Quote from $CostAverageMAN:
Well not a moment too soon....From my last post on currencies, I would like to come back and update it.....BTW...HELLO ALL....It's been some amazing weeks....I have committed 10 % of equity to the earnings game and have liquidated almost all petroleum positions and been playing the OIH options ($$$$$$$)....Over the past two week I have got back into airliners, paper, industrials, steel, miners, chemical, banks, insurance, some HMO's and drugs....and others..
Excel sheet if I can ever post it will show you everything that has been done......
I have had my reasons for leaving the Journal alone recently.....
1. I STILL CAN"T GET EXCEL TO POST....This just has me mad!!!!
2. I have been playing the earnings game and posting the stocks would give away my favorite/secret fund.....(hint: TZOO and NITE are both held by this fund)....This should give it away if you look....
3. I have almost gotten through earnings season and It is time to get back to the sharing ideas..
Any of you For-Ex people out there that just happen to come across this forum.....Here's my question.....Lets say I wanted to hedge my Dollar exposure......Would you suggest the GBP or Swiss Frac as a good safety currency.....These are my worries (Long Term)....Eventually Asia stops buying our debt, we keep printing money, the dollar has less importance as the worlds currency, hyperinflation comes into play, Recession turns into depression, Oil markets go crazy after new WAR.....BLA...BLA...BLA
$COSTAverageMAN
Attachment: gbpusd.png
This has been downloaded 29 time(s).
This was my post on 4/23 on the weakening dollar......
On the 24th of April I took many Forex positions (Leveraged 100:1) I have almost 20 Million betting against the dollar.....$$$$$$$$$
GBP/USD LONG
AUD/USD LONG
USD/JPY SHORT
USD/CHF SHORT
USD/CAD SHORT
.......WHY? because I have spent years building this wealth and have worked hard for my family.....I will be dammed if I let the Crooks running this country destroy my wealth.....They have been fed with a silver spoon and I personally think they probably don't have most of their wealth in the dollar currently either....If you knew you were going to wreck your currency by not reporting M3 and causing Middle eastern nations to ask for Euros or Gold for oil then you probably would have put your money in a different currency too..Especially with inside info like our politicians have....( I will reiterate once again that I have never in my life voted nor do I ever plan to.....Considering the fact that almost every major candidate since 1913 has come from the Committee on foreign Relations or has had some serious ties to many secret societies)
2004 Election as another example where the people had no choice.....
Some other prominent Bonesmen includeSkull and Bones Society out of YALE)
F. Trubee Davison ('18) was Director of Personnel at the CIA in the early years. Some of the other "Bonesmen" connected with the intelligence community are:
Sloane Coffin, Jr. ('49)
V. Van Dine ('49)
James Buckley ('44)
Bill Buckley ('50)
Hugh Cunnigham ('34)
Hugh Wilson ('09)
Reuben Holden ('40)
Charles R. Walker ('16)
Yale's 'unofficial' Secretary of War, Robert D. French ('10)
Archibald MacLiesh ('15)
Dino Pionzio ('50), CIA Deputy Chief of Station during Allende overthrow
William and McGeorge Bundy
Richard A. Moore ('3?)
Senator David Boren ('63)
Senator John Kerry ('66)
...and, of course, George Herbert Walker Bush. Bush tapped Coffin, who tapped Buckley.
Some other prominent Bonesmen include:
Henry Luce ('20), Time-Life
John Thomas Daniels ('14), founder Archer Daniels Midland
Gifford Pinchot ('89), President Theodore Roosevelt's chief forester
Frederick E. Weyerhaeuser ('96)
Harold Stanley ('08), founder of Morgan Stanley, investment banker
Alfred Cowles ('13), Cowles Communication
Henry P. Davison ('20), senior partner Morgan Guaranty Trust
Thomas Cochran ('04) Morgan partner
Senator John Heinz ('31)
Pierre Jay ('92), first chairman of the Federal Reserve Bank of New York
George Herbert Walker, Jr. ('27), financier and co-founder of the NY Mets
Artemus Gates ('18), President of New York Trust Company, Union Pacific, TIME, Boeing Company
William Draper III (50), the Defense Department, UN and Import-Export Bank
Dean Witter, Jr.('44), investment banker
Senator Jonathan Bingham ('36)
Potter Stewart ('36), Supreme Court Justice
Senator John Chaffe ('47)
Harry Payne Whitney ('94), husband of Gertrude Vanderbilt, investment banker
Russell W. Davenport ('23), editor Fortune Magazine, created Fortune 500 list
Evan G. Galbraith ('50), Ambassador to France and Managing Director of Morgan Stanley
Richard Gow ('55), president Zapata Oil
Amory Howe Bradford ('34), husband of Carol Warburg Rothschild and general manager for the New York Times
C. E. Lord ('49), Comptroller of the Currency
Winston Lord ('59), Chairman of CFR, Ambassador to China and assistant Secretary of State in the Clinton administration
Ever since Nixon re-established America's political relationship with China, many of our ambassadors to that country have been Bonesmen, including George Bush, the first Chief U. S. Liaison Officer to the Peoples Republic of China.
One thing about knowing this list and many of these members is that you are never a monkey throwing a dart when you are investing in companies that have this kind of power!!!!!!
$COSTAverageMAN
