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- krisware commented Aug 10, 2011
Nice ... but I have a question ... let say we somehow manage to overcome this Downturn/Recession ... markets are stable ... if there is no need to invest into gold and value of gold is at 3000 USD/oz ... now everybody has something that is ...
Gold hits fresh all time high going over $1800
- krisware commented Aug 9, 2011
"Unexpectedly" ??? As Expected ....
U.K. Factory Output Unexpectedly Falls
- krisware commented Aug 8, 2011
US rating not AAAA, but BBB ... and soon we have new Reserve Currency ... US might default before Greece ... who knows ... Buffet does not know ... game has changed too much for him
Obama: Warren Buffet & I would rate USA's credit AAAA if that rating existed
- krisware commented Aug 8, 2011
Well see US at BBB soon enough ...
Moody's affirms US AAA credit rating and expects US to implement fiscal initiatives
- krisware commented Aug 7, 2011
Banks are the largest and the worst problem in the world ... same with leverage and speculation ... it's not hard to see or calculate where it brings us and how this is going to end
24 hours to save the Euro – fiscal union or bust
- krisware commented Aug 4, 2011
it won't last, because US is in much deeper s*** ... it is going to fall back to prev. point after more bad news from US ... maybe when US looses it's AAA rating
Japan Sells Yen to Defend Economy, Acting Alone in Intervention, Noda Says
- krisware commented Aug 3, 2011
US is so deep s*** ... there is nothing to do ... just watch an see how USDCHF falls to 0.5000 ... later maybe 0.0000
SNB's Hildebrand says EU, US problems pushed the CHF higher
- krisware commented Aug 3, 2011
I told You so ... USD/CHF fell back for now, but we'll see if they are able to break downtrend ...
Swiss National Bank takes measures against strong Swiss Franc
- krisware commented Aug 3, 2011
If I'm wrong ... then we are going to have hyperinflation soon enough ... high global inflation at low lending rates could kill this system much faster ... another recession is coming and this time there is no solution ... double-dip is not far and ...
Swiss National Bank takes measures against strong Swiss Franc
- krisware commented Aug 3, 2011
Nice, but as we all know from past ... Japan made those moves, too, but it did not help much ... so trend is still down and USD is going to fall more and more
Swiss National Bank takes measures against strong Swiss Franc
- krisware commented Aug 2, 2011
Sorry, it did not work ... and it will never work ... forget FED and find a solution or US is going to default ...
Fed Policy Makers May Consider Additional Stimulus as U.S. Economy Slows
- krisware commented Aug 2, 2011
Swiss Franc will never be a reserve currency, because Swiss are so called Reserve Country ... no-one will ever touch them ... as we all know ... having reserve currency makes systems collaps ...
Swiss Franc the New Reserve Currency?
- krisware commented Jul 27, 2011
Still funny to read ... recession ended months ago .... sorry ... it was just postponed ...
Is austerity working for Britain?
- krisware commented Jul 24, 2011
fall is always much faster and deeper compared to the growth ... just for recovering from 50% fall You'll need to add 100% growth ... that's why fall always feels much worse ... anyway ... i'm always looking for signs and probability ... it is not ...
9 Safe-Haven Investments In Case Politicians Destroy The US Economy
- krisware commented Jul 24, 2011
I do not agree ... Gold is overbought because of fear and greed ... to much emotions are involved ... this always means, that it is in bubble state ... so it was with real estate and sorry ... real estate and gold are comparable, because both are ...
9 Safe-Haven Investments In Case Politicians Destroy The US Economy
- krisware commented Jul 23, 2011
Gold is not safe investment ... If You compare prices from 1930 and 2010, You'll see that Gold is gone up 80 times the value of Gold from 1930 (20 dollar/oz) ... prices for food from 1930 compared 2010 have gown about 5-10 times and for let say cars ...
9 Safe-Haven Investments In Case Politicians Destroy The US Economy
- krisware commented Jul 22, 2011
I think this was the whole IDEA even before Eurozone was made? ... Thay are using problems as they like and take whole control over Eurozone countries ... I remember a guy who tied it other way and failed about 70 years ago ... I hope this won't ...
European deal could lead to two-speed Europe
- krisware commented Jul 19, 2011
It is worth saving EURO and throwing out all siesta members from Spain to Greece... including Italy ...
Merkel says it's worth every effort to save the Euro, but Thursday's meeting won't yield a...
- krisware commented Jul 19, 2011
Money is Debt. Value of GOLD is just a Historical agreement.
Best Answer We've Seen To The Question: Is Gold Money?
- krisware commented Jul 19, 2011
Yes, there is man made Gold. It's not a problem, but expencive. It's quite easy to make radioactive Gold, but would You buy it. And as with Diamonds (man grown from D seed), everything can be made by man. Only question is - TIME....
Best Answer We've Seen To The Question: Is Gold Money?