- Search Metals Mine
- krisware commented Jul 19, 2011
There are many risks involved ... Currency is falling in most cases because of growing Nations Debt or devaluation of the Currency ... printing money does change it a bit, but lets take CHF for example ... if Your currency is investors favorite then ...
Gold Rallies to Record in Best Run Since 1980
- krisware commented Jul 18, 2011
Yes, I agree with Gold going up at least as long as Economy has problems, but I see something else with Gold Price ... as long as gold goes up ... so does temp profit on Balance Sheets where Gold is shown ... let say U have a large amout invested ...
Gold Rallies to Record in Best Run Since 1980
- krisware commented Jul 18, 2011
Gold is one of largest bubbles and like all bubbles .... anyway there is still room for rise ... not because it is overbought ... it's because US dollars are loosing it's shine ... I think before seeing Gold falling well see new Reserve Currency ...
Gold Rallies to Record in Best Run Since 1980
- krisware commented Jul 16, 2011
Are You sure? USD could fall at least 50% more against all currencies ... this could happen after USD loosing it's place as Reserve Currency ...
Euro crisis could cause global markets to crash
- krisware commented Jul 15, 2011
Greece is not the problem at all. Media made it into a problem. Greece takes about 3% of EURO-zone GDP. The problem is Italy (and Spain in near future) and as 3rd largest in EURO-zone it could shake the World, not only EURO-zone. Things are bad, ...
Germany Finmin: Greek Crisis Threatens Eurozone As A Whole
- krisware commented Jul 14, 2011
Sorry .. I was little bit emotional
Lux Fin Min Frieden: There will be no country defaulting in the Eurozone
- krisware commented Jul 14, 2011
In few months we'll have a new Reserve Currency ....
Moody’s Puts US on Review for Downgrade, Obama and Cantor Feud at Debt Negotiations
- krisware commented Jul 13, 2011
Next time, I'll buy only If USD/CHF is at 0.10000 ... hope that US Dollar is not going to crash ...
SNB concerned about Swiss franc rise
- krisware commented Jul 13, 2011
As I remeber Swiss are part of EUROPE, so what kind of Safe-Heaven? Swiss has Banks, Banks are going to fail ... If ECB falls, Swiss fall, EU falls ... US falls, FED falls ... take money out of the Banks? ...
SNB concerned about Swiss franc rise
- krisware commented Jul 13, 2011
EURO is falling and US Dollar is falling, too ... that's why EURO is not falling, because US is facing Default before Greece ... Check EURAUD or EURCHF and AUDUSD, USDCHF or even tsunami hit USDJPY ... EURO is falling bit slower than USD and that's ...
5 reasons why the Euro isn’t trading much weaker
- krisware commented Jul 13, 2011
Paying back dept brings Deflation ... printing money brings inflation ... You choose ... both are not so good ... I do not see any solution there ... only way is pay back dept and rise Productivity at same time ... otherwise all You'll get is ...
German government spokeswoman says currently there are no plans for an extraordinary EU summit
- krisware commented Jul 12, 2011
Forget IMF ... all they do is dig a hole for You and add more Dept to Your Balance Sheet ... You'll need extreme Austerity measures to cut expences ... give away half of Your income and get used to it and after huge Deflation period in near future ...
Moody's junks Ireland
- krisware commented Jul 12, 2011
Lets take US as an example. ... rate cut did not help ... Cutting rates would be another foolish thing to do ... but maybe it is correct If You want to throw the problem into the future ... anyway Austerity brings Deflation, so cutting might help ...
Europe Needs a Rate Cut. Now.
- krisware commented Jul 12, 2011
As I understand less Dept means less Money, because Money is Dept ... so, If we try to pay back some or most of the Dept ... what happens? ... less money means high Deflation ... so US working hard to avoid Deflation, but EU is trying to avoid Dept ...
Lux Fin Min Frieden: There will be no country defaulting in the Eurozone
- krisware commented Jul 12, 2011
Funny phrase "... Eurozone has needed strong leadership ...". As long as greed and Dept is Worlds leader, we have no other way ... just Bailouts and Recessions ... extreme-capitalism and speculation is going to fail anyway ... there is no solution ...
EURO-Too Big to Fail or Too Big to Bail?
- krisware commented Jul 11, 2011
It is possible to cut back if we'll see QE3, 4,5 ... etc. and the value of the US dollar falls rapidly because of upcoming hyperinflation. It might mean that Oil is at 500 USD and Gold 10000 USD and US dept at 100 tril. ... and US dollar is going to ...
Obama: Time to "eat our peas" and pass debt deal
- krisware commented Jul 10, 2011
So it is
You'r correct and more of You and we'll see the end of Central Banking system...ECB's Trichet says has decided to suspend rating requirement for Portugal
- krisware commented Jul 7, 2011
Well, we'll see, but knowing how they are now, I would not bet otherwise.
The 10 Countries Least Likely To Default On Their Debt
- krisware commented Jul 7, 2011
Who is this guy? Why are everybody even hearing what he has to say. He is only interested in saving hes own loans (ECB, German Banks etc.), nothing else. Exclude FED and ECB from everything and we might find some kind of solution.
ECB's Trichet says has decided to suspend rating requirement for Portugal
- krisware commented Jul 7, 2011
Yea right. It was nice spring, nothing else. Even a bling chicken finds a seed once in a while.
UK Manufacturing Bounces Back Sharply In May