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michaelpelly commented Feb 16, 2013Well, in long term view - the money printing basically reduces the spending and buying abilities of the middle class further and further. But given the fact, that most western nations consume too much and in too unwise ways - there is still much ...
Bernanke Says Economy Far From Recovering Full Strength
- michaelpelly commented Feb 16, 2013
Maybe some impact, but I think "investor fatigue" holding gold for many weeks and still dropping. Even Goldman Sachs desperately tried to manipulate the price with ridiculous news (3-4 weeks ago) that gold will break 1800 end of February.
Gold Bugs Watch Out: Warning Signs Pile Up
- michaelpelly commented Feb 16, 2013
I don't think so. It will reach the 1525-35 area in next 2 weeks.
Gold Bugs Watch Out: Warning Signs Pile Up
- michaelpelly commented Feb 15, 2013
Gold is being slaughtered.
Gold – Break Below 1625 Opens up Key Support in 1525-1530 Area
- michaelpelly commented Feb 15, 2013
So far - pretty far shot picture, everything is possible though. First it need to drop stable under 1.52xx
5 Reasons To Stay Bearish On GBP Targeting A Drop To The Low $1.40 - Deutsche Bank
- michaelpelly commented Feb 15, 2013
NZD is following...
Australian Dollar the most overvalued currency
- michaelpelly commented Feb 14, 2013
Sweet! More "Hollandenomia" syndrome.
EU launches plan to tax trading in 11 countries from 2014
- michaelpelly commented Feb 14, 2013
Agree, but nothing basically prevents you to use the trend and make profits.
Soros fund bets against yen, makes $1 bln - WSJ
- michaelpelly commented Feb 14, 2013
Heh, volatility to the core!
PM Abe and Fin Min Aso split over BoJ governor choice: officials
- michaelpelly commented Feb 14, 2013
No, no snobbish! :-) Just a technical remark, sir! :-). I respect your trading style as well - like everyone's else...
German Gross domestic product down by 0.6% in the 4th quarter of 2012
- michaelpelly commented Feb 14, 2013
They seems try to "news"-stop the GBP freefall :-).
Britain to miss triple-dip even with no more QE - Reuters poll
- michaelpelly commented Feb 14, 2013
German economy is strong relatively to its neighbors in the Eurozone - this gives them just enough stability to survive the recession times without too much struggle.
German Gross domestic product down by 0.6% in the 4th quarter of 2012
- michaelpelly commented Feb 14, 2013
Technically a master short was just bellow 1.37xx - so not very impressive ;-).
German Gross domestic product down by 0.6% in the 4th quarter of 2012
- michaelpelly commented Feb 13, 2013
"Boom" might also mean "Ka-boom" and over...:-)
Get ready, Japan's economy is set to boom
- michaelpelly commented Feb 13, 2013
Not only - it implies that they want to be competitive by raising effectiveness than simple money printing.
English Says N.Z. Won’t Enter Currency War Zone With Peashooter
- michaelpelly commented Feb 13, 2013
Quite possibly, actually :-)
Rogue trader Jerome Kerviel sues Societe Generale for €4.9bn
- michaelpelly commented Feb 13, 2013
Gentlemen, I tick of advice - until you waste time and energy to figure out best market model for auto trading, the market modelling has been changing - and you start again to adapt your algorithms and tools and re-try again and again :-). Just use ...
The world economy: Cliffs avoided, mountains ahead
- michaelpelly commented Feb 11, 2013
That 2 engines are MAN, sir - they never fail! :-)
Silvio Berlusconi's young girlfriend Francesca Pascale disappears
- michaelpelly commented Feb 11, 2013
I think you guys are all-but-jealous! :-). Me too! :-), but I'm on a long run to acquire my SeaRay Sundancer 575 - ready for "bunga-bunga" wild parties! :-)
Silvio Berlusconi's young girlfriend Francesca Pascale disappears