Showing 8932 Results for dow
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Showing 8932 Results for dow
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April 5, 2013
The Daily Bullish in the cash Euro for today’s close are 12977 and 13134. The Weekly Bullish are 13134 and 13433. This corresponds with the top of the technical channels. The monthly levels also show the first resistance at 13140 and 13370. We also have some closing resistance technically at 12996. The Euro on the momentum […]
April 4, 2013
In France a financial scandal is now threatening to bring down President Francois Hollande, since it emerged that his former Socialist Party treasurer invested in two Cayman Islands offshore companies. Here is the man who is hunting the rich while his own campaign funds go offshore. Amazing! http://www.bbc.co.uk/news/world-europe-22027376
April 4, 2013
Cyprus Proposal March 27th, 2013, 5:00PM EST Cyprus Proposal The paramount questions remain: 1) What is the end-game solution for the Euro? 2) How will the Euro survive after the Cyprus solution? 3) What is to be accomplished by staying in the Euro and suffering the indignities Brussels is inflicting upon Cyprus? 4) […]
April 4, 2013
A reader wrote: Yes. I am a “silverbug”. I never attacked you since I am a very open minded silverbug not a fanatic. But now the charts and the prices are showing your theory that in the economy, all the big money goes to the dollar first. So what should be the primary advice for timing […]
April 3, 2013
The Cyprus solution was in fact discussed at G20 levels. Numerous papers are starting to surface from Europe to New Zealand where government is accepting the idea that the next time bankers blow up the world, they can just take the deposits. This is even surfacing in Canada. http://business.financialpost.com/2013/04/02/ottawas-bank-bail-in-plan-targets-certain-liabilities/ We submitted our proposal to save […]
April 3, 2013
Our phones have been in meltdown mode and sleep has been rarer than gold around here. Whatever politicians could do to screw up the world, trust me, they are diligently at work to accomplish that goal even ahead of schedule. The logic coming from the ECB, France, and Germany leaves a lot to be desired. […]
April 1, 2013
Reports both from Europe and United States indicate that capital is starting to flee from Southern Europe which prompted the statements by politicians that Cyprus will not become the standard model, which of course it is. The European banks are closed today. Resistance for any knee-jerk reaction will begin at the Monthly Bearish Reversal that […]
March 31, 2013
The fact that the German Finance Minister Wolfgang Schaeuble has come out stating that savings accounts within the Eurozone are “safe” claiming that Cyprus was a “special case” and not a template for future rescues, proves that in fact the Eurozone deposits are ABSOLUTELY NOT SAFE! You never state a negative unless there is reason to do […]
March 30, 2013
I have always been a logical thinker. The teacher got very angry when I was in 4th grade and connected the dots concluding what she said was pure nonsense. Since she could not explain herself, the school called my father. He had to come down and plead with them not to expel me. So I […]
March 29, 2013
From South America a reader has written about the trend down there: “You know the same thing is happening in Latin America. Tons of dollars have been flowing there recently and dollar borrowing rates have skyrocketed as all US benchmark rates reached record lows. Economies are booming and it doesn’t take a genius to see […]