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Comments »Monthly Archives: October 2012
Got 3 Bucks?
Buy this and memorize it. Soft Currency Economics 2
Comments »Modern Money & Public Purpose 2: Governments Are Not Households
No, The United States Will Not Go Into A Debt Crisis, Not Now, Not Ever
Finally… Some common sense.
No, The United States Will Not Go Into A Debt Crisis, Not Now, Not Ever
Dice Roll, Part Deuce
Dice Roll
http://i80.photobucket.com/albums/j189/dav7612r/dice_zps2a807918.gif
NZDUSD
This buy is a god damn’d roll of the dice, but i’m taking it anyway at only 20% of the usual position size. I’ll gamble, but conservatively. There’s a few things going for the long side here. Mostly, the sell orders above have been filled and there’s an accumulating stack of buyers around 0.8100-ish. How do I know this? Experience. I’ve seen order flow like this before and 9 times out of 10 the short sellers get their ass handed to them on a silver platter with a side of go fuck yourself.
Contrary to QE mythology the USD will grow huge testicles in the future, which is why I consider this a gamble. Laugh it up now, QE – stocks will go up for eternity, heathens. Your day is coming. There’s a problem with sparking an economy mostly dependent on spending. Shit is too expensive and nobody wants to spend. How do you solve that problem? Jack the value of your currency up so shit becomes less expensive. Mostly, Oil and other commodities have to come down for a real recovery to happen in the good ol’ U.S. of A.
Good day, gentlemen.
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