Sunday, November 08, 2009

Government In Action

Even, Those Who Are In Cash Need To Know What kind of Cash/Dollar/Euro/GOLD? Answer Is hidden in the chart below


From Dear John

clickme->wall_streets_naked_swindle
From Dear Klaatu




Dear Boris,I thought you might like to see the Connecticut legislature in action. The House Minority Leader, Lawrence F. Cafero Jr. R-Norwalk, pictured standing, far fight,speaks while his esteemed colleagues, Rep. Barbara Lambert, D.-Milford and Rep. Jack F.Hennessey, D-Bridgeport, play solitaire on their laptops as the Connecticut House convened to vote on a new budget.(reported by AP). The man in front of the above two is on Facebook.And the guy behind Hennessey (laptop in lower right corner) is checking out thebaseball scores.Apparently they couldn't get the budget out by Oct.1st, so they got a 30 day extension.Now we know why they vote on bills at midnight. Keep up the good work, ]Boris.Klaatu (Whats Not To Like, Dear Klaatu(:- )


108 comments:

alexnewbee said...

Dear Boris,

let us make a deal: you borrow me 20.000 $ at 10% annual, I pay these dollars for your subscribtion service, get access to your information on eur/usd/gold for the next 20 years, I make shitload of money, repay you the debt and contiunue to pay you 10% on principal for the next 20 years. what do you say about this deal?

boris said...

Dear Alex, this deal is not negotiable,the reason is simple, One cannot make short term trades as well as needed without knowing the long term picture. It is like having 10 thousand paths to Macdonalds in Netanya where I live and not knowing which one to take and what time to arrive there(:-.

Something similar. Example, perfect one, would be March 2009, Dear Xerxes is shouting on the top his voice ( PARITY, PARITY , EURO is going to 1 to Dollar)(:- and we tell him and all our subscribers to get ready to bumpy take off in EURO. Which , amazingly enough was exactly what happened. Now this was not a first unbelievable call , it was simple another one in series of exact outline for EURUSD for last 3 years. OF course, Dear Xerxes, is now all exacited about 1.61 in EURUSD... Do you see GIMMEEURO staff.

Now we love Dear Xerxes,
This is not about him.

But the trught is that even with that knowlevge it was very hard to figure out exact entry and exit points in the short run. Only knowing long term trend can one keep in seemingly unimaginable currency moves such as 2008-2009 collapse.

Why I say this? because I am not selling here a short term solution I am selling a long term solution and that means I would like to know that I get payed, for sure.

I would not trust 20,000.00 even Merril Lync and Even USA government. In 20 Years a lot could change and some of the companys, hertefore cosnidered icons, could be gone!

More so individuals such as me and you. Or could be poor or whatever.

I am selling future now. That is the short and long of it. It is like knowing that in 20 years you have a good chance of finding OIL in your backyeard.

Why, how can I be so confident.

Well, for one, I would challenge the biggest names in this business to come and show me that any of them had a better VISION of the future than I did for last 3-4 years that I showed up in this business.

I am sure there is none and I am sure thare is none that could do it 3 years in the future!

1) That is what makes me different.
2) The above shows you also that I am willing to take payment only now and

3) Most likely, after some time the price will be raised to make sure that there are no more than 50 copies of this doucment in other private hands.

I come back and let remind.

What would you have done in Oct 2007 if you knew the top would not come in stock market till 2000 an 10000 in Dow( 500% without leverage)!!!
???

THis information is

P R I C L E S S

Good Traing Dear Alex.
Good proposal, but does not fit with my understanding of the world

alexnewbee said...

Dear Boris

thank you for your time and good trading.

John said...

Boris

Good luck with your offer

boris said...

Dear John,
Thank you
very very Dear Friend

xerxes said...

Good Morning Dear Boris ... I've been completely under the weather since Friday .... Checking in just now, I see that you've noticed all my postings :-)

Vishal said...

Buffet is a crony capitalist, lol :

http://www.ritholtz.com/blog/2009/11/buffetts-bailouts/

xerxes said...

Aussie Soars To New Multi-year High Of 0.9922 Against Canadian Dollar

xerxes said...

The International Monetary Fund said in a Nov. 7 report traders are probably using the dollar to fund so-called carry trades around the world and it may still be overvalued.

The U.S. currency also dropped as the G-20 remained silent on the greenback’s decline this year.

Gold rose amid mounting speculation low U.S. borrowing costs will drive down the dollar, boosting the appeal of the precious metal as an alternative investment.

GimmeEuros

boris said...

Like Always, thank god,
most of people see things the way they are, way after . Yes, way after the fact.

I wrote about Buffet, His bridge Body Gates, Bloomberg, Immelt and the rest of the SOPITALISTS, whose worldwide dominance, each of us supports with a blood and Sweat, very long time ago before market crisis was apparent.

How, Come, How Did I Know that?
Of course My articles about these people getting rich on dollar depreciation and misery of USA worker and saver ( purchase of power degradation) was not readily appearent to anybody.

Only I had the balls to call the Buffets of the world what they really are.


Enough said. Anybody why would like to remember, when and how did I say these things can read the "Save Social Security" article pointed to way down on this front Page. Or Just Search Buffet On My Site.

Good Trading Dear Vishal and thanks for the post.

xerxes said...

"these people getting rich on dollar depreciation"

They got a little richer this weekend Dear Boris ....

GimmeEuros

boris said...

Good Morning Dear Xerxes,

Good Trading Very Dear Friend.

Yes, markets are doing what they need to do. Give them time and they will do exactly inverse.

xerxes said...

Bloomberg has a guest that is saying that the weak dollar has caused an 'echo' inflationary boom in many emerging/Asian economies with a return of pricing power to many industries ....

Well, wasn't that the point of QE, to cause inflation .... So it has arrived ... Are they happy now Dear Boris

xerxes said...

Bloomberg says that banks do g-d's work, and goldman says that g-d's work pays very well ...

xerxes said...

Bloomberg repeating IMF statement that USD is overvalued ... GimmeEuros

xerxes said...

Nov. 9 (Bloomberg) -- Moody’s Investors Service changed China’s ratings outlook to “positive” from “stable,” citing the government’s success in steering the nation through the global financial crisis.

xerxes said...

German economic data to be released soon ... Are they going to reduce the value of the overvalued dollar, upon release Dear Boris :-)

xerxes said...

Analyst agree Dear Boris, per Bloomberg, that oil copper and gold will go higher and higher

xerxes said...

They're reducing the overvalued nature of the USD in the wake of the German export data Dear Boris

xerxes said...

WalMart to open 40 shops in India Dear Boris ... India is booming as is Singapore and many other Asian countries ... Have the Asian/Emerging Markets decoupled Dear Boris .... I don't know but they're buying German manufactures ... GimmeEuros

xerxes said...

The IMF didn't mention what they think fair value is for the buck ... EURUSD 3.0000 sounds about right Dear Boris considering that the USDX needs to be halved to meet its H&S target .... Having said that EURUSD looks like a nice short here :-)

xerxes said...

Not good to stand in front on moving trains .... GimmeEuros

xerxes said...

EURUSD surging and it hit 3rd daily already Dear Boris, less than an hour into european session

boris said...

Dear Xerxes,
Thank you for a good job you are
Doing on the comings/goings of
the financial world

Good Trading Dear Xerxes

Peter said...

Thought you might enjoy the following quote from ABC news Australia:

'We do God's work'
The chief executive of Goldman Sachs has defended staff bonuses and believes banks serve a social purpose and are doing "God's work".

xerxes said...

Bloomberg says oil has gained 76% YTD Dear Boris ....

xerxes said...

Bloomberg says that nobody gives a hoot about the weak dollar as German exports soared today and the French are doing well, along with the Germans and Asians ... GimmeEuros

boris said...

Dear Peter,
Thanks For your Insigths
From Down Under

ENjoy Dear Friend
Yes,they are Doing GODS Work
THey did not tell you though,
that they worship,different God From Us(:-

xerxes said...

Earlier this morning somebody on Bloomberg was talking 1.55 on EURUSD by year's end Dear Boris ... Are there sufficient euros out there to meet demand Dear Boris :-) GimmeEuros

xerxes said...

S&P futures rising smartly Dear Boris

xerxes said...

Nice call on sterling Dear Boris

xerxes said...

Talk of parity once again in yodelandia Dear Boris ....

xerxes said...

Buck getting crushed Dear Boris ....

xerxes said...

The big 1.5000 Dear Boris .... No time for losers Dear Boris cause euros are the champions of the fx world

Wanderer said...

Dear Boris,
Good morning.
Thanks and good trading.

Bert

xerxes said...

Futures keep rising Dear Boris ... Over 1080

xerxes said...

German factories humming Dear Boris ... In case you need reminding, they use euros in deutschland :-) GimmeEuros

boris said...

Good Morning Dear Bert
Very Good Trading To
You Dearest Friend.

xerxes said...

They say, Dear Boris, that the equilibrium exchange rate is where the currencies respective purchasing powers are equalized. Based on that the buck shouldn't be crashing but I'm not an economist ....

boris said...

According the what is Called Purchae Power Index

EUROPean Currencies are Now, very overpriced, in the range of 10-17%. Imean EURO and SWISSY

This is for sure.

See, How much you pay for MACBURGER in bewlin Veruw Washington and
You will know what we are talking about

Good Trading Dear Xerxes

I hope,one bright day Dollar is no more used as world fucnice matterial and our politicians have not free loading on Dollar and then Dollars Real Purchase Power will be sky High and if somebody wants to know when that day comes all they have todo is buy my 20 Year forecast.


America is totally ENergy Self Sufficient, while RUssia could shut down EUROPOE just about any time it wans( FEEZE them to death).

So,why do we pay OPEC 80 per barrel,cause we do not want ARAP states to crumble!

We could tell the world to kiss our you know what and unleash the gas supplies of 100 years, instead of pushing the gas back into overloaded storage.

But our politics is stupd and dtrimental to US and our People have not woke up to tell the Dear Government.

ENOUGH

IS

ENOUGH

GOod Trading Dear Xerxes

Again My 20 Year EURO predictor knows when exactly things will happen\

boris said...

Ok, GOING FOR WALK.

May be along(er) one
(:-

GOod Trading all

xerxes said...

Looks like the IMF statememt has turbocharged antidollar today Dear Boris ... No meaningful corrections

boris said...

Is not this the same BS IMF
that said 7monts ago that we will be in recession till 2010.

I like to listen to IMF the same way I would like to Listen to AHMEDINEJAD

GOod Trading Dear Xerxes,

Can their Bs Move Markets Sometimes?

YES

xerxes said...

The IMF has it correct as usa is still in recession ... Sometimes they lie and sometimes they don't ...

xerxes said...

GO GO Aussie got back to 93 Dear Boris ...

boris said...

sorry to be late,
chart did not work today
see update on DotNet ( Market Report)
Good Trading

boris said...

5 Minute APs at Market Report

xerxes said...

SPX is smokin' Dear Boris

xerxes said...

EURUSD lost 370 pips in 3.5 trading days .... A little faster pace and whispers of a hyperinflationary crisis will be heard at the local watering holes Dear Boris ....

xerxes said...

Should say gained not lost

xerxes said...

Did we tweezer bottom the USDX or it it heading to Rio Dear Boris

boris said...

Update on ANTIDOLLAR on MarketReport

Aboot-Bull said...

Desr Boris,

Dont u think there's a weird action going on UUP..???...?

tnx,
A-B

xerxes said...

nice call dear boris

boris said...

Please note today's gold comments
on Asset Page

boris said...

Dear A-B,
Not sure How To Answer That Question, WIthout giving you
SUbscriber Information.

And I cannot do that.

Sorry, and Thanks Dear A-B

GoodTrading Dear Friend

boris said...

Dear Xerxes,
Welcome

Good Trading Dear Xerxes

xerxes said...

DOW made a new high but the S&P 500 didn't, yet, Dear Boris ...

Aboot-Bull said...

Dear Boris,

fair enough.... ;-)

tnx,
A-B

boris said...

Regarding the message on Market Report.

We are in the time window,but didnot yet get into the price window. Not sure if we get in,but stops must be placed for anybody that may have taken position to

BREAKEVEN

xerxes said...

Good Morning Dear Boris ... Nice moonshot yesterday .... 1120 can be had at any time now ... What I thought was interesting was how EURUSD was 'restrained' during the equity rally ... The 'invisible goldman hand' at work Dear Boris? It isn't Goldman though as fx trading was the only trading area they claim to have lost money in ...

boris said...

Good Morning Dear Xerxes,
Need to remember though that EURO rallied Eary and hard in the day, but percentage wise even Gold was restrained. So, the stocks market, temporarily, at least(:- , is becoming investment of the choice for lumpen Proletariat!(:- ?

Good Trading Dear Xerxes

xerxes said...

Perhaps, dear Boris, but volume wasn't up to snuff and there was a lot of short covering driving shares higher ... Meanwhile French industrial production crapped out this morning being sharply negative MoM when a positive print was expected ... As long as Tricky prints less it is simply a case of GimmeEuros :-)

xerxes said...

No matter how bad the data, antidollar shrugs it off Dear Boris

boris said...

Dear Xerxes,
That is the way it looks,
Until It Does not!

Good Trading Dear Xerxes

boris said...

Update at Market Report
Timing Update

Ivan said...

Boris, please, question for you on MReport page! Thanks

xerxes said...

When EURUSD hit 1,5020 would you call that an echo dear boris

boris said...

Dear Ivan, All
Updated the Market Report.
Hope , this text is clearer.
Thanks Dear Ivan,
GOod Trading All

gorli said...

(Adds details.)

LONDON (Dow Jones)--Goldman Sachs (GS) said Tuesday it remains bullish on commodities and expects oil, copper and corn to be in deficit in the coming months, which should boost prices.
"Oil, copper and corn will shift into global deficits in the coming months owing to a combination of demand and supply drivers, which would likely generate substantial further price and returns upside," Goldman Sachs said in a report.
It said prices will be volatile but maintains a 17.5% returns forecast for the S&P GSCI Enhanced Total Returns Index in the coming 12 to 24 months.
Goldman said improving OECD data is lending support to a tighter outlook in commodity markets and China's consumption of materials such as copper and crude oil as support to higher prices was a common theme in its report.
For gold, the ongoing shift of central banks and governments from being net sellers of gold to net buyers in the context of declining real rates is supporting prices, and the metal could rise further.
Goldman forecasts WTI crude oil at $95 a barrel on a 12-month basis, up from a previous forecast at the end of October of $94/barrel. It forecasts 12-month copper at $7,530 a metric ton, up from the last forecast of $2,050/ton, and maintains its gold forecast of $960 a troy ounce on a 12-month basis but said if 10-year TIPS yields remain at current levels gold could trade up to $1,150/oz and $1,200/oz.
For crude oil, Goldman predicts spare OPEC production capacity will be absorbed in the coming year as non-OPEC output declines and demand improves further.
For copper, the bank expects demand for base metals in emerging markets and OECD countries to cause a drop in copper inventories next year and that will boost the copper price.
dear boris, what is your opinion?
gorli

boris said...

emini201
On DotNet

boris said...

Dear Gorli,
Gs outlook may or may not be correct
They are not gods,even as they maybe doing god's work(:-

I cannot give and answer to this question online.

The answer and actual timing is pretty much precharted int the future, by documents Seefuture,EUROPROJ and YBR.

According to GS - BS OIL should have been 250 long time ago, but boris published and article in savehaven that oil is to top in July 2008.

GOldman who?

Good Trading Dear Gorli.

Please note , those long term subscribers like Golri, Have six months view of Seefuture and they should be able to see what my forecast is.
Of course, any questions for clarification can be addressed online at DOTNet.

Dear Gorli, thank you
Very , very Dear Friend

boris said...

everybody

remebers

DOW

RIGHT!

YOU all know it!

xerxes said...

What r u talking about DOW Dear Boris

boris said...

Dear Xerxes,
Please reread two notes, especially first one in Market Report


Good Trading Dear Friend

xerxes said...

Okay ... I see what you're talking about ....

boris said...

You know,what I am interested in?
If I gave GS OIL forecast of 200+ for OIL in 2007, I would have no single subscriber today.

On the other hand GS has more people taking down their doors to get a inferior advice.

Power of money? Ha.
Thiefs have a lot of money(:-
That donot mean they know S about markets!

Good Trading All

D said...

the only reason GS said $200 was to sucker in some buyers for their short position...

they are in the proprietary trading business, not the profitable investment advice business.

boris said...

Dear D
I could not have said that better!

(::)

Thank you Very Dear Friend D

Good Trading

xerxes said...

Dear Boris ... If they floated the RMB would it sink or soar ....

xerxes said...

The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.

The senior official claims the US has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves.

"The IEA in 2005 was predicting oil supplies could rise as high as 120m barrels a day by 2030 although it was forced to reduce this gradually to 116m and then 105m last year," said the IEA source, who was unwilling to be identified for fear of reprisals inside the industry. "The 120m figure always was nonsense but even today's number is much higher than can be justified and the IEA knows this.

"Many inside the organisation believe that maintaining oil supplies at even 90m to 95m barrels a day would be impossible but there are fears that panic could spread on the financial markets if the figures were brought down further. And the Americans fear the end of oil supremacy because it would threaten their power over access to oil resources," he added.

xerxes said...

A second senior IEA source, who has now left but was also unwilling to give his name, said a key rule at the organisation was that it was "imperative not to anger the Americans" but the fact was that there was not as much oil in the world as had been admitted. "We have [already] entered the 'peak oil' zone. I think that the situation is really bad," he added.

I wonder if the whistleblower is an executive of Goldman sachs International Dear Boris ...

boris said...

Dear Boris ... If they floated the RMB would it sink or soar ....
asked Dear Xerxes,

Well, My Very Dear Friend.
I do not know, that is a honest answer, but I do know ,in that case I would a cheap boat from which to conduct my financial consulting business(:-


Good Trading Dear Xerxes

Mike Truong said...

Boris,

I know this is not your usual cup of tea but can you give me your thoughts on PCLN? Very juicy piece of meat there but I think there might be a trap behind it. Earning shot it up beyond the anal-ysts expectations.

Thanks dear friend,

Michael

xerxes said...

Dear Mike ... Stick with the loonie :-)

boris said...

PCLN
is above fifth Anual and is at 1.61 projection.

It may fall from here Like a rock,but if it continues,then there are no limits that I know atthis moment

Good Trading Dear Friend Michael

xerxes said...

good morning dear boris

xerxes said...

Spot gold makes new high Dear Boris ... SPX futures soaring ... EURUSD AUDUSD soaring ... Just another ho hum day at the office :-)

xerxes said...

China exports down 14% in October ... China bank lending 1.3 trillion USD so far this year ....

boris said...

Dear Xerxes
Good Morning My Dear Freind.

Thank you for updates.
Nothing New Under the SUN though.
We Just need to go through Gyrations, Until Mother Nature, or the urge to make big money Calls.

And that does not happen every day(:-

Good Trading Dear Xerxes

xerxes said...

Fisher reiterated the strong dollar policy; said decline orderly so message is clear .... continue selling the buck

xerxes said...

Looks like SPX wants to make new high this morning ...Look at that euro surge

xerxes said...

Soaring Gold, Soaring EURUSD, Soaring SPX .... USDCHF parity at any moment .... Heady days Dear Boris Heady days these Fed boys organized for us ....

Gimme Gimme Gimme Euros

xerxes said...

EURUSD pulled back 7 pips Dear Boris ... That's all they're giving the latecomers Dear Boris

xerxes said...

Tuesday 'Blue Light' Special Dear Boris is ..... Euros!!! ... On sale now at the discounted price of 1.5044 .... First come First Serve Dear Boris .... While supplies Last ... No Rainchecks ... New supplies next month but expect sharply higher prices .... So don't delay ... Gimme Euros :-)

xerxes said...

When Fisher talked, traders listened Dear Boris ...

Ivan said...

Dear xerxes,
are you the big importer of cheap goods from USA :))?

xerxes said...

Dear Ivan .... Good idea :-) ... When EURUSD last visited these lofty levels, I brought a 40 footer over for personal consumption .... I guesstimated at the time that the goods were 50% cheaper even when you add in the cost of shipping/taxes (lots)/assembly etc.

xerxes said...

Worldwide disgorgement of the dreaded Bernanke buck Dear Boris ... Mr. Market following Fisher's recommendations Dear Boris and spewed those dreaded buckeroos ....
EU trying to force fiscal restraint while Obama/Bernanke print like there's no tomorrow and there probably isn't :-)

Ivan said...

ha, yes, good business to you.. I know some people who visited USA recently and were so delighted with prices of clothing that they spent much more money than they initially planed... The real question could be: is that good for us (Europe), USA or China? Or for Sopitalists, everywhere?

xerxes said...

Banks r makin' cash money again Dear Boris .... City of London on the hunt for talent ... I can sell bucks just as well as anybody else Dear Boris .... I just made up a new CV with job search title of 'Amateur Dollar Seller' ISO entry level position selling USD .... Have rolodex with large group of suckers to unload the scat on .... Do you think I can get offered a pay packet Dear Boris :-)

Ivan said...

Dear xerxes, this could be early morning reversal (in NY)...

xerxes said...

Dear Ivan .... I buy very little in Europe ... I bring everything over ... The difference in price pays a lot of the airline tickets .... Even at 1.25 the Euro is too expensive from my POV for most goods .... Cell phones are cheaper in Europe :-) But can you buy new laptops for 200 euros? I bought some as gifts for friends ..

Clothes are a no brainer ... price differences are astronomical ... Great time for Europeans to visit USA and stock up on goodies but could get even better :-)

xerxes said...

Maybe Dear Ivan ... Futures still rising .... So reversal from where?

Ivan said...

Dear xerxes, maybe from 3rd Daily or 5th Hourly, for EUR!?

xerxes said...

Dear Ivan ... A Bloomberg guest was talking the 5th daily as a target if 1.5060 is taken out ...

I think futures just broke old high

xerxes said...

1103.25 and climbing

boris said...

New Post,
Let us please move to new post