Thursday, February 25, 2010

So, You Think Yen Is Weak Currency?


65 comments:

אנטי-סופיטליסט said...

Querido Boris .... According to Goldman Sachs filiings with the SEC, for the 9 months of 2009 thru September, they report the following:

Interest Income: $8,314 billion gain
Bonds: 4,358 billion gain
Equities: 7,515 billion gain
Currencies: 4,038 billion loss

Seems like they could use some help in the currency department ... I can write a letter of recommendation for you :-)

boris said...

Dear Xerxes,
Please, do not
My Services and Trust
Go
TO My Subscribers.
Regular people.

If I knew there was somebody from
GS/BS subscribing to my service
I would deny them my service.
I promise you that!
Because It looks like whatever littlle money they lose, they lose it to us(:-
And I would like fo that to remain as it is .

Good Trading Dear Xerxes

boris said...

Update
On
DotOrg

D said...

The Answer

boris said...

Dear D
THanks,
I wish this was an answer, because, regardless if you pay your debts or not, they/SOPITALISTS put into more of it via Gov deficits. THey own all the property and will inflate them , while people will stay with debt.

Sorry, but the Real Answer, lies somewhere down the road from this, even though, I cannot deny that this may wake up the elite, but I sincerely doubt.

Good Trading Dear D

boris said...

Please Note,
YBR and VIX outline
Updates available on DotOrg

אנטי-סופיטליסט said...

Jim O'Neil, Chief Economist for Goldman Sachs says the next sovereign debt crisis is Japan and he thinks that th strong yen we have now is ridiculous .... Fair value, he says, for EURUSD is 1.20

Wanderer said...

Dear Boris,
Good morning.
Thanks and good trading.
Have a great weekend.

Bert

boris said...

Dear Xerxes,
If my memory is correct this Gentleman O'Neil is from the same company which managed to lose 4 Billion dollars in currency transactions. Is not it?

I rest my case

Good Trading Dear Xerxes

boris said...

Dear Bert,
Good Morning
And Good Trading
My Very Dear Friend
Have a nice weekend

אנטי-סופיטליסט said...

Yes, Dear Boris, he is .... Now we know which trade cost them 4 billion ... :-)

D said...

that is the answer to **ending** the mess...

and so the mess never happens again:

1) ban government borrowing
2) fractional reserve banking
3) institute flat transaction tax

D said...

2) ban fractional reserve banking

the entire concept of charging people interest for money you yourself do not possess is just ridiculous! lol

Ivan said...

Dear D,
I would add: each government should issue it's own money, not to create money supply by banks (from thin air). So, we couldn't have public debt... But, that requests the big changes in this world to happen. I don't know if/when that time will come.

D said...

ivan -

the financial grid should be run as a utility and the lending function be amongst one another off the template of prosper auction format.

so long as governments are allowed to borrow - period - they will become tyrannical.

boris said...

Dear D,

"so long as governments are allowed to borrow - period - they will become tyrannical"

AMEN!

Good Trading Dear D
And All

boris said...

Please note,
Trade are is specified
In market report

I am not able to produce chart.
Not yet , at least.

Good Trading

boris said...

emini268
On
DotOrg

boris said...

5 minute data
At the top of
Market Report

Mike Truong said...

Oil and gold is powering EUR at the moment. Nice bullish reversal from double bottom of 1.3450 yesterday. Also broke above hourly downtrend channel decisively. Should bodes well for all risks going forward.

boris said...

Dear Ivan,
That Looks
Great,

I mean the boris.blogspot.com being being enclosed within the DotOrg Home page.

Great!

Mike Truong said...

EUR is 70 pips away from recapturing its losses to GBP since middle of January. EUR have been gaining on GBP since the middle of February which suggested that EUR decline was slowing down. For EUR to resume falling, both EURGBP and GBP must start falling back down.

boris said...

Well, Michael,
Appreciate the comments.
For a while, that looks correct.

You know what our expectations are though.

Good Trading Dear Michael

אנטי-סופיטליסט said...

Boris, I learned here from the comments about dotorg (coming from boris.blogspot), I may have missed a notice... For me no problem, I found it... but it might be useful to notify people about that address because dotnet is down and that other address you gave before is not actualized.
Pit
(I´m logged in but for some reason still your name...)

boris said...

Dear,
I must be tired(:-

So, I did not understand exactly what your message implies.

Nevertheless enjoy the day
Good Trading Dear Pit

Ivan said...

Dear Boris, Welcome.

Klaatu said...

Dear Boris,
Re: The item mentioned in bigpic#5,
did you mean "new highs" shown in the pic, or further back in time?

Also, I see you added a y to the end of your name in the Market report on dot.org :-)
Great reports as usual.
Good trading,
Klaatu

John said...

Boris

Just finished watching a George Carlin special from a few years ago. He was right on the money.

old john

אנטי-סופיטליסט said...

B-berg reports that the Greeks are considering reducing salaries from 14 monthly checks annually to 13; rises in VAT and fuel taxes in the works, benefits cuts; EU to concoct some type of loan guarantees as 50 billion needs to be rolled this year ...

boris said...

Dear John,
I am sure you never doubted(:-

Good Trading My Very Dear Friend.
Old George knew the truth and the whole truth

אנטי-סופיטליסט said...

Querido Boris ... GBPUSD sliced the 2nd like a hot knife through butter ...

Wanderer said...

Dear Boris,
Good morning.
Thanks a lot.
Good trading.

Bert

אנטי-סופיטליסט said...

Mark Faber says that EURUSD to 1.40 then down once again Dear Boris ...

boris said...

Dear Klaatu
Please get with me on quick chat
Good Trading Very Dear Friend Klaatu

boris said...

Dear Bert,
Good Morning and
Good Trading My very Dear
Friend

boris said...

Yes, ALAP2 is gone for GBP
Dear Xerxes, and you know where ALAP3 is do not you?
Good Trading Dear Xerxes

אנטי-סופיטליסט said...

Yes, Dear Boris, I do and I just added the 4th to the list, just in case :-)

אנטי-סופיטליסט said...

So the buck is on a rampage and all B-berg is talking about is the Olympic hockey game over the weekend ...

אנטי-סופיטליסט said...

If they can keep up this pace of GBPUSD decline all week, Dear Boris, London may finally become affordable to people of more modest means :-)

אנטי-סופיטליסט said...

Quebec in the crosshairs now as regards debt/gdp

אנטי-סופיטליסט said...

Soros says that if Euroland doesn't move forward on poliyical union, the euro will just 'disappear' Dear Boris ... You'd think he would reserve such statements until the buck was trading on the other side of parity :-)

boris said...

Soros is the last guy you want to listen

In a sense that when he finally is called for OPINION

It is all over or close to it.

Damn World of SPITALISTLS
they never stop getting a little guy left when the right turn is coming up
(:-

אנטי-סופיטליסט said...

They also had Faber today telling us to go long EURUSD for next 10 trading days Dear Boris ... Funny, not a word on GBPUSD, just more hockey talk :-)

אנטי-סופיטליסט said...

Bank of Tokyo-Mitsubishi projects GBPUSD at 1.40 Dear Boris ... B-berg says traders are shifting focus from Greece to the UK as the next debt debacle, skipping Italy, Spain and Portugal for now :-)

אנטי-סופיטליסט said...

Buffet made a cool billion bucks buying equity index puts at the market peak Dear Boris ... Who told him the PPT would be AWOL at that critical juncture :-)

Klaatu said...

Good morning dear Boris,

Good trading,
Klaatu

boris said...

Dear Klaatu
you can chat with me.
If you go to community-> chat with boris


I did not understand your question
Good Tradiang Dear Klaatu

boris said...

emini269
On DotOrg

boris said...

5 min data
on
DotOrg

boris said...

Sorry,
Could not place 5 min data
Attempt to do it again

John said...

Boris

got it --thank you

old john

Klaatu said...

Dear Boris,
Natural gas perking up.
Any thoughts on the oil/gas spread?

Good trading, Klaatu

boris said...

Dear John,
Enjoy, Very Dear Friend

boris said...

Dear Klaatu
come on the chat
Thanks Very Dear friend

boris said...

Dear Klaatu
All
I have updated DotOrg
with info on NG-CL spread issue

Good trading All

Klaatu said...

Thanks Boris-
Insightful as always.
Good trading,
Klaatu

Klaatu said...

Today is a Bradley turn date.
Klaatu

boris said...

Dear Klaatu,
Thanks for reminding us

Good Trading Dear Friend Klaatu

Mike Truong said...

Dear Boris,

Is the black relic leading again? Down 2 bucks from high this morning...

Good trading dear friend,

Michael

boris said...

Could very well be Dear
Michael.

Sorry, I had to get away.

Good Trading Dear Friend Michael

אנטי-סופיטליסט said...

Down Under serving up 4% Dear Boris ... Change I can believe in :-)

אנטי-סופיטליסט said...

Now, Dear Boris, B-berg is talking about sterling reaching parity with the buckeroo (obviously with the common currency as well)

אנטי-סופיטליסט said...

The buck is back to February 5th pricing Dear Boris .... Month long see-saw

אנטי-סופיטליסט said...

The IRON Relic soldiers on Dear Boris

אנטי-סופיטליסט said...

Greeks are gonna tax smokes and ouzo to help close their budget deficits Dear Boris ... That's the ticket :-)