The Euro Schizophrenia Continues

At the beginning of May I said that the Greek demonstrations would drop off dramatically. Of course nobody listened… What has happened? Oh yeah the Greek demonstrations have dropped off dramatically. So why did this happen? It is because the English speaking media does not understand mainland...

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Market Tanks On News Of German Bans On Naked Shorting?

Wow sell sell sell…  Why? Because Germany introduced a ban on naked short selling? > Germany will ban so-called naked short-selling from midnight, a lawmaker with the ruling Christian Democratic Union told Dow Jones Newswires. He added that Chancellor Angela Merkel will announce the plan in her...

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Bild (Germany’s Tabloid) Asks Do We Need the Euro?

I find the article from one of Germany’s biggest tabloid very interesting. It asks does Germany need the Euro? Would Germany not rather have the Deutsch Mark back? First in this time of crisis I find it interesting that Germans are split 50-50 about the Deutsch Mark. You would figure that more...

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Wow Greece Has Changed!

I know I am going to hear a lot about the naysayers… BUT look at the following article, Greece and Turkey have called a truce. They have both agreed to a massive reduction in military budgets and increased trade between the two countries. > Die griechische Schuldenkrise ermöglicht eine historische...

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Gold as a Commodity (via Crossing Wallstreet)

Great overview and background on Gold as a Commodity over at Crossing Wallstreet). The summary for current investors is... > My view is that the Federal Reserve will raise interest rates earlier than expected. I don't know exactly when that will be but it will put gold on a dangerous path. For now,...

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Am I Euro Biased? On the Markets Currency Hypocrisy

Today somebody in the chat forum tried to politely say I was biased towards the Euro and hence could not see with clarity. I would say, first I am contrarian and will rant about things. But secondly and more importantly, I am trying to point out the hypocrisy. First let’s start with the Greek...

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Goldman Sachs Traded Profitably EVERY DAY Last Quarter

From DealBreaker.com (via CrossingWallStreet)): > Goldman Sachs just revealed in an SEC filing that its traders made money on every single trading day last quarter, a record for the firm. Net revenue for trading was $25 million or higher in all of the first quarter’s 63 trading days with 35 of...

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