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Blogger qrswave said...

Excellent post, jc!!!

Wednesday, February 01, 2006

Blogger yusuf chun said...

thx!!

Wednesday, February 01, 2006

Blogger yusuf chun said...

now we just need some lawyers to put their heads together and make this work. did you check JFK's EO?

it's still valid. how's that?

Wednesday, February 01, 2006

Blogger efsaturn said...

Great idea!

Also Prava has had a lot of articles predicting 20% and 40% decline in the dollar. One says it is S&P.

http://english.pravda.ru/world/20/91/368/16539_dollar.html

http://english.pravda.ru/world/20/91/368/16823_dollar.html

Wednesday, February 01, 2006

Anonymous Anonymous said...

Thanks for the post, JC. And sort of off topic, those Pravda links posted by efsaturn - it almost seems that both citigroup and standard & poor are betting on the success or failure of the Iranian oil bourse.

From http://english.pravda.ru/world/20/91/368/16823_dollar.html :
"Standard & Poor's (SP) ties the possible decline of the American currency with the imminent rise of the European economy and the payment shortage of the USA"

Okay. It would seem that the Iranian oil bourse would have a positive effect on the euro and a very negative effect on the dollar... and therefore the US would do whatever it takes to keep the oil bourse from occurring. (I certainly don't do the previous posts by qrswave on this subject any justice by my summary.)

But reading this: "While Standard & Poor's specialists talk about the looming collapse of the American currency, Citigroup analysts predicted the end of the dollar reign in the world economy back in 2005. Nowadays, Citigroup forecasts the fall of the European currency and recommend investors to sell euros."

Is citigroup thinking that security council action or something more serious will now keep the Iranian oil bourse from happening? Do they know something we don't? It makes me wonder if the analysts for these companies are just placing bets on the outcome of the upcoming crisis, maybe even making a little profit off of the trades resulting from their forecasts? Or it's just late and I am rambling. ;0)

Thursday, February 02, 2006

Blogger qrswave said...

jc, I'll look at it more closely this weekend.

great links, efsaturn!

Anon, it may be late, but you're not rambling. I think your analysis is right on target. The folks at citi more or less know what the US plans to do and by their actions this is not encouraging.

Those who don't know are always gambling on their speculations. That's the name of the game. The financial market is nothing but a big sophisticated gambling casino.

Thursday, February 02, 2006

Blogger 0hio said...

Testing

Thursday, February 02, 2006

Blogger 0hio said...

Well, sonofagun, it works!!

Thursday, February 02, 2006

Blogger qrswave said...

LOL! you're funny, Ohio!

Thursday, February 02, 2006

Blogger Dubai said...

Thanks for the post. It was very interesting and meaningful.
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Wednesday, September 21, 2011

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Monday, October 30, 2017

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