EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
How to improve your decision--makingh between Nasdaq100 and SPX by watching technicals in bond yields - Details in video description.
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
These three geniuses are now identified:
A conference call among Greek Prime Minister George Papandreou, French President Nicolas Sarkozy and German Chancellor Angela Merkel is set for 16:00 GMT.
Sarkozy aka dr. Dunno
Papandreou aka dr. Goodfornothing
Merkel aka dr. Clueless
take care set sl on longs ..and stop buy also
EUR target by ye to USD : zero, before 2.0
Alea iacta est , says Cesar Dr.Ben.
At least once in my career I wanna serve one really competent Central bank CEO, Stark said.
One has to see whether the Spiegel reports tomorrow.
My approach is mathematical and insofar, too simple for tealeaf readers.
I start with buy low sell hi, thus there is a positive difference d. It matters not whether the difference is from along or a short call.
Thus the only question from which a theory can be completely and consistently derived is
what is the value of difference d, v(d).
This value is to be expressed in terms of a standard S, v(d)=f(S). This can be gold, cost of living, price of property.
The value of fiat money is self-referential v=f(v).
One doesn't need more to explain all those patterns of stock prices.
Thus a rather short-lived but hefty rally is expected. This has only one purpose that the big boys who buy on margin in new lows can completely empty their stocks portfolio with at least no loss.
The content is beyond chart astrology ... negative rates in short term bonds drop in 3 mon LIBOR , currency swaps, SNB buys Swiss bonds ( increasing liquidity )... all of these are very new measures . But the facts remains that banks and funds won't buy Euro and further that an estimated 800 bln CHF tax evasion money ( 500 bln from Russia) will not be changed to USD and for sure neither in EUR nor in RUB.
It was only one SNB member Thomas Jordan who brought up the idea CHF peg to EUR.
Rumors are that by next wednesday SNB will announce a lower limit to EURCHF of 1,30 CHF for 1 EUR. Question is how will SNB achieve that? SNB sits on 22 bln losses from interventions.
Very obvious is, should SNB confirm a peg to EUR at EURCHF 1,30 markets will test that.
And according to NZZ SNB will only buy foreign currency for CHF 200 bln. Thats not much.
Thus consequence: EURCHF can as well head for 1.2 and for 1.0