Forum > View Topic (Article)
This thread was started in response to the Article:
Unsustainable Appetite in FX, Equities & Oil
We're witnessing more signs of peaking appetite, this time inside the individual Forex pairs, as well as more failure in oil and Chinese stocks
For you everyday is risk aversion........I am very sure!!!
Good day for my positions!!
Bernake says don't buy US dollar, because I will print it and give you by freee!!! hahaha.
Good luck !! everyone!!!
Ashraf
Hey Asad ,
I know the theory...but anyway , Thanks for your advices !
For the moment , my position is prety red ... aproximatly double than the initial margin...but i"ll try to resist , though today , in my opinion is a hard day for the shorters , because djia looks it will be green ( especially if the housing starts and building permits will be better than previous month and a little gain is very possible ) and for the moment , usd looks a little weak against eur , gbp and jpy...ohhho oil looks a little better now...
Regards and good luck !!!
I glad to hear Ashraf talk about risk aversion and USD rally everytime, because I know it will be fantastic chance to short USD when it rally......
Jim Rogers said that he want to sell his life insurance because it is in USD......I think he is worry about USD will collapse before he die............the money even can't cover his funeral maybe.....
I only have 200 USD in my pocket now.......maybe I should go to bank to exchange it now....haha..
Good luck!!! everyone!!!
Apologies. Need to work on my perception...
Add to this the $14 tn federal debt & the equation becomes even more interesting...
I found some data about US debts, but I am not sure the number is correct or not.....because it is too much and toooooooo much..........
102 trillion for SS & medicare
25 trillion for TARP & bailouts
53 trillion plundered from other trusts
Every single American man, woman & child owes over $600K in FED Gov debt....
Good luck!!!