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- markam replied Jan 7, 2009
Cool article. I do disagree that the yen will continue its strong correlation for the forseeable future. The stock market has a lot more downside still to go. The yen, not so much.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Jan 7, 2009
I know. GJ just isn't as cooperative at these low levels. I do fully expect it to hit the 1995 lows around 127 fairly soon. The way england is collapsing, GU should drop below 1.4 at some point after this rate decision.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Jan 7, 2009
looks like I may be right. The next two days could get ugly on Wall Street, which may get us to 127 on GJ by next week.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Jan 6, 2009
I thought we would hit dow 10,000 before the employment report Friday, but with this constant barrage of nothing but bad news, I am wondering if the stock market has peaked and is ready for its next step down. Alcoa to cut 13 pct of global work ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Jan 6, 2009
Tell me about it. I was only able to increase my account 30 fold in the last six months trading based solely on fundamentals. Damn, I really need to learn technical analysis so I can actually figure out this whole forex thingy.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Dec 30, 2008
I think the absolute lowest we can go on GJ is 109.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Dec 30, 2008
my chart shows a low of 127.04 in april 95. And yes, I expect we will hit it.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Dec 5, 2008
I posted my predictions back at the beginning of October Nationalization of the world banking system Collapse of global trade Collapse of national governments around the world Depression Fiat currency collapse worldwide World War III Collapse of ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Dec 5, 2008
In case no one noticed (and the reason the market spiked) is that the Fed is now officially printing money. Outright Agency Coupon Purchase url The world is going to be a very different place in a year.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Dec 2, 2008
url The american empire is dying faster than I ever thought possible. I don't think we will make it through 2009 without complete collapse.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Nov 23, 2008
Apmex.com is the best online source in my opinion
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Nov 23, 2008
It will be over soon. And it will be well before 2015 like in this graph. image
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Nov 23, 2008
The only countries with actual money reserves are russia, china and the opec countries. they have their own problems right now. Expect global printing of money.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Nov 23, 2008
url I think old Gordo will quickly learn that the UK doesn't have the freedom to run massive debts like the US has been doing. This should be good for dropping GU below it's earlier low. Of course, the US is going to learn very soon that the US ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Nov 20, 2008
I thought we would get a bear market rally after last thursday. Now, I don't know.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Nov 20, 2008
Here is what the stock market will do when we go full-out printing. image
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Nov 20, 2008
The only way we are going up is if the government starts printing to cover its debts. The market might rise, but you will be losing money the whole way up. Rest assured, the government will be printing in the next few months. Global monetary ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Nov 20, 2008
we are officially in the biggest bear market since the great depression (graph from calculated risk blog). image
Auslanco - GBP/JPY and GBP/USD (newstrade)
- markam replied Nov 19, 2008
I guess for the first time I can be accused of being optimistic. It appears that things are so bad that we may not be able to even get a bear market rally.
Auslanco - GBP/JPY and GBP/USD (newstrade)