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Posts by "cat0nip"
1999 Posts Total by "cat0nip":
72
Posts by Anonymous "cat0nip":
In short term positive for EUR in long term very negative.
And from Merkel all plump lies.
The russian Oligarchs who caused the crisis of banks of Cyprus
as they withdrew the laundered money at left the banks bare of
any capital will not be charged with 10% .
So the question no journalist not even in UK dares to ask did Merkel warn her russian oligarch friends?
In the near future no matter what charts say there will be a large
withdrawal of accounts from Italian Spanish ..and you name it banks. That will strengthen which currencies?
No the CHF not so much the russian Oligarchs are already out they prefer USD now. But yes the Singapore dollar. Possibly the HK dollar, too. And the JPY.
some good trades swing but these are positions.
I bet on politics.
After all the Fed is the legal owner of all dollar bills ever issued...
I played today quite successfully with EURGPB ( long)
always guided by strength meter. I think keeping a position could make another profit in next week.
Merkel will bailout russian oligarchs that is monetize their laundered money into solid Eur bills that could lift EUR while GBP could be downrated by StandardPoors and or Fitch.
The book calculates razor sharp: Germany is by far the most indebted Ezone economy. Schauble has never included the pensions of zillions of officials due in the next 7 years: these exceed
Euro 2 trn ! There are no funds anymore, Schauble used these to play the actual debt of Germany down.
I am fully trusting Don Draghi. Only that Merkel gives russian oligarchs bailout precedence in Cyprus case may anger JPM GS and so on.
Target is still 1,32 EU may even go to 1,33 in first run. I started EJ short at 124,4
no one listened...
EUrx and USDx together look a bit like Eur crisis is back...
Italy may be downrated soon Don Draghi will revenge. Perhaps tomorrow?