The Meat Mincer

Dec 06, 2010 at 09:09
Vistas 1,139
10 Replies
Miembro desde Nov 18, 2009   posts 735
Dec 06, 2010 at 09:09
Interesting news, links about this crazy meat mincer - the market!
Post if you find something interesting.

https://www.forexlive.com/151605/all/ireland-likely-to-leave-euro
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Miembro desde Oct 28, 2009   posts 1424
Dec 06, 2010 at 09:18
I read in the paper at the weekend the piece about Angela Merkel threatening that Germany would leave the Euro.

Seems like it's days are numbered at least in it's present format.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Miembro desde Nov 18, 2009   posts 735
Dec 06, 2010 at 11:38
Just some food for thought - profit % of 'professional' money managers.

NOT monthly 100% but 10-30% a year as you can see.

https://www.trustnet.com/Managers/Home.aspx
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Miembro desde Oct 28, 2009   posts 1424
Dec 06, 2010 at 11:51
Professional fund managers are operating with different rules and circumstances to your bedroom forex trader.

I'm sure some of them are privately making vast sums though.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Miembro desde Nov 18, 2009   posts 735
Dec 06, 2010 at 15:30
Yeah, I reckon a realistic gain would be somewhere between the monthly 100% of the bedroom gambler and the yearly 10% of the fund manager. A monthly 10%? Sounds good. I keep on dreaming, it's free 😁

Funny guys at forexlive - if you guess how much the ECB will spend on crappy eurozone bonds this week, you can win a t-shirt 😁😁😁

https://www.forexlive.com/151713/all/guess-this-weeks-ecb-bond-buying-win-a-crappy-tee-shirt
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Miembro desde Nov 18, 2009   posts 735
Dec 08, 2010 at 12:24
Uh-oh, 'smart money' expecting U/J to take out 85.50 soon?

https://www.forexlive.com/152367/all/usdjpy-holding-up-alright-so-far
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Miembro desde Nov 18, 2009   posts 735
Dec 20, 2010 at 10:31
One of 'the fathers of euro' is dead. I'll close all my EUR longs. 😞

https://www.guardian.co.uk/business/2010/dec/19/tommaso-padoa-schioppa-euro-economist-dead
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Miembro desde Nov 18, 2009   posts 735
Dec 31, 2010 at 13:47
Funny Titanic illustration

https://www.telegraph.co.uk/finance/currency/8233645/Ex-Soviet-state-Estonia-to-become-17th-eurozone-member.html
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Miembro desde Nov 18, 2009   posts 735
Mar 15, 2011 at 08:43
Situation not getting much better in Japan. One of the major global fin centres (that would be Tokyo) is practically out of the game with the BoJ injecting money comparable to the GDP of entire Africa. Situation is fragile - better stay away - unless you are in the know.


Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Miembro desde Nov 18, 2009   posts 735
Mar 15, 2011 at 15:46
I'm wondering what keeps the European Union together ... it's not the common history, it's not a common language, maybe it's the charismatic president? I never heard about him .. 😁



It's funny that Eurozone countries Estonia with $15k GDP and Slovakia with $22k are supposed to be borrowing money to bailout Greece with $27k GDP per head. Funny indeed.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Miembro desde Jan 14, 2010   posts 556
Mar 16, 2011 at 13:53

speki posted:
 It's funny that Eurozone countries Estonia with $15k GDP and Slovakia with $22k are supposed to be borrowing money to bailout Greece with $27k GDP per head. Funny indeed.

Indeed that is quite peculiar - who is going to bailout them? 😄
They are knowingly going into debt - I'm not sure what's the point of moving money around in such a situation.
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