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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Taikun who wrote (6880)6/1/2006 5:47:49 AM
From: TobagoJack  Read Replies (1) | Respond to of 217752
 
definitely not in BoC, but am angling to do business with them after their ipo

shorting GLD is not a trade for me ... it feels unnatural

shorting miner ETF is being considered, either direct or via Put



To: Taikun who wrote (6880)6/1/2006 6:29:27 AM
From: elmatador  Read Replies (1) | Respond to of 217752
 
TK, there's money piled up in Japan that's totally useless since Japan doesn't need reserves because the JPY is convertible. No need to to keep money for imports like peripheric countries with non-convertible currency. USD800bn of reserves.

Recently money has been pilling up in gold. This goes against the arrow of: Capital should spread more evenly.

Higher oil prices also causes money flowing to middle east countries as payment for oil, depletug other areas, this also goes against the arrow of capital spreading more evenly.

Capital is like manure. It must be spread as thinly as possible. Have you come 1Km close to a pile of manure?

Whenever you see capital piled and hogged by countries it is wasted. To avoid wasting, capital has to follow the arrow and spread up.