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


To: carranza2 who wrote (59314)12/23/2009 7:23:48 PM
From: TobagoJack1 Recommendation  Read Replies (1) | Respond to of 218880
 
just in in-tray, per FEAR n greed

· The close of the year has been marked by a lease of life for the US dollar which was clearly overdue given how “oversold” the currency had become. The rationale seems to be part greater optimism on the US economy, and part renewed jitters about the financial and fiscal integrity of Euroland courtesy of the widening spreads on Euroland government bond yields.

· This US dollar move should be seen as an opportunity for owners of dollars to sell dollars, though GREED & fear would not be in too great a rush to do so. GREED & fear would advise investors to buy more gold bullion if they see the gold price back at the US$1,050/oz level and buy more if bullion goes lower.

· The ten to two year US Treasury bond yield spread is now at its widest in more than 30 years amidst almost near universal consensus that the yield curve is going to continue to steepen in 2010. But if deflationary pressures remain as stubbornly entrenched in 2010 as GREED & fear suspects, then the surprise will be that the gap gets filled by a renewed decline in Treasury bond yields.

· Restoration of Glass-Steagall, or some modern equivalent, is clearly the only sensible public policy towards the financial services sector given the vast losses sustained by taxpayers as a result of securitisation gone mad and given the continuing reluctance of officialdom to allow banks to fail.

· Bank of England Governor Mervyn King has again made the point that “Too Big to Fail” was a luxury that Britain could simply not afford. Yet it remains remarkable to GREED & fear how little has been done in 2009 to combat “Too Big to Fail” despite the vast sums lost. It also remains remarkable to GREED & fear how little has been done so far to reform the role played by credit rating agencies.

· One seemingly concrete development for greater discipline in the system has been the new Basel BIS proposals for banks’ Tier-1 capital which recommends that core Tier-1 capital should consist predominantly of common shares and retained earnings, and not “hybrids”.

· Still the tough new mechanism is not as tough as made out because of the policy on implementation, which is hardly aggressive. And doubtless it will become even less aggressive if market focus switches during 2010 to the very real risks still lingering in Western banking systems.

· GREED & fear is confused about what the Copenhagen pantomime has achieved, if anything. Still it is clear that neither America nor China would agree to meaningful cuts. If governments really want to confront environmental degradation then they should tax fossil fuel consumption aggressively. This is a much more direct approach to addressing the problem than the carbon trading scam.



To: carranza2 who wrote (59314)12/24/2009 4:38:41 AM
From: TobagoJack2 Recommendations  Respond to of 218880
 
just in in-tray,

For those interested

1. Premium on gold coins remains high and has drifted a little higher. Today in HK was about $54/coin at open

2. Panda gold coin from dealer premium remains where it has been recently and a little lower than Hang Seng bank/mkt

3. First batches of 2010 Pandas are generally sold out in HK till next month

4. I went to Panda dealer this morning to find I was beaten there and place had been cleaned out

5. I picked up a few Nuggets earlier and got one Panda that was left

6. I continue to believe that gold is in bubble/semi-bubble, but that it can go on longer because of central banks

7. Maintstream funds (pensions) have not really considered this as asset class yet

8. As asset class, virtual money we should own some, perhaps 5% allocation, while maintaining our wits

9. Accumulate during dips...don't chase when people get buying fits




To: carranza2 who wrote (59314)12/24/2009 7:19:56 AM
From: elmatador  Respond to of 218880
 
Violence is going to be busted. Brazil Boosts Minimum Monthly Salary 9.7% In 2010. Slowly we will improved the system damaged by the Lost decade engendered by Paul Volcker.

The hike represents a gain for unskilled workers in real terms since Brazilian inflation is currently running at about 4.3%.



To: carranza2 who wrote (59314)12/24/2009 7:38:56 AM
From: elmatador  Read Replies (3) | Respond to of 218880
 
Kansas City: a real estate broker offers a free gun if you buy or sell real estate in Kansas through his company!

Jesus! And Chas thinks Brazil is violent!!!

Real estate broker offers guns to home buyers in Kansas
December 20,


Real Estate Broker offers Free Gun to Clients

Kansas City: a real estate broker offers a free gun if you buy or sell real estate in Kansas through his company!

"We believe you should have the right to defend your home, and if you buy or sell a home through our company we will buy you a gun". said real estate broker Ben Edsall of Turn-Key Properties LLC, a real estate company in Kansas City.

The first hint of this marketing plan was stated on one of his blogs back in July, but with real estate sales sluggish and firearm sales still booming, Mr. Edsall sees this as a great time to announce this promotion.

While the idea is not new, it has not been done before in Kansas. Until recently Missouri and Kansas were among the very few states left that did not allow "inducements" from real estate brokers. Kansas changed that law but Missouri has yet to do so. So Mr. Edsall is only offering this to clients in KS at this time.

Many remember the world-wide media attention Mark Muller of Max Motors in Butler, MO created by offering a free AK 47 to anyone who purchased a new truck from his dealership. Back in 2007 another real estate agent in Georgia offered a free Glock to any police officer who bought or sold a house through her. Mr. Edsall proudly points out "I bought my truck from Max Motors, I like their style, and I admire their patriotism"!

Mr. Edsall, a long-time NRA member and avid outdoors-man said this offer is not just for houses in Kansas but for any Kansas real estate transfer valued at over $100,000. The firearm will be "purchased" by means of a voucher for $250.00 valid toward the purchase of a firearm or any other items from participating gun dealers. Mr. Edsall has made arrangements with several firearms dealers including The Olathe Gun Shop to take the vouchers.

While his website shows only a few homes in Kansas for sale, he has sold quite a bit of commercial real estate there, and hopes to broaden that market. Earlier this year Mr. Edsall offered a free horse to anyone buying real estate in Kansas. Even though he sold several car washes and other real estate in Kansas; he has yet to have any takers. The horse market is down, he said; you can barely give them away!

An ad he placed on the popular Merchant Circle site, shows in bright red "Buy a House get a Gun"! that coupon links back to another web site of his www.batescountyrealestate.com ; where his wife's family owns a small horse ranch and he hopes to retire someday.

"For many years I have offered a 1% discount to NRA members, this is just a way to say thank you for being our client and maybe help along another part of our economy, the gun dealers." said Mr. Edsall while proudly displaying the stainless steel .45 caliber AMT he keeps in his back pocket.
At his office on 67th St. in Kansas City, MO a sign above his desk reads "We Don't Dial 911", under that sign hangs what appears to be a cap pistol, but the message is clear; we can take care of ourselves. Near the sign is a photograph of Mr. Edsall's nephew who is currently serving in Iraq.

Turn-Key Properties seems to offer about everything you could imagine, commercial real estate, investment property and a selection of farms and rural property; their web-site's traffic counter shows over 905,000 visitors.

"I love guns, I love real estate.... I've found a way to combine them, I guess my New Years resolution is to sell a million dollars worth of Kansas real estate in 2010"!

examiner.com