I know I am going to hear a lot about the naysayers… BUT look at the following article, Greece and Turkey have called a truce. They have both agreed to a massive reduction in military budgets and increased trade between the two countries. > Die griechische Schuldenkrise ermöglicht eine historische...

Great overview and background on Gold as a Commodity over at Crossing Wallstreet). The summary for current investors is... > My view is that the Federal Reserve will raise interest rates earlier than expected. I don't know exactly when that will be but it will put gold on a dangerous path. For now,...

Today somebody in the chat forum tried to politely say I was biased towards the Euro and hence could not see with clarity. I would say, first I am contrarian and will rant about things. But secondly and more importantly, I am trying to point out the hypocrisy. First let’s start with the Greek...

From DealBreaker.com (via CrossingWallStreet)): > Goldman Sachs just revealed in an SEC filing that its traders made money on every single trading day last quarter, a record for the firm. Net revenue for trading was $25 million or higher in all of the first quarter’s 63 trading days with 35 of...

When I get into something I can become single-minded. Take for example the following article. > Monday’s market euphoria across the world at the terms of the European Union/International Monetary Fund rescue package for the European bond market faded Tuesday as investors sold stocks and took...

The media is going to say that the CDU lost because of Greece, the bail out and the airwaves are going to go on, and on, and on about this. But you need to look at the facts much closer. First look at the winners and losers: | | | --- | | ScreenHunter_01 May. 09 22.09 | Look at the results. The...

Trying to figure out what to think about this: (from BusinessWeek) > The Nasdaq said after markets closed that it will cancel all trades of stocks that moved more than 60 percent from their price at, or immediately prior to, 2:40 p.m., when the slide started. The cancellation applies to trades...

So here we go Portugal is placed on review for downgrade. > Moody's Investors Service said it has put Portugal's Aa2 government bond ratings on review for possible downgrade, while the government's Prime-1 short-term rating was affirmed. Moody's expects that, in the event of a downgrade, Portugal's...

Everybody thinks that the Greek demonstrations will continue. I am going to say they will slow down dramatically. Reason? > In einem tödlichen Inferno eskalierten die Proteste in Griechenland. Der Ministerpräsident zeigt sich bestürzt über den Tod dreier Menschen. Eines der Opfer war offenbar eine...

I can accept things when they are bad news, or problematic. But I can’t accept things when there is no real reason. The Euro Drop is such an example. 200 pips in a day? That is a 0.2% percentile action. What that tells me is that something is at hand. The typical response is “Greece”. Really I...