Are you really making money?

sudoku1 · #**121** 2nd July 2008, 04:05 PM

rumours among foreign fund managers say that banking giant U B S may face further writedowns.........

deepsa52 · #**122** 2nd July 2008, 11:50 PM

Checkout the inverted pyramid - and don't be fooled by the 18.6% debt held by the Chinese. Yuan is getting stonger and it is be quite possible that gradually they will pull out of the dollar ( it has to wait after the olympic games ) . When that happens, it will signal the death of the dollar and a hyperinflationary spiral in the US - matter of few years. People thinking about bull markets, think again. And...a stock market index value taken alone does not have that much importance.

http://www.leap2020.eu/GEAB-N-26-is-...bal_a1800.html

And BTW these are not some wild predictions, the data is there for everyone to see - most interesting of all - the discontinued M3 money supply.

2scared · #**123** 3rd July 2008, 11:02 AM

Quote:

Originally Posted by sudoku1

rumours among foreign fund managers say that banking giant U B S may face further writedowns.........

Whats LEFT to write down "YOU BEE ESS"!
It would be better if they shut shop and wrote themselves off

Soon well hear news that ADAG group has bought out one of these Sab Prem Fulls

deepsa52 · #**124** 3rd July 2008, 01:31 PM

UBS in moneycontrol
Get into stocks with 12-18 mths perspective: UBS Sec

sudoku1 · #**125** 3rd July 2008, 02:13 PM

Quote:

Originally Posted by deepsa52

UBS in moneycontrol
Get into stocks with 12-18 mths perspective: UBS Sec

SO THEY CAN GET OUT IN 2-8 days......

deepsa52 · #**126** 3rd July 2008, 02:56 PM

Quote:

Originally Posted by sudoku1

SO THEY CAN GET OUT IN 2-8 days......

Bear necessities.

deepsa52 · #**127** 3rd July 2008, 06:51 PM

ECB interest rate hike.

Trichet stressed that the ECB's primary objective was maintaining price stability, saying that it will preserve purchasing power in the area and this, in turn, will promote sustainable economic growth.

"The fundamentals of the euro area remain sound, and the euro area doesn't suffer from major imbalances," he said, adding that "unemployment has fallen to levels not seen in 25 years."

___

The economists at RBI, do they care about the purchasing power of the Rupee ? And suckers to follow along. It goes without saying that a strong country has a strong currency.

deepsa52 · #**128** 10th July 2008, 04:42 AM

Some biggies in action, ..how this plays out will affect markets worldwide.

At the end of last year, Fannie alone had packaged and guaranteed about $2.8 trillion worth of mortgages, approximately 23% of all outstanding US mortgage debt. And these securities are highly rated and sold to investors all over the world.
....

That would allow give officials the ability to argue that they weren't bailing out the companies, but rather making an investment that would pay off in the long run..

http://money.cnn.com/2008/07/09/news...ion=2008070914

uasish · #**129** 10th July 2008, 07:53 PM

The US situation is bad,this is what i understand from your posts so far.
Maybe you are viewing Indian situations also through that glass.There is a chance of misunderstanding me ,i am not saying Indian scenario is good,but not that Grim.
Plz think,are'nt you viewing India through US specks.

deepsa52 · #**130** 11th July 2008, 05:47 AM

Quote:

Originally Posted by uasish

The US situation is bad,this is what i understand from your posts so far.
Maybe you are viewing Indian situations also through that glass.There is a chance of misunderstanding me ,i am not saying Indian scenario is good,but not that Grim.
Plz think,are'nt you viewing India through US specks.

True, Indian situation is not that bad when compared to US - but yes in general I am viewing India through US glasses, ie VERY bearish on Indian economy. The main reason is that currency movement is not reflecting the strength of Indian economy. Repeating the same thing again - Yuan and other major currencies are strengthening vs USD past six monthts. As long as Rupee tracks the dollar, India is probably headed the same way, ie towards borderline hyperinflation. If you remember, Rupee was strenghening till around Dec 2007. Inflation started to accelerate when the USDINR trend was broken ( I pointed this out back in March before all the ugly news on Inflation ) . What can a few trillion in excess money supply of the world reserve currency ( which is going to be EUR in a few years time ) do to the system ? It is going to be chaotic. A 20% Rupee interest rate will fix that problem

There are other factors as well, the other three of the BRIC are doing better and money will flow there. Brazil and Russia are big time commodity exporters, China can stand on its own with its huge currency reserves and its expanding mineral wealth.

Check this out as well..

http://www.economist.com/finance/eco...ry_id=10429271

I can always change my opinion when Rupee starts tracking Yuan or Euro. I am willing to listen to other arguments as well.