My last post

[phinolerun]

Re: My last post

We shall see how strong the dollar trade is when oil goes back toward $82/barrel. And that will be just the beginning of the coming up-trend.

Unless oil can come gushing out of windmills and solar panels, the dollar is ultimately going to trade lower. So any rally in the dollar will be capped by the fundamentals.

Some silly non-science, non-economics, code-words, and buzz-words that make the dollar a SELL: photo-voltaics, geo-thermal energy, smart-grid technology, windmills, carbon accounting, "cash for caulkers", "cash for clunkers", the Copenhagen Agreement, carbon footprints, AGW, hydrogen-fuel technology, plug-in cars, hope, faith, corn-ethanol fuel, algae, mining frozen-methane deposits, super-conductors, E-85, supply-side economics, New-Era thinking, "deficits don't count", "healthy inflation", quanitative-easing, derivative markets, de-regulation, "dark markets", bio-fuels, "sustainable development", Post-fossil Fuel Era, "habitat protection", TARP, ZIRP, tidal power, etc. :rolleyes::rolleyes:

And of course TALF, son of TARP.

[shiny!]

Re: My last post

Mega, your posts are always the first thing I look for whenever I come to this forum. You can't please everybody, but you have a lot of friends here. I'm sending you a cyber pat on the back.

[metalman]

Re: My last post

Go in peace, Sapiens.

are mega & sapiens are one and the same?

[ThePythonicCow]

Re: My last post

are mega & sapiens are one and the same?

Not if word count per post is any indicator .

[Alvaro Spain]

Re: My last post

Why do I get the feeling that the hedgies and prop desks are long $/short Euro and everybody from Maria on CNBC to the European press and the credit rating agencies is doing their part to make sure the trade works?

Moody's 'axe blow' to rating on Spanish debts

Published: 6:05AM GMT 18 Dec 2009

The debt crisis sweeping southern Europe has deepened after US credit-rating agency Moody's downgraded €112bn (£100m) of Spanish mortgage debt and slashed the ratings of Catalunia and a raft of regions with ballooning state deficits.

I don't doubt that in Spain we have important economic problems. At least, we should have them. Nevertheless, if you'd read our national press, what you would find is a smaller news piece reporting that Moodys has downgraded our debt and a much bigger piece reporting that our president thinks that Moodys is not a credible source, because, among other things, they thought that subprime mortgages were AAA, etc.

The control over our information is huge. I live in Madrid and can say that people in my town are, generally speaking, not worried about the future. They don't doubt that everything is going to be like before.

Alvaro