Clipmarks | AcesLucky's 'currency' clips

Dollar loses ground as oil set to rise

Thu, 19 Jun 2008 15:21:16 GMT

clipped by: AcesLucky
clipper's remarks: Time to open up the reserves. Is anyone in congress listening?

FRANKFURT, Germany (Associated Press) -- The dollar fell against the euro Thursday as oil prices looked set to rise on reports of a Nigerian oil field attack.

Olav Ljosne, a spokesman for Royal Dutch Shell confirmed an attack, but gave no details. He said production had been stopped from the field, which normally produces about 200,000 barrels of crude per day.

The British pound rose to $1.9622 from $1.9569, while the dollar slipped to 107.50 Japanese yen from 107.99 yen in New York late Wednesday.

Tags: forex, oil, dollar, pound, currency

From Financial Sense University

Fri, 07 Mar 2008 21:31:54 GMT

clipped by: AcesLucky
clipper's remarks: The fiat money system on verge of collapse? Compare with gold.

Clip Source: www.financialsense.com

To their credit or shame - depending on one’s perspective, they have successfully staved off this permanently imminent and exponentially growing deflation for more than 30-years running. The monster in which they’ve been so accustomed to taming – has apparently taken on such gargantuan proportion that it is now becoming acutely unmanageable. The seeds of hyperinflation are slowly taking root, and may soon begin to expose themselves to the populace, and spread unabated. Unless our monetary and political stewards begin taking immediate steps toward fostering the adoption of a sustainable, pro-active, fiscally sound and transparent set of practical transitional protocols to construct a NEW sustainable system of money and credit – the current generation will no doubt, be bearing witness in their lifetimes, to an epic paradigm shift reaching critical mass – resulting in a 21st Century revolution to abolish and supplant the present fiat-currency system of money and credit.

Tags: money, finance, politics, economics, economy, fiat money, gold, investment, currency

Dollar Sinks Against Euro

Thu, 13 Sep 2007 02:08:57 GMT

clipped by: AcesLucky
clipper's remarks: Major Fed rate cut? Watch for Sept. 18, 2007 -- or before!

Clip Source: www.forbes.com

Dollar Sinks Against Euro

The euro got a boost and zipped up to a new all time high on Wednesday, as expectations that the Federal Reserve will cut interest rates mounted. Given that the European Central Bank is still expected to raise interest rates, unlike its U.S. and British counterparts, the euro likely will continue to rise and could even break through the $1.40 barrier before the end of the year.

The euro was trading at $1.3878 in morning trading in Europe on Wednesday, beating its previous all time record of $1.3852, reached in July. It closed at $1.3841 the day before.

However, he added that the euro was gaining some independent strength, as the European Central Bank is still expected to raise its key interest rate by the end of the year to 4.25% from 4.0% currently. The Bank of England, which has hiked its corresponding interest rate five times in the past year, is now expected to maintain its 5.75% level.

Tags: forex, currency, dollar, euro

Religious quotes of people on (U.S.) money.

Mon, 30 Jul 2007 18:50:42 GMT

clipped by: AcesLucky
clipper's remarks: In God We Trust -- added [ in error ] to U.S. currency in 1957. Even the people ON the currency didn't agree with theocracy but wanted separation of church and state. This country was NOT founded on any Christian or god principle. That's why our Constitution begins "We the people..."

Clip Source: non-religious.com

Religious quotes of people on money: In God We Trust?

"... Religion is all bunk..." - Thomas Alva Edison.

"I have examined all the known superstitions of the word, and I do not find in our particular superstition of Christianity one redeeming feature. They are all alike founded on fables and mythology. Millions of innocent men, women and children, since the introduction of Christianity, have been burnt, tortured, fined and imprisoned. What has been the effect of this coercion? To make one half the world fools and the other half hypocrites; to support roguery and error all over the earth." - Thomas Jefferson, letter to William Short, 1801.

"Leave the matter of religion to the family altar, the church and the private school supported entirely by private contributions. Keep the church and state forever separate." - Ulysses S. Grant.

"The way to see by faith is to shut the eye of reason." - Benjamin Franklin.

Tags: atheism, bible, christianity, god, religion, superstition, theology

To Impliment the Amero -- Kill the U.S. Dollar.

Wed, 11 Jul 2007 04:32:28 GMT

clipped by: AcesLucky
clipper's remarks: Bush plan to kill the dollar by American debt. Enter the Amero.

Clip Source: www.worldnetdaily.com

THE NEW WORLD DISORDER

Analysts: Dollar collapse
would result in 'amero'

Think deep recession likely
regardless of Fed's actions

Two analysts who have reconstructed money supply data after the Fed stopped publishing it argue a coming dollar collapse will set the stage for creating the amero as a North American currency to replace the dollar.

The reconstructed M3 data – the broadest measure of money – published on econometrician Gary Kuever's website, NowAndFutures.com, shows M3 increased at a rate of 11 percent in May, compared to 9 percent when the Federal Reserve quit publishing M3 data earlier this year.

Asked why the Fed decided to stop publishing M3 data, Kuever told WND, "The Fed probably wants to hide how much liquidity is being pumped into the market, and I expect the trend to keep pumping liquidity into the market will continue, especially since the economy is slowing down."

A dollar collapse is imminent, Chapman declared.

Tags: amero, bush, cheney, currency, north american union

Toward a North American Union

Wed, 11 Jul 2007 04:14:03 GMT

clipped by: AcesLucky
clipper's remarks: All behind our backs! Thanks Bush. Thanks Cheney. Your kingdom for a peso.

Clip Source: www.augustreview.com

The global elite, through the direct operations of President George Bush and his Administration, are creating a North American Union that will combine Canada, Mexico and the U.S. into a superstate called the North American Union. There is no legislation or Congressional oversight, much less public support, for this massive restructuring of the U.S. It's primary perpetrators are mostly members of the Trilateral Commission, founded in 1973 to foster a "New International Economic Order."

MUST SEE VIDEO: Canadian political party rejects North American Union
MUST SEE VIDEO: AIM Editor Cliff Kincaid on Lou Dobbs/CNN
MUST SEE VIDEO: CNN Fight against North American Union
See Lou Dobbs on North American Union Orwellian Brave New World!
See Arizona State University teaching curriculum Building North America

Tags: amero, bush, cheney, currency, north american union

A New Currency, A New North America -- The Amero

Wed, 11 Jul 2007 04:10:38 GMT

clipped by: AcesLucky
clipper's remarks: No more America as we know it. A super state of the U.S. Canada, and Mexico.

Clip Source: www.youtube.com

[Video]

Lou Dobbs: North American Union Orwellian Brave New World

Tags: bush, cheney, amero, currency, north american union

Forex Trading - Stop Hunting - What to do About it

Wed, 11 Apr 2007 16:12:56 GMT

clipped by: AcesLucky
clipper's remarks: More on "stop hunting" and FREE download!

Clip Source: ezinearticles.com

Forex Trading - Stop Hunting - What To Do About It

It seems that traders have forgotten the most basic principle about stops. They should be placed where you think the market won't go!

Don't put them in the path of the market. Put them where they are hard to get at. Then if the market does find them, you know with certainty that the trade wouldn't work (you gave it plenty of opportunity).

The problem happens right here. Most traders can't afford to use wider stops. They can't afford to put them where the market most likely won't go. Now what?

Tags: forex, currency trading

Cognitive Biases related to FOREX trading

Sun, 08 Apr 2007 17:48:52 GMT

clipped by: AcesLucky
clipper's remarks: Plus a couple more...

Clip Source: healthbolt.net

Pseudocertainty effect - the tendency to make risk-averse choices if the expected outcome is positive, but make risk-seeking choices to avoid negative outcomes.

Status quo bias - the tendency for people to like things to stay relatively the same.

Zero-risk bias - preference for reducing a small risk to zero over a greater reduction in a larger risk.

Tags: forex, currency trading, investing