By: new_me@y7mail.com
55 minutes ago Yahoo! Profile:
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Ron Paul wins a key battle in war to open Fed's books
November 19, 2009 | 5:42 pm
Rep. Ron Paul, the Texas Republican who is perhaps the Federal Reserve's most implacable enemy, scored a big win Thursday on Capitol Hill: The House Financial Services Committee approved adding to a financial-system reform bill Paul's provision to begin federal reviews of the central bank's operations, including its interest-rate decisions.
The vote on the audit provision amendment was 43-26.
Paul has for years asserted that the Fed, which by design is independent of the federal government, was corrupt and that its monetary policy would drive America to ruin by debasing the dollar.
He has sought to abolish the Fed entirely, but because that almost certainly would never fly in Congress, Paul has worked for Plan B: He wants the Government Accountability Office to have full power to audit the central bank's operations -- a measure the Fed bitterly opposes.
"If we get the audit and get the books open, make them answer the questions, I am convinced that the American people will be so outraged that then we will have reform of the monetary system," Paul has said. |
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By: new_me@y7mail.com
Today (12:36 am) Yahoo! Profile:
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If you bothered to read what Chris said you would not make another fool of yourself. You seem to revel in doing this.
His comment had nothing to do with the absurd statement of professor.inglis and myself being the one person.
He has already said and rightfully so, he does not believe this ridiculous claim of yours.
I was a bit surprised he did not side with you but with such a stupid thing you said, apart from sushishiit who probably is a dummy, he had no intention of making himself look stupid by agreeing with you idiots. |
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By: jacko654
Yesterday (8:03 pm) Yahoo! Profile:
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| Chris = you're right its not a professor. Your chatting to everyone's favorite conspiracy freak. |
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By: chris_1991_h
Yesterday (5:36 pm) Yahoo! Profile:
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| ah stuff it, i'm going out on a limb here. You are not a professor of anything to do with the share market - or at least you shouldn't be. I doubt very much you are a professor at all, most professors have some intelligent qualities. My opinoin only. LOL. |
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By: chris_1991_h
Yesterday (5:34 pm) Yahoo! Profile:
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| professor - currencies are inter-related. Do you not understand anything? it's a bit like your comments that the gold price was down in all currencies except one. You really need to learn a bit more. Please ask one of your students to explain some things to you |
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By: professor.inglis
2 days ago (Thursday, 7:28 pm) Yahoo! Profile:
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| Still holding stocks??? haha?? |
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By: professor.inglis
2 days ago (Thursday, 7:26 pm) Yahoo! Profile:
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Denmark 5?
http://research.stlouisfed.org/fred2/series/DEXDNU S |
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By: professor.inglis
2 days ago (Thursday, 7:25 pm) Yahoo! Profile:
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Switzerland..maybe maybe not:
http://research.stlouisfed.org/fred2/series/DEXSZU S |
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By: professor.inglis
2 days ago (Thursday, 7:22 pm) Yahoo! Profile:
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Venezuela, too, now
http://research.stlouisfed.org/fred2/series/DEXVZU S |
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By: professor.inglis
2 days ago (Thursday, 7:21 pm) Yahoo! Profile:
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Norway= 5?:
http://research.stlouisfed.org/fred2/series/DEXNOU S |
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By: professor.inglis
2 days ago (Thursday, 7:19 pm) Yahoo! Profile:
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Take a look --really close in J a p a n = 80 or so:
http://research.stlouisfed.org/fred2/series/DEXJPU S |
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By: professor.inglis
2 days ago (Thursday, 7:17 pm) Yahoo! Profile:
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DEXJPUS *** an / U.S. Foreign Exchange Rate 1971-01-04 2009-11-13 D *** anese Yen to 1 U.S. $ NA 2009-11-17
DEXNOUS Norway / U.S. Foreign Exchange Rate 1971-01-04 2009-11-13 D Norwegian Kroner to 1 U.S. $ NA 2009-11-17
DEXVZUS Venezuela / U.S. Foreign Exchange Rate 1995-01-02 2009-11-13 D Venezuelan Bolivares to 1 U.S. $ NA 2009-11-17
DEXSLUS Sri Lanka / U.S. Foreign Exchange Rate 1973-01-02 2009-11-13 D Sri Lankan Rupees to 1 U.S. $ NA 2009-11-17
DEXTAUS Taiwan / U.S. Foreign Exchange Rate 1983-10-03 2009-11-13 D New Taiwan $ to 1 U.S. $ NA 2009-11-17
DEXSZUS Switzerland / U.S. Foreign Exchange Rate 1971-01-04 2009-11-13 D Swiss Francs to 1 U.S. $ NA 2009-11-17
DEXDNUS Denmark / U.S. Foreign Exchange Rate 1971-01-04 2009-11-13 D D *** h Kroner to 1 U.S. $ NA 2009-11-17
DEXUSAL U.S. / Australia Foreign Exchange Rate 1971-01-04 2009-11-13 D U.S. $ to 1 Australian $ NA 2009-11-17
DEXCAUS Canada / U.S. Foreign Exchange Rate 1971-01-04 2009-11-13 D Canadian $ to 1 U.S. $ NA 2009-11-17
DEXTHUS Thailand / U.S. Foreign Exchange Rate 1981-01-02 2009-11-13 D Thai Baht to 1 U.S. $ NA 2009-11-17
DEXSDUS Sweden / U.S. Foreign Exchange Rate 1971-01-04 2009-11-13 D Swedish Kronor to 1 U.S. $ NA 2009-11-17
DEXHKUS Hong Kong / U.S. Foreign Exchange Rate 1981-01-02 2009-11-13 D Hong Kong $ to 1 U.S. $ NA 2009-11-17
DEXUSEU U.S. / Euro Foreign Exchange Rate 1999-01-04 2009-11-13 D U.S. $ to 1 Euro NA 2009-11-17
DEXMAUS Malaysia / U.S. Foreign Exchange Rate 1971-01-04 2009-11-13 D Malaysian Ringgit to 1 U.S. $ NA 2009-11-17
DEXINUS India / U.S. Foreign Exchange Rate 1973-01-02 2009-11-13 D Indian Rupees to 1 U.S. $ NA 2009-11-17
DEXSFUS South Africa / U.S. Foreign Exchange Rate 1971-01-04 2009-11-13 D South African Rand to 1 U.S. $ NA 2009-11-17
DEXMXUS Mexico / U.S. Foreign Exchange Rate 1993-11-08 2009-11-13 D Mexican New Pesos to 1 U.S. $ NA 2009-11-17
DEXBZUS Brazil / U.S. Foreign Exchange Rat |
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By: professor.inglis
2 days ago (Thursday, 7:15 pm) Yahoo! Profile:
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| At what prices will currency interventions start please? |
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By: professor.inglis
3 days ago (Wednesday, 6:35 pm) Yahoo! Profile:
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| Any predictions for the USD and currency interventions PLEASE!!?? |
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By: righteousjean
4 days ago (Tuesday, 5:08 pm) Yahoo! Profile:
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| Indeed he did. Bruce bet Jason $3.5K that the market wouldn't rally in March - he still hasn't paid up. All piss and wind is out buddy Broose! |
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By: karlyenti
4 days ago (Tuesday, 4:58 pm) Yahoo! Profile:
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"Most investors herd"
I believe brukevlay did that in March when he said the market wouldn't rally. It has rallied hard. |
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By: new_me@y7mail.com
4 days ago (Tuesday, 4:55 pm) Yahoo! Profile:
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"Most investors herd"
They are called the sheeple people.
Stockmarket down usually means USD up
USD up usually means gold down
but USD up and stock market down doesn't have to mean gold down.
Stockmarket down usually means gold up.
I agree with most of the other things you said but the gold bull has a long way still to run.
It's not going to let a silly little thing like the USD which many countries hate, bully the big bull or it will get a horn right where it's mother never kissed it. |
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By: mentawaisurf
4 days ago (Tuesday, 4:08 pm) Yahoo! Profile:
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Most investors herd, even the smart ones, which is why optimism is typically at extreme near markets highs (like now) and pessimism at extreme near market lows (like back in March). Sentiment is a much misunderstood yet crucial element in making investment decisions based on market timing. For example, currently virtually everyone is pessimistic about the USD while the opposite is true of stocks, commodities and especially gold (gold fever is evident everywhere you look, even our Fin Review had gold as its cover story on the w/end).
Technical analysis aside, on sentiment alone there is a strong case that we are near a bottom in the USD and, therefore, a top in stocks, commodities, precious metals, oil, real estate and generally all assets that rallied so strongly due to global liquidity flows and the mother-of-all carry trades (an inverse relationship to the USD). The key market reversal is looming. |
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By: professor.inglis
5 days ago (Monday, 7:28 pm) Yahoo! Profile:
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Gold appears to be up in nearly every currency??
http://www.goldprice.org/gold-price.html |
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By: new_me@y7mail.com
5 days ago (Monday, 7:28 pm) Yahoo! Profile:
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| You are very polite, professor. How on earth do any of these fools think we are the same person. |
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By: professor.inglis
5 days ago (Monday, 7:26 pm) Yahoo! Profile:
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| Whats the USD doing please? |
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By: professor.inglis
5 days ago (Monday, 7:23 pm) Yahoo! Profile:
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RE: "I don't dislike fundamentals. In fact I try to learn about the important ones but TA is what I base my belief on. Fibonacci numbers and resistance lines are around on the US markets right about now."
The important ones are so you cannot regret any mistakes using TA etc. Program Trading is devaluing the value of good fundamentals and TA and good management unfortunately. |
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By: professor.inglis
5 days ago (Monday, 7:20 pm) Yahoo! Profile:
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| Whats the USD doing now please? |
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By: new_me@y7mail.com
5 days ago (Monday, 2:45 pm) Yahoo! Profile:
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| I don't dislike fundamentals. In fact I try to learn about the important ones but TA is what I base my belief on. Fibonacci numbers and resistance lines are around on the US markets right about now. |
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By: mentawaisurf
5 days ago (Monday, 2:39 pm) Yahoo! Profile:
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| You may be proven correct over coming weeks. This key market reversal will stem the flow of liquidity that is driving all markets world-wide (from stocks to commodities to precious metals to oil to real estate etc). |
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