Investment Talk

[joekia]

Maybe they can secretly print more money?

I dunno.... How soon do you think it will be before the dollar hegemony goes?

 

Then buy HP... For all you know they use HP printer to print money hahaha

[CMYRS]

Maybe they can secretly print more money?

I dunno.... How soon do you think it will be before the dollar hegemony goes?

 

Actually, if everything is just a simple economic model ignoring a few variables, it is possible.

 

Printing of more money would decrease the value of that currency.

Dats y the printing has to be done in secret.

 

After the printing, next comes the distribution bit, usually thru govt financial instruments, but then the public would be aware of this.

 

Then interest rates will have to go up to maintain demand for the dollar or the downward spiral begins.

 

So Plan B would be Obama, Bernanke and Geithner scooting down chimneys of remaining homes, yet to be repossed.

 

http://www.foreclosurelistingsnationwide.com

[DeusExMachina]

Why the constant interest in GM?? Finally ST eng is moving alittle..

 

2 things I guess.

 

- Stocks that have hit bottom have only one way to go (if they don't tank completely)

- The "phoenix" effect that Throttle mentioned.

[Throttle]

in case you guys dont know, basically no real money is physically printed when money supply is increased.....

 

the only type of secret printing will be counterfeit......

Edited June 24, 2009 by Throttle

[Throttle]

 

Printing of more money would decrease the value of that currency.

Dats y the printing has to be done in secret.

 

After the printing, next comes the distribution bit, usually thru govt financial instruments, but then the public would be aware of this.

 

 

 

maybe i miss this out somewhere in my 15yrs of being in the markets as this is all very new to me, or perhaps i misinterpreted your words......care to explain a bit?

 

Money supply in the system is certainly not increased by physical printing of banknotes and then "distributing" it in the system.

[DeusExMachina]

maybe i miss this out somewhere in my 15yrs of being in the markets as this is all very new to me, or perhaps i misinterpreted your words......care to explain a bit?

 

Money supply in the system is certainly not increased by physical printing of banknotes and then "distributing" it in the system.

 

Chill.

 

We're just taking a crack at the USA.

[CMYRS]

maybe i miss this out somewhere in my 15yrs of being in the markets as this is all very new to me, or perhaps i misinterpreted your words......care to explain a bit?

 

Money supply in the system is certainly not increased by physical printing of banknotes and then "distributing" it in the system.

 

Chill.

 

We're just taking a crack at the USA.

 

 

Yes, we are just taking a pot shot at the current situation.

 

 

Basically when interest rates are positive, demand is raised by higher asset prices. But currently, i/r are zero bound and there are no wealth inducing effects from the open mkts. So, the central bank can "stimulate" the situation by by purchasing assets above mkt value, in exchange passing this "printed money" to the public.

[DeusExMachina]

Yes, we are just taking a pot shot at the current situation.

 

 

Genting on, if it's 3D2N. I hate travelling any type of distance only to reach in the afternoon and leave the next morning. Hehe... I wanna stretch a bit.

 

Who knows, try their fake snow and maybe that damned skydiving thingamabob....

 

How? on?

[CMYRS]

 

Genting on, if it's 3D2N. I hate travelling any type of distance only to reach in the afternoon and leave the next morning. Hehe... I wanna stretch a bit.

 

Who knows, try their fake snow and maybe that damned skydiving thingamabob....

 

How? on?

 

 

Oh La La.

3D2N is fine with me but I will have to let the others know.

The coach fellows.

 

Get back to u shortly.

[Throttle]

Yes, we are just taking a pot shot at the current situation.

 

 

 

If taking pot shot, fair enough. anything goes.

otherwise....

 

enjoy the Genting trip.

 

by the way, I have a couple of oil trading friends....

all doing very well, all middle eastern heritage

[CMYRS]

If taking pot shot, fair enough. anything goes.

otherwise....

 

enjoy the Genting trip.

 

by the way, I have a couple of oil trading friends....

all doing very well, all middle eastern heritage

 

 

Yup Yup, sorry to mislead, but all this stress & seriousness on the job will get to u if one dont have a laugh at the facts once in a while. u know what Im getting at right?

 

 

middle easterns with contacts trading physical usually always do well

[DeusExMachina]

 

by the way, I have a couple of oil trading friends....

all doing very well, all middle eastern heritage

 

Dang towelheads. They got the oil while the others got the sand.

Moses should have made a left turn after he parted the Red Sea.

 

 

Anyway my friend is happy too with the recent rise in oil prices. He's in the oil bunkering/trading business. Bast@rd made a sh1tload of $$ in commissions last year when oil was sky high. Hoarded fuel oil at the start of the rise and sold quite a lot when it peaked.

 

Hey CMY, what's it take to get into the oil trading biz man?

[CMYRS]

Dang towelheads. They got the oil while the others got the sand.

Moses should have made a left turn after he parted the Red Sea.

 

 

Anyway my friend is happy too with the recent rise in oil prices. He's in the oil bunkering/trading business. Bast@rd made a sh1tload of $$ in commissions last year when oil was sky high.

 

Hey CMY, what's it take to get into the oil trading biz man?

 

 

Yea, regardless up or down, u can make heaps, u just need the price to move and be going in the right direction too! sounds easy but it can turn nasty. very nasty.

 

well, its a pretty tight cycle but it helps if u have got the basics.

like a business/economics/finance degree with specialisations in macro/micro econs, statistics or applied finance.

 

the next better requirement would be contacts who will rope u in.

once u have a proven track record, u will be headhunted, everybody will be seeking your services and u can then ask for indecent amts of basic and commission.

 

OR

 

if u have a sizeable amt of spare greenbacks, u can DIY.

100% pure comm is just so tempting.

make 10-20k USD per hour and u can call it a day and continue tmrw nite.

work anywhere ard the world, just wake up to trade NY hours.

u call the shots.

nobody tells u what to do, u do what u want, whenever.

 

of course, the downside is that u bear all risks.

any open positions in 24/48hrs can wipe 6 figures off yr capital if there is a major turnaround.

 

no risk no gain right?

[Throttle]

actually any trading job is like that.

take a position, it goes your way, you hit home base.

move against you, your P/L take a hit.

the bigger your book, the more you can hit and be hit.

take too many hits and you're gone.

 

It's a job to make the most while you're young and while you can.

Most of the traders are millionaires by their 30s.

Had cigars with a couple of these japanese old timers from Marubeni, a while ago

Real jokers. fun chaps.

[Throttle]

 

middle easterns with contacts trading physical usually always do well

 

 

yes , thats the natural advantage they have.

[CMYRS]

actually any trading job is like that.

take a position, it goes your way, you hit home base.

move against you, your P/L take a hit.

the bigger your book, the more you can hit and be hit.

take too many hits and you're gone.

 

It's a job to make the most while you're young and while you can.

Most of the traders are millionaires by their 30s.

Had cigars with a couple of these japanese old timers from Marubeni, a while ago

Real jokers. fun chaps.

 

 

EXACTLY.

 

 

better strike while the iron is hot.

one day when oil runs dry, tks to millions of barrels sucked out of the earth everyday, i'll be out of a job.

[joekia]

EXACTLY.

 

 

better strike while the iron is hot.

one day when oil runs dry, tks to millions of barrels sucked out of the earth everyday, i'll be out of a job.

 

Thing is, Will it ever run dry? I always had this idea that they want us to think that it'll run dry sooner than we all realise..

[joekia]

actually any trading job is like that.

take a position, it goes your way, you hit home base.

move against you, your P/L take a hit.

the bigger your book, the more you can hit and be hit.

take too many hits and you're gone.

 

It's a job to make the most while you're young and while you can.

Most of the traders are millionaires by their 30s.

Had cigars with a couple of these japanese old timers from Marubeni, a while ago

Real jokers. fun chaps.

 

 

Thin line between a gambler and trader ain't it?

[CMYRS]

Thing is, Will it ever run dry? I always had this idea that they want us to think that it'll run dry sooner than we all realise..

 

it will.

just maybe and hopefully not in my lifetime.

 

I cannot imagine an electric pwred r1.

[DeusExMachina]

EXACTLY.

 

 

better strike while the iron is hot.

one day when oil runs dry, tks to millions of barrels sucked out of the earth everyday, i'll be out of a job.

 

Thing is, Will it ever run dry? I always had this idea that they want us to think that it'll run dry sooner than we all realise..

 

 

Oil running dry is not technically no more oil left on Earth per se. It would just be more scarce, harder to find, and may be unreachable in some places (like under deep ocean seabeds)

 

But the end result is still the same from an economical perspective. BOOM. Meltdown.

[CMYRS]

Cathay, Air China, SIA can take some solace from the 43% surge in price of jet fuel this yr, losses to be curbed from their hedges.

 

among other oily news, china has palns to increase strategic crude oil reserves by 160% to 270 million barrels in the next 5yrs.

 

Iraq, holder of the world's 3rd largest crude reserve is set to receive offers to develop oil & nat. gas fields tmrw as its 1st licensing round in more than 3 decades.

 

the avg price of reg. gasoline at US stations is little changed at $2.6613 a gallon as demand dropped & supplies rose to the highest in 5mths this yr.

 

OAO Gazprom Neft, the oil arm of Russia's largest co., acquired a 50% stake in Bennfield Ltd, the biggest shareholder of Sibir Energy Plc.

[Throttle]

took profit $1200 on CDL hosp today after holding 1 month.

Went into a penny play Dayen Env.

[Throttle]

Took profit on singtel after 2 weeks. only $630

 

Property counters crack due to possible new regulations to curb speculations.

cool...

[joekia]

Property rebound due to gov coming out to clarify! Fortune favors the brave! How fast the tides turns!

[Throttle]

now down at 1.50... what a friday...

 

kmax, M1 is 1.58.....heh heh