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Toto deVeer

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Everything posted by Toto deVeer

  1. And yet gold hit all time highs, in all major currencies, twice today... Uhh..firestation syndrome?
  2. Oh I agree 99.9% about the site. But it's the other 0.1% that bothers me... Actually, it is logical for Germany to withdraw form the Euro at some point. If they stay, I don't see how the Euro can survive...too much political stress and strain.
  3. You'd be surprised how many of the 'silly rumours' on that site come true. A few days ago, I saw a post from a young girl who said she was from LA and her mother was on a 2-year assignment in Australia for a reality TV show. She said she was going to sell her virginity for $1,000,000. Sounds crazy? Here's the thread (May 9th) http://www.godlikeproductions.com/forum1/message1060744/pg1 Here's the news (May 10th): http://www.telegraph.co.uk/news/worldnews/australiaandthepacific/australia/7704737/Anger-over-reality-television-virgin-auction.html I could not find any news on this before the 10th May, so I have to assume that the post was genuine, and valid information.
  4. I'm not so sure. Would make the Euro much weaker but could strengthen the EU in fiscal terms... $1.00-0.85 Euro would really help the PIIGS nations and France. That's difficult to do with Germany and some other northern economies in the mix.
  5. Don't forget that in the aftermath of WW2, Germany led the world in free market philosophy, removing price controls, reducing taxes and completely opening markets. Among the major reasons for the German economic miracle... Germany became more free market than the USA was; ahead of the USA in that regard by decades. This sort of thing would not be beyond their scope...
  6. God knows how this would be done. But the very suggestion of it is quite frightening. But everyone seems to think that is would be difficult to do. I think not. Rumour mill says they have been producing DM since October 2009. Whereas the Euro was a major international introduction, the DM could be used for internal purposes initially, pegged to the Euro, with a gradual release of the peg going forward. Not so difficult.
  7. Is this a rumour? Important announcement on Friday.... http://www.zerohedge.com/article/guest-post-new-kitco-dem-page-lets-rumors-about-germany-abandoning-euro-fly German politician "Gysi did not say that Germany will reintroduce the Mark but made a curiosity-inspiring statement, saying that there may be some very important news that will be announced on Friday." Growing legs...
  8. Whoops folks! Looks like Zerohedge.com has picked up on this subject too....also as a catalyst for gold? http://www.zerohedge.com/article/guest-post-new-kitco-dem-page-lets-rumors-about-germany-abandoning-euro-fly
  9. Not all bankers are evil, just some of them, particularly some who run the TBTFs. Most bankers, in my experience, are honest, hard working folks. It's good that Cameron comes from this background, since Labour has bequeathed a few banks for the British taxpayer. And I don't really see what difference it makes that Clegg's dad was a broker. That could turn out to be a positive as well.
  10. I'm speechless. What an impressive and powerful document! Let's hope they can do it.
  11. Normally I would agree, but there are instances when care needs to be taken...there's a big difference between a 5 point drop, per se, and a blast right through all time highs in all currencies like a hot knife through soft butter...
  12. Hahaha... You mean 'Torys and LibDems living together and so forth'....
  13. If that is the case, he certainly is good at it. But I guess the best rumour is one that is very near the truth. Wouldn't surprise me if this happens though, maybe it will be the price to get Germany to participate in the Euro bailout...
  14. Listening to this: http://www.zerohedge.com/article/jim-rickards-goldman-can-create-shorts-faster-europe-can-print-money Suggests that people buy German products, not because they are cheap, but because they are of value... Check 3:20 'If cheapening your currency was the way to prosperity, where did Zimbabwe go wrong?' - Jim Rickards. Therefore DM is a possibility...bottom line: The Germans overwhelmingly want it...
  15. Hey normally I would agree with you but this move today is not noise, something has changed....
  16. Not saying they are reliable, just rumours: In German: http://de.news.yahoo.com/blogs/allgemein/renaissance-der-d-mark-p74109.html?subpage=7 http://www.freie-allgemeine.de/artikel/news/finanz-experte-bundesbank-druckt-bereits-neue-d-mark/ Others (3 or 4 threads) http://www.godlikeproductions.com/forum1/message1062655/pg1 Here's another article for consideration: http://www.financialsense.com/fsu/editorials/amerman/2010/0419.html
  17. Would this also explain why the French banks are taking such strong short positions against the Euro? Insider trading?
  18. German DeutschMark. Germans (some claiming to be with banks) are flooding forums with indications that Germany will move to a position like the UK. Re-introduce DM but remain a member of the EU. This would explain the record moves in gold. Rumour started yesterday, best I can tell. Mods: Poor sever response when starting thread; sorry for duplicate, please merge the two threads.
  19. There are strong rumours circulating that the DM is being reintroduced this month, meanwhile gold rockets. Why is Kitco re-introducing DM quotes? http://www.kitco.com/market/dm_charts.html Any truth to this?
  20. Or even better a balance the budget amendment that would require auditing the Fed and would block the implementation of ObamaCare at the same time...true fiscal and monetary integration... But that's just too optimistic, perhaps...
  21. I'm thinking that they tried to ramrod it too soon. If they can bring it back before the end of this year or early next year it may pass. Should be made a campaign issue for the November elections...to create greater awareness amongst voters... [Edit:] Use the old Edward Bernays technique...the 'tie in'...tie the Audit the Fed to the ObamaCare bill...make the two one and the same (they really are, when you think about it)...
  22. http://www.zerohedge.com/article/senators-once-again-show-they-only-work-fed-and-wall-street-vote-vitter-amendment-down-62-37 From Zerohedge: "Even as the toothless Sanders amendment passes unanimously and with the full endorsement of Chris Dodd (all you need to know) the Vitter amendment is voted down 62-37. In the meantime, America still pretends it is not a bankster-controlled despotic regime, in which the wealth of the middle class is funneled every day into the Wall Street/Propaganda ponzi. We will provide the rollcall and names of all financially secure for life, pardon, nay voters shortly." They voted too soon on this one...should have waited until after the November election. Will it be put forward again?
  23. Dunno about that. My crystal ball sees a Germany-Russia-Central Asia-China land bridge economic powerhouse...
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