World economy talk

[uls]

While the current PM Naoto Kan promising half of that (releasing the funds bit by bit) and slashing public works to eliminate waste. actually daming highways and flyovers dito that leads to nowhere, dams where there shouldn't be. Product of the previous bubble economy, walang mapaglagyan ng pera.

actually product after bubble economy. Govt spending had to replace the deflating asset price bubble. The govt had to be the inflator in the midst of wealth destruction. After years of govt spending, they're still unsuccessful in beating back deflation. It just keeps coming back

http://www.bloomberg.com/apps/quote?ticker=JCPNEFEY:IND

Japan CPI


good luck on the new stimulus

[uls]

[leonleon]

Moody's or Dagong? USA or China? Which is more credible?

http://www.dagongcredit.com/dagongwe...0in%202010.pdf

From the article:

[safeorigin]

it's obvious

[uls]

they downgraded the US, UK, Germany, Japan, Korea and upgraded China

hehe

[tidus1203]

Remember it was Moody's who told us that MORTGAGE BACK SECURITIES are AAA cause the upper tranches were safe and they didn't consider the sub-prime side...

Sa DAGONG ako! China is more trustworthy of lending than the US. Do you want to lend to someone who has a stockpile of savings or to someone who uses debt to spend and borrows again to pay old debt?

[safeorigin]

yeah, moody's upgraded us months ago.

[uls]

Moody’s rates the Phils. Ba3

S&P rates the Phils. BB-

Phil. bonds are below investment grade

actually 3 levels below investment grade

[safeorigin]

hmmm... apparently China is encouraging its citizens to buy silver...

[uls]

i don't get silver

it's too bulky

price of gold around $1,250/oz

price if silver around $20/oz

1 lb of gold = $20,000

1 lb of silver = $320

if you have $20,000 to invest, you can buy 1 lb. of physical gold or 62.5 lbs of physical silver

it's much easier to store the gold

[tidus1203]

But then again Silver has a higher chance of gaining returns. While gold in nominal terms is near all time highs, silver is very far from its all time highs...

[uls]

ya

i'd trade paper silver

but not hoard the physical

[uls]

NYMEX crude

[tidus1203]

Hahaha we get a rollback and now we get price hikes... Its like a yo-yo... Tapos pag abot sa $82 area benta nanaman yan...

[uls]

it's risk on today

--

US investor sentiment has turned positive

week of Sept 10


week of Aug 27

[uls]

if positive US investor sentiment is maintained, money is gonna flow back into US stocks and commodities

money that's now in fixed income, EM equities

[Monseratto]

BULL MARKET: A random market movement causing an investor to mistake himself for a financial genius.

BROKER: The person you trust to help you make major financial decisions. Please note the first five letters of this word spell "Broke."

[uls]

AUD/USD

[uls]

10 yr yield rising

[tidus1203]

AUD/USD

Key level there is 0.96... That was the high prior to the huge USD rally in 2008...