What can you say-So many want to argue and oil surplus is a good thing for the $USD –
I’ve made plenty shorting the Dollar lately- A surplus according to OPEC is now a super Surplus and a watered down Petro Dollar ($USD) makes me think a pretty little empire is falling-
“With a fascist the problem is never how best to present the truth to the public but how best to use the news to deceive the public into giving the fascist and his group more money or more power.”
Because unceasingly we are bombarded with pseudo-realities manufactured by very sophisticated people using very sophisticated electronic mechanisms. I do not distrust their motives; I distrust their power. They have a lot of it. And it is an astonishing power: that of creating whole universes, universes of the mind. I ought to know. I do the same thing.”
SHORT Capital Spending (Q3) 5.5%
Capital Spending released by the Ministry of Finance Japan measures change in the total value of capital expenditures by enterprises. It is considered as an early indicator of economic health in Japan. A high reading is seen as positive or bullish for the JPY, while a low reading is seen as negative or bearish.
“It looks too early for the ECB to take a final decision and we expect no sovereign QE announcement at the 4 December meeting-”
A loosening of TLTRO conditions would suggest that the ECB’s strategy remains mostly focused on credit easing-
“ECB Executive Board member has said this weekend that she saw little room for further easing of monetary policy despite a further fall in Eurozone inflation” $EUR/USD capitulation will need to be USD-led
- Mario Draghi, president of the European Central Bank, seems to be in no hurry to implement a policy of quantitative easing. He doesn’t seem to have much optimism that it will work.
- Mr. Draghi is more set in urging other members of the eurozone to create a fiscal union, stating that it would do more to combat fears of monetary union breaking up
Germany, the largest economy in the eurozone, only has an unemployment rate of 4.9 percent
As always the trend isn’t your friend-Watch your charts! This thing is Oversold……
Its XMAS! It starts NOW!
I’m doing a charity thing for the Holidays-I could use your help-Basically it’s not just kids-It’s for families…..I personally have bigger long term plans for this ‘idea’-But I’d like to try now, I’d like to see the response from social networks-YES Toys will be bought, however fuck it! Depending on the response, maybe we can pay for a Single mother to get her ‘cosmetic cert’ for $2k also……so she‘s not busting her ass for $10 an hour anymore, she wont need ‘Gov. Aid’ -Or one month car payment so she can get caught up…….Or gifts for Children that have watched their parents suffer from illness-
It’s investing in society-There are a lot of us here-
Not just handing Toys for Tots a check-or buying a toy for a name on a tree at the mall…..
Its simple. Its giving to kids that haven’t had an easy childhood so far-For one day, they shouldn’t feel shame because of a system out of their control-
They deserve some human dignity-and WE can do it.
I have PayPal set up under my email Philly.Elly@yahoo.com (Don’t forget the ‘Dot’ after Philly)
I also have ‘WePay’ under the same email-
Donating Gift cards also works…..I have also set up a GoFundMe