mp6140
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so ill add a little of my own, and using a little history for fun
at the end of WW2, europe and england lay in ruins, their infrastructures, manufacturing, economy and hopes destroyed for the time being. America, having had no measurable attacks on its infrastructure, although weakened by the monetary expenses of the war, stood as the only "first" world country that had not fought on its own homeland, and was now able to capitalize on this, its returning soldiers and thru this, cutting to the chase, created a booming economy, VERY strongly based on a somewhat capricious "cold war" stratagy, and its constant fight against Communism (which, btw, was ONE of the TWO feared "isms" of pre-war europe, but ill skip that for a moment)
After 50 some odd years, Europe had rebuilt itself into a strong marketplace and economy, which was to be expected, so while America achieved its economic greatness early on, Europe and Asia were slowly developing theres BACK to where it was pre war and in the normal course of events, ESPECIALLY since it is now one economic blok, should always be thought of as continuing upwards !
NOW, if one ventures a look at some charts along the lines of daily, weekly, monthly, yearly, and 5 yearly an interesting pattern presents itself --- the Euro, over MANY years had been "reasonably" flat although contained within a slight uptrend, and ONLY IN AUGUST OF 2007 DID IT BEGIN ITS PHENOMINAL CLIMB AGAINST THE POUND -- against the dollar, its growth from destroyed nations to strong economic force has been much more constant, showing in the longer range charts as climbing within a relatively narrow channel, with the usually almost clockwork predictable ups and downs of normal currency cycles and now showing a definite toppiness as compared to the dollar. Against the Pound, its has broken FAR out of the channel to the topside and foolish would be those who would think this shall continue unabaited, with no selloffs and resultant shorts to now pull it down for a while.
BECAUSE OF INFLATION, all currency charts AIM UP for the long haul, and have their usual downturns which is reasonably predictable on the charts, and usually waiting for a "spark" of news to alter thier direction when they are topped, and OFTEN anything will set it off --- Personally, I think we see the USD turn this summer, only because its summer, but "someone" will find the "reason" it turned but i will stick to "summer !"
Now, going a bit further, how many of you out there are aware of "the new world order", "the trilateral commission", and the "council on economic relations ?"
started by Cecil Rhodes (notice the name please) from the original "secret society" in england, it was based on the idea that if ALL countries shared in the wealth, no one would need the other countries property and land ---- notice that this is a VERY loose interpretation of what they wanted, but holds well into today where the tilaterals are the front organization for the present council, which grew out of the one started in WW1.
many interesting things exist with the council, not the least of which is that every american president since ww2 has been a member and that their aim in life is to create "economic bloks" for the differing nation states based on "continents" -- so you would have an "american economic continent", a "european economic continent", an "asian economic continent" and so on with, once again, the idea of "economic contentment" overriding and superceeding the need for war !
of course, this narrow view does not take into consideration mans desire to spill his testosterone all over the place and while physical war might greatly diminish, what is to stop ECONOMIC WAR !!!
will people once divided into "economic spheres of interest" suddenly lay down arms, roast marshmallows around a fire and sing "Kumbaiyah" together ?
HELL NO, but I only worked for the council once and had no say amongst the ruling class !
NOW, before you tell me im nuts, WHAT IS NAFTA, WHAT IS THE EUROPEAN UNION, and what are all the other "economic spheres" that are being formed ?????????
so in the end, the euro will become great, the dollar will be great and the various "yen's" will become great, and a few we dont know yet, like the "russian economic sphere", the "islamic economic spheres" and whatever else is in the cards for the future.
personally, i dont think it will work because ALL types of "isms" tend to leave out the human factor, and as we all know, humans can do the damdest things !
btw --- Hillary and bill are members of the council but I dont know if Obahma is or not !
your happy economic historian cum trader/dutch uncle/teacher
one last thing --- anyone who refers to such a benign and simplistic thing as trading by reference to a book on WAR, needs to have some parts of their psychology examined -- trading is about as far from warfare as one can get ---- you are not fighting ANYONE but simply making educated moves on a constantly changing game board where success is measured by the number of correct moves you make, but there is no enemy to bloody, no land to conquer, no people to rape, pillage and enslave nor force your religion on them ---- there aint nothing but the satisfaction of a job well done, and the monetary reward !
Those who think its WARFARE had better play a lot more video games, or beat their wives for a longer period of time, cause SOMETHING is certainly messed up !
mp
at the end of WW2, europe and england lay in ruins, their infrastructures, manufacturing, economy and hopes destroyed for the time being. America, having had no measurable attacks on its infrastructure, although weakened by the monetary expenses of the war, stood as the only "first" world country that had not fought on its own homeland, and was now able to capitalize on this, its returning soldiers and thru this, cutting to the chase, created a booming economy, VERY strongly based on a somewhat capricious "cold war" stratagy, and its constant fight against Communism (which, btw, was ONE of the TWO feared "isms" of pre-war europe, but ill skip that for a moment)
After 50 some odd years, Europe had rebuilt itself into a strong marketplace and economy, which was to be expected, so while America achieved its economic greatness early on, Europe and Asia were slowly developing theres BACK to where it was pre war and in the normal course of events, ESPECIALLY since it is now one economic blok, should always be thought of as continuing upwards !
NOW, if one ventures a look at some charts along the lines of daily, weekly, monthly, yearly, and 5 yearly an interesting pattern presents itself --- the Euro, over MANY years had been "reasonably" flat although contained within a slight uptrend, and ONLY IN AUGUST OF 2007 DID IT BEGIN ITS PHENOMINAL CLIMB AGAINST THE POUND -- against the dollar, its growth from destroyed nations to strong economic force has been much more constant, showing in the longer range charts as climbing within a relatively narrow channel, with the usually almost clockwork predictable ups and downs of normal currency cycles and now showing a definite toppiness as compared to the dollar. Against the Pound, its has broken FAR out of the channel to the topside and foolish would be those who would think this shall continue unabaited, with no selloffs and resultant shorts to now pull it down for a while.
BECAUSE OF INFLATION, all currency charts AIM UP for the long haul, and have their usual downturns which is reasonably predictable on the charts, and usually waiting for a "spark" of news to alter thier direction when they are topped, and OFTEN anything will set it off --- Personally, I think we see the USD turn this summer, only because its summer, but "someone" will find the "reason" it turned but i will stick to "summer !"
Now, going a bit further, how many of you out there are aware of "the new world order", "the trilateral commission", and the "council on economic relations ?"
started by Cecil Rhodes (notice the name please) from the original "secret society" in england, it was based on the idea that if ALL countries shared in the wealth, no one would need the other countries property and land ---- notice that this is a VERY loose interpretation of what they wanted, but holds well into today where the tilaterals are the front organization for the present council, which grew out of the one started in WW1.
many interesting things exist with the council, not the least of which is that every american president since ww2 has been a member and that their aim in life is to create "economic bloks" for the differing nation states based on "continents" -- so you would have an "american economic continent", a "european economic continent", an "asian economic continent" and so on with, once again, the idea of "economic contentment" overriding and superceeding the need for war !
of course, this narrow view does not take into consideration mans desire to spill his testosterone all over the place and while physical war might greatly diminish, what is to stop ECONOMIC WAR !!!
will people once divided into "economic spheres of interest" suddenly lay down arms, roast marshmallows around a fire and sing "Kumbaiyah" together ?
HELL NO, but I only worked for the council once and had no say amongst the ruling class !
NOW, before you tell me im nuts, WHAT IS NAFTA, WHAT IS THE EUROPEAN UNION, and what are all the other "economic spheres" that are being formed ?????????
so in the end, the euro will become great, the dollar will be great and the various "yen's" will become great, and a few we dont know yet, like the "russian economic sphere", the "islamic economic spheres" and whatever else is in the cards for the future.
personally, i dont think it will work because ALL types of "isms" tend to leave out the human factor, and as we all know, humans can do the damdest things !
btw --- Hillary and bill are members of the council but I dont know if Obahma is or not !
your happy economic historian cum trader/dutch uncle/teacher
one last thing --- anyone who refers to such a benign and simplistic thing as trading by reference to a book on WAR, needs to have some parts of their psychology examined -- trading is about as far from warfare as one can get ---- you are not fighting ANYONE but simply making educated moves on a constantly changing game board where success is measured by the number of correct moves you make, but there is no enemy to bloody, no land to conquer, no people to rape, pillage and enslave nor force your religion on them ---- there aint nothing but the satisfaction of a job well done, and the monetary reward !
Those who think its WARFARE had better play a lot more video games, or beat their wives for a longer period of time, cause SOMETHING is certainly messed up !
mp
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) war does become more like a strategy game... chess, poker, etc... and trading is definately like a game. I suppose the war analogy to me, would be more like 'trading is like a war game' than 'trading is like war'.
