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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 10/08/11
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This is why I don't hold CHF. They are more a traditional currency and not a safe haven, so I have opted for Singapore Dollars instead.
How are you holding Singapore Dollar? I havn't found any way to invest in it. My brokers FX does not have it in any pairs, nor does it have any futures options for it. I havn't seen any SD ETF's either.
I hope you're looking into this one: http://online.wsj.com/article/SB1000142405311190400730457649879301027651....
Looks like US tax payers will be on the hook for an extra $500M in bad loans so that BofA can resume its TBTF reign of terror. You can't make this shit up.
UPDATED S&P500 CHART THAT FORECAST THE CRASH:
http://bit.ly/x618
My long term indicators still warn of USD rally and EURUSD weakness.
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