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    • Wed Nov 19th 22:58 PM
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      Rating: +1 -1
      Commented on:
      General Electric: Genuine Risk of Collapse?
      GE is integrated in the system at every angle. We shouldn't blame individual companies who have widespread exposure to every facet of the system, such as GE had. The system is what is having problems, not individual companies. Also don't forget all these companies are supported by consumers, they don't exist in a bubble. They are catering to client demands. If clients had demanded fast trains and hydroponic farming you bet GE would have supplied it.

      GE's mistake was getting involved in the finance business! It reminds me of a company we had researched that owned the technology behind an FX trading system and 'patents on ancient Chinese health secrets'. i.e. What business are you in? We sell investments, couches, and also a fine wine.

      Maybe companies will start doing what they do best. GE was a great manufacture of industrial equipment (light bulbs, medical instrumentation, engines, etc.), but a less than average bank. Overall, this crisis will be a good thing for the economy although it will be painful.
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    • Mon Nov 17th 01:12 AM
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      Rating: 0 0
      Commented on:
      Moving to a Trans-Industrial Paradigm
      Many of the posters of comments miss the points. First, Foreign Currencies have no intrinsic value per se. What EES does is we develop automated trading systems which in a very real sense are cash generating machines. If we were so inclined we could use those profits to purchase things like commodities (for daily use not for investing). That happens to be our profession - if your profession is hair cutting then I would suggest investing in a fine pair of scissors. However the context of posting on Seeking Alpha is to suggest places those with 'excess capital' outside what they need for purchasing of scissors, etc. could potentially be invested. One such market is the FX markets which have a low minimum and many advantages. Is that biased? Or did we come to the FX market by much research and real experience trading stocks?

      Regarding the post industrial title, it is just a nomenclature to describe 'after industrial' .. the word 'trans' was chosen instead of 'post' in the title due to research that was conducted on that term: en.wikipedia.org/wiki/... and it's connotations. The point being, our society is designed based on an industrial system that developed during the 20th century. In Cambodia and pre-industrial cultures and most of the third world, there isn't much industrial infrastructure to speak of. With the internet, and small modular technology such as Micro Nuclear Power Plants: blogs.zdnet.com/emergi... It is possible to live almost anywhere and trade anything. In fact, agricultural society has less impediments to adapt because they do not have highways, bridges, zoning laws, etc. Wall St. was in Manhattan because NY was an industrial solution to solve the problem of major corporations who needed big filing cabinets (skyscrapers) which are outdated. Even before the crash, many trading firms have only sales and marketing offices in NY while trading and R&D is done in remote facilities which are highly customized and highly secured. (Reston, VA vs. Washington D.C.). Saying people shouldn't live in NY or Wall St. is this or that is not the point. The point is NY and big cities served the major societal function pre-internet and pre-computer which now doesn't have value. Wall St. has the branding value and the associative value but is it really worth $50,000 /month to house servers there?
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    • Thu Oct 23rd 02:50 AM
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      Rating: 0 0
      Commented on:
      What the Russian-Georgian War Means for the Euro
      ""Are you insane? Europe and Russia war? LOFL

      and you get to write of SA?

      Man I won't ever coem to an SA posting again ""

      Europe has been at war for the last 5,000 years.. if anyone notice the reason USD became reserve currency was because Europe was demolished after WW2 and US was untouched with manufacturing base intact and a strong political footing being a driving force in the winning of Alliance powers.

      Secondly, if anyone was watching the news, Russia invaded Georgia. Israel had troops in Georgia and trained Georgian forces. If one doesn't call that a 'war' then what is it? Tanks were rolling from Russia to Georgia and 1/2 of the country was destroyed by bombings. I'm sorry if it's "insane" to call that a war..
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    • Thu Sep 18th 14:55 PM
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      Rating: 0 0
      Commented on:
      Massive Opportunity to Short the Dollar
      take a look at USD/CHF chart since the day this article was posted.
      View article »
    • Wed Sep 10th 22:26 PM
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      Rating: 0 0
      Commented on:
      Massive Opportunity to Short the Dollar
      yes there is something we do not know about the dollar, but shorting it is not gambling. a trade can be placed under uncertainty, in fact trades are placed everyday based on available information without knowing FULLY what is going on.

      bob jones, negative euro zone growth has it's roots in the US downturn, what has been significant was the Russian conflict which started the Euro sell off. But a bad Euro does not a good dollar make, there is real money demand for the dollar which is not EUR weakness alone. It is likely also a problem with the credit markets but a drying up of credit maybe isn't enough to push the greenback higher it would need to be driven by foreign exchange markets??? The fact is there is no definitive evidence why the dollar is up, therefore this is a good 'insanity trade' because the move just doesn't have any sense, therefore markets should adjust.
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    • Sat Aug 23rd 16:17 PM
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      Rating: 0 0
      Commented on:
      What the Russian-Georgian War Means for the Euro
      The Russia we are facing is a new Russia, we have spent a lot of time reading intelligence reports since this situation began, from many sources. It is clear there exists a void of information in the administration, in finance, and in the general business community, about the new Russia. One excellent source that has this situation pinned down is Stratfor - see stratfor.com Other articles you can see on our blog eliteforexblog.com (just scroll back to previous posts about the situation and read the articles). While we are worried about Georgia, basically an irrelevant state, no one (except stratfor) noticed that Germany is negotiating a new security agreement with Russia. This new Russia is not a threat to anyone directly per se, it is a threat to the current global political framework. From the Russian perspective, they try to capitalize on high oil and a booming debt free economy. Isn't that what the west has been trying to convince them to do for the past 50 years? Now that the Russian's are capitalists, we can't complain that they are protecting their economic interests militarily, like the west has taught them.
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    • Sun Aug 3rd 17:18 PM
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      Rating: 0 0
      Commented on:
      Antidote to Dollar Weakness: Swiss Franc, Gold
      actually, the article was quite lengthy and i felt well written, and an editor at seeking alpha cut it to shreds. not knocking their editing but it was changed 95% from it's original form, so if you want to complain please email the editors of seeking alpha.
      regarding the yuan, china is not the next USA i know jim rogers and others are big yuan cheerleaders, and it may increase (i'm not advocating short yuan) it's just not a SURE bet, whereas swiss francs and some other plays are, as we see it. gold should comprise any % of a portfolio due to inflation hedge, and i do agree gold will be volatile, but NOT because ben can do anything about it! thanks for your comments, see other articles on eliteforexblog.com
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