Recent content by libertas

You forgot to add that the 'pepole' who know what they are doing use these 'patterns' to create the exact opposite of what is expected. Very cunning they are :cool:

I can only comment on what IS not how you would like it to be. Lack of bank controls are you kidding me?! The big banks compliance departments employ more people then most FTSE350 companies. Why do you think tax havens exist? If it wasn't for greedy governments these places would disappear...

Firstly what you will read on this subject will be 99% rubbish. Some is just ignorance other stuff is pure misdirection designed to ensnare newbies into herd beliefs. In my view a good first step is to just observe the markets. Start to consider why markets move as they do. Who and what is it...

North Korea, Cuba, etc. Spot a pattern? :lol:

No coincidence that the rise of China really accelerated when Hong Kong was returned to their hands. :idea:

I don't want to take this thread too far off topic but can you point me to any market that has actually been completely 'free' in the whole of recorded history? I have yet to find one which was truly 'free'.

You have to look at like this Lewis and Bernard. If you were looking to become a professional golfer or tennis player or brain surgeon or professional whatever how much time and commitment do you think it would take? If you are both looking to become consistently profitable traders i.e...

I can't understand why you frequent these boards when you are so anti free- market Atilla. Trading couldn't be more opposite to the socialist ideals you talk about. It is survival of the fittest in the extreme. There is no one in the markets to hold your hand or bail you out when you are wrong...

Just to add for your consideration. Think about what is going on in those candles with the 'tails'. Why are they there? Who is creating them? What do they indicate about current price development and potential future development. It's very important to understand what these 'tails' tell you...

:rolleyes:

Really Neil?! Fractional reserve banking goes back to at least the creation of the Bank of Amsterdam in 1609.:eek:

Yes and concurrently they hope to keep house prices inflated above their natural level. This is seen as a great boon for the middle-classes. Yes couldn't agree more. At the moment you don't have to give a fig about the state of your bank unless you have over the insured amount of funds at risk...

I agree with the you that banks treat depositors as creditors but whether they should or not is another point. The idea of paying interest to depositors is to encourage depositors to put their money in the bank. I agree that the interest paid by the bank is supposed to come from the banks...

I disagree. When making a loan the lender is usually the one who sets the conditions of the loan i.e. interest rate, time till repayment etc. When you place your money in a bank none of these negotiations take place, you take what you are given. You place your trust in the bank that when you...

I agree wholeheartedly with your sentiments but first we need to restrain government itself. The US Constitution was a set of rules set up to restrain government but it has steadily been eroded and destroyed by power hungry politicians. The one big mistake the original writers made was in not...