Monthly Archives: February 2009

Feb 26. 2009 Market Comments; It’s A Depression Not A Recession

By: Hans Lysglimt [youtube]http://www.youtube.com/watch?v=Wlp7lTXBt0M [/youtube] http://www.youtube.com/watch?v=Wlp7lTXBt0M

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Temporary Safety in Norwegian Kroner

By Hans Lysglimt The markets have decided that the Norwegian Kroner is a safe haven in world wide economic collapse. More undeserved good luck to us Norwegians, once again. The Norwegian Krone gaining strength, while the previous safety darling, the Japanese Yen is falling out of favor having dropped 5% against the Dollar in just […]

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Bernanke, Obama Doing Their Job

By Hans Lysglimt Misters Bernanke and Obama’s job is to inject confidence, even when none is warranted. They did their job well yesterday, very well one must say. With the Dow up 3.3%, and Nasdaq up 3.9% when it’s trend was to continue its downward trend meant that the confidence and hope – the words […]

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The Pirate Bay Is Our Only Hope

By: Hans Lysglimt The markets want to rip you to apart, to humiliate you and wear you down. Perhaps that is why gold has fallen down to USD 984 when we thought it would never go below 1000 again. And once under, gold could of course fall much more. Back to 500 is not impossible, […]

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Gold breaks through USD 1 000

Gold just broke through the USD 1 000 barrier. In Farmann we have recommended you buy gold for years, we hope you have listened to our advice. I do not think we will ever see gold below USD 1 000 again. This is a depression, and gold is one of the few secure ways to […]

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The Case for North America

By: Geir Kokkvoll Engdahl There is a lot of USA-bashing going on these days. A lot of comments on Norwegian and other forums degrade the USD, as if it is going to sink into oblivion shortly. Currency analysts follow suit, and predict the USD trading at 5,50 NOK in a year. I must admit that […]

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Posted in Europa, Finans, Olje og energi, USA, Økonomi | Comments closed