World Bank Whistleblower – Video Truths

I stumbled upon this video over the weekend, and thought you might enjoy.

Karen Hudes “tells it like it is”, offering a glimmer of hope as well. Perhaps she’s a wack job too so…I’ll let you be the judge.

The usual Sunday ritual for Kong ( chipotle basil bolognese ) as we get ready for another exciting week trading. Volatility has certainly kicked up in currency markets as USD makes a bold turn “lower” as suggested. My eyes are still on JPY for the “big one” when it comes, but continued trading in GBP as well short those commods.

I expect we should see some real action here this week.

10 Responses

  1. robert November 24, 2013 / 7:13 pm

    Hi kong, looks like it is off to a rally start again on iran nuclear deal? good news keep coming..btw, does vol really matters as don’t markets top on high vol (suck in the retailers)? and the low vol could indicate that it is not topping yet?

    • Forex Kong November 24, 2013 / 7:37 pm

      I caution you Robert – you’re letting that T.V get inside your head!

      Let me ask you – where you worried about Iran’s nuclear capabilities last Tues? What was Iran’s nuclear position’s effect on markets then?

      Have you “ever” considered Iran’s nuclear position having an influence on markets?

      ………..yet you perceive “good news”.

      Careful young grass hoppa…..all is not as it appears.

      • robert November 24, 2013 / 7:40 pm

        I understand kong, what I meant is that they are using all these so called “good news” to pump up the markets.. not that I am looking to long the markets. I am just fascinated by all these tricks and means that they have to do that. crush the vix.. crush the yen to manipulate the markets up. Look at now.. yen is being crushed again

        • Forex Kong November 24, 2013 / 7:47 pm

          That’s the plan Robert – you’ve got it.

          Crush your currency faster than the guys on the other side of the ocean are doing.

          Where will it end? Will it “ever” end?

          It’s the way of the world now, as Central Bankers continue to do “the only thing they can do” to keep global markets afloat.

          The key is to just stay on the right side of it.

  2. robert November 24, 2013 / 7:50 pm

    I don’t think it will ever end, nor could it end that is the sad part. 90% or more of the world is screwed due to a few people.

    • Forex Kong November 24, 2013 / 8:00 pm

      Bingo ma man…..

      So – we just accept it, trade it and keep making bucks.

      However – it will end….at some point in the not so distant future the world will be awash in new technologies, new industry, growth, prosperity and all that comes along with it as…….these things will always “ebb and flow”.

      Unfortunately….you’ve got to ride out the “tough spots” and still hope to have a couple bucks in your account to take advantage of the good times when they come.

      These days….”keeping your money” is what counts…..”making more” a plus.

      • robert November 24, 2013 / 8:47 pm

        hmm.. i read that you are looking to long yen soon. May I know what signs to look out for in yen pairs that could point to a possible selloff?

  3. Careydina November 24, 2013 / 9:37 pm

    Hi kong,

    Pounds will continued stronger?

    • Forex Kong November 24, 2013 / 9:51 pm

      I’ve jumped back on after taking profits “twice” now….

      It looks to have further to go….although I’d caution “against what”?

  4. Placide November 25, 2013 / 2:06 am

    Hi,

    The USD made a turn lower?! I might not be looking at the same chart as you then. I saw the USD index going up.

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