September 22, 2008

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Where to place the cash? (which have) an idea

Right now the stock markets are bearish trend in background and everything suggests that the uptrend in commodities has finished. It is difficult to buy fixed income at the prospect of rate hikes and although I personally believe that the $ is expensive it is certain that at least until after the elections in the USA does not seem prudent to positioned against that currency. This discourages the same argument which I believe is the best investment at present: the gold. So, what to do with the money?

I am raising here an idea that is similar to those raised in recent years with celebrities such as bids for Endesa or the Arcelor but that upward trend in the middle were largely discarded: Union Fenosa to buy one euro below the price you'll pay Iberdrola The Natural Gas by April 15 2009. Profitability (the ope, by 100% since 1833, represents more than 6% in real return of 7 months, just over 10% APR) is higher than that of deposits offered by many smaller entities with probably guarantees that offered this operation. And with the great advantage of being able to restore liquidity with minimum cost is difficult because the share price down with this much on the horizon ope-sell the shares if necessary while any deposit to 7 months is a high cancellation fee .

However, if you do, two pieces of advice: Do not rush to buy (the need for liquidity of the "strong hands" over time will keep the share price "cheap") and check what you charge your financial institution to go to a ope to adjust either the calculations.

If you buy today UNF Sept 23:

to € 17.10 ... earns a 7.24% in the 206 days remaining (about 12.5% per annum)
17 € ... .... earns a 7.82% in the 206 days remaining (about 13.5% a year)
to € 17.20 ... earns a 6.65% in the 206 days remaining (about 11.5% per annum)

If the price stays the same and later compráis annual returns improve ...

Written by Droblo the Sept. 22, 2008 with 85 comments
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Big Brother

Nowadays the partnered these two words to a program of dubious social value (although I admit that I followed the first editions) where some energúmenos with a great desire for notoriety and ego grown so excessive, was insulted by the day and make edredoning at night, giving an excellent example of how NOT to behave. The program is named after a character mysterious and pervasive in the novel 1984 by George Orwell, excellent work that strongly recommend to all.

The novel was written in the late 40s, and it poses a future society Orwell (1984) split into two groups, members of the single party, living under repression, and a mass of poor people living in isolation from politics . "Big Brother" additional to any political character, is the guardian and supreme court, which monitors only almighty and tirelessly. Dominates the life and thought of the whole society, using various techniques, including the placement of cameras in all the rooms (hence the name of the program), putting up screens in all the houses that did not stop issuing propaganda of the party, the thought police, the chivatazos of its own citizens, etc ... The protagonist, Winston Smith, works at the Ministry of Truth and its mission is to rewrite history.

Fortunately, not Orwell was right on almost anything, and his novel became a great texts of literature, fiction, but nevertheless, to read it, we can recognize certain traits that have been met and that they should get the meat of chicken. Does the work that our friend Smith developed there as of today? Are there people who are dedicated to rewrite history and eliminate or modify the information passed to the present always seems better than the past?

In part it may seem that if, as, for example, when the INE public the CPI nobody block, in fact there are websites devoted to collecting data on their own and publish their actual CPI, reaching conclusions that tend to bend the increases in CPI published by the INE.

In fact our leaders do not need to stop accumulating newspaper clippings, save links to favorite articles with chicha and make notes of what is happening around us, that we do not do it by themselves. We do the maintenance work being alienated so docile and creyéndonos (or not) what we have. The only thing you should do is publish the data that interest them on a propaganda and the others do or not do so cryptic or biased. Anybody can give a link where there is a time series of monthly average price of petrol from January 2006 until today? Probably somebody in the forum will know what to find, but it is not an easy task.

A fairly recent example, a few months ago, when diesel was sold for 1.30 € / l and the barrel was $ 147, carriers made a "strike employer" (a concept as contradictory as military intelligence) that was closed in false by an agreement partnerships with the majority, and it is assumed that the state granted them some benefits. So much for everyone but:

Why last week that the barrel was $ 95 (-35%), and gasoline was sold for € 1.20 / l (-7.6%) did not came out to demonstrate against this? So the agreements are beneficial to those who arrived? What were those agreements?

Probably they are published in BOE, but the BOE is designed for anyone to read, except for a minority (cryptic publication)

Who is to blame? Does our being confident and a bit vague, or our rulers for not being honest?

I propose today to collect duties as links to news (eye to bias) where we can observe that contained more than one would be more disposed to the style of Orwell's Big Brother.

Clear example of a year ago 27-09-2007 - The Euribor has plateaued

And finally, we observers collecting news of the day:

Written by Oriolrc the Sept. 22, 2008 with 151 comments
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