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| Investing in Brazil | |
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pyth0n
Groupie
Joined: 04 July 2012 Location: Brazil Online Status: Offline Posts: 76 |
![]() Posted: 12 July 2012 at 11:55 |
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I wouldn't sweat that law too much spongebob, if South American banks started ratting out their private, and even corporate clients to Uncle Sam half of these countries would collapse. Uncle Sam has no way to verify whether a foreign bank is telling the truth or not, so I'm going to guess if John Doe has a 6 or 7 figure savings account then the manager of that bank is going to do everything in their power to make sure John Doe and his friends continue to keep their cash there so they can continue to use it to manipulate the value of their currencies and bonds.
Edited by pyth0n - 12 July 2012 at 12:23 |
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Gringo.Floripa
Gringoes.com Guru
Joined: 17 June 2010 Location: Brazil Online Status: Offline Posts: 4608 |
![]() Posted: 12 July 2012 at 11:58 |
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Avoiding the question, I see. ![]() Tells me all I need to know about Ray the Hamster. Back on topic: Dashed stimulus hopes sends shares lower (and USD higher?) |
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---ʇno uıƃuɐɥ ʇsnɾ--- |
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Amsterdam
Senior Member
Joined: 02 March 2012 Location: Brazil Online Status: Offline Posts: 1074 |
![]() Posted: 12 July 2012 at 12:11 |
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![]() .. Edited by Amsterdam - 13 July 2012 at 01:12 |
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Esprit
Gringoes.com Guru
Joined: 28 January 2010 Location: Brazil Online Status: Offline Posts: 2403 |
![]() Posted: 12 July 2012 at 12:27 |
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Has the world gone mad or what! Both stocks and gold fall in value because the Fed has no immediate intention of printing more Dollars? So let me get this clear: printing money is to dilute the value of money therefore stocks and gold rise in value to compensate for the depreciation cause by dilution. Where’s the freakin’ gain guys? Let me loose in Wall Street and I’ll bitchslap some sense into those eejits. |
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Esprit
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agri2001
Senior Member
Joined: 28 June 2009 Location: Brazil Online Status: Offline Posts: 767 |
![]() Posted: 12 July 2012 at 12:37 |
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I would be willing to pay for your ticket to Wall Street if you will do what you say.
Give an extra slap for me especially to the directors of GS. ![]() |
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Athiests are moral, they don't kill over religion.
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Amsterdam
Senior Member
Joined: 02 March 2012 Location: Brazil Online Status: Offline Posts: 1074 |
![]() Posted: 12 July 2012 at 13:07 |
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Has the world gone mad or what! Both stocks and gold fall in value ecause the Fed has no immediate intention of printing more Dollars? [QUOTE] Esprit - If it was marked lower then maybe it came as a surprise. Who knows..crazy markets, just dont buy the hype, Gold has seen some good times recently. Edit. According to an investment advisor that i know, the Good news is usually market down and the Bad news is marked up, this is because the market has usually factored the news or the possibility of these events into the market prices already. .. What do you guys think about Silver? An interesting one isnt it. Paper Trading Silver being valued less than Physical Silver. Also dwindeling reserves as it is used up in industry, unlike Gold. They reackon that Gold and Silver will be used as a future currency aswell, i dont really understand how they will be used as a currency. Edit. Also, what is the best physical Silver to buy, Bars, Coins, which ones, Silver Eagles? This is definately going north, the question is when. .. Edited by Amsterdam - 12 July 2012 at 13:54 |
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Gringo.Floripa
Gringoes.com Guru
Joined: 17 June 2010 Location: Brazil Online Status: Offline Posts: 4608 |
![]() Posted: 12 July 2012 at 13:32 |
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Every home should have one! ![]() |
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---ʇno uıƃuɐɥ ʇsnɾ--- |
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spongebob
Gringoes.com Guru
Joined: 18 June 2007 Location: New Zealand Online Status: Offline Posts: 2729 |
![]() Posted: 13 July 2012 at 07:35 |
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Hahah, how you find all of these little images, I have no idea... Espirit - markets are COUNTER INTUITIVE! You will never figure them out. Stocks/shares/reais/dollars/euros.. blahh! Terrible investments. Anything that politicians or other people can manipulate are going to be manipulated at some point. |
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** Just sayin' ** ** Make lemonaid out of lemons. ** ** Trolls get old...** |
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spongebob
Gringoes.com Guru
Joined: 18 June 2007 Location: New Zealand Online Status: Offline Posts: 2729 |
![]() Posted: 13 July 2012 at 07:42 |
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Haha, I'm not a "private" client. I don't have that much money. Even now Mr. Python, you, as an American, are at a disadvantage in this world just due to the fact of where you were born. There are things that Brazilians can do that Americans can't. When I discovered this, I didn't want to be American anymore. And no, I'm not talking about anything illegal. Since I've already applied or citizenship here, I think I'm just going to wait it out and then relinquish US Citizenship since many people say it's better and it doesn't cost $450. (I don't want to pay since I didn't ask to be born there). Do some fact-finding research. I would hate to be an American in Europe now. They can only open checking accounts.. if they are lucky. |
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** Just sayin' ** ** Make lemonaid out of lemons. ** ** Trolls get old...** |
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Gringo.Floripa
Gringoes.com Guru
Joined: 17 June 2010 Location: Brazil Online Status: Offline Posts: 4608 |
![]() Posted: 16 July 2012 at 08:33 |
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What's on the radar for this week: Earnings and Fed action in play Also: World watches Bernanke as Ben eyes Euro (time to buy new cartridges, and start printing?!?) Lastly: Spanish Debt Woes Hit Euro (so what's new, right?) EDIT: Just read here that Spain's PM recently increased the sales tax from 18% to 21%! In a country with 25% unemployment, 50% youth unemployment, and collapsing retail sales. Good move! ![]() Edited by Gringo.Floripa - 16 July 2012 at 09:46 |
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---ʇno uıƃuɐɥ ʇsnɾ--- |
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