Who is master in the art of living he little distinguishes between its job and its free time, between its mind and its body,its education and its recreation, its love and its religion. It pursues its vision of the excellence in any thing it makes, leaving the others to decide if he is working or playing.
It always thinks to make both the things together.
-Driver55
Master in Art of Living.
0 commentsPosted by Edgar Ng at 3:22 AM
Jesse Livermore .
0 comments“Don’t get too curious about the logic behind a move. The key to wealth in the market is the simplicity.”
Often we are not satisfied with profits from the financial market using a simple strategy, we want something more complex because it seems that a more complex strategy will bring us more money in less time.
I have a new to you, this is not true.
In financial markets the best strategy is not to “predict” the behavior, but act according to what you see in the chart. There aren’t actually patterns of human behavior, but when you read a chart, you will see the result of the emotions of the market operators, and you need to work based on it.
Human beings enter into direct contact with strong emotions in the financial market, you can have 15 indicators that confirm a trend and it suddenly change.
So, keep things simple on the market. Do not try to “predict” movements, only react to what the market is showing, you will have less concerns and more profits.
Posted by Edgar Ng at 7:04 PM
Federal Reserve is a fraud.
1 commentsThe Govn works for a private bank, and the private bank works for its owners, theyre true masters. - Catherine Austin Fitts "Former Asst. Secretary Of Housing
Who owns the federal reserve?
"Its secret and we cant find out whats happening , but congress created it. and its not authorized in the constitution " - Congressman Ron Paul
The Government borrows money from private corporations Using the name federal and it pays back to the fed which is own by private banks we dont know who those private banks are the money that the government is paying back to the private bankers is the money that comes from you and me - Michael Rupert , Investigator/Author
Posted by Edgar Ng at 6:16 AM
Small Note
0 commentsI like to invest in markets where people are
moving to, not from.
The stock market is
crashing because cash is flowing out of equities into savings, mattresses, bonds, and gold.
-Robert Kiyosaki.
Posted by Edgar Ng at 9:55 PM
President's Nixon Change in Policy
0 commentsAfter 1971, central bankers could create money by merely printing more paper. In
today’s digital age bankers do not need paper to create money. As you read this, trillions of
dollars, yen, euros, pesos, and pounds are being created electronically—out of thin air.
"Fed can just make more money out of thin air by pressing a few keyboard buttons, yup thats right. believe it. "
As seen in zeitgeist. Creating debts out of thin air.
who suffer?
the citizens of course. poor souls. imagine if you are the one that have the license to print money and u work in fed .. WAW .
the world is a cruel place where people dont understand that they are rats in the powerful people's system they are caught in a cage to work and work until they die.
the smarter u are the further u will go, by smarter i mean financially.
Posted by Edgar Ng at 3:50 AM
All the President’s Men
0 commentsThe main campaign slogan of President Barack Obama was, Change We Can Believe In. Given
that slogan, we must ask a question: “Why did President Obama hire many of the same
people who worked in the Clinton administration?” That doesn’t seem like change. It seems
like status quo.
During the election, why did Obama consult Robert Rubin, who just recently
resigned as head of Citigroup, a company on the verge of its own collapse and that has
received some $45 billion in bailout funds, for advice on the economy? Why did he appoint
Larry Summers to be director of the White House National Economic Council and Timothy
Geithner, former head of the Federal Reserve Bank of New York, to be his secretary of the
treasury? All of these men were members of the Clinton economic team and played a part in
the repeal of the Glass-Steagall Act of 1933, an act that forbade banks from selling
investments. Banks selling investments in the form of derivatives is a big reason why we are
in thismess today.
In overly simple terms, the purpose of the Glass-Steagall Act of 1933, crafted during
the last depression, was to separate savings banks, which had access to Federal Reserve
funds, from investment banks, which did not. Clinton, Rubin, Summers, and Geithner
succeeded in repealing Glass-Steagall in order to legitimize the formation of Citigroup, the
biggest “financial supermarket” in U.S. history. Many people do not know this, but at the
time of its formation, Citigroup was in violation of the Glass-Steagall Act.
The following is a comment Kenneth Guenther, CEO of Independent Community
Bankers of America (the small bankers of America), made to PBS in 2003 about the
formation of Citigroup:
Who do they think they are? Other people, firms, cannot act like this . . . Citicorp and Travelers
were so big that they were able to pull this off. They were able to pull off the largest financial
conglomeration—the largest financial coming together of banking, insurance, and securities—when
legislation was still on the books saying this was illegal. And they pulled this off with the blessings of
the president of the United States, President Clinton; the chairman of the Federal Reserve system,
Alan Greenspan; and the secretary of the treasury, Robert Rubin. And then, when it’s all over,
what happens? The secretary of the treasury becomes the vice chairman of the emerging Citigroup.
The most telling line is the last one: “The secretary of the treasury [Robert Rubin]
becomes the chairman of the emerging Citigroup.” As we’ve discussed, Robert Rubin was
Obama’s advisor during the presidential campaign.
President Obama’s current secretary of the treasury is Timothy Geithner. He was
under secretary of the treasury from 1998 to 2001 under Treasury Secretaries Robert Rubin
and Lawrence Summers. Summers is Geithner’s mentor, and many call Geithner a Robert
Rubin protégé.Oh, what a tangled web we weave.
In other words, these same men are partially responsible for triggering this financial
crisis. By allowing the combining of savings banks with investment banks, these guys
accelerated the sale of the exotic financial derivatives that Warren Buffett called “weapons of
mass financial destruction” and that have helped bring the entire global economy to its
knees. How can there be change if the same people who expanded this financial mess remain
in charge? What does President Obama mean when he promises change we can believe in?
Posted by Edgar Ng at 1:54 AM
this journey : Just trying to figure out where i came from, why im here and where im going.
Posted by Edgar Ng at 8:49 AM