Jim Rickards, Author of CURRENCY WAYS, explains the JPMorgon's trade gone wrong

[AsifAmeer]

He just tweeted that the trade is north of $70 Billion and synthetic in nature. Synthetic in finance terms like an "Imaginary number" in math (square-root of a negative number). Point is, its a completely useless trade with no economic value, financed by a ZIRP policy!

He is the Author of the Currency Wars.

 

[Aleph]

[MENTION=24375]AsifAmeer[/MENTION]:

Lauren Lyster key SAARI batain samajh main ayee mujhe ;)

 

[itsnotme90]

Rt waisay pakistan k ummat akhbar say kam nahi jo her rooz america ko tabah kar k sota hai. lol.

This guy prediction abt euro is right only for a short term but i m still bearish in euro until i see any new sign of recovery.

Lauryn lyster or kelly evans or becky quick from cnbc, or erin brunett from cnn they are all for keeping viewership high .

 

[itsnotme90]

Everything will be back at this rate soon checkout this video of black thursday flash crash

 

[maksyed]

@AsifAmeer:

Lauren Lyster key SAARI batain samajh main ayee mujhe ;)

wo tu aane hi theen bhai .....;)