Thu, Oct 23 2008, 14:39 GMT
by Anthony Samaha
A. (23October US) Latest Impact: IMF supports Pakistan
The IMF received another application, after Iceland, from Pakistan to support its monetary system before facing total bankruptcy. Washington to approve $45bn as a rescue package to lessen the impact of the outflow of cash; Investors are withdrawing their accounts from the Pakistani banks.
Pakistan with a population of 170M & with over 60 nuclear heads, if faced by bankruptcy, would have very difficult time sustaining the counter insurgency & terror operations.
As a result, the US will not only have to pledge for rescue packages for its own financial crisis, but also for the international countries that is operating a war with under the title of ‘Democracy’ & ‘Counter terror.’ Have you seen any changes?
Remember: the more rescue packages are approved, the more printing of dollar is needed, thus the more hyperinflation trend to stem.
B. Signal
Limit Order Valid till 24 October
C. Mission Accomplished:
n/a
Position(s) Closed
D. The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
Published on Thu, Oct 23 2008, 14:41 GMT
ForexSurvivor
| 1860 Rue Robinson, BLDG 108 Laval, PQ H7T 1L6, Canada
http://www.forexsurvivor.com | support@forexsurvivor.com
Fundamental News Summary - Asian Session News Summary by ecPulse.com
Fri, Nov 6 2009, 06:38 GMT
Daily FX Market Commentary - There were very few changes in the FOMC statement by Danske Bank A/S
Thu, Nov 5 2009, 08:03 GMT
London Gold Market Report by BullionVault.com
Wed, Nov 4 2009, 13:21 GMT
Gold Investments Market Update by GoldCore
Tue, Nov 3 2009, 13:48 GMT
Fundamental News Summary - Fundamental News Summary by ecPulse.com
Tue, Nov 3 2009, 13:38 GMT
2nd UPDATE: IMF Finishes Iceland Loan Review
Dow Jones | Wed, Oct 28 2009, 22:22 GMT
Argentina Bonds Off On Lack Of IMF Deal, Emerging Mkt Decline
Dow Jones | Wed, Oct 7 2009, 21:12 GMT
FOCUS: IMF Members Let Nature - And Forex - Run Its Course
Dow Jones | Tue, Oct 6 2009, 17:19 GMT
IMF:ECB Weber:Only Seeing Green Shoots, Downside Risks Remain
Dow Jones | Tue, Oct 6 2009, 11:01 GMT
Iraqi Fin Min: IMF Granted $5 Billion To Iraq For Budget
Dow Jones | Tue, Oct 6 2009, 10:03 GMT
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program