USD, Faber, Dark Pools

USD traded to 76.12 resistance, and when it breaks above it, there will be a bit of firework.

Goldman and big firm obtaining billions of trading profit by fading small traders with the FED and Treasury in their back-pockets.

• The Goldman report, posted on the SEC website, summarized a meeting held on Sept. 24 between its executives and the commission staff to discuss issues involving market structure including short selling and dark pools.

AP

In the report, Goldman stated five common myths regarding dark pool trading and supplied arguments in an effort to dispel those myths.

Dark pools are trading platforms where buyers and sellers can anonymously match large blocks of stock, keeping details of the deals and prices concealed to prevent distorting prices in the broader market.

• • Lloyd's of London Warns of Waning Market Surge

    The Lloyd's of London insurance market cautioned that a strong investment performance from surging share and bond markets would not be sustained and said its full-year expectations were unchanged.

  • Pimco's Gross Warns of Future Pressure on Credit <<<~~~ Asians have personal savings while Americans do not. Also China does not have high national debt or trade-deficit like US.
    
  • 'Dark Pools' Help Investors: Goldman Sachs
  • BP Profit Halves but Beats Forecasts on Cost Cuts
  • Vivendi CEO Says IPO an Option for NBC Universal
  • ING Shares Fall Sharply Again on Plans to Split
  • US Data Show Recession Ending, But Recovery Patchy
  • Merrill's McCann To Head UBS Private Client Group
  • Artists Plan to Encase Vacant Detroit Home in Ice

  • Roubini Not Alone in Fearing Dollar Carry Trade

  • US Welcomes Chinese Yuan Rise So Far, Expects More
  • Top Washington Lawyer Takes on Rajaratnam Case
  • Slideshow: Suze Orman's Top 10 Money Tips for Women
  • Senate May Vote to Extend Tax Credit for Home Buyers

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re: Mark Faber comment on USD:

With regard to USD, Faber is ignorant to call USD value is near zero if he ignores the comparative value of EURO is zero as well if he considers the real national debt of countries in the Europe.

Most of the Europe countries have higher debt than US; and, free capitalists destroyed US for their benefit. For survival purpose, US does not need to spend as much as the country does right now, however, of course, from the beginning, because of wars which was manipulated by greedy capitalists except American Civil War, we have incurred national debt. Nevertheless, if our country is managed with normal, fair intelligence without greedy capitalist agenda, we would not be in this mess.

As for South Korea, I have commented on a country can be unfairly benefited by unfair trade balances or a region can be benefited by capital rotations. The examples are S. Korea and China at the expense of USA consumption with trade imbalances. $NIKK vs $SSEC in 1990s for capital rotation.