Replies to post #33844 on Banro Corp. fka BAA

[Libertarian74]

Well you have covered most most bases. However I would say that just as one should keep up with company news to complement the chart TA, one must also watch global 'mismanagement' carefully too. One can do this by reading as wide a range of publications daily, particularly those with a proven track record at recognising macro developments, not to mention geo-political developments.The situation in Greece, for example, may well turn your gold price TA on its head very soon. Likewise Ukraine, which is economically ravaged, and extremely unstable. Recently there have also been mutterings about a possible derivatives meltdown at Deutche bank that may have been the cause of the resignation of the chiefs of that bank. Whispers of a new global recession are getting louder by the month, with Australia and Brazil already in recession to name two, and China slowing rapidly. Red lights are flashing everywhere, if you look

Rarely, in my opinion have there been so many potential black swans just waiting to happen. Thinking people know deep down that there is something very wrong with the financial system, that the damage caused by 2008 has not been fixed, and has most likely been made worse by reckless central bank interventions and their QE and Zirp. Increasing geopolitical tensions are almost certainly related to the post 2008 fallout. Indeed, all world wars have been preceded by savage recessions.

Lets see what happens...