A simple error or a cover up of a near financial US collapse?
Yahoo currency — quarterly chart
http://ca.finance.yahoo.com/currency/convert?from=USD&to=CNY&amt=1&t=3m
The Yuan hovers at about 1 US dollar buys 7 Yuans and then dips to 1 US dollar buys a little more than 1 Yuan
Invert the chart
http://ca.finance.yahoo.com/currency/convert?from=CNY&to=USD&amt=1&t=3m
4 separate times -3 in April and once in May the chart shows that 1 Yuan buys 7 US dollars
This occurs again in the Euro and Canadian dollar charts over the same 3 month period of April May and June of 2009
http://ca.finance.yahoo.com/currency/convert?from=CAD&to=CNY&amt=1&t=3m
http://ca.finance.yahoo.com/currency/convert?from=EUR&to=CNY&amt=1&t=3m
Between April 6th - 24th and just after May 6 , four nose diving dips — The US the Euro and Canadian dollar plunge only to completely rebound to their original places
BUT —- the bank of Canada list of exchanges for currency between those dates shows no such thing at all
The Euro shows no significant moves
http://www.bankofcanada.ca/cgi-bin/famecgi_fdps
Nor the US or Canadian currency —
http://www.bankofcanada.ca/cgi-bin/famecgi_fdps
http://www.bankofcanada.ca/cgi-bin/famecgi_fdps
Yahoo’s disclaimer — says they are not responsible for anything they do might do or didn’t do but should of no matter how much damage their actions may cause —- You just can’t sue them they are responsible for nothing
A simple error or a cover up of a near financial US collapse
Those Yahoo charts show a short lived collapse of worth compared to the Chinese Yuan —
Yet the Bank of Canada — shows only normal and insignificant movement
——————— What should I make of this contridiction ?
Yahoo is imcopetant and hires a lot of lawyers to cover thier buttocks because they make so many blatant and serious errors
Or —————- there were in fact 4 desperate incidences of collapse in April and May and Yahoo isn’t doing their part in the cover up because they are simply error driven and incompetent ?
Tagged with: 3m • amp • bank of canada • bankofcanada • buttocks • Canadian Currency • Canadian Dollar • chinese yuan • collapse • dips • finance yahoo • incidences • lawyers • plunge • us dollars • Yahoo • yahoo charts
Filed under: Economics
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I don’t think that’s right… the odds of Yahoo covering it up vs. just being incompetent… leans HEAVILY toward incompetence…
Yahoo’s currency data has always been a little hinky. I certainly wouldn’t trust it to trade on it.
Honestly, do you really think our near financial ruin is being covered up? I thought it was in all the papers!!
I thought the coverup was obvious when they named that program "TARP"….
A tarp is a piece of waterproof fabric used to cover things up.