Warning from Swedens central bank
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by Svenska Riksbanken
Yesterday our monetary market was attacked. One or some lowered our goldprice down to about 45 SEK/gold and 0.026 gold/sek (~38 SEK/gold) from 0.032-0.03, making it unprofitable for importers of raw materials. He/she/they probably hoped to make some money out of if as well. If this was an arranged attack or because of common spread traders I don't know. For at least some hours our SEK was strong, way to strong, strong like hey-come-and-watch-our-ecnomomy-die-beca use-of-greed strong.
Well, let's just say they didn't make any real profit out of it. I noticed the great rate difference and adjusted the market, rising the goldprice to 0.035 gold/sek (~28.5 SEK/gold) and with a block at 35 SEK/gold. Generous, I thougt and left the market for a while. An hour later the rate was on 0.032. Just to take in comparison: During the period of the second half of August to the introduction of V1 the market was stable under our central banks rates, never going under the recommended rate more than with 0.001.
Now I adjusted the market again, rising the rate to 0.037 gold/SEK (~27 SEK/gold) and with a block on 30 SEK/gold. Yesterday I let you have 6.5 SEK in difference. Now you've got 3 SEK. Both of them is hell of a lot much compared to other nations' monatary markets'.
If you get to wild once more I promise that I won't give you room for profit on Swedens monetary market. Then you should be glad if you could make even some coins out of our monetary market.
Beeing a spread trader comes with many advantages, but if you're to eager to make money and lower the rate because of that you will meet resistance. The central banks' of the nations' controlls the monatary markets', they set the rates and the rules. If you go to wild in your ambitions for gold you'll end up by losing your source of income. Patience is a key word when you trade on the monetary marker. Don't rush it, you'll make your money soon enough, you'll see. Use the monetary market wise; obey the rules.
Thank you for you understanding and co-operation
Finance minister Karl Holm
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voted - hope to get more information in English about the strategy and long-term goals.
No. The SEK is not strong when the Gold price is high. The SEK is stronger than yesterday, because the Gold is cheaper today.
Also. The finance minister shouldn't adjust market rates for personal gain. You and your companies have been trading on the monetary market.
Karl Holm, it's their usual rant about people, just ignore it. 🙂
Maybe that "attack" was made by your company.
Was it an excuse to change the exchange rates?
"Maybe that 'attack' was made by your company.
Was it an excuse to change the exchange rates?"
Now you are being silly...
I think it's likely. He's leaving office, and we told him to not trade on the market. A thing he responded defiantly to.
Who else has money to buy up all that gold? And why? There's no rational reason behind why someone apart from Karl Holm would do that.
So there's only one piece of evidence he did it: he can afford it. Until you've some credible proof, keep your accusations to yourself.
Hell, even I've some funds. Maybe it was me?
Obviously you need more than just money to do that. There's no action without a cause.
What nutcase would buy that amount of gold for those prices? There was hardly any gold left on the market after that. The one who did that knew he would lose a lot of money. But if you play around with someone else's money it's easier. I think it's clear Karl Holm and Riksbanken did this.
He bought upp all offers from his own company / himself with the Riksbanken account, leading to a great profit for himself. Then he changed the exchange rate (it was completely off track after that) to something else which he could profit from (again). Then he writes an article where he poses like a hero.
Haha. No that's not likely because it's abstract and far-fetched.
Most people who do something like that brag about it. Karl Holm did.
I'm... I... Ah, screw this. You're totally retarded, Radsoc. If one REALLY want's to there's much easier ways of earing money than starting a chaos and attract attention. Do you see any rational explonation for me doing that if I actually intended to gain anything personally, other than to destroy everything I've maintained for 4 months now?
"Most people who do something like that brag about it. Karl Holm did."
I've done nothing. And to just assume that I have and state it in the ways you've been doing it is to smear one other, you judge before you've got some proof and before I've been charged with those. You are currently evading the demoratical system and all the juridic rights that comes with it. The only thing YOU are doing is to backbite me.
Why is it far-fetched?
Ever since you began playing, you've been provocative, controversial and very aggressive towards members of FBS. You've among other things called all FBS members corrupt, lacking proper grounds.
You saw the chance to frame Karl Holm, a high ranking FBS profile, for this, so you contacted richer communist friends. This was easy, since communism is international, not local. Now you sprung into action, setting in motion these events, which could lead to Holms demise. When Karl Holm wrote his article, your heart skipped a beat out of joy, because now you could play the bragging card, as if it was evidence. In the long run, FBS will hurt and MSAP may rise and create a communist nation. And here we are now.
See? Making up stories is easy. Proving them is not. I suggest you start working on proving your theory, or keep quiet.
Furthermore, your own credibility lacks, since you've a history of groundless accusations. This being what I meantioned before, when you accused everyone in FBS of corruption. You'll find this story here: http://www.erepublik.se/viewtopic.php?f=2 9&t=2179&p=42013#p42013
"This was easy, since communism is international, not local."
There's little to say about it so you have to write obvious platitudes to make it look more. I don't think you can find any in my article because I believe in what I write.
Sure, I can never prove it, nobody can ever prove these kind of things. I just think it's more likely than most other possible crimes. The series of events were highly unusual. And Karl Holm did exactly what a guilty person would do. Of course, this is no proof.
I understand if you don't think those jokes you link to are fun, because they are about you. I'm ready to withdraw them, because I don't think they are fun either. However, I don't think anybody here is joking right now. And I'm definitely not joking about Karl Holm. He's a smart guy.
Ah, I'm so damned tired of your accusions and conspirations. Yes, I'm quite smart, so now I'm a villain? Please, this leads nowhere, can we stop these accusions and solve this conflict we have between us somewhere private? Or we could take it here if you'd like. Just please, keep it clean.
If my point had revolved around a made up theory free of faults, I would've spent time on it, elaborated and brought in more of the facts. There was no need to fine tune it, since I didn't write it to be believed. If anyone is grasping for straws it's you, pointing out something as irrelevant as that.
It would surprise me if you were a trained psychologist or policeman, but you must be, since you know exactly what someone guilty would do. Concerning one thing you're absolutely correct though: that is no proof.
Is it just me or does it looks like: Radsoc against everyone else?
He is agains't FBS, and that is almost everyone else in Sweden 🙂
Yeah mudwrestling! But no finger nails, girls! (guys, this looks ridiculous.. "you did it", "noo you did it", "no YOU did it", "I'm gonna tell on you!"