Archive - Dec 20, 2012 - Blog entry
The Biofuel Subsidy Scams
Submitted by testosteronepit on 12/20/2012 22:32 -0500So easy and so profitable
Bernanke's Bold Bailout Of The Banking Sector Has Also Hurt Specialty Retail & Employment, MBS Traders And Their Employer Banks
Submitted by Reggie Middleton on 12/20/2012 15:39 -0500The Bernanke Banking Put enriched the banks, extended the unemployment line, and created a margin call in the retail specialty sector. All in a days work.
James McShirley: There is no doubt the past month has been a pre-planned, coordinated attack on gold and silver.
Submitted by lemetropole on 12/20/2012 12:55 -0500Something BIG surely must be coming to justify the ferocity of the cartel. We will wait and see, and wonder where they are getting the physical to pull this off. Non-physical gold investors may come to better understand the phrase "getting Corzined".
TiMe'S UP: PRePaRe FoR MoRoN CHooM DaY...
Submitted by williambanzai7 on 12/20/2012 12:53 -0500And at the end of time all there will be is ground zeroes...
20 Dec 2012 – “ Merry Christmas (I Don't Want To Fight Tonight) ” (The Ramones, 1989)
Submitted by AVFMS on 12/20/2012 11:57 -0500EGBs and Equities rather a side-story today, as mainly static. EUR, too. Spain ticking in. Italian 2s on new lows (with the old reference nearing 1.5%). Good US GDP, bad Gold Dump Party (GDP, too). Worse Silver sell-out. Metal weakness? Maybe the Mayans are getting rid of their stocks before tomorrow? Another shy EStoxx high and Risk low. Don’t fight (the trend)…
"Merry Christmas (I Don't Want To Fight Tonight)" (Bunds 1,42% unch; Spain 5,22% -3; Stoxx 2661 +0,1%; EUR 1,322 -40)
Hyperinflation Started On The 25th Of July 2012 !
Submitted by Yves Lamoureux on 12/20/2012 11:21 -0500Gold’s recent move down is tracking our forecast.We saw an initial shock to gold as the pressure of higher rates moved through the system. What is perhaps lost on most market observers is the slowing pace of global liquidity flowing into the system. You could call the current situation a problem of velocity synchronicity.
Yen Rebounds, Dollar Softens
Submitted by Marc To Market on 12/20/2012 07:03 -0500
The US dollar is sporting a softer profile today. It had initially extended its gains after recovering in North America yesterday. In Japanese candlestick terms the euro and sterling had recorded "shooting stars", in essence opening on their highs and finishing on their lows. Additional profit-taking was seen in Asia, earlier today. The euro was pushed below its 20-day moving average for the first time since Dec 11. Sterling fared better but still extended yesterday's losses. However, in the European morning, both currencies have recovered to move back into yesterday's ranges.
The price action can be attributed to thinning market conditions and the recovery of the yen. Indeed, "sell the rumor buy the fact" gains in the yen, may have pressured the other currencies as cross positions were also unwound. The dollar has stabilized after slipping through the JPY84.20 area to trade below the previous day's low for the first time since Dec 10.
Why it is Not Possible to be Moral and to Work For a Bank
Submitted by smartknowledgeu on 12/20/2012 06:20 -0500We believe that because the Rockefellers and Rothschilds created our “modern” banking system with the express diabolical intent of transferring the wealth of nations to themselves with zero work and of preventing the people of these nations from revolting through the imposition of debt enslavement achieved through the administration of the fractional reserve banking system, it is impossible to be a moral person and work for a bank.
