- advertisements -
Meanwhile, London is on fire, literally.
Spain just raided moody's and S&P offices... yeah shit got real, real fast
I didn't hear about Spain, but I know authorities raided S&P offices in Italy.
my bad... got back from long weekend and reading things crooked
Wait 'till Italy get's upgraded to AAAA+ infinitas, then you'll start reading things crooked.
Gold is going up a dollar a minute at the moment. Didn't bob tell us not to buy gold?
I thought gold would sell-off several months ago, I've been bearish on silver because silver isn't like gold and I've said that several times.
S&P downgrading the US was a game changer. That changes things in too many ways to even discuss.
Watch the CRAPEX open in the morn, the PAPER Commi's may have a trick up their sleeve...
Or Not ...
SILVER is confirming the rally so far.
$42. and we gonna have a big move in GOLD Imo.
AFTER ALL, Bonds are Paper, No???
Pea Pel Ditching their BONDS (i.e. o/s Debt).
So what do you do with the Electronic Harddrive Cash???
Stocks - Nyet.
Cash - Nyet.
Whats left is commods, Metals, Oils, and of course the other currency, Gold/Silver...
Molotov Cocktails, bitchez
Awww cmon bob, you didn't need the s+p to tell you the truth of what was really going on and you know it.
I know the US isn't AAA but that is regardless.
The downgrade will mean a major shaking of every asset class as fund managers will have to sell assets to keep up with their mandate. I use "assets" loosely because there will now most likely be an avalanche type of effect. Obviously there will need to be CB intervention which will mean massive printing of money which will push people into gold. Silver will to some extent enjoy the coattails of gold but silver is very much an industiral type metal (it's trading at the same levels from back in early April)
What's queer to me is that platinum (which is far more precious in-terms of rareness) is practically unaffected....up only $2 on October futures at the moment, while gold is popping by $63.
Platinum is about 20X rarer than Gold, but its considered more an industrial metal hence the drag.
Cars sales could be drastically hit.
GOLD is much nicer to work with in jewelry, much better color also.
Plat is very hard to work with, and its Grey as are all other metals except............ Gold and Copper...
No, it wasnt S&P they raided, it was Moody's, but who cares right? its the two heads from the same snake.
BAC is getting it right too...
Bank of America : S&P may downgrade US again in November
"We do expect further downgrades," said Ethan Harris, North American economist, on the call. "We doubt the newly appointed bipartisan commission will come up with a credible long-term deficit reduction plan. Hence by November or December we would not be surprised to see S&P downgrade the debt again from AA-plus to AA."
Japan aint AAA Billy. Nice to hear he almost has that rag out of his throte.
Physical premiums are negative on gold.
Futures price is higher then physical.
Bill Gross is just lashing out because he has been losing much money shorting treasuries lately.
Gross has his fuckyou money in an old money portfolio full of dividends. But he's got to get yield for all his customers to keep the funds rolling in.
That's all he wants; he wants his jew vig. 400 years of ponzi have convinced people that by virtue of having some "capital," that they are entitled to yield as if by magic.
Bill Gross is cheering this, and yet treasuries are rallying. Methinks this doesn't mean what he thinks it means.
I hope everyone ends up in Treasuries again. That would be funny. It would be like if we went into hyperinflation and people raided the donut shop.
They did raid a donut shop (Krispy Kreme) in London last night (search Londonriots on twitter, someone posted some pics). Does this mean hyperinflation (of the waist line that is)? ;-)
These days 'stepping up to the plate' means admitting that the US economy is in deep doodoo
Sorry for the Off topic post...very important. You must stay out of the rain. Tyler I hope you can break this story wide open.
Oklahoma rain as with all of the rain accross the US is very radioactive.
I heard this, saw the video and it seems hes detecting short range alpha radiation.
And?? Yes he is detecting short range alpha radiation at an extreme level as compared to the background norm. Scroll down to "Biological effects". I would bot be out in the rain...
I looked it up, It cant be alpha because it cant pass through anything, even into the sensor of that detector. It has to be Beta.
If it were gamma radiation, he wouldnt need to walk the sample up to the detector. Yeah, dont drink it.
Where does one buy radiation detecting device? Radio Shack in my area does not carry any.
Any coal plants within a couple hundred miles?
Still, one has to wonder if S&P is waiting for some kind of payoff. Thats the way the ratings game has worked for the most part. Otherwise we wouldn't have been cracking jokes about ratings agencies.
The 60 year fed-sponsored credit-binge has made almost everyone look good, and some, like the world's largest bond fund manager, look great.
The final credit collapse will show up the very best for what little they really are.
One is either part of the problem, or part of the solution.
Bill Gross is part of the structure, literally, that is the cancer that's ravaging the United States and the globe.
His hollow words do nothing to change the fact he's sold his soul for money in this life, and no one should give credence to Gross, who is just another vampire sinking his fangs into the jugular of the Ponzified corpse he has helped to create vis a vis his Tango with The Federal Reserve.
I would love to suggest 'Death Of A Salesman' for Gross's eulogy.
yeah, except Gross has fuckyou money now and his own island. He ain't gonna be killing himself for the life insurance
Kospi down near 7% (!)
Hang Seng down 4%
Singapore down near 5%
Kospi got raped indeed. Now ``only`` down 4%...
Who trades that wata kospi? no volume...
Probably old news, but Blythe Masters has her own blog.
and you can tell her exactly how lovely she looks.
Probably is right. I don't need you to tell me to leave comments on blythes supposed website. Hundreds have already done it and the points been made. We don't need to look desperate.
Of course the site is real. BM's a narcissistic twat. And Evil. So, if she reads the comments, she'll merely find them amusing.
God i hate that woman!, Please tell me you are joking? What do you see in her? she's an ugly ass bitch!
she is rather cyborgish, and even a bit mannish -- and perhaps the worst skin i've seen this side of a leper colony. oh, and she does have that sort of 'i am not a good person' vibe to her. and she looks like she would smell of fomaldahyde.
see something; say something
s&p 100% got it right! finally 'voices' from the market are saying this debt/spending/bailout/bandaid Bull Sh*t gotta stop
" I think S&P finally demonstrated some spin. S&P finally got it right."
Calling Dr. Freud... Dr. Freud are you there?
To big to fail and To fucked to face, inflate, devalue, spend, choose your poison, the guy in the street gets it no matter what and theirs no way out.
Ja, Ich bin hier, aber der Econ ist kaputt, tot...Hirnschaden, cactus !
wie sagt man in englisch: buggered up and he died in the Ass !
next: Australia Recession ! (high AUD, shit economy)
vat is it, swine hound? i'm playing backgammon with hegel (the arrogant minx)...had to wait four eternities for this rematch, and i'm on the cusp of crushing his bloated ego. so this better be good.
Vulcan mind "MELDS" KIRK I am!
I respect your crew "Tyler" Don't let US down!
thought the middle class
was/is the status quo...
bill & cards
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.