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Stinking EURO Quagmire ...
Central Planning Gone Awry.
And their only Response is "Manip Da GOLD".
Baba Says Have A Beer And Watch And See Who Wins ...
But "what does that mean"?
Talking bears anyone?
No just sit back and look in wonder at the genius of Trichets work in the above charts ...those 2 bank stress tests and fuffing around Europe like a headless chicken for over a year clucking he'd "Stop contagion, Stop Contagion" can be seen as almost Art Neveau
..it takes a highly educated mind to see and fully appreciate the Euro bankers shitting their pants in the above charts
well, the moQ is still somewhere or other, and THE Council which has promised elections w/in 8 months is demanding his surrender as well as those who are still armed and ready, willing, and able to keep fighting L0L!!! US "intelligence" is now saying he is in some desert oasis, so i guess that place will get "surgically flattened" pretty soon if all the "bad guys" don't come out with their hands up the press is now reporting a "total" of 6 who were "rendered" to libya on condiefuking rice's watch "under" g.w. "puppet" bush L0L!!! here's the recent bodycount: At least 30,000 Killed, 50,000 Wounded in Libyan Conflict anyone interested in "doing the math" only needs to "estimate" how many were "combatants", subtract, and get the innocent civilians not protected by the ~10,000 NATO bombings L0L!!! and, as we remember the "reason" that the USA now has a policy of torture and denial of, NOT "human rights", but denial of LAW & JUSTICE to all, please consider what the best freaking presidential candidate of the century has to say about this 9.11 weekend~~~yeah, the guy who has been on the ballot in all 50 states for the last two elections, ralphie-boy nader: The Empire is Eating Itself » Counterpunch: Tells the Facts, Names the Names L0L!!!
p.s. risk off, BiCheZ!
Well the bullish USD seems to have arrived.http://bit.ly/qwB3Ab
EURUSD looking very bearish.http://bit.ly/oYIfxA
Interesting day for the ES today. Only a matter of time before the larger breakdown occurs. It may be unfolding now.http://bit.ly/nlr4c9
If Greece defaults over the weekend, what would happen to the euro?
You're seriously asking?
I'm wondering about the mechanics of it - obviously it would decline, possibly severly. Is it a matter of a rush to safety (that is, dollar assets)? Because that would exacerbate the dollar funding issues being experienced in europe...
yes, Mr. Smarty-Pants Know it All Gene, he is seriously asking. what do you think will happen?
Buffett just stumbled out of the tub muttering something about "picking up some yogurt"??
The Feds will keep their window open for the European banks...It has been open...and it will be used heavily.....he we go again...
When I was in basic training we had a little chant for marching down the days to graduation. Seems appropriate here:
Here we go again
one more time again
marching down the avenue
two more days and WE'LL be through
Sound off 1-2
Sound off 3-4
Bring it on down now 1-2-3-4
The Fed, maybe. OT, commercial banks in the UK have seen 500 billion GBP cross the ocean back to Daddy in the last 18 months.
Make sure you are positioned in FDIC banks, have some cash laying about, invested in counter cyclical equities like gold miners and make sure you can count on your brokerage not going in smoke.
You are guaranteed your stocks, but not cash in brokerages in SIPC rules. So running to cash unless you transfer it out now to FDIC is no guarantee. The brokerages can lose all your cash and its only Self-Insured.
Also, if you have an option account, you may have your stock loaned out from underneath you and "lost"
Remember, hanging onto your cash will be the prime directive as governement amd banks are going to try and confiscate it
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