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"Material Banknote Order Reinstated"
Another hint?
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 7, 2012) - Fortress Paper Ltd. ("Fortress Paper" or the "Corporation") (TSX:FTP), announces that its wholly-owned subsidiary, Landqart AG, a leading manufacturer of banknote and security papers, has had a material banknote order reinstated. This order was unexpectedly suspended in the fourth quarter of 2011 which negatively impacted the financial results of Landqart's operations in the first half of 2012.
Chadwick Wasilenkoff, Chairman, Chief Executive Officer and President of Fortress Paper, commented, "The recommencement of this previously delayed order will provide Landqart with momentum to realize additional orders and maximize operating efficiencies. This important order allows Landqart to better optimize the overall mill and should provide a meaningful contribution to its margins compared to recent quarters."
About Fortress Paper
Fortress Paper operates internationally in three distinct business segments: dissolving pulp, specialty papers and security paper products. The Company operates its dissolving pulp business at the Fortress Specialty Cellulose Mill located in Canada which is also in the process of expanding into the renewable energy generation sector with the construction of a cogeneration facility. The Company operates its specialty papers business at the Dresden Mill located in Germany, where it is a leading international producer of specialty non-woven wallpaper base products. The Company operates its security paper products business at the Landqart Mill located in Switzerland, where it produces banknote, passport, visa and other brand protection and security papers, and at its Fortress Optical Facility located in Canada, where it manufacturers optically variable thin film material.
Well, if the chart of De La Rue is any indication of how banknote printers respond to potential European disintegration, it just may be that the best hedge to a VIX soaring to 80, aka "disorderly Grexit" as explained earlier by Citi, just may be TSX:FTP.
In the meantime, here is the swiss-security-paper complex of Lanqart:
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One hundred for them, one for me...
One hundred for them, two for me...
One hundred for them, five for me...
Not bad work, if ya can get it.
With digital currency being all the fad, Apple should just develop a currency app for all the primary dealer banks. This way banksters can print mobily and distribute to iPads, iPods, iPhones, etc.
You likely thought you were joking, I bet. But behold!
The Royal Canadian Mint is challenging software developers to create apps for MintChip, the evolution of currency.
http://mintchipchallenge.com/
We're gonna pay them with ice cream?
Fukin A! That's the answer!: "Brown (chocolate)" electronic ink!
They must be printing them today and slamming them into the equities.
What's today's BS excuse for a runup?
Markets headed to the moon because everything is collapsing. And I'm going jogging.
Blow off some steam.
This must be proof of the FREE MONEEZ for Thingamajiggers!
Bingbacks for Detroit?
But I thought Detroit was coming back:
http://www.freep.com/article/20120608/NEWS01/120608025/1001/rss01
As farmland ...
careful Bernanke .... that paper can (and will) be used as evidence in a court of law
EXACTLY! And the sooner he's exonerated in a sham trial the sooner he can sail, permanently, into his carribean resort.
Court of law?
LOL, good one!
"material banknote" = soon to be a contradiction in terms
Just have to finish fully demonizing them as "terrorist accessories" first.
BRAVO, ZH. BRAVO.
It could be due to the less than perfect introduction of new Canadian polymer banknotes. It seems that they melt if they are accidently put through a clothes dryer.
We wanna go back to beaver pelts. (I do, anyhoo.)
My silver and gold do not melt in a clothes dryer
Does this mean they are not money?
You mean you have not lost your silver and gold in a boating accident?
(Was it indeed my alter ego that first suggested boating accidents on ZH? Methinks so. Recognition evades me. Good thing too)
Fun to speculate. Wonder if this could just be the printing of more Euros, some sort of digital to paper conversion, to fund the bank runs at the southern periphery.
The rumor I heard was the order was for the launch of the commemorative U.S. Liberace $3 bill.
Not that I'm against that, or anything.
Yep. Heard that it will be used to make change for the new Barney Frank $9 bill.
Not that there is anything wrong with that.
Actually its the commemorative Bill Clinton $69 bill. Fills that niche when a hundred's too much but a fifty may not be enough.
Perfect monetary note to fuel any 3AM binges ...
I know you guys are bussy but Rand Paul Endorses Mitt Romney (Officially) http://www.dailypaul.com/238432/rand-paul-endorses-mitt-romney-officially
Could it be Rand for v/p and Ron the new head of the FED.
there's no such thing as a 'former' Ron Paul supporter. what a fucking sellout.
Scumbag Rand meme now in play.
http://memegenerator.net/instance/20975289
It doesn't matter what happens with Ron Paul or his son.
Too many people are awake.
http://www.youtube.com/watch?v=1XvKJu8gp64
and they are finding out what is really going on.
http://www.youtube.com/watch?v=buiO1K_kRSg
http://www.youtube.com/watch?v=VJpUQ-6cZrE
Once you find out the truth, it doesn't really matter what they do.
HAPPY FATHERSDAY DAD!
BTW I'M SUPPORTING THAT Rich ROMNEY guy, & please pass the mashed potatos Dad...
Only at Zero Hedge. LOLOL!
If you have time watch this movie Rollover with Kris Kristofferson. Pretty good interpretation of money markets.
http://youtu.be/RDWWENGUhO4
If they send them by boat, will they be floating the currency?
Consider how many people know which country they are going to. Trading advantage?
FYI - Fed cartel goes after smaller banks, looking to take out their competition. This is what the Fed was formed to do.
http://www.forbes.com/sites/halahtouryalai/2012/06/08/fed-shocks-small-b...
Will they get paid for that order in the same currency/bank notes they printed?
I was just going to post the same thing. I'd only want payment in gold or silver if I were a printer.
If you're a printer, you get paid in whatever currency you want. Including commemmarative Liberace $3 bills.
Even maybe a villa in the Riviera vaudoise ^^
order with confidence, discretion assured
Is this the leak that BO was pissing and moaning about thismorning?
Leak and pissing...pun intended?
That huge building just for cntrl-p?
I'd be happy to let them use my ink jet if I can keep the rejects.
You know, as souvenirs, or wall paper...
i suppose this is the only fucking way we'll find out if that private institution known as the Fed is fucking us 'little people' with no lube?
clever forensic approach as always, TD.
Joking apart, it 'could' all be nothing more than an extra printrun for the the SNB 9th issue notes due out in 2012.
http://en.wikipedia.org/wiki/Swiss_banknotes
God knows, they've expanded their money base enough recently.
EURCHF at 1,2004 currently..
Gotta give it to theTylers, great find. OT UBS suffers a posible $350 mil loss on facebook. LOL!
THat is wicked
$SPY 3 dome formation pattern. Has been showing great roadmap in real time. http://humblestudent777.blogspot.com/
We should have seen this coming. Hard to have massive babk runs if you run out of cash. People could get cranky.
So Much exciting about this, it is just Hasbro ordering for his new world order monopoly version....
as winston wolf once said: "Well, lets not start sucking each others dicks quite yet"
9th series of SWISS banknotes to be issued in latter half of 2012.
http://www.nzz.ch/aktuell/wirtschaft/uebersicht/snb-banknoten-1.4999736
http://www.snb.ch/en/mmr/reference/pre_20120209/source
It cant be Drachmas as last I remember, the Greeks had ran out of paper for the Tax forms.
How will a broke Central Bank place order for a currency print. He has no money to pay?
They will just print Drachmas on the backs of the used tax forms.
Market will sell off this afternoon ahead of DREADFUL Chinease numbers. I expect us to end the day down 0.5% on the SPX.
We will get nothing more then a BS statement this weekend about "Europe standing by ready to assist Spain if they need it". Nothing concrete because Spain doesn't know how much money it needs yet and Germany hasn't decided on the terms of surrender,
Next week all eyes will be on the Greek election. There will be a lot of false rumors floated about PASOK and ND alliance being ahead in the polls as the MSM tries to engineer a risk on rally, but by the end of the week we will have sold off hard. I'm thinking down 3%-5% for the week.
The bank note order is to prepare for GrExit. The markets will go so bat shit insane that Spain will have to quit pretending and hand Germany full political control in return for a full rescue package.
Then the debt bandits will start to pounce on Italy and France.
We end June at or below 1,240.
Market will sell off this afternoon ahead of DREADFUL Chinease numbers
Try ordering without MSG
Obama-Dollars or Bernanke Bucks ? This could be the start of the Greenspan Greenback or simply the New Dollar
Neither. Actually, the order is a a shitload of CANADIAN TIRE dollars.
I'll show you Chart de La Rue: http://www.defensereview.com/wp-content/uploads/2009/04/LaRueTacticalStealthUpper16_Target2_MikePannone.jpg
Helicopterz, beotchez.
This paper. It is a bad investment, I tell you. You spend all kinds of energy cutting down trees to get at the wood pulp that is hidden in them and then run the pulp through some advanced production processes all to generate an item that gets hidden back in a mattress.
Hormel bucks, each one is worth one 12oz. can of SPAM.
G&S, the printers, in my neighborhood in Munich, Germany. No buildup of trucks there, so no particular alarm here.
Greece ordering paper for Drachma printing.
Spain ordering paper for Peseta printing.
Germany putting in a super-secret order for Deutschmark printing.
France not ordering anything as they will be the "Maginot Line" for the Euro (last to leave).
go long phyzz zigZags, eb! you can trade for a chicken dinner anywhere!
eb...,
Good. The French and the Quebecois are treacherous; leave them with their vain political experiments and let's see how they manage those who believed their lies in Europe, the Middle East and Far East.
L0L!!! nu_gland!
in the farEast they got their asses kicked in '54. so we went in and lost to the same guy! fuking bodies everywhere! coast-to-coast here, too
if we hadn't slammed the gold window on their fingers, they woulda took it all...
those frenchie guys boondoggling up in the north country? at least they got rid of that styooopid colonial flag... plus, they have flipped their canoes everywhere!
now, they have gone insane; so far, just little stuff like libya (french aircraft carrier shuttling in and out of cannes~thank you, angela) and syria... clearly, they are gonna take a v. nice slice of the EU pie and with the brits are commanding our forces thru the UN and NAT0
did i mention the IMF...? and the nukes the nuke industry and the plutonium-weaponized power plants? and the leukemia?
D-Marks or Drachmas? Pesetas? Lire?
So who makes Canadas new plastic bank notes...?
BABN and CBN.
Michelin ...
The order was suspended after ben arranged that Nov. 30 currency swap that he told Congress on Dec. 11 he didn't do.
Go long on FTP, or at least until the print machine stops. 17.5% since this morning
dbomb,
And it's still a teeny share cost, compared to the better known major printer of paper money and securities.
True, but you cant really buy up shares of that one
:-)
3.50
http://www.youtube.com/watch?NR=1&feature=endscreen&v=HmZKE1JUv-g
wait until the next iteration of "cash" is digital
No worries. The Fight Club and GATA have it covered.
ONE LAST BIG THING BEFORE I START MY SHIFT...
GO CELTICS, BEAT the heat!
we love our CELTICS!!!
a team, a real fucking TEAM!
kill the primadonnas; murder them all.
http://www.youtube.com/watch?v=dVPaUvNOQPw
(but, king james...damn, i mean DAMN! what a show last night -- kudos and much respect)
janus
Rajoy in the role of G-Pap when faced with Merkel? I won't, I won't ...oh awl rite I will! ...that contagion for u !!!
€uro$ars ?
Cheers my dears for the tip off much earlier today. I bought it instantly. Let's just see if I lose more money than the money printers :-) Game on...
Weimar (The Sequel) until they run out of trees and then they will hit the reset buton and provide us with electronic credits.
http://www.theglobeandmail.com/report-on-business/international-business...
A golden idea to save (or doom) the euroIts starting to hit the main stream Media..
VIX 25 = " Spool/up the whirley birds" , Do those things run off of {JP-7 or JP-8 } kerosene?
China sure threw a " Baby Ruth " in the pool!
go to 9:00 and 11:20, 15:00, 17:00, 20:30 -- max keiser on silver for greece outstanding stuff
http://www.youtube.com/watch?feature=player_embedded&v=ckMWtxBE-HU#!
especially with rand paul publicly selling out today
2nd video
http://www.youtube.com/watch?feature=player_embedded&v=iXo3Sf0Vvi4#!
2:20, 5:15, 6:30, 8:45, 11:30, 15:00 – 16:00 & 17:30 is the best part; 16:50, 19:45, 20:40
Silver coins with a weight instead of a value is brilliant.
Must.. resist.. urge .to. buy. silver. NDAA has long arms. May send tomahawk.
you guys are over-reacting
no seriously, they're just flashing the system. there are 8 more presses they will need online, 24/7 shifts, when Moonbase Helicopter is launched, and they need to get the system dulled to what that is going to look like in the build up. These will stop popping off like lightbulbs soon enough. Andy Warhol was right: just print and print, apparently.
FUCK RAND PAUL / CANCER 2 U
Did anyone read the the post?
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 7, 2012) - Fortress Paper Ltd. ("Fortress Paper" or the "Corporation") (TSX:FTP), announces that its wholly-owned subsidiary, Landqart AG, a leading manufacturer of banknote and security papers, has had a material banknote order reinstated. This order was unexpectedly suspended in the fourth quarter of 2011 which negatively impacted the financial results of Landqart's operations in the first half of 2012.
Thank You; ED
Ker Plunk!
All rightY Then. Lets trade. Look @ swaps ( 235 pips/ points
The eur/usd will ( possiby)pivot off of 1.24351 / intraday.
I'm watching the cyn/jpy spread!
This has an SDR kind of feel to it?
Blahhhh/ Blahhh ? Come on ?
Weeee are all long? Just like China .025 Basis points ago? Just LIKE Alien (5)?
Just like Divivends( Slew
ie? Plexie Glass
hey, Y/C!
the cny/jpy got you again, huh?
This must be the most stupid news article this year in ZH. Some fucking paper note company is getting more orders and you numnuts think it must be because Germany is ordering new Deutschmarks!
Could be US dollars actually (more than likely Swiss francs tho.) The shortages were extreme in 2008 and "here we go again." One way to get around the logistical problems of getting dollars into ATM's is to "print in Switzerland." I'm sure if there's an actual demand for pesetas, lira, drachma, etc..they can print that too but you won't be able to buy anything with those currencies. Swiss francs probably not because they don't have a big enough "economy" to back a currency for an entire Continent. Plus with "lease/lend" (we'll put US flags on all the gold in the various Federal Reserve Banks) the US will then "lend you dollars" which can go out to..."your people"...which perhaps will buy you something other than total anarchy...which is what the euro money only gets you.
The US Treasury NEVER uses private or foreign printers. All dollars are made by the BEP. This banknote order is probably new Euros to accomodate an expected Bank Run.
Next up, I'm on the WARPATH against Zero Hedge, which I've tried to give the benefit of the doubt lately. Not that they are ALL bad on the PM topic, but for the most part, are barely a notch above Yahoo! Finance - i.e., BRAIN DEAD. Yesterday, I went off on their mindless headlines about "gold plunging" while Bernanke spoke...
-Andie Hoffman
so what exactly does this say about you, mr. trolling amongst unintelligible drivel on Y! finance?
mr. trolling amongst unintelligible drivel on Y! finance? <=== is this all one name? or does it end somewhere in there?
BTW I just pasted that from one of Andie Hoffman's rants. I'm not him.
yOU gUYS OUT -DID Me? Sweet!
The Horse has been Beaten. New Thread Time! Tyler!
I'm " Circumscript" .
Don't panic folks. It's just Zimbabwe.
Dont worry, Chancellor Osborne has a plan to save the uk.
http://www.independent.co.uk/news/uk/politics/george-osbornes-latest-pla...
The Chancellor has told Treasury officials to find ways to persuade savers to transfer billions of pounds held in bank accounts, building societies and investment funds to new government "growth bonds".
just a silly millimeter longer 101,,, any guesses?
C3X portfolio:
http://capital3x.com/think-tank/performance-for-week-9-june-2012/
Testing testing, one two, one two...
Rumormill printing test:
HSBC tests cash machines in Athens for drachmas http://www.thisismoney.co.uk/money/news/article-2153684/HSBC-tests-cash-...
They do this all the time, right?
Maybe this is naive, but does it not matter who ends up with the Euro? If Greece leaves, the Euro strengthens because it effectively becomes the DM. If Germany leaves, the Euro is toast because it effectively becomes the Drachma/Peseta/Lira... Seems like direction matters. Am I missing something?
I can haz real currency for my new monopoly game with high security paper ;-) Thank you LandQart! I just hope its in English