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I don't see how this can be perceived as anything but extremely bullish.
It's in the name folks. It is actually the finaicial in-stability fund. Of course it's rating is shaky. Downward shaky. Look at who is guaranteeing it.
If you look at subtle moves worldwide, looks like we're setting up for a swift global bankruptcy.
The downgrades are flyign fast and furious now. Even here in India.
Holy Heck, look at Spain. Wow! Thanks Hugo. And look at the complete opposite move in Portugal. That looks veeeeeery interesting.
Spain is the brute, metal, iron, heavy anchor that will drag the EU down. All this is just the chains rattling around, getting ready for the big tug.
...and the reason why bailing out your own bonds isn't really a guarantee suddenly sinks in...
What is S&P doing? We could lower the ratings...or we could affirm them. They can do that all the time!!! why do they make a press statement about it now?
We could affirm the 'AAA' ratings on EFSF, Bob ... BUT IT WOULD BE WRONG, THAT'S FOR SURE!
SP: youse guys need to start printing, or were gonna lower your rating, meaning you have to pay more re bonds
No, this is definitely gold bearish. Look at the chart this morning!<sarc>
What a complete farce. BTFD.
i just sold my gold to buy stocks - seems the only way to make money these days
Enjoy your pennies. Avoid the steamroller.
S&P has still not taken a look at the UK. Anybody else find that curious?
and FITCH about FRANCE?
Rating Agencies = FINANCIAL TERRORISTS
SHORT UK FINANCIALS (specially RBS and Lloyds)
You think Fitch will retaliate ?
Fitch is a hidden french company.
THey will lose power with Dagong and European Rating Agency next 2012.
So they will try to crash the markets..." shake the tree"
Take a look at G10 Debt distribution charts.
Great Ann Barnhardt interview on MF Global
The rating agencies reckon that the Tories will continue with spending cuts to keep the markets happy and given the British people love a bit of misery and suffering (consider the weather, soccer team and public transport) they'll take it.
No they just want to force the hand of the 15 countries to give Germany & France all the power over Europe its all one big con job.
They can print.
Debt/GDP isn't TOO bad yet, but the deficit is completely out of control, so we'll get there soon enough. Thanks for that one, Brown. Just another of your genius moves as a politician.
EFSF is soooo last summit (or was it the one before that?). Looking forward to the next cunning plan from the EZ's Brains Trust.
"IF I HAVE TO STOP THIS CAR!"
"DONT MAKE ME COME BACK THERE NOW!"
This is very bullish. It means ECB will print next week. Another 500 Dow rally.
Any negative news from Europe means ECB will print.
its ok. All problems will be solved by merkozy this week.
Interesting....so the broke countries that GUARANTEE the EFSF...get the same rating.....wow..that was logical...the first logical thing in this market for a long time....I might sober up today on that news
Can anyone figure out why gold is down again? I am so fucking sick of this bullshit. When the US was downgraded gold went up, now with a 1000 point move in equities and phony goverment reports everyone wants equities?
What, you think the markets have to do what your 'analysis' implies? If yes, you're better off putting your money into your mattress.
Another downside resolution to the wedge?
Why complain unless you need to sell today! Take advantage MFL...Gold is up 20% or so in 2011...If it starts going straight up into the $2000's and beyond...Then worry!
I thought we had moved past that little EFSF issue and on to better and more substantial asset conjuring voodoo.
Kidding aside, could it be that there exists some infinitesimal fraction of a scintilla of a shred of a possibility that part of the system is legitimate?
They should all be whacked two notches, just for starters.
It's all going so well. That Wall Street takes any of this seriously sends a signal of desperation that I never thought I would live to see.
The sickness of it all tells me whats coming next is worse than even what I imagined it would be. Horrible sudden collapse.
Clown car go VROOOOM!
This prooves that the whole ESFM and Eurobond smoke and mirror projects are simply bogus. Who does Merkel and Sarkozy think they are fooling?
Pretty sure we can eliminate AAA from the ratings system. Go AA+
Aussie is a legitimate AAA.
Futures stay green...
SAVE THE BONUS!
OCCUPY THE ECONOMY!
i've seen the last page of the oldidorks playbook!
-crash markets overnight
-internet crashes, blamed on terrorists
-no recourse for lost investments!
My 401k! Noooooooo!! 'Please proceed to the nearest FEMA center' on the EAS broadcast.
Did everyone hear the news the Gubment doesnt want you to hear about retail sales? Highest increase was firearm sales.
- Obama declares national emergeny
- Elections called off
- Obama picks -n- chooses which of his enemies he wants to classify as terrorists.
- Terrorists thrown in Gitmo (expanded to accomodate 10's of millions of former Hope'rs and dreamers, moderates, conservatives and libertarians)
- Obama and rest of The Machine take the assets of detainees
I miss October when market went straight up because EFSF was going to be infinity trillion. And we were all going to get a pony.
uhhh, I got mine. Damn thing f'ed-up the UPS truck something fierce. Now it just stands in yard and craps everywhere.
When are the rating agencies going to distinguish between "credit worthiness" and "ability to manufacturer and circulate fiat"? Full faith and credit is now full faith and functioning print-button.
It really is sick, just 3 years ago everyone was dead set against this monetizing every debt out there, now theyre forcing the last holdouts into it or else...psychopaths are in charge.
Finnish Finance Minister Jutta Urpilainen just broke out from the independence day's celebrations and crashed the result of next summit already. Finland will not accept switching ESM to be workable with majority instead of requiring unanimous decision making nor the removal of private sector participancy... (source in Finnish).
So here we go again.
wasn't she doing porn before? i know that face from somewhere...
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