give it time the gov will come alone and pump the monkey up
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give it time the gov will come alone and pump the monkey up
http://www.thestreet.com/story/11237...ial-loser.html
BAC stock
7.38 -0.53 -6.70%
Guess Warren Buffet ain't too happy.
I have to wonder if he still has that (preferred - not common) stock. Also, he probably hedged it with put options.Quote:
Originally Posted by platinumdude
he has preferred the rich dont get common stocks . that way he can make his side bets
CurrentDebt Held by the PublicIntragovernmental HoldingsTotal Public Debt Outstanding08/31/201110,024,253,354,407.074,660,039,640,336.8614,68 4,292,994,743.93 ... http://www.treasurydirect.gov/NP/BPD...application=np
Look like food is the only thing up .... Grains and Oilseeds Quotes ... http://quotes.ino.com/exchanges/cate...insandoilseeds
But Bank of America is still higher than when he bought it isn't it? He may have sold it allready too...
Hmmm interesting you put Gold in the food category...Quote:
Originally Posted by mick silver
;D
some day you maybe trading gold an silver for food the way the shits going
futures currently down about 250
well see what tomorrow has in store for us...
Can't wait, have coffee, will swig.
Labor Day Market Bloodbath Gold Tops $1,900
By Gerald Celente
9-5-11 KINGSTON, NY -- As Americans celebrate Labor Day (the worker's holiday for workers lucky enough to have jobs), the financial news from across the pond is anything but celebratory. Today, the equity market meltdown * that saw US stocks logging their worst August in 10 years * hit Europe even harder and sank major Asian indices to yearly lows. Today's sell-off, which began with the Asian markets falling some 2.5 percent followed by a 5 percent drop in European markets, is setting off frantic alarm signals. Just two of the 45 markets tracked by Standard & Poor's Indices rose during August, and September has begun on an ominous note. The summer collapse I predicted is underway, and there is much worse to come. (<http://enews.trendsresearch.com/q/TA...1nE7KUEPeroxyf
vJZmRzf8r5Rxo0Mbl0wmQ2xVFGXLACaVi6O>See Trend Alert®, 13 June 2011, "COLLAPSE: IT'S COMING! ARE YOU READY?") Trend-conscious Trends Journal subscribers around the globe take note: The world markets are in meltdown, and nothing, but NOTHING, that "policy makers" make up will reverse it. American subscribers, who may well be tuned out of the news and in a holiday mode today, could find * if Europe is a harbinger of what to expect tomorrow * the day after tomorrow bringing panic to the Street. Do you know where your money is? And if you want it, will you be able to get it? European, American, Chinese it doesn't matter. The banks are taking a battering. Just today, The Royal Bank of Scotland fell 12.3 percent, Deutsche Bank 8.9 percent, and Société Générale 8.6 percent. In the last six months, major US and European banks have lost about half of their value. Fears are mounting that some European banks would not be able to meet their debt obligations if they were forced to recognize the existing losses in their balance sheets. Despite years of promises to remedy the sovereign debt problems by the European Central Bank and the International Monetary Fund, it is becoming obvious they will not be able to do so. Is that why, as ECB data reveals, European banks have been withdrawing their cash from the European banking system and transferring it to the US as indicated in data released by the US Federal Reserve on Friday? Take action as appropriate. With gold closing today above $1,900 an ounce, my forecast for "Gold $2,000," once roundly ridiculed, is now, for all intents and purposes, realized. ©MMXI <http://enews.trendsresearch.com/q/iymg6ELs1
4DBwr_skbpg_oR1flvJ9rMnwJ_g_zRBYumsE__BGXWyvFEKK4> The Trends Research Institute® http://www.rense.com/general94/labord.htm
I have a feeling we will get a good plunge today, I haven't watched futures or anything apart from noting that Europe turned down last hour and gold is up, sooo....
G'morning plungers!
Starts down -59, not a plunge yet but a good start! ;D
This ain't going to hold up like a quarter percent now!
PLUNGE BABY PLUNGE!
And away she goes!
They are playing it up a few days and then down a few days. The controllers know when to jump in and when to jump out.
That's because the bernake started speaking at 1:30 eastern I believe.
http://finviz.com/image.ashx?dow&rev=634510862834642755
breakingnews.comQuote:
Qe mark 3 has arrived
After Obumma's speech, I think reality is creeping into the minds of productive players. What did he say?
A pocket full of posies, a wallet full of hope and a purse without change...
and we are heading for ashes, ashes, it all falls down.
Now down more than 300 pts.
I just realized that this is primarily a monetery issue. The EURO is crashing. The flight to the dollar will be temporary. Once the Euro hits bottom, the USD is next.
Quote:
Originally Posted by Spectrism
While PM's drop at the same time..... Nothing strange going on around here at all....
-341, yehaw!!!
337 down we have gain a few points
I'd wager they want to maintain the 11K for the close.
Rumors of Greece defaulting this weekend, 9/11, et al. I think people are playing it as safe as possible right now for the weekend.
US Dollar77.178+0.932 +1.20% dam a few days ago the buck was down to 73 something what made it run like this
10992.28 -303.53 (-2.69%)
2011-09-09 16:00:57, 0 min delay
http://quotes.ino.com/chart/intraday...f&w=15&a=2&v=w
Dow Futures -160.00 / -1.46%
perhaps she'll continue her downward trend...
Looks like all of the earmarks for a bloodbath. Close today in 10K territory?Quote:
Originally Posted by gunny highway
that doesn't seem out of the realm of possibility, especially with the Greece default apparently imminent.
I've just noticed something about the Wall Street Journal market charts: (which won't allow posting, you have to view at the homepage: http://online.wsj.com/home-page) They don't show the initial DROP of the day. They take it from morning's bottom & show the upticks.
Psych or what??
Now I doubt they do that w/ the upswings. But I could be wrong since I more likely follow finviz for charts/news, as below:
http://finviz.com/image.ashx?dow&rev=634514378308906250
http://finviz.com/
Thought it was an interesting psychological ploy... & curious when they started this technique.
Metals following as well...
Going to be a busy week, that's for sure.
Looks dollar driven too... so we know its crap...
http://www.finviz.com/forex_charts.ashx
I am within inches of selling a couple 10oz bars. I bought in at $18/oz and the buyer will give $38/oz.
I need either a rifled-barrelled shotgun with a scope. Either that or I just need a better scope for my short barrelled assault shotty.
Scoped shotguns only serve one purpose IMO. Deer hunting in zones that don't allow rifles for hunting.Quote:
Originally Posted by Awoke
thinking of doing the same. i need a scoped muzzleloader before december.
That is precisely the purpose, my friend.Quote:
Originally Posted by LastResort
Not a good sign, lately metals esp. Gold has been moving opposite to the stock market...Quote:
Originally Posted by MNeagle