The "up-to-the-minute Market Data" thread

Originally posted by marg6043
reply to post by surrealist

 

Greece has entered what is now a vicious cycle of debt, partial repayment and more debt.

The bailouts that Greece is getting right now are only to go for the repayment of the maturing debt of their bonds interest. So what the countries involved in the bailout are doing actually (US number one) is using tax payer dollars to make Greece look like they are paying their dues back to the corrupted entities that bought their goods.

But actually is our tax payer dollars paying for bankers dues.

no I am not joking.

still Greece and many of the other countries in debt are allowed to sell their debt (bonds) but when its time to pay back they will need bailouts.

What a freaking joke.

Just like US selling its debt to repaid the debt from the last sale.

In other words nothing has changed except the rate at which they need new bailouts. The US and Europe have been on the same program for decades just at a slower pace. How long can this crap continue ... Sigh!

Tis a rumor for now...

www.theepochtimes.com...

Coup in Beijing, Says Chinese Internet Rumor Mill

The message says that now both sides, Hu and Wen on one side, and Jiang Zemin and Zhou Yongkang on the other, are mobilizing armed forces. However, only Hu Jintao can mobilize the regular army, which he still controls, according to the message.

The message also claims that forces directed by Zhou Yongkang had taken control over CCTV and the Xinhua News Agency, but that the regular army under the command of Hu Jintao and Wen Jiabao had since taken back control of the news outlets.

reply to post by DangerDeath


Wow a Coup' in China? This could be the begining of WWIII or the stop of it. If China has a civil war, it would cause our economy to crumble. All imports/exports from China were to stop, we're doomed. I think the Coup' is real and spells trouble for China.

Originally posted by merkej23
reply to post by DangerDeath

 

Wow a Coup' in China? This could be the begining of WWIII or the stop of it. If China has a civil war, it would cause our economy to crumble. All imports/exports from China were to stop, we're doomed. I think the Coup' is real and spells trouble for China.

Ha, ha, I don't think so. It would be more like cards shuffling. It can only be power grab.
Last time it was about removing the new NK leader. False alarm it was. If anything happens, most likely we won't know much, and might mean something for economy in the long run. But who knows, it could be a well played simulation, since they are so secretive and can bluff easily.

reply to post by merkej23


OMG, who is going buy US debt now!!!!!!!!!!!!!! how our nation is to wag war on Iran without the help of Chinas bond buying.



This is something we will have to research, darn how we are to get our crap if trade gets interrupted by civil war, how about the needed metals and minerals for littler gadgets that US consumers are so fond of

as i look for any advantage in picking up Gold related stocks/shares
i wanted to give a heads up that Randgold is down over 10% because of the Mali uncertainties

LONDON, MARCH 22 – Gold miner Randgold Resources
said its operations in Mali, which account for roughly two-thirds of its production, are running normally,
despite worries over unrest as renegade soldiers say they have seized power in the West African country.


Concern over Randgold’s Loulo, Gounkoto operations and its joint venture Morila weighed on the miner’s shares on Thursday, trading down 15 percent ...




Other miners with significant operations or exploration projects in Mali include IAMGold and Cluff Gold — with the latter down 9.4 percent — while AngloGold and Gold Fields are also working in the country.

AngloGold said it was monitoring the situation but its operations had not been affected.

Mali is one of the most significant gold producers in Africa, alongside Ghana and South Africa, and gold is one of the country’s top exports..

www.euronews.com...


i have already availed my self of potentially 10 shares with a approx. 10-12% discount included, a lot of stability is afforded Randgold because many big Institutional Investors have large holdings... so if you miss this 10-15% downward move you will have missed a very elusive opportunity....

So far, the heaviest blow to the banksters

Banking services withdrawn: Madrid escorts declare sex war

www.rt.com...

Madrid’s high-class escorts have found a way to regulate the Spanish banking sector. The ladies want to have their say in the economy by withholding sexual pleasures from bank employees.

The largest trade association for luxury escorts in the Spanish capital has gone on a general and indefinite strike on sexual services for bankers until they go back to providing credits to Spanish families, small- and medium-size enterprises and companies.

It all started with one of the ladies who forced one of her clients to grant a line credit and a loan simply by halting her sexual services until he “fulfills his responsibility to society.”

The trade association's spokeswoman praised their success by stressing the government and the Bank of Spain have previously failed to adjust the credit flow.

"We are the only ones with a real ability to pressure the sector," she stated. “We have been on strike for three days now and we don't think they can withstand much more.”

Originally posted by DangerDeath
So far, the heaviest blow to the banksters

Banking services withdrawn: Madrid escorts declare sex war

www.rt.com...

Madrid’s high-class escorts have found a way to regulate the Spanish banking sector. The ladies want to have their say in the economy by withholding sexual pleasures from bank employees.

The largest trade association for luxury escorts in the Spanish capital has gone on a general and indefinite strike on sexual services for bankers until they go back to providing credits to Spanish families, small- and medium-size enterprises and companies.

It all started with one of the ladies who forced one of her clients to grant a line credit and a loan simply by halting her sexual services until he “fulfills his responsibility to society.”

The trade association's spokeswoman praised their success by stressing the government and the Bank of Spain have previously failed to adjust the credit flow.

"We are the only ones with a real ability to pressure the sector," she stated. “We have been on strike for three days now and we don't think they can withstand much more.”

LOL or is that lack of a blow? So we found the key cut these bastards off of their sexual pleasures that they pay for and things happen... Hookers unite and save the world...

reply to post by hawkiye


Interesting that while in countries like Spain the "private escorts hold the politicians and bankers by the balls" here in the US they are nothing but servants, when they get out of line they will suffer the same fate as the legendary "DC madam, I wonder if here in the US the dirty corrupted rats that seek the services of this ladies make them sign privacy and disclosure papers.

Originally posted by marg6043

 

I wonder if here in the US the dirty corrupted rats that seek the services of this ladies make them sign privacy and disclosure papers.

yes, there is big $$ involved
local escorts are recruited by the advance crew, well over $2k for a 3 day weekend & bonus money for other 'friends'
the contracted gal recruits for the Convention or Political rally....
from what i understood, the original contracted escort gal was the only one to sign anything
the other 5 or 6 friends were not contracted nor obliged to a silence code

i don't know if this was a fabrication by the 'escort', or a fantasy to impress friends or just what brought this insider knowledge my way... but myrtle beach has a lot of big doings at the convention center which are in the 8-10k large in attendance,
these are not hotel conference room seminars we are talking about

reply to post by St Udio


Leave it to Americas corrupted politics, dirty at its finest, I always feel that the DC madam was killed.

It's show-time again:

OECD urges eurozone rescue fund boost to 1tn euros

The head of the Organisation for Economic Co-operation and Development (OECD) has said that the eurozone needs to double its bailout fund to 1 trillion euros ($1.3tn, £836m).

Angelo Gurria said the eurozone must show investors they have the "firepower and by God... I'm going to use it".

But German Chancellor Angela Merkel said that she would favour only a temporary increase to 700bn euros.

Some fear that the fund could not cope with another bailout...

Source

But hey, what's 200,000,000,000 to 500,000,000,000 euros between friends?

So, after Greece, it is Spain...

Spanish workers hold general strike over labour reforms

Outside Atocha - one of Madrid's main rail stations - pickets waved red union flags and blew shrill whistles as police looked on.

One protester in Madrid, 31-year-old Angel Andrino, said he had been sacked a day after the labour reforms were approved in a decree last month.

Accompanied on a march by his parents and brother, he told the Associated Press news agency: "We are going through a really hard time, suffering.

"The rights that our parents and grandparents fought for are being wiped away without the public being consulted."

The UGT union said that participation in the strike was "massive" and that virtually all workers at Renault, Seat, Volkswagen and Ford car factories around Spain had honoured it during the shift.

Let me guess. German tax collectors applying for intensive courses in Spanish...

www.bbc.co.uk...

I think this is worth pointing out, as it relates to the state of another major European economy:

Italians shocked by self-immolation protests

It appears to me the MSM have been underplaying what has been going on in Europe of late, as if to say the problems have gone away as a consequence of the Greek bailout. They're either ignorant, or on a leash.

Probably both.

If healthy governments are forced to increase bailout reserves for unhealthy countries unnecessarily, then they are lowering their capacity to loan to healthy European economies. Which has the potential for a higher return: Back-stopping the weak parts of the European economy or providing capital to healthy parts of Europe? Sort of like throwing good money after bad to some degree. This move only serves to weaken healthy components of the European economy.

Interview with Martin Armstrong

www.safehaven.com...

HRN: Can the Euro survive?

Martin Armstrong: I don't think it will go off the boards. I think they will do everything in their power to keep it there. Politicians never want to admit a mistake. If they have to inflate they will inflate. Germany has capitulated.

HRN: Will this cause another financial crisis?

Martin Armstrong: The next crisis we're going to see will be from 2015 on. It doesn't take more than a three year old with a pocket calculator to see the long term trends.

HRN: Do you mean the European sovereign debt crisis?

Martin Armstrong: It's not just the Euro zone. The entire idea that you can borrow perpetually year after year and never pay anything back and that, somehow, that's less inflationary than if you just print money is absolutely insane. In the U.S., if we had just printed the money, the national debt would only be 40% as much as it is today. We're both creating currency and also paying interest on it.

HRN: Do you see Japan as having the same problem as well?

Martin Armstrong: Japan's debt is slightly below 300% of GDP. The only reason the yen has remained strong is because money is being drawn back into Japan. I think we're approaching a bottom in Japan that will be followed by inflation and that will probably be the last straw.

HRN: How would you compare the U.S. dollar to the Euro and the yen?

Martin Armstrong: The U.S. dollar is the best looking of the three ugly sisters. Europe is a basket case because of its structure. They'd have to federalize Europe and I don't think there's a political will to do that. Japan is totally hopeless at this stage.

And a very interesting account on Julius Cesar: Anatomy of a Debt Crisis


www.inflateordie.com...

So we need a strong dictator to set things right.
otherwise corruption will bend things, and make things worse.
an interesting Idea that there needs to be someone more powerful than merkil
and the bankers to be able to bring order to chaose. the more dis-enfranchised the populace
become the more likely they are to roit, and cause revolution. if the greek or spanish
revolted against it's government do you think it would be reported as just a few rioter.
with 25% of people unemployed the chance of revolt becomes more real.
personally i think it needs to happen, the people of greece and spain need to stand up.
and say no we will not go quietly into the night. we will not pay with generations of
hardship to keep the bankers happy. this is there moment to shape the world.

Armstrong says "statesman" not "dictator".
Anyway, I think those countries or peoples who already had a revolution will never do it again.
They will just rot.

FYI
Reuters reporting.

The Foundation for Economic and Industrial Research projection (IOBE) in its quarterly review says Greek economy will shrink 5% this year and unemployment will reach 20%.

The EU Commission and IMF forecasts contraction of 4.7-4.8%

Statesmen have too little power to succeed over the intersts of the banks.
dictators usually have the will to make reform (in the beginning) and lack any
conpunction in enforcing change. the trouble then becomes removing them afterwards
when their own power becomes intrenched.
It seems that we might be at the end of the cycle of libralization and changes toward
democracy, the people have less power to effect change, unless we are willing to lay down
our lives in aid of it like those brave people in syria.
The days of dictators and empires are ahead.