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hisah
#2181 Posted : Thursday, February 16, 2012 9:11:36 PM
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Joined: 8/4/2010
Posts: 8,977
Yep, captures the global financial mood...

https://www.youtube.com/watch?v=4ZiBEV3UIrU
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2182 Posted : Thursday, February 16, 2012 11:23:12 PM
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Joined: 8/4/2010
Posts: 8,977
Brent oil closes @ $120. Sigh Not talking

Quote:
Central banks, whose money printing activities are fueling fears of inflation and driving investors to gold as an un-manipulated store of value, bought bullion themselves last year at the fastest annual rate since 1964.



http://www.investmenteur...ng-fuels-inflation-fears
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2183 Posted : Friday, February 17, 2012 12:27:01 AM
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Joined: 8/4/2010
Posts: 8,977
These days $10 Trillion or even $100 Trillion is no longer an eye popping figure just like KES 1 Trillion is no longer a shocker! Money turning into loads of paper this decade...

http://www.usdebtclock.org/2008.html - Back in 2008

http://www.usdebtclock.org/ - Current debt

http://www.usdebtclock.org/world-debt-clock.html - just stare at Ireland Pray
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2184 Posted : Friday, February 17, 2012 7:07:33 AM
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Joined: 8/4/2010
Posts: 8,977
In US you have Ron Paul while in euroland you have Nigel Farage.

The video below is a collection of Farage's opinions against the EU (DU - Debt Union as he calls it) misguided approach towards the euroland debt bomb ocean.

http://www.youtube.com/watch?v=96j0A7IXQKo
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2185 Posted : Friday, February 17, 2012 7:19:43 AM
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The LIBOR has always been a target of manipulation. But it's interesting to see lame stream media report about it Think

http://online.wsj.com/ar....html?mod=djemalertNEWS
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2186 Posted : Friday, February 17, 2012 8:04:07 AM
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Joined: 8/4/2010
Posts: 8,977
So whistle blowing does pay. A citigroup employee spilled the mortgage fraud committed by the employer and now stands to earn $31 million. The employer couldn't just pay $1 million to buy the employee's silence. What a shame to this bank for not 'practising' the banker's code of conduct of silencing whistleblowers. Soon more whistlers to pop up and spill out the unravelling (since 2008) US mortgage fraud and get paid to boot...

Ad line coming soon 'Get fired for pointing out fraud and secure your retirement pay as a whistleblower from the same employer. No CV required, just emails/docs for evidence. Contact X&Y attorneys/advocates...'

http://www.fiercefinance...lower-get-31m/2012-02-16
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2187 Posted : Friday, February 17, 2012 9:34:39 AM
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Euroland labour wars... workers want more pay, but the system is broke. I thot ze germans had a solid econ...

http://www.heraldsun.com...y-fn32891l-1226273667672
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2188 Posted : Friday, February 17, 2012 10:29:11 AM
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Syria crisis: UN assembly adopts Arab-backed resolution - Bashir had better resign or experience a Gadaffi moment...

http://www.bbc.co.uk/new...rld-middle-east-17065056
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2189 Posted : Friday, February 17, 2012 11:46:45 AM
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Joined: 8/4/2010
Posts: 8,977
Bloody oil cartel... Someone needs to throw a lead concrete slab at these price appreciation.

Crude oil poised to breakout target $108 then $115.



Brent firmly above $120
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#2190 Posted : Friday, February 17, 2012 4:16:39 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Wall Street Thursday close reaches pre-crisis high
http://www.bbc.co.uk/news/business-17069462
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#2191 Posted : Friday, February 17, 2012 4:23:55 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Italy's Catholic Church faces an annual multi-million euro bill over government plans to strip it of its tax-exempt status.
Prime Minister Mario Monti has announced the Vatican must pay taxes on non-religious property, from which it previously enjoyed an exemption.
The annual cost could be up to 720m euros ($945m; £598m) according to municipal government bodies.
Italy's Catholic Church has 110,000 properties, wortha bout 9bn euros.
It includes shopping centres and a range of residentialproperty.
http://www.bbc.co.uk/news/business-17072211

Jeez! I guess it truly pays to be on the side of the Lord!smile
GOD BLESS YOUR LIFE
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hisah
#2192 Posted : Friday, February 17, 2012 4:38:20 PM
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Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Wall Street Thursday close reaches pre-crisis high
http://www.bbc.co.uk/news/business-17069462

Me like this smile

Remember Rastani? That trader interviewed by BBC last yr? The one that was labelled a rogue trader for telling the truth? The one that said Goldman sucks rules the world?

Remember....
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2193 Posted : Friday, February 17, 2012 5:16:25 PM
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Joined: 8/4/2010
Posts: 8,977
Sparta is saved. Hurray! No wonder oil is getting expensive and US markets are cheering with pre 2008 crisis highs.

Very soon Goldman will start doing god's work like back in 2008 - http://www.youtube.com/watch?v=JM-0Ywc7wNY

Greece 1yr bond yield...



2yr bond yields...



$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#2194 Posted : Friday, February 17, 2012 11:08:25 PM
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Joined: 3/24/2010
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Location: Black Africa
Fake US bonds worth trillions seized
http://www.bbc.co.uk/news/business-17076378
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#2195 Posted : Friday, February 17, 2012 11:11:57 PM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Fake US bonds worth trillions seized
http://www.bbc.co.uk/news/business-17076378
GOD BLESS YOUR LIFE
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hisah
#2196 Posted : Saturday, February 18, 2012 8:27:09 AM
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Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Fake US bonds worth trillions seized
http://www.bbc.co.uk/news/business-17076378

Yep. This surreal cases involving trillions of stolen or fake US & Japanese bonds have been popping up since July 2011. This is the 2nd on Italy's soil. Coincidence... Think

http://gainspainscapital.com/?p=1050

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2197 Posted : Saturday, February 18, 2012 8:31:43 AM
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Let us see if this guy moves from one corporate to the other public corporate called gubberment. If Geithner is dropped or resigns, this is the replacement. The game is too predictable these days. Boring stuff...

http://finance.fortune.c...gary-cohn-goldman-sachs/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2198 Posted : Saturday, February 18, 2012 9:40:20 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Bloody oil cartel... Someone needs to throw a lead concrete slab at these price appreciation.

Crude oil poised to breakout target $108 then $115.



Brent firmly above $120

Crude oil closed @ $104. Since Nov 2011, $103 has been tough resistance, which has now been broken.

Nothing is making sense this yr, global markets gone berserk. Expensive oil, recessing euroland, huge econ downgrades by rating agencies & world bank to boot making G10 CBs cranky to go hyper money printing again to avoid deflation, collapse of the baltic dry index (shipping activity) and an expensive USD...
Since this doesn't make financial sense anymore, any holy men here to offer a divine interpretation of the current situation.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#2199 Posted : Saturday, February 18, 2012 9:44:23 AM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Inside the high-end housing market
http://www.bbc.co.uk/news/magazine-17067890
Records are still tumbling...
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hisah
#2200 Posted : Saturday, February 18, 2012 10:13:09 AM
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Joined: 8/4/2010
Posts: 8,977
This is about to start getting interesting.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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