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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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France to Apply 75% Tax to Soccer Players’ Compensation - http://www.businessweek....er-players-compensation
Quote:Paris St. Germain, France’s richest soccer club, will have more on its agenda than controlling Lionel Messi when it takes on Barcelona, the world’s best team, tonight.
PSG’s Qatari owners also have the tax man to think about. After conflicting messages by government officials, Prime Minister Jean-Marc Ayrault’s office issued a statement today confirming that a 75 percent surcharge on salaries above 1 million euros ($1.3 million) will apply to soccer clubs.
“This new tax will cost first-division teams 82 million euros,” France’s Football League said in a statement. “With these crazy labor costs, France will lose its best players, our clubs will see their competitiveness in Europe decline, and the government will lose its best taxpayers.” Definitely a Napolean will happen in France and very soon... Anyway I'm happy euroland land gubberments are well cornered and they're just helping the expected capital flight to happen. This wealth transfer should be the new focus for developing nations as it'll be greater than export revenues!!! Most of these economies are still on the first step of the stairs flight. #Nairobi financial hub with a spiced up Konza city then add the hydrocarbons mix. Waiting for the SWF wealth effect... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sitting on my hands now as I patiently wait for global stocks to start their nosedive. Highly likely it'll start this month. Cyprus is the curtain raiser. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:Sitting on my hands now as I patiently wait for global stocks to start their nosedive. Highly likely it'll start this month. Cyprus is the curtain raiser. The stage is coming alive with N.Korea war ratchet being fanned by the top global lamestream media CNBC & CNN. Why is the attention being diverted from euroland 
It's time for global stocks to trade at a discount.
http://www.cnn.com/2013/...eas-tensions/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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http://venturebeat.com/2...llet-instawallet-hacked/"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: New-farer Joined: 1/4/2013 Posts: 22
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hisah wrote:hisah wrote:Sitting on my hands now as I patiently wait for global stocks to start their nosedive. Highly likely it'll start this month. Cyprus is the curtain raiser. The stage is coming alive with N.Korea war ratchet being fanned by the top global lamestream media CNBC & CNN. Why is the attention being diverted from euroland
It's time for global stocks to trade at a discount.
http://www.cnn.com/2013/...eas-tensions/index.html
I think the G20 have too much on their plate to go to war. judging by euroland and now japan's move, " things are fragile". what say ye? japan rings bell on deflation death matchjapan : history may repeat itself Dum vivimus, vivamus.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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new wrote:hisah wrote:hisah wrote:Sitting on my hands now as I patiently wait for global stocks to start their nosedive. Highly likely it'll start this month. Cyprus is the curtain raiser. The stage is coming alive with N.Korea war ratchet being fanned by the top global lamestream media CNBC & CNN. Why is the attention being diverted from euroland
It's time for global stocks to trade at a discount.
http://www.cnn.com/2013/...eas-tensions/index.html
I think the G20 have too much on their plate to go to war. judging by euroland and now japan's move, " things are fragile". what say ye? japan rings bell on deflation death matchjapan : history may repeat itself BoJ is trying to buy time by making exports cheap to expand the econ. But this is also destroying the savers returns as well as purchasing power of the yen. It's a zero sum game which won't end well.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Quote:Last week somebody put on a call spread on the VIX using the April 20 and 25 puts. They bought 150,000 contracts for a net of $75 per contract. That is an $11,250,000 bet that the VIX will move over 20 over the next 60 days. You would have to be VERY confident in your outlook to risk $11 million on a directional position with the VIX at five year lows and the markets trying to break out to new highs. As a reminder for those trading global stocks. This was back in Feb 6 2013. That trade was made towards end of Jan 2013. We are in April and so far VIX has rallied from 11 to currently 15s. The strike targets 20 - 25 as equity indices have started April on the backfoot. Sellside pressure is slowly gaining strength. Shorts favoured... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mass deletion of data on former BoC execs computers - http://www.cyprus-mail.c...xecs-computers/20130405
Quote:“Our computer forensic technologists have found that the computers of two employees, (former CEO) Mr. (Andreas) Eliades and (senior manager group treasury and private banking) Christakis Patsalides, have had wiping software loaded, which is not part of the standard software installations at the BoC,” A&M said. “Mass deletion of data appears to have been undertaken on the Patsalides computer on October 18, 2012.” And the show continues... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: New-farer Joined: 1/4/2013 Posts: 22
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hisah wrote:Quote:Last week somebody put on a call spread on the VIX using the April 20 and 25 puts. They bought 150,000 contracts for a net of $75 per contract. That is an $11,250,000 bet that the VIX will move over 20 over the next 60 days. You would have to be VERY confident in your outlook to risk $11 million on a directional position with the VIX at five year lows and the markets trying to break out to new highs. As a reminder for those trading global stocks. This was back in Feb 6 2013. That trade was made towards end of Jan 2013. We are in April and so far VIX has rallied from 11 to currently 15s. The strike targets 20 - 25 as equity indices have started April on the backfoot. Sellside pressure is slowly gaining strength. Shorts favoured... eurozone effect? Dum vivimus, vivamus.
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Rank: New-farer Joined: 1/4/2013 Posts: 22
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hisah wrote:new wrote:hisah wrote:hisah wrote:Sitting on my hands now as I patiently wait for global stocks to start their nosedive. Highly likely it'll start this month. Cyprus is the curtain raiser. The stage is coming alive with N.Korea war ratchet being fanned by the top global lamestream media CNBC & CNN. Why is the attention being diverted from euroland
It's time for global stocks to trade at a discount.
http://www.cnn.com/2013/...eas-tensions/index.html
I think the G20 have too much on their plate to go to war. judging by euroland and now japan's move, " things are fragile". what say ye? japan rings bell on deflation death matchjapan : history may repeat itself BoJ is trying to buy time by making exports cheap to expand the econ. But this is also destroying the savers returns as well as purchasing power of the yen. It's a zero sum game which won't end well. after his $ 1.2 B pay day betting against the yen Soros is not amused Dum vivimus, vivamus.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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hisah wrote:hisah wrote:Sitting on my hands now as I patiently wait for global stocks to start their nosedive. Highly likely it'll start this month. Cyprus is the curtain raiser. The stage is coming alive with N.Korea war ratchet being fanned by the top global lamestream media CNBC & CNN. Why is the attention being diverted from euroland
It's time for global stocks to trade at a discount.
http://www.cnn.com/2013/...eas-tensions/index.html
Tsunami will hurt home, no?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Land prices in Shanghai double in Q1 2013 - http://www.forbes.com/si...ral&utm_source=t.co That's what you call approaching a meltdown at light speed... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Cyprus depositor bail-in was just a one off situation, so the eurocrats said. Well the CEO of Unicredit thinks that a global rule should be implemented to bail-in uninsured large deposits for bank bailouts. http://www.bloomberg.com...s-in-bank-failures.html When the people realize that Cyprus is the perfect experiment for deposits raid soon to become a common practice by failed/broke gubberments, that will be the grandest show... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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"I sure wouldn't want to sell life insurance to Cypriot bankers right now – nor ECB bureaucrats, for that matter." Interesting Doug Casey interview - http://www.caseyresearch...y-all-banks-are-bankrupt$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Alarm bells ringing "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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The blowhorn is trumpeting about stocks - http://www.cnbc.com//id/100610466
US retail investors are piling in with a decade rate of fund inflows into the markets. Both Dow and S&P 500 have hit new all time highs. When wanjikus come rushing in it's usually a time to close shop. The simple logic of 'buy low sell high' is very complicated to the masses... Insider buy vs sell ratio leans towards sell, but higher the indices float. Perfect trap... I wish all states wanjikus joining the party at this very late hour a 'successful' learning lesson yet again. When lamestream media trumpets about equities goodies with buy recos, the goods are usually expired... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And then birdflu happened... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Been keen on the Oil watch & estimate March forwards Averaged $108* (from $116*). April has kicked off at sub $108 (now $104*). Throw in a stronger KES and you know what's up
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