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hisah		#3341 Posted : Monday, March 18, 2013 4:43:42 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		The Cyprus Stock Market Has Lost 98% Of Its Value In The Last 5 Years - http://www.businessinsid...the-last-5-years-2013-3 Thus the bank deposit raid. Smart the eurocrats think. Cypriots have lost on equities, bad economy and now raid their small savings... This is a classic ticking time bomb that any economist or political analyst will run for cover on spotting the smoking gun... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#3342 Posted : Monday, March 18, 2013 5:59:11 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Market talk is that the Cyprus CB says that banks will remain closed till Thur. SMH a bank run is inevitable... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#3343 Posted : Monday, March 18, 2013 6:44:14 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		hisah wrote: Market talk is that the Cyprus CB says that banks will remain closed till Thur. SMH a bank run is inevitable... Rumour confirmed - Cyprus banks to remain shut Tuesday and Wednesday: government source http://www.reuters.com/a...s-idUSBRE92H0M120130318 Quote: Banks in Cyprus will be shut on Tuesday and Wednesday pending a decision by parliament to approve a levy on bank depositors, a government source told Reuters. "Tuesday and Wednesday are bank holidays," the source said. A decree will be released shortly from the Finance Ministry to this effect, he said. Things have tipped here! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow		#3344 Posted : Monday, March 18, 2013 9:27:46 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		hisah, I also found this interesting, in regard to Vatican scandals http://www.prose-n-poetry.com/display_work/10583/ So many murders took place afterwards... GOD BLESS YOUR LIFE
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murchr		#3345 Posted : Tuesday, March 19, 2013 6:54:07 AM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		hisah wrote: hisah wrote: Market talk is that the Cyprus CB says that banks will remain closed till Thur. SMH a bank run is inevitable... Rumour confirmed - Cyprus banks to remain shut Tuesday and Wednesday: government source http://www.reuters.com/a...s-idUSBRE92H0M120130318 Quote: Banks in Cyprus will be shut on Tuesday and Wednesday pending a decision by parliament to approve a levy on bank depositors, a government source told Reuters. "Tuesday and Wednesday are bank holidays," the source said. A decree will be released shortly from the Finance Ministry to this effect, he said. Things have tipped here! Postponing the bank run is useless, the ques will still be there on Thursday "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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hisah		#3346 Posted : Tuesday, March 19, 2013 8:14:26 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		youcan'tstopusnow wrote: hisah, I also found this interesting, in regard to Vatican scandals http://www.prose-n-poetry.com/display_work/10583/ So many murders took place afterwards... Holy monies... Keep reading to spot the church & charity fund links to 'holy monies' and why it's always been untaxed... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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quicksand		#3347 Posted : Tuesday, March 19, 2013 8:19:18 AM
Rank: Veteran Joined: 7/5/2010 Posts: 2,061 Location: Nairobi		murchr wrote: hisah wrote: hisah wrote: Market talk is that the Cyprus CB says that banks will remain closed till Thur. SMH a bank run is inevitable... Rumour confirmed - Cyprus banks to remain shut Tuesday and Wednesday: government source http://www.reuters.com/a...s-idUSBRE92H0M120130318 Quote: Banks in Cyprus will be shut on Tuesday and Wednesday pending a decision by parliament to approve a levy on bank depositors, a government source told Reuters. "Tuesday and Wednesday are bank holidays," the source said. A decree will be released shortly from the Finance Ministry to this effect, he said. Things have tipped here! Postponing the bank run is useless, the ques will still be there on Thursday And if the parliament vote doesn't pass? Will a Cyprus exit from the Euro follow and will that trigger exits from Greece, Spain and Italy in quick succession or will they let Cyprus sink and reign in hard the bigger Euro economies ...or will they let the levy on the deposits quietly drop and meekly handover the 10B lifeline? ...Will Merkel survive oncoming elections? ..Interesting times
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hisah		#3348 Posted : Tuesday, March 19, 2013 8:37:21 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Btw Cyprus stock mart is also on halt till thursday - 'Stocks holiday'. http://www.cse.com.cy/en/default.asp So thursday the CSE, which has crashed 98% since GFC will be back to business (I hope pension funds are not stuck in that crash). The exit stampede should be of equal measure just like the expected bank run. Being a banker in this nation will be a suicidal career. Anyway not to worry, Cyprus is too small a nation to mess euroland, so they say. But I see a Putin curveball coming when least expected. This guy always has nasty come backs... @quicksand - that's why we have a long bank holiday. Must convince all to vote otherwise brimstone falls in cyprus as per the political talking heads. I hope it goes the Iceland way - vote fails and defaults are triggered by March 21. Did Iceland die, nop. The default trigger will send shockwaves to PIIGS. The EU banksters will be pissed, so what... This can kicking just to accomodate the banksters filth has to stop. And the planet needs a wake up call... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa		#3349 Posted : Tuesday, March 19, 2013 10:02:15 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		Stock holiday? Mscheew! GoZ/RBZ put us on an indifinite hibernation at the height of #Casinonomics which lasted 3 months coz it lasted 3 months Life and sanity was a challenge for a mid-20s wanderer/scrub/self proclaimed Contrarian - eish! Uncertainity at its best/worst but graduated out with rugged shock absorbers & noise filters stripes Zimbabwe stock exchange restarts, trades in dollars after 3 months http://mobile.reuters.co...E51I0ES20090219?irpc=932
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Nabwire		#3350 Posted : Tuesday, March 19, 2013 6:12:15 PM
Rank: Veteran Joined: 7/22/2011 Posts: 1,325		Fannie Mae & Freddie Mac are up over 90% in 3 days!!! These are the times I need a crystal ball, dont wanna buy at the top, but I said that yesterday and its now up 30% http://finance.yahoo.com/q?s=FMCC
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