In an ongoing follow up to my commenting on bad elements coming to the US an tunnels available for the connected to get in ! Again today another big one is found ! How many are there an how many ppl have entered over the last few years an what are they planning an when !
SA flash on Congress on Yuan. Saying 85%. Not close calculate BRIC #s an China's new oil dealings 65% tops.
5:18 AM With China laying the groundwork for internationalization of the yuan, the renminbi could "mount a challenge" to the dollar in 5-10 years, a Congressional report says. The yuan still has much catching up to do, though, as it accounts for 0.3% of international currency trading while the dollar is involved with 85%
NOTE : Big comments from Merkal now. No Eu bonds ! Not going along with ESFS banking license ! Lets see what is really the deal as Bloomberg always plays fast an loose with facts !
Again France ! To me it's all about them ! French - German Bond spread at life time high ! 3 .755 10 year is where Italy was one year back. Will they follow Italy ! France at 6% would mean ?? I don't want to even think about it ! Today it makes lead on CNBC, but, way too late. The press waits to see flames an ignores smoke !
All need to remember France France France.. they are the big holders of all the Italy an Spanishbank debts an their AAA is teetering Look at their 10 yr an the BUND.. Widening an CDSs up !
And, who knows what value are the CDSs,so, it's France ! whoopie !
double.. You sound like all my screams ! And, if you think BRICS an OPEC dumping $s an China buying EU crap an other countries wanting to go US $ less is a conspiracy so be it. The IMF will be forced to move an soon. Geitner will not get the 20 years he is calling for and a 50% dollar drop would give the politicians the world as the scapegoat an cut the debt in half without them having to do the right thing! Not conspiracy,but, "thee" plan ! Get out of dollars! Even Buffet said that ! Land or multi stocks! not $s ! gb
I think the "market" knows about banks an share prices reflects it ! Houses of cards describes them well. All they are now if wards of Ben B and he will bail bail bail ! Secretly if need be. I always watch Hal Turners Amero video when ever I get blue ! gb
Funny when i/we tout diversifying savings you get all kinds of wacky responses. China wants this an EU wants that an the US dollar will always be "reserve".... I think the fact the Sec Geitner says clearly that the US dollar will have to lose the reserve status in time ( 20 years ) is telling ! All should listen carefully an open there eyes an see the $ share of world trade has dropped 50 % in only 3 years ! Wake up an listen to MJ... She gave you the actual phone number to call ! lol
Update. Senior note will be at great rate. 2.7% from what I am seeing. At that rate take the money even if you don't need it to fund business and if not needed an such a good deal ! Give it to shareholders seems a true show of confidence ! No ?
NY Times chimes in ! Did they read the tea leaves an see Iran will use there stooges in Gaza. Well Israel hits Gaza an Hezbollah has reson to help their brothers an Iran is playing the game as planned as all eyes are on Syria !
Paulson Scales Back Position In GLD By Nearly $2 Billion [View article]
Paulson's reason WAS crystal clear. When your funds are getting hammered an redemption's are growing you sell a portion of your big winner to fund your HUGE blunders ! And, he sold when his Chinese real estate deal turned out to be a big scam an he sold it at a 90% loss. That was reason for gold sale. No reason ! Simple common sense tells a first grader before he takes economics at Harvard ! geees ,gb
QuickChat #213, November 14, 2011 [View instapost]
QuickChat #213, November 14, 2011 [View instapost]
Sorry, link didn't take from above post
QuickChat #213, November 14, 2011 [View instapost]
QuickChat #213, November 14, 2011 [View instapost]
http://bit.ly/tF5JnC
QuickChat #213, November 14, 2011 [View instapost]
5:18 AM With China laying the groundwork for internationalization of the yuan, the renminbi could "mount a challenge" to the dollar in 5-10 years, a Congressional report says. The yuan still has much catching up to do, though, as it accounts for 0.3% of international currency trading while the dollar is involved with 85%
NOTE : Big comments from Merkal now. No Eu bonds ! Not going along with ESFS banking license ! Lets see what is really the deal as Bloomberg always plays fast an loose with facts !
QuickChat #213, November 14, 2011 [View instapost]
http://bit.ly/rQBxlO
QuickChat #213, November 14, 2011 [View instapost]
QuickChat #213, November 14, 2011 [View instapost]
QuickChat #213, November 14, 2011 [View instapost]
Look at their 10 yr an the BUND.. Widening an CDSs up !
And, who knows what value are the CDSs,so, it's France ! whoopie !
QuickChat #213, November 14, 2011 [View instapost]
Even Buffet said that ! Land or multi stocks! not $s ! gb
QuickChat #213, November 14, 2011 [View instapost]
QuickChat #213, November 14, 2011 [View instapost]
QuickChat #213, November 14, 2011 [View instapost]
QuickChat #213, November 14, 2011 [View instapost]
http://nyti.ms/uM2rmv
Paulson Scales Back Position In GLD By Nearly $2 Billion [View article]