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golfitobob

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  • QuickChat #212, November 7, 2011 [View instapost]
    Obama chose to go around the world an place a phone call. I think he wants the military cuts an hopes for a deadlock an will run against a do nothing Congress. He should have it locked up as only 6 states are in play an his foreign numbers are soaring...

    Too many look at national polls and that is ridiculous. 44 states are locked!
    Nov 14 09:41 AM | 2 Likes Like |Link to Comment
  • "Not since Napoleon will a leader have served a more pointless 100 days," writes the FT's Lex column of Greek PM Papademos. With elections set for Feb. 19, his purpose is to preside over the passage of austerity reforms demanded by the EU/IMF, but then what? Already in depression-like conditions, the economy is set to deteriorate even more, likely overwhelming any attempt at reducing the budget deficit.  [View news story]
    TVP, it's all bad ! There are many 1000's who love Ben for it an he is forcing the money into the market. A desperate attempt to create inflated market wealth ! Where else can Americans put there money ?

    The smart ones are going offshore an out of dollars !
    Dem politicos are SAYING all is well an on the right road ! Republicans telling the truth an stop the spending and follow Greeks an Italians ,but,that is not the message Americans want to hear.

    Funny, both new non electd PMs will try an tell there people to do the right thing,but, that won't happen in the US.

    Me, a very little IRA an savings in CDs & Bonds in foreign countries ! And, Yuan an REAL savings accounts. BRICS are rising an EU & US $s will slowly fall. So, I choose China's Yuan and Brazil REAL and not Russia and India is a bit difficult as I live in LA.

    And, hopefully my IRA will be used to build my B&B on my beach lot an that is how I am walking through! And, as my greatest fear for all on SA an the USA is the "reserve" going away. I am sure it's 2-3 years and not 20 as Sec Geitner promises. All we need is the BRICS all to follow China an trade dollar less with OPEC an the IMF's hand will be forced to use the SDR basket with 8 currencies not 4 And, poof it will be done ! BRICS are demanding it for 6 months LOUDLY an not China;s Yuan as reserve! CHINA does not want that an how SA ers are saying that is bazar! IMHO. lol, gb
    Nov 14 07:45 AM | Likes Like |Link to Comment
  • QuickChat #212, November 7, 2011 [View instapost]
    3:03 AM "Troika" inspectors are due in Athens today as Greece looks to qualify for its 2nd bailout and an €8B tranche from the earlier rescue. The EU and IMF say they won't transfer the tranche without written pledges from Greece's main politicians backing austerity, but the opposition's Antonis Samaras says he won't sign anything under external pressure

    SA flash is important. All keep touting the 50% haircut and blindly forget ECB & IMF have money in that pie and never have you heard that either one will participate in the barbershop routine. They want payment in full as I commented yesterday ! So, the 50% cut is an illusion ! And, after all is said an done where will they or can they get the money to pay ?! They can't ! And, they will leave ! gb
    Nov 14 03:35 AM | 3 Likes Like |Link to Comment
  • Emirates orders 50 Boeing (BA) 777 jets at the Dubai Air Show for $18B and takes an option for another 20, with the deal being the  largest commercial order by value in the planemaker's history. Meanwhile, Qatar Airways is expected to order 50 Airbus (EADSY.PK) A320 neo jets for $6.5B and five A380 jumbos, Reuters reports.  [View news story]
    Lots of seminars by EXpert architect's an engineers in L A saying buildings could not have come down for months without help an Bush brother was head of security !

    Buildings fell just like demo guys do it ! Film doesn't lie !
    Nov 14 02:22 AM | Likes Like |Link to Comment
  • "Not since Napoleon will a leader have served a more pointless 100 days," writes the FT's Lex column of Greek PM Papademos. With elections set for Feb. 19, his purpose is to preside over the passage of austerity reforms demanded by the EU/IMF, but then what? Already in depression-like conditions, the economy is set to deteriorate even more, likely overwhelming any attempt at reducing the budget deficit.  [View news story]
    The Fed made the promise an has unlimited funds, if need be the Fed will have the brokers they use buy every bond the Treasury can create ! That is how ! Easy !
    Nov 13 07:18 PM | 2 Likes Like |Link to Comment
  • QuickChat #212, November 7, 2011 [View instapost]
    Have SGX on to an seeing the Euro back in the 137s. The market will follow the EUR/USA

    Futures have gotton stronger in the last 30 minutes. 1/2 % up !
    Nov 13 07:15 PM | 3 Likes Like |Link to Comment
  • "Not since Napoleon will a leader have served a more pointless 100 days," writes the FT's Lex column of Greek PM Papademos. With elections set for Feb. 19, his purpose is to preside over the passage of austerity reforms demanded by the EU/IMF, but then what? Already in depression-like conditions, the economy is set to deteriorate even more, likely overwhelming any attempt at reducing the budget deficit.  [View news story]
    TVP well said ! Bingo take the card an go collect ! gb
    Nov 13 05:30 PM | 2 Likes Like |Link to Comment
  • Is This A Bear Market Rally? [View article]
    Bernanke is no fool ! The US ppl are ! The devaluation of the dollar is by design ! They must manage it's continued loss to keep the massive debt payable,but, he an Geitner are playing with fire. If the Middle East breaks wide open an goes with the BRICS an refuses US dollars as payment like the BRICS the world trade will be 80% dollarless an the IMF basket will be changed to 8 currencies as SDR 8 an the US will be Greece an the world will reset the dollar's value an that is the PLAN!
    Gold !
    Nov 13 05:26 PM | 3 Likes Like |Link to Comment
  • "Not since Napoleon will a leader have served a more pointless 100 days," writes the FT's Lex column of Greek PM Papademos. With elections set for Feb. 19, his purpose is to preside over the passage of austerity reforms demanded by the EU/IMF, but then what? Already in depression-like conditions, the economy is set to deteriorate even more, likely overwhelming any attempt at reducing the budget deficit.  [View news story]
    The biggest problem for Greece are the facts and nobody seems to hear the leaders right. The whole economic world is talking about the 50% "voluntary " haircut. However, Merkal was 100% clear as are the IMF an ECB. The real haircut is 20% for Greeks as the IMF an ECB will not forgive the money Greece owes them ! Only the banks will ( or have too)

    So, all the talk by Merkal about the managed default an the installing of a mechanism to remove countries was for a reason an Greece is just the first to use that reason. This is a scam to buy time an Greece will still exit the EURO early next year ! gb
    Nov 13 05:11 PM | 1 Like Like |Link to Comment
  • "Not since Napoleon will a leader have served a more pointless 100 days," writes the FT's Lex column of Greek PM Papademos. With elections set for Feb. 19, his purpose is to preside over the passage of austerity reforms demanded by the EU/IMF, but then what? Already in depression-like conditions, the economy is set to deteriorate even more, likely overwhelming any attempt at reducing the budget deficit.  [View news story]
    Not 1 person is reading the fine print here and the reporters are surly not. This 50% haircut forgets the comments of Merkal and the IMF an ECB... Only the Private bond holders will take the haircut. The other two WILL NOT ! All seem to be overlooking this an that means the true haircut is closer to 20%.......

    That is Merkal's comment as clear as day said she/they would manage Greece's default an there putting in the mechanisms to remove countries from the EURO. Like I said months back an continue to say ! This is a time buying scam an the Greeks will print early next year when they find out they not only will have the austerity cuts ,but, will need to work for 20% of there old pay an out they will go ! gb
    Nov 13 02:48 PM | 2 Likes Like |Link to Comment
  • Is This A Bear Market Rally? [View article]
    When OPEC & the BRICS refuse to take US dollars you will learn fast ! And, that lesson will be to late. You'll be getting on line for Barack cookies.

    And, PM paper is just that PAPER... Buy some silver ! can't hurn an it's cheap ! Hope you don't learn,but, ya will, gb
    Nov 13 02:03 PM | 3 Likes Like |Link to Comment
  • QuickChat #212, November 7, 2011 [View instapost]
    JS, you are our resident expert ! if you don't know ahhh yaah, gb
    Nov 13 11:09 AM | 2 Likes Like |Link to Comment
  • Is This A Bear Market Rally? [View article]
    If you can't combine Ben B's comments an his fear with EU's bankrupt banks an PIIGS all needing haircuts to survive. Then combine it with EU GDP forecasts an the 100 dollar oil than buy buy buy !

    After 50 years at this you can NOT have a more classic bear rally and don't forget the gang of 12 is working no stop to get back the 1.5 trillion we spent over the past months.

    I normally do not agree with James,but, this must have been his easiest article to write an get right !

    So, please all buy buy buy and I will have patience an put only 5% of my dollars into a 3X short and work on my new B&B .95% will be in cash. Then I will make smashing new highs will virtually no risk. (buy buy buy ) gb
    Nov 13 11:06 AM | Likes Like |Link to Comment
  • QuickChat #212, November 7, 2011 [View instapost]
    Seems Congress is much more concerned about the millions of dollars in counterfeiting of military replacement parts. Horrific situation ! Caveat emptor to the Max. gb
    Nov 13 09:42 AM | 3 Likes Like |Link to Comment
  • Emirates orders 50 Boeing (BA) 777 jets at the Dubai Air Show for $18B and takes an option for another 20, with the deal being the  largest commercial order by value in the planemaker's history. Meanwhile, Qatar Airways is expected to order 50 Airbus (EADSY.PK) A320 neo jets for $6.5B and five A380 jumbos, Reuters reports.  [View news story]
    hmmmm, after the contract Obama gives them bunker busting bombs ! The US never chages it's spots. We flood the world wihn monopoly dollars an weapons and demand peace ! ha ha ha ha ha
    Nov 13 08:23 AM | Likes Like |Link to Comment
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