mezzo mezzo
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expect on subprimes and treasuries, but not on precious metals! there we see the opposite (bull enters the ring for round I in 15)
hey is this cute? gotta print ur own silvergun:
http://hackaday.com/2015/01/12/electroplating-copper-and-silver-onto-3d-prints/
good man. btw latest SLV outflow of $ 35M has been detected:
http://www.nasdaq.com/article/ishares-silver-trust-experiences-big-outflow-cm433161
Yes. Think we mentioned often enough the value of hard assets and real money. And still: never trust a Central Bank(st)er! btw Switzerland is first winner on currencywar in advance as Grexit is on the frontdoor and ECB ignitiates QE over Europe soon, starting with 1 Trillion Euros buying PIIGS debts with taxpayer's money on the backdoor!
Central bankers have to live up to high expectations. Investors and politicians expect them to control inflation, prevent deflation, promote growth and keep the financial system healthy. The Swiss National Bank, an above-average institution, has failed at two simpler tasks, keeping its word and preventing destabilizing currency moves. The lessons for the rest of the world are scary.
After three years, and without either notice or much of an explanation, the Swiss abruptly ditched their cap on the franc’s value. The franc promptly surged 40 percent against the euro before giving back more than half its gains. Investors and Swiss firms were in uproar.
The first lesson is never trust a central banker when he or she makes a commitment or gives guidance.
The Swiss National Bank was considered a reliable institution with a firm grasp on policy. After three years of relying on what it called the cornerstone of monetary policy, it let the edifice tumble. In the messed up world of high debts, slow growth and negative rates, other central bankers can change their mind in equally disruptive ways.
Next, don’t expect miracles in the fight against deflation. Swiss consumer prices are already falling annually, and cheaper oil will weigh on them further. Yet, the Swiss central bank decided that a higher franc, which will increase deflationary pressure, was a lesser evil. European Central Bank chief Mario Draghi wants to do anything and everything to resurrect euro zone inflation. He may not manage.
Finally, don’t believe central banks are omnipotent. Swiss monetary policy did not work as planned. The Bank of Japan, and the European Central Bank, which is expected to launch a government bond-buying program soon, may not be any more successful. The Federal Reserve and the Bank of England do not have to worry much about stimulating growth now, but if they do, their arsenals are depleted.
Politicians have left a lot of the hard work of stimulating growth and inflation to the politically independent central banks. It is high time for elected leaders to take more risks.
Article to recom.:
http://mobile.nytimes.com/blogs/dealbook/2015/01/15/the-swiss-give-a-scary-lesson-on-the-limits-of-central-banks/?_r=2&referrer=
Multi Death Corp. created by western services set new standards in war against terror 2.0 over Europe, war between US and Russia escalates...poor bankrupt Ukrainians
http://uatoday.tv/politics/president-petro-poroshenko-issued-a-decree-about-military-mobilization-402754.html
sorry to hear that. but tradin IBC at the moment doesn't make much sense. my shares are also on hold - and have none special issue
gotta wait, suck and see
zzzzzzzzzzz very opioid movement. are the mm's (ab)using titans medicine already?
they'd design berillium alloyed hot pants to smack 1,50 again?
thats good. same here!
well...
you still into?
still holding on ur freebies?
good week(s) ahead
Happy new Year: That markets are rigged, at both the macro level, through central banks, and micro, through HFTs, dark pools and purposeful market fragmentation, should be painfully obvious to everyone by now. But when even the regulators engage in "jury rigging", or in this case blocking prominent HFT-critic Joseph Stiglitz, a Nobel prize winning economist (former secretary pf world bank and economic advisor of clinton arra, nobel, a prize which doesn't count for much on these pages but should - at least on paper - impress such statist cronies as the SEC), has been blocked from a government panel that will advise regulators on issues facing U.S. equity markets, it becomes clear as day that the rigging is not just in the markets: worse, it is openly involves the market's "regulator" and "enforcer."
“Financial markets are important and I have been worried about the way they have been working and whether they are serving the American economy,” Stiglitz said. “I was willing to serve. The next thing I knew, I was told you didn’t get it.”
According to Bloomberg, "Stiglitz’s rejection shows the partisan infighting that has bogged down Securities and Exchange Commission Chair Mary Jo White’s plan to set up a panel of experts to advise the agency on topics ranging from rapid-fire stock trading to dark pools."
Actually what it shows is that the SEC is a puppet of the wealthy and powerful HFT lobby, which has made a mockery of markets ever since the passage of Reg NMS, and which has been given free reign to manipulate anything and everything however it wishes: manipulation which, as described here first 6 years ago and most recently, by Michael Lewis, is now obvious to all investors and explains why the general public has decided to fully boycott the capital markets knowing quite well that it, and nobody else, would be the sucker when the Fed pulls the rug from underneath both carbon-based traders and vacuum tubes.
Stiglitz himself understands this, and as he said in a phone interview, "I think they may not have felt comfortable with somebody who was not in one way or another owned by the industry."
Not surprisingly, even the rigging of US capital markets is split according to political lines:
...read full article follow the Link:
http://www.zerohedge.com/news/2015-01-05/even-regulators-are-rigged-prominent-hft-critic-stiglitz-blocked-sec-panel
This is one of the slowest moving stocks ever :)
happy new year star!
better wait a bit longer until volume joins the party...check obv21 xing ma30 first...talking in chartist views
obv/21d isn't ready. let's suck and see ????
many thanks. will have a looksee - me liking the gamble lol
hola chicos. looks like bottom here. any important joez dates in the near future?
something goes on
http://www.zerohedge.com/print/498272
not at the moment but in overseas.
in regard to ur black swan posting in fact some signs are imminent, QE4 goes public again.
The International Monetary Fund cut its forecast for global growth last week and said the euro area faces the risk of a recession.
The IMF now expects world growth to register at 3.3% in 2014, down 0.1% from its forecast in July. For 2015, it also slashed its forecast by 0.2% to 3.8%.
The organization, which represents 188 countries, now expects world growth to come in at 3.3% in 2014, down 0.1% from its forecast in July. While in 2015, it expects growth of 3.8%, down 0.2% from earlier expectations.
As if to rub salt into the wounds of Europe’s death by a thousand-downgrades, Goldman Sachs followed up Germany’s decision to drastically cut its growth outlook for 2014 (+1.2% from +1.8%) and 2015 (+1.3% from +2.0%) by slashing its forecast for Europe in Q3 to a triple-dip recessionary -0.15% GDP growth. This is dramatically below an “over-optimistic” consensus of +0.35% as incoming data is notably weaker than expected. The DAX remains well below the crucial 9,000 level (having plunged early in the European session) and bund yields have collapsed to new record lows.
Germany cuts its own forecast…
*GERMANY SEES 2014 GDP GROWTH AT 1.2%: SAW 1.8%
*GERMANY SEES 2015 GDP GROWTH AT 1.3%: SAW 2.0%
FED’S WILLIAMS SAYS QE MAY BE NEEDED IF ECONOMY FALTERS
This is what a happy, money-printing John Williams looks like:
The head of the San Francisco Federal Reserve Bank on Tuesday said he would be open to another of round asset purchases if inflation trends were to fall significantly short of the U.S. central bank's target.
http://www.zerohedge.com/news/2014-10-14/qe4-countdown-has-begun
good opinion, thx
the asian gold market is on the move as well:
http://www.gata.org/node/14567
http://www.zerohedge.com/news/2014-10-13/bank-england-giving-market-hint-whats-come
compared to other mining equ. $SAND is pretty tough! Let's see if gold will crash with the dow or soar.
In 2008, we projected that the crash in the market was in fact a mini-crash and that the day would come when a more major crash would occur - one that reflected the level of debt. In recent months, this prognostication has been gaining traction - that a second, more severe crash is inevitable.
There are two primary camps amongst economists with regard to the economic direction that a crash will generate: inflationists and deflationists.
Inflationists tend to feel that the governments of the world that are now in debt over their heads will do what governments always do in such a situation. Rather than get off the monetary heroin, they will instead increase the dosage. Inflation will then ramp up dramatically, eventually causing collapses in currencies.
Deflationists, on the other hand, argue that when there is a market crash, there will be deflation. And since the debt level is so great, the severity of the deflation will likewise be great.
The argument goes back and forth, yet there seems to be the misconception that one must be either an inflationist or deflationist. This is not at all the case.
Recently, there have been vehement arguments from some very notable people in the deflationist camp that we shall soon see major drops in the Dow—first to 6000, then to 3300. They feel that, as this occurs, there will be a further real estate crash, gold will sink to $750, and unemployment will go through the roof.
Inflationists will inevitably reply that, in the event of a crash, the central governments will print money like never before, as soon as there is even a whiff of deflation. (Their argument is strongly supported by the repeated confirmations by the previous chairman of the US Federal Reserve, Ben Bernanke, that no deflation will be acceptable to the Fed, that they will indeed print as much as it takes to counteract any possible deflation.)
However, each camp is overlooking a significant factor. The deflationist reasoning tends to lead up to the occurrence of deflation… and then stops. They rarely comment on what happens next: the influx of newly-created currency units.
The inflationists overlook the fact that, when a major crash occurs, it happens suddenly and when it occurs, it carries other markets with it. No amount of monetary printing can react quickly enough to simply cancel out the precipitous deflationary force of a crash. All that can be hoped for by the Fed and others in their situation is that they “play catch-up” as quickly as possible—injecting money into general circulation (not just crediting it to the banks, as they are now doing) to reverse the deflation and to hopefully return to “controlled” inflation.
Are we headed for a crash in the stock market? Almost certainly, and probably a more severe one than in 2008.
Are we headed for dramatic inflation or even hyperinflation? Again, almost certainly.
So what will this look like? How will it play out?
Consider the following as an order of immediate events (in brief form):
The Dow crashes, in downward lurches, interspaced with false recoveries.
As the crash unfolds, we will see innumerable people who bought on margin selling everything to cover their losses. (If they hold gold or gold stocks, these will be sacrificed even if the holders remain confident about gold. Their goal will be to cover immediate losses, at whatever cost.)
Due to the dramatic selloff in gold, the price of gold plummets.
This is the deflationist argument and it is a logical one. (Popular estimates for the gold price are between $1000 and $750 as a potential floor.)
But this scenario rings true only if all those who hold gold are forced to sell.
What could actually happen might be similar to what we have seen with the unravelling of paper gold - that the development only serves to encourage those who understand gold to buy all they can. This serves to create a floor for the gold price.
There may well be sudden downward spikes that would tend to prove deflationists right, but as we now live in an electronic age, the turnaround by purchasers will be almost as quick as the crashes themselves. It may be that we will see sudden precipitous drops in gold, followed by immediate rises in purchasing - a real rodeo ride.
It is entirely possible that gold stocks will stay down longer than the gold price, and some (otherwise viable) companies may even go into liquidation. However, gold itself will not drop to $750 and stay there, as deflationists imply. More to the point, its recovery may be quite swift.
The market is experiencing a divide that didn’t exist before. Until recently, there have been many people (millions) who misunderstood gold, treating it like a stock. Many of those people are disappearing from the market (having been washed out by the paper gold failure), and soon, most of those who are still in gold will be those who understand it. The higher the percentage of gold ownership that is in their hands, the more solid the floor.
Whatever that floor may prove to be, gold will stabilise. Then, inevitable inflation will cause renewed interest in gold by the misinformed, as it begins its inflationary rise. By the time gold passes $2000, the misinformed will be falling all over each other to get back in—still not understanding gold, but desperate to ride the coattails of “a winner.” It would be at this point that we would go into a period of dramatic inflation, with a concurrent gold mania.
Whatever level of drop gold experiences as a result of deflation, gold will rise up from it like a phoenix - long before other asset classes rise.
In fact, it will lead the pack.
The question for the investor should not be whether we shall see inflation or deflation. We shall see both. The rodeo is underway and we are, whether we wish to be or not, in the saddle of the bronc. Soon, the chute will open and he’ll start bucking for all he’s worth. When he does, it will matter little whether he bucks to the left or to the right. The only objective should be to ride it out.
In investment terms, what this means is that we need to have avoided those investments that are most greatly at risk and have chosen instead those investments that are likely to be intact when the ride is over.
If we have loaded up on precious metals, in truth, it matters little if gold drops to $1000 or (gulp) to $750 as deflationists have predicted. All that will matter is whether we have had the fortitude to stay in the saddle until the ride comes to an end.
excerpted of jeff thomas blog on doug casey
great opp! gold is flying to chinese private households
http://www.thechinamoneyreport.com/wp-content/uploads/2014/10/shanghai-gold-exchange-gold-withdrawals.gif
$IAALF raised on tolerant fuels
http://finance.yahoo.com/news/ibc-present-iaea-technical-meeting-131500023.html
no worries star, sure I flipped in some plays but always kept my freebies. and guess what. I still holding on. lets see what happens next, but we've seen higher highs and higher lows so I'm curious
oh great, always trusted in IBCs R'n'D ...sometimes patience will be rewarded still holding my 0,048 stacks and the reloads
highly recommended - article by dutch journalist:
http://www.unz.com/article/the-ukraine-corrupted-journalism-and-the-atlanticist-faith/
$SLV gives a break around 19.59 and spikes right after. tmrw is last tradingday in august to close OI positions which started on tuesday, 8/26, option expiration date of sept. contracts.
but didn't the company mentioned that lockheed is just one out of many clients? guess they have bigger things go on than these f-35 parts
being on holidays since june but $IAALF is one of my canadian faves, just got info that things go on (in terms of ibc slomo timeframes lol)
maybe some news on the nuclear fuel R'n'D or new contracts. we'll see. keep on holding on!
we also have worst print on retail sales since january. its not near - we are mid in of recession. europe doesn't make it even better! warmongers step ahead to frontrow
http://www.zerohedge.com/news/2014-08-13/retail-sales-miss-third-month-row-worst-print-january
due to hot summer (vs. icy winter Retail sales are the weakest in six months
WASHINGTON (MarketWatch) — Sales at U.S. retailers in July had the weakest growth in six months, dragged down by auto dealers, according to government data released Wednesday.
Overall retail sales were basically unchanged in July, ticking up only a tiny fraction from June, the U.S. Commerce Department reported. That result missed expectations from economists polled by MarketWatch, who had forecast retail-sales growth of 0.2% in July, matching June’s result. Excluding autos, retail sales rose 0.1% in July, also missing forecasts that called for growth to hold steady at 0.4%.
Retail sales are a major chunk of consumer spending, which is the backbone of the U.S. economy. Recent retail-sales reports have been tepid, held back by weak wage growth and wary consumers.
However, solid job gains this year (A.L.: überwiegend schlecht bezahlte Halbtagsjobs....) could eventually lead to more confident workers and consumers, key drivers for spending and wider economic growth, economists say....
While most economists expect stronger hiring trends this year to lead to higher wages and more consumer spending, others point out that many new jobs, in areas such as retail, are relatively low paying (eben, eben) and may not do much to pump up spending.
...Data details released Wednesday show auto sales fell 0.2% in July. Meanwhile, sales rose 0.3% at food and beverage stores and 0.1% at gas stations...
I'm sure u know that all but at least I'd recomm to check out some interesting charts & comments on:
http://www.caseyresearch.com/articles/top-7-reasons-im-buying-silver-now-1
Yes thats right Bert. Also interesting are Discussions the stock market is "overvalued" - which is pretty common these days. But MarketWatch columnist Brett Arends raised eyebrows in a recent column in which he argues "valuations are higher today than they were at the peak in 1999-2000."
The dot.com era was notable for its excesses, he says, but the heady valuations of the tech bubble were driven by a handful of uber-high flying stocks, including Microsoft, Cisco, Intel and our corporate parent Yahoo.
"But that overvaluation was quite concentrated in a relatively small number of large-cap growth stocks," Arends recalls. "When you look beyond that small segment of the market, the rest of the market wasn't so bad. That is not the case right now."
Indeed, the median valuation for the top 1500 stocks by market cap today is higher than it was in 1999, Arends reports, citing the following:
Median P/E today is 20 vs. 16 in January 2000
Median price-to-book today is 2.5 vs. 2.2 in 2000
Median price-to-revenue today is 1.8 vs. 1.4 in 2000
... "Everything seems expensive. There's almost nowhere to hide. It's very difficult to find (value)" in the market today."...
Sideways with surprising Potential -Friday will show more. The Financial Times reported that although just two trading days remain before the replacement for the London silver fix is put in place, uncertainty remains about who will be participating.
As quoted in the market news:
Since there is no centralised clearing for precious metals markets, the initial users of the new benchmark are expected to be the 11 market-making members of the London Bullion Market Association, which include Credit Suisse, JPMorgan, Goldman Sachs and UBS.
But so far no one has publicly stepped forward to say they will be involved even though testing of the system has gone without a hitch. The CME Group, whose Comex exchange offers the biggest silver futures contract, is providing the electronic price platform and the algorithm that will be used to set the auction’s opening price. Thomson Reuters will take care of the governance and administration.
That said, the news outlet also notes that the uncertainty is “only to be expected” and the list of participants may simply be released Friday.
btw check link for present description of confused new Fixingsystem:
http://news.sharpspixley.com/article/ross-norman-the-new-london-silver-fix-confused-/208123/
real US unempliyment rate is 23%
http://real-agenda.com/2014/08/12/the-true-u-s-rate-of-unemployment-is-23-2/