Gerry Maguire: market's crashing....... show me the money
To all our diligent followers:
BE READY! Things are breaking all over the world! Monday, Japan went into NEGATIVE bonds rate @ -.03%, now last night Sweden Riksbank went NEGATIVE -.05%!
For third straight day, JAPANESE markets have been absolutely hammered, NIKKEI and TOPIX both DOWN hard!! Meanwhile, the Japanese yen strengthens wildly against the US dollar @ 111.33... Just 2 days ago it was 115.45!!!
The volatility in markets around the world is insane, AND now you should have no doubt traders are scared even to the level of panic! This situation squeezes the RV closer to you by the hour!! AND, remember, the Chinese markets are safely closed!!
This seismic move in the global bond markets is huge and Central Banks around the world are taking very strong actions!! Expect to see HUGE declines in all markets and asset classes very very soon!
It will come suddenly like a massive explosion. It will not be subtle or unnoticed! The dam is breaking in many areas. US Treasuries are ALL down. There are several very aggressive swings in all asset classes.
Oh, and by the way, oil is DOWN hard, WTI oil has gone below $26.70 !!! London, French and German markets also down hard!! These are very substantial and big moves DOWN.
(Take a look at your charts for the Nikkei, FTSE, CAC, and DAX. They're ugly if you're investor, but great for us!)
Let me put it to you this way, we're on the Titanic, a few days ago we hit an iceberg, Monday we got hit by a torpedo on the opposite side of the ship, last night we backed into another iceberg.... So, we have major leaks EVERYWHERE and no way of stopping it from sinking!
Oh yea, almost forgot, Rio Tinto (huge global mining company) lost 50% of it profits!!! Soooo, what we have is a full blown global currency war RIGHT NOW!
Currency wars never last long!! So, you better be ready because these things happen fast! AND, Zurich Insurance took a huge hit against its profits DOWN over 51% YOY!
Every major banker around the world is getting in front of a camera and firmly reassuring the public that the banks are solid and secure! Bull****! "Me thinks she protests too much."
Listen carefully, they're telling you the collapse is imminent!! Really really imminent!!! So, BE READY!
PS- Janet Yellen is full of crap, and nobody is amused! At this moment, she has refused to comply with a Congressional subpoena, thus she is in Contempt of Congress!! Most people go to jail for that.... so, watch her closely, wouldn't it be unbelievable to arrest a sitting Chairman of the FED!
IF such an event should happen, US markets would almost instantly collapse. Don't think it couldn't happen RIGHT NOW!! Again, BE READY!
Iko Ward: Markets falling, gold climbing,, oil falling, Bloomberg taled abiout currency "exchanges" this morning. Not a lot,, but the word is out.
Ontariogal: IKO. We have been having withdrawals where have you been. Now. Can we expect this RV finally based on all the bad news in the markets. Missed your input
BODI: ONTARIOGAL THAT IS A HUGE YES TO YOUR QUESTION
Utahgirl: IT IS KIND OF SAD THAT BAD NEWS FOR THE WORLD IT SUPER AMAZING NEWS FOR US
BODI: UTAH IT IS ON THE SURFACE BAD NEWS FOR THE WORLD...BUT NOT REALLY AS IT IS THE MEANS TO GET RID OF THE CANCER IN THE WORLD
Utahgirl: BODI! YOU ARE ARE SO RIGHT. I JUST FEEL BAD FOR ALL THOSE WHO WILL LOSE SO MUCH CONFIDENCE WHILE THE CANCER IS REMOVED
Wolfy: BODI--remember my window is from the 8th thru the 15th--time will tell
Mikeysgirl: CBI ANNOUNCEMENT 2/10/16 - CANCEL VACATION....
To / Department of Commerce / registrar of companies (Cancel vacation)
Surfergirl: Lagarde set for new IMF term after nomination deadline passes
Dellloyd: http://bit.ly/1QtPw2T Parliamentary reform Abadi demanding the replacement of Finance Minister
Walkingstick: Shahristani puts his resignation at the disposal Abadi
Billuke: Abadi Tweet....Haider Al-Abadi @HaiderAlAbadi
We thank Germany for providing a loan of 500 million euros.
TF1564: IF THE IMF GAVE ABADI A "7 ITEM TO-DO LIST" AND HE HAS ACCOMPLISHED 5 OF THEM.....WHY IS HE OUT LOOKING FOR LOANS FROM OTHER COUNTRIES INSTEAD OF AT HOME PUSHING THE LAST TWO ITEMS THROUGH???? DOES HE NOT FEEL THAT THE IMF IS IRAQ'S LIFELINE. WON'T WRAPPING UP THE TO-DO LIST OPEN UP THE ECONOMY, WHICH WILL HELP FILL THEIR COFFERS??
EDwww: Why would he get a loan if he knew things are going to change is this to throw everyone off the trail of what they are doing? ??
Mountainman: REMEMBER Frank said....."A LONG LINE WAITS".....So IMO.......Is The GLASS Half EMPTY or HALF FULL???........I say HALF FULL.....
Meaning=If You KNEW A STOCK was going to LAUNCH thru The MARKETS at the "SPEED OF SOUND"......Would YOU buy it for PENNIES???.......
Well IMO.......We are at "THE END" and Countries Are GETTING the BEST BANG for Their EURO/Currency....So to Speak.....Before; "NOT" After the "FACTS" Unfold......In other Words......IT's ALMOST PAYDAY and it's TIME to Make HAY While The SUN is Shining.....Says Germany and "A LONG LINE".......Of MANY MORE!!!!!!!! IMO
Walkingtick: Germany to loan Iraq $566 million to aid reconstruction
Published February 11, 2016
BERLIN – Chancellor Angela Merkel says Germany will give a 500 million-euro loan ($566 million) to Iraq to help rebuild the country's infrastructure.
At a meeting with Iraqi Prime Minister Haider al-Abadi on Thursday in Berlin, Merkel said Germany also wants to help with the demining of cities and towns in Iraq so the country's 3 million internal refugees can return to their homes.
Merkel said it is Germany's goal to give hope to the people in Iraq so "they don't have to leave their country."
Iraq is one of the main sources of refugees heading to Germany and the government is trying to reduce the number of asylum-seekers coming here.
Merkel also said Germany and Iraq want to battle people-traffickers who lure Iraqis to Germany under false pretenses.
http://www.foxnews.com/world/2016/02/11 ... +-+Text%29
Walkingstick: Beijing on massive gold buying spree
Published time: 11 Feb, 2016 10:48
Edited time: 11 Feb, 2016 11:41
China’s gold imports have surged over 700 percent since 2010 and the country remained the world's biggest consumer of the precious metal last year, according to the latest data from Hong Kong.
In 2015 the country imported almost 1,000 tons of gold, compared to about 100 tons five years ago. China was followed by India which imported 849 tons of gold in 2015.
Last year China’s demand for gold coins surged 25 percent in the fourth quarter from a year earlier. The rush followed Beijing’s devaluation of the yuan as consumers sought to protect their wealth.
China’s central bank has also accelerated gold purchases to diversify the country's reserves away from the US dollar.
However, Beijing doesn’t explain the jump in gold demand, claiming the country’s gold reserves have grown only a little in recent years.
"China has a lot more gold than they declare," John LaForge, head of Wells Fargo's commodities team told CNN.
For the last six years Beijing has stayed secretive about its gold reserves. Last year the government finally revealed a nearly 60 percent growth in reserves since 2009. The country became the fifth largest holder of gold in the world, following the US, Germany, the International Monetary Fund (IMF), Italy and France.
China now reports its gold holdings monthly, encouraged by the IMF’s approval to include the yuan into the reserve basket of currencies.
Gold prices rose above $1,200 a troy ounce in trading Thursday, the highest level in more than eight months.
https://www.rt.com/business/332125-chin ... -increase/