Posted on 05/06/2012 7:56:36 PM PDT by Free ThinkerNY
BANGKOK (AP) - Asian stocks are sliding after elections in Greece and France heightened uncertainty about Europe's ability to solve its debt crisis.
Japan's Nikkei 225 index has plunged 2.5 percent Monday to 9,142.47. Hong Kong's Hang Seng tumbled 2.5 percent to 20,564.87. South Korea's Kospi shed 1.7 percent.
(Excerpt) Read more at wxow.com ...
Bingo! and thats all there has been for the past 2 years.
Pump and dump.
The pump and dump may have to be sooner than later. I think originally, the plan for the short term traders was to party ‘til the cops showed up, that is close to November. Well, they might hear the sirens, and they might have to take the money and run.
Good. The buck is safe? I’ll take the deal on Au.
PNSN -7.71% which could mean another MF Global...
Don’t know that it is, but I do know recent history and behavior that suggest this won’t be bad in the very near term for US markets or currency. Beyond flight to safety effects, it’s not good. Likely a small window of opportunity. If you’re talking about Australian dollars that’s one thing, if you’re talking about gold it’s another. This could drive gold down in the very near term. Long term, there appears to be no end to instability in sight, which historically favors precious metals, but they’ve had quite a run, so I don’t know about that.
Au= gold. Agree, it will go down a little in the short run if the pattern is somewhat like 2008. Then, they flew out of stocks into USD/ treasuries. But the euros might park into gold somewhat more than USD than the
last time.
But as for markets, as in ‘08 the USD could be relatively strong but markets all around weak. Hussein could face the triple threat of market crash, recession and unemployment spike.
Yeah, those Asians are pretty sharp, unlike Dummycrats and the MSM.
Hussein could face the triple threat of market crash, recession and unemployment spike.
They won’t be able to spin that to their advantage.
Yep. Been quietly accumlating Au. And Pb.
Picked up a few boxes of Pb just yesterday.
Can you imagine what will happen to the stock market if Ubama gets reelected?
The 2013 Fiscal Cliff Could Crush Stocks
http://online.wsj.com/article/SB10001424052702304743704577381851218376744.html#articleTabs%3Darticle
When Bush left office the GDP to debt ratio was about 70%. After 3.5 years in office that American Mugabe who resides in the WH increased the GDP to debt ratio to over 100%.
Here are the stats.
http://www.usgovernmentspending.com/federal_debt_chart.html
dont forget the jam to go with that Pb :)
2013 will be ugly.
How long before Germany decide/realize they can't do it on their own. Grab all the chairs then stop the music. If they move away from the euro and leave the rest to fend for themselves then the rest are screwed. If Germany waits then they get screwed. What will the Germans do? LOL. The Germans are smart and will do what is best for them while the lazy socialists fiddle.
France just started the spiral. That vote will be felt worldwide. They just voted to live today at the expense of the future. Fucking surrender monkeys but what did the Germans expect.
What happens at home? We are in some ways worse off than France as fast as debt. We are better in the idea that we are still see safe haven.
Capital control will now rock the EU. Can't tax what you can't control.
Next week will be interesting. Too bad we don't have any statesman left in the US political arena but that would require citizens that care and vote past their own ignorant selfish needs. We are running a socialist against a Communist. We lose regardless.
Anyway Sunday will go down in history as a date in future history as the start of the end and war will follow. France's new leadership as already said they plan on meeting with ECB to dictate new direction.
Anyway, just my humble opinion - music is still playing and chairs are being grabbed.
Stay FREE!!!
” Hussein could face the triple threat of market crash, recession and unemployment spike.
They won’t be able to spin that to their advantage.”
Nope
” Anyway Sunday will go down in history as a date in future history as the start of the end and war will follow. France’s new leadership as already said they plan on meeting with ECB to dictate new direction.”
New self destruction
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