Here, with charts.
Clearly, your charts have contradicted each other.
And what do players pile into if there is a sovereign problem
in Greece, Spain, Portugal, Ireland, Italy, UK, US, Japan?
Whatever makes the rounds of the whisper circuit that gets the call and fits what can be imagined as chasable. No trader cares why. They only want to anticipate how stupit other traders will be, where traders will try to go. Several days later the game reverses. Nothing to do with what is materially occurring between economic entities. That's why these things suddenly evaporate and are no longer "operational". They never had any substance in the first place. That's why over the last 10 years very little of substance has occurred, but all markets have jumped all over the board trying to "discount" what fools can imagine.
Correctomundo, gold.
Size is using this excuse to bag suckers like you. You're out there speculating in what is obvious. You should take yourself as representative.
Temporarily abandoned due to strong influx of new buyers
from Europe.
But this claim contradicts your earlier assumptions. Viz., when is "temporarily" over? You have no idea because you have no idea about what forces are behind these contradictory conclusions. Therefore, you're just guessing. I'll bet 7 to 5 against your guesses. You're better off with a coin.
Latest BIS report warns about unsustainable nature of sovereign
debt in most of G7, with historical comparisons.
BIS? That collection of socialist stooges? They're totally incompetent, always get it wrong, and intentionally so, and is a covert front to promote totalitarianism anywhere it can: (from wiki)
Other doubts about the BIS's mandate, its program, its effectiveness, and the desirability of any existing institution taking the lead role in accounting reform, especially in light of serious failures of money-laundering law enforcement, major breaches of prudence and supervision in the United States (e.g. Enron), have led to some minor critique of the BIS in the anti-capitalism and anti-globalization movements[who?]. This is incidental usually to critiques of the IMF and World Bank, whose role is far more visible, and which have far more discretion in their policy.
The BIS is also a frequent target of allegations by conspiracy theorists,[who?] many of whom portray it as a front organization through which a wealthy elite controls the world. Some argue that the bank has not helped matters through a culture of secretiveness.
I don't agree with the conspiracy theorists, but I've observed those creeps over the last 40 years, and have determined that their secret agenda is "one worlder" socialism.
Cascading sovereign default,
Cascading? The cascade stops at the border. There's no threat to, say, Germany, if Greece goes bk. What happens if Greece did? Nada. In fact, it would be best if Greece went belly up because then the Greeks would be forced to live within their means. In any event there's no consequence to any other nations. If you think otherwise, please show me how.
from Greece to other PIIGS, see link.
Please tell me, the world's most experienced authority in these matters, why I should go read some little kiddy's imbecile opinion? Before all these guys who you think know so much were out of diapers I was already a seasoned pro. Also, I'm talented at econ where all of them are mere hacks who take a salary. They don't trade for a living. They don't need to know diddly squat. And they don't. But they have you fooled. Why?
CDS and spreads on these move together.
So what? When you have a bunch of monkeys jumping up and down you can bet that the orangutans in the adjoining cage will be doing the same. Can you show how CDS has anything material to do with LIBOR? No, you can't.
One falls after the other, like a house of cards.
This shows you have no clue, but it shows also that you've bought into a collection of myths that sellers of 'Bug publications push.
Then UK falls, then US. That's the scare, not the reality. -g-
Then gold, then Al Qaeda kills you for being a weakling.
What's with this "-g-" stuff? It must be that you're giggling a lot because you don't take yourself seriously. I don't let imbeciles on this thread who use "LOL" or "g". I don't because it shows they're trying to insult whomever they're addressing. |
