SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (83307)11/16/2011 11:52:43 PM
From: TobagoJack1 Recommendation  Read Replies (2) | Respond to of 218268
 
in the mean time another state that had been front-lined is falling and sure to fall, and the women and children are once more fearful in great numbers

bloomberg.com

what was the point of removing the old regime ? so the french connection can do an italian job and tee-up the american dream?

let us watch n brief on "mission accomplished"



To: carranza2 who wrote (83307)11/17/2011 12:27:07 AM
From: TobagoJack1 Recommendation  Respond to of 218268
 
gold on this end of pond is behaving like a stubborn mule, refusing to buckle under the nonsense of euro down dollar up

by watching the ticket one can get a sense of the force

it is wonderful



To: carranza2 who wrote (83307)11/17/2011 2:18:18 AM
From: TobagoJack  Read Replies (2) | Respond to of 218268
 
Europe seems intent on experimenting with diaper deflation as USA is insisting on trying hyper inflation.

On average, in aggregate, events should work out, not too hot, not too cold, just warm.

Just in in-tray

The Crisis Eats Its Way Into The Core
Yesterday was an unprecedented equal opportunity massacre in European sovereign debt markets. The crisis is now taking a massive turn for the worse, as more and more 'core' nations are infected by the self-feeding spiral of selling.

Most notably, bond yields and CDS prices on France, Austria Slovenia and Belgium are blowing out at astonishing speed and Spain's yields have broken out to a new 14 year high (sound familiar? Last week it was Italy). To make matters worse, more and more CEE nations are succumbing as well, with Hungary in the forefront. The forint hits new lows against the euro, and yields are shooting up.
The way the market prices CDS on France, it is no longer an AAA credit. If it gets downgraded, it is all over for the EFSF - it will be just as we said, DOA. Germany is essentially the last man standing at this point.

Meanwhile, the eurocracy has managed to shoot itself into the foot in connection with the banks in myriad ways. By bullying and cajoling them, making up onerous new regulations and not keeping promises, it now has turned the banks into the biggest sellers of sovereign debt. The banks are clearly shrinking their asset base as rapidly as they can, contributing to the downward spiral. A massive credit crunch is only in its beginning stages. As far as euro area sovereign debt ex Germany goes, it's 'sold to you, Mario'.

BuBa chief Jens Weidmann meanwhile remains adamant that the ECB will not intervene by printing money. A recent portrait of Weidmann in a German news magazine makes abundantly clear that he fears money printing will do more harm than good. If it ever happens, then only over his dead body, that much is certain.

Full chart update included (you could call it pictures of a panic).
acting-man.com