Totally agree.
R640
I’m not sure if that makes sense, sell bonds and go into stocks? Bonds shouldn’t be selling off on “Greek hopes” they should maybe be selling off on a strengthening economy or fear of a rate hike don’t you think?
But I obviously know nothing, I’m invested in pm’s.
Buygold-Gay marriage–displaying the confederate flag-and similar issues are all part
of a deliberate operation of the real “rulers” to divert the attention of the cyphers that comprise a lamentable citizenry, from the real issues they should be focused on like the Trans Pacific partnership–medical fascism [vaccines]–the shifting of the big banks gambling debts onto the tax payers etc etc
Buygold-from Zero Hedge
Greek Deal “Hope” Sparks Bond Carnage
Tyler Durden’s pictureSubmitted by Tyler Durden on 06/26/2015 09:26 -0400
“Hope” of a Greek deal are being resurrected (with no real signs of progress) and that is sending stocks higher and spreads tighter and crushing Bunds and Treasuries. 10Y Bund yields are 7bps higher at 93bps and 30Y Treasury yields are spiking to 2015 highs…
R640
Yeah, I’m numb to the financial news as well. I’m not sure but it looks like the bond market might be showing some signs of breaking down.
Wow – CNBS Reports
Supreme Court rules states must allow same-sex marriage.
The federal gov’t is doing everything in its’ power to completely destroy the principle on which the country was founded. Either that or they are seriously trying to push secession in certain states.
We’ll see what the fallout is in certain states. Amazing stuff.
Buygold–thanks for the wakeup call on bonds-! I wouldn’t have
noticed-numb as I have been to “financial news” lately
Anyone else been payig attention to the bond markets in the west?
Ten Year now above 2.45%
German Bunds selling off.
Why? It surely has nothing to do with strengthening economies. You’d think with Greece there’d be a “flight to safety”. If the boyz lose control of the bond markets and it’s game over. The Fed doesn’t need to hike rates, the bond market is doing that for them.
Something wicked this way comes IMHO.
Putin Calls Obama
http://www.zerohedge.com/news/2015-06-25/putin-unexpectedly-calls-obama-what-did-they-talk-about
This is what the Kremlin stated was the official purpose of Putin’s phone call:
Vladimir Putin had a telephone conversation with President of the United States of America Barack Obama.
In particular, the two leaders discussed the Ukrainian crisis and the fulfilment of the Minsk Agreements. The Presidents agreed that US Assistant Secretary of State Victoria Nuland and Russian Deputy Foreign Minister Grigory Karasin will be in contact to discuss implementation of these agreements.
Significant attention was given during the discussion to a set of issues pertaining to fighting terrorism, particularly the spread of influence by the “Islamic State” group in the Middle East. Vladimir Putin and Barack Obama agreed to instruct Russian Foreign Minister Sergei Lavrov and US Secretary of State John Kerry to hold a meeting to discuss this issue.
In addition, the presidents of Russia and the US had an extensive discussion of current issues in bilateral relations. They also engaged in a detailed exchange of opinions concerning the situation in Syria and touched on settling the issue of the Iranian nuclear programme.
So why really did Putin call Obama?
The underlying reason may well have to do with what we discussed three weeks ago in “The Noose Around Syria’s Assad Tightens” a post which we left off with two rhetorical questions: i) what is the maximum pain level for Russia, which has the greatest vested in interest in preserving the Assad regime in place, and when does Putin finally get involved, and ii) how.
Perhaps Putin gave an answer on i) or ii), or both, to Obama in the phone call. Curiously, speaking of US support for ISIS as a front to topple Assad, just a few hours before Putin’s phone call, the WSJ reported an even more outlandish conspiracy theory:
Gold Train
It’s Friday! Coffee in the club car.
Blast from the past… the Seaboard line
http://www.railpictures.net/viewphoto.php?id=533750
Morning Oasis – you too MacroM
I happen to like the BeeGees – just sayin’ 🙂
Good morning Oasis
Teck Reports Ground Movement at Quebrada Blanca Operations
http://finance.yahoo.com/news/teck-reports-ground-movement-quebrada-192505132.html
South African probe blames Lonmin, police, unions for “Marikana massacre”-
http://finance.yahoo.com/news/africas-zuma-release-marikana-massacre-130241061.html
Midway Gold Issues NI 43 101 Technical Report 2015 Feasibility Study for the Pan Gold Project
http://finance.yahoo.com/news/midway-gold-issues-ni-43-001455875.html
Last friday in June 2015
Good Morning Goldie….yes, I agree with some of your views. I suggest in the coming storm there will be many new enlighten men and women. If the system does fail large….many of them will become “reformed” financiers. smile..Running ahead of the unshaven who will be chasing them to ground, so to say.
Regardless…we still live in a relative wonderful world in north America and enjoy the times as well as each individual can. Goldie, I assume in north Cal the water situation is not as endangering as the southern regions of the state? Share your insight, please. All this will be vastly important..
Winedoc..keep stacking….yes, never stopped!! Grin…I did mention platinum, my view. Canadian mint produces very nice 1oz rounds. Frankly the color of the metal is not as appealing pure gold…..Gold stole my mind long ago. smile
To reiterate enjoy the time well.
Coffee Time: China “How do you like that” ?
Keep on Stacking …….
Winedoc
SpaceWeather incoming…
M7.9 flare on the sun yesterday produced a coronal mass ejection aimed at Earth. This will be the fourth or fifth one this week.
http://www.n3kl.org/sun/noaa.html
Incoming geomagnetic hit expected Sat. or Sun. Auroras up north could be spectacular…. for MM3. More “Ghost Riders in the Sky”.
Frostbite
Like you say the wheels will wobble till they don’t or some paraphrase. Carl is not going to hide in a corner and appears well aware of what could happen. He doesn’t throw caution to the wind or try to direct others in that path. He is well aware how companies work and if their numbers are fudged or over valued and is a more careful investor of risk reward.
He doesn’t not need to follow others except for their mistakes he says lol rather than artificial intelligence, However even though different the outcome might be the same as others who are in the same mind frame but he’s not going all out for fear of doom and gloom event but going to try to avoid the primary targets.
Yes you can make a little more on high yield bonds but is it worth the risk vs greed IMO he’s saying He did mention that if someone would of warned in 07 it would have saved a lot of people. Armstrong in fact warned in 07 and is also warning of the same catastrophe in the coming years but has more set targets.
Buygold……Yeah…Well How About This!
And you thought Eisenhower was one of the good guys
http://www.davejanda.com/guests/robert-k-wilcox/sunday-may-31-2015