Loading ...I sure wouldn’t mind a whiff of out of control gold upside. We struggle to make any substantial gains lately.
The video at 19:54 answers these questions?
Why are they letting illegals cross borders?
Why do they persist with ridiculous global warming mantra?
Why the big push on obamacare and commoncore?
Why massive surveillance of you on internet and phones?
Why agenda 21 and the attack on bundy ranch?
Why fema camps and push for smart meters and much more? Believe it or not they are all interconnected
Kudos to John Wells and Patrick Wood for putting the jigsaw puzzle together!
Ipso-facto
Just to show how well “trained” the Gold mkt is……it opened down a dollar at @1174.58 and then lost another dollar before it did it’s permitted 1 % rally…….amazing.
Sucker Punch
Here Comes “Prexit”: Puerto Rico In “Death Spiral”, Debts Are “Not Payable”, Governor Refuses To “Kick The Can”
Old and Wise
Those thinking..
WTC7 can not free fall.. so absolutely everything yon think is what..? Greece..you must be joking..need to know? A cheap joke . spend and worthless. It is a
The EU .is the system..Copper 1913..
I am certain ..again Greece . is really a name and will be in the EU in the euro.
.if not..the wagon wheel has stopped.
Maddog @ 21:14
Looks like the cretins are trying to preempt any rise in gold. Couldn’t get more obvious.
Word is that Tsipras
always wanted out of Zero, but because majority wanted in, he had to make it so bad that majority will want out.
Hence Brussels fell into trap and no-one is positioned for outright exit….this could get very messy. ECB Greek losses alone could wipe out all it’s Capital !!!!!!
http://www.zerohedge.com/news/2015-06-28/why-ecb-suddenly-has-huge-headache-its-hands-one-chart
PPT will have to be in 24/7 and for years, as once Greeks go, how long before Portugal…..Spain etc
WANKA
Canny! 
Wanks – but, but, but
BoPo always underestimates the manipulating crooks.
We’ll be lucky to be higher even $1 tomorrow.
Buygold @ 16:57
It’s going to be Ok cause Tsipras says people’s money in the banks is safe.
Phew! I was worried for a minute!
Deep, Deep, Deep Down the Rabbit HOLE
Man, I thought I had it all figured it out, but this ties it altogether. It is rather long, but a must listen. Bookmark it and listen in increments!
From a Zero Hedge thread tonight
knukles
Classic flight to quality panic time.
Now we’ll get to see the true measures of Central Bank manipulations, for they’re gonna want to pump stocks and slam gold. Flight to quality, any port in the storm. And why not one would say, let the market’s open, assess the magnitued of the damages and then act “accordingly”.
I’ll guarantee you that Kevin et al and the boys at the BoE, BIS, etc., are already at their desks.
Pizza!
This is going to be the classic sit back and watch the CB muscle and Propaganda time.
Enjoy, my friends.
Have one for me, Kaiser.
BTW, I’d help out with the Z$ 10,000,000,000,000,000,000 but I just gave that amount, my very last, away to some guy in Nigeria who keeps sending me faxes.
BTW2, word association: Crowded theater … Fire!
Sun, 06/28/2015 – 18:40 | 6246635 RockyRacoon
All the indices are bouncing hard off those opening bottoms/tops. 1 to 2 percent is puffery. BTFD is alive and well…. even if the PPT has to do all the heavy lifting.
http://finviz.com/futures_charts.ashx?t=ALL&p=m5
NDXTrader
Massive buy blocks coming into S&P Futs. Either central banks or hedgies with some money to burn. Nothing would surprise me, including being green by 9:30 am. What would stop them from doing it?
My guess is that the Fed wouldn’t mind a little correction here. Blame Greece and not an interest rate hike. But tomorrow is the last day of the quarter to grab the 20 of the 2/20
Wanks – Love your enthusiasm
but sorry, up$12 is the cap. I’d be willing to bet the DOW goes positive by noon tomorrow and pm’s are back down again – UNLESS…..bond markets get slaughtered…in that case, all bets are off.
For now though, everything seems wells contained, it’s all good. 🙁
The nightmare for the Greeks continues – we can give trillions to banks but can’t bailout The Greek people
Greek Capital Controls Begin: Greek Banks, Stock Market Will Not Open On Monday
Submitted by Tyler Durden on 06/28/2015 12:52 -0400
Update 2: Greece’s Skai reports that if/when banks reopen (supposedly on Tuesday), a 60€ withdrawal limit will be imposed.
Update: In a televised address to the nation, Greek PM Alexis Tsipras assured Greeks that their deposits are safe despite an upcoming bank holiday and despite the fact that Greek stocks will not open for trading on Monday. Tsipras also said Athens has re-applied for a bailout extension and urged Greeks to “remain calm” in the face of what is sure to be a turbulent week.
- GREEK PRIME MINISTER SAYS GREEK PEOPLE SHOULD REMAIN CALM
- GREEK PM: BANK OF GREECE PROPOSED BANK TRANSACTION RESTRICTIONS
- GREEK PRIME SAID GREECE RE-APPLIED FOR BAILOUT EXTENSION
- GREEK PRIME MINISTER SAYS DEPOSITS ARE COMPLETELY SAFE
Earlier:
Despite the reassurances from any and all elected (and unelected) officials, given the run on bank ATMs in Greece has turned into a stampede, it is not surprising that:
- GREEK BANKS TO REMAIN CLOSED FROM MONDAY FOR A WEEK: PIRAEUS BANK CEO
- PIRAEUS BANK CEO THOMOPOULOS SPEAKS TO REPORTERS IN ATHENS
The announcement was made when Piraeus Bank CEO Anthimos Thomopoulos told reporters after a meeting of the government’s financial-stability panel on Sunday. The launch of capital controls just as the Greek summer tourism season starts, is sure to be the final crushing blow to Greece, whose entire economy will now grind to a halt.
__________________________________________________________________________________________________________________________________________
My comment: The Euro will get smashed, will that be the reason to smash gold? Hope not.
Maya @ 13:44
“old drachmas” I’d bid a whole lot for them! A whole lotta nothing! 🙂
Maya…look for a big gold drop on Monday on that news….
Greece to shut banks and stock exchange on Monday as crisis deepens
Submitted by cpowell on 10:47AM ET Sunday, June 28, 2015. Section: Daily Dispatches
By Lefteris Papadimas and John O’Donnell
Reuters
Sunday, June 28, 2015
Greece’s banks and stock exchange will be shut on Monday after creditors refused to extend the country’s bailout and savers queued to withdraw cash, taking Athens’ standoff with the European Union and the International Monetary Fund to a dangerous new level. …
The head of Piraeus Bank, one of Greece’s top four banks, speaking after a meeting of the country’s financial stability council, said banks would be shut on Monday while a financial industry source told Reuters the Athens stock exchange would not open.
Scruffy “to get to work to raise awareness and organize folks for real change.”
Our dear leader loves to use the word “folks”….yes, he is so folksy….also change we can believe in…in fact, he cares so much for the folks, he has made a huge effort to rush thru-in secrecy–the trans pacific partnership and other folks oriented trade deals that will ship more jobs abroad and close more factories
He wants to just feather his nest so that after he leaves the white house he can get paid 1/2 a mill for a speech or a mill for sitting on a corporate board…who can blame him….it’s every man for himself these days…
ipso facto @ 9:54
Greek bank runs…
I have some old Drachma I saved from 1974.
What am I bid…? 🙂
This oughta be good for the next $100 drop in gold-lol
World Is Defenseless Against Next Financial Crisis, BIS Warns
By Peter Spence
The Telegraph, London
Sunday, June 28, 2015
http://www.telegraph.co.uk/finance/economics/11704051/The-world-is-defen…
The world will be unable to fight the next global financial crash as central banks have used up their ammunition trying to tackle the last crises, the Bank of International Settlements has warned.
The so-called central bank of central banks launched a scatching critique of global monetary policy in its annual report:
http://www.bis.org/publ/arpdf/ar2015e.htm
The BIS claimed that central banks have backed themselves into a corner after repeatedly cutting interest rates to shore up their economies.
These low interest rates have in turn fuelled economic booms, encouraging excessive risk taking. Booms have then turned to busts, which policymakers have responded to with even lower rates.
Yuan denominated Gold fix
China Challenges Gold Price-Setting Regime; Confirms Launch Of Yuan-Denominated Fix