No doubt all markets, especially pm’ are in the Hotel California
“you can check out any time you like but you can never leave”
No doubt all markets, especially pm’ are in the Hotel California
“you can check out any time you like but you can never leave”
I am sincerely surprised Buygold and Richard640 that you both would be surprised?
Well, enough …as always and i reiterate ….enjoy your days.
Absolutely delusional, Euro Gains on Greek news they will reform . They will not and have proven this over the last century.The key was: they never mentioned accountability to the past fraud………
Additionally, the euro rises against the Australian/ Canadian dollar ..out of portion to any reality. Howl at the moon….insanity. The Chinese market is hotel California “you are there to stay”….and the wagon rolls along.
It all must be the La Nino effect…smile…you may wish to understand this also….No comments on Charlie’s theory….I am really surprised.
SM futures soaring, USD down 1%
PM’s going nowhere.
It never ends.
from apocalyptic end-of-the-world bearish to foaming at the mouth O-so-bullish is a marvel to behold-but “they” have managed to pull it off since the early 1990s-stocks are the place to be–If I am right and stocks have bottomed, then there will be little downside for PMs–and, of course negligible upside-gold only swoons when it should soar-that is during times when confidence in the financial system is shaken.
BLOOMBERG JULY 10th=CSI 300 Index will rally 27 percent from Tuesday’s close over the next 12 months
Fidelity Investments, which oversees the largest China funds outside of the mainland, is joining Goldman Sachs Group Inc. in saying that Chinese stocks are a buy following the worst selloff in two decades.
“As far as the fundamentals are concerned, we are actually quite confident,” Robert Bao, a Hong Kong-based money manager at Fidelity, which oversees more than $2 trillion globally, said in a telephone interview. “We are fully invested.”
Goldman Sachs strategist Kinger Lau predicts that the large-cap CSI 300 Index will rally 27 percent from Tuesday’s close over the next 12 months as government support measures boost investor confidence and monetary easing spurs economic growth. Leveraged positions aren’t big enough to trigger a market collapse, Lau said.
Fidelity is echoing the bullish call from Goldman Sachs, saying the four-week rout that wiped out almost $4 trillion in market valuation has limited impact on earnings and economic growth. Government efforts to stabilize the market will keep the rout from spilling over to the broader financial system, Bao said.
Ignore the ‘Faint Whiff of Panic;’ Global Growth Is Accelerating
by Simon Kennedy
July 10, 2015 — 3:19 AM EDT
You wouldn’t know it given the noise from China and Greece, but the world economy is picking up steam.
Morgan Stanley predicted on Thursday global expansion of almost 4 percent in the second half of this year, up from 2.9 percent in the first six months.
The firm says monetary stimulus is taking hold and will even be extended by 18 central banks this year, enough reason for optimism despite it also forecasting a protracted slowdown in China and 75 percent risk of Greece leaving the euro.
“The strength of domestic demand in developed economies will be the key engine of growth,” Chetan Ahya and Elga Bartsch, Morgan Stanley’s co-chief economists, told clients. “We expect the global economy to continue on the path of gradual recovery.”
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The path to prosperity is paved with fiscal profligacy
The path to poverty is paved with fiscal rectitude
I’m sorry Mr. President, you’re going to have to remove that fag innuendo. (Please let scruffy see this before it gets nuked).
I couldn’t help when I saw Queen fronting Joe in my first vid…
So tonight’s last DJmm tribute to lowly tent dwellers goes to a Mad dog and Englishman, courtesy of the City of London Banksters…
1. MadMike actually put Baileys in the morning coffee
2. winedoc ate kraft dinner and drank apple juice
3. portugeezer accepted Drachmas at his dacha
4. frr brought his date Angela to Athens
5. goldie cut her lox
6. commish took a bribe to stop the media attacks
7. moggy’s cat got innoculated
8. Deadeye missed
9. The witch and the frog kissed
10. Silver went up.
1. SnG refuted Chemtrails
2. Margaret showed up
3. Scruffy voted for Oman
4. Maya’s trains ran on time
5. ipso put a second floor on the cardboard box behind the Quickee Mart. (say, what happens behind behind the Quickee Mart?)
6.BG made money on Kindog
7.RNO had no RPW tornadoes
8. Flag hit one OB
9.wanks allowed a color fellow over his lawn
10. Gold went up