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[avatar333] 24/4/2013 16:17

108545

Thanks, lol short killer.

[jazza] 24/4/2013 16:15

leedskier 24 Apr'13 - 16:11 - 108546 of 108547

and, more importantly, by GDP?

[leedskier] 24/4/2013 16:12

LLOY's chart was mentioned this morning:

FLASH: RBC Capital Markets reiterates outperform on Lloyds Banking Group, target 65p from 69p
22 April 2013 | 11:54am

[jazza] 24/4/2013 16:03

Russia is a relatively small nation with lousy demographics.

Putin won't be cutting the legs out from under anything (except maybe his political opponents, in the gulag).


EDIT: Infowars (Alex Jones, chief nutjob) makes zerohedge look credible. No mean feat.

;)

[jazza] 24/4/2013 16:01

Petulence eh?

Merely pointing out that vengeance and "being seen to be doing something" are not great problem-solving techniques..

:p

[leedskier] 24/4/2013 16:00

Feb 13, 2013
Will oil soon be traded in a currency that is thousands of years old? What would a "gold for oil" system mean for the petrodollar and the U.S. economy? Are Russia and China hoarding massive amounts of gold because they plan to kill the petrodollar? Since the 1970s, the U.S. dollar has been the currency that the international community has used to trade oil around the globe. This has created an overwhelming demand for U.S. dollars and U.S. debt. But what happens when the rest of the globe starts rejecting the increasingly unstable U.S. dollar and figures out that gold can be used as a currency in international trade? The truth is that it doesn't take a lot of imagination to figure that out. Demand for the U.S. dollar and U.S. debt would fall off the map and there would be a rush into gold unlike anything we have ever seen before. So are Russia and China accumulating unprecedented amounts of gold right now because they eventually plan to cut the legs out from under the petrodollar and they want to gobble up huge stockpiles of gold before the cat is out of the bag? Of course they will never admit this publicly, but there are rumblings out there that this is exactly what is happening.

[leedskier] 24/4/2013 15:51

Dope it is all part of the USD trade and in turn the US Treasury Bill auctions. The prospect of China and Russia, to name but two, moving out of the USD and into gold would have had serious consequences for US Treasury Bills.

[dope007] 24/4/2013 15:47

Maybe it is all part of the Gold swindle trade. Sell your gold and buy these luverly shiny equities that are going up....

[avatar333] 24/4/2013 15:47

'They' wanted it to?

;

[dope007] 24/4/2013 15:46

Todays excuse to shoot up is?

[leedskier] 24/4/2013 15:46

Yessssss ... as you can see R. I am not taking prisoners today!

add:

I think it was cfc's outburst this morning followed-up by jazza's petulance, which made me wonder why I bother anymore.

[ramco] 24/4/2013 15:44

Yep...and it had to be players of that size to be conduits
in order to impact that kind of carnage under the cover
of normal flows....;

[leedskier] 24/4/2013 15:40

There is something terribly wrong about Britain or at the very least the Border Agency.

A British former serving soldier -- as it happens a white British born former serving soldier, now aged 34 and employed by a removals company, marries a young woman from Africa.

The Border Agency, no doubt staffed with fat ugly unloved middle aged women, decided on the toss of a coin that that marriage is sham because they suspect there is no emotional attachment. A glance at the wedding photographs might suggest otherwise.



I have read a number of these cases. I used to believe it is automatic that if a British man, like Clegg, to name just one of many MPs, married a woman from overseas she and their children acquired UK nationality. Not anymore it seems. Much better to pick one's overseas bride from Romania or Bulgaria, then she can enter as of right, along with all her relatives.

The real truth of the matter is it depends on the social and economic status of the groom. If the soldier was a retired Coldstream Guards officer, now working for a City investment bank or indeed Michael Caine, the paperwork would have been doubled back to him with all necessary approvals within a very short time span.

[leedskier] 24/4/2013 15:19

I wonder if it was JP Morgan acting as agent for the Federal Bank which caused this ETF tsunami....

Gold holdings through exchange- traded funds and products plunged $20 billion and are heading for the biggest monthly decline on record after central bank easing and slumping global economic growth failed to avert a bear market in the metal.

[leedskier] 24/4/2013 15:14

ahhhhhh I see your 108526 post was referring to the United Kingdom of Great Britain and Northern Island, Ramco ....



While the dismal news of endlessly rising food stamp recipients in the US seems to be glossed over by most of the media because, well, stock markets are at all-time highs, in Britain, things are becoming increasingly awful. As the FT reports, the number of people receiving emergency food rations has surged from 130,000 to almost 350,000 in the past year. As inflation eroded incomes and government austerity pushed hundreds of thousands into crisis, the 'working poor' has emerged. The food bank provider estimates about half of the households it helped has at least one person in work. During the Great Depression, the desperation was graphically evident with long lines of families waiting for soup; in the new depression, the record levels of starving and needy are hidden by a blanket of EBT cards and direct transfers from government. The situation is no less terrible - no matter how hidden from view. As one food bank manager noted, "the fundamental thing is that more and more people are living an increasingly precarious life financially."

[leedskier] 24/4/2013 15:11

West Texas Intermediate crude advanced to a one-week high amid speculation that the European Central Bank will cut its key interest rate to a record low next week to bolster economic growth.

Futures gained as much as 0.9 percent as banks including UBS AG and Royal Bank of Scotland Group Plc (RBS) forecast that the ECB will cut borrowing costs to 0.5 percent. Prices slipped from the day's high after orders for U.S. durable goods dropped and the Ifo institute said German business confidence fell. The Energy Information Administration is projected to report today that U.S. crude supplies rose to the highest level in 22 years, according to a Bloomberg survey.

"Anticipation of an ECB interest rate cut and further stimulus are all that's holding up the market," said Phil Flynn, senior market analyst at the Price Futures Group in Chicago. "The durable goods and the Ifo numbers were terrible and point to weaker demand. If you look at the supply and demand outlook, the picture is grim."

[leedskier] 24/4/2013 15:09

I see GSK are selling Ribena and Lucazade for £1bn.

edit:


Or rather hoping too.

[leedskier] 24/4/2013 15:05

Breaking News

Starbucks seeks fresh US tax breaks
Starbucks has launched a fightback in the US to protect and expand tax breaks on foreign profits – just months after its tax structure provoked a political backlash and public relations crisis in the UK.
In a letter to lawmakers on the House of Representatives' ways and means committee – which is weighing a sweeping overhaul of the US tax system – the coffee shop chain said its global effective tax rate exceeded 32 per cent.
Starbucks also said it was willing to consider forgoing some US tax breaks, such as the domestic manufacturing deduction and accelerated depreciation on business investments, as long as the revenues could be used to lower the corporate tax rate down from its current level of 35 per cent.
But in addition, the coffee chain insisted Congress should continue allowing the deferral of US tax on foreign sales of coffee beans – which are protected by an "agricultural commodity exception" under US tax rules. It also asked that taxes on royalty revenues – which were at the centre of the UK tax furore last year – should also be deferred until the money is brought back to the US.

[leedskier] 24/4/2013 15:02

Is that in Somalia or Illinois?

[ramco] 24/4/2013 14:59

As the FT reports, the number of people receiving emergency food rations has surged from 130,000 to almost 350,000 in the past year. As inflation eroded incomes and government austerity pushed hundreds of thousands into crisis, the 'working poor' has emerged. The food bank provider estimates about half of the households it helped has at least one person in work. During the Great Depression, the desperation was graphically evident with long lines of families waiting for soup; in the new depression, the record levels of starving and needy are hidden by a blanket of EBT cards and direct transfers from government. The situation is no less terrible - no matter how hidden from view. As one food bank manager noted, "the fundamental thing is that more and more people are living an increasingly precarious life financially."

[ramco] 24/4/2013 14:57

wouldn't sweat it lol short killer you will get plenty of opportunities lower before long I suspect...;