Ride or Die OCA4LIFE!
Log In:

Notices

General Discussion Anything Goes...

Reply
 
Thread Tools Display Modes
  #1  
Old 09-11-2011
Kal-EL's Avatar
Kal-EL Kal-EL is offline
Superenthusiast
 
Join Date: Feb 2009
Location: Krypton, Hawaii
Posts: 11,028
Rep Power: 10
Kal-EL is on a distinguished road
Default

Decimate some PI
__________________
What kind of community do you intend to re-build?
tell me your sins and I'll sharpen my knife...(Take me to church)
Reply With Quote
  #2  
Old 09-12-2011
MaadDaawg's Avatar
MaadDaawg MaadDaawg is offline
Beyond Help
 
Join Date: Jun 2009
Location: Chicago
Posts: 4,040
Rep Power: 21
MaadDaawg is on a distinguished road
Default

Interesting day today.

Stock market is tanking even more on fears of a European crises evolving around the assumed to be inevitable Greek default. The head of the Euro bank is out right admitting the Euro zone is a mess and doesn't know what to do about it.

Germany and France are publicly arguing whether or not to pay Greece the next round of bailout money unless Greece can put down collateral. With Greek bonds paying upwards of 87% with NO BUYERS, a default is likely soon unless the Germans change direction.

Three French banks that hold large amounts of Greek debt are getting their stocks hammered, while most the big banks in the US are also getting hammered because of their monetary positions with the French banks.

The strange thing is that both gold and silver are experiencing a minor pullback from previous highs so it may (or may not) be a good time to pick up some of both.
__________________

www.maaddaawg.com

Last edited by MaadDaawg; 09-12-2011 at 06:21 AM.
Reply With Quote
  #3  
Old 09-14-2011
MaadDaawg's Avatar
MaadDaawg MaadDaawg is offline
Beyond Help
 
Join Date: Jun 2009
Location: Chicago
Posts: 4,040
Rep Power: 21
MaadDaawg is on a distinguished road
Default French Banks credit downgrade today

because of their holding of Greek debt.

http://www.moneynews.com/Headline/Mo...al&promo_code=
__________________

www.maaddaawg.com
Reply With Quote
  #4  
Old 09-22-2011
MaadDaawg's Avatar
MaadDaawg MaadDaawg is offline
Beyond Help
 
Join Date: Jun 2009
Location: Chicago
Posts: 4,040
Rep Power: 21
MaadDaawg is on a distinguished road
Default URGENT ALLERT

Just received one from a "Safe Money" report I subscribe to. The SHIT IS HITTING THE FAN! In case you haven't noticed, the stock market was down about 470 points today, after loosing something like 300 yesterday! There are people talking a dow 7000 (truly the end of the world lol)

Todays drop took 1/2 trillion dollars of wealth out of the economy!!! Your 401Ks and IRAs probably took a big hit

I had ETFs in gold and silver, but just sold them off since the metal markets are correcting and may drop significantly. If you hold actual bullion, hold it. If you have prescious metal stocks or ETFs, sell them . As per the "expert" that sent me the report.

Buy shorts on the Euro, real estate, oil, and base metals. My Euro short ETF is like a gold mine

Believe or don't believe as you see fit - just passing on some info

Obama fiddles while the US burns - fucked up Bros
__________________

www.maaddaawg.com
Reply With Quote
  #5  
Old 09-23-2011
MaadDaawg's Avatar
MaadDaawg MaadDaawg is offline
Beyond Help
 
Join Date: Jun 2009
Location: Chicago
Posts: 4,040
Rep Power: 21
MaadDaawg is on a distinguished road
Exclamation iNTERESTING VIDEO - Spot on

This is on a non password protected website so i can share it. note somehing this does not mention is that a high rangking official in the Bank of China made a statement not long ago that soon China will be in position to liquidate it's holdings of US Dollars

where they to do that, we'd be fucked big time


video
http://agorafinancial.com/reports/AW...=313494&r=Milo

I'm not advocaing your buying anything they're selling, just posting it for your info
__________________

www.maaddaawg.com
Reply With Quote
  #6  
Old 09-26-2011
MaadDaawg's Avatar
MaadDaawg MaadDaawg is offline
Beyond Help
 
Join Date: Jun 2009
Location: Chicago
Posts: 4,040
Rep Power: 21
MaadDaawg is on a distinguished road
Default

latest as of 9/26

http://www.moneynews.com/StreetTalk/...mo_code=D1FA-1
__________________

www.maaddaawg.com
Reply With Quote
  #7  
Old 09-29-2011
MaadDaawg's Avatar
MaadDaawg MaadDaawg is offline
Beyond Help
 
Join Date: Jun 2009
Location: Chicago
Posts: 4,040
Rep Power: 21
MaadDaawg is on a distinguished road
Default

Wall Street Journal this morning.

"GERMAN'S RECONSIDER THEIR TIES TO THE EURO"

Greece may not get another "bridge loan" and be forced into liquidation

Could the Euro die this week? Probably not, but it's getting close as they are running out of options. US is thought of as last ditch rescuer, but we're so damned broke that ain't gonna happen.
__________________

www.maaddaawg.com
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



All times are GMT -10. The time now is 09:26 AM.

Copyright ©2009-2014, Overclockaholics

Designed by: vBSkinworks