I think the war thing is over blown; I find alot of the other things very interesting though...
still around...bumping this post. im hunting for a long shot...laugh if you must, but does anyone know whats going on with the oil in Iraq? is it still being sought, drilled, or are the oil fields not being worked?
This stupid thread was started in 2015 titled the recession has begun.
Where is the recession?
Looks like 13 pages of fear mongering to me!
Where is the recession?
Looks like 13 pages of fear mongering to me!
man...I said it before and ill still say it again. I am not here to convince you. I am throwing out info for you to research. what are you looking for? are you looking for the day the media will come on tv and say...the stock market is crashing and the world is coming to an end...by the time you here that..shit will be over....same in 2008, by the time we heard about it, It was already on the brink. Man use your own eyes, brain, and critical thinking skills. its easy to throw doubt but keep watching the global markets. they are not doing well.
Oh, the irony.
Iraq is moving along - its a full out civil war - the gov't is corrupt and did everything they were told not to do, suppressing
Shie-its etc--- Now Iran controls half the country, ISIS controls 20% and the Kurds got 10%, the US backed Iraq gov't really only control 20%, oil production continues but the gov't isn't getting all of it
I wish you luck...This stupid thread was started in 2015 titled the recession has begun.
Where is the recession?
Looks like 13 pages of fear mongering to me!
They are going to crash the markets before the elections... (I'm not guessing, just relaying)
and at this point because things have changed globally, I really can't say what's coming from what I have been told, it's just not going to good, major change has been pushed to next year, so no one knows what will come between then and now. It won't be pretty and I'm not fear mongering anything, I don't even know how to prep for this. All these things happening, like these minor terror attacks, aren't random acts.
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What are these "major changes" you speak of?
Predominantly the bringing forth of assets of each country, ridding the world of the majority of fiat backed currency. Iraq is one of the countries the US controls, they hold not only oil but a ton of gold that many don't know about. All this death and destruction is the ongoing of those that don't want this change to come about. Cause they ultimately lose some control of what they do. War is good for them, they make money when they play both sides.
While cats on here preaching doom and gloom, I made 10% in the market the last 8 months. ron paul-ass niggas...
I just hope you have a good hedge set up
ok so if the markets don't crash this year will you delete this thread or move the goal post again
wtf are you talking about? no one moved a goal post- the global markets are still a mess... the US markets are still seeing increased volatility... and the issues currently ignored from 2008 are still evident. Only thing is now Venezuela is on fire and Brazil is following - thats enough to drag down South America and Caribbean... All nations that produce oil are getting desperate, including Saudi Arabia.
all of thats independent of Europe central bank problems in Spain Greece and Italy... And Deutsche Bank is failing...
Central banks are propping up the global economy right now, y'all think because FTSE and Dow rallied since brexit its all good... Central banks are just putting fresh timber in to shore up a termite infested house
If y'all want to keep your heads in the sand... I wish you luck
how much money you have in the stock market as of today?
very little in equities...most of my port is now in bonds and hedge with commodities and derivatives
interest rates have nowhere to go but up. why is your money in bonds?
safety - all of my risk is in derivatives
online savings accounts make more than bonds right now.
You and Mixd been typing a whole bunch of nothing with cornball links to boot but keep moving that goal post it suits you two!
Yes, because we both hold the fate of the entire world in our hands and can determine the outcome of global financial events, yep, blame us for missing the mark. But like I've said numerous times, all this is way above my pay grade, am just relaying a lot of what I have been told. I'm not guessing any of this chit. That's not my style. Choose to believe what you want, just discern the info, cause all I post is in relation to what is on course of things.
You're relaying a shitty baton.
So you feel this way about there won't be a recession or all these world events are not happening? Please explain what isn't happening with your infinite wisdom
I just farted. What are the economic ramifications for that? I'm eating well, so retail chain restaurants are going up. I'm using toiletries, so proctor and gamble is a must. I may need a new toilet after I'm done in the bathroom, so let me long Home Depot.
If all the wealth is concentrated, if someone losses a trillion dollars, isn't it easier to say one rich guy had a bad day? The regular guy isn't in the markets.
Nope this is nothing to do with the markets in that aspect of losing money. What happened in 08 affected many as in jobs, cost of living and so forth. So to say that all these signs are BS, ok, entitled to your own opinion. What's happening effects us all.
what we're warning about isn't solely the markets - we're saying that there is a lot of evidence and economic events around the world that are weakening the banks which were already unstable to begin with.
No one in this country is paying attention to Venezuela when they should be taking notes.
Why should we pay attention to Venezuela? I remember posting back in 2012 that that guy wasn't going to be reelected in 2018. The painful truth is Cuba is fine, but their bastard children aren't. Venzeula isn't a canary for the economy, it's proof that some countries are meant to be unstable.
Please explain what you mean by "that some countries are meant to be unstable?"
IMF sets new SDR calculation method for prepare for Yuan's entry
The International Monetary Fund on Monday said it adopted a new methodology for calculating the currency amounts in the Special Drawing Rights (SDR) the fund uses for transactions, partly to ensure that China's yuan meets the IMF Board's intended weighting.
The changes will apply to a historic rebalancing of the SDR basket on Oct. 1 to include the yuan for the first time, a step that gives China prized reserve currency status and moves the yuan a step closer to being freely usable internationally.
The relative amounts of dollars, euros, yen, pounds and yuan to achieve these weightings in the SDR basket will be set on Sept. 30 and will be fixed for five years.
But the IMF said its previous method of calculating currency amounts in past rebalancings had caused deviations from the intended weights due to complex rounding calculations and other issues. In the 2010 rebalacing, the old method resulted in a dollar weighting that was nearly half a percentage point above the board's intended target.
The new method will involve simpler rounding calculations out to five significant digits, with the potential to round to six digits to more accurately match intended weightings.
The IMF said the method will be easier to replicate on a simple spreadsheet, providing more transparency to market participants.
"The amended methodology allows final currency amounts to produce currency weights that are very close to the weights adopted by the IMF," the fund said in a statement.
In November 2015, the board agreed to introduce the yuan into the SDR basket with a weighting of 10.92 percent. It left the dollar relatively unchanged at 41.73 percent, and reduced weightings for the euro, yen and pound to 30.93 percent, 8.33 percent and 8.09 percent, respectively.
The dollar has risen in value significantly against these currencies since the decision.
In the run-up to the yuan's introduction into the SDR, the IMF said it will publish weekly the prospective calculations of the currency amounts in the SDR basket using the new method.
http://www.reuters.com/article/us-imf-forex-sdr-idUSKCN105291
The Dollar Starts Dying One Month From Today
http://agorafinancial.com/2016/08/04/the-dollar-starts-dying-one-month-from-today/
http://agorafinancial.com/2016/08/04/the-dollar-starts-dying-one-month-from-today/
And assuming this is true what is the fucking play?