PeakOil Posted October 21, 2004 Report Share Posted October 21, 2004 USDX BREAKS 86!! 85.90 Good trading! Link to comment Share on other sites More sharing options...
machinehead Posted October 21, 2004 Report Share Posted October 21, 2004 Gold $426.60 +1.80 Spoos -2.70, Naz -1.00 Ebay earnings Situation Normal -- All Fooked Up! Link to comment Share on other sites More sharing options...
The brown one Posted October 21, 2004 Report Share Posted October 21, 2004 I feel that I had to impart this chart before it is disappeared! OMG Link to comment Share on other sites More sharing options...
trinharder Posted October 21, 2004 Report Share Posted October 21, 2004 I don't post all that often and when I do I try to keep it market related. I do, however, appreciate the alternative points of view presented here, and the wealth of information not found elsewhere. Free thinking is a valuable commodity, much more precious than gold. Stoolies think outside the box, and because of that I wanted to post what I consider to be a source for those that think like us, namely, alternatively. The media is worthless, NPR has become next to worthless, so other sources are neccesary. Capitol Stool is one of those sources, and here is another for both music (which seems to be quite popular here) and outside the box political thinking (without the conspiracy theories). The headliner from last night's show as an example: The U.S. is the world's greatest military power. Always projecting an image of reluctance and innocence, American presidents attack and intervene in the affairs of other countries. They routinely claim history, providence, destiny or some other abstraction has conferred certain obligations on Washington. The U.S. practices imperialism without formal colonies. Surrogates, often trained in the U.S., are recruited to rule. They implement and enforce Washington's rules. If the natives raise their heads and revolt the empire's centurions are called in. To effectively carry out its imperial projects the "free press" play the vital role of keeping the citizenry in the dark. What can the public do in the age of empire? Alternative Radio: Audio Energy for Democracy (the political part) http://www.alternativeradio.org/index.shtml If not available elsewhere I listen here: (the everything part) http://www.kgnu.org/index.html From that bastion of free thinking, Boulder, Colorado. I part with a comment from Randi Rhodes: There are still Bush supporters because the comfortable have not yet been uncomforted. Link to comment Share on other sites More sharing options...
machinehead Posted October 21, 2004 Report Share Posted October 21, 2004 I feel that I had to impart this chart before it is disappeared! OMG You know the rule, O Brown One -- "bad ticks are usually revisited." So crude oil is going to $500 ... Link to comment Share on other sites More sharing options...
Guest Posted October 21, 2004 Report Share Posted October 21, 2004 A teaser on CNBS may have broader implications than are initially obvious: Maria Bartaromo said: "Gangs of Russian Cyber-Hackers may pose the greatest threat to the global economy." Not a negative word about Russia in recent months, despite Putin's obvious anti-free market power plays.... Now we have the State Department crying foul over the Yukos deal (after the realization that they have jumped into bed with China), and CNBS is suddenly producing propoganda that would clearly position Russia in the crosshairs if/when the PPT chooses to shut down the Internet to prevent a market crash...while blaming it on "Russian CyberTerrorists" Overthinking it? Perhaps. But thinking nonetheless. If you were planning to use an internet slowdown or shutdown to prevent a collapse (something they've obviously been practicing for), you'd at least try to identify a plausible scapegoat, and if you could gain a geopolitical advantage in the process, why wouldn't you? How would anyone know that there are "gangs of Russian cyberhackers"? If a group or "gang" (what a deliberate choice of words) were known, they could be tracked and arrested. Sounds like gangs of US cyber-spooks setting up a false flag operation to me. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 21, 2004 Report Share Posted October 21, 2004 Good read over at Financial Sense Online... "Now I?m just waiting for Big Daddy Deep Pockets to show up in the silver pits (gold too, but silver would be easy to corner). All we need to blow the silver market apart is someone with about a $billion to challenge the paper shorts?it could be Buffett, Gates, Soros, Saudi oil money, Russian oil money, China?s accumulation of commodities, or just good old investment demand due to a falling dollar. If the shorts want to call Big Daddy?s bluff, Big Daddy just pulls out the Big Bankroll and tells them where to deliver the metal?the COMEX is now empty! In today?s financial world a billion dollars is a drop in the bucket. Some of the big hedge funds could do the dirty all by themselves! I think there?s enough sharks in financial land to smell blood in the water. The paper shorts are cornered in silver with the price above $7.30. If the specs can keep pouring on the pressure, maybe we will get to see the commercials cover at a big loss and force the market higher. The big fly in the ointment for the commercials is the deterioration of the U.S. dollar. It?s tough to bring gold and silver down with a falling dollar. Ha-Ha!!"... http://www.financialsense.com/Market/wrapup.htm Once again TAKE DELIVERY The day draws near I have no doubt the comex will be closed one day for the good of the nation... Link to comment Share on other sites More sharing options...
Hiding Bear Posted October 21, 2004 Report Share Posted October 21, 2004 Pick a peck of bad pension projections: MARKET PLACE The Real Consequences of Pension Projections By DANNY HAKIM and MARY WILLIAMS WALSH Published: October 21, 2004 When General Motors conducted its quarterly earnings teleconference last Thursday, the first question from Wall Street was not about Cadillac cars or Chevrolet trucks or the company's no-interest financing deals. It was about health care accounting. And that was before G.M., the Ford Motor Company and the auto supply giant Delphi disclosed this week that they were among six companies asked by the Securities and Exchange Commission to provide information as part of an inquiry into corporate pension and health care accounting practices. Yesterday, Northwest Airlines identified itself as a fourth company. Officials at the S.E.C. have said that they do not know of violations at the companies. But they are generally examining whether corporations alter projections for health care costs, pension plan returns and other factors as a way of manipulating earnings. Apparently, the agency is looking at automakers like G.M. and Ford because they have some of the largest pension plans and offer medical benefits to huge numbers of retirees. When small changes in actuarial assumptions are applied to such huge plans, the resulting numbers can significantly affect earnings. http://www.nytimes.com/2004/10/21/business...html?oref=login Link to comment Share on other sites More sharing options...
machinehead Posted October 21, 2004 Report Share Posted October 21, 2004 Follow the 14-step program Link to comment Share on other sites More sharing options...
The brown one Posted October 21, 2004 Report Share Posted October 21, 2004 Brilliant MH.What a poster!Definitely one for the archive! Link to comment Share on other sites More sharing options...
The brown one Posted October 21, 2004 Report Share Posted October 21, 2004 If you get a chance to see the new BBC2 series "The Power of Nightmares" don't miss it. Shows how the "Straussians" took over US politics and that their quest to achieve their goal of a "utopian" society is not hindered by lying and cheating because the ends are more important than the means. They've also been in apitched battle with the CIA since Reagan times. Link to comment Share on other sites More sharing options...
Guest Posted October 21, 2004 Report Share Posted October 21, 2004 Statements such as these are leading to a total lack of credibility in the oil pits. With the oil spigots wide open and every tanker full already, these repeated claims that somehow OPEC is capable of increasing production is laughable. The oil markets used to respond to these types of OPEN MOUTH operations...but not anymore. Greenspan's comments are already in the rear view mirror, dismissed as the ill-informed ravings that they were. Meanwhile, OPEC president Purnomo Yusgiantoro said Thursday the 11-nation cartel would begin pumping out more crude as soon as possible to meet winter demand. "I have asked OPEC and non-OPEC producers to increase production to ensure that there is enough supply," he said, adding that this was "the best thing that OPEC can do now" to cool prices. http://www.forbes.com/business/businesstec.../ap1601808.html Link to comment Share on other sites More sharing options...
machinehead Posted October 21, 2004 Report Share Posted October 21, 2004 Richard Duncan (author of The Dollar Crisis) is back as a guest columnist at PruBear! He offers an explanation for the recent drop in T-bone yields. He suggests that the supply of paper dollahs is outstripping the amount of gov't debt available to be bought with it ... thus driving up the price of that 'scarce' gov't debt! The chart at the end of his essay will blow your mind -- explode your cranium -- "International reserves expanded by more than a third during the 15 months ending March 2004." Holy sh*t! Who is in charge of this runaway train? What's gonna happen when it bangs into something? Interest rates in the age of paper money Link to comment Share on other sites More sharing options...
Ned38 Posted October 21, 2004 Report Share Posted October 21, 2004 He He Link to comment Share on other sites More sharing options...
The brown one Posted October 21, 2004 Report Share Posted October 21, 2004 Fascinating MH.No wonder that Bill Gross is pissed! He obviously wasn't thinking outside the box as Richard Duncan was. Link to comment Share on other sites More sharing options...
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