Posts by "catnip"

I have no idea about Gold. Sure the US notes yields point to lower gold futures but if it is correct
ETFs are merely sinks to attract gold interest into paper gold not backed by physical gold...
shouldn't physical gold skyrocket?

Imo Greece is already out of focus. Greece was/is like a cheerleader or a canary in a mine but is fundamentally not a big problem. As far as I see from CDS the next and that is really big target is France. However I expect no extraordinary moves in EUR/USD in the coming week. The real storm is still brewing. Also I believe DOW will hover above 11000 could break 11000 to drop to 10700 by end of week. I think this won't be very likely. No one could harm GS as GS has a desastrous bomb, derivatives that easily outdo Lehman's.

Here we go...
Germanys financial regulator, Bafin, asked the SEC for details on the suit, a spokesman for Chancellor Angela Merkel said.

Politicians that were forced to bail out their banks during the financial crisis are turning on Goldman, which critics say helped caused the turmoil and profited from it. The European Union is also probing Goldmans role in arranging swaps for Greece that may have masked the countrys budget deficit.

Can IQ be negative a black hole that does not only not emit information but sucks up all IQɬ thus that eventually total IQ is 0 ?
YES! YES IT CAN!
Bafin is a bunch of overpaid govt officials who are ok they work all night and they sleep all day....
Eustat is as big as Bafin but has EU officials who are paid 3 times that of the Bafin thinkers...
spell the word "work" please ... huh? never heard that word.

This is going to outdo the best sketches of Monty Pythons.

Perhaps this volcano eruption could prevent the meeting of a bunch of idiots taking place in Athens?
This were indeed something good. Chancellor Merkel's remake of Blitzsieg.... ashes to ashes dust to dust ... I hope the volcanic ashes could revoke cold reason and cease bubble talk.

I tend to think oil plunges as Goldman is a major speculator in crude. I believe DOW will return uptrend up to 11300 and then crash . Just a failure of disclosure of conflicts is not such a big story we had such here plenty of times and always the banks came out stronger than before ( it created some new jobs at banks ) . DOW will crash due to China issues .