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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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Qingyu
manchester, UK
Posts: 1763
13 years ago
Aug 8, 2011 18:56
obama still said he want to spend...
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Aug 8, 2011 18:52
objection again: the political tug of war was just another alibi: blame it all on S&P we are clean.
Not guilty. Sorry but since S&P has betrayed us, we must ask you for your savings and your gold.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 18:48
s&p would have lost credibility had they not downgraded after the farcical political outcome.
DaveO
UK
Posted Anonymously
13 years ago
Aug 8, 2011 18:46
There was plenty of warning from s&p for the downgrade if congress failed to put in place around $4 tril of deficit reduction measures starting soon, not kick the can again. The downgrade is badly overdue in fact.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 18:41
NYSE breadth 3070 declining issues/66 advancing issues, 25 unchanged of defunct. I wonder if that is a record neg #
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 18:36
yep, confiscation has historical precedence.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Aug 8, 2011 18:31
the selloff has imo nothing to do with US downgrade that's just an alibi... it is a liquidity crunch
orchestrated by the FED . Of course sooner then one might believe gold will be confiscated.
Because by simple bookkeeping the US is as bankrupt as the eurozone.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 18:22
gold follows stocks down except when there is great fear in the mkts. Deflation is bad for gold I agree.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 18:15
All these 8% true trend days will need revising to 100% lol. The 8% stat was taken over a period of 10 yrs.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 18:13
NYSE breadth at multi year lows now. Even lower than the crash of 2008.
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