Financial topics
Re: Financial topics
Last edited by aedens on Sat Apr 20, 2013 10:04 pm, edited 3 times in total.
Re: Financial topics
Copper fell more than 3.5 percent and closed at $3.1875, its first close below the key support level of $3.20 since October 2011. Copper has moved down in the commodities shakeout that knocked more than 2 percent off the price of oil Wednesday.
Reminder: Earlier this year the SEC gave permission to JP Morgan (NYSE: JPM ) to create an exchange-traded fund that's backed by physical copper. If that fund draws enough interest it could spur an increase in copper prices as these funds have done in the past with other commodities like gold and silver. While it remains to be seen how this new ETF will affect prices, it's something to watch over the coming year.
The whole complex is riddled with paper chasers now as just seen.
Dr. Copper needs to be watched close. https://duckduckgo.com/?q=copper+reserves+2013
Maybe we can see a botton soon since some useless leveraged paper was snuffed out.
BHP Billiton (NYSE symbol: BHP.)
Freeport-McMoRan (NYSE symbol: FCX.)
The Newmont Mining Corporation (NYSE symbol: NEM.)
Pacific Copper Corp (NASDAQ symbol: PPFP.)
Rio Tinto (NYSE symbol: RTP.)
Sterlite Industries (NYSE symbol: SLT.)
The Southern Copper Corporation (NYSE symbol: SCCO.)
http://www.gold-speculator.com/munknee/ ... culator%29
As you can see from the chart above copper inventories are now at highs not seen since nearly 10 years ago.
If this is a case of Dark Copper coming back into the official warehouses it would validate some theories regarding base metals being used as financing source in China. FT.com posts dated March 31, 2011 and April, 26 2012 provide good roundups of the possibility and mechanics.
http://merrillovermatter.blogspot.be/
I will wait for the clearing mechanism's on some moves as we have seen on delivery's in the metal segments
then branch out after due diligence for yeilds. We will never get rid of margins since business needs it to secure lines.
Its next ideal low is in March 2014. Therefore we have not concentrated much analytic effort on the market.
However, given the combined breakdown... http://eideticresearch.com/uploads/2/8/ ... ations.pdf
I will walk now since you must trust and verify it all now going into equity. Take the time since some paper pidgeons just got decimated.
Reminder: Earlier this year the SEC gave permission to JP Morgan (NYSE: JPM ) to create an exchange-traded fund that's backed by physical copper. If that fund draws enough interest it could spur an increase in copper prices as these funds have done in the past with other commodities like gold and silver. While it remains to be seen how this new ETF will affect prices, it's something to watch over the coming year.
The whole complex is riddled with paper chasers now as just seen.
Dr. Copper needs to be watched close. https://duckduckgo.com/?q=copper+reserves+2013
Maybe we can see a botton soon since some useless leveraged paper was snuffed out.
BHP Billiton (NYSE symbol: BHP.)
Freeport-McMoRan (NYSE symbol: FCX.)
The Newmont Mining Corporation (NYSE symbol: NEM.)
Pacific Copper Corp (NASDAQ symbol: PPFP.)
Rio Tinto (NYSE symbol: RTP.)
Sterlite Industries (NYSE symbol: SLT.)
The Southern Copper Corporation (NYSE symbol: SCCO.)
http://www.gold-speculator.com/munknee/ ... culator%29
As you can see from the chart above copper inventories are now at highs not seen since nearly 10 years ago.
If this is a case of Dark Copper coming back into the official warehouses it would validate some theories regarding base metals being used as financing source in China. FT.com posts dated March 31, 2011 and April, 26 2012 provide good roundups of the possibility and mechanics.
http://merrillovermatter.blogspot.be/
I will wait for the clearing mechanism's on some moves as we have seen on delivery's in the metal segments
then branch out after due diligence for yeilds. We will never get rid of margins since business needs it to secure lines.
Its next ideal low is in March 2014. Therefore we have not concentrated much analytic effort on the market.
However, given the combined breakdown... http://eideticresearch.com/uploads/2/8/ ... ations.pdf
I will walk now since you must trust and verify it all now going into equity. Take the time since some paper pidgeons just got decimated.
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Last edited by aedens on Thu Apr 18, 2013 10:48 pm, edited 2 times in total.
Re: Financial topics
In my humble opium opinion, I think "their" (whatever definition "that" may now PC be) changing the paradigm...screw taking the credit. Just do...a familiar good 'ol all-American NIKE quote...it. Everyday and will be a moment of silence event.aedens wrote:http://www.kwtx.com/home/headlines/Expl ... 05331.htmlIceman wrote:With all the BS coming off the newswires...nice capture news anchor aedens. Otherwise...thanks for keeping me informed with all the "other" reporting you and et, al...do.
http://www.youtube.com/watch?v=SJ-5lO-yaOg
Re: Financial topics
Traction is coming back on internalized audits to mitigate this monster. Be very carefull. This warm reboot we noted is going to take some time.
http://www.zerohedge.com/sites/default/ ... System.pdf
http://www.zerohedge.com/news/2013-04-1 ... s-housing-
http://www.zerohedge.com/sites/default/ ... System.pdf
http://www.zerohedge.com/news/2013-04-1 ... s-housing-
Last edited by aedens on Sat Apr 20, 2013 10:06 pm, edited 3 times in total.
Re: Financial topics
Locals note: They are fleeing Puerto Rico for the same reason that everyone else is - decades of dependance on US welfare has destroyed the island's economy and culture. Only criminals and the poor are seen on most streets. This is what "social programs" accomplish.
Last edited by aedens on Thu Apr 18, 2013 2:57 pm, edited 5 times in total.
Re: Financial topics
I have always voted Tory previously, but I dont see myself doing so again. In fact I got a bit curious about UKIP 18 months ago, and actualy became a member of the `party` , and for the princely sum of £40 have been bombarded ever since with invitations to meetings of local members in pubs - get togethers in private houses - events where Mr F himself is speaking and endless e mail links to media coverage. I have to say the organisation is impressive. It is gaining traction in middle England at a steady pace and will destroy the Tory vote at the next election. However there is a hell of a long road to travel before even winning a serious number of westminster seats is realistic. And dare I say it a lot of policy to be set out...
I have related on here before how 6 odd years ago I had occasion to e mail my Euro MP reps about a bit of agriculture legislation (because we elect our Euro MP`s via proportional representation each `citizen` has more than one) Labour / Tory & Lib Dem reps replied by post with varying degrees of condescension and disinterest. Farage (who I had never heard of before) rang me up - at 8 am the next morning, having read and understood my letter he explained exactly how the vote would go, who would vote with whome and what the outcome would be. He was 100% acurate in his prediction, he described the legislation as `bollocks` and assured me he would vote against it (with the French, which amused him greatly) it did not get through. That Gentlemen is how our elected representatives should behave.
Blue is Red here and going to wear cement boots even here soon I dare to speculate. The force runs deep in the captivated pilgrims who escaped to
stare only at Plato's wall of entertainments. The other people money desease is very deep indeed. As for the 47% who pay no taxes we are aware of the hidden taxes of imposed burdens to that avarice induced and infamous hubris that cost you. Still waiting for Arizona to blow the bridges to keep the Kalifornia Marxists out. http://nramemberscouncils.com/legs.shtml
I have related on here before how 6 odd years ago I had occasion to e mail my Euro MP reps about a bit of agriculture legislation (because we elect our Euro MP`s via proportional representation each `citizen` has more than one) Labour / Tory & Lib Dem reps replied by post with varying degrees of condescension and disinterest. Farage (who I had never heard of before) rang me up - at 8 am the next morning, having read and understood my letter he explained exactly how the vote would go, who would vote with whome and what the outcome would be. He was 100% acurate in his prediction, he described the legislation as `bollocks` and assured me he would vote against it (with the French, which amused him greatly) it did not get through. That Gentlemen is how our elected representatives should behave.
Blue is Red here and going to wear cement boots even here soon I dare to speculate. The force runs deep in the captivated pilgrims who escaped to
stare only at Plato's wall of entertainments. The other people money desease is very deep indeed. As for the 47% who pay no taxes we are aware of the hidden taxes of imposed burdens to that avarice induced and infamous hubris that cost you. Still waiting for Arizona to blow the bridges to keep the Kalifornia Marxists out. http://nramemberscouncils.com/legs.shtml
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Last edited by aedens on Thu Apr 18, 2013 4:18 pm, edited 4 times in total.
Re: Financial topics
http://seekingalpha.com/article/1350181 ... urce=yahoo
It is a complicated situation, and that is why I say you have got to be willing to do the work to stay on the right side of it. Or, if you are a normal person with a normal job and life, then associate yourself with people who are willing to do the work with an open mind, subject to the many twists and turns that this wonderfully complex macro situation is going to present. People should know by now that nobody has all the answers. This is a work in progress on the macro. Dogmatic beliefs will be (and have been) punished. CCI commodity index topped in early 2011; 2 years ago.
Additional disclosure: No positions mentioned.
The Chinese Communist Party has penetrated all aspects of the country, especially the financial sector and banking system. As a result, China’s financial sector as a share of the country’s GDP is much higher than is typical of emerging market economies. Although China formally recognized the legality of privately-owned enterprises in 1988, China’s stock market was established in 1991 for the primary purpose of concentrating trading in government bonds. Banks subsequently displaced individuals as investors in government bonds. A senior executive at a large Chinese bank reportedly stated, “Right now, China’s banks are ill equipped to lend to small- and medium-size enterprises partly because of a lack of expertise in assessing risks.”
Source: “China Tests Looser Financial Model,” by Lingling Wei, Dinny McMahon and Tom Orlik, Wall Street Journal (March 29, 2012). zh
http://www.zerohedge.com/sites/default/ ... System.pdf
It is a complicated situation, and that is why I say you have got to be willing to do the work to stay on the right side of it. Or, if you are a normal person with a normal job and life, then associate yourself with people who are willing to do the work with an open mind, subject to the many twists and turns that this wonderfully complex macro situation is going to present. People should know by now that nobody has all the answers. This is a work in progress on the macro. Dogmatic beliefs will be (and have been) punished. CCI commodity index topped in early 2011; 2 years ago.
Additional disclosure: No positions mentioned.
The Chinese Communist Party has penetrated all aspects of the country, especially the financial sector and banking system. As a result, China’s financial sector as a share of the country’s GDP is much higher than is typical of emerging market economies. Although China formally recognized the legality of privately-owned enterprises in 1988, China’s stock market was established in 1991 for the primary purpose of concentrating trading in government bonds. Banks subsequently displaced individuals as investors in government bonds. A senior executive at a large Chinese bank reportedly stated, “Right now, China’s banks are ill equipped to lend to small- and medium-size enterprises partly because of a lack of expertise in assessing risks.”
Source: “China Tests Looser Financial Model,” by Lingling Wei, Dinny McMahon and Tom Orlik, Wall Street Journal (March 29, 2012). zh
http://www.zerohedge.com/sites/default/ ... System.pdf
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Last edited by aedens on Sun May 05, 2013 7:12 pm, edited 3 times in total.
Re: Financial topics
The Beveridge Report cited five social evils in the United Kingdom: squalor, ignorance, want, idleness and disease.
Start there and end, as for education in the public morass hire independant tutors to repair the damages from public education.
As we warned they are after the raw material to mangle it. http://gdxforum.com/forum/viewtopic.php ... 995#p18995
After the dax was ravaged and flash crashed the algo plague moves and attacks the japanese nightmare.
http://www.zerohedge.com/news/2013-04-1 ... ese-stocks
While the following two charts speak for themselves, we challenge anyone (especially in light of existing positioning) to argue that the investing public is not a momentum-chasing, rear-view-mirror-driving, pack of lemmings...
Vanilla will be destroyed.
Start there and end, as for education in the public morass hire independant tutors to repair the damages from public education.
As we warned they are after the raw material to mangle it. http://gdxforum.com/forum/viewtopic.php ... 995#p18995
After the dax was ravaged and flash crashed the algo plague moves and attacks the japanese nightmare.
http://www.zerohedge.com/news/2013-04-1 ... ese-stocks
While the following two charts speak for themselves, we challenge anyone (especially in light of existing positioning) to argue that the investing public is not a momentum-chasing, rear-view-mirror-driving, pack of lemmings...
Vanilla will be destroyed.
Re: Financial topics
Chairman UBS "We are all global banks now."
In 1913, the people of the United States became tenants of the Corporation of the United States.
http://www.zerohedge.com/news/2013-04-1 ... -cans-food
https://duckduckgo.com/?q=George+Lindsa ... +formation.
By the way, this song's for you, sincerely, me.
In 1913, the people of the United States became tenants of the Corporation of the United States.
http://www.zerohedge.com/news/2013-04-1 ... -cans-food
https://duckduckgo.com/?q=George+Lindsa ... +formation.
By the way, this song's for you, sincerely, me.
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Higgenbotham
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Re: Financial topics
If there's going to be an attempt to rally the stock market I think it will come from here.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
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