Central banks act!

Discussion in 'Markets & Economies' started by Silverthorn, Nov 30, 2011.

  1. Silverthorn

    Silverthorn Well-Known Member

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    bulletin on MarketWatch.

    http://www.marketwatch.com/story/global-banks-act-to-strengthen-dollar-swap-lines-2011-11-30

    added.

    US dollar dropped in response.

    good jobs data

    http://www.marketwatch.com/story/do...ines-after-adp-2011-11-30?link=MW_latest_news
     
    Silverthorn, Nov 30, 2011
    #1
  2. goldpelican

    goldpelican Administrator Staff Member

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    Damn - AUD up 2c in a matter of moments.
     
    goldpelican, Nov 30, 2011
    #2
  3. Guest

    Guest Guest

    Guest, Nov 30, 2011
    #3
  4. projack

    projack Well-Known Member Silver Stacker

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    White arrow insider trading
    Yellow arrow Announcement


    [​IMG]
     
    projack, Nov 30, 2011
    #4
  5. Guest

    Guest Guest

    You need to add another Arrow for the drop beforehand selling at $1720 and back in below $1705
     
    Guest, Nov 30, 2011
    #5
  6. Aengrod

    Aengrod Member

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    Knock knock, whos there?
    It's me your old pal, high inflation.
     
    Aengrod, Nov 30, 2011
    #6
  7. Guest

    Guest Guest

    Awesome, this is like knowing there's going to be an eruption of a volcano soon, millions will likely be wiped out... but you can't help but find a great seat to watch the show.

    brb getting popcorn.
     
    Guest, Nov 30, 2011
    #7
  8. Silverthorn

    Silverthorn Well-Known Member

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    Silverthorn, Nov 30, 2011
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  9. jnkmbx

    jnkmbx Well-Known Member

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    Insta-boost :|
     
    jnkmbx, Nov 30, 2011
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  10. wallynut

    wallynut New Member

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    Just in time for Xmas shopping online. Must be an anti Gerry move.
     
    wallynut, Nov 30, 2011
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  11. Silverthorn

    Silverthorn Well-Known Member

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    You know I'm starting to get the feeling that TPTB don't like deflation. Who'd a thunk it. :rolleyes:
     
    Silverthorn, Nov 30, 2011
    #11
  12. Ouch

    Ouch Active Member

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    The markets must have been impressed by the World's Best Treasurer mid-year budget review!
     
    Ouch, Nov 30, 2011
    #12
  13. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    Yippe-Ki-Ya, Nov 30, 2011
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  14. Mr.G

    Mr.G Member

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    I had to laugh at this.

    The most ironic quote ever jointly issued by the central banks :

    "The purpose of these actions is to ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity," said a statement issued by the six central banks -- the US Federal Reserve, the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank and the Swiss National Bank.

    So they want to help solve global debit problems by allowing enabling greater credit. I can see why these guys get paid the big buck$.


    Mr.G
     
    Mr.G, Nov 30, 2011
    #14
  15. Turk

    Turk Active Member

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    Let's hope not!

    The Daily Bell have some very well-researched articles.

    (btw, I'm often struck by how much their Chief Editor, Anthony Wile, resembles Disney's 'Flynne Ryder' - from "Tangled"...

    [​IMG]
     
    Turk, Dec 1, 2011
    #15
  16. Guest

    Guest Guest

    They are grasping at straws , OR they are laying more baits.... The cynic in me thinks the latter.
     
    Guest, Dec 1, 2011
    #16
  17. JulieW

    JulieW Well-Known Member Silver Stacker

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    The central bankers will kick the can down the road. The unrepentant and unreformed financial industry will continue its practice of stealing whenever possible without being caught, and the REAL collapse with all its horror will occur in 13/14.

    You only have to look at what the IMF. Tri-lateral commission and the Plutocracy have done to see that this is all a control exercise. I would expect the next crush in the sheep races to be in another 3 or 4 years when they engineer their new world currency, to save the world from the horror of a real collapse next time.

    Still time to get into real assets. Still time to get into PMs
     
    JulieW, Dec 1, 2011
    #17

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