Watching the crash live as it happens

Discussion in 'Markets & Economies' started by aleks, Apr 11, 2014.

  1. aleks

    aleks Well-Known Member Silver Stacker

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    NZ interest rates got cut to 3.25% sweet as bro

    Aussie employment figures today
     
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Gregory Manirino on Greg Hunter (the 2 Greg's :) ); reckon's we're collapsing now... and how it should play out

    [youtube]http://www.youtube.com/watch?v=oX_K5GSvjgA[/youtube]
     
  3. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Here's what I took from that video...
    "We have a money velocity at a near 4-decade low"

    TLDR: Buy gold & silver for your future.
     
  4. aleks

    aleks Well-Known Member Silver Stacker

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    PMs rally and GSR is up :)
     
  5. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=ZmnpNln3na0[/youtube]
     
  6. aleks

    aleks Well-Known Member Silver Stacker

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    wow big sell of in china in the last week and still continuing

    More talk of russia helping greece, sounds like they could do with some american democracy or for the ecb to pull the rug under them taking the emergency liquidity
     
  7. aleks

    aleks Well-Known Member Silver Stacker

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    Greece have been given an emergency liquidity top up by the ECB, this is a bank run in slow motion
     
  8. whinfell

    whinfell Well-Known Member Silver Stacker

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    Meanwhile, Greek savers have withdrawn about 4 billion Euros from Greek banks in the last week, which which represents about 3% of household and corporate deposits held by Greek banks at the end of April according to Reuters.

    BBC News: http://www.bbc.com/news/business-33195732
     
  9. aleks

    aleks Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=A0n28ju5218[/youtube]

    Greece: Millions withdrawn from ATMs - BBC News
    Cash-strapped Greece now has less than two weeks left to reach a debt deal, having already rolled a 300m payment into those due on 30 June.
     
  10. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    ^^^ Greek banks given emergency liquidity as citizens rush to take out their money. WTF!
     
  11. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Will we see a bank holiday on Monday in Greece?
     
  12. aleks

    aleks Well-Known Member Silver Stacker

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    The ECB keeps topping up the ELA so they will probably keep doing it...

    The June 30 deadline (for the Greek IMF payments) is a tuesday, so they might still have another week ?
     
  13. Greenman

    Greenman Member Silver Stacker

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    Hard to feel sorry for any Greek citizen who loses money from an imminent bail in with the amount of time they've had to diversify. It will be the businesses and uneducated that will be hit the worst.
     
  14. aleks

    aleks Well-Known Member Silver Stacker

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    Europe is awake and trading. Greek banks are open.
     
  15. Greenman

    Greenman Member Silver Stacker

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    Can will be kicked down the road.
     
  16. aleks

    aleks Well-Known Member Silver Stacker

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    the ECB has just raised the ELA again
     
  17. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Probably a 6 month can kicking dodgy deal the most likely scenario
     
  18. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    When you find you've dug yourself into a hole, stop digging.
    But I've you've blown yourself into a bubble, you've gotta keep blowing.
     
  19. aleks

    aleks Well-Known Member Silver Stacker

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    Markets in china dumping hard again today about 7%
     
  20. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    I'm guessing they if they get anything but a tiny breathing room deal then they get a deal done in the room but the Greek parliment won't support it. A half deal is much worse because there will be MUCH less patience next time for a real deal. The markets particularly are sick of hearing about it, 6 more months of this and I think most of the EU citizens will be protesting to kick the Greeks out just so they don't have to think about it any more.
     

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