Central banks act!

[Silverthorn]

bulletin on MarketWatch.

WASHINGTON (MarketWatch) -- Global central banks announced Wednesday that they are acting to strengthen the existing swap lines that allow them to provide dollars to domestic banks in an effort to ease financial market tension

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

 

[goldpelican]

Damn - AUD up 2c in a matter of moments.

 

[Guest]

The time for stacking popcorn is getting close.

Prepare for riots in euro collapse, Foreign Office warns
British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.

http://www.telegraph.co.uk/news/pol...ts-in-euro-collapse-Foreign-Office-warns.html

 

[projack]

White arrow insider trading
Yellow arrow Announcement

 

[Guest]

You need to add another Arrow for the drop beforehand selling at $1720 and back in below $1705

 

[Aengrod]

Knock knock, whos there?
It's me your old pal, high inflation.

 

[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.

 

[Silverthorn]

SMH article and reuters video

The world's biggest central banks moved without warning to flood financial markets with a wall of money in a bid to provide banks with funds and stem the euro zone's deepening crisis.

http://www.smh.com.au/business/worl...for-global-finance-system-20111201-1o7hw.html

 

[jnkmbx]

Damn - AUD up 2c in a matter of moments.

Insta-boost :|

 

[wallynut]

Just in time for Xmas shopping online. Must be an anti Gerry move.

 

[Silverthorn]

Knock knock, whos there?
It's me your old pal, high inflation.

You know I'm starting to get the feeling that TPTB don't like deflation. Who'd a thunk it.

 

[Ouch]

Damn - AUD up 2c in a matter of moments.

Insta-boost :|

The markets must have been impressed by the World's Best Treasurer mid-year budget review!

 

[Yippe-Ki-Ya]

Conclusion: We smell blood and decay. That's the system rotting. And
maybe, sooner or later, more young corpses.

http://www.thedailybell.com/3304/Odiferous-Money-Power

 

[Mr.G]

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

 

[Turk]

Conclusion: We smell blood and decay. That's the system rotting. And
maybe, sooner or later, more young corpses.

http://www.thedailybell.com/3304/Odiferous-Money-Power

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"...

 

[Guest]

They are grasping at straws , OR they are laying more baits.... The cynic in me thinks the latter.

 

[JulieW]

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