Watching the crash live as it happens

SilverPete said:
phrenzy said:
Varoufakis just resigned. Very mysteriously. Looks like Tsipras was negotiating behind his back.
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Mysteriously? Didn't he state that he'd resign if there was a "no" vote?
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No, he was going to resign if there was a yes vote. This was supposed to be his great victory.

CL is right on the why though. It's probably good for his family though, he loves riding around on that motorcycle in just his Tshirt which is pretty risky and it must be hard to get life insurance when you're so clearly IN THE DANGER ZONE!
 
phrenzy said:
SilverPete said:
phrenzy said:
Varoufakis just resigned. Very mysteriously. Looks like Tsipras was negotiating behind his back.
Click to expand...
Mysteriously? Didn't he state that he'd resign if there was a "no" vote?
Click to expand...
No, he was going to resign if there was a yes vote. This was supposed to be his great victory.

CL is right on the why though. It's probably good for his family though, he loves riding around on that motorcycle in just his Tshirt which is pretty risky and it must be hard to get life insurance when you're so clearly IN THE DANGER ZONE!
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:) Maybe he should return to Australia now? He's still an Australian citizen, right?
 
Varoufakis has said he will be staying on as an MP in the government and won't be leaving greece anytime soon.
 
That's a pretty nice return. Not a bad bet really, there's probably an ok chance that you'll get your money back from german tax payers.
 
AP100421015577_100.jpg

HODL
 
I'm seeing reports that the ongoing market crash in China may be far worse for Australia than people currently realize.

U.S. listed Chinese stocks are falling faster than on the China exchanges, and there are strong indications that China's economy is seriously in bad shape, worse than has been publicly acknowledged.

Resources could suffer some big hits, and Australia will go down with them. Big trouble in China will become big trouble for the Australian economy.
 
Chinese market regulator warning of panic:
In a statement this morning, China's securities regulator said there was "panic" in the stock market with irrational selling off increasing and "leading the stock market to a situation of intense liquidity".
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Where's TheEnd now that it's time to panic?

[youtube]http://www.youtube.com/watch?v=o7dp9OSqpdU[/youtube]
 
bull_bear said:
Gsr 77.2.
Silver not holding up well in crisis..
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I hope it doesn't hit 80, then I have to do something with the last few ounces of gold in my SMSF and that means work!
 
Jislizard said:
bull_bear said:
Gsr 77.2.
Silver not holding up well in crisis..
Click to expand...

I hope it doesn't hit 80, then I have to do something with the last few ounces of gold in my SMSF and that means work!
Click to expand...

Selling gold at a profit or loss?
And this would be to accumulate more silver? lol
 
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