Financial topics

Investments, gold, currencies, surviving after a financial meltdown
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

Neither party can fix this for some time. Delusions are reality now on how they can fix this.
http://www.youtube.com/watch?v=oUlQ7vEl ... re=related
Truly, we already know the script of money they simply take.
It will take time until more realize the actual danger imposed. We all know the wasted money to Washington.
The numbers are just why the voter needs to remove the danger they sent. The captivated press to obfuscate
the truth about politics and candidates. They do not care. I have already followed the money to the current candidates.
Do events to settlements need to be registered on OTC contracts?
I doubt you will get a good answer. Property rights and Contract's
imposed on the taxpayer already answered that question.
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

http://www.livestream.com/munkdebates/v ... 56e089620d

effective consensus, japan into 19th year of lost decade, deveraging cycle, passes for governance,
vanilla cycles as in 5 yrs to go, gold is not a country, intuition of thinking people, historical nature,

moderates understand confusion shelters corruption, congress cannot give what we do not have,
question why,

property rights
http://mfglobalcaseinfo.com/pdflib/83_15059.pdf
fraught with examples of misconduct and disregard for regulations.

So as we have found more regulations will not resolve reality.
Fullfillment of contract of the Court is only recourse to fact.

Mirror: BY ANDREA HOTTER IN LONDON AND YUE LI IN SHANGHAI
LONDON—For a clue as to why copper is lagging behind many other commodities, investors could look to Wenzhou, China.
A recent government crackdown on predatory lending in the coastal city has upended a flourishing market: borrowing on margin to buy and then resell copper.
The business of flipping copper in China has grown in recent years amid easy credit and soaring copper prices. The market helped create a virtuous circle for copper, as rising prices enticed more people to borrow and make bullish bets.
Many of these buyers are small-business proprietors who are parlaying their profits into the copper trade. ...

The canary in the coalmine has spoken. Underlining assets are protected by propery rights and
this is going to get interesting. Bad wiring all over.
http://www.newyorkfed.org/markets/primarydealers.html
Those firms with window are not providing value added services and malinvestments
are distorting pricing mechanisms to lock up. How can intrinsic value be structured today?
The conduit is a valid question and who has the answer for growth for actual risk.
Being a independant investor as we are here extreme prejudice is warranted.
The taxpayer must be protected, and are lacking proper allocation's since stock's are
late to think value added. faded to close.....
Higg you seeing smoke starboard...
http://www.youtube.com/watch?v=NPkW2LGf ... re=related
Last edited by aedens on Wed Nov 16, 2011 4:52 am, edited 1 time in total.
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

Mon Jun 08, 2009 7:59 pm
Meanwhile back at the Ranch.
Transatlantic exchange group, and Liquidnet, one of the largest US-based “dark pool” equity trading platforms, have agreed to set up a service that will allow companies to get a better indication of how investors intend to trade their stocks. Under the terms of the agreement, NYSE Euronext-listed companies will be able to see the ratio of intended buy orders against intended sell orders in their company’s stock in the Liquidnet dark pool. FT

http://www.zerohedge.com/news/dark-pool ... ns-sigma-x
Select clubbers only.
The SEC last month fined a unit of the firm, Pipeline Trading Systems LLC
http://www.generationaldynamics.com/cgi ... 010.wk.hft
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

http://www.dbresearch.com/PROD/DBR_INTE ... 280806.pdf

(a)OTC derivatives often comprise privately negotiated contracts, with only the participants having access to
detailed information.
(a)Quid pro quo, or the exchange of valuable consideration, is required for the formation of a valid contract between individuals who are not merchants. This requirement of mutual consideration, or the exchange of something of value, indicates the sincerity of the parties' intent to adhere to the contract between them.
This phrase signifies verbatim, what for what. It is applied to the consideration of a contract.
Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.


(b)In contrast, exchange-traded derivatives, which are by definition standardised contracts, leave a transparent trail in terms of
positions, prices and scale of exposures while OTC derivatives markets have historically been largely unregulated with respect
to the disclosure of information even though operations in these markets were executed by supervised entities.

(a) our business - I picked your corn, you picked my wheat
(b) supervised entities - there we have the question -
gerald
Posts: 1681
Joined: Sat May 02, 2009 10:34 pm

Re: Financial topics

Post by gerald »

China will save the world?

If the following posts have any validity, China is in for some rough times, as I think John suspects.

"China is on the brink of bankruptcy" according to Larry Lang, chair professor of Finance at the Chinese University of Hong Kong
http://www.theepochtimes.com/n2/china-n ... 41214.html

A possible supporting observation regarding over building, in Wuhan, China, from the "Sovereign Man" site.
https://mail.google.com/mail/u/0/?tab=w ... 4becf493b1

How this will impact other nations such as Australia, a major exporter of minerals to China, could be quite interesting. The Australian government appears to be looking at increasing taxes on mining operations to increase funding for social programs. Having recently spent some time in Australia, and on a number of occasion's asked working people about some social issues, one could learn some things. Such as, why in Alice Springs do super markets in shopping centers have removable bars on the entrance and windows? The reason --- to prevent thieves from driving stolen cars through supermarket doors or windows and steal goods.
Hmmmmm.
Higgenbotham
Posts: 7985
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

aedens wrote:The taxpayer must be protected, and are lacking proper allocation's since stock's are late to think value added. faded to close.....
Higg you seeing smoke starboard...
The litmus test for transition to a Dark Age is: No dictator in his right mind will seize power and restore order because the mess is too far gone. There won't be another Hitler, Mussolini, or Stalin because there is nothing left to salvage, just enough left to loot. Rome was ungovernable. Case in point:
http://www.dtnprogressivefarmer.com/dtn ... ntId=50261
Will anybody know why the grain markets ceased to function? How many Americans understand the legal foundations of UCC Article 7?
In the past I have discussed in general how Bernanke has created the conditions for black holes to eventually swallow up capital. Now people can connect the dots to real world examples as the Bernankenstein Financial Monster rears its ugly and destructive head. This rancher's $500,000 was swallowed up by the black hole of an insolvent bank that is grasping for anything and everything that it doesn't legally have title to in order to stay afloat. That's what financial black holes eventually do and Bernanke is their creator/enabler. These filthy, corrupt, and insolvent institutions should have been put through bankruptcy 3 years ago, and not allowed to take us down the path of 14th Century Europe.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
jcsok
Posts: 134
Joined: Sat Nov 08, 2008 6:51 am

Re: Financial topics

Post by jcsok »

Covered 65% of short ES, waiting to sell again within 36 hours. Covered 100% short eur/usd.
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

Yet these margin purchasers, while their speculations were uncontrolled, affected the national economy in a measure immensely
disproportionate to their numbers. Their activities resulted in wide fluctuations in the price of securities, which ultimately imperiled the
holdings of bona fide investors of every type. This disproportion between the number of persons trading on margin and their
overshadowing position on the financial scene furnished one of the most cogent arguments for remedial legislation with respect to
margins. The notion that low margin brokers' loans were a major factor in the stock market boom and crash has a long history. Writing only a few months after the crash, Irving Fisher argued that the major problem with the "unwise" speculation in the long bull market was the use of so much borrowed money [9, pp. 218, 230-31,252]. Francis W. Hirst, writing in 1931, pointed to the same effects calling the speculation from 1927 to 1929 "marginal speculation" [15, pp. 4, 7, 13-14]. Perhaps the most important contributor to the belief that low margin brokers' loans were a major factor in the boom and subsequent bust was the June 1934 report of the Committee on Banking and Currency on "Stock Exchange Practices
http://www.h-net.org/~business/bhcweb/p ... -p0142.pdf

Federal Reserve's margin requirement (under Regulation T) limits debt to 50 percent, during the 1920s leverage rates of up to 90 percent debt were not uncommon. According to Regulation T, you may borrow up to 50% of the purchase price of securities that can be purchased on margin. This is known as the initial margin.

The banks, however, pushed the CFTC to expand the investment options that would allow firms to practice “internal repo.” In this scheme, money is taken from customer accounts and invested short-term in a variety of securities, with the futures brokers reaping the not- insignificant financial rewards from their customers’ money.
And, lo and behold, such efforts were successful. In December 2000, the CFTC agreed to amend Regulation 1.25 “to permit investments in general obligations issued by any enterprise sponsored by the United States, bank certificates of deposit, commercial paper, corporate notes, general obligations of a sovereign nation, and interests in money market mutual funds” -- in other words, riskier investments that could make more money for Wall Street.
Then, in February 2004 and May 2005, Regulation 1.25 was further amended and refined to the liking of Ferber and the banks. In the end, the door was opened for firms such as MF Global to do internal repos of customers’ deposits and invest the funds in the “general obligations of a sovereign nation.”
This practice, of course, may well be the centerpiece of the MF Global disaster. We now know that Corzine -- who was CEO of Goldman Sachs from 1994 to 1999 -- bet $6.3 billion on the distressed long-term bonds of countries such as Italy and Spain, although it’s unclear if clients’ funds were used. Bart Chilton, a CFTC commissioner, told Bloomberg News on Nov. 10 the loss to customers’ accounts may have resulted from a “massive hide-and-seek ploy.”
By William D. Cohan
November 15, 2011, 9:15 PM EST
Last edited by aedens on Thu Nov 17, 2011 4:10 am, edited 1 time in total.
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

Prosecutors currently follow a money trail between Austria, Switzerland and Panama that originated at the - of all places - money printing company OeBS (Oesterreichische Banknoten und Sicherheitsdruck Gesellschaft), a 100% subsidiary of OeNB.
According to latest reports by state TV ORF authorities have taken the 2 former CEOs of OeBS and 2 lawyers into custody. A spokeswoman of the state prosecutor said there are allegations of money laundering and other issues.
Together with other local media reports it appears that the OeBS employees may have developed a kickback system through a Panama shell, Venkoy, that was known to OeNB governor Ewald Nowotny, according to protocols of supervisory board meetings which he led. OeNB had fired the 2 heads of OeSB by October 28 after finding out about the theft and reported the matter to authorities.
richard5za
Posts: 898
Joined: Sun Sep 21, 2008 10:29 am
Location: South Africa

Re: Financial topics

Post by richard5za »

I don't know about others who visit this site, but I am finding this market very difficult to read at present and am wondering whether I shouldn't take my profits and watch from the sidelines.
How are other people positioned at present?
Post Reply

Who is online

Users browsing this forum: Bing [Bot] and 2 guests