Tuesday, May 31, 2011
Monday, May 30, 2011
Military coup possible in Greece by CIA
The U.S. Central Intelligence Agency warned in a report that the tough austerity measures and the dire situation could escalate and even lead to a military coup, according to a report by Germany’s popular daily Bild.
According to he CIA report, ongoing street protests in crisis-hit Greece could turn into escalated violence and a rebellion and the Greek government could lose control, said Bild. The newspaper said the CIA report talks of a possible military coup if the situation becomes more serious and uncontrolled.
Greece is under immense pressure owing to public debt that has swollen to 340 billion euros. The EU, IMF and European Central Bank are pressing Greece to step up a privatization program and get all political parties to approve more austerity and reform measures that have sparked violent protests, but emergency talks called by the president on Friday failed to make any headway, AFP reported.
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Sunday, May 29, 2011
Thursday, May 26, 2011
Wednesday, May 25, 2011
Regulators Charge Two Traders for 2008 Oil Spike
Less than a month after President Obama set up a task force to "root out" fraud in the oil market, the Commodity Futures Trading Commission has accused two individuals of manipulating the market — back in 2008.
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Tuesday, May 24, 2011
Monday, May 23, 2011
Thursday, May 19, 2011
Tuesday, May 17, 2011
Max Keiser guest Eric Sprott on commodities prices [gold,silver]
There is only 33 million ounces of physical silver that is available for delivery by the commercial shorters. If something like 3% of the people that were trading silver in one day demanded physical delivery, there would be no silver on the Comex....
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Monday, May 16, 2011
Sunday, May 15, 2011
Saturday, May 14, 2011
Friday, May 13, 2011
Thursday, May 12, 2011
Shanghai Composite Index To Watch
The Shanghai Composite Index is showing a pattern that is suggesting a VERY LARGE move is just around the corner.
How large?
A move that could go approximately 48% in either direction over time. Actually, it will be in the direction of the breakout which is yet to be seen.
A move of this magnitude would affect all the global markets, so this up coming breakout will be an extremely important event.
This is not an event that will happen tomorrow, because it could take weeks or months before the breakout occurs. Even though it may not occur for a while, now is the time to start putting it on your radar.
http://www.stocktiming.com/Wednesday-DailyMarketUpdate.htm
How large?
A move that could go approximately 48% in either direction over time. Actually, it will be in the direction of the breakout which is yet to be seen.
A move of this magnitude would affect all the global markets, so this up coming breakout will be an extremely important event.
This is not an event that will happen tomorrow, because it could take weeks or months before the breakout occurs. Even though it may not occur for a while, now is the time to start putting it on your radar.
http://www.stocktiming.com/Wednesday-DailyMarketUpdate.htm
Tuesday, May 10, 2011
On The Dislocation Between The EUR And PIIGS Insolvency Risk
SocGen provides a very informative chart on the dramatic dislocation between the EURUSD and PIIGS risk levels, as demonstrated by Greek CDS prices. Whereas in the past the two correlated very strongly, since early 2011, the pair has diverged dramatically, leading many to speculate that just like in the case of Japan, the G-7 did another coordinate intervention to push the EUR higher in 2011 at the expense of the USD and other currencies. Is it time for a "correlated" snapback?
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Monday, May 9, 2011
Sunday, May 8, 2011
Tuesday, May 3, 2011
Monday, May 2, 2011
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