Jump to content


  • Posts

  • Joined

  • Last visited

auroraoz's Achievements


Newbie (1/14)



  1. hi, what do you think about the whitehaven retract trades push?Would seem the biggest losers would be those who traded largely blind, ie automated and computer generated traders?They take their profits, should the asx bend rules to return their losses?Were they to revert the trades wouldnt they need to revert them all the way from here back, otherwise the traders that traded after the reopening have been trading uninformed (that there would be a retraction after lobbying, at some future date)?
  2. auroraoz


    poor dirty triage, youve got less black mud on you than most other qlders
  3. auroraoz


    In case you didnt realise, the emergence of cfd's and exchange traded gold funds on top of the jewelers, dentists and minters have effectively made gold a currency, albeit defacto. Anyone can convert all their wealth into or out of gold at less cost/margin than any other generation in history has been able to. Its only a screenshot and a minute or two to exchange it. All we are lacking is a king or labourers to guarantee/fix what that exchange rate will be. So it's floating , like every other tradeable.
  4. anyone know when the storm financial losers are going to have their real estate sold? could soften things in QLD?
  5. Interesting discussion http://maxkeiser.com/2009/11/06/ote-26-on-...th-ellen-brown/
  6. Couldnt find this at first on bloomberg or google but the bbc is headlining .......................................... 10:26 GMT, Friday, 6 November 2009 Fannie Mae asks for another $15bn US mortgage finance firm Fannie Mae has asked for another $15bn (£9bn) in state aid after announcing losses of $19bn between July and September. <A href="http://news.bbc.co.uk/2/low/business/8346137.stm">http://news.bbc.co.uk/2/low/business/8346137.stm ................................ While bloomberg headline is .............................. Freddie Mac Posts Loss, Says It Doesn’t Need Aid (Update1) Share Business ExchangeTwitterFacebook| Email | Print | A A A By Dawn Kopecki Nov. 6 (Bloomberg) -- Freddie Mac, the mortgage-finance company in government conservatorship, posted a narrower $5 billion third-quarter loss and said it has no immediate need for more U.S. Treasury aid as the value of its securities improved. .................................................. then hidden away in the text comes "...Larger rival Fannie Mae reported an $18.9 billion loss yesterday and said it needs $15 billion in federal aid. The results brought Washington-based Fannie Mae’s total losses over the past nine quarters to $120.5 billion and its total requested draws on Treasury funds to $59.9 billion..." .............................................. Well? not quite plutocratic censorship but maybe "gilding the lilly" ? moral of the story, "READ BETWEEN THE HEADLINES"
  7. Well, was that the Thanksgiving day bounce?
  8. Deja vu all over again! well , not quite, this time the public are chipping in too, last time too scared. Still, they havent gone into the dynamics for the need to and it would be reckless to let rumours of runs be a self fulfilling typhonic prophecy but its likely the DSB didnt help, then CIT, next??.. Well, though Kelt says "What a waste of Money!", if it takes that much money to avert the destruction of wealth of a bankruptcy, then to the shareholders its a bargain, even if there is a gun pointed at their heads saying, "Double or nothing?"! But for the markets, means a sum of money now off the table and into the RBS raising, doesnt it? ie softening? Whats your line veeone?
  9. U.S. Stocks Fluctuate as Banking Concern Offsets Economic Data By Sapna Maheshwari and Lynn Thomasson Nov. 2 (Bloomberg 1:18pm new york time) -- U.S. stocks fluctuated as a Federal Reserve official said the banking system is still “far from robust,†triggering a slide in financials that wiped out an earlier rally following better-than-estimated economic data. Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. lost at least 1.8 percent as Jon Greenlee, associate director of the Fed division that regulates banks, said lenders still face threats from defaults on commercial-real estate loans. CIT Group Inc. plunged 64 percent after the commercial lender filed for bankruptcy protection. The dollar erased most of its earlier loss, paring gains in commodities. “Financials have been leading the rally, so any indication that it could be based on false hope could worry people,†said Scott Tapley, who helps oversee $2.5 billion at 1st Source Investment Advisors Inc. in South Bend, Indiana. “The sudden lurches lower, we haven’t seen anything like that for a while. It gets some people wondering if we’re not going to go back into a meltdown.†The S&P 500 lost 0.2 percent to 1,034.83 at 1:15 p.m. in New York after climbing as much as 1.5 percent earlier. The Dow Jones Industrial Average, which has moved more than 100 points on six of the previous seven days, gained 10.81 points, or 0.1 percent, to 9,723.54 after climbing as much as 146 points earlier. About three stocks fell for every two that rose on the New York Stock Exchange.
  10. hi flower, Would seem CIT might also be the first of Michael Moore's trophys? DBS and pieter lakers style but 9 days instead of 12. Might they have had a run on them also?
  11. 3.5% growth, dont look too promising to me, 10% unemployment I wouldve expected contractions myself, no doubt kahuna could shaft a few of their claims, looks like the markets believed it, and I suppose with the markets as bouncy as they are theres been a feeling of having cash to play with. ?
  12. Chadmutta, Supporters of lakers took his advice and began to withdraw from DBS, others noticed, it became a stampede, the bank served out all the funds it could get its hands on but couldnt meet its obligations, 3.25B. No one was willing to carry it, It shut its doors, under receivership. Those who didnt withdraw their funds in time now have them frozen and will get some portion of their funds back at some future time. Most people like their funds to be accessible. .Understand it better now?
  13. DSB, dutch bank collapses twelve days after pieter lakers tell depositors to withdraw money,(3.25B see BBC) separately Michael Moore has advised his questioning audience to withdraw from the badly behaved banks and support credit unions "FIVE THINGS WE SHOULD DO TO PROTECT OURSELVES AND OUR LOVED ONES UNTIL WE GET THROUGH THIS MESS: 1. Take your money out of your bank if it took bailout money and place it in a locally-owned bank or, preferably, a credit union. 2. Get rid of all your credit cards but one -- the kind where you have to pay up at the end of the month or you lose your card. 3. Do not invest in the stock market. If you have any extra cash, put it away in a savings account or, if you can, pay down on your mortgage so you can own your home as soon as possible. You can also buy very safe government savings bonds or T-bills. Or just buy your mother some flowers. ...... look on his website for his 15 point plan (posted last thursday) Could be the start of something BIG
  14. new question is IG now demanding that currencies only be held in au or us or sterling? does that mean as well as the 50$ spread charge on each single gold contract that theres 0.5% on the margin of 2700US and 0.5% when exited again back to au? Makes another 27$ per contract, an increase of more than half? Are there any other providers not so greedy?
  15. http://globalresearch.ca/index.php?context=va&aid=14209 our puppets and theirs all do as bidden, us plebs we pay!!
  • Create New...