… since the problems are the same.
https://www.youtube.com/watch?v=tNr3fXXK92s
NEMO
Smith & Wesson &SturmRuger turned to a BUY on my new Chart system
Tsakos Energy Navigation shipping in the Shipping area is very bullish as are most shippers
Tsakos has Great Balance sheet plenty of cash pays dividend 2.65 %
Building new tankers including LNG ,I suppose Europe is hedging its energy with lng in case Russia or Ukraine makes trouble for nat gas.
seen it before.
There are some people to vote for in Europe.
https://www.youtube.com/watch?v=HhGNoZfvRoA
NEMO
All along Armstrong has been calling for a strong USD. No other place to park capital, yada, yada, yada. Now, he comes out with a blog titled: The Death of the Dollar. Way to go Marty.
Fifteen thousand people from Iraq’s Sunni tribes will join to the ranks of Iraqi army in western Anbar province against the ongoing fight against the self-styled Islamic State (IS) militant group.
“Defense and Interior ministries approved joining of 15,000 volunteers from the tribes into Iraqi army troops for the ongoing fight,” said Sabah Kerhot, head of Anbar provincial council.
“The voluntary troops will join Iraqi army and police ranks after the establishment of the new Iraqi government, (due to be formed in the upcoming weeks)” he said.
(Iraqi President Fuad Masum appointed deputy parliament speaker al-Abadi to form a new government in the coming weeks, replacing the cabinet led by Nouri al-Maliki.)
Armed groups linked to the Islamic State, formerly known as the Islamic State of Iraq and the Levant, or ISIL, captured Iraq’s Sinjar and Rabia in the Nineveh province last week after fierce clashes, forcing thousands of Iraqis including Turkmen, Arabs and Ezidis to flee.
Amazing. Didn’t even know there was a “hope” component of the Philly Fed.
Just goes to show that all they need to do is make the headline look good, and the algo’s will buy the SM.
We truly live in the matrix.
Philly Fed Surges To Highest Since March 2011 Despite Plunge In Jobs & New Orders
Submitted by Tyler Durden on 08/21/2014 10:12 -0400
Philly Fed Renaissance
Philly Fed has beaten expectations for 6 months in a row with its biggest surge since the 2009 lows. Against expectations of 19.3, Philly Fed printed 28.0 – highest since March 2011 all-time highs. All sounds awesome right? Umm, no, 7 of 9 internal declined including – New Orders tanked, Employment tumbled, Prices Paid plunged, and Prices Received slumped. So, in case you were wondering how it is possible that Philly Fed surged given such shitty internals, the 6-month forecast index (“hope”) just surged to 22-year highs. And not only that: put all hopes of that long-delayed CapEx renaissance on hold: “While most broad indicators of future growth have been improving, the survey’s future capital spending index has been slipping. Although the index decreased just 1 point this month, its reading, at 17.5, is now the lowest it has been in seven months.”
Look forward to Yellen talking soon about lack of capital spending as a pretext to keep ZIRP on for much, much longer
Armstrong has an ECM turn SEPT 4.
The ECB has a meeting that day on policy. That could be the day Draghi goes all in. With the oceans of money in Japan and teh US, if he floods Europe I think gold and silver will finally catch a bid.
US inflation should be intense.
yeah, but now you have Armstrong according to sbr calling for 3K SPX. I have no doubt they’ll probably get there. Really wish I’d been riding that train for the last few years instead of this one.
sbr – talked about ANV getting ready to breakout yesterday. ANV confirming that every breakout or potential breakout in the pm sector is sold. Works like a charm. Wouldn’t be surprised if it gives up all of yesterdays’ gains.
SPX is on track to hit 3000.
The ECB will flood the periphery with up to 2Trillion in Euros.
Speechless.
“We haven’t had a 10% correction in the SM for 1100 days or some such nonsense. Just ridiculous.”
Kinda reminds me of a clown at the circus juggling plates high on a pole … and they keep on adding more and more plates.
Wanka – thanks, something tells me I’ll be using that one in the days ahead.
sbr – nothing has made sense in markets for a long time now. They are all manipulated 24/7 since at least 2008. Bonds are definitely not confirming the new SM highs. Oil doesn’t confirm a strengthening economy.
We haven’t had a 10% correction in the SM for 1100 days or some such nonsense. Just ridiculous.
That amount of money is what the USA paid in world gov’t taxes. It’s how much MORE the USA spent on imports, than we got from our exports. The trade deficit. Basically we lost even MORE if you figure that trillion amount was only what was borrowed and added to the national debt.
Argentex Increases Pingüino Silver-Gold Project Mineral Resource Estimate to 26.7 Million Ounces Ag Eq. @ 132.3 g/t Ag Eq. Indicated and 7.0 Million Ounces Ag Eq. @ 98.0 g/t Ag Eq. Inferred.
http://finance.yahoo.com/news/argentex-increases-ping-ino-silver-133000682.html
It only makes sense if you acknowledge the puppeteers.
30 year just broke out of a wedge.
This whole world makes zero sense from a financial perspective.
Saw a news blurb of Ferguson protestors. One fellow had a sign: “God Bless ISIS.”
Avino Reports Second Quarter 2014 Financial Results
http://finance.yahoo.com/news/avino-reports-second-quarter-2014-214300254.html
Endeavour Silver Acquires La Bufa Property Adjacent to Existing Endeavour Properties in the Guadalupe y Calvo Gold-Silver District, Chihuahua, Mexico
http://finance.yahoo.com/news/endeavour-silver-acquires-la-bufa-113000654.html
You almost wish the teacher would meet some of IS’s crazies and see how she handled them !!!!!!!!
.. and I don’t mean hookers:)
Maybe platinum. I wonder if BorderGold will do free shipping..hmmm.
My platinum / gold ratio target of 2.45 has been slipping away from me lately.
Student suspended for saying “bless you” after someone sneezed.
Sure like to know who the hell makes up the rules for this class.
“It can’t happen here. It can’t happen here. I am telling you my friends it can’t happen here.”
http://fox6now.com/2014/08/20/student-suspended-for-saying-bless-you-after-classmate-sneezed