Posted by ipso facto
@ 10:13 on June 9, 2017
Credit Card Defaults Surge Most Since Financial Crisis
In late April, after some disturbing monthly charge-off reports from major credit card vendors, we reported that according to the latest data from the S&P/Experian Bankcard Default Index, as of March 2017, the default rate on US credit cards had jumped to 3.31%, an increase of 13% from a year ago, and the highest default rate since June 2013.
http://www.zerohedge.com/news/2017-06-09/credit-card-defaults-surge-most-financial-crisis
Posted by Buygold
@ 9:28 on June 9, 2017
Posted by Buygold
@ 9:18 on June 9, 2017
I want some of what Rick is smokin’
He still thinks technical targets have meaning in the gold market. No way he can chart a $4 billion notional dump in a one minute time frame.
Rotsa Ruck Rick
Posted by Maddog
@ 9:16 on June 9, 2017
All break out’s getting negated by scum.
Tesla meanwhile up 1 % o/n……so far.
Posted by Richard640
@ 8:33 on June 9, 2017
GCQ17 – August Gold (Last:1281.00)
Posted Thursday, June 8, at 8:25 p.m. ET
Gold got sacked in the early going Thursday by the usual mysterious, evil forces, dropping $10 in mere minutes on the reported sale of 15,000 contracts. By day’s end, however, the Auggies had recouped enough ground to put a promising, bullish pattern in play (see inset). It has the potential to reach 1308.50 next week — and the sooner the better. More immediately, the push past the green line warrants a bullish trading bias, predicated on a minimum upside target of 1291.00 — the midpoint Hidden Pivot. An easy move through it would shorten the odds of a continuation to 1308.50 by generating a strong impulse leg on the intraday charts.
Posted by Maddog
@ 8:22 on June 9, 2017
No overall majority, as per exit polls prediction.
Tories have to combine with hardline (good) Ulster protestant party, to try and govern.
May as leader is shot, she called vote, she controlled message and made vote all about her…ergo she must go…. as nearly lost to outright commie lunatic and his even worse commie mates.
She may try and hang on…but best is she resigns, Tories elect proper Tory Leader…new election in autumn and Tories win proper majority….danger Corbyn wins…but we ain’t that mad, but we sure didn’t want May either.
Posted by Buygold
@ 8:12 on June 9, 2017
No doubt the result of a weaker pound.
The assault on $17.35 silver begins anew
Once again the pm sector goes from promising to disappointing
Posted by Maya
@ 4:32 on June 9, 2017
Posted by Maya
@ 4:23 on June 9, 2017
Posted by Maya
@ 3:57 on June 9, 2017
Posted by Ororeef
@ 1:34 on June 9, 2017
“The consolidation of the states into one vast empire, sure to be aggressive abroad and despotic at home, will be the certain precursor of ruin which has overwhelmed all that preceded it.” Robert E. Lee
https://fredoneverything.org/general-lee-speaks-had-it-figured-out/
It is important to note that regional differences were great. In 1964 in rural Virginia, the boys brought shotguns to school during deer season. Nobody shot anybody because it wasn’t in the culture. The culture was uniform, so no one was upset. It is when cultures are mixed, or one rules another, that antagonism comes. Such shotgun freedom would not have worked in New York City with its variegated and often mutually hostile ethnicities.
Regions differed importantly in degree of freedom, not just in the freedom of local populations to govern themselves but also in individual freedom. It made a large difference in the tenor of life. If in Texas, rural Virginia, or West Virginia you wanted to build an addition to your house, you did. You didn’t need licenses, permits, inspections, union-certified electricians. Speed limits? Largely ignored. Federal requirements for Coast Guard approved flotation devices on your canoe? What the hell kind of crazy idea was that?
Posted by treefrog
@ 23:23 on June 8, 2017
the tories just pulled ahead of labour after trailing all evening. just guessing, we may see a “hung parliament” – with no party in majority. the tories or labour will have to cobble together a coalition with one or more of the minor parties. we continue to live in interesting times.
Posted by ipso facto
@ 22:41 on June 8, 2017
It’s a mucho dangerous situation. Not liking what’s going on!
Posted by macroman3
@ 22:25 on June 8, 2017
No way they’re going to get their asses kicked by the Turks and Iranians. As much as those two too deserve it, they ain’t taking on US/Israel, without WWIII Russia and China backing.
I can’t keep track of the frenemies without a handicapped score card.
Posted by amals
@ 22:08 on June 8, 2017
Posted by ipso facto
@ 22:04 on June 8, 2017
When did you know? You’ve smoked us out!
actually not my play on words.
Sweet song …
Lots of craziness in the ME right now. Soon … Turkish soldiers arrive in Qatar … tanks on the way.
What happens if the Saudis and their Gulf allies are getting their asses kicked by the Turks and Iranians?
Posted by macroman3
@ 21:58 on June 8, 2017
Posted by ipso facto
@ 21:40 on June 8, 2017
Posted by Maya
@ 21:26 on June 8, 2017
Posted by commish
@ 21:17 on June 8, 2017
Denied MCLEAN, VA- July 11: Alana “Honey Boo Boo” Thompson attends the “How to Honey Boo Boo: The Complete Guide” Book Event at the Barnes and Nobles on July 11, 2013 in Mclean, Virginia. (Photo by Kris Connor/Getty Images)
Posted by macroman3
@ 20:24 on June 8, 2017
FB, Maya doesn’t do weekends anymore, being retired in that Gawd awful Hawaii. Everyday slacker in all days that end in Y.
Imagine how good vibrated AND percolated covfefe will taste…
Posted by Maddog
@ 20:19 on June 8, 2017
It’s all over the place…..Exit Poll is saying No majority for ANYONE !!!!
But rumours are the Exit Poll assumes most UKIP Voters are going Labour….that is a crazy assumption, but it keeps certain parts of the MSM, like BBC happy ….same games as yr MSM etc…in the tank for Commies …puke!!!!.
Mkt reacting sterling being hit …it is a gift down here, if Poll wrong and I think it is……but not betting hard as, have not followed the election that hard, as assumed a slam dunk for MAy.
2 hours from now will have better real results in.
Posted by treefrog
@ 17:29 on June 8, 2017
the polls just closed a little under half an hour ago. results may be coming in in another half hour or so. google “british vote” there will be several sites that follow the results. i have a brother who lives in scotland, so i get a running stream of commentary.
this site tracks the results live:
https://www.theguardian.com/politics/ng-interactive/2017/jun/08/live-uk-election-results-in-full-2017
Posted by ipso facto
@ 17:17 on June 8, 2017
ULAANBAATAR – A leading candidate for Mongolia’s Presidency has called for greater state control of projects like the giant Oyu Tolgoi copper/gold mine run by Rio Tinto, making mining and foreign investment central issues in the election campaign.
The landlocked North Asian country of three-million people goes to the polls on June 26, just a month after securing a $5.5-billion International Monetary Fund-led bailout to lift the economy out of a balance of payments crisis
http://www.miningweekly.com/article/mongolia-presidential-hopeful-urges-more-state-control-in-mining-2017-06-08
Posted by Farmboy
@ 17:16 on June 8, 2017
The American Press is completely focused on the Comey Stuff. Hard to get any news on how the vote is going on your side of the pond. Thanks, Farmboy
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