The "up-to-the-minute Market Data" thread

Originally posted by pause4thought
reply to post by stander

 

That's right, just insert a scantily-clad woman to deflect attention from the real issue.

My driver claims that I don't pay her enough to buy "decent outfit." Hence scantily-clad. She always says that when the word "bonuses" pops in the news. Sneaky cat, ain't she?


There is a chance that over the weekend, a situation develops that concerns the controversial N. Korea misille launch. That would be a good opportunity to cash on some of the 8k loot.

The world knows no compromise, Pause. Either learn to swim in a swamp or give up your expensive mistress.

Celente thinks that an energy breakthrough along the lines of Cold Fusion of Zero-Point Energy is the only way to avoid collapse and get out of this mess.

I found this quote, from a 2002 Q&A:

Washington D.C.: Thank you for taking my question.

What do you think will be the most signficant force guiding changes in this century? What industries will become dominant?

Gerald Celente: How about something as big as the discovery of fire or the invention of the wheel. What will mark the millenium is different from the past.

In my opinion it will be a new energy. Not fuel cell, not nuclear power, not solar, not wind, but something much more dramatic. To think that we're burning fossil fuels in the 20th century is a fossil idea.

Certainly a country with the brain power to develop an atom bomb through the Manahattan Project during WWII has the brain power to create an alternative energy source that is safe, clean, and cheap. We're looking at alternatives in low energy nuclear reactions (lenr) or zero-point energy (zpe).

Also, scientists have been able to extract significant amounts of hydrogen from common algae.

One place to look is infinite-energy.com. We don't know when, where and how it will happen but we're betting it will. The march of progress can't be stopped. We also, think these new energy developments will manifest in self-contained, operationally cost-free, units.

When people get off the grid and have their own power source it will truely be revolutionary.

Link

I agree with him, but I'm shocked that he has been openly talking about this stuff.

What an interesting man, Celente is.

So Obama has the right idea with his push for clean energy, he's just barking up wrong tree. Or maybe he's not even in the right forest.

[edit on 4-4-2009 by theWCH]

reply to post by theWCH



did you see this one?
www.abovetopsecret.com...

reply to post by stander
Now this "Mood" yer in is seriously impairing your orderly functionality of sentence structure...

My driver claims that I don't pay her enough to buy "decent outfit." Hence scantily-clad. She always says that when the word "bonuses" pops in the news.

Should be...

My driver claims that I don't pay her enough. As a "bonus", scantily-clad is a "decent outfit"...

It's not what ya say...it's how ya say it...


*This has been a Public Service Announcement from Hx3 Dyslexics Inst.*
*We now return you to your regularly scheduled Program*

Pork Bellies
88.825 +1.025

...And in news unrelated to above post...

Morgan Stanley's Gallo stepping down as equities head: report
www.reuters.com...

Citigroup's Freiberg to retire- memo
www.reuters.com...

Bowsher says unease with mortgage values led to departure-WSJ
www.reuters.com...

Why for are all heads of departments leaving firms lately???


[edit on 4/4/2009 by Hx3_1963]

Originally posted by Hx3_1963
reply to post by stander

 

Now this "Mood" yer in is seriously impairing your orderly functionality of sentence structure...

My driver claims that I don't pay her enough to buy "decent outfit." Hence scantily-clad. She always says that when the word "bonuses" pops in the news.

Should be...

My driver claims that I don't pay her enough. As a "bonus", scantily-clad is a "decent outfit"...

It's not what ya say...it's how ya say it...

*This has been a Public Service Announcement from Hx3 Dyslexics Inst.*

Thanks, but I don't speak Mandarine nor any other Chinese language.

*We now return you to your regularly scheduled Program*

Pork Bellies
88.825 +1.025

Hex, can you like complete your sentence. Youknowwhatimean . . .

Pork Bellies
88.825 +1.025 = 89.85.

There . . .


No, that's okay. You don't have to thank me. It's on the house.

Sure...why should they get all the breaks...

EU Urges Mark-to-Market Overhaul to Avoid Banks at Disadvantage With U.S.
www.bloomberg.com...

April 4 (Bloomberg) -- European Union ministers said it is “critical” that convergence on accounting standards is reached on the continent to ensure that the region’s banks are not placed at a disadvantage against U.S. competitors.

The International Accounting Standards Board, which writes the rules used in Europe, must cooperate with the U.S. Financial Accounting Standards Board, the ministers said in a statement today following a meeting of European finance ministers and central bankers in Prague. A goal is to avoid “competitive distortions,” they said.

European lenders may face a disadvantage without changes to mark-to-market rules similar to those decided by the U.S. on April 2. The U.S. move stands to help banks such as Citigroup Inc. report higher profits by easing requirements to recognize fluctuations in the value of investments. Critics of the fair- value rule say it hurts banks by forcing them to book paper losses in the midst of the crisis.

“If it was up to me to decide, I would just download the U.S. text with Google and adopt it with a European blessing,” Italy’s Finance Minister Giulio Tremonti told reporters after the meeting. German Finance Minister Peer Steinbrueck said he wants similar accounting principles in Europe as in the U.S.

Investors’ Sentiment

European countries are under more pressure to achieve concrete progress on regulation. Ministers noted today “the critical importance of converging accounting standards at a global level” as well as “ensuring adequate transparency of banks’ financial situation is key to restoring confidence in financial markets.”

“The U.S. has already taken the lead on accounting standards, with the recent FASB decisions on mark-to-market which lifted investors’ sentiment,” Marco Annunziata, chief economist of UniCredit Group said in an interview today. “If the EU wants to play a guiding role on the issues it claims are most important, it will need to accelerate its decision process.”

“We need to arrive at a level playing field on this matter,” French Finance Minister Christine Lagarde told reporters in Prague today. “We need to stress to the IASB the urgency to examine accounting principles, in particular those concerning the valuation of illiquid assets.”

U.S. aims to help firms sidestep bailout rules
www.msnbc.msn.com...

The Obama administration is engineering its new bailout initiatives in a way that it believes will allow firms benefiting from the programs to avoid restrictions imposed by Congress, including limits on lavish executive pay, according to government officials.

Administration officials have concluded that this approach is vital for persuading firms to participate in programs funded by the $700 billion financial rescue package.

The administration believes it can sidestep the rules because, in many cases, it has decided not to provide federal aid directly to financial companies, the sources said. Instead, the government has set up special entities that act as middlemen, channeling the bailout funds to the firms and, via this two-step process, stripping away the requirement that the restrictions be imposed, according to officials.

More at Link...

Estimated U.S. taxpayer cost for bailout jumps
www.reuters.com...

This doesn't strike me as very wise...

State pension funds weigh toxic assets: report
www.reuters.com...

[edit on 4/4/2009 by Hx3_1963]

This thread is a riot!

The vast majority of you posters are chasing your tails in the dark and barking at the wind.

No wonder it is so easy to make money in the markets. Easy, that is, when you actually know what is going on. The real sharks are circling around a school of mental midgets and feasting at their leisure.

Seriously.

You should actually study the workings of the economy in order to get a better idea of what is going on. Do you really think the United States is a bunch of fools? Do you really think you will see the downfall of America in your lifetime?

reply to post by THX-1138
Hmmm....guess you don't get out much...or read much...

2009 Depression Validated
www.abovetopsecret.com...

Banking-Rules Overhaul in EU Stumbles as Britain Objects to Ceding Power
www.bloomberg.com...

EU Finance Chiefs Defend Stimulus Efforts Amid Labor Protests, Kidnapping
www.bloomberg.com...

reply to post by THX-1138


This is just a thread to discuss possible news that might impact the markets... we're not trying to make money here. We're just sharing the info and enjoying the company.

reply to post by Tentickles



Yup...exactly what I do here!

Not thinking I am open to the insinuation that I/we don't have a clue as to what's going on out there.
Silly Rabbit THX-1138

[edit on 4-4-2009 by irishchic]

HOLY COW

Check out the latest from the UK:

Britain to seek IMF Funds

Don't bail me out, bro...

reply to post by pause4thought
Somehow I figured out it would come to something like that...

They pretty much let the cat out of the bag before the G-20, stating they couldn't afford more stimulus...

Very Sad indeed...we'll be up the the new window soon enough at our rate...


Money Heaven indeed...

[edit on 4/4/2009 by Hx3_1963]

reply to post by THX-1138


It's hard to find a respected economist who thinks that the worst is past. That doesn't mean that there isn't money to be made (afterall, the economy does not equal the equity market), but it does mean that you might want to get off your "workings of the economy" high horse.

Moving along...

Pat Buchanon has a piece where he suggests that we kill the creature from Jekyl Island. He also correctly points out that WWII did NOT end the Great Depression (and neither did the New Deal).

And speaking of the analyzing the New Deal...

Mr. Vedder playfully offered another analogy: the recession of 1920. Why was that slump, over and done with by 1922, so much shorter than the following decade’s? Well, for starters, he said, President Woodrow Wilson suffered an incapacitating stroke at the end of 1919, while his successor, Warren G. Harding, universally considered one of the worst presidents in American history, preferred drinking, playing poker and golf, and womanizing, to governing. “So nothing happened,” Mr. Vedder said.

Much more at link.

Harding sounds like my kind of guy.

[edit on 4-4-2009 by theWCH]

reply to post by theWCH
Reminds me of Marc Faber

Why can't they just go down the Bar and leave well enough alone...

Hell I'll even buy...

Smart Man

Watch this one unfold, ladies and gents. It could be a game-changer:

Cold Fusion Experimentally Confirmed

U.S. Navy researchers claimed to have experimentally confirmed cold fusion in a presentation at the American Chemical Society's annual meeting.

"We have compelling evidence that fusion reactions are occurring" at room temperature, said Pamela Mosier-Boss, a scientist with the Space and Naval Warfare Systems Center (San Diego). The results are "the first scientific report of highly energetic neutrons from low-energy nuclear reactions," she added.

Cold fusion was first reported in 1989 by researchers Martin Fleischmann and Stanley Pons, then with the University of Utah, prompting a global effort to develop the technology. Normal fusion reactions, where hydrogen is fused into helium, occur at millions of degrees inside the Sun. If room temperature fusion reactions could be realized commercially, as Fleishchmann and Pons claimed to have achieved inside an electrolytic cell, it promised to produce abundant nuclear energy from deuterium--heavy hydrogen--extracted from seawater.

Other scientists were unable to duplicate the 1989 results, thereby discrediting the work.

The theoretical underpinnings of cold fusion have yet to be adequately explained. The hypothesis is that when electrolysis is performed on deuteron, molecules are fused into helium, releasing a high-energy neutron. While excess heat has been detected by researchers, no group had yet been able to detect the missing neutrons.

Now, the Naval researchers claim that the problem was instrumentation, which was not up to the task of detecting such small numbers of neutrons. To sense such small quantities, Mosier-Boss used a special plastic detector called CR-39. Using co-deposition with nickel and gold wire electrodes, which were inserted into a mixture of palladium chloride and deutrium, the detector was able to capture and track the high-energy neutrons.

More at link. The timing of this is interesting, because the Navy reproduced Cold Fusion years ago, but now they're making a big fuss about it?

One blogger had this to say:

Thus far, the results have been replicated by Tadahiko Mizuno, a nuclear engineering researcher at Hokkadio University in Japan, who has detected gamma radiation and helium gas (both products of nuclear fusion), as well as Antonella De Ninno, a scientist at the Italian National Agency for New Technologies, Energy, and Environment. At the very least, the scientists engaged in this area of study have happened upon some new phenomena unexplainable by current physics, so it's well past time for detractors to stop their dogmatic dismissals, condescending derision, and rather blatant attempts to quash any discussion of or research in this field.

Moreover, those - especially journalists and purported scientists - who continue to refuse to acknowledge this technology as a respectable area of inquiry are apparently ignorant of how science works. It is not the experimental result which requires theory, it is the theory which requires experimental verification. If an experiment continues to produce results which cannot be explained by currently-accepted theory, it is the theory which requires revision. The recent breakthroughs in low energy nuclear reaction research provides powerful evidence that our current theoretical understanding of physics is mistaken or, more likely, incomplete.

So, stay tuned, because if this does indeed turn out to be legit, it could have revolutionary consequences.

The fact that this is coming from the Navy is a good thing (from the standpoint of securing .gov funding). What I wonder is: will that Nobel Laureate who's heading up the DoE take this seriously?

I do some lurking on alt. energy boards, so I'll try to keep people updated on any new developments in this arena.

[edit on 4-4-2009 by theWCH]

Now...who couldn't see this coming...

Recession persists, but jobless benefits ending
www.msnbc.msn.com...

WASHINGTON - In the coming weeks and months, hundreds of thousands of jobless Americans will exhaust their unemployment benefits, just when it's never been harder to find a job.

Congress extended unemployment aid twice last year, allowing people to draw a total of up to 59 weeks of benefits. Now, as the recession drags on, a rolling wave of people who were laid off early last year will lose them.

Precise figures are hard to determine, but Wayne Vroman, an economist at the Urban Institute, estimates that up to 700,000 people could exhaust their extended benefits by the second half of this year.

More at Link...

Now this you gotta watch...no crapola...a smoking gun fer sure...

AND NOW WE KNOW
Don 't miss this one!
Congresswoman Maxine Waters (D)
Tells the Truth and then attempts to get out of it..

Only 1 1/2 minutes You NEED to Watch It

Congressional agenda - It Slipped out!

This 1 1/2 minute video exposes exactly what many have tried to warn us
about, before, during, and after the election.
This hearing was conducted before the elections. Maxine Waters (D)
California and President of Shell Oil

Maxine Waters (D-CA) gets the award for being the most honest! She exposes
the truth behind the Liberal Dem's playbook on how to fool some of the people all of
the time, and all of the people some of the time, by letting out the liberal
agenda...socialism...where the government runs the oil companies.

Watch the reaction of the two seated to her right when she slips ...

Congressional Agenda It Just Slipped out!
www.disclose.tv...

[edit on 4/4/2009 by Hx3_1963]

reply to post by Hx3_1963


priceless, just showed that to my wife, although I think a bit of the humor was lost in translation so to speak. I looed at your signature trying to find the red pill "the most important thing" video to show her but it was not what i remembered. I have searched and could not find it. Do you have a link to the video?

reply to post by Hx3_1963


several times in this thread i have warned what will happen as benefits end.. it wont be pretty, and i dont see benefits being extended. you can only prop people up for so long before they begin to expect it...

reply to post by Rockpuck
I know you've warned of such things and I agree.

Guess as the summer wears on you'll start to see more "Barter Towns" spring up outside populated metros...


Hope ours gets a Hottie Governess with a whip of feathers...

reply to post by theWCH


Are they going to stick to the idea that inside stars there is strictly "hot fusion" or will they allow that cold fusion also has place in cosmogony?

Of course, it all depends on the available instruments



Back on topic: I would like to know how will IMF fill its "vault"? From other fiat issuing institutions or will it have its own fiat currency? Is that the game?



[edit on 4-4-2009 by DangerDeath]