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Originally posted by kn0wh0w
Originally posted by Dance4Life
This is such a non event, but a great example of how the media loves to mess with the uninformed.
There are 1 MILLION PLUS contracts being traded a day with 30 yr and 10 yr.
They are basically lying to you in so many words.
This is a literal drop in the bucket as far as liquidity goes in the most liquid market in the world.
EDIT
This guy(s) traded a total of 5000 contracts.
This is so laughable. 5000/1000000 daily = .005% OF AVERAGE TOTAL DAILY VOLUMEedit on 26-7-2011 by Dance4Life because: (no reason given)
ehm my math is very very bad...
but isn't 5000/1000000, 5 percent instead of 0.05??
just wanted to point that out
wich is a pretty significant number IMHO.edit on 27-7-2011 by kn0wh0w because: (no reason given)
Originally posted by poet1b
It seems they are bound and determined to take down the U.S. government.
Originally posted by radpetey
reply to post by Bob Sholtz
No, It probably is the Hungarian vampire George Soros......."the nation killer"
Originally posted by boncho
Every time there is a catastrophic even about to happen in the financial market, something happens to correct it. There have been so many "breaking points" in the last five years that were all supposed to cause another great depression but never unfurled.
All just market manipulation in my own uneducated opinion....
Originally posted by CynicalWabbit
Anyone want to bet on it being the Chinese ? think about it they could make billions and also destroy the US economy all at once.
Originally posted by Suohhen
Originally posted by CynicalWabbit
Anyone want to bet on it being the Chinese ? think about it they could make billions and also destroy the US economy all at once.
The Chinese have been destroying our economy for years, and American companies have given them the power to accomplish it. The jobs went overseas and a lot of American paychecks went with them. Now we can buy a great many items at a much cheaper price, but at what cost.
Its not just our jobs that went overseas. A huge amount of land is owned by persons, or companies outside of our borders. Not only did we send our jobs. We let them take the land with them.
Originally posted by Bob Sholtz
i wouldn't be surprised if it turned out to be linked with someone in congress, since they are immune to insider trading laws.
Originally posted by poet1b
I wonder if it is the guy, or guys, who own the tea baggers in the house?
It seems they are bound and determined to take down the U.S. government.
Originally posted by chooselove
I could be wrong, but if they raise the debt ceiling and print more money wouldn't that decrease the value of the green back? Also wouldn't it decrease the value of the green back if they don't raise the debt ceiling due to the fallout on the international market that will cause?
No one can say for sure what will happen between now and August 2nd with the deficit. As Ron Paul has said clearly, the U.S. will inevitably default sometime soon and it should. But with the Fed having given $7.75 trillion to four U.S. banks and an estimated $7 or $8 trillion to foreign banks. The whole world economy is in fact underwritten by the Fed and the U.S. government. This quote says it all. -- MCR
"A life-threatening malignancy is NOT fought or cured by doing everything possible to increase its power and potency. Yet that is what financial authorities in the US and everywhere else have been doing in regard to the life blood of their economies. As this stark fact becomes ever clearer, Washington DC and Wall Street stand helpless before the fact that they can only cure the economy at the cost of killing the financial system which is feeding on it. It’s that simple."
Originally posted by redrose123
reply to post by jimrat201
Don't you get it. The entire thing is being manipulated. Why do you think they are acting like a group of Nero's and fiddle while The US economy is burning down around us. There are people who are directly involved who have hedge fund bets that the US will default and now this. Anyone who believes this isn't contrived in order to make huge profits out of everyone elses demise needs to get a brain.