Global economic situation for liveaboard cruising yachties

Discussion in 'All Things Boats & Boating' started by masalai, Mar 22, 2009.

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  1. Zed
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    Zed Senior Member

    Dude... you uld pot smoking hippy you! Joyce is Joking....

    It's bigger and moving slower than you/we think, slow enough to frustrate! Next major installment 2012 ish IMO... We C.
     
  2. masalai
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    masalai masalai

    nyalex, The next scam looks like the US$, US Bonds and US Treasuries - FED is increasingly buying same... - - JPM is trying to sell the Greek bonds to China as they will not buy USA stuff - - (that could well land the salesman in a Chinese jail)...

    The second tier of domestic mortgages are ready to collapse mid to late 2010 and onwards... Add to that Commercial real-estate as in malls office space and specialist sales yards (building materials, popular high end cars, bulk hardware, white goods, and furniture)...
     
  3. mark775

    mark775 Guest

    STFU, Sniper. You are an idiot.
    QQ (Queensland Queer), If there is something that you have posted worth reading, it would be purely by chance and a proof of the infinite monkey theorem. So keep cutting and pasting because, like a monkey, throwing **** is about as good as you are ever going to do. You stooges ("Q", I'll call you - part of the the Q Continuum), Quark, Quarkito (how does one make diminutive a quark? Any one of these *******s can do it!) and QQ, don't have an audience other than Boston. People just drop in now and again to slap you down. Really. Really and truly - not you, nor your posts have validity outside of your Ménage à stupid (I used that one already but so appropriate!) Do you think you are debating anyone? Do you think that you are teaching anyone? Poor soul... yes you.
     
  4. masalai
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    masalai masalai

    With the watchdog CFTC a toothless wimp and so many in USA in total denial, is it any wonder that corruption is openly condoned...

    http://www.gata.org/node/8280 "Adrian Douglas: An appeal to the CFTC to get serious with gold and silver" - - - - - - - - - - The position for non renewable resources should be ZERO SHORT, - those players can just refrain from buying.... Why would a short position be needed for a non renewable commodity...

    Bloomberg and Gata both believe that the FED is behaving illegally and all the trading evidence points to this as being a co-ordinated effort in manipulating the stock market (in "after hours" electronic trading), foreign exchange and non-renewable commodities and many other commodities... The FED has NEVER been audited, - just flatly refuses... that is in part what is being sued... Ron Paul is also pressing to have the FED audited...
     
  5. Zed
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    Zed Senior Member

    CFTC is cornered, any sudden move will break the markets that they are in charge of keeping orderly. So any radical change is, in and of itself, an admission of failure to do as they where charged up to this point. In order to save face they must make all the right noise's and move slowly enough that they cannot be blamed for any market fall out. You will see gradualism at his best here despite the hopes of people like Mr Butler.... JMO
     
  6. Boston

    Boston Previous Member

    buddy of mine used to call everyone squirrel bait mother F%$&@r
    whenever he went off on a tirade
    soooo
    what exactly does STFU stand for anyway
     
  7. Zed
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    Zed Senior Member

  8. masalai
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    masalai masalai

    Dear little mindless mark, your post begs the question, why do you keep returning? You really show yourself as being very very stupid... Are you capable of learning something - - anything? - - do some reading... 1) the P.A.T.R.I.O.T. act and that huge health bill that none of your elected politicians have read.... Then I would be delighted to have you come back and abuse me for misrepresentation of USA legislation...

    I posted the Brooksley Born's story quite a while ago from Utube - a far better presentation, less laid back - she was destroyed by a whispering campaign in the halls of the white-house and by the wheelers&dealers in wallstreet... She could have saved USA but ******* get what they deserve USA will surely get screwed, as it deserves, for its abject complacency...
     
  9. Zed
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    Zed Senior Member

    This is just stupid... the whole industry needs futures for hedging, a miner selling short does so because he believes he has achieved a good price, not to be a price basher. There are many, many other situations when the Comex is used to hedge off Comex transactions, industry needs certainty when cutting deals, it is the only way to handle volatile prices, sell the risk. Zero short is to say no futures, no futures will penalize many who operate in this space. The big issue is the concentration, the amount anyone entity can sell or buy. The potential for manipulation has been recognized in commodities trading law since the beginning. Now if we can just get them to abide by the spirit of the existing laws things will resolve themselves. To eliminate the market will make even the goldbugs life harder com sell or buy time.
     
  10. Zed
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    Zed Senior Member

    Mas... nobody read the health bill, 2000 pages of? and if they read it they sure as **** didn't understand it.
     
  11. masalai
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    masalai masalai

    It was effectively summarised on several sites (I have no interest in reading it) but embedded were quite a few really draconian bits of legislation... The way in USA seems to be to bury nasty stuff deep in some other bill and also add pork-barreling to get certain votes through to pass the overall bill... googling the bill HR number should still get the summary sites... Bloody killer stuff... and the patriot act is even more severe in civil liberties, association, communication, freedom of expression and much much more... Detention with no representation, just disappear... All sorts of really scary stuff...

    Zed, I am afraid I have a greater chance of winning a million in a lottery where I do not buy tickets - - The manipulation is huge and rife and quite openly done, except the dots have not been connected legally but the money trail is easily marked as the volumes are so great and with just 2 significant players doing 95% of the naked shorting as there is 500000 gold positions short on COMEX and 95% of that could be just JPM and Goldman... If that is not a "**** you" it certainly is not normal leveraging...
     
  12. Zed
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    Zed Senior Member

    "Riders".... it seems to me to be a corruption no matter what. A bill is a bill, it addresses an issue... not everything we need to get you corrupt MF's to vote for it. That's a legal mechanism that needs to be broken down and contained in a toxic safe container.

    & yes it appears to have some nasty bits...
     
  13. Sean Herron
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    Sean Herron Senior Member

  14. Zed
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    Zed Senior Member

    Regardless its not the lack of laws that is at the root of the issue its the implementation of them. The problem can be fixed overnight if the CFTC choose to... eliminating the futures market is not the answer as it will cause many other issues.

    Its like the naked short selling of stocks (much bigger issue), it is simply an abuse of a system that could work if regulated as it should be. Its about as sensible as suggesting that the stock market be closed to solve that issue.

    The author is a marketing type that benefits from the pitch to goldbugs, there are many of them... one notorious Christian that sells silver comes to mind! The ******** is thick on both sides of this fence, goldbug mining is an industry in itself!
     

  15. nyalex
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    nyalex New Member

    Feds were in fact created for the purpose of preventing financial meltdowns in economy by Federal Reserve Act of 1913, and financial institutions were responsible for current economic crisis. The lawsuit should be to get rid of Fed and let US govt print money as it says in the Constitution. And futures trading is mostly speculation, traders NEVER take delivery of oil on oil futures, for example.
     
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