LADYBOY.REVIEWS
This site contains Adult Content.
Are you at least 18 years old?

Yes No

Announcement

Collapse
No announcement yet.

Black Monday on Wall Street/London?

Collapse
X
Collapse
 
  • Time
  • Show
Clear All
new posts

  • #31


    Me too Snick

    Dow Futures is down 203 pts..... could be another messy day coming up


    Azza


    A worthy trip report

    Comment


    • #32

      Yes..Fortis in Europe!
      Do only what you think it's good for you, and not what others think should be good for you!

      Comment


      • #33
        Half way through the day...
        Attached Files

        Comment


        • #34


          bugger


          Azza


          A worthy trip report

          Comment


          • #35
            I hear Paulson's next plan is to sacrifice a thousand bulls and a virgin to Mammon, but they're having trouble finding a virgin in D.C.
            "Snick, You Sperm Too Much" - Anon

            Comment


            • #36
              I'm screwed now        

               Looks like all travel is on hold until at least....... ??
              Even a broken clock is right twice a day.

              Comment


              • #37
                Phuk! Looking forward to tomorrow Asian markets opening
                Do only what you think it's good for you, and not what others think should be good for you!

                Comment


                • #38
                  (azza33 @ Sep. 28 2008,20:37) For a little perspective....

                  This is S & P 500 .... sorry for poor quality images!

                  The dot com crash was much worse than the levels of current decline -  so far  

                  Perhaps people in the US & UK are feeling this more this time around because the misery is related to property rather than the sharemarket  
                  I thought I'd give more perspective in face of the continued, as well as massive debasement of fiat currencies. The US will be injecting 700B and other countries will also float more money in order to prevent the USD from severely weakening.

                  Essentially, the USD has depreciated largely over the past century. The positive effects though are inflationary - e.g. wages have increased, prices of financial assets such as the stock market has increased, property prices have increased, but of course when assessing in "real values" priced in gold or silver, you find marginal increases overrall.

                  All currencies are being debased presently with many central banks adopting dovish policies in face of the slowing economies and credit crunch, however some currencies are diluted faster than others.

                  Has the dow really risen that much when priced in other forms?

                  Dow priced in USD versus Dow priced in Euros. ECB might seem hawkish in comparison but its just that the Fed are printing money faster. You might have lost less buying Dow stocks if you hedge using Euros.



                  Dow priced in Gold. Sorry for the very poor chart but you can find it easily online.

                  Its quite shocking that the magnitudes of gyrations are getting bigger. But its no surprise given the current float of money and the money supply in the markets - its quite shocking if you look up the m3 (money supply) acceleration up lately from various currencies... and those with the bloomberg terminals can access it much easier.

                  The Dow hit a peak during the tech bubble and has been on a massive downtrend since, and this is only noticeable if you price the Dow other than USD which has been on a downtrend.



                  So. My personal conclusion is that we are headed on a path of hyperinflated assets yet again, the question of course many would ask is what kind of assets? I do believe that financial assets and precious metal assets will be massively inflated over the next few years. Along with the prices of our daily necessities.

                  But of course to the detriment of fiat currencies which are being terribly abused at the moment.

                  Comment


                  • #39
                    Jaymee, thanks for the analysis. Are you saying that buying into precious metal assets and financials would be a good strategy for the near term?

                    Also do you see a similar period of inflation that happened in the 1980's happening again? Scary thought, as daily necessities have already gone up a lot.

                    Click on the links below and discover how the Forums work
                    Membership Levels
                    The Rookie Thread
                    New to The Ladyboy Forums? Introduce yourself!
                    Old Members Must Reset Their Passwords

                    Comment


                    • #40
                      Markets in Europe down 5%...

                      The FTSE 100 index of British blue chip stocks closed down by 253 points, or 4.97 per cent, taking it below the psychologically significant threshold of 5,000 to 4,835.45 and to a new low for the year, down 28 per cent from the 6,730.71 level it reached on October 12, 2007!

                      By the way - just to ruin the tone of this fascinating thread...

                      Jaymee is the only ladyboy I know who make me hard when she talks about money!
                      Attached Files

                      Comment


                      • #41
                        I for one demand a war for oil. Those Arab fuckers are minted. Lets make up some excuse, go invade their country and we'll be rich i tell's you.

                        I can't believe no one has thought of it before.

                        Oh hang on a minute......


                        Beer Baron

                        Comment


                        • #42
                          A really old    ...idea...
                          There are to guys long long time ago, who want the resources from Russia....

                          Why not invade the USA and selling the blondes to the Saudis and the guys as cotton picker to Mexico....

                          Ok ok and the oil and beef to Europe.....  

                          Dieter
                          Ladyboy Pro....A Bigger Bang

                          Comment


                          • #43
                            (Snick @ Sep. 29 2008,04:41) I hear Paulson's next plan is to sacrifice a thousand bulls and a virgin to Mammon, but they're having trouble finding a virgin in D.C.
                            You can find lots of bullshit there though.

                            Comment


                            • #44
                              Lunchtime in New York... (3 hours to go!)
                              Attached Files

                              Comment


                              • #45
                                Right now is the roll call vote on the bailout in the House is 137-139 with 158 having not voted yet.  

                                It's unclear that of these 158 how many have passed in order to vote later.  I would think that if someone passed in order to vote later it's probably a yes vote if needed and no if not needed.

                                So my guess it passes.

                                But is this enough to save the worldwide economy?
                                Or just a finger in a dyke?

                                Comment



                                Working...