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tinecu

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Everything posted by tinecu

  1. tinecu

    Hotairmail's diary update

    Please drop us a link/post when you publish online. Cheers Tinecu
  2. tinecu

    MAJOR DERIVATIVE MELTDOWN ALERT

    http://business.theage.com.au/imf-finally-...yui.html?page=1 IMF finally knocks on Uncle Sam's door Email Print Normal font Large font AdvertisementDavid HIrst June 30, 2008 They will report in 2010! Heehee not too swift on their feet eh?
  3. tinecu

    Rats abandon ship

    Resigning? Over what? A very strange article. Must be spin. Darling appointing a more pliable court?
  4. tinecu

    Hotairmail's diary update

    Ooops. Thanks Steve. Tinecu.
  5. tinecu

    MAJOR DERIVATIVE MELTDOWN ALERT

    http://www.forbes.com/afxnewslimited/feeds...afx5163441.html Oh dear, the market does indeed seem to be playing eenie meenie....JPmorgan leading the race down with Lehman and Citi close on their heels. Financials fall after Moody's reviews Morgan Stanley for downgrade 06.27.08, 4:15 PM ET NEW YORK (Thomson Financial) - Shares of financial companies slumped Friday afternoon after Moody's Investors Service put Morgan Stanley's credit on review for downgrade. The SPDR FD Financial ETF (XLF) shed 2%, or 40 cents, to $20.49 after the report. Shares of New York-based Morgan Stanley hit a three-month low of $36.07 before paring losses to trade down 0.2% at $36.57. Moody's said it put Morgan Stanley's Aa3 long-term senior unsecured debt rating on review for a possible downgrade. The Prime-1 short-term rating was affirmed. The 'more likely outcome' of the review is a 1-notch downgrade to A1, Moody's said. 'Markets have clearly been challenging, but the firm has also incurred some expensive trading mishaps during the past year,' said Moody's senior vice president Peter Nerby. Moody's acknowledged that Morgan Stanley was making changes to how it manages risk, but said it was 'premature' to think that the changes will be effective. The firm will focus its review on Morgan's ability to control risk and boost profitability over the next year or two. Of particular concern are the company's 'risky concentrations' in commercial real estate and single-name leveraged loans, Moody's said. Morgan Stanley must contain those losses within the business area's revenue capacity in order to avoid a downgrade, Moody's said. Among Morgan Stanley's brokerage peers, shares of Lehman Brothers slid 3%, or 71 cents, to $21.90 and Goldman Sachs Group Inc. recently fell 1% to $174.78. Merrill Lynch & Co. lost 1% to $32.71. Earlier, the broker hit $32.11, marking a new five-year low. With the banking sector, Citigroup Inc., a component of the Dow industrials, tumbled 3% to $17.19, after reaching $16.91 -- their lowest level since Oct. 1998. Fellow Dow member J.P. Morgan Chase & Co. slid 4% to $34.96. The stock earlier fell to $34.20, a three-year low. Also in the Dow, Bank of America lost 0.4% to $24.72. Michelle Rama
  6. tinecu

    GOLD

    Great stuff. Thanks. Yep its all about real INTEREST rates.
  7. tinecu

    Pawnbroking goes high-end

    There goes the bling!
  8. Am I right in thinking AIG is involved in commodity ETFs?
  9. tinecu

    GOLD

    Agreed. Have you updated your gold vs. house price graph recently?
  10. tinecu

    GOLD

    Blimey! Where did your find that news?
  11. tinecu

    SILVER

    Wow gold really motors in September if I've read that chart correctly. Thanks.
  12. tinecu

    GOLD

    I bought some more silver today...consider it a gift at this price. I expect a rally tomorrow too.
  13. How about yeast? 50pence a pack?
  14. 50% falls now looking more likely...unless the CBs decide they will provide all this cash...in which case CGNAO is correct? Your blog is great....
  15. tinecu

    When will gold reach $1000, $1200 & $1650

    good poll. Seems to be fairly consistent overall.
  16. Great to find you over here CGNAO!
  17. tinecu

    GOLD

    Just got back from two weeks holiday....seems that the sideways summer is happening...action in August? Good buying op for those that still need to buy in though. How about that oil price though...blimey gov!
  18. tinecu

    GOLD

    Great post.
  19. tinecu

    GOLD

    Or perhaps its just following parabolic/'french curve' money supply.
  20. tinecu

    GOLD

    Rhodium's recovery is complete...new all time high
  21. tinecu

    GOLD

    Could be a very eventful day. US inflation and oil inventory data out today....
  22. tinecu

    GOLD

    Blimey smacked down to $865! Custer's last stand?
  23. tinecu

    GOLD

    Beautiful stuff. My gran used to quote that to me, bless her soul. "Never a borrower or lender be" Wise words.
  24. tinecu

    GOLD

    Deflation anyone? But seriously this looking very like the 1970's picture to me....
  25. tinecu

    UBS recapitalising again

    Blimey...how long can they keep that up?
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