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cgnao

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Everything posted by cgnao

  1. Wed Jul 6 18:08:14 UTC 2016 Ladies and gentlemen, here it comes. Brexit will be blamed, but it will in due course be recognized as only a small disturbance. The main event has yet to happen and the roots of what is about to happen go much deeper. The global financial edifice is extremely fragile, it is already wobbling dangerously and is on the verge of imploding. This is a one in a thousand year occurrence that we are all witnessing in real time. I pray that whatever comes next does not plunge the world in chaos and war.
  2. Something just snapped. This is not good, not good at all. https://www.ft.com Pound falls below $1.20 at Asia openThe British Pound has fallen through $1.20 for the first time since May 1985 thanks to a more than 6 per cent plunge at the start of the Asian trading day.
  3. https://www.youtube.com/watch?v=VMU9Yos0mkk
  4. https://www.youtube.com/watch?v=suY06PVK_bI
  5. It's everything. Watch the JPY https://www.youtube.com/watch?v=JU5LMG3WFBw
  6. Same Same question I asked my source. The source refused to speculate and said to watch the japanese Yen.
  7. This is getting serious. BoE seeks assistance from the BIS... http://www.wsj.com/articles/bank-of-england-asks-bis-markets-group-to-look-into-pounds-plunge-1475852099 Oct. 7, 2016 10:55 a.m. ET WASHINGTON—The Bank of England has asked the markets committee of the Bank for International Settlements to look into the plunge in sterling during Asian trading hours, BOE Gov. Mark Carney said Friday.
  8. There is now a rumour of a very large fund blow up and central bank involvement
  9. No way. It is following through now. Something big blew up last night.
  10. cgnao

    Wed Jul 6 18:08:14 UTC 2016

    Remember the rules of panic: 1. Don't panic 2. Panic first http://www.bloomberg.com/news/articles/2016-09-29/some-deutsche-bank-clients-said-to-reduce-collateral-on-trades A number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender, a sign of counterparties’ mounting concerns about doing business with Europe’s largest investment bank.
  11. ZCZC CGNAOGLD2 ALL TTAA00 KNHC DDHHMM NWS TPC/CGNAO WED JUL 8 18:46:08 UTC 2015: GREATEST FINANCIAL CRASH IN RECORDED HUMAN HISTORY IS IMMINENT
  12. Looks like they only made the problem orders of magnitude larger... http://www.bbc.com/news/business-28260172
  13. cgnao

    WED JUL 8 18:46:08 UTC 2015

    It has begun. Lehman was child play compared to what's coming.
  14. cgnao

    WED JUL 8 18:46:08 UTC 2015

    It is imminent. Greece is a symptom, not the cause. http://www.telegraph.co.uk/finance/economics/11734202/24-hours-to-save-the-euro-Germany-prepares-for-a-temporary-Greek-exit-as-euro-project-on-the-brink-of-collapse.html
  15. ZCZC CGNAOGLD2 ALL TTAA00 KNHC DDHHMM BULLETIN MAJOR DERIVATIVE MELTDOWN ALERT NWS TPC/CGNAO SUN JUN 08 21:26:46 UTC 2008 ...BOND INSURERS DOWNGRADES TRIGGERING A FRESH COLOSSAL WAVE OF DERIVATIVE LOSSES ...UNPRECEDENTED CREDIT MARKET PROBLEMS AT LEAST ONE ORDER OF MAGNITUDE LARGER THAN AT THE HEIGHT OF THE GREAT DEPRESSION ...MONETARY SYSTEM ONE STEP AWAY FROM TOTAL COLLAPSE DERIVATIVE LOSSES SURGE, DESPITE MASSIVE INJECTIONS OF EMERGENCY FUNDS WORTH HUNDREDS OF BILLIONS OF DOLLARS, A GIANT $150BN US ECONOMIC STIMULUS PACKAGE AND WHOLESALE REWRITING OF RULES TO ALLOW COMMERCIAL BANKS TO PLEDGE RISKY ASSETS TO SECURE HIGH QUALITY CENTRAL BANK FUNDS. SO FAR CENTRAL BANKS HAVE ONLY BEEN PREPARED TO LEND GOVERNMENT SECURITIES AGAINST PLUMMETING MORTGAGE ASSETS, BUT THE SITUATION IS EXPECTED TO GROW EXPLOSIVE IN THE COMING WEEKS. AS MAJOR BANKS, INSURERS AND OTHER FINANCIAL INSTITUTIONS AROUND THE WORLD ARE HIT BY SPIRALLING DERIVATIVE LOSSES AND COLLAPSING COLLATERAL VALUATIONS, CENTRAL BANKS WILL RUN OUT OF HIGH QUALITY GOVERNMENT SECURITIES. AT THAT POINT THE NEXT DESPERATE MOVES OF WESTERN GOVERNMENTS AND CENTRAL BANKS ARE EXPECTED TO BE 1) A COLOSSAL BAILOUT SCHEME FOR LARGE SCALE OUTRIGHT PURCHASES OF MORTGAGE SECURITIES, FUNDED BY STRAIGHTFORWARD CREATION OF CURRENCY WHICH WILL IGNITE A DEADLY HYPERINFLATIONARY PRICE SPIRAL IN VIRTUALLY EVERY COMMODITY ON THE PLANET AND SKYROCKETING LONG TERM BOND YIELDS WHICH WILL FURTHER COMPOUND DERIVATIVE LOSSES WORLDWIDE. 2) DRACONIAN CAPITAL AND EXCHANGE CONTROLS 3) CONFISCATION OF PRECIOUS METALS PREPARATIONS TO PROTECT FINANCIAL HOLDINGS OF ANY KIND, BUT IN PARTICULAR GOLD AND SILVER BULLION, BY MOVING THEM AWAY FROM THE USA, UK AND THE EURO AREA SHOULD BE RUSHED TO COMPLETION AS SOON AS POSSIBLE.
  16. The Financial Ebola is now unstoppable. http://online.wsj.com/articles/espirito-santo-financiere-files-for-creditor-protection-1406911353
  17. It's rigged and it will be chaotic. There's no point in playing it. Just keep it simple, hold onto the old yella and wait for the bargains after the carnage. There'll be plenty but the world will be much different and less pleasant. Meanwhile Espirito Santo keeps selling off despite the short sales ban. Not even a dead cat bounce, it's been suspended now. This is serious. http://www.cmvm.pt/en/comunicados/comunicados/pages/20140801m.aspx
  18. Don't be so happy. I am back with a warning. This is the tip of the iceberg, it is systemic and contagion has already started. Remember the fundamental rules of panic: 1) don't panic 2) panic first http://www.bloomberg.com/news/2014-07-30/banco-espirito-santo-posts-first-half-loss-of-3-6-billion-euros.html
  19. Nobody can know exactly but it is imminent and they know it: http://www.bloomberg.com/news/2014-07-30/eu-puzzles-over-emergency-funds-for-bank-crisis-agency.html
  20. The mother of all panics is coming. It will make Lehman look like kid's play.
  21. Consequences are enormous and global. The beast just raised its ugly head once more. http://www.businessweek.com/news/2014-07-29/banco-espirito-santo-meeting-canceled-nominations-not-affected Espirito Santo Financial Group SA and Credit Agricole SA canceled Banco Espirito Santo SA’s July 31 shareholder meeting, according to a regulatory filing. ESFG, the Lisbon-based bank’s biggest shareholder, cited “unexpected subsequent factors,” including its request for protection from creditors, for calling off the meeting, according to the statement by Paulo de Pitta e Cunha, chairman of Banco Espirito Santo’s general meeting. http://www.bloomberg.com/news/2014-07-29/banco-espirito-santo-bonds-drop-after-report-on-expected-losses.html Banco Espirito Santo Bonds Drop on Report of Losses
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