Another crash looming - Black Thursday

[Skorp1o]

Black Thursday (not a Hebrew related incident this time) took place last week and no one talks about it. Whilst everyone is busy with Charlie Hebdo and mourning the page 3 girls loss in the uk. Looks like a few brokers are going to bite the dust, seeing as the big Banks are active in Forex trading I wonder how badly some of them are hit:

The losses came as the franc soared as much as 39 per cent against the euro on Thursday after the Swiss National Bank stunned markets by abandoning its ceiling against the euro, first put in place in 2011.

Traders say hedge funds and global banks that dominate the currency market may be nursing bigger losses. A major question for the currency market and global regulators is just how far the fallout extends, given the sheer scale of the Swiss franc’s appreciation.

Brokers in New York, London, Europe and New Zealand issued a steady stream of warnings, with the UK’s Alpari entering insolvency.

I'll wait for Denarii and Pedro the hedge fund experts to chip in and tell us whether we should all buy gold bullions now and live in wooden shacks on the hills farming our own land and hunting deer.

Brace yourselves....winter's coming.

[visualizeperfection]

As long as Dubai's economy is good, and the value of a soiled trunk remains steady, getbig will survive the winter.

[nattybay]

Russia USA showdown on the horizon.





http://www.naturalnews.com/048313_currency_war_Russia_petrodollar.html

[Skorp1o]

As long as Dubai's economy is good, and the value of a soiled trunk remains steady, getbig will survive the winter.

Oil prices crashed more in the last 6 months than ever before. leaving Dubai reeling with sharp falls in GDP.

This will directly affect bodybuilders as crude Oil is applied to the skin pre-stage:

[visualizeperfection]

Oil prices crashed more in the last 6 months than ever before. leaving Dubai reeling with sharp falls in GDP.

This will directly affect bodybuilders as crude Oil is applied to the skin pre-stage:

Ah yes. So essentially Big Ramy's net worth has dropped significantly in the past 6 months?


I believe there are "things" going on behind the scenes now a days, and the western world is the puppetmaster.

I think the ball is in motion to suffocate the far east, middle east, and eastern europe.

[_aj_]

In a sane and un-rigged market, either the crash in oil or the SNB's crash of the EUR would have caused a global panic. As it is, there are still sufficient levers for the ECB and the Fed to manipulate all of the markets via indirect intervention (POMO in Equities and USD/JPY in FOREX) to keep the boat floating even though it is filled with holes and water.

If you are in finance, you know that there are several "Hindenburg omens" or "black-swan events" that always seem to precede a massive sell-off. We are in a world where there are multiple of these events daily and the band keeps playing.

All I can say is once it starts, the unwind is going to be MASSIVE and PAINFUL. It's going to engulf every aspect of finance and will culminate with the London derivatives market and it's super-retarded, over-leveraged notional $1 quadrillion "value" (not a misprint, but a dark-market where the leverage has gotten to the point that it is at least one order of magnitude higher than the combined GDP of the planet).

And that is why I stockpile food, ammo/guns and physical gold/silver as well as have a house well off the beaten path with off-grid capability.

[bigmc]

its all virtual

built on a foundation of glass

the world needs to get into manufaturing and other sustainable sectors

to bring long term stability

[Parker]

Ah yes. So essentially Big Ramy's net worth has dropped significantly in the past 6 months?


I believe there are "things" going on behind the scenes now a days, and the western world is the puppetmaster.

I think the ball is in motion to suffocate the far east, middle east, and eastern europe.

What no? China got that "let's wait them out" thing on lock. Also the "let's pretend we are friends, while I poison your kids, but up your land, businesses, make cheap shit, give you pandas, and befriend your neighbors and tell them how bad you are".

[Skorp1o]

its all virtual

built on a foundation of glass

the world needs to get into manufaturing and other sustainable sectors

to bring long term stability

You summed it up. There's really no economist rocket scientist that could say more on this.

Even something as simple as equities (shares) is ridiculous in a way. So you have a company that could potentially loose value in a drop of a hat based on sentiments in the markets and 1000's of other factors sometimes even false rumours send stocks up or crashing...as opposed to a non-listed company it's value is purely derived from assets, debts, balance sheet, stock held, cash due....etc i.e. real tangible value.

Don't even get me started on derivatives.

[Parker]

You summed it up. There's really no economist rocket scientist that could say more on this.

Even something as simple as equities (shares) is ridiculous in a way. So you have a company that could potentially loose value in a drop of a hat based on sentiments in the markets and 1000's of other factors sometimes even false rumours send stocks up or crashing...as opposed to a non-listed company it's value is purely derived from assets, debts, balance sheet, stock held, cash due....etc i.e. real tangible value.

Don't even get me started on derivatives.

Go ahead, get started. I am listening.

[visualizeperfection]

What no? China got that "let's wait them out" thing on lock. Also the "let's pretend we are friends, while I poison your kids, but up your land, businesses, make cheap shit, give you pandas, and befriend your neighbors and tell them how bad you are".

I dont buy it for a second.


The white man and his world may not be some things, but it is a survivor. And also much smarter and ingenuitive than others.


It will fool everyone with theatricality and deception, and make any sort of disaster look to be the fault of the east, but we will always be ok.

[_aj_]

Go ahead, get started. I am listening.

http://www.toobighasfailed.org/2013/04/24/dangerous-derivatives/

[Bosch]

Black Thursday (not a Hebrew related incident this time) took place last week and no one talks about it. Whilst everyone is busy with Charlie Hebdo and mourning the page 3 girls loss in the uk. Looks like a few brokers are going to bite the dust, seeing as the big Banks are active in Forex trading I wonder how badly some of them are hit:

The losses came as the franc soared as much as 39 per cent against the euro on Thursday after the Swiss National Bank stunned markets by abandoning its ceiling against the euro, first put in place in 2011.

Traders say hedge funds and global banks that dominate the currency market may be nursing bigger losses. A major question for the currency market and global regulators is just how far the fallout extends, given the sheer scale of the Swiss franc’s appreciation.

That piece of news is week old and you are still screaming like a scared little girl.
Keep calm, nothing happened.

[_aj_]

That piece of news is week old and you are still screaming like a scared little girl.
Keep calm, nothing happened.

Friend, I am not sure that you are properly prepared for the coming GetBig World. A world of steel and lead. A world where muscles -- finally -- will have some redeeming social value.

Are you ready? Or are you just another one of the sheeple sticking your head in the sand and waiting for your bailout?

[Parker]

I dont buy it for a second.


The white man and his world may not be some things, but it is a survivor. And also much smarter and ingenuitive than others.


It will fool everyone with theatricality and deception, and make any sort of disaster look to be the fault of the east, but we will always be ok.

And nobody does deception more than the Chinese.
From a review of "The School of Sun Tzu: Winning Empires Without Wars

For example, a popular phrase from the AoW is "War is one thing: Deception." Jones interprets this for the reader as "All strategies, plans, and initiatives need to be cloaked or disguised." To deceive is often interpreted as "lying" but it doesn't seem that was Sun Tzu's meaning. Lying will just get you in trouble, but to cloak something means to make it unseen or at least not to see something as it truly is. All throughout, Jones provides clear interpretations for each section of the AoW.

[visualizeperfection]

And nobody does deception more than the Chinese.
From a review of "The School of Sun Tzu: Winning Empires Without Wars

Maybe historically accurate. The chins aren't fooling anyone anymore.


We have been to the moon. We have dropped nukes.


I think we would resort to "taking" if we had to.

[Natural Man]

Maybe historically accurate. The chins aren't fooling anyone anymore.


We have been to the moon. We have dropped nukes.


I think we would resort to "taking" if we had to.

there is no We anymore , the white west is a bunch of isolated pussies who only care about buying the last I-crap. The chinese are an openly racist and united race. Whites will be replaced by muslims and mexicans, then chinese will take over.

[_aj_]

there is no We anymore , the white west is a bunch of isolated pussies who only care about buying the last I-crap. The chinese are an openly racist and united race. Whites will be replaced by muslims and mexicans, then chinese will take over.

Sadly, Uberman has a good pulse on The West these days.

[visualizeperfection]

there is no We anymore , the white west is a bunch of isolated pussies who only care about buying the last I-crap. The chinese are an openly racist and united race. Whites will be replaced by muslims and mexicans, then chinese will take over.

We arent talking about the 20-35 year old crowd, lol. Im talking about the "evil" men that run the goverment, the jews, the people that actually count, that make decisions. They will secure our way of life, even if the common liberal faggot hates them for it.

[Tapeworm]

I didn't even know the swiss franc still existed so I'm probably not qualified to make predictions based on this latest news.  

[Skorp1o]

I didn't even know the swiss franc still existed so I'm probably not qualified to make predictions based on this latest news.  

Neither were the Forex "professionals" who took big hits that day or the smart arses who use forex in borrowing instruments....if you borrowed in Swiss Francs, you should be loosing sleep over that debt.

[visualizeperfection]

Neither were the Forex "professionals" who took big hits that day or the smart arses who use forex in borrowing instruments....if you borrowed in Swiss Francs, you should be loosing sleep over that debt.

Bankruptcy time!

[Skorp1o]

We arent talking about the 20-35 year old crowd, lol. Im talking about the "evil" men that run the goverment, the jews, the people that actually count, that make decisions. They will secure our way of life, even if the common liberal faggot hates them for it.

Is there anything not run by the Jews these days? They even own bodybuilding

[visualizeperfection]

Is there anything not run by the Jews these days? They even own bodybuilding

Yep.

And god bless them.

[Tapeworm]

Neither were the Forex "professionals" who took big hits that day or the smart arses who use forex in borrowing instruments....if you borrowed in Swiss Francs, you should be loosing sleep over that debt.

I never borrowed anything in my life.  You know what Boloneyus said.