1. 01-21-16 08:30 AM #71
    Hu$tle
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    Just started watching markets last 2 years and the financial media is very fishy. Its like they fuel this so calll crash
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  2. 01-21-16 08:34 AM #72
    CappinTerp
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    Quote Originally Posted by ACoochy View Post
    Good point.

    They've got alot to lose from this as well.

    Dont know how 'historied' up you are but do you remember back in the 80's when the Saudi's tried to cut production when the price was low in order to try and corner the market but it had little effect and they were buried as a result??

    Same thing here only this time they have around $700bn in reserves so can keep this going for quite some time.

    Ideally though they'd want the price to be around US$85 a barrel to be profitable but they really must want a larger slice of the global pie now...
    I do remember ... Use to be a Institutional bond trader...that was real action...being long/short $ 100 million 2-yr notes,5 min. before non-farm payroll came out!! Loved the job,but commuting 2 hrs. each way...no fun. You seem to know much...were/are you working in the markets?
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  3. 01-21-16 08:34 AM #73
    DwightShrute
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    Quote Originally Posted by CappinTerp View Post
    Good points AC... BUT The Saudis own massive amounts of our Country's debt,that making our banking system vulnerable,is counter productive to them.
    Quote Originally Posted by ACoochy View Post
    Good point.

    They've got alot to lose from this as well.

    Dont know how 'historied' up you are but do you remember back in the 80's when the Saudi's tried to cut production when the price was low in order to try and corner the market but it had little effect and they were buried as a result??

    Same thing here only this time they have around $700bn in reserves so can keep this going for quite some time.

    Ideally though they'd want the price to be around US$85 a barrel to be profitable but they really must want a larger slice of the global pie now...

    Actually they don't


    The following is a list of the top foreign holders (over $100 billion) of US Treasury securities as listed by the US Treasury (revised by November 2015 survey):[107]
    Leading foreign holders of US Treasury securities as of November 2015
    Economic area Billions of dollars (est.) Ratio of owned US debt
    to GDP (est.)[108][109]    		 Percent change since
    November 2014
    China 1,264.5 7% + 1%
    Japan 1,144.9 25% − 8%
    Caribbean Banking
    Centers[show]
    		 337.8 n/a +25%
    Oil exporters[show]
    		 289.0 n/a + 4%
    Brazil 255.0 11% − 3%
    Ireland 246.4 98% +27%
    Switzerland 227.1 32% +24%
    214.1 7% +23%
    Hong Kong 196.6 68% +19%
    Luxembourg 193.0 294% +16%
    Taiwan 177.5 34% + 4%
    Belgium 143.6 27% −57%
    India 115.4 6% +43%
    Singapore 108.3 35% − 2%
    Others 1,212.5 n/a − 1%
    Grand total 6,125.7 n/a +0.2%
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  4. 01-21-16 08:38 AM #74
    CappinTerp
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    Hey AC...Talking about cornering the market....Do you remember when the Hunt Brothers tryed to corner the Silver Markets.????
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  5. 01-21-16 09:17 AM #75
    jjgold
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    I think next 5 years or so just stale markets

    To much debt out there
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  6. 01-21-16 12:00 PM #76
    CappinTerp
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    Quote Originally Posted by jjgold View Post
    I think next 5 years or so just stale markets

    To much debt out there
    We could very well still be in a zero interest rate environment, for another 3-6 years.
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  7. 01-21-16 12:29 PM #77
    jjgold
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    I think for business economy will be OK but for poor people and middle-class basically stagnant
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  8. 01-21-16 03:21 PM #78
    DwightShrute
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    [IMG]https://*********************************/hphotos-xlp1/v/t1.0-9/12509874_1090066821049679_41604871001937 3404_n.jpg?oh=1999e03c68aef2f9ea6c7a5c3a 48fb82&oe=5731911B[/IMG]
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  9. 01-21-16 03:29 PM #79
    tony_come
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    Quote Originally Posted by DwightShrute View Post
    [IMG]https://*********************************/hphotos-xlp1/v/t1.0-9/12509874_1090066821049679_41604871001937 3404_n.jpg?oh=1999e03c68aef2f9ea6c7a5c3a 48fb82&oe=5731911B[/IMG]
    This is crazy!
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  10. 01-21-16 03:47 PM #80
    CappinTerp
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    Quote Originally Posted by jjgold View Post
    I think for business economy will be OK but for poor people and middle-class basically stagnant
    That is a big problem in our country.If rich or poor,one can get into a good college......but​ if one is middle class,it's a very big problem.Something has to be done,to get into a so-so college,it's will cost you a min. of $ 40,000 per year!!
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  11. 01-21-16 04:33 PM #81
    RudyRuetigger
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    who the fukk goes to KFC????
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  12. 01-21-16 07:47 PM #82
    brooks85
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    I almost went today but don't want to go until right after lunch, I want it fresh but that new nashville hot chicken is supposed to be good. Seeing how I'm not going to drive 8 hours to Nashville, TN KFC is worth a try.
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  13. 01-21-16 07:57 PM #83
    grease lightnin
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    Premium gas here below $2 /gal. This is all just a little adjustment.
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  14. 01-21-16 09:26 PM #84
    Scorpion
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    The Secret Behind the Next Gobal Crash

    http://sputniknews.com/columnists/20...bal-crash.html
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