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Zoomie
Tue Dec 09 2008, 11:55PM Print
Lose the shoes, bitch
Zoomie
Joined: Sun Aug 12 2007, 01:27AM
Posts: 2438
Its become quite the past time and it never ceases to amaze me the milestones we hit on our way down the shitter. For instance 3 month treasury bills were trading today at a negative yield of -0.0507%. NEGATIVE YIELD!!

The nearest i can figure from what i am reading is yes that basically means you give the fed a nickel for every dollar that you put into treasury bills if you bought at 11 AM today.

The real kicker? 30 billion in T bills were sold today at 0% .

What people "in the know" are saying is that two things are probably going to happen in the very near future.

1. Someone is going to dump A LOT of precious metals into the market causing the price to plummet for at least a short time .

2. Something VERY VERY BAD is on the short term horizon,something bad enough to where people with that kind of money just want a safe place to stick it even if its going to show no return.

Once again,I'm no expert I am just telling ya what I read and see.

The long slow slide into implosion has begun FOR REAL.
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Thrash
Wed Dec 10 2008, 03:47AM
Better Smokin' Than Meth!
Thrash
Joined: Wed Feb 28 2007, 12:14AM
: Under Your Mom's Meat Flaps!
Posts: 12573
So, buy or sell?
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Emperor Reagan
Wed Dec 10 2008, 05:39AM
Citizen
Emperor Reagan
Joined: Sat Jul 28 2007, 05:48AM
Posts: 452
Well, they did come out and float the story about a biological attack by 2013...
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Emperor Reagan
Wed Dec 10 2008, 05:41AM
Citizen
Emperor Reagan
Joined: Sat Jul 28 2007, 05:48AM
Posts: 452
Oh, and Obama is the anti-Christ and one world currency is comin' down the pipes. Yeeeeeeeah.
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Zoomie
Wed Dec 10 2008, 12:45PM
Lose the shoes, bitch
Zoomie
Joined: Sun Aug 12 2007, 01:27AM
Posts: 2438
I don't have a problem with that. Every time I go to Thailand its a PITA to get my currency exchanged...
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danzig
Wed Dec 10 2008, 08:50PM
Yes, you may has cheezburger.
danzig
Joined: Tue Jul 01 2008, 04:12PM
: Waterville, Maine
Posts: 478
I wish I could take back the time it took me to read these stimulating posts about the stock market. Please warn me next time in the subject line, Zooms.
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Zoomie
Wed Dec 10 2008, 09:05PM
Lose the shoes, bitch
Zoomie
Joined: Sun Aug 12 2007, 01:27AM
Posts: 2438
Oh, sorry Danzy. Philosophy, Politics and Religion... three things you know absolutely nothing about.

If you can't at least pretend for just a moment to be an intellectual stay the fuck out of this forum, robo-boy.
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Emperor Reagan
Thu Dec 11 2008, 06:09AM
Citizen
Emperor Reagan
Joined: Sat Jul 28 2007, 05:48AM
Posts: 452
All kidding aside, I do think the economy is probably in a feedback loop where the combination of layoffs, defaults, etc. is going to lead us much further down than most pundits are willing to speculate.

I also don't think there's a whole lot the government can do to stop it. I think the United States is probably at its weakest point in its history. And I think the best response to the current crisis would be to fill the capital mall with the heads of the chiefs of the financial world on stakes.
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Mosh
Thu Dec 11 2008, 06:53AM
Rape barn owner
Mosh
Joined: Thu Jan 13 2005, 10:49AM
Posts: 3587
I'd love to see that.
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Thrash
Thu Dec 11 2008, 07:43AM
Better Smokin' Than Meth!
Thrash
Joined: Wed Feb 28 2007, 12:14AM
: Under Your Mom's Meat Flaps!
Posts: 12573
Zoomie wrote ...

I don't have a problem with that. Every time I go to Thailand its a PITA to get my currency exchanged...
What's wrong; the 12 year old hookers don't accept real money and/or don't know how to make change?
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twolips
Fri Dec 12 2008, 02:41AM
twolips
Joined: Mon Jun 30 2008, 01:55AM
Posts: 6
heads on steaks on the mall sounds great...i'm in
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Zoomie
Fri Dec 12 2008, 02:58AM
Lose the shoes, bitch
Zoomie
Joined: Sun Aug 12 2007, 01:27AM
Posts: 2438
Thrash wrote ...

What's wrong; the 12 year old hookers don't accept real money and/or don't know how to make change?

No, they want money that's WORTH something.
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danzig
Fri Dec 12 2008, 04:30AM
Yes, you may has cheezburger.
danzig
Joined: Tue Jul 01 2008, 04:12PM
: Waterville, Maine
Posts: 478
Zoomie wrote ...

Oh, sorry Danzy. Philosophy, Politics and Religion... three things you know absolutely nothing about.

If you can't at least pretend for just a moment to be an intellectual stay the fuck out of this forum, robo-boy.

Philosophy and religion, just not politics. Or the fucking stock market and the economy or Charles Dickens novels.
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Zoomie
Fri Dec 12 2008, 12:28PM
Lose the shoes, bitch
Zoomie
Joined: Sun Aug 12 2007, 01:27AM
Posts: 2438
Drug-addled cretin.
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Tru
Fri Dec 12 2008, 06:51PM
Tru
Joined: Fri Jul 20 2007, 05:11PM
Posts: 185
Vault 101 sucks ass.
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Tru
Fri Dec 12 2008, 07:06PM
Tru
Joined: Fri Jul 20 2007, 05:11PM
Posts: 185
>> I think the best response to the current crisis would be <<

For Russia and China to secretly get together and push their red buttons.
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Emperor Reagan
Fri Dec 12 2008, 08:50PM
Citizen
Emperor Reagan
Joined: Sat Jul 28 2007, 05:48AM
Posts: 452
Oh Tru, you know nuclear apocalypse is the way to my heart!
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Thrash
Sat Dec 13 2008, 06:59PM
Better Smokin' Than Meth!
Thrash
Joined: Wed Feb 28 2007, 12:14AM
: Under Your Mom's Meat Flaps!
Posts: 12573
Zoomie wrote ...

Thrash wrote ...

What's wrong; the 12 year old hookers don't accept real money and/or don't know how to make change?

No, they want money that's WORTH something.

Best-3rd-party-burn-EVER!
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Zoomie
Sat Dec 13 2008, 07:59PM
Lose the shoes, bitch
Zoomie
Joined: Sun Aug 12 2007, 01:27AM
Posts: 2438
Tru wrote ...

Vault 101 sucks ass.

You know, after 10 years I've finally come around to your way of thinking. I'm actually willing to admit that you were correct. A lot of this has GOT to be a big conspiracy. Unlike 1929, this has been on the radar for a long time and not only was nothing done to prevent it, things were done to ACCELERATE the process. So please, tell us oh seer, WTF does a video game have to do with it?

Also, has anyone noticed that they wait until 5pm Friday to announce bank failures? You know, the one time of the week when people are LEAST likely to be paying attention?

Remain calm, all is well. Right.
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Thrash
Mon Dec 15 2008, 05:19AM
Better Smokin' Than Meth!
Thrash
Joined: Wed Feb 28 2007, 12:14AM
: Under Your Mom's Meat Flaps!
Posts: 12573
Yeah, the more things go on, the more I remember (more like it's very occasional, echoing, and slight) things Tru's said ...

... and I find myself nodding in agreement

... maybe I'm getting more insane in my years as well?
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