Tuesday, June 14, 2011
'Hidden agenda in Syria to show itself after Bilderberg meeting'
Tensions are peaking in Syria, government troops have stormed the rebel northern border town of Jisr Al-Shugour with tanks and military helicopters. The army has entered the city in order to "cleanse it" from rebellious armed groups, which killed at least 120 police officers last week. Meanwhile, Britain and France are still pushing for a UN resolution, condemning the brutal crackdown against anti-government activists in Syria. Russia, which opposes any attempts to intervene in the Syrian conflict, said it won't back the move.
BTFD !!
Someone has not only taken an axe to the AUD:USD pair but they have also just put Gold & Silver on sale in Aussie dollars.
David Icke - You don't want to know about this
While worth watching in full, if you are short for time please got to the 7 min point and listen to David explain money, no one else I know explains the concept so succinctly.
S&P cuts Greece credit rating to CCC
From Bloomberg:
Greece had its credit rating cut by three levels to CCC by Standard & Poor’s and the rating company said the nation is “increasingly likely to restructure its debt.”
Greece had its credit rating cut by three levels to CCC by Standard & Poor’s and the rating company said the nation is “increasingly likely to restructure its debt.”
A restructuring would likely “result in one or more defaults under our criteria,” S&P said in a statement today. “Risks for the implementation of Greece’s EU/IMF borrowing program are rising, given Greece’s increased financing needs and ongoing internal political disagreements surrounding the policy conditions required by Greece’s partners.”
The downgrade comes as the European Central Bank and Germany battle over how to bail out Greece and whether officials should push creditors to share some of the costs. ECB President Jean-Claude Trichet said today that his advice to European governments is to “avoid what would be a compulsory concept” and “avoid whatever would trigger” a default......read on
Eric Sprott - 'There is nothing but signs of Inflation'
Eric Sprott talks to Eric King of King World News about the Silver market, manipulation and rampant inflation.....listen here
Let them eat Fiat Cheese
The Wall St Rat Pack will love this one.........From the CME group:
To better meet the price risk management needs of dairy companies, CME Group is adding Cheese futures and options to its suite of dairy contracts.
Based on domestic cheddar cheese, these new contracts will enable direct hedging of forward exposure to the price of cheese. They will be cash-settled, traded electronically on CME Globex, and block trade eligible.......read on
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