This is the problem. The 'assets' value is falling day by day.

Having listen to the 2 recordings you posted, it's quite clear (particularly at the end of the second recording) that the presenter is a rabid anti-semite.

The British guy being interviewed is more muted but I've visited his website and he is clearly very much the same.

Honestly, it worries me that people on this forum take these people seriously. Yes, things are bad, but taking these peoples' opinions as gospel is pretty pathetic frankly.

GLOBAL CO-ORDINATED HYPERINFLATION


http://www.bloomberg.com/apps/news?pid=206...&refer=home
Fed Plans to Ease Funding Pressures by Adding Cash (Update3)

By Ye Xie and Craig Torres

Nov. 26 (Bloomberg) -- The Federal Reserve sought to ease concern that banks will be short of cash next month by planning its first long-term injection of year-end funds in two years.

The Fed's New York branch said in a statement that it plans a series of repurchase agreements, starting with an $8 billion injection on Nov. 28, extending into next year. The move follows the European Central Bank's commitment last week to make extra cash available to ``counter the re-emerging risk of volatility'' in money markets.

You say no the NWO on your links. What is the NWO and where does it get its funding from?

I see! So it's all the Jews' fault

You are fekkn despicable and I don't wan't anything to do with people like you or you opinions

No, I have not mentioned Jews anywhere, you have!

I asked you what is the NWO and where does it get its funding from. You are the one that is jumping to conclusions.

I beg to differ... I guess you didn't listen carefully to all of the two audio broadcasts you posted here, did you?

You might want to check the website on which they are posted. (Ah-herm....)

Really.

When I posted those clips I mentioned that everyone should listen to Mohameed. I said that because he claimed to have worked in the city and had a good handle on derivatives. The other guy in the clip Daryl in my opinion was clueless as he ranted on about about Colonial Script and other stuff I did not agree with.

But you are right I did not visit the website you mention as I copied and pasted the audio clips from this website in another thread.

IMHO, both of the people on that "interview" had nefarious agendas. The website removes all doubt that this is a publication by a bunch of raving anti-semites.

It was all rather unfortunate - as the initial analysis was, at least, technically interesting... even though the conclusions spiralled into farcical hatred. It completely undermined the credibility of the information source.

However, the Mohameeed guy was interesting and that is why I re-posted the clips - there was no ulterior motives.

When I posted those clips I mentioned that everyone should listen to Mohameed. I said that because he claimed to have worked in the city and had a good handle on derivatives. The other guy in the clip Daryl in my opinion was clueless as he ranted on about about Colonial Script and other stuff I did not agree with.

But you are right I did not visit the website you mention as I copied and pasted the audio clips from this website in another thread.

Speaking of what's happening, cgnao what's your take on what the credit markets are saying at the moment?

I have to agree with you, the ending was got way off topic. Daryl also mentioned he was against the gold standard and was in favour of a colonial script which I am against for the same reasons as central bank money. He also told everyone to stock up on food as the end is near.

However, the Mohameeed guy was interesting and that is why I re-posted the clips - there was no ulterior motives.

I sincerely hope GF, that as a supporter of Ron Paul, you understand that anti-semitism is absolutely unaccepable.

I know some zionist bloggers have levelled such accusations against Ron Paul and I believe such accusations to be unfounded and untrue.

Could you please stop derailing this thread.

Thank you.

I have to agree with you, the ending was got way off topic. Daryl also mentioned he was against the gold standard and was in favour of a colonial script which I am against for the same reasons as central bank money. He also told everyone to stock up on food as the end is near.

However, the Mohameeed guy was interesting and that is why I re-posted the clips - there was no ulterior motives.

The biggest bank in the world is so desperate for cash that it will pay 11% interest.

The cash will be used to buy up mortgage backed securities from their SIVs, in a desperate attempt to prevent the fire sale that will bankrupt the entire international banking system.

This is the high finance equivalent of debt consolidation with Ocean Finance, and it will just buy some more time at the cost of making the final outcome even worse.

And then there is the hidden part, i.e. what had to be promised to the Abu Dhabi state as a quid pro quo.

http://www.bloomberg.com/apps/news?pid=206...&refer=home
Citigroup to Raise $7.5 Billion From Abu Dhabi State

Nov. 27 (Bloomberg) -- Citigroup Inc., the biggest U.S. bank by assets, will receive a $7.5 billion cash infusion from Abu Dhabi to replenish capital after record mortgage losses wiped out almost half its market value.

Citigroup rose 2.6 percent in New York trading today following acting Chief Executive Officer Win Bischoff's statement late yesterday that funds from the state-owned Abu Dhabi Investment Authority will help ``strengthen our capital base.''

Abu Dhabi will buy securities that convert to stock and yield 11 percent a year, almost double the interest Citigroup offers bond investors, underscoring the New York-based company's need for cash.

Citi got a $7 billion cash infusion from Abu Dhabi and US and some Asian markets rallied. However it is not enough and late, according to Meridith Whitney of CIBC. Citi said several weeks ago they need to raise $30 billion in capital, and this 4th quarter are expected to report another $11 B in writedowns.
Also Whitney stated that Citi is going to have a hard time (my wording) raising capital by selling assets because the sales will not have much beneficial effect on their balance sheet - ie be effective in raising net capital.

Citigroup Will Cut Dividend, Sell Assets, CIBC Says (Update1)

By Michael Patterson and Carol Massar

Nov. 27 (Bloomberg) -- Citigroup Inc., the U.S. bank that said it will get a $7.5 billion cash infusion from Abu Dhabi, will still cut its dividend and sell ``well over'' $100 billion of assets to replenish capital, CIBC World Markets analyst Meredith Whitney said.

Mortgage-related losses at America's biggest bank by assets will increase ``at an alarming rate'' over the next few quarters, wrote Whitney, the New York-based analyst whose downgrade of Citigroup helped spark a 2.6 percent drop in the Standard & Poor's 500 Index on Nov. 1. This acceleration will reduce Citigroup's ability to weather bad loans and force it to raise more cash, Whitney wrote in a research note today.

Citigroup, which has tumbled 45 percent this year in New York Stock Exchange composite trading, said late yesterday that funds from the state-owned Abu Dhabi Investment Authority will help ``strengthen our capital base.'' Losses from subprime mortgages may reduce fourth-quarter profit by as much as $7 billion, Citigroup said earlier this month.

``This $7.5 billion is just not enough money by a long shot,'' Whitney, who advises selling Citigroup shares, said in an interview. ``This is a step in the right direction, but not enough and certainly too late.''

`100 Percent'

Whitney said the odds that Citigroup will cut its dividend are ``100 percent.'' The company may be forced to sell more than $100 billion of ``higher quality'' assets at a discount to raise cash, she added.

Citigroup's ``tier 1'' ratio, a metric used to assess banks' ability to weather loan losses, slipped to 7.3 percent on Sept. 30. The figure, while above U.S. regulators' 6 percent threshold for a ``well-capitalized'' bank, was below the bank's 7.5 percent target.

Citigroup Chairman Robert Rubin and Chief Financial Officer Gary Crittenden said on a conference call earlier this month that the bank expects to restore capital to targeted levels by the end of the second quarter without having to cut its $2.7 billion-a- quarter dividend.

Whitney estimates Citigroup's dividend payout will amount to 90 percent of its earnings this year and 70 percent of next year's profit.

``Their earnings just don't support the type of dividend- payout ratio that they have,'' said Whitney. ``There's so much more negative headline risk ahead for Citigroup that I don't think investors should be tempted to bottom fish at these levels.''

Mortgage-related losses at America's biggest bank by assets will increase ``at an alarming rate'' over the next few quarters

This is the mark of the derivative beast.

The US stock market bounced at just the critical moment, but I suspect this bounce from the rather minimal Citi investment to be short lived.


Chris

Are you really based in Dawson City? I travelled there in 2005 when gold was still cheap

Quite a place but I would imagine it is pretty dark and cold there now?

Humidity: 85%
Wind Speed: CALM
Barometer: 1019 mb
Dewpoint: -19°C
Heat Index: -17°C
Wind Chill: -17°C
Sunrise: 10:19 AM PST
Sunset: 3:47 PM PST

and we moan about our lot here in the UK!!

CGNAO,

Thanks for all of your input, it makes for fascinating reading and much food for thought. It's a shame that attempts are made by one or two to derail things.

I can see from your many posts that you seem willling to discuss your ideas in further detail.

Hypothetically, if we are currently entering a global hyperinflationary phase, how quickly and to what magnitude will this affect your average Joe (me, for example)?

How will this hyperinflation manifest itself and what will be the short, medium and long term consequences for the nation as a whole?

MB

edit:typo

CGNAO,

Thanks for all of your input, it makes for fascinating reading and much food for thought. It's a shame that attempts are made by one or two to derail things.

I can see from your many posts that you seem willling to discuss your ideas in further detail.

Hypothetically, if we are currently entering a global hyperinflationary phase, how quickly and to what magnitude will this affect your average Joe (me, for example)?

How will this hyperinflation manifest itself and what will be the short, medium and long term consequences for the nation as a whole?

MB

edit:typo

CGNAO,

Thanks for all of your input, it makes for fascinating reading and much food for thought. It's a shame that attempts are made by one or two to derail things.

I can see from your many posts that you seem willling to discuss your ideas in further detail.

Hypothetically, if we are currently entering a global hyperinflationary phase, how quickly and to what magnitude will this affect your average Joe (me, for example)?

How will this hyperinflation manifest itself and what will be the short, medium and long term consequences for the nation as a whole?

MB

edit:typo

CGNAO,

Thanks for all of your input, it makes for fascinating reading and much food for thought. It's a shame that attempts are made by one or two to derail things.

I can see from your many posts that you seem willling to discuss your ideas in further detail.

Hypothetically, if we are currently entering a global hyperinflationary phase, how quickly and to what magnitude will this affect your average Joe (me, for example)?

How will this hyperinflation manifest itself and what will be the short, medium and long term consequences for the nation as a whole?

MB

edit:typo

CGNAO,

Thanks for all of your input, it makes for fascinating reading and much food for thought. It's a shame that attempts are made by one or two to derail things.

I can see from your many posts that you seem willling to discuss your ideas in further detail.

Hypothetically, if we are currently entering a global hyperinflationary phase, how quickly and to what magnitude will this affect your average Joe (me, for example)?

How will this hyperinflation manifest itself and what will be the short, medium and long term consequences for the nation as a whole?

MB

edit:typo

...and are we likely to see a UK HPC if this comes to pass? Or will we not really care about that when this happens?

House prices will probably not fall or fall very little in nominal terms.

In real terms, that's another story.

Why not?

Will houses not fall in nominal terms because of the vast increases in money supply? Will this sustain them? do you not hink money suppy may turn -ve and lead to credit reduction?