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JimDiGritz

Black Monday

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A run on USD and Euro denominated debt.

Sterling & gilts lags behind.

Gold shoots through £1000/oz and $1600/oz

Post stress test banks get hammered due to their massive exposure to eurozone debt.

Major indices plummet 5%.

HOWEVER

Bernanke et al will start openly talking about QE3 plans and the markets will rally.

Or maybe we just get more headlines about Murdoch....

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A run on USD and Euro denominated debt.

Sterling & gilts lags behind.

Gold shoots through £1000/oz and $1600/oz

Post stress test banks get hammered due to their massive exposure to eurozone debt.

Major indices plummet 5%.

HOWEVER

Bernanke et al will start openly talking about QE3 plans and the markets will rally.

Or maybe we just get more headlines about Murdoch....

28 days too early...

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Isn't it too early for a black thread, are not the top traders/bankers on holiday with minions in charge?

"Sell in May and go away?" :unsure:

Edited by John Steed

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Might be a bit of a black monday European bank day?

Then again I'm sure it will be a flight to safety with all the banks that passed the stress tests.

Surely bank shares will rocket! All the important ones past the stress tests, everything is good again!

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FTSE Down 30 points Banks down 1 % not so black just a bit greyish someone one day will call it correctly as we all know its going to happen

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FTSE Down 30 points Banks down 1 % not so black just a bit greyish someone one day will call it correctly as we all know its going to happen

Watch out for Euro Yen below 110. We are getting closer.

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A run on USD and Euro denominated debt.

Sterling & gilts lags behind.

Gold shoots through £1000/oz and $1600/oz

Post stress test banks get hammered due to their massive exposure to eurozone debt.

Major indices plummet 5%.

HOWEVER

Bernanke et al will start openly talking about QE3 plans and the markets will rally.

Or maybe we just get more headlines about Murdoch....

FTSE opened down, putting this in the top half of Black Day predictions..

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why euro yen?

People say that copper is the metal with a PhD in economics.

EUR/JPY seems to be the currency pair with a PhD in risk management.

I don't know why it is but the market seems to need confirmation from EUR/JPY at a level below 110 to confirm any material down moves in risk assets.

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Gold knocking on the door of a thousand pounds an ounce now .... doesn't seem that long since a thousand dollars was seen as an amazing milestone and the usual suspects were claiming it marked the top of the market.

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Looks like the end game. STAMPEDE away from risk. Thank God I have no shares!

Not sure about that.. if TSHTF owning part of something tangible could be better (if only marginally) than owning nothing/currency.

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  • 309 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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