Thu, Jul 10, 2014, 1:48 PM EDT - U.S. Markets close in 2 hrs 12 mins

Recent

% | $
Quotes you view appear here for quick access.

SPDR Gold Shares Message Board

micheldenostrildamus10 106 posts  |  Last Activity: Jul 7, 2014 10:30 AM Member since: Mar 18, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • micheldenostrildamus10 micheldenostrildamus10 Jul 7, 2014 10:30 AM Flag

    It is not supposititious of me to concluded that this subject is beyond the cognitive capabilities of today's yahoo financial SPY message board participants.

  • micheldenostrildamus10 micheldenostrildamus10 Jul 7, 2014 10:21 AM Flag

    You post hundreds of messages on the yahoo financial SPY message board, most if not all, are filled with nonsense.

    Why would anyone look to you for a logical assessment on any subject at all?

  • micheldenostrildamus10 micheldenostrildamus10 Jul 7, 2014 10:12 AM Flag

    That is a false supposition.

  • Reply to

    NY Fed Fired Examiner Who Took on Goldman

    by idiotanalyst Jul 6, 2014 9:30 PM
    micheldenostrildamus10 micheldenostrildamus10 Jul 7, 2014 10:10 AM Flag

    ~... I give up.~

    That's understandably superfluous.

  • micheldenostrildamus10 micheldenostrildamus10 Jul 7, 2014 10:04 AM Flag

    From the WSJ

    Banks Face Added Capital Requirements
    Basel Committee May Reduce Lenders' Latitude on Weighing Risk

    By VIKTORIA DENDRINOU And DAVID ENRICH
    July 6, 2014 8:22 p.m. ET

    Global banking regulators are considering new measures that would make it harder for banks to understate the riskiness of their assets, including potentially ending the long-standing treatment of all government bonds as automatically risk-free, according to people familiar with the discussions.

    The changes under consideration by the Basel Committee on Banking Supervision, the Switzerland-based group that sets global banking rules, could force banks to raise billions of dollars in extra capital.

    In Belgium, KBC Groep NV, the country's biggest lender by market value, said in May that its risk-weighted assets had climbed by #$%$4.4 billion because it had stopped applying zero-percent risk weights to its portfolio of Belgian, Czech, Slovakian and Hungarian government bonds. KBC said it was asked to do so by Belgium's central bank.

    Basel officials had hoped that increased regulatory scrutiny of how banks calculate their risk weightings would prompt the industry to change its practices voluntarily, but they haven't seen evidence of that happening, according to a person familiar with the committee's thinking.

  • Reply to

    NY Fed Fired Examiner Who Took on Goldman

    by idiotanalyst Jul 6, 2014 9:30 PM
    micheldenostrildamus10 micheldenostrildamus10 Jul 7, 2014 9:47 AM Flag

    That is an old news item. Carmen Segarra’s claim that she was dismissed for not withdrawing a critical finding about Goldman Sachs is not protected by federal law.

    U.S. District Judge Ronnie Abrams in New York ruled in April that the assertion by Carmen Segarra that supervisors retaliated against her failed to fall within the whistleblower statute under which she filed her case.

    Abrams’ ruling also recounts how, she as the judge had to disclose to the parties in the case that her husband, Greg Andres, a partner at the law firm Davis Polk & Wardwell in New York, was representing Goldman Sachs in an advisory capacity.

  • micheldenostrildamus10 micheldenostrildamus10 Jun 24, 2014 10:47 AM Flag

    Yesterday in Bloomberg news.

    Fed Chair Janet Yellen said at a press conference in Washington last week that the U.S. central bank is “using supervisory tools and regulations, both to make the financial system more robust and to pay particular attention to areas where we’ve spotted concerns, like leveraged lending.”

    Speculative-grade loans have returned 2.3 percent this year, compared with 5 percent in all of 2013, according to the S&P/LSTA U.S. Leveraged Loan 100 index. The debt has returned about 99 percent since the end of 2008, the year Lehman Brothers Holdings Inc. collapsed, the index shows.

    There may be more of a “crackdown” by regulators during the second half of this year, Brian Kleinhanzl, an analyst with KBW in New York, said in a telephone interview. Todd Vermilyea, a Fed regulator, said in May that standards “have continued to deteriorate in 2014” and that “stronger supervisory action” may be needed.

  • micheldenostrildamus10 micheldenostrildamus10 Jun 24, 2014 9:54 AM Flag

    Financial institutions fight back.

    Backroom deals could cripple bank regulation
    By Patricia Ranald
    Posted 9 hours 12 minutes ago

    Secretive trade talks reveal a worrying push towards financial deregulation on a global scale. The Australian government should oppose this hidden agenda and ensure consumers are well protected, writes Patricia Ranald.

    WikiLeaks has revealed yet another set of secret trade talks, this time between Australia, the US, Japan, the EU and 19 other governments, on proposals to radically deregulate financial services.

    At a time when many governments are still attempting to re-regulate the financial sector after the disaster of the Global Financial Crisis (GFC), proposals in this document would prevent governments from protecting consumers and responding to future financial crises.

    The leaked chapter aims to open up national economies to greater foreign investment in banking and financial services, with no limitations on levels of foreign investment or numbers of investors, and minimal levels of national regulation.

    This contradicts the global trend in regulation of financial services. Deregulation of financial systems, especially in the US was a major cause of the GFC. This permitted banks and other financial institutions to operate without adequate consumer protections, to invent and invest in ever riskier financial products and to engage more easily in national and international mergers.

    These changes spread toxic "sub-prime" mortgage investment securities from the US throughout the world and created banks that were "too big to fail".

  • micheldenostrildamus10 micheldenostrildamus10 Jun 23, 2014 12:17 PM Flag

    No one has ever been interested in your braggadocious revisionist prognostications.

    ~who said to get short at the 1040 high? by market_kibbles •Sep 1, 2009 2:45 PM~

    A ~yammering~ bore who was not interested in participating in an 8% advance the following 11 days.

    Please leave the prophecies to me.........

  • micheldenostrildamus10 micheldenostrildamus10 Jun 23, 2014 12:03 PM Flag

    Please refrain from making false suppositions.

    Through May, sales are down 8.2% from the first five months of last year.

    Housing inventory at the end of May rose to 2.28 million existing homes available for sale.

    Inventory is presently 6% higher than a year ago.

  • micheldenostrildamus10 micheldenostrildamus10 Jun 23, 2014 11:55 AM Flag

    ~yammering~

    I suggest you consider a career as a gibberish language instructor.

    ~who said to get short at the 1040 high? by market_kibbles •Sep 1, 2009 2:45 PM~

    Prophecies are best left to prophets.

  • Reply to

    S&P - Where is it going...

    by blsh1990 Jun 22, 2014 11:56 PM
    micheldenostrildamus10 micheldenostrildamus10 Jun 23, 2014 11:51 AM Flag

    Attempting to project forward guidance is inherently a qualitative exercise.

    The Federal Reserve will remain accommodative until the end of 2015.

    Wage growth remains restrained, and inflationary pressures are subdued.

    Please leave the prophecies to me.........

  • micheldenostrildamus10 micheldenostrildamus10 Jun 23, 2014 11:24 AM Flag

    I appreciate you presenting me with your unsolicited opinion.

  • micheldenostrildamus10 micheldenostrildamus10 Jun 23, 2014 11:23 AM Flag

    ~What is his track record like in the past.~

    A financial flip-flopper with 20/120 vision.

  • micheldenostrildamus10 micheldenostrildamus10 Jun 23, 2014 11:17 AM Flag

    Unfortunately it isn't humorous to me because I don't know whom you are referring to.

    Informatively, there is at least one person who is not behind the lack of better accountability and transparency at the Federal Reserve. It is the Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, introduced H.R. 3928, the Federal Reserve Accountability and Transparency Act. The acronym is called FRAT.

  • micheldenostrildamus10 micheldenostrildamus10 Jun 23, 2014 10:43 AM Flag

    I don't care for Klein. He is a "shock jock" of an author. The only thing he's written worth reading.

    The Amateur: Barack Obama in the White House

    Klein (who has said he regrets voting for Obama in 2008) reveals a president with messianic dreams of grandeur supported by a cast of true-believers, all united by leftist politics and an amateurish understanding of executive leadership.

  • micheldenostrildamus10 micheldenostrildamus10 Jun 23, 2014 10:29 AM Flag

    The reason is indeed simple. The question posed was, who is behind it. There are numerous reasons that much better accountability and transparency at the Federal Reserve need to be adopted by our representatives in Congress.

    Allan Meltzer, Ph.D., Professor, Carnegie Mellon Tepper Graduate School of Business, Senior Fellow at Hoover Institution, and author of a three volume history of the Federal Reserve.

    Meltzer describes how the Federal Reserve as the “banker’s bank,” has evolved into a social instrument trying to control inflation and unemployment. He charges that two terrible mistakes have been made, and maintains that rules need to be established and that the Federal Reserve must be held to account.

  • micheldenostrildamus10 micheldenostrildamus10 Jun 17, 2014 12:13 PM Flag

    Thank you for presenting me with your unsolicited opinion.

  • micheldenostrildamus10 micheldenostrildamus10 Jun 17, 2014 12:11 PM Flag

    While the reason behind the refusal to open up the Federal Reserve books may be simple. The question is whom is behind it. Who is benefiting from the continuation of secrecy to the extent that it no longer is tweeted about as a talking point?

  • micheldenostrildamus10 micheldenostrildamus10 Jun 17, 2014 12:06 PM Flag

    Clinton sought to persuade Syrian President Bashir al-Assad to engage in reform. As government violence rose, in August 2011 she called for him to relinquish power.

GLD
128.80+0.96(+0.75%)1:48 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.