and as Senior Members of the Syriza party plan there return to the drachma, Spy longs get worried knowing that a Greek government split will force Greece into Default, thus send Spy down to $100 a share, if not lower.
What was kiss and make up two weeks ago is now all out Political war between Greece Syriza members and Europe creditors. Look out below.
and when news breaks how bad it is, the stock will free fall into double digits.
At the Defcon hacker conference in August, two renowned security professionals, CloudFlare’s research lead Marc Rogers and Lookout co-founder Kevin Mahaffey, will reveal major vulnerabilities in the Tesla Model S. Its a hackers paradise (Model S) one cyber security expert said and Tesla is doing nothing about it. Next week sure looks ugly for Tesla and Tesla stock.
Gold hits five-year low under $1,100 on Chinese selling (TIMBER)
Gold prices plunged as much as 4 percent to their lowest in more than five years on Monday as sellers in top consumer China offloaded the metal. Investors have been finding less and less reason to hold gold as an insurance against risk, with the dollar strengthening ahead of what is expected to be the first increase in U.S. interest rates for nearly a decade.
and continues into Fed rate hike come September and the free fall should end sometime in 2018, 2019 when the Fed finally stops tightening. So long $1000 an ounce and hello $850 come back to school September.
The reason Varoufakis resigned was because he needed free time to find and buy money printing presses for new Drachma bills. Word has it (with the help of Russia) that he found several but now he can find any ink to print new Greek currency. So sad
Greece's New German Overlords "Irritated" By Tsipras "I Don't Support What I'm Doing" Comment. How can anything pass the Greece Parliament when the idiot running it wants to throw up every time he tries to pass legislations that will kill Greece for years. Its mass suicide on a gigantic level.
and certainly not a cocktail you would want to drink on a bull bloated Bull stomach.
Greek prime minister Alexis Tsipras is losing his struggle to keep his majority in parliament after a number of government figures distanced themselves from the deal with creditors. A rebellion in the ruling Syriza party has been on the cards since Saturday morning, when 17 of the party’s MPs failed to vote to authorise Mr Tsipras to negotiate with Greece’s lenders. Another 15 indicated over the weekend they would not vote for individual austerity measures. As the scale of the tough terms accepted by Mr Tsipras emerged this morning, senior party figures were predicting the prime minister would struggle to hold his government together.
With no majority in Greek Parliament - Nothing gets passes as banks go stone cold broke.
Nothing will pass Greek parliament on Wednesday or this week since there will be no clear cut majority to rule on the final days of Greece.
Labour Minister Panos Skourletis said on Monday the measures of the forthcoming deal plan are not viable," he said. "They will not pass parliament and further there would be a snap election this year". Watch world markets sell off going into Wednesday know Greece will approve NOTHING.
especially oversold stocks like Alibaba that are set to reverse and climb as more Chinese consumers use the internet to buy Everything.
Never thought I'd get Baba shares at $78 a pop. The stock is grossly oversold and if China stock market stabilizes BABA could be over $100 a share in the flash of an eye. Next quarterly report should be very good as Baba projects higher earnings and increased revenue.