and China market buying gold hand over fist. Time to go long gold boys with Ukraine, Middle East crisis roaring as the Fed says "Patient" will be with us for quite a while.
She is a Dove to the Max and now says she is in No Hurry to raise rates. The word "Patient" is locked in for several months and if we see Ukraine crisis grow, China Bubble Pop or Israel - Iran tango Gold explodes higher. Good time to go long Gold since its at 7 week low bur turning higher today.
Russia economy now running on fumes but Putin puts ranks take over of Ukraine higher then Russian economy going into "great depression". When you have a "crazy" leader hell bent on taking over half of Europe, you know all of Russia will soon be broke and living off energy payments from China energy deal.,
Pick your poison, but Volatility is coming back faster then the bull can spell "Correction".
or for bulls because the longer the meeting goes means there are significant difference between parties that will never be resolved or the short term or the long term for that matter. Obviously if everyone was on the same page the meeting would of been over will hours ago, so more finger pointing, more threats and Boom - so long Greece.
Game over boys - Greece officially enter Default Land tomorrow.
Greece has vowed to reject any demands for further austerity at a last-ditch meeting with eurozone creditors on Friday, even though the country risks running out of money by next week without a deal. Yanis Varoufakis, the Greek finance minister, said there can be no agreement if the EMU creditor powers continue to insist that Greece sticks to the terms of its EU-IMF Troika bail-out and increase its primary budget surplus from 1.5pc to 4.5pc of GDP by next year.
its turns out its a Bridge to No Where. Or a more likely better choice of words is "A Bridge to a Bottomless Pit Of Greek IOU's that Greece Will Never Pay Back". Only a fool lends money to a Wolf in Sheep's clothing.
and tomorrow they fall through and head to frozen default land. Bulls here can't handle a Greece meltdown but its going to happen because Germany play by the book and the Greek's play by the IOU's.
German Finance Minister Wolfgang Schaeuble to Greece - No Way - You can't have your cake and eat it too”
Especially if Germany bakes the cake and you don't pay for it. Let them eat flat bread and move on.
because its a long boat ride to Cyprus where you might just find cheap counterfeit Euros to barter with. Varoufakis thinks he can bluff his way into a new deal to tear up Billions of Euros in IOU's and in return get Billion of free cash from who ever. Its all a circus now as investors wait for the final act - which will be Greece defaulting and going their own sad way.
Dude - Greece asked for 10 billion and only got 3.4. Furthermore Greece said a new bail out offer was coming Wednesday then changed it to Thursday. It takes a while for new Prime Minister to sign a blank piece of paper. Lastly, ECB threw some money Greece way because the country's banks are broke. Can't have bank runs - when Greek banks have empty vaults.
I know Zynga CEO said 7 to 10 new games coming out this year but games are they actually and anyone know the release dates? I'll invest in this company if I can see new games coming out with actual roll out dates but I'm hesitate to hold long term if company can't meat target release dates. So give me some hope here - and tell me (DATES) Zynga says they will produce the GOODS.
From what CEO said and what I'm hearing Banks (large and small) are signing up Feye for cyber security protection like there is no tomorrow. If you think this last quarter was good just wait for next one. We will see record sales, revenue and extremely strong forward guidance. Feye set to double summer, if not sooner.
Thinking $46 open and $48 close. We take out $50 tomorrow since Feye is now the "hot" Cyber Security Protection company to own and go long. Not too many cyber security company still under $50 a share and Feye is the only one that could double over the next few months. Even without a takeover move.
and more buys and strong buys recommendations will come in this month, as target prices raised to $60 plus. Stock now moving way higher in premarket, which tells you investors want in.
But can the Greek government really get a quick vote on Friday by all Greek citizens to see if they stay with debt deal with European banks or junk it and go their own way. Hard to believe the Greek Prime Minister thinks he can get a nationwide vote in three days.
Greece's government has called for a vote to scrap its austerity programme on Friday, the same day that the eurozone has declared a deadline for it to seek an extension to its bailout. Greek Prime Minister Alexis Tsipras has called for parliament to vote on social reform bills that go against the terms of the austerity programme.
"We will not succumb to psychological blackmail," said Mr Tsipras.
Question now is which of the two takes down the Eiffel Tower and the London Bridge? I'm putting my money on Greece since it will take Putin another six months or so get back all of Ukraine, Baltic States, Poland, etc. while Greece will be gone by the end of the month.
I wouldn't call them walking. Just plain "dead" since no one wants to go long spy into a Greece Train Wreck. Greece news is now on all the business channels and its not presenting a "good" picture. No just the opposite is scary the hell out of Europe and U.S. markets. And things will only get worse as we move forward.
The ball’s in your court, Eurozone tells Athens. Return it by Friday or else. What ball? Athens says. Another fraught meeting between Greece and its creditors ended in deadlock Monday, with the euro zone giving Athens an ultimatum to say by Friday what it will do to keep its bailout deal alive, and Greece continuing to insist that it wants the hated agreement torn up, but failing to present any acceptable alternative.
Looks like a 200 plus point drop today but come Friday I think we will see the DOW down 500 plus points as Greece backed into a corner, pulls out its sword and commits seppuku. But not before laughing and saying "Germany you will never see a repayment of the hundred of billions of Euros you loaned up". Their now gone for good.