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  • US Senate fiscal negotiations suspended

    From talking-forex.com

    US Senate fiscal negotitaions suspended until House Republicans work out plan to proceed on debt limit and government funding according to Senator Durbin

Good,good,everything goes according to PA
what do you mean?
  •  Guest
  • | IP XX.XXX.254.106
They must know by now that any increase in debt ceiling of 17trillion would be financial suicide. That’s about $200,000.00 per US citizen.
I cannot see anybody confirming these news either on Bloomberg or reuters...
Quoting Johnfxpips
what do you mean?
Open euro/usd 4h,you will see it droped well today until 1.34827 then failed to go lower (see 1h rejections) Big player came in again and now taking the price higher.
Sometimes,they are forced to trade against themselfs in order to get better prices and their orders filled (not like our tiny standart lots,we're talking about billions here)

Just my thought.
Quoting Johnfxpips
what do you mean?

Meaning the default is here...until President Obama issues One trillion dollars coin to stop it (no US president has done it before but he needs to do it); if he can't then get out of stocks if you have one, no heroes here just protect your money..CHF is going to fly...
There is always a price for promises you don't keep!
  •  Guest
  • | IP XXX.XXX.159.54
It will be resolved . I am 6 billion % sure.

US debt ceiling will be raised and government re-opened on or day after 10/17.


Bet on market going up immediately after 10/17 . The only way is the buffet way
Quoting Guest
It will be resolved . I am 6 billion % sure.

US debt ceiling will be raised and government re-opened on or day after 10/17.


Bet on market going up immediately after 10/17 . The only way is the buffet way
As I mentioned before the story above it is not confirmed.....Let us see how this develops
lol......stocks rally is over
Senator Durbin and Senator Feinstein both democrats are making these comments. It seems like Democrats are trying to add pressure
  •  Guest
  • | IP XX.XXX.161.50
sure lets see what happens next
ping-pong.... ping-pong....
Hehehe carry on....
Ping pong used to be my favourite game in my childhood....
how up u see the market now????
look 4h..morning star on eu and engulf on gu !!..what u think..bros
Say something meaningful or Silence!!
  •  Guest
  • | IP XXX.X.131.138
My profit also suspended ..
How to trade on this event?
  •  Guest
  • | IP XXX.XX.71.139
Quoting frx_trader
How to trade on this event?
Very simple - buy or sell. But if you have no idea what you are doing- stay away.
  •  Guest
  • | IP XXX.XXX.203.78
thinking of going long platinum, spreads are crappy, but hey it's a long term investment. in fact I think the U.S. needs three "trillion dollar platinum coins" to pay off it's debt. at face value I worked that those coins are gonna be helluva big, maybe too big to store at fort knox. platinum spot price now USD 44,400.18 per kilogram. and a couple of mickey mouse countries hold about 80% of the world's platinum reserves. it's not like gold.


"If the debt ceiling were lifted, the Treasury could use borrowing to buy the coin back from the Fed and return it to the Mint to be melted."

http://en.wikipedia.org/wiki/Trillion_dollar_coin
Buy gold above 1294
buy silver above 21.55
both should give close above these levels in
daily chart
sheety I always closely watch your levels but today gold rally fully support by senate news what you look gold tommoror?
  •  Guest
  • | IP XXX.XXX.185.39
Quoting sheety
Buy gold above 1294
buy silver above 21.55
both should give close above these levels in
daily chart

no no.. no this bad. no buy. buy finish. now cheapsale season. all sell big. very big

gold 1125 silver 16.50 now sell make money. buy die. i so many time here posting correct. again today correct sure 10000%
  •  Guest
  • | IP XX.XXX.52.118
Of course that they suspend negotiations : it's left 24 hours before the greatest economic disaster ever made, they have all the time ! lol
guest
XXX.XXX.185.39

asadleo

i also belive that gold will fall till 1000$ but now time changed
better follow trend , dont be sentiment on your tgt
market dont have mercy boss just follow the trend if cross my levels dont be remain short
or else just chk my past posts
we given gold sell at 1680 tgt was 1300 met the tgt
Hi sheety,

very surprised you didnt make sell call....as i knew you first one in this forum that said gold will go to 1200 when gold at 1600.....
It's all a trap to lure people to buy gold and gold then subsequently weakened to 1200
So all the craps they been saying past few days about solution is within sight just to make stocks rally.
Quoting Guest
They must know by now that any increase in debt ceiling of 17trillion would be financial suicide. That’s about $200,000.00 per US citizen.
Ofcourse they know that in the long term. But they are not interested in long term, just short term.

Following the logic of increasing the limit to 17 trillion...why not just increase it to 100 trillion. Then this would not be a re occuring issue.

But no one would suggest 100 trillion because of the obvious fact that it could never be repaid, yet somehow increasing it each year is acceptable.

Similar logic is used to increase the minimum wage, again just increase that to $50 hr...but they will not because that damage would be felt in a more immediate time frame.

Live with in the budget today, or have a much worse outcome later.

The politicians will push the problem off for another day.
add more debt, then create inflation to decrease debt value

problem solved
  •  Guest
  • | IP XX.XXX.110.4
Time to resort to buying all yen crosses. That is where I will suspend the Lawmakers!
It's plain to see our fearless leaders are not smarter than a 5th grader.
Quoting Gwan
add more debt, then create inflation to decrease debt value

problem solved


Not a bad idea to bypass the economic problem :-)
Trade with Patience
Quoting dpaulinla
It's plain to see our fearless leaders are not smarter than a 5th grader.
Unless that fifth grader happens to be American.
With that kind of financial liabilities and unavoidable worldwide obligations, looks like they have no choice but to raise the debt ceiling, and no more talking of tapering for the next few years......

http://www.bbc.co.uk/news/world-us-canada-24543581
Just issue
Quoting elekboy
Hi sheety,

very surprised you didnt make sell call....as i knew you first one in this forum that said gold will go to 1200 when gold at 1600.....
market dont have mercy brother we should follow market we should not fight wit market
s i stil say gold will touch 1180$
and possible of below 1000$ also
but it will take a time i feel
but once gold should touch some high levels
if gives close above 1295 remember my words 1480 possible any day so careful or else dont trade
from last 2 month i not did even one single trade so waitng for perfect direction
if gives close above 1295 i will buy gold for tgt 1480
Quoting classy
look 4h..morning star on eu and engulf on gu !!..what u think..bros
i told you earlier so just try believe your chart.....
Say something meaningful or Silence!!
sorry, u are just betting on history, forex is not a history lesson. buy EU , sry to debt ceiling crap out there.
Quoting Gwan
add more debt, then create inflation to decrease debt value

problem solved
yes, that is their intention. always remember money makers make the market for themselves, they dont really care about having bad rating or so , things can be adjusted after , rating can be reverted it is not end of the world, dont jump on the bandwagon because everyone thinks so.
not selling now. and too late lol
gold
the fall is not over yet
gold

more to come still not fall over.
  • New Comment
  •  Guest
  • | IP XX.XX.9.174
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  • Story Stats
  • Posted: Oct 15, 2013 2:25pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 41  /  Views: 11,923