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Cesarnc's market talk, gossips, rumours & fun

  • #26,121
  • Apr 20, 2012 1:45pm Apr 20, 2012 1:45pm
Quoting smikester
Sometimes the wine thing must be done: This week the lovely Chilean Carmenere, 5 years old. Mmm. Then a bit of Cotes du Rhone. Not many Canadian wines though.
i'll have to follow your posts much closer because all i can afford is the $11 per lol..........i like your picks love cotes du rhone......canadian wine is not really wine. i think it is apple juice labelled as wine

am i mad? absolutely, so you have company at least
  • #26,122
  • Apr 20, 2012 1:48pm Apr 20, 2012 1:48pm
Spend our way back to recovery? That is the plan, is it not?
Thus, we are in recovery in much the way Dr. Frankenstein’s re-made monster from the grave was “in recovery”—a warped, artificially created man-beast with some attributes of humanity, but lacking the soul of a real human being.
We are experiencing is a Bernankenstein economy.

http://www.absolutewealth.com/bernankenstein-economy/
The Chonchy
  • #26,123
  • Apr 20, 2012 1:48pm Apr 20, 2012 1:48pm
Before I make any more specific posts I am liking the Electrobikes Chonchy. I really think you have something there. I don't think they can fail. (Unless they are rubbish). In a recession, people will want them. In a boom, people will want them to show how green they are. I have a friend who bought one but it's not as funky as your range. I think you could start a electrobiker fashion. I want a EB 007.
Gone to a better place
  • #26,124
  • Apr 20, 2012 1:49pm Apr 20, 2012 1:49pm
Quoting roro53
i'll have to follow your posts much closer because all i can afford is the $11 per lol..........i like your picks love cotes du rhone......canadian wine is not really wine. i think it is apple juice labelled as wine

am i mad? absolutely, so you have company at least

pics? where? of chileans carmeneres, where? are they any good in bed?
The Chonchy
  • #26,125
  • Apr 20, 2012 1:53pm Apr 20, 2012 1:53pm
Quoting roro53
i'll have to follow your posts much closer because all i can afford is the $11 per lol..........i like your picks love cotes du rhone......canadian wine is not really wine. i think it is apple juice labelled as wine

am i mad? absolutely, so you have company at least
now wait a minute there, this is fxhermit's own collection ok, and he saids is good........


http://exnihilovineyards.com/icewineRiesling.php

http://exnihilovineyards.com/images/...neRiesling.jpg
The Chonchy
  • #26,126
  • Apr 20, 2012 1:55pm Apr 20, 2012 1:55pm
ice wine?..isn't that white on ice stirred not shaken


Quoting chonchy
now wait a minute there, this is fxhermit's own collection ok, and he saids is good........


http://exnihilovineyards.com/icewineRiesling.php

http://exnihilovineyards.com/images/...neRiesling.jpg
  • #26,127
  • Apr 20, 2012 1:56pm Apr 20, 2012 1:56pm
Quoting smikester
Before I make any more specific posts I am liking the Electrobikes Chonchy. I really think you have something there. I don't think they can fail. (Unless they are rubbish). In a recession, people will want them. In a boom, people will want them to show how green they are. I have a friend who bought one but it's not as funky as your range. I think you could start a electrobiker fashion. I want a EB 007.

.......done, give me an address and it will be on your way......courtesy of your majesty secret service, with 45condor signuture on it, from russia with love, I mean from china, lol .......oh man this cavernet saouviñon is making a dent on me allready.....
The Chonchy
  • #26,128
  • Apr 20, 2012 1:59pm Apr 20, 2012 1:59pm
........Oh Chillean carmenere wines.......

http://www.klwines.com/images/skus/1031566x.jpg

.........I thought you were talking about this ........

http://acidcow.com/pics/20091125/sex...n_girls_01.jpg

http://acidcow.com/girls/5707-sexy-b...e-76-pics.html
The Chonchy
  • #26,129
  • Apr 20, 2012 2:00pm Apr 20, 2012 2:00pm
...........they got good wines tho, forget the women no.........

http://acidcow.com/pics/20091125/sex...n_girls_02.jpg

http://acidcow.com/pics/20091125/sex...n_girls_04.jpg
The Chonchy
  • #26,130
  • Apr 20, 2012 2:03pm Apr 20, 2012 2:03pm
...........I mean you have to like their carmeneres........

http://acidcow.com/pics/20091125/sex...n_girls_16.jpg

http://acidcow.com/pics/20091125/sex...n_girls_20.jpg
The Chonchy
  • #26,131
  • Apr 20, 2012 2:05pm Apr 20, 2012 2:05pm
..........No, defenetly I'm going to chile to check the carmenere wines man, see you guys later........

http://acidcow.com/pics/20091125/sex...n_girls_41.jpg

http://acidcow.com/pics/20091125/sex...n_girls_43.jpg
The Chonchy
  • #26,132
  • Apr 20, 2012 2:09pm Apr 20, 2012 2:09pm
........Oh man this is good, I like it, when you guys finish with the women, read this please........

It’s alive!
The economy is alive, but it is not living as we normally think of it…
To be fair, monetary policies tend to have a delayed impact on the economy. But after three years, it’s fair to say that QE1, 2, and Operation Twist have not led to full recovery.
But they have led to higher stock market prices, higher gold prices, and higher oil prices.
How have these price increases affected the macro economy?

http://www.absolutewealth.com/bernankenstein-economy/
The Chonchy
  • #26,133
  • Apr 20, 2012 2:13pm Apr 20, 2012 2:13pm
roro will love to heard this........

Let’s take a look at stocks, first.
When the Dow crashed all the way down to 6,500 in March of 2009, much of the retail investor appetite went away. A large portion of the buy and hold investors just couldn’t take the risk anymore. Housing prices had fallen, and the economy was in recession.
Buying the market was a low priority. To a large extent, that hasn’t changed.
American businesses reacted to the crisis by laying off workers by the bushel and moving more of their operations abroad.
That was profitable. Labor costs fell and output fell, while inventories lasted longer. The injection of capital from the Fed went right into the markets, reviving stock prices and keeping money flowing into US firms.
The QE money also fed business-to-business demand. Thus, firms did business with one another and less retail business, and they did it with higher levels of offshore labor. So the easy Fed money revived lagging businesses by improving their balance sheets, profits, and stock prices.
Hiring, though it has picked up, is less than you’d think because not all jobs cut three years ago are still available in the US. They’ve gone away. Some may come back as income levels in the US and the value of the dollar continues to fall, while labor/manufacturing costs and political risks in offshore markets rise.
The Chonchy
  • #26,134
  • Apr 20, 2012 2:17pm Apr 20, 2012 2:17pm
........I wonder if the feds are buying gold or the elite with all this printed money, so then who will end up with all the gold?...........food for thoughts.......


Gold tarnished?
Now, to gold.
If you look at a chart of gold prices and quantitative easing, you would see that gold prices rise as the Fed’s QE money supply rises. This is due to the debasing of the dollar from adding trillions into the world markets the past three years. And, at the same time as the Fed’s QE policy, the Euro crisis arose. This led to a drop in the value of the euro, so uncertainty rose as well. This muted the effect of QE in terms of the value of the dollar—it strengthened relative to the euro.
By the fall of 2011, gold had risen to around $1,900 an ounce. Since then it has fallen from its high to around $1,660 an ounce. Why?
One big reason is that even though the dollar is debased, it is still relatively strong vis-à-vis the euro. Also, the US economy has shown some level of “recovery,” as noted above. Both of these factors cause gold to fall. Of course, there are other factors for gold prices falling. They include lower demand from places like China and India. And when interest rates go up, as they must sooner or later, gold may well drop further. The current price drop is not directly related to the Fed’s actions, but indirectly so.
But the price of oil is directly related.
The Chonchy
  • #26,135
  • Apr 20, 2012 2:20pm Apr 20, 2012 2:20pm
........Now I started to post news and everybody goes away, come on guys.........well here is some more......don't go.......

http://acidcow.com/pics/20091125/sex...n_girls_54.jpg

http://acidcow.com/pics/20091125/sex...n_girls_56.jpg
The Chonchy
  • #26,136
  • Apr 20, 2012 2:35pm Apr 20, 2012 2:35pm
..........In deed, this is true, but what is the solution? no more feds? no more QE's and how do we go about money with no factories, no job and no capital, I think we are in deep pupu here......

Oil prices staying higher
As I have said many times before, the Fed’s QE policies have devalued the US dollar. Oil is bought with dollars on the world market. A devalued dollar means that it takes more of them to buy oil. How many more? Oil prices are about 75% higher than they were before quantitative easing. Most of that price rise is due to dollar devaluation. That is one area where the Fed’s policies have not lagged in their effect.
Higher oil prices have an effect on other prices, like food, so they are inflationary. But, the direct effect on the economy is less than you might think. The psychological effect on consumers, who also happen to be the electorate, is much greater. That’s because food and fuel prices hit people in their wallets every day.
Commodity prices in general have gone up, again, due largely to a devalued dollar. Inflation (especially what can be called psychological inflation) therefore, is greater than what the Fed thinks it is.
The very loose money has had a powerful effect on commodity prices, corporate balance sheets, and the stock market. The overall economy looks better than it did. A Bernankenstein economy looks stronger on paper than it really is because it’s “a paper money recovery” for only part of the economy…
The Chonchy
  • #26,137
  • Apr 20, 2012 2:40pm Apr 20, 2012 2:40pm
Because the reality is this: falling labor wages combined with 9%+ unemployment and higher food and fuel prices are not what real economic recoveries are made of.

..........in deed, so true......but.......
The Chonchy
  • #26,138
  • Apr 20, 2012 2:41pm Apr 20, 2012 2:41pm
......no mather what happens, I will always love page 1743, lol.......
The Chonchy
  • #26,139
  • Apr 20, 2012 2:42pm Apr 20, 2012 2:42pm
http://acidcow.com/pics/20091125/sex...n_girls_57.jpg

http://acidcow.com/pics/20091125/sex...n_girls_58.jpg

http://acidcow.com/uploads/fotos/foto_3315.gif
The Chonchy
  • #26,140
  • Apr 20, 2012 2:54pm Apr 20, 2012 2:54pm
Quoting chonchy
<LI class=cat-post-item>Oil Games

The 2012 summer Olympic Games in London are just around the corner and a new sporting event will be featured this time around… It’s called the “oil sprint” and involves all the usual suspects and a few new
http://www.absolutewealth.com/oil-games/
The Oil Games link is very disturbing. I keep hearing about the murder in Beijing of a British businessman and don't understand it but maybe the truth will out in due course. I remember the Falklands war and I also remember the rumours around then about oil being found near the Falklands. Quite dodgy.
Gone to a better place
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