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The Rabbit Hole

  • #4,461
  • Jun 7, 2017 1:59am Jun 7, 2017 1:59am
Quoting jarhead
Folks, I'm out of here. Don't mind a good fight but I refuse to participate when leftist bastards can say anything they wish and we aren't allowed to respond. Watched That coward lowlife mingary go in behind me and get me red-lined. Didn't have the IQ to respond, obviously. Have thoroughly enjoyed the friendships here and wish you Brits the best with your upcoming election, Brexit and removing the murderous hoard from your shores. Jim
Jim, Mingary got CoCd too. Take a good break, have some shit beer and we'll see you back! Watch us beat these bastards tomorrow!

And Doc's back.
  • #4,462
  • Jun 7, 2017 2:45am Jun 7, 2017 2:45am
Quoting jen101
{quote} Jim, Mingary got CoCd too. Take a good break, have some shit beer and we'll see you back! Watch us beat these bastards tomorrow! And Doc's back.
I second that Jim And of course no choice with the beer for you poor souls across the pond

Edit: I know it's cruel to make fun of your shit beer, hope you not offended !!! My old man has always said "There isn't any bad beer just some better than others"
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #4,463
  • Jun 7, 2017 2:50am Jun 7, 2017 2:50am
Yep they trying to start war with Iran - buy gold.

https://www.youtube.com/watch?v=8MMxMhj2eZA
Nothing strengthens authority so much as silence
  • #4,464
  • Jun 7, 2017 3:04am Jun 7, 2017 3:04am
https://www.youtube.com/watch?v=mxew1fGuWIQ
Nothing strengthens authority so much as silence
  • #4,465
  • Jun 7, 2017 3:07am Jun 7, 2017 3:07am
Looks like Corby about to give Dough Brain Abbott the elbow.


https://youtu.be/1P6OOo1TVlw
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #4,466
  • Jun 7, 2017 3:10am Jun 7, 2017 3:10am
https://www.theguardian.com/world/2017/jun/06/paris-police-shoot-man-who-attacked-officer-outside-notre-dame-cathedral
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #4,467
  • Jun 7, 2017 3:22am Jun 7, 2017 3:22am
Quoting jarhead
How long Doc B on time out chair??
Well, if you were in on any of the pairs that I entered then you would be in the money now. Gold, AUD/JPY, and EURO/JPY. AUD/JPY is more of a longer term trade strategy that I will hold for a few weeks. Reason being, if keeps getting rejected at the recently established resistance level, then I can see further downside happening. Besides if anybody sold at the time I posted those charts, you would have already made money on the daily. Also yesterdays closing of the EURO/JPY below 123.60 confirms more downside movement. I am selling more!
  • #4,468
  • Jun 7, 2017 3:30am Jun 7, 2017 3:30am
Think this is taking feminism and gender equality a bit too far.

Transgendered Boy With Mustache Destroyed Every Girl At The CT Track Meet (http://12160.info/photo/transgendered-boy-with-mustache-destroyed-every-girl-at-the-ct?context=user)
Nothing strengthens authority so much as silence
  • #4,469
  • Jun 7, 2017 3:32am Jun 7, 2017 3:32am
D-Day! June 6 was yesterday. Remembering those who sacrificed so we can enjoy the freedoms we have today!

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I will never forget the greatest generation! Peace!
  • #4,470
  • Jun 7, 2017 3:43am Jun 7, 2017 3:43am
Quoting DrManhatten
D-Day! June 6 was yesterday. Remembering those who sacrificed so we can enjoy the freedoms we have today! {image} {image} {image} {image} I will never forget the greatest generation! Peace!
Powerful photos.
  • #4,471
  • Jun 7, 2017 4:05am Jun 7, 2017 4:05am
Quoting Magog
{quote} Exactly so. Meaning they will find it more difficult to keep borrowing at same pace - or in other words its unsustainable But isn't a lot of current debt short expiry anyway that needs to be rolled over (at higher rates?)
You would be right if there were a large amount of debt rolling over, and maybe there is for the shorter holdings, the rate on that debt would increase with every roll over. I can't find a reputable source (i.e. from the government) which says debt is rolled over in that way though, but it seems likely that if there is a large amount of short term debt in any year they would be rolling some of it over.

The US government tends to structure it debts over a range of maturities so as to spread the cost of the debt over 30 year cycle. The deficit the US runs is more important than the debt accumulated
  • #4,472
  • Jun 7, 2017 4:06am Jun 7, 2017 4:06am
TACTICAL VOTING GUIDE

To keep Corbyn out, if you are in a marginal

http://www.dailymail.co.uk/news/article-4578758/The-Mail-s-essential-tactical-voting-guide.html

Share
  • #4,473
  • Jun 7, 2017 4:11am Jun 7, 2017 4:11am
Quoting Magog
{quote} Exactly so. Meaning they will find it more difficult to keep borrowing at same pace - or in other words its unsustainable But isn't a lot of current debt short expiry anyway that needs to be rolled over (at higher rates?)
The rate on bonds is determined at auction time, so not necessarily linked to the FOMC deposit rate, or whatever.

However the FED does not have to 'sell' its bonds, it merely redeems them at the appropriate time exactly because (I believe) they have bought short-dated bonds. They were bought in the secondary market, and that means that banks and others will lose a ready buyer for the debt they hold. Eventually the market-acceptable bond coupon will rise toward the FOMC rate but I expect the 10yr bonds to start showing a rise first. The 10yr rate has lifted a little but it does not reflect an expectation that longer-term the FOMC rate will be significant.

The same is going to happen with the BoE. Currently the BoE is rolling-over its holdings by buying new paper with the money they get when the short-dated bonds come up for redemption. The BoE is also using coupon income to buy more bonds ... at least I think that is what the MC said last time I was paying attention. I have been trying to get my head around what actually will happen to the banks and other bond-sellers when the BoE starts to reduce its holdings. I guess the Treasury will smile broadly...

I also expect the man in the street will suffer, like always.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #4,474
  • Jun 7, 2017 4:38am Jun 7, 2017 4:38am
Quoting DrManhatten
D-Day! June 6 was yesterday. Remembering those who sacrificed so we can enjoy the freedoms we have today! {image} {image} {image} {image} I will never forget the greatest generation! Peace!
Never forget
  • #4,475
  • Jun 7, 2017 4:38am Jun 7, 2017 4:38am
Quoting verv
TACTICAL VOTING GUIDE To keep Corbyn out, if you are in a marginal http://www.dailymail.co.uk/news/article-4578758/The-Mail-s-essential-tactical-voting-guide.html Share

https://www.screencast.com/t/prelKreHGh5Q
  • #4,476
  • Jun 7, 2017 4:40am Jun 7, 2017 4:40am
Quoting Devauxt
{quote}
Attached Image (click to enlarge)
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Holy shit lol.

Why isn't this a Conservative poster?
  • #4,477
  • Jun 7, 2017 4:44am Jun 7, 2017 4:44am
Quoting verv
{quote} Holy shit lol. Why isn't this a Conservative poster? {image}
No idea, and all this in a time of austerity. What could be achieved in a thriving and prosperous economy, out of the EU and Corbyn kicked into touch. Spread the word
  • #4,478
  • Jun 7, 2017 4:49am Jun 7, 2017 4:49am
Quoting Devauxt
{quote} No idea, and all this in a time of austerity. Spread the word
Bottom right box on Conservatives needs a £ sign - if you made that
  • #4,479
  • Jun 7, 2017 4:53am Jun 7, 2017 4:53am
Quoting Devauxt
... Socialism is the philosophy of failure, the creed of ignorance and the gospel of envy. Churchill ...
Does that make supporting the Labour Party a contravention of the Tenth Commandment?
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #4,480
  • Jun 7, 2017 4:55am Jun 7, 2017 4:55am
[quote=verv;9951515]{quote} You would be right if there were a large amount of debt rolling over, and maybe there is for the shorter holdings, the rate on that debt would increase with every roll over. I can't find a reputable source (i.e. from the government) which says debt is rolled over in that way though, but it seems likely that if there is a large amount of short term debt in any year they would be rolling some of it over. The US government tends to structure it debts over a range of maturities so as to spread the cost of the debt over 30 year cycle. The deficit the US runs is more important than the debt accumulated[/quote]

Reputable government source - isn't that an oxymoron LOL

Isn't some of the defecit funded by more borrowing tho.

Must admit I'm on dodgy ground here - don't really understand how this stuff works
Nothing strengthens authority so much as silence
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