1. Same story, different day...........year ie more of the same fiat floods the world
    Dismiss Notice
  2. There are no markets
    Dismiss Notice
  3. Week of 6/24/2017 Closing prices & Chg Over Last Wk---- Gold $1256.40 Silver $16.64 Oil $43.01 USD $96.94
  4. "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"
    Dismiss Notice

HY Credit Stress...The Shemittah Effect???

Discussion in 'Historic Market Crashes' started by BarnacleBob, Sep 29, 2014.



  1. BarnacleBob

    BarnacleBob GIM Founding Member & Mod. Founding Member Site Mgr Site Supporter

    Joined:
    Oct 15, 2012
    Messages:
    8,576
    Likes Received:
    9,682
    Trophy Points:
    113
    Gender:
    Male
    Location:
    Ten-Oh-Cee
    "All financial/economic crashes & collapses originate in the credit markets"

    From ZH:

    It appears the post-PIMCO-effect is not wearing off. Having had a weekend to soak up the reality of what outflows will mean for Gross' old shop, credit markets are once again flashing bright red this morning as managers reach for protection ahead of expected redemptions which would force selling into an illiquid market.

    http://www.zerohedge.com/news/2014-09-29/stocks-tumble-high-yield-credit-risk-spikes-1-year-highs

    Watch the Credit Markets carefully.... Weakness will induce margin calls across all sectors of the markets as credit withdraws and/or demands higher collateral components due to risk!

    The big ? today is where will the big players seek refuge & safe harbor when they are confronted by the coming storm front & a major capitulation? As most traditional safe havens are no longer safe due to the central planners previous & ongoing policies.....




    [​IMG]


    [​IMG]
     
    Ragnarok and <SLV> like this.
  2. BarnacleBob

    BarnacleBob GIM Founding Member & Mod. Founding Member Site Mgr Site Supporter

    Joined:
    Oct 15, 2012
    Messages:
    8,576
    Likes Received:
    9,682
    Trophy Points:
    113
    Gender:
    Male
    Location:
    Ten-Oh-Cee
    GET READY: BIBLICAL 'SHEMITAH' BEGINS THIS WEEK

    "For instance, the five greatest economic crashes of the last 40 years – 1973, 1980, 1987, 2001 and 2008 – all occurred in Shemitah years – those God set apart as Sabbath years.

    As he pointed out in his earlier book, in "2001 and 2008 they coincided precisely with the exact end of the Shemitah year on the Hebrew calendar day of Elul 29.

    http://mobile.wnd.com/2014/09/get-ready-shemitah-begins-this-week/
     
    birddog and Ragnarok like this.
  3. BarnacleBob

    BarnacleBob GIM Founding Member & Mod. Founding Member Site Mgr Site Supporter

    Joined:
    Oct 15, 2012
    Messages:
    8,576
    Likes Received:
    9,682
    Trophy Points:
    113
    Gender:
    Male
    Location:
    Ten-Oh-Cee
    Seen this???

    'Bond King' Bill Gross quits Pimco for Janus

    http://mobile.reuters.com/article/idUSKCN0HL1DJ20140926?irpc=932

    Hmmmm.... wonder whats really going on at PIMCO, as Goss was a co-founder of this organization... Is this a sign that a possible Top in bonds has arrived, or has there been or is there some skeletons about to emerge from PIMCO's closet???
     
  4. birddog

    birddog Gold Member Gold Chaser

    Joined:
    Feb 28, 2011
    Messages:
    2,359
    Likes Received:
    2,495
    Trophy Points:
    113
    I just got the book - haven't had a second to read it yet.
     

Share This Page