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3 cheers for all your work Gaz. Excellent stuff!
Yep the 440Tr is the pink elephant in the room and that is what will trigger the final collapse imho. The big question is 'when?'

I'm thinking that it could well happen this year. We've had our false dawn in 2008 and everyone has been lulled back to sleep. Jim Rickards seems to think that the Fed will openly change their decision of 'tapering' around September to stay within the annual cycle of stocks rising at that time of the year.

When ever it may be, what to expect is anyone's guess. Like you've explained yesterday, different levels of reaction, depending on how long it lasts and how little food is around.

The big difference between this and all the other previous times is that it is completely global, on every single continent. They really have done it this time. Not to mention, how to get out of this?
That makes for a different post altogether no doubt at a later stage.

Morning Gaz, Snurks,

Looks like the bank template for bail ins has been agreed overnight - for the eurozone.

http://www.reuters.com/article/2013/06/27/us-eu-banks-idUSBRE95Q02L20130627

So in this order this is who loses:

Shareholders & creditors
Depositors with 100k +
Euros 500bn fund
Governments & taxpayers

So needless to say I willnever buy another bank share (not that I had any since the Barcs crash)

Looks like tptb do not want the general public to bear the brunt - now how long before the UK follows said template?

And what happens to pension funds who hold bank stocks?

We already have a similar law Squirrel, made and agreed on awhile back.
See Co-operative back debacle

As for pension pots holding these stocks.... they get hammered!
Maybe best to get a pension fund who deals with Pharma's only :-)

Lol - out of my hands. I don't think mine deal with banks.

Best to keep savings to a minimal amount.

Good.

Shall continue with my coin collection.

Pine posted this over the other side this morning:-

http://debka.com/article/23073/Russia-evacuates-Tartus-also-military-diplomatic-personnel-from-Syria-High-war-alert-in-Israel

Lmao.

I see you have been preeching on the Arian Silver thread

squirrel888 27 Jun'13 - 10:22 - 37969 of 37978 0 2
It is more concerning to see the UK digress into a quagmire of negativity & fratching. It deserves to have 1930's reset where everyone gets a big slap in their arrogant, self-rightious faces & start to learn to be hunble, show humility and re-learn to be humane.

The hypocrisy of your behaviour is fooling no one whenever you hear an opinion that doesn't align with yours. So pleased you have squelched me because you're nauseatingly arrogant and self righteous yourself...

Suggest you take a leaf out of your own book

Snurkle - yes that derivative level - especially the interest rate swaps is a very big ticking Kaboomer
- Italy's problems apparently stem from the days of complying with EU limits ets
- and guess what...SachsOFgold set up some "get round the rules" deferment derivatives (which are coming home to roost - hence expected need of a bailout - later this year0
- AND JUST FOR FUN - gues who was head of the Italian Central Bank....at the time
- yes - non other than (super Mario) Draghi...himself
- definite candidate for the Ken Livingstone - on a lampost a day until they get it right....treatment.

Squirrel - looking at that pecking order of Cyprus template shafting
- added to their 97.5% of "Total" liabilities - can be - bailed in
- I doubt after they have stolen most if not all the depositor, uninsured funds, they will not need the "ficticious" - EU bailout fund
(After all it is only iou/promises backing the fund - and they are given by the EU nations - the majority of which are already insolvent or in fact receiving bailouts themselves)
- and if the fund did have any funds & had to pay out....who picks up the tab ? - ...taxpayers
- smoke and mirrors illusion and deception.

good 54 page analysis - lots of charts - which paint ...thousand word pictures etc

(NB click the "X".... in the blue band at the bottom... - to close the blue bar - it then gives you access to the bottom scroll arrow....to move down the pages :o)

In GOLD We TRUST 2013 - Incrementum Extended Version

Nice one gaz.

Although I like this thread, from now on I will post most of my links and bits on the other side. It's crawling with rude newbies who are in dire need of education :-)

Joking aside, I don't want to double up posts on 2 blogs, but would like to reach as many other people as I can.

Snurkle - cheers

Re the
"would like to reach as many other people as I can"

The one thing I have learned in the last 12m

- is - all bar a handful of posters on ADVFN - most don't actually read what's posted
- and of those that do - even less... actually read ..the linked info
(How many - people post something you, yourself have posted..previously :o)

The other "proof of the pudding" in the last couple of months
- I posted that the T's were being crossed and I's dotted - by the B of E re putting the Cyprus "Template" here in the UK - since way back in....2011
(seemingly went uncommented on and un-noticed....as you might say)

Exactly the same - when I brought up the info from the Financial Stability Board - on progress in rolling out the template...globally,.. cross border, even for the T>B to fails, markets generally, insurance Co's etc

The evidence that - The Royal Society, Prime Ministers office and Gov't itself
-massively suppressed "The fact GMO's caused cancer, birth defects, sterility etc"
- discovered by "its own" - funded research
- suprisingly - gained... zilch notice either.

Hence, once "that penny dropped" the amount I posted over there was substantially reducing
- and the non active links (unless "white listed") - plus the ...no graphics/charts etc,( for non subsciption paying posters), was ultimately...just the icing on the cake as they say.

Much better facilities over here - but most regulars appear to have hung in there with whats left of, the skeleton, of the previously excellent advfn board, and as you imply
- not many moneyam members seen to be interested in "joining in" over here either :o)

But there's little point in "flogging a dead horse" here...or there,
- tho' great while it lasted.

And of course - a big thanks to...... squirrel
- for all the effort she put in ....in giving the alternative a whirl.

I know what you're saying and you are correct, but there are also a lot of lurkers who do read our stuff and who do seem to be interested in our opinions, articles etc.

I'll keep my eye on this thread and no doubt will seek refuge here when the battery of rude newbies get in my tits.

Gaz - you do yourself a terrible disservice; there are some of us who post rarely but follow both comments and links that the likes of you and the much trolled Peter barnes have posted over a long period. As some-one who hasnt got much time for searching innumerable sites for "nuggets" I really appreciate the efforts of those who do.
The alternative view perceived and posted by people like yourself is invaluable and would be sorely missed by a legion of lurkers like myself.(on both sites).
Please keep up the good work.

Glyn, I concur :-)

gaz,

I hope you will keep posting, either here or the other place, and I think you are mistaken when you say that people don't read your stuff. I look forward to your posts and read most of the links you provide, but it takes me all my time to digest and fully understand some of these articles, and I've always felt that any comment was for people much better informed than me.

I think it was you that put up the 'Cancer - The Forbidden Cures' link which I very much appreciated and I have pointed very many people in the direction of that clip.

Similarly, the info on colloidal silver was an absolute revelation to me, I had never heard of it and read loads after you brought it to the attention of the thread. I ended up buying a generator and distiller and making my own colloidal silver.

The silver and gold threads have been the sources of my real education and consequently are the places where I now seek reliable information, and there must be very many like me, so please don't think that your efforts are not appreciated and to no avail.

Many thanks.

mabel

I rarely post .
Interested in both the gold and silver thread on the other side originally but now reading moneyam as well.
I do like the gazkaz snurkle squirrel lemain peter barnes posts.
The gazkaz posts on tptb on health security etc issues I always read and even raise many of these with others .

So I will continue to follow and thanks for all the effort.

Don't throw your dummy out of the pram gaz, everyone reads your posts!

Glyn, Mabel TalkT, Snurkle
- many thanks for your appreciation. Your kind words have made my day.

I never thought there may be a non vocal element on the board, and sometimes it occasionally feels as though I am, effectively, - talking to myself.

So whatever your thoughts, please stick your TwoPenneth in.
It's as valid as anyone elses, until we get the benefit of the - glorious 20/20 hindsight.
- I have always found, if I say something and it literally gets shot down (hopefully eloquently or at least..politely) - in flames
- that I learn something from that process that..I otherwise wouldn't have
(and as it's an anonymous board...it's even better - as pride doesn't have to take it ,,,publicly on the chin either :o)

As over here there aren't the - post nothing themselves, but jump in and whinge about - off topics little flock of moaners.

- then it leaves the field wide open as to - silver related, economy
...or anything at all to do with the big picture....or the really big big picture of life.
(after all there is only so much - you can say purely on "just & only" silver).

So if you think it's interesting, please just speak your mind,
- or if you come accross something, that you weren't aware of - it might help enlighten me or someone else too.
- so put a few words of what and why, or copy and paste a salient part (or more)
or go for a whole essay, or rant
- any moaners - ignore them, engage them in debate, or politely ask them to
- put up something interesting or, return...from whence they came :o).

The more "stuff" there is on the board - the more me, or someone else gains in finding....how "it all" ticks and fits together

So lets give it a go, and see.... how it goes
(any other readers only - just say hi if you wish)

PS - Snurkle
- if you come across any of the groundshakers/BigBig hitters you come accross - if you have time just put a link over hers (wouldn't like to overlook those)

MaxK - lol - not the intention
(the sense of seemingly talking to yourself is, or at least imo - should be disconcerting)
- thanks for the vote.
(NB - you are on my speed read scan radar - stop & read list too).

Perhaps this end of the week depiction
- "could" signal a coming turning point

"In the know money" - on the move ?
- heading for the exits on - fixed rates (Int rate rises expected to ...speed up ?)
- or/and..... coupled with.... big equity fund outflows
- smart money ....heading for the bunkers ?

Bond Funds saw
- a massive $23bn of redepmtions in the latest week
- a record in absolute terms.
- The outflows were .....across every segment of the fixed..... income market
- are second only (in %of AUM) ......to the capitulative collapse that occurred after the October 2008 plunges
- and over 4 weeks ....an unprecedented..... $58bn of outflows.

All of this is providiung fodder for the mainstream media (and several hopeful strategists) that ......the great rotation
- 'must' have started.

However, as BofAML notes, there were .....$13.1 billion of outflows
- from equity funds (including $6.7 billion from pure long-only funds)
- the most since late April.
- It appears the money that ....has been 'rotated'... into stocks.... from money-market funds
- has merely .........reverted back into these.... safe-havens
- another reason why the powers that be .......would like to drastically reduce the access to these liquidity-sapping investment vehicles
- to keep the sheep..... in risk assets.
zh

From time to time it is necessary ......to quietly sit down
- and assess where we are going.

Sovereign revenues cannot, by any stretch of the imagination, support the imbedded costs of countries.
But investors of the world are in another reality altogether.
- They do not want to hear anything about these sorts of things.
- They are in the state of, "ignore and deplore."
- And - You can indeed - live there for a while.
- After all - Government induced fantasies have occupied the center stage before and for some time.
- But - Our current denial of reality..... is fueled by all of the money that the central banks have pumped into the world; but that...... will be diminishing as the Fed and others examine the longer term consequences of their actions.

- There are always consequences.
- What has been put off ......will arrive.

It was always....... just a matter of time.