sell! sell! sell!

[tiznow]

Here's where all the ez money/debt flowing.. Fluffing as usual.. Party on!!!.. Also yet another example of the rigged markets as usual.. Markets front ran this like crazy..

Between BofA, Citi, JPMorgan, and all the other big banks, announced buybacks amounting to dozens of billion have sent US equity futures spiking after hours.

• Bank of America Authorizes $5b Buyback; Boosts Div to 7.5c-Share
• Citigroup Plans $8.6b Buyback; Lifts Qtr Div to 16c From 5c
• JPMorgan Chase Plans $10.6b Buyback, Maintains qtr Div at 48c/shr
• Morgan Stanley Sets Buyback of Up to $3.5b, Boosts Div. to 20c
• Goldman Sachs plans buybacks of stock, boosts quarterly dividend
• American Express Plans $3.3b Buyback, Div. Boost to 32c-Share
• Huntington Bancshares to Boost Qtr Div. to 8c From 7c/Shr
• SunTrust to Lift Dividend 8% Starting 3Q, Sets $960m Repurchase
• U.S. Bancorp to Buy Back $2.6b of Shares, Boosts Div. by 9.8%
• Zions Bancorp Plans to Boost Dividend, Buyback
• Ally Financial announces inaugural dividend of 8c/share, buyback of up to $700m of stock
• M&T Bank Plans Max. $1.15b Buyback; Dividend Raised By Up to 5c
• PNC Plans Share Buybacks Up to $2b, Raise Qtr Div. to 55c/shr
• BNY Mellon Plans $2.7b Buyback, Boosts Dividend
• Northern Trust to Buy Back $275m; Boosts Dividend to 38c Vs 36c
• State Street to Buy Up to $1.4b; Boosts Dividend to 38c Vs 34c
• Bank of New York plans to buy back $2.14b in shares, boost dividend by 12%
• Citizens Finl Group Plans Quarterly Div. 12c/Share, Est. 12c
• BNY Mellon Plans $2.7b Buyback, Boosts Dividend by ~12% to 19c from 17c
• Banco Bilbao Vizcaya Plan Includes Common Dividends of $120m
• KeyCorp Plans to Evaluate Qtr Div. Boost to 9.5c/Shr, Est. 8.5c
• Discover Financial to Buy Back Up to $1.95b of Stock, Boost Div. to 30s/shr from 28c.

 

[eek.]

Read between the lines Tiz.

FTSE 100 up 3.5% today? golly gosh, that's amazing iniit?

Unless of course the whole fucking ballgame is rigged.

Never underestimate your adversary or they'll sucker punch you son

 

[eek.]

...EU has a "secret" meeting about Brexit
...FTSE goes up 3.5%

uh.... Duh

Us peasants may not know for months what really happened either.

Didn't take them long though. did it?

Uh.... duh

On Friday the world is doomed... on Tuesday it's business as usual...

Uh.... duh

 

[eek.]

[h=1]Donald Tusk: Brexit could destroy Western political civilisation[/h]
uh... duh

http://www.bbc.co.uk/news/uk-politics-eu-referendum-36515680

 

[eek.]

As you go through life eventually you will realise that the world is run by wankers

Even the Bible missed that one... maybe because they wrote it

Once you realise that wankers run the world then it really starts to make more sense.

 

[eek.]

[h=1]Brexit: Obama warns on global growth after UK vote[/h]
http://www.bbc.co.uk/news/world-europe-36669530

 

[eek.]

With TPP and TTIP about to be signed off this Brexit thing is a real PITA

 

[eek.]

Things are looking great from the EU end

EU Trade Commissioner: No trade talks until full Brexit

http://www.bbc.co.uk/news/uk-politics-eu-referendum-36678222

But not so good at the UK end, May was a "remain" and is a blind obedience to orders bureaucrat, totally useless for what lies ahead
Gove and Fox are the only "proper" leave candidates in a 5 horse race
Ken Clarke is a total EU supporter, so Gove looks like our best hope

Tory leadership: Ken Clarke urges Michael Gove to quit


http://www.bbc.co.uk/news/uk-politics-36679741

 

[eek.]

It's going to be one heck of a bitchfight, the status quo whores really are on the back foot

 

[tiznow]

Silver starting to really break out.. Opening of Shanghai exchange making it tougher for west to suppress gold/silver... When physical demand is huge...

 

[tiznow]

Global markets pretty much back to where they were pre brexit (we'll vote we'll see what actually happens)...Other than currency stuff.. Gold/silver up..

What now? as we continue to chop sideways for two years now.. Every time some event or data for weakness last few years.. Western central bankers promise to sprinkle everything with fairy dust and it comes roaring back... Regardless of insane equity valuations continuing to move even further into overvalued territory

 

[tiznow]

Ftse green since brexit..

 

[HuskerFan1]

i a soooo happy i kept buying over the last few years, when i collapsed, i never sold and oz and just kept buying little by little.


i actually got back into svmlf today for a small position bc the stock was flat and silver was up almost 7%

 

[tiznow]

Long time no see husker

my top miner choice got down to near 60 cents at the bottom was insane..

4+ bagger so far for those lucky enough to buy at the bottom..

should keep plowing forward so long as gold/silver does their production will really be ramping up in coming years great management (rarity in gold miner world)

 

[tiznow]

Oops.. Btg my top choice

 

[PatsFan1283]

Tesla car crashes on autopilot and kills some dude, that is rough

Going to set them back a bit. Was surprised the market gave that news the finger. Their software likely isn't as good as the other companies and any head start they enjoyed is over.

 

[tiznow]

Orlando, Istanbul, Bangladesh, Baghdad.. In a few weeks time

the bush/neocon post 9/11 reaction legacy of destabilization by sticking out nose where it don't belong rolls on..

 

[tiznow]

Tesla car crashes on autopilot and kills some dude, that is rough

Going to set them back a bit. Was surprised the market gave that news the finger. Their software likely isn't as good as the other companies and any head start they enjoyed is over.

Nah just problem with autonomous in general.. Never gonna be perfect and will be situations it fails.. Like a white truck with a bright background pulling out in front of a car going at high speeds.. Didn't detect..

driver had had way too much trust in it too at this early stage of development ... Was reportedly watching movie when it happened..

 

[tiznow]

That said autonomous failure/error rates will be much lower than humans as a whole.. Just the issue of humans need to control/accept their own fate.. Harder to stomach when a machine kills somebody.. Than when that somebody does something stupid to kill themselves...

1.3 million killed.. 20-50 million permanently injured/disabled per year globally...

 

[PatsFan1283]

Nah just problem with autonomous in general.. Never gonna be perfect and will be situations it fails.. Like a white truck with a bright background pulling out in front of a car going at high speeds.. Didn't detect..

driver had had way too much trust in it too at this early stage of development ... Was reportedly watching movie when it happened..

It wasn't just a problem with autonomous in general though. It was a problem with a Tesla car being on autopilot, you can't just say that is just part of the risk of autonomous.

Their camera wasn't good enough to locate a white truck? How is it going to accurately locate pedestrians 100% of the time? It should be able to spot a truck like that from like a thousand feet away. I doubt the cars that the other companies put on the road would have that issue since they're not nearly as aggressive in pushing the envelope as Tesla.

Will be interesting to see the NHTSA reaction to this. We'll see.