The World Market

Anyone else been following the world market.

China pulling out of Europe and Investing in Africa.(The only continent that wont be unstable in a crash, mainly because it cant get any shittier there)

Gold and Silver prices crashing after remaining stable for last year.

Greece is the Hindenburg and the rest of Europe is right behind it.

Then comes the United States parties drawing towards far right and far left.


I'm not a pessimist, but I can read.

Investors are buying real commodities not futures as the U.S. market is based on. Oil prices dropping also

year consumption change
1980 59,928.84 NA
1981 58,013.31 -3.20 %
1982 56,722.96 -2.22 %
1983 56,002.25 -1.27 %
1984 57,075.78 1.92 %
1985 57,377.88 0.53 %
1986 58,979.14 2.79 %
1987 60,363.82 2.35 %
1988 62,249.45 3.12 %
1989 63,478.19 1.97 %
1990 63,849.71 0.59 %
1991 66,955.40 4.86 %
1992 67,137.59 0.27 %
1993 67,569.16 0.64 %
1994 68,890.91 1.96 %
1995 70,096.50 1.75 %
1996 71,686.80 2.27 %
1997 73,447.96 2.46 %
1998 74,102.60 0.89 %
1999 75,865.10 2.38 %
2000 76,778.52 1.20 %
2001 77,505.88 0.95 %
2002 78,159.38 0.84 %
2003 79,706.36 1.98 %
2004 82,555.28 3.57 %
2005 84,084.66 1.85 %
2006 85,130.52 1.24 %
2007 85,803.09 0.79 %
2008 85,433.89 -0.43 %
2009 84,574.45 -1.01 %
2010 86,952.47 2.81 %
We are using more oil than in 2007 peak and yet the price is lower?

more refineries possibly

If that's your answer you don't understand how the market works.

The market is based off of futures contracts.

Contracts are sold by mining companies to sell production before it is mined. best way to explain it and these contracts are bought and sold by companies like JP Morgan.

This is how prices are obtained. Not really based on supply and demand. Although it slightly does.

Gotta respect the chinese though, they work damn hard!

year consumption change
1980 59,928.84 NA
1981 58,013.31 -3.20 %
1982 56,722.96 -2.22 %
1983 56,002.25 -1.27 %
1984 57,075.78 1.92 %
1985 57,377.88 0.53 %
1986 58,979.14 2.79 %
1987 60,363.82 2.35 %
1988 62,249.45 3.12 %
1989 63,478.19 1.97 %
1990 63,849.71 0.59 %
1991 66,955.40 4.86 %
1992 67,137.59 0.27 %
1993 67,569.16 0.64 %
1994 68,890.91 1.96 %
1995 70,096.50 1.75 %
1996 71,686.80 2.27 %
1997 73,447.96 2.46 %
1998 74,102.60 0.89 %
1999 75,865.10 2.38 %
2000 76,778.52 1.20 %
2001 77,505.88 0.95 %
2002 78,159.38 0.84 %
2003 79,706.36 1.98 %
2004 82,555.28 3.57 %
2005 84,084.66 1.85 %
2006 85,130.52 1.24 %
2007 85,803.09 0.79 %
2008 85,433.89 -0.43 %
2009 84,574.45 -1.01 %
2010 86,952.47 2.81 %
We are using more oil than in 2007 peak and yet the price is lower?

Click to expand...

We could be consuming more because we're refining it and shipping it to other countries.

mark my words... africa is the next "major land-grab resource"... and all the "superpowers" know this, and are working at ways to take the most advantage of it...

and sadly they will eventually do whatever they want to do... to "clear out the undesirables"...

i can only hope that good people wont let it happen...

Dam all that work to find a diagram that shows what i am saying. it's interactive so click on the different names.
http://www.bbc.co.uk/news/business-15748696

In EUR

US debt
UK : 834 Billion
Germany : 414 Billion
Japan: 835 Billion
France: 440 Billion
Spain : 170 Billion

UK debt
US: 578 Billion
Germany: 379 Billion
Japan : 122 Billion
France : 209 Billion
Spain: 316 Billion
Ireland : 113 Billion


Germany debt
US: 174 Billion
UK: 141 Billion
Japan : 108 Billion
France : 205 Billion
Italy : 202 Billion

Japan debt
US: 244 Billion
UK: 101 Billion
Germany: 42 Billion
France : 107 Billion

France debt
US: 202 Billion
UK: 227 Billion
Germany: 123 Billion
Japan : 79 Billion
Italy : 37 Billion


Spain debt
US: 49 Billion
UK: 74 Billion
Germany: 131 Billion
Japan : 20 Billion
France : 112 Billion
Portugal : 19 Billion
Italy : 22.3 Billion

Italy debt
US: 34 Billion
UK: 54 Billion
Germany: 120 Billion
Japan : 32 Billion
France : 309 Billion
Spain : 29.5 Billion

Greece debt
US: 6 Billion
UK: 9 Billion
Germany: 15 Billion
France : 41 Billion
Portugal : 7 Billion
Italy : 2 Billion

From this you can see if Greece collapses it will have a domino effect.

France will take the blow from Greece. Spain and Italy are also in economic trouble.
If Spain gets in trouble the blow is shared between France and Germany , but France also supports Germany. If Italy fails France will again take the blow and now Germany borrowed money from Italy that it attained from France. You can see France is pretty much fucked. When France starts to crumbles it now gets passed along to the UK & US.

It's confusing because everyone owes everyone magic money that never existed.

cant find a clip of it, but if you have seen the southpark episode of margaritaville where kyle stands up and tells the people that "without faith" its just plastic cards and paper money...

and there's a good point as well... "faith" or "religion" or belief in what isnt real... like believing in today's currency... is what drives the "money market" its the behaviour of "superstitious belief" that drives the debt higher and higher till it "stinks up" whatever "heaven" you believe in...

so basically... stupid shit happens when stoopid bankers "create" "faith based currency" and "faith based markets"... thus sayeth daffy duck...

just sayin...

This time I'm really worried.

Just think if we re-elect obama our debt will be 25 trillion by the end of his second term. That's what worries me fuck all the other countries.

debt doesnt even matter at this point, we cant go further in debt if no one is willing to loan.

Everyone and their brother is willing to loan to the United States of America. You must not pay attention to bond auctions. Or world demand for safe investments. Or capital market liquidity.

The best way you can describe a futures contract is company's like JPMorgan buy them? Are you serious? The futures market is there to help miners, farmers, refineries, grain storage, and processors hedge risk.

The futures market provides a set regulated price that you have to pay for said commodity. If there was no futures market, you would buy commodites on a forwards contract also known as an OTC market. You could buy an oz of silver for 2 completely diffrent prices in diffrent parts of the country. Without a futures market, there is no price basis.

I suggest more research before eluding to ridiculous statements.

My speculation on the EU crisis is there will be a point where debt will just be written off. The IMF will pump money into the banks to cover loses. And the rest from there will be up to the markets disposal. Things will get interesting if "syriza" takes control in Greece in June..

Johnny Retro said:

Everyone and their brother is willing to loan to the United States of America. You must not pay attention to bond auctions. Or world demand for safe investments. Or capital market liquidity.

The best way you can describe a futures contract is company's like JPMorgan buy them? Are you serious? The futures market is there to help miners, farmers, refineries, grain storage, and processors hedge risk.

The futures market provides a set regulated price that you have to pay for said commodity. If there was no futures market, you would buy commodites on a forwards contract also known as an OTC market. You could buy an oz of silver for 2 completely diffrent prices in diffrent parts of the country. Without a futures market, there is no price basis.



I suggest more research before eluding to ridiculous statements.

Click to expand...

I understand how it works. I was explaining it in terms most people would understand.

It just has no basis on supply and demand when you sell a commodity that doesn't exist and buy and sell them for profit.

Seems like a big game to make a few bucks.

Futures contracts in the silver and gold markets are never intended to be filled orders, they are pieces of paper used to manipulate the prices of commodities and i think its a joke

I think this will end in isolationism with debt.

IF european countries forgive each others debts where does that leave the US in relation to foreign debt?