Stocks // Current TV

'Reverse Bonus Checks' Drain Wall Street Bank Accounts

New York -- The global economic crisis has finally caught up with the Wall Street... more

mbalton
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1 month ago
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Thai Floods May Prompt Water Futures Trading

Thailand may start trading of water derivatives, giving investors a means of hedging against disasters after the nation’s worst floods in almost 70 years, the Securities & Exchange Commission said.

The regulator is studying the possibility of introducing contracts whose value would be linked to rainfall, or the level of water in the nation’s major dams, said Vorapol Socatiyanurak, who started as secretary-general of the SEC in October. He declined to say when trading might begin.

The total face value of global weather-related derivatives grew by 20 percent between 2010 and 2011 to $11.8 billion, according to a May 20 report by the Washington DC-based Weather Risk Management Association. Demand growth was seen in contracts related to rainfall, snow, hurricanes and wind from industries such as agriculture, construction and transport, it said.

The majority of weather contracts are traded on the Chicago Mercantile Exchange. (CME) CME snow contracts, for example, are based on the exchange’s Snowfall Index, a measure of average monthly snowfall in certain U.S. cities. Traders “determine what amount of snowfall would be detrimental to their businesses and take futures or options positions based on that,” the exchange said on its website.

The risk for Thai water derivatives “would be a lack of trading liquidity,” said Joe Vongkitbuncha, head of equity and structured derivatives at Asia Plus Securities Pcl, the nation’s third-biggest stock brokerage by market value. Still, the contracts may be useful to big conglomerates, whose supply chains and manufacturing “rely heavily” on business continuity, and to agricultural businesses, he said.

more at link...

This is all part of Al Gore's Global Climate Scam. These eco-fascists are trading CO2, they're trading H20...they're even trading snow and it has nothing to do with saving the environment or helping people. Its about controlling, taxing and trading every resource on Earth, consolidating power and installing their New World Order/One World Government.Thailand may start trading of water derivatives, giving investors a means of hedging... more

rodstradamus
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1 month ago
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If we'd only bought Apple and Google and gold instead of our 401k ...

What people want Cenk to discuss - consistently 'how banksters have destroyed... more

donburnham
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2 months ago
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Congress:Trading stock on inside information?

"I was watching this tonight and found this video worth sharing!!! Seems, that... more

KB723
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3 months ago
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115 comments

Retirement Heist: How Wall Street Stole Your Pension (VIDEO)

“They’ve managed to take the retirement plans for millions of people... more

StewSteve
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4 months ago
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0 comments

Rally in stocks, euro fades as debt crisis drags

European stock index futures fell and the euro dipped on Wednesday, as investors... more

aileenalmeda
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5 months ago
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0 comments

Manly Men Unleashed!

Men acting all piratey...and manly, of course.... more

jmarkred
added this
5 months ago
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22 comments

Could a Cyber Attack Shut Down the Stock Exchange?

The system is potentially vulnerable to attacks that would have great consequences to... more

Paisano1
added this
6 months ago
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4 comments

Financial turmoil evokes 2008 comparison

It feels eerily familiar: Stocks are plummeting. The economy is slowing. Politicians... more

sitsi
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6 months ago
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0 comments

The Wounded Stock Market, the Political Abandonment Of The Working Class, And The Rise Of The Planet Of The Apes.

U.S. stock market down this week, 500+ points today. . . How does the deficit deal... more

mfb1949
added this
6 months ago
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0 comments

Super Frat: Green Makes Green

Mistah Sh*t watches the inevitable result of legalized weed.

TonyDiGerolamo
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6 months ago
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Market Crash Predicted /Stealth Stocks Free Report

Dennis Slothower specializes in using technical analysis to help understand the... more

figgdimension
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8 months ago
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1 comment

Stock Prices Have Fallen For Six Weeks In A Row

Well, it's official. U.S. stock prices have fallen for six weeks in a row. So... more

Revelation1217
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8 months ago
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0 comments

Debt worries hits euro and stocks; government debt, gold up

Renewed worries in the euro-zone over the weekend pulled the euro down to a record low... more

remyric
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9 months ago
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0 comments

S & P Debt Warning Sends Stocks Tumbling

Standard and Poor's debt warning to the United States took it's toll on Wall... more

letsliveinpeace
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10 months ago
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2 comments

Ex-Goldman Sachs Analyst: “Major War” Coming End Of 2012

When cycle forecaster Charles Nenner told the Fox Business network yesterday that the Dow Jones was set to collapse to the 5,000 level on the back of a “major war” that will shake the globe at the end of 2012, hosts David Asman and Elizabeth MacDonald sat in stunned silence.
Nenner, a former technical analyst for Goldman Sachs, is head of the Charles Nenner Research Center, which purports to be able to predict market trends with a computer program based around pattern forecasting and securities analysis. Nenner predicted the stock market and housing collapse over two years before the fall of Lehman Brothers.
Nenner predicts that the Dow is heading down to just 5,000, a gargantuan drop given that it now hovers above the 12,000 level and only sunk as deep as 6,547 during the lowest ebb of the economic collapse in March 2009.
On the back of this forecast, Nenner has advised his clients to vacate the market almost entirely.
“I told my clients and pension funds and big firms and hedge funds to almost go out of the market, almost totally out of the market,” said Nenner, saying that the collapse will unfold over the course of a couple of months and that the reversal will come when the Dow hits just above the 13000 level.
What could prompt such a dramatic fall? An oil shock that could be kick-started by Friday’s “day of rage” protests in Saudi Arabia or something else?
According to Nenner, who studies war and peace cycles, the collapse will be initiated by “a major war starting at the end of 2012 to 2013,” a startling claim to which the host David Asman merely responded, “wow”.
Excuse me? A financial strategist who has been deadly accurate in the past and has just told all his clients to get out of the market predicts a “major war” that will lead to a stock market collapse and the best Asman can come up with is “wow”?
Since the hosts failed to follow up on Nenner’s astounding statement, who this war will be between and how it will start is anyone’s guess, but it seems inevitable that its roots will be in the current unrest we see spreading like wildfire across North African and the Middle East.

http://www.youtube.com/watch?v=7vcTm4XE4EAWhen cycle forecaster Charles Nenner told the Fox Business network yesterday that the... more

im1mjrpain
added this
11 months ago
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2 comments

Playboy to go private again

Hugh Hefner, who launched the legendary Playboy magazine in 1953 and converted it into... more

Alstom
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1 year ago
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0 comments

Guys SUCK at Business

( I paraphrase ) Perfect Marriage | Estrogen for Testosterone in Wall Street Anne... more

remanns
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1 year ago
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2 comments

UEC Uranium Energy Corp. (AMEX) Uranium Energy Corp. (Public, AMEX:UEC) in The Stock Market Today!

UEC interview with CNN UEC, (AMEX: UEC). In this interview UEC reveals why the stock... more

kennswalk
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1 year ago
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Modern-day slavery: horror fishing for Europe

Shocking evidence of conditions akin to slavery on trawlers that provide fish for... more

worrg
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1 year ago
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