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Re: 08/07/2012 Live Update
Posted: Tue Aug 07, 2012 7:46 pm
by xfradnex
Not trading Related..............You enter "Marvin Hamlicsh Dies" into Yahoo and you find out Yahoo, Amazon, and NexTag want to sell his body and some other company want you to call him.
Re: 08/07/2012 Live Update
Posted: Tue Aug 07, 2012 8:23 pm
by xfradnex
Euro zone leader says that Greece leaving Euro would be managable.
http://www.telegraph.co.uk/finance/econ ... ncker.html. It sounds like they have plans.
Re: 08/07/2012 Live Update
Posted: Tue Aug 07, 2012 8:34 pm
by xfradnex
It looks like Greece will need 3 Billion on Aug 20 to pay for some maturing Bonds. "Athens faces a 3.2 billion euro bond maturity on Aug. 20. The bond is held by the European Central Bank."
http://www.cnbc.com/id/48548525 Today they got 1 billion of it
http://news.yahoo.com/greek-borrowing-c ... nance.html.
Re: 08/07/2012 Live Update
Posted: Tue Aug 07, 2012 10:14 pm
by xfradnex
Re: 08/07/2012 Live Update
Posted: Tue Aug 07, 2012 10:29 pm
by xfradnex
Soybean yield expected down 17% from average.
http://www.zerohedge.com/news/3rd-worst ... her-spikes. From what I can see in the fields, the crop is half the size of last year's (2011 was below avg). So the Soybean yield should be worse than down 17%. We had significant rain today. I will check if they will recover, but were browning yesterday. The corn is finished (dry) at half the size of last year.