Pandemic threat-level market indicators

[gsgs]

Re: Pandemic threat-level market indicators

"ACM.L",189.75,"9/23/2008","11:35am",+0.75,189.00,189.75,189.00,327756
"AEMD.OB",0.21,"4/24/2009","1:56pm",0.00,0.21,0.22,0.205,64875
"ALNY",16.90,"4/24/2009","2:38pm",+0.56,16.50,17.33,16.50,152487
"AMAR.OB",0.07,"4/24/2009","2:26pm",0.00,0.08,0.08,0.07,29300
"AVII",0.8888,"4/24/2009","2:37pm",+0.1489,0.731,0.93,0.731,371520
"BCRX",2.0999,"4/24/2009","2:38pm",+0.3499,1.75,2.14,1.73,228037
"BDSI",4.73,"4/24/2009","2:24pm",-0.10,4.85,4.8501,4.69,45788
"BPAX",1.86,"4/24/2009","1:39pm",-0.13,1.95,1.9699,1.86,10991
"BTA.AX",0.870,"4/24/2009","2:10am",-0.035,0.915,0.920,0.860,556544
"CBIA.PK",2.80,"4/2/2009","10:34am",0.00,N/A,N/A,N/A,0
"CBMX",8.09,"4/24/2009","2:11pm",-0.01,8.09,8.09,8.01,1650
"CLDX",7.88,"4/24/2009","2:17pm",+0.16,7.81,8.00,7.71,8944
"CPHD",8.24,"4/24/2009","2:38pm",+1.45,7.52,8.47,6.93,2178093
"CRXL",18.89,"4/24/2009","2:31pm",+0.14,18.94,19.04,18.75,52253
"CSL.AX",32.490,"4/24/2009","2:10am",+0.740,32.080,32.890,32.010,3438580
"D4S.DE",15.29,"2/26/2009","8:27am",-0.01,15.29,15.29,15.29,352
"DSII.OB",0.00,"N/A","N/A",N/A,N/A,N/A,N/A,N/A
"EFSF.OB",0.00,"N/A","9:36pm",N/A,N/A,N/A,N/A,N/A
"ENCO",0.21,"4/24/2009","1:52pm",-0.03,0.22,0.22,0.20,15100
"GILD",45.80,"4/24/2009","2:38pm",-0.10,46.03,46.12,45.52,3941498
"GNBT",0.3108,"4/24/2009","2:37pm",+0.0408,0.27,0.33,0.26,3309613
"GNVC",0.6301,"4/24/2009","2:34pm",+0.0102,0.62,0.64,0.60,192523
"HEB",0.55,"4/24/2009","2:37pm",+0.07,0.49,0.58,0.4601,543348
"IOMI",0.00,"N/A","N/A",0.00,N/A,N/A,N/A,0
"LIFE",30.61,"4/24/2009","2:38pm",+0.11,30.44,30.91,30.06,2523534
"LMNX",15.42,"4/24/2009","2:37pm",+0.28,15.25,15.45,15.05,474993
"MRNA",0.7897,"4/24/2009","2:32pm",+0.0096,0.785,0.8069,0.785,22470
"NNVC.OB",0.80,"4/24/2009","2:37pm",+0.12,0.68,0.80,0.68,172030
"NVAX",1.1301,"4/24/2009","2:37pm",+0.3201,0.81,1.21,0.81,696739
"OMRI",0.00,"N/A","N/A",N/A,N/A,N/A,N/A,N/A
"PDGI",0.00,"N/A","N/A",N/A,N/A,N/A,N/A,N/A
"PDH.F",2.32,"9/23/2008","3:24am",-0.01,2.32,2.32,2.32,80
"QDEL",8.155,"4/24/2009","2:38pm",-0.365,8.50,8.69,8.08,644047
"QIA.DE",11.54,"4/24/2009","11:35am",+0.01,11.35,11.63,11.29,1399926
"SVA",1.87,"4/24/2009","2:36pm",+0.17,1.77,1.87,1.77,51708
"TYA.F",5.21,"8/8/2008","3:05am",+0.09,5.21,5.21,5.21,4000
"VICL",2.4301,"4/24/2009","1:57pm",+0.0301,2.40,2.47,2.30,53743
"VXGN.OB",0.43,"4/24/2009","2:22pm",-0.01,0.43,0.43,0.43,1310

 

[gsgs]

Re: Pandemic threat-level market indicators

AVII,BCRX,CPHD,GNBT,HEB,NNVC.OB,NVAX,SVA significantly up
best NVAX with 40%

+4.9% in average today, if I made no mistake

 

[Binkerbear]

Re: Pandemic threat-level market indicators

gsgs - Thanks for staying on top of things. I've been gardening (vegetable gardening, as you might imagine) and I've been getting lazy on watching the markets !

I can only quibble slightly. NVAX is not up 40 % but an unbelievable "whopping" 75 % (up 61 cents to 1.42) and BCRX and AVII are up well over 20 %.

Major red flag or DOT (whatever that is). I'll get back on top of this but now I've got to get these vegetable seeds planted now more than ever. Then, I can sit back and watch CNBC !

Summary: Pandemic threat-level market indicators are flashing bright red.

Warning: Markets do overreact but people are betting with their sometimes hard-earned money.

Only two questions remain:

Who is John Galt ? (and) Where is GR ?

 

[gsgs]

Re: Pandemic threat-level market indicators

will someone please help to get updated prices for mortality bonds ?

 

[Binkerbear]

Re: Pandemic threat-level market indicators

Pre-market NVAX is up an additional 135 % over Friday's close. All the others are up big as well.

So now the indicators are even more alarming and indicating (to me anyway) that the real situation is much, much worse than what the media and Janet Napolitano are saying.

 

[gsgs]

Re: Pandemic threat-level market indicators

Biota (maker of Relenza) up another 87% to 1.58 , volume 17M

 

[gsgs]

Re: Pandemic threat-level market indicators

BCRX,NVAX up at ~3:40PM EDT

 

[gsgs]

Re: Pandemic threat-level market indicators

"ACM.L",189.75,"9/23/2008","11:35am",+0.75,189.00,189.75,189.00,327756
"AEMD.OB",0.23,"4/28/2009","3:59pm",-0.01,0.23,0.24,0.22,138722
"ALNY",17.33,"4/28/2009","3:59pm",+0.29,16.94,17.58,16.90,381538
"AMAR.OB",0.20,"4/28/2009","3:58pm",+0.055,0.17,0.21,0.15,996739
"AVII",0.98,"4/28/2009","3:59pm",-0.01,1.10,1.10,0.83,1977822
"BCRX",4.1852,"4/28/2009","3:59pm",+0.3052,4.50,4.73,3.85,5888100
"BDSI",4.21,"4/28/2009","3:59pm",-0.04,4.25,4.49,4.02,37660
"BPAX",2.12,"4/28/2009","3:59pm",+0.07,2.08,2.15,2.08,37519
"BTA.AX",1.495,"4/28/2009","2:11am",0.000,1.550,1.790,1.440,20515444
"CBIA.PK",2.61,"4/27/2009","12:47pm",0.00,N/A,N/A,N/A,0
"CBMX",8.13,"4/28/2009","3:54pm",-0.07,8.25,8.25,7.90,35210
"CLDX",8.5101,"4/28/2009","3:58pm",+0.7401,7.69,8.982,7.6101,64830
"CPHD",8.41,"4/28/2009","3:59pm",+0.18,8.16,8.71,8.16,1032661
"CRXL",20.75,"4/28/2009","3:59pm",+0.57,20.35,20.75,20.05,464685
"CSL.AX",33.150,"4/28/2009","2:11am",0.000,32.400,33.290,32.230,5120780
"D4S.DE",15.29,"2/26/2009","8:27am",-0.01,15.29,15.29,15.29,352
"DSII.OB",0.00,"N/A","N/A",N/A,N/A,N/A,N/A,N/A
"EFSF.OB",0.00,"N/A","N/A",N/A,N/A,N/A,N/A,N/A
"ENCO",0.20,"4/28/2009","3:51pm",0.00,0.20,0.24,0.182,99556
"GILD",47.52,"4/28/2009","3:59pm",-0.01,47.95,48.23,47.52,7165343
"GNBT",0.56,"4/28/2009","3:59pm",-0.05,0.70,0.70,0.46,29572152
"GNVC",0.6399,"4/28/2009","3:59pm",-0.0401,0.69,0.69,0.63,296444
"HEB",0.74,"4/28/2009","3:59pm",-0.07,0.87,0.90,0.62,3597455
"IOMI",0.00,"N/A","N/A",0.00,N/A,N/A,N/A,0
"LIFE",32.00,"4/28/2009","3:59pm",+1.19,30.70,32.55,30.48,4896829
"LMNX",16.13,"4/28/2009","3:59pm",+0.42,15.62,16.42,15.26,340101
"MRNA",0.7899,"4/28/2009","3:58pm",+0.0305,0.741,0.7899,0.74,42928
"NNVC.OB",0.88,"4/28/2009","3:58pm",-0.19,1.17,1.20,0.85,537093
"NVAX",3.18,"4/28/2009","3:59pm",+0.63,3.15,3.25,2.71,30142332
"OMRI",0.00,"N/A","3:-550pm",N/A,N/A,N/A,N/A,N/A
"PDGI",0.00,"N/A","7:-550pm",N/A,N/A,N/A,N/A,N/A
"PDH.F",2.32,"9/23/2008","3:24am",-0.01,2.32,2.32,2.32,80
"QDEL",9.88,"4/28/2009","3:59pm",-0.15,10.20,10.53,9.58,1431490
"QIA.DE",12.26,"4/28/2009","11:35am",+0.19,12.22,12.46,12.13,1763366
"SVA",2.68,"4/28/2009","3:58pm",-0.05,2.82,2.97,2.50,890035
"TYA.F",5.21,"8/8/2008","3:05am",+0.09,5.21,5.21,5.21,4000
"VICL",2.41,"4/28/2009","3:59pm",-0.29,2.90,2.90,2.32,466016
"VXGN.OB",0.43,"4/28/2009","2:44pm",-0.025,0.43,N/A,0.43,890

+1.3%(32) , Dow Jones = -0.1%

 

[gsgs]

Re: Pandemic threat-level market indicators

Vical says that it has already developed a prototype vaccine and proceeded to animal testing.
They assume that the preclinical study will be positive and is ready to initiate a human study
with the U.S. Navy. FV
http://www.google.com/finance?q=NASDAQ:VICL





"ACM.L",189.75,"9/23/2008","11:35am",+0.75,189.00,189.75,189.00,327756
"AEMD.OB",0.25,"5/21/2009","1:52pm",-0.01,0.26,0.26,0.23,35200
"ALNY",20.33,"5/21/2009","1:57pm",-0.28,20.30,20.64,19.97,178494
"AMAR.OB",0.155,"5/21/2009","12:48pm",0.00,0.155,0.155,0.13,4660
"AVII",1.0601,"5/21/2009","1:55pm",+0.0001,1.05,1.08,1.02,195126
"BCRX",3.74,"5/21/2009","1:56pm",+0.11,3.65,3.94,3.51,437479
"BDSI",5.60,"5/21/2009","1:54pm",+0.02,5.60,5.6599,5.52,100179
"BPAX",2.06,"5/21/2009","1:55pm",-0.04,2.10,2.10,2.01,13940
"BTA.AX",1.340,"5/21/2009","2:10am",+0.200,1.150,1.340,1.120,2483500
"CBIA.PK",2.85,"5/8/2009","12:17pm",0.00,N/A,N/A,N/A,0
"CBMX",7.49,"5/21/2009","1:22pm",+0.10,7.36,7.55,7.043,5695
"CLDX",7.81,"5/21/2009","1:53pm",-0.61,8.28,8.28,7.76,16782
"CPHD",9.57,"5/21/2009","1:57pm",-0.43,9.92,10.13,9.50,302211
"CRXL",22.11,"5/21/2009","1:57pm",-0.24,22.15,22.2328,21.89,68892
"CSL.AX",31.400,"5/21/2009","2:10am",+0.040,31.370,31.500,31.210,2641849
"D4S.DE",13.50,"5/19/2009","7:27am",-1.79,13.50,13.50,13.50,400
"DSII.OB",0.00,"N/A","N/A",N/A,N/A,N/A,N/A,N/A
"EFSF.OB",0.00,"N/A","N/A",N/A,N/A,N/A,N/A,N/A
"ENCO",0.22,"5/21/2009","12:52pm",+0.0025,0.22,0.22,0.22,123565
"GILD",42.46,"5/21/2009","1:57pm",+0.14,42.47,43.08,42.27,6197623
"GNBT",0.3516,"5/21/2009","1:57pm",-0.0184,0.38,0.38,0.35,2466706
"GNVC",0.6784,"5/21/2009","1:33pm",-0.0016,0.70,0.70,0.6705,126174
"HEB",1.57,"5/21/2009","1:56pm",-0.13,1.80,1.80,1.52,8131696
"IOMI",0.00,"N/A","N/A",0.00,N/A,N/A,N/A,0
"LIFE",36.78,"5/21/2009","1:57pm",-0.78,36.82,37.40,36.51,1010114
"LMNX",15.44,"5/21/2009","1:55pm",-0.32,15.56,15.67,15.30,125605
"MRNA",1.53,"5/21/2009","1:55pm",+0.01,1.52,1.59,1.40,245058
"NNVC.OB",0.61,"5/21/2009","1:25pm",-0.049,0.66,0.66,0.60,31220
"NVAX",1.83,"5/21/2009","1:57pm",-0.08,1.87,1.89,1.81,681452
"OMRI",0.00,"N/A","N/A",N/A,N/A,N/A,N/A,N/A
"PDGI",0.00,"N/A","N/A",N/A,N/A,N/A,N/A,N/A
"PDH.F",2.32,"9/23/2008","3:24am",-0.01,2.32,2.32,2.32,80
"QDEL",11.79,"5/21/2009","1:57pm",0.00,11.80,12.248,11.76,267087
"QIA.DE",11.85,"5/21/2009","11:35am",-0.32,12.05,12.15,11.81,341375
"SVA",2.40,"5/21/2009","1:50pm",+0.01,2.40,2.43,2.35,68709
"TYA.F",5.21,"8/8/2008","3:05am",+0.09,5.21,5.21,5.21,4000
"VICL",2.59,"5/21/2009","1:57pm",+0.39,2.55,2.95,2.46,3350361
"VXGN.OB",0.46,"5/21/2009","12:58pm",+0.01,0.47,0.47,0.45,211398

 

[gsgs]

Re: Pandemic threat-level market indicators

panflu shares 24.Apr. - 21.May
-------------------------------

HEB      ,0.55,    1.57
AMAR.OB  ,0.07,    0.155
MRNA     ,0.7897,  1.53
BCRX     ,2.0999,  3.74
NVAX     ,1.1301,  1.83
BTA.AX   ,0.870,   1.340
QDEL     ,8.155,   11.79
SVA      ,1.87,    2.40
ALNY     ,16.90,   20.33
LIFE     ,30.61,   36.78
AVII     ,0.8888,  1.0601
AEMD.OB  ,0.21,    0.25
BDSI     ,4.73,    5.60
CRXL     ,18.89,   22.11
CPHD     ,8.24,    9.57
GNBT     ,0.3108,  0.3516
BPAX     ,1.86,    2.06
GNVC     ,0.6301,  0.6784
VXGN.OB  ,0.43,    0.46
VICL     ,2.4301,  2.59
ENCO     ,0.21,    0.22
QIA.DE   ,11.54,   11.85
CBIA.PK  ,2.80,    2.85
LMNX     ,15.42,   15.44
TYA.F    ,5.21,    5.21
PDH.F    ,2.32,    2.32
ACM.L    ,189.75,  189.75
CLDX     ,7.88,    7.81
CSL.AX   ,32.490,  31.400
GILD     ,45.80,   42.46
CBMX     ,8.09,    7.49
D4S.DE   ,15.29,   13.50
NNVC.OB  ,0.80,    0.61

-----------------------------
+24% (33) 24.Apr. - 20.May


HEMISPHERX BIOPHARMA
Amarillo Biosciences Inc
MDRNA, Inc
BioCryst Pharmaceuticals, Inc
Novavax, Inc
BIOTA FPO

 

[gsgs]

Re: Pandemic threat-level market indicators

As a whole, the Swine Flu and Bird Flu Stocks Index is up by 7.7%. It is now ahead of the S&P 500 by 36.7% over the last month.


http://www.tickerspy.com/index/Swine-Flu-and-Bird-Flu-Stocks?refer=1932Y1



some messages from flu-companies:

http://finance.yahoo.com/news/Japans-Council-Awards-pz-15315803.html
http://www.reuters.com/article/marketsNews/idCAN1942192820090519?rpc=44
http://www.marketwatch.com/story/vaccine-makers-get-boost-from-flu-scare?siteid=yhoof
http://finance.yahoo.com/news/Swine-Flu-Index-Jumps-as-indie-15278945.html?.v=1
http://finance.yahoo.com/news/MDRNA-Reports-Its-Proprietary-iw-15287913.html
http://finance.yahoo.com/news/Amarillo-Biosciences-Issues-iw-15043262.html

 

[Binkerbear]

Re: Pandemic threat-level market indicators

Thanks, gsgs. Great analysis. :applause:

 

[Binkerbear]

Re: Pandemic threat-level market indicators

<style></style> Insurance giant bets on gold for first time in 152 years


<!-- begin content --> Submitted by cpowell on Tue, 2009-06-02 01:17. Section: Daily Dispatches But real gold or paper gold?
* * *
By Andrew Frye
Bloomberg News
Monday, June 1, 2009
http://www.bloomberg.com/apps/news?pid=email_en&sid=ajf0L9wTPq6Y
NEW YORK -- Northwestern Mutual Life Insurance Co., the third-largest U.S. life insurer by 2008 sales, has bought gold for the first time the company's 152-year history to hedge against further asset declines.
"Gold just seems to make sense. It's a store of value," Chief Executive Officer Edward Zore said in an interview following his comments at a conference hosted by Standard & Poor's in Brooklyn. "In the Depression, gold did very, very well."
Northwestern Mutual has accumulated about $400 million in gold, and Zore said the price could double or even rise fivefold if the economy continues to weaken. Gold gained 10 percent last month, the most since November. The commodity has more than tripled since 2000, rising for eight straight years. Gold futures for August delivery slipped $4.80 to $975.50 at 4:03 p.m. in New York.
"The downside risk is limited but the upside is large," Zore said. "We have stocks in our portfolio that lost 95 percent." Gold "is not going down to $90."
Policyholder-owned Northwestern Mutual, based in Milwaukee, ranks third by 2008 life insurance premiums according to data from the National Association of Insurance Commissioners. The data excludes annuities.

* * *

 

[gsgs]

Re: Pandemic threat-level market indicators

why is gold not going down to 90 or whatever ?
Is gold really needed in our economy ?

Buy oil instead. Get money from the feds for
contributing to the
strategic national oil reserve.

Or steal or sugar or such.

Or, better, create a currency where we can trust in.

 

[Binkerbear]

Re: Pandemic threat-level market indicators

Or, better, create a currency where we can trust in.

That'll be the day.

Gold is for one thing: Preservation of purchasing power when you have a doomed dollar.

 

[german-docter]

Re: Pandemic threat-level market indicators

Is gold really needed in our economy ?
(...)
Or, better, create a currency where we can trust in.

Binkerbear, :applause:



In 1971 Nixon decided to stop the gold monetary standard for the US-currency.

From that time we only had the FIAT-currency (that is actually worthless paper with numbers on it, or mere promises of uncertain worth).


Nearly 40 years ago, Federal Reserve chair Alan Greenspan wrote persuasively in favor of a gold monetary standard in an essay entitled Gold and Economic Freedom. In that essay he neatly summarized the fundamental problem with fiat currency in a few short sentences:

?The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit? In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value? Deficit spending is simply a scheme for the ?hidden? confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists? antagonism toward the gold standard.?

For a while oil had been a kind of ?substitute monetary standard? for US-Dollars. In 2006 the Fed stopped to report on the US-volume of money (M3). Economics around the world accommodated themselves to that situation as long as possible. ?

I heard the Fed now is buying its own treasury bonds to keep the interest rate low on the market (?)

Indeed, gold more or less is worthless for industrial purposes (some like it for other reasons ).

But what else could become a worldwide accepted currency in a major than major crisis ?

 

[Binkerbear]

Re: Pandemic threat-level market indicators

Wow. Greenspan said that. I'm saving that quote. There's no equivocation or obscurity in that statement. What brings you to flutrackers ?

 

[gsgs]

Re: Pandemic threat-level market indicators

> In the absence of the gold standard, there is no way to protect
> savings from confiscation through inflation. There is no safe store of value

forbid,avoid inflation. It's as easy as that.
Make strict rules, ensured by constitution which
forbids extended debt and spending of the state
or union which guarantees the currency.

They tried it with the Euro, but failed. The rules
determined to stabilize the expansion of debt
(note : just to stop the rate of increase of new debt - not to stop
new debt let alone reduce debt)

Make the Mundo. Make the rules stronger. Don't let countries
evade the process. Only accept members who are willing to
reduce their debt. No credit to others at favourable conditions,
no joining the Mundo.
Form a new system based on trust. I predict it will outcompete
other systems which are lacking trust in the long run.

Now, where would gold go if we succeeded with that ??
Gold is speculation on the inability of humanity to create
a state,government,monetary organisation based on real trust.

Bush did build a system of lies,distrust (WMDs in Iraq, etc.).
Our current legacy systems favour lies and fraud.
Lying is common in policy,science,private life and it's commonly
considered OK or at least not so bad as other "crimes".
But you can't base a society and government on it.
The financial crisis, which is a trust-crisis shows it.

It's what you get, when you favour "dignity" over honesty ;-)

 

[DeniseMc]

Re: Pandemic threat-level market indicators

It is a fact that there were WMDs in Iraq; remember the Kurds? They were wiped out with WMDs.

 

[german-docter]

Re: Pandemic threat-level market indicators

(...)

forbid,avoid inflation. It's as easy as that.
Make strict rules, ensured by constitution which
forbids extended debt and spending of the state
or union which guarantees the currency.

They tried it with the Euro, but failed. The rules
determined to stabilize the expansion of debt
(...)

Make the Mundo. Make the rules stronger. Don't let countries
evade the process. Only accept members who are willing to
reduce their debt. No credit to others at favourable conditions,
no joining the Mundo.
Form a new system based on trust. I predict it will outcompete
other systems which are lacking trust in the long run.

Now, where would gold go if we succeeded with that ??
Gold is speculation on the inability of humanity to create
a state,government,monetary organisation based on real trust.
(...)

Gsgs, here?s a nice story for you:

?Mundo? is a good idea. The story of ?Amero? could have been a step half-way to that (as the Euro might have been, too). Note, that the following report (asianews) already was published in 2007. It had been a really good forecast to what happened in 2008 (and still is going on).
At the end of all ideas of a really stable currency: What will it be made of ?

Well, we?re just at flutrackers here, aren?t we ?
Financial crises will have an impact on health cost and health services throughout the world.

Quote 1:

Asianews.it:

http://www.asianews.it/index.php?l=en&art=10347&size=A
09/19/2007 16:32
ASIA

Subprime lending to trigger world?s worst financial crisis since 1929
by Maurizio d'Orlando

According to some US experts, some US$ 20 trillion in worthless securities exist, putting US and European banks are at risk. Asia should avoid the worse. A new North American currency, the Amero, is making news.

Milan (AsiaNews) ? Subprime lending in the US housing market is a storm on the verge of turning into a hurricane and quite a few banks are likely to take a direct hit, especially overexposed giants like Citigroup and Bank of America, which control many specialised finance companies. In Europe financial institutions like the Deutsche Bank, Barclays and BNP Paribas are also said to be in trouble and might go down; same for insurance companies like Axa and many pension funds. But that is only the tip of the iceberg.
According to US financial analyst Mike Whitney[1], a mountain of unfunded, unregulated paper worth more than US$ 20 trillion might be out there [2]. Apparently, no one, neither the general public nor professionals on Wall Street, has yet to realise the extent of the hole, a hole of 20 trillion dollars with no market, nor value.
Even if the Federal Reserve were to ease bank reserve and capital requirements, the existing financial system would still be moving towards its worst crisis in 80 years because the problem is not liquidity, but solvency. The situation is such that banks are even scared to lend to one another uncertain about each other?s solvency. Even the London interbank market is not going beyond day to day lending.
Greenspan and speculative financing
The problem arose in the United States where, starting in 1987, the bank lobby?by means of US$ 300 million in contributions?got Congress to do away with the Glass-Steagall Act (officially the Banking Act of 1933) that had been adopted in the wake of the 1929 Wall Street Crisis. President Bill Clinton signed into law the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act.
The original law had been introduced to avoid conflicts of interests between banks and companies that sell stocks and bonds.
Former Federal Reserve Chairman Alan Greenspan was the main proponent of financial liberalisation. Before his appointment to the post, he had served as a corporate director for J.P. Morgan, the first bank to take advantage of liberalisation.
Under his 18-year chairmanship he oversaw the greatest expansion of speculative financing in world history. But now the chicken are coming home to roost like a would-be train wreck that no one can stop, not even the Fed.
If Mike Whitney?s numbers are right, we are on the verge of a meltdown like that of 1929-1930, perhaps worse because of the world?s greater economic interconnectedness.
Lately, the big US financial and banking groups have tried to protect themselves by selling their junk bonds in Europe and Asia.
In Asia equity in most banking and financial institutions is in US securities and US dollar denominations. Most banks are ranked AA or even AAA by so-called independent agencies like Standard & Poors, Moody?s and Fitch. Securities with such ratings are, or perhaps we should say, were considered virtually risk-free.
Theoretically, US pension funds, insurance companies and big foundations are exposed to the uncontrolled offer of atypical securities of the past decades; so should the US financial and banking institutions which created them.
Yet we should not be surprised if those who hold the keys to the corporate are not, nor will ever be, held accountable for their wrongdoing.
Central banks, especially the Federal Reserve, are at the root of the problem because they have known about the overall situation for quite some time. But whomever is in charge of the Fed knows that a solution cannot be had from within.
Amero, North America?s new currency
With a bank crisis looming on the horizon, an odd piece of information is becoming news. As unlikely as it may seem, the United States along with Canada and Mexico, appears to be getting ready to launch a new single currency: the Amero.
With the monetary bubble on the verge of bursting, one solution would be getting rid of the dollar, replaced by a currency, the Amero, to serve a would-be North American Union.
In addition to the United States, Mexico should join such a union and in principle might be even in favour of it. Canada, too, might join, setting aside its aversion to losing its monetary sovereignty, out of concern that its equity in US dollars might simply lose its value.
When US President George W. Bush met then Mexican President Vicente Fox and then Canadian Prime Minister Paul Martin in Waco, Texas, in March 2005, they discussed a North American union.
The idea resurfaced the same year in a report released by the powerful US Council on Foreign Relations, a group that has influenced most US presidents, both Democrat and Republican, and a tri-national task force involving ministerial-level officials.
Wikipedia already sports a page dedicated to the Amero with the photos of prototypes.
A news report on the Amero broadcast on CNBC is also available on Youtube [3].
Similarly, 20 Amero coins can be seen on the Hal Turner Show webpage, with a small D visible, D as in ?minted in Denver.? Curiously, the Denver Mint is currently closed to the public, ostensibly for restoration work, till September 28 [4].
Whilst AsiaNews is unable to determine whether there is any basis to such claims, it does seem certain that a plan for a North American union is being developed [5].
Such an entity would have a population almost the size of the European Union, and could adequately respond to the current bank crisis that is bound to end up in a monetary crisis.
However, far from being a simple monetary union, the operation is likely to mean a de facto US annexation of the rest of North America.
For Asia the real point of interest would be economic rather than political since the Americas have been the United States? backyard for a long time.
Firstly, the Amero would be definitely weaker than the US dollar because it would include the Mexican pesos, which was insolvent not so long ago.
A weaker North American common currency would quickly push the value of the currencies of China and the whole of Asia, which have hitherto been reluctant to do so.
Secondly, converting dollars used outside the United States would raise problems since in Asia as well as in many countries around the world payments in dollars are more common than one might think. In this case the impact of a North American union would also be very significant.​

Quote 2:

Wikipedia: Amero

http://en.wikipedia.org/wiki/Amero
North American currency union
From Wikipedia, the free encyclopedia
(Redirected from Amero)
The North American Currency Union is a theoretical economic and monetary union of the three largest countries of North America; Canada, the United States and Mexico.[1]

Implementation would probably involve the three countries giving up their current currency units (U.S. dollar, Canadian dollar, and Mexican peso) and adopting a new one, created specifically for this purpose. (Some versions of the theory, particularly those circulating in Canada, assume only the United States and Canada would be included.) The hypothetical currency for the union is most often referred to as the amero.[2][1] The concept is modeled on the common European Union currency (the euro), and it is argued to be a natural extension of the North American Free Trade Agreement (NAFTA) and the Security and Prosperity Partnership of North America (SPP).
Conspiracy theorists contend that the governments of the United States, Canada, and Mexico are already taking steps to implement such a currency, as part of a "North American Union (NAU)".[1] No current members of any country's government have officially stated a desire to create such a body, nor has anyone introduced a common currency as part of this concept.[3]​

Quote 3:

http://www.wnd.com/news/article.asp?ARTICLE_ID=53124

London stock trader urges move to 'amero'
Says many unaware of plan to replace dollar with N. American currency

________________________________________
Posted: November 28, 2006
1:00 am Eastern
By Jerome R. Corsi
? 2009 WorldNetDaily.com

In an interview with CNBC, a vice president for a prominent London investment firm yesterday urged a move away from the dollar to the "amero," a coming North American currency, he said, that "will have a big impact on everybody's life, in Canada, the U.S. and Mexico."
Steve Previs, a vice president at Jefferies International Ltd., explained the Amero "is the proposed new currency for the North American Community which is being developed right now between Canada, the U.S. and Mexico."
The aim, he said, according to a transcript provided by CNBC to WND, is to make a "borderless community, much like the European Union, with the U.S. dollar, the Canadian dollar and the Mexican peso being replaced by the amero." (?)
Previs told the television audience many Canadians are "upset" about the amero. Most Americans outside of Texas largely are unaware of the amero or the plans to integrate North America, Previs observed, claiming many are just "putting their head in the sand" over the plans. (?)​

Quote 4:

Economist.com:
http://www.economist.com/finance/displaystory.cfm?story_id=11506822
Currencies
America?s new currency policy
Jun 5th 2008
From The Economist print edition

FOR several years two rules have governed America's dollar policy. The first was that only the treasury secretary talked at length about the greenback. The second was that he repeated a vacuous mantra about a strong dollar being in America's interests, even as everyone knew policymakers quietly welcomed its slide.
No longer. American officials are worried about the dollar. On June 2nd Hank Paulson, the treasury secretary, gave a forceful rendition of the strong-dollar rhetoric in Abu Dhabi. And on June 3rd Ben Bernanke, chairman of the Federal Reserve, dwelt on the currency in a speech to a European audience. He left no doubt that American officials did not want further dollar weakness. The greenback's slide, he said, had contributed to an ?unwelcome? rise in inflation. And he made clear that, together with the Treasury, the Fed was ?carefully? monitoring currency markets.? ​

Quote 4:

"Amero" coins
http://www.dc-coin.com/index.asp?PageAction=VIEWCATS&Category=8

Sales of all 2007 and 2008 Amero coins have been discontinued. Some 2009 Ameros are now available for ordering (see below). Additional 2009 Amero types will become available later in the year. Minting of the 2009 1/10 oz gold 100-Amero coins with satin finish have been discontinued. Final mintage of that coin is 143. A few of those are still available for ordering.
All 2009 Ameros will be stamped by a coin press that was actually used in the U.S. Denver Mint from 1986 to 2001. Moonlight Mint, a private facility built by Amero coin minter Daniel Carr acquired this surplus Denver Mint coin press in early 2007 and completed the restoration of it in late 2008. Traditionally, all Ameros have had a symbolic "D" mint mark. But now that all Ameros will be struck on a Denver Mint coin press, the "D" takes on additional meaning. Note that the 2008 100-Amero (1/10th oz gold) coins were also struck on this Denver coin press. So anyone who ordered one of those coins can now rightfully claim that it was stamped by a (former) U.S. government coin press. Moonlight Mint's Denver Coin Press.
NOTE:
I have received numerous inquiries as to my personal stand on the North American Union (NAU) issue.
My goal with these coins is not to endorse a Union of North America or a common "Amero" currency. I fully support the United States Constitution, and I would not welcome (in any form) a diminishment of its provisions. I expect that these coins will help make more people aware of the issue and the possible ramifications. I leave it up to others to decide if they are in favor of, or against a North American Union. And I encourage citizens to voice their approval or disapproval of government plans that impact them.​

?Amero?: price for 1/10 oz GOLD coins: 155 to 160 US $ (1550 to 1600 US $ per oz).
Today?s gold price: 935 US $ per oz.
"Mundo": price ???

No comment !