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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > S&P ( crazy)
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Post by oilismoney1 on Dec 06, 2011 10:42pm

S&P ( crazy)

After yesterdays announcement by S&P about downgrading 15 more countries I thought oh no, here we go again, the market sure didn't responed to more of their nonesense.

Were these not the people that five years ago gave the green light for tens of billions of dollars wrapped up in Mortgage backed securities and then the banks sold them to Europeans. Good grief.

Have a great day tomorrow
Comment by seanj1 on Dec 07, 2011 12:32am
S&P are made of bunch of crooks looking after their masters' interests.. None of these rating agencies have any credibility..
Comment by stockhousepundit on Dec 07, 2011 9:35am
Could this be political in nature?  Likened to firing a shot across the bow.  A warning to the Europeans that if they do not come up with a resolution, their interest rates will skyrocket past a manageable rate, therefore, forcing their hand.
Comment by glasrado on Dec 07, 2011 1:07pm
A teeny.. weeny... S&P is a gang of CROOKS... first they downgraded US and now Europe. Who do they think they are.... and why everybody is acting according to the wand they wave. Actually they are held hand in hand by the bigger CROOKS in disguise. Panthetic....???????????
Comment by Zurigo on Dec 07, 2011 1:51pm
good call stp, to me it seems indeed political, but not inthe obvious sense (a warning to europe, which is in fact necessary as those politicians tend to act slow due to the political constellation), far more in the intrest of the US and the fugged up USD as the world reserve currency. in the past there have been several discussions about trading commodities in another currency, and the most ...more  
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