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Thread: sell! sell! sell!

  1. #28901  
    the bear is back biatches!! printing cancel.... tiznow's Avatar
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    Beef industry is extremely undustainable as well.. cow farts (methane) a big contributor .. not to mention all the land/resources they need to raise etc..

    there's so many things we do now that are simply unsustainable on 1000 year time scales..

    https://www.google.com/amp/s/www.sci...html%3fisamp=1
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  2. #28902  
    bushman eek.'s Avatar
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    Chickens coming home to roost for the corrupt Liberals

    Problem is we've still got to sort out pollution and ecosystem destruction, even if man-made global warming is bullshit


    ------------------------------

    Penn State climate scientist, Michael ‘hockey stick’ Mann commits contempt of court in the ‘climate science trial of the century.’ Prominent alarmist shockingly defies judge and refuses to surrender data for open court examination. Only possible outcome: Mann’s humiliation, defeat and likely criminal investigation in the U.S.

    The defendant in the libel trial, the 79-year-old Canadian climatologist, Dr Tim Ball (above, right) is expected to instruct his British Columbia attorneys to trigger mandatory punitive court sanctions, including a ruling that Mann did act with criminal intent when using public funds to commit climate data fraud. Mann’s imminent defeat is set to send shock waves worldwide within the climate science community as the outcome will be both a legal and scientific vindication of U.S. President Donald Trump’s claims that climate scare stories are a “hoax.”

    http://www.climatedepot.com/2017/07/...ey-stick-mann/
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  3. #28903  
    RX Senior brucefan's Avatar
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    No idea why stocks keep going up


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  4. #28904  
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    Quote Originally Posted by eek. View Post
    Chickens coming home to roost for the corrupt Liberals
    Eekster! So nice to see you here still!!

    Are you a conservative now?
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  5. #28905  
    bushman eek.'s Avatar
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    I think a pragmatic realist cake would be more accurate, with a filling of socialist cream
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  6. #28906  
    RX Local CHOPTALK's Avatar
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    Anyone who thinks there well be no such thing as 100$ oil again is sadly mistaken .
    2017 Super Bowl Champs
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  7. #28907  
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    Quote Originally Posted by CHOPTALK View Post
    Anyone who thinks there well be no such thing as 100$ oil again is sadly mistaken .
    I missed the news today....are we starting a war I didnt hear about?

    I dont see it in the near future. I think it goes to mod 30's before the mid 50's.
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  8. #28908  
    bushman eek.'s Avatar
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    This is the big test coming now, hopefully China will ban bitcoins.
    Then we will see whether Bitcoins etc are truly fit for purpose.

    =========================================

    Top China Bitcoin exchange to stop trading

    One of China's biggest Bitcoin exchanges has said it will stop trading, after a government warning over virtual currencies.

    BTCC said it would stop buying and selling on 30 September in response to tightening regulation.

    It comes after authorities banned initial coin offerings on 5 September.

    The country has seen an explosion of digital currency trading, sparking fears about the financial risks and speculative investing.

    The price of Bitcoin tumbled sharply following the BTCC announcement late on Thursday but has since regained some ground.
    Cracking down

    Chinese authorities expressed concern over the investment risks involved in crypto-currencies and ordered a ban on initial coin offerings, or ICOs, earlier this month.

    A growing number of tech companies are opting to sell digital "tokens" to raise funds because they are quick, easy and unregulated.

    Then on Wednesday this week, the state-backed National Internet Finance Association issued a warning that virtual currencies are increasingly being used as a tool for illegal fundraising and money laundering.

    BTCC, one of the world's biggest Bitcoin platforms, said in a tweet Thursday after "carefully considering" the directive from regulators, trading on its platform would cease and it would stop registering new users from Thursday.

    BTCC also runs an international exchange from Hong Kong.

    More intervention is expected. The BTCC shutdown comes ahead of speculation that the Chinese government plans to completely ban exchanges.

    Reuters and other media have reported this week, citing sources, that China is planning the suspension, but the regulator has not yet made any such announcement.

    China's ICO ban, and wider fears of more regulation, has prompted a sell-off that has wiped billions of the value of crypto-currencies since they hit record highs at the start of the month.
    Currency risk

    Regulators around the world are in the midst of working out how to address some of the risks around virtual currencies.

    The UK's financial watchdog warned this week that ICOs are "very high-risk, speculative investments," while the US Securities and Exchange Commission said in July that some ICOs should be regulated like other stocks.

    Regulators in Singapore, Hong Kong and Canada have also pointed out some of the dangers.

    Digital currencies are also facing scrutiny from the private sector. This week JPMorgan chief executive Jamie Dimon branded Bitcoin a "fraud" and said it was set to "blow up".

    Mr Dimon told an investor conference in New York that if any of his traders were found trading Bitcoin he would "fire them in a second", and that Bitcoin was "worse than tulips bulbs", referring to a famous market bubble from the 1600s.

    http://www.bbc.co.uk/news/business-41276348
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