Pailin's Trading Corner

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Wed, Feb 19, 2014 - 4:07pm (Reply to #38365)
Spinky
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Ukraine

I found this inspiring...

Violent video: Ukraine rioters brutally beat police, storm local admin building
To hold a pen is to be at war - Voltaire
Wed, Feb 19, 2014 - 5:17pm
Lord Henry
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That's

Cos your a Yorkshireman. You'll soon find that Southerners

favour a more humane approach. Live experimenting on

Labour party politicians - that sort of thing. 

Wake me up at HUI 200. No, on 2nd thoughts, please dont bother.
Wed, Feb 19, 2014 - 6:54pm
pailin
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Nobody wants to touch the

Nobody wants to touch the Chase thing? I'm still wondering... :)

To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything. -Edward Abbey
Wed, Feb 19, 2014 - 7:03pm
Rico
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Am traveling.  Wild action in

Am traveling. Wild action in /KC and /NG today. Mkts not happy w fed. This is news?

Who feels particularly positive (about any mkt)?0

Wed, Feb 19, 2014 - 8:28pm
csquared13
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I have no idea on the Chase

I have no idea on the Chase thing, P. 

"Cashless society" come to mind, but that's nothing new to most here.

Maybe Chase wants to push these users over to their QuickPay service? That kinda makes sense although I'm not sure if/how Chase monetizes that service?

EDIT: I've used QuickPay before to receive funds from a friend. They wanted to try it for shi*s and giggles. You do have to create yourself a LogIn to use the service, and then obviously enter your (receiving) bank's routing #/your account # (so it's really not as easy as "receiving cash" via e-mail how the commercial suggested.) 

“Everybody gets what they want out of the market.” -Ed Seykota
Wed, Feb 19, 2014 - 9:49pm (Reply to #38362)
Zubie
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Might be my chance to give

Might be my chance to give something back to this corner after all it gave me, so in what i belive to be a true spirit of this corner...

Brief glimpse into gaming/gaming industry and where it is going, or maybe even more its "fundamentals". There is so many cliches i could fit in here but the title of upcoming documentary says it all: Free to play. I know where i am posting but, i cant help being sentimental there is so much more to it then meets the eye just like with silver or it just me very emotionally involved.

Free to Play: The Movie Trailer (US)

Feel free to ask anything, i will try to anwser. Keep in mind us young guns, cant tell everything we know just yet =) and beware i am very biased.

I hope it never comes to this, but be sure to be there should Valve ever decide to go public.

A slave that was destined to own his masters!
Wed, Feb 19, 2014 - 9:49pm (Reply to #38362)
Zubie
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Might be my chance to give

Might be my chance to give something back to this corner after all it gave me, so in what i belive to be a true spirit of this corner...

Brief glimpse into gaming/gaming industry and where it is going, or maybe even more its "fundamentals". There is so many cliches i could fit in here but the title of upcoming documentary says it all: Free to play. I know where i am posting but, i cant help being sentimental there is so much more to it then meets the eye just like with silver or it just me very emotionally involved.

Free to Play: The Movie Trailer (US)

Feel free to ask anything, i will try to anwser. Keep in mind us young guns, cant tell everything we know just yet =) and beware i am very biased.

I hope it never comes to this, but be sure to be there should Valve ever decide to go public.

A slave that was destined to own his masters!
Wed, Feb 19, 2014 - 9:50pm (Reply to #38362)
Zubie
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Radovljica
Slovenia
Joined: Jun 25, 2011
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Might be my chance to give

Might be my chance to give something back to this corner after all it gave me, so in what i belive to be a true spirit of this corner...

Brief glimpse into gaming/gaming industry and where it is going, or maybe even more its "fundamentals". There is so many cliches i could fit in here but the title of upcoming documentary says it all: Free to play. I know where i am posting but, i cant help being sentimental there is so much more to it then meets the eye just like with silver or it just me very emotionally involved.

Free to Play: The Movie Trailer (US)

Feel free to ask anything, i will try to anwser. Keep in mind us young guns, cant tell everything we know just yet =) and beware i am very biased.

I hope it never comes to this, but be sure to be there should Valve ever decide to go public.

A slave that was destined to own his masters!
Wed, Feb 19, 2014 - 10:40pm (Reply to #38368)
Mr. Natural
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makes no sense to me either

here is a report of one person's experience and the bank's response

https://www.cleveland.com/business/index.ssf/2014/02/chase_bank_stops_ac...

maybe it is just a case of taking security concerns to the extreme? I have a Visa card issued by Chase nee Chemical nee Manufacturers Hanover that is my only business relationship with them and have also noticed heightened security measures relating to that account - phone calls demanding verification/authentication of certain charges and also having to jump through hoops with text, voice or email confirmations when attempting to access the account online. I don't think they've yet given themselves permission to come knocking on my door the way Capital One has though. Thank goodness for that :)

https://www.latimes.com/business/la-fi-lazarus-20140218,0,2211926.column...

pailin if you can't figure it out I don't think any of us can

Use the right tool for the job
Wed, Feb 19, 2014 - 10:41pm
csquared13
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Beautiful...can't wait to see

Beautiful...can't wait to see it. The future of gaming makes me excited. 

“Everybody gets what they want out of the market.” -Ed Seykota
Thu, Feb 20, 2014 - 12:54am (Reply to #38373)
hhesse
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friendly questions/from old fart

To a non-gamer's view, being the best in an artificial world created by another would just give the winner bragging rights. Like a sport. Is gaming Bigger than that?

How could it affect the "real" world? Drones? That immediately becomes an open-ended event scenario.

How does gaming become important to non-gamers?

PS--game experience: warcraft, 1989 with my son. lol

Thu, Feb 20, 2014 - 6:58am (Reply to #38370)
pailin
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I hear you guys on the Chase

I hear you guys on the Chase thing, but I guess we're still not getting there?

Making it harder to take cash out...that I understand. Usual un-ease of doing business ha ha. But putting cash in...why would that ever be harder, you're liquefying the system (the same one that's levered...10x, 100x, 1000:1 take your pick?) with the only thing "better" than Treasuries! Unless we're talking about macro-level concerns over excess reserves and possible costs from Fed being passed down in the future to banks (negative rate of interest), I cannot figure out why there would be fresh disincentives in an already ZIRP environment.

Or...is it as simple as new cash on the books messes with their loan ratios (further) in an environment where no big bank has enough loans ('assets' for banks) outstanding? (a la Wells chasing subprime again)

To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything. -Edward Abbey
Thu, Feb 20, 2014 - 9:19am (Reply to #38377)
MisesFan
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pailin wrote: But putting

pailin wrote:

 But putting cash in...why would that ever be harder, you're liquefying the system (the same one that's levered...10x, 100x, 1000:1 take your pick?) with the only thing "better" than Treasuries! Unless we're talking about macro-level concerns over excess reserves and possible costs from Fed being passed down in the future to banks (negative rate of interest), I cannot figure out why there would be fresh disincentives in an already ZIRP environment.

Or...is it as simple as new cash on the books messes with their loan ratios (further) in an environment where no big bank has enough loans ('assets' for banks) outstanding? (a la Wells chasing subprime again)

Fringe type opinion.....Chase just does not want to be in the business of personal banking (in Chase's eyes, is personal banking "overhead"?)......slippery slope time....eventually, personal banking will be "nationalized"??

wtfdik

Thu, Feb 20, 2014 - 10:14am (Reply to #38377)
Spinky
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pailin wrote: But putting

pailin wrote:

But putting cash in...why would that ever be harder, you're liquefying the system

This is the criminalization of cash. It really amazing how this idea has been full-spectrum massaged through media. "if you've got alot of cash lying around, you're hiding something. How did you get it in the first place? If you obtained it legally why should you need to keep outside a bank?" Whether its in or out, just turning up with cash implicates you with the evidence of a crime.

HSBC tried to step on customer's toes, but went a bit too far, so they had to u-turn on new requirements for customers making large cash withdrawals.

I hear whispers that banknotes are being taken out of circulation to create a scarcity of cash - but this is unconfirmed. In any case, it all makes sense if you consider that the environment we're in is 1) deflationary and 2) oppressive - criminalize cash, hunt down hoarders, have every penny (paycheck, debt, gift or other) under control.

To hold a pen is to be at war - Voltaire
Thu, Feb 20, 2014 - 10:25am (Reply to #38378)
pailin
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MisesFan wrote: Fringe type

MisesFan wrote:

Fringe type opinion.....Chase just does not want to be in the business of personal banking (in Chase's eyes, is personal banking "overhead"?)......slippery slope time....eventually, personal banking will be "nationalized"??

Hey, not bad. First step towards going pure commercial and HNW? Refusing non-account holder cash doesn't quite hit that mark. We'll know if/when we see the follow-up moves. Nationalization of basic banking not so fringe imo. Our present government, and the voters it seems too, very much supports the nationalization of all 'overpriced' basic/essential services in the economy. Free checking/savings (auto savings acct in Treasuries? ha ha ha) underwritten by taxpayers...sure. And that may finally draw in all the un/underbanked the Wall St jerks are always talking about as if they're the enemy or something (lol). And can so easily be sold as ridding the world of those evil usurious check-cashing and paycheck lenders. All especially sexy if we end up going pure e-USD somewhere down the road, rendering all hard cash 'black market' by definition. Hmmm.....

To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything. -Edward Abbey
Thu, Feb 20, 2014 - 10:38am
pailin
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Question of the Day

Question of the Day: When will there be more dollars (real and credit) in circulation than grains of sand? On that day, you'll want to be good 'n set up to mine 'scarce' sand I think :)

[all this bs while i'm bored waiting for a top to short in silver...spring season already too long for me :) ]

To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything. -Edward Abbey
Thu, Feb 20, 2014 - 10:42am
brokerk22
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Shorting

You want to short silver good luck with that.

Thu, Feb 20, 2014 - 10:44am (Reply to #38382)
pailin
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brokerk22 wrote: You want to

brokerk22 wrote:

You want to short silver good luck with that.

I'd short you if I could.

To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything. -Edward Abbey
Thu, Feb 20, 2014 - 10:54am
Spinky
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@brokerk22

To hold a pen is to be at war - Voltaire
Thu, Feb 20, 2014 - 11:02am
brokerk22
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shorting

I did short you and your predictions and won. Trade yourself into an oblivion.

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