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"The sloping park, great calamity, Through the Lands of the West and Lombardy The fire in the ship, plague and captivity; Mercury in Sagittarius, Saturn fading."
. . . This is the dawning of the Age of Aquarius, Age of Aquarius . . .
There is no ceiling - Neo
Sniiiifff! What you cooking Timmy?
35-year bull market in bonds remains intact.
Anyone who dollar cost averaged, month in, month out during this time period has beaten stocks, hands down.
As for the Chinese, who hold huge slugs of this debt, they are not about to sell when 95% of their holdings are still in a winning position.
Even though any day, we can simply default and leave them holding the bag.
That is the reason China won't buy more gold, they are just plain stupid.
So Forrest Gump was wrong when he said : Stupid is as stupid does... he should have said... Stupid is as China does...
ROBO! Where do you get your info from? you need to turn into the light
They are buying more gold. Government, and private, every day, every minute, every second.
You sure you're talking about bonds, and not PM's over the last ten years?
Oh wait, you don't want to hear that. You want to pretend you have been buying bonds for the last 35 years.
I also love how you don't seem to realize that the Chinese ARE buying gold. They are accumulating at unheard of rates.
Why don't you tell us some more about LULU?
Robo is to ZH as Mikey is to American Chopper...totaly worthless but fun to have around to watch his chowderhead dork antics.
As Chumley is to Pawn Stars.
Egad, that is really shallow. China produces gold bitchez.
Infamous Robo post- 'China wont buy any more gold as theyre just plain stupid'...guess you never read the Chinese book 'The Art of War' and besides being an obvious amateur chess player, likely you dont even know how to play, its a lie that China isnt buying more gold they are in fact buying at record pace.
You sure don't look like your mother.
Even a troll like you Wndy is bound to get it right once in a while. I sure hope that sneering little monkey in the bowtie walked the walk after his loudmouth promise to short Treasuries yesterday. Soros disowned his punk ass years ago; ZH should be smart enough to do so as well.
Question: How does one tell who actually holds the paper debt? Is it that clearing house in NYC? Perhaps the Chinese are passing the paper quietly like te Japanese did a few years ago by trying to smuggle US psper into Switzerland.
And another 24 billion gone from the pension funds.
Who makes up the primary dealers, indirect dealers and direct dealers? This is new to me and I am curious who is purchasing. Thanks in advance for any help.
WB7's Kraken is what they see in the mirror.
Give Geithner and Bernanke their due. They have manipulated the bond vs. stock market successfully for two years. And their game shows no signs of ending. At this point, they believe they can move any market anyway they want whenever they want. And I'm beginning to believe they can. I stand in awe.
Stand in awe of satan like the rest.
I confess, I am amazed at the stupidity of the American investor (with the exception of company insiders), and the generosity of overseas trading partners, and bond holders in general. However, all of history is against the Bernank, and the Geethner. Nash will not be denied. Mises is not deceived. When the equilibrium fails, it really will different this time, but only in degree. When it finally does blow up, there will not be much left standing. I will be deep in my bunker. Pity it's not in Argentina.
Yeah kinda reminds me of a guy I worked for a few years back. He too ran his businesses like a ponzi scheme, flipping money from one account to another, manipulting numbers to up his lines of credit, opening up new lines of credit to pay the interest on the old ones and kiting checks from one account to the other. All was great, he strutted around town in his new Benz and built the new Million dollar McMansion near the beach, he was the envy of the whole town. Everything was just grand until one day we showed up for work and the place was locked up and swarming with bank representatives and marshalls from the FED. He played the game very well for about 5 years until he ran out of ways to lie and manipulate, kinda like Madoff and all the other Ponzi Schemers. What you see happening in America is exactly the same thing and sooner then later they will run out of ways to manipulate and lie to keep the truth of their failed economic recovery from coming out.
You sure he's still in the slammer? Maybe they let him out to work at the federal reserve. Like one of those WWII movies, where they recruit a bunch of convicts, to carry out a suicide mission behind German lines. I'm sure the Bernank would appreciate his technique, and maybe he could teach little Jimmy something.
Is this why the Treasury is having a garage sale on AIG - to stay under the debt ceiling?
They don't need to, they have trillions in the pension funds.
Ceiling - Schmeiling
The debt ceiling is merely a suggestion.
It is the Pirate's Code, afterall..
Who's gonna stop the Federal Reserve and their agents from monetizing debt and manipulating the markets? Congress? The President? Don't make me laugh.
Some people still don't understand who's really in charge.
what the sun sees the moon ignores...
ares and venus are side by side but not inside outside
as for apollo he is on his own as his chariot draws his circle,
water is what fire hates most of all and venus is
molten from shimmering wetness that none can ignore.
Mercury flies to Olympus bringing tidings of desamores
between sons and daughters so full of themselves.
They are human beyond recognition in their intemperate intemporality.
Fort Knox is selling PM's to make room for bond issuance.. It's right there in front of you. You see, when I buy my next S55 and pay the 50% inflationary mark-up, I'll sell some gold to offset the premium. Uhhhh, sorta the same here.
It can't go on forever...you can only make shit smell good for so long....I had some friends that worked in huge commercial chicken houses... the smell was nauseating but they had grown accustomed to it. They would say what smell? .....until they had a good 5-10 days off and then went back and said damn that smell!!!
We may have many people use to the smell of this shit...but sooner or later the true smell of this shit will come through and it will end.
Wonder what Gross and Rogers are thinking of their T's short positions as T's and dollar both go the wrong way from their trade...
I don't doubt they are right...just not sure when they'll be right?
The PDs will flip them back to the fed within two weeks at a tidy profit.
Yeah that's what I thought when I read that.
I'm sick of this BS. Let bondzilla come and tear down this whole goddamn rotten building.
I can't even do the Runge Kutta Method on this. WTF. This is beyond the math realm. F the FEDS.
holy crap silver down majorly, again.
WTF is going on?
So is GOLD. WTF. Euro dump
Euro dump/DXY oversold, What's the fuckin difference. Somebody out there is jerkin the chain.
CME told their friends that there would be a margin hike today, and they shorted it big time, likely on the exactly correct amount of margin.
Try to find it for the origami price.
It ain't speeding if you don't get caught! There is no ceiling if nobody does anything about it. Constitution? what's that? Laws? nonsense.
rights? there are none.
The other question of how this will settle, together with yesterday's $32 billion and tomorrow's $16 billion, under the debt ceiling, we will discover in a few days."
Calling Andy Fastow, your country needs you!!!
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