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Advance Look At The Last Treasury Monetization

Tyler Durden's picture




Mark the date: October 29, 2009. It will be characterizied by a drop in futures for a few minutes followed by a rapid and inexplicable pop on no news, courtesy of last ditch attempt by the Fed to "liquify" the market thanks to $1.6 billion devalued portraits of George Washington. And poof, just like that... Treasury purchases are gone (until Bernanke wakes up on the wrong side of the bed and wants to see Dow 36,000).

 




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Wed, 10/21/2009 - 14:51 | Link to Comment faustian bargain
faustian bargain's picture

It's a Hallowe'en Spook-tacular!

Wed, 10/21/2009 - 15:04 | Link to Comment Anonymous
Wed, 10/21/2009 - 15:05 | Link to Comment Mark Beck
Mark Beck's picture

Could you please provide links to the Auction page. Also, is there special real-time access as a primary dealer? Like a separate web market place? Thanks.

The more I look at 300B T buy trends, I cannot help but wonder if this buy program has been padded in advance. Something like a magician, removing support from the levitating body, and poof, the T buy is now self sustaining. A Ben Fed miracle. Perhaps some MBS buys, or off balance sheet loans, are really future T swaps. Just a thought.

Wed, 10/21/2009 - 15:06 | Link to Comment Mark Beck
Mark Beck's picture

Could you please provide links to the Auction page. Also, is there special real-time access as a primary dealer? Like a separate web market place? Thanks.

The more I look at 300B T buy trends, I cannot help but wonder if this buy program has been padded in advance. Something like a magician, removing support from the levitating body, and poof, the T buy is now self sustaining. A Ben Fed miracle. Perhaps some MBS buys, or off balance sheet loans, are really future T swaps. Just a thought.

Wed, 10/21/2009 - 15:10 | Link to Comment Bear
Bear's picture

Nomo Pomo ... Whata they goin to do next?

Wed, 10/21/2009 - 17:16 | Link to Comment Gilgamesh
Gilgamesh's picture

That has been going through my head lately.  Only it sounded like "The POMO is NOMO."   Unfortunately, we know it's not the end.

Wed, 10/21/2009 - 15:22 | Link to Comment straightershooter
straightershooter's picture

Pelosi is talking about the urgent need of stimulus v.2. Soon, Bernanke will be told to implement QE v.2 in exchange for confirmation.

Sadly, the only way to end all this insanity is the total collapse of the dollar ,the US government, and the demo(n)cracy founded on the principle of spending other people's money.

The USSR collapsed due to lack of incentive for production (why work harder, commarades, when everyone got equal pay) and the US will collapse due to over-consumption (why worry it is other people's money?) 

Wed, 10/21/2009 - 15:24 | Link to Comment Project Mayhem
Project Mayhem's picture

Happy Halloween, debt slaves

 

Crash the markets, strengthen the dollar.  But we all know that capital flows into its ultimate and final home in gold.

Wed, 10/21/2009 - 15:59 | Link to Comment Anonymous
Wed, 10/21/2009 - 16:24 | Link to Comment Anonymous
Wed, 10/21/2009 - 21:36 | Link to Comment Emmanuel Goldstein
Emmanuel Goldstein's picture

I think he is in the reality is what it is camp.

Wed, 10/21/2009 - 16:42 | Link to Comment Anonymous
Wed, 10/21/2009 - 17:37 | Link to Comment RatherBFlying
RatherBFlying's picture

Not usually any good options in 401ks. Does your 401k have a loan program? Take a loan and use it to buy hedges for your 401k positions.

Wed, 10/21/2009 - 17:04 | Link to Comment Anonymous
Wed, 10/21/2009 - 17:34 | Link to Comment Anonymous
Wed, 10/21/2009 - 17:37 | Link to Comment Anonymous
Wed, 10/21/2009 - 18:10 | Link to Comment Anonymous
Wed, 10/21/2009 - 18:59 | Link to Comment dot_bust
dot_bust's picture

The U.S. Dollar will finally become a junk bond, much like mortgage-backed securities.

Wed, 10/21/2009 - 19:11 | Link to Comment Anonymous
Wed, 10/21/2009 - 19:09 | Link to Comment Renfield
Renfield's picture

And then after the inexplicable pop on no news...THEN what? A hyperinflationary rise in equities and all prices? A New World Order currency after a G7/8/20/37 bank holiday? A Greater Depression as Bermonkey raises rates into the stratosphere in an effort to save Treasuries, and a USD rally surprising all the tinhats and haters, and saving the Empire?

Would especially love to hear from the paperbugs on this one...

Wed, 10/21/2009 - 20:27 | Link to Comment Anonymous
Wed, 10/21/2009 - 20:31 | Link to Comment Anonymous
Wed, 10/21/2009 - 23:27 | Link to Comment bulldung
bulldung's picture

When does the liquidity actually hit the market? When GS says so? How does one use this information?

Thu, 10/22/2009 - 00:34 | Link to Comment Anonymous
Thu, 10/22/2009 - 05:27 | Link to Comment Anonymous
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