Market bulls are using the 'telegraphed' and 'expected' rationalizations left and right for the hike. If I was bullish on the markets and I heard those rationalizations I'd sell quickly - I'm already bearish so I get to ride with a tailwind
This is really putting a KA in the KA boom. This is heading towards a this is the worst day since yesterday pattern. A nearly full point move is a huge unwind. This has got 3 4 hundred billion written all over it.
Kind of funny. Those fucktards at DELL build a massive cpu machine and those fucktards at Sandia National labs. Put it on nice huge pipe and then booted up a couple million kernels on it. Under the guise of studying botnet functioning which normal botnets only need a few thousand participants as it swamps backbone bandwith anyway.
So it all makes you wonder EXACTLY what are the fucktards up to.
Especially with so many "reports" in the "media" using terms line "Scary threat" ... "they'll steal money from your bank account" ... "there's nothing you can do to protect yourself, because anti-virus software doesn't work with this virus." And only the government can protect you (in exchange for less privacy/freedom/money). Same old, same old. To me it sure smells like a set-up for the next level of freedom-destruction and control. And it's to be expected if/when this next leg down takes off.
$1,200 on gold were the targets set by Prechter and other notable deflationists months ago. They also predicted, through wave counts, an impressive multi year rally on the dollar.
Multi-trillion dollar yearly deficits as far as the eye can see, States insolvent, 2 foreign wars and another pending, FIRE economy destroyed, unfunded entitlement mandates,.....................and a multi-year rally in the currency?
Hell, why not?
With all the crazy shxt we've seen over the past 2 years, anything is possible.
Yeah...debt deflation against rising borrowing by the government and rising service costs actually makes "dollars" more scarce because the only way to get them is to borrow more.
If the USG cannot fund with real money, the only source is to have the Fed buy the issues. But it's still a loan...they just have to pay the Fed back by taxing someone else's dollars or else borrowing someone else's dollars to do it.
The debtmoney system makes these paradoxical conditions of bankruptcy plus rising currency possible.
and what do you know about that which I seek? I seeketh knowledge and truth. "Gold is not money by nature, but money by nature is gold." I also like silver, '85.
That leap took place on the heels of a record long postion by the non-commercial players in the dollar/Euro contract. Except for the ones who got skittish, margin-called or stopped out, there are going to be a lot of happy faces in that crowd.
How long before we start hearing "Dollor bitchez!"?
For those that are interested, I posted this 2 days ago....
on Wed, 02/17/2010 - 12:43
go longer and you'll see the bigger patern. '01-'10 chart shows a double bottom with a $108.00 prediction which sounds crazy until you look at a fib retracement. $108.50 is the 76.4% retracement of the 2001high-2008low. For those interested here's the long term fib resistance levels for the DXY:
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Unbelievable!
http://en.wikipedia.org/wiki/Hu_Jintao throws out a big thank you to Ben and Timmy for helping him unload the green paper.
Demark countdown says higher
whats the new program
...Did someone ring a bell over at NYSE?
entirely believable & easily predictable. good look, TD.
lol ..of course as always afterwards... i see already clowns at msnbc ..
1 year ago everybody were yelling USD is dead...
Market bulls are using the 'telegraphed' and 'expected' rationalizations left and right for the hike. If I was bullish on the markets and I heard those rationalizations I'd sell quickly - I'm already bearish so I get to ride with a tailwind
thats strange, didnt you say it was back on just a few days ago?
Go dollar go! Get some you leper with the most fingers!
Thanks Zero Hedge for all your research and hard work.
A short term gimmick to take LT treasury rates down a bit ? 5/7/10/30 year yields have been awfully bubbly lately !!
This is really putting a KA in the KA boom. This is heading towards a this is the worst day since yesterday pattern. A nearly full point move is a huge unwind. This has got 3 4 hundred billion written all over it.
I must be missing something here, in what way is a .25 hike "a nearly full point move"?
Nearly full point move on the US Dollar Index, .DXY
At 6:30 pm, it was up to 81.13, a .75 gain, or .94%
The Euro is in a free fall..........
KA
BOOM
This will cause a huge unwinding....fan meet shit.
It's alright TPTB already got a smoke cannon ready to throw out in the field.
http://tech.yahoo.com/blogs/null/160657
Kind of funny. Those fucktards at DELL build a massive cpu machine and those fucktards at Sandia National labs. Put it on nice huge pipe and then booted up a couple million kernels on it. Under the guise of studying botnet functioning which normal botnets only need a few thousand participants as it swamps backbone bandwith anyway.
So it all makes you wonder EXACTLY what are the fucktards up to.
Especially with so many "reports" in the "media" using terms line "Scary threat" ... "they'll steal money from your bank account" ... "there's nothing you can do to protect yourself, because anti-virus software doesn't work with this virus." And only the government can protect you (in exchange for less privacy/freedom/money). Same old, same old. To me it sure smells like a set-up for the next level of freedom-destruction and control. And it's to be expected if/when this next leg down takes off.
Is dollar carry trade funded thru the discount window borrowing?
The shot heard 'round
the world. Oh yeah...
http://www.jubileeprosperity.com/
81.18 and straight up.
...
WAIT!
Oh i'm so fucked because i sold my house, wife and kids into slavery to leverage up on gold at 1220 like GG told me to?
Dead Presidents, bitches.
Nothing about the way these clowns have been operating makes me want to put my wealth in their currency.
Precisely.
Prostitutes are for rent, not marriage.
Oh, Bill Gross. First it was Bunds. Gotta blame this goof on Rio.
Let me know when it hits 82.
(Rubbing it in.)
+1
If I recall correctly didn't someone buy a boatload of UUP calls just a couple weeks ago?
Maybe the SEC will get on this..
The Doelarr was having trouble getting seated on it's highchair. Daddy needed to help.
DXY to climb to 82-83 and will spin it's wheels there. Gold to stay at $1100 for a week or so. Then gold to $1200 by April.
DOW 10,000-10,500
SPX 1,000-1,100 and
$1,200 on gold were the targets set by Prechter and other notable deflationists months ago. They also predicted, through wave counts, an impressive multi year rally on the dollar.
Multi-trillion dollar yearly deficits as far as the eye can see, States insolvent, 2 foreign wars and another pending, FIRE economy destroyed, unfunded entitlement mandates,.....................and a multi-year rally in the currency?
Hell, why not?
With all the crazy shxt we've seen over the past 2 years, anything is possible.
Yeah...debt deflation against rising borrowing by the government and rising service costs actually makes "dollars" more scarce because the only way to get them is to borrow more.
If the USG cannot fund with real money, the only source is to have the Fed buy the issues. But it's still a loan...they just have to pay the Fed back by taxing someone else's dollars or else borrowing someone else's dollars to do it.
The debtmoney system makes these paradoxical conditions of bankruptcy plus rising currency possible.
DXY is impressive but the AUDUSD isnt so impressive, the AUD is sitting pretty at 89cents as of writing this.
This is such BS...the doelarr is DEAD!! WAKE UP!!!
You wake up. Gold is not the answer you're seeking.
and what do you know about that which I seek? I seeketh knowledge and truth. "Gold is not money by nature, but money by nature is gold." I also like silver, '85.
That leap took place on the heels of a record long postion by the non-commercial players in the dollar/Euro contract. Except for the ones who got skittish, margin-called or stopped out, there are going to be a lot of happy faces in that crowd.
How long before we start hearing "Dollor bitchez!"?
Wait until you see what happens to the dollar in the next 30 days! It will blow your mind!:))
For those that are interested, I posted this 2 days ago....
on Wed, 02/17/2010 - 12:43 go longer and you'll see the bigger patern. '01-'10 chart shows a double bottom with a $108.00 prediction which sounds crazy until you look at a fib retracement. $108.50 is the 76.4% retracement of the 2001high-2008low.For those interested here's the long term fib resistance levels for the DXY:
23.6%- 83.058
38.2%- 90.099
50% - 95.789
61.8%- 101.479
I don't think DXY will retrace all these levels but I do believe if you cancel out the every day noise, 83.058 and then 90.099 is realistic.
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