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Well as long as the Giant Squid backs Bennie and the Inkjets, then all must be well!
- Olbermann, Impartiality and MSNBC
Watch the Puppethead children! Never mind the men behind the curtain.
How much did Rupert the Monkeyboy donate this time? That's right! You'll never fucking know!
How about the heads of GE? Any clue? Didn't think so!
Watch the puppethead! Keep your motherfucking eyes on the puppethead!
China to the rescue!
Yes, Portugal's gold will be much safer in China.
yes sir, plenty off it they have too.
China to Portugal's Rescue ?
The crack dealer give you more crack on credit...
Looks like whats up is the opposite of what Bernanke is trying to achieve!
If you look at the wider bull channel from June it does deserve a bit of a break...if Ben will let it have one...perhaps after the first Mega POMO?
Hatzius is now bullish: Goldman Says Bernanke Engineers `Substantial Pickup' (Bloomberg), he will be even more bullish when QE2 is expanded to $4 trillion
oh well, goldman being..well, goldman..protect the shield female dogs!!?
My long term indicators continue to warn of USD strength and EURO weakness.
Re: Hatzius's change:
What new information does he have, that we don't have,
Is this yet another (last desperate?) pump and dump via Goldman ?
When prices are shooting up at the pump and the grocery store, then no one cares what some bankers stock is doing or what Bens policy happens to be.
Picturing Merkel, with hiking boots on, kicking Bernanke in the groin region with the velocity of a World Cup striker.
CHINA is only saying that they will back Spain because they hold $1 TRILLION in EURO-trash-bonds. If they said otherwise, that $1 Trillion would be cut down to $500 B in an instant.
GLOBAL ECONOMY-Obama returns fire after China slams Fed's move
"I will say that the Fed's mandate, my mandate, is to grow our economy. And that's not just good for the United States, that's good for the world as a whole," Obama said during a trip to India
Sounds like an update of the old GM slogan.
Fraud is now "America's Business." And what's good for America is good for the world.
Bennie and the Jets; What are you going to do when the price at the pump jumps to $4 along with your POMO injected QE2 stockmarket as the economy stagnates and people want to tear you limb from limb?
Are you prepared to answer that question? Are you prepared to flee the country? Are you prepared to flee the country provided you haven't been indicted and your passports been revoked?
Inquiring minds want to know.
FT is reporting the CME is trying to avoid futures position limits. My summary is here.
someone will be shot before they allow position limits. damnit somebody keeps stealing my damn tin foil hat..
"BofA May Pay Bonuses in Stock as Deadline Looms on Capital Gap (Bloomberg), unclear if it will throw in toxic MBS as part of compensation" Priceless.
BofA's share price rise these past few days has been nothing short of miraculous. I keep on thinking of Einhorn's comments re Lehman (i.e. I am not sure of the extent of what they are hiding, but they are clearly hiding something) in light of William Black's excellent article. There appear to be glaring inconsistencies in the way they are operating their business. Decisions seem to be made in order to improve the appearance of the books, even though they erode value on a longer term basis. The Fed has experience of disguising the insolvency of banks, eg after the Peso crisis, or Citi in 2007/ 2008, but there is a limit to what they can do without revealing the true chronic issues faced..
If this gets out of hand, the Fed's $600bn will be no more than micturating into a tornado.
I have a question and hopefully Tyler can pick it up and post it somewhere or maybe you guys can chip in.
With Scientists turning skin into blood and lights hovering all over cities around the world, how long will it be before we can turn an abundant material into Gold.
Would that not solve all the FED's problems? (as long as they keep it quiet of course)
Then they could open the doors and let everyone look at our mountain of real money.
I've sarcastically referred to the experiments done by Dr. Seaborg to convert other elements into gold through fusion as a source of gold price depression, but the physics of the situation is that the amounts of energy required to perform this alchemy greatly outweigh the economic gains to be had (even at $100k/toz). The rate at which the conversion could be made to take place, even if one had sufficient energy (say a few meters from the sun with an expansive solar array and battery of capacitors to store up the required amounts), would prohibit it from being used for financial gain as well.
You might as well be hoping for great advancements in leaching gold from other mining products.
You can already change Lead into Gold. It just costs more that the price of Gold (in real or nominal terms).
When both horns were repositioned with the skull, the span of the horns was more than 6 feet.
WE HAVE A WINNER!
Gigantic' bison skull unearthed in Snowmass
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