Goldman Warns That Spanish Bonds, EUR Poised For Technical Breakdown

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Fri, 05/20/2011 - 08:33 | 1294991 Stormdancer
Stormdancer's picture

We live in an era of "suddenlies"...

Fri, 05/20/2011 - 08:34 | 1294995 Quintus
Quintus's picture

...and 'Unexpectedly worse....'

Fri, 05/20/2011 - 08:38 | 1295001 Miss Expectations
Miss Expectations's picture

...and of my dearly departed mother, Mrs. Expectations.

Fri, 05/20/2011 - 09:41 | 1295057 G-R-U-N-T
G-R-U-N-T's picture

Expectation is default and any result to the contrary is fantasy! Such is the consequence of ANY Welfare State. Sophisticated fools haven't the itelligence to see their own self inflicted borrow and spend reality. Nobody that spends more than they produce survives.

Fri, 05/20/2011 - 16:50 | 1296725 Guy Fawkes Mulder
Guy Fawkes Mulder's picture

This is a perfect storm that no one could have forseen...

Jon Stewart making fun of perfect storms:

Fri, 05/20/2011 - 21:26 | 1297248 Hephasteus
Hephasteus's picture

"These are regular storms and we have a shitty boat." Jon Stewart

Fri, 05/20/2011 - 09:31 | 1295119 Arius
Arius's picture

and musical chairs...but have to dance as long as the music for the long run we all will be dead....

Fri, 05/20/2011 - 08:50 | 1295003 slaughterer
slaughterer's picture

EUR puts bought last night by many a hedge fund--time for the EUR to be raided today. 

Fri, 05/20/2011 - 08:57 | 1295046 scratch_and_sniff
scratch_and_sniff's picture

Don’t go all in yet mate, sovereigns have been buying Euro all week, there is nothing to say they will stop. Then there is also possible intervention, which could well happen considering its spain with signs of a broader contagion, they might want to nip that in the bud before it gets nasty. There is no fucking way 1.4 is being taken out today.

Fri, 05/20/2011 - 11:27 | 1295537 Mountainview
Mountainview's picture

It will be a nasty street week end in Greece and Spain! Well played!....

Fri, 05/20/2011 - 08:39 | 1295005 GeneMarchbanks
GeneMarchbanks's picture

Words then charts some more sentences...

Buy the Euro, got it, thanks Goldman.


Fri, 05/20/2011 - 09:10 | 1295076 101 years and c...
101 years and counting's picture

but, one of the other douchebags at GS said to buy the EUR earlier this week. EUR to 1.50.  what to do.....which douchebag do you believe?

Fri, 05/20/2011 - 09:22 | 1295095 scratch_and_sniff
scratch_and_sniff's picture

Which ever douchebag sounds more credible. If you are wrong then you always have someone to blame, and if you are right well then they are still douchebags anyway!

Fri, 05/20/2011 - 08:36 | 1295006 cowdiddly
cowdiddly's picture

Boy these Goldman guys are quick I tell ya. DUHHHHHHH

Fri, 05/20/2011 - 08:37 | 1295007 falak pema
falak pema's picture

GS the main manipulator of the currency markets...lets see how this works out...

Fri, 05/20/2011 - 08:42 | 1295008 hugovanderbubble
hugovanderbubble's picture

With All my respect


ive been telling this Farce since ive appeared in zH.


First time GS and me Agrees in any statement.

Maybe its a turning point in my life.


Please feel free..

Cortesy of BOA

Fri, 05/20/2011 - 08:46 | 1295029 Stormdancer
Stormdancer's picture

Agreed.  Quite disorienting to find myself agreeing with anything coming out of that den of vipers.  Interesting weekend in store.

Fri, 05/20/2011 - 08:39 | 1295011 ADirtyChapCalle...
ADirtyChapCalledWanker's picture

Let's buy some Spanish villas.

Fri, 05/20/2011 - 08:45 | 1295020 hugovanderbubble
hugovanderbubble's picture

Best place Mallorca

*Camp de Mar.

Fri, 05/20/2011 - 08:59 | 1295051 serotonindumptruck
serotonindumptruck's picture

And Basque in the fires of revolution.

Fri, 05/20/2011 - 09:04 | 1295060 snowball777
snowball777's picture

Je suis un chien andalu.

Fri, 05/20/2011 - 11:39 | 1295571 Bonesetter Brown
Bonesetter Brown's picture

I wanna grow up to be a debaser

Fri, 05/20/2011 - 08:44 | 1295013 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

The Bernank needs Europe to fail before the U.S... it's all engineered.

he will say 'external problems in Europe...' (like Europe's problem were not caused by the FED in any way) '...mean that we need another round of QE to ensure Europe's problems don't damage the U.S. economy'.

It's all a game and we are being played left, right and center.

Fri, 05/20/2011 - 09:11 | 1295071 SheepDog-One
SheepDog-One's picture

Except the Russians predict US takes the big swan dive first.

Fri, 05/20/2011 - 09:37 | 1295128 LawsofPhysics
LawsofPhysics's picture

Yep.  They are still bitter about the Fed successfully crushing the ruble in the 80's and 90's.  How is that ruble looking now anyway?  I have not looked in a while.

Fri, 05/20/2011 - 11:40 | 1295598 Bonesetter Brown
Bonesetter Brown's picture

But when is the last time the Russian's got this stuff right?

Fri, 05/20/2011 - 09:24 | 1295102 Clockwork Orange
Clockwork Orange's picture

Let's hang 'em.

Fri, 05/20/2011 - 11:39 | 1295590 Bonesetter Brown
Bonesetter Brown's picture

Yes he does.

Break the Eurozone, justify more QE, move the PIIGS into the de facto USD bloc

Get enough countries pegged to USD and hence an importer of FED monetary policy, all that QE ends up being put to use

Fri, 05/20/2011 - 08:45 | 1295016 lizzy36
lizzy36's picture

So Goldman is short Spanish bonds, and China is long.....who wins here?

Fri, 05/20/2011 - 08:43 | 1295022 hugovanderbubble
hugovanderbubble's picture

GS will dissapear sooner or later.


its the biggest fraud bank ever

Fri, 05/20/2011 - 08:48 | 1295024 the not so migh...
the not so mighty maximiza's picture

I agree i still cannot find any Goldman Sacks ATM machines, what kinda bank is this?

Fri, 05/20/2011 - 08:58 | 1295054 lizzy36
lizzy36's picture

I hear there is one by the washrooms at Bergdorfs. Joint project between Amex (black card only) and Goldman.

Fri, 05/20/2011 - 09:14 | 1295078 Whatta
Whatta's picture

GS ATM's work in reverse...they have a vacuum that sucks money FROM your wallet as you pass by.

Fri, 05/20/2011 - 09:15 | 1295088 snowball777
snowball777's picture

I think Lizzy confused the location of the Lost ATM of the Goldmanites with the place you go to shine Lloyd's head for luck, but as far as Goldie is concerned, the US taxpayer is the ATM (ask Money McBags for an explanation of the acronymic pun). Oh, you meant a way for you to get money from Goldman...ummm...yeah.

Can we get back to you on that?


Fri, 05/20/2011 - 08:48 | 1295026 ivana
ivana's picture

think GS bastards are reading ZH a lot and when their lies are systematicaly deconstructed here - than GS comes with opposite thoughts!

Fri, 05/20/2011 - 08:54 | 1295045 hugovanderbubble
hugovanderbubble's picture

I dont have any fear to Goldman Sachs,

I dont have nothing to lose in my life.

My name is Hugo Peterssen Roldán and i Reiterate and Scream Goldman Sachs = ALL OF U MUST  BE PROSECUTED and in jail but ur president Super Barack is part of the scam.

Banksters ¡



Fri, 05/20/2011 - 09:59 | 1295195 DeadFred
DeadFred's picture


Fri, 05/20/2011 - 09:20 | 1295091 snowball777
snowball777's picture

Lloyd, please live a long and happy life free of suicidal thoughts, old chum.

Fri, 05/20/2011 - 13:55 | 1296195 ColonelCooper
ColonelCooper's picture

Count to ten and don't think about a monkey...Count to ten and don't think about a monkey....Count to ten and don't think about a monkey....

Fri, 05/20/2011 - 08:49 | 1295027 Jack Sheet
Jack Sheet's picture

Then should the concerned reader take the average of the above EUR/USD projection and this one?


Fri, 05/20/2011 - 08:55 | 1295050 Stormdancer
Stormdancer's picture

Though I highly respect the source, focusing pointedly on Greece seems to ignore recent developments in Spain.  Spain is no Greece.

But, I'll be the first to admit that, short term, anything is possible in this environment. Which is why I don't believe in anything but PM's strongly enough to put money on it.

Fri, 05/20/2011 - 08:46 | 1295028 kito
kito's picture

boy those goldman guys, always cutting edge

Fri, 05/20/2011 - 08:46 | 1295030 Pretorian
Pretorian's picture

Beauty! God work

How Does Goldman Sachs Make Its Profits? (Part 1)

How Does Goldman Sachs Make Its Profits (Part 2)

Fri, 05/20/2011 - 09:22 | 1295104 snowball777
snowball777's picture

thieves, thieves and liars, murderers
hypocrites and bastards
hey thanks for nothing!

morals in the dust
two-faced bastards and syncophants
no trust

thieves! liars!
inside, outside, which side, you don't know
my side, your side, their side, we don't know

which side are they? which side are they?
which side of their mouth do you suppose that it came?

which side are they? which side are they?
which side of the grass is greener?

inside, outside, which side, you don't know
my side, your side, their side, we don't know

you're like a great big fucking gun,
just breathe and squeeze!

greed, corporate erection!
toxical injection
geriatric buttfucks
with dissimilating minds

Fri, 05/20/2011 - 09:30 | 1295112 Farcical Aquati...
Farcical Aquatic Ceremony's picture

+1.  Ministry was ahead of their time.  

Fri, 05/20/2011 - 08:58 | 1295047 Bohemian Clubber
Bohemian Clubber's picture


Recovery on its way bitchez...

Fri, 05/20/2011 - 08:57 | 1295053 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

Oh golly gee, I thought that Goldie had just reiterated its 1.50s EURUSD via Mr. Stolper ...

What's going on in Spain, is there a problem?

Fri, 05/20/2011 - 08:59 | 1295056 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Not a lot happening in Spain... that is the problem.

Fri, 05/20/2011 - 09:33 | 1295122 Clockwork Orange
Clockwork Orange's picture

They are leap years ahead of American sheeple.

Fri, 05/20/2011 - 10:30 | 1295303 doggings
doggings's picture

They are leap years ahead of American sheeple.

true dat.

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