JP Morgan On JC Trichet's Third Attempt At Pulling Off Paulson's Bazooka: Advance Thoughts On More ECB Bond Purchases

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Thu, 12/02/2010 - 00:52 | 770941 trav7777
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they got no choice

Thu, 12/02/2010 - 06:59 | 771271 MarketTruth
MarketTruth's picture

Yes... it is akin to the Ben Shalom Bukkake 'put'.

Thu, 12/02/2010 - 01:07 | 770958 TheGreatPonzi
TheGreatPonzi's picture

Many European bears were waiting for a deflation.

Can't happen, won't happen, as the slightest point of percentage of deflation leads to bond impairments, and thus burns the entire ponzi down in less time you needed to read this comment.

Hyperinflation takes far longer to come, and there is a 0.001% chance it will save the world economy, so politicians will chose this way.

Thu, 12/02/2010 - 01:13 | 770967 erik
erik's picture

I see the press conference listed at 8:30AM EST.  Where did 7:15AM EST come from?

Thu, 12/02/2010 - 01:16 | 770973 Barry McBear
Barry McBear's picture

What happens at 7:15 AM eastern?  I think the press conference will be at it's usual time of 8:30 AM eastern which is when any announcement will be made.  Please correct me if I'm wrong so I can change my alarm clock.

Thu, 12/02/2010 - 01:19 | 770976 gwar5
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Jean Claude Trichet is the most likely person to jump from the Eiffel Tower the day the EU dies.   

Thu, 12/02/2010 - 01:39 | 771011 SilverIsKing
SilverIsKing's picture

Anyone mention this yet (from Harvey Organ's Blog):

"Monday night saw 5,428 longs deposit 100% of monies owing as they signalled to the comex that they were standing for the silver metal.

Early this morning I was really shocked to see only 34 notices sent down for delivery.  This never ever happens this early in the delivery process.

I then waited patiently for the open interest to be revealed for the second day and it was a reading of 1945.  With only 34 notices sent down, one can only conclude that 15 million oz of silver were bought off with cash and a huge premium.  These guys then entered the market and bought which will explain why the total open interest remained relatively the same as the day before.

The payment of dollars for a silver or gold contract is totally forbidden by comex rules.  However the USA do not pay attention to rules and they do whatever they like."



"Even Adrian Douglas , smelled a rat tonight:

The Open Interest in DEC silver was 5,428 which means that those were fully paid for contracts standing for delivery. Today the OI is reported as 1,945 contracts! What happened to the balance? Were the holders offered premiums to sell them? Something smells."


http://harveyorgan.blogspot.com/



 

 

 

 

 


 

Thu, 12/02/2010 - 02:04 | 771052 Double down
Double down's picture

Don't worry.  They will go long again.  There is blood in that stone

Thu, 12/02/2010 - 02:01 | 771045 Double down
Double down's picture

It is getting interesting...

Thu, 12/02/2010 - 02:08 | 771059 DavidRicardo
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I said it before this happened, but I'm happy to say it again:

 

there will be $70 trillion in bailouts.

 

Why?  Because BLS unemployment for BA + is 4.7%.

 

Before you contradict me, tell me the month and year that figure will hit 20%.

Thu, 12/02/2010 - 03:43 | 771176 taraxias
taraxias's picture

April 29, 2013 and yes, I pulled that right out of my arse just like you did with the $70 trillion number.

What the fuck is Mellonesque liquidation anyways?

Thu, 12/02/2010 - 03:19 | 771162 steveo
steveo's picture

Good news, I cut a deal with Breakpoint Trades they are allowing me to post the full-on not watered down version of their stock market newsletter.  
 
You get it for free, visit Hawaii Trading for the link!  
 
http://oahutrading.blogspot.com/2010/12/full-paid-newsletter-for-free- from.html

Thu, 12/02/2010 - 03:44 | 771177 Threeggg
Threeggg's picture

Just picked this up

China Blames Its Stock Market Plunge On An Unnamed International Bank

 http://www.businessinsider.com/china-blames-stock-market-crash-on-market-manipulation-2010-12#ixzz16wDc6eVF

Wonder Who ?
Thu, 12/02/2010 - 07:22 | 771256 Miles Kendig
Miles Kendig's picture

As pedophilia becomes the rule rather than the exception among market participants and their funders... No wonder the EU operates outta Belgium.  JCT & his associates musta got tired of stair climbing in Frankfurt while Christine of Berlin fame turns 50.  Bankers don't want to look to her example since they've all gone Chairman Mao looking for the little ones to get off on

Sick fucks are going Chinese communist on us all.  (No wonder Bill Gross, Mr 90 seconds hizzelf, likes the potential there) As Chinese communists willingly suck on the current edition of western opium so they can continue the hunt for ever younger participants.  DOGS ALL

http://www.youtube.com/watch?v=XpTXHhMa_YQ

Thu, 12/02/2010 - 08:31 | 771316 T Rex
T Rex's picture

Buy the everything.

 

Enuf said.

Thu, 12/02/2010 - 09:00 | 771334 Rich V
Rich V's picture

"On the nonstandard liquidity measures...."

 

Is that like calling a bank robbery a "nonstandard account withdrawal"?

Thu, 12/02/2010 - 09:13 | 771354 Miles Kendig
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Given the flow of funds I suspect that traditional withdrawals constitute bank robbery in the minds of officials.  A fine sign of the times

Thu, 12/02/2010 - 11:33 | 771670 Jean Valjean
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Anything, ANYTHING, to prevent you from taking delivery of something REAL.

Do NOT follow this link or you will be banned from the site!