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MarketWatch Freudian Ponzi Slip FTW
That's ok guys. In this ponzi scheme of a banana republic, we too are having problems figuring out who is doing the buying, when the seller is the buyer is the seller ad inf.
Rare Freudian slip courtesy of MarketWatch
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Excellent Freudian (or maybe not?) slip.
Timmah saves the day!
Fuck Robert Diamond.
so can i deuce then that he admits there was a time when it was permissible to start?
Maybe then it is time for bankers to stop being useless parasites and contribute something to society.
Truth at last!
lol
I wonder how high the bid will be on those and how succesfull they will be...
LOVE IT! MORE TO COME!
Good gold rally to sell into
Come on insolvency.
Make the printers ready! Purchase all you can Ben.
Curious, in the event of insolvency (bankrupt, default, etc), cash will be king, opposite of your user name.
For the people its metal.
Fiat is never king.
Except for the many people who don't have metal.
no, they will be long hungry
JOops. They left out a step.
Whoever made that goof gets the lit cigarette treatment in the janitors closet.
Well, obviously the Treasury has to buy their issuance from a T-Bill wholesaler before reselling at retail to the Fed.
The higher interest rate on the latest batch simply reflects concerns about a possible T-Bill crop shortage due to recent heavy rains in one of the main T-Bill growing regions.
You guys really need to study basic sovereign-debt agriculture.
Study? They never offered the financial Sovereign debt incest class in school..
"Sometimes a banana is just a banana."
-Sigmund Fruit
lol
Time flies like an arrow.. Fruit flies like a banana!
2 hours of carnage coming
A good 'ol reversal tuesday
Lemme know when I should turn the TV on
The revolution will NOT be televised (or are you wanting to see escape routes from whatever city you happen to live in?) :>D
Being entirely honest with oneself is a good exercise.
Sigmund Freud
Does this mean Obama will officially give the all bail speach to sell, just like in March 2009 when he gave the all clear to buy speech?
Oh Noes!!!!!!!!!
Bernanke & Geithner will warn CONgress that Great Depression II is imminent, all banks will fail, GDP will contract by 88%, and that everyone will die, if another blank check STIMULUS/TARP/TALF/QE seriers of programs are not authorized in the next 3 minutes.
excellent!
I sold my house to myself today... huge profit.
The bad news is you bought in a declining market. The good news is you found a buyer to unload the property. Perhaps your accountant (KPG) could show some tax deductions in the transaction so you come out a winner.
I hope you wrote yourself a check to pay for it.
MW copybook writer originally typed "Treserve", but spell check caught it.
They are so friggin crooked its pathetic.
Same thing happened last week the Fed re-bought sold Treauries in less than 24 hrs.
Either no one cares anymore, or peope are too stupid to follow the laws.
As a side note - not sure if this was posted on ZH or not but - for the first month in history* the treasury paid less than 3% average for its debt in a given month:
http://www.treasurydirect.gov/govt/rates/pd/avg/2010/2010_12.htm
Average Interest Rate, on Total interest bearing Debt = 2.992%
* I would imagine - this particular data source only goes back to 2000. Certainly it's the least since the 1950's, when 1-year was last below 2%. From looking at various other places though, it appears that it may be indeed a record low.
That's funny!
Here's another interesting Marketwatch article:
http://www.marketwatch.com/story/harry-schultz-last-investment-testament...
This from a guy who remembers the last Great Depression:
“Stockman replied (to my huge surprise, coming from a former top government official) ‘Get some gold, beans, water, anything that Bernanke can’t destroy. Ron Paul is right. We’re entering a global monetary conflagration. If a sell-off of U.S. bonds starts, it will be an Armageddon.’”
If Fed years are unable to start then Treasury years are unable to begin.
Fed years are unable to begin.
Thus, Treasury years are unable to begin.
Flash crash of 01/11/11
They're prop trading!
King has no clothes:)
Yes, we still have no bananas
The saddest thing is , most people wont even notice the slip. Most market "professionals" wont even understand.
Schultz's recommended allocation had me checking for stains in my linens. Apparently my tinfoil needs a tighter wrap. I feel happy...I feel happy...
"I think I'll take a walk!"
"You're not fooling anyone, you know..."
I was more amused by the $93 average for oil predicted in the little box at the top.
Marketwatch makes Penthouse and Juggs look like preschool reading material.
WOT?!
Youmeanitsnot?!
DavidC
Haha MW is great fun.
"What happens overseas, stays overseas..."
Regards
She's my mother...she's my sister...she's my mother...