Nikkei Surges As BOJ Injects Another ¥3.5 Trillion: Just Add It To The Existing ¥23 Trillion Plunge Protection Tab

Tyler Durden's picture

It's another day for the BOJ, which more than anything is hell bent on preventing a rerun of last night's tumble in the futures to a 7 handle. The solution: add another several trillion into money markets. Following Monday's ¥15 trillion plunge protection deposit, and yesterday's ¥8 trillion, just announced was the first tranche for tonight, which amounted to ¥3.5 trillion. And so the total involve to prevent the market from plunging a more 1,000 points is now ¥26.5 trillion, or $325 billion.

From DJ:

The Bank of Japan on Wednesday pumped another 3.5 trillion yen ($43.3 bln) into the financial system, adding to the trillions spent Monday and Tuesday to soothe shaken markets


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alien-IQ's picture

Insanity reigns supreme. All hail the ponzi.

Boilermaker's picture

It's so fucking surreal that I'm literally laughing my ass off.  What a fucking flea circus of biblical proportions.

Sam Clemons's picture

The most amazing thing is that all this stuff is slowly going to erode confidence in the entire monetary system the more and more they have to do it.  Talk about trading the future for the present.


Why does anyone work when some entity can just helo-drop more than any large group of individuals will ever make without doing a damn thing?

dlmaniac's picture

From sea water tsunami to FIAT tsunami. What's next, radiation tsunami? This stuff is intense!!

Spalding_Smailes's picture

• Red Alert • #3 MOX •

Kyodo: Smoke rising from Fukushima's No. 3 reactor: nuclear safety agency 1 minute ago via TweetDeck 

Smoke / steam billowing out of reactor .... Live press conference coming up  ....

Live feed -

scythian empire's picture

What is the point of banks heding equity market risk, when there is no such thing as equity market risk? 


Sam Clemons's picture

You're right.

They disable market risk by taking more risk on themselves.  Ironic.


"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works".
-- John Stuart Mill

dark pools of soros's picture

keeps 'em off the streets and from reading ZH

What does it all mean's picture

Why would any one "donate" to Japan, when they can just print or raise debt to pay for the whole thing themselves?

At least the BofJ needs to disclose how much and what they are doing with the money.  The Fed?  Nothing and no audits...

CheapKUNGFU's picture

Hahah, 'a flea circus of biblical proportions' - a coffee out my nose moment!

Boiler, you funny

All your fleas are belong to us, make your time... heh

Zero Govt's picture

this 'tab' the clowns (Jap Govt and BoJ) is running up is collosal ...but it does represent a great wealth transfer to investors happy to take the money and 'Exit Stage Right'

Dead cat bounce in place, now back to falling down the flight of stairs . . . 

Concentrated power has always been the enemy of liberty.'s picture

another day, another clown.  if you haven't seen the movie "idiocracy" then you should.  It's the missing link between today and Soylent Green.

Concentrated power has always been the enemy of liberty.'s picture

oh and if you want to know more about the symbiotic relationship termed diabesity, just look at our surgeon general's fat, block head, face.  She the pied piper of the twinky brick road....

alien-IQ's picture

and all for naught since the /NKD is now down about 100 points.

you'd think they could find better uses for the money than to prop up the financial markets? after all..they do have a country in need of a few repairs and it's not like the stock market is going to "pitch in" to help.

pods's picture

LMAO, I tried to watch the video of the semi-obese SG and there is a McDonald's ad before it!  

Oh the irony.


Cognitive Dissonance's picture

Or as Bonzai7 says in his latest post "All Hail the Quantitative Easer".

alien-IQ's picture

the /ES is testing the days highs again now. If it breaks above 1285 expect it to go full retard and we'll open tomorrow at or above if nothing ever happened.

Earthquake? Tsunami? Radiation Leak? Nuclear Plants blowing up? Nope. Never heard of it. BTFD and FTW.

Cognitive Dissonance's picture

Gold trying to break back above $1,400, but keeps getting slapped in the face. Sooner or later, of this I am certain.

Mr Lennon Hendrix's picture

The leverage the bankers are using to free up all of this cash must be coming from 'gold' reserves.  The global finance system must have gold on loan at at least one hundred to one by now.  If there was ever a time for a squeeze....

william the bastard's picture

Gold is down $35. Don't you need more Jim Beam?

william the bastard's picture

Gold is down $35. Don't you need more Jim Beam?

Mr Lennon Hendrix's picture

I had gold retesting support today, and it broke a little south of it.  No need to worry about gold.  It is always what it is.

RockyRacoon's picture

Might be interesting to follow this trial for a crystal ball view of the status of holding gold:

CoinWorld provides coverage of the trial of Bernard von NotHaus, creator of the Liberty Dollar.

Cognitive Dissonance's picture

My kind of guy.

Among the 75 exhibits presented by the prosecution were Liberty Dollars, a T-shirt screened "U.S. Mint can bite me!" and production items confiscated from the privately owned Sunshine Mint in Idaho, where Liberty Dollars were produced under contract.

Michael's picture

After the worlds central banksters finish buying up all the assets on the planet, what happens next?

"None are more hopelessly enslaved than those who falsely believe they are free."

Johann Wolfgang von Goethe
pods's picture

Great quote Michael, I use it all the time.

One of my other favorites:

"But again, truth be told, if you are looking for the guilty, you need only look into a mirror>"




TruthInSunshine's picture
Panicked residents start to flee Tokyo as radiation levels rise after THIRD blast at stricken nuclear power plant
  • Radiation leaking directly into the air from stricken Fukushima nuclear plant
  • Power station has now suffered three reactor explosions and one fire
  • One reactor core 'exposed to the atmosphere' through crack in containment wall
  • Radiation levels up to ten times higher than normal in Tokyo
  • Mass exodus

Boilermaker's picture

LMFAO, the gloves are off.

Let's LITERALLY make a fucking COMPLETE MOCKERY of the equities markets.

What the fuck...just DECLARE the fucking markets where they want it.

Ray1968's picture

Our market was a joke today. The talking-head Bozos can't get it straight. They keep talking about fundamentals and recovery... BULLSHIT. Its all about printing money. Period. End of story.

Ray1968's picture

Silver and gold had a mighty nice sale today. Wish I didn't blow my wad 2 weeks ago on silver.

Boilermaker's picture

Don't worry, they'll cornhole you on that also.  They'll just confiscate the stuff.

Ray1968's picture

They have to get past my Dirty Harry .44 Blow-yer-head-clean-off magnum first.

Lets_Eat_Ben's picture

sorry officer I just recently sold my gold and silver on CL. Why no, i don't have a receipt. I just traded money (Au,Ag) for "money" (truck-load of FRNs). No different than making change of $100k bill...right?

Boilermaker's picture

I see, Sir, now if you'll just step outside while we ransack your place, we'll be out of here in no time.

We haven't seen shit, yet.  This will be blow-your-fucking-mind bad.

tmosley's picture

Any attempt to do door to door searches for any form of contraband, especially something as harmless as gold or silver, will result in nothing but a bloodbath.  It's not really worth it.

Easier to just remonetize gold and seize it from the banks after the sheeple deposit their gold and silver there.

I don't think they are going to last long enough.  This IS the endgame.

AUD's picture

remonetize gold and seize it from the banks after the sheeple deposit their gold and silver there.

Yes, that is exactly what happened here in Australia in 1931 or '32. There was no grand edict requiring citizens to hand in their gold under penalty, the goverment just turned all bank deposits denominated in gold into deposits denominated in Pounds.


tmosley's picture

Talking about yourself again?  This is what makes your mother hate you.

william the bastard's picture

I'm fist fucking your mom's asshole and it's like a glass of water. What TF?

tmosley's picture

No you're not, I can hear you masturbating to the sound of your mother getting gang banged.


tmosley's picture

Look at you, you sloppy bitch, you can't even type.

What, did the boys get bored with Mommy and come into your room?

baby_BLYTHE's picture

^^^^^ x1000000009999999999

Lov ya, tmosley!

Best response all day