- advertisements -
Whatever works. Go for it. Rally on.
Geezus! What matters anymore? are TPTB really planning to crash everything and leave the earth? WTF?!?!
crash it yes. leave the earth, no... just take full control and eliminate the illusion of equality of mankind.
Rally on ? Fuck me its only $14. 297 TRILLION - tis but a scratch
(But I wouldn't mind 1%)
The amount is trivial until it is thought through
Then is give you instant dysentery.
Shat it out lads
It is such an important topic and ignored by so many, even professionals! I do enjoy writing but it just seems like the first 10 to 15 minutes are lost simply just trying to figure out how to begin. Dried Fruits and Nuts
WHOOPSY DAISY! Greek 10 year bond yields at 13%!!!!!!! No worries cause China will buy it up.....
Com'on Republicans! Raise the debt ceiling above 100% of the GDP! What are you waiting for?
As usual, those Treasuries were lapped up like cotton candy.
Bill Gross was probably buying, afraid of the TLT train leaving the station.
Funny thing happened on the way to adding up the debt. Since April 1 the government has added only 14 billion dollars to the debt, despite auctioning off a whole heck of a lot more in treasuries. Is it possible that the government is moving things around to allow time to raise the limit? (Naw, accounting shenanigans aren't tolerated by our government!)
It really doesn't matter, since 1) the limit will eventually be raised as our spineless elected congressmen give themselves enough time to "tackle the deficit issue" and 2) Government Debt will exceed GDP by September 30 anyway.
Tyler, thank you for this info. These are issues I continue to track closely.
Does anybody else here but me wonder if perhaps a significant contributing factor to yesterday and today's selloff is that there was no POMO today and yet the 3 year was sold today to mostly PDs who needed cash to buy the garbage because there was no POMO today to provide them that cash? Furthermore, the dollar had to be propped up like Uncle Bernie (Weekend at Bernie's) prior to the sale or else it would have been worse. Therefore, Goldmans Sacks had to beat down oil (fastest way to raise the dollar) so that they wouldn't have to spend so damn much money buying 3 year UST (stands for United States' Trash). Of course, PMs and commodities were hurt by this, but most show support levels as the people formerly known as those suckers buying 3 year treasuries are now known as those damned foreigners buying up commodities and PMs.
Please....this is my working thesis and I really would welcome any feedback, positive or negative. Thanks.
Well, they hit commodities, equities, and PMs... of course the auction's an 'A'... mission accomplished (with a few front running billions for the insiders as a bonus).
Time for a push to low double figures into the close... gotta paint the evening news report.
Is it true it's a bullet to the head for fraud in China?
PDs will just flip to the direct in a few days anyway
Where can we see schedule of treasury auctions for 1-3y bonds? Please advise
I am sure that would coincide with bond yields drops (while generaly rising) and market crashes for next year...
thx. let's see what will happen...
Wow. It is really sad when 32B in new debt barely qualfies as a rounding error to our total debt.
I read your post and I found it amazing. Your thought process is wonderful. Regards, moulin farine
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.