- advertisements -
dollar death party, bitchez
Bernank set to self immolate any time now.
Bernanke is determined to exterminate retirees.
What's 1% of your $500k nest egg per year, grandma? You can live on $5k annually, can't you grandma? Just turn off the heat and electricity. You'll be fine. And if you need medicine, just stop taking it.
Thanks, Ben. At least you saved the banks ... before you threw the elderly under the bus.
Ben, the Knife has been sterilized and sharpened. Please Harikari, If not for yourself, for your countryman. Everyone makes mistakes and being that you were brainwashed by Ivy League schools where the textbooks have been scrubbed of all competing economic theories other than your beloved Keynesian bullshit by your paid off PHD department chairs, Please, at least pay tribute to Mauthus and off yourself.
Oh yes,and by the way, since you have made my highest denomination 100 dollar bills the equivelent of 2 dollars since my life began and my Grandfather had 1000 and 10,000 dollar bills he could legally tender before you guys decided that was way to much money for us smucks to have in our possession, you have made a nation that can now only carry nickels. Before you go and before the printers overload could you please add a few zeros to the money so I will quit tearing out my wallet from carrying such a wad around to have enough to actually fill my tank and buy a weeks groceries. Thanks, Feel free to put your ugly ass mug on it, and be sure and smile for the camera just so I will always remember you. I Know you have at least considered this, as I have noticed the nice fruity colors you have been adding to the currency lately to kinda get us warmed up to the idea of money that looks and acts like the Korean Won.
But hey those Buffalos you make are still cool, every one tells me I better sell em, but what do I know Im just a stupid Indian. I just like to keep them around to remember when you guys thought the best way to exterminate us was to kill all our food so we would starve. Now its my turn to watch you.
Let's hope so!
Any one who sold their Gold or Silver in the last days shake out, better get back in quick. This bus isn't going to wait around. Pretty sad that the S&P places Japan credit outlook to negative and the Dollar hits a fresh low. If the Dollar can't rally of that, well, what can it rally off?
I heard APMEX may have some silver. At least, they were trolling for the silver they just sold you.
Are the fucktards expecting some wording that will mean more qe today? Is that why markets are loving this?
Seriously, we thought the support at 74.20 would hold till the FOMC announcement. This should really indicate how the large FX trading desks view the future of US policy. As ZH already pointed out, the move to the CHF is not a move to a safe haven, given their half trillion exposure to USD. No place to hide, except gold really.
But but, deflationists like Ackerman or Prechter promised me Federal Reserve notes were the only thing to buy, I don't understand, how could people that smart be wrong?
Ackerman needs to read this: it is a personally aimed answer to his deflationist theories...
The dollar. It's where smart money goes to catch encephalitis.
Looks more like late stage syphilis to me....ya know, dementia, apathy, seizure et al....
You could well add Mish Shedlock to that list
Yes add Mish...when he isn't bashing unions
'We believe in a strong dollar policy'... a quote from every president that I can recall... and that is a bunch of them.
...right, it's a strong dollar for those who get the freshly printed ones first.
He doesn't bash unions.
He points out government unions are extortionists.
How's that fedgov pension looking now for you, douch?
"Any one who sold their Gold or Silver in the last days shake out, better get back in quick."
Is it ok if I buy some more GnS, even if I didn't sell any of mine this last week??
AUD 1.083 sheesh
time for another gold leg up
Black swan. Real money is already cashing out. Run long stops and smalls. 1.10 should cap it. Don't get greedy!
I have an unweighted (non- ICE)For newbees. Low of 73.68 DXY. 4-26-11 2@ 18:30 W.C.T +7
Given this move, DXY should hit the 60s this summer.
yes, things could be better. but the american people should not worry. your trust in your financial and political leadership is truly well placed, at this point in time. we are in charge.
we shall not fail you!
Show me a chart Rat Boy!? Talk is cheap!
tyler is in charge of charts, Y/C.
he seems very bullish on them.
i'm a bit wary of them, right now, and am hedging.
DOLLAR TO 68 IN 4 WEEKS!!
You Europeans make me laugh! Portugal,Spain,Ireland,Italy, Greece, and all of the Club Med team. Not to mention the OLD West Russian PERIPHERIES!
Why do you assume the US dollar, and the US economy on a larger scale, have anything to do with America and its values?
I'm sure I will regret this! What is your question or point? Is it the revaluation of Asian currencies? Is it Brazil? Is it just laziness? Is it just being a mental midget? Do you even have a question?
Every nation has the currency it deserves.
I sure hope it stays that way.
The Federal Reserve Note......... is The Rothschild Note. Die bitch, die. And take your faithful stooge Bernanke to hell with you.
Get ready to go to arms America.
Amen to the last part.
How is CHF backed by USD? You did not confuse USD for Gold, did you?
It isn't. Smart Question! It's a PROXY!
CHF are backed partially with Gold as far as I know...but I am always learning something new.
CHF is NOT backed by gold. SNB simply has huge gold reserves relative to the size of the currency float.
Now you're talkin!
Silver Undergoes 10% Correction As Dollar Poundage Resumes; Dollar-Backed Swiss Franc Now Flight To Safety
tyler points out they have $220 Bn. green stamp IOU's on their bankster balance sheet.
Basically the CHF is just another fiat currency. Maybe not as bad as Dollar or Euro, but no substitute for the Real assets.
And it can be put the way Tyler did, CHF is backed by all assets Swiss hold, including the IOU'S.
plus double the USD amount in EUR + 1000 tons Au, the issue is the comparative lack of "stuff" on the liability side of the balance sheet
Lest we not forget how the Swiss came to have lots of those dollars... Defending their currency with dollar purchases to maintain their export businesses.
iows... It's not like the Swiss thought the dollar was a good place to be...
Silver and gold aren't going up neither is the market it is a parabolic fall of the dollar that makes it appear that way .
You can actually say that gold is static and silver is going up, because the ratio is falling.
Hat tip to Jesse for posting this one... Definitely worth a read...
The silver buyers do include some billionaires, undoubtedly, but most of them are simply folks who watched Jeffrey Christian's testimony at the well publicized CFTC position limits hearing back on March 25, 2010, and came away with the distinct impression that a small group of London banks have been creating alchemic silver. The banks were ostensibly "selling" and then "storing" so-called "unallocated silver bars" for silver investors. In reality, they seem to have been maintaining a fractional banking system in which only one physical ounce is really purchased for every 100 ounces they supposedly sell."
Remainder of post here:http://jessescrossroadscafe.blogspot.com/2011/04/bankers-silver-scam-is-...
There's no billionaires buying silver. It's just little people with a simple message to ctfc. You're not so tough without your car are you bitch?
"there are no billionaires buying silver"
lol... A bit Amerocentric, are we?
There are billionaires the world over that are buying silver...along with the millions of non billionaires. It all adds up but the big boys are the heavy lifters in paper markets...and the Chinese are doing more than their fair share.
Little people don't buy COMEX contracts.
And people with meager 50 to 250 million net worths and 5 to 10 million bucks can wreck that place. I'm not being amerocentric. I'm telling you none of the "super stars" are doing this.
And just where do you think thousands of people buying a few coins here and there get it from? Does it wash down from the river to their coin shop? Does it grow on a tree in the back of the coin shop? Little people can get allllll over comex.
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.