• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Yen Surges: BOJ Intervention Watch At DefCon 1

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Tue, 06/07/2011 - 21:16 | 1349244 Canaduh
Canaduh's picture

A priest, a rabbi and three melted down nuclear reactors walk into a bar....

Tue, 06/07/2011 - 21:33 | 1349284 Cognitive Dissonance
Cognitive Dissonance's picture

With or without all their fuel rods.

Hey.....it makes a difference.

Tue, 06/07/2011 - 22:10 | 1349421 Enceladus
Enceladus's picture

Yep their rods were exposed

Wed, 06/08/2011 - 00:23 | 1349670 Urban Roman
Urban Roman's picture

To underage girls?

Wed, 06/08/2011 - 01:08 | 1349725 Breaker
Breaker's picture

Only on twitter.

Wed, 06/08/2011 - 01:34 | 1349746 Fish Gone Bad
Fish Gone Bad's picture

A priest, a rabbi and three melted down nuclear reactors walk into a bar....

"Ouch!", they exclaimed.  Then they all had ice cream.

The end.

Tue, 06/07/2011 - 21:45 | 1349325 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

I want to hear the punchline...Anyone?

Tue, 06/07/2011 - 21:50 | 1349354 blunderdog
blunderdog's picture

Priest orders some blood of Christ.  Rabbi orders some Manichewitz. 

The reactors say, "It's coming on three fucking months drinkin' with these two assholes, if I'm not quenched soon, no one gets out alive!"

Tue, 06/07/2011 - 22:19 | 1349431 Orly
Orly's picture


Excellent job!


Wed, 06/08/2011 - 14:52 | 1351854 gmrpeabody
gmrpeabody's picture

So the bartender says..."I hopes all of you left your rods at the door".

Tue, 06/07/2011 - 22:04 | 1349394 Cheesy Bastard
Cheesy Bastard's picture

...The bartender looks up and says "what is this, some kind of joke?'

Tue, 06/07/2011 - 22:29 | 1349458 LowProfile
LowProfile's picture

The reactor says "Joke?  That's on you, motherfucker." and promptly spews cesium on him.

Wed, 06/08/2011 - 02:39 | 1349792 Roaming Uranus ...
Roaming Uranus Looking For Klingons's picture


Tue, 06/07/2011 - 21:46 | 1349336 gwar5
gwar5's picture

...walk into a bar...

The bartender asks the priest, "Well, what'll it be?"

Priest: "Gallon of Irish Whiskey and a glass."

Rabbi: "A whole keg of Manaschevitz red wine and a Kosher pickle."

Three Nuclear Reactors: "3 million gallons of your coldest water, 3 firehoses, and your utmost discretion."







Wed, 06/08/2011 - 01:31 | 1349747 phungus_mungus
phungus_mungus's picture

Shouldn't that be an earthquake, a tsunami and three melted down nuclear reactors walk into a bar....

Wed, 06/08/2011 - 01:32 | 1349748 Fish Gone Bad
Fish Gone Bad's picture


Tue, 06/07/2011 - 21:20 | 1349245 Yen Cross
Yen Cross's picture

I'm all over that one BOB!

Tue, 06/07/2011 - 21:17 | 1349246 Turd Ferguson
Turd Ferguson's picture

Wow, I thought only PMs had charts that looked like that.

Tue, 06/07/2011 - 21:32 | 1349283 sabra1
sabra1's picture

thought that was weiner's vid snapshot!

Tue, 06/07/2011 - 21:59 | 1349388 serotonindumptruck
serotonindumptruck's picture

In a parabolic inverse curve?

Tue, 06/07/2011 - 23:13 | 1349564 Yen Cross
Yen Cross's picture

 I'm watching a parabolic h-1 SAR. Mixing it with the oversold moving average.

Tue, 06/07/2011 - 21:42 | 1349311 Cheesy Bastard
Cheesy Bastard's picture

Wow, I thought only women with PMS had charts that looked like that.

Tue, 06/07/2011 - 22:40 | 1349500 New Survivalist
New Survivalist's picture

Who the fuck junks you, Turd?


Must have some crybaby stalkers that got spanked on your blog.

Wed, 06/08/2011 - 02:38 | 1349794 Roaming Uranus ...
Roaming Uranus Looking For Klingons's picture

New Survivalist = New Baffoon.  Now have a nice week you idiot.

Wed, 06/08/2011 - 04:19 | 1349875 Vlad Tepid
Vlad Tepid's picture

Since you KEEP using the word to insult people, I must point out that the word you're trying to use is "buffoon." As in "Roaming Uranus is a seemingly illiterate, pontificating buffoon."  Is it easier to understand when I use it in a sentence?

Wed, 06/08/2011 - 15:08 | 1351934 gmrpeabody
gmrpeabody's picture

Well played, sir!

Tue, 06/07/2011 - 21:18 | 1349249 progro
progro's picture

DOW futures dropped too...

Tue, 06/07/2011 - 22:06 | 1349304 TruthInSunshine
TruthInSunshine's picture

This isn't supposed to happen. Clearly, there's a serious glitch in the Matrix.

Algorithm was supposed to be USD lower = Equity indexes higher = American Living Standards into the sewer* ad infinitum.

Two out of the three is going to cause absolute chaos. All three need to click precisely, lest it all comes unwound at the seams. It's akin to a slightly 'off' centrifuge (loaded with highly enriched plutonium).

Kyle Bass is beaming confidently in speaking of the literal end of Japan as it's been known for at least 60 years, as in total economic implosion.

Wed, 06/08/2011 - 00:20 | 1349661 Yen Cross
Yen Cross's picture

 to, and cash forwards are flat!

Tue, 06/07/2011 - 21:18 | 1349250 camoes
camoes's picture

Don't worry BOJ will flood with liquidity, free money bitchez!

Tue, 06/07/2011 - 21:26 | 1349268 gwar5
gwar5's picture

Like da free munny!

Tue, 06/07/2011 - 21:22 | 1349252 progro
progro's picture

Dow futures dropped too...

Tue, 06/07/2011 - 21:20 | 1349253 Yen Cross
Yen Cross's picture

 Intervention? Ohh an exporters nightmare! The option @ 79.4 needs to get touched! (FIRST)

Tue, 06/07/2011 - 21:28 | 1349273 Yen Cross
Yen Cross's picture

worthless person that keeps junking me! Show your face. Loser!

Tue, 06/07/2011 - 21:55 | 1349363 blunderdog
blunderdog's picture

Only pussies cry about being junked.

Tue, 06/07/2011 - 22:00 | 1349390 buzzsaw99
buzzsaw99's picture

you don't know how right you are. Consider yourself junked as well.

Tue, 06/07/2011 - 23:18 | 1349573 Yen Cross
Yen Cross's picture

 So blunder, what is your trade? Ya gonna pump and dump the usd in Europe, or Asia?

Wed, 06/08/2011 - 00:26 | 1349675 blunderdog
blunderdog's picture

I nibble at tiny bits, not enough working capital to play with 4x just yet.  Tomorrow I'll probably buy some SDS and dump it at the end of the day.

I'm not much of a trader, so if you're trying to compare dick size, you've got the wrong guy.  I actually have to work for a living.  That doesn't change the fact that I think you're a clown, and a pussy for crying about being junked.  It's 20 bullshit posts from you for each one that has anything to do with the topic or expresses a coherent thought.

Wed, 06/08/2011 - 02:49 | 1349802 Roaming Uranus ...
Roaming Uranus Looking For Klingons's picture

Yen -- I told you to stop being a blowhard. 

Every single time somebody slams your lil dick in the dirt, you start screaming about what is your trade, what is your trade. 

How about you have no trades, because if you did you wouldnt be searching the advice of a bunch of baffoons.  That is why i said that Yen Crosser = Bafoon.  Stop pandering to fools, which makes you a fool. 

A good lesson for you -- now sit down, zip it up, listen and learn, and you can give me thanks at your leisure. 

Have a good week..........

Wed, 06/08/2011 - 00:25 | 1349672 Yen Cross
Yen Cross's picture

 Coming from a PUSSY?! You are pathetic.  YEN CROSS.


    I never Junked you!

Wed, 06/08/2011 - 00:27 | 1349676 blunderdog
blunderdog's picture

Thank you so much for your thoughtful and considered response.

Tue, 06/07/2011 - 21:59 | 1349385 buzzsaw99
buzzsaw99's picture

i junked you too. Rule #1) We do not talk about people touching our junk on here. ;)

Wed, 06/08/2011 - 04:50 | 1349901 cossack55
cossack55's picture

SAY WHAT?  The Bernank has been touching everyones junk for years.  Oh, unless you mean junk in a Weiner-kind-of-way.

Wed, 06/08/2011 - 00:14 | 1349659 Yen Cross
Yen Cross's picture

  usd/jpy is compressing. look@ rsi and stochastics.

Tue, 06/07/2011 - 23:40 | 1349605 fswalker
fswalker's picture

Option / long retail positions will need to be wiped before Yen will loose its strength and reverse. Cheers for the heads up on the option barrier.

Tue, 06/07/2011 - 21:19 | 1349254 buzzsaw99
buzzsaw99's picture

the bernank is pleased.

Tue, 06/07/2011 - 21:22 | 1349256 pragmatic hobo
pragmatic hobo's picture

tomorrow could be ugly ...

Tue, 06/07/2011 - 21:20 | 1349260 camoes
camoes's picture

Something is going on with copper as well, maybe Blythe is switching to Dr.C to raid?

Tue, 06/07/2011 - 22:11 | 1349410 Dapper Dan
Dapper Dan's picture

ISTANBUL—China is likely to pick up its copper purchases in the second quarter, at a time when global supplies of the metal are forecast to be in a deficit of 500,000-600,000 metric tons.

The combination is likely to result in even high copper prices, executives at an international metals conference said Thursday. Copper prices recently hit all-time highs, reaching above $10,000 a metric ton in London and topping $4.60 a pound in New York.


Me thinks they are going to coin it, they purchased  much more in 2009.

Tue, 06/07/2011 - 21:21 | 1349262 Id fight Gandhi
Id fight Gandhi's picture

Must print more yen. Stop Godzilla

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