This page has been archived and commenting is disabled.
One Last Gasp
Markets go hyperbolic more often than we would like. The only predictable fact is that markets cannot continue to go hyperbolic indefinitely. I got a lot of flack for doubting the ability of bitcoin to continue its rocket trajectory, but in all bubbles comes a burst. The burst is usually more noteworthy than the rally.
The Nikkei is our newest darling:
The most interesting question is whether this is the beginning of the unraveling for Japan. Their 10 year yield has gone from 44bps to 85bps in a matter of a month and their stock market is overheating. Is this the result of effective central bank intervention or the spasms before the collapse?
»
- advertisements -
We're printing more than the japs by that much
What's so hard to understand about NIKKEI? It's bottomed out and now it'll continue to go higher as money goes out of the bond market into equities.
One last gasp? Tell that to the Zimbabweans during the start of hyperinflstion.
Blopper says the market still have much room to go higher, whether ZH likes it or not.
Some people have been waiting for the DOW to plunge for over 5000pts now. It will happen when it does. LOL.
The Nikkei couldn't possibly have a "spectacular crash" from 8,800.
It can now.
kyle bass..."On Japanese stocks - The people buying Japanese stocks, are picking up dimes in front of a bulldozer."
The crash explained.
http://seekingalpha.com/article/1437121-the-bernanke-agenda-it-isn-t-what-you-think-it-is?source=email_portfolio&ifp=0
There's only one big problem with that giant explanation.
It somehow still believes that you can solve a debt problem with more debt. It somehow assumes we have beaten deflation and it won't come back. That QE will work forever until a new global monetary system is established.
Basically... it believes that the FED can prove math wrong.
Eventually global yields on soverigns will rise and they will rise while recessionary conditions returned and the ability to fund our way out of it on a global basis will no longer be feasable.
That, and it expects citizens of all countries to just roll over and allow unelected international banksters control their destiny...from now on.
+1000
Great article. Thanks OpTwoMistic.
It's the best explanation of the insanity going on that I've read so far.
Ditto, long but very interesting thesis on current global financial situation...
Hard not to see gold price doubling by the end of the year with this first major domino going kaput, even given the directed propaganda out there.
I asked the Tyler's yesterday and I will ask again, it would be great to see a chart of gold priced in Japanese yen over this same time period...
this is what happens to a currency as it heads to the scrap bin.
a zillion yen for a big mac, plez; 2 zillion today? i'm hungry?i'll be back with 3 zillion ...
kyle lookin good in the neighborhood!
Fat Rich Cunts - The Screaming Jets
https://www.youtube.com/watch?v=L-ziNf7pP4I
Nice... can't wait to see them tumble and fall either...