This page has been archived and commenting is disabled.

Bill Gross On "New Form Capitalism"

Tyler Durden's picture





 

When even a "bond king" says the stock market is broken, is it not time for "the retail investor is coming back" cheerleaders to finally throw in the towel?

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 02/14/2013 - 11:45 | Link to Comment NEOSERF
NEOSERF's picture

I've been commenting elsewhere on this for over a year...first hour, then melt to a level and it just doesn't move til the last 15 minutes...has an ebay auction feel to it where the first hour digests the nights headlines and the last 15 minutes positions in front of tonights potential headlines or day traders gettting out with their melt up wins...

Thu, 02/14/2013 - 11:51 | Link to Comment redpill
redpill's picture

Bill didn't seem to complain as much when he was making easy money on treasuries.

Thu, 02/14/2013 - 11:59 | Link to Comment Whiteshadowmovement
Whiteshadowmovement's picture

+1

Thu, 02/14/2013 - 12:53 | Link to Comment TruthInSunshine
TruthInSunshine's picture

 NEOSERF wrote that "has an ebay auction feel to it..."

Especially when The Bernank keeps hitting the "buy now" button rather than placing any bids.

It's a Virtuous Circle, bitchez! CRM, PCLN, AMZN and more, bitchez! They're not idiotically expensive, rather, you're analysis is wrong.

Thu, 02/14/2013 - 12:55 | Link to Comment NotApplicable
NotApplicable's picture

So... I take it El-Erian didn't notify him about the "New Normal?"

Thu, 02/14/2013 - 13:15 | Link to Comment fourchan
fourchan's picture

the matrix is the new market.

Thu, 02/14/2013 - 13:21 | Link to Comment balolalo
balolalo's picture

Algo-capitalism.   Machines vs machines, all of them waiting to get the last shot in before the bell. 

We're all either collateral or collateral damage in this system.

Thu, 02/14/2013 - 11:51 | Link to Comment camaro68ss
camaro68ss's picture

capitalism defined by stock trades now, ok

Thu, 02/14/2013 - 11:53 | Link to Comment 101 years and c...
101 years and counting's picture

bill was simply being nice.  he didnt want to piss off too many people by actually saying "Communism".  which is where we now are.

Thu, 02/14/2013 - 11:55 | Link to Comment Tsar Pointless
Tsar Pointless's picture

Communism?

Dumbest comment of the day. And it's not even 11 am here in the Eastern US.

Communism? You need to take a course in political thought and theory, pal.

Thu, 02/14/2013 - 12:09 | Link to Comment otto skorzeny
otto skorzeny's picture

sure-it's soviet communism-only the juiced in memebrs of the Politburo enjoy the privileges and and black Zil limos and get the best dachas (or in the US's case-the Hamptons).

Thu, 02/14/2013 - 12:09 | Link to Comment Tsar Pointless
Tsar Pointless's picture

Sure - its relatable to Soviet Comminism, perhaps.

But not REAL communism.

I know the difference.

Thu, 02/14/2013 - 12:11 | Link to Comment otto skorzeny
otto skorzeny's picture

enlighten us oh wise when-we yearn for your knowledge-let it gush forth from you like a font.

Thu, 02/14/2013 - 12:15 | Link to Comment Tsar Pointless
Tsar Pointless's picture

Are you 12?

Thu, 02/14/2013 - 12:17 | Link to Comment otto skorzeny
otto skorzeny's picture

no fucko-but by you saying you know the difference like the rest of us don't makes you sound like a fucking know-it-all. no one accused you of not knowing the difference-but then again- no one cares if you do.

Thu, 02/14/2013 - 12:20 | Link to Comment Tsar Pointless
Tsar Pointless's picture

Well, I care when I see idiots using terms such as "communism" or "socialism" to describe our systems of government or economics.

It infuriates me. And these people are allowed to vote and breed.

And I don't care that you don't care if I do know the difference.

No skin off my back.

Thu, 02/14/2013 - 12:31 | Link to Comment Panafrican Funk...
Panafrican Funktron Robot's picture

"It infuriates me."

"No skin off my back."

Holy jesus the mood swings my friend.  

Thu, 02/14/2013 - 13:27 | Link to Comment Not Too Important
Not Too Important's picture

There is only the .0001%, and the rest of us. Whatever -ism that falls into, I'm not sure.

But I don't like it.

Thu, 02/14/2013 - 13:28 | Link to Comment Raymond Reason
Raymond Reason's picture

It's the same people that ran the USSR, or rather their protoges, but rather than overt price control, covert manipulation is used.  Rather than killing priests, televangelists are installed.  I don't think we'll get to the Gulog phase.  Soviets had a sugar Daddy in Uncle Sam...there are no more sugar daddies.  Besides, Americans are the most heavily armed citizens in the world.  This is the end of the line for the Stalinists. 

Thu, 02/14/2013 - 15:45 | Link to Comment tbone654
tbone654's picture

Don't be so sure of that...  End of line for the Stalinists...  Just because we are armed, doesn't mean we have the guts to stand up and shoot...  After all, it's not that bad, yet...  And the pot is just starting to boil, and we the frog are just fine so far...

Thu, 02/14/2013 - 15:51 | Link to Comment tbone654
tbone654's picture

50 years since this event listed below and 50 years in June since Supreme Court upheld the ban on "prayers in school"...

100 years since Federal Income taxes and the Fed were created to snatch liberty from all americans...

This country has been on a road to communism for over 100 years...  Pay attention...

___________________________________

The Communist Takeover Of
America - 45 Declared Goals
From Greg Swank
12-4-2

You are about to read a list of 45 goals that found their way down the halls of our great Capitol back in 1963. As you read this, 39 years later, you should be shocked by the events that have played themselves out. I first ran across this list 3 years ago but was unable to attain a copy and it has bothered me ever since. Recently, Jeff Rense posted it on his site and I would like to thank him for doing so. http://www.rense.com
 
Communist Goals (1963) Congressional Record--Appendix, pp. A34-A35 January 10, 1963
 
Current Communist Goals EXTENSION OF REMARKS OF HON. A. S. HERLONG, JR. OF FLORIDA IN THE HOUSE OF REPRESENTATIVES Thursday, January 10, 1963 .
 
Mr. HERLONG. Mr. Speaker, Mrs. Patricia Nordman of De Land, Fla., is an ardent and articulate opponent of communism, and until recently published the De Land Courier, which she dedicated to the purpose of alerting the public to the dangers of communism in America.
 
At Mrs. Nordman's request, I include in the RECORD, under unanimous consent, the following "Current Communist Goals," which she identifies as an excerpt from "The Naked Communist," by Cleon Skousen:
 
[From "The Naked Communist," by Cleon Skousen]
 
1. U.S. acceptance of coexistence as the only alternative to atomic war.
 
2. U.S. willingness to capitulate in preference to engaging in atomic war.
 
3. Develop the illusion that total disarmament [by] the United States would be a demonstration of moral strength.
 
4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.
 
5. Extension of long-term loans to Russia and Soviet satellites.
 
6. Provide American aid to all nations regardless of Communist domination.
 
7. Grant recognition of Red China. Admission of Red China to the U.N.
 
8. Set up East and West Germany as separate states in spite of Khrushchev's promise in 1955 to settle the German question by free elections under supervision of the U.N.
 
9. Prolong the conferences to ban atomic tests because the United States has agreed to suspend tests as long as negotiations are in progress.
 
10. Allow all Soviet satellites individual representation in the U.N.
 
11. Promote the U.N. as the only hope for mankind. If its charter is rewritten, demand that it be set up as a one-world government with its own independent armed forces. (Some Communist leaders believe the world can be taken over as easily by the U.N. as by Moscow. Sometimes these two centers compete with each other as they are now doing in the Congo.)
 
12. Resist any attempt to outlaw the Communist Party.
 
13. Do away with all loyalty oaths.
 
14. Continue giving Russia access to the U.S. Patent Office.
 
15. Capture one or both of the political parties in the United States.
 
16. Use technical decisions of the courts to weaken basic American institutions by claiming their activities violate civil rights.
 
17. Get control of the schools. Use them as transmission belts for socialism and current Communist propaganda. Soften the curriculum. Get control of teachers' associations. Put the party line in textbooks.
 
18. Gain control of all student newspapers.
 
19. Use student riots to foment public protests against programs or organizations which are under Communist attack.
 
20. Infiltrate the press. Get control of book-review assignments, editorial writing, policy-making positions.
 
21. Gain control of key positions in radio, TV, and motion pictures.
 
22. Continue discrediting American culture by degrading all forms of artistic expression. An American Communist cell was told to "eliminate all good sculpture from parks and buildings, substitute shapeless, awkward and meaningless forms."
 
23. Control art critics and directors of art museums. "Our plan is to promote ugliness, repulsive, meaningless art."
 
24. Eliminate all laws governing obscenity by calling them "censorship" and a violation of free speech and free press.
 
25. Break down cultural standards of morality by promoting pornography and obscenity in books, magazines, motion pictures, radio, and TV.
 
26. Present homosexuality, degeneracy and promiscuity as "normal, natural, healthy."
 
27. Infiltrate the churches and replace revealed religion with "social" religion. Discredit the Bible and emphasize the need for intellectual maturity, which does not need a "religious crutch."
 
28. Eliminate prayer or any phase of religious expression in the schools on the ground that it violates the principle of "separation of church and state."
 
29. Discredit the American Constitution by calling it inadequate, old-fashioned, out of step with modern needs, a hindrance to cooperation between nations on a worldwide basis.
 
30. Discredit the American Founding Fathers. Present them as selfish aristocrats who had no concern for the "common man."
 
31. Belittle all forms of American culture and discourage the teaching of American history on the ground that it was only a minor part of the "big picture." Give more emphasis to Russian history since the Communists took over.
 
32. Support any socialist movement to give centralized control over any part of the culture--education, social agencies, welfare programs, mental health clinics, etc.
 
33. Eliminate all laws or procedures which interfere with the operation of the Communist apparatus.
 
34. Eliminate the House Committee on Un-American Activities.
 
35. Discredit and eventually dismantle the FBI.
 
36. Infiltrate and gain control of more unions.
 
37. Infiltrate and gain control of big business.
 
38. Transfer some of the powers of arrest from the police to social agencies. Treat all behavioral problems as psychiatric disorders which no one but psychiatrists can understand [or treat].
 
39. Dominate the psychiatric profession and use mental health laws as a means of gaining coercive control over those who oppose Communist goals.
 
40. Discredit the family as an institution. Encourage promiscuity and easy divorce.
 
41. Emphasize the need to raise children away from the negative influence of parents. Attribute prejudices, mental blocks and retarding of children to suppressive influence of parents.
 
42. Create the impression that violence and insurrection are legitimate aspects of the American tradition; that students and special-interest groups should rise up and use ["]united force["] to solve economic, political or social problems.
 
43. Overthrow all colonial governments before native populations are ready for self-government.
 
44. Internationalize the Panama Canal.
 
45. Repeal the Connally reservation so the United States cannot prevent the World Court from seizing jurisdiction [over domestic problems. Give the World Court jurisdiction] over nations and individuals alike.
 
Note by Webmaster: The Congressional Record back this far has not be digitized and posted on the Internet.
 
It will probably be available at your nearest library that is a federal repository. Call them and ask them. Your college library is probably a repository. This is an excellent source of government records. Another source are your Congress Critters. They should be more than happy to help you in this matter. You will find the Ten Planks of the Communist Manifesto interesting at this point.
 
Webmaster Forest Glen Durland found the document in the library.
 
Sources are listed below.
 
Microfilm: California State University at San Jose Clark Library, Government Floor Phone (408)924-2770 Microfilm Call Number: J 11.R5
 
Congressional Record, Vol. 109 88th Congress, 1st Session Appendix Pages A1-A2842 Jan. 9-May 7, 1963 Reel 12
 
1963- The Year That Changed America
 
By Greg Swank
12-4-2
Over the years, I have shared in debates and discussions regarding the current state of affairs in the U.S., and the changing social climate of this great nation. Since the "baby-boomer" generation, society and its culture have become noticeably different than the way it was 50 years ago. From the late 50's to the 70's a series of events took place contributing to the way we are currently living. However, like anything else, there has to be a starting point at which the wheels are put into motion. Sometimes it can be a single event, such as war, but more often, it is a series of events, some intentional, some planned, others unpredictable. There is always a pivotal point when things begin to change. I believe that time was 1963.
 
For my generation, some of the following will certainly stir old memories. If you born later, this may serve as a brief history lesson into the times your parents traveled through.
 
By 1963 television was the leading sources of entertainment. The public enjoyed a different type of programming back then. Lessons on life could be viewed weekly on "Leave it to Beaver" or "My Three Sons." There were hero's back then that never drew blood, "The Lone Ranger" and "The Adventures of Superman." Cartoon series evolved, such as, "The Flintstones" and "The Jetsons" without messages of empowering the children, using vulgarities or demeaning parental guidance. Family's could spend a weekend evening watching "Ed Sullivan," "Bonanza" or "Gunsmoke." For those who enjoyed thrill and suspense, we were blessed with "Alfred Hitchcock Presents" and the "Twilight Zone." 'My Favorite Martian," "Ozzie and Harriet," "Donna Reed" and "Sea Hunt" also kept viewers entertained weekly.
 
Movie theaters were not multiplex units with 15 screens, rather, one single, giant big screen with adequate sound and hard seats without springs. "Tom Jones" had won the Academy award for best picture. "How The West Was Won," "Cleopatra," "Lily of the Fields," "The Great Escape," "The Birds," and "It's a Mad, Mad, Mad, Mad World" were all box office hits.
 
By years end, "The Beatles" had played for the British Royal Family and were laying the groundwork to conquer the U.S. the following year. Eric Clapton began his journey to fame with Jeff Beck, Jimmy Page, Jim McCarty and their band, "The Yardbirds." Out on the west coast the surf was beginning to rock'n'roll with "The Beach Boys" and their first song to reach the top ten list, "Surfin' U.S.A."
 
"Joys of Jell-O" recipes for quivering florescent foodstuff hit the stores. U.S. Postal rates went up to five cents for the first ounce. AT&T introduced touch-tone telephones. The Yankees played in the World Series again; but lost to the Dodgers in four straight. The government and NASA began the Apollo program.
 
This is just a brief snapshot of some things that were going on back in 1963. Remember?
 
While some of these events played an important role in the direction of change that affect us today, many of them were lost to much greater, more political events, that I believe put everything into motion.
 
On January 10, 1963, the House of Representative and later the Senate began reviewing a document entitled "Communist Goals for Taking Over America." It contained an agenda of 45 separate issues that, in hindsight was quite shocking back then and equally shocking today. Here, in part, are some key points listed in that document.
 
4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.
 
5. Extension of long-term loans to Russia and Soviet satellites.
 
8. Set up East and West Germany as separate states.
 
11. Promote the U.N. as the only hope for mankind.
 
13. Do away with all loyalty oaths.
 
16. Use technical decisions of the courts to weaken basic American institutions by claiming their activities violate civil rights.
 
23. Control art critics and directors of art museums. "Our plan is to promote ugliness, repulsive, meaningless art."
 
24. Eliminate all laws governing obscenity by calling them "censorship" and a violation of free speech and free press.
 
25. Break down cultural standards of morality by promoting pornography and obscenity in books, magazines, motion pictures, radio, and TV.
 
26. Present homosexuality, degeneracy and promiscuity as "normal, natural, healthy."
 
27. Discredit the Bible and emphasize the need for intellectual maturity, which does not need a "religious crutch."
 
28. Eliminate prayer or any phase of religious expression in the schools on the ground that it violates the principle of "separation of church and state."
 
40. Discredit the family as an institution. Encourage promiscuity and easy divorce.
 
44. Internationalize the Panama Canal.
 
You can see the entire list on this web page - http://www.truthtrek.net/politics/takeover.htm
 
Now, I am not saying that the U.S. is under some kind of Communist control, but what I do find frightening, is of the 45 issues listed, nearly all of them have come to pass. Remember this was in January 1963.
 
In 1963 the news media showed women burning their bras as the women's liberation movement took off with the publishing of "The Feminine Mystique" by Betty Friedan. Martin Luther King was jailed in April and civil unrest was being brought to the forefront. On August 28th the media brought us live coverage of the march on Washington and Dr. Kings famous "I had a dream" speech. The Cuban missile crisis found its way in to our homes and our nation was gearing up for conflict.
 
By September of 1963 we had lost some very influential people, Pope John XXIII, Robert Frost, and country legend Patsy Cline, to name a few. In the early hours of November 22nd we learned of the quiet passing of C.S. Lewis and hours later we were brought to our knees when President John F. Kennedy was assassinated and our nation mourned.
 
So you see, while long since forgotten, 1963 could very well have been, one of the most important years since our founding fathers provided us with the Constitution of the United States. Which brings me to one final and extremely important decision that was made during this most provocative year.
 
On June 17, 1963 the U.S. Supreme Court concluded that any Bible reciting or prayer, in public schools, was deemed unconstitutional.
 
While American's have endured great prosperity over the past 40 years we have also lost our moral compass and direction. In reviewing the research, data supports 1963 as a focal point, demonstrating a downward slope in our moral and social decline through 2001.
 
Certainly, one would have to agree that all of these events have had a profound impact on the way our current social structure has been changed. Personally, if I had to choose one specific event that has demonstrated the demoralization of our country, it would have to be the decision of the U.S Supreme Court in June of 1963.
 
But there is always "hope." As always, I welcome your comments and can easily be reached. Thanks for the response to "Daddy, What's Fluoride?" My email is: greg@truthtrek.net
 
Comment
 
From Founders' America
foundersamerica@hotmail.com
12-7-2
 
Jeff...adding a couple of my own numbers:
 
__ 46. Import anti-white racists from the Third World, via an open-borders policy, then force their integration to divide and conquer white Western civilization in North America.
 
 
__ 47. Feminize and disarm both the citizenry and military; especially disarm white males.
 
Founders' America
P.O. Box 71024 Richmond, Va
23255

Thu, 02/14/2013 - 16:30 | Link to Comment falak pema
falak pema's picture

you don't really believe this rancid mythology of "free" white america? 

If you do, you don't deserve that lady that the old world gave you with the torch held high on Statten Island. 

You're beyond reason, you're in a world of Supercalifragilisticexpialidocious irreality, of another fantasy world full of nightmares. 

There are nightmares and nightmares; but that's another story. 

Thu, 02/14/2013 - 16:42 | Link to Comment tbone654
tbone654's picture

no... just focussed on the content, not the commentary...

Thu, 02/14/2013 - 14:30 | Link to Comment Offthebeach
Offthebeach's picture

Does " New Economic Policy " ring any bells?

( Granted, what did V. I. know about Communism? )

Thu, 02/14/2013 - 21:50 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

holy crap. 21 idiots down-arrowed you because they think Fascism (actual) is Communism (which isn't happening)

Thu, 02/14/2013 - 15:14 | Link to Comment kchrisc
kchrisc's picture

I love these "communism" people.

They'll be saying it even when the fascists show up to take them away.

The best are the Obama haters (I hate them all, equally) who run around bashing his regime as communist or socialist when everything that they have done, including Obamacare, is fascist.

 

hujel

Thu, 02/14/2013 - 11:52 | Link to Comment Everybodys All ...
Everybodys All American's picture

It's the same playbook day after day. Like the Fed has a program running in the background controlling everthing. Nah, they wouldn't do that would they.

Thu, 02/14/2013 - 12:09 | Link to Comment dracos_ghost
dracos_ghost's picture

I believe it's called Kevin Henry.

Thu, 02/14/2013 - 12:20 | Link to Comment max2205
max2205's picture

underlying volitility is huge...everday i see lots of 5 - 25% moves durning the day.

Gross must be looking at this market the wrong way...from a boring bond trader eyes

Thu, 02/14/2013 - 12:33 | Link to Comment Doomer
Doomer's picture

He was talking about the market as a whole, not individual stocks, which I assume is what you are referring to.

Thu, 02/14/2013 - 12:09 | Link to Comment you enjoy myself
you enjoy myself's picture

has there been a safer, more profitable trade than buying SPY calls anytime you see red intra-day?  it doesn't even matter what news came out - it always reverts to green.  do ben and timmy understand that that kind of blatant manipulation actually scares retail instead of inspiring confidence?  stable systems don't keep moving in the same direction, every single day, no matter what.  there's not even a 0.5% down day allowed anymore?

Thu, 02/14/2013 - 12:21 | Link to Comment Everybodys All ...
Everybodys All American's picture

Every index has traded in the exact same manner for as long as QE has been in play. Which leads me to one conclusion and that is that a large program is in place encompassing the whole market. Otherwise it's virtually impossible to see this little divergence or lack of randomness in total day after day after frickin day.

Thu, 02/14/2013 - 12:37 | Link to Comment Doomer
Doomer's picture

It is called free money for primary dealers.

 

Thu, 02/14/2013 - 11:45 | Link to Comment DC3
DC3's picture

Gettin Jiggy wit it

Thu, 02/14/2013 - 11:47 | Link to Comment francis_sawyer
francis_sawyer's picture

CNBC watchers will require more nudity to keep from losing what's left of their audience...

Thu, 02/14/2013 - 11:54 | Link to Comment camaro68ss
camaro68ss's picture

More cleavage and shorter miniskirts in the middle of winter, Ill watch

Thu, 02/14/2013 - 11:56 | Link to Comment azzhatter
azzhatter's picture

Mandy Drury topless show may spark some viewership.

Thu, 02/14/2013 - 12:04 | Link to Comment Mad Mohel
Mad Mohel's picture

That's the kinda broad that you'd eat a mile of her shit just to see the source.

Thu, 02/14/2013 - 12:13 | Link to Comment otto skorzeny
otto skorzeny's picture

pleeease-she'd got a penis. althought i would lick Diana Olick.

Thu, 02/14/2013 - 12:34 | Link to Comment Mad Mohel
Thu, 02/14/2013 - 12:48 | Link to Comment francis_sawyer
francis_sawyer's picture

Bring back Liz Claman & hang her dairies out on the news desk... See if Joe Kernen could keep a straight face... Now THAT'S entertainment!

~~~

Time to go full scale "Idiocracy"

Thu, 02/14/2013 - 15:06 | Link to Comment Mad Mohel
Mad Mohel's picture

Just for you pal, it's a good one. http://www.mediabistro.com/fishbowldc/files/2011/08/liz_claman_8_good_one.jpg

"Go away, batin!"

Thu, 02/14/2013 - 12:00 | Link to Comment toady
toady's picture

Yep. If the content gets any more stale they'll need to go 'naked news' to spice it up a bit.

Maybe bring ib Sienfeld to punch up the comic retorts.

Thu, 02/14/2013 - 11:47 | Link to Comment Cdad
Cdad's picture

...and this is Ben Bernanke's plan.  Bid lift the Russell and...presto...100 years of monetary incompetence will go away.  And all for the low low price of $5 trillion?  Or is it $10 trillion.  More? MOOOOOOAAAARRRRR!

Thank you, Ben Bernanke, for this wasteland you have created for us.

Thu, 02/14/2013 - 11:59 | Link to Comment SheepDog-One
SheepDog-One's picture

$30 trillion! $40 trillion! Who really knows what destruction the Maniacal Monetizers have really done to us, just to save their own hides a bit longer! 

Soon, they'll be talking $10 trillion per month just to keep this present bullshit 'New Normal' afloat!

Thu, 02/14/2013 - 11:47 | Link to Comment valley chick
valley chick's picture

who needs a market when you are betting against debt?

Thu, 02/14/2013 - 13:04 | Link to Comment sbenard
sbenard's picture

Your comment reminds me of this one:

Who needs a market (or an economy)? We have PRINTED prosperity now!

Thu, 02/14/2013 - 11:52 | Link to Comment youngman
youngman's picture

The gold and silver markets are exciting..someone has a new HFT computer...

Oh and they are selling 30 Year bonds today...yeah thats it...sell gold by a USA 30 year bond...all is good.......

Disclaimer..I have all my gold and silver on a Carnival Cruise ship

Thu, 02/14/2013 - 11:53 | Link to Comment scatterbrains
scatterbrains's picture

you can see them struggling to hold the gold beach ball under the water today.

Thu, 02/14/2013 - 11:53 | Link to Comment ekm
ekm's picture

Bill Gross and Ray Dalio and George Soros are the top three predators of the financial world.

 

It's obvious that the market has run out preys, because the Gof/Fed/Primary Dealers OWN EVERYTHING by use of QEs.

 

HFT is dying because there's nothing left in the market to trade.

The problem is that Bill Groos is afraid that he might get out of business also, since there's nothing left to trade. All suckers are sucked out.

 

Poor Bill, QEs took the suckers away from him. He's suffering. No preys available. Poor Bill.


Thu, 02/14/2013 - 12:40 | Link to Comment dark pools of soros
dark pools of soros's picture

lots of 401ks sitting in the pond...  i just read they are at all time highs again..  must be the only real sign a crash is locked and loaded.. 

so now they can wait for a reason to cause the next crisis that they won't waste

 

Thu, 02/14/2013 - 13:38 | Link to Comment ekm
ekm's picture

I thought the same way,

However,I can't see how by plundering pension plans, they'll be able to unload all the shit they have.

Not enough, IMO.

 

The predators are stuck.

Thu, 02/14/2013 - 11:51 | Link to Comment Confundido
Confundido's picture

Just had the 10:30am slide....it appears the 8:20am didn't work in taking out $1,638/oz and now it must needs to definitely get it to $1,625...followed by $1,590, all the way to retest $1,525.

Thu, 02/14/2013 - 11:52 | Link to Comment Dr. Engali
Dr. Engali's picture

Sheesh you're just now figuring that out Bill? Good Lord is that why you get paid the big bucks? 

Thu, 02/14/2013 - 11:53 | Link to Comment Tsar Pointless
Tsar Pointless's picture

http://www.bloomberg.com/news/2013-02-14/u-s-stock-futures-drop-as-euro-area-recession-deepens.html

Stocks play ketchup as investors relish Heinz deal. (That's my headline for the story.)

Seriously, notice how the link to the story doesn't even match the updated story?

The Internet can't even keep up with our financial chicanery any longer.

Thu, 02/14/2013 - 11:54 | Link to Comment lizzy36
lizzy36's picture

Ummmm - ZH has been talking about this for four years, and Bill Gross just picked up on it NOW?

Retail just needs to listen to BUFFET! BUY USA USA USA  (and get a lap dance from a certain cnbc anchor) ;).

Sat, 02/16/2013 - 11:57 | Link to Comment earleflorida
earleflorida's picture

sorry 4 dupe

Thu, 02/14/2013 - 12:00 | Link to Comment Mad Mohel
Mad Mohel's picture

No fucking shit Bill! You think there is funny shit going on?!

Thu, 02/14/2013 - 12:02 | Link to Comment earleflorida
earleflorida's picture

basketball/ football exchange = two minute juice'd`finale... whence, the bookmaker tallies his, 'vig'

a sporting exchange one would presume?

quite!

Thu, 02/14/2013 - 12:03 | Link to Comment SheepDog-One
SheepDog-One's picture

HOW are these Pimpco clowns not totaly bankrupt by now??

Thu, 02/14/2013 - 12:08 | Link to Comment virgilcaine
virgilcaine's picture

Bill calling the kettle black. In depth tweets from Bill!

Thu, 02/14/2013 - 12:15 | Link to Comment Doode
Doode's picture

The bond king will always try to make the stock market look bad - it is his business. Whether he is right or not is irrelevant.

Thu, 02/14/2013 - 12:15 | Link to Comment john_connor
john_connor's picture

Stock market is run by futures manipulation during off hours and HFT during the day.  What new?  The gov can get massive bank for their buck with at least 50X leverage on futures.

Thu, 02/14/2013 - 12:23 | Link to Comment RationalPrepper
RationalPrepper's picture

Yeah, part of me thinks that if it does fall apart, we'll wake up one morning and the bottom will have dropped out overnight and they'll be no escape.  The market will go bidless.  A lot of good stops will do if the S&P gets an overnight haircut of 30-50%. 

Thu, 02/14/2013 - 12:20 | Link to Comment Falconsixone
Falconsixone's picture

Isn't the new capitalism oligarchical fascism with a hint of totalitarianism and an open pit mine full of slavery, death and extinction protocol?

Thu, 02/14/2013 - 12:21 | Link to Comment Tsar Pointless
Tsar Pointless's picture

Sounds about right to me.

Thu, 02/14/2013 - 12:30 | Link to Comment Super Broccoli
Super Broccoli's picture

"stock market didn't move ...", mate be real, the market has been printing-driven for quite a long time now, it can't surge every single day !

Thu, 02/14/2013 - 12:33 | Link to Comment Kaiser Sousa
Kaiser Sousa's picture

yeah, markets are behaving strangely....

u wann c strange????

 

http://www.kitco.com/charts/livesilver.html

 

i meant - u wanna c manipulation...........

Thu, 02/14/2013 - 12:44 | Link to Comment virgilcaine
virgilcaine's picture

What's weird all of the so called liquidity isn't making it to the PM's.. Is deflation lurking or what?  Silver in a Bear for two yrs.

 

Was it manipulation that sent it to 49$ 2 yrs ago?  The scary thing now is the Fed Spent Tens of Trillions and it didn't Work!!!!!It's going to get UUGLy Post Bernank (when Bernank starts cleaning up his mess) in late 2013.

Thu, 02/14/2013 - 13:27 | Link to Comment Non Passaran
Non Passaran's picture

It's certainly feeling weird, but the weirder it gets (with PM prices, etc) the more I think I should keep buying.

Thu, 02/14/2013 - 12:42 | Link to Comment falak pema
falak pema's picture

new market capitalism : CB controlled, infinite print liquidity, and oligarchy specific targetting. No place for small fish.

Imagine if Caesar and the Pope controlled the market; deep in debt but now setting all the bets at the rigged table; under total regulatory capture.

We are there. Only those in purple and with Caesar's blessing win at this casino. 

Thu, 02/14/2013 - 13:36 | Link to Comment ekm
ekm's picture

Excellent post.

 

It's called COMMUNISM.

Thu, 02/14/2013 - 14:35 | Link to Comment falak pema
falak pema's picture

what's in a name; a dog by another name would it Mew (like a puss)? 

If we use traditional etymology, Communists are people who act as dictators, in the name of the lowest echelons of society : the proles; aka dictatorship of proletariat by a Politburo. 

Hardly the case today. The FED represents the TBTF; aka the Jamie and Blankfein breed; behind them and the curtain, the Roths and Rockafellas of old.

How in hell can people defending THEIR values be labelled "Commies"? They are the capitalists par excellence!

While you're at it can you make Ben B mew by calling him : pussy? 

Thanks! 

PS : for your info until Kissinger and Nixon went and played pong with Mao, no communist ever used rigged capital markets to make money and impose power; they used decrees, unilateral laws and police state execution. Same result but different method. State combines dont need to pretend about price discovery. They just IMPOSE the price, period; and they produce as monopolies; no choice for consumer!  

The west has not sunk that low; not yet! 

Thu, 02/14/2013 - 13:00 | Link to Comment Inthemix96
Inthemix96's picture

Bill could give a fuck about you lot, as long as Bill makes the "easy" money off of all your backs.

Fucking Bill, another white collar shit hawk criminal.

Go do something constructive pencil neck, or LEARN "How" to "Do" something constructive, instead of living off the backs and labour of others.

Shit hawk, the worst kind.

Thu, 02/14/2013 - 13:08 | Link to Comment CheapBastard
CheapBastard's picture

I had to take some paper off the table...too risky....I'd rather have a little pocket change then take a smack-down loss.

 

I'm One Cheap Bastard.

Thu, 02/14/2013 - 13:18 | Link to Comment syntaxterror
syntaxterror's picture

How does an economy with corporations producing "record profits" and the goverrnment proving "record spending" and the Federal Reserve providing "record stimulus" have ZERO% GDP? I repeat, 0.000000000% GDP.

Can anyone answer this? Please.

Thu, 02/14/2013 - 14:53 | Link to Comment Dineroguru
Dineroguru's picture

Good point:  It is all about concentration vs dispersion.  Record public company profits does not necessarily mean the Chinese laundry store on the corner is doing well.  Record spending-- beyond basic cronie pork is transfer payments that do not make up for the lost employment income and record stimulus--- it is a nominal clusterfuck that under reports the reality of prices!  Simple

Thu, 02/14/2013 - 15:55 | Link to Comment Falconsixone
Falconsixone's picture

Bombs blowup....gotta buy more. Stock piling 2 billion rounds. Need new jet,tanks, ships, bunkers, tsa peter puffera, dhs map readers, mercury for flu shots, aluminium oxide to spray on yew, flouride for drinking water, depleted uranium, think tanks that think about how to kill.... etc. etc. etc.

 

Funny no worries about global radiation just cherry picked data climate change rhetoric while they spray 1000's of tons of chemtrail poisions, heavy metals and radiation. Climates change. They just want carbon credits they control because their fiat tp is done and they can't use gold/silver because it's real.

Thu, 02/14/2013 - 15:52 | Link to Comment trendybull459
trendybull459's picture

Bill Gross is apuppet of the current system deploy rich for slavering others,so he can shuffle his cards,but their time os over,you "can lie,but you cannot hide" Depesh Mode 

have and must to see: http://trendybull777.blog.com/2013/02/14/stop-investingstart-createthink... "I love to travel,I love to be sponsored,I love things for free just because I'm a chick..."The other forms of prostitutes the Matrix try to keep going while prostitutes loosing jobs because rich corporative clients and bankers gettin hair cuts.Babies,you soon belong to the working class and taking water to home from the 10km long by step :)))))))))) Matrix should be reloaded: http://www.travelgirls.com/ad/je03ad61/?matchtype=&creativeid=1538580506...

Thu, 02/14/2013 - 17:32 | Link to Comment Shizzmoney
Shizzmoney's picture

The fact he calls this "capitalism" goes to show that this man, who holds billions in client's money, doesn't really know shit.

Thu, 02/14/2013 - 17:32 | Link to Comment sessinpo
sessinpo's picture

Nothing new. Capitalism is capitalism. The difference is in whether flows to more prosperous places due to fundamental economics or whether it flows because of corruption and manipulation.

 

This isn't new. Both exist at the same time. The difference is that the areas of corruption and manipulation are growing and is larger then the fundamental economic reasons.

Thu, 02/14/2013 - 21:51 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

WTF.

"Nothing new. Capitalism is capitalism."

 

Huge difference. Capitalism requires things like consent, contracts & actual capital. Printing centrally controlled currency enforced by government and/or private officer armies to confiscate wealth using taxation in the chosen fiat currency is very much anti-capitalism And there’s nothing you can add to this which inverts the change – you have to remove it at the source. No more centrally controlled fiat, no more fractional-reserve, no more special inequalities in law which disregard contracts & property law for SELECTED parties. Do all that and we may return to capitalism but what we have now is the precise mirror image of it. BROKEN property rights BROKEN contracts and BROKEN LAWS with a special privileged class able to continue to be paid to do criminal things while WE would be imprisoned for the same activity.

Thu, 02/14/2013 - 20:28 | Link to Comment Bunga Bunga
Bunga Bunga's picture

Wasn't Gross briefed on central planning yet?

Do NOT follow this link or you will be banned from the site!