Banks with physical will be fine, provided their management survives the guillotine. Gold and market seem to have re-coupled. I don't see gold dropping too much more without taking the market with it. Damn that "wealth effect" People starting to believe their lying eyes.
Well, the header in the upper right says "Most-Viewed People", so apparently a lot of people like viewing a Nice Wang. (Range is "One Day", so maybe just a hankering for the day? Will have to watch on future days to see if this is a trend.)
"suggesting gold could slide to $1,500 an ounce over the next two years."
Omg $80 over 2 years?!?
"The economists point out that CPI inflation has essentially vanished, both in the United States and across the developed world."
Lulz.
"“A myth because, in reality, money growth has not been particularly brisk,” CIBC said, noting that the Fed does not buy bonds through money printing. Rather, it takes bonds in exchange for crediting the selling bank’s reserve deposit at the Fed. These $1.5-trillion or so in reserves are not money and do not count in the money supply, the economists explained."
More lulz.
"In prior periods of major deleveraging (1945-1970, 1995-2000), both of which saw historically low rates of GDP inflation, the U.S. relied on taming the debt itself. Current budget negotiations appear to support that as the likely course of action."
Even more!
"For investors holding gold as an alternative to the U.S. dollar, in anticipation of the greenback falling sharply, CIBC noted that the U.S. current account deficit is primarily due to the trade deficit in petroleum products, which is shrinking."
Well at least we know what MDB does to pay the rent.
This certainly deserves a spot in a humor thread.
Edit: This is my new favorite part:
"CIBC believes the Fed will pull back from quantitative easing late in 2013 and start to talk more about upcoming interest rate hikes in the second half of 2014. The economists noted that expectations for rate hikes in 2015 will push up bond yields, raising the opportunity cost of holding a bar of gold with a zero yield."
The former head of mathematical research at NSA was Richard J. Shaker. And, yes, he went by the same nickname as Nixon did. Nearly lost my drink all over him when he introduced himself. Then I really didn't want to shake the man's hand.
You realize that if everybody carried a smartphone drone strikes would be that much easier, saving the US goverment untold millions. Just trying to be a good citizen.
Who can forget the former executive vice president of South Korean oil company KNOC Poo Bum-Suk who famously said "....we must go farther and dig deeper." I have his business card around somewhere.
...and that was the last we ever saw of him; running and screaming frantically over the trading room floor after reading some article on 'that fringe blog' (ZH).
We had a 'slow day' game at JP when I was working there, go through the directory randomly and see who could find the funniest or weirdest name. The game stopped when a friend came up with a guy in the Singapore office: Randy P Ennis
Where is Ben SUCK MY COCK Bernanke ?
I seen him, he was servin up crow in the soup line.
Hey there. Is that a Nice Wang in your brokerage, or are you just happy to see me?
i've never heard of Nice Wang, but this list is clearly missing : Hugh Jorgan , Peter Fitzwell , Rod Pooler , and Dick Steele .
So where is Won Hung Lo?
And Phil McKrackin?
Yuanta Securities?
"No, I no wanta securities..."
LOL, good one!
http://business.financialpost.com/2013/02/21/why-gold-has-further-to-fall/
Yawn, these banks going to get burnt!
Banks with physical will be fine, provided their management survives the guillotine. Gold and market seem to have re-coupled. I don't see gold dropping too much more without taking the market with it. Damn that "wealth effect" People starting to believe their lying eyes.
I don't know which is more funny
The name; "Nice Wang"
or
BTW -- What was the TD searching for when he stumbled onto this screen?
Hmmm
Well, the header in the upper right says "Most-Viewed People", so apparently a lot of people like viewing a Nice Wang. (Range is "One Day", so maybe just a hankering for the day? Will have to watch on future days to see if this is a trend.)
"suggesting gold could slide to $1,500 an ounce over the next two years."
Omg $80 over 2 years?!?
"The economists point out that CPI inflation has essentially vanished, both in the United States and across the developed world."
Lulz.
"“A myth because, in reality, money growth has not been particularly brisk,” CIBC said, noting that the Fed does not buy bonds through money printing. Rather, it takes bonds in exchange for crediting the selling bank’s reserve deposit at the Fed. These $1.5-trillion or so in reserves are not money and do not count in the money supply, the economists explained."
More lulz.
"In prior periods of major deleveraging (1945-1970, 1995-2000), both of which saw historically low rates of GDP inflation, the U.S. relied on taming the debt itself. Current budget negotiations appear to support that as the likely course of action."
Even more!
"For investors holding gold as an alternative to the U.S. dollar, in anticipation of the greenback falling sharply, CIBC noted that the U.S. current account deficit is primarily due to the trade deficit in petroleum products, which is shrinking."
Well at least we know what MDB does to pay the rent.
This certainly deserves a spot in a humor thread.
Edit: This is my new favorite part:
"CIBC believes the Fed will pull back from quantitative easing late in 2013 and start to talk more about upcoming interest rate hikes in the second half of 2014. The economists noted that expectations for rate hikes in 2015 will push up bond yields, raising the opportunity cost of holding a bar of gold with a zero yield."
"CIBC believes the Fed will pull back from quantitative easing late in 2013 and start to talk more about upcoming interest rate hikes.."
lmao, wiping my eyes... It's really too early to be guffawing on the left coast here...
dang lots of down votes must be alot of CIBC pundets on ZH today lol
"Analyst" or "Analist"?
Anal cysts
Analrapist
Nice Wang.
I haven't seen it, but must be Nice.
I'm sure "Dick Hand" and "Rosie Biever" are on staff somewhere too...
(what parent would do that?)
Anyone seen Punta Kinte.
The former head of mathematical research at NSA was Richard J. Shaker. And, yes, he went by the same nickname as Nixon did. Nearly lost my drink all over him when he introduced himself. Then I really didn't want to shake the man's hand.
My dad and my older brother are Dick Burns.
I'm SO glad I was the second male child.
We often joke about naming children 'carpet' or 'rope'.
"Tricky Dick Shaker"?
now up to 3872
Just send the coords for the drone strike.....and we're on it.
You realize that if everybody carried a smartphone drone strikes would be that much easier, saving the US goverment untold millions. Just trying to be a good citizen.
It doesn't have to be a smart phone.
Any cellphone will do.
I want Henry Kim's job. Looks like he gets paid for doing nothing.
I swear, back in the day, pitching some student loan re-fi plan I dialed a (Cambodian?) female off the list named "Ima Ho".
Fate is so cruel...
So...it sounds like you have an income and a job...
Character building no doubt.
Of course one is reminded of Johnny Cash’s 'A Boy Named Sue' here.
Besides, if you filter your sales leads right, “Nice Wang from Yuanta Securities” makes getting to ‘yes I do!’ a whole lot easier.
so was she?
He/She should compare 15 minutes of fame experiences with Bang Dae Ho.
I knew a chick named Idaho. Her parents thought it would be 'different', but clearly didn't think it through.
She said people always called her 'you da ho'.
lol, And right on time here comes the dump on GLD. Love when everything works so well.
Nice Wang is married to Lotta Gash.
Dont they live next door to Tyrone Shoelaces?
Where is Harry Balls?
Am I the only one who noticed Oscar Pastorius on the list? WTF?
Why they have him as former track star. Just because He shoots and kills his girlfriend ?
You mean Oscar "QuickDraw" Pistorius? Nope, I saw that too.
I noticed his nickname is the same as that HBO prison series.
I find nothing funny here. You people should be above such juvenile humor.
Regards -
Richard Head Ph.D
'Asia Stocks Trade Mostly Up'
I guess if you're a Wang, up is the way to go...
http://www.advfn.com/news_ASIA-MARKETS-Asia-Stocks-Trade-Mostly-Up-But-S...David Einhorn hard at work.
Henry Kim
Hunter Killer
It was a Nice Wang until Daniele Bititoff.
Who can forget the former executive vice president of South Korean oil company KNOC Poo Bum-Suk who famously said "....we must go farther and dig deeper." I have his business card around somewhere.
Every group of idiots shoudl have an 'Oz'....
Next to be added to the list: Richard Head.
Before you accuse Nice's parents of being extra cruel for this, you should talk to his brother, Small.
I went to school with an indian guy with the first name of dongsuk
These parents should have been a lot crueler; Midongshu Blankfein; Zirconia Pinkie Dimon; Billie Joesphine (B.J) Masters
...and that was the last we ever saw of him; running and screaming frantically over the trading room floor after reading some article on 'that fringe blog' (ZH).
From "You Want A Securities". People actually give these people money?
ZH wouldn't let me sign up with Justin Urrkunt. I think they thought it was a real person.
I think this place is restricted Wang, so don't tell 'em your Jewish, okay?
Beavis & Butthead Do Zero Hedge.
I don't see what you children are laughing about.
Signed,
Richard Balden-Diaz
Would Mike Hunt and Harry Dick report to the office please?
Always amused us in Junior High when these guys got called to see the principal.
Funny thing is, Harry named his son after him too, although the younger one prefers Harold...gee. I wonder why?
We had a 'slow day' game at JP when I was working there, go through the directory randomly and see who could find the funniest or weirdest name. The game stopped when a friend came up with a guy in the Singapore office: Randy P Ennis