• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

No, The Fed Is Obviously Not Responsible For Stock Levitation

Tyler Durden's picture


Oh wait... Nevermind

Source: Doubleline Capital

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Wed, 03/20/2013 - 11:45 | 3352351 Perpetual Burn
Perpetual Burn's picture

I thought this rally was real?!?!?



Wed, 03/20/2013 - 11:46 | 3352359 camaro68ss
camaro68ss's picture

hahaha, i spot a half life pattern. Would not be suprised is QE is extended to 120 billion a month soon

Wed, 03/20/2013 - 11:58 | 3352378 hedgeless_horseman
hedgeless_horseman's picture



Real versus nominal returns, bitchezzz!!!



Wed, 03/20/2013 - 12:04 | 3352422 Floodmaster
Floodmaster's picture

 Gold Price is Dead Flat since 2011, don't trust graphs from gold website.

Wed, 03/20/2013 - 15:31 | 3353589 Divided States ...
Divided States of America's picture

The entire financial systemis probably levered to the gills......maybe 50 to 1 now...thus we dont see any 2% or more down days in the stock markets anymore because if that happened...all hells gonna break lose.

Wed, 03/20/2013 - 15:43 | 3353648 redpill
redpill's picture

Drives me crazy that this prick stands up there and says there's no inflation as he deliberately inflates an asset bubble.

Wed, 03/20/2013 - 15:46 | 3353659 akak
akak's picture

His lies are inflating even faster than prices.

Wed, 03/20/2013 - 16:26 | 3353860 asteroids
asteroids's picture

Remember, for politicians, there are no penalties for lying. The math is the only real truth. The math always catches up with these cocksuckers.

Wed, 03/20/2013 - 15:32 | 3353594 resurger
resurger's picture

gold rise in burst mode.

Wed, 03/20/2013 - 15:42 | 3353627 Supernova Born
Supernova Born's picture

Reality sucks as a guide to investing.

Wed, 03/20/2013 - 15:44 | 3353613 akak
akak's picture


Gold Price is Dead Flat since 2011, don't trust graphs from gold website.

So, one could argue, was silver between March of 2008 and August of 2010.

Good luck finding any $18/oz. silver today.


PS: Remind us all again how stocks are not only flat but actually DOWN, in REAL terms, over the last 13 years, while gold has risen multiple times over the same period, again in REAL terms.

Wed, 03/20/2013 - 18:29 | 3354416 justinius1969
justinius1969's picture

Correct. Now look at the chart. Dow has rallied.. duh!

Wed, 03/20/2013 - 12:06 | 3352425 LongBallsShortBrains
LongBallsShortBrains's picture

++++++++++++++ 1776

And if you booked those gains, paid taxes, and bought gold?

You would have a lot less gold than the person who just bought gold.

Of course the .gov doesn't make anything on your s&p that you didnt buy.

I'm just tired of buying boats only to watch them sink all the way to the bottom of the lake every time I return from the coin shop.......

Maybe I should just buy s&p..... Stubborn and penniless?

Wed, 03/20/2013 - 12:28 | 3352541 TruthInSunshine
TruthInSunshine's picture

Look for my new, critically acclaimed non-fiction novel, Dow 360,000, at a Border's...I mean Barnes & Nobles....eh...it will be available on Amazon, soon.

Wed, 03/20/2013 - 12:43 | 3352630 Pegasus Muse
Pegasus Muse's picture

Why is it everytime LongBalls posts I have this uncontrollable itch ...? 

Wed, 03/20/2013 - 14:24 | 3353191 orez65
orez65's picture

Stop talking and buy the S&P.

Wed, 03/20/2013 - 11:52 | 3352390 DJ Happy Ending
DJ Happy Ending's picture

Between these half-lives and inflation, yeah $120 Billion should do the trick.

Wed, 03/20/2013 - 11:47 | 3352362 highandwired
highandwired's picture

Loading up on Facebook shares.  Great value!  Or maybe it was silver I was buying...can't quite remember

Wed, 03/20/2013 - 11:57 | 3352407 Tijuana Donkey Show
Tijuana Donkey Show's picture

Both are highly manipulated by the GOVT, so who cares which you bought? 

Wed, 03/20/2013 - 11:49 | 3352370 Cult_of_Reason
Cult_of_Reason's picture

Dow vs. US Monetary Base


Wed, 03/20/2013 - 11:50 | 3352375 LawsofPhysics
LawsofPhysics's picture

Bubbles bernanke will get that inflation damn it.

Wed, 03/20/2013 - 12:01 | 3352417 fuu
fuu's picture


Wed, 03/20/2013 - 14:55 | 3353391 RopeADope
RopeADope's picture

Because we all know the monetary base is marked to market and not fraudulent accounting these days.

Wed, 03/20/2013 - 19:07 | 3354591 hooligan2009
hooligan2009's picture

so 10% in the dow is approximately equal to $200 billion of q/e...good to know...well until it isnt anyway

Wed, 03/20/2013 - 12:09 | 3352453 Prison Justice
Prison Justice's picture

Hey you, standing in the aisles with itching feet and fading smiles....can you BTFD?

Wed, 03/20/2013 - 13:56 | 3353051 Joe moneybags
Joe moneybags's picture

The primary cause of the stock rally has long been known to bulls and bears alike.  Bernanke has always maintained that his policies are to aid asset prices.  So why does ZH keep denying the rally?  Why not get on board?  Even those of us who hate the ZIRP and bailout policies of the FED and Treasury should at least try to profit from the current situation.

Wed, 03/20/2013 - 15:54 | 3353685 Panafrican Funk...
Panafrican Funktron Robot's picture

"So why does ZH keep denying the rally?  Why not get on board?  Even those of us who hate the ZIRP and bailout policies of the FED and Treasury should at least try to profit from the current situation."

Personally, I give a shit about more than money.  Like, sleeping well at night, knowing I'm not participating in satanism.  

Wed, 03/20/2013 - 16:01 | 3353723 akak
akak's picture

So why do the wary passengers of the Titanic keep denying the opulence and luxury of the ship?  Why not get on board?  Even those of us who can see the recklessness of the captain, and the iceberg looming ahead, and the lack of sufficient lifeboats, should at least try to have fun during the voyage.

Wed, 03/20/2013 - 11:45 | 3352356 Dr. Richard Head
Dr. Richard Head's picture

Waiting for ascending triangle to break down.  It's a coming, but man they are good magicians.

Wed, 03/20/2013 - 12:10 | 3352456 Al Huxley
Al Huxley's picture

Well, they also can afford the very best props, which helps a lot.

Wed, 03/20/2013 - 12:32 | 3352562 Bananamerican
Bananamerican's picture

Doyle Lonnegan: "Your boss is quite a card player, Mr. Kelly; how does he do it?"

"He cheats"

Wed, 03/20/2013 - 15:39 | 3353630 Dumpster Fire
Dumpster Fire's picture

No sense being a thief if it's the same as being a citizen.

Wed, 03/20/2013 - 11:46 | 3352360 Gmacks
Gmacks's picture

These are the colors I learned in kindergarten.

Wed, 03/20/2013 - 11:51 | 3352380 AllThatGlitters
AllThatGlitters's picture

I've been looking for a new desk top background.  I think I found it!

Wed, 03/20/2013 - 11:48 | 3352366 Milton Waddams
Milton Waddams's picture

It's not even a mystery.  Blownanke himself has repeatedly said that QE "pushes" (his word) capital into stocks.

Wed, 03/20/2013 - 12:18 | 3352478 razorthin
razorthin's picture

But the coxxukker would never concede that it does the same into gold.  Neither would the paper PM markets, for that matter.

Wed, 03/20/2013 - 13:17 | 3352828 Shizzmoney
Shizzmoney's picture

More like it's "pushed" into the wallets of his jew bankster friends.

Wed, 03/20/2013 - 11:49 | 3352373 Fix It Again Timmy
Fix It Again Timmy's picture

Buzz Bernanke - "To infinity and beyond."...

Wed, 03/20/2013 - 12:12 | 3352467 LeisureSmith
LeisureSmith's picture

Ben is Easerhead. http://www.flickr.com/photos/79201873@N08/8560530708/ Ben, how about you get on reducing the halflife of Plutonium next...There is a Nobel Price in it for you, i know you want one.

Wed, 03/20/2013 - 15:36 | 3353620 azzhatter
azzhatter's picture


Wed, 03/20/2013 - 11:51 | 3352379 GrinandBearit
GrinandBearit's picture

You mean to tell me the stock market is all phony?  But Buffett is telling me to buy.

Tyler, how dare you.

Wed, 03/20/2013 - 13:58 | 3353067 Joe moneybags
Joe moneybags's picture

Because the cause of a phenomenon is well know, it doesn't mean that the phenomenon is phony.  If you would have taken Buffet's advice, you would have made some dough over the last 4 years.

Wed, 03/20/2013 - 15:53 | 3353677 Blankenstein
Blankenstein's picture

Buffet can do this because has no reason to fear a downside.  If the market turns, he will again benefit from taxpayer bailouts as he did in 2008. 

Wed, 03/20/2013 - 11:53 | 3352393 Smuckers
Smuckers's picture

I just saw the same black cat 5 times.


Wed, 03/20/2013 - 11:54 | 3352401 camaro68ss
camaro68ss's picture

Its only time to panic when you see the same black swan 5 times.

Wed, 03/20/2013 - 12:29 | 3352540 Dagny Taggart
Dagny Taggart's picture

No, the same black swan repeatedly means they have changed the rulez in the Matrix. Again.

Everyone knows that's BULLISH (until it's not.)

Wed, 03/20/2013 - 12:40 | 3352619 venturen
venturen's picture

Those are swans...black swans!

Wed, 03/20/2013 - 11:53 | 3352396 death_to_fed_tyranny
death_to_fed_tyranny's picture


Wed, 03/20/2013 - 13:45 | 3352970 Imminent Crucible
Imminent Crucible's picture

Ben: "What's your analysis of our ongoing liquidity program, everyone?"

Dallas Dick: "Looks like we're getting less and less bang for the Bennybuck---oh. sorry Ben."

Narayana: "I think it's clear we need to expand the program drastically--"

Janet: "--and EXTEND IT THROUGH 2017!"

Jeffrey: "I vote NO."

Ben: "Well, since we're all agreed, It's FULL STEAM AHEAD!"

Wed, 03/20/2013 - 11:53 | 3352397 The Invisible Foot
The Invisible Foot's picture

Good one!

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