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EUR Tumbles On Weidmann Comment Of Possible Rate Cut
First it was former ECB executive board member Lorenzo Bini-Smaghi saying that "policy makers led by President Mario Draghi will act to weaken the euro" which led to the first shock in the European currency this morning, and now it is Bundesbank head Weidmann, reminding the world that in a monetarist currency war world, he who crushes their currency last, loses. As a result moments ago he said that the ECB may cut rates if new info warrants, something that was actually quite obvious two weeks ago and some 300 pips lower, yet the relentless purchases of Italian bonds by Japanese financials drove the EUR ever higher to its highest level since February yesterday. Net result: time to reacquaint the EUR with gravity.
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Pax Judaica Cometh
http://vidrebel.wordpress.com/2012/01/16/pax-judaica-to-replace-pax-amer...
Who's to say the Creature from Jekyll Island can't have a boating accident?
Thank you for the link, however, if you believe that you need psychiatric attention STAT...Just one small excerpt "The German Army and Navy attempted to surrender in March of 1939 but His Majesty’s Jewish government refused?" - Dude really?
In other news First Publish: 4/17/2013, 4:15 AM
Senators Approve Resolution to Assist Israel in Iran Strike The U.S. Senate Foreign Relations Committee adopts a resolution which stipulates that the U.S. will assist Israel in an attack against Iran.The U.S. Senate Foreign Relations Committee adopted on Tuesday a resolution which stipulates that the U.S. will assist Israel if it is forced to take action against Iran.
The resolution, Senate Resolution 65, was introduced last month by Senator Lindsey Graham (R-South Carolina) and was co-sponsored by 15 Senators, including Robert Menendez (D-New Jersey), Marco Rubio (R-Florida), Kelly Ayotte (R-New Hampshire), John Cornyn (R-Texas) and Chuck Schumer (D-New York http://www.israelnationalnews.com/News/News.aspx/167205#.UW63cErK3x1All states with MIC industries - "Shocker". Treasonous cunts.
1.30 + or - 300bps on the USDEUR. They will not let it get too far to either side without coming out with some remark or actions to swing it back.
Funny, they want investors to assume more risk for a lower yield...how does that work?
Admiral Canaris and General Beck of the German Military Staff sent two officers to London in March of 1939 to negotiate a peace before World War II, They even offered to arrest Hitler. Guess who said no?
Goebbels?
Can we please hurry on along to a complete currency collapse?
We have been on that road a long time. All exits are now behind us. Not sure when Bennys bulldozer brings us to the vanishing point.
http://vimeo.com/56604457
+ 10 DG re: the classic flick link. And yes the exits are far behind us. Batten down the hatches.
EUR at .25% would be tremendously helpful in accelerating towards collapse.
Denial of statement in 3..2....
North Korea doesn't have nuclear missles, either.
and 99% of all Americans hate the second amendment
Somewhere in Japan, Abe contacts the Bank of Japan & asks them to build a MACRO to invoke CTRL+P for each EU denial...Now THAT is BOLD QE
Stronger dollar should really boost exports......mmm...maybe not....
Another rate cut. Yep, that'll fix everything. [sarc off] Good job you fucking dolts.
The could have accomplished the same thing by having a minority party leak news of Germany ordering new intaglio presses as a contingency, and it would have had the added benefit of shaving come serious bps off their borrowing costs while tanking the Euro...
Yup..basically all they got or ever had in their quiver. Free money and counterfeiting as opposed to productive people, savings and rewarding people for being productive..Brilliant. Next up...negative interest rates.
These are the experts.
Taxes on savings, a la Cyprus.
Lots of arm twisting behind the scenes, The Bernanke is printing like mad and needs more cover from his counterparties in the western world. This should end well... NOT.
AAPL is cooked.
don't worry, insiders got plenty
Hah, thought the chart above was EURUSD.... It's AAPL!
How anyone could place a bet in this casino of psychopathic chaos is beyond me!
Competitive Devaluation:
A dance of blind, oafish shibboleths, to the tune of a funereal dirge played by filthy bureaucrats, spies and mercenaries and conducted by a corpulent squid, in a room full of the delicate, fragile hopes and dreams of billions of human beings.
--Channeling Ambrose Bierce
In Other news:
Stock Surge Linked to LobbyistMark Hayes is currently an outside lobbyist for health-insurance giant Humana Inc. His email to Washington investment-research firm Height Securities, alerting it to a government decision that will save the industry billions of dollars, was a final piece of confirmation Height received before blasting a news alert to its clients, according to emails and people familiar with the matter.
Business as usual, and legislated as such.
Charts breaking everywhere!
Great!
Going to have to cut now, unless you want the market (read: "Fed") to jam the euro 200 pips higher on an announcement of no action by the ECB.
Now that they have raided Muppet Treasure Island, they feel free to wreck the paper with abandon.
Bad Sushi.
The con show back on. "Possible" rate cut? What the fuck does that mean. Either there will be a rate cut or there will not. More time, more lies, more manipulation.
EURo = Ikarus
Denial later this afternoon?
DavidC
so if wages decline and money is printed, does the crushing increase of wealth for the top 1% fraction-alize them into their own 99% v 1% division?
if so, does repeating and continuing to fraction-alize on a time line long enough lead to a singular human god structure, so powerful such that by that god's transferring a tiny fraction of its geometrically growing pile of electronic ones and their companion zeroes, it buys countries?
if so, and if it is reading this, please, one more question.
will you marry me?
:)
European vacation time? The place is still darn expensive.
The Euro should fall another 20% but Ben would not like that. A bit hard to keep the Euro afloat but if Ben can keep the stock market rising, why not the euro from sinking?
Looks like the Abe vs. Ben fight is about to play out in Euroland.
Funny, such a remark on a day with expiring option. Let me guess: eurusd hit it almost precisely?