Bill Gross To Bernanke: "Thanks Chairman! Got Any More?"

Tyler Durden's picture

What can one add to a tweet that is the best flashback to the peak bubble days of summer 2007:

"There is no bubble.... There is no bubble... There is no bubble...."

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chumbawamba's picture

Do not bite the hand that feeds.

I am Chumbawamba.

hedgeless_horseman's picture



" any more?"

That's what she said.

So let me hold it up
 Just one more go
 Holding it up for just once more
 One more time to fill it up
 One more time to kill
 But whatever I do
 It's never enough
 It's never enough.

Cult_of_Reason's picture

Were they clapping to Miss Reality returning to NYSE floor this morning?!

camaro68ss's picture

Am i the only one that thinks its scary that we are still QE'ing and we're at an all time high!

Cult_of_Reason's picture

I think they will announce QE tapering in June (watch Hilsenrath writing about it within a few weeks) -- currently almost nobody expects it.

valley chick's picture

 <-------thinks that they will taper QE

 <------thinks that they will increase QE

mayhem_korner's picture



Who's the troll who voted for tapering?  Did you see the market go into code brown when it was leaked that certain members of the FRB were even considering backing off???  No prominent official - elected, appointed, whatever - will allow the securities markets to crash on their watch.  Accordingly, there is NO CHOICE but to keep printing, and accelerating it.  To even grip the end of the punchbowl will cause the markets to go into free fall.

Res ipsa loquitur 

old naughty's picture

Com'on Bill,

Ben was just doing, as told.

And when Timmy replaces him...

redpill's picture

Yeah Bill, because the worst part about what Bernanke has done is the impact on the share price of one of your shitty bond funds. 

Stoploss's picture

That would mean rates would have to go up.

If rates go up, US can't service the debt and defaults.

QE can never end, and rates, especially, can never ever go up.

Cult_of_Reason's picture

Not to end QE, but to announce a symbolic QE tapering, so they can say (pretend), "we are carefully weighing the risks and benefits of QE at each meeting".

Dr. Richard Head's picture

The uproar of the population was so intense during the $860 million in TARP that the politicians realized that in order to expand the Fed's balance sheet, as well as the US debt, the Fed would have to do it alone and under cover of bullshit.  Furthermore, the common nomenclature of the Fed's balance sheet expansion is either $45 billion or $85 billion a month, depending on how in-depth the sheep look at this, instead of the $4 TRILLION expansion that this actually represents.  Add that to whatever other ZIRP and bailouts in secret and you have TENS OF TRILLIONS of debt creation to fund anemic groth at best or the slow deteriation of the economy at worst.  This is ALL at the hands of the Fed and it's banking masters.

To taper any QE is absolute suicide of the Fed, as the bond bubble will pop, the stock bubble will pop, the student loan bubble would further pop, the mortgage bubble would pop (again), and interest rates for government debt would absolutely surge.  The only firms buying this shit debt are the ones that are merely recycling the Fed debt in a circle jerk dog and pony beastiality show that would make Tijuana's Juicy "Donkey Girl Show" Lucy blush. 

An announcement of tappering will only be found in some bullshit talk of non-voting board members, but nothing more. 

Then again, I could be completely wrong as they have kept the music playing way longer than any math would anticipate.


valley chick's picture

don't be distracted...keep stacking!  It will implode soon enough.

mayhem_korner's picture



It will only seem "soon" after it happens.

valley chick's picture

+1 MK    and I am taking advantage of every day.  Even a valley chick gets it.

mayhem_korner's picture



Are "valley chicks" the next generation of "valley girls"...or are they unrelated?  Inquiring minds want to know...

valley chick's picture

a new hybrid..valley girl goes prepper chick = valley chick

BeaverFever's picture

Valley Girls have turned into Valley MILFS. Valley Chicks are their offspring.

Dr. Engali's picture

Yeah...fucking great thrill ride isn't it? The crash is going to be spectacular!

Dr. Richard Head's picture

Unfortunately, I have been turing purple and have liver damage from holding my breath and over-drinking in the wait for it to happen.  I'm not saying it would by any means, but the tricks they have pulled to keep the appearance of levitation going is astounding and defies logic.

"We don't need no printer let the father fucker burn.  Burn father fucker, BURN!" - Dr. Richard Head

mayhem_korner's picture



+1 You just dated yourself.

Dr. Richard Head's picture

You could tell I was 35 from that?  HAHAHA

mayhem_korner's picture



No...just that you are >30.

Vince Clortho's picture

You are not the only one.  The Exchanges at all time highs; the Central Banks printing at all time highs; the economic data heading South.

It is insanity. And very scary.

We are watching the death of the financial ponzi scheme.

Writhing and squirming like a dying snake.

The worst is yet to come.

Meat Hammer's picture

+1 for The Cure reference HH.  

Funny story - After their concert in 1992, my friends and I followed their tour bus to see which hotel they were at and as we kept up with them on the highway, we pulled alongside the bus and saw Robert Smith watching ballet and drinking Bud Light.  When we finally got to the hotel, Smith gets off the bus wearing sweats and Air Jordans, but still has his hair all spiked up and all of his makeup on.  He reeked of cheap beer and was stumbling and slurring his words.  My buddy asked him to sign his guitar, but instead of signing his name, Smith drew a picture of a spider looking out a window.  Crazy shit.

Sherriff, why did you tell me that?

I don't know.  My mind wanders.  

hedgeless_horseman's picture



Similiar story - After Jackson Hole in 2012, my friends and I followed Bernanke's limo to see which hotel he was at and as we kept up with them on the highway, we pulled alongside the car and saw The Bernank watching CNBC and drinking Bollinger. When we finally got to the hotel, Ben gets out of the limo wearing sweats and Air Jordans, but still has his beard all groomed and all of his makeup on. He reeked of printer ink and was stumbling and slurring his words. My buddy asked him to sign his toner cartridge, but instead of signing his name, The Bernank drew a picture of a SPDR wearing shorts looking up at a falling piano. Crazy shit.

Temporalist's picture

Ben is a maestro which is why he has "Special Drawing Rights"

GetZeeGold's picture



Careful Ben Shalom.....I sense a trick here.

the grateful unemployed's picture

success is the same as death for a fed chairman. once you fill the punchbowl, you can never take it away. bernanke's best career move will be to leave his position when his term expires, but hubris will prevent that from happening. after he is cheered on for a second term, thats when things will get real ugly

Rory_Breaker's picture

Sorry, OT...but...

India Post to offer 7% discount on gold coins:

Bitchez bitchez!

Motley Fool's picture


"The price (after discount) offered by the postal department was higher than the quote of most banks and gold retailers. "

Rory_Breaker's picture

bummer! :-(

My bank offers me a discount too and barely matches the price at my jeweller. The jeweller takes cash and doesn't ask questions and that's why I've never bought from anyone else.

Motley Fool's picture

Gold does not sell at a discount.


Btw, did not downvote, but consider looking a bit deeper next time. :)

Rory_Breaker's picture

Don't care about the downvotes. I'm just here to learn. Thanks mate. I'm just sticking to my jeweller, my dad's been buying from him for 20+ years. Cheers.

Quinvarius's picture

At these prices, a few percent doesn't matter--Unless you are buying gold by the ton.

Rory_Breaker's picture

When you're a little short of cash you want to save every rupee [or dollar]. Cheers.

krispkritter's picture

Fick Dich Herr Chairman! 

Dr. Engali's picture

Moar will be coming, but first another smack down in precious metals is needed.

Cognitive Dissonance's picture

"I will serve no wine pop no bubble before its time." - 'Bubbles' Ben

MilleniumJane's picture

I guess he's just waiting until he gets the thumbs-up from the Masters of the Universe that they have placed their bets on the downside.  Until then, it's turn up the heat.  Frogs (middle class) are boiling everywhere...question is, how many will jump out of the pot?

dcohen's picture

Benjamin Shalom Bernanke, the prophet of the market, thy shall print, so says the lord.

Go Tribe's picture

Because water,from a stone just wasn't good enough.

Shell Game's picture



'Dow hits 15,000 & CD and bond yields at all time lows. Spanked by Chairman #Bernanke. May we have another?' #FuckTheFed #EndTheFed

Craxi's picture

Why does Bill Gross continue to not accept that the Fed will backstop all ..or as ZH has suggested...this is reverse, reverse, reverse psychology at play.