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Market Reacts As Bernanke Promises "MOAR"
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The Chairman giveth....
MOAR = WOAR
satanic fascism... getting desperate.
Boobs
Damn, I was kidding about going ALLLL INNN on SPY.... maybe I should have. LOL!
As was predicted by ZH, all of the tapering talk was bullshit and nothing moar.
This is a trap. Bernak trying to get as much retail in as possible before he announces no Moar QE. Then bidless market as retail realizes who the sucker at he table is ......again.....
Just 10 points up on the S&P500 ? Talk about diminishing returns ...
Everything has snapped back, has the market freaked out about how much relief there was that tapering would not happen? Or just dumb algos
This time = different
I made a video about this topic from everything I learned at Zerohedge.
Dow 20,000 bitches!
http://youtu.be/qSPnipe3reU
explain to me how MOAR is shocking? as they say in the East... LESS IS MOAR!
Dang... was planning on buyin' some mo' on da cheap!
We're at the top of the channel going back to Nov '12, so you may still have chance.
It really is frustrating to not to have gotten in early on the Ponzi, but we all know what happens when you get in late.
They are "All-in" - no turning back now.
Totally insane.
keep dancing..
ponziponziponziponziponziponziponziponziponziponz.....oh fuck it
we may still be dancing. Just one minute Moar.
http://www.youtube.com/watch?v=qs4svkNZZXc
This really does seem like that moment in Thelma and Louise when they put the pedal to the metal.
I bet they kind of regretted that when gravity took over.
"Strong dollar policy" is a LIE and the US is a currency manipulator causing a WEAK dollar with QEasy for EVA
Gold and silver are likely to be hammered back and continue their journey to ZERO.
"Paper Gold and silver are likely to be hammered back and continue their journey to ZERO." - fixed. Hey dipshit, wake me when they back under $300 and $12 an ounce, that's the current dollar cost average on my physical holdings. Purchasing power bitch.
Shirley the price can fall way under mining costs! And your aunt has wheels and is a bus?!
Dream on, statist retard.
COT says the house is long paper. Paper may go to zero some day, but it is going to be a round trip from someplace much higher.
Looks like gold just ricochet off the 1400 mark. It seems the algorithms are working hard today.
Makes sense, per that video guy yesterday. When the dollar is finally worthless, there will be no dollar bid accepted for gold, hence gold in dollar terms will be worth ZERO.
Only a dumb muther fucker would wait until after the bernank speaks to hit "buy". either that or the market simulation algos are working as designed. carry on.
Fiat Farmer Ben slopping the hogs. All the little piggies are going to "market" to be fattened for the butcher. Slaughtering day is not yet. Till then pigs gotta eat.
BUYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY
Time to open a margin account.
S+P 2100, GS might be right.
The media says the economy is fine. Ben says he will keep QE until the economy is fine. Ben isn't removing the punch bowl so I can only assume that the economy isn't as fine as we are told. I bet he can't wait to pass this mess on to someone else in August.
as the once so called "maestro" stated "irrational exuberance".
"we are UH confident UH UH that we could UH exit properly UH over Uh time....UH"
If were a better video editor I would love to mix in the question Benny was given about fizing inflation in 15 minutes and mash it up against the Two Weeks gal from Total Recall - http://www.youtube.com/watch?v=V17duGlHEYY Have the girl say 15 minutes instead of 2 weeks in response to the question.
Fonz. I think I've been wrong on Bernanke. I really thought a taper would happen at the very least. If Bernanke can't taper now, not end mind you, QE will never ever end. Never. There can be no justification for his malfeasance. None.
This is a very sad day and realization for me. Because now it's an assured destruction of the US and the economy that will occur. It may take a long time like it has in Japan but there is little doubt it is sadly going to happen and Bernanke is solely responsible.
TBT and YCS certainly seem to say a taper is never coming.
Here is the thing EA...it does not even matter at this point. If he is forced to stop, yields spike, crashess all around, currency crisis. If he keeps the pedal to the floor, yields stay low, the dollar crashes first, then bonds, then everything else.
We have all been debating about what the route is we will take to the same train wreck conclusion.
Don't worry...US banksters will begin selling paper PMs in unlimited quantities in 3...2...
Oh yea. it's already happening.
Massive and coordinated. The Morgue and other paper shorts have a very, very short leash on this puppy. It all reeks of desperation.
Since the Bernank has everything under control and has my best interests at heart, should I re-mortgage my paid off house, max out all my credit cards, garage sale all my stuff and put it "all in" on the stock market?
With more quantitative easing, I should get rich doing this!
"the difference in this program is we are UH UH Uh UH buying a flow rate...Uhhhhhhhh"
Just bought two 100oz. Canadian Royal Mint Bars last week PRINT BENNY PRINT!!!ahahahahha!
the only thing a reasonable person can do at this point is just sit back and watch this horror unfold with bewildered amazement and a very healthy and justified dose of fear.
this will end so so very badly...this is depressing.
Oil didn't seem to like the news http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=logarithmic&chdeh=1&chfdeh=0&chdet=1369252800000&chddm=1554&chls=IntervalBasedLine&cmpto=NYSEARCA:SPY&cmptdms=0&q=NYSEARCA:USO&&fct=big&ei=c9ecUeDcKsTs0gHHWQ
Buy the dip, it takes a lot of real fucking inputs to produce oil.
Bernanke's comments didn't have the Nikkei effect. Less than 1% bump = law of diminishing returns. Keep some dry powder!
it has been diminshing since 666 - he's pushing for a 3bagger and almost there adn then he'll steal home
You mean future inflation adjusted?
Ramp jobs 4eva!
USTs reversing now??? Is the bond market shoving it back in Bernanke's face?
Optimist. Is this the same treasury "market" with a 45 billion dollar oer month bid under it?
That is the ultimate fucking irony. If the bond market shoves it in his face you will see QE on a scale that will blow your mind.
It's pretty clear that the Fed has already lost control.
He just squeezed out the last of the shorts. The VIX doesn't seem to be buying it thought. Strange.
we're only up 66 points now
we need moar qe!
Bernanke's folly!
UNBELIEVEABLE!! (paper) Gold takes a 72.00 round trip since the fed psychopath stepped up to the microphone. But don't you worry, stocks will recapture their highs before today's close. Anyone who believes that Ben Bernanke is working on behalf of our society, and NOT specifically for the 5 major banks AND more specifically their CEOS...You're a delusional moron.
Don't worry about gold and silver going up...
It's allready been smacked back down by the Fucking Manipulators.
Fuck Yous USA PPT.
William Banzi 7 should do a picture of the Mo Money guys from In Living Color with the Bernakes face.
This is like a watching a trainwreck.