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I know what you're thinking, punk. You're thinking "did he print six trillion in QE, or five?" Now to tell you the truth I forgot myself in all this excitement. But being this is the Fed, the most powerful central bank in the world and will blow you shorts clean off, you've gotta ask yourself a question: "Do I feel lucky?" Well, do ya, punk?
Don't forget the rims for those wheels flacon. Rent-A-Wheel here in SoCal will finance you.
THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN!
Mongo would just be happy if he could afford some of that soft toilet paper! This stuff he's forced to use now would make Mr Whipple angry enough to kick a small animal!
I advocate buying pet food, but not for personal consumption. Resell it after the collapse, because some people (enough) people treat their pets like addicts treat their drugs, that you have some good barter items there. Rover might be used to the good stuff, but he'll have to settle for whatever his owner can get him.
I wonder how the pampered animals will handle the collapse when, just like their owners, their standard of life is destroyed. Will people snap out of their pet worship spells?
I've known many people (mostly insane American women), who's pets eat better than they do. Pookie eats organic, ground steak every day, while the owner eats Top Ramen. Not kidding. These are the same people who take the dog to Pet Yoga and all this other nonsense.
When it does go down, Pookie on a skewer, with a little Montreal steak seasoning, probably won't taste too bad.
Congratulations America!! enjoy it, you deserve it!! You've worked for it!! Your FIAT currency is targeted for termination in global affairs. Party like its 1999 again because when the end of the party comes that's when the real dancing in the streets begins.
What has popped every bubble since the Dot Com 1990's has been the FED increasing interest rates.
But the FED isn't increasing rates now. And they might not for many more years as long as the inflation numbers continue to be "adjusted".
My point is, if interest rates remain low, and liquidity high, how in the world is the stock market ever going to fall?
I keep trying to wrap my brain around this one. And if the FED is in fact amassing huge amounts of stocks in their portfolio than they will never sell.
So where will the selling come from in a completely manipulated stock market?
It may never come... it may be that people wake up one day in a homeless camp with thousands of others while the dow hits 100k.
It reminds me of that excerpt in 1984 when Winston is talking about how the reports would show a surplus of shoes while half the country went barefoot. Sometimes I think it will disconnect even further from reality until a black market forms at the lowest levels and eventually overwhelms the "real" one like in the Soviet Union. There may never be a selling event only a long term crumble and then outright collapse.
Then again, there may come a point where the creditor nations like China and Russia decide to stop the music and collapse everything in order to cripple the US military industrial complex which is held together by this farce. I suspect if that plan goes forward there will be MANY international banks that will come in to short/sell this manipulated mess in all it's glory.
Those bankers will walk away richer than ever and the prospect of that wealth is what will drive everyone to do the same. They just need the bagholders to start running in here at 17k like a bunch of fucktards...
Is there a trade out there like the Big Short, a way to play this waiting for the bottom to drop out? There has to be a way to poise for this, is it just metals and wheat, fallout shelters??
Gonzales: There is one question, Chairman Yellen: Why do they call you "Dirty Janet"?
De Georgio: Ah that's one thing about our Janet, doesn't play any favorites! Janet hates everything except stocks and real estate: gold, silver, copper, Bitcoin, VIX, other currencies, you name it.
Gonzales: How does she feel about the middle class?
Fucking obnoxious isn't it..look at the last year on the chart...not an ounce of volatility in sight...LOL
If they cannot raise rates and stop pumping with all the AWESOME IMPROVING NUMBERS FOR THE PAST FEW YEARS...they are never going to do anything to tighten..because they can't..we know they can't and they no they can't...
Just as expected they will keep the super retard pump on just in time for the data to worsen..and that was the plan all along..HOW DO WE MAKE SURE THIS GRAVY TRAINS ROLLS ON UNTIL WE (The Oligarchs) ARE MADE WHOLE. How do we condition these fucking peasants to only know 0% savings rates? How do we use force and government edit to reach into these fucking pieces of trashes pockets and squeeze every fucking penny out of them for YEARS NOW...
Then they go collect their reward with speaking fees, book deals, board positions that are no show, payment for writing RESEARCH PAPERS. It disgusts me...only second to those who are too pre-occupied watching Vine Videos all day to even noitce or care.
Just in and off topic, but those who fly will feel "rich" by this:
"A TSA fee hike goes into effect at the end of this month. In a few weeks, the September 11 Security Fee will rise from $2.50 for one-way flights (with a cap at $10 roundtrip) and $5 each way for trips with connections, to $5.60 per one-way flight. The cap will be no more.
Under the new rule, fees for direct round-trip flights will jump from $5 to $11.20."
They'll selectively forbid shorting certain issues, hedge funds will borrow the float on everything else, and the premium on puts will be prohibitive even if the counterparty survives.
Who was it said the initial effects of hyperinflation are euphoric? One of the Swissies, I believe.
Of course, such as we are party-poopers, curmudgeons.
I am not going to attempt to short this. Today I was trying to recall the precipitating events of the 2000 and 2007 crashes. or what they appeared to be.
The crack in the dam in 2007 was those Bear Streans fund failures, was it not?
The last time we got a quasi-meaningful correction, it was the IWM that topped first.
Part of me thinks the FED may dynamite the ediface deliberately to let out some steam and create a Reichstag Moment. I look upon the FED as a malignancy, nothing more or less.
Idle speculation over coffee on another dry day in SF ... just buy bullion and step back. Imvho.
Fuck you bernanke!
Too bad a pint of beer is now $6-$7
Don't throw away the Dow 10000 hats.
Gonna need DOW 20,000 hats first though.
Or Dow 5000 hats now either.
And isn't it exciting to watch the market making its historical blow off top here today!?
Just like it must have been in 1929
gotta pump this bitch up before the 4th so we can all walk around happy happy joy joy
insane
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http://www.youtube.com/watch?v=jfNajFYPljQ&list=RDjfNajFYPljQ#t=18
Any bets on when we see a record breaking % down day??
When this period is in the rear view mirror, I wonder who will be in charge?
If history is predictive, the coming turmoil will be without precedent.
Think of all the cool Gopro videos of the pavement rushing up when the jumping out the windows start
So, ........ I should go "all-in" GPRO on Monday morning then, right?
.. maybe you can tack on a "0" and have Dow 100,000 Hat for next year.
Too bad a pint of beer is now $6-$7
Try homebrewing, it's fun.
What is 17,000 in pre Federal Reserve created and inflated dollars?
DOW *.*
Buzz Light year ain't got nothing on this market. FTW
"Fuck you bernanke!"
Fuck you Greenspam, Bernanke, Yellen!
party like it's 1999
There. Fixed it for ya. Feels more proper like this.
Music for DOW 17,000
Fly me to the moon
And let me play among the stars
Let me see what spring is like
On a Jupiter and Mars
In other words, Fed, hold my hand
In other words, baby , kiss me
http://www.youtube.com/watch?v=aSPbwXUq9vM
Come fly with me, let's fly, let's fly away
Once I get you up there
Where the air is rarefied
We'll just glide
Starry-eyed
http://www.youtube.com/watch?v=SLC5AGGHLz0
Frank Sinatra, Chairman of the Board
---------------------------------
Party like it's 1929
http://www.youtube.com/watch?v=9SHfyxs2SPI
Loose Bruce
Make my day bitch.
I know what you're thinking, punk. You're thinking "did he print six trillion in QE, or five?" Now to tell you the truth I forgot myself in all this excitement. But being this is the Fed, the most powerful central bank in the world and will blow you shorts clean off, you've gotta ask yourself a question: "Do I feel lucky?" Well, do ya, punk?
And just like staring down the barrel, you know you either play ball or you're dead.
The only other option is to never play in the first place.
Smiles are eternally underrated... And you just gave me one. Thanks Rand :-)
i feel so wealthy, ill be back soon, just going to pick up my new lambargini and farrari
Lucky bastid! I'm figuring out how to put wheels on my cardboard box.
Making a mobile home?
Don't forget the rims for those wheels flacon. Rent-A-Wheel here in SoCal will finance you.
THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN! THEY SPINNIN' NIGGA, THEY SPINNIN!
Mongo would just be happy if he could afford some of that soft toilet paper! This stuff he's forced to use now would make Mr Whipple angry enough to kick a small animal!
Zip Zoppity Doo Dah America!
Throw a Fucking Parade!
.....and the marching band in the parade should play Irving Berlin's "BLUE SKIES" over and over and over again!!! Party like its 1928 and 1999!!!
http://www.youtube.com/watch?v=HSnqqW_henA&feature=kp
AAAAND IT'S GONE......
don't expect anything to change anytime soon...this game is on autopilot
The only question that remains is "What happens when an Unstoppable Force meets an Immovable Object"?
better question is, can we get the vix to under 10 by days end?
Beware! Single digit VIX will summon the Kraken!
http://www.marketwatch.com/investing/Index/VIX/charts
What if VIX goes in negative territory? Bullish?
PetSmart jumping 15%! Recovery is here! Buy dog food Americans (you'll be eating it later)!
Pro Tip: Dog food is lower in sodium than cat food, and a great source of "may contains."
I advocate buying pet food, but not for personal consumption. Resell it after the collapse, because some people (enough) people treat their pets like addicts treat their drugs, that you have some good barter items there. Rover might be used to the good stuff, but he'll have to settle for whatever his owner can get him.
I wonder how the pampered animals will handle the collapse when, just like their owners, their standard of life is destroyed. Will people snap out of their pet worship spells?
The little pampered pets will handle it fine on BBQ skewer.
I've known many people (mostly insane American women), who's pets eat better than they do. Pookie eats organic, ground steak every day, while the owner eats Top Ramen. Not kidding. These are the same people who take the dog to Pet Yoga and all this other nonsense.
When it does go down, Pookie on a skewer, with a little Montreal steak seasoning, probably won't taste too bad.
Here we come, 25,000!
isn't that the title of Jeremy "The Insect" Siegel's new book? what a coincidence...
"Central insanity"
speechless
Congratulations America!! enjoy it, you deserve it!! You've worked for it!! Your FIAT currency is targeted for termination in global affairs. Party like its 1999 again because when the end of the party comes that's when the real dancing in the streets begins.
USA USA USA USA USA USA USA USA USA USA!!!!!!!!!!
BELGIUM BELGIUM BELGIUM BELGIUM BELGIUM!!!!!!
it's all bankers and all politicians from all major countries
don't blind yourself
the europeans are so desparate that drugs and prostitution will be included in Italy's and Spain's GDP - for now
this shit show is in everyone's backyard
Party like its 1859 is next
And at what cost? Don't show that chart without showing the total debt outstanding as well.
Air wealth.
Ramp and camp now that it's there, to celebrate tomorrow's 4th of July?
DavidC
So why do polls show more peeples then ever feel "poor?"
Things are going so well that Draghi is committing $1 TRILLION to the cause and the Saud's are throwing in 30,000 just for shits and giggles.
Damn, my WebVan stock is gonna be worth a fortune - I'll be rich!!!
What has popped every bubble since the Dot Com 1990's has been the FED increasing interest rates.
But the FED isn't increasing rates now. And they might not for many more years as long as the inflation numbers continue to be "adjusted".
My point is, if interest rates remain low, and liquidity high, how in the world is the stock market ever going to fall?
I keep trying to wrap my brain around this one. And if the FED is in fact amassing huge amounts of stocks in their portfolio than they will never sell.
So where will the selling come from in a completely manipulated stock market?
It may never come... it may be that people wake up one day in a homeless camp with thousands of others while the dow hits 100k.
It reminds me of that excerpt in 1984 when Winston is talking about how the reports would show a surplus of shoes while half the country went barefoot. Sometimes I think it will disconnect even further from reality until a black market forms at the lowest levels and eventually overwhelms the "real" one like in the Soviet Union. There may never be a selling event only a long term crumble and then outright collapse.
Then again, there may come a point where the creditor nations like China and Russia decide to stop the music and collapse everything in order to cripple the US military industrial complex which is held together by this farce. I suspect if that plan goes forward there will be MANY international banks that will come in to short/sell this manipulated mess in all it's glory.
Those bankers will walk away richer than ever and the prospect of that wealth is what will drive everyone to do the same. They just need the bagholders to start running in here at 17k like a bunch of fucktards...
I just fuckin' came.....
Is there a trade out there like the Big Short, a way to play this waiting for the bottom to drop out? There has to be a way to poise for this, is it just metals and wheat, fallout shelters??
Bitcoin. This time it won't just be the bottom of the market falling out, but the failure of multiple fiat currencies too.
Gonzales: There is one question, Chairman Yellen: Why do they call you "Dirty Janet"?
De Georgio: Ah that's one thing about our Janet, doesn't play any favorites! Janet hates everything except stocks and real estate: gold, silver, copper, Bitcoin, VIX, other currencies, you name it.
Gonzales: How does she feel about the middle class?
De Georgio: Ask him.
Dirty Yellen: Especially Middle Class.
Fucking obnoxious isn't it..look at the last year on the chart...not an ounce of volatility in sight...LOL
If they cannot raise rates and stop pumping with all the AWESOME IMPROVING NUMBERS FOR THE PAST FEW YEARS...they are never going to do anything to tighten..because they can't..we know they can't and they no they can't...
Just as expected they will keep the super retard pump on just in time for the data to worsen..and that was the plan all along..HOW DO WE MAKE SURE THIS GRAVY TRAINS ROLLS ON UNTIL WE (The Oligarchs) ARE MADE WHOLE. How do we condition these fucking peasants to only know 0% savings rates? How do we use force and government edit to reach into these fucking pieces of trashes pockets and squeeze every fucking penny out of them for YEARS NOW...
Then they go collect their reward with speaking fees, book deals, board positions that are no show, payment for writing RESEARCH PAPERS. It disgusts me...only second to those who are too pre-occupied watching Vine Videos all day to even noitce or care.
The higher they pump this garbage, the more resentment builds....keep it up ass hats.
Props for your nickname bro. This is space goat saying hello.
You're richer than you think. Just ask your real estate agent.
nibbling on my short positions today...larding on lightly....benchmark....
Just in and off topic, but those who fly will feel "rich" by this:
"A TSA fee hike goes into effect at the end of this month. In a few weeks, the September 11 Security Fee will rise from $2.50 for one-way flights (with a cap at $10 roundtrip) and $5 each way for trips with connections, to $5.60 per one-way flight. The cap will be no more.
Under the new rule, fees for direct round-trip flights will jump from $5 to $11.20."
Looks like a "2 bagger" to me!
http://www.smartertravel.com/blogs/today-in-travel/tsa-fee-hike-goes-int...
12 supervisors per shift making $150,000/year have to get paid somehow.
the price of getting groped and ogled just went up (again)
i am pissed cuz i missed the ride up, but I am ready to short the fahk out of this thing when it does finally break.
They'll selectively forbid shorting certain issues, hedge funds will borrow the float on everything else, and the premium on puts will be prohibitive even if the counterparty survives.
Next move is DOW 18,000. They have to keep printing and buying stocks to keep the party going.
This stock market will get so high, when it does fall it will be historic by all measures.
A bubblistic production brought to you by the Federal Reserve money printers.
The Fed is like NAR. It's always a good time to buy a home.
Bernanke was asked if there was a risk with subprime, he said no over 5 years ago.
When it finally blows, it will be taking the financial systems (and most likely currency) with it.
So the Federal Reserve banksters buy everything.
LOL, look at the Fed's off balance sheet debts and it's probably 3 or 4 times the 4 trillion.
The Federal Reserve is insolvent, but since they can print it doesn't matter.
What takes the Fed down is crashing the US dollar and loss of confidence.
^^ True story. This game can go on for as long as people have faith in the Dollar.
They won't notice... will they? Nah they won't.
ot: http://www.bloomberg.com/news/2014-07-01/fidelity-blocks-overseas-client...
Well, since no crash ever starts until everything looks eternally rosy, you can bring it on now.
Thank God the Economy thing is fixed, now. It had me worried there for a minute.
I'm rich...
ofc wear two dow 10k hats for dow 20k.
"Mission Accomplished" does not bode well for the future.
The last time I came across the phrase it actually meant "The civil war starts now!"
Who was it said the initial effects of hyperinflation are euphoric? One of the Swissies, I believe.
Of course, such as we are party-poopers, curmudgeons.
I am not going to attempt to short this. Today I was trying to recall the precipitating events of the 2000 and 2007 crashes. or what they appeared to be.
The crack in the dam in 2007 was those Bear Streans fund failures, was it not?
The last time we got a quasi-meaningful correction, it was the IWM that topped first.
Part of me thinks the FED may dynamite the ediface deliberately to let out some steam and create a Reichstag Moment. I look upon the FED as a malignancy, nothing more or less.
Idle speculation over coffee on another dry day in SF ... just buy bullion and step back. Imvho.
Bought a small chunk of TZA. Like buying a chunk of hash at the dispensary.
SKOL!
repeat the obama care and the dj goes over 20k.
I'm curious how this works out. Not in the next few days, it IS a holiday weekend. But come next week.
Will the reaching of this much talked-about 17,000 mark mean an orgy of retail buying, as investors throw up their hands and buy, buy, buy?
Or, will there be an opposite effect? Will people, seeing this high finally realized, now figure it's only downhill from here, and start to exit?