This page has been archived and commenting is disabled.
What's The Point Of Hiding It Any Longer?
Compare and contrast.
From the Chicago Mercantile Exchange 2012 10-K:
Customer Base
Our customer base includes professional traders, financial institutions, institutional and individual investors, major corporations, manufacturers, producers and governments.
And from the Chicago Mercantile Exchange 2013 10-K:
Customer Base
Our customer base includes professional traders, financial institutions, institutional and individual investors, major corporations, manufacturers, producers, governments and central banks.
And there you have it, but in case anyone is still confused, here is some more:
- "Cluster Of Central Banks" Have Secretly Invested $29 Trillion In The Market
- Bank Of Japan Plunge Protection Team Goes Into Overdrive, Buys Most ETFs Since 2010
- It's Settled: Central Banks Trade S&P500 Futures
At this point why even pretend there is a "market"? The "market", and by "market" we mean stocks - it has long been known that central banks actively trade bonds, FX and commodities - is whatever central banks say it is.
Finally, if central banks are going to be rigging the market as they now conclusively are on a daily basis, perhaps they can disclose ahead of the trading day start to everyone, and not just the primary dealers, what the closing S&P 500 price for any given day is.
»
- 57960 reads
- Printer-friendly version
- Send to friend
- advertisements -
You should see my buddy's micro-farm in Normal (just over an acre). Grows I don't know how many varieties of fruits and vegetables. Has goats, 50 chickens or so, doves, rabbits. Grows sunflowers for the oil, herbs. Incredible. He amended the soil himself and it propagated throughout his yard. Birds shit out pumpkin seeds from a nearby farm and now he has pumpkins growing like crazy, too.
My family has maintained the old ways on the south edge of the corn belt. Easy enough if the land is debt free.
I don't like the term "corporate farming" and it never quite fits what's going on.
More like land jockeys. Debt up to the eye balls and strapped in for a bumpy ride.
Only way to survive. One trip to the grocery stores reveals why. Demand is down because prices are too high. Stores will reduce their display areas significantly.
It's not that we couldn't produce more of everything but the consumer doesn't have the money to replenish their fridges and pantries as they did in the past.
When I see newbuilt houses with side by side fridges for the rich folks, I just laugh. What are they keeping in there?
The downsizing that's already in progress from the level of consumption and space we were using is going to get epic!
In the future, the only consultants will be Amish.
Go long on Buggy Whips.
I was at a tractor pull / farm show about a month ago. Some Amish vendors were there on Friday and Saturday ( not Sunday). Selling baked goods at one table, and furniture at another , and sheds at another. I ate some awesome pies, admired the solid simple furniture, and admired the solid simple sheds made out of fresh milled wood that smelled great.
Maverick
Answer to prob, long green leaves.
aint gonna stop me from dumping debt coupon dollars for REAL money PHYSICAL Gold and Silver...
fight to the death mother fuckers.......
DEATH TO THE MONEYCHANGERS...
"aint gonna stop me from dumping debt coupon dollars for any real asset or store of value" period, exclaimation point, etc. etc.
and yes, you should get your wish, should the real perps actually be held accountable...
In this life or the next they will.
When is the crash? This suspense is killing me.
never.
system is mutating, masses mouths shut , hung on ebt cards & social help all around the world. nail move = no money, masses have to feed themselves.
a masse on control is a masse who have stomack full.
i let you spend a night thinking about it.
I have to agree, never, unless a black swan takes out the derivatives market... Frankenstein has found a way of self sustaining himself... We have a form of monetary socialism going on... They just print what they need to pay the debts and keep the EBT cards topped to sustain the indigents, while the rest of us slave to earn a crust, of which the gubbamint takes their share to give to the indigents... Ain't it grand...
To paraphrase RATM...
What we don't know keeps the contract alive.
Something big is going to break in the not too distant future, IMHO.
Place your bets, and hope for the best.
I just have a feeling paper will not be helpful when it happens.
I think they just e-print the indigent accounts full out of thin air and could continue to do so long after they no longer collect tax from the middle class.
the money they take from us is how things are adjusted in society. snip, snip, clip, clip, tax and things are a whole lot more "equal".
It doesn't have to be used to pay off anything, it could even be simply destroyed. Absurd? I don't think so.
The entire system has gone to make believe land and isn't coming back. Why wouldn't they just wish up a quadrillion or 80 and see what those computers can do?
bugsmashers
Stop listening to clueless people that don't know how US Ponzi scheme economy really works.
There's NO ECONOMIC crash!
It will be something much bigger and much more complex than that.
Spot On.
There will be no crash until the the multiple blast waves of the nukorama put all the central bank's printing presses permanently on the fritz.
When Bernanke's Theory of Synchronized Printing is lost and gone forever, you'll be sorry you were so mean to him.
Why do we always hurt the one we love?
bid the soldier...,
Because of our biases. People are creatures of habit.
Whatever is comforting!
What if something is comforting, but you don't think it's comforting enough or you think you just deserve it.
That's what I worry about.
Dear CME,
I closed my account last week. So, you can take Individual Investors off your list now too.
"Chicago Mercantile Exchange"
Russia and China should buy billions in Gold contracts demand delivery. Find out how true the 70:1 over-subscription works. It will reveal to the rest of the world the fraud.
It would be fun to see the exchanges blow up.
comex is not a price discovery mechanism its a price supression mechanism. Keeping markets calm and the cheap metal flowing to the private vaults below the palaces while the sheep "invest" in paper will go on as long as possible.
and by trade you mean.. BUY BUY BUY with unlimited money.
good luck shorting against that.
Yeah, except for Gold. That gets shorted with unlimited money.
We've got ink. We've got paper. We've got printers. We've got power.
We're good to go!
Gotta admit I'm a little disappointed to see it, wanted to believe it wasn't true.
So, to make money in "the market" leverage long and hope I'm nimble enough to get out when the fleecing cometh (assuming there will be another fleecing by market crash rather than by dow 50k and gas $50/gal) or, just take my marbles and go home. I have created an excess of funds at this time and would like to use them later in my life, to support myself working less or even not at all. Maybe make the occasional golden years trip. This, I understand is evil hoarding and bad for the economy. Having grandparents who survived the depression and instilled values passed on through my father, I still feel compelled to underconsume and save. I used to have some metals before my boating trip that went so disastrously long. Farmland is less portable than I'd like and "the dollar" is a value losing piece of trash. Please, give me some more ideas to save my excess work in, portable, reasonably value constant and safer than gold. Lord knows I love to go boating.
Have you thought of investing in physical steel, copper, brass and lead?
Food, vitamins, water filters, weatherproof clothing.
FITNESS
Antibiotics, local anesthetic, sutures, quick clot sponges.
How about a boat with a PM ballast....
Markets are rigged by the central banksters....gee earth shattering revelation to ponder over the weekend. I thought we were saying this years ago.
Shhhhhhh!
class is in session for the uninitiated.
;
There is no market, there is only the press, and the squeeze.
.
Like poker. If you've been in the game for awhile and you don't know who the mark is...it's you.
It seems is if everyone in the market has a plan to get to the exit quickly when the fire begins. It is going to be a very small door - a few will pop out but the masses will be burnt to a crisp.
Thought it would have happend by now. Maybe it will just go up for ever, and ever, and ever .......
We will all be rich! Rich i tell you
Bwhahahahahahahahahahahaha
When I read a post like this, I'm always reminded of that little club in Rhode island that burned downed. Some of those people Wwereburned to death inches from the door , but couldn't get out because they were all piled on top of each other trying to get the fuck out !!
I saw a whole building next to the hwy on fire one night in that town. Imagine just driving down the road at 6omph at night 40 feet in the air, and seeing a building on fire with no firemen there yet. One of spookiest things I ever left behind in the driver side view mirror.
The longer things drag out, eventually more and more buildings will either burn down or fall apart. The herd culls itself.
Stay away from crowded places.
When this trap is sprung it will close that door at machine speed. Nobody that wasn't already out will get out.
I'm sorry for wishing for the collapse and all the collateral damage that it may cause, but the system needs to be cleansed of this corruption. Being self employed, I am on my last leg. The biggest issue in my business model is the supply chain and how daisy chained each company is to one another. Every company is running on credit hoping receivables come in just in time to make payments to offset payables. When even one account falls back a week in payment, it upsets payment on all other areas. More and more, instead of seeing just people live paycheck to paycheck, I'm seeing companies living from receivables to receivables. A breaking point is near.
Ah, reminds me of the bad old days in the 1970's. Big corps like GE(uk)would pay
suppliers net yearly account, whilst sitting on record cash piles.
Sounds like your customers problems are no cash though.If you can, change your customers,
if not you'd best make sure you can afford the bad debts coming your way.
I changed my customers after 2008, but few are that lucky to be able to do that.
Couldn't agree more. My biggest issue has been customers being bought out by larger conglomerates. Whenever someone is in the process of selling out, payables slow to a trickle as new financing is obtained. Business that could be conducted in good faith when getting paid within 3 weeks becomes a gamble when a company is in talks to sell and you now get paid in 6 weeks. The sad part is that this could be manageable if every company were not using the same principles of fractional reserve banking and using credit for basic daily operations.
Works both ways on that.I reorganised three company's under one new one in a buyout,
back in the late 1970's.
It took two years to get all those company's a/r in because all their customers saw it as
a good reason not to pay.Those had been prompt payers prior.
Human nature hasn't changed much, any excuse to procrastinate will do..
I own a small firm that was requested to do work for a major mall store that everyone knows. Declined because of the very good chance they will go BK, issue a letter of complaint to the GC (to stall), and then I'm fucked.
"I'm seeing companies living from receivables to receivables. A breaking point is near."
Sounds like they need a government bailout. The govenment wants to own everything.
Stonecutter's Song
That's why the man who invests all my money is called a 'broker!'
We print the money and we own everything, done deal.
Something just occurred to me. Who's going to show this to Doug Casey and Traitor Dan?
Central Banks are buying stocks instead of sending me my tax free check for $3 Million.
So it is all about Wall Street and not Main Street.
The stock market is equal opportunity welfare for all who could own stocks. Choosing not to in this run up was not a money making gamble. That said, anyone not actively getting out now will probably get caught. Just look at what people like Soros do.
So stocks, ETfs, Bonds friggin EVERYTHING has been diluted with FIAT to supposedly counter deflation. Thank GOD i'm not holding any of the above as the Central Banks have ruined their currencies and ruined the value of everyone else's share of investible assets. Ironically, Gold has been held down and you can still get it on sale. Central banks have diluted the value of EVERYTHING by printing FIAT so its a NO BRAINER to buy the only asset that has benefitted from this dilution of value and that is GOLD & SILVER.
God (if it exists) help us all when this shit unwinds someday.
If God is watching us, the least we can do is be entertaining.
god is watching
Look Busy!
Leverage to the max and long on the worst of the worse, cash out, buy gold and land. So easy a caveman could do it. If you don't get out in time so what, tell your broker to fuck off, whats he going to do? You will be the last person on his list of deadbeats, he should have squirreled some away for the collapse;)
OK, so I know I am being naive but isn't that illegal? Against democratic principles of separation of powers - old school niceties like that which created efficient markets. If things have gone so far now that TPTB can be so brazen about it , with open information showing Central Banks manipulating the markets, why would they ever stop? Who is there to stop them?
How can this ever be unwound? Why would they even want to try as it is working so well for them. Except for those payroll figures yesterday... oh, and the real economy.
central banks are THE separate power.
not part of legistlative, executive and judicial.
they MAKE THE MONEY
All wars are central banker's wars.
https://www.youtube.com/watch?v=5hfEBupAeo4
So that Wash trade in gold in 2013 was between central banks and not some guy looking to dump all his gold at one time.
I'll be damned.
You guys keep discussing this phony mind-game they're running and Agent Smith is going to show up..
RUN! Go to Wabash and Lake!
The EL truns there but there is no stop there.
Our once free markets have metamorphosed into a form of political control for the oligarchal super rich who have the audacity to maintain the facade of freedom and democracy. Capitalism has failed, there will be social and political consequences in extremis when this falls apart - which is likely in the very near future.
Yes, the debt is not a financial problem, it's a means of political control. How much control does a psychopath need? At what point does he or she decide that strangling the kitten is not enough, and decides to light it on fire?
Like Jack said
"You cant Handle the Truth"
The Chinese and the Russians are not any smarter. Everyone is just out to steal as much as they can.
There is no crash coming. The only crash will happen through stealthy devaluation of the dollar. S&P will never be below 1750 ever again.
Think about it.
Everyone who is smart enough to sell and short has already shorted. And we are at all-time-highs. There is no one left to sell. Get ready for the slow squeeze. This market is NOT going down.
I think you are right. As long as they have the printing presses, they have now infiltrated one last bastion of free enterprise and reduced it to a bad joke.
Governents now own companies and are shareholders. How else could this market keep on going up and up, where companies without employees or business rake in one, two, three or four billion. Average private investers aren't that foolish, but when you have hundreds of billions or trillions to play with the sky is the limit. No wonder the VIX is low when risk is rampant, they bought that too.
When the stuff hits the fan, it will come back to haunt them. Whatever comes around goes around, that is an irrefutable aspect of life. It may not be today or tomorrow, but that day is coming, especially if one country's stock manipulations breaks another countries portfolio.
Can it happen?
Damn right.
not governments.
central banks own; companies and governments, and people
I agree. The Gov't will just use inflation to get out of paying back all those trillions. Most people are too stupid to understand. The rest are in no position to do anything about it. They just have to shut up and take their licks.
The Capitalists will sell us the rope with which we will hang them. - Vladimir Ilyich Lenin
Done and done.
I agree with you but what happens to the average person? What happens when the dollar is so de-valued that he/she can barely exist? A traditional crash may not be in the cards but something is. The squeeze is already tight.
I can't help but think about that 300 million armed Americans quotient. That's a hard fact and it's growing.
So if a crash is being prevented as part of a methodology to inflate away the debt, when do wages fall in line? If they don't, there is a breaking point soon.
Inflation is already very real.
It doesn't really matter. "They" are buying everything. "They" will own everything. The really craptacular thing about it is that we will have to pay back all the loans "they" gave "themselves" to do it.
This is the endgame for us. It doesn't matter if the market crashes, rises, or goes due east. They will own everything including the debt. You will have to buy cars from them. You will need to gas up that car by buying gas from them. You will drive to your corporate job and work for them. You will pay your taxes to them. You will pay your house payment to them.
They will own you in six ways from Sunday. Good thing the po po is on your side.
freedom in a box. no that tampons. i'm free markets! no no no. free trade ! that's it. that's the ticket. these socialist single mothers need their socialist educated children to have new 9am-5pm hours so gay marriage can take hold in society. isn't that like going ass to mouth?
Those like I who have been saying this for quite a long time already accept apologies from those who riduculed us.
Thank you very much
We still love you
Next thing is that there is not even need to trade at all.
NSA simply can override the system and mark digits up or down as central command orders.
No trading needed for Dow to go 50k by end of September. NSA can do that easy peasy
Am I going to be riduculed again?
Tyler, wake the fuck up and cover this
http://map.ipviking.com/#
Back to school at NUDT?
http://www.norse-corp.com/blog-thursday-140904.html
Some other real time trackers
http://www.digitalattackmap.com/
http://map.honeynet.org/
Those who know don't care, and those that care don't know.
"Whats the point of hiding it any longer"
this reminds me of my thought process in 9th grade gym class in regards to myraging hardon
Words strung together have a certain meaning.
The Pink-o Elephant explained this to the class long ago;
"I've abandoned free market principles to save the free market system" - George W. Bush
www.youtube.com/watch?v=Tmi8cJG0BJo
Soon we’ll all be working and parallel we'll all be subsidized w/EBT.
It’s already happened to the entire (fast) food industry and retail. MacDonz & Wal-Mart level workers do that now.
"this is what we're doin to ya folks."
incest to the end
Low income, min. wage earners are their own industries best customers. Good luck replacing the fast food workers with automated servers etc. Big corp. America is in trouble....
<”Because our way of life has already peaked; and the collapse is taking shape.”> Nail on the head for sure! Peak f - - - ing everything. Energy, autos, houses, I-Phones, debt…you name it. How low of an IQ can this f ---ing country have not to see what’s coming? Are millions really that brain-dead? Just figure the gubernment will take care of them? The central bankers will always be there to intervene because they know Dow 6,300 means riots in the streets? A nation taught that borrowing money to buy crap nobody needs is somehow “patriotic”. Lives destroyed by debt while the bankers laugh and get richer. Central bank market intervention is now all that stands between some civility and serious social unrest. The oligarchs will use everything they can get their hands on to keep the peace and remain in power. It will get very interesting when faith in Fed finally ends.
Yes
When a central bank buys an interest in a corporation they also buy an interest in where they open factories, whom they hire, as well as those companies lobbying budgets.
This is fascism
This explains how Carol M Browner ended up on the Bunge Board.
Pretty much looks like a rehash of Mussolini's economy in Italy.
Unfettered capitalism includes the seeds of its own destruction , as Marx pointed out. The removal of controls in the 1980's ie deregulation et al , made the present planned market fiasco possible as an unintended consequence .
See http://andreswhy.blogspot.com/2014/04/vardzia-unintended-consequences_24...
When the oligarchs reap the majority of the profits and the losses are institutionalized across the tax base of the citizenry it's not "unfettered", and that's the way it's been since about the time of the Aldrich Plan...
Unfettered capitalism is capitalism where if you load up on 5X+ your own assets of risk and fuck up you end up spending a significant fraction of your subsequent years fighting cats in the gutter for city leavings and if you load up on 5X+ accumulated assets of a bunch of other people of risk and fuck up you end up getting sunlight piped into your jail cell at best and rule 308 enforced upon you at worst...
They've made a fool out of me. I'd never have guessed in a million years we would still be chuggin along 5 years ago. Andrew Jackson was right.
a den of vipers
I've come to realize fully that bearish the real American economy and the financial and moral bankruptcy does not mean short stocks, because in doing so that means one believes nominally they will go down. Why should priced in US fiat equity stake cost go down? It is as simple as that. They are in the end game, and TLT and SPY are joined at the hip, no negative correlation. It is all in to preserve the illusion of 'king dollar' by low rates because high rates means creditors ain't taking USD unless they get compensated for the risk of holding them with higher rates.
no bid contract prolly.
I could sell em' futures, but NOOOOOOO
Communism through the back door. The state will own everything.
the state? NO. not communism. the TRIBE owns it. there is no state. only a few members of the TRIBE
...which is pretty much exactly the same customer base as Zerohedge's...
...which is pretty much exactly the same customer base as Zerohedge's...
Like I have illustrated to friends numerous times. If the five of us sat down to play poker and I had unlimited cash....... And I mean unlimited.....tell me who walks away with everyone's money.....every time?
That my friends is what we are dealing with. Your only hope is to walk away from the game. Go enjoy life while u can and quit trying to get rich by swimming with sharks. All u will have in the end of their game (if u survive) will be a pile of paper. It is truly amazing the work, time, education, money, effort and heartache people will scratch and claw through and fight over.......just to get a pile of paper.
Well yeah, if you keep your savings in fiat, in the end all you have is alot of fiat paper. Work and then save in real assets-gold and silver. Enjoy life along the way, but save real money to enjoy the golden years.
Yup, and the only way their pile of paper is even worth anything is if you play. The working citizenries last shot before the cosmoline starts getting wiped off is to withdraw their economic consent. Outside of basic necessities, just quite buying shit and for petes sake quite accessing credit and pay off debt!
Send this data to CNBS so that they can't deny not seeing the data that the market is uber rigged and then not reporting it to their viewers.
Oh wait! CNBS' viewership is at 21 year lows (http://www.zerohedge.com/news/2014-09-05/cnbc-viewership-plunges-21-year...). Almost no one will see it.
Reminds me of 'if a tree falls in a forest and no one's around to hear it...."
One can almost hear 'John Galt' turning the CNBS motor to 'off'.
Central banks and exchange houses have become consenting adults. The bastards created machine dominated trading.
this isnt about hiding the depression, or covering for bankrupt government.
this is plainly, the centralization of OWNERSHIP of everything. the tribe behind the central banks.. OWN OUR SOIL, the PHYSICAL country. this isnt the US anymore. this shit beliongs to someone, and it AINT YOU
Everyone depends on the 'market' for financial stability. 401k for retirement, stock options, bonuses, etc. Market tanks, companies panic and the fed (on behalf of the taxpaying citizenry) jumps to action by further robbing the public. Those who understand the market and the players pulling the strings are along for the ride.
"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." — Rothschild Brothers of London, 1863
Wish those fuckers would get around to buying baseball cards. I've been underwater on my '87' McGuire rookie card forever and don't get me started on my Beanie Baby collection. There's plenty of worthless assets out there that good money could be flushed down the toilette for.
This is why I just want a big bag of gold. If stocks go higher I havev no artificailly high stocks but a big bag of gold. If they crash I have no worthless stocks but a big bag of gold. Either way I have a big bag of gold and no stocks so I win every time. I don't know anyone who has a big bag of gold. Everyone I know has stocks and no gold and they are all fucking stupid and I don't want to be like them. Plus I just want a big bag of gold. And I want big bricks of silver too.
The beauty of this simple homily is that it is far more compelling than most sophisticated, multi-page analyses of the stock market and alternative investments.
No kidding.
This way when the collapse comes the TBTF will own everything including the militaries of NATO. How convenient.
Arrest them for treason now or die M'Fers.
We have to pretend there's a market until a real market reappears.
Now it's the Central Banks and their Synchronized Printing that are keeping the pretend markets high and national economies alive.
You have to admit it's better than the alternative.
The Central banks probably have a secret currency or accounting proceedure that they use amongst themselves and which determines how much any central bank can print in any given period of time.
Central banks are very secretive. They only tell you things they want you to know.
The Fed probably printed a lot more greenbacks than the 3 quantitive easements they publicized. They told us about QE1,2,3 because they wanted the international banks, markets, and institutions, Wall Street and the City to know that the cavalry was coming to the rescue. But they didn't want anyone to know exactly how much they had printed and how much more they were prepared to print.
But the Fed tipped its hand
Bernanke went to the Fed in 2002 as Greenspan's successor when Greenspan began his last term. Bernanke was duly nominated as Chairman in 2005. As Chairman-elect, Bernanke made his first call
A couple of months before Bernanke assumed the chairmanship, the Fed announced that during Bernanke's tenure M3 would not be seen by the public.
Two years before the Recession of 2007 and its announcement in 2008, Chairman Bernanke decreed that publishing M3 and one of its constituents, "repurchase agreements (RPs) was de trop.
It was as if Bernanke knew in late 2005 that in 2009 America would face it's worst economic disaster since the founding of the Republic. One which could only be averted if the Fed were able to buy unlimited amounts of toxic assets from banks, insurance companies, etc, etc, through the use of Repurchase Agreements or Repos.
And keep the sum total from the American People. Oh, in 2010 they would be told about QE1and as the DJIA crept higher more would be disclosed.
Until now when the DOW is making new all-time highs and many of us are sore because the Fed printed money to pay for the banks' toxic assets.
But the puzzling part of the story is how did Bernanke know in 2005 to have the Fed stop publishing Repos which would the avenue for the Fed to print all the money the banks would use to levitate the markets and keep the American middle class whole?
why even pretend we are anything but slaves ? What's the point of hiding it any longer?
So you buy stocks and bonds with money earnt they buy the same with money created but people seem perfectly happy with this senario.
Every single purchase of anything by central banks and its partners and member corporations although purchased with money created is actually value stolen, each and every time from the value of everyones savings and future labor.
This scenario persits for as long as people are content to use a private money controlled by people with an extreme priviliage.
To an extent the middle to upper middle class create a buffer zone between the people and the privilaged elite, because by positioning themselves in certain investments such as property and the stock market they can ride the wave of money printing, always at the expense of thoses who are not positioned in any investment, the lower class.
And so the middle to upper middle class will make choices that allow this exploitation to continue or simply turn a blind eye to it because they can temporarily benefit from the situation.
To say the market is rigged is an understatement. After over 30 years of trading commodities I will flat out state without any reservations that lies and manipulation run rampant. If you think anyone is looking out for the small independent trader you are wrong. An unholy alliance of the Federal Reserve, the government, and the too big to fail has left the rest of us in a precarious position.
For the big boys, its insider information and computer trading, this includes computing patterns that exploit where stops are placed, this improves their ability to wash the weak out of their positions. The bottom-line is that the higher the market goes the more vulnerable it becomes to a major collapse and sudden downward move. More on this subject in the article below.
http://brucewilds.blogspot.com/2013/07/markets-more-lies-and-munipulatio...
ICELAND - THEY GOT IT RIGHT.
All the crook banksters locked up in prison and who knows what happened to them after the iron door slamed behind their butts. No media stories to date advising that any of those criminals were released. I think they are gone - forever. Joy!
You ever see that video where the guys throw a bag of trash down through the thin crust over the lava in an active volcano? I like to think that's how a crooked banker would go too, and Iceland's got volcanoes!
http://www.youtube.com/watch?v=kq7DDk8eLs8
BTW, I think the violence of the episode isn't due as much to the organic/moisture content of the bag as the destabilization of the equilibrium held by the existing volatile content of the magma below the crust being disrupted
And Treasury gets how much of the "FED profit"?????
The FRBs stock holders get a 6% dividend....right?
The rest does to treasury.
Why is ZH allowing Asian dating sites to advertise at ZH?
Because they pay in cash?
ZH only takes gold....but they've got a lot of that too.
It is targeted advertising....right?
maybe you, uhmm, accidentally clisk on their site.
I think the only solution is awakening the sheep.
Correct me if I’m wrong since I’m practicing for the coming annual round of family Thanksgiving day arguments so tell me if this sucks as an analogy or not.
One thing is clear to all is it takes two incomes today to live like one income allowed yesterday.
The sheep can comprehend that over the last 35 yrs, it takes 50% more time (labor hours) to buy the same 20 gal. of gas or median-priced home or 1 oz silver, and 200% more time (labor hours) to buy 1 oz gold.
The deflation of labor value could be reversed with gold-backed monetary system.
I'd like to remind you that the entire world of fractional reserve banking started under a gold standard. The vault masters realized that all the gold would never be asked for at once. They began to issue more receipts than was gold. Charging interest on gold that did not exist.
If we were to adopt a gold standard it could only work if the currency is issued by the treasuries of nations in the interest of it's people rather than the private interests of international banksters. The Fed would have to be federalized.
Save the Fed! Federalize it!
Like it was under Licoln?
I see just about everyone bought into ZH's sensationalism.
Where is the evidence that central banks are into equities large scale?
US runs an annual trade deficit of $500 billion ... Europe in same boat. Of course, there are $trillions floating out there held by mercantile and energy exporting countries. That is where the large bulk of the $29 trillion coming from ... various sovereign wealth funds having to invest in something ... why not equities?
No story ... just scaremongering
Tyler can you please post something on the BABA IPO. Theres a lot of comments that need to be made on their F-1 filing that aren't like all the other recent IPOs.
dependent (as opposed to independent of government) central banks have been doing this for decades, since oil, mineral and mercantile trade surpluses first occurred.
these days, central banks should be viewed as sovereign wealth funds. its just that some (dependent) central banks get their financial and physical assets from oil, minerals and trade, where as some (so called "independent") central banks get their financial and physical assets by printing money to cover mercantile rade, mineral and oil deficits.
since fiscal deficits and trade deficits must be equal in an accounting sense from the GDP equation GDP = C + I + G + (X-M) - tricky but true if you think about it - countries that cannot support themselves fiscally (i.e. run fiscal deficits), imports "stuff" financed by the people in other economies.
a great question would be "what percentage of dealing in government debt and holding of government debt globally in all the different government debt markets is between central banks and soveregin wealth funds, directly by the central baks dealing desks, or at arm's length via fund managers who register assets in delaware, bermuda, london, ireland, switizerland, liechtenstein or luxembourg?
my guess is that this number has gone up form around 5% in the 1970's to around 60% now.
my guess, is based on an estimate that this number can be proxied as the difference between goverment debt on issue, less the government debt used to match liabilities passively, less the government debt in index funds. the remainder is the what goes to the global game of spendig other people's money amongst western governments (from running fiscal deficits - which, of course, is a "shades of grey" form of communism.
QE monetary policy from each of the world's central banks has to be pretty much neutralized by the net of the QE monetary policy for every other countries central banks. The UK has QE = to 40% of GDP, then the US, Chinese, Russian, Brazilian, European and Japanese central banks must (somehow) take up the sterling equiavlent of the UK Gilts behind this in the Bank Of England's 1's and 0's of printed cash.
the nt effect is double O trple O fuck all blank on economic activity (trade surplus/deficits) or employment. to assume that entering numbers on a spreadsheet is real, is a psychosis of the most severe order.
agree with much
but
"QE monetary policy from each of the world's central banks has to be pretty much neutralized by the net of the QE monetary policy for every other countries central banks."
not so much
velocity of money cratering (in US) taking care of the neutralizing
http://research.stlouisfed.org/fred2/series/M2V
it's all relative...like an extended family of mice, or central banks/SWF's or money borrowed via cental banks to hedge funds.
the measurement of transaction volumes is far more important than the rate of change of money circulating in the global central banks coffers.
the supply and price of goods and services should be on a natural decline (from obsolescence/over supply) ..it is the new which is important and the rate of creation of the new which matters. like stuff that makes us all more civilized and healthy. only M1's, M3's or M2V's are as obsolescent as the changes they were intended to measure fifty years ago.
the worm has turned many times, socially and standard of living (ly) wise since then.
gone are the models where GE would supply the power to inefficient cookers, fridges and washing machines that they alos built. the same is true of the banking sector and the central banks.
they are now an impediment to development not a support of personal growth.
Steve St. Angelo has good discussion on gold and peak energy
http://www.silverdoctors.com/
I am the Guy who makes all the Critics of Zero Hedge and Proponents of "Don't Fight the Fed" eat their words.....
Having said that:
Manipulation is a Lame Excuse by both both Proponent and Believer......
http://www.talentseekscapital.com/uploads/3/2/6/9/3269986/open_letter_to_warren_buffett_2014_x7.pdf
In 2008 I Short APPL in the January 2009 100 Puts.......
By November 2008, I was Sitting Pretty........
In 2012, I was Short APPL into $ 700, by 2013, once again, Sitting Pretty.......
Stan Fischer of the Bank of Israel, and whatever other Central Bank's were Buying......
You see, a Sucker is a Sucker........
Central Banks have no immunity from Buying when they should be Selling, and Selling when they should be Buying.....
Nobody has the Power to change the Nature of the Game......
Anyone who thinks otherwise only demonstrates either Ignorance or Arrogance:
Ignorance for Believing or Arrogance for Thinking.....
What the Central Banks really want is for People to Believe they are truly in Control.......Because the Minute People don't......
So when I hear "Manipulation" the translation is " I am a Sucker and don't Know Shit from Shinola" in Markets......
There are always Opportunities to make Money Short in Markets.....
"In my 30 years in Markets"....
Yeah, Yeah........ Better Pick Up your Marbles, and go back to School Son.....Because you haven't even begun to learn.....
The Higher it is "Ramped" the more Money to be Made on the Short Side....
And for those on ZH seeking "Justice" for the "Crony Capitalists":
I am the Man who just put the Arrow into the Heart of Warren Buffett....
And the Bleed has already begun.........
Because I will Proven Right as Rain, just like in February 2010 when I said Long the 10 Year and Rates in General......
I have the Record to back it up......
Unlike the "Bond King" and Psuedo Guru Booksellers....
For those who want to "Begin to Learn" as the Master would say, read "Reminscences of a Stock Operator".....
And to you Tyler, et al., I have called out Warren Buffett on his " I can't be Challenged Short":
Care to give the "Real" some Air Time ?
Buffet's biggest problem is he can't be nimble.
His stakes are so large now that exiting them (at least quickly) will tank them.
No choice but to bluff ... no matter how he truly feels.
http://www.cnbc.com/id/33608379/page/16
How your being poisoned.
http://youtu.be/oqB4L-V67iM
Wake up
At this point, what's the point of stopping short of 50+%?
"[The trend] could potentially contribute to overheated asset prices" -> "The trend could potentially contribute to public ownership of 'private' sectors"