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ECB Asset Dump...
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what was the term Fred Sanford used to refer to the items in his junk yard? he didn't call them deferred assets, i know that.
Draghi is underqualified for the job of sanitation & is an insult to honest working sanitary engineers (garbage workers).
There’s the old adage, “You get what you pay for”.
Ergo, you know your money is worth less when it’s used to buy garbage.
One day, that is all you’ll be able to buy with it,
and sometimes “a long enough time line” isn’t very long.
Another laugh out loud one Mr. Banzai. Thank you.
Rumer on the street is that bernanke can not re-finance his house loan. Is it the one he got his 1600 SATs from in carolina, or wherever the SS lets him live now?
Ever sense they moved the SS out of the treasury to the DHS it is really hard to understand who is incharge now. Has Lois learner resigned yet?
bernanke said that, at one of his hi priced speaking engagements. he added something about credit tightness in the general economy. the current generation of milennials has never experienced tight credit. boomers grew up without consumer credit, and the first credit card was a coming of age. the primary effect however was is in home and auto loans and it usually accompanied a recession, which is something milennials haven't really experienced (unless you want to refer to the general economy since 2008) and while jobs are scarce credit has been easy, but that might all be about to change
glorious image. glorious. well done, WB7
Hit the brake and pull that compactor handle, quick!
Thank you Banzai, gimme shelter from this Ebola Shit Storm ;-)
http://www.youtube.com/watch?v=tZQR-o4nO1E
off topic, but I don't care...
look at the massive volume that just tanked the paper silver just now and it's under 17/oz once again!
Massive spike in volume over 300,000. Love it. Stack up that phyzz, bitchez!
and FYI, supplies in huge shortage right now and there has been record setting sales of silver Eagles again in the last few days. Premiums have spiked up as well and there are now delivery delays of up to 2 or more weeks.
Get your orders placed now for phyzz. You can wait to see if it drops to 16 or 15 or 10, but at the same time there won't be any supply and premiums might spike to 25% or higher just to off-set the downward paper price manipulation, so don't fucking wait to add to your stacks.
WB7 Excellent work! I think the trash truck needs a spiderman towel in there.