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Fed's Fischer Says Fed Can't Be "On Hold For Ever", Spooks Bonds & Bullion
Fed vice-chair Fischer speaks and markets must show that what he says is important. Shortly after uttering the following:
- *FISCHER: MARKETS CAN'T DEPEND ON FED STAYING ON HOLD FOR EVER
Bond yields spiked and gold and silver prices tumbled (because it's all about the signal). Stocks initially ignored his comments, but are starting to lose ground now.
See - The Fed is serious!!
And stocks... not exactly dumping...yet
Charts: Bloomberg
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BTFD! Silver bitchez!!!
$15.35 +/- is coming soon......wait for it
The Fed should just kill itself now, and avoid all of the drama associated with painting oneself into a corner.
Of course, they'll kill a bunch of us instead.
The desperation is incredible. Daily "Statements" by someone in a position of authority. FFS the world has gone mad believing that the statements are actually legit and not the actual Fed policy itself.
Monetary policy is dead. All that's left is making a statement.
*FISCHER: MARKETS CAN'T DEPEND ON FED STAYING ON HOLD FOR EVER
Next up in the daily deluge of jawboning bullshit:
*MR. YELLEN: OH YES THEY CAN.
*CHUCK "MY ALLEGIANCE IS TO TEL AVIV" SCHUMER: GET TO WORK, FEDERAL RESERVE.
*BEN BERNANKE: I'M AT CITADEL NOW! CONTACT ME USING MY BROOKINGS INSTITUTE EMAIL.
Okay, Fischer:
RAISE THE F***ING INTEREST RATES!!!!!
I TRIPLE DOG DARE YA!!!!!
[Ain't gonna happen in my lifetime (and I plan on living for awhile...)]
With all the economic instability it's a great time to learn about free food!
http://naturecoastpermaculture.com/wild-edible-plants/
you think the nwo is going to come into reality without crisis?
The Fed is desperately looking for a scapegoat to pin the collapse on so they can proclaim their clean hands to the masses. I suspect they have several candidates in mind to blame when the SHTF. All this jawboning is nothing but cover so they can say "We really were ready to raise rates until X fucked everything with Y". With the declarations now coming fast & furious, they are telegraphing what is coming. This theatre is nothing but another engineered Pump & Dump scheme. Blow the bubble, then pop it. Banks win on the way up, and down. Same as it ever was. Rinse & Repeat ad nauseum.
Don't worry. They'll run out of silver any day now.
Hopefully not till all my assets are composed entirely of barbaric metals of a bygone era......
3. Gold is attacked at specific times -- 3 a.m. ET, pre-Comex and Comex open, NYSE open, London close, Comex close, 6 p.m. access trade open, and any opportune, thinly traded access markets.
http://www.gata.org/node/15250
right on cue.....
status quo, bitchez
With a forked tongue like that, u don't even need a utensil to dip your bread into the cheesepope fondue...
Blah, blah, blah, blah, blah. Meanwhile in Euroland yields continue to crash. What an idiot.
Meanwhile in Ukieland:
"Oleg Kalashnikov, a former member of the Ukrainian parliament, was found dead Wednesday evening"
http://www.dailymail.co.uk/news/article-3040777/Former-ally-deposed-Ukra...
gold and silver prices tumbled
Step one of checklist 550 steps....hope you packed a lunch.
Are you ready to go.....or do you need to throwup first?
When Fischer takes it from behind gold goes down. When he is on his knees it goes up. Today, he took one for the gipper.
*FISCHER: MARKETS CAN'T DEPEND ON FED STAYING ON HOLD FOR EVER
No not "forever" because that's a long time, so how about a few moar years?
His comment sez nothing!
Another 3 to 4 years surely?
Shirley?
nobody cares anymore
Can you believe that happened to gold?!? Gosh, I really thought the bullion banks, who make the rules, and control the market, and have been ruthlessly driving the average western investor out of the gold market, were totally going to get caught with their pants down this time, and yet somehow they did it again!
Well, that's ok, one of these days they really are going to lose it, and all their power and ability to bait the trend chasers with their chart painting will be to no avail! We'll get 'em next time! What a fucking joke - no, the gold market's not managed or manipulated at all...
The daily clown act on rates which began in October 2014 is back in full view for all to laugh at! Who will it be tomorrow is anyones guess!!
Its simple. You print money. You buy shit. Things get better. Whats with all this yappin?
No manipulation here at all folks, natural market forces. LOL. Be right back, need to call the coin dealer and see if he has room for a Mac truck to back up to his door.
Did he say that from USA or from Israel ???.....how every American that is not a dual citizen, doesn't buy just 1 ounce of Gold today is beyond me !!!
The FED needs to get that 0.25% rate rise out of the way so they can almost immediately remove it and go back to 0% or NIRP like Europe and demonstrate that they work for banks and equity markets - not savers, retirees, or citizens.
Who has 10,000 tons+ in their vaults, and when is the media event? That's all I care about at this stage. And plenty of storable food...
Maybe someone could point out to Stanley that the FED hasn't raised rates since June 2006 and ZIRP has been in place since late 2008.
Rates aren't going anywhere...unless it's a meaningless quarter or half point move (which they will cut later).
If they do raise rates, which I believe they eventually will. It will crush the emerging markets who have to payback their debt in USD's. -you heard it here first.
Right, and when all those emerging markets say "fuck you" and start using a BRICs currency? Then what? The U.S.S.A. is going to do what exactly? Send over repo men? LOL!!!
Why would they pay back their debt?
And my teenage son keeps promising to do the dishes. Any day now. Really.
If I reacted to my dolt the way the market reacts to Fed lips flappin', I'd have raised his allowance a couple thousand times in gestures of pre-appreciation. How am I the moron in this?
More lip service from the criminals at the feral Federal Reserve. As soon as they raise rates, housing craters, the eCONomy craters, and the government (lack of) budget comes apart.
(insert Gene Wilder picture of Willy Wonka here)
Now tell me again how you're going to raise rates?
"Good DAY, sir!"
WOW 1%, 0,7%... pathetic.
When's his birthday?
I'm going to send him a present if he'll include me on his list of forewarned "connected people."
On second thoughts, I'll just send him a fucking nailgun.
Who gives a shit what fucking lies that israeli dual citizen spews out.
If it comes out of his mouth its a lie. Keep the following in mind when he speaks.
That the Jewish nation is the only nation selected by God, while all the remaining ones arecontemptible and hateful.
That all property of other nations belongs to the Jewish nation, which consequently is entitled to
seize upon it without any scruples. An orthodox Jew is not bound to observe principles of
morality towards people of other tribes. He may act contrary to morality, if profitable to himself
or to Jews in general.
A Jew may rob a Goy, he may cheat him over a bill, which should not be perceived by him,
otherwise the name of God would become dishonoured.
Schulchan Aruch, Choszen Hamiszpat, 348
Are you certain this is in the Torah and not the koran? They would be uncomfortably similar otherwise. I confess I have not fully read either.
Both are hate literature.
markets? why does ZH continue to go along w/the charade?
rigged casinos (yes I know, thats redundant) they are
nice on a day with Goldman, Citibank and Blackrock saying how the are making boat loads of money...all thanks to the crooked American financial system. Market drops a 1/3 of a percent he will declare rates will stay at ZERO for our lifetime. All while the Golden Goose of American Prosperity withers! I hope they bring the gallows back!
Was it the Constituent or was it the Declaration of Independence.... A Stock Market by and for the FED so help us Goldman...or something like that!
AIPAC's Fed Candidate Stanley Fischer on a Warpath against Iran
Dual-citizen nominee's lifetime benefit to Israel comes at a heavy cost to America
http://www.irmep.org/fischer_aipac.htm
he's right - they can't hold forever - cuz they won't be around forever - hopefully they will cease to exist soon, hope and change I can believe in
Because nothing says physical assets are worthless like the Fed threatening to stop supporting the stockmarkets.
Tyler, let's see if you can rock this thing - put out a headline article here on the site that says
" BREAKING: 1% Fed funds rate hike tomorrow "
The day they raise rates (and I'm convinced they will, but it won't last long) is going to be an epic buy opportunity for PMs.
Raising rates is code for pulling the plug.
The rent is too God damn high.
*FISCHER: MARKETS CAN'T DEPEND ON FED STAYING ON HOLD FOR EVER
Fischer is a liar - the rates are staying where they are. If US rates go up, the USD rockets and that crushes the S&P500.
Fischer knows this. Fischer is a piece of shit, but he`s not stupid.
and crushes all that EM debt load, EM's would be fucked!
but perhaps that's their aim
In the time it took him to say this, he could have packed another suitcase for Paraguay...
The FED is learning to dance.
First step is QE on, QE off, QE on, QE off, QE on, QE off.
Next step is rates up .25%, rates down .25%, rates up .25%, rates down .25%.
And then lets try them together, QE on, rates up, QE off rates down, rates up, QE on, QE off, rates down...cha cha cha
Everybody likes to do the cha cha cha.
So, if the Fed allows rates to rise, so does the rate on treasuries, which increases the yearly interest on the National Debt which is already 12% of income.
Anyone want to bet on the screams when it hits 15-20-25 percent of income? How about when it returns to 6% average interest and hits 33% of income?
Fed is flag waving signals right and left, but it knows that unless there is a brand new source of actual income, any increase in the rate will tank the dollar and send uphevals in the economy as spending gives way to debt repayment.
Why on earth anyone would lend to a government that was 18 trillion in debt is beyound me.
Note the bias imbedded in the language. When the Fed isn't printing, it's "on hold." In other words, continuous printing is a natural process that cannot and should not be halted, while failing to print is a worrisome interruption that must not continue long. Orwell was such a goddamn genius - once Big Brother takes control of the language, the rest is embarrassingly easy.
Nice try. The markets have, can and will depend on the Fed staying on hold forever. The Fed's pattern of behavior shows that ZIRP or near ZIRP forever is their intention without doubt.