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Bunds & Bullion Bloodbath'd
Well that escalated quickly...
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What can ya say except fuck the tribe
Meh -
If bunds are getting hammered and Italian, French and Spanish paper isn't in this environment --- something has gone very very very wrong.
Exactly.
Just some Algos playing hot-potato during a counter-trend slide.
Wake me if the actual trend reverses.
[HINT: It won't...]
Bunds are under speculative "attention" from hedgefund managers that proudly announce they are "considering bets" of the hundred-fold leveraged kind (ZH Article recently)
meanwhile, 80% of Q€ is in the hands of the NCBs of the EuroSystem. among them, bigger ones like the national banks of Italy, France and Spain
Wow, if gold and silver are this feared then it is obvious that everyone needs to own them. The world is waking up. Everywhere. Their system only works in secrecy and the curtain they work behind is being pulled aside everyday. Thank you ZH.
Takes a while for the dominoes called "leveraged decay on composite markets" (turning 1 dollar into 10000 with a click of a button) and "lateral investment" (hiding money) to fall on one another. In the meanwhile wait for unilateral inflation across all asset classes in europe because that's what's been accidentally done. They literally have no fucking clue what they are doing and are about to find out what happens when paper class assets (aka Junk bonds) fluff themselves and their physical assets can't back it.
Now why is this happening?
The primary problem that's always been identified with Algo's is they don't know when to walk away from a bad trade, they play hedges quickly and can move volume but they are lousy at attempting to manage value. To Algo it's looking for trigger words like 'positive' or 'long' or 'bull'. The thing is if those terms are tied to a dog shit sandwich factory, it'll but those assets because it meets the qualifiers. More specifically the systems that manage the economy don't understand that people lie and a dog shit sandwich factory isn't a real business. It's just looking for any asset and part of the reason that if any profit is found in a stock, no matter how worthless the company (cough...apple). The Algos will buy it without hesitation.
The reason the Italian, French and Spanish bond toliet paper isn't on the radar is for one simple reason. There's no news. When there is no news, the algo skips it. Those markets run silent and invisible. They might not go anywhere, but as long as they hide under the table they don't get noticed by the trade bots.
Anycase the Algo's don't understand what they've accidentally done to their owners. Their owners aren't smart enough to understand what to fix and are about to get prison raped by their own creation...again. The irony is they paid a shit tonne of money to get beaten to death financially and destroy their own economic system. Basically they made their own rope and the only threat that been given by any of these financial agencies is they are going to hang themselves.
As you can see, no one is going to stop them.
retard
Drater
Drater
If you ain't cheatin, you ain't tryin.
You can thank them for them for the very CLEAR buy signal...
More like back to where they where not so long ago...
yawn. Let us know when everything in the paper market goes to zero. nothing changes otherwise.
must keep gold under $1200
must keep gold under $1200
must keep gold under $1200
Keep on stackin at these bargain prices while supplies last...
Yeah, because they were doing this same crap at $265.
It's like an OCD thing with them.
Payday tomorrow - time to get a little silver and set aside some cash for the deflation prior to liftoff.
It's not that shit like this happens, it that shit like this is never questioned. Sigh.
Stocks are overpriced. Debt is overpriced because of ZIRP. Where will the money flow to when it comes out?
The toilet? Free toilet paper for life.
And silver under $16
https://www.youtube.com/watch?v=FONN-0uoTHI
That was JP Morgue tugging on the gold line the last week; doing a little angling. He's reeling them into shore now suckers.
Nihao! tank veli mach. Xie xie.
What part of go to ZERO don't we understand. The sooner the better !!!!
Exactly - paper gold and silver intrinsic value is zero. Like the rest of the Ponzi Schemes paper-denominated ‘assets’. The whole illusion will vaporize in seconds when TSHTF.
All we see now is price propaganda – making the economy look good and making people loathe real money (PM’s) = stick in the paper-game (casino-gulag-business-model).
Hold on there, bucko! I'm still trading ragpaper for REAL stuff, and no one seems to think that's odd yet! Shhhhhhhh.
"Howyoodooon? Solar panels, eh? Oh, you'll take three strips of paper for it, huh? Gee, I only gots 2 strips though... Oh, you will?! Thanks Chump!"
wake me up when these losers collude and short the market in one big happy family. have a feeling that it is not allowed anymore, powers that be explicitly prohibit shorting risk.
A rate rise is right around the corner. The corner is as far away as the next galaxy...but it is there....just waiting to be rounded good and hard.
I don't get this rate rise. Once they do it, they lose control, am I missing something?
it's all just bullshit. they could jawbone the market lower in ten minutes if they wanted to. they don't. they want it to appear like we are in a recovery. they would like the stock market to stay high and have the fed funds rate at 2% and eat rainbow stew with a silver spoon. it is a dream, an illusion. they are deluded that they can even fake a recovery.
they probably want to do a couple 25 bps rate rise, every couple months, and get the fed funds rate to around 2%, as you say. They probably will go through with a couple rate hikes, since they want to still have 'dry powder' at their disposal for the next time everything tanks again. This way, they can incrementally lower rates again, and eventually start up QE4, once reality rears its ugly head. They probably believe they can keep doing this forever, too. eventually the world will learn that all fiat currencies go to zero, and you can't print your way to prosperity, but between now and whenever that time comes, they will keep trying
at this point, i simply can not wait for stocks to drop. and the margin calls to explode, forcing stocks down 100 points (SPX in a day). May is going to be fun for bears.
Well now we know why Walmart is closing...I mean having plumbing problems in the US... They are opening 115 stores in China.
http://europe.chinadaily.com.cn/world/2015-04/30/content_20585126.htm
Chinese plumbing is a bit simpler:
"Run pipe to nearest waterway."
pods
Come on Draghi, turn those printers up to eleven.
There goes another wave of metals hitting the Asian shore.
Selling is already spilling over into the U.S. bond market. The 30-year chart looks like yields are ready to soar higher.
HAHAHAHAHAHAHAHAHAHAHAHAHA!!!
Good one!
Have a little peek at this "30-year" chart:
http://static4.businessinsider.com/image/4e9318f969bedd154d000004/chart.jpg
Now, replace "JAPAN" with "US" and move the dates forward about 20 years...
Remind me again, why I went to apmex and checked the spot price? I was doing so good there for a few weeks, even when reading those articles about "surges". Not that I care that much since I don't trade paper...oh well. Another day in paradise.
Big dumb money puts on a paper trade. Once again, won't last. The same fools who thought the Euro was going to zero and the Ruble would keep dropping, put their hands in the bucket of water. There is no market. Just egotistical money managers losing to central banks who keep pushing bond prices higher and setting FOREX rates where ever they want.
President Pimp's SHIT economy printed a low and utterly fraudulent statistic about employment, and now bullion is worth less? It's a pimp's world.
HOOKERS AT A DISCOUNT. THEY ARE ON SALE. YOU LIKE HOOKERS? SO GO BUY SOME FUCKING SILVER!
JEESH.
An ounce of gold will still buy you 250 pounds of beef. Just like 200 years ago. After all, it is money, not an investment.
Gold is silly and worthless, but I really like you. Tell ya what: I'll give you 300 real US dollars for every ounce you have. I won't even ask for a quantity discount!
Tell you what. Make that 300 pounds of ribeye steaks and you gotta deal.
Tell you what. Make that 300 pounds of ribeye steaks and you gotta deal.
Oh no the price of the finite metals in my closet are down today! What will I do?
Save me Mr Janet Yellen! SAVE ME!!!!!!!!!!!!!
The level of ignorance from goldbugs is ridiculous sometimes. Yields on bunds RISE, making them more attractive than zero yield gold and somehow gold is manipulated when it sells off. Unless you shake yourself out of this tunnel vision, you will suffer with it your whole investment lives.
Your bunds will be worth a squirt of piss in six months.
Bunds are backed by the earning power of an economy that does rather well actually making things.
Things that pretty much the whole planet wants, because of the reputation for quality.
That doesn't mean bunds can't go down; it does mean 'squirt of piss' in six months is rather unlikely.
Once upon a time, firstly the UK, and later the US, made money in exactly the same way: with the same result - world economic superpower.
UK lost economic superpower status long ago, and the US is losing it now.
Watson
As investments, especially resulting from the ideological idiocy that the dollar will collapse immanently, precious metals are DEAD MONEY. The entire world is on a trajectory to hell, BUT the slope is very very very gradual -meaning it will be MANY YEARS before arrival and you will all die of old age while the dollar is still alive.
Look at this -
The trolls are trying to look intelligent!!!
If you can't see the manipulation at this point, you're about as sharp as a barrel of bowling balls.
There is NO dispute that governments and central banks manipulate the markets for anything that competes with their fiat currencies, eg precious metals -
that is just another reason NOT to waste fiat on precious metals NOW
the time to invest in precious metals is JUST BEFORE financial and economic crises, BUT the dollar is NOT NOT NOT in danger of immanent collapse, therefore now is NOT NOT NOT the time to invest in precious metals.
QED
And when will those notifications be sent out, asshat?
In case you missed it, there are economic and financial crises going on right now.
And so what "sane" person would invest in anything else when FUNDAMENTALS don't matter and the carpet can be pulled out from under you at ANY moment by a bull dyke's whim?
Answer me that one, Nostradamus.
Gold is in a bull market now in many other currencies. How long do you think the dollar can beat the odds?
To the elites of the world, gold IS money. They laugh at the paper promises which you hold so dear. The dollar will not be accepted anywhere outside the US by 2016. At that point, Dollar Index will be 50, 30, 5, who knows so wrong again.
"Dead money"? Dead money is what's in your wallet. Hear that sucking sound? It is the sound of negative "yeild" coming to a bank near you......and more specifically your account. Whatcha going to do then, punk? When it cost you money just to have money and you have to play the high stakes tables trying to find your precious "yield". Only then, the high stakes yield won't cover the the cost of sitting at the table. Rut-Row, Raggy!
Again, I have not doubt you and your ilk will come to take our gold.......because it is worth something, stupid. They will already have all the paper under their control. At least they will have to earn mine when they get it. It won't be taken by a few key strokes.
When the fiat currencies fail, the VERY FIRST things that ALL regimes in EVERY country will do is:
1. Confiscate ALL precious metals, including those owned by dealers, ETFs, CEFs, hedge funds, institutions, individuals, etc.
2. Ban the use, sale, trading, bartering of/with precious metals, under severe penalties enforced by the highly-militarized eager-to-comply police forces.
All of you who have been buying and storing precious metals, thinking that they will save you from control from the regime, would be far better off investing in a self-sufficiency farm, equipment, livestock, infrastructure, etc so that you will be able to provide at least your own food.
No regime is going to allow you to escape their control just because you bought precious metals – what a joke – can you imagine the conversation between Hillary and her staff:
Staff: What about the people who bought gold ?
Hillary: They were the smart ones who anticipated the collapse of the dollar, so they deserve to keep their gold.
Yeah, all you precious metals owners will get VERY SPECIAL attention from the regime.
Duh!
Did I not just point that out......twice? You think those of us prudent enough to buy PMs are just buying that? I could say the same thing about all you little self sufficient farmer wannabees. You think you will be left alone and get to do what you want to? Hell, you can't even do that now.
No one will be "left alone" by these control freeks. What you think I don't have any cash, land, business investments, etc.? Just because I refuse to play in their casino, you think I am stupid? Grow up!
You REALLY think a bunch of hungry people or the starving armed "defenders of the state" will leave your self-supporting farm alone? Give me a break, far TOO VISIBLE from afar. Just read what happened during any major uprising, war or famine with farmers - they got plundered first. Of course, one should not leave ones bullion in a BANK vault ...
..... ones bullion in a BANK vault ...
But in a vault.
Just because they pass a law to confiscate PMs doesn't mean everyone is going to obey... just like in the 30s.
"When the fiat currencies fail, the VERY FIRST things that ALL regimes in EVERY country will do is:"
That didn't happen at Weimar 1929. A loaf of bread costed more than a million Reichsmark.
The first thing what regimes will do is...... supply more money.
They do that because people think that a larger GDP means more wealth, while it actually is just more of lesse money.
The values stay the same.. the numbers just change. No progress.
When are you going to wake up and realize "yield" is just another term for "odds".
Chase that "yield" or those "odds", buddy. We'll see how that works out for you for the restof your "investment life". The jig is up, the game is over, the ponzi has been revealed. This ain't 1984, sucker. The House is about to suck out what little money is still at the tables.
We don't buy gold for yeild, dumbass. The only people that need yield are the suckers trying to stay ahead of the debt monster they have let in their front door. I know you and your masters will come after us and our gold because you need every form of asset in the world to keep your ponzi afloat as long as you can. When are you going to wake up and realize that winning doesn't make one right.....when the game is rigged from the start?
Bund Yields are up .. thats right. So are those of italy...
Yield of what, of paper and ink ? What has been printed more, Paper and ink or gold ?
What is putins best option, Gold or militairy ?
Why went a load of gold from a english vault via a Swiss refinery to India ?
It's all logical: if we can scare the silver coin collectors enough, they will buy stocks, which will improve confidence in the US economy, which (via some unknown transmission mechanism) will then set off an virtuous circle of economic renaissance in the US.
[Excerpt from Ben Bernanke's book - Chapter 12: Who Wants to Be a Trillionaire?]
You're naive if you really think their goal is economic renaissance in any way, shape or form.
The boom/bust cycle works pretty well for them, as they control where the tops/floors are.
The NWO will orchestrate a crash and a depression like they did in 1929. Just before it hits, they will magically have moved their wealth out of stocks into PMs and whatnot. This will make them even more powerful.
There will be a lot of starving bagholders after inflation hits. Those in the know and their cronies will be able to buy up a lot of assets on the cheap, as businesses get fucked on liquidity problems and people have to sell everything for some bread.
Modern slavery. Enjoy the superbowl with some bud light before you are led to slaughter, poor sheeple iphone zombies, their minds too far gone to see what's been happening right in front of their doorstep since a hundred years or more.
Another nice comment along with the Boating accident which they won't believe when they ask about your stack.. simply say, oh i buy for other people who wish to be anonymous ...
Tell them, I sold it all gradually over the years at a loss, for cash.
No gots, no profits, fuck off.
BTFD
Last day of the month and surprise, PM smack-down!
Greece is getting ready to exit the EU, metals have been getting whacked as a pre-emptive strike for awhile now.