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Draghi's Verbal Intervention Perfection

Tyler Durden's picture




 

Never, in the history of man, has so much 'wealth' been created, by so few, for so few, by doing so little...

It appears the art of the jawbone has been perfected by Mario Draghi...

  • 2012's "whatever it takes" speech 'saved' The Euro and sent it surging over 160 pips... all with no actual action!
  • In 2015, on the basis of a chat among dovish doves about maybe possibly doing more dovish things, Draghi moves EURUSD by 300 pips...

 

The age of Central Banker omnipotence is going exponential... except if you're Chinese...

 

Charts: Bloomberg

 

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Fri, 10/23/2015 - 12:00 | 6702919 Tim Knight from...
Tim Knight from Slope of Hope's picture

Fri, 10/23/2015 - 12:08 | 6702932 El Oregonian
El Oregonian's picture

They're just playing the fiddle while watching it all burn...

...And yet, even so, death will become the great equalizer...

Fri, 10/23/2015 - 12:13 | 6702978 15horses1donkey
15horses1donkey's picture

been created, by so few, for so few, by doing so little... just pimping http://zhc0.com


Fri, 10/23/2015 - 13:09 | 6703155 SILVERGEDDON
SILVERGEDDON's picture

15horses1donkey.

IF ZERO HEDGE HAD A FUCKING CURRENCY OF IT'S OWN, IT WOULD BE MINTED IN INCORRUPTABLE NON HYPOTHECATED NON DERIVATIVE NON MARGIN ABLE SILVER OR GOLD.

Jesus, fucking kids these days. You all think technology is a miracle. All it is is electrons that can be made to go poof any fucking minute now.
Crypto currency is just a fancy name for digital fractional reserve banking - without the reserve, or the bank.

If I blew up your phone right now, you would look like a cow at the slaughterhouse just at the moment the bolt gun goes off - " How could you do this to me ? What'll I do now ? "

Improvise. Adapt. Overcome. Triumph over adversity.

And, transform your idea into minting a fucking physical coin out of noble metals, with Tyler's permission - before he copyright lawyers your ass into bankruptcy.

Now, go back to harmless habits, like tying your kangaroo down, smearing yourselves with Marmite to run naked through termite mounds, etc, that you Aussie blokes normally do in your spare time.

Sat, 10/24/2015 - 17:28 | 6707196 15horses1donkey
15horses1donkey's picture

http://zhc0.com/taking-a-break/

Silvergeddon, I just want to thank you for your repetitive posts. On each occasion where I mention Zero Hedge Coin 0, and http://zhc0.com I received hits. However, on the occasions where you drew extra attention to the website, I received many more hits. These translated into additional comments and votes. Thanks again Silvergeddon.

Sat, 10/24/2015 - 21:48 | 6707859 SILVERGEDDON
SILVERGEDDON's picture

Blow me, Aussie crypto pimp. You deserve some hits all right. Along the side of your head from your parents.

Anyone you suck into your Shit Coin wannabe deserves their fake financial ponzi demise at your hand.

As for associating it with Zero Hedge, Australia ain't far enough away for you to hide from copyright infringement.

Not to mention, cryptocurrency is the Anti Christ of monetary reality to most adherents of the site.

Put it all together, and you come across as a self serving Australian version of the Nigerian prince that wants my help to get 300 million dollars out of his shit hole of a country. Once I give him my ID, and bank wire transfer information.

Sun, 10/25/2015 - 06:50 | 6708408 15horses1donkey
15horses1donkey's picture

I think you are taking it all too seriously. I am a fan, that's all. I am creating a fan currency for fun. Call it my form of zen art, if you will. While it is possible to create a new digital currency (more correctly known as a token), it is impossible to force people to use it. What are people going to use ZHC0 for anyway? It is a mark of respect to Tyler that I name it Zero Hedge Coin 0. I expect it to crash and burn, hence the 0. Next one will be 1, if I stay interested. Let's go through a few other things.

1) I polled to see if I should create it. Votes were in favour.

2) I have emailed Tyler to make sure he is aware. He tells me to can it, and I will try.

3) I am self-funding it, not asking you to personally fund me - though I do ask for donations and help.

4) There is no better way to learn about things than to get involved and do it.

5) Once created, and given away, it is out of my hands. It is distributed, after all.

6) This is a low-tech altcoin. The succesful ones are nearly all high-tech with substantial investments and large teams.

7) I don't know how to pump and dump, I haven't even read the wikipedia article on it.

8) It is possible others will use this coin as a pump and dump vehicle, so I'll learn, write an article and warn people.

9) You can bet your guns and ammo I'll be posting a link to the article here so people understand those scams and risks.

10) If someone else comes along and wants to take over and do it better than I can, i'll delegate and hand over as is best. I dream of creating something that is functional enough that Tyler wants to own it, but it will almost certainly remain a dream.

Fri, 10/23/2015 - 12:20 | 6703005 KnuckleDragger-X
KnuckleDragger-X's picture

Just another battle in the currency wars. The problem is the outcome won't be what they intended.....

Fri, 10/23/2015 - 13:22 | 6703192 Stuck on Zero
Stuck on Zero's picture

The outcome will be exactly as they intended - more wealth in the pockets of the illuminati.

Fri, 10/23/2015 - 12:02 | 6702928 slaughterer
slaughterer's picture

Draghi, another financial Napoleon.

Fri, 10/23/2015 - 12:52 | 6703095 Byte Me
Byte Me's picture

More of a financial Cnut.

Fri, 10/23/2015 - 12:03 | 6702935 Temporalist
Temporalist's picture

If I'm going to be impotent I want to look impotent.

Fri, 10/23/2015 - 12:04 | 6702936 JenkinsLane
JenkinsLane's picture

All hail the Wizards of Oz!

We are not worthy.

Fri, 10/23/2015 - 12:08 | 6702956 mijev
mijev's picture

I guess that gives an empirical answer to the age old question: what are your words worth? What value do you place on them? What value do others place on them?

Fri, 10/23/2015 - 12:10 | 6702964 Raybo
Raybo's picture

Did the age of central bank omnipotence just come to an end?

 

The age of Central Banker omnipotence is going exponential

 


Fri, 10/23/2015 - 12:37 | 6703055 The man with po...
The man with pointy horns's picture

Lest we forget Tyler Durden has more than one personality.

Fri, 10/23/2015 - 12:11 | 6702972 world_debt_slave
world_debt_slave's picture

like the butterfly flapping its wings, flapping lips

Fri, 10/23/2015 - 12:13 | 6702979 madbraz
madbraz's picture

here's to hoping this article is being ironic as it is clear to anyone with more than 2 braincells that this is all orchestrated prior to Dragui speaking.

Fri, 10/23/2015 - 12:14 | 6702980 taopraxis
taopraxis's picture

How does one trade with the trend when the trend is always changing?

Can a lurking Wall Street "expert", you know the kind who never loses money even for one day, explain that to me? Wave theory and technical analysis do not work because there is a statistical component called random error that you will soon find out is uncontrollable. Trend following is just a facile variation of buy low, sell high. Sounds good, easy money...not! You too can be a millionaire! Sure, and you can be a movie star and an olympic champion and a beauty queen and president one day.

 

Fri, 10/23/2015 - 12:17 | 6702993 RaceToTheBottom
RaceToTheBottom's picture

"you can be a movie star and an olympic champion and a beauty queen"

Brucifine Jenner

 

Fri, 10/23/2015 - 12:21 | 6703014 taopraxis
taopraxis's picture

Say hello to the next president...

Fri, 10/23/2015 - 12:15 | 6702985 RaceToTheBottom
RaceToTheBottom's picture

It has been a while since my econ 101 texts but which formula does Jawboning fit into?

 

Fri, 10/23/2015 - 12:21 | 6703011 MadVladtheconquerer
MadVladtheconquerer's picture

No, no, no, no, no.  Its from the Bible!

Jawbone of an ass!

Fri, 10/23/2015 - 12:16 | 6702990 15horses1donkey
15horses1donkey's picture

Do they still have real markets in china? Must be all of those guys with the vegetable carts.. we need more of them in Australia. Here they leave it all to their Superannuation fund. Super funds don't allow gold or silver holdings...

Fri, 10/23/2015 - 12:20 | 6702998 MadVladtheconquerer
MadVladtheconquerer's picture

You got a cute way of talkin';

You got the better of me:

Just snap your fingers and I'm walkin';

Like a dog hangin' on your lead;

https://www.youtube.com/watch?v=iE-Okqna4sQ

You make me feel like dancin';

 

 

 

Fri, 10/23/2015 - 12:26 | 6703037 Not if_ But When
Not if_ But When's picture

Wait a minute, I thought my hero Ben Bernanke coined the phrase "whatever it takes".  Isn't this plagiarsim of helicopterman's coolest item?

Fri, 10/23/2015 - 12:45 | 6703070 MFL8240
MFL8240's picture

Ponzi 101

Fri, 10/23/2015 - 13:31 | 6703216 Minburi
Minburi's picture

Euro making a move toward winning the currency war race to hyper inflation.

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