Epic Failure In Fed's Price Stability Mandate As Treasury Curve Shift Is Most Abnormal In 30 Years

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Wed, 09/21/2011 - 15:39 | 1694052 jbc77
jbc77's picture

Bernake is a fucking dirt bag in bed with the loser ass Obama admin. Fuck him, hope he gets hit by a car.

Wed, 09/21/2011 - 15:42 | 1694074 monopoly
monopoly's picture

But let's not stoop to their level. Think we are all better than that.

Wed, 09/21/2011 - 16:02 | 1694192 max2205
max2205's picture

IWM closing at 66.66 WTF

Wed, 09/21/2011 - 16:03 | 1694196 buzzsaw99
buzzsaw99's picture

You might be better than that but I'm not.

Wed, 09/21/2011 - 16:19 | 1694253 TruthInSunshine
TruthInSunshine's picture

The Bernank sayeth loudly:

Everyone - Get out of equities and into tnotes, or else yield will be the least of your worries, bitchez!

Wed, 09/21/2011 - 16:45 | 1694391 tbd108
tbd108's picture

Well then how about a very small car that only bumps him hard in the crotch?

Wed, 09/21/2011 - 15:43 | 1694079 Spitzer
Spitzer's picture

Only silver whisle blowers get hit by cars.

Wed, 09/21/2011 - 15:48 | 1694115 Gubbmint Cheese
Gubbmint Cheese's picture

Spitzer you magnificent bastard.. you owe me a new keyboard.. :)

 

Wed, 09/21/2011 - 15:52 | 1694134 tmosley
tmosley's picture

He's just doing his part to stimulate the economy.

Wed, 09/21/2011 - 15:57 | 1694157 DoChenRollingBearing
DoChenRollingBearing's picture

^--- Great comments in this subthread!

Wed, 09/21/2011 - 15:59 | 1694170 Cognitive Dissonance
Cognitive Dissonance's picture

 

 

Epic Failure In Fed's Price Stability Mandate As Treasury Curve Shift Is Most Abnormal In 30 Years

"Most" abnormal in 30 years is the new normal.

Wed, 09/21/2011 - 16:02 | 1694191 Cleanclog
Cleanclog's picture

Will this be another way to funnel to Primary Dealers - the big banks - again?  If almost everything with a maturity longer than 5 years is due to be neutralized by Fed buying after the fact . . . will dealers gobble up the auctions with a wink and a nod that they'll be taken out of those same positions in ensuing days?  Let's watch.  Certainly could be.  What does Mr. Pimco say?

Wed, 09/21/2011 - 16:13 | 1694239 Smiddywesson
Smiddywesson's picture

Cut them some slack,

they're doing there best to stabilize prices, (PM prices)

Wed, 09/21/2011 - 17:07 | 1694476 Manthong
Manthong's picture

Why should short term money have all the fun?

A dying currency need a little verve on the way out.

http://www.youtube.com/watch?v=eq-yoorI7lo

Wed, 09/21/2011 - 16:19 | 1694268 GeneMarchbanks
GeneMarchbanks's picture

Economy lobotomy

Wed, 09/21/2011 - 15:59 | 1694174 JohnG
JohnG's picture

Did a little "percussive maintenace" myself....on the FED nothingburger, commods selling off, equities hammered.

Fuck you Bernank you're a fucking maniac.

Thu, 09/22/2011 - 05:33 | 1696045 BorisTheBlade
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you owe me a new keyboard

New financial instrument, keyboard-backed IOU. New unit issued every time someone spills coffee on his keyboard.

Wed, 09/21/2011 - 15:57 | 1694158 OOONONO
OOONONO's picture

"silver whisle" - is that a euphanism for something, Client #9?  was that your favorite? 

Wed, 09/21/2011 - 16:00 | 1694180 JohnG
JohnG's picture

Adrian Douglas.

Wed, 09/21/2011 - 16:02 | 1694186 GeneMarchbanks
GeneMarchbanks's picture

Speaking of Ag, JP Morgue hitting new lows = silver spike imminent?

Wed, 09/21/2011 - 16:10 | 1694218 fuu
fuu's picture

That was beautiful. Ended on a new 52 week low. Silver:JPM now 1.3066.

Wed, 09/21/2011 - 16:15 | 1694250 GeneMarchbanks
GeneMarchbanks's picture

fuu,

Just the dude I was looking for. This ratio of yours, you're a big beliver eh? So tell me any chance they unwind the silver short soon?

Wed, 09/21/2011 - 16:27 | 1694292 fuu
fuu's picture

The ratio is too simplistic to be all that meaningful. I just enjoy watching it change.

I am not convinced they are short.

Wed, 09/21/2011 - 16:31 | 1694324 xtop23
xtop23's picture

I think they unwound a ton of their silver shorts in May 

Wed, 09/21/2011 - 16:36 | 1694341 fuu
fuu's picture

I tend to agree.

Wed, 09/21/2011 - 16:36 | 1694343 GeneMarchbanks
GeneMarchbanks's picture

Small potatoes. That was an overture.

Wed, 09/21/2011 - 16:12 | 1694236 orangedrinkandchips
orangedrinkandchips's picture

I'll smoke an ounce to that!!!!!

 

Wed, 09/21/2011 - 16:13 | 1694241 orangedrinkandchips
orangedrinkandchips's picture

someone will be texting they boyfriend and will hit the fucking mutt....fuck drunk driving...text driving is worse!

Wed, 09/21/2011 - 16:15 | 1694246 covert
covert's picture

join one or more barter clubs and hide your gold and other metals.

http://covert3.wordpress.com

 

Wed, 09/21/2011 - 15:41 | 1694067 depression
depression's picture

Winning !

Wed, 09/21/2011 - 15:55 | 1694069 TruthInSunshine
TruthInSunshine's picture

Ben Bubbles&Bananas Bernanke Broke All Markets.

Good job, Bennie Boy!

*News reports (unconfirmed at this time) that Paul Krugman, upon hearing the announcement, tried to commit suicide by jumping from a 1st floor window in the NYT Building.

Wed, 09/21/2011 - 16:04 | 1694201 buzzsaw99
buzzsaw99's picture

sed-a-give

Wed, 09/21/2011 - 16:29 | 1694313 Falcon15
Falcon15's picture

Abby. Abby Nooormal.

Wed, 09/21/2011 - 15:43 | 1694075 GenX Investor
GenX Investor's picture

Duh

Wed, 09/21/2011 - 15:43 | 1694078 King_of_simpletons
King_of_simpletons's picture

Century of "American Nightmare".

Wed, 09/21/2011 - 15:43 | 1694081 SheepDog-One
SheepDog-One's picture

FED just won the all-star *fail* trophy.

Wed, 09/21/2011 - 15:43 | 1694082 bania
bania's picture

three standard deviations... is that all you got Bernank?

Wed, 09/21/2011 - 15:45 | 1694096 Western
Western's picture

I know right? I thought the mandate-du-jour was to go big or go home, 7 sigma at least.

Wed, 09/21/2011 - 15:44 | 1694086 zorba THE GREEK
zorba THE GREEK's picture

Unintended consequences. I have a feeling we will be hearing that term more and more as desperate measures

become the game plan in the final days before " THE GREAT COLLAPSE "

Wed, 09/21/2011 - 15:43 | 1694087 Sequitur
Sequitur's picture

Prints - market starting to go down big.

Frankly, this is good. Deflation is here, everything will drop. Everything. Including gold, silver. Let the debt destruction commence, dollar rises.

Wed, 09/21/2011 - 15:48 | 1694110 Waffen
Waffen's picture

200 points aint big.

 

QE holding up the markets has been the meme for a long time here and in the metals community.  We have not had overt QE, so we need a real plunge in the markets or all of us have been wrong.

Wed, 09/21/2011 - 15:54 | 1694145 Spaceman Spiff
Spaceman Spiff's picture

Did they hint/cock tease more overt QE in the statement for some later date?  They really feathered the market's testes with that at Jackson Hole.

Wed, 09/21/2011 - 16:03 | 1694195 Sequitur
Sequitur's picture

Was going to be bigger than 200, we have to be close to 300 by now, the sell orders were coming fast and furious at the close.

Wed, 09/21/2011 - 16:15 | 1694249 Waffen
Waffen's picture

Still not terribly impressed.   Lets hope for a continued market sell off this week in epic fashion.

Wed, 09/21/2011 - 18:33 | 1694092 dan10400
dan10400's picture

.

Wed, 09/21/2011 - 15:45 | 1694099 economics1996
economics1996's picture

Deflation helps me.  

Wed, 09/21/2011 - 15:50 | 1694109 Stax Edwards
Stax Edwards's picture

UCF

Wed, 09/21/2011 - 16:18 | 1694261 scatterbrains
scatterbrains's picture

Hugh is that you ?

Wed, 09/21/2011 - 15:46 | 1694101 youngman
youngman's picture

You know I see this as a sideline...I think they are rushing back to work on the European problem right now...that is front and center...a trillion or two there first to save those funny speaking bankers over there...over there...la de da

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