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Everything Not Nailed Down Being Bought

Tyler Durden's picture




 

When in doubt - buy. When in doubt what - everything. As the chart below shows starting with the open of the US market, literally everything has been bought: stocks, bonds, crude, gold, and 'logically', the VIX. It took the market virtually no time to remember that when trillions in liquidity are being injected into the market courtesy of central planners, a downtick is verboten. Next up: waiting for WTI $110. Should take a few minutes at most.

 

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Mon, 02/27/2012 - 12:38 | 2200679 GeneMarchbanks
GeneMarchbanks's picture

I said it here:

Mon, 02/27/2012 - 12:40 | 2200688 slaughterer
slaughterer's picture

It's a Don't-think-about-it-just-buy type of market.    It puts all smart, sophisticated, ZH-informed investors to shame. 

Mon, 02/27/2012 - 12:42 | 2200705 GeneMarchbanks
GeneMarchbanks's picture

Oh yeah? Looky:

http://www.zerohedge.com/news/warren-buffett-favors-wells-single-best-ba...

As I said, green all around. Even WTI will be green.

Ongoing party until either the Greek deal proves false or WTI finally crashes the economy.

 

Mon, 02/27/2012 - 13:00 | 2200787 DoChenRollingBearing
DoChenRollingBearing's picture

Buy, buy, buy!

Mon, 02/27/2012 - 13:13 | 2200835 trav7777
trav7777's picture

buy it ALLLLLLLLLLL

Mon, 02/27/2012 - 14:24 | 2201036 JW n FL
JW n FL's picture

 

 

WHY? Wallow in mud now that VIX futures are out?

http://www.youtube.com/watch?v=NjvbA-Xebfg

 

 

Enjoy, JW Approved.. except the part where there is any money in the Market! LULZ!!

Mon, 02/27/2012 - 13:00 | 2200792 Buckaroo Banzai
Buckaroo Banzai's picture

"We can't repel liquidity of this magnitude!" --Admiral Akbar

Mon, 02/27/2012 - 13:10 | 2200828 jose.six.pack
jose.six.pack's picture

It's a trap!

Mon, 02/27/2012 - 13:27 | 2200887 JPM Hater001
JPM Hater001's picture

Um, where is the inverse relation?  Treasuries and stocks going up...

Something smells like rotten tomato.

Mon, 02/27/2012 - 14:08 | 2201000 Joseph Jones
Joseph Jones's picture

You mean "t-o-m-a-t-o-e?"

Dan Quayle

Mon, 02/27/2012 - 17:03 | 2201607 morkov
morkov's picture

money loosing value?!?   ...dush

Mon, 02/27/2012 - 13:10 | 2200829 Alex Kintner
Alex Kintner's picture

Pull out, pull out!! It's a trap!

Mon, 02/27/2012 - 14:58 | 2201145 mtomato2
mtomato2's picture

...That's what she said...

Mon, 02/27/2012 - 12:38 | 2200682 A Lunatic
A Lunatic's picture

Loaf of bread $17 here we come!

Mon, 02/27/2012 - 12:41 | 2200697 fuu
fuu's picture

1 lb ham

1 lb butter

2 loaves bread

1 gal milk

1 gal oj

1 jug creamy peanut butter

1 tube toothpaste

1 bottle mouth wash

$54

Mon, 02/27/2012 - 12:47 | 2200730 Cursive
Cursive's picture

@fuu

...being able to charge it on Master Card? Priceless.

Mon, 02/27/2012 - 12:49 | 2200738 fuu
fuu's picture

Damn, makes me wish I had a Master Card!

Mon, 02/27/2012 - 14:16 | 2201018 HungrySeagull
HungrySeagull's picture

You must be new.

Visa is the Varsity now.

Mon, 02/27/2012 - 12:57 | 2200776 tradebot
tradebot's picture

Was the mouthwash because you were celebrating your first blow job?

Mon, 02/27/2012 - 13:19 | 2200858 fuu
fuu's picture

It was for your mom.

Mon, 02/27/2012 - 13:54 | 2200965 j0nx
j0nx's picture

Now THAT was priceless. Someone just got owned.

Mon, 02/27/2012 - 14:17 | 2201020 HungrySeagull
HungrySeagull's picture

Would not be something you want to say to a old man though... Knock some teeth out ay?

Mon, 02/27/2012 - 14:35 | 2201062 resurger
resurger's picture

OWNAGE!

Mon, 02/27/2012 - 14:54 | 2201114 zerotohero
zerotohero's picture

LMFAO - on mark.

Mon, 02/27/2012 - 15:47 | 2201370 alexb
alexb's picture

2 buck chuck at Trader Joe's (and you thought all those puppies and kittens were euthanized for nothing).

Mon, 02/27/2012 - 13:00 | 2200791 Alcoholic Nativ...
Alcoholic Native American's picture

Bread can be found for free easily.  Most super markets donate the aging inventory to local charities and churches.  If it is one thing america has it is food. 

Mon, 02/27/2012 - 16:37 | 2201528 DosZap
DosZap's picture

Alcoholic Nativ...

Cant go dumpster diving in my city...........................they have cameras, and security to stop it.

Most super markets donate the aging inventory to local charities and churches

Again not in my city...............perfectly good food, is trashed, and you had best not try taking any out of dumpsters.........hell they wont even donate it to local animal shelters.

SO AFRAID they will miss a sale(why I do not know since anyone in that shape,cant afford to buy it anyway.

Mon, 02/27/2012 - 12:40 | 2200684 lolmao500
lolmao500's picture

Not silver?

And the latest bullshit from uncle Warren : Banks are victims...

http://www.bloomberg.com/news/2012-02-27/buffett-says-banks-victimized-b...

Mon, 02/27/2012 - 12:41 | 2200696 Cult_of_Reason
Cult_of_Reason's picture

http://www.youtube.com/watch?v=oAK5xzEYq7I

From the transcript:

"Today, I have this quite frightening piece of paper, which is my justification for bringing it into this meeting. It is available on the internet and I am astonished that it has not already been unearthed by the Treasury because every alarm bell in the land should be ringing if it has. It is from the general audit office of the Federal Reserve in Washington-the real Federal Reserve-and its audit review to the end of July 2010 on the Federal Reserve Bank of New York. It has on it some 20 banks listed to which $16.115 trillion is outstanding in loans."
http://www.publications.parliament.uk/pa/ld201212/ldhansrd/text/120216-0002.htm#12021643000172

As it was presented by Lord James of Blackheath, it appears he has evidence of NY Fed creating $15 trillion out of thin air, transferring the funds to London subsidiaries of primary dealers (stating in wire transfer paperwork that the funds belong to an Asian royal family), then the primary dealers use these funds to manipulate markets (prop up stock market and to buy UST).

And the media is completely tight-lipped about it.

Mon, 02/27/2012 - 12:58 | 2200782 john39
john39's picture

that little rant by the Lord of Blackheath is just bizarre enough to make me wonder whether some of it might be true...  so far almost no coverage by bloggers...   goes without saying that the MSM won't touch it.  And if the info is bs, that raises another interesting set of questions...

Mon, 02/27/2012 - 13:12 | 2200832 Cult_of_Reason
Cult_of_Reason's picture

None of this would be surprising.

I've always wondered how the government could sell trillions in treasuries year after year and about the mechanical at 45 degrees mark-ups of the stock market.

Mon, 02/27/2012 - 13:07 | 2200819 ebworthen
ebworthen's picture

shhhh...it's only money...between banks and governments they don't need to count it, only the little people do.

Mon, 02/27/2012 - 14:06 | 2200987 Abiotic Oil
Abiotic Oil's picture

Lots of Federal Reserve Bond boxes from the beginning of the 20th century showing up at this point.  Weird place to find this info but here it is.

http://divinecosmos.com/start-here/davids-blog/1023-financial-tyranny?st...

MORE ABOUT THE CHESTS
  Many of the larger chests, particularly in the 1934 series, held a total of 13 of these boxes. They did very much look like the classic "treasure chest."   Twelve of the bond boxes inside these chests were about two and a half inches wide, as we said -- and the thirteenth was only half that width and was actually a "Book of Redemption", not containing bonds but rather instructions on how to redeem them.   Each chest also contained a single, small cylindrical "Information Scroll" mounted in a clamp. All thirteen of the boxes fit neatly and snugly into the chest like a row of books.    The chest was then also covered with engraved sheet metal. The engravings said the bonds were issued by a Federal Reserve bank from a given American city. The serial numbers of the bonds were listed, as well as the total value of everything in the box.   Many of these 1934-series chests carried a written value of Three Trillion Dollars -- and a substantial number of them were produced. Each chest was padlocked shut for even further protection.

Mon, 02/27/2012 - 14:17 | 2201021 fuu
fuu's picture

Check out this yahoo answers post from 2006: http://answers.yahoo.com/question/index?qid=20060915234111AAdOzlL

"I've looked everywhere i could think to on the internet! There are 40+ MORE of these boxes!"

Mon, 02/27/2012 - 14:18 | 2201025 HungrySeagull
HungrySeagull's picture

Yo ho ho and a bottle rum on a dead man's chest...

Mon, 02/27/2012 - 17:18 | 2201674 morkov
morkov's picture

to prevent quick hyperinflation you have to launder the new money first. i'm amazed people still prefer to think in "free market" terms

Mon, 02/27/2012 - 12:43 | 2200700 q99x2
q99x2's picture

That's what happens when the Fed's system is jacked in. It's safe to own stocks now. The worst you can do is suffer some mild discounts due to inflation.

Mon, 02/27/2012 - 12:41 | 2200701 TradingJoe
TradingJoe's picture

Bundestag just said YES with over 400 voters against 90!!! Good Luck!

Mon, 02/27/2012 - 12:48 | 2200708 slaughterer
slaughterer's picture

SPX 1400 here we come: thanks Bundestag, thanks ECB, thanks Merkel, thanks Ben, we love ya. 

Mon, 02/27/2012 - 12:53 | 2200752 TradingJoe
TradingJoe's picture

Not so fast! The Germans are willing to increase their "contribution" but can't carry it all alone!!! No more G20 moola...and it's DONE! I think we'll see a decent "correction" before the BIG ONE is coming to a shelter near you :))!

Mon, 02/27/2012 - 15:04 | 2201180 Pairadimes
Pairadimes's picture

This is a classic 'dog catches bus' scenario for Germany. No way they can possibly make any of this work for any meaningful amount of time from here.

Mon, 02/27/2012 - 12:50 | 2200744 oogs66
oogs66's picture

80% of politicians in favor of it - 80% of citizens against.

Mon, 02/27/2012 - 12:54 | 2200755 TradingJoe
TradingJoe's picture

Got to love zee politicians, eh?!

Mon, 02/27/2012 - 12:44 | 2200714 morning_glory
morning_glory's picture

Woo Hoo!!! We're all going to be rich!!!

Mon, 02/27/2012 - 12:45 | 2200718 ZeroPower
ZeroPower's picture

What? VIX chart looks inverted.

Mon, 02/27/2012 - 12:56 | 2200777 Tyler Durden
Tyler Durden's picture

up on the day

Mon, 02/27/2012 - 13:53 | 2200966 mammoth mo
mammoth mo's picture

What is up  with the tvix?

Mon, 02/27/2012 - 14:29 | 2201049 JW n FL
JW n FL's picture

 

 

WHY? Wallow in mud now that VIX futures are out?

http://www.youtube.com/watch?v=NjvbA-Xebfg

 

 

Mon, 02/27/2012 - 14:30 | 2201050 JW n FL
JW n FL's picture

 

 

WHY? Wallow in mud now that VIX futures are out?

http://www.youtube.com/watch?v=NjvbA-Xebfg

 

 

Mon, 02/27/2012 - 12:45 | 2200727 JohnKozac
JohnKozac's picture

 

 

Everything not nailed down being bought...except houses:

 

"Why does anyone need to save when you can simply take on a mortgage and forego the years of saving?  Banks loved it because the mortgage volume churn was like having a money making machine.  Of course much of this philosophy and mentality is what led into the bubble peaking with no-doc, no-job, no-money down mortgages."

"Today we examine the down payment debate closely and analyze why it is important to have a bigger down payment especially with government backed loans."

 

http://www.doctorhousingbubble.com/down-payment-boogeyman-down-payment-o...

 

 

 

 

Mon, 02/27/2012 - 12:52 | 2200749 tmosley
tmosley's picture

It is my experience that most houses are nailed down.

Mon, 02/27/2012 - 12:56 | 2200771 Max Fischer
Max Fischer's picture

 

 

Well, that's shocking.  I thought all houses in your neighborhood were on wheels. 

Max Fischer, Civis Mundi

Mon, 02/27/2012 - 13:16 | 2200845 trav7777
trav7777's picture

PWNED

Mon, 02/27/2012 - 13:38 | 2200926 tmosley
tmosley's picture

Aww, can't win with actual arguments, so you have to fling baseless insults?

Nice to see people devolve to second graders when they go up against me.  It confirms the strength of my arguments.

Mon, 02/27/2012 - 15:01 | 2201166 mtomato2
mtomato2's picture

C'mon, Tmos...  That wasn't really an insult.  It was just clever.  Credit where credit is due.

Mon, 02/27/2012 - 15:55 | 2201387 JW n FL
JW n FL's picture

 

 

Travis and T have a long standing "I know You are But what am I" thing.. going on..

I have threatened to turn the car around and take them home and ground them..

but boys will be boys!

all you can do is Love them for who they are and hope that they settle it before someone ends up missing an eye!

 

it is not like they cant find others to beat up who deserve it here!?!?!?!?!?!?!?!!??!?!?!?!??!!?!?!?? so instead they bang on each other, once again becuase they could not find others here who deserve it WAYYYYYYYYYYYYY MORE!?!???!?!?!?!!??!?!?!?!?! one more time! they cant find anyone here who deserves it better than Brothers Bound by Fight Club?? FUCKING SERIOUSLY???

 

ENOUGH ALREADY!

Mon, 02/27/2012 - 16:06 | 2201430 tmosley
tmosley's picture

Pretty sure Trav and Max (aka RNR) are two seperate people.  Max is to articulate to be Trav, though Trav could be a very clever "peak oil goon" character by RNR.

But given how long he has been around, I somehow doubt it.

Mon, 02/27/2012 - 16:55 | 2201580 JW n FL
JW n FL's picture

 

 

Trav is a Peak Guy..

Trav is anti-waste or unsustainable lifestyle(ish)..

Trav likes to use the exact clinical word for everything.. and that gets in the way of him getting the idea across sometimes..

but he means well.

 

as for YOU! Mr. "T"!

you are not around enough.. and you are missed..

so when you do decide to show up..

how about ringing the bell of those more deserving?

its a free country and all.. but your voice could be used in better ways... IMHO!

 

God Love Ya! and God Bless Ya!

Mon, 02/27/2012 - 13:59 | 2200978 stormsailor
stormsailor's picture

that was a horrible comment, and completely groundless.  they are on cinderblocks, the wheels cost extra

 

 

 

 

 

 

 

hahahaahahahahahahahaahhahhah

Mon, 02/27/2012 - 19:47 | 2202109 indio007
indio007's picture

Silly me ,I thought we where talking about him living out of a shopping cart.

 

Mon, 02/27/2012 - 14:19 | 2201028 HungrySeagull
HungrySeagull's picture

oooo.. that smarts!!!

Watch out for the Canker family in the doublewide.

Mon, 02/27/2012 - 12:48 | 2200736 Village Smithy
Village Smithy's picture

This looks like exactly what would happen if tomorrow's Case-Schiller were leaked and it was bad news.

Mon, 02/27/2012 - 13:03 | 2200801 DoChenRollingBearing
DoChenRollingBearing's picture

That of course would be bullish.

Mon, 02/27/2012 - 12:54 | 2200756 drink or die
drink or die's picture

Get out your fucking checkbook!

Mon, 02/27/2012 - 12:55 | 2200764 oogs66
oogs66's picture

Nat gas can't rally

Mon, 02/27/2012 - 13:06 | 2200809 lizzy36
lizzy36's picture

Nat gas ONLY commodity that trades supply/demand because of storage issues.

It will trade sub $2 by end of summer.

Mon, 02/27/2012 - 13:08 | 2200820 The Shootist
The Shootist's picture

Good, 'cause house uses natty

Mon, 02/27/2012 - 12:58 | 2200783 Seize Mars
Seize Mars's picture

Take a look at Anacott Steel. If I'm right about this one, eights and quarters won't matter.

Take it, and bid it.

Mon, 02/27/2012 - 13:02 | 2200799 slewie the pi-rat
slewie the pi-rat's picture

causation, BiCheZ!

Mon, 02/27/2012 - 15:58 | 2201403 JW n FL
JW n FL's picture

 

 

Transitory Causations.. Snuggle Bunnies!!

Mon, 02/27/2012 - 13:03 | 2200800 Bansters-in-my-...
Bansters-in-my- feces's picture

I see gold is being "managed" nicely.

Ps.....Fuck You's PPT.

Mon, 02/27/2012 - 13:04 | 2200804 lizzy36
lizzy36's picture

Yes. Highest levels since 2008.

At this rate we can get out our WTI $150 hats. 

#btmfd

Mon, 02/27/2012 - 13:10 | 2200815 bdc63
bdc63's picture

I must be watching different markets today than the Tylers, 'cause from where I sit it's doing a whole lot of nothing.

DOW up 19 ... crude down $.65 ... gold unch ... silver up .19 ...

"Everything not nailed down is being bought" ... I really don't get that headline ...

Mon, 02/27/2012 - 13:15 | 2200843 SmoothCoolSmoke
SmoothCoolSmoke's picture

Dow was -100+ at 9:45 am.

Mon, 02/27/2012 - 13:42 | 2200938 bdc63
bdc63's picture

maybe its just me, but ever since the flash crash, hundred point intraday swings seem a little quaint.

and gold's move from down 4 to unch certainly doesn't seem to warrant the headline ... heck, we had a $30 gold day just last week.

Mon, 02/27/2012 - 13:35 | 2200914 JohnKozac
JohnKozac's picture

Lessons from Iceland:

 

"However, there are two key lessons that the rest of us, and those two countries in particular[Ireleand and Greece], can learn from Iceland. To avoid having banks drag them into bankruptcy, governments should focus on saving depositors only - not other bank creditors. That's the lesson for Ireland."

 

From Matthew Partridge's article at Money Week. (and, No! I did NOT make that name up.)

Mon, 02/27/2012 - 14:21 | 2201033 HungrySeagull
HungrySeagull's picture

*Clicks watch shut, places a foot on the board room table...

"Hudsucker??"

Mon, 02/27/2012 - 15:30 | 2201304 MarcusLCrassus
MarcusLCrassus's picture

So its like this then?:

 

1. US taxpayers pay taxes to government

2. Government gives this money to TBTF banks

3. TBTF banks use this money to buy up everything in sight thus boosting the stock and commodities markets and becoming rich off of these trades

4. Taxpayers get their balls crushed by inflation

Mon, 02/27/2012 - 17:25 | 2201496 JW n FL
JW n FL's picture

 

 

Gods Work isn’t easy..

but someone has to fly private and steal from the Sheepeople 24/7.

Think of the Poor Lobbyists and how they suffer.. $15k - $25k (a Plate) every morning breakfast(s). *$15k is more a Coffee Fund Raiser than Breakfast.

https://www.google.com/#hl=en&sclient=psy-ab&q=washington+dc+breakfast+fund+raisers&pbx=1&oq=washington+dc+breakfast+fund+raisers

About 3,330,000 results (0.28 seconds)

 

Early afternoon cocktail hour(s).. day in and day out.

https://www.google.com/#hl=en&gs_nf=1&tok=hCWFgHBWIay4FsPsskun6g&cp=26&gs_id=71&xhr=t&q=washington+dc+early+happy+hour

About 78,800,000 results (0.33 seconds)

 

It is a Horrible Job! and Thank God that Wall Street, "K" Street and the 3 Branches of Government are willing to put themselves thru these (and many more un-named) hardships..

Jack Abramoff: The lobbyist's playbook

http://www.youtube.com/watch?v=CHiicN0Kg10

Look at all these gifts! That our Government has to sort thru! You don’t want to take the first gift when a Better gift is just around the corner at a better Happy Hour!

Always thinking of the little people, always chasing the next over flowing tax trough!

 

 

So, you may have a few hundred extra million laying around.. and you may want to go into partnership with say… the coal industry?

So, just how much? Does it cost?? To Buy Washington DC???

I offer this as a reasonable place to start your quest for an accurate dollar amount!

http://www.time.com/time/covers/0,16641,20100712,00.html

It looks like $3.5 Billion in 2009.. or so says Time Magazine..

 

http://www.opensecrets.org/lobby/

Open Secrets looks the same(ish) numbers wise.. the only problem I have with these numbers.. are that I know over a Billion was spent on the Health Care push alone?

Total Lobbying Spending

1998

 

$1.44 Billion

1999

 

$1.44 Billion

2000

 

$1.56 Billion

2001

 

$1.65 Billion

2002

 

$1.82 Billion

2003

 

$2.04 Billion

2004

 

$2.18 Billion

2005

 

$2.42 Billion

2006

 

$2.62 Billion

2007

 

$2.85 Billion

2008

 

$3.30 Billion

2009

 

$3.50 Billion

2010

 

$3.51 Billion

2011

 

$3.30 Billion

 

http://www.opensecrets.org/lobby/issuesum.php?id=HCR&year=2009

it seems a little off to me, is all? but I am always wondering why the math doesn’t add up in my head, lately?

 

Back to the Meat and Potatoes! Of the thought that I was trying to communicate!

 

God Bless Wall Street, God Bless “K” Street and God Bless each and everyone one of those Lobby Whores living the Good Life in Washington DC!! All in the Name of Doing God’s Work!

 

Do NOT follow this link or you will be banned from the site!