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Guest Post: Beware The Ides Of March

Submitted by Tyler Durden on 02/17/2012 15:39 -0400

Submitted by Clive Hale from View From The Bridge

Beware The Ides Of March

In the past week we have seen the Banks of Japan and China join the queue for printing ink along with the Fed, the Bank of England, the ECB and the Swiss National Bank; many other minor central backs have either cut rates or are about to. Admittedly the Chinese have not actually cranked up the Hewlett Packards but PBOC Governor Zhou said that “China will continue to invest in EU countries’ government bonds, and will continue, via possible channels, including the IMF, the EFSF and the ESM, to be involved in resolving the euro-zone crisis”. He added that he hopes Europe can offer “more attractive investment products”. I wonder what he has in mind. With the support he can muster Greek 2 year bonds on a 200% yield should do the trick surely…

It is abundantly clear that this concert party of central banks (not the collective noun I would normally use…) will do everything it can to keep the global financial system afloat when the inevitable happens in Greece. The ECB are about to go with LTRO 2 which should provide another €½ trillion to Europe’s beleaguered banks. Even the “mighty” HSBC is rumoured to be in the queue; not because they need it, but because it’s a ridiculously cheap form of finance that they can make a turn on and/or support their activities in the gold market…

LTRO is the acronym for Long Term Refinancing Operation. The cash they are providing is for a three year term. Since when did three years become “long term”? This must be the finest example of can kicking yet. Put the banking industry on life support whilst we try and contain the Greek fall out and leave off worrying about the consequences for a year or three!

Although we are being fed a stream of positive economic news, mainly from the US (where it is election year don’t forget…) there is a notable air of caution around and the main factor in the rise of equities so far this year has been the blizzard of cheap cash. What is intriguing is that in large corporate world, earnings are on the up (the new lean and mean machine) which is adding to their own cash piles, but they can’t find anything to spend it on. With the S&P having doubled since 2009 and being not that far short of its all time high that should hardly come as a surprise.

Apple, everyone’s favourite (is there a hedge fund out there that isn’t long?), succumbed to a bout of Newtonian gravity on Wednesday; again not unexpected given the euphoria post the iPhone 4S launch. We may yet see higher prices in equities as the printing presses continue to roll, but as the final act of the Greek farce plays out, it would be wise not to ignore the words of the Bard of Avon to “Beware the Ides of March”.

- advertisements -

Fri, 02/17/2012 - 15:47 | 2170962 SheepDog-One

March maybe, who knows, but at some point this is printing gorge-fest going to be explosively regurgitated all back up big time. And it will just be 1 more wafer-thin helping of bonds that does it.

Mr. Creosote Blows Up - YouTube

Fri, 02/17/2012 - 16:51 | 2171259 Chief KnocAHoma

This explains a lot - my mother was born on March 20

Fri, 02/17/2012 - 15:42 | 2170965 fonzannoon

Put on your 13k hats.

Fri, 02/17/2012 - 15:43 | 2170969 trebuchet

HSBC lending to UK small business on 3 yr collaterally backed loans at base + 7%

Everyone and his mother in eurobanks are lined up for LTROII

Fri, 02/17/2012 - 15:44 | 2170970 The trend is yo...

March of which year? is my question.

Frustrated Short

Fri, 02/17/2012 - 15:52 | 2171002 walküre

By March everyone wants to be out of the markets. They're not waiting until May to sell because everyone knows "sell in May, go away".

Fri, 02/17/2012 - 15:59 | 2171043 Dr. Richard Head

I proposed to my wife on the ideas of March. Looks like a ten year shitstorm will last and then things will settle down nicely if my marriage is any indication. By nicely I mean a chain-smoking, alcohol addiction problem.

Fri, 02/17/2012 - 15:44 | 2170972 The Heart

Presidents Day Alert!!

Dear Friends and good neighbors,

Today we want to shine some light on the open window for another babalonian isreal sponsored False Flag Event to take place soon for the justification to go to war with Iran as EVERYBODY KNOWS.

Watch out at large gatherings and be extra vigilant for anything that looks out of place. We are praying for all the Veterans that will gather at the white house this coming Monday.

The babylonians want to keep an eye on everything and everyone so they find the mistakes in the attack plans before any of the real people of the info-networking that is in place world wide. Give thanks for the truth that flows through all of you that are doing what they can to save the country and world from these evil war mongers.

As we approach these next months, shine and be very vigilant all over the country.

Only YOU can prevent govt sponsored false flag terrorism!

The Signs:

Open window for the period of 20-23 of February.

Past history of Monday morning attacks to milk the headlines all week on the media propaganda channels.

Presidents day.

New Moon.

Missing nukes.

Enterprise.

More open windows:

These comments were posted here and they are frighteningly right on target. The more LIGHT we shine on these evil war for profiteers and eugenicists, the better.

GET BRIGHT PEOPLE!!!

02/15/2012 - 23:13

"The Feast of Moloch (Apr. 19-20) comes with a new moon this year. Illuminati occultists believe their false flags bring them extra power if they sacrifice children by fire during the Feast of Moloch. For example, see Waco and Oklahoma City. I bet we will start bombing Iranian children shortly after Israel wastes the USS Enterprise with a nuclear torpedo.”

02/15/2012

“Too bad it's not fundamentally about nukes. It's about the petrodollar. As with Iraq and Libya. And that fragment of the Chosen currently occupying Palestine demands absolute security, which means pre-emptive war against Iran. Add the two, Dennis Ross notwithstanding, and you get an Isramerican attack on Iran several months BEFORE the election. c. August, probably false-flagged by a Zionist attack on an American warship.”

And one last thing. Has anyone seen the latest Simpson’s episode? Another quinkie-dink?? Notice when in the beginning, they show some oil rig getting blown up by shooting a deaths head at it, and the possible date of 4-5 on the pumps, the prices of gas going way up, and then the scatter plot, or fallout map? And an attitude of “booya“ don‘t know don’t care. Sound familiar? Probably just another coincidence. Watch at min 2:30.:

http://www.wtso.net/movie/518-2313_The_Daughter_Also_Rises.html

WAKE UP AND SIT UP AND GET READY.

EVERYONE KNOWS ABOUT THIS KIND OF EVIL.

Also, in relation to last weeks Epistle around the usage of mind control on the digital drug TV, if dogs can be entrained to follow the pied piper of the Propaganda digital TV, so can YOU! Are you smarter than a dog??

Our four-legged friends with square eyes: How dogs are becoming addicted to digital TV

http://www.dailymail.co.uk/news/article-2027269/Dogs-addicted-digital-TV...

WAKE UP WAKE UP WAKE UP WAKE UP AND BE ALERT!!!

***

Fri, 02/17/2012 - 16:02 | 2171057 The Heart

The typical open windows are February 20-23 and March 20-23. Both New moon time frames.

Also, been watching closely the oil prices go up all week and now Cushing spot is at 103.13!~

Talk about signals!!!

http://www.bloomberg.com/energy/

Fri, 02/17/2012 - 16:46 | 2171247 BLOTTO

March 21-22 - Ostara

Easter is the first Sunday after the first new moon after Ostara.

March 21 is one of the Illuminati's Human Sacrifice Nights

Fri, 02/17/2012 - 16:14 | 2171117 dontgoforit

WTF? Is got no why humor? Nine nails and inches to spare...? Wut?

Fri, 02/17/2012 - 16:19 | 2171148 Schmuck Raker

I hate holidays...sigh

Fri, 02/17/2012 - 15:44 | 2170973 DoChenRollingBearing

Train wreck ahead! Get ready! Read the new article "TEOTWAWKI - Mental and Physical Strength Edition" at my blog. Gmail me at my name for the link or just Google it...

Fri, 02/17/2012 - 16:05 | 2171070 living on the edge

That's a fine article DCRB.

Fri, 02/17/2012 - 16:24 | 2171161 dontgoforit

DCRB Descriptive Cataloging of Rare Books DCRB District of Columbia Retirement Board DCRB Delaware Compensation Rating Bureau, Inc. DCRB Digital Cartographic Reference Base (Ministry of Transportation; Ontario, Canada) DCRB Design Change Review Board DCRB Defined Contribution Retirement Benefit DCRB Deborah Coltham Rare Books (UK) DCRB District Crime Records Bureau (India)

and my favorite DCRB, Don't Chew Rubber Bands

Fri, 02/17/2012 - 16:25 | 2171173 DoChenRollingBearing

Keep thinking and digging! Or maybe s2man will show up and make it too easy...

Fri, 02/17/2012 - 16:22 | 2171163 DoChenRollingBearing

Thanks, I appreciate that! Have a + 1 on me!

I wonder if Zero Hedge keeps track of + 1s and - 1s...

Fri, 02/17/2012 - 16:25 | 2171175 dontgoforit

Thanks, dude. It's Friday - TGIF!

Fri, 02/17/2012 - 15:45 | 2170974 danielvisionvic...

NEW GOLD VIDEO from Future Money Trends

http://www.youtube.com/watch?v=umSZOKNHY-M&feature=g-all-u&context=G2933...

Fri, 02/17/2012 - 15:47 | 2170978 Snakeeyes

Seriously. Look at inflation. Media trumpets a decline in inflation, economy growing, Bernanke to be hailed as Caesar.

But YOY core inflation is growing at its fastest rate in 20 years!!!!!!!!!!!!!

http://confoundedinterest.wordpress.com/2012/02/17/inflation-low-but-fas...

Fri, 02/17/2012 - 15:48 | 2170986 SheepDog-One

'Inflation low'? Not to anyone actually buying things.

Fri, 02/17/2012 - 15:56 | 2171017 ChacoFunFact

the only way not to be affected by inflation is to be an anorexic pedestrian (no food, no oil).

Fri, 02/17/2012 - 15:49 | 2170985 cossack55

To quote the Bard of Avon, Indiana

Beware the Idiots in March.

Fri, 02/17/2012 - 15:49 | 2170988 walküre

Let 'em print and add digital zeros as much as they like. It's obvious they're only adding support to their own portfolios.

If people can't afford food, there will be mayhem. If people in Europe and the US cannot participate there will be revolutions and civil wars.

Governments cannot afford to hire or give out stimulus projects.

This time IS different.

Fri, 02/17/2012 - 15:49 | 2170989 williambanzai7

I think you mean the Ides of Farce...

Fri, 02/17/2012 - 15:53 | 2171009 trebuchet

"the Ides of Farce" :DDD .... deserves a picture :)

Fri, 02/17/2012 - 15:50 | 2170991 Stax Edwards

OT:

The US .gov (DHS) is now monitoring the web for signs of dissent. Gestapo/Secret Police coming soon to a neighborhood near you.

http://www.cnn.com/video/?hpt=hp_t3#/video/tech/2012/02/16/nr-dhs-social-media.cnn

Fri, 02/17/2012 - 15:52 | 2171005 SheepDog-One

'Dissent' at what, a takeover by tyrannical fascism?

Fri, 02/17/2012 - 16:16 | 2171129 Silver Dreamer

Eff em'!

Fri, 02/17/2012 - 16:48 | 2171253 ChacoFunFact

the guy in the video would lead one to believe the DHS is crowdsourcing their job! Jeez, even the CIA does its own homework when economically evaluating countries; the cia can't rely on secondary sources but here's our DHS crowdsourcing, at least that's what the guy's is saying

Fri, 02/17/2012 - 15:53 | 2170994 GeneMarchbanks

'He added that he hopes Europe can offer “more attractive investment products”. I wonder what he has in mind.'

Me too. Tons of curiosity.

Fri, 02/17/2012 - 16:07 | 2171074 Stormdancer

I'd assume he means an investment that pays a real return and has at least some hope of being paid back on maturity without "subordination" to other market participants (think ECB) in the event of trouble.

Haven't seen anything like that in Europe for a while now :) (or the US for that matter...)

Fri, 02/17/2012 - 16:16 | 2171132 youngman

That would we will loan you the money...but you give us your gold for collateral......lol..

Fri, 02/17/2012 - 16:17 | 2171138 dontgoforit

He means, "They're not going to be able to retire at 42 instead of 62!

Fri, 02/17/2012 - 15:52 | 2170999 AgShaman

HSBC: "We really don't need the cash....but hey, you never know...March is after all a delivery month...and if it happens that we actually need to deliver some "precious metal" on contracts....well, you know"

Fri, 02/17/2012 - 16:28 | 2171186 trebuchet

HSBC funded from booming offshore yuan holdings, china export trade decline = massive syphon into that pot.

check the numbers.

its the next source of funds for the post eu crisis boom->bubble; question is where is that itchy money going to end up?

Fri, 02/17/2012 - 15:52 | 2171004 falak pema

TD has said : the Ides of March is depassé! it is Debka-esque. SO here it all ye people. Like the CDS boomerang, it is not an issue. We have been warned and the issues are elsewhere : 1) Insurance impairment 2) Shadow banking shenanigans.

Lets watch the movie now.

Fri, 02/17/2012 - 15:55 | 2171016 GeneMarchbanks

I feel like I've seen this one already. There's a surprise twist somewhere around March, it totally throws you off-balance...

Fri, 02/17/2012 - 16:18 | 2171146 dontgoforit

Yeah, me too. It's when the Piper can't play anymore 'cause he's run outta spit.

Fri, 02/17/2012 - 15:53 | 2171008 mc_LDN

March 20, 2012

1 - Greek Bond Payment Due... "DE" fault

2 - Non-USD Iranian Bourse commences trading

3 - Boom?

Fri, 02/17/2012 - 16:01 | 2171054 LookingWithAmazement

GEAB N°62 is available! Global Systemic Crisis - Euroland 2012-2016: Perpetuation of a new global power on condition of democratization: "According to our team, 2012 will mark the starting point for the perpetuation of a new global power, Euroland."

http://www.leap2020.eu/GEAB-N-62-is-available-Global-Systemic-Crisis-Euroland-2012-2016-Perpetuation-of-a-new-global-power-on-condition-of_a9183.html

So then. No crisis, collapse, Armageddon, euro break-up or hyperinflation, but the rise of a new world power. Who in this world would have thought that? Well, I know one.

Fri, 02/17/2012 - 16:12 | 2171110 living on the edge

GEAB is not realistic with their conclusion. First of all "Euroland" is already a world power. I don't see anything positive coming from the financial blowup coming their way.

Fri, 02/17/2012 - 16:18 | 2171140 LookingWithAmazement

That financial blowup is not coming. LTRO's save both the banks(ters) and the euro. Rates have lowered, markets calmed. What's the problem?

Fri, 02/17/2012 - 16:20 | 2171153 Silver Dreamer

From your perspective perhaps it is all negative, but the EU's totalitarian government's perspective is very positive. This isn't about greed, and the age old order out of chaos applies.

Fri, 02/17/2012 - 17:17 | 2171388 living on the edge

I see Euroland reaching the climax in this financial collapse first, followed closely by the US. The difference may well be a catastrophe of a shorter, milder duration for Europe.

Fri, 02/17/2012 - 17:48 | 2171496 Use of Weapons

That's real cute.

HN51 protocol is now a go.

Here's a question I was asked on entering the twilight zone: "Now, if one cricket game could destabilise the entire region, and lead to 20 million deaths, what would you do?"

My answer: "Not get caught bribing the Pakistani team, you idiots".

Sooooo.... much more.

http://www.youtube.com/watch?v=BKXKWBcaV3A

Lord... perchance, one should have heeded the fucking warning signs and advice of the brethren of the "you stupid self-satisfied cocks, you have no understanding about how the world works, and still hung up on medals".

Fuck you. Silly twats, watch the world burn and blame yourself because you missed the signs.

Hint: you know those "silly kids" in Anonymous... well, they just got into retro-cool-nuclear-weapons-protocols.

'Cause, you know... anyone hacking stuff is just a silly kid!

>Fuck you.

Sat, 02/18/2012 - 06:44 | 2172592 zhandax

You lost me with the rap shit......

Fri, 02/17/2012 - 19:48 | 2171837 falak pema

This GEAB blueprint of Euro land assumes the following :

Cameron and Euro skeptic play using City/HF speculative Eurobashing will be neutralised in 2012.

Sarkozy, France's worst President will not be reelected in 2012.

That Euro fiscal/budget discipline convergence will continue; Greece will be stabilised and Irish Fiscal Eurodumping neutralised.

That Structural debt will be balanced by end 2016...

What a program, a big number of ifs, and the energy conundrum hanging over Euro zone as well, making growth very slow, and debt balancing major problem.

NOT A BORING WORLD! AND CERTAINLY A CRISIS WORLD LIKE SAILING THROUGH CHARYBDIS AND SCYLLA!

Good luck Geab utopia!

Fri, 02/17/2012 - 16:28 | 2171181 Dr. Engali

"He added that he hopes Europe can offer “more attractive investment products”. I wonder what he has in mind."

Gold maybe?

Fri, 02/17/2012 - 17:00 | 2171309 Fortunes Favor

Trouble Brewing Behind Facade Of Bull Rally

http://seekingalpha.com/article/374091-trouble-brewing-behind-facade-of-bull-rally

Fri, 02/17/2012 - 18:19 | 2171613 optimator

On such a pee are we now a boat and we must take the ride when it ventures or lose......You too Brutus?

Fri, 02/17/2012 - 18:20 | 2171622 Stuck on Zero

Don't trust the mercantilists. All they want is the gold.

Fri, 02/17/2012 - 18:34 | 2171672 Use of Weapons

God... you're an idiot.

Power is the key. Gold is merely a weapon.

Fucking kids.

Fri, 02/17/2012 - 19:08 | 2171757 eddiebe

Sure let's all go long tech stocks and short food. Just keep cranking out gadgets, who needs to eat anyway. Beware the ides, sure why not, why wait til December.

Wed, 02/22/2012 - 05:00 | 2184056 sikefeier0728