- advertisements -
Might want to consider this little tid bit about US being approached on a coup in Pakistan...
and where does gold sit on this see saw?
It's the fulcrum
I picture hands on both sides pushing down only to snap the board and allow the fulcrum to float away.. up, up and away!
It's the reference.
i think gold is the reference point ;-)
so aginst all ods, the gold on the ecb balance sheet is the bullish euro factor. its more or less to market (40,22 anyone)
so it could soak up all to easy the bearish bias and then some more. only from balance sheet appreciation
at least i wouldnt be surprised if eur up big time. the euro bearish is no contrarian bet.
should the fed too decide to mark gold to market, all bets are off for all cross pairs.
It's the pivot of the see saw. Basically US Dollar and Equities/Euro can go up and down all day, while the pivot can rise up with no one (aside from central banks, Austrian economists, and the ZH crowd) noticing.
gold is archimedes's finger. thats what scares the fiat nymphomaniacs.
Fiat Nymphos sounds like a great band name.
Plenty of fools out there, however greater fools are getting scarcer by the minute.
Like cancer, the patient is killed inch by inch and the systemic issues are too far along for treatment.
Right now all people are doing is attempting to keep the patient alive even though there is nothing left to save. It is now just an effort in how far they can torture the body before it inevitably coughs it's last breath out and the body liquefies the same moment it dies.
Even then the TPTB will attempt to reanimate the slop that was once known as the EU.
This is nothing but run of the mill chart porn.
Here's a guy who can do real charts--
Interesting. Do his charts take into consideration exponential debt to get us where we are now? How does that affect the supercycle?
I know Soth asia quite well.The above mentioned person is a US intelligence asett.I find it difficult to find the report credible.
too much global stock (liabilities) problems. Everyone's looking for good, safe flows. USD is that conduit. How USD flow is a good broad macro indicator.
Ben will kill it before it hits the high 80s.
The elections depend on it.
That's right, but S&P will hit 1,040 range before he starts to devalue again. Oil and commodities need to cool off before any more printing begins. Don't underestimate impact of US debt debate and potential for govt layoffs as a result.
Perhaps the DXY isnt such a good measure.
My bet is crude <80 and brent < 95, before he goes to town.
It really feels more an more like they are losing control.
The weaker Europe gets, the stronger the $. The only way to keep Europe from blowing up is massive printing = weaker Euro, stronger $. So, Bernake prints like hell trying to weaken....but the public is getting more attuned to his printing press, and what it is doing to the inflation rate. This may not go down well at all with the electorate in 2012.
One thing I do believe is that 2012 will be a water-shed year - for better or for worse.
*ITALIAN 2012 DEBT SALES `NEAR IMPOSSIBLE TASK,' SCHRODERS SAYS
*SCHRODERS FORECASTS RECESSIONS IN WIDER EUROPE, INCLUDING U.K.
*SCHRODERS FORECASTS `SERIOUS RECESSION' FOR EURO REGION IN 2012
*SCHRODERS SAYS ITALIAN DEBT WILL BE DOWNDRAGED IN COMING MONTHS
What will the EU-dictatorship do next? Prohibit free speech? In the name of democracy and zee stabeeletee, of course.
Q-Bath tub..he is leaking
The euro crash will be the signal that the dollar is next. Then it's on like donkey kong, deer in the headlights, rule 48, ZH website crash, you name it. Bitchez.
ZH website crash.........I knew it was going to be bad, but not that bad. Now I am scared.
ZH crashed in August already. Don't you remember? All it takes is the DJIA going up and down 500 points a day for ZH servers to get overloaded and facefail.
404 ECONOMY NOT FOUND
Too funny!!!! +1
Good one, or for the Commodore crowd:
FILE NOT FOUND
This all makes me think of the upside down pyramid. Cold hard cash will have its 15 min before final reality reality with gold.
Bernanke has unlimited ammo to keep the dollar low. In fact, Europe is counting on this.
He will keep the dollar low to keep prices "stable" because he wants (needs) stocks to stay elevated to keep pensions returning.
The scenario is what ZH used to so poigniantly call, "A Race to the Bottom"; a term which was stolen by the Economist and other MSM. Too bad we haven't been using Race to the Bottom as much lately, it still fits.
But, but..the MHFT said it was all bullish going forward...
Yes, there may be an unlimited supply of Bernake Bucks for now, but there is a rising chorus of complaint regarding inflation, money-printing, debt, etc. If Bernake is not careful, he may not last until the elections...in fact, he may be dumped in a PR effort to shore up Obummer's popularity.
Thank you for your post... As per your model which seems correct recently.. Any USD weakness ramps stock... what would happen if ECB starts to print? You would get dollar strenght... but would markets tank? That defies logic... since there's more fiat chasing the same assets... thoughts?
TPTB definitely KNOW that it can. They will do whatever is in their power to print their way out of this mess at taxpayer expense. Taxpayers are more expendable than the TBTF banks.
No you miss the point the printing was to get us INTO the mess...not out of anything.
The printing is over. Next youll face world war, again.
Do you know the board game called Risk? I think it will become popular again.
Poll time, ZHers! Can you pick the alliance members on each side of the next world war? My best guess is that unlike WWI and WWII, die Vereinigten Staaten von Amerika and Deutschland will be on the same side in the next one.
Not sure who the purported combatants will be, but the real war will always be banksters vs humanity.
Excellent analysis pods...with the bankers as proxies (bitches) for the uber wealthy.
Everything else is just political/nationalistic noise.
IMF,ECB,WB,FED,BOE vs Human Species
Battle Ground = World
I think a world civil war could happen, every country revolts from within, oh yeah, thats right, it's already happening. Instead of fighting each other this time we might turn on TPTB and take the fight to the Banksters!! Give em a taste of their own medicine this time.
"This just in George, all the Central banks have been occupied and destroyed by citizens around the world. And Now back to Real Jersey Whores and your regularly scheduled program."
This revolution will not be televised.
It's a Bank run Bitches!
I've said for a long time....US takes Iran....three countries in a row....extra men at the start of the turn, FTW.
All FIAT currencies are equally worthless and there is no reason for the USD to be the weak one all the time. That is why it is going up for a while. That's the game, currencies are trading in a range and they will depreciate and die together.
Agreed. Debt to GDP levels (of the disclosed debts at this point anyway) are similiar in Portugal, Greece, Spain, US, etc. When one's value holder currency is a debt-based one and banks can create capital through fractional reserve lending (ledger created capital), the recipe for purchasing power loss is guanranteed. Unless of course you have close friends in the Central Banks/Governments.
yep, they just take turns ratcheting the currencies value down, yet keep the exchange rates in a range which makes them appear to maintain their values.
Beyond the charts, it seems like the Euro has a long way to come down relative to the dollar. The political structure of the Eurozone is in shambles and they are urgently looking for a way for the ECB to monetize the sovereign debts.
Of course the US equities market is going to tank from this. Simple margin calls aren't enough to handle the deleveraging needed in the equities and commodities market.
I cant understand why Europe is not totaly engulfed in riots and flames...same with the US actually, I dont get it.....unless theyre dumping Lithium and Xanax and Flouride into drinking water supplies like mad.
Sex, alcohol, drugs, entertainment … that’s why.
No one can afford hardly any of that anymore.
Oh yeah they are rioting. Just over the wrong fucking thing. GOD DAMN THE RETARDS - http://www.twirlit.com/2011/11/10/penn-state-riot-2011-video-rallies-getting-voilent-after-joe-paterno-fired/
what an incredible event. these kids are so deluded that they riot to protect a washed up old football coach who covered up for child rape. Until Americans wake up, they will continue to get raped.
Those same students also fight for continued government funded debt to become part of the system. College is only good for getting threesome with drunks whores and access to home-grown.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.