This page has been archived and commenting is disabled.

Here Comes The Mother Of All Rumors: G-20 Sources Say Central Banks Preparing For Coordinated Action

Tyler Durden's picture




 

Update 1: and here comes the revision:

  • G20 SOURCES SAY CENTRAL BANKS PREPARING FOR COORDINATED ACTION AFTER THE GREEK ELECTIONS IF NEEDED

So... if Syriza wins, and Greece leave the Eurozone, there will be a response? Unpossible.

Update 2:

  • EUROZONE MINISTERS TO HOLD CONFERENCE ON SUNDAY TO DISCUSS OUTCOME OF GREEK ELECTIONS

LOL, in other words:

  • STUFF MAY OR MAY NOT HAPPEN DEPENDING ON WHAT MAY HAPPEN.

What a joke

* * *

And the mother of all rumors strikes:

  • G20 SOURCES SAY CENTRAL BANKS PREPARING FOR COORDINATED ACTION AFTER THE GREEK ELECTIONS

One small problem. Central banks NEVER indicate in advance what they will do. This is merely a desperation attempt to ramp markets into the close, and sucker even more retail into stocks ahead of Sunday. Now we wait for the denial because otherwise some pathetic G-20 leak just made central banks everywhere irrelevant and obsolete: remember what happened to Jamie Dimon when in March he front-ran the Fed...

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 06/14/2012 - 15:09 | 2526729 SHEEPFUKKER
SHEEPFUKKER's picture

Pop goes the weasel. 

Thu, 06/14/2012 - 15:11 | 2526747 CClarity
CClarity's picture

Utter proof that the algos run the market.  Equities, FX, bonds.  So sad . . . May I say i hope they blow up a few firms for this assholic behavior.  

Thu, 06/14/2012 - 15:12 | 2526756 Pladizow
Pladizow's picture

As of yet, gold doesnt believe it!

Thu, 06/14/2012 - 15:14 | 2526779 sunaJ
sunaJ's picture

I'll tell you what happened to Jamie Dimon:  nothing.

Thu, 06/14/2012 - 15:15 | 2526786 MillionDollarBonus_
MillionDollarBonus_'s picture

If the Greek anti-bailout parties win the election this weekend, all hell will break lose. THe stability of the global financial system isliterally at stake. It is the duty of every responsible Greek citizen to do their part and vote either Socialist or ND, or they will be to blame for the chaos that ensues. 

Thu, 06/14/2012 - 15:15 | 2526790 SilverTree
SilverTree's picture

Coordinated Failure!

Thu, 06/14/2012 - 15:30 | 2526875 Ahmeexnal
Ahmeexnal's picture

The only coordinated actions central bankers can do is run and hide, for when TSHTF 7 billion sheeple will be looking for them with pitchforks, rope, tar, feathers, guillotines, baseball bats.....and an infinite thirst for JUSTICE!

Thu, 06/14/2012 - 15:34 | 2526897 12ToothAssassin
12ToothAssassin's picture

A rumor of this magnitude surely means the end is near? Or at least they think its in sight?

Thu, 06/14/2012 - 15:49 | 2526972 Ahmeexnal
Ahmeexnal's picture

Stanford sentenced to 110 years for a puny 7 billion ponzi scheme.

How much will those running the quadrillion ponzi scheme called "global financial system" will be slapped with?

 

http://www.marketwatch.com/story/stanford-sentenced-to-110-years-in-jail...

Thu, 06/14/2012 - 15:50 | 2526977 Pinto Currency
Pinto Currency's picture

This planet has yet to see a coordinated central bank.

Never mind 20 central banks working together in a coordinated fashion.

Thu, 06/14/2012 - 15:54 | 2526992 Divided States ...
Divided States of America's picture

Funny, are all rumors now ONLY GOOD??? I swear, at home, at work, with the wifey, all the rumors turn out BAD, but I guess not if it relates to the financial markets, if its a rumor, it has to be GOOD.

Thu, 06/14/2012 - 15:58 | 2527024 CClarity
CClarity's picture

As Dan Alpert just tweeted, "G20 central banks to attempt to vaccinate the world against Greek "plague." But the vaccine is really just pain medication. Cures nothing."

Thu, 06/14/2012 - 16:02 | 2527041 HarryM
HarryM's picture

Rumors are very effective

Start a rumor that someone molested a child , even if found to be baseless and you've ruined that persons reputation for life.

 

 

Thu, 06/14/2012 - 19:08 | 2527277 Badabing
Badabing's picture

Corzine molests little girls.

Thu, 06/14/2012 - 17:45 | 2527344 Race Car Driver
Race Car Driver's picture

Banksters = Child Molestors = Republicans

Thu, 06/14/2012 - 17:52 | 2527365 akak
akak's picture

You forgot to mention the Democrats, who are of course equally guilty as the Republicans in all crimes against the American people.

Fri, 06/15/2012 - 02:07 | 2528463 The Monkey
The Monkey's picture

Coordinated central bank action. It's expedient. In the short-term it, kind-of, works (narrows speads, etc.)

In the longer term... Well, that's the million dollar question isn't it?

Thu, 06/14/2012 - 16:00 | 2527038 f16hoser
f16hoser's picture

Corzine should get at least twice that (220 years)....

Thu, 06/14/2012 - 16:20 | 2527088 hedgeless_horseman
hedgeless_horseman's picture

 

 

Stanford was once considered one of the richest men in the U.S., with an estimated net worth of more than $2 billion. His financial empire stretched from the U.S. to Latin America and the Caribbean. But after his arrest, all of his assets were seized and he had to rely on court-appointed attorneys to defend him.

 

http://finance.yahoo.com/news/stanford-gets-110-years-role-171331968.html

That's not cricket!

Thu, 06/14/2012 - 16:26 | 2527122 Muppet Pimp
Muppet Pimp's picture

If the fraudsters would only learn, fraud is allowed (encouraged really) only on our team.  Fraud for any other teams will be punished.  Who's your daddy?

Thu, 06/14/2012 - 15:51 | 2526973 Pinto Currency
Pinto Currency's picture

-

Thu, 06/14/2012 - 15:36 | 2526904 Ghordius
Ghordius's picture

Nope, Tyler is 100% right, INHO. Don't underestimate only because you hate.

Thu, 06/14/2012 - 15:40 | 2526923 macholatte
macholatte's picture

 

 

The can shall be kicked!

"So let it be written. So let it be done."

Thu, 06/14/2012 - 15:47 | 2526962 RedMeansGo
RedMeansGo's picture

I imagine this is what Ben looks like standing next to the printer.

http://www.youtube.com/watch?v=T9uuPza41Uw

Thu, 06/14/2012 - 16:32 | 2527140 Cadavre
Cadavre's picture

Seeking advice: Would now be a good time to consider coming back into the market.

Or, is the dump so complete that the supply of available stock certificates such that it will price up to meet HFT demand?

The PPT is at it again - when the print isn't enough have the administration's economic advisory board hit the phones and said buy or we all die!

Then there's this:

Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012. OANDA believes the convergence of a major market event during off-market hours represents a potential trading risk and has taken this rare step to protect traders from excessive rate fluctuations.

Please note that during this halt in trading, you can still access your account details but no trading activity will be accepted. For this reason, OANDA strongly recommends that all traders consider minimizing currency exposures prior to the trading halt.

If you do intend to maintain open positions during this period, be aware that OANDA will hold exchange rates steady during the trading halt. However, when trading resumes, rates will immediately adjust to the current market rate and it is possible that the updated rate could result in a margin closeout if the price has moved significantly against your positions.

Therefore, it is your responsibility to ensure you have adequate funds in your account to prevent a margin closeout.

OANDA apologizes for any inconvenience this may cause.

For more information, please contact a Customer Service representative.

Best regards,

The OANDA team

And I was looking forward to selling my FB shares once they hit my 42$ buy in price .. and then go hog wild on Groupon

Dapper Jamie and "seat belt" Corrazine, as well as the entire Senate Banking Committee, need to be brought up on RICO and corruption charges, but the FBI and DoJ is too busy covering it's "greased palm" relationships with Drug Cartels and founding false flag news items.

These gansters really think they are going to get away with this shit?

If you think I'll sit around as the world goes by
You're thinkin' like a fool cause it's a case of do or die
Out there is a fortune waitin' to be had
You think I'll let it go you're mad
You've got another thing comin'

(.. "You've Got Another Thing Coming"  Judas Priest)

Thu, 06/14/2012 - 16:26 | 2527119 Bwahaha WAGFDSMB
Bwahaha WAGFDSMB's picture

I thought the only thing central bankers knew how to do was ctrl-p.

Thu, 06/14/2012 - 15:17 | 2526803 Unprepared
Unprepared's picture

It is the duty of the US Army to bomb the hell out of Greek citizens to avoid a global catastrophe

Thu, 06/14/2012 - 15:18 | 2526817 XitSam
XitSam's picture

It's amazing. You've reinvented yourself from a troll into a comedian.

Thu, 06/14/2012 - 15:23 | 2526843 SilverTree
SilverTree's picture

From a dumbfuk to a silly dumbfuk.

Thu, 06/14/2012 - 16:27 | 2527127 Bwahaha WAGFDSMB
Bwahaha WAGFDSMB's picture

Finally found your sense of humor?  MDB has always been a comedian.

Thu, 06/14/2012 - 15:33 | 2526831 CommunityStandard
CommunityStandard's picture

Except there are no anti-bailout parties, only anti-austerity.  They all still want German money.

Thu, 06/14/2012 - 15:21 | 2526833 crkennedymd
crkennedymd's picture

Good. Bring on the chaos. Sick of waiting for the wind in my hair as we sail off that cliff!

Thu, 06/14/2012 - 15:27 | 2526858 old naughty
old naughty's picture

I am a non-believer, ever since RandP "re-aligned".

Thu, 06/14/2012 - 15:30 | 2526877 Dr. Richard Head
Dr. Richard Head's picture

Hey, I actually agree with you, on the first part of your statement.  All hell will indeed break loose, but only for those that are artificially propped up by the fiat ponzi circle jerk. 

The latter part of your statement is false though.  The banksters and their hidding of debt prior to the Lisbon treaty will be responsible for the chaos that ensues, as will cock gobblers like yourself.

Thu, 06/14/2012 - 15:51 | 2526982 BeetleBailey
BeetleBailey's picture

It's hard to resist not liking you BillionBullshitBounce...but with every post, it's easier and easier.

As Hugh Culverhouse once said to Al Davis;

"Let me be perfectly clear - Fuck....You".

Thu, 06/14/2012 - 15:51 | 2526984 somecallmetimmah
somecallmetimmah's picture

Thank you, Al Gore.

Thu, 06/14/2012 - 16:09 | 2527064 Bansters-in-my-...
Bansters-in-my- feces's picture

I can't tell you enough times MDB.......Fuck Off FuckTard.

Thu, 06/14/2012 - 16:25 | 2527117 blueridgeviews
blueridgeviews's picture

If the world financial system can be knocked into chaos by a little country like Greece then it NEEDS to fail! It's worthless.

Thu, 06/14/2012 - 16:32 | 2527144 Meatballs
Meatballs's picture

Hey MDB. I have an idea- why don't you blow it out of your ass. Greek citizens have very little to do with this fiasco and if they are smart will follow Iceland's lead.

It is well past time for this shit to be over and the people to rise up worldwide and move on with some dignity...the bankers et al? Fuck'em, their time is drawing to a close.

Thu, 06/14/2012 - 18:35 | 2527446 Bunga Bunga
Bunga Bunga's picture

You should get your own show on Moron TV.

Thu, 06/14/2012 - 22:01 | 2528006 TheFourthStooge-ing
TheFourthStooge-ing's picture

Bunga Bunga said to MDB:

You should get your own show on Moron TV.

[cough]...Kudlow Report...[cough cough]

Thu, 06/14/2012 - 15:16 | 2526784 iDealMeat
iDealMeat's picture

I'm in the mood,  in the mood to go pick up some more ammo..

just have that feeling..

Thu, 06/14/2012 - 15:22 | 2526839 JohnG
JohnG's picture

I've been pulling my cash for 3 weeks.  I feel it too. 

Thu, 06/14/2012 - 15:33 | 2526892 Dr. Richard Head
Dr. Richard Head's picture

Due to recent wire transfers, I will be stuck with a deposit in the bank that would require me to withdraw three different times over three different day and three differrent locations. otherwise, if one lump sum, it would require the bank to document (along with photo copy of my id and explination of withdraw, purposes, and current job title/function) my withdraw and submit to DHS. Yeah, land of the free baby.

Plus, they probably don't have enough cash on hand. Can't drive to the coin shop and jump in my canoe quick enough.

Thu, 06/14/2012 - 15:43 | 2526946 CommunityStandard
CommunityStandard's picture

Just withdraw and let them report it.  They could pull your license and job info if they wanted it anyway.  Better to have the cash.  Additionally, you can call the bank ahead of time and ask them to order the cash - happens all the time.  They'll let you know the earliest they can have it by.  (Don't ask for their shipment days though.  They might suspect you of attempting an armed robbery.)

Thu, 06/14/2012 - 15:47 | 2526961 pods
pods's picture

You will be in more trouble if you try to "structure" your withdrawals to avoid a report.

They made sure they cover all bases.  Go with the lump sum, call them ahead and take it in cash.  That always pisses them off.  

Anything over like 5-10k they will have to scramble to get the currency together.

If that isn't scary, I don't know what is.

pods

Thu, 06/14/2012 - 15:56 | 2527004 Patriot Eke
Patriot Eke's picture

If you really want to piss them off, ask for it in half dollars.  Back the truck up.  At least the metal has intrinsic value, and the weight makes it harder for someone to walk away with your safe.

Fri, 06/15/2012 - 01:25 | 2528417 iDealMeat
iDealMeat's picture

You Sir, get it..  However, I would suggest nickels.

Thu, 06/14/2012 - 15:58 | 2527023 Dr. Richard Head
Dr. Richard Head's picture

HA! I just called them to inquire about making the lump sum withdrawal tomorrow.  They said they generally need a week to two in order to accomodate the withdrawal, but should be able to scrape up enough to fullfill the amount. 

I wish the sheep around me would understand what I mean by fractional reserve banking when I talk to them.  Oh well, at least they (those around me that I screamed to for five years) can't say they were warned. Fuck, if they understood Repo105, Mark to model, and various other dubious acts of these scheisters, they would be as paranoid as I was.

Joke em if they can't take a fuck.

Thu, 06/14/2012 - 16:04 | 2527049 lemonobrien
lemonobrien's picture

i'm withdrawing in small denominated bills, nothing higher than a 20.

Thu, 06/14/2012 - 16:16 | 2527092 azzhatter
azzhatter's picture

I drew $6K 5 times within 3 weeks. No problems, just told them ahead of time. Very few questions. But that was 2 years ago, now the gestapo has a lot of questions when I just take $1K.

Thu, 06/14/2012 - 16:57 | 2527218 tekhneek
tekhneek's picture

Any time I take out anything over 3k the cashier has to get an "override" to allow the withdrawl. I almost closed my account right then and there then the manager explained that she'd only been a teller for 3 weeks and they don't trust them to withdrawl anything over $300.

The fuck? To make things more interesting they cap your ATM withdrawls now. $500 at most places.

Something's brewing, I doubt the shit will hit the fan this weekend, but if it does I wouldn't really be too worried. Just have to remember where I wrecked my kayak.

Thu, 06/14/2012 - 22:02 | 2528009 geekgrrl
geekgrrl's picture

I've had a lot of problems getting cash from my bank, and it's a credit union. 3k max, and don't try it near SS payment day, or end of month, or the end of the week, or they really complain. I've been given a number of excuses, but anything over 3k, and they say: "you know, you really should call ahead before you make these kind of withdrawals."

I'm tempted to take Pods' advice, and just take it all out in one lump sum.

Thu, 06/14/2012 - 15:15 | 2526788 rocker
rocker's picture

This is what they did all summer last year.  What a shame.

The only way to make the finacials go up is to make shorts cover. While the MM's sell their holdings.

Thu, 06/14/2012 - 15:20 | 2526789 CClarity
CClarity's picture

And the VIX falls to lowest level of day . . . can't make this stuff up.

I guess Europe is all fixed!  Go back to EuroCup, US Open, and baseball and basketball.  Much better to gamble on those.

Thu, 06/14/2012 - 16:00 | 2527039 slewie the pi-rat
slewie the pi-rat's picture

the mother of all rumors has started a boner!

the dollar has broken 82 heading south and the EUR has popped 126 goin north and the stocks got a nice goose too

goldie lookin boldie too!

 

Thu, 06/14/2012 - 16:17 | 2527096 azzhatter
azzhatter's picture

Mandy Drury's nipples even popped a boner on CNBS

Thu, 06/14/2012 - 18:49 | 2527476 anyways
anyways's picture

this is easy. It's almost a given thing, that rising markets lead to falling implied volatilities and vice versa. So, this is expected behaviour for the VIX.

Thu, 06/14/2012 - 15:42 | 2526938 Silver Bug
Silver Bug's picture

QE to infinity continues, don't believe what this banksters have to say.

 

Buy Silver, Take your Freedom back!

Thu, 06/14/2012 - 16:09 | 2527065 JustObserving
JustObserving's picture

Gold and silver should have been skyrocketing.  It is a manipulated market - plain and simple.  Silver is down today.  That is almost impossible with the promise of printing of trillions which may be required after the Greek elections.

 

Thu, 06/14/2012 - 15:38 | 2526798 TruthInSunshine
TruthInSunshine's picture

What bankers want, bankers get.

 

 

"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the earth; take it away from them, but leave them with the power to create credit, and with the stroke of a pen they will create enough money to buy it back again. . . If you want to be slaves of the bankers, and pay the costs of your own slavery, then let the banks create money."

 

--Josiah Charles Stamp;

former director of the Bank of England

Thu, 06/14/2012 - 15:28 | 2526866 El Oregonian
El Oregonian's picture

"DAMMIT SCOTTY, WE NEED MORE PRINTING!!!"


"CAPTAIN, I'M GIVING YOU ALL SHE'S GOT, ANY MORE AND SHE'LL BLOW"

 

I DON'T CARE! ... I DON'T CARE!!... I DON'T CARE!!!

Thu, 06/14/2012 - 15:53 | 2526987 geekgrrl
geekgrrl's picture

Eject the cores! It's the only way to escape the black hole of debt.

Thu, 06/14/2012 - 15:34 | 2526899 pkea
pkea's picture

coordinated action to do nothing

Thu, 06/14/2012 - 15:41 | 2526932 pkea
pkea's picture

look at who's running those algos

Thu, 06/14/2012 - 15:11 | 2526749 old naughty
old naughty's picture

Damn !

Thu, 06/14/2012 - 15:18 | 2526811 pkea
pkea's picture

Let me get it straight:

so Italy, spain, france will print trillions and be bailing themselves out?

 

 please....

Thu, 06/14/2012 - 15:38 | 2526914 Assetman
Assetman's picture

Either that, or that little print shop in the remote village of the Swiss Alps is printing enough New Drachmas to provide enough toilet paper to cover the whole Greek population... and then some.

It doesn't matter who wins the elections... the Greek government will still want to spend more money than what it takes in.  The sooner the EU realizes the lost cause, the better.

Egypt, on the other hand, is about to become another crazed theocracy.  Oh joy.

Thu, 06/14/2012 - 15:50 | 2526974 Jonas Parker
Jonas Parker's picture

That little print shop in the remote village of the Swiss Alps is going to be printing new Deutchmarks, as Germany bails from the economic cluster-fuck that the euro has become...

Thu, 06/14/2012 - 18:21 | 2527430 noses
noses's picture

No, dear, Germany would never have anyone print a new currency for them, that's why there still is the Bundesdruckerei ("federal print shop").

Fri, 06/15/2012 - 02:03 | 2528459 Assetman
Assetman's picture

One would wish that were the case.

Thu, 06/14/2012 - 16:29 | 2527131 Mark123
Mark123's picture

You mean Egypt will be more like Israel?  Only difference is that Egypt is poverty stricken, no nuclear arsenal, no high tech armed-to-the-teeth military.

 

Pathetic pavlovian crap.

Fri, 06/15/2012 - 02:18 | 2528472 Assetman
Assetman's picture

Woof.

Nope.  Egypt will be more like Iran... but I see what you did there, and I respect the misguided attempt to compare apples to oranges.  Or is it fezzes to those little beanie caps without the helicopters?

Pardon the tangential thoughts... do agree that Egypt will not likely become an international threat overnight, but radical regime change invites regional instability... and makes one wonder whether the billions per year were were providing them in military assistance really makes any sense, as allegiances are likely to change.

Of course, if you flip the argument on its side, one can make the case that an eruption to chaos in Egypt might be a conventient trigger point (or adequate cover) for other major powers (like China and Russia) to be even more involved in the region.

 

Thu, 06/14/2012 - 22:11 | 2528034 TheFourthStooge-ing
TheFourthStooge-ing's picture

pkea said:

Let me get it straight:

so Italy, spain, france will print trillions and be bailing themselves out?

 please....

Well, technically, Kimberly-Clark will be doing the actual printing.

Thu, 06/14/2012 - 15:20 | 2526826 RmcAZ
RmcAZ's picture

Buy EVERYTHING, ask questions later.

Thu, 06/14/2012 - 15:20 | 2526828 pop goes the weasel
pop goes the weasel's picture

Hi!

Thu, 06/14/2012 - 20:59 | 2527821 gatorengineer
gatorengineer's picture

They could give a shit about greece.  They are just doing this to prop Obama.  Nothing more nothing less.  Dow at 15000 on election day ices it.  Saudi's and Jews playing nice till then.   After November all hell really breaks loose.

Thu, 06/14/2012 - 21:54 | 2527980 Buck Johnson
Buck Johnson's picture

They would never say something like this early unless they are afraid of what I commented on earlier on another story.  And that is Friday being a bloody day across the globe where people and institutions are getting out of market and waiting for what happens in Greece and other countries.  In fact to be honest with you they just made it alot easier for the right wing guy to win now, because if the public believes that they rest of the G-20 will come  to the rescue they can renegotiate the deal.  This announcement was for the market and I don't think people believe it, not one bit.

Thu, 06/14/2012 - 15:10 | 2526731 geewhiz190
geewhiz190's picture

everything's going to be just fine, have a nice weekend everyone!

Thu, 06/14/2012 - 15:13 | 2526769 eclectic syncretist
eclectic syncretist's picture

Leaked rumor ramp by someone who expects a big down day on Monday.  Nice!  Maybe these guys are getting easier to read.

Thu, 06/14/2012 - 16:17 | 2527095 wagthetails
wagthetails's picture

that actually what scares me the most...the fact that the game finally seems obvious, and I mean smack you in the mouth obvious.  before a lot of the conspiracy stuff i took with a grain of salt...but it is way too obvious now. we must be that close (or the Powers think we are that close) to the end. 

like in the movies, this rumor is the last carzy thing a dying person says, followed by the death rattle.  The next two trading days will be crazy.

 

Thu, 06/14/2012 - 15:10 | 2526732 hedgeless_horseman
hedgeless_horseman's picture

 

 

Nobody expects the coordinated action!

Thu, 06/14/2012 - 15:16 | 2526793 SHEEPFUKKER
SHEEPFUKKER's picture

Cue denial of coordinated G20 intervention in 4...3....2....1

 

Thu, 06/14/2012 - 15:22 | 2526841 Dr. Engali
Dr. Engali's picture

Denial will come after the close when the robots are off.

Thu, 06/14/2012 - 15:30 | 2526874 sunaJ
sunaJ's picture

Coordinated Action:  We will pillage and rape.  You will present your gold and women.

 

Thu, 06/14/2012 - 15:17 | 2526801 slewie the pi-rat
slewie the pi-rat's picture

nobody, h_h! 

the inception proves the rule, BiCheZ!

Thu, 06/14/2012 - 15:56 | 2527009 fuu
fuu's picture

slewie the dur-den?

Thu, 06/14/2012 - 16:08 | 2527057 slewie the pi-rat
slewie the pi-rat's picture

tyler nailed it

thingaB.U_T

now this mother0'rumorz and the money loves it!

fuue_the_k?  L0L!!! 

Thu, 06/14/2012 - 16:32 | 2527145 fuu
fuu's picture

There was a sale on U's after I had to post the C and K as collateral.

It truely was a thingaB.U_T.

Thu, 06/14/2012 - 15:24 | 2526847 duo
duo's picture

The Bernank has to make his announcements before the market open on options-expiration Friday.  Somebody is front-running the Bernank.

Thu, 06/14/2012 - 16:16 | 2527091 NemoDeNovo
NemoDeNovo's picture

Nobody expects........

http://youtu.be/Tym0MObFpTI

The Spanish Inquisition!!!!!!
Thu, 06/14/2012 - 16:43 | 2527177 PalladiumJockey
PalladiumJockey's picture

Use the pointy side of the bills!

Thu, 06/14/2012 - 18:23 | 2527433 noses
noses's picture

What would they have to coordinate? Just reboot the Matrix and try again. Agent Bernanke will need some reconfiguration but everything else will just be fine.

Thu, 06/14/2012 - 15:12 | 2526733 Divided States ...
Divided States of America's picture

So basically they know that the Greek elections will be market negative. Good job G-20 assholes for letting the cat out of the bag.

Thu, 06/14/2012 - 15:14 | 2526776 Unprepared
Unprepared's picture

Who are these Gees minus Twenty everybody is referring to? A new rock band?

Thu, 06/14/2012 - 15:17 | 2526797 NotApplicable
NotApplicable's picture

Nah, planetary cancer.

Thu, 06/14/2012 - 16:07 | 2526976 Chaffinch
Chaffinch's picture

I think G minus 20 must be some new way of expressing a credit rating. Maybe it's the credit rating for the whole world's Central Banks.
Without those damned Silver Bears I'm struggling to understand WTFuck is going on these days.

Thu, 06/14/2012 - 15:16 | 2526792 Bagger
Bagger's picture

There are lots of possible outcomes to the Greek elections. I don't see any of them being market positive (other than first 2 hours).

They are just using the elections to delay any action. They they will use G-20 meeting, and then something else. Just more can kicking........

Thu, 06/14/2012 - 15:10 | 2526734 asteroids
asteroids's picture

They also never say anything during the trading day. Hmmm. Someone is positioning for a short?

Thu, 06/14/2012 - 15:10 | 2526736 digitlman
digitlman's picture

What happens Sunday?

Thu, 06/14/2012 - 15:14 | 2526778 Nobody For President
Nobody For President's picture

We all go to church to pray...

Thu, 06/14/2012 - 15:15 | 2526785 Coast Watcher
Coast Watcher's picture

Everyone prays.

Thu, 06/14/2012 - 15:32 | 2526887 Dead Canary
Dead Canary's picture

Why not. They are preying on us!

Thu, 06/14/2012 - 15:41 | 2526937 CcalSD
CcalSD's picture

Everyone prays, then Everyone Pays!

Thu, 06/14/2012 - 16:15 | 2527087 ZeroAvatar
ZeroAvatar's picture

I'd prefer to Spray and Pray.

Thu, 06/14/2012 - 15:31 | 2526885 Matt
Matt's picture

Greek and Egyptian Elections 2012, round 2.

Thu, 06/14/2012 - 16:16 | 2527093 googlenerd
googlenerd's picture

I'm gonna smoke a butt and tend my garden. Beer is somewhere in there too...

Thu, 06/14/2012 - 15:11 | 2526737 El Viejo
El Viejo's picture

An attempt to mitigate the reaction to an obviously coming negative election.

Thu, 06/14/2012 - 15:10 | 2526739 Abraxas
Abraxas's picture

Bring it on!

Thu, 06/14/2012 - 15:10 | 2526740 ChrisDG74
ChrisDG74's picture

That's why the Dow just jumped 100 in one SECOND.

Thu, 06/14/2012 - 15:18 | 2526810 wchild
wchild's picture

Euphoria!!

Thu, 06/14/2012 - 15:22 | 2526830 pkea
pkea's picture

and nobody will ever investigate into that jump:))) ahahahahahaha

 

this is better than any comedy channel

Thu, 06/14/2012 - 15:21 | 2526835 Unprepared
Unprepared's picture

ONE second? Mortals and their rounding errors.

Thu, 06/14/2012 - 15:29 | 2526872 Coast Watcher
Coast Watcher's picture

Already back down by half the original gain in less than 30 minutes. That's half a half-life, right?

Thu, 06/14/2012 - 15:10 | 2526741 Unprepared
Unprepared's picture

I never knew rumors had so many mothers.

Thu, 06/14/2012 - 15:12 | 2526743 Dr. Engali
Dr. Engali's picture

Look at that market rip. What a bunch of tools. I'm surprised PMs didn't get a big old boner on that news.

Thu, 06/14/2012 - 15:10 | 2526744 zerotohero
zerotohero's picture

SELL ALL PM's - GET OUT - its gonna be ugly.

Thu, 06/14/2012 - 15:21 | 2526808 Paul Atreides
Paul Atreides's picture

There are only 3 reasons I will sell my PMs.


  1. To buy a nicer house on some land.
  2. My retirement.
  3. Emergency SHTF basic life necessities.

 

The rest is noise just like your comment.

Thu, 06/14/2012 - 15:31 | 2526884 zerotohero
zerotohero's picture

Man you guys are waaaaayy too easy.

Thu, 06/14/2012 - 15:51 | 2526965 Paul Atreides
Paul Atreides's picture

Troll or not there are a lot of newly awakened novice stackers that gravitate to this site. I would hate to see one of them do something stupid like this guy based on your comment and would gladly be trolled again to prevent it.

Thu, 06/14/2012 - 15:11 | 2526745 BlandJoe24
BlandJoe24's picture

Buy a put at the top?

Thu, 06/14/2012 - 15:11 | 2526746 partimer1
partimer1's picture

someone sold a lot puts and dont want to pay them.  It has to be expired worthless.  

Thu, 06/14/2012 - 15:11 | 2526748 derek_vineyard
derek_vineyard's picture

lol @ entire market system

Thu, 06/14/2012 - 15:46 | 2526933 derek_vineyard
derek_vineyard's picture

trading every nano second rumor/news story and losing total sight of the big picture  (penny wise/dollar foolish)

buy real assets....metals, things you can hold and touch, a wide range of products, a plot of land/home for cash, and take delivery of all of it and FORGET ALL THE DAILY MARKET GYRATIONS---own as little as you can 'on paper'

worst case is you keep pace with inflation/ best case you have and own real things when others dont

 

 

Thu, 06/14/2012 - 16:18 | 2527098 CrashisOptimistic
CrashisOptimistic's picture

It has been complete bullshit for 4 years.

DON'T TRADE EQUITIES OR EQUITY INDICES. 

Simply stop.

There are alternatives, and I don't mean gold.

There are bonds.  There are ETFs devoted strictly to non equity offerings.  There are REITS.  There are master limited partnerships, though even those are fuzzy.

Just stay out of equities in either direction and you will stop caring about their bullshit.

Thu, 06/14/2012 - 15:11 | 2526751 Syntaxkat
Syntaxkat's picture

and "Boom goes the dynamite"

Thu, 06/14/2012 - 15:11 | 2526752 hannah
hannah's picture

funny thing....they will do a massive bailout sooner or later....LOL

Thu, 06/14/2012 - 15:11 | 2526753 lizzy36
lizzy36's picture

Santa Claus is coming to town.

G20's making a list...checking it twice going to find out who needs $1t-$3T

Thu, 06/14/2012 - 15:11 | 2526754 ebworthen
ebworthen's picture

"Coordinated action"

Must mean another conference with fine liquor, lobster, and hookers.

Thu, 06/14/2012 - 15:26 | 2526856 slewie the pi-rat
slewie the pi-rat's picture

lizzy is gonna be there with santa tryng to pomo her pony needs...?

i would personally wait for jacksonHole and the prune&cow-boy dog and pony revue...

but she may wish to travel into mexico city for the fresh air...

Thu, 06/14/2012 - 15:12 | 2526755 SmoothCoolSmoke
SmoothCoolSmoke's picture

Fokkers!

Thu, 06/14/2012 - 15:12 | 2526758 RacerX
RacerX's picture

is this similar to "I'm coming.. I'm coming.."

Thu, 06/14/2012 - 15:12 | 2526760 Grand Supercycle
Grand Supercycle's picture

Rally warning confirmed...

Significant equity / EURUSD upside & USDX retracement ahead.

http://www.zerohedge.com/news/2012-12-24/market-analysis

Thu, 06/14/2012 - 15:16 | 2526791 somethingisrotten
somethingisrotten's picture

SPAM

Thu, 06/14/2012 - 15:57 | 2527020 Grand Supercycle
Grand Supercycle's picture

somethingisrotten,

1.
you should learn to trade

2.
make $$$ and be happy

3.
don't be a troll

Thu, 06/14/2012 - 17:33 | 2527246 akak
akak's picture

Fuck you spammer, and the blinkered trading horse you rode in on.

Anyone "trading" in this manipulated and massively corrupt, so-called "market" is a fool who is trying to beat the house sociopaths at their own game.  You will lose, guaranteed --- and it couldn't happen to a more appropriate shitwad.

That said, my real ire is drawn by your incessant and repetitively multiple spamming of thread after thread here for your own website, which in fact I believe is a banable offense on ZH if I am not mistaken.  Tread lightly, spammer.

Thu, 06/14/2012 - 15:12 | 2526761 TrainWreck1
TrainWreck1's picture

Has Tony Robbins weighed in on this yet?

Thu, 06/14/2012 - 15:17 | 2526799 Bay of Pigs
Bay of Pigs's picture

Speaking of Tony....

REDRUM! REDRUM!

http://www.youtube.com/watch?v=KH7_P-jmmmg

Thu, 06/14/2012 - 15:25 | 2526823 Bam_Man
Bam_Man's picture

What is he, "The New Lenny Dykstra" or something?

Thu, 06/14/2012 - 15:12 | 2526762 Coast Watcher
Coast Watcher's picture

Naz went from negative to 17 points in the black instantly on this. Gee guys, why not wait until after the close, like always?

Thu, 06/14/2012 - 15:12 | 2526764 junkyardjack
junkyardjack's picture

Damn, where's Robo?

Thu, 06/14/2012 - 15:20 | 2526829 ebworthen
ebworthen's picture

Busy buying Dollar shorts?

Thu, 06/14/2012 - 15:13 | 2526767 fonzannoon
fonzannoon's picture

Look at silver go!!!!! up 3 cents.

Thu, 06/14/2012 - 15:13 | 2526771 Boilermaker
Boilermaker's picture

SURPRISE!!!

Thu, 06/14/2012 - 15:13 | 2526772 skohiu
skohiu's picture

Over/Under on half life of this rally?

Thu, 06/14/2012 - 15:13 | 2526773 tarsubil
Thu, 06/14/2012 - 15:13 | 2526774 dow2000
dow2000's picture

THIS IS WHY I LOVE ZEROHEDGE....because low and behold they will be right!

Thu, 06/14/2012 - 15:19 | 2526775 I Am Not a Copp...
I Am Not a Copper Top's picture

Let's see what the half-life is on this one

Beat me to it...

Thu, 06/14/2012 - 15:31 | 2526880 Coast Watcher
Coast Watcher's picture

Down by half already. That didn't take long.

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