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Here Comes The Mother Of All Rumors: G-20 Sources Say Central Banks Preparing For Coordinated Action
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...
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Pop goes the weasel.
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.
As of yet, gold doesnt believe it!
I'll tell you what happened to Jamie Dimon: nothing.
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.
Coordinated Failure!
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!
A rumor of this magnitude surely means the end is near? Or at least they think its in sight?
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...
This planet has yet to see a coordinated central bank.
Never mind 20 central banks working together in a coordinated fashion.
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.
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."
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.
Corzine molests little girls.
Banksters = Child Molestors = Republicans
You forgot to mention the Democrats, who are of course equally guilty as the Republicans in all crimes against the American people.
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?
Corzine should get at least twice that (220 years)....
That's not cricket!
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?
-
Nope, Tyler is 100% right, INHO. Don't underestimate only because you hate.
The can shall be kicked!
"So let it be written. So let it be done."
I imagine this is what Ben looks like standing next to the printer.
http://www.youtube.com/watch?v=T9uuPza41Uw
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)
I thought the only thing central bankers knew how to do was ctrl-p.
It is the duty of the US Army to bomb the hell out of Greek citizens to avoid a global catastrophe
It's amazing. You've reinvented yourself from a troll into a comedian.
From a dumbfuk to a silly dumbfuk.
Finally found your sense of humor? MDB has always been a comedian.
Except there are no anti-bailout parties, only anti-austerity. They all still want German money.
Good. Bring on the chaos. Sick of waiting for the wind in my hair as we sail off that cliff!
I am a non-believer, ever since RandP "re-aligned".
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.
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".
Thank you, Al Gore.
I can't tell you enough times MDB.......Fuck Off FuckTard.
If the world financial system can be knocked into chaos by a little country like Greece then it NEEDS to fail! It's worthless.
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.
You should get your own show on Moron TV.
Bunga Bunga said to MDB:
[cough]...Kudlow Report...[cough cough]
I'm in the mood, in the mood to go pick up some more ammo..
just have that feeling..
I've been pulling my cash for 3 weeks. I feel it too.
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.
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.)
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
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.
You Sir, get it.. However, I would suggest nickels.
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.
i'm withdrawing in small denominated bills, nothing higher than a 20.
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.
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.
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.
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.
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.
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!
Mandy Drury's nipples even popped a boner on CNBS
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.
QE to infinity continues, don't believe what this banksters have to say.
Buy Silver, Take your Freedom back!
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.
What bankers want, bankers get.
"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!!!
Eject the cores! It's the only way to escape the black hole of debt.
coordinated action to do nothing
look at who's running those algos
Damn !
Let me get it straight:
so Italy, spain, france will print trillions and be bailing themselves out?
please....
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.
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...
No, dear, Germany would never have anyone print a new currency for them, that's why there still is the Bundesdruckerei ("federal print shop").
One would wish that were the case.
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.
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.
pkea said:
Well, technically, Kimberly-Clark will be doing the actual printing.
Buy EVERYTHING, ask questions later.
Hi!
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.
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.
everything's going to be just fine, have a nice weekend everyone!
Leaked rumor ramp by someone who expects a big down day on Monday. Nice! Maybe these guys are getting easier to read.
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.
Nobody expects the coordinated action!
Cue denial of coordinated G20 intervention in 4...3....2....1
Denial will come after the close when the robots are off.
Coordinated Action: We will pillage and rape. You will present your gold and women.
nobody, h_h!
the inception proves the rule, BiCheZ!
slewie the dur-den?
tyler nailed it
thingaB.U_T
now this mother0'rumorz and the money loves it!
fuue_the_k? L0L!!!
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.
The Bernank has to make his announcements before the market open on options-expiration Friday. Somebody is front-running the Bernank.
Nobody expects........
http://youtu.be/Tym0MObFpTI
The Spanish Inquisition!!!!!!Use the pointy side of the bills!
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.
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.
Who are these Gees minus Twenty everybody is referring to? A new rock band?
Nah, planetary cancer.
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.
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........
They also never say anything during the trading day. Hmmm. Someone is positioning for a short?
What happens Sunday?
We all go to church to pray...
Everyone prays.
Why not. They are preying on us!
Everyone prays, then Everyone Pays!
I'd prefer to Spray and Pray.
Greek and Egyptian Elections 2012, round 2.
I'm gonna smoke a butt and tend my garden. Beer is somewhere in there too...
An attempt to mitigate the reaction to an obviously coming negative election.
Bring it on!
That's why the Dow just jumped 100 in one SECOND.
Euphoria!!
and nobody will ever investigate into that jump:))) ahahahahahaha
this is better than any comedy channel
ONE second? Mortals and their rounding errors.
Already back down by half the original gain in less than 30 minutes. That's half a half-life, right?
I never knew rumors had so many mothers.
Look at that market rip. What a bunch of tools. I'm surprised PMs didn't get a big old boner on that news.
SELL ALL PM's - GET OUT - its gonna be ugly.
There are only 3 reasons I will sell my PMs.
The rest is noise just like your comment.
Man you guys are waaaaayy too easy.
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.
Buy a put at the top?
someone sold a lot puts and dont want to pay them. It has to be expired worthless.
lol @ entire market system
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
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.
and "Boom goes the dynamite"
funny thing....they will do a massive bailout sooner or later....LOL
Santa Claus is coming to town.
G20's making a list...checking it twice going to find out who needs $1t-$3T
"Coordinated action"
Must mean another conference with fine liquor, lobster, and hookers.
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...
Fokkers!
is this similar to "I'm coming.. I'm coming.."
Rally warning confirmed...
Significant equity / EURUSD upside & USDX retracement ahead.
http://www.zerohedge.com/news/2012-12-24/market-analysis
SPAM
somethingisrotten,
1.
you should learn to trade
2.
make $$$ and be happy
3.
don't be a troll
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.
Has Tony Robbins weighed in on this yet?
Speaking of Tony....
REDRUM! REDRUM!
http://www.youtube.com/watch?v=KH7_P-jmmmg
What is he, "The New Lenny Dykstra" or something?
Naz went from negative to 17 points in the black instantly on this. Gee guys, why not wait until after the close, like always?
Damn, where's Robo?
Busy buying Dollar shorts?
Look at silver go!!!!! up 3 cents.
SURPRISE!!!
http://www.youtube.com/watch?v=RBgmywljtaU
Over/Under on half life of this rally?
It's gonna be a gang bang.
THIS IS WHY I LOVE ZEROHEDGE....because low and behold they will be right!
Let's see what the half-life is on this one
Beat me to it...
Down by half already. That didn't take long.