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Next Leg Of The Ponzi Revealed - Foreign Central Banks To Begin Buying US Stocks Outright Starting Today

Tyler Durden's picture


We were speechless when we read this from Bloomberg.

The Bank of Israel will begin today a pilot program to invest a portion of its foreign currency reserves in U.S. equities.


The investment, which in the initial phase will amount to 2 percent of the $77 billion reserves, or about $1.5 billion, will be made through UBS AG and BlackRock Inc. (BLK), Bank of Israel spokesman Yossi Saadon said in a telephone interview today. At a later stage, the investment is expected to increase to 10 percent of the reserves.


A small number of central banks have started investing part of their reserves in equities. About 9 percent of the foreign- exchange reserves of Switzerland’s central bank were invested in shares at the end of the third quarter, the Swiss bank said on its website.


The investment will be made in equity index trackers and will include between 1,500 to 2,000 shares, among them stocks like Apple Inc. (AAPL), Saadon said.

More from Globes:

The Bank of Israel today began investing a small part of its $77 billion in foreign currency reserves in US stocks. The central bank's latest Markets Division report states that the new Bank of Israel Law (5770-2010) allows the Bank of Israel to make equity investments, and that it began to do so today.


The Bank of Israel will invest $1-1.5 billion in US stocks, 2% of its portfolio. The report adds that the Bank of Israel has been investing in public bodies in developed countries since 2010.


The Bank of Israel said that the investments in US stocks would be made through UBS AG (NYSE; SWX: UBS) and BlackRock Inc. (NYSE: BLK) The Bank of Israel's Markets Division, which specializes in bond investments, will not be handling the equity investments. It added that the traders will have very limited discretion, and that they may only quote leading indices, in order to reduce the risk.


"We have almost no exposure to countries with big problems. We constantly examine where we invest the foreign currency reserves, and I can promise you that you can relax," Governor of the Bank of Israel Prof. Stanley Fischer said at a closed conference in mid-January.


"The Bank of Israel does not disclose the currency composition of its portfolio, especially not the composition of its equity portfolio," says the Bank of Israel. At the January conference, Fischer said, "Imagine if we were to begin publishing where you invest, so when you stop buying the bonds of a particular country, and this is published, we'll get complaints. That is why we do not publish." He added, "We have an external committee that conducts the examinations. You can assume that we're aware to the fact that there are problems in certain countries."

In other words, while the Fed's charter forbids it from buying US equities outright, it certainly can promise that it will bail out such bosom friends as the Bank of Israel, the Swiss National Bank, and soon everyone else, if and when their investment in Apple should sour.

Luckily, this means that the exponential phase in risk is approaching as everyone will now scramble to frontrun central bank purchases no longer in bonds, but in stocks outright, leading to epic surges in everything risk related, then collapse and force the Fed to print tens of trillions to bail everyone out all over again, rinse repeat, until this chart becomes asymptotic. We say luckily, because it means that the long overdue systemic reset is finally approaching.

Chart: Diapason


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Thu, 03/01/2012 - 15:03 | 2213575 Mongo
Mongo's picture

Say after me: An AAPL

Thu, 03/01/2012 - 15:07 | 2213614 redpill
redpill's picture

They know it's March 1, not Apri1 1, right?

Thu, 03/01/2012 - 15:16 | 2213642 Ahmeexnal
Ahmeexnal's picture

makes sense. buy AAPL and wait for march 7th iPadHD party.
sell a couple days later and pocket a 25% gain.
so this is where all the printed money will be dumped....quite predictably, I might add.

Thu, 03/01/2012 - 15:20 | 2213711 Troll Magnet
Troll Magnet's picture

israel colluding with ben shalom to prop up the stock market?  you don't say!

Thu, 03/01/2012 - 15:30 | 2213752 Comay Mierda
Comay Mierda's picture

this isn't about propping up markets. this is about buying controlling interests in major companies with printed fiat bullshit.

All your companies are belong to us

Thu, 03/01/2012 - 15:33 | 2213782 GeneMarchbanks
GeneMarchbanks's picture

It is both. Election year means much optimism and as many back ups as possible. It also means an inflationary wave is coming.

Thu, 03/01/2012 - 15:42 | 2213822 Comay Mierda
Comay Mierda's picture

i am now thoroughly convinced we are going to see the MOTHER of all stock market crashes. then the central bank cartel will buy controlling interests in all major companies on the cheap.

All us little slaves will then TRULY be working for the man.

The revolt is near

Thu, 03/01/2012 - 15:53 | 2213890 fuzed
fuzed's picture

if they're smart they'll buy facebook and twitter, because that's how revolutions communicate these days.

Thu, 03/01/2012 - 15:55 | 2213891 fuzed
fuzed's picture

i swear i didnt intend to push enter twice

Thu, 03/01/2012 - 16:00 | 2213899 TruthInSunshine
TruthInSunshine's picture

I'm late to the party, but this is perfectly reasonable.

It's all an expansion of The Bernank's 'virtuous circle,' where the health of the fundamental economy is but a quibble, if not irrelevant.

It's not like central banks, that can print fiat at no cost, directly or indirectly pouring said fiat into equity markets, isn't consistent with fundamental principles of capitalism, or that central banksters can't still maintain that they aren't encouraging (or outright creating) asset class bubbles.

Now, central banksters are buying real estate (including their own buildings), sovereign bonds and equities! It's all fixed! There's more risk! Utopia!

I'm sure that this will have only beneficial consequences, near, intermediate and long term.



Thu, 03/01/2012 - 16:08 | 2213974 JW n FL
JW n FL's picture



Bernake Lends Against the Stock Purchases!

The Money is Rolled over into new Purchases of yet more stock!

The .25% that is paid on money barrowed?? that was raised from JUNK!! Collateral! to begin with? means NOTHING!!

Bernake Does NOT Need QE-3 outright where everyone can see it!

He has been printing every day of every week for YEARS! to push the market this much higher!


Now Bernake can Lend Money Against the Stock Purchased by Banks OUTSIDE! of the United States so that the Paper Trail will stop there..

 Who owns what?

 in what Country?


 Sorry Sheepeople! Looks Like the Ass Reaming with Conitue! the FED just Popped a 1,000,000,000,000,000 milligram Viagra!




Thu, 04/19/2012 - 10:36 | 2358215 engineertheeconomy
engineertheeconomy's picture

All that liquidity flowing overseas since Bernanke was elected has to go somewhere.

Prices 1 yr from now:

Gas - $100/gallon

Loaf of Bread - $40

Dozen eggs - $75

Rent on 3br - $10,000/month

And to think that TED NUGENT is the only one that has a problem with that? ? ?

Thu, 03/01/2012 - 16:38 | 2214246 DavidC
DavidC's picture


That made me smile!


Thu, 03/01/2012 - 16:49 | 2214332 TruthInSunshine
TruthInSunshine's picture



I meant to say "there's no more risk! Utopia" in the 2nd from last paragraph, since central fractional CTRL+P banksters are buying all asset classes.

Go long everything, and all the time!

Thu, 03/01/2012 - 17:02 | 2214423 Divided States ...
Divided States of America's picture

They learned from Madoff, its Ponzinomics 101....Ponzi collapses if theres no more sheeple to find to keep the cash flowing.

Thus, now you have the Jews abroad (Bank of Israel) and from the homeland (Larry Fink, Jim Cramer and three quarters of Wall Street) working together and cheerleading to save the day. It may all be just talk to lead the lemmings off a cliff.

You should all realize now that Jews dont usually do anything if it doesnt benefit them. This means the rest of us are royally screwed.

Fri, 03/16/2012 - 20:20 | 2263952 moonshadow
moonshadow's picture

when are all the ZHers who keep up the anti-Jew rhetoric gona cut that shit out and shut the F up?! bet some of you are the same types who would get all offended if someone said "those muslims" alluding to terrorism. both are pretty stupid but mine was closer to the truth and i dont see that bantered about. there are plenty of english and blacks and indians and gays and all kinds of other types of people who have been naughty players in the system so shut the hell up with the making it sound like all Jews!

Thu, 04/19/2012 - 10:51 | 2358281 engineertheeconomy
engineertheeconomy's picture

Are you the boy in the bubble?

Do you seriously believe it's only Zerohedgers that hate jews?

Several of my closest friends are Jewish, and even they don't like Jews.

So get over it already. You're either for evil bankers or you're against them like Hitler was.

If you already are a banker, you should probably just kill yourself.

Thu, 03/01/2012 - 16:01 | 2213931 pkea
pkea's picture

great point comay:)))) they didn't started investing yet: wait a year or so... ahahhhahahaha

Thu, 03/01/2012 - 17:00 | 2214414 Every Third Word
Every Third Word's picture

Twitter dude Jack Horsey Loves Gandhi yet bows to China, Iran and others when the limit Twitter. Jack, go back to smelling your own farts, at least you're only harming yourself. HYPOCRITE HORSEY!






CeNBeCowards and BloomBucks liars are all arrogant monkeys. They're coming for you, too.


Thu, 03/01/2012 - 16:12 | 2213998 earleflorida
earleflorida's picture

kinda like "Disney"?

Thu, 03/01/2012 - 16:26 | 2214127 AbruptlyKawaii
AbruptlyKawaii's picture

some shit is gonna hapen before march 5th wh zion summit, where this fits in i dunno

Thu, 03/01/2012 - 17:01 | 2214417 Oztralian
Oztralian's picture

does your family reunion include Fred Phelps and Harold Camping?

Thu, 03/01/2012 - 20:57 | 2215270 oldman
oldman's picture


All the little slaves have always 'worked for the man'. This is how human society is organized.

What we are talking about now is the mother of all fascism.

This market will now do exactly what the machine wants it to do and there will be none of our silly shit called insider trading except for those can read the market well enough to outplay the machine; they WILL be jailed as insider trading terrorists.

The mother of all crashes? I hardly think so---all the money, all the guns, all the law, all the all-------

And we have seen it for the last several years in socks and bombs-----and now so brazenly in pms and currencies---'they' are screaming 'fuck you slaves' so loudly that it is a joke.

Tell me, Little Man, what are you going to do except what you are told?

Comay, it is time to get serious, put down all of our words and quietly focus our energy on change-----------war afainst the 'little slaves' has been declared and it will not be won in the markets, but in the streets with heavy losses of life.

I hope you are ready for this because you have no choice       om

Tue, 05/29/2012 - 20:40 | 2473873 jerry685
jerry685's picture

I believe you have it right...

there is going to be a fire sale....

Digital dollars can disappear way faster then money under the mattress...

Real folding money is dissapearing....or piling up at central banks


Draw the money supply down ..and make them hollar...

Then the people will extend their charter.....Unfed strikes again



Thu, 03/01/2012 - 16:16 | 2214027 Caviar Emptor
Caviar Emptor's picture

I was just saying it again this morning: market is just a proxy for monetary expansion. 

Am I hot or what? :-)

Thu, 03/01/2012 - 21:16 | 2215330 Uchtdorf
Uchtdorf's picture

Point of clarification: Bibi doesn't want to help Obummer. But Bank of Israel wants to help The Bernanke. The Bernanke probably keeps his job if Oblahblah is Prez, not so if Ron Paul wins (a girl can dream, can't she?).

Thu, 03/01/2012 - 16:56 | 2214387 rufusbird
rufusbird's picture

RE: "

this isn't about propping up markets. this is about buying controlling interests in major companies with printed fiat bullshit. All your companies are belong to us."

We're going to find out what it is like to be Chinese!

Thu, 03/01/2012 - 17:35 | 2214642 rufusbird
rufusbird's picture

"I am a Zionist"

Say it isn't so Joe...


Thu, 03/01/2012 - 18:44 | 2214911 NeoRandian
NeoRandian's picture

Wouldn't be surprised if a great deal of financial shenanigans have occurred specifically to wreck AAPL. A covert Jew roommate of mine is always defaming AAPL and saying things like they are fools for holding on to so much cash, that they should be over leveraged like every other sensible, bank controlled corp.

Well what are they going to do with all that money? They are already number 1 with no signs of stopping. AAPL is the new god of man, not the state. The central banks will do anything they can to take a controlling interest in AAPL and then ruin in.

Thu, 04/19/2012 - 10:45 | 2358258 engineertheeconomy
engineertheeconomy's picture

AAPL can be likened to the magnificent Redwood Tree.

Grows straight up faster than any other. Then, when it finally comes crashing down, it takes out everything in it's path.

I wouldn't build a house under a Redwood Tree

Thu, 03/01/2012 - 20:39 | 2215221 MrSteve
MrSteve's picture

Every excuse to blame Israel will be exploited on this website, by the incredible tough guys of the internet who refuse to use their real names. They're so brave, they hide behind false names and spread lies because they can.

The wolves are wolves all over the world; without them the sheep would over run the planet. I notice there are fewer sheep and even fewer wolves where ever history is studied. C.M. here has a good grip on history and current events. Follow the fiat money.

Thu, 03/01/2012 - 21:03 | 2215287's picture

Did your parents really name you MrSteve?

Thu, 03/01/2012 - 21:05 | 2215292 NumberNone
NumberNone's picture

That's Mr. MrSteve to you...

Thu, 04/19/2012 - 10:55 | 2358301 engineertheeconomy
engineertheeconomy's picture

That's Mr. MrSteve Jew

There I fixed it lol

Thu, 03/01/2012 - 20:40 | 2215225 NumberNone
NumberNone's picture

We were warned.   Laurence 'Larry' Fink said yesterday in WSJ  to buy stocks.  In fact the title of the article is 'Why BlackRock's CEO is So Bullish'...I think we know why now.  The whole article is creepy in light of the fact that CB's are now propping up the market.  Reminds me of Lucy asking Charlie Brown to kick the football. 

Thu, 03/01/2012 - 21:32 | 2215377 Reptil
Reptil's picture


corporatism, straight from a Mussolini playbook.

Thu, 03/01/2012 - 22:54 | 2215566 WmMcK
WmMcK's picture

Congrats on what may be a record for up arrows!

Thu, 03/01/2012 - 15:31 | 2213763 Conrad Murray
Conrad Murray's picture

I wonder if this sort of thing would need some approval from the top of the administration? Any Zionists milling about the White House?

Oh hey, there is! Vice Traitor, Joe "I am a Zionist" Biden.

Thu, 03/01/2012 - 16:14 | 2214007 john39
john39's picture

if only it was just Biden... I think it would be far easier to list those who are not zionists...  

Thu, 03/01/2012 - 19:51 | 2215103 Cathartes Aura
Cathartes Aura's picture

don't forget Lie-brrrrr-man!  his name crops up with the most egregious shit. . .

Thu, 03/01/2012 - 15:40 | 2213813 oogs66
oogs66's picture

We would certainly have to protect them if they incest in us.

Thu, 03/01/2012 - 16:47 | 2214321 hidingfromhelis
hidingfromhelis's picture

Freudian slip?  As they say, "If you can't keep it in the pants, at least keep it in the family."  Who needs to be protected from whom is a whole 'nother matter.

Thu, 03/01/2012 - 21:06 | 2215295's picture

A Freudian slip is what Siggy's wife stripped down to help him knock the ash off of his cigar.

Thu, 03/01/2012 - 15:53 | 2213888 WryObserver
WryObserver's picture

This is just a dumb racist attack. It has no place on a forum where people actually think.

Thu, 03/01/2012 - 16:17 | 2214033 toothpicker
toothpicker's picture

What's race got to do with it? You're the only one talking about race. Are you a racist? Racist!!!

Thu, 03/01/2012 - 16:42 | 2214278 WryObserver
WryObserver's picture

It's just another attack on Jews and Israel. That is most certainly racist, not to mention irrelevant.

This story is about our Fed causing other central banks (plural, get it) including Switzerland to buy U.S. stocks in order to prop up our stock market. They can't do it themselves by charter, so they have gathered proxies to do it.

It would be lovely to have some more intelligent discussion about that.

Thu, 03/01/2012 - 17:50 | 2214719 toothpicker
toothpicker's picture

The attack is certainly not on Israel in this case: US taxpayer money goes to Israel as "aid". The money flows back to US equities (banks). After this money shuffle it's not hard to guess where US military support will go (not that it was beforehand either...)

Thu, 03/01/2012 - 20:10 | 2215154 brokenclock
brokenclock's picture

This was the plan all along. First have central banks print fiat paper to save the bankers/jooze.  Then in return we launch attacks against iran while they buy up the stock market with our/taxpayer money. So simple but highly effective. 


Everyone sing now,,,,,,,,, The Wheels on the bus go round and round...round and round...

Thu, 03/01/2012 - 17:58 | 2214754 TIMMAYYY
TIMMAYYY's picture

Please post a link to sciEntific evidence that supports your claim that the Jews are a race....

Thu, 03/01/2012 - 18:58 | 2214954 FeralSerf
FeralSerf's picture

The Jooze are IN a race to steal all of Planet Earth's resourses and assets.

Rabbi Yaacov Perin also announced at Baruch Goldberg's funeral that "One million Arabs are not worth a Jewish fingernail."

“Our race is the Master Race. We are divine gods on this earth. We are as different from the inferior races as they are from insects. In fact, compared to our race, other races are beasts and animals, cattle at best. Other races are considered as human excrement. Our destiny is to rule over the inferior races. Our worldly wise kingdom will be ruled by our leader with a rod of iron. The masses will lick our feet and serve us as our slaves.” — Israeli Prime Minister Menachem Begin (1977-1983) in a speech to the Knesset [New Statesman Magazine June 25 1982]

"By way of deception, thou shalt do war." -- Ha Mossad, le Modiyn ve le Tafkidim Mayuhadim

"I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain's money supply controls the British Empire, and I control the British money supply." Nathan Mayer Rothschild

“Every time we do something you tell me America will do this and will do that . . . I want to tell you something very clear: Don't worry about American pressure on Israel. We, the Jewish people, control America, and the Americans know it.” ---Ariel Sharon, October 3, 2001 PIA (2001). From a monitored news broadcast of Yid Israel radio. Oct. 3.

"Non-Jews were born only to serve us. Without that, they have no place in the world-only to serve the People of Israel," ........"This is his servant...That's why he gets a long life, to work well for this Jew."......"why are gentiles needed? They will work, they will plow, they will reap; and we will sit? like an effendi (master) and eat."........ "That is why gentiles were created." -- Israeli (former chief) Rabbi Ovadia Yosef 10/18/2010 (radio speech in Israel)

Thu, 03/01/2012 - 20:05 | 2215142 Lednbrass
Lednbrass's picture

I have to say, that Rabbi Yosef thing was pretty surprising, I cant believe he said it publicly.  That he is one of the foremost religious authorities in all of Israel says alot, he wasnt making it up- merely repeating what their law says.

Thu, 03/01/2012 - 19:47 | 2215090 WryObserver
WryObserver's picture

Would you feel better about the words prejudiced, biased, or hate mongering?

By the way, I am not Jewish.

Any way you slice it is scapegoating from the real issue: a government that is not working for the benefit of the majority of people in this country.

It is tyranny, tyranny I say. 

Thu, 03/01/2012 - 23:09 | 2215635 Bringin It
Bringin It's picture

Why is it prejudiced, biased, or hate mongering to speak the truth.  What are you explicit objections? 

This attention paid to the Talmud came about from you and your Zino-friends cherry picking the Koran for material like the 72 virgins story.  In hindsight, given all the skeletons in the Talmudic closet, it looks like you would have been better off if you kept your collective mouth shut.

By the way, I am not Jewish.  I see you're just another Goyim, born with a hard-on for Isralis.  Thank you for making the requisite disclaimer.  Now we all believe you.

Thu, 03/01/2012 - 23:55 | 2215777 4horse
4horse's picture

It is tyranny, tyranny I say.

you've named the tune, now name the tyrants

.  .  .




a government that is not working for the benefit of the majority of people in this country is working for who

Thu, 03/01/2012 - 20:05 | 2215146 samwell
samwell's picture

Wrong!  it is an attack on assholes who don't respect human life other than their own.  Zionism is racism.  Look up the founder Hertzel.  He was an avowed racist.  Israel is the culmination of the zionist dream(nightmare for the palestinians, lebanese, Iraqis, Iranians, Jordanians, Syrians).  Israel refuses to sign the NNPT and has attempted to sell nuclear bombs to South Africa( another former apartheid state).  Does that sound like hateful attacks  on jews and Isarael MORON ?  I guess you think it is just fine and dandy to sell nuclear bombs to other countries.  In case you were wondering, selling nukes or nuke material is against the NNPT.  Water carrying apologists for israel and the jews will get what they deserve one day.  do your research instead of yelling "fire" in the theatre..  not very "wry" observer.

Thu, 03/01/2012 - 23:13 | 2215645 Bringin It
Bringin It's picture

samwell - Co-developed N-bomb with South Africa.  Google Bouvet Island.

Fri, 03/02/2012 - 00:08 | 2215800 4horse
4horse's picture

bringinit -owns South Africa and always has: gold. diamonds.mines.dynamite.apartheid, from abramoff to the transvaal to ziozululand, all of it



don't google anything

Fri, 03/02/2012 - 01:28 | 2215919 Bringin It
Bringin It's picture

Good point, but Bouvet is interesting.  It's where the Israelis and SA's tested their joint nuke.

Go way SW from Capetown and it looks like a giant iceberg far way from everything.

Thu, 03/01/2012 - 17:52 | 2214730 JW n FL
JW n FL's picture




What's race got to do with it? You're the only one talking about race. Are you a racist? Racist!!!


You Goy Slaves should ALL! know your place better than to ask questions like

"How can Israel Afford to Invest Money in America when America is Providng Israel with Billions Upon Billions in Aide Relief"???????

You Fucking Goy Slaves better shut up!

Thu, 03/01/2012 - 23:26 | 2215659 Bringin It
Bringin It's picture

JW - you're on a roll today.  Thanks.

This is the most amazing question -

"How can Israel Afford to Invest Money in America when America is Providng Israel with Billions Upon Billions in Aide Relief"???????

They have a miniscule debt per capita compared to Amerika, yet we have to borrow from China to hand it to Israel?????

Israel has to try to prop up the US stock market or loose the Ponzi, their Golem protector. 

Thu, 03/01/2012 - 18:45 | 2214917 NeoRandian
NeoRandian's picture

zionism has nothing to do with racism. the jews are not a race. and the zionists certainly aren't.

Thu, 03/01/2012 - 20:13 | 2215165 samwell
samwell's picture

do your research pal.  Zionism is by its very nature a racist, hate-filled ideology dedicated to subjugating non -jews to second rate living conditions much as blacks were in the US.  Your ignorance is appalling.  I guess you have never been to the holy land of israel to witness what the zionist jews do to the goy.  I guess that apartheid wall doesn't really exist either.  it is all in the Palestinians heads right?  Ever heard that Israeli muslims are not allowed to marry Israeli Jews?  The reality is that most of the jews of jews of israel behave as if they are a racial group even though they are not.  if you ask most israelis if they are decendants of the ancient hebrews, they will respond in the affirmative.  

Thu, 03/01/2012 - 21:14 | 2215324's picture

You don't shoot very tight groups, do you?

Thu, 03/01/2012 - 23:29 | 2215703 Bringin It
Bringin It's picture

I think he's right on target.

Maybe the targets are so big and obvious, they're easy to hit ... Like the emporer without his clothes.

Thu, 03/01/2012 - 23:40 | 2215739's picture

So you believe that his "friendly" fire against someone who said that criticizing Israel is not racist was a good thing? I call that blasting at anything that moves. Not a good idea to be in his squad.

Fri, 03/02/2012 - 01:32 | 2215925 Bringin It
Bringin It's picture

Crockette - I don't even understand this - sorry So you believe that his "friendly" fire against someone who said that criticizing Israel is not racist was a good thing?

Fri, 03/02/2012 - 01:55 | 2215959's picture

All you have to do is read the posts. Samwell attacked NeoRandian for telling WryObserver that he was wrong to say that it's racist to criticize Zionism.




Vote up!

Vote down!


This is just a dumb racist attack. It has no place on a forum where people actually think.




Vote up!

Vote down!


zionism has nothing to do with racism. the jews are not a race. and the zionists certainly aren't.



Vote up!

Vote down!


do your research pal.  Zionism is by its very nature a racist, hate-filled ideology dedicated to subjugating non -jews to second rate living conditions much as blacks were in the US.  Your ignorance is appalling.  I guess you have never been to the holy land of israel to witness what the zionist jews do to the goy.  I guess that apartheid wall doesn't really exist either.  it is all in the Palestinians heads right?  Ever heard that Israeli muslims are not allowed to marry Israeli Jews?  The reality is that most of the jews of jews of israel behave as if they are a racial group even though they are not.  if you ask most israelis if they are decendants of the ancient hebrews, they will respond in the affirmative. 

Fri, 03/02/2012 - 05:56 | 2216214 Bringin It
Bringin It's picture

Like we say around here - Krap pom.

I see it now.  I almost got hit like that in basic.

Thu, 03/01/2012 - 16:22 | 2214097 SMG
SMG's picture

The world's central banks are controlled by the Luciferian Illuminati not people of Jewish Faith.

Thu, 03/01/2012 - 18:02 | 2214765 Disenchanted
Disenchanted's picture

Some of the top Luciferian Illuminists hide behind the skirts of they can shout antisemite from the rooftops.

Thu, 03/01/2012 - 18:09 | 2214787 TIMMAYYY
TIMMAYYY's picture hide from controversy as Kennedy said...

The fucking elite and their proxys....people fall for it every time...

The elite have no religion....we are conditioned fools...

Divide and conquer....wolf in sheeps clothing

Fri, 03/02/2012 - 00:16 | 2215819 4horse
4horse's picture

illuminazi: yet another ongoing intelop

fallback position


fall for it

Fri, 03/02/2012 - 08:34 | 2216252 Disenchanted
Disenchanted's picture





Actually instead of "Luciferian Illuminists" my personal preferred term is Archontic Agents of Deception.


Archons - authorities, rulers


But I said, "Sir, teach me about the faculty of these authorities - how did they come into being, and by what kind of genesis, and of what material, and who created them and their force?"


And the great angel Eleleth, understanding, spoke to me: "Within limitless realms dwells incorruptibility. Sophia, who is called Pistis, wanted to create something, alone without her consort; and her product was a celestial thing. A veil exists between the world above and the realms that are below; and shadow came into being beneath the veil; and that shadow became matter; and that shadow was projected apart. And what she had created became a product in the matter, like an aborted fetus. And it assumed a plastic form molded out of shadow, and became an arrogant beast resembling a lion. It was androgynous, as I have already said, because it was from matter that it derived.


Opening his eyes, he saw a vast quantity of matter without limit; and he became arrogant, saying, "It is I who am God, and there is none other apart from me". When he said this, he sinned against the entirety. And a voice came forth from above the realm of absolute power, saying, "You are mistaken, Samael" - which is, 'god of the blind'.


And he said, "If any other thing exists before me, let it become visible to me!" And immediately Sophia stretched forth her finger and introduced light into matter; and she pursued it down to the region of chaos. And she returned up to her light; once again darkness [...] matter.


This ruler, by being androgynous, made himself a vast realm, an extent without limit. And he contemplated creating offspring for himself, and created for himself seven offspring, androgynous just like their parent. And he said to his offspring, "It is I who am god of the entirety."


And Zoe (Life), the daughter of Pistis Sophia, cried out and said to him, "You are mistaken, Sakla!" - for which the alternative name is Yaltabaoth. She breathed into his face, and her breath became a fiery angel for her; and that angel bound Yaldabaoth(aka YHWH, Jehovah, God) and cast him down into Tartaros below the abyss.


quote from:

The Nag Hammadi Library

The Hypostasis of the Archons
(The Reality of the Rulers)
Thu, 03/01/2012 - 16:13 | 2214000 jekyll island
jekyll island's picture

Make volatility your friend.  Buy VIXY under $50, sell when it hits $100.  Rinse, wash, repeat.  Oh, buy metals too, bitchez. 

Thu, 03/01/2012 - 17:01 | 2214415 AbruptlyKawaii
AbruptlyKawaii's picture

why the fuk would anyone outside of hyderabad or nairobi buy gap shit? even when i worked AT the Gap they had to FORCE me ( it was POLICY) to buy their crap to work (i only got the shit off the discount rack!)!

Thu, 03/01/2012 - 15:14 | 2213669 Manthong
Manthong's picture

At least they will no longer be able to deny the death of free market capitalism and its replacement with state capitalism.

Thu, 03/01/2012 - 15:16 | 2213692 Conrad Murray
Conrad Murray's picture

If only.

Thu, 03/01/2012 - 15:28 | 2213747 Manthong
Manthong's picture

And how long before AAPL is systemically important... TBTF?

Thu, 03/01/2012 - 15:42 | 2213823 redpill
redpill's picture

2 months ago.

Thu, 03/01/2012 - 16:33 | 2214191 Manthong
Manthong's picture

And what happens when every outfit in the RUT has channels stuffed like GM?

Thu, 03/01/2012 - 17:34 | 2214640 grid-b-gone
grid-b-gone's picture

China is rolling out its 4G network now. It is expected to cover much of the country by late-2014. At that point, they'll be one iPhone knock-off away from taking the first 20% of Apple's market.

Thu, 03/01/2012 - 18:51 | 2214932 NeoRandian
NeoRandian's picture

AAPL is already systemically important. The idea behind this fabricated economic disaster is to suck the people dry so the elite central bankers can buy everything for pennies. AAPL is the only corp not playing along to the recession song. Now the banks are creating new schemes to buy AAPL straight up, only it can and probably will use its war chest to buyback its outstanding shares. 

Thu, 03/01/2012 - 15:18 | 2213706 john39
john39's picture

ponzi protection team...    they are printing the money anyway, so why not?

Thu, 03/01/2012 - 15:53 | 2213887 HarryM
HarryM's picture

Besides , 7.7 billion is shoe shine money

Thu, 03/01/2012 - 16:18 | 2214031 TruthInSunshine
TruthInSunshine's picture

Given that this is rational, appropriate and will lead to more employment and far more robust economic fundamentals </2nd biggest sarc of my life>, my only qualm is that we should all be able to conjure up fiat at no cost, so that we can get in on the action.

That way, if this succeeds, there won't be any losing positions or need for market makers anymore, and we'll all be wealthy (thus suspending the theory of relativity & teaching Jesus that the poor, in fact, will not always be amongst us), and if this bold experiment fails, the fiat we didn't lose anything since we 'bought in' with conjured up at no cost fiat. </biggest sarc of my life>

Thu, 03/01/2012 - 16:29 | 2214151 john39
john39's picture

well no, we all know that is not how it works... you need to be "chosen" for the honor of printing money with a license....   where do you apply?  down at Louis Cipher's office....

Thu, 03/01/2012 - 15:16 | 2213681 FL_Conservative
FL_Conservative's picture

That's what happens when sovreign debt is viewed as a crapshoot.

Thu, 03/01/2012 - 15:16 | 2213693 JPM Hater001
JPM Hater001's picture

Hey guys, as the dow drops once again 13000 I have to finish this last one but I cant function like this...

Thu, 03/01/2012 - 15:18 | 2213703 eatthebanksters
eatthebanksters's picture

Sounds likea time table for going after Iran's nukes...time will tell...

Thu, 03/01/2012 - 15:30 | 2213762 tmosley
tmosley's picture

Every day is April 1!

Thu, 03/01/2012 - 21:16 | 2215331's picture

April is the cruelest month.

Thu, 03/01/2012 - 15:50 | 2213874 dark pools of soros
dark pools of soros's picture

not either, it's Apple 1st

Thu, 03/01/2012 - 18:18 | 2214820 Nascent_Variable
Nascent_Variable's picture

The fiat human centipede just keeps getting longer.  Gotta love it.

Thu, 03/01/2012 - 19:59 | 2215126 brokenclock
brokenclock's picture

Here is where they create the frenzy to try and get mom and pop back into the market. There too stupid to realize they are already  broke. With 30% of all mortgages underwater on a national level. Food inflation and high gas prices. Banks having their ass puckered with little to no lending.  They probably think we all have a printing press. This should be interesting to see what happens.

I'm very light first tier in my short positions.


Thu, 03/01/2012 - 21:32 | 2215374 midtowng
midtowng's picture

This makes perfect sense to me. Well, at least as much sense as defaulted subprime mortgages.

Thu, 03/01/2012 - 15:08 | 2213626 Conrad Murray
Conrad Murray's picture

Maybe Jihadists will start to bomb Apple stores now. Oh the hipstermanity!

Thu, 03/01/2012 - 15:33 | 2213779 mirac
mirac's picture

"hipstermanity"  I like

Thu, 03/01/2012 - 16:06 | 2213959 GeneMarchbanks
GeneMarchbanks's picture

Half hipster, half manatee but fully unstoppable. Hipsters are the most devout worshippers at the iChurch.

Thu, 03/01/2012 - 20:03 | 2215137 Cathartes Aura
Cathartes Aura's picture

cruel to manatees! who are in fact, quite gentle creatures. . .

hipstermanity = hipster-Man-in-Tee(shirt), 'cause we know all hipsters love their iToys, AND their Tshirt sloganeering!

Thu, 03/01/2012 - 23:32 | 2215715 Bringin It
Bringin It's picture

re. Maybe Jihadists will start to bomb Apple stores now.

Is there a Starbucks left standing in Athens?  Anybody know?

Thu, 03/01/2012 - 15:10 | 2213641 GeneMarchbanks
GeneMarchbanks's picture


Thu, 03/01/2012 - 15:17 | 2213697 maxmad
maxmad's picture

So if Israel is buying our stocks, that means we have to back them on the attack of Iran!  Unless of course, Iran agrees to buy more than Israel, then we'll back them!

Thu, 03/01/2012 - 16:25 | 2214124 toothpicker
toothpicker's picture

"The $3.075 billion in aid granted to Israel would remain intact under the 2012 State and Foreign Operations Act, Chairman of the House of Representatives' Appropriations Committee, Rep. Hal Rogers said in a joint statement with Rep. Kay Granger, chairwoman of the foreign operations subcommittee of Appropriations."

Thu, 03/01/2012 - 23:35 | 2215724 Bringin It
Bringin It's picture

I just read congress-critters guarenteed delivery thru 2018.

Thu, 03/01/2012 - 18:10 | 2214793 JPM Hater001
JPM Hater001's picture

It's a 2-fre.

Buy Stock Market get our Military Intervention for free!

Thu, 03/01/2012 - 15:31 | 2213756 pkea
pkea's picture

didn't markets reached all times high equivalent of 20k dow and brought hyperinflation to the weimar republic in the late 1920s?...

Thu, 03/01/2012 - 15:37 | 2213801 pkea
pkea's picture

this chart is as close to paranoia as it can get:)

Thu, 03/01/2012 - 15:56 | 2213907 twinsdad
twinsdad's picture

Big Brother is a fictional character in George Orwell's novel Nineteen Eighty-Four. He is the enigmatic dictator of Oceania, a totalitarian state taken to its utmost logical consequence – where the ruling Party wields total power for its own sake over the inhabitants.

In the society that Orwell describes, everyone is under complete surveillance by the authorities, mainly by telescreens. The people are constantly reminded of this by the phrase "Big Brother is watching you", which is the core "truth" of the propaganda system in this state.

All funded by AAPL...

Thu, 03/01/2012 - 16:49 | 2214338 johnQpublic
johnQpublic's picture

was fictional

Thu, 03/01/2012 - 17:08 | 2214484 viahj
viahj's picture

ironic isn't it that AAPL's first commercials were showing the indpendent thinker raging against big it's AAPL that seeks to control all information, if they can beat GOOG to that end.

Thu, 03/01/2012 - 23:36 | 2215730 Bringin It
Bringin It's picture

Ipads Iphones are always transmitting your co-ords.  Unless you take out the battery.

Thu, 03/01/2012 - 15:56 | 2213908 MassDecep
MassDecep's picture

Buy like the crooks, invest in BP. Oil going through the roof.

Thu, 03/01/2012 - 16:42 | 2214284 stocktivity
stocktivity's picture

I have to will be interesting to see who will be there to buy Apple once the selling starts. When the programs say "sell" .....look out below!

Thu, 03/01/2012 - 16:50 | 2214343 Spigot
Spigot's picture

So, another take on this is that sovereign nations are now using their worthless Forex $$ reserves, funneled through "investment firms" to private equity holders who are trying to flee their equities positions, to buy off US political and corporate interests to give them (those nations) a nod to decimate their mortal enemies.

Am I getting that correctly?

Thu, 03/01/2012 - 17:37 | 2214655 LongSoupLine
LongSoupLine's picture

Can't wait to see William B.'s photoshop project on this one...

Thu, 03/01/2012 - 17:37 | 2214656 walküre
walküre's picture

Israel invests in HAL and a few defense contractors.

They're pushing the US into war with Iran. They're making the war loans to the US (and probably Iran), then they invest strategically into the war machine.

In the end, they're coming out on top.

Scheisse schwimmt immer oben.

Thu, 03/01/2012 - 22:09 | 2215446 Buck Johnson
Buck Johnson's picture

This is getting to the point of desperation, thats for sure.  We may not last past this years presidential election.  The way things are going this summer may be the point where it all implodes.

Thu, 03/01/2012 - 15:02 | 2213576 Gubbmint Cheese
Gubbmint Cheese's picture

Fuck me this is getting old...



Thu, 03/01/2012 - 15:05 | 2213600 Divided States ...
Divided States of America's picture

Oh for sure US equities are a much bigger bargain at these levels than PMs....after a 20% run-up in 2 months.

Thu, 03/01/2012 - 15:08 | 2213621 SheepDog-One
SheepDog-One's picture

DOW 13,000, AWESOME bargain! 

LOL theyve got to be idiots buying this shit, I dont even believe it.

Thu, 03/01/2012 - 15:17 | 2213694 Sophist Economicus
Sophist Economicus's picture


Thu, 03/01/2012 - 15:30 | 2213758 Cursive
Cursive's picture


BOJ has had explicit authority to buy stocks and stock futures for decades and look how well it worked for the Nikkei.

Thu, 03/01/2012 - 15:37 | 2213800 GeneMarchbanks
GeneMarchbanks's picture

It's called life-support and isn't really applicable here since this is international and just massive pooling of funds for one last binge.

Thu, 03/01/2012 - 16:39 | 2214254 Smiddywesson
Smiddywesson's picture

Argentina collapse, stock market ramped

Zimbabwe collapse, stock market ramped

The USD is collapsing, and the stock market is ramping

What's not to believe?

Thu, 03/01/2012 - 15:42 | 2213819 Instant Wealth
Instant Wealth's picture

They didn't mention, which sort of index trackers. The short trackers would be the better investment, when certain military scenarios become reality.

Thu, 03/01/2012 - 16:16 | 2214023 Cruel Aid
Cruel Aid's picture

The last time we hit 13K DOW, the debt was less than half of the current debt. It is different this time.

That was way back in 2007!

Thu, 03/01/2012 - 15:06 | 2213606 Fluffybunny
Fluffybunny's picture

Ten fucking percent of central bank reserves in Corporate Stock?

What the flying fuck?

Thu, 03/01/2012 - 15:21 | 2213717 knukles
knukles's picture

Hah ha ha ha ha ha
"Who gives a fuck?" says the central banker, "If things go to hell there's always the taxpayer to back stop our bonus pool."

Long live the New World Order

Thu, 03/01/2012 - 15:31 | 2213765 john39
john39's picture

its not unreal... it simply isn't real.  its a giant con set up to ensure global control.   and with this move, even idiots should be able to grasp who some of the main players are.

Thu, 03/01/2012 - 16:22 | 2214096 Rainman
Rainman's picture

They should be in 100% like Larry the Fink says !

Thu, 03/01/2012 - 17:12 | 2214530 rufusbird
rufusbird's picture

This can't happen here can it?

Saudi Arabia Stock Market
The SASEIDX, a major stock market index which tracks the performance of large companies based in Saudi Arabia, had a low of 5709.91 points in March of 2011, after reaching an historical high of 20634.86 points in February of 2006

Thu, 03/01/2012 - 15:03 | 2213580 battle axe
battle axe's picture

This will not end well....

Thu, 03/01/2012 - 15:08 | 2213616 Eisenhorn
Eisenhorn's picture

Actually, that's because it will NEVER end.

They just announced how the next 20 years of the ponzi will be managed.

You thought they could levitate markets before??  Ha!

DOW 20K is on the way.

Thu, 03/01/2012 - 15:14 | 2213665 Race Car Driver
Race Car Driver's picture

> DOW 20K is on the way.

DOW's going to 36K - 20K will get you a tank of gas.

Thu, 03/01/2012 - 15:26 | 2213739 SheepDog-One
SheepDog-One's picture

Same shit everyone was saying when they propped this bubble up last time to 14,000...this pig is set to implode soon. 'DOW 36,000' my ass.

Thu, 03/01/2012 - 15:33 | 2213784 Race Car Driver
Race Car Driver's picture

Right. We can agree on the tank of gas, then?

Thu, 03/01/2012 - 15:40 | 2213814 SheepDog-One
SheepDog-One's picture

Yep, IF you have a govt permission coupon for 5 gallons of gas that is.

Thu, 03/01/2012 - 16:53 | 2214369 hidingfromhelis
hidingfromhelis's picture

Long mopeds

Thu, 03/01/2012 - 15:16 | 2213684 T-roll
T-roll's picture

I agree.  Many of us truly underestimate the Dark Side of the Force. 

TPTB have turned can-kicking into an artform.

Thu, 03/01/2012 - 17:24 | 2214592 TruthInSunshine
TruthInSunshine's picture

They've actually turned it into a purely psychological experiment and exquisitely tuned confidence game, but yes...yes...I agree with your fundamental point.

Thu, 03/01/2012 - 15:16 | 2213685 Commander Cody
Commander Cody's picture

Uber bullish.  Everyone all in!

Thu, 03/01/2012 - 15:15 | 2213677 Sophist Economicus
Sophist Economicus's picture

Oh yes it will...depends on what outcome you're looking for   ;)

Thu, 03/01/2012 - 20:05 | 2215145 DosZap
DosZap's picture

Why would a solvent Soverign(how many are left?), invest in something guaranteed to fail?.

Do they have a suicide pact?.

Their murdering us outright,but we're just mutants to the ELITE,and long ago the plan was laid down to flush 50-75% of us off the map.

The only thing I can see here at work is Blackmail, and another(one more) way to extend Kick the Can and Pretend.


Thu, 03/01/2012 - 15:09 | 2213586 Silver Dreamer
Silver Dreamer's picture

They'll do whatever it takes.  Also, as painful as the reset will be, I welcome it.  What concerns me is what happens afterwards.

Thu, 03/01/2012 - 15:16 | 2213679 flacon
flacon's picture

What comes afterwards is one of two things: 


1. Total Slavery, or

2. Total Freedom

Thu, 03/01/2012 - 15:18 | 2213702 TradingJoe
TradingJoe's picture

3. Total Chaos and Anarchy!

Thu, 03/01/2012 - 15:21 | 2213715 Sophist Economicus
Sophist Economicus's picture

4.   Followed by a huge Mazzolla party

Thu, 03/01/2012 - 16:44 | 2214286 Smiddywesson
Smiddywesson's picture

5.  Total canibalism, hence the reprint of the cookbook, To Serve Man

Thu, 03/01/2012 - 18:17 | 2214811 grid-b-gone
grid-b-gone's picture

Grandma's cookbook takes on a whole notha' meaning.

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