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Next Leg Of The Ponzi Revealed - Foreign Central Banks To Begin Buying US Stocks Outright Starting Today
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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spanning two decades with green
burning the fiat and keeping the gold
BULLISH !
BURRISH! CHOP CHOP
good night gentlemen
and lets keep it civilized here shall we?
you know what - when I'm stoned I don't give shit for any of this.
I was just telling to one broker this morning that the only thing left for central banks was to buy equities directly and tell everybody to frontrun. Amazing that I am reading this now....We are doom.
I was just telling to one broker this morning that the only thing left for central banks was to buy equities directly and tell everybody to frontrun. Amazing that I am reading this now....We are doom.
oh yeah, i had to write this:
about wellink again
I think his essential problem is the difficulty in distinguishing exceptions and rules in the draft of Basel 4. Man is that set of regulations going to be a nightmare understanding
....
yes, nobody will dare question it. And in an alchemical process capital will be conjured up
"Yes we can!"
....mmmmmmm.....
and then they'll set off the new fountain on top of BIS headquarters
http://www.bis.org/about/buildings.htm
Ponzi: The perfect drug...
More addicting than heroin, just one dose and your hooked for life.
Ponzi and fiat were made for one another like facebook and IPO's or cops and donuts.
Central banks getting into the stock game lol ok the regulators are impotent when Goldman sachs, hedges 1percenters manipulate stock prices and data......what the fuck do you think the regulators will do when testate of Israel decides to manipulate a stock price just so they can exit at profit? Lol
Fu k this world...pecking order will be maintained and the fuckers on top are pretty much guaranteeing that they will stay on top...
Whew! Can we party like its 1999 again? Bring back Pets.com and all of the stupid Web business that have no chance of turning a profit!
Another forum destroyed by the 'little people'. Look the pornographers were not the first group who discovered the INTERNET---your ARYAN bother was along with his pals in ME(they discovered the INTERNET too.) These types are like cockroaches(there is always more than one), they've been posting the same shit since mid 1990s on financial boards: Khazars, Stalin killed 2 billion Christians, Germany was justified in attacking the Soviet Union, because the Bolsheviks were planning a sneak attack, who's Jew who is not, AIPAC up your ass etc. The end game is always the same--DEATH OF THE BOARD.
Hey you stupid NAZIs and anti-Jew midget brains, if Jews are Khazars and not Jews, why do you always agitate against Jews?. So Jews are ARYANS. I'll be damn....knew it all along.
So, buy AAPL? Shut the fuck up.
no, boards are ruined by people like you who would like to censor the subject matter of boards by censoring opinions even if backed by facts. most on this board know who to skip as the board has attracted a lower denominator of poster. you are one of them.
He must be a FED Troll.
It was so beautiful when the RP held up the silver dollar to Bennie and said, "this is money. This has value. No wonder the American People don't trust you anymore......"
No, I am tired of the 'middle class' being torn apart by the bankers on one end and 'right-wingers' on the other. The country badly needs a NEW DEAL, yet the middle class can barely squeal. In 1980s blue-collar workers went with Reagan and got their heads chopped off.
There is no denying that bankers' greed is destroying US Economy, but, what does that have to do with Khazars or Talmud?
The solution has always been bigger slice of economic pie, form the 1% to 99% and doesn't have anything to do Zionism? Being either pro or anti Zionism, will get you nothing.
What if the folks who bought the apples and baked the pie got to keep the all the slices?
If they eat the apple pie, the cost of making the apple pie boosts GDP. If they sell the apple pie for profit and do not circulate the profit, the economic pie shrinks. If like the Israeli CB they invest in the stock market, ultimately, the investment pool will shrink causing loses for most.
Re. what does [bankers' greed] have to do with Khazars or Talmud?
Jews run the banks? Yes or No? I recall when the Ponzi was going great guns, one couldn't turn around without bumping into a zino-pumper telling us all that Jews had special abilities to run money. In fact, Greenspan was the 'Maestro'. Remember that?
Now it's not going so well. And you want to have a cry because some few of us sheeple want to know more about what our bankster's professed religion has to say about us. Your approach is a form of censorship that frankly just doesn't work anymore. I see you just got here recently. Stick around and it will all become clear for you.
Zionism is ethnic cleansing, thru murder mayhem and other means.
It is a huge global economic issue. My country has been hijacked to support the ethnic cleansing side. This hijacking has destroyed representative government thru corrupt money, causes us to spend more on the military than all other countries combined, skews markets and causes mal-investment the world over. In fact, would Israel even exist without the Ponzi?
No, it would have ended long ago because w/o something like the Ponzi, the wealth rechannelling would not be possible.
So Isreal and the Ponzi are intimately entwined. Ending one, gets rid of the other.
Hey gofor - here's a question for you. Speaking of Ponzis, what happened to Bernie Madoff's billions??? Where did they go?
Soon you will be campaigning to free the poor misunderstood Bernie, like you do with that other Zino-hero-henchman jonnathan pollard today.
I am sorry but you are deluded and brainwashed. The Ponzi will never end because that's the economic system which operates with and without Jews. It's going to get worse because it's going global. I suppose that you never heard of Eisenhower and his warning to the nation about the Military Industrial Complex---that was in 1961.
Junior - The Ponzi will never end because that's the economic system which operates with and without Jews.
I don't think your post makes sense, but if you're implying that global/local economies have always been run as Ponzi schemes, you are wrong.
hey goforgin, coming in at less than 3 weeks at the 'Hedge, your
is noted - concern troll is concerned.
we'll (all) survive.
No you won't! Experience is a better predictor than HOPE.
well, you'll get no "HopeFull" arguments from me - I'm not a fan of that mindset either as it delays critical thinking.
but I'm not making the connection between your original post and this reply - maybe stick around, hone your message and show up to Fight Club - there's always someone who will engage your commentary if it sparks.
3/10
Fink Says Savers Need to Become Investors in ‘New World’
http://www.bloomberg.com/news/2012-02-29/fink-says-savers-need-to-be-inv...
LOL are you fucking kidding me
Hello, is this the complaint department?
Worldwide Central Banks are stealing my material!!!!
hilarious.
That irreverence, that wit -- I'd recognize it anywhere. Some charlatan has stolen a Ziggy and passed it off as his own.
A decision point for me has been looming and today I started the paperwork to cash out both mine and my wifes 401K money.
When the history is written on the great reset, this watershed event--the point when plunge protection was no longer carried out in secret trading rooms, but out in the open, with great fanfare and bravado--will be seen as pivotal.
Everything you do from here on out folks is the real fucking deal, no more trying to figure out if this was really going to happen or not, no more trying to convince yourself that fiat money is going to be worthless.
If from this point forward you choose to remain exposed via fiat paper, then you are certifiably a fucking ass donkey, king pin, ball licking, mega-tard, financial illiterate, zombie fuckstick, wanker-bitch, cum guzzling, bernaka-douche, class-A dickbeater extraordinaire, of the first, highest and everlasting universal order.
You just got the green light, now go do what you know you must do, for you, your family, and your honor.
You are being unfair to every honest cum guzzler and dickbeater who is not part of the financial and political elite.
We say luckily, because it means that the long overdue systemic reset is finally approaching.
so does that mean I should sit out the next 100% appreciation waiting for the crash that's sure to come?
Yo ZH here is the latest Dylan Grice. Says there's "no way out" for Japan -- negative real rates, insane asset purchase programs, loss of independence lol:
http://www.dailycollateral.com/2012/03/02/dylan-grice-central-banks-abou...
Anyone ever think maybe this is a good way to get OUT of toxic US bonds and into stable dividend stocks like Kinder Morgan or even commodity stocks?? Makes LOTS of sense to me, and I am no fan of the arrogant Jews.
To the Moon Alice, to the Moon!
Ralph: This will really help to stimulate the real estate market and spending as well.
Alice: Ralph, we live in a shit hole one bedroom apartment that we rent. What good is an artificially inflated stock market going to do for us?
Ralph: Alice, just let me do the thinking.
Egad. Any chance the discussion will turn towards the objective? Not much. Like Israel is the only country propping up US Equities. Very large LOL at you all.
Sorry....... that was intended for the JW in FL thread
It's a stealth QE3. The Fed gives the other Central Banks the cash and they buy stocks.
This story of non U.S. central banks gaining more exposure to U.S. equities reminds me of a violent game we played as kids called, "Big Daddy of the Dirt Pile". If you are on top of the pile you have considerable leverage against those trying to ascend the hill.
The FED and U.S. government is clearly using financial repression against buyers/holders of U.S. debt through ZIRP and has clearly telegraphed the "wealth effect" of U.S. stock appreciation.
Just another example of the not so gradual unwinding of U.S. dollar hegemony.
Once I gained access to the leverage of the top of the pile the bigger kids would use threats to brow beat me off the top. Once I got bloodied and beat up I no longer cared about the threats(since I was getting beat up anyway) and was the last kid standing even though most of the other neighborhood kids were bigger and stronger.
While I most often dwell on the low lights of my life, that day standing atop that pile of dirt and shards of broken clay pipe, bleeding and bruised with cuts inside of my mouth from kicks and punches was one of the greatest moments in my life screaming, "I'm big daddy of the dirt pile motherfuckers!" while the rest slinked home just bloodied and bruised.
?_?
Why not?
The Classic Cue-Bald Bennie Circle Jerk
The Bernank provides foreign central banks with massive liquidity swaps... Then foreign central banks go all in on the HFT rigged market emporium with The Bernank's swaps...
The Bernank to The Dud(ley):
"What could possibly go wrong??"
If this doesn't mean the Fed is going to start printing, I don't know what does.
The only reason foreign central banks would dump US their cash into US equities is because they've been told what has to happen, and equities will be a store of value when the printing presses fire up and decimate foreign USD holdings.
So who will take the fall?
The american people are fine because they don't have any savings, and a pile of debt to inflate away.
That leaves..businesses with close to 1trn in cash piles?
The only reason foreign central banks would dump US their cash into US equities is because they've been told what has to happen, and equities will be a store of value when the printing presses fire up and decimate foreign USD holdings.
***************
I suspect you're talking about a US hyper-inflation?
If so-how will equities be a store of value?
US stocks are priced and paid out in dollars and in your scenario-worthless dollars-
If so-how will equities be a store of value?
US stocks are priced and paid out in dollars and in your scenario-worthless dollars-
Not worthless--just steadily worth less. Solid companies doing steady day to day business will retain their worth in the long run. I can tell you stories about my business and how there is a steady stream of competitors that show up to lose money. They don't show up the next time but there are three more ready to take their place the next bid. FIAT causes some things to happen that you haven't learned yet. It seems that you are boxed into a corner and only capable of reasoning in sound money terms. Say a contractor is only a contractor as a second or third business to his primary business of commercial real estate. Do you think that contractor can take losses on his contracting business(thereby squeezing out legitimate contractors) if he is being bailed out by central banks on his primary business of commercial real estate?
FIAT causes some things to happen that you haven't learned yet. It seems that you are boxed into a corner of only reasoning in sound money terms.
*************
Why do you mix in all the other useless bullshit and stray from the questions?
I could care less about what you do for a living-
Obviously you don't understand hyper-inflation if you think that dollars just gradually become worth less-they are already steadily becoming worth less-
Wholesale Price Index
July 19141.0
Jan 19192.6
July 19193.4
Jan 192012.6
Jan 192114.4
July 192114.3
Jan 192236.7
July 1922100.6
Jan 19232,785.0
July 1923194,000.0
Nov 1923726,000,000,000.0
http://upload.wikimedia.org/wikipedia/commons/thumb/8/8f/GermanyHyperCha...
http://upload.wikimedia.org/wikipedia/commons/thumb/8/8f/GermanyHyperCha...
Solid companies will retain their value in the long run yet worthless companies backstopped by the government can run solid companies out of business? Hmmm.... a conundrum that just went over your head?
Solid companies will retain their value in the long run yet worthless companies backstopped by the government can run solid companies out of business? Hmmm.... a conundrum that just went over your head?
*************
Ridiculous comment-
How will a company "retain" its value when the value of the company is pegged in dollars?
Thew only one in over their head is you
The nominal valuation of the company steadily goes up in dollar denominated terms.
Lets just get to the real argument that you are chomping at the bit about shall we?
Lets just get to the real argument that you are chomping at the bit about shall we?
****************
Sure-it's about your comment below
"and equities will be a store of value when the printing presses fire up and decimate foreign USD holdings"
I disagreed that equities would be a store of value if they intend to blow the $ up--like you eluded to-
That was someone elses comment but yes, certain equities(the winners selected by the money, I mean debt printing government) will store value in $ denominated terms.
Real companies that are doing real day to day "can't do without business" will appreciate in dollar denominated terms as long as the "big daddy of the dirt pile" says so...
Lets extrapolate this out a bit further into the future, say 5 years? 5 months? 5 days?
That was someone elses comment
************
"If" it was someone else's comment-why did you reply?
**************
Real companies that are doing real day to day "can't do without business" will appreciate in dollar denominated terms as long as the "big daddy of the dirt pile" says so...
*************
If the dollar hyper-inflates like you seem to say or at least agree with-then how do stocks retain any value?
Why would any company sell any part of themselves for worthless currency-what would they do with it?
Hyper-inflation happens fast-by the time a company received dollars for a stock they would have lost money immediately-which is why no one will sell real-estate or basically any other tangible asset during a hyper-inflation-because there is no control once you've passed a certain point-
http://www.usagold.com/papermarksvsgoldmarks.jpeg
Stocks are a hedge against inflation but gold or something tangible is the only hedge against hyper-inflation because-if you hold a stock-you will be paid out in worthless paper--no?
**************
Lets extrapolate this out a bit further into the future, say 5 years? 5 months? 5 days?
*****************
That makes no sense-who could possibly pin down such a time frame-
I suspect hyper-inflation in a floating competing currency regime is much harder to do than most suspect-
Hyper-inflate against what?
What's to stop every other country on the planet from matching any printing the US could do and so--checkmate-
it's been a global currency simultaneous debasement to maintain parity for quite some time now...
i think that term 'printing' doesn't go far enough. in my mind, it seems to imply only domestic connotations.
Covert manipulation not enough or they just can't keep hiding it anymore with a straight face? Or they just don't mind pointing a gun at the remaining sheep to force them into this market so they can get ALL the money...from EVERYONE. An epic crash post bubble will do a perfect job destroying the population's $...minus the insiders and connected of course. Then they just force what's left of the people's $ into bonds and default on those. A precous few might still have a little money left so a brutal bought of hyperinflation will clean them up. Top it off by gold confiscation for the straglers, a war with lots of dealth and casualties, prison camps for the complainers. Start a new cycle all over of with proper sloganeering like "Change," Hope,"Yes we can!" or other completely meaningless vague ideas. Then destroy any historical evidence to cover the status quo's tracks. Soviet Styled Central Planning. It works people. The Central Banks have so many tools in the tool box...to make us destitute that is.
Stoxnet virus.
You probably don't hear this as much as you should, but,... thankyou Tyler for your tireless and spot-on fantastic 'great digging"!
:-))
big ups to tyler.
It's just a game- and if you play it's their rules. And when crashes occur, the bailout money is used to buy as many "real assets" as possible. See JPMorgan 1930s. Sure, these assets are overpriced by a factor of 100x but en again you can't buy gold to compensate. You buy something of value with valueless currency. It's still a great deal! A supreme ponzi
In the end gravity and decay win!
who wore the daisy dukes better - Catherine Bach or Jessica Simpson?
I gotta go Jessica baby... but they both got that deer in the headlights look...
" 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"
In other words , they are already done looting the US Treasary. And Yes GoldmanSachs is advising us betting along aside us every step of the way, during this upcoming war. Collect on the CDS contracts, of cities blown up, by YOUR soliders.
The reason they cant disclose where they are investing is because it is the same playbook of the cartel. Folks this looks like the World Series of Poker TIMES 13 Quadtrrillion.
They really ought just list CDS contracts in Vegas , and let the sheeple bet on the outcomes of the war. Trump would love that idea. "Pay Me Dude" and I m ean you Trump if you steal my idea.
"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."
Sure thing there bro, it be like the military telling their enemy while the landmines are planted.
And it makes it so their is no Rating Agency over the Centrals.
And the Centrals are in bed with the Cartel which are in Bed with the Neo COnsd.
The Rothschilds raise thier glass to the Central Bank of Israel.
Long live cotton and ink....here,here....
"You can assume that we're aware to the fact that there are problems in certain countries."
The under statement of the Centuary!
It would nt having anythging to do with the DC politicans (40%) of which represent Isreal , now would it?
How exactly do have RESERVES and needing 3 billion from the US for AID? Soup Kitchens? Homelesss Shelters? I didnt think so.
So you fucking JEWS funnel the OUR money back to the stock market in a sheme with Benny???
Treason .. Ill the highest court. All its of TREASON happen these days.
That must of been the CHANGE O was talking about.
"You can assume that we're aware to the fact that there are problems in certain countries."
The under statement of the Centuary!
It would nt having anythging to do with the DC politicans (40%) of which represent Isreal , now would it?
How exactly do have RESERVES and needing 3 billion from the US for AID? Soup Kitchens? Homelesss Shelters? I didnt think so.
So you fucking JEWS funnel the OUR money back to the stock market in a sheme with Benny???
Treason .. Ill the highest court. All its of TREASON happen these days.
That must of been the CHANGE O was talking about.
Much TREASON happening these days.
Must be the SEASON.
Go figure on REASON
To get your through the next season.
It absolutely defies the basis of shareholder equity that foreign central banks can invent money and use it in turn to control American companies, it breaks our laws in that any purchase of American companies by foreigners must be able to pass review.
Oh well, just one more reason on a very long list not to "invest" in equities anywhere.
Is it just me or are some of the posts here getting really weird?
No, it's not just you, it is like the bible thumpers are on crack. Of course if a bible thumper (or koran thumper) were on crack how would you be able to tell the difference?
I wonder whether china will do the same.
http://www.jinrongbaike.com/
http://www.cnhedge.com/
Is this the Bus Stop for #4 bus to Astoria?
interesting to the anti-semites who must wonder why would they buy stocks and dump UST? of course they know the bonds are worthless paper but stock holders are always made whole again. call it a confirmation, if you're a widow or orphan get to cash immediately, and bury the money in your mattress. bonds are going to get tanked. bern-tanked if you will.
Them joos buying equties with the $2 billion in aid money U.S.Citizens give them....
.......................SUCKERS..................
When you's gonna get off your knees...???
Well let's see, 10,000 times to cross DOW13k, apparently the crap isn't worth it, so now we need this BS to pump this overpriced fucking garbage even higher? Fuck this goddamn planet. REVOVLUTION MOTHERFUCKERS!! We need to take this mofo back right now!!
Oh and btw every arrest and questioning of someone like me is JUST ONE MORE FUCKING NAIL IN YOUR COFFIN!!! We will prevail!!
Fuck, why didn't I buy the Lary Fink, "BTFD", or in my words, "Buy The [almost] Fucking Dip"
100% Stock, balls to walls...
Classic "Pump & Dump" pattern. Why would they broadcast their future plans except to pull novice retail investors into this overpriced market....and then the financial inst. can dump.
We may see record bank bonuses again for 2012...who knows?
BTW, how did I get on page 8?
debt based economic models only need to appreciate in nominal terms. As long as you can handle more debt, you can get more debt. The Ponzi can't stand less debt. Less debt and the Ponzi fails. Deflation is a brow beating threat that bigger stronger players hold over your head.
So these were the guys who have been buying every single dip ??!! Fu#@ing shame of a "free" market...
So if the CB of Israel(Rthchld) announces they are now buying US equities, it must mean they are actually now dumping them, Goldman(Rthchld) playbook no?
>sarc But doesn't everyone realize that the current burning issue of this USA nation is birth control?? Try to stay on point. sarc<
the Madoff funds were probably being repatrioted to Israel for various projects, why else did smart guys like Spielberg pour tons of cash into Bernies fund and how else did it fly under the radar for two decades? (big wink big nod from the regulatory apparatus) this slush fund was probably ten times larger than anything Nixon had back in the 70's. and since these are all long term investors there was no tax liability. bottom line some of these guys made money by losing money with Bernie, and all for a good cause. NOW Israel is ready to come back to the market, ( and for a while they were happy to buy stocks as a favor to Greenspan/Bernanke, and skim off a few profits, but when that ended they simply ran flat out Ponzi, and most of the suckers knew the score) but frankly until the Madoff business is resolved no Israeli sovereign fund or AIPAC connected organization should be allowed within ten miles of NYSE.
So let me get this straight. Central Banks supress PMs and now they buy Stocks outright too. Everything is now a scam.
Banks assets consist not only of hard cash, but of equities, i.e. stocks and bonds. The equities values fluctuate, and for banks that are over leveraged (most of them) and bought into the mortgage-backed securities (far too many of them) any significant stock market drop may mean instant insolvency. But if they invest some of their cash in the stock market and drive prices upward, then their balance sheets look a lot better and every dollar spent in purchasing stocks can come back as a $10 gain in asset worth. Of course, this is just another form of bubbling up stocks using market forces, and must lead to another crash somewhere down the road. But I get the sense that the financial "wizards" are not thinking much further than a month or two down the road. And Obama is only worried about making things look good until November!
BTW, If Israel has this surplus to invest in the US stock market, why is the American taxpayer still being forced to send billions to Israel every year? We are effectively giving them the cash with which to buy the nation (as well as the government) out from under us.