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Looks like a pretty stinking clear trend to me! Each year, there is a clear step up (or down) on average. Cheers to Nanex once again!
Shapiro might be all over this, if she wasn't so worried about giving oral to a corn dog like other idiots in government that we all know.
Pictures without porn is probably too difficult for the SEC, so I'll help them out: The x-axis is the time of day in EST.
James Workman on Aug 17, 10:04 PM said:
Read more: http://www.businessinsider.com/nouriel-roubini-has-questions-for-zerohedge-on-inflation-2011-8#comment-4e4c73c8eab8ea8459000018#ixzz1VLHafXZf
James Workman on Aug 17, 10:07 PM said:
Read more: http://www.businessinsider.com/nouriel-roubini-has-questions-for-zerohedge-on-inflation-2011-8#comment-4e4c756f69beddf27700002f#ixzz1VLJIX9Oa
James Workman on Aug 17, 10:14 PM said:
Read more: http://www.businessinsider.com/nouriel-roubini-has-questions-for-zerohedge-on-inflation-2011-8#comment-4e4c756f69beddf27700002f#ixzz1VLJSxwOv
James Workman on Aug 17, 10:17 PM said:
Read more: http://www.businessinsider.com/nouriel-roubini-has-questions-for-zerohedge-on-inflation-2011-8#ixzz1VLKVLkGm
this is the best video you will never see on Cable News in Heavy Rotation of Afganistan!
buy & hold, bitchez!
how much money was getting offshored from CIA drug cartels in 30s?
there's a reason places like the middle east blew up first. that's a big dumping ground for the $3-400 billion in CIA drug profits that provides a big part of the differential in domestic and international dollar based inflation
now, how can you not see that the low bond yields are an artifical construct that fly in the face foreign countries and even joe blow domestic buyers drying up? t-bill yields are almost soley a function of what the fed's want them to be - not a relevant market signal except with respect to the fact that all the monies going towards their purchase are freshly printed -->hyperinflation, doubley so with a depression because all those fresh bills are buying fewer goods
The colors in the charts are pretty.
Something like this?
Let me see if I get this strait;
Al-Qaeda is a concoction of the CIA.
Did I get that right?
maybe not the CIA.. maybe the NSA? or other 3 letter Government Organization of Controled Demo!
yeah, it made me see the same kind of colors when I was a student :)
gold is a false signal. it is in a bubble. zero hedge est plus wrong.
remind yourself of the 5 stages of a bubble:
Get short and post a screenshot numbnuts.
gold has room to run, I will buy far out of the money big cap gold producer put options when gold crosses 2300-2600/oz. The gold bubble hasn't peaked yet.
exactly. Calling the top is a fools game. Wait for the momo break.
anyone who says gold is in a bubble is a complete fool, and should get short and post screenshots, to weed out trolls.
i recognise america is going through something like japan, but guess what — gold has gone up in japan too. that's because gold's rebirth is part of a long term trend. the driving factors are global money printing, global debt monetisation, the BRIC central banks (especially china), the failure of monetary policy, and the fact that the corporate game likes to rape pillage and burn shareholders, the rise of china and arabia, the rebirth of russia, and most importantly the death of the dollar as the global reserve currency.
deflationists need to get their facts straight:
......or gold is running on an inverse relationship to Obumma's popularity...if you think his popularity is about to reverse field, you would want get short gold....
I got lost somewhere around gold is in a bubble and his deflationary fiat price modeling...as golds "fiat price" in every country is going up.
Now if he meant fiat is a worm that eats itself, always, thus being deflationary to itself, well, all righty then ;-)
Hey DR, That is a GREAT graph. Thank you.
Who of your friends actually holds a physical piece of gold? Any at all? I've got many friends and acquaintances and I'm the only one who has any metal in possession. Anecdotal, I know, but there's no bubble till your shoeshine boy is tellin you about his stash...
Or the metaphorical "shoeshine boy" will only accept gold as payment.
Point taken, perhaps we haven't seen the bear trap yet. Or the bear trap was 1982-2002. I'm sure you know exactly where we are on that curve. Check back in when Newmont and Barrick have been nationalized.
...and apparently he wants his goddamned answers RIGHT FUCKIN' NOW!!!
Hmmm -- Tyler and Dr. Doom, toe-to-toe in the basement at Lou's Tavern. Yeah, I'd be forced to dust off the TV and pay-per-view that one.
He is Dr Wimpy now, Dr Doom...jeez.
Thanks - hadn't been over there in a while. I had no idea Weisenthal had become so hated, even by his own readers. What a waste of what I once thought was real tallent. Interesting read too. Looks like Tyler and Roubini were talking past each other, as both are right. Yes, there is deflation in depression, and yes, money printing causes inflation. Regardless, I just wanted to say thanks for the fun link.
I feel you. That site went from interesting reporting on boobs and 10 click "random ripoff of cracked.com list" slide shows to sell ads. Joe is really just Johny5, pushing Blodget's book.....
Who the fuck is Roubini?
And who fucking cares what he has to say?
That's was fascinating, thanks! So there's still an inflation and deflation debate going on? Who knew.
Nuriel "John Law" Roubini better Skype the Chinese quick and tell them they're just acting a fool.
Bernanke's scholarly take on the Great Depression was that they were too tight and didn't print enough money, hence, his own helicopter response metaphor.
Shadowfacts reports inflation at 8.5%, and it is much higher if you're a corn kernal.
Then There's this from Roubini himself, as reported at Bloomberg, February 2011:
"It’s not hyperbole when Nouriel Roubini, the New York University economist who predicted the U.S. financial crisis, says surging food and energy costs are stoking emerging-market inflation that’s serious enough to topple governments. Hosni Mubarak over in Egypt can attest to that."
And then there's this from Marc Farber's site, back in the stalled out 2009 economy, after Farber predicted severe hyperinflation:
"Prof. Nouriel Roubini at New York University, one of the few who predicted the ongoing economic turmoil, is talking about a milder but still severe inflation. During a press conference last week on the sidelines of the Seoul Digital Forum, Roubini said double-digit inflation would wreak havoc on the U.S. economy."
I think Roubini has either been hanging out at Davos too much, or, he's been swimming in dirty pond water and contracted one of those brain eating amoebas.
Tyler only gets a TKO if Roubini has the amoebas.
There are only a finite of delta hedge, stat arb, and other abitrage opportunities in the market for a given period of time, T. But the number of hedge funds has been growing since 2000. So you have to find the arbitrage opportunities first, before your competitors, or else you miss out, and are force to apply more leverage for the opportunities you do find. Thus the HFT wars began.
As the hedge fund industry grows linearly, but the arbitrage opportunities remaind constant, you have a structural problem. More and more hedge funds will be forced to use ever more leverage for the arb opportunities they do find. So if there is ever a fat tail event in the near future (cough Euro problem. cough. unwinding of the yen carry trade, due to the USD losing reserve statusm or QE3), it will be like cluster bomb hit the financial markets, as cascade builds on top of cascade.
...yep, it'll make LTC look like a day on the bitch.....
I guess all that was learned from LTC was that if your are really big, you cannot fail....though one might wonder why there are no dinosaurs today....
IMHO LTC was the beginning of our current problems with Wall Street. Amazing after LTC that anyone would even want to employ a Nobel economist or listen to anything they say.....
I admit it, I'm a dumbass.
LTC <-? WTF?
Long Term Capital Mgmt http://en.wikipedia.org/wiki/Long-Term_Capital_Management
Long Term Capital Management. He missed out the last letter.
She probably doesn't understand it.
Pretty charts, but my old brain can't get any useful information out of them. I guess that means the algos are eating my lunch.
which is why sitting out the fraud/manipulation and holding Gold is the best opinion any smart investor can take.
Let these algos and the big boyz blow themselves up. They will one day eat their own cooking, bailout or not.
Nothing seems to make sense anymore. Look at all theses charts and graphs your like wth.
We got alot of issues, but nothing is being done to fix it. Then we get this
The charts make perfect sense. There is none. That is the point. It is 100% manipulation and fraud against our capital markets.
These people, HFTs with their fancy software which knows were every order, executed or has not been executed but waiting, need to be stopped.
Until then, it is a ponzii scam worse than Bernie Madoff.
This is the perfect example of where the information gets lost in the noise.
"The Peak occurred on August 16, 2011 (see red spikes in the middle of the chart), when the market threw a tantrum on the shocking news of a possible financial transaction tax."
Didn't anyone see or read '2001: A Space Odyssey'? When they were going to shut down Hal, the self aware computer, for just a bit he turned killer to protect himself. Here they talked about taxing (= killing) the little critters when we know they read the news? We're lucky they just went apeshit and there weren't any nukes sent flying.
Think of them as a forest fire moving from small brush to outright sky-high flaming hell while the quality of the market is reduced to dust.
Well I do see that bots drink their binary coffee at 10am.
Wouldn't a transaction "tax" of even a penny or fraction of a penny cut down on all this bullshit and quote stuffing? I see no value for people to load up a whole bunch or fake orders to cancel them a fraction of second later just to build artificial demand. Am I missing something here?
Incredible. Like attending an auction where anyone can cancel a bid. This is not price discovery, it's fake. Same with futures.
Id fight Gandhi,
You can't have a transaction tax if no transaction has taken place. Quote stuffing is just that, one algorithm stuffing quotes to slow down other algos while they analyse the quotes, and (relatively speaking) few of the quotes leading to trades, many of which get cancelled or traded out of straight away for the rebates.
What should happen (although unlikely will) is that quotes should be made to stand for, say, half a second (preferably longer, but half a second is a lifetime where 5 milliseconds or less is the norm), a large number of cancelled quotes relative to total sent should result in a fine, and cancelled trades likewise.
Everything the SEC has done has been to fix the problem once it's occurred, NOTHING has been done to STOP the problem BEFORE it happens.
You see, as HFT races towards zero, the data it generates decays just as fast.
You see, as HFT races towards zero, the data it generates decays just as fast.
Hopefully this decay rate is exponential and they all reach the singularity at the same moment.
Fireworks anyone? Or should I say one firework anyone?
They're all just tap dancin' on the event horizon.
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