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Fuck them all
For evil geniuses our tptb seem pretty fucking stupid some times. How much more fucking obvious could it be that if you want to force the ecb into printing now you need to crash the market down to a nice and terrifying 800 on the s&p?
The "market" became very good at frontrunning the CBs and rendering their actions self-unfulfilling.
Absent a high-profile failure, they are forced into a "hint and run" strategy.
Road map for trading tomorrow
I was surprised the triangle broke so soon. It could have gone another week at least. Europe is in sad shape to force an early break like that. Where are the rumors? Really 'they' could have thrown out more China-stick-save or Fed-backed-ultra-leveraged bailout funds for weeks, yet there were no rumors. Best guess it's to force the ECB and Fed to print but how will they get the Germans on board? Concessions? Assassinations? The Germans have too long a memory to print and the rest of Europe has too long a memory to let the Germans be in charge.
Ctrl+A; Ctrl+X; Alt+tab; Ctrl+V; Ctrl+P
Do the gold standard and get it over with. win win
"And why? Simple - just so a few banks can get record bonuses for at least a few more years."
That's not the real reason. The real reason is so satanists like David Rockefellar can consolidate world power.
Krieger quoted it:
"We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.
– David Rockefeller"
May he burn in hell first and afterwards too.
Hilarious part about that is David rockefeller insinuating that he should be counted among the intellectual elite....
what would be more hilarious is to have him drown in his own vomit.
Maybe Mama Cass's chef could make David and the family some sandwiches
Pig - the other white meat
Rest your head. It is promised. We will one day witness the total death and destruction of the money-changers and thier love for it's slavery benefits.
or, his head,(doesn't matter which one) gets stuck between janet napolitanos' thighs!
Nigel Farage in Germany - priceless:
They have gold. The world as we know it is changing there is not much time left.
get busy and good luck
Get a grip on yourself HedgeT. It's all gonna be OK. Promise. No need to open the fairy-tale myth book.
Actually there will be huge swing towards religion. It already started in Middle East and in North Africa and it will strike the West, too. Nationalism and communism are out and the only surviving guide next to capitalism is religion. If the average Joe loses its faith in capitalism he will hold on to religion.
Thanks Hedge. Seems we've been thru this a few times before.
Others beyond this site are becoming aware of the "Agenda."
Seems kinda flaky, but the analysis of the financial mess is pretty much spot on and will not tell regulars at zerohedge much that they don't already know. I believe it's important to find out what solutions others are coming up with to transform the financial meltdown into something positive, hopefully, BEFORE the meltdown occurs!
love this quote, i remeber reading it as a 15 year old and it was so obvoius that its new york its talking about
but it still hasnt happened, inless you count 911
Lots of banker technobabble from BofA. Like this thing can be controlled if only the knobs and switches were turned just so by the genius elite technos who need to be in charge like in Italy and Greece (what a pathetic show).
Looks like things were worse in September from the charts.
That's not compelling graphical evidence, DB. Hope there was more meat to that analysis in the full text... otherwise this is just a meaningless "mood" commentary.
That being said, we need some major vigilante investor shit to get this party started.
Hopium is all that's left...Every temporary (present) solution brings more future problems...I envision a 'Fortress Europe' police state for the Southern flank...Or an outright divorce and hyperinflation with the neo-Drachma and Lira...Not to mention Spain, Portugal, and the Irish...What a mess!!!The Euro Oligarchs want control for as long as possible but lying, cheating, and stealing from the German people will probably only go so far...
I don't see how the Euro survives in its current form for much longer...But I didn't think it would last this long...So.......
China is going down. then we dont owe anything
Inflating the currency into nothingness. Check. Debt paid.
Shouldn't turning on the printing presses in Europe significantly weaken the Euro and by proxy strengthen the dollar? And with a weak Euro and stronger dollar...shouldn't corporate profits and by extension the stock market take a pretty severe dive? Or is there some magical market levitation fairy that will step in and orchestrate the simultaneous rise of the dollar and the S&P 500?
Something here just doesn't add up. I'm sure I'm missing something...aren't I?
I played this out same as you. SPX inverse to USD. EUR will weaken with ECB printing. So, no ECB bail-out/printing and EU countries eventually default, sending USD up. And if ECB prints, its inflationary and USD up. Regardless, it seems USD up against EUR. Question is; will the SPX continue the inverse USD relationship. Or, will EU simply postpone and postpone for the next several months and years gradually imposing more cuts and weak bond auctions with higher yields. This could be THE moment to place your bets and go for the big win on the short-side. If USD stregthens and SPX drops to 1,000 range, Bernanke will be in a much better position to expand balance sheet and start buying MBS again. Short down and then BTFD. This won't bode well for GLD/SLV or oil.
@ "..missing something.." >
that would be the call for qe3^
and this is exactly why many and many
more will buy precious metals with their
federal reserve notes.
There is that nagging little truth that . . . if the ECB prints, the Euro falls in value from dilution wrt USD.
We know what happens to the S&P (earnings) when that happens.
The Fourth Reich?
Bank of America are f*cking idiots. You got end yr thin volumes and a broken bond market. Ok so you want the ECB to print so you close off a year of stock gains, lock in some end yr forwards...and we all get paid.
again they miss the oil inflation spectra, winter will be brutal in Europe this year, we get a bid market to the end of 2011 not only will Germany piss on the EFSF and flush it down the Rhine, you can forget about the EUR trade...it will be Germany that will pack their bags, re-cap their banks and EZ completely collapses.
"Boycott markets" WTF!!! No, the market is breaking down.
Citi is on the money yet bank of America is smoking crack.
Remember several years back, when the fed first announced large scale asset purchases of MBSs? Remember all the talk about how they would unwind it? How they would shrink their balance sheet? Now the pretense is gone and it's all explicit, rampant money printing, with the system begging for it.
The point is that at almost every juncture the situation has turned our bleaker than most anticipated, each blow has come sooner and harder, and the can kicking has become that much more desperate. If the big rub is lost sovereignty, a fiscal union that caps budgets but allows lots of other 'discretion' is likely, along with ECB action. It will be sold to Germans as the responsible thing to do. This is their big chance to prop things up for an 'extended' period, which will invariably be shorter than they think.
Great to find this article ZH. Monday and Tuesday were so decrepit of volumn that I was begining to blame the action (lack of) on my satellite internet. I've been looking for a ZH article where I could ask ZH-ers if it was just my imagination or had the market gone comatose...could not find anywhere the question fit in with an article-until this one. Anyway. I went long EOD. Logic: op ex tomorrow; market is oversold short-term; majority are sounding bearish. Ahhhhhhhhh................the sweet smell of volatility. Good stuff.
I would think the bias is down for opex tomorrow.
opex = oversold = faux bearish bias = expectation of a short squeeze = true bullish bias
Painful "game theoretic" reverse double cross is coming up tomorrow. Massive selloff.
didn't mike krieger just write:
the reason Europe doesn’t announce a solution is because there is no solution. They also know that the minute they announce massive monetization gold and silver will go no offer and the gig will be up.
Super Mario, indeed. I remember there was a level on the original Nintendo where the player could jump on one of those turtle enemies and get an arbitrarily large number of lives. Draghi needs to figure that one out quick.
I was a subscriber to the Nintendo entertainment system newletter when that trick was first published.
I believe it was called "The Bradshaw Maneuver" if that helps.
The Bernank is gonna print.
Nothing is sacred for these BofA idiots.
Jump you Fuckers!
The machines are pounding the EUR...no boycott there just a beatdown.
I have this strange feeling that if the ECB printed euros then the Euro would climb to $2.....this is the ridiculous world we live in. Too bad the ECB would have to print enough to cover all maturities across 5 countries and the deficits of all 5 as well. And then later for all 17. Not even the Bernank did that for us.
This isn't good. Europeans have an innate dislike of teutonic hegemony regardless of whether its military or mearly economic.
Not much of a "hegemony" when your wallet is ripped from your pocket. Per inhabitant, the Dutch are paying even more for that "hegemony."
I'd rather call it "hegemoney".
And its definitely not Teutonic.
A little too rube goldberg for bank bonuses. Naw, there's a more sinister and utopian plot beneath it all.
It's going to get ugly later today. Here is Asia via yahoo:
i spoke to my pm stash last night.. i said "do you guys lie cheat and deceive like the rest of these asshole" they all said "NO BUT TPTB try very hard to make it look that way".. then i awoke with wifey slapping me round the head again
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