• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Presenting Deutsche Bank's Pitchbook To The ECB To Go "All In"

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Tue, 11/15/2011 - 15:06 | 1879835 Commander Cody
Commander Cody's picture

The rats keep begging for their spiked cheese knowing that sooner or later its gonna kill 'em.

Tue, 11/15/2011 - 15:14 | 1879863 gmrpeabody
gmrpeabody's picture

"And one wonders why Crude is about to pass $100..."

Amen, brother.

Tue, 11/15/2011 - 15:23 | 1879894 Mike2756
Mike2756's picture

Looks like that $100 oil isn't sitting too well with mr. market.

Tue, 11/15/2011 - 15:37 | 1879931 BaBaBouy
BaBaBouy's picture

Print Yo Bitchez, Print ...


And Run To Pappy, eh, GOLDie ...

Tue, 11/15/2011 - 15:49 | 1879958 BaBaBouy
BaBaBouy's picture


  Fed's Fisher repeats call to downsize big banks



AND no-ones listening.

Hehehe, hell they are piling on more TRILLIONS of OTC Toxic SHIT as we speak.


Same SHIT as 2008, except its not GWB, butt The Bummah that will bail out all the banks again.

Tue, 11/15/2011 - 16:05 | 1880012 DoChenRollingBearing
DoChenRollingBearing's picture

Tyler above himself just said:

buy. gold. now. 

Tue, 11/15/2011 - 16:56 | 1880198 Texas Ginslinger
Texas Ginslinger's picture

Silver bullion or gold, right...???????

Tue, 11/15/2011 - 15:36 | 1879933 GeneMarchbanks
GeneMarchbanks's picture

$100 will be crossed this week followed by a sovereign downgrade(can't say which one) then all bets are off... literally. All this begging for € QE makes me want to put on some Lehman 2.0 trades... just to be contrarian. That's right, Hendry style bitchez.

Tue, 11/15/2011 - 15:56 | 1879938 Hard1
Hard1's picture

Translation of the reaserch piece (from German):  Dear all at the ECB:   As you are well aware, we, the german banks, as well as our french counterparts hold so much italian debt that we are insolvent as of a couple figures ago.   If you don't monetize this debt now, you will be personally responsible for our bankruptcy.



DB management.

PS We are sending this letter through our reaserch arm to mantain the formalities.

PS2: According to our calculations, if you don't act now US banks will indirectly go bust based on the exposure they have to us and our aforementioned french colleagues.  You will be also responsible for that.

Tue, 11/15/2011 - 15:27 | 1879908 Eally Ucked
Eally Ucked's picture

It passed 100$ long ago, just thanks to Canadian Gov. you have it so cheap. If they decide to sell it West and East by building pipelines to the left and right you'll enjoy much higher prices. But it takes few years. For now Canadians play old time idiots which is is consistent with their gov mind set. 

Tue, 11/15/2011 - 15:33 | 1879925 SheepDog-One
SheepDog-One's picture

All it takes for oil to go up $50-$100 overnite is 1 sunken carrier in the Straits. We're living in times now where thats entirely likely.

Tue, 11/15/2011 - 15:43 | 1879951 hunglow
hunglow's picture

Much easier to turn a tanker into a submarine.

Tue, 11/15/2011 - 15:44 | 1879954 SheepDog-One
SheepDog-One's picture

Sure even easier.

Tue, 11/15/2011 - 16:50 | 1880178 High Plains Drifter
High Plains Drifter's picture

so easy to with sunburn sea skimming anti ship missles..........

Tue, 11/15/2011 - 15:40 | 1879945 Oh regional Indian
Oh regional Indian's picture

Very interesting, this oil subsidy gimmickery. PPP is a joke. A total joke.  And agro subs in USSA.

Anyways, on topic, very interesting, Ackerman is bieng replaced by two people? And one of them is an Indian.

"Ackermann will step down as chief executive as planned in May, to be succeeded by Juergen Fitschen and Anshu Jain."

What is with all these Indians in high finance positions?



Mandelbrot Magic


Tue, 11/15/2011 - 16:00 | 1879999 topcallingtroll
topcallingtroll's picture

You guys work cheap and are good at math.

The first generation or two out of poverty think computers or engineering or medicine is a good career. Families quicklie realize that is just another form of wage slavery.

The next couple generations with dads and moms who are engineers and doctors will skip the bullshit and go into finance/money related operations.

Tue, 11/15/2011 - 16:15 | 1880046 Eally Ucked
Eally Ucked's picture

Bravo! The American way, not only the fittest will survive but costs will be cut to minimum.

Tue, 11/15/2011 - 15:16 | 1879867 nope-1004
nope-1004's picture

The banksters have 2 choices:

Print -> inflate -> continue pillaging -> disintegrate


Do nothing -> relinquish control -> give up.

Kinda obvious what they'll do.


Tue, 11/15/2011 - 16:28 | 1880080 NotApplicable
NotApplicable's picture

Don't forget, ZIRP4EVA. Otherwise, the pillaging quickly consumes itself.

ZIRP is the can made for kicking!

Tue, 11/15/2011 - 16:36 | 1880117 vast-dom
vast-dom's picture


Tue, 11/15/2011 - 17:07 | 1880236 Caviar Emptor
Caviar Emptor's picture

Get it yet? They want ECB (the public) to become the bag holders for their worthless crap. Just in time for Xmas too

Tue, 11/15/2011 - 21:42 | 1880990 philipat
philipat's picture

DB (Douche Bag?) knows it can't appeal to Merkel, because she wants to get re-elected. So instead they appael to the un-elected transnational ECB. Isn't democracy a wonderful thing?

PS. It's almost bonus time so would you please move quickly.

Tue, 11/15/2011 - 15:51 | 1879841 CPL
CPL's picture

So this is why the market bounced like a rubber ball on no news and no volume.


Thank goodness our betters are here to aid us in our time of need.


If anyone cares, FAZ and TZA are at their entry point...again...in a week...wow the markets are stupid.

Tue, 11/15/2011 - 15:09 | 1879844 The Axe
The Axe's picture

Hate to go off topic, but has anyone else been watching the big divergence in the price of Nat.Gas and crude.  Natural Gas is falling all year in price and just hit a 52 week low, yet still a lot of very rich natural gas stocks out there. This is the biggest spread I have seen between wti and ung in forever...?  strange

Tue, 11/15/2011 - 15:32 | 1879921 Mike2756
Mike2756's picture

You're right, sell uso and buy ung?

Tue, 11/15/2011 - 16:16 | 1880048 kaiserhoff
kaiserhoff's picture

Not surprising at all.  Supply of NG is essentially unlimited in North America.  Pubama and the tree huggers are fighting a losing colonial war against the conversion, because they prefer windmills and unicorn farts for fuel.

Tue, 11/15/2011 - 15:09 | 1879845 TheFourthStooge-ing
TheFourthStooge-ing's picture

Hey, if it worked for Hank Paulson (and he's not in jail) ...


Tue, 11/15/2011 - 15:13 | 1879848 Sudden Debt
Sudden Debt's picture

Just a few more seconds...
..... ....

I'm save, my family is save and I'll move out if the shit hits the fan. Somewhere warm. Azia.

Tue, 11/15/2011 - 16:19 | 1880051 kaiserhoff
kaiserhoff's picture

Save Russian Jews.  Win valuable prizes;)

I've always wanted to see the South Pacific...

Tue, 11/15/2011 - 15:23 | 1879849 GeneMarchbanks
GeneMarchbanks's picture

Leeroy Jenkins.

'Or advice (as always): buy. gold. now. (and not the MF Global paper version, please)'

Speaking of MF, Jesse has been all over it like a fat kid on cake.

Via Jesse Cafe:


'MF Global has the wafting odour of scandal that keeps on intensifying.

I cannot wait to find out the whole truth. But that might have to wait for kingdom come, if it is in the same justice delivery system as the silver manipulation inquiry.'

Tue, 11/15/2011 - 16:31 | 1880094 NotApplicable
NotApplicable's picture

I wonder how the take-down of MFG has affected the depletion of physical from the Comex?

Tue, 11/15/2011 - 15:13 | 1879852 Ponzi Unit
Ponzi Unit's picture

And gold still trades under 1900+

WTF? When will JPM quit this shit?

And when will the CME scumbags step up? Even if their obligation is not statutory they have a moral responsibility, and an enlightened self-interest in making good on MFG. Do they really want to kill their own market? Are they secretly unable to fulfill the obligation?

This country fucking deserves to go right down the drain.

Tue, 11/15/2011 - 15:20 | 1879882 nope-1004
nope-1004's picture

WTF? When will JPM quit this shit?

Never.  Don't you see what's happening?  They've got one of their own now as the PM of Italy, and the new leader of Greece is also an ex ECB stool pusher.

This is how priates do it in the 21st century.  You are seeing international theft and confiscation of sovereign assets right before your eyes, and no one gives a shit.  Quaddaffi, Berlusconi, etc.... next will be Sarkozy.  Mark my words.  Then Merkel.  Then ALL of the Eurozone gold will be "missing", just in time for a new currency.



Tue, 11/15/2011 - 15:25 | 1879898 SheepDog-One
SheepDog-One's picture

YEA exactly and meanwhile everyone just sits waiting for the next rumor driven ramp up....WTF it was nice knowin ya, human race....guess you had a pretty good run anyway.

Tue, 11/15/2011 - 15:28 | 1879910 JoBob
JoBob's picture



correctly spelled as "yeah"


At least we can leave a literate legacy.

Tue, 11/15/2011 - 15:31 | 1879917 SheepDog-One
SheepDog-One's picture

Right, cant even get that right oh well are we really THAT much better than the Dodo bird?

Tue, 11/15/2011 - 15:34 | 1879928 s2man
s2man's picture

Pet peeve of mine, too.  But he could have meant the Old English yea, which means yes.

fwiw, the other one is yay = hooray, which often gets typed as yea.

Tue, 11/15/2011 - 15:57 | 1879985 Ponzi Unit
Ponzi Unit's picture

all right, never -- maybe better phrasing would have been:

"When will PM longs overwhelm JPM's capacity to control price?

Tue, 11/15/2011 - 17:01 | 1880220 Bicycle Repairman
Bicycle Repairman's picture

As DB put it: "Politics has become “the” obstacle: All 5 "peripheral" countries have had leadership change in 2011"

So the gold won't be the only thing missing from the Eurozone.

Tue, 11/15/2011 - 15:59 | 1879911 s2man
s2man's picture

LMAO.  Moral responsibility.  That's a good one. 

Still laughing.  Oh geez.  ahahahaha. Oh, man.  I can't stop laughing. Oh, I"m crying. oh. oh. oh. oh.  hahahahahahaha.  Ahahahaha. I can't see to type.

Okay.  I think I'm over it.  Thought about TEOTWAWKI to stop the laughter.  Phew.

Do I really have to ask if you think they have any morals?

Edit: Yes, they do have a moral responsibility.  Not making fun of your post.  Just the thought of the CME or bankers having morals struck me as sooo funny.  I haven't laughed like that in a long time.  Thanks.

Tue, 11/15/2011 - 16:10 | 1880003 Ponzi Unit
Ponzi Unit's picture

My comment goes to their traditional role - they are expected to perform. The fact that they don't suggests short-sighted sociopathic corporate response. CME was once a non-profit mutual deal. Bigger question is of their recklessness. Covering the bets is in their interest. Why don't they protect their franchise? Can they?

I worked on the Merc before it went public, long before it became the CME Group, fuckball. Save your adolescent laughter. Ask yourself, if you are capable of reflection: What happens to CME's business plan if investor confidence is destroyed?

Tue, 11/15/2011 - 16:37 | 1880119 NotApplicable
NotApplicable's picture

What makes you believe that TPTB who are ushering in the "death of Capitalism" have any plans for a commodity futures market?

One man's franchise is another's honeypot, to be eaten until gone.

The only markets that will survive are the black markets. All others will be targets for confiscation by criminal cartels hiding behind various acronyms.

Tue, 11/15/2011 - 17:05 | 1880230 Bicycle Repairman
Bicycle Repairman's picture

If the markets become and venue for "politics" and work against the aims of the state (i.e. the state's owners) they will be manipulated and, if necessary, terminated.

Tue, 11/15/2011 - 15:32 | 1879920 Hearst
Hearst's picture

Has the CME lowered Silver or Gold margin requirements since their blitz of raises earlier this year due to 'volitility' they initiated??

Tue, 11/15/2011 - 15:58 | 1879987 Gief Gold Plox
Gief Gold Plox's picture

Yes! Yes, they have indeed. /unicorns

Tue, 11/15/2011 - 16:01 | 1880001 css1971
css1971's picture

Say thank you to Mr. Dimon.


Tue, 11/15/2011 - 15:11 | 1879855 ItsNotYouItsMe
ItsNotYouItsMe's picture
  • ECB should announce large, targeted buying plan (i.e. € 200 bn over 12 months)
  • I like their definition of 'large' ... enough to put in a headline but nothing really worth while.

    Of course, if this were a TAX INCREASE, it would be classified as nothing or a "minimal" or "nominal" increase in taxes ... BUT ... spending/printing purposes, this classifies as a huge or 'large' plan!


    Tue, 11/15/2011 - 15:12 | 1879856 terryfuckwit
    terryfuckwit's picture

    perhaps a picture of a clock might help drive the message home

    Tue, 11/15/2011 - 15:26 | 1879902 Elwood P Suggins
    Elwood P Suggins's picture

    Only if it's a cuckoo clock!

    Do NOT follow this link or you will be banned from the site!