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The rats keep begging for their spiked cheese knowing that sooner or later its gonna kill 'em.
"And one wonders why Crude is about to pass $100..."
Looks like that $100 oil isn't sitting too well with mr. market.
Print Yo Bitchez, Print ...
And Run To Pappy, eh, GOLDie ...
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.
Tyler above himself just said:
buy. gold. now.
Silver bullion or gold, right...???????
$100 will be crossed this week followed by a sovereign downgrade(can't say which one) then all bets are off... literally. All this begging for € QE makes me want to put on some Lehman 2.0 trades... just to be contrarian. That's right, Hendry style bitchez.
Translation of the reaserch piece (from German): Dear all at the ECB: As you are well aware, we, the german banks, as well as our french counterparts hold so much italian debt that we are insolvent as of a couple figures ago. If you don't monetize this debt now, you will be personally responsible for our bankruptcy.
PS We are sending this letter through our reaserch arm to mantain the formalities.
PS2: According to our calculations, if you don't act now US banks will indirectly go bust based on the exposure they have to us and our aforementioned french colleagues. You will be also responsible for that.
It passed 100$ 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.
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.
Much easier to turn a tanker into a submarine.
Sure even easier.
so easy to with sunburn sea skimming anti ship missles..........
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?
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.
Bravo! The American way, not only the fittest will survive but costs will be cut to minimum.
The banksters have 2 choices:
Print -> inflate -> continue pillaging -> disintegrate
Do nothing -> relinquish control -> give up.
Kinda obvious what they'll do.
Don't forget, ZIRP4EVA. Otherwise, the pillaging quickly consumes itself.
ZIRP is the can made for kicking!
IT'S ALL BULLISH AS EVIDENCED BY US MARKETS SOMEHOW MIRACULOUSLY UP RIGHT NOW! YIPPEEEEEEEEEEEEEEE!
Get it yet? They want ECB (the public) to become the bag holders for their worthless crap. Just in time for Xmas too
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.
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.
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
You're right, sell uso and buy ung?
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.
Hey, if it worked for Hank Paulson (and he's not in jail) ...
Just a few more seconds...
NOP, I ABSOLUTELY DON'T GIVE A FUCK!
I'm save, my family is save and I'll move out if the shit hits the fan. Somewhere warm. Azia.
Save Russian Jews. Win valuable prizes;)
I've always wanted to see the South Pacific...
'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.'
I wonder how the take-down of MFG has affected the depletion of physical from the Comex?
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.
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.
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.
correctly spelled as "yeah"
At least we can leave a literate legacy.
Right, cant even get that right oh well are we really THAT much better than the Dodo bird?
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.
all right, never -- maybe better phrasing would have been:
"When will PM longs overwhelm JPM's capacity to control price?
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.
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.
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?
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.
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.
Has the CME lowered Silver or Gold margin requirements since their blitz of raises earlier this year due to 'volitility' they initiated??
Yes! Yes, they have indeed. /unicorns
Say thank you to Mr. Dimon.
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!
perhaps a picture of a clock might help drive the message home
Only if it's a cuckoo clock!
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