• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Presenting The High Cost Of Armageddon Avoidance

Tyler Durden's picture



Courtesy of Bloomberg's Adam Johnson

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Tue, 03/20/2012 - 17:00 | 2274763 catacl1sm
catacl1sm's picture

More like Armageddon Can-Kicking.

Tue, 03/20/2012 - 17:04 | 2274779 SilverIsKing
SilverIsKing's picture

Bush's fault!

Tue, 03/20/2012 - 17:05 | 2274788 Fluffybunny
Fluffybunny's picture

The cost of delaying armageddon.

Tue, 03/20/2012 - 17:12 | 2274817 spiral_eyes
Tue, 03/20/2012 - 17:38 | 2274894 Dermasolarapate...
Dermasolarapaterraphatrima's picture

Federal Reserve link for balance sheet:




Tue, 03/20/2012 - 17:44 | 2274917 max2205
max2205's picture

Where are deficit and fed bal sht futures traded ?

Tue, 03/20/2012 - 18:43 | 2275090 Manthong
Manthong's picture

I'm not sure if this was secretly filmed at the SEC, the CFTC, the DOJ or the FRB..


Tue, 03/20/2012 - 19:21 | 2275212 Born Patriot
Born Patriot's picture

This is a result of multiculturalism. Pure and simple. Man, how obvious does it have to get that multiculturalism has failed for these idiots to WAKE UP. This is serious. We need to take our country back NOW before it’s too late. Vote Ron Paul in 2012!!

Tue, 03/20/2012 - 19:39 | 2275261 Chuck Walla
Chuck Walla's picture

Hey, Multiculturalism works for Quebec, right?  Wait, no, they want to secede. Never mind....

Tue, 03/20/2012 - 21:11 | 2275453 Pinto Currency
Pinto Currency's picture


Armageddon was not avoided.  The banks were bailed out.

Now Armageddon comes to Joe Six Pack.

Tue, 03/20/2012 - 21:29 | 2275512 Augustus
Augustus's picture

Evidently you could not read the Memo. 

The banks paid the money back.  With profit and interest to the US Taxpayer.

Outstanding are the losses created by the dead beats who defaulted on their promises to pay their home loans to Fannie and Freddie.

And losses created by the union plundering of the auto companies.

It's not the banks.  It's you and your neighbor.  When will the plundering end?

Tue, 03/20/2012 - 22:40 | 2275609 akak
akak's picture

In order to be an effective troll for the Establishment powers, you need to be much less obvious and quite a bit more subtle.  Instead of trying to feed us outrageous bullshit that anyone with 1/34th of a brain can clearly and immediately see is crap, you need to start out by gaining our confidence, then posting intelligent and truthful information followed by or mixed with half-truths and devious disinformation.  Then, when you finally end up being challenged by those not pushing an agenda, you have to cry "personal attack!", with subsequent futher misinformation, misdirection, evasions and disappearances.  Believe me, I have seen the pattern often enough here --- the playbook is not really that complicated.  Didn't they teach you ANYTHING in troll school? 


EDIT: What the Hell has just happened here on ZH?  My "Tracking" list within my user profile is suddenly gone --- has anyone else seen the same thing happen?  How the Hell are we now supposed to follow new comments in any of the threads, short of clicking on and plowing through them one at a time?  If this is some new "improvement" to this site, then somebody really fucked up --- this site, or at least the comments sections of each article, will have just been effectively killed if that is the case!


Tue, 03/20/2012 - 22:42 | 2275648 TheFourthStooge-ing
TheFourthStooge-ing's picture

akak said:

Believe me, I have seen the pattern often enough here --- the playbook is not really that complicated.  Didn't they teach you ANYTHING in troll school?

Such is the eternal nature of shilling banksterism.

What the Hell has just happened here on ZH?  My "Tracking" list within my user profile is suddenly gone --- has anyone else seen the same thing happen?

Same here. It must be a blobbing up of technical fuckery.


Tue, 03/20/2012 - 22:52 | 2275666 akak
akak's picture

I am blaming Quadratic Monocot Enhusked Endospermism.

Tue, 03/20/2012 - 22:57 | 2275679 TheFourthStooge-ing
TheFourthStooge-ing's picture

You are correct in doing so. The conspiratorial ties to Elliptical Dicot Racemic Polyploidism are well established. The proof is in the coconutism.


Tue, 03/20/2012 - 23:02 | 2275686 akak
akak's picture

The proof is in the coconutism.

Whose nature is eternal.

Make me laugh!

Tue, 03/20/2012 - 23:42 | 2275732 TruthInSunshine
TruthInSunshine's picture

Augustus works at SockComm, or along with RoboTard in the bowels of the mail room @ Bank of Amerika.

Tue, 03/20/2012 - 23:45 | 2275771 TheFourthStooge-ing
TheFourthStooge-ing's picture

That explains their defiant and boastful ignorance.


Wed, 03/21/2012 - 04:18 | 2276030 The Big Ching-aso
The Big Ching-aso's picture



Avoiding armageddon is a real war effort.

Wed, 03/21/2012 - 12:05 | 2276850 Pinto Currency
Pinto Currency's picture


After the debt bubble was blown by the banks and their captive central banks, the banks were bailed out by the central banks and the central banks and GSEs now hold trillions of dollars of trash.

Now the debtors (Joe Six Pack) get crushed.

Wed, 03/21/2012 - 03:12 | 2275988 kookaburralaugh
kookaburralaugh's picture

+1 /sarc

Wed, 03/21/2012 - 05:42 | 2276080 blueridgeviews
blueridgeviews's picture

I agree, Armagedden wasn't avoided, just delayed. The price for delay will be 10x the economic pain.

Tue, 03/20/2012 - 21:29 | 2275511 YBNguy
YBNguy's picture

Reggie Middleton would not approve.

Tue, 03/20/2012 - 21:34 | 2275519 Desert Irish
Desert Irish's picture

Multiculturalism works in Quebec....you are f'ing kidding? the majority of "French" immigrants make a bee-line straight for Toronto foresaking "La Belle Province". Next referendum should be if we want Quebec in to be part of Canada.... will never happen as everyone already knows what the outcome will be......

Tue, 03/20/2012 - 19:41 | 2275270 Western
Western's picture


Normally I dont log on when im out and just scanning threads on my phone, but your comment is just so incredibly disgusting.

If you're going to troll, then troll.. but if you include Ron Paul's name in every single troll post you make then it's going a bit deeper. A smart fellow ZHer asked if a husband calls his wife fat everyday, how long until she starts believing it?

You're scum and youre not fooling anybody.

Tue, 03/20/2012 - 20:51 | 2275417 vast-dom
vast-dom's picture

agreed. this scum along with michael and econ1996 cheapen zh on daily basis.

Tue, 03/20/2012 - 22:59 | 2275681 TruthInSunshine
TruthInSunshine's picture

There are approx 666 Govt Sock Puppet Trolls that have popped up on ZH in the last month or so.

At least they're easy to ID quickly since they're as stupid as the Costco Greeter in Idiocracy.

Tue, 03/20/2012 - 23:14 | 2275720 TheFourthStooge-ing
TheFourthStooge-ing's picture

"Welcome to Trollco. I love you."


Wed, 03/21/2012 - 09:36 | 2276351 pods
pods's picture

Sponsored by Carls Jr.

Tue, 03/20/2012 - 20:35 | 2275372 Au Shucks
Au Shucks's picture

So this is the new way paid traitors are trying to usurp Ron Paul's obvious popularity, huh?   Act like a Ron Paul supporter and, not unlike the treasonous bill-appproval process currently employed by the CON-gress, bury within that support falsehoods about his positions.  You fail, along with your comrades, to realize that only the most asleep person would take your comment as the basis of their opinion of Dr. Paul... but those sleepers are already YOUR BASE!!! Pure stupidity and waste of human life.

I forgive you for your sins and treasonous acts, simply because you are clearly desperate for the money or under threat.  But I cannot suggest that the angry patriots soon to take back this country will feel as forgiving as me.

Wed, 03/21/2012 - 06:37 | 2276112 Ausmerican
Ausmerican's picture

you cannot seriously think that these trolls would be getting paid (by some govt. agency)  to convince you guys that thier ideas of fiscal policy etc is the right way? your heads are so far up your ass you couldnt tell the difference between your throat and your colon.

Tue, 03/20/2012 - 20:45 | 2275402 tmosley
tmosley's picture

Butthurt liberal is butthurt.

Tue, 03/20/2012 - 20:54 | 2275426 WolfePaq
WolfePaq's picture

BP is an obvious TROLL- everyone on ZH can recognize his filth... the problem is that the general public may not... and like the other post- the geral public may start to believe the continued lies by the media trolls that BP represents.


Tue, 03/20/2012 - 22:24 | 2275620 Schmuck Raker
Schmuck Raker's picture

Yes, it's a shame visitors can't see Up and Down votes.

Tue, 03/20/2012 - 21:35 | 2275521 Crisismode
Crisismode's picture












Tue, 03/20/2012 - 23:34 | 2275751 adeptish
adeptish's picture

@ Born Patriot

Does the Troll want a cookie ?

Feign relevance elsewhere...

Tue, 03/20/2012 - 19:47 | 2275282 RmcAZ
RmcAZ's picture

Symbol: AAPL

Tue, 03/20/2012 - 19:52 | 2275288 stirners_ghost
stirners_ghost's picture


Tue, 03/20/2012 - 18:30 | 2275052 TruthInSunshine
TruthInSunshine's picture

I regret to admit that I feel no sympathy for anyone caught in the next equity big wave down; they're just junkie gamblers.

It only took about 5.5 trillion siphoned off from taxpayers (present and future) to get the U.S. equity indexes back to their nominal 1999 levels (which is approximately 40% lower in real terms; not accounting for adverse tax consequences, survivorship bias, or the oh-so-stealthy ways they have re-jiggered the indexes, to remove bankrupted, vaporized tickers, like GM, where one would have lost all if holding to zero hour).

Good luck at the casino with the worst odds to have ever existed in the history of the world, degenerate gamblers.

Tue, 03/20/2012 - 18:42 | 2275087 shuckster
shuckster's picture

And what would you encourage as a profitable venture? 

Tue, 03/20/2012 - 18:49 | 2275111 noses
noses's picture

Some nice little robbery in the Middle East to get even more Arabs to unite against the USA. To quote Peter Gabriel: "You can blow out a candle, but you can't blow out a fire; once the flames are catching on, the wind will drive it higher…" (if my memory is still working).

Tue, 03/20/2012 - 21:34 | 2275518 Augustus
Augustus's picture

The only things that really unite the Arabs are camel roasts and plugging young boys.  Occasionally they will also form bands to capture and enslave some neighbors.

Tue, 03/20/2012 - 22:46 | 2275657 TheFourthStooge-ing
TheFourthStooge-ing's picture

Lame, Bubba, just fucking lame. Why go through the motions if you're not even going to try?


Wed, 03/21/2012 - 01:02 | 2275812 akak
akak's picture

Augustulus, vipera est, illegitimus maximum est, et non vale anus rodentum est.

"Veni, vidi, trolli"

Wed, 03/21/2012 - 01:06 | 2275877 adeptish
adeptish's picture

@ Augutless


Tue, 03/20/2012 - 18:50 | 2275114 TruthInSunshine
TruthInSunshine's picture

Providing goods and services that are genuinely needed and of inherent value to people who can't provide such goods or services for themselves is always a great thing.

You know; that old "you have something that someone else wants or needs, and they have something that would like or that you need, so you agree on a price that each thinks is reasonable, and exchange it for said good or service."


Tue, 03/20/2012 - 19:12 | 2275177 CvlDobd
CvlDobd's picture

I totally agree to an extent. What of the people who did this and thought they earned the ability to retire in comfort with a diversified portfolio and the desire to live off the interest of short term notes.


For many starting a business just isn't practical i.e. 85 year old Grandma in the nursing home.

Tue, 03/20/2012 - 19:30 | 2275240 TruthInSunshine
TruthInSunshine's picture

That's where retirement planning in the form of savings and sound investing (sorry, but I absolutely do not believe any credible person could argue that placing one's capital into markets as manipulated as the current equity or bond markets is sound) comes into play, but I do realize:


a) few people do this in a nanny state;


b) even for those who were relatively responsible and forsaked consumption to saved what a prudent person thought would be enough for retirement, The Bernank is like the Honey Badger and just doesn't give a shit, and tore all prudent expectations to shreds (until Mr. Market, which is an 800 pound Gorilla that will end up stomping The Bernank, comes into play).

Tue, 03/20/2012 - 19:59 | 2275303 atomicwasted
atomicwasted's picture

Passbook savings for retirement?  At 0.00001% interest while inflation is, even taking the feds at face value, 3-4%?  Do I look like a chump?

Tue, 03/20/2012 - 21:51 | 2275553 BoNeSxxx
BoNeSxxx's picture

The only limitations on your retirement investments come from the tax code as is relates to the custodial restrictions on your IRA or 401(k).

I got tired of watching mine lose value by sitting in cash (although I did make a few bucks playing with GLD and CEF). However, the ZH reports of re-rehypo of gold, etc scared the piss out of me.

I finally found a way out.  I set up my own LLC and found a custodian for it.  Now I have total liquidity and am in the process of buying hard assets with my retirement funds.  It takes a little work but for those of you stuck in a shitty selection of Vanguard MFs and MMs, it is well worth the effort.

If the SHTF, I will soon be able to LIVE insided my 401(k) -- albeit illegally... Not sure that would meet the self-dealing standard but, really, if the SHTF, who cares?  Until then, it will rent for over $2,000/month.

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