Rumor Fatigue - BRIC Buying Half-Life Under One Minute

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Tue, 09/13/2011 - 15:21 | 1664857 LawsofPhysics
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Investigating?  Are there any real human being even left in the building?

Tue, 09/13/2011 - 15:39 | 1664951 Chris Jusset
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I just heard a rumor that Oprah wants to buy PIIGS debt ... we're waiting on confirmation ...

Tue, 09/13/2011 - 15:42 | 1664973 Translational Lift
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a rumor cited by Reuters states that Italy will reciprocate and buy bonds from the BRIC!!


Tue, 09/13/2011 - 15:50 | 1665006 malikai
malikai's picture

That rumor was corrected with a rumor that Portugal/Greece will be buying HARPO bonds. We're certain that this will result in the defeat of eastasia as well as jubilant crowds spontaneously celebrating the increased chocolate rations.

Tue, 09/13/2011 - 16:02 | 1665065 ironmace
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Oceania, we've always been at war with Oceania.

Tue, 09/13/2011 - 16:38 | 1665179 pods
pods's picture

Oceania, Eastasia, seems that as long as they are brown and on top of our oil we have no trouble bombing them.


Tue, 09/13/2011 - 15:45 | 1664988 redagain
redagain's picture

But where is all the money going? (google translated ) (in German) 


the comments. The Comments.

the day that never comes?


That’s all folks

Tue, 09/13/2011 - 15:52 | 1665013 Divided States ...
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QE3 = starting rumors at 3 o'clock on the dot and then letting the robots do God's work.

Tue, 09/13/2011 - 16:09 | 1665061 Spirit Of Truth
Spirit Of Truth's picture

Been a lot of rumoring likely via that giant hedge fund called Goldman Sachs to move the market up by a mere 250 Dow points.  My guess would be that GS has been selling into the strength being created because the $ started to rally and their massive carry trade positions started to unwind.  They needed an opportunity to get less vulnerable.

Just a guess.

Meanwhile, the dichotomy between the EU and US markets grows ever wider:

Tue, 09/13/2011 - 16:35 | 1665170 gjp
gjp's picture

That disparity is crazy, been watching it closely too.  Europe as a whole has better fundamentals than the US.  If Germans do allow Eurobonds and create greater fiscal union than you have something like the US with a much smaller trade deficit and less overall consumer / corporate (ex-financial) debt.  If the weak countries are expelled from the union, the currency is the only one with discipline in the world and Europe is on the way to reckoning with reality while US still stubbornly sits in la-la land.  The true reckoning has to be with US consumption, that is where the greatest imbalances lie.

Tue, 09/13/2011 - 17:13 | 1665275 arizona11912
arizona11912's picture

Euro-bonds to the rescue!!

Tue, 09/13/2011 - 15:52 | 1665007 BorisTheBlade
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Ok, enough of this nonsense, tell them that BorisTheBlade himself is bailing out the entire Eurozone, cited his holdings of gold in Ural mountains as proof of his seriousness. Oh, and he has a printer, that's also important.

Tue, 09/13/2011 - 16:41 | 1665189 malikai
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Ok, but you better be pretty damn serious about your printer!

Tue, 09/13/2011 - 17:01 | 1665235 BorisTheBlade
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You bet I am, if they refer to Ben Shalom as Ben the Helicopter, they will refer to me as Boris the Strategic Bomber, I can cover half of Europe with freshly printed banknotes in less than 24 hours. Please reserve this island for me in the first instance:

Tue, 09/13/2011 - 15:53 | 1665022 Long-John-Silver
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Does she understand she can't eat PIIGS? The extra "I" does not mean PIIGS taste better.

Tue, 09/13/2011 - 16:39 | 1665184 pods
pods's picture

Things keep going the way they are, pretty soon we will all be eating PIIGS, Long PIGs.


Tue, 09/13/2011 - 15:39 | 1664953 mkkby
mkkby's picture

Nobody without a printer is buying sovereign debt.  Ultimately Timmy and Bennie will hold it all.


Tue, 09/13/2011 - 16:56 | 1665139 Soul Train
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Tue, 09/13/2011 - 20:14 | 1665665 max2205
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“China is a poor country with only $4,000 per capita income. To talk and think about China to rescue countries with $40,000 per capita incomes is ridiculous.”

-Yu Yongding, a Chinese top economist and former member of the central bank’s monetary policy committee

Tue, 09/13/2011 - 15:21 | 1664858 GeneMarchbanks
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'Will the AMF be investigating this one?'

As soon as I get this STRIKE!

Tue, 09/13/2011 - 15:22 | 1664864 Popo
Popo's picture

Maybe they're "setting up" for buying European sovereign debt after rates hit 7000%?

Tue, 09/13/2011 - 15:35 | 1664932 SWRichmond
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Brazil seeks reserve currencies with solid fiscal positions

OMFG...fiscally bitch-slapped by Brasil.

Tue, 09/13/2011 - 15:23 | 1664865 dwdollar
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Sawtooth wave?

Tue, 09/13/2011 - 15:31 | 1664901 fuu
fuu's picture

The macro pattern is the same as the nano pattern re: fractals?

Tue, 09/13/2011 - 15:32 | 1664906 Cdad
Cdad's picture

Deploy the crocodile algo!

Tue, 09/13/2011 - 15:35 | 1664931 fuu
fuu's picture

A little low pass filter and a backbeat gets you a #1 dance track in Ibiza.

Tue, 09/13/2011 - 17:08 | 1665263 Lazlo Toth
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+ Guetta. I mean good is good, but too much is too much.

Unless you got Au that.

Tue, 09/13/2011 - 15:24 | 1664868 Long-John-Silver
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I could saw wood with that chart.

Tue, 09/13/2011 - 15:35 | 1664925 NotApplicable
NotApplicable's picture

They way they're shaking the tree, you might not need to.

Tue, 09/13/2011 - 15:24 | 1664872 Belarus
Belarus's picture

OT: Considering the market is roughly flat going in the 30 minute vapor rise, I expect a close near highs for the day. Sigh.

Tue, 09/13/2011 - 15:25 | 1664875 firstdivision
firstdivision's picture

With all the rumors, and oil making a mad dash above $90 for nothing more than Israeli/ME saber rattling while consumption deteriates, makes me wager that we are setting up for a fall next week that will be a repeat of '08.

Tue, 09/13/2011 - 15:26 | 1664882 Long-John-Silver
Long-John-Silver's picture

It will be worse than 2008. All second dips are.

Tue, 09/13/2011 - 15:26 | 1664879 prains
prains's picture

remember a terd has two ends to it, what matters is how long it takes between pushing and pinching (it off).



Tue, 09/13/2011 - 15:29 | 1664890 Long-John-Silver
Long-John-Silver's picture

Turd pushing comes in waves.....

Tue, 09/13/2011 - 15:31 | 1664904 topcallingtroll
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The ramp up starts at the push. The freefall starts at the pinch.

Tue, 09/13/2011 - 15:29 | 1664893 topcallingtroll
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Many a slip betwixt cup and lip.

Ramp is no cinch, between push and pinch.

Tue, 09/13/2011 - 15:40 | 1664962 Bithead1
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My god, that was funny. I almost did the mountain dew spew.

Tue, 09/13/2011 - 15:26 | 1664883 Azannoth
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Cool so now the '3rd' world(the new capitalists) is bailing out the 1st (the old socialists) lol

Tue, 09/13/2011 - 15:35 | 1664928 GeneMarchbanks
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That doesn't make any sense because(in my understanding of capitalism) there are no bailouts. Free to discuss amongst yourselves I'm feeling a little... a little verklempt.

Tue, 09/13/2011 - 15:56 | 1665032 BorisTheBlade
BorisTheBlade's picture

You are right, in that sense pure capitalist is something you can see in the museum.

Tue, 09/13/2011 - 15:27 | 1664884 AldoHux_IV
AldoHux_IV's picture

Sooner or later these hopium wars will end in the realization that the world is insolvent and no amount of excess reserves in any country can prop up the weight of debt around the world so these monetary regimes will fall and crumble.  It would behoove these so-called more 'productive economies' to plan ahead (which I'm sure they are to a certain degree) and not continue to weaken their future position by wasting away their current reserves on untenable situations like the euro or most sovereign debt issues that plague the world economy.

Tue, 09/13/2011 - 15:56 | 1665031 Smiddywesson
Smiddywesson's picture

Sooner or later these hopium wars will end in the realization that the world is insolvent and no amount of excess reserves in any country can prop up the weight of debt around the world so these monetary regimes will fall and crumble. 

Truer words have never been written.  In fact, I would go a bit further and state that the game is nearly over, and they know it, so all of this smoke and mirrors is to blind us to TPTB buying gold.  We are all locked in steerage discussing Greece while they all scamper aboard the lifeboats.

Tue, 09/13/2011 - 16:37 | 1665177 mayhem_korner
mayhem_korner's picture


You've been saying a lot that the smackdown of PM's is correlated with CB and TPTB buying.  Any smoking gun links, or are you just stating what you see with yer two eyes?  I'm curious as I my instinct is you're correct, but I've not connected dots with enough conviction...

Tue, 09/13/2011 - 15:27 | 1664887 Dick Darlington
Dick Darlington's picture

Next in line for the worthless PFIIGSB-PAPER will surely be the cyber buyers from another galaxy.

Tue, 09/13/2011 - 15:28 | 1664889 Nascent_Variable
Nascent_Variable's picture

So, bullshit rumors of ineffective bailouts are becoming ineffective themselves.  I'm genuinely excited to see what they try next.

I wonder if any psychics have weighed in on Greece's future yet.  Astrologists, maybe...

Tue, 09/13/2011 - 15:32 | 1664913 fuu
fuu's picture

Well the TA people are all over it so...

Tue, 09/13/2011 - 15:39 | 1664954 Segestan
Segestan's picture

Don't know, but perhaps the church might step in and edict Honest Accounting as a  ... Vice.

Wed, 09/14/2011 - 07:14 | 1667761 Hephasteus
Hephasteus's picture

Don't know. But I do know some astrolgers that just frikkin nailed the whole Libya thing. 2 months of trouble before they got him and now they are right in the middle of a shitstorm. The people are not going to accept the new government.

Tue, 09/13/2011 - 15:29 | 1664892 wisefool
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Also. If you ever deal with the MSM, They will go cramer on you unlesss your charitable gets nion-taxed on a rusty metal.

Tue, 09/13/2011 - 15:34 | 1664922 Long-John-Silver
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The MSM is becoming irrelevant every passing day. Glenn Beck's on-line network now has more subscribers than Oprah Winfrey's cable show (OWN) has watchers.

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