This page has been archived and commenting is disabled.
Set Your Alarm: Germany's Government Spokesman To Make Statement At 7:30 pm Berlin Time, 1:30 pm Eastern
Ok, everyone can go on that Starbucks run: the market will be dead for the next hour when German government spokesman Siebert will make an announcement at 7:30 pm. No need for any UK tabloids to even frontrun the lies this time around. That said, we are concerned that the news won't be spinnable in a favorable fashion.
»
- 12856 reads
- Printer-friendly version
- Send to friend
- advertisements -
Expect 2.5 hour delay
Sarkozy will name his daughter Angela
Pronounced: un-HELL-ah
Or Helen of Greece
Really it should be Nafissatou Julia
What?! Nosferatu ?!!!
"we are concerned that the news won't be spinnable in a favorable fashion"
I'm concerned that the news WILL be spinnable in a favorable fashion.
So which official will commit his/her nation to a far, bar better thing than they have ever done before and commit his/her people to a far better demise to go to, than they have ever known?
Well...all of them of course. Was that a trick question?
Rhetorical, of course.
At 1:25pm Eastern they will release a statement that denies the release that they would make a statement at 1:30
LOL!
This is really urgent. They need an expert. A real Pro. Has anyone the current adress of Baghdad Bob?
World politics at it's most incompetent. Just a bunch of chimpanzees eating bananas. An insult to the primate community actually. The Chimpanzees have a distinct plan. They are hungry so they eat. The European political sideshow is a mess with no distinct plan. Confused. And structually screwed. No sense of purpose and unity at all. And now the bond market is starting to feed on them and the banks are plummmeting.
This whole thing has been worst then a slow motion car crash. It's actually like watching a guy in a rubber cell smash his head against a wall over and over again....... Absolute insanity absolutely.
Susan Sarandon is a NAZI
I knew it.
She plays evil characters so very well for that reason.
now is ze time on Sprockets vhen ve dance!
Dance Bitchez, DANCE!
RAMMSTEIN BITCHEZ !!!!
ze Sprocket danze is zo eazi it'z like shooting fishes in ze barrel.
"We have a plan to work on a plan that we will announce with no details at some time in the future."
Stocks rocket higher...
"I just called to say hi. Nothing much going on here, same old same old. How have things been with you?"
Yawn.
When I yawn, people hammer me with negative reviews.
Are you using leverage to naked short your own negative reviews?
Wir sind sehr stolz zu sagen, dass Herr Warren Buffett hat der ESFS ein zusaetzlich Summe von EU400 Milliarden gegeben. Deutschland ... uh .. ich meine, der EU is gerettet!
merkels yielding to not have a solution to EFSF and no progress has been cited, how can he not disappoint? 3 trillion euros? He talked it over with the Bernank for some extra cash?
Germany exits Euro. <fingers crossed>
cant happen on a thursday night.. but we might wish for it for sunday post-summit
My prof says Greece will exit. I argued that GErmany would exit first. If I'm right, my prof buys me coffee.
He ought to buy your degree.
Why not on a Thursday? If I was a German any day of the week would do.
Having said that - if he was going to make the "It is with much regret" speach, it would have leaked - at least to the extent that Stocks were a bit more copperish today.
Just because tomorrow is a work-day -- but we would need some HELLUVA party if they announce that. And as Germans we dont just call in sick ;-)
Having said that - if he was going to make the "It is with much regret" speach, it would have leaked
Are you trying to set someone up for a dirty joke or what?
Nothing happens in Europe until forced.
There are many steps that has to happen until Germany feels forced.
France, on the other hand.....
"France on the other hand......."
is fucked either way?
Let's hope they give us fair warning so we can spend / exchange any euros we may have whilst they are still worth something.
Don't worry, you'll have plenty of fair warning before the bottom drops out... just keep waiting.
It will likely just be another don't worry be happy announcement.
Move along people...nothing to see here...stock markets are safe.
Definitely going to be a non-announcement. Something like: Merkozy is getting the band back together, but have decided to only release one detail of the rescue plan each month to make the fun last as long as possible. Then next month it will be once a quarter. Rinse and repeat.
Ich hole ein Bier (Jever).
Good choise.
You left out the "bitchezzz" part...
douche marks, the mark of the beast.
Zer iz no brrroblem in ze UroZohn. We haaf spatzle fur everyone
Ich liebe Spatzle, juuummmm, spatzle unt krauterbutter.
Ja aber wart und du wird goldmark essen.
Bank Run Bitchez!
Your problem Tylers, is that you guys don't realize how creative the market can be when it comes to making a delicious melt up sandwich out of shit and french bread.
It's almost like they know how to turn shit into gold.
The market went Hollywood. I thought everyone knew.
Thank goodness, this market is acting like there is a crisis or something. Finally the government can come in and shed some truth to the masses and calm everyone down...
It could be about Qaddafi (nothing to do with EFSF). Germany is involved in Libya.
Obama will make a statement at 2 pm too.
OLD, old news already. This market moves on 5 second rumors....if its :30 seconds old we're dealing with ancient history.
What is "old news"? Doubts about Sunday’s summit reaching any decision or Qaddafi death?
Are Michele and the girls going to decorate the White House lawn for Halloween with gravestones or do we have to do it?
He's gonna announce that theyre making plans for another announcement at some later date! Yowza! Should be good for +1.5% market wide I'm sure.
Germany is leaving the Euro.
Global Meltdown in T minus - 5 - 4 ... Seriously, Germany will announce some sort of agree to disagree vote of confidence for next Wednesday. It's just never ending until Germany flips the bird at the EU and the ink starts flowing into the Deuchmark printers. It will be short turm pain for them but as Merkel said August 16th "Germany can not bail out the world!"
And, they cancelled their Friday meeting so that's telling. Somethings brewing and it ain't Beer and Bratwurst.
bet he's got the infamous stolen TOTUS's teleprompter!
or
the borscht is ready!
This should help pass the time. So hot, yet so dumb.
http://www.youtube.com/watch?feature=player_embedded&v=q51ld-scMI8
du...du hast....du hast mich
You know what time it is?...
Been a while, but....you know it's coming!
time to roll out the QE3 rumor roadshow.
Rumors of Mountains of Massive asset purchases coming.
Huge HFT boner needs to pop off
For maximum effect, they should release the statement as a Downfall parody
EFSF Kaputt bitchezz, Sarkozy is having a baby this weekend
good god the germans are going to announce support and bailouts for banksters world without end....there will never be a time or place where a bankster will take a meaningful loss....he is a ward and master of the state who can demand without limit the resources of the state to sustain his rapacious plunder of the people....
read g edward griffin's the creature from jekyll island 5th edition to see how the game of bailout is played...something will be extended, pretended, rolled over, restructured, guaranteed, backstopped, nationalized, et. al. but never will a bankster loose interest payments on his loans....
europe is a sacred cow for which german politicians will roll their own people under the bus to save the euro....
They will announce that Gadaffi has been Killed.
If not that it will be of equal relevance.
Starburnt's? For a $7 latte? No inflation here, I'll take a 6 pk on my BoA debt card to go...
Ladies and gents, i´m proud to announce that president Sarkozy agreed to give back Alsace in exchance for the bailout of french banks. Wuhahahahaha.
Sarko thinks Alsace is German anyway:
http://www.youtube.com/watch?feature=player_embedded&v=E-emfzEPVQ0
They don't speak French in Alsace anyways
Sarko does nt know shit about the French...
Starbucks? Hell, let's back 'em up three deep at the martini bar. To hell with Friday!
Going to be something that requires gold to be sub $1,600...
OT: Sarkozy Baby News: Reuters reports that the "Sarkozy" baby is 25-years-old, weighs 142 pounds, and looks like Mick Jagger. Sarkozy not amused, nor reassured by Carla Bruni's protestations of fidelity. Paternity test scheduled for Sunday. <fartz>
Place your bets Bitches.
SocGen short 3....2...1....
"And now back to our regularly scheduled market melt-up."
Has the announcement now been cancelled? See RANsquawk...
Why 1:30? So the Crimex will be closed and they can hammer gold and silver in low volume to show the world that paper currencies are safer? "See? Don't buy gold and silver, they are too risky! Buy paper currencies! We can print all you want!"
Must be good if the GS and Latour HFTs are front-running it upwards.
No matter what he says, the Euro will go up. That is my prediction. He could announce a giant earthquake and a giant tidal wave had just hit Berlin, destroying all economic output, and that they were having a nuclear meltdown worse than Chernoyl. The Euro would go up. Wait. That happened once already.
i love it the banks all rally because everyone thinks that someone else has early info on the announcement
The flea circus needs another 7 days to extend & pretend.
t minus 15 min until...nothing happens.
imagine telling your bookie you need just a little more time honest......
It would be awesome if some low level beurocrat rolled up to the podium at 7 :25 and announced himself as leeroy jenkins.
Where will that anouncement be broadcast?
No matter what happens, stocks will go up.
Bad news = "Bernanke will print!"
Good news = "everything is fixed!"
I highly doubt Germany is holding a press conference to announce the end of Western civilization...
you know I thought for sure the insane philly beat earlier would have sent the markets into the stratosphere, but it didn't.
getting harder to predict what "news" will have what effect on the markets, guess we'll just have to wait and see...
I thought so, too.
I figure any manufacturing increase is temporary/Christmas season related...no? Temporary employment will probably pick up next month, too. Might skew reports.
it looks like we're running out of greater fools...
I highly doubt Germany is holding a press conference to announce the end of Western civilization.
I completely agree. It's like like there FD here. Plus, why in the world would they basically announce today the whole thing is fucked? It's waaaaaaaay too early to show your hands. Insiders already know, EUR/USD getting a bid, stocks, qqqq up 1% off it's low within 15 minutes. Unbelievable.
Please be aware that annoncment will be by Rammstein and gang.
"We are living in america..." CocaCola wander bra.... after that expect euro to take off like Space Shuttle Challenger
I told you so over and over and over again.
I can make the announcement 8 minutes early.
Germany is not going to pay. End of story.
they have no choice, if euro falls they are going down first... no1 to export.
JA, BITTE!
And no, we can perfectly - after some adjustments - care about ourself without being overdrugged with exports..... one of the reasons is: We managed to do that in the past just fine. After all, all that would be neccessary for a healthy domestic market, would be a population that isn't broke, BECAUSE of the export-mania.
Quite the contrary. If the Euro falls the Germans make out like bandits - obviously since they´re very dependent upon exports.
O.O
Okay, please explain this to me. There are two things that confuse me about it:
1. How can lending to others, so that can they buy one's own goods.... result in "making out like bandits".... and not instead..... umm, something like the EMU :)
2. A pusher needs overvalued crackwhores.... after all, the discount of the own workforce, is how he attracts so many exporters (he's basically selling out the population). So if the current crackwhores in the EU, are allowed to leave, how does that not reduce the supply of crackwhores? :)
If congress/sec(hah) really wanted to study if HFT hurts the market, they just need to study the last hour of market action.
Greece no get moneys.
Apparently it´ll be nothing and the market will quickly drop back to where it was an hour ago.
Of course, the US stock "markets" are the most disconnected from reality of them all. Las Vegas, Wall street, do they really differ that much?
oops. Phone service has been canceled in Euroland, we are working on the problem. Oops, now the net is dark. Oops, the banks have closed. Oops, tanks in the street.
Looks like Goldman Sucks got a sneak peek at Seibert's statement.
Well the market seemed to like the announcement of an announcement. We had a nice 100 point no volume rally and the losses in oil have been halved in the last hour.
So do we get a disappointing announcement or an announcement that the announcement of another announcement is back on track?
God this is getting old.
Once again ORS is rallying off some cloud or unicorn farted dust. The jump looks exactly like the stair step algo pattern of the market recently. ORS must be a Fed owned transfer vehicle.
Nachricht: "Wir brauchen mehr Zeit."
They need to put Goebbels back in. That'd be more entertaining.
Is the announcement live? Is there a link?
Any links to the statement?
anybody wanna just summarize what they say if they actually SAY something...
Momo favorties have pretty much all reversed so someone obviously got a nice peak at the memo. Or some serious shorts were just set up.
Neither, just gambling addiction.
I don't think so...just a melt-up to get the put buyers out so they don't make money before expiration
http://www.bundesregierung.de/nn_1272/Content/DE/Pressemitteilungen/BPA/2011/10/2011-10-20-seibert-eu-rat.html
Basically they plan a second meeting until wednesday to agree on the package.
Wow, that was a big announcement...another meeting...phew, sure does support a 40 minute 90pt rally...love this roulette table
OK - Octoberfest time!
looks like they are agreeing...to have another meeting on Wednesday.
My theory is this all of this wavering is a massive habituation campaign...so when things actually tank, we shrug it off. You've seen investors shrug off a lot in the past month, so I think it's working.
Man I've never seen humans react that fast to anything. Oh yeah, there aren't any humans left trading the market, rally halted. Now lets see how many words the algos can take from the announcement for a 3:00 pm rally.
wait I spoke to soon its a wiggle pattern back to the day's high, which way will the sucker break?
once again just when you think things couldn't possibly get any more retarded- this from marketwatch
BREAKING
Stocks rebound after report on EU summit plans
Market Watch is THE WORST.
If the HFTs have an algo that buys on the word "ehrgeizig" then we will have a rally. "Die Bundeskanzlerin und der Staatspräsident sind sich vollkommen einig, eine umfassende und ehrgeizige Antwort auf die Krise zu geben, die die Eurozone im Moment durchlebt."
Unfortunatelly, the press release contains almost ONLY rethorics..... the only 2 facts in it are:
- They will meet again on wednesday
- They "would like" to agree on the packet then.... you know really really really like...... like.... today.
Short version: Talks broke down. Next try wednesday. That is all.
dunno about the main market but PM's aren't looking too hot
It only matters if you bought yours as an investment to flip.
The real price of gold is ~3x spot...that is what the government would charge if they confiscated it/fiat currency failed. PMs are suppressed for various reasons. It's not even worth looking at the price unless you bought it as an investment to resell.
It also matters if you wanna buy more next dip...
That was a non event....
There was no silver bullet. Due to a shortage of PM silver bullets are in short supply. And to make matters worse, they used up most of them recently in Pakistan and Libya.