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Draghi is so full of shit
it's official ... Elmer Fudd is in charge of fixing Europe ... "just let me get that silwy wrabbit first and then I'll be wite on it" ...
VIX is down.... WTF!
Blew a snot bubble on that video.
Who's your duddy?
Shorts that bought early this AM getting taken out to the woodshed!
that video is an epic --- i see myself in that situation sometimes, just sent it off to my friends
The only way that video could have been any better is if the missle had actually gone backwards out of the tube. Kind of like the French Army in just about every major war in the 20th century.
There's an old story floating around the Canadian army that an officer in Afghanistan once took an M-72, which is a shoulder mounted recoiless rifle, put it up to his shoulder backwards, and fired it off. He was known from then on as Capt W-27. Pretty sure he left the army after that.
We only get snapshots of the Fed's and ECB's balance sheets. We can only assume what size the are on a dialy basis. We don't know how much they lend day to day, or what the collateral is, so there are many things they can do to maintain the status quo.
There are also such groups as the President's Working Group, which is headed by Geithner and Bernanke, that include Hedge Fund managers, that place bets using Treasurie monie and Fed monie to do things like bring the VIX down on days after the Fed and ECB said they see a slow recovery and have tools waiting if needed.
It is all jawboning, and while all of you focus on the words, the system continues to rape muppets and pillage the middle class of their hours spend working on the corporate farm.
We have one chance to take back our rights and that is by taking control of the money supply. Money for thousands of years was gold and silver but that changed by the decree of the banking class under FDR and then again under Nixon. And by the way, all Central Banks still hold gold as a reserve, so even though you may not think gold is money because that is what you have been told, they do think gold is money and prove it by using it as such.
So take back your right to sound money. End the manipulation of the fiat system.
BUY SILVER
BUY SILVER GOLD
Fixed it for ya.
SPY puts > VIX. Always, everytime.
WHO FUCKING CARES?! WHY WOULD ANYONE CARE WHAT THEY SAY ANYWAY?! THEY ARE LIEING THIEVING BANKERS!
You must be Amish.
LOL
hey vcd63, fuck you, I could fix Europe better than any Goldmanite.
So you are not a Fudd Dudd?
LOL!! In a sea of red, the fucking vix is red too..
Not anymore, the Red Sea is being over-run by an army of green algae, now its turning into a swampy quagmire. No wonder the VIX was red even as the markets tanked. Pure manipulation.
VIX futures spiked momentarily at the open until they got the memo. What a joke!
Way to crib from Market-Ticker.org.
http://www.market-ticker.org/akcs-www?post=209570
edit: at least give Karl credit - he had this posted like an hour ago.
Karl used to borrow a lot from ZH without saying anything
Tho this is the 3rd time recently I've noticed ZH borrowing from Karl Denninger
Guess they are borrowing buddies now
Karl is over at my place every-other day wanting to borrow some gold.....it's starting to get a little annoying.
It's just fascinating to me how some (Karl Denninger, Nicole Foss, etc.) can recognize the same problem as others (e.g., Kyle Bass, Peter Schiff, Marc Faber, Jim Rogers, etc.), but the two camps see completely different outcomes. I know nothing...but it seems to me that the deflationists actually think that eventually the gov't and central banks will act in a sane manner, while the other camp thinks they'd rather be Zimbabwe than have deflation. Perhaps the truth is in between, but I don't think it's in the middle. I'm erring on the side of insanity.
Actually, Zero Hedge gave full credit where this came from at 7:45 am, or about an hour before it appeared on some other site we haven't visited in about two years (which incidentally gave zero credit where it pulled it from).
Well.......at least it shoots.
We'll work on distance next.
....that was the short range model....when you take on a tank mana a mano...
May as well adopt the old Soviet anti-tank dog at that point.....
It's a French weapon, no? I expected the missile to come out the back instead.
Used French military riflles have always commanded premium. "Never used, dropped once"
That weapon has clearly worked. Much like QE1, QE2, OT, TARP, TALF, HAMP, shovel-ready stimulus, etc., etc..
In soviet Amerika, weapons shoots you.
Heh heh.....never gets old.
Exactly. One can see just how that launch instantly stirred-up everyone within range.
As always, it's not the action, but the reaction that counts.
Activation energy, FTMFW!
It's a facial rocket.......
Looks like CADPAT, so probably French Canadian Infantry. I used to be a Dragon gunner many years ago. This is indeed an "Oh Shit!" moment. I laughed anyways....
They're doing it wrong! Everyone knows the proper way to operate any French military equipment is to lay it on the ground and stand behind it with both hands extended high into the air.
Ohhhh, like the French did in financing the American Revolution? Oh wait......
Everyone including a large number of Colonists expected the British to win as they always had. This required that they be supported by the French.
Hey, if it weren't for the French during the revolution, we'd still be speaking....English?
The French and the Dutch poured what nowadays can be considered the equivalent of billions of dollars into the American Revolution. Of course, if they had known back then what it would accomplish for the future, they would have given it to the British.
Thanks for the laugh.
Is it any wonder the most respected French combat unit is called the Foreign Legion?
dup
One look at Karl's hair should give anyone pause.
Well, it IS a natural, I thought of that French army video about 5 seconds after I read the Draghi summary on BI - it has been around awhile.
Now we know what a soap opera written for the Three Stooges would sound like.
Soon, a Summit to finalize the plans will be announced! (After all the *cough* leaders get back from holiday.)
This is fun.
http://www.quantsig.net/img/fx_eurusd.png
http://www.quantsig.net/img/indx_sp500.png
http://www.quantsig.net/img/indx_dow.png
More shared content with TickerGuy, yet worlds apart on the ultimate outcome (inflation/deflation).
Epic, I need to clean my laptop now.
It was like someone dropping a turd.
QE Duece. Dropping a QE? Who QE'd in here? I just QE'd me pants.
Its a joke, I mean it would have been so much better if the ECB printed loads of money to monitise the debt of countries that over spend like the UK and the USA do.
That the MSM believes Draghi could do anything without the approval of Germany is the real joke here. Even today they are STILL spinning the story as "ECB vows to work with governments to buy bonds." Seriously?
How can you be surprised? Crazy people do the darndest things.
Like type "All work and no play makes Jack a dull boy" 50,000 times.
:)
pods
Every few lines were, "All work and no play makes Jack adult boy."
The movie is all about gold.
.
...and redrum.
And the deewdoog.
And the lulz. Don't forget the lulz.
What's a zlul?
No comment? He belongs in jail. How much do you thing Goldman made off this slimebag criminals's pump? To bad we don't have an SEC, FBI or DOJ that will prosecute the banksters who have taken over this country and all of the West. It's like the mafia won -but the new mafia dons-the gangsters -aren't catholic.
Oh, yes, they are. And also cryptos.
Speaking of duds, about those earnings from GM...
beating expectations, all the way down...
set the bar on the floor and even a pygmy can jump over it
And don't forget kiddies, the sales numbers reported by the auto companies are what they push out the door to dealers, not what is sold to the public as is often pointed out here. Plus, their newest bright idea is writing loans hand over fist to the sub-less-than-un-creditworthy.
Say, haven't I seen that somewhere before and they got GobsMACked
Sorta like California budgeting for FacePlant to be trading at $45 for budgetary purposes.
Or the GSA giving out $44MM unreported bonuses.
Or Knight Capital "installing new" whatevers (glitch)
Or oh, never mind
Link pls?
Something wrong with your Google?
This article has projections at $35-45.
http://www.politico.com/news/stories/0512/76640.html
My google-fu was weak this morning. Thanks.
Yes, someone at a dealership talked my granddaughter's friend into buying a brand new car with payments of $300.00 a month. She had a couple of thousand bucks and she was looking for something used. It was beyond her wildest dreams that she could slap down her money and walk out with a brand new car. She is single with a child and doesn't even have a full time job. This kid has nothing, not even an apartment of her own. The day after she drove it off the lot her hours were cut to 12 a week. This is going to end in tears of course. It reminds me of the old story of the kid who sold his mother's cow for magic beans - without the beanstalk and the happy ending, of course. The end of this story is the kid is out her money and they will reposess that wonderful new car so she can't even get to her 12-hour a week job.
Not so good for a one legged limbo dancer,which sums up GM.
Market falls apart, traders say, oh shit MOAR QE! Fed ecb 2 thumbs up. World falls apart, traders say, oh shit MOAR QE! Fed ecb lol.
At the end of the day with interest rates nailed down at zero people will be forced kicking and screaming into something risky.
risky like gold? :snark!:
If they aren't in now they aren't going in. People will continue to put money into tangible assets. The stawk racket is dead as well as the bond racket. The baby boomers ar going into capital preservation risk off mode.
So does this mean we have another 40 SPX points to go?
Hey Karl GOLD GOLD GOLD GOLD GOLD.....
kISS MY BALLS KARL.
Tell us how you really feel...
You must really want them kissed pretty bad...
re the ecb santelli just said: "where's the beef?!" lulz
btw, kd is an idiot imo. wrong about bonds, wrong about gold, wrong about the stock market, wrong about politics, wrong about everything. keep trading 'til it's all gone scooby doo.
Mario, you are a Plonker!
But David Brent is not.
http://www.youtube.com/watch?v=bMpmazP7aa8
At least the Canadians got the troopies and the damnable French thing to the range.
Which also reminds me of marching Italians.
As Tony Soprano famously said; "There's nothing so useless as an empty gun."
Nice Mario, real nice.
Another job well done Brownie moment
There is something scarier lurking beneath this. The central banks are beginning to realize they are out of bullets. Either that or very low.
No they're just liars. The money supply grows on a daily basis. They're in the markets on a daily basis. What they're doing is keeping prices low while they continue to print. Oh look at that. Nasdaq up 10 points. Its not magic. Its just deception.
Ding...ding...ding...we have a winner! Give Dwayne a cigar, he got the answer correct! What was the question, you ask? It was, "What is prestidigiflation?"
http://en.wikipedia.org/wiki/G._Edward_Griffin#The_.22Mandrake_mechanism.22
And believe me, it will be enough?
It's like when Charlie Brown got a rock in his Halloween bag.
Jim Sinclair now found curled up in the fetal position with his 43 dogs
Say hi to the cats for me Robo.
Robo has got to be hot, I mean, look at her personality!
pods
No surprise for a country who's national motto is "We Surrender".
Now, that was an AT shell to LOL about..
OT:
General Motors Earnings Fall 41%; Better Than ExpectedXRT now green.
Wal-Mart, Target, Home Depot left completely unfazed from Europe's problems.
All near 52-week highs, with Gap and Macy's surging today to keep up.
Nothing can stop the U.S. Consumer.
Yup, EBT cards got reloaded yesterday.
I've heard that the EBT loading schedule has changed...instead of consecutive days by last number of SSN, it's now every other day...
ROTFLMAO
Sorry boys these mofos are still winning:
1. Go long
2. Lie
3. SP +80
4. Admit lie
5. SP -40.
French Fried. Fucin RUN!!!! I don't know how to say that in French..
Must watch: http://www.youtube.com/watch?v=H6GG_ex_ZAI
IBEX down, Spanish yields up. In Draghi's defense, it won't do any good and Germany would be pissed.
http://confoundedinterest.wordpress.com/2012/08/02/ecb-follows-feds-lead-how-about-no-but-maybe-later/
EVERYONE STOP. If you look very closely there is in fact a very, very small enemy tank 3 feet in front of these guys. It was indeed a direct hit.
The target was his foot.
One Strange "Market".. the Dow is Down while the Nas is Up with a declining Vix.! It could only mean... Bernank to the rescue!
I'm expecting bennie boy to come out at his next press conference and start tap dancing.
Are they trying to get us to laugh ourselves to death?
Can he wear a tutu too.
Am pretty sure I would laugh at that.
Kind of off topic, but a recenlty discovered personal favorite (H/T Greg on KahrTalk): http://i45.tinypic.com/mt7dk3.gif
Does Viagra help with this kind of thing?
Yeah, MsCreant, long time....hope you are well.
AHHHHHH!! Gordon, sweetheart!!! Where have you been?
Hope you can hang out a bit and rock the house!
Someone go find Chumba. PAAAAARRRRRTY.
Oh shit. You're here. It might really be the end game....fuck.
Love you Gordon.
Send me an email at gordon.gekko.gg@gmail.com. There's something.
I'm planning to post the relevant material on zerohedge but can't seem to find the time...
HAHAHAHHHHAAAAHAHAHAHAAA!
Our "civilization"!!! It's a fucking joke to call this pile of SHIT a "civilization".
I have the next 10 minutes of this video showing the French surrendering to a minefield!
I think that is an improved version of this.....3.05
http://www.youtube.com/watch?v=9V7zbWNznbs
It's the French retreat excuse! Our missle mis-fired, therefore we had to retreat and not fight.
French Military prowess jokes always get a laugh from me.
That is one EPIC FAIL! LMAO
With such stunning weaponry prowess in combination with their epic Maginot line, the more stunning prowess of French women will surely be safe from the barbarian invaders...
All is well, markets are rallying back. Nothing to see here.
LAST FRI (7/27
i called the TOP of gold @ 1630
http://www.zerohedge.com/news/what-does-gold-know-all-other-asset-classes-dont#comment-2656632
and i shorted HEAVILY spx @ 1386 within minutes!! been riding ever since...shorted EUR @ 1.232..missed the peak @ 1.24, was doing something else
http://www.zerohedge.com/news/visualizing-todays-last-second-60000-e-mini-contract-wipe-out?page=1#comment-2666831
will keep RIDING til next week when @ sub spx 1300. cover shorts b4 dead cat bounce and re-short and ride til sub 1100.
Meanwhile, JPM uses your own "sequestered" margin funds to work against you.
Or do you believe you've got the inside info they lack?
Sounds like a winner to me!
Spanish yields are now over 7% ( 7.045)! Nice work, " Dragya ass" !
http://www.traddr.com/forum/topics/market-overview-by-fxcc-aug-02-2012
Shock & oh la la ! (awesome!) But the old fashioned tank neutralisation method is still the better approach, if you can get them to open the tank hatch, http://www.youtube.com/watch?v=0eaLp2qs-Fk&feature=relmfu
The Dow shot up 100 points, the Nasdaq shot up 35 points and the S&P shot up 10. All at 9:33 on the dot. Looks like the PPT got called into action. After "The Speech" they were ready to hit the big green button.
More algo bullshit.
Nice clip. I want to see the French fight these guys, with the French rockets and these mortars it should be an epic struggle.
http://www.youtube.com/watch?v=dDDGIW_sXvc
Well at least they were not singing "bye bye miss American pie".
Hmm. I thought it would shoot white flags.