- advertisements -
How's that Goldman headquarter in Milan doing?
Mario sure does love 'his' people...
The ubiquitous Goldman... in at the start of the Euro crisis, former employees Corzine, Draghi, the list will go on. The Squid Overlord.
They need to talk to the Bernank. If they take out unnecessary items like food and fuels, and only consider the price of hosuing and of iPads, voila...the situation is handled! We don't see no stinkin' inflation!
I see LOTS of MSM articles these days harping on the shale NG boom in N Dakota, Eastern Ohio, Pennnsylvania and Texas. What is the potential impact of such a hypothetical boom on gasoline prices in the US, the USD and economy in general ? Is that the panacea for all our ills ? Wonder if some oil experts would care to comment..
UK inflation only 5.2 percent
The "solution" will be inflation in the range of 2% to 10% every year until the situation clears. Outrage will be met by lies, shrugs, blank stares and state-sponsored violence.
Underage hookers expensive. Poor bunga. hell be glad he had his ass hair transplanted onto his head a couple years ago already
inflation is a lagging indicator. the eurozone is going to the ice age
With the north atlantic drift almost stoped they will be in an ice age, starting this year.
Last I heard, it was actually speeding up.
Gee, I haven't heard anything about it since 95% of the UK was snow-covered last December, Paris and Berlin airports were snowed-in, and the Alps had record snowfall.
Must be forecasting a warm winter, judging by the nice weather on France's Riviera....
How does one say 'transitory' in Italian?
Transitorio. It is most often combined with the noun, fedeltà, meaning fidelity, and used to describe marriage, financial contracts, treaties, and price quotes.
I have headline fatigue
There's a Blue Pill for that.
Ignorance is bliss, just look at permabulltard posts!
Excuse me...maybe I'm stupid...but doesn't the rate cut reverse the entire long Euro trade? And doesn't that lead to a massive US dollar rally? And doesn't that mean that the response this morning by WTI is...ummm....wrong? And doesn't this mean that the DOW, with all of its weak dollar benefactors are...ummm...now in trouble on the FX component of their earnings?
In short, isn't the entire market reaction to the news that the ECB is now abandoning its one and only mandate is...ummm...wrong?
DTO...just as soon as the delerium tremors commence. Better leverage here.
I can´t understand why Gold and Silver have not trippled this last month with all the news.....the paper money is toast...anyway I look at it...its print print print..
Much more than "you would think." Seems like a lock to me. That Euro should tank...albeit not before criminal syndicate Wall Street bankers convert on their dumb ass equity positions taken yesterday.
ECB is at 1.25%, Fed is at 0% until 2013. I'm not seeing "a lock," but then I don't like either one.
No. You see, the Chinese are now buying the €. Printing = good. Repeat as necessary.
Umm...the Chinese have already said, "No thank you. We are not dumb money." [even though they are the ultimate dumb money]
What they say and what they do is not always the same thing.
The markets (every one of them this morning) look like a crack whore on their last hit. But that's ok I am sure someone will hook them up to a drip to keep the high going.
We should see major delerium tremors today...as soon as that last hit wears off.
We SHOULD, but will we?
once the transfer of wealth is complete, will the markets crash, so those with all the big bucks can swoop in and claim it all!
Yes, same as it ever was. The game is rigged, don't like it? DON'T play.
I can't help but play.... I'm like that retarded kitten that won't leave it alone because it is MOVING. stupid kitty.
As long as you're breathing, there's no way to not play. You may not consciously play, but play you must. That's a fact of life for livestock.
The 2nd largest CB is no longer tightening, yield spread still in their favor.
Positioning still very short EUR.
EUR most likely rises.
I so want to be wrong tho, cos that would mean cheaper PMs.
I think you will get cheaper PMs...those priced in dollars. Just as think the WTI reaction is wrong, so too is the GLD knee jerk wrong.
I think so too, putting my money where my mouth is.
EUR is floundering abit now, but i seriously doubt a collapse to the 1.20s or below that everyone is so convinced off.
It would take a French dwngrd or DMs making a reappearance to smack the EUR, not with Banana Ben and his rate pledge.
I'm buying all PM dips, but the volatility is going to be epic.
It was reported on TV that gold is not backed by the Fed.
Everyone knows to run to the dollar when scared, cuz it is backed by the government.
Yes, you're exactly right which is why I'm scratching my head as well. The only thing I can think of is "low volume melt up" from HFTs
Half life of a Mayfly, I would think.
You would think so ,but this is THE NEW market, so all news is bullish
...until it isn't.
I agree. The SnP pushed up to the 50% retrace of the recnt drop and stalled. I'll never again be surprised by anything the markets do but I'm expecting they realize the error of their ways. Time now to take advantage of it.
I think the reason is: Insanity. Total insanity. The market is in a straight-jacket, crouched in the corner, babbling and giggling, mindless and souless eyes watching the events of the world.
But I could be wrong.
The S&P500 melt up resumes for absolutely no good news.
How about that 397,000 jobs print?? Green shoots
...phewy, don't need no stinking good news for a good melt up. No reason to start now.
DMs coming back would really spice up this party.
Stink bid in for more SPXU at premarket low. My SPXU limit sell filled last night 7:59 EST, like a gift from Santa and the Tooth Fairy . . . luckiest trade all year.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.