Things That Make You Go Hmm, Such As Looking Back At The Key Events Of... 2012

Tyler Durden's picture

With everyone and the kitchen sink busy sneaking away from the trading floor or holiday dinner to pen predictions for 2012 that will "hopefully" have a success rate of at least 50%+1 (or in Byron Wien's case, even just 1%), others such as Grant Williams have taken the opposite route, and in his latest Things that Make You Go Hmm, he has writen a retrospective, from the point of view of a man sitting on the edge of the end of the world, namely December 20, 2012, and looking back at the key events of the year. Among the primary "memories" of 2012 was the capitulation of Germany and the full backstop of the ECB of sovereign debt, the departure of Greece, Portugal and Spain from the Eurozone, the attack by the US of the Bushehr nuclear reactor leading to an oil price surge to $188 and $5 gas prices at the pump, the nail-biting electoral win of Hilary Clinton over Michael Bloomberg, the predicted but delayed municipal bond meltdown, the announcement of QE3 with $800 billion of MBS purchases in February followed by QE4 in which the Fed cut the rate on overnight reserves, this time however promptly followed by a spike in inflation, the parallel surge of gold to $2400, especially after the MF Global whistleblower revelation that gold had, after all, been manipulated all those years, the epic collapse of the Chinese housing market and the economy' hard sinking, and much, much more.

For the full "lookback", read Grant Williams' latest:


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azzhatter's picture

Is Byron Wien still alive? Saw a corpse named Byron on CNBC one day

pendragon's picture

byronosaurus rex from the jurassic era

nope-1004's picture

During this holiday season I just wanted to say to Benocide - fuck off and stop lying.  Also wanted to give my worst to that little pinhead, Geithner, lying sack of shit that he is.  Obama is a first rate loser too, so my worst wishes for all of you liars going into 2012.

All three of ye stooges are ruining the world.  Piss on ya.  Happy new year.


Oh regional Indian's picture

Merry, insightful days to you DCRB.

While the invective is well targeted, I think 2012 is going to be the year of the really big boys.

Havign their pants taken off in public that is. 

2012 is the year of great dis-closure. We have not seen anything yet. TPTB canibalization is on full time in India now. They'll throw the sheep some bones....hmmmm...pointless exercise if you think about it.

But yes, Yewropa down, yewmerica down, Yewstralia down........lot's of downward pressure. 

Any rise is going to be a individual. Good to focus there, the macro events are going to be huge and completely out of our hands.




rocker's picture

Excellent Points Oh Regional Indian.  Just like the Hmmm post points out. Meredith Whitney is most likely right, "Just a Year Early".

Bernanke belongs in Jail. He "IS" Bailing out Europe. Swap Lines are bailouts using tax payer American Dollars. Why does he do this.

The FED is a Bankster Cartel, the Fed is bailing out their banks of foreign soil just like he did here.

Why isn't the Congress holding him to his word, "I will not monetize".   He has lied and his feet should be held to fire.

chunga's picture

Here's a great song for the cock-heads.

99% Choir Forecloses on Bank of America

"The 99% Choir forecloses on Bank of America's Seattle Headquarters whilst caroling about naughty bankers and their outrageous holiday bonuses."

lotsoffun's picture

god bless them for the courage.  poor brian moynihan.  so underqualified - he got the gig because ken lewis deflauted, too early into his apprenticeship.


lotsoffun's picture

dear nope-1004  - as far as obama/bernake/geithner are concerned - as the dentist says 'this hurts me more than it hurts you'.  it's the best thing for us.  besides, we are too stupid too understand any of this and we really shouldn't waste any time worrying about things because they know what's best and have everything under control.  what time is the ???? game on tonight?

solgundy's picture

re-elect Obama.....kill the 1%....bring total marxism to the US

Michael's picture

Some "respected news reporter" should confront Dr Paul on his connection with the Super Brochure. Is this publication his doing? Does he approve of every word in these super brochures? Has he read them?
Ron Paul could say he has nothing to do with those news letters. It's a grassroots operation, and he has to stay at arms length to comply with election laws.
Ron Paul may say he does not disavow any of the content in the current super brochures, not like the last time HeHe.

I'd like to see Neil Cavuto or The Judge interrogate Dr Paul on these Super brochures. Who is doing this and show the people paying for this operation. I want all the details on how they're pulling this off on TV.

Ron Paul Super Brochure Showcased on MSNBC's The Ed Show; Praised by Politico

Clueless Economist's picture

"The only logical way to sove the debt crisis, is more debt"

P Krugman Nobel Prize Winner

TheSilverJournal's picture

That's what Krugman says, he just says it in a more complex manner so it doesn't sounds so stupid. Obama, Bernanke, and co. say the exact same thing too along with every republican presidential candidate for that matter, barring Ron Paul.

redpill's picture

And the "Nobel Prize in Economics" is actually not a Nobel Prize at all like the hard science prizes are. It is awarded alongside the Nobel Prizes but itself is not a Nobel Prize. The real name is the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Yes, that is correct, Sveriges Riksbank is the sponsor, the central bank of Sweden and the oldest central bank in the world. It was coincidentally also the first central bank to set a negative overnight interest rate in 2009. Little wonder that they like Krugman.

hamurobby's picture

YES YES, 7 trillion or so, in $10s and $20s please.

Dr. Engali's picture

Why not just print a hundred billion trillion gazillion? Why stop at a measly trillion? Come on Paul think big.

FeralSerf's picture

Why not just rename the Euro-Dollar (aka the ED) the Googol?  And after a few years, it could be renamed the Googolplex.

docmac324's picture

Inserting "GOLD Bitchez" here.


DoChenRollingBearing's picture

Didn't Williams miss the price of gold hitting $24,000 in late November 2012?  He missed silver hitting $200 as well.  Geez, this guy has a lousy memory...

DosZap's picture


Didn't Williams miss the price of gold hitting $24,000 in late November 2012?


Gotta wait nearly a year to see don't we?.



AgShaman's picture


The "Gold to Silver Bitchez" down arrow Ratio seemed to be out of whack...had to re-adjust it a bit

greenbear's picture

Will 2012 be the year of the Whistleblower?


Breaking News on SLV Trust BNY Mellon in Trouble?


Stax Edwards's picture

Why is it silver and conspiracy theorist are so closely intertwined?

BTW, what exactly is the breaking news?  You guys are delusional.  Jeez.

chunga's picture

Gandalf arrived just in time and tricked the Trolls into arguing over how to eat their captives until the dawn, when the Trolls turned into stone.

greenbear's picture

Are you the person formerly known as Chupacabra?

BrerRabbit's picture

Breaking news is like breaking wind except it smells worse.

StychoKiller's picture

Get thee hence unto the Briar patch...

AgShaman's picture

I'm guessing you got 19 down arrows for being intellectually lazy...and not just a "hater" of silverbugs that give creedence to manipulation conspiracy theories. the regulatory bodies are functioning to protect more than just their Bullion Bank masters.

greenbear's picture

The breaking news is that the trustee of the SLV, BNY Mellon, is being investigated for corruption.  Specifically, the robbing of the pension accounts of their investors.  Don't you think that it's relevant that the "trustee" of the SLV is being alleged to be a fraudulant entity?  Far from being a "conspiracy theory", this is a blaring trumpet about the dishonesty of these banks.  If you can't see the connection, there is nothing more I can do for you.



Johnk's picture

Gosh, I wonder what Abby Joseph Cohen thinks?

RichardENixon's picture

I'm not sure, but I'm guessing she's bullish.

Ned Zeppelin's picture

Are you sure she's a she, and not a he?

DoChenRollingBearing's picture

+ 1  LOL.  It's OK to be mean sometimes!

Ned Zeppelin's picture

Why, bullish thoughts of course - that's all he/she knows. 

lotsoffun's picture

does she still exist?  does formaldehyde work that well?  somebody listens to this?  is lady gag her daughter?


BennyBoy's picture

By November 2012 the Icelandic Krona (ISK) had become the defacto currency for 17 formerly euro countries.

The Rothschild's gladly gave up their sovereignty.

And Iceland was doing secret currency swaps with the USA to help bail them out.

Manthong's picture

"bemused regulators"

Sometimes bemusement doesn't end well.

MFL8240's picture

There is no end to the courrption, fraud, deception and outright fucking theft on Wall Street and in the Chicago sewer, its time to tell these bastards we have had enough with this pile of crap!

All these wonderful articles about how fucked up things are and the crime circus in Chicago takes Gold down $60 in 2 days while the world is imploding. 

JustObserving's picture

And silver down 6% today.  Only $27 billion of silver bullion in this world while US debt and unfunded liabilities grow at $23.96 billion a day (  Something does not compute here

SilverRhino's picture

It's not down, this is the after Christmas sale for PM's .... loving it.

Ned Zeppelin's picture

My guess would be that banks in Europe are selling gold to bolster liquidity other than by borrowing more bucks, or to meet margin calls on other assets. BTFD.

toadold's picture

Ah the joy of dollar cost averaging PM buys.  Oh what a tragic loss I had on my gold purchase but  in comparison to everything else,eh. 

I think i'll just keep on making my monthly buy. 

Town Crier's picture

Back in the day, a threat of war looming and imminent economic catastrophe caused gold & silver prices to rise.

WmMcK's picture

And back in day, the phrase "back in the day" was instead "once upon a time".