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Today's Carnage Through The Eyes Of Goldman
Since Goldman continues to press clients into the worst trade recommendation in the firm's history (remember that once in a lifetime long equity, bond short? no? look here) it means that at least the Goldman version of Bruno Iksil who sits on the firm's prop desk (but only hedge for god's sake, don't go getting any ideas) is having a great time since he is on the other side across from Goldman's clients. Still, while we won't feel bad for them, it is always interesting to note what are the things that Goldman watches for during market wipe outs, such as today, the worst day of trading so far in 2012. So without further ado, here is Goldman's Tuesday roundup.
From GS sales/trading
- Stocks lower, again. Fifth day running. Europe is again the catalyst as the damage done there makes US violence look like a minor scrape. Italian bourses down almost 5%, and same goes for European financials. Spanish banks now back to last year’s lows and SX7E not too far from the same. Cash flow reasonably balanced, but ETF flow much better for sale – which follows notable buying of downside protection yesterday. Heavy flow clearing today – NYSE volumes 30% above 10, 20, and 30d average. Not the most relevant line, but SPX broke its 50d moving average. Not too far now from uptrend support drawn from the October lows. That comes in around 1350 (cash). SPX closes down 24 at 1359 (-1.71%). The DOW closes down 216 at 12716 (-1.65%). The NASDAQ closes down 56 at 2991 (-1.83%).
- The VIX up another 1.6 to 20.4. The VIX term structure flattened pretty significantly – today the front month VIX contract (Apr) closed less than 1 point above spot (compare to mid-Feb when front month VIX traded at a 5 point premium to VIX spot).
- Owned positions under significant attack in FX today, led by MXN. While USDMXN up 1.5% makes sense in the context of stocks down a similar amount, that damage was done prior to 10am EST when US equities started their decline. USDZAR too had already made an aggressive move higher. Contrast with AUD where losses were more modest. AUD in fact outperforms CAD (ie, AUDCAD higher), which is quite rare for such a serious risk-off day. Relative EUR outperformance even more significant / surprising / frustrating. EUR lower is the opposite of a pain trade, something of a pleasure trade – many winners and few losers as EURUSD trades lower.
- Another day, another rally for the US rates market. The tone was set overnight as peripherals opened up weaker following the holiday weekend, and Spanish and Italian yields continued to push higher over the course of the day. Bunds, Gilts and USTs all rallied in due course and ultimately the 2.02% resistance level in 10y USTs failed to hold. Spreads also widened again, closing as much as 2.7bps higher in 10s. While we saw better receiving over the course of the day from a variety of accounts, we also saw some stabs at reinitiating shorts at these levels from both levered accounts and real money.
- Copper the story in commodities today - $8088 was 3m copper’s 100 day MA and is now history and again on volume. Some shorts squaring up late in the day given size of and volume behind this move and thus the potential for a snap back especially given the potential for further LME/SHFE covering that was seen last night. Other highlights - gold up 1.2% and silver up 0.8%, WTI down 1.5% and brent down 2.5%. In our new energy weekly we reiterate our long Sep12 WTI as we continue to expect the Seaway to debottleneck Cushing, with WTI-brent spreads narrowing in line with pipeline tariff economics.
- An active day in credit with two way flow from fast money accounts with some better buyers of protection. IG closed at 104.75 and HY closed at 94.75.
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Through the eyes of Goldman: "Oh, there's my straw. Wow, check out that bitch. Did I order her?"
"So which sovereign nation is next to have an ex-Goldmanite technocrat installed as its PM?"
Amerika.
We already have one installed.
Yes, but there is that little matter of the election. Do we have it or should we do away with antiquities? Voting is so last season.
I'd actually love to see that happen, just to find out how many people don't even realize that elections have been eliminated.
I'd wager 40% of the population wouldn't even bat an eye as they scan their teevee menu to find the next Kardashian show.
Well TPTB are already floating that idea. Just fucking take a look at Europe.
Headline after headline each and every week, how great it is for democracy to be thrown to the way-side in favor of unelected technocrats. It's better because these guys prevented another great depression [that they created].
Nice observation, Severin.
The old "Problem reaction solution" approach has worked wonders for TPTB for quite some time, hasn't it?
It has. As has the hidden in plain sight tool.
I routinely show friends, families, and people I've just met articles, clips, movies, etc. where global government is openly talked about and promoted. I show them reoccurring Illuminati/Satantic symbolism in mass media...And all the time, they dismiss it, arguing it is either entirely coincidental or "if it was some great conspiracy, why wouldn't they hide it?"
I even had one friend (now ex-friend) tell me that subliminal messaging and the subconscious do not exist...I simply asked him to explain using sex in advertising (something that is common knowledge) and he told me that I was wrong, and he was right.
Incrementalism is also a powerful tool for the elites. Just look at the type of shit that's on TV these days. It's getting dumber and dumber and more sexual and sexual. 50 years ago did we have shows like Jersey Shore, where people have no problem fucking each other or urinating in public? Did we have movies like the Hunger Games where little children violently murder each other?
She isn't perfect, but she's nailed a lot of what's happened in our recent history. It's called "Disaster Capitalism." http://www.naomiklein.org/shock-doctrine
She explains better than most how 9/11 and the '08 crisis were used by the oligarchs to solidify control.
...or you could check out this equally interesting site.
http://vigilantcitizen.com/
VC is fantastic. Also Michael Tsarion and Jordan Maxwell. Superb insights.
Perhaps the title of this piece should have been: Today's Carnage Through the All Seeing Eye of Goldman. ;-)
This is called turbulence testing.... and this kind of volatility is coming to the PM market too. Great time to be alive and trading if you know your stops and are in paper PMs.
ori
/unedited-stream-of-consciousness/
I've just about finished The Shock Doctrine by Naomi. Interesting read. Kind of puts a bullet through the Friedman/Chicago School of economics and exposes it for what it is, and it feeds right into the policies we see in the US today.
Agreed. She sees the forest like few I've read.
https://www.youtube.com/watch?v=nSdz7OFZWkw&feature=youtube_gdata_player
Hunger Games is a ticking time bomb for the ruling aristocracy. Just watch. It's coming.
Agenda 21 fits the model nicely.
You mean Survivor will become more brutal season/season if ratings decline?
Jesus God, man....
The elections already have been eliminated.
Do you really think for a moment a blank slate versus a died in the wool banker's friend is the choice of the "people" through a purely democratic ground swell uprising of the talented, gifted, altruistic states-persons?
WTF?
The decisions have already been made behind the scenes (used to be called smoke filled back rooms) as to who is gonna be running on the red and blue shirt teams in the one game controlled by the commissioners comprised of the monied parties.
Elections have already been eliminated.
Get a fucking grip.
Knuk....I greened ya only because I disgustedly must agree
you can always vote for Ron Paul. no law yet says we have to vote for one of the CFR puppets.
one word. diebold. its over.
Bingo, we have another winner. John39 wins tonight.
In the end, America is just getting precisely what it deserves. Obama today is behaving like Hitler, except he's black and trendy. The idiot sheeple that are tired of Obama (and were tired of Bush after they were tired of Clinton, etc) are now gravitating toward Mittens Romney, who is exactly like Obama, except he's white and not as hip. He's on the same page as Obama on every single fucking thing that matters and only differs with him slightly on some minor social policies.
We are literally living in the Matrix. The sheeple are so wholly dependent on it that they will fight to the death to defend the very system that perpetuates their enslavement.
1 junk. Obama must have finished early on the golf course.
2 junks. Biden pulled up ZH on his I-phone on his train ride home.
I junked you both for thinking you are more enlightened than other people. Exactly what are you doing to make any real difference that the regular person is not. Posting on a group-think website? ZH has been taken over by young, whiny, and worse, unlikable lemmings. There, I feel better...and yes, I am moving on from this site...it takes a little time to accept the new reality, but I am mostly silent here now. Bite me.
Not that it's any of your business, but some of us also do shit beyond posting on ZH and we find this an entertaining outlet for political discussion. By the way, nice Hollywood handle. Who is the lemming, asshole?
since when is viewing lemonparty 4 times a day considered "doing other shit"?
So a self admitting do nothing is blasting others for doing nothing (which is a pitiful assumption)...talk about the height of hypocrisy.
I won't even get into what I do on a day to day basis.
I don't believe you.
My final, I hope, +1 for effective caustic humor. Well done.
You are a loser.
Self-evident piece of dog-turd.
But then, that was what you were trying to portray, was it not?
Loser.
That hurt because as you can imagine, I highly respect your opinion. One question: Do you think I am a loser. It was a little unclear you wordsmith.
P.S. Good biography link. http://www.youtube.com/watch?v=iqnMrynpq9U
Asshole. I hope your acting out here is not misplaced Blue Team tribalism. Steinbeck was angry at the system, not a particular political party. And his primary protest outlet? Writing.
I expected responses that would confirm my observations, but almost ALL of you exceeded my expectations! Thanks.
When I was young we had role-models like The Clash. I'm not sure what you folks have.
But since you decided to stalk my "bio" page, the video is meant to reinforce the Biblical passage. It may take half your life, or more, to understand. Good luck.
Sometimes this says it best.
http://www.youtube.com/watch?v=ZFvdpE3YUfM
Meanwhile, you put me to sleep. Even though I am now pretty sure my opinion doesn't matter.
That would be the downside of "thinking you are more enlightened than other people." Hypocrisy. It's the new white meat.
And this reminds me of you:
I'm all lost in the supermarket
I can no longer shop happily
I came in here for the special offer
Guaranteed personality
http://www.youtube.com/watch?v=dz50N2_tCCg
You somehow think your expectations matter....
And yet I still respect you. I guess you "win" even though I somehow know that doesn't matter Good luck.
No need to win. Nice try at the holier than thou shtick though. Coming here to rile up posters does what, exactly, to meet your own expectations or to create the change you might want to see in the world?
I didn't say I had no respect for you, that is your own stuff to work through. However, another person's opinion, especially on a message board, is not my reality. By the way, did you list any expectations? Or did you just assume we should all live up to your expectations as you imagine them in your mind? Do you have difficulties in your relationships? Especially with the opposite sex?
My comment about expectations was posted to see if you are as "enlightened" as you indicate in an earlier post. Perhaps you have more to learn yourself instead of trying to tell others how to change the world in a manner that meets your expectations.
First of all, at least I know I have a lot to learn.
And I did not list any expectations. I'll give it a try:
ZH has mapped out the system that has ruined the future of this Country. Even they are getting tired of explaining it, hence the "B Team."
Now I am not willing to join street protests to help educate the angry. I admit it. I am unwilling to give up the money it would cost me. That is one reason I know I am no better than anybody else.
But why won't anybody?:
Explain to the young people willing to protest that Democrats and Republicans are the same thing.
Explain to them that CB's starve people, for real.
Explain to them the entire long-term plan to enslave the lower-middle class in a hopeless economy propped up by Federal handouts.
ZH has provided the knowledge but nobody has effectively shared it with the directionless protestors who have only figured out something is terribly, terribly wrong.
They have to know why, "You've got to say, 'I'm as mad as hell, and I'm not going to take this anymore!'"
So that's where my anger comes from, and am was surprised to find myself trying you to explain it to you. Good Luck.
What's weird is that you say you "have a lot to learn" yet you've posted more than I have in the past month.
You don't learn by posting your own thoughts.. but you knew that, and so does everybody else. Begone.
I'm not debating with Reese Bobby but don't dis RATM. Regardless of the medium of expression, some anger leading to action would be a nice change.
Hey...I do my best to live as off-grid, under-the-counter, and in the gray economy as possible while throwing as many legally allowed monkeywrenches as I can into this corrupt system. Not all efforts at change require a fan base, rating system, website, podcast, twit-er, Facebook page, or bullhorn.
I respect that. What are you doing here with metro-sexual's who mainly just bitch?
Please read "Mere Christianity." You and my morning cab driver are my only conversion efforts of the day. Sub-par effort on my part. It is my hope God Blesses you and your family.
"Well, blessed is just about everyone with a vested interest in the status quo, as far as I can tell, Reg"-Francis
You really need to forget I recommended it and just read the book. Christ is everything people have taught you he is not. Don't listen to them, or me. Just read the book. A few hours out of a whole lifetime. Why not?
It is a torturous route once you understand the Truth. I prove that. But it is crazy not to give it a fair consideration. Good luck.
Which book exactly? He's a prominent character in each of the magical tomes to which the Abrahamics take such pleasure in constantly referencing while murdering and stealing from the 'whatevers'.
I mean, I'd guess you're pushing the New Testament, but I wouldn't want to make any ignorant assumptions or anything.
"The vision of Christ that thou dost see, is my Vision's greatest enemy."-Nobody
"I am Christian. That obliges me to be a Communist"-GB Shaw.
I admit it is a guilty pleasure of mine to watch you lot try to wriggle out of that one....
He said
> Please read "Mere Christianity
Fair enough, my error. From Wiki's synopsis:
"His most important point is that Christianity mandates that one "love your neighbor as yourself.""
Right, well an atheist would argue that that sentiment is simply inherent to humanity (and perhaps even some other animals), and as such is nothing more than low hanging fruit for religions to appropriate as their own invention; it's at the core of many belief systems after all, not just Christianity... but getting back to my comment to which this tenet is directly related: how do cross worshippers of the US incorporate such a socialist notion into the "I'm all right so fuck all the rest" religion so prevalent in that country? Is it just an accepted paradox that they train themselves to ignore/accept? Or, far more likely judging by well documented historical record, is Christianity in the context of captialism merely a 'convenience of justification' kinda rationalization?
FWIW: Now that I'm all caught up I'll try the book, but I sure hope Wiki's summary has missed the mark by a wide margin...
"...I'll try the book." That is by far the highlight of my day. I hope you do.
I think the Wiki synopsis misses most everything. My imperfect preview:
“The terrible thing, the almost impossible thing, is to hand over your whole self--all your wishes and precautions--to Christ. But it is far easier than what we are all trying to do instead. For what we are trying to do is to remain what we call "ourselves," to keep personal happiness as our great aim in life, and yet at the same time be "good.”
“I am trying here to prevent anyone saying the really foolish thing that people often say about Him: I’m ready to accept Jesus as a great moral teacher, but I don’t accept his claim to be God. That is the one thing we must not say. A man who was merely a man and said the sort of things Jesus said would not be a great moral teacher. He would either be a lunatic — on the level with the man who says he is a poached egg — or else he would be the Devil of Hell. You must make your choice. Either this man was, and is, the Son of God, or else a madman or something worse. You can shut him up for a fool, you can spit at him and kill him as a demon or you can fall at his feet and call him Lord and God, but let us not come with any patronizing nonsense about his being a great human teacher. He has not left that open to us. He did not intend to.”
"What Satan put into the heads of our remote ancestors was the idea that they could 'be like gods'--could set up on their own as if they had created themselves--be their own masters--invent some sort of happiness for themselves outside God, apart from God.
And out of that hopeless attempt has come nearly all that we call human history--money, poverty, ambition, war, prostitution, classes, empires, slavery--the long terrible story of man trying to find something other than God which will make him happy."
Good Luck.
That second quote there is a textbook eg. of false dichotomy.
It's pointless to keep selling a closed deal: I've said I'll read the book, don't change my mind.
I try to rile up the misguided...with no expectations. Sometimes it's okay to just have fun for a bit and rant on here to unwind. Not all actions require a higher meaning or purpose.
3 junks. Obama and Biden called their buddy Mittens to add his junk too.
One major difference.
Rhetoric.
You should expand on that and make a bear video of it.
With Iran turning off Spain's oil today, the entire US global foreign policy just went down the shitter.
There is no Plan B. It's over, politically. Oh, we might rattle a saber here and there, but it's over.
It's the EU/US axis that's going to have a right hard landing. Very soon. Can't print energy.
Mitt is better than Obama. He has first hand experience and a real passion for the many forms of Genocide.
I don't know of ANYONE who's "gravitating" toward Romney. He kinda reminds me of a pile of day-old cow dung. The only one of the bunch I'd vote for is Ron Paul and it doesn't look like he's on the menu, so fuck 'em all!
Not too far now from uptrend support drawn from the October lows.
Hold on to that bag muppets. It's all part of God's work.
I can't wait to see "Funding for Sesame Street has been provided by...Goldman Sachs...and viewers like you!"
Yep, on what they will want called masterpiece theatre: http://www.youtube.com/watch?v=Uh_aG5MzPVM
Won't be Asian. I think the BRICs are done with that shit.
my classmate's sister makes $62 hourly on the laptop. She has been unemployed for 5 months but last month her pay check was $13843 just working on the laptop for a few hours. Read more on this web site .... http://bit.ly/FPPP3j
hot "shiksas"!
Or: It's blame Europe time again, as the U.S. needs to issue $66 billion in debt this week. The market takedown the last 5 days has brought 10 year yields 25 bps lower, with yield back under 2%. Dumping more UST debt on the muppets should go off without a hitch.
Yep. Then next week, the Muppets are sold the S&P again, just in time for April OpEx.
Wash...
Hansel: excellent point! Look for some more QE whispers/rumors AFTER the debt has been auctioned! This is why the FED has not said a word - they need to drive demand for "safe" paper up and rates down just as it goes to auction.
+1 Hansel!!
jbAlcoa surprise will be trumpeted by MSM so I predict equity short covering rally tomorrow AM. By thursday everybody back short again, and end the week red from here. We shall see.
The symbiosis you describe is nothing short of remarkable. Did not think yields would drop so much this fast. Fascinating.
What's wrong with the market through the eyes of Goldman..... Start by looking in the mirror.... Then take a glance at the fed.
“The financial industry has placed itself above the investing public ("muppets") and will take every advantage it can secure,” said Alan Newman, author of the Crosscurrents financial newsletter. “The public's confidence has been shattered, possibly beyond repair.”
http://www.cnbc.com/id/47005811
Ya think???
Goldman making muppet eyes red with rage.
Goldman will feel the wrath of the ghost of Jim Henson.
And the QE spec trade is dead as dead. 13000 was the top and everyone knew that, Goldman knew that. Now this market turns back to its 2011 ranges/lows again. With nice dashes of panic.
Translation: It ain't easy being golden. :snark:
The cake is a lie.
<----< the NYFED
<----< pimpco
who was most likely shorting Ts here?: " we also saw some stabs at reinitiating shorts at these levels from both levered accounts and real money"
or: some bot else? only $1 to play! L0L!!!
I got a decent smackdown last night/today Slewie. Although I was able to clip my gbp/jpy shorts for some profit. The freaking European banks are liquidating everything but the kitchen sink, and propping up the Euro via repatriation. China had decent numbers and Alcoa beat, yet the aud get's hammered. I'm going to stay in it until 1.0200 handle gets broken.Like the intrest/carry and it's heavily oversold.
Hope you did ok.
Oh yea, The vampire squid needs a new inkjet cartridge. That B/S has no end!
i'm fine; shit, Y/C, slewie doesn't own anything
disappointed my daughter got caught in weather and wasn't able to stop by; i'm getting webbed feet, but we do need the rain, still: l>>>bequerels,Bichez!<<<
this has been something! asia sotocks just took a dive, but i'm looking at green nikkei futures?
the EZ thing is big, maybe: liquidations leading to bankstering condolidations or wipeouts of bad banks? is this it?
that jpMorgue trader "broke" the CDS index last friday, but i have yet to see anything except conjecture on what actually happened, but i had a suspicion some of the EZ banks might go over the falls he created
whether that makes a bit of sense i don't know, but you saw my posts about this over the weekend and yest, perhaps; the world biggest banksters "breaks" the world's biggest whatever~~derivatives index~~w/ what one ZH article said: ~$75Bil? and the EZ markets are closed yest, while the futures got fuking clocked
yeah! i guess we're seeing some liquidations in EZ banks! (BAC -4+%, too); tyler's daily summary addressed alcoa's "beat" which, today, pushed its stock down just shy of 3%; 29 red industrials + HP green = DJIA
with this much risk0ff, after so many "misses", the libor spiking, and all the iffiness around china, and both the PB0C and the B0J pointing out that the FED has the ball, here, and is calling the plays (how weird was that?) matbe we're s'posed to think that the FED is calling the plays
if so, i think the plays are around the EZ bankstering messes
bruceK has a piece up top abt the SNB and the EUR support which is a + read
these seem to be orderly "markets" tho, Y/C; people may not be very happy with them, but as far as blowtorches go, this is just a singe, so far, imo
central planning is not always goldilocks, perhaps? this appears to me to be totally cPlanned if i'm correct about these fingerprints: theMorgue's, the FED's, the ECB (LTR0), and the 2 asian cBs
i've never seen anything like this, Y/C, or maybe i have but didn't know what i was seeing; it looks to me like maybe there is some firewall agreement or convention in place and they are roasting some europeonBankster marshmallows with the blowtorch
wait! is that gallagher? with the sledge-0-matic?!?!?
let's get the ponchos on and go sit in the front row!
Slewie,
You have more brains than 99% of the people on this board.
Please keep contributing, your input is great and welcome.
Via con Dios.
i think i clearly understood what slewie wrote there
i'm scared
There is a Slewie threshold. Once crossed you'll never be the same. When he starts making sense you have entered the netherworld of cosmic understanding. He is Joseph Campbell's legendary Bliss and must be followed.
The ECB/BiS will open the flood gates, and Ben will swap them into infinity. We all know the shithole Europe is.
This is just a good opportunity to T/P and reload much lower. One thing Tyler never mentions. All those M.E. petro dollars get rinse washed through the euro. This whole party is so convoluted!
I'm long " Wall Safes"! Gallagher is a lot of fun to watch. I miss George Carlin!
yes, but a coupla things
@ GS sales/trading:Your mother is calling: http://www.deepseamonsters.com/component/content/article/56-vampire-squi...
All this catastrophizing over what is a tiny pull back so far is hilarious. The planners have so FUBARed this market that most everyone cannot even stomach a paltry back and fill.
Of course I am hopeful that it is the beginning of something more serious.
I second that emotion
http://www.youtube.com/watch?v=aO5YmKrxnSY
Third.
Lather, rinse, repeat.
we've been long equities and treasuries for three years now...both money good. i wrote i think here but also at Seeking Alpha that "we were expecting a market sell off and would be looking at buying opportunities as a consequence." The sell off is well underway and as the Durden's should tell anyone who cares about anything "ZH has sucked ass at calling every aspect of this market" (save for Gold of course!) so as with being short so it is with being long however: it's everywhere and always an educated guess. The biggest threat to the ECONOMY AS A WHOLE is a "beggar thy neighbor" insanity--which is all too real since the totality of economies worldwide...with Europe front and center...are PURELY mercantilist...which makes it almost impossible to yield any type of returns in any market (save gold) as "debasement of everything by all" with the sudden hiking of trade barriers "due to excessive competition" is the only...ahem "economic strategy." We shall see. Tis a recipe for second leg down in a banking debacle needless to say...with regionals front and center should this occur. The..."White Whale of London" sounded eerily familiar...not that President Obama should be surprised since he already has AIG's "Special Prodcuts Group" fiasco during the Bush Administration to look at to remind him of the difference between "real change" and "change we can believe in." Thank God for all those prosecutions as a result of the first debacle!
You have all the brains of a Beached Whale.
As a matter of fact, your blubber would make a nice meal for the Inuit.
Please shut down and phase out at the first possible instance.
what's wrong with a beached whale? and i'll have you know "my brother works with those Inuit" and they'll take your subsidized standard of living thank you very much! in fact...I'D take their subsidized standard of living thank you very much! Anywho..."this is how we are now force to live." Not that i have a problem with hunter/gathering of course. One of my favorite pass time. Here's how we like to approach "buying a stock" with your friend and mine...stockpicker "Gauge" you "super survivalist" you:
http://www.youtube.com/watch?v=_RQrAj2EnSo&feature=player_detailpage
have to agree with your general theme. i stayed short on the first ramp for too long because i try to trade fundamentals so missed the change in the game. essentially the market is now a game of destruction of assets in one area followed by a ramp in printing to juice some other area(russell 2000 mostly but also to create a facade of reality in the usa bond market as investors think they are buying a safe haven). my basic strategy has always been to follow the bond market to play the stock market. the bond market has diverged from reality into an alternate state of the bernank zone. gold has, despite its manipulation, been the only true indicator of the state of world economics, panic minus one tiny push over the edge. so now my trading is based upon the premise that bernank, squid and the euro blob will go to extreme extremes to keep on keepin on which will continue to ramp the market, and gold and commodities until a massive capacity destruction event is initiated as the unintended solution to all the world's problems. ponder that. orwell's world will be right about one thing. war is peace. in the meantime i buy scrap jewellry in case they take my rounds and bullion for the good of the nation and am hoping inflation finally does ramp so i can pay my mortgage off for pennies before the official reset.
oh, and MUPPETS WIN PHUCKERS!http://www.youtube.com/watch?feature=player_detailpage&v=MMR5JVo21wQ
Fuck you Goldman and Central planners.
Tool - Right in Two
Good luck to you Goldman, the clandestine book keeping in funding War on Terror opposition just might find itself involuntarily available. Calm down, your network friends are also exposed. Winks!
http://www.youtube.com/watch?feature=player_detailpage&v=0Rx3-EdkjwA
Thanks for link
http://www.kitco.com/charts/livesilver.html isn;t the price action "jerkier than normal. looks like an seesaw battle
It's just Blythe rehedging her hedges and her customers hedges and her neighbor's hedges (.......Thuja Emerald http://www.greatgardenplants.com/index.php?fa=PAGE.view&pageId=732)
When this shitwagon economy crashes I will grow fat on cannibalizing my fellow slow lazy deer in the healights Amerikans. Let the feast begin cause I'm hungry
What is it about that name?
http://www.youtube.com/watch?v=4u4tTFEF_XE
Goldman's response to this thread would be something like; "Who cares - we are making money hand over fist."
I am not defending them, just saying that they are making a shit-load of money off their clients, and that is all that matters to them.
ZH makes money off their advertisers by maximizing the number of viewers here. Same thing, really.
So, what's the rumpus..?? You entice the customer, you sell the product, you charge the advertiser based on the web traffic, you make the money...
The American dream, right..??
Texas Ginlinger, I have to play off some bad bets that my banking friends made. Would you mind if we borrowed your account monies to pay it off? Your account may be frozen for a few days, don't worry. Every dime will be returned shortly. Would you mind confirming your ACH transfer number for me? For your inconvenience, we will be overnighting a case of tasty ramen noodles to hold you off during our bank transfer delays.
You said..
Explain to us how that is the same. Thank you.
"results have no bearing on the opinions expressed therein." not that i mind the opinions
http://www.youtube.com/watch?v=h5JXrP8yv8o&feature=player_detailpage
Again, the world will continue with or without you.
hahahahahahaah ah sh*t
Look Goldman are lying crooks, worst part they are f*cking hypocrites. They gamed the American goverment ala the taxpayer when they (Goldman) should have been wiped off Wall Street, or at least broken up. Instead Obama that f*cking illogical president and his merry butboys bailed them out. Daily Goldman set bull-traps for people like you and their buddies. It's a game and Goldman are sly f*ckers.
But the endgame is close. Meaning? US credit markets could get wiped out again. Cue the Fed and Obama. He bails out Wall Street again before his election...
revolution
GOLD - MAN
The very name tells us where the true wealth lies. While they tell us all to buy stocks and bonds, they are secretly grabbing all the physical gold and silver they can - because they know that a gold standard will return.
Read this book and get out of the system, stop being a slave.
http://www.amazon.com/Simple-Wealth-Mr-Andrew-Costello/dp/1463523017/ref
I’ll cut right to the chase. The change in full time employment in March was much, much better than the headline data suggested. The seasonally adjusted increase in non farm payrolls of 120,000 was a big miss, and is ostensibly the reason for the stock market selloff. The real reason is that the government and Primary Dealers have a pile of long term Treasury paper to roll over and sell this week, so they needed to shake the stock market tree to free up some dollars for Treasuries. I covered that story in the Wall Street Examiner Treasury and Fed updates. But the government and the market owners and managers needed a kernel of a story to kick off the selling of stocks and buying of Treasuries, and the employment data was it. The enabling mainstream financial media shills played their Chicken Little roles perfectly.
BTFD. Futures are up up and away.
Floaters save the day.
The over-profits of the shark loans in the USA not only did not turn their dollars into inflationary money, but also they were multiplied and exported abroad in the form of “investments”. The illegally “increased" dollars of the internal USA economy become tons of “investments” abroad. FED printed cheap money and loansharking multiplied this money in an unnatural way within the American economy boarders and they discarded them abroad so that they did not threaten USA. USA became the first state in the world with artificial “breathing” ...the first state that burdened the international economy with its “breathing” ... and this is where everything started ...this is where the current shabbiness started, Loan sharks that are international today and “hide” behind the vague term of “Markets” are in fact the old loan sharks of the American market. They by controlling the USA monetary system “pumped in air” constantly in order to make profit from the USA “breathing”.
http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html
Authored by PANAGIOTIS TRAIANOU
SOCIALISM You have 2 cows. You give one to your neighbour.
COMMUNISM You have 2 cows. The State takes both and gives you some milk.
FASCISM You have 2 cows. The State takes both and sells you some milk..
TRADITIONAL CAPITALISM You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income.
AN AMERICAN CORPORATION You have two cows. You sell one, and force the other to produce the milk of four cows. Later, you hire a consultant to analyse why the cow has dropped dead.
A GREEK CORPORATION You have two cows. You borrow lots of euros to build barns, milking sheds, hay stores, feed sheds, dairies, cold stores, abattoir, cheese unit and packing sheds. You still only have two cows.
A FRENCH CORPORATION You have two cows. You go on strike, organise a riot, and block the roads, because you want three cows.
A JAPANESE CORPORATION You have two cows. You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk. You then create a clever cow cartoon image called a Cowkimona and market it worldwide.
AN ITALIAN CORPORATION You have two cows, but you don't know where they are. You decide to have lunch.
A SWISS CORPORATION You have 5000 cows. None of them belong to you. You charge the owners for storing them.
A CHINESE CORPORATION You have two cows. You have 300 people milking them. You claim that you have full employment, and high bovine productivity. You arrest the newsman who reported the real situation.
AN INDIAN CORPORATION You have two cows. You worship them.
A BRITISH CORPORATION You have two cows. Both are mad.
AN IRAQI CORPORATION Everyone thinks you have lots of cows. You tell them that you have none. No-one believes you, so they bomb the ** out of you and invade your country. You still have no cows, but at least you are now a Democracy.
AN AUSTRALIAN CORPORATION You have two cows. Business seems pretty good. You close the office and go for a few beers to celebrate.
A NEW ZEALAND CORPORATION You have two cows. The one on the left looks very attractive...
ROYAL BANK OF SCOTLAND (VENTURE) CAPITALISM You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more. You sell one cow to buy a new president of the United States , leaving you with nine cows. No balance sheet provided with the release. The public then buys your bull.
COMMUNISM You have 2 cows. The State declares you a Kulak and kills you.