USDCHF Plunges To Record Low Following Generali CEO Comments Eurozone Faces Risk Of Breakup, Flight To Safety Resumes

Tyler Durden's picture

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Thorlyx's picture

"xxxx just plunged to fresh all time lows"...

I think we will hear this quite often the next days and weeks and months

BaBaBouy's picture

 

GARTMANS Still Yapping About Selling His GOLD ...

 

STFU

machineh's picture

They hate us for our printing press.

augie's picture

Economic imperialism implemented through millitary intervention, Yeah I think i'd hate us too... 

snowball777's picture

Are you suggesting a tactical strike on the ratings agencies?

augie's picture

You say the word, I am there.

walküre's picture

You forget propaganda that says 24/7 and 365 days a year how great and powerful the "Super Power" is.

Now the "Super Power" will get the "Super Congress"

Too bad all the "Super People" in the "Super Power" are "Super Broke".

Pegasus Muse's picture

USA! USA! Of course we're still "Super".  We have the Super Bowl.  /sarc

Long-John-Silver's picture

and keyboard. 

$1,000,000,000,000 = 00110001 00110000 00110000 00110000 00110000 00110000 00110000 00110000 00110000 00110000 00110000 00110000 00110000

karzai_luver's picture

Our freedoms are under attack!

 

Bam_Man's picture

"All your printing press are belong to us!"

WhOracle's picture

getting hit by this rumor from diff ppl for the past hour.

zorba THE GREEK's picture

Europe is coming apart at the seams and the Euro is still over 140. WTF

Bam_Man's picture

Just wait until Germany announces it is leaving the Euro "temporarily".

At that point the Euro becomes a "PIIGS pen", with a value of 0.75 USD.

GeneMarchbanks's picture

Europeans and their emotions are killing this sweet little bounce. God damn reality!

slaughterer's picture

European break-up killing us

Debt ceiling deal killing us

Margin calls and gonzo post-Lehman risk management killing us.

Fulfilled H&S cross still killing us.

Revised GDP/and ISM still killing us.

S&P rumor of downgrading US killing us.

Roubini/Faber/Rosenberg killing us.

So why are we down only .4% and not 4%?

 

 

Thorlyx's picture

it s killing us but we are still alive and kicking..... Anyway, long term, we are all dead.

Hedgetard55's picture

I'm glad my FXF is backed by Nestle's Gold Chocolate bars.

Gibu The Great's picture

The Breakup, bitchez.

ZimbabweTrillionaire's picture

Need to move my $50mm cash from BNY in a hurry!

 

DosZap's picture

Zim Trillionaire,

IF you have 50mm in  fiat, you deserve to lose it,no matter where it is.

I am assuming your are FOS.

Bindar Dundat's picture

At last Mr. Market is getting ahead of the Banksters.  This is VERY GOOD for the long term. 

Version 7's picture

Trouble is gonna come when the market finally realises that.

drink or die's picture

Jim Cramer was on the Today show again this morning saying everything is ok, so I'm not concerned.

Mr. Fix's picture

Now we know we're doomed.

GeneMarchbanks's picture

Adorable little ponce, isn't he? So reassuring.

hunglow's picture

I'm thinking lil keebler, Charlie Brown or Elmer Fudd.

Long-John-Silver's picture

When he becomes Chicken Little it's time to buy with both hands.

Instant Wealth's picture

Yeah, just like yesterday when he said that he liked Coca ,ehrmm, Coca Cola. What a surprise.

SheepDog-One's picture

Cramer said 'Everything is OK'...so in other words he got news his phony-baloney job as a stock pumping dickhead is still secure.

Wynn's picture

Cramer to Matt Lauer, "You know I'm no pollyanna ..."

 

hilarity ensued

karzai_luver's picture

Cramer has been dead for years!

 

HOLLAR-grams bitches.

 

etrader's picture

That 1190 area on the SPX will be keenly defended  ( 50% of QEII rally) the  "compound in" long only funds will be in a real mess if that goes.

swissaustrian's picture

The SNB is already intervening, but they don´t have a chance to contain this.

Thorlyx's picture

How about printing a shitload of colored paper. C'mon even the Swiss can do that. Besides, it boosts the national production figures. It's all good.

swissaustrian's picture

Just a few days until this will be done. We´ll set up a sovereign wealth fund and tie the chf to the eur...

Just some more political pressure needed.

Careless Whisper's picture

excuse me for sayin this, but the eurpoeans are effin' idiots.  merk onvacation mountain climbing, treeshay thinks feathers bllom out his ass.     pffft.

 

PY-129-20's picture

Luckily, we have Bernanke. Whenever he opens his mouth, gold goes up. Just a matter of days and gold is at 1776 $.

And don't be so harsh on Angela (Angel: Angelus) - imagine Hitler would comment this market ("wawuff! WUFF! WUFF! maRRRRket! STEINERRRR! woff! Zerrrstörrren! woff!" ).

Tic tock's picture

S&P Downgrade a rumour to explain market decline..

..though, falling knives, Economic Depression in the US - new start, how many people would love the opportunity to be Free of all that government crap. Cheap land and marshall plan, easy to do, CAD should be the next CHF??

A Man without Qualities's picture

This is corporatese for.

 

"If I'm going down, I'm taking all of you bastards with me.."

KnightsofNee's picture

And...................its gone!

monopoly's picture

And they try to spin that all these new jobs will make the planet better. Amazing.

topcallingtroll's picture

As much as I like to rag on the america haters and eurosnobs I hope europe pulls through this one. We need a strong healthy europe right about...oh....now would be nice.

slaughterer's picture

Goldman 360 page

Services

Global Client Access

This morning's message:

“To our Valued Clients, Due to unexpected trade processing delays, we are experiencing custody reporting delays. We apologize in advance for this inconvenience."

Misean's picture

There are problems in Europe? I thought they fixed this in last week's episode.

Cassandra Syndrome's picture

Its the New Neo Keynesian model to replace the New Keynesians, emergency EU Summits every week, to prop up the markets and to create jobs by having these meetings all the time creating a multiplier effect. 

Makes sense I suppose...

Misean's picture

I see...sort of the broken window fallacy applied to coffee and bagels.