Because nothing says BTFD like a good government crisis...

The DAX is up almost 3% from the Sunday night post-coalition-fail lows...


But EURUSD is at those lows...


Sizzurp Tue, 11/21/2017 - 12:46 Permalink

The answer to every government crisis is to print what they don't have.  German stocks went up during the Weimar inflation as well.  Now we are seeing it globally in an orchestrated race to the bottom. No wonder these central banks are so cozy with one another.  Floating exchange rates and gold manipulation make them look like they are the smartest people in the world, but inflation always finds a way to show itself and reveal the con.

DaiRR Tue, 11/21/2017 - 12:48 Permalink

Never underestimate the power of central banks to drive markets up for longer than you'll be on this Earth.  They conjure up the money from thin air and will never stop.

WarPony Tue, 11/21/2017 - 13:32 Permalink

When (((you))) can just print fiat out of thin air and "buy" world stocks - which is what every (((fiat-center))) is jooing - then it's nothing more than an absolute and total f'n farce."Hanzen ze zum of zat papieren, bitte."  "NEIN!"Death to the (((money-changers)))

JohnGaltUk WarPony Tue, 11/21/2017 - 14:48 Permalink

No matter what part of history you read, when the state\Empire start to debase their currency...... the collapse is never far behind.Money demands the most moral of behaviour otherwise confidence is lost.Paper money eventually returns to its intrinsic value: zeroThe best government is a benevolent tyranny tempered by an occasional assassination. 

In reply to by WarPony

Disgruntled Goat Tue, 11/21/2017 - 16:59 Permalink

The Swiss Central Bank.... Printing then selling CHF every day to buy the EUR and other currencies to keep CHF/EUR parity.... then using the resulting foreign exchange surplus to buy equities .... they already own 10% of Apple stock .... think they are not buying the DAX ?