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Foreign central banks starting to buy US stocks

PostPosted: Thu Mar 01, 2012 8:24 pm
by Engineer
...while the Fed's charter forbids it from buying US equities outright, it certainly can promise that it will bail out such bosom friends as the Bank of Israel, the Swiss National Bank, and soon everyone else, if and when their investment in Apple should sour.

Luckily, this means that the exponential phase in risk is approaching as everyone will now scramble to frontrun central bank purchases no longer in bonds, but in stocks outright, leading to epic surges in everything risk related, then collapse and force the Fed to print tens of trillions to bail everyone out all over again, rinse repeat, until this chart becomes asymptotic. We say luckily, because it means that the long overdue systemic reset is finally approaching.


http://www.zerohedge.com/news/next-leg-ponzi-revealed-central-banks-begin-buying-us-stocks-outright-starting-today

Re: Foreign central banks starting to buy US stocks

PostPosted: Thu Mar 01, 2012 10:37 pm
by Delawhere Jack
Aint that a gas! Dow 36k here we come!!

Re: Foreign central banks starting to buy US stocks

PostPosted: Thu Mar 01, 2012 10:40 pm
by 68Camaro
Absolutely, Dow 36K, with $5,000 gold, and $10 loaves of bread.

Re: Foreign central banks starting to buy US stocks

PostPosted: Thu Mar 01, 2012 11:27 pm
by Delawhere Jack
68Camaro wrote:Absolutely, Dow 36K, with $5,000 gold, and $10 loaves of bread.



But that's bullish, right?

(a little ZH humor in my previous post, and this one)

Re: Foreign central banks starting to buy US stocks

PostPosted: Tue Mar 06, 2012 5:03 pm
by Delawhere Jack
68Camaro wrote:Absolutely, Dow 36K, with $5,000 gold, and $10 loaves of bread.


BTW, in the supermarket yesterday, a loaf of Maiers' Italian bread, 20oz, $3.99. I think we may see $10 bread before DOW 36k or AU $2,400.

Re: Foreign central banks starting to buy US stocks

PostPosted: Tue Mar 06, 2012 5:42 pm
by nero12345
I think later in life as we look back on how things used to be I will remember these times as the days where changes needed to be made, but were never made for the good, only the bad. This will not end well and is another way things get done behind closed doors that affect everyone, with out anyone knowing. just my opinion.

Re: Foreign central banks starting to buy US stocks

PostPosted: Tue Mar 06, 2012 7:00 pm
by 68Camaro
Delawhere Jack wrote:
68Camaro wrote:Absolutely, Dow 36K, with $5,000 gold, and $10 loaves of bread.



But that's bullish, right?

(a little ZH humor in my previous post, and this one)


We've got to keep a sense of humor about this, just to retain our sanity. :roll:

Re: Foreign central banks starting to buy US stocks

PostPosted: Wed Mar 07, 2012 11:21 am
by theo
nero12345 wrote:I think later in life as we look back on how things used to be I will remember these times as the days where changes needed to be made, but were never made for the good, only the bad. This will not end well and is another way things get done behind closed doors that affect everyone, with out anyone knowing. just my opinion.


. . . and if you're not at the table, you're on the menu.