Foreign central banks starting to buy US stocks

[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

[Delawhere Jack]

Aint that a gas! Dow 36k here we come!!

[68Camaro]

Absolutely, Dow 36K, with $5,000 gold, and $10 loaves of bread.

[Delawhere Jack]

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)

[Delawhere Jack]

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.

[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.

[68Camaro]

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.

[theo]

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.