Stacy Summary: Go Janet! She clearly knows the Chicago Way when she sees it . . .
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ref. max keiser – Get 6 mo’s free storage
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Rick Ackerman-
- Karl Denninger – Market Ticker
- The Big Picture
- Mish
- David Morgan
- King World News
- SmartKnowledge
- GoldCore
fiat money and the french revolution
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crash banksters – Buy Silver & gold
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- A Lightning War for Liberty
Sounds like they made them an offer they couldnt refuse.
“No one is in control; no one is in charge; and no one can competently regulate our current system. This is a compelling argument for immediate radical financial reform.”
Like I said: reactionary emotive appeal is all the rage these days!
Fear not
The 1st Meeting between Lib leader Cleeg & the Labour party!
http://www.youtube.com/watch?v=gb_qHP7VaZE
Mike
I don’t know. Anyone who lost money says its manipulation….Max… …b-a-a-a-a-am… ..”cochese”…
I think it has to do with a decline in short term interest rates while everyone, and I mean everyone was expecting higher rates, especially during the Greek crisis.
What is the best definition of a hedge fund?
Without inside info, the majority of persons will get nicked enough that they will bleed to death in this rigged financial trading business. I would have to suspect that less than 15% of persons make a profit in the global ponzi games.
Regulators should be the best paid, best perked up bunch on Wall Street. And they should work on commission in putting bankers in jail.
@Happy Dick
It’s less than 1%.
Ok… nothing happened now at 2100 CET. TJ what was the rumour now that it didnt happen?
Goldman Sachs: Not A Single Day Of Trading Losses In First Quarter http://www.huffingtonpost.com/2010/05/10/goldman-sachs-not-a-singl_n_570196.html
I think the Ultimate Goal of this “False Flag”market crash is the same as with the previous Fals Flags like 911: CONTROL
SEC: Stock Exchanges Agree To Changes To Prevent Another Market ‘Glitch’ http://www.huffingtonpost.com/2010/05/10/sec-stock-exchanges-agree_n_570483.html
@Youri
THAT is trading on inside info … what a stinkin shame. Honest folks work, some save, only to have it laundered away by the likes of GS shit people.
Hi,
I have a question maybe someone can help me with. So, the ECB is going to buy government bonds in order to help support markets…. which should lead to inflation and all its horrible consequences. However the ECB people say that the increase in the monetary supply is going to be offset by “liquidity absorbing operations”? What are these?
Thanks
Fannie Mae seeks $8.4 billion from govt after loss http://www.reuters.com/article/idUSTRE64935O20100510
Wauw this guy is really fast AJS not even ended today:
The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) part-9 http://www.youtube.com/watch?v=4duUUS1PLF0
The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) part-10 http://www.youtube.com/watch?v=p87Q0BMy09Q
Sure that part 11 etc with Max will follow soon …
I liked the way Max layed out the Coca Cola boycot this time on Alex Jones. I think there will be a lot more people thinking about it now and interesed in it.
The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) part-11 http://www.youtube.com/watch?v=t9CQxPZ98Po
the current equity market is beyond ‘reform’
it has been exposed as a corrupt gambling casino which makes Las Vegas look like Mother Teresa
there must be a better way of directing investment capital – public and private pension funds, insurance companies, individual savings, etc – to legitimate, productive companies
@Mother Earth
Although I agree with Maxs plan I see great difficulties in reaching people in a world wide boycot Coke like India for instance.
The only way you good to it is slip some poison into the Coke so people get sick and reaches the headelines of the MSM world wide.
(Only Dutch) Kees De Kort: “Het noodplan van de EU en de ECB is weggegooid geld” http://www.youtube.com/watch?v=AjsnZuyNX2s
http://www.youtube.com/watch?v=AjsnZuyNX2s
The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) part-12 http://www.youtube.com/watch?v=0nKf_U9sANM
Kees De Kort:
Rescue Plan is like Throwing Money into a Black Hole.
It’s belting a full blood Arabic horse behind a manure cart.
The causes of all these problems are not attended.
These are all short sighted short term solutions.
Karl Denninger live audio broadcast
in 11 minutes
‘The Global Ponzi Teeters’
http://www.blogtalkradio.com/marketticker/2010/05/10/the-global-ponzi-teeters
how about max call in?
(718) 664-6286
Nouriel Roubini, Stephen Mihmn: A Radical Plan To Reform The Financial System
“Bust Up the Banks!” http://www.newsweek.com/id/237631/page/1
@R. Cain
TnX gonna tune in.
Just needed some Audio while topping my green beans.
My 80 year old mother gets it. Told her last week that she really should sell out of the market. She happened to flip on the TV on Thursday in time to watch to drama. We paid a visit to her broker a while ago and told him to sell all of her equity holdings and mutual funds and send a check. We both feel better now.
The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) part-13 http://www.youtube.com/watch?v=yealJb2GUQo
@Sherri Young
BUY GOLD BULLION MA! http://www.youtube.com/watch?v=rdlOnpAwo_Y
The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) part-14 http://www.youtube.com/watch?v=jFULPOJpX5g
It would be a blast if the law could be broken with impunity using machines. Like this one http://www.youtube.com/watch?v=d8hlj4EbdsE
The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) part-15 http://www.youtube.com/watch?v=yzlISjjRFAY
The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) part-16 http://www.youtube.com/watch?v=Lt4PmgLP5XQ
The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) part-17 FINAL http://www.youtube.com/watch?v=kKRDamH2ggc
Somehow, there is a beyond totally corrupt totalitarian imperialist Chicago gangster regime analogy here but I have not found it …
Prince of Pot ordered extradited, lawyer says
http://ca.news.yahoo.com/s/capress/100510/national/pot_prince_extradition
meanwhile, nature corrects itself
Loonie up sharply against U.S. dollar; eurozone aid package restores confidence
http://ca.news.yahoo.com/s/capress/100510/business/markets_loonie
TORONTO – The loonie joined several other currencies in rebounding sharply against the U.S. dollar Monday on the strength of a massive defence package for the euro announced on the weekend.
The Canadian dollar was up 1.76 cents at 97.56 cents US by early afternoon in what economists expect will continue to be a slow — and occasionally halting — march back towards parity with the U.S. currency.
Complete Set: The Alex Jones Show With Max Keiser Mon 05.10.2010 (TV) http://forum.prisonplanet.com/index.php?topic=170530.0
A bit OT, but anyway: On Elena Kagan – from Democracy Now!
…..
AMY GOODMAN: And finally, her position on an advisory panel around Goldman Sachs? And we just have thirty seconds.
GLENN GREENWALD: Yeah, she was on an advisory panel. She was paid a stipend of $10,000 per year. She was on—[no audio]
AMY GOODMAN: Having a lot of trouble with that video stream today. Glenn Greenwald—
GLENN GREENWALD: It was mostly a cursory position.
AMY GOODMAN: Repeat what you were saying, Glenn.
GLENN GREENWALD: Yeah, it was mostly a cursory position, but it reflects the fact that she’s where she is. She’s one of the elites who Goldman Sachs touted, and she was happy to take their money in order to serve on a sort of symbolic panel. I think that tells you somewhat about who she is.
AMY GOODMAN: Well, we’re going to leave it there. Glenn Greenwald, constitutional law attorney and blogger for Salon.com. This is Democracy Now!, democracynow.org, the War and Peace Report. The reports are all that President Obama will nominate Elena Kagan today to replace John Paul Stevens on the Supreme Court.
…..
I need a hug!
Well finaly Denninger got (almost) fully Awake and is calling for a National Strike!
Oil Spill was in the Illuminati Card Games as was 911 before and the Volcano burst – FACT!
“Knowing” warns about Oil Rig Explosion http://www.youtube.com/watch?v=hmgeA3dr2uY
@Namarama. ) there you go my friend.
@Namarama. we could all use a hug. best plan so far. good going namarama.
as you know, i expect an immediate reply.
Okay, I’m listening to MK on AJ…and here is what I think…
For the nth time Keiser is touting the boycotting of Coca Cola…but we all know there isn’t much momentum on that front…
I for one have stopped drinking Coke, but I think some sort of grassroots t-shirt effort could be made to get this movement going…
How about some shirts that say:
Always Coca Cola?
(front) Why Boycott Coke?
(back) Because We Can
How about this, do I get in trouble now?
http://www.cafepress.co.uk/ClimateBabes.401174617
It says “Debt is slavery” in Greek..
@mike. TOB? http://www.dailymail.co.uk/news/election/article-1274485/UK-ELECTION-RESULTS-2010–750-compensation-polling-booth-fiasco.html
golds no good. http://eclipptv.com/viewVideo.php?video_id=11805
@M/E. holy fuck. http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2010m5d10-Economist-Tim-Madden-The-PIIGS-Brief-understanding-how-oligarchs-rig-loot-our-economies
holy fuck. read my last post. really interesting.
Ron
Lib/Lab pack
They crash the Ecom, TOB will arrive….then Tory goverment.
Mike
This market was hijacked a long time ago. Traders and investors are just now along for the ride. When the PTB pull the stop switch ……god help us all.
off shore. http://cnews.canoe.ca/CNEWS/World/2010/05/10/13890266.html
Max,
I have all the respect for you and the props on your show are halarious. I hope you use a large fingered hand as your next prop for this fiasco.
One thing though, I’m one of those “momentum mom and pop day traders” you spoke of and I saw the whole thing unfold that day. I was shorting the market and my stops never got filled. I was using QID as a shorting mechanism and I noticed its volume dried up to zero during the plunge, as if the brokers who traded for QID either didn’t trade or (more than likely) couldn’t trade.
Here’s another interesting bit of info, my Friend who’s a broker and money manager could not trade during or after the plunge and its miraculous recovery. It’s as if he was locked out and is looking to sue because his clients were shorting and their stops didn’t get filled.
Mom and Pop day traders didn’t cause this. I wish I had caused it, I would have made a boat load of money but sorry, I can’t say I did at all. I was locked out and I trade with a large brokerage firm.
Max, please look deeper in to this fiasco, I have a feeling it’s more than getting the ball rolling then handing it over to the mom and pop day trader.
Thanks.
Your loyal groupee
wow. http://www.foxnews.com/scitech/2010/05/10/obama-warns-grads-twitter-ipad-peril/
@Snoot. you got that right. problem, reaction, solution. fuck.
where the fuck is everybody?
has everybody gone to the next page without rr?
Ex-Mexican Governor Laundered With Lehman Bros
http://www.businessweek.com/news/2010-05-10/ex-mexican-governor-laundered-with-lehman-u-s-says-update2-.html
@depressionalert.,
I would bet my pet poodle that the elites in charge are doing eveyrthing to keep the financial system afloat till “that something” happens.
The elites know they can’t keep propping up the finanacil system. There is something that is gonna happen soon that they are trying to keep all the idiot investors solvent so they don’t go crazy. Its all about keeping the pensioners and ones with money and influence stupid happy till what ever is going to happen then happens.
I want my bernake trillions. And I want it now. Bernake is printing all these trillions out of nothing. Its not gonna hurt him to give me my trillion.
As to the unending bailouts:
“Never in the history of the US has so many done so much
for so few…”
@Stacy, love you both and that includes Lax.
Ooops I meant Max, Fat finger syndrome…
(Apologies if already posted)
http://www.youtube.com/watch?v=VMThQuf7aqE
‘TFG Trading Matrix’ trading desk, live broadcast May-6:
[6:30] “That wasn’t fear, that was all programs. All of those things were set in before, in motion, and they were tripping each other. Boom, one into the other, into the other…”
Stockmarketfunding.com live webinar freak-out:
http://www.youtube.com/watch?v=ppEJ8r7bQ2o
(Prev comment caught in spam filter? Apologies if already posted…)
TFG Trading Matrix ‘Hedge Fund Live’ broadcast, May-6.
[6:30]: “That wasn’t fear, that was all programs. All of those things were set in before, in motion, and they were tripping each other. Boom, one into the other, into the other…”
http://www.youtube.com/watch?v=VMThQuf7aqE
Here’s a good write up from a market perspective about HFT:
http://www.acting-man.com/?p=627
via nowandfutures.com blog
Today’s ‘editor’s video picks’ on Bloomberg has a very Faber interview:
http://www.bloomberg.com/news/av/
Think that this is a good article in the sense that it tries to understand what it means if 70% of the trading is done by computers on pre-programmed algorithms.
Dress rehearsal for the fully automated crash http://www.acting-man.com/?p=627
When taken into account that 70% is done by computers it is funny to here the CEO of the NYSE say that: “WE INTERVENE HUMAN JUDGEMENT” cause which “human judgement” is he talking about when almost all is done by computers? http://forum.prisonplanet.com/index.php?topic=169995.msg1011046#msg1011046
An other question comes to mind is; How does the NYSE intervene this human judgement? Probably also by a computer program or as the CEO calls it “Model”.
So what we have here is the situation that computers are trading which each other intervened by other computers when things go the wrong way. What this has to do with human judgement in the way the CEO of the NYSE probably means cause the only human judgement involved here is that of the Nerds who created this program algorithms!?
If I understand it well the SEC is missing the point here if it thinks it can fix thing by simply uniform the system of so-called “circuit breakers” cause that wasn’t the real problem.
The problem was that the programmed computers shut of after a certain point so that in fact there wasn’t a full market any more and that the few who where still there (computers or not) decided to sell on.
That’s also what Duncan Niederauer CEO of the NYSE said: “…,they think they are gonna get filled near the price and because of the other electronic markets are THINLY TRADE the next price maybe down 5, 10, 15 dollars and that ‘s how THINGS trade.”
SEC: Stock Exchanges Agree To Changes To Prevent Another Market ‘Glitch’ (The Huffington Post) http://www.huffingtonpost.com/2010/05/10/sec-stock-exchanges-agree_n_570483.html
@depression alert
Negative short term interest rates.™
Its a very old, basic computing problem:
http://improbable.com/2010/05/05/garbage-in-garbaged-out-presaged/
lets just say if the federal reserve quit printing money out of thin air the stock market would be around 2000 to 5000 now. But we’d have an honest stock market.
Got to cut the wires to the computers first though. And inprision most of goldman sachs.
Bill Gross: PIMCO will not purchase Spanish or Portuguese debt
http://tinyurl.com/25tbtem
This article was on jberni’s site. It’s not in English. I wonder why English speaking media hasnt’ picked up this story?
LIBERTARIAN DRUDGE!
http://www.theflashlight.org/
marietta, Isn’t pimco in with the bernake gang. I always thought they were.
Here is a translation of the Bill Gross story:
The largest fixed income manager and do not buy Spanish debt
Bill Gross, Edouard Carmignac, Fidelity, DWS, Deutsche Bank and Investec are some of the great international managers have rethought its bid for Spanish debt in recent months.
Fear of contagion from the crisis to other countries Greek periphery of Europe has made these investment firms and many others put a cross on Spanish bonds.
The rejection of these investors to government debt comes at a very delicate expire in July 20 000 million euros from bond issues that coincide with large Spanish refinancing of Germany and France. This increased competition is necessary to add that the foreign funds that are beginning to harbor a distrust of Spain 17.3% of public debt held by foreigners.
The fears of these investors have reached its peak this week, after credit rating cut to Spain by S & P, and doubts about the Greek rescue. Bill Gross, the guru of fixed income at Pimco, he expressed doubts about the ability of Spain to maintain a rating of triple A for Moody’s and Fitch, said that “the destiny [of Spain] looks like it will depend increasingly on the friendliness of the EU and IMF to rescue him. ”
Gross’s criticisms are translated into numbers. Pimco, the largest fixed income manager in the world, with assets of over one trillion dollars, has reduced its positions in Spain in recent months and did not invest a single euro of its main funds in debt.
Star managers
Gross is not the only manager to appear cautious about the economy of Spain. Edouard Carmignac, founder of one of the most successful firms in Europe, has also decided to dispense with this type of assets in its portfolio. This manager is the Carmignac Patrimoine, the largest European fund, with 21,500 million of assets. “We have a very prudent in terms of sovereign credit risk.”
In general, most firms have reduced their exposure to Spain and other countries on the periphery in favor of the debt of Germany and France are precisely the Germanic and Gallic managers.
“We’ve been underweight in Spain and Portugal and we had a slight overweight in Ireland. I believe that Greece will face considerable problems, but we will see a sufficient level of cohesion in Europe for the project to succeed, but with periods of volatility and doubt, “says David Simner, manager of Fidelity’s fixed income, a firm that, despite being optimistic in the medium term, is aware that there are still bumps in the road.
“The funds began to withdraw from the debt of the peripheral countries earlier this year. There are few positions, especially in Italy and Spain. Greece and Portugal only appear in the portfolios,” said Victor Nuero analyst fixed income funds Allfunds Bank Investment Consulting.
Even so, managers are not as pessimistic about the Spanish economy as Bill Gross and justify its removal by the increased volatility because there is no danger of default. “In the short term will remain nervous about the Spanish public debt. In the medium and long the fundamentals are good,” explains Nuero.
Volatility
This nervousness has led the country risk highs Spain to mark the history of the euro to exceed 164 basis points. Meanwhile, the CDS (insurance against debt defaults) has hit a record 253 basis points.
Volatility has also meant that the Treasury had to offer the most interesting year and a half to put 2300 million in bonuses to five years. So far in 2010, the Treasury has attracted more than 90,000 million between letters, notes and bonds, but he still would be over 130,000 million in 2010, provided you adhere to the provisions of Economics 2010.
@jon
Perhaps Gross is charged with starting the next leg of the Euro implosion.
Why would anyone with a fiduciary responsibility toward his/her clients consider buying sovereign debt of any of the PIIGS without a decent yield and a guarantee?
@FranSix
That “Dress rehearsal for the fully automated crash” article was a good find cause it cleared somtin up for me and brought the jigsaw pieces of info together.
This Duncan CEO NYSE guy told what actually happened but together with this article I suddenly got the full picture sort of.
I am still puzzled how you can have a market without human beings involved at all, practically speakin with 70%? Better to make on prog to emulate the whole dog and pony show and get rid of any human involvement.
Maybe this guy was right who claimed he was in the future and that everything was regulated by one big floating crystal like computer!? It doesn’t sound that far fetched at all suddenly after reading this.
@ Sherri,
I don’t believe in all these unproven, behind the scenes puppet master stories. Gross is being responsible. I found it interesting that I hadn’t seen MSM outlets pick up the story.
I was actually being a bit sarcastic.
@marietta
Why buy any debt regardless? U.S. debt is toxic as well.
@ Max, @ Y’all
Re: The US dollar emergency swap line/EU bailout/latest fiasco/ongoing theft –
Help me out here, please. The Fed provides U$Ds to the EU central bank and we get Euro-denominated instruments. Would it be correct to assume that not all of said instruments would necessarily be of the highest, most desirable, honestly AAA quality? Is it possible that the Fed may have just relieved a bunch of EU banks of toxic paper? Am I too far off base?
Why isn’t Bernanke up on treason charges?
Hedge funds are dream come true for Marxists like George Soros and Barack Obama – World Tribune: http://url4.eu/3IPk5
@Youri
The guy wouldn’t be managing $1trillion if he didn’t know what he was doing. If he invests in US debt, he believes it is safe for now. As soon as it is no longer safe, you can bet he’ll be the first to dump it. Whether bernanke is whispering in his ear to tell him when to dump it or if he’s smart enought to figure it out on his own makes no difference.
Silver Price Ready To Explode? http://ff.im/-k7VVu
@marietta
Short term he probably does but I am more of an historian and mostly think long term.
Don’t understand anything of this short term fuzzeling day trade around so I don’t touch it. Long tern I am quiet good.
Ex- Goldman Sachs Elena Kagan’s choice for the Supreme Court http://www.huffingtonpost.com/2010/05/07/elena-kagans-goldman-sach_n_568350.html
‘Sinking Euro can’t be saved’
http://www.smh.com.au/business/world-business/sinking-euro-cant-be-saved-20100511-uqkc.html
The push to rid ourselves of notes and coins gains momentum.
It costs too much to make coins, so Obama wants to change the materials. Possibly porcelain with chips in them. That should be cheap
http://www.usatoday.com/money/2006-05-09-penny-usat_x.htm
@marietta PIMCO will not purchase Spanish or Portuguese debt..thats racist..all debt is created equal!!
@Mini….poker chips would be more appropriate.
Chicago way sounds a lot like the “Mushroom way”. Keep you in the dark and feed you on bullshit.
@marietta:
Gross works for a subsidiary of Allianz, Germany. He is charged with investing his client’s money wisely. The Greek central bank should be charged with exacerbating the crisis in the European repo market:
http://online.wsj.com/article/BT-CO-20100416-710860.html?mod=WSJ_latestheadlines