tuesday brainsytorming

1. the plot developes as expected second half of November turns into a nightmare as yields all across Europe keep rising except for Germany as long as they do not give in to the money printing pressure  – so much to independant central banks as Merkel and her boys call the shots.

The FED will not announce a QE 3 yet as it will keep the pressure on Germany to give in and the US market drops another 10%. The Commerzbank is about to collapse that could bring Mrs Merkel to the edge especially with this Nazi scandal of the right wing terrorists.

We will drift a bit lower the next days before a sharp rally on Monday/ Tuesday as astropatterns indicate a positive short term event – I assume the kick off of the holiday shopping season will be very good briefly. Confirmed by the VIX which needs to make a quick dip to the 30 level before turning up towards 45-50 in DEC. Quite amazing despite tons of put buying the VIX stays  relatively low – hence some people are shorting it which is quite a brave thing to do or insiders know that even ECB  or  FED will announce QE. MRS Merkel is a Cancer who can be very stubborn and the Germans always have the option to leave the whole bullshit behind – why should they pay for the criminal actions of other countries.

Some screw the bears news will come at some point the next days but it will not be a game changer just a distraction as all the other bullshit.

excerpt

Uncle Sam To The Rescue: IMF Creates New European Bail Out Facility, The “Precautionary And Flexible Credit Lines”

Tyler Durden's picture

Submitted by Tyler Durden on 11/22/2011 12:01 -0500

And here comes Uncle Sam:

  • IMF APPROVES CREDIT LINE PROGRAM CHANGES TO PROVIDE LIQUIDITY
  • IMF CREDIT LINE CREATES NEW SOURCE OF FUNDS FOR MEMBER NATIONS
  • IMF ADDS EMERGENCY FUNDING TOOL TO ASSIST COUNTRIES IN CRISIS
  • IMF NEW CREDIT LINE AVAILABLE FOR SIX MONTHS TO TWO YEARS
  • IMF CREATES PRECAUTIONARY AND LIQUIDITY LINE
  • IMF SAYS ACCESS UNDER 6-MONTH LIQUIDITY LINE COULD BE UP TO 500% OF MEMBERS QUOTA

And here is the math: Italy’s quota is 7,882.3SDR; Spain is 4,023.4 SDR. Multiply by 5 and you get 40 Billion and 20 billion SDRs respectively, which  translates to $61 billion and $31 billion. A total of $91 billion in additional capacity? And that’s it: enough to fund Italy and Spain for… two months. This is the best the regime can come up with? Are you SERIOUS?

 

 

 

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~ by behindthematrix on November 22, 2011.

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