It all ends Monday [UPDATED]

The problems with liquidity are not new, in the Market data thread the issue of how the markets are been worked are nothing but short of the biggest scam in the history of our modern word.

Even if the MF is causing a mess, the real problem is that the whole waited bailout for the EU is nothing but a sham, all the talk and nothing to back it up, because is not money to actually back the bailout up if the nations some of the more affluent nations (including the US with the IMF) doesn't start printing money.

The markets are nothing but a gambling game where wealth is just in the hands of the few while the nations are been gamble away at the expenses of their citizens.

Since the markets went electronic is actually no real liquidity to back anything up.

That is why people keeps asking why as the world is in turmoil US markets are doing fine, well is easier to control markets with a push of a buttom without having actual funds to be transfered.

sad isn't it.

According to the Reuters' article MF Global was the MOST active broker on the CME's New York Mercantile Exchange and COMEX metals market, and No. 2 in Chicago.

The media has been downplaying the damage from the fall of MF Global. CME is hurting and trying to dig up liquidity.

imo

The link to the Reuters article isn't working so will post it again here:

MF Global rivals race to 'margin up' new clients

reply to post by jolynna


They where also up to their neck with JP Morgan and Goldman Sach but that tibit was not exploited, I wonder why? perhaps because Corzine was a Goldman Sach alumni.

If Corzine could talk the secrets we would be learning about the two most corrupted institutions in the world.

but he never will, such a good boy faithful to the masters.

reply to post by marg6043



Perhaps, the few who wield extreme liquidity will be able to scarf up the fallout at a bargain, consolidating even more wealth into fewer and fewer hands. Seems to be the trend.

So, I am not sure i understand what would happen if the commodity market melts. Where is all the cash we have been printing anyway?

Og

Originally posted by ogbert
reply to post by marg6043

 

Where is all the cash we have been printing anyway?

Og

Ask Kyle Bass where the cash went. Or the executives who ended up with 11 million dollar bonuses. The taxpayers kept the TBTFs propped up and kept the status quo for a little while. But, imo, it is only a matter of time before those houses of cards fall. We threw our money down rat holes.

I don't think 2008 was ever fixed. MF Global is evidence that the firewalls that were supposed to have been put in place to keep certain monies from being recklessly gambled or the banks from being over leveraged DIDN'T HAPPEN. I have a feeling that the governments and too big to fail institutions had attacks of Maddoffism. Now the margin calls are starting to come in.

Interesting times.

imo

I think a lot of the printed cash has gone to corporate wages and bonuses, as well as to pay for real estate loan losses. The corporate big wigs give money back to the politicians who bailed them out. A lot of the corps can not survive without government handouts anymore, but they are fooling shareholders into thinking they are making money. Everyone says to buy something tangible, like metals, and avoid company stocks. especially avoid stocks in banks, I am told. We will soon see.

reply to post by ogbert


That is a good question, but we know that since 2008 the Fed has been using trillions of dollars to fund the IMF in an effort to keep the EU bank cartel afloat after the economic crisis.

The funds used are not really accountable, as the Fed have the power by pass congress and the president when it comes to how they use those funds.

The Fed's $16 Trillion Bailouts Under-reported

www.forbes.com...

By that article you can pretty much tell who is been bailing out the EU big banks for the last 3 years, the money has nothing to do with the congress approved bailouts here at home.

We all know who runs the Fed is no Obama or congress.

"Federal Reserve became law in December 1913," declared Perloff. The solution was drafted at Morgan's hunting club on Jekyl (sic) Island off the coast of Georgia. "The Fed," stated Allen, "was drafted on Jekyl Island in Georgia by Senator Nelson Aldrich; Henry P. Davison of J. P. Morgan and Company; Frank A. Vanderlip, President of the Rockefeller-owned National City Bank; A. Piatt Andrew, Assistant Secretary of the Treasury; Benjamin Strong of Morgan's Bankers Trust Company; and [Rothschild representative] Paul Warburg." Tucker added "The 'Fed,' ... is allied with the Bilderberg group, which is composed of the world's biggest moneychangers--led by the Rockefellers and Rothschilds."

www.thehiddenevil.com...

This are the now entities filling their coffers with tax payers money.

Reply to marg6043


Thanks,

I pretty much agree with your sentiments. What's blowing my mind is that none of the old rules are applying. We are seeing deflation in real estate, naturally, as it was a propped up market, but inflation in food. With all of the money being spent in wars, bailing out banks, etc,; it seems as though none of the funds are being circulated, which would cause inflation?? So, no one has any money, but the presses are running full time.

If CME busts, what then? Highly leveraged farmers go out of business? Deflation, like the 30's?

One thing-- those with cash do not like inflation, as it decreases purchasing power.

Something for people to chew on for a while, When Corzine left Goldman Sach to join the MF he make promises to turn the MF into a mini Goldman sach, so if he ran the MF like Goldman Sach is been run we are in deep crap.

The banks are going down? Now their wont be people to buy abandoned homes and resell for triple the price.

No offense OP...but this is just a frigging joke. Just like the hundreds of other threads predicting that "the next day" is the end of it all....its coming "i swear!".

Ill give u my snipping house if anything like you say happens on monday, you are a joke, and so are all the fearmongers on this site. Enough is a snipping nough....

Reserving my spot here to come back monday to laugh in your faces.

Tptb will not let this happen.

reply to post by amongus


Actually is been on going, is actually amazing to see how the ones controlling nations economies have all kind of tricks to keep the global banking cartel afloat at the expenses of their citizens future.

The debt been piled on generations to come is becoming unsustainable. Even the US debt is unsustainable, but hey those holding the power will do anything to keep that power.

I find the survival plans more amusing that a definitive economic global collapse.

reply to post by amongus


Put me in for options on that house to the OP, in fact, I'll pick up 50% option on the title, if it's availible, or perhaps I can just put in a margin call on the dwelling.....

Nonetheless, i hope your correct, but fully prepared in case your not......

Pushing firms like MFG under the ice in a controlled manner is as effective as Quantitative Easing?

reply to post by Vitchilo


Is this really the event that will trigger the collapse? If everything is leveraged as much as they say it is then this could be it. Alot of people are going to lose there shirts Monday morning.

Originally posted by The GUT
Does this mean that The 99% will grow to be The 99.99%?

I can just see it: A few ex-bankers think about jumping to their death in the time honored Wall St tradition and then decide better of it and make a sign and join OWS.

edit on 4-11-2011 by The GUT because: (no reason given)

NOW I remember what this depression was missing! CEO's and bankers leaping to their deaths. As my dad use to say " One sign that America and the economy are on the right road to recovery, is when these business criminal AHOLES start leaping from ledges!" while I say suicide is never an answer, one or two people amongst the Wall ST crime family my be a hope and dream come true

But I hope this economy does start to crumble only for the sake of proving that we as a people NEED to help each other; not with a socialist platform of wealth distribution, or universal health care or the umpteen million items the OWS or others yell about. its simple HELP those around you! scrap food build communal gardens simplify life gold and silvers is true cash, no bank dependency,drop the breuacrate BS no welfare. Just help those in need, and those who accept help in return. I know blah blah shower hippie, I'm far from a hippie but I see our current system is faulted, LET it fall and try again, true capitalism no more bailouts or too big to fail garbage. Viva Free Capitalism! Viva Revolution!

I doubt everyone will lose their shirts some smart people saw this or a similar event coming. But what worry's me is
that some may have engineered this event to coincide with November 5th.

If the market swings in commodities are going to be anything near as dramatic as the chatter on ZH and other traders sites are sounding right now then it's pretty safe to say that some very large fortunes will be made and lost next week...life changing stuff...

And for the people who are saying that nothing will happen:
While this may not turn out to be the end of the world a margin increase of this magnitude is completely unprecedented.

I sincerely doubt that it's not at least going to be a wild next couple of trading days...many many many stunned traders are going to be getting margin calls, closing positions, moving large sums of money, having collateral auto-sold, assets liquidated, or just doing everything they can to save their ass - all at the same time.

There was no warning on this move by the CME and that's going to be a huge issue for anybody with an open position.