DrStool Posted March 12, 2020 Author Report Share Posted March 12, 2020 May the load bless you and keep you. May the load cause his countenance upon you. And be gracious unto you. From this time forth. Now pass the fifth over this way please. Thanks. Link to comment Share on other sites More sharing options...
Jorma Posted March 12, 2020 Report Share Posted March 12, 2020 This should be the bottom. Right? Or. Link to comment Share on other sites More sharing options...
Jimi Posted March 12, 2020 Report Share Posted March 12, 2020 5 minutes ago, DrStool said: May the load bless you and keep you. May the load cause his countenance upon you. And be gracious unto you. From this time forth. Now pass the fifth over this way please. Thanks. Link to comment Share on other sites More sharing options...
DrStool Posted March 12, 2020 Author Report Share Posted March 12, 2020 Was that a lot? Link to comment Share on other sites More sharing options...
GregFokker Posted March 12, 2020 Report Share Posted March 12, 2020 The Bankensystem Wankz Link to comment Share on other sites More sharing options...
BartTheBear Posted March 12, 2020 Report Share Posted March 12, 2020 No boner tonight. Everything closed at the lows. This is what it looks like. Link to comment Share on other sites More sharing options...
GregFokker Posted March 12, 2020 Report Share Posted March 12, 2020 Don't yet have a link but: Rank | Date | % ---------|----------|---------- 1 | 1987-10-19 | −22.61 2 | 1929-10-28 | −12.82 3 | 1929-10-29 | −11.73 4 | 2020-03-12 | −9.99 5 | 1929-11-06 | −9.92 Link to comment Share on other sites More sharing options...
Jorma Posted March 12, 2020 Report Share Posted March 12, 2020 I'm surprised Chiner isn't selling some of their Treasuries. I don't know what they would do with the dinero. I don't understand such things. How are liquidity problems over there working over here? Don't hear a thing about that. What's Chiner? Something you might have heard back in the day in Cicero, for China. Link to comment Share on other sites More sharing options...
fxfox Posted March 12, 2020 Report Share Posted March 12, 2020 Just another 1000 in ya face downmove in Bitcoin, 4800 right now. i say it again: Tripple digits within the next 2 weeks. Bitcoin is one big hoax, probably one of the biggest of all time. Link to comment Share on other sites More sharing options...
DrStool Posted March 12, 2020 Author Report Share Posted March 12, 2020 Bitcoin was the symbol of Fedcoin. Free money for bankers and speculators. LEE'S FREE THINKING The Fed’s New $1.5 Trillion in Repos Is The Wrong Medicine by Lee Adler • March 12, 2020 • 0 Comments The Fed panicked today. It doesn’t know what to do because, as Jeff Snider pointed out, it has no clue what the disease is. NO! It’s not the coronavirus, as the Fed claims, and litterally everyone believes. So the Fed’s prescription can’t work. The Fed announced today that it would attempt to stuff $1.5 trillion in short term loans into Primary Dealer trading accounts over the next 3 weeks. OK, but will there be any takers?” Link to comment Share on other sites More sharing options...
aussiebear Posted March 13, 2020 Report Share Posted March 13, 2020 A green close for All Ords, +1.3%, amazing ... Edit: was looking at delayed data site. Actual close was +4.1%. Link to comment Share on other sites More sharing options...
fxfox Posted March 13, 2020 Report Share Posted March 13, 2020 26 minutes ago, aussiebear said: A green close for All Ords, +1.3%, amazing ... I think that are those other 500 billion from those 1 trillion yesterday. As far as I know it was said two tranches one on March 12 the other March 13. Link to comment Share on other sites More sharing options...
fxfox Posted March 13, 2020 Report Share Posted March 13, 2020 12 hours ago, DrStool said: The Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York has released a new monthly schedule of Treasury securities operations and has updated the current monthly schedule of repurchase agreement (repo) operations. Pursuant to instruction from the Chair in consultation with the FOMC, adjustments have been made to these schedules to address temporary disruptions in Treasury financing markets. The Treasury securities operation schedule includes a change in the maturity composition of purchases to support functioning in the market for U.S. Treasury securities. Term repo operations in large size have been added to enhance functioning of secured U.S. dollar funding markets. As a part of its $60 billion reserve management purchases for the monthly period beginning March 13, 2020 and continuing through April 13, 2020, the Desk will conduct purchases across a range of maturities to roughly match the maturity composition of Treasury securities outstanding. Specifically, the Desk plans to distribute reserve management purchases across eleven sectors, including nominal coupons, bills, Treasury Inflation-Protected Securities, and Floating Rate Notes. The distribution of purchases across sectors will be the same distribution as the Desk uses to reinvest principal payments from the Federal Reserve’s holdings of agency debt and agency MBS in Treasury securities. The first such purchases will begin tomorrow, March 13, 2020. Today, March 12, 2020, the Desk will offer $500 billion in a three-month repo operation at 1:30 pm ET that will settle on March 13, 2020. Tomorrow, the Desk will further offer $500 billion in a three-month repo operation and $500 billion in a one-month repo operation for same day settlement. Three-month and one-month repo operations for $500 billion will be offered on a weekly basis for the remainder of the monthly schedule. The Desk will continue to offer at least $175 billion in daily overnight repo operations and at least $45 billion in two-week term repo operations twice per week over this period. These changes are being made to address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak. Reserve management purchases into the second quarter will continue to be conducted with this maturity allocation. The terms of operations will be adjusted as needed to foster smooth Treasury market functioning and efficient and effective policy implementation. Detailed information on the schedule of Treasury purchases is provided on the Treasury Securities Operational Details page. Detailed information on the schedule and parameters of term and overnight repo operations are provided on the Repurchase Agreement Operational Details page. https://www.newyorkfed.org/markets/opolicy/operating_policy_200312a Doc, under normal circumstances would‘nt that be one of the biggest injections ever made? I mean thats crazy! They pumped 500 bil yest, they pump 500 bil today or is this even 1 trill today??? A yes 1 trillion today, half in 1 month repo, other half in 3 month repos. Then they pump another 500 billion each week „for the remainder of the monthly schedule“??? What does this mean? Till FOREVER? They mean „till we again adjust the monthly schedule“, right? So they gonna pump and pump and pump monster size masses. Isn‘t that exactly how the low in 2009 was set? Can we really fall much more with such gigantic masses of money in the pockets of the dealers? Link to comment Share on other sites More sharing options...
fxfox Posted March 13, 2020 Report Share Posted March 13, 2020 Bitcoin low was 3900, right now trading at 5500. So it seems there is enough dough there again. Lots of "good" news coming: ECB will do more if neded, BoJ too, Nissan starts production in Hubei again, China lowers income tax by 15% for foreign companies... Seems like they are trying to establish a bottom here. There is really a shitload of liquidity pumped into the market. Link to comment Share on other sites More sharing options...
fxfox Posted March 13, 2020 Report Share Posted March 13, 2020 To keep things into perspective: DAX did fall within 17 trading days from a high at 13800 to an indicated low at around 8800 last night. That is NOT nothing. Carefull out there bears. Link to comment Share on other sites More sharing options...
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