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RE: [RT] Bohemian Currency ... sing it. (Off Topic Humour)



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The gold bugs have been particularly virulent in their trashing of the US dollar. I remember when the trashing of the Euro was so bad in 2000 that the consensus opinion was that it would be a failed experiment.
 
Favorite story of the dollar bears is that expansion of M2 and "M3" "prove" that the Fed is trashing the dollar. Anyone looking under the hood realizes that the expansion of M2 and "M3" are entirely due to individuals and institutions are hoarding cash. The monetary system is actually contracting at an unbelievable rate due to cash hoarding and this is deflationary, not inflationary.
 
I think the dollar bears are getting or about to get a BIG surprise. I show dollar in bottoming pattern, Euro in topping pattern, and TBond in topping pattern. All long term.
 
Earl
 


From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Ben
Sent: Saturday, March 22, 2008 10:33 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Bohemian Currency ... sing it. (Off Topic Humour)

 
Subject: Re: [TimeandCycles] Bohemian Currency ... sing it. (Off Topic Humour)




 
 
 
 
Bohemian Currency ... sing it.
got this today from a large company that will remain nameless.

Sing to the tune of Bohemian Rhapsody by Queen.


Is this the real price?
Is this just fantasy?
Financial landslide
No escape from reality

Open your eyes
And look at your buys and see.
I’m now a poor boy
High-yielding casualty

Because I bought it high, watched it blow
Rating high, value low
Any way the Fed goes
Doesn’t really matter to me, to me

Mama – just killed my fund
Quoted CDO’s instead
Pulled the trigger, now it’s dead
Mama – I had just begun
These CDO’s have blown it all away

Mama – oooh
I still wanna buy
I sometimes wish I’d never left Goldman at all.

I see a little silhouette of a Fed
Bernanke! Bernanke! Can you save the whole market?
Monolines and munis – very very frightening me!
Super senior, super senior
Super senior CDO – magnifico

I’m long of subprime, nobody loves me
He’s long of subprime CDO fantasy
Spare the margin call you monstrous PB!
Easy come easy go, will you let me go?
Peloton! No – we will not let you go – let him go
Peloton! We will not let you go – let him go
Peloton! We will not let you go – let me go
Will not let you go – let me go (never)
Never let you go – let me go
Never let me go – ooo

No, no, no, no, no, no, no, -
Oh mama mia, mama mia, mama mia let me go
S&P had the devil put aside for me
For me, for me, for me

<Guitar bridge>

So you think you can fund me and spit in my eye?
And then margin call me and leave me to die
Oh PB – can’t do this to me PB
Just gotta get out – just gotta get right outta here

<Guitar solo>

Ooh yeah, ooh yeah
No price really matters
No liquidity
Nothing really matters – no price really matters to me

<Instrumental ending>

Any way the Fed goes......

<fade out>



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