♠RUSSIAN JET DOWNED BY MERCENARIES ON 2.2.2018.
☻DOW JONES BEGINS SLIDE ON 2.2.2018.
♠FISA MEMO RELEASE CAN BRING DOWN THE FISA LAWFARE OLIGARCHY.
♠ISRAELI JET SHOT DOWN ON 2018.2.10.
SYRIA SKILFULLY LURES ISRAELI JETS INTO A SNAKE PIT WITH A RUSE USING A DRONE. ONE F16 DOWNED,. OTHERS REALIZING THE TRAP, MADE A HASTY RETREAT. ♠♠♠Israel attacks Syria with warplanes & missiles SYRIA SKILFULLY LURES ISRAELI JETS INTO A SNAKE PIT WITH A RUSE USING A DRONE. ONE F16 DOWNED,. OTHERS REALIZING THE TRAP, MADE A HASTY RETREAT. TIT FOR TAT SHOT DOWN BY MERCENARIES TO FALL WITH A WIDE RANGE IN VOLATILITY. ISRAEL SHOCKED. SYRIA SHOOTS DOWN AN F16 SKILFULLY AMBUSHED WITH A RUSE BY SYRIA. OTHER F16'S DAMAGED AND MAKE A HASTY RETREAT. HEZBOLLAH ARE READY TO RE-TAKE OVER THE GOLAN HEIGHTS 1. SYRIA KNOCKED DOWN ISRAELI F16. ISRAEL MAD AS HELL, UNLEASES HEAVY ATTACK ALONG SYRIA'S WESTER FRONT. 2. FISA MEMO BELING BLACKED OUT BY MAINSTREAM MEDIA. 3. BITCOIN AND TESLA CRYPTOS ARE BECOMING THE NEW BENCHMARK FOR THE ECONOMY, THE MARKETS AND TRADE. 4. THE FALL OF THE USSR WAS DUE TO A CRUDE MONOPOLY OF CURRENCY AND THE STATE OWNED ECONOMY. 4.1. HOWEVER, THE MONOPOLY OF CURRENCIES BY THE FED AND CENTRAL BANKS ARE NO DIFFERENT THAN THE OLD USSR. THE CENTRAL BANKS ARE ABLE CONCEAL AND DECEIVE THEIR STATE LIKE OWNERSHIP OF THE ECONOMY, MARKET AND THE ECONOMY IN A SOPHISTICATED FISA LAWFARE REGIME WITH ILEGAL MONARCHIC POWERS MASQUERADING AS FAKE DEMOCRACIES AND REPUBLICS. |
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9. Johnny America February 10, 2018 at 3:34 am IF the facts reported are true, then Baiting an Israeli Jet into “ move Rather than let Israel surprise Syrian targets, Assads people instead took them on from a prepared position of strength. IF all the facts are true. For all I know, the drone Israel claims was launched from Syria may not even exist, they just used it as an excuse to attack. They could have bought an Iranian UAV on the black market themselves and faked the whole thing… “By way of deception…” Wouldn’t be the first time. Covert. Now is the time for Syrias allies solidarity and support. |
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"Major Escalation": Israel Carries Out "Large Scale Attack" On Syria After Israeli F-16 Shot Down  by Tyler Durden Sat, 02/10/2018 - 08:27 498 SHARES Update: According to Al Masdar, the Israeli pilot whose died from injuries sustained during the engagement.While according to initial reports both crew members ejected – the weapons operator wit and the pilot with ‘severe’ injuries, according to subsequent, still unconfirmed, reports, the Israeli pilot with serious injuries has died in hospital. No further details were given according to Al Masdar. This report however is being denied by the Times of Israel which reported that the pilot suffered wounds to chest, abdomen while ejecting f to be released home Sunday. The c injured after he was forced to evacuate the plane, stabilized Saturday morning, but he was still unconscious and connected to a respirator, doctors at Haifa’s Rambam Medical Center said. The condition of a seriously wounded Israeli pilot began to improve Saturday, after he underwent surgery for injuries he sustained while ejecting from his plane over northern Israel, in the midst of a severe confrontation between Israel, Syria, and Iran. The F-16 jet he was piloting took part in Israeli airstrikes in response to an Iranian drone that entered Israeli airspace from Syria in t As reported earlier (see below), a major battle broke out on Saturday between the Israeli Air Force and Syrian Air Defence Force over the occupied Golan Region, south Lebanon and the west Damascus region. Durin hours, Israeli warplanes and Syr as the latter launched a general attack against ‘Iranian and regime’ bases west of Damascus. And in a major escalation, one which has the potential to escalate into all out war, at the beginning of the battle, a Syrian surface-to-air missile downed an Israeli F-16I fighter jet over the occupied Golan Heights (described as ‘northern Israel’ by Israeli sources). * * * Earlier: Open war has now essentially broken out between Israel and Syria. Israel confirms through its dozen strikes on Syrian and Iranian military targets inside Syria, in what Reuters dubbed a "major escalation of tension". What we previously described as Assad's strategic "waiting game" and reluctance to respond to repeat Israeli violations of Syrian airspace while launching unprovoked attacks appears to be o defense has shot down an Israeli F-16 fighter jet near the Golan border region in what is a major escalation in the conflict. Moments ago, IAF aircraft, targeted the Syrian Aerial Defense System & Iranian targets in Syria. 12 targets, including 3 aerial defense batteries & 4 Iranian military targets, were attacked. Anti-aircraft missiles were fired towards Israel, triggering alarms in northern Israel Sources in Damascus say surface-to-air missiles going off non-stop. Israel is pounding western Damascus Though details remain murky and are still developing, Israel has confirmed that its F-16 jet has crashed in Israeli territory after it was struck carrying out operations targeting locations in Syria. The IDF spokesman quickly stated in a tweet confirming the shoot down that "Iran is responsible for this severe violation of Israeli sovereignty."  Confirmed photographs of the F-16 crash site in Northern Israel, which is reported to be 20-30km from the Syrian border.  Israeli security forces walk next to the remains of the downed F-16 Israeli war plane near the Israeli village of Harduf, Israel. February 10, 2018. Image source: Reuters   The minute the two #Israeli pilots arrive at an Israeli hospital , there F-16 was shot down while attacking #Syria-n targets , syrian army says their air defense system shot and The two Isra countryside of Galilee and were rushed to a hospital, according to local media reports. Israeli military statements have indicated that one of the pilots suffered severe injuries as a result of the emergency ejection from the aircraft. Video first posted on social media captured by onlookers in the area appears to show a pilot parachuting into the northern Israeli countryside of Galilee. Early unconfirmed footage of the F-16 crash and subsequent rescue have emerged on social media. The following shows multiple scenes currently circulating from the early morning incident:  #Syria Air Defense Force used S-200V Surface to Air missile to shoot-down an #Israel Air Force F-16I while was bombing an #IRGC base in Syria. The F-16 is crashed in Israel territory & its pilots ejected safely & were evacuated by S-70A. #IRGC has used UAV to check F-16 wreckage. This is the firs t promising a swift response, Israel has launched multiple retaliatory strikes against Syrian military bases in the s countryside of Damascus. This morning, an IAF pilot was severely injured as a result of an emergency evacuation from an IAF aircraft. T hospital for medical treatment. The incident is being reviewed. The family has been notified. Beirut-based Al Masdar News reports that the incident occurred at approximately 6:30 A.M. Saturday morning (local time) and that the Israeli F-16 fighter was hit while flying within Syrian airspace near Damascus. Official Israeli statements claim multiple of its jets were scrambled in response to an Iranian drone launch into Israeli airspace, which the IDF says was intercepted amidst "massive Syrian anti-air fire". The F-16 was engaged in an operation to destroy the Syrian ground base from which the UAV was launched. According to the Israeli version of events issued in real time by IDF spokesman Jonathan Conricus: IDF has targeted the Iranian control systems in Syria that sent the #UAV into Israeli airspace. Massive Syrian Anti-Air fire, one F16 crashed in Israel, pilots safe. #Iran is responsible for this severe violation of Israeli sovereignty. Event ongoing, more to follow. Accurate hits of Iranian UAV control facility confirmed. Breaking news: IDF intercepted an Iranian UAV launched from Syria over Israeli airspace, and is now engaging Iranian targets in Syria in response. More details to follow. The Syrian military has stated that its air defense missile system further struck an Israeli drone shortly after the F-16 was downed, which had been launched from the Israeli occupied Golan Heights. There's not been immediate Israeli confirmation of this second aircraft downing. In response to the F-16 downing, after 8:00 A.M. local time the Israeli Air Force fired several missiles targeting the Al-Kiswah area near what is said to be an Iranian base outside of Damascus. And shortly after this initial Israe massive wave of missiles hit a mountaintop Syrian Army base in the same area. Regional sources are reporting that multiple Israeli missiles struck the base, while others were intercepted by Syrian air defense. It appears that Israel launched missiles on locations in central Syria as well, with casualties reported among Syrian Army forces and their allies. The Associated Press cites a Syrian opposition monitoring group to report the A Syria war monitor says Israel has struck targets in central Syria and the southwestern suburbs of the capital Damascus in two separate and successive waves of airstrikes. The Syrian Observatory for Human Rights says the first round targeted in the central desert area where Syrian troops and their Iranian-backed allies including Hezbollah reports of casualties among Syrian government forces and allied militiamen. The Britain-based Observatory, which monitors the Syria war through a network of activists on the ground, says the second round targeted outposts in the southwestern suburbs of Damascus. Syrian government media reported multiple missile intercepts, likely through its sophisticated Russian-supplied anti-air defense system, and confirmed the large-scale Israeli attack on Syri central Syria. According to Syrian state-run SANA: The army air defense confronted a new Israeli aggression on one of the military positions in the central area and hit more than one aircraft... Moreover, the Army air defense confronted another Israeli aggression on Damascus Countryside on Saturday morning... Meanwhile, media of the Israeli enemy admitted that the Syrian air defense shot down an F-16 jet over Galilee in occupied Palestine and that its pilots were injured, confirming the closure of parts the Israeli airspace for aviation after downing the warplane. As a result of escalating events airspace closures have been reported over northern Israel, as well as multiple Israeli air defense warning sirens sounding at the Golan Heights and throughout lower and upper Galilee. Israel's Ben Gurion international airport outside of Tel Aviv was also reportedly on lockdown for some period of time after the exchange of fire between Syrian and Israeli forces. Meanwhile, the Israeli military has blamed close Syrian ally Iran for today's F-16 shoot down and escalation. The IDF issued a threatening statement which reads: "The IDF will act determinately against such severe violations of Israeli sovereignty by Iran and Syria and will continue to act as necessary. The IDF is ready for various scenarios and will continue to act according to situation assessments." And according to a statement issued to the AFP, Israel says Iran and Syria are "playing with fire" but that Israel does not want escalation. However, regional media reports indicate Israel has continued to pound the Damascus countryside throughout the morning. The Syrian government has condemned Israel's actions as unwarranted "aggression". It must be remembered that the Israeli Air Force has acknowledged striking targets inside Syria at least 100 times over the past few years of the conflict, with the last attack prior to today's events happening just earlier this week. Syria has frequently taken its case before the U.N., calling for official condemnation of the unprovoked attacks, but has been just as frequently rebuffed. In its now 'open secret' of a years-long pursuit of regime change in Syria, Israel has given covert support to al-Qaeda linked groups in Syria's south - near the vicinity of today's F-16 shoot down - which has involved weapons transfers and treatment of wounded jihadists in Israeli hospitals, according to The Wall Street Journal. As former Acting Director of the CIA Michael Morell once directly told the Israeli public, Israel's "dangerous g involved getting in bed with al-Qaeda in order to fight Shia Iran. And as Israel has long sought ways to justify attacks on Iranian assets in Syria while at the same time undermining and destabilizing the Syrian government, the downing of an F-16 may have given Israel's hawkish leadership the excuse they've been looking for all along to escalate toward a final confrontation. Middle East based journalist and analyst Elijah Magnier says we could be witnessing the tipping point that will ignite the entire region. Magnier reports that according to a "private source, all Syrian military and intelligence and their allies' (Hezbollah) positions in Syrian and Lebanon are on full alert." |
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Downing of Israeli F-16 warplane marks start of new strategic phase: Hezbollah By - February 10, 2018 133 (Propaganda Video courtesy of CBS “controlled news”) Editor’s note: Consider our accurate reporting of events to be “pushback” against firms to hack VT and its editor’s, writers and technical staff. How to you spell “f-a-i-l?” (Reports that covering Southern Lebanon, Golan and all of Israel, are coming in from Syria. Expect a few “accidents” such as when Israel “misplaced” two of their guided missile submarines, one sunk by Syria, the other at the orders of President Obama, both sinkings with all onboard confirmed. Consider you are being told nothing of what is really going on here and how “hot” this war is. Netanyahu is going to find out how far Trump Is fickle friend.) The Lebanese Hezbollah resistance movement has strongly condemned the Israeli regime’s continued acts of aggression against Syria’s military and civilian structures, saying the downing of an Israeli F-16 jet by the Syrian air defense systems marks the “start of a new strategic phase” which would limit Israeli violations of the Syrian airspace. Hezbollah, in a statement released on Saturday evening, praised “the v Syrian army and its valiant response to shoot down the hostile Israeli aircraft.” “Today’s developments mean the old equations have categorically ended,” the statement noted, adding that the Lebanese resistance movement firmly and strongly supported the Syrian people in defending their land, sovereignty and legitimate rights. Earlier on Saturday, Syria’s state television, citing an unnamed Syrian military official, reported that air defense systems had struck at least one intruding Israeli F-16 fighter aircraft. The official added that the aircraft had targeted a Syrian army base in the central region of the country, and that more than one Israeli warplane had been shot down. A pro-government military alliance in Syria said in a statement that Israel would see a severe and serious response to its “terrorism” from now on.  Palestini Meanwhile, a senior official of the Palestinian Islamic resistance movement, Hamas, says his fellow fighters and the Palestinian nation stand by Syria in the face o Isra foreign-sponsored militancy. “We commend the Syrian response to the Israeli aggression. We affirm that Palestine stands by Syria in the face of this hostile move,” Ismail Radwan said in an exclusive interview with Arabic-language Quds Press International News Agency on Saturday. He also condemned Israeli attacks on Syria, stressing that Damas self-defense against Israeli assaults.  Ismail Radwan, a senior official of the Islamicresistance movement, Hamas (Photo by the Palestinian Information Center) Radwan then called on the Hamas leadership, Arab nations and all Palestinians to join forces and confront “the imminent danger posed by the Zionist regime.” Meanwhile, the Ezzedine al-Qassam Brigades, the military wing of Hamas, has announced in a statement that they have readiness to the maximum level to ward off any possible Israeli attack. Abu Obeida, a spokesman for Ezzedine al-Qassam Brigades, said the new measures came in light of recent developments in Syria. · TAGS · downing · f16 · israeli · marks · phase · start · warplane Previ of Israeli military aggression against Sy Press PRES a . IRIB is sta independent of the Iranian gov legal TV and radio broadcaster inside Iran. IRIB's he by the supreme leader, Ayatollah Ali Khamenei, and is considered to be close to the country's conservative political faction. Press TV is headquartered in Tehran, and has offices and bureaus around the world, including London, Beirut, Damascus, Kabul, and the Gaza Strip. It bills itself as a third alternative to what it considers to be biased Western media and to Sunni media attached to radical Islamic terror groups; critics consider it a shill for the Iranian regime. Press TV is the first Iranian international news network. Their global Tehran-based headquarters is staffed with outstanding Iranian and foreign media professionals. Press TV is extensively networked with bureaus located in the world's most strategic cities. They feature often neglected voices and perspectives from around the world with aim to build bridges of cultural understanding, encouraging cooperation and unity between human beings of different nationalities, and races. They bring to light untold and overlooked stories of ind have experienced the vitality and versatility of political and cultural divides firsthand. |
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2018.2.2.
1. Dow is
pegged to the US Dollar, which is "zero" in value since 1971.
pegged to the US Dollar, which is "zero" in value since 1971.
2. The US
dollar has been unpegged in 1971 and has no value whatsover.
dollar has been unpegged in 1971 and has no value whatsover.
3.
Bonds+Interests are also pegged to the zero value Dollar.
Bonds+Interests are also pegged to the zero value Dollar.
4. Paper
commodities, Paper gold and all paper currencies and Trade have no ballast and are also pegg ed to the
dollar.
commodities, Paper gold and all paper currencies and Trade have no ballast and are a
dollar.
All markets
a re a moving targets. There is no cont rol, nor can there be control . It's a
scheme where the Unit <1> is a variable.
a
scheme where the Unit <1> is a variable.
Define uni
1 in a scientific mathematical summation like the g.bytes in cryptos, and you
have a solu tion that will destroy the mighty and the powerfu lly primitive like
Soros, Emil Wanta, Goldman Sachs, IMF, BIS, Swift, W
1 in a scientific mathematical summation like the g.bytes in cryptos, and you
have
Soros, Emil Wanta, Goldman Sachs, IMF, BI
orld Bank.
Cryptos ar
e
withstanding nuclear attacks and sti ll standing. Cryptos can also survive and
thrive during and aft er anucl ear war.
withstanding nucle
thrive during and aft
(2.2.2018)
☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻
THE FALL OF
THE PAP ER PON I CURRE NCY E MPIRE AND THE
REI AR RE UNTH IN KABLE.
THE
REI
1. ALL PAPER PONZI MARKETS ( BULLION,
STOCKS, BONDS-I
FISA LAWFARE HODGEPODGE REIGN AND REGIME ARE OUT OF CONTROL AND DOOMSDAY LOOMS.
FISA LAWFARE HODGEPODGE REIGN AND REGIME ARE OUT OF CONTROL AND DOOMSDAY LOOMS.
1.1. STOCK VIX INDEX ZIG-ZAGS AT 300-POINTS,
A CLEAR SIGN THAT THE FED AND CENTRAL BANKS ARE BOTH BEAR AND BULL.
A CLEAR SIGN THAT THE FED AND CENTRA
1.2. SINCE ALL PAPER PONZI MARKETS ARE UNDER
THE DIRECT AND INDIREC T CONTROL* OF THE FEDERAL RESERVE , THE ELECTRO-G.BYTE
CRYPTOS ARE BASHED AND STILL RESIST DESPITE MASSIVE FED. MANIPULATIONS OF
BONDS, STOCKS, COMMODITIES, CURRENCIES, BULLION.
THE DIRECT AND INDIREC T CONTROL* OF THE FEDERAL RESERVE , THE ELECTRO-G.BYTE
CRYPTOS ARE BASHED AND STILL RESIST DESPITE MASSIVE FED. MANIPULATIONS OF
BONDS, STOCKS, COMMODITIES, CURRENCIES, BULLION.
2. *Quantitive easing and buybacks.
2.1. THE US$200-TR ILLION PAPER PONZI EMPIRE
STRUGGLES, AND WITH NO ECONOMICAL SOLUTION IN SIGHT, MAY SEEK A PEARL HARBOR
SCALE EVENT.
STRUGGLES, AND WITH NO ECONOMICAL SOLUTION IN SIGHT, MAY SEEK A PEARL HARBOR
SCALE EVENT.
3. LITTLE PUTIN IS MUCH SMALLER THAN
THEIR US200-TRILLION PAPER PONZI EMPIRE.
THEIR US200-TRILLION PAPER PONZI EMPIRE.
3.1. IF THEIR PLOT TO SHOOT DOWN PUTIN’S
PLANE SUCCEEDS, PUTIN’S AI NON-STOP AUTOMATIC FIRING OF MISSILES BEGINS WITHOUT
HIS GENERALS OR PUPPETS THE CABAL BANK AND PLAN ON WITH THEIR MAD DOG
MATTISSES.
PLANE SUCCEEDS, PUTIN’S AI NON-STOP AUTOMATIC FIRING OF MISSILES BEGINS WITHOUT
HIS GENERALS OR PUPPETS THE CABAL BANK AND PLAN ON WITH THEIR MAD DOG
MATTISSES.
3.0. THE
RUSSIANS WILL TAKE OVER EUROPE WITHIN A
MONTH.
RUSSIANS WILL TAKE OVER EUROPE WITHIN A
MONTH.
3.1. EXCEPT
FOR THE US AND BRITAIN, WHICH AT THIS POINT WILL HAVE JOINED ATLANTIDA AND BUBBLE
UNDERWATER LIKE FISH.
FOR THE US AND BRITAIN, WHICH AT THIS POINT WILL HAVE JOINED ATLANTIDA AND BUBBLE
UNDERWATER LIKE FISH.
4. 4. WWIII, THE THIRD BRITISH PRANK TO
ADJOURN ITS COLLAPSE IN A CENTURY, WILL COST THE LIVES OF A BILLION BELIEVER IN
LIES AND PROPAGANDA, WHICH, ANYWAY, HAVE LOST
ALL RIGHTS FOR THE FACT OF
BELIEVING IN LIES PROPAGANDA AT THE COST OF TRUTH.
ADJOURN ITS COLLAPSE IN A CENTURY, WILL COST THE LIVES OF A BILLION BELIEVER IN
LIES AND PROPAGANDA, WHICH, ANYWAY, HAVE LOST
ALL RIGHTS FOR THE FACT OF
BELIEVING IN LIES PROPAGANDA AT THE COST OF TRUTH.
5. 5. ON THE OTHER HAND, ALL THIS IS
WATER ARTIFICIAL INTELLIGENCE OF THE WIRELESS BRAIN MIND MODEM ANTENNA TOY OF
THE ENGINEER GODS. THE ENGINEER GODS OF THIS WATER LIFE OPERATIONAL SYSTEM MAY
ENJOY A CHUCKLE OR TWO AND THEY ARE ELECTRO-MAGNETIC FIRE AND HAVE NOTHING TO
DO WITH WATER, WHICH IS THEIR TOY.
WATER ARTIFICIAL INTELLIGENCE OF THE WIRELESS BRAIN MIND MODEM ANTENNA TOY OF
THE ENGINEER GODS. THE ENGINEER GODS OF THIS WATER LIFE OPERATIONAL SYSTEM MAY
ENJOY A CHUCKLE OR TWO AND THEY ARE ELECTRO-MAGNETIC FIRE AND HAVE NOTHING TO
DO WITH WATER, WHICH IS THEIR TOY.
6. 6. IF AND WHEN THE DUST SETTLES, THE
ELECTRO G.BYTE CURRENCY ECONOMY WILL GENERATE SELF GOVERNING KINGDOMS, LIKE IN
THE PAST, AND THE REPUBLICS AND FAKE
DEMOCRACIES OF NO –MAN’S-LAND WILL NO LONGER FOOL THE SURVIRORS WITH
BRITISH PRANKS.
ELECTRO G.BYTE CURRENCY ECONOMY WILL GENERATE SELF GOVERNING KINGDOMS, LIKE IN
THE PAST, AND THE REPUBLICS AND FAKE
DEMOCRACIES OF NO –MAN’S-LAND WILL NO LONGER FOOL THE SURVIRORS WITH
BRITISH PRANKS.
☻☻☻☻☻☻ ☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻
2018.2.5.
"Termination
Event" Arrives: Traders Panic As XIV Disintegrates -90% After The Close
Event" Arrives: Traders Panic As XIV Disintegrates -90% After The Close
Profile
picture for user Tyler Durden
picture for user Tyler Durden
by Tyler
Durden
Durden
Mon,
02/05/2018 - 16:51
02/05/2018 - 16:51
690
SHARES
TwitterFacebookRedditEmailPrint
Today's market
turmoil has left more questions than answers.
turmoil has left more questions than answers.
“What was
frightening was the speed at which thema rket tanked,” said Walter “Bucky”
Hellwig, Birmingham, Alabama-based senior vice pre sident at BB&T Wealth
Management, who helps oversee about $17 billion.
frightening was the speed at which the
Hellwig, Birmingham
Management, who helps oversee about $17 billion.
“The drop
in the morning was caused by humans, but the free-fall in th e afternoon was
caused by the machines. It brought back the same r eaction that we had in 2010,
which was ‘What the heck is going on here?”
in the morning was caused by humans, but the free-fa
caused by the machines. It brought back the same
which was ‘What the heck is going on here?”
Some tried
to blame it on a fat-finger or 'machines', but in this case it was not the
normal cuprits per se...
to blame it on a fat-finger or 'machines', but in this case it was not the
normal cuprits per se...
“There was
not a single self-help; there were no outs; there were no fat fingers that we
saw,” Doug Cifu, CEO of high-speed trading firm Virtu, told CNBC.
not a single self-help; there were no outs; there were no fat fingers that we
saw,” Doug Cifu, CEO of high-speed trading firm Virtu, told CNBC.
“There were
no busted trades , no re pricing. It was just an avalanche of orders around 3
o’clock-ish.”
no busted
o’clock-ish.”
But while
we noted earlier that US equity futures were extending losses after the close,
but the real panic action is in the volatility co mplex.
we noted earlier that US equity futures were extending losses after the close,
but the real panic action is in the vola
Putting
today's VIX move in context, this is among the biggest ever...
today's VIX move in context, this is among the biggest ever...
And it
appears Morgan Stanley was right to bet on VIX hitting 30...
appears Morgan Stanley was right to bet on VIX hitting 30...
But the
real action is in the super-crowded short-vol space.
real action is in the super-crowded short-vol space.
XIV - The
Short VIX ETF - after its relentless diagonal move higher as one after another
Target manager sold vol for a living... just disintegrated after-hours, down a
stunning 90% to $1 0.00 .
Short VIX ETF - after its relentless diagonal move higher as one after another
Target manager sold vol for a living... just disintegrated after-hours, down a
stunn
Which is a
problem because as we explained last summer, the threshold for an XIV
termination event is a -80%dro p. What does this mea n? Well, in previewing
today's events last July, Fasanara Capital explained precisely what is going on
last July:
problem because as we explained last summer, the threshold for an XIV
termination event is a -80%
today's events last July, Fasanara Capital explained precisely what is going on
last July:
Additional
risks arise as ‘ liquidity gates’ may be imposed, even in the absence of a spike
in volatility. In 2012, for example, the price of TVIX ETN fell 60% in two
days, despite rel atively benign trading conditions elsewhere in the market. The
reason was that the promoter of the volatility-linked note announced that it
temporarily suspended further issuances of the ETN due to “internal limits”
reached on the size of the ETNs. Furthermore, for some of the volatility-linked
notes, the prospectus foresee the possibility of ‘termination events’: for
example, for XIV ETF a termination event is triggered if the daily percentage
drop exceeds 80%. Then a full wipe-out is avoided insofar as it is preceded by
a game-over event.
risks arise as
in volatility. In 2012, for example, the price of TVIX ETN fell 60% in two
days, des
reason was that the promoter of the volatility-linked note announced that it
temporarily suspended further issuances of the ETN due to “internal limits”
reached on the size of the ETNs. Furthermore, for some of the volatility-linked
notes, the prospectus foresee the possibili
example, for XIV ETF a termination event is triggered if the daily percentage
drop exceeds 80%. Then a full wipe-out is avoided insofar as it is prec
a game-over event.
The
reaction of the investor base at play – often retail – holds the potential to
create cascading effects and to send shockwaves to the market at large. This
likely is a blind spot for markets.
reaction of the investor base at play – often retail – holds the potential to
create cascading effects and to send shockwaves to the market at large. This
likely is a blind spot for markets.
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