Darwinist

Ben Bernanke Pleads for His Job; My Response to Bernanke

I'll have to call current era as "Great Deception". Benanke is the biggest fraud engineer of 21st century. There is no guarantee "We won't get fooled again(The Who)" this time because our Bible is so weak and feeble - a daily stock market close will do it. Why on earth people spend so much time and money to commit themselves in most unproductive scheme (i.e. financial market) is beyond me. No wonder some see the demise of capitalism. This is our degeneration.

How Larry Summers Lost Harvard $1.8 Billion

0.01% of the world's most powerful elitists are here to destroy all of us with endless folly. Summers is just one example. Gordon Brown sold more than half of Britain's entire gold reserves near bear market bottom between 1999 and 2001(in $275 range) is another. Then came Benanke who is determined to rescue crooks and destroy American civilians. It all comes down to this simple doctrine well said by Lord Action: " Power corrupts, and Absolute power corrupts absolutely". Folly from top people ends all of us unless another Depression restores power to people. Get it?

Gold Bears Stop Sector from Overheating

Gold Commercials are insiders related to government and Fed, they are in the market to suppress the gold price so to create the image that the Authorities have everything under control. Also, they are audacious enough to think Gold is only an Anglo-world commodity upon which they can fully exercise control. CNBC reported yesterday SPDR GLD ranked the third in the world now in terms of gold holdings. World-Civilian Central Bank Here we come ! This time, the repeat of 800-year folly will be all central banks' folly. Before we see another moral-motivated Fed chair like Volcker, you can forget about stopping gold's move. Everybody need to study how much T-bills rate has risen from 1975 to 1981 to answer yourself when gold bull market will end.

Gold's New All Time High

To Author,
Great article! The silence here is a contrary indicator. A lot of people are stunned. That's why. However, Gold's past huge rallies have gone into a rest area(consolidation correction) after a 4-day price island. Unfortunately, nobody knows will it repeat again until next Monday. We may stay in a little price-island this week until after Black Friday.

Goldman Sachs' Latest Initiative: Business Plan or Charitable Donation?

Who's behind Goldman Sachs? If you don't know the answer; you are dumb. Goldman's apology is testing(or miscalculating) American public's intelligence or stupidity; you decide. Market may provide answer for us. Watch carefully if Dow's rising wedge is broken on the downside in a 90% down volume day may provide clues.

Options Trader Thursday Outlook: Get Ready for the Next Million Layoffs

Phil Collins has a famous song called "Against All Odds". Usually a bullish technical formation on market's rise we should see a 'falling wedge'; but this time from March09 bottom onward we are seeing a "rising wedge" on Dow. If a rising-wedge-shaped-rally turns into a blow-off top at the end outside the wedge, I'll have re-learn everything about known technical analysis. Maybe government-induced bubble will force everyone to re-learn. Is it really different this time? Can anyone tackle that? Are we against all odds?

Gold Transforming into a Completely Demonetized Wealth Asset

A stunning article and very insightful! Central Bank's quantitative easing is a crime and it causes gold to climb. Beware of the possibility that endless bailouts, stimulus, and zero interest rates may cause gold price to go parabolic. "Hey, If you are crooks, we'll help you. If you are savers, we'll put you under the bus."- Central Bank said.

AUDIT THE FED BILL GUTTED BY CORRUPT CONGRESSMAN MEL WATT

Thanks. Mr. Quinn. I'll call my Rep in Texas to support Ron Paul's HR 1207. I urge everyone who read this article to call. If you all let the Evil and the Corrupted overtake you; there will be no free market in the future for many years to come. And that may doom us to follow the fate of Roman Empire. All Collapses come from Corruptions. There is no exception to this simple rule.

Today's Pullback Surpasses 2009 Mean

"Rushing to the door" to lock in a too-good-to-be-true performance by mutual funds industry today can only be considered a mini-exercise of market's downside power. If you just wait long enough, one day the dark pools guys will unload their stuff front door(market hours) and back doors(after market close) at the same time just like today.Like Roubini, I can say I don't know when, but when it comes; only those bulls can feel the thrills and panic. After that,
they will be transformed to liars.

Roubini Hates Gold: Is He Wrong Again?

Roubini talked about bubbles and then said there is no inflation. Aren't that asset price bubbles inflationary against your purchasing power? Use oil price to measure gold price; there's crazy too. Gold has been there for thousands years without oil market and in buggy era. I don't agree with either this author or Roubini. As long as we don't have another Volcker moment(high interest rates and tight monetary policies), those of you who own gold should relax. I tend to think in terms of Dow-Gold ratio; 1X and price-crossing will be a once in a lifetime event and 2X will happen once in every century.
Needless to say, 2X happened in July/1932 and 1X happened quickly for an hour in Jan/1980. Here are some gold price targets from different people: $2000(Rodgers), $3000(Tice),$5000(Schi... and $10000-1X(Dr.Petrov). You probably do better with gold with an objective price target of Dow-Gold ratio of 2 to 1; no matter where is will be? Can anyone say for certain where Dow is going to be with all the interventions by WS and The Powers that be(Dow maintenance)? Watch Oct close on Dow and Gold to decide for yourself: Is this a 1975 or 2007 Redux? Go back to your charts and strategy drawing board.

What Gold Bubble? Setting the Record Straight

Who is more Pozier? Fed and its $FRN or Bernie Madoff? Answer that question yourself. But I think the Gold's price breakout has spoken for most people except so-called smart money(commercial accounts) and they use printed $FRN to short(JPMorgan/Chase). If they lose, they just turn around and ask for more money from Fed. Gold ultimately may serve as people's weapon against free market manipulations.

Recession Is Over; Depression Has Just Begun

Behind closed doors, Fed, PPT, and Wall Street gangs will giggle to death if people are convinced the recovery is here to stay. They pat each other on the back and congratulate themselves for successfully instigated a "confidence game" with American people. After all, Stock market gains are tantamount to a government-manufacture... so you feel less angry and agree with what they are doing. Running a deficit to save a nation by government is fine. But running it thru TALF,TARP, and bailouts, forced out like BofA deal. No. Send a $100,000 check to 98% of the tax-paying households(excludes top 2%) to run a deficit is democracy. Let "too-big-to-fail" banks/frauds fail and "systemic risk to crooks" realize. This country will be fine. When government cherry-picking and subjectively decide the groups they subsidize. That's what I called tyranny in modern times without wars. Adam Smith actually plants the seeds for self-destruction by advocating people to be extremely selfish. Anglosphere's economic fates will all be challenged in this crisis. Great Recession? Some bears have converted. Great Deception(by our government)? I wish I know the answer.

Economic Collapse Is Accelerating

I looked thru two Great Depression books in my hand and I couldn't find the word "Jobless Recovery". After today's July retail sales number, an economist(parasite!) even says the early stages of the economic recovery will be without consumers. So "Consumerless Recovery" here we come. Can anyone please tell me if you ever see this kind of recovery before? If not, then only the depression itself can bring everydody down to earth; including the spinning government. You better pray for one becasue that is the ultimate cleansing medicine we need.

More Market Swings Are on the Way

Are we in a financial civil war with PPT,The Gov't,Fed, and Wall Street all on one side and the rest of us on the other side? If you want democracy to continue, we better win this battle. Otherwise, the super economic injustice and inequality will continue and many years of pains will be with us. In Great Depression, the half-time market high finished on 17th month(Feb,1931);this time PPT is trying to fool all of us by pushing a higher price in 18th month(April 2009). Can we examine CFTC book to see who bought futures on DOW and SPY on 3/10, 3/23, and yesterday? I guess not.

History Indicates a Bottom

Well ! A sage has said the following and I want it to be widely circulated to reflect the true picture of the market:
If you are looking for the stock market bottom to buy there's special offer : Buy one and you'll get next one free.