dragonpaw

Shadow Housing Inventory Still Looming

"Shadow housing"= smoke and mirror housing?
"gov't stats"=smoke and mirror stats?
" keynesian"(emphasis in small 'k") economics= voodoo economics; as are all ecomomic theories. No;stand corrected. All economic theories are just that: theoretical, i.e. without proof.
But as with all things metephysical; we don't need proof; only multitudes of believers.
Sheeple...... baaaaaa to your new regime anointed one!
Beeeeleeeeeeeeeeeve!

Six More ETFs From Direxion

All that this type of multiplicative bankster crap can lead to is more profits for Wall Street schills and inceased volitility in narrowly traded foreign markets. Banksters (here Direxion; as perhaps in " the wrong") trading the same positions on the long and short sides of the market is a recipe for small trader disaster.
You win a little; we (the banksters) win big!
You loose big; we(ditto) win bigger!
You're better off with the roulette wheel, where you have about a 50-50 chance of looseing your shirt; or maybe your ass.
"Use with caution"; yeah as with few grams of crack-cocaine!

Research Roundup: Citigroup out of ICU

Let's see,...Vikram Pandit (bandit?), a prime bankster on the receiving end of the gov't largesse is pimping his Citi whoredom?
God.. go figure... who would have guessed this?
O. Scruffy is on target; all the b.s. shenanigans pulled by the wall(ow) street banksters are unchanged.
We are no longer investors; we are all traders!
Welcome to the "brave new world" of roulette investing!
You can beat all of the sheeple some of the time, and some of the sheeple all the time, but in the bitter end, you will loose your arse all the time if you stay in the game long enough of the time.
We all look like big winners until the next big down-leg.
Keep pour stop-losses tight, and sleep at night.

Shadow Housing Inventory Still Looming

bbro;
Prove to me the US gov't is solvent. All ya gotta do is to audit the Fed. Reserve. Just ain't gonna happen. All the smaller (under $1B) 400-500 soon-to-fail banks will be "audited" and sold off piecemeal at 50 cents on the dollar. Look at last years failures; more of what's going around is coming around. Neither the failing banks nor their fake balance sheets are accessible to the local yokels (i.e., you and I).
The truth;"You can't handle the truth!"
Obamanomics dictates ; Extend; pretend, defend;defend; DEFEND!
How I long for the days of good old "voodoo" and "smoke and mirrors" economics!

A Year After the Market Bottom: How Are Things?

Obama will continue to campaign because that's all he knows. He is the ultimate flim-flam man. He can't govern; but no surprise, he hasn't managed anything to date. But he sure does a hell-of-a dog and pony show.His flunkies will continue to do his bidding. As he continues to fail, the lap dogs will continue to be thrown under the bus. Look at Rangel, Peterson, Massa (what was he lapping-up?)
...could Reid and Pelosi ber far behind?
As one left-wing commentator stated on the boob-tube yesterday, "the voter's have buyer's remorse, they'll just have to get over it..."
... and they will,dude, they will, come November;just wait.
But I woefully digress. As E.D. has aptly put forth, there is nothing that has been done to bolster my confidence in the gov't cranksters and the wall(ow) street banksters. The bubble is building in insider and thinly traded equities,and the little guy loading up on those "oh-so-safe" bonds. Both bubbles will burst, but "way too sooner" than most think. But isn't that how and why all bubbles burst. Chartists, you'll have to look elsewhere for clues...maybe tea leaves or Tarot cards?
Gold as an "out" may shine for a while. Way too much gold is held by the world-wide consortium of gold banks an gold banksters who hold multiple long and short positions. They control the price in general. (See Jeff Nielson and a host of others on Seeking Alpha on this topic.) GLD a listed and heavily traded ETF holds mostly futures notes and little or no real gold. Added to fthe Forex highly leveraged trades, this could become a bubble over-night. Caveat emptor!
In short, literally of firuratively; ..." got nowhere to run; nowhere to hide; nowhere to run to , baby..."

FDIC Vows to Sacrifice Small Banks

Once all the "small banks" (read; politically unconnected) fail, all that is left are the behemoths. Oligopolies triumph! All the bad loans are wiped from the books via the capital of small and local investors.
Shame on those greedy little "wall street types." The scavenger funds supportive of the new regime gobble up the remains for ten cents on the dollar and the bankster charade begins again with a more "progressive" i.e. socialist agenda.
The new regime shines and the sheeple are none the wiser.Oddly enough, I just commented on another Alpha article with a similar tone on what's happening in China.
What goes around comes around; brace yourselves!

Bloomberg Report: China to Nullify Financing Guarantees by Local Governments

Good to know that banksterism is alive and well and living in
Beijing. Let's see now, if China is still communistic, like all previous commie regimes, it is bolstered by a series of insider oligarchs.
Now if the big banks can't fail, we let the small ones drop like flies(kinda like what's going on here in the US), let the small investors (local yokels and foreign hedge-fund hucksters) take it on the chin(or up the rear), and sell of the remains at ten cents on the dollar to the insider oligarchs. No biggies fail, the books are wiped clean, the real estate bubble pops (if a bubble pops and the regime covers the world's ears; does it really make a noise?), and the gov't coffers go unscathed.
Gosh, what a system!
I thought I had a hard time following the roulette system (US gov't and Wall Street) here in our own back yard!
Hats off the those who have the canjones to spin the wheel and watch slight of hand 8000 miles away!

Five Quality Dividend Stocks Despite High Payout Ratios

I read some charts, but bought some farts;
Due diligence intended.
I'd rather play most days, than gaze thru haze (Wall Street b.s.)
Place stop-losses. and sleep contented.

British Pound Falls Off a Cliff

Not to wax dogmatic here but the chart does show a 5+% loss over a six month running average. From the high point to the lows, this is over 10%. Again on an annualized basis these numbers would be 10% and 20% annualized. These are not stock or bond prices but relative currency values.
Just for example, if we consider the total value of all US owned assets, this would amount to $50T. I just heard this yesterday (doesn't sound far off the mark) on the boob-tube. If this value dropped 10% annualuized, this would come to a $5T LOSS!
Yes, this would be an "off-the-cliff" number! Currency loss is far more important than market losses ,due to its far-reaching effects.
If we have the larger 20% annualized loss on the dollar, our currency and our collective -value asses are grass!

21st CENTURY BREAKDOWN

Excellent summation , James, as usual. But I do so hate when scary and far- fetched seems correct. I will try to get friends and relatives to read this treatise and comment accordingly. The more we can do to enlighten, the more enlightened decisions we can make.
Our boomer generation has screwed-up royally. As a near- future recipient of gov't largess in soc.sec. and medicare, I would be willing to forego personally these "entitlements" if I were allowed to pay my own way without excessive taxation. "Means-testing" will become a necessity. This will anger many of the "entitled." A word by the way,that has become synonymous with "birth-right."
The banksters on Wall Street and the cranksters in D.C. will continue to lie , cheat, and steal. The only "prophet" in the boomer gen.that has any wide appeal seems to be Glenn Beck, and isn't that scary in it self!
As screwy as he might sound on occasion, he has pounded on debt, the dollar, the delusion, the depletion, but is a little more up-beat about the decline.
Maybe we can stop the complete decline. It will take Hurculean effort, it will take pain, it may take much of our wealth. But it may leave us with dignity and something of value and integrity to pass to our children. May God help us!

'Pretend and Extend' Meet Brick Wall

The US "owes" 12-14$T on paper; our GDP is ~$15T($4T thanks to gov't); total net worth of the entire country is~$50T; un- and under- funded US debts (soc sec., Mecicare , medicaid etc. ad anuseum) in the $100T range. The entire country and system is a fraud!
The fraud , the,fradulent, and the defruaded are all coming home to roost.
"we have seen the enemy; and he is us...."

A Retrospective Look at U.S. 'Gold Reserves'

Audit the gold in Fort Knox; ain't gonna happen. Audit the fed; ain't gonna happen. These are illusions our gov't must prop-up at all cost. Once these illusions are gone, our whole system is gone. Unfortunately this is true for 90% of the rest of the world; George Soros and like friends are exempted.
The TRUTH; "You can't handle the TRUTH!"
May the liars succeed; at least until the next mid-term election.
And may the new round of lies seem more plausible!

Bullion ETF Shrinkage Good for Sector

Recusant; you're right,once the dust settles, gold wil forge ahead probably to record highs even in real "dollar" amounts. In today's US dollar values maybe $3-4K.
The question remains, when to bail out with today's gold holdings?
I've got my quesses, but I'm not shooting for anywhere near $2K;
remember the gold banksters have to cover their "shorts", figuratively and literally

Financial Risk Severely Mispriced

Very good analysis. The notion that "money can be created" is somewhat fanciful. " Money creation" leads to either inflation or devaluation, which, when thought about, are one and the same thing.
You won't here the new regime talk about de-valuation. This is Weimar-like; an admonition by the gov't of complete economic failure.
Gov't strives for inflationary consequences, wherein it becomes the knight in shining armor raising interest rates to combat the out-of control expanding dragon, which it has ironicly created.
With the new regime already priming the masses for a doubling of the national debt within 4-5 years, be prepared for double-digit inflation.In the mind of gov't think, this will be "success."
On the other hand, if the world chooses to devalue the dollar to its real meaningful (30-40%of face?) level, our collective ship is sunk.
This could lead to the ultimate new-regime socialist triumph.
Our 5% of the world population could then own 5% (versus 35% the US now owns, at least on paper) of the world's wealth.
This will truly be ''change we can believe in." It will be change beyond our wildest belief!

Bullion ETF Shrinkage Good for Sector

Good comments all; however,when the GLD-SLV scams are brought to public knowledge, the price of gold and silver in any and all forms will plummet. This includes real gold, gold producers, gold banksters on both the long ans short sides. The end product is that all markets both real and contrived; Comex, futures et al will collapse.
Don't bank on a gov't bailout. The gov't doesn't want gold in the world financial mix: it provides too real a contrast to the failing dollar.
By allowing the gold banksters to control prices through inside long and short sales, they temper real gold values and will provide a welcome scapegoat when the bottom drops out.
SEC control af such scams; fugettaboutit! The fake gold in GLD is just the same as any derivative play that the gov't is impotent and neglectful of policing. So again, when all little players are srcewed in the price drop, "Wall Street did it again, how could we have known?!" The dummies in D.C. win again!