Will Silver Stocks Outperform Bullion at $130 per Ounce? [View article]
The question is, will Bernanke finally respond like Volker in 1979, or will we savers need to storm the Fed with a guillotine in tow? I may have some silver, but I still want to be in that mob.
When? When it's preceded by the word "Jobless". What a moronic oxymoron that can only be uttered by a elitist keynesian bankster. Try faking a recovery without the bernank clownbux. Have you know-it-alls ever considered letting the markets clear themselves of excess, allowing price discovery and the foundation of a real recovery? No, you would rather administer more propofol and just hope the patient doesn't crash. Heaven forbid the elitists feel any pain!
“The crisis came from debt and you don’t escape it with more debt,” Nassim Taleb says. “My fear is if we don’t stop [the U.S. government] now, they’re going to create hyperinflation,” adding, "Nobody has confidence in a guy like Bernanke." [View news story]
You've got debt and credit confused, Alex. Credit is good and debt is bad. No sovereign nation is a revenue engine that therefore cannot be compared to a corporation. Therefore, their deficits are DEBT - bad, bad, bad. The only way to escape it is to allow the inevitable deflationary spiral to happen - otherwise you inflict max pain with hyperinflation first. Taleb is correct.
Recession Is Over: Long Live Depression [View article]
clowns to the left of me, jokers to the right
On Aug 02 01:28 PM Tony Daltorio wrote:
> You political wackos kill me. Do you understand both political parties > - left and right, Dems and Reps, have been bought and paid for by > Wall Street? > > There is NO difference in economic policies between Bush and Obama > since the key to both administrations economic policy is to protect > the Wall Street economic elite at the expense of everyone else in > the country.
So, Are You Buying This Jobless Recovery? [View article]
any semblance of a "recovery" without jobs and earning power is not a recovery. it is a "mockery" with only elitist investment banking institutions enjoying a gravy train a la john q. public.
Stock Market Warning Signs Become More Pronounced [View article]
Great job Erik. The sheep need to understand, that despite efforts to inflate and a high probability of a continued up-trend in the short-term, the longer-term indicators are what they are, and given enough time they never lie. As Dirty Harry says, do you feel lucky? Thanks for reminding us to exercise caution in a market that looks very much like 2008.
Natural Gas: Best Energy Investment of the Decade [View article]
I think nat gas is proof positive that the US recovery is a farce, and it simply hasn't been a major speculative implement for the big boys. But since the monopoly money needs to go somewhere, and excessive oil speculation causes too much collateral damage, I am hopeful for nat gas. Thanks for the analysis.
Will Stocks Rally on Bad News This Week? [View article]
I agree, Erik - I've been too often and deep where bearish is now. I would only add one more thing... an intangible. Traders should never forget that if they are short, the majority of the trading population are against them - and so is the PPT (whether you choose to believe in them or not). As such, I now always watch my shorts very vigilantly, and carry tighter stops than longs, or hedge in other ways. My trading strategy just triggered a short on TNA yesterday. It wasn't available to borrow, so I bought TZA instead. Upon this mornings gap down, I wrote covered calls against them at very good premium. Now I can rest a little easier until the end of the cycle. Although my model has back-tested NO losses against TNA, TZA since their inception (if one is willing to hold through short-term pain), I simply do not trust my butt hanging out on a short with all this blatant manipulation.
A partial win for the Fed, which gets a 60-day delay on revealing details of its emergency lending program. The ruling buys the Fed time to decide whether to appeal to the Supreme Court, but is 30 days shorter than the delay it had requested. [View news story]
Wish us luck on that one, Rocks. That could only POSSIBLY happen if the American populace became educated about the true nature of the current central banks - but, unfortunately, most still think that ours is actually a Federal body and they believe that it really is necessary to prevent "all hell from breaking loose"; not realizing that they are actually hellfire itself! This is because whether it's CNBC, MSNBC OR FOX news, they all hang on the Fed's every word and action as the possible panacea. Ron Paul has unfortunately been marginalized at every Fed hearing appearance as a libertarian, conspiracy theorist kook. And I think he scarcely has more than a fringe following still today. Dare are I say, our only hope might very well be Glen Beck, who also appears to be a fiscal/monetary and libertarian, to drive home the message. I am ashamed to admit that a majority of Americans seem really to be, as Gerald Celente puts it, "Snooky stupid". We seem to need a sensational, secular, dramatized source of inspiration on anything - trivial or not.
How Have U.S. Stocks Defied Gravity for So Long? [View article]
i don't think its curious that states and municipalities continue to go bust while the government-enabled central bank and investment banks prosper. i'd say its gone pretty much as they'd planned. a new world order needs the states out of the way.
Telltale Signs That a Significant Correction Isn't Imminent [View article]
Well said. Now, how in he!! can this be legal???? Why do we sit idly by, knowing a generation of 401Ks and other investment/retirement accounts are about to take a hit that will take 100 years to recover from???? This is criminal!!!
Will Silver Stocks Outperform Bullion at $130 per Ounce? [View article]
I may have some silver, but I still want to be in that mob.
When Recovery Is Just a Word [View article]
“The crisis came from debt and you don’t escape it with more debt,” Nassim Taleb says. “My fear is if we don’t stop [the U.S. government] now, they’re going to create hyperinflation,” adding, "Nobody has confidence in a guy like Bernanke." [View news story]
Taleb is correct.
Recession Is Over: Long Live Depression [View article]
On Aug 02 01:28 PM Tony Daltorio wrote:
> You political wackos kill me. Do you understand both political parties
> - left and right, Dems and Reps, have been bought and paid for by
> Wall Street?
>
> There is NO difference in economic policies between Bush and Obama
> since the key to both administrations economic policy is to protect
> the Wall Street economic elite at the expense of everyone else in
> the country.
So, Are You Buying This Jobless Recovery? [View article]
Auto Sales Boom: Another Sign This Recovery Is Real [View article]
Wonderful. But reasonable people are looking for a real recovery.
Stock Market Warning Signs Become More Pronounced [View article]
Inflation Not a Valid Reason to Own Gold [View article]
Today in Commodities: Game Changer [View article]
Idiots.
Charts of the Day: NY Spot Gold, Commodities Respond to Fed Money Printing [View article]
Natural Gas: Best Energy Investment of the Decade [View article]
Thanks for the analysis.
Will Stocks Rally on Bad News This Week? [View article]
A partial win for the Fed, which gets a 60-day delay on revealing details of its emergency lending program. The ruling buys the Fed time to decide whether to appeal to the Supreme Court, but is 30 days shorter than the delay it had requested. [View news story]
Ron Paul has unfortunately been marginalized at every Fed hearing appearance as a libertarian, conspiracy theorist kook. And I think he scarcely has more than a fringe following still today.
Dare are I say, our only hope might very well be Glen Beck, who also appears to be a fiscal/monetary and libertarian, to drive home the message. I am ashamed to admit that a majority of Americans seem really to be, as Gerald Celente puts it, "Snooky stupid". We seem to need a sensational, secular, dramatized source of inspiration on anything - trivial or not.
How Have U.S. Stocks Defied Gravity for So Long? [View article]
Telltale Signs That a Significant Correction Isn't Imminent [View article]