Author

Topic: Gold collapsing. Bitcoin UP. - page 1509. (Read 2032274 times)

legendary
Activity: 1316
Merit: 1005
May 04, 2012, 01:09:03 PM
With all this pointless bickering back & forth, everyone will have their wealth snatched right out from under their noses. I don't trade these markets anymore for the following reason.

Ann Barnhardt raises warnings again: MF Global 2.0 May Be Unfolding Now

After MF Global failed last year, there was a Canadian firm and a Japanese fund that mimicked the rehypothecation fiasco. Now, it looks like the next wave is hitting, and it's a big one.

If you haven't yet, follow Jim Sinclair's advice to make your holdings book entries at the respective transfer agents so that your ownership of stocks cannot be questioned as easily as if it were your word against your broker. This isn't a guarantee, but it's better than nothing.

More instruction on direct registry from JSMineset.
legendary
Activity: 1764
Merit: 1002
May 04, 2012, 01:06:21 PM
here's a great chart from Charles Smith.  do u really think the creditors/banksters, who are in that 5% upper class, are going to voluntarily allow you, the 95% middle class, to escape your debts to them via inflation?  seriously?

legendary
Activity: 966
Merit: 1003
May 04, 2012, 12:55:55 PM
is this the sideways Japan you speak of?



yup, chop out the bubble (centered on '89) and draw a line across it at about 13k..

and commodity prices have trended radically upwards over the same timespan.

That is what I believe is about to happen on a global scale.



how can u chop out the bubble?  even if you did that's 9000 current/13000 average still equals a 31% loss.

the US stock mkt is in the same bubble and going to decrease similarly.

It seems highly unlikely the Fed will allow that given the current economic/political situation.  Over the next 5 years they might allow a 30% decline.  

here's the problem:  we disagree on the Fed's ability to control markets as well as their motivations to do so.

Most likely Wink

I think the Fed has the power to stop a severe double dip.

I think the Fed won't allow a severe double dip.

legendary
Activity: 1764
Merit: 1002
May 04, 2012, 12:43:02 PM
is this the sideways Japan you speak of?



yup, chop out the bubble (centered on '89) and draw a line across it at about 13k..

and commodity prices have trended radically upwards over the same timespan.

That is what I believe is about to happen on a global scale.



how can u chop out the bubble?  even if you did that's 9000 current/13000 average still equals a 31% loss.

the US stock mkt is in the same bubble and going to decrease similarly.

It seems highly unlikely the Fed will allow that given the current economic/political situation.  Over the next 5 years they might allow a 30% decline.  

here's the problem:  we disagree on the Fed's ability to control markets as well as their motivations to do so.
legendary
Activity: 966
Merit: 1003
May 04, 2012, 12:24:24 PM
is this the sideways Japan you speak of?



yup, chop out the bubble (centered on '89) and draw a line across it at about 13k..

and commodity prices have trended radically upwards over the same timespan.

That is what I believe is about to happen on a global scale.



how can u chop out the bubble?  even if you did that's 9000 current/13000 average still equals a 31% loss.

the US stock mkt is in the same bubble and going to decrease similarly.

It seems highly unlikely the Fed will allow that given the current economic/political situation.  Over the next 5 years they might allow a 30% decline. 
legendary
Activity: 1764
Merit: 1002
May 04, 2012, 12:19:36 PM
is this the sideways Japan you speak of?



yup, chop out the bubble (centered on '89) and draw a line across it at about 13k..

and commodity prices have trended radically upwards over the same timespan.

That is what I believe is about to happen on a global scale.



how can u chop out the bubble?  even if you did that's 9000 current/13000 average still equals a 31% loss.

the US stock mkt is in the same bubble and going to decrease similarly.
legendary
Activity: 1316
Merit: 1005
May 04, 2012, 12:19:08 PM
who here sees inflation?:

  • NYMEX is a joke, where's Brent?
  • Where's the volume?

Who holds major positions and was this liquidation or more paper shorting? Who was liquidating? Was it leverage being squeezed? If it was shorting, where is the paper coming from to short?

yup, chop out the bubble (centered on '89) and draw a line across it at about 13k..

and commodity prices have trended radically upwards over the same timespan.

That is what I believe is about to happen on a global scale.

Win. Real economic stagnation while global demand grows, pushing real assets up in price.
legendary
Activity: 966
Merit: 1003
May 04, 2012, 12:15:55 PM
is this the sideways Japan you speak of?



yup, chop out the bubble (centered on '89) and draw a line across it at about 13k..

and commodity prices have trended radically upwards over the same timespan.

That is what I believe is about to happen on a global scale.

legendary
Activity: 1764
Merit: 1002
May 04, 2012, 12:10:20 PM

Of cousre its not gonna work out this way.  We are going to bounce along sideways just like Japan did for the last 20 years.  and the price of commodities will RISE the entire time.  So each person will pay a higher and higher percentage of his wages buying neccesities and have less and less for extra's.  The standard of living will slowly decline in the 1st world nations and will slowly rise in the 3rd world nations..

Japan's stock mkt is down 70% from its highs back in t the 80's.   Huh

what you're forgetting is the Wall St traders have the power with their unlimited sums of USD's to create VOLATILITY.  they do this to create alternating cycles of optimism and then fear.  this forces investors to do things they don't want to do such as buy at the highs or sell at the lows.  this is how you strip ppls money.  we're now coming off a high of extreme optimism (you!) and they will take this market down until you puke up your shares at rock bottom prices.

lol when did I ever say I was an optomist..

I think that the market will go sideways.  The Federal Goverment won't let it drop very far or else there will be rioting in the streets.  round after round of QE to prop up the markets will drive commodity prices up.

I'm only optomistic in the sense that I think things will be fucked up enuf that QE forever will be neccesary to maintain the illusion of the status quo.

i never said you were an optometrist!

legendary
Activity: 1764
Merit: 1002
May 04, 2012, 12:07:55 PM
is this the sideways Japan you speak of?

legendary
Activity: 966
Merit: 1003
May 04, 2012, 12:07:04 PM

Of cousre its not gonna work out this way.  We are going to bounce along sideways just like Japan did for the last 20 years.  and the price of commodities will RISE the entire time.  So each person will pay a higher and higher percentage of his wages buying neccesities and have less and less for extra's.  The standard of living will slowly decline in the 1st world nations and will slowly rise in the 3rd world nations..

Japan's stock mkt is down 70% from its highs back in t the 80's.   Huh

what you're forgetting is the Wall St traders have the power with their unlimited sums of USD's to create VOLATILITY.  they do this to create alternating cycles of optimism and then fear.  this forces investors to do things they don't want to do such as buy at the highs or sell at the lows.  this is how you strip ppls money.  we're now coming off a high of extreme optimism (you!) and they will take this market down until you puke up your shares at rock bottom prices.

lol when did I ever say I was an optomist..

I think that the market will go sideways.  The Federal Goverment won't let it drop very far or else there will be rioting in the streets.  round after round of QE to prop up the markets will drive commodity prices up.

I'm only optomistic in the sense that I think things will be fucked up enuf that QE forever will be neccesary to maintain the illusion of the status quo.
legendary
Activity: 1764
Merit: 1002
May 04, 2012, 12:02:53 PM

Of cousre its not gonna work out this way.  We are going to bounce along sideways just like Japan did for the last 20 years.  and the price of commodities will RISE the entire time.  So each person will pay a higher and higher percentage of his wages buying neccesities and have less and less for extra's.  The standard of living will slowly decline in the 1st world nations and will slowly rise in the 3rd world nations..

Japan's stock mkt is down 70% from its highs back in t the 80's.   Huh

what you're forgetting is the Wall St traders have the power with their unlimited sums of USD's to create VOLATILITY.  they do this to create alternating cycles of optimism and then fear.  this forces investors to do things they don't want to do such as buy at the highs or sell at the lows.  this is how you strip ppls money.  we're now coming off a high of extreme optimism (you!) and they will take this market down until you puke up your shares at rock bottom prices.
legendary
Activity: 966
Merit: 1003
May 04, 2012, 11:57:25 AM
who here sees inflation?:



I do, post the 5 year trend line Wink
legendary
Activity: 966
Merit: 1003
May 04, 2012, 11:56:11 AM
the economy is still exhaling.  and even with multiple additional rounds of QE, probably will still be exhaling, but at least a few short inhales can be taken with each round of QE Wink.

I'm glad to see that the PM's aren't following the market today, that correlation was starting to get worrisome.

Also glad to see BTC not correlating with AAPL's drop today either Wink.

you've got this backwards.  inhaling leads to inflating of the lungs; as in QE leads to inflating of stocks, bonds, gold, silver, oil, commodities.

this is why Clinton said he never "inhaled" thus never got high Wink

Its not backwards, the economy is still in decline as far as I'm concerned.  Thus it is exhaling.. i.e. not high!  Each round of QE is an inhale (stuff gets higher for a little while).  In order to survive you have to inhale, the way the fed has been doing that is to QE..  

I prefer that the bearded one go recommend to Congress that they inject liquidity to the people, raise the debt cap, have the Treasury print up another trillion in bonds (that the fed buys for close to zero percent), then pump all that cash straight to population via lotto checks.  Be way more effective then this QE bs.  Mainline adrenaline baby..  perk this fucker up!!

you don't get it.  the bankers would never allow this.  the whole point of them being able to control the money supply is to manipulate markets and fleece the people like you and me.  they are NOT about helping us.

They already allowed it once (Bush sent checks to everyone)..  Its continuing to be allowed.. (making work pay tax credit, SSI being halved temporarily)

I just think QE is BS, pump more cash straight to the people so that it will get spent in the real economy, by the people who are on the hook for the debt (that will never be repaid Wink)



nice theory but its not gonna work out this way.  they got you into the stock mkt and its time to take your money away.  after all, the Wall St traders don't actually produce anything of value so where else are they gonna get the money?

and btw, they won't destroy the USD; its their game to perpetuate.

Of course its not gonna work out this way.  We are going to bounce along sideways just like Japan did for the last 20 years.  and the price of commodities will RISE the entire time.  So each person will pay a higher and higher percentage of his wages buying neccesities and have less and less for extra's.  The standard of living will slowly decline in the 1st world nations and will slowly rise in the 3rd world nations..
legendary
Activity: 1764
Merit: 1002
May 04, 2012, 11:55:02 AM
who here sees inflation?:

legendary
Activity: 1764
Merit: 1002
May 04, 2012, 11:52:43 AM
the economy is still exhaling.  and even with multiple additional rounds of QE, probably will still be exhaling, but at least a few short inhales can be taken with each round of QE Wink.

I'm glad to see that the PM's aren't following the market today, that correlation was starting to get worrisome.

Also glad to see BTC not correlating with AAPL's drop today either Wink.

you've got this backwards.  inhaling leads to inflating of the lungs; as in QE leads to inflating of stocks, bonds, gold, silver, oil, commodities.

this is why Clinton said he never "inhaled" thus never got high Wink

Its not backwards, the economy is still in decline as far as I'm concerned.  Thus it is exhaling.. i.e. not high!  Each round of QE is an inhale (stuff gets higher for a little while).  In order to survive you have to inhale, the way the fed has been doing that is to QE.. 

I prefer that the bearded one go recommend to Congress that they inject liquidity to the people, raise the debt cap, have the Treasury print up another trillion in bonds (that the fed buys for close to zero percent), then pump all that cash straight to population via lotto checks.  Be way more effective then this QE bs.  Mainline adrenaline baby..  perk this fucker up!!

you don't get it.  the bankers would never allow this.  the whole point of them being able to control the money supply is to manipulate markets and fleece the people like you and me.  they are NOT about helping us.

They already allowed it once (Bush sent checks to everyone)..  Its continuing to be allowed.. (making work pay tax credit, SSI being halved temporarily)

I just think QE is BS, pump more cash straight to the people so that it will get spent in the real economy, by the people who are on the hook for the debt (that will never be repaid Wink)



nice theory but its not gonna work out this way.  they got you into the stock mkt and its time to take your money away.  after all, the Wall St traders don't actually produce anything of value so where else are they gonna get the money?

and btw, they won't destroy the USD; its their game to perpetuate.
legendary
Activity: 966
Merit: 1003
May 04, 2012, 11:51:44 AM
I'd actually be fine with QE, so long as they went about it in a way that fixed shit.

Like the housing market.  Have the fed go buy every 3rd house on the market, over the course of the next few years.  Then rent them out at super low rates to low income peeps.

Drives rents down, Drives house prices up.   Fixes the fucked up death spiral in housing..
legendary
Activity: 966
Merit: 1003
May 04, 2012, 11:45:26 AM
the economy is still exhaling.  and even with multiple additional rounds of QE, probably will still be exhaling, but at least a few short inhales can be taken with each round of QE Wink.

I'm glad to see that the PM's aren't following the market today, that correlation was starting to get worrisome.

Also glad to see BTC not correlating with AAPL's drop today either Wink.

you've got this backwards.  inhaling leads to inflating of the lungs; as in QE leads to inflating of stocks, bonds, gold, silver, oil, commodities.

this is why Clinton said he never "inhaled" thus never got high Wink

Its not backwards, the economy is still in decline as far as I'm concerned.  Thus it is exhaling.. i.e. not high!  Each round of QE is an inhale (stuff gets higher for a little while).  In order to survive you have to inhale, the way the fed has been doing that is to QE.. 

I prefer that the bearded one go recommend to Congress that they inject liquidity to the people, raise the debt cap, have the Treasury print up another trillion in bonds (that the fed buys for close to zero percent), then pump all that cash straight to population via lotto checks.  Be way more effective then this QE bs.  Mainline adrenaline baby..  perk this fucker up!!

you don't get it.  the bankers would never allow this.  the whole point of them being able to control the money supply is to manipulate markets and fleece the people like you and me.  they are NOT about helping us.

They already allowed it once (Bush sent checks to everyone)..  Its continuing to be allowed.. (making work pay tax credit, SSI being halved temporarily)

I just think QE is BS, pump more cash straight to the people so that it will get spent in the real economy, by the people who are on the hook for the debt (that will never be repaid Wink)

legendary
Activity: 1764
Merit: 1002
May 04, 2012, 11:38:24 AM
the economy is still exhaling.  and even with multiple additional rounds of QE, probably will still be exhaling, but at least a few short inhales can be taken with each round of QE Wink.

I'm glad to see that the PM's aren't following the market today, that correlation was starting to get worrisome.

Also glad to see BTC not correlating with AAPL's drop today either Wink.

you've got this backwards.  inhaling leads to inflating of the lungs; as in QE leads to inflating of stocks, bonds, gold, silver, oil, commodities.

this is why Clinton said he never "inhaled" thus never got high Wink

Its not backwards, the economy is still in decline as far as I'm concerned.  Thus it is exhaling.. i.e. not high!  Each round of QE is an inhale (stuff gets higher for a little while).  In order to survive you have to inhale, the way the fed has been doing that is to QE.. 

I prefer that the bearded one go recommend to Congress that they inject liquidity to the people, raise the debt cap, have the Treasury print up another trillion in bonds (that the fed buys for close to zero percent), then pump all that cash straight to population via lotto checks.  Be way more effective then this QE bs.  Mainline adrenaline baby..  perk this fucker up!!

you don't get it.  the bankers would never allow this.  the whole point of them being able to control the money supply is to manipulate markets and fleece the people like you and me.  they are NOT about helping us.
legendary
Activity: 966
Merit: 1003
May 04, 2012, 11:28:56 AM
the economy is still exhaling.  and even with multiple additional rounds of QE, probably will still be exhaling, but at least a few short inhales can be taken with each round of QE Wink.

I'm glad to see that the PM's aren't following the market today, that correlation was starting to get worrisome.

Also glad to see BTC not correlating with AAPL's drop today either Wink.

you've got this backwards.  inhaling leads to inflating of the lungs; as in QE leads to inflating of stocks, bonds, gold, silver, oil, commodities.

this is why Clinton said he never "inhaled" thus never got high Wink

Its not backwards, the economy is still in decline as far as I'm concerned.  Thus it is exhaling.. i.e. not high!  Each round of QE is an inhale (stuff gets higher for a little while).  In order to survive you have to inhale, the way the fed has been doing that is to QE.. 

I prefer that the bearded one go recommend to Congress that they inject liquidity to the people, raise the debt cap, have the Treasury print up another trillion in bonds (that the fed buys for close to zero percent), then pump all that cash straight to population via lotto checks.  Be way more effective then this QE bs.  Mainline adrenaline baby..  perk this fucker up!!
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