Financial topics

[John]

And I'm sure you don't have to be reminded to watch the price of oil as well.

Not sure what you mean. Just as a deflationary thing or something else?

What I meant was that the worldwide stock selloff on Friday is being
blamed on the plunge in commodity prices led by the price of oil,
which fell very sharply today to around $35.80.

You said you'll be watching the stock market all next week, and I was
just adding, for anyone else who might read this, that I'm sure that
you're watching oil prices as well.

http://www.marketwatch.com/story/us-sto ... 2015-12-11

[vincecate]

What I meant was that the worldwide stock selloff on Friday is being
blamed on the plunge in commodity prices led by the price of oil,
which fell very sharply today to around $35.80.

I see. There is also the Fed decision on rates this week, it is an options expiration week, and near the end of the year. Also, when there is a bad week (like this past week), with a particularly bad Friday (like this one), I think lots of people think about their investments over the weekend and decide to sell something. So my guess is Monday is down.

Seems most people expect the Fed to raise, so if they don't there will be a lot of surprised people. If this has just been one more time of "crying wolf" then people may lose all confidence in the Fed. But if they do raise, that will disappoint some other people as well. Historically, once they start raising they often raise for a long time, which can be bad for bonds and stocks. So some people and computer investors could sell because rates are finally going up. So really either way could cause trouble at this point.

Next week has lots of reasons for high volatility (probably downward). Should be interesting.

[John]

This Fed decision has almost been an obsessive joke for several years
now. At any time in the last few years, you could turn on CNBC or
Bloomberg TV and, either immediately or within a few minutes, they
would be debating whether the Fed would be raising interest rates next
quarter or the quarter after. It never happened, but that didn't
stop them from the same unending nonsense every day, hour after hour.

Now everyone seems certain that the time has finally come, and that
the Fed this time HAS TO raise interest rates. So we'll have the
situation that the Fed's monetary policy will be stricter, while
Europe and Asia are all easing. This will make American goods much
more expensive in these countries, and will make it even harder to
borrow money in the U.S.

No one believes that the Fed will raise interest rates more than
0.25%, and most people seem to think that such a small raise will at
worst do no harm. But if someone held a gun to my head and forced me
to bet what the Fed was going to do, my bet would be that the Fed will
find some excuse (crashing oil prices, etc.) not to raise interest
rates at all. And you're right, that will surprise a lot of people.

[vincecate]

But if someone held a gun to my head and forced me
to bet what the Fed was going to do, my bet would be that the Fed will
find some excuse (crashing oil prices, etc.) not to raise interest
rates at all. And you're right, that will surprise a lot of people.

Again and again they have not raised for a very long time. So it sort of seems like the reasonable bet is that they won't this time either.

The problem is that if the markets ever believe that the Fed is just going to keep making money forever then things will start to unravel for sure. And at this point there is some attitude of "if they won't raise rates now they never will". Hyperinflation can come on this.

In France they had a QE1, QE2, QE3, hyperinflation.

https://mises.org/library/fiat-money-inflation-france

It is very hard to stop printing money once they really get going.

I sure don't know what they will do but will be checking online about 2:00 on Wed to see.

[aedens]

Very good points as they also seek moar.
http://www.voltairenet.org/article189616.html
As for commodity prices every one here knew what was to be.

On another note, the other missing bodies they boiled them, and dumped them in a land fill.
As for the jagged pills of politco, they are sickened animals who point guns in my face for taxes.
Hell will consume them. I was instructed wisely to let God deal with them after
they run out of life as we all will do.

Now that we are older we clearly do not consider this as a family problem.
http://www.lifenews.com/2013/08/22/botc ... efies-fda/
https://video.search.yahoo.com/yhs/sear ... mp=yhs-002

Choices not to have a family is choice. Socialism is a brain disease. Common solutions as a family is a separate discussion.
As we discussed correctly the serfs cannot fathom liberty.

Do not set foot on my door step with red, or blue and your induced sickness.
I will kick you in the ass since you are not Human, and not of the People, for the People, by the People.

[aedens]

http://www.zerohedge.com/news/2014-10-2 ... -vix-short

http://www.zerohedge.com/news/2015-12-1 ... ck-40-week

http://finance.yahoo.com/q;_ylt=A0LEVvT ... Yw--?s=SLV
http://www.graceland-updates.com/images ... 7cots1.png

[Higgenbotham]

It's at the point where things are surely going dark. Bodies are going unaccounted for in the first world countries. The core is being devoured with no legitimate political entities to regulate the chaos. This is the end.

http://www.zerohedge.com/news/2015-12-0 ... es-germany

Agree, the wave we considered has hit shore. The wasting process will consume even the root. Living the dream indeed.

Correct, Bernanke has ground the producers to dust as was stated here at least 100 times. You can't get oil out of the ground for $35 because he simultaneously raised costs on the producers while destroying the wage structure. Europe is already finished with the US to follow shortly. The collapse will be total, orders of magnitude worse than the fall of Rome. Anglo American, the 5th largest mining company in the world. is laying off 2/3 of their workforce, 85,000 people, and shutting mines. Canary in the coal mine, literally.

[John]

http://www.zerohedge.com/news/2014-10-2 ... -vix-short

http://www.zerohedge.com/news/2015-12-1 ... ck-40-week

http://finance.yahoo.com/q;_ylt=A0LEVvT ... Yw--?s=SLV
http://www.graceland-updates.com/images ... 7cots1.png

How can you have 2.5 times more shares short than shares outstanding?
That sounds really dangerous. It should be mathematically impossible.

[aedens]

agree

H noted the calls uncovered some time ago as they issue shares with no warrants.

On top of that J http://www.zerohedge.com/news/2015-12-1 ... ng-7-years

The trench warfare enters a new phase. As we seen the blood moon set off what we already seen coming from the script.

quaetus eorum avaritia - Amos 9:1

As we noted the book into 2018 will be what not but who.
As before it was written “Very well, then, he is in your hands; but you must spare his life.” Job

Assad indeed is a genocidal monster and he will answer for what was done on the Creators foot stool we draw breath by is mercy alone.

http://www.huffingtonpost.co.uk/2014/01 ... 35434.html

No one is innocent.

[John]

I've heard several "experts" today say that that a Fed interest rate
increase tomorrow will cause people to want to spend more, because
people will want to spend more now before mortgage and credit card
rates increase. This may well be the most ridiculous thing I've heard
in a while. These people are totally in Fantasyland.