Financial topics

Investments, gold, currencies, surviving after a financial meltdown
Higgenbotham
Posts: 8033
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

Awhile back I'd noted that there were 2 main resonance areas in this area of the bubble, one at 1748 and one at 1800. The bubble got to 1748 near some of the planetary and geometric points others had calculated for the October 17 time frame and quickly crossed that area. Then late last week it came down hard to that area and bounced up hard. I think a good signal this bubble might be bursting would be if it spikes up toward 1800 and then collapses, similar to what occurred in May.

http://www.er.ethz.ch/fco/index
21 May 2013
S&P 500 in a bubble. Analysis by the FCO indicates that the US stock market index S&P 500 is growing at an unsustainable rate (8.3% gain in 4 weeks) and will soon correct.
http://blog.ted.com/2013/06/17/turbulen ... -sornette/
The prediction of 21st May 2013 concerning the US market and subsequent developments illustrate that markets are largely driven by political events. For instance, the US market developed in lockstep with the Nikkei after the Governor of the Bank of Japan, Haruhiko Kuroda, announced the massive quantitative easing (QE) in Japan, in the beginning of April 2013.

Indeed, equities are expensive, and prices have been propped up by central banks’ easing policies. But the big correction, when it comes, will be triggered by a major political or social event induced when bubbles, driven by the QE everywhere, reach maturity and global instability rises.
Will the Obamacare fiasco be the tipping point? What do you all think?
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
Reality Check
Posts: 1441
Joined: Mon Oct 10, 2011 6:07 pm

Re: Financial topics

Post by Reality Check »

Obamacare Exchange Website Fix - Focusing on Key Business Need
What is Needed to Allow Insurance Companies to Sell Subsidized Policies


Saturday, November 9th, 2013 it is reported:
Washington Post Newspaper wrote:
The White House is increasing its reliance on ( Private Insurance Companies ) insurers by accepting their technical help in efforts to repair the problem-ridden online (Obamacare Exchange ) health insurance marketplace ( website ) and prioritizing consumers’ ability to buy ( subsidized health insurance policies ) plans directly from the ( Private Insurance Companies ) carriers.

The Obama administration’s broader cooperation with ( Private Insurance Companies ) insurers is a tacit acknowledgment that the federal ( Obamacare ) insurance exchange ( website ) — fraught with software and hardware flaws that have frustrated many Americans trying to buy coverage — might not be working smoothly by the target date of Nov. 30, according to several health experts familiar with the administration’s thinking.
http://www.washingtonpost.com/politics/ ... story.html
Reality Check
Posts: 1441
Joined: Mon Oct 10, 2011 6:07 pm

Re: Financial topics

Post by Reality Check »

Higgenbotham wrote:
Will the Obamacare fiasco be the tipping point? What do you all think?
It will depend.

The employer sponsored market is where the real money is ( 100s of Billions ). If the employees money can be siphoned off into the pockets of the Insurance companies ( the apparent intent of the law - or - into the pockets of the Employers - which would be an unintended consequence of the law ) via Obamacare regulation permitted changes to employer sponsored insurance policies, then Obamacare law can take any of that money going to the Evil Insurance companies, via the new confiscatory excess profit taxes on the Evil Insurance companies put in place by Obamacare.

If the Main Stream Media reports the changes in the Employer Provided Health Insurance plans that are happening at the same time the Private Market Insurance Consumer is being devastated by Obamacare driven change,

Then, yes, the large number of Middle Class and High End Consumers who are also employees of large employers may stop spending out of fear.

That could trigger an economic slow down.
FredrickLucas
Posts: 2
Joined: Fri Nov 08, 2013 3:43 am

Re: Financial topics

Post by FredrickLucas »

Higgenbotham wrote:Here's the way I look at it personally. A lot of people have said, OK, I'm off the grid, I have my solar panels, blah blah blah. In my mind, that is complete bullshit. What I think in terms of is what is the absolute bare minimum that is needed to survive 2-5 years until the weaklings or the unfortunate in the population die off and things hit bottom. So as far as utilities go, for example, you ideally want to have a clean water source, preferably with a hand pump. You perhaps want to have an outhouse, a root cellar, etc. - the absolute bare minimum as far as maintenance and inputs. If you're in a cold area, get one of those North Face mummy sleeping bags, some thermal underwear and wool socks and go out into your back yard some night when it's zero degrees and get used to sleeping in it before the collapse comes, etc.

Once things hit bottom and begin to get reorganized, there will be a lot of choices, especially for the Milleniels. There will be a substantially hardier, smarter and more competent population left over than the one that exists on average today.
Nice suggestions..I have been using solar panels and solar heaters to decrease down electricity bill and gain enough electricity and heated water
aedens
Posts: 5305
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

http://americanoilman.com/

FactCheck: Wind & solar doubled, but now only 1.4% of energy

I would check the context that Higg had written that in.

Do what you can for the poeple. http://news.yahoo.com/typhoon-hit-victi ... 34672.html

"The devastation is so big."... "I don't know how to describe what I saw. It's horrific."..."People are walking like zombies looking for food," said Jenny Chu, a medical student in Leyte. "It's like a movie."..."It's like the end of the world."

I know our Military is there helping so hold them in prayer and to be honest no one has a problem paying taxes for skillsets of services to truly help the people.
They are our servants and those people have lost many souls to this disaster of nature.
Last edited by aedens on Mon Nov 11, 2013 8:21 am, edited 3 times in total.
aedens
Posts: 5305
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

http://www.zerohedge.com/news/2013-11-1 ... e3-and-qe2 Source: H.8

http://www.amazon.com/gp/offer-listing/ ... d&sr=&qid= Eye is the window to the soul

The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order (Council on Foreign Relations Books (Princeton)
Shipping Carrier: DHL Global Mail Ship Date: November 4, 2013 Shipping Speed: Standard

http://winteractionables.com/?p=7169
Higgenbotham
Posts: 8033
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

jcsok wrote:Decided its time to try short ES this morning. As the Euro crashed in one minute (how's that for liquidity) 120 points, and continues lower, now down 200, the ES futures ramped to barely make a new high.
Trying here at 1768. 50% short but haven't been 100% short since the 1500s and will add on later if this starts to work.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
Reality Check
Posts: 1441
Joined: Mon Oct 10, 2011 6:07 pm

Re: Financial topics

Post by Reality Check »

.
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Obamacare gives away free samples to get people hooked on government dictated healthcare ----------------------------- That is the "brilliance" of Obamacare law

Obamacare is designed to give away free samples in the first few years to get enough people hooked on the concept, to insure political support of Obamacare health care delivery structure even if the "free samples" are reduced or cut back to near zero in the future.

The largest free samples were the expansion of Welfare Medicaid and the "massive hidden federal government subsidies" going directly to the insurance companies on a policy by policy sold basis, for the hidden benefit of some, but not others, of those buying insurance under the new Obamacare regulations.

Welfare Medicaid expansion is being rolled out nicely in the Blue States the Democrats are dependent on, the numbers of people predicted are not there yet, but they are coming along nicely. When you are giving away a product that is entirely free, forcing people by federal law to take it ( or pay real money to buy something else), and sending out cancellation notices that force people to make a change, the numbers are going to come.


The delivery of the hidden subsidies is not going so well, because the delivery system, the Obamacare Insurance Market Exchange websites in the 36 states being served by the U.S. Government designed and programmed Obamacare Exchange Website are not fully working, and not providing the illusion they were designed to provide.

These websites were suppose to hide the true cost of the insurance they were delivering and make it appear they were delivering insurance at a much lower price than the private market. The deception in this was that the exchanges were designed to "re-sell" the exact same private insurance policy as the private market was selling, but it was suppose to appear to the shopper that the government run exchange could deliver it for a much lower price ( on average ). In fact it was designed to allow the media and politicians to imply that the Obamacare policies were "different policies" that were being delivered for a much lower "average price" than the comparable private policies were.

The main "business" purpose of the Obamacare websites ( a different website for each state ) was to "link up" premium price subsidies being paid by the federal government directly to the private insurance companies, ( the hidden links were between shopper & the policy they were considering and the private insurance company that was actually selling it), without the shopper realizing what the true cost of the insurance policy was.

Even though the annual deductibles and co-pays were going up, that would be reported by the Media and perceived by the shoppers as the insurance companies fault - since this was happening for both the "private insurance" market and on the Obamacare market, but the Media would pound home the fact that the average policy premium prices were much lower on the Government Exchanges than in the private market. The other costs ( annual deductibles, hospital co-pays, doctor co-pays ) would be exactly the same because the government would be "re-selling" exactly the same policies as the Private Insurance Companies.

President Obama, must at all costs, find a way to deliver those federal government subsidies to the Private Insurance Companies and to make it appear to the purchaser of these policies that the price of these policies is lower than it actually is.

President Obama and the Obama administration is indeed implementing a plan B to sell the "Obamacare policies" directly from the Insurance Companies with the subsidy already built into the prices, as noted here:

http://gdxforum.com/forum/viewtopic.php ... start=9615
Last edited by Reality Check on Mon Nov 11, 2013 9:24 pm, edited 12 times in total.
Reality Check
Posts: 1441
Joined: Mon Oct 10, 2011 6:07 pm

Re: Financial topics

Post by Reality Check »

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President Obama implementing Obamacare Plan B - for November 30th, 2013

This is not speculation, it is what the Obama Administration was releasing to friendly newspapers over the weekend.

This will be announced as an alternative way for people to sign up WITH SUBSIDIZED MONTHLY PREMIUMS, and allow everyone two weeks, to beat the drop dead deadline for ordering an insurance policy - IF YOU DO NOT SIGN UP IN NEXT TWO WEEKS - YOU WILL NOT HAVE ANY INSURANCE ON JANUARY 1st. This will be announced at the same time it is announced the Obamacare Exchange Website is still having problems, but it is getting better all the time - and by the way - the Obamacare website has been up and running the whole time - and people have signed up through it.

President Obama, and the Private Insurance Companies want to keep the pressure on and keep pushing two facts:

1. Federal law requires you to have Health Insurance by January 1st, 2014 - it is each taxpayers responsibility to buy it for him and his family. It is the law. Period.

2. If you do not order in next two weeks ( between November 30th and December 15th ) you will not have insurance on January 1st, as you are required to have by federal law which is now the law of the land.

http://gdxforum.com/forum/viewtopic.php ... start=9615
Reality Check
Posts: 1441
Joined: Mon Oct 10, 2011 6:07 pm

Re: Financial topics

Post by Reality Check »

.
President Obama and Insurance Companies Driven by Fear of Healthy People
Washington Post newspaper wrote:
The possibility of using ( private insurance company websites and private insurance company telephone operators of private ) health plans to directly sign up large numbers of ( millions - 4.2 million and counting - of uninsured due to policy cancellations, plus a previously projected 7 million of the 60 uninsured individuals before cancellations hit, totaling a projected 11.2 million ) uninsured Americans ( to sign up before January 1st, 2014 ) is a strategy by the administration and the insurance industry to try to deflect growing pressure from Capitol Hill. Even some Democratic lawmakers want to give people more time to buy coverage. And Sens. Joe Manchin III (D-W.Va.) and Mark Kirk (R-Ill.) introduced legislation late last week that would eliminate the tax penalty for next year, imposing a higher fine in 2015.


Such delays are anathema to the ( private health ) insurance industry, whose leaders have warned ( without the Federal Government forcing Healthy People to Buy Obamacare policies ) that companies would end up with mainly sicker people signing up early on. ( These same private insurance companies have recently canceled millions of relatively healthy U.S. citizens, relying on the promise of President Obama that the government would force these people to sign back up for Obamacare compliant policies for which Private Insurance Policies will receive much higher Monthly Premiums - when both the federal government premium subsidies and the amount paid by the policy holder are added together).

Although potentially enabling more people to buy health plans promptly, ( President Obama fears ) a greater reliance on the industry to sign up new customers could have other ripple effects, such as prompting ads that might run counter to the ( President Obama ) administration’s messaging.
Excellent long ( 3 page ) Article on Plan B and the Fears that are driving it and also the fears, making it difficult to implement:

http://www.washingtonpost.com/politics/ ... story.html
Last edited by Reality Check on Tue Nov 12, 2013 1:10 am, edited 1 time in total.
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