Financial topics

[gerald]

The Western Baby Boomers were protected and distanced from hardship perhaps more than any other generation in the history of the world. They continue to want to avoid any immediate hardship at the cost of greater future hardship.

This may be the result of the disconnect from the understanding and respect for the many forces of nature. --- Like the hundreds of thousands of people that have built homes on sand dunes overlooking the ocean for their immediate pleasure and comfort, ignoring the fact that dunes continually move, generally very slowly, but at times catastrophically fast, and then these same people want someone to bail them out. ------------- This disconnect problem (action = consequences, the current "fairness" concept, and the lack of individual responsibility) may be due to the general urbanization of humanity. Individuals in an agrarian society are directly connected to nature and are made aware of the consequences of their actions by nature, they also are aware that nature is indifferent and fairness does not exist.

[aedens]

http://www.traders-talk.com/mb2/index.p ... pic=149281
After the usual "if" first of the month observances I do not see much else.

http://www.ici.org/research/stats/flows/flows_08_21_13
bias is rather clear here

Thursday matched our conviction on hedges. Tyler noted amount viable also.

By short-circuiting the price mechanism and forcing people into economic lives contrary to their own chosing,
central planning destroys the capital base and creates economic
randomness that eventually ends in killing prosperity. That is why they do it would be apparent.

[Higgenbotham]

Now that we seem to be leaving the zero bound, regular economics should apply.

http://www.kingworldnews.com/kingworldn ... 3A2013.mp3

Mexican billionaire Hugo Salinas Price in a 10 minute interview. He also thinks the rise in interest rates is the key.

• The rise in interest rates signals the beginning of the end of the world financial system.
  
  The people in power today are barbarians. They do not understand how civilization came into being and what is required to keep it going. They are comparable to monkeys flying an airplane.
  
  There are no true elites in charge today with the exception of Vladimir Putin. The rest of the world leaders have a level of learning and morals equivalent to the masses.
  
  The interest rate derivatives will set off a crisis that will bankrupt the world financial system. The only thing left standing will be gold. Many people will not survive.

[aedens]

http://www.nydailynews.com/news/world/a ... -1.1434883
http://www.hurriyetdailynews.com/turkey ... sCatID=348
http://news.morningstar.com/stockReturn ... turns.html

[vincecate]

Latest Doug Noland article talks of short squeeze and other interesting stuff:

August 21 - Wall Street Journal (Juliet Chung and Rob Barry): "Short sellers are facing their worst losses in at least a decade, a Wall Street Journal analysis has found, as many of the rising stocks they bet against have only continued to soar. That has stung several high-profile hedge-fund managers, including William Ackman and David Einhorn, who have placed prominent short bets. In the Russell 3000 index, the 100 most heavily shorted stocks are sharply outperforming the average returns of stocks in the index, according to a Journal analysis of data provided by S&P Capital IQ. The shorted stocks are up by an average of 33.8% through Aug. 16, versus 18.3% for all stocks in the index. The gap between the performance of the most-shorted shares... and the market as a whole is wider than it has been in at least a decade... 'It's actually more painful now than it was in '99,' said veteran short seller Andrew Left of... Citron Research."
[...]
And while it is easy for most to dismiss (or, better yet, relish) the pain being inflicted upon short sellers, the bludgeoning of the bears is indicative of a highly speculative marketplace that has become disconnected from underlying fundamentals.
[...]
The upshot has been a late-cycle speculative melt-up in U.S. stocks, in particular. Popularly shorted stocks have been targeted for "squeezes" the most aggressively since 1999. So-called "high beta" stocks have become market darlings like it's 1999. Stocks with minimal earnings (hence, little risk of earnings disappointments) have become the target of market game-playing and shenanigans to an extent not experienced since 1999.
[...]
The excesses from 1999 set the backdrop for a major market Bubble top in early-2000. Yet the late-nineties Bubble was relatively contained, chiefly impacting a narrow group of stocks, the technology sector and only a segment of the U.S. and global economy. The now well-entrenched "global government finance Bubble" has become deeply systemic in the U.S. and abroad. The Bubble essentially enveloped all risk market and myriad strategies. It has fueled conspicuous speculative excess in risky strategies. It has, as well, fueled unappreciated excesses throughout perceived low-risk strategies.
[...]
As an analyst of Bubbles, I readily admit it is impossible to accurately predict the timing of their demise. Even in hindsight, I have no idea why technology stocks put in Bubble highs in March of 2000. It's not clear why stocks peaked again when they did in 2007. It's never been clear to me why the U.S. equities Bubble cracked when it did in late-1929. But all those major market tops were put in after speculative market melt-ups pushed the divergence between inflated securities price Bubbles and deteriorating fundamentals to precarious extremes. And all three speculative melt-ups were fueled in part by powerful short squeezes, squeezes made possible by traders shorting securities in response to deteriorating fundamental backdrops. A similar environment exists for a major top in 2013.

All the Makings for a Major Top
http://www.safehaven.com/article/30882/ ... -major-top

[Higgenbotham]

And he was talking about the appearance on the world stage of individuals, and he was speaking to the growth of the population and the appearance of new individuals coming into the mass of humanity, and these individuals evidently are barbarians. They came too suddenly to be educated and for the knowledge of how to keep the Western way of life alive. And so these people have increased and now they have taken over power and so now we're in the hands of barbarians. They have no idea of how our society came to be and what is necessary to keep it going. And they're fiddling with the controls. You might think of a monkey flying a 747. They have no idea what they are doing and this is not going to end well with the barbarians at the controls.

We don't have people with a true background of education in history and economics and politics. They're all working on the spur of the moment. They're experimenting to see if this works and see if that works and I really have very serious doubts about the survival of our civilization under such people. I rather expect that a great crisis is coming when the grain will be sifted from the chaff. We're going to see a great separation. Some people are just not going to make it and the old truths are going to come back into fashion because of the need for survival.

The elites are really not elites. They're just as vulgar as the mass. We do not have elites anymore. The elites are really in their attitude and in their behavior they are not elites, they are mass. An elite does not just consent to anything, you know. An elite has his values and his firm convictions. He is striving for something better which he may not be able to achieve but at least he is making an attempt. We don't have anybody attempting anything. Nobody wants to risk anything.

We don't have an elite and I don't see an elite anywhere. Well, there's one guy who I consider to be elite and who is it? Vladimir Putin. There's a man who's got some backbone at least. But I don't see anybody else on the world stage.

And I think that's something that we need in the world. We can't just go on this way but we are going on this way and we shall go on, continue on this way.

I think that we're going to see eventually a series of bankruptcies. And I think that the rise in the interest rate is probably the fatal sign which is going to ignite a derivatives crisis that is going to bring down the derivatives system. There is something like a quadrillion of derivatives and most of them are interest rate derivatives. The spiking of the interest rate in the United States may set that off. And I think that what is going to happen in the world is that eventually we're going to come to a moment where there's going to be massive bankruptcies around the world and what is going to be left when the dust settles is gold and some people are going to have it and some people are not. And then the problem will be to hold onto what you've got. Because it's not going to be a very pleasant world. That's what I see coming, my friend.

--Hugo Salinas Price (transcribed from the link above)

"In 1987 Ricardo succeeded his father Hugo Salinas Price as CEO of Grupo Elektra. He is the fourth richest person in Mexico behind Carlos Slim Helu and the 34th richest person in the world with a wealth of around US $17.4 billion in 2012."

http://en.wikipedia.org/wiki/Ricardo_Salinas_Pliego

[aedens]

http://www.bbc.co.uk/news/business-23811484
http://etfdb.com/index/wells-fargo-mast ... dividends/

[aedens]

All you have to do is to tell them they are being attacked, and denounce the pacifists for lack of patriotism and exposing the country to danger.
It works the same in any country.” – Hermann Goering

60% oppose US involvement, 9% approve and the other 31% replied "What's Syria?"

Who's the current vice president of US?
Joe biden
Barak Obama
Dick Cheney
Jim Demint

81% Joe biden
6% Barak Obama
14% Dick Cheney
0% Jim Demint

Like we noted as the caliber who voted for post turtles. The smart Mexican guy was correct on many items.
That is no accident either. The coal people starved as corn was burned. Fill the void to consolidate power.

Rather problematic view some gather: http://www.my3bc.com/young_adults/Damas ... uction.pdf

Czech Republic was the second country to accept the cooking utensil as official religious head gear.

Fresno effect and fish heads - As noted also since day one "Violence is the only thing psychopaths understand."

To whom the Gods wish to destroy. A certain general culture, consisting mainly in mere cleverness of style and rhetoric,
and derived chiefly from the sophists, aggravated the universal confusion and instability of mind by the deceptive appearance of solidity.
From these blighting influences even the better natures, men morally and mentally superior to their fellows, could not wholly escape.

Age of Euripides. Today

http://jessescrossroadscafe.blogspot.co ... d-end.html

[aedens]

fud trade in play already http://www.zerohedge.com/news/2013-08-2 ... ar-jitters

closed sh friday since the first of the month is just that.

http://www.storyleak.com/bama-funded-sy ... -soldiers/
The terrorists that the Obama administration is backing are absolutely psychotic.

Why in the world would the United States want to go to war to help such people take power?
It is utter insanity.

Another WW2 Vet murdered locally. Will forward more facts when they are available.

Voter train http://www.chicagotribune.com/news/nati ... 2400.story

As noted they will never see it coming....

Isaiah: You have not heard, you have not known. Even from long ago your ear has not been open, Because I knew that you would deal very treacherously; And you have been called a rebel from birth. For the sake of My name I delay My wrath, And for My praise I restrain it for you, In order not to cut you off. "Behold, I have refined you, but not as silver; I have tested you in the furnace of affliction.

[aedens]

http://solarcycles.files.wordpress.com/ ... g20132.jpg

Damascus bloodletting is not Magog for you little ones. Some consider it the fat chick clearing her throat and picking sides.

Speed bump rize for the first of the month since the fud is forefront in the hft universe.
This is no market to tread in IMO

For the old school history remember Irony and Article 70 since the rendition of reading was Tolstoi warned the Russ
it would fail. Andropov new this and so does Vlad. The book was written in 1899 "the copy I read"
He told them why and how and he was correct also. I do not care if you get it or not since facts are funny that way.
The next leg is already on if you understand it or not. If you want the rest of the facts read the owners manual
of 66 books who explains it rather clearly also. Read psalm 90 for further irony for you secular sparks.

True or false did they ask us back in the north and why and how does this fit the old narrative?
http://news.sky.com/story/1129837/iraq- ... or-us-help

I would not go that far Higg but sometimes it rather painfull to watch, to quote the gentleman from mexico who has a valid point
They do not understand how civilization came into being and what is required to keep it going. They are comparable to monkeys flying an airplane.

Only levels that matter AAPL over $500, DJIA over 15,000, gold under 1400 — zerohedge (@zerohedge) August 23, 2013

Same thing we seen two fridays ago on slv notes and closing junior---- ratm --- those who died are justified, 7 is on fire

As we seen the cup is half, answer yes, can crawl up see the cup is half, answer yes, http://advisorperspectives.com/dshort/g ... Update.php
Candy-O 1979 http://www.epips.com/djia/1970s-oil-crisis.html

http://evacuationgrounds.blogspot.com.a ... g-oil.html
http://www.activistcash.com/ Follow the money and the idiots appear like mushrooms.