Financial topics

[vincecate]

Higgy, we're going to find out if your numbers pan out. "This could get bumpy"

Carl, we are "right there" in price, and the train is "right on time". Let's see what happens.

I don't put as much faith in chart patterns as Higgy, but even I think that bubbles bursting really do have common patterns to them. So this one is very interesting to me. I will be watching the market more closely this coming month.

[Higgenbotham]

Carl, we are "right there" in price, and the train is "right on time". Let's see what happens.

I don't put as much faith in chart patterns as Higgy, but even I think that bubbles bursting really do have common patterns to them. So this one is very interesting to me. I will be watching the market more closely this coming month.

I try to find as many patterns as I can and then estimate from those what the market should be doing as an average. Several weeks back, based on several patterns (one of them was the approximate 45 year cycle from the December 1968 high), I was thinking the market may have an average expected high of about early March. Since mentioning that, the market has looked weaker than how the various patterns average out, so I'm focusing in on the ones that would project unexpected weakness. If this pattern tops out similar to 1929, I would actually be surprised. I don't think it's ready to crash quite yet. But I would agree the similarity to the 1929 pattern is close enough now to warrant monitoring it, especially if the early month low breaks within the next couple weeks.

John mentioned the idea that a normal crash has a 10-20% loss, followed by a sharp rebound, followed by the crash. In this case, while the pattern has been followed, the initial leg down was only 6%. This might be how the market is showing some underlying strength that the other cycles are giving it. Yet, at the same time, it's so overpriced it needs to start crashing now, but not as much as it did in 1929, at first.

This is a very unique bubble because it's not really truly a bubble in the historical sense, but more like the worldwide resurrection of a dead bubble by a few crazy people who are not the majority or the free market, and that's never happened before. We have pointed to 1937, but this resurrected bubble is massive in relation to the 1937 attempt. This bubble has put a very complex and fragile world system completely off its tracks, and the only thing I feel certain about is that when it crashes, this will be the end of Western Civilization as we know it.

[aedens]

http://finance.yahoo.com/news/u-house-p ... 47178.html

The White House hailed the House vote as "a positive step in moving away from the political brinkmanship that's a needless drag on our economy."

They will do anything to avoid many common sense topic. Another facet is we can only grow a finite amount of agricultural products
as the burn rate of water and soil overwhelm more. What mean is the delay of the pattern only we allude to.
Of course we wish it to pass us by. The cost basis is half now for seed corn and nitrogen just to get it in the ground now.

http://cagw.org/

[Higgenbotham]

They will do anything to avoid many common sense topic. Another facet is we can only grow a finite amount of agricultural products as the burn rate of water and soil overwhelm more. What mean is the delay of the pattern only we allude to.

Absolutely correct. The one constant we have through history is that paper is not wealth. It used to be that soil was wealth, and gold represented the wealth that came from the soil. Today, soil and oil are wealth, and gold and paper represent that wealth. Soil and oil are plateauing and declining; there is no substitute for soil and no viable substitute for oil. The bubble creators are trying to say that, because paper represents oil wealth, they can create more wealth from paper. Put in this simple logical framework, anybody can see that it will fail. The more stubborn they are in insisting that paper is wealth, the greater the fall will be. They have been very stubborn.

[aedens]

The one constant we have through history is that paper is not wealth. It used to be that soil was wealth, and gold represented the wealth that came from the soil. Today, soil and oil are wealth, and gold and paper represent that wealth. Soil and oil are plateauing and declining; there is no substitute for soil and no viable substitute for oil. The bubble creators are trying to say that, because paper represents oil wealth, they can create more wealth from paper. Put in this simple logical framework, anybody can see that it will fail. The more stubborn they are in insisting that paper is wealth, the greater the fall will be. They have been very stubborn.

Old number to how people avert facts on the root causes.... http://www.starvation.net/terrorism-vs- ... -chart.htm

They spend how much per year butchering poor people who revert to violence? Kissingers food is a weapon then is just a excuse for MIC avarice also today. On Dec. 10, 1974, the U.S. National Security Council under Henry Kissinger completed a classified 200-page study, "National Security Study Memorandum 200: Implications of Worldwide Population Growth for U.S. Security and Overseas Interests." The study falsely claimed that population growth in the so-called Lesser Developed Countries (LDCs) was a grave threat to U.S. national security. Adopted as official policy in November 1975 by President Gerald Ford, NSSM 200 outlined a covert plan to reduce population growth in those countries through birth control, and also, implicitly, war and famine. Brent Scowcroft, who had by then replaced Kissinger as national security adviser (the same post Scowcroft was to hold in the Bush administration), was put in charge of implementing the plan. CIA Director George Bush was ordered to assist Scowcroft, as were the secretaries of state, treasury, defense, and agriculture. Overall taxpayers are glassholes now and thoughtless pricks to self only. Indeed food is a weapon as they bombed the processing mills recently. 3.2 million DoD employees include active military, civilians, National Guard, and Reserves. But there are another 600,000 contract employees. About 1,600,000 supply the military with food, health insurance, weapons. Totalitarian political system masquerading as a religion and yes atheism is a cult religion.

Given the GSE over there the water soil and burn rate is no accident when they implode.

We know who followed the script as millions died over there so if we think America was a solution of the proble read life boat ethics to comfort your conscience as I did for some time. Also I have no problem with defense. Wrapping our self's in a flag is not excusable either. The problem is the cold war was lost to sociopaths here and there is our main problem. Assad is another symptom no solution is wanted really wanted. We knew up front that asshole needed to be a black spot day one now we all suffer the whirl wind coming again. What few recognize is after WW2 how many went to the middle east after that War to disappear. As Lot was asked find one, so I will not kindle my wrath and stay my hand.

https://www.youtube.com/watch?v=3mY54c5MQsA

[gerald]

This is getting to sound a lot like a plot for a mystery novel ----

Another JPMorgan Banker Dies, 37 Year Old Executive Director Of Program Trading

http://www.zerohedge.com/news/2014-02-1 ... am-trading


"Ryan Henry Crane of Stamford died Monday, Feb. 3. He was 37."

"Crane was born Jan. 8, 1977, and grew up in Long Valley, N.J. He graduated from The Delbarton School in Morristown in 1995. He graduated from Harvard University in 1999, after which he spent the next 14 years at J.P. Morgan in New York. He was an executive director in the Global Equities Group."

"The circumstances surrounding his death are scarce, but what is most notable is that not only is Crane the second very young JPMorgan banker to pass in recent days, but is also the fourth banker death in under a month. We can only hope this disturbing chain of deaths within the financial industry - one of which involved a nail-gun induced suicide - is purely accidental."

[aedens]

Nuremburg defense, everybody has a mortgage to pay. Also as we watch the job worked closely with the London desk and who died last week in London?
Gabriel Magee. What are the odds of that shark attack.

[gerald]

The continuing story of "Alice in Wonderland" -----------

Surreal News Du Jour: Spain, Turkey To Jointly Build An Aircraft Carrier --- http://www.zerohedge.com/news/2014-02-1 ... ft-carrier

"Erdogan added that Spain’s Navantia and Turkey’s Sedef companies reached agreement on the project.

The PM also said that the ship will be built at Istanbul’s Tuzla dockyard, and will be a "strategic" asset for Turkey.

We can only assume that when it comes to epic, and epically idiotic, Keynesian boondoggles, Spain and Turkey have decided to take the torch from the US where two years ago we suggested that in order to "boost growth" the US should build an $852 quadrillion death star, an idea which subsequently got all the way to the petition stage and received a formal response from the US government.

However, before the whole demented project comes crashing and burning, we will read many articles about the thousands of jobs created and needed to build the carrier: something.

The only thing that was not clear is what the proposed name of the ship is. We propose: Distraction I."

[gerald]

Are governments engaged in a form of "potlatch?

1. (Anthropology & Ethnology) anthropol a competitive ceremonial activity among certain North American Indians, esp the Kwakiutl, involving a lavish distribution of gifts and the destruction of property to emphasize the wealth and status of the chief or clan ----------http://www.thefreedictionary.com/potlatch

[aedens]

Given your actual science back ground G indeed I enjoy your whit on affairs and comments from so many views we have. We see it as e peens also diluting symbols to earlier social peaks in times of stress also before as precise rhetorical verbiage since Tacitus and Livy et al.

I would suggest as the M2 slips "presents itself further" the hubris increases in a GD view more suggest. Energy poverty is past rampant now in our area as we already noted early here. Just as cold as there regard for taxpayers and the rising parasitic classes top to bottom. Mocking a slight increase in production if weather cooperates on fallow land is the standard in the bureaucratic ranks and other efficiency outputs cannot substitute organic growth to normalization processes to consume. Now it is simple survival as we slip further. When is only the question and not how to actual reflections of repressionary effects of strip mining savings in a fiat polity of design from the county clerks to the millions also now unable to afford the accolades of heath care up 300 percent in a cost basis or buying actual food. To be polite it was called compression. I would recant that view to cannibalization of whats left standing as they move to the next bone pile we already noted. Countless land masses have water that will kill you and soil unfit for growth and growing in scope as the GSE locusts decimate all and any in there fiat insanities. At least we seen some hope to preserve and proactive protection in a regional context lately. In the larger scope of things another area neutralizes one problem and lacking still sane recourses to prevention that can be monitored internally for survival of value added cluster groups.

I find your potlatch mental construct telling and accurate. Few people forward inner reservations in compression and basically neutral markets so we ponder the so called apathetic fiat cat
herding cults. As we know fiat is first circle usage medium for the Fabian cults of looting decree and temporary social status in the facts of time.

starve enough of x to get y response for z results