Financial topics

[aedens]

I would suggest as the M2 slips further the hubris increases in a GD view. Energy poverty is past rampant now in our area.
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 repression in fiat polity of design from the county clerks to the millions
unable to afford the accolades of heath care up 300 percent in a cost basis I hear and buying 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.
The Winchesters may just be needed to protect anything to harvest in a few years. Countless land masses have water that will kill you and soil unfit
for growth as the GSE locusts decimate all and any in there fiat insanities. At least we seen some hope to preserve and proactive protection
in regional context lately. In the larger scope of things another area neutralizes one problem and lacking realities to ash ponds and sane
recourses to prevention that can be monitored internally for survival of value added cluster groups. Our longer dialog here G is past there
inane internalized looting and silent war for countless decades.

[aedens]

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

yen and eud spillover buying tangible assets here will peak soon enough. Reserve banks strip mining savers with internal recycling. Nominal savings wiped out with financial repression intent and
moving to next geo political monetary debasement phase as globals condense with what we seen coming.

In the view of Rosen (1997), p. 147 (emphasis added):
…having observed choices in different price and income configurations, we can invert the process and infer what those underlying preferences must have been, as long as preferences are reasonably stable and the source of variation is sufficient to achieve identification.
Many Austrians hold to the view that quantitative empirical work in economics is infeasible or uninteresting because the world is changing so much that “behavioral relationships” inherently are unstable and it is fruitless to estimate them. An unwillingness to pursue the consequences of “given conditions” greatly limits the empirical scope and consequences of Austrian economic theory. The paucity of quantitative empirical work in the Austrian tradition accounts for why so few Austrians are found in the professional economics community today.
For support of Rosen, see Laband and Tollison (2000); also see rejoinders to Rosen by Anderson (2000), Block (2000), Thornton (2004); Yeager (1997, 2000).

Separate thread: Tuberculosis out break locally.

In answer to the question: Do you have anyone dependent on you replied:
2.1 million illegal immigrants,
1.1 million crack-heads
4.4 million unemployable scroungers
900,000 criminals in 85 prisons
650 idiots in Parliament and the whole of the European Commission

His response was deemed unacceptable.

In response, he asked "Who did I miss out?"

This point is illustrated perfectly by their observation that corporations in civil-law countries are typically controlled by the State (such as in France), while corporations in common-law countries have been under dispersed ownership. Their comment about State-controlled corporations is without appeal; such corporations are “extremely inefficient” and expropriate minority shareholders. Moreover, they show that such countries are also marked by more corruption because of the strong bond with the political sphere (Shleifer and Vishny 1997, pp. 767–69).
Finally, such studies show that in civil-law countries, insider trading scandals usually have a connection to political power. The Triangle Industries scandal is one illustration. The scandal involved insider purchases of Triangle shares shortly before Pechiney bought it in 1989. Among the six French buyers who were indicted for insider trading, one (Roger-Patrice Pelat) was a close, longtime friend of the president of the Republic. Two others (Max Théret and Harris Puisais) were also close to political power. If you follow the individuals back to origen a trend is apparent.
Many argue "Austrians" that managerial omnipotence can be explained as the result of government regulations reducing shareholder-owners' incentives to efficiently manage their property, namely, their stock in the corporation.
Ruthless mindset's can be followed to conclusion as to avert the loss of investment capital and I always convey know it better than your wife since Most older mindset managers convey labor and Capital as a marrage. My preference is based on fact and a line of reason as both party's have only social responsibility's only called contract.

Notes from also: Marks, Stephen G. 1999. "The Separation of Ownership and Control." In Boudewijn Bouckaert and Gerrit De Geest (eds.). Encyclopedia of Law and Economics. Cheltenham: Edward Elgar Publishing. Pp. 692-710

[aedens]

http://www.ekathimerini.com/4dcgi/_w_ar ... 014_537374

Tax deposits on next year's taxes.

http://www.ekathimerini.com/4dcgi/_w_ar ... 014_537342

[aedens]

http://oilprice.com/Latest-Energy-News/ ... urdle.html

soros thread update on what we trended way back on the old grain depot

[aedens]

I have heard numerous inferences lately other than here also on conditions. The no that cannot happen since they are in control.
Poking at small operators who will never compete on and on about the boot on the common mans spineless throat. Not a straw man
stuffing excersize but governments servants attitude towards any production that I think will be protected with a winchester sooner or later.

http://gdxforum.com/forum/viewtopic.php ... rain#p8692

As we've been saying for a long time, and further down in this investigation it is stated, the synthetic CDOs were deliberately created to self destruct. I would say there are many layers of truth in something as complex as this financial crisis, and the idea that a hostile foreign entity can crash the US financial markets can be true only because the system is internally unsound and corrupt to begin with. It's not a primary cause as parasites only feed on a vulnerable host and, as I pointed out yesterday, we have plenty of internal parasites who created these vulnerabilities and have been methodically feeding on a fundamentally unsound and corrupt system they helped create through lobbying efforts. You can't amass tens of billions without a systemic and fundamentally harmful money drain from the productive.

[aedens]

Carroll Quigley The Recession of 1937
The recession was marked by a break in wholesale prices, a decline in business activity, and an increase in unemployment. In most countries it began in the spring of 1937 and lasted for about ten months or a year. It was caused by several factors: (1) much of the price rise before 1937 had been caused by speculative buying and by the efforts of "panic money" to seek refuge in commodities, rather than by demand from either consumers or investors; (2) several international commodity cartels created in the period of depression and early recovery broke down with a resulting fall in prices; (3) there was a curtailment of public deficit spending in several countries, especially the United States and France; (4) the replacement of capital goods worn out in the period 1929-1934 had caused much of the revival of 1933-1937 and began to taper off in 1937; (5) the increase in political tension in the Mediterranean and the Far East as a result of the Civil War in Spain and the Japanese attack on North China had an adverse effect; and (6) a "gold scare" occurred. This last was a sudden fall in the demand for gold caused by the fact that the great increase in gold production resulting from the United States Treasury price of $35 an ounce gave rise to rumors that the Treasury would soon cut this price.

No accident to what is coming.... and not hard to sort the above observations either..
Watching the other 5 harbingers

I reviewed H, the overall as they linger in 29 hitching post diatribe and the hard currency issues few even read or undestand the day.

in other words, the 1937 and 1973 time periods, the interest rate movements, and the time lags. His conclusion is the high is being made now and his two windows were late November and late December, as were mine plus I still have January 15 or 16 open as a possible high, but looking less likely.

I would lean towards effects and probable timelines we discussed already. Locally the landscape is bleak H
Event is there issue not mine on transition effects to decline. Caution of course in a compression market as we are looted.

Gold is seeking a new baseline on our early thought also. The other usual suspects are ready also to puss up also I consider and watching closer.
All about the nominal growth narrative and porridge numbers from the cult members.

[vincecate]

The one on the left in charge when saving the currency, the one on the right in charge when ruining the currency.

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[Higgenbotham]

I went 25% short the Nasdaq 100 tonight and plan to move to 50% tomorrow.

I've been pecking all week and getting out for various reasons until deciding to go in tonight and sit tight.

The 1929 analog turned up two days ago and it looked like the high could be there.

I've noticed something over the past few years when these types of patterns turn up. On the day of what appears to be the "ideal high" the market will look like it is making the high. The next day it will turn down a bit and look like the "ideal high" really did happen. The following day the manipulators will make it look even better, then do a "beehive smash" sending all the shorts running for cover. The market will go up all day that day and then that will be the high. I can recollect 5 or 6 examples of this exact scenario.

That day appears to me to be today, which is why I bit down on a 25% short tonight. If the "market" (or what little is left of it) seems to confirm that the above is the case, I will move to 100% short.

The reason I went with the Nasdaq 100 is it made a multi year high today and has been up 7% over the past 7 days, while the S&P 500 and the Dow are still well below their January highs.

[John]

So if I understand you correctly, Higgie, you're alleging that the
manipulators are following the same charts and patterns that you're
following, and they're doing manipulations with the specific purpose
of defeating those patterns. Is that right?

[Higgenbotham]

So if I understand you correctly, Higgie, you're alleging that the
manipulators are following the same charts and patterns that you're
following, and they're doing manipulations with the specific purpose
of defeating those patterns. Is that right?

I don't think that's exactly what they are doing. They are not that sophisticated actually (they don't need to be), and their computer algorithms are crap. But they have enough control over the market to be able to know where they are and where everyone else is, approximately. One way I think they are doing this is by computer scanning websites like this and looking for key words like "crash". If they see a lot of participants are tilted to the short side and they know where the stops are, they have enough liquidity on hand from the Fed to blow them out and temporarily change the pattern. It's sort of like a poker game where they dealt themselves all the aces and the Fed gave them a few jokers on top of it.