Financial topics

[Higgenbotham]

I started accumulating some gold stocks in my IRA today. Bought GDX, which is about 1/3 of its peak 2011 value and GDXJ, which is about 1/6 of its peak 2011 value. I will scale in more if gold stock prices continue to fall or stabilize. If they rise, then I just bought a little near the bottom. Of course if we collapse into a dark age as I expect these stocks will go to zero along with everything else.

Yesterday I started backing up the truck so to speak. The gold stocks are making new lows, maybe due to tax loss selling. I bought yesterday and today and plan to buy more in after hours every day that prices are down until my IRA is 100% invested in GDX and GDXJ (mostly GDX). Before yesterday, my IRA had lost about 5% of its value on these investments year to date. This might be the best way to position for a decreasing Dow Gold ratio. Also, the fact that gold stocks are making new lows likely indicates gold and silver have not bottomed. Or it could just mean tax loss selling has thrown things out of balance.

[John]

I love this.

> "All Americans know politicians lie. The question is, which lies
> can you live with? And, time and time again, Americans have said
> we can deal with the lies that President Obama tells us because we
> believe in his heart, he has the best interest for the American
> people.

http://www.realclearpolitics.com/video/ ... o_you.html

[aedens]

http://finviz.com/quote.ashx?t=AZC
http://finviz.com/quote.ashx?t=sanw
http://finviz.com/quote.ashx?t=ncq

GDX and GDXJ (mostly GDX) ankle deep for now and not a bad idea H but will let Dr. Copper set the tempo first IMO on deeper trends.
http://solarcycles.files.wordpress.com/ ... /2dec1.png

[gerald]

I love this.

> "All Americans know politicians lie. The question is, which lies
> can you live with? And, time and time again, Americans have said
> we can deal with the lies that President Obama tells us because we
> believe in his heart, he has the best interest for the American
> people.

http://www.realclearpolitics.com/video/ ... o_you.html

Nice, is this the reason for low trust in government? http://www.gallup.com/poll/5392/trust-government.aspx

And apparently a distrust of the main stream media?

Such as their handling of the "knockout game"

Home » Blogs » Thomas Sowell's blog http://www.thecitizen.com/blogs/thomas- ... ream-media
A dangerous ‘game,’ ignored by mainstream media

"If these attacks continue, and continue to grow, more and more people are going to know about them, regardless of the media or the politicians. Responsible people of all races need to support a crackdown on these attacks, which can provoke a white backlash that can escalate into a race war. But political expediency leads in the opposite direction."

John , in your state of the world you do not list the US, ---- hmmmmmm.----- Anecdotal reading of various comments to news events such as the above indicate there are important issues that need to be properly addressed, before they reach a tipping point and cause much unpleasantness.

[aedens]

Full retard useful and cheerful dimmcrats will never get it until they put dirt in there face.

http://news.yahoo.com/harry-reid-exempt ... 25037.html

Echoes of Niemoller is perhaps best remembered for the quotation:

First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.

Then they came for the Jews, and I did not speak out--
Because I was not a Jew.

Then they came for me--and there was no one left to speak for me.

Keep voting you idiots.

http://www.pittsreport.com/2011/04/diet ... niemoller/

The will of God is not a system of rules established from the outset. It is something new and different in each different situation in life, and for this reason a man must
forever reexamine what the will of God may be. The will of God may lie deeply concealed beneath a great number of possibilities. [Ethics 1943-45]
Born: February 4, 1906 (1906-02-04)
Breslau, Germany
Died: April 9, 1945 (1945-04-10) (age 39)
Flossenburg concentration camp
Church Evangelical Church of the old-Prussian Union
Confessing Church

[aedens]

Same as it ever was. “Kill the man, kill the problem,” Joe Stalin.

Change is a process, not an event.

Jackson retired the national debt, later they did a Joe on the solution
and relegated the rest to local affairs only in the silent war few can
even fathom to this day......

Mirrors the Denkform of all foundations of the ‘risk parity’ movement we just seen
unfold to the goal of heresies, reforms, reaction and persecutions unleased since inflations
will decimate the market and not opinions as the intermediaries of competancys as the natural interest
resumes control if we like it or not.

A Denkform is a thought-form; the word is coined from the German word denken, to think. Freudenthal shows that the mechanistic philosophy characteristic of modern thought in its Newtonian version (and to a considerable extent in all its main versions) presupposes a world composed of equal elements whose essential qualities belong to them as individuals; they do not depend on the roles of the elements in systems. (p. 165 of English translation, Gideon Freudenthal, Atom and Individual in the Age of Newton: on the Genesis of the Mechanistic World View. Dordrecht, Holland: D. Reidel, 1986. Volume 88 of Boston Studies in the Philosophy of Science.) As a general Denkform of the age individualism is employed everywhere, not just in physics. For example: "Hobbes' broad concept of power [borrowed from Galilean physics. HR] thus justifies his view that a system consists of equal elements; moreover, this concept allows him to neglect the differences between the feudal and the bourgeois society, so that the determination of the essential qualities of the elements (the men) can be understood independently of a particular social system." (p. 126)

As we know here in XXVI. THE IMPOSSIBILITY OF ECONOMIC CALCULATION UNDER SOCIALISM
“It is the two fundamental errors of mathematical economics that must be indicted. The mathematical economists are almost exclusively intent upon the study of what they call economic equilibrium and the static state. Recourse to the imaginary construction of an evenly rotating economy is, as has been pointed out, an indispensable mental tool of economic reasoning. But it is a grave mistake to consider this auxiliary tool as anything else than an imaginary construction”
He no longer deals with human action but with a soulless mechanism mysteriously actuated by forces not open to further analysis. In the imaginary construction of the evenly rotating economy there is, of course, no room for the entrepreneurial function. Thus the mathematical economist eliminates the entrepreneur from his thought. He has no need for this mover and shaker whose never ceasing intervention prevents the imaginary system from reaching the state of perfect equilibrium and static conditions. He hates the entrepreneur as a disturbing element. The prices of the factors of production, as the mathematical economist sees it, are determined by the intersection of two curves, not by human action. The problem of socialist economic calculation is precisely this: that in the absence of market prices for the factors of production, a computation of profit or loss is not feasible. Who should be master, the consumers or the director? With whom should the ultimate decision rest whether a concrete supply of factors of production should be employed for the production of the consumers good or the consumers good be? Such a question does not allow of any evasive answer.

It must be answered in a straightforward and unambiguous way. Mises

That is the consideration and factual costs to the consumption of fixed capital as the improper calculation of beta based baskets maintenances and unwarranted decline since sheduled assets are improperly marked items of social and physical definition to economic Utility. Defined to the four levels of the natural economy as in to avert the stitch in time.....

Consequences as measured to investment strategys structured to be indifferent to shifts in discounted economic conditions and improper allocations
in a Socialist construct of decline.

Anyway the color of the bottle just changed again with the same contents: As with risk factors (and smart beta), risk parity ultimately comes down to portfolio construction. It is implemented via assets, and can thus be priced.

I sense a disturbance in the force....

h/t rusty With or without government, it's about which gang you belong to. The U.S. gang leadership has been infested by hostile foreigners and is not so hot on protecting us anymore. That's what all the new security is about, preventing a better gang from coming to power and taking control from the current coven.

[aedens]

http://www.raymondibrahim.com/islam/the ... a-history/

[aedens]

http://www.safehaven.com/article/32030/ ... nt-outlook

or

http://seekingalpha.com/article/1883431 ... ys-it-will

[aedens]

But that's the main reason why I've produced mediocre investment performance. I've been sensible. But in doing so I have imposed qualitative, one-way causality arguments onto a market that just doesn't care. http://www.zerohedge.com/news/2013-12-0 ... ead-letter

Meanwhile they wish to emulate here and there a culture change that regards only the self imposed stupor of medicated and educated to silent intent since pity and scorn are welcome mats only to delusional indulgances of social destruction. Walking in circle is not caused by one leg shorter than another either as Augustine noted for sanitys sake anyway. No thanks... Dicipline over conviction since the natural order of operations will not change opinions easily defined. To shun is a viable reality and as we know we respect the irony there are to many of them so we had to do something was not lost on the travails of thought to the thinking members to preserve the effects of hope. We also know the studies of the consequences are replete with effects to the three levels of indifferences and piety. Marx was not far off the mark on opium for the masses and as we know the narrative unblemished to date when he knocks on his own door they could not tell who he was even when he was the actual owner of the vineyard. I never considered epicurians any different than the root definition of poli tic in actual worth either in the actual affairs of consequences at hand today.

The Aristotelian''s book The Politic, is the responsible to disseminate the expression. The text Aristotelian is the first document about the structure of a State. We can see around all the chapters the function and how works a Greek polis(or the State). Slowly the reader understand than the conception was born how a nomenclature of all reflexions and means issues or doubts about a government. http://www.reuters.com/article/2013/12/ ... 8X20131206

"poli" - Greek root-word, meaning "many" "ticks" - small blood-sucking vermin.

History conveys: Syndicalism stays veiled from public discernment and will be rendered later for the purpose of Capital and Labor Responsibilities systemic misnomers. The Austrian’s call it the master builder dilemma and I agree to what I found to be painfully true in any context to date. To many items we do not need from market “global” saturation points and the loss of core sanity hinging on energy petro dollars losses which will sponge out base monetary supports as we have seen given the markets true exchanges noted to date. Basically the vanilla investors have wised up and moved elsewhere from equity it appears as such.

Tuesday, July 1, 1930: Dow 226.34 +7.22 (3.3%) Labor Secretary Davis says business is definitely turning up in the East, predicts reasonable prosperity within the next year. “People have learned once again that only work produces wealth.”

http://www.zerohedge.com/news/2013-12-0 ... two-charts

[Higgenbotham]

http://www.zealllc.com/2013/spxtopval2.htm