Financial topics

[Higgenbotham]

One bottom line with respect to the Dow trendline value is this isn't May 2, 2011 in any fundamental sense. At that time oil was over $100 and rising, showing the consumer had the ability to pay. At the present time, oil has been falling since the recent high, indicating the consumer has lost the ability to pay, and the ability to pay a lower price than where the top happened in 2011. On that basis, this is a bubble, plain and simple, with no recent historical precedent, within a time period that has had no historical precedent itself - a bubble within a bubble.

Your points would illustrate what had been generally discussed this past weekend. That list is the price that was paid to get back to Dow 14,000, and it will lead the world into a new dark age. The paradox is that the high stock market is absolutely the worst thing that could be seen now as evidence of future prognosis. There are times when I've kicked myself for being short but today isn't one of them.

[aedens]

http://www.youtube.com/watch?feature=pl ... 0IVSGctQIg

Once again the expert is wrong. America is following morons into the swamp, not out.
Nothing from there mouth is truth for some time.
http://www.lewrockwell.com/paul/paul334.html

no one in Washington, especially those who defend the poor and the middle class, cares about this subject

[aedens]

http://www.youtube.com/watch?v=hnda41lj6go

Democrat market theory

[Higgenbotham]

no one in Washington, especially those who defend the poor and the middle class, cares about this subject

I caught that, and there is nobody in the world more qualified to assess that than he is. Most of the other 535 don't have the knowledge of the monetary system to know what he is talking about, and if you're not one of the 535 you can't know as much as he does about what they care about.

[aedens]

I will scan a few pic's in when I get some time. They will be the civil unlike the others that show what the 535 of percentage are
about and the evil of that day.

[Reality Check]

http://www.youtube.com/watch?feature=pl ... 0IVSGctQIg

Love the Biden clip and the images of twelve gauge practice on that video, but the music on this one .....:

http://www.youtube.com/watch?v=YVkknV3- ... =endscreen

[Reality Check]

.
http://www.washingtontimes.com/news/201 ... werhouse/.
.
Europe and the United States pump 100s of Billions down the rat hole of over priced, uncompetitive alternative fuels, selling the government spending massive quantities of tax payer money as an investment in the perfect alternate fuel that has zero pollution and is also cost competitive.
.
.
At the same time world wide coal use, both current world wide coal use and projected world wide coal use, sky rockets as the only cost effective fuel source for generating power in the developing world.
.
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In the United States alternative fuel private companies, largely funded by tax payers money from governments, are going bankrupt at an alarming rate, even with the government subsidies. The problem is that in virtually every case the technologies and the companies the "government chose to invest in" are unable to compete with coal and other low cost fuels.
.
.
http://www.washingtontimes.com/news/201 ... owerhouse/

[aedens]

Demoncrats picking precise pressure points for 2014 election. This will blow up in there face if your paying attention.
Tea party Independants pay attention and boot these neo cons FUDs out and grow a set will you. This is all about 2014 now
to wipe out the 30 actual Senators who had a set. No we are not saying enviserate defence at all but mind our own damn business
for a change.
http://washingtonexaminer.com/thomas-so ... n=obinsite

Also how do we get these people to understand that "About 50% of the country pays 0% federal tax." is a vacant thought
as being like a democrat. Every purchase is a federal tax smothered in the inflation tax and I simply do not know what the hell is wrong with these conservative retards...http://www.cato.org/publications/commen ... n-taxation
Serves the Republicans right for being Demoncrats and both are the problem since they both eat our children and the grand children now also.

Anyway a slice of reality: When I explained what a TV is, he said, “…oh, that kind of a box. I heard our village Chauhan Sahib has it.
I have myself never seen it.”
http://www.thehindu.com/opinion/op-ed/t ... epage=true

[aedens]

http://www.issues2000.org/Bill_Clinton.htm
Nice review site and it appears accurate on issues for answers and some opinions. I liked him until 1993, well I changed my mind it happens.
No big deal but I was no longer a Democrat or Republican since I was reviewing the Federalist and Antifederalist papers from the founders.
From the Family achives at NATO back in the day. I do not think the Demoncrats are good people to allow some procedures very,very late term
issues.

[Higgenbotham]

I'm not trading today as this has gotten past the point of ridiculous, so am just sitting 100% short for today.

Somebody asked what I think about silver and suggested maybe I post that here.

My first thought regarding anything like that is that I have been wrong about the stock market for 14 months. Though not so much about silver or bonds.

During the past 14 months, the governments of the world, particularly Western Europe and the US, and those who benefit from the power of these governments, were on the ropes late in 2011; they are fighting back hard and they are winning. However, I view the wins to be such that they are winning the short run skirmishes and battles, but in the effort to win big in the short run the long run has been lost. Miscalculations were made regarding the long run or perhaps outright neglected due to the hubris of wanting it all now.

Hubris (pron.: /ˈhjuːbrɪs/), also hybris, from ancient Greek ὕβρις, means extreme pride or arrogance. Hubris often indicates a loss of contact with reality and an overestimation of one's own competence or capabilities, especially when the person exhibiting it is in a position of power.

This definition is a perfect description.

So what does that have to do with markets. First of all, what it means to me is that the groups who win from such a situation are the big money interests. The wealth concentrates and it goes into the markets that can absorb big blocks of money, namely US stocks and bonds and to a lesser extent this also applies to gold, certainly more to gold than silver. Since May 2011 we see US stocks and bonds outperforming and the ratio of gold to silver rising. This is one extreme.

Within the larger scheme of things I think it's still important to understand that silver is still about 5 times more valuable than it was 10 years ago whereas in 2011 it was 10 times more valuable. In my mind to imagine a world in which silver becomes more valuable, I have to imagine that the tide begins to turn and the Western European and US governments start to once again lose the battle they are waging against their citizens to bleed them dry and move the wealth to the center. This would free up resources for the common man to once again put more savings into silver.

A lot of people think that silver prices have something to do with inflation - and they do. But in the short run silver prices also have something to do with who gets those dollars and what the interests who get those dollars are going to do with them. If you're a government trying to temporarily save your own ass with inflation, giving money to people who will use it to buy silver isn't going to accomplish that.