View Full Version : Crash Time
Spectrism
15th May 2012, 01:28 PM
Hell is about to break loose.
Get ready to grab the metals when the bottom hits.
Shami-Amourae
15th May 2012, 01:32 PM
Details?
zap
15th May 2012, 01:34 PM
???:(???:(??
Rubberchicken
15th May 2012, 01:41 PM
He met Celente one time, now he's a guru too.
Spectrism
15th May 2012, 01:56 PM
I am watching the moves in the banks. It is funny how JPM has not crashed, yet Citi has been taking a pummeling. Silver is heading toward my target of $26.... but I hope it could even drop to $23. Under $26 I will start scraping nickels together to by ounces.
There is an odd disjointedness in the market as if the PPT is not at the usual game. Things just feel ripe for a drop. Just a hunch.
Europe is cratering. Business out of Europe is non-existent in my little world. The Euro still falls without the ESF pumping it back up.... yet.
The earthquake and sunspot activity has been too quiet for too long. I am starting to get jumpy.
ximmy
15th May 2012, 02:02 PM
I am watching the moves in the banks. It is funny how JPM has not crashed, yet Citi has been taking a pummeling. Silver is heading toward my target of $26.... but I hope it could even drop to $23. Under $26 I will start scraping nickels together to by ounces.
There is an odd disjointedness in the market as if the PPT is not at the usual game. Things just feel ripe for a drop. Just a hunch.
Europe is cratering. Business out of Europe is non-existent in my little world. The Euro still falls without the ESF pumping it back up.... yet.
The earthquake and sunspot activity has been too quiet for too long. I am starting to get jumpy.
I've been watching the housing market (so cal) and they have been quietly raising prices about 10 percent, pretending the economy is good, all the while hiding shadow inventories and true sales figures. Pathetic.
But it made me think about how this is their game; pretend, make the sheeple believe, keep the dollar strong.
Pay no attention to the "oops" 7 billion california budget miscalculation... carry on
Gaillo
15th May 2012, 02:25 PM
Dooooooooooom?
Carbon
15th May 2012, 02:36 PM
Dooooooooooom?
Doom(ed).
http://www.youtube.com/watch?v=5U319VzSqEU
...
The small and mighty all the same
And life's a shallow, facile game
Every ego will be crushed
Every empire turned to dust!
The crack of doom is coming soon,
The crack of doom is coming soon!
Spectrism
15th May 2012, 02:37 PM
I don't know about doom, but the log-jam is piling up. I am seeing too many little indicators that are like pins sticking out of walls in a room full of balloons.
Prepare your mind. Be at peace. Think about ways to improve your position. Keep a positive attitude. The shakedown will be ugly. Do not worry. The bastards need a crisis to scare the sheep into their pen.
Uncle Salty
15th May 2012, 02:50 PM
I wish. I have been waiting for a crash for so long, it's all the boy who cried wolf to me at this point.
gunDriller
15th May 2012, 03:06 PM
fortunately this is the time of year when my front yard is full of wild beans.
that plus the cow i bought for $50 which is now a column of frozen meat in my freezer.
looks like there's a lot of wild beans, beef, and eggs (from my chickens) in my diet for the next few months. :)
the more money i save on food ... the more $ i have to load up at these prices. as long as it's healthy food - what the heck.
Jeez it seems like there's a lot of amazing deals all of a sudden.
when i cut up the meat, there's a lot of trimmed pieces. the chickens get that, pieces of skin & connective tissue with meat attached. raw. sort of like Steak Tartare. they love it.
while they're outside wolfing down raw meat i'm in here talking to you guys.
wierd :)
iOWNme
15th May 2012, 03:07 PM
My local shop is still selling generic silver for $29.73. $2 over spot for generic.....
Eagles are $31.73......
Spectrism
15th May 2012, 03:13 PM
I wish. I have been waiting for a crash for so long, it's all the boy who cried wolf to me at this point.
Yes- because the controllers have broken all rules to prop up the fake system. In a free market we would have corrected long ago.
But we are seeing the cracks in the façade. Behind it we can see outer space.... a vast vacuum.
Italian banks downgraded.... http://www.zerohedge.com/news/moodys-downgrades-26-italian-banks-full-report
This includes the drop in the EUR/USD. The crash in the EURO needs to happen. If the IMF and/or ESF start buying up Euros (again), we will see the dollar devalued quickly and prices spike up.
We are in a strange place where prices on nearly everything could drop due to lack of cash, but the money that is out there is being devalued. Not sure how that happens. It is like a roller coaster of panic- no cash ---> cash flood. If the fed/treasury responds to deflationary gravity reaching out of the black hole, we could see bags of dollars being given out to key people.
Collect useful assets and the ability to protect yourself & property.
osoab
15th May 2012, 03:37 PM
Is Opex this week for metals? Isn't May a delivery month for Au?
osoab
15th May 2012, 03:44 PM
Today was special - full-retard kind of special (http://www.zerohedge.com/news/market-deja-deja-deja-oh-forget-it)
Commodities slid on USD strength and liquidation pressures as we note Gold held in well (better than its peers) until the last hour or so (which has the smell of margin/collateral calls). Equities recoupled with Treasuries today after 3 days of exuberance (again).
Spectrism
15th May 2012, 04:08 PM
Today was special - full-retard kind of special (http://www.zerohedge.com/news/market-deja-deja-deja-oh-forget-it)
The dollar LOOKS strong in comparison to the Euro. All temporary front. This will make prices in many things drop in the near term. Depending on how they let Greece, Spain, Italy and others unravel, it may go on for a while yet. I have this ominous feeling that the closer we get to June, the more pressure is building. Here are some of the pressure points:
Debt
Derivatives
Political/ fascist grabs for control
International tensions with China
International tensions in ME
Precarious ecological disaster in Japan
Natural calamity- earthquake, solar, volcano
Race related incidents
Economic domestic disaster / unemployment and loss of manufacturing
Spiritual state- ignorance, evil embraced
Spectrism
15th May 2012, 04:10 PM
fortunately this is the time of year when my front yard is full of wild beans.
that plus the cow i bought for $50 which is now a column of frozen meat in my freezer.
looks like there's a lot of wild beans, beef, and eggs (from my chickens) in my diet for the next few months. :)
the more money i save on food ... the more $ i have to load up at these prices. as long as it's healthy food - what the heck.
Jeez it seems like there's a lot of amazing deals all of a sudden.
when i cut up the meat, there's a lot of trimmed pieces. the chickens get that, pieces of skin & connective tissue with meat attached. raw. sort of like Steak Tartare. they love it.
while they're outside wolfing down raw meat i'm in here talking to you guys.
wierd :)
What are "wild beans"? Left overs from previous crops?
You must be somewhere south. In CT the growing season is just starting. I have chickens but chicken feed is getting pretty damned expensive. I can't let the birds out: 1) they destroy my garden now; 2) hawks will get them.
Sounds like you got THE deal on the cow.
osoab
15th May 2012, 04:13 PM
The dollar LOOKS strong in comparison to the Euro. All temporary front. This will make prices in many things drop in the near term. Depending on how they let Greece, Spain, Italy and others unravel, it may go on for a while yet. I have this ominous feeling that the closer we get to June, the more pressure is building. Here are some of the pressure points:
Debt
Derivatives
Political/ fascist grabs for control
International tensions with China
International tensions in ME
Precarious ecological disaster in Japan
Natural calamity- earthquake, solar, volcano
Race related incidents
Economic domestic disaster / unemployment and loss of manufacturing
Spiritual state- ignorance, evil embraced
The same could have been said in '08, '09, '10, and '11.
I will rely on the standard mantra of "The market can stay irrational longer than I can stay solvent" until it no longer holds water.
You know GS and JPM are front running the entire USD/EUR forex trade. Hell they are probably pushing the spread with Bennie's little helpers' direction.
When it goes down, I don't think the internet will be running so we can post "It's Going Down!".
mick silver
15th May 2012, 04:20 PM
when it crashs you all here will be the first to know because you want be able to post no more plus you may have to go outside and grow something to eat
Spectrism
15th May 2012, 04:28 PM
The same could have been said in '08, '09, '10, and '11.
I will rely on the standard mantra of "The market can stay irrational longer than I can stay solvent" until it no longer holds water.
What will be the indicator that the time has been reached?
You know GS and JPM are front running the entire USD/EUR forex trade. Hell they are probably pushing the spread with Bennie's little helpers' direction.
When it goes down, I don't think the internet will be running so we can post "It's Going Down!".
I see the rubber meeting the road at the point of riots overtaking government troops because the people have no food. When things shut down, it won't take more than 2 weeks for that to happen. It will start in the cities. Rural people can get by much longer than those in the city.
We need to know the signs of imminent disaster. There are usually some warnings. I am getting some bad vibes right now. They have me looking for indicators.
osoab
15th May 2012, 04:37 PM
What will be the indicator that the time has been reached?
I see the rubber meeting the road at the point of riots overtaking government troops because the people have no food. When things shut down, it won't take more than 2 weeks for that to happen. It will start in the cities. Rural people can get by much longer than those in the city.
We need to know the signs of imminent disaster. There are usually some warnings. I am getting some bad vibes right now. They have me looking for indicators.
We are in a down hill slide no doubt, but nothing major until after the "election".
gunDriller
15th May 2012, 04:40 PM
What are "wild beans"? Left overs from previous crops?
You must be somewhere south. In CT the growing season is just starting. I have chickens but chicken feed is getting pretty damned expensive. I can't let the birds out: 1) they destroy my garden now; 2) hawks will get them.
Sounds like you got THE deal on the cow.
i don't know what the beans are. but they're REAL good raw. would taste good with salad dressing too but ... that costs money.
i know what you mean about the hawks. i hear varying things. one neighbor with about 25 chickens says i don't have to worry about hawks picking off the adult chickens. another neighbor says our bigger hawks in our neighborhood do eat chickens.
once i came outside and there was a large hawk just sitting there in a tree branch above the chickens. it squawked and took off. it might have been an owl, it happened fast.
as far as the cow - it died before the neighbor got it to the butcher. so they were stuck with a dead cow in their trailer. "Mama Cow" (that was her name) had just given birth. she was prolapsed, which i can explain but it would sound disgusting.
they thought they didn't have the resources to butcher it, and a butcher won't take a dead cow. so it died at 3 AM, they listed it on Craigslist, the deal was done at 11 AM. i spent the next 2 days cutting everything that looked like meat and putting it in a 5 gallon bucket.
it was QUITE an anatomy lesson. i had butchered a deer once.
i didn't have the right tools, just 2 sharp knives and a good file and a whetstone. so they winched it out onto a tarp in my driveway and i went to work.
learn by doing :)
Spectrism
15th May 2012, 04:42 PM
We are in a down hill slide no doubt, but nothing major until after the "election".
Oh no! There will be MANY major things before then. Give me a countdown and watch what unfolds in this time- 68 days.
Silver Rocket Bitches!
15th May 2012, 04:56 PM
All eyes on the EU at the moment.
Uncle Salty
15th May 2012, 05:23 PM
We are in a down hill slide no doubt, but nothing major until after the "election".
I don't know about that. We had that crash just before the last election.
JohnQPublic
15th May 2012, 06:15 PM
All eyes on the EU at the moment.
Europe is in big trouble, but could also be one of those, "Hey, look over there" jobs.
I do suspect that a Europe crash in the next 30-60 days could trigger a panic here. So that is one sign to watch.
Things are wound up pretty tight right now. When it goes it will be a whopper.
Book
15th May 2012, 06:19 PM
The earthquake and sunspot activity has been too quiet for too long. I am starting to get jumpy.
::) Oh.
steyr_m
15th May 2012, 06:21 PM
I wish. I have been waiting for a crash for so long, it's all the boy who cried wolf to me at this point.
I don't know about the boy who cried wolf; but I've been expecting since long before GIM went tits up.
Book
15th May 2012, 06:26 PM
I wish. I have been waiting for a crash for so long, it's all the boy who cried wolf to me at this point.
Me too. Since Y2K...
http://www.smiley-lol.com/smiley/fatigue/sennuies.gif
ximmy
15th May 2012, 06:29 PM
Me too. Since Y2K...
http://www.smiley-lol.com/smiley/fatigue/sennuies.gif
LOL... I am ready but am willing to be readier...
Sparky
15th May 2012, 07:02 PM
T- 661 days and counting
http://gold-silver.us/forum/showthread.php?57766-Suggestions-for-a-SHTF-Index&highlight=shtf+index
The only items on the SHTF index that are mildly alarming yet are gasoline prices and unemployment. Something from this list would really have to flare up in order to see a clear warning signal of imminent change. Until then, it continues to be a grind, with some ebb and flow.
osoab
15th May 2012, 07:08 PM
I don't know about that. We had that crash just before the last election.
I don't think tptb want a bigger tarnish on Obummer before Diebold votes. This is my most likely scenario to play out.
Plenty of "black swans" are out there, but there is too many to think about ultimately. Since most of us are farly aware of global happenings, I would assume we would have a day or five head start before the sheep.
Spectrism
15th May 2012, 07:37 PM
I don't know about the boy who cried wolf; but I've been expecting since long before GIM went (tits) penguin belly-buttons up.
Minor adjustment in description.
lapis
15th May 2012, 08:57 PM
I've been watching the housing market (so cal) and they have been quietly raising prices about 10 percent, pretending the economy is good, all the while hiding shadow inventories and true sales figures. Pathetic.
But it made me think about how this is their game; pretend, make the sheeple believe, keep the dollar strong.
YEP! Big time. I am constantly amazed at how they've kept up this charade.
But hey why not?
There are still a lot of people out here looking to buy homes at the artificially inflated prices. Why not keep shearing if the sheep are willing?
ximmy
15th May 2012, 10:48 PM
YEP! Big time. I am constantly amazed at how they've kept up this charade.
But hey why not?
There are still a lot of people out here looking to buy homes at the artificially inflated prices. Why not keep shearing if the sheep are willing?
They are going to shear the stock market and all paper holders too... I agree, why not if the sheeple let them.
jimswift
16th May 2012, 10:07 AM
I am constantly amazed at how they've kept up this charade.
There are still a lot of people out here looking to buy homes at the artificially inflated prices.
I work semi close to real estate and this still blows my mind.
I reckon some folks just have more cash than wits.
Spectrism
16th May 2012, 11:51 AM
Silver broke under $27 in a violent stab. We are at the bottom of the regression channel and the dark blue line is the base support long term. Experts think we bottomed out. I am not so sure. I would like to see it settle for a while before I would accept this as bottom. The markets are all messed up so it is just a guessing game.
28022803
If we break under $25..... next stop is $22.
Shami-Amourae
16th May 2012, 12:33 PM
Don Harrold has been saying he thinks the bottom is at $22 for the past week.
He made this today, saying he still doesn't think the bottom isn't in yet, but he does have some doubts since none of the longs (people like us) have been scared out yet. His technicals for the daily, weekly, and monthly all indicate a lower price.
http://www.youtube.com/watch?v=7cMyBsZ9DxY
Spectrism
16th May 2012, 06:07 PM
http://www.zerohedge.com/news/chris-martenson-we-are-about-have-another-2008-style-crisis
Chris Martenson: "We Are About To Have Another 2008-Style Crisis"
Well, my hat is off to the global central planners for averting the next stage of the unfolding financial crisis for as long as they have. I guess there’s some solace in having had a nice break between the events of 2008/09 and today, which afforded us all the opportunity to attend to our various preparations and enjoy our lives.
Alas, all good things come to an end, and a crisis rooted in ‘too much debt’ with a nice undercurrent of ‘persistently high and rising energy costs’ was never going to be solved by providing cheap liquidity to the largest and most reckless financial institutions. And it has not.
Forestalled is Not Foregone
The same sorts of signals that we had in 2008 are once again traipsing across my market monitors. Not precisely the same, of course, but with enough similarities that they rhyme loudly. Whereas in 2008 we saw breakdowns in the credit spreads of major financial institutions, this time we are seeing the same dynamic in the sovereign debt of the weaker European nation states.
Greece, as expected and predicted here, is a right proper mess and will have to leave the euro monetary system if it is to have any chance at recovery going forward. Yes, all those endless meetings and rumors and final agreements painfully hammered out by eurocrats over the past year are almost certainly going to be tossed, and additional losses are going to be foisted upon the hapless holders of Greek debt. My prediction is that within a year Greece will be back on the drachma, perhaps by the end of this year (2012).
(see long article at link)
http://media.chrismartenson.com/images/OCC-Derivatives-5-15-2012.jpg
Mouse
16th May 2012, 07:06 PM
I am waiting. I think the EURO situation is going to be very dollar positive, which will provide the hammer to PM's. Everyone in Europe is going to want dollars.
osoab
16th May 2012, 07:09 PM
FLASH: Greek Banks Cut Off? (http://market-ticker.org/akcs-www?post=206047&page=1)
Interesting post by Denninger. I don't know if exact confirmation has been made. Looks like 4 Greek banks have been cut off by the ECB for undercapitalization.
Spectrism
17th May 2012, 05:41 AM
I am expecting to see TURMOIL in the markets. This could translate into a drop in most sectors. The PPT can only cover so much ground. At some point they will be unable to put more digits into the market without showing their hands.
gunDriller
17th May 2012, 08:03 AM
I am expecting to see TURMOIL in the markets. This could translate into a drop in most sectors. The PPT can only cover so much ground. At some point they will be unable to put more digits into the market without showing their hands.
i was thinking that the PPT activities would be one of the best things to put in a SHTF index.
only problem is, what they do is 99%+ covert.
Spectrism
18th May 2012, 12:48 PM
i was thinking that the PPT activities would be one of the best things to put in a SHTF index.
only problem is, what they do is 99%+ covert.
It sure would be nice to see the trading games being played by the PPT. What I am seeing is a controlled descent. Instead of 300 pt drops, we get little spurts. Also, banking stocks seem to be ambling downward.
All of this should have happened in 2009. It should have been cleaned out and fresh free market action would have been back into normalcy by now. But that would have stopped the globalists' controls. So... I figure they are setting this up as Lindsey Williams said- crash the system with a pump up of interest rates at the right moment. For now, they steal more wealth and tighten controls on everything.
gunDriller
18th May 2012, 04:03 PM
It sure would be nice to see the trading games being played by the PPT. What I am seeing is a controlled descent. Instead of 300 pt drops, we get little spurts. Also, banking stocks seem to be ambling downward.
you can see some of their shenanigans by watching world equity markets. if the world markets are down 1% or more -
http://www.bloomberg.com/markets/stocks/world-indexes/
and US markets are up on no real good news, it's a sign of the PPT at work.
also, if US markets open down 1% or more, and crawl back, on new real good news, it's another sign.
Europe, Asia, Brazil - those are our export markets. if they are taking a pounding, it affects US exports for sure.
the MSM goes along for the ride, to paint the 'happy face' on US markets.
PPT + MSM = Judeo-Fascism, in action.
Horn
18th May 2012, 06:33 PM
I'll give it till about the first week of June.
All deals should be done by then, and interest rates flare up.
mick silver
18th May 2012, 06:36 PM
no way horn , i am getting a new tractor
Spectrism
18th May 2012, 06:38 PM
I'll give it till about the first week of June.
All deals should be done by then, and interest rates flare up.
I hope there is a little more time than that. If they pull the plug that quick there will be no elections this year. Every day I remember the warning of 3 months ago- fires of June & July. Something evil this way comes.
Horn
18th May 2012, 06:49 PM
I hope there is a little more time than that. If they pull the plug that quick there will be no elections this year.
Are you seriously concerned about getting your vote in before Armageddon?
Spectrism
18th May 2012, 07:02 PM
Are you seriously concerned about getting your vote in before Armageddon?
LOL.... my vote? Armageddon ain't coming yet. I would love for all to be done this year and the sky be rolled back. I don't think we will be that fortunate. Birthing takes hard labor and pain. And it is messy. We are about to undergo the mother of all births.
I think the runs on banks will spread. This will shut down commerce. Credit will freeze.
We are surfing a giant wave. If we turn off from the peak, into the backwater, we lose the speed and our flight stops. If we stay on the peak, we will eventually be thrown onto the rocks. Preppers have been setting anchors in the backwaters so that they won't crash on the rocks. The storm wave may be stronger than the anchors can hold. Where can I put preps that won't be touched by fire or water, mice or men?
Horn
19th May 2012, 12:51 PM
Where can I put preps that won't be touched by fire or water, mice or men?
Pandora's box.
singular_me
19th May 2012, 07:11 PM
hello there, yes I am back for a while....
speculation about the future is one of the problems that got us there, so the mentality has to change as everything happens in the "now".... additionally most of the gold/silver already are in "their" hands... honest money requires the abolition of all cartels and Usury Inc - or we'll get more of the same.
osoab
19th May 2012, 08:02 PM
hello there, yes I am back for a while....
Why did you leave and where are you going?
singular_me
20th May 2012, 08:30 AM
Why did you leave and where are you going?
hey, I am in NM, at 8,000ft.... left NYC in sept 2009 to learn about self-sustainability.... a true road trip :)
best
woodman
20th May 2012, 08:59 AM
Goldissima?
Spectrism
20th May 2012, 10:53 AM
Goldissima walked into a singularity searching for the unity of infinity and took on the name singular_me.
Now here is the question for crash-watchers: Will the central banks print enough and digitize enough money to keep ahead of the imploding derivatives and defaulting loans? Martin Weiss & Larry Edelson are expecting continued massive printing leading to asset inflation. Larry holds that the already trillions of dollars printed will be hitting the market soon.
So.... timing. And, is the implosion too much to contain?
singular_me
20th May 2012, 12:44 PM
Right I am/was Goldissima. LOL...
hello Spectrism, well just as Bernake said a few weeks ago.... "total destruction is closer than we think"
http://www.cnbc.com/id/41491193/Bernanke_to_Congress_We_re_Much_Closer_to_Total_De struction_Than_You_Think
Neuro
20th May 2012, 01:11 PM
hello there, yes I am back for a while....
speculation about the future is one of the problems that got us there, so the mentality has to change as everything happens in the "now".... additionally most of the gold/silver already are in "their" hands... honest money requires the abolition of all cartels and Usury Inc - or we'll get more of the same.
I do think most Gold is in their hands... Silver? Doubt it!
Horn
20th May 2012, 01:27 PM
hey, I am in NM, at 8,000ft.... left NYC in sept 2009 to learn about self-sustainability.... a true road trip :)
best
You speak as if it wasn't sustainable...?
Howdy Dood-et :)
singular_me
20th May 2012, 05:51 PM
You speak as if it wasn't sustainable...?
Howdy Dood-et :)
There were ups and downs and the nomadic life is stressful when one is raised within mainstream paradigms... the longest time we stayed on a farm was 8 months, the shortest 2 months. Being on same wavelength with farm owners is difficult, so there are compromises, either you make them or move on.... we hope to land a job, even small pay is OK, now that we have almost 3 year experience under the belt... but lets not hijack this thread. :)
will start a thread soon in appropriate forum... ciao for now
singular_me
20th May 2012, 06:00 PM
I do think most Gold is in their hands... Silver? Doubt it!
yeah I read many optimistic reports abut silver too but as manipulation is going wild I cannot say trust entirely what I read or Max Keiser.
I sold many of my silver coins when it was at $50/oz+ last spring.... I dont regret too much but since I bought at 8 dollars/oz.... oh well.
BrewTech
20th May 2012, 06:31 PM
I consider it an omen that Goldissima shows up at this time.
Don't know what it means, but I'm keeping my eyes open.
Libertytree
20th May 2012, 06:45 PM
There were ups and downs and the nomadic life is stressful when one is raised within mainstream paradigms... the longest time we stayed on a farm was 8 months, the shortest 2 months. Being on same wavelength with farm owners is difficult, so there are compromises, either you make them or move on.... we hope to land a job, even small pay is OK, now that we have almost 3 year experience under the belt... but lets not hijack this thread. :)
will start a thread soon in appropriate forum... ciao for now
I'll second that emotion! In ways it is enviable and is great in a lot of different aspects but it has its challenges and some of them suck, then again living in the mainstream (fulltime) does too.
Horn
20th May 2012, 07:26 PM
will start a thread soon in appropriate forum... ciao for now
Doubt I will be able to find it.
This is what I get when I click on your profile
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Load the page again by clicking the Refresh (http://gold-silver.us/forum/search.php?do=finduser&userid=3317&contenttype=vBForum_Post&showposts=1#) button in your web browser.
Open the gold-silver.us (http://gold-silver.us/) home page, then try to open another page.
Click the Back button to try another link.
The gold-silver.us forum technical staff have been notified of the error, though you may contact them (dbmaster@example.com) if the problem persists.
Talk about Omens...
Kali
21st May 2012, 12:18 AM
I live in one of the hardest hit areas as far as real estate goes and what I have seen in the past 2 years is a lack of inventory on the market.
I bought a couple investment homes (rentals) and have been looking to buy more but there simply isnt anything to buy and when there is the competition is fierce.
I know from data I have seen that there *should* be a ton of foreclosures on the market here but there isn't. The banks are more willing to do short sales which are a pain in the ass and increase the chance for competition.
Many new home buyers are popping up around here with the low interest and loan rates nowadays.
You can get into a home for only 3-5% down and pay less than what it costs to rent. This is an investors dream too.
My buddy just bought a rental home for 5K down...$700 a month mortgage and rent is $1,200 for that area...on a fixed loan.
I have been waiting on the sidelines to snatch up deals like this but their simply isnt any...and when there is you almost have to be a realtor yourself or know the listing agent (they are hooking each other up!).
So the RE market here is starting to boom again...at least in appearance.
How long will it take them to clear all the should be foreclosures is the question.
singular_me
26th May 2012, 09:03 AM
some of my replies have been deleted .... seems like the yesterday glitch was pretty severe
Horn
26th May 2012, 03:58 PM
some of my replies have been deleted .... seems like the yesterday glitch was pretty severe
yes, it was crash time. sent us back to the 21st.
from what I hear it is not complete yet, so we could also be returned to the origin.
Spectrism
26th May 2012, 05:37 PM
It is a shame. A couple days ago I posted three priceless things: 1) how to turn poverty into wealth in on day; 2) finding food and water anywhere and any time; 3) the matrix of world controllers- their weak spots and their plan schedule. These were the most valuable secrets one could hold and I posted them here for safe-keeping. Unfortunately, I forgot them and now they are gone forever.
singular_me
26th May 2012, 05:45 PM
yes, it was crash time. sent us back to the 21st.
from what I hear it is not complete yet, so we could also be returned to the origin.
thats ironic considering the title of the thread though...
Horn, when I look at the number of your posts, you havent wasted your time on here... GOOD as many need the insight you have.
Libertytree
26th May 2012, 05:46 PM
Something akin to a boating accident? I even printed it out but the dogs ate it, so it's surely not meant for mere mortals possession.
Spectrism
28th May 2012, 06:02 PM
An anecdotal report to check the sanity of the "crash" expectations. My company has done well for many years. We have a European office that has been growing. So far this year, their sales are almost zero. It is as if the European market was shut down.
Domestically, this is the worst I have ever seen this market. Companies are largely looking for short-term answers and don't care about anything more than 3 years away. This has caused a major shift in what they buy, how buildings are designed and the cutting of maintenance funds. Even more condemning is this: research grants are not being renewed as often as before. This has been the unwavering spigot for government funding. If they were worried about the election and the siezing up of the economy, they would be looking for many ways to pump money into the economy. It ain't happening. This tells me they next plan to crash the system.
Keep watching.
Horn
28th May 2012, 06:07 PM
An anecdotal report to check the sanity of the "crash" expectations. My company has done well for many years. We have a European office that has been growing. So far this year, their sales are almost zero. It is as if the European market was shut down.
Material supplier went under for a manuf. we have over there in Italia.
Called us & said they were investigating raising the price for going to a different supplier.
Reply: wait & let us know after your Euro plunges into the toilet.
Neuro
28th May 2012, 06:12 PM
It is a shame. A couple days ago I posted three priceless things: 1) how to turn poverty into wealth in on day; 2) finding food and water anywhere and any time; 3) the matrix of world controllers- their weak spots and their plan schedule. These were the most valuable secrets one could hold and I posted them here for safe-keeping. Unfortunately, I forgot them and now they are gone forever.
I would have thanked you for this for certain, but that is gone too! ;D
gunDriller
28th May 2012, 06:37 PM
An anecdotal report to check the sanity of the "crash" expectations. My company has done well for many years. We have a European office that has been growing. So far this year, their sales are almost zero. It is as if the European market was shut down.
Domestically, this is the worst I have ever seen this market. Companies are largely looking for short-term answers and don't care about anything more than 3 years away. This has caused a major shift in what they buy, how buildings are designed and the cutting of maintenance funds. Even more condemning is this: research grants are not being renewed as often as before. This has been the unwavering spigot for government funding. If they were worried about the election and the siezing up of the economy, they would be looking for many ways to pump money into the economy. It ain't happening. This tells me they next plan to crash the system.
Keep watching.
the only place where i see anything resembling economic vitality is Silicon Valley.
there's a lot of people who have made a lot of fiat over the years, and the belief in technology is like a religion.
so there's a lot of start-up funding going on.
there's also a lot of nepotism among Jews in Silicon Valley, e.g. Jew VC's financing Jew "entrepreneurs" - like Mark Zuckerberg & Facebook.
start-up companies that play along with the War of Terror earn extra brownie points.
Spectrism
3rd June 2012, 08:58 AM
I happened on this video again. It was published in Dec 2011. The trader's prediction was that there would be a crash within one year.
http://www.youtube.com/watch?v=pRHCYu4tafw&feature=related
They are pulling a "hold everything" moment. Check out this old cartoon- at 2:20.... these only work in cartoon world.... 6, 2 and even, over and out.
http://www.youtube.com/watch?v=Pi0FCZMIAnA
Awoke
4th June 2012, 09:32 AM
I wish. I have been waiting for a crash for so long, it's all the boy who cried wolf to me at this point.
I am sooooooooooo with you on that sentiment.
chad
4th June 2012, 09:33 AM
i'm going to ontario next week fishing, so hold it off for another 2 weeks please.
Awoke
4th June 2012, 09:35 AM
Same area as usual, Chad, or closer to the Toronto area this time?
chad
4th June 2012, 09:38 AM
nope, same area, upsala. i might be in toronto this fall though, will give you a shout if it happens.
Awoke
4th June 2012, 09:39 AM
Absolutely do that. It would be a pleasure to meet you.
chad
4th June 2012, 09:46 AM
will do!
Horn
4th June 2012, 12:36 PM
Merkel says 'nein'
PARIS, June 4 (UPI) -- It cannot be much fun being Angela Merkel (http://www.upi.com/topic/Angela_Merkel/) these days. Her peers among world leaders ganged up on the German chancellor at the Group of Eight summit in the United States last month and they ganged up on her at the last European summit and they did it again last week.
U.S. President Barrack Obama (http://www.upi.com/topic/Barack_Obama/), new French President Francois Hollande (http://www.upi.com/topic/Francois_Hollande/) and Italy's technocrat Prime Minister Mario Monti (http://www.upi.com/topic/Mario_Monti/) arranged a conference call with Merkel to persuade her to lift her veto on using Europe's available bailout funds to help rescue its banks.
The version reported in the Italian press stated the leaders tried three times in the course of the call. The first time was friendly and she answered "No," in English.
The second time they were still polite but pressed her and she replied "Nein," in German. The third time they spoke with more urgency and a certain amount of tension and once again it was "Nein."
Read more: http://www.upi.com/Top_News/Analysis/Walker/2012/06/04/Walkers-World-Merkel-says-nein/UPI-85411338806062/#ixzz1wqpQvoki
Spectrism
4th June 2012, 03:03 PM
Members of the Fed are fighting over whether to go to QE3. The fight is raging and the hold-outs don't think the economy is bad enough to pump money into it...... but if they do, the dollar will be devalued and costs will skyrocket.
Here is the catch... once the system crashes enough to scare them, then you buy up assets with all the federal reserve notes you can muster. Once they announce some new plan to "provide liquidity" or however else they word it, then the costs of things will cap the other end of the market. I think we will bounce around in that channel a couple times and the greatest depression will hit like a double barrel shotgun blast.
vacuum
5th June 2012, 12:54 AM
Stories like this scare me. You just know when everything is calm the unexpected happens.
Stock Market Selloff Missing One Key Element—Panic
One of the main reasons the stock market hasn't sold off more aggressively in the face of all the bad news is that it is missing one key ingredient — panic.
Getty Images
Despite the drop in major indexes to near-correction levels, the May and early-June selloff has been fairly ordinary, and that can be good news and bad news.An orderly selloff is a sign of a strong stock market (http://www.cnbc.com/id/47673530/) where investors are merely cashing in on profits and getting ready for the next buying wave.
But a sort of controlled chaos often can be healthy too, as it roots out all the market stragglers while setting the stage for a bottom and a hard charge back up the charts.
For now, the market seems to be stuck between chaos and complacency, and thus the slow bleed lower.
Some market strategists are hoping for a bit more.
"Sometimes at the end of intermediate- to long-term declines, you need at least a mini if not major capitulation to get rid of the last weak holders and allow for longer-term investors to acquire stocks at depressed levels," said Mark Arbeter, chief technical strategist at Standard & Poor's.
Arbeter had hoped that the 276-point Dow industrials drop after Friday's dismal jobs report (http://www.cnbc.com/id/47674714/) was "that final flush out." But judging by Monday's action, the selling is not over.
Stocks gradually dripped lower during the session as yet another wave of weak economic reports (http://www.cnbc.com/id/47674033/) came rolling in to dampen any hopes for at least a dead-cat-bounce rally.
So went another rough day for buy-side managers who hoped that the market would get all its European debt crisis fears and worries over U.S. economic growth out of its system.
"The correlation of stock performance (Friday) and during recent weakness has all the signs of throwing everything out of one’s portfolio, which, to us, is a sign of capitulation," Arbeter said.
"Recent weak days have seen declines among cyclical sectors highly correlated and the same has been true of the defensive sectors," added. "We have also seen former stock leaders get smashed during weak days, another sign of capitulative activity."
Yet other indicators paint a less clear picture of whether capitulation is in sight.
The American Association of Individual Investors (http://www.aaii.com/SentimentSurvey), which conducts an online poll to gauge market sentiment, has the bears firmly in control with a 42 to 28 percentage lead over the bulls.
But Investors Intelligence, which samples the mood of newsletter editors, has the bulls actually hitting a four-week high of 39.3 percent to just 24.5 percent on the bearish side.
TrimTabs, a market research firm that puts out a weekly data compendium that is widely followed in the market, says it is "cautiously bearish" because not all the signs are pointing to a huge market selloff.
The firm points to two contrarian indicators — cash flows to exchange-traded funds indicating bearishness — as signs that the market remains too cautious to indicate a major selloff is in the works.
Also, TrimTabs's proprietary Demand Index remains at "fully bullish" levels, while insider buying accelerated in May, another sign of optimism for the stock market.
Still, the firm advises investors to be careful that the trend can change quickly.
TrimTabs CEO Charles Biderman has been a frequent critic of global central bank intervention to prop up failing economies, and he says investors are tiring of the continuing bailout (http://www.cnbc.com/id/47672413/) headlines.
"When a system is based on confidence and the people running the system are constantly lying or delusional, systemic failure becomes more likely," Biderman said.
Mouse
5th June 2012, 10:37 PM
Also, TrimTabs's proprietary Demand Index remains at "fully bullish" levels, while insider buying accelerated in May, another sign of optimism for the stock market. Still, the firm advises investors to be careful that the trend can change quickly.
TrimTabs CEO J. Peterman has been a frequent critic of global central bank intervention to prop up failing economies, and he says investors are tiring of the continuing bailout (http://www.cnbc.com/id/47672413/) headlines.
"I read this very endearing article. I believe it was a site called ZeroHedge. Are you familiar with that site, Elaine? Well, I have almost finished reading it, but it states that 'when a system is based on confidence and the people running the system are constantly lying or delusional, systemic failure becomes more likely', Peterman said. "Elaine, do you think that TrimTabs or the J. Peterman companies are merely based on confidence?"
ELAINE: "Why, no sir, Mr. Biderman, er...Peterman. I have no confidence in this company whatsoever!"
PETERMAN: "That's good Elaine, because I don't want this company to have any kind of systemic failure risk. It would remind me of that one trip to Barcelona, in 2012. The running of the Euro Fail. First, it was systemic bailout version 3, but the Germans wouldn't budge, Elaine. Then, in the distance, I heard the bulls. I began running as fast as I could. Fortunately, I was wearing my Italian cap toe oxfords. Sophisticated yet different; nothing to make a huge fuss about. Rich dark brown calfskin leather. Matching leather vent. Men's whole and half sizes 7 through 13. Price: $135.00".
asdf
osoab
6th June 2012, 06:09 AM
Very nice mouse.
gunDriller
6th June 2012, 06:37 AM
part of the trick is knowing how much to keep in cash, how much in PM's, and how much in other metals.
of course after buying opportunities like the recent one, some may not have much cash left. :)
one other option is to maintain sterling credit, and to use credit to buy PM's during a crash. you pay 3% more, and it's important to account for any interest accrued when you figuring out your total-cost-per-ounce-delivered.
i wonder how slow the US economy will get before there is an official QE3. or if they will just keep playing the MSM, changing their unemployment counting techniques, and sending out the PPT to prop up the stock market.
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