What an incredible economy!

[EE_]

The economy is on fire! I've never seen it better!
US Stock market is on fire (Dow 16,000) making new billionaires everyday. Global markets on fire too...look at Japan!
There's so much money pouring into bitcoin making millionaires everyday.
No homes to buy, prices climbing past post bubble highs.
Zero interest rates. Gasoline is cheap again.
Money is abundant everywhere, money to burn...people can't get rid of it quick enough.
Truely awesome and incredible times!

The only things I don't understand:

Why does Wall Street, Fox News, and the government keep talking like we need more jobs. What in the fuck for? Won't more jobs over-heat an economy that is already totally on fire?

Why does Wall Street whine about wanting more small investers in the market? The Dow has gone up almost 10,000 points in the last 4 years...what do they need more investers for? Do they want the Dow to go to 100,000?

Why is anyone complaining about Obamacare when everyone has so much money to pay for it? Pay your share and we can all enjoy prosperity!

Why hasn't the Fed stopped quantitive easing all-together? Do they want everyone to be millionaires and billionaires?

Why do people bad mouth Obama, when he's behind such a remarkable recovery where everyone will be rich and have healthcare. Hooray Obama, we love you! Thanks for the good times. He'll probably go down in history as one of the greatest!

People! Stop whining and just enjoy this remarkable economy.

[Ponce]

Sure, and 1.3 million unemployed people are loosing the checks this year...and this other big company are letting 385 workers go.

V

[EE_]

Sure, and 1.3 million unemployed people are loosing the checks this year...and this other big company are letting 385 workers go.

V

Yeah, but America is rich and there's free money waiting for those people. And cheap healthcare too! If they're smart they will borrow money at 0% and put it in the stock market and bitcoin. They won't have to work again.

[Hatha Sunahara]

It sounds to me like it's time to start doing some research on stocks to sell short so you can make a whole lot of money when it all crashes. A crash is inevitable--probably planned by TPTB--the only unknown is when? It's a risky business selling short, but it could be extremely profitable. I think the best way to deal with this opportunity is to watch the 'insider trading' news. When the elite start selling their stocks, it's time to join them by selling short. The more disorderly things get, the closer the strike point is. Increasing levels of QE will result in increasing stock prices up to a point. That point is when the machinations of TPTB become obvious to a whole lot of people who realize all at once that all the markets are a farce and unsustainable at the levels they have risen to--and then boom--everybody sells at once. (Everybody might be fewer than 1000 people who own the largest part of everything--these are TPTB) The insiders. Watch them closely, do what they do, and you can become one of them. (Hah!--another worthless myth)


Hatha

[Ares]

It sounds to me like it's time to start doing some research on stocks to sell short so you can make a whole lot of money when it all crashes. A crash is inevitable--probably planned by TPTB--the only unknown is when? It's a risky business selling short, but it could be extremely profitable. I think the best way to deal with this opportunity is to watch the 'insider trading' news. When the elite start selling their stocks, it's time to join them by selling short. The more disorderly things get, the closer the strike point is. Increasing levels of QE will result in increasing stock prices up to a point. That point is when the machinations of TPTB become obvious to a whole lot of people who realize all at once that all the markets are a farce and unsustainable at the levels they have risen to--and then boom--everybody sells at once. (Everybody might be fewer than 1000 people who own the largest part of everything--these are TPTB) The insiders. Watch them closely, do what they do, and you can become one of them. (Hah!--another worthless myth)


Hatha

I think we're close. You have high level people exiting the dollar. Check out this interview: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/11/15_Chilling_Warning_Coming_From_China_&_The_Elites.html

[gunDriller]

"As KWN also reported, this is not just a case of ‘fat cats’ wanting to brag to everyone about their latest acquisitions. These are people who are greatly concerned about the massive printing of fiat money, and they are looking to preserve their wealth.


People should understand that this is a warning of things to come. The super-wealthy aren’t buying these hard assets because they are going to go down in price. These people are connected and they know what the end game is going to be, and so they are moving extremely aggressively to preserve their wealth and their purchasing power from the coming Great Inflation.”


Barron added: “Gold has simply been marking time in a trading range, but it will break out as soon as it gets a catalyst. You can’t have the super-wealthy bidding up the price of hard assets into the stratosphere and have the price of gold staying depressed. It just goes against all logic. At some point the gold bears will be overrun and the next leg higher in this bull market will begin in earnest.”

[Hatha Sunahara]

Thax 4 the link Ares. Sure looks like paper assets are all going to turn into dust. Maybe its not time to sell short. Maybe its time to buy hard assets. Gold, Silver, diamonds, farmland.


Hatha

[Ponce]

By the way, that was 385,000 and no 385............and that was only 10% of their labor force......... Douglas?

V

[Spectrism]

Stocks could go to the moon.

Sure... they could crash too, but not until the bonds crash first. Think about this for a moment. There are truckloads of money out there. Tons in the banks and more tons in foreign hands. When things get scary, they put their money in what they trust. PMs are a somewhat trustworthy holding place in the view of the millions... but not a place for growth. Stocks- and in particular, the Amerikan stock market, will be a safer haven since the plunge protection team will not let it fail. Fat fingers aside, all think the stocks are protected.

When the interest rates go up, trillions of dollars will run from bonds and jump into stocks. That is already happening. More to go.

There are a couple things that could totally deflate the stock market. A national disaster... take your pick:
hail storm from the sky of 180 pound flaming rocks
tsunami on either coast
Yellowstone caldera eruption
major EQ
world war / EMP attack
deadly pandemic
poisoning of one-third of the world's water supply
crop failures leading to mass starvation

Yes, we are enjoying unwarranted prosperity. It is all fake and supported by hollow joists mount on loose blocks atop sand. When the rains start, there will be a race to see what fails first. Hmmm... is that storm clouds on the horizon?

[VX1]

It is all bizarre and frustrating to say the least... but one thing I remember: I had a big chunk of change in a 401(k) in the mid-2000s, and by 2006-2007, when I was well on my way to being politically aware, I moved all of it to some safe guaranteed-type fund, because I knew enough to know the bubble was going to crash. I sat for about a year and a half watching everyone else around me getting giddy and paper rich, til finally in mid-2008, I broke down and second-guessed my view of reality and moved it all over to high risk stocks to join the party. Well, you know what happened. That allows me to sit comfortably, knowing I don't want anything to do with this party. The tide will turn.

[EE_]

I kind of surprised warning bells aren't going off all over the place right now. People seeing this should be panicing already and heading for the doors. Especially since the lesson we just got on 2008.


http://www.youtube.com/watch?v=ovTtQ0sFTcg

[govcheetos]

It is all bizarre and frustrating to say the least... but one thing I remember: I had a big chunk of change in a 401(k) in the mid-2000s, and by 2006-2007, when I was well on my way to being politically aware, I moved all of it to some safe guaranteed-type fund, because I knew enough to know the bubble was going to crash. I sat for about a year and a half watching everyone else around me getting giddy and paper rich, til finally in mid-2008, I broke down and second-guessed my view of reality and moved it all over to high risk stocks to join the party. Well, you know what happened. That allows me to sit comfortably, knowing I don't want anything to do with this party. The tide will turn.

You have to trust in yourself and what you believe to be true. Several years ago I was talking to a personal mentor and was going back and forth about different avenues to take during a pretty hectic time in my life. I made some comment about not being up for the task and he grabbed me by my collar and an forcefully said to me, "NEVER EVER EVER DOUBT YOURSELF!" Thats stuck with me for years now and I revert back to what I know or learn more about the topic before making my move. Has worked pretty well. Got totally out of stocks in late 2007 and early 2008 with people shaking their heads at me. I felt pretty good about things later that year. You have to have faith in what you are supporting with your assets too. Tangibles have never looked so good.

[mamboni]

Biederman explains how the GDP and BLS jobs reports are totally bogus, prone to error and ripe for manipulation. I'll bet not 1 in 100 economic new reporters know what is explained herein:


http://www.youtube.com/watch?feature=player_embedded&v=y9JnUXmUzyc

[Cebu_4_2]

I lost 80K, now I use sticks and stuff to heat me up.

[old steel]

Thax 4 the link Ares. Sure looks like paper assets are all going to turn into dust. Maybe its not time to sell short. Maybe its time to buy hard assets. Gold, Silver, diamonds, farmland.


Hatha

Can't buy land here Hutteries have bid it up to the moon, seriously.

[Sparky]

There are too many people anticipating a crash for the crash to happen right now. Seriously, that's how it works. Right now, crash warnings are generally accepted as well-reasoned arguments. Need to get to the point where anyone suggesting a crash sounds like fool.

[EE_]

There are too many people anticipating a crash for the crash to happen right now. Seriously, that's how it works. Right now, crash warnings are generally accepted as well-reasoned arguments. Need to get to the point where anyone suggesting a crash sounds like fool.

We probably have 20 years yet.
Plus, the population isn't broken down enough.

[Twisted Titan]

It sounds to me like it's time to start doing some research on stocks to sell short so you can make a whole lot of money when it all crashes. A crash is inevitable--probably planned by TPTB--the only unknown is when? It's a risky business selling short, but it could be extremely profitable. I think the best way to deal with this opportunity is to watch the 'insider trading' news. When the elite start selling their stocks, it's time to join them by selling short. The more disorderly things get, the closer the strike point is. Increasing levels of QE will result in increasing stock prices up to a point. That point is when the machinations of TPTB become obvious to a whole lot of people who realize all at once that all the markets are a farce and unsustainable at the levels they have risen to--and then boom--everybody sells at once. (Everybody might be fewer than 1000 people who own the largest part of everything--these are TPTB) The insiders. Watch them closely, do what they do, and you can become one of them. (Hah!--another worthless myth)


Hatha





Though logical hatha it is highly improbible.

When the rug gets pulled out and the bloodbath begins YOU wont be able to close out your positions if for no other reason then due to extreme market volitlity then you have to wait several days AFTER for trade to be honored.

Does everybody remembered when they opened the markets on a Sunday not once but twice so big fish could readjust their portfolios so they would not be on the wrong side of the market come monday.

Could you do that?

The best move is not to participate....for many it will look like this.



https://www.youtube.com/watch?v=vIMwMsY0ndo&feature=youtube_gdata_player

[EE_]

Though logical hatha it is highly improbible.

When the rug gets pulled out and the bloodbath begins YOU wont be able to close out your positions if for no other reason then due to extreme market volitlity then you have to wait several days AFTER for trade to be honored.

Does everybody remembered when they opened the markets on a Sunday not once but twice so big fish could readjust their portfolios so they would not be on the wrong side of the market come monday.

Could you do that?

The best move is not to participate....for many it will look like this.



https://www.youtube.com/watch?v=vIMwMsY0ndo&feature=youtube_gdata_player

Good for the motherfucker! Maybe he should get a real job...probably has no real skills though.

I tell ya, it blows my mind how people can have it all, lose it all and have no cushion to fall back on.
I know two people now that lost it all, a family member and last night I was informed a good friend of mine son-in-law and daughter just got buried. This guy has been living the high life for the past 15 years. Mega home, going through $100,000 cars like nothing.
His business went tits up and now the cars and home have to go. He was worth a few million at one time.

Same story with the family member, lived all over the world, mega homes, 100 grand cars. Today he's broke and he and his wife are scrambling for their lives to make ends meet. This guy was a millionaire several times over.

It never ceases to amaze me how the narcissist/egomaniacs never think to put a few hundred G's away for a rainy day.
Rainy days always come.

Both are getting older 50's and 59...I can't think of a worse time to try and get it back.

For many years I got to hear about all the money, their wonderful lives and all the wonderful things they had.
The phrase "getting their just deserves" applies here.

[Spectrism]

This is how the crash will unfold. It is a forest fire. It spreads to brush and trees along the ground and when it gets whipped up enough, the wind becomes self-generating. That wind will carry hot embers to distant places that have not yet felt the heat of the flames. Oh yes, there is smoke all around for anyone with a nose to smell it. But the common shlub has the foresight of a rhinoceros and the smell sense of a maggot.

Companies will not be able to cut anymore. Their profits will drop into losses. Share prices for public companies speak to the funding of that company. Share prices are up and will rise as greed drives commoners into this market. Fear drives bigger players out of bonds and into stocks since the bond market bubble is collapsing. So we end up with super hollow stocks whose underlying companies find diminishing product sales with losses driving them to shut their doors, even while the share price is high!

When the horrible news hits the street for that company, the fires have reached that tree. Its burning causes close by trees and brush to also catch fire with growing heat. Suppliers and support companies feel the loss and the heat of the fire. And when the fire is large enough and across enough industries, absolute panic sets in. But by then it is too late. Just as a wildfire can sweep across a forest like lightning, the modern high speed trading mechanisms will trip in milliseconds.

Enter (again) the Plunge Protection Team. They will shut down the market "because of extreme volume" as if the computers can't handle the volume. In reality, they are seeking a peaceful death for the suckers still caught in the greed-fear-panic cycle. They may be able to stall the drop in stock price, but they cannot keep the zombie company alive when they shut their losing doors. We will see stocks on the exchange while companies have been abandoned. And the controllers will work to lock the animals in the barn as it burns down.

And all of this is just the man-made calamity. More fun stuff will be added to this mess and the complication will make it hard to reckon. Imagine this. You are a nine-month pregnant woman whose other 3 children are starving. You need to walk 10 miles to get food for your children and there is no help from anyone. In fact, you are shunned and scorned in your journey. As you get started, you begin to feel birthing pangs. Your 10 mile journey to the food supply will be an interesting trip. You cannot become less pregnant. You cannot change what you are. You will have to endure the hardship trying to do the best you can. It is too late to think about what you should have done. No value there. You walk and feel the frequency & intensity growing within.

You can't help but wander in your mind to days when you heard someone talk about a wonderful new world order and a thousand points of light. And you remember another "clean" speaker promising hope and change. And for years you heard people saying things are getting better. Another sharp pain brings you back to reality where you see your steps along the dusty road are getting shorter and your legs are barely able to support you in your malnourished state. Destiny lies just ahead so you push on.

[EE_]

Well, there you have it. The economy has improved so much, companies can't find enough workers to fill the jobs.
They have a fix for that though!


http://www.youtube.com/watch?v=PeLbMA8x-t4&feature=player_detailpage#t=59

[Twisted Titan]

The Hopium ole Donny boy is smoking could put dope pushers and crack dealers outta work in days.

[gunDriller]

The Hopium ole Donny boy is smoking could put dope pushers and crack dealers outta work in days.

i'm afraid Jim Puplava is smoking that Hopium.

i just listened to his webcast. they're talking the end of inflation & stock markets marching to new highs.

i wonder if he is paid to 'help shape opinions' about the economy as part of an SAIC "research project".