I know I do, most of my family does, and so do a lot of my friends. Shut it down, throw away the key and never reopen.Quote:
Originally Posted by madfranks
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I know I do, most of my family does, and so do a lot of my friends. Shut it down, throw away the key and never reopen.Quote:
Originally Posted by madfranks
I thought this morning's move down might show some signs of panic (leading to a more meaningful plunge), but so far the volume is not very unusual.
It looks like this is what's going on: Market participants have been trained that each one of these fearful events is followed by a major surge in the market as soon as a short term resolution emerges. As such, there seem to be sufficient buyers stepping in at every weakness to prevent a meaningful plunge.
I've learned over the years that as soon as a trend in behavior like this becomes recognizable, it reverses. This is likely due to the big fund managers exploiting the sentiment of the retail players. So the contrarian outcome this time around would be that a resolution be met with huge selling by the fund managers during the next would-be post-resolution surge.
This would be consistent with my anticipation of our upcoming "Winter of Discontent". Expect most of the market pain to occur AFTER the budget and debt ceiling issues are resolved, i.e. from late October through March time frame. Normally, this is the market's strongest period.
I don't know if you can predict anything in this market.
Normal traders aren't the only ones that can read charts.
Banker and government manipulators can push the market it one direction to change the "trend" then the software of programed traders and HFT trading accentuate the move.
This is why the PM's can't gain any traction. Any time the charts start to trend upwards the bankers break the trend.
When you think about it the fundamentals for PM's have never been better. China and Russia are buying huge quantities of gold. Hong Kong imported the equivalent of 80% of the yearly supply in the last year. Germany wanted it's gold back and was told it would have to wait 7 years. Several bullion banks have defaulted in the last few months. Panama is having a bank holiday. COMEX inventories are extremely low. The US government is shutdown because they can't agree on a budget and future spending and the debt ceiling needs to be raised in the next week or so.
Despite all this PM's are languishing in mediocrity. It is because everyone is trading on technical analysis and that makes it easier for the bankers to manipulate the price of anything they want. The whole game is rigged.
Of course it will all break down at some point but when?
Who knows if volume is not spread out over weeks by Leo Wanta also?Quote:
Originally Posted by Sparky
It takes capital to manipulate the trend. The banks were nearly out of capital, but it was restored with QE1, QE2, QE3. Yes, you can do this for a while, and so markets are unpredictable from the short to medium term (weeks, months, a year or two). But all those fundamentals have to play out in the long run. When is that? One hint is your mention of Germany, who seemed willing to wait 7 years to get their gold back. There's some tipping point between now and then that the rats will all start jumping ship in anticipation.Quote:
Originally Posted by Son-of-Liberty
I am in agreement.Quote:
Originally Posted by Sparky
Of course it will all break down at some point but when? ... not till they want it to break down not a second before they have suck all they can out of everything in this country
Sparky, you ought to start your own blog like the Silver Bullet bandit did.
You could probably sell a million copies with your Confidence Regularly Manipulative Market Greenshoots Breeders Report. lol! :)
I don't think Germany wants to wait 7 years to get 20% of their gold held abroad back. They hope for the best, which is within 7 years they at least will get a portion of that back. Their leaders understand it is a Pandora's box! That is why they don't press the issue...Quote:
Originally Posted by Sparky
Still not much volume on today's drop. No market panic yet.
there will be no panic as long as they control what people see ...Quote:
Originally Posted by Sparky
Do we need Dow 15,000 hats now?
http://finviz.com/fut_chart.ashx?t=Y...01,124603&p=h1
HeHe.
Bloodbath!
Turned on CNBC and this is what I saw...
It's a pleasant change from the last 5 years of gloating and ha ha'ing the goyim
http://www.dailystormer.com/wp-conte...ver-forget.jpg
https://img.4plebs.org/boards/pol/im...5790068603.png
GreyBlack Wednesday
Dow Jones Industrial Average (^DJI)
-DJI Watchlist
15,929.17 http://l.yimg.com/a/i/us/fi/03rd/down_r.gif 386.02(2.37%) 1:56PM EDT
15,901.01 -414.18(-2.54%) - 2:01PM EDT
15,891.70 -423.49(-2.60%) - 2:02pm EDT
15,893.56 -421.63(-2.58%) -2:03PM EDT
CALLING THE PLUNGE PROTECTION TEAM
http://gold-silver.us/forum/attachme...tid=6877&stc=1
15,902.68 -412.51(-2.53%) - 2:05PM EDT
15,887.33 -427.86(-2.62%) - 2:07PM EDT
15,909.49 -405.70(-2.49%) - 2:09PM EDT
15,926.41 -388.78(-2.38%) - 2:10PM EDT
http://gold-silver.us/forum/attachme...tid=6878&stc=1
15,932.86 -382.33(-2.34%) - 2:12PM EDT
http://gold-silver.us/forum/attachme...tid=6879&stc=1
15,950.33 -364.86(-2.24%) - 2:15PM EDT
Anyone, including the DOW
http://www.davesstrawhatinn.com/uplo...and%20Save.jpg
As long as the printing presses are working everything will be just fine.....
V
Amazing it's been more than a year since this thread was posted on before your post. It's been missed, I realize now!Quote:
Originally Posted by osoab
I don't miss charts like that, I threw away the key.
“There is no way on Earth that the S&P is going to stay near 2,000 without the Fed printing money -- there’s no way. They tried to exit from QE1 and QE2 and it failed and the market tanked. Does anybody really think
that they can print $1.5 trillion over the space of a year and a half, and then stop and not have the
markets go down? That’s the only reason the stock market went up.”
http://kingworldnews.com/kingworldne...ccelerate.html
its just a few rich dickheads buying a new home under ground
Might be time to dust off this old thread. DEFLATION is the ever-present monster eating up the cookie crumb trail of excessive government pumping of the money system. Its time will soon be here. When companies are going out of business, the plunge protection team have to stop pumping their stocks. Can you imagine a bankrupt company with a million shares of $50 stock? Let's see if this happens.
Greg Hunter interviews Harry Dent. Excellent discussion. He is presenting the deflation argument and looking for many bubbles to pop.
https://www.youtube.com/watch?v=q9gnBe37k34
Thanks
What a joke... people still believe this reflects the real health of the the stock market.Quote:
Originally Posted by mick silver
Stock market is a joke. 20 years ago with 50K and a smart head you could retire (and still play) for another 20 years. After this you could be rich beyond dreams unless blatantly stoopid. I got stuck in the 2009 shit.Quote:
Originally Posted by BrewTech
Actually, I don't think people really even believe that any more. With alternating swings of 200-400 points per day, I think even the Average Joe is now suspicious.Quote:
Originally Posted by BrewTech
As I understand it, the federal reserve now has its own trading desk.... to buy stocks with its unlimited fake money! I guess the plunge protection team doesn't need shill shells like Goldman Sux anymore.
They can pump up values of stocks.... until the companies fold and instantly become zero.
Stock Shock Surge – Is It Real?
By Staff News & Analysis - December 19, 2014
US stocks leap after Fed signals patience on rates ... U.S. stocks surged on Thursday, extending Wall Street's best day of the year, after the Federal Reserve said it would be patient in increasing interest rates. Equities came off session highs, however, as oil turned lower. – CNBC
Dominant Social Theme: Things are looking really good for the dollar and US stocks. Who expected this, eh?
Free-Market Analysis: The Fed has signaled that it has moved to a slightly tougher position regarding eventual rate hikes and the reverberations are felt around the world. The dollar has benefited so far and so have US stocks.
But are the reasons being offered in the mainstream media actually the correct ones? Reading through the analysis it becomes clear that the interpretations being offered are just that.
Articles begin with what's taking place and then offer justifications for it. The whole process seems a kind of "directed history." In the US it has resulted in a higher dollar and two days of upward movements in US marts. In this case, the argument is that investors believe that the Fed's stance indicates confidence in an expanding US economy.
Here's more:
Thursday data had jobless claims falling by 6,000 to 289,000 last week, the lowest since early November. And, the Conference Board's index of leading indicators advanced in November for a third consecutive month, signalling the U.S. economy is picking up steam heading into the new year.
After a 268-point jump, the Dow Jones Industrial Average was lately up 228.69 points, or 1.3 percent, at 17,585.56, with Microsoft leading blue-chip gains that included 29 of 30 components.
... For every share falling, more than three rose on the New York Stock Exchange, were 264 million shares traded as of 11 a.m. Eastern. Composite volume neared 1.4 billion.
The U.S. dollar gained against the currencies of major U.S. trading partners and the yield on the 10-year note used to figure mortgage rates and other consumer loans gained 7 basis points to 2.2104 percent.
... U.S. stocks surged on Wednesday, with the Dow marking its best session of the year, as investors celebrated a rally in the energy sector and the Federal Reserve's pledge to be patient in raising interest rates.
In fact, on Thursday the Dow would eventually go on to realize a gain of 420 points, a high-water mark for the year. The S&P 500 rose 2.4% while the Nasdaq added 2.2%. The key to explaining recent market rallies is that the Fed is now pledging "patience" in raising rates. But other news commentary offers differing interpretations of what the Fed has indicated.
Reuters recently posted an alternative explanation in, "Dollar edges higher in wake of Fed statement, Swiss rate move."
The U.S. dollar rose against major currencies for a second straight session on Thursday in the wake of the Federal Reserve's signals that it could hike rates soon and looser monetary policy overseas.
... The contrast between approaching tighter monetary policy in the U.S. and looser policies in Europe, Japan, and Switzerland "could not be starker" and continued to push the dollar higher, said Shaun Osborne, chief currency strategist at TD Securities in Toronto.
Rate increases are expected to boost the greenback by driving investment flows into the United States. The Fed's upbeat assessment of the U.S. economy also helped the dollar extend gains against the safe-haven yen.
We can see clearly that this Reuters article does not support CNBC's conclusion that the US stock surge was the result of a Fed pledge "to be patient in raising interest rates."
For Reuters, the stock surge was the result of an interpretation that potentially higher rates constituted an endorsement of a growing US economy.
The UK Telegraph seems to support this view as well, posting an article entitled, "Fed calls time on $5.7 trillion of emerging market dollar debt."
The thrust of this article, like the Reuters article, is that the Fed´s position indicates the potential for higher rates – and this is going to benefit the US at the expense of overseas assets.
Here's an excerpt:
World finance is rotating on its axis. The stronger the US boom, the worse it will be for those countries on the wrong side of the dollar ... The US Federal Reserve has pulled the trigger. Emerging markets must now brace for their ordeal by fire.
They have collectively borrowed $5.7 trillion in US dollars, a currency they cannot print and do not control. This hard-currency debt has tripled in a decade, split between $3.1 trillion in bank loans and $2.6 trillion in bonds. It is comparable in scale and ratio-terms to any of the biggest cross-border lending sprees of the past two centuries.
Much of the debt was taken out at real interest rates of 1pc on the implicit assumption that the Fed would continue to flood the world with liquidity for years to come. The borrowers are "short dollars", in trading parlance. They now face the margin call from Hell as the global monetary hegemon pivots.
The Fed dashed all lingering hopes for leniency on Wednesday. The pledge to keep uber-stimulus for a "considerable time" has gone, and so has the market's security blanket, or the Fed Put as it is called. Such tweaks of language have multiplied potency in a world of zero rates.
Officials from the Bank for International Settlements say privately that developing countries may be just as vulnerable to a dollar shock as they were in the Fed tightening cycle of the late 1990s, which culminated in Russia's default and the East Asia Crisis.
We can see this article is considerably grimmer about the world's economy, though upbeat about how the US and its equities and currency are positioned.
For us, the alarmism is perhaps overdone. Recall, please, that the Fed has not done anything yet. Not a single thing.
And in its conclusion, the article backs off the alarmism just a little. "In the end, the Fed may not be able to raise rates, or at least not by much... Both of the G2 monetary superpowers may have to pull the stimulus lever yet again. First markets must endure a rare few months of chilly discipline."
This is a more sensible perspective. We're at a point now where the market is high enough for additional volatility to occur – perhaps regularly. Marts are beginning to make higher highs, not just to recover previous highs.
But let's take a step back and survey the economic and investment scene from a wider perspective. From our point of view, anyway, these markets are not in the least bit sensible, nor are reactions to the kinds of non-statements that the Fed is issuing.
Remember, please, that the data the Fed is studying is probably "cooked." It's government data with an optimistic bias that minimizes price inflation and boosts employment. We're asked to believe that the Fed can come to proper conclusions using such questionable date points.
So to summarize, the Fed issues a statement that indicates it MIGHT at some point do something to hike rates in the future – and it generates this conclusion via inaccurate government data. Nonetheless, torrents of newsprint treat proffered conclusions as a series of commandments from on high.
Our term is "directed history." Conclusions proffered are ones that the Western elites broadcast to justify what's taking place. Really, one ought to look at underlying trends, not at "reasons" provided by the mainstream media.
We return to our VESTS system. Our analysis seeks to determine what the leaders of the Western central banking community are trying to do – and then seeks to figure out whether these plans can be implemented.
We've already determined the meme at play – the Wall Street Party – and thus we believe marts may be going higher, certainly US markets. The top men have shifted around regulations and dropped interest rates to nearly zero.
What ought to be the conclusion to all of this? In the shorter term, for however long that happens to be, stocks will retain some zip. In the longer term, we foresee a terrible asset deflation on the heels of the current inflation.
The trick is getting from here to there. And pulling profits in the process. Try to determine underlying motivations and keep in mind these are manipulated markets in terms of many key parameters. Even central banking itself is a manipulation.
So ... try to figure out what the monetary manipulators have in mind. And then determine as best you can whether or not their policies will "stick."
This is probably a better way of evaluating markets than using the oracular non-statements offered to the general public by central bankers as "analyzed" by the mainstream media.
Conclusion
Trust in your own analyses. And maybe pay attention to VESTS.
- See more at: http://www.thedailybell.com/news-ana....WHfpPywM.dpuf
Down by almost 500 points and combined with losses in the last few days can = Something nasty.
{0}
Time to put your shorts on!
Possible black monday coming up as there won't be any buyers.
Hmm, nope we're a little early for this. Give it two more weeks and we'll see what's cooking.Quote:
Originally Posted by EE_
Bill Holter: We Are Witnessing a Credit Collapse: Monday Could Be a DISASTER!
Posted on August 21, 2015 by The Doc
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http://www.silverdoctors.com/wp-cont...se-300x205.jpgThe credit BUST is here! Markets all over the world are crashing and the U.S. is now losing control. After breaking down yesterday, today looks to be another bad day. If the PPT cannot get any traction today, Monday could be a disaster.
The failure will be spectacular.
In as few words as possible, we are witnessing a credit collapse.
Submitted by Bill Holter, JSMineset:
Here we are six years after the “Great Financial Crisis”. Since then, every acronym in the book has been thrown at the economy and financial markets but to what end? The economy has gone nowhere over these six years, “recovery” has been the meme …but never “expansion”. Hasn’t anyone wondered about this? In the good old days we used to hear the word “expansion” for two or three years before the natural recession would roll through. This time we’ve heard nothing but recovery …year after year. “Hope” (which is the vestige of fools), year after year.
I wrote in 2008, “this is a crisis of ‘solvency’, more liquidity cannot turn bad loans into good ones”. Now, six years later it turns out this thought process was 100% correct. Other than financial assets being “saved”, all of the QE, all of the additional debt taken on by various sovereign treasuries has done nothing to the real economy of Main St.. The plan was to inflate asset values and this would spill onto Main St.. Even mainstream media when interviewing the talking heads of Wall St. and the liars out of Washington are questioning this. Heck, Peter Fisher (past chief of the plunge protection team Martin) this morning brought this up on his own. He said the policy of inflating assets has not worked and cannot work. The five plus year experiment has failed. One does not have to look far or even “into” the bogus reporting of unemployment to see what is happening. All you need to do is look at oil and Dr. copper. They are both crashing and now threating to break trend lines going back to the 1980’s.
In as few words as possible, we are witnessing a credit collapse. These two commodities (along with many others) are crashing NOT because currencies are so well foundationed or strong and “going up”. No, we are watching them crash because of shrinking demand. This is also confirmed by trade numbers (or lack of). We also see freight rates imploding all over the world due to the same lack of demand and trade. This should tell you something in very loud and very clear terms, the “reflation” efforts have failed miserably!
You don’t need to take my word, your own gut feel or even your very own eyes to know this. “They” have admitted it and we now even see stories going mainstream with titles such as “is the Fed out of bullets? and Fed loses its grip on debt” http://www.bloomberg.com/news/articl...s-grip-on-debt. Just this week we have seen Alan Greenspan warn the “credit markets are in a bubble” http://www.marketwatch.com/story/gre...ble-2015-08-19 . If that were not enough, the St. Louis Fed http://www.zerohedge.com/news/2015-0...qe-was-mistake admits QE was a mistake and did nothing to help the economy.
In the case of Mr. Greenspan, he is simply trying to get on the record far enough to hopefully make historians forget he was the one driving the bus on the road to perdition. He is now on the record gold “is money” and a safe haven versus his precious product the dollar. Has he had some sort of come to Jesus moment? I believe no, not even possible as he’s known all along how money works and where he was driving the bus. His days with Ayn Rand were filled with quotes and writings which sounded much like today’s tin foil hat society! He knew then, he knows now and will know until his last breath, the end of the credit road is in sight. His own “legacy” and nothing else is his concern.
The St. Louis Fed is known as the “teaching” district. Their recent admission QE was a mistake is a little different than Alan Greenspan trying to get on the record. I’m not really sure what their motive is for telling the truth? It certainly does not aid their cause because they are admitting failure.
We stand on the cusp of a credit meltdown. Never mind the stock markets or the commodity markets, they are simply “symptoms” of a credit bubble going bust. The talk of “will the Fed tighten” in Sept. (or EVER again) is hilarious! The Fed will be forced to implement another round of QE no matter what the acronym or name. More QE will do what more QE has already done, simply pile more debt on top of already TOO MUCH DEBT! There are no possible fixes left, the CREDIT CRISIS has arrived. No way to reflate and no way to actually “pay” (settle) on the debt. Central banks all over the world are now beginning to act in their own best interests, it’s like the sharks are eating the sharks.
The credit BUST is here! Markets all over the world are crashing and the U.S. is now losing control. After breaking down yesterday, today looks to be another bad day. If the PPT cannot get any traction today, Monday could be a disaster. I even question whether markets remain open at some point because closure will be the ONLY way to stop the selling which will be forced (by margin calls) in nearly all markets. This is not fear mongering, it is now math. We live in a make believe world created by the illusion that “credit” is a strong foundation, it cannot be. Bad credits cannot be made good by those with too much debt. This is exactly what has been attempted by the largest debtor on the planet. The failure will be spectacular. All money today is nothing more than credit … credit IS the problem!
It is imperative you understand how this will go down. You must have exactly what you think you’ll need and what you want to own going into this. You will have no opportunity to change horses when the markets close. Bluntly, it’s not the closure of markets that will kill you …it will be the reopening!
Standing watch,
Bill Holter
Holter-Sinclair collaboration
Comments welcome! bholter@hotmail.com
http://www.silverdoctors.com/bill-ho...be-a-disaster/
Considering these three top headlines on Marketwatch... You can be sure for a rally upwards Monday:
Dow 5,000? Yes, it could happen, says Brett Arends
http://s.wsj.net/public/resources/MW...0821151649.jpg
Dow enters correction
Last Great Bubble may be popping: Gayed
The News Unit did a long-winded technical analysis on whats going on yesterday:
https://www.youtube.com/watch?v=kLQ-Jf2Kku4
they have the entire weekend to stop the bleeding. I want to see how the Shanghai market open up Sunday night. that will be the greatest indicator of what takes place Monday morning.