https://en.wikinews.org/wiki/Italian_border_guards_seize_$134_billion_in_U.S._bonds_at_Swiss_border
Should have put this here originally. Turbo Tim and O's hole said they were fake…..I recall them first saying they stopped using those in 1982 but THOSE particular ones were fake for sure…;p I ended up here on train to como…slept and missed station. There was no stop and NO ONE or NOTHING was searched. Article is highly in-accurate. Its a coffee kiosk . Thank you Shengan
Yes it is. Bitcoin people….how do you rectify that the Hash id is confirmed NSA? How do you think the DS funds itself after January 2017. Not dumping on BC however in its present form it will not be carried over that is for sure. Guaranteed we use Blockchain for the new one.
Same as most ICO. Implied value….basically an annuity without going through the regulatory framework of an IPO.
Mt. Gox…. There is one.
Fully aware of Mt. Gox. Too many are not. Fuckery at its finest. It was no mistake BC 'appreciated' as it did WHEN it did.
All the forks and splits. CFTC couldn't wait to monetize it. They did….see price discovery in Jan 2018
By no means mistake this for a bash. Blockchain will be used later. The issue now is removing the spoopy actors that used this as funding and communication. The hash id is NSA. Whoever strated it may have had it comped earlier this year. Hence the cap and 'whale' sales.
Mt. Gox also "lost" quite a few coins during its ordeals.
No insider knowledge here…just 40 yrs of seeing different cycles of "change". as in hopey….
Could not agree more. Do whatever you think is right.
Not against cryptos but until all the bad actors are removed from BC I will remain firmly on the sideline. I never touched it because of all the issues surrounding Mt. Gox, it's closure and the missing coins/wallets. Also who is the whale?….that caps it thus not allowing it to break out of BB. Put it in something else for now
Saw a post on main q board that apparently the strings have been cut at the fed and a new version of it is being operated out of Reno. Would certainly make sense getting it far away from DC/NY. Also sort of slides neatly into the whole silver manipulation story. The amounts are staggering over the last 10 years.
Totally agree. Its all or nothing..I am speaking about removing the 1933 actions. I fully understand the SYSTEM. Perhaps you don't
Convinced that bitcoin started out as the 'evil plan' because the undeniable fact is its HashID is confirmed NSA. If you look at the timeline of it's trading pattern you will see it was 'liftoff' in 2016.
The proliferation of other crypto's soon followed. They were all allowed to be adopted. The CFTC even allowed BC to be monetized. That started in Dec. 2017. See the results after that. The media certainly allowed that safety net aspect of crypto's to build.
IMO BC was created in part to take the heat off of the metals trade. Witness the rise of all comms. starting in early 2009. It was so predictable that Goldman even sold its coveted GSCI off so as not to appear conflicted.
Crypto's were nowhere, at least several yrs away from being mentioned at the water cooler, in 2009. The banking apparatus has been short gold and silver for many decades.
At the turn of the 19th century a choice was made regrading our industrial use of metals. Have seen the figures regarding what was available at the time in both metals i.e. MUCH more silver then gold, a choice had to be made. Once the choice was made to use silver it could not be undone.
It is no accident that the actual silver content of coins was virtually removed in 1964. However as the use of silver grew after the second war the choice made at the turn of the century could still not be undone. Enter Wall Street and Greenspan's Route A programs.
This was used to great afect throughout the market, never more obvious than the metals trade. As the available supply to be mined or wherehoused dropped below the the known amounts for gold a solution was needed.
Hypothecation was born.
You can read up about the metals manipulation trade via hypothecated trading from the mid 60's on.
IMO
Regarding gold and it's value to the Federal Reserve. It's per/oz value has not changed on it's own books since it was 'valued' at $44.xx
This was never adjusted up/down as its value changed. It is still on the Fed's book at that level even today.
IMO it was never changed so that at some point in the future, say now, it's value has always been at $44.xx/oz so if it's finally proven to not be there, it's not, they can then say "well we only valued it at $44.xx and not current MV so it's no big deal".
Google Ron Paul and Ben Bernancke exchange in 2006. He knows what is happening. I would have voted for him if he had a chance however he would have never been allowed to win. His son may have the last laugh.
I certaily do see bitcoin as viable. More the Block chain aspect of it. Many different applications that are non-financial.
The humiliation of bernancke was before the rise from $10 to $50, approximately 3 years prior. The silver market was and is the most manipulated on the planet. It's a relatively small market even when it was $50 (was there for a day I recall).
Look into Blythe Masters at JPM. She is the credited with the creation of credit default swaps. She was released on the metals markets in 2010. Also JPM is now the largest single holder of above ground silver. They had ZERO prior to 2011. They inherited the legacy short position of Bear Stearns. That, imo, was the reason Bear was left to twist in the wind for as long as it did. Whomever took on it's book were saddled with the decades long need to suppress all commodities. Most of Bear Stearns assets were swept into the FED, see here https://en.wikipedia.org/wiki/Maiden_Lane_Transactions
That allowed the game to have a lower starting point.
I am not saying put everything you have into XXX. What I am saying is utilize the history that we have been given for decades and contrast it against what we are all learning now.
It's going to turn out something like this….everyone has seen books about conspiracy theories over the years.
What if those books become the new history books? Certainly more in those crazy "Stories"today than a year ago
Only the treasury has the onlt authority to COIN money. Not dollars or anything else.
I will certainly embrace crypto's once the smoke clears. Until then I remain on the sidelines. I still see them, all of them, as a way to herd people into whatever the Fed;s version of a digital coin is. Cause a crash and 'offer' to exchange all the issued crypto's into 'fedcoin'.
Everyone would have no choice but to accept.
If that happens it is game, set and match. The level of control would be complete. That is why I believe it was evil to start with. Was the plan all along.
Perhaps a consensus algorithm?
You should have put that at the top!
Best thing I've read today.
FOrgt who said it but the trust factor.
"if you owe the bank $1000 that is your problem….
if you owe the bank $1m that is the banks problem.
I never bought the trust aspect of it all. Goes hand-in-hand with the myth of productivity.
The biggest factor in changing any of this is producing a solution that is so radical in it's approach it will be accepted by nearly all.
That can go both ways and is good/bad depending on your audience.
Whatever the solution is it must be a total wipe out all secured and unsecured debt AND it's derivative structure (the real problem imo).
Ask yourself this…Is it sane to have one bank hold 'assets' valued at more than the GDP of the entire planet?
We have had more than enough regulatory framework to keep the system partioned. We saw what was done with that framework starting in 1933 and just about ending with the suspension of mark-to-market. Hell let's just throw in a complete ban on shorting with the removal of the uptick rule. It was so over then.
We 'died' in September 2008. Call it QE, Repo's, TARP-they were starting to run out of accronyms after 2010- or whatever you like.
Was nothing more than ctrl-alt-print 24/7/365
While I agree the comex game for the last several decades has certainly capped the pm's rise, all you need to look at is the insane amount of paper thrown at it daily. I do believe that simply shifting to a gold/silver backed system has some downside too.
Whether you believe the stat that less than 1% of investors or the retail public own PM's is open to discuss. I think it is higher due to the last bubble popping in 2008. Many people piled into physical starting in fall '08. In silver's case is was much more affordable. That had the effect of taking gold along for the ride. During and including the run to $50 plenty of monster boxes were purchased. On the way back down some of that was liquidated due to the scheme to drive it down with billions of oz's of paper…thanks Bart!! (how does he even have a tv show let alone any sort of ratings??) I digress…
In short order we had a period of time where many more investors were faced with a choice…perceived wealth protection (that is another argument altogether) or HODL (whatever assets you have not including hard).
I have to think that many metals purchases were basically kept as an insurance policy. The numbers do not lie regarding paper vs. actuals on the "blowmex".
Switching to a gold/silver standard may risk creating yet another inequality of wealth distribution as whomever was racking and stacking suddenly, almost overnight, could potentially be the new 1%. Do we risk allowing our system to be re-set (totally agree it needs to be done) and peg it to another group of people who 'control' the underlying asset?
JPM had ZERO phys silver until 2011. They acquired a vault license in record setting time. Usually that process takes at least a year to properly apply and be granted a license to store it on premise. They were allowed to do all of it in less than 6 months. They have used the time between acquiring a vault and now to amass the largest physical above ground position ever. At least that is what the numbers tell.
I have to think that JPM does not do that unless an end-game is near. I have posited the system is being reset by stealth. Many procedural things have already indicated a massive change in money creation and mgmt is just beyond the horizon.
JPM's "Blythe and Jamie" show is what killed off actual price discovery on the same Sunday evening that we "got" OBL. It was also the crescendo of Hussein's birth certificate drama.
I have to think the plan is to scoop up any existing assets as part of a nationalization of the banking system. IMO this was done in 2008 however the appearance of a normal functional system is allowed to continue.
Since Ft. Knox was looted most likely in the late 80's it would seem rather "easy" to take over JPM's physical position. Goldman has a similar setup however to my knowledge it is nowhere near the size of JPM. Again most of these numbers are from a very suspect COT, COMEX and LBMA. We can only work with what we are given.
Unless that (complete takeover) is done I fear we will be doomed to repeat this situation again if we just up and decide to create a new 1% virtually overnight.
What do you think?
BTW this does sound simplistic but rest assured it is with several decades of experience. Coffee only for a few minutes!
What do you think?
We do not know the original intention of bitcoin. Was it the cabal's attempt to push us into the cashless society? Was it a white hat program to stall that original plan? All crypto's are suspect in their present form. ALL OF THEM. Until we get to a point where we have verifiable proof that one is better or worse than the other I will remain a spectator.
This is a simplistic stance however you cannot build trust in a payment device if something as simple as a power outage prevents you from completing a transaction with it.
This is the reality that many would see going forward as it's awfully hard to explain a revolutionary new payment system to someone who has ZERO idea about 'digital' anything when all they need to do to stop it cold is turn the power off.
I certainly am not suspect of crypto's because of that argument…but it is a relevant one.
Block chain is the way forward as a verification process for almost everything we are fighting against. Media, Politicians, Bankers, Environmental issues, etc. The blockchain has so many applications as just a verification tool. Think about that. Currency aside, we are standing at a point in time where a relatively benign set of code could be the key to unlock and provide a level of trust and security unheard of in our lifetime(s). We already have it. Certainly has flaws but just a simple application of blockchain say into supply chain mgmt and an inventory control system could absolutely change the game overnight. Already seeing some of this occur.
I caution that people jump onto the bitcoin wagon for a single-minded application, namely our fiat currency problem.
If we just adopt bitcoin in it's present form we all will be here in less than 10 years time doing this again. No one wants that.
Joe Sixpack is never going to trust a purchasing vehicle that can be neutralized by a power failure. Pragmatism….my friends…nothing but being pragmatic.
Nokia was bought by softyman. Ok what technology was never allowed, invented by nokia and suppressed by softyman?
Already starting to percolate. Can't say I agree with all offered here however it's a start.
https://www.zerohedge.com/news/2018-08-23/why-do-people-assign-value-paper-money
Whatever the solution is going to be I do not think it's mad max as no one wins and personally I do not want to be around in that scenario…from a different poster.
The solution will, no doubt, enrich some more than others. If what we are witnessing now is X inning of the gigantic reset should we all be worried about how we are positioned for it? Firstly, of course we should be. Natural instinct is to be. Tactics.
Hopefully many of you have made plans are busy making them.
What I am positing is the liberation of 1933 Banking Act. What this ultimately will mean for us , as a nation, is well beyond my current pay grade. What it means for OUR society, instead of the rest of the world's, has the reality of appearing very soon.
It may not matter what the people have accumulated in hard/digital assets. Obviously excluding anything paper.
Protect yourselves the way you know. No 1 person can tell you what to do.
For the mad max crowd. Certainly a possibility. I prepared for it starting in 2006 to happen soon after. It will not happen that way. Once prepping became a TV reality show did you ever think it was going to be allowed?
I certainly hope it doesn't happen this way.
Always one in the bunch who wants it that way.
TY anon. Should have searched for image. Many TY's
BTW you can buy less gold content in coins. there are 1/4,1/2oz al the way down to 1g. Same way in silver but not at the g level that i am aware of-would be more expensive to produce then worth.
I laugh at the people prepared for SHTF and they have 100 oz bars. Good luck with that!!
I certainly have given that some thought. Determining value will be the tricky part when SHTF. As far as being able to prove it's purity and full content? empirically you can't unless physical test performed. I never purchase AU in a large enough bar where the fuckery with tungsten can be used.
In short I have to trust where I make the purchases from. I am not 100% certain that my stash is real…but neither is anyone else unless testing done.
There are a few things you can do to limit your exposure to fakes. Certainly much easier on Au. Thickness, weight and experience helps but if they want to fake…they will fake.
"why is open source being ignored?"
Not ignored by me. Absolutely agree is the way forward.
Block chain is the way forward as a verification process for almost everything we are fighting against. Media, Politicians, Bankers, Environmental issues, etc. The blockchain has so many applications as just a verification tool. Think about that. Currency aside, we are standing at a point in time where a relatively benign set of code could be the key to unlock and provide a level of trust and security unheard of in our lifetime(s). We already have it. Certainly has flaws but just a simple application of blockchain say into supply chain mgmt and an inventory control system could absolutely change the game overnight. Already seeing some of this occur.
I just prefer to wait until we get some of the chaff out of the crypto space.
Bitfinex, BP, Tether. Know enough about that to stay away. Reason #1 as to why I did not adopt early on was Mt. Gox. Results speak for themselves. "Lost coins"…..
Seriously speaking…was it not over when we heard rumors of the ICO's from Mayweather, Hilton etc?. Became comical.
ICO=No rights other than a PAPER agreement to what amounts to an annuity payment.
I used to think that Fulford was fringy until I saw who his great-grandfather is/was.
https://en.wikipedia.org/wiki/George_Taylor_Fulford
I know it's fakepedia but it's fairly accurate until his death. Was no accident. He was the largest shareholder in GE at the time and was on the cusp of funding Tesla's projects.
"George Taylor Fulford is reported to be the first Canadian fatal automobile accident victim on record. On October 8, 1905, he was riding in a chauffeured open roadster in Newton, Massachusetts with his business partner Willis T. Hanson, of Schenectady, N.Y., when it slammed into the side of a streetcar while crossing a blind intersection. Fulford died seven days later, at age fifty-three. His widow never remarried. ( W.T. Hanson, not critically injured, assumed management of the Canadian and foreign business of the Dr. Williams Co., in addition to his own U.S. franchise. The chauffeur died of head trauma October 11.) "
My ass is was an accident.
And in "WTF" is this news we have this:
http://www.kitco.com/news/2018-09-06/Surge-In-Silver-Demand-Leaves-U-S-Mint-With-No-Eagle-Silver-Bullion-Coins.html
Surge in demand?…..from where at this price? ;)
Anecdotally I can state that most major bullion dealers are not giving discounts on quantity purchases. Kilo bars of Ag out of stock in most big dealers. Heard from one, located in southwest, that credit card payments (highest premium for them) will be suspended by 9-10.
It's on like donkey kong
"Gold standard is just likely a backing but the ledger will likely move to a crypto, even if there's a SWIFT crypto completely separate from person2person transactions."
If we all get the chance to see it…this is how it will be done.
Zero probs even up to last week.
This is exactly the same set-up as in 2009, with regards to the comm aspect. Price was smashed from about this level, was about mid 13's and then it was at 10 not long after.
The time between 13 and 10 appears, with the benefit of hindsight, to be the watershed signal for phys bullion.
That is the story a chart tells you. It does not tell you that the period from 13 down to 10 was virtually un-buyable for retail. It was buyable if you wanted to pay in the ridiculous premiums( at times it was over 25%) that were growing larger by the day as well as the absurd lead times to take delivery. We are not talking about contracts on the Comex here.
Comex contracts who stood for delivery, in defiance of the crooked CFTC regs, were forced to illegally accept cash payments so contracts would appear to have delivered. It's all completely illegal according to the CFTC by-laws but who was looking.
This is what drove the price from 10 to 50. It wiped out all need for phys delivery and placed a huge premium on retail buyers because the perception was created that these contracts were, in fact, actually being delivered. We all knew it was crap but the tail did wag the dog in this case.
The point? Get it now before the premiums go up AND you are not waiting weeks for delivery.
Ask any com trader what happened from 2009 until now.
Have a feeling, and it has three decades of experience behind it.
I have a hard time accepting that we will be seeing anything related to the old system after the current qtr end. Specifically speaking to what some of us human traders used to call earnings season…when it meant a little more than today.
Black money cut last year-depending on what source and to whom it could have been cut off on day 1.
Our 'economy' is already beyond the law of large numbers-for me it died on 09811. Puppets and stew-meat since.
Pull the plug on it at qtr end and spend the next 3 months rebuilding it and rolling it out so that the world is ready to start fresh on Jan 1, 2019.
JS'ing
In the Wishes and Rainbows from Boston Fed re-issue of 2007.
Here is BW page on it.
http://www.roadtoroota.com/public/1633.cfm
credit to him for the long, hard work in this fight. Why doesn't he have a show on RT?? Better him then Mr. "numbers matter".
I digress. The pic is the major change from version 1981 to 2007.
If you take the reader's perspective on that panel…the scribble of 11+9 becomes 6+11. 17
I have to say there were people that were on to this as well. A group of us tried to get hardcopy's of the re-issue only to be left with the .pdf version. Rumors around were it was going to be issued but no one knew when. Surprised many coming out on New Year's day. The original is priceless, can confirm BW on that. Try and find one.
アメリカ合衆国/阿部会議後の重要性を日本ユーザーの皆様からの期待は何ですか。
https://www.reuters.com/article/us-usa-fed/fed-raises-rates-sees-at-least-three-more-years-of-economic-growth-idUSKCN1M60EE
always takes a little time.
Nothing to see here. Kek!
To counter the idiot videos out there suggesting that the Fed's charter was never renewed… Eat this.
https://www.federalreserve.gov/faqs/is-the-federal-reserve-act-going-to-expire.htm
No fucking wonder we are at this stage with 'experts' getting a video cam and posting.
Took all of 2min to debunk that.
Now there is some interesting things surrounding licenses and money transfers in/out. Certainly spoopy however it is not the result of the Fed charter "expiring"
This is a finance discussion. I will give you that as I did not grab enough of it. Point to you.
See first sentence.
Key financial barometer that is widely known. Trillions attached to it.
Look at the volumes at 2 touchlines before breakout. Its all highly manipulated however IMO VP was allowed out of a major portion of his chunk for playing ball. He has bought wisely using the proceeds imo. China has not been allowed the same courtesy. Holdings have decreased for sure over time but not at same rate and % as Russia.
Re-issue needed to set stage for 2008. Changes reflect in strategy shift as defined the in the aforementioned slide .
BTW there are two additional comics put out by the NYFED. The Dimes one is absolutely "Space Cash".
Yes BW is a warrior…we all are. Been a long fight.
Anyone touting this crypto is better or worse than another is just speculating. I prefer to have the bad actors washed away before I hang my hat on any of them.
Japan…Yakuza needs a good flushing. Abe seems to be a bit better although his alternatives are pretty limited. I certainly understand the situation he is/was in however the steps leading up to Sendai quake can be laid at his feet. Big mistake announcing plans to work with iran. BIS took total control shortly after.
Dig into recent Treasury and Fed filings. Effectively the FED is ball-less and has been for some time.
The bond mkt. Less so in recent yrs as MASSIVE
printing distorts. Post above about how T changed accounting of what they call auctions several yrs ago. Since that time it's just been a process of layering more and more paper on top of the pile. In 2008 I kept waiting to see capitulation….never got it. All of that was too controlled. We will see it this time for sure.
Not my first,second or even third rodeo.
Advice
Take an hour and comb through treasury. I guarantee you will have a different perspective when you finish. The main board is filled with newbs/norms busy with the kabuki playing out.
See the bigger picture.
Protect yourselves fellow anons. This only happens ONCE.
Tether being pegged at $1.00 is telling me that the bad actors have or are being removed. See Blockone, EOS and Noble Bank.
Throw Bitfinex in the mix and you have quite a picture.
If you do not have your own private keys to your cryptos…YOU ARE INSANE!!!!!!
https://www.newsbtc.com/2018/03/19/tether-primary-reserve-bank-puerto-rico-says-bitmex/
https://www.zerohedge.com/news/2018-10-03/tilray-tumbles-after-announcing-convertible-note-offering
Lather,rinse, repeat. This is so typical of momo stocks. Send it higher and then do a convert deal at some ridiculous price.
The momo cools off and then they 'announce' what amounts to a free payday for all the officers. Seen this movie way too many times.
BTFD not going to work once that is out.
Burn baby burn
Going to leave a mark for sure. Wait until Sunday night!!!!!
the continued detonation of the 10yr note.
The rest of the world is effectively closed since 8:30amPST
IMO this pause here is the system sending out margin calls to the extremely over-leveraged inhabitants (i.e. all the big players).
"Mr. Margin on line….all of them!"
Keep in mind the drop of this week is not really much in % term. What is at work here is MASSIVE leverage. Think 3x levered ETF's short/Long.
We don't have any tits here so……
Don't overthink this. Scour the Banking Act of 1933
Go to Treasury and see how many changes have been made since FY2018 began. 2017 and 2016 are interesting. 2016 for the fuckery that was going on with Hussein going out the door.
How those changes line up with Fed operations prior to 1933.
It's not a tit-for-tat remove and replace. Times have changed so it must reflect our new digital future.
The US Mint pratically begged people to look at Silver Eagles in early September. They claimed a shortage of planch. for production. A quick scan of sales shows a shortage is not the case based on what they have produced with own legacy numbers. BW has excellent summary of this.
I think the Mint sent a HUGE signal to whoever was listening by stopping/starting its yearly run when they did. I can't recall such a scenario in the past. The only thing close is the long wait for delivery if you bought on the way up to 50 starting in 2010. Saw 6 week lead outs at the worst.
That was a shortage of a different nature.
Eye on the 10yr.
No skin in equity mkt. I have been a hard asset guy for 2 decades perhaps longer.
I need specifics if I am going to answer questions from you. I can point you to Ron Paul speech where he emphatically shows up BB when he states "only Treasury has the authority to COIN money". I believe it is above somewhere.
Again I can help you but you need to ask direct questions.
I have ZERO skin in this game…sidelines.
Want to make sure what happened to me in 2001 does not happen to anyone else. 9/11 wiped me and several others out. Out-of-pocket until early 2003 because of that shit. Fuckers need to go down and soon
caveat: I do not have all the answers for you or me. What I can do is relate 3 decades of trading and experience to you.
I had this help starting in 1997. Its time to return the favor.
Thank you to the people who helped me in 1997 I know some of you are here.
I will be around today..
This is not an ego thing. It is a human thing. If more people shared what they know we would not be in this position…we are.
Don't ask what YOU need to do….no one can answer that for you . I can barely do it for me let alone anyone else.
You have to re-humanize the markets.
See Nanex.com for the theft of markets.
Imo EH will play a role in the prosecution of the exchanges.
It became an absolute joke when the exchanges started charging premiums for proximity to the main server racks. Co-location fee's soon became all the rage.
Fuckers just couldn't get enough.
Brad Katsuyama at RBC described this process through Lewis book. I did not read it until much later. For some it was a book you did not have to read. As BK tells in the book the actual fuckery with the trading speeds were also manifested in the opex markets too. Many times starting in 2007 about the time of the Bear Stearns fuckup (($2 DOLLARS!!))-for you JC- the opex market bid/ask were just moved away from your order to sell. Usually only a penny or so but fuckery nontheless. I had to place a buy for 1 in order to get the bid up to the hard sell order for 5 or more. You would not see this if market order used.
Chairs were removed on friday for sure. It's never announced.
Look up headlines on 091508.
It really got moving shortly afterwards. As a bonus we had CNN pimping how storm after storm See Pic.
All a big game.
We win this time.
Good luck with the main board today…childcare.
https://www.bloomberg.com/markets/stocks/futures
4 markets slightly green a few hours before asia comes on.
The rest are not so much…..kek!
No.
This is product of 1 ONE anon just like you. Nothing special about me. Perhaps a little older but nothing else.
This would just fly by on the main board now.
Read this:
https://www.federalreserveeducation.org/about-the-fed/history
then add this
https://www.onthisday.com/events/date/1909
Keeping in mind that boss has dropped 1909 as a key point in why/how we are here now. Find the early drop about it.
Add in this tidbit of info. to it
https://io9.gizmodo.com/5875252/when-the-smithsonian-discovered-an-ancient-egyptian-colony-in-the-grand-canyon
Shake a little with this….
https://www.nps.gov/articles/quick-nps-history.htm
Keep in mind the above on this day site and play with ranges of events and when they happened relative to '1909 changed everything'.
If you have visited northern AZ you may know some of the local stories.
Sometimes you just have to let go and go with it.
Look into the deadliest, at the time, mid-air collision. 1956 I think. Lots to explore relating back to 1909
HODL!!!!
Fuckers can't say "sell"…always a buy. Think Real Estate agents.
This is entertainment on the GRANDEST scale.
https://www.fool.com/ext-content/motley-fool-issues-rare-double-down-buy-alert/1081/?paid=9187&waid=9187&utm_campaign=sar-doubledown2.0-pros-placement-desktop-jump&utm_source=yahoo&utm_medium=contentmarketing&psource=esayhowdg0000600&wsource=esayhowdg0000600
Bond mkt closed for holiday.
got the hint……done for now.
SPX bottomed at 666.xx in early March 09….
http://mytradersjournal.com/stock-options/2009/03/08/sp-500-chart-spxx-march-6-2009/
Well, it broke and dropped another 75 points in just a few days (which happened to be an intraday low of 666 and change for those who like the macabre). The break below 741 took a few days to play out. It bounced around 740-750 for a couple of days and then hit the same down trending line I drew today as I did two weeks ago (the thinner line below). The SPX actually made it above that line, but couldn’t close above it. After not being successful at a true breakthrough the decline continued and the path of least resistance was down.
Your instincts are telling you something.
Act accordingly. Said it once before above…..
THIS ONLY HAPPENS ONCE.
ESF to the rescue. Nice ramp into close.
Means absolutely dick with the bond market closed. It's actually MUCH easier to do this when that closes early for an extended weekend or closed altogether. The real shit-show starts in about 2 hours.
next stop on 10yr 3.35
Chairs were removed last friday. It always takes some time.
and right on cue she-devil herself Blythe Masters surfaces.
He does a disservice to the rest of his body of work by picking any of them over another.
Unless he knows more. He may.
I can only imagine the dinner 'conversations' tonight. Do not walk past any tall blgds in NY tonight!!!!
re-value it to fair logical levels. We may even get a natural organic market at the end of it.
Speaking of natural
Really…you guys are seriously asking what caused this??
Where the fuck have you been in the last 10 years??
The biggest mistake anyone makes, and I certainly made it long ago, is only watching the indexes. This tells you nothing.
This system has made the word sell just another expletive.
Pull up any ratings and it all says the same thing year after year.
Well I would be pretty successful if I knew Geithner, Paulsen, Rubin, Summers, Bernancke et al were conspiring to throw trillions at the world's markets. Never mind all the research that points to Hussein 'liberating' plates into PI. Throw in the Black trust and all the cash, gold and who knows what else in Malay and Indo.
That starts to add up. I realize this is going to hurt but I have faith in these guys. Look how far we have come?
WHAT A RIDE IT HAS BEEN!
Zero out all the crappy debt held on paper while not decimating the public's savings, retirement-this is critical, and non-equity holdings. Corp./Gov't debt is going to get a severe haircut imo.
Mnuchin has been very busy and is a smart man-has many skills. I particularly liked the performance piece at Ft. Knox. Both did a masterful job-hats off to you both!….and on the day of the eclipse.
You cannot have an honest, open fairly traded market if you allow it to be pinned or trapped by paper. The CFTC needs some enforcement balls. Seems it is growing some slowly.
If they leave it in Chicago they need to do something about the lag with trading. Yes I know it's all laser's at the top end but you still have an exploitable latency lower down., i.e. retail.
Boss has managed a pretty soft landing for the unaware. I thought it would be much worse but as the last few weeks have gone by there is almost a calming effect.
The reactions to the coming news notwithstanding I think these guys/gals have got this entire thing wired top to bottom.
this will have a period of time at open where it is propped to give the big boys an exit. Lather,rinse,repeat.
Market Makers are scum of the earth….
Self-help declared in 3,2,1…..
Not that he was wrong about BS event however he is the broken clock because he never adjusted to the trillions being forced through a tiny spigot.
He will eventually be right but he missed much on the way up.
stick save for the moment
Particulary ironic for him that his recent video was another LTC to the moon.
That did not work today. Could though.
>3310755
Shorts will cover into this pop. The smart ones covered some of it into close yest and the REALLY smart ones took a small long to sell into this morning's pop.
not very convincing…still early. Volume tapering off
big boys out…..see where it goes.
If you have candlestick (Kanji) skills the last 2.5 days have been a wet dream!! Up/Down with plenty of volume for retail entry/exit. I hope someone is cleaning up here. I would be.
January 3rd 2013 Gold Price $1663.75
December 31st 2013 Gold $1205.40
Not 48% but some perspective is needed
Leverage sucks when it moves against you…
https://www.zerohedge.com/news/2018-10-12/barclays-expect-130-billion-more-systematic-selling-over-next-few-days
filterfags on main board like daycare today. No matter..
https://www.zerohedge.com/news/2018-10-13/market-crash-another-red-card-economy
Whatever your trading discipline is the action of the last 3 days is and has left a major mark. Attached pic does not care for ANY discipline. It simply exists….
In my 30 plus years of watching and trading all types of foreign and domestic markets I have never seen a set of headlines as these tonight.
Even a cursory scan of all of these headlines should get your attention.
Please go ahead and be like the idiots on the main board today who are and remain convinced that our currently constructed system is not a piece of financial fiction.
do not get the wrong idea here I certainly know how these news items have and are used to generate herd trading patterns. The system COUNTS on it.
Do not bail the system out with your ignorance.
This only happens once.