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Home > Boards > Other Markets > ETFs > VelocityShares Daily 2x VIX ST ETN (TVIX)

Things are a lot different today than the

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Montanore   Sunday, 08/23/15 12:18:49 PM
Re: monoatomicgold post# 13472
Post # of 30561 
Things are a lot different today than the 60s. The Fed wasn't doing QEs back in those days. Now the Fed must have them continually to keep 'their' rigged market propped up as a signal that 'all is well' in order to justify the first rate hike in nearly a decade. They have to do this to have some ammo and leverage over the system. Instead, the system seems to be imploding for a variety of reasons. Namely, the debt has become too unmanageable. The Chinese are no longer buying Fed paper and the nouveaux riche there are dumping Chinese stocks and, as a result of margin calls, are also forced to dump their American stocks. Hence there care cries for another bailout just like in 2008. In essence the Fed is bailing out the world to keep the primacy of their corrupt petro-debt-dollar.

So...we do not have free markets as much as in 1962 and they can fly right back up at the flip of a Fed switch. Most of the stocks are owned by the top 10 percent and 1 percent in particular and especially by the 1 10th of 1 percent. Wealth is getting concentrated into a few hands. They already own and control most of the important stuff as George Carlin said. Who is going to step up and buy overpriced stocks to keep the Ponzi scheme going? The government lies about statistics and unemployment is over 20 percent in reality. College kids are burdened with tremendous debt and can't afford stocks--they remain living with their parents. Illegal immigrants are welcomed in by Obama and the central banksters to do work under the table and below the min. wage, thus helping corporations and further eroding the poor and middle class. More people on the dole and foods stamps. It's not like the old days when a man could find a modest job and feed and house a large family and still buy a car and send his kids to college. The entire system now chalk full of debt from top to bottom. Credit cards are maxed out, housing is dead and oil prices are indicative of an overall slow down.

What's this got to do with TVIX? It should continue to run up. The question I have is why didn't the PPT already put on the brakes and start flooding the market with liquidity? Before...every time the market fell quickly to say, over 250 points the QE machine would kick into gear. Why not this time? What's different? All huge pops in the VIX like we've just seen were always followed by collapses. Will it be different this time?

http://finviz.com/futures_charts.ashx?p=d1&t=VX


A nation of sheep will beget a government of wolves. — Edward R. Murrow
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