The New CS Board

[getmenews]

Notice to HAMAS supporters worldwide!
Parade my Daughter in her Underwear on the Streets, show your face on mine, watch the results!

Dear E7
3 days will pass, if all are not returned...
10/19/23 The ground will shake and split apart...

[nowwhat2]

Muchas Gracias......wndsrf

[wndysrf]

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[wndysrf]

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[wndysrf]

Chart Book

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[nowwhat2]

Condor !......Holy !

https://ceo.ca/cn

https://stockcharts.com/h-sc/ui?s=CN.V&p=D&yr=0&mn=8&dy=0&id=p60014705390&a=1451452102

[jumanji0881]

Gold will rise with dollar as 'violent' global debt crisis unfolds, de-dollarization will take at least a decade - Brent Johnson
https://www.kitco.com/news/2023-06-23/Gold-will-rise-with-dollar-as-violent-global-debt-crisis-unfolds-de-dollarization-will-take-at-least-a-decade-Brent-Johnson.html

My Comment: There's no denying that the global debt of $305Trillion is unsustainable. How it all ends is the real question.

[jumanji0881]

Color me skeptical -
My Comment: Stocks are overvalued, and this guy thinks stocks won't take a big hit in a recession?

Why The Equity Market Need Not Fear A Recession
https://www.zerohedge.com/markets/why-equity-market-need-not-fear-recession

[jumanji0881]

It's only money -

My Comment: What's a measly $9 Billion in today's world free money?

"Huge" Bearish Bets Gone Wrong Cost Carl Icahn $9 Billion In Losses
https://www.zerohedge.com/markets/huge-bearish-bets-gone-wrong-cost-carl-icahn-9-billion-losses

[jumanji0881]

It's only money -

My Comment: What's a measly $9 Billion in today's world free money?

"Huge" Bearish Bets Gone Wrong Cost Carl Icahn $9 Billion In Losses
https://www.zerohedge.com/markets/huge-bearish-bets-gone-wrong-cost-carl-icahn-9-billion-losses

[jumanji0881]

Joe Biden Is One Really Bad President -
https://www.msn.com/en-us/news/politics/joe-biden-is-one-really-bad-president/ar-AA1bjpLE?ocid=msedgntp&cvid=60863cf4450a4709975f676cb3297b6e&ei=39
Excerpt:
Biden’s botches defy tabulation (e.g., abortionitis, race obsession, transgender-mania soaring federal spending, swelling national debt, sagging mental acuity, etc.) Too bad English has only 26 letters.

[jumanji0881]

It really is all about the DEBT -
But I don't think anything will change. At some point we hit a brick wall.

Debt Ceiling Brinksmanship And The Necessity For Spending Reforms
https://www.zerohedge.com/markets/debt-ceiling-brinksmanship-and-necessity-spending-reforms

[jumanji0881]

The country will not survive -
another Biden presidency or possibly even Biden's current term. And if Trump were to become president, we would also be doomed. Biden is emblematic of a declining America. Of course, Kamala Harris could become president. May God have mercy on our souls.

Watch: Biden Awkwardly Wanders Away During Air Force Football Ceremony | ZeroHedge
https://www.zerohedge.com/political/watch-biden-awkwardly-wanders-away-middle-air-force-football-ceremony

[jumanji0881]

It's all about the DEBT -
Capital One Expects Recession By Year-End, Hammered By Bad Debt Provisions: https://www.zerohedge.com/personal-finance/capital-one-expects-recession-year-end-hammered-bad-debt-provisions

My Comment: Things don't really get ugly until the recession starts and with 35 years of the Fed destroying the economy, the recession should be severe.

Excerpt:
Specifically, the write-off rate in the firm's US credit-card portfolio soared to 4.04% in this year's first three months ($1.7 billion), almost double the rate a year earlier, and the Virginia-based lender said provision for credit losses soared to $2.8 billion in the quarter ended March, up from $677 million a year ago.

The driver for that expected loss is simple - reality!

“We are assuming a material worsening of labor markets with the unemployment rate rising from today’s very low levels to above 5% by the end of 2023,” the CEO told analysts on a conference call.

“We are also assuming adverse effects from inflation and some further worsening of consumer profiles from the flip side of their extraordinary outperformance in the earlier period during the pandemic.”

[jumanji0881]

What If The Whole Shebang Unravels?: https://www.zerohedge.com/geopolitical/what-if-whole-shebang-unravels

My Comment: Charles Hugh Smith expresses my sentiments in this article. I think there is a day of reckoning for all of the CBs, especially the Fed, and the catastrophic polies they have pursued for the past 35 years. And when things really start to unravel, the CBs will be powerless to contain the consequences. Got gold?

[getmenews]

Note: Sold all my long positions, added SDS, SDOW

[getmenews]

Economy will Shift to Accept DOGE for Transactions on Physical Inventory;
"In all Cycles", Every Currency has it's End Day;
Were in the Failed FED rally Cycle;
Note the 3 peaks and a DOME in GOLD;

One can print more money, but, how much to print when no one accepts it?

Will Physical Inventory at Liquidated Prices be the new GOLD or easily trade-able DOGE
BTC the new Gold Standard, Rising up to 300,000 which is untrad-able for small markets or DOGE which will be more trad-able?

What would save the current market for the next cycle, abolish the IRS which is a double, if not triple standard of taxation...

HMM

[jumanji0881]

$20 Trillion in 10 years is only $2 Trillion annual deficits which we are having in a growth economy. The deficits will be much larger in a recession. I'm expecting a $40 Trillion national debt by 2026.

[jumanji0881]

$20 Trillion in 10 years is only $2 Trillion annual deficits which we are having in a growth economy. The deficits will be much larger in a recession. I'm expecting a $40 Trillion national debt by 2026.

[jumanji0881]

We're Going To Need A Bigger Bank: Debt And Bank Defaults Threaten Commercial Real Estate Like Never Before:
https://www.msn.com/en-us/money/realestate/we-re-going-to-need-a-bigger-bank-debt-and-bank-defaults-threaten-commercial-real-estate-like-never-before/ar-AA19Mlei?ocid=msedgntp&cvid=9616fc65c7b34279c3b5b25dca08fd1d&ei=26

Excerpt:
The Letter pointed to the fact that it took the U.S. 224 years to hit $10 trillion in debt and in the last two decades alone, has added another $21 trillion. On top of that, it predicted that U.S. debt is expected to hit $51 trillion by 2033, adding another $20 trillion in 10 years.

[jumanji0881]

Sam Zell: This is the Weimar Republic
https://www.thehedgelesshorseman.com/uncategorized/sam-zell-this-is-the-weimar-republic/?utm_source=rss&utm_medium=rss&utm_campaign=sam-zell-this-is-the-weimar-republic

[getmenews]

411 or 4/11/23 The relevant information or the truth. "when guys come to you for the 411 on your friend.

You understand soon enough...

[Oddlot]

$SPX $SDS continuing to hold 5 units SDS avg 4066 with obj of 3100 SPX, and possibly of 2200 SPX. Major trendline just under 3940. Valuation continues to be horrible. Major cyclic low ahead.

[getmenews]

Something like this; Dear USA, writing on the wall. It's official, "XXX" already started freezing bank account funds... Whose next? Everyone is! The only way you will survive even with money in your account is with high interest credit cards which is what they plan to do next... Not even Gold will do well...

Enjoy...

[getmenews]

Does transparency create freedom and protection of wealth?

[getmenews]

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171255826

enjoy

[getmenews]

Shorting theory? never be short on a long weekend?
Any Historical Record?

TIA

[Oddlot]

$SPX $SDS cancel former order and buy 2 units SDS at 40.36. Now holding total 5 units, obj SPX 3000

[Oddlot]

$SPX $SDS holding 1 unit with breakeven of 40.30 after applying profit from sale of other half of position. Add 2 SDS on stop at 4113 and 2 more at 4163 on stop.

[jumanji0881]

Prepare To Be Bled Dry By A Decade Of Stagflation
https://www.zerohedge.com/personal-finance/prepare-be-bled-dry-decade-stagflation

Excerpts:
At long last, all these gimmicks have reversed or reached marginal returns: they no longer keep inflation suppressed, asset bubbles inflating and profits expanding. The malinvestment of global capital will be revealed and the costs of the policy gimmickry will be paid by years of stagflation: high inflation, low or negative growth and endless debt crises as the reliance on cheap credit to boost profits comes home to roost.

It turns out that the inevitable offspring of hyper-financialization and hyper-globalization are inflation, credit crises and the undermining of national security as the self-serving goal of pushing corporate profits higher via globalization led to fatal dependencies on competing powers for the essentials of modern life.

Correcting these decades-long extremes will take at least a decade as long-suppressed inflation becomes endemic, supply-chain disruptions become the norm and capital has to be invested in long-term national projects such as reshoring and the engineering of a new more efficient energy mix--projects that will only be expenses for many years.

[jumanji0881]

Welcome To The Death Spiral
https://www.zerohedge.com/markets/welcome-death-spiral

My Comment: It's just a matter of time and time is runnung out. I expect the national debt to reach $40Trillion by 2026.

Excerpts:
As the US borrows more money and its existing debts roll over at higher rates, the cost of that debt is soaring. This year the government’s annual interest bill will break $1 trillion. Combine that with the soaring cost of Medicare and Social Security as millions of Baby Boomers retire, and Washington is looking at $2 trillion a year just in just interest and entitlements, which it will have to borrow to fund, which will send interest costs even higher, which will require more borrowing, and so on, until it all comes crashing down.


And there’s nothing that the monetary authorities can do to stop it, because either choice – keep interest rates high or push them back down – leads to the same place, which is a currency crisis. Meanwhile, each turn of the wheel makes the problem more intractable and the collapse more imminent. That’s what the term “death spiral” refers to: a process that feeds on itself until the system implodes.

[jumanji0881]

Did Powell just screw up ? -

My Comment: Inflation has a green light. I expect a lot of Fed hawkish talk to try to walk the markets back.

Bonds, Big-Tech, Bitcoin, & Bullion Blast Off As Dovish Powell Pussys Out
https://www.zerohedge.com/markets/powells-dovish-presser-sparks-bid-bonds-big-tech-bitcoin-bullion

[jumanji0881]

It's all about the DEBT -

The market is headed for a 'tinderbox-timebomb' that will be worse than the 1929 crash, Black Swan fund manager says
https://www.msn.com/en-us/money/markets/the-market-is-headed-for-a-tinderbox-timebomb-that-will-be-worse-than-the-1929-crash-black-swan-fund-manager-says/ar-AA16WBie

Excerpt:
His view mirrors that of other doomsday commentators, such as top economist Nouriel Roubini, who warned that high debt levels and rising interest rates would cause a severe recession and a debt crisis that could shatter the economy. Michael Burry, "The Big Short" investor who bet against the US housing market leading up to its crash, has also said markets were exiting an era of speculation, and stocks were headed for the "mother of all crashes."

"The correction that was once natural and healthy has instead become a contagious inferno capable of destroying the system entirely," Spitznagel added, predicting a "slowcession," akin to the Great Depression that ravaged the global economy nearly a century ago. "The world is just too levered today, the debt construct just too big," he warned.

[jumanji0881]

Here's How "Prosperity" Ends: Global Bubbles Are Popping
https://www.zerohedge.com/markets/heres-how-prosperity-ends-global-bubbles-are-popping

Excerpts:
The inflation generated by bubbles remains as collateral crashes and credit expansion reverses into contraction. Suddenly, there's fewer greater fools willing to pay bubble prices for assets. The smart money sold long ago, but the not-so-dumb money finally awakens to the potential downside of bubbles popping: rather than reaping huge gains, assets might become illiquid (i.e. there are no buyers at any price) or valuations might fall faster than anyone believed possible in the heady bubblicious decades.

[jumanji0881]

Here's How "Prosperity" Ends: Global Bubbles Are Popping
https://www.zerohedge.com/markets/heres-how-prosperity-ends-global-bubbles-are-popping

Excerpts:
The inflation generated by bubbles remains as collateral crashes and credit expansion reverses into contraction. Suddenly, there's fewer greater fools willing to pay bubble prices for assets. The smart money sold long ago, but the not-so-dumb money finally awakens to the potential downside of bubbles popping: rather than reaping huge gains, assets might become illiquid (i.e. there are no buyers at any price) or valuations might fall faster than anyone believed possible in the heady bubblicious decades.

[baja6string]

On Fridays, I summarize a number of indicators to get a weekly feel for trend. The Friday rundown of indicators was a little more bullish than last week (now 3-bear and 18-bull). (These indicators tend to be both long-term and short-term, so they are different than the 20 that I report on daily.)

On Friday, 21 February, 2 days after the top before the Coronavirus pullback, there were 10 bear-signs and 1 bull-sign. Now there are 3 bear-signs and 18-Bull. Last week, there were 5 bear-sign and 17 bull-signs.

The Friday rundown is still giving a solidly bullish indication.

There was a Zweig Breadth Thrust 12 January. The 10-dMA, 50-dMA and 100-dMA of the percentage of issues advancing on the NYSE (Breadth) are all above 50%. That didn't happen in prior rallies in the last year.

I said some time back the the bottom was in. I still think it is.

[nowwhat2]

.
Mission Accomplished :















Friday Jan. the 20th









Tuesday the 17th





AN ENGINEERED MARKET BOOM !..........





I HATE these freaking "Golden Weeks"......... Japan (I think) has two.

I HATE seeing markets get "engineered".......I wish "they'd" just leave them alone.



https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170958427




.
.

[2H2]

So far so good

[jumanji0881]

Great News: Everyone in China will get Covid -

China Says Over 80% Of Population Infected With COVID, No Risk Of Virus Rebound
https://www.zerohedge.com/covid-19/china-says-over-80-population-infected-covid-no-risk-virus-rebound

My Comment: With the number of daily new Covid cases expected to peak at 4.2 million in March, the experts think China will have achieved herd immunity (albeit at a very high cost in lives lost). The problem is this kind of rampant Covid is an incubator for variants which can extend the Covid cases and deaths much longer.

Excerpt:
The possibility of a big COVID-19 rebound in China over the next two or three months is remote as 80% of people have now been infected, reaching the herd immunity threshold...

[jumanji0881]

15 and 17 and already in trouble with the law -

My Comment: Not a good way to start life. But theft is so common these days. Mostly because there's no punishment. A lot of retailers are leaving big cities where crime is a real problem.

Police recover $1 million worth of gold and silver after teenagers get caught mid-heist in Toronto
https://www.kitco.com/news/2023-01-23/Police-recover-1-million-worth-of-gold-and-silver-after-teenagers-get-caught-mid-heist-in-Toronto.html

[jumanji0881]

More rotting assets are lurking in the shadows of the financial system
https://www.msn.com/en-us/money/markets/more-rotting-assets-are-lurking-in-the-shadows-of-the-financial-system/ar-AA16wyat?ocid=msedgntp&cvid=eb9773aa36bc44a88c0d8b24ac057a76

Excerpts:
Nonbanks, firms that are not traditional insured depositories, lie at the heart of a system that has created a $5 trillion debt load on companies in the U.S. alone, according to a new study by my organization, Americans for Financial Reform.

This mix of leveraged loans securitized into collateralized loan obligations, high-yield debt, and private credit have played a critical role in the private-equity industry’s leveraged buyout machine that has taken over tens of thousands of companies.

Corporate indebtedness is now higher than it was before the 2008 financial crisis.

We will find little positive left over from this lending. Our research suggests that only a tiny fraction—3%—went for identifiable corporate purposes. Instead, the debt supports further consolidation in an economy that already has a problem with monopoly power, and it allowed owners to draw cash out of companies, or refinance.

The hangover from this subprime corporate lending will amplify any future downturn as companies struggling to service their debt laypeople off and reduce their capital investments amid a global economic slowdown. It will also test the financial system, daring central bankers to veer away from higher rates.

Much of this subprime corporate debt reflects questionable accounting practices that allow borrowers to overestimate future earnings, thus downplaying leverage levels something private-equity owners shrug off because of their own short time horizons. It’s an echo of how Wall Street’s originate-and-distribute model of mortgage lending led to crisis in 2008 because it divorces decision-making from liability.

[2H2]

And highly professed inv h and s on daily SPX also failed.

[2H2]

Highly touted Cup and handle on SPX daily failed. Waterfall begins.

[Oddlot]

Assuming the 36day cycle period is correct, the high would be next Tuesday.

[Oddlot]

Assuming the 36day cycle period is correct, the high would be next Tuesday.

[2H2]

4120 I’m not certain about this week but 3200 next stop.

[jumanji0881]

I've always liked what James Grant has to say and in the article linked below, he expects a long bear market in bonds as rates continue to rise and he cites Japan as a major global economic risk. He also likes gold.

My Comment: There has to be a severe price to pay for the past 35 years of reckless Fed and other CBs monetary policies. And I can see rates rising just due to the ever increasing sovereign debt because investors will need to be compensated for the risk of holding that debt especially as inflation continues to rise.

Jim Grant Warns "Japan Is Perhaps The Most Important Risk In The World" | ZeroHedge
https://www.zerohedge.com/markets/jim-grant-warns-japan-perhaps-most-important-risk-world

Excerpts
What is your advice to investors in this environment?

Having just mocked the central banks for their pretending to know what they can’t know, I’m in a very compromised position if I were to say what is going to happen. But allow me to suggest that I’m somewhat of a broken record on gold. I’m going to continue with this broken record and observe that people have not yet come to terms with the essential inherent weaknesses of the monetary system that has been in place since 1971. [color=red][/color]We have all gotten used to it. I mean, you have to be a person of a certain age, indeed you have to be as old as I am, to really recall the debates surrounding the abandonment of Bretton Woods. People have grown up with the idea that money is what they print, and if the Japanese can print $50 billion a day with which to suppress interest rates, that doesn’t shock many people. But I think such shocks do lay ahead.[color=red][/color]

And gold can help protect a portfolio against such shocks?

I think that the strains that are already obvious will become more so. People will be looking around not for a better brand of paper or digital money, but rather for the real McCoy.[color=red][/color] In every issue of «Grant’s» we have something to say about a stock, so I don’t want to sound too much of a nutcase. We do live in the real world. But when I look at the very big picture, the money the central banks produce in such profusion is unsound. It may not be now, but in time, people will look around for an alternative and that alternative may just be gold - the thing that has been more or less a shadow cast by Bitcoin, Ethereum, and all the other crypto currencies.

[jumanji0881]

But the Fed has everything under control and a soft landing is assured. No?

[Oddlot]

Mkt is still grossly overpriced and setting up for major decline.  Recent low was a 20week low and it is straddled by 7week/36 day cycle.  Effect is peaks either side of low with peaks 7weeks apart.  Next peak will be this week.  Looking for high approx 4120 SPX.   A break of short term trendline will start decline towards 3400-3000.  Low later in year potentially is 2500 area

[jumanji0881]

Zoltan Pozsar, The Four Prices Of Money, And The Coming Gold Bull Market
https://www.zerohedge.com/commodities/zoltan-pozsar-four-prices-money-and-coming-gold-bull-market

Excerpt:
How will the price of money be altered this time around? According to Pozsar, through interest rates and price level (yield curve control). After the US weaponized its currency to freeze Russia’s assets, the amount of US government debt that needs to be financed is larger than the world is willing to absorb. The Federal Reserve will bail out the government by buying up bonds of all maturities, effectively capping yields across the curve. Inflation will stay elevated, above the entire yield curve, which lowers the value of money. In this environment investors and foreign central banks will flee to gold.