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David Stockman - “2014 Is The Year Of The End Game”
"The Fed is engaged in what I refer to as ‘massive monetary central planning,’ erroneously believing that by pegging and fixing interest rates all up and down the curve, putting a ‘put’ under the risk asset markets explicitly targeting indices like the Russell 2000, and trying to generate wealth effects as a way of causing economic growth -- all of those things are part and parcel of the core of what you’ve described -- price fixing on a massive scale in the heart of the financial markets of capitalism.
And that’s the opposite of what is really required. If you don’t have free markets and honest interest rates and true price discovery in these markets, you are going to end up with waves of distortions, bubbles, all the symptoms that we have in this messed up economy that we have today.”
Eric King: “David, as you see it, why does the New York Fed feel the need to be essentially the biggest hedge fund in the world, fixing major markets?”
Stockman: “Because that’s the doctrine. The doctrine is that 12 people on the Open Market Committee can survey a $17 trillion domestic economy, or for that matter an $80 trillion world economy, think it all through, set some targets, and then manipulate the whole system through the crude instrument of short-, middle-, and long-term interest rate price fixing or pegging, and the other supplementary tools that they use, like forward guidance, wealth effects, and so forth. That’s the explanation.”
Eric King: “What is the danger going forward as you see it?
Stockman: “The danger is that none of these markets is stable. None of these markets reflects true supply and demand. None of them properly discounts real-world factors, whether it’s cash flows, economic future, and all the other things that markets are supposed to do.
The markets today jump to the tune of the minutes of the Fed meetings, of daily word clouds that are emitted by various Fed speakers. This really isn’t a capitalist financial market. It is entirely a ‘hothouse’ system driven by a rogue central bank that has totally usurped the role of capital and money markets.”
Eric King: “What are your thoughts as we move through 2014?”
Stockman: “This (2014) is the year of the end game. The party is over. We are now just at the point where they are rounding up the Wall Street drunks who are swilling on the fifth consecutive seasonally maladjusted phony recovery. That will become evident in the weeks and months ahead. Then I think the markets are going to have a pretty rude day of awakening.”
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/10_David_Stockman_-_2014_Is_The_Year_Of_The_End_Game.html
David Stockman - “2014 Is The Year Of The End Game”
"The Fed is engaged in what I refer to as ‘massive monetary central planning,’ erroneously believing that by pegging and fixing interest rates all up and down the curve, putting a ‘put’ under the risk asset markets explicitly targeting indices like the Russell 2000, and trying to generate wealth effects as a way of causing economic growth -- all of those things are part and parcel of the core of what you’ve described -- price fixing on a massive scale in the heart of the financial markets of capitalism.
And that’s the opposite of what is really required. If you don’t have free markets and honest interest rates and true price discovery in these markets, you are going to end up with waves of distortions, bubbles, all the symptoms that we have in this messed up economy that we have today.”
Eric King: “David, as you see it, why does the New York Fed feel the need to be essentially the biggest hedge fund in the world, fixing major markets?”
Stockman: “Because that’s the doctrine. The doctrine is that 12 people on the Open Market Committee can survey a $17 trillion domestic economy, or for that matter an $80 trillion world economy, think it all through, set some targets, and then manipulate the whole system through the crude instrument of short-, middle-, and long-term interest rate price fixing or pegging, and the other supplementary tools that they use, like forward guidance, wealth effects, and so forth. That’s the explanation.”
Eric King: “What is the danger going forward as you see it?
Stockman: “The danger is that none of these markets is stable. None of these markets reflects true supply and demand. None of them properly discounts real-world factors, whether it’s cash flows, economic future, and all the other things that markets are supposed to do.
The markets today jump to the tune of the minutes of the Fed meetings, of daily word clouds that are emitted by various Fed speakers. This really isn’t a capitalist financial market. It is entirely a ‘hothouse’ system driven by a rogue central bank that has totally usurped the role of capital and money markets.”
Eric King: “What are your thoughts as we move through 2014?”
Stockman: “This (2014) is the year of the end game. The party is over. We are now just at the point where they are rounding up the Wall Street drunks who are swilling on the fifth consecutive seasonally maladjusted phony recovery. That will become evident in the weeks and months ahead. Then I think the markets are going to have a pretty rude day of awakening.”
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/10_David_Stockman_-_2014_Is_The_Year_Of_The_End_Game.html
What is it now? Like 53% of working Americans now work for an income that is within spitting distance of the poverty line. The hole keeps getting dug deeper, and the floor keeps getting thinner. When it cracks, all "you know what" will break loose.
And she did that with WHOSE blessing and direct orders? Oh yea, HOPE AND CHANGE, baby!
ALL of DC and 99% of politicians, along with the MSM, should be caught in a black hole.
This about sums it all up. However, I am not so optimistic as to see the people EVER doing anything to stop what is happening. My guess is total anarchy or total domination of the sheeple by force at some point. To think an "uprising" with positive, new, caring leaders being the result is naive and way too hopeful, IMO. Just can't see it in a world where NO ONE wants to be the one made an example of by TPTB . . . no matter the impact they might spawn.
Four key lessons from 2013
1) Politicians believe there are no consequences for destroying our liberty…
Stimulus and response. That’s the easiest way of summing this up. When politicians steal, and there are no consequences, they’re going to keep stealing.
Cyprus proved this point handily. The government froze bank accounts for everyone in the country (of course, the big bosses got their money out in time). And yet, there was no violent revolution in the streets. People just accepted it.
Poland nationalized pensions. Argentina imposed severe capital controls. The French are taxing everything under the sun. The US government was caught red-handed spying on… everyone.
And yet, there have been ZERO consequences. Citizens have been trained like caged animals to simply roll over and acquiesce. I imagine the politicians are thinking, “Holy Cow! I can’t believe we just got away with that…”
It only reinforces their behavior. With each destructive act, they become more bold, more brazen in dismantling our liberties, confident that they can continue to act with total impunity.
2) …Central bankers and economists believe there are no consequences to printing money…
The Fed expanded its balance sheet by $1.1 TRILLION in 2013, a whopping 38.5%. Nobody seems to mind. The stock market surged to all-time highs, the bond market remained stable, and everyone pronounced the ‘recovery’ was in.
I attended a dinner a few months ago where Ben Bernanke himself touted how much his quantitative had helped US economic conditions.
They really believe in what they are doing. They really believe that conjuring endless quantities of money out of thin air is the path to prosperity.
Not to mention, our modern society awards its most esteemed prizes for intellectual achievement to the likes of idiot savants like Paul Krugman who tell us that the Fed should be printing even MORE money. And people listen to him.
So we can only expect Ben “I can raise interest rates in 15 minutes” Bernanke, and his heir apparent Janet Yellen, to give us more of the same.
3) …Investors think there are no consequences to deficits, or debasement…
In 2013, headlines like “the US deficit is -only- $700 billion” were actually considered good news.
And markets have given all of these fiascos a pass– from the government shutdown to record-shattering debt levels to downgrades by the rating agencies. AA became the new AAA in 2013.
Nobody cares that the US government ‘borrowed’ a record amount of money from the Social Security Trust Fund. Or that they spent a record amount just to pay interest on the debt at a time when interest rates are at all-time lows.
Rather, they just keep investing… without a single thought to the possible risks. The fear of missing the big boom is greater than the fear of losing money. But then again, it’s not their money at risk. It’s yours.
4) …But Joe Six-Pack knows this is all crap.
In 2013, the collective net worth of the 300 richest people in the world grew to $3.7 trillion, 16.5% higher than 2012. Corporate profits were also at record levels.
Fortune 500s, the super-rich, rich, and even upper middle class have largely been beneficiaries of the central bank induced asset bubble.
But everyone else is getting hammered by inflation… watching their savings and livelihoods melt away before their very eyes.
A report from the US Census Bureau this year showed that median household income has declined for five straight years. And those living in poverty, using food stamps, or receiving unemployment benefits remained at record high levels in 2013.
Meanwhile, the wealth gap has grown to its largest since 1929– the year of that fateful financial collapse.
It’s time for a reality check: something is wrong with this picture.
We’ve become desensitized to everything. “Unprecedented” monetary policy. Record debts. Massive wealth gap. Government surveillance. Theft. Deceit. Inflation.
We’ve become so accustomed to getting screwed, it’s just par for the course now. We sit quietly and wait for the next round of beatings, shrugging it all off as the new normal.
This isn’t normal. This is not how a free society is supposed to function.
A free society does not spy on its own people, threaten them with drone assassination, and award an unelected banking elite with supreme authority to rob purchasing power from the masses in favor of a bubbly stock market.
And despite the conventional wisdom, this is not a consequence-free environment.
History is full of examples of entire nations that reached their breaking points… shouting from the rooftops “I’m mad as hell! And I’m not going to take it anymore!”
2013 already saw violent unrest in some of the most stable countries in the world like Singapore and Sweden, all underpinned by absolute disgust for the status quo.
Whether today or tomorrow, this year or next, there will be a reckoning. The system is far too broken to repair, it must be reset.
It’s simply absurd to look at the situation objectively and presume this status quo can continue indefinitely… that this time is different… that we’re somehow special and immune to universal principles.
This is not some prediction for doom and gloom. Far from it.
It’s actually a message of optimism. For the sooner these crackpot criminal politicians and their central banking ilk are stricken from power, the better off we’ll all be.
Unfortunately there’s going to be quite a bit of turmoil to get there.
Here’s to 2014. It’s going to be a hell of a year.
http://www.sovereignman.com/trends/four-key-lessons-from-2013-13345/
This about sums it all up. However, I am not so optimistic as to see the people EVER doing anything to stop what is happening. My guess is total anarchy or total domination of the sheeple by force at some point. To think an "uprising" with positive, new, caring leaders being the result is naive and way too hopeful, IMO. Just can't see it in a world where NO ONE wants to be the one made an example of by TPTB . . . no matter the impact they might spawn.
Four key lessons from 2013
1) Politicians believe there are no consequences for destroying our liberty…
Stimulus and response. That’s the easiest way of summing this up. When politicians steal, and there are no consequences, they’re going to keep stealing.
Cyprus proved this point handily. The government froze bank accounts for everyone in the country (of course, the big bosses got their money out in time). And yet, there was no violent revolution in the streets. People just accepted it.
Poland nationalized pensions. Argentina imposed severe capital controls. The French are taxing everything under the sun. The US government was caught red-handed spying on… everyone.
And yet, there have been ZERO consequences. Citizens have been trained like caged animals to simply roll over and acquiesce. I imagine the politicians are thinking, “Holy Cow! I can’t believe we just got away with that…”
It only reinforces their behavior. With each destructive act, they become more bold, more brazen in dismantling our liberties, confident that they can continue to act with total impunity.
2) …Central bankers and economists believe there are no consequences to printing money…
The Fed expanded its balance sheet by $1.1 TRILLION in 2013, a whopping 38.5%. Nobody seems to mind. The stock market surged to all-time highs, the bond market remained stable, and everyone pronounced the ‘recovery’ was in.
I attended a dinner a few months ago where Ben Bernanke himself touted how much his quantitative had helped US economic conditions.
They really believe in what they are doing. They really believe that conjuring endless quantities of money out of thin air is the path to prosperity.
Not to mention, our modern society awards its most esteemed prizes for intellectual achievement to the likes of idiot savants like Paul Krugman who tell us that the Fed should be printing even MORE money. And people listen to him.
So we can only expect Ben “I can raise interest rates in 15 minutes” Bernanke, and his heir apparent Janet Yellen, to give us more of the same.
3) …Investors think there are no consequences to deficits, or debasement…
In 2013, headlines like “the US deficit is -only- $700 billion” were actually considered good news.
And markets have given all of these fiascos a pass– from the government shutdown to record-shattering debt levels to downgrades by the rating agencies. AA became the new AAA in 2013.
Nobody cares that the US government ‘borrowed’ a record amount of money from the Social Security Trust Fund. Or that they spent a record amount just to pay interest on the debt at a time when interest rates are at all-time lows.
Rather, they just keep investing… without a single thought to the possible risks. The fear of missing the big boom is greater than the fear of losing money. But then again, it’s not their money at risk. It’s yours.
4) …But Joe Six-Pack knows this is all crap.
In 2013, the collective net worth of the 300 richest people in the world grew to $3.7 trillion, 16.5% higher than 2012. Corporate profits were also at record levels.
Fortune 500s, the super-rich, rich, and even upper middle class have largely been beneficiaries of the central bank induced asset bubble.
But everyone else is getting hammered by inflation… watching their savings and livelihoods melt away before their very eyes.
A report from the US Census Bureau this year showed that median household income has declined for five straight years. And those living in poverty, using food stamps, or receiving unemployment benefits remained at record high levels in 2013.
Meanwhile, the wealth gap has grown to its largest since 1929– the year of that fateful financial collapse.
It’s time for a reality check: something is wrong with this picture.
We’ve become desensitized to everything. “Unprecedented” monetary policy. Record debts. Massive wealth gap. Government surveillance. Theft. Deceit. Inflation.
We’ve become so accustomed to getting screwed, it’s just par for the course now. We sit quietly and wait for the next round of beatings, shrugging it all off as the new normal.
This isn’t normal. This is not how a free society is supposed to function.
A free society does not spy on its own people, threaten them with drone assassination, and award an unelected banking elite with supreme authority to rob purchasing power from the masses in favor of a bubbly stock market.
And despite the conventional wisdom, this is not a consequence-free environment.
History is full of examples of entire nations that reached their breaking points… shouting from the rooftops “I’m mad as hell! And I’m not going to take it anymore!”
2013 already saw violent unrest in some of the most stable countries in the world like Singapore and Sweden, all underpinned by absolute disgust for the status quo.
Whether today or tomorrow, this year or next, there will be a reckoning. The system is far too broken to repair, it must be reset.
It’s simply absurd to look at the situation objectively and presume this status quo can continue indefinitely… that this time is different… that we’re somehow special and immune to universal principles.
This is not some prediction for doom and gloom. Far from it.
It’s actually a message of optimism. For the sooner these crackpot criminal politicians and their central banking ilk are stricken from power, the better off we’ll all be.
Unfortunately there’s going to be quite a bit of turmoil to get there.
Here’s to 2014. It’s going to be a hell of a year.
http://www.sovereignman.com/trends/four-key-lessons-from-2013-13345/
This about sums it all up. However, I am not so optimistic as to see the people EVER doing anything to stop what is happening. My guess is total anarchy or total domination of the sheeple by force at some point. To think an "uprising" with positive, new, caring leaders being the result is naive and way too hopeful, IMO. You keep calling for just such a thing, but how do you think that could actually happen in a world where NO ONE wants to be the one made an example of by TPTB . . . no matter the impact they might spawn?
Four key lessons from 2013
1) Politicians believe there are no consequences for destroying our liberty…
Stimulus and response. That’s the easiest way of summing this up. When politicians steal, and there are no consequences, they’re going to keep stealing.
Cyprus proved this point handily. The government froze bank accounts for everyone in the country (of course, the big bosses got their money out in time). And yet, there was no violent revolution in the streets. People just accepted it.
Poland nationalized pensions. Argentina imposed severe capital controls. The French are taxing everything under the sun. The US government was caught red-handed spying on… everyone.
And yet, there have been ZERO consequences. Citizens have been trained like caged animals to simply roll over and acquiesce. I imagine the politicians are thinking, “Holy Cow! I can’t believe we just got away with that…”
It only reinforces their behavior. With each destructive act, they become more bold, more brazen in dismantling our liberties, confident that they can continue to act with total impunity.
2) …Central bankers and economists believe there are no consequences to printing money…
The Fed expanded its balance sheet by $1.1 TRILLION in 2013, a whopping 38.5%. Nobody seems to mind. The stock market surged to all-time highs, the bond market remained stable, and everyone pronounced the ‘recovery’ was in.
I attended a dinner a few months ago where Ben Bernanke himself touted how much his quantitative had helped US economic conditions.
They really believe in what they are doing. They really believe that conjuring endless quantities of money out of thin air is the path to prosperity.
Not to mention, our modern society awards its most esteemed prizes for intellectual achievement to the likes of idiot savants like Paul Krugman who tell us that the Fed should be printing even MORE money. And people listen to him.
So we can only expect Ben “I can raise interest rates in 15 minutes” Bernanke, and his heir apparent Janet Yellen, to give us more of the same.
3) …Investors think there are no consequences to deficits, or debasement…
In 2013, headlines like “the US deficit is -only- $700 billion” were actually considered good news.
And markets have given all of these fiascos a pass– from the government shutdown to record-shattering debt levels to downgrades by the rating agencies. AA became the new AAA in 2013.
Nobody cares that the US government ‘borrowed’ a record amount of money from the Social Security Trust Fund. Or that they spent a record amount just to pay interest on the debt at a time when interest rates are at all-time lows.
Rather, they just keep investing… without a single thought to the possible risks. The fear of missing the big boom is greater than the fear of losing money. But then again, it’s not their money at risk. It’s yours.
4) …But Joe Six-Pack knows this is all crap.
In 2013, the collective net worth of the 300 richest people in the world grew to $3.7 trillion, 16.5% higher than 2012. Corporate profits were also at record levels.
Fortune 500s, the super-rich, rich, and even upper middle class have largely been beneficiaries of the central bank induced asset bubble.
But everyone else is getting hammered by inflation… watching their savings and livelihoods melt away before their very eyes.
A report from the US Census Bureau this year showed that median household income has declined for five straight years. And those living in poverty, using food stamps, or receiving unemployment benefits remained at record high levels in 2013.
Meanwhile, the wealth gap has grown to its largest since 1929– the year of that fateful financial collapse.
It’s time for a reality check: something is wrong with this picture.
We’ve become desensitized to everything. “Unprecedented” monetary policy. Record debts. Massive wealth gap. Government surveillance. Theft. Deceit. Inflation.
We’ve become so accustomed to getting screwed, it’s just par for the course now. We sit quietly and wait for the next round of beatings, shrugging it all off as the new normal.
This isn’t normal. This is not how a free society is supposed to function.
A free society does not spy on its own people, threaten them with drone assassination, and award an unelected banking elite with supreme authority to rob purchasing power from the masses in favor of a bubbly stock market.
And despite the conventional wisdom, this is not a consequence-free environment.
History is full of examples of entire nations that reached their breaking points… shouting from the rooftops “I’m mad as hell! And I’m not going to take it anymore!”
2013 already saw violent unrest in some of the most stable countries in the world like Singapore and Sweden, all underpinned by absolute disgust for the status quo.
Whether today or tomorrow, this year or next, there will be a reckoning. The system is far too broken to repair, it must be reset.
It’s simply absurd to look at the situation objectively and presume this status quo can continue indefinitely… that this time is different… that we’re somehow special and immune to universal principles.
This is not some prediction for doom and gloom. Far from it.
It’s actually a message of optimism. For the sooner these crackpot criminal politicians and their central banking ilk are stricken from power, the better off we’ll all be.
Unfortunately there’s going to be quite a bit of turmoil to get there.
Here’s to 2014. It’s going to be a hell of a year.
http://www.sovereignman.com/trends/four-key-lessons-from-2013-13345/
Got all 13. Still say they should have a very simple 2-3 question quiz to qualify to vote in any election. I firmly believe that about 50% of Democrat voters would fail on questions such as, "How many states are there?" Their own "leader" gets that one confused -- LOL.
Dr. Jim Garrow is a name you are going to be seeing a lot of in the truthful media for the foreseeable future. Garrow is a former deep cover CIA agent who has his hand on the pulse of the crises which are befalling America. What separates Dr. Garrow from many high level sources who are disgusted with the status quo, is that he is on the record and is publicly visible.
While many of the 200+ command level officers fired by Obama are informing many of us in the media about the current state of affairs, they are not on the record. Other than self-preservation, the major reason why these former military commanders are not on the record is because some of them are involved in planning a guerrilla war against the occupation forces commanded by this administration under the auspices of DHS. And this is precisely what Dr. Garrow stated on my December 22, 2013 show which you can listen to here. He also went on to say that a coup attempt is probable and that a prolonged guerrilla civil war is likely. All of my sources state that the coming civil war will be a guerrilla war.
http://thecommonsenseshow.com/2013/12/28/can-m-16s-defeat-f-16s-in-the-coming-civil-war/
They can't -- or won't -- cure the common cold, but they are making huge leaps in robotics. Is it difficult to imagine a future with a few men in charge of a world of robots to keep the sheeple slaves in line?
The video is interesting just to watch simply for car building as well. It just sparks the imagination on what the gov't is doing "behind the scenes" also???
They can't -- or won't -- cure the common cold, but they are making huge leaps in robotics. Is it difficult to imagine a future with a few men in charge of a world of robots to keep the sheeple slaves in line?
The video is interesting just to watch simply for car building as well. It just sparks the imagination on what the gov't is doing "behind the scenes" also???
They can't -- or won't -- cure the common cold, but they are making huge leaps in robotics. Is it difficult to imagine a future with a few men in charge of a world of robots to keep the sheeple slaves in line?
The video is interesting just to watch simply for car building as well. It just sparks the imagination on what the gov't is doing "behind the scenes" also???
Dr. Jim Garrow is a name you are going to be seeing a lot of in the truthful media for the foreseeable future. Garrow is a former deep cover CIA agent who has his hand on the pulse of the crises which are befalling America. What separates Dr. Garrow from many high level sources who are disgusted with the status quo, is that he is on the record and is publicly visible.
While many of the 200+ command level officers fired by Obama are informing many of us in the media about the current state of affairs, they are not on the record. Other than self-preservation, the major reason why these former military commanders are not on the record is because some of them are involved in planning a guerrilla war against the occupation forces commanded by this administration under the auspices of DHS. And this is precisely what Dr. Garrow stated on my December 22, 2013 show which you can listen to here. He also went on to say that a coup attempt is probable and that a prolonged guerrilla civil war is likely. All of my sources state that the coming civil war will be a guerrilla war.
http://thecommonsenseshow.com/2013/12/28/can-m-16s-defeat-f-16s-in-the-coming-civil-war/
Dr. Jim Garrow is a name you are going to be seeing a lot of in the truthful media for the foreseeable future. Garrow is a former deep cover CIA agent who has his hand on the pulse of the crises which are befalling America. What separates Dr. Garrow from many high level sources who are disgusted with the status quo, is that he is on the record and is publicly visible.
While many of the 200+ command level officers fired by Obama are informing many of us in the media about the current state of affairs, they are not on the record. Other than self-preservation, the major reason why these former military commanders are not on the record is because some of them are involved in planning a guerrilla war against the occupation forces commanded by this administration under the auspices of DHS. And this is precisely what Dr. Garrow stated on my December 22, 2013 show which you can listen to here. He also went on to say that a coup attempt is probable and that a prolonged guerrilla civil war is likely. All of my sources state that the coming civil war will be a guerrilla war.
http://thecommonsenseshow.com/2013/12/28/can-m-16s-defeat-f-16s-in-the-coming-civil-war/
Dr. Jim Garrow is a name you are going to be seeing a lot of in the truthful media for the foreseeable future. Garrow is a former deep cover CIA agent who has his hand on the pulse of the crises which are befalling America. What separates Dr. Garrow from many high level sources who are disgusted with the status quo, is that he is on the record and is publicly visible.
While many of the 200+ command level officers fired by Obama are informing many of us in the media about the current state of affairs, they are not on the record. Other than self-preservation, the major reason why these former military commanders are not on the record is because some of them are involved in planning a guerrilla war against the occupation forces commanded by this administration under the auspices of DHS. And this is precisely what Dr. Garrow stated on my December 22, 2013 show which you can listen to here. He also went on to say that a coup attempt is probable and that a prolonged guerrilla civil war is likely. All of my sources state that the coming civil war will be a guerrilla war.
http://thecommonsenseshow.com/2013/12/28/can-m-16s-defeat-f-16s-in-the-coming-civil-war/
DHS Insider: “Preparations Have Been Finalized to Respond to a Crisis of Unprecedented Magnitude Within the United States”
http://www.thedailysheeple.com/dhs-insider-preparations-have-been-finalized-to-respond-to-a-crisis-of-unprecedented-magnitude-within-the-united-states_122013
DHS Insider: “Preparations Have Been Finalized to Respond to a Crisis of Unprecedented Magnitude Within the United States”
http://www.thedailysheeple.com/dhs-insider-preparations-have-been-finalized-to-respond-to-a-crisis-of-unprecedented-magnitude-within-the-united-states_122013
DHS Insider: “Preparations Have Been Finalized to Respond to a Crisis of Unprecedented Magnitude Within the United States”
http://www.thedailysheeple.com/dhs-insider-preparations-have-been-finalized-to-respond-to-a-crisis-of-unprecedented-magnitude-within-the-united-states_122013
This is just another example of the generation of psychopaths that has been created by the entitlement mentality. These thugs believed that they should be exempt from paying for their movie theater tickets like other people, and become violent when they were thwarted.
http://www.thedailysheeple.com/a-mob-of-more-than-600-teens-laid-siege-to-a-florida-movie-theater_122013
This is just another example of the generation of psychopaths that has been created by the entitlement mentality. These thugs believed that they should be exempt from paying for their movie theater tickets like other people, and become violent when they were thwarted.
http://www.thedailysheeple.com/a-mob-of-more-than-600-teens-laid-siege-to-a-florida-movie-theater_122013
This is just another example of the generation of psychopaths that has been created by the entitlement mentality. These thugs believed that they should be exempt from paying for their movie theater tickets like other people, and become violent when they were thwarted.
http://www.thedailysheeple.com/a-mob-of-more-than-600-teens-laid-siege-to-a-florida-movie-theater_122013
The quick thought would be a replacement currency at about a 1 for 10 or a 1 for 100 exchange rate. Wipe out debt, and put the sheeple in even more servitude with one action.
Many here share a lot of the same thoughts, so you must share some of the frustration over how TPTB continue to prop up phony paper and securities and hold down silver and gold by having an unlimited spigot at the FED.
That said, I'd be going all in physical now, except that there are a few credible people, like Jim Rogers, who keep saying that gold and silver could still drop another 30% if the "taper" makes Treasury yields rise, so that those who traditionally buy gold/silver will view long-term T-bills at over 3%, and especially if they get near 5%, as a "safe haven" again. They also throw out there that India could cut way back on purchases of gold/silver, and that alone could beat down the prices 30%. It's all very confusing to try and get a good read on, as I know that China is unloading tons of gold and silver daily on their shores and packing it away in their vaults, as they prepare, I think, for an eventual collapse of the dollar or petrodollar. To watch our "leaders" stay the course on this "borrow and spend until something cracks" seems insane! To watch the stock market ignore all fundamentals other than flowing paper money out of the FED also seems nuts. Thoughts? Is anyone else getting a bit weary listening to some very good minds keep saying essentially the same things they have now for 4-5 years with the opposite results? Is there not a better plan than to continue to dollar cost average into metals as long as it takes?
Guess I'm wanting a crystal ball, and no one seems to have one -- lol.
Many here share a lot of the same thoughts, so you must share some of the frustration over how TPTB continue to prop up phony paper and securities and hold down silver and gold by having an unlimited spigot at the FED.
That said, I'd be going all in physical now, except that there are a few credible people, like Jim Rogers, who keep saying that gold and silver could still drop another 30% if the "taper" makes Treasury yields rise, so that those who traditionally buy gold/silver will view long-term T-bills at over 3%, and especially if they get near 5%, as a "safe haven" again. They also throw out there that India could cut way back on purchases of gold/silver, and that alone could beat down the prices 30%. It's all very confusing to try and get a good read on, as I know that China is unloading tons of gold and silver daily on their shores and packing it away in their vaults, as they prepare, I think, for an eventual collapse of the dollar or petrodollar. To watch our "leaders" stay the course on this "borrow and spend until something cracks" seems insane! To watch the stock market ignore all fundamentals other than flowing paper money out of the FED also seems nuts. Thoughts? Is anyone else getting a bit weary listening to some very good minds keep saying essentially the same things they have now for 4-5 years with the opposite results? Is there not a better plan than to continue to dollar cost average into metals as long as it takes?
Guess I'm wanting a crystal ball, and no one seems to have one -- lol.
Many here share a lot of the same thoughts, so you must share some of the frustration over how TPTB continue to prop up phony paper and securities and hold down silver and gold by having an unlimited spigot at the FED.
That said, I'd be going all in physical now, except that there are a few credible people, like Jim Rogers, who keep saying that gold and silver could still drop another 30% if the "taper" makes Treasury yields rise, so that those who traditionally buy gold/silver will view long-term T-bills at over 3%, and especially if they get near 5%, as a "safe haven" again. They also throw out there that India could cut way back on purchases of gold/silver, and that alone could beat down the prices 30%. It's all very confusing to try and get a good read on, as I know that China is unloading tons of gold and silver daily on their shores and packing it away in their vaults, as they prepare, I think, for an eventual collapse of the dollar or petrodollar. To watch our "leaders" stay the course on this "borrow and spend until something cracks" seems insane! To watch the stock market ignore all fundamentals other than flowing paper money out of the FED also seems nuts. Thoughts? Is anyone else getting a bit weary listening to some very good minds keep saying essentially the same things they have now for 4-5 years with the opposite results? Is there not a better plan than to continue to dollar cost average into metals as long as it takes?
Guess I'm wanting a crystal ball, and no one seems to have one -- lol.
Many here share a lot of the same thoughts, so you must share some of the frustration over how TPTB continue to prop up phony paper and securities and hold down silver and gold by having an unlimited spigot at the FED.
That said, I'd be going all in physical now, except that there are a few credible people, like Jim Rogers, who keep saying that gold and silver could still drop another 30% if the "taper" makes Treasury yields rise, so that those who traditionally buy gold/silver will view long-term T-bills at over 3%, and especially if they get near 5%, as a "safe haven" again. They also throw out there that India could cut way back on purchases of gold/silver, and that alone could beat down the prices 30%. It's all very confusing to try and get a good read on, as I know that China is unloading tons of gold and silver daily on their shores and packing it away in their vaults, as they prepare, I think, for an eventual collapse of the dollar or petrodollar. To watch our "leaders" stay the course on this "borrow and spend until something cracks" seems insane! To watch the stock market ignore all fundamentals other than flowing paper money out of the FED also seems nuts. Thoughts? Is anyone else getting a bit weary listening to some very good minds keep saying essentially the same things they have now for 4-5 years with the opposite results? Is there not a better plan than to continue to dollar cost average into metals as long as it takes?
Guess I'm wanting a crystal ball, and no one seems to have one -- lol.
Many here share a lot of the same thoughts, so you must share some of the frustration over how TPTB continue to prop up phony paper and securities and hold down silver and gold by having an unlimited spigot at the FED.
That said, I'd be going all in physical now, except that there are a few credible people, like Jim Rogers, who keep saying that gold and silver could still drop another 30% if the "taper" makes Treasury yields rise, so that those who traditionally buy gold/silver will view long-term T-bills at over 3%, and especially if they get near 5%, as a "safe haven" again. They also throw out there that India could cut way back on purchases of gold/silver, and that alone could beat down the prices 30%. It's all very confusing to try and get a good read on, as I know that China is unloading tons of gold and silver daily on their shores and packing it away in their vaults, as they prepare, I think, for an eventual collapse of the dollar or petrodollar. To watch our "leaders" stay the course on this "borrow and spend until something cracks" seems insane! To watch the stock market ignore all fundamentals other than flowing paper money out of the FED also seems nuts. Thoughts? Is anyone else getting a bit weary listening to some very good minds keep saying essentially the same things they have now for 4-5 years with the opposite results? Is there not a better plan than to continue to dollar cost average into metals as long as it takes?
Guess I'm wanting a crystal ball, and no one seems to have one -- lol.
It is almost as if Wall Street has not learned any lessons from the last two major stock market crashes at all. Just look at Twitter. At the current price, Twitter is supposedly worth 40.7 BILLION dollars. But Twitter is not profitable. It is a seven-year-old company that has never made a single dollar of profit.
Not one single dollar.
In fact, Twitter actually lost 64.6 million dollars last quarter alone. And Twitter is expected to continue losing money for all of 2015 as well.
But Twitter stock is up 82 percent over the last 30 days, and nobody can really give a rational reason for why this is happening.
http://www.thedailysheeple.com/the-stock-market-has-officially-entered-crazytown-territory_122013
It is almost as if Wall Street has not learned any lessons from the last two major stock market crashes at all. Just look at Twitter. At the current price, Twitter is supposedly worth 40.7 BILLION dollars. But Twitter is not profitable. It is a seven-year-old company that has never made a single dollar of profit.
Not one single dollar.
In fact, Twitter actually lost 64.6 million dollars last quarter alone. And Twitter is expected to continue losing money for all of 2015 as well.
But Twitter stock is up 82 percent over the last 30 days, and nobody can really give a rational reason for why this is happening.
http://www.thedailysheeple.com/the-stock-market-has-officially-entered-crazytown-territory_122013
It is almost as if Wall Street has not learned any lessons from the last two major stock market crashes at all. Just look at Twitter. At the current price, Twitter is supposedly worth 40.7 BILLION dollars. But Twitter is not profitable. It is a seven-year-old company that has never made a single dollar of profit.
Not one single dollar.
In fact, Twitter actually lost 64.6 million dollars last quarter alone. And Twitter is expected to continue losing money for all of 2015 as well.
But Twitter stock is up 82 percent over the last 30 days, and nobody can really give a rational reason for why this is happening.
http://www.thedailysheeple.com/the-stock-market-has-officially-entered-crazytown-territory_122013
It is almost as if Wall Street has not learned any lessons from the last two major stock market crashes at all. Just look at Twitter. At the current price, Twitter is supposedly worth 40.7 BILLION dollars. But Twitter is not profitable. It is a seven-year-old company that has never made a single dollar of profit.
Not one single dollar.
In fact, Twitter actually lost 64.6 million dollars last quarter alone. And Twitter is expected to continue losing money for all of 2015 as well.
But Twitter stock is up 82 percent over the last 30 days, and nobody can really give a rational reason for why this is happening.
http://www.thedailysheeple.com/the-stock-market-has-officially-entered-crazytown-territory_122013
This is satire (for those who might think it's a real story), but with all the crazy crap going on, like spending almost an extra TRILLION a year to keep everything propped up, it might soon be reality. One messed up world of debt we live in now.
22% growth in stocks to about 4% growth for corporate profits in 2013, while FED pumps almost $4 TRILLION into the markets to keep the rise going for 4 years now. Is it just me, or does that spell "bubble" and potentially massive "trouble?"
Oh heck. HOPE AND CHANGE has the "reigns", so party on!
22% growth in stocks to about 4% growth for corporate profits in 2013, while FED pumps almost $4 TRILLION into the markets to keep the rise going for 4 years now. Is it just me, or does that spell "bubble" and potentially massive "trouble?"
Oh heck. HOPE AND CHANGE has the "reigns", so party on!
22% growth in stocks to about 4% growth for corporate profits in 2013, while FED pumps almost $4 TRILLION into the markets to keep the rise going for 4 years now. Is it just me, or does that spell "bubble" and potentially massive "trouble?"
Oh heck. HOPE AND CHANGE has the "reigns", so party on!
Does anyone remember a period where the markets have risen so systematically, with little to no correction along the way for such an extended period of time? It's beyond bizarre how the uber-rich banksters have taken control of the markets. Buffett making the equivalent of winning a $500 MILLION lottery EVERY 2 weeks for all of 2013? Is this normal, even by today's standards? The gap between the super rich and poor has never been so lopsided. Everyone in the market cannot make this kind of free money forever. It must be some heck of an exit plan. Perhaps the first guy out gets a .38 to the head this time, so they all remain in?
Does anyone remember a period where the markets have risen so systematically, with little to no correction along the way for such an extended period of time? It's beyond bizarre how the uber-rich banksters have taken control of the markets. Buffett making the equivalent of winning a $500 MILLION lottery EVERY 2 weeks for all of 2013? Is this normal, even by today's standards? The gap between the super rich and poor has never been so lopsided. Everyone in the market cannot make this kind of free money forever. It must be some heck of an exit plan. Perhaps the first guy out gets a .38 to the head this time, so they all remain in?