Financial topics

[Higgenbotham]

Whitney, known for her bearish views on the market, and in particular bank stocks, is now singing a different tune. When asked whether she would buy stocks now, even as the Dow has hit a series of record highs this month, she said “without a doubt.”

“I have not been this constructive, this bullish on the U.S., on equities in my career,” Whitney said.

Whitney joins a growing chorus of analysts and investors who have become more optimistic on U.S. stocks even as the market has more than doubled over the past four years and sits in record territory. Earlier Monday, one of Wall Street’s biggest bears — Morgan Stanley strategist Adam Parker — significantly boosted his S&P 500 year-end price target. Analysts at Goldman Sachs and Deutsche Bank also boosted their forecasts for U.S. stocks.

http://blogs.wsj.com/marketbeat/2013/03 ... arketsMain

[aedens]

It is amazing how they acept the yoke of neo fuedalism and never learn since this time is different again to some minds. As reminded some took the time to convey it before as the world slipped into darkness. As we know if we like it or not the consumers are merciless. The corruption of the regulatory bodies does not shake his blind confidence in the infallibility and perfection of the state; it merely fills him with moral aversion to entrepreneurs and capitalists. No one should expect that any logical argument or any experience could ever shake the almost religious fervour of those who believe in salvation through spending and credit expansion. The final outcome of the credit expansion is general impoverishment. By short-circuiting the price mechanism and forcing people into economic lives contrary to their own chosing, central planning destroys the capital base and creates economic randomness that eventually ends in killing prosperity. The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are. For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.

[John]

Typically, the forum shows 2-6 guests active within the past 5 minutes.
If you multiply that out over the course of a day, there may actually be
several hundred people reading this on a daily basis.

[aedens]

http://finviz.com/search.ashx?t=c&p=COPPER not stable yet
http://finviz.com/quote.ashx?t=cbi&ty=c&ta=1&p=d will buy on decent pull back

National Bank of Greece SA (NBG) NYSE 0.8910 (-7.19%)
http://www.zerohedge.com/news/2013-03-1 ... s-oh-irony alittle more texture to some facets.

Republicans on there way to losing 2014 it appears http://taxvox.taxpolicycenter.org/
Also democrats are a massive issue
To the Democrats who so enthusiastically embraced our analysis, thank you for your support. However, we did not say what you wish we had said.
To start, TPC did not analyze any specific tax proposal because the House budget does not include one.

Both are lepers colonys in large.

[tim]

I am a daily reader.

I am a Millennial, I have nowhere near the financial experience anyone here has but I understand Generational Dynamics and know something bad is coming. My grandmother who lived through the depression always said another depression would come.

I don't have anything important to add, but enjoy reading the posts from the regulars here.

John and Higgenbotham, we know what is coming - my question is why does nobody here discuss on how to prepare for it?

Higgenbotham repeatedly talks about the coming dark age - which I do not disagree with but I have yet to see anyone mention anything about getting ready.

You guys have the intelligence and foresight to predict the future more accurately then anyone throughout history - why not use this some of this knowledge to get yourselves prepared?

While there are no guarantees that any of us will survive, there are many out there who have hope.

Start with this article: Thriving in the Age of Collapse by Dmitry Orlov
https://docs.google.com/document/d/1E9t ... edit?pli=1

My premise is that the U.S. economy is going to collapse, that this process has already
begun, and will run its course over a decade or more, with ups and downs here and there,
but a consistent overall downward direction. I neither prognosticate nor wish for such an
outcome; I just happen to see it as very likely. Furthermore, I do not see it as altogether
bad. There are some terrible aspects to the current state of affairs, and some wonderful
aspects to the post-collapse environment. For example, the air will be much cleaner,
there will be no traffic jams, and people will have plenty of time to devote to their children
and to people within their immediate community. Wildlife will rebound. Local culture will
make a comeback. People will get plenty of exercise walking around, carrying things, and
performing manual labor. They will eat smaller and healthier diets. I could go on and on,
but that is not the point.

[aedens]

Tim if you get some time.
http://transitionvoice.com/

[Trevor]

I am a daily reader.

I am a Millennial, I have nowhere near the financial experience anyone here has but I understand Generational Dynamics and know something bad is coming. My grandmother who lived through the depression always said another depression would come.

I don't have anything important to add, but enjoy reading the posts from the regulars here.

John and Higgenbotham, we know what is coming - my question is why does nobody here discuss on how to prepare for it?

Higgenbotham repeatedly talks about the coming dark age - which I do not disagree with but I have yet to see anyone mention anything about getting ready.

You guys have the intelligence and foresight to predict the future more accurately then anyone throughout history - why not use this some of this knowledge to get yourselves prepared?

While there are no guarantees that any of us will survive, there are many out there who have hope.

For one thing, anyone who is able to prepare for it on this site is preparing for it. Another point I have is that some of us are in a position where there's very little we can actually do but watch. If you don't have a lot of money, or any easy way to pay down debt in a short period of time, what can you do? I've been wondering that myself and welcome any suggestions, though my personal options are limited.

[aedens]

plan 1 week ahead then 2 then 4 ... refuse to have debt over 20 percent of all you are.

[tim]

I am a daily reader.

I am a Millennial, I have nowhere near the financial experience anyone here has but I understand Generational Dynamics and know something bad is coming. My grandmother who lived through the depression always said another depression would come.

I don't have anything important to add, but enjoy reading the posts from the regulars here.

John and Higgenbotham, we know what is coming - my question is why does nobody here discuss on how to prepare for it?

Higgenbotham repeatedly talks about the coming dark age - which I do not disagree with but I have yet to see anyone mention anything about getting ready.

You guys have the intelligence and foresight to predict the future more accurately then anyone throughout history - why not use this some of this knowledge to get yourselves prepared?

While there are no guarantees that any of us will survive, there are many out there who have hope.

For one thing, anyone who is able to prepare for it on this site is preparing for it. Another point I have is that some of us are in a position where there's very little we can actually do but watch. If you don't have a lot of money, or any easy way to pay down debt in a short period of time, what can you do? I've been wondering that myself and welcome any suggestions, though my personal options are limited.

There is plenty you can do to prepare without spending any money.

Generational Dynamics predicts nuclear war and that every nuclear weapon will be used before its over.

Explore the forests and national parks around you. Maybe there is an abandoned mine, cave, cabin, etc. that you will be able to use for cover if the cities get hit.

While it will be a drastic change from what you are used to, people have lived like this before.

Get this book: http://www.amazon.com/Eat-Trees-Linda-R ... +the+trees

Linda Runyon "roughed it" in a homestead in the Adirondack Mountains of upstate NY for many years, learning to depend on the land to provide her family's sustenance. The very trees around her became at once a source of food, inspiration and other survival needs. Let Linda show you this way of life through instruction and anecdote so that you, too, may find the sustenance you need from the trees.

The author, her husband, and her child lived in a cabin by foraging for wild plants and eating tree bark.

There are also clues and wisdom left behind by the Greatest Generation - the book "The Day After World War III" by Edward Zuckerman
http://www.amazon.com/The-Day-After-Wor ... 0670258806

The book contains some details of the Greatest Generation's plans to survive nuclear war (they had plans to completely evacuate New York City in 2 weeks). I am sure that many of the government programs and plans they have set up have long been discarded (after all war will never happen again...) but regardless the book allows you to see what they were planning.

Where there's a will there's a way:

For 40 Years, This Russian Family Was Cut Off From All Human Contact, Unaware of WWII
http://www.smithsonianmag.com/history-a ... 43001.html

[Trevor]

There is plenty you can do to prepare without spending any money.

Generational Dynamics predicts nuclear war and that every nuclear weapon will be used before its over.

Explore the forests and national parks around you. Maybe there is an abandoned mine, cave, cabin, etc. that you will be able to use for cover if the cities get hit.

While it will be a drastic change from what you are used to, people have lived like this before.

I'll need to brush up on my survival skills, since I know next to nothing. Fortunately, I don't live near any major cities and am not likely to be a target of any nuclear weapons. I know of a couple mines relatively close, but they're so toxic that they've been declared superfund sites. I know you can eat the inner bark of pine trees, but that's about the extent of my wilderness skills.

It's something I'll need to do a lot more research on, at least if the collapse happens before the war. If not, I'm of the right age to be on the front lines, which is likely according to Generational Dynamics. I think it'll be more after the war is over than before it.

However, there is one thing all of us can count on: our government is not going to be able to do much, if anything, to help, if the incompetent response to Hurricane Katrina and Hurricane Sandy is any indication.