Generational Dynamics Forum - New Site

Finalized asset exiting plan since America has been pillaged by layers of criminal elite some convey or business as usual.
http://www.presidency.ucsb.edu/ws/?pid= ... z1y6FRQw9U
The purpose of the order and the legislation was to decrease the circulation of Silver Certificates with Federal Reserve Notes taking their place.
http://tragedy-of-the-commons.blogspot. ... lemma.html
http://johnmalcolm.me/2012/04/07/the-ob ... e-numbers/

Today's Hussman article is very good. It is on the stock market and on Europe's crisis.

http://www.hussmanfunds.com/wmc/wmc120618.htm

vincecate wrote:Today's Hussman article is very good. It is on the stock market and on Europe's crisis.

http://www.hussmanfunds.com/wmc/wmc120618.htm

http://www.hussmanfunds.com/theFunds.html
thanks for the link

exhaustion syndrome, and the deepest decline from that point to the low of the next 7 months, on a weekly closing basis, were: November 1961 (-25%), August 1987 (-33%), July 1998 (-18%), July 1999 (-12%), August 2000 (-22%), May 2001 (-24%), March 2002 (-32%) and May 2008 (-43%). There were also two instances of this syndrome that were not associated with a market plunge: January 2006 during the housing bubble (which ultimately led to a market collapse well below those levels), and November 2010, just as the Fed was initiating QE2 (which still did not prevent the market from trading at lower levels about 9 months later).

http://papers.ssrn.com/sol3/papers.cfm? ... id=1852828
read page eight and the hill chases who and when?

We found, however, that both relations broke down when trying to describe the data since 2009.
Our overall conclusion is thus consistent with most of the previous literature we find little
evidence that commodity index fund investing is exerting a measurable effect on commodity
futures prices.

back to debasement which we already posited.... to many dollars chasing beta IMO

aedens wrote:http://www.hussmanfunds.com/theFunds.html

It took me a long time to learn this, but looking at Hussman's returns I can share some experience. If someone were to spend 12 years full time watching markets, which is how long Hussman's returns go back (I've spent almost 10) it would be probable that person would be able to return more than 10% per year (and probably substantially more) without having any opinion about the market at all, but trading based on their experience of how and when markets move relative to themselves and each other, and what kind of volume patterns precede changes in market direction.

Higgenbotham wrote:

aedens wrote:http://www.hussmanfunds.com/theFunds.html

It took me a long time to learn this, but looking at Hussman's returns I can share some experience. If someone were to spend 12 years full time watching markets, which is how long Hussman's returns go back (I've spent almost 10) it would be probable that person would be able to return more than 10% per year (and probably substantially more) without having any opinion about the market at all, but trading based on their experience of how and when markets move relative to themselves and each other, and what kind of volume patterns precede changes in market direction.

Food for thought H
http://mba.tuck.dartmouth.edu/pages/fac ... brary.html

Not my cup of tea
http://falkenblog.blogspot.com/2012/06/ ... olios.html

As near as I can tell the government makes the central bank print money and buy government debt in nearly every hyperinflation (there have been some where there was not a central bank and government just printed). The previous laws and rules governing the central bank are broken, ignored, or changed, or all 3.

Peter Schiff posted a link to someone who points out that Greece has been printing Euros and has all the equipment needed to print whatever they want. If the government of Greece sees no other way than to print money, they might print Euros even if the rules say they are not supposed to.

I think this would be consistent with previous hyperinflations where rules on printing money were broken or ignored.

-- Vince

http://www.europac.net/voices/what_if_g ... Content%29

Actually "printing" money no longer works. There isn't any way Greece can pass 1,000,000 EURO notes, and anything smaller won't help them much. When money inflated as economies grew and reached a point where you talk about even small countries debts in terms of trillions, then actual printing isn't of much use. Manipulating electronic digits is, but that's blocked by the route they have to use to do this, the bond markets. I suppose it's ironic that paper money has become such a small part of the economy that it can't really factor into inflation any more, but that's the actual situation on the ground. Greece can certainly trickle in a few extra billion in cash, but that's not of much help to them and being caught inflating the EURO would result in some real fury. Could be WWIII starting right there over any such policy. To pay off even 1/2 it's debt would require about 100,000 of those million EURO notes. You can't slip that into the banking stream and not get caught.

It would be kind of funny if they really did try to print physical EUROS in the current high denomination bills in such quantities. Banks would be complaining about excess physical inventory in a couple of weeks, and then the riot would start.

OLD1953 wrote:Actually "printing" money no longer works. [...] Manipulating electronic digits is, but that's blocked by the route they have to use to do this, the bond markets.

What governments almost always do is have the central bank buy government bonds in the bond markets. Printing money still works, you just have the additional option to do it on a computer and save paper. Stay tuned, I think there will be a real life demo in the coming years.

OLD1953 wrote:Actually "printing" money no longer works. There isn't any way Greece can pass 1,000,000 EURO notes, and anything smaller won't help them much.

When a press makes paper money they seem to make sheets with maybe 10 notes wide and 5 notes high, or 50 at a time. If the press goes once per second or 3600 times per hour, then in 24 hours you have a lot of notes. Clearly you want to print $500 Euro notes. So we are looking at:
500 * 50 * 3600 * 24 = 2.16 billion Euro per day per printer.

Now an operation that prints money must have at least 2 printers, in case one breaks. Probably more, but lets estimate they do 4 billion per day. Now sure they have $100 billion in bonds out, but those bonds are probably trading at 10 cents on the dollar these days (someone know?). So it might be possible to buy them up for like $10 billion. So maybe you print for 2.5 days and have enough to buy up all the bonds. Even if there is no discount on Greek bonds (really?) it would still only be 25 days to print enough, with just 2 printers.

I really think printing paper money still "works" at the moment.

The regular Greek government lied to the world about their deficits for a decade and got away with it. In this crisis, with a more radical bunch running things, they might just try printing Euros. Probably they give their local bank some bonds to make it all seem fair, like they are just buying Greek bonds.

http://www.inthesetimes.com/article/379 ... th_column/

The one you feed.
Europe will implode as will we as we are. I was reading a tract from 1927
and they knew then the issues was 90 percent resolved. It is not about how but when
more ditches are only dug to be filled.