Financial topics

[Higgenbotham]

Big but common error.

He does, although the dollars are out there somewhere in the rest of the world and the rest of the world still pays. They have to end up somewhere because the US can buy whatever it wants with the dollars it prints, as the world financial system is currently structured. The day a country says "we don't take dollars for our goods" is the day that changes. What I think he really should have said is anyone who shows up with dollars to buy Chinese goods gets to buy them, even though some of those dollars may have come off of the QE printing press, and therefore the loss of value isn't felt directly in the US.

[aedens]

Yea your right Higg on the leverage to be crushed kiddys. The leveraged clowns are getting murdered just as Art noted as the calls come in again as before maybe it appears. The old bulls will walk in and will rip them to pieces to what they want to keep. Miners could get kicked in groin again who knows but we know better on that since we are in the that zone reference time again. Sooner than later it appears on my myopic july metal view as I seen - be patient now indeed. Wait for it since the paper damn will burst and if you look at it they just may allow it, since they cannot stop it anyway. No clue what these monsters are allowed and up to.

[vincecate]

He does, although the dollars are out there somewhere in the rest of the world and the rest of the world still pays. They have to end up somewhere because the US can buy whatever it wants with the dollars it prints, as the world financial system is currently structured. The day a country says "we don't take dollars for our goods" is the day that changes.

If things have not already changed by then, they will change when the Chinese or Arabs start saying "we don't take dollars for our goods". This day will come. Probably in the next 3 years.

What I think he really should have said is anyone who shows up with dollars to buy Chinese goods gets to buy them, even though some of those dollars may have come off of the QE printing press, and therefore the loss of value isn't felt directly in the US.

Yes, this is a clearer way to explain it.

[aedens]

http://dolarblue.net/ dirty float abound guys never forget that circular logic. chicoms and agentina are
playing with fire since who makes what and the consumer will decide. We discused value and ethics.
I stopped at cratering. When push goes to shove who do want in the life boat.

As we noted formost
I believe that you are correct; in this environment it is not predominantly about stock market valuation or growth, etc., but about internal looting and warfare also known as the 14th Century model or the wasting process. When the bones of one sub population have been picked clean, they move onto the next.

The hard landing for the baker and blacksmith are not the same are they. Be patient on the next trades.
Rotten fish head all over sure as hell does not help. The senate and the office fish heads are all rotting off.
maybe some day they will figure this out but the sickness is the damn voters

[Higgenbotham]

The hard landing for the baker and blacksmith are not the same are they. Be patient on the next trades.

Good reminder. It would not surprise me if silver bottomed tonight and we never see these prices again in our lifetime. I'd give it 50/50.

I looked at that Jaws of Death pattern and decided there is no way I can commit to sitting short for the next 100 points up. I will have to continue moving with the market and am doing so again tonight. I am small enough to be able to, which is one of the only advantages of being small.

[vincecate]

Seems company share buybacks are a big part of what is going on. Most since 2007. Hum, what happened after 2007?

http://www.nbcnews.com/business/big-rea ... -1C9989316

[aedens]

I agree Higg - things are not as they appear.
The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. Vladimir Lenin
We don't let them have ideas. Why would we let them have guns? Joseph Stalin
Always remember the first rule of power tactics; power is not only what you have but what the enemy thinks you have. Saul Alinsky
Barack Obama promised to run the most transparent White House in history.

Inkjets cannot print nominal wage recovery which fuels the left morbid fascination.

http://articles.chicagotribune.com/2013 ... -insurance

Reality will crush the ink in Energy and crude soon. Nominal wages as we noted decimated the herd over the winter as energy poverty.
Soon enough the implosions cannot be denied. You cannot print reality and cost structures with 50 million on food stamps to pay stsatist illusions

[aedens]

I seen one straight arrow - Support at $19. That is when I cover.
That is when I take delivery. I will pick some up along the way also from the paper tigers.

Needless to say, a number of republican authors from Polybius to Machiavelli and Rousseau regarded luxury as a danger to the survival of the polity. This is why it is difficult to indicate precisely the sources of Sismondi’s logical chain beginning with liberty, passing through commerce and luxury, and ending with decay. Classical, Commonwealth, and Renaissance writers seem to be more likely candidates than 18th-century philosophers like Montesquieu, Rousseau, or Millar, because of the character of cyclical recurrence of Sismondi’s sequence. Although Sismondi did not set virtus against fortuna, he showed a bitter awareness that free governments were frail arrangements subject to relatively rapid decay, even leaving aside the effects of commerce. It seems that liberty rests on a positive moral tension which by its nature cannot last long. It is worth noting in passing that Sismondi’s ambivalence about the moral consequences of commercial society had remarkable British counterparts.

Given the nature of today the future is the only solution to entrust. As we noted here value equats ethic. Not one polity is true today as the Sun lifted
today. I must leave it to the children under his measures.
https://www.youtube.com/watch?v=1DsH3NKGbu4
http://www.biblegateway.com/passage/?se ... rsion=NKJV liberty is defined many times in life

[aedens]

0.88(4.11%) somebody made a overnight killing, strange days indeed on commoditys some might say.
Gold's Best Day In 11 Months As Stocks Close Red - Only 8 Hours To Wait 'Til Tuesday Though. ty t

http://www.chroniclesmagazine.org/2013/ ... ladelphia/

He got life, we have the still have the blood guilt.

After all, one of Barack Obama's signature issues in the last election was his support

[Higgenbotham]

The crash in gold and silver was a generational selling panic that followed the pattern of the 1929 stock market crash. By my calculations, if the pattern had been followed exactly, the panic lows would have been reached tomorrow, but they were reached today instead, and the crash in gold and silver is over.

It's possible gold and silver will go lower later if the Fed is brought under control and the hyper money printing is stopped, or if there is a deflationary collapse. But I don't think they will for several months at least.