Financial topics

[aedens]

The Bulls want to test Mays peak and push through It appears. I think the 12th may be the top of it.
The overshoot makes sense as MENA is basically on fire now.

[Higgenbotham]

The sad and pathetic thing about all this is some parties, for example pension funds, have legitimate needs to be positioned in these markets, Bernanke sensation or no Bernanke sensation. The loser is ultimately the taxpayer and the pensioner. The speculators can wait and pick and choose, but why should Bernanke move markets to favor speculators and insiders over hard working pensioners who need their retirement money intact and have already been losing?

[gerald]

The sad and pathetic thing about all this is some parties, for example pension funds, have legitimate needs to be positioned in these markets, Bernanke sensation or no Bernanke sensation. The loser is ultimately the taxpayer and the pensioner. The speculators can wait and pick and choose, but why should Bernanke move markets to favor speculators and insiders over hard working pensioners who need their retirement money intact and have already been losing?

I am sure most of us on this board know the answer

“When elephants fight only the grass gets trampled.” It eloquently expresses the despair that ordinary people feel when the people who claim to represent their interests fight over them.
and
"When a country promises massive benefits to its citizens, or to its major corporations, that raises the prices of the goods that are produced in that country. Raise minimum wage and the cost gets passed onto consumers through higher prices. Raise taxes, increase legislative overhead, you name it, prices go up." -- just look at the value of the dollar over the years ---

http://scholarsandrogues.com/2007/05/07 ... -trampled/

[gerald]

The following chart shows that money has been flowing out of
stocks into bonds for the last five years. But the red bar
on the far right shows that the bond market is collapsing,
but the money is NOT going back into stocks.

One possible investment where this money is going, is into quality productive non irrigated agricultural land. ( This type of land appears to be mentioned more frequently as an investment vehicle then before. The problem for most investors is the barrier to entry is fairly high ) My sources indicate prices are still increasing, sometimes to illogical levels ( that is current rates of return of less than 2% annually )
Of course land can't be printed and it is not mobile, which could be a down side.

side note - in some counties in Iowa, those having high quality land, investor ownership is close to 70%. This does benefit the larger farm owner operators since they can then lease land and reduce cost through depreciation and efficiency of equipment over more acres. Also farmers tend to pay more for quality land then investors.

[aedens]

Qvt Associates Gp Llc who is 10% Owner at Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN), bought 445,209 shares at $6.30 per share for a total value of $2,804,817.
The shares recently traded at $6.29, down $0.01, or 0.16% since the insider buy. 52wk Range: 5.42 - 11.36

Opko Health Inc (AMEX:OPK), bought 15,000 shares at $7.22 per share for a total value of $108,278.
The shares recently traded at $7.31, up $0.09, or 1.25% since the insider buy.

On April 24, 2013, OPKO Health, Inc. (OPK) and PROLOR Biotech announced that the companies had signed a definitive merger agreement under which OPKO will acquire PROLOR in an all-stock transaction. Under the terms of the agreement, which has been approved by the boards of directors of both companies, holders of PROLOR common stock will receive 0.9951 shares of OPKO common stock for each share of PROLOR stock.

[aedens]

G you are correct on despots trampling rights on the lense of history. What we are seeing is elephants stomping on dogs since the elephant it has a flea on its back. I enjoyed the observation of the fx traders gray matter study you forwarded. If you trend the current kill switches of the economics trends as we have here, the sanctioned cartels want you in sector specific funds only. If you note the cluster node formations ongoing and we supplied that information also the barrier costs erected still trend and will continue to the extent clearing mechanisms of the mindset that shocks are induced since even the FED is servile to there masters now. I still find that the public just cannot connect the dots on the cra from 1993 and the current aca surety constructs. At least the BOE had the sense years ago to go public so there transparency at least appears to be cogent public narrative ongoing. The effects of gradualism are apparent and the inmates are indeed running the prison in the Bureaucratic swamp and at times we still need to remember I have not seen the west coast or east coast invaded with oceanic swimmers taking over there Elysium they covet. They only wish to covet which is us as tax subjects and the treatment as one since less back to us is more for them called austerity. At least the Brits had the backbone to publish the whitehall study tongue in cheek on the cost study of the realm and the consequences of it to those who understood its effects.

These ambitious men were not naïve; they were overconfident about their ability to manipulate and were hopelessly outplayed.

1963 Communist Goals, Because you’re now left with unproductive, state sponsored welfare recipients that don’t produce anything that you can’t steal from them but they keep you in office. You need the hard working ox middle class to suck the blood from. When the ox makes a run for it, well, you have to find ways to stop that from happening. On the other side of that discussion the FDIC forwarded the new model since maybe they understood the tranches as bleeding arterys to the city of london are no accident. This was from the BOA dumping the derivitive bomb on the taxpayers and that issue still is suspect going forward to many given the amount.

Here we are with the cool aid from the source: asymmetric paternalism, states that paternalism should be invited if it bestows large benefits on those who make errors in judgment while imposing little or no harm upon those who are fully rational. While some may argue that this benefit to shortsighted consumers comes at the expense of retailers, it can be posited that correcting these errors in judgment enhances economic efficiency to the benefit of both parties involved. Given that achieving such change is a difficult process, it is helpful to understand the dynamics of an individual’s desires and the strategies that can effectively control them, AEA Papers and Proceedings, May 2003.

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. http://library.mises.org/books/Ludwig%2 ... 0Chaos.pdf

From the earlier notes we are on the onramp period it appears between 1933 to 1937 and have been reminded that the thought may be misguided.
Ok that fine, until we reach that moment the foorprints as we know here are at time something to note.

IMO

[gerald]

People want free be's, but when it doesn't come, but gets worse ,it gets nasty.
Coming soon, to a town near you.

[aedens]

I cannot discount that effect but consider the energy margin thought maps we offered here in various contexts.

So one Austrian steelmaker decided to construct a plan in the US based on the availability of copious and cheap natural gas. But it isn’t the only foreign company to dip its big ladle into this resource. Since natural gas prices hit rock bottom in early 2012, a number of companies, American and foreign, have announced plans to build facilities in the US to take advantage of what they consider a natural gas nirvana – and not just those that use gas as energy, but also those that use it as feed stock for the production of chemicals and fertilizers.

% Held by Insiders is my first view and drill down from there to value.

Why the stables need to be totaly flushed out Senator X: How about that guy who bought a small property in upstate New York .... it had a pond .... the Feds said it was protected wetlands .... and he was responsible for maintaining it in it's natural state .... next year .... the state of New York .... doubled his property taxes .... because they discovered he had a waterfront property ?

Mom and Pop and 40 million dollar epa fine threat http://www.wnd.com/2011/09/348077/

Inflation is theft since it is based on net working capital as the land owner can attest to as hidden taxes are paid by 47 percent who will insure Republicans are extinct since they are roved anyway, and we moderates will see to it. Meanwhile when you democrats pull your head out of the dark smelly places we do not want to pay for give us a note on how you plan to survive with your special powers to spend others people money until the fungible facts of capital remind you. Tick tock 2014 as the aca reminded the swamp some cannot stay since the market is a share of reality not hostages looking for an out.

http://www.amazon.com/gp/product/B00CO4 ... s-os-doi_0 tick tock

http://www.zerohedge.com/news/2013-07-1 ... on-matters row well 41

[aeden]

http://reason.com/blog/2013/06/13/nsa-l ... a-higher-a

QRE AUY LINE BBEP ERF RTI NLY ERC AGNC PDH ERF AT VNR PBA WCP.TO VNRAP

trimmed the garden today except the last four.

[Higgenbotham]

Notice it wasn't exceeded for 2 years after the US debt downgrade.
Yea still spinning a plate in the head on that H.

This matches your timeline for today or tomorrow. I'm already short from about 10 points lower. That second move into July 7, 2011 looks a lot like what we just saw...

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