Sunday, May 21, 2017

EVERYONE FROM THE LICENSE BUREAU UP TO THE PRESIDENT IS IN ON IT

ITS BECOME A MONSTER! Everyone is in on it. Of course you know all about the CIA and military industrial deep state, but what IS the entire deep state. Are you in the deep state? Many in the lower levels are so compartmentalized by the Deep State, they actually think they are against it.  They have their very livelihood dependent upon a monster created to enslave all of the World. THEY are the monster and don't even realize it. Do you think they will destroy their very existence for the betterment of the "other" 90%? Just because you are in a "private sector" doesn't mean that you are not Deep State. I'll bet if you asked the average Boeing or Lockheed Martin employee if they were in the deep state, they would be offended.

Bitcoin Climbs Above $2060 

Maybe its easy to see the 10% of the Deep State that work in the Federal and State and municipal bureaucracies, but is that "all". Let's examine the 90%. How much of the 90% is part of the "Deep State"?  What happens with the Medicare industrial complex? How many of you would fight to the end to keep those Medicare gimmees? How many of you are doctors or nurses working for a hospital making a very large salary. How about that nursing job with a two year associate arts degree that pays you six figures now? I'll bet you'll scream if Trump stomps on that sector. How about that Hospital IT job at six figures that was created by the Electronic medical record mandate. There are dozens of IT people in every hospital today as a result of that Federal job swamp. 


Commodities Bust Hits Farm Lenders, Delinquencies Surge 225%.... its all good....


How bout tackling the Social Security disaster? What do we do with the 50 million on EBT Cards? How many people administer these mandates and collect the taxes for them? How big is the tax collecting swamp. Why such a complex tax system?  Complexity creates jobs. The more rules and regulations, the more complexity. The moar complexity, the moar jobs. Its beautiful. We are now manufacturing system complexity. Its simply called malinvestment. The ultimate result of an unbacked fiat monetary system.

All-Time Record Silver Short Covering Continues!  so you better sell your physical to me now CS!!

They're able to pick the winners and losers now in "private industry". They want electric cars because they think its a "job creater". Its not environmentally friendly, but it is somewhere to dump DEBT. We can keep the "system" of fiat creation alive by picking industries the SUCK UP DEBT. Amazon...NFLX...TESLA...Solar....Wind....moar and moar and moar. All of this is "private" deep state. The deep state is everywhere you turn  and if you aren't in the deep state you're being run over by it. 

Legendary Investor Asher Edelman Says "I Have No Doubt" PPT Behind Market Rally


Privately run taxis for instance are being crushed by a debt supported Uber. Many industries are being forced out by the centrally planned free money as a debt based Deep State spreads its tentacles across the World. Free market capitalism is now becoming a quaint notion. Many of the "private contractors" are nothing more than government employees. So good luck draining the swamp. Better take a look down at your own ankles and see how deep that murky water is before you cry too loudly about the deep state.








Sunday, May 14, 2017

OOPS YOU'VE JUST BEEN SCREWED

LOL and you thought that it was all quiet on the Western Front. You've got your fresh milk and eggs in the fridge and your hot coffee in front of your computer screen with a high def look into whats happening in the world. How can things not be good?


"It Fell Off A Cliff": Morgan Stanley's Macro Indicator Just Crashed The Most Since Dec. 2008 (nahh its all good)


I'm writing this post on a Saturday and I literally could be unable to post it on Sunday. Here's a thought. What would my Bitcoin look like in this scenario. After all its another "virtual" currency backed by WHAT? How do I even have a bitcoin in these type of breakdowns? Now don't get me wrong. I like the underlying premise of bitcoin, but putting a lot of your eggs in that virtual basket has a ton of risks, so just be aware.




The threat of a global computer breakdown will ALWAYS be present. It will never be eliminated. It is always hanging over our heads and it can drop without any warning. It could be a virus. It could be a global or local power outage. It could be a breakdown in the phone delivery pipe. Its a wheel with a lot of spokes that can breakdown at any time. We all take it for granted just like we take our morning coffee being there.


So what do you do? Do you crawl in your Bunker and pull the steel door closed? Do you buy more storable food? Dig wells for water? I play golf. I spend time traveling with my family. I work at my day job. I listen and watch hours daily of financial related videos. I work out at least an hour a day on cardio while watching my screens.  My preps are in place so I don't spend time on them. I still periodically add to them, but its not a priority. IF I see a clear immediate threat then I will concentrate on Plan B and Plan C, but for now I enjoy the premise "Its all good" and pretend there is no storm lurking on the horizon. Its NOT a skippy stick my head in the sand but it works. 




Why silver? Silver is for the optimist in me. Its for the what I believe to be only a financial day of reckoning.....not a global slaughter of biblical proportions (and we may just get that). Your silver will be the least of your worries in a global apocalypse. I doubt that silver or gold will be used as currency in our future as long as the power stays up. We will be using virtual currency in the very near future. BUT beware.....these too will NOT be stores of wealth. View them as CURRENCIES. They are medium of exchanges. For now they are also great speculative investments but they are indeed SPECULATIVE. Which means "here today...gone tomorrow". Silver is an element that has properties which make it PRECIOUS! It will have even increasing value in an increasingly digital world and more importantly in a world where Currency becomes our of necessity DEBASED. 



For now I hope you all realize what's being done to us. I like the food fights and hope they entertain you as they do me. We are now living in a dystopia and frankly I don't know how it will resolve. Inflation is here and it will worsen to where it stops this unless they pull the string. So enjoy the game. I do.







Saturday, May 6, 2017

WE'RE GONNA OPEN UP A CAN OF WOOP ASS ON YOU!

Another week....another extend and pretend. Trot out the Fed speakers. Trot out the BLM bartender jobs numbers. Trot out the same old experts on CNBS to prop up the Stock buy back ponzi. To talk down Buffet's dump of IBM shares. IBM a great company that's losing Revenue for the past 10 years. But thanks to free money can borrow to buy back its OWN shares to inflate its EPS numbers. Even Buffet could see the handwriting on this one. 



This week TSLA crapped on its typical quarterly cash burn, but it was spun as a win. Apple looks like its dead money from the law of large numbers and no foreseeable innovations, but its green. Watta week! I think we can see how the malinvestment is playing out. As long as the dollar is king, it won't change. Does anyone think that King Dollar is not going to be given punch in the mouth? 




Live in the past, but realize the future is not the past. Remember the mantra in 2007. We don't see any housing bubble. We don't see any impact on the economy. We don't see any recession coming. We don't see the stock market as overvalued. We don't think their is any risk to our banking system. Surely you remember those repeated public proclamations given by our Financial leaders and Fed Speakers. Do you hear the same today? 

What I have to just laugh at is that NOW they refer to those years as "The Financial Crisis". Even though during the entire period of time.....right up until September 15, 2008 they told us there was NO  risk at all of a crisis. Even while most of 2008 was marked by one crisis after another until the final flush of Lehman. But now there is no risk of a crisis but ONLY a recovery from THE Crisis that we were told WHEN it was actually occurring that we were NOT in a crisis.  I'm not confused. Are you confused?  I think we're good. I think this is a recovery. At least its a recovery for a few million parasites on Fed spending on our West Coast and in NYC. That just might change as this ponzi gets its wake up call.


A Major Silver Bottom Is Completing
The numbers get even more interesting when you look at the silver market.  When silver bottomed in the middle of December 2015, the number of silver bulls had collapsed down to just 33 percent. 33 percent was the reading for several consecutive days from December 20-23, 2015.  Well, today the number of silver bulls stands at a meager 36 percent.  What that means is that we now have essentially the same sentiment readings as we did at the bottom of the 5-year bear market in gold and silver in 2015.

Silver And The Mining Shares Then Skyrocketed
After the 2015 bottom, the price of silver soared more than 51 percent in less than 7 months, and the HUI Gold Mining Index skyrocketed an astonishing 185 percent during that same time period.  If silver were to repeat a similar surge, that would put the price of silver above the $24 level.  If the HUI Gold Mining Index were to go on a similar tear, that would put the HUI at 333, from its recent low of 180.

Now on a good note. Enjoy the ponzi and enjoy the time you were given on the back of your children and grand children. Take the time to tell them why you were exceptional and how you spent their future. Tell them why they should go into debt for a lifetime to get a degree so that a robot can replace them. Explain it all. It'll make you a legend with your family. Don't buy silver and don't buy gold because the Fed told you so. Believe them. They don't lie. How could they ever have seen it coming? How could Ben Bernanke NEVER have seen it coming?  It wasn't his fault. It was YOURS! It wasn't his.







Sunday, April 30, 2017

ARTIFICIAL INTELLIGENCE UNAVOIDABLE MASS HUMAN EXTINCTION

Your unavoidable rendezvous with destiny. I am not arguing the merits or negatives of this change. The real question is whether you are about to become irrelevant. Think about it. Walk into any large box retail store today (please don't forget we are a "consumer" economy). Look around and what do you see the employees doing. Stocking shelves? Checking out customers? Answering enquiries? All of these jobs are currently being replaced by Artificial intelligence robotics. They don't need you. You will be irrelevant if you are employed in retail. Go to a Mickey D or similar fast food venue today and just watch. Half the jobs have already been eliminated from just 10 years ago and soon most fast foods will have eliminated 80% of their current employees with automation.




Look at farming today. We already have eliminated 90% of farming jobs over the past 50 years with automation. A single farmer can farm thousands of acres with the automation/AI available today. I know farmers that sit inside their climate controlled Tractor with a 30 inch screen watching CNBC while their computer generated grid is entered into their tractors planting/plowing/spraying. They trade options while their grid is being managed by AI.  They take care of thousands of acres with minimal hired help now.


Health care is drastically changing and will be unrecognizable in just a few years. You will enter an Emergency department and swipe you health care data into the system. You will be voice prompted and then state your chief complaint. This will trigger a series of voice prompts. Eventually the AI analysis including exam and imaging (most available now) will determine your diagnosis which may or may not be reviewed by a human. I am involved in determining the treatment and diagnostic protocals today. I am working on my own elimination. A treatment plan will be generated if you do not require further evaluation and your prescription or treatment given.  Of course human intervention will made as necessary but only if deemed so by AI or demanded by you (which will be an added cost). Think of the number of nursing and doctor hours saved. Also imagine the speed of treatment. Of course there will be significant problems, but it WILL be implemented.

Tesla Burns Through $620 Million, Loses $13,000 Per Car Made Ahead Of Model 3 Launch



Pharmacists will be reduced similarly if not more in hours. I don't recommend this field for future employment at all. It will be completely automated. 

Truck drivers will be halved in less than 7 years with AI driving.

Why do we need teachers? For that matter why have physical schools? Seriously think about it. We can use a home laptop right now and better educate virtually any age group than an average school does and in half the time or less. Not to mention the wasted minds that are resulted from poor teachers and curriculum. Think of the physical plant and transportation savings. ENORMOUS. But what about the teaching jobs? Where will we be able to create the replacements for their jobs?


“There is no cause to worry. The high tide of prosperity will continue.”
Andrew Mellon, Treasury Secretary, September 1929 


This wave of disruptive technology is happening right now. Its accelerating and its going to be staggering in its effects on our social and economic impact. AI will evolve rapidly. Its rapidity will be devastating. As Elon Musk and Stephen Hawkins have already publicly noted it has the potential to eventually destroy mankind on Earth. Musk recognizes the danger down the road, but very few recognize the immediate danger of what is about to take place economically. Just try and stop it. You cannot. What you better work on is how you can adjust to it and profit from it. Think in terms of where it will create needs. People will gravitate towards areas of needs that are only just now appearing. 














Saturday, April 22, 2017

LE MOMENT OF TRUTH OR LE SHIITE HITS THE FANDANGO

And you thought it was going to be all settled with Trumpexit. And I'll bet you also thought that Brexit would put a silver bullet in this monster. China tried to kill the monster with a sneak devaluation in August of 2015 and all they got for their trouble was a rod of god up their yen yang. Now we have the vaunted French socialists taking on the cabal. These  were the progenitors of the original Revolution for equality and democracy. What most today are unaware of were the seeds of the Frenchy disenchantment. I know you won't be surprised to learn that it was all another Banker battle. Of course those seeds were planted into a very deeply indebted society with horribly unequal taxation on the lower class which is our "working class" today. They were tired of the war and the inequity of the noble class. The masses were burdened by a bureaucracy composed of nobility, bankers, catholic clergy, and bankers. Government was legalized corruption robbing the masses with over taxation. 


"Throwing In The Towel" - US Stock Market Shorts Hit 10-Year Low


To legitimize their control of the peasantry they tried to control the press through multiple propaganda methods including falsifying economic reports. Poor harvests and resulting famine eventually forced the hand of the peasants as their belly's told them otherwise. The final collapse ushered in Napoleon and the military control of the country and of course ......tada......WAR.....and WAR.....and more WAR.






Stocks Stumble As Treasury-Bill Curve Inverts. 'Animal Spirits' Slump

 
Debt, Corruption, Taxation, ....WAR..... Its the age old game plan for wealth extraction from an ignorant public. The French were conned into just another wealth extraction scheme with a few deserving politicians losing their heads to the guillotine to satisfy the public's blood lusts. No tears were shed for them but what about the ten's of thousands slaughtered in the following wars as the bankers created even more debt and more power consolidation? No one cares because they don't comprehend its diabolical brilliance.


Crashing Canadian Mortgage Lender Bailed-Out By 321,000 Retired Ontario Healthcare Workers


The public really are sheep. You just let them grow fat and sheer them every few years for their wool and when they get too fat and too old you just kill them and eat what meat is left on their bones. You really can't allow the public to participate in the really important decisions to be made in running their country. They're too stupid. Participatory democracy cannot work in the truly deep state of control. That decision making has never really been in the hands of the public. It has always been just an illusion. They give you flags. They give you symbols of pride. They give you great national songs. They create your entertainment and other diversions so you will accept your plight.  Then they'll harvest you. They will extract you, then they will eat you.

No wonder they smile at the kabuki theater. They script it. Now you know why students of their game plan like Putin go to the most Holy site in Russia to pray before taking on the cabal. He is not a sheep. He knows the power he faces.

So what do  you do? You have to realize that going into the chute is not in your best interest.  Pay attention to your own particular situation. Your mental well being will be tested. You have to find what suits your mental health. I have hobbies and I have work I enjoy. I participate with my children and have family dinners. Your health will need to be addressed. You have to exercise daily and watch your diet. NO GMO. Try and have a network of friends. You will need them.  Do not get caught up in the Kabuki theater. Don't think that Tesla S is going to get you to safety. Your safety will have to be within a day's hike of where you live now.

Sunday we have a Frexit vote. I could really care less. The cabal may use "any" outcome to hammer the metals. On the other hand, if  the physical metal is pressuring the paper price then we could se a spring loaded upward break out here. Eventually the move will be up through 1300 to the 14 handle, but I will not get trapped in their theater worrying where it goes in the near term. One day you'll look back and wonder why you didn't own more physical.  

The power outages around the U.S. on Friday were beta tests. Expect the real deal to be without warning and devastating if they choose that switch. I think it would satisfy their goals so plan accordingly. gl













Sunday, April 16, 2017

4-D CHESS AND CHOCOLATE CAKE

Watta week of intricate political intrigue. How can you not be impressed by the magnitude of obtuse political signals emanating from the greatest military power on Earth? After all, we just came out of the "most transparent" administration in our history. Now we have the purveyors of the "best chocolate cake" and "4 D Chess playing". I don't know about any of you, but I stand in awe of the multitude of signals coming out of DC.

With Respect To Gold & Silver
With respect to gold and the unofficial/official Administration endorsement of a ‘not strong dollar’ in addition to every other single country in the world who also wants a weak currency, I’m upgrading my view point on gold and silver from buy to pound the table buy. Both are now above their 50, 100 and 200 day moving averages and at 5 month highs. KWN Peter Boochvar


In fact, if I am a tinhorn political dictator with a few nukes in my pocket, then I am quaking in my boots. I don't know if I'm going to have a "Rod of God" put down my pie hole or a "Mother of all Bombs" dropped on my pointed head. Well hell.....maybe I should give up my nuclear weapons to the Don. Wait....that didn't work out too well for Kadafi. They got him to play ball and drop his chemical weapons and then sodomized him with a sword for a painful hemorrhoidectomy.  From my point of view, it seems that backing a paranoid dictator into a corner is a dangerous chess game. Especially with a Westernized city throwing distance from his conventional artillery, not to mention his nuclear weapons.

I particularly like flexing our Naval power off the North Korean and Syrian coasts. Maybe they could paint large bullseyes on their sides and pretend they are floating targets.  We could use these anachronisms for a distraction to see what kind of surface to surface missile systems they have. A missile strike on one of our carriers could really galvanize the public's patriotic juices and send CNN ratings through the roof. The Don's ratings will soar with the beat of war drums. With the left already endorsing war, and the establishment historically on board with any foreign killing field, the Don can't lose. 

Can you imagine the press conferences. You'll have three rows of Four star generals standing with the Don. All of them adorned in in beeeutiful blue suits adorned with gold and metals and ribbons. Maybe we'll have great chocolate cake for the press for a new battle precedent. Like the great battle journalist Brian Williams said last week.....this is just beeeutiful. 

As many of the people smarter than I are saying on the right and alt right...... this is all 4D chess and you need to wait and watch just how this all plays out before you judge the Don. Okay.... I'll wait. I'll wait just like I did 8 years ago when I saw the most transparent administration in history start their trek into history in a very similar fashion. I kept waiting for the banker arrests. I kept waiting for the drones to stop bombing and for the troops to come home. I suppose I just don't understand how 4D chess works. gl you're gonna need a lot of it.







Saturday, April 8, 2017

A BEAUTIFIL MISSILE ATTACK

In case you missed it I just had to replay Brian  William's poetic description of the missile attack on the Syrian airbase. You know. The same Brian Williams that single-handedly defeated and captured Sadam Hussein and killed six of his bodyguards with a knife. Its funny how you can dance on the stage for your handlers when they threaten to take away your 18 million dollar salary. You're able to wax poetically about death and destruction on MSNBC as though you were describing a new Ferrari in your six car garage. Isn't that right Brian?

Price Manipulators Losing The War
Paper trading and the multiple impact from leverage made possible from futures contracts and other derivatives is used by the price manipulators to force the price of gold and silver lower from time to time. And they are successful by occasionally winning a battle, like they did on Friday. But keep this in mind: F
rom their December, 2015 low prices of $1,046 and $13.63, gold and silver have since risen 20% and 31% respectively. In other words, the bull market in the precious metals is alive and well, and the price manipulators are losing the war.


I feel warm and "gushy".  Now we have a true war time President. One that all of us can be proud of. One that Lindsey Graham and Big John Mc Cain can rally around. Now all of the "true media" can join in the praise of a truly powerful man that can take quick action when needed. Without hesitation our country WILL respond with POWER and DEADLY FORCE when  innocents are lost. We don't need to discern what might be the truth behind the gassing with needless details. We are prepared AND READY to act.


South Korean Paper Reports China Has Deployed 150,000 Troops To North Korea Border




As some of the Don's supporters have said in trying to analyze his quick trigger, this was a message. This was a carefully crafted and planned message for Zi Wu Phat the Chinese Premier just as he was having dinner at Murry Legos in Florida with the Don. The logic goes like this. "China knows we're serious now and we'll blow them to hell if anyone crosses us". I'm sure China got the message.


Traders "Swoop" On Stocks, Oil Rises For 8th Day But Bonds Still Don't Buy It


I'm not very bright and I suspect that I have good company in that regard in High Places in our country, but I did learn a long time ago that if it walks like a duck and quacks like a duck then its probably a duck. gl











Sunday, April 2, 2017

WHAT DOES A USED CAR CRACKUP FORETELL?

Why in the hell do you care? What difference does it really make? After all doesn't anyone know all you have to do is print more money to make any economic distortion fixed. And then for any action there will be a reaction and another distortion will pop up. More printing and then more distortions. Pretty soon you have a crack up that just can't be fixed. Then "something" snaps. That "something" is what this whole charade is really all about. 


Retail Slaughter Continues: Ralph Lauren To Cut Jobs and Close Flagship NYC Store


Its right in front of you practically every single day. Why do we have multiple Federal reserve governors and presidents speak every week with great fanfare as markets gyrate like minuets in response? Why in the world would we have the greatest financial collapse in a century be followed in less than a year with an "all clear" from Ben Bernanke and then followed with endless money printing? Words never before in the lexicon of financial voodoo began to appear. Words like Quantitative Easing. Reverse repo. Overnight lending window.....etc etc. But we are not only "all clear" but its "all good".

So why do we have to be told this on an almost every day basis by the Fed? Why don't our elected officials come out and tell us just how good the economy is? What do they fear? What is out there that could destroy us? What is there effort all centered around? Why manipulate gold or silver or the stock market? Why the obvious dishonesty? Its all about the dollar. You know, that little piece of paper that is backed by only one little thing..... They are afraid of that one "little thing". You know what that fragile, one "little thing" is don't you. Its CONfidence. They're afraid of losing it. They lose that one "little thing" and this whole enchilada turns into one big pile of refried beans. 

It is one helluva mess we are in and to think this can be fixed with more obfuscation and Fedspeak is not only stretching the limits of economic law, but its ignoring the past centuries of bubbles and crashes. Cycles not only have occurred for hundreds of years but they are absolutely certain. As long as there are sunrises there will be sunsets. As long as there are summers there will be winters. You have a nice day believing in the Fed and their bullshit. Its worked out so far. Why not forever?





Sunday, March 26, 2017

EXHAUSTED!

What are you going to do? Its all exhausting. You turn on the TV and there is Lindsey Graham on Fox pontificating calmly about slick Neil Gorsuck and big bad Russia, pushing his neocon agenda to war. You turn to CNN and its wall to wall demonization of Donald Trump and.......Russia.  Its exhausting. 


Did The Government Spy On Trump? Ron Paul’s Answer: “Of Course… It Spies On All Of Us!”


Monday will come and more faux statistics will arrive supporting the narrative of "recovery" while thousands of retail stores close across the country and jobs by the hundreds of thousands are lost......AND ..... "WE ARE A CONSUMER ECONOMY"!  Are we really that gullible? Sadly this population is and the few that are not are just becoming.....exhausted. 




When is the "Great Depression 2 going to happen"? Try opening your eyes unless you too are too exhausted. Real estate in Manhattan is collapsing. In Miami you can't even get an offer on your new Condo. Used cars are just sitting on lots now.  

Now you are a "populist" and that is "bad". You aren't even a CONservative or a Liberal anymore. Your Western allies like France and Germany are developing evil "populist" blocks. You're no longer part of the "greater good". You're exhausted.

You tried to protect your investments with hard currency like gold and silver and now they've even CONvinced you that Digital currency like Bitcoin is safer for you. They CONtrived ZILLIONS of gold and silver paper derivatives to keep the price down of your "hard asset" and to CONvince you to NOT own gold or silver, which of course are NOT fiat that are backed by nothing but promises.  UP is down. Black is white. You have now reached a complete level of corruption that a "keystroke" is your alternative to "fiat" currency.

Now if you are really sharp and of course some of you are already saying to yourself.....WHY paper miner shares?  I AGREE! They are also paper but they at least have the physical mine backing the shares. They shares CAN and may very possibly be taken through one means or another from your CONtrol but at least you have some tangible connection.  I think and of course this can be wrong, but the big boys money will need to be in paper assets like the miners when the general market shares are taken apart. Miners could and should be the beneficiaries. I'll take the shot. 

I'm not exhausted  and I don't give a shit what they do in the next days or weeks. Have at it boyz. I don't exhaust.









Sunday, March 5, 2017

BEATDOWN!

Slaughter, chaos, devastation, and disruption. The Four Horsemen of the Metals Trade. Why participate in such a trade if you maintain its rigged? Well, it is rigged. Its all rigged and its all rigged in different time elements to maintain an overall illusion to prevent a complete loss of CONfidence in a fiat ponzi system. Its not a complicated meme.

So lets get back to the original question of why you should participate in a rigged metals trade. Better yet, lets just stay with the paper miner trade and discuss briefly why self-abuse seems like an unlikely way to make money in a rigged casino.




Let's define the Wall Street definition of what a "Beatdown" is. A Beatdown is a mechanism of behavioral change applied to jello-like intellect that is participating in a herd behavior interaction expecting a near term intense reward. The said mechanism (a beatdown) is applied just as the serotonin receptors in the above conditioned brain is at its most vulnerable state. As the screaming receptors are engulfed in their anticipated feeding frenzy of a most succulent, delicious meal, the silver platter of said meal is flipped completely upside down and thrown against the wall in front of said deluded dining guest. Then said guest is beaten severely about the head and body with the heavy silver platter until the message of hubris and gluttony is thoroughly absorbed.





How does this beatdown this week compare in terms of all the other beatdowns we have endured?  It seems relatively similar in terms of when it happened. Silver and gold were threatening a breakout confirmation which would have brought in the Momos on the sideline and would have sent the signal the "something" is wrong with the Fed/ponzi policy.  BUT what I found interesting was just how hard the miners were dispatched. Most of my miners had been performing well this year and were up since Jan 1 around 50% on average from their Dec lows, but their volume was somewhat lackluster and they weren't having large percentage/large volume daily as a group to any great degrees. In other words they didn't have strong conviction indicators yet. I have strong conviction in the longer term trade this year in the miners but this daily cycle as opposed to the first daily cycle of last years move didn't scream out to me so I felt an ambush was coming.....a Beatdown. I mistimed its intensity and re entered too early with my cash.....greed and patience.

Do I care? Sure, but from a longer term point of view it matters little to my overall thesis and that is there is a very big move in miners coming this year. So I will be patient and no I will not invest in Amazon. The "Beatdown" shows me this trade is what they want me and you OUT of. They want us out of the miners because the boyz want the shares cheap and will run them up again this year again. Good luck if you can hold on.