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.







Sunday, February 26, 2017

THE DARKEST HOUR IS JUST BEFORE THE DAWN

We are on the cusp of an epic move in the precious metals. How do I know that? I don't. Not really a clue actually. I just pulled the headline out of my ass like a lot of KWN salacious headlines. By the way KWN has excellent guests but Eric does take liberties with his headlines. 

Everyone in the metals trade is on edge. After years of manipulation we had a massive bull run for four months with no significant pullback for the scared investors to buy in. It just went straight up in the miners until we were oversold on the weeklies for a one month correction then soared again. You know the story. Most traders that held had 4, 6 even 12 baggers on some of these beaten down paper trades. 




Do I know if miners are going up this week? NO. Do I think they are going up this week? No. The only think I believe is they will be going up in response to a number of factors that I have no control of. I do believe they are in a long term bull market now but it is going to be the hardest bull for you to ride you can imagine. In the end a lot of money will be made on these pigs if you stayed on the ride and if they keep the casino open. 

You can do this honey!


That will be the trick. To keep the casino open. Again, I have no answer for that. They may very well shut this game down with almost no warning for you. Risk is everywhere so be forewarned, playing in this game will be like no other time and at some point you need a plan to get out the door with your chips.

Last year I believed they would do what they did with the shares by letting no one in on the trade without a pullback and I gained most of the move and even with the pullback at the end of the year had a triple in my portfolio. I hope this year has a great bull run for all of you but it will not be without pain. Sell rips buy dips.









Saturday, February 18, 2017

I INHERITED A MESS!

As your President, it troubles me to come to you, the American people and tell you what our country faces in the days to come and how we got to where we are today. 

First of all, things are not what they seem. Many of you feel that something just isn't right, but you aren't able to identify what the problems are based on the statistics given to you by the financial media regarding our economy. Frankly you are correct. Let me give you the background as I understand it.


An Epic Battle Is Looming
James Turk: 
 “
Get ready for something spectacular, Eric. An epic battle is brewing in silver, and it is likely to be fully underway before the end of this week…


Our country made a deal with the devil after the 2008 economic crisis. We were controlled by a bunch of self dealing pedophile scumbags. A deal was struck with all of the World's Central Banks to prevent a deflationary cleansing by a coordinated printing of the Euro, the Dollar, and the Yen and then dispersing them into the largest banks by buying their securities that were worth perhaps 4 cents on the dollar for their full face amount. 



What ensued was a calamitous change in fundamental economic principles with a mountain of worthless debt being transformed into a mega mountain of debt. We bought not only worthless bank securities, but we began buying government debt, then commercial debt. Hell these bone smokers even bought common stock shares, while shorting gold and silver prices. We knew we had to create an illusion of recovery while keeping interest rates at zero. 


Barrons: Ominous Warning From Michael Belkin May Foreshadow A Stock Market Collapse


We basically destroyed free markets and price discovery. We chose to save the Wall Street gamblers and banks and sold the middle class and savers down the river. We chose the winners and losers. We chose stocks like Tesla, and Amazon, and Netflix, and Facebook to pour endless printed dollars into. Competitors were unable to obtain zero money loans to create a level playing field. We printed more money to pour into non productive areas of a bloated health care delivery system. Essentially what we did was destroy any semblance of capitalism.



Just about every statistic you've been given on our economy over the past 8 years has been a lie to some degree. We can't raise rates significantly or our debt will implode. We are screwed!!!!

Hmmmmm.... Do ya think that's what the speech is gonna be?..... Nah.....Its gonna be I'm gonna make America great again and we're gonna have tax cuts and spend trillions on infrastructure. We're gonna have the greatest military there is and we're gonna spend spend spend. 

My take on the miners is they may pull back hard during the next couple of weeks but it will be a buying opportunity if they do. Patience this year will be the only way to stay in what I think will be the only sane paper sector to bet on. Volume on the miners should pick up as the general equities correct this spring. Money managers will flood out of FANG stocks into safe havens and even the dumbest of these assholes will figure out where the flow is going for "safety"/ PAYOFF! .... gl to you all





Sunday, February 12, 2017

ITS BEEN ONE HELLUVA PARTY

You cannot deny it. Its been a helluva run. We went on an unprecedented 50 year spending binge using an unbacked fiat currency that could be printed at will to purchase the precious resources and services from hundreds of countries held captive by the largest military ever constructed. If you were one of these countries that figured out you were being handed counterfeit fiat and tried to obtain an "alternative", you were designated and "enemy of the state", demonized, and destroyed.


“George Tenet Award” to Crown Prince Mohammed bin Nayef 
                        New boss same as the old boss?

Please note that after the destruction another phase of resource theft ALWAYS occurred and that was the collection of tens of thousands of the destroyed country's "best and brightest". The "human resource" extracted from the country insured the country would remain weakened and allowed our multinational corporations to gain control of valuable and cheaper labor. So diabolical yet its simplicity was its genius. "Who would eva believe it"?  And of course most Americans sitting in their living rooms every night, eating their GMO infused meal and watching Brian Williams, wearing his GQ safari jacket, reporting from remote sites of our involvement in the rape of some developing country and you never had a clue. 




American exceptionalism was fed to them like slop to pigs. The wallowed in their ignorance and waved their flags while the global slaughter spread across a hundred countries. Never once did they even pause to wonder why we were killing millions of women and children in cities that were halfway around the globe and no threat to us. They just swallowed the slop fed to them by corrupt politicians and multimillionaires pretending to be "fair and balanced" journalists. More slop please. Just give me my pension. Just give me my free prescriptions. Just give me free health care. Just give me my EBT card. Just give me my farm subsidy (one of my favorites) . Moar bread and circus. I could go on but why bother no one really cares. Just get us through the next few years and someone will figure a way out.

Maybe they'll find a way out but probably not the way you hope. The only way out of this on the course that we are presently on is finding its natural resolution... and that will be very unpalatable to most of us. A very nice party it was. It was fun for some of us. Unfortunately its time to pay.









Sunday, February 5, 2017

SPEED KILLS

The Law of Nature has a big problem just ahead. Its called speed. Speed kills. The velocity of money that has always been the problem for the elite. Trumpflation is coming. With Trumpflation will come jobs. With Trumpflation will come higher wages. With Trumpflation will come higher costs of imported goods. By the way guess where most of the "stuff" we buy comes from? With Trumpflation will come a declining dollar. With Trumpflation will come an expanding National debt. With Trumpflation will come higher interest rates.


Embry – Criminal Banks & Commercials Now Short A Mind-Blowing Nearly 1 Billion Ounces Of Silver At The Comex!


All of these changes may begin taking place this year, even over the next six months we might see these changes exerting their effects on the real economy. I remember discussing on a Yahoo message board and on this blog that gold and miners were the place to invest after the collapse of 2008. I remember like yesterday stating that gold would do very well in deflation/inflation/WORSENING stagflation. I remember stating we were heading directly into stagflation. I remember stating the only economic environment that gold and miners did NOT perform well in was slow growth AND low inflation. Guess what picture the true power painted. Slow growth and low inflation. 


ALERT: Hedge Fund Legend & Multi-Billionaire Stanley Druckenmiller Just Bought Back His Entire Gold Position!





Stagflation indeed occurred and still is in force. What the true power was able to do was create a an illusion of 2% annual GDP and 1% inflation with improving NFP improvement. All of the headline numbers were a lie to create and illusion to maintain the illusion the fiat dollar and other currencies had value and could hold value against the ONLY competing store of value and that was of course GOLD. It worked. It really is that simple. IT WORKED. But at what cost? There's always a cost. In this case the costs were immense but I just want to speak to a couple of costs.




We expanded the debt on our sovereign balance sheets and our private corporate sheets (eg see share repurchases). We blew up our medicare/social security/EBT etc. Promises we can never keep up in the future. We kept the interest rates at zero and destroyed the retirement funds across the nation and made them basically Bernie Madoff Ponzi pumps.

Now we will see the collision of CONfidence loss and velocity of money. Velocity of money will begin this year to increase with Trumpflation. Chaos will precede AND follow this phenomenon. You must have patience this year, but I think in hindsight it will appear to happen very fast this year. gl