Sunday, July 1, 2012

EXTREME HEAT

Greek Games
The trade of the century is still being bruised/disguised. Whether the bottom is in for the miners remains in question and a final scorched earth policy is still in the cards from the charts. If this is not tolerable for you in this trade then you have not paid any attention to what the game is. You need to actually push away from your gameboy and alternet and actually listen to the Krieger interview with Max Keiser at the end of this post. Go ahead and scroll through the first half and get to Krieger. Its simple, straightforward and no histrionics. Nothing has changed except we are one weekend closer to the end. How the "end" occurs is the question.....and of course when. I'll remain somewhat positive that we will challenge ourselves and the cream will be able to rise to the top. It will not be easy, so if you expect it to occur with a seamless transition then I believe you are in for some major disappointment. Many of you still believe this is hyperbole and I hope you are right and laughing all the way to the casino. This world is entering into an age of extreme, parabolic technological innovations in multiple fields. If we don't blow ourselves into another galaxy we have a great chance to see a better world on the other side of this ponzi. We have to make it there first. gl

21 comments:

  1. PPACA And The Death Of Medical Care (And Choice); entered at 2012-07-01 20:04:16




    from an email from morla
    Morla
    Posts: 465
    Registered: 2009-11-09


    Karl has made the point clear that mathematics will eventually put a stop to this. When the music finally stops, the statists will have no chair to sit on. A lot of damage is going to be done until then.. It may seem that the worst has come to pass, like this PPACA ruling, but I'm afraid it will get much, much worse. I'm concerned when I see someone lose their temper (not talking about anyone specifically), especially so soon. Madness begets madness, and these sad tribulations are just beginning.

    I may be agnostic, but I consider Jesus a great philosopher and speaker of truth. IMO one of his most profound statements was "Render unto Caesar that which is Caesar's, render unto God that which is God's". We should protect our lives and the lives of our families, not lose perspective over material things and the doings of Caesar or Pharaoh. Kleptocratic bandits may take the shirt off your back but as long as you and yours are safe and healthy there is hope and there is light. If Caesar were a common thief rather than a mighty emperor I doubt Jesus's position would be any different.

    Another quote I think is important is "Forgive them, for they know not what they do". Most statists have no idea they'll bring ruin upon us.. They've been tricked by the ivory tower and sophist criminals. Deep down in their hearts most of them believe their statist ideology will help others. There is no place here for hating your fellow man, no place at all. You wouldn't despise a child playing with matches or running with scissors, nor should you despise an adult fool who knows not what he does. Now of course some of the higher-up statists know damn well what they're doing.. They should be stopped or hindered but it won't profit you to hate even evil men.

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  2. Here’s the link for anyone that wishes to review what Morola is referencing and he is right Mr. Denninger is spot on but what is even more concerning is what he stated at the end of Mr. Denninger article…..

    From: Market-Ticker

    http://market-ticker.org/akcs-www?post=208016

    Doc once again thanks for the time and thank you for the explanation of the “Herd Theory” wasn’t sure what Kli meant with his comment, like I said I know just enough to be dangerous, hehehehe! When I get the time there’s just one issue I’d like to expand on as it relates to the subject of Liability but little short on time but I will.

    Final comment on vaccines, I came across this the over the weekend and this chit I have witnessed and may be adding to some of the undesired outcomes but it happens on a daily basis, unfortunately with all pharmaceuticals!!

    As you know all pharmaceuticals have a “specific and optimal” storage and handling range and by not doing so can and does change the effectiveness of each product, how much so, that’s above me but the storage and handling procedures are there for a reason!!!!!

    http://abcnews.go.com/Nightline/video/vaccines-stored-dangerous-conditions-16504708

    Kli, thanks for “stratrisks.com” great site, your other suggested read re: retro, was farking depressing!

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  3. Here is a positive article for those who are long in silver.

    http://www.silverseek.com/article/silver-market-update-6

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  4. Tom,

    I watched the video. Yes, it's a problem and the providers need to do a better job. Refrigerator temperatures are supposed to be measured & recorded daily and you have to keep a record should you get audited. Like anything in life, you have those that do a good job, and those that do a lousy one.

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  5. http://finance.yahoo.com/news/primero-discovers-high-grade-vein-110000464.html

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  6. short gold long miner pair trade for hedges working well today

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  7. pm's trying to hold the gap. miners a bit extened in the short term...ISM saved the day for us. euro rate cut may hurt.Prolly gets priced prior.

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  8. buying picking up...let's see how they close today

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  9. Happy 4th week everyone...couldn't agree more with your assessment Kli. There is another side, just not sure I'll be around to witness it. In the meantime, health is the most important thing, now more than ever before.

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  10. should have ran with that ATPG idea on Friday....shoulda coulda woulda...

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    Replies
    1. I was talking to myself on this one...not u folks..Kli, I will look at it tonight need to head over to other side of the bay...

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  11. honest or whomever take a look at NPK and let me know

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    1. Here's my 2 cents. It stayed in the overbought range for about a day and a half with the price moving up from 69 to 71.50

      In my mind, that signals that someone is accumulating. In fact, even my Scottrade charts point toward that. (I didn't even know they had an Accumulation Chart until now).

      As I type this, it seems to be losing gas on super low volume. It's a roll of the dice in my opinion.

      Some charts: http://i.imgur.com/FJgnP.png

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    2. look at the short interest jay

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    3. Shares Sold Short

      Short Positions (06/15/2012) 1.17 Million Shares
      Change from Last -0.52%
      Percent of Float 24.33%

      However... building in the long run....

      http://www.nasdaq.com/symbol/npk/short-interest

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  12. Well, I'm staying on the sidelines again today. Was just about to buy some puts on Mastercard when the RSI chart went bad on me.

    Low volume across the board today. I bet they run it up tomorrow before the jobs numbers later this week. Then they'll take a sledgehammer to the longs.

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    Replies
    1. Yep today is boorrring... Hope the whole week isn't like this. Blech... Sucks for options players.

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    2. loved the action today....note lack of sellers

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  13. Yep, all my miners green except CEF which took a dive eod. Not sure why. EXK and others up nicely.

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  14. So,any person who got blown up in housing 2007 to now ...forclosed, shortsaled has the possibility to be part of a class action lawsuit due to the libor fraud....this could be very interesting. Fraudsters may have created the entire fiasco.

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