Tuesday, January 8, 2013

WHAT'S GOIN' ON ...WHAT'S GOIN' ON............

There's too many of you crying
Brother, brother, brother
There's far too many of you dying
You know we've got to find a way
To bring some lovin' here today -

Haunting lyrics and melody from a genius in a bygone era that isn't even a memory to many of the readers of this blog. Similar protest songs resonated on the primitive radios and turntables of the 60's and early 70's only to disappear from the landscape as a new era of danger entered our lives. A danger that very few of us were even to recognize for several decades as it planted its seed deeper into the fabric of our society. Unlike a highly developed parasite it became fatal for its host and the signs of death began to show as cracks within the morality and economy of a nation that prided itself in what it believed was a unique freedom it had fought for and spilled blood for. Was it all an illusion? Was it a cruel joke? Was it some devious, diabolical experiment? It seems now that Marvin Gaye's protest song What's Goin' On marked the end of a culmination of awakening that had started to gain a foothold in the 60's.....but just as suddenly as the future appeared to be looking up after a decade of turmoil, protests, wars and struggle.....the movement towards true awakening and peace fell silent and in its place rose up strange new generations with confused and selfish objectives. Almost as if their paths were orchestrated by invisible puppet wires the very institutions that served to protect the republic began to disappear one after another. One would vote for a seemingly different pathway at the poles only to find it seemed to veer into another direction. Up turned into down. Left, right paradigms became confusing to their previous followers. Moral breakdowns and hazards became commonplace as the Orwellian newspeak became reality and accelerated into a morass of virtual parodies.  As a child of the 60s I would never have dreamed that my country would be engaged in as many as seven wars at once with over 800 military bases in 130 countries after that period had ended. We were the "good guys". We didn't torture....the other side did.

After decades of devolution and manipulations our lives that held so much promise when this song was made now seem to be on a collision course with a very dark destiny. Divisiveness, depression, immorality now pervade every corner of our lives. No leader on the horizon any longer can give anyone hope. Looking back now it seems that hope was an illusion then too. Romantic notions that it was a better time may have just been delusions. History teaches us many lessons and unfortunately we tend to repeat our same mistakes. I hope you all understand how important many of the accelerating changes are to your future and take the individual responsibility to help others become aware of the kind of changes we are facing. Its not a time to crawl into the bunker but a time to come out and engage in conversation about these changes coming. I'm going to have coffee with my buddy that landed on Iwo Jima at the age of 17....2mo before he was a Junior in High School in Iowa. By 1944 he didn't know who Smedley Butler was and wouldn't find out until 2010......and he taught history after the war for over 30 years....... gl

From Investment Watch 20 Facts about Europe You should know


#1 10 Months: Manufacturing activity in both France and Germany has contracted for 10 months in a row.
#2 11.8 Percent: The unemployment rate in the eurozone has now risen to 11.8 percent – a brand new all-time high.
#3 17 Months: In November, Italy experienced the sharpest decline in retail sales that it had experienced in 17 months.
#4 20 Months: Manufacturing activity in Spain has contracted for 20 months in a row.
#5 20 Percent: It is estimated that bad loans now make up approximately 20 percent of all domestic loans in the Greek banking system at this point.
#6 22 Percent: A whopping 22 percent of the entire population of Ireland lives in jobless households.
#7 26 Percent: The unemployment rate in Greece is now 26 percent.  A year ago it was only 18.9 percent.
#8 26.6 Percent: The unemployment rate in Spain has risen to an astounding 26.6 percent.
#9 27.0 Percent: The unemployment rate for workers under the age of 25 in Cyprus.  Back in 2008, this number was well below 10 percent.
#10 28 Percent: Sales of French-made vehicles in November were down 28 percent compared to a year earlier.
#11 36 Percent: Today, the poverty rate in Greece is 36 percent.  Back in 2009 it was only about 20 percent.
#12 37.1 Percent: The unemployment rate for workers under the age of 25 in Italy – a brand new all-time high.
#13 44 Percent: An astounding 44 percent of the entire population of Bulgaria is facing “severe material deprivation”.
#14 56.5 Percent: The unemployment rate for workers under the age of 25 in Spain – a brand new all-time high.


 http://investmentwatchblog.com/the-economic-implosion-of-europe-is-accelerating-20-facts-about-the-collapse-of-europe-that-everyone-should-know/#YfkYYZMXZSLUbGAa.99 












22 comments:

  1. Kli,

    Fk you are spot on today!! It's as if you've been reading whats been on my mind lately (Hmmmm could it be time for that tin foil hat???) as I watch events I never thought possible unfold at an ever accelerating rate and the absolute disregard for the rule of law let alone common decency and moral's .....

    I wish I had your gift of getting whats swirling around in my head and get it in to words and if I did I would look very similar to what you wrote above...

    Great Work!

    ReplyDelete
    Replies
    1. gracias mi amigo.....its beyond surreal and no one is doing anything......slowly turning the heat up to boil a frog

      Delete
  2. They really don't want silver over 30.50

    ReplyDelete
    Replies
    1. but it will be....THATS the real point....and you know what they say about compressing a spring......

      Delete
    2. Can't wait to see the day gold crosses 1800 with gusto. Wheeeeeeeeeeeee ;)

      Delete
    3. my guess is the cross over 1800 will occur very quickly and from a much lower starting point than one might anticipate...right now they control it and when it crosses 1800 will be their decision...so rather than give you a chance to load they'll gap and run it rather rapidly to the an overbot position....the talking heads telling you to buy buy will tell you when its time to lighten up

      Delete
    4. what is your prediction on when silver will start climbing (as into the $35-$40 range)? I want enough time to get a nice little nest built up! and when it hits a certain point when do you stop buying?

      Delete
    5. Zero clue on that myself as silver is stuck in no man's land currently but starting to move a little bullishly. Though they can paper short the chit out of it overnight and end that instantly. Just buy what you can when you can and don't worry. It's insurance. I'd stop buying when rates start rising.

      Delete
  3. From my reading, there seems to be a lot of bearishness out there, and we all know what can happen when there are too many bears. Phil Davis believes that we can see 1500 on the S&P this year. I would like to see more correction first.

    Watching NKTR. There has been a low volume rise and I feel it is overbought. If they push it past 8 dollars, I might sell covered calls.

    ReplyDelete
  4. I have eleven green miners......hmmmmmm. not bad for a down gold day......ya think someone is buying

    ReplyDelete
  5. http://libertyblitzkrieg.com/2013/01/09/america-meet-your-new-landlord-wall-street/

    ReplyDelete
  6. Well, sold this month's NKTR calls. It is OK for NKTR to fall back a bit now.

    ReplyDelete
    Replies
    1. hehheheheeh.....go Doc.....btw put up a GLD chart take a look at the breakout from the triangle in Sept and now at the 61.8 fib retrace war

      Delete
  7. Turd has given up on miners. Time to go long with margin ;)

    ReplyDelete
    Replies
    1. BWAAAAAAAAAAAAAAAAAAAA.......this guy claimed to be a pro trader...giving up on the miners may be the right thing to do.....that is NOT my criticism of him....time will tell but he was a CHEERLEADER when at least caution was in order. He made comments constantly like "trust me" "I know a secret" and "I guarantee".....blah blah blah.....I have no idea Hubz where miners are going short term or even medium term.....but I know my position and I know what the charts on many of my miners have done since April......AND I am not levered

      Delete
    2. I remember him lambasting and kicking off anyone that questioned his ultra bullish calls.....that is the sign of an insecure demagogue........I have been humbled by the market many times and welcomed Joe's and Red's calls even if I may have taken the other side of the trade.....it helped to put the brakes on.

      Delete
    3. Me either, have no clue just guessing. Those that guarantee anything are fools I always say :)

      Delete
  8. Droke has a buy on HL with a stop loss at 5.41....one of the few miners with a technical buy using his trading system.....they've stop shopped him lately on most miners he went long on but he is mildly constructive that we may be getting an intermed bottom from the summer runup correction

    ReplyDelete
  9. What's goin' on with palladium today? We know about Platinum, they're gonna mint a $1 Trillion coin to take care of all of our woes; that absurdity is even on the NBS Nightly News...sometimes think I'm surely losing my mind. Speaking to your thoughts today, looks like deleveraging of the military coming as well with C**ck as sod. And honest, just saw that arna was 1.54 on 1/28/12, a 5 bagger this yr. My new compute now shipped from China, Yipee!

    ReplyDelete
    Replies
    1. I read something today somewhere... honestly can't remember where about Commercials being heavily short Plat and Palladium. But haven't looked at the numbers myself. If that's the case you would think we would see some downward momo soon but who the hell knows.

      Delete
    2. they used the news that auto sales were up to pump the palladium story today

      Delete