Wednesday, May 15, 2013

THE BATTLE

The Titans in the sky continue to wage war while the small fry retail players wonder how long Nature's laws can be levitated. Its a dance that has no ending......or does it? As the pundits on CNBS pirouette to every cliche talking point cajoling the retail listeners to just have one last dance with the devil. Its reached such a cacophony of the ridiculous that one keeps expecting the straight faced shills to suddenly break into hysterical laughter. Underlying their ludicrous claims of unending market rises, one can sense an almost palpable fear permeating their rising choruses.

What none of us has the ability to see are the real battles going on in the puppeteer's command and control centers. None of us have access to the real measurements of what is occurring within our "recovery". As the metrics are intertwined with real and imagined recovery statistics one becomes almost hypnotized by the ping pong effect of rising markets as economies contract. Japan is falling further into depression and approaching a 500% debt to GDP....virtually unheard of in developed nations without complete collapse.

As our own Western markets rise in the face of a collapsing infrastructure and consumer spending, we argue about whether we can get one more squeeze out of the "market"......from "unending" Fed printing. More and more pundits now proclaim that the Dow can easily reach 20,000 and beyond. Just the noise to expect as we climb the "last bubble". One thing is certain.....it will end...and it will end badly. The question is will ANY of us be standing as it sucks down what is left of a facade of a Republic. Listen to the noise......its what is making you dance. Dance little proles...dance. gl

54 comments:

  1. Hahahaha!! Awesome post Kli, pure poetry. Whatever it may be, there's a reason they're extending the game given the obvious and inevitable collapse to follow. Must be a very good reason(s).

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  2. There is something to the noise it's even getting to Jim Sinclair and Marc Fabar. Marc was taking in a interview the best places in the world to pick a good call girl cheap. His top spot Thailand. Said no to waste your time and money in Vegas. Really didn't talk about the markets said to enjoy this time. Hmmm? Just keeps going. Dow 20k is coming and maybe Dow 50k I have to look with total shock at Japan the Nikki has risen 45% this YEAR! Just think that when the Feds here unleash that kind of QE the Dow will rise from 15k to 21k in less than 5 months! Wow!
    Enjoy the ride. I have no idea what is going to happen anymore.
    Matt

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  3. Hey Sister, I am working in your neck of the woods. I have to say Charlotte is a nice city. I have been here three times in the past six months and everytime I come down its a good time.

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  4. Hi, Rudy so glad you are enjoying your time here. Not sure where you are from or where you are working (Uptown, Southpark?), but spring has arrived! Hope you are having dinner outside. Interesting that while Soros was selling GLD, he was buying GDX:http://www.foxbusiness.com/news/2013/05/15/soros-fund-cuts-some-big-banks-trims-gold-etf-stake-adds-to-miner-position/ Not sure how to interpret that action.

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  5. You folks are definitely whispering capitulation! The Fed has poured more money into market than Japan did, they are way behind China, US and England..

    time is near....this month is payback to the sell in May go away crowd...Dollar rising will eat into Bernanke's ploy, the fed can't shut off MBS purchase then if markets fall start it up the next month without repercussion (loss of confidence)

    The market going up is fine, I have backed off longs after 1600 number I posted it was coming a while back..the big boys are distributing..think 2007...put together a spx/vix chart...the divergence is beginning...

    I posted to get into Qcor heavy in the 20's, it hit 42 yesterday...we can control our fate but can't control what everyone else does..so get busy living or get busy dying...




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    1. good work chuck....."think 2007"....hehehehe.....think early 87...think early 2000.....its the same wash rinse repeat....the proles are just too easy

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  6. We are in a "bad way" in this country now and this country is a core country in the world. The USD depends on ONE thing to keep it going and its CONfidence....all of these scandals right now ARE a big deal and we are nearing an inflection point. Sorry guys and gals but you better be on your toes and pull your heads out of your asses......PAY ATTENTION

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  7. Kli - seems to me the scandals are distractions (like Nixon/Watergate in the early 70s - remember the early 70s and all the problems in the 70s) from what is really going on. Maybe just my cynical side?

    DocTrader - nice short squeeze in Tesla...

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  8. Inlet I cannot say WHY they are bringing out the distractions er scandals.....but you are right......the question is Who and why...maybe to paralyze O in his second term....but by WHOM....good guys or bad gus with obviously different motivations and endgames....

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    1. Totally agree its really suspect, they got him into office because all this was there prior to the election and now they are kicking his a$$, Seems BO knows nutting along with Holder..... Heheheeee try that chit at a deposition!

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  9. just when I was going to start bitching about the miners they turn green. go figure.

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  10. funny how silver just won't buckle......

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  11. My opinion is that the Republican Party has been destroyed and, if Immigration is allowed to proceed, the Republicans are toast.
    Several months ago, someone wrote in an editorial here, that the Republican Party is nothing but a bunch of "old white men" and they are dying off.

    So, if there are truly an Elite group that controls both parties wants both political parties to be of equal strength, then the Republican Party needs to be rebuilt in some fashion, or the Democratic Party taken down several notches. Maybe that is what we are seeing, but I thought they would wait at least another year or so. I am waiting to see how they are go about rebuilding the Republicans--it is going to be interesting.

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  12. They obviously used tax laws to get him re-elected. Same with Benghazi coverup. Cliff Droke has great article today on CBs buying equities outright. And gold RSI obviously declining. He's saying the Big Boyz will not re-enter the gold trade for a long time (not sure what a long time is).

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  13. Republican Party AND the Dems are only puppets and until you realize they are not independent and separate entities but only Kabuki theater to make YOU think you have a CHOICE, then you will continue to have your pockets picked. Anyway...bigger problems ahead before that game sorts out....

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  14. I agree they are both puppets, but the puppets must appear to be of equal power as we approach the 2016 elections. I am going to find it interesting to see how MSM switches sides, and begin to pump up the Republicans.

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  15. Multiple methods can be used to manipulate and it will be no problem shifting public sentiment. Also the core of either party NEVER leaves....it would be admitting the paradigm they have grown up with is a complete sham and VERY VERY few humans can accept that premise. The view accepting that as an abject FAILURE on their part.....and of course it is.

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  16. definitely need some air out of it........

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  17. Here's another interesting dude: http://www.wallstreetwindow.com/node/8232 Don't know where he's from, but sounds just like the guys here.

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  18. Check out what he says about HL...book value is $4, trading at 3.20...also PAAS trading at discount to book and paying a divi.

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  19. During every preceding period of stock speculation and subsequent
    collapse there has been the same widespread idea that in some
    miraculous way, endlessly elaborated but never actually defined, the
    fundamental conditions and requirements of progress and prosperity have
    been changed, that old economic principles have been abrogated, that
    all economic problems have been solved, that industry has suddenly
    become more efficient than it ever was before … that business profits
    are destined to grow faster and without limit, and that the expansion
    of credit can have no end.”
    Published in Business Week, November 1929

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  20. AP reports: "First milk, butter, coffee and cornmeal ran short. Now Venezuela is running out of the most basic of necessities — toilet paper. Blaming political opponents for the shortfall, as it does for other shortages, the embattled socialist government says it will import 50 million rolls to boost supplies. That was little comfort to consumers struggling to find toilet paper on Wednesday. “This is the last straw,” said Manuel Fagundes, a shopper hunting for tissue in downtown Caracas. “I’m 71 years old and this is the first time I’ve seen this.” One supermarket visited by The Associated Press in the capital on Wednesday was out of toilet paper. Another had just received a fresh batch, and it quickly filled up with shoppers as the word spread. “I’ve been looking for it for two weeks,” said Cristina Ramos. “I was told that they had some here and now I’m in line.”

    All of this this is quite surprising: because while one may not be able eat gold, one may certainly use fiat, especially fiat of any regime in the last throes of economic collapse and where staggered currency devaluation is now a periodic fact, as precisely the noted commodity in short supply.

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  21. ....Breaking news....

    ...Readers of kliguy38 have been singled out for IRS fishing trips and RFI's...

    The IRS arse reaming on the Hill is good entertainment!


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  22. You are the fish bait. Hehehehe

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  23. No doubt about it Inlet.

    I firmly believe that readers of this site and other like it end up on a list that generates IRS scrutiny...all computer generated...

    I have had qty-2 in the last year. Waiting for results on the latest right now.

    Funny the answer back form the IRS is a bit late. Been at least 4 weeks and no word.

    .....

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  24. there are so many "alternative" media sites now that information regarding the ponzu is accelerating in its dissemination to many previously "unaware" ....this site is very small and very boutique so its threat is gone....this site was taken apart by the PTB in the first two months.......

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  25. "this site was taken apart by the PTB in the first two months......."

    please explain.

    Yes the site is small. This site is not un American by any means. In fact just the opposite. Just un-PTB. Kli, you were an early alarm for sure and spot on. Thanks for this work. I read every day.

    The PTB monitor EVERYTHING! word salad harvesting makes any site worth investigating at least by supercomputer.

    I am the gnat on the gnats back on the arse of hippo still harass enough gnats and you got some real money.

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    1. Denial of service coupled with removal of google ads with NO appeal allowed......multiple problems logging into site and commenting in the first few months assured a level of control of "subject" matter. There were "suggestions" of material made and "accepted" ......eventually I have just kept a boundary that I don't cross..... If you can't connect the dots yourself with what I allow on then you won't have the ability to retain your thoughts and independence fro the propaganda machine anyway.... Case in point the recent takedown in gold and silver......IF you understand the game the propaganda from the mainstream financial machine should make you THAT MUCH more certain you're in the right trade

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    2. Heheh glad I'm a very small gnat but I pay my taxes so not worried. Hell there's not much left to take from me at this point that isn't already taxed. They want it that bad they can have it and I'll join the welfare crowd ;)

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  26. Just got in the office and checked the headlines on Yahoo...

    Will Gold’s Tumble Continue?

    "Why would anybody buy gold except for fear?" asks Don Hays, the founder and chief investment strategist at Hays Advisory Group.

    Gold's Allure Is Starting to Fade

    Gold falls to 1-month low as Fed comments lift dollar

    Gold
    1,363.40
    -23.50
    -1.69%

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  27. Now we have the woman in charge of IRS witchhunt promoted and now in charge of O'care. Can you say "go to the back of the line"? We may have to start contributing to campaigns in order to get medical care. This is a sceanario I never in my wildest dreams envisioned for this country.

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  28. Anyone buying tickets?

    Powerball Jackpot
    Date: Sat, May 18, 2013
    Annuity: $600 Million
    Cash: $376.9 Million

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    1. no i already have too many long shot tickets on the miners

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  29. I can't help but think it's all tied to the dollar strength due to the yen being absolutely nuked. Buying best of breed mining stocks that pay a dividend is not a bad play here imo. But it could get bloodier just know that.

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  30. That's a shame about those Google Ads. I was wondering why they weren't showing up anymore.

    I'm usually good for an IRS or NYS Income tax letter every 3 years or so.

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  31. "If you can't connect the dots yourself with what I allow on then you won't have the ability to retain your thoughts and independence fro the propaganda machine anyway"...


    Back to the Bunker.

    Out.

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    1. Wonder if any dark companions paying a visit around May 31.

      "What could go wrong? Probably best to stock up on can goods." NBC’s Brian Williams

      Asteroid 1998 QE2

      http://www.nbcnews.com/video/nightly-news/51922715/#51922715

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    2. fits with Clif High's timeline......hmmmmm... now that would NOT be pretty

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    3. Thinking one would need a bit more then canned goods on hand if that hit in the middle of a large body of water..... In my case if it hit in the Atlantic, I would get to meet Charlie the Tuna and would be sleeping with the fishes!

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  32. hey all....hey kil

    I asked you all what you thought about free gold.

    Jim Sinclair has posted about it.

    it is the balance of payments of nations and the store of wealth

    Sprott wants to open a gold bank.

    this race to the bottom is self defeating

    the gold must flow.....when the reset happens.....nations will be locked in.....it they print then they will give up their gold.

    as this gold moves out other nations will gain gold and their $ system will move up in price

    at some point their $ system will be so strong it will kill their export trade..

    this is the only way to stop the race to the bottom

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  33. The true power already knows what their next reset will be and when. This is all kabuki theater while they make the last minute preparations. Gold will always be a store of value regardless of the role they have it play.

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  34. http://www.zerohedge.com/news/2013-05-18/auditing-irs-there-any-limit-scope-where-you-folks-can-go

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    1. The House controls the check book and can by law defund any part of government it chooses.....

      Heheee

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  35. Nothing of the sort will happen...only noise for the peeps. A dog and pony show for the ignorant masses. When the dust settles a few heads could roll for the proles bloodlust but don't even count on it. This is an age old strategy to paralyze a second term administration with scandals....There is some internal struggle within the PTB and they want O hamstrung. They own the media and the media is being sic'd upon the administration. Diversion is the reason BUT WHY???? Find out WHAT they want you diverted from. My guess is they DON'T want you looking at BENGHAZI

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  36. Ya Think!

    I know they won't, just a side show.....

    "Clowns to the left of me, Jokers to the right,
    Here I am, stuck in the middle with you."

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  37. Yep, Benghazi it is...according to Bob Woodruff, "worse than Watergate". I could never figure wh they impeached Nixon since he closed the gold window which is what they wanted. Perfect Tom, "stuck in the middle". The Great Gatsby has some interesting themes for today.

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  38. Anecdotal evidence time from my neck of the woods (the Pacific NW):

    1. Went to Whole Foods today, place packed as usual. The 3 people in front of me at the register each had full baskets and probably bought $200-300 of food on average.

    2. Had dinner with the girlfriend last night at one of the popular seafood restaurants. We got in after a 30 minute wait, place is always busy.

    3. Went to Costco's food court for a quick lunch on Wed with a couple of co-workers, and as usual, both the store and the food court were full.

    4. Received a letter from a local real estate agent this week (3rd different guy in the last 2 months), telling me that he has very qualified buyers looking for a home in my area and I can get top dollar if I'm interested in selling. Inventory is low, and buyers are competing hard with each other for the few available, desirable homes.

    5. I'm a system analysts by profession, and on average, I get about 10-15 e-mails a week from recruiters with potential jobs, and what's described as a very tight IT job market.

    So, whether I live in a bubble or not, I can't say. But there's a lot of prosperity, at least from what I can see, in and near the area that I live. If this is all destined to end badly, then might as well enjoy things as long as they last.

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  39. Yup ....plenty of places still hopping...plenty of places NOT....Northwest and East Coast still alive.....VERY sporadic in the midwest....Overall still recovering thanks to USD retaining it reserve status as Ben prints trillions. Its very easy for me to slide into that comfort level too but its an illusion and I DO NOT believe it will continue for long....maybe a year but I doubt it.....and when it ends I think it ends hard. Most Ponzies do and very suddenly.......like someone hits a switch.

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    1. Once the multi year 3rd peak fails its over. No healthy pullbacks have been allowed over the past 18 months, with the past 3 months surreal to keep production at full capacity with the much lower labor participation rates. Yes in my neck of the woods it's the same as Bud's, with some caveats. The price of soup has gone up 20% at Wally World in the past couple months. Fast food prices have increased faster electronically than on the boards. Inventory looks like it is down to 1-2 days versus 3 for major food stock. Grand Opening at local sporting goods with special inventory built up, 2 million rounds sold before noon. I was too late to get any. Real Estate agent has problems finding quality listings. Gasoline up 10% in the last week. Homeless and panhandlers getting more aggressive. Increased leveraging being done at regulated utilities. The failure will be when the JIT system fails this time and doesn't come back on line within 3 days and the term "Nine Meals from Anarchy" takes hold. Shortages are starting to show up no matter how hard the shelves are rearranged, this is the velocity of money dilemma the planners are now starting to face.

      Failure of the Fed clearing house will have the same impact as a large natural disaster.

      Side note, Asteroid QE2 may have small dark companions accompanying the gravity pull of QE2 remote chance of getting smacked by the small stuff along with minor tidal, earthquake and solar flare influence from the bigger one. The Freudian slip was made by the news so take it with a grain of salt. Tom is right, you can't prepare for a direct hit from something as big as QE2, it would be over for most of humanity.

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  40. I think we have to accept the "reality" that the Feds & other central banks have successfully kicked the can further down the road. With all this massive money printing, some of it cannot help but find its way into the economy. As this money changes hands, money velocity and eventually inflation will increase. Gold will recover once inflation kicks in. This is the time to take advantage of the lower prices if the premiums are reasonable. I heard that if 1320 gets taken out, Gold could fall to 1250'ish.
    You have to play the cards you've been dealt. So, unless an large asteroid hit the earth or other massive natural disaster, the USA will be fine for a year or two--maybe longer. I guess I'll try to make some more electronic fiat for the wife & kids, and buy a Gold coin every now & then.

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  41. Oh, yes. Things are going swimmingly: http://news.goldseek.com/GoldSeek/1369077753.php
    I am becoming increasingly convinced that there is no gold/silver to back up the contracts. No wonder they wanted to prices DOWN. The better to screw you, my dear.

    Meant "Woodward"...

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  42. Some keep talking of inflation, yet your average Joe Sixpack has seen his income stagnate the past several years. Having lived through the 70s and early 80s I can tell you that you need wage inflation to see virulent inflation.

    I don't see how get wage inflation in today's world labor market. As wages have started to rise in China companies have moved manufacturing to places like Viet Nam or because of shipping costs Mexico has become competitive again (and companies are near shoring). In the US many manufacturing and service jobs are gone forever because of automation and robotics. So given all the options companies have in today's world I do not see wage inflation like we had in the 70s or early 80s.

    If we were going to get wage inflation then given all the money added to the system by central banks we would be seeing at least some wage inflation. So we are seeing a deceleration in monetary velocity as each $ moves slower and does less. Each time someone buys gold or silver it takes money out of the system and slows velocity. Also, as people keep a few $s stashed under the mattress for "just in case" emergencies it removes money from the system and slows monetary velocity... And I believe this is what we are seeing as monetary velocity declines offsets FED printing and this will lead to deflation (nature's laws will not be denied).

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  43. Here they go...crushing the prices in thinly traded early Asia where it is just oo easy. Hong Kong Merc gonna pay out as little as possible.

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