Saturday, August 3, 2013

ON THE BRINK!

As the winds of chaos swirl through the Middle East it seems that we are drawing closer to a conflagration as the West and its centuries of sovereign manipulation are on the verge of ignition. Egypt must be controlled or the detonation will take place this year. As a 120 year Supercycle unwinds one can only speculate what type of fireworks may ensue, but the violent type appears to be unwinding in the Middle East. Does the West believe they can take control of the Middle East oil reserves and checkmate China and Russia? Perhaps, or is this all just to distract the Western proles from the deleveraging pain as the bankers extract their wealth under the umbrella of a global conflict. Either way the bankers win. Its always the game....buy when there's blood in the streets. How can you lose when you create the blood in the street. Its a grand chess game isn't it?

Western proles have been fattened up and dumbed down like the good mutton they were intended to become. Now that the process has been completed its time for the shearing and the butchering. Decades of conditioning and decadence have created the perfect conditions for the conclusion of the Kondratieff Winter. Soft martial law is now openly in place and the paralysis of any judicial or prosecutorial resolution is obvious. Of course the usual suspects will be visibly prosecuted. Unfortunately for the proles their fate was already decided years before. Many believe they still are under a system of laws with their constitution firmly in place and protected by a "strong military". Unbeknownst to the average prole the military is NOT used to protect the proles OR the constitution. They are the new Centurions. Professional soldiers designed to take orders and their orders come from the highest power in the world.....and that power has been calling the shots in the west for a number of centuries without any real challenge.

I'm giving the current system less than a 50-50 chance of survival, but that's enough that I'll play the casino with some of my chips. If you're the gambling type and feel you can beat the house then you can play too. Paper of any type is a complete crap shoot here so buyer beware. My real worries aren't with the casino but its with the violation of nature's law that "we the people" have engaged in. You can be the judge of what "that violation" is. I think many of you can come up with those answers if you wish to be introspective. I have a fairly long list that I can plead guilty too. So let's see what kind of wind comes our way now.....gl



77 comments:

  1. http://www.zerohedge.com/news/2013-08-03/egypt-verge-engineered-civil-war


    "When one examines the impending disaster in Egypt, it is important to avoid using a narrow lens and take into account the bigger picture. An Egyptian civil war will not ultimately be about Egypt. Rather, it will be about catalyzing the whole of the Middle East towards breakdown and drawing in larger nations in the process, including the United States. It will also be about triggering energy price increases designed to give cover to the collapse of the dollar's world reserve status. If globalists within our government and within central banks allow the dollar to die today, THEY will be blamed for the collapse that follows. THEY will be painted as the villains. But, if they can create a crisis large enough, that crisis becomes the scapegoat for all other tragedies, including dollar debasement. Egypt is just one of many regions in the world where such a crisis can be fabricated. Right now, it seems to be the most opportune choice for the elites."

    ReplyDelete
  2. Jay a few FYI's:

    http://www.zerohedge.com/news/2013-08-03/obama-meets-security-advisors-over-most-specific-credible-terrorist-threat-years-us-

    http://johngaltfla.com/wordpress/2013/08/02/a-hint-of-war-federal-railroad-administration-issues-emergency-order-for-trains-with-hazardous-materials/

    http://johngaltfla.com/wordpress/2013/07/31/state-of-the-union-on-july-31-2013/

    http://www.zerohedge.com/news/2013-08-03/barack-obama-anti-patent-troll-chief

    http://nytimes.com/2013/08/04/us/other-agencies-clamor-for-data-nsa-compiles.html?hp=&

    They can't get enough.....

    Jay its right in front of you! We are no longer what we once were.....

    “Since mankind's dawn, a handful of oppressors have accepted the responsibility over our lives that we should have accepted for ourselves. By doing so, they took our power. By doing nothing, we gave it away. We've seen where their way leads, through camps and wars, towards the slaughterhouse.”
    ― Alan Moore, V for Vendetta

    ReplyDelete
    Replies
    1. but but....Tom......that's not what we're told by the MSM........hehehehheheheh...nice work

      Delete
    2. Hi Tom, those are great links and I enjoyed reading them. I totally agree that America has changed. It's not the great country that it used to be.

      But the link I was referring to involves a ban of physical gold into Pakistan. There is no way they'd do it here. If the US dollar ever became worthless quickly, they'd start up a new currency before banning gold imports.

      Delete
    3. Jay,

      Correct but the Point of Purpose was to quickly illustrate that in our Country anything can and does happen that is nowhere near what is Constitutional or follows the rule of law and while this has been going on since the 70's, since Bush II this behaviour has gone into warp speed and obviously they are now longer making the effort to hide their intentions and out right lie, cover up and play the "dont look here nothing too see now just move along" game with the help of the MSM when things go askew....

      God forbid some one challenges or worse "whistles" about their work, you surely can see where that can get you and not just the current events there's tons of situations of conscious waiting to be heard out there that we don't know about and due to how these folks and their families are treated we never will.....

      You at times, based on your comments still place your faith in the fact that the Constitution and Bill of Rights are still relevant as do many others, I wish that was the case, I truley do but depressingly it is no longer.

      Will the Government ban imports on gold? If they want to the will, they are allowing out right theft of it re: Jon Corzine and other cases of rehypothication....

      Anyway that's where I was coming from....

      Lastly,

      http://news.cnet.com/8301-13578_3-57596791-38/fbi-pressures-internet-providers-to-install-surveillance-software/

      Just can't get enough!

      Delete
    4. Ooopp's

      http://news.yahoo.com/exclusive-u-directs-agents-cover-program-used-investigate-091643729.html

      Just Metadata nothing but harmless Metadata.......

      Delete
    5. "FBI pressures Internet providers to install surveillance software"

      This is like the book 1984 coming to life. They want to track our every move.

      Delete
  3. MSM is doing its part.....

    just spreading the message "FEAR" for control.....

    http://abcnews.go.com/m/blogEntry?id=19865399&ref=http%3A%2F%2Fwww.drudgereport.com%2F


    http://www.youtube.com/watch?v=Iu_30-8ZlmQ

    Life imitating Art......

    ReplyDelete
  4. Let's see whether the "fear" trade will be on this week.

    ReplyDelete
  5. Maybe but my guess is we have a little way to go yet.......CONfidence is that fuse

    ReplyDelete
  6. http://blog.milesfranklin.com/the-irrefutable-physical-gold-reality-live-from-china

    ReplyDelete
  7. scroll ahead to 38:32 to watch kyle bass

    http://www.youtube.com/watch?v=jzkYeSfgZQI#at=2848

    ReplyDelete
  8. I watched the Financial Sense radio show again.
    The technicians there still feel Gold will go lower: The targets ranged from 1050 to 1155. And, that bottom will be the "final bottom".

    ReplyDelete
  9. Looks like I was off by a day...

    Gold
    1,298.10
    -12.40
    -0.95%

    ReplyDelete
    Replies
    1. Just read the news... The "T" word is back!!

      FED'S FISHER SAYS FOMC `NOW CLOSER' TO TAPERING BOND PURCHASES

      Delete
  10. They WILL taper in September....its still just a faux move. There is NO WAY they can MEANINGFULLY decrease bond purchasing mathematically. WE ARE BOXED IN. But yes they WILL taper in September....Market may even rally initially but the sell off WILL follow as the engineered market takedown will ensue. This is truly a mathematical mess. My guess is we have a big conflict to distract the masses from the economy and the market crash while the bankers take in all the short chips.....should be quite a show.....unfortunately we will be the entertainment for the lions.

    ReplyDelete
    Replies
    1. Sell off may be a full month after the taper.....but they will sell it hard

      Delete
    2. Where do you see the S&P?

      Should I invest in SKF or FAZ?

      Delete
    3. I myself am NOT investing any significant money in any etf especially the leveraged bullshit etfs

      Delete
  11. The world is going to crap and all the news media is freaking out about A-Rod and his drug fueled buddies.

    ReplyDelete
  12. Hey its just distraction for the masses......

    Hehehehe

    Let um juice, its their body, they know full well what they are doing and you have to be an idiot not to understand the long term effects of synthetic hormones and its effects on the body!!!

    Got to do something to keep that $250 million contract going at such an old age.....

    Besides home runs sell tickets!

    ReplyDelete
  13. Good day so far... bought BBRY weekly calls at the close on Friday and got a triple out of them. Only $100 gambled but will buy a few steak dinners :)

    Sold some AG covered calls above my buy in today. They expire in 2 weeks, and even if they get called that will be 5% gain. Nothing to sneeze at in two weeks!

    ReplyDelete
    Replies
    1. BlackBerry Ltd
      NASDAQ: BBRY - Aug 5 2:28pm ET
      9.67+0.75‎ (8.41%‎)

      Enjoy the steak. I prefer T-Bone cuts.

      Delete
  14. What do you guys think about shorting Tesla Motors, Inc. (TSLA) into earnings? I'm seeing way too much speculation.

    ReplyDelete
    Replies
    1. its a pig like all of the other pigs like amazon but the liquidity sharks are killing the shorts for sport so be careful ....if you want go shark hunting with a knife then I say yeah...its a pig

      Delete
  15. Well, I'm not waiting till Sept, and have no plans to chase the remaining 5 percent or whatever the market has left. My retirement accounts are now 80% cash, as are my trading accounts. I've done reasonably well in the casino and getting out now seems like a good idea.

    As for gold, while my initial plan was to wait until sub-$1000, I will most likely initiate a purchase if we reach Doc's target of 1050 or so.

    ReplyDelete
    Replies
    1. good luck with that gold target bud.....i'll buy a big silver pile or gold there if it hits BUT......

      Delete
  16. Excuse me if I already posted this (obviously can't remember), but M. Armstrong has a change in trend as of 8/7 and confirmed the wk. of 8/12.

    ReplyDelete
  17. Note the 1050 target was given by a guy named Townsend (? spelling??) & he is more of an oil trading expert.

    ReplyDelete
  18. As far as A rod goes its all just "bread and circuses" for the proles.....they laugh at us how pathetic we are

    ReplyDelete
  19. go ahead and drink the koolaid but before you do you might want to look at this....draw your own conclusion and feel free to disagree with the stats.........but its over

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/5_Heres_Why_There_Is_A_War_In_Gold_Near_The_Key_$1,300_Level.html

    ReplyDelete
  20. KWN is one of the biggest Jokes on the internet.JMO

    ReplyDelete
  21. http://market-ticker.org/akcs-www?post=223354

    Ooooooo look who's helping whom!

    Connect the dots.........

    1984 and beyond!

    ReplyDelete
  22. http://www.zerohedge.com/news/2013-08-06/us-trade-deficit-plunges-342-billion-lowest-august-2009-highest-exports-record

    ReplyDelete
  23. Phil Davis wrote today that yesterday's volume was incredibly low--and lower than that on many market half days. He charts a "Blue Sky Index" which is very high and typically signals a market correction.

    Keystone is still speculating one more thrust higher--perhaps to 1718 on the S&P before the market breaks down. Perhaps a final chance to get out of long positions.

    Let's see what happens.

    ReplyDelete
    Replies
    1. they've stuck to a script so far and if they do then I just don't see the big dump until Sept or Oct.....Paper gold and silver being shaken hard today....so nothing breaking there yet.....

      Delete
  24. CNBS fawning over Ashton Kuchar on the NYSE floor.....its just pathetic....Santelli just sarcastically joined in on the fawning and the CNBS talking heads didn't even get it.....

    ReplyDelete
  25. Looks like Richard Russel is with Budfox.....he's had enough

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/6_Richard_Russell_-_I_Havent_Seen_Anything_LIke_This_In_60_Years.html

    ReplyDelete
  26. So much for the fight @1300...even Catherine Austin Fitts saying 1100.

    ReplyDelete
    Replies
    1. must be a few more commercial shorts to cover and a few more weak leaves to shake......ORRR......there could be a more sinister issue.......DEFAULT of the bullion banks at a VERY low paper price of gold and I think this could very well be at play.....issue some fiat to cover your default on allocated and unallocated gold at VERY cheap gold prices......heheheeh.......its diabolical.....

      Delete
  27. The Spectrum Group, which conducted a survey of wealthy and affluent investors, recently asked “What do you wish you had done differently in the crisis?”

    The rich answered:

    1. Save More

    2. Do more of their own research

    3. Don’t take out debt

    ReplyDelete
  28. I recommend spending two minutes reading this

    http://www.zerohedge.com/news/2013-08-06/guest-post-case-fed-tapering-sooner-rather-later

    ReplyDelete
  29. AG Covered Calls I sold already have lost half their value. This being the option seller is nice and stress-free. Should have been doing this all along!

    ReplyDelete
  30. So far, these guys on Keystone say don't panic. Market could reverse yet & go up.
    Let's see if things stabilize.

    ReplyDelete
    Replies
    1. all engineered doc......if they want to engineer panic ...then they will....anyone long in general equities at this level is what is known in the vernacular as a ..........bagholder

      Delete
    2. one caveat ..... distribution can take much longer than one thinks and I think they can push this a little higher with some faux pull backs and faux rallies....but Sept or October will be the real tanking

      Delete
  31. 1697 or 1688 which ever breaks first will be a large move...what will FED-Evans say/

    ReplyDelete
  32. I'm still short GLD... Dive! Dive!

    SPDR Gold Shares (GLD)
    124.33 Down 1.37(1.09%) 11:43AM EDT - Nasdaq Real Time Price

    ReplyDelete
  33. Evans is likely to walk back taper talk.... He is a puppet so whatever needs to be said he will say it. Being short gold over night takes a brass set....

    ReplyDelete
  34. they will continue to use "taper talk" to manage the market tape....the managed data tells me they intend to taper in september and the market will most set a high just before or just after taper is announced. As far as gold and silver that depends upon the physical buyers remaining in check. If the East crosses the rubicon on the cartel then all bets are off and gold and silver will rally before taper and after....but if the East remains checked (which I would bet on) then golds ascent will be controlled until after taper is announced. This is all new territory but that doesn't mean the game won't be played as before.

    ReplyDelete
  35. Jay.....beware they may play gold in the 1280 to 1340 range for awhile. Silver is not confirming gold today

    ReplyDelete
  36. just got short the spx ...for the trade of it.

    ReplyDelete
  37. CNBS just did a massive hit job on gold....and you think this game ain't rigged.....hehehehhehehe......Cramer pumped GLD last nite and they dumped it today.....hehehehehehehehehehehehehehe

    ReplyDelete
    Replies
    1. Sometimes I wonder if the Goldman trading desk has a direct line to the CNBS executive producers.

      "OK guys, we've got enough cash in the net, reel it in! Slaughter time!"

      "No problem Lloyd, anytime buddy."

      "Remind that I owe ya a bottle of Cristal at the convention next month."

      :)

      Delete
  38. Hehehehe

    Follow the money, I'll bet they get a tad more than a bottle of overrated champagne!

    ReplyDelete
  39. O/T but what do expect from me.....

    but this is too freaking funny!

    http://www.breitbart.com/Big-Government/2013/08/06/NYC-health-department-bed-bugs

    Only in NY.......

    Bwaaaaaa!!!!!!

    ReplyDelete
  40. ZLCS buy program kicked in there...Doc I saw your comment, once it crossed 21-50sma it just took off, if it gets above .81 it should move to $1 fast...

    ReplyDelete
  41. Hehe, one of the absolute dogs in my portfolio, Stone Energy, is flying today!! Completely forgot about that one and was targeting it for some tax loss selling later in the year. Now, I'm about to break even again. Aside from that, there is something nice and calm about staying mostly out of the casino. Cashed out most of my longs, and not brave enough to short anything, either. Gl to all in these crazy times!

    ReplyDelete
    Replies
    1. Never heard of them...

      Stone Energy Corp. (SGY)
      -NYSE

      27.61 Up 1.86(7.22%) 2:31PM EDT - Nasdaq Real Time Price

      Delete
  42. Anyone playing Powerball this week?

    Powerball Jackpot for Wed, Aug 7, 2013

    Annuity
    $400,000,000

    Cash
    $230,300,000

    ReplyDelete
    Replies
    1. Of course but don't you bother playing. I got this one covered.

      Annuity
      $425,000,000

      Cash
      $244,700,000

      Post-Tax
      $145,000,000 (est.)


      How does one go about purchasing $145,000,000 worth of physical gold and silver?

      Delete
  43. Jay "who" do you think the "un-named sources" that CNBS uses constantly..."who" do you think guys like Herb Greenberg and David Favre are on the phone with when they are ON air...especially Favre....I am not saying its illegal only that is how they move stocks traditionally....some great books out there that tell you how the game is rigged

    ReplyDelete
    Replies
    1. It's a dirty game KLI. I remember a while back, you told us about your friend that said the stock market was created for one reason, so the insiders could take money from outsiders.

      But we still play. Heck, even with all your trashing of paper... you've still got your miners. I guess a tiny part of us deep down inside still believes in the system.

      Delete
    2. no jay i think that the system is nothing but a casino with the odds stacked against you.......I DO believe that if you play you NEED to know that. I will NOT defend playing in the casino because it is NOT defensible....IF the casino doesn't completely disintegrate then my miner play will probably be fine. IF you don't hold your equity stock certificates then there is also a chance the broker holding them will probably lose your positions and money completely. This is a 120year supercycle collapse and believing you can go back a few decades and look at history to see how this plays out is foolhardy. As far as "dirty"...NOTHING is going to describe the potential diabolical changes that you will see in the next couple of years..

      Delete
  44. Just saw this on Twitter:

    BreakingNews 2m

    US Justice Department files civil lawsuit against Bank of America over mortgage-backed securities

    Hahahaha.... USA bails these assholes out... then sues them... please tell me I'm dreaming.

    ReplyDelete
    Replies
    1. all for show but you can expect BA to be the first big bank to be taken down

      Delete
  45. OK there's the touch on the 62 fib lets see tomorrow

    http://stockcharts.com/h-sc/ui?s=SSRI&p=120&yr=0&mn=2&dy=0&id=p89979305811&a=242315566&listNum=1

    ReplyDelete
    Replies
    1. Tomorrow will be a very interesting day for gold and miner traders.

      Delete
    2. yup......close here also

      http://stockcharts.com/h-sc/ui?s=HL&p=120&yr=0&mn=2&dy=0&id=p12709702290&a=242995204&listNum=1

      Delete
  46. pure evil

    http://www.independent.co.uk/news/uk/home-news/they-wont-be-lovin-it-mcdonalds-admits-90-of-employees-are-on-zerohours-contracts-without-guaranteed-work-or-a-stable-income-8747986.html

    ReplyDelete
    Replies
    1. It's Mc Donalds. Just about every restaurant(fast food or not)in America does the same thing during slow periods. If those workers aren't happy, they should just quit.

      If places like Mc Donalds gotta start paying $15 an hour, offer full health care and guarantee 40 hours a week, our Bic Macs will cost $20 a piece.

      It seems like a lot of media on both sides of the pond are really trashing fast food wages lately! It's Mc Donalds, not rocket science.





      Delete
    2. Wrong! Pure Evil resides in Washington DC past & present, it is because of them and their fkn policies people need to rely on what once was the domain of pimpled faced teens....

      Delete
  47. Have y'all seen this (these)?: http://libertyblitzkrieg.com/2013/08/03/welcome-to-third-world-america-camden-new-jerseys-tent-city/

    ReplyDelete
    Replies
    1. hehe. I visited Manila last year sister. That youtube reminds me of some of the shanty's I saw down there.



      Delete
  48. Taper, budget (continuing resolutions?), debt ceiling..... Things could get really volatile by September. Question is - what happens if things spin out of control and the FED can't regain control?

    ReplyDelete
    Replies
    1. To sum things up........

      Kli's right, Bud's wrong & we're all fked!

      Delete