Saturday, January 30, 2016


Its all CONtained. You just have to believe the PTB, the puppet masters, the Elite, THEY........You just have to believe THEY will hold this all together long enough. What's long enough? Longer than you can stay solvent long enough? Maybe its longer than you can last watching the daily CON game on CNBS. Maybe longer than you can read the daily headlines on Zerohedge wondering whether reality has any bearing on anything we do anymore. 

So who can predict this accurately? Maybe its a hot hand like Bain's Harry Dent. Without getting into dissecting Dent, I'll just focus on his gold call. NO ONE has called him out on his main premise on gold and that is its NEVER done well during deflation. Sorry Harry, you're full of sh#$. I'm not sure he's willfully ignorant, but gold and gold mining shares were the number one assets to  own during the Great Depression and history shows that when fear sets in gold is where the paper assets go for shelter and in my opinion that IS the game of the paper masters. They MUST keep gold from creating the GLOBAL fiat currency bank run. It cannot be allowed to serve as a "safe haven" and paper must be defended at all costs including sovereign nation's loss of gold bullion.

You're being CONNED and eventually all cons end with discovery. All bubbles burst eventually and all Ponzi's collapse. You're living in the middle of an incredible time and as this global collapse unfolds there will be unbelievable events to behold. Enjoy the history we are making and out of the ashes will rise "green shoots"

Sunday, January 24, 2016


Relax pidgeons
Just relax, its only a correction. The best move is to make no move at all.  Its a global market. Its a global economy. China's strength will carry us through. China's economy is not significant to affect our economy. China can slow down and its effect will be negligible. 

Oil's price drop will be the best thing that happens for our economy. Oil's price drop won't effect the employment rate significantly. CONsumers will spend more money with the oil price drop windfall in their pockets.

The strong dollar will be good for Amerikans. The reason the corporations can't make their earnings and revenue estimates is the strong dollar. A weak dollar will help Amerika. Its good for our corporations. 

Higher interest rates are necessary for our strong, growing economy, but we are prepared to go to negative interest rates quickly should it become necessary. Returning to normalized interest rates is essential. However reversing to negative interest rates may be more essential. 

Savings are good for a sound banking system, but we would like to see you spending more on CONsumer goods like I phones and I pads. In fact savings are so good for a sound banking system that we're going to keep interest rates on your savings at zero or below forever in our growing eCONomy. 

We believe your CONfidence is essential to our plan. gl

Thursday, January 21, 2016


And don't you dare believe anything else. You are an Amerikan! You can do anything. You can build offshore gulags and torture anyone you want to. You can work till you're 50 and retire with a pension and benefits until you're dead! You can be a member of the greatest economy in the world that now is a CONsumer economy and has 12% of its GDP manufacturing "something". We now have become a global parasite using our reserve currency status (look at it as a giant credit card) to have one last fling at the expense of the "developing nations" or as I like to refer to them "our slaves". You can now gorge yourself on cheap GMO food and drive gas guzzling SUVs on cheap gas thanks to your scorched earth foreign policy. You can have 800 military bases in 125 countries and threaten war with Russia for going into Syria at the bequest of the Syrian government to fight terrorists that we trained and equipped. 

You can have a press that is owned and paid by seven corporations that daily tell you how great you are and how lucky you are to just have a job and that the 93 million of you little people that have given up looking don't even show up on the people meter. You go ahead and whistle past that graveyard. You go ahead and keep taking your pension that is based on a calculated 8% annualized ROI. You're exceptional.

Sunday, January 17, 2016


Maybe Uncle Wally should say bye bye bye, but he won't. He'll be back on your screen soon, as the market breaks down into the road to hell. Just like 2008, you'll see the most amazing stick saves and record short squeezes with the market moving up into a counter trend frenzy with the sycophants chanting praise to the Oracle from Omaha for saving their stock investments. He's a little older and little more worn from his global jet-setting trying to help all of the "little people" become rich in the greatest stock market game ever! Even a cynical curmudgeon like myself finds himself stopping to watch the famous carnival barker shill for the bankers. How can you resists his warm, genuine, charms? After all he's RICH!

This time will be different. This time they won't let the market crash like the last two bear markets in 2000 and 2008. This time they won't let fear enter into the equation like 2008 when we began to find out that banks were levered 100:1 on subprime loans. This time we have taken important steps to prevent just such an occurrence. For instance this time we've levered up on student loans. We've levered up on sub-prime auto loans. We've levered up on shale oil drilling all over North America. We've levered up on Biotechnology. We've levered up on electric cars. We've levered up on Solar and Wind energy. But best of all......we are going to make sure that NO big bank has to show us any losses this time. This time we have already told the banks that "Mark to Fantasy" isn't even necessary.....just quietly keep it off your books. Tell your bankrupt clients just to start selling their pieces off to anyone that'll throw um a buck and you'll take any dime they give you. Great game ain't it? Just one problem ain't gonna work. Oh maybe for a quarter or two they will be able to stop the bleeding, but this is an age old game that never has worked, and the reason is simple. CONfidence. Once you lose the CONfidence game you can't put it back and they're losing it big time.

"You will not survive here, you are not a wolf. This is the land of wolves."

Those of you that want to play the big casino, be advised the time is running out fast. Enjoy the big move up coming soon. Remember in August when the market cracked and I had told you we had CONfirmed a new Primary Bear and I told you get ready for a big squeeze and we got three months of bliss with it looking like they just might make new highs and violate the Primary Bear call??? Remember? Well they didn't. This time they'll squeeze again and cast doubts on the Bear. Don't fall for it. Take some time out and reassess your preps.......whatever they are......Time is precious and I enjoy the reparte but this is not going to be funny much longer. At least we won't be able to pretend we're laughing much longer. gl

Sunday, January 10, 2016


After the past two weeks of carnage in the stock market if you are still in the camp this is just a correction, then you need to stop reading this post now. For those of you that are having doubts now about the Fed's ability to levitate this steaming pile of a stock market to give the illusion the underlying economy is in a recovery......congratulations, you just might have a chance to make it through the meeting of reality and pixie dust.

We just had the worst first week in the HISTORY of the stock market and its a bell weather of what could be the worst year in the history of WORLD stock markets. Most of us have succumbed to the snake charming skills of the global puppet masters pouring trillions of digitally printed dollars into the banking system in order to fill an ever expanding black hole of debt.

It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.

The illusion of "recovery" is repeated over and over and over on virtually every MSM outlet in an effort to stoke the embers of "CONsumerism" and the resultant "VELOCITY OF MONEY" and its become so comical the Faux Journalists can't even CONceal their own contempt now when they question their prescribed daily "expert" pumper guests. The faux journalists have retirement accounts that are being decimated by the stealth bear that has been brewing for over a year now while many S&P 500 high flyers have been already taken down over 40%.  

Hedge funds are beginning to close down shop and openly stating they can't in good CONscious manage other peoples money in an environment that no longer is guided by any historic economic principles. A nice way to tell you they think we are about to collapse and "we're gettin' the hell outta here now, before the pitchforks and lamp posts arrive".

I have a problem with Harry Dent as most of you know by now. I think he misses a key element in the gold argument. He's lumping gold into every other asset that collapses in price during a deflationary collapse and states that gold collapses too. Historically he is obviously wrong. The last deflationary collapse was the 30s and gold rose magnificently as did the miners. This time I believe that gold's performance will also be the same except on steroids. The reason.....simple, they have created so much printed money and distorted so many paper currencies and lied so much that CONfidence in their ability to make real economies and protect your paper assets will collapse with gold being the last currency standing. I think this occurs much earlier in this deflationary cycle than Dent does due to this LOSS OF CONfidence. Dent believes it will happen late in the cycle ONLY WHEN INFLATION rears its head because of their out of CONtrol printing. It may sound nuanced to some of you but I think its critical in your preparation of owning sound money. You can decide yourself and so far Dent has appeared to be right in his predictions. gl 

Thursday, January 7, 2016


Its not about China. After all they aren't that important. Its really about Facebook. Its really about Amazon. WE own Nike. We own KFC. That's what Jim Cramer says is really going on. China's just not that important. 

Well carry on and don't worry about it folks. The market is going to the moon. I've got lollipops dancing in my head and pixie dust to sprinkle all over us forever. Just remember one little thing. We are in a Primary Bear now. Adjust accordingly.

Now I can comment

Sunday, January 3, 2016


Don't worry you won't see this...we have EBT cards (we aren't stupid)
No you don't. Well maybe you do, so let's examine this meme a little closer. You have a job. Yet, 95 million working age Americans have given up looking for a job. You are in a recovery. You just received a raise. Yet, overall working Americans have had stagnant nominal wages for over 15 years. That is unheard of in our history. 

You save dollars in your bank account. Yet, the FDIC is effectively broke. You say they will be able to just print money to pay you your dollars if your bank closes. Yet they have already said their plan is for bail-ins instead. Why? This time they apparently believe the "dollar" may face a drastic devaluation either through it losing its reserve status (see IMF (SDR) or China/Russia/etc currency swaps). You see there are many Countries being forced right now to absorb our pain by accepting the dollar as the reserve currency and they're not going to take it much longer and are positioning themselves now. Are you?

You listen to the daily cacophony on MSM telling you we are engaged in multiple military operations around the World and view this as just another video game on your phone. You view this as a natural evolution in the global power structure with "cooler heads" eventually prevailing. You view the execution of a Shiite Cleric by Saudi Arabia as just another crazy Arab event in the context of a multitude of crazy Arab events. In other words you are so bombarded by these escalating events, it becomes just noise in your daily existence.

You listen to the MSM tell you its normal to print 18 Trillion in debt paper and that our recovery can CONtinue to procede without any regard to Nature and the mathematics that must be obeyed. In other words you have a new God now. A God that is so powerful they CAN walk on water, they CAN defy gravity and they can willfully violate every tenant of Economic Law and just tell you its a new tool they have developed for your "recovery" from an Economic collapse that they told you they "Couldn't see coming" and when we were in the middle of it, they told you "There is no crisis". So now you believe them. Now, you believe it when the tell you there was a crisis and it was the "worst crisis since the Great Depression"..........but its all fixed now and we are in a "recovery". In fact its such a good recovery with top line revenues falling across virtually all companies, that we can raise interest rates. 

Amen, I have a new God. gl all