Sunday, January 24, 2016

CONFIDENCE! THERE IS NO CAUSE FOR ALARM

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





103 comments:

  1. groundbreaking study from Princeton University is causing a lot of controversy, but its findings are undeniable.

    The university study explain that U.S. democracy is pure fiction. That is, the researchers explain, it simply does not exist.

    The scholars behind the study asked the question: “[w]ho really rules?”

    Researchers Martin Gilens along with Benjamin I. Page concluded that over the past few decades in particular, the U.S. political system has gradually changed in a way that has warped the Democratic Republic into a nearly pure oligarchy, where the elite 1% rule with almost total influence and control over the government and even police state apparatus.

    The researchers drew data from over 1,800 different policy initiatives dating from 1981 to 2002. They concluded that wealthy, well-connected families are the ones who steer the direction of nearly everything politically in the United States.

    “The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy,” they explain, “while mass-based interest groups and average citizens have little or no independent influence.”

    Gilens and Page compare and contrast the political preferences of those at the 50th income percentile to preferences of those at the 90th percentile in addition to major lobbying or business groups.

    The pair found that regardless of whether one is Republican or Democratic was of no significant difference. The results showed that more often than not, policy followed the interests of corporations and the 1%.

    The research notes recent Supreme Court decisions that allow more money in politics – pointing to this as a likely factor in this transformation into an oligarchy – stretching back to the 1980s.

    “Ordinary citizens,” they explain, “might often be observed to ‘win’ (that is, to get their preferred policy outcomes) even if they had no independent effect whatsoever on policy making, if elites (with whom they often agree) actually prevail.”

    (Article by M. David and Reagan Ali)

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  2. EVERYBODY moviing to cash.......tells me that is NOT going to be the place to be if it is getting crowded......hmmmmm...can you say NEGative interest rates coming.....can you say DOLLA devaluation.....can you say the devil's comin' and you ain't gonna stop it

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  3. If my bank ever tries negative interest rates, I'll put my money under the mattress!

    Negative interest rates are unamerican!!

    ReplyDelete
    Replies
    1. hahahahaha.....you'll never get the chance to put your "paper" chit under the mattress.......hahahahhahahahahah......they're so far ahead of you its not even close....BWAAAAAAAAAAAAAAAAA....you and butfox think you'll get out of the system before the music stops.....too funny

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    2. no offense meant Jay but they've spent centuries trapping the suckers in the casino and you'll be no different

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    3. Jay this is for you

      https://www.youtube.com/watch?v=7EPTCm9RVRM

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    4. Tis true Jay, if it's not there NOW..... FUUGETABOUT, IT anyway go read up on Greece & Cyprus to see how they do it...... just saying ;)

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    5. Greece and Cyprus are a lot different than America. Here in America, we have FDIC. We have law and order.

      Furthermore, there are thousands of banks and credit unions in America. If my bank ever decided to "go negative" I'm sure I could find another (non-negative)bank that would gladly accept my deposits.

      Plus, Greece and Cyprus are borderline communist countries and Obama is.....ooops nevermind.

      Delete
  4. Anyone watch the X Files last night. Very interesting, lots of political commentary and of course conspiracy theory government v. the people. Yes, oligarchy it is...corruption is so rampant that only a total collapse will "fix" it.

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    Replies
    1. Yeah a little bit, do you think they watched a little AJ to come up with that O'Malley character? hehehehe Art imitating Life or is it the other way around, I never get that one right......

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  5. Interesting:

    The US Treasury has told a BBC investigation that it considers Russian President Vladimir Putin to be corrupt.

    http://www.bbc.com/news/world-europe-35385445

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  6. Oh Jay I love your optimism.... FDIC hehehehe Like I said if you don't have it stuffed now you ain't getting it if the decide haircuts are in order but we're not like Greece or Cypress right?

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  7. Yes....just relax...and let the FDIC protect you.....BWAAAAAAAAAAAAAAAAAAAAAAA

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    Replies
    1. CONversation reminds me of the MASH show where old script had to be turned in for new script. Charles was buying up all the script he could get from the locals) at pennies of actual value..... He got back too late and was not allowed in the conversion line.

      Now what was that about the government couldn't take your paper, force you to get it out from under the mattress to trade it for a new devalued currency? Do that or your paper goes to zero.

      Just a scenario - no negative rates and forced you to cash in at a discount.

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    2. they can't do that....that's not fair.....BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

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    3. And you think the ELITES got rich playing fair? Heck, with zero rates it has been costing me several hundred an month in one of my IRA accounts. Some one had to bail the banks out. So what does FAIR have to do with anything?

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  8. serious note......the first primary wave of the bear will remain intact until the Fed weighs in with a major announcement of either QE4 or similar liquidity injection. all other announcements from them will just be noise to put brakes on the declines and prop up CONfidence. ie. the first wave could be intact for several months......

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    Replies
    1. You think they will actually announce it? Maybe, since it's an election year. Markets need propping for that purpose also.

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  9. KLI: Will the S&P test 1820 this week?

    Also, did you make any trades today?

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    Replies
    1. NO trades today. No way to say the movement here.....this thing could actually collapse quite rapidly but only THEY know where they want it this week at this point. bottom line is itsa BEARRRRRRRR...and a lotta people are going to be destroyed during the next few years.

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    2. I think they retest 1820 this week. Maybe tomorrow. They need people to be freaking out so Yellen can come and save the day.

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    3. Check! Maybe no decisions today due to snow (OMG, that global warming's a bitch) closings in D.C. and NY.

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    4. The way I see it is no one seems to care
      what the stock market does. The average person don't own stocks. I'm on facebook a lot with folks my age not much talk about stocks.
      Kindle

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  10. If they don't now your probably right... Hehehehe

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  11. KLI, Tom: Why do you guys trade paper if you think our government is planning a Cyprus?

    This is the United States. They can't just empty our accounts overnight. There would be riots in the streets. Every last bank in America would have angry customers waiting at the doors. I just don't see it happening here and this is why I don't own any gold or silver.
    My cash will be fine.

    ReplyDelete
    Replies
    1. I have no problem with you not owning gold or silver Jay....in fact I knew you would never own gold or silver years ago.....so relax...the government has all kinds of things they'll do to guarantee your safety....that's why they are there......to make you safe. On another side note....(i think i alluded to this in the past) i have a very close contact that one of the lead IMF bankers that was in charge of the takedown of the Cyprus banks...and the real story on cyprus is not public info

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    2. Read Winnie the Pooh be happy! Do you want to know how things really work or do you want to just be happy and cheer for the Broncos at Super Bowl 50? Be happy you only see the minions doing the dirty work. There is a cold bitter chill when you talk serious shop around them.

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    3. "its all good"......on a side note red...my boyz in NY last month were in a state of depression and running scared...still scouring southern france and south america for bugout homes for the "next couple of years"....hahahhhaha.....i didn't have the heart to give them my assessment, and only smiled. all are high level WS operatives

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  12. paging butfox paging bufox....paging falling knife catcher butfox.....we all wanna know your next move...you're famous here......hehehehehheheehhehe......BUY DGLD BUYBUYBUY ..BUY Expedia....BUYBUYBUY

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  13. https://www.youtube.com/watch?v=Fgj_wlW-Ty4

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  14. Its begun kli but it will be an asymmetric take down for one more month with the underlying breadth continuing its momentum to the downside. This decoupling will ultimately end with a severe three day index move down and then you will get your Fed announcement in late F or M

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  15. R U OK Buttfox??? We're wuried bout ya.......all that DGLD is gettin' a lil heavy here.....ya may wanna puke it all up today.......heheheheheehehe

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  16. DGLD - Jan 26 11:11 AM EST
    79.98 Price decrease 2.21 (2.69%)

    Gold
    1,119 +13 1.21%

    Buddfox: Are you going to sell your shares today?

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    Replies
    1. Why do you attack me Mr. Jay. I'll be so rich and the rest of these fools will be eating garbage out of my back yard. I am going to crap all over these morons when gold goes to 600. Go ahead and suck up to these fools.

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    2. I didn't attack you Buddfox. If you scroll up... it was KLIguy that attacked you. I was just wondering if you sold your shares yet.(Hopefully you did).

      I don't like to see anyone lose money here. If it were up to me, we'd all be smoking the market with our trades.

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    3. waaaaaa.....waaaaaaaaaa.....waaaaaaaa....hehehehe....how's that DGLD snotlicker?

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    4. Burning his arse...... Currently $78.97 and what was Snot's entry price again? $92.70 sumthing....

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    5. Nahhhh He's RICH!!!! He can take the hit hehehehe

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  17. KLI: Are you looking at any trades today?

    Your favorite pig:

    Netflix, Inc.
    NASDAQ: NFLX - Jan 26 11:34 AM EST
    96.17 Price decrease 2.95 (2.98%)

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  18. Jay - negative interest rates: You get .25% interest on your savings at your favorite Credit Union. Inflation is 1.25 % - so your rate of return is a negative 1%. Loving that negative rate of return Jay?

    ReplyDelete
    Replies
    1. I don't like it Inlet. It's not fair to savers like me.

      Delete
  19. 1.25% inflation Inlet? I suppose so, just so long as you don't eat! Hehehehe

    Jay you're cracking me up with your naïveté, hehehehe its kind'a refreshing in an odd sort of way ;)

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  20. Where is the ole Snot'ster? Markets up today.......m

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  21. Hey Jay,

    You Meanie you hehehehe. Why do you think?

    http://www.zerohedge.com/news/2016-01-26/chinese-gold-imports-soar-investors-lose-faith-collapsing-stock-markets-and-currency

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    Replies
    1. I know we're in worse shape.... However our Air is cleaner but don't drink the water in Flint, it's spoiled.....

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    2. China is definitely not amerika.....they have new, highly developed infrastructure with a manufacturing based economy that does not have 800 military bases in 150 countries....they have high debt but they also have a trade surplus and large reserves and we have NEITHER. They have a large gold reserve now and we have virtually no bullion any longer. They grauduate 500k engineers a year and we graduate 50k..... I could go on but you will find out that the propaganda on China isn't what it seems

      Delete
  22. Crapple missed even the guided down revs......ooooooooboy.....this whole steaming pile of poo is collapsing

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  23. Red Apple Crapple, just the thing for a Butt Fox

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  24. Apple after hours...

    Price: $97.30
    Change -2.69 -2.69%

    Jan 26, 2016 7:19 p.m.

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    Replies
    1. short any rip in Crapple......its toast

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    2. looks like crapple pooped all ova da place

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  25. Jay what was it you were saying?

    http://www.zerohedge.com/news/2016-01-26/capital-controls-are-coming

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    Replies
    1. That's a very scary article Tom. I pray that none of those things happens in America.

      Interestingly... the 4 countries mentioned in the article are all hard left socialist countries: Greece, Cyprus, Argentina, and Iceland

      Throughout history, the further left a government leans, the poorer the serfs become. That's something Marx forgot to add to Das Kapital.

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    2. Jay I'm down with Prayer especially when I'm looking for a little peace of mind BUT read the following, very slowly........ I don't think Prayer is gonna help here!!!!! "Today, with no conceivable end to the U.S. government’s runaway spending, sky-high debt, and careless money printing, I think it’s only a matter of time until the government decides capital controls are the “solution.” There’s no doubt statist economists like Paul Krugman would cheer it. All it would take is the stroke of the president’s pen on a new executive order." btw: We have soft controls now, go try and withdraw or deposit 15K in cash without being in a cash business without filling out 100 forms and worse dont get pulled over with that amount, lest your down with contributing it to the local Police Pension Fund via CAF, cause no one carry's that kind'a cash unless your up to no good..... hehheheheh

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  26. Well thing's are looking swell.....

    http://www.zerohedge.com/news/2016-01-27/boeing-stock-tumbles-after-drop-revenue-cash-flow-huge-cut-guidance

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  27. Hmmm I dunno Snot's are they right about those "Lazy" Index Funds?

    http://www.zerohedge.com/news/2016-01-27/illusion-safety-index-funds-are-not-low-risk

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  28. Hey Everyone, still on here once in a while but have been swamped and unable to contribute. Interesting move in the market recently, funny how they timed it with the rise in interest rates, as if the 0.25% actually makes much difference, but most sheep will probably believe it did and cheer for lower rates/QE. On that topic, QE4 coming soon! I also wanted to throw a theory out and see what you all think.

    Despite how it may appear, I believe the real PTB want Trump in the White House. He's the perfect fall-guy for the final leg down before a reset. In addition to his wackiness, He's not a 'real' Republican per se, so the 2 party system can be maintained long-term despite any collapse. He's been bankrupt enough times also haha...so more believable. And when all is said and done, they can blame the American people for electing him. The timing is just perfect and it's funny how he's like the teflon don.

    So I think they'll stick save the market this year but at some point between 2017 & 2020, things will get very ugly. If this theory is true, then expect them to start aggressively knocking down Hillary and perhaps other strong candidates over the next few months...strange times!

    Sister, saw the X-Files, enjoyed it also!

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    Replies
    1. for certain they will use that theory whether they planned it or not......... out of chaos comes order and great to hear from ya sammy

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    2. Hi, Sammy. Good to see you again. I've wondered the same about Trump as all of a sudden, wham! the establishment likes him and the markets usually hold up during an election year. Also, 2017-2020 are Armstrong's targets for the U.S. What a frigging mess! I think we can all agree on that.

      Delete
  29. Hey Sammy!!!! I dunno what to think of the Kabuki Theater going on, just enjoying the show..... Make Merik'a Great Again!!!!!! hehehehe

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    Replies
    1. Specially enjoying the Trump/Fox brouhaha......

      http://www.breitbart.com/big-journalism/2016/01/27/roger-ailes-calls-ivanka-and-melania-trump-to-get-the-donald-back-to-the-debate/

      Delete
  30. They can put a cardboard cutout of Trump behind the lectern for Trump. Have former Trump answers on a computer indexed and ready to play for whatever the question is. All answers end "make 'Merkia' great".....

    ReplyDelete
    Replies
    1. and "Build a Wall" and the Mexican's will pay for it......

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  31. Reminder we are in a Primary Bear....no longer a bull play pen

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  32. Except for one thing...If you can print you can do whatever you want to do . LINES , CHARTS MEAN NOTHING..

    Kindle He Knows

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  33. easy peezy

    http://stockcharts.com/h-sc/ui?s=AZO&p=D&yr=1&mn=0&dy=0&id=p78250492722&a=440054803&listNum=1

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  34. enjoy the ponzi ya all.....hey tom.....guess where i iz.....have fun ya all

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  35. hehehehe hey buttfox....where are you....great picks with DGLD and expedia.....you are brilliant

    http://stockcharts.com/h-sc/ui?s=EXPE&p=D&yr=0&mn=4&dy=0&id=p69795220071&a=440218193&listNum=1

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    Replies
    1. Yup Brilliant....

      http://stockcharts.com/h-sc/ui?s=DGLD&p=D&yr=0&mn=4&dy=0&id=p69795220071&a=440218193&listNum=1

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  36. I know you don't read him, but thought you may be interested in this article Kli (and others): http://www.armstrongeconomics.com/archives/42597
    We are in a very strong upward cycle for disease. This will get worse as we enter the 2017 to 2020 timeframe.
    Seems this coincides with his war cycle. We aren't done with Ebola and now there is Zika.

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  37. I read armstrong but just like Dent I don't agree with all of his CONclusions about gold

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  38. Hehehehe even MA is getting in the act here over the Trump/Fox brouhaha

    http://www.armstrongeconomics.com/archives/42654

    Personally I don't think the Establishment likes Trump either, they just seem the hate Cruz more....

    Whatever you think about this nonsense they pulled the curtain back for all to see....

    ReplyDelete
    Replies
    1. Hey Tom!

      As Kli has said numerous times, the whole process is just a show. I think what we've recently seen behind the curtain is a show within a show, or maybe we should call it a dream within a dream haha! We'll never see who is above the stage in the rafters controlling it all with strings.

      Delete
    2. telling you how hi to jump

      https://www.youtube.com/watch?v=sh9wsrL43RY

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    3. As long as they don't tell us to start dressing like the 80s haha!

      Delete
    4. Hey those were sum snappy dud's back then hahahahaha

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  39. Yes Sir a show within a show hehehehe or more like a delusion within a nightmare? Who knows, doesn't matter anyway not a damn thing I can do about it other then Pop some Corn and enjoy the entertainment ;)

    Make Merik'a Great Again...... Boo-Yaa!!!!!

    How's things up in the Fascist State? Hehehehe We've been jailing sum folks but they missed ole Andy-Boy.... Damn!!!!!

    ReplyDelete
    Replies
    1. Fairfield County CT, the 2nd most overpriced place to live in the US according to Forbes, after Honolulu. At least there it's beautiful and warm! I'd love to get out of this area all together Tom but family, job, businesses, real estate...not easy to pick up and leave. You're in LI correct? That's a real mess too!

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    2. Yup LI in one of the richest/bankrupt foched up Counties in the Country hehehe Yup roots are deep and it's tough to pack up and leave.....

      Delete
  40. Trap sprung, AMZN steak tonite????

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    Replies
    1. my favorite short....BWAAAAAAAAAAAAA

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  41. Steak from which part of the Bull? Hehehehe the monkey came out with his hammer!

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  42. No steak for me Inlet. I lost a few bucks in the casino today. But I have a strong feeling my account will gap way up tomorrow morning.

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  43. This blog is always the same, gloom and doom, gloom and doom, etc.

    The stock market is way oversold and should produce a huge rally soon. I expect the Dow to hit 17500 by the end of February and 19000 by the end of march. This is a great time to buy with so many bargains out there! I plan to deposit $5000 into my brokerage account tomorrow so I can load up on more shares of AMZN. Thanks a lot for the low prices, I appreciate it!

    ReplyDelete
    Replies
    1. report to the nurse's station for your evening meds......AMZN is TOAST!!

      Delete
    2. howz dat DGLD warkin' for ya cybertrader

      Delete
  44. Santa's here Woo Hoo! Hehehehe

    Snot's you're such the kidder, a whole $5000 for Amazon, kind'a light for such a high roller like you..... Hey I understand thoug,h having all that cash tied up in DGLD hehehehe

    Putz

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    Replies
    1. he's usin' his profits from his DGLD and Expedia trades to "buy and Hold"....BWAAAAAAAAAA...this guy is becoming the star of a greek tragedy on a weekly basis now........hehehehehehehehe.....STAY IN THE SYSTEM AND PROSPER.....tooo fohkin funny

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  45. Interesting......

    http://theantimedia.org/zika-outbreak-epicenter-in-same-area-where-gm-mosquitoes-were-released-in-2015/

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  46. Jay,

    Another one just went negative but yeah, yeah I know Japan isn't America....

    http://www.reuters.com/article/us-global-markets-idUSKCN0V701J

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    Replies
    1. Now Japan is trying negative rates?

      They just printed trillions in Japan and now goimg negative??

      If I was a Japanese, I'd buy a quality safe and I'd convert about 75% of my assets to gold.

      Delete
    2. Ahhh might wanna do that now, while the goings still relatively good.....

      Delete
  47. Negative is GOOD, now if we could just get unemployment up to about 85% the stock market could really fly. When you can print, nothing else matters.

    Kindle Himself.

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  48. Markets up!! They think the Fed will stop raising rates.

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  49. Oh Jaayyyy.....

    http://www.zerohedge.com/news/2016-01-29/negative-rates-us-are-next-heres-why-one-chart

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  50. Just for Jay:

    http://www.businessinsider.com/schiff-recession-negative-rates-by-election-2016-1

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  51. You guys gotta be kidding me... America is considering negative rates??

    Anyone know a good safe salesman?

    ReplyDelete