Saturday, July 29, 2017

THE PERFECT STORM

Before any great storm is the "calm".  You're standing on your porch and an eery quiet will envelop your horizon. The gentle, swaying, movement of the trees diminishes along with the din of the birds and the insects anticipating  the approaching danger. Nature provides a "warning" system to give the animal life time to take refuge. The animals have their own radar. Instead of wailing sirens, they use other changes around them such as barometric pressure and smell as an alert. Animals sense this. The "quiet" is not really a "quiet" or a "peace".....instead it is the "warning".


Trump Tweets Dow 22,000 Today: Embraces Big, Fat, Ugly Bubble


Its okay if you don't feel the coming storm. Its okay if you don't listen to the sirens like Dalio, Druckenmiller, Gross, and other prescient voices. After all, how can it really be that bad? You've had many of these voices for years now predicting a collapse. I remember like yesterday posting the Kress Cycle and its warning signs for collapse in 2015. What happened? The "market" indexes just went higher. I love how they tried to "engineer" a 10-20% correction in 2015 and couldn't even allow that painted "normalcy". Their "catch 22" is the "illusion" of a normal functioning market is no longer even possible. The algo designed movement cannot function if the downside begins to move derivative currents into a tsunami.


Peter Schiff On Trump 'Owning The Stock Market Bubble': "The Fed Now Has Their Fall Guy" ....you bet they do!


Its become so "calm" that crypto currencies are now showing up as a large warning cloud on the horizon. Can you imagine just how insane this is? First of all do you think for one minute if crypto currencies were a real threat to the "dollar" that the PTB would allow them to exist. They can flatten these digital air bullshit ponzi puffs in a nanosecond. They're using them to deflect "dollars" from physical gold and silver. What's more amazing to me is that stackers like Weir, V, Hoffman and others are touting this fraud. Even the sharper minds are susceptible to the boyz. Does it make any difference in the long run? Nope....but it does put some brakes on the physical consumption of metals. 


In a less liquid world, the crash in oil prices would have resulted in a bankruptcy bloodbath. In a less liquid world, the bursting of the housing bubble would have led to millions of foreclosed homes clearing at fire sale prices. In a less liquid world, highly leveraged firms would have been rendered insolvent and incapable of covering their interest costs.

In short, a less liquid world would be smaller, for a time. But when the time came to allow nature to take its course, central bankers could not bear the pain, nor muster the discipline, to allow creative destruction to cull the weakest from the herd. Their policies have forced us to pay a dear price to maintain a population of inefficient operators.

I have zero problem using the crypto currencies as a "speculative" tool or as a means of transferring your dollars or wealth. Especially cross border transfers. BUT this is to be done with GREAT CAUTION. Imagine selling your house and taking the 300K and buying Bitcoin a few weeks ago and then travel overseas to convert it to cash to buy gold and discover bitcoin crashed from 2900 down to 2000. Then panicking and converting immediately to close your gold buy fearing further fall. You just  lost a shit pile. This is not even my biggest complaint. My biggest complaint is the talk that its a buy and hold store of wealth. You've got to be kidding me. This is the ultimate NOTHING BURGER! Could Bitcoin be worth 10K next year? Sure.....but it could be worth ZERO too. You might not be allowed through fiat law to even access it without penalty of a ten year prison sentence.

Dow Gains 600 Points In 9 Days; S&P, Bonds, Gold & Dollar Unchanged



War Is Right Around The Corner: Russia Mobilizes Three Motorized Rifle Division “Strike Forces” In Preparation For Rapid Offensive Assault On Ukraine


We're hearing crickets in the summer. The deflated stackers are now selling their silver back to the dealers. The retail PM miner trade is finished. The fear of a global storm is no longer an issue. Trump is elected and the wicked witch is dead. Look out your window. Do you see the storm coming? I don't. I don't hear anything. Its all good.












109 comments:

  1. Worth 10k or $0, well that can be said of just about anything other then Gold & Silver.... Check the history on that statement, however a
    I have a file of Stocks that weren't supposed to go down to $0 Hehehe I labeled it Stupid is a Stupid does!

    ReplyDelete
    Replies
    1. I believe when the next "shit hits the fan" storm comes the blowback of loss of CONfidence will drive the hard assets into the stratosphere

      Delete
  2. They must be reading the blog,

    http://www.zerohedge.com/news/2017-07-29/feds-are-terrified-cryptocurrencies-theyre-powerless-stop-them

    Who's right & who's wrong???? Heheeee

    ReplyDelete
    Replies
    1. LOL.....they are luring in the suckers with the BS.......They will slaughter any crypto they choose at their chosen time

      Delete
    2. Ya Think! Bahwaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!

      Delete
    3. What blows my mind is just how fochin stupid guys like Bix and Ranting andy and V are falling for the crypto BS........

      Delete
    4. Maybe they'll bring in a Tulip backed Crypto...........BWAAAAAAAAAAAAAAAAAAAAAAAA

      Delete
  3. this falls under FWIW.....my Banker connection has gone from bullish in 2012 to outright distraught......talked to him lil over a year ago and he was unhappy with market and negative overall with the game......LOL and now he is outright disgusted with the situation. absolutely hates being in equities but has to.......hilarious how the Catch 22 has trapped the Dalios and Singers etc in this no bid mess of a ponzi...........they all openly are frustrated and know how this ends.

    ReplyDelete
    Replies
    1. Turn on CNBC for 15 minutes and you'll see one bullish guest after the next. They all see the market going up.

      If banks are scared, then why is volume holding up? Why is the VIX so low?

      Also, if banks are scared, shouldn't we see a run on gold until the end of the year?

      Delete
    2. Jay my man...........I am talking about REAL managers of money.....not "long only" but my contact is a "vampire squid" satellite hedgee.......He knows the inside and out of what is going on and like Dalio Druckenmiller Singer Gross and others he knows is INSANE!......."they" are not telling him the end game or WHEN it ends ....but just like Imred on this blog HE knows it is not going to end well and he knows its going to be a slaughter. He's not even in this country now and wont be for quite awhile....you make your own conclusion.

      Delete
    3. Will it be a black swan event such as Black Monday? How will we know when the crash happens?

      In '08, the writing was on the wall. They were giving $300,000 loans to people making minimum wage part time. What will be the excuse this time?

      Also, what's to stop them from QEing us again? The last 3 trillion was printed without a burp.

      Delete
    4. Jay, I saw a group who literally looked like they just got off the boat driving a new Lexus. I remember seeing such things in '08 and saying where did I go wrong to myself.

      Delete
    5. they will determine how, when, where, and why..........

      Delete
  4. Damn, Kelly got rid of the Mooch!

    ReplyDelete
    Replies
    1. LOL.....can't have another loose lip in the WH......hehehhehehe......Kelly is indeed bad news for us

      Delete
    2. Bummer, ain't it......

      Delete
    3. His mistake was going after Bannon but he did get Spicer & Rinse Cycle out.... btw: notice how quiet it got after those two left... Heheeee

      Delete
    4. AND how the Russia story came to a halt. Maybe has to do with Wasserman-Schultz and her man Awan.

      Delete
  5. SSRI replay

    https://stockcharts.com/h-sc/ui?s=SSRI&p=W&yr=3&mn=6&dy=0&id=p01003647737&a=532264151&listNum=1

    ReplyDelete
    Replies
    1. I agree with you. If it breaks 11.50, look out above.

      Delete
    2. Oh Snap! Where's the Snot'ster??? I wanna talk about those "<$1 miner stocks again!!!!!

      Bahwaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!!!!!!

      Delete
  6. gold should run to 1290 this roll........who knows ..it might even break over 1300 .........

    ReplyDelete
  7. 3 weeks ago, gold was at $1210....you should of told me to go all in on GLD call options.

    ReplyDelete
    Replies
    1. I am not interested in playing options in a rigged casino........i told you a month ago we when you wanted to go in that we should get a pullback......we got a hard take down a few days later.....so there you are ......I told you I am 95% long in miners and will NOT play their games......when the next leg up takes off it will leave most retail behind. So you have to ask yourself the question.....WHAT is the maximum pain trade right here and NOW? It just might be a nice big leg up over the next few weeks catching all the retail standing on the sidelines just like they did in december of 2015 when EVERYONE predicted ONE LAST Leg down........LOL..it never came. sentiment like now was awful and no retail made money on that historic run in 2016

      Delete
    2. Jaaaaaaaaaaaaaaaaaayyyyyyyyy,

      Reading and Comprehension are fundamental! Hehehe


      He did :)

      Delete
    3. by holding tight........at least 90% of my core

      Delete
    4. I repeat ....RETAIL will NOT be allowed in on the next bull run. (however they do it)

      Delete
  8. GORO

    http://stockcharts.com/h-sc/ui?s=GORO&p=D&yr=0&mn=9&dy=0&id=p89988361245&a=537338488&listNum=1

    ReplyDelete
  9. oh why not....one more time......thanks CS/Buttfox

    AnonymousDecember 24, 2015 at 1:15 AM
    Jay, I've had a good deal of success watching trends and playing them accordingly. I also never go for "jackpots", but small trades that add up over the year. It's amazing when you make anywhere from $500-2000 in a trade, seems like small potatoes, but if you have 20-30 of them in a given year, you're talking about some serious $$. For instance, 3 weeks ago, I bought some Smith & Wesson before earnings, pure speculation based on all the gun control talk and the company announced solid numbers and I made a cool $1700 profit for 2 days work, not bad.

    You are very smart by staying off gold and miners, the trend is down. And no, that's not what "they" want you think Jay, miners are garbage, have been for 4+ years, and there will be no "rotation" into miners. Kli is dead wrong on this. I'm not happy per se when he's wrong, I'm just astounded how keeps double and tripling down all the way to zero. It's a combination of sheer lunacy and being stubborn and not admitting getting on the wrong side of the trade. The amount of opportunity cost lost on miners and gold over the past 5 years compared to the performance of the stock market is immeasurable and cannot be recovered ever again. Only a total fool like Kli fails to see that.

    That's right Jay, along with other commodities, gold will be hit hard in 2016 and beyond and most of Kli's miners will go bankrupt as the price of gold falls below production costs, very simple. In the short term, next 2-3 weeks, I see gold heading to the 1020-1030 area, and if you want to make some quick $$, take a look at DGLD, the 3x inverse ETF. I bought some yesterday and today, will add more if there's any suckers rally in gold.

    One of the best plays of 2016 will be shorting gold and DGLD is my preference, but there are other options, please do your own DD. And remember, these are not buy and hold plays, quick trades of 1-2 weeks, sometimes less.

    ReplyDelete
    Replies
    1. Hahahaha, This one never gets old!

      Delete
    2. Do you know that was his first effort trying to string more than a couple of sentences together with a prediction.........just read the brilliance in it.....it is truly epic....definitely for posterity

      Delete
  10. DGLD was $91 at the time of that post. Now it's at $47.46

    This casino can be brutal. I remember when Buddfox posted that message. Gold and miners looked bleak at the time. Ironically, right after that post, gold/miners had an epic rally.

    ReplyDelete
  11. KLI: what's your opinion of internet stocks at the moment? I'm long BABA and Expedia currently.



    ReplyDelete
  12. https://twitter.com/KatrinaPierson/status/892165527833063424

    ReplyDelete
    Replies
    1. watta tangled web we weave....when we practice to deceive

      Delete
    2. Bring back the Mooch! Heheeee

      Delete
  13. GPL

    http://stockcharts.com/h-sc/ui?s=GPL&p=D&yr=0&mn=8&dy=0&id=p64416145631&a=537444827&listNum=1

    ReplyDelete
    Replies
    1. for those interested in GPL......it tends to move independently of many of the miners i hold.....it can have significant moves ahead of many of the miners once it starts to roll. 2.25 is its magic number to cross over........should do it on its next run up......

      Delete
    2. I'm interested is seeing GPL round $3'ish...

      Delete
  14. DXY struggling to hold 92.86- oops, lost it...

    That's right, Jay... BWAAAAAHAAAAAAAAAAA!! RWM looks like a better buy on the weekly

    ReplyDelete
  15. https://www.youtube.com/watch?v=lQ2YqVOm5kY

    ReplyDelete
    Replies
    1. These Russian sanctions are an attack on Russian miners. No wonder why American miners are doing so well.

      Makes sense now.

      Delete
    2. It is Goldbutt Foxx selling his huge holdings. Hehehehe

      Delete
  16. Bloomberg showing the Republipukes meeting already on extending the debt ceiling....lol....they'll trot this circus out on us for the next two months

    ReplyDelete
  17. Gotta prop that USD!! A lot of whipsawing going on today, painting those charts...

    ReplyDelete
  18. KLI: I remember when Obama was in office.... the Republicans treated the debt ceiling like it was a life or death matter. Now they want to raise it with their own party running DC?

    Disgusting!!

    ReplyDelete
    Replies
    1. Right! Hehehe

      Jay there's no foching difference between the two, it's just Kabuki Theater for the proles....

      We're gonna Repeal Obongo Care root and branch, just give us the White House!!! Well we did, we gave them the Trump'ster and look at them now!

      Bahwaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!!!!

      Bring back the Mooch!

      Delete
  19. Its all an illusion .........comedy at its worst

    ReplyDelete
  20. Weeeeeeeeeeeeeeeeeeeeeeeeeeeeee!

    22k


    Hehehe, look out below....

    ReplyDelete
    Replies
    1. Nahhh......these slime balls will hit 23K (magic number for them) or maybe 22,111 (adds to 7) ....remember the SnP bottom 666 (no coincidence)

      Delete
    2. It's coming, was listening to the news today and the Man on the Street was celebrating, plus read a tweet by Schwab stating they've opened a record amount on on line Account's.... History repeats itself often!

      Delete
    3. yup....hard to believe the memory of the peeps........foch um....they deserve to be sheered

      Delete
    4. Just saw the clip you tossed up from Margin Call, appropriate...

      Delete
  21. I remember the 666 SnP bottom. The king of the cabal must be a Maiden fan. :)

    KLI: Please look at this chart and give opinion. Is this just taking out the stop orders and weak leaves?


    http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/08/01/20170803_react3.jpg

    ReplyDelete
    Replies
    1. thats what the game is Jay.......flush out the stops before moving to their next level.......1320 before serious beatdown IMO

      Delete
    2. Having said 1320........be aware that is only my guess.....I'll stay very long to to 1300

      Delete
  22. EXK- Ouch! Gets HAMMERED for missing profit forecast. Resource price trajectory didn't help. Stink bid in...

    ReplyDelete
    Replies
    1. LOL........YOWZAAAA....that hurts

      Delete
    2. That will leave a mark! Heheeee

      Delete
    3. Yes it did........but I had raised a lil cash so ................I'm playin'

      Delete
    4. Looks like the proceeds are flowing into KGC +5%

      Delete
    5. I'll take the EXK trade today.......looks to me like a clean out of the stops

      Delete
  23. http://www.zerohedge.com/news/2017-08-03/president-trump-says-he-will-make-very-big-announcement-tonight

    Back on the gold standard? lol

    ReplyDelete
    Replies
    1. LOL......sumthin' for our own good I'm sure.......

      Delete
  24. Mueller just impanelled a Grand Jury in Russia probe.......oooboy......now it gets ugly

    ReplyDelete
    Replies
    1. Yup couple that with McMaster purging the NSA of Trump supporters and Kelly buttoning up the shop, my gut says not good....

      Delete
    2. I've reached the point where I pay less attention to the news flow......its meaningless.... I think they're just gonna throw a switch on it at some point

      Delete
    3. Someone might have to play the Awan/Seth Rich/Podesta Card

      Delete
    4. Trump is completely owned and too stupid to take on the real power......if he did it would be a battle to the death

      Delete
    5. Not sure I agree with that assessment but he damn sure underestimated it.... I'm not counting him out yet.

      Delete
    6. I hope you are right but for me the hope is fading fast

      Delete
    7. Could be rope-a-dope...

      https://i.redd.it/doiunwwn3kdz.jpg

      https://twitter.com/youngdems4trump/status/891055220788211712

      https://twitter.com/Kredo0/status/893138012795809792

      http://www.thegatewaypundit.com/2017/07/boom-report-mcmaster-caught-privately-communicating-wh-internal-politics-deep-state-mccabe/

      Delete
  25. news.....Japan wages fall for first time in 13 months.......oooboy....not good...Abe and Kuroda are foched

    ReplyDelete
  26. Smartest guys in the room, ain't they....

    https://mishtalk.com/2017/08/03/central-banks-puzzled-as-global-inflation-hits-lowest-level-since-2009-solving-the-puzzle/amp/

    ReplyDelete
    Replies
    1. I believe their real goal is exactly where we are. SLOW growth LOW inflation. They don't want a hot GDP. They have us right where they want us.

      Delete
    2. Their real fear is inflation and the whole enchilada blows up if we get nominal headline inflation. They can just grind the middle class into dust over years at the current pace.

      Delete
    3. it never gets old

      https://www.youtube.com/watch?v=-YktccGAVCs

      Delete
  27. Loving the action today in the miners !! Kli are you ever right ? I'm sure you and your delusional pals still love you !!

    ReplyDelete
    Replies
    1. LOL......the GREEEAAAAT CS does finally show up.......thank you CS.....shocking beatdown......raised sum cash last week....went back in over the past 3 days and now 100% long position.......I am SHOCKED they got beatdown....hehehehehehehehehee.......

      Delete
    2. Speaking of all time great call.....You made this one in December 2015....hehehehehe.....your syntax was magnificent.......hehehehe......not to mention you missed one of the greatest percentage moves ever in miners........hehehehee

      AnonymousDecember 24, 2015 at 1:15 AM
      Jay, I've had a good deal of success watching trends and playing them accordingly. I also never go for "jackpots", but small trades that add up over the year. It's amazing when you make anywhere from $500-2000 in a trade, seems like small potatoes, but if you have 20-30 of them in a given year, you're talking about some serious $$. For instance, 3 weeks ago, I bought some Smith & Wesson before earnings, pure speculation based on all the gun control talk and the company announced solid numbers and I made a cool $1700 profit for 2 days work, not bad.

      You are very smart by staying off gold and miners, the trend is down. And no, that's not what "they" want you think Jay, miners are garbage, have been for 4+ years, and there will be no "rotation" into miners. Kli is dead wrong on this. I'm not happy per se when he's wrong, I'm just astounded how keeps double and tripling down all the way to zero. It's a combination of sheer lunacy and being stubborn and not admitting getting on the wrong side of the trade. The amount of opportunity cost lost on miners and gold over the past 5 years compared to the performance of the stock market is immeasurable and cannot be recovered ever again. Only a total fool like Kli fails to see that.

      That's right Jay, along with other commodities, gold will be hit hard in 2016 and beyond and most of Kli's miners will go bankrupt as the price of gold falls below production costs, very simple. In the short term, next 2-3 weeks, I see gold heading to the 1020-1030 area, and if you want to make some quick $$, take a look at DGLD, the 3x inverse ETF. I bought some yesterday and today, will add more if there's any suckers rally in gold.

      One of the best plays of 2016 will be shorting gold and DGLD is my preference, but there are other options, please do your own DD. And remember, these are not buy and hold plays, quick trades of 1-2 weeks, sometimes less.

      Delete
    3. You were indeed very impressive CS

      Delete
  28. Jay........CS/Buttfox thinks you need to hide from those dirty miners after this beatdown.....run Jay run....

    ReplyDelete
  29. I am not buttfox you momo.

    ReplyDelete
    Replies
    1. there's one and only one troll that can make a legendary call that catastrophic.......YOU!!

      Delete
    2. no wonder you changed IDs three times.......hehehehehheheeehehe........

      Delete
  30. This comment has been removed by the author.

    ReplyDelete
  31. Where's my $11 silver Stifler? Keep it rolling down, I'm about to buy some Ethereum if I don't get it. How about some 1030 gold? I shorted like you told me and lost a ton of $$. That DGLD didn't work either- I kept trading in & out quickly like you said and kept losing, losing, losing. Is that the purpose of your strategy to thin out your unlimited trading funds? If I wasn't so afraid of you as a top-notch lawyer, I'd sue you for fraud!! Does your mumma know you're back online?

    My miners are way up from your call or I'd be broke. Thanks KLI! Stuff a hot pocket, Stifler! BWAAAAAAHAAAAAAAAAAAAAA!!!!!!!

    ReplyDelete
    Replies
    1. shaking the bitter clingers hard in my biggest holdings today......hehehehhehehe....shake um all ya want mthfkers....I just rotated more into them from other miner positions.....heheheheheheh

      Delete
    2. There are always some more bitter and "clingier" than average, lol

      Bot a lil more EXK & GORO. GPL back to flat. AG looks like a buy, too.

      Delete
    3. Only two prices that matter on your paper shares......the price when you buy them and the price when you sell them.....everything in between is just a journey

      Delete
  32. HEADLINES: SHKRELI FOUND GUILTY OF SECURITIES FRAUD.... wow watta big fish landed by our justice system....finally all of you can go to bed tonite and rest easy knowing that our gov is once again looking out for us lil peeps..........BWAAAAAAAAAAAAAAAAAAAAAAAA

    ReplyDelete
  33. http://www.breitbart.com/big-government/2017/08/04/sessions-orders-doj-recount-slush-fund-payments-leftists/amp/

    ReplyDelete
  34. I have never posted under any other ID. CS is my ID. You know damn well I don't have another ID you are just making it up for your entertainment purposes only. I don't need to hide under a different ID. You depend on people like me to post on here so you can make fun and redicule. That makes a pathetic human being. Nobody gives a shit about your blog. Your predictions are always wrong and your followers know it. Anyone who has listened to you has lost money for years.

    ReplyDelete
    Replies
    1. very strange post my friend......."Nobody gives a shit about your blog."........LOL but YOU post regularly........very strange.....maybe you should see somebody about that problem.

      Delete
    2. Like a Moth to a flame... Hehehe

      Delete
    3. no chit.....the only moth i know that cant resist trolling the blog is ......BUTFOX...hehehehehehee

      Delete
    4. Don't forget about our favorite He/She, Kindle who thinks he's Judi!!! ;)

      Delete
  35. every miner I own in large share amounts is being hammered..........LOL.......I wonder if this is by accident since GDX is barely down not even 2%..............hmmmmmm......well foch you dark pool dickwads....I ain't leveraged and hope you mthfkckers piss yourselfs.....cause I'm adding more cash to a taxable account......heheheheheheheheheheeh.........so shake that tree weenies......shake shake shake

    ReplyDelete
  36. https://twitter.com/RogerJStoneJr/status/893825040189452288

    The "card" has been pulled out of the hand...

    ReplyDelete
    Replies
    1. You know at first all this noise bout Trump ect. got me bothered & concerned but something is not making sense with all this business, nothing is adding up and it is starting to appear that he's punking the press and the Establishment. Was reading last night that those leaked transcripts had markers in them and we're fake, then Sessions comes out and did his thing, plus the McMaster thing with Rice is being reported inaccurately, he only gave her access to intel that she created, not new Intel that is conveniently stored in Obongo's Library. I dunno I think there's a major Psyop going on here, agwin nothing adds up, also why would Muller be so blatent with this partision business as reported, it's sort of like what Trump did with Sessions and the public flogging, everyone came to Sessions defense and now he jumped on the Press and they can't do anything about it, I think the same thing is happening with this Muller business. If there was anything related to this Russian garbage, it would have come out but it all Bullchit, notice how the foiled docs from the infamous Tarmac meeting hit right after Sessions pressor and why all of a sudden did Up-Chuck cave on Appointees? Sumings going on and it ain't as it appears......

      Delete
    2. maybe....you can always "hope".....I watch Trump and I feel puppet strings.....

      Delete