Sunday, May 13, 2018

YOUR PLAN WORKED

In 2009 the new Treasury Secretary, Timothy Geitner announced on after a "behind closed door" meeting of the Fed and Treasury that a final decision on "the plan" for emerging from the "Great Recession" has been made. Listening on Bloomberg Sirius at the time, I thought his voice was almost giddy compared to previous administration pronouncements. When I heard his cryptic summary of their decision, I knew they were insane. At least I believed they  were going  to buy us a little time at the risk of making the eventual blowup even worse. 

I was wrong. So what did he say. "The plan" was to blow another bubble. Paraphrasing of course, but Geitner happily announced that "they" had decided to use multiple tools to "reinflate" the financial markets and economy. There were NO specifics given by Geitner in the brief statement, but it was evident by his ebullient announcement, the bankers had their desired plan. I remembered thinking as I drove down the rode .... YOU GOTTA BE KIDDIN' ME....YOU SOBS ARE JUST GONNA BLOW ANOTHER BUBBLE?? THATS YOUR FOCHIN' PLAN? Ironically it was shortly after this time that Dylan Ratigan became increasingly militant with our financial disaster and even managed to get himself fired for his famous "we're being extracted" rant on MSNBC.


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I was naive. I knew they were capable of levitating the markets, but didn't fully appreciate just how willing they were to create the largest pile of "malinvestment" in the history of mankind. They were willing to pour trillions of freshly minted FRN's into companies that had zero chance of ever making enough profit to pay off their debt or to justify one penny of their stock share price. The power of borrowing money at zero interest can build a tremendous amount of stock share price. It can let money bleeders like TESLA and UBER and NETFLIX just keep gobbling up cash to fill their cash hemorrhages. Meanwhile, companies that have an actual balance sheet to adhere to, are being put out of business by these behemoth money laundering operations.

Silver’s Long Consolidation Looks Like a Launching Pad



Its become obvious their plan had NO economic law precedent behind it but instead was (as they said) an "experiment".  So WHAT were they "reinflating"?  LOL.....they were bankers....therefore they were going to REINFLATE THE BANKS!
To do so they needed to put Trillions into the Banks through every means necessary so they invented products like QE. LOL...QE is simple. They printed fiat money to buy the bad debt products on the bank's balance sheets.....essentially making the Fed the "Bad Bank", while breathing life into the Zombie banks. During the next nine years any insolvent or bankrupt entity (like hedge funds or pensions) that started to bleed publicly would be quickly "disappeared" with a paper fix. "Financial markets" applauded each intervention by the Central Planners. But after eight years, cracks started to appear.

It became obvious to veteran market participants like Dalio, Druckenmiller, et al. that the usual "cycle" was not being "deployed" by their puppet masters. That was unsettling and soon the voices of reason began sounding an alarm. They recognized they could not game the system because the system was mathematically destroyed and the Central Planners were not willing to let Nature clean out their Malinvestments. The "system" they had gambled err invested in for years had finally been destroyed by they immorality and greed exceeding the carrying capacity of the host the parasites had fed on. Without a "rule of law" we had killed off the goose that laid the golden eggs.  


We had lied, cheated, betrayed, tortured, slaughtered, murdered innocents by the millions to maintain the illusion. Do you believe in God? Do you believe in a "higher power"?  Do you believe in justice? Do you believe in the Laws of Nature? Karma? Good vs Evil? .......LOL maybe you just believe the boyz CONtrol everything.  I hope they like this latest "bubble". I'm sure they won't pop it. tick tock





24 comments:

  1. Hehehehe, Please allow me to add to the history lesson....

    https://www.cbsnews.com/news/obama-it-may-be-time-to-buy-stocks/

    Remember it all to well,my arse still gets sore on how much I lost on SKF right after they confirmed Little Timmy Boy and staying short for a few months cafter that.... I mean after all nutthing changed, right?

    Cept the game.... I just didn't get the memo!

    They ran me off, I like my stack better, much more relaxing...

    Oh and you forgot Amazon! Although I think they're making a profit these days....

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    1. ...and that we can agree on, still got my stack and position in these POS miners, just waiting for takeoff.

      Look at ole Larry Summers who wants to outlaw evil cash because only drug dealers and terrorists use cash.

      Nice post Kli.

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    2. POS Miners!!!!!! Whatcha b-itching bout Willis? Did you ride um to hellnback like we did?? Hahaha Wanna talk Glass half Empty or more like just about empty???

      Bahwaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!!!!

      Great post hehehe more like remembering a bad dream specially if you were trying to trade it!!! Whatta cluster foch but I can't complain prior to the "Plan" hehehe you could short damn near anything and make good coin and I did, until they changed the game.....

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    3. Physical for preservation, paper for speculation, sorry for your pain, I feel it, I feel your pain (arkansas accent) hehe but I have been riding these miners no where! Where is my participation trophy!? I finally get it, don't put your faith in society, peoples willingness to do the right thing before all other options have been exhausted etc etc etc,. mind as well preserve what little you have, speculate with a little that you have and maybe profit from the insanity and collapse because it may be as good as it gets hehehe. Better take that vacation before the meteor hits.

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    4. I have no pain in the Miners noh moar, all green and good cept for GPL and if I had Kli's brass, I would have made a lot more, funny thing how crippling fear can be even though you know the right call...

      However I could tell you a little story bout participation trophies with this miner f/k/a Claude Resources hehehehehe

      Oh well lots O' should'a, could'a, would'a's on my part but that's life, ain't it! Just so long as you walking up right and breathing its all good and of course a nice steak every once in a while...

      Btw: did you see my last two posts on the other blog post, hehehe got Shrub 43 whining bout breaking up the NWO, POS and on the other the Mullahs in Iran are threatening to release all the names of the Western Leaders that got cut a vig and we're bribed off all the cash Obozo sent them in return for the Nuke Deal!

      Bahwaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!!!

      Good times, yes indeed.....

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    5. I'm a glass half full guy in this shit storm of a scam.......I'm bettin' they give me a clear shot at the target just like they have to those that have been patient in the past. Accumulation phases such as the miners are in can be sooo fochin painful.........there is a reason

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    6. Yeah Ill bet your glass is a little more then half full with what you're holding!

      Hehehe

      No gut's, no glory as the ole say'n goes.....

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    7. you know very well that until the miners breakout i can't truly brag about my position. been lucky in RIC and GORO and keeping my nose above water overall. still need some upside to reach an all time high that I had in late 2016.....stayed at the party a little too long but no complaints. its purely casino now and anyone playing still better be prepared for anything.....life is too short for me to worry what these boyz do because i can't control their play.....so i'll sit on my play and foch um....they gotta stick their heads up and i know what that will mean.

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    8. BTW that Claude puke was an epic mistake and still hurts.....GPL was a big trade .....twice but the Claude loss was bigger.......waaaaaaa

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    9. See you played that great, I was all ready to dump it all on the first run up, $2 and change if I remember right but got spooked remembering my mistake with RIC by letting go to soon and typical me ended up in the same spot... Ha!

      I sometimes laugh when folks complain about this trade, it ain't easy for sure but they didn't hold Claude all the way down to pennies, wanna talk pain or stubbornness... I honestly just wrote it off and for some reason one day I was looking at it and just got this odd impulse to buy more, so I did, alot more, don't ask me why, still can't figure it out since it goes against all trading logic, just got lucky. Tell you one I regret was not doubling or tripling down on RIC when it hit a buck or so, I looked at it, looked at it and talked myself out of it. Sat in it for so long doing nothing... Oh well should'a, could'a, Would'a....

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    10. >>Btw: did you see my last two posts on the other blog post, hehehe got Shrub 43 whining bout breaking up the NWO, POS and on the other the Mullahs in Iran are threatening to release all the names of the Western Leaders that got cut a vig and we're bribed off all the cash Obozo sent them in return for the Nuke Deal

      Ain't it amazing Tom, you are sold a bill of goods, told its about freedom and peace and blah blah blah and these guys are lining their pockets all the way but you step out of line and go a little over the speed limit on your way to work and the strong arm of the law comes out.

      They don't even try to hide it anymore and then you have to trot out these great leaders to defend the global oligarchy. Can you imagine the humiliating dirt they must have on all these saviors of humanity.

      Looks like another auto driving car blew up on our path to utopian AI centrally planed everything, gonna take some time to fix that narrative.

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    11. Yup Shrub & Company along with Dope & Change running round Spreading Democracy and Chit all the while draining the Treasury for thier Friends & Family and killing untold millions in the process. Why do you think Lurch has been running round Europe? Hehehe It ain't to save the deal, its to keep the lid on Pandora's Box... Just read a little on Uranium One & the Clinton Foundation and all the money passed back and forth...

      We've been getting hosed for decades... Oh and speaking on that subject did you see this??? Holy Foching Chit!!!

      http://www.wirepoints.com/chicago-feds-answer-for-illinois-pension-crisis-is-a-statewide-property-tax-wirepoints-original/

      Like Kli's been say'n, it's Carcass picking time!

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    12. one of the real problems for us all that still understand what's going on is to comprehend just how to protect your carcass as the intensity of bone scraping increases. its out in the open now but most people just can't comprehend how severe the extraction can become. think carefully about your options..use your own brain based on your environment and if your environment is bad then get out now

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  2. lol.....looks like the felder vid i just posted above read my post. o

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  3. one more thing......"the breakout" will begin this year.....2016 was a warm up only to position and rearrange entry price for the bottom feeders......"my hope" is the breakout is two staged this year with the price settling around 24 bucks by the end of the year. the miners will be leveraged and see moves of doubles and triples off current levels which will provide me some opportunity to move into some assets i have my eye on........my concern is we get a "rocket ship" move that leaves most people shocked and volatility in other asset classes becomes unsettled for me to move into etc.......ie i want them to transition the moves where I can move assets freely.......lets see what happens.....

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  4. https://www.youtube.com/watch?v=3ZV4S6AXMy0

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    1. https://www.youtube.com/watch?v=uxzdXsgPkJI

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  5. warning warning......bonds blowing out again.....twuble in riva city

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  6. miners flush early with nice recovery..........lol.....i like it and thanks for the lil swing trade biatches.......

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  7. http://silverseek.com/article/silver’s-long-consolidation-looks-launching-pad-17261

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  8. All you gotta do is wait for Butt Fox to tell us GOLD is going under 1k and buy, buy, buy,,, Take the $50k of tuition and BUY, Tell that child to get a paying intern position to help pay that tuition. Hehehehehe!!!!

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    1. this one is a wurker......she'll wurk which helps a lot.....and i gotta hunch the paper miner position will do jist fine this year which will be saweeet....unfortunately college is no longer any guarantee in life although this university is the elite of the elites lol.......she'll be in DC making policy in a few years for the deep state.....how ironic she'll be deep state

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    2. MIT is fur scientists not political nerds. She would not fit in at the "swamp". Did contract work a couple of times at the "swamp" and without contract people nothing would get done in the "swamp".

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  9. GORO daily.........

    http://stockcharts.com/h-sc/ui?s=GORO&p=D&yr=2&mn=0&dy=0&id=p89808680596&a=576374572&listNum=1

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