Sunday, February 3, 2019

ELEVATOR DOWN PLEASE

Oh sure, its all good now. Your cognitive dissonance is being put into a full burn. The full faith and credit of the government and the Fed (the real government) is being placed firmly behind the headline numbers of the Dow and the fellow indices. You're riveted by the success they've demonstrated. Your friends and family are amazed by how stupid and WRONG you've been since 2009. So now that you've been proven completely wrong again, the buy the fuckin' dip strategy has fallen into the lore of Biblical law. So that now we "doomers" have once again been intellectually destroyed then one must ask....what's next?


US Retail Sales Collapse In December: Biggest Drop In A Decade....lol its all good


I'll stick with the simple description that the current market sits precariously in a "crash prone" position. The underlying volume and sideline money is pathetic. The sentiment is once again too bullish. The Fed is NOT printing. They're in neutral. They need to be bringing the dollar DOWN. Its vital for World Ponzi economies to pull out of their nose down, DIVE attitudes. They have to have relief from the strong dollar pain they've sustained for the past year.  Strong dollar.......MORE World pain.  Weak dollar......rest of the World stops nose diving...at least temporarily. 

This ponzi is WAY too long in the tooth and its day of reckoning is fast approaching. Parasites on this ponzi will meet their day with Nature and its not going to be a happy day for them or for that matter most of us because the collateral damage will hit us all.


Quadriga Accidentally Moved More Bitcoin to an Inaccessible Wallet....lol....and the hits keep comin'



Think about this one. The Eurozone is going into recession. So you think that they're going to RAISE interest rates?? Do you REALLY think they can RAISE rates here? lol Okay then ask yourself this question. As they go into recession this year then HOW in THE HELL are they going to LOWER interest rates to get themselves restarted? lol HOW? They'll print. Oh wait they're going to stop printing....lol. We're going to stop printing and we're grinding our economy right now into dust???????? Sure we are. 

Can you see it yet? The ponzi is being exposed. The market indices may be going up but what about the REAL market and REAL economy? Do you see? It seems clear to me....lol.... gl with the illusion.













32 comments:

  1. Well Kli, it’s become very quiet again.

    https://confoundedinterest.net/2019/02/05/bond-king-gross-retires-dudley-amazed-and-baffled-about-feds-balance-sheet-unwind-and-worlds-largest-pension-fund-suffers-catastrophic-quarter-boogie-in-the-dark/

    ReplyDelete
    Replies
    1. yup.....sentiment remains lousy in PMs and no belief in the 5 months bull rally in gold......any dumb money is shaken off quickly......sit back and watch

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    2. in 2016 during a 500% move in my beaten down portfolio the sentiment was very poor for the first half of the move........almost all of the surprises during that move resulted in big up moves in the miners........lol ...i think gold went up about 24% during those 6 months and the miners in my portfolio moved 5 fold......will it happen again .......guess i'll just have to watch and wait and see

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    3. Crimex market is broken.....lol.....been watching silver not even moving one cent....stuck on 15.85 for hours....lol.......never in my fochin life have i seen that

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  2. MMT is a scary proposition, no budgets, unlimited big gov't spending, bail out all unfunded pension obligations,
    forgive student debt (maybe pay students to go to college?), we don't need to raise no stinking taxes or issue gov't
    bonds, we have a digital printing press from hell, no worries...

    ReplyDelete
    Replies
    1. tic toc......it all hinges on a tightrope act......CONfidence in the dollar

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    2. whoops there goes the elevator to the basement......

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  3. Dollar MUST weaken to relieve the pressure on rest of the world with dollar debt troubles......this must happen within the near term

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  4. gold "backing and filling".....lol.....good

    ReplyDelete
  5. 1.) Brexit in Britain, the
    2.) yellow vests in France
    3.) Deplorables in the U.S.

    It is all good!!!!

    ReplyDelete
    Replies
    1. A new report from the Federal Reserve Bank of New York revealed 7 million Americans are behind on their auto payments by at least 90 days

      It is all good

      Delete
    2. nahhh......its all good .....lol......

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    3. U.S. Retail Sales Unexpectedly Fall the Most in Nine Years

      it is all good!!!!

      Delete
    4. Retail Inferno!
      https://confoundedinterest.net/2019/02/14/retail-inferno-u-s-retail-sales-ex-auto-fall-the-most-since-great-recession-brainard-supports-ending-fed-balance-sheet-shrinking/

      Delete
  6. Kli and others,
    I still check in here once a week. Been following this blog for years. I'm still holding a bunch of miners and I'm liking the recent action. Keep up the good work.

    ReplyDelete
    Replies
    1. thnx and hang in there ryan......lol ...sentiment destroyed in this sector so i would say we're in for a nice move......sit tight and watch the run

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  7. This comment has been removed by the author.

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    Replies
    1. CNL & ALO getting some attention on good news, yesterday. Thinking about taking profit on EXAS to have some more dry powder for miners once we are into it. Hogs get slaughtered... lol

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    2. maybe bitCON....lol

      Quadriga Accidentally Moved More Bitcoin to an Inaccessible Wallet...bloomberg headline...lol

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    3. AAAAAAAAAANnnnnnd its gone!

      Delete
  8. Dolla' don't care about the rest of the world's dollar debt problem, lol. The CONfidence is strong with that one...

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    Replies
    1. Dollar MUST be weakened or this think goes nuke

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    2. so keep the dollar in this range and its curtains for the global ponzi....watta ya think they'll do????? hehehe

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  9. https://confoundedinterest.net/2019/02/13/consumer-debt-up-almost-50-since-feds-qe-began-mortgage-debt-down-1-66-consumer-debt-now-tops-4-trillion-student-loans-up-128-since-q4-2008/

    ReplyDelete
    Replies
    1. its all gooood my friend....tic toc.....buy bitCON! LOL

      Delete
  10. Ok Kli one more...I mostly post to let you know I’m reading and enjoying your blog. Especially now that it has become so quiet. Thanks

    https://www.themacrotourist.com/posts/2019/02/14/gold/bicarbonate

    ReplyDelete
    Replies
    1. its quiet out there ....because no one is in the trade......love it

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  11. Bull flag forming in gdx? Or is it a cup and handle that started back in July?

    ReplyDelete
    Replies
    1. lol......both......flag on the daily looks good sitting on support

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    2. lol.....here's a MSM that might help......its so bad even he can't get retail interested....

      https://www.youtube.com/watch?v=TGA28bQ8zCQ

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  12. lol....miner portfolio moving up nicely and quietly this week while most "technical experts" still calling for a pullback.....so the sideline stays crowded.....too funny.....and this blog remains very quiet......good! sentiment still dead

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  13. https://www.zerohedge.com/news/2019-02-15/fed-tightening-over-markets-now-expect-cuts-2019

    ReplyDelete