Sunday, February 16, 2020

DON'T WORRY ITS FIXED

Bullfknshit. It ain't fixed and this cat is out of the bag. If you think this ends without, some real blood-letting, then I've got a vaccine for you. I don't have a crystal ball for this one but I can at least look out of my window and see what's already coming. 

This storm has weeks before it ends. It may not even end by the summer. It may go for another year before it burns out. Just look at the cruise ships. Its not your mommy's flu. It may not be the plague. It might be worse. Just look at those cruise ships. Its cut through the one ship like a hot knife through butter. That tells you something. 

China has responded to this virus like its the apocalypse coming. Their response tells you everything. They knew what they were dealing with early on. They knew this would be devastating. I have no idea whether this release was purposeful or an accident but its not going to be easy for us to put it down. 

Greyerz: DANGER – World At The End Of A Grand SuperCycle


Just look out the window. Its already all over the world and it will spread rapidly. I have no idea how many people will die with this virus. Its current rate of infection is enough to begin a world wide recession. If the mortality rate is even 2% it will be very rough for us. If its higher then it could be crushing. So what I do know is this is going to be very rough on a lot of economies. The cost to humanity however remains to be determined. I believe or at least I hope I am right, that the mortality rate is under 4%. 

So go ahead and swallow the bullshit but this has much further to run for at least weeks and months to come. Ignore what you can see out your window if your eyes are open and just keep whistling dixie. It may not be a black swan coming, it might be worse....a pale horse.

Sunday, February 9, 2020

NATURE...AIN'T IT A BITCH

And once again Nature (or at least that's what we're supposed to believe) comes calling. Its on the horizon coming at the West like a Cat 5 hurricane, and no one cares. The markets try to rollover and the Central banks press the buy key. Gold tries to rally and the banks press the sell key, and everyone just watches football. 

Is this really the way it all ends? Is it really that simple? We managed to muddle through the collapse of the World as we knew it in 2008 with a series of Centrally planned schemes (as they called it...not me) and put lipstick on the Pig of pigs economy. We pumped money and debt into companies like Amazon (while killing off retail stores and malls) and creating 200,000 jobs at Amazon and destroying a million and a half in retail. We pumped debt after debt into Uber and wiped out tens of thousands of small business cab companies. 

China Has Ground To A Halt: "On The Ground" Indicators Confirm Worst-Case Scenario....lol....shocking.....coming soon kids here






We were so desperate to create jobs with debt that we destroyed the surviving underlying economy. Now we have millions of jobs that cannot sustain themselves without additional printed money. Instead of allowing the strong hands to take over a damaged economy in 2008, we just bailed out the weak hands that got us in trouble. 

Now we have a storm coming. We're told its nothing to worry about. Maybe it will pass over. What if it doesn't? No one cares. They all know the current money printing will keep us chugging along. They know they don't need any savings. They know they will have the Fed ready to print. They know their pensions are guaranteed, so why save? They know that food is plentiful and relatively cheap. They know they can borrow to buy a car and the fuel to drive it is cheap and plentiful. They know we can have open borders with all of our plenty and allow millions to come with free healthcare and guaranteed welfare. They know we have a system that will permit anyone to vote because we're "free".

How can anyone even remotely expect such a fantastic place to have any problem from a "virus". After all China has told you its being "centrally" CONtrolled and after temporarily closing down all manufacturing in the country, and locking up the population, it will return to vigor with hardly a scratch. Maybe it will. After all. why would they lie? 

Larry Kudlow mentioned the virus the other day and laughed about its minimal impact to the economy. Maybe he's right. Why would he lie?

I guess you just need to trust these people, after all look at where the stock market is. Look at where the middle class is. Look at where the wages for most of the country is over the past 25 years. Look at our debt. Look at our interest rates. Look at the repo market (not QE) latest money printing scheme. Buttfox/CS trusts them and I guess I do too. Trust....just keep your brain turned off and your eyes and ears closed and keep walking. Definitely don't prepare. That would require effort.


Saturday, February 1, 2020

BILL FLECKENSTEIN AMERICAN INVESTOR

FLATTENED! KAPUT! DONE FOR! STICK A FORK IN HIM! There you have it. Succinctly put, he was beaten by a mentally deficient, mindless, drone investor like Buttfox. LOL....not so fast.

I listened to an interview with Bill Fleckenstein today and marveled at just how far we've all come after the crash of 08. I noticed how depressed his affect was regarding this stock market and how absurd the "free market" has now become the "fed market". Without the Trillions of fedbucks and "sharebuybacks" and "passive investment vehicles" and "faux data points" and "negative interest rates" etc etc.....we would have a "real market"....lol. I was a subscriber to his newsletter and recalled over the last few years how far he has come with admitting the Fed has stripped the market of any semblance of "free markets". He would never admit this was all a "conspiracy" although he now basically does by lamenting how CONtrolled the markets are. He still fails to admit, at least in this interview, the Fed is literally BUYING stocks through their trading arm lol.

So do I disagree with Fleckenstein's assessment that this market will ultimately crash? Not at all. He and I do agree it will crash and it will be horrific. Where I go and he does not, is discussing the damage ALREADY DONE to our underlying economy by the debasement of its foundation and the dollar with it monetization. Bill understands this but failed in the time segment to go there, but I will. We have been hit with an unrecoverable rape of our country and much of the world by these insane psychopaths that have rigged our country and taken over the political institutions through this ability to simply "print money". Its diabolical and through the mentally impaired drones that ignore its ramifications, they've been able to accomplish it. 

So ignore the climbing gold price. Ignore the negative interest rates. Ignore the destroyed worker's wages. You do so at your own peril and these chickens will come home to roost and when they do they will shit down your throat and shit down your children's childrens throats. The karma coming will make 2008 look like a cake walk. The blood on our hands is not going to be denied. So enjoy the horseshit walk through dreamland, it will eventually face reality.






Saturday, January 25, 2020

NEXT LEG UP

Feels kind of like the next leg down doesn't it? Did you know you're in a major new gold bull market? The move began in 2016 with the moonshot baby bull in miners and the move off of the 2015 gold bottom. It was fast and caught many off guard with its ferocity and speed. By the time the average sucker got in, they were chopped up by the boyz like so much cabbage. It was brutal and soured most of the newbies so badly, they swore they'd never by another gold miner share.

China Virus Cases Almost Double Overnight, Deaths Top 100 As North Korea Closes Border









Chinese Nurse Says 90,000 Already Infected In Emotional Plea For Help....its all good buttfox lol










This is how a major bull in a relatively small sector begins. THEY don't want you in. THEY kick you in the nuts and then stomp on your head until you get the message. After a couple of years of slapping you around and making sure you're defeated, they start the next leg up. Instead of a massive, spectacular move like 2016, there is a more controlled, cautious move in the leveraged mining sector. Gold is actually moving very well, as it breaks out of the 2016 high with power, but most newbies are not convinced and ride the sidelines waiting for their mommies to make them go into the water. After all, this can't be a real bull beginning because we all know these miners move 200 and 300% like they did in 2016. Yet they have not.

No one really believes the miners are in a bull market. Investors are afraid. Their sentiment is still poor after just a few months of sideways actions. Instead of buying here, most investors are frozen on the sidelines waiting for a bell to go off so they can jump in. 
Next leg up kids. Here's your bell .....ding ding lol. Hey speculators....if you're afraid then take a look at the pathetic price in silver. That's a crime and you can't pull THAT trigger lol? Platinum and palladium are saying goodbye sweethearts and leaving the station. Maybe that's your bell lol. 

The Fed is telling you they've got control and just to prove how well they have control, they started QE4 and started lowering rates....lol... I can't blame you, they made you go home and tell your mommy you were a bad boy and bought miners and gold and the boyz stole your lunch money. BOOO buttfox!

Thursday, January 16, 2020

DO NOT INVEST IN GOLD

At least that is what the Buttfox's of the world would like to vacuously sing to you. After all how can you blame them? Since 2000 gold is only up 600%. How can you blame the Buttfox's? After all most of them jumped on the gold bandwagon just at its last top in 2012 and were slaughtered. Most of these sycophants were looking for the "safety" and more importantly to them a "score". They panicked and they were spanked by the boyz.

The boyz know the Buttfox's. They know they panic. They know when to press the button on them. They know where and when they'll puke up their holdings. They know the rear view mirror is their primary metric and they play them like a fiddle. Its easy.

The gold bear market ended in late 2015. We've been in a bull market in gold for four years but it still doesn't feel like it for many investors, especially the poor schmucks that jumped on the bandwagon in 2012 and were chopped into roadkill. They cried and missed out on an epic move in the gold miners in 2016 with a 500% rise in many of the beaten down portfolios that were fully invested in junior miners in 2015. Do you know what was predictable? They jumped BACK on the miners in 2016 AFTER they had run up and were raped again by the boyz.....lol. 

So once again, the gold trade is an absolute disaster in their limited intellect. Cognitively they just cannot assimilate how something can be so alluring and then give them the worst butt raping they can imagine and then give them a parting STD for good measure. LOL....its a rough world out there little boys. When the boyz tell you to stay out of their club, you had better listen Buttfox. 

So the Buttfox crowd with buttpaste galore on their hinie go into 2019 with their butts still smarting from their spanking from 2016. They're mad. They have sworn off gold even though its roughly 1280 and still up from its 2012 low. The miner portfolios were still up 100% from their 2015 lows....IF YOU HAD HELD....lol. In just one year we are up over $300 in gold and it still seems like we are in a BEAR MARKET in gold lol........you just can't make this up. Its pure cognitive dissonance and these poor tools will be beaten like like a drum. This game is NOT for them. They failed simple algebra. Not only math, but they failed to study markets and economies. So you make your play and you understand WHY. You don't let the boyz pull your pants down and screw you without a fight. Enjoy the game