Archive - Sep 2010 - Blog entry

Never was so much said by so few words. Party away like there’s no tomorrow, but keep an eye on the door as usual, and keep snugging up those stops on US equities. Financial stocks are not invited, nor is the US dollar.

The Caisse de dépôt et placement du Québec, Canada’s biggest pension fund manager, is going overweight commodities and energy...

This is Rep. Alan Grayson explaining the crisis of foreclosure fraud and how it links to the entire securitization chain of Wall Street.

"Their is one set of rules for the banks and another set of laws for everyone else" More @ 4closureFraud.org

In plain terms, WWIII is already being staged in the currency markets. Predicting exactly how this will all play out is impossible, but the clear result is that market volatility will be increasing and we are absolutely guaranteed heading for a Crash.

Consider that the currency markets trade over $4 trillion in market volume per day. To put that number in perspective, the entire world stock market is about $36 trillion in market capitalization.

Rather than trying to achieve some illusory political game by moving forward with another pretend scheme for the disposal of the stake in AIG, a scheme dreamed up in a hasty and ill-considered fashion, Secretary Geithner and the White House should start with a small but very important step, namely to reorganize the public stakes in AIG and other firms now held by the Fed.

Retail Traders as a herd are wrong…most of the time (sorry guys its true).

This daily report is designed to help traders find opportunities to trade against this group. The premise is very simple we are looking for 66% of retail traders to be trading either long or short a currency pair, we then look for opportunities to fade (trade against) this group.

These are heady inflows into such a small space. All of the gold mined in human history would only fill 2.5 Olympic sized swimming pools and be worth $6.3 trillion. Annual gold production would only rank it 17th as a Fortune 500 company. It is also only 16% of global public debt markets worth $39 trillion. Gold would have to rise to $7,800 an ounce just to bring the two to parity.

"The OTPP story is over. It will take a few years for this to become obvious."

This graphic EXHAUSTIVELY documents all of the modern differences between the two parties ...

Poor Larry the Looter ...

Everything is proceeding exactly as I have foreseen - Emperor Palpatine

Has Obama ordered Fed governor Ben Bernanke to flood the system with $2 trillion of liquidity? A cynical ploy to give the economy a much needed shot in the arm that will enable the Democrats to retain control of both houses of Congress. Two more years of Obamanomics to follow. Never let the truth get in the way of a good story.

We have no chance. The regulators are stacked up against us.

There goes the markets for a day, or two, or seven hundred and twenty, or however long it will take for rational and sane investors to trust these markets, ever again.

Now that the Case Shiller index has been the housing sound bite du jour, many would benefit in knowing that the index was designed to filter out the vast majority of the factors that are dragging down home prices today. That means that despite the fact that this most recent CS reading shows prices on the decline again, it in no way captures the whole picture. Even more pertinent, the parts that it doesn't capture are the worse parts. The Case Shiller index makes the housing downturn look downright rosy in comparison to the data on the streets - but you won't hear this from the mainstream financial media!