Archive - Feb 2013 - Blog entry

Turning your growth trade into a value trade is the quintessential sign of a losing trader on Wall Street. 

The oil industry is full of bad analysts.

There are no ramifications if you get caught defrauding the court. Just take a voluntary dismissal and start over. We now have a court system, an entire judicial system, that supports fraud...

 A recent poll finds that a plurality of Americans would agree with a secret memo authorizing the droning of Banksters on a skeet shooting range.

Can you imagine successfully navigating the next decade ahead with a great system. We have arrived at a juncture that will require major efforts on the part of investors to reshape their investments. You see, we believe that major forces at work will be to the benefit of credits. We propose a structure that removes any debt based investments.

I see many pundits on CNBC commenting on Apple. I believe they are ALL wrong! To begin with, nearly all of them are coming up with revaluations after the fact - which is simply too late and lacks credibility. Second, Apple has someserious steps to take if it is to get back into the mobile computing race.

Many of the banks, now predicting gold’s bull market will end in 2013, never predicted gold’s bull market in the first place. Most were bearish on gold in the early to mid years of the bull market and most only became bullish quite recently.

 Many of these banks' primary focus is short term profit, often trading profits, and therefore they do not understand the long term, passive diversification benefits of gold in a portfolio or as financial insurance.

Thus, we find that Europe’s primary political market props (EU leaders including ECB head Mario Draghi) are coming unraveled at the precise time that EU banks are showing warning signs and the most important EU economies are heading sharply south.

The official lie is most effective when we want to believe the lie more than we wish to know the truth.

And Other Kleptoderata...

The Global Currency War Is Escalating

An equivalent amount for the US would be if it were discovered that members of Congress fled the US last year taking $300 BILLION them. Bear in mind, if you added up the total net worth of every politician in Washington you wouldn’t come even close to $300 billion.

Due to job destruction in the private sector that is gasping for air.

The gasoline market is well supplied, but if it weren`t for gasoline exports to countries like Venezuela, the United States would have much cheaper gasoline.

There will be some talk, but there will be no action.