Archive - Jun 16, 2015 - Blog entry

Haven’t you ever sat there in hindsight, drinking history down retrospectively like an already-bad whisky that has been mixed with some equally worse soda and a couple of rocks thrown in for good measure and wondered what life would be like if this or that event hadn’t actually happened?

The Fed and Feds can talk about recovery all they want. But it’s just talk. If the US was truly in recovery, interest rates would be rising.

Chinese Margin Debt to Stock Market Cap Hit 3.6% or more than the US 2.2% despite record margin debt highs. The Stock market cap to GDP, Buffet favorites stock warning indicator is at 118% for China. Is China a secular bull market one we should ride for decades or just a bubble mania?

Explosive moves ahead...

His head is an upside down pear...

Unfortunately for stocks, this time around the Fed isn’t engaging in QE anymore... so that market prop won’t be in place.

“But the truly game-changing aspect of this proposal … lies in the “system” part.  This would be an advanced, state-owned and operated system of electronic payments and settlements, denominated in ounces of precious metals, barred from engaging in lending, leasing, speculative or derivative transactions, and always maintaining a 100% ratio

We’re not trying to steal from the Little People to give to the Top-1%. We will just do anything and everything in our power to make sure it’s “probably impossible” for anything else to happen, ever.

Neither control for its own sake, nor bail-ins, are the primary drivers of going cashless. It's something more serious than power or loot.