• Monetary Metals
    05/02/2016 - 01:28
    The price of gold shot up this week, and silver moved proportionally. Headlines are screaming for gold to hit $10,000 or $50,000. Does this alleged new bull market have legs?

Guest Post: Where Is The Recovery? I Cannot Seem To Find It

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Mon, 06/13/2011 - 12:05 | 1364959 Silver Bug
Silver Bug's picture

The Average joe fund manager is indeed a lemming. The problem is when they all actually figure out that they are indeed wrong. Which they will eventually. Hopefully then all the intelligent investors are far out of the way, at least the ones who read Zero hedge and other informative blogs will be prepared.

 

http://silverliberationarmy.blogspot.com/

Mon, 06/13/2011 - 12:13 | 1364985 Cleanclog
Cleanclog's picture

Worse than lemmings, fund managers want to be able to point to everyone else and say to their investors "see, we all flubbed up, stick with me".  Pathetic.  A fearsome lack of confident research analysis investment decisions and a plethora of HFT technical dinky movements done in massive quantity.  That's not investing, it is nano second arbitrage.  It works until it doesn't, but it isn't investing.  No commitment to company, product, service or future.

Mon, 06/13/2011 - 12:42 | 1365074 ShankyS
ShankyS's picture

Fund managers have a problem - they keep you invested and make money or tell the truth and go broke. That simple. Want to eep the BMW, beach house and mistress? Keep the sheeple invested. Want to loose it all? Tell the truth.

Mon, 06/13/2011 - 12:40 | 1365080 ShankyS
ShankyS's picture

Fund managers have a problem - they keep you invested and make money or tell the truth and go broke. That simple. Want to eep the BMW, beach house and mistress? Keep the sheeple invested. Want to loose it all? Tell the truth.

Mon, 06/13/2011 - 12:59 | 1365128 Ergo
Ergo's picture

New definition of recovery = slowing down the rate of decent. 

In short, necessities cost much more, houses are worth a bit less, and we work longer hours to make less money.  But the world didn't end yet, so things must be getting better...  

I'm not surprised that governments lie.  I'm not surprised by the enormous transfer of wealth to an elite few.  But I'm sad that our people so readily accept lies as truth.  I suppose those who don't love truth, can't see it.  And unfortunately, we will all suffer for their lack of foresight. 

Mon, 06/13/2011 - 13:15 | 1365164 SheepDog-One
SheepDog-One's picture

When a 747 crash lands the rate of descent is also slowed, sometimes more violently than others. And even the Titanics rate of descent slowed. It doesnt surprise me that govts and banks lie, what gets me is the people always believe the lies.

Mon, 06/13/2011 - 13:43 | 1365222 Cleanclog
Cleanclog's picture

Or how about recomposing the economy as it decomposes? http://bit.ly/mRwsi9

 

Mon, 06/13/2011 - 21:00 | 1366430 DaveyJones
DaveyJones's picture

that was a great post ergo

...Victory Gin

Mon, 06/13/2011 - 12:30 | 1365025 Hugh G Rection
Hugh G Rection's picture

Fed policy isn't failing.  It's shareholder banks are plundering trillions of dollars from taxpayers, and perpetrating the greatest wealth transfer... err theft, in history.

 

Thinking that the private Federal Reserve is in the business of creating jobs, helping the economy, or doing anything other than enrich it's members is naive at best.

Mon, 06/13/2011 - 12:44 | 1365029 BS_Merchant
BS_Merchant's picture

What does the "IG Peaks" from the graph mean?

 

Thanks

Mon, 06/13/2011 - 13:15 | 1365162 traderjoe
traderjoe's picture

Investment Grade [bonds] peak.

Mon, 06/13/2011 - 12:09 | 1364961 SheepDog-One
SheepDog-One's picture

Lotta sheeple about to go up in flaming BBQ.

Mon, 06/13/2011 - 12:17 | 1364995 ZeroPower
ZeroPower's picture

Its unfortunate, but true.

Oh well. Serves sheeple right for not saving for a rainy day. Investing in stocks is not saving for a rainy day.

Mon, 06/13/2011 - 12:12 | 1364964 Alcoholic Nativ...
Alcoholic Native American's picture

BREAKING:

http://market-ticker.org/akcs-www?post=188027

Leon Panetta: Is He A Sneak Communist?

Karl Denniger and his teatard derp squad have exposed the head of the CIA as a secret communist Jew!

I knew it!  This country is finished!  We got communist Jews running the CIA and a Marxist Muslims as POTUS.

Mon, 06/13/2011 - 12:10 | 1364971 SheepDog-One
SheepDog-One's picture

And theres a point in your post somewhere?

Mon, 06/13/2011 - 12:10 | 1364973 SheepDog-One
SheepDog-One's picture

Of course he is. Hardly news. 

BTW thanks for the totaly off-topic troll post.

Mon, 06/13/2011 - 12:23 | 1365014 anony
anony's picture

Is there any way in the fucking world you can stop using the term "Troll"? 

I mean for an articulate bunch, the constant use of one word that has lost ALL of its impact from pure overuse by everyone with whom they disagree is nauseating.

Find a new one.

Mon, 06/13/2011 - 12:31 | 1365021 SheepDog-One
SheepDog-One's picture

OK heres a new one, asshole. BTW I didnt 'disagree', I said theres no point to the off topic post.

Mon, 06/13/2011 - 12:36 | 1365054 aheady
aheady's picture

Troll.

Mon, 06/13/2011 - 13:05 | 1365142 SheepDog-One
SheepDog-One's picture

Huh, back when I was a kid that was what a 'dork' was.

Mon, 06/13/2011 - 13:16 | 1365180 Gully Foyle
Gully Foyle's picture

Fuck y'all! Dork, Troll, none of those carry the insulting weight of the word POLITICIAN!

From now on no one is "trolling" they are politizing. They are no longer "trolls", they are politicians.

However BANKER can be used as an effective insult.

Why the fuck would an Economic site use fantasy slang, other than stock market and economist, as insults?

 

Mon, 06/13/2011 - 13:38 | 1365247 aheady
aheady's picture

All synonymous with douche.

Mon, 06/13/2011 - 13:49 | 1365279 Dburn
Dburn's picture

+1 I'm in favor of Douche, Douchebag, Douchebaggery and other creative derivatives with the root being Douche, It acts as a noun, adjective or verb depending on usage.

Mon, 06/13/2011 - 13:49 | 1365281 malikai
malikai's picture

We just call them cunts here in Britain.

Tue, 06/14/2011 - 05:49 | 1367151 Tenma13
Tenma13's picture

rofl! Well said sir!

Mon, 06/13/2011 - 12:26 | 1365007 falak pema
falak pema's picture

One should run east jerusalem, the other west J; I'd vote for that immediately. If you did Jerusalem would become a fun place. Lots of free booze for tourists like you.

So when do we shoe them in there? Get Denniger to raise congressional support Pronto!

Mon, 06/13/2011 - 12:29 | 1365019 Alcoholic Nativ...
Alcoholic Native American's picture

I live in the U.S.  I'm more concerned about this country.

Mon, 06/13/2011 - 14:41 | 1365454 falak pema
falak pema's picture

You sir, don't know where your alcohol gets paid...it's in Jerusalem with Petrodollars...so move your butt pronto if you want to drink rye scotch with your baked potatoes from IDAAAHO!

Mon, 06/13/2011 - 13:36 | 1365237 Enceladus
Enceladus's picture

I always had a thought it would be interesting to have the U.N. move to Jerusalem, they could run it like the Papacy in Vatican City. They could have their own stamps, tax, mint, laws etc. They could enforce 'peace' in the city and best of all leave NYC.

Mon, 06/13/2011 - 12:07 | 1364966 Dan The Man
Dan The Man's picture

 

You cannot look into the fishbowl when you are in the fishbowl.  They have as much rational perspective as congress. 

Mon, 06/13/2011 - 14:26 | 1365398 Urban Redneck
Urban Redneck's picture

If you are a fish and leave the fishbowl, you are likely to die.  The smart fishes figure out that they are in a fishbowl and learn to deal with it.

Mon, 06/13/2011 - 14:43 | 1365462 falak pema
falak pema's picture

even when the fish bowl water is fukushimad? That be very dumb logikkk.

Mon, 06/13/2011 - 15:23 | 1365564 Urban Redneck
Urban Redneck's picture

well if the water is from fukushima then you're fugu'd

Mon, 06/13/2011 - 15:34 | 1365590 falak pema
falak pema's picture

I'm immune to Fuku fukk, as not a fish from a consumerised fish bowl, but a flying fish from Ithica where we learnt to avoid sirens who said 'sayonara' to US soldiers. Thus enticing them back...to taste their own Hiroshima medicine. Oh the horrors of reverse globalisation.

Mon, 06/13/2011 - 12:16 | 1364982 King_of_simpletons
King_of_simpletons's picture

Buy the dip. It's going to make you rich. Ha Ha !

Mon, 06/13/2011 - 12:13 | 1364983 digitlman
digitlman's picture

Since we are going off-topic:

 

http://money.cnn.com/2011/06/13/news/economy/summers_stimulus/index.htm

 

Hey Larry - go fuck yourself!

Mon, 06/13/2011 - 12:17 | 1364986 SheepDog-One
SheepDog-One's picture

Fatfuk strikes again!

Mon, 06/13/2011 - 12:14 | 1364987 Salah
Salah's picture

Listen-up bitchez

Get to know this rabbit (term):  "Financial Repression"

Ref starter: Carmen M. Reinhart,  http://en.wikipedia.org/wiki/Financial_repression


Mon, 06/13/2011 - 15:33 | 1365588 oklaboy
oklaboy's picture

nice link, thanks

Mon, 06/13/2011 - 12:15 | 1364988 Rastadamus
Rastadamus's picture

Babylon and this chart is falling.....

Mon, 06/13/2011 - 13:20 | 1365189 mayhem_korner
mayhem_korner's picture

I wonder how many are long lampstands and oil...

Mon, 06/13/2011 - 12:15 | 1364989 hannah
hannah's picture

jesus christ....get off this sh&t that the 'FED DOES FORECASTING'....the fed puts out PR for the sheeple. they arent stupid. they know exactly the effects of QE etc are before they do them....I KNOW WHAT WILL HAPPEN...IT DOESNT TAKE A PHD TO KNOW THAT PRINTING MOENY OUT OF THIN AIR (OR ADDING ELECTRONS TO A COMPUTER SCREEN) WILL RESULT IN CHAOS...sometimes i think these sites are apologist for the fed...?

...and go ahead and delete this post like the half dozen others you have edited....

Mon, 06/13/2011 - 12:24 | 1365006 anony
anony's picture

You've been edited???

Don't say I don't believe you, but when?  Where?  How?

Mon, 06/13/2011 - 13:59 | 1365309 hannah
hannah's picture

they are 'protecting their own'....LOL...just make a negative comment about one of their sister blogs and they will pull the comment. i was taking screen grabs of my comments to make sure they posted but then the next day the comments are gone AND their if no refernce in search......tooooo funny. even this media outlet pulls the same BS as the major media outlets...wait....now who owns this website....?

Mon, 06/13/2011 - 12:22 | 1365011 SheepDog-One
SheepDog-One's picture

Hannah Ive been saying the same for years here on Zerohedge, printing money out of thin air can not result in wealth it ends in chaos.

Mon, 06/13/2011 - 15:37 | 1365599 falak pema
falak pema's picture

Hannah only listens to the great dictator, who can bounce a globe on his extended foot or finger. So you better put on your Charlie mustache!

Mon, 06/13/2011 - 12:22 | 1364991 TruthInSunshine
TruthInSunshine's picture

The Federal Reserve has a horrible record at economic forecasting, absolutely horrid yet with each new forecast we are expected to believe "this time it is different."


  Bernanke Epic Failures of Advice and Forecasts (total, epic fail)
Mon, 06/13/2011 - 12:25 | 1365001 oogs66
oogs66's picture

+1  this was great, is there an updated one where he goes through his economic quarterly forecasts for the past 2 years followed with what actually occurred?

Mon, 06/13/2011 - 12:26 | 1365013 doggings
doggings's picture

looks like Geithner's hedging his bets at least this time, with an unofficial and an official line, take your pick. 

http://red-pill.org/government-admit-another-crisis-coming/

Do NOT follow this link or you will be banned from the site!