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John Williams Warns Of "Severe And Violent Sell-Off In Stocks"
John Williams utters his most ruthless words of condemnation not only toward the Fed, but to everyone who is stupid enough to be chasing returns in the face of what is a hyperinflationary collapse.
Euphoric Inflation Insanity. Buying U.S. stocks because the Fed says it will proactively debase the U.S. dollar is like sitting on the beach in order to get a great view of an incoming tsunami. Any pleasure so derived should be short-lived, when the terror of underlying reality quickly takes hold.
If one were to view movement in the price of gold as a surrogate for anticipated inflation, for example, the issues begin to come into focus. Consider that last night's (October 14th) respective S&P 500, Dow Jones Industrial Average and NASDAQ Composite closing levels were up by 7.5%, 10.8%, 12.1% from a year ago, but the price of gold was up by 29.6% in the same period. Relative to gold, which tends to hold its purchasing power over time -- albeit sometimes in an anticipatory manner -- the S&P 500, Dow Jones Industrial Average and NASDAQ Composite have declined respectively by 22.1%, 18.8% and 17.5% year-to-year. This is against the prospective inflation environment being discounted by the gold market.
While stock prices do tend to rise in an inflationary environment -- where revenues and profits are inflated -- rising stock prices do not always stay ahead of inflation. On a constant-dollar or real, inflation-adjusted basis, stocks go through bull and bear markets, just as they do otherwise. If prices do not stay ahead of inflation, investors lose value in terms of the purchasing power of their assets. The equity markets may rally in the upcoming inflation, but the systemic implications and current gold behavior suggest that the circumstance will not give investors a positive real return, as discussed in the Hyperinflation Special Report.
Given the current systemic distortions and extreme irrationality in the equity markets, a severe and violent sell-off in stocks would not be a shock, and it could come with minimal, if any, warning. It also might be coincident with a U.S. dollar-selling panic.
There is particular risk of recent dollar selling -- which has been closing in on historic lows -- turning into an outright dollar-dumping panic, which not only would roil the domestic U.S. markets, but also would set the stage for a rapid acceleration of domestic consumer inflation. Irrespective of any near-term market volatility, gold and silver, as well as the stronger currencies, remain the best long-term liquid hedges against loss in purchasing power of the U.S. dollar.
For more, click here
We sympathize with John's sentiment, but who cares about risk? The Fed will never let anything drop in price ever again. It is now far too late to prevent the biggest bubble in the history of the world, and its subsequent collapse.
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John must have been selling naked qqqq calls.
Sorry John, the dream is over. Your best bet now is to now:
1. Salvage any money you have left
2. Buy an Ipod
3. Enjoy the rest of your life living in mediocrity.
Yeah great metafor Turd, and if you change the rules its still pretty tricky to put the lower blocks back in place without collapsing the tower:)
Just get more blocks
OT:
If you missed this on CNBC, you may want to see interview with OH AG and Maria B.
Attorney General's Foreclosure Fight
"Given the current systemic distortions and extreme irrationality in the equity markets, a severe and violent sell-off in stocks would not be a shock"
But, but.... what if this turns out to be another MBS fraudclosure-like event?
Who owns what? Is the paperwork Legit? etc. etc.
HFT bots playing ping-pong with all equities which are floating around somewhere in hyperspace.
If this crap goes sour and the market crashes it may not come as a surprise that "Big money" will not hold stock or will be invested otherwise, meaning the sheeple will be the holders of another gigantic toxic shit-pile.
LMAO
Ben made sure the market has a bullet proof bubble. Not to say that it gets pretty rancid inside and smells like the lew on a tuna boat.
Jenga is a good analogy because what the Fed is doing destroying the FOUNDATION (pulling base blocks out) that the integrity of the system relied on, in order to prop up the markets. The lower blocks on the "jenga" tower go to the very core principles on which any monetary system is built on i.e. trust and faith in the FIAT. Perhaps a collapse in the bond market will be all that is needed to take this down. Everybody is watching and piling into equities but it is the bond market that causes the destruction.
add, "all the while, making the tower top heavy as the base is whittled away" and analogy is perfecto.
I like that anology. Bernankie is pulling the Foundation Blocks out from under the American system to pump up stocks. Even if it means the Building will eventually come crashing down on Americans heads.
Add Williams to a long list of bears who's carcasses are littered along the rode. Stocks go higher still. Until the last bear capitulates, this will not end. Then we will likely get a crash.
And given the size of short interest, that is a bloody DOW 2K more away.
Short Bear= Road Kill.
Did you ever notice how it goes down a lot quicker than it goes up when people least expect it? The longs are not very committed and are ripe for the algo squashing; squueezing shorts takes way longer
Hehe, well, technically, longs can only go to zero; OTOH I suppose theoretically you could squeeze the shorts until their great great great grandkids had to pa... hey wait just a second here: does this mean we're all shorting the national debt? I don't think I have margin for that.
Inflation? ...But just think of how much we will be able to export!!!
Don't you need to grow, mine or manufacture something before it can be exported?
Tsunami?
Did anyone else think, "Surf's up?"
Oldy but a good un:
http://www.youtube.com/watch?v=xNnAvTTaJjM
"Watch out, you might get what you're after..."
Warmest regards
cant you turd burglers see that the Fed is getting ready to buy back the USA debt from China..............thats the promise of all this liquidity
vienna sausages...........bitchezzzzzzzzzzzzz
Good point.
Perhaps one of the bulls can explain to me why this Fed, the very same Fed that has blown bubble after bubble, all of which have blown up, will somehow keep this market propped to infinity. This Fed has trouble predicting what time it's going to be at noon. I doubt very seriously that any intended outcome is what we're going to get from them.
+1000.
"This Fed has trouble predicting what time it's going to be at noon. "
Well played, sir. Well played.
It's all speculation now though. We can speculate that the Fed will print to infinity to keep the market up, or that maybe Zimbabw Ben will miss an ink order. Hell even gold and silver is a speculation, we are gambling that our leaders will inflict the maximum amount of pain on the public. It's a gambling age, place your bets and take your chances. I personally would not be in most paper assets, because of purchasing power issues. But then I'm holding gold and pessimistic as hell about our "leaders" intentions.
When was the last time John Williams got anything right? I can't remember.
He tracks inflation to near perfection.
So I should buy whole foods now, or buy canned salmon now, I am confused? Wait, no I'm not!
take it from me, wHOLE foods is going downhill without skis.
Mozillo knuckle-whap just proved Fraudclosure to be a nothing-burger.
Note that beginning January 1st of next year, there will be new IRS reporting requirements for stocks, REITs, ADRs, and ETFs utilizing the cost-basis methodology. It's about to get a lot harder to account your way to showing a profit or getting out of paying taxes.
No worries, there will be an app for that....
In addition, nobody seems to be discounting the effect the change in capital gains tax will have on investors in 2011 vs. 2010.
Many will be cashing their chips in before the end of the year to avoid the extra tax.
There is still a lot to shake out until the deadline. If it is tax disadvantageous to hold on to stocks there will be a bloodbath of selling.
Makes you wonder if the FED is printing money to accumulate all of America's assets. They already own GM, C, FNM, FRE, AIG. Now looks like they want to own all of America's Bonds. They are a Huge Hedge Fund at this point and they hold all of the cards because they have all of Americas Tax Payer money to back stop them so they cannot fail.
So, just how powerfull will the FED be once they own our largest Car Manufacturer, the Worlds largest Insurance Company, 50% of all of Americas Mortgages thru FRE, FNM, one of the Largest World Banks, Plus, all of the Bonds issued? Once they buy all of the Bonds they can create hiper inflaiton and make Trillions on those Bonds. All being done with Tax Payer Money. Yet, the private banks that make up the Fed benifit. So, what do they give you while they take your National Wealth? A higher Stock Market.
Boy, are we being sold down the river.
see my post below..............the Fed is going to buy up the USA debt from China...........it aint the NWO............its the NFO
whats QE of 2-4 trillion vs 850 billion in debt owed to china.............ziparoo/nada......the Chinese own digits and who you going to sell digits to in a race to the bottom except for the Fed.............its like buying back your own stock on sale
LV
Yeah...Timing!..this thing is behaving like a f****** mirage....It's so close you think you can touch it, but it vanishes in the event horizon yet again and the people around who don't have a clue whatsoever can chirp on with a sense of vindication... - insert bitterness emoticon -
This thing is defying logic like Zeno's arrow...
The stock market is like an annoying repetitive commercial.
Mute it, don't buy stock market shamwow show, and wait for the inevitable crash.
By the way, when is Eric King going to interview Steve Jobs?
Poor Eric got clobbered on his AUY today, down nearly 3%.
Apple, however.....
What a joke you are Robo; you pick one of the worst performers of a sector and put it up against one of the best of another. I mean how ridiculous, I hope you don't expect anyone to take your crap seriously.
For some reason Yamana seems to be one of the most hated mining stocks around, the shorts are brutal, and the puts win practically every op ex. But thanks for the tip, now at least I know who to load up on come Monday. Oh, and short too (I've always wanted to take a bite out of Eh-Puhl, in a quick 'Robin Hooder').
IE If it wasn't such an obvious waste of time I could show you the short list of a portfolio in the junior/intermediate gold/metals mining sectors that have double and triple the percentage gain for the same timeframe. And they weren't just cherry picked to make some non-existent peanut gallery point in the comments section either...
My question to the likes of you is:
When are you going to apologize to Jim Sinclair for plagarising his cartoons?
Only up 13% in 12 trading days. Let's put that on the continuum and Apple is at 550 by this time next year. Just like all the experts said it would!
Well, unless people realize iPads are the new Beanie Babies, which they're quickly becoming, and who knows maybe 150 this time next year. How fun!
Leo, sorry to break the news...
Looks like Trina Solar is toast....
Same high volume selloff we saw last year before these solars got whacked by 50%.
mmmmm
solar toast
A repetition of the cloud jitters perhaps. Big fast moves up will give up fast ground down.
Who junked him? I need some short candidates. :D
Anyone catch Amanda today???
Love it when she wears that black teddy...
LOL....
The single biggest mystery on Wall St. is why she hasn't already been scooped up, contract bought out, and whisked away to a 200 ft. yacht somewhere...
Have they given her a nickname yet? You know, like the Money Honey and the Street Sweetie .... would you all hate me if I called her the Ticker Tart?
Some people with BAD Tickers (Hearts) cannot handle that Tart.
Ticker Tart +1
The single biggest mystery on Wall St. is why she hasn't already been scooped up, contract bought out, and whisked away to a 200 ft. yacht somewhere...
Uh, not insult your taste or anything but,
Ans. Because she looks like a 2010 version of Barbara Streisand?
"You don' bring me flouwaaahs, henymoowah..."
I knew I was right, she didn't come to the US to fill in as they sometimes do for anchors on vacation. She has been hired for CNBC US since May of this year. I'm starting to wonder which anchor she will eventually replace. And trust me it won't be one of the men, they are already at bare minimum. If I was Sue Herrera, I would be very very worried about her. Because CNBC seem to be changing the format some to eye candy. Not to say she's not bad, but she's "old" and been at the network since it's start. If I have to make a wager, it will be Sue and Mandy will take her place.
http://www.cnbc.com/id/15839031
Lucky deckhand...LOL
robo are you sure that is a teddy and not just a lacy brassier?
Already under contract (look at the hand in that photo)
Anyone want to bet that both Moynihan and Desoer will be gone by the end of the year??
oh hey volume..stock down huge what a shocker. Yeah he is gone. Lewis got suckered into absorbing Merrill under direct threat but Moynihans comments along yesterday is insanity about the dividend. Why purpose is served with that statement?
BAC did shoot themselves in the head by purchasing Countrywide however.
No, but my coin say's the entire SOB is DOA.Not only them, but at least TWO More of same stature.
There won't be any BAIL out's this time...........11-3,NO Mo'.
I wanna be a billionare so f*** bad...
Don't sweat it, man. Ben is on it for you.
+ 1 Quadrillion
But according to Karl we're nuts to buy gold
http://www.owngold.biz/2010/10/15/denninger-a-face-for-radio-2/
He mentions Kondratieff Winter and should know the real price of gold increases yet he thinks there is a bubble brewing.
problem is, like at every toppy froth there is a preponderance of "certainty". not saying this is toppy froth. just sayin.
But Tepper said stocks will always go up
October 15, 2010 11:13 AM Eastern Daylight Time JPMorgan Chase Declares Preferred Stock DividendNEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE:JPM) declared a quarterly dividend on the outstanding shares of the corporation’s 8.625% Non-Cumulative Preferred Stock, Series J, in the amount of $215.6250 per share (which is equivalent to $0.53906 per related Depositary Share). The dividend is payable December 1, 2010, to stockholders of record at the close of business on November 1, 2010.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
I'm seeing it, just not believing anything of this market. It's just an invitation, another paper alternative to PM's, and to get whacked. I'm not paranoid, just afraid they're all going to get me.
Hey Tyler -
The link to the report points to a fileon your hard drive.
"Severe and Violent sell off in Stocks" -- John Williams. You and everybody else, John. My arms are 2" longer shlepping PM's.
a good proportion of average citizens aren't players in this game. vile ben will have their blood on his hands.
AAPL is in pretty much every portfolio there is. Everyone in the money world owns as a "key holding" or "top pick". So who's still buying it?? Who's left??
This ain't GOOG which had people on the fence before earnings. This is the 2nd largest company in the fucking world that everyone loves and expects to do great things. No short interest to be seen.
So if everyone's in it and there aren't any shorts and expectations are huge, isn't this setting up for one of the biggest disappointments in modern times?
Not going to bet against it but when something is too good to be true...it's too good to be true.
remember the microsoft
Yes, that is indeed the answer to "Cui bono".
As I posted below, this is looking all too much like the blowout of Sun Microsystems 10 years ago. Sun's Java platform, which now dominates the enterprise server application world, was looking like a threat to Microsoft's operating system dominance.
Of course, we all know that the crack squad at the SEC is on top of all the corruption in the market, so they'd never let such a thing happen.
and apple will be relegated to the mega-cap p/e compressed soon enough.
Was Friday the exhaustion gap? When the mania reaches the profit taking tipping point? :D
The same gov't you're counting on to pump things up allowed a -1,000 drop in the Dow in *1* day. They can't balance the budget, provide clean energy, or even get a blowjob without the world finding out.
+1 for Harry's comments about AAPL.
Hardly anyone owns an iMac.
Sure, lots of people have an iPod, but most bought their's a year or 2 ago.
The iPhone has tremendous competition -- Blackberry, Droid, HTC, etc, etc. With it's hefty price, ya, a couple people I work with have 1, but a lot more people have lesser phones.
I've only seen *1* person with an iPad.
Virtually everyone with a computer uses MS Windows. Or puts gas in their vehicle. Those are the kind of companies that should be that big. AAPL reminds me more of CSCO than MSFT, XOM, WMT, etc.
Besides BRK.A which is obviously a special case, AAPL, GOOG, and CSCO are the only companies with a market cap of 115B+ that don't pay a div.
Apple is echoing Sun Microsystems approximately a decade ago.
Superior product made by Company X threatens Microsoft dominance. Stock price for Company X is inflated to the moon. When the air is let out, Company X can never recover because it can never regain its stock market highs. Company X languishes looking for someone to buy it.
RECIPE: Let's say you're an evil monopoly. And you want to destroy a company that you can't possibly purchase (due to antitrust problems); money is no object -- hell you can't give it away fast enough. So simply gun your competitors share price up as high as possible, (buy like crazy through intermediaries); and then yank out the rug. Sure, you might lose a bunch of money; but you guarantee you'll make even more money by continuing your dominance.
Gates "muah ha ha"
Allen "MUAH HAHAHAHA"
Together "Like taking candy from a freakin' bayyyby. MUAH ha ha hahah"
Me, I wonder how Apple survived this long anyway (genius marketing somehow soldiering on through every Jobs gaff...?) I wouldn't touch it with a ten foot iPole. Just Sayin'.
Shorted it near the close friday
mmmmm
gold...
I have read multiple opinions coming from both the inflation/deflation camps. Okay, I am still quite a neophyte here, but I do have an honest question. Since J6P has, what maybe a couple of grand sitting around and governmental employment is shrinking, where is the necessary cash going to come from to trigger hyperinflation? I can see that the lack of confidence could easily erupt with a failed bond auction, but how does the average schmoe flood the market with dollars if he doesn't have any? The only way I could envision this happening is if the gummermint decided to spike the punchbowl by vastly increasing the amounts being sent out to those on the dole or by offering negative rates to incentivize mortgage assumption (fat fucking chance with the mortgage mess). I would think the political enviroment would bar the former and the latter...well, how good is BB's security detail? Might need to be beefed up a bit... Really though, didn't the Weimar flood of marks come about via public transfer payments? How did they get the paper in the system to spur the velocity? I can't figure it out. Is there a like mechanism in place in the US now? M3 is tanking right? Shouldn't that be what we're most concerned about destroying the confidence in the dollar by going into warp drive? I mean, I don't have any more confidence in the dollar that Lindsay Lohan staying sober, but can this happen? I see it as a bit more likely to actually occur since no one apparently has to service a mortgage note any longer, giving much more, uh, "discretionary" income to folks, but is that even enough to spur a loss of confidence? I guess I have more than one question but my head is working like a 286 in a Pentium world....
do you forget about fractional reserve banking -induced commodity speculation at the prop desk? you don't need consumers to fuel demand (so to speak), they are just innocent by-standers. the cash-n-carry ones anyway.
That's the hallmark of stagflation.
Oh, I think you are absolutely right that stagflation is a possibility, perhaps even the most likely outcome. Reading and learning about the impact of hyperinflation is what really freaks me out. Clearly, stagflation is no picnic but looks like the prettiest tranny at the trucker's rest stop. Deflation, well there's a pool of misery, but trying to prepare for hyperinflation and protect a family in what would be craptastic fallout of society big unwind...mmmm, I dunno, isn't my kinda goat rope. Deflation/inflation - PMs make sense, as does preparing food, supplies and so on all seems wise either way. But as much as I loathe the existing governmental architecture and want to see it collapse, I worry that government would of course go epic fail in a hyperinflationary environment in the most basic function of protecting its citizenry. Nay, would go full retard and the wanna be dictator would arise. Obumma uber alles! The dispicable fuckstick that he is. I am all about your avatar and hope we can run out the clock until we can put him at the helm in 2012. Cue the douche that talks about the Bilderberg crap in relation to RP's advisor. Bilderberg's may be real, but I don't see Ron Paul being their flack.
you are exactly right.. Without demand for credit and upside pressure on wages - inflation is practically impossible to generate.. Hyperinflationists are mostly smoking crack or dotn understand how economics works
You're obviously such a #uckin wizard... I bet you don't even need to read. You know it all.
You might want to appraise your great wisdom though with the notion that inflation and hyperinflation are driven by 2 very different and distinct circumstances.
This is the most intelligent and argumentative argument I've heard all day..
You knowledge of economics clearly puts you up for Nobel next year..
Why dont you enlighten me as to what inflationary circumstances you are talking about
Have to wholeheartedly disagree with that ... the sharp "cost push" increase in food commodities is real, and it is accelerating.
Corn limit up shows first signs of inflation, Published 10/11/2010
http://www.futuresmag.com/News/2010/10/Pages/Corn-limit-up-shows-first-s...
And it was not just corn. We saw limit moves in cotton, soybeans, wheat, oats, and also sharply higher prices for energy.
September Consumer Inflation: 1.1% (CPI-U), 8.5% (SGS)
Shadowstats: adding reality to the equation.
What do corn prices have to do with Fed policy?
Commodities ARE volatile.. Especially agricultural commodities..
And sharp sustained price spike ALWAYS induce farmers to expand
production which balances supply/demand.
Last winter orange juice futures had quite a run up before reversing on the back of Florida freeze..
Unless you think Fed policies influence weather, I dont see you argument as valid
Here is another one for you: natural gas is down 40% YTD..
Do you think monthly household expenditures on corn are lower or higher than on natural gas?
It still cost 500 a month in gas to heat a 3,500 sq ft mcmansion in the dead of winter out by me.
Notice the size shrinking on most product to hide inflation over the last few years, go to mc d's the big mac is half the size twice the price from 5 years ago w/inflation adjustment.
I think oil is the harbinger of the next big equity move - inversely so, with $100 being the red line. It is global, and a prop favorite, and consumer demand is still somewhat elastic - and the collateral damage on overall spending is huge. Not the mention the trickle-down effect on all commodity prices. I think nat gas is proof positive that the US recovery is a farce, and It's simply not a major speculative implement for the big boys. Remember the overarching truth - the monopoly money needs to go somewhere. Businesses and individuals are hoarding cash (i.e., paying down debt). And the shadow banks are doing so by driving up asset prices, irrespective of the "real economy". So by the time the business/individual is in a position to otherwise invest/spend, they are already priced out of the market.
So the hazard is that full bore monetary intervention WILL lead to a deflationary spiral and then hyperinflation. Question is, has the deflation already happened?
September Consumer Inflation: 1.1% (CPI-U), 8.5% (SGS)
Shadowstats: adding reality to the equation.
Are sure of what causes hyperinflation? You may be confusing high inflation with hyperinflation. They are separate animals. It doesn't take a large amount of cash in hands of the public to spur hyperinflation. It just takes the mindset of spending what they do have as quickly as possible. Velocity is built into the equation.
I think I grasp the concept - a complete failure in confidence of the medium versus simply more paper chasing fewer goods. What I am saying is that the consumer would seem to expend their financial bullets in short order to acquire said goods. As soon as the wad is shot, then where does the additional velocity and cash come from to spur the hyperinflation? Even if Timmmay prints $1 trillion dollar bills a la Zimbabwe, how do you or I get our mits on them? My company wouldn't likely be in a position to give me the 900,000% per month raise...the government would seem to me to be the only entity to generate that kind of increase. Once J6P runs out and blows everything on Charmin and Spam, again, where do we get the additional bucks to keep the velocity going? BTW, have always enjoyed your posts.
Don't forget about the producer side as well. Imagine you have a gun shop. The economic situation is deteriorating quickly. Confidence is being lost in the paper money. Will you accept $1,000 for the AR that 10 people are calling about every hour, or will you raise your prices? Will you accept paper money in trade for a good in demand? How much paper money will it take? If you think you might be able to get $10k for it in a week, what would you sell if for today?
At that point neither.
No FIAT, no matter the amount..........tangible trade?.Yep, if you have what I want.
you forgot one factor in the equation: that there are X # of mericans out there not paying their mortgage every month. and that # is about to go up a multiple of Y.
pedal hit metal.
Who is Chumbawamba? And where the hell is he?
I am not Chumbawumba.
He's out buying gold collars for his junkyard dogs.
I miss Chumba!
He is a Rock Band.
The first rule of Fight Club is that you don't talk about Fight Club.
I channel Chumba the destroyer, that barrier breaking mf'er
yet another idiotic thesis.. Let me see.. This guy says that weak dollar is responsible for frothy stock market action.. Yet, somehow if stocks sell-off then short-usd used to fund risk won't get unwound.. and just the opposite - usd will weaken.. that's teh stupidest argument ever.. let me see, everyone is borrowed dollars to buy risk yet when they unwind risk - they somehow wouldnt scramble to cover their short USD..
what a joke!
dude, do you really think bonds and stocks will survive if the dollar index hits 70?? they're denominated in dollars you moron.
Sharpen your reading skills - I am saying that if stocks that are funded in short USD crash - then USD will have to rally.. What exactly is not clear?
Imagine you have $1m and buy stocks on 5x1 margin by borrowing (shorting) USD.. So you have $5m portfolio. Next thing you know your portfolio is down 20% and there is a margin call for another $1m.. You will have to scramble to find the $1m and will be bidding USD in the market to cover..
No. You'll be scrambling for the last few loaves of bread left on the grocery store shelf.
For those of you who follow web bot Asymmetrical Linguistic Analysis (http://www.halfpasthuman.com), there is a major event being predicted between Oct 28th and Nov 4th. This temporal market has been showing up consistently in the data since 2002. If the data trends and analysis are correct, the event is to be of greater significance than 9/11... with follow through into the spring of 2011.
If this is to be believed, it could be currency collapse, or some form of natural catastrophe or regional war?
Stay tuned.
...
The Millerites will be happy to hear that.
Standing on hillsides, scanning the skies for His return, for only 160 years. Good times.
We'll chat in early November. Web bot technology pickup on major event in the skies over New York with significant death toll as early as 1999... but predicted the event for June.
This info is on public record. It also picked up oil volcano in the Gulf of Mexico in Feb of this year... also on public record.
I looked over your site - interesting stuff. It seems you track changes in language used on the internet and use it to forecast future events. This is very similar to socionomics - the science behind Elliot Wave theory where social mood trends forecast the stock market. In other words, social mood creates the events that make the news, and it triggers the markets which already had the potential via the prevailing mood. Social mood is getting worse around the world due to currency tensions and deflationary pressures. The sense of betrayal felt by the people by their leaders and dignitaries will not be without effects.....
Hi,
It's not my site... but I follow it for the data portion. As silly as it might sound, a significant solar flare could knock the electrical grid off for weeks...
The whole idea of web bot is based on Jungian psychology, where people use common language, both consciously and unconsciously. It also ties into the fact that all people possess some form of psychic ability... which leaks into lanague being used.
I know sounds sort of quacky but there is some strong data to support it. Anyone familiar with Jung's work will get the unconscious leakage in language.
I downloaded the $10 report and it shows a lot of the same things predicted by the UFO guys - new ice age, ET's coming out, etc. We'll see.....
there is a major event being predicted between Oct 28th and Nov 4th.
Yeah, it's call an election. Nov. 2.
I predict there will be some turnover....
11/8-11/12 now yes? or so says george, flexible that he is.
funny you should mention natural calamaties...check out today's spaceweather:
GREAT FILAMENT: A vast filament of magnetism is cutting across the sun's southern hemisphere today. Run a finger along the golden-brown line in this extreme UV image from the Solar Dynamics Observatory and your digit will have traveled more than 400,000 km:
A bright 'hot spot' just north of the filament's midpoint is UV radiation from sunspot 1112. The proximity is no coincidence; the filament appears to be rooted in the sunspot below. If the sunspot flares, it could cause the entire structure to erupt.
now imagine the size of the solar storm IF that filament erupts.
fuck katla or yellowstone for that matter.
stuxnet is child's play compared to this. you can kiss your iphone/ipad/idouche goodbye for awhile.
you want a flash crash? we just might get one. of course, the short's won't be able to get online to collect their 'winnings'.
Didn't anyone watch Fast Money. Karen Finerman said all the stuff about the banks is overdone. And Joe Terranova agreed with her so it must be true. BofA is a fucking huge buying opportunity, you crackheads!
Fast Money is NEVER wrong. Nor is Cramer.
Bet that Finerman chick likes it from behind.
betya cramer does too
Do not worry severe and violent sell offs are not allowed.High level bankers are lovely friendly people who appreciate old people and pets,to think they could shaft the whole fuckin system bankrupting everything and everyone for personal gain and not even bother to do it legally is beyond belief.Come take your medication now this is just a bad dream in Obamaville.
What causes recent flash crashes to stop before .01, TPTB appear to have the ability to respond in miliseconds with bids. I do not know how this works , but but the recent crashes posted on ZH show very fast reversals , If TPTB are the source of bids we will not see an overwhelming crash . The bids will support the market to infinity as long as politics allow.
I,m not so sure myself,as volatility gets worse and swings more violent will there come a time when the system becomes unable to have any stability and ultimately who really knows the value of anything.Surely something is worth what someone else is willing to pay,computers only do what they are programmed to do,if the programme has glitches that go unoticed for years who knows and then there is cyber warfare.Scarey stuff indeed.
the average annualized inflation adjusted return on an investment in the sp 500 since 1950 is about 7%. Most of that gain occured just after the inflation spikes of the 1970s and the credit bubble growth era of the 2000s. Gold pretty much shows the same response to inflation but its price rises much earlier in response to the expectation of inflation. Stocks tend to perform well as the effect of inflation (rising prices) shows up in the economy. In times of recession, stability, and moderate growth, neither gold nor stocks seem to do well. Gold has a higher intervention risk from government than does currency but over time is more difficult for governments to devalue; that's why its called "insurance." So, to me it seems that life teaches me that the logical approach is to buy gold early on during times of uncertainty and expectation of coming inflation (now) take profits as the effect of inflation (rising prices) begins to show up, reinvest profits in stocks after prices have already started rising to profit from investors chasing expectations of earnings growth.
Once there is heavy inflation and everyone is chasing gold it is time to start offloading gold and going into stocks, which would have presumably crashed by then. Stock gains always come from capital gains; dividends are trivial over time. I have no idea what to do with money during times of stability other than to spend it, but I dont think we will see times of stability for a long time so that's not a concern to me.
How about not responding on this blog altogether until you gain the enlightenment to think up your own screenname/avatar, and cease trying to fill the shoes of a true blogger that you never will!
Perhaps you should consider not responding on this thread/website any further at all, until you achieve the mental capacity to create your own screen name/avatar, and stop riding the coat-tails of bloggers that are obviously superior in intellect.
take a lookee here http://bgmi.us/
the only gold mine index in existence pre-70s.
HUI starts in 1996, XAU 1984
note BGMI 3 clear monster legs
1960-1968 [600%]
1970-1974 [500%]
1976-1980 [555%]
miners were way up ahead of gold's 72 release.
where are we today re the 70s ...
second leg,, or third.
Gold had 2 legs in the 70s. Do we get 3 this time?
If this is the second leg how far do we have to go.
If #2 a timely crash will transfer a vast amount of gold to new hands
we could as easily be at 1973 as 1979.
couple of marked up charts
http://postimage.org/image/1nrt5a8ys/
http://postimage.org/image/1ns9onpwk/
If the markets crash and people pull out will they trust their digital dollars in their local banks. Bank don't have physical cash to pay off 1/100 of depositors digital money. A run on banks occurs. Fed steps in to actually print. Can't print enough in small denominations so forced to print 1,000's and maybe 5'000's. Actual cash hits main street but nowhere to put it except into stuff. Stuff disapears and prices rocket up. Store shelves empty. Hyperinflation is in full gear. Physical gold and silver are the only things not connected in the ponzi. Don't know about everyone else but I'm INSURED.
If someone were concerned about hyperinflation or some other phase shift event and what to do to preserve their purchasing power I gather the things to do would be;
1. Buy maybe a year's supply of non-perishable food stuffs, plus things like matches, candles, kerosene, medicines and so forth.... while you can still afford them or while they are still readily available.
2. Turn your cash into hard assets such as commodities and PMs but before the sudden rush and acceleration in price.
3. Think about the logistics and security of where you currently live.
4. Have a plan to pool resources, team up with like minded families.
5. Buy assets in a stronger foreign currency?
6. Have plan to convert foreign assets to purchase cheap stocks later on after the shit has been splattered all about
Not sure about gold miners. I read recently that gold mining stocks did extremely well during the Great Depression and in 1974. If buying gold miners you would want ones that are currently producing gold and low debt levels (and hopefully not already sole their gold forward too long).
I have bought up half a dozen gold mining shares here in Aussie, some producing, some with know reserves and prospects for more, some to produce in the next 12 months and so forth.
I am still concerned about Australian banks from knock on effect of a US crash, the increased cost of funding/rates, unemployment and resultant property crash. Thus the safety of my cash.
So what to do? More quality gold mining shares??
When the market is led ever upward by an online book seller, a search engine provider and an electronic gadget maker - what could possibly go wrong?
When you read this kind of stuff you realise the short term means nothing.If you don,t buy Gold and Silver soon you won,t be able to buy it.
As Harvey says,
1.The usa dollar is collapsing, having fallen to a low of 76.31 before slightly recovering. This is setting off currency wars as all nations
trash their currencies to get export dollars.
2. We are seeing massive fraud in the mortgage backed securities. In simple language the banks cannot foreclose and thus they have no
collateral. They default on over 3 trillion dollars of mortgages and then this sets out credit default swaps which will implode the world's economy.
The lawsuits will come from all directions and the Fed will flood the usa with paper bills to cover its huge debt. Hyperinflation will occur in a nonosecond!
.
3. The BIS has now entered the arena. When you see these guys you know that trouble is brewing somewhere in the world. It seems that these guys
did another swap with commercial banks and received unallocated gold as collateral. The real gold was confiscated from unallocated accounts at
commercial banker's accounts around the world. This gold is private gold and this gold is being seized by the bankers to bail out the LBMA who are having massive delivery problems.
Then things like this, next piece of news is also troubling as we witnessed the trade deficit rise to 46 billion dollars from 43 billion last month.The world is witnessing many of its citizens buying gold and silver as bond yield plummet and investors perceive very little entities to invest in.These wealthy citizens also see the massive global debt problems and they are turning to gold.Yet, these wealthy citizens no longer trust unallocated gold or paper gold like the GLD. They are presenting themselves at the bullion bankers wicket and asking for physical metal. This has been putting unbearable
pressure on our bankers who are massively short paper silver and gold.
Eventually they will default and face criminal proceedings for all of their nefarious activities in the precious metals sector.
This was due to massive imports and low exports.
As I told you in the past, exports only represent 10% of the usa economy. They have moved their manufacturing bases offshore.
So even though the dollar plummeted, it provided no help to the manufacturing sector and its exports.
In an equally damaging move, this high trade deficit must be subtracted from GDP. And this is before we even look a defaulting deficits,crap your pants time is getting nearer. Many thanks to Harveys Organ.
Holy smoke, Batman!
To the Batmobile, Robin! ... and bring the map to Costa Rica.
Benjamin Franklin could not have sensationalized this headline any better, but the citations while relevant do not read as direly as the headline. Williams' work is highly influential and important, but I think one must keep in mind that black swans will appear in the form of solutions which will rarely be given so much credit, as well as disasters ...
When you get a knock on the door in the winter late at night when the snow is deep,you open the door to see a tattered figure in rags who announces he is a Banker and begs to buy your Gold and Silver to save the Comex and LBMA,tell him to get stuffed and set the dogs on him.
Obviously you missed Korea in 1997. I did however refuse to fly Air Korea at that time.
I will put that banker in tatters to work chopping his firewood for tomorrow's meal and heat.
Then send him on his way with a full belly because I aint got nothing but copper wrapped around lead cores to give.
Short term,
Dollar WILL win the Global battle...............DXY it goes back UP,and PM's will drop,likely starting Nov thru first few months of of next year,MAJOR buying Opportunity on PM's.
Hold your cash, and snag it at the new lows,with what you have still on the sidelines.
USD then crashes, and the SHTF..........but, you will have accumulated more for less.
I don't think QE2 will be very supportive for the greenback. i would expect a sharp US dollar rally if there is no QE2 and a massive market selloff.
...AH HA!!
Long JPM Puts. :)
One last christmas...
I have that feeling, too....
QE2 with crude over $85 is unthinkable
Bernanke recently gave a speech that the media and the pig men didn't pay much attention to. The message: FED won't monetize the Gov's deficits forever.
http://www.lewrockwell.com/north/north892.html
He got that right ... the rest of the world can look on in dumbfounded amazement for just so long as he takes a sledghammer to the American economy!
I think we may see a giant selloff in paper PM's at some point. Will be nice then to offer one physical ounce and get 100 to 200 scrambling bidders thinking the CRIMEX price should win it. Paper to zero, physical up a least a little bit.
If you buy chinese solar, yes, it makes you a Leotard... or a less-on, one step below a moron.
be52bd7f-a4e7-43f8-b13e-45627211114f 1.03.01F--- your posts are boring. If the topic's skin you are right there with a cutesy come-back. Yawn Yawn double Yawn.
Hah. Joke's on me. This was a reply to kathychamberline's post wayyy back on page one. Oh well. Best she didn;t see it. Might have shaken her little world.
GOLD updated chart showing parabolic move.
http://stockmarket618.wordpress.com
It looks as though the American Sheeple will have the rug pulled out from under them once again. You can't have a sound economy without sound money. It is only a matter of time when more and more people come to this realization. Right now, the majority are still in denial.