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Dodos, Dinosaurs, and soon 'Bears"...
What happens when there's no one left to sell to?
(h/t @Not_Jim_Cramer)
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"We will not submit to your bullshit"
http://www.youtube.com/watch?v=vL4Zrap5lXo
Gary Tanashian: S&P 500 & Gold Stocks, Mirror Manias
Gary Tanashian provides very good technical big picture overview of the S&P 500 and Gold stocks. With NYSE margin debt making another peak ahead of equities his observations could be very close to materialising in the market place. There are NO Bears left in S&P 500 and NO Bulls left in the Gold Stocks. Nothing is growing straight up to the sky, it never does.http://sufiy.blogspot.co.uk/2013/11/gary-tanashian-s-500-gold-stocks-mir...
S&P500 weekly up 8 straight weeks.
http://bullandbearmash.com/chart/sp500-weekly-eighth-straight-week-doji/
Ending in a doji - first negative indication in two months - $17T in US Federal Government debt got us here.
I'll always be The Bear
No Bears are left in the Equity markets and No Bulls are left in the Gold market - everything is set up for the big surprise as usual. What will trigger that surprise? Maybe the chart below with the NYSE Margin Debt can give us some clues. Please note that Margin Debt Amount normally peaks before the Stock Market. Any move towards Taper will raise Interest Rates and we can have the Top in Margin Debt very soon if not already. http://sufiy.blogspot.co.uk/2013/11/gold-is-in-vertical-reversal-after.h...
"For now, Boomers are opting to work into their retirement years so they are postponing draw downs in their savings."
Except for the ones who don't have jobs because the real unemployment rate is in double digits. Employers get rid of older workers, in favor of younger, cheaper workers.
What happens when there's no one left to sell to?
Sell it to the Fed!
Question is: what happens when the Fed is bankrupt?
Then the fed does exactly what they've trained everyone else (their owners) to do. Have the fed create debt-notes, then borrow them. What the hell, it's all just fiat, fake, fraud, fiction, fantasy, fractional-reserve debt-gone-wild any how.
That's just an accounting trick. How much gold does one get when selling their debt notes? If their notes don't give you any gold, they're worthless.
I can print worthless paper, too! I'm just more honest and don't call it "money".
Which means, your question and comments come down to the question "When will people stop being stupid enough to trade the real, physical goods they produce for fiat, fake, fraud, fiction, fantasy, fractional-reserve toilet-paper debt?".
The sad answer to that question is... humans sure seem willing to stay terminally stupid right up to the point of death.
Why would I want them to stop being stupid? They keep giving me their gold!
When there's no gold left, the market will force their hands no matter how stupid they want to be.
What would it take for all you people to actuall DO SOMETHING other than sit in your basements moaning and gossiping like old ladies?
In the immortal words of Jerry Seinfeld 'yadd fucking yadda'
Seriously - I read all this bitching and wailing day after day after day - but do you do anything?
Do you organize a protest? Do you defy the government by not paying bills? How about the banks - do you keep paying your mortgages? Did anyone decide not to participate in this pig fest that is known as Black Friday?
How about the simple act of NOT VOTING????? Because by voting you only legitimize this shit
Nah..... just sit around - watch NFL games ---- and get back behind the console and type away. And in the meantime the knob gets jammed deeper up your ass.
What a fucking joke.
Take from the haves and give to the have nots so they can 'invest'. Its the never ending cycle of govt. involvement in markets. No matter how disfunctional markets become, the solution will always be more and bigger govt. involvement.
RE
The Fed will buy it #itsfine
This will end real well #fail