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Pray to the god of hockey-sticks...
h/t @Not_Jim_Cramer
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Bullish
so freakin bullishit
Not_Jim Cramer? whats up with that?
myself, I like the guy ... he is a plain Con man and doenst pretend to hide it, he is open about it and proud of it ... which is fine in my book, it is your choice o buy his product, he is open to what he sells.
fonestar believes he can fly. With Satoshi we can touch the sky! A whole new virtual world... a funky, cryptographic feeling....
nothing some BLS seasonal adjusting cant fix
And if that does not work, WWIII will break lots of windows.... then prosperity for all. You must learn to see the silver lining in Keynsian war.
"fonestar believes he can fly. With Satoshi we can touch the sky! A whole new virtual world... a funky, cryptographic feeling...."
Inhaled. Exhaled. Drank the bong water.
Bitcoin si like any piramidal game it makes sense in the system that supports it, when shit will hit the fan bitcoin guys will have the most problem recovering their money, bitcoins have no intrinsec money. At least with paper you can wipe your ass.
Disclaimer I am not into finance I am into computers.
Thumbs up for fone and banzai
Fuck miracles, Mother Nature is pissed off. Homer Sapiens time is limited.
http://news.yahoo.com/newly-arrived-virus-gains-foothold-caribbean-201802849.html
http://www.cdc.gov/media/releases/2014/p0327-heartland.html
http://www.cdc.gov/media/releases/2014/p0502-US-MERS.html
Fone:
I thought you died.
Hurry up and evaporate.
-30-
Those who strive towards Satoshi conciousness shall achieve it if they are earnest. They will become virtualized and go to that big ol' GOOG cloud in the sky and transcend life, death and the bit bucket.
I thought BitCoin was a currency, not a religion.
I am holding Bitcoin and I am pretty sure this dude is costing me money.
F* are you a shortin disguise?
You crack me up, fonestar. And please keep crackin'.
The future lies in Satoshi consciousness. Which is to say, in money set free from the confines of the state and in the liberation of humanity that is poised to result from it.
In the meantime, and as always, the state can kiss my ass.
You gotta respect his conviction, and his typically humorous responses.
They laughged at Noah...until they were up to their ears in water.
Noah's weather report; "Scattered showers my ass"!
If that were actually true, then I would be more enthusiastic than Foney. There is no crypto in this "crypto", therefore it should always be in asterisks. Those who claim the elaborate hoops they jump through actually give them anonymity may be deceiving themselves even worse. If they didn't already know they can control it, they would have crushed it mercilessly. Go back and reread the absolutely mind bending bullshit mendacity of the State's Attorney in the Liberty Dollar case.
On the contrary, “If Bitcoin dies, there are a dozen or more other cyber currencies waiting in the wings to be the next Bitcoin.”
http://www.theguardian.com/money/us-money-blog/2014/apr/09/why-bitcoins-matter-digital-currency-futureCould you please tell me why BitTorrent has yet to be crushed?
I give you an up vote every time you post fonestar. Can not get enough fonestar!
To Alpha Centauri bitchez!
He helped to destabilize the market in 2008 and should be in jail for it
hey jim.
it's nice to see you're posting here.
trolling for viewers in the basement of zerohedge is desperate.
good luck.
If I was in your shoes, I'd be uh,
Leaving!!!
What a good idea!
Don't check out until the party gets started.
Mind if we dance wif' yo dates?
MERS deadly disease: First victim in US
Health officials have confirmed the first case in the United States of the deadly Middle East Respiratory Syndrome , a virulent and relatively new condition first reported in Saudi Arabia in 2012. The unnamed healthcare worker arrived in Chicago about a…
Latest:
http://tersee.com/#!q=mers&t=text
...to Otis Day and the Knights. Otis! My man!
you owe me a beer and a keyboard.
Lessson: Don't drink and type.
Yes it's bullish. It beat the estimates!!!
Wayne Gretzky could not save this
Time to trot out his daughter to distract everyone.
He doesn't have to.
She trots herself out.
I think he might be kind of embarrassed.
So kind of like Kerry?
On a scale of 1 to 100
Wayne: 5
Kerry: 1,000,000
hey john.
nice to see you posting here in the basement of zerohedge.
desperate is as desperate does.
keep up the good fight and please say high to goldman saks, bank of america, charles hughes, jim cramer, and the other silly bitch fonestar/max keiser/bitcoin/maxcoin
Why the long face, John?
Kerry doesn't get embarrassed. He IS the complete embarrassment package.
W. Buffet will be at the bottom providing support. He's been getting free shots all week without any defense.
Warren will be there levitating above the Black Hole.
https://answers.yahoo.com/question/index?qid=20100201175330AAxiLnj
Real estate agents don't like to cry in public. But they are certainly blubbering, whining, pulling the last of their hair out in my area.
Leading indicator? Think so.
There's more for sale signs in my area (Phoenix) than there were when '07-'08 blow-up happened... And they've restarted construction as well. Time to sell has been increasing, prices set at delusional levels, real estate investing class signs sticking out of the ground on the side of the roads, every top sign you can imagine is there.
Fucked R.E. market 2.0 countdown is on...
but i thought bubbles were a positive economic indicator.....
Hell, in Texas prime real estate stays on the market less than 24 hours after being listed... I missed a property 2 weeks ago and I offered the sellers asking price... The winning offer was $20k over asking price... A subtle by-product of not having a local economy that sucks eggs...
One of the most inflated RE markets is Las Vegas. I've had a few friends involved there. If you time it right and need a lifestyle change, then get some cheap property there in the hyper-polarization (after the vertical down), then become a bartender for the end times. Or repair/service electronics for the slot machines and extravagent lighting arrangements. All sorts of action 24/7. But, if you have a family, morals, and commitments then there is no simple or good end-game.
A guy at the LCS where I buy my gold just got laid off today. Hmm, sure re recovery and jobs.
. .
0
Holy shit that's funny!
The jig is up. People are finally realizing they are running out of time and the EBT cart keeps getting lighter and lighter. I wonder if people can remember what blades of grass taste like? The Romans knew around 400 AD.
Dandilions taste better. Young Hosta shoots are great. It doesn't hurt to know what plants in your yard are edible, just in case you ever need to.
Dandelion leaves for salad. Flowers for wine. You can dip the whole plant with a flower bud, into a flour and water batter and deep fry, serve with a sprinkle of salt. Just watch out where the doggies go weee.
If based on the more believable Shadowstats data, this is pretty terrible.
If based on the "massaged, Hedonically-adjusted, 'Modern method of calculating results', present-the rosiest-picture-possible BLS data", things certainly are "getting interesting".
Surely nothing at all to do with those sanctions having an "unexpected consequence" I trust . . . . . .
Please Tyler? No moar broken (left) legs.
Heard a guy on CNBC radio saying he sees a GDP Q2 print well north of 4%.
There was a moment of dead silence.
They must have hit the mute button as they were giggling on the set. Silence is the tip...it may be right there in front of our noses.
@ CrashisOptimistic You're a better man than I! Why do you torture yourself in such ways?
CNBS radio? Do you have an "vested" interest?
P.S. I love your concise honest comments...
I have satellite radio in the car. Switch between CNBC, Bloomberg and BBC wherever I happen to be driving.
He was on CNBC.
It's a crying shame when you have to use payed or "front run" news subscriptions to drive your(new BMW) car to work every day!
Wouldn't you agree CrashisOptimistic ?
If the numbers itself don't get better you still have the option to change statistics to get the desired outcome. Let's add hot air and weather predictions.
FUCK THE LYING FED..... The sheeple will rise one day.... Hopefullly start jumping over fences too.
This chart is why QE will go on forever. And Bonds will continue to rise - yields fall, and so on and so on and so on. Its the most efficient way of socializing the entire US economy without a peep out of anybody in the process. And when it is finally realized and a passified public comes to their senses - by then - it will be too late to do anything about it. Fucking shame really. Happy Friday.
What? That is old news, why are you still talking about it?
Less than Zero [Hedge]? Who does Blankfein need Jamie to blow to get another hit of the good QE?
Uncle Janet?
But I believe!
70% consumer spending = GDP hmmmmmm
life leaves clues
My ex-broker would say buy that dip.
You are broker after you listen to their advice.
There's a clue in there somewhere!
Chart wrong way round and error in the y-axis. Turn around your screen clockwise 180° ---> super bullish!
Ahh yes...gently and free-falling up during this inception.
http://inception.wikia.com/wiki/Kick
Next Fed minutes preview: "Turn that red frown updside down! No, seriously. Turn the chart upside down or we'll blow this shit up. Jim, here are the minutes. Start typing."
Tyler vists a Fed board meeting: http://www.youtube.com/watch?v=3efW4AziWCg
Perfect! Well played!
hohoho, that is the best joke I have seen in a while!
all it was missing was 1 of the chimps holding a hand grenade.
Here in the US we also play hockey upside-down.
Hide the decline!
Where do you hide a Hockey Stick ? ;-O
Question: can we have 100% employment while having no real GDP?
Answer: yes, if everyone works for the government.
nods...
I want the job where you dig and fill in holes for a bowl of rice at the end of the day.
And you shall have it sir!
"Do you believe in miracles?"
YEEESSSSSSSS!
do we have any choice?
So who else got the "hockey stick/Al Michaels 1980 'Do you believe in Miracles'" reference?
The biggest miracle I see is that this thing didn't go tits up long ago.
Never believed in 'em, but there it is.
You don't need miracles. US GDP is defined by what you are told it is.
I'm retracting my comment. I'll leave it to the experts.
Put it in perspective
Things are getting better, but we still have moar work to do.
Signed,
Obomber
If only you believe....Jefferson Starship...
https://www.youtube.com/watch?v=Cj3W9rt3GTE
"Got a revolution ... got to revolution!" Jefferson AIRPLANE ....
https://www.youtube.com/watch?v=RiFinULU3eA
Ooops.
Will the FED have the guts to keep cutting QE?
Sure, if enough individual investors are "in" and Wall Street is "out".
Ass rape #3 in less than two decades: 2001, 2009, and then...2015?
When will they ever learn?
Rigged casino!
PONZI!
U.S.A.!
(NOT).
The Fed is not cutting QE. The Fed is not tapering QE. The Fed is printing like no tomorrow. The Fed is lying about tapering. If you don't believe the other lies, why believe this one. Evidence is everywhere. $16T printed and given secretly to Europe in 08 and 09 (google it). $134B in Treasurys sold to Belgium this year. No one else will buy them so why Belgium? What's the trade? The Fed will never stop printing until there is no Fed to print. The Fed has no other choice. It's that or the guillotine.
Please save this and repost as often as possible.
All total Belgium has bought $341 billion in US bonds.
http://blogs.marketwatch.com/thetell/2014/04/15/belgium-is-buying-up-ton...
They reduce bond purchases through the front door for all to see and increase bond purchases through the back door for no one to see. It's the only way they can keep rates low. The Fed is the only buyer.
Weather.
it ain't over till it's over
usa public debt > $17T
usa fudged gdp < $14T
#WINNING!!
Both?
#WINNING!!
God forbid the media has to admit there might be a recession? What would their daddy Government think?
Ker Plunk!
I don't know what to believe anymore, every other number seems to be faked or a market is rigged. I suppose the BLS could have some flies run around on graph paper with ink on their feet and produce something just as meaningful.
Mouche a merde
Finally, a chart that's not going exponential...well up in any case. /s
"North Korea releases list of U.S. ‘human rights abuses’: ‘The U.S. is a living hell’"
http://www.washingtonpost.com/blogs/worldviews/wp/2014/05/02/north-korea...
in the formerly real world one might pile money into bonds for a good old fashioned rally. today it means btfath.
The buck stops here - Ahh, gone...
I still believe in the miracle, because the ISM PMI rose in April which indicates an increase in GDP growth.
Hot Chocolate - I believe in miracles ... singsong https://www.youtube.com/watch?v=JIN36NweL6I
green shoots
If anybody wants to know why the long planned face-off with Russia is happening, one look at this chart explains why.
And even the red curve is a lie. Based on US energy consumption, which is negative, the US is dropping into a depression.
Dropping into......hahahaha good one mate
GDP info is very crude to useless. Having said that Shadowstats has GDP negative since 2001. Makes sense to me based on my own anecdotal observations.
The government number on GDP is very crude to useless. That should fix it.
If you think about it we're in a deflationary DEPRESSION-the only thing that keeps the economy afloat is massive infusions of QE4EVA.
Cannot end well.
I heard Mark Zandi Moody's chief economist and another macro economist speak this week. Zandi predicted 2.4% GDP growth, 3.0% housing price growth for the next few years. His economic predictions were based on the belief there were 11 million consumers with credit reports between 700 and 750 that will benefit from the reduction in credit standards and begin borrowing money for housing he also stated there were 1.15 million households that need to be formed as his ment up demand. He said if this happened the housing starts would increase from the current 1 million a year to 1.7 million in three years. The extra 700,000 housing starts would provide another 2 million jobs based on the loose figure of 3 new jobs for every extra house. The 2 million jobs would be enough to reduce the unemployment rate back to 5.5% or something close to full employment.
He did not mention the labor force participation, social security/medicare/entitlements, budget deficits,asian slowing economies or chinese bubbles. He only mentioned the stock market in relation to how awesome it is doing. He mentioned QE as an aside and that the taper wil eventually lead to normalized interest rates in late 2015 2016.
The other guy predicted 3.0% GDP growth and housing prices to be 61% (not a typo, 61%, no really 61%)higher in 5 years nation wide. 2.4% this year and 13% the next and then more good times. Jobs were to add a little over 200,000 monthly. Again no discussion of anything of relevance. he did say that once the austerity measures work through they will stop being a drag on the economy.
I was astounded at how two credentialed macro economists can have such myopic views of the economy, and completely ignore the most relevant topics. Their views sounded like they came from their 2006 scripts.
Assuming they actually believe their own drivel, and this is not just a conspiracy to poison the well with a bunch of happy talk, I can not imagine how blind they general public is flying when they read headlines and hear these jokers masqurading as experts on tv.
http://www.youtube.com/watch?v=0a45z_HG3WU&feature=kp
Everything is beautiful.. Baby
It sure is to Mark Zandi Moody's chief economist! I'm not nearly as upbeat. Matter of fact I expect things to get down right UGLY.
Oh to the confident and suave television and news commentators, politicians, and the experts that speak with such authority, I include the pundits and so called specialist, to you I say, I'm skeptical and dubious. Even when you mask your bias and your agenda is hidden, I must often remind myself that, you don't know that.
It is often not the message you put out, but how you project it. I can see you now, your head a bobbing and your arms moving all around, you state your case with such brilliance and force that often we are swept away! The following rant is in reference to all the pundits and so called experts, about all the words that spew from their mouths, about the reams of material they write, and the large quantity of often misstated facts they put forth. It seems they never shut up!
http://brucewilds.blogspot.com/2012/03/you-dont-know-that.html
Yes it is about charts and computer driven lust! Damn the reports of ebbing growth and problems across the world, FULL SPEED AHEAD! Leap before you look! Do not wonder if we have become to complacent to the dangers before us as asked in the following article.
http://brucewilds.blogspot.com/2014/01/have-we-been-lulled-into-complace...
Maybe i am just slow.. but did we not recalculate how the GDP number is calculate. I thought we now counted all the nonsense stuff America produces: copyrights on Rap songs, brillance of social media, selling are third-rate movies to third world countries.
If we gamed the number only to came out at .1 percent annual growth, are we not the Schleprocks of the economic community?
The economy imho is smoothly landing into a negative growth region. What this means is that Q2 GDP will rebound due to regression of the mean. At that point everybody in the MSM will say that we are starting the recovery. When in reality they are just observing regression to the mean noise in GDP. The trajectory is set and unavoidable due to:
1. Demographic changes
2. Globalization bringing competitive forces of
A. Labor
B. Health care and social services
C. Lower regulatory costs and environmental costs
3. Lack of resolution of overleveraged companies and governments
4. QEs preventing the resolution of structural problems both political and physical
5. Destruction of market discovery of prices by overt manipulation of the CBs
6. Technological advances that make most unskilled non-service labor irrelevant