• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Fed's Mission Accomplished

Tyler Durden's picture


Looks like the herd has turned... (most hated rally?)

Source: Gallup

h/t @insidegame

*  *  *

The question is - now that the public has bought back into the casino... which way do the big boys want the market to go? Remember this...


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Mon, 08/25/2014 - 18:34 | 5142398 Rican
Rican's picture

<< Buy gold / silver.

<< Buy guns / ammunition.

Mon, 08/25/2014 - 18:37 | 5142408 Jam Akin
Jam Akin's picture

All of the above

Mon, 08/25/2014 - 18:40 | 5142419 Looney
Looney's picture

The Trickle-DOWN SYNDROME  ;-)


Mon, 08/25/2014 - 18:52 | 5142451 nope-1004
nope-1004's picture

Soon to be Tricked-&-Drowned Syndrome.  Faith in the USD and its rigged markets is total insanity and a financial death wish, as other nations see the bullshit and are preparing the next economic system without the arrogant, entitled, privileged reserve.



Mon, 08/25/2014 - 18:56 | 5142476 bunzbunzbunz
bunzbunzbunz's picture

...That's a pretty ignorant statement. Faith in the USD and markets is exactly what makes the USD and markets work. So to not have faith in them while still relying on them is far more insane. Now if you are completely self sufficient, feel free to burn or give me all your USD.

What exactly should I have faith in sir? One of an assortment of metals with little intrinsic value? And an intrinsic value the varies enormously with technilogical developments at that.

Mon, 08/25/2014 - 19:07 | 5142507 Rican
Rican's picture

One is scarce and finite and the other can be produced at the whim of a few powerful elite. What's faith got to do with it, other than perpetuating the illusion?

Mon, 08/25/2014 - 19:13 | 5142527 wee-weed up
wee-weed up's picture

With the Obozo Admin it's not trickle-down anything...
It's trickle-up poverty.

Mon, 08/25/2014 - 20:27 | 5142800 max2205
max2205's picture

10 k into hookers and blow.

Mon, 08/25/2014 - 20:48 | 5142874 Gaius Frakkin' ...
Gaius Frakkin&#039; Baltar's picture

Most would put an extra $10k into the stawk market you say? Well... that's probably why they don't have an extra $10k to begin with.

Mon, 08/25/2014 - 22:00 | 5143167 Equality 7-25-1
Equality 7-25-1's picture

If you invest the 10k in blow the hookers are free. Until you run out.

Tue, 08/26/2014 - 10:09 | 5144474 ThirteenthFloor
ThirteenthFloor's picture

MAX > why not..."fire all your guns at once and explode into space", "better to burn out than fade away", "champagne supernova in the sky"

Hey baby boomers, Ya think DOW can beat INFLATION in the road race to HELL !

Mon, 08/25/2014 - 19:24 | 5142571 boattrash
boattrash's picture

Bunz, check back in with us in a couple of years (at most).

Meantime, buckle-up, it could get bumpy during the fleecing...

Mon, 08/25/2014 - 19:35 | 5142618 LooseLee
LooseLee's picture

No, sir. Have faith in the PINKO COMMIE FASCISTS that you blindly follow.....

Tue, 08/26/2014 - 10:15 | 5144660 ThirteenthFloor
ThirteenthFloor's picture

QE = viagra, WALL STREET = flacid dick, PHARMACY = DC, FORMULA = FASCISM


Mon, 08/25/2014 - 18:53 | 5142463 Mr Pink
Mr Pink's picture

I would buy silver. That would explain why I am poor

Mon, 08/25/2014 - 19:14 | 5142531 HelluvaEngineer
HelluvaEngineer's picture

No one suggested night vision?  Not even that horseman guy?  I guess his FN has Aimbot.

Mon, 08/25/2014 - 20:00 | 5142704 Overfed
Overfed's picture

I've kinda had my heart set on either a small tractor with a backhoe or a mini-excavator.  Either would be a good investment of $10K if one had a use for them. Pre-owned, of course.

Mon, 08/25/2014 - 20:09 | 5142734 HelluvaEngineer
HelluvaEngineer's picture

Always good.  They do hold their value, so you are better off with something rather than nothing.  I have a 2wd Kubota almost as old as me and I promise you it will do a lot of work.  It has no front end loader, but I can pull tree stumps, mow, move dirt, use a carry-all, and tow a trailer.  I have a tail bucket that I used to make my Hugelkultur mounds this year.  All that and I use about 6 gallons a season.

Mon, 08/25/2014 - 20:59 | 5142918 Overfed
Overfed's picture

I actually have a little Kubota, too. Has a front end loader, but it's a bit small for a backhoe. Night vision, or even better, thermal imaging could also prove useful someday, but equipment has more practical and immediate uses.

Say......where do I get this extra $10K anyway?

Tue, 08/26/2014 - 00:09 | 5143636 Creepy A. Cracker
Creepy A. Cracker's picture

1976 Ford 3600 that I got for $300.  The owner (grandson of the owner who passed away, actually) thought that the block was cracked.  It was just a freeze plug that popped out in the cylinder head under the valve cover.  It is an awesome machine.  With the right attachments, and there are a lot of them, it can do almost anything.

Tue, 08/26/2014 - 01:14 | 5143746 Overfed
Overfed's picture

Ford used to build some seriously good tractors and backhoes.

Tue, 08/26/2014 - 08:55 | 5144303 ThirteenthFloor
ThirteenthFloor's picture

Pink > only till the fad of paper money and stock cert's fade.  There are a lot of folks with a monster mortgage, leased mercedes and stock that think they are rich.  Things can change overnight.

Mon, 08/25/2014 - 18:53 | 5142466 crazytechnician
crazytechnician's picture

Buy bitcoin.

Tue, 08/26/2014 - 09:01 | 5144323 ThirteenthFloor
ThirteenthFloor's picture

can I get that bitcoin with battery backup ?

I find it ironic that gold is one of the best conductors of electricity and bitcoin one of the the biggest users of electricity

Tue, 08/26/2014 - 08:40 | 5144261 manich
manich's picture

<< Buy both

Mon, 08/25/2014 - 18:36 | 5142407 Bam_Man
Bam_Man's picture

And now ready for slaughter.

Mon, 08/25/2014 - 18:43 | 5142421 Hongcha
Hongcha's picture

They clearly set out to break the public's taste for gold, in favor of their dollars and their stocks.

This is akin to how they work on the public's mind to discourage, say, cannabis in favor of synthetic prescription drugs ... and then additional prescription drugs to counter the side effects of the first set of prescription drugs.  Or natural foods in favor of their synthetics.  I could go on and on but I know I am preaching to the choir.

The public is viewed as a tax farm and individuals merely as units of taxable energy.  Could not be clearer.

Could any more efficient Hell be manufactured ?  Well, I guess we shall see.  

The former United States is a now a majority of broken animals.  Only firearms are saving the holdouts from total loss.

Mon, 08/25/2014 - 19:20 | 5142553 jez
jez's picture

If I may say so, Hongcha, the term "side effects" which you yourself use is another example of "how they work on the public's mind".

It's a clever term, the purpose of which is to encourage you to ignore something important.

If you take a drug to alleviate Condition A, successfully, but if that drug helps bring about harmful Conditions B and C, those are called "side effects". They are not side effects. They are effects.

Mon, 08/25/2014 - 18:39 | 5142422 Creepy A. Cracker
Creepy A. Cracker's picture

Buy two acres of active farm land.

Mon, 08/25/2014 - 18:42 | 5142436 1stepcloser
1stepcloser's picture

whom here in this day and age is smart enough to farm

Mon, 08/25/2014 - 19:30 | 5142601 mygameon
mygameon's picture

I am. Totally into permaculture. Start with hugelkultur technique. Need way less than an acre to feed a family of four with veggies for a year. Oh yeah, heirloom seeds and g&a are a good idea.

Mon, 08/25/2014 - 19:31 | 5142610 drink or die
drink or die's picture

Is it like Farmville?  

Mon, 08/25/2014 - 18:43 | 5142434 Cangaroo.TNT
Cangaroo.TNT's picture

A similar question was asked to investment bankers:


Q: A new client comes to you with $10,000 to invest.  What do you do?

A: 100% Sell them $2,000 worth of MBS crap for $10,000 and spend the proceeds on hookers and blow.

Mon, 08/25/2014 - 18:45 | 5142443 alexcojones
alexcojones's picture

Always Buy High -

And Hope for Sky High !!

SheepLe Investing Inc

Mon, 08/25/2014 - 18:46 | 5142445 Conax
Conax's picture

Retailing to the muppets is all they have left.  They're jittery out there.

September's almost here you rat bastards.  If September doesn't bring it,  October will.

Mon, 08/25/2014 - 18:49 | 5142455 bunzbunzbunz
bunzbunzbunz's picture

And if not October, November gorsh darn it.

Mon, 08/25/2014 - 18:49 | 5142453 divedivedive
divedivedive's picture

Looks a little like a map of the US.

Mon, 08/25/2014 - 19:32 | 5142612 Ginsengbull
Ginsengbull's picture

Maybe future map, with no Texas.

Mon, 08/25/2014 - 18:57 | 5142477 NOTaREALmerican
NOTaREALmerican's picture

DowBuck over 17k, and rising.    Buy allot of gas with a DowBuck.

Mon, 08/25/2014 - 19:00 | 5142482 logicalman
logicalman's picture

$7,000 metal

$3,000 non perishables and useful tools.

Mon, 08/25/2014 - 19:34 | 5142616 klockwerks
klockwerks's picture

Must have both to survive

Mon, 08/25/2014 - 20:29 | 5142814 logicalman
logicalman's picture

Might be better reversed, who knows, but, yes, one or the other is good, but both will likely work out better.

I'm just wondering where the down arrow came from. Don't care, just find it odd.


Mon, 08/25/2014 - 21:25 | 5143023 toady
toady's picture

Best to have all tools, food, ammo, land, survival stuff taken care of first, before any metals speculation.

Mon, 08/25/2014 - 18:59 | 5142483 andrewp111
andrewp111's picture

41% is not high enough yet. When it reaches 91% we will be in real mania territory. That is when the sheep get sheared.

Mon, 08/25/2014 - 19:00 | 5142484 khakuda
khakuda's picture

Senator: Chairwoman Yellen, isn't it time to raise rates?

Yellen: Oh, Senator, we're all friends here. You can call me Bubbles.

Mon, 08/25/2014 - 19:02 | 5142485 Duc888
Duc888's picture



1stepcloser: "whom here in this day and age is smart enough to farm"


Never thought I'd see the day when two medium sized green bell peppers sold for $1.89.


Iflation is tamed though (rayt?)

Bread was a nickel a loaf in 1925.

Mon, 08/25/2014 - 19:07 | 5142502 NOTaREALmerican
NOTaREALmerican's picture

Sure, but think of how much better each loaf of bread is now-a-days.   That's tough to factor in when discussing inflation. 

Mon, 08/25/2014 - 19:51 | 5142673 armageddon addahere
armageddon addahere's picture

Apples $5.97 for a 3 pound bag in the No Frills supermarket here in apple growing country. I shit you not.

Mon, 08/25/2014 - 20:34 | 5142831 logicalman
logicalman's picture

My dad's cousin was a farmer. Spent a lot of time there.

I've lived, for a while, in a farming community.

First years would be touch and go, but I learn fast.

Might have to augment with a bit of hunting, but I'm decent with a bow.

Whatever happens, I'll be dead one day.

Today was OK, Yesterday was a great day, close to perfect.


Who knows.

Mon, 08/25/2014 - 19:11 | 5142518 jez
jez's picture

A somewhat distorted survey, I would have said (if anyone had asked me).

There ought to be a fifth option: "Buy even more fast food, sugary drinks and other consumer crap that I don't need".

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