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Explain...
Chart: Bloomberg
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oooooh aaaahhhhh ...looks like a fireworks shell exploding.
We fucked some folks who were short.
We fucked over some Commodity Investors...
The Dickhead Syndrome
Morons should have realized that oil was in bubble mode for the last 5 years... a commodity goes at around $20 a barrel for nearly half a century and these geniuses thought that $110 a barrel was sustainable? Idiocracy.
notice how stock charts are lining up favorably with weather charts?
https://www.youtube.com/watch?v=djItGln6IxY
How come the above chart doesn't use the color black?
Holder is still in office.
green shoots.
We created some folks
The masses use the gasses, so if they be buying Wal-Mart stuff and iPhones, then no money left for driving, and if not having to work, but can collect government check, then no more driving to work.... and voila, we have gas surplus, (plus the usual manipulation by the traders to foil Russia)
If there is no money to buy gas, then no money to buy stawks, except for the central banks. And fuggetabout the car payments too.
I needed somthing at Wal-Mart the other day, crowded it was. I think we all, except the wife, know why I came home and cried!
Pretty soon that low crude line will be pulling down the S&P line
I bought some SPY puts at $207.82. It's time.
I also bought some JDST last week. Sorry, gold bulls.
Serious deflation may lie ahead. I'll keep my gold but I won't be surprised to see $900 before we see $2000.
Silver getting crushed today down 4%.
Turkeys have heart attacks. When the Air Force was conducting test runs and breaking the sound barrier, fields of turkeys would drop dead.
They also drown...in heavy rains they panic and hold their heads up with open beaks and drown....
Explain? Fed buying ES, DOW futures and ETFs.
Everything else screaming recession.
It takes time for the important people to exit their positions. Once they give the all clear the mysterious buyer with the large futures positions can stop pumping.
and yet the sheeps were at it this morning wth black friday
One can buy more food and TeeVees this year with S&P 500s than last year.
How do I get a job getting paid in S&P 500s?
Am American, not US subject.
And Bullard said, "Let tightening fears be light," and it was light. And it was good...for a while.
So who really owns the New York Stock Exchange?
two dudes named Jamie and Lloyd.
Goldman Sachs.
Explain? Douche Bank, RBS. Bank of America, Citi Bank and a myraid of others are all still going concerns.
Still too big to fail
...but I own lots of long-dated XLF puts, just in case.... :)
I'm doing my Black Friday shopping http://finviz.com/futures_charts.ashx?t=SI&p=d1
Bring on the collapse....!!!!
Dow 50,000 for Federal Reserve Quantitative Easing. This is not about a market. This about creating a Venus Project agenda.
Zimbabwe economics and bust. A race for the dollar to 0.
Eventually the BIG money will have to chose between safety/consumption and some risk and true wealth, commodities and their figurehead, Gold. As the mid-east becomes less important, the military so becomes, as the US public has been made fearful of that situation for years. Back to Communiism, which super wealth breeds life into. even Russia is no longer in that fold, thanks to the nationalist Putin. Venzuela and Cuba are the West's breeding grounds and they have health care and crude oil to support their Socialist tendancies, even if there is a shortage of tiolet paper, a necessity of civilized life. Will Brazil fill that need as they are no longer dominated by US policy and have lots of wood and other natural resources to develop instead of oil. Hey, check the price of frozen orange juice.
Central banks must keep shorting PM's. If they allowed gold to rise it would reveal reality.
Alibaba Massive Fraud
Unrelated, but I believe highly important none the less. We have some smart people on ZH and curious if anyone else has heard or read about this. I am hoping someone that has the time and resources can look in to this and do some homework.
I was listening to The John Batchelor Show one night about a week or so again. He is on the radio and can be found online. Incredibly well versed on many international topics and world history. I highly recommend you tune in to him when you have a chance.
In any event, he had three guests (from China) on and the discussion was surrounding a massive fraud at Alibaba. The story goes something like this. Alibaba is a marketplace and they collect a fee on each purchase from merchandisers that operate via their website. Alibaba understands net profits and margins are of little concern to Wall Street, but growth in revenues and now we are talking. Many multiples for "growth" in a global economy that is barely creeping along. So, Alibaba hires a network of thousands to simply buy and return products all day. If Alibaba held inventory this fraud would be somewhat more difficult to pull off, but with thousands of businesses connected to Alibaba it is very easy to hide the costs of labor and returns in underlying (most likely very closely held) companies. Afterall, billions of $'s in stock price appreciation will pay a lot of people to sit on a computer all day and buy and return stuff on their website.
This is massive securities fraud and according to the guests, the scheme is "well known" in China. Besides the financial statement fraud, one would have to wonder what type of due diligence was done by the investment bankers that brought Alibaba to market?
I don't know about you, but I think this could be a watershed Enron-like, Madoff-like story.
I love Batchelor's program, the guy digs up items you won't see anywhere else. He's about the only guy on radio that actually reads the book before having the author on to interview.
Alibaba a fraud? We've seen a hell of a lot of outright frauds out of China, why should this one be any different? I wouldn't doubt it.
Wasn't there a guy in Hong Kong who was making a great living out of "outing" Chinese corporate frauds?
Explain. No Fed governors resigned in protest yet! No even non-voting. clan protects clan until revolution but that won't happen w/ 50mil sheeple on foodstamps?
"Explain..."
FED.
Fraud, Waste & Abuse... Federal Budget is a Give away
Corporate Welfare, Corporate Subsidies, Prime Dealer Monopolies, Wall Street monopolies, Charters to Create Money, Unlimited Money out of thin air, JP Morgan's EBT Contract
- Regulation Capture, Courts Capture, Health Care Capture, Education Capture
- Swinging Doors to Industry
- Decapitalization of Industry
- War is a Racket, MIC is a Business which includes Telephone, Computer, Internet Company Contracts
- $18 Trillion US Federal Debt, Exponential Executive Compensation Increases even in Government
- ECON PROF: No Such Thing as American Dream...
- 'America has no higher rate of social mobility than medieval England'...
- PONZI: Treasury Issues $1T in New Debt in 8 Weeks -- To Pay Old Debt...
In return we get no political interest in US Jobs or Job Compensation, let alone the unemployed, jobs outsourced, jobs off-shored to Slave Labor, Open Borders to drive down US Labor Rates
But you don't even have to dig into your EBT card or any of that stuff to get a brand new car of your choice, no money down, no ceredit check, nothing and no payments for a year plus the 13th, ancd 14 payments you can miss till they take it away (If you haven't taken out the GPS they can locate you with.
A free car for almost a year and a half, life is good. Nothing wrong with this economy, I wonder if the same dealer will then give you another free car? Why not, he's making money on the deal courtesy of the Taxpayer if you look up the details.