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The Stock Market Is Disappearing In One Giant Leveraged Buyout

Tyler Durden's picture




 

Submitted by Daniel Drew of Dark Bid

 The Stock Market Is Disappearing In One Giant Leveraged Buyout

It's easy to find critics and doomsayers who predict that the next stock market crash is just around the corner. They could be right, but another possibility is that the stock market itself will disappear entirely.

Anyone who is familiar with mergers and acquisitions knows what happens when a company is being slowly acquired. The price climbs higher, slowly yet relentlessly. Liquidity evaporates as offers are lifted. If the price moves up too quickly, buy programs are canceled. The buyer waits until the froth dies down a little before resuming purchases. Eventually, the bids reappear, and the process continues. Once the buyer acquires 5% of the company, a legal requirement is triggered: the SEC requires the buyer to file Schedule 13D, otherwise known as a "beneficial ownership report." Once this report is filed, everyone can see the buyer, and the stock price will usually jump.

This same process has been underway in the stock market over the last 6 years. The market is up well over 200%. Liquidity has evaporated in the S&P 500 futures market, and the central banks themselves are buying S&P 500 futures. Companies are spending nearly all of their profits on stock buybacks. Just recently, Wendy's announced they would buy back half of their stock.

All of this activity harms employees. William Lazonick discussed the negative effects in a Harvard Business Review article called "Profits Without Prosperity." According to Lazonick, the American economy has transformed from a system of value creation to one of value extraction. He explained,

From the end of World War II until the late 1970s, a retain-and-reinvest approach to resource allocation prevailed at major U.S. corporations. They retained earnings and reinvested them in increasing their capabilities, first and foremost in the employees who helped make firms more competitive. They provided workers with higher incomes and greater job security, thus contributing to equitable, stable economic growth - what I call "sustainable prosperity."

This pattern began to break down in the late 1970s, giving way to a downsize-and-distribute regime of reducing costs and then distributing the freed-up cash to financial interests, particularly shareholders. By favoring value extraction over value creation, this approach has contributed to employment instability and income inequality.

The private takeover of the stock market is also apparent in the IPO market, or lack thereof. Rett Wallace said in Forbes,

U.S. technology companies have already raised more money this year in the private market than in the public market in all of 2014 (excluding Alibaba's nearly $22 billion IPO, which is by any definition an outlier). The 25 tech IPOs in 2014 (again excluding Alibaba) raised a total of $6.5 billion, less than the $7.8 billion already raised privately by US tech companies this year.

This is the end game of unfettered capitalism. The signs are all here. When you cast aside reasonable restraints, the unscrupulous among us will rise to the top and exploit everyone else. What we have left is a new American feudalism where CEOs move around like a pack of ruthless Somalian warlords. Riding behind the banner of efficiency, they replace employees with robots, outsource their work to foreigners and tell their employees to train their own replacements, and collude with hedge fund managers to strip companies of their most valuable assets to temporarily boost the stock price.

As if all this weren't enough, now they are buying the entire stock market with money provided by the Federal Reserve's quantitative easing policies. This is essentially the largest leveraged buyout in history, and it's being paid for by every American. If the IPO market continues to dry up and companies maintain their buybacks, eventually, they will run out of stock to buy, and the market will disappear.

In a country without public markets, corporate fiefdoms will dominate the landscape. Instead of actual castles and moats, fiefdoms will have legal barriers to protect them, like low minimum wages, tax loopholes, and regulatory capture. Warren Buffett always said he likes businesses with "economic moats." Just imagine how much he would like the moats of the new American feudalism.

The company that best epitomizes the increasing privatization of capital is Uber. With absurd valuations in the private market as high as $50 billion, the company already has a substantial fiefdom. One day in the future, when the private takeover of all public markets is complete, you will see a propaganda poster on the subway that says, "We are all Uber drivers now!"

 

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Fri, 06/05/2015 - 08:12 | 6166065 BoredRoom
BoredRoom's picture

Bush's fault?

Fri, 06/05/2015 - 08:15 | 6166076 Ying-Yang
Ying-Yang's picture

Sorry for my topic change.

I need some serious advice from my brothers at ZH. I have been a member of ZH for 5 years and 4 weeks. February 20th I was diagnosed with metastasized Duodenal Adenocarcinoma otherwise known as cancer of the ampulla of Vater. This is a rare cancer that has no cure. I am 63 years old and have been through the first series of chemo. My sister and I have POAs to manage the assets of our 92 year old mother valued at 900k.

I will not be around too much longer and have been getting my ducks in a row to setup my wife for the transition.

My sister and I want to quickly convert 900k into cash. The 900k is in 2 banks and is made up of cash, stocks, bonds, treasuries and gold. The stocks have appreciated very well since 2008 and we will have capital gains in 2015 when the stocks are sold.

I am having estimated 2015 taxes worked up so we will know what this will be.

We want to convert all 900k to cash and physical gold ASAP. We will reserve cash for estimated taxes on 900k for 2015.

My questions are:

Once we have converted to all cash what is the cash to physical gold we should have after 2015 estimated taxes are set aside?

Where should the cash be parked?

How and where should I buy the gold?

Where should the gold be held?

My goal is to protect the 900k against deflation or inflation and we know we won’t have the return on investment we have currently but know we have to do this ASAP.

ZH brothers I need your advice!

Ying-Yang

Fri, 06/05/2015 - 08:32 | 6166092 XAU XAG
XAU XAG's picture

Ying-Yang

50%

I would buy Silver bars (Less margin costs) and swap to gold when GSR is lower.

And swap back and forth again and again and again

 

50% 

Stocks........long term they will go nuts when money flows to the $ as is what is happening.

Every time you have made a 100% gain in stocks convert proffit useing the GSR to decide Gold / silver.

 

Not in USA so cannot advise on other questions

Fri, 06/05/2015 - 08:39 | 6166136 NoDebt
NoDebt's picture

Ying-Yang:  Watch the tax side of what you're doing.  Stocks and other assets that have "apprecated nicely" you (your Mom) will have to pay capital gains (in this case, fortunately, at long term rates) on any gains.  

What you need more than anything right now is TAX and LEGAL advice.  Financial advice can wait.  Yes, you will pay for this advice, but it is money well spent.  You need to know the tax implications of what you're planning to do (and suggestions on possible alternatives).  And you may need some legal help because I forsee a trust being set up in you/your Mom's near future for multiple reasons including your health situation and for reasons of who will be the beneficiaries of your mother's estate (you don't want per stirpes in your case since you mother might outlive you).

This isn't fun stuff to talk about, and I'm very sorry to hear about this happening to you, but the investment side of this is far less important right now than the control side.

Fri, 06/05/2015 - 08:46 | 6166189 Took Red Pill
Took Red Pill's picture

YingYang. So sorry to hear of your health problems. We have enjoyed your posts throughout the years. You shouldn't be worrying about this financial stuff. I think No Debt is right. Hire someone to handle it for you. Best to you and your family!

Fri, 06/05/2015 - 09:06 | 6166258 Ying-Yang
Ying-Yang's picture

Thanks for the advice!

My sister has POA and is ontop of the management side, Instead of me.

Our CPA,  Estate Planner and Lawyer are working on investments and tax liability so we are covered there. Our current asset investment people are being asked to forcast Mom's needs for 10 years, which puts her out to 102.

Mom may outlive me but most likely not my sister.

I need your advice to counter our own people and we wanted your take to counter balance what we are being told. That being said, we are not looking for returns but to be all in on gold and cash

In any case we will convert to cash and sit out the swings from here on out.

Thanks All

 

Fri, 06/05/2015 - 09:33 | 6166333 NoDebt
NoDebt's picture

You're going to battle with your own investment advisor?  Maybe get a new advisor.  It's your/your Mom's money.  They will NEVER advise an all cash and gold portfolio for a million different reasons.  If that's what you want you're going to have to listen to their plan, then tell them NO, then ORDER them to do what you want.  It's the investment advisory equivalent to checking yourself out of the hospital AMA (Against Medical Advice).

Beware if they downshift into trying to sell you an annuity.  That's a common tactic when a client says "I want no possibility of losses".  

If you are working from wills/trusts that may have been set up before your illness, HAVE THEM REVIEWED THOROUGHLY.  Many documents have holes and gaps in their language or simply don't address certains situations like you currently find yourself in.  For instance, many simple documents simply say "Upon my death...... to my children".  If you predecease your Mother, guss what?  YOU AREN'T HER CHILD ANY MORE for purposes of that document and YOUR side of the family may get zip.  It sounds like you're already getting help in this area, but I worry when I hear things like "my sister handles that side of things".  She may handle it, but it's still your responsibility to review it thoroughly, not just a throw a copy of the documents in your fire box.

By the way, $900K is a lot of cash.  You're going to have to spread it around at more than two banks to stay under the FDIC insured deposit cap of $250K.  Remember that FDIC insurance is PER PERSON, NOT PER ACCOUNT.

Do NOT even think about a suitcase full of $100 bills stashed away in the basement.  You can hold some physical gold, but don't imagine gold bars stacked up under the basement staricase, either.  This sort of stuff is not what you need right now.

Fri, 06/05/2015 - 10:35 | 6166585 Ying-Yang
Ying-Yang's picture

Yes I agree with what you say and we have most all info we need.

Again... trusts and most all you mention we have professional help and we have been getting this for the last 15 years.

What I am reaching out for is the cash to gold ratio only!

Thank Mucho!

Fri, 06/05/2015 - 11:28 | 6166709 Pinto Currency
Pinto Currency's picture

 

 

"unfettered capitalism" ?

The economy is a central banking debt-based fiat money nightmare which was created by a gang of pirates in 1913.

Fri, 06/05/2015 - 12:52 | 6167059 tmosley
tmosley's picture

"This is the end game of unfettered capitalism."

Fuck you Daniel.

Sat, 06/06/2015 - 00:24 | 6168645 cookie nookie
cookie nookie's picture

I met her while walking through the watermellon patch.  The grapes were delicious.  Would you cook me some spaghetti?  Thanks.

Sat, 06/06/2015 - 03:32 | 6168745 COSMOS
COSMOS's picture

Ying our prayers are with you and we pray that your prayers are answered.

Fri, 06/05/2015 - 11:24 | 6166766 NoDebt
NoDebt's picture

Dealing with large quantities of physical gold is a pain in the ass, and not costless.  Gold ETFs and trusts just creep me out, but there is that option.  You and your Mom have short to medium term needs (10 year horizon).  That means mostly cash if gold is the only other option on the table.  Would be irresponisble to put an exact ratio on it, not knowing more about your situation, but maybe 75/25 just to get the conversation started.  For the cash side, think about building a CD "ladder" with a spread of maturities from short to long that still provide plenty of liquidity to hit her/your budget plan as the years go by.

Sat, 06/06/2015 - 02:55 | 6168727 Ying-Yang
Ying-Yang's picture

Thank you ND, this is what I was asking. We are on top of where we are and we have profited very well since 2008. From all I have learned over the years is the great information and advise ZH brothers share like you. I have always learned from you and others but often don't post comments myself unless someone trips my trigger... heh

God Bless you and I will be hanging around on ZH as long I as can!

Fri, 06/05/2015 - 12:25 | 6166974 willpoi
willpoi's picture

Buy a small farm and farm house with a basement, several liberty safes and fill them with you gold, silver and cash. use the ratio of 25% cash to 75% precious metals. Its much easier to convert PM's to cash than cash to gold. As the years tick by adjust your exposure in both.

Fri, 06/05/2015 - 13:19 | 6167159 Jack Burton
Jack Burton's picture

That is the news we all fear to hear! Best of luck with what you make of the coming days. As for finances, it is good you have a nest egg to work with. In this case, professional help is a must. But then who to trust? Asking around your circle of frineds, like here at ZH is a good first start.

I know my day is coming like all of us. I made my plans well ahead of time and they sit in a lawyers office and in my safe deposit box. Every asset accounted for, every step planned. Everyone should do it, I did it when I hit 55. I sleep better now, knowing my daughters are taken care of.

My fear is health care costs in my final year. That is something I will have to make hard choices about when time comes.

Best of luck, sorry it came to this for you.

Sat, 06/06/2015 - 03:32 | 6168743 Ying-Yang
Ying-Yang's picture

Thank you Jack. Very sound advice. Personally I done most everything you have awhile back. Rest aasured I am okay. Mom's estate has done very well and we are happy the investment firms' performance siince 2008.

I trust my instincts. I am the poster child for Obamacare. I switched to a platinum plan from a major medical as I knew my body was changing before my cancer was detected. The biopsy itself took care of the $150 deductable and $1,500 annual cap. so I am golden as they tell me for only $704 a month.

To extend my time the the chemo is very expensive. Please play the medical system to your best advantage. Knowing what I know your fear is well placed. My Whipple Resection in 2012 was in excess $500,000. Premiums for all of us next year may be 40%-50% higher.

My instincts are telling me to duck and cover soon.

I will be here on ZH and thank you for your advice my friend.

 

 

Sat, 06/06/2015 - 06:44 | 6168838 winchester
winchester's picture

fuck taxes, make total isolation from others familly member for money, make it cash outside of anyform of system and tell familly where the loot is.

the system will not last  a decade anymore before serious shit happen, he could even see it by himself.

 

world will not pass 8 years of hitlary, considering the adjustment variable of u.s economy , the euro, which is more than dancing gasoline wet above a fire camp.

Fri, 06/05/2015 - 08:28 | 6166104 Arnold
Arnold's picture

Fee based broker and Broad Financial just as suggestions.

 

I used them but that means shinola.

 

No more paper is still the dream and goal for many of us.

Fri, 06/05/2015 - 08:25 | 6166110 agstacks
agstacks's picture

Sorry to hear, Ying Yang.

If this is the path you'd like to take, perhaps start with Peter Schiff's gold company?

http://www.europac.com/Precious_Metals_Investment_Strategies_1

 

Best of luck to your family.

 

Sat, 06/06/2015 - 03:35 | 6168748 Ying-Yang
Ying-Yang's picture

I am a big Peter fan... heh heh. That doesn't read well does it?

That aside, thank you for the link, I will follow it.

Take care Mi Amigo!

Fri, 06/05/2015 - 08:29 | 6166122 LawsofPhysics
LawsofPhysics's picture

10-20% in silver would be fair, but I would store in a safe in your possession.

You alos need to thin about tax shelters and productive real assets, for example, high end rental properties that

can be contract-managed for a reasonable cost.  If done correctly your sister/wife can oversee these real assets and collect the rent with ease. 

You should most definitely be concerned about preservation of existing wealth and a return of this capital someday (money is not captial and visa versa) when your kids are older or need to go to college etc.

Be less concerned about the return on that capital...

the math is what it is, the tax man (or WWIII) is coming...

Sat, 06/06/2015 - 04:30 | 6168777 Ying-Yang
Ying-Yang's picture

Thanks LOP, preservation of the 900k is my goal. I am not looking for a return.

The move to cash is temporary, capital gains and taxes are easy-peasey to to determine.

Gold and silver assets are a no brainer.

To me the hard part is determining which assets will be the safest. My move will rebalance the mix as my instincts are screaming a tsunami will roll across the world soon to restructure all we have known!

ZH is a portal, bringing together an ecletic group of the brightest people I know. The Tylers and members of The Brotherhood of Zero Hedge continue to awaken more of the huddled masses to fight against the immoral control being implemented by TPTB.

I compare ZH to the Order of the Knights Templar. Fierce, battle tested and fighting for what they believe in while evolving to develop financial systems to prosper.

Seriously, where is there a better portal to learn from specialists, debate and argue with the brightest people in the world. I always test my beliefs and the brothers here temper my emotions?

Heh, we don't talk about the fight club but it is the best last bastion of wisdom that perhaps will be the the vanguard of a movement to fight against the global oppression coming to us all very soon.

LOP, I love you like a brother.

Fri, 06/05/2015 - 08:32 | 6166130 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Dude, don't cash all that out. Seriously.

Cash is too easy to hyperinflate away and gold will be one of the first assets to be confiscated when things get too bad for the bad guys to ignore. Then what will your wife do? She's one police raid away from starving to death.

If you're worried about inflation, leave most if not all of the money in foreign stocks to hedge against the depreciation of USD. That's how the big boys survived the Weimar hyperinflation.

Fri, 06/05/2015 - 17:48 | 6167905 TungstenBars
TungstenBars's picture

If there is ever so much as a whiff of a chance that PM's may be confiscated, I would advise everyone to move them off of your property somewhere no-one could ever guess to look. 

Sat, 06/06/2015 - 07:01 | 6168848 winchester
winchester's picture

we are not longer 20 century... lets be realistic, you think a fucking second  govs will  ring the door to everybody asking by force "gimme gold" ? you fucking nuts or...?

i give it 3h before some shoot start in streets making it total civil war after 24h.... confiscation/ban is utterly bs and irrealistic as fuck.

 

the only thing that can be made is tell ppl " we buy your gold many cash " then hyper inflation ruin the money,  this is the only trap possible with PM.

the 2nd one is transforming money to digital, which is happening but it is a slow process, will be done with next child genertion raised in full digital world, will take 20 years, and this have a serious problem for corruption : you are traced, so, not gonna happen before a looooooong way.

 

as i said, remove all from system, make it as small split possible to use it as money, ( you will not buy food, toilet paper or any stuff you need with a gold bar, lets use your brain.... )

so small silver coin in 1st proportion, then you increase value of pm form counter-proportionally to the size reduction, like poker chips, many 1$, few 1000$

 

when this stage is reached, taxes and this kind of consideration are the last you have to get in mind because they simply do not apply anymore,then it's an hide n seek game  with hidden loot, scavange and sealth.

 

at this time will personally not invest in pm, but in bulletproof jacket and a px4 sd.

 

 

 

 

Fri, 06/05/2015 - 08:37 | 6166150 BeaverCream
BeaverCream's picture

Sucks but whatever you do...take a nice chunk and have some fun with it. 

Sat, 06/06/2015 - 04:48 | 6168785 Ying-Yang
Ying-Yang's picture

Heh, I am good, great life. As I am winding down this current roller coaster I am preparing for my next adventure.

We don't just go poof and that's it.

I believe we are here on earth to love and learn all we can! Doing so in a cauldren of 7 deadly sins:

wrath, greed, sloth, pride, lust, envy, and gluttony

Each is a form of Idolatry-of-Self wherein the subjective reigns over the objective.

I hope to see you on the other side bro.

Fri, 06/05/2015 - 08:42 | 6166151 PrimalScream
PrimalScream's picture

SOME QUICK BUT IMPORTANT ADVICE

1.  Be EXTREMELY careful with your conversion of cash to gold.  There are many "gold brokers" out there, and even people who call themselves "Mints".  IN REALITY, they do NOT have large stockpiles of physical gold.  Some of these people have VERY LITTLE in the way of precious metal holdings.  The Web page they are showing to the public is a complete illusion.  UNDER NO CIRCUMSTANCES should you take a large amount of cash and give it to these people!  WARNING - DO NOT!!  Otherwise, they will fail to deliver your physical gold in a short period of time and you will find yourself with endless hassles and lawsuits.

2.  Before making any purchases, I would "test the water" with small purchases.  Verify that pysical metal is delivered on-time and that the gold you receive is trustworthy.  For example, Krugerands or Englehardt bars (my spelling may be bad).  SMALL PURCHASES to verify authenticity.  It is better to buy a from a few reputable sources.

3.  The advice from other people here is worth noting.  You might be better off speading your invesment over a RANGE of precious metals, including Gold-Silver-Platinum.  BUT EACH of these markets is its own unique market. PLEASE do your market research before investing. VERY IMPORTANT!

4.  Be aware that there are NO END of "Gold Advisors" who will make absurd claims about the direction of the market.  Unfortunately, this applies to some well-known people in the gold business as well.  "Gold" is a trade, just like everything else.  There are a lot of people "hawking" their wares.  I recommend you check the long-term charts (over decades), as well as short-term charts, before making any moves.

5.  Generally, Long-Term Prices are DECLINING for precious metals.  Therefore, BEWARE about buying into a market with declining values.  Never buy based on "hope".  Do not buy because some guy "has got a theory about the Ukraine, or the world's supply of gold".  Be careful and do your homework well.

Good Luck,

and very sorry about your illness.

Fri, 06/05/2015 - 14:09 | 6167323 JuliaS
JuliaS's picture

Metals markets are very different for gold silver and platinum. I've been researching all 3 for 15 years and literally nothing else and I keep a cool head about my investments. With every purchase or sale have the worst case plan: "What if I'm wrong". If dealing with a broker or an adviser ask them to their face what the plan is if they're wrong. Have an exit strategy. Spread out investments, don't put too many eggs into one basket and re-balance, re-balance, re-balance.

I dealt with one adviser in my life that stood out from the rest and he gained my trust immediately. The first phrase that came out of his mouth was: "Things will go wrong". No rainbow unicorn bullshit. Straight to the worst case scenario. He wasn't afraid to respond "I don't know" to subjects that were beyond his scope of knowledge. We sat down together and came up with a list of what if's. It was a one time consultation and the strategy lasted me a lifetime - a way of thinking as oppose to a sales pitch.

If you plan on traveling or leaving the country permanently, think of how that would affect investments.

Having a safe full of bars is great, until you decide to leave the country. Most countries have laws that make getting the money in real easy, but not getting the money out. You may often have to pick between liquidity and mobility. Prioritize values and be ready to re-prioritize. Markets turn on a dime as well as your personal life.

Shit happens. Be prepared.

Sat, 06/06/2015 - 05:04 | 6168792 Ying-Yang
Ying-Yang's picture

Outstanding advice... thank you!

I see gold as a compact store of wealth that is a hedge against fiat and manipulated assets. If one's goal is preservation of current value gold should perform well during the tsunami heading our way soon.

It has its own risks but has always stood the test of time. It is readily convertable to most assets and will always be a convertable store of wealth for most future outcomes. That being said, if people know you have it, you will be separated from it.

I understand all you mentioned and I tip my hat to you, brother.

Thank you for your wisdom!

Fri, 06/05/2015 - 18:38 | 6167994 RichardParker
RichardParker's picture

Primal:

Could not agree more. 

Tulving Company was a classic example of a retailer that would take your money then drag their feet or just not deliver the purchased metals.  Eventually they declared bankruptcy.

Fri, 06/05/2015 - 08:40 | 6166161 Nasdaq24
Nasdaq24's picture

This is off the topic and regarding your health. Though you may not be interested. But in any case.

TRY CANNABIS OIL !!.
It is said that it cures cancers miraculously. You have to take something like 2 to 3 cc of it a day. It is said that it cures cancers within 2 months time.

For financial advice, I am not an expert. But if I were in your place, I would use half to by Silver and Gold in the ratio of 50% for silver, 50% for Gold. I would bury them and leave them alone till the right time comes in. For the rest half, I would think about playing around with it. Perhaps buying a small place and renting it out. Hard assets would loose less value in the long run, in my opinion.

But in any case, I am not a financial expert / adviser.

In my view, all those who have been betting on gold and silver, don't have any idea when the great flip would come. Its just that they know that it is a mathematical certainty and it is not going to take a decade to do that. In their own minds it is even possible before the end of this year. But the way this game has been stretched for so long, makes it so uncertain that in order to sound reasnoably credible they keep shifting the goal post to the next 3 to 5 years, while they may themselves be expecting it possibly the next month. The bottom line is that none of us knows the future or atleast the exact time of the event.

 

Fri, 06/05/2015 - 10:41 | 6166612 Ying-Yang
Ying-Yang's picture

Yes I am on D3 protocal and am working on the CBC oil source. Self medicating with bud which really helps with chemo side effects which are pretty rough.

It really really helps... for pain, appetite, depression and so on. Just like Dr. Sanjay Gupta said when he had his turn-around.

Thanks Bro

Fri, 06/05/2015 - 11:09 | 6166717 jerry_theking_lawler
jerry_theking_lawler's picture

Been here about as long YY. Hate to hear this news but we will all cross this bridge eventually. It's been a blast learning about the real world with you guys. Please keep us posted on your progress and make certain to both enjoy the time you have left and prepare for your next chapter. Wishing you the best, the king. 

Sat, 06/06/2015 - 05:24 | 6168801 Ying-Yang
Ying-Yang's picture

Thanks Jerry, I like the way you think!

You and I could be brothers... chuckle.

Looking back I have enjoyed my entire life. All the good, the bad and the ugly. I am experiencing things most people don't know about and with my 63 years of life experiences I am learning about this chapter and curious about the the next.

I love you guys and I will bring to the table my take on this ride!

Cheers Brother!

 

Fri, 06/05/2015 - 08:49 | 6166211 highly debtful
highly debtful's picture

Others here know a lot more about financial stuff than I do, Ying-Yang. Personally, I believe in paid off real estate, very little cash and a modest amount of physical gold and silver in a 90%/10% ratio (just my two cents).

But in the first place, I simply wanted to wish you and your relatives as much peace of mind as possible in this ordeal. 

Sat, 06/06/2015 - 05:38 | 6168804 Ying-Yang
Ying-Yang's picture

Thanks HD, great wisdom. Yes I, and my family are at peace with my situation. My dad died suddenly with a heart attack. No talks, no relatives around just collapsed on the kitchen floor.

Heh, I am a talker and we are discussing things like we never have before. Quite remarkable and soul soothing. I have schooled my 3 sons, and grand kids the best I can. I made a point early on to teach them well and it shows.

As a grandfather, my wife and I have been the yin-yang in their lives to counter the parent's rookie status. Everything should be in balance to experience happiness and love.

I may expire soon or not but until then I will be here on ZH to share my thoughts. Right now "I am playing it forward" to leave some of me with all I meet. Funny how good that feels!

Thanks brother!

 

Fri, 06/05/2015 - 09:48 | 6166249 StackShinyStuff
StackShinyStuff's picture

Ying Yang

 

Here are my suggestions as I have a similar amount of "cash" to deal with, and you have to be practical to some extent.  Identify a couple of small LOCAL banks - Bankrate.com can help.  Put a hundy in each.  Open a Treasury Direct account and put a couple hundy there in bills (4week,3 and 6 month).  In one of the banks, get a safe deposit box and stash actual banknotes (maybe $50-100K).  Unless you have a safe answer at home, this will be the best place.  Now for gold.  Open a Goldmoney account and send them $100K.  Then you/your sister can start buying in increments or all at once.  At these prices it probably doesn't matter if you are willing to risk a 10-20% temporary slip in price.  But you also want to get some physical gold in your possession.  My option was Golddealer.com (California Numismatic).  In over 10 years of buying from them I am more than satisfied.  You can wire them money to "prefund" an account and then buy at your leisure.  They will ship to your door free of charge.  For one oz. bullion they are usually in to 4-5% range on premium.  They also do silver, which some others have suggested and is probably not a bad idea, just a little bulkier.  Save the rest for any taxes.

 

This will cover you against inflation and deflation. 

 

Hope this helps

 

 Edit:  20% Gold/Silver, Rest Cash

Sat, 06/06/2015 - 05:44 | 6168810 Ying-Yang
Ying-Yang's picture

Bingo SSS, this is the advice I am looking for.

Mucho Gracias, mi amigo. Best plan I have heard of yet and will be the basis from which I moderate to achieve my goal.

You can come over to my house anytime.... chuckle.

Keep your powder dry. We are living through historic times, facinating my brother!

Fri, 06/05/2015 - 09:04 | 6166259 kill switch
kill switch's picture

Very sorry to hear this brother. 990K in silver would fill a room. Gold as you know concentrates more wealth in a small area,,,,why is this important because you should never keep your gold beyond arms length and 900k in gold is a more manageable option.. Fire proof safe bolted into the cement and I would procure many fire proof bags to store the cash,,,I think these can be had on E-Bay but I would shop around...

http://www.ebay.com/itm/HOME-FIREPROOF-CASH-DOCUMENT-CASH-FIRE-RESISTANT-STORAGE-BAG-SAFE-CONTAINER-/221676665351

All the best to you...

The switch

 

 

Fri, 06/05/2015 - 09:14 | 6166302 kill switch
kill switch's picture

YY

Some good advice up there....

Sat, 06/06/2015 - 06:12 | 6168821 Ying-Yang
Ying-Yang's picture

indeed KS, I agree, brother!

Fri, 06/05/2015 - 13:57 | 6167275 TheEndIsNear
TheEndIsNear's picture

NEVER keep more gold/silver at home than you're willing to loose to burgulars or theft, because any safe combination (or password for that matter) can easily be defeated with a $5 wrench -- used to beat  you until you divulge the combination/password.

Keep it in a depository that is fully insured against loss.

 

 

Fri, 06/05/2015 - 17:55 | 6167922 TungstenBars
TungstenBars's picture

Counterparty risk keeping it away from you.

 

I would alternatively suggest keeping it spread out across several properties and in several locations per property. Perhaps have an obvious safe with some PM or cash in it, so as to serve as a lucrative decoy from larger better hidden stores. 

Sat, 06/06/2015 - 11:23 | 6169043 Urban Redneck
Urban Redneck's picture

Risk can only be mitigated, not eliminated.  Risk elimination is a banker myth.

Among the keys to effective risk management are diversification and due diligence (because risk is multi-dimensional).

Too many fall into the trap of believing that there is ever a single solution, and then they compound that error when they fail to identify the actual risks with the "solution" they setttle on, and every single solution has identifiable actual risks.

Moreover, sometimes less than ideal solutions can be employed to mitigate other specific risks

---

For example, while eighteen different holes in the ground mitigates some risk of physical loss to a Caddyshack gopher, it does nothing to protect against the risk of loss to the taxman who decides that even the current confiscatory "collectible" tax on gold is not high enough.

 

 

Fri, 06/05/2015 - 09:09 | 6166276 overmedicatedun...
overmedicatedundersexed's picture

Ying-Yang. best of luck, good reading your posts over the years..noble of you to worry about your family.

 

Sat, 06/06/2015 - 06:36 | 6168832 Ying-Yang
Ying-Yang's picture

smile, thanks brother. Yes, it is a shame, people are born and are told riches and "things" are the goal when right underneath their noses are family. People that love you and give you their life experience so you may choose wisely.

Alas, we cannot take it with us. Family, friends and neighbors are more precious than anything. It is sad that truly rich people, billionaires, that have amassed more wealth than they can possibly need, yet they still want more. If I was blessed with great fortunes, I would hope I could make a difference to the 10,000 children that die everyday in Asia, Africa and South America from malnutrition and sickness. I could not believe this until I researched it.

Children dying before experiencing life is my greatest sadness and a reflection on our global humanity. All who have the where-with-all to help but choose to do otherwise are the vexation to the yin-yang of the universe and lost in their narcissistic world of never knowing true love or the meaning of life.

Peace Bro!

 

Fri, 06/05/2015 - 09:12 | 6166292 Yes We Can. But...
Yes We Can. But Lets Not.'s picture

About the cancer.  Sounds as though you've accepted it is terminal.  I don't know this cancer.  Is it ever operable?  If so, and if you were told it is inoperable, did you get a second opinion?  I ask, because I've a 55 year old friend recently diagnosed with bile duct cancer.  Was told it was inoperable.  He went to Mayo, they felt differently, they operated, and now he has an actual chance.  Best.

Sat, 06/06/2015 - 07:50 | 6168880 Ying-Yang
Ying-Yang's picture

No I don't accept terminal and I am fighting this bitch. The family and I are doing great things to learn and perhap postpone or kick its butt.

My cancer is very rare. Around 5,000 people each year in the USA are diagnosed with my ampulla of vator cancer. sounds important... heh.

Back in October of  2012 I was bleeding internally with no external signs. My bleeding was from polyps in my duodenum. I went to ER and they had to stabilize me over 6 days by giving me 10 units of blood. At 6' you normally run around feeling good with 12-14 units of blood in your body. I was bleeding inside and my intestines were absorbing the blood leaving no trace. I was a tad low.... chuckle.

The only choice to live was a whipple resection. A very serious op where they took half my pancreas, gall bladder, part of my small intestine along with various other stuff. Heh.

They stretch what left together, stitch me up and hope I can eat and poop using my new compact digestive system. when they finished they had removed a small stage 1 cancer. Margins were clear and 10 lymph nodes pulled were cancer free.

No chemo or radiation was done as they said I was lucky! Flash forward to February 2015, I have stage 4 metastasized duodenum adenocarcioma. I have been proactive in learning and seeking options.

The tumor was donated to the Start Center for cancer for their Genome Project. They grew my tumor in mice and have been researching and using clinical trials to see if any targeted compounds can kill just the tumors and not use the shotgun approach that chemo is. This is the future of custom solutions to many cures.

It is facinating... my tumors are most rare. Further most malignant tumors are assisted by proteins inside. Some are gatekeepers. They control pathways signaling tumors to grow or not.

Using whatever to attack the mutated protein may turn off the signal for growth causing tumors to shrink and die. My mutated protein is called a BRAF protein which is so rare that only .02 % of people with my cancer have it.

It is so rare no cure is known, no money to be made, not much research is being done because it is a numbers game and big biz.

My chemo is standard protocol for a rare melanoma, close but no banana. Plan A is Gemzar and Cisplatin chemo which will shrink the tumors or not. Plan B is they find a clinical trial that targets the BRAF proteins and kills them in the lab. Stage 1 clinical trials use new compounds and determine toxicity and optimal dosage to humans for the first time. spooky yet compeling when dying.

I am also implementing various holistic cures like vitamin D3 treatments which are proven cancer fighting cures and researching cannabiss for chemo side effects and concentrated oil which is proven to attack and kill tumors.

One of the cannabinoids that has displayed amazing medical properties is cannabidiol, or CBD - a non-psychoactive compound that is regarded by some as the medical discovery of the 21st century, and with good reason. Research indicates that CBD can relieve convulsions, reduce inflammation, lower anxiety and suppress nausea, while also inhibiting cancer development.

My cancer is my current adventure to extend my life as I prepare for the next adventure.

Thanks and God Bless you!

Sat, 06/06/2015 - 12:34 | 6169451 detached.amusement
detached.amusement's picture

Sorry to hear of your condition, I have always enjoyed your posts.  It sounds like you're mentally prepared...do you do any neigung or spiritual cultivation?  My studies have told me, when the various energies wind down, you dont want to "move" from that "spot"..."stay" and absorb the remaining potentials, from there you can actuate at will and choose more precisely your next assignment, as it were.

 

"Going to the light" is another one of those screw-jobs that incites the naive to abandon the collapsing potentials, and you know darn well there's going to be pickpocket entities waiting for that.  We may not have the ability to prevent screwjobs in life like the currency charade, but one's own energies and conscious awareness are one of those precious things that cant be taken no matter what.  Like a traffic stop, you can assert your rights, or say sure officer, search my car till your heart's content...

 

Good luck brother

Sat, 06/06/2015 - 23:31 | 6170784 Ying-Yang
Ying-Yang's picture

Very interesting thoughts.. Detached Amusement.

I am a strange duck. Once married my father-in-law pushed me to join his church. After much hounding I attended and learned his faith was pretty much by the book. No musical instruments, only that faith would go to heaven and other odd things like that. Jump down the road and I studied the bible, multi-version bible to compare translation, Greek Lexicon, Old Testament translations to English and most importantly books about the history around those times.

The scientist in me wondered about the origin of man. Fossils and DNA date and contribute to better dating hundreds of thousand years back before Christ and its been 2015 years since.. A long dern time ago.

Lastly I looked at origins of religions in history. Pretty much begins with recorded history when the Sumerians used cuniform on clay tablets to leave their thoughts.

The point of all this I have drawn my own beliefs of 63 years to come to peace and understanding as I see it.

I am closing a chapter in my life which changes my thoughts inward and upward to the stars. Yes I believe In God, The Holy Spirit and Jesus Christ. A Trinity to learn about and if followed may allow many people to live together. We are a savage breed, killing, cheating, stealing and driven by the 7 deadly sins... Heh.

Not so nice, cavemen did pretty much the same thing many thousands of years ago when they made stone tools and buried their dead in graves. Around 5 thousand years ago in Iraq the Sumerians created written language giving birth to recorded history and ever since then everthing was prehistoric? Yep pretty much.

So I am wired into all this believing we had some help all along and big help 5k years ago to get real smart which gave birth to much knowledge that it cannot be evolution. Much too quick when charted on a timelime.

So to your comments, I am comfy winding down this chapter and actually I am curious about the next adventure. All my life I have found when starting a new adventure it was "the ride is where all the fun is". Once there... reach for the next adventure.

Thanks for your kind comments!

Sun, 06/07/2015 - 10:19 | 6171454 detached.amusement
detached.amusement's picture

heh, good stuff, I know the role of the odd duck all too well.  fun is while you're ion the ride, for sure!

 

interesting you mention the sumerian stuff, there was more found within the last handful of years - reading that, I saw how badly the jews stole any bit of the story they felt like stealing, and augmenting it in any fashion they saw fit.  I'm not anti jew, just anti-sonovabitch, and the sumerian stuff that pre-dates the jewish stuff, basically says yaweh is a sonovabitchin' liar that simply wanted a slave race...

 

now, given where the banksters are trying to take us...

 

"food" for thought, as it were ;)

 

take care man and good luck!

Mon, 06/08/2015 - 01:27 | 6173353 Ying-Yang
Ying-Yang's picture

DA... most interesting.

I dove deep into origin of the written word... history. Sumeria is where it appears it all began. (due credit to others in Asia and so).

I am working the human timeline from stone age to now. I am a study of the rise of the Knights Templar, their creation of financial systems, flight to Switzerland and migration through Spain to land in the new world while morphing to the order of free mason.

Your tip fits my thoughts!

The Annunaki would be the folks who used slaves. They say "someone has to dig the AU!" But hey, we are talking about humans... us?

Funny that homo sapiens, aka cavemen, were around for a really long time before Sumerians. When one looks at the fossil evidence and theories of evolution one sees man as very slow to evolve over many hundreds of thousands of years until. 5,000 years ago.

My best guess is something kick started man to suddenly become wise and able to do things on a much greater scale than any period before and if the truth be understood never since.

Fascinating...

Good stuff brother

Sun, 06/07/2015 - 13:53 | 6171857 Yes We Can. But...
Yes We Can. But Lets Not.'s picture

I admire your thoughtfulness, attitude, and fight, and I wish you continued strength.  Intend to share your story and thoughts with my friend as he deals with cholangiocarcinoma.  Best.

Fri, 06/05/2015 - 09:14 | 6166306 Seasmoke
Seasmoke's picture

I have no advice Ying Yang. But I just wanted to say I'm sorry to hear this news. Peace. 

Fri, 06/05/2015 - 09:22 | 6166336 Huh Reeeally
Huh Reeeally's picture

I'm sorry to hear this. First off, cancer really pisses me off, it's entirely man-made and all these cancer charity fundraising antics are mere subterfuge and job creation designed to suck money from the economy while providing ZERO results. Name a solution or cure that has come from the billions of donations to these fake charities that do nothing. There hasn't been one.

You have the means, maybe explore treatment options in Mexico, where they (reportedly) successfully cure some cancers with cesium chloride (?workiing from memory here). It seems to me that there are other countries that are not under the control of big pharma that have good successes too. Don't believe all the sh&t the local quacks tell you, they are just planning their next vacation with your money. Diet is important, start with NaturalNews.com. Maybe these are no longer options for you. I'm sorry if the above seems insensitive.

There are a number of companies that allow you to buy/sell bullion in other countries. I have used Bulion Vault, it has vaults in Singapore, Switzerland, Canada, These guys post a daily audit of your account online, all metals are allocated etc, they do FX if you want to store bullion in different countries so they seem 'sound' and I had a good experience. Also you can buy/sell for low premiums and trade 24x7. Miles Franklin has vaults in Montreal. Bullionstar.com in singapore has one of the better gold analysts in Koos Jansen. There are several others. One big consideration here is to make sure the bank account number associated with your deposit/purchase is a joint account or your wife's account since they will only disbourse funds to the same account from which the original deposit was made. Transfer funds online or at the bank using a bank draft. Not sure what the capital controls are like there but you'll probably need to make several transactions to stay under the radar.

The only real downside to these bullion depositories is that they will only pay out cash unless you have a very large quantity. In order to withdraw gold from BV you need to own a 400 oz good delivery bar, so most of us will be taking the cash. The next question is what cash (singapore, Swiss Franc, USD, CAD) will be sound when the cash is really needed?

In Canada we can buy PMs for cash at any currency exchange without showing id. We do need to scribble some sort of signature on a receipt, but.... (try doing this in a cashless society) It's a good idea to have some stored where you have direct access to it anytime, 1 oz silver eagles or maple leaf coins are good and more spendable than bars if SHTF. I think silver rounds will have a credibility issue and will be heavily discounted compared to coins if we do need to use them for trade. With the silver:gold ratio hovering around 71:1 it makes silver a buy.

Definitely do not put anything important like cash or PMs in a (un)safety deposit box.

I'm no wiz-kid but I hope this gives you a few things to consider.

Sat, 06/06/2015 - 08:00 | 6168905 Ying-Yang
Ying-Yang's picture

Thanks HR, great heads up. I shall ponder your good advice.

I am inside and I see the cash machine for all it is. They love me as I am golden. Great insurance with deducts paid. A slot machine that pays 100% on every pull chuckle.

People are dying and suffering chemo and radiation which sometimes works but more often than not only extends life a few years. We are talking big bucks brother. I am a numbers guy and I see up cloe and personal. Sad thing is the vitamin D3 treatment works. parents have been told their young child has all the chemo and radiation they can take and get ready for them to die.

D3 has cured many kid's cancers that were written off by the docs. Sad but true. As we have learned here, it is not about the people but how much money can be made.

Peace brother

Fri, 06/05/2015 - 09:46 | 6166416 CrazyCooter
CrazyCooter's picture

You might need a POA in the middle, but TreasuryDirect might be an option for you. This is a direct account at the treasury where a small networth investor can buy US Govies. They actually have a limit which is a few million or so. The accounts can not be joint. People may howl about that here, but when the Treasury defaults or the dollar flushes, you will have much bigger problems. Meanwhile, dollars are how shit get paid. It takes a while to set up the account (couple weeks). You will wire money into your new COI (see-oh-eye) at the Treasury which is a certificate of indebtedness, which is also known as a zero interest account. From that account you can schedule your buy. If you buy a one month bill, it will allocate based on going auction rates, and you own a note/bill/bond. After one month, the principal goes back into your COI. Interest payments are made per the instrument. If you wish to sell the bond ahead of time, you actually have to transfer it to a broker, which will take you about a month and is a huge PITA.

If I had a pile of money and wanted to hunker down, gold (American Gold Eagles/historical American gold coins - or jewelry like Mr T) is definitely one bucket, but if you ladder that money out over a year or three or whatever, so that some % it rolls in/out every month, it is a pretty effective poor mans way to manage cash OUTSIDE the banking system without a lot of fees or lawyers.

The only caveat is the first sentence; Treasury Direct accounts can only be in the name of one person only. This might require a POA and special set up in the event customer service is required to resolve a problem.

Regards,

Cooter

Sat, 06/06/2015 - 08:35 | 6168937 Ying-Yang
Ying-Yang's picture

Thanks Cooter, I like your the treasury direct idea using laddering. we have cd's setup now and your process looks like a solution.

I wish to only have cash for monthlies expenses. I will look into your process further and I see what your talking about.!

We have POA and quite familiar to read fine print to not get boxed in. The path is becoming clearer with fine advice like your!

Cheers brother!

Fri, 06/05/2015 - 09:54 | 6166447 Blano
Blano's picture

Ying, sorry to hear about your situation.

I don't really have any financial advice other than what's been already offered, but just an idea as someone posted above.

If you have the resources, fight this thing to the end.  Have you looked into anything related to stem cell research?  I say this because of hockey legend Gordie Howe, who was basically dead with multiple issues when his family took him to an experimental stem cell treatment in Tijuana.

Not only did he survive, but he basically came back to life.  Heard this morning that he can even go out and skate a little these days at age 87.  Again, I'm not familiar with your disease, but if you can, pursue every option and don't give up.

Prayers to you and yours.

 

Sat, 06/06/2015 - 08:43 | 6168947 Ying-Yang
Ying-Yang's picture

God Bless you Blano. Further up in the thread I detailed what I am doing which is quite a bit. The Genome Project I am part of has typed my tumors for genetic war...

They have had 2 1/2 years to research my tumor and we are looking for a right trial. If chemo goes not shrink my tumors then plan B is to try a promising trial to target my mutated BRAF proteins inside my tumors. When the proteins are killed the tumors will die.

Very cool! I am at peace and actively engaged every day!

Proud to be your brother here on ZH

Fri, 06/05/2015 - 10:59 | 6166533 Mayer Amschel R...
Mayer Amschel Rothschild's picture

DCA, man-made chemical dichloroacetate reactivates aerobic respiration enzymes in the mitochondria. 

 

http://www.thedcasite.com/.  One dose saved the life of my wife's uncle (stomach cancer) with no relapse 4 years later.

 

Origin of cancer cells has been thourghly explained by Otto Warburg 80 years ago: trend away from aerobic and more toward anaerobic cellular respiration. 

 

War on cancer = war on drugs = war on terrorism = bullshit.

 

Sorry for your situation, YY.

Sat, 06/06/2015 - 08:47 | 6168950 Ying-Yang
Ying-Yang's picture

Interesting, thanks I will read up on your your llinks.

 

Fri, 06/05/2015 - 10:41 | 6166615 sun tzu
sun tzu's picture

Talk to a trust attorney/CPA. Put her money into a family trust and slowly liquidate over a couple of years by the riskiest assets first or else the taxman will monkey hammer you guys.

Sat, 06/06/2015 - 09:01 | 6168961 Ying-Yang
Ying-Yang's picture

Sun thanks I enjoy your comments here. Yes we are looking into this.

My main concern is what bubble pops first. I like the idea of peeling off riskiest assets first. Mom's timeline is most likely 5 years. We already have a family trust sheltering some of the 900k. This we won't change as it is bullet proof on inheritance taxes.

The balance is in things like the Russel 2000 which has been super but is having trouble making new highs. The risk reward is just not there and I feel the top in the market is near so why not take profits, with respect to capital gains and sit on the sidelines temporaily while Rome burns.

Nice Quote:

“There is no instance of a nation benefitting from prolonged warfare.”
? Sun Tzu, The Art of War
Fri, 06/05/2015 - 11:13 | 6166728 thestarl
thestarl's picture

Stay strong mate

Fri, 06/05/2015 - 12:34 | 6166995 SgtShaftoe
SgtShaftoe's picture

Ying-Yang,

First a couple things:

There are a number of cancer therapies that I've personally seen people beat the disease with that are out of the mainstream. Essiac, B17, Phoenix Tears, Gerson treatment. A couple people I know were stage 4 and they were able to beat it and are out running around like nothing happened. I'll say again, that these treatments absolutely work for a lot of people!!!

You absolutely must watch the 2 documentaries Burzinski (not the government hack, a MD). They're on netflix.

I've lost a lot of family to cancer, watched them go through chemo and die and I have no trust in the medical system any longer unless it's to treat a broken leg.

As far as the gold, you might keep a few gold stocks, maybe 33% in gold stocks with direct registration, and 66% in bullion.

I would keep the physical gold in 2 or 3 locations, Switzerland, Asia, and in your own safe / or local gold depository like in Delaware. The larger the bullion the cheaper the per oz cost, but then it becomes harder to turn over. I'd probably go with 1oz eagles. As long as the tax laws don't change (which could at any time and probably will) you won't pay capital gains on american minted coinage. It's currently non-reportable - says my bullion dealer.

Sat, 06/06/2015 - 09:20 | 6168974 Ying-Yang
Ying-Yang's picture

Thanks Sarge. I have contacted Burzinski and this is a strange duck.

Great success with many people. They take no insurance so cash is all up front. Very money centric biz model. Around 40-50k to get in the door and around 7k a month for targeted therapeutics over 6-18 months. He manufactures his antineoplastons derived from patients urine.

He has ongoing troubles with TPTB who don't like him. A head of the FDA once was quoted saying Burnzinski will never get his seal of approval because a single man cannot be approved by FDA. The prick went on to say he will only approve large pharmaceutical companies flush with cash. (paraphrasing)

He is allowed to do clinical trials only to dispense his cure. It is really odd when you dig deep.

I will check out the others!

Thanks my friend!

 

Fri, 06/05/2015 - 12:43 | 6167023 e_goldstein
e_goldstein's picture

1. Once we have converted to all cash what is the cash to physical gold we should have after 2015 estimated taxes are set aside? I would do 50% cash, 50% metals with 12x more silver than gold.

2. Where should the cash be parked? Coffee cans in your sister and mom's back yards (no, I'm not being snarky).

3. How and where should I buy the gold? If you have local dealers, I would start there. Explain your situation to the owner and see what you can work out. Personally, I've never purchased online, so I can't help with that.

4. Where should the gold be held?  See the answer to #2.

Sorry to hear about your health problems, but don't give up.  Start by eliminating grains from your diet and investigate alternative therapies such as tumeric. Personally, I would forego alleopathic (traditional Western) treatments and seek the advice of a homeopathic doctor; but that is your decision. A good place to start your research is here: http://www.mercola.com

Best of luck, brother.

 

Sat, 06/06/2015 - 10:56 | 6169143 Ying-Yang
Ying-Yang's picture

EG we are on the same wavelength and thanks for your input.

1. 50-50 is a good beginning. I have much faith in gold and silver as a store of value.

2. Looking for a good local metal storage facility, if a secure one exists. Would be scary having 450k buried around many locations.

3. Yes I buy my stacks at a local dealer who I know for years. His margins is higher than online but I support local I know and the ones that give a shit. He has taught me much! I love silver rounds. They feel so good in hand. I am looking into how to ladder gold versus silver bars down to rounds of each keep numbers of pieces down to practical numbers for secure storage. I will keep storage in multiple locations for long term safety down to small weights thatif needed can be traded for easily for goods and services.

4. I am balls to the walls on my cancer, chemo, cllinical trials and already on 1000 mg turmeric (curcumin c3 complex with bio-perin).

I am a heart patient as well had a heart attack in 2002, took BP and colesterol meds for many years with lots of side effect. With my weight loss and great diet and have low BP now and colesterol levels are perfect. Net net I am totally off both and use tumeric if I get any spikes. It is very powerful. People don't realize that folks in India eat enough curry to make India a low cancer area of the world. There is no cancer history on both sides of my family. My cancer must be environmental. We San Antonio when a child trucks would spray DDT every summer. All of us kids would run inside when we saw the clouds of smoke covering the neighborhood. Mom can we go play in the smoke? Yes just be home for dinner.

I enjoy coments on chemtrails. Personally know they are purposely spraying heavy metals like barium and aluminum ozide that once sprayed spread out and settle on open water and soil.

This I know first hand. Easy to test both water and soil  before and after chemtrail runs crisscross my city. The heavy metals don't occur naturally in the air. once on the ground they turn soil PH more alkaline which kills plants. Our good buddy monsanto genetically modifies soy and corn seed which are hybreds and farmers have to buy each season instead natural seeds from their own crops. Would you believe that 90% of soy and corn are from genetic altered sources.

If you follow the big money, dependency on alkaline resistent hybred seeds is scary when you research the full cycle of of their biz model.

Also the heavy metals and bio particulate they are using settles down on city populations any causes a plethora of problems for folks and they have said they are spraying but do not knwo the long term effects on humans, animals and plants. Heh.

In the fifties they promoted DDT as safe and even produced TV ads where the dude is drinking DDT out of a glass to show DDT is harmless. Hmmmmmm?

The TPTB have their agenda and consider us to be dairy cows on the farm. They treat us pretty good when we produce the milk and behave. When we are old they sell off for meat.

Too much secrecy and lack of oversight by us has created the matrix, minority report and skynet future that won't be stopped unless the masses rise up and make changes. Sadly they are very far down the process.

And our kids have been dumbed down and trained to accept control. This is necessary to achieve a central new world order.

So I believe my cancer is environmental not inherited. The proteins in my tumors are mutated BRAF proteins which allow tumors to grow. What mutated my proteins?

Pick your poison. EG thanks for the kind words. If you have kids and loved ones, look skyward as jets fly over your city. Watch as the spray spreads and settle. The trails turn a clear blue sky into an ugly overcast day. Look and learn and decide for yourself if you are seeing contrails or chemtrails. The first lasts seconds where the other persists for hours and settles to the ground. Manmade for certain.

Peace brother, we are being experimented on for what purpose?

 

 

Sat, 06/06/2015 - 13:11 | 6169434 e_goldstein
e_goldstein's picture

 Peace brother, we are being experimented on for what purpose?

 I don't know, Ying-Yang, but I wouldn't rule out chemtrails being used to attempt weather control. Whatever it is, the backlash from nature is already, and is going to be a bitch.

In reference to the politics of the greater condition and the situation we find ourselves in now, I think Frank Zappa said it best: 

The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.    We're at that point, now. Keep up the fight and keep us posted on how it's going. 



Sat, 06/06/2015 - 23:34 | 6170796 Ying-Yang
Ying-Yang's picture

Right on e_goldstein!

And Hungry Freaks to you, myself and Zappa...my era!

Peace out my brother and thank you!

Fri, 06/05/2015 - 13:13 | 6167095 froze25
froze25's picture

Get yourself some large quantities of vitamin b-17, I am not blowing smoke I lost my mother to cancer about 22 years ago when I was 14 and have been studying it since then.  This is not bull shit.  You will need to do high doses, preferably starve your body of carbs about 6 hours before taking it with a carbohydrate.  Cancer loves sugar and will uptake the b-17 with it much faster than regular cells can.  B-17 is harmless to regular cells but will kill cancer cells.  Figure out how to make your own lysosome vitamin c also take high doses.  You have nothing to lose at this point from what I am reading.  Do it. https://youtu.be/sKhzbcpI_ro 

https://youtu.be/vTXSTGGRvKY

I wish you well, also eat as healthy as you can organics, very fresh.

B-17 can be bought here http://www.cytopharma.com/

Sat, 06/06/2015 - 11:41 | 6169297 Ying-Yang
Ying-Yang's picture

Thanks will research

Fri, 06/05/2015 - 13:39 | 6167226 Turin Turambar
Turin Turambar's picture

Ying-Yang,

I'm so sorry to hear about your health issues.  I know that you've probably got people making suggestions left and right regarding medical treatment/issues.  However, I would like to recommend that you look into a ketogenic diet.  There have been some wonderful results with this approach.  The gist of it is that cancer cells feed on glucose.  Ketogenic diets strip out carbs and sugars, so the body runs on fats.  In essence, the cancer cells are starved to death.  Please look into it.  Here's something that came up on a quick search.

http://www.canceractive.com/cancer-active-page-link.aspx?n=3117

Best wishes,

TT

Fri, 06/05/2015 - 14:26 | 6167374 malek
malek's picture

 protect the 900k against deflation or inflation

That's impossible. You can only protect it from getting almost completely wiped out in either deflation or inflation.

As usual, go with thirds:
- One third in PM, as your amount is large enough spread into gold and silver, and according to your own preferences also platinum and palladium, and distribute into different storage locations - not all of them being western banks' safety deposit boxes please.
- Another third in cash. Although advisable, as a US citizen it will get difficult to have larger amounts in non-USD currencies, of non-US-hegemon (!) countries.
- Last third in assets such as houses, land, or (foreign) stocks. As everything is overpriced right now, this might be difficult to do reasonably. (But you haven't hinted at what the 900k are in right now...)

 

Sat, 06/06/2015 - 04:53 | 6168787 El Crusty
El Crusty's picture

I have to add a bit to the last part you mentioned.

If you are going to buy real estate as a way to park money- do not buy residential or commercial real estate. you want to buy land- more specifically farm land, several reasons why.

with real estate you become the landlord and are responsible for upkeep on the property. housing and commercial buildings require a fair amount of upkeep and you will be dealing with it constantly. that takes time and money even if you are doing all the upkeep yourself. land being actively used for farming requires none of that from the owner of the property.

taxes- any area that has a proprty tax levied against it will be substantially more for residential/commercial than for farm land. the difference can be 15+ grand in property taxes vs 2-3 grand. same as deflation/inflation taking a chunk out of your investement.

if you own farmland you can lease the land out to farmers. this will make enough money to cover the cost of property taxes, plus even make a little profit on top of that. either way you are able to preserve your investment. plus they are essentially paying you to actively maintain your property, with little supervision needed from you. you only need to drop by and check up on the place every few months to make sure they arent secretly accepting shipments of nuclear waste or something like that. 

Farmland is usually very cheap and you will be able to buy a lot of it-i see ads on craigslist all the time as low as $600 an acre. if the time comes to sell it you can easily split it up into parcels so you're not stuck looking for a buyer who is wanting to purchase the whole thing in one shot- you can piecemeal it out as you need to.also when the real estate bubble finnaly pops, farmland is much less affected by drops in inflated values of homes and commercial buildings.

If this whole thing comes crashing down and SHTF you will have a place to go in order to isolate yourself from the chaos that will engulf all big cities. you dont have to build some elaborate survival compound, a simple cabin or even a trailer home can be put up for next to nothing. another bonus- food wont be much of a concern as you'll be living on airable land so producing your own food will be much less of a struggle than trying to venture out and aquire food.  even if things dont fall apart - you still have a pretty sweet vacation spot where you can go to getaway and relax with some peace and quiet whenever you want.

 

there's a reason many of the wealthiest people in this country also own large amounts of airable land- pretty safe place to park your money and you always have somewhere to go if you need to.

 

Fri, 06/05/2015 - 15:41 | 6167601 Livermore Legend
Livermore Legend's picture

In response:

First, Look into Immunotherapy ASAP.......

There are numerous Trials going on, and Solid Results being acheived.

The fact is, in just a few years CHEMO will be a thing of the past...

Second, put ALL your Cash into US Treasury BILLS.

The United States is NOT Going to Fail.

The Time to Buy Gold was in 2001 and the Time to Sell in 2011.

That Time has Past.

You need a SS # and DL in Order to Own them DIRECTLY.

Do NOT buy them through a Broker or any other Third Party, because in that case, you do NOT Own them Directly.

They CAN and ARE heavily HYPOTHECATED.

Hold your Money is US Bills and SIT TIGHT.

When the SPX 500 trades in Single P/E Digits, you will be Sitting Pretty.

Put the rest of your Time and Attention to your Medical Situation and your Family.

 

 

 

 

Fri, 06/05/2015 - 15:57 | 6167652 malek
malek's picture

 put ALL your Cash into US Treasury BILLS.
The United States is NOT Going to Fail.

You're sidestepping the point: is the United States currency also not going to fail, as in strongly devalue?

Fri, 06/05/2015 - 16:26 | 6167731 Livermore Legend
Livermore Legend's picture

As I said in 2008, it is "King Dollar".

In 2010, in "Capitalism Reigns" I explained how a Bull Market was being Born in the Dollar.

I reiterated this again in "America" in 2014.

From that, the Dollar Bull Market has indeed been born with the move over 100.

Unlike most of these hacks on Wall Street and elsewhere, I have the Record to back up My Words.

There is over $ 100 TRILLION in DOLLAR DEBT, not even to begin to discuss the DERIVATIVES on top of that.

All of that in effect equals Demand for the US Dollar.

How many UNENCUMBERED ACTUAL PHYSICAL DOLLARS exist, and how many US Bills exist ?

BONDS unlike BILLS, are CONTINGENT CLAIMS.

EVERYTHING else likewise is a CLAIM, not ACTUAL CURRENCY or BILLS.

You see, these FACTS are NOT OPINION, but rather MATHEMATICS and LAW.

Despite what GOLD has telegraphed since 2011, along with SILVER, the CRB, and more recently OIL, people still embrace DENIAL.

What Can't Be Paid, Won't Be Paid = DEFLATION.

BOTTOM LINE:

The US will NOT FAIL, NOR WILL THE DOLLAR.

Bet otherwise, and Lose.

 

Fri, 06/05/2015 - 19:39 | 6168149 malek
malek's picture

Ahem.
A bull market now in the US Dollar proves nothing for the mid-term future. After the bear market in 2008/9, a bull market was the obvious expectation, and since last year TPTB are pulling all the stops to make the stampede even bigger. One could even argue the current Dollar bull market is the crack-up boom.
Whatever, what happens (to your bond values) when the next Dollar bear market starts?

$100 TRILLION in DOLLAR DEBT, not even to begin to discuss the DERIVATIVES on top of that

And most of that is already close to worthless, it just hasn't been realized yet.
How do you know your claims will survive?
You call it Deflation, under the premise that you belong to the winners/survivors and will still get paid (by whom, in what?), I call the same scenario Inflation because 90+% of the claims will get wiped out and people will afterwards avoid paper claims like the plague.

The US will NOT FAIL, NOR WILL THE DOLLAR.
Bet otherwise, and Lose.

No, what you're actually betting on is the US will successfully undermine/torpedo/make fail any competing (reserve) currency, and in a cleanest dirty shirt way will survive.

I'm not putting my money on that, not just because I find it doubtful to succeed, but also because I am not willing to support such psychopathic approaches.

Sat, 06/06/2015 - 23:45 | 6170812 Ying-Yang
Ying-Yang's picture

In my case, taking in both points of view. Laddered treasuries should be fine as long as the USA is solvent. Seems to me stocks will crash sooner. If USA ever defaults different choices.

Old aircraft carriers take a long time to turn around. It will take a long time for the dollar to be replaced by sdrs or yuan.

At out stage we will diversify into other assets for preservation of value the best we can.

Thank you both!

Sat, 06/06/2015 - 00:48 | 6168631 CandaceLH
CandaceLH's picture

Ying-Yang,

 

  Sorry to hear your not well. Please go to this website for a program/information about Cancers and fungal infection. Watch the video's of the program.....  you really need to do this. The program is "Know The Cause" with Doug Kaufmann. It's worth a try. www.knowthecause.com  You may need an antifunfal medicine/Diflucan for long term use from your doctor for fungal infection, Probiotic, Enzymes and NSC-24 Immunition which is extra strenght Beta Glucan for immune system and avoid sugars and carbohydrates. www.nsc24.com is where you can get these supplements. Your still here with us, so their is hope. If it were me I would dump the chemo and do the above. If you can't eat, juice. What to avoid......  http://knowthecause.com/index.php/recipes/60-phase-one-eating

Yes, this is advice from a stranger and maybe an Angel! Take a look.

 

God Bless You.

Sat, 06/06/2015 - 11:44 | 6169307 Ying-Yang
Ying-Yang's picture

Will do God Bless

Sat, 06/06/2015 - 02:01 | 6168708 Ward no. 6
Ward no. 6's picture

i have ordered from Apmex and never had a problem with them...

btw my mom outlived her cancer and she was given 1 year....

never give up...

 

 

Sat, 06/06/2015 - 03:04 | 6168731 kareninca
kareninca's picture

I am very sorry about your illness, Ying-Yang.

Sat, 06/06/2015 - 05:25 | 6168802 Central Ohio
Central Ohio's picture

Best of luck with your situation.  Today I'm going to a presentation on miracles.  I'll pray for you.  I can't say why some people get healed and other don't, but it is worth a try.  (Vineyard Columbus is the church.)

 My adivice is based on the idea that a crash is coming, the market won't close and that the government won't sieze assets.  Keep 10 to 20% in gold or other precious metal, 10 to 20% in cash and the rest in the market with a trailing stop.  The stop is to let you get out and into cash.  Hold that cash until the bottom starts to crawl out and buy on the cheap.  

  If you pass on then your estate/trust can use the money.  

  That is what I would do if I was in financial situation.

 

http://www.investopedia.com/terms/t/trailingstop.asp

Sat, 06/06/2015 - 08:40 | 6168930 nscholten
nscholten's picture

Chemo is gaurenteed to kill you, well 95%.  Go to Germany for hemp oil treatment.  I know of a 42 year old with cancer who was diagnoesed terminal who went to Germeny 3 times and is back in the staates running his business and raising is family.

 

Also food grad hydrgen perioxide oxiginates the blood. Cancer thrives in a low oxygen environment.

 

Also, read "The China Study".  Animal protein triggers the growth of cancer.

Sat, 06/06/2015 - 10:02 | 6169042 whoisjg
whoisjg's picture

swer: 

Mangosteen Juice

Mistletoe Extract

B-17 amygdalin

nutritional therapy - juice carrots, celrey, apple, kale, collard greens every day

 

Stop eating all fried foods, all meat, all milk, and all oils butters, and overt fats

 

In six months you will be cancer free

Fri, 06/05/2015 - 08:32 | 6166131 ZH Snob
ZH Snob's picture

the stock market has finally achieved its long-sought goal of becoming the ouroboros.

Fri, 06/05/2015 - 09:06 | 6166269 InjuredThales
InjuredThales's picture

Where the fuck does this stupid fucking author get the fucking idea that we are living in a regime of "unfettered capitalism"? Maybe I missed the memo, but I am feeling the fucking fetters every fucking day.

Who fucking checks these shitty-ass posts before they go live?

Fri, 06/05/2015 - 09:22 | 6166338 Bobbo
Bobbo's picture

Well, ... I was thining unfettered is not the same as unregulated.  Unfettered is when the regulations essential to the market are not enforced, thereby turning loose the monster (organized crime) upon it all.  Not that you give a shit, with that attitude of your.

Fri, 06/05/2015 - 11:29 | 6166788 HopefulCynical
HopefulCynical's picture

Unfettered is when the regulations essential to the market are not enforced, thereby turning loose the monster (organized crime) upon it all.

This.

Fri, 06/05/2015 - 11:57 | 6166877 gonetogalt
gonetogalt's picture

InjuredThales, I would like to hear your story of grief with Thales, nearly went with them myself a few years back.

Fri, 06/05/2015 - 14:00 | 6167289 InjuredThales
InjuredThales's picture

Well I guess that depends who is wearing the fetters.  What everyone needs to grasp is that the banks, the large Wall Street institutions, etc... are not the free markets in operation: they are the STATE. This is state-sponsored corporate insanity: it is not capitalism, and it certainly is not free markets. The idea that this can be cured with more rules, or more enforcement of rules is just bizarre! The rules are there, and they are working as intended. They are there for one reason: so that unconnected individuals like you and me will never, ever get into the club. The rules work, and the fetters are on. Politicians never bite the hands that feed them.

Fri, 06/05/2015 - 15:52 | 6167634 BrotherRat
BrotherRat's picture

FIAT makes a truly free market impossible.

Fri, 06/05/2015 - 14:01 | 6167290 InjuredThales
InjuredThales's picture

Injured Thales is actually a reference to Samuel Johnson's London, which is a derivative of Juvenal's 3rd satire.

Fri, 06/05/2015 - 08:12 | 6166067 williambanzai7
williambanzai7's picture

Fri, 06/05/2015 - 08:31 | 6166121 VinceFostersGhost
VinceFostersGhost's picture

 

 

You forgot the ice cream cone.

 

The press always shows Uncle Warren eating icecream....to prove he's not evil.

 

I told George Soros to do that years ago, but he wouldn't listen.

Fri, 06/05/2015 - 12:00 | 6166892 gonetogalt
gonetogalt's picture

William, your best in a long time. Thanks for the gut splitter.

Sat, 06/06/2015 - 00:53 | 6168667 COSMOS
COSMOS's picture

I think all his posts are the best.  Dont recall ever not thinking otherwise.

Fri, 06/05/2015 - 08:13 | 6166070 Headbanger
Headbanger's picture

Yeah but it's an LBO of shit.

Fri, 06/05/2015 - 08:14 | 6166077 XAU XAG
XAU XAG's picture

 

 

Dog it Dog

 

Better get used to dog meat

Fri, 06/05/2015 - 08:24 | 6166106 Cangaroo.TNT
Cangaroo.TNT's picture

Increased automation is a result of ZIRP.  Replace a $5/hr burger flipper with a robot you have to finance at 15%?  No way.  Replace a $15/hr burger flipper with a robot you have to finance at 5%?  You bet!

Fri, 06/05/2015 - 10:18 | 6166532 rejected
rejected's picture

What happens when enough of those workers are displaced causing a continual reduction in profits? McDonalds?

How many hamburgers does a robot eat? 

All of the sudden it doesn't matter what the interest rate is.

We have killed the goose and are now eating it.

 

Fri, 06/05/2015 - 11:34 | 6166801 HopefulCynical
HopefulCynical's picture

You are precisely and exactly correct. But we're dealing with psychopaths, sociopaths and narcissists, who not only don't give a sh*t about anyone but themselves, but who also harbor delusions of deity, and believe themselves to be ten feet tall and bulletproof. They will never listen, they will never reconsider, they will never stop. They must BE stopped. And until SHTF, the masses do not have the cajones to do so.

Sat, 06/06/2015 - 10:05 | 6169046 whoisjg
whoisjg's picture

Donals will split into a high end chain called McGolds for the middle class to eat near beef, and MikeyDo's for blacks and the poor to eat fully synthetic soylent food which costs pennies to produce.

Fri, 06/05/2015 - 08:13 | 6166071 snodgrass
snodgrass's picture

The corporatocracy rules. The new world order is the old world order with corporations acting as governments.

Fri, 06/05/2015 - 08:22 | 6166101 LawsofPhysics
LawsofPhysics's picture

...and a "let the majority eat cake" monetary policy.

Yes, you are correct sir.

Fri, 06/05/2015 - 09:19 | 6166323 Bobbo
Bobbo's picture

Let them drink cake. 

Cake--my name for the new home brew morphine commin roun the bend.

http://www.newscientist.com/article/dn26100-modified-yeast-makes-opiates...

 

Fri, 06/05/2015 - 08:27 | 6166116 Oldwood
Oldwood's picture

Just submit yourself to my "leadership" and I will see that your interests are protected. The fact that this makes me incredibly rich and powerful should be of no concern, anymore than my continuing failure to provide the security to your interests should be a worry. Just imagine how badly you would have fucked it all up on your own. So all I can say is "trust me" and make sure your check is in the mail.

Fri, 06/05/2015 - 08:34 | 6166137 MonetaryApostate
MonetaryApostate's picture

Ha!  I've said the exact same thing on my social page. :D

Fri, 06/05/2015 - 08:43 | 6166175 Kprime
Kprime's picture

Actually, governments are now acting as the enforcement arm of the corporations.  The corporations rule and the government toes the line doing their bidding.  everyone is bought up to and including all the judges right up to the supreme court.

Fri, 06/05/2015 - 09:21 | 6166331 snodgrass
snodgrass's picture

Govenments are the branch offices of corporations with the biggest corporations being the international banks.

Fri, 06/05/2015 - 08:13 | 6166074 Oldwood
Oldwood's picture

Unfettered capitalism....now that there is funny!

Fri, 06/05/2015 - 08:21 | 6166099 LawsofPhysics
LawsofPhysics's picture

..sure, by those that "survived" because they got a taxpayer-funded bailout in 2008/2009...

Fri, 06/05/2015 - 08:27 | 6166117 Eeyores Enigma
Eeyores Enigma's picture

Canibalistic Capitalism

Fri, 06/05/2015 - 08:37 | 6166148 MonetaryApostate
MonetaryApostate's picture

Crony Capitalism is where the CEO of corporations, with a single stroke of a pen, sign themselves huge bonsues, while cutting thousands of jobs, and increasing their corporation's financials to  increase their bonuses.  (It's like being a chicken, but living in a world where foxes rule, and until the chickens decide to herd up against these foxes, they are going to continue to call them in for dinner, as in slaughter them...)

Fri, 06/05/2015 - 08:45 | 6166186 Oldwood
Oldwood's picture

Socapityrannafascism.

Any other labels needed?

Fri, 06/05/2015 - 09:16 | 6166313 Bobbo
Bobbo's picture

Sociopathitalism

Fri, 06/05/2015 - 08:35 | 6166123 Kprime
Kprime's picture

where the hell does the author get the idea this is unfettered capitalism??????  It's neither unfettered nor is it capitalism.  Everything is locked down and moated beyond comprehension.  Try to start any buisness in any industry or profession while following all the rules and regulations.  Impossible.

Try to keep even half of what you earn without it being taxed, fee'd or even fined out of your hands.  Impossible.

Fri, 06/05/2015 - 08:39 | 6166154 t0mmyBerg
t0mmyBerg's picture

exactly.  might have been a good article other than that.  i gave it a 0 for those 2 words alone.

Fri, 06/05/2015 - 11:59 | 6166886 HopefulCynical
HopefulCynical's picture

It was pointed out in a previous post:

Unfettered is when the regulations essential to the market are not enforced, thereby turning loose the monster (organized crime) upon it all.

[T]he regulations essential to the market may be understood simply as "put the frauds, cheaters, con men and other parasites in f*cking PRISON." We really don't need a lot of regulations on the market itself. We just need to bury anyone who cheats anyone else. Strip them of all assets, ill-gotten or no, and throw their asses in a cage for a few decades. They will serve as an example to all but the unrepentant psychopaths, who belong in a cage anyway.

Fri, 06/05/2015 - 13:52 | 6167267 anti-republocrat
anti-republocrat's picture

Unfortunately, "capitalism" is a term that's become so broad in its definition as to be essentially meaningless.  Perhaps when you refer to "capitalism" you mean the accumulation of wealth by an individual or common law partnership, where each owner of an enterprise takes full responsibility for all liabilities of the enterprise, putting his personal wealth at risk.  If so, then your definition of "capitalism" is at odds with common usage, which implies corporate capitalism.

 

Your ideal of "capitalism," with individuals retaining full ownership rights including both control and usage rights for all property, as well as full responsibility when property is used in a manner that damages others, was doomed when governments first started to charter limited liability joint stock corporations.

Fri, 06/05/2015 - 08:41 | 6166169 jwoop66
jwoop66's picture

As soon as I saw that, I went right to comments.  Ha!  No need to read further.

Fri, 06/05/2015 - 08:17 | 6166085 Oldwood
Oldwood's picture

So please explain how the closing of the worlds largest casino is bad for the world???

People living off of the productive labor of others is GOOD for the bulk of the people of the world?

I'm sick of this bullshit where every gambler and ponzi scam in the world is trying to convince the rest of the world that they are doing God's work somehow.

Get a fucking job, or better yet just go out and make something that others can use other than to play on their fears and greed.

Fri, 06/05/2015 - 08:25 | 6166109 LawsofPhysics
LawsofPhysics's picture

Yes.  As I keep saying, so much of the eCONomy today is simple paper-pushing bullshit, no real new value is being added.

 

In fact, the bankers and financiers are now nothing more than over-compensated useless middlemen between the printer/computer where money is created and the producer/consumer in the real economy.

fuck em.

Fri, 06/05/2015 - 08:29 | 6166120 Oldwood
Oldwood's picture

They, along with their government enablers, are simply overhead expense at best, if one ignores all of the purely destructive shit they contribute.

Fri, 06/05/2015 - 09:14 | 6166304 Bobbo
Bobbo's picture

Why run a casino, when you can just reach out and pluck money directly from pockets?  Casinos have such unnecessary overhead related to all that "competition" bullshit.

Fri, 06/05/2015 - 08:18 | 6166086 One_Two_Trade
One_Two_Trade's picture

Thanks for this article and for the warning. Stock market is doomed to collapse and there's no one who could do anything about it! Once it happens, there will be chaos and pandemonium. Believe me, I'm the prophet of doom! LOL!

Fri, 06/05/2015 - 08:19 | 6166087 agstacks
agstacks's picture

If banks aren't allowed to fail that isn't "any" kind of capitalism. 

Fri, 06/05/2015 - 08:19 | 6166089 One_Two_Trade
One_Two_Trade's picture

Thanks for this article and for the warning. Stock market is doomed to collapse and there's no one who could do anything about it! Once it happens, there will be chaos and pandemonium. Believe me, I'm the prophet of doom! LOL!

Fri, 06/05/2015 - 08:20 | 6166094 One_Two_Trade
One_Two_Trade's picture

Thanks for this article and for the warning. Stock market is doomed to collapse and there's no one who could do anything about it! Once it happens, there will be chaos and pandemonium. Believe me, I'm the prophet of doom! LOL!

Fri, 06/05/2015 - 12:04 | 6166901 gonetogalt
gonetogalt's picture

No need to repeat yourself. We get it.

Fri, 06/05/2015 - 08:24 | 6166103 Chuck Knoblauch
Chuck Knoblauch's picture

I still believe the Chinese will win the war.

America will disappear too.

 

Fri, 06/05/2015 - 08:30 | 6166124 Oldwood
Oldwood's picture

In any war of like competitors, the one who is most strongly motivated will likely win. America is much more concerned with a war within to ever focus much on outside agitations.

Fri, 06/05/2015 - 10:08 | 6166494 Chuck Knoblauch
Chuck Knoblauch's picture

It will begin in America and spread globally.

Fri, 06/05/2015 - 08:24 | 6166107 flyonmywall
flyonmywall's picture

When you have some stupid burger chain buy itself out essentially, you know you've reached peak stupidity.

Where is Wendy's getting the cash to buy half its float from? From its friends at the fucking fed.

Never going to Wendy's again, even though I usually like their stuff.

 

Fri, 06/05/2015 - 09:12 | 6166293 Bobbo
Bobbo's picture

Perhaps they have "washing machines" instead of restaurants?

Fri, 06/05/2015 - 08:27 | 6166115 replaceme
replaceme's picture

I keep seeing that 'had to train their replacements' quote as if it's something new... Any of you working in IT have had to seen / done that before, I know I have, and it was pre 9/11.  That being said, it feels like now is the end of it, whereas before was just the beginning. Good, maybe the end means the beginning of something better. Right now, I'd take the weekend.

Fri, 06/05/2015 - 08:31 | 6166118 John_Galt
John_Galt's picture

the stock market is going the same way as taxi companies,  P2P lending is the future. Why bother with Wall Street when I can log a website and invest directly into a company. This article is only 50% right, technology will mean that we take back the market from the banksters, the holders of the technology will of course be gazillionaires but the rest of us will have a much more level playfield to compete on.

Fri, 06/05/2015 - 09:33 | 6166370 Uchtdorf
Uchtdorf's picture

But you also have to plan on an EMP or nuclear war or earthquakes/volcanoes taking out the majority of the technology. How will we win even without Science?

 

Fri, 06/05/2015 - 08:36 | 6166133 Monetas
Monetas's picture

Unfeted Capitalism ! This late in the game .... blaming Capitalism .... is like blaming the hostage .... in a SWAT team stand off !

Fri, 06/05/2015 - 09:11 | 6166283 Bobbo
Bobbo's picture

Capitalism, per se, is not to blame.  It is greedy owners and pseudo owners who desire to win by destroying the field.

Fri, 06/05/2015 - 08:34 | 6166135 jimfcarroll
jimfcarroll's picture

This article seems confused. After making the point that we aren't seeing "unfettered capitalism" through FED direct (S&P Purchases) and indirect (ZIRP) manipulations, it claims "This is the end game of unfettered capitalism"

Sorry. CEOs are able to "walk around like Somalian warlords" PRECISELY BECAUSE we don't have *UNFETTERED* capitalism.

Did someone from ZH rope Marx into writing this?

Fri, 06/05/2015 - 09:09 | 6166274 Bobbo
Bobbo's picture

I think the point is that capitalism, when unfettered, operates in a way that facilitates the destruction of capitalism.  In other workds, only a "fettered" capitalism is sustainable.  When unfettered it facilitates monopolistic takeover and owner-owner conflict rather than free markets and owher-owner competition.  The goals of monopoly difer greatly from those of the free market.

Fri, 06/05/2015 - 12:13 | 6166936 HopefulCynical
HopefulCynical's picture

The only 'fetter' needed is a policy that says 100% of cheaters go to jail for decades and are stripped of everty last penny. They get $20 and a new suit when they get out. Good luck, don't screw up again.

Remember the baker's dozen? That's because if there were 11 pastries in the bag instead of 12, the baker was executed. THAT is your "fetter" right there, pure and simple.

Fri, 06/05/2015 - 13:08 | 6167111 Diplodicus Rex
Diplodicus Rex's picture

Bobbo, I've got news for you. A bunch of banksters printing currency out of thin air can in no way be defined as capitalism, fetterred or unfettered as you please. All other corruption flows from the ability to counterfeit the currency. As a refresher, capital is what is left over from your income when you have not spent it all. Capitalism is using that catpital for productive use.

Fri, 06/05/2015 - 08:43 | 6166145 agNau
agNau's picture

FX market ????

Wow !

Do NOT follow this link or you will be banned from the site!