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Biderman: "The World Cannot Go Back To The Way It Was"
In browsing the last seven months of video commentary that Charles Biderman, of TrimTabs, has produced, he is clear on one thing, "nothing has changed". With an 'admittedly rigged' stock market now at the behest of global central banks and the slow-motion train-wreck in Europe seemingly approaching the end of its can-kicking-road, Biderman is frustrated by the inane financial media's perpetual belief that we are 'a grand plan' away from a return to the way the world was before the crisis began - "We are not!" Wages and salaries in the US continue to stagnate with a $100bn per month deficit as he is incredulous at the belief that we can go on printing $1.3 trillion to produce $250 billion in spending each year. The US economy will double-dip when the Fed's attempt at rigging the stock market and economy is no longer perceived as viable and as the paisley-wearing pontificater expects both inflation (inevitable with CB printing) and deflation (big banks, European and EM equities thanks to the interventionist policies of the global central banks), he suggests gold as a core holding.
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Biderman!
Did ... did you just double dip the chip?!
http://www.youtube.com/watch?v=1J3w4cS2MvM
The world has to smash the status quo nonsense into pieces in order for common sense to come back.
Patience ye grasshoppas......the pigmen will invent another scam somewhere down the bottom of the barrel....detergent, toilet paper ...anything you MUST have to shave and wipe your ass with will be in shortage. The coffee scam is working good, by the way.
this is strike 2 against the biderman...
excited about buying facefarce for 30.00....strike one
now trying to charge for cutting edge info like .."buy facefarce"....strike 2
one more and ur out biderMAN...and this aint softball
The markets are rigged, the system is unfortunately broken.
Buy Silver, Take your Freedom back!
Looking at this guy, I'm long type-2 diabetes.
fuck this guy:
http://www.nytimes.com/2012/06/15/business/stanford-sentenced-to-110-yea...
why Stanford and not Corzine?
it's obvious why but the media should be asking the question just to make some people uncomfortable and scramble for an excuse.
coz Corzine and Obama are bffs
I said it was obvious! So the media just doesn't dare touch the story? It's an election year. The Romney campaign could bury Obama with that story. But ... but we all know very well that Romney and Corzine are bffs as well.
Where's Ann Barnhardt touring these days? I hope she gets heard much.
Might as well add Ron Paul to that circle jerk. Its even worse in his case..
I would like to believe that wasn't so. Been awfully quiet around Dr. Paul lately. Some rumors that his wife and Mitten's wife are good friends and had their campaign headquarters both in Utah? Is Paul joining the Romney campaign after the convention as running mate and VP candidate?
Who knows and who cares.. I just know he could easily articulate the connections from Corzine - MF Global - FED - to Obama.. As well as Goldman Sachs "managing" Romney's affairs..
But he doesn't.. Coward..
disappointing
Was this guy the Stanford Bullion guy? 110 years is not enough. Paging mr Corzine!!
I wasn't gonna publish this.
But here's the line to the G20 conference call on Sunday 605-475-4825
group password is 473323 (yes, it spells Greece)
So this is off-topic, but what the F* happened with natural gas today? A 15% move in one day?????
short covering
http://www.cmegroup.com/education/market-commentary/energy/2012/06/pre-o...
The supply of natural gas was less than anticipated so shorts got roasted.
http://www.cbsnews.com/8301-505245_162-57453163/us-natural-gas-supplies-grew-last-week/
It's hard to say whether those numbers are true or not. There's a glut of NG but that's besides the point when the frenzy starts in June (!) when we're at lowest demand.
Agreed, NG isn't a great buy here IDK but I think the storage supply being less than expected caused a short rip. Med term NG still has some problems, Long term the hope is that more companies switch to NG instead of coal
Natty gas is American. The infrastructure for NG was overbuilt for a reason. Once there is a fall of the petro dollar, we will be using that spare capacity and then some.
Biderman’s Daily Edge 6/13/2012: Central Banks Can’t Solve Problem, They Are Problem!
http://trimtabs.com/blog/2012/06/13/bidermans-daily-edge-6132012-central-banks-cant-solve-problem-they-are-problem/
$260 a year for your picks. is that deflation adjusted?
Man, does Charles look tired. Time for some R & R, that's well deserved Mr. Biderman. Save your health. The markets will eventually find equillibrium. Take care :-))
Ps. enjoy all your post!
"The markets will eventually find equillibrium."
Yeah, at zero. Buy physical assets or lose everything. You have been warned.
The US economy will double-dip when the Fed's attempt at rigging the stock market and economy is no longer perceived as viable
Not just double dip but take a bullet in the head.
Biderman how is your FB long doing?
Why does everyone love this guy around here?
He repeats things Ive already heard a hundred times before. Does he have anything original to say?
I admire his technical analysis on money flows. But ya, his daily talks are just like Andy Rooney...nice, but after a while got kinda boring.
Biderman long US equities
long tech stocks
Maybe he is Robotrader
or maybe he's the tooth fairy
if he's serious about a double dip and serious about CBs failure then why would he go long tech?
Do you know where Sausalito is?
of course
does that mean if he broadcast from a penthouse in Manhattan he would be long US banks?
it just implies that he's long tech because he lives in the heart of tech hype central.
wish he'd state his reasons for the call on tech.
Why would we want to go back to the way it was? The way it was is what got us here. We need to mark shit to market, abolish the unaccountable Fed, reinstate Glass Steagall, back or currencies with something more substantial than faith, fire our incompetent representatives, eliminate ineffective welfare programs, and work our collective asses off to improve our own lives without government meddling. Yes, I understand all of this is rocket science, but it has to be done. Free rides on free money is an ignorant and destructive way to go through life, and it is certainly no way to build a future.
That we shit is what got you in this problem in the first place. I thought you'd learn your lesson by now, but it appears you haven't. That is fine the real world will educate you where it's time to.
Was that English?
Man this was a tough week! That blast through parity post (ny) close in aud/usd is (not) good. the next real level is 1.01417 area.
Part of a multi wave move down and the daily (steep) downtrend line. The line is just behind the 50% Fibi move from( 1.08573-.93846) some of you may run the Fibi off the recent .9580 low.
This market has so much chop in it, that you can't even trade bars and channels on anything under H-1 charts. The h4-4 charts are looking long in the tooth though. (parabolic sar) lines.
Biderman is really going to lose it once the market takes off after the Eurozone crisis backs off and things get back to normal.
<-- RobotTrader is an idiot
<-- things will go back to normal
You are an idiot as well.
You are an idiot as well.
If you had just added "boring world we live in" and "tempest in a tea pot" somewhere in your post you could have been LWA's twin.
RobotTrader I'm not picking a fight.
Please don't tell me you made Money over the last 5 weeks. That's all I ask?
Tell me you were prudently servicing your family obligations. Tell me anything! Just please accept the fact that we all got hammered last month. The forum wants to be involved with (truthful) traders.
Pussy! This is FIGHT club.
What are you 3? As in teeth left in your head?> Pick your poison. I won't waste my time junking you. walküre
wow
There used to be a bridge behind Biderman, did he blow it to keep the hordes of face eaters out of sausilito or did the chinese need more collateral?
It said normal, thats funny. It forgot to add "New"
The old ST. Bernard looks knackered.
When primary wave 3 down picks up momentum, the herd is going to turn on these people that headed up these major corps and made out like bandits.
It's going to be ugly.
Weekly Dow is looking very weak. http://bullandbearmash.com/index/djia/weekly/
Ahhhhh....the new normal: slow melt ups/no volume, extend and pretend, kick the can, squeeze the shorts...this is getting as bad as Jaws 16
BullyBearish I think you are on to something. +1
Whats 1000 x $260. $260,000
Holy Cow I have a stock pick list for half that price.
Fancy business model. What are the requirements to start an Investment Research firm? Other than a cheap state license? Probably nothing.
Let's do it!
walküre aks quits before it starts. Rides coat tails. You have a big hat, tough guy! Show me some cattle!
he needs to do geiger counter work here
Nickles bitchez...
This guy is turning ZH into a contrary indicator, about like Cramer. The more bad news you pile onto this site, the better the stock market does. Keep it coming!
The stock market's rigged, douchebag.
Dat shirt.
If only he didn't sound like Charles Biderman this would be so much more listenable