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Biderman: "The World Cannot Go Back To The Way It Was"

Tyler Durden's picture





 

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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Thu, 06/14/2012 - 17:49 | Link to Comment SilverTree
SilverTree's picture

Biderman!

Thu, 06/14/2012 - 18:03 | Link to Comment Matt
Matt's picture

Did ... did you just double dip the chip?!

http://www.youtube.com/watch?v=1J3w4cS2MvM

Thu, 06/14/2012 - 18:20 | Link to Comment dlmaniac
dlmaniac's picture

The world has to smash the status quo nonsense into pieces in order for common sense to come back.

Thu, 06/14/2012 - 18:40 | Link to Comment Rainman
Rainman's picture

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. 

Thu, 06/14/2012 - 19:19 | Link to Comment smlbizman
smlbizman's picture

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

Thu, 06/14/2012 - 18:45 | Link to Comment Silver Bug
Silver Bug's picture

The markets are rigged, the system is unfortunately broken.

 

Buy Silver, Take your Freedom back!

Fri, 06/15/2012 - 04:21 | Link to Comment ChickenTikka
ChickenTikka's picture

Looking at this guy, I'm long type-2 diabetes.

Thu, 06/14/2012 - 18:00 | Link to Comment walküre
walküre's picture

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.

Thu, 06/14/2012 - 18:02 | Link to Comment financial apoca...
financial apocalyptic contagion's picture

coz Corzine and Obama are bffs

Thu, 06/14/2012 - 18:13 | Link to Comment walküre
walküre's picture

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.

Thu, 06/14/2012 - 18:18 | Link to Comment iDealMeat
iDealMeat's picture

Might as well add Ron Paul to that circle jerk. Its even worse in his case..

Thu, 06/14/2012 - 18:18 | Link to Comment walküre
walküre's picture

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?

Thu, 06/14/2012 - 18:24 | Link to Comment iDealMeat
iDealMeat's picture

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..

 

Thu, 06/14/2012 - 18:49 | Link to Comment walküre
walküre's picture

disappointing

Thu, 06/14/2012 - 18:01 | Link to Comment yabyum
yabyum's picture

Was this guy the Stanford Bullion guy? 110 years is not enough. Paging mr Corzine!!

Thu, 06/14/2012 - 17:49 | Link to Comment walküre
walküre's picture

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)

Thu, 06/14/2012 - 17:49 | Link to Comment ElvisDog
ElvisDog's picture

So this is off-topic, but what the F* happened with natural gas today? A 15% move in one day?????

Thu, 06/14/2012 - 18:01 | Link to Comment junkyardjack
junkyardjack's picture

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/

Thu, 06/14/2012 - 18:11 | Link to Comment walküre
walküre's picture

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.

Thu, 06/14/2012 - 18:33 | Link to Comment junkyardjack
junkyardjack's picture

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

Thu, 06/14/2012 - 18:06 | Link to Comment sunaJ
sunaJ's picture

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.

Thu, 06/14/2012 - 17:50 | Link to Comment LMAOLORI
LMAOLORI's picture

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/

Thu, 06/14/2012 - 17:53 | Link to Comment Zen Bernanke
Zen Bernanke's picture

$260 a year for your picks.  is that deflation adjusted?

Thu, 06/14/2012 - 17:59 | Link to Comment earleflorida
earleflorida's picture

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! 

Thu, 06/14/2012 - 18:13 | Link to Comment sitenine
sitenine's picture

"The markets will eventually find equillibrium."
Yeah, at zero. Buy physical assets or lose everything. You have been warned.

Thu, 06/14/2012 - 18:03 | Link to Comment lolmao500
lolmao500's picture

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.

Thu, 06/14/2012 - 18:04 | Link to Comment veyron
veyron's picture

Biderman how is your FB long doing?

Thu, 06/14/2012 - 19:08 | Link to Comment Bay of Pigs
Bay of Pigs's picture

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?

Thu, 06/14/2012 - 19:19 | Link to Comment Mark123
Mark123's picture

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.

Thu, 06/14/2012 - 18:05 | Link to Comment junkyardjack
junkyardjack's picture

Biderman long US equities

Thu, 06/14/2012 - 18:19 | Link to Comment walküre
walküre's picture

long tech stocks

Thu, 06/14/2012 - 18:29 | Link to Comment junkyardjack
junkyardjack's picture

Maybe he is Robotrader

Thu, 06/14/2012 - 18:31 | Link to Comment walküre
walküre's picture

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?

Thu, 06/14/2012 - 19:05 | Link to Comment oddjob
oddjob's picture

Do you know where Sausalito is?

Thu, 06/14/2012 - 19:44 | Link to Comment walküre
walküre's picture

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.

Thu, 06/14/2012 - 18:08 | Link to Comment sitenine
sitenine's picture

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.

Thu, 06/14/2012 - 19:00 | Link to Comment NidStyles
NidStyles's picture

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.

Thu, 06/14/2012 - 19:46 | Link to Comment walküre
walküre's picture

Was that English?

Thu, 06/14/2012 - 18:16 | Link to Comment Yen Cross
Yen Cross's picture

 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.

Thu, 06/14/2012 - 18:38 | Link to Comment RobotTrader
RobotTrader's picture

Biderman is really going to lose it once the market takes off after the Eurozone crisis backs off and things get back to normal.

Thu, 06/14/2012 - 18:57 | Link to Comment sitenine
sitenine's picture

<-- RobotTrader is an idiot

<-- things will go back to normal

Thu, 06/14/2012 - 19:01 | Link to Comment NidStyles
NidStyles's picture

You are an idiot as well.

 

Thu, 06/14/2012 - 19:01 | Link to Comment NidStyles
NidStyles's picture

You are an idiot as well.

 

Thu, 06/14/2012 - 19:07 | Link to Comment Saro
Saro's picture

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.

Thu, 06/14/2012 - 19:22 | Link to Comment Yen Cross
Yen Cross's picture

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.

 

Thu, 06/14/2012 - 19:55 | Link to Comment walküre
walküre's picture

I'm not picking a fight.

Pussy! This is FIGHT club.

Fri, 06/15/2012 - 00:34 | Link to Comment Yen Cross
Yen Cross's picture

 What are you 3? As in teeth left in your head?>  Pick your poison. I won't waste my time junking you. walküre

 

Thu, 06/14/2012 - 19:57 | Link to Comment fuu
fuu's picture

wow

Thu, 06/14/2012 - 18:41 | Link to Comment booboo
booboo's picture

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?

Thu, 06/14/2012 - 18:43 | Link to Comment booboo
booboo's picture

It said normal, thats funny. It forgot to add "New"

Thu, 06/14/2012 - 18:45 | Link to Comment Jolly.Roger
Jolly.Roger's picture

The old ST. Bernard looks knackered. 

Thu, 06/14/2012 - 18:46 | Link to Comment orangegeek
orangegeek's picture

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/

Thu, 06/14/2012 - 18:49 | Link to Comment BullyBearish
BullyBearish's picture

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

Thu, 06/14/2012 - 19:12 | Link to Comment Yen Cross
Yen Cross's picture

BullyBearish   I think you are on to something. +1

Thu, 06/14/2012 - 19:11 | Link to Comment q99x2
q99x2's picture

Whats 1000 x $260. $260,000

Holy Cow I have a stock pick list for half that price.

Thu, 06/14/2012 - 19:57 | Link to Comment walküre
walküre's picture

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!

Fri, 06/15/2012 - 00:38 | Link to Comment Yen Cross
Yen Cross's picture

walküre aks quits before it starts.  Rides coat tails. You have a big hat, tough guy! Show me some cattle!

Thu, 06/14/2012 - 19:37 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

he needs to do geiger counter work here

Thu, 06/14/2012 - 20:05 | Link to Comment francis_sawyer
francis_sawyer's picture

Nickles bitchez...

Thu, 06/14/2012 - 21:14 | Link to Comment Go Tribe
Go Tribe's picture

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!

Thu, 06/14/2012 - 22:21 | Link to Comment wretch
wretch's picture

The stock market's rigged, douchebag.

Fri, 06/15/2012 - 01:41 | Link to Comment Locodonkey
Locodonkey's picture

Dat shirt. 

Fri, 06/15/2012 - 03:18 | Link to Comment icanhasbailout
icanhasbailout's picture

If only he didn't sound like Charles Biderman this would be so much more listenable

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