Gear Up!

Tyler Durden's picture




 

From Mark Grant, author of Out Of The Box

Gear Up!

Carry the battle to them. Don't let them bring it to you. Put them on the defensive and don't ever apologize for anything.”

 

                                        -My fellow Missourian, Harry S. Truman

“Gear up!” That is what I say to you this morning. Open your closet door, drag out the flak jacket from 2009, lace up your boots, unlock your guns, bring out the ammo and get ready to go at it one more time because the placid fields of Verdun, long silent, finds the Germans and the French at it once again and we are all about to be dragged back into it; like it or not. There is quite serious business afoot and, just like in war, the political statements made are nothing more than propaganda to mislead the enemy and the enemy is YOU.

“A good battle plan that you act on today can be better than a perfect one tomorrow.”

 

                                         -General George S. Patton

YOU are the portfolio managers and overseers of capital that the European politicians want to mis-direct, assure in the politest of terms and provide a constant barrage of made-up data to in the hope, and now in the last-ditch hope, that you will not abandon their playing field and withdraw your money. Some of the money in Europe cannot find another home because it is coerced or forced or beholden to Europe through a variety of spider webs concocted by various nations and the European Union. That money, then, is locked up and cannot withdraw. The money that can be withdrawn though is fleeing now as the dangers grow with the passing hours and the denials of various governments, the IMF and the EU and the pitch of the denials only enforce my rational fear that various crises have, in fact, spun out of control. Having lived through and predicted the calamities in Greece, Ireland, Portugal I hear the distinct echoes of days past right before the Falls of Empire  that are rebounding off the mountain peaks once again. Listen! Hold your ear to the breeze and you too may hear the screams of anguish; the faint calls to battle.

“The bugle-call to arms again sounded in my war-trained ear, the bayonets gleamed, the sabers clashed, and the Prussian helmets and the eagles of France stood face to face on the borders of the Rhine.”

 

                                          -Clara Barton

Just because you can only vaguely hear the battle nor see the encampments does not mean that that the fight has not begun. It is the socialist countries on the left and the austerity bastion, the countries with money, on the right and they are locked in the push and shove of dominance. The have-nots want the riches of the haves to be employed and the nations with higher standards of living do not wish to give up their place in the world order to support the weaker nations and to see their standards of living decreased by the process. The European Central Bank is caught in the middle and yesterday’s pleas by Draghi represent the squeeze of the vise grips in which they are caught. The ECB has been forced to accept collateral, securitizations that have a value of pennies while other claims are made but loans are now coming due and not being paid, Real Estate values have plunged in many countries and are not being recognized and the assets on the books of the ECB are nowhere near what is being publically touted and Mr. Draghi is more than well aware of the implications and consequences and is screaming out into the void in frustration. It may not be yet that the financial markets in Europe are locked-up but I can assure you that the political markets are already locked-up as no one wants to admit anything or take the hits necessary to bring the valuations back from fantasy land to the land of reality where the actual cannot be denied.

It is to be, as I have stated many times before, Treasuries up, equities down, the Dollar up against the Euro, credit spreads out and risk off, off and off. Counterparty risk must be assessed again and again and don’t just look at the bed sheets but peer under the bed with a real seriousness of purpose. Just because there is no place to hide, and there is not, does not mean that preparation is not called for once again. Greece, Spain, Portugal and Italy are all worsening infections and the diagnosis, having been wrongly made, and mostly being ignored out of the fear of having to use the prescription, will lead to the wrong medicine and the medicine being wrongly applied.

“I call to mind the navy great
That the Greeks brought to Troye town,
And how the boistous winds did beat
Their ships, and rent their sails adown;
Till Agamemnon's daughter's blood
Appeased the gods that them withstood”

 

                                          -Henry Howard, Earl of Surrey

0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 06/01/2012 - 08:14 | 2483103 Rastadamus
Rastadamus's picture

I can't afford a gun. Will a toothpick do?

Fri, 06/01/2012 - 08:19 | 2483120 AbelCatalyst
AbelCatalyst's picture

To those ZHer's who think you're ready: you're not! Gold, guns, and beans just ain't going to cut it... We are about to enter a very dark time, a level of chaos this world has never experienced.

I have a tremendous respect for those here who speak the truth, uncover dishonesty, and don't back down... You all are survivors and you will find a way to do well in a bad situation!

All the best!!!

Fri, 06/01/2012 - 08:22 | 2483138 GetZeeGold
GetZeeGold's picture

 

 

Gold, guns, and beans just ain't going to cut it...

 

True dat.......but a least it's a start.

 

Fri, 06/01/2012 - 08:30 | 2483175 Rubbish
Rubbish's picture

My gold is losing more value than a new car driven off the lot.

 

I'll stick with green and guts.

Fri, 06/01/2012 - 08:36 | 2483228 Killtruck
Killtruck's picture

...priced in what? Dollars?

Is it losing value or dropping in price?

Fri, 06/01/2012 - 09:38 | 2483672 somecallmetimmah
somecallmetimmah's picture

Hey, I just want you guys to know.  I'll be right behind you,

Every.

Step.

Of.

The.

Way.

Fri, 06/01/2012 - 08:23 | 2483140 LeonardoFibonacci
LeonardoFibonacci's picture

I'm locked and loaded.  Bring it on!

Fri, 06/01/2012 - 08:27 | 2483165 MuppetMaster
MuppetMaster's picture

MOAR GUNS!!

Fri, 06/01/2012 - 08:50 | 2483360 GMadScientist
GMadScientist's picture

Less ammo!!

Fri, 06/01/2012 - 09:39 | 2483680 Lednbrass
Lednbrass's picture

A level of chaos this world has never experienced? What?

You really dont know much about human history, do you?

Fri, 06/01/2012 - 09:55 | 2483779 Population Bubble
Population Bubble's picture

A lot more people now than ever means that any replay of historical chaos promises to be much more chaotic.

Did you know there are now more people alive on the face of the planet than have lived throughout all of human history?  That is in an interesting characteristic of exponential growth.

Fri, 06/01/2012 - 10:08 | 2483872 Philidor
Philidor's picture

"Did you know there are now more people alive on the face of the planet than have lived throughout all of human history?  That is in an interesting characteristic of exponential growth."

Nice urban legend, but untrue.  More people dead than alive, say the population experts.  And as far as the math is concerned, it depends largely on the coefficient in the exponential function...

Fri, 06/01/2012 - 12:06 | 2484473 blunderdog
blunderdog's picture

There are too many different numbers to take any of them too seriously.  I saw one population expert claim that there were 100 billion dead "people," but he was classifying homo erectus as "people."  That sounds like bullshit.

Fri, 06/01/2012 - 19:11 | 2486310 NumNutt
NumNutt's picture

Damn, that is a lot of zombies.......gonna need more ammo....

Mon, 06/04/2012 - 05:44 | 2491003 Ar-Pharazôn
Ar-Pharazôn's picture

totally untrue... if you look on the net some1 already calculated the number of humans that passed on our planet... estimated in 100 bilions

Fri, 06/01/2012 - 09:51 | 2483727 BobPaulson
BobPaulson's picture

Anecdotes for Russia in the 90s indicate that the best tool for survival is a good relationship with your neighbours and with the local mafia. Also handy skills for repair and fabrication of small things is good.

So, unless you are planning on being the local mafia (possible if your network of trained and armed people is large enough), keep your arms hidden for emergency. You are at a huge disadvantage if you are at a fixed location trying to fend off the mob. Unless you are in a fortress with a water and oil well drilled in the basement and underground hydroponic carrot farm, don't get too cocky.

Fri, 06/01/2012 - 10:59 | 2484129 Zymurguy
Zymurguy's picture

The only precious metals I invest in are lead, brass and blued steel.

Who runs bartertown?

Fri, 06/01/2012 - 11:45 | 2484397 A Nanny Moose
A Nanny Moose's picture

You are really bringing me down. Is 0845 too early to start drinking?

Fri, 06/01/2012 - 15:50 | 2485622 Mentaliusanything
Mentaliusanything's picture

Well my view is its 5pm somewhere in the World.

Bottoms up old son

Sat, 06/02/2012 - 00:28 | 2486778 HungrySeagull
HungrySeagull's picture

Bottoms up will get you drunk very fast.

Faster than you would like.

=)

Sat, 06/02/2012 - 01:11 | 2486811 kiwidor
kiwidor's picture

Yes, it's too early.  A gentleman won't drink before 11am.  (unless it's a Brandy emergency)

 

 

Fri, 06/01/2012 - 21:33 | 2486571 Retarded Rabid Elk
Retarded Rabid Elk's picture

Attempting to prep with gold, guns, and beans may not garantee you survival - But not doing anything to prepare is a garantee of non-survival.

Fri, 06/01/2012 - 08:21 | 2483127 ArkansasAngie
ArkansasAngie's picture

Pitchforks for sale. 

Bargain prices on tin foil hats

Truth serum ... back ordered

Fri, 06/01/2012 - 08:48 | 2483345 NewWorldOrange
NewWorldOrange's picture

Ironically, the DOLLAR is on sale! LMAO!

There will be profit for those here who ACT. I posted this a few days ago: Well at least one POOR guy is fast growing rich off these fucks:

Been short EUR/USD for nearly a month, as well as NZD/USD and AUD/USD. Scaled in for two weeks. ALL IN NOW. Do or die. Thanks Tyler. The incessant "gloom and doom" on Europe definitely encouraged me. I owe you buddy;:

HERE'S HOW YOU GET RICH OFF THIS SHIT PEOPLE

Sun, 05/06/2012 - 17:37 | 2401652 NewWorldOrange "It's going to be a very interesting summer." Yes indeed it is. Perhaps even better than last summer (for currency traders.) As for this evening, I think AUD/USD and/or NZD/USD are better shorts than EUR/USD. Always great "risk off" trades, especially on a Sunday evening after such a weekend. Whether the markets perceive increased volatility much in part due to the Europe elections, a decline in global markets, or are still just pricing in the Friday's jobs report, there is likely to be a flight to the "safety of the US dollar" (yeah, I know - LMAO too) and when that happens the Aussie and Kiwi usually take a real beating. Especially if commodities markets are trending down as they have been.

Shorted both and EUR/USD Friday afternoon. Just closed EUR/USD. Just added BIG to my already sizeable shorts on AUD/USD and NZD/USD. I'll either wake up with a huge profit or most of my earnings from the past two months wiped out. Because sometimes you just gotta' go for the gusto.

[UPDATE 5-30-12: I got back in EUR/USD shorts the next week...closed my AUD NZD shorts last week...still in the EUR/USD short and in fact just went all in on that with a target of 1.21...}

[UPDATE 6-1-12: The Big EUR/USD SHORT: The gift that keeps on giving! Break below 1.23 imminent...]

(I think I'm allowed to gloat a bit especially after the past few days, heh. I'M RICH BITCHES!)

Thanks again Tyler! I owe you buddy!

Fri, 06/01/2012 - 08:28 | 2483166 BandGap
BandGap's picture

The best thing we can all do is find those who we love and trust. That costs nothing.

Fri, 06/01/2012 - 08:59 | 2483410 Normalcy Bias
Normalcy Bias's picture

Agreed, but choose very carefully those with who you place your love and trust. In the recent past, I placed both in some of my immediate family members because I believed I could trust them, and it cost me dearly. We live in a sick excuse for a society, so be wary. It's getting closer to 'everyman for himself.'

Fri, 06/01/2012 - 08:58 | 2483403 FubarNation
FubarNation's picture

Anyone can afford a Hi-Point pistol or carbine.  Made in the good ol' USA too.

Fri, 06/01/2012 - 09:25 | 2483591 Go Tribe
Fri, 06/01/2012 - 10:29 | 2483993 Abitdodgie
Abitdodgie's picture

My friend had one of those , a word of warning do NOT try to fire it without ear plugs.

Fri, 06/01/2012 - 09:10 | 2483477 Soul Train
Soul Train's picture

Fight Club prepared, and ready. Tyler leads.

Fri, 06/01/2012 - 08:16 | 2483106 jjsilver
jjsilver's picture

The fearmongering here makes infowars look like birthday party

Fri, 06/01/2012 - 08:18 | 2483114 Burr's 2nd Shot
Burr's 2nd Shot's picture

Shhh, go back to sleep, sweetie.  The wise men will take care of everything for you. 

Fri, 06/01/2012 - 08:26 | 2483152 GetZeeGold
GetZeeGold's picture

 

 

Yeah.....those guys are experts. Been doing pretty good so far.

 

Fri, 06/01/2012 - 08:30 | 2483176 otto skorzeny
otto skorzeny's picture

you will learn more from observing fools than you will from a wise man

Fri, 06/01/2012 - 08:29 | 2483116 Gully Foyle
Gully Foyle's picture

Sums this  article up nicely, especially the end.

Macbeth:
To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player,
That struts and frets his hour upon the stage,
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.

Fri, 06/01/2012 - 08:19 | 2483125 my puppy for prez
my puppy for prez's picture

Are you sure your name shouldn't be "Scarlet"?

Oh, wait.....I think I hear Rett calling you!

Fri, 06/01/2012 - 08:32 | 2483197 Rock the Casbah
Rock the Casbah's picture

yea jj - history definitely tells us - "it's all ok, nothing will come of this...".

Fri, 06/01/2012 - 08:17 | 2483109 SonOfSoros
SonOfSoros's picture

Armed with a mouse. There's going to be furious clicking in the next 14mins and in the coming month.

Fri, 06/01/2012 - 08:17 | 2483113 cnhedge2
cnhedge2's picture

Q&A on the European Debt Redemption Fund http://www.cnhedge.com/thread-6595-1-1.html

Fri, 06/01/2012 - 08:19 | 2483118 GeneMarchbanks
GeneMarchbanks's picture

Worthless.

Fri, 06/01/2012 - 08:20 | 2483121 Ljoot
Ljoot's picture

"You ain't got no friends on the Left (You're Right!).

You ain't got no friends on the Right (You're Left!).

Hound dog (One two)

Poontang (Tree Frog)

Hound dog, poontang, coontown (I'se white!)."

Fri, 06/01/2012 - 08:52 | 2483372 GMadScientist
GMadScientist's picture

Niggerhead Ranch Skit Jamboree?

Fri, 06/01/2012 - 09:52 | 2483760 IAmNotMark
IAmNotMark's picture

+1 for the Firesign Theatre

Fri, 06/01/2012 - 08:19 | 2483123 Dragline
Dragline's picture

"Once more into the breach!"

Fri, 06/01/2012 - 08:20 | 2483124 disabledvet
disabledvet's picture

"they call it a Crazy Ivan." Hunt for Red October.

Fri, 06/01/2012 - 08:20 | 2483128 the not so migh...
the not so mighty maximiza's picture

Heat em up people,  lob some tactcal nukes over the shoulder and go in blazing

Fri, 06/01/2012 - 08:20 | 2483129 Thomas
Thomas's picture

You bet. My entire portfolio is a flak jacket, poised to defend against tail risk. I have been in this position since 1999, and it has worked well most of the time. The irony is that these bets carry their own risk, seemingly more so now. There is truly no place to hide. I feel like I am doing duck-and-cover drills like in the early 60s. Flak jackets may not cut it.

Fri, 06/01/2012 - 09:14 | 2483499 gmrpeabody
gmrpeabody's picture

And crawling under this desk ain't helping any....

Fri, 06/01/2012 - 08:22 | 2483137 repete
repete's picture

You forgot "hey that one is still wiggling"

                            Leuitenant Calley

Fri, 06/01/2012 - 08:23 | 2483144 Itch
Itch's picture

"Chaka, Chaka, Chaka, Chaka Khan Chaka Khan, Chaka Khan, Chaka Khan Chaka Khan."

-Chaka Khan.

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