• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

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Tyler Durden's picture




 

Repeat the following with increasing vigor...

Source: Citi

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Tue, 04/03/2012 - 15:10 | 2314115 nobusiness
nobusiness's picture

Too bad you have to be a day trader to follow this cycle as it goes 360 degrees in hours not months or weeks or even days

Tue, 04/03/2012 - 15:13 | 2314142 maxmad
maxmad's picture

The cycle works until it doesnt Tyler.... We are on the edge of the cliff with Dow 2k as the floor...

Tue, 04/03/2012 - 15:31 | 2314243 idea_hamster
idea_hamster's picture

But where's the part where people create value through combining land, labor and capital in response to the demands of transactors in the marketplace?

Oh, wait -- I stopped reading too soon:

Source: Citi

All they know is that their bonus bread is fiat buttered on the side of the command economy overlords.

Tue, 04/03/2012 - 16:11 | 2314438 Comay Mierda
Comay Mierda's picture

you forgot the step immediately before the market selloff:

"Goldman Sachs tells muppets equities are the opportunity of a life time"

Tue, 04/03/2012 - 16:45 | 2314548 ndotken
ndotken's picture

It occurs to me that I was perfectly content in nonexistence for billions and billions of years, until, without my permission, I was born, and forced to survive.

Tue, 04/03/2012 - 18:31 | 2314822 ManOfBliss
ManOfBliss's picture

Brilliant. Thanks for that.

Tue, 04/03/2012 - 18:45 | 2314863 eatthebanksters
eatthebanksters's picture

It looks like a 'how to' instruction for a double dutch rudder!

Wed, 04/04/2012 - 00:58 | 2315492 rocker
rocker's picture

Just think, we only look like a glass 90% fool, (full).  LOL

Wed, 04/04/2012 - 08:43 | 2315897 RiverRoad
RiverRoad's picture

And all timed perfectly for Obama's reelection.  Do-si-do and around we go folks!

Wed, 04/04/2012 - 15:15 | 2317321 Sokhmate
Sokhmate's picture

I think the life cycle is all backwards-- You should start out dead-- Get it out of the way-- You wake up in an old age home, feeling better every day-- You get kicked out for being too healthy; go collect your pension-- Then, when you start work, you get a gold watch on your first day-- You work 40 years until you're young enough to enjoy your retirement-- You drink alcohol, you party, you're generally promiscuous and you get ready for High School-- You go to primary school,you become a kid, you play, you have no responsibilities, you become a baby-- Then, you spend your last 9 months floating peacefully with luxuries like a central heating, spa, room service on tap, larger quarters everyday-- Then you finish off as an orgasm! It's got to be better this way, 'cause this getting old sucks!

Tue, 04/03/2012 - 18:51 | 2314881 Dre4dwolf
Dre4dwolf's picture

what ? what is this ? some kind of business? lol we dont do "business " anymore in America............ we gamble the retirement funds of millions of people to make a few million in bonuses and charge administrative fees.

Productivity? pssshhhhh a relic of the past.....

Value creation???? psssshhhhhh the only value we need is the VALUE WE CAN STEAL.

"investments" pssssssh a cover phrase for "we stole your money two months ago and your balance still says its there until you go to withdraw it".

XD

Welcome to America, 2012.

Tue, 04/03/2012 - 15:43 | 2314298 Pool Shark
Pool Shark's picture

 

 

"JAAAAAAANE!!!"

"STOP THIS CRAZY THING!!!"

http://www.youtube.com/watch?v=5DxDEoDojJ4&feature=related

Tue, 04/03/2012 - 17:27 | 2314644 DCFusor
DCFusor's picture

It's the 21st century.  Where's my flying car?

Tue, 04/03/2012 - 18:41 | 2314851 The Disappointed
The Disappointed's picture

'R'oh r'ow!'  said Astro

Tue, 04/03/2012 - 15:45 | 2314312 dwdollar
dwdollar's picture

You don't know the power of the dark side... Bernanke MUST print.

Tue, 04/03/2012 - 16:13 | 2314450 Jethro
Jethro's picture

We can only hope that Benanke is mentioned alongside Diocletian in the history books...

Tue, 04/03/2012 - 16:03 | 2314408 Cash-NonCash
Cash-NonCash's picture

This cycle works when we add the Edward Jones Cycle of Investor Emotions chart overlay. Dither>Euphoria>Time to Rebalance> or some such crap...  Keep the 99% in the market bitchez!!! SSSLLUURRRPPPPPP

Tue, 04/03/2012 - 15:13 | 2314144 strannick
strannick's picture

That was comforting, thank you Tyler. Bring on the vigor!

Tue, 04/03/2012 - 15:16 | 2314169 mayhem_korner
mayhem_korner's picture

 

 

Did we blow through jalapeno and jump to concentrated habernero?

Tue, 04/03/2012 - 15:18 | 2314182 whatsinaname
whatsinaname's picture

what sell-off ? I dont see one. The lemmings are crawling up the walls again..

Tue, 04/03/2012 - 15:34 | 2314263 Zero Govt
Zero Govt's picture

Precisely ...the "End of the World is Nigh" hysteria is still at fever pitch but there's probably 3 years before we fall off a cliff again

we're going to kick the can for a long while yet, relax everyone, time aplenty to prepare for the meltdown

Tue, 04/03/2012 - 16:12 | 2314441 SheepDog-One
SheepDog-One's picture

'Probly 3 years'....you know no such thing, stop acting like you do.

Tue, 04/03/2012 - 20:48 | 2315138 Chump
Chump's picture

Pass to the left.

Tue, 04/03/2012 - 15:55 | 2314344 iDealMeat
iDealMeat's picture

PPT's got a bazooka..  algos are the ammo..

Tue, 04/03/2012 - 15:57 | 2314356 Sudden Debt
Sudden Debt's picture

I know what you mean.... I'm looking for the arrow that says "bathroom" and I can't find it either....

Tue, 04/03/2012 - 15:59 | 2314375 HarryM
HarryM's picture

Actually I think we've stalled inbetween outlook improves and Policy Makers dither

Tue, 04/03/2012 - 20:26 | 2315094 BLOTTO
BLOTTO's picture

Wash->Rinse->Repeat

=

...'and so there is nothing new under the sun.'

-King Solomon

 

The Calendar rules us. Monday to Friday. Take your precious two days off and go back to work...

 

History is merely repeating itself...

Tue, 04/03/2012 - 15:10 | 2314118 BigMike
BigMike's picture

But Jim Sinclair said the bottom was in at gold $1,650!!!!!

Tue, 04/03/2012 - 15:23 | 2314158 strannick
strannick's picture

 

Sell Mike, sell! Sinclair was off by 6 bucks. Then see what recommendations Crammer has for you.

Sinclair also called $1625 gold for 2011 back in 2007!!!!

Tue, 04/03/2012 - 15:28 | 2314223 LowProfile
LowProfile's picture

Absent money printing gold will likely sell off, but ultimately not as hard as everything else.

I've corresponded with Sinclair trying to correct some of his errors (mostly about other's positions, which he misrepresented), and IMO Sinclair is far, FAR too arrogant for his own good...  And therefore the good of anyone who takes his advice w/o taking that particular character "aspect" into account.

I think Faber has this right near term.  Faber thinks it's still in a correction, but continues to buy physical gold, although he is hedging his position with USD and Asian dividend paying equities.

Tue, 04/03/2012 - 15:35 | 2314272 strannick
strannick's picture

You were trying to correct some of Sinclair's errors? Sorry, who is arrogant?

Sinclair sold his gold at the peak in 1980 when he saw the rate rise writing on the wall. Sinclair called $1625 gold for 2011 in 2007 when it was utterly audacious to do so, and was roundly ridiculed. 

The best thing you can do regarding Jim Sinclair is to sew your mouth shut like Big Mike, take his advice and enjoy the ride.

Tue, 04/03/2012 - 15:52 | 2314331 LowProfile
LowProfile's picture

Read carefully you yapping little prick:  Sinclair clearly misrepresented some people's positions, I politely tried to correct him (so he wouldn't come off as a boorish, ignorant asshole), and he arrogantly dismissed me.

So go ahead, keep your nose firmly planted in his sphincter and slavishly follow every word he says.  I personally like to make up my own mind (but I understand how that's too hard for some people).

Tue, 04/03/2012 - 18:50 | 2314878 The Disappointed
The Disappointed's picture

 and he arrogantly dismissed me.

I arrogantly dismiss you, as well.

FWIW

Wed, 04/04/2012 - 01:09 | 2315503 strannick
strannick's picture

I  cant really imagine you politely trying anything, Internet Tough Guy

You go ahead and make up your own mind if it makes you feel empowered, while guys like Sinclair and Gold Hounds in general rake it in.

Wed, 04/04/2012 - 03:57 | 2315606 dogbreath
dogbreath's picture

I quit following jsmineset.com  because it was like a broken record.  buy buy buy.  I like dan norcini better.     Jim never called over bought and kept telling everyone its going higher instead of warning that there could be corrections.   He is a cult leader who reveals enough to convince but not enough to educate challengers.   He has huge credibility but says little of merit anymore.  Like I said a broken record.    Don't get me wrong I have huge repect because he was a formative part of my education, my problem is he holds back and he knows way more than he's telling. 

Tue, 04/03/2012 - 15:57 | 2314358 Non Passaran
Non Passaran's picture

Huh? I bought few Oz after Benny's announcement and I'm just starting (since I last loaded up at 1500).

Tue, 04/03/2012 - 15:10 | 2314122 Hippocratic Oaf
Hippocratic Oaf's picture

Sitting in cash, waiting for the next sell-off

Tue, 04/03/2012 - 15:36 | 2314276 strannick
strannick's picture

Sitting on gold, waiting for the blast off

Tue, 04/03/2012 - 15:59 | 2314368 Sudden Debt
Sudden Debt's picture

Sitting on silver, waiting for the nova

Tue, 04/03/2012 - 16:11 | 2314439 Commander Cody
Commander Cody's picture

Sitting on the can, waiting for a movement.

Tue, 04/03/2012 - 15:10 | 2314123 SheepDog-One
SheepDog-One's picture

And retail still wont show up.

Tue, 04/03/2012 - 15:11 | 2314124 GeneMarchbanks
GeneMarchbanks's picture

You could really be just about anywhere at any time. It matters not.

Tue, 04/03/2012 - 15:19 | 2314184 Vince Clortho
Vince Clortho's picture

Quantum Mechanics and the Uncertainty Principal.

As near as we can tell, we are nowhere.

Tue, 04/03/2012 - 15:25 | 2314226 GeneMarchbanks
GeneMarchbanks's picture

This is what happens when you enter a purely symbolic sphere: a mindfuck.

Unlike physics, none of this shit actually exists.

Tue, 04/03/2012 - 18:55 | 2314891 The Disappointed
The Disappointed's picture

Are you saying that fiat currency doesn't actually exist!

Get my broker on the line!

Tue, 04/03/2012 - 15:26 | 2314230 Gazooks
Gazooks's picture

road to

Tue, 04/03/2012 - 16:49 | 2314557 Dugald
Dugald's picture

At impulse speed.....warp factor 1 next....

Tue, 04/03/2012 - 19:03 | 2314905 The Disappointed
The Disappointed's picture

In The Hitchhiker's Guide To The Galaxy movie, the spaceship they stole, The Heart Of Gold, had a maximum speed at 'Ludicrous' speed.

I think the next big upleg in the POG will be as "ludicrous' speed.

FWIW

Tue, 04/03/2012 - 15:11 | 2314125 CClarity
CClarity's picture

Dizzy         vertigo

Tue, 04/03/2012 - 15:13 | 2314128 Tsar Pointless
Tsar Pointless's picture

Really? I thought I was here.

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