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have left huge weekly gaps to the upside on all US charts…which if filled will confirm a pull back only…ie potential for sling shot move higher.!!!!!!
sri no link as behind paywall.
they have been shut out for last 2 weeks, the short term ie upto 6 mnths has not closed, as it did in 2008……This is why they had to “save” the SM/banks over the weekend and hope the long term debt mkts recover…if not the short term mkts will freeze and then it’s back to 2008 !!!!!!!
Classic squeeze is hitting the TBTF banks….Under Nirp they can’t earn much if any money on deposit taking, no-one of sound mind will buy their crap derivatives and unless you have GS’s network, insider trading is not paying much. Plus they are still paying staff as if it was 2006 !!!!
So lenders are rightly demanding higher rates on Long Term Bonds/Notes, to lend to a crap business model, just as the Banks ability to pay anything is falling apart……. …..they have at last screwed themselves……..it couldn’t happen to a nicer bunch.
2016: Democratic presidential hopeful Bernie Sanders said Monday his parents would never have thought their son would end up in the Senate and running for president. No kidding. He was a ne’er-do-well into his late 30s.
“It’s certainly something that I don’t think they ever believed would’ve happened,” the unabashed socialist remarked during CNN’s Democratic town hall forum, as polls show him taking the lead in Iowa and New Hampshire.
He explained his family couldn’t imagine his “success,” because “my brother and I and Mom and Dad grew up in a three-and-a-half-room rent-controlled apartment in Brooklyn, and we never had a whole lot of money.”
It wasn’t as bad as he says. His family managed to send him to the University of Chicago. Despite a prestigious degree, however, Sanders failed to earn a living, even as an adult. It took him 40 years to collect his first steady paycheck — and it was a government check.
“I never had any money my entire life,” Sanders told Vermont public TV in 1985, after settling into his first real job as mayor of Burlington.
Sanders spent most of his life as an angry radical and agitator who never accomplished much of anything. And yet now he thinks he deserves the power to run your life and your finances — “We will raise taxes;” he confirmed Monday, “yes, we will.”
One of his first jobs was registering people for food stamps, and it was all downhill from there.
Sanders took his first bride to live in a maple sugar shack with a dirt floor, and she soon left him. Penniless, he went on unemployment. Then he had a child out of wedlock. Desperate, he tried carpentry but could barely sink a nail. “He was a shi**y carpenter,” a friend told Politico Magazine. “His carpentry was not going to support him, and didn’t.”
Then he tried his hand freelancing for leftist rags, writing about “masturbation and rape” and other crudities for $50 a story. He drove around in a rusted-out, Bondo-covered VW bug with no working windshield wipers. Friends said he was “always poor” and his “electricity was turned off a lot.” They described him as a slob who kept a messy apartment — and this is what his friends had to say about him.
The only thing he was good at was talking … non-stop … about socialism and how the rich were ripping everybody off. “The whole quality of life in America is based on greed,” the bitter layabout said. “I believe in the redistribution of wealth in this nation.”
So he tried politics, starting his own socialist party. Four times he ran for Vermont public office, and four times he lost — badly. He never attracted more than single-digit support — even in the People’s Republic of Vermont. In his 1971 bid for U.S. Senate, the local press said the 30-year-old “Sanders describes himself as a carpenter who has worked with ‘disturbed children.’ ” In other words, a real winner.
He finally wormed his way into the Senate in 2006, where he still ranks as one of the poorest members of Congress. Save for a municipal pension, Sanders lists no assets in his name. All the assets provided in his financial disclosure form are his second wife’s. He does, however, have as much as $65,000 in credit-card debt.
Sure, Sanders may not be a hypocrite, but this is nothing to brag about. His worthless background contrasts sharply with the successful careers of other “outsiders” in the race for the White House, including a billionaire developer, a world-renowned neurosurgeon and a Fortune 500 CEO.
The choice in this election is shaping up to be a very clear one. It will likely boil down to a battle between those who create and produce wealth, and those who take it and redistribute it.
http://www.investors.com/politics/editorials/bernie-sanders-the-bum-who-wants-your-money/
Perhaps we’re doomed to be ruled by psychos?
Cots 1 Bugz 0
JS said that as the riggers lose control the POG will oscillate in bigger numbers …
Yes you are right, we really haven’t changed much but I think despite Voltaire’s wisdom, the rabbit hole goes deeper. Why is it that the same sort of people continue to rule over us century after century?
I don’t know the answer, I’m just askin’ 🙂
MM3 probably knows, pretty sure he gets it.
Looks like we have to fight yet another battle with the paper kings.
I hope it gets enough exposure to get all over the USA, and I’d encourage everyone to forward it to as many as possible. I’ve already done so. I’d really like to see that bitch go down in flames.
All The Best, Silverngold
Great Voltaire quote! Still valid 300 years later. Humans really haven’t changed much.
Good article from Moriarty and absolutely spot on.
“To learn who rules over you, simply find out who you are not allowed to criticize”
Voltaire–
is like saying I prefer the Duplicitous bastards I know rather then the Duplicitous bastards I dont know !
The Democrats seem to chosen the ones they dont know …Maybe they are more experienced and have a certain expertise in duplicity that allows them a certain insight to a form more comfortable for them .Maybe they are or more like themselves . Personally I hope they all kill each other ,while they are doing that there leaving us alone . The Mid East is a cesspool of intrigue ,murder ,child and woman abuse incestuous pot of squirming religious snakes and scorpions. Nuclear weapons might improve things there ! It has a cleansing effect ! Like Sunlight.
Most global debt is held in dollars. As the dollar gets stronger there will be greater pressure to pay down this debt and thus more dollars will have to be bought thus making the dollar even stronger.
Martin Armstrong called for a strong dollar long before everyone else and all while the gold promoters kept saying the dollar was going lower. Could you be so kind to show me your predictions of a strong dollar? Marty called the top in Gold in 2011 (intraday was 2011, year end closing high was 2012).
How has listening to these gold promoters worked out for you?
And guess what- the move up in the dollar isn’t even over. There’s more to come. First deflation then inflation later.
You are quick to judge Marty but maybe you should have an open mind. A group of individuals got together to make a documentary about him. He advised Margaret Thatcher and entire nations like Japan and was thrown in jail by a Goldman Sachs bought Judge because he would not hand over his computer model.
Everyone wants his computer model. Maybe they know something you don’t?
tks so much for the “upworthy” link, as I realise u have risked all by provideing such a highly classified link, one that only Obummer and Hellary are allowed to use, seeing as they are “special access programs.” No wonder they appear so smart.
Lol…..cheers.
The rest of the world took too much from America putting us on artificial life support, more gov’t employment bigger gov’t debt, more consumer debt with no down payments etc until Joe Sixpack could not make payments anymore, and be taxed anymore.
In other words, the rest of the world WON. And there is nothing here left to win. The other spoiled welfare countries that influenced and infiltrated the USA, their FUTURE is DEFINATELY in big trouble.
Just like a sinking ship it gets ugly, “every man for himself”. That’s what’s going on globally. Everything is in reverse. “Trump” is a sign and a result. The integration (stupid idea) of all those countries in Europe is also in reverse. You can’t put good countries together with countries that have “baggage”.
That statement is totally incorrect. I’ve written many essays on this on the G-Eagle forum, and saved them all if anyone is interested.
Briefly: Globalization is like a ship. The passengers are the various countries (leaches dependent on the US consumer and taxpayer) The SS Globalization is sinking, and the passengers are in the water trying to survive. The USA will be the strongest swimmer. We’re conditioned to being financially abused since 1913.
The global economy is in decline since the summer 2008. All countries are in decline ONLY since summer 2008, with a loaf under each arm. Only eight years. USA is in decline SINCE 1975, start of importing, making the USA the country in most need. And getting better after 2009 until recently, because TPTB raised the Dollar after June 2014. They will probably push dollar back down to continue the US recovery.
The temporary higher dollar was to help Europe and Japan temporarily.
Martin Armstrong imo doesn’t know anything. Trump knows more.
re my Mr.Copper 2/14 @ 18:01
re your joe12pack 2/14 @ 17:26
“Those Jews are so smart–so crafty–so devious–their spider-like control…”
I would just like to say:
Israeli foreign policy is not the Jewish people.
Moriarty like some others needs to be read with a dose of skepticism. He IS biased.
Israel has a right to defend itself but sometimes their response is out of scale … like bulldozing the homes of families who had a teenage son throwing rocks at the police. This bothers me.
As far as “spider-like control” I try to keep an open mind on things like that.
U.S. dollar==96.815 12:30 Feb 15==+.833
Gold’s M.O. has been to have great looking rallies–studded with all sorts of breakouts and technical confirmations…and then, on no change in fundamentals–with no transition–schizoid-like—-like a patient with a sudden full-blown seizure–just top and start a new leg down…I am not saying that this is the case now-we will know in the fullness of time…the “alibi” for today’s selloff could be the $…but the exaggerated response=gold down $30 is vintage gold action…did anybody buy some DUST Friday nite besides me?
Those Jews are so smart–so crafty–so devious–their spider-like control…behind the scenes–pulls the strings of their puppets they put in power in all the developed countries…their control of world banking and currencies is total–they are the very incarnation of evil…we need to work to help the poor Arabs achieve their real goal which is to finish the job of extermination that the Nazis started…then the world would be healed-the lion would lay down with the lamb…O those gosh-dang squirrely Jews!
For 68 years Israel has–publicly–reached out and begged for peace from the Arabs and got nothing but war and terror in return–I have not heard of any statement by ISIS that they are doing what they are doing because of Israel–they are just a continuation of the bloody, murderous tribal/sectarian mentality that has been the hallmark of the middle east for 100s of yrs–strongmen like Assad–Gaddafi and ole Sadam Hussein are just what the region needs to keep order–like Tito in Yugoslavia did– …whatever Israel has to do to survive is A-OK with me…and they did not plan or aid in anyway 9-11–Moriarity and the other Jew haters can take their “irrefutable” evidence” to the contrary and shove it way up their hindquarters….
U.S. dollar==96.815 12:30 Feb 15==+.833
Gold’s M.O. has been to have great looking rallies–studded with all sorts of breakouts and technical confirmation…and then, on no change in fundamentals–with no transition–schizoid-like—-like a patient with a sudden full-blown seizure–just top and start a new leg down…I am not saying that this is the case now-we will know in the fullness of time…the “alibi” for today’s selloff could be the $…but the exaggerated response=gold down $30—is vintage gold action…did anybody buy some DUST Friday nite besides me?
This one’s for you:
If I make you breakfast in bed, a simple “Thank you” is all I need…not all
this, “How did you get into my house” business!