Loading ...If, the big word, if we’re back in the buy the dips mode, we’re in a dip.
Ipso – Ha
Yes! A beer or burger tomorrow – I swear!
I tell myself it’ll be just a couple more months almost every day I go to work. 🙂
fyi–May 24, 2016
MAY 24, 2016 / 5:15 PM / A YEAR AGO
DoubleLine’s Gundlach says U.S. stock market is ‘dead money’
NEW YORK (Reuters) – Jeffrey Gundlach, the chief executive officer of DoubleLine Capital, said on Tuesday that the rally in U.S. stocks, which began on Monday, feels like a short squeeze and characterized U.S. stocks as “dead money.”
“The market is not incredibly healthy,” Gundlach said in a telephone interview, noting recent corporate earnings have come in weak. Gundlach, who oversees $95 billion at Los Angeles-based DoubleLine, said the S&P 500 index .SPX “has gone nowhere in the past 12 months to 18 months.”—May 24, 2016
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AND THEY ALL WENT DOWN IN SMOKE–
[but R640 is here to tell u that now the wolf really IS at the door…as we solemnly remember all the disgraced bears since 2007]
The Roll Call:
SACS IS BEARISH finance.yahoo.com
HULBERT SEZ INSIDERS SELLING DEC 2012 marketwatch.com
and again MARCH 2014 marketwatch.com
Hulbert sez itsa bubble marketwatch.com
PETER SCHIFF 3-17-14 CRASH COMING
moneymorning.com
DOUG KASS 01.09.13
businessinsider.com
DOOMSDAY OCT 19 2012 marketwatch.com
YAPPIN BOUT TULIPMANIA IN 1982
workers.org
AUGUST 2012 BILLIONAIRES BAGGING OUT moneynews.com
SEPT 2015 BILLIOAIRES STILL BAGGING OUT
moneymorning.com
CAT…everbodies looking down reuters.com
GOLD Message 28420560
DAVID TICE businessinsider.com
RUBEANIE BABY,,,,The world is coming to an end… business.financialpost.com
the RUBE……
Note: Bubbles Are Invisible To The People Inside The Bubble
Sooner or later, some news event will create, or trigger, the tipping point.
My good buddy Bob Hoye=one of the savviest ole veterans of the financial mkts.
BOB HOYE
PUBLISHED BY INSTITUTIONAL ADVISORS SEPTEMBER 7, 2017
Don’t Let the Smoke Out
This article is not about wildfires in California and the Pacific Northwest.
It is about cars and speculative financial markets.
When tinkering with old cars it is best not to go near the wires as there is weirdness there. The red ones are definitely taboo. But if you must fiddle with them, be careful not to let the smoke out. The engine will not run. Sometimes the smoke will come out all on its own – same thing – the car won’t run.
A good thing about new cars is that you can’t see the wires. What you can’t see, shouldn’t worry you. So, new cars run forever. 1
Because they are not widely watched, the wires in the financial markets are not worrisome either. With no visible threats, bull markets run forever.
With always outstanding corporate management and the genius of the Fed, adversity is limited to setbacks.
Although not familiar with the smoke theory, quite likely the Fed is doing everything it can to keep the smoke in.
Fortunately, there are technical measures that are warning that the financial wires are getting very hot. The hottest since 2007 and 2000. Bubbles, in any century, are dangerous and failure has been signaled by changes in the credit markets.
What about the climax of this bubble?
Most of the great stock bubbles have clocked a regular timing pattern. 2017 is the year that a great bull market could become hot enough to conclude. Since the advent of modern financial markets by 1700, most of the great stock bubbles have concluded in the ninth year after the climax of a great speculation in commodities.
This history would not be put forward if there weren’t signs of excessive speculation ( ) in the ninth year of the equivalent in commodities ( ). The big high in commodities was in 2008.
1 A story from the late 1920s is worth passing on. Back then cars were unreliable and a common question was, “How is your car running?”.
A jokester responded with, “It is running so well it takes two mechanics 15 minutes just to turn it off”Â
The Angry Geologist knows his stuff
Nevada Zinc – not all Zinc deposits are equal
http://angrygeologist.blogspot.ca/2016/11/nevada-zinc-not-all-zinc-deposits-are.html
Buygold
“a couple of months”
Izzat like “Free Beer Tomorrow?” 🙂
Couple things jump out at me
Oil up above $50, USD drifting a little lower, Bitcoin China getting crushed.
Chinese may not let Bitcoin play when the yuan/gold/oil comes to fruition.
Oil should skyrocket if we lose the Petrodollar.
Gold should also skyrocket, but it will be the last thing to move.
Just a couple more months….
To all my fWends here: For me the macrobiotic diet rules but here is another similar resource I recommend-check it out.
How Not to Die: Preventing, Arresting, and Reversing Our Top 15 Killers
As part of his book tour, Dr. Greger has compiled all of the most compelling evidence from his last four annual year-in-review talks into one presentation, in which he explores the role diet may play in preventing, treating, and even curing our leading causes of death.
Â
Heart Health
I was only a kid when doctors sent my grandmother home in a wheelchair to die at age 65. Diagnosed with end-stage heart disease, she had already had so many bypass operations the surgeons essentially ran out of plumbing—the scarring from each open-heart surgery had made the next more difficult until they finally ran out of options. Confined to a wheelchair with crushing chest pain, her doctors told her there was nothing else they could do.
I think what sparks many kids to want to become doctors when they grow up is watching a beloved relative become ill or even die. For me, it was watching my grandma get better.
Soon after she was discharged, a segment aired on 60 Minutes about Nathan Pritikin. He had been gaining a reputation for reversing terminal heart disease and had just opened a new center—a live-in program where everyone was placed on a plant-based diet and then started on a graded exercise regimen. My grandmother somehow made the trek to become one of its first patients. They wheeled her in, and she walked out.
Later featured in Pritikin’s biography Pritikin: The Man Who Healed America’s Heart, she was described as one of the “death’s door people”:
“Frances Greger…arrived in Santa Barbara at one of Pritikin’s early sessions in a wheelchair. Mrs. Greger had heart disease, angina, and claudication; her condition was so bad she could no longer walk without great pain in her chest and legs. Within three weeks, though, she was not only out of her wheelchair but was walking ten miles a day.”
At that time, reversing heart disease didn’t even seem possible. Drugs were given to try to slow the progression, and surgery was performed to circumvent clogged arteries to try to relieve symptoms (literally bypassing the problem), but the disease was expected to worsen until you died. Today, we know that as soon as we stop eating an artery-clogging diet, our bodies may start healing themselves, in many cases opening up arteries without drugs or surgery.
By the time I became a doctor, giants like Dean Ornish, M.D., had already proven beyond a shadow of a doubt what Pritikin had shown to be true. Using the latest high-tech advances—cardiac PET scans, quantitative coronary arteriography, and radionuclide ventriculography—Dr. Ornish and his colleagues showed that heart disease, our leading killer, may be reversed with the lowest-tech approach—diet and lifestyle.
Floridagold
Way to go Maya! 🙂
I wonder what he thinks about gold?
Yikes
Bitcoin Crashes 35% In Chinese Trading: Second Largest Exchange To Halt All Trading
I sit in a bulled up forum for Ethereum
now these dumb punks are more bulled up than ever. Constant talk about ferrari’s and lambo’s now eating mud and pounding sand. These guys are 10 times worse than Goldbugs at the $1,900 top in Gold. If there was ever a crowd that needs to go through the squeezer it’s this group….people are watching these chumps get clocked and are laughing. When Gold gets pounded for a 20% hit in one week, it’s different, because some bullion banker has to barf up the real deal. The other side, I’m not so sure about
No thanks on cashless weed
I don’t need people snooping anymore than they already do. Cross cancel the bad guys who poison weed with all sorts of harsh chemicals, insecticides and fungicides. This opens the door to personal growers who do what they love and keep it organic. Never trust a dispensary, they only grow to make huge profits
Lead Story ZH
Former UBS Trader Arrested, Charged With Rigging Gold Prices.
Mean while somebody caught a story published today on Kitco written by Jeff Christian that “Gold manipulation talk is simply nonsense.”
The death of malls/retailing.
Simon Property Group, Inc. (SPG)
NYSE – Nasdaq Real Time Price. Currency in USD
Add to watchlist
160.40+2.85 (+1.81%)
At close: 3:59PM EDT
160.43 +0.03 (0.02%)
After hours: 4:03PM EDT`
From ZH
Ye of little faith. Â Not only is sentiment irrelevent for stock to continue to rally, so are fundamentals, economic indicators, and actual investors themselves. Â As long as we have the Instituitions bidding up stocks amongst themselves via the Central Banks, there is no limit to how high stocks will go. Â Which is good. Â Since stock prices HAVE to go up forever and ever for our entire financial system to work.
Â
UBS Fears False Dawn In Stocks: “We Don’t Have The Sentiment For A New Breakout”
While asset-gatheres and commission-takers are celebrating the record highs in stocks – after the world did not end last weekend – UBS Technical Analyst team is a little less sanguine, fearing that this move to new record highs in the S&P could well be another false breakout due to a lack of sentiment signals in derivatives-land, and breadth breaking down.
On the one hand, the SPX is making marginal new all-time highs but on the other hand, we have the very steep 2016 bull trend underpinning the market coming under pressure to further deliver – if not break this trend.Â
Florida
Looks like you got busy and prepared and was worth it. Looks like they need to get busy with the gas situation. As far as generators I’m guessing those solar ones would come in handy since it’s so sunny there.I heard their quieter and maybe don’t know not subject to carbon dioxide poisoning or over heating so can maybe be brought inside if people have to leave or worried about theft. If anything to power a small air conditioner, refrigerator and computer or TV.
Looks like they caught a bunch of the looters in Little Haiti. Didn’t know they had a town called Little Haiti lol Talking about ingrates. Florida takes them in after a disaster gives them free housing and what do they do when you have a disaster? Loot
Was talking to a friend in Texas who was just getting water restored and not even in the hurricane zone and still has to boil it. One of her friends saw the rain during the hurricane go up about 2 inches was gonna take a nap but decided to evacuate with her 6 or so animals. Good thing she did because the water filled her house abouve her head and her neighbors had to be rescued. I told her I didn’t hear about any looting there because it was Texas and they probably were afraid they’d get shot. She said after Katrina that when people came from LA crime went up because in LA they don’t get much time for crime. They’d be right back out. They found in Texas they were gonna stay awhile and some wanted to go back.
Cashless
Hawaii now has Medical Marijuana dispensaries. Because the banking system will not service these businesses for fear of Federal retribution, the business deals only in cash. Of course this is a potential problem for thefts. So now the state is strongly encouraging the dispensaries to adopt a smartphone app for cashless purchases. The payment app is a Colorado-based Credit Union that also handles a lot of Colorado payments and has good experience with this. I guess the Credit Union gets around some of the federal banking rules and regulations enforcement since it is a state-based financial institution.
Looks like an area that Bitcoin could make some inroads.
And it looks like the over-reaching feds are slowly being ‘deClawed’ in the financial enforcement sector.
Rogers is definitely not subject to hyperbole
I’ve always heard him say that “when gold comes down a little bit, then I’ll buy some more”
Odd that he mentions GDX? So, whatever he perceives is coming won’t be cataclysmic and the stock markets will remain standing?
Sounds like he’s anticipating the Yuan/gold/oil currency.
Just a couple more months… 🙂
New algo
 onthedeschutes  Sep 13, 2017 10:44 AM
Here is an algo that works…every time…when headline reads “Massive Risk”, or “Ugliest Chart”, or “Biggest Fear”, etc etc …expect new all time highs on the indices within hours. Â It’s worked amazingly well for the past 9 years.
Clinton State Department silenced Contractors on Benghazi security lapses
part:
EXCLUSIVE: Security at the State Department’s Benghazi compound was so dire that another contractor was brought in to clean up the mess just two weeks before the 2012 terror attack – and was later pressured to keep quiet by a government bureaucrat under then-Secretary of State Hillary Clinton, according to two men from the American security company.
Brad Owens and Jerry Torres, of Torres Advanced Enterprise Solutions, say they faced pressure to stay silent and get on the same page with the State Department with regard to the security lapses that led to the deaths of four Americans.
Greetings To All, And Very Happy All The Southern Goldbugs Rode Out Ms. Irma !
Busy the last few days so not been around here much. Best to all of you. Recovery is the word of the day, including our PM’s.
Stupid banksters. <spit>
🙂
Floridagold
Welcome back! 🙂