|
|
|
|
| Author |
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Quote:
Back in 9/12 when the SP 500 was at 1440 I wrote that with the advent of QE3 it would go to SP 2250 and that you had to watch out if it got there real quick. But if it got there over time it could go higher beofre it got too risky. The reason the FED was guaranteeing the over and under on Equities. In 2011 I said the economy would only grow at 1.6% to 2.5% In 2012 I said the economy would only grow at the rate of population growth which is apx 1.6%. Which in reality is NO GROWTH. In 2009 I wrote that the Chinese were upset with US fiscal and monetary policy and were going to get away from dependence on the USD as quick as it could without shooting itself in the foot while doing it... In 2010 I mentioned that Western Civilization might be eclipsed and we might be headed for a New Dark Ages where Islam would be the beneficiary. I was told to take e chill pill on that one. In Jan through March of 2009 at the beginning of BO Presidency I wrote extensively that BO had trouble making decisions in REAL TIME. In 2010 I said that BO would face a crisis within 3 years...(2013) where he would come up wanting...and sure enough in 2013 he drew a Red Line and Syria crossed it. In 2011 I said Syria would tun into a Blood bath In early 2013 after the BO reelection I said the swirl of madness sic in society an politics was increasing... In 2009 going forward said power abhors a vacuum and as US power waned chaos and fragmentation would follow as other powers would vie to fill that vacuum. the corollary is that as a leadership is not able to resolve problems they firs lose credibility sic people stopping listening and then they are replace by someone who promise to fix it. So the advent of someone like Trump was no surprise. But screw it, who cares you are only as good as what you bring to the table today. And today you are still a loser.
__________________
Copyright "Some Observer" Last edited by tabs; 07-06-2018 at 02:00 PM.. |
||
07-06-2018, 01:44 PM
|
|
|
Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,882
|
Hey, Sugarwood has strong opinions on the collector car market. Over the long haul, isn't that terribly important?
The yield curve is getting flatter. But no inversion yet. Today, on Fox biz a guest made a comment I thought was appropriate regarding this bull market. Said he looked at it like a healthy 80 year old...yes, still healthy, but long in the tooth. As a 74 year old, I'm aware that death can happen at any time. Anything can trigger it. So it is with a market downturn.
__________________
"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
||
|
07-06-2018, 03:45 PM
|
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Quote:
What the fk do you folks think is happening out there? You have not seen a sustained let alone major correct since the inception of QE3 in 9/12...and I said it at the time for the bug brained. The FED is guaranteeing the over and under on Equities. The EU Central Bank is still printing money at least till 12/18. So is this a normal market forces driven market given these facts? This kind of thinking is evidence you Boyz are living in.la la land. It is the mindset thingy. Lol. Last edited by tabs; 07-06-2018 at 05:13 PM.. |
||
|
07-06-2018, 04:54 PM
|
|
|
Registered
Join Date: May 2017
Posts: 15,527
|
Yawn
|
||
|
07-06-2018, 05:10 PM
|
|
|
Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,882
|
Quote:
__________________
"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
||
|
07-06-2018, 05:22 PM
|
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Everything out there seems to be crazy upside down from HRC not being in jail to the epitome of being off the wall Trump as Prez. To the hysteria of liberals to Russian collusion. It all seems crazy because it is crazy, the USA in particular has suffered a psychotic break. The nation pretends to be rich in the face of not dealing with the reality of being terminally in debt.
If I were to guess the moment that the nation shrugged its shoulders and said ohhh well to the deficits is the moment that the USA reached a point of no return. Welcome to the snake pit. The torment has only just begun. As I said political assassinations being common is next...and now you have Maxine....lol |
||
|
07-06-2018, 05:33 PM
|
|
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Quote:
The end of Glas Steagal didn't end market forces...it just removed a firewall that limited excess. Market forces ended when the economy went on the FED life support system. |
||
|
07-06-2018, 05:47 PM
|
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
The
Last edited by tabs; 07-06-2018 at 06:35 PM.. |
||
|
07-06-2018, 05:52 PM
|
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Quote:
If the notion that the debt is fake gets out (you do not have to repay a fake debt), lending would cease. Do I need to tell you what that would mean? If some American crazies were to start screaming that the debt were fake, foreign bond holders at the very least would get very nervous. So you are warned. Last edited by tabs; 07-06-2018 at 07:32 PM.. |
||
|
07-06-2018, 06:44 PM
|
|
|
Banned
Join Date: Apr 2002
Posts: 31,037
|
Quote:
 . That said...when the dust settles, the USA will still be where we are now (filthy rich by comparison to the ROW)....just a lot less uppity. Some will wither and die when it happens....some will abdolutely thrive....others will thrive and beotch and moan every step of the way....YMMV.Enoying this thread....JYL has put it into the same perspective I hold...we aren't healthy....not by a long shot (debt), and it's being made worse by the current circus in DC. Sadly, it's been the same for almost 4 decades now while the faces keep changing....while spending (borrowing) $ we don't have, with no intention of ever paying it back....jmo. Unsustainable....yes End of the world when we default....nope |
||
|
07-07-2018, 03:57 AM
|
|
|
You do not have permissi
Join Date: Aug 2001
Location: midwest
Posts: 40,466
|
I told U boyz that 9/11 was a bank job for fraudulent securities https://www.wanttoknow.info/911/black_eagle_trust_fund
stolen gold https://www.cnbc.com/2017/02/14/germany-has-got-its-gold-back--they-must-know-something-we-dont.html "Quoting Russian economist Vladimir Katasonov, the news site said the U.S. may have sold Germany's gold bars years ago and hurriedly bought some back as the Bundesbank came knocking." and insurance fraud https://www.infowars.com/911-could-be-insurance-fraud-as-trial-of-conspiring-duo-begins-in-ny-today/ And all the ninja loans for penniless gamblers in the economic cornerstone was bad and corprat bailouts were just executive bonuses https://townhall.com/tipsheet/conncarroll/2015/01/20/sotu-fact-check-obama-bailed-out-banks-on-the-backs-of-the-middle-class-n1945592 https://www.huffingtonpost.com/2014/04/04/wall-street-bonus-alternatives_n_5000118.html https://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/ That Madoffs victims didn't deserve FDIC because it was all private tax-dodging speculative gambling by 2%ers anyways https://dealbook.nytimes.com/2013/11/18/compensation-fund-set-for-feeder-fund-victims-in-madoff-scheme/ And all these tens and tens of trillions, generous money to 'select people' siphoned out of the public coffers, was going to have to be paid off one day. |
||
|
07-07-2018, 04:34 AM
|
|
|
Registered
Join Date: May 2017
Posts: 15,527
|
Tabs is a modern day Henny Penny.
|
||
|
07-07-2018, 05:57 AM
|
|
|
Registered
|
Quote:
These guys have correctly predicted the last 23 out of 8 recessions. Generally, these people have already destroyed their finances, career, and family life with their pathological paranoia. It is a form of mental illness, and I never feel ill will towards these people. Tabs, did you ever buy bitcoin?
__________________
1986 Bosch Icon Wipers coupe. Last edited by sugarwood; 07-07-2018 at 07:21 AM.. |
||
|
07-07-2018, 07:17 AM
|
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Quote:
Some say it was a leaf that fell on Henny's head, others say it was an Acorn but either way ole Henny took it seriously and made the assumption that the end was nigh. If an acorn or whatever it was could fall on his head what would be next, perhaps something bigger? Hmmm that gives you pause for thought? So what was ole Henny's reaction but to panic and run about warning that things fall out of the sky for no apparent reason. OMG!!!! The question becomes was Henny's reaction warranted? Was it a reasonable expectation that if a single acorn fell on his head that something bigger would as well? Well the possibility does exist, but is not likely. So poor ole Henny's reaction was not a reasonable one given the actual level of risk that was being accrued. The question then becomes what is the level of risk where it warrants a serious reaction where one is reasonable in warning of danger? Outcomes when faced with similar situations in history might be a good guide as to the reasonableness of the warning. The situation you are faced with is an UNPRECEDENTED in history globally intertwined economy, that is exponentially increasing it's debt of 225T USD not including the US"s unfunded Accounts Payable of 100T give or take. Which is 7X global income. Not only that but there does not seem to be any concern (which is psychotic>not dealing with reality) and is a disregard for the ramifications and or consequences of accruing that much debt. With higher debt levels the global economy becomes evermore unstable as the natural uncertainty of events increases risk of failure. It becomes a house of cards where any good shake will cause it to all fall down. The more risk the less of a shake that it will take..DANGER DANGER WILL ROBINSON... Civilizations have fallen given similar situations, but never a GLOBAL collapse because there never was a globally intertwined economy before. In the past while a corner of the world might collapse the rest of the world remained intact and carried on as before. DANGER DANGER WILL ROBINSON, you are playing with fire and have no concerns about ramifications. The collapses that you have seen throughout history would be writ large. As I have said who is going to be there to bailout nations states in a crisis.. When the private debt market collapsed in 08 the BIGGER ENTITY OF Government stepped in and subsumed the private debt. The question becomes WHO OR WHAT is going to be big enough to subsume the Sovereign Debt of the nations of the world. The answer is the Aliens or God. The rational and or sane individual should have the fear of God in them for the complete disregard and unconcern for the risks that the collective society is accruing. You and the collective of society are showing virtually no concerns in the face of the increasing risk that you are taking, which means that you are not facing reality but are continuing on in a delusional state which is aka Psychosis. The manifestation of that psychosis is the increasing instability and dysfunctionality in society and politics. Then we have to consider that some observers might mistake someone giving a concerned warning that is reasonably warranted for someone who has had a mere acorn dropped on their head and their warnings are unwarranted given the situation. That observer is obviously missing pieces of the puzzle so that they do not have a complete picture where they can make an informed decision and are jumping to conclusion themselves.
__________________
Copyright "Some Observer" Last edited by tabs; 07-07-2018 at 12:49 PM.. |
||
|
07-07-2018, 12:15 PM
|
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Quote:
__________________
Copyright "Some Observer" |
||
|
07-07-2018, 12:38 PM
|
|
|
Registered
|
Why not?
After all, the world is ending, and the USD is just some printing press fiat. Bitcoin was free money for you.
__________________
1986 Bosch Icon Wipers coupe. |
||
|
07-08-2018, 06:12 AM
|
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Quote:
|
||
|
07-08-2018, 09:49 AM
|
|
|
Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,882
|
Quote:
__________________
"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
||
|
07-08-2018, 10:54 AM
|
|
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Quote:
If everything were swell with the USD...they would never have gained any traction or have any value in the market place...but because people are afraid they are looking for something else....to put their trust in...As there would be no need to look elsewhere if everything were swell. Last edited by tabs; 07-08-2018 at 03:31 PM.. |
||
|
07-08-2018, 02:43 PM
|
|
|
Banned
Join Date: Apr 2002
Posts: 31,037
|
Quote:
|
||
|
07-08-2018, 02:57 PM
|
|
