Just a typical holiday reversal...I have been slipping in and out of short positions which has been working... I do this before every major holiday in the US....
My trick is sometimes the market will reverse its positions leading into the holidays...and very easy to read!!!
Don't worry about the FDIC's capital. There is an additional $100 billlion set aside as an "emergency fund" in case the FDIC runs out.
The RBS sent a letter to clients last week to bail from the markets. When the RBS speaks I listen. In April or so last year they said that a "financial tsunami" will hit in October. They were spot on.
I've bagged a whole stack of index puts, so let the markets FALL!!!
is it possible for the stock market to fall while the USD also dives?I thought that when all assets are falling at the same time that only leaves cash as safety, and since so much of the worlds assets are denominated in US dollars then that would cause a scramble for dollars since everything is sold down into them,like a forced demand for dollars?.I'm looking for a good opportunity to buy more precious metal, so want to buy when AUD(my local $) is at its strongest, but if USD is going down?
Good thinking, mindstream. However, rumour has it that the RBA are raising interest rates next month. The Israelis, I am told, have already raised theirs. As for the US dollar, I might switch some of my paypal account into USD, but not very much. I don't have the stomach to take part in this tsunami. I will just watch it from afar, and see how Barack Obomber talks his way out of this one.
I'm making my way through Robert Prechter's book 'Conquer the Crash', and his case is pretty damn solid for a bull market for the dollar, but I'm still struggling with the idea that the Fed can't just deliberately devalue their dollar like they did in the last great depression. All finance ministers came out of the G20 meeting talking about a 'global new deal', and a new bretton woods etc...particularly Gordon Brown was pushing the 'global new deal' to Obama, the two most indebted nations?
On the subject USD which are backed by treasury bonds, is it true that as the demand for treasuries grows that the interest payments the govt has to make on those bonds falls?and so wouldn't this mean that if the US is concerned about defaulting on its debt,then all it has to do is let the markets crash causing fear and flight to treasuries and the dollar again which would reduce the cost of their debt and so postpone any possible currency collapse?and wouldn't this be in the Govt's interests?
Again, good thinking. If enough people pile into bonds, the yield can go negative, and the bondholder will be paying the government to look after his money. This is what happened in the big crash last year. The ideal scenario for the existing bondholder is that the prices of US Govt bonds jumps up, he then sells and buys stocks at a bargain price.
Thanks for the help.I've read/heard a couple of professional currency specialists who are predicting the US dollar to again become the place of safety when the next wave of pessimism comes. Robert Prechter has told all his subscribers to step aside from the markets a week or so ago, but not to do any heavy shorting until he can see confirmation over the next month or two, and since he picked the main crash down, and then the rally starting in March, he may be right again?
Thanks for the tip-off about the 90-day Treasuries. It does look as though a lot of clever people have figured out that there will be a stock crash at some unspecified time in the next three months.
i find it very interesting that the FED now allows ANYBODY with cash to buy a bank...heck they will loan you to money to buy a bank...they have opened the door for crimial syndicates to go into the banking business....well...another syndicate such as casinos, foriegn governments, drug cartels et al...insane
the same thing happened to the 90 day t-bill last year. We'll have periodsof negative t-bill rates going forward. as the stock market begins to trend down will commoditity prices fall at the same rate?
1,000 banks to fail in next two years said John Kanas, whose private equity firm bought BankUnited of Florida in May. "We've already lost 81 this year," he told CNBC. "The numbers are climbing every day.
My perception anything to due with "paper" has a future value of 0.
Example:
Silver Etf's - they are using duplicate bar #'s, now that 's just one variable to check out . FDIC - money in banks is a liability not an asset. Paper money has a future value of 0.
Youve got to give it to them they have done a great job of holding this off, but I think the time is up, but who knows maybe there are pockets of wealth left in society they can leech which will prop it up for another year or two, I hope not I am ready for change.
Just a typical holiday reversal...I have been slipping in and out of short positions which has been working... I do this before every major holiday in the US....
My trick is sometimes the market will reverse its positions leading into the holidays...and very easy to read!!!
myspacesecrets 2 years ago
they will print money, loan it to foreign banks and foreign banks will buy more bonds
FatoDrunkoAndoStupid 2 years ago
Anything to do with the word PAPER has a future value of 0.
boots920 2 years ago
Don't worry about the FDIC's capital. There is an additional $100 billlion set aside as an "emergency fund" in case the FDIC runs out.
The RBS sent a letter to clients last week to bail from the markets. When the RBS speaks I listen. In April or so last year they said that a "financial tsunami" will hit in October. They were spot on.
I've bagged a whole stack of index puts, so let the markets FALL!!!
EliteURBX 2 years ago
I cover these sorts of topics in our newsletter at the site.
myspacesecrets 2 years ago
is it possible for the stock market to fall while the USD also dives?I thought that when all assets are falling at the same time that only leaves cash as safety, and since so much of the worlds assets are denominated in US dollars then that would cause a scramble for dollars since everything is sold down into them,like a forced demand for dollars?.I'm looking for a good opportunity to buy more precious metal, so want to buy when AUD(my local $) is at its strongest, but if USD is going down?
mlndstream 2 years ago
Good thinking, mindstream. However, rumour has it that the RBA are raising interest rates next month. The Israelis, I am told, have already raised theirs. As for the US dollar, I might switch some of my paypal account into USD, but not very much. I don't have the stomach to take part in this tsunami. I will just watch it from afar, and see how Barack Obomber talks his way out of this one.
recessionlover 2 years ago
I'm making my way through Robert Prechter's book 'Conquer the Crash', and his case is pretty damn solid for a bull market for the dollar, but I'm still struggling with the idea that the Fed can't just deliberately devalue their dollar like they did in the last great depression. All finance ministers came out of the G20 meeting talking about a 'global new deal', and a new bretton woods etc...particularly Gordon Brown was pushing the 'global new deal' to Obama, the two most indebted nations?
mlndstream 2 years ago
On the subject USD which are backed by treasury bonds, is it true that as the demand for treasuries grows that the interest payments the govt has to make on those bonds falls?and so wouldn't this mean that if the US is concerned about defaulting on its debt,then all it has to do is let the markets crash causing fear and flight to treasuries and the dollar again which would reduce the cost of their debt and so postpone any possible currency collapse?and wouldn't this be in the Govt's interests?
mlndstream 2 years ago
Again, good thinking. If enough people pile into bonds, the yield can go negative, and the bondholder will be paying the government to look after his money. This is what happened in the big crash last year. The ideal scenario for the existing bondholder is that the prices of US Govt bonds jumps up, he then sells and buys stocks at a bargain price.
recessionlover 2 years ago
Thanks for the help.I've read/heard a couple of professional currency specialists who are predicting the US dollar to again become the place of safety when the next wave of pessimism comes. Robert Prechter has told all his subscribers to step aside from the markets a week or so ago, but not to do any heavy shorting until he can see confirmation over the next month or two, and since he picked the main crash down, and then the rally starting in March, he may be right again?
mlndstream 2 years ago
Guess the rumors about suckering in many for a second round of the stock market fall, and eventual NAU/Amero by mid to late 2010...
Gizziiusa 2 years ago
I enjoy your vids. Thanks.
coultrane 2 years ago 4
Great video as always. 5 stars!
NoesisNRG 2 years ago 2
Dont know alot about the Bond market. Should we take a position in TBT?
zmelli 2 years ago
Eye-opening, Denninger talked about this also.
whiskerchild 2 years ago
Those educated can make money from this collapse. Yes even (when) the dollar devalues greatly.
myspacesecrets 2 years ago
i'm looking forward to this trouble ;-)
buckodcelt 2 years ago
Thanks for the tip-off about the 90-day Treasuries. It does look as though a lot of clever people have figured out that there will be a stock crash at some unspecified time in the next three months.
recessionlover 2 years ago
its just like the web bots are saying....the dollar will collapse between november 2009 and november 2010....GAME OVER !
PREPAREORSUFFER 2 years ago
thanks for the post. 5s and favorite
1mealperday 2 years ago
i find it very interesting that the FED now allows ANYBODY with cash to buy a bank...heck they will loan you to money to buy a bank...they have opened the door for crimial syndicates to go into the banking business....well...another syndicate such as casinos, foriegn governments, drug cartels et al...insane
centervilletn 2 years ago 2
I wonder why the TED spread and the LIBOR have been behaving so well? Any ideas?
shaylo2006 2 years ago
should I buy some AIG stocks?
mrzack888 2 years ago
Are you kidding? It will colapse again.
This is a false sense that things are better.
PorscheB06 2 years ago
John,
the same thing happened to the 90 day t-bill last year. We'll have periodsof negative t-bill rates going forward. as the stock market begins to trend down will commoditity prices fall at the same rate?
huskie767 2 years ago
last year yes!! If i am correct this started happening before a sell off in equities hmmm
Even if commodities fall, longer term a real gem.
myspacesecrets 2 years ago
1,000 banks to fail in next two years said John Kanas, whose private equity firm bought BankUnited of Florida in May. "We've already lost 81 this year," he told CNBC. "The numbers are climbing every day.
truthsabre7 2 years ago
fool and his money shall soon part
freepress666 2 years ago
How did a fool get the money in the first place? Gordon Gecko, Wall Street.
truthsabre7 2 years ago
fairy-dust the very same thing that's holding the economy together
freepress666 2 years ago 2
Thanks myspace! Really appreciate your making these videos. btw, three more banks were shut down in the US late Friday afternoon.
fal2grace 2 years ago
thx for update grace......not good...
myspacesecrets 2 years ago
My perception anything to due with "paper" has a future value of 0.
Example:
Silver Etf's - they are using duplicate bar #'s, now that 's just one variable to check out . FDIC - money in banks is a liability not an asset. Paper money has a future value of 0.
boots920 2 years ago
Thanks for the vid.
I feel like I'm from another planet when I hear anyone in the media or in real life chat about the economy.
MakeCakeNotWar 2 years ago 3
thanks this literally cost us thousands to produce but is already proving to be well worth the investment.
Free scan results can be found at our site see description on right, Enjoy...Myspace :)
myspacesecrets 2 years ago
Youve got to give it to them they have done a great job of holding this off, but I think the time is up, but who knows maybe there are pockets of wealth left in society they can leech which will prop it up for another year or two, I hope not I am ready for change.
Danster82 2 years ago 7
I have my money in Silver/Electronics/First Bank of Mattress!
OmarThePug 2 years ago 6
FDIC has less than 10B left... they may already be broke. They have to be bailed out.
bdc03 2 years ago 8
Great work myspace!!! Thank you!!
medulalumosa9 2 years ago 4
iMafia .. great stuff , thanks !
StandUp555 2 years ago 2
you mean these treasuries ? tinyurlDOTcom / edwnu
DavidAKZ 2 years ago