Iconoclast421

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  • What Are the Chances Ukraine Just Hit the Second Great Depression?
    It is just as easy to say back in 1929 that we wouldnt get multiple years of 30% contraction. But that contraction is already a matter of policy. It is inevitable. The banker bailouts. The stimulus programs. These will cause the larger contractions to come. It's already set in motion. After the ill-fated stimulus implodes, god knows what foolishness will ensue.

    The market demands a contaction. At least 50%. At this point, any and all resistance to it will be literally a waste of resources. It is that waste of resources that puts millions into FEMA camps and body bags. In the interest of justice, I hope that those camps and body bags will be filled with ONLY those who voted for such a fate (by voting for McBama and the corrupt establishment). Unfortunately, history has shown that justice has its own agenda.
    Dec 29 13:54 pm |Rating: 0 0 |Link to Comment |View article
  • The Bull Case for Hedge Funds (Yes, Hedge Funds)
    And hedge funds are also practically married to CRE. So basically you are saying that there is going to be no CRE bust. That's brave! Where did you find such arrogant confidence? Did you travel back in time to 2006? lol.
    Dec 29 09:02 am |Rating: 0 0 |Link to Comment |View article
  • Three Inconvenient Energy Policy Truths
    Not everyone faced with a $2 or $3 a gallon gas tax will switch to a more efficient vehicle. A gas tax remains the most efficient method of curbing conspicuous consumption.
    Dec 12 13:17 pm |Rating: 0 0 |Link to Comment |View article
  • Geithner!
    Geithner is the head of THE most corrupt of all the Federal Reserve Banks. He sits at the very epicenter of this whole mess. It is the height of folly to bring someone like that into such a position. It is moves like this that compound the problems and ensure that the economy will suffer badly. Mark my words. This stuff is blatantly predictable. All the idiots cheering at this move will not be cheering after 6 months. Prepare for even greater engineered destruction.
    Nov 22 11:02 am |Rating: 0 -1 |Link to Comment |View article
  • Peak Oil's Bell Is Ringing
    It is amazing the level of ignorance surrounding peak oil.

    First of all oil and natural gas are abiotic. This should be obvious to any rational person who can comprehend the sheer amounts of the resources in question. There is absolutely no way any reasonable amount of biomatter could have produced these quantities of oil and gas. It is simply impossible for a biological process of any kind. It is completely ludicrous and there is absolutely no proof whatsoever that there has ever been even 1 tenth of 1 percent of the biomatter necessary to produce this much oil. Yes oil is most definately abiotic. However, it is produced in very small quantities each year, making it finite for all intents and purposes. Go to youtube and type in "conspiracy of science" if you want to Begin to understand where oil really comes from.

    Second, and this is where people really show their ignorance: one cubic mile of oil per year is totally and grossly unsustainable. There is no question of that. So many dominoes have to line up in the proper direction just to get production that high. And now those dominoes are falling en mass. It is ending. But it will take a long time to go from our current one cubic mile per year production to the one cubic furlong of oil that we'll be producing 50 years from now. Note that even one cubic furlong is a heck of a lot of oil. There will always be some amount of oil production, and small pockets of civilization supported by it. But for the unwashed masses, there is only enslavement and dieoff waiting for them.

    The third and most important point is that it IS possible to maintain an advanced civilization of 6-50 billion people given our current allocation of resources. The current economic depression is gifting us with the largest energy supply glut in history. But we seem doomed to fail to take advantage of such gifts. Instead we will allow ourselves to be controlled by eugenics and transumanist propaganda and misled into giving away freedoms and fighting wars and bla bla bla. The species needs to wake up and realize the level of control and power wielded by secret societies. This will ultimately be humanity's undoing. People cannot objectively look at themselves the way we look at an ant colony or a petry dish full of bacteria. That makes them extremely vulnerable to manipulation, including incredibly advanced forms of manipulation.

    There are great occult forces at work, and it is possible and absolutely necessary to design a society in acknowledgement of these forces, in such a way that nullifies their power without ever knowing exactly who or what they are. It doesnt matter who or what the illuminati is. The force itself may not even be of human origin. But such knowledge is not necessary to nullify its power. Nothing in history has ever proven so fatal as willful ignorance.
    Nov 18 16:35 pm |Rating: 0 -1 |Link to Comment |View article
  • D-Day: Does Deflation Draw Near?
    They've been fighting the inevitable deflation for 5+ years now. In 2005 the threat of deflation increased as oil reached its plateau. The average daily crude oil production for 2006-2008 is down vs the average daily production of 2005. That one fact says it all. They knew it was coming, that's why Alan Greenspend printed trillions of dollars and inflated the money supply. Even with a 500% increase in oil prices, oil production is still at or below 2005 levels. And now production is collapsing. Deflation is absolutely unavoidable. Anyone who has been studying peak oil for the last few years should not be surprised.

    Anyone who is surprised by what is happening now should go here:

    www.chrismartenson.com...
    Nov 18 14:03 pm |Rating: 0 0 |Link to Comment |View article
  • Bullion Shortage and Spot Prices Tell Two Different Gold Stories
    The above comment strikes me as completely nonsensical. There is a shortage of gold coins because the sellers are taking large losses on them. Why would you replenish your stock when the price is falling, just so you can lose money? Doesnt make sense. That's what makes deflation so devastating in the first place!
    Nov 18 13:41 pm |Rating: 0 0 |Link to Comment |View article
  • Bullion Shortage and Spot Prices Tell Two Different Gold Stories
    No one has answered my question. They tried inflation in 2002. They printed 5 trillion dollars into a big bubble. It popped. They cannot print 5 trillion more and hope to fix it. Nothing close to that is going to happen. After 6 months, 1 trillion in new money wont even help the market tread water. Gold will not appreciate in a deflationary environment.
    Nov 06 16:35 pm |Rating: 0 0 |Link to Comment |View article
  • Bullion Shortage and Spot Prices Tell Two Different Gold Stories
    The question is, how much of gold is a hedge against inflation, and how much of gold is just another commodity, subject to the same fate as all other commodities over the last few months? What is the percentage, and how do we calculate it? I'm sick of hearing about how the price of paper gold is manipulated. I know that gold is selling off because hedge funds and others are clearing out their positions to lock in profits and offset losses. And I know that many think cash is king right now, and that means selling gold. But I do NOT know how to calculate how high gold will go if say for example the price of corn drops 50%.

    Furthermore, we just had a commodity bubble, so it's really hard to see the same bubble happening again.

    It seems to me that they tried inflation over the last few years, starting especially in 2002. This is what we got as a result. A bout of inflation, and now an even more overvalued market. Even at 8000 it is overvalued, and now its over 9000 again!

    So... now we are either headed to hyperinflation, or DOW @ 1600 and gold @ $90 per ounce.

    IF we go the hyperinflation route, then this criminal cabal in washington will surely attempt to confiscate all gold, because we cant have any intelligent people profitting off their engineered destruction, now can we? Heavens no. And maybe that is ultimately why gold is not rising. It is just not a free market, and maybe gold is simply reflecting that fact.
    Oct 13 16:33 pm |Rating: 0 0 |Link to Comment |View article
  • Energy Storage Opportunities After the Market Carnage
    None of those charts looks very appealing to me. Except for perhaps CBAK. I think put in a buy order for CBAK @ 3.38
    Sep 23 13:02 pm |Rating: 0 0 |Link to Comment |View article
  • The Blame Game, Part I: The Short-Seller Witch Hunt
    Can anyone explain exactly what this means for SKF. What will the overhead be now? Are we talking about more than 1 point per day being lost as overhead? 2? 3? 5? What?
    Sep 19 08:47 am |Rating: 0 0 |Link to Comment |View article
  • SEC Bans Shorting Financials
    Picture the US economy as a hot air balloon. Over the last 8 years it has been shot full of holes (accidentally, wink wink) by Dick Cheney. And now the propane tank is empty and the balloon is falling fast. The government solution? Hand all the passengers a can of beans and tell them to start eating.

    This is a difficult concept to grasp... but short selling actually boosts equities. It allows you to have people both long and short (hedged). (Say 60 long / 40 short for example.) Without shorting, instead of being long and short, You'd have to be "long and cash", or just cash. Since being long and cash is too risky, investment is discouraged. How many times have we read in the history books how the government has discouraged investment? This one will make the history books. But anyway, the banks will get what they need - cash - but the market will tank. It has to, because shorting boosts equities. This will cause the bank losses to multiply. It is a guaranteed thing. The banks will lose more. By its actions, the government has just admitted that we're in a fullblown depression. Before we've had an accompanying market crash. They have just tore a hole in the side of the balloon. Only their hot air is holding it up.

    This is how this criminal cabal will steal all your 401k, pension, everything. After they are done there will be a fire sale of public assets, and 299 million americans will be completely broke with no purchasing power of any kind. All engineered, all predicted, all warned about by "kooks" for years. Should have listened to Ron Paul!
    Sep 19 08:07 am |Rating: 0 0 |Link to Comment |View article
  • How Split Second Program Trading Affects the Market
    Right, I've also had some wild limit orders go through. Sometimes they dont even show up in the chart. Friday I had a limit order for MER @ 14.77. Sadly, it did not go through.

    As for the google thing, I am looking for a screenshot of google's cache for that article they say "had never come across the item before". I bet it was in google's cache, and I bet someone has it.

    And as for Income Security Advisors, they need to fire that moron who thought UAL went bankrupt this year. Something like this could bring the whole market down. Especially during times like these.

    I would not be surprised if someone at google was buying PUTs on UAL...
    Sep 15 09:03 am |Rating: 0 0 |Link to Comment |View article
  • Light the Way with LDK
    to teve: That is possible. Do not let anyone tell you its not. But you're talking about deflation/depression. The answer is to back up your LDK investment with a hedge against deflation. (If there is such a thing.)

    to JoeJoe: did it ever occur to you that STP might be lying their pants off when they say that

    - their non-silicon costs are 70 cents per watt
    - that their silicon costs (wafers) are 70% of total costs?

    It is easy to fudge either of those numbers. We dont know how conservative they are compared to LDK's. Gonna have to wait out the next couple earnings reports to know for sure.
    Sep 08 17:11 pm |Rating: 0 0 |Link to Comment |View article
  • JPMorgan: Why I'm Selling Short
    From a technical standpoint, JPM's chart tells me it is a screaming buy. Shrug. I cant easily bring myself to actually buy it though.

    It really looks like the big dumb money is flooding into financials. Like sheep to the slaughter? Or self-fulfilling prophecy?
    Sep 03 11:32 am |Rating: 0 0 |Link to Comment |View article

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