fed balance sheet stinks

[Jimi]

Actually, there are many of us bears who are not long jan. gold calls and, in fact, may be short gold as traders. And even more of us bears who are long the bucky, because we are deflationists based on the mountain of worthless debt, held by society�€™s major institutions, that is being slowly written down worldwide. Plus, a dollar short squeeze is due, n�€™est pas, with every swinging dick on one side of the boat? These sorts of bears do not consider themselves canon fodder in the retro-capitalist army of gold bugs bent of righteous retribution and reversion to the mean, tho�€™ mean-reversion as an intellectual theorem is a fave of this lot. Longerterm, most of them see gold is bullish, for many years now. Has it been entirely due to asset inflation that is coming to an end? Will there really be hyper-inflation, some fine day?

 

Word, m'man.

 

Word.

[Speakeasy]

Word, m'man.

 

Word.

Thee and me, Jimi! Maybe Doc. Kwave on occasion, but he's a radical agnostic I think.

[jickiss]

jickiss is back!

 

 

 

jickiss is back!

 

and

 

Dear Speakeasy,

 

for sure, your jickiss is quite impressed with your response and analysis of many points made by your jickiss that have been quite bore-ing as they have been repeated too many times.

 

to balance the repetition, your jickiss (to argue in Favour of Self, once) has quoted the very Great Buddha frequently: "So far, Nothing has happened."

 

part of the difficulties that have beset your jickiss have been due to thimking that "Something would Finally Happen! (HooHa, Indeed!!!)

 

First of all, everybody needs to have measures (Benchmarks, in finance terms) for detremining if, for instance, Physical Gold bot at let's say $300 has been "good or bad." To your jickiss, it has been terrible, which your jickiss calls "A Joke."

 

Why, you may ask? Easy: Untill Gold goes up MORE THAN Santa Monica Kali or Newport Beach Kali RE did from the end of the last gold peak to the recent tops, Gold is a Loser. Moreover, the

 

BIGGEST MISTAKE THAT your jickiss EVER MADE ON EARTH HAS BEEN NOT BUYING F 100% IN THE LAST 12 MONTHS OR SO...IT WENT FROM $1.00 TO OVER $9.00 TODAY. F sure beat GOLD!

 

your jickiss frequently refers to your jickiss as "the Leader of the Morans," when having dinner with friends.

 

believe it or not, the wealth of the world is controlled by no more that about 20 top Families or Wealth Holders.....all the rest fill in the lower orders of the pyramid. The rest do not matter at all.

 

what is Very Clear to any one with an analytical bent is that there are really waaaaaaaaaaaayyyyyyyyy too many sheeple on Earth. this must and will change. and within your logical lifetime.

 

Meanwhile, you may have missed, due to bad communication by your jickiss, the point that the biggest group of winners (not counting the above top 20 or so Families, omitted by design here) were, since about 1992-1994 all them with a Public Suctor job that they kept and then used to retire, having produced NOTHING all the while, but yearning much more than any in the so called Private Suctor (you mentioned Autos, etc, they are all Private Suctor, not part of your jickiss's analysis earlier) and who are now collecting. As Shorty has pointed out, just ask how much MONEY in US doolars do you need tonight to invest to collect, let's say, $90,000 per year with inflation increases baked in for life, plus the life of your "spouse." These are the winners, as a group, so far in the USA. the Suckers who have been and are being crushed to pay are the LOSERS. This is merely the truth. But the Suckers don't care, yet, so this truth is really no big deal.

 

but first, let us all hope finally that some fireworks will emerge, a time or moment "When something finally happens"....tonight, da General stated again, with 100% conviction: Heat Treatment by the end of March. Mr. Sinclair has alluded. Mr. Ure as well. You may have other ideas, so let's just see if any are correct in holding this expectation. Madame Sect. of Skate does not look too "HappY" these days, when your jickiss sees her image on da TV....does she look awful to you??? Thimk SHE knows something? Maybe her eyes have only opened lately, years after the Chicago side of da Party had her "bow" and now herself Placed.....ahh, to climb the Ladder Held, indeed.

 

one thing that is missing is a Dines for the Gold Move so far. There is no one recommending Gold and Silver and Miners and Miners Related consistently, and, perhaps, with good reason....Of course, if you have been reading your jickiss, you KNOW that your jickiss Believes Completely that all of the "Loser" top managements in the top 7 or so key Gold Miners and the One (at least) Big Silver Miner have been hand picked and installed to function as a collective Management Group that does virtually Everything Possible against the Common Weal of the Common Shareholders. GG, NEM, AUY, CDE, ABX, etc etc...

 

This is NOT by Accident. If you believe that it is by Accident, or by Chance, then you really ought to study the share issuance and various devices of GG, (one company to start with, you can do'im all if you want) and you will shocked at how horribly the common shares have been diluted.

 

It has been deliberate. Glockman will run this movie Backwards, MARK IT DOWN. Keep Watching the Mangements....soon, very soon, changes will "happen."

 

Granted if the POG were much higher now, this might be easier to ignore, but it should NOT BE Forgiven....Drano was kind enough to show that movie above, when some individual did not do what should have been done, with respect to "Share Holder Interests." In modern finance, with all of the so called Anglo-Saxon Traditions, it is a lot easier to get away with affronts to the Shareholders.

 

Remember, it has been Doc who has kept what he calls "Politics" off limits on this board, so his REquirement has kept may comments that would make the expectations of your jickiss clearer to understand, although for most, impossible to agree with. Doc and your jickiss have completely different definitions of the word "Politics" and to his credit, Doc is at least direct about what he wants and needs to keep running.

 

no matter, your jickiss wants to Encourage All that have open minds to Thimk!

 

to close, tanks a million for your long analysis, (With Art Work, as well), and it is good to thimk that you agree, in some part, with certain of the Observations made.

 

The Very Best Advice that your jickiss tries to embrace every day comes from Mr. Armstrong, who said that the reason he is in Prison is that he Made the One Mistake that he promised himself he would never make; namely, he took one thing for Granted. He thought that the Legal System in the USA was honest. He actually took that for Granted. Incredible, but he said it himself. good grief, indeed.

 

Take Nothing, therefore, for Granted.

these are dangerous time, for sure, double sure,

and anyone who is not Genuinely Afraid Tonight is really just a Moran.

 

best regards to you, Speakeasy, and Tanks!

 

jickiss!!!!!!!

[cwd]

We should mark a high around 11pm-1am like 9 out of the last 10 trading days in gold.

NYC sells it, the Asians buy it.

 

 

Actually that has been going on for years. It is much easier to trade it now with the ICE.

[psyche doctor]

Those looking to trade the March Sugar open at 3:30 AM EST. There is a high probability that today's session could play out similar to yesterday's with a sell off in the early trading hours. The charts below show sugar's short-term over bought condition, where upside is limited and the risk is to the downside.

 

 

 

 

[Jimbo]

MORE PRODUCTIONS FOR 2010@!)

 

Yep govt bonds bad bad bad

 

The worst will default and the best go down in value.

 

Stocks may get sharp falls and recoveries as they ride the shock waves from the sovereign bond losses.

 

Commods will do OK.

 

Banks will have lots more bad debts.