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The Greenspan Retirement Rally


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John:

 

"Well, Jim, it certainly looks like the markets are at the tipping point"

 

Jim:

 

"You're right, John. Its amazing how investors are ignoring the coming Oil Shock, triggered by geopolitical events, and Peak Oil, which could send the financial markets into a crisis mode."

 

John:

 

"Jim, it seems that the day of reckoning is upon us, and we should be scrambling for the lifeboats with all the imbalances out there."

 

Jim:

 

"Yes, John, the trade deficits are out of control, we are looking directly at a currency crises, and a major implosion in stock prices"

 

John:

 

"I wonder when Wall St. is going to get it Jim, it seems like investors are intent on picking up pennies in front of a steamroller. And that steamroller is $100 oil, a crisis in confidence in the U.S. currency, and a collapse in real estate prices"

 

Jim:

 

"Well, lets go down to Wall Street as we do at the top of the hour for the market wrapup. U.S. stocks rallied on Friday on the back of good earnings news from major industrial companies such as Caterpillar, and the NYA, DJTA, and RUT made all-time record highs. Emerging markets performed the best with the EEM breaking out over 100 for the first time in history. Earnings have been helped by a virtual collapse in energy costs, as Natural Gas prices posted the steepest, sharpest decline of any commodity in history. Lower energy prices fueled new, all-time highs in consumer stocks such as Starbucks and Nordstroms. The U.S. Dollar spiked to new recovery highs after a weaker than expected GDP report enticed foreigners of every race, stripe, and color to load up on U.S. financial instruments to capitalize on the coming "One and Done" rally. So far, global stock indexes continue to race to new highs, and many of them are posting the largest 3-year rally gains in stock market history."

 

"And now, we go to Tim Wood of the Dow Report. Tim, it looks like stocks completely erased the selloff from last Friday. Are you still in the bear bunker?"

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New business opportunities in excrement!

 

West Coast whale 'vomit' could be worth millions

 

They call it a beachcomber?s dream, but the chances of finding it, are slim to none. This is why a recent find at Streaky Bay of the rare substance ambergris, which is essentially sperm whale vomit, is a coup for a South Australian fishing family.

 

http://www.abc.net.au/eyre/[attachmentid=5...es/s1554273.htm

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Funny piece cribbed from the urbansurvival.com website:

 

"As many of you may be aware, in light of the current nightly Disturbances occurring all over France, the French government has just announced a raise in its terror alert level from "Run" to "Hide". The normal level is "General Arrogance", and the only two higher levels in France are "Surrender" and "Collaborate".

 

The rise was precipitated by a recent arsonist fire that destroyed France's white flag factory in an ethnic suburb of Paris, effectively paralyzing the country's military capability.

 

It's not only the French that are on a heightened level of alert: Italy has increased the alert level from "Shout loudly and excitedly" to "Elaborate military posturing". Two more levels remain, "Ineffective combat operations" and "Change sides". The Germans also increased their alert state from "Disdain" to "Dress in uniform and sing marching songs". They have two higher levels: "Invade a neighbour" and "Lose".

 

Seeing this reaction in continental Europe, the Americans have gone from "Isolationism" to "Find another oil-rich nation for regime change". Their remaining higher alert states are "Attack random countries (ideally those without any credible military)" and "Beg the British for help".

 

The British are also feeling the pinch in relation to recent bombings and have raised their security level from "Miffed" to "Peeved". Soon though, security levels may be raised yet again to "Irritated" or even "A Bit Cross". Londoners have not been "A Bit Cross" since the Blitz in 1940 when tea supplies all but ran out.

 

Terrorists have been re-categorized from "Tiresome" to "Bloody Nuisance". The last time the British issued a "Bloody Nuisance" warning level was during the Great Fire."

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Funny piece cribbed from the urbansurvival.com website:

 

"As many of you may be aware, in light of the current nightly Disturbances occurring all over France, the French government has just announced a raise in its terror alert level from "Run" to "Hide". The normal level is "General Arrogance", and the only two higher levels in France are "Surrender" and "Collaborate".

 

The rise was precipitated by a recent arsonist fire that destroyed France's white flag factory in an ethnic suburb of Paris, effectively paralyzing the country's military capability.

 

It's not only the French that are on a heightened level of alert: Italy has increased the alert level from "Shout loudly and excitedly" to "Elaborate military posturing". Two more levels remain, "Ineffective combat operations" and "Change sides". The Germans also increased their alert state from "Disdain" to "Dress in uniform and sing marching songs". They have two higher levels: "Invade a neighbour" and "Lose".

 

Seeing this reaction in continental Europe, the Americans have gone from "Isolationism" to "Find another oil-rich nation for regime change". Their remaining higher alert states are "Attack random countries (ideally those without any credible military)" and "Beg the British for help".

 

The British are also feeling the pinch in relation to recent bombings and have raised their security level from "Miffed" to "Peeved". Soon though, security levels may be raised yet again to "Irritated" or even "A Bit Cross". Londoners have not been "A Bit Cross" since the Blitz in 1940 when tea supplies all but ran out.

 

Terrorists have been re-categorized from "Tiresome" to "Bloody Nuisance". The last time the British issued a "Bloody Nuisance" warning level was during the Great Fire."

In a similar vein, there's the ever-popular:

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Ready for $262/barrel oil?

 

Two of the world's most successful investors say oil will be in short supply in the coming months.

 

DAVOS, SWITZERLAND (FORTUNE) - Be afraid. Be very afraid.

 

That's the message I heard in Davos from two of the world's most successful investors on the topic of high oil prices. One of them, Hermitage Capital's Bill Browder, has outlined six scenarios that could take oil up to a downright terrifying $262 a barrel.

 

http://money.cnn.com/2006/01/27/news/inter...rtune/index.htm

 

Sweet!!

 

Hermitage's Bill Browder doesn't yet have the stature of George Soros. But his $4 billion Moscow-based Hermitage fund rose 81.5 percent last year and is up a whopping 1780 percent since its inception a decade ago. A veteran of Salomon Bros. and Boston Consulting Group, the 41-year old Browder has been especially successful because of his contrarian take

 

I suck!!

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New business opportunities in excrement!

 

West Coast whale 'vomit' could be worth millions

 

They call it a beachcomber?s dream, but the chances of finding it, are slim to none. This is why a recent find at Streaky Bay of the rare substance ambergris, which is essentially sperm whale vomit, is a coup for a South Australian fishing family.

 

http://www.abc.net.au/eyre/[attachmentid=5...es/s1554273.htm

Frustrated, Drano and Shorty decide their trading time would be better spent looking for ambergris.

post-837-1138398322_thumb.jpg

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New business opportunities in excrement!

 

West Coast whale 'vomit' could be worth millions

 

They call it a beachcomber?s dream, but the chances of finding it, are slim to none. This is why a recent find at Streaky Bay of the rare substance ambergris, which is essentially sperm whale vomit, is a coup for a South Australian fishing family.

 

http://www.abc.net.au/eyre/[attachmentid=5...es/s1554273.htm

 

post-1042-1138398587_thumb.jpg

 

The whale vomit the thing in front.....right?!?!?!

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