mishra142 wrote:neil,
dumb question. where do I go to see the current OI?
Morsecode wrote:I do so love reading the unadulterated version of things...even when I only understand bits and pieces of it. The details may fly over my head; the truth seems plain enough.
thanks, Mr. Neil
johnbrickner wrote:I am often amazed at the awareness displayed on this forum.
neilgin1 wrote:NOPE.....I don't think the smackdown is going to work, its 17 Mar 2015, and this just crossed the wire about the "board" gold market from ZH
"For no good reason aside from the algos had their fun to the downside and crude ran its stops, precious metals' futures have suddenly exploded higher on heavy volume... The surge in gold saw approximately $1.2 billion notional traded..."
http://www.zerohedge.com/news/2015-03-1 ... illion-bid
neilgin1 wrote:johnbrickner wrote:I am often amazed at the awareness displayed on this forum.
what its like for the average guy to trade silver futures:
neilgin1 wrote:Shaz, I just saw this lil tidbit....its unremarkable except for one line:
"People have no place else to put their money, and the stock market is getting more than its share. It's very likely that something has to give here. " Sam Zell
"People have no place else to put their money
this article, which highlights high net worth ..........peepul, whining and moaning...maybe scared (good) crying about this dysfunctional global economy
here's the URL
http://www.zerohedge.com/news/2015-03-1 ... deja-vu-gl
also, you'll read about these guys, say allocating 10% of their "portfolio" in metals...what if these men suddenly get VERY frightened, and lose their trust in any paper instrument?....and decide to ramp up to 60-75%?
you could be talking anywhere from 50 to $150 billion slashing its way into the domestic PM PYHSICAL market.
I still maintain.....silver trades up to 150-300, all over the place....then another spike to $750-1000, with Au at 15,000.
crazy?
I had the same response in 98-99, when I said and trade, Crude Oil, first stop $70, then 120. everybody said I was nutz and probably sniffing paint solvents.....
a-yup.
"
Shazbot57 wrote:
Neil. Couldn't agree more. Savers have few options for returns on their money, so the insane equities market has been the recipient. Crazy stoopid! Being in Real Estate, I've been a follower of Sam Zell for decades. I forget where I saw it (probably a movie), but years ago I decided I wouldn't participate in things where everyone else made or "re-made" the rules whenever they wanted. I'm out of the "paper" (equities/bonds) markets. Did I catch the absolute top - no, but I sleep well. All things physical/tangible for me...
I don't know what the trigger will be. I'm not smart enough to figure that one out. Frankly, I think we're brewing a perfect storm, where anything could trigger it, and all the rest will just "pile-drive" us into the ground. Alinsky philosophy at work. My inclination (at this moment) is US losing it's standing as World Reserve Currency. Lots of dollars flooding back into the US. You might want to check out these two links in order. Please excuse the biz solicitation at the end (I am not affiliated with them), but everyone wants to make a living. Still, good info...
http://www.sovereignman.com/finance/ano ... ion-16618/
http://www.sovereignman.com/finance/et- ... nce-16482/
As always thanks for the great info!
neilgin1 wrote:Shazbot57 wrote:
Neil. Couldn't agree more. Savers have few options for returns on their money, so the insane equities market has been the recipient. Crazy stoopid! Being in Real Estate, I've been a follower of Sam Zell for decades. I forget where I saw it (probably a movie), but years ago I decided I wouldn't participate in things where everyone else made or "re-made" the rules whenever they wanted. I'm out of the "paper" (equities/bonds) markets. Did I catch the absolute top - no, but I sleep well. All things physical/tangible for me...
I don't know what the trigger will be. I'm not smart enough to figure that one out. Frankly, I think we're brewing a perfect storm, where anything could trigger it, and all the rest will just "pile-drive" us into the ground. Alinsky philosophy at work. My inclination (at this moment) is US losing it's standing as World Reserve Currency. Lots of dollars flooding back into the US. You might want to check out these two links in order. Please excuse the biz solicitation at the end (I am not affiliated with them), but everyone wants to make a living. Still, good info...
http://www.sovereignman.com/finance/ano ... ion-16618/
http://www.sovereignman.com/finance/et- ... nce-16482/
As always thanks for the great info!
Shaz, nice post, nice dialogue....thank you bru. its good to know one is not alone, even though we are in different areas of operation, May God put His Hand of Protection, over you and yours,
Seems to me, that the manipulative smackdowns by the evil ones are getting harder to pull off. Though they could still put a hurt on board silver, it would be JUST to sneak out of their shorts. That's what it seems to me......obviously we still have not broken out to the upside, the battle is still being waged, but (now) May silver trading at 15.97, almost 43 cents higher isn't bad, its slowly trending in the right direction, but a cold wind can blow at any second.
in the spirit of your post,something rather strange happened in the USD futures trading yesterday. We has a flash crash.....huge. I link you first to the ZH article:
"Dollar Flash Crashes: Currency Market Pulverized As Dollar Implodes After Close"
http://www.zerohedge.com/news/2015-03-1 ... fter-close
I find their charts a bit busy, so here's the chart I look at , its a half hourly
http://futures.tradingcharts.com/intraday/DXM15
its the half hourly, and in two hours, starting at 1604 (EST) we traded from 99.75 to below 95.00 in two hours. That is a HUGE move, which begs the question , what the fig?.....did some bank prop trader get phat finger?....or is it something more?....a presage to the future? like you wrote,
"I don't know what the trigger will be. I'm not smart enough to figure that one out.
neither am I. We KNOW these are not "normal" times, but as the end game?.........I don't know, or the WHY?......dunno.
but that flash crash in the USD sure was spooky.
you wrote: "Being in Real Estate, I've been a follower of Sam Zell for decades. I forget where I saw it (probably a movie), but years ago I decided I wouldn't participate in things where everyone else made or "re-made" the rules whenever they wanted. I'm out of the "paper" (equities/bonds) markets."
I crossed that river 13 years ago....not trusting a jimmy rigged market, imo, when a govt can jimmy rig a market, that outright socialism, or communism....its not true mercantilism, or capitalism.
You're in real estate, huh?...oh boy, you must have some sleepless nights, coz imho, we're at the precipice. the only indicator I use are Lumber futures....I watched it hang at $400 the thousand for while, then a dip to the $350 area, and thought if we crack the $300 level, that's when the warning sign goes off, May closed at 278,80, so.........
I know hammer and nail guys, that travel everyday 3 hours roundtrip to build 30 to 50 units rentals in once former corn fields surrounding our state capitol....the money behind this all is "hot money", because they have been building and building, in three years, they pay off the building and get into the profit zone.....so TOO many high 7 digit net worth guys have just been PILING into this market....and the units were renting. They rent to folks who lost their homes in the last bubble, but now, the rentals are the bubble, coz they ARE overbuilding....and the units they build, are not the kind of buildings that say last past 30 years, plus good ag land is taken out, which is bad.
you wrote:
"Frankly, I think we're brewing a perfect storm, where anything could trigger it, and all the rest will just "pile-drive" us into the ground. Alinsky philosophy at work. My inclination (at this moment) is US losing it's standing as World Reserve Currency. "
couldn't agree more.......perfect storm, indeed....but I believe it all centers on "ERoEI" "Energy returned on energy invested"
(http://en.wikipedia.org/wiki/Energy_ret ... y_invested )
I personally believe we're in the "rocky plateau" phase of peak oil, which is why both the global economy and the world itself is so ablaze.....and why our leadership doesn't want the Middle East stable. But with that, we are making more enemies than friends, but I have no input, which is why (as I've said many times) I bailed and live in a county surrounded in 100 mile circle with other counties, that have populations less than 20,000 folks and no interstates cutting thru....because when we are "pile drived", our communities here, and the polity, sheriffs department, courts, hospitals, etc.....are very well ordered, well cared for.....everybody has multiple firearms, (hunting season) yet there's no crazy talk of revolt, militias...its the kind of place, where if you break down on the county highways, the first car/truck that's passes by will stop and "Bud, you need some help?"
I heard of Alinsky, but I had to wiki him...interesting.....but he was a city dweller,....and these days?, its best to lay low.
When you know a BIG storm is coming, you head down into the tornado shelter. The problem is a whole mess of our countrymen have fallen asleep, or been opiated by mass media,or the fact that a loaf of bread can be had for $1.59, and sliced ham (on special) can be had for 2.59, internet porn is free, mogas at 87 octane is 2.39.....so everythings "okay".....ohhhhhh boy, the awakening will be hellish for a whole lot of people.
Shazbot57 wrote:Neil,
Thanks for the kind words. If people knew how screwed up the Real Estate and banking environment really is, they'd all run screaming into a brick wall. And it's not just here. China has been building "ghost" cities for a decade to keep their people working, backed by worthless paper. Google it sometime. (P.S. I use http://www.duckduckgo.com vs Google because I'm told duckduck doesn't track web visits like Gurgle). Millenials can't buy houses. Too much student debt & only 50% of grads get jobs. Pajama boy is none too happy these days living in Mom & Dad's basement! Might explain Barry's desire to forgive private student loans thru bankruptcy. Funny how they don't mention gooberment student loans, YET.
I have a friend who's a realtor in Idyho and 90% of his substantially large R.E. biz comes from people looking for "preparedness" properties, but the really shocking fact, is that 90-95% of that 90% are gov't employees! All manners of gooberment folks, from city, county, state, & federal agencies. The entire alphabet soup and most highly educated. And all scared and sharing stories that would curl your hair. He's had everything from local LEO's to Princeton educated Federal Gooberment Economists. I'd like to be in Idyho/Montana or Wyoming, but for now I'll have to be content with my "little" hidy-hole in the Ozarks.
Yeah, lots of folks don't know who Alinsky was. Alinsky wrote "Rules for Radicals" (you can find the 12 rules on Wiki) and was a Chicago Community Organizer. He is of a similar philosophy as Cloward & Piven and the Overwhelm the System far-left Progressive movement. Sound familiar? (B.O.) In the 2008 campaign Hillary said she was a modern day Progressive. She cited Alinsky early in her law career. Some believe that is why her transcripts and thesis are sealed by her alma matter.
Anyway, always good to read your posts.
Take care & God Bless!
neilgin1 wrote:Shazbot57 wrote:Neil,
Thanks for the kind words. If people knew how screwed up the Real Estate and banking environment really is, they'd all run screaming into a brick wall. And it's not just here. China has been building "ghost" cities for a decade to keep their people working, backed by worthless paper. Google it sometime. (P.S. I use http://www.duckduckgo.com vs Google because I'm told duckduck doesn't track web visits like Gurgle). Millenials can't buy houses. Too much student debt & only 50% of grads get jobs. Pajama boy is none too happy these days living in Mom & Dad's basement! Might explain Barry's desire to forgive private student loans thru bankruptcy. Funny how they don't mention gooberment student loans, YET.
I have a friend who's a realtor in Idyho and 90% of his substantially large R.E. biz comes from people looking for "preparedness" properties, but the really shocking fact, is that 90-95% of that 90% are gov't employees! All manners of gooberment folks, from city, county, state, & federal agencies. The entire alphabet soup and most highly educated. And all scared and sharing stories that would curl your hair. He's had everything from local LEO's to Princeton educated Federal Gooberment Economists. I'd like to be in Idyho/Montana or Wyoming, but for now I'll have to be content with my "little" hidy-hole in the Ozarks.
Yeah, lots of folks don't know who Alinsky was. Alinsky wrote "Rules for Radicals" (you can find the 12 rules on Wiki) and was a Chicago Community Organizer. He is of a similar philosophy as Cloward & Piven and the Overwhelm the System far-left Progressive movement. Sound familiar? (B.O.) In the 2008 campaign Hillary said she was a modern day Progressive. She cited Alinsky early in her law career. Some believe that is why her transcripts and thesis are sealed by her alma matter.
Anyway, always good to read your posts.
Take care & God Bless!
Shaz,
...
oh boy....whoooo-eeee, 11th hour preppers FROM THE GVT?....the very same people, most locals in Idyho LOATHE....how you think that's going to work out?....you KNOW, that to be part of a real rural community, you got to fit in, live there some years, get to know people, don't be high flautin......."Princeton educamakated econmisks" CANT HELP looking down their noses, and then Idyho boys are mighty suspicious, cause the gvt has pegged them as rebels for decades! "Ruby?".......the lake they took away from Butler?....and the Idyho boys can be some mean MF's.....oh that's gonna be bad....unless they be cool, or some of the locals show kindness.
my area, which is the best kept secret prep area....I been coming up here for over 30 years, got lots of good buddies, coz you need a pack, lone wolf preppers will die. sure I thought of Idyho/Mont/Wyo, but there were a couple things that had me say no...first, too much light and heat on the area, and to the west, you got a huge tgt, Whidbey sub base, to the west, missile fields to the east, and finally, I don't know anybody, ..........you're in Ozarks, well i'm 1100 miles due north...sure the winters are harsh, but I love 'em, kills all the bugs and snakes AND keeps the population density DOWN......coz in normal times, if you cant take or be prepped for some purty hairy winters?.....how you gonna make it, when the SHTF?....plus you ever hear of "Minnesota Nice"?....well, its real and I like it........I like to laugh,and i'm good at making people laugh....goes a long way, plus laughter is to be VALUED in hard times.
one time, survivalblog Jimmy Rawles mentioned my area just ONCE, about 8 or 9 years ago, so I rote an email, saying that's just an area full of hippy commies and one worlders...he never mentioned it again...YeeeeeHawwww, be blessed, n
a typical conversation
rsk1963 wrote:http://www.reuters.com/article/2015/03/19/us-gold-fix-idUSKBN0MF03020150319
Any thoughts on the new "gold/silver regime?"
I think it slightly odd that all of a sudden gold and silver have started seriously moving north 3-17-2015 with the new fraudsters in control starting today 3-20-15.
neilgin1 wrote:rsk1963 wrote:http://www.reuters.com/article/2015/03/19/us-gold-fix-idUSKBN0MF03020150319
Any thoughts on the new "gold/silver regime?"
I think it slightly odd that all of a sudden gold and silver have started seriously moving north 3-17-2015 with the new fraudsters in control starting today 3-20-15.
RSK, thank you for the info........my BP shot up, and when I looked at those haircuts masquerading as men in the first picture, I cant say on a public forum, what I REALLY feel, except that it reminded me that I need my bud to build some stocks...like in the old days, and this adage came to mind while reading the text...."putting the fox in charge of the henhouse".
sadly...someday, when most Americans bellies are empty, then they'll wake up, and quit watching "American Idol", and the RAIN WILL FALL.
but in the meantime, you just got to laugh at all the insanity and WRONGNESS of it all.
be well, n
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