https://www.zerohedge.com/news/2018-02-28/russians-are-still-coming-hillary-demands-trump-do-somethingJ. Hardy wrote:
ZH is a joke and everyone seems to know that except GOI. The founder was kicked off Wall Street for illegal activities and has since been accused of being part of the Russian disinformation campaign. The place is a cesspool and no rational person gives them any credence.
Maybe the millenials are right. Spend everything now. Go for the experience. Less for them to confiscate later.
That’s called doubling down on stupid.
J. Hardy wrote:
That’s called doubling down on stupid.
Saving enough for Tide pods is doubling down on stupid.
Maserati wrote:
BTW anybody who mistakenly feels that I am a “conspiracy theorist” should read ZH comments.
I don’t think that I have once mentioned the Rothschilds, or freemasonry.
And the virulent anti-semitism there is insane. I wonder how many of their commenters understand the historical basis for jewish banking.
I do agree with their general attitudes about the Fed, fiat currency, fractional reserve banking, etc, but to me those are just basic realities for which, in our time, there are no options in western countries.
Seems like a lot of preppers there. I strive to mot become one of them. That is not an interesting life for me, although I have given it some thought, and am still terrified by the looming spectre of bail-in’s and confiscation.
You mean FEMA isn't building mass incineration facilities, and Auschwitz wasn't a summer camp for families?
Maserati wrote:
The commenters are a mix of rational types and lunatics, with a healthy dose of anti-semites.
Nah you're thinking of LetsRun.com
[quote]Maserati wrote:
"And the virulent anti-semitism there is insane. I wonder how many of their commenters understand the historical basis for jewish banking."
To fail to understand who rules over us is the real insanity.
Ghost of 29 wrote:
You mean ..... Auschwitz wasn't a summer camp for families?
No, but it did have a pool and several orchestras for the inmates, which is a helluva lot more than was given to the Japanese Americans who were put into concentration camps and had their land stolen during WWII.
Hi, K5!
ghost of 29 wrote:
Someone has hacked my handle. I haven't posted here for days.
Actually you have posted here recently. Just look at the last few days to see your posts. To narrow down your search, just look for posts by "Ghost of Igloi" as you often seem to post within just a few minutes of his posts. Also, you can search for the word "Igy" as you often mention him in glowing terms.
K5 detector wrote:
Hi, K5!
Great explanation as to why there was a pool and orchestras in a camp that was supposedly a death camp.
... is not Ghost if Igloi.
“Let me describe to you where I think Jerome Powell is right now as he takes the reins at the Fed. I would liken Powell to General George Custer before the Battle of the Little Bighorn, looking down at an array of menacing warriors. On the left side of the battlefield are the Stocks—the S&P 500s, the Russells, and the NASDAQs—which have grown, relative to the economy, to their largest point not just in US history, but in world history. They have generally been held at bay and well-behaved, but they are just spoiling to show their true color: two-way volatility. They gave you a taste of that in early February. Look to the middle and there waits the army of Corporate Credit, which is also larger than ever relative to the economy, as ultra-low rates have encouraged it to gain in size, stature, and strength. This army is a little more docile right now, but we know its history, and it can be deadly when stressed. And then on the right are the Foreign Currency Fighters, along with the Crypto Tribe, an alternative store of value that only exists because of the games central banks are playing; the opportunity cost of Crypto is so low, why not own some? The Foreign Currency Fighters have strengthened by 10% over the past year. Compounding the problem, they have a powerful, ascending leader, the renminbi, to challenge the US dollar’s hegemony as the reserve currency. All of these forces have been drawn to the battlefield because of our policy experiment with sustained negative real rates.
So Powell looks behind him to retreat. But standing there is none other than Inflation Nation, led by the fiercest warmongers of them all: the Commodities. He might take comfort that he is not alone on the battlefield. But then he looks over at the Washington, DC, fiscal battalion and realizes they are drunk on 5% deficit beer. That’s what Powell is facing, whether he recognizes it or not. And how he navigates this is going to be fascinating to watch.”
—Paul Tudor Jones
You sure know how to pick 'em.
https://www.cnbc.com/2017/06/13/hedge-fund-legend-paul-tudor-jones-main-fund-is-down-this-year.html
Portia wrote:
Five of eight indexes on our world watch list have posted gains through Monday, February 26, 2018. The top performer is Hong Kong's Hang Seng with a gain of 5.28%. In second if our own S&P 500 with a gain of 3.96% followed by India's BSE Sensex with a gain of 1.87%.
Oh, “our world watch list” is struggling a bit lately.
I watched Powell in the Senate, what a patsy. I think he’s a serious moron. Anybody with bipartisan support is fully owned. He’s a perfect instrument.
Interesting two days in the markets.
Maserati wrote:
I watched Powell in the Senate, what a patsy. I think he’s a serious moron. Anybody with bipartisan support is fully owned. He’s a perfect instrument.
Interesting two days in the markets.
Economy has a strong foundation, even though it is built on a mountain of debt (sand).
Enter the PPT.
And if I may ask, please don’t insert things in quotes so that it appears that I wrote them. Not that anyone cares, but if that continues I will be out of here immediately.
