Showing posts with label Oral literature. Show all posts
Showing posts with label Oral literature. Show all posts

Sunday, December 17, 2017

Doug Casey On What Happens After The Next 9/11

Authored by Doug Casey via InternationalMan.com,


Is a police state in the US possible? Absolutely.



That’s because people are essentially the same the world over, regardless of their culture, religion, race, or what-have-you. A certain percentage of them are sociopaths.


There is a standard distribution of sociopaths across time and space. It’s a function of Pareto’s Law, better known as the 80-20 rule. 20% of the people do 80% of the work. Another 20% are responsible for 80% of the crime. 20% of the population always winds up with 80% of the wealth. And so forth, through all areas of human endeavor. This observation can be represented by a bell-shaped curve—a “standard distribution”—with a small minority at each extreme, but the large majority in the middle. The people who will take us to a police state are sociopaths—criminal personalities who don’t respect the liberty or property of others. And sociopaths gravitate towards government, and eventually come to control it.


My view is that 80% of human beings are basically decent, get along, go along types. 20% are what you might call potential trouble sources, that can go either way. But then you take 20% of that 20% and you’re dealing with the sociopaths.


When social conditions reach a certain stage these really bad guys come out from under their rocks and take advantage of the situation. We’re seeing that right now in the US, across the political spectrum. Just as we’ve seen in the past in hundreds of places throughout history.


A major tipping point occurred sixteen years ago, on September 11, 2001, with the attacks in New York and Washington. They were disastrous. But not nearly as disastrous as the government’s reaction to them.


Among them the creation of the Department of Homeland Security. Anybody that speaks German knows that a reasonable translation of Homeland Security is Geheime Staatspolizei, which is usually abbreviated to Gestapo. Anybody that goes through airline security these days should ask themselves, “Where the hell did they find these people? Didn’t they have jobs before they went to work for this moronic agency?” The answer is that there are people out there who like wearing costumes, are willing to boss, herd, interrogate, and go through the dirty laundry of their fellow citizens. They take their jobs seriously and you better not even look at them sideways. There’s no reason to believe it’s going to get better as they groove into their jobs, and their employer cements itself into place. More likely the trend will accelerate.


Is America currently a police state? Well, let’s see. You can still get in your car and go anywhere, although you might be stopped by the police and you might be detained if your papers aren’t in order. Or the officer thinks you’re not properly respectful. Or you have “too much” cash.


Was there any particular day that Germany became a police state in the 1930s? I’m not sure you can put your finger on any one particular day, even after Hitler was legally and democratically elected. It was a progression, with new laws, new regulations, new taxes every day. While more fear and hysteria were worked up among the populace. Kristallnacht didn’t occur the day after the National Socialists took power.


It’s a case of the frog being put in a kettle of water where the temperature is gradually raised to a boil. That’s what’s occurring in the US. After 9/11, in addition to Homeland Security, we got the Patriot Act, with, among other things, its suspension of habeas corpus. That means that the government can lock anybody up for any reason and not even have to tell them why. Accuse them of being an “enemy combatant”—a neologism that justifies anything, and is robotically and thoughtlessly accepted by Boobus americanus—and anything is possible. Including a trip to a CIA black site in some Third World hellhole. This is something I thought was settled in Western Civilization with the Magna Carta and King John. But we’re going backwards in most areas of personal freedom. And America, of all places, is leading the way—even while falling behind economically.


I don’t know if I can put my finger on exactly when we’re going to go over the edge, but if I was going to guess I would think the real catalyst is going to be the next 9/11-type event. And I don’t doubt it’s going to happen.


How are we any different than the Germans in the 1930s? This was one of the most civilized, best educated countries in Europe and they fell into the abyss. I suppose we’re a bit different. Americans are addicted to welfare, anti-depressant drugs, food, and electronic devices. That should certainly give us a better outcome…


There’s a joke I like to tell. Let me ask you this: Which is the gravest danger? Is it the ignorance, or is it the apathy of the average American today? Stumped? Here’s the answer: I don’t know and I don’t care.


*  *  *


When we do tumble over the political edge—which will likely happen sooner rather than later—complete economic collapse is sure to follow. That’s why we’re sharing our field guide to Surviving and Thriving During an Economic Collapse. Click here to download your free PDF copy now.


 









Thursday, November 9, 2017

Thousands Of Americans Scream At The Sky To Mark Trump Anniversary

It was the scream which, at the conclusion of Donald Trump"s inauguration ceremony, captured the existential dread of millions of Americans.




It also appears to have sparked a mass "resistance" protest movement.


On Wednesday night, thousands of Americans across the nation gathered to Scream helplessly at the Sky on the Anniversary of the Electionto mark one year since President Trump"s victory.


Thousands attended events planned in New York City, Philadelphia, Dallas and other major cities. The idea came from Boston, where people will gather in America"s oldest park, the Boston Common, to scream. The premise behind the event was self-explanatory as people came to public gathering places, looked to the sky and, well, screamed.


This is how one Facebook event page described tonight"s event:








Let"s have a primal scream for the current state of our democracy! Gather together after work at Philadelphia"s City Hall, or just scream in solidarity from your own backyard.



The Washington Square Park event planned in New York was more emphatic:








Join us cucks and snowflakes, safe spacers and libtards, as we enjoy a collective cathartic yell into the heavens about our current political establishment.



Explaining the motive behind today"s screamfest, New York event organizer Nathan Wahl said that "frankly, I can’t keep up with it all. Every time I think of the laundry list of social injustices on top of my own shit like my actual laundry I get overwhelmed. Every news notification on my phone is a reminder of something over which I am powerless. And I think a lot of people feel that way. So fuck me for thinking it’d be nice to yell about it."








We really need some universal mental healthcare in this country and some anger management, while we’re at it. Which is kind of what this event is. It’s group anger management. No one’s crying. No one’s demanding anything. It’s a collective expression of frustration. It’s like… it’s like the feeling you have when you’ve been building Ikea furniture for three hours, and it’s late, and you feel like you’re getting nowhere, and you were almost done, but then you realized you put a piece on backwards and you have to take almost the entire thing apart and you just wanna fucking SCREAM. That’s what we’re doing?—?we’re screaming because living in America feels like building ikea furniture.


 


Secondly, I am doing something.




More than 15,000 people had expressed an interest in attending Wednesday’s scream in New York, including Joe Z. from Astoria, who told Metro it “might be helpful to bond with others who feel the same way.” Joe has found Trump’s presidency thus far “as awful as I feared — it’s a daily, sometimes hourly nightmare.” The main thing he intends to scream about is Trump’s measures against immigrants.


“Everything they do with immigration is about eliminating diversity from this country,” he said. “I live in Queens, diversity of cultures is what I most love about living here. There"s no empathy for others in the face of the most callous cruelty to other human beings.”


Tonight"s "scream" started off in a calm fashion as the following BuzzFeed clip shows...



... before the occasional clashes broke out.



Meanwhile, there was a parallel event for Trump supporters who wanted to shout their joy over the events of the past year. According to RallyList.com, there was a nationwide screaming counter-protest to “Praise God for President Trump” and that “HRC is not our president.”









Sunday, August 20, 2017

Deep State and the Path From Fantasy to Meme to Fact (sic)

Horror Vacui. Nature abhors a vacuum. So do humans. Where there is a lack of knowledge, or a lack of answers, humans will make up stuff to fill the void. That might be comforting, but it can be dangerous. It is how superstitions are created, and it also can be the genesis for everything from racism to social division, strife, and violence. It is the sort of thing that gets "witches" burned at the stake.


This place, which is to say the Comments Section, never ceases to amaze! Similar to other Open Comment sites, it tends to gather a specific type of person and then structures itself into a uniform community, with nary a dissonant voice. Years ago Tyler told me that less than 1% of the readership wrote comments. That was back when the site was primarily financial. I don’t know what the percent is today, but I would guess the demo has changed, and many who once came for financial insight now just visit occasionally for a few laughs. So long as there are clicks and eyeballs, it’s all good. The cash register still rings.


I wonder if the vocal membership ever stops to ask themselves why they think what they think, and what has convinced them to believe the most outlandish things? Do they really know what they think they know, or do they just assume a set of beliefs that has some odd internal psychological agenda, but about which they really know absolutely nothing?


Never have so many been so wrong about that which they are so sure. Yes, I’m talking to you with your endless conspiracies and your chemtrails and your Deep State and your debilitating fear of your own shadows---you know, because those shadows just might be CIA-generated ninja assassin 2D holograms armed with mini-HAARP neural disrupters!


I appreciate some of the folks here are batshit crazy---way too many---and that explains their bizarre world view. Sadly, nothing can be done about them. We’ll forever have them with us. I do believe Tyler gets a good chuckle out of the nonsense you guys produce, and he is expert at pushing your panic buttons. Kudos to him for capturing the moonbat demographic and monetizing it. Other folks, however, who may be sane, but who are viewing all sorts of events from outside of the arena, still become cocksure in their views merely because they had a pre-existing belief and searched the internet until they found something that corroborated it. They call that becoming ‘awake’, or ‘taking the red pill’, but to call a spade a spade, it is simply confirmation bias. One belief then becomes the base against which subsequent events are assessed and analyzed. “This one feels like a false flag” is a function of them assuming all of the previous events they believe were false flags actually were, which of course they were not. Foundations get built on quicksand. That is truly an odd thing, seemingly the result of that aforementioned vacuum, plus a sense of personal victimhood and self-esteem issues. It drives people to manufacture answers, and even bad answers are good enough. There isn’t any quality control, because the mental infrastructure that spews out thoughts is flawed.


This wonderful---and often not so wonderful---internet thing has replaced the old neighborhood coffee shop or greasy spoon diner, the place where like-minded people gather to reinforce each other’s beliefs and to find comfort in belonging. It has never been so easy for an individual to find an echo chamber, to feel they are independent free thinkers by becoming part of a flock. Yes, that is a contradiction, but the point is that vacuum filling, and finding a way to salve the pain of victimhood, is the goal. The internet delivers in a way, and to a degree, no coffee shop ever could.


This site is very much that echo chamber, a kind of cyber neighborhood coffee shop. Folks gather, memes are introduced, gnawed on, embraced, and ‘corroborated’ by posting LINKS to websites that ‘make sense’ (but where the original author likely knows absolutely nothing). Soon a sort of circularity or tail-chasing occurs, where LINKS stumble upon themselves so many times, that something someone somewhere pulled straight from his or her backside becomes gospel.


Once the meme morphs into gospel status, believers congratulate themselves on their sophistication and for ‘figuring it out’. Anyone who doubts is either a ‘paid troll’, woefully naïve, or something worse. It doesn’t matter whether the common song in the echo chamber is melodious or not, only that it fills the vacuum and offers solace to the victims of whatever the injustice from which they believe they suffer. Nobody can really imagine what the world would be if all the dragons were slayed, partly because it is far too complicated, and mostly because the majority of the concepts are wrong from the get-go. In any event, it really is all about the journey, not the destination.


There are countless examples of this process, though I will only mention one. Some of the unmentioned have resulted in needless violence born from pure stupidity (Dylann Roof, Edgar Madison Welch), while some have just served to generate lots of self-inflicted pain in the form of anger and bitterness (just scroll any comment section on this site for proof). One wonders if anger and bitterness do not become a need or an addiction. Certainly plenty of people go out of their way to fuel it and nurse it.


My personal favorite fantasy-turned-fact is the term, or entity, “Deep State”. What the hell do people think that means? That there is some constant cadre of self-appointed folks who run the country or the world? THAT is woefully naïve. Painfully naïve, even childish. It is a silly belief fed by a combination of Hollywood, pulp fiction, ignorance, and insanity, and it is about as real as Star Wars or Men in Black (I know, I know---some here will tell me those are actually documentaries---and they can prove it with LINKS).


The good news is that nobody is as clever as he or she would have to be to be able to pull off any of what so many sad souls believe to be true. A world of 210 countries and 7.3 billion individuals simply has too many variables. The bad news is that despite that lack of omnipotent beings, leaders and power brokers are, in a relative sense, still way above the conspiracy junkies.


So here is a quick overview of the actual State, and while it might be deep, lumbering and somewhat opaque, nefarious it is not:


There are three branches of government, as most learned in grammar school Civics Class. No news there. They check and balance each other. They also try to defend their turf, battling each other. Each branch has some turnover---political appointments or elected officials at the highest level, deaths or retirements, and tens of thousands of GS-employees, who spend careers working under many Administrations.


Most appointments last a maximum of eight years, but generally less. (Under Trump, it can be as little as a week---The Mooch).


Legislators can last longer than someone in the Executive Branch, though there are many one or two term Congresspeople.


Judges can hang around a long time, but there are so many courts at various levels that they have their own intramural competition, which explains why there is an appeals process.


Bureaucrats can linger for 20+ years, but most are just that: bureaucrats. They take a paycheck, do some work, and either go shopping on the weekend or binge watch something on Netflix. They worry about their kids’ grades, or try to remember what time they have to pick up little Noah or Amelia from soccer practice.


The elected officials and the appointees are the ones who push policy, not the bureaucrats, because it is the temporary players whose ego is at play, and who think they have all the answers.


Inside the Beltway, in is in, and out is out. One day a person is a Senior Official with access to the deepest intelligence, policy and military secrets of the nation. The next day, the same person is sitting in his or her pajamas on the couch watching the morning shows, completely out of the loop. Once Administrations change, former officials have a limited shelf life---perhaps six months---where they can be guests on panel shows or the Sunday Talk Shows, though a few land a corner office with an IB or hedge fund who wildly overpays and comes to feel Buyer’s Remorse (aka, they get Eric Cantor’d). After that, they become Jeopardy answers---unless they are really engaging guests on TV or write a best seller. The ones who last longest spend their final years as ‘Photo Ops’ or ‘Selfie Targets’. Lots of people want a picture to frame for their office standing, for example, with Henry Kissinger or James Baker. Bill Clinton has now officially entered Selfie Target status, and Hillary will, too, as soon as she comes to terms with her self-inflicted defeat (this writer has his share of such photos…somewhere, in some closet or box).


Outside of actual government officials, there are business leaders and lobbyists who tend to have longer term influence than political appointees, but even their influence is limited both by the tenure of their position as well as the changing landscape of American business. Competition and technological advancement bring new faces to the fore and old faces fade away. For example, one day Harold Geneen (“Not ‘J’ as in ‘Jesus’, but ‘G’ as in ‘God’”) gives way to Lee Iococca, who gives way to Jack Welch, who gives way to Jamie Dimon, who gives way to Mark Zuckerberg. Influence, or ‘Power’ is rather fleeting.


Even fortunes tend to dissipate with time, as neer-do-well kids eat up the corpus, or inflation makes yesterday’s fortune chump change compared to the newest next best thing. Thirty years ago the Bass Brothers were at the top of the Forbes 400. Remember them? Today, the combined Bass fortune is not even a fifth of Jeff Bezos’ wealth. Paul Ryan might tell his secretary to tell a Bass that ‘I’ll call him back”, but he’ll take Jeff Bezos’ call immediately That’s how it works. How about one of the internet’s bigly baddest Bogeymen, the Rockefellers? ZIRP and risk aversion killed that fortune’s clout. No matter how large the fortune, Bezos and Zuckerberg sped past it like Usain Bolt in an Olympic final. How much clout does the Rockefeller Foundation have compared to the Washington Post or Facebook?


The only thing constant in the halls of power is change. Deep State is a wading pool, with a leak, in the middle of a desert. Power lasts only slightly longer than a Higgs Boson.


If Steve Bannon learned anything during his seven months in Trumpistan, it is likely that he learned Deep State is a silly myth. If he still believed in it, he wouldn’t be going to a relatively small internet media site funded by a single man’s fortune. If Deep State was a reality, a David as small as Breitbart wouldn’t dare trying to stand up to the Deep State Goliath. Of course Bannon might still use the term if he thinks doing so will work to his advantage, just as he plays Pied Piper to the more virulent elements of Alt-Right, when in point of fact he considers them clowns.


Reality is likely disappointing to many. Things like Deep State or Secret Cabals provide excuses to people who fail to succeed. For others, such beliefs are just entertainment, and do no harm so long as they are not taken too seriously. For the former group, however, the ones who use such beliefs as excuses, it can be debilitating and lead to a kind of bitterness that never goes away. Every time I visit this website now, and scroll through comments, I see that bitterness. It is wasteful. It foments anger or rage that can’t be doing a body much good. It is also purely self-inflicted.

Tuesday, June 6, 2017

Letters From Venezuela: This Is What Life Is Really Like In A Post-Collapse Society

Authored by Daisy Luther via The Organic Prepper blog,



If you ever wondered what life was really like in a post-collapse society, look no further than Venezuela. Today, I’d like to share a first-hand report of everyday life there.


The country has been on the way down since a socialist government destroyed the economy. Here’s a quick timeline:


  • Private ownership of guns was banned in 2012. Then things began to go downhill in a hurry.

  • In 2013, preppers were relabeled “hoarders” and the act of stocking up became illegal.

  • In 2014, the government instituted a fingerprint registry for those who wished to buy food to ensure they didn’t take more than their “share.”

  • In 2015, things began to devolve more quickly as electricity began to be rationed and farmers were forced to turn over their harvests to the government.

  • 2016 brought the announcement that folks were on their own – there was simply not enough food. As well, despite the rationing, an electricity shortage was announced.

  • 2016 also brought the news that the country was out of everything: food, medicine, and nearly all basic necessities. People were dying of starvation and malnourishment made other illnesses even worse. Hyperinflation brought exorbitant prices, like $150 for a dozen eggs.

  • Now,  civil war is near (if not already happening.) They’re calling it “protests” but violence between the people and the government is ongoing. This rage is stoked by wealthy Venezuelans who enjoy luxurious meals, fabulous parties, and lush accommodations while the rest of the country struggles to find a bag of rice they can afford. Let them eat cake?

It appears there is no end in sight to the tribulations of the Venezuelans.


So, what is day-to-day life like for the average Venezuelan?


A reader from Venezuela took the time to comment and tell us what life is really like there. You can find her story below. (I’ve edited for spacing to make them easier to read, but please keep in mind that English is a second language.)





Daisy Thank you so much for this content.



I’m a venezuelan mom of a 1 year old baby. And we are living a war here.



You can’t go outside to buy food or supplies or medication because each activity is a high risk and more with a baby. So I stay home as much as I can. There are a lot people outside trying to live normaly, trying to go to work and buy foods and continue there lives. But when you are working or whatever thing your doing you dont know is you will be able to come back home safe… people continues to work to get whatever miserable pay to buy some food.



Everything is so expensive. Perhaps the beans and rice are affordable but still not cheap and is so hard to find food. options are limited because of the price… you can only buy one item or two of pasta, rice, like I say the less expensive food , and you have to wait in long long lines at your own risk because there are a lot of fights in this store. imagine tones of people wanting to buy the same product. this have being worst since perhaps about 5 years now… because of scarcity.



Malls and big stores are basicly alone because there are places where “colectivos” use to attack, with bombs and there is a group of about 40 men in motorcicles that have been creating chaos in the whole city, every day the take the city they have plenty of arms and the just go through the city shooting building houses, stealing stores, people on the streets, batteries of cars, everything the want… this situation is far worst that we ever imagine. they kill people every day and they are pay mercenaries from the goverment because no one does nothing.



the goverment people is also killing inocents. kids… teenagers, the youth. we are panicking. We bough a land 3 years ago. I got pregnant and we decided to wait. the land is a safe zone but is 5 hours from here. is a very small town 11. 000 people. I live ib a city with about 3 million people. at least for now the town are peaceful but there isnt electricity and the isnt an asfalt road so this doesnt sound lovely for thief that are now looking for biggest fish to cash. according to our neighbours the town is in calm nothing has happen. We need to go as soon as possible. I am scared because what you say is also true. But in the city there are no options at least not now. . what do you thnk we should do? I realize appreciate what you recommend.



I’m sorry for my bad english I’m trying to write this while playing with my baby.



Venezuelan houses are already bunkers. This has being like this ever since I can remember. Perhaps 20 years… Every regular house is made like bunkers. Pure concrete from the botton to the walls to everything. Every house has also 2 to 3 security doors really big and heavy ones and on top of that we have fences and electric fences on top Of BIG GATES. And trust me is not enough to be safe.



The army has damaged gates and has entry to different houses looking for students, or rebels… and also innocents people has died because they were sadly in the middle of this events. I don’t doubt that country land might have problems too. But so far cities are pure anarky and maddness.



There are several groups creating chaos… the army, the mercenaries, the thiefs, and the rebels that want to kill chavismo and politics and whatever on their way. A few days they put a bomb into a propane gas distribution cargo and it blew away and this have being affecting every single thing, they steal cargo transporting food or gas and even fuel… so there is no much to do now.



Communities in the city are not organize since they really need to find food and basic resources so each indivual is waiting in long lines to buy a bread or a medicine or whatever they need… and people doesnt want to organize they dont see this could go like this for years… I assume that we got used to live in some sort of chaos and violence.



But the true is most people is praying and just wishing this will pass soon. that this will pass as the moment a new presindent arrive.



And what if it doesnt? Let’s be clear that we have so many resources, and Canadá and USA are pulling all of the gold and all minerals now so no country really matters what we are suffering as long as they can get they way.



We really feel hopeless.





Dear Ale,


Thank you for sharing your story. Here’s my advice:


If you can safely get out of the city, the time to do it is now. When I said I was moving from the country into town, the move was not to a major city with millions of people, but a much smaller one. I went from living a mile from my neighbors to a suburban neighborhood where we chat over the fence and share fresh vegetables and barbecues.


In a small town like you describe, you will have neighbors, hopefully some unity, and be able to be more self-reliant without as much risk as the place where you live now. Being on your own with a small child in a situation like this is hard and dangerous. Try to make friends so that you have some support. If you have extended family, consider that relocating to them might be another option.


The journey will be difficult, but I sincerely hope that you will be able to get there with your baby and find some peace and safety. Please know that you and your child will be in many hearts and prayers after this.


Keep us posted if you can.


Love,


Daisy

Wednesday, May 31, 2017

Evergreen State College Chaos Reigns: "Whiteness Is The Most Violent F**king System Ever"

Via The CollegeFix.com,


A new video has surfaced of students this past week at Evergreen State College yelling and ranting about everything from “racist white teachers” and “white-ass administrators” to “black power!”  during a so-called “meeting” with President George Bridges and other college administrators.



Apparently, the activists are not pleased that this recording made its way to the Internet at large.


One of the demands listed by Evergreen students, and addressed by President Bridges, is that something be done to resolve the “theft” of the video:





“We demand that the video created for Day of Absence and Day of Presence that was stolen by white supremacists and edited to expose and ridicule the students and staff be taken down by the administration by this Friday.”



Next steps:



Based on conversations with the Attorney General’s office, the most likely course of action requires an investigation. We commit to launching an extensive forensic investigation of the theft of this video and to determining who stole it from the student. If that investigation yields a suspect, we will seek criminal charges against the individual in consultation with the Attorney General.



Good luck with that one.


Here are a few, er, highlight statements uttered during the protester takeover:





— “FUCK YOU, AND FUCK THE POLICE!”



“Whiteness is the most violent fuckin’ system to ever breathe!”



— “I’m tired of white people talking about what black and brown people need.”



— “These white-ass faculty members need to be holding HIM, and HIM, and ALL these people accountable!”



“FUCK YOU [President] GEORGE [Bridges], we don’t wanna listen to a GODDAMN thing you have to say! No, you shut the fuck up!”



— “I’m tellin’ you, you’re speakin’ to your ancestor, all right? We been here before you. We built these cities, we had civilization way before you ever had … comin’ out your caves.”



— “You have the fucking nerve to, like, fucking dehumanize our (unintelligible)!”



Marvel, too, at around 6:06 in the vid the protesters demand for President Bridges to put his hands down while speaking — a student even approaches him to “demonstrate” how he should do it.



Professor Bret Weinstein had told Fox News’s Tucker Carlson that the meeting with Bridges seen here was “believe it or not […] far crazier than the video” of his own (earlier) classroom chaos. He appears to be 100% correct in that assessment.



There may be no more apt description of this madness than what Carlson told Weinstein: It resembles “Phnom Penh in 1975.”

Thursday, April 13, 2017

"Probably Nothing"

You don"t see the pattern? Bush, Clinton, Obama, Reagan - Dem v. Republican?


They all work for the same puppet master, the money(ed) people who create and profit from all the wars and who have endebted/enslaved every taxpayer worldwide.


Starve the beast, don"t work, don"t play/pay. Grow/catch/hunt your food, but pay for your hunting/fishing license if "enforcers" are nearby. Gotta pay to hunt in the Kings forests, (when his enforcers are watching).


We"ve come so far to get nowhere, maybe only 50-100 years of real freedom (1800-1900) in the last 4-5,000 years. To come this far and still be owned and enslaved. And yet we rail "Freedom", "USA, USA, USA"


Don"t get me wrong, we are the best in the worst comparison, but we"re still delusional when thinking we are free and not enslaved, while paying for an Empire with military bases in 75 countries with "fiat" dollars emitted from a printing press or "Fed-based-bitcoin"


Reality will at last occur and affect the least observant at the musical chairs party.


Been a long time since I"ve seen talk about stacking. Au was around $1,285 today, Ag around $18.50

Friday, April 7, 2017

Gold Bugs breakout, very bullish says Joe Friday


Since the first day after Christmas last year (12/27/16), the metals space has been a great place to be. Below looks at performance of several metals assets compared to the S&P 500 since this date.


Gold Bugs


CLICK ON CHART TO ENLARGE


Premium and Metals members went long this sector by purchasing GDXJ on 12/27/16, due to an upside breakout. Even though the S&P is getting a ton of press about doing well and near all-time highs, its performance since 12/27/16 (Up 3.8%), is lagging the metals space by a large percentage!


Below looks at the Gold Bugs/S&P 500 Ratio-


HUI/SPY ratio


CLICK ON CHART TO ENLARGE


Joe Friday Just The Facts; A upside breakout above pennant pattern resistance at (3), would suggest continued out performance by Gold Miners is in play and should attract buying pressure to mining companies.


Full disclosure; Premium and Metals members own miners at this time.


Not a subscriber to our research products yet?  Email us for discount and trial offers to get started 



Website: KIMBLECHARTINGSOLUTIONS.COM

Monday, March 6, 2017

The Most Un-Fun Bubble Ever

Via Kevin Muir of The Macro Tourist blog,



The other day in the midst of an epic food-fight-rally in the stock market, a younger kid from my office wandered by and expressed his disbelief at the incessant bid. Shaking his head he asked me if I had ever seen something so insane.


Ahhh…. the joys of being young - everything is new.


I explained to him that I had indeed seen this movie play out before. A few times actually.


But herein lies the problem. All the grizzled old guys like me have been burned by so many bubbles, we see them everywhere. Corporate bonds, real estate, sovereign debt, equities - all you need to do is open your inbox to be inundated with research pieces warning about the dangers of sky high asset prices.


Yet there are some differences between today and all the previous bubbles.


One of the twitter guys that I respect immensely said recently, “[German] bunds are not in a bubble. No one is buying them on margin and no one is bragging at cocktail parties that they are long ‘em.”


Yup, I can’t say I disagree. German bunds are nothing like Japanese stocks in the 1980s, dotcom stocks in the 1990s or real estate in the 2000s. There is no public euphoria speculating on German rates going even lower. The long side of the German bund market might be a little crowded within the fixed income community as bond managers hide in supposedly safe bunds, but there is no mania engulfing the average person on the street.


Do I think German bunds are insanely overpriced? You betcha.



But if you use cocktail chatter as the only way to measure bubbles, then there aren’t any bubbles anywhere (except maybe in calling bubbles).


Let’s face it. There is no Gatsby-esque celebration regarding the recent stock market rise. No one is bragging at parties at how much money they are making. In fact it is just the opposite. Most people are complaining bitterly about how the stock market is running away on “terrible fundamentals” and how there is nowhere to invest their money without taking crazy risk.


This “bubble” differs greatly from all the other ones I have experienced. Previously you were labeled an idiot for not embracing it. Not so now. In the late 1990s Warren Buffett was called a Luddite for not buying into the Dotcom bubble, but today he ridiculed as an out of touch Octogenarian for purchasing stocks such as Apple at all time highs.


I understand the rally of the past couple of months has pushed us up into record overbought territory. We have hit a point where there are more bullish newsletter writers than any time since 1987. I have no doubt we are due for a pause, and maybe even a correction that shakes out all the recent buyers.


But I do not buy the idea this is some sort of speculative frenzy. Look at the flow of funds since the credit crisis.



This chart of equity flows over the past decade shows that both institutional and private clients have been net sellers over the majority of the time since the credit crisis. Where is all this speculative froth that has pushed equities up over the past decade?


Yes, the last few months has seen retail chasing stocks, but are they buying in a frenzy? Or are they maybe “short” risky assets in their already depleted savings?


Most investors have saved far too little to fund their ever increasing longer lifespan. They are stuck between Central Banks’ financial repression era minuscule yields and their government’s continual reduction in retirement benefits. Not only that, but they got scared from equities’ collapse in the previous crisis, and have been steady sellers of risky assets, stuffing the proceeds into fixed income at the absolute worse time.


So although it might be fashionable to claim equities are in a bubble, be aware this “bubble” is completely different. It is not driven by speculation, but instead might be the most gigantic short squeeze of all time.


The reason there is little euphoria as stocks push up to new highs is that most investors are “under invested” in risky assets. Sure, the stock portion of their portfolio might be rising, but they don’t have enough to fund their retirement.


This overvaluation is still risky and dangerous, there is no doubt about that. Stocks are stupidly expensive. But they are up here on forced movement out the risk curve - not crazy speculation. There are no shoe shine boy stories.


Who knows what this will mean over the long run. The only thing I know for certain is that is not nearly as much fun…

Friday, February 24, 2017

Meanwhile, In Every News Editor's Office Across America

Cherry Pickin Free Thinker, do you have a Drvers License in your Wallet ?


That is called a Statuatory Instrument. A Statuatory Instrument is an Agreement between two or more parties and has nothing to do with "Do you know how to Drive" Certification. It means YOU have handed your wellbeing over to the State, It is a Voluntary CONTRACT. Do not believe me, look it up.


Half of these ZH dickhed punks Whine on and on about Gun Rights, You gave up your right to free travel and the State can Roll Your ASS over at anytime and yer Gun is just Contraband, Gun Rights is the DISTRACTION. Your Gun is useless if you cant get to an Imaginary Conflict because the Police Impound you, your car and your Ass. Think about it.


http://www.lawfulpath.com/ref/DLbrief.shtml      Flea Thinker, more like.


A Drivers license is THE Contract where you give up your rights to the State.


Voluntarily. Free Thinker my arse.

Friday, February 17, 2017

This Is How The Status Quo Unravels

Submitted by Charles Hugh-Smith via OfTwoMinds blog,


Fragmentation, discord, discontent, class war: this is the inevitable result of a shrinking pie.


The politics of the past 70 years was all about horsetrading who got what share of the growing pie: the "pie" being cheap energy, government revenues and consumption, sales and profits.


Horsetrading over a growing pie is basically fun. There"s always a little increase left for the losers, so there is a reason for everyone to cooperate in a broad political consensus.


Horsetrading over a shrinking pie is not fun. Everybody is shrilly demanding their piece of the pie should either grow or be left untouched; any cuts must come out of someone else"s slice.


Everyone turns on their most compelling emotion-based defense: "we wuz promised" is a reliable standard, as is "we need more money to defend the nation from the rising threat of XYZ." "Help those in need" plays the heartstrings effectively--as long as the "help" comes out of somebody else"s pocket.


Everyone sharpens their knives, the better to carve a slice off somebody else"s slice of the pie. A passive-aggressive free-for-all ensues as everyone reacts with aggrieved defensiveness to any attempt to diminish their slice, even as they launch shrill attacks on everyone else"s defense.


As the pie shrinks, the motivation to join a broad consensus vanishes like mist in Death Valley. Any cooperation is merely a brief tactical move designed to carve a big chunk off another player"s slice. Once that"s accomplished, the alliance quickly splinters as the survivors battle over the meager spoils.


Any victory is temporary, as a new alliance will arise to decimate the previous winner. Winners in the zero-sum game of divvying up a shrinking pie merely set themselves up as the juicy target for the next ferocious attack by the resentful losers.


Political survival boils down to masking the cuts behind illusory "victories" and bogus projections of solvency. Some modest policy tweak will be heralded as "saving Social Security," meanwhile the end result is a reduction in the purchasing power of whatever benefits remain.


You may well get "what we wuz promised" but it will only buy 50% of what it did a few years ago, after taxes, inflation and "adjustments" are factored in.


Every compromise will be projected to restore solvency to imploding entitlement programs, but it will all be illusion. In two years, insolvency will rear its ugly head again.


The debts, unfunded liabilities, demographics and diminishing pools of income to tap are beyond policy tweaks and minor cuts. Take a look at these charts to grasp the unwelcome realities: sorry, we can"t "grow our way out of debt" because the debts and unfunded liabilities are simply too large and expanding at too fast a rate.


Here"s the current federal spending pie: 55% is entitlements and interest. Both of those are set to soar as the populace ages and interest rates rise.



Massive, ever-expanding deficits will push federal debt much higher, pushing interest rates up. Everybody wants to raise taxes on "the rich," but a funny thing happens when tax revenues soar above a threshold--the economy spirals into recession, and employment, profits and tax revenues all plummet, forcing even higher deficits.


Entitlement program deficits are exploding higher, and all the conventional policy fixes are like building sand castles to stop a tsunami.



The problem is global: as we consume the cheap energy, what"s left to extract and refine is more expensive, so energy costs rise. As the population ages, entitlements soar. As the "growth fixes everything" model fails under the burden of skyrocketing debts, the harsh reality becomes unavoidable:


We haven"t "grown" at all. What we"ve done is borrow from future generations to create the illusion of growth.



Here"s another look at debt: the global bond market has soared from $10 trillion to $100 trillion.



Fragmentation, discord, discontent, class war: this is the inevitable result of a shrinking pie. Our political, social and economic systems have no history or memory of how to navigate this systemic Degrowth successfully. Everyone will blame someone else for the insolvency and failure, and that is not a recipe for successful adaptation.


Here"s a taste of what lies ahead:


Welcome to the new dark ages, where only the wealthy can retire


As I always say, don"t focus on retiring comfortably; focus on working comfortably.

Wednesday, February 8, 2017

Fake News for Fake People in an Engineered Fake Culture

America really is the land of the dreams.  Dreams, take many forms; hallucinations, nightmares, delusions, bad trips.


Fake News is really descriptive; how about Fake culture, fake people, fake life.  Is America real?  You wouldn"t think there are people living here if you walk down most streets, all you see is cars, the occasional dog walkers, and the radiant glow of the TV screen.  Just forget it all!



You know, nothing captures the fake culture better than music - music is the backbone of mainstream American culture (unfortunately) - in other cultures the backbone can be science, socialization, or in primal societies, dancing around a fire at night wearing masks and costumes.


There"s no better characterization of fake news than the famous "Dirty Laundry" by Don Henly.



I make my living off the evening news


Just give me something-something I can use


People love it when you lose,


They love dirty laundry


Well, I coulda been an actor, but I wound up here


I just have to look good, I don"t have to be clear


Come and whisper in my ear


Give us dirty laundry


We got the bubble-headed-bleach-blond


Who comes on at five


She can tell you "bout the plane crash with a gleam in her eye


It"s interesting when people die


Give us dirty laundry


Can we film the operation?


Is the head dead yet?


You know, the boys in the newsroom got a running bet


Get the widow on the set!


We need dirty laundry


You don"t really need to find out what"s going on


You don"t really want to know just how far it"s gone


Just leave well enough alone


Eat your dirty laundry


Kick "em when they"re up


Kick "em when they"re down


Kick "em when they"re stiff


Kick "em all around


Dirty little secrets


Dirty little lies


We got our dirty little fingers in everybody"s pie


We love to cut you down to size


We love dirty laundry


We can do "The Innuendo"


We can dance and sing


When it"s said and done we haven"t told you a thing


We all know that Kraft is king


Give us dirty laundry!


American culture has been bought and sold to the Corporation generations ago.  This recent meme about Fake News really captures the "reality moment" America is having, and isn"t it fitting, a "reality TV star" is President of the United States of America.  "Reality" TV is the same ironic oxi-moron metaphor as Fake News - Reality TV - isn"t real.  On the surface, it means - it"s not a scripted "program" but the hidden innuendo - is that it"s REAL, as in REAL LIFE, which IT"S NOT!


Fake News is for Fake people (being from Boca Raton, FL author can attest there really is such a thing as a "fake" person!) 


But, what is real anyway?  


fs


People are real.  Objects are real.  


Money is not real.  Ideas are not real.  Concepts, are abstractions.


So there you go - we"ve taken you down the rabbit hole far enough.  If you want to know what"s at the end of the hole, pay, and you will see!

Friday, January 20, 2017

Nigel Farage Joins Fox News

Following his comments yesterday that he "was proud to have played [his] part in Trump"s election," Nigel Farage has announced that he will be joining Fox News channel as a contributor.



Taking a moment to enjoy the occasion yesterday, Farage admitted to an audience at the Hay-Adams hotel in Washington D.C.: 





“When I look back in years to come, perhaps the greatest joy of 2016 was that realisation, as state after state in the Midwest went red… Just to see the faces of those CNN presenters will stay with me forever.”




Which makes his move to Fox News even more intriguing.


Full Fox News Statement:





FOX NEWS CHANNEL SIGNS FORMER UK INDEPENDENCE PARTY LEADER NIGEL FARAGE TO CONTRIBUTOR ROLE



NEW YORK – JANUARY 20, 2017— FOX News Channel (FNC) has signed former United Kingdom Independence Party Leader (UKIP) Nigel Farage as a contributor. In this role, he will offer political analysis across FNC and FOX Business Network"s (FBN) daytime and primetime programming.



Prior to joining FNC, Farage was the leader of UKIP from 2006 to 2009 and from 2010 to 2016. In 1993, he became a founding member of UKIP after leaving the Conservative Party in protest at the signing of Maastricht Treaty in 1992. Farage was elected to European Parliament as a representative for South East England in 1999 and began his career as a commodities trader in 1982.



FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most watched television news channel for nearly 15 years and according to a Suffolk University/USA Today poll, is the most trusted television news source in the country. Owned by 21st Century Fox, FNC is available in more than 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre.



*  *  *


How long before Obama is a contributor for MSNBC?