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the bear is back biatches!! printing cancel....
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Regardless of herb is technically a pyramid scheme or not ... It's just your typical rape the little guy/make him do all the heavy lifting selling products of ? Value ... While those at the top profit big
... Kinda like our overall global fiat based economy that will eventually collapse once the haves take too much and the have boys multiplying in huge numbers say I've had enough playing this rigged game :)
 

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Fed spin day. Expect no changes to printing scheme. Janet Yelen will take over the Fed when Bernanke retires. Yelen is just as big of the printer as Bernanke.

NIKKEI surged past 11K on BOJ's continued open-Yen QE to infinity.

Facebook bump or dump day.
 

the bear is back biatches!! printing cancel....
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Just a ton of issues for the miners .... Cost of production soaring .... New finds limited and expensive... Etc

Take a look at IAG I thankfully ran from after making a slight profit ... Mines getting older so tougher ore to work with sending their costs of production higher... Getting mauled

All these issues at the same time are supportive to the price of gold ... I'm sure u can find beaten down gems and such but just tough sledding .... Maybe some day thy will go nutso and way outperform gold itself ... But for me just not worth the headache other than maybe dabbling in a few miners from time to time mainly as a trade (thinking about maybe doing this soon ha)
 

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4Q GDP printed @.10 and the market quickly priced in another push back of spending cuts.
Also, Sandy aid package of $60 billions will help to spur spending in a short run.
S&P holds 1500, another not too good/not too bad job report and ue rate revised upward to 8% on Fri, S&P will race to 1525.
 

the bear is back biatches!! printing cancel....
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Market acting eerily similiar to late 2007 ... Might be able to squeeze another 50-100 points max outta it ... some of the valuations just getting flat out silly .. And complacency is thick ..

Anywho I can pretty much guarantee u the market will be significantly lower than it is today sometime in the next say 4 years when and how we get there who the hell knows
 

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We have been looking for the bubble that will be created by the Fed's printing.

I think we found it.

We go to at least 2000... fairly quickly I might add, imo

Ben will print till he has to stop and then look out
 

the bear is back biatches!! printing cancel....
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Just no way in hell it gets that high .... Oil would ramp with it and the burden of 4 even 5 summer gas would crush the struggling consumer .... At best they creepy crawl it sideways to slightly up for a while
 

the bear is back biatches!! printing cancel....
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Speaking of my thoughts regarding miners and their struggles ran across this article

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Welcome To "Peak Gold" And How To Play It


Many factors support sustained higher gold prices in the future. From exploding government debts and quantitative easing programs to various inflationary pressures, the case can be made for having gold in one's portfolio. Investors now may have another bullish reason to get excited about the precious metal and funds such as the ETFS Physical Swiss Gold Shares(ARCA:SGOL) - Peak Gold.

CEOs from a few different well-respected mining firms have recently pointed to the fact that all the easy and high ore-grade gold may have already been found. For investors, the idea of peak gold could be what is needed to push the metal past its record highs.

SEE: How To Invest In Commodities

$2,500 an Ounce
Investors in the gold sector could be seeing higher prices per ounce as the industry is fast approaching a "Peak Gold" scenario. According toIAMGOLD (NYSE:IAG) CEO Steve Letwin, the mining industry has already exploited the best possible and easiest ways to tap gold reserves and is now being forced to deal with higher-cost and lower-grade deposits.


Data from Bloomberg seems to support this notion. Global gold production in the first nine months of 2012 fell 1% versus a year ago to sit at 61.5 million ounces. More importantly, the average ore grade of reserves at 12 of the largest producers also fell. Compared to the previous 10 years, ore grades plunged 51% to reach just 0.028 ounce of gold per ton of earth in 2011. Those poor ore grades, plus rising mine development costs, have pushed profitability in the sector downward and sent many miners into politically unstable parts of the globe to find new sources.

The notion of peak gold output echoes peak oil theory. That idea basically says that the earth is running out of crude oil, and production will stop rising before it declines over the longer term. With ore grades and production dropping for gold over the last 10 years or so, there is some credence to the theory. The IAMGOLD CEO isn't alone in supporting the theory. Back in 2009, Barrick Gold (NYSE:ABX) reported that "there is a strong case to be made that we are already at peak gold conditions."

All in all, Letwin estimates that the declining production profiles will result in gold hitting $2,500 an ounce in the near future. That's roughly a 51% gain from today's prices.
 

the bear is back biatches!! printing cancel....
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[h=1]The Rise Of America's Lunatic Fringe[/h]Authored by chindit
The Rise Of America's Lunatic Fringe
Anyone who spends any amount of time on the internet has seen them.
They are the moonbats, the wingnuts, the whackjobs, the Conspiratorialists. They are America’s new Lunatic Fringe, and their numbers are growing.
While the rise of the internet fed a segment of society that has always existed, when the cyberworld became an increasingly important source both of entertainment and information, an entirely new demographic joined what was already amongst us.
Who are they and what do they believe? The Lunatic Fringe is not uniform in either its background or beliefs. Some clearly seem to be emotionally disturbed. Some are racist and hateful. Others are simply naïve and gullible, or uninformed. Still more are frustrated by an economy and a government that are behaving out of whack with what most people expected from life and from leadership. They want to believe America stands for something noble, but it is increasingly felt by them that it does not. They are confused, frustrated, and disappointed. They feel violated and betrayed. They grow angrier by the day. Some harbor a diffuse rage which could blow at any time. Others have figuratively thrown in the towel and have joined the ranks of what are called Preppers and Survivalists.
Collectively, though individually they differ, the beliefs of the Fringe conspiracies behind the JFK assassination, the lunar landing, and 911. The collective also includes the Birthers, and believers in everything from FEMA Camps to chemtrails to that retro old favorite of Colonel Jack Ripper, fluoridation. The Fringe holds beliefs that have the world controlled variously by the Rothschilds, the Rockefellers, the Bilderbergers, Bohemian Grove, Skull and Bones, the Council on Foreign Relations, 33rd Degree Freemasons, the Vatican, the Queen of England, or just The Illuminati. Every event and every incident in the world is affected by some Master Plan carried out by whomever the believer chooses from the aforementioned gallery of rogues. For many, al Qaeda is really al CIAda, and the prime directive of that organization, along with all the other USG alphabet agencies, is to further the goals of the elite, usually through some “false flag” operation or “psy-op”, and funded through illicit drug sales.
Believers can “prove” each and every one of their claims via a series of cross-referenced and circular internet links, the source of many undoubtedly just someone’s fertile imagination, but very real to the believers.
To the uninitiated this all seems rather humorous, albeit slightly unsettling. It would be both wrong and unwise, however, just to slough it off as the ramblings of the insane. The reason such beliefs are gaining favor is because many Americans have lost faith and lost trust in the government and America’s elected leadership. Given what has happened over the last decade, this is not only understandable, it is even, in an odd way, reasonable. A continual drift to the fringe can be expected because of the many very real things that make the foolish things suddenly more believable.
Why have the people lost faith and trust? There is a host of reasons, perhaps beginning with the war of choice in Iraq and the vociferous and passionate claims of WMD that turned out to be false. That war cost lives, cost sympathy and diplomatic capital, and cost trillions even when America was told by former Deputy Defense Secretary Paul Wolfowitz that the war “would pay for itself from oil sales” and that “Americans would be welcomed with garlands”. Neither was anything close to accurate. Instead the US has war dead, war wounded, a huge bill, fewer friends, and many more enemies.
What truly exacerbated the rush to the fringe were the Financial Crisis and the subsequent railroaded bailouts, which “democratic”
America opposed to the tune of 97%, and which were, and still are viewed as rewarding the very people who caused the collapse. The oft-spoken official claims that “the taxpayer made a profit on the bailouts” just adds salt to the taxpayers’ wounds, as it conveniently fails to take into account the host of programs---from TALF to ZIRP to QEI, II, and III and Twist---that virtually handed the banks the money with which they could “pay back” the bailout cash.
America sees backroom deals and favors to insiders every step of the way, and rightfully so they see this, because that is exactly how the bailout was affected. No one had to pay for his mistakes, and equally significant, no one has been prosecuted despite overwhelming evidence of fraud, malfeasance, and corruption. Americans cannot help but subscribe to the cynical quip, “everyone is equal under the law, except for those who are above it”. Fines don't count, especially when the money to pay them comes right back through another door.
America's prisons are filled with people who did little more than use a banned substance. It's time some bankers and officials faced the possibility of similar accommodations, as their crimes are greater and victims substantially more.
The belief that all is not fair is further cemented when the Assistant Attorney General Lanny Breuer can be taped (PBS, “Frontline”) saying, "Well, I think I am pursuing justice. And I think the entire responsibility of the department is to pursue justice. But in any given case, I think I and prosecutors around the country, being responsible, should speak to regulators, should speak to experts, because if I bring a case against institution A, and as a result of bringing that case, there’s some huge economic effect — if it creates a ripple effect so that suddenly, counterparties and other financial institutions or other companies that had nothing to do with this are affected badly — it’s a factor we need to know and understand."
No matter how one parses that quote it still says the same thing: some are above the law.
The American people are well aware they have been lied to by the leadership. They know that a lobbyist has an infinitely greater chance of getting his way than an entire nation of voters. They know who pays the bills---the taxpayer---as well as who pays the politicians---the lobbyists. They see the Federal Debt ballooning to Greek-like proportions, and the best Congress can do, other than take vacation or kick the can, is to tell Federal Reserve Chairman Ben Bernanke to “get to work, Mr. Chairman”, which means print more money, monetize the deficit, and further dilute the value of the dollar.
Even some people within the government are undoubtedly growing frustrated. Imagine someone in DEA, FBI, CIA, or the military, who sees the slap on the wrist fine handed to a certain non-US bank for a decade or more of drug money laundering and laundering money for Iran, some of which might well have found its way to Hezbollah or to parties aiding the Iraqi insurgency. There are people in Waziristan who face the wrath of a drone-fired Hellfire missile with less evidence to back up the attack. This bank, incidentally, received a $3.5 billion payment-in-full upon the US taxpayer bailout of insurer AIG.
When trust is gone, everything becomes an affront, a conspiracy, a power grab by the elite. The recently passed National Defense Authorization Act (NDAA), which gives the President incredibly broad powers, seems to obviate both habeas corpus and the entire Bill of Rights. When the trust is gone, people are less willing to believe that such a bill would never be used recklessly, or vindictively to put down vocal opponents of whatever Administration happens to be in power at the time. When trust is gone, the people question new efforts to alter the Second Amendment, even if many are personally outraged at the rash of gun violence that has come to epitomize the United States, so they rush to guns rather than run from them. When the trust is gone, the message of the Lunatic Fringe is afforded greater reception. When the trust is gone the Fringe grows into the mainstream. When trust is gone in some aspects of governance, all governance is questioned.
The government can no longer afford to ignore the Lunatic Fringe, because it is becoming less loon and more understandably and righteously indignant every day. The government did not create the Fringe, but through callous disregard, incompetence, blatant self-interest, cronyism, selective enforcement, and pandering to its financial support base, the government has fertilized the fringe until it has grown to redwood-like size. The nation's leadership is viewed not with respect, but with distrust. It is not the solution, but the problem. It has morphed from friend to enemy, at least for a not insignificant portion of the citizenry. The fringe is not going to go away, but instead it will grow. Its wounds will fester. It will continue to hammer away at an already fragile society. It may well lead to significant social unrest, even violence, and that violence is likely to be directed at those seen as responsible for the fiscal, financial and moral decay, which means the elite and the government that is seen as catering to it. New records in the Dow will not alter the focus, nor ameliorate the bubbling rage, even if the financial media or the Federal Reserve thinks it will. This growing demographic of citizens must have its concerns addressed before it is too late.

Woe to those who ignore it, because they will become the targets, rightfully or not.
To paraphrase a certain career New York Senator, “Mr. Government, get to work!” Or better yet, get out of the way.




 

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What is the 3x for the Dow and S & P?

And what is the bear version of the two?

TYIA

I don't think there is a 3x bull. You can buy the 2x on margin and that would be like 4x
 

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Just no way in hell it gets that high .... Oil would ramp with it and the burden of 4 even 5 summer gas would crush the struggling consumer .... At best they creepy crawl it sideways to slightly up for a while

I think they smartened up and not put so much money in oil. Cause if oil gets high, BB has to stop printing
 

the bear is back biatches!! printing cancel....
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Leveraged guys u should only use for extremely short term trades ...

Whether u bullish or bearish if the markets chop sideways for a while holding u get murdered
 

the bear is back biatches!! printing cancel....
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Just can't see how they will pull it off as very little of the funny money is filtering down to the consumer ... Who just got hit with a 2% reduction in take home pay as well ... Coupled with gas just hitting a record high for feb and 4+ summer looming ... Maybe they'll bubble it more and past 2007 at some point something will give in big ...
 

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Tiz,

Good news is a bad news, no news is good news and bad news is the BEST. That's a new normal. The market is like little spoiled kids. They can always demand for "MOAR" printing and sugar daddy Bernanke would give in. Stock market is for the 1%, foodstamp/EIC, housing subs, student loans....etc is for the 60%. The 39% in the middle is out of luck. They don't have a large investment that they would enjoy a massive equity rally since 2009 and they're making just enough to NOT eligible for any handouts.
 

the bear is back biatches!! printing cancel....
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It'll work till it doesn't ... Only way they can hyperinflation this bitch is if they start shoveling fiat directly to consumers .... Situation on the streets continue to stagnate at best as true inflation continues to roar ... Something will give eventually
 

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It will, as all bubbles would.
The market priced in another push back of spending cut, it's betting on Republican would show their vaginas instead of some balls again.
Long term risk is still Europe. Usual suspect is Spain, Italy, Portugal...
February is very volatile month. The bulls are off to a good start but I think it will trade sideway once it hits 1525.
 

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Here come the early spin..........

[h=1]Fed’s Bullard Urges Cutting QE Pace if Data Stay Strong[/h]
 

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