Friday, November 27, 2015

Season's Greetings from Deflation Land

From my family, and our friends the Assads, to yours, we wish you health and prosperity for the coming year.

wholesome and decent

blue eyes!  like mine

In an astounding twist of fate, Russia is now the guardian of the spark of Western Civilization, while the rest of the Old West rots from within.  The challenge to us all is to survive the collapse of the U.S. Empire in the days ahead.

Well, as long as the dollar still counts as the World Reserve Currency, we can still go shopping.


How long before these scenes are at Safeway and COSTCO?  Two years?  Three?

Austrians know how this story ends.  When the Dollar Era concludes, the mal-investments and unsustainable liabilities will be liquidated.

Do your best not to be one of them.



p.s. Can we get One More High?  Into FOMC?

11 comments:

Christian Gustafson said...

For the record, despite his status as a Hillary Clinton supporter and general scumbag, I absolutely love and strongly endorse what Martin Shkreli is doing to the KBIO shorts.

Dumb shorts must be liquidated before the real selloff can begin in earnest. They must sit and watch as the market crumbles before their eyes.

The strong do what they will; the weak suffer what they must.

Hugh Jazole said...
This comment has been removed by the author.
Hugh Jazole said...

UVXY getting more interesting by the day.

Bicycle said...

This finally showed up on my doorstep this morn, Canadian Post all the way from the BC. It is not easy to find in this condition, and if you ever come across a good copy for less than $50 American, you can buy it and flip it, like a 2005-era condo.

As for the S&P500, I now think we've formally topped in the summer and won't see new highs. Infact, I think we've truly now seen the kiss back to an old trend and are now just passing time until the demolition takes place. Things are going to get quite out of control heading into the winter. Late December... perhaps January. And it will feel as though it came out of nowhere. A truly stunning crash that will leave all of us... even the most bearish... gasping for breath.

Hugh Jazole said...

There goes the 52 week low on UVXY.

scott said...

so today should put the idea of new highs in the grave...

even if Draghi has a nuke in his shorts and goes full bulltard transgender

the new FINRA rule for selling stocks will be you have to do your trades on a webcam while wearing a dress and kissing a picture of Mario! lol

next stop china...off with their heads!

scott said...

this will puke a wave 3 down to 1927 with the structure ending below august

Bicycle said...

PermaDoomster has rightly pointed out that the Trans has failed trend today... all indices are in the danger zone here tho. Next bounce potential on DJIA would be on convergence of lower BB and 50 SMA @17350

scott said...

http://stockcharts.com/h-sc/ui?s=%24NYUD&p=D&st=2015-08-18&en=today&id=p35448066805&a=367854604

Vol Osc is breaking down with no rising bottoms pattern and price is not going to stop until the bottom of the Keltner, but it will fall through it

16750 is minimum target for wave 3 on the dow...probable 16250
https://www.flickr.com/photos/75188609@N07/22871464264/in/dateposted-public/

Bicycle said...

it is getting ugly out there... calling all bears...

T.Berry said...

after today bulls may start calling for more rate hikes. : ) still think no need to raise but rising raises are bullish so i'll go with the flow! looking like fed continues to get it right