Is the next big bubble to burst called MONEY??

[BBC3]

Really, I was shocked the other night when I was watching a bunch of ET info release type shows on History Channel 2 the other day (the crazy haired guy ya know..) BEHOLD, one of the SICKEST GOLD mongering commercials I have ever seem followed suit about 230 AM. I was really shocked that a channel supposedly dealing in FACT, which is what HISTORY is, would allow this advertiser... There was MANY clear disclaimers though.

What struck me odd is that the last Alien/conspiracy hour that ended was on of those that was based on possible Govt. involvement with E.T. - and then this Gold infomercial really rolled in EFFECTIVELY like icing on a cake. I noted that..:

1. The infomercial had a very Govt type feel to it. The way is was presented and the general flavor. They were selling it like is was the US Treasury speaking. And there IS NO DAMN WAY the US govt would allow these scam artists to present this if they were not sanctioning it I thought. It gave me the creeps.

2. The moral of the Gold infomercial is that they were selling Gold like it is the next best thing to butter, and SKEWING the STATS. I think in my last review of GOLD, I determined that it historically doubles over five years and just about the same as any good'ol UTILITIES Stock... But they were tweaking to make it sound like there is a fortune to be made overnight....

3. Finally I started thinking about a Gold Mongering Merchant on every fucking street corner these days and for the last five years solid. What gives...?

4. I might even recall them to be selling a little "brickett type CARD to put in wallet and break off little pieces to purchase goods with..?!? Or was that the alien show before.. But THAT'S the point..

Like any MARKET Commodity, GOLD is only worth WHAT FOLKS THINK ITS WORTH. That can be EITHER as ABSTRACT as a tech stock in the mid nineties (or even today), or it can even have REAL TANGIBLE Value if per say we are talking about using in science as REAL HARDWARE APPLICATION. But still the bottom line is that if there is NO ONE to NEED or USE a product made of GOLD - The market value is ZILCH...

Clearly, gold is more than just PERTY.... And I will GRANT YOU the ONE DIFFERENCE between a "stock" and a "Commodity", is that a commodity may actually have a more "non-disposable value" (say wheat to feed or the world starves). But Gold still falls somewhere in between with regard to the FOOD CHAIN...

Still I start thinking about the dollar and the economy RED HOT AS A RAZOR BARBED POKER IRON OFF THE KILN & about to explode DEPRECIABLE JISM all over the face of the world and then think. It might just be that there is a big fucking fear that folks may attempt to LIQUIDATE large amounts of assets to CASH!!!! E.G. Baby Boomer INHERITANCE per say. Then you start to think about current and past DISUATIONS to Discourage "PROFIT TAKING" on profits that were supposed to have already been made... Then look at 65% inheritance tax, which I THINK is back in swing(I think W. was the last president to switch it off for a while)/ and which are designed to control ASSET conversion to CASH & LIQUID. And you have to wonder....

What was amazing about this Gold infomercial is that is was one of those PAT ROBINSON/700 club type GRAPHIC FEAR MONGERING BASED Shows which would send you running out the door with your hair on fire if someone slipped you a hit of acid and turned it on. LOL We are talking CLOSE UPS on actors with psychotic EYES WIDE OPEN all you can see it WHITEHOLES shining into your brain kinda deals. If you were mentally diminished to ANY capacity - Say a senior citizen - you would have been picking up the phone to buy. I now recall they were selling these little candy bar brick like thinks to stick in your wallet and break off for use in BARTER...! Blew my freakin mind..! But it was SO DAMN NOXIOUSLY AGGRESSIVE that IF FTC does not step in a stop it, Govt has to be behind it...

 

[Voltrader]

Nice read BBC well written. You might be onto something.

 

[LW64]

The financial admin from my bank (Wells Fargo) called for our semiannual investments conversation. He assured me there will not be a stock market crash.

I heard this twice before: in 2002 and in 2008.

Oh, I almost forgot: before it was Wells Fargo, it was Wachovia.

And before it was Wachovia, it was First Union.
And before it was First Union, it was Signet.
And before it was Signet, it was Provident.
And before it was Provident, it was some other goddamn thing.

 

[Voltrader]

They like to call right before a crash so they don't have to when it does. lol.

 

[BBC3]

No I figure its reverse market psychology and a first in history, and first time such a ripe condition has presented. As for the first time ever, everyone is just preying to their money-god that things don't hit the shit again. NO ONE has forgot the 2008 crash.. NO ONE...!!! And it's always the small players that REALIZE and create upon themselves whatever happens and cause they like to think they known something. So by calling the shot, they are in essence - therefore preventing it, and perhaps even creating market support for some stratigiZing of potential long positions or just heavy general inside activity with no net result intended other than "hidden profit taking", re-positioning (more likely), . But just by the public announcement alone and by such prominent private individuals - in essence putting everyone HANGING ON THEIR NEXT WORD Prior to going into any king of selling frenzy. In short, they effectively froze the market I would suspect - but have not even looked. Perhaps a prelude to some fancy hedges via crazy straddle attempt to elicit Arbitrage conditions for easy money.?? Who fucking knows... If I am wrong then there ya go - and I know NOTHING.. I am not going to look as I am not vested at this time.

After all it is always wise to watch the big players as in essence WE ARE ALL chump change cannon fodder/market support for them to make the first MONEY/ the biggest profits which ever direction things are moving.

 

[LW64]

They like to call right before a crash so they don't have to when it does. lol.

None of them have ever experienced a crash. Every time it crashes, it clears the deck and they move on to become used car salesmen.

Then the next crop of youngsters take their place and drink the Coolaid for a few years before they are swept into the abyss.

 

[Voltrader]

After all it is always wise to watch the big players as in essence WE ARE ALL chump change cannon fodder/market support for them to make the first MONEY/ the biggest profits which ever direction things are moving.

That is it right there learn how to follow Goldman Institutional paper and you will be alright.

 

[LW64]

Voltrader,

Do you think there will be Fed interest rate increases any time soon ?

 

[BBC3]

The funny thing is that I don't even see where that matters any more. When none of the secondary markets even follow it anymore. Look at mortgage and private lending rates. They used to be relationally high/ now low. For the banks its just pick the poison you want to doll out...

Voltrader,

Do you think there will be Fed interest rate increases any time soon ?

 

[Voltrader]

Yellen says not .......I don't know, nothing like being between a rock and a hard place. They should but they know economic stability is risk factor #1 in their minds. Yellen is at least admitting to seeing pockets of unnecessary risk in the financial markets which raises concerns but they don't think they can risk raising rates to just help financial stability. So economic stability wins out in the feds risk radar so no increases.

So another words the current policy to save our economic situation is creating the same credit asset bubble that was created in the housing boom. Risky lending, high interest, loosening of credit, and irresponsible movement of money in equity,credit derivative markets. This time instead of housing it is automobiles anybody with I.D and address can get a car. Student loans, furniture, appliances type stores. It is all still being bundled up and turned into paper in the credit markets. Raising interest rates would slow down this behavior but they can't. The only out is a miraculous recovery before this credit market decides to burn.

Me.... I am in heavy cash had a great first half. I will bide my time here waiting to go short. There is a reason why institutional money keeps flowing into risk off investments. They always know they are the churners and burners.

 

[Voltrader]

The funny thing is that I don't even see where that matters any more. When none of the secondary markets even follow it anymore. Look at mortgage and private lending rates. They used to be relationally high/ now low. For the banks its just pick the poison you want to doll out...

Ha we posted at about the same time basically saying the same thing.

 

[LW64]

I dont think they are smart enough to turn two dials at the same time - l'm not even sure about one at a time. So I think they are watching the response to QE reduction and will make it up as they go along.

I would not rule out a hike.

 

[BBC3]

I was not aware of the auto industry being in good for the consumer. Last I heard, you had to have at least a 700 (Experian I think??) to qualify for the prime new car rates. Perhaps that has changed again...?

Now I have heard talk of a lot of student loan forgiveness either pending or ongoing. This market is the real joke of fantasy and flight.. LOL

On mortgages, this anomaly is completely market driven where those asshole banks will charge whatever the fuck they can get from the market - and fuck the FED / the Fed will follow THEM back up primarily. Its pretty sad when the govt and banking industry are having to keep such a big secret of foreclosures that they have to "release them" onto the market at a "controlled trickle" - else there would be so much blood in the water that even Jamaica would smell it.. This is the next big honey hole for monster investors as someone has GOT TO BE snapping these homes up slowly / I forecast "Investment Groups" rising with the hint of nice cash laundry operations will fall out eventually.

And ALL DAY LONG the fuking banks STILL STILL STILL profit taking at every fuking corner they can...! But I guess with no liquid on the books to make the overnight profits for them / the only way they can is through their ridiculous charges... But that whole fucking industry is FANTASY isn't it now... And almost NEVER doing a deal without an asset staked up to secure it. THIS IS NOT a monopoly. This is POWER...

Ha we posted at about the same time basically saying the same thing.

 

[Voltrader]

Yea prime rates but the sub-prime auto industry is out of control.

Power that is correct and how they stay in power.

 

[LW64]

Just about nothing was learned from 2008.

Same shit, different day.

 

[BBC3]

Yes but if you are talking about how they get the rate so low - Its the connection between the manufacturer and the financier. That cost is made up on the front end sale as loaded into price. Where the lender and the auto industry INTERSECT precisely, I have not looked hard enough to know - Other than the OBVIOUS "GMAC Financing". Still all that is just "sub'd-Out Capitalization", and on to bigger pockets. In fact, I suspect with consideration of TVM, they are actually making more MONEY profit overall, than if they priced the car straight up at the TRUE lower price, and utilized a higher fair interest rate on the PRODUCT (being the LOAN). Note the AUTO is now SMOKE and MIRRORS, and the MONEY is the GAME.. They can blow all the smoke they want about how the "soft cost" is gone and less room for negotiation. NOT TRUE. In fact, the AUTOMOBILE is at its CHEAPEST Price Point EVER with regard to how much it costs to make one. Point the finger back at the INTERGRAL PARTS COST and you just have the next layer of Profit Takers. Which could potentially be making even MORE than WHAT APPEARS to be the top of the Pyramid / just may be truly INVERSE all told. A car today is a SHADOW of what one first was with regard to RAW materials, Labor to Build, and Technology already there.

When you consider where Inflation REALLY IS, where it is going. Then think TAKE_PROFIT NOW. And a Dollar up front today is WAAAAYYyyyy more than you might imagine.. What looks like FREE MONEY is really a profit TEN FOLD, and in exchange for Crappier Product. Again, if you peel away a few layers, the MARKET is NOT Automobiles, Auto is the PRINCIPLE DISGUISE / Money is the market... Its a matter of "getting it while its good" which MIRRORED is the Destruction of WHAT IS... Greed...

Yea prime rates but the sub-prime auto industry is out of control.

Power that is correct and how they stay in power.

 

[Voltrader]

Yes but if you are talking about how they get the rate so low - Its the connection between the manufacturer and the financier. That cost is made up on the front end sale as loaded into price. Where the lender and the auto industry INTERSECT precisely, I have not looked hard enough to know - Other than the OBVIOUS "GMAC Financing". Still all that is just "sub'd-Out Capitalization", and on to bigger pockets. In fact, I suspect with consideration of TVM, they are actually making more MONEY profit overall, than if they priced the car straight up at the TRUE lower price, and utilized a higher fair interest rate on the PRODUCT (being the LOAN). Note the AUTO is now SMOKE and MIRRORS, and the MONEY is the GAME.. They can blow all the smoke they want about how the "soft cost" is gone and less room for negotiation. NOT TRUE. In fact, the AUTOMOBILE is at its CHEAPEST Price Point EVER with regard to how much it costs to make one. Point the finger back at the INTERGRAL PARTS COST and you just have the next layer of Profit Takers. Which could potentially be making even MORE than WHAT APPEARS to be the top of the Pyramid / just may be truly INVERSE all told. A car today is a SHADOW of what one first was with regard to RAW materials, Labor to Build, and Technology already there.

When you consider where Inflation REALLY IS, where it is going. Then think TAKE_PROFIT NOW. And a Dollar up front today is WAAAAYYyyyy more than you might imagine.. What looks like FREE MONEY is really a profit TEN FOLD, and in exchange for Crappier Product. Again, if you peel away a few layers, the MARKET is NOT Automobiles, Auto is the PRINCIPLE DISGUISE / Money is the market... Its a matter of "getting it while its good" which MIRRORED is the Destruction of WHAT IS... Greed...

I love the way you think. The last paragraph dead on.

 

[heady muscle]

All great posts and deciphering of propaganda.

Remember:
They Live. We Sleep.

 

[BBC3]

So lets solve it all right here @ MESO... Its all in the SPREAD.......

The REAL CONUNDRUM which Generation X and beyond faces is HOW DO WE FIX THIS FUCKED UP thing called the "Economy"...! When you consider that the DOLLAR is really just a psychological phenomena which is designed to TRANSCEND TRADES, Establish UNIFORMITY as an INSTRUMENT, and IMMORTALIZE Labor & Commodities - you start to get down to the Nitty-Gritty... So what happened.? Greed happened. Fueled by IGNORANCE. Humanity Happened. Lavish living and good times has ALLOWED confusion between Abstract Luxury and Core Staple Needs. And really, the first day that some LOADED ASSHOLE walked into a shop and said, "I'll take it - and the Sky's the limit"/ was the day the cycle began... This is the POINT of EXCESS which is IRREVOCABLY DAMAGING. NOTE - While this is NOT inflation, it IS the PRIMARY ENGINE of Inflation. And what damage is done in a breath and a transaction MUST be accounted - sooner or later. Its called RECONCILIATION. And its a BITCH.. There are some chickenshit/painful ways around it; like WAR, Crime/Civil insurrection, Famine, and Natural Forces like disease. But these are no longer affordable, so now we are left with Cock-in-hand and no money for lube...

When you consider that Humanity is nothing more than A Monkey Who is Smart Enough To Tell Himself a Lie and BELIEVE IT, then surely we can SPANK that MONKEY..? The unique quality about MONEY is that it has no TANGIBLE VALUE, and in fact is COMPLETELY ABSTRACT - IF - Not held CAPTIVE TO IT's PRIMARY MARKET... The Penny has already proved this. I wonder how far away it is before a dollar is not worth the paper and ink to print?! LOL... This ILLUSION is PROVED by the fact that you could technically completely offset inflation by inflating Wages, but something is going on in between (Yes, Other than the BANK LOL). There are three facets to the social money system..:

1. The value of a good or service
2. The value of the commodity MONEY.
3. The SPREAD or Rate of VARIANCE between the two. (where profit taking acts & tolls)

The principles they intersect with are..:

1. Human Needs
2. Human Labor/Contribution
3. The Spread between these two. (E.G - How sorry a fuck are you...? Period!)

** It should be noted that NATURAL RESOURCES ARE NOT/HAVE NEVER BEEN A FACTOR - At least TO DATE... We have always had the luxury of CONTROL of all of the above, as a society as a whole.

In short, and short of any temporarily influx of SPREADS. We are essentially right where we have always been, PRO-RATA. - OR COULD BE - THE RATE of the SPREAD is the DAMAGE/Profits Stolen Gone.. ** This is deceiving and can ONLY be qualified by the use of the measurement TIME.... But you have to first be able to recognize WHAT you are measuring...

Some ready problems are that:
(1) As the spread grows, the spread grows NOT Proportionally as operationally.
(2) The population growth curve is OPPOSING and NON-Linear to boot.
(3) Technology is the Curse of the two.
(4) An international market without International cooperation is a serious fly in the ointment as ORDERING OUT, and DINING OUT TOO, Is like paying for delivery and going to pick up your pie anyway..!

HIDDEN PROFIT and Worse is HIDDEN LOSS....

So in short, it has been advertised that is you order your pizza for delivery, and PRE-pay the delivery fee it cost 20$. But if you drive down here are pick it up before our driver can get in his car, we will give it to you for 10$, but you failed to realize that the Wear on your car, the Price of your time, and the Gas to go bring the price UP to 25$ in SUM Total - And that's if ya make it.... And the greatest issue being that you just depreciated your LIFE irreversibly, and wasted "Hidden liquid" on fuel, and squandered the asset - YOU. You might as well have stayed home, paid the $20, and FLUSHED $3 Bucks down your toilet that has a worm hole in the bottom tele-porting to another dimension (Or China).. And WHY??? Read again now if YOU have to ask... But you never even ASK... Then you would be the one thinking you had it all figure out proclaiming a TWO DOLLAR PROFIT....

Why all the self-delusion and irresponsibility...? Mortality I am guessing... That's the Devil telling you to Fear Today and Dread Tomorrow. Human psychology just may not be geared to entertain more than 35 years of life. There is a curve of Effective Functional Brain Capacity which increases exponentially as ILL as life time extends. Here you find "medical science" and driven by $MONEY$... Hmmm.

The Irony (really not irony) is that these same qualities that create our LIABILITIES, are the ASSETS by which we GROW our BOTTOM LINE as a SPECIES... The SPREAD being NET INCOME. The SIZE of the SPREAD relative to COMMON (Sense) STOCK as % of Assets...

I kinda lost track, but leavin it out there for what its worth...

 

[LW64]

It cant be fixed. Its FUBAR. The next generation is so fucked they are, like, beyond fucked.