Sunday, January 24, 2016

Of Oil, Electric Cars And The Clinton Family Pathology

For those of us that are old enough, if one opens their minds and hearts to what is unfolding around the world, one realizes how profound the endless chaos and volatility before us really is.  We look forward today to a world that is in the midst of incredibly powerful change.  Literally nothing will likely survive without some substantial crisis, transformation or outright failure.  I've had friends and associates who used to roll their eyes or laugh when I would talk about what's coming and, to a T, all of them are now worried about their fate.  The key is "their".  This global system, modern corporate capitalist society, the state and all of the manifestations of social dynamics they have created around the world today are almost exclusively defined by the ego and all of the neuroses, selfishness and outright evil it can muster. There is little room in this world for good. Evil reigns supreme.

The first thing I want to say about oil is what a clown the founder of Tesla has been exposed to be across a lot of fronts. I would classify Elon Musk as a poster child for the faux intellectualism that props up a global system of ignorance.  Just because you have a degree in physics doesn’t mean shit from shinola in this world.  I have nothing against Musk but I certainly have little empathy for ignorance.  The more this guy opens his mouth, the more he looks like a clown.  Whether that is is asinine attempts at motivating his employees by public threats of firing them or the absolutely idiotic statement that humans will become intelligent computer's pets or the asinine business of building electric cars.  (Something talked about here in the past is that humanity has no capability to create sentient life because it doesn't even understand what it is. And the mocking of mental midgets who tell us we are on the verge of creating computers that will eventually view humanity as pets. There is zero chance of artificial intelligence becoming self-aware or becoming "human" without a profound leap in human knowledge because science has absolutely no idea what the mind is, what the brain is or how the mind creates, invents, loves, expresses itself uniquely as individuals or achieves a state of mind that is beyond the self or is selfless.  Frankly, most of this capability likely doesn't even reside in the human brain. These belief systems around bullshit science are pernicious delusions created by the ego's perceptions of its own brilliance that are really nothing more than incredible ignorance and a complete lack of respect for that which the ego does not understand. Ignorance is a state of mind that is always punished by karma.)  

I’ve talked about Musk's rise to fame by essentially participating in the loot-fest of the no-earnings, no business model, non-existent sham companies in the 1990s Clinton administration-created fraud bubble.  Musk parlayed essentially useless, unproductive misallocation of capital into becoming one of the richest people on earth. And who was left holding the counterparty bag of this theft? That would be society.  You.  The Clinton 1990s were the institutionalization of massive fraud and corruption of our political and financial system.   Then Musk received most-favored status with liberal idiots who told us the world was running out of oil. As a result of that, he received a massive, privileged (fraud) government handout to build electric cars while countless millions of Americans couldn’t get a loan or funding to save their own lives.  Literally. 

Now, in a national survey this past few days, oil was down to $1.21 a gallon in one of the top markets in the U.S.   I filled up my gas-guzzling vehicle for $17.  When I was first writing that oil was headed to $10 a barrel and gas to $1 a gallon, that fill-up would have cost me 70-odd dollars.   We are now only 21 cents away from that magical dollar per gallon I was writing about when the price of oil was in triple digits.  You now pay 10x the price of oil for sugar and 40x that for your Starbucks specialty drink.  People looked at me like I was a complete idiot when I used to say oil was headed back to the 1998 lows of $10 a barrel and $1 a gallon for gasoline.  And, by the way, that the global economy would wipe out all of the gains from 1998 and before.  Don't worry, oil is telling you that's exactly what is happening if you really understand why it is collapsing.

Now because of misguided, idiotic policies by Obama, electricity costs in this nation are at an all-time high. Home electricity energy costs have exploded and people with low income and fixed income are being terrorized by Obama’s electricity policies. Literally.  I know people with 1200 square feet, all-electric homes who live in the Midwest that are paying $700 a month in winter electricity bills with their thermostats set at 62 degrees.  So, now electric car owners are being raked over the coals for energy costs while internal combustion car owners are living large and oil is going to drop even further. By the way, wait till all of those pathological thugs in OPEC countries can't pump oil fast enough to keep their fiefdoms from collapsing.  Just as I said would happen long ago. Guess what? They are then going to flood the world with their gold holdings to raise liquidity and destroy the price of gold. Another outcome written of on here many years ago.

You mark my word, we are on the verge of a social dynamic where owning a Tesla and paying out the ass for the electricity to run it versus owning an internal combustion engine and paying $1 a gallon for gasoline is going to be a badge of complete stupidity. Electric car owners are going to be mocked and chided as buffoons for believing in the liberal brainwashing of Peak Oil.  Everything is a lie.  Peak Oil, humanity behind global climate change and every other state-created lunacy of social brainwashing.  Like I said long ago, electric-powered Tesla’s will eventually be used as boat anchors. This is not a company long for this world; a long-time theme on here. In the end, the universe will expose Musk's ignorance.

I want to point to a few links in the press recently as it pertains to oil-

The world is drowning in oil
Davos chief warns plunging oil will drive more migration
Gasoline is already 46 cents a gallon
Crude oil is worth less than nothing
Big banks are holding the bag on cheap oil

Again, I’m not a big fan of conspiracy. Wall Street and the investor class are going to be punished mercilessly with the price of falling oil. Depending on how oil-related financial instruments were synthesized by hedge funds and banks, the collapse in oil has the potential to be like the collapse in the mortgage market. This goes way beyond just oil firms and banks to entire countries being impacted.   Russia is highly dependent on oil and basic material exports to keep its oligarchy afloat.  We can expect that to collapse too.  Of course, that has already been discussed on here ages ago.

Let me say something else. Everyone points to conflict in the Middle East as a tinder box for the price of oil to skyrocket higher.  That is generally bullshit that may have worked when the global pathology was in control of the horrible world they had created.  Those days are over.   The reality is all of these Middle Eastern puppet governments, including ISIS, are propped up by arms sales from the United States, Russia, China and other states. These backward fiefdoms aren't capable of waging any war other than on horseback with swords (which is a good thing) because they suppress economic development as a method of holding their tyrannical grip on humanity. So, they must pump every ounce of oil they can to get their hands on the dollars necessary to protect their pathological interests - buying weapons, bribing their citizens into passivity, paying off their thug armies and on and on and on.. They have no option other than to pump even more oil the lower the price goes.  And, mind you, with the global economy in the early stages of collapse, it's going to get a lot worse for oil and gold...... and everything else.

Finally, I want to talk about the Clinton family. I've noted on here many times that Bill Clinton is the worst president in American history. If you really understand what happened in the 1990s, and how the U.S. economy was collapsing under Clinton, you can appreciate that statement. Gold collapsed to $250 and oil to $10 a barrel under Clinton in 1998. Both were alerting us to coming global deflation. The world was deflating under Clinton and that is the only reason why we had the U.S. stock market bubble. That bubble wasn't about the brilliance of the U.S. economy or Clinton's brilliant leadership.  It was because the U.S. was collapsing. More on that another time but Reagan deregulated private, class-based capital or corporate capitalism and turned the U.S. citizens into slaves of private, class-based economic interests.  But it was Clinton who deregulated the borders of private, for-profit, class-based capital and turned the entire world into a loot-fest for corporate capitalism and the world's economic aristocracy. Bill Clinton exhibits all of the signs of incredibly severe pathology.  In spades.
 
Bill Clinton stalked me repeatedly after raping me
Top Google search – Will Hillary be prosecuted?
Bernie Sanders - Hillary Clinton is in serious trouble
Linda Tripp – Bill Clinton had thousands of affairs including other women in his administration

It appears questions about Clinton's misogyny, hatred of women and sexual violence against women started in college at Yale and followed him to Oxford where he studied as a Rhodes Scholar.  There appears to be evidence Clinton was accused of sexual assault numerous times during those years. And it has followed him his whole life. This is the exact same behavior as Catholic priests who actually sought out positions of authority as priests not to help humanity but to prey upon them.  Pathology always seeks out positions of class and hierarchy.  Pathology created class and hierarchy in the first place. The predators who destroy the lives of countless people as trusted spiritual advisors are the same as those drawn to political and corporate power who are in the midst of destroying the lives of humanity. Mind you, this type of behavior is potentially systemic in circles of the aristocracy's primary intent of control. Rumors and accusations of pedophile rings in Britain, the U.S. and elsewhere are commonplace in political circles.   And, much of this is now starting to gain some legs in Britain. Link here.  When one understands the ego's primary intent of control that creates institutionalization and its birth children, class & hierarchy, one appreciates that pathology, which has a primary intent of controlling others, and is the basis for pedophelia, rape, endless war, kyriarchy, misogyny, violence against women, bigotry, racism, the faux feminist's war against men and other violent crimes against humanity, are indeed manifestations of class-based violence.  Our country is not racist or bigoted or anything else. I reject that completely out of hand.  More white Americans are on welfare, in prison and on food stamps than any other profile based on race.  Everyone who isn't part of the club of class-based privilege is exploited by class.  In a system of class that forces humanity into competition for servitude to economic masters, one must either be on the receiving end of violence or be perpetuating it, often ignorantly, for the ruling class.

As I have noted time and again, our country's violence is a result of the institutionalization class. And it is class that perpetuates violence of all sorts against humanity and turns our brothers and sisters against each other in an endless manifestation of manipulation used to keep us fighting with each other so that we don't see the truth.  That is, we are all terrorized by class & hierarchy. Private, class-based capital or capitalism, corporations, privately-created money, the welfare state, debt, private banks, the military-industrial complex and on and on are all manifestations of this institutionalized, class-based violence.

Hillary Clinton is no authentic supporter of women's rights or democracy or any other manifestation of human dignity. It is often noted that one marries or chooses a spouse with the same level of emotional dysfunction or function.  That she has turned a blind eye to the behavior of her husband over decades gives us some indication of her pathology as well.  With the endless drama of the Clinton family pathology, and new revelations about both Bill and Hillary's behavior, the American people are getting a first-hand look at what it would be like to have this sickness and Godlessness  back in the White House.

I'm highly confident as noted on here over the years that both political parties (institutions of the ego or manifestations of class and hierarchy) are going to fail. And as noted in the past, that the Democratic Party will likely fail first.   I find it rather humorous that many in the Democratic Party view the rise of Donald Trump as the tinder to potentially create the collapse of the Republican Party.  At the same time they gloat about their candidate, Hillary Clinton.  What they don't yet understand is the rise of Hillary Clinton will have the exact same effect on their own party.  The ego is the perfect deceiver.



posted by TimingLogic at 7:35 PM links to this post

Sunday, January 17, 2016

2016–The Final Crisis Of Capitalism?

Over the years I have pointed to three future dates that are on my radar screen. Honestly, these dates are very powerful long-term cyclical astrological dates. As I’ve noted in past posts, there is ample evidence this is the most powerful period of cleansing and transformation that has existed in thousands of years, if not since the start of civilization.  The first of those three dates was 2013. When that date in Scorpio passed, I wrote that the battle between good and evil had begun. Interestingly, that’s when gold stocks and futures started its current collapse, currencies around the world started collapsing, ISIS started to gain an upper hand against Western states, oil started its current implosion,  high yield debt started its collapse, puppet governments in the Middle East started their crises and on and on.  Coicidence or simply correlation? Who knows. But I expect the entire Middle Eastern Islamofascist orthodoxy to fall.

I’ve already noted 2022 is a future date that I believe will be the date by which American empire will disappear. The ramifications for this are extraordinary and well beyond anyone’s comprehension. 

All that is left of those three dates is 2016. And, now that it is here, you can pretty much imagine what I would suspect is in store given my last few posts.  I suspect it will usher in corporate capitalism’s last and unrecoverable crisis.  That is, liquidity around the world has never been this tight. The behavior of global stocks will portend massive crisis for capitalism and the world economy. The stock market is one of capitalism’s funding mechanisms and the primary source of wealth for renter capitalists today.

People who believe we live in a post corporate capitalist world are clueless.  We are living through unprecedented days of glory for capitalism around the world. Fascists embrace it, communists embrace it, socialists embrace it, fiefdoms embrace it and on and on. Globalization is the ultimate manifestation of capitalism.

2016 is going to be an interesting year.  We already see that the world pays little attention to the U.S. empire. Obama speaks from his king’s pulpit but the world doesn’t listen. Republicans are horrified. No one respects or listens to the U.S. anymore. So, they promise more wars, more bombing, more beligerence and more dead.  They promise a return to the glory of being feared. But what they are missing is that the empire is in collapse. When outright physical violence is the only mechanism through which the United States can push its agenda. the end is nigh for its corporate capitalist empire.

For anyone who hasn’t been around since before 2008s collapse, all of it was predicted on here.  And, then in late 2008 I wrote that the Federal Reserve could print a substantial amount of money without causing inflation and that is exactly what they preceded to do. Then in early 2009 I wrote that the seeds of a rally were building and we had an unprecedented rise in financial assets that now appears ready to start its unwind.  With central bankers printing or handing out tens of trillions of dollars, still the world liquidity situation is dire beyond precedence. This is the worst start for stocks to a new year since the Great Depression. And, this should be no surprise because only twice on here have I issued dire warnings about coming liquidity shocks.  Once was before the 2008 collapse and again over the past year or so.

Over the last ten years I have noted a tremendous amount of what is coming. Below are but a handful of those anticipated outcomes, all of which are based on mathematics, complex systems analysis and the intuitive science of astrology.  The world is unfolding exactly as I wrote it would. In fact, there is no one anywhere who has written of so much well before anyone else. And, still, so many of my anticipated outcomes still aren’t on anyone’s radar screen. But, I certainly do expect all of them to come to pass in some form or another.  I say this because of the unprecedented levels of indoctrination, brainwashing and ignorance that exists. Not because I’m Albert Einstein.

Sample anticipated outcomes that are now in some degree of revealing themselves-

-The overarching them of the times in which we live is that this should be coined a cycle of volatility
-The world as you know it is finished. It is never coming back
-Most aspects of the state are already in collapse but they are simply being propped up through spiritual, emotional and physical violence.  For now.
-Class, hierarchy and resultant institutionalization of privilege is how evil and violence are perpetuated by the state – religion, corporations, communism, capitalism, political stooges, the economic aristocracy, Hollywood, Wall Street, central banks, debt-based money, the military-industrial complex, standing armies, faux intellectualism, state liberalism (as opposed to true virtuous liberalism), the media, etc. (Insitutions of the ego written of ad nauseam on here.)
-The back end of the 2008 crisis will be global and economic rather than financial.
-China and the U.S. is in a Nash Equilibrium that is going to shudder and shake when broken. The west is likely to dump a massively criminal China like a bad habit soon enough. Trade wars, outright war, and a huge breakup of this ludicrous economic “partnership” are coming.
-Institutions of the ego are going to see wholesale crisis and collapse
-Corporate capitalism is not compatible with democracy. It is an economic control system just like communism and every other ism. Capitalism glorifies the ignorance of corporate work and corporate careers in order to enslave humanity to forced state control.
-These social control systems are inherently unstable so they rely on greater and greater force or violence to maintain some semblance of stability.
-The only method through which anyone can consume more than they produce, be that a nation, a person or a corporation, is through some combination of emotional, spiritual and physical violence.
-The world is experiencing unprecedented violence today and most of it is emotional and spiritual.
-Ignorance is the birth child of violence and the world is experiencing unprecedented ignorance today. Most of which is with those who are successful economically who turn their gaze from the violence they support by saying nothing.
-We are in a war cycle and that war is likely between humanity and the state
-Globalization is finished. Localization will be the future.
-Wall Street will disappear
-The Federal Reserve will disappear
-The stock market and bond market may disappear
-This is a crisis of capitalism and not a housing crisis
-Wal-mart will disappear
-Google will implode
-Retail space in this country will collapse by at least 80%
-Every great “career” or well-being job in sports, entertainment, politics, banking and the like is going to see a massive collapse of up to 90% in salaries
-There will be a wholesale debt repudiation by humanity
-The global financial system will collapse
-Corporations of all types only exist in perpetutity by extracting rent whether that is debt or whether that is by creating prescription drug addictions or anything in between
-Every thug and crook imaginable will rear their ugly head in a power grab around the world as U.S. empire collapses
-China’s currency is worthless and it will either collapse against the dollar or be devalued
-China will burn through its dollar holdings and end up with a currency crisis
-China will collapse
-Russia will collapse
-Saudi Arabia will collapse
-India will collapse
-Brazil will collapse
-Canada operates under massive economic fraud and is toast
-The Middle Eastern puppet governments will implode
-Large states could very well disappear – That includes the United States
-The EU will fall appart
-Large corporations will fall like dominos or substantially become smal images of their former glory
-Oil will drop to $10 a barrel
-Gold will collapse
-The S&P is headed for $200-450 or worse, it may disappear.
-Money will likely become useless
-We will see a return to barter as a form of trade settlement
-Both political parties will collapse
-Politics as an institution will disappear
-The Vatican will collapse
-State’s Rights will re-emerge
-The military-industrial complex will collapse
-The medical-industrial complex will collapse
-The industrial food complex will collapse
-The U.S. empire will disappear

Never in the history of humanity has there been this degree of violence in this world. Never. But many people can’t see the violence because it is emotional or spiritual. It’s hidden in plain site. Therefore, it is so much more sinister and thus relies on unprecedented degrees of willful ignorance.  That is, turning a blind eye to that which exists in plain sight.  Especially within those who serve that evil.  Which, frankly, is anyone who is living large in the global economy. Literally. You can’t be successful economically in today’s world without serving the state in some manner. Even if it is a second or third order of servitude. There is literally no economic freedom in the world today. 

The karmic fate of this system has been set. It’s fate has been sealed. Karma is now starting to reveal itself on a massive level as humanity continues its awakening to the horrors that lie before it.   Or put another way, as humanity starts to reconnect to its own Divinity and, thus, rejects the evil, rot and corruption that dominates the entire world.

There is a thin veneer of faux intellectualism that props this system up. In the U.S. it is corporate executives, the senior military elite, the politicians, Hollywood and the state religion which is some kind of f*cked up Christianity that espouses a bombing for Jesus doctrine. But, beyond the veneer of faux intellectualism is the truth.  Intellectualism today isn’t intellectualism at all but rather a self-affirming ignorance.  The most brilliant and capable people in society are kept under the jack boot of tyranny while a small elitist aristocracy mocks anyone who threatens their own self-interested economic and political success. The ego is perfectly pernicious. Those who have found their way to the table of gluttony and excess stolen off of the sweat and intellectual capital of humanity deceive themselves because for them to see the truth would require all of these parasites to acknowledge their own part in perpetuating mass injustices and great evil against all life on this planet.  The ego creates a perfect blind spot to our own willful ignorance.  All of us.  As noted on here ad nauseam, the United States looks exactly like England in 1776 with its global corporate capitalist empire supported by the violene of its private banking cartel and it’s indentured military. 

Literally everything in this world has been corrupted by class and hierarchy. Individual liberty, intellectualism, reason, compassion, science, religion, education, leisure, medicine, government, all social constructs, money, democracy and on and on and on.  But, make no mistake, this system has already collapsed. It’s being propped up through all manner of institutionalized violence.  Class and hierarchy that is corporate capitalism and the state can only exist by those of self-appointed privilege literally pilfering and thieving everything from humanity. They have stolen literally everything from us. 

Stealing has openly become accepted as a social norm in the U.S. Something that surprises me beyond words. But really it shouldn’t surprise anyone because capitalism’s class-based concept of surplus value is how the ruling class steals from humanity to maintain their power over us. Stealing is how class and hierarchy maintains its grip on humanity so of course it has become accepted.

It’s good to be the king. Not much longer though. 

posted by TimingLogic at 8:29 PM links to this post

Sunday, December 20, 2015

Money And Markets Update With Special Consideration To Gold And Black Gold (Crude Oil)

I’m going to hold off on my radical Islam post and insert a market post in here. If one really appreciates how tight liquidity is around the world, then one recognizes how unnerving today actually is.   Global liquidity has never been this tight.   Ever.   I mean ever.   Central banks have no methods left of loosening that noose. And with the Federal Reserve now raising interest rates into the tightest liquidity the world has ever seen, it’s going to get even tighter. We should expect dead bodies to start floating to the surface. That could be countries, financial firms, hedge funds, corporations and even more and more of humanity.  Could policymakers act in nontraditional methods to loosed that liquidity?   Sure, but they are the driving ignorance behind this crisis in the first place. So, don’t bet on it.   Obama and both parties are ignorant to the messes they create through their own pathological megalomania. I literally have no idea what is going on in the debates. It really doesn’t matter. No one is going to save the world from crises that have been building for the last forty years.  Some of my long time themes are starting to expose themselves. One is that the socioeconomic control system that has been in place for the last 400-odd years is now likely in the midst of its final collapse.  That is, capitalism. And, that we will likely see states around the world in some degree of collapse. No one, and I literally mean no one, was writing that the vast majority of the crises in this world would reside outside of the United States back in the 2008 collapse. No one, and I mean no one, was writing that event was not a housing crisis but rather a coming economic calamity.   That is, except what was written on here. Nothing in today’s macro world should be a surprise to readers on here. It was all predicted through sound qualitative and quantitative analysis.  

I’ve only issued two dire liquidity calls on here in the last ten years.   The first was coming liquidity shocks in the U.S. leading into the 2008 collapse.  I wrote of that so often that I sounded like a broken record.   The other was in the second half of last year when I noted that liquidity was draining out of the global economy at an unprecedented rate.  I don’t make this stuff up.  Just because I don’t share every data point and analysis, mostly because there are so many pilferers on the Internet, there are actually scientific methods of measuring what I write about.    It’s not because I am some genius.  It’s because I use science to determine most of the specifics I write on here about markets and economics.  Something that neither finance nor economics really captures or understands.   Do you think Jamie Dimon, Barack Obama, Mao Zedong or Joseph Stalin used science?   Bahaha. The ego’s primary intent is to control. The state is here to control humanity or the benefit of the very few that enrich themselves through state violence. Humanity is in a battle for their very existence and that war is with the state.

Within months of my last liquidity call, oil started a massive collapse (which is not finished) and dozens of global currencies started their collapse.  Most of the world is now in early phases of depression or worse.   These are signs of unprecedented liquidity draining out of the global economy.  2016 could be very unnerving.   I would definitely make sure you have a month or two of food and a few months of cash in your physical possession if you can afford it.   I’m not sure cash will have any use at some point, but we aren’t there yet.  You don’t need to spend hundreds of dollars to have some degree of food available.   25lb bags of rice and beans should suffice.   Most Indian or Asian grocery stores have rice very cheap.   If you live more remotely, there are still methods that may cost a little more but are available.    We are almost certainly going to experience supply chain shocks at some point and whenever this system starts moving, it could be horrific and incredibly fast.

In the recent market weakness of some months ago, we saw the Dow open down over 1,000 points one day.   I noted many years ago that we could see a time arise where markets opened down thousands of Dow points.   That statement was really unheard of until I made it.   But, if you understand what I have talked about, you know how illiquid financial markets are becoming.    There are massive gaps in liquidity in all global markets right now. I’m not just talking about financial markets either.  This is likely to get much, much worse as the back end of this crisis metastasizes.   I don’t know what effect circuit breakers will have, if any, and neither does anyone else.   But a Dow down 2,000-3,000 or more at the open is certainly not a stretch. Again, another unique data point on here is that I see ample evidence that the stock market itself could very well disappear forever as this cycle winds down.  

This is a professional’s market and the reason this is a professional’s market is because it has been rigged to be.  This market was created for corporations and the ruling economic aristocracy.  Large financial firms on Wall Street and elsewhere, hedge funds and the like have created the perfect looting mechanism in financial markets being backed by the Federal Reserve’s easy money policies coupled with political fraud.  Don’t kid yourself.   The Federal Reserve is just a mechanism used by class to maintain control.  It’s no different than debt, corporations, political parties, standing armies, government spying or any of the other control mechanisms.   The real crisis in this nation and the world is the massive power grab by the state and the politicians who have destroyed everything through their palpable ignorance and hypocrisy.   But, people cheer for their political party or army or corporation because they won!   What they won was the unfettered rights to impose corporate and class-based will on the rest of humanity.  Possibly the most profound remark of Orwell was in the future there will be no loyalty except to the party.  How true that has become. But remember, another long time theme on here is that we will likely witness both political parties in this nation collapse. This was written well before the rise of alternative candidates and parties in Europe, the U.S. and elsewhere. It’s just beginning. As noted in prior remarks, I expect the Democratic Party to be the first to collapse. Obama likely believes he is setting up this nation for Democratic Party majority for decades to come. Possibly more. But, what he is ignorantly doing is creating its collapse. Guaranteed.  

The overarching theme on this blog for the last decade is that we are in a cycle of volatility.   And since 2008 we have been awaiting the back end of that storm.   We are still in the eye right now but the hurricane force winds are now picking back up and people are realizing another storm is on the way.  When Obama, corporate diktats and political predators told us this crisis had passed in 2009, they probably believed it. It’s this type of megalomania that has destroyed this world. The universe is teaching humanity a lesson right now. That is, to stop giving your power to class and hierarchy or the state. Market volatility a few months ago sent the VIX to a record for its largest percent change in its 25 year history.   Remember, as noted many times on here, volatility always precedes a change in trend.  Whether that is climate, financial markets, economics or anything else.  Volatility tells us the world is about to change. The world economy and climate are headed for a coming winter as noted on here countless times.

Crashing oil is telling us this is not a financial crisis but rather a massive economic and corporate capitalism crisis.  And the crisis is global.   Just as I have written it would be countless times over the last decade on here.  As more and more of the world reveals itself as I have written it would, it seems that this may be the end of the state control system of corporate capitalism.   These articles are some months old but they give an indication of how global and deep this crisis is becoming.  It will get much worse.

Hundreds of thousands protest as Brazil collapses. (I’ve written many times over the last decade that Brazil is headed for collapse.)

Russia’s depression deepens (Russia’s heavily commodity-dependent economy is in the midst of a widening depression. War and armaments are propping up the massively fraudulent Russian state.)

Oil companies travel back to 1986 as oil collapses (A long time theme on here is that oil is going to $10 a barrel.)

Saudi Arabia plans 27 billion in bonds. (Remember a long time theme on here is Saudi Arabia and other Middle Eastern oil fiefdoms are headed for collapse.)

Saudi Arabia may go broke. (Just as I wrote would happen many times over the last decade.)

Now let’s turn our attention to gold.   I have made quite a few substantially accurate calls on the shiny metal’s major moves in the past.   But, the long term price of gold is still appeals very strongly to a class of people who are heavily invested in this system.   Because if you own a lot of gold, you were or are heavily invested in the status quo.   The largest owners of gold are central banks, oil sheiks, the one percent and the predatory renter capitalist class.   They only got that large amount of gold by serving this system.  Or more importantly, rigging this system for their benefit and stealing it.   They looted the public treasury to get the money to buy all of that gold.    Now, they think that gold will protect them as the consequences of their actions come to pass.   Believing gold will now protect them is simply the ego trying to bargain with a massively corrupt system for its own self interest.   And betting that system is going to maintain some degree of power so that gold is actually worth something economically or monetarily when the dust settles is another belief system.   Belief systems are emotional control systems created by the ego.   In other words, don’t bet on it.  I just can’t see how anyone finds any comfort in holding an asset that is almost exclusively controlled by central banks and economic crooks at a time when their actions are starting to realize their karmic fate.   But, we shall let the price of gold speak for itself. 

The reality is most people who advocate gold really don’t understand money.   Gold is termed honest money by propagandists, shills, dunces and hierarchy.   If it’s so honest, how come all of the people who labor away to mine it get to keep none of it?   Instead it goes to the people who economically-control and prey upon the people who are mining it.    If gold is honest, then why have millions of acres of land been polluted by unethical mining practices as criminals seek it at any cost to the planet or humanity?  Nor do those who blow chunks about gold being honest money generally understand anything about economics other than those who have the gold make the rules.  That includes the biggest buyers of gold, the ruling elite and central banks.  I know a lot of people get upset when something like this is said but it’s true.   My intent is not to offend anyone.   By the way, it is only ego that is offended.  That we live in a world where everyone is offending everyone else should tell you how primitive and unevolved our existence has become under the violence of the corporate state.

One of the best proof points that everyone can see of draining liquidity is that everything is in crisis globally.   Including gold, which as noted here many times, is a proxy for central banking liquidity.   Steve Forbes is probably the only person I have ever seen talk about this in a level of working knowledge.  In the late 1990s Forbes proposed that we peg Federal Reserve policy to $400 gold.   If gold fell appreciably below $400, the Fed was too tight.   Above $400, it was too loose.   This was actually a pretty astute observation and mechanized what has often been horrendous Federal Reserve policy decisions that eventually drove gold into the stratosphere.  And as I have noted before, gold at $250 in the late 1990s was foretelling deflation and economic collapse in the U.S., but I don’t want to get off track here.   When gold starts dropping appreciably, we can safely conclude in most instances that central bank monetary policy is too tight.   Is that comical to say right now or what?   After central banks have essentially created tens of trillions of dollars out of thin air, have driven global interest rates to or near zero, and in real terms, well into negative territory, and they are too tight?   Yes.   Do you know how much money this system would have to print globally to keep the Ponzi Scheme going?   It is literally an impossibility. Literally. Central banks are not going to save anyone from anything. As noted many times on here, central banks are likely in their final phases of permanent collapse.   All central banks would destroy their respective currencies if they printed the amount of money necessary to stop this crisis.   But, then, most probably already have and we just haven’t seen the outcomes yet.    As discussed many times, central banks can’t fix what ails the global economy because the issue isn’t monetary.   It’s economic.   Politicians around the world created this crisis by ignorantly meddling in things they don’t understand because our state and corporate masters needed this to maintain control. And we supported their efforts at creating our own slavery.  

The new low stock list has been recently cluttered with gold and silver stocks.   Newmont Mining, which is a favorite proxy of mine, hasn’t seen its stock price this low since gold was $250 an ounce.   I wrote this would happen leading into 2008’s crisis and that gold and silver were headed for a dirt nap.   And those who were true believers in gold got murdered.   Now they are back blowing the same bullsh*t.   Commodity producer stocks almost always lead the price of the underlying commodities.   This is fundamental to the front-running of our monetary system.   I don’t give a hoot what someone is writing right now about underlying demand for gold being strong.  They don’t understand what is happening in the world.   But they will soon enough when they get butchered again.   So, that is either being inaccurately reported because of bias and beliefs or is going to change trend because central bankers have lost control.  The paper monetization of gold in the futures market has aberrated price to the upside quite substantially.   And so has the useless money printing in places like China that has gone on for decades.   China bought all of that gold with paper money that was being uselessly printed for a long, long time.   So, how much is that gold they purchased actually worth?   They purchased it will  yuan that is and has been uselessly printed for decades.   Look, I’ve noted for years on here that the yuan is worthless.  But the Chinese communists just don’t know it yet.   A devaluation in the price of the yuan was easily predictable as far back as the late 1990s because of a shift in China’s economic policies.   If someone understands economics as a control system or complex system, the global economy is not that hard to figure out.   I realize most people are busy leading their lives and doing other things but complex systems, economics and finance are sort of a hobby of mine.   So, while you are watching a baseball game, I’m analyzing the global economy.  It doesn’t mean I’m smarter than anyone else.   What is smart anyway?   A made up word because I would argue that our greatest degree of intelligence cannot even be measured.   That is, our ability to love, be empathetic, forgive, appreciate people for their difference, know the difference between justice and deceit and on and on.   Can you measure that?  No.   You can only experience our greatest intelligence.   That little old grandma who would dote on you and shower you with affection, how much smarter was she than anyone else in your life?  Than any politician, banker or CEO?

Anyway, I don’t have my trading system up anymore so I can’t comment shorter term on gold.   But as I’ve noted in the past, we could easily see central banks try to re-institute a gold-based trade settlement system again.   So, gold could eventually get some sea legs.   In the absence of what I would view as a temporary pop, because a gold trade settlement system would collapse the global economy, gold could easily go back to $250 or essentially go to zero if money loses its ability as a trade settlement medium.   Again, I don’t want to rehash everything.   Specifics and details on all of this are up on the blog and have been discussed many times.  But I do want to state that money that is now collapsing in value around the world.   This money was used to buy massive amounts of gold.   So, if the money used to buy gold is and always has been worthless, (and it has because money is not a store of value but rather a useless medium for the exchage of value itself) although that fact is just now revealing itself, then how much is gold actually worth?  Beyond its limited economic value in electronics or whatever, it is too worth nothing just as money is.    You think it’s worth something because the people who own all of the gold told you that.    They also tell you countless other lies.  

I want to highlight this last paragraph in some detail.    I got into a very brief discussion some months ago with someone who tried to tell me the stock market was not a bubble.  And that people were buying real assets that were backed with real, tangible value.  I remarked that some of those companies do represent real, tangible assets but the money used to buy them wasn’t a result of wealth being created, but instead simply being bought with money created without any economic purpose and hence zero value.   So, if one could print money endlessly out of thin air to buy stocks, and that process created wealth as Alan Greenspan has so non-brilliantly noted, why would anyone actually work?    We could just trade stocks all day.   Interestingly, that’s one of the biggest industries in the world today.  ie, Trading financial assets.    Delusions of grandeur.   Well, I can see how Greenspan would support such ignorance because we don’t really make a lot other than money and weapons.   

How much are those stocks really worth as determined by money?   The answer, in the specific case I gave was zero.   The stocks are worth nothing.   Because the money is worth nothing.    Money is not wealth.    Money is intrinsically worthless.   It could be peanuts or juju beans or marbles.   That includes gold.   You can have all of the gold in the world.   I will take all of the productive land and sea that produces food, raw materials and the like, all of the factories, all of the intellectual and physical labor and therefore, by conclusion, all of the food, clothing, technology, medicine, shelter, transportation, etc.    You can eat your gold, sleep on your gold, inject your gold into your body when you get sick, drive your gold on vacation, narcissistically watch your reflection of yourself in your gold, marry your gold, try to copulate with your gold - as most gold worshippers do, and whatnot.    I’ll be happy to eat all of the food, build my castle, have access to the finest health care, drive my Ferrari, own the finest clothes, go to the best restaurants and hire me a harem of thousands of women and thousands of slaves to amuse me.   You know, like good capitalists.   And I am not going to give you any of my output or any of the world’s labor or wit in return for your gold.   Why should I?  I own all of the wealth.    And how will I pay my harem and slaves who provide me that wealth and all of my riches?   With all of the output of my assets.  With tangible items that increase their happiness, their amusement, their entertainment, their leisure, productivity and their health.   I will pay them in all of the luxuries their labor and wit will provide them from the land, the sea and the creations of their wit and labor.   I don’t need money to do that and I certainly don’t need gold.   I can pay them in food, entertainment, shelter, healthcare, quality of life and whatnot.   You can try to lure them away with all of the gold you want.  Good luck with that.   They’ll come work for me because I offer them tangible value.  That is fundamentally how corporate slavery and capitalism works.  Or, for that matter, how any economic control system works. So, again how much are stocks worth in monetary terms?   Well, as long as wealth is being created, they are worth whatever that wealth is worth.   But the minute wealth is no longer being created, they are worth absolutely not a single dollar in monetary or gold valuations.    Do you think any of my slaves are going to leave me for your gold?   You offer them nothing but a worthless piece of metal that has just about zero economic value.   

Gold is worthless.   And so is money.    They always have been worthless.  And so are all of the stocks denominated in that worthless money.   What is worth something is wealth.  We are going to see massive worthless money destruction this cycle as political, corporate and banking dunces are taught a lesson by the universe in economics 101.

It’s good to be the king. Not much longer though.

posted by TimingLogic at 12:22 PM links to this post

Saturday, December 12, 2015

Radical Islam - The World Is Unfolding Exactly As I Have Said It Will

I haven't posted but one post in the last three months. I'm taking a hiatus. I may have lost much of my readership. I don't know. When a site closed down last year I lost 30-50,000 reads on some of my top posts at that site alone. So, I really don't know what's left of my readership. Not a big deal. It's a blog.  I really write for myself but I developed quite a substantial readership in the process. But, I am going to start posting more regularly at some point. 

I just want to put a place market here that I will be putting up a post on radical Islam probably in the coming week. And I want to talk about this potential ban on Muslim immigrants into the United States. The loony state liberals in this country are trying to dumb-down society by stating this is a position of hate. And the loony state neoliberals (Republicans) are generally silent.   I have written extensively about radical Islam. Not as much on here as on another site that used to publish my feeds. I mean a lot. Islam is in the midst of destroying itself just as corporate capitalism is.  The question is how much of humanity will these institutions of the ego take with them.  I have some great posts that you will not read anywhere else on what is really going on in the world both economically and as it relates to the human condition.  

Remember, hierarchical, institutionalized religion is an institution of the ego.  Or, put another way, an institution of man. Institutionalization, class and hierarchy are not a reflection of our divinity or our spirituality.  And, as a result institutionalization, including religion, spreads through terror, murder and violence.  Just like the state. And, if you believe Buddhism, as an example, is any different, don't kid yourself. Buddhists are often the perpetrators of violence, including murder, against other religions in Asia. There are many beautiful messages in religion but once again, class and hierarchy use institutionalization for their own pathological megalomania.  And, institutionalization has been identified on here as a precursor to collapse. 

Peace
posted by TimingLogic at 10:56 AM links to this post

Saturday, October 31, 2015

Reports Of My Death Have Been Greatly Exaggerated….. But The Death Of Globalization Is Not.

One of my favorite quotes from Mark Twain. No, I’m not dead. But I have been taking a hiatus. I’m going to try to get back to a post a week or so. Lot’s to talk about. Too much, actually. But on this Halloween, let me keep it brief. I visited my family last week and the small community I grew up in has been obliterated over the last 30+ years by the massive corruption of the U.S. government, Wall Street and state-propped up corporations. What used to be an incredibly wealthy, educated community of generally blue collar workers is now a heroine, meth, bath salts capital with massive unemployment, underemployment and, maybe more importantly, no hope for many.  It is a shithole for many. But, people try their best and most are very proud people who have done whatever it takes. These are the people who made America great. And the state has just about taken everything from many. That’s a very dangerous dynamic as history tells us. In ancient Athens, in France and elsewhere, those people rose up and expired the political and economic aristocracy. Let’s hope that what remains of our constitution can be used to reform our society without the madness. We shall see.

When I was a small child I had my first experiences with neoliberalism. I saw many of my family members and friend’s parents lose their jobs as factories began to shutter and jobs were moved to relatively cheaper options; be that in the U.S. or elsewhere.  Most of this was accomplished through mergers and acquisitions. One visual I will never forget is my best friend’s father, a single parent raising two boys, with no money, no hope and no ability within his control to save his own dignity after his job disappeared because the company could move their factory elsewhere. Memories of his two boys, him and me standing in his kitchen with him near the breaking point are something I will never forget. I might have been 10? Don’t tell me kids don’t see this.  Kids live substantially through the experiences of their parents and caregivers. What is a small child to do? That memory still haunts me. I think I’ve only told one other person of this, my mom, and that was years ago. But there isn’t a year that goes by when I don’t think of that moment half a dozen or more times. That man was one of the most decent people I have ever met. Now, he eventually found a way to make it to retirement by bartering and odd jobs but he never did find another stable form of employment.

Off the top of my head there were probably seven major local employers in that community of 10,000 people. I’ve added this up with the help of relatives and there were probably about 5,500 good paying jobs in those employers. People from other communities and the countryside worked in that town.  The factories were generally unionized and they had retirement plans. And most were locally-started and locally-owned. You could roll out of bed when you were 18 and get a job where someone invested in you, trained you and made you a productive asset in society. The school systems hadn’t yet been destroyed either. Nor had the fundamental social fabric as is the case today.  Today, only one major employer and it has been thrown around like a hot potato. It has been owned by many major multinationals and is now owned by the largest steel producer in the world, Arcelor Mittal.  For those of you who don’t know, Arcelor was probably the largest steel company in Europe through acquisition. Mittal was the largest steel company in India through acquisition.  Arcelor Mittal is a company that is headed for the dung heap. As I have noted many times, the mergers and acquisitions bubble of the last 20 years is incredible. Maybe $200 trillion plus globally in size. It is going to pop. Mark my word. Arcelor Mittal and most of these other massive firms are on borrowed time.  Other the last ten years one of the major themes on here is that we are in the midst of the “end of big”.  The dinosaurs are nearing extinction, be that the state or state-created firms that are propped up by rigging the game for the benefit of state actor. (As as aside, what if that money had been spent on human development and rebuilding our communities instead of useless financial wizardry?)

Anyhow, the only manufacturer left is a pretty large steel mill. It produces highly-specialized products and is tied in very tightly with globalization.  The talk of the town today is about this mill. For the last 10+ years, I believe this mill has been running three shifts, seven days a week. By the end of the year, I was told they will be down to one shift. A family member knows one of the local executives quite well. He told my family member that everyone who was hired in the last 7 years, or possibly more, is going to be released by the end of the year. I told my family that those jobs are never coming back. Ever. That is, unless we see this economic system collapse or defeated by humanity. (Which WILL happen. The universe is already well on its way to dismantling this great evil.) I don’t know how many people will be laid off or if they were running the same production loads on all three shifts or what, but I can imagine this could be quite a few hundred people.  If they were running three shifts at full production, it will likely be a whole lot more than that. The reason given was a slowdown in Chinese orders.

Can you imagine how that is going to impact the local economy and the ripple effects it will have?  Do you think Obama or Paul Ryan or any of these other political dunces are going to save those people? Hahaha. That is an effing joke. Politicians and the state destroyed the lives of those people. How many thousands and millions of examples of this are happening around the world? What is a Washington politician, thousands of miles away, going to do to solve the millions of unique, individual issues that people have across this nation? They can’t. It’s an impossibility. The only way humanity will ever be able to do that is by recreating community. And that means taking their power back from the state, politicians, bankers and corporations.

You can’t believe any of the mainstream media’s bullshit. And you can’t believe politicians because they are the ones feeding the media the bullshit.

It’s coming.

posted by TimingLogic at 8:18 AM links to this post

Sunday, September 27, 2015

Is An Ice Age On The Way?

Well, first just a comment about my last post’s reference to diapers.   It’s becoming that time to load up.   Because October has the potential to be a very unnerving month for financial markets.   We aren’t going to see a 90% drop in one month that I am forecasting as a low for this cycle, but we could see markets rattled to the point that confidence in politicians and central bankers is destroyed.    Well, more broadly, that confidence in institutions of the ego are destroyed - corporations, religious hierarchy of any kind, politicians, the military-industrial complex, institutionalized hierarchical science, anti-democratic hierarchal debt-base money and on and on and on.  They are all intertwined.  They are all artificial control creations of the state.

There is ample evidence much of what mainstream science believes about climate is bullshit.   That is not a political statement.  Or is it?   I guess it is since the comingling of science and the state has led to this brainwashing and fraud we used to call science.   Politicians like Barack Obama, the United Nations and the Republican Party don’t understand the first thing about science.  Their minds operate on the ego’s intent of control as do all people who seek power and dominion over others.   What they understand is control.    We see that quite clearly as they have their jack boot on the neck of humanity in countless ways.   The climate diatribe being just one of them.   Everything touched by the state, by politicians or by corporations is a lie.  The world has become a mass delusion.   That means every social construct and every meme we believe is probably a lie.   Why would the climate meme be any different?   It’s a ploy by state liberalism to control the world.   And given no climate scientist would have a job without government funding, because there is no private market for climate science, we are guaranteed a political outcome.    I find it unbelievable how many people can’t see through these deceptions.   In the U.S. climate science would line the pockets of banks through carbon trading similar to Enron, it would guarantee a cap on economic development in undeveloped nations, thus enslaving them to developed nation’s rent-seeking economic endeavors and it would give politicians total control over another aspect of our existence.  

The sun plays the major role in climate as far as science understands.   Period.   Even NASA has reported this and I have linked to one of their detailed scientific reports at the National Academy of Sciences on this topic.    The earth and sun (as well as the solar system, the galaxy, the universe and possibly even life on earth)  interact in ways that we clearly don’t yet fully understand.    Frankly, we don’t really understand a lot of anything.   But continued discovery or an open mind and an open heart should be our intent.   That is, rather than institutionalizing control theories that often end up enslaving humanity to more flat earth nonsense from ignoramuses like politicians, corporate bureaucrats and the like.  

Do you see that third little bluish-green dot from the left in the picture below?   That’s earth in comparison to the sun.   The sun is a million times larger than the earth.   That is a number that is meaningless as our tiny little heads have a hard time appreciating what that means.   This graphic helps.   Now, get out your electron beam microscope.   Do you see all of the people on that little dot called earth?    There are 200 million square miles on earth.    All of humanity would fit into a one mile cube on the face of the earth.  So, if the sun is a million times larger than the earth, and there are 200 million square miles on the earth’s surface, and we can fit all of humanity into one of those 200 million squares, just out of curiosity, how much do you think the earth’s climate is impacted by the sun versus people?   That is, even if carbon dioxide was a greenhouse gas.   Which, many substantial scientists still doubt.  And, if you really appreciate how little we understand, and how the atmosphere is not a closed system in a lab where data can be easily ascertained, then you appreciate that too.   The earth’s atmosphere is not a closed system in a lab.   It’s a complex system that self-regulates through interactions with the universe in ways we really are clueless about.      

Sun

I had some conversations with a gentleman some years ago who compared human-caused global warming to Lysenkoism.  If you have never heard of this, I would suggest you consider reading this Forbes article because it will make you very uncomfortable with the state of science given the comingling of politics, the state, corporations and the the search for truth that is the fundamental basis for science.    There is no such thing as complete certainty and there is no such thing as the science is settled.   That the global warming crowd guarantees us such certainly tells us how much it is driven by the ego’s intent of control rather than our higher power’s search for truth.

Before I continue on, I want to share a recent experience.   A month or so ago I was invited to dinner with about ten other guys.   I only knew one of them.  Five of them were PhDs in the sciences.   Everyone but one had a degree in the sciences.   I was seated next to a gentleman who was introduced as one of the top climate scientists in the country.    I guess he has been on TV and in the media circuit quite a bit.   Anyway, a super nice guy.   You know what’s coming next.   So, as we started to chat amongst ourselves I asked him the obvious question.   Are humans mostly responsible for climate change.   His answer was that he was afraid so.   Because otherwise, if it were of natural origins, temperature or CO2 would have abated by now.   Okay, now I know everything else out of this guy’s mouth is going to be bullshit, nice guy or not.   Why?   Because the Vostok ice core samples going back hundreds of thousands of years show very long cycles of elevated CO2 and temperature.   And as noted in many scientific journals, CO2 always  lags temperature by about a thousand years.   So, what does that tell us?   The science is not repeatable, that CO2 is a dependent variable whose action is based on temperature or some other independent variable, and therefore, any assumptions about CO2 the mainstream climate community has today are bullshit.   Just sayin.

So, I asked him how much he factored the sun into his analysis.  Flat out, the answer was no factoring at all.   I then asked him if he knew that the Max Planck Institute had released a report that showed in the last 60 or 70 years that the sun has been more active than at any time in the last 8,000 years.   He had never heard of that.   And then I asked him if he knew that the sun had now collapsed and by many estimations was as weak as it had ever been in the last 1,000 years but definitely weaker than anytime in the last 250-odd years.   No.   Now, this wasn’t the Spanish Inquisition, but what the hell is a climate scientist anyway?   And if they don’t study the sun’s effect on earth, WTF are they doing?   I didn’t make this a whole table discussion meant to embarrass the guy and I stopped before the punchline, but I was asking honest and important questions and he was clueless.    This shows how little climate science is vetted and peer reviewed.   If he stood in front of a crowd of scientists and tried to pull this bullshit, he would be destroyed.   His reputation would be irreparably harmed.    He’s no different than any of the other idiots shoving this politically-motivated climate drivel down our throat.   Now, I see some of these “scientists”, ahem, want to start putting people like me in prison for being a denier.   That works out well with the fascist, communist bowl of rot and corruption that defines the state.  

Rather than continue babbling on, let me provide a few links that have come up over the last handful of months on the topic.   A long time theme on here is that we will live to see the day Al Gore loses his Nobel Prize for bullshit science.   Just like Obama mocked science and truth with his Nobel Prize for running more aerial bombing missions than any other president in history.   That includes World War II.    Another long time theme on here is that we are headed for a cold and dry climate.   That has been a them for a lot of years and well before any of the massive droughts we are seeing around the world.   It’s coming. 

Is an ice age on the way?   Why, yes it likely is.

Pluto wags its tale  Pluto may be the most powerful planet in the solar system.   And as its secrets are revealed, new theories about the solar system and the universe will almost certainly unfold over time.

Ionosphere collapses  While this was back in 2008, I wanted to highlight this for a reason.   One of the theories that some real scientists have postulated is that heat is allowed to escape into space and is thus regulated in our atmosphere.   If  this is true, then a collapsing ionosphere may contribute to a colder climate.   But, the ionosphere is largely driven by the sun.   So, when this was noted back in 2008, the sun had collapsed with an unprecedented-in-modern-times zero sunspots for quite some time.   The universe is connected.   And many of our simple-minded theories are going to collapse. 

ABC News apocalyptic climate forecast for 2015   This ties into the next link as well.   This is something I have talked about quite a bit.   If you can’t produce consistently replicatable results, then it isn’t science.   It’s opinion, beliefs, ego, self-deceit, lies of the mind or whatever you want to call it.   The human-caused global warming crowd has made a lot of predictions based on their bullshit models.   And literally every single one of their predictions has been wrong.   When Einstein came up with the theory of relativity, it was tested and proven.   Now, are there flaws in the testing or the theory?   Who knows.   But, from what we know today, it is replicatable.   Just like every single time you turn on your light switch at home, a light comes on.   

75% of mental health science is bullshit  While this isn’t directly applicable, it does prove how pervasive junk science is.   This is due to institutionalization and the dynamics that come with it.    That includes the profit motive, the career motive, the advancement motive of class & hierarchy, the motive of tenureship tied to production of published works and on and on and on.   By the way, it is also a long time theme on here that mental health science is dubious at best and bullshit at worst.   It doesn’t take a rocket science to understand that if the mental health community only can develop a cure rate of 2-5 percent for any kinds of illnesses, (statistical noise that is effectively zero percent cure rate) that the underlying theories and science are preposterous.   Mainstream, institutionalized mental health is ridiculous.   And so is pumping everything full of mind-altering prescription drugs to habituate humans to the endless emotional, spiritual, social and physical violence of modern state-created society.

posted by TimingLogic at 9:48 AM links to this post

Friday, September 11, 2015

Money And Markets Update: Three Peaks And A Domed House On The Value Line Index?

VLEThreePeaksDomedHouse

Value Line Index – click on image for a larger view

DomedHouse

Vale Line Index Domed House – click on image for a larger view

Link to daily updated Value Line Index chart #1

Link to daily updated Value Line Index chart #2

As usual, an introductory paragraph of general thoughts for the day.  Isn’t it obvious by now that no one in the system has any clue what’s going on?   The system’s “experts” keep telling us everything will be okay or will stabilize or be contained.  Most recently the Chinese prime minister told the world that they will not have a hard landing.   And that the communists have methods of ensuring that doesn’t happen.   Bahaha!!!  You mean like the Soviet Union?   The ignorance and arrogance of that statement is palpable.  What else is a bureaucrat to say?   I was flicking through the channels about a year ago and I came across the Anthony Bourdain traveling food show.   He was in China so I watched a little of it.   I remember one point from that show.   (paraphrasing) One of the guests, who was Chinese, told him that the future was incredibly bright.   That around 90% of people in China believed their prosperity in coming years would only increase.    How’s that working out for you?   Given society, especially communist Chinese society, is the Borg, that statement should be very telling.   The universe has a long way to go in shattering that delusional belief system.  All of these experts tell us everything will be okay but none of them ever anticipate anything that ever happens.   Well, other than everything will be okay when something blows up in their face.

Above are two charts of the Value Line Index.   I thought I would throw this up before the remainder of my financial market updates because of the timeliness and urgency of markets.  As I’ve noted before, I have shut down my trading system.   It was just too expensive to maintain unless I was using it to make money.   And as noted on here mid last year, I am out of financial markets.   Likely forever.   So, I don’t have access to any of my algorithms anymore.    That is mainly why I am out of the intermediate term and shorter term forecasting business.   I don’t have the data to accurately or intelligently remark of markets unless I am using generally available analysis like government data or the charts above.   But I do want to share a pretty big secret hidden in plain sight that will give anyone who is still in the casino the ability to make some pretty accurate and intelligent decisions.    What am I talking about?  The Value Line Index.

Value Line is a lost name in the financial world.  It’s a company that has been around nearly one hundred years but you never see it mentioned anywhere anymore.   When I was a kid I remember sending away for these massive binders they would sell at introductory prices.   They were stuffed with enormous amounts of data and information about stocks.   Value Line was an incredible gem at that time.   With the rise of the internet in the last 15 years or so, I really don’t know what Value Line offers.   But I’m sure it’s even more voluminous. 

One of the gems of Value Line is a nearly anonymous index called the Value Line Index.  People who have been in financial markets more than the last fifteen years or so, and who are savvy market sages will clearly recognize the name of Value Line as a leader in market research.  The Value Line Index is an equally weighted index of about 1,600 high quality companies in the U.S.  (I have provided permanent links to the index that you can save into your browser bookmarks if you like.)    But what is unique about the Index is that it is equally weighted and comprised only of high quality stocks.   In the last twenty years Wall Street has brought forth so many useless trading products, derivatives, ETFs, bonds trading as stocks, companies that shouldn’t be traded publicly and the like.  Obviously, all to feed the profit beast.   So, the Value Line Index is really a unique look at the overall health of markets as it whittles away all of the junk and noise that has become the major stock exchanges.    The Index also serves as a perfect cumulative advance-decline line given all of the companies in the index are equally-weighted.   So, the index will only move higher if the majority of company stocks are moving higher, regardless of their size.   Within the Index, a small company is weighted equally with the largest company.    Simply by looking at the trend of the index, you can tell if more high quality stocks are rising or falling.   Included on the charts are 200, 50 and 20 day moving averages to get a better visual of the trend.   The legend of which is what color is in the upper left corner of the charts.  

This is pretty important because all of the advance-decline lines generally available are junk.   They include so many things other than high quality stocks.  ie, ETFs, bonds trading as stocks, ETNs and the like.   I created and programmed my own advance-decline data because of this.  And that is why I noted on here some years ago when everyone was saying that we were getting all of these Hindenburg Omens, that they were wrong.   The Hindenburg Omen was a rip-off of Norman Fosback’s work and he did not calculate his work using the flawed metrics that people use today in Hindenburg Omen calculations.    My point is that the Value Line Index works better than the NYSE or Nasdaq advance-decline lines and is a very powerful tool.   

In the first chart I have highlighted in yellow what looks very much like a Three Peaks and a Domed House pattern.    I haven’t applied that term to any indices in the U.S. since leading into the 2008 collapse.    There is a very technical interpretation of that pattern that tries to lay out dozens of points but it’s a lot of drivel.   But, the pattern itself is a repeated pattern.   ie, Markets start to top and form smaller peaks, in this case three.   Then, as a last bit of hubris hits buyers at the very end of trend, there is one final exhaustion push higher in a rounded or Domed House that then leads into eventual collapse.   Is that where we are today in the Value Line Index?   Well, that’s for you to decide.   But, I bring it up for a reason.   With liquidity around the world evaporating at such an incredible, and literally unprecedented clip, this has all of the makings of a massive top.   

On a shorter term basis, you can see from the close up on the second chart that the 20 day moving average or 20 day price trend is pointing straight down.  And the 50 day or 2.5 month moving average or price trend is barreling right behind.  Draw your own conclusions.  (Moving averages help you better see trends) 

The Value Line Index uniquely gives the health of markets in an environment like we have been in the for the last two decades or so.   That is, when derivatives, program trading and massive market liquidity allows Wall Street and major hedge funds to buy the entire market through the proverbial  push of a button.   ie, Computer trading.   Historically, the Value Line Index may not provide such a clear picture of market health.  Certain sectors may be in vogue.   And markets could levitate or go higher without the majority of stocks going with them. (Those are long lost days when stock pickers and fundamental analysis actually mattered.) But with everything either going up or going down, as it does in this liquidity bubble and computer trading that it allows, the Index is the perfect barometer for those without a lot of quantitative and qualitative knowledge of markets.    By the way, all of this computer trading in the world today is going to fail.    All of it.   I’ll put up a post on why quantitative finance must  mathematically fail at some point.   But it’s coming.   Guaranteed.   And just as I have noted many times, the only thing that will save you in a quantitative finance bubble is qualitative understanding of what is going on.   That means a fundamentals-based view of markets.   That doesn’t exist almost anywhere anymore.   The world, especially in finance and economics, has gone full bore retard.   No one knows how to read a balance sheet, an income statement, an earnings statement or, more importantly, all of the footnotes aka lies that we are being told in today’s dystopian world.   No one in the financial, political or economics Borg really has any idea what is happening or how profound this moment is.

In closing, just for giggles, well, and for the horror effect, below is a 25 year chart of the Value Line Index.   Horror because, as I have noted ad nauseam on here, the U.S. economy peaked around 1975-80-ish.   (Large details on that eventually)   You get a longer term perspective on the Three Peaks and a Domed House pattern in the chart below.  On this monthly chart, the index has clearly made a major breakdown.   Will it be temporary?   Will central banks and politicians find a way to overcome evaporating liquidity in the biggest financial bubble the world has ever seen?   Well, I guess that depends on if you believe in saviors.   The world apparently does because we’ve all give our masters unprecedented power over our lives.  And look what they have done with it.  

By the way, the Value Line index has made a lower low on the second chart above.   If it fails to overcome that and make a new higher high, personally, if I had money in markets, I’d make sure to stock up on as many boxes of diapers as I could find.  Because the next stop down is probably around 3,000 on the index as shown on the third chart below.  Ultimately, I would expect the Value Line Index to break the 2002 and 2008 lows.   Just sayin. 

ValueLine1

posted by TimingLogic at 12:04 PM links to this post

Thursday, September 10, 2015

Is A Coup d'Etat In The Works At The Vatican?

It seems that The Vatican is in the press regularly.   And not always for good reasons.  This article about the internal division points to what the truth really is.   That is, the Vatican is a hierarchical control construct that derives its power through institutionalization.   And, it too may be nearing collapse as all hierarchical institutions of control teeter on the precipice.   It is quite plausible that The Vatican could collapse from within as its power structure (the ego’s intent of control) turns against itself.  Regardless, institutionalization means that any hierarchical bureaucracy perpetuates itself through violence.   The internal power struggle at The Vatican is exactly that.   The new Pope appears to have certainly unleashed a firestorm within The Vatican bureaucracy.    Capitalists especially hate the Pope for calling out the basic tenets of capitalism - greed, profit and money - as the devil’s dung.   This Pope is highly political.  And his foray into global politics has offended nearly everyone in power around the world at some point or another.   

I noted right after the  2008 collapse that the unity shown by global “leaders” would eventually give way to them turning against each other.   Ahem.    I wasn’t talking about The Vatican but isn’t that what is going on here?   All hierarchical systems are control systems.   Those who run them are not public servants or servants in any regard except to institutionalization.  ie, Dogma, orthodoxy, the appearance of order, contrived rules, etc.   They have a primary interest in their own pathological intent of control - rank, title, class, powers and privilege.   When that power is threatened, those who are institutionalized will defend that power through violence.    Every now and then a true public servant may slip through.   Not very often.   And when they do, you will know them by being universally attacked by hierarchy and class.   How much selflessness and Godliness (love) are involved in these petty political power games at The Vatican?   None.   It is all being driven by the all-consuming self or ego and its pedantic and inane vacuousness.

If The Vatican experiences substantial crisis or outright collapse this cycle, and I am quite confident it will, mostly for reasons not yet discussed, that doesn’t mean Catholicism will collapse or local Catholic churches will collapse.  But who knows.   We do know that local churches are generally not hierarchical.   That is, unless its local leadership are not truly servants are instead pathological or driven by their own intent of power and control.    There certainly are plenty of lunatics in this world.   That some of them end up in religion isn’t an indictment of religion but rather an indictment of hierarchy and class.  The old saying that more people have died in the name of religion really is an indictment of hierarchy and class.  And, in actuality, more people have died in the name of the state, which is the ultimate manifestation of hierarchy and class.   Hmm,  Isn’t The Vatican a state?    Just sayin.

posted by TimingLogic at 8:54 AM links to this post

Monday, September 07, 2015

A Labor Day Post: The Ingrained and Unmindful Ignorance Of Class Exceptionalism And State Privilege

There is a myth out there that within this economic system we all have some great ability to create this life of wonderment including a wonderful career that we love.   The reality is someone always has to plant and pick the food we eat.   Someone needs to mine the raw materials we use.   Someone needs to take the dirty sheets from privilege’s hotel room.   Someone needs to slave away in a factory with a few short breaks a day while spending the other eight to twelve hours sitting or standing in the same spot doing the same repetitive task over and over and over again.   Someone has to clean the toilets.   Those are the “lucky” people.    They provide class and state privilege with incredible  entitlement.    They produce the phones, the   TVs, the clothes, the electronics, the cars, the gadgets, the consumer goods, the eyewear, the furniture, the homes and on and on and on that privilege and class consumes.   There are billions of other people who aren’t so “lucky”.   They are the marginalized who live in the world’s ghettos and shanty towns.   Those who have no voice because it is drowned out by the violence of the state and its concepts of hierarchy, class and privilege.    The reality is most humans, including the people who serve class and hierarchy, consume very little.   Very, very little.    They exist to serve people of privilege. 

Privilege.   There is a word that has meaning.   A professional career be it in the corporate world, the political world or whatnot, grants us privilege.  But that career is built off of the back of exploitation and violence.    There are a lot of people who recognize the dangers of exceptionalism as a belief system.  The Japanese Empire, Nazi Germany, the British Empire, the Roman Empire, the American Empire; they all have belief systems surrounding exceptionalism.   This belief system is necessary for class and hierarchy to rationalize (ego) economic & social violence and even outright warfare on others who aren’t exceptional or who are the untermensch, the subhuman or the exploitable.  What most people don’t recognize is that exceptionalism is also part of  political Islam, fundamentalist Christianity and corporate capitalism.   Essentially, any hierarchical construct operates under the tyrannical yoke of exceptionalism to perpetuate its violence.   The state is just the ultimate example because it is the greatest, most recognizable perpetrator of violence in the world.  

Going to college in this system does something to our psyche.  It generally makes us willfully ignorant.   We believe we have made it.   That we no longer have to toil at the meaningless, mundane and rote.   That’s for those lesser people over there.   But this is a myth.   If everyone went to college, no one would actually produce anything.  So, who goes to college?  The smartest?   Those who are exceptional?   Hahaha.    A lot of circular reasoning and moral rationalizing in that dynamic.    The division of labor that capitalism relies upon is a creation of slavery.   Which gives us a very clear picture of why corporations have actually used outright slave labor time and again throughout history.   Not just poverty wages but outright slavery.   The prison system in the U.S. today still is used in that regard.   But so are the poor Chinese, Vietnamese and the like who produce our wealth.

Interestingly, I had two conversations in the last week or so that floored me.   And both people were completely serious.   Both brought up the turmoil we are seeing in financial markets, expecting me to comment because of my background and knowledge.   I don’t really talk in any detail to most people about anything I write on here.   I simply commented to both that essentially there are structural economic issues that are coming home to roost.    One said that the United States needs a good war to rev the economy.     And another remarked, “What’s the problem? The smart people are successful and the stupid people aren’t.   It’s just Darwinism.”.   Now, neither of these people  are really outside of the mainstream.   Many people may not utter these direct words but they support similar violent belief systems.   They are also belief systems of exceptionalism created by corporate capitalism and corporate capitalist society.  The universe has a funny way of dealing with belief systems.   It’s called karma.      

This myth of a career and class-based exceptionalism is something that I have been writing could very well be nearing its end and may collapse if this class-based hierarchical construct we call corporate capitalist vanishes.    Loving what you do and creating a corporate career plays off of the dynamic of exceptionalism, privilege and human slavery that capitalism's anti-democratic division of labor has created.   This appeals to New Age yuppies who actually produce nothing and yet somehow believe in these mythical dreams created off the backs of people they exploit, or put another way, people who provide them with exceptional privilege that is fundamental to creating these wonderful careers.   New BMWs, two or three homes, sending kids to private schools, hiring nannies, going on glamorous vacations, over-consuming more than they produce;  these are all illusions.   In fact, there are people out there who write about peak prosperity and the like for America.   I’ve ridiculed that statement in the past because it’s laughable to believe the vast majority of people in this nation or around the world are experiencing peak prosperity.   Peak state violence that manifests itself as peak prosperity for the very few?   Possibly.  

If this system unwinds or collapses or is in terminal failure, life for the vast majority of Americans and people around the world will ultimately improve.   Because the vast majority of people consume very little and have very small carbon footprints.  But more importantly, being enslaved to this system, they lead a life of little higher purpose or meaning and can oftentimes do barely more than exist.    In fact, most people in this world who produce things are too poor to consume anything they produce.   How much production in this world serves class privilege versus democracy or humanity?    Almost all of it.   It’s the state actors and the very top of the professional class of bureaucrats who manage this control system who are consuming everything.    What is the carbon footprint of Steven Spielberg’s yacht or his endless real estate holdings or his annual consumption of goods, services, energy, etc?   Ditto for someone like Donald Trump?  While I’m too lazy to investigate that, I think it would be safe to say that Spielberg or Trump has a carbon footprint or consumption profile that would equate to upwards of tens of millions of people in the poorest places on earth.  Class is the virus that infects our planet.   Class and hierarchy are created through state violence rather than any natural laws or natural rights.

The American Indians had it right.  You kill what you eat.  Or, more broadly, you produce what you consume.  Or, you trade what you produce for what others produce.   The state and its creation of the professional class produces or plays a role in producing very little.  The political class produces absolutely nothing.   Most of the professional and state class generally push paper.   They are the enforcers in a system of exploitation for their corporate masters.  

The people on the other side of these pipe dreams of finding enrichment in mythical careers are the world's working class, mostly characterized as working poor,  who sweat away in all of these Godless and menial positions to provide for things that privilege and exceptionalism consume without any question of who is providing them their wealth and privilege or why they don’t have to toil away at meaningless, rote, mundane work.     If the professional class and state actors had to toil away for what they consume, the system of forced corporate work or wage slavery would disappear.  Because creating that life of privilege and doing what you love all of a sudden is replaced with the reality of having to toil away at meaningless, rote and mundane work.    Class generally produces absolutely nothing that society consumes, including what they personally over-consume in their rape of the planet and humanity, and creates literally zero tangible wealth, and has these meaningless egomaniacal desires for happy talk careers that grant them even more privilege while the undercurrent of working poor that slaves away on their behalf leads a gritty, dirty, raw life that helps one appreciate what it’s actually like to be a human being.    The people who are exploited for surplus labor and intellectual value don't have the luxury of these types of bullshit New Age fantasies of exceptionalism, careers and a life of leisure and endless ego-driven consumption and amusement.  They are worried about where their next meal is going to come from and whether their children are going to be able to have some ability to survive in this world without living in capitalism's gutter that the professional class and the state have placed them in. 

This is a Godless message of vanity and if people of class actually had to deal with the mundane and meaningless existence of providing for that which they over-consume, as the world's working class have to, they wouldn’t have so much free time to yammer on about fantastical delusions of careers, doing what you love and whatnot that is actually afforded to them through the slavery of others.   They’d be picking their own cotton rather than having their capitalist slaves do it for them.  

One thing to remember is that if this system is in terminal failure, the power will flip from exceptionalism and privilege (class, hierarchy and credentials like a college degree) to competence.     The exploited working class are the only people who actually know how to make things we need to survive.   Then we will see if they are actually as concerned about those of privilege and exceptionalism that exploited them now that the shoe would be on the other foot.   That would be very interesting.   But, given that most people not of privilege understand what it’s like to be human beings, I would actually expect most would still give them their shirts off their back just as they do today.   Because they don’t live under the delusions of belief systems of exceptionalism.   They live within themselves and, thus appreciate that to be truly human is to forgive, share and to love.  Because that is the only way they can survive.   The reality is it isn’t through Social Darwinism that humanity survived.   It was through being human which, when void of the ego’s tyrannical belief systems of exceptionalism, is innately altruistic.

What this world needs on this Labor Day is public capital, democratic economics and democratic economic determinism.    Then we can start to rebuild a just and moral world.  A world where people can return to being human beings.   Then we can stop relying on  anti-democratic slavery principles like the division of labor, and we can stop the endless wars that provide the looting necessary for those of privilege.   And on and on and on…..

posted by TimingLogic at 12:04 PM links to this post