tag:blogger.com,1999:blog-6399730406480392183.post8872860676169451823..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: The High Cost of TaperingA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6399730406480392183.post-36894319708172730302014-01-24T12:30:26.867-04:002014-01-24T12:30:26.867-04:00Well the USA has one huge ace up it's sleeve-c...Well the USA has one huge ace up it's sleeve-controlling crude oil. Since the US dollar is backed by selling crude for it globally and our military makes sure it stays this way(for now) and with fracking oil and gas ramping up making North America the largest oil producer very soon? We already are the largest natural gas producer. Our trade deficit has been cut 50% by exporting refined petroleum products and LNG will be shipped out like crazy too. The banks laundering of hundreds of billions or trillions from illegal drugs(Bloomberg) filled a gap while manufacturing was outsourced and the global economy was finalized. Problem is if China etc. collapse we would see the biggest Depression ever and oil would plummet worse than the 1930's. I'm sure the big boys will do what they will do regardless and a crash may be part of their cool nifty "plan" just like in the recent crash. All you have to do is watch the price of crude oil however. During the last crash it fell from $133 to $33 in four months and equities bottomed roughly the same time oil did.(March, 2009) The day to day media noise is emotional distraction from the sheep so just follow the charts and position your capital on the right side of the trade like the evil creeps.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-25984066279327059752013-10-23T21:15:27.626-03:002013-10-23T21:15:27.626-03:00We are seeing slack demand for many commodities be...We are seeing slack demand for many commodities because the economic recovery that the media and talking heads have been bantering around does not exist and is just a myth. A manipulated stock market distorted by recent economic policy hides and mask the real truth, in many ways it is ground zero in the war to convince us all is well. <br /><br />The American people and Main Street will tell you they are far from convinced that it is smooth sailing ahead. Huge weakness in the economy was confirmed recently by Ben Bernanke and the Federal Reserve when they failed to cut back QE by even the slightest amount. Fact is if QE or the massive government deficit spending that props up our economy is removed it will fold like a cheap umbrella. More in the post below,<br /><br />http://brucewilds.blogspot.com/2013/10/myth-of-economic-recovery.htmlBruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-54430706897531380292013-10-21T18:08:57.680-03:002013-10-21T18:08:57.680-03:00I am not sure how the figure of $2.325 trillion wa...I am not sure how the figure of $2.325 trillion was arrived at but my concern is that we are heading for a recession the likes of which we have not seen.<br /><br />Every one seems to be touting the possibility of growth. Yet, the basic raw material which actually can predict each consumption pattern - copper (for electricity consumption; for construction of buildings, for manufacturing of vehicles etc) sees increasing stockpiles in warehouses and decreasing market prices. Please check the five year stock and price trend for copper at the link given below :-<br /><br />http://www.kitco.com/ind/Wright/2013-05-31-Copper-SPX-Disconnect.html<br /><br />Some thing is clearly missing. I cannot decipher the reason for upward mobility of major indexes while all the data points to a looming recession.<br />Anonymousnoreply@blogger.com