Insurance beneficiary:
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Doing what must be done to stay covered:
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A medical screening:
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Many were able to choose their own doctor:
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Children that benefited from automatic coverage;
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WARNING: This blog contains views that are often unconventional. That's because "conventional wisdom" is designed to take your money
DISCLAIMER: This blog may make specific forecasts, nothing is guaranteed so trade at your own risk. Some content might offend organizations created for the sole purpose of stealing other people's money. If you are offended by the content of this blog, don't read it (and stop stealing other people's money)
Issued May 2007 - Short real estate, home builders, bond insurers and leveraged financials
Current Target - Ongoing declines
Issued Oct 2007 - Conservative investors go 100% cash and Treasuries
Next target - Two years of physical cash in home; Ladder short to medium term US Treasuries with the rest; Minimize bank account balances, CDs, and non-treasury bonds; associate high paying bond yields with capital starvation
Issued Oct 2007 - Short Dow (14,100) and broad market indexes
Next Targets:
by 2012 - Dow 3,800
then - as high as Dow 6,000
by 2025 - Dow 800
Issued Oct 2007 - Short Automakers and Airlines
Next Target - More declines, many luxury makes go the way of Duesenberg
by 2020 - pain
Next Target - Gold $475, other PMs with proportionate or greater declines
By 2020 - Gold $225
Next Target - $25
by 2020 - $4
Relentless DEFLATION
Increasing US Dollar buying power as measured by falling real estate prices, stock prices, most asset prices, and falling treasury yields; Periods of excessively negative 3 month treasury yields
Continued transfer of taxpayer funds, high yield preferred stock, risky loan guaranties, and asset holdings to the Federal Reserve and connected bankers in the face of taxpayer clamor; result: increased strain on commercial and consumer credit accelerates deflation
Main Stream Media to continue promoting Federal Reserve and banker agenda: more debt, more debt, more debt
5,000+ bank failures
More bank consolidations intended to shift FDIC insurance obligations to common stockholder losses
FDIC bailout/restructuring that compromises insurance payouts
Massive "New Deal 2.0" in order to transfer maximum wealth from the poor (taxpayers) to the Federal Reserve, connected bankers and corporations, and to benefit politicians; result: same as the original New Deal, economic depression
Supreme Court Increased to 11 Justices by 2015, unless the conservative majority yields first
Higher mileage vehicles go cheap and dirty, not expensive and "Green"
Continuation of 2007+ global cooling
Sorry FDR, with all my respect for you,
ReplyDeletethis has nothing to do with "understanding nature's cycles is the key to successful trading."
I assume you are trying to be funny FDR and you are entitled to do what you want on your blog. Low rent by the standards of your economic posts though. Leave the funny stuff to the clowns
ReplyDeleteI am shocked and disappointed that you would use holocaust victims to make your point. This hurts your credibility.
ReplyDeletedo you like X here? Looks like it wants to break out to 80 or 100 here. Expansion around the globe is taking hold faster than anyone expected and the equity market is still looking undervalued here going forward. Bonds still look like a great short that is about to collapse. What about financials and retail? Looking for what will do the best on Monday after the jobs report. The equity market should get a big boost on a triple digit jobs number and the media will be in full force over the weekend, so consumer confidence should start gathering steam. I think this will be the heavy volume run I have been looking for to 1225 on the S&P into MAY 1.
ReplyDeletewhat's your point?
ReplyDeleteThe photos are very disturbing. I wish you publish a new post, and that would push these photos down.
http://yelnick.typepad.com/
ReplyDeleteThis is a better look at the math of why the S&P is where it is and why P3 is a long way off. Basically, the market is trading at fair value any way you slice it. P3 would require an event that lowers earnings going forward. If earnings disappoint then obviously the market is closer to a top, but if earnings remain solid or trend higher then the market will stay around the same or trend higher. Some people can't see the trend in front of there face and they lose money every time. I see you are about 2000 points under water on your top call and if you keep calling it, like Prechter, then one day you will be right. The same goes for someone who keeps calling a bottom. Depending on your time frame you will both be right. Of course, your ability to beat the market over the long haul will be nil, because you will spend the majority of your lives under water. Timing is everything and you have none, just check your P/L
"I assume you are trying to be funny FDR "
ReplyDeleteNot at all. The only thing I find more disturbing than these photos is that the US is headed down the same path. I've said it before, gov-run health care in America is about killing off those that the gov has promised to support, but know they cannot.
Whether it takes the form of phony camp doctor in a prison camp, or a life saving treatment stamped denied, the evil is identical and the end result is the same.
Ask the Russians whose population is projected to halve, from their 2004 implementation of a single payer universal system, to 2015. 174M to 80M, a loss of 94M people, more than they lost in WWI and WWII combined.
I find it hard to believe that with all the PC being pushed around that any of this would happen
ReplyDeleteWooHoo!! Check out X. Global growth is screaming at a pace we have never seen. I am moving my 1200 target from May 1, to next week. This recovery is going organic on us with the US consumer leading the way again.
ReplyDeleteRail traffic surging as the economy almost back to pre 2007 levels. Warren Buffet looking all the genius he is. You have to admit, the guy knows how to make money off FDR's fear
ReplyDeleteshorts skewered after falling into another bear trap today.
ReplyDeleteWhat's going on FDR? I'm starting to go insane being 100% in cash while this market rally goes on and on? What's a good way to see real volume of shares traded?
ReplyDelete@9:30
ReplyDeleteDon't Do it!
Debt saturation is here my friend