SO with all the LIQUIDITY  in the world flowing to the US ,how does a recession start ? ,how does a Market crash start ?       How does Gold go down  ?  ………….IT DONT…!    A contraction in money supply and Contraction in Velocity of money is what causes problems ,,,we have none of that ! and we wont ,barring more democrats getting elected…

N.Korea NUKES ! What would the Russians do ?  ..They would take the Nuclear option and take them out first ,Blackmail and Hostage taking dosent work against the Russians …They are willing to take a hit short term rather than look weak …That stops other little shit countries from Nuclear Blackmail against Russia.

India wanted to   hit Pakistan years ago ,to put that tactic to rest,India wanted to do it ,but the US stopped them….India could have solved the problem then and there would be NO Nuclear Blackmail today …!

Why wait for the US to take the hit like Pearl Harbor and 9-11  ?

I had a commodities account with a MAJOR broker and ample cash in the account. This was long before the Internet age. I had been intriqued by the very low price in OJ futures. Nightly news indicated a growing, cold weather pattern developing that could even reach northern Florida. The next day I went long on OJ futures quite modestly but, based on price only which continued to dip lower. That night the weather forecasters said this deep cold spell coming could now even reach central Florida. I bought more the next day as the OJ price continued to sink even more. Then the bitter cold hit deep into OJ territory and the growers brought out the smudge pots in desperation. The OJ crop was soon to be devastated and the Brazil marker was in its infantcy.

Well, I was rolling in dough and in no rush to sell. This was the big hit of them all. No use shorting this market…you would be wiped out quickly. And up, up, up went the futures. And then I got the phone call. Was my broker giving me 3 hours to come up with oodles of cash or he was instructed to sell me out.

Seems that the CFTC just made an emergency ruling that there would no longer be any margin longs for OJ…must now be all cash!  OJ futures continued to climb ever higher but, I was sold out. The sold out longs were scooped up by insiders that had full banking credit to go long on a 100% cash basis. Never played futures again.

Funny you mentioned Sugar,I had a similar experience ,I thought finally I got a bottom price and I had a good position and thought all I had to do was wait because there was NO Sugar to be had….I was up about $35,000 when all of a sudden they CHANGED the RULES about what DELIVERABLE SUGAR was and allowed Brown Sugar to be delivered against a Contract that Clearly said otherwise..In one day I it dropped $20,000 and I was lucky to get that …My timing was perfect ,my judgement was correct ,yet who was I going to complain to ?

CROOKS everywhere..!

We have the same crap going on here over Brexit……the Deep Swamp can tell any lie, break any precedent etc and they get a pass, whereas the rest just have to look the wrong way and all hell breaks lose.

That is of u believe the MSM, which increasing numbers don’t.

I couldn’t find a bullish article…it was 5 cents–same price as in 1972–I. bought 100 calls. [commodity cslls] for $13,000 with a year and 3 months on them…outa nowhere bullish news came from India and a few other places-I think sugar went to 7 or 8 cents–not a. huge. rise–I made about $75K…

Oil futures finished with a loss on Wednesday as U.S. government data revealed a second weekly climb in domestic crude inventories.

Also weighing on prices were news reports saying Saudi Arabia had restored most of crude production capacity, recovering from attacks on its facilities earlier this month.

U.S. supplies rose more than expected last week, though was “largely offset by the less-bearish to mildly bullish inventory statistics for the refined products,” said Tyler Richey, co-editor of Sevens Report Research.

Domestic crude-oil production edged higher by 100,000 barrels a day to “revisit the all-time record high” of 12.5 million barrels a day, which is slightly bearish, he said. However, “in the face of the uncertain outlook for Saudi Arabian production right now, the market is capable of absorbing elevated U.S. production for the time being.”

Gotta run. TTFN

possibly already with an untested nuke bomb–I heard tell 30 yrs ago that “how to build an atomic bomb” was already published. in the public sphere–so why wouldn’t. Iran already. have a bakers dozen or two? ….5 yrs ago people were saying that Iran was “months” away from having one…if the world. wants a muslim-fanatic run. state with. nukes then they should keep on saying that diplomacy is the only way to. deal with Iran…

I don’t think you’re being too harsh, I think you nailed it.

I think we can agree we’ve never seen anything like what’s gone on with Trump while all the deep state actors just get a pass.

This is the third presidential phone call that’s been leaked to the media. Unprecedented.

All the while, Biden and his son seemingly get away with unbelievable corruption as does Comey and all the rest?

harsh? no, generous imo.

It’s either that or he just generally won’t do what they tell him to do (which is why the repubs want him out too), he is principled and not a moral retard like most politicians, and they (libtards on either side of the two (its really only one) party system) are a bunch of spoiled/deranged/rapacious brats.

But maybe I’m being a bit to harsh…no?

Cheers

….we ARE in the end times. I had not realized or recognized that the Psalms chapters identified the timing of so many end times events. I’ll look forward to reading that in its entirety when I can find the time to concentrate uninterrupted on it. Thanks Again my friend.  Silverngold

When he ran for President, he said he didn’t want to waste money on meaningless Middle East wars. The American people agree with him according to Gallup. The deep state OTOH craves war. The Neocons on both sides of the aisle crave war, but Trump won’t give it to them, therefore he must be removed.

Oh ya…just a week ago according to the pundits a ‘war premium’ was an ongoing ‘no brainer’.

That’s the problem I have with most pundits … no brains.

Cheers

https://www.theolympian.com/news/business/article235482632.html?

Bankers know each other. They all know about their own business practices and know that they themselves are scum and will try to screw you. So, they don’t trust each other. Just look at what they are trying to do to Portugeezer for a good illustration of that.

IMO anyone selling their PM shares on account of a perceived coming intermediate downturn is making a big mistake. Look at the multiple swords of Damocles hanging above our heads. There could be a major disruption at any time. I don’t think TA counts for much right now. As I said IMO.

Maddog – that’s interesting and makes complete sense. The only thing I would wonder is that if money is fleeing Europe into treasuries, wouldn’t that force rates down on this side of the pond?

Clearly, some of that negative yielding money should be going into gold and probably is, but we live in a world where paper gold is king and can be manipulated especially in times of stress to make it seem as though everything is OK.

Amazing that Armstrong thinks the US will escape relatively unscathed. But it kind of makes sense.

Ipso – I would think there is zero trust between banks, especially those in Europe. Funny how treasuries and mortgage backed securities are considered good collateral. I guess they will be until they’re not…

Biblical scholars like J.R. Church have found that many of the key events for the Jewish people and for Israel are accurately reflected by the corresponding chapter (year) in the Psalms. They are in the 19th book of the Bible, and have a prophetic significance dealing with Israel for each year in the 1900s, carrying over into the 2000s. For example, Psalm 17 points to 1917 (A National Home for the Jewish People, Jerusalem freed from the Ottoman Empire), Psalm 67 points to 1967 (The Jews return to Jerusalem), Psalm 117 points to 2017 (Trump Recognizes Jerusalem as Israel’s Capital), and so on.

The Psalms of Ascents were sung by Hebrew pilgrims on their way up to Jerusalem, and while ascending the steps of the Temple.

The hidden prophecies in the Psalms of Ascents points to the years 2020 to 2026 being the 7 years of the Tribulation Age. These Psalms prophesy the time of troubles and victory, from the perspective of the Jewish people. We will explore these Psalms in light of this prophecy.

2020 and Psalm 120 – A Cry for Peace

What misery that I have stayed in Meshech,
that I have lived among the tents of Kedar!
I have lived too long
with those who hate peace.
I am for peace; but when I speak,
they are for war. (Psalm 120:5-7)

https://raptureandendtimes.com/2019/09/06/2020-to-2026-secrets-of-the-psalms/

and has had $100K plus. up days. in his account value during this rally–he got heavily invested before the rally started

it might explain what is happening it may not….what I will say is that the economic/political/financial mess in the EU is as said and worse and it is way past time their chickens came home to roost….plus we have the HK situation still festering etc……the Rig is the only reason it hasn’t all gone tits up…so far….Armstrongs models may be right.

Go follow Armstrong Economics. Back at the World Economic Forum in Rome the first of the year Armstrong had said that the models are showing a massive liquidity shortage after labor day as the CONFIDENCE is lost in Europe and in Asia. Capital has been buying treasuries and anything dollar based fleeing the coming collapse the models forecast would start in 2020. Large capital does not trust banks in Europe due to Merkels and the EU Commission policies on bail ins and the models also forecast it will be a miracle if the euro last past 2021 in its present form. Armstrong was told that what Lagarde wants to do is have the euro have an expiration date forcing consumers and businesses to spend or lose it. Armstrong has been warning clients to get out of any sovereign debt especially in Europe as speculators betting Draghi will keep cutting rates as he is trapped has been bidding up prices forcing rates negative and as the ECB cuts, bonds appreciate and they are then flipped setting up the largest bond bubble the planet has ever known. The $100 bill is the most sought after currency outside the US now especially in Europe as capital flees to dollars and treasuries. This has created a collateral crisis in the US as banks and investment banks use treasuries to meet overnight reserve requirements and there is little to be had. Investment banks need overnight funding to meet day to day operations needs as the income flow from financial deals does not always flow on a consistent regular basis. Adding all this up, this forced the FED to intervene all caused by Draghi and his policies in Europe which has created a domino effect causing the massive dollar strength, making the trillions and trillions in dollar denominated loans hard to service especially from the emerging markets, collapsing the banks in Europe who have loaded up on the emerging market debt when Draghi started to charge banks to park capital so they went where yield was all leading to 2020 as we see unfolding now with the collapse in sovereign debt, the pensions crisis there in Europe also as they must hold gov debt with no yield followed by the monetary crisis in 2021/22. I think that sums up the coming collapse very nicely in Europe, Japan, Australia, emerging markets, etc. Didn’t even mention how Brussels Green New Deal is totally destroying the German auto and manufacturing industry along with the rest across the EU, but we’ll save that for another sunny day!

All this will end up causing even more capital to pour into the US and dollar based assets like the US equity markets as capital flees the coming collapse outside the US. The models forecast the US will only be mildly effected because of the strong consumer economy and the shear amount of capital flooding into US assets! The FED’s fear is this will cause even more massive dollar strength and this will collapse not only the international financial system but cause havoc in the US. This capital has been flowing to the US and dollar based assets like the Dow since 2009 and looks like it is not going to let up soon if the models are correct.

Most banks holding a boatload of reserves but are afraid to lend it out for fear of no repayment. This is not a recipe for a good economy!

I wonder how much DB is taking?

https://youtu.be/9JAYgPk3A4A

Sorry folks, but something is rotten in Denmark, er, New York…JMHO

Second Term Repo Oversubscribed As Funding Shortage Keeps Getting Worse

The dollar shortage is worse than anyone expected, and nobody knows why.