Entered at 24. Tripled position below 20. But, it is tough to break the grip of the vampire squid... Look at GS gold call tonight as they sold tons of putsputs to accumulate on the takedown. Look at GLD put activity in August and September today... Nice timing GS. Nothing like being able to use your "analysts" and options to play both sides.
No. There are no increasing returns to scale or true network effects in this business model. That's float out pure BS. Your analysis is completely flawed. There are no platform lock out effects.
Comes from fundamental economic analysis and understanding of currency endgame, same as this... But, they had to take everything up before letting scams implode, so the INTC move came first.
One more clarification... China has what $3T of USD FX and $1.1T of UST? Has imported how many tons of gold over past few years (which while growth has slowed is still dramatically higher in 2014 than pre debt default concerns). And it happens to be largest gold producer as well...
The US and West ceded strategic control by adopting QE approach. China will ultimately decide when to reliquify via gold while taking the USD. Now that the US middle class is gone, there isn't as much value in suppressing the RMB... But, it will likely happen out if necessity rather than choice because TPTB there too are afraid of change.
That is another 5%, so 10% of total assets cashed or, half in FRN and half in gold? That is what all should do with money market funds they are trying to force into stocks.
Agree with ALMOST all of your statements. Reality is that we individually control what happens, but we have decided to become subservient to their wishes. Note, I have not advocated this because I want THEM to do the right thing and purge from within, but if everyone took 5% of their total assets out of banks in physical cash and converted 5% to physical goldgold, what would happen? The printer simply would not matter anymore. Instead, I advocate simply eliminating the predatory trading games (selling the float scams) to restore investment signal to the marketplace.
The emergent behavior of systems is impossible to control, especially when using a few very blunt tools.
Trendy: I care not what is popular on this message board. And frankly, I do not care what painted tape does in the short term. I am singularly focused on what is right and ending the distortions that are being engendered by the manipulation of options and ETF stuffing. People talked v plenty of #$%$ about INTC as it dripped from 24 to 19, while I told everyone it would be over 30 and likely approach 40 by 2015. The reverse will happen in all these growth ponzis.
Your religion, like most in the finance industry, is solely worshipping the almighty dollar... Will prove to be a mortal sin.
The Fed is so desperate it is pushing to break the buck... All games to shift the future losses to retail. The investing public need not absorb any risk as the market writ large is almost priced to perfection (margins are near record highs, real median disposable income not growing and 90% of the people have almost no financial assets). Continuing down this path will lead to major social backlash/instability. ST Treasuries, cash and gold is robust to any scenario because the Fed and fiat would cease to exist before those lose meaningful value. Best strategy is to convert bubbles they ate denying to physical cash and physical gold.
Maybe not. But it is a nice way to show the option driven bubble... You can even look at the marginal mmarket cap per incremental subscriber... They are laughable. As are the overly optimistic margin forecasts... But, that is for another time when exploring willful analyst negligence.
Up or down in Q3 Trendy? Amazing you simply cannot answer...
You will find religion before this is over... The seller's strikes are not working anymore. Soon, smaller institutional holders will use the overly inexpensive puts too exit more rapidly and the self reinforcing downdraft will set in...
As they try to unload float scams via the upper deck (calls and forced covering) and gold via the lower deck (put selling and shorting), just convert the underlying float scams (promises of earnings next decade) for cash and gold. Once they cannot unload and load via options, the unwind will begin... (and it will be a very tightly coiled spring).
And you can use it to your advantage by simply selling the underlying of all these float scams, raising cash and buying gold...
As I said, the option games have been taken index wide... That's why SKEW/VIX dynamic is happening. We are fully into great game of chicken and greater fool theory... Though those who convert virtually any float scam stock into 50% cash and 50% gold will have almost no risk while outperforming...