Confiscation & Inflation

30 years plus have passed, but this film captures the same issues yanking the global fiat lie today. Silver Shield (Chris Duane) posted this on his site a couple of days ago. Just saw it today.

Fiat slavery in play, of course

Nigel tells the truth, Euro Union keeps marching toward that pot of gold at the end of the rainbow. What happens when they find that pot empty?

Nose to the grindstone

Wow it's been forever. I haven't missed the market one bit. Haven't known if I've missed rallies or downswings. Had plenty enough to keep me busy through the holiday season, and work has been the usual heavy load. But it's time to do some catching up. For someone like me who hasn't kept up with the Euro debt (death) spiral and the latest shenanigans stateside, it's a refreshing taste of news that I'll dab into this week, little by little. I don't expect to bet on anything real soon, unless gold and silver take a nosedive and bargain prices are available.

Here's some perspective from one of the best, streetmoney21.

FAS vs FAZ

It's been just a few days, hasn't it, since I last cared to gaze at a chart of the busty bosom of FAS (in the concupiscence of the banking beasts) nor at the languishing carcass of FAZ, which appears to be drawing its final breaths.

Naturally, this is wrong. FAZ has been at 35 before, and at 39 currently, I'd be a buyer rather than a seller if I were prone to fits of stupidity. How else to explain an attempt to outswim the sharks who run the global ponzi scheme? And yet, the pilot fishes survive, don't they? They eke out a living, an existence in the ecosystem, by pandering and gliding through liquid jet streams, mirroring the great white shark.

I haven't lost a single hour of sleep in two, almost three weeks. All because I've focused on a heavy workload, moments of peaceful bliss near and far, and the simple harmony of friendships. Fuck this market. When it's time to return, I'll be ready. Until then, life beckons. And life, as you should know, is too damn short to fuss over the whims of chimps holding puppet strings.

Carry on.

FAZ is cranky as a teething baby, but giving a good fight.

A huge move from 38 to 41 yesterday, but dipping in premarket.

The trendlines are at the same degree of ups and downs on this

chart, which tells me nothing more than the severity of emotion

from a wickedly fearful market.

FAS remains a roller coaster. As with FAZ, these trendlines

are identical up and identical down going back to early Oct.

Narrow, yes, but completely trending with every

shift of the bandwagon.

Staying clear. All cash. Bleacher section ZZ, Row A, Seat 5.

As always, whatever ails you and furrows your brow, step back, sit down, breathe . . . it's ok to relax for a minute. At least a minute. 

FAS vs FAZ

5:15 p.m. Kept tabs on the market this morning. Surprised the IMF's announcement didn't kick-start the market much more. Lack of liquidity is hurting bulls. No real solutions in sight, as expected. But still, I expected the banksters to do more at this point. We'll see. Still all cash and watching from afar.

FAZ daily

So much for falling off a cliff, for FAZ is back

FAZ daily

Piercing through the upper trendline, but for how long?

FAZ daily

Declining volume, tough to see FAZ staying above 50

without a retest first

FAS daily

Really, what a disappointment for bankster bulls

FAS daily

That gap down yesterday and today's sluggish trading, not good

FAS daily

Volume in FAS fairly strong, which tells me that FAZ's rise has

everything to do with outflows and pullouts from finnie stocks, re: BAC

AGQ daily

Not sold on silver spot price and the 3x ETN, but this is significant

AGQ daily

Rising volume. rising price in a down market

DGP daily

Not as perky as silver/AGQ today

DGP daily

So-so volume

DGP daily

Hanging man candle on the gold 2x ETN not a good sign

Monday cinema & library

Blogs
Open Secrets: 15 Tea Party caucus freshmen rake in $3.5 million (Nov 21)
Le Fly: Prepare for the Dark Ages (Nov 21)
Cain Thaler: The commentators are sheer idiots (Nov 21)
Le Fly: Feel my rage (Nov 21)
Le Fly: Nothing to be thankful for (Nov 21)
Cain Thaler: Today has the makings of a washout (Nov 21)
Golden Truth: MF Global trustee: $1.2 billion missing (Nov 21)
Scott Bleier: Psycho killer (Nov 18)

Vlogs

bigdad06: Bite this apple Jamie! (Nov 21)
streetmoney21: CME lost all credibility (Nov 21)
RT: Guest John Perkins (Nov 21)
Christopher Greene: Expect bank runs and global war in 2012 (Nov 21)
ScrapGoldBusiness: Commodity broker leaves for ethical concerns! (Nov 21)

Mainstream
Bloomberg: CME may face 'liability' in MF Global disclosure (Nov 21)
MarketWatch: MF funds shortfall could top $1.2 bln: trustee (Nov 21)
Perth Mint: World's largest gold coin (Nov 21)

Eye candy

Yellow is mellow

Yellow is a cheerful and bright color.

Wendy Fiore