Monday, December 24, 2012

MOM--Merry Orwellian Madness

Replace a school that trains troubled kids with military like discipline to establish structure in their lives and to KEEP THEM OUT OF PRISON, and replace it with a JAIL

In order to "CREATE JOBS"!!!!!!!!!!!!!!

This is not a spoof, check it out.

Kulani Prison Reopening Could Provide Economic Boost

The proposed reopening of East Hawaii’s Kulani prison will return more than $4.7 million to the local economy, according to state Public Safety Interim Director Ted Sakai.
That amounts to 90 new jobs, he said, while also helping to foster lower recidivism rates.
Sakai spoke to about 30 members of the Hawaii Island Chamber of Commerce for a little over an hour and a half on Thursday evening, presenting the plan to reactivate Kulani Correctional Facility, which was shut down by Linda Lingle’s administration in 2009 as a cost-saving measure.
The facility, which dates back to the 1940s, is located on 614 acres of forest land on the slopes of Mauna Kea, about 20 miles southwest of Hilo. Since November 2010, it has operated under the state Department of Defense as a training camp for at-risk teens, called the Hawaii National Guard’s Youth ChalleNGe Academy-Kulani. Read the full story.

Friday, December 21, 2012

Steveo's 2012 G2 Telescope Project


I still think this is the best Christmas Gift I have ever received (even if I had to buy it, even if I immediately lent it out).

 Celestron C8 SGT XLT

A fantastically good telescope, able to hook up to a camera, and also able to hookup to a computer and be controlled by the computer ...."go to Orion Nebula" and it takes you right there.    It has its own GPS so it has a pretty good idea where it is in the world, then you just point it at any three bright sky objects, and it then knows automatically where everything is Exactly.    Pick any 3 bright objects and you don't even have to tell it what those objects are.

Now that is cool!

The Scope is only about 60 lbs wet (lets hope it doesn't get wet), but is a beast at gathering light.   These are actual pictures.  

C'mon how about a little Christmas present for steveo?    Thanks and have a Happy Holiday season.  I will probably be pretty scarce between Christmas and New Years as far as blogging goes.






Now that is cool.

Thursday, December 20, 2012

Never let a good crisis go to waste

The voices of the people seem to be once again at odds with the plotting of the powers that be.

The poll is down on the right side here on the link.

http://www.foxnews.com/politics/2012/12/20/senators-slam-zero-dark-thirty-filmmakers-over-interrogation-scenes/?test=latestnews

That "kid", aka 20 year old man, was crazy, just look at his eyes (I don't mean Obama). 







Wednesday, December 19, 2012

Tuesday, December 18, 2012

Hilarious end of year post

Drunk Twitter users unlikely to face criminal prosecution

People who post offensive messages on websites such as Twitter while drunk only to delete them when they sober up are unlikely to face criminal prosecution, the director of public prosecutions said yesterday. 

 

 http://www.telegraph.co.uk/technology/twitter/9754007/Drunk-Twitter-users-unlikely-to-face-criminal-prosecution.html

_____________________________________________

Hilarious!

Real email! Solar PV and end of the world



Man....I’ll be REALLY pissed if the world ends before my PV is hooked up....hahaha!!

From: steve
Sent: Monday, December 17, 2012 9:33 PM
To: andy
Subject: RE: Got Electrician? Llanos

WE need every factor in our favor, so even the sun dance before the Mayan 12-21-12 will help!  LOL

Steveo


From: Andy Sent: Monday, December 17, 2012 9:29 PM
To: Steveo
 Subject: Re: Got Electrician? Llanos

Sounds GOOD Steve!  Thanks so much!  ‘Will do the “sun” dance and hope for the best.

Mahalo,
Andy

From: steveo
Sent: Monday, December 17, 2012 5:25 PM
To: andy
Subject: RE: Got Electrician? Llanos

Andy, expect Rueben or Alex from Tomas to do your hookup, they are planning on this Friday or Saturday, however, could change if we get rain.

Monday, December 17, 2012

Took the trade at night.... One signal that something big is going to happen is when the data shuts down for a while. At one point, the screen showed a loss of $114,000, I captured the screen and wrote....I hope this isn't a mistake, I hope Japan's Fukushima reactor 4 spent fuel pool didn't fall down and wipe out Northern Honshu. Good thing, I was right. Small win now, $600 up on a $2000 bet (100x leverage though) I won't set the stop to break even though, a triple top stop bust before a big move down would be horrible.



Wrote this yesterday


















Currency Wars 2012

There will be a backlash against preppers and gun owners after the school tradegdy.    But keep one thing in mind.

"There are those in power who depend upon your dependency"

You may ask....why indeed should PMs target the target boxes.    Because they are there.   Not sure why, but my target boxes work really well. 







Thursday, December 13, 2012

Classic Faber Video 44 minutes

Gold and Silver Targets

On Jan 1st Gold becomes a "first class asset", making it as "good as money", per the Basel banking cartel.

I shall buy with Eyes Open No Fear when these buggers hit the target boxes.



Tuesday, December 11, 2012

Guest post on Silver and Elliot Wave type fractals


David brought up this symbol PSLV for physical silver and I asked him about it.  Quite the answer, good enough to have its own fresh post.


I use silver futures for "spot price", as when buying physical it is always linked to futures price.    I haven't noticed a divergence between SLV and GLD and their related spot prices.

Apparently, besides the fact that hold SLV mean little more than holding a fleeting electron, they also charge you for "storage fees" for those electrons, even though they pretend and tell you they are storing real physical in your behalf.    Yeah right.

-----------------------------------------------------------------------------------------------------------------------------

david christoph has left a new comment on your post "Silver from BPT and TNX/VIX an old favorite":
------------------------------------
PSLV is a silver trust started by Eric Sprott. Sprott is a physical bull who is concerned that data of silver (and gold) holdings is misstated and hiding a pressing shortage of deliverable silver for investment and industry.

http://www.youtube.com/watch?v=262NPWpzBnE

http://www.youtube.com/watch?v=RrMTzYvGEr4

"But if you buy shares in a gold ETF like the GLD, for example, which is the largest gold ETF in the world, do you actually own gold? The answer is no." http://www.youtube.com/watch?v=l36wa9fZEZk
more details in the "about" tab on the Youtube page:
from the prospectus: "Gold held in the Trust's unallocated gold account and any Authorized
Participant's unallocated gold account will not be segregated from the
Custodian's assets. If the Custodian becomes insolvent, its assets may
not be adequate to satisfy a claim by the Trust or any Authorized
Participant."

it is strongly suspected that SLV does not hold the silver they have promised, nor will they deliver it on demand.
http://www.youtube.com/watch?v=pt1wNi4SZ68
apparently, paying storage fees does not entitle you to any ownership of the item you have been paying to store!?

http://www.itulip.com/forums/showthread.php/19126-Is-SLV-real-physical-Silver

https://www.kitcomm.com/showthread.php?t=71030

Does iShares SLV ETF Really Hold Silver? http://seekingalpha.com/article/265085-does-ishares-slv-etf-really-hold-silver

Want to Own Silver? Forget About SLV http://seekingalpha.com/article/161973-want-to-own-silver-forget-about-slv

hence, the price action of physical diverges from SLV

physical silver market decoupling from SLV? https://bitcointalk.org/index.php?topic=54862.0

however, since the data is spotty and disputed (and appears to be guarded by secrecy) the amount of premium that should be paid to own physical is uncertain. like any uncertain quantity or price in the free market, it is subject to waves of social mood alternating between fear and complacency. and it is to track the waves of social mood and resultant price changes that technical analysis is studied.

Thursday, December 6, 2012

Currency Shenanighans

The Euro was poised on,  and actually breaking out from a nesting set of inverted head and shoulders.   With a quick pop breakout, that now looks like a fakeout.

The USD/JPY has a well formed Egg (aka Blimp swat down) in the advanced stages....it is "best" when then do whipsaw around since this is the best way to shake off all the players before the real move.

A headwind to lock in capital gains exists, whilst strong printing exists.

Also expect a "pre Santa rally" shakeout, with the only real pop around Christmas to New Years. 

For sure the HAL 20000s are firmly in control, eyeing up stops throughout the trade range and playing multiple sectors.

The only Swing I like is the VXX long play, as it was at very low lows, and my VOS was also showing an extreme low.




Buy PM at "Employee Pricing"

I am not affiliated with these guys except as a customer.

This is a great deal for a first time buyer/customer, you are basically getting gold and silver coinage at melt value, plus shipping.

It is a small package, but for those afraid to jump into PM's, this is a simply low risk way.

The current spot melt on this package is $389, and you can have it shipped to you for $405.69 total.

Check it out, you can even use a credit card.   The evil bankster industry charges most companies around 2% to 3% to "allow" the use of their credit card, what a scam.    They don't charge extra for using a credit card on this purchase.

https://store.independentlivingbullion.com/ShoppingCart.asp?Click=1620&ProductCode=STARTUPKIT-FREESHIP


0.1 troy ounce gold 1700 170
3 troy ounce silver round 33.14 99.42
5 face 


3.575 ounce
33.14 118.4755




387.8955

Monday, December 3, 2012

There is no "Fiscal Cliff"

There is no Fiscal Cliff.    I call it the Farcical Cliff. 

The world will not end on Jan 1, or Dec 21 for that matter.  

Governments will not stop spending or printing.    Budget cuts will be a joke, based mostly on far in the future projections, not next year.   That is how the Economic Hit Man operates. 

Taxes will go up, count on it. 

The whole Fiscal Cliff is simple imagery meant to get the masses ready to accept pain.   No one wants to accept pain early, delay as much as possible.

Saturday, December 1, 2012

The front page of this website details how immigrants can get free stuff from the United Slaves of America

You tax dollars at work, giving away your tax dollars.

http://www.welcometousa.gov/Government_benefits/default.htm

America in Decline

America still has significant resources, natural resources, intellectual resources, infrastructure resources, human resources.   America has lots of "potential".    So I don't want to be too negative on things, BUT if you are thinking that a great renaissance is right around the corner, you should assess the reality of the current situation.   

Further to that, because we as a country have refused to fix the fundamental problems, and instead have chosen  to try to print prosperity and a number of other completely dysfunctional coping strategies (like socialism), those simply mean that any Turnaround is still far away.    Here are 34 reality checks.

Excerpted from the Daily Sheeple, who sourced this from---
http://endoftheamericandream.com/

The following are 34 signs that America is in decline…
#1 According to the World Bank, U.S. GDP accounted for 31.8 percent of all global economic activity in 2001.  That number dropped to 21.6 percent in 2011.  That is not just a decline – that is a freefall.  Just check out the chart in this article.
#2 According to The Economist, the United States was the best place in the world to be born into back in 1988.  Today, the United States is only tied for 16th place.
#3 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.
#4 According to the Wall Street Journal, of the 40 biggest publicly traded corporate spenders, half of them plan to reduce capital expenditures in coming months.
#5 More than three times as many new homes were sold in the United States in 2005 as will be sold in 2012.
#6 America once had the greatest manufacturing cities on the face of the earth.  Now many of our formerly great manufacturing cities have degenerated into festering hellholes.  For example, the city of Detroit is on the verge of financial collapse, and one state lawmaker is now saying that “dissolving Detroit” should be looked at as an option.
#7 In 2007, the unemployment rate for the 20 to 29 age bracket was about 6.5 percent.  Today, the unemployment rate for that same age group is about 13 percent.
#8 Back in 1950, more than 80 percent of all men in the United States had jobs.  Today, less than 65 percent of all men in the United States have jobs.
#9 If you can believe it, approximately one out of every four American workers makes 10 dollars an hour or less.
#10 Sadly, 60 percent of the jobs lost during the last recession were mid-wage jobs, but 58 percent of the jobs created since then have been low wage jobs.
#11 Median household income in America has fallen for four consecutive years.  Overall, it has declined by over $4000 during that time span.
#12 The U.S. trade deficit with China during 2011 was 28 times larger than it was back in 1990.
#13 Incredibly, more than 56,000 manufacturing facilities in the United States have been shut down since 2001.  During 2010, manufacturing facilities were shutting down at the rate of 23 per day.  How can anyone say that “things are getting better” when our economic infrastructure is being absolutely gutted?
#14 Back in early 2005, the average price of a gallon of gasoline was less than 2 dollars a gallon.  During 2012, the average price of a gallon of gasoline has been $3.63.
#15 In 1999, 64.1 percent of all Americans were covered by employment-based health insurance.  Today, only 55.1 percent are covered by employment-based health insurance.
#16 As I have written about previously, 61 percent of all Americans were “middle income” back in 1971 according to the Pew Research Center.  Today, only 51 percent of all Americans are “middle income”.
#17 There are now 20.2 million Americans that spend more than half of their incomes on housing.  That represents a 46 percent increase from 2001.
#18 According to the U.S. Census Bureau, the poverty rate for children living in the United States is about 22 percent.
#19 Back in 1983, the bottom 95 percent of all income earners in the United States had 62 cents of debt for every dollar that they earned.  By 2007, that figure had soared to $1.48.
#20 Total home mortgage debt in the United States is now about 5 times larger than it was just 20 years ago.
#21 Total credit card debt in the United States is now more than 8 times larger than it was just 30 years ago.
#22 The value of the U.S. dollar has declined by more than 96 percent since the Federal Reserve was first created.
#23 According to one survey, 29 percent of all Americans in the 25 to 34 year old age bracket are still living with their parents.
#24 Back in 1950, 78 percent of all households in the United States contained a married couple.  Today, that number has declined to 48 percent.
#25 According to the U.S. Census Bureau, 49 percent of all Americans live in a home that receives direct monetary benefits from the federal government.  Back in 1983, less than a third of all Americans lived in a home that received direct monetary benefits from the federal government.
#26 In 1980, government transfer payments accounted for just 11.7 percent of all income.  Today, government transfer payments account for more than 18 percent of all income.
#27 In November 2008, 30.8 million Americans were on food stamps.  Today, 47.1 million Americans are on food stamps.
#28 Right now, one out of every four American children is on food stamps.
#29 As I wrote about the other day, according to one calculation the number of Americans on food stamps now exceeds the combined populations of “Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming.”
#30 Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, one out of every 6 Americans is on Medicaid, and things are about to get a whole lot worse.  It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.
#31 In 2001, the U.S. national debt was less than 6 trillion dollars.  Today, it is over 16 trillion dollars and it is increasing by more than 100 million dollars every single hour.
#32 The U.S. national debt is now more than 23 times larger than it was when Jimmy Carter became president.
#33 According to a PBS report from earlier this year, U.S. households that make $13,000 or less per year spend 9 percent of their incomes on lottery tickets.  Could that possibly be accurate?  Are people really that foolish?
#34 As the U.S. economy has declined, the American people have been downing more antidepressants and other prescription drugs than ever before.  In fact, the American people spent 60 billion dollars more on prescription drugs in 2010 than they did in 2005.
So what are our “leaders” doing about all of this?
Not much.
They just continue to insist that everything is “just fine”.
Sadly, the truth is that they live in a world that is very different from most of the rest of us.
Barack Obama is getting ready to take a 20 day vacation to Hawaii.
When was the last time you got to take a 20 day vacation?
And most of our “leaders” have no idea what it is like to struggle from month to month on a paycheck.
Overall, more than half of the members of Congress are millionaires.  We are led by wealthy men who are serving the interests of other wealthy men.
But the problem with our system is not limited to the president and the members of Congress.  The truth is that the political system in America has become a colossal beast that just continues to grow no matter who is in power.  The political establishment of both parties is totally dependent on this beast, and they will continue to feed it and serve it because it has been very good to them.  The following is from an outstanding article by Steve McCann

Friday, November 30, 2012

VXX

Bought 10 VXX Jan 30 calls at 2.58

Volatility as long time lows, especially my custom VOS indicator.

Holding 10 UUP Dec  Puts at 23, this one is pretty darn illiquid 1.06, 1.09 spread, trying to close out at 1.07, as I hate the theta burn and Dec 21 is far too close.

Also note that Dec 21 is the solstice, often a market mover, but with year end shenanigans it may get steamrolled this year in particular.


The Zurich Axioms

This may have more applicability now than ever, worth a read



http://www.sharelynx.com/papers/TheZurichAxioms.php

Major Axiom 5 :- On Patterns - The Emperor Axiom

Chaos is not dangerous until it begins to look orderly.
 
Do not look for order where order does not exist. Do not overlook the large role chance takes in any speculation. Study information in whatever speculative medium to improve chances and take your best shot. Stay light on your feet ready to jump this way or that. You are dealing with chaos, as long as you are alert to that fact you can keep yourself from getting hurt.

Internal Monolog goes:

“OK. I’ve done my homework as well as I know how. I think this bet can pay off for me. But since I cannot see or control all the random events that will affect what happens to my money. I know the chance of me being wrong is large. Therefore I will stay light on my feet, ready to jump this way or that when whatever is going to happen happens."
 
Minor Axiom V

Beware the historians trap.

The Historian’s trap is a particular kind of orderly illusion. It is based on the age-old but entirely unwarranted belief that history repeats itself. People who hold this belief - which is to say perhaps ninety-nine out of every hundred people on earth - believe as a corollary proposition that the orderly repetition of history allows for accurate forecasting in certain situations.... Don’t fall into this trap. It is true that history repeats itself sometimes, but most often it doesn’t, and in any case it never does so in a reliable enough way that you can prudently bet money on it.
 
Minor Axiom Vl

Beware the Chartist’s illusion.
 
Minor Axiom Vll
Beware the correlation and causality delusions.
 
Minor Axiom Vlll

Beware the Gambler’s Fallacy. ( This is my lucky day.)

Thursday, November 29, 2012

Silver Traction and ES Stop Sweep

Silver may be getting traction on the way to my predicted year end box.   I always use rectangular boxes to indicate "target zone".   I have found that time horizontal direction is harder to guess, sometimes things take longer than you would think.  

 And then move in ES today, an effective stop sweep, as bulls set stops "not too tight" they needed a pretty good dive orchetrated to pop those stops, and they did it, look at the volume.   

USD DX kind of says bounce "up", which means equities down, and Vix, including my patented VOS indicator is at all time lows.     So finding mojo in the downside makes sense for me today, tomorrow, and keeping in the mind the eclipse Puetz window.


Wednesday, November 28, 2012

ES (SPY futures) with huge nightime buys

I have been playing not at all, or small.  

Took 3 ES futures long today.    Thats like $400,000 notional, so thats pretty big.   But only 3 cars.

Also took NZD/JPY long, based on a "high flying flag"

So far so good.  

Mores secret Stuff, Egg of Doom returneth