Search Results for: january 13

If this morning’s column turns out to be a bit shorter than usual – and missing a dandy feature like an incredible Wujo story which I had planned for this morning (damn!) it’s all because we had a power outage out here at the end of the string last night which took out the power supply in the main server. I can restore from backups, or just write this morning’s column, so I picked the latter. You’ll have to come back Thursday for the good stuff. Normally, when something like this happens, it’s no more than a half-hour worth of nuisance because that’s about how long it takes to tear open the box, toss in the power supply, and reboot.

Thank you Congress. By running back to the printing press you have jammed up the price of gold more than $35 bucks (some are excitedly saying $50), which is fine by us, but is this really the rational thing to be doing in here? With stock futures pointing to a slight pullback at the open this morning, down may 50-75 points after yesterday’s nosebleed-inducing rally, there I was by the phone when long-term reader Nick called. “So, George, let me see if I have this right: Congress needed to pass the debt ceiling so that we could keep paying our creditors, right?

The conventional wisdom on many investment-related websites is that the Fed decision yesterday touched off a major short-covering rally and from here things could go much higher. That they could continue upwards, I won’t dispute, but as to the implied “cause” there’s likely something else at play: The seldom mentioned role of currency valuations. Although it’s normally the kind of thing best explained on our Peoplenomics.com subscription service, there’s so much dumbed-down thinking on what causes rallies, that it deserves a little wider consideration.

You gotta love it when the market has just run into overhead resistance in the S&P 1,686 level and just can’t seem to get enough traction, and then looks like it will fall back. You see, because the S&P and the Dow have not been able to punch through the old highs set on August 5th and 2nd respectively, the doors of hell could open in the next couple of weeks because (repeat after me) Crashes don’t just appear out of thin air: they occur often times 55-days, or so, from a major high (which is coming up soon enough) and along the way there, you’d expect (under Elliott wave rules) to see Wave 1 down, then a wave 2 rally, and the decline and rally would then give you some key insight as to what will happen next. That’s because a “normal” decline might be expected to be 1.608 times the first wave down, and then a 5th wave down would be another 1.

Yes, the book Another Nineteen: Investigating Legitimate 9/11 Suspects is likely worth your time to read, as is a visit to author Kevin Robert Ryan’s website over here. Getting traction… Also: Hat tip to reader Charles for the catch…and he thinks you might enjoy Project Censored’s “Exploring the Financial Core of the Transnational Capitalist Class” which gets more into those check-writing rulers behind the seats of power. All of which, he notes, could be a nice series of backgrounders before you move along to the front-edge newsnipulations (go ahead, use it, my gift) about to come at the helm changes at the Fed.

I’ve decided to moderate my outspoken criticism of the pending attack on Syria, since it is obviously baked-in-the-cake now, given that the US Senate breaks its own freaking rules in its headlong rush to war. The UN report not being in doesn’t seem to mean bupkis, and China this morning has sided with Russia over Syria which is significant since if China were to vote with its wallet (by not buying our “bond” offerings) we’d soon enough implode financially and the Rest of World (RoW) knows it. Oh-oh…al Qaeda-linked rebels attacking a Christian village? Tisk, tisk… Rebels executing folks? Oh my…This is moderation, Mr.

Thursday morning, we recounted one of our Wujo tales, wherein a reader reported on the case of mysterious sandals that seem to have gone walking about on their own. At the end of the column the WjD (wujo detective degree abbreviation) asked a number of questions which might lead directly to a simple solution to this apparent contradiction between observed reality and more or less normal events. We have some answers: “Logically, the dog fetched them from the stairs, brought them inside (do you have a pet door?) went up stairs looking for the kid, not finding him, notice someone in the recliner and dumped them under there…???

Ure’s truly did not win the PowerBall last night, and if you have time to read this, neither did you by the looks of it, although a number of lucky people did. Turns out the winners included one in Minnesota and two in New Joisey. (sic) The good news, such as it is, may be that there’s another column to read although I was anticipating being able to post my farewell, audios, sayonara letter. Maybe (hopefully) next time. This leaves me stuck in my “get rich slow” rut, which isn’t bad, but I’m an impatient cuss.

Ure’s truly did not win the PowerBall last night, and if you have time to read this, neither did you by the looks of it, although a number of lucky people did. Turns out the winners included one in Minnesota and two in New Joisey. (sic) The good news, such as it is, may be that there’s another column to read although I was anticipating being able to post my farewell, audios, sayonara letter. Maybe (hopefully) next time. This leaves me stuck in my “get rich slow” rut, which isn’t bad, but I’m an impatient cuss.

This morning’s report is a bit longer than usual, but with good reason. Despite the distractions of small-fry stories of late (babies and trials and such) there are a number of very big stories like the NSA spying mess which deserve thoughtful consideration because they will steer the country’s future. So read this morning’s Coping section below. Since our roots are economic, we start with the generalization that “You know your country is in trouble when a lousy 1.8% annual growth rate” spurs the Dow toward new all-time highs.