No guns? Be careful what you think, say or do.

An unarmed people is an enslaved people or one that could be enslaved easily at any time the minute that they don't do as they are told by their government "protectors" (AKA protection racket).  Today's proof point of this fact is presented in this story in which a Thai woman was scooped up by police for insulting the monarchy.  Her chosen words of insult and derision were "I see".  Gee, if she is in trouble for that then what would happen to me if I told the elitist M-Fs what I thought of them?  Public beheading?

Seriously though, these things happen in 3rd world shit holes because the populations are all defenseless.  In fact many of them would be little bits of paradise if not for the slave factor.  For those anti-gun folks who might happen upon my blog I would respectfully ask you this: what is worse, the threat of gun violence by an armed populace or the certainty of violence against the unarmed populations?

Ah but don't worry about a thing!  She'll be right as the Aussies might say.  How do I know?  Because her friends and family are holding candle light vigils in her name, of course!  What else would an unarmed slave do but pray to the criminal government for lenience and mercy?  The whole thing is just sick and wrong.  If government takes anyone from my family for something like that then they have declared war with me.  Not the kind of war where 1 guy goes up against a squad of heavily armed storm troopers.  No!  Asymmetric warfare is what they would get from me.

Chicago pension shortfall truth exposed.

Mish reports just how bad of shape the Chicago pension system really is.   Suffice it to say that it could rightfully be renamed Puerto Rico Chico.  Or maybe ChiTown should be renamed DieTown.  It's that bad.  The debt (obligation is just another word for debt...) is unpayable and so it will simply not be paid.  Fire and police workers will then go on strike to teach a lesson to the "greedy" citizens who will not double down on taxes in order to fill the pension kitty a lesson.  Never once will the den of liberalism which is public "service" (I mean blatant parasitism...) take any responsibility for simply having done business with a bunch of con men.

Worse yet, police will be causing crime, perhaps even more murders than they already do today, and firefighters will be setting buildings ablaze if the carnage does not occur fast enough once they go on strike.  I say that any public worker who, in the course of their job or at any other time performs an act of vandalism designed to teach everyone a lesson about not stiffing them on their pension is guilty of terrorism and should be treated as a terrorist.  In fact, what is a terrorist but someone who causes mayhem and and property damage in the name of achieving political goals?

We ain't seen bad yet, but it's coming.

Oklahoma passes bill criminalizing abortion.

And so the new conservative pendulum swing evidence de jour is out in the form of this story wherein OK legislators push the conservative agenda of criminalization of abortion.  What I think about it doesn't matter (imagine that - an American who realizes that his personal opinion is not very important... how rare!   ;  ).  What does matter is that many years of liberal thought creep are now being rolled back at a very rapid rate.  All of this tells me that the economy is worse than many imagine.  A happy, well fed herd does not care about conservative things.  It wants to be the grasshopper in that case and it wants to laugh at the ants.

But an economic winter is approaching and the laughter is about to end.  We can already see the first flurries in articles like this one.  And the loudest complainers of all will be the same damned ass hat liberals that caused the problems in the first place by not listening to conservatives (and of course I do not refer to GOP with the word conservative.  Most of them are liberals in action and in deed).

Still think 9-11 is over/forgotten?

Think again.  Because the US economy is slowly swirling the toilet, the powers that be are increasingly pandering to the wishes of the American people.  The latest proof point in this is that Congress passed a bill allowing families of 9-11 victims to sue Saudi Arabia for their potential part in the insider job that was 9-11.  There are a lot of "ifs" in there including "if the Saudis are found to be responsible for aiding the attacks".

But now that lawsuits can be waged someone is going to invest a lot of money in researching and investigating what really happened.  We may never know the full truth but we will certainly learn something that nobody thought was possible - it was state sponsored terrorism and it probably occurred with the knowledge of and potentially support of factions of the US government.  I have been predicting this would be the case for several years now and this latest news, which comes with extreme push back and open warnings from the Saudis that they would dump US assets if targeted like this, is proof that real progress is being made toward busting that scam wide open.

The start of the petro dollar was US-Saudi cooperation.  We could be seeing the beginning of the end of the petro dollar if US-Saudi relations break down.  If this happens, what do you think will become of all those fake paper bank notes that we sent out into the world for the past 80 years?  That's right, they will all come home to roost.

First a deflationary crash and then massive if not hyperinflation.  This has been my prediction for a long time, my so called supernova economy.  Deflation has certainly ravaged commodities but deflation never lasts forever.  The dollar has one more big move up but after than I suspect it will be very wise to be out of dollars and into gold and silver coins.

Here's a freebie for the nonpaid blog [UUP]

It's been awhile since I provided any free market timing insights on the non paid site but once in awhile I think I should share a tidbit with the world.  The recent bottom in the dollar was an important one and my model says it will now head higher into 2017.

As this unfolds, think to yourself what you could be doing with daily insights into market moves like this before anyone else has a clue they are unfolding. 

You know where the subscribe button is.  For just 39.95/month which is the cost of just two round trip trades at TDAmeritrade, you can know the important trading turns like this. 




Now, if you are laughing at this because the dollar is a piece of shit fiat currency then I don't blame you because the dollar is in fact a piece of shit worthless debt note.  But the herd doesn't know that and the herd is what counts!  If you try to trade based on the so called fundamentals you will lose more often than not because, dear reader, neither you nor I nor anyone else on CNBC or other Financial Infotainment outlets has any clue what the REAL fundamentals are which move stock price.  This is why so many experts are correct ideologically but are wrong in the market place.  Being right about the fundamentals but wrong about market moves simply means you don't know anything about why and how markets move.

So yes, the dollar will eventually collapse along with all other crap ass fake paper money.  But right now my EW model says that the dollar is going up and my EW models are averaging about 70% correct.  In this case I'll say the odds of it being right are more like 85-90%.

All of a sudden, nobody wants to pay Bill Clinton to speak.

Peak liberalism again shows its face in the Yahoo news story talking about presidential hopeful incomes.  Bill Clinton has see his speaking fees drop off a cliff. But Trump's income looks strong.  Gee, I wonder why after all these years of loving Bill that his adoring fans have all but abandoned him...

Actually, no, I don't wonder.

Old icons are getting their reputations killed.

I said long ago that a major sign of the peak of the debt Ponzi would be that major investing names would end up getting dragged through the mud.  Why?  Because without ever expanding debt, these people can't grow anything.  All they even did was use leverage.  For today's proof point of this look no further than the Yahoo story which called Icahn "Junk".  I think they could have been a bit more fair with the headline but instead they chose to be smart asses about it.  Expect more and more big investing names to stumble and face plant in the coming years, even Warren Buffett.