I decided to split off my postings of economic links from Jim's Thoughts, so that I can get that topic back to what it was intended to be, a place for me to post trading ideas and thoughts I had that I felt could be of interest to the readers.

This topic is where I will post links to various economic articles, for those that find them interesting. If you want to read (or post) articles about the unfolding debaucle, this is the place to look. If you are a short-term daytrader or swing trader and have zero interest in the economy, you can now just read Jim's Thoughts and not have to wade through this type of dicussion.

At best I think this material only has a direct effect on longer-term plays, the bigger swings that make up the major legs of the bull and bear markets. I follow this stuff for that reason, and because I want to have a handle on things, if that is even possible in this era of lies and deception, so that I can make decisions on life issues.

For example, as I posted in the commentary on the website and discussed with many people well in advance, this was something that wasn't hard to see coming. I saw many people who told me as late as Oct 2007 that 'this thing is about to 'break out' to the upside, and that Dow 20,000, and then much higher, was 'just around the corner' '. The type of articles I am posting discuss the type of information that helped me form the viewpoints I had back then.

If this is far from over, as I suspect, we are in a similar postion now as back then. With the rally that is unfolding right now the talk is the bull is back, the bottom is in, and we are set. I'm not so sure. So, I try to weigh up all the factors and not get too sucked in by the hype. To that end, I will post things here I find interesting.

Great. As M and I frequently discuss in here, try not to get too depressed by all this. And realize that the market will not always reflect all this stuff until it is forced to. Just as with a 1-min chart, the market has a tendency to postpone decisions as long as possible. I just want to have some good discussion on the fundamentals that may affect all our lives, given that with the skills we already possess maybe we can make some informed decisions on our own personal finances, instead of just being deer in the headlights, hoping against hope 'they' will do the right thing with what we worked our whole lives for. That's my point here.

I fully agree and share your perspective that the real moment of truth may come anytime now

I read these scary articles. Quite different in content than the news I get on TV or in the newspaper.

Al Kamego

This thing is going to crash sooooooooooo hard, in my opinion:

http://www.zerohedge.com/article/mises-man-who-predicted-depression

This is very cool. The price we pay for a nice, rising stock market:

http://www.zerohedge.com/sites/default/files/images/Exter%27s%20Pyramid.png

1.6 quadrillion in derivatives. Here's the article:

http://www.zerohedge.com/article/feds-nemesis-exters-2-quadrillion-liquidity

I know anyone can say anything and it doesn't mean squat, but this is kind of what I am worried about. I don't want to spin off on some crazy stuff, but I have to wonder if those Mayan's aren't going to be right...

http://www.youtube.com/watch?v=UpgZx-9FLbE&

This is pretty comical. No wonder we are in so much trouble. These are the only people that can stop what is unfolding, and look at them...

http://www.youtube.com/watch?v=Gk5aRIz17fk&

Too funny Jim.

The 'real world' vs. the 'perceived world':

http://www.zerohedge.com/article/other-side-chinas-8-gdp-growth-ghost-cities

I forgot, I do have another hero to go with Ron Paul and David Stockman, and that's Nigel Farage. Here's his latest:

http://www.zerohedge.com/news/2013-04-17/farage-unleashed-you-are-common-criminals