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.
JI
jimkane
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Look, I've really given of myself in this forum, all for free. I've asked nothing in return. Now it's time to pay me back. Time to pony up. I ask no cash. I ask that you watch this (most of you will relate more to the second half, I think):
http://www.thrivemovement.com/the_movie
and pass the link on to everyone you know. And ask them, with some gentle pressure, as I am doing here, to pass it on to everyone they know. Trust me, this is our last chance. I still think the odds of success for us are less than one in a million, but when the stakes are our very existence, our freedom, we still have to try. Please do this for me, and for your children, and their children. I'm not over-blowing this.
http://www.thrivemovement.com/the_movie
and pass the link on to everyone you know. And ask them, with some gentle pressure, as I am doing here, to pass it on to everyone they know. Trust me, this is our last chance. I still think the odds of success for us are less than one in a million, but when the stakes are our very existence, our freedom, we still have to try. Please do this for me, and for your children, and their children. I'm not over-blowing this.
JI
jimkane
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The system is just so corrupt. And everyone just stands by as the rule of law, and the constitution, are completely abandoned.
http://www.bullionbullscanada.com/gold-commentary/25312-precious-metals-deja-vu-for-morgan-stanley
http://www.bullionbullscanada.com/gold-commentary/25312-precious-metals-deja-vu-for-morgan-stanley
JI
jimkane
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Here's a good article explaining what I have been saying over and over about the dropping standard of living since the 70's. This perhaps does a better job than I have at laying it out. It is a real must read.
http://bullionbullscanada.com/us-commentary/25308-us-standard-of-living-has-fallen-more-than-50
http://bullionbullscanada.com/us-commentary/25308-us-standard-of-living-has-fallen-more-than-50
JI
jimkane
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I think this is one of the best, if not the best, article I have ever read describing why I am so chronically depressed all the time about our country. Why no one wants to be around me any more. I guess by posting this I'm going to be the next one to take a trip to Guantanamo, or somewhere like it...
http://www.zerohedge.com/contributed/2012-17-27/should-we-kill-politicians-they-kill-us
http://www.zerohedge.com/contributed/2012-17-27/should-we-kill-politicians-they-kill-us
JI
jimkane
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This is interesting, given I'm a 'steady-state' proponent:
http://theautomaticearth.org/Earth/the-limits-to-mankind.html
http://theautomaticearth.org/Earth/the-limits-to-mankind.html
JI
jimkane
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Just awful, awful, awful stuff from people that truly, truly have no clue about the real world...
http://www.cepr.net/documents/ftt-support.pdf
http://www.ids.ac.uk/files/dmfile/rr68.pdf
http://www.cepr.net/documents/ftt-support.pdf
http://www.ids.ac.uk/files/dmfile/rr68.pdf
JI
jimkane
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Posts: 33,089
In case anyone is wondering why I am so p#%&ed off when oil goes up over 10% in one day and the dollar gets crushed and they steal more of our money to pump up the stock market:
http://www.oftwominds.com/blogjune12/priced-out6-12.html
http://www.oftwominds.com/blogjune12/priced-out6-12.html
JI
jimkane
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Posts: 33,089
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
http://www.zerohedge.com/news/2013-04-17/farage-unleashed-you-are-common-criminals