If you are in - GET OUT!

[gates]

Last warning gents! maybe a few days or several months but we're done.

[gates]

Mark - I probably should have joined a firm a few years ago as you suggested - I could have saved some people!

[gates]

Anyone see Rosy's co-host on CNBS today - he gets it - he's about the same speed as Denninger IQ wise - you folks REALLY need to be paying attention...

[Skilter]

All my stock is in 98% cash funds, guns, PMs (holding) and a few personal stock holdings I am closely tied to... nothing else... GET READY!

[Bawana jim]

Been moving cash to "things of value":biggrin: :biggrin: Unfortunately they wrote up laws in the Healthcare bill that says we have to do a 1099 on anything we sell over $600. I see they had it figured out what people would do to save themselves from the fugging comming.

jim

[2barearms]

There is a certain level at which business can survive, gasoline for instance
was 'underpriced' at the end of 1998, here in Houston it was .80 a gallon.
When it started to climb it went through the roof, this was a conditioning
move and it has settled at around $2.50. The PTB are not going to let the
markets crash. GS has the Keys to the engine, just look every morning
when the overnite trading starts to go south the Trading Programs kick
in and by the end of the day they have 'bid up' the markets to even.
10,000 is the new normal. I don't think there is much money on the table
for the individual investor and the Government is criminalizing information
and if you act on the information you could spend time eating bad food and
have ugly roommate.

[Bama Steve]

Originally posted by Bawana jim
Been moving cash to "things of value":biggrin: :biggrin: Unfortunately they wrote up laws in the Healthcare bill that says we have to do a 1099 on anything we sell over $600. I see they had it figured out what people would do to save themselves from the fugging comming.

jim

Unenforceable.

[juanni]

Originally posted by Bama Steve


Unenforceable.

Yep, especially when enough people just refuse to go along with it.




................juanni

[renaissance_warrior]

gates and all, I would suggest that you invest in REITS that are rental properties. The whole housing market is going to section 8 per The Empty Suit. That will be the best place to be. It will genenerate stable , yet unexciting income.

[offshore44]

Originally posted by Bawana jim
Been moving cash to "things of value":biggrin: :biggrin: Unfortunately they wrote up laws in the Healthcare bill that says we have to do a 1099 on anything we sell over $600. I see they had it figured out what people would do to save themselves from the fugging comming.

jim

I just had a thought (scary, huh?)... Does that mean that when I toodle down to the local purveyor of ballistic equipment and sell / purchase something for over $600 that a 1099 needs to be issued? Really? That's going to turn out well. Or is this just a business to business thing?

Edit to add: I've been out of the market since about 2001 or so and all my excess net (what little there is) has been going into hardware and consumables.

[Bawana jim]

Originally posted by Bama Steve


Unenforceable.

Well I suppose if you deal in nothing but cash, assuming cash is still around then there would be no way to trace a transaction. They go to electronic money and nothing you buy with it can go un-noticted.

jim

[Bama Steve]

Originally posted by Bawana jim


Well I suppose if you deal in nothing but cash, assuming cash is still around then there would be no way to trace a transaction. They go to electronic money and nothing you buy with it can go un-noticted.

jim

If that happens, your buyers and sellers will find something else to deal-in or they will be on the radar as well.

Beans, bullets and beer will rule at some point.

Stock up!!

[cpd109]

Originally posted by Bawana jim


Well I suppose if you deal in nothing but cash, assuming cash is still around then there would be no way to trace a transaction. They go to electronic money and nothing you buy with it can go un-noticted.

jim

IIRC, in January 2011, all back card transactions on line go through/to gov't. Ammo, campiong gear, cleaning supplies, etc. We will have to revert to cash only, at least those of cherish privacy.

[TheJokker]

Originally posted by renaissance_warrior
gates and all, I would suggest that you invest in REITS that are rental properties. The whole housing market is going to section 8 per The Empty Suit. That will be the best place to be. It will genenerate stable , yet unexciting income.

excellent point. there is quite a difference between a painful correction of epic proportions and a total collapse. some will thrive in the coming years by taking advantage of new opportunities.

[Nomad, 2nd]

Originally posted by gates
Last warning gents! maybe a few days or several months but we're done. Because?...


ETA:I mean the timing.

[gates]

charts and a hindy!

the fundamentals are finally starting to matter... check out the sox and trannies - bad bad bad!

[Nomad, 2nd]

Originally posted by gates
charts and a hindy!

the fundamentals are finally starting to matter... check out the sox and trannies - bad bad bad! In English?

[gates]

some of this you will have to look up - Hindenburg omen - 2 within 40 trading days has an extremely high confidence level of predicting a severe market decline - almost all of the charts show drops below moving average levels that indicate a market trend change - SOX - semi conductor index - indicates future Cap Ex (demand). The cherry on top is the fact that ten year treasury yield is at the same level it was back when we were MUCH MUCH lower in equities in 2008 - yield down price up usually means bad things for equities - (money is fleeing into tbills). Theres alot more but you get the idea. Oh forgot about Gold -doing the same thing the 10 yr is - acting as a safe haven.

Bottom line - the trend has or is changing from up to down - there is a massive disconnect between the equities and bonds - bonds say we go down and they are usually right:-)

[gates]

heh go look at the friggin bond charts! tell me that's in ANY way bullish for equities... as the yield curve flattens financials lose their ability to earn - financials LEAD!

[davedude]

Gates dude I hear ya, thanks again, getting my ducks lined up in a nice row as best I can. hindenburg omens and sh*t does not look good.

gates and all, I would suggest that you invest in REITS that are rental properties. The whole housing market is going to section 8 per The Empty Suit. That will be the best place to be. It will genenerate stable , yet unexciting income.


+1000. I have moved in that direction, am setting up a rental income that will take care of my lazy ass.

Dave Dude

[JohnnyReb]

Very prescient Gates ...

Must Watch Kyle Bass Interview: "I Don't Know How I Can Be Long Stocks"

http://www.zerohedge.com/article/must-watch-kyle-bass-interview-there-no-way-i-can-be-long-stocks

[gates]

Watched it live this morning - frankly I am shocked that CNBS- A) had him on and B) didnt talk over him and try to repudiate what he was saying...

IMO he is spot on and 100% correct - now, if people would just watch that and LISTEN to what is said they can get an idea of how dire our situation really is.

Oh, and by the way, we have already passed the event horizon - there aint no going back or turning the ship around - we are facing reset, the only question is when.

[RKBA01]

No idea what these guys are talking about, except the sky may be falling.

I don't follow sports, don't follow financial mumbo-jumbo markets, don't watch TV, don't do stocks.

All I can conclude is that the ass-raping has been going on since approx the 1900s and that we're apparently out of ass.

And that Benjamin Franklin was spot-on in 1787 with his: "A Republic, if you can keep it."

[gates]

Hmm...

[neptune]

Ok, so we have heard the warning. The question is what now?
It does not sound like there are any "investments" that one could use if they were lucky enough to have an IRA or a 401K.

Beans, Beer and Bullion?

[gates]

bonds - for now - or better yet a money market fund IF you can't get out of your plan - if you have no preps I would probably take the tax hit and convert to ammo, food, 6 months cash and PM's - whatever is left leave in bonds or money mkt funds - thats what I would do - but I am NOT a financial advisor - I am a builder that reads too much - do your OWN DD.

[neptune]

Sounds like good advice.

I was thinking TIPS might be good until it is time for the Treasury to restructure its debt.
http://www.treasurydirect.gov/indiv/products/prod_tips_glance.htm

Seems to me an avid reading builder gives good advice. If I ask a banker I am sure all the advice would somehow encourage bank product investment. :-)

[Skilter]

Don't forget bullet proof vests for you family ...

[one hand clapping]

easiarmor ''s been have'n a summer sale , great 3+ scaler plates, Alan is good PEOPLE--now back to the comming collapse.