tag:blogger.com,1999:blog-1708908742323002823.post5223413935744383123..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Another European DominoTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger32125tag:blogger.com,1999:blog-1708908742323002823.post-53468670291743830842013-03-21T21:55:01.857-07:002013-03-21T21:55:01.857-07:00Scriptures teaches us: "A man who will not wo...<i>Scriptures teaches us: "A man who will not work, will not eat"</i><br /><br />Actually, Dan, this ethical rule was also included into "moral code of the builder of communism" ;-)<br /><br />2)"Conscientious labor for the good of society: he who does not work, neither shall he eat"<br />en.wikipedia.org/wiki/Moral_Code_of_the_Builder_of_Communismbearcalahttps://www.blogger.com/profile/16385314948644926751noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-20945634897722317262013-03-21T18:18:02.057-07:002013-03-21T18:18:02.057-07:00I don't know SRV.... i'm kinda fond of Bar...I don't know SRV.... i'm kinda fond of Bar-B-Q sauce.Foam_Rangerhttps://www.blogger.com/profile/04515635071117179055noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-5509720735651833722013-03-21T18:03:42.741-07:002013-03-21T18:03:42.741-07:00SRV;
Thank you for making me wise. I feel so much...SRV;<br /><br />Thank you for making me wise. I feel so much better now that I have been illuminated. I can now see that free market capitalism did not produce the greatest standard of living ever known to man but rather socialism/Marxism did. Maybe I should also let the folks over at Mises.org know this wisdom so that they too can be wise.<br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-51746085928389439042013-03-21T17:08:12.876-07:002013-03-21T17:08:12.876-07:00Dan,
In your field, you are second to none... reg...Dan,<br /><br />In your field, you are second to none... regarding socioeconomic's, you clearly do not have a clue, and simply parrot the right wing, US centric echo chamber.<br /><br />Margret Thatcher, like Reagan, was a fraud... a tool of the elite. Both were canonised by a corporate controlled media who dutifully shaped the myths through smoke and mirrors while the corporate handlers set the stage for the mess we have today (after they stripped the worlds economy of all they could)... even a Conservative UK blogger gets it!<br /><br />http://conservativehome.blogs.com/thecolumnists/2012/10/lets-look-at-the-thatcher-years-in-full-not-just-in-parts.html<br /><br />And, who would the disenfranchised vote for to change their lot in life... Romney/Ryan? ROTFLMAO!<br /><br />@Foam Ranger - A Gump quote... nice!<br /><br />SRV ES339https://www.blogger.com/profile/17955738173581128887noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-66683464220211365802013-03-21T12:36:25.776-07:002013-03-21T12:36:25.776-07:00Amen Dan,
'Stupid is as stupid does".
B...Amen Dan,<br /><br />'Stupid is as stupid does".<br /><br />BTW, has SRV had some kind of conversion?<br />Just weeks ago he was a devout commie with gay, alcoholic tendencies.... strange???Foam_Rangerhttps://www.blogger.com/profile/04515635071117179055noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-43250653842962345292013-03-21T11:30:25.990-07:002013-03-21T11:30:25.990-07:00SRV - spoken like a true believer in the cause. On...SRV - spoken like a true believer in the cause. Onward fellow workers - unite....<br /><br />These same people who are suffering job loss are the ones who voted to put these people into power. They can vote them out anytime they wish. That they do not is a testimony to their own damned stupidity. Ultimately, people get the government they deserve.<br /><br />As Margaret Thatcher said it so pointedly" the problem with socialism is that eventually you run out of other people's money".<br /><br />Much of Europe is a testimony to that truth. <br /><br />The greatest source of prosperity has been and always will be free market capitalism. Perhaps we will see it once again in an era that is not marked crony capitalism.<br /><br />By the way, there is no lie in stating that social programs are an evil root to the problem. Southern Europe is a testimony to the fact that those nations who continue to spend money on social programs that they cannot afford, will eventually end up destroying themselves.<br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-64466541171915036262013-03-21T11:00:19.582-07:002013-03-21T11:00:19.582-07:00The only socialism in this disaster is corporate!
...The only socialism in this disaster is corporate!<br /><br />The people pay for corporate malfeasance, then their paid shills (in government and the media) repeat the lie that social programs are the evil root of the problem.<br /><br />The average citizen suffers job loss, service cuts, elimination of interest on savings, pension loss, destruction of asset price (a very short list of examples)... while the corporations prosper and the executive class incomes rise exponentially while they take every opportunity to lay the blame at the foot of "the takers" who suffer the most.<br /><br />And now the game moves on to the next phase... and they will simply take what they need to repair the damage they have inflicted on the world economies from the people.<br /><br />Socialism indeed.<br /><br />SRV ES339https://www.blogger.com/profile/17955738173581128887noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-62637120421096563982013-03-21T08:06:56.170-07:002013-03-21T08:06:56.170-07:00Dan, dittos on every word. Thank you and keep up t...Dan, dittos on every word. Thank you and keep up the good work you do to provide us with such valuable insight, information and wisdom. All free of charge I might add. Thank you.Larryhttps://www.blogger.com/profile/12820258639423060074noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-54587838426816532622013-03-21T06:57:57.796-07:002013-03-21T06:57:57.796-07:00No problem wolf.
The cold, hard, fact is that Ber...No problem wolf.<br /><br />The cold, hard, fact is that Bernanke's achievement is simply eye-popping. And now that every other central bank is now joining in the "Print Fest" to create even more prosperity.<br /><br />As long as there are Cyprus type events that pop up, that gives the world money printers to simply step on the gas, while at the same time spooked investors gobble up U.S. Treasuries and U.S. retail stocks as a safe haven.<br /><br />The odds of making this bet back in 2009 and succeeding seemed like 10,000 to 1, but it actually worked.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-1316812618669940212013-03-20T17:06:04.988-07:002013-03-20T17:06:04.988-07:00Mark, I apologize regarding My initial outburst. ...Mark, I apologize regarding My initial outburst. I share your perplexed conclusions. Tiring. Keep a stiff upper lip and we have to know a relenktlessly incrase in both debt and fed balance sheet cannot coincide with decreasing gold silver and valuable miners. Accept my apologies for my initial aggressive remarks. I misunderstood your sarcasm.White Wolfhttps://www.blogger.com/profile/13965194184809848345noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-87036826846758932252013-03-20T14:36:26.911-07:002013-03-20T14:36:26.911-07:00Another day of success by the "Master and Com...Another day of success by the "Master and Commander" Ben Bernanke.<br /><br />His foot is still on the gas and he's not the slightest bit worried, as the CRB index keeps falling, gold and silver moribund in a trading range, 10-yr. yield still under 2%, and the Dow made an intraday all time high again today.<br /><br />I've never heard of prosperity being created by printing money, but I guess Krugman was 100% correct all along.<br /><br />You would think by now Williams Sonoma would be at 52 - week lows and Newmont Mining at 52-week highs right now.<br /><br />However, its just the opposite...<br /><br />Simply incredible. It is almost like magic.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-27762313690142506662013-03-20T13:30:48.145-07:002013-03-20T13:30:48.145-07:00So it goes on. Cntrl Alt Print. Who cares anymore,...So it goes on. Cntrl Alt Print. Who cares anymore,go long stocks, preferably an Index as you would not want Apple or Fed X today. I cannot believe the Cyprus worry is not building in Bank Runs in Euroland elsewhere. Maybe it is? Certainly would not be pronounced in the media. Painful as I am in jail with these miners but staying on hold to see what happens outside Bens Bubble world. White Wolfhttps://www.blogger.com/profile/13965194184809848345noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-83644280298492382552013-03-19T23:49:34.749-07:002013-03-19T23:49:34.749-07:00Thanks a lot Dan, can but agree with you about all...Thanks a lot Dan, can but agree with you about all this.<br /><br />Just one question though :<br />Embry on KWN : "‘Would I rather have a bank deposit or would I rather have gold in my own possession?"<br />Same from Jim Sinclair and other gold analysts.<br /><br />Why do they not consider the simplest third alternative? You can close your bank account for CASH, not for GOLD.<br />Why would most people bother and convert their CASH to GOLD?<br />All they would do imho is to get the cash out from their bank account and hide it somewhere.<br />I don't understand the motive of such a shortcut (bank run means everybody runs to physical gold)...<br /><br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-33706725230554053932013-03-19T17:38:49.115-07:002013-03-19T17:38:49.115-07:00people throughout history have claimed that this o...people throughout history have claimed that this or that group are behinf the conspiracy. it's really the NWO / illuminati group behind all of the above. Their disinformation agents push the this or that group idea. It's the same beast with many different names. Humans have been managed like cattle. The NWO run a highly sophisticated and advanced operation and methods. They are 20 moves ahead of the general population. Most humans will go to their grave never knowing what is happening around them.<br /><br />priorishttps://www.blogger.com/profile/02163793831650790540noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-62283231097228636172013-03-19T16:20:05.991-07:002013-03-19T16:20:05.991-07:00fomc decisions haven't been kind to gold, but ...fomc decisions haven't been kind to gold, but what has during a 5 month down run...<br /><br />gold did have a change of character by popping twice off the hit on non-farm payroll and the hit on last week's initial claims..<br /><br />ETF liquidation is still a significant drag on gold. Last week saw 518,000 ounces of metal sold overall, with nearly all of the major funds participating in the selling. This was a touch lower than the previous week’s selling (541,000 ounces) but overall the pace of outflows remains high enough to worry the bulls. <br /><br />gold/silver ratio rose for 7th straight session tuesday, let's change that on Fomc decision weds.!<br /><br />cheers!<br />77https://www.blogger.com/profile/05390025091154704970noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-14197260446204368732013-03-19T15:52:21.564-07:002013-03-19T15:52:21.564-07:00The best post i've read ever and couldn't ...The best post i've read ever and couldn't agree more. <br /><br />What it really all boils down to is stock management with stock being people. From ancient times and forced slavery to voluntary enslavement to basically new human aka consumer.<br /><br />Bickering about wording of how to name the same beast is waste of energy. Call it evil and be done with it...<br /><br />Sharachttps://www.blogger.com/profile/09755122636514517763noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-81666370421693067292013-03-19T15:51:30.888-07:002013-03-19T15:51:30.888-07:00How is it that "European Dominoes" that ...How is it that "European Dominoes" that have been falling constantly the last 3 years always result in a mad flight into Treasuries, U.S. retail stocks like Williams Sonoma, and commodities are sold with the utmost urgency?<br /><br />I mean really, look at crude oil, gasoline, wheat, feeder cattle, and all the rest.<br /><br />It is as if the faster the central banks print, the faster commodity prices fall.<br /><br />Gold and silver today were the exception, but commodities, resource stocks, etc. were killed while "Too Big to Fail" banks like BAC and WFC were barely hit.<br /><br />Bernanke, Draghi, and Uncle Abe will all three win the Nobel Prize for Economics after this sensational ability to manage inflation and interest rates with the sheer force of "words" and phony financial crisis.<br /><br />It really is an amazing acheivement, free money with the 10-year at 1.9% and gasoline and grains back into their relentless declines.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-20828125104081496102013-03-19T13:58:19.349-07:002013-03-19T13:58:19.349-07:00interesting cooment heard today -- how is the 3%+ ...interesting cooment heard today -- how is the 3%+ healthcare tax on sales of our houses (if over $200,000+) any different than grabbing 3%+ from our savings accounts (if balance over $200,000)?? The money grabbing of our savings/investments is already in force here in the USArezublerhttps://www.blogger.com/profile/12378542272412248761noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-24776638415190297322013-03-19T11:45:27.224-07:002013-03-19T11:45:27.224-07:00Thank you Dan for you relentless work here.
I al...Thank you Dan for you relentless work here. <br /><br />I always read your articles and they relief me from the disgust I encounter here in leftist Europe on a daily basis.<br /><br />It is so saddening, shameful and painful to see how quickly most Europeans have forgotten how the US have helped us back in and after ww2. *You* in the US had to pay extra taxes back then, in order to put the Marshall plan in effect, put Europe back on its legs. We should be thanking the people of the US into eternity.<br /><br />The worst part is, almost no one agrees on opinions like yours, here in Europe. But it's good to know the US still inhibits free and just souls, and therefore remains the shining city it has always been.<br /><br />May God continue to bless you with a good heart, and may the US continue lead and teach the world. We so very much need that. Freedom is in goods hands in the US.<br /><br />Thanks again Dan.vince1821https://www.blogger.com/profile/05697244963340308228noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-70103819369684085862013-03-19T10:08:51.114-07:002013-03-19T10:08:51.114-07:00Waiting for a Sinclair post showing a soldier in a...Waiting for a Sinclair post showing a soldier in a foxhole with ordinance exploding ll around...dirt flying on helmetes, loud screaming..."INCOMING"..COVAAAAAAA!!!!!!!!!!!!!!!1White Wolfhttps://www.blogger.com/profile/13965194184809848345noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-73380057665180963522013-03-19T09:03:09.950-07:002013-03-19T09:03:09.950-07:00Hot off the press. New Zealand is not going to &q...Hot off the press. New Zealand is not going to "tax" STEAL depositers money to cover failing banks. Hard to keep up with all this State takeover of private citizen money scams. If that is not Socialism, I no longer understand what State takeover of private assets implies. <br />Dan, you have indicated that the squeezing should begin in earnest at $1620. I have the popcorn all ready and am hoping to see some of those vertical green lines begin to sprout. It just seems when peoples money starts getting stolen that they would be ripping it out and finding some nice shiny places to hide it. Lets hope we see those "green shoots" soon!White Wolfhttps://www.blogger.com/profile/13965194184809848345noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-49324704358618456162013-03-19T03:06:06.566-07:002013-03-19T03:06:06.566-07:00Here is some reality ...
major political oppositi...Here is some reality ...<br /><br />major political opposition parties in the US have never existed. It has always been a dog and pony show designed to deceive the public. The globalists NWO/secret societies have controlled them from the get go. History is filled with gigantic lies.<br /><br />The same situation exists in all the other major countries. The European Union was formed without consenting vote by the people in Europe. The political structure of the European Union is like the Soviet Politburo.<br /><br />Elections are generally fraudulent. Elections have been fixed for eons. <br /><br />The "people" don't decide nothing important except which american idol contestant advances. The military/intelligence agencies operate, script and choreograph the political parties and events from behind the scenes.<br /><br />On 9/11/2001, the US government murdered thousands of american people via false flag operation on TV. <br /><br />Did you notice that there wasn't a peep of this treason from virtually any so called political parties anywhere in north america. Or the world although they did regurgitate the lies of 9/11. Wall Street kept silent also. Where were all those patriotic CEO and Presidents. Not a peep.<br /><br />Treason and violent sociopath behavior is the norm for the state. Treason is a way of life for the different major political parties who front for the rulers. <br /><br />Free economic markets have never truly existed in the 20th century and probably a rarity in history. In reality, there has never existed any true socialism or capitalism in the 20th century although there have been no shortage of people claiming the US is capitalism. The world has always been a mixed bag economic system. Ideology has always been a tool to dumb people down.<br /><br />In practical terms, Socialism and Capitalism are terms for the same system. The same ruling group extracts and minimizes the wealth and political power of the general population in both systems. They just dress their fronting stooges up in different costumes and language and use different methods to carry out the looting operations.<br /><br />The most accurate description for the economic system that has existed on this planet for eons has really been a large scale criminal operation. We could call it maybe Criminalism. It is not taught in any economic text books. It is not talked about in the media. Most of the wealth attained on this planet throughout history is acquired thru criminal operations or insider privileges usually with complicity of the state.<br /><br />priorishttps://www.blogger.com/profile/02163793831650790540noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-2851759686433716482013-03-18T21:23:20.738-07:002013-03-18T21:23:20.738-07:00OK Dan
I will continue to read your Market Views ...OK Dan<br /><br />I will continue to read your Market Views however I will refrain from commenting in the future as you have requested.Anonymoushttps://www.blogger.com/profile/12154179614489281653noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-61154553821270352242013-03-18T20:45:09.028-07:002013-03-18T20:45:09.028-07:00Philip;
Your response indicates that you do not un...Philip;<br />Your response indicates that you do not understand the term "compassion". Compassion or Christian Charity means taking my OWN MONEY and giving it directly to those whom I have compassion or pity upon and wish to help.<br /><br />Compassion does not mean, nor has it ever meant, until it was redefined by people on the left side of the political spectrum, having the government taking my money from me BY FORCE and then redistributing that money to those from whom they hope to buy votes in the future.<br /><br />You have a warped idea of compassion when it is under compulsion of the state. Please spare us your European values in the future.<br /><br />Also, the US was founded upon a Judeo/Christian ethic which in accordance with the Scriptures teaches us" "A man who will not work, will not eat".<br /><br />An ample social safety net exists in this country which continues to grow way beyond its original intent. It was meant to be a stop-gap or temporary measure to help those who needed a hand during a time of distress. It was never intended to become what it has become today - a permanent way of life where a group of people exist off the largess of the society as a whole only taking and never giving back. <br /><br />As "DH" stated so eloquently above - Your "rights" stop when they transgress my liberty. <br /><br />One last thing - the right to life, liberty and the pursuit of happiness (or property as it was in the original Jeffersonian draft prior to editing) does not mean the right to a certain QUALITY of Life. That is European gobblygook originating out of the French Revolution with its ruinous doctrine of liberty, equality and fraternity.<br /><br />The Founders believed in equality of opportunity; not of outcome.<br /><br />You are welcome to your statist model but it is not welcome on these pages. I have made that abundantly clear in the past. I despise everything about the statist model and its liberty devouring appetite.<br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-53340254718452128012013-03-18T20:31:18.007-07:002013-03-18T20:31:18.007-07:00I was thinking more on the lines of invading Vietn...I was thinking more on the lines of invading Vietnam in the 1960's and the cost to pay for that in terms of lives and the reduction in the value of the US dollar that has continued to this day.<br /><br />The US is the richest and most advanced country in the world. It boggles the mind that there is a segment of the population without compassion for the less fortunate in their society. Note that compassion is an action.<br /> Anonymoushttps://www.blogger.com/profile/12154179614489281653noreply@blogger.com