Saturday, December 31, 2011

Weekend Open Thread...

Friday, December 30, 2011

The Many not the Few Edition - Another Year that Debt Slaves Fail to Shed their Shackles…

Good Morning,

On this last trading day of the year in our completely corrupt, manipulated, and lawless “markets,” equities are lower, the dollar is lower, bonds are higher, oil is lower, gold & silver are higher, while food commodities continue to choke real people all because of worthless paper made to benefit the few.

Although it has been another year of intervention with trillions spewed globally, U.S. equity markets for the year are in fact almost exactly flat. Below is a 1 year chart of the S&P 500, you can see that we are ending the year almost exactly where it began:

Despite that fact and a huge correction, gold still finished the year up approximately $240 an ounce, or about 17.5% (the horizontal red line below indicates year beginning level). In the gold daily chart below you can see that we reached the secondary uptrend line yesterday and bounced:

That line may offer support, or in the event of further correction may fall to the next line of support which is in the $1,100ish area as you can see on the monthly chart below. Personally, I doubt it, and think this market is also extremely manipulated but far more desirable as long as the world is run by central debt pushers:

Strong support for silver will be found in the $24 to $25 region, Silver Weekly chart, note that silver is down for the year:

How much debt are the central criminals pushing (U.S. Constitution, Article 1, Section 8)? Trillions upon Trillions, most of it off balance sheet and off the radar of reported statistics – certainly not audited if real records even exist, but here’s what we can see on the surface…

In the past year our Base Money supply has risen from under $2 trillion to almost $2.6 trillion! That one year increase is MORE than 31%! In just one year!

Base Money 1 Year:

Can it grow at that same rate again next year? What will happen to you, personally, if it does?

M1 1 Year:

M2 1 Year:

MZM 1 Year:

Federal Government Debt 1 Year:

Federal Government Debt Divided by Population:

And that’s just the Federal debt on the records. Then there’s the trillions at Freddie and Fannie, trillions more off books elsewhere, trillions swapped by our central criminals around the world, and many trillions more in obligations not accounted for like any rational accounting standard demands.

While dramatically understated, all the figures above are still growing at huge exponential rates. Because our money is debt, it must continue to grow at the same or higher rate OR ELSE another wave of deflation will quickly set in. Waves of inflation, waves of deflation as they MANIPULATE the population in order to remain in power!

Money production = POWER & CONTROL.


A few individuals possess the power, the rest of the world are slaves. This is easily corrected if money is created without debt.


SOVEREIGN MONEY = FREEDOM, no slavery required.



What will next year bring? Bigger numbers. Bigger lies. Bigger manipulations and interventions. Bigger & more frequent “other events.”

Eventually, and I don’t know when, the other events will culminate in a global shift of power. Those who hold the power will attempt to blind you with the other events and use them to mask the shifting into some other form of convoluted money system that they still control – be it gold or some other debt money scheme. It could be real ugly. Then again maybe enough people wise up to keep the ugliness down as there DOES NOT HAVE TO BE PAIN foisted upon the people!

WHAT is behind the money DOESN’T MATTER. What does matter is WHO. Who it is that controls the production of money is EVERYTHING – it’s the power & control. And eventually… sooner or later… the PEOPLE will repossess their natural right to be in control of themselves. That’s where this is all headed, I don’t know how, and I don’t know when. Only a fool would guess, only a fool would listen to someone else pretending to know. I’ve been a fool before, but am wise enough now to know…

I, Nathan Martin, no longer consent to the lies.

This is the Economic Edge song of the year. Not only is it on the mark, but his bravery for standing up and singing it face to face with the purveyors of debt, those in control, is historically brave.

Thursday, December 29, 2011

Morning Update/ Market Thread 12/29 - Italian Eye Roll Edition...

Good Morning,

Equity futures are close to even this morning with the dollar slightly higher, bonds flat, oil flat, gold & silver are lower, and food commodities are mixed with corn up for the tenth day in a row.

The complicit media sure is talking a lot about the Italian debt auction as if by some miracle a debt saturated country is going to sell $400 billion in bonds to… Hello, what a joke. Those bonds are going to the central banks who are simply making money from nothing to buy them. LOL, they are even taking money from Italy then leveraging (making money from nothing) to buy more debt from Italy that the people are then responsible to pay. Why would any sane and rational individual care about the activities of the narcissists at this point? They should be run out of town at the end of a hot poker. Enron, Madoff, and Ponzi are pikers compared to the central criminals. Not real, none of it.

There’s a lot of data out today but most of it comes out later so will be reported inside of today’s Daily Thread.

Weekly Jobless Claims came out substantially higher than expected at 381,000. Here’s Econoexcuse:
Estimates were needed in the December 24 week for a large number of states, seven states which isn't unusual for a holiday week but nevertheless still cloud a large 15,000 rise in initial claims to 381,000 (prior week revised 2,000 higher). The four-week average for this series grows in importance during the holidays and, despite the rise in the latest week, shows a sizable decline of 5,750 to a 375,000 level that's the best of the recovery. This is the fourth straight decline for the four-week average and the eighth decline in the last nine weeks.

Continuing claims in data for the December 17 week rose 34,000 to 3.601 million, still the four-week average is down 39,000 to 3.599 million in what is another recovery best. The unemployment rate for insured workers rose one tenth from the prior week's recovery low to 2.9 percent.

The steady downtrend in the four-week average for initial claims is tangible evidence of improvement in the labor market. Markets are showing no significant reaction to today's results.

Excuses, excuses, excuses… but still not even close to the break even mark of 350k. Unadjusted claims rose by very large numbers.

Chicago PMI, Pending Home Sales, Kansas City “Fed” Manufacturing Index, and an assortment of other indicators are released throughout the morning.

I, Nathan Martin, no longer consent to the lies.

Wednesday, December 28, 2011

Morning Update/ Market Thread 12/28 - It’s the Debt, Stupid!

Good Morning,

Equities are lower this morning with the dollar rising, oil lower than yesterday’s high but still over $100, gold & silver considerably lower, and unfortunately for the world food prices are significantly higher at the same time.

Yes, it’s the DEBT, stupid, for anyone left on the planet that still doesn’t get it! Deficits DO matter! It’s a viscous circle because our money is debt. Those who produce it profit, while those who service it become slaves to it. That’s the problem, and it doesn’t have to be that way!

Money can come into existence without owing debt to any individuals! And before you shout INFLATION, yes, it is completely possible to do so without creating inflation, but it requires legitimate checks and balances.

Now we have Obama wanting another $1.2 Trillion to the debt ceiling! Yes, it matters! The more debt an economy carries, the more of that economy’s productivity goes into carrying that debt! Eventually debt saturation is reached and then unemployment begins to rise dramatically as income must service debt instead of being used as a tool of production.

Below is a chart showing our advertised Current Account Deficit – this deficit is only a FRACTION of our real debts, as we carry massive debts off balance sheet as well as massive obligations that are multiples of the advertised debt:

Below is our Current Account Deficit divided by the nation’s population – with the additional $1.2 Trillion we will be pushing $50,000 of advertised national debt for every man, woman, and child. Keep in mind that per working adult, this figure is more than double that:

Deficit Divided by Population:

Note in both those charts above the exponential math that creates the parabolic rise. Also note that Obama’s $1.2 Trillion continues the trajectory nearly straight up. Straight up is most definitely not sustainable – this WILL come to an end. The end will not be pretty, historic events will be occurring as it does.

And this debt is just the Federal Government debt! Then you must consider that the same population is also responsible to maintain all the debt in state governments, in local governments, in corporations, AND they must service their own personal debts! Impossible math just is.

And it is NOT possible to pay down the debt, because as you do you shrink the supply of money. And it is NOT possible to "inflate away debt" with money creation because our money is debt! Adding money adds debt, just look at the above charts! So, anyone who tells you that it's possible to inflate away our debt simply doesn't understand our money system (control you and profit from you system) or how we became debt saturated in the first place.

Oh yes, it is completely possible to escape this situation WITHOUT PAIN. But you first must acknowledge the underlying truths. Once you do, then we can set about making the purveyors of debt eat their own pain while freeing the rest of the planet from their shackles.

Equity prices rose right to resistance and now are fading. Coincident with that are headlines about Iran’s Vice President making threats to close the Straight of Hormuz. Other events are percolating, major league historic ones will be needed to mask the new money transition that is coming. If those who profit from the creation of money wish to hold onto that power, then they need to justify those other events which will culminate in new money systems that they also control, rinse and repeat, rinse and repeat, they control the world forever.

Meanwhile, a University of Michigan study found that the wealth of members of Congress has TRIPLED in the past 25 years - while the average U.S. family has suffered a DROP in their net worth. During that time, the Median net worth of members of Congress rose from $280,000 to $725,000, while over that same 25 years the wealth of the average U.S. family slipped to $20,500 from $20,600.

This dramatically shows that the closer one is to the production of debt money, the more they profit. In this case politicians profit from both insider information in corrupt markets, and also from direct contributions from the purveyors of debt - today called campaign contributions, i.e. laundered bribes.

If you wish to break the psychotic cycle of narcissistic control, then we must deny individuals the ability to make money from nothing. The people, collectively, must be in control of money production with its primary production not benefiting any individuals within society.

No major economic reports today, a bunch more lies to dispel tomorrow.

I, Nathan Martin, no longer consent to the lies.

Tuesday, December 27, 2011

Morning Update/ Market Thread 12/27 - Ruby Tuesday Edition...

Good Morning,

Equities are close to even this morning as prices are sitting right on overhead resistance. Pushing prices higher through the holidays is a given for those manipulating the false fluff, especially with some international markets still closed. The dollar and bonds are higher, however, while oil tries to break the $100 mark, gold & silver are down slightly, and food commodities are mixed with leftover indigestion.

Home prices continue to decline at a faster pace than the supposed experts think. The Case-Shiller report for October says that the 20 city price index declined a seasonally adjusted .6% for the month, 1.2% not adjusted, and 3.4% for the year. Personally, my home’s assessment declined approximately 10% over that time period, so once again believing these figures is difficult. Here’s Econoplicit:
Indications on home prices are for the most part trending downwards with Case-Shiller the latest to show contraction, at an adjusted 0.6 percent in October following a revised 0.7 percent decline in September and a 0.4 percent decline in August. For the unadjusted data, which in this series is closely watched, contraction steepened from a revised 0.7 percent in September to 1.2 percent in October. The deeper monthly contraction here likely reflects, at least in part, the dampening effects on demand from colder weather. The year-on-year comparison, where seasonality plays much less of a factor than the month-on-month comparison, both the adjusted and unadjusted series show 3.4 percent contraction which in a mild positive is a little less severe than prior months.

But the year-on-year rate won't be improving much if monthly contraction continues to extend. A look at individual cities shows a break down in Atlanta where monthly rates of adjusted decline have been 4.1 percent, 4.8 percent and 2.9 percent the last three reports. At a year-on-year minus 11.7 percent, Atlanta is the only one of the report's 20 cities to show double-digit contraction. Other weak spots include Minneapolis, Los Angeles, and Chicago as well as Las Vegas and Miami.

Home sales have been firming and reports of life in the housing and construction-related sectors are picking up. But the gains are being made at the expense of price. Next data out of the housing sector will be mortgage applications tomorrow morning.

Spin, spin, spin/ positive bias.

Below is a chart of the 20 city price index since the year 2000. I no longer believe this chart and the Case-Shiller report are accurate, I don’t believe prices declined and then stabilized, I believe they have continued to decline:

Below is the entire Case-Shiller report, now corrupted as S&P owns it:

Case-Shiller October 2011

The Richmond Fed Manufacturing Index was just released and came in worse than expected at a level of 3 when 5 was the expectation. It is up, however, from the prior zero reported. Again, this is “Fed” data, indexed from surveys by managers who measure in dollars. Dallas “Fed” Index comes out in a few minutes and will be reported inside of today’s Daily Thread.

And this just reported by the Puget Sound Business Journal;
"Sears Holding Co. .. said it will close between 100 and 120 Sears and Kmart full-line stores, citing a "difficult economic environment, especially for big-ticket items."

The Chicago Tribune reports Illinois-based Sears reported terrible holiday sales. In a statement, Sears officials said closing the stores will generate $140 to $170 million of cash, and they added the final list of stores to be closed hasn't been determined.

And evidently the con is working slightly as Consumer Confidence rose from guttural level of 56, all the way to the still depression read of 64.5. That is above expectations of 59, must be time to break that overhead resistance and get on with the business of reelecting the Usurper-in-Chief.

I, Nathan Martin, no longer consent to the lies.