Yesterday, I sold my position in a Russell 2000 ultra short fund. I was tired of getting my ass kicked when it suddenly dawned on me that we have not experienced the great "blow off top" that marks the end of bull markets- manufactured or genuine.
So I GTFO. Thank God. I watched today as the DOW set a new record. Aren't you overjoyed?
I would like you to consider a couple of things that are going on concurrently. I can offer references if you need validation.
Each year, our government spends 1.2 trillion dollars a year that it doesn't have. They call this deficit spending. In addition, the FED is buying 85 billion dollars per month both in mortgages and treasuries. When we add the 1.2 trillion of debt we add each year with the 1.1 trillion of funny money that the FED uses to print and buy mortgages and treasuries...
Our government is adding 2.3 trillion dollars per year in spending and debt- money that does not exist. Money that flows into fraudulent GDP figures as all of that government spending cooks the books. Think about the 2700 armored vehicles that Homeland Security just bought. Or drones. ( I selected this link specifically because I believe the author is practicing some apprehension, disbelief, or cognitive dissonance which seems appropriate for this piece) http://www.americanthinker.com/blog/2013/03/what_does_dhs_need_with_2700_armored_vehicles.html
All of that make believe money has to go somewhere. Right now, the only game in town is the stock market. The FED and it's member sycophants have ruined every other asset class as bankers, hedge funds, retirement fund managers and anyone else who relies on returns and yield are getting funneled into the investment of last resort. Ben Bernanke's POMO fueled, inflated stock market which is getting very close to completely bursting.
It's blow off top time. After that, the mother of all bear markets and staggering inflation. People, millions of them, are going to be financially ruined. And they are going to be PISSED. How do I know that?
Because that is the history of money printing. Always. Wealth is destroyed- and the people with tangible assets, real money like gold, art, and farmland- make it. Everyone else gets cooked.
But don't take my word for it.
“THERE IS NO MEANS OF AVOIDING THE FINAL COLLAPSE OF A BOOM BROUGHT ABOUT BYCREDIT EXPANSION. THE ALTERNATIVE IS ONLY WHETHER THE CRISIS SHOULD COME SOONER AS THE RESULT OF A VOLUNTARY ABANDONMENT OF FURTHER CREDIT EXPANSION OR LATER AS A FINAL AND TOTAL CATASTROPHE OF THE CURRENCY SYSTEM INVOLVED.”
Ludwig von Mises – Austrian Economist (1881- 1973)
Don't think that the government doesn't see this coming. That's why we are seeing 1.6 billion rounds of ammunition being purchased by DHS, drones used domestically, and 2700 armed Homeland Security tanks. They ain't doing that to defend against invading forces- they are doing that to protect themselves from you.
If they can grab your guns first- that's even better.
Here's the best part. The vast majority of people practice cognitive dissonance. I am convinced that they do. They think there is no way that our government could be planning for events like that. That's how sheep think. Those wolves won't eat us. They like us. That's how government is assembling and amassing right before your very eyes- additional IRS agents, ammunition, domestic drones and tanks, a domestic fighting force. They are preparing. They know what is coming.
If you don't think government will shoot you, pls. read this. http://www.propublica.org/nola/story/nopd-order-to-shoot-looters-hurricane-katrina
So do I. I have never been this nervous in my life. I do not practice cognitive dissonance which is to say, I rely on what people do- I don't believe anything that they say. Right now my government is amassing a domestic fighting force while our President has just signed a bill giving him lifetime Secret Service protection. What are they saying? That all of this is simply precautionary and for our benefit...
That is patent bullshit.
Now you get to believe what you want to believe. You can discount everything that your lying eyes are showing you (tangible evidence) and you can believe your government's statements instead. (heresay)
Let me tell you a little secret. When four armed men with masks on rush your home they are not there to deliver flowers. Even if they say so and even if you desperately want to believe it.
Ever hear the leftists, the great statists, call other people conspiracy theorists? They do this because they practice cognitive dissonance. They simply can't believe that the Frankenstein Government that they have created and have been supporting so long- would turn on them. So instead, they call you a nutjob, a tinfoil hatter.
I suppose that's exactly how it was in Germany about 1937. The world ignored a lot of shit- practiced a lot of cognitive dissonance while Hitler amassed a gigantic army. That's what sheep do, that's what they are. They are self deluded- they lie to themselves. They rely on hope. They can't believe their lying eyes even as the wolves are about to slaughter them.
I think it's time for us to consider the very real likelihood, that shit is about to get really bad. They have drawn the roadmap for you- all you have to do is look at the fucking thing.
I shall leave you with a definition of one of the four types of cognitive dissonance. I think it's the one that is most appropriate here.
Belief disconfirmation paradigm
Dissonance is aroused when people are confronted with information that is inconsistent with their beliefs. If the dissonance is not reduced by changing one's belief, the dissonance can result in restoring consonance through misperception, rejection or refutation of the information, seeking support from others who share the beliefs, and attempting to persuade others.