Somewhere Over the Rainbow
Maybe Time to choose sides carefully…
Rich Cash
I have always thought that if in 1929 we had all continuously repeated Two and two still make four, much of the evil might have been averted.
Bernard Baruch, Presidential park bench advisor
http://www.youtube.com/watch?v=0ltAGuuru7Q 3:39

13 million people can’t be wrong, or can they?
Iz we talking Bull or Bears [...]

We first used the inglorious French Phrase Force Majeure last March.
We looked ahead of then dismal economic stats.
We saw the liquidity created by trillions of Fed Treasury monetary stimulus borrowing programs and government fiscal legislative acts mortgaging the future.
For a year we excused unfunded Agency mandates totaling some $104 Trillion and another $204 Trillion of [...]

Recent strong earthquakes in Haiti, Chile and Turkey reminded us famed trader Jesse Lauriston Livermore shorted 5000 shares of Union Pacific on Tuesday 17 April 1906 in his hey day.
That was the day before the famous 5:12 AM San Francisco 8 magnitude 42 second Earthquake.
3000 people lost their lives. 300,000 people were homeless, camping out [...]

One of the best trackers in the world is Tom Brown Jr.
He wrote book with his passion and talent and runs a Tracker school.

http://www.trackerschool.com/

Good trackers learn to pay attention to context, landscape, tracks and spoor.

Spoor may include tracks, scat, feathers, kills, scratching posts, trails, drag marks, sounds, scents, marking [...]

Now that deflating markets have our attention, what may be next?
Right on the heels of contrary opinion sangfroid fading the headline extremes, we note some economic situations and market trends that may be unlikely to go away anytime soon.
First is US bank lending falling at the fastest rate in history.
The money multiplier is at a [...]

We had a friend at Merrill who kept long-term market charts.
They were pretty effective at showing market highs and lows, an X Ray of market trends of supply and demand.
Supply (net selling) drives prices lower while Demand (net buying) drives prices higher. So simple it is easy to forget as we get caught up. Recently [...]

This steroid stock market recently broke a major uptrend line in force since the March 2009 bottom.

Big news today: News perhaps only to be reported by government monopoly media in passing. As this is written, earnest Senate Debate on confirming a widely expected Ben Bernanke Federal Reserve Board of Governors Chair reappointment [...]

Today was the time that tried men’s souls in DC.

http://oversight.house.gov/index.php?option=com_content&task=view&id=4756&Itemid=2

Members of the House Government Oversight and Reform Committee Members knew full well since the Mass Brown Kennedy Senate Seat shot heard round the world, their electoral survival hinges on doing their job supervising the Fed and Treasury on behalf of the little [...]

We have a lot of respect for Warren Buffett, perhaps the most successful investor of all time, exemplified by his Berkshire Hathaway Holding Company. And today the bullish rumour is BRK may be added to the S&P500 as a bellwether for the economy.

Mr Market seems curiously quiet along the Eastern Front, while big private money unloads in the dark in the park with market volatility at 16 month lows.

A deep public desire to get back into gold and eschew the dollar as quickly as possible ignores the big picture of deflation with a +6.9% Nov Energy [...]