September 2015

09.30 Update on Russian Attacks on Syrian Islamist Targets with Videos

by John Galt September 30, 2015 21:15 ET To say this was unforeseen is a lie. Back on September 10th, I warned about the upcoming conflict with the Russians and Syrian rebels/terrorist groups: Armageddon Approaches: Russian Troops Begin Combat Operations in Syria Today, one of my predictions came true (via the UK Telegraph today):  Russian generals are not regular visitors to the US Embassy in Baghdad. Once, this newly built complex near the Tigris was the de facto seat of power in Iraq – and a place where decisions affecting Syria…



Just Holy Shit, 2008 has Returned in Spades

by John Galt September 27, 2015 20:20 ET In some of my prior articles in the last 24 hours, I hinted as to how the Federal Reserve was clueless, the former leaders in the stock market were broken, and it was only a matter of time before the next major credit/liquidity crisis caused the US and Western stock markets and economies to go Tango Uniform (that’s ‘Tits Up’ for you virgins). Bloomberg breaks the story at 7 pm ET: It’s All `Perverted’ Now as U.S. Swap Spreads Tumble Below Zero Key…


How Russia and Iran Plan to Push Oil Prices Back above $100

by John Galt September 27, 2015 09:30 ET And in turn, Remove the United States as a Superpower in the Middle East On post super blood moon Monday, Vladimir Putin will be meeting with President Obama to discuss the ISIS crisis in the Middle East. There are many within the U.S. media who are promoting this meeting as some strange idea that the Russians are about to ask the Americans for help against ISIS. While there might be a small gnat’s hair bit of truth to this, in reality, Putin is…


Think the Fed has a Clue? Let’s Review 2008 and Think Again

by John Galt September 27, 2015 02:30 ET In the past week, Federal Reserve Chairwoman Janet Yellen endured a health scare which sent shudders throughout the financial world. Thankfully she later reported it was just dehydration and everything was fine, however her immediate health related issue should not be what terrifies investors; it should be the fact that the Federal Reserve has no clue as what is happening or what to do with the current economic situation. Let us review recent history, say way back in 2008 for a historical guide….


I See, Blood Moon Rising, I See Market Trouble Ahead

by John Galt September 27, 2015 00:40 ET I see, Blood Moon Rising, I see, market trouble ahead, I see bulls and piggies, ‘Bout to get killed and bled. Stay away from the SPY, 401ks gonna die, There’s a Blood Moon on the rise. I see Apple being shorted I know crash is coming soon. I fear CDS imploding, I hear Cramer cryin’ again. Stay away from the SPY, 401ks gonna die, There’s a Blood Moon on the rise. All right! Hope you got your gold and silver, Hope you got…



MegaDoom, Market Destruction and Death Crosses Everywhere

by John Galt September 22, 2015 20:30 ET So my calendar of death, doom, and destruction did not bear out thus far but despite popular opinion, we are now firmly entrenched in the start of a major bear market (more on that later this week). The key thing to note is at the end of last week a very negative technical indicator hit the markets that I follow which was enough for me to justify fishing and drinking beer yesterday at sea, which meant most fish were safe except the snapper…



The Federal Reserve Raises the Stakes in the Global Currency War

by John Galt September 17, 2015 20:30 ET Today’s Federal Reserve non-action was nothing more than another throwing down of the gauntlet to Japan and the European Central Bank: We will stay in this world currency conflict and outlast all of you to remain the last viable bankster standing. Why is this relevant? ZeroHedge touched on this tonight in an article he published titled “This Is What Yellen Said About Negative Rates Coming To The US” where someone within the Fed actually indicated a possible NIRP (Negative Interest Rate Policy) in…


September 16th CNN Republican Debate Drinking Game Rules

by John Galt September 16, 2015 16:00 ET When the future of Western Civilization might hinge on the next election, one should just start drinking. Tonight I advise and shall indulge with some Scotch and will post my running commentary via Twitter. As far as the rules for this session, I’ve decided to make them easier to post on Twitter by making them a .jpg: Enjoy at your own risk but the show should have some comedic value, it is doubtful anything meaningful beyond someone melts down afterwards will occur.  


The Only Picture of Jeb Bush You MUST See Before the Elections

by John Galt September 15, 2015 19:45 ET This is the only picture (from December 2014) you need to see to understand why I think Jeb Bush and Rupert Murdoch, the owner of Fox News, aka Newscorp, are two of the biggest assholes who claim to represent conservatives and the average small businessman in America: (h/t ConservativeTreehouse as I had forgotten about this photo until they published it again) Here’s my response with a photo for those three and the RNC plus Faux News:


Armageddon Approaches: Russian Troops Begin Combat Operations in Syria

by John Galt September 10, 2015 21:30 ET The story above is from September 7th, via CNN and tonight the news via Reuters has accelerated the crisis to an entire new level: Russian troops join combat in Syria – sources From the story above: Russian forces have begun participating in military operations in Syria in support of government troops, three Lebanese sources familiar with the political and military situation there said on Wednesday. The sources, speaking to Reuters on condition they not be identified, gave the most forthright account yet from…


09.10 DEATHBURGER MARKET WATCH: After an Ugly US Close, Asia Tries to Out-Ugly American Markets

by John Galt September 9, 2015 20:30 ET Here we go again. The US markets had what can only be called a key reversal day as the rally was about 200 points to the upside on the DJIA and suddenly Apple (AAPL) had their conference on their new products and iPooped on investors worldwide. After the conference began, markets sold off but in the last hour, they cratered to close 236 points lower. Just after 5:30 p.m. ET  the Reserve Bank of New Zealand cut their Official Cash Rate from 3.0%…


Is Saudi Arabia Begging US Banksters for an Economic Bailout?

by John Galt September 7, 2015 19:00 ET The first observation is the biggest lie of them all; that the crash in oil prices has not hurt the Saudi Arabian stock market and economy. The Tadawul All Shares Index (TASI) demonstrates this fact (chart courtesy of Bloomberg): Thus this could be one of the reasons for the peculiar headline from the Financial Times this evening: Saudi Arabia’s king meets top US executives in investment drive Usually it is the other way around; US executives beg the Saudis to invest part of…


09.04 US DEATHBREAKFAST SANDWICH MARKETWATCH: Funemployment Day Crash?

by John Galt September 4, 2015 05:30 ET Remember those early, joyous days of the Obama administration when there were no jobs to be had, no hiring for any positions be they dog groomer or engineer? Yes, the regime created that clever term courtesy of their allies in the mainstream propaganda media, this particular story via the Los Angles Times on June 4, 2009: For the ‘funemployed,’ unemployment is welcome <excerpted>  While millions of Americans struggle to find work as they face foreclosures and bankruptcy, others have found a silver lining…


Today, the NSM went on Vacation at Noon and Allowed Stocks to Crater

by John Galt September 3, 2015 22:45 ET The NSM (Nuclear Spaghetti Monkey) aka, the PPT took the day off after noon today and the results were disastrous. Well, not for the monkey, he was having fun. Meanwhile for the traders, all hell broke loose after a huge rally in the Dow, S&P 500, and Nasdaq and despite the low pre-holiday volume, there was a distinct rolling over of sentiment, again, in the indices. For example, despite a ‘positive’ finish, look at the nightmare which was the S&P 500 cash today:…



After a Minor Drop Today, Markets are Pointing to a Nuclear Spaghetti Monkey Rally on 9/2

by John Galt September 1, 2015 20:15 ET Have no fear, the nuked up spaghetti monkey is here. Meaning that the Fed’s pump monkeys along with the ChiComs, Japanese, South Koreans, and other fools will pump this sucker up with bullcrap like the picture above: (charts courtesy of FinViz.com)  S&P 500 the same path sort of: Meanwhile in WTI Crude Oil land: Man, that’s ugly. Should anything major occur I’ll start up a new thread but for tonight, I would like to get some sleep. Thus, ignore reality and focus on…


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