Blog Archives

KIA Slams the Participation Trophy Idiots with Best Commercial of 2015


by John Galt October 12, 2015 18:00 ET Hands down, this slams the PC morons, the perennial losers, and all the rest of the wimpy parents with my vote for best commercial of 2015:

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HURRICANE Joaquin: It’s a Fish, Buh, Bye!


by John Galt September 29, 2015 05:00 ET 10/03/15 16:00 ET: 17:00 ET – 09.29 – Let’s hope this new track verifies as it indicates it might turn into a fish… —————————————————————————————- Here we go again gang. Let’s hope this does not turn into a Sandy type of situation but this is the time of year for that type of storms and the intensity forecasting is very imprecise. At this point in time however, if the short term models are any indication, there is a…

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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…

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Another Darwin Award Nominee: Used a Lighter to Kill Spider on his Gas Tank


by John Galt September 28, 2015 16:50 ET The story speaks for itself. Video courtesy of Fox 2 in Detroit:   Better luck next time! For his efforts he only gets a Darwin Award Honorable Mention but he’s got time to win it all still in 2015.

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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.…

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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…

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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…

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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…

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So this is what it is Going to Look like when TSHTF and the Food is Gone


by John Galt September 24, 2015 21:30 ET From the Publix in Tampa, Florida just over a week ago. Ugh, only in Floriduh as this is what happens when the last fried chicken meal is fought over.

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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…

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Ted Nugent Unloads on the Media with the Tweet of the Day


by John Galt September 19, 2015 19:30 ET No comment is really necessary beyond this: In the mean time, here is one of my favorite Nugent classics from my generation to go along with this awesome Tweet:

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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…

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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…

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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:

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LIVE Video Feed of Donald Trump Rally in Dallas, TX

Donald Trump just lost the endorsement of his toupee

by John Galt September 14, 2015 19:00 ET Thank you Fox10 in Phoenix for your YouTube channel so we can watch this. The Donald is scheduled to speak around 7:30 pm ET.

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One Beck Flew over the Cuckoo’s Nest – Compares Trump Supporters to Obama Supporters!


by John Galt September 10, 2015 16:20 ET I just happened to be listening to the Glenn Beck program today due to the fact that sports radio was a tad bit boring and the markets were not going to crash today (as I predicted on my calendar) so why not see how the Tea Party Patriots’ rally against the Iranian agreement turned out yesterday according to Glenn Beck. Woah. And I mean just woah. This was not the man I met years ago nor a…

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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…

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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…

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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…

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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,…

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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…

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It’s the Most Wonderful Time of the Year Go Canes!


by John Galt September 3, 2015 19:30 ET   That’s right baby, football is back. And Go Bucs!

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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  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.…

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Two Charts for August that Wall Street Doesn’t want You to See


by John Galt August 31, 2015 20:45 ET Please do not panic as the charts in question are readily available to those who watch, listen, and learn. Technicians, hedge fund managers, and geeks like me are keenly aware of these particularly scary technical indicators. However, the average investor nor the average Main Street schmuck pays attention to these things as the foolishly and honestly believe that mutual fund managers, 401K financial managers, and stock brokers for the big companies give a crap about their paltry…

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The Real Reason Behind Obama Changing the name of Mount McKinley


by John Galt August 31, 2015 17:45 ET Today one of Breitbart’s rising stars, Ben Shapiro, penned a fantastic article where he almost grasped the real reason behind Obama’s renaming of Mount McKinley in Alaska: Obama Renames Mount McKinley ‘Denali’ <excerpted> On Sunday, President Obama’s administration announced that he would, by executive order, change the name of Mount McKinley to Mount Denali. He did not explain the decision, which frustrated Ohio legislators upset at the slap at President William McKinley’s legacy; he is expected to…

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Did the Fed Trigger Another Stock Market Crash on Monday August 31?


by John Galt August 30, 2015 19:00 ET As of this past Friday, August 28th, the Federal Reserve, the Plunger Protection Team (PPT for short), and the financial infomercial media had been screaming “Mission Accomplished” as they helped to goose the Monday and Tuesday disaster into a gain for the week. Unfortunately for the financial media and more of the cheerleaders, futures are down again as this article is being published: (courtesy of 15 minute delay): If anyone pays attention to the Jackson Hole,…

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China’s Communist Party Continues Hammering CITIC – 2 More Arrests for Short Selling


by John Galt August 27, 2015 21:30 ET The hunt for blame continues in China for the recent 40%+ crash of the stock markets and your Christmas decorations for 2016 might well be made by a former executive of the Chinese equivalent of Goldman Sachs. CITIC had two more executives arrested for “malicious short-selling” according to the South China Morning Post. If this were America and people were actually arrested for illegal short selling, aka, “naked” short selling, then we would have half the Federal…

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The Next Stock Market Crash will Occur On….


by John Galt August 26, 2015 20:30 ET The dates that I think are at the highest probabilities are as follows: RED: 80% or Higher YELLOW: 50-80% PURPLE: 30-50% BLUE: Less than 30% While many might say that this is another “Oh My God, another prediction” posting, my theory on this is based on previous bear markets which occur after violent bull markets conclude. This one will be no different, but here are the dates of interest to my readers. Friday September 11th: Besides the…

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Despite Today’s 619 Point Rally, It is not Good News for the Markets


by John Galt August 26, 2015 18:30 ET Ignore the hoopla. Ignore the CNBS specials where the used car salesman/stock brokers come out and tell everyone to start buying stocks again. Review the list below of the 10 largest point increases in DJIA history and note the common feature: 1 2008-10-13 9,387.61 +936.42 +11.08 2 2008-10-28 9,065.12 +889.35 +10.88 3 2015-08-26 16,285.51 +619.07 +3.95 4 2008-11-13 8,835.25 +552.59 +6.67 5 2000-03-16 10,630.60 +499.19 +4.93 6 2009-03-23 7,775.86 +497.48 +6.84 7 2008-11-21 8,046.42 +494.13 +6.54 8…

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08.26 Asia and U.S. Deathburger Marketwatch: Will the Carnage Continue?


by John Galt August 25, 2015 17:25 ET UPDATED 21:10 ET: And just as I praised the Kiwis, the NZ-50 goes negative. Who do they think they are? The Dow? Meanwhile in Australia, Japan, and South Korea things are starting to look as confused as US markets: Australia S&P/ASX 200: Japan’s Nikkei 225: South Korea KOSPI: UPDATED 18:30 ET: And for some strange reason, the Kiwis are drinking the Kool-Aid as the New Zealand NZ-50 is up on the open! They must be smoking all…

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08.25 1545 ET BREAKING NEWS: 400+ Point Dow Rally Wiped Out Stocks Negative


by John Galt August 25, 2015 15: 45 ET Kersplat. And it’s gone…. S&P 500 meet worser:  

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08.25 Marketwatch: World Economic Leaders say All is well, Remain Calm


by John Galt August 24, 2015 19:45 ET If you fail to obey this edict, our Emperor will stomp on you with his plastic golf spikes while wearing his mommy jeans AND beat you with his putter. UPDATED 09:45 ET: This will not look good on a resume. Or your portfolio. Or any Fed bankster’s portfolio. Wow, Shanghai opens down 6%+!!!! UPDATED 09:15 ET: Singapore’s STI opens all over the place: Shoddy Chinese-Made Stock Market Collapses NEWS IN BRIEF August 24, 2015 SHANGHAI—Proving to be…

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08.24 Think Today was Fun? Wait until August 25th…


by John Galt August 24, 2015 16:25 ET From this futures chart should tell you how much fun Tuesday could be:

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08.24 US & World Markets: Just Holy Flirkinschmidt $1 Trillion in Market Value Wiped out so far


by John Galt August 23, 2015 23:00 ET Think about this: $1 trillion, that’s $1,000,000,000,000.00 PLUS wiped out in just 6 hours of trading tonight. Without US markets being open. I haven’t seen a disaster like this since I was on a sailboat in October 2008 and the S&P 500 traded limit down. Just wow. The carnage is incredible. Hopefully some of you fools listened to the warnings over the years.

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08.24 Asian, Europe, US Deathburger Marketwatch: MOAD or a Grilled Cheese Sandwich?


by John Galt August 23, 2015 21:45 ET UPDATED 22:10 ET: Just because: Ouch. Meanwhile in Singapore, down another 2.5% to start the day: UPDATED 21:50 ET: It’s officially a bloodbath. Brent North Sea Crude has broken $45 per bbl for the first time since 2009: The Shanghai SSE is down over 5% on the open: Hong Kong Hang Seng Index down almost 4%: And I have not even gotten to the secondary markets yet like Thailand, Vietnam, etc. Monday could still well be Bloody…

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In Desperation Move, China Allows State Pension Fund to invest up to 30% into Stock Market


by John Galt August 23, 2015 17:45 ET The desperation of the Central Planners of the Communist Party in China (and on Wall Street) is beginning to shine through once again in 2008 fashion. Today, per the South China Morning Post, this bit of news spells out the panic in Beijing: The State Council said on Sunday that it will allow China’s pension fund to invest up to 30 per cent of its total 3.5 trillion yuan in net assets in equities and stocks, a…

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Is it time to Panic because the DJIA was down almost 6% Last Week?


by John Galt August 23, 2015 17:10 ET The world went into full hysteria mode last week trying to decipher the meaning of the Federal Reserve minutes on Wednesday, and selling off into the close on Friday with just under a 6% decline on the major indices for the week. Is this time to panic? CNBS doesn’t think so: In fact few if any financial programs I took the time to watch or listen to (so you don’t have to) mentioned the words panic, recession,…

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08.23 12:45 ET BREAKING NEWS: Huge Explosion at US Military Base in Kanagawa, Japan (Video)


by John Galt August 23, 2015 12:45 ET Video of the explosions which are obviously munitions detonating: Stay tuned as in the past left wing extremists were the primary suspects in the last attack. This time with the Koreas on edge, it might be something far worse. 13:05 ET UPDATE: Two Tweets just came through to make you think about this the rest of the day:

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08.23 Stock Market Sandstorm Continues in World Markets – Saudi Arabia down 7%


by John Galt August 23, 2015 10:00 ET The following market charts from Bloomberg this morning tell the tale of woe that this sell off didn’t stop on Wall Street this past Friday but indeed might be gaining momentum for another steep decline this evening in Asia with possible further follow through in US markets. Israel TA-25 Stock Exchange: Kuwait SE, which has already taken a beating this year: Oman which is less than 0.5% away from a bear market: Qatar: Both of the major…

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08.23 0900 ET: Hurricane Danny 0800 Advisory Posted (Updated)


by John Galt August 18, 2015 17:10 ET Here we go again. In this quiet El Nino depressed hurricane season, the first major threat to the Caribbean islands has appeared with Tropical Storm Danny which just formed in the Eastern Atlantic. Once again, here are the standard photos, model runs, and advisories which will update automatically as the websites associated with them. UPDATE AUGUST 18, 2015 20:00 ET: Man, I hope this 14 day GFS model does not verify. If so, it is going to…

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Gold/Silver/Dollar Charts


RT @WSJbreakingnews J.P. Morgan Chase's third-quarter revenue fell 6.4% to $23.54 billion.

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