Monday, April 30, 2012
Sunday, April 29, 2012
The Pain In Spain Suggests More Rain and Less Sunshine
Here is the chart of US unemployment rate going into the Great Depression: it maxed out at 21% – 22% (early to mid 30s).
This is Spain’s unemployment rate now: 24.4%.
http://pragcap.com/spanish-unemployment-worse-than-the-great-depression
Friday, April 27, 2012
Twilight Zone!
Have a history teacher explain this if they can.
Abraham Lincoln was elected to Congress in
1846.
John F. Kennedy was elected to Congress in
1946.
Abraham Lincoln was elected President in 1860.
John F. Kennedy was elected President in 1960.
Both were particularly concerned with civil
rights.
Both wives lost a child while living in the White
House.
Both Presidents were shot on a Friday.
Both Presidents were shot in the head.
Now it gets really weird.
Lincoln's secretary was named Kennedy.
Kennedy's Secretary was named Lincoln.
Both were assassinated by Southerners.
Both were succeeded by Southerners named
Johnson.
Andrew Johnson, who succeeded Lincoln, was
born in 1808.
Lyndon Johnson, who succeeded Kennedy, was
born in 1908.
John Wilkes Booth, who assassinated Lincoln,
was born in 1839.
Lee Harvey Oswald, who assassinated Kennedy,
was born in 1939.
Both assassins were known by their three names.
Both names are composed of fifteen letters.
Now hang on to your seat.
Lincoln was shot at the theater named "Ford."
Kennedy was shot in a car called "Lincoln" made
by "Ford."
Booth and Oswald were assassinated before
their trials.
And here's the "kicker":
A week before Lincoln was shot, he was in
Monroe, Maryland.
A week before Kennedy was shot, he was with
Marilyn Monroe.
AND...................:
Lincoln was shot in a theater and the assassin
ran to a warehouse...
Kennedy was shot from a warehouse and the
assassin ran to a theater...
Abraham Lincoln was elected to Congress in
1846.
John F. Kennedy was elected to Congress in
1946.
Abraham Lincoln was elected President in 1860.
John F. Kennedy was elected President in 1960.
Both were particularly concerned with civil
rights.
Both wives lost a child while living in the White
House.
Both Presidents were shot on a Friday.
Both Presidents were shot in the head.
Now it gets really weird.
Lincoln's secretary was named Kennedy.
Kennedy's Secretary was named Lincoln.
Both were assassinated by Southerners.
Both were succeeded by Southerners named
Johnson.
Andrew Johnson, who succeeded Lincoln, was
born in 1808.
Lyndon Johnson, who succeeded Kennedy, was
born in 1908.
John Wilkes Booth, who assassinated Lincoln,
was born in 1839.
Lee Harvey Oswald, who assassinated Kennedy,
was born in 1939.
Both assassins were known by their three names.
Both names are composed of fifteen letters.
Now hang on to your seat.
Lincoln was shot at the theater named "Ford."
Kennedy was shot in a car called "Lincoln" made
by "Ford."
Booth and Oswald were assassinated before
their trials.
And here's the "kicker":
A week before Lincoln was shot, he was in
Monroe, Maryland.
A week before Kennedy was shot, he was with
Marilyn Monroe.
AND...................:
Lincoln was shot in a theater and the assassin
ran to a warehouse...
Kennedy was shot from a warehouse and the
assassin ran to a theater...
Thursday, April 26, 2012
Help A Blogger Become A Millionaire
My Dear Friends,
I am tired of losing money trading, I am tired of working and I am tired of owning my own business....I feel like it's my turn to enjoy the fruits of the labor I did not work hard enough for or put the effort into it. I am taking money peddling to my blog and off the dead beat streets of Dallas, TX. I would appreciate if you would dontate your hard earned dollar to a worthless cause like myself!
God Bless All You Atheists
Lotion Boy
Wednesday, April 25, 2012
Think It Would Be A Good Time To Roll Out This List As I Fear The World As We Know Is In Its Final Chapter
A big part of travel is that feeling you get when experiencing something completely new, something you haven't seen or done before. Many travel destinations offer an amenity or two that other places don't - but there are only a few locations in the world that offer a truly unique experience. Here are some places that could be a reference for your vacation.
1. Avenue of the Baobabs - Madagascar
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| Walking the Avenue of the Baobabs photo source |
The Avenue of the Baobabs is a prominent group of baobab trees lining the dirt road between Morondava and Belon'i Tsiribihina in the Menabe region in western Madagascar. Its striking landscape draws travelers from around the world, making it one of the most visited locations in the region. It has been a center of local conservation efforts, and was granted temporary protected status in July 2007 by the Ministry of Environment, Water and Forests, the first step toward making it Madagascar's first natural monument.
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| photo source |
Along the Avenue are about a dozen trees about 30 m (98 ft) in height, of the speciesAdansonia grandidieri, endemic to Madagascar. Baobab trees, up to 800 years old, are a legacy of the dense tropical forests that once thrived on Madagascar. The trees did not originally tower in isolation over the sere landscape of scrub but stood in dense forest. Over the years, as the country's population grew, the forests were cleared for agriculture, leaving only the baobab trees, which the locals preserved as much in respect as for their value as afood source and building material. Google map.
2. Glow Worm Caves - New Zealand
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| photo source |
Waitomo, New Zealand is famous for one thing. Every year, heaps upon heaps of travelers come here to see the infamous glow worms that line the ceilings of the nearby caves. The glow worms emit a phosphorescent glow that shines from the roofs of the caves like a starry night.
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The interesting thing about the glow worms is that they aren’t really glow worms. They’re fly larvae. And what glows? Well, that’s their waste and snot. The larva glow to attract prey into its threads by making the prey believe they are outdoors as the roof of a cave looks much like a starry night. Hungry larva glow brighter than ones that have just eaten. There are a couple of ways to see the glow worms. There’s the three hour black water tubing trip, the five hour trip that includes abseiling and climbing, or, if you like it easy, a boat.Google map.
3. The Great Dune of Pyla - France
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| photo source |
At 60 km (37 mi) from Bordeaux, in the South of the Arcachon Bay, it is possible to visit thehighest dune in Europe, the Great Dune of Pyla (or Pilat). This dune reaches a height of107m. At this summit, the view is spectacular with the ocean coast, the inlet of the Bay, the large pine forest and, when the sky is very clear, the Pyrenees Range.
This Great Dune is constituted of fine sand which the siliceous grains have about the same size. The Great Dune of Pyla is famous for the paragliding activities. Google map.
4. Ice Hotel - Sweden
Although there are ice hotels in Finland, Québec, Canada, Norway and Romania, the hotel at Jukkasjärvi, Sweden is the oldest and most famous of these frozen inns. Located 200 km (124 mi) north of the Arctic Circle in a little village in Lapland, this hotel is world famous for its dramatic scenery, and its yearly rebirth, like an icy phoenix.
The hotel is run during the winter months, and after the summer meltdown needs to be rebuilt. The experience of staying in one of the world’s ice hotels is truly a unique travel experience for patrons. Google map.
5. "The Polar Bear Capital of the World" - Canada
Churchill is a town on the shore of Hudson Bay in Manitoba, Canada. It is most famous for having the largest population of polar bears that is south of the Arctic Circle. They move toward the shore from inland in the autumn, leading to the town's nickname "Polar Bear Capital of the World" that has helped its growing tourism industry. Tourists can safely view polar bears from specially modified buses known as tundra buggies. Use of the buggies helps sustain local tourism, but can also cause damage to the local ecosystem when driven outside the established trails. October and early November are the most feasible times to see polar bears, thousands of which wait on the vast peninsula until the water freezes on Hudson Bay so that they can return to hunt their primary food source, ringed seals. Google map.
6. Antarctica
Ice. Snow. Water. Penguins. The allure of Antarctica. This cold, southernmost continent is anincreasingly popular tourist destination. Its vast landscape of ice and snow, as well as its wildlife population, attract nature-loving vacationers and some tourists who enjoy activities like kayaking or cross-country skiing. Others simply float through the area onboard a cruise. Whatever the reason people come to Antarctica, they're coming.
Tourism in the Antarctic is mainly by ship, around 20 vessels carrying 45 to 280 passengerseach. The ships are ice strengthened and sail primarily to the Antarctic Peninsula region sometimes also including South Georgia and the Falkland Islands. There have been occasional voyages to Antarctica by larger passenger vessels (up to 960 tourists), some of which conduct sightseeing cruises only without landings. Yacht travel is also popular, and gives a smaller scale more intimate contact, though often without the luxuries and facilities of the larger Antarctica cruise ship.
7. Sky Walk - Costa Rica
The Sky Walk is a well-thought-out combination of suspension bridges and walking trails through the Monteverde rainforest. These bridges span canyons and drainages, and bring visitors face to face with the upper level of the forest canopy.
There are six bridges in total, the longest of which spans some 984 ft (300 m). The trails extend for slightly over a mile and a half (2.5 km), making this tour extremely feasible for anyone in moderate shape. The climb is not strenuous or muddy, as the trails are well-maintained and generally very flat. Local guides accompany each tour and help visitors learn about native plant and animal species. Because there is a 12 person maximum capacity per bridge, reservations are recommended, especially in July and August and from December till May. Google map.
8. Blue Lagoon - Iceland
The Blue Lagoon in Iceland is something which travelers should not miss. It also called “The Land of Fire and Ice“, because you are swimming in mud waters while there is snowing outside.
The Blue Lagoon, geothermal spa, is one of the most visited attractions in Iceland. The steamy waters are part of a lava formation. The warm waters are rich in minerals like silica and sulphur and bathing in the Blue Lagoon is reputed to help some people suffering from skin diseases such as psoriasis. The water temperature in the bathing and swimming area of the lagoon averages 37–39 °C (98–102 °F).
The spa is located in a lava field in GrindavÃk on the Reykjanes Peninsula, southwestern Iceland. Blue Lagoon is situated approximately 13 km (8 miles) from the KeflavÃk International Airport and 39 km (24 miles) from the capital city of ReykjavÃk. That is roughly a 20 minute drive from the airport and a 40 minute drive from ReykjavÃk. Google map.
9. Bioluminescent Mosquito Bay - Puerto Rico
Mosquito Bay, also known as the Bioluminescent Bay, on the south coast of Vieques is undoubtedly the healthiest and best example of a bioluminescent bay in the world. With the slightest agitation of the water tiny bioluminescent creatures emit an electric bluish white light. Fish swimming in the bay leave a bioluminescent trail as do boats, raindrops and people swimming. This phenomenon of bioluminescence is so intense, so awe-inspiringly beautiful and so dependable that Mosquito Bay in Vieques, also called the Bioluminescent Bay or the Bio Bay, could easily be called the eighth wonder of the world. Google map.
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| photo source |
4. Ice Hotel - Sweden
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| photo source |
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| The bar in the Ice Hotel photo source |
5. "The Polar Bear Capital of the World" - Canada
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| photo source |
6. Antarctica
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| photo source |
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| Antarctica Kayaking photo source |
7. Sky Walk - Costa Rica
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| photo source |
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| photo source |
8. Blue Lagoon - Iceland
The Blue Lagoon, geothermal spa, is one of the most visited attractions in Iceland. The steamy waters are part of a lava formation. The warm waters are rich in minerals like silica and sulphur and bathing in the Blue Lagoon is reputed to help some people suffering from skin diseases such as psoriasis. The water temperature in the bathing and swimming area of the lagoon averages 37–39 °C (98–102 °F).
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| photo source |
9. Bioluminescent Mosquito Bay - Puerto Rico
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| Bioluminescent dinoflagellates glow a beautiful blue behind the motors of electric pontoon boat in Mosquito Bay, Vieques, Puerto Rico. photo source |
Tuesday, April 24, 2012
Monday, April 23, 2012
Mucho Importante!
The implications of China paying for Iranian oil in gold is the most important event in the modern history of gold
1. It is reasonable to assume that China has been threatened with total or at least selective exclusion from the SWIFT system if it pays in any currency for Iranian oil.
2. Gold has been decided by China as the means of making payment for massive international purchases free of the SWIFT system.
3. Other Asian and Middle Eastern nations will now see the gold they hold as money free of Western economic interference.
4. Gold now is not only money free of liability, but also free from interference regarding settlement by the long arm of Western influence.
5. The SWIFT system is becoming ever more a weapon of Western international political will.
6. In case of war anywhere, it is now demonstrated for all to see that only gold will buy the materials required. Paper currencies are under the SWIFT system’s control in settlement.
7. Far from being a barbaric relic, gold is now clearly the money of state survival in every sense.
8. It is reasonable and possible for the supply of physical gold to fall far behind the size of the massive short positions now common to algorithm and hedge fund paper shorts. That will make an effective cover at a reasonable price as compared to a certain day’s close impossible the following day on an exogenous event.
9. It may not be possible to use TA of any nature to determine a price of overvaluation for gold. Should the USA decide to take on China in full out economic war with the physical market totally illiquid, such as through isolation from the SWIFT system, consider the gold price that might result.
Finally...A Groupon Worth Buying Has Been Pulled!
This summary is not available. Please
click here to view the post.
Big Resistance
A resistance line that ties in the highs of 1987 and the lows of 2003 impacted the S&P 500 last May. Now this line is coming into play again at (1) above. When it comes to portfolio allocations, sometimes it pays to harvest some risk assets at long-term resistance lines. Will it be any different this time around?
Sunday, April 22, 2012
Getting Defensive
One of the ways to measure the mood of the stock market is to see what sector rotations are taking place beneath the surface. Chart 1 shows that sector rotations over the past month reflect a market mood that is turning more defensive. The four sector lines are plotted "relative" to the S&P 500 which is the flat black line. In other words, the four sector lines are relative strength ratios that measure their performance "relative" to the S&P 500. The blue line shows the Technology SPDR (XLK) leading the market higher since the beginning of the year. Technology leadership is a good thing for the market. The XLK:SPX ratio has started to drop during April, however, which shows short-term loss of that leadership. In fact, technology was this week's weakest sector. The other three lines show the relative performance of the three defensive sectors which are consumer staples (pink line),healthcare (green line), and utilities (red line). Those three sectors underperformed the S&P 500 since December as the market rallied. Notice, however, that those three relative strength ratios have turned up over the last month. In fact, utilities, healthcare, and staples were this week's three strongest sectors. That's normally a sign that investors are turning more defensive and are protecting themselves from a possible market correction.
Saturday, April 21, 2012
Going to Higher Highs Soon
The Summation Index can give us important information about what lies ahead for thestock market , as long as one knows how to interpret it correctly. For longer term comparisons like this, I like to use the Ratio Adjusted Summation Index (RASI) instead of the classic version, because the RASI factors out changes in the total number of issues traded on the NYSE.
Back in January 2012, I wrote about the important bullish message that the Summation Index was giving us. The RASI had just climbed up above the +500 level then, confirming that the up move was part of a strong new uptrend, and not just a failing rally. If the RASI had failed to reach the +500 level, that would have been a sign of trouble.
Instead of stopping at or below +500, the RASI was able to climb all the way up to a peak at +1343 back on Feb. 9, 2012. That super-high level says that there is a whole bunch of liquidity available to lift the market. Strong liquidity is a condition that tends to persist for a long time, even as the market goes through the necessary corrective process that will set up for the next stage of the uptrend.
We are in that corrective period now, and the RASI has done a nice job of decaying back down toward a neutral state. Getting back down toward or through the zero level helps to un-stretch the rubber band, and set up for the next up leg.
Big uptrends almost never end on super-high Summation Index readings. A few examples can be found in history, but they are very rare, and they usually involved the Fed or some other governmental action putting a thumb on the scale to kill the uptrend.
Instead, the more typical action following a super-high Summation Index reading which initiates a new uptrend is that we see a fairly long series of lower Summation Index highs, each above +500, before we finally get to the final price top. Seeing the major averages make a higher high with the RASI below +500 is a big fat warning of real trouble, and some examples are shown in the chart.
This RASI behavior of signaling important things at the +500 level is not a new phenomenon. Here is a chart showing the RASI's behavior from 1984 to 1996.
The key points to notice are first that the really high RASI readings of +1000 or higher tend to occur early in new uptrends. Over time we see a progression of lower highs that are still above +500, as stock pricescontinue to higher highs. The red circles highlight failures to get the RASI up above +500, and those mark important tops for the stock market that are followed by either a lengthy corrective period or an outright bear market.
The key points to notice are first that the really high RASI readings of +1000 or higher tend to occur early in new uptrends. Over time we see a progression of lower highs that are still above +500, as stock prices
So the point to take from this now is that because the RASI is just now coming off of one of those really high readings above +1000, we still have a long way to go for the bull market. We should expect to see a progression of lower RASI highs over the months or years ahead, and we should only worry about having a really ugly bear market at the point when we have seen that progression of lower RASI lows and we finally get to one that fails to get up above +500. With the eurodollar COT leading indication calling for a powerful rally starting in June, I do not expect to see one of those +500 failures for a long time.
Tom McClellan
Editor, The McClellan Market Report
Editor, The McClellan Market Report
Friday, April 20, 2012
From The Turkmeister
We’re making history here. Gold stocks have never been this undervalued before. We’ve had a 12 year bull market in gold, but we’ve also had a 15 year bear market in the mining shares that began with the Bre-X collapse.
It’s very rare in market history to see an outlier like this. This is an extraordinary event. Years from now we are going to look back and shake our heads in disbelief at how undervalued gold stocks were in 2012.
This 15 year downtrend and historic low has effectively destroyed the morale of virtually the entire gold mining investment community. Psychologically, this has also had a tremendous dampening effect on the morale of those watching the gold bullion market.
Thursday, April 19, 2012
YOU STUPID MOFO
APRIL 18--A Kentucky man is facing a misdemeanor rap after he siphoned gasoline from a police car, a theft that came to the attention of cops after the perp posted a Facebook photo memorializing the crime.
As seen in the above photo (click to enlarge), as Michael Baker, 20, was swiping the gas last month from a Jenkins Police Department squad car, he made sure to flip the bird as his girlfriend snapped a picture. . . .
Sentiment
We are in a neutral to bearish area in regards to sentiment, a few more days of pain and we will be in a great area to buy in terms of sentiment!
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