Conspiracy theory is a term that is used to protect a lie.
Where do we find the most conspiracies? Very little happens in Washington D.C. that is not a conspiracy. What is a lobbyist other than one who represents others who are conspiring to have congress pass a bill that bolsters their income and well being. Every election is filled with conspiracies to allow one candidate to gain an advantage over the other or to discredit the opposition. Continue reading
Every day that goes by where citizens allow the coverup of one of the most most sinister crimes in the history of the world to to be covered up and dismissed we are putting nails in the coffin of our way of life and perhaps the country as a whole. The media is already starting to shelve the Epstein story. Why? The same organization which wants the crime covered up owns the media. What do you expect the media to do? This is what the situation appears to be from the fantasy free vantage point. I think I I am right. Continue reading
August 16, 2019
Years ago I was sitting in an 8th grade science class. A message was sent from the office that President Kennedy had been shot. Shortly following the investigation, it was concluded that he was killed by Lee Harvey Oswald and that he acted alone. I was 14 years old at the time. Even at that young age I didn’t believe for a second Oswald acted alone. I never believed for a second that Jack Ruby acted alone in murdering Oswald. Continue reading
Epstein’s body is hardly even cold and those who doubt the veracity of the developing official narrative are already being called conspiracy theorists. Personally, I don’t mind being called a conspiracy theorist. Why? The majority of conspiracy theories turn out to be true. Most that are false are those like the fake moon landing theory, and can be seen to not be true from the beginning. When news comes out, and minds go into the “what is wrong with this picture mode?, the story is generally incomplete or a fabricated lie.
Download PDF Version August 8, 2019
These are facts:
Economic policy is theft. Yes, economic policy is theft, It has never been anything else and never will be. So, why do folks treat it as necessary? That is at least a partial mystery. I have explanations but that is for another time and place.
Why is economic policy theft? Continue reading
Download PDF Version September 6, 2019
Laws, especially federal laws are now being enforced or not enforced depending on political power. The elite of the world are not bound by laws at all. The only time elites are prosecuted for anything is when not prosecuting them puts other elites in a bad situation. Madoff and Epstein are good examples. Organized crime has taken over government and runs it for their own benefit. Don’t think this situation has no effect on the behavior of people at the bottom of the food chain. Continue reading
I am not trading and have not been since 2013. I have been in a 99% cash position since that time. This doesn’t mean I will never trade again. It just means getting little or no return is my best option. Opportunities have abounded because the market has rocketed higher over and over again over the past 6 years. One of the interesting things about investing is that more fortunes are constantly flying in front of your nose than ones you take advantage of. The fact is that stock prices are manipulated to such a degree any indicators I use function as traps. I simply have no way of knowing how long the stock market can be elevated by means of government inspired affirmative stock market action. So, I have been on the sidelines. As for missed profits, others are welcome to them because they are accepting a degree of risk I have never seen in financial assets before. Anyone who has been long either by luck or expert calculus deserves what they have earned. Anyone now who can figure out how to keep their profits will be doubly deserving.
I still keep indicators because I will be back in eventually, provided there is still a stock market and a United States of America and I am still alive. I am going to show some indicators I keep to illustrate just how much danger there is in holding equities right now.
Notice the assenting head and shoulders pattern for Exxon Mobil (XOM). XOM is only one stock and not an index. But, patterns like that of XOM abound. The topping pattern covers a period of over 20 years. What does it mean when 20 year long head and shoulders patterns break their necklines? It means a once per century washout and complete economic chaos for 5 to 20 years.
The chart below shows the total ETF volume as a percent of regular stock volume. During this long period of affirmative stock market action, a significant increase in relative ETF volume has reliably predicted bullish market turns. For the past year it has not been nearly as reliable. One of the things the manipulation consortium does is load up on bullish derivatives before goosing the averages. There has been no bear market since I have been keeping this index. Chances are signals will be reversed in a bear market. Look at the red ellipse. Relative ETF volume literately went off the charts on Friday. That means one of two things. Either the Deep State is planning to commit unprecedented resources to getting the bull market back on track starting on Monday. Or, they are giving up and loading up on bearish derivatives instead. My guess is that it is the ladder.
TZA is a popular 3X bearish ETF. TZA volume has suddenly rocketed to an extreme level. That is a good indication that folks who have rigged the market to the bullish side are flipping and plan on making windfalls on a significant ensuing drop. It also lends credence to the guess that super high ETF volume is occurring in advance of a washout. Overall volume is increasing on the downside. To control the market, the Deep State must keep volume down. Folks may be selling without their permission. The nature of trading volume cultivated or otherwise has been perfect ALGOS and all who participate in rigging the market. That can change. As it is, almost all volume comes from from trades that last from less than a second to those which exit before the close. When long term holdings start hitting the market, the Deep State’s job may be too difficult. What happens when split second trading prowess ceases to be an asset. There are reasons why low volume is cultivated.
One time tested market breadth indicator is the percent of stocks trading higher than their 200 day moving averages. Unless averages are manipulated higher purposefully there is no way, stock averages are going to make new highs with only around 53% of stocks trading above their 200 day moving averages. Breadth divergences are typical at turning points in financial history. This is one of those times and the poor market breath is much worse than would occur in a free market setting.
I have made the point many time that using indicators to trade is pointless when supply and demand are not what is causing stock prices. It sure works that way over short and mid term trades. This it the first time I have seen long term indicators this negative. They usually do look negative in a market rigged to the plus side, but not this bad.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.
Download PDF Version July 18, 2019
Do not think that the stock market has reached new highs for any other reason than organized support or affirmative action for stocks. Notice that lazy writers of most articles still expect the financial markets to correct in the same way markets have always changed direction. That is not the case. Markets have been completely manipulated and are still being manipulated. Organized support will fail. At that time, new bailouts will begin immediately. Bailouts will begin before a bear market is even officially acknowledged. The market is barely off new highs and there is an aura of panic in the air already. Waiting too long is risky. It is better to begin the bailouts before the public has time to gain information and raise objections.
Stealth bailouts have already begun. When Federal Reserve members and other economists say that inflation is needed, what they are really saying is that we need to bail out borrowers. Economists are routinely paid to use their credentials to justify sinister policies thought up by the parties who hire them. What will the trade war do in addition to impoverishing consumers by way of higher prices? The trade war will create much inflation and that will be to bail out holders of massive debt both public and private. If you don’t know how inflation serves as a tax and reduces debt, type a few key words into a search engine and read about it. It takes less than ten minutes.
The purpose of government is misunderstood. It is tempting to go with the lofty definitions learned in school and in popular culture. More important is how government is used. Fantasy Free Economics defines everything according to how it functions and not according to how it is explained to society.
Government is supposed to administer justice. Does it? No it does not. It serves more as a medium for controlling markets and managing the behavior of others for profit. To understand government, that is the process that needs to be focused on. I study government in keeping with what it really does and not according to what it is imagined to do.
The wealthiest people in the world basically have the United States government and most others working on their behaves. Who owns most of the world’s equities? They do. Since they have the enormous political power it takes to dictate government policy, they are doing just that. It makes sense that they would use government as a means of creating an ever rising stock market. They have and they will as long as it is possible but it won’t last forever. Chances are it won’t last much longer at all.
When the stock market fails the bailouts will begin. The same group that has had the political power to create government sponsored financial markets has enough political power to limit any losses by insisting on bailouts.
It has to be early in the collapse because the political structure of the country is starting to change. If they wait too long, they will have lost their advantage of political power and won’t be able to get their way.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.
Download PDF Version July 2, 2019
In explaining economics and politics, I have a complete advantage over all others who are doing the same thing, simply because I do not believe lies. That is not an unfair advantage. Anyone else can do the same thing. In politics, although the truth is in everyone’s tool box it is never used. Any politician who tells the truth is at an immediate disadvantage. When talking about politics I start by knowing I am not hearing the truth regardless of its source. Continue reading
The Democrats face a huge problem in winning the presidency in 2020. All of what each of them suggest that government do, are not possible for government to do. Self interest is the motivating force behind everything that is accomplished by government. Normally, this is not a problem because citizens are prone to voting their fantasies. Continue reading