Tuesday, November 17, 2009

Have bears given up?

They are tired, yes. Pissed off too.

The government has this rigged and set on autopilot. Goldman Sachs runs everything out of the penthouse office. Money printing as far out as the eye can see. We don't have free markets and this is the run up to the new, fascist world order with Rockefeller and the Rothschilds in control. We have lost our freedom. We are going to devalue our way out of seemingly unpayable debts and obligations. Oh, the humanity. These are the thoughts of bear capitulation.

Or just maybe the dollar is going to turn and burn as greed turns to fear one day and it is again shown just how powerless these bureaucrats and buffoons really are. I know this is crazy talk, but neither the gold-silver ratio nor the VIX are at new lows as the markets make new highs. In fact, the VIX did a little hammer action yesterday and the GSR bounced off the SMA 50. But I am 'just a top caller who's not with the bullish program' say the newly brave bulls.

I don't like hype and I don't like mania (in either direction). Okay, I am a freak by today's standards. Let's hear it for the freaks, for one day they shall inherit the world.