tag:blogger.com,1999:blog-4480959310171271494.post8956699880124697979..comments2024-03-21T02:23:19.513-07:00Comments on STEVE PIECZENIK <b>TALKS</b>: Anonymoushttp://www.blogger.com/profile/08376863188680913389noreply@blogger.comBlogger48125tag:blogger.com,1999:blog-4480959310171271494.post-35748435141221065772015-07-10T17:11:41.457-07:002015-07-10T17:11:41.457-07:00Well I think I lost this argument with Dr P. Not t...Well I think I lost this argument with Dr P. Not that I actually believe anybody is arguing with me. But I actually never thought China et al would go bust "first" before everyone else. I knew there were problems, but I thought BRICS et al, was waiting on the Eurozone and others to go bust... but nope... It looks like I"m wrong about much. <br /><br />Seems China might actually lead the world into bankruptcy at best. Still think they have a lot going for them albeit - amongst a huge assortment of problems. I will never underestimate them, that's all I'm sure about at this point... <br /><br />I will be forever watching.... <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-9023516052295051872015-07-09T11:22:13.268-07:002015-07-09T11:22:13.268-07:00no clue. im stovk market illiterate . but i know e...no clue. im stovk market illiterate . but i know enough to state with ease that Chinese stocks r overvalued. i also know that during the 2008-9 crash stock merely reached fair market P/E ratios in NA. i also know that there is way more debt out there tham world than GDP to cover it. im no socialist but it seems to me that stocks r more akin to economic warfare than a place to speculate your retirement on. because its easier to discipline the markets and kill your neighbour off than it is to find fair value.<br /><br />futures doAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-11340484047451121832015-07-09T08:34:19.500-07:002015-07-09T08:34:19.500-07:00a tax for higher P/E ratios, for sellers and short...a tax for higher P/E ratios, for sellers and short sellers might also work. this might help discourage short term investors in high P/E ratiod stocks, while stabalizing markets. funds raised could be used for a plunge protection fund, an AIIB capitalization fund, and/or an electronic security fund. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-81370239324619608192015-07-09T06:54:46.218-07:002015-07-09T06:54:46.218-07:00so what to do now China? maybe a tax on all stock ...so what to do now China? maybe a tax on all stock market purchases for 1. a stability/ plunge protection fund, and 2. an AIIB venture capital fund for state directed enterprises to help reign in P/E ratios. <br /><br />get control of your people!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-19829904039665271402015-07-08T23:13:13.836-07:002015-07-08T23:13:13.836-07:00ya i've heard it was 30% and 20%. Stratfor Int...ya i've heard it was 30% and 20%. Stratfor Intelligence, for all its boring crap, says in or about 30% since July 1st.. Seems to me that the NYSE will suffer severe plunges now, as Chinese sovereign wealth funds pull institutional bonds and stocks from North America. Think people are more worried about liquidity now, and proving you are solvent may prove next to impossible for a lot of people in the near future with a contagious lack of confidence.<br /><br /><br />I expect to see tons of capital controls and/or cyber attacks, which accomplishes the same things - along with sudden glitches, plunge protection team action, and stock market breakers being short circuited right here in North America, should things persist. This may just be the beginning. <br /><br /> if it gets bad enough, there may even be cyberwarfare and/or assymetrical warfare & terrorist attacks - however they might be defined without a dictionary or a professor. I think it could easily go that direction if people don't actively put out fires and open diplomatic channels, while doing the proper field work behind the scenes. But something tells me its likely too late for that. because an ounce of prevention is always worth more than a pound of cure/flesh...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-12672856957447972812015-07-08T23:02:17.378-07:002015-07-08T23:02:17.378-07:001. Chinese Media Blames Soros, "Hostile"...1. Chinese Media Blames Soros, "Hostile" Foreigners For Stock Bloodbath http://www.zerohedge.com/news/2015-07-08/chinese-media-blames-soros-hostile-foreigners-stock-bloodbath<br /><br />2. Russia may ban Soros charity in NGO crackdown<br />http://www.cnbc.com/id/102817345 Think i read another article today where they actually did ban him from Russia. Either the article was corrected and pulled, or this one is out of date. <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-69364773933302505572015-07-08T14:57:52.909-07:002015-07-08T14:57:52.909-07:00GAO Report - so timely with the NYSE freezing up,...GAO Report - so timely with the NYSE freezing up, along with United Airlines, etc<br />http://www.gao.gov/assets/680/671253.pdf<br /><br />in other news, China market cap down by 20% from market highs. Not 30% like i said before. Maybe I'm hearing different things, with my unscholarly dishelved approachAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-73296786070381610862015-07-08T11:04:35.428-07:002015-07-08T11:04:35.428-07:00#0 is an old article. Think they've lost 30% i...#0 is an old article. Think they've lost 30% in market cap since.<br /><br />Also left out the most important part. Think I may have read yesterday that the shadow market cap was estimated to be around 37 trillion. That's the demon chasing China down the road.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-71051496286017331252015-07-08T00:29:12.907-07:002015-07-08T00:29:12.907-07:00#5 and 6 are sort of the same thing. Just don'...#5 and 6 are sort of the same thing. Just don't know of anyway to simplify the data inclusively. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-65171284797057179022015-07-08T00:21:18.556-07:002015-07-08T00:21:18.556-07:006. A) China also has a sovereign wealth fund value...6. A) China also has a sovereign wealth fund valued at 746.7 Billion, under China Investment Corporation.<br />B) China also has a sovereign wealth fund valued at 547 Billion, under SAFE Investment Company.<br />C) Hong Kong has a sovereign wealth fund valued at 400.2 Billion, under Hong Kong Monetary Investment Portfolio.<br />D) China also has a sovereign wealth fund valued at 5 Billion, under the China-Africa Development Fund. http://www.swfinstitute.org/fund-rankings/<br /><br />7. I speculate China may have in or about 10 to 30 thousand tons of gold to declare. I won't even bother trying and prove this. I will say that I partially follow Eric Sprott, who allegedly does private placements for one of China's sovereign wealth funds. That said,I also think he's wrong lots, and I'm just fine with that.<br /><br />8. 60 countries invest in China's Silk Road Gold Fundhttp://investmentresearchdynamics.com/60-countries-invest-in-chinas-silk-road-gold-fund/China's AIIB - the Final Tallyhttp://thediplomat.com/2015/04/chinas-aiib-the-final-tally/<br /><br />9. How China Covered the World in Liquidity Swap Lineshttp://www.zerohedge.com/news/2015-05-17/how-china-covered-world-liquidity-swap-lines<br />"...counterparty countries have also tapped their yuan liquidity lines when they're cut off from dollar funding, making China a critical lifeline for bolstering FX reserves and helping to alleviate shortages of imported goods (supra)."<br />Internationalization of the Renminbihttps://en.wikipedia.org/wiki/Internationalization_of_the_renminbi<br />China's Bond Market is now the third largest in the world, at 4.24 trillion USD. http://www.goldmansachs.com/gsam/glm/insights/market-insights/china-bond-market/china-bond-market.pdfThis is very low GDP to debt ratio.<br /><br />10. China Rallies Around Yuan as IMF Mulls Reserve Currency Inclusionhttp://www.wsj.com/articles/china-rallies-around-yuan-as-imf-mulls-reserve-currency-inclusion-1434366682<br /><br />11. China will capitalize on the Euro's declinehttp://business.financialpost.com/fp-comment/china-will-capitalize-on-the-euros-decline<br />"China is the only player able to make offers to buy troubled assets, support faltering security prices, and re-connect a fragmented Europe. Oddly, China superficially resembles the USA during the Marshall Plan years: the only man left standing with money in his pockets, and overseas investment in mind (supra)."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-57260315690425101992015-07-08T00:18:05.183-07:002015-07-08T00:18:05.183-07:000. China's Stock Market is Now Worth Over 10 T...0. China's Stock Market is Now Worth Over 10 Trillionhttp://money.cnn.com/2015/06/15/investing/china-stocks-10-trillion/<br />- Capital controls are being introduced- Plunge protection teams are being formed (they are new at this, evidence might suggest).- they are slashing policy rates, benchmark lending rates, which results problematically in more leverage/speculation- they don't want to reign in the rates as their shadow market lending system might go bust, and their bid for the RNB to be included with the IMF<br />1. Chart for Margin debts in China growing exponentiallyhttp://www.zerohedge.com/news/2015-03-26/aint-no-margin-debt-margin-debt<br />2. China hunts for manipulators as stocks tumblehttp://finance.yahoo.com/news/china-points-finger-manipulators-shares-022820479.html<br />3. Many say Chinese debt related to their stock market and shadow banking system is entirely internal, and that China can merely have a debt jubilee. However if this wastrue, China's inability to export and invest globally may drastically change how the world functions.<br />4. China has about 20% of America's US Treasuries, for example, as of April 2015.http://www.treasury.gov/ticdata/Publish/mfh.txtThis has a value of $1263.4 billion USD.<br />5. China's foreign currency reserves were known as 3.73 trillion, as of April, 2015http://blogs.wsj.com/moneybeat/2015/04/16/keeping-yuan-stable-hits-chinas-currency-reserves/This excludes Hong Kong and Macau, and is denominated mostly in US treasury Bonds and institutional bonds. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-7329604624280348552015-07-07T19:27:09.296-07:002015-07-07T19:27:09.296-07:00I'm with Dr. P on China's bad markets, hav...I'm with Dr. P on China's bad markets, having to do with bad credit. i do not believe hacking has anything to do with it.<br />i use this website for entertainment purposesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-48791749125194218762015-07-07T18:47:04.579-07:002015-07-07T18:47:04.579-07:00Curious newspaper articles that make you think in ...Curious newspaper articles that make you think in circles:<br /><br />1. how attackers can use radio signals and phones to protect secret data: http://www.wired.com/2014/11/airhopper-hack/<br /><br />2. banking heist yields up to 1 billion<br />http://www.usatoday.com/story/tech/2015/02/15/hackers-steal-billion-in-banking-breach/23464913/<br /><br />3. hacker reveals how devastating an attack on the stock market can be<br />http://www.businessinsider.com/hacker-reveals-how-devastating-a-cyberattack-on-the-stock-market-could-be-2013-8<br /><br />4. hackers are gaming the stock market, with a simple stupid approach http://gizmodo.com/hackers-are-gaming-the-stock-market-with-a-stupid-simpl-1665120433<br /><br />5. how russian hackers stole the nasdaq<br />http://www.bloomberg.com/bw/articles/2014-07-17/how-russian-hackers-stole-the-nasdaq<br /><br />6. the latest short selling strategy: hacking and why short sellers can be worth rooting for<br />http://blog.estimize.com/post/84234464877/the-latest-short-selling-strategy-hacking-and-why<br /><br /> I can see how this approach can easily border on the domain of psychological warfare<br /><br />7. financial analyst uncovers unexplained market patterns created by bots http://io9.com/5605762/financial-analyst-uncovers-unexplained-market-patterns-created-by-bots/<br /><br />this may just be a war between traders, but there might be no difference someday between a war between traders and nations, if nobody can tell the difference. <br /><br />8. Syrian hackers claim AP hack that tipped stock market by 126 billion. is it terrorism? <br />http://www.washingtonpost.com/blogs/worldviews/wp/2013/04/23/syrian-hackers-claim-ap-hack-that-tipped-stock-market-by-136-billion-is-it-terrorism/<br /><br />just imagine for a second what a misinformation campaign can do to crash specific stock markets as a prelude to war.... <br /><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-71477530853674041212015-07-07T15:06:41.850-07:002015-07-07T15:06:41.850-07:00Maybe this is all margin account activity, as Dr. ...Maybe this is all margin account activity, as Dr. P states. Maybe it is just all gambling, or what we call in the West, credit markets with no credibility. That said, I know I went off on a tangent, but I had to have fun and speculate... because I do wonder. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-21406016547242410082015-07-07T14:58:37.809-07:002015-07-07T14:58:37.809-07:00So why even talk about cryptocurrency solutions? I...So why even talk about cryptocurrency solutions? Its simple really. It has a lot to do with giving solutions to Dr. P's article on China's stock market problems. <br /><br />In the future, governments and/or terrorist groups wouldn't be able to manipulate foreign stock markets to their advantage. Even with currency wars, because each cryptocurrency account would be guarded by a secret key - which only the banking customer or whoever else would be in possession of. In short, there would be no denial of service attacks or bot armies. <br /><br />The only problem with this issue, is that of customers losing their private keys. Personally I think an algorithms should be constructed that makes the same private key every time, that interfaces with unique biosignatures. That way nobody can lose their private keys. And preferably a biogsignature that is more than just on the skin. I like near infrared spectroscopy, or stuff like that, which is used to identify blood vessels. <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-48710819064103888652015-07-07T14:35:08.515-07:002015-07-07T14:35:08.515-07:00Here is an article about Citibank exploring their ...Here is an article about Citibank exploring their own use of their own coin... http://techcrunch.com/2015/07/07/citibank-is-working-on-its-own-digital-currency-citicoin/#.yc1tvn:03e5 Now that is the future, IMHO. This article is just the tip of the iceberg. However I don't think citibank is taking it far enough. Think of block chain ciphers as digital tally sticks. You first want to reduce scalabity and increase transparency by creating many different blockchain ciphers perhaps. The coins might be equal in value but are systematically accounted for differently, by country, branch, business account, or personal account. In some parts of the UK, historically, tally sticks were used for each different customer, often. That's how sophisticated and scalable such a system can become. <br /><br />In either case, I think govenments are going to have to throw out most of their useless hackers, and hire cryptologists which respect privacy and the rule of law. For hackers are arguably corroding our financial system and ability to maintain itself. Transparency should only come with warrants, and not hacking. Its called the rule of law. When marketing agencies and the like provide intelligence, to governments, its a slippery slope. http://www.reddit.com/r/Bitcoin/comments/3cemh6/a_company_which_was_hacking_people_and/<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-32889144045696575632015-07-07T12:29:28.725-07:002015-07-07T12:29:28.725-07:00So what is the answer. I would think that there ar...<br />So what is the answer. I would think that there are many answers, non of which governments are embracing strategically.<br /><br />1. Secure and strengthen or electrical grids against EMP, etc.<br /><br />2. Encrypt all internet communications, civilian and what not.<br />Use strategies like MaidSafe and Mega Net Encryption. <br /><br />3. Use blockchain technology layered into encrypted internet communications, to control and make less expensive, important data streams. For example, banks can have blockchains for the public accounts, business accounts, etcetera, if not for different branches. <br /><br />4. Use blockchain technology for intrabank and Forex trading. Think like Ripple https://ripple.com/<br /><br />5. Use old-fashioned stock exchange hand signals for hardened locations. What the hell is wrong with employing people anyway? Plus always have back-up teams ready for disaster, no differently than fire fighting squads. While it can't take the place of computers, it can carry out the most important basic functions. <br /><br />6. Secure multilateral trading platforms for gold and cryptocurrencies. George Soros and many others are already doing this with BitGold. While i don't recommend BitGold, and yet have hope for it, i have reservations against who they have hired, and how they are going about their business, as I've already complained to private placement holders to have their business model diciplined. But i do think this business model is the future of last resort. <br /><br />7. Make speed bumps in trading exchanges mandatory, that work against HFT. Bring back Glass Steagel. Make the US Treasury, etc, able to print its own currency, while banning the Federal Reserve. Fire everyone at the CIA, etc. This is a very small part of what has to eventually be done. I could go on and on... <br /><br />Anyhow, I'm definitely no expert. But any improvement, is way better than none. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-9968298789021772712015-07-07T12:28:16.011-07:002015-07-07T12:28:16.011-07:00Would first like to make the point, that I have no...Would first like to make the point, that I have no idea what I'm talking about. I mean just a few months ago I was hacked by a virtual private network with Chinese characters and twitter pages jumping at me. for all i know, i was part of a robot army on my cell phone. that said, I know nothing of hacking... I'm merely having fun...<br /><br />1. America is in a currency war with other nations. Principally China. Despite what your article might entail, that China's markets will somehow have to survive if the world as we know it is to move along - imagine if America was somehow technically sabotaged. Imagine if America was doing everything in its power to defeat China's new Silk Road.<br /><br />2. The technical means to achieve this (as a non-hacker or computer expert) might be through yet undetected signals, transmitted in ways the Chinese have not caught onto. For a dope like me, that might include A) initial ELF/VLF or some new quantum transmission, similiar to what submarines might receive. B) A radio wave transmission hacks into multiple targets, like companies hooked up to stock exchanges, wherein accounts, like asymmetrical robot armies, continually short futures, causing stocks to be dumped.<br /><br />Well I don't even know if such a task could be achieved. But I have no doubt that China is on top of such possibilities, if they haven't thought of it offensively, before I even typed this silly bit of speculation.<br /><br />If anything, i believe China is already well versed in such tactics, for themselves, against other nations. I think they have likely invested more in asymmetrical warfare than perhaps any other country in the world - if they are smart - and that they will likely only start using such tactics up-front, when things get dirty. I'm sure, in essence, that China has guerrilla cells all over the world. <br /><br />That said, I really believe that the key to the worlds success and over all health, is in "getting along." But America might be too busy dancing on a wire rope, tactically, to notice. <br /><br />My over-arching opinion of the world, as a monetary framework, is that all markets are constantly intervented with and manipulated. I believe this is true whether this involves intervening with free markets, which are aguably worse than a disaster as we speak, or dealing with currency war manipulations. The charade needs to end. It is merely a question of how. <br /><br />Stock Market Rigging is No Longer Conspiracy Theory<br />http://nypost.com/2015/03/25/us-stock-market-is-just-way-too-riggin-easy/<br /><br />That said, after studying particular markets for years, and pulling out of the market less than 5 years ago, after finding out that Scotia Mocatta was shorting the market on a leveraged position that i felt was naked shorted. While talking to many market analysts and phoning up the Canadian Investor Protection Fund, without good getting proper answers, I've personally walked away from it all. <br /><br /><br /><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-48178720832841356182015-07-05T23:08:04.478-07:002015-07-05T23:08:04.478-07:00John Meynard Keynes said,
"The reason why it...John Meynard Keynes said,<br /><br />"The reason why it's called the 'invisible hand' is because it's not there."C_I_A_operatorhttps://www.blogger.com/profile/03939342988663987427noreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-86913509751379595872015-07-05T18:04:16.280-07:002015-07-05T18:04:16.280-07:00Or you can start looking around world (on Alibaba ...Or you can start looking around world (on Alibaba or DH Gate) for cheaper buckets of yellow paint. Chia Chahttps://www.blogger.com/profile/09926576701307793004noreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-63608856536708913402015-07-05T18:02:46.949-07:002015-07-05T18:02:46.949-07:00Or Australians (if Americans would adopt my idea) ...Or Australians (if Americans would adopt my idea) could call US army and request liberation from their own and Chinese capitalists, and then US corporations would give access to their infrastructure and automatic management for you to found your own 50-50 coopts. Of course under rules of Chicago climate exchange international - our communist international Chia Chahttps://www.blogger.com/profile/09926576701307793004noreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-31893404003019183282015-07-05T17:41:09.751-07:002015-07-05T17:41:09.751-07:00If you were smart you would had some Tito there (a...If you were smart you would had some Tito there (as king with successors) than you would be able to have workers-self management companies who would buy that private land from those farmers or they would make their own.<br /> But because that is dangerous for capitalistic model, those capitalists would rather sell your land to chinese capitalist. <br />Simple as that. <br />And they are not stupid, as they all know too well we would really like to kill them all... They are always afraid that some Dr. Stalin or nationalisation would stop them while they sell your asses, you think he would sell those farms to some Australians if he can get 1$ more from Chinese ... lool Chia Chahttps://www.blogger.com/profile/09926576701307793004noreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-59405909164234106642015-07-05T17:35:52.170-07:002015-07-05T17:35:52.170-07:00This comment has been removed by the author.Chia Chahttps://www.blogger.com/profile/09926576701307793004noreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-43444295955382153192015-07-05T17:30:58.295-07:002015-07-05T17:30:58.295-07:00That is not happening because Chinese are buying, ...That is not happening because Chinese are buying, that is happening because your capitalists are selling you. For you Australians it would be best to start some fundraising so that Russian pacific fleet can hold up there in Vladivostok. <br /><br />You were swimming there while you could, but now while Australia is still expensive now they will sell you, because capitalists sell only when price is big, and when they do not have plans to invest for price to go even bigger.<br /><br /> Chinese are buying because they plan to invest and pump price as new masters to sell you later to other Chinese. As Australian capitalists do not have enough capital to invest in to pumping price more to sell it later for even more them self. That is capitalism. <br />If you are afraid of yellow peril, you will be able to buy some bucket of yellow paint for your self. They will see that also. Chia Chahttps://www.blogger.com/profile/09926576701307793004noreply@blogger.comtag:blogger.com,1999:blog-4480959310171271494.post-60114378030814428872015-07-05T14:20:20.948-07:002015-07-05T14:20:20.948-07:00Dr Steve, I'm an Aussie and this was on TV las...Dr Steve, I'm an Aussie and this was on TV last night "Foreign investors on hunt for Aussie farms" https://au.news.yahoo.com/sunday-night/features/a/28634435/foreign-investors-on-hunt-for-aussie-farms/<br />I remember as a kid people used to talk about the Yellow Peril well it looks like they're buying up Australia! It's Time To Wake Uphttps://www.blogger.com/profile/09541835182343684579noreply@blogger.com