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The stock market bubble… Is this time different?

Cory
December 21, 2016

In our discussion with John Rubino, Editor at DollarCollapse.com we take a look at the factors that continue to drive the stock markets higher. John points out that a few central banks have been buying equities in some of the largest companies in the world. What does this mean for the overall health and stability of markets moving forward?

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Discussion
14 Comments
    Dec 21, 2016 21:04 PM

    How Did a Nation Crippled by Wall Street Billionaires End Up With Them Running the Country?

    Donald Trump is increasingly looking like Wall Street’s back up plan in the event that the Wall Street Democrats didn’t triumph in the 2016 election. Trump has appointed two Goldman Sachs alumni and the current President of Goldman Sachs to top posts in his administration. On Monday, Trump announced that Vincent Viola, a billionaire who spent the bulk of his adult life trading oil and gas futures on Wall Street, would become Secretary of the Army –

    http://wallstreetonparade.com/2016/12/how-did-a-nation-crippled-by-wall-street-billionaires-end-up-with-them-running-the-country/

      GH
      Dec 21, 2016 21:26 PM

      It does look that way, MTF.

      But why are the media and deep state launching such an attack on him? Just a show to keep us confused? Very well could be.

      I figure, either TPTB are a bit off balance after the public blew off their propaganda outlets’ preferred candidate, or bringing everything to a boil is actually part of their plan.

      Interesting times.

        Dec 21, 2016 21:19 PM

        They may be setting up for a major restucturing. Bring in certain ones to sell their stocks tax free and hammer the rest. Remember the last bunch? Paulson & Co’s baton toss, let the criminals run amok while the rest of the country gets screwed.

      Dec 21, 2016 21:35 PM

      https://dougwils.com/books/trump-feminism-vegas-fan-dancers.html

      Punchline: “My only point here is to encourage us to keep our political engagement principled, and the discomfiture of liberals is not that principle.”

    Dec 21, 2016 21:42 PM

    Check out them Bollies on the daily Silver and GDX charts! WOW! Talk about TIGHT!

      Dec 21, 2016 21:09 PM

      Hey Jason, I just took a look at the daily silver and GDX charts. I am seeing the BBs widening but they were fairly tight before the big drop on the 14th. The bright side is that the daily chart is showing a bottoming for the short term!

      Thanks for your comment!

      GH
      Dec 21, 2016 21:29 PM

      GDX put in a swing low on the daily chart today. Though it was slightly down, it basically consolidated yesterday’s big reversal candle. I’m with Cory, I think we’ve got at least a short term move up brewing. I bought JNUG yesterday at 4.24.

        Dec 21, 2016 21:03 PM

        Let’s hope we are right 🙂

    Dec 21, 2016 21:46 PM

    Trump No Longer Wants To “Drain The Swamp”, Gingrich Admits

    While it will hardly come as a surprise to anyone following the ongoing additions to Trump’s cabinet, one can now effectively cross off “draining the swamp” from the list of Trump’s stated intentions.

    http://www.zerohedge.com/news/2016-12-21/trump-no-longer-wants-drain-swamp-gingrich-admits

    CFS
    Dec 21, 2016 21:50 PM

    WASHINGTON (AP) — Goldman Sachs has been ordered to pay $120 million to settle federal regulators’ charges that it deliberately manipulated a global benchmark for interest-rate swaps to its advantage.

    The U.S. Commodity Futures Trading Commission said Wednesday that several Goldman traders, including the head of the bank’s Interest Rate Products Trading Group in the U.S., used trades and false reports to manipulate the benchmark between 2007 and 2012.

    The CFTC cited emails and audio recordings in which Goldman traders “stated their manipulative goals in plain language.” The traders “even objected when their attempts to manipulate were not performed as inexpensively as possible,” the CFTC said.

    The alleged manipulation centered on the U.S. Dollar International Swaps and Derivatives Association Fix, or Isdafix, which is used to set prices for interest-rate swaps. The swaps are derivatives that can be traded and used to protect against swings in interest rates.

    Aitan Goelman, the CFTC’s director of enforcement, said it’s the third time the agency has penalized banks for dealings related to the Isdafix. The CFTC fined Barclays $115 million in May of 2015 and Citibank $250 million in May of this year.

    It “demonstrates the breadth of this kind of misconduct across the industry,” Goelman said.

    In addition to the fine, the CFTC ordered Goldman to cease and desist from further manipulation and false reporting and take steps to deter the practice. Goldman must also implement internal controls and report to the agency as to whether those controls have been effective.

    “We are pleased to have resolved these matters and have already taken steps to enhance our policies and procedures,” Goldman said in a statement.

      Dec 21, 2016 21:39 PM

      Fecking Goldman…$120 million, they can earn that in one our….They will be back at their old game next week….
      Just get it people, the Banking Scum rule the world, & well do till bullets & bombs destroy them.

        Dec 21, 2016 21:41 PM

        No, JC rules the world and he has appointed the rulers we deserve.

    Dec 21, 2016 21:27 PM

    Mexican Ambassador To U.S. Urges Illegals To Apply For Citizenship Before Trump Takes Office

    So what do you do if you’re the Mexican Ambassador to the United States and are faced with a crisis whereby millions of your citizens have broken numerous federal laws of your host country by illegally immigrating without going through the proper channels? Well, you simply offer up creative new ways to “game the system” to avoid deportation, like submitting an application for citizenship. While you may have zero chance of actually being granted citizenship, at least you’ll “no longer [be] subject to the deportation processes.” And, as an added bonus, you won’t “lose Mexican citizenship” either.

    http://www.zerohedge.com/news/2016-12-21/mexican-ambassador-us-urges-illegals-apply-citizenship-trump-takes-office

    Dec 22, 2016 22:38 AM

    I love John, especially when he laughs at the absurd notions which pass for conventional wisdom these days.