2012 outlook europa vest si sua-analisti realisti nu mincinosi

7/28/2019 2012 Outlook Europa Vest Si Sua-Analisti Realisti Nu Mincinosi

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TedBitsNewsletter: February24,2012

Copyright 2012 Apollo Alternative Investments Ltd. -- Portions may be reproduced ONLY with full credit and contact info. to Ty Andros [email protected] Past performance is not indicative of future results. There is risk of loss in trading.

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SomethingfornothingsocietiesarelikeLOCUSTSsearchingforsomethingfornothing;theywillEATeverythinginthe

developedworldrightdowntotheroots includingtheseedcornfornextyearsharvestandtheirchildrensfuture

earnings(thesearemorallyandfiscallybankruptleadersandcitizens). Theyarespendingtomorrowsincometoday

andwaitingforthebankruptcytoarrive.

TheydidthisyearsagoinGreeceandinmainlandEuropeforthatmatter,theyaredoingitnowintheUnitedStates.

GreeceisaSocialistcountry;itproducesnexttonothingandhasdrivenwealthcreationOUTOFTHECOUNTRY. For

generations,the

people

have

been

taught

that

they

are

entitled

to

agreater

standard

of

living

than

they

produce.

Thirty percent of theWORKING population ismade up ofGOVERNMENT EMPLOYEES (same as in theUS). No

bankruptcywillrestartwealthandincomeproduction. Thepeoplewhoarethereal incomeproducers leftdecades

agoatthepointofagovernmentconfiscatorygunandtheyareNEVERcomingback.

WhyintheworldwouldanyonestartabusinessintheUnitedStateswhentheFederalGovernmentisDEDICATEDto

confiscating any wealth they may produce, and with a President that is running for office on the platform of

demonizingsuccessandtellingpeoplethatbysupportinghimtheywillberewardedwithalltheyneed? Guaranteed

bygovernment,just liketheother$100trillionworthofpromisesthegovernmenthasmadebutnotpaidfor. The

peoplewhobelievethisarehisFOOLS;hispromisescanneverbePAIDexceptwithincreasinglyWORTHLESScoupons

calledUS

Dollars.

"Socialismisaphilosophyoffailure,thecreedofignorance,andthegospelofenvy,Itsinherentvirtueistheequalsharingofmisery" ~WinstonChurchill

GROWTH WILL NEVER RESUME as to do so is to invite punishment and slavery to the WELFARE State. The

psychological destruction by the presidents CLASSWARFARE rhetoric on entrepreneurs and small businessmen

cannotbeunderestimated;itwilltakeyearstoundoit.

TAXESaresettoSKYROCKET intheUnitedStatesattheendof2012(furtherpunishmentfortheprudentandhard

working)butnopublic servantdaresbringup the subjectbecausebothpartiesWANT themoney to FUND their

PREVIOUS

policies

of

insolvency.

Human

behavior

is

quite

predictable

with

this

recipe;

IT

IS

A

RECIPE

for

FAILURE

andtosubstituteforlackofgrowthandincometheywillPRINTtheMONEY.

"Thebestwaytodestroythecapitalistsystemistodebauchthecurrency.Thereisnosubtler,nosurermeansof overturning the existing basis of society than to debauch the currency. By a continuing process ofinflation, governments can confiscate, secretly and unobserved, an importantpart of the wealth of theircitizens...Thereisnosubtler,nosurermeansofoverturningtheexistingbasisofsocietythantodebauchthecurrency. Theprocessengagesallthehiddenforcesofeconomiclawonthesideofdestruction,anddoesitinamannerwhichnotonemaninamillionisabletodiagnose. ~JohnMaynardKeynes

Bondsand currenciesare theepicenterof the crisisand thisOUTCOMEwas set in stone atBrettonWoods IIon

August15th,

1971:

Money

and

credit

creation

out

of

thin

air

which

is

amechanism

for

redistributing

wealth,

in

additiontorunaway,LEVIATHANgovernmentthathasresultedintheSocialistMarxistcommandeconomieswenow

inhabit. NowthecommandersinWashingtonDC,BrusselsandBerlinknowonlyonepolicy: Burythemsomemore

underthousandsofnewlaws,taxesandregulations.

Nowthebillsarecomingdueandtheyareunpayableand inextinguishableasREALwealthand incomegeneration

havegonethewayoftheDODObird. SoitsHiHo,HiHoofftotheprintingpresstheSocialistswillgo,pretendingto


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paymoneybackusingworthlesscouponstheycallmoneyprintedoutofthinair. Theyarefoolsasarethepeople

thatsupportthem.

When thepeoplefind that theycanvote themselvesmoney thatwillherald theendof theRepublic. Thisconstitutionintimewillfail,asallsucheffortsdo.Anditwillfailbecauseofthecorruptionofthepeople,inageneralsense. ~BenjaminFranklin

With a printing press they are stealing purchasing power right out of the bank accounts of the private sector:

companies, retirees, pension funds, institutions. These innocents that have full faith in the dollar will soon

understandtheUSGovernmentisnotGOD,butratherhasnowbecomethedevilindisguiseandissendingpresent

andfuturegenerationstoDEBTORShelljustlikethepeopleinGREECE.

Economicactivity,employment,inflationandGDPreportsarenothingbutacruelhoaxtofoolthemasses(thiswillbe

covered inafutureedition,new information indicatestheUSeconomy issmallerby10%ormorethanOFFICIALLY

reported). Themainstreammedia ismisdirecting the anger of themiddle class from thosewho destroywealth

towards thosewhoproduce it. Theyaredrivingwhats leftofprivatesectorgrowth intohibernationbecause to

createwealthistoinviteattacksononeselfforhavingthetemeritytoworkhardandsucceed.Thisiscannibalismof

theworstsortatthehandsofgovernmentandtheirsomethingfornothingconstituents.

Capitalismisdeadinthelandsofitsbirth,withsocialistdictatorshipsdoingwhattheyalwaysdoastheireconomies

DIE from their deadly embrace. Miseryspreadwidely is andWILL BE the order of the day as will a shrinking

economicpie,takenfromthemostproductiveandredistributedtotheirsupporters. Aswealthandincomecreation

ceaseMarxistSocialiststurntoprintingpresses.

"Thedemocracywillceasetoexistwhenyoutakeawayfromthosewhoarewillingtoworkandgivetothosewhowouldnot." ~ThomasJefferson

OB@M@careisnothingmorethantakinghealthcarefromthosethathaveandpayforitandtransferringittothose

thatdont. Rationing andmandates arejust thebeginningasWashingtonwrites rulebooks foryourphysician to

follow.Heres

apeek:

Billingcodesunderthenewhealthcarelawaregoingfrom18,000to140,000. Thisisgoing

intoeffect inJanuary2013,justaftertheelection. Why isnoonetalkingaboutthis? Tellingthepublicaboutthis

OBSCENITY Itwillneverberepealed.

CanyousayABSURDandunworkable? It isonly thebeginning. DoddFrank isnothingmore than2,400pagesof

political corruption, thenationalizationandpoliticizationof theBANKING industryand theallocationofcredit. It

transfersliabilityfromthenineteenTOOBIGTOFAILbankstothepublicwhoaretheirDUPES.

WealthgenerationinthedevelopedworldisastatisticalillusioncourtesyoftheLAWMAKERSandtheirbureaucrats

who ruleoverus. Public servants arebought andpaid forby theCronyCapitalists andBanksterswho are their

masters

to

the

chagrin

of

a

public

who

has

placed

their

faith

and

futures

in

their

hands.

Sincemy lastmissive severalweeksagomoneyprintinghasbeen theorderof thedayas Japanand theUKhave

thrownapproximately$200+billionandtheUSCongressaddedover10%tothe$1.3trilliondeficitandsentthebill

tofuturegenerationswhen itrecentlywroteanNSFcheckof$150+billiontoextendthesocialsecuritytaxcutand

extendunemploymentbenefitsasmoreandmorepeopleareimpoverishedbythepoliciesofleviathangovernment.

$350+billionalltold smallchangebytodaysmeasures. SeveralBankofEnglanddirectorsvotedfor50%MORE

moneyprinting. ThenexttrancheisBAKEDintheCAKE.


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Thispictureisechoedthroughoutthedevelopedworld. Theseillustrationsareextremelypredictivewhenappliedto

thegoldprice(perfectlycorrelated)incontextwithdeficitspendingasthischartillustrates:

Theexponentialriseingoldisdeadaheadasdebtcreationandprintingpressesaccelerate. Noticethatthelast2.3

trilliondollardebt increasehasNOTbeen PRICED IN. Goldhasbeen in a tenyearBULLmarket (nomarkethas

outperformedinthattimeframe). BullmarketsDONOTendwithawhimper;theyendwithaBANG.

NowletslookatwhatsinthePIPELINEasillustratedbythecombinedCentralBankbalancesheetsofthe8biggest

CentralBanks,below:


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Thisisupover$2trillionsincethisgraphwascreatedattheendofNovember. Theaveragemoneycreationisnow

almost$500billionaquarter, thatof theTARP in2008. Themoney toprop the financialsystemand fund the

welfarestates isspiralingoutofcontrol. Since2006thismeasure isupMOREthan200%andNOTHINGhasbeen

solved. NOTHING. If that

Central Bank balance sheet

chartdidntscare thepants

off you, the next one will.

This is a picture of global

money supply in the last

two years; ithas increased

20%,

hitting

new

highs:


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This isMONEY PRINTING. The insolvencies aremultiple times greater than in 2006; Billions of new, unfunded

promiseshavebeenmade. HowmanyTrillionsarelefttobecreated(Ibelieveatleast$30Trillion). Doyoureally

thinkyoucanstorewealthinpapercurrenciesandbondsafterseeingthesetwocharts?

TheQuestionis: WhenwillconsumerpricesadjusttoREFLECTthedebasementandlossofpurchasingpower? How

muchwillyourcashandbondsbeworth inpurchasingpowerwhentheyreflectthisgraph? Thenextquestion is:

HowmuchmorebalancesheetEXPANSIONwilloccurtoSAVEtheBANKSTERSandfeedtheWELFAREstates? Wewill

havethe

answer

to

all

these

questions.

Now

lets

look

at

the

future

UNFUNDED

welfare

state

promises:

Japan isnotshown,but itsdebttoGDP isalreadyover200%; isduethisyearandunfunded liabilitiesaremore

thanlikelyrightinlinewiththeseothercountries. KeepinmindtheseeconomiesDONOTGROW(correctlyadjusted

forinflationandminusgovernmentgrowth,calledproduction),theyhaveHUGEandgrowingstructuralBARRIERSto

growtherectedtoprotectCronyCapitalistsfromcompetitionandrewardthelatestcropsofcampaigndonors,they

have tax systems that PUNISHwealth creation, entitlementswhich are on auto pilot, and populations and their

representatives

which REFUSE to act

prudently.

The Federal Reserve

underProjectTwistis

still monetizing most

of the new treasury

issuance,asthistable

outlines:


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TheChineseandRussiansaredumpingtreasuriesatarapidrateseeingtheupcomingtrainwreckandtryingtogetoff

thetrain,asthischartillustrates(courtesyofwww.zerohedge.com):

NoticehowtheFederalReserve,theBankofJapanandtheBankofEnglandaremonetizingUSdebtand increasing

theirreserves? Theycallthemassets,buthowcanthatbewhenboththebondstheyboughtandthemoneythey

printedtobuythemwerePRINTEDOUTOFTHINAIR? It isan illusion. Forthemostpart,allthreeeconomiesare

barelygrowingandrunningMASSIVEdeficitsforgovernmentspending,whichtheyreportasGDP.

Inorder toput inperspectivewhathasbeendoneby theFederalGovernment inWashington, inaddition to the

present and FUTURE destination ofmoney printing and the debt requires that we look at a recent debt clock

(www.usdebtclock.org,asofFeb23,2012):


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Thisisugly,butatthecurrentrateofDEFICITspending,atthenextpresidentialelectioninNovember2016thebills

willhaveLEAPTto:


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Imagecourtesyofwww.ZEROHEDGE.com

Abreathtakingleapofalmost60%,after60%growthinthepresidentsfirstfouryears. Ofcourse,dontforgetthat

thepaperinwhichyoustoreyourwealthwillhaveLOSTanequivalentamountofpurchasingpower;yetthefederal

governmentREFUSEStocutspending. ThesenumbersDONOT INCLUDEfutureBAILOUTSofthefinancialsystem,

FannieMae,FreddieMac,FHA,unfundedgovernmentpensions,andstateandmunicipalinsolvencieswhichwillbe

TRILLIONS&TRILLIONSmore.

AlanGreenspan,beforehebreathedthecontaminatedairofWashingtonDC,wrotethisaboutgoldin1966:

Theabandonmentofthegoldstandardmadeitpossibleforthewelfarestatiststousethebankingsystemasameanstoanunlimitedexpansionofcredit. Theyhavecreatedpaperreserves intheformofgovernmentbondswhichthroughacomplexseriesofstepsthebanksacceptinplaceoftangibleassetsandtreatasiftheywereanactualdeposit,i.e.,theequivalentofwhatwasformerlyadepositofgold.Theholderofagovernmentbondorofabankdepositcreatedbypaperreservesbelievesthathehasavalidclaimonarealasset. Butthefactisthattherearenowmoreclaimsoutstandingthanrealassets.Thelawofsupplyanddemandisnottobeconned. Asthesupplyofmoney(ofclaims)increasesrelativetothesupplyof tangibleassets in theeconomy,pricesmusteventually rise. Thus theearningssavedby theproductive members of the society lose value in terms of goods. When the economys books arefinally


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balanced,onefindsthatthislossinvaluerepresentsthegoodspurchasedbythegovernmentforwelfareorotherpurposeswiththemoneyproceedsofthegovernmentbondsfinancedbybankcreditexpansion.Intheabsenceofthegoldstandard,thereisnowaytoprotectsavingsfromconfiscationthroughinflation.Thereisnosafestoreofvalue. Iftherewere,thegovernmentwouldhavetomakeitsholdingillegal,aswasdoneinthecasegold. Ifeveryonedecided,forexample,toconvertallhisbankdepositstosilverorcopperoranyothergood,and thereafterdeclined toacceptchecksaspaymentforgoods,bankdepositswould losetheirpurchasingpowerandgovernmentcreatedbankcreditwouldbeworthlessasaclaimasgoods. Thefinancialpolicy of the welfare state requires that there be no wayfor the owners of wealth toprotectthemselves.Thisistheshabbysecretofthewelfarestatiststiradesagainstgold. Deficitspendingissimplyaschemeforthehiddenconfiscationofwealth. Goldstandsinthewayofthisinsidiousprocess. Itstandsasaprotectorofpropertyrights. ~AlanGreenspan,GoldandEconomicFreedom,1966

Thank you BertDohmen andhis outstandingWellington Letter (I highly recommend it) for thiswonderfulquote

whichsumsupquitenicelyhowwealthcannotbestoredinpaper. Greenspanrecognizedit50+yearsagowhenhe

wasaclose

associate

of

Ayn

Rand.

As

Federal

Reserve

chairman

he

was

the

perpetrator

of

it.

In closing:This isnotDoom andGloom; it is the realityof the situation. InFact it is the greatestopportunity in

history. Furthermore, you knowabout it and canarrange your affairs toprofit from it. Hugeopportunitiesare

presentedtoYOU. Ifyoustoreyourwealthinpaperandgovernmentbondsyoumaywanttoconsiderchangingyour

plansasthereisnoescapefromthefinaldenouement.

BondsandcurrenciesareclassicAustrianMalinvestmentsjustwaitingtofalltotheirrealvalue,theirvaluebefore

regulatoryfavoritisminotherwords,beforetheleverageusedtopurchasethemandthathasdriventhemtothese

levels,combinedwithaGLUTofpapermoneythathasbeenprintedtoBUYTHEM. Theymustdeclinetoprovidea

realreturninexcessof10.5%afterreal,asmeasuredbywww.shadowstats.com

Wouldyou like to turn this intoanopportunity? Ifyouarean investorwhowantstodiversifyyourportfolio into

AbsoluteReturnAlternativeInvestmentsandhavemehelpyourepairyourpapermoneysoitresistsdebasementby

theprintingpress,CLICKHEREandIwillgiveyouacall(http://www.TraderView.com/portfolio/).Anumberofquestionscometomind: ThefirstquestioniswhenwilltheBOMB.er,BondMarketcrashasinvestors

WAKEUP to the realityof thepaper assets inwhich they attempt to store theirwealth? WhatpriceswillGold,

commoditiesandnaturalresourcesrisetoreflectpastandfuturemonetization? Howmuchofyourgainsarenothing

morethanyourassetsREPRICINGtoreflectthelowerpurchasingpowerofwhattheyaredenominatedin? Answer:

mostofthem. Howmuchoftheirvalueistheresultoftheleverageusedtopurchasethem? Howmuchwillyoulose

ifyour

paper

assets

LOSE

90%

of

their

value?

In theEurozone,Unitedkingdom, Japan,Switzerlandandallcountrieswhichholddollarsas reservesgetadouble

dose of debasement, 1st from the Federal Reserve debasement of their reserve holdings (approximately 60% of

CentralBankreservesareUSDOLLARS),thenagainfromtheirrespectiveCentralBanksastheydebaseandcarryout

quantitativeeasing. Thedollarwillbethe lasttofallaseverything isaderivativeofthedollar. Alsokeep inmind

thatthedollar,astheworldsreservecurrency,istheonlycurrencyintheworldwhichboththeshortsandthelongs

donotwantittofall. Theshortsareprintingitendlesslyandthelongsaretryingtostorewealthinit. Bondauctions
http://www.traderview.com/portfolio/http://www.traderview.com/portfolio/http://www.traderview.com/portfolio/http://www.traderview.com/portfolio/http://www.traderview.com/portfolio/http://www.traderview.com/portfolio/http://www.traderview.com/portfolio/http://www.traderview.com/portfolio/


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willNEVER fail as success laysjust a phone call away to another Central Bankwritingworthless checks to buy

worthlessbonds.

The confiscation of purchasing power Greenspan spoke of is now almost COMPLETE, the final stretch run to

worthlessnesswillbeMAYHEMrunwild. PeopleDONOTKNOWwhatmoneyis,howitmustfunctiontobeastoreof

value,andmovepurchasingpowerthroughtimeandspace. CurrenciesDONTFLOATtheyjustSINKatDIFFERENT

rates.

Repeatafterme:PAPERisPOISON,PAPERispoison. ItisthefinalBUBBLE. DontmissthenextissueofTedBits2012

Outlook, subscriptionsare freeatwww.traderview.com/subscribe/ . Ifyoumissedpartone Iurgeyou to read it.

Thankyou.

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DISCLAIMER AND TERMS OF USE: While TedBits strives to present accurate and useful information, we make no

guarantee of accuracy or completeness. All information and opinion expressed herein is subject to change without

notice. Opinions and recommendations contained herein should not be construed as investment advice. Under no

circumstances does the information in this column represent a recommendation to buy or sell any securities or

commodities. Do not assume that any recommendations, insights, charts, theories or philosophies will ensure

profitable investment. The information contained herein is for personal use only. Any redistribution of this information is

strictly prohibited.

Ty Andros / TraderView Gold & Silver

Backed, Absolute-Return Alternative

Investment Specialists

223 West Jackson Blvd., Suite 725, Chicago, IL 60606,

PH:. 800.253.7689 // +1.312.338.7800

[email protected] www.TraderView.com
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2012 outlook europa vest si sua-analisti realisti nu mincinosi

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