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Stock Market Crash! (merged) Pt. 10

Discussions about the economic and financial ramifications of PEAK OIL

Re: Stock Market Crash! (merged) Pt. 10

Unread postby Outcast_Searcher » Wed 23 Oct 2019, 10:22:13

Armageddon wrote:I think they are losing control

Too bad that everything you don't understand doesn't equal insta-doom. That way you wouldn't be constantly wrong re your short term claims.

Notice how the rates are NOT spiking like they did in Sept. But of course, that doesn't look like insta-doom, so your ilk wouldn't want to mention that. :roll:

https://apps.newyorkfed.org/markets/autorates/sofr

Or do you claim that a max borrowing rate around 2% implies major panic?

Meanwhile, in the real world, from rational sources (vs. those like zerohedge), it's an issue that likely stems from the Fed removing too much in reserves on auto-pilot. And that likely reflects concerns about the large ongoing deficits, etc.

https://www.cnbc.com/2019/10/22/fed-rep ... ssues.html

But what fun is reporting issues in context when constant FUD and insta-doom "reporting" is one's agenda?
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby Outcast_Searcher » Wed 23 Oct 2019, 10:30:05

Speaking of the real world, with the S&P 500 wandering around near 3000 in recent weeks, well above the 2018 peak, and still, no market crash or anything approaching that, this thread should be titled something more like: "If Insta-doomers keep projecting a recession long enough, eventually they'll be right. So what? Meanwhile, their endless FUD is worthless, as per usual".
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby StarvingLion » Wed 23 Oct 2019, 11:40:45

Look at the CRIMS...they are FAILING.....hahahahahaha....

Gold up 0.60% while CRIM indices Nascrap and DOW only .1% with MASSIVE LOW LIFE DEGENERATE MONEY PRINTING.

The fake price of oil is going up only a little and its already destroying their fucking brainless FAIRYWORLD....

YOU'RE ALL DOOMED...hahahahaha. Your faith in coin clippers is truly pathetic.
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby StarvingLion » Wed 23 Oct 2019, 11:44:43

Ford stock will totally collapse tomorrow...all their bullshit about rolling out electrics in 2022 is Pure Hokum.

The trigger date for my Oil Apocalypse thesis is 2023 right when Ford will be rolling out electrics. The power will be going constantly off in 2023 and the Ford Execs will just laugh at the morons wanting to buy electrics.

"Here you go, free shit fuckers, here are your electrics...Good luck waiting for the power to ever come back on"

YOU'RE ALL GOING TO DIE.
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby shortonoil » Wed 23 Oct 2019, 12:25:30

Fed's Fourth Bill POMO Is Most Oversubscribed Yet Amid Liquidity Scramble
One day after the Fed unexpectedly saw a surge in demand for its term-repo operation, which was oversubscribed for the first time since the mid-September repo crisis erupted, the liquidity shortage in the funding market appears to be getting worse by the day, and in today's just concluded 4th consecutive T-Bill POMO, which saw the Fed monetize another batch of Bills, Dealers submitted $44.2BN in bids for the maximum $7.5BN in Fed "Reserve Management" (note: not QE) purchases.

https://www.zerohedge.com/markets/feds- ... y-scramble

Well, it's broke; which is hardly surprising with $341 trillion in world debt hanging over the system. The Debt Black Hole is sucking up every nickel in sight. The FED is now caught in a Red Queen scenario on steroids; the faster they print, the faster it disappears. They will be running out of collateral by the end of the year. Can they monetize Confederate money? The end of the oil age is here; oil no longer has any leverage in the economy, and a BBB rated corporate bond will come in every box of Cracker Jacks. What will go on the auction block first, China or California?

Maybe someone will do something about it; that is, if they ever figure out why it's broken! An EROI of 1.0 should work fine as long as someone greases the printing press! Right?
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby Armageddon » Wed 23 Oct 2019, 13:35:21

Caterpillar's revenue falls 6% to $12.8B in Q3 CEO Umpleby “Our volumes declined as dealers reduced inventories & end-user demand.


Get use to it Cat
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby Newfie » Wed 23 Oct 2019, 14:53:56

Something to chew on.

The study outlines a range of external factors – the retreat of globalisation in the face of rising protectionism; the growing financial instability since 2009, with most growth since the financial crisis funded by mounting levels of debt; a structural change in the nature of demand with many developed economies now effectively reaching peak container throughput; the challenge of near-sourcing strategies; the technological challenges posed by blockchain and 3D printing; and mounting environmental – that port operators have no control over, but yet need to take into account when planning new projects.


https://gcaptain.com/global-container-p ... et-report/
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby Armageddon » Wed 23 Oct 2019, 14:59:31

The Fed just announced that they are doubling their Not QE (NQE) to $120 billion per month


Everything will be ok. Just keep watching FOX news
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby shortonoil » Wed 23 Oct 2019, 15:49:22

The study outlines a range of external factors – the retreat of globalisation in the face of rising protectionism;


Is globalism retreating because of advancing protectionism, or is protectionism advancing because of retreating globalism? In the face of declining global activity nation states would be encouraged to protect what they already have?

According to psychologists, most people are poor intuitive problem solver They tend to
adopt a definition of a problem without having collected descriptive data on the situation. They
formulate hypotheses based upon incomplete data, and fail to seek out possible alternative
explanation. Even when information is available, it is often ignored if it does not support existing preferences and assumptions (Dawes, 1982).

http://web.mit.edu/eppinger/www/pdf/Tyr ... ov1995.pdf

Is the study displaying conformational bias? Human are the source of all problems? Even though in reality we are merely a clog in nature's depletion machine. Natural resources are being stressed on all fronts, but according to the study protectionism is slowing the economy? How convenient for J.P. Morgan, and associates.

Putting the cart before the horse is preferential if one is attempting to sell the cart.
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby shortonoil » Wed 23 Oct 2019, 16:54:56

Tesla Explodes Higher As Company Reports Blowout EPS, Even As CapEx Disappoints Again
https://www.zerohedge.com/markets/tesla ... inks-again

So -- I eat some of my words. Tesla may be the first renewable energy producer to show a profit. May Europe do so well. The oil sure is getting pretty crappy if that is possible! If Tesla could stop building self igniting cars, they might be on to something.

If I am not mistaken, Tesla has a big contract coming up with the government? Putting a nice new shining Tesla in orbit was a huge promotional success.
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby Armageddon » Wed 23 Oct 2019, 17:08:00

The average person on the street probably doesn't realize that the Fed is responding to smoke coming out of the banking systems tailpipe, flames shooting out of the hood, and every warning light flashing bright red. Repo rates spiking to 10%? Nooo problem. We'll print.

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Re: Stock Market Crash! (merged) Pt. 10

Unread postby Armageddon » Wed 23 Oct 2019, 18:17:32

The New York Fed announced it is increasing its temporary overnight repo operations to AT LEAST 120 billion a day from the current 75 billion In addition to the repo increase term repo operations are rising to AT LEAST 45 billion from 35 billion This IS STOCK MARKET POSITIVE.

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Re: Stock Market Crash! (merged) Pt. 10

Unread postby Armageddon » Wed 23 Oct 2019, 20:34:20

PBOC INJECTS NET 60B YUAN IN OPEN MARKET OPERATION

510BN in last three days


America, your turn.
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby Armageddon » Thu 24 Oct 2019, 07:46:28

Durable Goods Orders Tumble In September, Business Investment Contracts Most Since Trump Elected

Fed injects a total of $134.2BN in liquidity yesterday

Economy is in free fall
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby rockdoc123 » Thu 24 Oct 2019, 09:45:03

Durable Goods Orders Tumble In September, Business Investment Contracts Most Since Trump Elected


Wow, sounds scary…until you bother to look at historic data when it becomes nothing more than a small amount of background noise.

change in durable goods orders

Image


Image

Fed injects a total of $134.2BN in liquidity yesterday


Looking at the balance sheet historically to put this in perspective the tightening that occurred post 2017 was significant, it will take a lot to get back up to balance sheet levels that were put in place post recession. Currently it still looks like they are increasing the balance sheet as it was deemed to be too low and once they reach the appropriate level they will stop.

the fed balance sheet

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Re: Stock Market Crash! (merged) Pt. 10

Unread postby shortonoil » Thu 24 Oct 2019, 10:28:15

PBOC INJECTS NET 60B YUAN IN OPEN MARKET OPERATION

510BN in last three days


America, your turn.


They will keep printing until the money stops flowing. The debt will keep growing, and the interest rate on money will continue to decline. The credit markets will freeze up when there is not enough spread remaining to make loaning money a profitable enterprise, and defaults wipe out any possibility of profitably. When the velocity of money falls to a specific level there will no longer be enough currency in circulation to create the required new debt. The existing system will then stops working. At its present rate of decline that will take place in the 1'st quarter of 2023 with a total debt of $524 trillion, and a money velocity of 1.236.

The central banks will most likely then install a new currency system. Judging by the amount of gold that the central banks are buying it will be a gold hybrid system of some making, or another. The economy will be in shambles, and with oil no longer capable of supplying positive leverage to the economy, and even the pretense of growth extinguished, conversion of existing assets into consumables will dominate what remains of the economy.

Without new energy production systems to replace oil the future will be one of constant contraction. The 160 year rein of oil is rapidly coming to its conclusion. Welcome to the end of the oil age!

This analysis assumes that there will be no further growth in world GDP, or that growth will be so tepid it will have become inconsequential

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Re: Stock Market Crash! (merged) Pt. 10

Unread postby StarvingLion » Thu 24 Oct 2019, 11:14:27

StarvingLion yesterday: "Ford stock will totally collapse tomorrow."


And what happens. F stock down 7% today. Every prediction I've made here has turned out true. I'm now the greatest genius who ever lived. Bow before me.

"Armageddon" goes Twitter crazy while Twitter stock is down 19% today.

TechnipFMC plc is a global oil and gas company that provides complete project life cycle services for the energy industry. It was ranked 23rd among world's Top 225 International Design Firms in the year 2017

FTI stock is down 12% today.
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby StarvingLion » Thu 24 Oct 2019, 11:29:32

The central banks will most likely then install a new currency system.


Surrrrre they will, BW. Then they will have to admit 80% of the Cities are Forever Insolvent and Unfundable.

What are they going to do with the new currency?

Answer: Fracking which is now thoroughly discredited. XOM and EOG are back to collapse mode today.
Last edited by StarvingLion on Thu 24 Oct 2019, 11:40:20, edited 2 times in total.
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby StarvingLion » Thu 24 Oct 2019, 11:32:18

Gold is soaring while the price of oil barely goes up. The Dow and SP500 junk is going nowhere. F investors got poleaxed.

Where is Comrade Cog explaining all this DOOM?
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Re: Stock Market Crash! (merged) Pt. 10

Unread postby StarvingLion » Thu 24 Oct 2019, 11:43:30

Armageddon wrote:The New York Fed announced it is increasing its temporary overnight repo operations to AT LEAST 120 billion a day from the current 75 billion In addition to the repo increase term repo operations are rising to AT LEAST 45 billion from 35 billion This IS STOCK MARKET POSITIVE.

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The phrase 'AT LEAST' means 'FOREVER'

Ghawar decline rate is massively increasing. KSA did a False Flag to cover it up.
Permian Basin "Oil" is worthless donkey pee.
Tar Sands is unfundable. Suncor stock is collapsing.

Is it any surprise they propped up that Commie Shit called Tesla as all this DOOM in oil is occurring. Comrade Cog will be outraged.

New TV Sitcom: "Coin Clipping with Cog"
In the first episode Cog explains to some Facebook groupie "That e-gizmo aint worth shit....here is some gov paper that is real shit"
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