Welcome to the Panopticon

Sun, Jan 5, 2014 - 11:57pm

The homestead here is in need of another female voice, so Turd has graciously allowed me to share some of my thoughts with all of you. Let me briefly introduce myself - and what you'll see here is only a small portion of the entirety of who I am - I have had many hats, including writer, life coach, yoga instructor and website wrangler.

Don't worry, I'm not going to regale you here with cheery self-help mantras and mindless affirmations. In fact, one of the reasons I moved away from life coaching was that I had a hard time putting on a chipper facade all the time. I would like to take the opportunity here to dig into some deep issues. There's a lot going on in the world right now.

As a complete disclosure, I help Turd out with the website (I am, in fact, the lady who built it along with help from the man known as "admin"). Let me just say that while I have never met Turd face to face, I have spoken to him many times, and he's an upstanding fellow. (And unlike some other people in this industry who shall go nameless, he always pays his bills! Yay!) He's a super sweet guy and people who are bashing him are probably just jealous.

I am not a financial expert, nor am I a trader, so I don't intend to write about financial markets that are so well covered by Turd and other fine folks here. Instead, I would like to focus on trends and issues that are often brought up in the community and that I hope you will find of interest. Sometimes I might just share various odd news bits or interesting tidbits here and there.

I titled this blog "The Panopticon," because it not only speaks to the ever-increasing eye of the hybrid corporate super-state upon the people, but the "panoptics" are in reverse here too, as we take a bird's eye view of events and trends to see the bigger picture. (Cue Alan Parsons Project:)

Alan Parsons Project - Sirius/Eye In The Sky

One of the greater themes of this blog is "the future" and what it's going to look like. Since I am a technology person, I am taking great interest in the tsunami of new technology coming out, much of which has very serious consequences for our personal privacy and future freedom. (Google Glass? No thank you!)

Speaking of tsunamis, things at Fukushima are heating up (literally) and I intend to pass along information about this very serious situation that the mainstream media is almost entirely ignoring. Steam is pouring out of the planet, fish die-offs are reported in the Pacific, and a big plume of radioactive seawater is converging upon the California coast. (If you have not heard it yet, I would highly recommend listening to the Coast to Coast AM Fukushima Special from November of 2013, hosted by the fantastic John B. Wells. It may be from two months ago, but is still worth a listen.)

Speaking of California, and as a point of interest perhaps, I had an awful feeling about my living in Los Angeles prior to "bugging out" and moving to Texas six months before the Fukushima earthquake hit. The feeling I had then in Los Angeles was a feeling of impending doom and a smell of death. I am relieved I got out before all that radiation hit the West Coast. (If you are still in California, I hope you have some iodine on hand!) For whatever the reason, I feel Texas is the place I need to be for the moment. That may change in the future, but for now, this is where I will be if things go nutty in 2014.

I share this just to give you a heads up that sometimes I work "intuitively" - but don't worry, I'm not going to be running a psychic hotline here. If you don't believe in that sort of thing, you can roll your eyes, that's fine with me. All I can tell you is, it seems like things are speeding up and we all may need to just buckle in for the ride.

As I write this, the wind is howling outside as an Arctic cold front is pushing its way across the United States. This inevitably leads to jokes about our impending "global warming." Yet, I'm inclined to think, if anything, we are headed for another mini-Ice Age, ala "The Day After Tomorrow." (Does anyone else have a strange fascination with disaster movies? I do.)

2014 is poised to be a big year, and a crazy one.

PS Please feel free to PM me with story suggestions and news tips. I apologize in advance if I am unable to respond to all messages, or respond in an untimely fashion when I do get around to writing back, but I will greatly appreciate any (constructive) suggestions. Thank you!

Stephanie blogs sporadically at a number of websites, including Freeople and Free Thinking Christianity.

About the Author


Jan 7, 2014 - 12:40pm

Profuse apologies...

...to Admin, and to all here for screwing up your log-ins. I was unaware that the chart I posted was the exclusive property of Dow Theory Letters. I purposely didn't include some of the commentary that went with it because I didn't want to violate RR's copyright. Apparently, that didn't work out too well!

Mea culpa. Mea maxima culpa.

Jan 7, 2014 - 9:51pm

Harvey's Up! (TFMR)

  • Harvey: I wrote the following last night, "Tomorrow will be a critical day for gold. The past 3 days, we have seen gold up 2%, then 1% and today steady at zero. James McShirley of GATA states that when he sees this, the 4th day is a smash. Let us see if physical demand can overpower the paper gold players." The crooks orchestrated a raid today stopping gold and silver's 3 day advance. Today's GOFO readings are, oh! oh!! GOFO is till showing major stress as we have the first three months in backwardation
  • Richard Russell (via King World News): Optimism in the stock market remains very high. Investor's Intelligence lists bullish advisories at 61.6% -- a five year high, with bearish investors at 15.2%. At the same time there are 6 distribution days on both the S&P and the NASDAQ. With the Industrials and Transports both at recent record highs, the Averages continue to point higher. But caution is still warranted. Meanwhile, gold creeps quietly higher. If gold hits the 1270 box, it will be a victory for the bulls. Gold tested the low at the 1190 box, then rallied to 1237. Gold must now hit 1270.
  • Richard Russell: The reason I like gold is that it affords protection against the ignorance of mankind. In the history of mankind, only gold has been considered pure wealth. It is wealth standing on its own, minus the weakness and stupidity of mankind. From the standpoint of peace of mind, I have decided to watch the show along with my largest position – bullion gold – and that’s where I stand at this time. I don’t care where gold goes in terms of dollars. But I do care where the dollar goes in terms of gold. From an economic standpoint, with America’s debts as massive as they are, I don’t see how any equity investment can provide peace of mind. Our national debt is now above $17 trillion. I don’t see how this debt will be resolved, while at the same time allowing us the gift of peace of mind.
  • Tom Fitzpatrick (via King World News): Gold posted a bullish weekly reversal at the lows last week. This was from the same level at the 2013 low which means we could be setting up for a double-bottom pattern. Also, weekly momentum has crossed back up from low levels. Overall, we would expect to see a decent bounce and would be focused on the double-bottom neckline at $1,433 (which is where a downward sloping trend line also converges). A Weekly close above there would amount to a decent medium-term bullish break that would open the way for an eventual test of $1,685.
  • Ron Rosen (via King World News): 2014 will be the year of the upside explosion in gold and silver. 2014 will also be the year the S&P tops and the stock markets endure a historic plunge. As I have previously mentioned to you, the S&P will lose a stunning 2/3 of its value. On the flip side, gold has bottomed and it will take off to the upside in a huge explosion. The bottom for gold is already cemented in place. There is no doubt whatsoever the manipulators will be defeated. They will be slaughtered. Not only that, the markets will have to undo the manipulation they implanted, which will make the whole matter much worse than if they just stayed the hell out of it. If they try and play with the markets, they will get their heads handed to them, which means the people who live under that government are going to be slaughtered along with them.
  • Ron Rosen on QE: I’m in my 80s now and I can confidently tell you that our money is being destroyed before our eyes. They have totally annihilated the United States of America and guaranteed a disastrous future for our children and grandchildren and what’s left of the rapidly disappearing middle class. This is why they can never defeat the natural forces of this gold bull market, and if they try, they will destroy us all.
  • Goldcore (Mark O'Byrne): Gold futures sharp $30 drop or 2.5% in seconds, from $1,247 to below $1,215, on 4,200 contracts triggered yet another trading halt - this time of ten seconds. The trade occurred fourteen minutes after economic data was released on U.S. factory orders and ISM services index data. The flash crash had the hallmarks of price manipulation. It is nearly impossible to tell and the sell off could have been a fat finger trade or a large fund or bank liquidating a gold position. However, given the degree of market manipulation that banks have been found guilty of in recent months (Libor, foreign exchange etc), manipulation is a real possibility. In order to protect investors and the integrity of markets, regulators internationally should again investigate the gold futures market where such manipulation appears to be taking place nearly on a weekly basis now. This week’s key drivers of the gold market may be the U.S. FOMC minutes released on Wednesday and the December jobs data out on Friday.
  • Retuers: Gold settled lower on Tuesday, snapping five straight sessions of gains, as a stronger dollar and rebound in U.S. stocks triggered profit-taking following bullion's early 2014 rally. Analysts said gold appeared to find support from funds' index rebalancing and equities' losses following last year's tumble in bullion prices and stock markets' record run-up. However, a rising interest-rate environment after the Federal Reserve announced plans to trim its massive bond-buying plan and an improving U.S. economic outlook could pressure gold, analysts said. "While further upside cannot be ruled out in the short term..., the macro backdrop remains intact and so are the challenges that are in store for gold for the rest of this year,'' said UBS precious metals analyst Joni Teves.
  • Dave Hodges: America is on a collision course with a brutal civil war. The most important question in the debate based upon the present circumstances: If a civil war was not inevitable, then explain how the military and this administration are going to get past the fact that this “false flag” President has fired over 200+ military command officers? And there is a second important question: Why have 14 state governors restructured their respective state military organizations so that they are not under the control of Obama? Whenever 200+ leaders of any organization are fired in a short period of time, the person doing the firing has formed a group which opposes them. These military leaders had great influence and close ties over those that they have commanded. Obama just did not fire over 200+ military commanders, he alienated, tens if not hundreds of thousands of military personnel who based their professional loyalty to their military commanders and they will resist their foreign born Commander-In-Chief as a result of this betrayal of trust.
  • Myra Saefong (MarketWatch.com): Gold futures suffered a sudden, brief drop in prices early Monday on the Comex division of the New York Mercantile Exchange, with market watchers blaming the move on everything from a "fat finger: to trader liquidation to price manipulation. According to Nanex, a trade of about 4,200 contracts sent February gold tumbling by $30 an ounce on heavy volume at around 10:14 a.m. Eastern and triggered a 10-second trading halt. Prices fell from about $1,245 to around $1,215 an ounce in just moments. The crash came about 14 minutes after the release of U.S. factory orders and ISM services index data. Harvey: The mainstream media is now picking up on yesterday's supposed "flash crash". In reality it was strictly government intervention.
  • In the last two days, 26+ tonnes was delivered on the Shanghai Gold Exchange. The enormous physical off-take in China is a freight train w/out brakes. From Standard Bank: “In the physical market we are witnessing strong demand. Since the start of 2014, the SGE premium has jumped higher, reaching $18/oz this morning. The buying frenzy, especially in China, comes on the back of the seasonal demand pick-up ahead of the country’s New Year, which starts on 31 January. More broadly we have also noted an improvement in Asia demand for gold since mid-December. This is evident in the pickup of our Standard Bank Gold Physical Flow Index. The manipulation in the gold market is getting worse by the day as the demand for physical gold from the eastern hemisphere begins to accelerate.
  • Bill Holter: Some have asked the question "why does it even matter?" when it comes to whether we still have the gold in Ft. Knox or not. The answer to my question is pretty easy. "It doesn't and won't matter until it does". Yes I know, that's a simplistic answer but...when it does finally matter, it will REALLY matter because when a currency is no longer accepted it collapses in value and "hyperinflates" so to speak. Are German Reichmarks or Confederate dollars accepted anymore? Do they have any value other than historical? Would they still have value if they were backed by gold? Yes I know, they were both defeated in war...partly because they did not have gold to fund their operations. The same thing could be asked about the Russians...who ran out of gold in 1990. They seem to have learned by that mistake.

All this and more on...

The Harvey Report!




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