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DayOwl
DayOwl
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Today
Jeff Nielson replied to the topic Re: Jeff Nielson, for Sprott Money: in the forums.
Bank ‘Data-Sharing’: Big Brother Goes Corporate

www.sprottmoney.com/news/bank-data-shari...da-sprott-money-news

Regular readers are familiar with the reality that most of the world’s major financial institutions (and all of the West’s Big Banks) are, in fact, a single entity: the One Bank. This has been established in two, totally separate ways...
01:17 AM
Yesterday
Jeff Nielson replied to the topic Re: Musical musings... in the forums.
This is not only quite a lovely tune, it's (arguably) The Eagles most-profound song. Undoubtedly there will be something in these lyrics upon which all of us can reflect. As with many of these rock 'n roll classics; this one is extremely prophetic.

It was released on December 8th, 1976...



P.S. This YouTube clip has the lyrics in the clip itself, but they're also reproduced below.





She came from Providence,
the one in Rhode Island
Where the old world shadows hang
heavy in the air
She packed her hopes and dreams
like a refugee
Just as her father came across the sea

She heard about a place people were smilin'
They spoke about the red man's way,
and how they loved the land
And they came from everywhere
to the Great Divide
Seeking a place to stand
or a place to hide

Down in the crowded bars,
out for a good time,
Can't wait to tell you all,
what it's like up there
And they called it paradise
I don't know why
Somebody laid the mountains low
while the town got high

Then the chilly winds blew down
Across the desert
through the canyons of the coast, to
the Malibu
Where the pretty people play,
hungry for power
to light their neon way
and give them things to do

Some rich men came and raped the land,
Nobody caught 'em

Put up a bunch of ugly boxes, and Jesus,
people bought 'em
And they called it paradise
The place to be
They watched the hazy sun, sinking in the sea

You can leave it all behind
and sail to Lahaina
just like the missionaries did, so many years ago
They even brought a neon sign: "Jesus is coming"
Brought the white man's burden down
Brought the white man's reign

Who will provide the grand design?
What is yours and what is mine?
'Cause there is no more new frontier
We have got to make it here

We satisfy our endless needs and
justify our bloody deeds,
in the name of destiny and the name
of God

And you can see them there,
On Sunday morning
They stand up and sing about
what it's like up there
They call it paradise
I don't know why
You call someplace paradise,
kiss it goodbye
...
02:29 PM
2 days ago
Jeff Nielson replied to the topic Re: Jeff Nielson, for Sprott Money: in the forums.
The Cure For Western Unemployment

www.sprottmoney.com/news/the-cure-for-we...on-sprott-money-news

In the commentary preceding this; readers were presented with the truth about Western unemployment, through correctly defining the term – within the context of our 21st century economies. The most important “context” here is the endemic structural unemployment, which plagues the entire Western bloc.

If we correctly define “unemployment”, through a more broadly inclusive measurement which captures this structural unemployment, we see actual unemployment rates of 20+% in all these economies. This translates into more than 100 million unemployed who need jobs across the Western world, with most of those unemployed being “structurally” (i.e. permanently unemployed)...
11:22 AM
3 days ago
Jeff Nielson replied to the topic Re: Full Mental Jacket in the forums.
Dylan wrote:
[quote]This is probably the weirdest Psy-Op of all time.I think it plays perfectly into the Old World Order`s agenda to misdirect with it`s "New World Order" propaganda. The original historical crackdown of the Bavarian Illuminati is itself remniscent of the type of false flag, patsy setup operation we have outlined on numerous occasions.

The Illuminati Card Game...




Lol!! I guess I should have read both of your posts before replying to the first one...

01:28 PM
Jeff Nielson replied to the topic Re: Ebola 'spreading' in Texas? in the forums.
Dylan wrote:
Although I am a gamer and agree wholeheartedly with what you wrote, Jeff, the reason I posted the pictures is not that I regard all this as a game, like the elites no doubt do, but because of the nature of this particular set of cards.
A set of cards like no other, made in the 90s which seem to lay out in incomparably spooky fashion, the plan for the New World Order. Whatever your views on the NWO, there is something of the Psy-Op about these cards so I will continue to elucidate in the Full Mental Jacket thread.

Interesing that the hoax card I posted below the Epidemic card has now vanished.




You should have added those additional observations with the first post.

...and if you can provide any link which shows a full set of those cards; I'm sure it would be an interesting pictorial.
01:26 PM
Jeff Nielson created a new topic "Mystery bidder" seeks to buy Detroit land in the forums.
Ordinarily, some mere "offer" to purchase real estate wouldn't merit a post on the Forum. But several points make this particular news item worthy of comment.

- the land purchase is in economically-ravaged Detroit
- the person/entity making the bid is a "mystery bidder" according to the mainstream propaganda machine), which almost certainly means they are talking about some agent of the One Bank
- this mystery bidder is seeking to buy SIX THOUSAND parcels of urban land in Detroit for a mere $3 million -- or $5,000 per parcel

Yet again; we see the rapacious modus operandi of the One Bank in action. Destroy something completely (in economic terms) then with a microscopic portion of its $TRILLIONS in free money (which it receives every year) it becomes a LAND VULTURE -- stealing vast quantities of (once valuable) at urban land, at pennies on the dollar.

And what happens AFTER the Vultures have bought up most of the land? Then Detroit will be "revitalized" (using oodles of tax-dollars). And the land purchased by the Vultures for pennies on the dollar will rise in value twenty-fold or perhaps even fifty-fold.

The world will NEVER be a fit place for people, as long as there are bankers running it.

09:22 AM
mathnerd wrote:
I for one was utterly unable to log in for about a week.

Has anyone else had this problem?


I'd encourage any other members who have had difficulties to chime-in here (so we can get some idea of the size of the problem).

At the same time; (for any who do have problems) you might find those "issues" clear up if you use a different browser.

09:01 AM
4 days ago
Jeff Nielson replied to the topic Re: New World Order in the forums.
debsyl wrote:


To be sure I have no idea why you brought Muslims into this thread, Jeff. Perhaps you think that I was suggesting that the SEVERE persecution of Biblical Christians will be done at the hand of the Muslims...


Those remarks were a follow-up to what I wrote right before that, that our (lying) governments are "telling you what you want to hear". In particular; that was a reference about all of the (alleged) "atrocities against Christians" -- ALWAYS by Muslim perpetrators -- as the EXCUSE/JUSTIFICATION for their war-of-genocide against Islam.

It's how they have acquired and maintained the support of (in particular) "the Christian Right (Wing)", as they drop bombs on the heads of innocent Muslims, month after month, year after year, decade after decade. And while we slaughter Muslims by the hundreds of thousands; we're told that THEY DESERVE IT -- for (supposedly) inflicting somewhere around 1% of that level of casualties against Christians.

It's nothing but a LARGER SCALE version of what Israel has been doing with its (captive) population of Palestinians for the last 30 years of its slow-genocide. There's a 100:1 KILL-RATIO (in Israel's favor); but Israel and our Corporate propaganda machine depict the Palestinians as the "villains".

I just don't understand why you have difficulty seeing/grasping the concept of "blaming the Victims" -- because it is such an obvious game here. And in the case of the 1,000+ year "Crusade" of the Christians against the Muslims, it's a very, very old game.

12:07 PM
Thanks Debsyl, I'm going to have make time to listen to this. How sad is it that Vladimir Putin is about the closest thing we have to a Truth-Teller among the "leaders" of our nations???

11:55 AM
Dylan wrote:
Jeff Wrote
Of course most of this supposed "terrorism" has been just terrorist wanna-be's -- clowns caught "plotting acts of terrorism" which were so clumsy and amateurish that no thinking adult could do anything other laugh at the absurdity. How are these clowns caught? Because they are PROVOKED into their "terrorist plots" by government infiltrators/agitators.


Most often these patsies are being told they are taking part in a drill. Hence their inexplicable acquiesence for such absurd plots.



Yes, one way or another, the Dupes who are goaded into these "plots" are fed false information of one form or another from the (government) Infiltrators who pull their strings.

It's one of the reasons why we're never given any "reasons" for these attacks by the propaganda machine. Very possibly the Dupes may believe that they are merely cogs in some much larger plot ("9/11" style), and before they have any idea they have been set-up, they've already been shot dead.

Since when does a murder suspect sitting behind the wheel of an automobile need to be shot dead, in order to stop/arrest him? Yes, he could accidentally be fatally shot, while (supposedly) perpetrating some mayhem, but having BOTH of these "terrorism suspects" shot dead (and the Dupes are always shot dead) is simply too convenient/coincidental.
11:53 AM
Jeff Nielson replied to the topic Re: Ebola 'spreading' in Texas? in the forums.
Lol!

I'm actually a "gamer" myself, and apart from their recreational value, games possess considerable INSTRUCTIVE potential -- in several respects.

First of all, many (most) of the electronic games around today are "simulations" of one form or another. And what people need to understand is that for DECADES our societies have relied upon electronic "simulations" of one form or another to train our pilots, train our generals (along with many other occupations), and provide science with LOADS of useful data which they can/have translated to the real world. This is because we've developed the capacity to design (either graphically and/or logically) SOPHISTICATED simulations, which provide skills/insights which do translate to the real world.

The second, perhaps even more important function for (mentally challenging) games is that they TRAIN OUR MINDS. From improving our aptitude in arithmetic (since most games involve juggling numbers) to improving our logical capacity; GAMES BUILD BRAINS.

11:45 AM
Thanks for the post, Debsyl!

First a little background here. First Majestic's CEO, Keith Neumeyer, is one of the ONLY mining CEO's to openly acknowledge the serial manipulation of precious metals, and First Majestic is now a mid-tier silver producer. I'm seen him at several GATA events in Vancouver -- back when I was welcomed there myself (lol).

I agree with you that the "silver cartel" idea probably isn't practical. Note that he compares the idea with OPEC, but there would be one, huge difference. OPEC was a league of NATIONS. What Neumeyer is proposing is a union of companies.

I simply don't think that "independent"(?) silver miners could ever create and enforce a silver cartel, because the only way a cartel can ever get taken seriously (and thus be successful) is if that cartel is ready/willing/able to simply shut off the flow of silver to the market. And certainly most of the LARGE silver miners are puppets of the bankers -- just like the large gold miners.

With respect to your comment:

How would a "few" less ounces in the market make a difference?

...is that a reference to First Majestic holding back about 1/3rd of their production from Q# (due to the ridiculously low price)? Because I actually think is the most significant news in the clip.

Yes, by itself, First Majestic can't change the world by withholding some (or even all) of its own production until prices firm somewhat. BUT think about two of my own favorite mantras/cliches:

pebbles in a pond
monkey see/monkey do

On the one hand; gestures like this (and the remarks which accompany them) are yet one more "pebble", to try to create some "waves", and actually attract the attention of the near-comatose Sheep.

On the other hand, based on the Doctrine of Monkey See/Monkey Do (lol); if other silver miners see First Majestic holding back some of its production, making a profit by doing so, and thus pleasing their shareholders, then these other Monkeys will copy First Majestic -- and start holding back production as well.

In other words; First Majestic can/will likely accomplish more simply by setting an example for other silver miners than through attempting to organize a "cartel" -- a proposition somewhat more challenging than "herding cats". Lol!

11:24 AM
5 days ago
Jeff Nielson replied to the topic ...and the next War begins in the forums.
It sickens me to live in societies which are SO gullible that they will listen to (and believe) any/every lie given to us by our Psychopath Governments, to justify their next campaign of murder and other war crimes -- against the NEXT target on their List.

It sickens me that once again we have (primarily) the U.S. government literally manufacturing another "opponent", so that they have at least some quasi-focal point for their murder and mayhem. For those who missed previous posts which referenced a superb clip from scgnews.com; you need to see that well-documented clip.

The Covert Origins of ISIS

It shows not only how the U.S. (literally) "built" ISIS (armed and funded it) in a step-by-step manner, but how this is part of a pattern, where the U.S. first creates these extremist entities as "allies". Then, once they have out-lived their usefulness; they are re-branded.

The Corporate media and our Psychopath governments DEMONIZE that entity with their lies and half-truths, depicting it as some ultimate Satan. Often they throw in a few false-flag events to add some 'reality' to their lies. Then (again and again and again) our Psychopath Governments tell us that "they have no choice" but to start another war.

And then their bombs start falling...



P.S. Note what the Psychopaths are really trying to "protect" here with their bombs -- and it's not people


U.S., allies stage 22 air strikes in Iraq: U.S. Central Command

www.reuters.com/article/2014/10/25/us-mi...dUSKCN0IE0H820141025

(Reuters) - The United States and its allies conducted 22 air strikes against Islamic State forces in Iraq on Friday and Saturday, the U.S. Central Command said.

U.S. warplanes also destroyed an Islamic State artillery piece near Kobani, Syria, officials said Saturday.

The 22 strikes in Iraq included attacks in the frequently targeted areas near the vital Mosul dam, the city of Fallujah and the northern city of Bayji, home of an oil refinery...
11:02 AM
Jeff Nielson replied to the topic Re: The Swiss Gold Referendum in the forums.
robinsld wrote:
Actually, thinking about the topic of election fraud, it's starting to become obvious that this is the rule, not the exception. Do we ever really have free and fair elections anymore???


I don't think you can have "free and fair elections" (in any definition of that term) without a competent electorate. So let me answer your question with a question. How long has it been since we had competent electorates voting for our governments...?

02:08 AM
6 days ago
Jeff Nielson replied to the topic Ebola 'spreads' to NYC...??? in the forums.
I would suggest again that it's still impossible to conclude whether the U.S. government is:

a) Deliberately spreading/creating a real "Ebola pandemic" (along with a fake-hoax); or
b) Simply manufacturing an Ebola hoax (and panic)

On the one hand; the latest "news" is again implausible to the point of absurdity. Here we have the same government which literally freaked-out (and over-reacted) to the totally trivial "SARS" virus which created brief concern several years ago, but now it's (supposedly) totally asleep-at-the-wheel as a MUCH, MUCH DEADLIER DISEASE starts hopping from one U.S. city or another.

Pandemic or pandemic hoax; either way NYC city is the natural place to extend this melodrama. It has (depending on which theory to which you subscribe):

i) The largest concentration of people in the U.S. to infect.
ii) The largest concentration of people in the U.S. to scare.

Either way; the "news" we are receiving here continues to scream-out: "manufactured event".




New York Man Diagnosed With Ebola, Health Officials Tracing His Contacts

www.bloomberg.com/news/2014-10-23/new-yo...ght-to-hospital.html

A New York City doctor tested positive for Ebola after returning from aid work in West Africa. Authorities are tracing his contacts while assuring the public the risk of contracting the disease is minimal.

It’s the first case of Ebola diagnosed in the nation's most populous city. The doctor, Craig Spencer, 33, is being treated in an isolation unit at Bellevue Hospital Center in Manhattan. At the same time, officials are monitoring those who were with him as he traveled on the subway, went bowling and had close contact with several people...
10:20 AM
1 week ago
Ah, yes: George Soros.

Former Nazi-collaborator in World War II (the source of his fortune), and now an infamous bash-and-buy artist -- constantly warning us of "gold bubbles", while he loads up on gold himself.

Now there is a "reliable source"...



P.S. Maybe Soros is hoping another major war will start -- so he can get someone to pay him (again) for selling-out his fellow citizens??
Oct 23
Facts: there were two (alleged) murders in Canada recently; one was a shooting, the other a traffic fatality. What do the two deaths have in common?

Both were allegedly perpetrated by Muslim Canadians, in both cases the "attacker" was (conveniently) shot dead. And Canadian puppet-Prime Minister Stephen Harper is calling both deaths "acts of terrorism".

What was the MOTIVE (i.e. reason) for these supposed "acts of terrorism"? None given, because there is no reason/motive. Once upon a time; acts of terrorism fell into a familiar pattern. First of all; some terrorist group would always "claim responsibility" for the action -- as what's the point of "sending a message" if no one knows who is sending it, or even what the "message" is???



The other familiar element was some strategic PURPOSE for the "act of terrorism". But not in our fantasy "War on Terror". In this mythological world; all of the (supposed) terrorists are crazy, and they do things for absolutely no reason at all.

Of course most of this supposed "terrorism" has been just terrorist wanna-be's -- clowns caught "plotting acts of terrorism" which were so clumsy and amateurish that no thinking adult could do anything other laugh at the absurdity.

How are these clowns caught? Because they are PROVOKED into their "terrorist plots" by government infiltrators/agitators. THEY supply the ideas. THEY supply the materials. THEY supply the financing. And then when they have manufactured enough evidence to claim there is a "plot", they arrest the clowns -- and tell us how lucky we are that our POLICE STATES are "fighting terrorism" on our behalf.

Of course even the Sheep would (will? are?) becoming suspicious about these "terrorist plots", so from time-to-time the Puppet Masters need to manufacture a few dead bodies -- so that the Sheep themselves won't begin to see the "War on Terror" for the utter sham that it is.

So a few innocent victims are murdered, and a few "terrorist" SCAPEGOATS are produced. Conveniently, almost always these are DEAD Scapegoats -- since "dead men tell no tales" (like who they really working for).

Meanwhile, outside of our sheltered/comatose societies (where REAL "acts of terrorism" take place) what do we find? That it was/is our governments (and mostly the U.S. government) who funded, and trained, and armed, and generally BUILT these "terrorist groups".

[Retired U.S. Lt. Gen. Tom McInerney admits (below): “We Helped Build ISIS”...]



The Covert Origins of ISIS
More, imaginary "terrorism"

The Road to World War III




Harper Insists Canada Will Not Be Intimidated By Terrorists

www.kitco.com/news/2014-10-23/Harper-Ins...d-By-Terrorists.html

Canadian Prime Minister Stephen Harper confirmed Thursday that both of the attacks that occurred in the country this week were acts of terrorism, carried out by Canadian citizens...
Oct 23
Jeff Nielson replied to the topic Re: The Swiss Gold Referendum in the forums.
We'll have to wait-and-see, guys. Personally, I suspect that there has already been a considerable amount of election fraud -- including in the most-recent election in my own province.

For decades; sophisticated polling had gotten so accurate that these polling companies had earned reputations for accurately predicting results, from relatively small voting samples. Now, suddenly, we're seeing election night "surprises" again and again, where polling companies predict a clear winner -- and that party loses.

The question is this: with the Sheep in our own societies still snoozing through all the economic fraud that our governments perpetrate (with barely a whimper), will any of the Sheep even NOTICE fraud at the ballot box...?

Oct 22
Jeff Nielson created a new topic The Swiss Gold Referendum in the forums.
Regular readers are aware that almost alone amongst Western populations; the people of Switzerland continue to act and think like citizens -- rather than serfs.

They had a vote (narrowly defeated) to put a hard cap on "executive compensation", which would have rolled back the obscene "compensation" which these Thieves steal from their own companies by as much as 90%. It would have also restored executive compensation back to the same levels it was at when there was prosperity across the Western world.

Limiting Executive Compensation: the Swiss Example
They had a vote (also narrowly defeated) to create the nations first "minimum wage" -- at the lofty level of $25/hour. However, since Switzerland already has the highest standard of living in the Western world, the vote was largely symbolic. More than 90% of Swiss workers already make more than $25/hr -- unlike the "WalMart" economies of North America.

Lies, Inflation, and the Minimum Wage
Now we see a new referendum on the ballot in Switzerland, this one titled simply "Save Our Gold".

If Swiss voters approve this initiative, it would impose three mandates on the Swiss government:

1) It should raise its gold reserves to 20% of total currency reserves.
(Bankers have always considered gold "currency", and in the Land of Bankers they know their money.)
2) It should (permanently) cease all sales of its gold reserves.
3) It should store all of its gold INSIDE Switzerland. (Obviously yet another "U.S. ally" has become deeply suspicious of American assurances that their gold is "stored safely".)

As reported at Basher Central; the "Yes" side currently has a significant edge in recent polls: 46% to 39%. However, expect this referendum to also be defeated.

Here readers need to understand that the previous two referendums also enjoyed significant popular support. But they were defeated through the relentless negativity and fear-mongering of the Corporate media and extensive lobbying by Big Business that "limiting executive compensation" or "raising (creating) the minimum wage" would somehow undermine Swiss prosperity.

With Switzerland being the closest thing to a "home" for the One Bank; our Bankster Overlords don't want to see "their people" setting a bad example for all the other serf-populations. Monkey-see; monkey-do.

The Serfs of North America (and most of Europe) would never think (all by themselves) to push politicians toward limiting obscene "executive compensation", which in relative terms is as much as 10,000% higher than normal (i.e. proserous) ratios. The Serfs would never think to force our governments to raise the minimum wage to something which people could actually live on.

But they might COPY another nation that did so first.

So expect the Banksters to muster enough support (or simply rig the polls) so that this ballot measure is also defeated. The Banksters don't want the Serfs to start asking "where's our gold?"




First Poll Shows 'Yes' Side has Upper Hand Ahead Of Swiss Gold Referendum

www.kitco.com/news/2014-10-22/First-Opin...Gold-Referendum.html

A slim majority of Swiss citizens said they would vote yes to force the Swiss National Bank to increase and hold on to their gold reserves, according to the country’s first opinion poll.

On Tuesday, 20 Minuten, Switzerland’s biggest daily newspaper, released the results of its online survey. According to the poll, which was conducted on Oct. 15 and had more than 13,000 respondents, 45% to 39% said they would support the “Save Our Gold” initiative. However, according to media reports, the survey also showed a high number of undecided voters...
Oct 22
Jeff Nielson created a new topic My latest interview... in the forums.
I just recorded another clip with Canadian host, Paul Sandhu, a few days earlier. For those not familiar with his work; Paul is a very astute individual, and a good communicator -- and so we tend to have very good, broad-ranging discussions.




youtu.be/p818rO0QZ7o
Oct 21
We see yet more evidence of the failure of the One Bank's efforts to stymie Indian gold demand, by blackmailing India's government into a near-total embargo on gold imports. As the One Bank has backed-off on its economic blackmail (through attacking/rigging the rupee in FX markets), we naturally see official imports rising back toward normal levels.

But even with official gold imports being relaxed; gold-smuggling into just keeps growing. The latest numbers from Basher Central confirm both of these points:

The government reported that in dollar terms, gold imports rose to $3.75 billion last month, which was the most since authorities imposed the so-called 80-20 rule in the summer of 2013.
...trade data from Switzerland, through which much of the world’s gold flows, showed exports of 58.5 metric tons to India last month, the most so far in 2014 and nearly twice the average monthly volume.

The point here (which regular readers know already) is that most of the gold flowing from Switzerland to India is SMUGGLED GOLD. We know this, because "exports" of gold from Switzerland to India had already exploded to unprecedented levels while OFFICIAL gold imports into India were still at near-zero levels.

Obviously if Switzerland is "exporting" gold (i.e. selling gold) into India, but India isn't "importing" that gold (officially), then it must be smuggled gold. Only in Switzerland (the Land of Banksters) do they classify gold-smuggling as an official "export".



The bottom-line here is that no one in India trusts India's government (or the Bankers lurking behind it). Thus all that the One Bank actually "accomplished" through its heavy-handed, short-sighted blackmail was to (permanently) reignite gold-smuggling into India (at massive levels).

This is a "gold trade" over which it can't exert any control, either in terms of quantities or PRICE. Indeed, as already noted, this massive gold-smuggling into India could be the trigger for the price-decoupling which I have suggested is the most-likely way for gold/silver manipulation to fail.



China/India Gold Demand: 2013 Déjà Vu


Indian Gold Demand Jumps During Run-Up To Diwali Festival
How India Evaded The One Bank’s Gold-Embargo
Gold Market Secretly Decoupling
Decoupling In Precious Metals Markets

P.S. We also can't forget what the One Bank's futile gold-embargo in India did to Indian silver demand -- i.e. causing it to soar to new, record levels.

Gold-Squeeze In India Stokes Silver Demand
Gold-Starved Indians Still Soaking-Up Silver

As George Bush Jr. would say: "Mission Accomplished"...



www.kitco.com/news/2014-10-21/Indian-Gol...Diwali-Festival.html

Gold demand from India picked up significantly ahead of the approaching Diwali festival, analysts and traders reported.

Diwali, the festival of lights observed by the country’s Hindu population, falls on Thursday and is an auspicious time for buying gold. India, in turn, is one of the world’s two largest gold-buying nations.

“Demand in India has noticeably strengthened ahead of this year's Diwali, especially after gold prices traded around the year's lows during the month or so before this key festival,” said Joni Teves, analyst with UBS...
Oct 21
It turns out that Warren Buffet is not the only "value investor" in the U.S. who is sitting on a huge pile of money, waiting for the bubbles to pop.

Eric Cinnamond had 75 percent of the money in his mutual fund in cash at the end of July because he couldn’t find enough cheap small-company stocks to buy. The stock-market selloff this month hasn’t changed his mind...

What's surprising in this Bloomberg propaganda is that they REPEAT that Warren Buffett is sitting on "more than $50 billion" in cash, and REPEAT that he is "waiting for a fat pitch" (lol!) -- i.e. the Mother of All Crashes.

You can't say that the Sheep haven't been warned...



Buffett Sits on $50 Billion Cash-Hoard, Waiting for Bubbles to Pop


Value Investors Hoarding Cash See Few Bargains After Rout

www.bloomberg.com/news/2014-10-20/value-...ains-after-rout.html

Eric Cinnamond had 75 percent of the money in his mutual fund in cash at the end of July because he couldn’t find enough cheap small-company stocks to buy. The stock-market selloff this month hasn’t changed his mind.

“While the recent decline is refreshing, in my opinion, small caps remain expensive given the insane heights they reached this cycle,” Cinnamond, manager of the $691 million Aston/River Road Independent Value Fund, (ARIVX) wrote in an e-mail.

A global rout in stock markets has wiped $3.3 trillion from the value of equities worldwide this month through Oct. 16 and the Standard & Poor’s 500 Index has slumped 6.2 percent since reaching a peak for the year on Sept. 18. The plunge hasn’t been enough for Cinnamond and other money managers who hold unusually high levels of cash, such as Stephen Yacktman of Yacktman Asset Management LP and Wally Weitz of Weitz Investment Management Inc., who say bargains still aren’t easy to find...
Oct 20

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