Monthly Archives: November 2015

Nov 19 2015

None of the old rules apply now!


Welcome to the New Age Economy – Even Buffet Cannot Make the Transition

Posted on November 19, 2015 by

Behind-Models

QUESTION: Mr. Armstrong, I diversified my money into a number of hedge funds and I lost on each and every one from gold, commodities, stocks that did not even match the S&P 500 to those who piled into oil. It seems 2015 has been a total wipe out for professionals. It would be great if you restarted your hedge fund. You won hedge fund manager of the year when everyone blew up on Lon-Term Capital Management. What will it take to get you back in the game?

PD

ANSWER: I understand. Sorry, I really do not want to get “back in the game.” It is a personal issue of time and quality of life rather than money. I could not spend it anyway. When you make billions, it becomes monopoly money for punts. It is way too much to alter your life. Go too far and the money owns you.

We are entertaining proposals to set up funds using our models. It is hard because you have to have the discipline to do whatever it says and sometimes its most fantastic calls even made me say, “OMG!” So if it made me question whether it would be right, I knew it would be because the majority must be wrong.

I understand this has been the worst year for professionals since the 2007-2009 crash. Even Warren Buffet’s Berkshire has been unable to match the returns on the S&P 500. Buffet’s traditional investment strategy is not cutting it for this New Age of Economics. Buffet has had a very bad year so far. The flavor of the year was to pour into debt, which has come back to haunt many hedge funds. Overall, this has been the worst year since 2007 for hedge funds. They had their head handed to them on oil stocks to say the least. This has led many to question if hedge funds have simply lost their way. Those funds that piled into commodities and gold have lost billions. One fund lost $830 million on a single Swiss Franc trade.

This is a new era and if you do not comprehend what is going on — even if you are a professional — you will lose everything based upon what is coming. This is not going to be easy for anyone. What lies behind the curtain is far more complex than anyone realizes right now. The next couple of years will see some professionals completely blown out of the water. Traditional models will simply fail.

Nov 19 2015

The EU will be gone before the end of next year.


France Exempting Itself from all EU Rules

Posted on November 19, 2015 by

hollande-franc3a7ois-2

Do politicians ever really care about society? President Hollande wants to change the French Constitution, but he also wants to extend the state of emergency indefinitely. Why? Is this really about terrorism? Sure, more than 80% of the French are willing to give up civil liberties for security, just as Americans responded after 9/11. That is the problem, for once power is given to government it is never returned. That is just a fact of life.

However, it now turns out that France cannot meet the EU criteria, as was the case for Greece. Therefore, the politicians in power want to extend the state of emergency because that exempts them from all EU economic criteria. Nothing but nothing can ever be just straight up. Increase your security, of course. That’s understandable. But to extend a state of emergency for political purposes seems to be a secret political bonus. The euro is doomed anyhow. This just illustrates that the second largest member is also in the same position as Greece. They are using the siege of Paris as their get out of responsibility card in this game of Monopoly.ill not exist in 12 months

Nov 19 2015

Two New Hampshire Polls Produce Almost Identical Results – Donald Trump Extending Lead, Carson Support Shrinking Quickly…


Trump needs to take out Rubio now he’s the only one that I think could hurt Trump at this point.

Nov 18 2015

WHITE HOUSE: PRESIDENT WILL VETO PROPOSAL FOR MORE REFUGEE SCRUTINY…


Obama is a total loser and will be known forever as a JOKE — it may take Trump a while to undo all his crap but it will be undone and the Democrat party will be forever known as the party of fools.

Nov 18 2015

Report: Eight Syrians Caught Crossing U.S Mexico Border…


The real question is how many have already gotten in? Also since the bulk of the “refuges” are young men who have come here without their wife’s and kids this must mean they are cowards for a real man would still be there defending his family. I wonder if all Muslim men are cowards today and if so I guess it would be easy to beat them as they are afraid of real American men it would seem since then only go after women and children — what a bunch of losers.

Nov 18 2015

The #ColdAnger Postcard Campaign – Reminder


I’ve designed printed out and mailed or given to other to mail well over a 100 postcards. I’ll be on my second back this week they are coming from all over Cleveland Ohio.

Nov 18 2015

Paris: Muslims tortured, dismembered and slit the stomachs of victims at Bataclan Theatre


The Muslims are animals there perverted beliefs were reject by the rest of the world centuries ago yet they still come after us.

Nov 18 2015

Great Interview – Michael Savage Interviews Donald Trump Today…


If what Savage said at the end of this interview with Trump is true and I strongly suggest you list to the interview, then there is ZERO thought about where Obama’s loyalties are —- and it isn’t with America!

Nov 18 2015

Does anyone doubt that Obama supports Islam and ISIS?


Post by Jeff Longo

Just hours before the worst terrorist attack in French history Barack Obama stated “ISIL continues to shrink” and “we have contained them.” Delusional doesn’t begin to describe how out of touch with reality Obama remains on the danger facing the United States and her people. Since taking office he has refused to recognize radical Islam as the enemy that wants to kill as many Americans as possible. How can we  expect to defeat an enemy when the Commander in Chief refuses to identify them?

As a proud leftist and a proven liar Obama continues to mislead the American people. We now know that at least one of the terrorists held a Syrian passport and  was hidden amongst the tens of thousands of Syrian refugees who entered Europe. Just after the attack the Obama regime announced there would be no change in the Obama plan to allow ten thousand Muslim refugees into the United States. The question isn’t will there be Islamic jihadists imbedded with these refugees the question is how many will there be? As if this weren’t enough insanity the Obama regime chose this weekend to release five  more hardened terrorist from the prison at  Guantanamo Bay. These are not the actions of a president who cares about the security of the country he has sworn to protect.

This well coordinated attack on Paris was carried out by eight Islamic jihadists and sends a clear message they will soon be coming for us. ISIS recently stated that “American blood is the best and we will taste more.” We are being led by a federal government infested with corrupt, inept political cowards and they’re driving us to national suicide. The president’s legacy and the job security of a bloated government bureaucracy appears to be far more important than the security of our Republic. Washington is out of control and it’s past time the patriots of this nation demand to be heard. Call your representatives and insist they defund every penny that would go towards Obama’s reckless refugee program. If Democrats threaten to close the government, let them to close it down. The Obama refugee policy will kill Americans.

 

Nov 18 2015

Obama Must Resign or be impeached!


By Prof. Paul Eidelberg

According to Article II, Section 4, of the United States Constitution, “The President, Vice President and all civil Officers of the United States, shall be removed from office on Impeachment for, and conviction of, Treason, Bribery, or other high Crimes and Misdemeanors.”

We the People

On the basis of Article II, Section 4, former Congressman Allen West advocated the impeachment of President Barack Obama, as did former Congresswoman Michele Bachmann.

In response to the Iranian threat “Death to America,” Congresswoman Bachmann declared:”We take this threat seriously, when will Obama stop defending Islam long enough to defend the country?!

Also noteworthy, Brenda J. Elliott, an award-winning historian, and Aaron Klein, investigative journalist, have co-authored a scholarly book Impeachable Offenses: The Case for Removing Barack Obama from Office. And there many other scholars who agree with this assessment

However, since Iran has virtually declared war on the United States, and since it is on the verge of becoming a nuclear power, and further, since Mr. Obama has concluded a nuclear agreement with Iran that further endangers the United states, the Impeachment of Obama would be a slow as well as a politically precarious matter.

Nevertheless, now that several members of Congress, cognizant of Obama’s incompetence as a wartime president, would like to see Obama resign, but recognizing the delicacy of pressing America’s first black president to retire from office, a biracial public movement should be organized to facilitate his departure. Let’s face it: America under Obama has become a laughing stock. Even Arab states regard his presidency as a clear and present danger to regional and international security.

This is not a partisan matter. At stake is the future of the United States. Inverted racial prejudice should not maintain Obama in office.

Although Vice-President Biden often has his foot in his mouth, he would not be a “post-American” president like Mr. Obama, who has displayed nothing but contempt for America’s foundational documents, the Declaration of Independence, and the Federal Constitution.