FDIC R.I.P - Eric Janszen

[Slimprofits]

Re: FDIC R.I.P - Eric Janszen

Sheila Bair's book is coming out soon.

Bull by the Horns: Fighting to Save Main Street From Wall Street and Wall Street From Itself.

Fortune Mag with an excerpt:

http://finance.fortune.cnn.com/2012/...ir-bull-horns/

[Slimprofits]

Re: FDIC R.I.P - Eric Janszen

Sheila Bair’s Exit Interview

Published: July 9, 2011

[jtabeb]

Re: FDIC R.I.P - Eric Janszen

The first step in the process is to establish a likely future for the U.S.

Re-inflation Rally Part I: Falsehoods, fantasies, fabrications, and fake-outs - Eric Janszen

Re-inflation Rally Part II: Prospects for self-sustained economic growth - Eric Janszen

Next we do a global analysis, based on recent research from Goldman Sachs, HSBC, Roubini, Larry Meyer, and the NY Fed.

Then we do a per-asset class analysis.

Finally, we do a reallocation based on all of the above.

Just to confirm, links indicate where you all are in the process?

[FRED]

Re: FDIC R.I.P - Eric Janszen

Fred,

Any update on this topic? It has been a few weeks. Did I miss something? Thanks.

Jimmy

The first step in the process is to establish a likely future for the U.S.

Re-inflation Rally Part I: Falsehoods, fantasies, fabrications, and fake-outs - Eric Janszen

Re-inflation Rally Part II: Prospects for self-sustained economic growth - Eric Janszen

Next we do a global analysis, based on recent research from Goldman Sachs, HSBC, Roubini, Larry Meyer, and the NY Fed.

Then we do a per-asset class analysis.

Finally, we do a reallocation based on all of the above.

[jimmygu3]

Re: FDIC R.I.P - Eric Janszen

We have our first major allocation change in many years coming.

Fred,

Any update on this topic? It has been a few weeks. Did I miss something? Thanks.

Jimmy

[hoodoo]

Re: FDIC R.I.P - Eric Janszen

Just a point - Brokerage Link is not a general feature of all 401K plans with Fidelity. Your plan administrator gets to decide. My sense after talking with a Fidelity rep yesterday is that this is an uncommon feature. My three Fidelity accounts are all completely restricted.

Crap.

Hoo

if you have Fidelity as your 401k manager they have a little known option available called Brokerage Link. Basically you put your money into an account and you can buy anything you want - you're no longer limited to company selected investment options.

It's been a lifesaver for me since the company options are a pitiful collection of all long mutual funds. They don't advertise it very well though so I've turned on lots of co-workers to that since I found out about it. If you don't have Fidelity maybe your custodian has something similar.

[ricket]

Re: FDIC R.I.P - Eric Janszen

So ... what coding is this? It doesn't seem to be seven bit ASCII in eight bits per byte presented in binary, because there is no column that has all zero's (the high bit of seven bit ASCII is always zero). The long runs of repeated '01' and '00' suggest to me that this is not an actual encoded sensible message at all - is that so?

It's encoded in 100% pure ricket. I just hit 0s and 1s randomly on the keyboard, and once I got a good number of them, I just copied and pasted them in a significant manner. So yes, your statement about it not being a sensible message is 100% accurate. ;)

So, you do understand what I mean.

Or do I perhaps guess whether or not maybe knowing whether this can or can't be quite not true to some extent or the other (or not) is actually readable?

ha - I just spent five minutes trying to see a stereogram that wasn't there.

Mission Accomplished! That's 5 minutes of your life you'll never get back...

[jpatter666]

Re: FDIC R.I.P - Eric Janszen

Coming tomorrow. That's what the recently debated subscription area is for.

Hey Fred,
Was that the Goldman Gold posting? Or is there something else yet to come (hoping).

[HDLee]

Re: FDIC R.I.P - Eric Janszen

"Repeat after me; there is more debt than money in the world and this can’t have a happy ending. Get it? Most of a quadrillion dollars in derivative debt just can’t be unwound. There isn’t that much money. Quadrillion, with not an M or a B or a T, but a Q. That’s US$1,000,000,000,000,000.00."

to quote Jeff - from his blog
http://jefflikestorant.blogspot.com/...-on-obama.html

[CanuckinTX]

Re: FDIC R.I.P - Eric Janszen

Also, within the 401K limitations it does me no good to hear about buying gold or oil.

if you have Fidelity as your 401k manager they have a little known option available called Brokerage Link. Basically you put your money into an account and you can buy anything you want - you're no longer limited to company selected investment options.

It's been a lifesaver for me since the company options are a pitiful collection of all long mutual funds. They don't advertise it very well though so I've turned on lots of co-workers to that since I found out about it. If you don't have Fidelity maybe your custodian has something similar.

[Scott4139]

Re: FDIC R.I.P - Eric Janszen

actually I'm at +6.0% annual for 5 years per Vanguard. Not sure what the 10 year return is as I was into real estate back then and just starting. This return was obtained simply by getting out early last year.

With a 20 year time horizon I don't have to be perfect. But @ 2-3% I'll need to work until I'm 100+.

Also, within the 401K limitations it does me no good to hear about buying gold or oil.

But then I have a lot of oil stock outside the 401k. Let's hope the future is bright for the integrateds.

[Basil]

Re: FDIC R.I.P - Eric Janszen

if so, not good. oil is essentially gold. however, it is an asset that generally collapses during economic contractions. in the last 30 days, these guys have doubled their gold and limited their Treasury exposure. that does not show faith in the immediate survivability of the System.

and since these guys admittingly and historically do not gamble at the casino(stock/commodity markets), if they are now going long oil after multiple years of patience and fortitude they are essentially moving away from paper, hence; trading in one's fiat for any and all assets. i-tulip has specifically stated that they have been in Treasuries and gold for around eight years with an occasional spec play( i believe short-term) at the blackjack table.

it's possible that we may be looking at an imminent devaluation, systemic breakdown(Gerald Celente) or a hyperinflationary scenario.

Oil is a different animal, and iTulip does treat it differently. As Fred has stated in the oil thread: "The iTulip thesis is that oil supply crash meets money supply boom either late 2009 or early 2010 at the latest. Oil and gold will both rise as proxies for future inflation as raw, intermediate, and finished supply declines faster than demand. This topic is thoroughly discussed in Ka-Poom Theory deflation-inflation two-step: Too complex for deflationsts to grasp? - Eric Janszen among other threads over the years."

That thread is where in a later posting he writes: "We're working oil into our thesis now. The trade is out of Treasuries and into oil. The question is timing and, as you say, how to buy oil. Stay tuned!"

This is what prompted my question.

[*T*]

Re: FDIC R.I.P - Eric Janszen

So, you do understand what I mean.

ha - I just spent five minutes trying to see a stereogram that wasn't there.

[rjwjr]

Re: FDIC R.I.P - Eric Janszen

0101010101111011010101010101??

So, you do understand what I mean.

[ThePythonicCow]

Re: FDIC R.I.P - Eric Janszen

0101010101111011010...

So ... what coding is this? It doesn't seem to be seven bit ASCII in eight bits per byte presented in binary, because there is no column that has all zero's (the high bit of seven bit ASCII is always zero). The long runs of repeated '01' and '00' suggest to me that this is not an actual encoded sensible message at all - is that so?