So Santelli went off, and LIESman made a fool of himself again. Historical comparison would make Santelli Paul Revere and LIESman like Baghdad Bob. In Santelli Goes Berserk, Slams Fed Which Was "Not Created To Be A Feel-Good Institution" we finally get a dose of truth rarely spoken via the MSM for the sheeple to hear. Of course LIESman is there to calm the nerves of the uninitiated dreamers.
"Santelli is right no matter how loud his screamfests grow; frustration with the ever-more blinkered mainstream who know just how "high on supply" we have become but also know just how devastating another fall will be for it will expose the truth that nothing the Fed does is real... or creates lasting wealth..."
And as I say over and over and over again, they can NOT let it fall. They can't. That's been the whole spirit behind my ability to not call a top, no matter how many sensational technical tops there have been. Look at the 5 FIVE overthrows I show all the time. Look at the most recent ridiculous situation we're in overthrowing the overthrow (when you and I both know it's all on false premise). We've been saying it for years. Why? Cause their illusion of recovery will be exposed, and everything will literally deteriorate right in front of your eyes. It's gonna happen. It is inevitable. When is the only question?
The Fed is losing control. Global stability is waning. The WRC (fiat dollar) is going down. It is only a matter of time now. I warn over and over again, get out. Start to remove profits and diversify out of fiat into anything that's real. Call a top? I'm going to soon, right or wrong. We're in my window now. The top in reality was set many years ago. Now we need to decipher the top in fantasy.
SPX Daily - If she pops up to double resistance and a double top here the recent negative divergences will only worsen. The narrowing BB's are screaming coming volatility. Overthrowing the overthrow to fresh new all time highs, that shit only happens in Hollywood, which may as well be producing this tale. Sadly the ending will not be storybook in this case. Sub 1960 things get interesting which opens a window to 1920. Sub 1920 and something broke.
In the comments yesterday some were questioning KD and his 4chan information. May I suggest that you old timers listen carefully to what this youngin pulls off the dark web. Where KD delves is a place that rarely I even go. It is a maze of massive proportions that only the youthful and really devoted can navigate or decipher. It is a place where truth is spoken and where secrets are revealed, but only if you know where to look. When KD brings up 4chan stuff, no matter how distasteful or horrible it may sound (their fault, not his) , he does it for a reason. KD's been posting here for years and he brings a bend to this blog that no one else does. He's an extremely valuable and respected resource for STB. STB really likes and appreciates what KD brings to the table.
More to come below.
Have a good day.
GL and GB!