FDIC R.I.P - Eric Janszen

[Supercilious]

Re: FDIC R.I.P - Eric Janszen

EJ, this was a great piece. But the title is somehow inappropriate and even slightly misleading . Can it be changed from FDIC R.I.P. in something closer to the obvious? ... something like .... FDIC R.I.P.ed off

[FRED]

Re: FDIC R.I.P - Eric Janszen

It's tomorrow.

Moved to next week. A bigger story rolled in. They just keep on coming!

[bpr]

Re: FDIC R.I.P - Eric Janszen

Moved to next week. A bigger story rolled in. They just keep on coming!

Well played! The lynchpin of a successful serial is suspense!

[dloomis]

Re: FDIC R.I.P - Eric Janszen

Moved to next week. A bigger story rolled in. They just keep on coming!

Let me guess - is this the bigger story?

US Stocks Slide After Tsy Auction

By Rob Curran
Last update: 2:56 p.m. EDT March 25, 2009

U.S. stocks slipped into the red midsession after a surprisingly weak auction of five-year Treasury bonds overshadowed promising readings of home sales and orders for big-ticket goods.
Recently, the Chinese government has spoken publicly about its worries about the U.S. dollar and Treasury bonds because of the financial crisis, and the resulting government spending. The Treasury Department and Federal Reserve argue that hundreds of billions of expenditure on economic stimulus and bank stabilization is the only way to get the U.S. economy back on an even keel.

...snipped the rest...

[FRED]

Re: FDIC R.I.P - Eric Janszen

Well played! The lynchpin of a successful serial is suspense!

Goldman Reports on Gold

[jk]

Re: FDIC R.I.P - Eric Janszen

surely goldman recommending gold, merely affirming our long held beliefs, is not a bigger story than beginning to move out of tbills into a new, non-pm position.

[FRED]

Re: FDIC R.I.P - Eric Janszen

surely goldman recommending gold, merely affirming our long held beliefs, is not a bigger story than beginning to move out of tbills into a new, non-pm position.

The Goldman report came out today and will be old news tomorrow. We change allocations every ten years or so, on a much wider time scale.

[jk]

Re: FDIC R.I.P - Eric Janszen

The Goldman report came out today and will be old news tomorrow. We change allocations every ten years or so, on a much wider time scale.

i know, i know. itulip calls are usually not time-urgent. but, on the one hand, i couldn't resist teasing you a bit, and on the other hand, i couldn't resist making clear that i, for one, value an itulip call far more than some report from [mere] goldman sachs.;)

[rjwjr]

Re: FDIC R.I.P - Eric Janszen

I want to thank Mr. Janszen and others on this board for providing such a wide range of helpful insights into this fiasco. Eric gave me the final nudge to shift the lion's share of my retirement from stocks to treasuries when I first came upon ITulip in the fall of 2006.

My wife and I moved from a small mid America town to the Detroit Metro area in 2003. I remember her asking me in the summer of '06 where these people got all their money. My tongue and cheek response was that they were all in debt. At the time, I did not quite appreciate the true magnitude of the problem. It was not too long after that day that it became painfully obvious what was coming, if you chose to look. We kind of led the charge into the abyss here in car country.

Anyway, enough rambling. I just registered to the forum yesterday and am looking forward to sharing in some thought provoking discussions as this economic "transition" continues to unfold over the coming years.

Thanks again.

Welcome to the site. I'm a newbie also (3/4/09 subscriber) and have lost much sleep getting caught up on the incredible wealth and breadth of information and opinions here. Of course, it's better than the sleep I was losing through worry and a sense of being in the dark. EJ, ITulip, and the entire supporting cast are truly a beacon of light and hope that we'll make it through this fiasco; if not whole, at least in a stronger relative position to the uninformed.

I look forward to your contributions , but that first decision you have shared...moving from a small midwest town to Detroit...is already a little suspect. ;)

[rjwjr]

Re: FDIC R.I.P - Eric Janszen

Very illuminating column for those of us who don't watch all the financial news. The last paragraph had enough meat in it to induce non-subscribers to subscribe, as well.

On the other hand, the sentence structure continues to be quasi run-on sentences. Phrase after phrase is packed into single sentences, as if periods cost $10 each. I also think I spotted a couple of missing commas, which makes long sentences worse. With these columns already containing pretty esoteric information and words, sentence structure should not be an impediment to its easy comprehension. Also trying to stick to a "introduction/meat of the column/summary and conclusion format is more effective than shotgunning concepts.

Everyone's writing could use editing for clarity. The writer knows what he means, others may not grasp it so easily.

Is "FRED" actually allowed to edit the columns? The "FRED" posts I read are always concise and flow well.

I'll be brief here but I can't understand this post as it has too many weird commas and periods and all kinds of silly symbols that I have rarely seen myself let alone tried to use myself so as I said I just couldn't understand the point that the poster was trying to make other than it may have had something to do with shooting because I did recognize the word shotgunning although I don't know if shotgunning is actually a word because I looked it up in the dictionary and in spite of the disctractions I had being at work I couldn't actually find the word to which I earlier referred which was shotgunning. Know what I mean?

[ricket]

Re: FDIC R.I.P - Eric Janszen

I'll be brief here but I can't understand this post as it has too many weird commas and periods and all kinds of silly symbols that I have rarely seen myself let alone tried to use myself so as I said I just couldn't understand the point that the poster was trying to make other than it may have had something to do with shooting because I did recognize the word shotgunning although I don't know if shotgunning is actually a word because I looked it up in the dictionary and in spite of the disctractions I had being at work I couldn't actually find the word to which I earlier referred which was shotgunning. Know what I mean?

01010101011110110101010101010000000110101010101010 00001010111110100001011110101010100110010101010101 00000100000100000000000110101101011111110101010000 01001010100101010101111011010101010101000000011010 10101010100000101011111010000101111010101010011001 01010101010000010000010000000000011010110101111111 01010100000100101010010101010111101101010101010100 00000110101010101010000010101111101000010111101010 10100110010101010101000001000001000000000001101011 01011111110101010000010010101001010101011110110101 01010101000000011010101010101000001010111110100001 01111010101010011001010101010100000100000100000000 00011010110101111111010101000001001010100101010101 11101101010101010100000001101010101010100000101011 11101000010111101010101001100101010101010000010000 01000000000001101011010111111101010100000100101010 01010101011110110101010101010000000110101010101010 00001010111110100001011110101010100110010101010101 00000100000100000000000110101101011111110101010000 01001010100101010101111011010101010101000000011010 10101010100000101011111010000101111010101010011001 01010101010000010000010000000000011010110101111111 01010100000100101010010101010111101101010101010100 00000110101010101010000010101111101000010111101010 10100110010101010101000001000001000000000001101011 01011111110101010000010010101001010101011110110101 01010101000000011010101010101000001010111110100001 01111010101010011001010101010100000100000100000000 00011010110101111111010101000001001010100101010101 11101101010101010100000001101010101010100000101011 11101000010111101010101001100101010101010000010000 01000000000001101011010111111101010100000100101010 ??

[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?

[rjwjr]

Re: FDIC R.I.P - Eric Janszen

0101010101111011010101010101??

So, you do understand what I mean.

[*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.

[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.