Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Wednesday, November 26, 2014

Late in the Pre-Apocalypse Party

"We all see the problems, we chart them, we track them...we know they're huge"

Semiconductors and oil service stocks cross over late in the cycle since Semis are the earliest cyclicals whereas oil service are late cycle. The "signal" worked flawlessly ahead of Lehman in 2008.

The red line is the Semioconductor ETF Minus the Oil Services ETF - to indicate relative strength inflection points, like the one that occurred in July 2008 and the one that occurred this past July 2014. The crossover signal worked in 2011 as well...

Profits Now. Apocalypse Pending.