- Put up or shut up…
- “Let justice be done though the heavens fall”…
- One neglected part of Trump’s economic agenda is making certain everyday investors up to $58,000 a year, depending. Want to join them? Well, you need to pay attention to one government meeting on October 29th.
Dear Reader,
I am an extremely cynical fellow, claim some readers.
I am habitually emptying buckets of cold water upon parades, sniffing skunks in woodpiles, yelling wolf about this or yelling wolf about that.
Here a reader gives me a good round piece of his mind:
- I have put up with your ramblings about the financial world coming to an end…
- Here is a fact. Nothing has happened. If people had listened to you, they would have buried their money with zero return, unlike the markets, which continue to go up. Who cares how or whether it’s wrong or right? It still is going up.
- So unless you can provide a date and time for financial Armageddon, I will continue to reap rewards from fools, be they the Fed, federal government or the debt-ridden world.
Just so. Yet I can spare this reader needless suspense. I never can issue the information he seeks:
“A date and time for financial Armageddon.”
Nor — for the matter of that — can anyone else.
Biblical Wisdom
“You will know neither the day nor the hour”… as the Good Book reads.
Not even the Son of God Himself knows — by His own admission.
But the reader’s tort against me contains justice — by my own admission.
Day upon day, I moan about the (increasingly) debt-ridden world. I holler against the Federal Reserve.
I shout about an approaching stock market collapse… as the fabled boy shouted about an approaching wolf.
How many phantom wolf sightings can a fellow endure? He eventually turns a deaf ear… as this reader has turned a deaf ear to me.
“Who cares how or whether it’s wrong or right,” he razzes, justifiably. “It still is going up.”
The facts are the facts and I cannot deny them.
The market is still going up — and then some more — despite all risk indications, despite all the angels of hell.
The Most Profitable Market of All Time
Reports The Kobeissi Letter:
- The S&P 500 has now added +$3 TRILLION since its October 10th low after President Trump’s 100% China tariff was announced.
- This is the most profitable market of all time…
- The Nasdaq’s market cap has exceeded the NYSE’s market value for the 4th consecutive month, making it the world’s largest exchange.
- This is only the 2nd time Nasdaq has overtaken the NYSE, the first being in 2021…
Its total value has DOUBLED over the last 3 years, driven by a massive surge in technology stocks.
I have never denied that the stock market can be lucrative. Nor would I deny that bank robbing can be lucrative. Or that streetwalking can be lucrative.
I have merely questioned its authenticity — and its justice.
I Just Want an Honest Fight
As I have argued before:
The stock market should be a scene of free and open combat. Bull and bear, bovine and ursine, let them meet on fair and neutral ground.
There they can resolve their quarrels under the rules of honest competition.
A scrupulously impartial judge should referee the bout. His lone concern should be the equal application of pugilistic justice.
He must hold the scales even.
And may the winner emerge square and fair, his hand raised in honest victory.
Should it be the people’s champion, the bull, so much the better.
Yet should the unpopular bear walk out victorious, well then…. the unpopular bear walks out victorious.
That is because he was the superior combatant. The bull would lose because he was not.
Justice, that is, would be served. What we have instead is injustice.
It’s a Rigged Fight
As I have further argued:
The Federal Reserve is not a neutral referee in this bout. It is instead an active participant, in active conspiracy with the bull.
Before the bout it packs his gloves with iron objects. And once the bout commences?
If the bull strikes beneath the belt, if he bites in the clinches, if he punches after the bell has sounded…
This rogue referee instantly loses his powers of vision. He sees nothing.
And if the bear smites the bull down to the canvas, witless, leaving him to take the count?
Then this corrupto stretches the count until the sprawling bovine can regain the vertical… and his wits:
“O-o-o-o-o-o-n-e… … … … t-w-o-o-o-o-o-o… … … … t-h-h-h-r-e-e-e-e-e-e… … … …” all the long way to 10.
Meantime, should the bear absorb but a glancing blow, the official declares him loser by technical knockout, the victim of a mighty clout.
What we have, then, is not a contest of one against one. We have instead a travesty of two against one.
The badly used bear is denied all chance of victory.
“Fīat jūstitia ruat cælum”
It is true, the speculators may applaud this holocaust of justice — our reader for example.
They do, after all, have a wager on the bull. And I do not begrudge them it.
Yet my sympathies go the other way. I lean in the underdog’s direction… and away from the lawless overdogs.
That is because there exists a force, deep down within the liver and lights, that wants it square — that demands honest justice.
It is a force that disdains all things false.
In this instance, the falsely acquired wealth of the falsely stimulated stock market.
“Fīat jūstitia ruat cælum” is therefore the cry on my lips — “Let justice be done though the heavens fall.”
I concede of course that justice can be pitiless.
Given the scale of today’s bubble and the central bank interventions that hold it afloat…
The heavens may indeed fall.
Regards,
Brian Maher
for Freedom Financial News
