Weber 401K Options
The change over from John Hancock to
Wells Fargo is now complete.
The Global economy and the
investment world is still a totally corrupt and manipulated fraud.
Changing from one institution to another makes no difference. Investing
in the stock markets now is still just as risky as it was at any time in
1929. Fewer and fewer investors are
willing to purchase U.S. Debt so when the timing seems right the U.S.
Gov. will confiscate 401K's and retirement accounts and Americans will
be forced to invest in Gov debt in whatever form is dictated at the
time. The Funds being offered now look
good, the indices look good, how can everything look so good and smell
so very bad. Part of the illusion is the U.S. Dollar. The value of
investments measured in U.S. Dollars is going up. But the value of the
U.S. Dollar is going down. Retirement investing for the working
American is now a very bad joke. Probably the only investments that will offer any
resemblance of security for the next twenty years or more are: Precious
Metals, resources and life sustaining commodities. A good retirement investment program today needs
some pure choices in those areas. Wells Fargo is not offering that
anymore than John Hancock did. Balanced investing will not provide retirement
security. At best, balanced investing at this point is a
high-risk bet to break even. I hope this page and the links in
the table below can help anyone who thinks it is
important to be hands on with their retirement investing. Good Luck Walt
The Global economy and the investment world is still a totally corrupt and manipulated fraud. Changing from one institution to another makes no difference. Investing in the stock markets now is still just as risky as it was at any time in 1929.
Fewer and fewer investors are willing to purchase U.S. Debt so when the timing seems right the U.S. Gov. will confiscate 401K's and retirement accounts and Americans will be forced to invest in Gov debt in whatever form is dictated at the time.
The Funds being offered now look good, the indices look good, how can everything look so good and smell so very bad. Part of the illusion is the U.S. Dollar. The value of investments measured in U.S. Dollars is going up. But the value of the U.S. Dollar is going down.
Retirement investing for the working American is now a very bad joke.
Probably the only investments that will offer any resemblance of security for the next twenty years or more are: Precious Metals, resources and life sustaining commodities.
A good retirement investment program today needs some pure choices in those areas.
Wells Fargo is not offering that anymore than John Hancock did.
Balanced investing will not provide retirement security.
At best, balanced investing at this point is a high-risk bet to break even.
I hope this page and the links in the table below can help anyone who thinks it is important to be hands on with their retirement investing.
Wells Fargo links on the left open a description page.
Big Charts links on the right opens charts in a new window.
VIX CBOE MKT VOLATILITY IDX (INDEX) Click Here.
Stock Market Collapse:
More Goldman Market Rigging
Published on 05-08-2010
By Ellen Brown - Web of Debt
Last week, Goldman Sachs was on the congressional hot seat, grilled for fraud in its sale of complicated financial products called synthetic CDOs. This week the heat was off, as all eyes turned to the attack of the shorts on Greek sovereign debt and the dire threat of a sovereign Greek default. By Thursday, Goldmans fraud had slipped from the headlines and Congress had been cowed into throwing in the towel on its campaign to break up the too-big-to-fail banks. On Friday, Goldman was in settlement talks with the SEC.
Goldman and Wall Street reign. Congress appears helpless to discipline the big banks, just as the European Central Bank appears helpless to prevent the collapse of the European Union. . . . Or are they?
Suspicious Market Maneuverings
The shorts circled like sharks in the Greek bond market, following a highly suspicious downgrade of Greek debt by Moodys on Monday. Ratings by private ratings agencies, long suspected of being in the pocket of Wall Street, often seem to be timed to cause stocks or bonds to jump or tumble, causing extreme reactions in the market. The Greek downgrade was suspicious and unexpected because the European Central Bank and International Monetary Fund had just pledged 120 billion Euros to avoid a debt default in Greece.
Markets were roiled further on Thursday, when the U.S. stock market suddenly lost 999 points, and just as suddenly recovered two-thirds of that loss. It appeared to be such a clear case of tampering that Maria Bartiromo blurted out on CNBC, That is ridiculous. This really sounds like market manipulation to me.
|Manipulation by whom? Markets can be rigged
with computers using high-frequency trading programs (HFT), which now
compose 70% of market trading; and Goldman Sachs is the undisputed leader in
this new gaming technique. Matt Taibbi maintains that Goldman Sachs has been
engineering every market manipulation since the Great Depression. When
Goldman does not get its way, it is in a position to throw a tantrum and
crash the market. It can do this with automated market making technologies
like the one invented by Max Keiser, which he claims is now being used to
turbocharge market manipulation.
Goldman was an investment firm until September 2008, when it became a bank holding company overnight in order to capitalize on the bank bailout, including borrowing virtually interest-free from the Federal Reserve and other banks. In January, when President Obama backed Paul Volcker in his plan to reinstate a form of the Glass-Steagall Act that would separate investment banking from commercial banking, the market collapsed on cue, and the Volcker Rule faded from the headlines.
When Goldman got dragged before Congress and the SEC in April, the Greek crisis arose as a counterpoint, diverting attention to that growing conflagration. Greece appears to be the sacrificial play in the EU just as Lehman Brothers was in the U.S., the hostage the kidnappers shoot to prove they mean business.
The Nuclear Option
It is still possible, however, for the European Central Bank to snatch Greece from the fire and rout the shorts. It can do this with what has been called the nuclear option monetizing the debt of Greece and other debt-laden EU countries by effectively printing money (quantitative easing) and buying the debt itself at very low interest rates. This is called the nuclear option because it would blow up the hedge funds and electronic sharks operated by Goldman and other Wall Street heavies, which specialize in bringing down corporations and whole countries for strategic and exploitative ends.
Will the ECB proceed with this plan? Perhaps, say some experts. It could just be waiting for the German election on Sunday, which the ECB does not want to appear to be influencing.
Enter the letter symbols of the What's Hot & What's Not stocks into the QUOTES/CO. DATA box to see what business or industry they are in.
Over a period of time you will start to recognize trends.
The trend is your friend.
Spend a few minutes from time to time and you will soon understand what sectors to be in or more importantly what sectors to not be in.
The Chart above shows the ratio of the DOW Jones Industrial Average to the price of an ounce of Gold.
(The number in the upper right hand corner.)
Many analyst believe there will be no economic relief or reversal of the present economic trends until this ratio gets closer to 2 or even 1.
Insider Selling Volume at Highest Level Ever Tracked
Published: Tuesday, 26 Oct 2010
By: John Melloy
Executive Producer, Fast Money
Beyond the money
The overwhelming volume of sell transactions relative to buy transactions by company insiders over the last six months in key leading sectors of the market is the worst Alan Newman, editor of the Crosscurrents newsletter, has ever seen since he began tracking the data.
The largest companies in three of the most important leading sectors of the market have seen their executives classified as insiders sell more than 120 million shares of stock over the last six months. Top executives at these very same companies bought just 38,000 shares over that same time period, making for an eye-popping sell to buy ratio of 3,177 to one.
The grand total for the three sectors are as awful as we have ever seen since we began doing this exercise years ago, said Newman, who was ahead on such trends as the dangers of high-frequency trading and ETFs before the Flash Crash. Clearly, insiders are seeing great value only in cash. Their actions speak volumes for the veracity for the current rally.
But the overall market doesnt seem to care. The S&P 500 is up 16 percent since its 2010 low hit on July 2nd on the back of strong earnings driven by cost-cutting and the hopes for even more quantitative easing from the Federal Reserve.
The insider data is good reason for considerable caution once the price action fades, said Simon Baker, CEO of Baker Asset Management. Still insiders normally buy early and sell early too. Longer term -- 12 months out -- it is more of a red flag.
Newman isnt alone in warning about insider selling. The latest report from Vickers Weekly Insider, a publication that makes investments based upon these transactions, shows that total insider sell transactions relative to purchases on the New York Stock Exchange are running at a ratio of more than four to one over the last eight weeks. The normal reading, because of options selling and other factors, is about 2 sales for every buy, according to Vickers.
To be sure, many investors feel the heavy insider selling is just an anomaly based on other reasons.
These are folks that have had to dip into their stocks for the first time in years, as their salaries have been cut and their bonuses, outside Wall Street, have been significantly curtailed, said J.J. Kinahan, chief derivatives strategist for TD Ameritrade. This may speak more to a cash flow problem, then a market belief.
Still Newman, who is also a favorite commentator of Barrons columnist Alan Abelson, sees the insider selling as just the latest reason, along with the mortgage foreclosure mess and fully invested mutual fund managers with no fresh powder to put to work, to be cautious on the market.
At the risk of sounding like a broken record, we expect a significant correction, said the newsletter editor.
For complete original CLICK HERE.
The following is an excerpt from:
by Daniel R. Amerman, CFA
The Systemic Cheating Of Small Investors
What is the price for individuals of buying into this faade? Of leaving the safety of their home, and joining the Zombie army of phantasmic investors, buying at current market levels? Whether directly, or through their mutual funds or retirement accounts?
This is not an innocent process, nor is it for the greater public good. Instead, let me suggest that it is a process that deliberately takes wealth from nave investors, particularly individual investors who believe what they read in the mainstream media, and it transfers that wealth to both Wall Street and to the federal government. This is something that I have been writing and speaking about for a long time now (my article "Fed Manipulations Subsidize Wall Street And Cheat Investors", addressed this subject two years ago). So it's been happening for quite a while, but it keeps getting worse and worse, and the idea that we're indeed in the financial Twilight Zone becomes increasingly difficult to deny.
The problem with systemic government interventions is that as they grow in scale, the degree of mispricing grows greater and greater. As any bond investor knows, for a given bond with a fixed coupon, the higher that interest rates move, the lower the price of that bond goes. Why would anyone pay 100 cents on the dollar for a bond that pays a 3% interest rate, when there are plenty of new bonds around at 6% that can be bought at par (100 cents on the dollar)? Therefore, anyone who pays full value for a new bond with a rate that is below market, is getting cheated at the moment they make their purchase.
This principle is illustrated in the graph above. The all blue bar on the left side of the graph represents the value of 10 year US Treasury bonds with a 3.50% coupon. If 3.50% were the real market rate (in which case Fed purchases would be unnecessary), then this bond would be worth 100 cents on the dollar. With each bar to the right, the real interest rate shown on the bottom goes up and the market price for 3.50% ten year bonds goes down.
For instance, if real market rates would be 6.50% without zombie investors the free market price would be less than 80 cents on the dollar. Meaning current purchasers who buy into a manipulated market where the other investors dont really exist, are getting cheated out of 20 cents on the dollar, every time their fixed income fund buys a 10 year treasury bond.
However, keeping in mind that the US government was already effectively bankrupt before the financial crisis ever hit due to Boomer retirement obligations that cant be paid, and the government is currently spending trillions without restraint - 6.50% would be a very low free market rate for the current situation. If the proper market were 9.50% for the worlds largest unrepentant spendthrift - every investor is getting cheated out of about 40% of the value of their investment.
At 12.50% the true market price should be less than 50 cents on the dollar, and at 15.50%, it would be about 40 cents on the dollar. Meaning investors are getting cheated out of 60 cents with each new bond they buy. What the true market yield would be for the government to actually borrow real dollars, we cant tell without a legitimate free market of actual investors. But whatever the level, any individual who buys today at rates set by a market primarily made up of unreal investors, is getting cheated on a very real basis.
(It is a quite different story for institutional investors who borrow from the Fed at artificially low rates, to purchase bonds from the Treasury at somewhat higher artificially low rates, as covered in my previously mentioned article "Fed Manipulations Subsidize Wall Street And Cheat Investors".)
Now the price of this manipulation after manipulation on top of manipulation is mispricing, mispricing, mispricing from the perspective of the average individual investor. Believing what they've been hearing from the economics and financial community, and believing in what they're reading in the mainstream financial media, these investors think that when they buy US treasury bonds they're getting a fair rate of return on that treasury bond. They believe if they step up and buy a mortgage-backed security, they're getting a fair rate on that mortgage backed security. And they believe if they purchase a stock with their 401(k) or IRA, they're getting a fair price on that stock.
Theyre not. Instead, the Federal Reserve and US treasury are cheating small investors out of returns that should be theirs. If someone buys a US treasury bond or a mortgage-backed security, the yield ought to be far higher in compensation for the risks that are involved right now with the US economy and the massive extraordinary government deficits.
Financial Manipulation on Wall Street:An Economy run on Smoke and Mirrors
Apr 04, 2010
By: Bob Chapman
We have an economy run on smoke and mirrors, based on the manipulation of markets.
That was accomplished via the executive order signed by President Ronald Reagan in 1988 in the aftermath of the stock market collapse of October 19, 1987, known as the Presidents Working Group on Financial markets.
This order intended to be implemented during emergencies has been used to manipulate markets worldwide 24/7.
We experienced an example of this misuse of power when the Dow Jones Industrial Average rose from 6,500 to 10,900 over this past year.
This rise was aided by TARP and a host of other programs that injected trillions of dollars into the economy, which, of course, the American citizen is responsible for. The result is we do not have free investment markets.
A secret group led by the Federal Reserve and the US Treasury Department runs them.
The SEC and the CFTC play their parts as government agencies to make sure the public doesnt know what is going on.
Another recent example is the CFTC testimony of Andrew Maguire, who informed the CFTC the date on which the market in silver was going to be manipulated by JPMorgan Chase. The manipulation occurred as outlined by Maguire and the CFTC did nothing to stop it.
Thus, we have heavily manipulated markets that are part of control planning by our government in order to shape economic policy. If you happen to be on the right side of the trade it is fine. That is in this case if you are long the market.
The other side of the trade is you lose as your government suppressed the gold and silver markets. You lose in a rigged market. This is the new American way. Seeing 72% of NYSE trades are black box created Wall Street wins and you lose.
The Dow Jones Industrial Average is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange and the Nasdaq. The DJIA was invented by Charles Dow back in Often referred to as "the Dow", the DJIA is the oldest and single most watched index in the world. The DJIA includes companies like General Electric, Disney, Exxon and Microsoft. (See bottom of page) When the TV networks say "the market is up today", they are generally referring to the Dow.
| The S&P 500 is one of the most commonly used
benchmarks for the overall U.S. stock market. The Dow Jones Industrial
Average (DJIA) was at one time the most renowned index for U.S. stocks, but
because the DJIA contains only 30 companies, most people agree that the S&P
500 is a better representation of the U.S. market. In fact, many consider it
to be the definition of the market.
An index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe.
| USDX A measure of the value of the U.S.
dollar relative to majority of its most significant trading partners. This
index is similar to other trade-weighted indexes, which also use the
exchange rates from the same major currencies.
Currently, this index is calculated by factoring in the exchange rates of six major world currencies: the Euro, Japanese yen, Canadian dollar, British pound, Swedish krona and Swiss franc. This index started in 1973 with a base of 100 and is relative to this base. This means that a value of 120 would suggest that the U.S. dollar experienced a 20% increase in value over the time period.
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