Denninger Does Screen Capture of High-Frequency Trading

[abduLMaria]

http://www.youtube.com/watch?v=xOr5suFJ ... r_embedded

Denninger, or Zio-Denninger as CSR likes to call him, has some kind of computer access so he can see the trades in real time.  Then he does a screen capture so you can see the big trades come through - and then get cancelled.

High Frequency Trading is a technique people like Goldman Sachs use to manipulate and illegally profit from the market.

[Christopher Marlowe]

I'm a subscriber of his youtube channel. He's a very sharp guy.  Perhaps he is zio-Denninger and he seems to miss "the big picture", as many in society do. But he is very good about presenting a logical case and backing up his claims.

It is also good to listen to several different viewpoints. ZD says that we will enter a long deflation, and that gold/silver will not break out. (I'm paraphrasing for brevity, but I think that's an accurate representation.) This is in stark contrast to the many who see the deflation kicking into inflation and then hyperinflation.  

Another excellent source from youtube is the silverfuturist. He is a really interesting fellow that does summaries of different economic blogs. SF is great at presenting all viewpoints fairly and briefly.  He also has excellent reasoning skills. Just to give you a taste of his interesting personality, I will post his latest vid here. (He posts to all the sources on his youtube link.)

[youtube:mebcod1i]http://www.youtube.com/watch?v=BnqjadXyIeY[/youtube]mebcod1i]

And here is another great post on ZD's ideas:
[youtube:mebcod1i]http://www.youtube.com/watch?v=f8JGhVPO90g[/youtube]mebcod1i]

[abduLMaria]

yeah, my admiration of Denninger is basically in spite of his forum censorship (re. 9-11) and other of his personal attributes ... his rants about China, the school his kid goes to, etc.

BUT when he sticks to his strong suit - explaining the markets (excluding gold, he doesn't like gold, which limits his ability to understand the currency markets), and capturing and describing criminal activity in the markets, there is no one better, that i am aware of.

if i was a supervisor for the FBI or SEC or whoever should be going after the banksters, i would ask all my employees to read selected Denninger posts.

paradoxically, if we were successful in our investigation, a WHOLE BUNCH of criminal Jews would go to jail, for a long time.  and boatloads of criminal assets would be confiscated.

and we would say, "look at that, 75% of the financial criminals are Jewish !"

i think Denninger is aware that much of the financial crime he investigates is perpetrated by Jewish bankers.  he's too smart not to be aware of it, and he tosses in the occasional reference to the "money-changers", etc.  he just doesn't talk about Zionism, Israel, 9-11, etc.

[CrackSmokeRepublican]

Found this interesting dialogue on Z.D.:

For some reason I feel a certain affinity towards my fellow ZH space monkeys, so I'm gonna give everyone some free advice: start inching towards the door.

No, you don't have to sell/liquidate all your assets, move off to the boondocks and buy a farm. (Even though if you're already there, you certainly don't want to move.) Rather, you need to start making mental preparations in terms of who you can trust, what your support network may look like, how will critical resources (basic staples, medicine, etc) be acquired, stored, managed & distributed, etc. (Again, I'm assuming you've already made basic physical preparations in terms of PM, weapons, food, etc.)

Believe it or not, the best place to start meeting people who already think along these lines are in existing community support networks: the emergency response volunteers, charitable organizations (both churches and secular NPOs), grass-roots political parties, etc.

Denninger & Ilargi (@TAE) were/are both correct - there's gonna be millions handled by relief camps. No, not food stamps, but real, honest to doG soup lines dispensing  standard 'family of four' weekly rice/bean rations and allotments. You want to be part of the management team of these types of organizations.

Think it through. Obama was just a place keeper to assuage the voting public emotions about what happened in 2007-08. The next real leader is gonna lay out the truth, which means de-leveraging & working through the malinvestment. There is NO OTHER WAY out - it must be done in order to re-orient the economy towards a new (as yet undiscovered) growth paradigm.

The fallout, of course, will be a cessation/restriction of many/most existing support/entitlement programs. That means kids/parents/grandparents re-forming nuclear families. That means relaxation of current prohibitions (like drugs) and release of millions of non-violent criminals. That means a return to neighborhood security & support.

Think it through. There isn't any going back to the way "things were". It's not gonna be Mad Max, there will be no glamour, no drama, no shoot outs, no roving mobs. Just a long grind 'em out process of restoring out-of-whack balance sheets in order to measure real ROI so as to incentivize real capital investment. All real basic, mundane, facts-of-life types of shit.

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by FrankIvy
on Fri, 07/09/2010 - 12:23
#461445

B9K9 - Denninger is an idiot.  He was convinced that there was no way that they would ever do a QE event because "they would never hurt the dollar like that."  So narrow minded so as to be naive by choice.  To the extent he was right about anything, it wasn't substantially more than seeing that the economy was shit and due for deflation.  Big whoop.

Ask him why we're in Afghanistan - he'll tell you we're looking for Bin Laden and spreading democracy.  He's an idiot.

 

 

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by Alexandre Stavisky
on Fri, 07/09/2010 - 13:12
#461520

Denninger gets it, he just can't connect all the dots to complete his understanding.  His blind adherence to a fiat paper money is an example.  As a debt back instrument birthed through issuing bonds promising futurative interest coupons, AT ITS BIRTH, the US FRN is immediately debased.  Add QE, stealth "unbacked" printing and other dilutive effects and the value of US money erodes inevitably over time.  Small dimunitions can be suffered by a long-suffering populace who are still able to make gain over an above dilution in times of expansion.  Contraction--structural, long term necessary contraction--though severely exacerbates the US FRNs intermediate-to-long term storage limitations.

I am seeing this now incipiently.  The early adopter crowd knows that the US dollar is not to be slept upon.  This is an early indication of budding currency repudiation.  Currency should be nearly infinitely divisible in order to make the most minute of discriminations of value assignation, should be readily recognizable and hold confidence for hour-to-hour transactions.  It should also (in a perfect world) act as a reservoir of value preserving purchasing power not just day-to-day, but perennially.  We all know that hasn't been the case for a generation, but the decay is exponentially increasing.  The FRNs variability of value is making a BIFURCATION of the medium of exchange.

People are holding their dollars for acquisition of the daily needs.  However, the greenbacks are coming out of the safes presently and savers are exchanging for precious metals.  Dollars only for short term.  PMs for length.

When the populace have come to this view universally, we are in the meat'n'potatoes of Gresham's Law.  Paper for ease of exchange.  Gold for preservation.

What events portend, if all refuse to hold the nation's currency for anything except short term?

We are nearing those events.

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by FrankIvy
on Fri, 07/09/2010 - 14:12
#461588

    A. Stavisky wrote: Denninger gets it, he just can't connect all the dots to complete his understanding.

No sir, no way.  Denninger is like a chemist who has figured out some narrow portion of basic chemical theory - for example, that oxygen causes rust only if water is present to catalyze the reaction - but steadfastly refuses to accept the periodicity of the elements because it's contrary to his religious beliefs.

He's a blind dog who stumbled on a bone, and has done nothing but run around slamming into other things, all the while trumpetting his uncanny finding of the bone.

Let's keep it simple.  The guy doesn't undestand that the wars are about resources and control.  He - honest to goodness gracious and shove some apple pie up my ass - thinks we're over there fighting terrorists.  Anybody who is that stupid DOES NOT "get it."

He "got" only one thing - credit expansion peaked and contraction must occur thereafter.  That's it.  His entire mantra revolves around having been right on that single leaf in the tree.  But he is completely naive about the role of the U.S. in the world, and the basic congruousness of democrats and republicans.

Anybody who is that simple minded does not "get it."

And to reiterate the point, the guy is such a flag waving buffoon he posted several times that the U.S. would never devalue the dollar by printing.

Seriously, how full of shit do you have to be to not get that the folks running the show don't give a shit about U.S. national sovereignty or the fucking dollar?  Don't defend him.  He's an intellectual punk that got one question right and now spends his days reminding everybody about it, despite his inability to get any further question right.

 

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by Cindy_Dies_In_T...
on Sat, 07/10/2010 - 03:53
#462080

Frank-- good luck posting a link from KD saying "he posted several times that the U.S. would never devalue the dollar by printing."

To my recollection he has never said that. In fact, he has said the Benny boy will soon print himself into a complete corner clusterfuck.

Its okay to be a hater, but atleast get your facts straight.


My problem with KD is that he seems to think that despite all the failings of the government, that somehow government can save us if only all the bad guys would be put in jail. Historically, this has never, ever happened. Ever.

Some of the circular logic is amusing, but he means well.

 

http://www.zerohedge.com/article/presen ... us-economy