Sheeple is a term created by combining the words "sheep" and "people." Sheeple are people that never question what they perceive as an authority. They blindly believe whatever they are told. It's often used to denote human beings who follow the status quo without researching or fully understanding the bottom line of their decision. By doing so, they undermine their own human spirit and give up certain inalienable rights. Sheeple are people who have a herd mentality whereby they shun individualism and always follow the crowd. The term "like sheep led to slaughter" applies to sheeple because they are so easily controlled as a result of their refusal to question their leaders.
Jim, Greece is back in the news for its debt concealment. What a convoluted mess they’ve made. Regards, CIGA Black Swan Dear Black Swan, OTC derivatives are easy to get into and sometimes impossible to get out of. I don’t think Greece is so dumb as to think they could pull the wool over the world’s eyes after […]
Thought For The Day If the proprietary trading departments of major investment firms are sold to others, the others may get the surprise of their lives. If the huge profits of these departments were made up almost completely by the mark up of junk OTC derivatives, compliments of the FASB, these master traders could bust their new […]
Dear CIGAs, A short note to silver fans – silver priced in Euro terms set a brand new lifetime high today at its London Fix coming in at 15.7551 euros. Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini […]
Dear CIGAs, Click any of the following charts to open this week’s action in the HUI-S&P 500 Ratio, XAU-S&P 500 Ratio, Gold-Crude Ratio, and the Gold-CCI Ratio charts in PDF format with commentary from Trader Dan Norcini […]
Dear CIGAs, Now that expectations for Gold at very significant prices are being offered by various rational sources, there is one thing you can be sure of. That one thing is $1650. I am getting many emails asking how it is possible for the gold price to reach $1650 by early January. I suspect these are far out […]