Saturday October 30, 201-Time to wake up
-The velocity of Money in the USA is picking up !...more
“Each
big inflation – whether the early 1920s in Germany, or the Korean
and Vietnam wars in the US – starts with a passive expansion of the
quantity money. This sits inert for a surprisingly long time. The
effect is much like lighter fuel on a camp fire before the match is
struck.
People’s
willingness to hold money can change suddenly for a “psychological and
spontaneous reason” , causing a spike in the velocity of money. It can
occur at lightning speed, over a few weeks. The shift invariably
catches economists by surprise. They wait too long to drain the excess
money.”
“Velocity took an almost right-angle turn upward in the summer of
1922,” said Mr O Parsson. Reichsbank officials were baffled. They
could not fathom why the German people had started to behave
differently almost two years after the bank had already boosted the
money supply. He contends that public patience snapped abruptly once
people lost trust and began to “smell a government rat”.
Save a penny and a
Dime. Dimes are worth 20% more what
you think. Those amongst you saving Nickels and Dimes are in fact
saving a lot more than they think they are. The value of the metal
is worth 20% than the nominal value. For older dollar cents the
value is more than double.
The minute the price of
Crude Oil breaks through the $ 85
level, we already know what the objective will be! To
be honest we already KNOW the price of Oil will break through the $ 85
level between today and the Summer of 2011.
Write it down for it is
extremely hard to make the timing.
Gold and Silver have broken out of a small reversal formation and
through the Maximum Activity level.
If confirmed by higher prices, we advise to expedite your purchases.
Check the shopping baskets in the Gold and Silver and Junior
sections.
Banks are rotten to the core!!!!
What the Financial Crisis doesn't clean, the law will.
Since we received reports from the CFTC that market players have made
"repeated" and "fraudulent efforts to persuade and deviously control"
silver prices, we have heard that HSBC Holdings Plc and JPMorgan Chase
&Co. are facing an investor's lawsuit of placing "spoof" trading orders
to manipulate silver futures and options prices in violation of U.S.
antitrust law.
Friday October 29, 2010
Electric cars are here to buy: Renault.
France has historically been a leader in automobile innovation: front
wheel traction, Van's, independent suspension,... They now presented
their electric car: automatic, max speed of 130 km/h or 80 mph, have an
autonomy of 80 km. Easy to recharge and cost less than 1/3rd of a traditional
car to operate. This story will hit the front-pages as soon as the price of
Crude oil
breaks once more through the $ 100 dollar level.
Gold and
Silver
(check our new objectives for Silver) are
bottom fishing. The process can take from a couple of
days to some weeks. Worst case scenario it can stretch out until
February 2011. We'll keep our subscribers posted.
The Gold pool II starts to fall apart. There
is no way they can continue to keep their game hidden like there is no
way the Authorities can keep lying about Inflation...more
Not a lot of room left for Gold to correct. This
is clearly visible on for example the pf chart for €-Gold.We have a triangle in
the make....the smallest spark can have extreme price consequences.
The Euro has
fallen back into OVERSOLD territory. Technically
RESISTANCE has become SUPPORT...Check
this very important chart and our new short term objective.
And yes, we have a new objective for
£-Gold which will be reached probably
BEFORE mid 2011. What about 20%??...more
Commodities continue to get more and more expensive. Probably because
the inflation is only 1% to 2% like Banksters and Authorities try to
make you believe!?
Wheat is slowly grinding higher on dryness fears
in the winter wheat growing areas here in the US. The entire grain
complex continues to experience supply concerns which is working to
push food prices inexorably higher, notwithstanding the load of BS
being dished out by the official government agencies that tell us food
inflation is tame. I guess they think that we are too damn dumb to
believe our own eyes. Corn is slowly closing in on the $6.00 mark
while wheat is back above $7.00. Soybeans are over $12. If that were
not enough, Sugar is now up near $0.30 pound, an incredible price.
Coffee, while weaker today, is at levels last seen in September 1997!
Nope – no rising food costs anywhere in sight….
The Agricultural Index went up by 65% since May 2010 or by 150% on a
yearly basis. We're NO DRAMA queens. We just write what we see
and what our charts tell us. Experience (and we have over 30 years of
experience teaches you to be humble but also that one MUST ACT if there
is a compilation of certain signals. We know what becomes to the
savings and the people who think it is wiser to believe the lies of
Banksters and Authorities and who incorrectly stay invested in
BONDS. We have seen it
over and over again during the years where we did not have the Euro in
Europe. We've seen it since the 1970's in Britain with the Pound
Sterling, we've seen it in South Africa at the time of the sanctions and
when the black regime took over, ....At first people laugh at you, then
they call you Drama Queens and Apocalypse prophets. When it all unfolds
they become silent and after the game, only few have the courage to
apologize. What is wrong with people that it often is so hard to
try to UNDERSTAND a logic reasoning process and they instead prefer to
BELIEVE the fairy tales of Banksters!? Once your house is burning it's
too late for an insurance.
Thursday October 28, 2010 - We are no drama
queens. We just cut the Mope/Static.
A
bargain with the Devil it is. The Federal Reserve is
close to embarking on another round of monetary stimulus next week,
against the backdrop of a weak economy and low inflation-and despite
doubts about the wisdom and efficacy of the policy among economists and
some of the Fed's own decision makers. The central bank is likely to unveil a program of U.S. Treasury bond purchases worth a few
hundred billion dollars over several months, a measured approach in
contrast to purchases of nearly $2 trillion it unveiled during the
financial crisis. The announcement is expected to be made at the
conclusion of a two-day meeting of its policy-making committee next
Wednesday.
The Fed's aim is to drive up the prices of long-term bonds, which in
turn would push down long-term interest rates. It hopes that would
spur more investment and spending and liven up the recovery. But
officials want to avoid the "shock and awe" style used during the crisis
in favor of an approach that allows them to adjust their policy, and
possibly add to their purchases, over time as the recovery unfolds.
Fed Chairman Ben Bernanke's push to restart the bond-buying program-a
form of monetary stimulus known as quantitative easing-has
been greeted with deep skepticism among some of his colleagues.
In some of his strongest words yet, Thomas Hoenig, president of the
Federal Reserve Bank of Kansas City, said Monday that more expansive
monetary policy was a "bargain with the devil."
More in the Wall Street Journal.
The upcoming elections for Congress in the USA
(half of the members have to be reelected) acts as a support for the
US-Dollar. The elections are next month. The Euro is slightly off against
the Dollar. Expect the Dollar correction to continue for some time until
it is once more overbought.
In Europe all will get worse before it gets any better.
The outlook for Portugal, Greece and the Bonds sold
by their Governments remains very grim...more
in Bond Fundamentals
Important - Don't forget to view these new charts (sometimes a charts
tells more than a thousand words) . The Point and
Figures charts have been renewed in the subscribers' sections of
$-GOLD,
€GOLD,
Swiss-Goldand
Sterling-Gold.
Worrying is the $-Gold chart. Buy the dips, but take your
time....unless we have some indication of a bottom.This does apply to the $-Gold
chart and not necessarily for Gold expressed in OTHER fiat currencies.
What is true for $-Gold can be completely different for Gold expressed
in Euro, Sterling, Swiss franc,...
Wednesday October 27, 2010
Don't forget the American Authorities won't allow the Dollar to be
weak before and during next month's elections. The Plunge Protection Team and the Gold Pool II are still alive and use
Unregulated and Uncontrolled derivatives to manipulate the market.
History rhythms and nobody remembers History and many who remember
incorrectly believe that this time will be different. What a huge
mistake they make!
Authorities will continue to manipulate the Silver and Gold markets
until is gets out of their hands. The Gold Pool
and the Plunge Protection Team have their reason to exist. The
day the physical market clashes with the paper market the manipulation
will be over. This is going to happen soon but at this time it is hard
to tell WHEN it will happen.There have been repeated attempts to influence prices
in silver markets, Bart Chilton, a commissioner at the U.S. futures
regulator, said on Tuesday...more
Gold is Gold and Silver
(our objective was reached) is Silver. Gold and Silver are the absolute
barbaric money. It is in Gold that the value of Fiat
paper Dollars, the Euro, the Swiss franc, the
Australian Dollar, the Yen, the Canadian Dollar, the
Ruble,...is expressed. It is NOT the price of Gold and
Silver which is rising but rather the value of all Fiat Paper Money
which is falling. Of course but unfortunately many are confused
each time the English Media (which is predominant American) is selling
MOPE about the rising or falling price of Gold expressed in Gold...
During the hyperinflationary cycle in Zimbabwe, the value of the
US-Dollar against the Zimdollar rose from 100 to 10³¹.
Assuming the price of Gold expressed in Dollar remained more or less
equal, during these years the
price of Gold expressed in ZimDollars rose
with a factor 10³¹ between 2003 to 2009 .
Therefore it is in fact stupid to try to figure out what a possible
objective will be for Gold. If there is a
Hyperinflation in the USA and the value of the Dollar falls to ZERO (or
near Zero) the price of Gold expressed in Dollar can also rise with a
factor 10³¹ and even more...
Tuesday October 26, 2010
The G20 came with nothing new. (like we expected
and as it will be each time they gather in the near future)The point of no return has been passed since long
and 'They' only can try to postpone the Apocalypse for as long as
possible. They will because they know the coming Black Swan will put
they out of business. The Bank of Japan is unable to fight the FED
with QE and knowing that there are a lot more dollars around than Yen,
we know what the outcome of the battle will be. Don't loose your
time in reading the crap they are trying to make us believe!
The Australian Dollar, Canadian Dollar, Swiss franc and Euro will
for the time being remain stronger Fiat Paper currencies.
Only when the USA enter its Hyperinflationary cycle the surplus of
worthless dollars will also start to affect the other fiat paper
currencies as they ALL HAVE PLENTY of DOLLARS in their reserves.
Gold and Silver will for the coming years be the ultimate barbaric
money and our charts show we shall NOT SEE a large
corrections. Don't hesitate to Buy the DIPS!!
Gold and Silver stocks and Juniors won't get a lot cheaper.
Bottom fishing is difficult and we're sometimes early...but better be
early and safe than late and sorrow.
Monday October 25, 2010 - This week we will try
to review the Gold and Silver stocks and the Portfolio -
Quantitative
Easing is like healing the sick through bleeding back in the 1700s. It
is a terrible economic policy which in fact should be considered a
criminal activity. Such a policy is possible
because of Fractional Reserve Banking, the creation
of Fiat money out of thin air, irresponsible politicians
and an uneducated Herd.
Quantitative easing sends
incorrect signals to Entrepreneurs and Investors. The
consequences are already disastrous and will become even harsher as time
goes by and the Bleeding [QE] will become more frequent.
Unfortunately there is so little one can do to stop it. Politicians
don't care but about themselves and like Louis XV-King of France used to
say: "Après moi le déluge!" (after me the flood). It was Louis XVI and
Marie-Antoinette were decapitated during the French revolution.
This November there are elections in the US and the G20 is gathering
in Korea. Expect these happening to calm down the
financial markets until the result of these happenings are knows. As far
as the elections are concerned one does not need to be an Einstein to
know we'll have many other landslides in the near future...Landslides
we shall have until a climax has been reached and all is in place for a
new order where the Private Economy will take over from the Public
economy.
We have a paradigm shift and what seemed to be a good investment
yesterday will ruin you tomorrow. The Titanic is
sinking. Your savings will go through a storm and NOW is the time to
prepare yourself. Tomorrow can be too late.
Stocks are also REAL ASSETS. Contrary to what many
make believe, they (insofar they really represent Real Assets) will NOT
crash in a hyperinflationary environment.
ETF's, Derivatives, Structured Products, Common Investment funds all
have huge hidden costs and small prints. They are
manufactured products, unregulated and uncontrolled. Most have a HUGE
position of extremely dangerous BONDS which are about to become lethal
to your savings and pension.
Oh, before we forget, last Friday 7 Banks were closed in the US!
Nobody seems to understand the seriousness of this
cascade.
Friday October 22, 2010
We
have clear signs that QE II will be alive by Halloween.
The November 2 elections in the USA will without any
doubt curtail the Democrats and their socialist plans. Don't expect
however that the slide will solve the problems. As we wrote on several
occasions, the Point of No Return has been passed and whichever pilot is
flying the plane has no other option...unless he wants to be shot out of
the air by the People. RADICAL changes have become impossible and we now
only can wait until the Black Swan arrives. Those who continue to live
in disbelief and think we're idiots will pat a huge price for it.
"Nothing can stop Quantitative Easing but DEBT can
only be inflated so much. The Debt bubble is not going away and is
only getting worse. If capital had no other way but to the Private
sector, the Dow would soar and there would be NO UNEMPLOYMENT."
"The government is just exploiting the working class
while claiming to care about them... and hasn't made a plan yet to
pay off this huge debt. There is no way to pay for the
pensions of government employees without exploiting the people even
more. Government is desperate for money and it is using the
corrupt judges to abuse the people. It is even trying to bullshit
individuals and corporations to bring back cash promising amnesty."
The coming currency war will do nothing more but add fire to the
price of Gold and Silver. The problem ain't China and
the East but the stupid local politicians which only plan until the next
elections and don't get to understand that the domestic Tax and
Legislation system are the Monster. Quota's and import
restrictions have and will never work. Anybody with some Economic sense
knows this. Politicians off course, never went to University and most of
the time don't know what the definition of Economy is. If China
was to revalue its Yuang by 40% this would cost them over $850 bn.
"Americans and Europeans incorrectly think that by
floating the Yuang this will magically create jobs in the Western World
with no change in the tax policy".
Peoplegambling on Bonds and Common
Stocks are playing in a Casino that already is on fire.
The worst is that they are so naive they still believe
the Bankers and Authorities will put out the fire!? Apparently they
never read a good History book.
Thursday October 21, 2010
Those who are so naive to believe Geithner that he won't embark on
a devaluation trip of the Dollar are as naive as
all those who believed the same nonsense in the 1970's and 1980's when
Finance ministers promised not to devaluate the Peseta, French Franc,
Italian lira or Greek Drachma a week before it actually happened.
We have experienced all this and know better! To add to the fire, the
US plans another $ 500 bn of QE...more
The Euro is
going up for the wrong reasons. Forex markets have
and are raped by the Authorities in such an extend that even
Frankenstein's monster would not survive it. Not hard to imagine
to understand what is happening to the Greek, Spanish and Italian debt
each time German Government Bonds in Euro's (impossible to buy these
in Deutsche Marks) are purchased in order to get rid of American
Dollars!? Those who created the Euro may be so said Important
people but in reality they are a bunch of Idiots....
Central Banks are rigging not only
Gold and
Silver but ALL commodity markets.
It amazes us every day how similar many charts look to each
other...very strange! Manipulation is easy as they can use
Unregulated and Uncontrolled Derivatives and will only stop as the
Physical Markets start to clash with the Fiat Paper ones controlled by
the Central Banks. [we understand such is extremely hard to
understand]
Today the majority of OTC (over the counter)
derivatives
known as securitized mortgage debt has ended.
This is only part of the total derivative market. This is the end of $
2 trillion garbage and one of the best reasons to own Gold. The New
York Federal Reserve are making steps to force the Bank of America to
buy back $ 47 bn in OTC derivatives...more
China is widening its Embargo of Minerals. China
is halting shipments of crucial minerals to Japan, the USA and Europe.
Blocked Earth minerals are crucial to manufacturing of many advanced
products. China mines 95% of the world's rare earth elements, which
have broad military and commercial applications: wind turbines, cell
phones, guided missiles...more
US physics professor: "Global warming is the greatest and most
successful pseudoscientific fraud I have ever seen in my long life".
This is an important moment in science history.
I would describe it as a letter on the scale of Martin Luther,
nailing his 95 theses to the Wittenburg church door. It is
worthy of repeating this letter in entirety on every blog that
discusses science....more
Wednesday October 20, 2010 - sometimes it all
goes so fast, you have problems in keeping up with the wave
(do we get corrections when it is full moon?)
Social
unrest will get worse as the hyperinflationary crisis gets worse.
Not a time to be a politician. After Greece
and Spain, France is trying to solve an unsolvable problem
(there is no money left for the pensions and this will only be worse in
a couple of years when more baby boomers retire)...more
Logic if one sees the general price level of
commodities
has risen by 20% (80% y/y basis) in only a couple of
months' time.
Very interesting developments in the section of the
Oil shares.Note the low risk entry points have been changed! What
is happening right now is NORMAL from a technical point of view.
Coal is
following in the wake of Oil but Natural gas still is in a process of
bottom building.
The corrections are setting in. The dips have to
be used to add to certain positions. But remember bottom fishing is not
easy and trading is dangerous. It is amazing that our charts were
already showing last week that a correction was plausible but that the
Financial Media had to wait until today to find out they could use "the
excuse of the increase of Chinese interest rates by 0,25%" to try to
explain a natural phenomenon. No wonder investing is complex for those
reading and listening to this nonsense.
Mexico has offered 100 year bonds @ 6,1%...and
the demand was 2 1/2 timer larger than the offer. Typical for a top in
the Bond market. As long as it isn't you money which is at stake.
Like it is true for all Ponzi's, the larger the amount of the
involved people and money, the longer the fraud survives.
€-Gold is
stationary while the Dollar and $-Gold are correcting.
Tuesday October 19, 2010 - Gold and Silver can
continue to go up but are dangerously overbought -
Colors
are changing in the section of the World
Stock Indexes. The German DAX is following
in the footprints of the Footsie, the Austrian ATX and the Brazilian (EWZ).
The actors are putting themselves in place for the next big act.
The name of the play is: Zimbabwe, here we come!
The section certainly is worth a
visit as there is important news inside.
Bonds are from a
technical point of view technically extremely hard to analyze and to
forecast. The reason for this, is that this is a
highly manipulated market. Clearly visible however is that you have to
be an idiot to buy or to hold Bonds (an option to buy worthless fiat
money) at a time where they are extremely expensive.
The Dollar
index is oversold but has clearly fallen out of the Bearish Head and
Shoulder formation. Interesting is that are now in a
position to define the bearish objective for the Dollar against the
Euro.
Financials and Bank
shares are ready for another down leg. Today we are
doing nothing more than we have been advising for a couple of years now:
Banks are bankrupt and whatever will be done they will rotten all the
way to the core!
The Gold and
Silver mines section has also been updated.
A correction has finally started. Good! Gold and Silver
can follow in the wake. Buy the dips. Same remark for Gold and Silver
juniors.Check
Denison.
Monday October 18, 2010
Why do Interest Rates stay so low and why do we not see a crash of
the Bond (Treasury) Markets?
In how far can the Authorities manipulate the markets?
There is no doubt in our minds they can keep doing this for so
long...but for how long? We know the Fed is buying Treasuries through
the Bahamas and the city (London). We understand the Central Banks do
all they can to keep interest rates artificially low and that this does
impact the Bond markets. Bonds are in a dangerous bubble. Where will the
pin come from which will burst it?
Central Banks/Authorities know that sooner or later
interest rates will geyser up and it is my opinion you do now ALL THEY
CAN to ensure this doesn't happen and when it does, it happens SLOWLY.
Assuming Central banks succeed and in keeping the interest rates low and
in keeping the Bonds up, REAL INFLATION will keep destroying the Bond
market....and at some point the Bond holders will realize they have been
tricked.
Having said this, one must SELL something when it is
expensive (certainly if this something is an option to buy worthless
Fiat Paper money) and use the funds to buy something which is cheap.
[see our investment roster]
Important is to understand the Quantity of New Money (Quantitative
Easing) has to grow exponentially in order to keep interest rates low
and the Bond market alive. This directly affect the Quantity of Money in
the system which in turn pushed up the prices of Goods (and Services).
A perfect example is the Opec Members which seek
$ 100 Oil to
counter the Dollar weakness (Dollar weakness which is the direct result
of the rising supply of this paper money)...more
Bottom line is that the sale of US Treasuries (Agency debt) is a
bearish factor for the US Dollar.
Saturday October 16, 2010 - Invest in China
NOW...? You must be kidding!
China
is a High Order Capital Good country. The
Chinese financial system has been growing like a mushroom and is highly
unregulated. Financial information about China and Chinese companies are
not easy to find and once found, even harder to understand. China will -
as manufacturing entity of the West suffer in an exponential way once
the Hyperinflationary depression kicks in. What the heck is wrong with all
these Financial Analysts moving earth and heaven to push Western
Investors in buying Chinese stocks? The results they usually book are
published on the opening page of the site. Clear is these guys NEVER
learn. To trust them is the best and fastest way to loose your
savings!!!
Shock 20% slump in Singapore (Switzerland of the
Far East) Q3 GDP foretell double dip recession.
Singapore is the Asian nation most exposed to swings in
global trade (the canary in the mine) as 50% of Gross Domestic Product
is from exports...more
The Gold pool and Exchange stabilization fund are loosing their grip
but are not dead yet! Friday 10:15 am Eastern Time.
European banks are squaring their books and bankers about to drive home
for the weekend...time by excellence to PUSH the Dollar UP and Gold and
Silver down.
Friday October 15, 2010 - World Stock markets
continue to break into new highs under pressure of Quantitative Easing -
Public
Enemy # 1of the Central Banks. Too much too high and
too fast is also dangerous for Gold and Silver. But there is always a
"IF" . IF you have NO GOLD you MUST seriously consider buying some. Gold
and Silver have a small market capitalization and disliked by the
Authorities. No doubt they will try to get the price down once it's
seriously overbought by using Paper Gold and Paper Silver. KEEP IN MIND that at this point
the major action is for $-GOLD only.
Last week we published that what is happening with Gold and Silver
would directly impact the
World Stock markets.
This is being confirmed by reality: [Hyper]inflation will
push up the NOMINAL value of Stocks and US-Real Estate. During this
process GOLD and SILVER will GEYSER and Bonds (options to buy fiat
money) will crash.
The biggest losers will be the holders of BONDS, CASH and of other
High Order Capital Goods where the bubble hasn't bust yet.
Commodity prices continue to rise. Or must we say
the value of the paper money we use to buy these commodities continues
to fall? Whatever is happening, expensive and scarce food ALWAYS results
in Riots (like expensive and a lack of shelter do) and Authorities
always do all they can to ensure there is plenty of money (Quantitative
Easing) to buy food.
We have a small bullish flag in the make for the Dollar/Euro.
At the same time the neckline is being tested (1,40).
There is in fact a real danger that the weak DOLLAR can destabilize the
world's financial system...more
Britain's
property market on 'knife edge' as estate agents warn of
house price falls. The problems for the real estate
sector in Britain ain't over yet...more
The
Canadian Dollar
is braking out of a HUGE accumulation zone versus the US dollar with
1.28 as objective. ....something is going on
with the US Dollar....US Dollar holders better be warned! GET OUT when
it is still TIME............ The stop loss against the Euro was
activated in July.
The
Swiss franc
is breaking out of a huge accumulation against the US
Dollar...
Thursday October 14, 2010 - The key
reversals in $- Gold and $- Silver have been taken out -
$-Gold (all
charts are updated) is again in record territory. A new record has yet not been
made for €-Gold. This makes it all even more
delicate. Remember to check ALL our Gold charts: Swiss-Golf, Aussie
Gold, Yen Gold, SA Rand Gold, Can$-Gold, etc..
$-Silver
(updated charts) has almost reached our objective of $ 25..
Caution is requested but we can't tell
WHEN the correction will be....more
The price of real estate in Florida/USA has fallen back to a level
which can be called normal. We expect that
[hyper]inflation will push up NOMINAL prices again or will at least
stabilize them.
Bond yields have
fallen to absolute minima (and Bond prices to a absolute
maximum)...but nobody who sees the bubble. Total US
liabilities are a 500% of Gross Domestic Product. The Fed is probably
already preparing more Quantitative Easing and we shall see in the near
future even more countries fighting with each other to debase their
currency. This will all end in a currency crisis of never-before-seen
proportions,
Government and Media pretend there is no price inflation!? More than
a joke. Year-over-year the price of Wheat, Oats, Pork
and Cotton went up by +60%. The price of Canola, Crude Oil, Gasoline,
Coffee, Sugar, Copper has gone up by +25%. Propaganda pretends
Gold and Silver are a bubble but Gold and Silver have only one up by
30%! Inflation and
Hyperinflation are silent thieves. They take your money away right under
your nose. Believing disinflation or deflation will continue, and
inflation will return is fighting the wrong war. We
decided to insert following YouTube video clip anyhow. The clip is very
interesting but it is somewhat painful listening to it. Vorojtsov
explains how the Hyperinflationary crisis was in the USSR and how people
tried to survive.
The
US Dollar
is building another bearish Head and Shoulder pattern
on the short term bar chart. Neckline is € 1,40 and
Objective is € 1,42 (.7423 on the Dollar index)...at this time the
Dollar is breaking the neckline...and is heading for at least € 1,42 .
Expect that this will boost Gold and Silver!
Wednesday October 13, 2010 - The suspense is still on...still no
confirmation of the key reversal...financial markets are
indecisive...but what good is it to have a Dow above 11,000 if the
Dollar is down?
Each day it becomes more and more important to adhere to our
investment
roster. Don't postpone your adjustments as
it will become harder and harder to do so and at a certain point simply
impossible. Remember that the HERD makes it all happen and you also can
be part of it (and a bag holder).
Whatever is said and written and published by the Authorities and
Bankers, months ago we wrote the point of no return has been passed.
In other words, the only think 'they' can do
is to increase the Quantitative Easing (inject cocaine)
each time the system shows symptoms of failing in the hope to keep it
alive. Turning back would result in a catastrophe. This will result in
Hyperinflation and puts a safety net under the World stock markets. As a
matter of fact - everything which is happening - simply confirms our
vision is the correct one.
Because the
Dollar
has been - and in a certain degree still is - the World's reserve
currency, it would be logic that the hyperinflation
starts in the USA once the bond market and the Dollar collapses. The
danger is however that such could - because of the interconnection of
the financial markets and banks - Such is coming closer each time the
FED cements expectations of more quantitative easing...more
UK inflation flat as drop in airfares offsets clothing costs.
CPI in Britain held steady at 3.1% (you only have to believe this) in
September with falling airfares and petrol costs offsetting a
record jump in clothing and higher food inflation. Airfares and
petrol costs will go up again later this year....more
If you stubbornly keep sitting on
Bonds, better give the funds away to
charity today. If you keep
sitting on Bonds because you loose on them, we can tell you now you will
loose over the coming months A LOT MORE if not all the money you have
invested in these.
Whatdo the
banks do regarding the securitized mortgages it sold? Buy
them back? There isn’t enough money in all of their balance sheets put
together. Most banks are technically bankrupt. There
is no way to bail them out and they will for this reason rot to the
core.
Even Goldman Sachs is reading our newsletter.
Today, they had to face reality and had no alternate but to adjust
their Gold Objective to what we have been projecting years ago...moreGoldman even forecasts a sharp decline for the Dollar
next year at a time where many European Banks still incorrectly
prophesy the Euro will crash. If we remember well,
we published this last week (we expect $ 2 = €1)
Tuesday October 12, 2010 - Will the key reversal for Gold and
Silver be neutralized?
Commodities
(is where a lot of action is) continue their march and will do so well
into 2011 as shortages built up and (hyper)inflation adds to the upward
pressure.
We have yet no idea how the Authorities will be able to cope with
this Commodity geyser? Cook the figures even more? Invent another index?
Meat prices are
poised to extend a 14 percent rally this year that drove U.S. retail
costs to the highest levels since the 1980s as surging corn futures
prevent livestock producers from expanding their herds.
The U.S. cattle herd in July was the smallest since 1973 and
the number of breeding hogs last month was near the lowest
ever, government data show. Corn futures jumped to a two-year
high today and the price of the main feed ingredient is more than 70
percent above the 10-year average.
U.S. per-capita
beef supplies next year will be the lowest since 1952 and pork the
smallest since 1976, industry researcher CattleFax said. Hog
futures will rise 14 percent by July and cattle may gain 3.6 percent
by April, according to a Bloomberg survey of analysts. Wendy's/Arby's
Group Inc., the maker of the 1,360-calorie Baconator Triple burger,
and CKE Restaurants Inc., owner of the Hardee's chain, have warned
investors they are contending with higher commodity costs.
"If grain prices
go up, then meat prices are going to have to move up," said Mark
Greenwood, a vice president at AgStar Financial Services Inc. in
Mankato, Minnesota, who oversees $1 billion in loans and leases to the
hog industry. Corn costs "tempered any enthusiasm there was on
expansion," he said.
The next important resistance level for $-Gold is $ 1380.
Monday October 11, 2010 - "Columbus day and Bank Holiday" - Up in nominal Terms and down in real money.
Wait for confirmation.
If
the Dow Jones confirms its breakout this has severe implications for
Gold and Silver, Fiat currencies and for the (hyper)inflation.
We wonder how it is still possible that several sources try to propagate
Deflation at a time when even Blind and Deaf people are actually aware
that we're in for something that will shock the world. The IRONY is that
the Media write that the Dow Closes above 11,000 on speculation Fed (QE)
help is coming!?
In other words, the Economy is falling apart but the Stock Markets are
up because the Authorities are administrating another shot of Cocaine
(QE)!? If the Dow confirms its breakout, Gold and Silver will go
parabolic.
This year the Dow Jones and the SP500 are up by about 4% to 5%. Gold and silver
are up by A LOT MORE!
So
why the heck keep wasting all your energy, time and money towards slumpy
investment instruments?
The good news is that we suspect that the
World stock markets are in a reversal
process and about to break out. The bad news is that it is happening
because Hyperinflation is imminent. The coming action
will either be the result of a breakout of a reversed bullish Head and
Shoulder pattern (either the result of a breakdown out of a Bearish
wedge). We expect that
because of the mixed ambiguity and unclear picture, the coming up (or
down leg) will be dramatic. IMPORTANT is that the
Footsie (Britain) = our canary in the mine shaft for all world
stock markets has broken out of a bullish wedge. The Austrian
Stock market index has also broken out and many others probably will
before year end. At least this is what our Candle charts are telling us.
CNN poll: Bush pulls even with Obama or how a Democrat destroyed his
image in less than 2 years time?...
There is little doubt the Democrats will loose the Elections this
November (Congress)...more
History proofs politicians ALWAYS mess up things and the Natural Force
of Nature ALWAYS cleans up the mess!
What the heck has become of society?
Soros
warns China of global 'currency
war' (something we have for years now). George Osborne threatens
banks with new taxes (after they almost brought down the World
financial system in 2008). In
Belgium King Albert II is trying another trick to keep his job. In
France people who worked all their life for their
pension are all of a sudden told they won't get anything for another
two years.
Soaring food prices threaten new food crisis. The Herd keep
believing in
Keynes although each day proofs his theories don't work....
IMPORTANT: if $-Gold and $-Silver
make a NEW High, the key reversal is not valid and prices will
continue to go up. $-Gold needs to break through $ 1360 to confirm
this. $-Silver must break through $ 23,50. Also check gold
expressed on other currencies before you act.
Friday October 8, 2010
Since December 26, 2008 our
portfolio is up by 61% when expressed
in Fiat Dollars, up by 52% when expressed in Fiat Euro's and up by 3,08%
when expressed in Real Money or Gold.In other words we did 3,08%
better than GOLD. [Gold was $ 850 at that time against $ 1330 today or
up by $ 480]
Only 7 days ago we informed our subscribers that Crude Oil was
breaking out and Oil stocks were a steal.
Many Investors are like patients in pain which are seeing a doctor
but refuse to take the prescription. Others prefer to
follow the free advice of Bankers and other Financial institutions. Very
dangerous it is. We 'only' charge $ 399 for one year and are worth every
cent of it!
NOBODY has
Gold
yet!!! Our charts urge for some CAUTION...do you have to delay your
purchases of Gold and
Silver?
...only if our charts confirm what we expect!
Gold and Silver
shares show similar patterns.
Off course Central banks manipulate the Silver and Gold markets.
Off course they lie about the economy and dare financial
situation they are in. They always have and always will....more
Thursday October 7, 2010 - TODAY THE
SUBSCRIBERS' SECTION IS OPEN TO ALL ! - We have over 135 pages -
click here for the Site
Map - Those who have no GOLD MUST buy some NOW !!!!! - Our
subscribers are these days earning a lot more compared to the small
subscription fee we ask.....
We're heading straight to a financial, economic and human disaster.
And yet, most people behave - like most Jewish
people did in 1939 and later during the war: they simply lined up and
were shipped like cattle to the concentration camps where they were
exterminated. Insurance and Re-insurance co's are in a dare financial
state and the pension funding of the retiring baby boomers cannot be
done. Note that more than half of the reserves of the (re)-insurance
co's consists of DANGEROUS ARTIFICIALLY INFLATED BONDS. [click on the
thumbnails to enlarge} - If you know of any other solution for these
problems (apart from printing money, you can stop buying Gold and
Silver)
This is the BIG expected breakout for
$-Silver! Check the
long term Point and Figures and candle chart inside the subscriber's
section. What is happening right now is a life example why it is so
dangerous to trade your positions and that it it wiser to sit on what
you have and add to your positions during dips! Sooner or later Silver
will correct and test its breakout level...
ASA
is a school example of how Gold and Silver mines will geyser over the
coming weeks and months. Anglo Gold is a perfect example of a bullish
cup and handle. Are you in or are you still
standing on the side lines? If you still have no or few Gold and Silver mines
and you don't buy some now, you have a severe intellectual problem!
Browsing through traditional main stream Financial & Stock market
advisory publications (with the exception of i.e. Beursparels,
Roland Vandamme,...)
we haven't noticed a lot of these advising their paying subscribers to
buy the Gold and Silver sector. Obviously they still don't understand we
have a paradigm shift....We have been holding the hand of our readers
and advising them in the right direction since years and as a proof to
new readers, we kept charts which were published January 2010.
Wednesday October 6, 2010 -
US
Cities in Debt turn to States, adding Strain. Nobody
seems to understand that this situation is a lot more explosive than
Enron was before it collapsed...moreFor this reason
Government
and
Corporate Bonds remains extremely explosive and dangerous and
must be sold.
It is EXTREMELY important that the investor checks the price
evolution and technical pattern and charts for Gold and Silver expressed in a number
of Fiat currencies and last but not least in his currency BEFORE
he can make up his mind and decide about selling or
buying. While $Gold
is making new highs and this can go on for some time. Such is however at
this time not (yet) the case for
€-Gold, (clearly
below its top - but € 1260 is surely possible in 2011), Pound Sterling Gold.
(showing a bullish pattern).,
SA-Rand Gold, .Yen-Gold,
CHF-Gold
(old top is FS 1440),
Aussie Gold, (top is
1540),
CanDoll-Gold(new high),....
The breakout of
$-Silver
on the monthly chart surely looks impressive and promising!
With Gold and Silver breaking out, should you invest in ETF's? NO WAY
!!!!!!!!!!!!!!...When you buy gold and silver
physically backed ETF's, you do not own the physical metal; you own a
paper representation. With respect to the gold ETF's, for every share
you buy, you "own" one tenth of an ounce of gold; for silver, it's 1
ounce...more
The
Dollar Index
aiming for our objective! Sometimes we keep older
charts to show how precise our previsions can be.
Real Estate bubbles do not occur spontaneously. If
people bought lots of houses on a free market, interest rates would rise
(and not fall) as the loanable funds are depleted. That would put an end
to speculation in real estate! ...but
fractional reserve banking and the creation of fiat money
out of thin air and the manipulation of the financial markets by the
Authorities allowed this to happen anyhow.
We have entered an era where the Media simply CANNOT and MAY NOT BE
TRUSTED.The quality of the Financial (and other
Media) in Europe and the USA has fallen to an extremely low level. We
have also experienced it: several emails were sent to a (prominent?)
Belgian financial Magazine to inform the editors that March 1st,
2011 Huerta de Soto will present
the Dutch translation of his book Money, Bank credit and Economic
cycles...not a sign of live!? In 1970, 70% of the Americans trusted
the Media. Today the number has fallen to 43%! Part of this evolution is
the result of the fact that more and more [click
here for more on global cooling.] people experience the Media as
a propaganda and taxation tool for the Authorities. The Climate change (global
warming and Carbon emission) is a good example. For Joe Average it is
off course easier and indicated to BELIEVE the crap these media ...after
all, it is printed in a Newspaper or brought by a pretty and good
talking girl (if not by some important honest politician) on television.
They know...Whistle blowers are mostly not believed....until it is
too late!...click
here for more on global cooling.
Tuesday October 5, 2010 - TODAY THE
SUBSCRIBERS' SECTION IS OPEN TO ALL ! -
Last week we warned we could have a correction for
Gold and
Silver during the month of October.
In all cases, do not trade as there is always a risk that
we are wrong. Those who have no Real Barbaric Money (Gold and Silver)
MUST buy their 1st position now (at any price) and use any dip to add to
their positions! (instead of believing the crap which will be
sold by the brainless Top callers and Prechter fans). Worst case scenario, it is
possible to test the neckline of the bullish Head and Shoulder
formation. In the
Subscribers' section we shall publish if and when we think this can
happen...Stay tuned! Gold will stay up and continue to go up! See
our Objectives...more
The Dollar index is oversold and the Euro/Dollar overbought.
A correction is plausible but not sure and should be used
to reorganize your savings properly. Don't be carried away by Top and
Bubble callers which we have no doubt will show up once a correction
sets in. The Dollar can fall as low as € 1.46 by year end and we
can see $ 2 = € 1 for 2011. Having said this, not the Dollar/Euro
relationship but rather the GOLD price of fiat paper Dollars and Euro's
is important. [resistance and
support levels for the Dollar/Euro are CLEARLY visible on the charts in
the subscribers' section]
Monday October 4, 2010
You
are important to us and we would like to read your opinion so we can
make this site even more interesting and helpful to you. PLEASE take the
time to complete the feedback form. Click on the form to the left to
start...more
Contrary to the general belief, AGRICULTURAL land does follow the
general downward trend of Real Estate. Today it is
most of the time not wise to invest in land. Only buy REAL ESTATE when
the price is right...like $30,000 for a Condo in Deerfield Beach,
Florida is a SUPER SALE!
The price of Farm land was/is also the result of misallocation of
funds by the Authorities. Not hard to understand if
you know that the EU is spending € 55 bn a year on farm subsidies. Funds
however are allocated to CERTAIN farmers only.
The
video clip provides information
which goes beyond your imagination. Buckle in before you watch it...more
Friday October 1, 2010
Has
Crude Oil
has broken out? Only a week ago we noticed
an article in an leading financial newspaper preaching the end of
expensive energy because of falling demand. It was clear that the author
had never heard about
Peak Oil (we have and we wrote about it). Oil shares
will as usual follow...or have they become leaders!?.
See our shopping basket inside the subscriber's section. As usual our PF
charts provide the best picture...more
[a give away for non-subscribers is OXY]
The Wall Street Journal has been tracking the Bank Failures in the
USA....click
here for a rather depressing Map. Because
of the intervention of the FDIC (in the USA) and the ECB in Europe, we
have so far not seen any run on a bank. We probably won't until the day
where we have Hyperinflation. But an accident can happen at any time.
“Each
big inflation – whether the early 1920s in Germany, or the Korean
and Vietnam wars in the US – starts with a passive expansion of the
quantity money. This sits inert for a surprisingly long time. The
effect is much like lighter fuel on a camp fire before the match is
struck.
Electric cars are here to buy: Renault.
France has historically been a leader in automobile innovation: front
wheel traction, Van's, independent suspension,... They now presented
their electric car: automatic, max speed of 130 km/h or 80 mph, have an
autonomy of 80 km. Easy to recharge and cost less than 1/3rd of a traditional
car to operate. This story will hit the front-pages as soon as the price of
Crude oil
breaks once more through the $ 100 dollar level.
A
bargain with the Devil it is. The Federal Reserve is
close to embarking on another round of monetary stimulus next week,
against the backdrop of a weak economy and low inflation-and despite
doubts about the wisdom and efficacy of the policy among economists and
some of the Fed's own decision makers. 
Quantitative
Easing is like healing the sick through bleeding back in the 1700s. It
is a terrible economic policy which in fact should be considered a
criminal activity. Such a policy is possible
because of Fractional Reserve Banking, the creation
of Fiat money out of thin air, irresponsible politicians
and an uneducated Herd.
We
have clear signs that QE II will be alive by Halloween.
The November 2 elections in the USA will without any
doubt curtail the Democrats and their socialist plans. Don't expect
however that the slide will solve the problems. As we wrote on several
occasions, the Point of No Return has been passed and whichever pilot is
flying the plane has no other option...unless he wants to be shot out of
the air by the People. RADICAL changes have become impossible and we now
only can wait until the Black Swan arrives. Those who continue to live
in disbelief and think we're idiots will pat a huge price for it.
Those who are so naive to believe Geithner that he won't embark on
a devaluation trip of the Dollar are as naive as
all those who believed the same nonsense in the 1970's and 1980's when
Finance ministers promised not to devaluate the Peseta, French Franc,
Italian lira or Greek Drachma a week before it actually happened.
We have experienced all this and know better! To add to the fire, the
US plans another $ 500 bn of QE...
Social
unrest will get worse as the hyperinflationary crisis gets worse.
Not a time to be a politician.
After Greece
and Spain, France is trying to solve an unsolvable problem
(there is no money left for the pensions and this will only be worse in
a couple of years when more baby boomers retire)...
China
is a High Order Capital Good country. The
Chinese financial system has been growing like a mushroom and is highly
unregulated. Financial information about China and Chinese companies are
not easy to find and once found, even harder to understand. China will -
as manufacturing entity of the West suffer in an exponential way once
the Hyperinflationary depression kicks in.
Public
Enemy # 1of the Central Banks. Too much too high and
too fast is also dangerous for Gold and Silver. But there is always a
"IF" . IF you have NO GOLD you MUST seriously consider buying some. Gold
and Silver have a small market capitalization and disliked by the
Authorities. No doubt they will try to get the price down once it's
seriously overbought by using Paper Gold and Paper Silver.
Each day it becomes more and more important to adhere to our
If
the Dow Jones confirms its breakout this has severe implications for
Gold and Silver, Fiat currencies and for the (hyper)inflation.
We wonder how it is still possible that several sources try to propagate
Deflation at a time when even Blind and Deaf people are actually aware
that we're in for something that will shock the world. The IRONY is that
the Media write that the Dow Closes above 11,000 on speculation Fed (QE)
help is coming!?
In other words, the Economy is falling apart but the Stock Markets are
up because the Authorities are administrating another shot of Cocaine
(QE)!? If the Dow confirms its breakout, Gold and Silver will go
parabolic.
US
Cities in Debt turn to States, adding Strain. Nobody
seems to understand that this situation is a lot more explosive than
Enron was before it collapsed...
We have entered an era where the Media simply CANNOT and MAY NOT BE
TRUSTED. The quality of the Financial (and other
Media) in Europe and the USA has fallen to an extremely low level. We
have also experienced it: several emails were sent to a (prominent?)
Belgian financial Magazine to inform the editors that March 1st,
2011
Has
+1
(772)-905-2491