Tuesday, February 14, 2012

WHILE ROME BURNS

And the great casino stays open. What's next? If you listen to the mainstream pundits and your lyin' eyes then I guess we are going to grow our way out of this without anyone addressing a structural unemployment catastrophe and just plugging money into every leaking, monetary orifice in the entire world. Without a constant infusion of freshly minted fiat to maintain the enormous debt service of a bloated deteriorating western world we would already be deep in depression. So how long can it go? As long as the system is able to manipulate the free market and suppress the price of essentials then they can maintain the "extend and pretend" policy of monetizing the collapse. THIS IS A WAR BETWEEN THE DEVELOPING NATIONS AND THE OLD DEVELOPED WORLD. Those with the resources resent that the central bankers are able to print the fiat of the two major currencies (in particular the dollar) that is essentially allowing a free ride for their system to continue an unchecked consumption of the developing world's natural resources.

This has been the game for several centuries. The difference today is that these countries see their resources dwindling. They see the end game. They see there has been a game of attrition that will leave them the odd man out as the game of musical chairs eventually ends and the natural resource nations have no chair. The natural resource nations want their chair in the future and they are learning (in part to the internet) what the real world war is. People like John Perkins have informed many people what our game of new world order is REALLY about. Increasingly a number of these countries AND their citizens are trying to find a way to protect themselves from the central bankers plundering of their wealth with the fiat attack. Holding on the hard assets with the purchasing of enormous reserves of oil, iron, coppergold etc. by the likes of China and India is one way to create reserves outside the fiat realm. This will continue to be the world war that we are fighting in. The central banks trying to run out the clock on the drain of the natural resource wealth of the "developing" nations to feed their parasitic appetite for control of the world. This will ultimately go down in a biblical conflagration even worse than the fires that have burned across the world in Libya, Tunisia, Greece, Egypt, Yemen, Syria, Spain, Iraq, Afghanistan, Italy......these are the sentinel fires.


look at this monthly if you think the daily is overbot

15 comments:

  1. http://www.fool.com/investing/general/2012/02/13/top-stocks-at-half-price.aspx

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  2. That is a great chart of AG. Looks to easy.

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  3. vid on gbg is for interest only......be careful on this junior ....its ore grade is borderline and and profitability will be limited

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  4. holy shit...surprise surprise....spinning top close on AG just above the lower trend line of the channel

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  5. Just to confirm, ag spinning top s/b reversal to the upside. And found the MFool article on PAL with mixed msg. At one pt. says cheap, another says not a good stock. Bought a little bidu today going into earnings on Thurs., fingers crossed.

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    1. spinning top is indecision....but the close to keep it in the channel looks bullish...but they put a spinning top on the candle to keep the buyers nervous so they don't load up...if they rip it up tomorrow then you know.....if they drop it then a good chance we retest the recent low

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  6. http://www.fool.com/investing/general/2012/02/14/this-sector-is-suddenly-a-gold-mine-of-value.aspx

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  7. You know they say a picture is worth a 1000 words.......

    http://demonocracy.info//infographics/usa/cost_of_war/cost_of_war.html

    Sickening

    Sweet move in LNG just to bad I wasn't looking!

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  8. well well well......AG was a hint on the PMs.....at least so far

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  9. opening market gap up filled.......now lets see if they ramp the PMs with the market

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  10. I don't think CGR is a good chart to make decisions on the general market with.

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    1. i dont think any individual miner is a good chart to make a general market decision on. The miner I was alluding to was not CGR but AG and that was for the sector not the general market. The general market will decouple from PMs and PM miners at times.....no one can predict when. As far as CGR is concerned this will be a monster winner in percentage terms. You better not own it....

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  11. bull flag forming on gld.........KGC bullish outside reversal........

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