Sunday, September 30, 2012

CRUISE OF THE GHOST SHIP

All aboard for the cruise of your life. Your course is set, but the problem is there really is no captain or crew. You're on a ghost ship. No one has ever been on this course before. A global game of currency wars between the developed over-leveraged nations debasing their currencies in a devious game of chicken. How long can they pay for their over-extended borrowing game to pay for the lifestyle, their entitlements, their military, their infrastructure?? Now it has reached the "end game". In other words who will blink first? How long will the cooperative global debasement of currencies/sovereign nations be maintained. How much "austerity" will some country's citizenry take before the unholy alliance of the politicians begins to break down. Can the technocrats keep the banker's strangle hold on the proles. Is it possible for this end game to play out to a completion? A tremendous amount is at stake. Can hubris trump the proles? It has for decades even centuries.

http://www.zerohedge.com/contributed/2012-09-30/3-time-emmy-award-winning-cnn-journalist-mainstream-media-takes-money-foreign

Now the game is shaping up into clear sides. The haves (resource rich countries).......and the developed world (the have nots).......That's correct we are now the have nots and our reserve currency status is still maintaining the Petrol dollar stranglehold on the "haves" and they are becoming increasingly unhappy with our bully status. Now you are starting to recognize WHY our military is really there. Preserving our "way of life" is only part of the reason. Preserving the entire "system" of corporate, oligarchy is more accurate. The West vs the East. The mastery of not only the developed nations but the control of the developing nations into the global system. "Ultimate Control" is the end game. Out of chaos will come order. Right now we are entering chaos. The other side is the ultimate goal with complete global domination. Expecting us to get there without paying a price is not in the cards. Profligacy will have a cost.

If we get a sideways to downward move in PMs and PM equities over the next week or two, it would be very bullish as a nice handle on the $GOLD cup would be formed. On the other hand I really don't care at this point. Shaking out new leaves is expected and how they do it should not concern us here. The bullish move in PMs on this move is still early and will ultimately make your suffering from the past year or more seem like a cloudy memory. Own physical and stay positive for the "other side".

14 comments:

  1. Hello, I came to your blog and have been reading along your posts. I decided I will leave my first comment. I have enjoyed reading your blog. Nice blog. I will keep visiting this blog very often…

    Lifestyle couples

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    1. anecdotal info from your area is always enjoyed.....gl

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    2. swingers are into gold? maybe a gold body chain on the lady and guy has silver necklace and silver pierced tongue...

      everybodies doing it...the golden oldies are upon us..

      cheers to all..Interesting on the spike up on not really a great ISM that the Vix rose? huh...

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  2. On Phil Davis's site today, he writes that Deutsche Bank feel that "things are good enough" to package several Commercial Mortgage Bonds rated BBB- together, and then rate the bundle "A". He finds it appalling that this is still legal, considering what happened in 2008.

    Just amazing.

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    1. its still "in your face" because they can't sustain the system without trying to do more of the same.....it will not have a long half life this time around

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  3. general equities getting a nice short squeeze......too bad for the shorties...its the only source of liquidity in the market for the big boyz to steal. BEWARE playing this game from the short side......this is your fate....unless of course you can guess the big boyz moves.....running some stops next on the agenda this week//////probably even today

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    1. they will not let you short right now unless your cajones are big enough to handle it....

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  4. Chuck, vix almost unchanged on the day...Hmmm.


    OT: Sold the first crop of watermelon and cantalope. Got 1.41 and 1.50 ea. I have a new skill fruit picker. lol. I have to pick 200 water melons in the next few days. hehehe!

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    1. great job sheeps.....it all adds up and it will add up a lot faster when its double and tripled over the next year or two

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  5. http://dailyreckoning.com/germany-tip-toes-toward-a-euro-exit/

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  6. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/1_Expect_Aggressive_Stimulus_As_Gold_To_Smash_Through_$2,000.html

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  7. Thanks Kli. Tis a bit of work and I am selling a quite a discount to prime da pump. Already plnning on 2x the sq ft for next year.

    The euro is toast. They saved it last night for sure. Germany needs to get out of the Euro. Then they can debase the crap out of the euro.

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  8. Yum sheeps. Watermelon/cantaloupe so good and good for us. Strange day, nasdaq not joining the party...and what good is increasing employment with decreasing wages and higher commod prices?

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