Wednesday, October 3, 2012

HYPERINFLATION

Germans receiving baskets of cash for payroll

Hyperinflation is an evil and very powerful weapon now being aimed directly at the Iranian people. Is this a blatant act of war? The Iranians will either be crushed or fight. Or will the Iranians allow subjugation to the bankers? Will this soon spill over into other parts of a fragile world economy. The Germans still can't get the taste out of their national psyche. Can it really be the case that German policymakers make their judgments in 2012 based on what happened in the 1920s and 30s? We should never underestimate how much ordinary Germans fear a return to hyperinflation and how much Berlin's policymakers believe anyone who ignores this concern is soon out of office.
How does this affect the current conundrum?
The French want the eurozone to follow the example of the US Federal Reserve and provide unlimited funds to support troubled European economies........that's because France is a parasite compared to the economic powerhouse of Germany. Don't get me wrong. France is a fabulous country.....full of beautiful countryside with great wine, cheese, and women. Maybe a little short on showers and shaving but that is another time and another story. For now the topic is whether 17 countries that fought one another for hundreds of years can now suddenly give up their sovereignity to bankers and technocrats for another credit card?
How many Spaniards will it take in the street before the ECB starts to print in massive amounts? Then the Italians.....then the Portuguese.....then the Irish....and on and on. We have embarked on the final course of the Titanic....may our journey end better.
All of us have a rendezvous with nature. Its unavoidable......even the elite.....enjoy the game of life and don't forget.....if you lose your dignity and your morality.......then you have nothing. Make sure they don't take that from you. You do have that choice.

29 comments:

  1. Thanks for HL comments...using 14 rsi.

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  2. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/4_Rick_Rule_-_The_Availability_Of_Physical_Gold_Will_Disappear.html

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  3. scroll ahead to the amber lyon interview
    http://www.youtube.com/watch?v=3jBWakm1Uao&feature=player_embedded#!

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    1. scroll to the 45 minute and listen to the comment at 46 minutes about Erin Burnett.....

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  4. For years I would tell my colleagues that despite all we spend on health care, the American population will continue to grow sicker. I would get the occasional eye roll.

    Well, here is finally an article that supports what I have been saying.

    http://www.infowars.com/americans-may-be-getting-poorer-but-at-least-we-are-getting-fatter-and-sicker/

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    1. I used to walk 2 miles in Los Angeles to find a Carls Jr in the 70's, now their is a fast food place every .3 miles....plus we are processed food pigs...

      kli, good call on miner surge...dollar dropping against euro has become funnier everyday...unless your a saver..the euro needs to be par with dollar for any relief for UE and growth over there...

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    2. should get follow thru tomorrow if you are trading but I still think for most here the advice is still to hold tight for now

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    3. i really believe they want to hold gold in a trading range below 1800 for another three weeks...if so then some swing trades may be realistic...BUT....this could backfire on you if the miners decouple somewhat from gold price

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    4. Maybe they are waiting for 50 to climb north of 360 which would be close to your 3 weeks

      http://s17.postimage.org/ge8xqhli7/SI_10_4.jpg

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    5. yup.....would be in the cards....but doesn't change my strategy...just hold tight

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  5. TY and GM all. Just as a sidenote, ino.com has replaced the crb index at the top of the screen with the euro...it's now hard to find the crb index!

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  6. Replies
    1. no kidding....miners and financials are ripping..

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  7. SVM doing well.
    Kli, you were spot on with your prediction yesterday.

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    Replies
    1. thanks doc.....just added a 2h SVM chart above.....very nice channel

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    2. kli, if you had some extra cash where what symbols would you put it in on miner side right now?

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    3. hard to pick from my children...but also GPL CGR

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  8. Also HL looks great here and they may be announcing the reopening of the Lucky mine soon so just be aware of this one

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    1. thanks...would you spread any into nugt?
      what about LODE?

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    2. I hate nugt....it sucks liquidity from the miners and is a vehicle to indirectly control PM prices .....fochin bastids....once these paper scams are exposed it should send the miners into orbit

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    3. also if your timing is off the decay (as you know) can kill you

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  9. http://www.zerohedge.com/news/2012-10-04/wholesale-gasoline-shortage-california-causes-gas-stations-shut-down-hoarding-next

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    1. Thanks Kli for answers above,

      I saw the gas station headlines last night and don't find it welcoming...

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  10. miners will decouple from gold on a daily basis during the next few weeks.....just a guess

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  11. http://www.marketwatch.com/story/morgan-stanley-in-commodities-unit-talks-reports-2012-10-04?link=MW_home_latest_news


    sell majority stake,keep minority stake bypass dodd frank....my poem for today....criminals.

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