Sunday, July 7, 2013

STORM CLOUDS BREWING

Events are swirling around the world on a scale never seen before. Each crisis that is temporarily patched is followed now by two more within a matter of days. Governments are collapsing faster than Kim Kardashian's marriages. The ponzi has to reconcile nature's law and that is not a task that even the ponzi is capable of. For one, the law of unintended consequences is beginning create crisis that no plan exists for.

Wars are raging in more countries every month now as the pressures of global economic collapse exert their toll. Not only do we have Afghanistan and Iraq to deal with but now Egypt is blowing up into an outright Civil war. Syria gaining traction against the Al CIADA rebels has been a big blow for the ponzi and it looks like the road to Iran has been temporarily impeded. Pressure will remain to open that front on the Prez and the Pentagon. It may take another false flag but the dye is cast. We need war. Its our only export of significance. 

China and Russia know they are being dragged into direct conflict with the U.S. but want to prolong the eventual confrontation and of course its unclear which power will be the first to engage. Russia may decide to throw its lot in with the West, but they know that will be capitulation to the true power. Right now both China and Russia want to see if they can push this out until the West is mired in such economic quick sand that it cannot support its military in a long conflict with the dollar reserve, and hope that a regional conflict or proxy wars will suffice to fulfill the ponzi's need. 

Of course the ultimate goal in the game may be nuclear or biologic or both. Its the ultimate reset. Population control with 6 Billion dead and the wash, rinse, repeat cycle starts again. The best and brightest will be prepared but many will not. You're entering end times and you are seeing the cycle accelerating fueled by a realization that central planning is breaking down. Restaurants are full and the creation of the recovery illusion becomes more desperate and shrill. Its an illusion and its all for you....enjoy. gl

“Since mankind's dawn, a handful of oppressors have accepted the responsibility over our lives that we should have accepted for ourselves. By doing so, they took our power. By doing nothing, we gave it away. We've seen where their way leads, through camps and wars, towards the slaughterhouse.” 
― Alan MooreV for Vendetta










35 comments:

  1. Hello everyone,

    I found this Martin Armstrong video about the price of Gold on Trader Dan's site (comment section). Hopefully this link will work.

    http://armstrongeconomics.com/wp-content/uploads/2013/07/Texas-Conf.mp4

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  2. http://truthingold.com/?p=2876

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  3. Sobering post Kli, hopefully you're wrong or else the only survivors will be eskimos!

    Anyone have a look at 30-yr mortgage rates? 4.75%! Yeah that's right, some banks are at 4.75%...there goes the housing 'recovery'! Someone really wants us to know that tapering is BAD. Imagine if the FED actually stopped printing, or things spiraled out of control. Mortgage rates would be 7% or 8%, maybe higher.

    I wanted to touch on the subject of the widening gap between the rich and poor again. Like I said, I spent the past 2 weeks in the ME, much of it in Lebanon. The middle class that existed just 10-15 years ago has been wiped out. Corruption and inflation are out of control...more $ finding its way to the rich while the rest can barely purchase essentials. You drive down a street and see 100 cars. 3 or 4 are Ferraris/Lamborghinis/Aston Martins, 4 or 5 are 'middle class' Jeeps and Fords, the rest are broken down 1982 Peugots. Feels like a preview of the US if things continue this way for another 10 years. It's even worse in other places. Just further reinforces the point that the economic system is at its end stages and that it CANNOT continue this way for much longer. Scary stuff...what's land going for in Alaska these days lol

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    1. land in Alaska very high and remote locations accessible by float planes also very high (I wonder why....;-) ) There is an element that is pushing hard for this "showdown at the OK corral" and they seem to hold a lot of cards sammy and may not be stoppable.....that's why we "talk"

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    2. Sammy one must be cautious if they are "rich" ...they are targeted by the ponzi for their "wealth" but perhaps more importantly their "wealth visibility" makes them potential lamp post ornaments as the masses become hungry and angry. Overt signs of wealth are to be avoided

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  4. http://theeconomiccollapseblog.com/archives/15-signs-that-the-quality-of-jobs-in-america-is-going-downhill-really-fast

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  5. http://www.zerohedge.com/news/2013-07-08/overnight-egypt-or-preparing-counter-coup

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  6. http://www.silverseek.com/article/silver-companies-ones-you-have-own-12268

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  7. KLI: don't get mad. I went long on GLD today. Just a small position. This chaos in Egypt is just too juicy to pass up.

    Don't worry, it's just gambling money.

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    1. hope it works out Jay...short term prolly no problem but watch out down the road.....

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  8. Avoid all paper plays, long or short, and keep powder dry to buy some physical once gold goes below $1000.

    That's my personal strategy, and in my humble opinion, the safest option, all things considered,

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    Replies
    1. I REALLY do hope that 1000 gets visited bud.....yum yum...will have fiat by then

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  9. http://dollarcollapse.com/precious-metals/european-central-bank-gold-buying-remarkable/

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  10. http://news.goldseek.com/GoldSeek/1373311641.php

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  11. http://globaleconomicanalysis.blogspot.com/2013/07/german-exports-decline-significantly.html

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  12. Gold
    1,235.70
    23.00
    +1.90%

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  13. keep your eyes on the 10y bond....if it breaks 2.78% then katy bar the door this ponzi will get ugly fast

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  14. Kli, why 2.78%?

    And isn't the PTB still in complete control?...i.e. if 2.78 is the magic number, they won't let it get there.

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  15. if 2.78 is breached then the PTB have lost control of the Bond Market and that will usher in more QE even more massive than the current level. It may not happen immediately as they tout the ability of the economy to function "independently even with higher rates"...but this will infect the bond markets worldwide and it will be measured in terms of weeks or a few months NOT years....

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  16. Gotcha thanks! I'm surprised rates got to this point already, I thought maybe they're teaching us a lesson...to never ask for tapering again lol

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  17. What just happened? Gold +16 and silver +.30...

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    Replies
    1. perhaps they understand what this says

      http://www.zerohedge.com/news/2013-07-08/historic-inversion-gold-gofo-rates-turn-negative-first-time-lehman

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  18. Thanks Kli. Never heard of gofo rates, but gold did bottom in '08 several months before the market bottomed in '09.

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  19. http://www.moneynews.com/Markets/Rogers-gold-bull-market/2013/07/08/id/513785

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  20. China PMI hinting of some bad things getting worse, might help metals here..

    inflation seems to be starting to appear...

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  21. I'm still long on GLD...results have been good so far:

    Gold
    1,248.40
    12.30
    +1.00%

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  22. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/9_Game_Over_-_Its_All_A_Farce,_The_Fed_%26_German_Gold_Is_Gone.html

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    1. Regarding that gold, which could have had the symbol of the Bundesbank on it when it arrived in Hong Kong, a leading refiner, one of the biggest in the world that deals with the People’s Bank of China (PBOC), certified that, ‘Yes, we’ve got gold available that we can deliver. We’ve melted it down, we’ve tested it. It may have had the Bundesbank symbol on it when it arrived, but now it’s melted down gold.’

      That’s how it works in practice. So the Fed gold, that Americans think is theirs, is gone. The gold that the Germans have been told they will get back in 7 years, they’ll never get back because it doesn’t exist anymore (at the Fed). I own it. The People’s Bank of China owns it. The Reserve Bank of India owns it. The central bank of Russia owns it. But the people of Germany (and America) don’t own it.”

      Eric King: “So they (the refiner) have admitted then that the Bundesbank gold, they get those bars in and they just melt them down?”

      Kaye: “What they’ve done is confirmed that everything I’ve told you is correct. They get gold from all over the place, including major central banks, including the symbol of the central bank on them, and they melt them down.”

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  23. Can we trust Mary Ann Bartels of M/L? They are calling 1478 for YE and 1560 for 2014 altho may fall to 1154 near term: http://video.cnbc.com/gallery/?video=3000181491 Her numbers are higher than others I follow.

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  24. http://www.silverseek.com/article/silver%E2%80%A6-light-end-tunnel-12274

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  25. http://www.zerohedge.com/news/2013-07-09/golden-backwardation-rabbit-hole-gets-deeper-subzero-gofo-slide-accelerates

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  26. Amazon is giving away a free Kindle book that some here may be interested in:

    Technical Analysis of Gaps: Identifying Profitable Gaps for Trading

    http://www.amazon.com/dp/B0089EM3GI


    I haven't read the book yet, but for the price, free, why not download it?


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  27. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/9_William_Kaye_-_The_Savage_Gold_War_Behind_The_Scenes.html

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