Thursday, September 30, 2010
Wednesday, September 29, 2010
Tuesday, September 28, 2010
In many ways, it's worse, since this is a log scale.
Superimpose on this chart, the Nasdaq bubble, plus the ensuing decline, and you can see problems ahead for a long, long, time.
The crash in population that's coming could last for at least centuries, if I understand what this chart is saying to me...
Below is a log plot of the 1929 crash, the population chart I have above, shows the part represented below by the upward blue arrow to the top. A reasonable fraction of the time going up is taken to bring it back down to whatever level becomes the 'bottom'. This is the downward blue arrow pictured in the chart below. This concept applied to the population chart above could easily give a 'bottom' after a couple of thousand years, give or take...
Monday, September 27, 2010
UN ‘to appoint space ambassador to greet alien visitors’
Former Air Force Officers: UFOs Tampered With Nuclear Missiles
Can’t figure out what the powers that be are trying to pull with this stuff, except maybe fake an alien landing down the road apiece to destroy or discredit most of Earth’s religions to make people more docile.
No Alien in it’s right mind would come here, even if it were technically possible.
Because the Earth is a ghetto.
Sunday, September 26, 2010
Friday, September 24, 2010
I had an experience today in a public place where there was a television set running. Being there by myself, as is my habit, I turned the set off, to gather my thoughts. I regard television as mostly noise.
A young girl about 20 entered the room, and looked up at the TV on the wall. She said “Why is the TV off, is it broken?”
I said, “Yes, and it has been that way for 25 years or more.”
She then said to me “What do you mean?”
She was intrigued and puzzled and disturbed by my remark.
I said “Bread and Circuses” It’s like Rome, keep the people entertained, and they won’t care as you slowly steal everything of value from them. She had heard that before, I could tell this by her response.
Then I paused and said, “It’s worse than that, really. They are stealing our money, and also feeding us genetically modified foods, that will slowly kill us.” I explained quickly the issues there.
Then I said, “When they slaughter cows, they run them back and forth through a wooden pathway, and the cows never can see straight ahead, as that’s where a man with a sledge, drops them as they come through the gate at the end of the wooden pathway. The idea is to keep them distracted, turn them left and right, they never see what their fate is ’till the very end.”
Then I pointed to the TV and said, “You see, that’s your wooden pathway.”
Quietly, very quietly, looking down, she said “I get it.”
I saw her later that day in that same public place, looking down and looking “quite bummed out.” But I knew I had managed to reach one young person, about the deep core of our media soaked, twisted culture.
But I can’t in my own mind tell myself whether what I did was right or not……….
Thursday, September 23, 2010
I got these links from the Financial Sense Site
A guy named Mike Maloney talking straight talk to a bunch of Russian Bankers.
Very good presentation, very clear, and he managed to disturb the Bankers..
Mike says he’s speaking in the ‘belly of the beast’. Russian Bankers are not much different then ours…
This is interesting, amusing and a bit dramatic. Probably why Puplava has it on his site…
Wednesday, September 22, 2010
Tuesday, September 21, 2010
Monday, September 20, 2010
Sunday, September 19, 2010
Myth and Madness
Christine O’Donnell is in a fantasy world. Literally.
“We’re rowdy, we’re passionate,” she told the enraptured crowd. “It reminds me of the C. S. Lewis Narnia books, where the little girl asks someone about Aslan the lion, who represents God, and she says with a little concern over such a fearsome lion, ‘Is he safe?’ And her friend says, ‘Safe? Who said anything about safe? Of course he isn’t safe. But he’s good.’ ”
She’s right that there’s an untamed beast rampaging through American politics. But this beast does not seem blessed; rather it has loosed a kind of ugliness and wildness in the land.
We the People in the Ruling Class Elites do think O’Donnell comes across as alarmingly loopy. But maybe she’s smart as a fox in doing a Single-White-Female, Fox anchor makeover to look more like her queen-maker, Sarah Palin.
She’s also smart to think of politics in terms of passion and myth — two elements Barack Obama was able to summon during his campaign that are sorely missing from his presidency.
She might have gone a broom too far, though, when she once told Bill Maher that she had “dabbled into witchcraft” and went on a date with a witch that included “a midnight picnic on a satanic altar.”
Obama’s bloodless rationality has helped spawn the right’s bloodletting of irrationality. His ivory tower approach to the nation’s fears and anxieties about the economy gave rise to a tower of angry babble. Tea Party is basically a big tent for anger.
The president’s struggle to connect and inspire passion is a dispiriting contrast to, as Yeats said, the worst, full of passionate intensity.
The first African-American president, who wrote in his memoir that he trained himself as a young man not to let his anger show in a suspicious white society, now faces anger on an unprecedented scale from a mostly white movement.
He seems weary of crisis management, conveying the attitude of the hero in “The Incredibles” who has to keep saving the world: “Sometimes I just want it to stay saved!”
The president seems put upon and impatient with reality while his foes seem happy to embrace fantasy.
Obama can connect with policy. He just can’t connect with the objects of policy. Empathy seems more like an abstract concept than something to practice.
He has never shaken off that slight patronizing attitude toward the working-class voters he is losing now, the ones he dubbed “bitter” during his campaign. There is no premium in trying to save people’s jobs and lift them up and give them health care if they feel that you can’t relate to them. That’s how Mayor Adrian Fenty lost his job, despite D.C.’s progress on schools and crime.
The insane have achieved political respectability while the sane act too good for it all. The irrational celebrate while the rational act bored and above-it-all.
When Rahm Emanuel leaves to go run for mayor in Chicago, all the blood will drain out of the White House. And Obama can go to Ben’s Chili Bowl for lunch every day and it won’t matter.
Friday, September 17, 2010
Thursday, September 16, 2010
Tuesday, September 14, 2010
"In my last missive I wrote “Although ‘roll over’ in the futures will continue through the week, a good deal of the volume is already trading in the December contract. The Labor Day vacation period is over. Rosh Hashanah is over. Roll over is essentially over. There are no more excuses to be made by Mr. Market as to why he wants to continue impersonating Rip Van Winkle. The coming weeks should be more lively…”
Monday, September 13, 2010
Friday, September 10, 2010
Quite dramatic. Good quality film, overall
Britain took a pounding…
Wednesday, September 8, 2010
Tuesday, September 7, 2010
“Watch the Gold/Oil Ratio, which is poised to rise noticeably. Gold is the commodity king, namely it is money. The worldwide recession will keep the crude oil price subdued until the USTreasury bubble pops. Then, at that time, several major commodity hedges will jump in price, rendering a cost shock to the USEconomy. It is broken to the core, broken at the foundation, broken from grotesque imbalances, broken from vast pervasive insolvency. An inflationary depression lies dead ahead! Notice the recognition of Gold, its distinction as the king of commodities. The usual accepted hedge against the USDollar in Wall Street and London accounts has traditionally been crude oil.”
Me talking here:
The key words here are “inflationary depression”.
This is the final nail in the coffin. The bond bubble bursting implies higher interest rates and (much)higher prices for energy and other imported necessities. Employment, and the tax base collapses. Sovereign debt crisis for America rapidly becomes a currency crisis. With employment collapsing, money scarce, and the purchasing power of the money collapsing as well, all social and political structures collapse.
Similar events at varying magnitudes will occur across the West.
My thinking, this could all happen within a year of the first real recognition that the bubble has “burst”.
There is an earlier technical signal that would confirm a bond bubble bust then the upper trendline failure I have been mentioning. The 5 and 10 year yield curves have a sort of double bottom in place, or forming, as I have mentioned. The high point between the double bottoms, is at a yield of 2.8% on the 5 year, and 4% on the ten year notes. Those levels, when exceeded, will suggest to a lot of Bond technicians that the moment of truth has arrived.
If investors hear these concerned raised by the technicians, it may precipitate the crisis.
I would encourage all of you out there to examine these bond charts and familiarize yourself with the patterns I am pointing to...
Looking at the charts themselves, it is entirely possible that this point of recognition could be less than a year, or as little as some months out, depending on the way the charts develop...
Take steps to protect yourself..buy some physical precious metals...
Chart symbols :$TNX and $FVX referenced to Bigcharts.
Monday, September 6, 2010
A bit long but a 'must read' interview, How the Peak oil crisis interacts with the financial crisis.
Friday, September 3, 2010
Looks like it. I got knocked out of the bus going north, but it looks like I may be able to ride one going the other way, soon. The candlesticks showing up look like tops, and look at the Russell $VIX below, the volatility index is in the bands, and oversold. The chart at top shows the $SPX nearly at a high trendline, offering resistance.
Students are returning to school this week. But they’re not heading back to class — they’re walking straight into a war zone. Our kids have become cannon fodder for two rival ideologies battling to control America’s future.
In one camp are conservative Christians and their champion, the Texas State Board of Education; in the other are politically radical multiculturalists and their de facto champion, President Barack Obama. The two competing visions couldn’t be more different. And the stakes couldn’t be higher. Unfortunately, whichever side wins — your kid ends up losing.