Friday was wild, but I stick with topping patterns on precious metals.

Here is $Silver again...These particular views don't show nodes but there are multiple trendlines just above the current $Silver price.

$Silver also showing topping action...

Combination of a trendline touch and a .500 node (currently .50648)...looks like it is due for a trend change just like $Gold and the $Dollar.

$Gold has likely topped again...

The 'second order' nodes on this diagram are all around 1.00, so we probably topped here on 5/22/09.

Apologies, but those nodes are not visible on the normal chart.

This call is consistent with my call for a temporary bottom in the dollar at this point.

Bilderberg 2009

What the Elites have in store for us...Oh Boy!

http://www.globalresearch.ca/index.php?context=va&aid=13738

More antics by the Financial Oligarchy

I believe fully that the financial folks are intent on bankrupting the country.

It's more than just a coincidence that the Pension Benefit Guaranty Corp managed to give control of it's fund to Goldman Saks just two months before the debacle of October 2007. Huge amounts were then lost in the fund after years of the fund being in relatively safe government bonds... But I'm sure Goldman Saks was able to dump some of it's toxic assets...well, good for them. Right.

http://www.bloomberg.com/apps/news?pid=20603037&sid=aMkMXYrEwqpg&refer=home

$USD charts...

Note here that we're almost resting on a exponential trendline (middle chart) and are very near a .250 node (bottom chart).
Current node reading is .24515...so any bounce is close, could be now or a little ways into the future...
I would feel that any dollar collapse concerns are more than a bit premature at this point...
Long time readers know that major moves usually don't terminate until we get close to the .500 nodes, which in this case is still a ways off. That is to say the dollar rally shouldn't end before the .500 nodes are reached on one of the three charts, even though it may not appreciate in value all that much before then.

Just thought I would add, the approximate .500 node dates I'm talking about are 8/26/2010, 3/3/2011, and 12/19/2011, so the end of the dollar rally could be near one of those three dates.

$SPX testing uptrend line...

Although the node characteristics are favorable, caution should be exercised as the current trendline is being retested...Should this trendline fail (and it might) there are a couple trendlines below the current one. With node readings around .27 to just under .37, it would be very unusual for the whole rally to come apart this soon.

Tax Revenues Tanking (courtesy Financial Sense Editorials)

http://www.financialsense.com/editorials/casey/2009/0519.html

It's amazing how fast the U.S. economy is deteriorating, and how quickly the government is running out of wiggle room...

There's more rally comin'

We've just had a perfect node & trendline signal on the $spx. Passed through the .250 time node and trendline support held. Classic. Actual node value at bottom was .25839. or 1.56% off from ideal.

(.25839/.25000)= 1.0156

$spx closeup...

As of this morning we are at a .25 node and at a trendline...It could bounce here, but we'll have to watch it the next couple of days. This is of course based on the "second level" trendlines and nodes...If it does bounce here solidly, then the rally is obviously starting the next leg up...

$NDX charts...

Obviously, we're in the 'B' wave now...and probably will be for a few more days...
Remember, my scenario is we drop for a bit here, stabilize, and then do a 'C' wave higher into mid-July....That should be the top of the Bear market rally, and then All Hell Breaks Loose throughout the end of this year and then into the next year...

$SPX charts...

Denninger, Again!

My hat is off to Denninger, he does his homework well...

This article by him shows how the Federal government is trying to change the (financial) balance of power between the states and the Federal Government, to make the Federal government have final say over EVERYTHING.

http://www.bayridgetalk.com/comments.php?DiscussionID=13097&page=1

The story of STUFF

This is SO well done...please share this with others..
http://www.storyofstuff.com/

Especially share with people you know that don't have a clue, but you may have to sit with them and force them through it... After all, that reaction to things like this is why they're clueless in the first place...

I believe this link has had 10,000,000 plays so far...that says something...

This also explains indirectly why we're probably not just in some little correction over the last two years, a bigger story is ending....

Denninger on the economy

http://market-ticker.denninger.net/archives/1030-The-Economic-Tsunami-Is-Curling-Over.html

I like his logic on the "Singularity". Any comments? Does anybody see anyway this could be avoided?

Americans ready to be lied to...

From the Onion...

http://carolynbaker.net/site/content/view/1087/1/

Closeup of the rally on $SPX...

This is a closeup of the "second order" trendlines on the $SPX rally. On this time scale, as you can see, we are just passing the .25 nodes now. It's uncommon for a swing to end at the .25 nodes, though you can have corrections here...Since the usual minimum node for an ending is .500 or so, this rally has quite a ways to go, timewise...

So where are the .500 nodes in time? Here they are: 6/25/09,7/15/09,and 8/13/09 for the 1.272, Average, and 1.382 nodes, respectively. There is also a major Bradley date on July 15, 2009. Coincidence?

$SPX charts...

Uptrend still looks fairly strong...

$NDX charts...

Still climbing...

As if there was any doubt...

The Banks own Congress...(and maybe the President too, and maybe the last couple of them, also...)

read it here...

http://www.salon.com/opinion/greenwald/2009/04/30/ownership/

The terrestrial sphere is thermodynamically closed.

From the ENERGY Bulletin:

http://www.energybulletin.net/node/48807

A little deep, but elegant.