The war drums are beating and the mainstream media is just ignoring it.
Today the Veteran Intelligence Professionals for Sanity warned President Obama to deescalate the tension with Russia. I will let you read it but Russia is not playing around and true professional experts are reading the signs. However the Neo-cons surrogates, the Obama President administration, will likely ignore their warnings just like the one that was given in 2004 prior to the Iraq war.
https://consortiumnews.com/2016/10/02/obama-warned-to-defuse-tensions-with-russia/
Saturday’s warning by Russia’s Foreign Ministry spokesperson Maria Zakharova: “If the US launches a direct aggression against Damascus and the Syrian Army, it would cause a terrible, tectonic shift not only in the country, but in the entire region.Speaking on Russian TV, she warned of those whose “logic is ‘why do we need diplomacy’ … when there is power … and methods of resolving a problem by power. We already know this logic; there is nothing new about it. It usually ends with one thing – full-scale war.”
The US aggression in Syria will cause world war
http://www.zerohedge.com/news/2016-09-17/syria-accuses-us-airstrike-killing-62-soldiers-serious-and-blatant-aggression
As I stated before... back in 2009 the pattern is quite simple see my looming currency crisis article Loss of Reserve Currency Status and WAR this is very predictable and honestly right on target if you look at this blog post.
http://surviving-babylon.blogspot.com/2009/05/looming-currency-crisis-reprint-3262009.html
Tuesday, October 4, 2016
Wednesday, May 4, 2016
The world has changed forever
"When you see that in order to produce, you need to obtain permission
from men who produce nothing; when you see that money is flowing to
those who deal not in goods, but in favors; when you see that men get
rich more easily by graft than by work, and your laws no longer protect
you against them, but protect them against you. . . you may know that
your society is doomed"
-Ayn Rand "Atlas Shrugged"
What is the purpose of this quote?
Watch the currency market..... Watch your police, your politicians, your bankers, and your neighbors.
It's been a long time since I wrote but I feel compelled with equity markets on a fault line, Clinton vs. Trump now final ( Does anyone trust either candidate?), China imploding daily, Syria and the rest of the middle east on fire, and of course the banks; severely under capitalized and not only committing fraud but openly admitting to it. The winds of disaster are swirling and it's time to find shelter because the clouds are gathering and the storm is on the horizon.
-Ayn Rand "Atlas Shrugged"
What is the purpose of this quote?
Watch the currency market..... Watch your police, your politicians, your bankers, and your neighbors.
It's been a long time since I wrote but I feel compelled with equity markets on a fault line, Clinton vs. Trump now final ( Does anyone trust either candidate?), China imploding daily, Syria and the rest of the middle east on fire, and of course the banks; severely under capitalized and not only committing fraud but openly admitting to it. The winds of disaster are swirling and it's time to find shelter because the clouds are gathering and the storm is on the horizon.
Tuesday, August 21, 2012
When to short this puppy?
Unsustainable trends tend not to be sustained....
This market is not practical. Ask yourself a question. Is your life and the people you know financial situation much better than it was 6 years ago? If you were planning to retire could you if the economy were to sustain this current path? Have you been able to grow your assets the required or expected 8% your government, financial advisers and media has stated you need to in order to retire? If you lost your job could you find the same job with the same income in under three months?
Then take a look at this chart (the SPY) and ask your self is the stock market deserving of this trend.
If you believe things are great economically and the last 3 years warrant the 45 degree angle for the spike in this etf reflecting the S&P500 then so be it this article is not for you.
If you don't or unsure ask yourself the question what if this was a stock like Apple (AAPL) which this doesn't represent what would Apple, Kellogg, Johnson & Johnson would have to prove as a company to warrant a stock price move from a rapid decline? Now ask your self did the company recover that quickly? If so, how? Was the cash flow greatly increased to warrant the price valuation?
So as the title says when do I short this puppy? The answer is around SPY at $144.47 or $146.24.
We are coming up to massive resistance with 5 year lows in volume. This tells me the large players are not buying in this rally and are doing one thing. Playing the retail investors as suckers and only investing enough to float this market higher.
The volume has decreased significantly as this market has floated higher.
So the question is how do we confirm when to short. Look at interest rates, the US dollar and gold (charts and analysis to be updated). These will confirm the short of the SPY target I am suggesting.
This market is not practical. Ask yourself a question. Is your life and the people you know financial situation much better than it was 6 years ago? If you were planning to retire could you if the economy were to sustain this current path? Have you been able to grow your assets the required or expected 8% your government, financial advisers and media has stated you need to in order to retire? If you lost your job could you find the same job with the same income in under three months?
Then take a look at this chart (the SPY) and ask your self is the stock market deserving of this trend.
If you don't or unsure ask yourself the question what if this was a stock like Apple (AAPL) which this doesn't represent what would Apple, Kellogg, Johnson & Johnson would have to prove as a company to warrant a stock price move from a rapid decline? Now ask your self did the company recover that quickly? If so, how? Was the cash flow greatly increased to warrant the price valuation?
So as the title says when do I short this puppy? The answer is around SPY at $144.47 or $146.24.
We are coming up to massive resistance with 5 year lows in volume. This tells me the large players are not buying in this rally and are doing one thing. Playing the retail investors as suckers and only investing enough to float this market higher.
So the question is how do we confirm when to short. Look at interest rates, the US dollar and gold (charts and analysis to be updated). These will confirm the short of the SPY target I am suggesting.
Sunday, April 22, 2012
China Military Warn US?
In 2009 I wrote, "The Looming Currency Crisis" everytime I read the headlines it seems scary the possibility of my predictions from that article/commentary. In that piece I wrote a section about a war with China entilted, "The Looming Currency Crisis, The Future Trade War/Protectionism and War with China."
Well today I read this article from the Chicago that really made me raise an eyebrow (I'm not cherry picking) entitled China military warns of confrontation over seas;
What is interesting is that the article states;
- China's military warned the United States on Saturday that U.S.-Philippine military exercises have raised risks of armed confrontation over the disputed South China Sea in the toughest high-level warning yet after weeks of tensions.
China's official Liberation Army Daily warned that recent jostling with thePhilippines over disputed seas where both countries have sent ships could boil over into outright conflict, and laid much of the blame at Washington's door.
This week American and Filipino troops launched a fortnight of annual naval drills amid the stand-off between Beijing andManila, who have accused each other of encroaching on sovereign seas near the Scarborough Shoal, west of a former U.S. navy base at Subic Bay.
The joint exercises are held in different seas around the Philippines; the leg that takes place in the South China Sea area starts on Monday.
"Anyone with clear eyes saw long ago that behind these drills is reflected a mentality that will lead the South China Sea issue down a fork in the road towards military confrontation and resolution through armed force," said the commentary in the Chinese paper, which is the chief mouthpiece of the People's Liberation Army.
What really caught my eye was this statement I wasn't aware of:
China has territorial disputes with the Philippines, Vietnam, Brunei,Malaysia and Taiwan across the South China Sea, which could be rich in oil and gas and is spanned by busy shipping lanes.
The reason why this intrigued me is because in the looming currency crisis article I wrote this, "War comes to play when you have countries looking to protect trade routes, policies, and territories. No difference than a drug dealer protecting his block ensuring his profit potential. Countries will be determined to protecting its trade partners by threat if necessary. This is how global wars begin and escalate."
I know I know... you want to be this guy
As if things are going to be ok because everyone in government is rational and won't let things get out of control.
I'm just glad right now I'm in Brazil vacationing.
Well today I read this article from the Chicago that really made me raise an eyebrow (I'm not cherry picking) entitled China military warns of confrontation over seas;
What is interesting is that the article states;
- China's military warned the United States on Saturday that U.S.-Philippine military exercises have raised risks of armed confrontation over the disputed South China Sea in the toughest high-level warning yet after weeks of tensions.
China's official Liberation Army Daily warned that recent jostling with thePhilippines over disputed seas where both countries have sent ships could boil over into outright conflict, and laid much of the blame at Washington's door.
This week American and Filipino troops launched a fortnight of annual naval drills amid the stand-off between Beijing andManila, who have accused each other of encroaching on sovereign seas near the Scarborough Shoal, west of a former U.S. navy base at Subic Bay.
The joint exercises are held in different seas around the Philippines; the leg that takes place in the South China Sea area starts on Monday.
"Anyone with clear eyes saw long ago that behind these drills is reflected a mentality that will lead the South China Sea issue down a fork in the road towards military confrontation and resolution through armed force," said the commentary in the Chinese paper, which is the chief mouthpiece of the People's Liberation Army.
What really caught my eye was this statement I wasn't aware of:
China has territorial disputes with the Philippines, Vietnam, Brunei,Malaysia and Taiwan across the South China Sea, which could be rich in oil and gas and is spanned by busy shipping lanes.
The reason why this intrigued me is because in the looming currency crisis article I wrote this, "War comes to play when you have countries looking to protect trade routes, policies, and territories. No difference than a drug dealer protecting his block ensuring his profit potential. Countries will be determined to protecting its trade partners by threat if necessary. This is how global wars begin and escalate."
I know I know... you want to be this guy
As if things are going to be ok because everyone in government is rational and won't let things get out of control.
I'm just glad right now I'm in Brazil vacationing.
Thursday, April 5, 2012
Ring The Alarm.... Another Country's Dying
I love how bad news always comes out on a Friday or long weekend so the the market can ignored it. Egan-Jones Rating company (EJR) downgraded US credit rating to AA+ with negative outlook. Who is Egan-Jones Rating? Well, EJR was first rating agency to recognize the sub-prime mess in 2005/06 and started to downgrade sub-prime assets and banks when everyone else was ignoring the issues and more importantly they were the first rating agency to downgrade the US credit rating last year before the others (Fitch, S&P, and Moody's) had to.
What is the significance of this?
Egan said the U.S.'s total debt as a percentage of gross domestic product may rise above 112% by the end of 2013, a level that will restrain the country's financial flexibility.
What is the significance of this?
Egan said the U.S.'s total debt as a percentage of gross domestic product may rise above 112% by the end of 2013, a level that will restrain the country's financial flexibility.
"Without some structural changes soon, restoring credit quality will become increasingly difficult," the company said in a statement.
Currency War Update: The most important half hour of news you'll watch this year.
This interview between Max Keiser and Jim Rickards (Author of Currency Wars, published in 2011) is probably the most important piece of financial and political information that I've seen in the past 6 years regarding the fed, monetary policy and the US dollar. It's a half hour long and the interview with Jim Rickards starts at 12:55
As trend tracker Gerald Celente says, " When everything fails they take us to war."
As trend tracker Gerald Celente says, " When everything fails they take us to war."
Sunday, March 25, 2012
Currency War... uh oh Currency War?
Its been almost exactly two years since I've written any commentary or given any financial or economic updates all I can say is I'm sorry for the long delay its been a hell of a couple of years for me personally. I can only say thanks to my family and friends for being there for me I truly appreciate your love and support. I love you all, Thank you. Now I am back to talk about the markets, investing and politics.
Ok, Let's talk update with the ongoing currency war. Before reading this commentary go back and read the following articles I posted in 2009.
What is money? and The Looming Currency Crisis
These are important articles to read first because it will provide the foundation to understand the essence of money, interest rates and trade; as well as the background for my assumptions and predictions on US economic policy and the reactionary forces of other state governments now seen in the fore front from current news (within the past three months):
Currency Agreement for Japan and China (December 2011)
China is the world’s second-largest economy while Japan is the third largest, and the currency agreement is part of a move away from using dollars. Chinese officials have said recently they would like to broaden the global use of the renminbi, also known as the yuan, and want to see more countries move away from relying on dollars as the worldwide currency.
Very big deal This was announced this past December (2011). If you read my article from above , The looming currency crisis, this was predicted. The world was not going to just stand by and let the US destroy their economies with cheap money.
India China sign trade agreement (December 2011)
Ok, Let's talk update with the ongoing currency war. Before reading this commentary go back and read the following articles I posted in 2009.
What is money? and The Looming Currency Crisis
These are important articles to read first because it will provide the foundation to understand the essence of money, interest rates and trade; as well as the background for my assumptions and predictions on US economic policy and the reactionary forces of other state governments now seen in the fore front from current news (within the past three months):
Currency Agreement for Japan and China (December 2011)
China is the world’s second-largest economy while Japan is the third largest, and the currency agreement is part of a move away from using dollars. Chinese officials have said recently they would like to broaden the global use of the renminbi, also known as the yuan, and want to see more countries move away from relying on dollars as the worldwide currency.
Very big deal This was announced this past December (2011). If you read my article from above , The looming currency crisis, this was predicted. The world was not going to just stand by and let the US destroy their economies with cheap money.
India China sign trade agreement (December 2011)
The two sides also decided to set up an India-China Business Forum to facilitate greater economic cooperation.
China is India’s largest trade partner, but the trade has been heavily in China’s favor in recent years.
“The two sides agreed to take measures to promote greater Indian exports to China with a view to reducing India’s trade deficit,” it said.
Bilateral trade between the world’s two fast-growing economies stood at $51 billion in fiscal 2009-10 and according to latest official estimates, it is expected to top $60 billion in 2010-11 ending March 31.
Iran, India agree to replace dollar partially with rupee in trade deals (March 2011)
Iran and India have agreed to boost bilateral trade and replace the dollar partially with the rupee in their transactions as Tehran seeks to bypass international sanctions over its controversial nuclear program, state media reported.
Sanctions dodge: India to pay Iran in gold for Iran oil, China may follow (Jan 2011)
India has reportedly agreed to pay Tehran in gold for the oil it buys, in a move aimed at protecting Delhi from US-sanctions targeting countries who trade with Iran. China, another buyer of Iranian oil, may follow Delhi’s lead.
Iran and India have agreed to boost bilateral trade and replace the dollar partially with the rupee in their transactions as Tehran seeks to bypass international sanctions over its controversial nuclear program, state media reported.
Sanctions dodge: India to pay Iran in gold for Iran oil, China may follow (Jan 2011)
India has reportedly agreed to pay Tehran in gold for the oil it buys, in a move aimed at protecting Delhi from US-sanctions targeting countries who trade with Iran. China, another buyer of Iranian oil, may follow Delhi’s lead.
The report, by the Israeli-based news website DEBKAfile, states that Iran and India are negotiating backup alternatives with China and Russia, should the US and EU find a way to block the gold payment mechanism.
This last bit of news is the grand daddy of them all, this is the first steps in eliminating or bypassing the petrodollar. If you watched the video, note what the journalist said it will completely undermine what the EU and US are trying to do with Iran but it will significantly increase the value of gold and decrease the value of the dollar. July 1 is a very interesting date to be aware of since this is when the EU are expected to start the embargo, stay tuned... a major war is just a few months away.
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