Saturday, September 13, 2008
I consider this article to be a MODERN DAY equivalent of PATRICK HENRY'S DECLARATION..."GIVE ME LIBERTY OR GIVE ME DEATH!" SHARE THIS FAR AND WIDE...even if you have to print up copies and hand them out at the grocery store or on the street corner! And Then We Will Die By Angie Riedel 06/09/08 "ICH " -- - It is time to get past the 'death and violence is the answer' mentality. We can not afford to let it continue. The US government now confronts every minor inconvenience with brutality and force. With lies. With tricks. With deceit. With unrivaled hypocrisy. It speaks a scripted and rehearsed dialog of illogic and insults. It changes the meanings of words and uses those words as weapons to crush, to silence and oppress, to steal what it wants. This government no longer shows respect for anyone but itself and feels no compulsion to listen or cooperate, to show respect for others, or to care at all about right and wrong, truth or lies, justice or injustice. It seems that this government can't take a single step without stepping on others, without breaking the very laws it exists to uphold, without negating every principle we stand for. At what point will this criminality cease? ENTIRE ARTICLE: C:\Documents and Settings\Owner\My Documents\ARTICLE - AND THEN WE WILL DIE- ANGIE RIEDEL\And Then We Will Die Information Clearing House - ICH.htm Angie Riedel also has more articles on the ICH.ORG website found by putting her name in their SEARCH BOX (FIVE ARTICLES). She also has a blog called THINK OR BE EATEN at http://www.thinkorbeeaten.blogspot.com/ Please scroll through it and read her long description of why George W. Bush had that quizzical look on his face as he was informed of the 9/11 attack as he was reading My Pet Goat to the children and why it took him so long to move into action.
http://www.w3f.com/patriots/demorep.html The SOURCE of this article is from Sorcha Faal's website (there is speculation about the validity of some of the info at this website, but I have not yet found anything there that is not logical, with a few exceptions that I can tolerate in order to be able to receive the greater information. The MAIN WEBSITE is: http://www.whatdoesitmean.com/ This site requires you to have some patience and the willingness to read the articles and click on the LINKS within them to find many VALUABLE sources of info. This article on Democracy vs Republic is basic and essential to understand. A REPUBLIC IS RULE BY LAW. A DEMOCRACY IS MOB RULE! (and not always by the majority) Be sure to ALWAYS CLICK ON ALL THE LINKS YOU FIND IN THESE ARTICLES! Spread this article like Johnny Appleseed planted seeds.
This weekend many very critical events are occuring which could possibly be the triggering events that push the World's Economy into the Greatest Depression ever known so far in History. For sure, The United States Economy will collapse, and the collapse of the Dollar (the International Reserve Currency) will deeply affect all other econmies and nations until they rid themselves of it. Hurricane Ike has the potential to trigger the collapse, not only because of its effect on fuel supplies, but because of the COST of the damage it may have caused, and our inability to take on the debt to pay for it. We are RAPDILY falling further into UNPAYABLE DEBT by the second with seemingly NO END to the events (Wars, Natural Disasters, etc) that create debt, while our abilty to produce INCOME for this Nation is DECREASING (if not NON-EXISTENT)even faster than the debts are accumulating... THIS IS CALLED DE FACTO BANKRUPTCY! BORROWING AND TAXING CITIZENS IS NOT A VIABLE OPTION TO CAPITAL PRODUCTION! The only true means of creating wealth is through citizens' SAVINGS and their INVESTING it in companies who use it for CAPITAL IMPROVEMENTS which PRODUCE goods and services which create wealth and profits. That's it...either create something with available resources and PRODUCE, or TELL LIES that CONSUMPTION creates wealth (it does not!) as our present leaders propound by BORROWING from foreigners and/or taking equity from your assets (houses bought on speculation). I am posting TWO MUST READ AND PASS AROUND articles today, and it is IMPERATIVE that you read them ENTIRELY, understand them completely, and pass them on as far and wide as you are able. They are posted above individually so they will catch more people's attention than burying their links here in this post. More over the weekend as I have the time. WE ARE ON THE BRINK OF COLLAPSE FOLKS! GET YOUR HOUSES IN ORDER....NOW!
Friday, September 12, 2008
Producer prices drop 0.9% in August; 'core' rate up 0.2% By Jeffry Bartash WASHINGTON (MarketWatch) -- U.S. producer prices fell a steeper than expected 0.9% in August, the Labor Department reported Friday, helped by lower energy costs. The decline follows on the heels of a sharp 1.2% gain in July. Excluding food and energy, "core" producer prices rose 0.2% last month. Analysts polled by MarketWatch were predicting a decrease of 0.4% in overall PPI and a 0.2% increase in the core rate. Producer prices are up 9.6% over the past 12 months. And yet the immediate headline on MW just below this says" "U.S. core producer prices increase 9.6% over last 12 months" TALK ABOUT USING "WORDS" FOR EFFECT!
TODAY'S REPORTS: Producer price index Core PPI Retail sales Retail sales ex-autos Consumer sentiment Inventories Gold rose overnight in a steady manner and peaked at 2:39am pdst and has been coming down since until just moments ago when it started up slowly but suddenly sold off even lower. The Euro started selling off rapidly about the same time and broke down through the 1.40 level quite rapidly to about the 1.3976 area but quickly rallied and is now at 1.3996. The big news from late last night that I just happened to see was that gasoline was jumping ONE DOLLAR A GALLON in places like KENTUCKY AND NO. CAROLINA due to the shutdown of refineries in Texas due to hurrican Ike. It looks bad for Houston and for Dan Norcini, who I expect has had to evacuate, as I did not see his post yesterday. Today should be very interesting for gold as I now believe THE BOTTOM IS IN! The INVERSE HEAD AND SHOULDERS PATTERN on my charts RESOLVES UP! I can only hope this one is for real, as I hope to lift the short leg of my hedge position in two different months and to anticipate getting out of OCTOBER GOLD before we get much closer to FIRST NOTICE for that month.. December Gold's First Notice isn't until the end of NOVEMBER. Then we jump over to Feb '09 Gold as the Front Month for gold. Say what ever prayers you think work to make gold go up from here, because this is about where gold always takes off until about March of next year. THIS IS WHERE ALL THE MONEY IS MADE!
Thursday, September 11, 2008
"People who tell the truth are called grumpy and boring. This is why, universally, when there is an obvious bubble, few people will understand it is a bubble and thus, will do what all bubbles do: pop. By pretending there is no bubble, this allows all parties to continue with the obvious bubble. Indeed, at the height of any bubble, the people pretending there is no bubble will talk enthusiastically about how history has changed. The bubble will grow forever! This is a NEW PARADIGM. This refusal to accept any lessons of history is typical. Just like the US empire wanted desperately to imagine, it was different from all other previous empires---lessons of history are for others." AND... "The various players in international trade have been playing impossible games that get worse and worse. The status quo of the US consuming global output while paying for it with unsupported dollars is rapidly coming to a close. As always, the best way for any system to change is for the instigators of the instabilities to change, so it is here: ONLY THE US CAN FIX THIS BY KILLING THE STATUS QUO."
Mortgage Failures Will Drive Gold And Silver Buying Posted: September 11 2008 Freddie and Fannie are now nationalized, mortgage issuance will continue as usual, details of the mortgage bank failure, new threats for fiat currencies and new reasons to buy precious metals FOR ENTIRE ARTICLE: http://theinternationalforecaster.com/International_Forecaster_Weekly/Mortgage_Failures_Will_Drive_Gold_And_Silver_Buying
Things are starting to move very fast in this World and its Markets. It has become abundantly clear to me that I cannot possibly keep up with both my personal trading, which is mandatory for me to survive, but to also effectively transmit time sensitive information to those of you who have come to appreciate my contributions to our community of those who wish to survive this debacle. It is just not physically possible for me to read everything I need to read, along with following the markets in real time, and also post comments as well as charts all at the same time. I will continue to post the charts, with their brief comments in the heading, which should be enough for those of you who understand how I trade in the short term. It has NEVER been my intention to turn any of you into short term traders, because that is definitely as lethal as playing Russian Roulette...YOU WILL LOSE EVENTUALLY! There are a few websites that I consider DAILY MUST READS. Those are: JSMINESET.COM (read everything and expand all articles and read them entirely, and be sure to follow Dan Norcini's comments on his Daily Afternoon Chart. CULTUREOFLIFENEWS.COM Elaine Meinel Supkis is quite simply BRILLIANT and is willing to expound upon those areas of life (such as MAGIC and CONSPIRACY) that play a part in the lives of those ELITES that have been trying to control this planet since the beginning of time. Historically, she provides insights you won't find anywhere else on such a regular basis...How she does it all every day is simply amazing. INTELLIGENCEFORECASTER.COM Bob Chapman has posted some of the most concise and well written explanations of how the markets are currently moving the dollar and other entities, that I have found so far. He doesn't post everyday, but you must at least check his website for new posts. ICH.ORG (INFORMATIONCLEARINGHOUSE.ORG) Tom Feeley puts out one of the most comprehensive lists of current articles, which you can scan through for what interests you...AND YOU DAMN WELL BETTER BE SAVING HIS DAILY EMAILS FOR LATER REFERENCE...that I have found. He posts articles by people that you won't find anywhere else unless you know where to look. For now these should keep you plenty busy. It is a poor use of my time to digest all these sources and regurge them back to you. Besides, you all need to know how to do what I do, in case I drop dead from stress and lack of sleep. Pass this information around as widely as you can so others will trip over it. That's how I find most everything I have found valuable. As you all know, when you most need to find something...it shows up somehow...just because your eyes are now looking for it. MAKE MY TOOLS AND COMMENTS AVAILABLE FOR OTHERS TO TRIP OVER DURING THEIR SEARCH FOR TRUTH! I will continue to post as much as possible, but I just can't get this new style of reporting and commenting to speed up to the degree I require to be effective. There are many computer glitches that have developed on two of the FOUR BLOGS I am running and it is not easy, using BLOGGER, to find the solution. But I will find the fixes. You may have noticed the posting time at the bottom of my COMMENTS doesn't change during the day and that I have lost the ability to highlite in color or increase font size beyond capital letters. So, when you post your comments of TALKBACKTOGOLDTRADER, post the time and time zone of your post in the body of your post so I can get some idea of the time lag between your posts and my reading them. The posted time makes no sense if I don't know what time zone you are in. Also, links don't highlite and are not "clickable". Blogger has many problems, and a very shakey knowledge base, and relies mostly on a HELPER GROUP for answer, and subject threads are not grouped very well according to subject, which makes it very time consuming to search for solutions. In a separate issue, I also notice that the posters over on MarketWatch's gold threads are about as divided as the general public is over abortion and other 50/50 divisive subjects. They all talk around the central issue of INFLATION BY THE GUV'MINT as the main cause of all our current economic problems, and babble endlessly about all the "symptoms" and love to blast one another for the idiocy of their contrary positions. Such is life in the street. The Guv'mint couldn't have hoped for a more stupid citizenry to dupe. Isn't it a bit sad/comical that MW got rid of old GOLDTRADER just when the public needed our Group the most?
Storm Troopers at the RNC By Ray McGovern September 8, 2008 GT sez: This is a MUST READ for you to understand just how far along our Country has "re"gressed into a TOTAL POLICE STATE. FOR ARTICLE: http://www.informationclearinghouse.info/article20719.htm
Comrades Bush, Paulson and Bernanke Welcome You to the USSRA (United Socialist State Republic of America) By Nouriel Roubini 09/09/08 "Roubini Global Economics" -- - The now inevitable nationalization of Fannie and Freddie is the most radical regime change in global economic and financial affairs in decades. For the last twenty years after the collapse of the USSR, the fall of the Iron Curtain and the economic reforms in China and other emerging market economies the world economy has moved away from state ownership of the economy and towards privatization of previously stated owned enterprises. This trends was aggressively supported the United States that preached right and left the benefits of free markets and free private enterprise. FOR ENTIRE ARTICLE: http://www.informationclearinghouse.info/article20720.htm
July trade deficit widens on surge in oil imports By Rex Nutting WASHINGTON (MarketWatch) - The U.S. trade deficit widened more than expected in July, boosted by the largest volume of imported oil in four years, the Commerce Department reported Thursday. The seasonally adjusted trade deficit - exports minus imports - grew by 5.7% to $62.2 billion, the most in 16 months. The nominal deficit was larger than the $58.6 billion expected by economists surveyed by MarketWatch. The gap in June was revised higher to $58.8 billion. In July, imports rose 3.9% to a record $230.3 billion, while exports grew 3.3% to a record $168.1 billion. After adjusting for inflation, the real trade deficit rose by 2.7% from a seven-year low in June.
TODAY'S REPORTS: Jobless claims Trade balance Import price index Federal budget Gold makes new low overnight at 742. This is simply forced selling by those who have to sell their only remaining assets to meet margin calls, shorts running stops, panic sellers, etc. In other words, it's everything that happens when the momentum gets moving strongly in one direction which is exactly what the manipulators wanted to create. After all, markets are populated by lemmings nowadays rather than "investors". We have turned what remains of our economic system into a CASINO that flops around on the slightest rumor. It used to be that the financial reporters would look for the REASON OF THE DAY to explain the markets' movement. Now they search for the REASON OF THE MINUTE! My main thought recently, very important to keep in mind... is that DEBT DOES NOT DISAPPEAR! Once the debt is created...no matter how much you move the "hot potato" around and attempt to hide it in increasingly obscure balance sheet accounts... IT'S STILL THERE WAITING TO BE REALIZED BY THE FINAL HOLDER. All we are doing with it is MONETIZING IT (printing more funny money to pay it off) and moving the debt into EVERYONE'S POCKET through INFLATION. NOTHING IS BEING FIXED AT ALL! IT IS ONLY BEING MADE WORSE AND HURTING MORE PEOPLE BY NOT HAVING THE GUTS TO PAY IT OFF AS MORAL PEOPLE WOULD DO! Instead, we are passing it on to our children's children, spreading it around the world, and further weakening the TRUST that keeps an economic system strong.
Wednesday, September 10, 2008
A perspective on how we have handled THE TRUTH about what some people chose to do. VIDEO (1 HOUR 11 MINUTES) http://www.informationclearinghouse.info/article17405.htm
Volcker Says Finance System `Broken,' Losses May Rise (Update1) By Doug Alexander and Steve Matthews Sept. 5 (Bloomberg) -- Former Federal Reserve Chairman Paul Volcker said the U.S. financial system, dependent upon securitization rather than traditional bank loans, is broken, and may contribute to the weakest expansion since the 1930s. ``This bright new system, this practice in the United States, this practice in the United Kingdom and elsewhere, has broken down,'' Volcker said today at a banking conference in Calgary. ``Growth in the economy in this decade will be the slowest of any decade since the Great Depression, right in the middle of all this financial innovation.'' FOR ENTIRE ARTICLE: http://www.bloomberg.com/apps/news?pid=20601087&sid=auKCKTSSU7yE
Watching CNBC right now. They have Nouriel Roubini sitting there with a group of complete jack off gas bags who are blabbing incessantly about bullshit. The most brilliant economist is at hand and they don't let him say a word, or talk over him the minute he utters a grunt...probably because he has a pretty good accent. So, Nouriel is just asking the occasional simple question to these idiots and they immediately dismiss it. This is the state of financial TV...like high school. Gold is being manipulated massively, Lehman is the second (for 4th after Fan/Fred?)domino to fall as all the big trees in the forest start falling against their neighbors until the whole forest is going to look like the aftermath of the forest that surrounded Mount St. Helen's...FLAT! Look for gold to start building a bottom here, or at the lowest in the 720s if the World panics and sells off the only viable investment to pay for their equity margin calls (selling good to save bad!) As Dan Norcini said the other day...it almost doesn't pay to describe this insanity anymore!
Tuesday, September 9, 2008
Just wrote out a very long post and lost it. My internet, cable TV and digital phone all went out just after gold hit its bottom the evening. Then a bit later the power went out too. It just came back on a bit ago and I went to JSMINESET.COM. Just go there and read it...JIM IS PISSED! Too many idiots have been calling him. He should have known long ago he couldn't handle everyone individually. He should have put his wisdom on his website and had his often repeated answers available for people to go to instead of repeating them every day.. What a waste of time and energy... But Jim is a Fighting Irishman who doesn't change until REALITY finally smacks him in the face. Everyone finally learns through EXPERIENCE...and Jim just learned that the worse it gets..the more people look for a scapegoat to blame for their own ignorance and failure to act on their own for their own benefit... Quite a shame and a complete waste of time and energy on Jim's part... He should have known better... There will never be another Jim Sinclair... But there will be many more George W. Bushes... Read Jim's comments tonight and Dan Norcini's too... The bottom is just about in for the PMs... It's just a matter of time for the markets to see just how far they can push a chain. You are just about to see gold roar and the dollar collapse along with the entire World's Economic System.
Quite a day in all markets. It appears everyone is moving into cash and/or buying T-bonds. There was a good rally after the bottom price was hit at 78020, but of course nothing lasts for long in this market, and it has all been taken back down to 78050 at present... What will happen over night is a quandry, as nothing that happens lately makes any sense to anyone, and anyone who tells you they understand it, is lying just to make themselves sound competent... Bob Chapman has come the closest so far in his recent articles at describing the flows of money between markets which has rallied the Dollar only temporarily before it comes flaming back down to reality and gold regains its LUSTER. Listening to all the BIG WIGS on CNBC selling their souls to the Power Structure is sickening, especially ALAN GREENSPAN, who caused this mess. HE SHOULD BE CHARGED WITH TREASON! And never be allowed to utter another word for the rest of his miserable life. More this evening if I can stomach reading anymore about this insanity.
Well, I don't think we have to discuss how we all feel about what's going on because we're all big boys and girls...RIGHT? When guv'mints manipulate the medium of exchange and change the rules we use to make exchanges every other minute, how can you expect anything but chaos? Gold is probably selling off because a lot of hedge funds, etc. are going broke and selling all their remaining positive positions. That coupled with people just generally running to cash until the smoke clears and, in some cases, people are running to the dollar just because they want to believe everything has been fixed now. SO MUCH FOR THE AMERICAN EDUCATIONAL SYSTEM. TV PROPAGANDA RULES ALL RIGHT NOW! I suggest you all just watch THE DAILY SHOW, COLBERT REPORT, AND KEITH OLBERMANN to be able to hang on to what sanity you have left. Gold is now sinking even further on strong volume IF YOU ARE IN A CASH POSITION...HANG ON TO IT! YOU DON'T PANIC SELL RIGHT NEAR THE BOTTOM IF YOU ARE IN CASH PMs. Just bite your lip and watch a movie or go prepare your backyard for your survival garden. READ ELAINE MEINEL SUPKIS EVERY DAY AND BOB CHAPMAN WHENEVER POSSIBLE. I am always dejected when Jim Sinclair doesn't post more specifics during these types of sell offs, but his position is that you should be in cash and NO MARGIN, so he is really only doing what he has always done. Still, it would be nice to have more of his specific insights into the details of this GIANT FRAUD OPERATION. More later as things become more clear.
MY COMPUTERS ARE UP AND MY TRADING PLATFORM IS GETTING DATA, BUT I CAN'T GET INTERNET EXPLORER TO CONNECT TO THE INTERNET SO I CAN OPEN OTHER PROGRAMS THAT USE IT. I JUST BARELY GOT THIS PROGRAM OPEN... THINGS RUNNING SO SLOW THEY BARELY WORK. BACK WHEN I GET THINGS FIXED. WATCH CNBC THIS MORNING IF YOU WANT TO WATCH A BUNCH OF IDIOTS DISCUSS THE EFFECTS OF THE F/F BAILOUT. JUST WATCHED THREE MAJOR FINANCIAL HEADS, TWO FOREIGN, PLUS JOHN SNOW (SKELETOR) SIMPLY UNBELIEVABLE HOW IGNORANT THESE DUNCES ARE.
Monday, September 8, 2008
Why The Fannie-Freddie Bailout Will Fail By Martin D. Weiss, Ph.D. 08/09/08 "ICH" - -- With yesterday's announcement of the most massive federal bailout of all time, it's now official: Fannie Mae and Freddie Mac, the two largest mortgage lenders on Earth, are bankrupt. FOR ENTIRE ARTICLE: http://www.informationclearinghouse.info/article20707.htm
GO TO JSMINESET.COM AND READ! ------------------ VANCOUVER, B.C. - The U.S. financial crisis has cut so deep - and the government has taken on so much debt in misguided attempts to bail out such companies as Fannie Mae and Freddie Mac - that even larger financial shocks are still to come, global investing guru Jim Rogers said in an exclusive interview with Money Morning. Indeed, the U.S. financial debacle is now so ingrained - and a so-called "Super Crash" so likely - that most Americans alive today won’t be around by the time the last of this credit-market mess is finally cleared away - if it ever is, Rogers said. The end of this crisis "is a long way away," Rogers said. "In fact, it may not be in our lifetimes." --------------------- GOLD is selling off lightly on the open so far. Every big wig spin meister is on CNBC this morning puking bullshit in every sentence and the young rubes on CNBC are eating it up and validating it. PROPAGANDA CENTRAL = CNBC.
MWs listing of Reports isn't updated yet, but I don't see any reports this morning. Gold is trading fairly quietly so far and sold off since midnight pdst then rallied back more than 75% of the sell off since 3:15am pdst and is just now beginning to inch up in the crazy period before the day session open. I strongly suggest you read the articles I have listed just below as they will clear the toxic spin out of your brain so you can see what is happening. Elaine Supkis is very helpful in doing that in her last two article on 9/7/08. It appears the World loves this BAIL OUT according to the morning CNBC BABBLE. Even Warren Buffet was just on saying it's a good thing (better than the alternative!) Now it's Lockhart III who is the insider taking over at Fannie/Freddie, whom Supkis calls a walking trainwreck looking for a place to happen. I have no idea how the markets are going to handle this event, so it's all a big crap shoot until we actually see what happens. We know the ULTIMATE RESULT....higher gold and PMs, as this just added TRILLIONS to our National Debt!
Sunday, September 7, 2008
READ THIS WEBSITE EVERY DAY, OR YOU WILL LOSE OUT ON A GREAT DEAL OF VERY WISE INFORMATION CULTURE OF LIFE NEWS http://elainemeinelsupkis.typepad.com/
And Then We Will Die By Angie Riedel 06/09/08 "ICH " -- - It is time to get past the 'death and violence is the answer' mentality. We can not afford to let it continue. The US government now confronts every minor inconvenience with brutality and force. With lies. With tricks. With deceit. With unrivaled hypocrisy. It speaks a scripted and rehearsed dialog of illogic and insults. It changes the meanings of words and uses those words as weapons to crush, to silence and oppress, to steal what it wants. This government no longer shows respect for anyone but itself and feels no compulsion to listen or cooperate, to show respect for others, or to care at all about right and wrong, truth or lies, justice or injustice. A MUST READ ARTICLE: http://www.informationclearinghouse.info/article20703.htm
The GSE deal has been announced. Here is the Statement by Secretary Paulson on Treasury and FHFA Action to Protect Financial Markets and Taxpayers. The title of the statement suggests two things. 1. This agreement will not reduce risk on the financial markets 2. This agreement will not protect the taxpayer FOR ENTIRE ARTICLE: http://www.blogger.com/post-create.g?blogID=3980533393592326637
ARTICLE ON WHY THE FASB RULES HAVE BEEN POSTPONED TO KEEP BANKRUPT COMPANIES' BALANCE SHEETS LOOKING ACCEPTABLE UNTIL NEXT YEAR AFTER THE ELECTION The Fed, now in continual panic mode, Extends Emergency Borrowing Program http://globaleconomicanalysis.blogspot.com/2008/08/not-practical-to-tell-truth.html