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    • Mon Aug 4th 13:24 PM | Rating: 0 0
      Commented on:
      The Dow Priced in Ounces of Gold: Secular Bear Market Since '99
      Fabulous charts. Thank you for all the work.

      Always remember that the DJIA is a chart of cartel members and monopolies and the method of calculating the average is cooked by using the market weighting technique which puts an upward bias on it.

      The 200 year chart is really interesting. Wide swings began to occcur in the ratio line after the Federal Reserve Bank was set up in the USA in the early 1900's.

      Two obsevations come to mind.
      1. The osclations are getting wider.
      2. The uptrend in the ratio of stock prices over gold prices ended when the FED was set up in the USA.

      Of course that was also when political rule of states by royal families all around the world ended.

      Now let us try to extend the chart and guess the next turning point value and date.

      How about a reading of 0.08 in Oct 2009?

      Good luck.




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    • Sun Aug 3rd 10:44 AM | Rating: 0 0
      Commented on:
      More of the Same Numbers for Employment
      There is not much to like in what one can see. Those elected officials running the US economy have set the stage for implosion of economic activity in the US along with US asset value collapse for houses and businesses and the value of the dollar. There are massive debts to foreigners in US dollars.

      Look back through thousands of years of history. These conditions have occured many times in many countries around the world. The usual response by the debtor is to kill the creditors and destroy their assets and write off the debts to them and then sell them new assets that the former debtor turned victor charges high prices for.

      But in the long run, even Rome fell and never rose again.





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    • Sat Aug 2nd 14:50 PM | Rating: 0 0
      Commented on:
      California, New York Facing Fiscal Crises, Cuts Inevitable
      It's always good to get back to John Maymard Keynes versus Adam Smith. Most US colleges are on government doles and as a result pitch the Keynes line and flunk students or faculty who mention what Adam Smith had to say.

      Keynes said that any money obtained anywhere at any cost by businesses or governments or charities can be spent for anything and that any such action is good for the economy. He also said that all monopoles and cartels were wonderful whether they were public or private.

      Governments in the USA went for Keynes hook, line, and sinker.

      Adam Smith said cartels and monopolies bring down the wealth of the nation and victomize the poor in particular. Smith said that a free and competitive market will raise living standards for all and that the living standard would be higher for all and more level for all.

      Adam Smith was right.


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    • Sat Aug 2nd 13:37 PM | Rating: 0 0
      Commented on:
      Second Worst Month For Commodities Ever
      Douglas Adams, Hitchhikers Guide to the Galaxy say the answer is 42.

      The long credit cycle would be at about 1938 now.

      The big difference is that the British pound was then under pressure as is the USA dollar now. The pound settled to one fifth of its former value against the US dollar (that is pound at one US dollar)and has only recovered to 2 US dollars since the US doller has strarted to fall against foreign currencies and gold.

      All that doesn't give a precise US dollar to gold ratio so why not go for 42 times 32 or 1250 per ounze.

      And look for the dollar to keep on declining against gold and the currencies of countries that are not borrowing credit from abroad using their own currencies.





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    • Wed Jul 30th 09:05 AM | Rating: 0 0
      Commented on:
      Shiller Home Price Index: Las Vegas-Miami Death Match
      A wealth implosion beyond discription or comprehension. Once you get 50% down you will have the same level of damage the former Pres Bush visited on New England.

      View article »
    • Sun Jul 27th 09:58 AM | Rating: 0 0
      Commented on:
      Stagflation and Peak Oil: How Related Are They? (Part I)
      Yertle the turtle was king of all he saw and had plans to see more and then the little turtle named Mack declined to continue his servitude and there was a total collape to the Yertle empire.

      That's the trouble with forcasting.

      The Macks will get you every time.

      Please refer to Yertle the Turtle by Dr. Seuss.

      The giant world-wide oil cartel will collapse after Bush leaves the White House.

      Internet will collapse it (remember: travel the image, not the item). Alternative energy sources will collape it. The end of the use of the US military to maintain cartel disipline will collapse it. Home use for more activities like work, exercise, entertainment, food growth, electric generation, and etc. will collapse it.

      Now, if only the miss-allowcation of resources by governments in the USA would be reduced, paradise would be won.

      Good Luck.







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    • Sat Jul 26th 12:16 PM | Rating: 0 0
      Commented on:
      The Dead Cat Returns to Earth
      Take the chart above into Elliott Wave analysis and see the first wave down from Oct 2007 to Mar 2008 is a 1-2-3-4-5 formation.

      Then look at the nice A-B-C wave up from May 2008 to July 2008.
      A new 1-2-3-4-5 down began in July 2008 and shoud last through Oct 2008 with a target of 1100.

      That would complete a larger scale A-B-C wave from Oct 2007 to Oct 2008.

      Then, what next?

      We guess that a recovery from OCT 2008 to March 2009 will be followed by another down leg to OCT 2009.

      See your investment advisor before making investmenet decisions.

      Good luck.

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    • Fri Jul 25th 12:09 PM | Rating: 0 0
      Commented on:
      The Lost Decade: S&P Annual Return Just 2.5% Since 1998
      Past, present, and future is shown in the P/E chart displayed above.

      It points out that the USA is in the 1930' again with P/E's on common stocks declining to between 5 and 10 where they will stay for 20 years.

      Yields are now rising and will rise for 20 more years on stocks and bonds and other assets like real estate causing their US $ prices to fall.

      The US $ will fall against foreign currencies because investors will move to foreign stocks and bonds and real estate for better yields.

      USA living standards will continue to decline.

      Huge numbers of US companies will move out of the USA or fail.
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    • Sun Jul 20th 08:10 AM | Rating: 0 0
      Commented on:
      What Happened to Marshall Prentice?
      Lived there once when President Eisenhower was sending all that money from the other states USA taxes to CA to fund the USA response to Sputnick. Lots of apartment buildings sold for 6 times the rent roll then.

      California bankers raised money all over the USA by paying higher than average USA interest rates.

      Those were the good old days. Smog in downtown LA brought teats to your eyes as you drove through.

      Every US president since has juiced the CA economy as Regan did in a huge way with US tax money transfer for high tech and agriculture
      supports of all kinds.

      CA bankers would always lend more on real estate than it's then market worth because the prices would always go up and bail them out.

      Then some guy from Texas popped the CA bubble with high fuel prices.

      Everything turns inside out, implosion.

      Good luck. The state has really great weather and resources.
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    • Sat Jul 19th 11:58 AM | Rating: 0 0
      Commented on:
      Was That 'a' Bottom or 'the' Bottom?
      We are looking for a progression of lower lows and lower highs to the end of September 2008 at 1050 for the S&P500. Then an upswing to the end of March 2009 back to 1140 at S&P 500. Then a major down swing to a S&P500 low of 900 at the end of September 2009.
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    • Sun Jul 13th 11:38 AM | Rating: 0 0
      Commented on:
      GLD "Tonnes in the Trust" Increases by 46 Tonnes
      Because gold demand is seasonal and now is the slow season. Look for gold prices to increase from now to next March.

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    • Sun Jul 13th 09:59 AM | Rating: 0 0
      Commented on:
      Are American Companies Now Up For Grabs?
      Interesting discussion of buyer motivations. Maybe the buyer gets farm lands and factories and patents and other real assets which are appreciating in US $ values by selling US $ bonds which are decling in real US buying power.
      View article »
    • Sat Jul 12th 17:07 PM | Rating: 0 0
      Commented on:
      Ready for Another Leg Down
      We are looking for a DJIA low in October 2008, then a modest rally to March 2009, and then a drop to a lower low in October 2009.

      The 2009 low should be below the 2002 low on the Dow.

      We use Elliott Wave analysis.

      We think it is now 1938 and that the second down wave will be worse than the first one this time as it was not in the 1929 to 1939 case.

      Interest rates are now heading up and will pull down earnings and P/E multiples for some years to come.

      View article »
    • Sat Jul 12th 10:06 AM | Rating: 0 0
      Commented on:
      What to Do with Freddie and Fannie?
      US $ interest rates ended a 20 year decline in 2002 and reversed direction into a 50 year climb like the one from 1930 to 1980. So, interest rates on US $ debts will rise from 2002 to 2052.

      Now the stage is full of uneducated and greedy government employees and US banking cartel benificiaries running around like chickens with missing heads.

      You know the drill. US Tax payers are supposed to bequest more money to them to loose while maintaning their opulent life styles.

      Mean while the Fed pushes US interest rates down to lift commodity and all goods prices in US $ and the US Government lies about the rate of inflation. Higher prices add another tax onto the US public pushing down the amout of comsumption in the US and depressing US businesses of all sizes and killing US businesses and jobs.

      The government hacks all went to "the best" colleges where they were indoctrinated in Keynes's dogma and the complete liberal brain wash.


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    • Fri Jul 11th 13:44 PM | Rating: 0 0
      Commented on:
      Stagflation Haunts Global Stock Markets, Buoys Gold
      This report is a true masterpiece of relavant analytic reporting.

      Use it to build your financial forcasts for US $ values and economic activity in the US and other parts of the world.


      Print it out and save it.

      Many thanks to the author.
      View article »
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