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Michael Clark
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Michael J. Clark was born and raised in Sinclair, Wyoming. He is a poet, novelist, artist, historian, and market analyst. His fine arts portfolio can be found at the following address: http://www.hoalantrangallery.com/MJC2.htm His writing portfolio can be found at:... More
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Clark's Gate Timing System ©
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TURN OUT THE LIGHTS
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  • EPISTLE FROM HEAVEN: DEPRESSION IS 'JUDGMENT DAY'

    It has been almost a year since SA editors have deleted one of my posts. I admit to a certain agitation over the Greek default question -- my posts were taking on a life of their own. The SA editor said my message was 'off topic' -- and I admit that is an accurate description. The sad thing is: I was really quite taken with the post that never made it to the light of day. So much so, that I decided I would write an instablog about it.

    Let's set the stage. The subject under discussion was Greece, which brought out the regular "socialism fails, capitalism rules" jargonization (is that a word?) of thinking. To which I took exception. In my view (it really is not 'my view' -- it is a very old view that I am borrowing and using), Capitalism is the current set of historical clothes the Day-Cycle wears to create the Material World, before vanishing (1929; 1965; 2001), leaving the world to the void; and Socialism is the current set of historical clothes the Night-Cycle wears to attempt to deal with the Solar Hero's absence. The Father creates the world, dies, and leaves the world to his wife to run without money and without the 'magic wand' of expansion. I will leave it to the imagination (think of Mercury's magic stick) to explicate this idea. The magic stick of creation is periodical. It rise and falls. When it rises it is a Creative obelisk, raising the sky, raising the roof of the sky, creating a triangle above the earth and a shadow triangle below the earth, which together form a diamond. When it falls it is a rather sad, dejected shadow of itself. The sky falls with it.

    Sometimes the father steals all the money in the house, sneaks away to a place of hiding in the South Seas. Is that what Capitalism is now doing, assisted by the central banks and their own imaginative jargon, which seems to me equivalent to concepts of embezzlement and extortion.

    The wife must deal as best she can with the Night rules, the Sun's magic having gone, having suddenly disappeared. She must deal with the Moon light instead; and the world devoid of growth, the world devoid of the Sun. Here was my initial response to these ideas:

    The whole world is in a debt deflation depression currently. People don't want to admit this, and try to find a way to deflect the truth. Fisher recognized this: "Ultimately, of course, but only after almost universal bankruptcy, the indebtedness must cease to grow greater and begin to grow less. Then comes recovery and a tendency for a new boom-depression sequence... This is the so-called natural way out of a depression..." He should have stopped here. This is all he needed to say. He adds something strange: "with a lot of needless cruelty, unemployment and starvation..."

    This is what a depression is. This is the austerity that comes with the destruction of the debt that caused the depression.

    We need to understand this in Biblical terms. The Depression is Judgment Day. Of course, we would like it to be different. We would like to be able to think out way out of this. Fisher then tries to think his way out of this. This is 'needless' suffering; if we could just use our reason to 'fix' everything, change the scenario. The fact is, the scenario cannot be changed. By choosing life, we choose death also. Expansion implies, necessitates, contraction. Depression, with a lot of necessary suffering, follows Growth or Inflation by natural law. Birth is painful; death is painful. Birth and death are linked. There is a lot of joy and wealth and excitement along the way. But birth and death are painful.

    We have a Judgment Day every 36 years. Why is this so? It just is. It is a law of heaven. Look at American history. We have 18 years of Life, expansion, joy, reason, fertility, individual evolution, and fruition; but then the expansion ends. And we have 18 years of death, darkness, weakness, self-judgment, negativity, contraction back to the seed. We are contracting back to the seed now, from 2001-2019. We contracted back to the seed from 1965-1983. And then we expanded from the seed to High-Noon from 1983-2001, from 1947-1965, from 1911-1929....

    Was not 1929-1947 a Judgment day on the world? Was not 1965-1983 a judgment on the world, especially on the world America built from 1947-1965? Are we not in a Judgment Day now? The world we built from 1983-2001 is being torn apart brick by brick. And it is going to get worse.

    One of the things we MUST do during a DEFLATION SEASON -- there are two main seasons in fact, the INFLATION SEASON, or the SPENDING SEASON, during which time everything grows, expands, develops, the individual life develops, the individual fruit develops, evolves -- energy is spent, expended -- and this is followed by the end of growth, the end of expansion, the DEFLATION SEASON, THE SAVING SEASON, during which time the emphasis has to be changed from Spending to Saving, from Spending Energy to Conserving or Saving Energy -- since in a very real sense the Spending Season is Youth and Day Energy -- going outward -- and the Saving Season is Maturity, or Old Age, Night Energy -- dreaming energy -- sleeping energy -- going inward.

    One of the things we must do in a SAVING SEASON (continuing my thought) is destroy debt. This is why the transition from the SPENDING SEASON to the SAVING SEASON (2001) must be accompanied by an increase in interest rates. This discourages more unproductive debt after growth has ended; also higher interest rates rewards citizens with safe income from interest-bearing investments, to help them pay off their debts taking on in the recent growth season, when interest rates were lowered to encourage growth. To lower rates when a Business Cycle ends (2001) is insane and immoral, in that it tempts already indebted borrowers to take on more debt, which is destined to be unproductive since business growth has ended.

    There is no way to have a painless debt deflation. The only way out of this phenomenon is the so-called 'natural way', which included pain, unemployment, despair, starvation. This is the Day of the Lord so often discussed in Biblical writing. Economic Depression is the Day of the Lord, the Sabbath, when all creation stops. There are ways to mitigate the pain suffered during these depressions, but it implies more socialism during the time of the Night of Suffering, and less capitalism (less of what central banks are trying to do now, in fact). Less intellectual ejaculation and attempts to trick nature. More sharing of resources and pooling energy together collectively to survive the Winter as a family, a tribe or as a national of equals.

    Capitalism by Day. Socialism by Night. This is what is means by Eternal Life -- and by the idea of the urgency of developing both sides of the brain, the Left Brain for Day-Cycles, and the Right Brain for Night-Cycles. Be a Master of Both Worlds of Both Sides of the Brain.

    Capitalism and Socialism flow into one another like day and night. They are the eternal couple, Father and Mother, from which all things arise.

    During the Day they rise and separate; the Father goes out in the world to work, and the Mother stays behind, raising her children. During the Night, the Father returns to the Mother, and sleeps, because he is tired. And the Mother stays up, helps the children with their study, and prepares the food for the next day, watching over the house as the moon watches over the dark night.

    Every nation is a mix of capitalism and socialism. We don't want nations that don't mix these two elements, because both alone are unbalanced and dangerous.

    An SA member (who shall remain anonymous) replied: " Makes some sense. But, I promise you, a depression is not "The Day of The Lord."

    To which I responded (and this is the deleted epistle):

    Read the Book of Revelations. In what way is the time period 2001-2019 NOT like the Book of Revelations? We've had plagues, natural disasters, floods, tsunamis, angels of destruction (ISIS; is ISIS not a biblical plague); devils; we even had the Tower of BAbel in 2001... remember, religious writing is not literal, it is writing with metaphor. It is written by poets, in full command of the right brain (not the left brain, where metaphor is sealed-off and excluded, a form of mental illness or backwardness, superstition).

    The Day of Jehovah is the Sabbath, the day of rest, and entails the destruction of the world created by Elohim (the Day Cycle Builders). The world we (the Day-Cycle Builders, humans being the workmen of these Elohim) built from 1983-2001 -- the Days of Creation -- is now being destroyed, and will be destroyed through 2019, when the New World will be born, and the re-building of the world will begin again.

    THE EVER SELF-RENEWING DIVINE ENERGY RISES AT THE EASTERTIDE OF THE COSMOS.

    The ever self-renewing Divine Energy is born in 2019 (...1911, 1947, 1983...). It rises into power and relative visibility in 2028, 1920, 1956, 1992...). Mystical systems have meaning; but these meanings are sealed to those who live on the outside, in the objective world, in the Dayight, in the 'literal' or 'real' world. If you want to learn about these meanings, you have to let your EGO die, your self-rule; you have to be willing to follow where your Soul leads you. If you don't believe there is such a thing as a Soul, then you are being led by your Ego and you will not be allowed to enter the halls of Inner Learning. Remember the idea of the Rich Man having no chance of entering Paradise; he is like a camel trying to pass through the eye of a needle. There is meaning in this also. One must downsize the EGO, the self-love, the I am the Master of the Universe mentality -- the rich man's mentality -- one must be very small to gain entrance to the Hall of Inner Learning.

    Remember, the urge to debunk is the urge to protect oneself from things one does not understand. One must be small to learn; when one becomes big (a material object) one has stopped learning and has become a life.

    The day of Jehovah [comes] to make the earth a desolation, since neither the stars of the heavens nor their Orions will shine their light. The sun has been shadowed over in its emergence, and the moon will not radiate its light. (Isaiah 13:9, 10)

    The day of Jehovah has come, a day of shadow and darkness. Before him the earth trembles, the heavens shake, the sun and moon turn black, and the stars hold back their rays. (Joel 2:1, 2, 10)

    The day of Jehovah is near. Look-the day of Jehovah is coming! I will shake heaven, and the earth will tremble right out of its place, on the day when my anger blazes up. The time of his coming is near, and its days will not be postponed. (Isaiah 13:6, 9, 13, 22)

    THE "Day of Jehovah" is the name of that period of time in which God's kingdom, under Christ, is to be gradually "set up" in the earth, while the kingdoms of this world are passing away and Satan's power and influence over men are gradually being bound.
    It is everywhere described as a dark day of intense trouble and distress and perplexity upon mankind. And what wonder that a revolution of such proportions, and necessitating such great changes, should cause trouble. Small revolutions have caused trouble in every age; and this, so much greater than any previous revolution, is to be a time of trouble such as never was since there was a nation --no, nor ever shall be. (Matthew)

    "Present your bodies as a living sacrifice" (Romans, 12-1)

    Of course, those with a true sense of mathematics will understand that the "Day" of Jehovah is not merely a day, but a 'season', a night season. The Six Days of Creation are followed by a Sabbath that is equal in duration to the Six Days of Creation. Time is the structuring element of the Six Days of Creation (18 years) -- and Time dies at the end of these Six Days, being replaced by the first form of Time, Space, Eternal Time, Eternity. It is not surprising that the concept of Time gets stretched a bit after Creative Energy (Libido) gets turned inside out and upside down, vanishing into the interior spaces, in order to organize, to re-create, Heaven also, as it has re-created the Earth.

    1911-1929: Creation

    1929-1947: Day of Jehovah

    1947-1965: Creation

    1965-1983: Day of Jehovah

    1983-2001: Creation

    2001-2019: Day of Jehovah...

    In a large sense, the Old Testament is the Book of Creation of the world, the New Testament is the Book of Judgment -- destruction of the Material World -- and the Book of Revelation is the Book of the Holy Spirit, the Death of the Old World and the Birth of the New World, the meeting ground of Father and Son. 2019 in other worlds (1983; 1947: note how both Israel and China were born at this point in an earlier cycle; 1911...)

    Remember, scriptural writing is almost never literal. It is poetic writing. To comprehend it one must be right-brain literate. The left-brain is helpless before scriptural wriiting, and poetry. The left-brain of reason and science is literal by its very nature. It comprehends and manipulates only the literal world. When the Night-Cycle comes, it is blinded, its rules and laws are suddenly voided, transformed into blackness. Of course literal-minded economists are floored by the Night-Cycle, cannot comprehend it; and its machinations do not work in the Moon's world. It is hard to condemn the likes of Greenspan and Bernanke (although I do seem to find a way), since they cannot see; they become somnambulists, sleep-walkers.

    Scriptural writing must be read by the light of the moon. Night-Cycle reality must be read by the light of the moon also; which makes it quite tricky, since Western Culture trusts only the Day-Cycle breed, with the Day-Cycle accomplishments of degrees taken in Day-Cycle institutions.

    Actually, our experts are not really so expert (in economics). Everything grows, expands, during the Day-Cycle. And our economic experts take credit for the expansion, congratulate their theories -- but it is like taking credit for the spring. It is the ever-recurring Divine Energy that makes everything grow on time again (rebirth), not the theories of economists, not the policies of the Federal Reserve Board. The FED needs to learn its limitations. I will say the FED has become wise, when they learn their limitations to control Nature, God's production.

    When the Night-Cycle begins, then scriptural writing is unsealed; when the Day-Cycle begins scriptural writing is sealed again. The Sun feeds the physical world energy; the Moon feeds the metaphysical world energy. The Moon unseals the Soul; the Sun seals the Soul again, puts it back inside, and vitalizes physical nature. Every Night-Cycle (Day of Jehovah) is a time of Knowledge of the Tree of Good and Evil: a time to study God's Law. Every Day-Cycle is a time of the Tree of Life, of body, a time to reproduce physical nature, a time to build a new generation, a time to act in the body -- because the Ever-Renewing Divine Energy has come back down into the body to revitalize physical nature.

    During the Night-Cycle, the inside (the Soul) comes outside again. The Woman has a man on the inside; and the Man has a woman on the inside. When the Night-Cycle comes, the Day of Jehovah, the Woman lets her man come out, and the Man goes inside to hide, to regeneration himself, and his woman comes into the foreground to protect him while he hides in the Moon.

    Night-Cycles must be understood metaphorically as a casting off of an old skin, so that a new skin, a new earth, a cleaner, better earth, can replace it. The New Earth is what the rebirth (2019) represents.

    MJC, CGTS

    Jul 10 4:33 PM | Link | 7 Comments
  • MARKET DETERIORATION: HOW MUCH; HOW LONG?

    We all know that the markets are deteriorating. Is this a 'normal' correction, or something more?

    I guess the real question is are the central banks broken? They have been resisting this type of 'negative reaction' for years now, using all kinds of fancy-named ACRONYMS to suggest they were smarter than Mr. Market (Nature) -- so much so that many of us were beginning to doubt their vulnerability to natural cycles.

    What is this kryptonite in a can? Both Greece (and, consequently, Europe) came apart at the seams at almost the exact same time China did. The Chinese panicked, threatening to jail anyone attempting to sell stocks, threatening to murder anyone short-selling stocks -- George Soros' name came up first on the list -- which probably was deeply satisfying to American conservatives -- Bill Gross' name came up next. But Gross was apparently talking up his sleeve, first when he said that German bonds were the short of the century, then when he said Chinese stocks were the short of the millennium -- only to admit he missed both markets; he was so busy making predictions he did not have the time to place his bets.

    Does this mean Bill Gross is not under arrest, China? Was it a simple misunderstanding? And what about those death threats against Soros? Still active? The China markets are up 10% in two days -- apparently shutting down 75% of the markets and threatening sellers with down-time in the Sino gulags made the 'foreign terrorists' come to their senses. (Now there's still that problems of sky-high margin. Apparently China lost, through their stock markets, in the last two weeks wealth comparable to 16 separate Greeces. No wonder they are upset.)

    Even the Economist magazine is starting to notice the inordinate attention governments are giving to the suddenly blanching "Wealth Effect" -- or the use of taxpayer money to try to prop up the markets.

    It is a good start to our debt destruction. And I'm the guy who says the DJIA has to backtrack to around 8787 by 2019. So I really can't say that I'm surprised by this sudden inversion in the investment weather patterns.

    We have begun taking daily temperatures of the markets using our best (one of our best trading systems, EMV ASP), which has been giving wholesale 'sell' signals this week. This does not mean much in itself. It is a trading system.

    But our 'temperature' reading of the markets is getting quite cold now. Today's readings were decidedly negative: Of our 609 'long-only' issues (no inverse ETFS, no VIX), only 95 issues are in the long position -- this compares with 223 on 4 June 2015. 157 issues are not in the short position -- this compares with 84 on 4 June 2015. This indicator was 73% bull over bear on 4 June and is now only 38% bullish.

    Column1Column2Column3Column4Column5Column6Column7
    DATEBULLBEARFLATBull v BearBull DifBULL RATE
           
    6/4/152238430272.64% 36.62%
    6/5/152118331571.77%-5.38%34.65%
    6/8/152048731870.10%-3.32%33.50%
    6/12/151938633069.18%-5.39%31.69%
    6/18/151868833567.88%-3.63%30.54%
    6/22/151959032468.42%4.84%32.02%
    6/24/152039031669.28%4.10%33.33%
    6/25/152039031669.28%0.00%33.33%
    6/26/151959432067.47%-3.94%32.02%
    6/29/151769633764.71%-9.74%28.90%
    7/1/1514911834255.81%-15.34%24.47%
    7/6/1513912234853.26%-6.71%22.82%
    7/7/1513712934351.50%-1.44%22.50%
    7/8/1511714634644.49%-14.60%19.21%
    7/9/159515735737.70%-18.80%15.60%

    One of the companies we most dislike, Goldman Sachs, gave a sell signal today in our EMV ASP trading system. The picture of the stock tells us something; I'm not sure how much.

    (click to enlarge)

    GS is going down. Let me stress. This is a sell signal, a 'take profits' signal, not a shortsell signal for GS. We could get another buy the dip buy signal for GS. That has been the recent history. It all depends how much of our future wealth the central banks are willing to spend to try to make a point -- or to save their own skins, or our skins -- are they working for themselves or for us?

    It is beginning to feel that their creation of a New Feudalism that puts them and their friends all alone at the top of the Wealth Mountain is not necessarily in our best interests. Is it? How much of our grandchildren's money are we will to spend to protect this richest 1% in the world from God's regular adjustment to the Money Wheel, which the central banks are now fighting like the last contingent of devils manning the anti-theological battle-stations.

    This is all our EMV ASP reading for the week. Only two new positions for the week, both short, IO, Ion Corp, and KORU, Korean Stock Bullish ETF. all the others, like GS, are sell signals, terminating a long position. Excuse me, two positions were terminated short positions: AXPW, Axion; and TMF, closing a bearish position, in the bullish 20-Year TBond ETF.

    Column1Column2Column3Column4Column5
      CurrentLast Week 
    SymbolClosePositionPositionCompany
         
    ^RUT1,234.15FlatLongRussell SMall Cap Index Daily
    ^TYX3.1FlatLong30 YEAR TREASURY YIELD
    AXPW0.084FlatShortAXION
    BIIB399.29FlatLongBiogen Idec
    CF60.8FlatLongCF Industries
    CMA48.99FlatLongComerica (banking)
    CPF23FlatLongCentral Pacific Financial Corp
    CPHD57.4FlatLongCepheid
    CURE38.75FlatLong* Healthcare Stocks Bullish ETF 3x
    EIRL38.57FlatLongIreland ETF
    GILD113.36FlatLongGilead Sciences
    GS204.81FlatLongGoldman Sachs Daily
    HLF50.24FlatLongHERBALIFE
    IO1.06ShortFlatIon corp
    JAKK8.94FlatLongJAKKS Pacific
    JBLU20.9FlatLongJet Blue
    JPM66.11FlatLongJP Morgan Daily
    KORU27.93ShortFlat* South Korean Stocks Bullish ETF 3 x
    KRE43.57FlatLongRegional Banks ETF
    MET55.02FlatLongMET LIFE INSURANCE
    MWW6.06FlatLongMonster Worldwide
    NTRS74.74FlatLongNorthern Trust Corp
    NVMI12.37FlatLongNova Measuring Instruments
    RBS10.47FlatLongRoyal Bank of Scotland Daily
    SBND5.41FlatLong* Long-Bond Bearish ETF 3x
    TMF69.61FlatShort* 20+ Year Treasury Bull ETF 3x
    TWOU30.3FlatLong2 U (NASDAQ:CHINA)
    WMB56.45FlatLongWilliams Companies

    What am I saying? Am I saying that this is the Bear Market we've all been dreading, some predicting, and others, the majority, fighting against, tooth-and-nail, with magnificent help in this bullish posture from Central Bank big spenders who have thrown trillions into the black hole of deflation to try to prove their theories right.

    I don't like Goldman Sachs. I admit that. When we look at the EU crown princes during this epic battle (not really -- pyrrhic battle?) to repress Greece, the rebellious slave, I can't help but see Goldman Sach's knaves (princes?) wherever I look. Seems like Goldman's fingerprints are on everything, the banking take-over of the world, the leveraged buyout of nations all over the world. The picture below reminds me of books I read as a child, with story and pictures of the Nazi leveraged-buyout of Germany, and the hostile take-over of Europe.

    I used to bemoan the American Empire, making all the same bad moves the Roman Empire made. I am beginning to think that this is NOT the American Empire; it is the Wall Street Empire, a Corporate Empire -- remember the classic scene from the movie NETWORK in the 1970's -- where the Mad Prophet, Howard Beale, played by Peter Finch, is visited by God at night in his bed and is told by God that he has to tell the American people the truth:

    Last night, I was awakened from a fitful sleep, shortly after 2 o'clock in the morning by a shrill, sibilant, faceless voice. I couldn't make it out at first in the dark bedroom. And I said, 'I'm sorry, you will have to talk a little louder.'...And the Voice said to me: 'I want you to tell the people the truth, not an easy thing to do because the people don't want to know the truth.' And I said, 'You're kidding. What the hell should I know about the truth?' But the Voice said to me: 'Don't worry about the truth. I will put the words in your mouth.' And I said, 'What is this, the burning bush? For God's sake, I'm not Moses.' And the Voice said to me: 'And I'm not God. What has that got to do with it?'

    And the Voice said to me: 'We're not talking about eternal truth or absolute truth or ultimate truth. We're talking about impermanent, transient, human truth. I don't expect you people to be capable of truth, but god-dammit, at least you're capable of self-preservation!' And I said, 'Why me?' And the Voice said: 'Because you're on television, dummy! You have 40 million Americans listening to you and after the show you could have 50 million. For Pete's sake, I'm not asking you to walk the land in sackcloth and ashes preaching the Armageddon. You're on TV, man.' So I thought about it for a moment, and then I said, 'Ok.'

    Howard Beale does what God tells him to do. Beale is a kind of damaged Walter Cronkite on acid, delivering the Six O'Clock News to people who no longer want to hear the news, people who want to be entertained, not educated.

    Beale ends the news show with:

    I don't have to tell you things are bad. Everybody knows things are bad. It's a depression. Everybody's out of work or scared of losing their job. The dollar buys a nickel's worth. Banks are going bust. Shopkeepers keep a gun under the counter. Punks are running wild in the street and there's nobody anywhere who seems to know what to do, and there's no end to it. We know the air is unfit to breathe and our food is unfit to eat, and we sit watching our TVs while some local newscaster tells us that today we had fifteen homicides and sixty-three violent crimes, as if that's the way it's supposed to be.

    We know things are bad - worse than bad. They're crazy. It's like everything everywhere is going crazy, so we don't go out anymore. We sit in the house, and slowly the world we are living in is getting smaller, and all we say is: 'Please, at least leave us alone in our living rooms. Let me have my toaster and my TV and my steel-belted radials and I won't say anything. Just leave us alone.'

    Well, I'm not gonna leave you alone. I want you to get MAD! I don't want you to protest. I don't want you to riot - I don't want you to write to your congressman, because I wouldn't know what to tell you to write. I don't know what to do about the depression and the inflation and the Russians and the crime in the street. All I know is that first you've got to get mad. (shouting) You've got to say: 'I'm a human being, god-dammit! My life has value!'

    So, I want you to get up now. I want all of you to get up out of your chairs. I want you to get up right now and go to the window. Open it, and stick your head out, and yell: 'I'm as mad as hell, and I'm not gonna take this anymore!'

    I want you to get up right now. Sit up. Go to your windows. Open them and stick your head out and yell - 'I'm as mad as hell and I'm not gonna take this anymore!' Things have got to change. But first, you've gotta get mad!...You've got to say, 'I'm as mad as hell, and I'm not gonna take this anymore!' Then we'll figure out what to do about the depression and the inflation and the oil crisis. But first, get up out of your chairs, open the window, stick your head out, and yell, and say it: 'I'm as mad as hell, and I'm not gonna take this anymore!'

    Beale becomes a hit as the Mad Prophet. The network tries to fire him, send him to the insane asylum, but his ratings are too good. America loves the new fire-and-brimstone Cronkite. The next day, Beale is at it again.

    Edward George Ruddy died today! Edward George Ruddy was the Chairman of the Board of the Union Broadcasting Systems and he died at eleven o'clock this morning of a heart condition! And woe is us! We're in a lot of trouble! So, a rich little man with white hair died. What does that got to do with the price of rice, right? And why is that woe to us? Because you people and sixty-two million other Americans are listening to me right now. Because less than three percent of you people read books. Because less than fifteen percent of you read newspapers. Because the only truth you know is what you get over this tube. Right now, there is a whole, an entire generation that never knew anything that didn't come out of this tube. This tube is the Gospel. The ultimate revelation! This tube can make or break Presidents, Popes, Prime Ministers. This tube is the most awesome, god-damn force in the whole godless world. And woe is us if it ever falls into the hands of the wrong people. And that's why woe is us that Edward George Ruddy died.

    Because this company is now in the hands of CCA, the Communication Corporation of America. There's a new chairman of the board, a man called Frank Hackett sitting in Mr. Ruddy's office on the 20th floor. And when the twelfth largest company in the world controls the most awesome, god-damn propaganda force in the whole godless world, who knows what s--t will be peddled for truth on this network.

    So, you listen to me. Listen to me! Television is not the truth. Television's a god-damned amusement park. Television is a circus, a carnival, a traveling troupe of acrobats, storytellers, dancers, singers, jugglers, sideshow freaks, lion tamers, and football players. We're in the boredom-killing business. So if you want the Truth, go to God! Go to your gurus. Go to yourselves! Because that's the only place you're ever gonna find any real truth. But, man, you're never gonna get any truth from us. We'll tell you anything you wanna hear. We lie like hell. We'll tell you that, uh, Kojak always gets the killer and that nobody ever gets cancer at Archie Bunker's house. And no matter how much trouble the hero is in, don't worry. Just look at your watch. At the end of the hour, he's gonna win. We'll tell you any s--t you want to hear.

    We deal in illusions, man. None of it is true! But you people sit there day after day, night after night, all ages, colors, creeds. We're all you know. You're beginning to believe the illusions we're spinning here. You're beginning to think that the tube is reality and that your own lives are unreal. You do whatever the tube tells you. You dress like the tube, you eat like the tube, you raise your children like the tube. You even think like the tube. This is mass madness. You maniacs. In God's name, you people are the real thing. We are the illusion. So turn off your television sets. Turn them off now. Turn them off right now. Turn them off and leave them off. Turn them off right in the middle of this sentence I am speaking to you now. Turn them off!

    The next day Beale warns of corporate deceit and monopoly -- perhaps we can substitute the Chinese for the Arabs to make this more current.

    Now you listen to me. And listen carefully, because this is your goddamn life I'm talking about today. In this country, when one company wants to take over another company, they simply buy up a controlling share of the stock. But first, they have to file notice with the government. That's how CCA took over the company that owns this network. But now somebody is buying up CCA. Somebody called the Western World Funding Corporation. They filed the notice this morning.

    Well, just who in the hell is the Western World Funding Corporation? It is a consortium of banks and insurance companies who are not buying CCA for themselves but as agents for somebody else. And who is this somebody else? They won't tell you. They won't tell you, they won't tell the Senate, they won't tell the SEC, the FCC, they won't tell the Justice Department, they won't tell anybody. They say it's none of our business. The hell it ain't! I will tell you who they're buying CCA for. They're buying it for the Saudi-Arabian Investment Corporation. They're buying it for the Arabs...

    We all know that the Arabs control sixteen billion dollars in this country. They own a chunk of Fifth Avenue, twenty downtown pieces of Boston, a part of the port of New Orleans, an industrial park in Salt Lake City. They own big hunks of the Atlanta Hilton, the Arizona Land and Cattle Company, the Security National Bank in California, the Bank of the Commonwealth in Detroit. They control ARAMCO, so that puts them into Exxon, Texaco, and Mobil Oil. They're all over - New Jersey, Louisville, St. Louis Missouri. And that's only what we know about! There's a hell of a lot more we don't know about because all of the those Arab petro-dollars are washed through Switzerland and Canada and the biggest banks in this country.

    For example, what we don't know about is this CCA deal and all the other CCA deals. Right now, the Arabs have screwed us out of enough American dollars to come right back and with our own money, buy General Motors, IBM, ITT, AT&T, DuPont, US Steel, and twenty other American companies. Hell, they already own half of England.

    So listen to me. Listen to me, god-dammit! The Arabs are simply buying us. There's only one thing that can stop them. You! You! So, I want you to get up now. I want you to get up out of your chairs. I want you to get up right now and go to the phone. I want you to get up from your chairs, go to the phone, get in your cars, drive into the Western Union offices in town. I want you to send a telegram to the White House. By midnight tonight, I want a million telegrams in the White House. I want them wading knee-deep in telegrams at the White House. I want you to get up right now and write a telegram to President Ford saying: 'I'm as mad as hell and I'm not gonna take this anymore! I don't want the banks selling my country to the Arabs! I want the CCA deal stopped now!' I want the CCA deal stopped now.

    It is one thing for the Mad Prophet to entertain people with his mad prophet antics -- but to try to interfere with the prerogatives of the Wall Street Empire is beyond the pale.

    Howard Beale gets called on the carpet ("Welcome to Valhalla"), gets lectured by a new kind of god, a chubby man with a gigantic bank account who tells him how the world really works. Arthur Jensen (Ned Beatty) is Chairman of the Board of UBS Corporation. He is company pitchman, corporate demigod, and wrathful titan all at once, a kind of John Calvin in modern attire, not so dissimilar to Lloyd Blankfein of Goldman Sachs when making his "We are doing God's work" ejaculation. Beale is terrified by this new god.

    You have meddled with the primal forces of nature, Mr. Beale, and I won't have it! Is that clear?! Do you think you've merely stopped a business deal? That is not the case. The Arabs have taken billions of dollars out of this country, and now they must put it back! It is ebb and flow, tidal gravity! It is ecological balance! You are an old man who thinks in terms of nations and peoples. There are no nations. There are no peoples. There are no Russians. There are no Arabs. There are no third worlds. There is no West. There is only one holistic system of systems, one vast and immane, interwoven, interacting, multi-variate, multi-national dominion of dollars. Petro-dollars, electro-dollars, multi-dollars, reichmarks, rins, rubles, pounds, and shekels. It is the international system of currency which determines the totality of life on this planet. That is the natural order of things today. That is the atomic and sub-atomic and galactic structure of things today! And you have meddled with the primal forces of nature, and You Will Atone!

    Am I getting through to you, Mr. Beale? You get up on your little twenty-one inch screen and howl about America and democracy. There is no America. There is no democracy. There is only IBM and ITT and AT&T and DuPont, Dow, Union Carbide, and Exxon. Those are the nations of the world today. What do you think the Russians talk about in their councils of state - Karl Marx? They get out their linear programming charts, statistical decision theories, minimax solutions, and compute the price-cost probabilities of their transactions and investments, just like we do. We no longer live in a world of nations and ideologies, Mr. Beale. The world is a college of corporations, inexorably determined by the immutable by-laws of business. The world is a business, Mr. Beale. It has been since man crawled out of the slime. And our children will live, Mr. Beale, to see that perfect world in which there's no war or famine, oppression or brutality. One vast and ecumenical holding company, for whom all men will work to serve a common profit, in which all men will hold a share of stock, all necessities provided, all anxieties tranquilized, all boredom amused. And I have chosen you, Mr. Beale, to preach this evangel. (Beale: "Why me?") Because you're on television, dummy. Sixty million people watch you every night of the week, Monday through Friday. (Beale: "I have seen the face of God.") You just might be right, Mr. Beale.

    Having met the devil face-to-face (or was it God?), Beale surrenders to this new world, the Corporate Empire:

    Last night I got up here and asked you people to stand up and fight for your heritage, and you did, and it was beautiful. Six million telegrams were received at the White House. The Arab takeover of CCA has been stopped. The people spoke, the people won. It was a radiant eruption of democracy. But I think that was it, fellas. That sort of thing is not likely to happen again. Because at the bottom of all our terrified souls, we know that democracy is a dying giant, a sick, sick dying, decaying political concept, writhing in its final pain. I don't mean that the United States is finished as a world power. The United States is the richest, the most powerful, the most advanced country in the world, light-years ahead of any other country. And I don't mean the Communists are gonna take over the world, because the Communists are deader than we are.

    What is finished is the idea that this great country is dedicated to the freedom and flourishing of every individual in it. It's the individual that's finished. It's the single, solitary human being that's finished. It's every single one of you out there that's finished. Because this is no longer a nation of independent individuals. It's a nation of some two hundred odd million transistorized, deodorized, whiter-than-white, steel-belted bodies, totally unnecessary as human beings and as replaceable as piston rods.

    Well, the time has come to say is 'dehumanization' such a bad word?' Whether it's good or bad, that's what is so. The whole world is becoming humanoid, creatures that look human but aren't. The whole world, not just us. We're just the most advanced country, so we're getting there first. The whole world's people are becoming mass-produced, programmed, numbered, insensate things...

    So, we all surrender to the corporate empire. Is that right? Is Greece now surrendering, after put up a fight for a few days? Seems that way. How can one defeat such a monster; how can one secede from the beast?

    Will God allow this force of Empire to take over the world in such an absolute way, world without end? Those of you who read my writing, know that I am saying this Old World will end in 2019; and a new world will be instantly born to replace this Old World. Does this mean the corporatocracy will be blown away? In 1983, when the Old World was ending, a movie was released called "THE EMPIRE STRIKES BACK" -- and soon thereafter the empire did strike back.

    In 2019 the Force of Light will reincarnate; Light is Matter we remember. So does this mean the material empire will 'strike back'? Well, we know the Romans did not go down easily. Caesarism is upon us. Donald Trump says he wants to go into Iraq and Iran and steal their oil; why? Because he can. He has a larger army. He wants to force Mexico to pay for a Great Wall that America will build to separate the two countries.

    Is this Caesarism? The fact that he is leading Republican hopefuls to become the next American Caesar says something, I think. Is he so different from Nero? We know that Trump is filthy rich; we read today that he treats his employees with a stingy hand, according to his company's IRA participation. None of his bigotry, selfishness, chest-beating, racial slurs seems to affect his popularity with voters. This is a sign that the empire is not yet dead.

    Race as a political content and whip is coming back in again. A 21-year old white boy, fan of African racial segregation, kills black church worshippers in South Carolina and conservatives bristle when this is called a 'hate crime'. We have very deep historical neurosis when it comes to race; this is a monster we just can't seem to tame.

    Wall Street's successful dimunition of worker's pay and rights is a very clear exclamation point in the feudal view, master above and servant below. Why not have a world of a few rich (mostly white) multi-billionaires and millions of waitresses and bartenders? Why not? Why not celebrate the world's winners? Why not dismiss the world's losers. What are they good for anyway? If they had any talent, they would be rich, right?

    I am reminded of the Bertrand Russell quote: "Life is nothing but a competition to be a criminal rather than a victim." I believe there is a third choice; but I will save that for a later article.

    A German magazine supports German hostility to present-day Greece by encouraging German stolidity: "The Greeks aren't the original Greeks. The original Greeks were blond and blue-eyed. These Greeks are dark-haired mongrel slavs and Arabs." (Meaning, I guess, that it is alright to make them debt slaves because of this racial inequality. Blond and blue-eyed on top again? Haven't we been here before?)

    We are sinking into the world root-system. The next few years (2016-2022) will be spent in the soil in the Earth's very deep root system, in the instincts, in the unconscious, in the dark repressed part of the pre-human system. In 2001 we were fruit in the branches at the top of the tree. Not any longer. The sap is running into the roots, as slow as molasses. This will bring out the worst and the best in the human creature, dying and seeking rebirth. Some of us will be chosen for rebirth; others will not be so chosen. 2019 is MIDNIGHT. Midnight could be very dark.

    The Corporate Empire is like the Roman Empire. And we are in the year 2015. Think of Rome in the year 0015. The Dark Age is beckoning Rome to begin to sleep, to begin to dream. When the Hero stays in the world too long, he becomes a tyrant, the very same Hero who, in youth, was bright and warm and brilliant and admired by nearly all. Now that Hero-becoming-Nero fears losing what he has come to possess, and now is becoming a monster, feared by many, the Tyrant threatening the world.

    Central banks pilfering the future is guaranteeing for the world a Dark Age. They are stealing so much money from the future, spending it today, how can we not sink into a dark pit of poverty in the future. Central banks are digging a hole for us, a grave, into which they will lead us. The Black Hole is the image of this experience. The Black Hole is the Dark Age. The light goes out. The Sun-Hero vanishes. The Moon takes over. Life becomes reflection on Life; the Past conquers the Future.

    So, as anyone who has read me knows, I do think this wave of selling in the markets is the beginning of the end -- at least a DJIA reversion to 8787 suggests that I think this is the real thing. I must say that central bank resistance (be it fear of death or something more positive; or something absolutely evil) has been impressive in its adamantine refusal to blink, globally now. Refusal to blink can sometimes be a positive thing; although it can make one blind in the long run.

    I think any time shortsale positions outnumber long positions it is a bear market -- see my statistics above. Of course, I'm still claiming that the Bear Market runs from 2001-2019 -- I am STILL claiming that -- so I'm believing, seeing, that a reversion to course will prove the central bankers (Greenspan-Bernanke especially, as the Grand Dragons of the new "Socialism for the Rich" pantomime) as failures -- I believe political and social chaos will be the end result. I hope my vision that the central banks have raided the treasury for their fellow rich cronies to escape with all the money before the roof caves in does not prove to be a profoundly accurate description of what is currently happening. If this IS what is happening, then there will be much RETRIBUTION for these gangsters and their families in this world and in the next several worlds.

    I wish to thank Paddy Chayefsky for the wonderful script of "NETWORK" above -- which seems even more accurate and prophetic and threatening in 2015 as it was in 1976 -- yes, this script was 36 years old in 2012. He is a brilliant writer.

    I talked about Goldman Sachs above -- God's workmen -- but I am also wondering what Jamie Dimon at JP Morgan and his buddies at Citigroup are up to, attempting to corner the precious metals derivatives market?

    Is there a connection between these new positions and the collapse of the precious metals markets this past week?

    In an article on ZeroHedge, "ARE BIG BANKS USING DERIVATIVES TO SUPPRESS BULLION PRICES," authors Paul-Craig Roberts and Dave Kranzler argue that they are. This fits in quite nicely with our theme above, how the Corporate Empire does what it wants and how standing in its way is not only a form of solitary stupidity but also is politically incorrect. The toxic big picture being what it is.

    www.zerohedge.com/news/2015-07-09/are-bi...

    What a world we live in now.

    This is another Mad Prophet, signing off. My next epistle will be more about what God wants from us in this dying world, and less about what man wants from God.

    Mad Prophets unite.

    MJC, CGTS

    Jul 10 2:46 AM | Link | Comment!
  • BACK TO STOCKS? Sell GILD. Short CBI?

    I've been debating the 'Greek Issue' so much lately I've forgotten all about stocks -- how refreshing.

    How bad is it out there? Well, it's pretty bad in China. I read where the Chinese have made it illegal for hedge funds to sell Chinese stocks. Apparently it is also illegal for Chinese citizens or media-makers or media-users to say anything negative about stocks. That's bad. The Chinese intended to make stocks deflation-proof, to replace the housing market which has imploded in China. Now the stock markets are also imploding. Double-whammy.

    There is a lesson in this of course, one from which our own central banks in the West could also learn: DEBT WEALTH IS EMPTY. A bubble is by definition...debt wealth...and, thus, is empty.

    It's odd, the material world seems solid, but is apparently empty -- the atom is almost all empty space. And the spiritual world (the world of anti-matter) seems empty; my thesis is that it is full however. That latter part is my projection. Can't be proven yet.

    Time to sell GILD, Gilead Sciences. This is a trading sell signal, not a short signal.

    (click to enlarge)

    This trading system (EMV ASP) is one of our best -- and we recently began tallying all the long-only issues we follow in our database, to see if this trading system could function as a general stock barometer as well. This was a recent conversion -- so we don't have much data so far. But here is what we have at the moment:

    In a database of 609 issues, today 137 are giving long readings, 129 are giving short readings, and 343 are neutral, out of the market. So, the bulls still lead the bears (51.5%) but the bulls as a percentage of the whole database are only 22%). Two months ago, most stocks were in the long position.

    We are still long the US Dollar, with the obvious analogous mirror-image positions: short oil, short gold, short the Euro, short the Canadian loony, short the Australian Dollar. We think the real titanic struggle of the next year will be this: the US Dollar against the world, bringing the deflation the central banks have been denying and resisting for so long, paying trillions to delay. We think short positions against developing markets will be profitable; we think foreign debt is in trouble; we expect massive default in the developing world on all the US Dollar debt they took out during the weak-Dollar feeding frenzy. Now they have to service all that debt in weakening (and even devalued) local currency, while the Dollar goes higher. If this does play out, the world deflation will finally arrive, and the debt bubble will get scalped. It is a sad prospect, because it will generate all kinds of problems for humans everywhere. But it is the other (necessary) side to the Greed Wagon we have all been riding on for so long. For every inflation there is an equal and opposite deflation.

    I caught flack from CBI longs when I predicted that CBI would be under 20 again before it would be over 80. It all depends on the Dollar-Oil equation. My premise is that the Dollar will rally for several more years, deflating the commodities further, deflating Dollar-loans, banks -- I'm the guy who is saying the DJI might still touch 8787 -- with no central bank dry powder to try to 'save the world' again. The world will save itself. Everyone in the world needs to diligently seek salvation through a new birth, which I also say is coming 2019. But the world needs to unload all of its debt before 2019. That will not be an easy or a painless trick.

    Look how CBI moves as an anti-Dollar play, like oil does. I'm showing CBI here so I can refer those CBI longs to a new updated picture of CBI after its recent rally. CBI is 'Warren Buffet's stock' -- he's never been wrong before. I hate to stand against Warren Buffet -- he's a much better investor than I am. And he also has a lot more money that I have, to attempt to manipulate the market in his direction, if he should so choose. (I'm not accusing him of anything here.) However, the market seems stacked at the moment against anything even smelling of oil. "CBI is not an oil stock!" I am told by CBI longs. "Can't you get it through that thick head of yours!" I do have a thick head -- how can they tell from so far away. Anyway, it is dangerous to fall in love with a stock. Stocks (no stock) don't love you back. They can break your heart -- and not even apologize.

    (click to enlarge)Good fortune to the Greeks. They said NO to the EU bank mafia. That does not mean their life as a nation will become easy -- but at least they did the right thing at the moment.

    I believe the banks are a cartel (with a meistro in the FED and in the worlds central banks) who always puts them first. I believe they are dangerous to democracies, and to all countries in fact. I think they need to be dismantled, and turned into public utilities.

    I am a fan of Teddy Roosevel: "It's time to break up the trusts, the monopolies." We need a new generation of capitalist enterprises, small enterprises starting from seed. To allow these seeds a chance to develop, we need to neutralize the titans of today. Remember, Saturn wanted to eat his children so none could grow up and challenge him. We need the new generation to rise up and unseat the Old -- but our Old Generation will not do this without a fight. Where are those Olympians led by Zeus-Jupiter when we need them. Yes, they will be born in 2019.

    They will take the world by storm in 2028. And they will be assassinated by the Dark Lord again in 2037.

    THE EVER SELF-RENEWING DIVINE ENERGY RISES AT THE EASTERTIDE OF THE COSMOS.

    The Eastertide of the Cosmos will be 2028.

    Best fortune in a grave world.

    MJC, CGTS

    Jul 07 7:04 PM | Link | Comment!
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