bowman711

Sell Off Ahead? 25 Ways to Profit and Protect from a Stock Market Correction

Is it possible that this over extended market rally is being kept alive by the 'bailout' money . . . that isn't being lent to businesses and consumers?

The Worst Is Likely Behind Us

. . . oops, I mistyped 52% when I meant 62% above . . .

The Worst Is Likely Behind Us

It would seem to me that when businesses start to see the end of a downturn they would decide to order new materials with which to manufacture their products. Therefore, it would seem at raw materials, known as 'commodities' would have to be mined and then shipped to those who produce steel, aluminum, and other products used in various manufacturing material processes. I haven't seen an upturn in either commodities or in ocean shipping of raw materials.

Therefore, the rally at the end of October to 38% of the October drop (in the DOW) looks more like a bear market rally than a turnaround. [Those of you who know or use fibonacci know that 38% is the first critical level to be met. (After that comes 50% and then 52% retracement.)] We'll probably see this week if 38% holds, which would give a bit more, but not complete, hope that the bottom is in. I believe we will test the bottom again before finding a final bottom. If the mid October bottom doesn't hold, forming a double bottom, then it is almost certainly probable the DOW will have to find another low in the mid to low 7,000s.

Economic Outlook: Is It Safe?

The quotes would be more useful if they included a date. Were they made on October 12 . . . . or, say, October 2? I can't tell if they are talking about (forecasting) what happened last week, or what is about to happen in the next week.

Stocks, Gold, and the U.S. Dollar

It looks to me like 'the bullion bank boyz' are really at it again; gold, after drifting down in London subsequent to reaching a Hong Kong high of $933.60, then gold started dropping like a rock as soon as NYMEX opened. It doesn't make human nature or economic sense that investors are fleeing into dollars that are being inflated into oblivion. With gold going virtually nowhere during a 22% crash of the DOW this week, the only thing I can think of is that 'the Select,' those behind 'the boyz' at the bullion banks, are planning to default on U. S. dollar debts (or something of similar magnitude) which would result in a complete breakdown of the monetary system, leaving those holding dollars with virtually nothing. I would not be surprised to see that sometime between the election and the inauguration in January.

I learned today that the major countries are talking about suspending all equity trading for however long it takes for them to develop new 'trading rules.' It would take just such an international meeting for the current monetary system to be replaced with something else. Something absolutely stunning will cause people to try to get out of their dollars, euros, pounds, yens, etc., leaving them worthless.

It looks like 'the Select' are driving as many people out of gold (and silver) as possible, which they are buying at fire sale prices. No matter what form the new currencies take, they will sooner or later have a price in gold. Then, they can convert to the new money and buy up the stock market at salvage, fire sale prices.

Right now, I'd say that it is absolutely essential for one to have their house (& cottage) completely paid off so they own it outright. In fact, later today, I am going to call my county to see if I can even pre-pay my property taxes for the next couple of years. [During the Great Depression, most people lost their homes to tax delinquencies.] Then, I'd get everything else you can into gold or silver. Best would be the actual gold coins or bullion, but that is virtually impossible to find now, so the next best is to get the gold and silver ETF.

Any group evil enough to crash the monetary system, and steal the wealth of virtually everyone in society, is evil enough to outlaw gold for anyone except 'the Select,' but I can see no other option but to try to survive with the only store of monetary value that could be counted on for the last six thousand years.

I see a situation that is unprecedented in its seriousness - and in its evil. I can't think of any other scenario to explain why gold would go down during a financial panic, can you?

Market Safe Havens Rapidly Dwindling

(cont.)
The only reason for the CFTC to announce such an investigation is because it is a total sham, and both they and the bullion banks know it. The announcement has nothing to do with starting an investigation - it is to quiet those who are lobbying for one.

Market Safe Havens Rapidly Dwindling

Talk about illegal actions by the government -

The two-day chart below for GLD simply does not make any economic sense. So much so that I am now thinking that the bullion banks must be simply shorting gold and silver (and to a great extent, oil) and once they get the money for the sale they destroy any evidence of it. And, it's done with the fill knowledge and abetment of the various G7 governments for the specific purpose of destroying any remnant of belief in gold as money.

The time to buy insurance is before the fire, not when the house is burning down. The time to buy gold is in the uncertain times before the crash, not during or after it. In the last six months, as the economy has by all account become more uncertain, gold should have been able to break through any 'honest' naked shorting of gold. Certainly, yesterday should have sent gold up 25%. And today gold is down lower that it started yesterday? Silver went lower during the biggest stock crisis in 21 years, and today is far, far lower? Give me a break.
I think the numbers faithfully reported by exchanges are a complete fraud. Why would a group of crooks, especially at the behest of governments, illegally naked short gold and silver suddenly get a streak of honesty and report honest figures? This fraud against precious metals has to be far more cunning and widespread than I've seen Ted Butler or GATA (or anyone) express.

I just read Ted Butler's latest article ( news.silverseek.com/Te... ), and it reinforces my suspicion expressed in my previous e-mail that these bullion banks are shorting gold and silver by direction from the government, so they have no fear of any 'investigation' by the CFTC or anyone. Or, maybe they don't read the Wall Street Journal?

Why on earth, if they learned that the regulatory agency was going to do a 'criminal investigation' on precious metal manipulation by the CFTC Division of Enforcement, would they intensify driving silver down . . . unless they knew that any investigation was a complete sham?

The Calm Before the Storm?

The probability is that there will be some kind of bailout by Monday or some hopeful promise of one soon thereafter. The problem is that any bailout won't solve the problem; it will just put off the day of reckoning. The question is, for how long? Years? Months? Weeks?

Curing the Credit Crisis: A Better Alternative Plan

'Who do YOU want as our next President ???' -- Ronald Reagan II

Curing the Credit Crisis: A Better Alternative Plan

It seems to me that if all this 'toxic debt' is due to house loans that are in or near default, a government entity much like that for guaranteeing student loans should be set up for home loans. Then, those in foreclosure would be taken over by the Government, which would continue to make the guaranteed monthly payments to the lenders. Finally, slowly enough to not depress the housing market, the Government could sell off the foreclosed houses to recoup it money.

If all the instruments created from these home loans are honestly priced, the financial institutions holding them should have no reason to fail. Of course, if they are not honestly priced, and if they are highly over-leveraged, then guaranteeing the home loans would not provide 'cover' for that. And, those financial institutions making such foolish investments would and deserve to fail. New financial institutions would surely be formed, ones that operate on sound economic principles. So, the whole episode would work the way economics is supposed to work, weeding out the bad banks and investments banks, and creating new, sound banks in their place.

A Tale of Three Markets

Correction: 'For months, a pipeline in Nigeria is bombed by terrorists and the price of oil just $4-5 a barrel.'

should read: 'For months, a pipeline in Nigeria is bombed by terrorists and the price of oil increases $4-5 a barrel.'

A Tale of Three Markets

For months, a pipeline in Nigeria is bombed by terrorists and the price of oil just $4-5 a barrel.

Russia invades a West-oriented country, takes control of a pipeline that supplies something like 20% of Europe's oil, threatens to cut off that oil (and that of their own pipeline that supplies another substantial portion of Europe's oil), threatens any British or American naval ships that enter the Black sea and the price of oil drops some $7+.

Also, saying that the dollar is getting stronger makes about as much sense as saying that the value of your house is going higher because your neighbor's house is falling into more and more disrepair. The dollar isn't going up; it just isn't 'falling into disrepair' as fast as the Euro and some other currencies are.

Something doesn't compute here.

Global Price Increases Offer Several Investing Solutions for Inflation

I should have added that in the last reporting week, every single open interst long position in gold was matched by a naked short.

Global Price Increases Offer Several Investing Solutions for Inflation

Given the blatant naked shorting of gold (engineering a $30 drop yesterday morning; three $20 drops in three days last week), how can gold be insurance against anything? There is a reason gold isn't $1,000, much less $2,000, and it isn't economics.

Hot Commodities! The Only Game Left in Town

Is there a TSX Venture ETF? That would probably be the easiest way for Americans to invest in these Canadian companies exploring for and developing deposits of gold and silver, oil and gas, nickel and copper and zinc.