I have written a long April, A long May, and now this; there will not be another in the series. Even if July begins and it looks to me July will not see the break I have anticipated since late March, I will not undo the triliogy. There are a few reasons why I have written that the break will happen in July.
The first is the European debt roll in July. I haven't seen the numbers lately, but I know that almost all major European States have to roll an amazing large amount of debt next month. I think it is almost all of them; there may be one that doesn't.
The debt roll is the largest ever for the span of one month for Europe. The next issue is the chart, which is something that guys like Turd Ferguson have been made famous for. So if you want this guy's opinion (me), then look at the chart, and tell me we are not poised for a breakout in July.
Part of me wants to post charts where I draw lines through them, but another wants you to draw your own lines, while I tell you what I see. This is what I have done on this blog for over a year, and this is what I will continue to do. So, look at a chart of gold over the last year. Look for the inverse head and shoulders formation it has made. Consider that the left shoulder can run longer (time) and lower (price). I will remind you we saw, or are in, the shadow, and tell me that we will not see a breakout soon. July? August? Fine - time is hard to figure, but knowing the European debt roll is the largest ever in July, I think next month will be the month that precious metals explode, and that we likely see the largest move in all markets ever.
One more thing, since I am learned when it comes to the occult. The Bohemians, those that meet in the redwood grove in Northern California during July, have a line from their ceremony "The Cremation of Care" the refer to their place as being, "Safe in their grove". This could seem mundane, as they are in nature, away from the hustle and bustle of daily life, yet I think there is something else meant. As I do believe there is a plan from the 'elite', the self named 'Illuminatti', I think that they will be in their sacred place when the shit hits the fan. I have said that I think there could be another year before the Fiat Ponzi crashes, but as things are speeing up, it could be this July that we see a collapse of finance.
Monday, June 11, 2012
Sunday, June 10, 2012
For a Few Trillion More
"So what? If rates raise then the deficit will increase $100B.... A few trillion dollars here, a few trillion there, so what?"
The above is two direct quotes combined. He made the statement after he was asked what happens after rates rise. This is a great example of economics today. So what if we owe a few trillion dollars more in the future? So what if the price of gold goes up. So what?
This is indicative of an economist. In fact I had the same conversation with an economic professor 2 years ago. I was discussing monetry policy as dictated by her, and by Keynes, and every economic professor who taught at the University. I said gold would go up if we issued debt at no interest. She said, "So what?" I said that gold directly trading in a 1:1 ratio with oil, because oil trades with other resources inverse the dollar. She said, "So what?" I said that high oil prices decrease GDP and that it would increase the price fo food, further decreasing GDP. She sat stone cold for one minute and I am not exagerating. She sat there for one minute. Finally she said she didn't know how to respond.
So we know that these economists, these Drs. of science, haven't thought it all the way through. The are not away of the consequences. This is because there has never been a time when American could not repay its debt. In 1970 it got close, but because Nixon closed the gold window, the debt could be repaid in fiat.
Yet now it is a different time. One where GDP is edging closer to 0%. This will be a turning point, and no amount of fiat can save it.
The above is two direct quotes combined. He made the statement after he was asked what happens after rates rise. This is a great example of economics today. So what if we owe a few trillion dollars more in the future? So what if the price of gold goes up. So what?
This is indicative of an economist. In fact I had the same conversation with an economic professor 2 years ago. I was discussing monetry policy as dictated by her, and by Keynes, and every economic professor who taught at the University. I said gold would go up if we issued debt at no interest. She said, "So what?" I said that gold directly trading in a 1:1 ratio with oil, because oil trades with other resources inverse the dollar. She said, "So what?" I said that high oil prices decrease GDP and that it would increase the price fo food, further decreasing GDP. She sat stone cold for one minute and I am not exagerating. She sat there for one minute. Finally she said she didn't know how to respond.
So we know that these economists, these Drs. of science, haven't thought it all the way through. The are not away of the consequences. This is because there has never been a time when American could not repay its debt. In 1970 it got close, but because Nixon closed the gold window, the debt could be repaid in fiat.
Yet now it is a different time. One where GDP is edging closer to 0%. This will be a turning point, and no amount of fiat can save it.
Saturday, June 2, 2012
The Silver Movement
It began because I had just read The Wizard of Oz and realized the allegories: The Green Hot air balloon was the dollar, and how the Central Bnks will inflate away their problems; the path of gold was walked on silver slippers. And that was it. I realized that the wizards were going to fly away by their fiat greenback, while the people, if they thought to, could walk the yellow brick road in silver slippers and make it home.
That was February of '10 that I began to write 'Buy Silver'. And the exact reason was that I thought if the system would fail like I thought, then gold may be confiscated, but not silver, and silver defines the term 'money' just as gold, therefore we the people would be best off buying silver. This is exactly what Gerald Celente has said he is doing as of a few months ago.
Then I began to learn about finance and how the exchanges work. I was reading Zero Hedge and listening to Max Keiser everyday. As a silver bull, I already knew that by buying it we could take back the money supply, but then I learned about naked shorts, and shorting in general; then I learned that JPM was naked short silver. I had already learned about supply and demand as a student at a major university studying economics, and knew how the price action moved. That was when I came up with the 'Buy Silver - Crash JPM' Movement.
Buying silver puts sound money in the peoples pockets; score one for the people. Then because JPM and other Major Banking Houses are short silver, and naked, then they would need to come up with the collateral if their shorts were blown out; they would need to deliver the bullion. So if there was no bullion to deliver, it would put a squeeze on the price like none other.
At the same time, industrial demand is high, and supply may be falling. Everything is in favor for a squeeze on price. This is why it is very possible that if we move on the bullion we could squeeze JPM out of their short positions, and thus crash their balance sheet. Yet it doesn't end there, it only begins.
In November of '10 Keiser decided to use the Buy Silver Movement. Interviewed on the Alex Jones Show he admitted he had heard about the Movement from Mike Krieger who said it had been started 'On Zero Hedge'. Keiser may have had his ego put in a boot since then though, as he often refers to it as 'his idea'. His idea is simplistic though, as the movement never ended with just crashing JPM. No, it ended with crashing the dollar, and I will now explain the final way that buying silver would end the Fiat Ponzi as we know it.
Everyone knows the dollar is the reserve currency, and that it is also known as the petrodollar as it trades in an inverse relationship with oil (as it trades for oil), which is known as the lifeblood of the economy. Oil trades at a one to one relationship with silver; the prices move together on a long term chart. Historically the ratio it trades at is 3:1 for an ounce to a barrel. So now we have established the Aristolian logic that the dollar trades inversely with silver. Therefore, if the price of silver rises, then the dollar falls.
This fall of the dollar would destabolize the Military Industrial Complex, because the MIC does not have anything that backs it besides the dollar. It has technolgy, but that technology needs upkeep. It has personel, but that takes wages. It needs oil, and the US government does not have enough oil to provide transport and the military it currently has. It relies on the reserve currency status.
If the dollar failed, it would end the fascist United States government. And, and at the same time, the people of the world would have put something of value in their pocket: MONEY. Silver is money because the definition of money, besides being fungible and a medium of exchange, is that it must maintain its value. Value as in price can fluctuate, but value in terms of its intrinsic value means it keeps its complexity. Precious metal has a half life of 500,000 years. It has the longest half life of anything. Then we can discusss finite supply, and its technological value, but this does not make it money. It is money because it keeps its molecular structure.
This crashing of the Banking Houses, and of the dollar and thus the Military Industrial Complex, and putting money in the pocket of the people, is the movement. Some of this was lost along the way. It will be important for us, those that understand the movement, to put it back in perspective, so we can have our movement realized, so we can take our money back, and thus take our rights back.
That was February of '10 that I began to write 'Buy Silver'. And the exact reason was that I thought if the system would fail like I thought, then gold may be confiscated, but not silver, and silver defines the term 'money' just as gold, therefore we the people would be best off buying silver. This is exactly what Gerald Celente has said he is doing as of a few months ago.
Then I began to learn about finance and how the exchanges work. I was reading Zero Hedge and listening to Max Keiser everyday. As a silver bull, I already knew that by buying it we could take back the money supply, but then I learned about naked shorts, and shorting in general; then I learned that JPM was naked short silver. I had already learned about supply and demand as a student at a major university studying economics, and knew how the price action moved. That was when I came up with the 'Buy Silver - Crash JPM' Movement.
Buying silver puts sound money in the peoples pockets; score one for the people. Then because JPM and other Major Banking Houses are short silver, and naked, then they would need to come up with the collateral if their shorts were blown out; they would need to deliver the bullion. So if there was no bullion to deliver, it would put a squeeze on the price like none other.
At the same time, industrial demand is high, and supply may be falling. Everything is in favor for a squeeze on price. This is why it is very possible that if we move on the bullion we could squeeze JPM out of their short positions, and thus crash their balance sheet. Yet it doesn't end there, it only begins.
In November of '10 Keiser decided to use the Buy Silver Movement. Interviewed on the Alex Jones Show he admitted he had heard about the Movement from Mike Krieger who said it had been started 'On Zero Hedge'. Keiser may have had his ego put in a boot since then though, as he often refers to it as 'his idea'. His idea is simplistic though, as the movement never ended with just crashing JPM. No, it ended with crashing the dollar, and I will now explain the final way that buying silver would end the Fiat Ponzi as we know it.
Everyone knows the dollar is the reserve currency, and that it is also known as the petrodollar as it trades in an inverse relationship with oil (as it trades for oil), which is known as the lifeblood of the economy. Oil trades at a one to one relationship with silver; the prices move together on a long term chart. Historically the ratio it trades at is 3:1 for an ounce to a barrel. So now we have established the Aristolian logic that the dollar trades inversely with silver. Therefore, if the price of silver rises, then the dollar falls.
This fall of the dollar would destabolize the Military Industrial Complex, because the MIC does not have anything that backs it besides the dollar. It has technolgy, but that technology needs upkeep. It has personel, but that takes wages. It needs oil, and the US government does not have enough oil to provide transport and the military it currently has. It relies on the reserve currency status.
If the dollar failed, it would end the fascist United States government. And, and at the same time, the people of the world would have put something of value in their pocket: MONEY. Silver is money because the definition of money, besides being fungible and a medium of exchange, is that it must maintain its value. Value as in price can fluctuate, but value in terms of its intrinsic value means it keeps its complexity. Precious metal has a half life of 500,000 years. It has the longest half life of anything. Then we can discusss finite supply, and its technological value, but this does not make it money. It is money because it keeps its molecular structure.
This crashing of the Banking Houses, and of the dollar and thus the Military Industrial Complex, and putting money in the pocket of the people, is the movement. Some of this was lost along the way. It will be important for us, those that understand the movement, to put it back in perspective, so we can have our movement realized, so we can take our money back, and thus take our rights back.
Subscribe to:
Posts (Atom)