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New World Order Title: On The Road to Perdition: Part Two Perdition is defined as utter loss or ruin… the loss of the very soul; being banned to hell and damnation by deliberately throwing it all away on a furious path of self-made destruction. Politicians, central bankers, and Big Boy private bankers are at the oblivious end of their golden road of bond-binges and currency printing. All that remains is the final act of this decade long tragic comedy as these folks march down their trail to self-made economic doom. This will not be the end of the world, but it sure could be the end of some national budgets and currencies, and a worsening unrecognized global depression, resulting in a new world war to produce a jobs program designed to escape this mess. These banksters know how it ends and so do most of the smart folks on the street. However, as they struggle to keep this game in play, the unraveling results of their nefarious schemes are viciously slamming the little people: those consumers on the streets. This is a latter stage signal. A road ending lies ahead with a leap off of one very high economic cliff. From taxpayer largesse and beaten-down shareholders these psychopaths enjoy generous perks, magnificent salaries, limousines and first class accommodations for travel. They attend useless, endless and meaningless meetings. These confabs and conferences are designed to further the pretense that they really do have a purpose in this world which, in reality, they do not. It’s all just a major league corruption game to keep the pestilence of wholesale fraud permanently embedded into the economic system. This is an underhanded plot of intrigue deliberately designed to be used as a political and business agenda in a never-ending scheme of robbery conducted on a scale never before seen in history. However, it is coming to a hard close and a very bad ending sooner rather than later. This time these boys and girls out-tuliped Tulip-Mania and out-bubbled John Law’s infamous South Seas Bubble. This baby is the mother of all scams: el Enchilada Grande of global crime… and it’s all out in the open for the whole world to see. It’s the perfect unstoppable crime as the street majority enjoys the receipt of gratuitous payoffs one way or the other in return for votes for clowns and crooks. The scam works like this: Taxpayer funds are ripped off from hard –working folks to fund the game in an extravagant orgy of endless prolific spending. Those funds are in turn scattered among the herd for freebie handouts. As long as the useless idiots have cable TV and lots of free stuff to fund their pathetic existences, they vote for their Sugar Man, popularly known as Uncle Sam. And he, of course, controls the funds: who gets paid what and who receives certain favors. Big money corporations and fat cats donate heavily to politicians, buying influence and tax breaks. The Congress does not do its job and they only vote as they are told by lobbyists (who, in fact, write the House and Senate bills for these elected idiots who are doing the actual voting). This is a circle jerk of “pass the cake” and “steal the money” and those who take the first slice enjoy the largest payoff amounts. Cash Savers and Economic Conservatives in Germany Are Under Attack Germany has a very long history of thrift, hard work and production of manufactured products shipped all over the world. Since their banks did not engage in toxic housing loans and derivatives and other kinds of very risky loans placed by other international banks, they are ranked number one in the Euro- land membership. Both the German national government and the citizens of Germany are currently the most economically sound in Europe. As a result of this positive condition, Germany, as a member of Euro-land is a cash grab target and is looked upon to be the beneficial savior for all their non-saving and wasteful neighbors who are primarily located in southern Europe (where those economies are a massive wreck). German citizens, in response to these shrill howls, are saying “Nein!” They are just plain tired of being the paymaster for those who spend like drunks and assiduously avoid work. Euro-land central bankers, the IMF, the World Bank and numerous others with banking and political influence are piling on the pressure for Germany to reach out and save their collective neighbors to prevent a crashing failure of the grand Euro-land experiment. That stupid idea was destined to crash and burn from its inception. In our view, why should hard working Germans pay the vigorish, the “interest juice” to a bunch of crooked bankers who made bad loans? Those lenders thought those loans were bullet proof since the respective national governments were standing behind them. Guess what? Those TBTF (too big to fail) governments standing behind the loans are insolvent. They can no longer sell their crappy smoke-and- mirror bond paper! The game is up and D-Day or debt day is nigh. We say, let ‘em all go broke and start over, writing off trillions in paper bonds, notes, bills and currencies. They will never get paid anyway; they just want the game to stay in play to continue their free and glorious ride to a bankers’ land of plenty. We say, let’s do an “Iceland”. We can write it all off and stiff the banksters! What would they do, sue the national governments? More likely the governments will be suing them for fraud. Combining a wide group of nations with vastly differing economic conditions seemed to be a no- brainer failure to us back in 2003. With 17 countries involved and all of those different languages and cultural differences, how could it be possible to make everyone equal, particularly on the economic front? As we write this essay on June 25th, 2012, most markets are oversold and readying to base and rise. However, during the last trading week of June 25th-30th, we expect further volatility and disruptions before things settle down and begin to trend enough for reasonable trading and investments. Expect more hard markets’ selling that could arrive next week, producing double bottoms on many charts before new rallies. Be aware and be alert. We expect gold bullion to retrace its price from its current low back to $1,736.50 (as a minimum) in the third quarter of 2012. There should be much wider volatility in the markets in the fourth quarter of 2012 based upon the United States national election, related political lawsuits and media coverage, as well as normal technical and calendar cycles. Gold investors of all stripes (including futures traders, shares traders, shares investors and options traders) need to understand we could see what we would call “normal” wider trading ranges with increased volatility. This trading range expansion will continue until a crazy high top is finally posted for precious metals. We should have numerous normal events and non-standard political/economic disruptions imposed over the regular technical and annual trading calendar. This produces markets more difficult to trade as to trend, timing and routine logic. It is incumbent upon us all to find the best of the best and to clearly understand exit strategy before installing a new trade or investment. Those managing risk will be ultimate winners in this convoluted and erratic trading environment. We think solid producing companies that are able to self-finance, as they move forward in this market place, will do better than those that are under-funded and must sell more equity to continue operations. The higher quality junior exploration and discovery companies that have two to three years of cash in the till and who own a quality property that sits next door to a senior miner who’s hungry for new resources, should find themselves in a good spot for 2012 and 2013. Our highest predicted gold price forecast for 2012 could land in the last quarter matching the previous high of $1,923.00. There is a potential for a trading overshoot to $2,000.00 resistance. In 2013 gold might touch $2,250.00 to $2,450.00. Silver prices have been depressed but could rise to our 2012 forecast of $38.48 this year with an overshoot potential to $44.48 to $48.48 in September. Our dilemma in forecasting higher prices is the inability to plan for unknown fall election influences. Added to that, the potential global stock market crash that is expected September 23rd-25th, 2012, the messy negative press and acrimony falling out of the election season and credit trauma in Europe gives us a magnificent market disarray to untangle. We think “can kicking time” is about over for Europe (especially for Greece and Spain). Either some of these broken nations drop out of Euro-land or the entire global bond system goes broke; and in that case, it wouldn’t matter much which way it goes. We are entering three very market-sensitive time cycles. Those would be June 25th-29th, the latter half of July and September 23rd-25th. With the election on November 6th all market controllers and politicians will be working hard to keep everything related to markets in play and positive as much as possible. If they fail, we think failure will occur on the above September dates. If the markets stay together through November 6th, we could see follow-on selling after the voting or after the December holidays. Read Adam Fergusson’s book entitled When Money Dies to discover what happened in the Weimar hyper-inflation and what happened to Austria’s 400 member parliament in 1918-1920. If you thought Germany was slammed, read that book and learn how Austria was in even worse condition as the country went totally insolvent and then was put up for sale to the highest bidder. We would strongly suggest reading this book to the naughty crowd discussed above. There is not going to be a pretty ending for this government banker sector known as Bankster Land. The advice we can offer is to expect nothing from these situations and hope for the best. Take care of family and friends, invest in hard assets and daily necessities and soundly cut back your standard of living. We all have things we could do without and would probably be the better for it. Be careful out there. Control risk first, but work at enjoying the simpler things in life. More than ever, it is important to take immediate necessary precautions to protect yourself and your family and friends. Traders and investors should be buying precious metals and select shares right now. In our newsletter we have a great list of trading and investing ideas for you. Meanwhile you can never go wrong buying physical precious metals and holding them for security. We’ve had a constant run of nearly 12 years with gold rising +15% per year or more, so this remains a good trade. In the last 12 months, gold rallied over 34% and is going even faster. As outstanding as those numbers are, silver could be doing even better. Inflation-adjusted gold should be about $2,350.00. For now, charts are telling us the final top is nowhere near. It’s not going to stop anytime soon. In fact, we predict those annual percentages will rise even more. This offers a chance, arriving only once in 25 years on the historical commodities cycles. Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: All (#0)
. ALL libTURDS should SELL any and all of the PM group they own now. Afterall, they are "barbaric relics", right? Money, mouth. DOUBLE up.
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
Good read.
. Thanks, I thought so also.
Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.
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