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August 30, 2013
A closing today below 14806 in the Dow Jones Industrials will warn that we should see lower lows in September. The important support lies at 14450. A closing beneath this level will warn of a more dramatic decline of a serious nature. In Gold, we need a closing above 1425 to signal a […]
August 30, 2013
Sources directly from Capitol Hill revealed that three separate letters were sent to Obama from members of Congress warning him not to take action on Syria before they return. That has been the whole point. Obama faces a debt ceiling battle in September and the Treasury runs out of money in October. John Boehner is […]
August 29, 2013
The reach of the NSA is simply unbelievable. The NSA has access to the booking system of Lufthansa. The American security authorities may intervene directly in the booking system of Lufthansa of course on the pretense of terrorists who probably announce their plans on Facebook, are using Windows 8 laptops, search via Google, and check financial […]
August 29, 2013
The most important aspect to understand about BULL MARKETS is the proper definition – for a bull market to occur, the item must rise in terms of ALL currencies otherwise it is merely adjusting for local conditions. Illustrated above is gold expressed in a basket of currencies and dollars. While everyone was so bullish […]
August 29, 2013
Obama is not finding it as easy to start a war as Dick Cheney via his patsy George Bush, Jr. Three letters were delivered from Congress to Obama. They informed him that he should not go to war with Syria before Congress returns. Obama tried to skirt that issue of not consulting Congress by just […]
August 28, 2013
The decision to go into Syria has been in the works. Europe and the USA need a war to divert everyone from the economic crisis that is looming. According to the British newspaper the Telegraph, Saudi Arabia’s Bandar threatened Putin with Olympic terror if he backed Syria. These people are really messing with the wrong guy. […]
August 28, 2013
Gold has rallied up to the key resistance level. We now need a weekly closing above the 1423 level before we go further on any sustained basis. The Daily Bullish Reversals are 144500, 146200, and 147730. The Daily Bearish now lies at 135400 so watch that level below. We should have had a temporary high […]
August 28, 2013
The NSA even bugged the United Nations in addition to the European Parliament. I suppose al qaeda had infiltrated the UN headquarters and they probably must be listing themselves and the careers on Facebook. And now we must go to war. If the China gassed people, would we invade China? We are the bully in the […]
August 27, 2013
The US share market should have bottomed Friday/Monday. Instead, we inverted and made a meager high. This is not good at all. This warns we may see a test of the bottom of that channel next week or as late as the week of October 7th. Everything is indicating Obama may start a war attacking […]