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(twitter.com/luckyblogs) A flock of flying pigs an impossible feat and yet swine flu. US national security knows who the terrorist are and why they did it. bong
Whitehouse on dollar and bond crash watch.
we published several years ago an opinion that trade should be balanced, balanced precisely. the screams and hollars are played out by europeans, chinese, japanese, indian, et al lobbyist on synthesizers that would drown out even woodstock. you sell a million dollars of goods to us and we sell a million dollars of goods to you. that's a level playing field otherwise square up by tarriffs only.
JUST NE THING
current gold (one ounce gold coin) / dow ratio (DJIA)
(10-20-08) the price of an ounce of gold ($796 oz) is currently equal to 8.6% of the dow industrials (9,265) . the average person should consider this ratio much like a barometer reading of a pending financial storm. we are currently at the fringes which you already see and the media can not hide. should the gold dow ratio reach 10% all out financial devastation will begin...the things one does to prepare for a hurricane are exactly the same things that should be done for a further rise in the price of gold and or a continued drop in the stock market. there is one exception; your cash is currently not as good as money since the federal reserve is hell bent on debasing the us dollar.
United States After The Storm
america will become a failed state and the breakup of the various states will begin. life will be much like what the russians experienced after the collapse of the soviet union. search engine keywords a few years after the collapse child pornography and russia brides point out the despair of the country. the average lifespan will plummet to age 58 caused by crime, tainted black market foods and alchohol. healthcare will be almost nonexistent. and so it goes...
The stock market bottom will be in place when an ounce of gold will be equal to the DJIA dow jones industrial average. This Gold Ounce 1:1 with the Dow has happened twice before when major corrections are required whereby all the fraudulent "paper fluff" is purged and the markets are brought back to reality...The interesting question is what will the price of gold be when all this takes place... a 90% major depression style correction would take the Dow below 2,000 with a reciprocal $2,000 ounce of gold. Certainly the global financial markets await for this to happen as it has been reported that gold coins are scare. This has never happened before not even during the 1970's gold surge.
There Is No Solution And A Global Financial Meltdown Is Required
DJIA - 3,500 / GOLD OZ $3,500
(blog posted on activerain.com (nov 5 2008)
Obama - US Treasuries 5 Cents On The Dollar
President Elect Obama has already told you that he plans a United States default. Joe the plumber has already told you that Obama will declare a US default. "Capitalism is dead, long live capitalism. Actually a US default is absolutely necessary before "A Spring" is to begin again. During the election the spin was that Obama would tax the rich and spread the wealth to the poor middle class. That was spin because you can not raise taxes in a depression you can only confiscate wealth the bulk of which now is in US debt instruments. Plans are now under way in Europe and Asia to prepare for the US Default. Those in US debt instruments can expect a total loss - 5 cents on the dollar. You will be able to see the United States default play out...Watch the Dow Jones Industrial Average and the price of gold approach each other. The US bankrupcy should occur when the DJIA = 3,500 and GOLD OZ = $3,500