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The Elites Have Lost The Right to Rule PDF Print E-mail
Written by Steve Meyers   
Sunday, 29 August 2010 14:03

Ben absolutely wants to do a massive QE2 program. The only thing holding him back is gold is near an all time high. What he wants is gold much lower and stocks much lower to give him cover... He is scared to do it here and he is right to be scared because such a reaction would be the end of the Fed right then and there. The Fed will be gone anyway within a few years in my opinion but it’s going to fight hard to survive and if you want to make money in this market you need to understand that. The most powerful institution in the world is fighting for its survival. Never forget that. So what is he going to do? I believe that the Fed and government are doing a lot more than people think to manipulate all markets behind the scenes. After all, they have publicly announced their manipulation in many other ways so does it make any sense whatsoever to assume they aren’t doing a plethora of other things behind the scenes? Of course not. I think that with the Fed in a bind they will accelerate and become ever more aggressive in behind the scenes games. This will make markets even more volatile and extraordinarily challenging. This is financial war make no mistake about it. The only way in my opinion to survive this is to buy all dips in precious metals, agriculture and oil. It is in these three areas that I expect to see the most price inflation as money eventually figures out the end game. The end game is more and more people will eventually wake up to the fact that the markets are a hologram put in front of you by the magicians at the Fed. That what constitutes real wealth in the years ahead will be owning food, energy and a means of exchange that will be accepted should a black market economy arise as it has in virtually all nations at one time or another throughout history. - Michael Krieger

 

From Michael Krieger of KAM LP

War is the growth hormone of the cancer that is big government. 

- Alex Jones


A government always finds itself obliged to resort to inflationary measures when it cannot negotiate loans and dare not levy taxes, because it has reason to fear that it will forfeit approval of the policy it is following if it reveals too soon the financial and general economic consequences of that policy. Thus inflation becomes the most important psychological resource of any economic policy whose consequences have to be concealed; and so in this sense it can be called an instrument of unpopular, that is, of antidemocratic policy, since by misleading public opinion it makes possible the continued existence of a system of government that would have no hope of the consent of the people if the circumstances were clearly laid before them. That is the political function of inflation. When governments do not think it necessary to accommodate their expenditure and arrogate to themselves the right of making up the deficit by issuing notes, their ideology is merely a disguised absolutism.

- Ludwig von Mises

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Mars  - For MON SP500 daytrader |2010-08-29 23:26:09
TIAP Model signals likelihood for lower closes MON for: SP500, McClellanOsc, and NYSE Adv/Decl
Among the leveraged ETF's tracked, signals for likely higher closes MON are: SDS, BGZ, SRS, SKF

Misc. News:
1) end of month/first of month positive seasonality in effect 8-31 to 9-7
2) another POMO FED day = SEP 1
3) McHugh Phi Mate turn date = SEP 2
4) Bradley Model turn date = SEP 11
5) SP500 PivotProjectionModel = SEP 2

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Last Updated on Sunday, 29 August 2010 14:39
 

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