Timing & trends

Why Tech Is Far & Large The Biggest Thing This Millennium – Lehman, EU Crisis Included

DSC 8980I can, without a shadow of a doubt, declare that the technology paradigm shift whose precipice we now teeter, is by far and large the most significant event of the last 8 years. Now, considering the events of the last 8 years, that’s saying an awful lot. So what makes this event so much more important than the event of the last 13 years?

It’s the advent of truly usable Contextual Computing!

The prospects for this tech are outrageous. I have already started putting my mind into intense problem solving mode, and the medical, real estate and hospitality industries are on tap to witness some dramatic changes in the way business is done. 

….read & view it all HERE 

Trying to Stay Sane in an Insane World

We are witnessing the beginning stages of political collapse. The government and its leaders are being discredited on a daily basis. The mismanagement of fiscal policy, foreign policy and domestic policy, along with the revelations of the NSA conducting mass surveillance against all Americans has led critical thinking Americans to question the legitimacy of the politicians running the show on behalf of the bankers, corporations and arms dealers. The Gestapo like tactics used by the government in Boston was an early warning sign of what is to come. Government entitlement promises will vaporize, as they did in Detroit, with pension promises worth only ten cents on the dollar.

Total social and cultural collapse could resemble the chaotic civil war scenarios playing out in Libya and Syria. The best case scenario would be for a collapse similar to the Soviet Union’s relatively peaceful disintegration into impotent republics. I don’t believe we’ll be this fortunate.

The most powerful military empire in world history will not fade away.

It will go out in a blaze of glory with a currency collapse, hyper-inflation, and war on a grand scale.

My best estimate as to what happens next is in this final installment can be read HERE in TRYING TO STAY SANE IN AN INSANE WORLD – AT WORLD’S END 

In the first three parts (Part 1Part 2Part 3 below the GDP Chart ) of this disheartening look back at a century of central banking, income taxing, military warring, energy depleting and political corrupting, I made a case for why we are in the midst of a financial, commercial, political, social and cultural collapse.

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TRYING TO STAY SANE IN AN INSANE WORLD – PART 1

 

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“I mean—hell, I been surprised how sane you guys all are. As near as I can tell you’re not any crazier than the average asshole on the street.” – R.P. McMurphy – One Flew Over the Cuckoo’s Nest

“Years ago, it meant something to be crazy. Now everyone’s crazy.” – Charles Manson

“In America, the criminally insane rule and the rest of us, or the vast majority of the rest of us, either do not care, do not know, or are distracted and properly brainwashed into acquiescence.” – Kurt Nimmo

I have to admit to being baffled by the aptitude of the Wall Street and K Street financial elite to keep their Ponzi scheme growing. I consider myself to be a rational, sane human being who understands math and bases his assessments upon facts and a sensible appraisal of the relevant information obtained from trustworthy sources.


…..all of Part 1 HERE

TRYING TO STAY SANE IN AN INSANE WORLD – PART 2

 

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In Part 1 of this article I detailed the insane solutions proposed and executed since 2008 by our owners as they attempt to retain and further expand their ill-gotten wealth, acquired through fraud, deceit, swindles, and the brilliant manipulation and exploitation of the masses through Bernaysian propaganda techniques. Madness has engulfed the entire world, with a concentration of power in the hands of a few psychopathic financial elite wielding an inordinate and dangerous expanse of power over the lives of the common man. They are a modern day version of Al Capone, except their weapons of choice aren’t machine guns, but a printing press, peddling debt, creating derivatives of mass destruction, and peddling heaping doses of disinformation. The contemporary criminal class wears Hermes suits, Rolex watches and diamond studded pinky rings, drops $500 to dine at Masa in NYC, travels by chauffeured limo, lives in $10 million NYC penthouse suites, occupies luxurious corner offices in hundred story glass towers, and spends weekends hobnobbing with the other financial elite at their villas in the Hamptons. They have nothing but utter contempt for the lowly peasants who depend upon a weekly paycheck to make ends meet. Why work when you can steal $1 or $2 billion from farmers with no consequences?
 
…..read all of Part 2 HERE
 

TRYING TO STAY SANE IN AN INSANE WORLD – PART 3

 

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In Part 2 I tried to articulate why the country has allowed itself to be brought to the brink of catastrophe. There is no turning back time. The choices we’ve made and avoided making over the last one hundred years are going to come home to roost over the next fifteen years. We are in the midst of a great Crisis that will not be resolved until the mid-2020s. The propagandists supporting the vested interests continue to assure the voluntarily oblivious populace the economy is improving, jobs are plentiful, inflation is under control, and housing is recovering. Bernanke and his band of merry money manipulators, Obama and his gaggle of government apparatchiks, and their mendacious mainstream media mouthpieces have enacted radical measures in the last five years that reek of desperation in their effort to give the appearance of revival to a failing economic system. Stimulating the net worth of bankers and connected corporate cronies through engineered stock market gains has not trickled down to the peasants. Our owners try to convince us it’s raining, but we know they’re pissing down our backs. Our Crisis mood is congealing.

….read all of Part 3 HERE

TRYING TO STAY SANE IN AN INSANE WORLD – AT WORLD’S END

 

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In this final installment I’ll give my best estimate as to what happens next and it has a 100% probability of being wrong. There are so many variables involved that it is impossible to predict the exact path to our world’s end. Many people don’t want to hear about the intractable issues or the true reasons for our predicament. They want easy button solutions. They want someone or something to fix their problems. They pray for a technological miracle to save them from decades of irrational myopic decisions. As the domino-like collapse worsens, the feeble minded populace becomes more susceptible to the false promises of tyrants and psychopaths. There are a myriad of thugs, criminals, and autocrats in positions of power who are willing to exploit any means necessary to retain their wealth, power and control. The revelations of governmental malfeasance, un-Constitutional mass espionage of all citizens, and expansion of the Orwellian welfare/warfare surveillance state, from patriots like Julian Assange, Bradley Manning and Edward Snowden has proven beyond a doubt the corrupt establishment are zealously anxious to discard and stomp on the U.S. Constitution in their desire for authoritarian control over our society.

Anyone who denies we are in the midst of an ongoing Crisis that will lead to a collapse of the system as we know it is either a card carrying member of the corrupt establishment, dependent upon the oligarchs for their living, or just one of the willfully ignorant ostriches who choose to put their heads in the sand and hum the Star Spangled Banner as they choose obliviousness to awareness. Thinking is hard. Feeling and believing a storyline is easy.

….read all of the Final Installment HERE

 

 

Planned Attack Sets Gold Up For Big Move

AND IT BEGINS

As I was afraid would happen, gold suffered an overnight hit that drove it back below the $1350 support zone. The drop occurred in the span of one minute so it’s pretty obvious this was a planned attack with the intent of taking out that support zone in the thin overnight market when there would not be any buyers to defend the against the attack.

(Click Chart for Larger Image)

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This has also broken the intermediate trend line which should take out all the technical traders as few will want to buy a broken trend line.

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At this point I think we need to align our goals with those of the manipulators. This doesn’t mean selling short, but it does mean delaying gratification until the manipulation has accomplished its goal. That goal, I’m almost certain, is to setup the trade of the century. By lowering the starting point before the bubble phase of the bull market begins this manipulation is creating more and more profit potential once it ends and the bubble phase begins.
 
Yes, this entire debacle has stolen a load of money from those depending on freely traded markets. But this is also going to setup the conditions to make back all of those losses and many multiples more during the bubble phase of the bull. Instead of fighting the manipulation we just need to accept that it is happening and why it’s happening. Wait patiently until it’s done, and then get positioned to profit from it right along with the forces that have orchestrated this charade.
 
At this point I doubt we will get a cycle bottom until the FOMC meeting next Wednesday and maybe not until OEX next Friday. The bounce out of the daily cycle low I expect will fail to reclaim that $1350 resistance zone and gold will head back down to test $1179. At that point I think we can safely assume we will see another one of these overnight attacks to break that support. This will probably trigger a waterfall collapse back down to the prior C-wave top around $1030ish.
 
That’s the point where we will back up the truck as that is the logical level for shorts to cover and longs to enter in preparation for a final bottom and the beginning of the bubble phase.
So at this point I’m ready to cheer for the criminals running this scam because I know they are not only setting up the trade of the century for themselves, but I’m planning on taking advantage of it myself. Now we just have to be patient and wait for setup to develop.
 
I signaled an exit into strength last Tuesday and got subscribers out of the way of this attack. We are now sitting on the sidelines waiting for the manipulation to run its course and preparing to enter long once it has.
 
The $10 one week trial subscription is still available for anyone who is interested in trying the nightly premium report. There are still plenty of opportunities in the meantime while we wait for this to run its course.

 

Gold & Oil, Where to Go if the Middle East Explodes!

The Oil Price…if the Middle East Explodes

We preface by saying that this is still a “what if” scenario…

In the unlikely event that a limited strike on the Syrian government’s ability to launch nerve gas on its population through air strikes, rocket attacks or artillery shells has no other effect on the religious war, then we doubt that the impact of such a strike will send shock waves throughout the Middle East.

But, such a strike would weaken the government’s heavy weapons capacities, and so even the battlefield for the Sunni rebels against the Shi’ite government and increase the ferocity and sectarian nature of the war. At some point (as with that first gunshot that started the First World War) sectarian ferocity would infect other nations and bring new destructive tactics to the war on a regional basis.

Questions that then need to be asked are:

Would Shi’ites turn on the oilfields in their area, such as in Saudi Arabia and other West Persian Gulf States and damage production? That alone would send the oil price over $150 or higher as supplies became interrupted and vulnerable. The speed with which Kuwaiti oilfields were repaired gives us a time perspective on how long successful repairs to interrupted oil fields would take. But that would not remove the Shi’ite workers from those regions. The implications are that Saudi as well as U.S. [?] troops would be used to guard those fields, quickly.

Would Iran be emboldened to interfere with the oil passing through the Straits of Hormuz? This seems unlikely for while it is the jugular of Middle Eastern oil, the U.S. has placed its navy so as to prevent that from happening. Nevertheless threats of such action would warrant nations stocking up their oil supplies, taking prices even higher.

Because of the ongoing risks, would global financial markets keep oil prices high until the conflict were over? We think that prices over $150+ a barrel, would deeply impact global economic growth and inflation, affecting nearly all people on earth. This alone would be a game-changer for all financial markets.

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….much more analysis & Charts HERE

Michael Campbell’s Sept. 12th Business Comment

mcimageWhat does it take to be in the much denigrated top 1% of Income Earners in Canada?

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