Talked 27.25 . . . 9/19/13 , conversation got lost during during that long sideways Wave 4, don't talk projections, Suggest possibilities , look forward to others pointing out the possibilities ! You have any?
Complete Breakdown of Financial Controls in US Government, Says Austin Fitts
February 23, 2014
Former HUD Assistant Housing Secretary and investment advisor Catherine Austin Fitts reveals her thoughts on the ever-rising debt ceiling… what Obamacare is really about (and that’s not socialized healthcare)… why over $4 trillion missing from federal programs may not be incompetence, but a covert strategy… how to protect yourself from the constant devaluation of the US dollar… and what exactly the Popsicle Index measures and why it matters.
Here are a few excerpts:
“I don’t see Obamacare as something designed to offer healthcare. … I think the question comes down to a bigger one, which is, are we going to create a society where one hundred percent of everything is digitized and under central control?”
“Who is the governance system, and why are they behaving the way they are behaving? What we see is literally a psychopathic effort and intensity—whether it is in the energy area, whether it is in the currency area, whether it is in the food area, whether it is in the healthcare area—to get 100% central control and to use digital means to do it, and the question is why?”
“Well, you have a complete breakdown of internal financial controls in the US government. … You had over $4 trillion of what is called undocumentable adjustments and to this day, [these agencies] have never, as required by law, produced audited financial statements.”
“In my experience, government is not incompetent at all. … Gridlock is a cover story, incompetence is a cover story. There is a plan, you just can’t see what it is.”
I had to ignore a user, given every chance to join the party, but to my knowledge never posted anything one could possibly use or even something to think about. Sad, I'm sure he knows something of value he may share and now I will miss it, oh well.
Astro, Full moon the 16th ( often the high ) New moon the 30th ( often the low ) , perhaps the 28th or 31st will bring the 22.80. . . . 27th brings the Moon at Perigee: 365706 km as well.
Wave V would = Wave I at 27.40 , but being short I hope its no so this time. Only 8 days until the March 22 Bradley Turn Date (BTD ), 8 days to 27.40 don't seem right, but 22.80 would seem too much as well, perhaps the timing will be different.
Great Selling point moses! Silver futures last 21.37 vs 21.195 , up 17 cents at 7:35 am, may fall in the next two hours ?? COT reports out this afternoon. Maybe the JP Morg has left silver and moved into shorting copper.
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. - Ernest Hemingway: "Notes on the Next War: A Serious Topical Letter" first published in Esquire (September 1935)
Russia May Retaliate Sanctions By Demanding Payment For Exports In Gold
This is a much stronger response to the Ukraine crisis than many expected and a mark of solidarity with Washington. Senior American military officials have been making hawkish sounds and warned that they are ready for a military response to Russia.
Russian government officials and businessmen are bracing for sanctions resembling those applied to Iran according to Bloomberg. Should Russian foreign exchange reserves and bank assets be frozen as is being suggested, then Russia would likely respond by wholesale dumping of their dollar reserves and bonds.
In retaliation, Russia could opt to only accept gold bullion for payment for their gas, oil and other commodity exports. This would likely lead to a sharp fall in the dollar and a surge in gold prices.
Currency wars could soon take the turn for the worst that many of us have warned of for some years.
Silver's three main drivers for 2014 - HSBC
Silver is likely to trade in a range between $17.75 and $22.75 for the rest of 2014 as the global silver surplus widens to around 156m oz. this year, says HSBC.
According to the group's latest silver outlook publication, there are three main trends that are likely to drive the silver market in 2014:
• Supply remaining strong,
• Investment demand making a modest recovery
• The current pickup in demand from industry and jewellery.
This market analysis by HSBC is the usual drivel one sees in the main stream press about this precious metal---and sounds very much like it could have been written by Jeff Christian over at CPM Group. Not once did I see them mention the illegal short-side corner in the Comex futures market that JPMorgan Chase currently holds---and what would happen to prices if they were forced to cover some or all of this position in the open market
Looks like China and Pukin's Russian invasion of Gabbogglestan take the cake, as stocks totally independent of that nonsense dive along with the rest--but not SLW which is running counterpoint to the POS--I mean take GOOG for example, which has no relations whatsoever to the nonsense overseas--it kicked back 1.5% for no reason whatsoever.
(Don't worry about the Russian invasion, Merkel has categorized Pukin's invasion as "catastrophic"---woo-hoohoohoo--that ought to have him quaking in his borscht. Meanwhile, back at the ranch, 14 March PPI will be meaningless, and the one Michigan sentiment (I wish I lived in Hawaii and not Michigan, brrrr, it's COLD here) will also be overshadowed as we wait with baited feted breath for the Sunday vote as to whether Gabbogglestan goes Russian or stays with the whooping Ukraines--which used to be an endangered species as you know.
Next week the FOMC foams at the mouth, supposedly walking away from numerical goals like 6.5% unemployment, to more esoteric concerns--like, the fact that most of the jobs created wouldn't make summer between semester make work for drunk teenies.-- Quality not quantity will allow them to keep the fires of printing presses going indefinitely--but, smart as that might appear to some--tapering will continue to punch more holes in the concrete stock balloon, without Pukin's help.
All the pundits are out touting a 15% year for the S and P. More days like today 13 March, which way will be problematic.
you guys keep saying SLW price is too far ahead of comex silver price, yet we all seem to feel that comex is controlled (manipulated). Perhaps that is the reason why SLW does not want to retrace to fit your wave theory. Precious metal investors (not traders) seem to grasp this. how else can we protect ourselves? I can not wait until they lose control. hope you are not short or on the sidelines when things really heat up.
Sorry, I didn't make my point well. I meant that COMEX will continue to set the price, but when end users can't get delivery from COMEX at the artificially set price (say, $20), they'll go to the silver streamers, who will charge $40 to $50. The South Americans will think the price is still $20, because they'll look at Kitco and see it's only $20! lol