AI
Thursday, March 01, 2012 12:02:26 PM
MarketFest, Probably can't go too wrong buying gold over time since that is where the top globalists keep a lot of their own wealth. And we know the eventual endgame is to wreck the dollar and bring in the new global SDR currency of the IMF.
In the shorter term it's tougher to predict since gold prices depend on the dollar, which depends on so many factors like flight to safety, oil prices, state of the Euro, etc.
One way to prop up the dollar is to have higher oil prices, since oil is still priced in dollars internationally. So anything that keeps oil high also props up demand for dollars. Oil is still in a bullish inverted Head + Shoulders pattern (see chart below).
One potential scenario Webster Tarpley has mentioned is that when the Eurozone really starts to unravel, while the dollar may benefit initially, within weeks the US banks and the dollar will be also drawn down into the vortex. To prevent this, the globalists would then send oil prices (and hence the dollar) sky high via an attack on Iran that closes the Straits or Hormuz (or some other scenario to disrupt oil supplies like a coup in Saudi Arabia, oil disruption due to "Arab Spring' fallout, etc).
So Tarpley says to watch the Europe situation closely. When/if Europe really blows up, then the Iran attack would be launched to keep the dollar system from collapsing with the Euro -
In the shorter term it's tougher to predict since gold prices depend on the dollar, which depends on so many factors like flight to safety, oil prices, state of the Euro, etc.
One way to prop up the dollar is to have higher oil prices, since oil is still priced in dollars internationally. So anything that keeps oil high also props up demand for dollars. Oil is still in a bullish inverted Head + Shoulders pattern (see chart below).
One potential scenario Webster Tarpley has mentioned is that when the Eurozone really starts to unravel, while the dollar may benefit initially, within weeks the US banks and the dollar will be also drawn down into the vortex. To prevent this, the globalists would then send oil prices (and hence the dollar) sky high via an attack on Iran that closes the Straits or Hormuz (or some other scenario to disrupt oil supplies like a coup in Saudi Arabia, oil disruption due to "Arab Spring' fallout, etc).
So Tarpley says to watch the Europe situation closely. When/if Europe really blows up, then the Iran attack would be launched to keep the dollar system from collapsing with the Euro -
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