We're in nosebleed territory... to me it almost looks like a card game is being played by the elites of the world against the common man... They've got several weapons to use to wage a war of welfare from popping the housing bubble to creating a manufactured energy crisis... to even making the U.S. dollar worthless to threatening further warfare against the middle east, rumors are even abound that Russia has the U.S. in its eyesights... meanwhile the market remains complacent while tuning into CNBC like comotose zombies...
And another big earthquake again today... the earth's burping and farting and no one seems to make anything of it... one day it's going to strike close to home...
As far as I'm concerned, these markets do NOT represent the current state of the economy at all! I've seen the stores having sales lately and they seem as empty as they would be... I see all the car lots around me desperately putting out sales but no one is buying the cars... I see the angered middle-class woman who can't keep up with rising costs and 3 kids...
Hopefully after the next market crash people get knocked out of their trance & wake up and realize that the Federal Reserve is arguably the most destructive organization that has ever set foot inside of this country.
I've got too much to say on the state of the markets and the economy at this point and who seems to be in control of it all... I could go on and on... I'm able to put 2 & 2 together here and the evidence is there that a rather small group and a rather monetarily priviledged group wants to manufacture a crash that makes 1929 look like a G-rated kid's movie!...
And for what it's worth, I've been called a permabear, I'm far from that... as a matter of fact, while I've been following these markets since maybe 2001, I came in February/March of 2003 with some pocket change and was 10,000% bullish, and then election-year 2004 came and I would say I turned neutral as I began seeing such spins and lies being perpetrated by the mainstream media which made me very suspicious of the markets in general, and now that 2005 is here and the spin has gotten 10 times worse, I'm exceptionally bearish... I've warned close members of my family about what I see ahead, they probably think I'm crazy...
I enjoy exchanging comments with you, keep playing the trumpet from the highest of mountains... and while you can't force people to listen, you can certainly continue to give something here that CNBC may never give, and that's credibility, honesty, and not an interview with a bull$hit CEO who turns around and sells $100,000,000 of shares within the week!
Could you imagine what would happen if the warmongers of the world get their wish, that alone would not only send oil prices through the roof, but in turn it would also send commodities through the roof. Suddenly, middle-class Susie, a mom of 3 has to start rationing out her paychecks...
We have a President who believes in basically 'forcing' democracy on the rest of the world, more specifically nations who don't have central banks, i.e. "rogue" nations... coincidence? I think not...
We have a media who will focus on the issues that they are planted with...
Corruption kills, even news came out today (before the recent earthquake) that there was a shortfall of over $4 billion to the countries that were promised tsunami relief funds by various world governments... shortfalls in aid relief while the mainstream media harps on the planted Schivao story, meanwhile Washington D.C. is selling F-16's to Pakistan...
I could go on and on... but what's the use! The story shall unfold before our eyes on the charts... The information war has been waged...