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Alt 13.04.2008, 20:13   #31
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Zitat:
Zitat von ironfist

Globalisierung

Das Machtbeben



http://www.tagesspiegel.de/zeitung/...art2566,2511284

merci
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Alt 13.04.2008, 20:27   #32
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cabal-chess
Angehängte Grafiken
Dateityp: jpg cabal_chess.JPG (62,4 KB, 126x aufgerufen)
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Alt 14.04.2008, 13:06   #33
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14. April 2008



GLOBALISIERUNG

Die Wut der Armen

850 Millionen Menschen hungern weltweit. Ihre Verzweiflung löst Revolten in Nordafrika, Asien und Lateinamerika aus. Die Weltbank warnt, dass auch Regionalmächte wie Ägypten kollabieren könnten, wenn Lebensmittel unbezahlbar werden.

Fort Dimanche, ein ehemaliges Gefängnis in den Hügeln über Haitis Hauptstadt Port-au-Prince, ist die Hölle auf Erden. Früher folterten hier die Tontons Macoutes, die Todesschwadronen von Diktator "Baby Doc" Duvalier. Heute hausen Tausende Habenichtse auf dem Gelände und wühlen in Müllhaufen, doch selbst Hunde finden hier kaum Nahrung.

GLOBALISIERUNG: DIE WUT DER ARMEN


Auf dem Dach des einstigen Kerkers legen erfinderische Frauen etwas aus, das an Kekse erinnert und auch so genannt wird. Die wichtigste Zutat bringen Lastwagen aus den nahen Bergen, es ist gelber Lehm, der mit etwas Salz und Pflanzenfett zu einem Teig verrührt wird und dann in der Tropensonne trocknet.

Für viele Haitianer sind Lehmkekse die einzige Mahlzeit. Sie schmecken nach Fett, saugen die Feuchtigkeit aus dem Mund und hinterlassen einen Nachgeschmack von Dreck. Häufig verursachen sie Durchfall, aber sie betäuben das Hungergefühl.
"Ich hoffe, dass ich eines Tages auf sie verzichten kann", sagt Marie Noël, 40, die ihre sieben Kinder mit dem erdigen Fraß durchbringt. Der Lehm für 100 Plätzchen kostet fünf Dollar; binnen eines Jahres ist der Preis um 1,50 Dollar gestiegen, also um rund 40 Prozent. Ähnlich ist es bei den Grundnahrungsmitteln. Man bekommt allerdings mehr Kekse als Brot oder Maisfladen fürs Geld. Die tägliche Schüssel Reis ist kaum noch erschwinglich......


den ganzen Artikel hier lesen: http://www.spiegel.de/spiegel/0,1518,547009,00.html
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Alt 14.04.2008, 13:31   #34
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DemReadingDU
21. Update: While you were sleeping: A financial coup d'état
An interesting comment Saturday from Ilargi in his blog The Automatic Earth

Ilargi said...

I don't really know why people keep assuming that China depends on the US economy, and will try to keep some kind of status quo in trade. China's economy is blowing up with all those dollars flowing in. That is something they know very well, and they have prepared their next steps, rest assured.

As for the US, they don't need the outside capital nearly as much now as they did before Wednesday. I dedicated a post to it, but I don't feel at all that many people have understood what happened. Not when I see the comments here nor looking at what has been said in the media. They'll all learn yet.

In that post, While you were sleeping: A financial coup d'état, I sought to explain, with the help of three Wall Street Journal articles, that the Fed will from now on no longer borrow from China, but from its "own" US citizens, and their kids.

It will effectively have an unlimited credit line, "financed" through unlimited taxation of the US population. It is truly a coup, creating a lame duck political system. And a far more serious development than has been presently recognized.

April 12, 2008 7:12 PM
http://theautomaticearth.blogspot.com/2008/04/debt-ratt...

The first While you were sleeping...
http://www.democraticunderground.com/discuss/duboard.ph...

The 2nd While you were sleeping...
http://www.democraticunderground.com/discuss/duboard.ph...



Is The Federal Reserve Insane? Or Desperate?

http://www.youtube.com/watch?v=WeA_...itizens-of.html

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Alt 15.04.2008, 09:51   #35
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Posted On: Monday, April 14, 2008, 3:48:00 PM EST

The Criminal Actions Of Mainstream Media

Author: Jim Sinclair


Dear Extended Family,

It strikes me as almost criminal that last week going into the weekend newspaper articles declared the credit problem solved. They based this statement off the “evidence” that the borrowing at the Fed Begging Bowl loan window had declined.

Logically that is the weakest argument possible and is akin to saying a gambler lost less money last week so he certainly is on the way to becoming a winner. It is a story about the weather from a weatherman who refuses to ever look out the window.

How many investors have made decisions based on this misinformation?

How many regular people continue to dig their own credit graves because they are told that all is well and is only getting better? This is where the crime is committed against a public who really cannot defend themselves.

Maybe being silent would be an ethical route to take in order to not disturb the social order created by spin's plausible denial.

But then along comes Wachovia Bank fessing up to their new mark to model cartoon values of items that have no market and therefore no worth. The Fed has a new client at the Begging Bowl loan window and potentially a nice public financing deal to take part in.

You have not heard about 90% of the private and non-financial public entities holding this junk from money market funds to the old and enfeebled lighthouse employee’s retirement fund. I do not think OTC derivatives missed a town, state, widow, orphans or retirement fund.

There is so much more to come both in OTC derivative disaster real values as well as the failure of other arenas of derivative financing such as auto loans and leases.

The tip of the iceberg is credit, then credit default OTC derivatives, but that is only a miniscule part of the ocean of market to model icebergs.

Goldman Sach today said that US corporate earning are and are going to continue to be PUTRID. *

How does Goldman's "Earning Stink and will Stink" speak to Municipal, State and Federal income as the cost of everything rises? How does Goldman's statement speak to the US Federal Budget Deficit? You have not heard a peep on that subject from the Talking Heads.

It will be a miracle if the dollar holds at USDX .5200 or if gold ONLY goes to $1650.

The chopping of gold, violent at times, is perfect action for the Bull case. Gold was down over $10USD last evening on the G7/G9 (yesterday’s biggies, not today's) pure BS statement.

When will the West learn? We have shot ourselves in the back of the head with the damn OTC derivatives. They still are making and selling them as we speak. It will take a tank on top of them even to slow down the creation of these WMDs.

Respectfully yours,
Jim - http://www.jsmineset.com/

* -
pu·trid play_w("P0679500")adj.1. Decomposed and foul-smelling; rotten.
2. Proceeding from, relating to, or exhibiting putrefaction.
3. Morally rotten; corrupt
4. Extremely objectionable; vile.
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Alt 15.04.2008, 11:01   #36
Silverbay
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Fisch Silvio III ...

Noch in der Nacht zum Dienstag sagte der künftige Regierungschef,
er wolle die erste Kabinettssitzung nach Neapel einberufen, um den

Müllnotstand der süditalienischen Stadt anzugehen. Sein Kabinett sei
schon fast fertig, und er wisse, " wo Hand angelegt werden muss. "
*



Kein Wunder, wer die neapolitanische Unterwelt erst einsetzt, um das
Chaos zu inszenieren, weiss gut, diese wieder einzusetzen, um La Città
wieder glänzen zu lassen. vgl. Campanella

Italienisches Manöver, Signore bald wieder Seite an Seite mit seinen
demokratischen Amtskollegen ...

* obiges Zitat aus den Heinzelmann Studios, Mainz
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Alt 15.04.2008, 17:28   #37
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The Dollar Hasn't Bounced

I first presented the following chart with its downward pointing arrow in my alert on November 11, 2007, and made the following observation. "When taken together, the eerie calm as the dollar collapses and the arrow in the above chart pointing to the building downside momentum suggest that the dollar is nowhere near its final low."



I drew the downward pointing arrow back then purposefully. All the signs indicated to me that years of dollar mismanagement were finally taking its toll. I concluded that the dollar was heading for a major collapse that would culminate in a currency crisis by this summer, which is the time frame indicated by the arrow.

Anyone who has read these alerts or the book I co-authored with John Rubino knows that I am expecting a total collapse in the dollar. As I have said many times, the dollar is on the road to the fiat currency graveyard. But the question I am always asked is when will it get there? When will it collapse? The answer is in the above chart – this summer.

The dollar of course has been collapsing for years. Inflation has eroded its purchasing power, and inferior assets on bank balance sheets have debased its quality. What's more, rather than being left unfettered as a neutral tool for use in global commerce by one and all – which is the role required of the world's reserve currency – U.S. politicians have turned the dollar into an imperial weapon to extend their influence, further undermining its usefulness as currency. So it is not surprising that the Dollar Index has declined 41% from its peak on July 5, 2001, nor is what is happening now a surprise. Maybe I should say what isn't happening now. The dollar hasn't bounced.

We can see on the above chart the dollar's steep drop from December 20, 2007 to March 17, 2008. Under intense selling pressure, the dollar fell on 40 of these 60 trading days from 77.79 to its record low of 71.46. That 8.1% drop equates to a breathtaking 50% annual rate of decline. After a drop like that, one would expect a bounce in normal circumstances, just like the dollar bounced after the other huge drops that we can see on the chart. But it didn't happen. Why not?

One can only conclude that these are not normal circumstances. In other words, I think we have reached the 'tipping point'.

More people want out of the dollar than those who are willing to hold it. The final collapse of the dollar begins now. It will I expect play out over the next three to six months, culminating in a major dollar crisis.

I have been waiting for two events in particular to signal that the final collapse of the dollar had begun. One was for the Dollar Index to make a new record low by breaking below 78.30, which it did just a few weeks before I drew the arrow in the above chart last November. The other event was for gold to break above $1,000, which I anticipated would happen this year. Gold did briefly break above $1,000 last month before being beaten back down below that much-watched level by the gold cartel. I recommend reading the article in the current issue of Investor's Digest by John Embry of Sprott Asset Management describing this brief encounter with $1,000.....


Published by GoldMoney
Copyright © 2008. All rights reserved.
Edited by James Turk, alert@goldmoney.com
full story: http://goldmoney.com/en/commentary.php#current
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Alt 15.04.2008, 18:13   #38
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Boston Dynamics Big Dog (new video March 2008)

http://www.youtube.com/watch?v=W1czBcnX1Ww
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Alt 16.04.2008, 15:49   #39
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AUFTAUENDES METHANEIS

Sibiriens Klimagas- Tresor öffnet sich

Ein neuer Klimaschock bahnt sich an: Forscher haben alarmierende Hinweise gefunden, dass der gefrorene Boden im Schelfmeer der Arktis auftaut und eingelagertes Methan freisetzt. Die Folge wäre eine katastrophale Erderwärmung - Methan ist ein noch viel stärkeres Treibhausgas als CO2. Von Volker Mrasek mehr... [ Forum ]


...leider ist der Spiegel mir Verklagen schnell zur Hand wenn man den ganzen Artikel postet
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Alt 16.04.2008, 18:56   #40
Silverbay
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Posting Methan ...

... das ist richtig,

der Umfang der "noch" gebundenen Gase
in den Permafrost Gebieten ist ein nicht
kalkulierbares Risiko – und nicht nur eine
Metapher für das financial climate ...
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Alt 16.04.2008, 19:24   #41
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Derivative <---> Methan

**********************************************************

Posted On: Wednesday, April 16, 2008, 12:49:00 PM EST

Credibility of Index For Calculating Derivatives Questioned

Author: David Duval


Dear CIGAs,

After reading the article below (pay particular attention to boldfaced comment) one could easily get the impression that the entire derivatives business is rotten to the core.

David Duval

Banks That Misquote Money-Market Rates to Be Banned (Update1)
By Ben Livesey


April 16 (Bloomberg) -- The British Bankers' Association said it will ban any member deliberately misquoting lending rates at daily money-market operations amid concern that some contributors are providing misleading quotes.

The global credit squeeze has raised concern lenders have been manipulating the so-called fixing process to prevent their borrowing costs from escalating, the Bank for International Settlements said in March. Participants have complained to the BBA, the Wall Street Journal said today, citing a person familiar with the matter. The BBA holds its annual board meeting today.

``It's very important to us that we preserve the integrity of the figures,'' said Lesley McLeod, a BBA spokeswoman in London. ``It's something we have been looking at. If we find that people have been putting in figures which don't reflect accurately their financial figures, the ultimate sanction is to throw them out of the pond.''

The BBA asks 16 member banks every morning to say how much it would cost them to borrow from each other for 15 different periods in currencies including dollars, euros and pounds. It then calculates averages, known as the London interbank offered rates, or Libor, which are used as benchmarks for companies, lenders and investment banks around the world.

The BBA represents lenders such as HSBC Holdings Plc, Europe's largest bank by market value, Royal Bank of Scotland Group Plc and Barclays Plc.

`Credibility Weakened'

``Libor will survive, although its credibility is severely weakened,'' Paul Calello, Credit Suisse Group's head of investment banking, said in a speech at the International Swaps and Derivatives Association annual conference in Vienna today. ``Continuing to base an enormous amount of derivative contracts on an index with credibility problems is a serious issue we must address.''

More...
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Alt 16.04.2008, 19:29   #42
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Prices soaring as biggest grain exporters halt foreign sales

Submitted by cpowell on Wed, 2008-04-16 04:22. Section: Daily Dispatches By Javier Blas, Isabel Gorst, and Lindsay Whipp
Financial Times, London
Wednesday, April 16, 2008

http://www.ft.com/cms/s/0/38cd4d58-0b15-11dd-8ccf-0000779fd2ac.html?ncli...

The global food crisis intensified on Tuesday as Kazakhstan, one of the world's biggest wheat exporters, halted foreign sales and rice prices shot to a record high after Indonesia stopped its farmers from selling the grain abroad.

In another sign of turmoil, a big food company in Japan, Nihon Shokuhin Kako, said high corn prices had forced it to buy cheaper genetically modified corn for the first time, breaking a social, though not legal, taboo and signalling that opposition to GM foods could weaken in the face of record food prices.

Meanwhile, fresh wheat export curbs in Kazakhstan, the world's fifth-largest exporter, and the rice bans in Indonesia, threaten to trigger bans in other food exporting countries, which will now face much higher demand from importing countries.

Hussein Allidina at Morgan Stanley in New York said pressure for export bans was likely to increase elsewhere as developing countries suffering high inflation tried to combat rising local prices by cutting back on exports of agriculture commodities.

Indonesia -- which joins Vietnam, Egypt, China, Cambodia, and India in banning foreign sales -- was expected to export the grain this year due to a bumper crop. Corn futures prices in Chicago last week hit a record $6.16 a bushel, up 30 per cent in the past three months.

Indonesia's export ban boosted the price of rice futures in Chicago to a all-time high of $22.17 per 100 pounds, up 63 per cent since January. Wheat prices moved higher to $9.11 a bushel and traders warned prices could rise further as the Kazakhstan ban together with restrictions in Russia, Ukraine, and Argentina have closed a third of the global wheat market.

http://www.gata.org/node/6233
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Alt 17.04.2008, 07:38   #43
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cruises101
Great Info
April 16 - Gold $945.10 up $17.80 - Silver $18.31 up 54 cents

Gold And Silver Roar/PPT Guns Market

For purposes of action, nothing is more useful than narrowness of thought combined with energy of will… Henri Frederic Ameil
GO GATA!!!

Another remarkable day and more astounding than ever. I left this morning for Washington before the U.S. economic news hit the tape. For the second day in a row gold was up nearly 10 in the pre-market going. Oil was firmer with gold in the tank.

After the news surfaced (by the end of the day), oil rose further and the dollar tanked even more. Crude oil closed up $1.14 per barrel to $114.94. The dollar sank .60 to 71.43. The euro rose 1.5 to 159.43.

Yes, both gold and silver had very good days, but when you compare their prices to oil, the dollar, and the CRB, it was woeful … and by design, courtesy of The Gold Cartel. There is no other explanation why gold is nearly $90 off its highs, compared to what the price of oil and the dollar are doing, and to their respective highs and lows.

May crude oil (headed towards the moon)
http://futures.tradingcharts.com/chart/BC/58

June dollar (broke down after an extensive sideways action)
http://futures.tradingcharts.com/chart/US/68

June euro (broke through considerable resistance to make an all-time high close)
http://futures.tradingcharts.com/chart/EC/68

June gold (took out good resistance at $940, but noticeably lags oil and the euro, which is just why The Gold Cartel did what they did with their takedown)
http://futures.tradingcharts.com/chart/GD/68

The Gold Cartel has gone out of its way to make our "GATA Goes To Washington" conference even more essential and timely than ever.

Points of note:

*The financial market/economic situation in the US remains DIRE. Inflation is rampant, yet the deflationary forces of a disappearing housing market have the Fed in a box (see U.S. economic news below). The Fed needs to raise rates, like the ECB, to combat inflation, but if it does, our economy could go into a further tailspin … and the stock market could disintegrate.

*The dollar has completely broken down again, as US market fundamentals deteriorate, making General Paulson look sillier by the day with his talk of US commitment to a strong dollar. The man spews forth pabulum and it is embarrassing.

JUST IN … as I was saying…

O'Neill Says U.S. `Strong Dollar' Policy Is `Vacuous Notion'

April 16 (Bloomberg) -- Former Treasury Secretary Paul O'Neill said the ``strong dollar' policy that he and every other Treasury chief since 1995 endorsed is ``a vacuous notion.'

``It implies in it that somehow we have the ability to manage the relationship between the value of the U.S. dollar and other currencies around the world,' O'Neill, now a special adviser to Blackstone Group LP, today said in an interview with Bloomberg Television.

O'Neill roiled currency markets when he was in office from 2001 to 2002, at one point with comments in an interview with a German newspaper that the U.S. pursued a policy of a strong economy, rather than currency. The current Treasury Secretary, Henry Paulson, has repeatedly stated that he is a ``very strong' supporter of the ``strong dollar' policy.

``When I was Secretary of the Treasury I was not supposed to say anything but `strong dollar, strong dollar,' O'Neill said today. ``I argued then and would argue now that the idea of a strong dollar policy is a vacuous notion.'

The U.S. currency today fell to a record low against the euro, and has declined 15 percent against its European counterpart in the past year.

``The markets actually have control over those relationships. When people say strong dollar, if they don't mean that `we believe intervention can work and we're prepared to intervene,' then `strong dollar' is ridiculous.'



O'Neill, President George W. Bush's first Treasury secretary, said during his tenure he repeated the mantra originated by Clinton Treasury chief Robert Rubin that a ``strong' dollar is in the best interests of the U.S.

Every secretary since Rubin has repeated the phrase, regardless of whether the dollar was rising or falling.

-END-

*The housing news today is a disaster, yet US interest rates are on the move up. The yield on the 2 yr T note is 70 basis points up from its low. The yield of the 10 yr T note is back up to 3.7%. These moves put the Fed in even more of a predicament.

*PROBLEM:

PIMCO's Gross-commodity price rise becoming fixed

NEW YORK, April 16 (Reuters) - Record oil and other surging commodity prices are affixing to the U.S. economy and pushing up long-term inflation, the manager of the world's biggest bond fund said on Wednesday.

Bill Gross, chief investment officer of the Pacific Investment Management Co, or PIMCO, said on CNBC television, "Commodity prices are...becoming structuralized in terms of increases."

***

*Contrary to what the Planet Wall Street crowd pontificates, the credit situation is far from being behind us. In addition to the Libor rate being on the move up in England, credit spreads are rising rapidly, in nervous market conditions…

US SWAPS-2Y spread widest in 5 weeks on Libor concerns

NEW YORK, April 16 (Reuters) - The spread on two-year U.S. interest rate swaps ballooned on Wednesday to their widest level in about five weeks on concerns about the daily settings on interbank lending rates in London.
Two-year swap spread, which grows with risk aversion, widened to 100.25 basis points, the widest since March 10, from 91.50 basis points late Tuesday…

-END-

Both gold and silver look very good technically and are gearing up for dynamic moves higher in the months ahead … as the reasons to own both are becoming abundantly clearer to the average investor.

The gold open interest went up 3190 contracts to 422,699. The silver open interest rose 1175 contracts to 149,199.

Comments about excessive gold market exuberance from the likes of dingbat gold industry organization GFMS are absurd … and that is being kind. The gold open interest is some 170,000 contracts off its high. The silver OI is about 25% off its high. This tells us that the real exuberance levels for both precious metals are VERY LOW, not high … which is confirmed by the lack of interest in the smaller gold/silver companies. GFMS and the World Gold Council are both pitifully retarded and disingenuous (I am being kind again).

There is room for enormous gold/silver exuberance to take those markets way past their old highs … as rejuvenated specs pile back into both markets.
The CRB is back at its all-time high, closing up 3.40 to 418.76.


More gold goodies:
Indian ex-duty premiums: AM $4.44, PM $5.53, with world gold at $925.75 and $934.80. Ample for legal imports. The stock market added 0.56%, but the rupee was static (despite the dollar decline), closing at $1 = R39.96 (versus R39.9625). In an extensive discussion of Indian demand this morning, UBS confirms the impression that there has been some improvement lately: "Using indexed information, if India buys 100 units of gold on a very busy day we saw only 5-20 units/day of buying between September 2007 and early March 2008. Since the sell-off, this has picked up to 20-70 units/day with an average of about 35/day. This is not 'strong' and certainly not 'very strong' but a lot better than we have seen for the previous six months. We have seen better demand out of Europe too… It appears the world’s largest bullion importer is adapting to $900+ gold. Gold started rising today on the European opening, broke the well-advertised low $930s barrier well before the NY open, and after the open surged to the mid $940s, where it has found another layer of dogged resistance. Credit is due to The Gartman Letter for its intuition (or information) that an upwards effort was coming.

***

CARTEL CAPITULATION WATCH

Perhaps the scariest market of all is the DOW. This afternoon a female CNBC reporter was muttering, "Why is the market up so much?" And Rick Santelli was muttering about the "counterintuitive" market action again.

As mentioned yesterday, the Bush Administration and the PPT (along with the Counterparty Risk Management Group) are gunning the DOW in a desperate attempt to shore up confidence in the US.

But good grief ... and because:

*Joe and Jane American know their net worth is declining, and in some cases, substantially so because the value of their home is going south, with the likelihood of further drops almost assured.

*Meanwhile, food and energy prices keep going up and up … also with no end in sight. Planet Wall Street can pooh pooh the importance of this consumer nightmare, but you can’t fool Main Street.

*The dollar is disappearing and Wall Street bulls continue to act (even cheer) as if this is meaningless. It is leading to a coming DISASTER.

Yet, the DOW goes bonkers today on some mediocre earnings reports (Intel), which were not even close to the bad ones (like a GE). The DOW soared 257 to 12,619 and is back near the top of its trading range again. The DOG rocketed 64 points to 2350.

Clearly, the PPT is going all out to negate the effect of the growing horror show out there. "Everything is fine."
Maybe today the PPT con works, but rising interest rates and a sinking dollar are a double whammy for the market. Seems to me what we have is another 1987 coming ... a similar scenario anyway.

There are some on Planet Wall Street, and some even in our camp, who see the market going much higher as the world realizes just how extensive the US is monetizing everything. Could be, but can't imagine it lasting very long.
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Alt 17.04.2008, 09:45   #44
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Who ever said that OTC derivatives were financial WMDs?

http://www.jsmineset.com/
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Alt 17.04.2008, 10:35   #45
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Robert Newman - Video - A History of Oil

http://getintheirface.blogspot.com/...ory-of-oil.html

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