the completion of the Beijing Olympics mark the end of an era for China. When China was bullied back in the 1800s under the late Qing Dynasty, with incursion from the 8 Countries (UK, Holland, Spain, US, etc) and then occupation by Japan.
Under the opening up of the Communist rule, China has prospered. The stock market is teething on 2500, after falling from 6000.
There are many billionairs in Beijing watching the Olympics, may be they would take out some monies to buy some stock in China.
As I previously forecasted, Saakhasvilli would disappear from Georgia on the 24 Aug.
http://english.aljazeera.net/news/europe/2008/08/200882491453556899.html
Let us see how the market reacts. Probably the funds are buying secretly meanwhile.
Sunday, August 24, 2008
Saturday, August 23, 2008
23 Aug GOLD and the FED
http://www.forbes.com/reuters/feeds/reuters/2008/08/21/2008-08-21T203934Z_01_N21515012_RTRIDST_0_GOLD-EAGLE-SHORTAGE-UPDATE-2.html
Let us talk about GOLD. US government suspends minting of American EAgles can only be good news for the bulls.
It is the largest 1 ounce GOLD that are short, meaning the buying are form the Big buyers not from the man in the street.
Bços of the high cost of extraction, (energy, facilities, labour), Gold price has to stay above a certain level to make extraction sensible. Otherwise the miners would halt, and supply would drop.
Hence there is a certain floor to Gold price on a long term basis. The largest miners are now in China, with South Africa in the second. American Gold mine are now on a down path.
There are lots of Gold ETF around, in Asia, Singapore, HK. and China launched their GOLD Futures trading last yr. GOLD buying has been a trend as a preservation of wealth, not as a speculative tool. It is not a frenzy yet, the masses have not caught on with GOLD.
The Government stops minting Gold bços the cost has escalated, and with the low Gold price at 800, it is not profitable to do so. Ironically, the Government may instead be hoarding the GOLD either bços it sees GOLD going higher, if not it itself is in negative holding of GOLD.
GATA (www.gata.org) weeks before GOLD peak at 1030, was demanding an inspection of the US Treasury GOLD, which came to no conclusion. Has the Treausry been depleting US GOLD to enter into loan/swap agreements to generate revenue ? And that make the real GOLD holding of the US government much lesser than what is on the books.
Hence the real question is NOT how much of GOLD the public holds in ETFs, but how much of GOLD does the Treasury really owns ?
And Bernanke has said that he glances at the price of GOLD occasionally during the day. The FED is mindful of the price of GOLD. Bços GOLD stands for the TRUTH.
in the 1800's, Americans, UK, Dutch, French sells opium to China in exchange for gold, silver, jades, ornaments, etc. A big portion of the GOLD held by ECB, and US orignates from China.
China/Japan/India and other Asian countries have very low holdings of GOLD in relation to their foreign reserves.
With USD at current level, it is good time to diversify from Treasuries bonds, Fannie Mae, Freddie Mac bonds to GOLD. And that explains why US is running out of GOLD to mint the American Eagles.
It is the first sign of US Treasury cracking. The biggest credit crisis is not the Bear Sterns, Lehman Brothers, or Fannie, Freddie, it is the FEDERAL RESERVE. Note the word "RESERVE". When the RESERVE runs out of reserves, it is going to be the Mother of all Bubbles.
Let us talk about GOLD. US government suspends minting of American EAgles can only be good news for the bulls.
It is the largest 1 ounce GOLD that are short, meaning the buying are form the Big buyers not from the man in the street.
Bços of the high cost of extraction, (energy, facilities, labour), Gold price has to stay above a certain level to make extraction sensible. Otherwise the miners would halt, and supply would drop.
Hence there is a certain floor to Gold price on a long term basis. The largest miners are now in China, with South Africa in the second. American Gold mine are now on a down path.
There are lots of Gold ETF around, in Asia, Singapore, HK. and China launched their GOLD Futures trading last yr. GOLD buying has been a trend as a preservation of wealth, not as a speculative tool. It is not a frenzy yet, the masses have not caught on with GOLD.
The Government stops minting Gold bços the cost has escalated, and with the low Gold price at 800, it is not profitable to do so. Ironically, the Government may instead be hoarding the GOLD either bços it sees GOLD going higher, if not it itself is in negative holding of GOLD.
GATA (www.gata.org) weeks before GOLD peak at 1030, was demanding an inspection of the US Treasury GOLD, which came to no conclusion. Has the Treausry been depleting US GOLD to enter into loan/swap agreements to generate revenue ? And that make the real GOLD holding of the US government much lesser than what is on the books.
Hence the real question is NOT how much of GOLD the public holds in ETFs, but how much of GOLD does the Treasury really owns ?
And Bernanke has said that he glances at the price of GOLD occasionally during the day. The FED is mindful of the price of GOLD. Bços GOLD stands for the TRUTH.
in the 1800's, Americans, UK, Dutch, French sells opium to China in exchange for gold, silver, jades, ornaments, etc. A big portion of the GOLD held by ECB, and US orignates from China.
China/Japan/India and other Asian countries have very low holdings of GOLD in relation to their foreign reserves.
With USD at current level, it is good time to diversify from Treasuries bonds, Fannie Mae, Freddie Mac bonds to GOLD. And that explains why US is running out of GOLD to mint the American Eagles.
It is the first sign of US Treasury cracking. The biggest credit crisis is not the Bear Sterns, Lehman Brothers, or Fannie, Freddie, it is the FEDERAL RESERVE. Note the word "RESERVE". When the RESERVE runs out of reserves, it is going to be the Mother of all Bubbles.
Thursday, August 21, 2008
21 Aug Asia Financial Crisis
http://english.chosun.com/w21data/html/news/200808/200808210026.html
Seems like the seeds are in for a repeat of Asia Financial Crisis, with a rapid depletion of the Foreign Reserves kept by Asia Central Banks.
E.g. Korea has been depleting their reserves defending the won, buying Won and selling USD.
And more agressive Central Banks like Singapore through their Sovereign Wealth Fund have depleted their reserves buying up UBS, CitiBank, Meryll Lynch, with the investment cut into half within months.
Hence looking at the rear view mirror, the notion of Asia decoupling from US markets is a myth. Once this myth becomes more obvious or evident to the general public, we may have a panic selling of Equities of all sort.
We are far from the bottom, despite the FED, Treasury, owners of investment banks try to make us believe the bottom is in.
Seems like the seeds are in for a repeat of Asia Financial Crisis, with a rapid depletion of the Foreign Reserves kept by Asia Central Banks.
E.g. Korea has been depleting their reserves defending the won, buying Won and selling USD.
And more agressive Central Banks like Singapore through their Sovereign Wealth Fund have depleted their reserves buying up UBS, CitiBank, Meryll Lynch, with the investment cut into half within months.
Hence looking at the rear view mirror, the notion of Asia decoupling from US markets is a myth. Once this myth becomes more obvious or evident to the general public, we may have a panic selling of Equities of all sort.
We are far from the bottom, despite the FED, Treasury, owners of investment banks try to make us believe the bottom is in.
Wednesday, August 20, 2008
20 Aug Tribute to the Lion.
I am in front of the HSBC main branch in Central HK. Right besides the Lion of HSBC.
I see the baracades being lowered. When they lower the barricade, there would be alarms. You see see the progress of the barricades.
That reminds me of the market. GOD is merciful to warn your of the coming stock market plunge. If you do not heed you would be in the baricade.
May GOD have mercy on you......
Monday, August 18, 2008
18 Aug Pakistan
another hotspot, Pervez Musharraf is resigning. not a sudden news, but anticipated. Implication, the Taliban militants would soon be stirring, bços the democratic party of the late Benazir Bhutto, probably want to get even with the Taliban. And we would expect wide spread violence in a Nuclear Enabled Country.
US is losing power in Pakistan, and going to relinquish Iraq soon. The stage is now set for violent GeoPolitical events.
Gold fell as it has no fear. Just like a stuntman, if you know you would be well cushioned, the fall is ok. In fact the more dramatic the fall, the better it is.
As does EURO.
US is losing power in Pakistan, and going to relinquish Iraq soon. The stage is now set for violent GeoPolitical events.
Gold fell as it has no fear. Just like a stuntman, if you know you would be well cushioned, the fall is ok. In fact the more dramatic the fall, the better it is.
As does EURO.
Sunday, August 17, 2008
17 Aug Georgia to join NATO. War is brewing.
Merkel visiting Tbilisi, has invited Georgia to join NATO,
Saakhasvilli is refusing to cede any land to Russia.
http://www.dw-world.de/dw/article/0,2144,3570539,00.html
If Georgia join NATO, Russia would be up against the whole of Europe, US, UK Turkey, etc.
Russia has to seize first mover advantage now and retake Tbilisi and install a Russia friendly government. In order to stall NATO forces, it need to take down the oil pipeline, and cut Europe oil supply. This would make NATO hesistant to mobilising its Naval Armanda, and aircraft without secured long term fuel supply.
Meanwhile, Iran would blockade the Homuz Straits in support of Russia.
BTW, Iran would speed up its plutonium enrichment program. By mid 2009, Iran would be able to equip its missle warhead with nuclear, (Russia would send in some newer long range missles infact).
As a parallel event, Israel would now to start activate its military strike preparation against Iran.
While China would play good guy and try to mediate. (a fight between Russia and US would propel China into a superpower). And UN with a hapless Ban Kee Moon.
Probably, the Taliban elements would take advantage and activate its sleeper cells with the proverbial suitcase nuclear device.
(it was reported that the New York state government has ordered more Geiger Counter recently).
By the time Olympics, the world is back to the reality of superpower competition.
IF you agree this is the scenario, pls click on the Google Ads.
Saakhasvilli is refusing to cede any land to Russia.
http://www.dw-world.de/dw/article/0,2144,3570539,00.html
If Georgia join NATO, Russia would be up against the whole of Europe, US, UK Turkey, etc.
Russia has to seize first mover advantage now and retake Tbilisi and install a Russia friendly government. In order to stall NATO forces, it need to take down the oil pipeline, and cut Europe oil supply. This would make NATO hesistant to mobilising its Naval Armanda, and aircraft without secured long term fuel supply.
Meanwhile, Iran would blockade the Homuz Straits in support of Russia.
BTW, Iran would speed up its plutonium enrichment program. By mid 2009, Iran would be able to equip its missle warhead with nuclear, (Russia would send in some newer long range missles infact).
As a parallel event, Israel would now to start activate its military strike preparation against Iran.
While China would play good guy and try to mediate. (a fight between Russia and US would propel China into a superpower). And UN with a hapless Ban Kee Moon.
Probably, the Taliban elements would take advantage and activate its sleeper cells with the proverbial suitcase nuclear device.
(it was reported that the New York state government has ordered more Geiger Counter recently).
By the time Olympics, the world is back to the reality of superpower competition.
IF you agree this is the scenario, pls click on the Google Ads.
17 Aug Georgia update
http://english.aljazeera.net/news/europe/2008/08/200881623730798306.html
Russians are still on the move, despite so called Russia signing the truce.
With Poland signing the interceptor missles with US on last Thursday, there is no incentive for Russia to retreat. Any prolonged truce would allow Georgia to fortify its position with NATO peacekeepers, and then launch an international campaign to retake South Ossetia. Then Russia would be hapless.
I am sure there were countless truce agreement with Hitler, but Hitler still managed to retake whole of Europe.
The only peace can come if Saakhashvilli literally disappear from Tbilisi, and then install a Russian friendly government. Much like what US did with Iraq.
Now with Sarkozy, Rice, Merkel meddling, think the only way to halt their advances is to give them a shock.
The shock will come if the Oil Depots on the Black Sea got wiped out, if not the oil pipelines got cut off.
16 Aug has passed. No new happenings, looking forward to Crawford prediction.
Russians are still on the move, despite so called Russia signing the truce.
With Poland signing the interceptor missles with US on last Thursday, there is no incentive for Russia to retreat. Any prolonged truce would allow Georgia to fortify its position with NATO peacekeepers, and then launch an international campaign to retake South Ossetia. Then Russia would be hapless.
I am sure there were countless truce agreement with Hitler, but Hitler still managed to retake whole of Europe.
The only peace can come if Saakhashvilli literally disappear from Tbilisi, and then install a Russian friendly government. Much like what US did with Iraq.
Now with Sarkozy, Rice, Merkel meddling, think the only way to halt their advances is to give them a shock.
The shock will come if the Oil Depots on the Black Sea got wiped out, if not the oil pipelines got cut off.
16 Aug has passed. No new happenings, looking forward to Crawford prediction.
17 Aug Dollar Bubble
today, I learn a new word. Do we see a bubble in Dollar ? as in a Bubble in Oil, Commodities, China Equities, etc ?
A bubble means Irrational Exuberance about something. Is USD that great ?
Having said that, would wait for the parabolic rise of USD to signal the end.
As in every parabolic move, there would be a short retracement, followed by a higher move up. Look for DXY to move into 80s.
Which would be bullish for US Equities, while interestingly World Wide Equities slump, especially Asian ones.
Probably USD would rise till end Nov, much like what happened back in Autumn and Winter 2005.
By then Euro would be down to 1.3990. Gold down to 600. Good old days, or rather markets in anticipation of Deflation, not inflation.
If you are a Euro buff, or Gold Bug, dun worry, it is just a Dollar Bubble. Everything would reverse to mean eventually.
Lehman Brothers planning to sell its commercial Real Estate portfolio, but no buyer yet.
The next shoe would be commercial real estate. Banks, Financial Institutions pulling their backoffice out of America. Consumers spending less, retail big names cutting their stores.
However, the most significant thing now is not all these frills, but a change in the mindset of Americans. Gurus go on national talkshow, teaching people how to get the best out of the government, by walking away from loans, applying for credits, applying for government grants.
Americans are not using creativity or hardwork to make a living, but trying to skive a living.
Now the credit problems has spread to Alt-A mortgages, it is going to spread like fire when it becomes a fad to work away from your loan if it is in negative equities.
( much like some Californians torching their house to claim insurance).
Capitals gained by Banks would just go back to redeem the mistakes of the public at large. It is an endless pit. No amount of capital is enough. No amount of FED printing Dollars is sufficient.
Hence that is why it is a Dollar Bubble.
If you agree it is a Dollar Bubble, pls click on the Google Ads.
A bubble means Irrational Exuberance about something. Is USD that great ?
Having said that, would wait for the parabolic rise of USD to signal the end.
As in every parabolic move, there would be a short retracement, followed by a higher move up. Look for DXY to move into 80s.
Which would be bullish for US Equities, while interestingly World Wide Equities slump, especially Asian ones.
Probably USD would rise till end Nov, much like what happened back in Autumn and Winter 2005.
By then Euro would be down to 1.3990. Gold down to 600. Good old days, or rather markets in anticipation of Deflation, not inflation.
If you are a Euro buff, or Gold Bug, dun worry, it is just a Dollar Bubble. Everything would reverse to mean eventually.
Lehman Brothers planning to sell its commercial Real Estate portfolio, but no buyer yet.
The next shoe would be commercial real estate. Banks, Financial Institutions pulling their backoffice out of America. Consumers spending less, retail big names cutting their stores.
However, the most significant thing now is not all these frills, but a change in the mindset of Americans. Gurus go on national talkshow, teaching people how to get the best out of the government, by walking away from loans, applying for credits, applying for government grants.
Americans are not using creativity or hardwork to make a living, but trying to skive a living.
Now the credit problems has spread to Alt-A mortgages, it is going to spread like fire when it becomes a fad to work away from your loan if it is in negative equities.
( much like some Californians torching their house to claim insurance).
Capitals gained by Banks would just go back to redeem the mistakes of the public at large. It is an endless pit. No amount of capital is enough. No amount of FED printing Dollars is sufficient.
Hence that is why it is a Dollar Bubble.
If you agree it is a Dollar Bubble, pls click on the Google Ads.
Saturday, August 16, 2008
16 Aug Week ahead
on this lunar eclipse day, it makes sense to take stock of what is happening.
Weeks ago, China announced new policy to allow China companies to retain their foreign earnings overseas, and not to repatriate back to China into Yuan.
This would diminish the demand for Yuan, and hence the reduce the appreciation of the Chinese Yuan. However foreign funds pressed by the lack of liquidity has decided not to wait but to cash out of the market, by selling China Equities and China Real Estate, and repatriate the monies into USD. By rigging the USD higher, the funds manage to increase their returns relative to other currencies, e.g. EUR.
In one more week, the Olympics would complete. The next show would start.
Meanwhile the reptriated funds are flowing into the US markets, hence you see US Equities well supported.
How far would USD goes ? The easier part of the journey is completed, the more difficult part begins, with 1.4500 in view, and it would takes weeks if not month.
Do not expect a miracle with any substantial retracement, any retracement of Euro would be sold into.
Sell Euro 1.5000 (if there is any such retracement)
Euro is now in a Bear MArket, sell into strength.
If you agree what I say, click on the Google Ads.
Weeks ago, China announced new policy to allow China companies to retain their foreign earnings overseas, and not to repatriate back to China into Yuan.
This would diminish the demand for Yuan, and hence the reduce the appreciation of the Chinese Yuan. However foreign funds pressed by the lack of liquidity has decided not to wait but to cash out of the market, by selling China Equities and China Real Estate, and repatriate the monies into USD. By rigging the USD higher, the funds manage to increase their returns relative to other currencies, e.g. EUR.
In one more week, the Olympics would complete. The next show would start.
Meanwhile the reptriated funds are flowing into the US markets, hence you see US Equities well supported.
How far would USD goes ? The easier part of the journey is completed, the more difficult part begins, with 1.4500 in view, and it would takes weeks if not month.
Do not expect a miracle with any substantial retracement, any retracement of Euro would be sold into.
Sell Euro 1.5000 (if there is any such retracement)
Euro is now in a Bear MArket, sell into strength.
If you agree what I say, click on the Google Ads.
Friday, August 15, 2008
15 Aug watch 16 Aug
Arch Crawford predicted happening on 16 Aug. 160808.
These are definitely violent times.......Only the brave would thread.
These are definitely violent times.......Only the brave would thread.
Thursday, August 14, 2008
14 Aug World War Three, Iran, US and Russia
World War III is coming. As long been told by Nostradamus.
Today, as of writing, US naval armanda is now gathering in the Mediterranean Sea and towards Straits of Homuz, to serve 2 fronts, Iran and the Caucasus region.
US would be fighting 2 wars at one go.
Markets are fleeing into USD, while golbal Equities are tumbling. Gold rising, Oil rising. Imagine that you have a world when USD, Oil and Gold are rising.
The Asian currencies would be battered to death literally.
With the spectre of War imminent, Americans would rally around war veteran like McCain, making Obama hope of winning the election dimmer.
Probably, US intelligence knows of Georgia and Russian moves way ahead, but allow this to brew in support of the Republican.
Now the sudden rise of USD makes sense.
Wednesday, August 13, 2008
13 Aug Fake retreat
The Russian announced a truce yesterday, and today they manage to occupy a key Georgian city.
Sakorzy was thought to be the hero, but ended as the decoy.
that is how the market is. We may see another bout of USD strength, before USD really gives up or announce victory.
Sakorzy was thought to be the hero, but ended as the decoy.
that is how the market is. We may see another bout of USD strength, before USD really gives up or announce victory.
Tuesday, August 12, 2008
12 Aug Gold crash
all instruments seem to be in a hurry, Euro, Gold, Oil, etc.
possibly the cause would be revealed in a while. Some Long Funds probably would be going bust.
My targets:
Long Euro 1.4700- 1.4710
Long Crude 98-100
Long Gold 750
As quickly it falls, the rise would be as dramatci.
Remember you get this only on dollarpro.blogspot.com
possibly the cause would be revealed in a while. Some Long Funds probably would be going bust.
My targets:
Long Euro 1.4700- 1.4710
Long Crude 98-100
Long Gold 750
As quickly it falls, the rise would be as dramatci.
Remember you get this only on dollarpro.blogspot.com
Monday, August 11, 2008
11 Aug media rigging this current rally
national TV reports a survey done on 50 economist that US is slipping into recession, with 51% say yes, 49% say no. But the tone is negative.
While the Equities are rallying, interesting.
Possibly, fresh funds come into the market.SPX at 1306. 14 more points possibly to come at the market close, if not tomorrow opening.
IF you like this forecast like the XLF, or Euro, GOLD, write to me for subscriptions
at dollarproaragon@hotmail.com with heading "Subscription".
While the Equities are rallying, interesting.
Possibly, fresh funds come into the market.SPX at 1306. 14 more points possibly to come at the market close, if not tomorrow opening.
IF you like this forecast like the XLF, or Euro, GOLD, write to me for subscriptions
at dollarproaragon@hotmail.com with heading "Subscription".
The rally continues
well, perhaps the markets know something we dun't, it keeps rallying, while Euro, Oil, Gold keeps falling.
reaching 1302 as of now. Possibly there are too many Put options out there expiring this week, market wanna take them out.
safest time to reenter with a short would be this Friday.
Expect SPX to move up to 1320 to 1327 level, as projected earlier. Won't rule out a spike to 1340.
also expect Euro to drop towards 1.4700, the much awaited target.
Gold to 600 was some targets others were talking about.
Sunday, August 10, 2008
10 Aug Georgina, where are you ?
Recently Russian stock market has been tumbling partly bços of the falling Oil. As Russian stock market is heavily weighted in Oil stocks, e.g. Gazprom, Rosneft, etc.
The Baku pipeline which runs through Georgia is the only supply US and Europe has independent of Saudi and Russian supplies.
Hence with the Baku pipeline cut off (which part of it has happened in Turkey territory last week), the world would be in a greater Oil Shock.
There are incentives for both sides, the Georgia incumbent government and the defecting South Ossetia to cut the pipeline. The Georgian armies are trained by US, and is an US ally, while the South Ossetia has been a Russian affiliate.
Putin has his reputation at stake to wrench South Ossetia away from Georgian control. However this mini-war is going to kindle other defections pro and against Russia in the former Russia continent, e.g. Tskhininvali, Chechnya, etc.
Meanwhile Iran has been awfully quiet after Europe impose new sanctions, and US threatening further measures. Expect Iran to go absolutely quiet ahead of its frantic push to accomplish its first nuclear reactor.
One side though, my daughter is due for birth soon, may be I should call her Georgina.
Going through the news, I read investment guru dishing out advice people to invest for the long term, especially stocks. Also known celebrities switching to public transport.
For myself, I am redeeming my credit cards points, now for gasoline vouchers instead of shopping vouchers.
The onset of Kondratieff Winter is here, when prices keeping falling. One thing that is still holding up is the massive Real Estate market in Asia, where all brokers and banks, (as I called them Goldman Sucks, Lesbian Brothers, Morning Standing, Mary Lynch, Sistergrope) have substanstial investments.
Once their pricey investment goes bust, the jewel in the crown would be lost. And these external events, Bernanke and Hank are helpless against.
Kondratieff Winter is still at this stage a Black Swan event.
Meanwhile the Large Hydron Collider experiment would only run in September. That is a bigger Black Swan event.
The Baku pipeline which runs through Georgia is the only supply US and Europe has independent of Saudi and Russian supplies.
Hence with the Baku pipeline cut off (which part of it has happened in Turkey territory last week), the world would be in a greater Oil Shock.
There are incentives for both sides, the Georgia incumbent government and the defecting South Ossetia to cut the pipeline. The Georgian armies are trained by US, and is an US ally, while the South Ossetia has been a Russian affiliate.
Putin has his reputation at stake to wrench South Ossetia away from Georgian control. However this mini-war is going to kindle other defections pro and against Russia in the former Russia continent, e.g. Tskhininvali, Chechnya, etc.
Meanwhile Iran has been awfully quiet after Europe impose new sanctions, and US threatening further measures. Expect Iran to go absolutely quiet ahead of its frantic push to accomplish its first nuclear reactor.
One side though, my daughter is due for birth soon, may be I should call her Georgina.
Going through the news, I read investment guru dishing out advice people to invest for the long term, especially stocks. Also known celebrities switching to public transport.
For myself, I am redeeming my credit cards points, now for gasoline vouchers instead of shopping vouchers.
The onset of Kondratieff Winter is here, when prices keeping falling. One thing that is still holding up is the massive Real Estate market in Asia, where all brokers and banks, (as I called them Goldman Sucks, Lesbian Brothers, Morning Standing, Mary Lynch, Sistergrope) have substanstial investments.
Once their pricey investment goes bust, the jewel in the crown would be lost. And these external events, Bernanke and Hank are helpless against.
Kondratieff Winter is still at this stage a Black Swan event.
Meanwhile the Large Hydron Collider experiment would only run in September. That is a bigger Black Swan event.
Saturday, August 9, 2008
9 Aug Georgia War
today, an American is killed by a Chinese in Beijing, and then the Chinese leaped to his death.
Meanwhile Russia is ready to ignite way on Georgia, which borders Turkey. Georgia is where oil pipelines pass to Europe from the Caspian Sea (independent of Russia).
While Bush is in Beijing, extremely friendly with Putin. US has not expressed any view while its allies in Georgia is under threat.
The IAEA inspectors are due to conclude their visit to Iran. While EU implemented some toothless sanctions.
Watch out for Israel making secret deployment to Iraq with helicopter squandrons, incase its fighters got shot down in Iran. May be to heighten pressure on Iran to concede.
Olympics last for 17 days, wait for the hooray to fade and the world comes back to reality.
Meanwhile Russia is ready to ignite way on Georgia, which borders Turkey. Georgia is where oil pipelines pass to Europe from the Caspian Sea (independent of Russia).
While Bush is in Beijing, extremely friendly with Putin. US has not expressed any view while its allies in Georgia is under threat.
The IAEA inspectors are due to conclude their visit to Iran. While EU implemented some toothless sanctions.
Watch out for Israel making secret deployment to Iraq with helicopter squandrons, incase its fighters got shot down in Iran. May be to heighten pressure on Iran to concede.
Olympics last for 17 days, wait for the hooray to fade and the world comes back to reality.
Friday, August 8, 2008
080808 8am ET What is going to happen
Pivotal day today.
so far on quiet on the Asia front. Asia markets lethargic, the much awaited Olympic rally never came, dissappointing millions of Stock Investors in Asia.
While USD is out of control, rising against all currencies.
AUDUSD dropping sharply, most Asia currencies investors feeling the pinch, when their capital actually diminishes. it is now below 0.9000.
USDSGD flirting with 1.4000, a much crucial level for the Singapore government.
USDCNY reach a low of 6.8005, after an important decision by the China government no longer requiring companies to repatriate their foreign reservces into China and convert into CNY. i.e. China foreign reserve would shrink from now on. Lesser demand for CNY. CNY would stop appreciating and may reverse course soon.
While the titanic turns, speculative monies would be finding all means to escape from China. I.e., Funds cashing out of China real estate. Monies flowing back to US, possibly into the US stock market, Oil, commodities, etc.
The end of the Olympic would herald a new world, China admitted to the statehood of a developed nation in waiting, with a much slower growth.
Sout Asia would possibly come to a standstill when Japan has openly acknowledged recession, US in denial mode, Europe Trichet has finally admitted slower growth, UK repeatedly reminded of it being in recesion. Next China would join.
Almost 8 months after I made my call for a worldwide recession, the world has to come to acknowledge it on the Olympic day.
We are lucky if we just have recession short of a war in middleeast.
We would also be lucky to have a war short of a catastropic event at the Large Hydron Collider activating today on 080808.
so far on quiet on the Asia front. Asia markets lethargic, the much awaited Olympic rally never came, dissappointing millions of Stock Investors in Asia.
While USD is out of control, rising against all currencies.
AUDUSD dropping sharply, most Asia currencies investors feeling the pinch, when their capital actually diminishes. it is now below 0.9000.
USDSGD flirting with 1.4000, a much crucial level for the Singapore government.
USDCNY reach a low of 6.8005, after an important decision by the China government no longer requiring companies to repatriate their foreign reservces into China and convert into CNY. i.e. China foreign reserve would shrink from now on. Lesser demand for CNY. CNY would stop appreciating and may reverse course soon.
While the titanic turns, speculative monies would be finding all means to escape from China. I.e., Funds cashing out of China real estate. Monies flowing back to US, possibly into the US stock market, Oil, commodities, etc.
The end of the Olympic would herald a new world, China admitted to the statehood of a developed nation in waiting, with a much slower growth.
Sout Asia would possibly come to a standstill when Japan has openly acknowledged recession, US in denial mode, Europe Trichet has finally admitted slower growth, UK repeatedly reminded of it being in recesion. Next China would join.
Almost 8 months after I made my call for a worldwide recession, the world has to come to acknowledge it on the Olympic day.
We are lucky if we just have recession short of a war in middleeast.
We would also be lucky to have a war short of a catastropic event at the Large Hydron Collider activating today on 080808.
8 Aug SPX, INDU topping
market has topped out, seems like 38.2% retracement is about all.
with AIG, NFP, retails sales, Citigroup, all bad news, market should have crashed. However not, bços too many pple shorting the market.
Market just whipsawing shaking the weak long and short.
if you agree, do click on the Google Ads.
Euro 1.5300 should be the bottom, Gold spot at 657.
Thursday, August 7, 2008
7 Aug Euro to 1.5300
By noon ET, Euro would have travelled to 1.5340 ready for the spike down. 1.5298
is a possible leap target.
If you agree this is the scenario, click on the Google Ads as enthusistically as you can.
Wednesday, August 6, 2008
6 Aug TOP is coming
you can see the twin towers, the IFC anc ICC in Hong Kong. The WTC Twin Towers have now reincarnated in Hong Kong. The IFC is the home to the Monetary Authority of HK, and next to the Four Seasons hotel. The other ICC is under construction.
Question for today:
Would Euro dive for the bottom at 1.5300, so does Gold towards 560 ?
If you think so, click on the Google Ads.
Tuesday, August 5, 2008
5 Aug Gold is melting down and there is a conspiracy
As I am writing Gold is melting, spot Gold hitting 883,
however I find some very good fundamentals about Gold. Aliens from outer space want our gold !!!!
http://paranormal.about.com/library/weekly/aa021102a.htm
The story of the Anunnaki is told in Sitchin's many books and is digested, augmented and speculated about in dozens of websites. But the tale is essentially this: About 450,000 years ago, Alalu, the deposed ruler of the Anunnaki on Nibiru, escaped the planet on a spaceship and found refuge on Earth. He discovered that Earth had plenty of gold, which Nibiru needed to protect its diminishing atmosphere. They began to mine Earth's gold, and there were a lot of political battles among the Anunnaki for power. Then around 300,000 years or so ago, the Anunnaki decided to create a race of workers by genetically manipulating the primates on the planet. The result was homo sapiens - us. Eventually, rulership of the Earth was handed over to humans and the Anunnaki left, at least for the time being. Sitchin ties all this - and much more - into the stories of the first books of the Bible and the histories of other ancient cultures, especially Egyptian. (Here's a good time chart of the alleged events.)
Anyway Edgar Cayce (http://en.wikipedia.org/wiki/Edgar_Cayce)
has a prophecy:
Earth Changes: Cayce coined the term "Earth Changes" (later widely used in New Age writings), a reference to a series of cataclysm events which he prophesied would take place in future decades — notably including the Earth shifting on its axis, and most of California dropping into the Pacific Ocean following a catastrophic earthquake.
however I find some very good fundamentals about Gold. Aliens from outer space want our gold !!!!
http://paranormal.about.com/library/weekly/aa021102a.htm
The story of the Anunnaki is told in Sitchin's many books and is digested, augmented and speculated about in dozens of websites. But the tale is essentially this: About 450,000 years ago, Alalu, the deposed ruler of the Anunnaki on Nibiru, escaped the planet on a spaceship and found refuge on Earth. He discovered that Earth had plenty of gold, which Nibiru needed to protect its diminishing atmosphere. They began to mine Earth's gold, and there were a lot of political battles among the Anunnaki for power. Then around 300,000 years or so ago, the Anunnaki decided to create a race of workers by genetically manipulating the primates on the planet. The result was homo sapiens - us. Eventually, rulership of the Earth was handed over to humans and the Anunnaki left, at least for the time being. Sitchin ties all this - and much more - into the stories of the first books of the Bible and the histories of other ancient cultures, especially Egyptian. (Here's a good time chart of the alleged events.)
Anyway Edgar Cayce (http://en.wikipedia.org/wiki/Edgar_Cayce)
has a prophecy:
Earth Changes: Cayce coined the term "Earth Changes" (later widely used in New Age writings), a reference to a series of cataclysm events which he prophesied would take place in future decades — notably including the Earth shifting on its axis, and most of California dropping into the Pacific Ocean following a catastrophic earthquake.
Monday, August 4, 2008
4 Aug Nibiru
when a fiery red planet crosses between the Sun and Earth in Dec 2012, it would cause a pole shift and trigger earthquakes, tsunamis, etc.
The planet is called Nibiru.
No wonder, Richard Branson is working on his spacecraft. Then a seat on the spacebound plane would cause billions.
The public is not aware yet. And this only tells us that the Oct 2007 top in the stock market is the top for the next decade, till the devastation past and remaining 1/3 of the Earth population manage to survive and rebuild everything, literally EVERYTHING.
http://www.youtube.com/watch?v=xoWrtZX6J4c
The planet is called Nibiru.
No wonder, Richard Branson is working on his spacecraft. Then a seat on the spacebound plane would cause billions.
The public is not aware yet. And this only tells us that the Oct 2007 top in the stock market is the top for the next decade, till the devastation past and remaining 1/3 of the Earth population manage to survive and rebuild everything, literally EVERYTHING.
http://www.youtube.com/watch?v=xoWrtZX6J4c
4 Aug Waiting for Bernanke
Market trapped in ranges, waiting for Bernanke, whatever happens it owuld be a breakout in either direction.
If you think Euro is going to breakdown into 1.5300, do click on the Google Ads.
so that I can survey the sentiments and report here.
Some side thoughts here:
I was in HK, and when I came out of my hotel Sheraton in a place called Tsimsatsui on the esplanade in HK (a supposiingly awesome place with a view of the whole harbour) in the evenining. I saw lots of Africans, middle-eastern people roaming the streets. I am surprised by their numbers.
HK is a open city, and obviously it has been invaded by all cultures and forces.
Then I saw a HK movie called "Green Moss" , a reality movies depicting South Asians (pple from India, Pakistan, Blangesdesh) gangs operating in HK, all armed with M16, AK47.
Then it dawn on me that the FORCES have already infiltrated into HK.
I was in Shenzhen, spending my weekend in a reputable spa. I freuqnet the place quite a lot, you have pple from Norway, Europe coming all the way to visit the place.
And I saw increasing number of MiddleEastern faces.
While China ascends the world stage, it has now to face with the reality,
"you do not choose your enemies, but your enemies choose you."
While the Chinese media is hyping about threats from the East, so called the muslims from the Eastern province Ëastern Turks", bordering India, Afghanistan, little is known that external forces have infiltrated from the south all this while. Probably the HK police was asleep all these years.
Noteworthy, Sakorzy, Bush, Gordon Brown, Kevin Rudd would all be attending the opening ceremony in Beijing on the 080808.
Beijing was annouced as the winner of the 2008 Olympics in late 2001. Ample time for evil forces to plan and execute.
Beijing citizens saw their Solar Eclipse once in hundreds years on last Friday, 1 Aug. Tremors have been felt in California, Japan, recently, and not too far the China SzeChuan earthquake.
Am now looking out for a convincing falling star or Meteorite of sort, to confirm the Revelations Celestial Signs.
Lastly, am waiting for the activation of the Large Hydron Collider (LHC).
Some of you after reading this, think that we are at the end of the world. no worries.
The end is only coming on the 21 Dec 2012, as told my the Mayan 5000 year cycle calender.
http://www.december212012.com/
also reminded me of the beheading on the Greyhound bus in Canada. Darkness has arrived.
If you think Euro is going to breakdown into 1.5300, do click on the Google Ads.
so that I can survey the sentiments and report here.
Some side thoughts here:
I was in HK, and when I came out of my hotel Sheraton in a place called Tsimsatsui on the esplanade in HK (a supposiingly awesome place with a view of the whole harbour) in the evenining. I saw lots of Africans, middle-eastern people roaming the streets. I am surprised by their numbers.
HK is a open city, and obviously it has been invaded by all cultures and forces.
Then I saw a HK movie called "Green Moss" , a reality movies depicting South Asians (pple from India, Pakistan, Blangesdesh) gangs operating in HK, all armed with M16, AK47.
Then it dawn on me that the FORCES have already infiltrated into HK.
I was in Shenzhen, spending my weekend in a reputable spa. I freuqnet the place quite a lot, you have pple from Norway, Europe coming all the way to visit the place.
And I saw increasing number of MiddleEastern faces.
While China ascends the world stage, it has now to face with the reality,
"you do not choose your enemies, but your enemies choose you."
While the Chinese media is hyping about threats from the East, so called the muslims from the Eastern province Ëastern Turks", bordering India, Afghanistan, little is known that external forces have infiltrated from the south all this while. Probably the HK police was asleep all these years.
Noteworthy, Sakorzy, Bush, Gordon Brown, Kevin Rudd would all be attending the opening ceremony in Beijing on the 080808.
Beijing was annouced as the winner of the 2008 Olympics in late 2001. Ample time for evil forces to plan and execute.
Beijing citizens saw their Solar Eclipse once in hundreds years on last Friday, 1 Aug. Tremors have been felt in California, Japan, recently, and not too far the China SzeChuan earthquake.
Am now looking out for a convincing falling star or Meteorite of sort, to confirm the Revelations Celestial Signs.
Lastly, am waiting for the activation of the Large Hydron Collider (LHC).
Some of you after reading this, think that we are at the end of the world. no worries.
The end is only coming on the 21 Dec 2012, as told my the Mayan 5000 year cycle calender.
http://www.december212012.com/
also reminded me of the beheading on the Greyhound bus in Canada. Darkness has arrived.
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