It Is Happening People! I thought it would be coming a little bit later but for the people that are awake know the warning signs are there. Our NEWSLETTER subscribers have been doing quite well as of late. We have been giving warning for a long time now.
Here let me explain this in the best way I know how.
This is people with gold!
Gold Chart below
The US Dollar
US Dollar Chart Below
Gold Jumps To 1300 and is trading just over today. I remember when we were talking about this level only 16-18 months ago, and people were scratching their heads. Well fast forward to today and YES! we are there.
It just goes to show you that the smart money is pouring into such commodities as they do not trust the government and their lies and mis-information about an economy out of recession. The proof is in the pudding really.
Here is our latest update with more about gold, the U.S dollar and the up and coming US elections. Click on the play button to watch.
Hope this helps. Have a great day. 
Alot of our members are quite awake to what is going on out there in the REAL WORLD. You remember when you left school and they kept reminding you how tough it is in this big bad REAL WORLD. Tough it might be but there are many idiots in their monkey suits making it a lot tougher for you.
But then again there is no one way to survive out there. And I have a few friends that started with nothing and made a good fortune. WHY? because their thinking is different to everyone else out there. There is still alot of talk about the events happening in EUROPE. We did cover things in our newsletter but many people still dont see this as a big problem.
Below is our latest installment with what is going on with the economy, including the EURO and US dollar.
As promised, here is the most recent ‘trends alert’ we sent to our full paid members 1 day ago.
**TRENDS ALERT MESSAGE** sent 5/2/10
This week we were expecting the dollar to strengthen and we can see the USD going even higher.
The US dollar is in a lot of trouble, however technically for now, we see that higher prices are quite likely in the short term so stay vigilant.
I know I have talked about a rise in the dollar which could in fact put pressure on the metals also, and now we are seeing solid evidence of that. For those asking yes, we still have our metal shorts (gold, silver)in the markets which are working very well. and we remain solid on the fact that if the dollar keeps rallying we will continue to see more downward pressure on metals and the stock markets also.
One must play with extreme caution here but you must realize technical analysis rules on all levels, not idiots brokers, fund managers that don’t know what they are doing and others with simply no clue. Our members have seen how powerful technical analysis is when we rode gold up from the 900 dollar an ounce market all the way to 1200 level last year (2009).
We have lower targets in the stockmarkets but are still worried for metals and metal investors especially those who got in late.
Our studies now indicate that it is a real possibility that gold could come down even in to the 3 figures level. YES, below the 1000 dollar an ounce level and seeing the negative market action yesterday that seems to be confirming our thoughts.
We do see a time and perfect opportunities for buying gold back, because we have been buying on the big dips, but that time is not in front of us yet as we feel.
There are lower targets also, but we We will talk more about this in our newsletter that is coming out in the next week or so.
Regards
John S.
STAY AHEAD OF THE CROWD & RECEIVE OUR FULL 12 MONTH TRENDS ALERTS SERVICE PLEASE SUBSCRIBE HERE
Confusious Say don’t listen to Goldman sachs and this is why?…
HERE IS WHY! ….
That masterful screen shot was taken from bloomberg 2 days ago. Oh don’t worry I saved it and sent it to the boys over at (GOLDMAN SUCKS) and their CEO via email, but obviously they haven’t got back to me….LOL. Must be playing with some software or tying up some College kid and forcing him to program theirs next software master piece.
Anyway back to confusious…..
According to several reports the Chinese sovereign wealth fund is dumping dollars for strategic investments like gold. VERY SMART MOVE! And considering what the prices of gold is doing lately it does make sense.
Confusious say, Chinese….VERY…SMART
Some reckon that China will be the world’s second biggest economy, overtaking Japan, within the next couple of years and will overtake the U.S. by 2015. I find this very interesting, If it continues the way it is going and the U.S. continues the way it is going, this could happen much sooner. Communism, Chinese style, is winning the war of economic dominance and soon the world will no longer rely on the dollar as its reserve currency, but the renminbi!
Confusious Say, Time will tell young people!
Don’t you just hate when you listen to a song on the radio driving to work and it gets stuck in your head all day! ** insert eyes rolling here** Well since Monday the stockmarket had a special song stuck in its head.
The name of the song “Ain’t No Mountain High Enough” by the great screaming sensation Jimmy Barnes.
Yes! there sure ain’t no mountain high enough in the markets book, at least for now. And the last 4 months for me, has been spectacular. To watch what I have seen has been purely eye opened and stunning. The rally we have seen in the last two weeks, as I like to call it, the ROCKET SHIP rally, has not happened since back in 2000.
Below is the S&P 500 Chart shown during a different bear market rally. In this instance, the market went down 51% and then went up 52% (I will step in here and gently remind folks that a 52% gain after a 51% fall doesn’t bring you back to a profit, since you are staring with a damaged base). So if you have lost money in the market, and stayed in you are not back at square 1….infact, Far from it!!!!
ain’t no mountain high enough for now?
Do I see the market going even higher from here. SURE DO! Does this mean we are ok, and recovered? SURE DOES’NT!
I bring alot of truths about the market. So I am going to be blunt right now. So if you are offended by my extreme bearishness, I would ask you to cover your eyes, and clog your ears. It aint going to be pretty!
I will lead you to the realism of what is going on behind this rally. What is happening in the real economy. Which is why I am mesmerized to see the market where it is. Remember that the chart above doesn’t affect your bills, your mortgage, and even that little thing you do from time to time to pay your bills…YOUR J.O.B (if you still have one that is!)
Here is what is going on in the real economy. The stuff that affects the lives of you and your loved ones.
1) The U.S. Government is printing off trillions of un-backed U.S. Dollars and Flooding the market with it.
2) The U.S. Dollar is falling slowly to it’s death.
3) The housing market is no where near bottom.
4) We are still in a bear market ( yes don’t be shocked!)
But during all this, people are still asleep and watching these charts, thinking “HECK!! If the market is up, then we must be recovering!” There really ain’t no mountain high enough for the markets now. OR IS THERE? How Silly! these people have a big shocking coming!! The government will stop at nothing to trick these people into thinking they have everything under control.
GOVERNMENT IN CONTROL? LOL…. That’s a good one, I will have to remember to use that.
Like every mountain that is high enough to climb. Sometimes getting up is the easy part. It’s the getting down that can be painful, exhausting, & dangerous. We are still yet to experience this in the real economy.
Enough ranting from me. I will let you get back to your fun weekend with your friends, family and a few icey cold beers. Have a great day.
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