What’s Coming Shortly Is Bad, But…

Sure, you’ve got some things lining up for the second phase of the Meltdown. For your consideration:

1) FDIC has run out of money so they’ve stopped closing banks they’d otherwise have to bail out. Ominous, as this strategy is not sustainable. [link]

2) CITI bank has lost $8,000,000,000 in their credit card business this year and are on life support. They suddenly shut off a bunch of gas cards last week.

3) CIT is the major provider of financing for small/medium business in US. They’re on life support, too. When (not “if”) they go under they’ll take the major source of jobs in the US with them. B-A-D…

4) People taking delivery of gold futures contracts from Sept are now seeing 22K (.916 fine) bars delivered instead of the required 24K (.999 fine) bars. The gold ETF “GLD” is required to publish a list of all gold bar serial numbers each day. 85% of these bars have gone missing from the list. [link]

5) J.P.Morgan and Deutsche Bank have offered bribe money up to 125 percent of the quoted spot price to holders of Sept. long contracts if they would take settlement in paper, on condition that the embarrassing affair will be kept secret. [link] JPMorgan doesn’t have the gold they were selling short!

6) Jim Sinclair’s Dollar Death Countdown started at 150 days. It reaches zero in 3 weeks.

end-of-recession_sm7) The VIX (aka “Fear Index”) is the lowest it’s been all year [link]. No one is expecting anything bad to happen.

8) In the last month guess who’s announced plans for replacement currencies for the US dollar? China, Saudi Arabia, France, Japan, Russia, Brazil, India. The latest is Bolivia, Venezuela, Cuba, Ecuador, Nicaragua. [link

9) George Ure and the Web Bot guys have been warning about a major event/turning point Oct. 25 +- 1 week with an 85/15 probability of being financial in nature.

The following snippet is from George Ure (one of the Web Bot guys). Note the mention of the “#1 market timer for 2008 by Hulbert’s Financial Digest.” Hulbert’s reviews hundreds of financial newsletters each year and is highly respected…

Coping:  With the Bad Part of 2010

Had a most interesting conversation with Arch Crawford last night about what’s ahead, not only for the ugly part of this year’s market (wait a week or two and you won’t be saying “huh?”) but also about the really ugly part of 2010; which is you want to mark it down should show up sometime between late July and Early August of next year by his work.

Crawford has been writing a financial newsletter for about 32 years and was “ranked #1 market timer for the 2008 calendar year” by Hulbert’s Financial Digest.  What’s interesting about Crawford’s work is that it’s an astrologically based report – although other cycles are considered, too – which makes it interesting when a person (like me) is trying to line up periods where multiple predictive systems are all pretty much saying the same thing.

Just as the predictive linguistics work is pointing to big market moves starting as early as late Sunday (Monday in Asian trading time) Crawford’s work shows there’s a rough patch there.

But more worrisome is his take on the mid-2010 period.  “It’s about the worst we’ve ever seen,” he told me.

How bad is bad?

“Well, when something is worse than the Revolutionary War, World War I, the Great Depression, and World War II, that’s bad – it’s the worst I’ve seen the charts in over 200-years.

As he explains it, there’s Mars conjunction Saturn which will be in opposition to Jupiter conjucting Uranus all squaring Pluto.

Not that it means a hill of beans to me – I’ll take a GPS reading, thanks –  but because of the Pluto is where it is mid summer of next year the biggie stuff out there is likely to be planetary in nature.

Interestingly, this also corresponds to the predictive linguistics work what has the big showdown basically between good guys and bad guys there; a time when the global mass of humans will be seeking revenge/change/retribution from the PTB.

If you were sketching out a kind of mid-range path between Crawford’s work, Cliff’s linguistics work, Robin Landry’s Elliott (and then some) and trying to sketch out a trading path, it might go something like this:

  • From late October till early/mid December, a good-sized market decline, perhaps testing the March ’09 market lows around Dow 6,627.

  • Right after the first of the year, I’d be expecting a whole new chorus of “Good times are just ahead” and the ‘gloves to come off’ in terms of government control, imposition of group-think, and once the mutated swine flu comes out of the Winter Games, then lots of clamping down of people’s freedom of movement.

  • During this period, I’d be looking for energy to ‘shoot the moon’ along with the precious metals – oh boy!

  • And then as the social order collides with the globalist agenda over July-August, I’d look for the markets to be as bad as at any time in 200-years.

Hard telling how it will all play out, but the predictive linguistics would seem to fit this pretty well (they tend to state the most dire of language) but when other systems of getting a bead on the future start to line up, as I explained to Peoplenomics subscribers last week, that’s when I start figuring out how to be as we say here in Texas ‘all in’.

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21 Responses

  1. It’s interesting going back over past predictions to see have them have panned out. Jan 2011 and UK is almost back in recession, so all this still isn’t over.

  2. 1971 marked the first time in history that all currencies are fiat (backed by degree – not by gold or silver). This 40 year experiment is about to come crashing to an end. One has only to look at the events in Zimbabwe and Argentina to understand the simple truth: Gold is money. Silver is money. Paper money is a promise that is about to be broken.

  3. Bad news is never a good thing to swallow. No one wants to be the bearer or the recipient of any bad news. However, prepration never hurt anyone, but panicking never helps anyone either. I suggest a careful planning by your family. Don’t live in fear of what you don’t know is going to happen, but at the same time, be humble and listen to those who have the wisdom to foresee certain calamity. This has been the error of humanity throughout history; not heeding just warning. Sometimes people reply to these websites out of fear because it’s their way of coping, but let me assure you that the only way to get through this is by trusting in God and putting all of your weight on him instead of trusting in the world’s system. No one else can promise and assure you protection and provision in a time of great crisis, like God can. I am not trying to force my beliefs on anyone, but simply offering hope and faith through His power. If you happen to read this and you laugh, remember when the time comes to you to put your money where your mouth is “so to speak”, that this may be your opportunity to turn to God after having lived your life without him for so many years, and thisis his way of getting your attention. May God bless all of you and may His protection be upon you and your families, and may there always be provision for you during the hard times. If it never happens that the economy dies, remember that this may also be God’s way of saying I am with you; turn to me.

  4. Please shut down your website. It’s an embarrassment!

  5. Anybody who exerts this much effort to attempt to scare the American people, or everybody in general…. well you fill in the blank. The rest of the world is actually living right now, while you…are…. well I’ll get you fill in the blank.

    • I have personally known the man for over twenty years and can assert his effectiveness over time! In fact his December newsletter talks about the Solar Eclipse of Jan 15, as a possible REVERSER OF FORTUNES.
      Days latter we had the Haitian earthquake, the the Supreme court reverses a 100yr old stance on campaign contributions, and let us not forget the loss of the KENNEDY SEAT in Mass. held since 1952!
      I can remember Arch was wrong on 911. He was two years early with his dire warnings.
      I have described his predicitions, somewhat enegmatic, at times, as a two yr old with a loaded gun!
      If he puts this much effort into the forecast: PAY ATTENTION!!!

  6. hey what happened? wasn’t the world supposed to end last month?! hahaha!

  7. Maybe because this site is is closed by the gov. Seems like nobody is home. Just a thought?

  8. why did u remove the last post? very sad to see u hide things…

  9. its definastly going to happen all talk of as comex default has stopped its going to happen when no one expects. the chinese are making it a certainty. gold has no were to go nut up once options expire in oct 2009 nov means bumper gold prices even with the market crashing and rising

  10. THIS WEB SITE IS DODGY

    On Aug 22 2009 this web site said that there would be massive bank holidays in “September at the latest”. (Under heading “Last Post”).

    Well clearly that was wrong!!

  11. Please explain … Where is this all heading ?
    I won’t hold you liable to your statements …
    What does your Gut instinct say?

    Give me the REAL sceniero …
    Not watered down
    Not Sugar coated

    And how are you personally preparing for the Implosion.
    ie: buying up Gold & Silver, storing up 6 months of food,
    Fire Arms, Ammo, water purification filters.etc… etc …

    Give me the Full enchilada

    I’m a Big Boy … I can handle it ..

    Thanks and God Bless You

    • Reply to Big Ed (October 23rd post – Give me the Full enchilada),

      I think that very few, if any, have the “full enchilada” view of what will happen and when, so I’ve worked to “put more legs under my table,” as follows:

      – Pray and seek God
      – Warn my family and friends (this is tough to do without being looked at like Noah)
      – Investments: 25% precious metals, 25% stocks, 50% real estate. (I’d like to do more PM, but I’m kinda stuck in the other two.)
      – Made / making a “Storm Kit”: water filter, generator, food, camping type supplies, guns & ammo.
      – Networking with like minded friends for mutual support and planning

      Taking little, positive, concrete steps to prepare helps me keep from being stuck in paralyzed inaction. A lot of genuine people are doing their best to warn, predict, and prepare, but we miss the mark by more than we’d like.

      – More prayer and seeking God

      • Thank you John L.,
        I agree wholeheartedly.
        Happy Thanksgiving to you, Scott, and all the posters
        and readers on this board. If you truly search, you can find
        something to be thankful for every day.
        I am thankful I traded my fiat paper funny money U.S. dollars
        last year for Silver and Gold.
        Both are up over 50 percent from last year.
        Happy Thanksgiving!

      • The 3 G’s …

        G , G , G

        GOD

        Gold

        Guns

        May God Bless You this Thanksgiving

  12. What happened to the previous entry?

  13. Apparently some large institutions feel similar to you about our future. I just saw at http://www.goldalert.com/gold_price_blog.php that there were large put purchases on the SPY and IWM at the open today:

    “SPY March 70 puts, bought 14,000 and SPY March 90 puts bought 2,500; IWM customer bought 10,000 Nov 59 puts at 1.51”

    I guess they feel the markets have gotten way ahead of themselves and may finally start to reflect reality, as they did in 2008.

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