Paradise International

Richard – UCT fits (by far) the most with EURJPY.

Think of a perfect indicator for risc aversion and money flows – below the surface (forget about indices in that regard).

As for Gold – if we don’t see the 5xL (devasting selloff) here – then I’m gonna try to buy a bottom late March. The more Gold decouples from indices the earlier I might buy. Actually I’m hedged and on the cautious side. But anything near 119x will cause me long teeth.
Also EURJPY breaking out or EURUSD breaking out will add to my long teeth.

Guess da boyz will arrange another trap – BO EURJPY and EURUSD – just to smash ‘em once more next two weeks. If not you have the inversion – and I guess a fast and strong move then. In that case everything is upside down from here again – and happy whipsaws in that case.

Regarding OPEX: da boyz have squeezed the puts and shorts so far – guess next is that they will shake the calls. That could be the time to buy the yellow stuff again.

In the end … thanks to the dollars somewhat exposed position here – not an easy game.
And I think a bottom for EURUSD is – ANYWAY – not far away. Possibly a week or two still. Accordingly sharp selloffs in EURUSD are indeed value buys here. Especially if combined with gold guys.

gl & gt

Sorry, I haven’t seen your earlier posts-so I don’t know. If it is for gold, what exactly is the road map for this month and beyond?

Remember what I posted 2 weeks ago … “So the odds are very high for “up into mid February”, “down into early March” and then “up again into mid March” at least.” …

Here my next outlook:

 Against all odds (”sell all the rallies” almost all the time … think of one-trick-ponnies”) last predicted turning point was a bottom and we went up as projected.
With the perma bears thereafter silently having vanished thru the backdoor.

These turns work since a year like clockwork. With since March last year just 3 inversions in 26 projections.

So here you have the next one:
Monday is new moon. It’s the eye of the hurricane. UCT turn is either wednesday (according to Puetzs book) next week or tomorrow Friday (according to Puetzs newsletter).
So we have approximately a week in between which the high will be seen.
In between the UCT turn and the lunar turn there could well be an increase of volatility and magnitude of swings.
Then we go down into end of March/early April where the next turns sits.
According to the book it should be a VERY sharp and devasting selloff. Though I have my doubts. Expect the SHARP and DEVASTING selloff instead after mid May into early August.

Back to the projection: Keep in mind that we could see an inversion and only proper stop loss management will protect against that case.

Accordingly strategy is: sell new highs, have a reasonable stop and consider to add one the trend south is clear.

Above strategy is confirmed widely in TA – as most markets are either oversold or overbought now, also in the more longterm timeframes.

And finally once mamun comes out again with his mantra “sell all the rallies” – another confirmation that we turn.

McHugh also has almost all markets close to topping with just a small v left. If the DOW makes new highs above 10725 his count is obsolete.
He also has several turndates in coming days and week adding to the likelyhood of a turn.

Cyclist is opposite of above projections. Expects a bottom end of this week or early next week – and a sharp rally into mid May.

I have already months earlier said that this turn and the turn mid April will be one of the most important this year. Because it lays the groundwork for the next couple of weeks. A sharp selloff making new lows confirms the January highs and adds probability this is a type 3 wave south with correction into mid May and the 5th into August. No new lows and instead just a normal correction adds probability this is just a correction within the 5th north – topping not before mid May and thereafter a EVEN MORE DEVASTING smash will be seen. In the later case I even consider to sell (or hedge) part of my coins for the duration of 2-3 months.

I myself have no clue and no reason to predict anything. Mr. Market will decide and paint the charts timely enough.
Although I’m pretty sure that the summer selloff will be xfold worse than this UCT 5xL.
Next 5xL is 05/12/2012. Before that date we have a 4xH due 04/22/2011. Means from the next major low a good rally over close to a year. Question: when will se see the next major low? Within next 2 weeks – or in summer. In my books it’s summer. But “Mr. Market will decide and paint the charts timely enough.”

Odds are approximately 27:3 that this is a top and a turn will be seen within coming 5-6 trading days.

Nuf babbled for coming two weeks – until a few days before the next turn.

DYOD and gl & gt

PS: above “projections” are especially true for indices and EURJPY. As for Gold and Silver – I won’t rule out, that they will go their own way – and not join the broads over next 2 weeks. Although that is somewhat unlikely – or not? You see – as for Gold – no clue what it will do next 2 weeks. Much will depend on EURUSD and the Buck, which looks topping so far – but another selloff in indices and EURJPY could well propel it even higher again. So re Gold – 2fold ==> DYOD !!!

BTW: Cyclist expects 1080 to be seen in gold. bc (GVI) sees anything below 1100 a buy – and still anything below 1.35 EURUSD a value buy.

PS2: EURJPY should be closely watched as it is working on a major trendline (i.e. 3h chart – start resistance line late january and support line early February) / trendchannel. If clearly broken north a move at least 5 figures higher is highly likely then. Could coincidate with the dollar selling off. And a further sharp rally in stocks and finally an inversion for the UCT cycle. Similar EURUSD is working on a breakout. So we have to be pretty careful here.

Also with OPEX next week – a wild and bumpy and trappy ride will be seen.

“Gold and crude drop on surge in Chinese inflation”

As Bill Murphy says=”Orwellian”

 thanks for the Jesse Ventura update. Sounds like a perfect performance from the four bimbo’s, attempting to ridicule Jesse as a whacked out conspiracy guy. Course, I’m sure the bimbo’s couldn’t account for WTC 7 or the missing black boxes – all four of them.

 If Jesse would team up with Ron Paul they’d win the next election in a landslide. Good for Jesse for speaking the truth.

China shipments up as well as some tec. I wonder what it could  be? Copied CD movies and other games, computer  harware as the jobless sit in front of their computers looking for jobs, that is if they can afford it, and movies to pass the time or copied designer goods because people cant afford the real stuff.And then there the dollar store. One can capitalize on a falling economy if one thinks.

Come to think of it gold is being out sourced, like everything else, China and India lol But I bet they wont sell it back cheap as their other stuff they send us.

midas and gold bubble? thats happening that is and theyre blowing it up. Gold is not a bubble  Gods sake its a measure of survival against the GLOBAL dollar. Like Sinclair said there no such thing as a jobless recovery. People who made 50 to 100k a yr who are now making 9  dollars an hr is not a recovery its a depression. You cant  have a falling gdp , jobs that will never come back ” chronic unemployment” and a astronomical dept with printing press still running and  call gold some bubble. What are they going to do “out source it, or  merger it with microsoft? lol

Hello YellowBird.  Agree with you on all counts.

Using the example of Jesse Ventura, I guess one might draw the conclusion that I don’t want anyone to have reason to believe I’m not paying attention here or that I’m hiding in a corner of life.  Yet I have no notion that I could change anyone’s mind, nor would I want to if I could.  Just speaking mine.

Of course you may have noticed that when I speak my mind in the Tent, it sometimes happens to create a bit of contrast, so I’m in luck.  It’s like built-in ‘perpetual motion’.  Anyway, it looks unlikely there will be any shortage of contrast in the near term.  If the impossible does happen one day and everyone everywhere all of a sudden decides to be happy and the contrast runs dry, well I’d be so flabberghasted I’d eat my hat and Voila!  there’d be instant contrast for me again.  But I think we both know that the contrast isn’t ever going to run out for any of us, so I like to take mine with as much happiness as I can muster up.

Speaking of getting happy, maybe you’ve already enjoyed the below excerpt from an Abe workshop, click on the rainbow to see it.  Good night.

  *GB

PS  Thanks for the reminder to appreciate everyone & everything.

I was trapped in front of a TV today when Barbara Walter’s show “The View” had Jesse Ventura on as a guest, promoting his new conspiracy theory book. He got an interesting treatment from the panel of women… not unlike some posters here. Jesse is quite bald, with a long gray fringe of hair that makes him look much like the old images of Ben Franklin, so he was an interesting contrast to the usual glitz.

The little blond brainless Bush-defender rattled on how jet fuel burning temperature WAS enough to weaken steel in the WTC collapse… like she would know.

The queen of media chrones herself took every opportunity to cluck how ‘everything’s a conspiracy’ and to minimalize, question deprecatingly, and marginalize most everything Jesse said.

At one point, Jesse said that the media itself was at fault for not honestly investigating and marginalizing those who ask questions. He said he didn’t want to write the book when initially approached to do so, because he didn’t want to subject himself to this kind of ridicule. But after two weeks, he reconsidered and did write the book because (paraphrasing):

“…I didn’t want future generations to think that ALL of us blindly accepted the government line and went along unquestioningly. SOME of us were questioning and thinking. And rational dissent of the government is the basis of LIBERTY and patriotism, and freedom from government oppression.”

Jesse is a true libertarian and patriot, and held his head up high despite being forced to wade through the media mudpies and magpies he was assaulted with.

Kinda reminds me of just another day at the tent.

Goldballoon: Admire your questioning. But it is usually fruitless on some subjects, and not everyone can, nor should, adapt to your ‘be happy’ & feel good approach to life. The law of attraction states that we need to experience ‘contrasts’ in order to know what good WE individually want to materialize for ourselves in our individual lives. Like today’s quote:

“As you diminish contrast, you diminish your ability to decide, and as you diminish your ability to decide, you diminish your ability to focus, and as you diminish your ability to focus, you do away with your reason for existing.”

–Canary in the Gold Mine.

Fully- I think you’re talking about AADD but you dropped a character.  Maybe you were distracted momentarily between typing the first “A” and the first “D”.  I enjoy the affliction myself, adult attention deficient deficit dis-odor but anyway nice to see Gold going up over the long (10 year) term.

Bill H:

U.S. States and Sovereigns

To all; the talk has recently been all about Greece and the PIIGS because that’s where the media has steered attention. Of course Moodys downgraded Greece and the media went on it’s “the Euro is dead” frenzy at a most opportune time as the Dollar was looking very sickly on the charts at the time. Divert attention in other words.

Attention was diverted from several (many) US states that were and still are walking financial zombies. California, New Jersey, Illinois etc. are running deficits and debt levels similar to and in some cases far worse than Greece in percentage terms. What is truly humorous is even with retarded budget projections the numbers aren’t working. How many states have “proposed” budgets that have turned out to be pie in the sky dreams after only 6 months? The tax revenue projections that have and are being used by many states are so far out of whack that the ink doesn’t even get a chance to dry before a 3rd grader puts a pencil to the projections and figures out they are wrong!

This goes for many big cities, counties, and municipalities. The point is…EVERYTHING is broke! The only thing not broke is the stock market but that’s only because of the PPT support and rigging. Unemployment insurance is being extended further and further into the future while tax revenues decline. Much of the so called “employment” has been in the public sector that will obviously weigh further on all government budgets. It is not sustainable in any way even if the credit markets don’t seize up.

Anyone who doesn’t believe we have a stock market crash and train wreck directly ahead must believe we have a hyperinflationary event coming immediately or they can’t do math. You cannot have sovereign governments, US states, cities etc. (and federal government) on the verge of bankruptcy and stocks not panic and stay at these levels. In my opinion the only justification for “Dow 10,000″ is the probability (guarantee) of hyperinflation, period!

There is no recovery in real estate, employment, main street or anywhere else except for Wall Street because of the $ trillions pumped in and running through it’s veins. About once every 10 days or so we hear about the Fed raising rates and withdrawing stimulus. This cannot happen without an immediate fatal heart attack to Wall Street and Main Street taking a final body blow. It is now and has been for years, “inflate or die”. The Fed is having a difficult time “reinflating” with their foot through the floor boards on the accelerator, taking their foot off the gas (not to mention tapping the break) is entirely out of the question and nothing more than poor humor..

It is now only a matter of time before investors get spooked by the fear of sovereign defaults spreading like a disease. The day is not far off where ALL paper gets shunned and real money gets bids that swamp actual supply. Once the thought process turns to “there’s no place to hide”, the amount of fake capital trying to enter metal and the ridiculously small Gold stock arena will bid these assets to never before dreamed of values. When there is no place to hide “within” the system, capital will move outside the system.

The problem is very very simple indeed. This week alone the U.S. Treasury is borrowing 1 1/2 times the entire annual global production of Gold. And how much have they borrowed the week before that and the week before that…? The math is impossible and the lifeboat far to small to accommodate anyone even 1 second too late! What could “never happen” 2 or 3 years ago has already happened and then some. Now we wait for sovereigns, U.S. states and cities, even the U.S. Treasury to default………..or hyperinflate. It is only a matter of time now and no longer a question of if! Regards, Bill H.

he will be calling a few folks. he said the flintstone project is going great.

rno

….A Swedish Romanian Aetheist…so you’re a Blond Gypsy with no Soul ?