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Maya @ 20:47 pm on August 29, 2010
That’s exactly what we heard from Edgar Cayce already … big parts of america under water.
“Watch New York, Connecticut and the like. Many portions of the east coast will be disturbed, as well as many portions of the west coast, as well as the central portion of the United States. Los Angeles, San Francisco, most of all these will be among those that will be destroyed before New York, or New York City itself, will in the main disappear. This will be another generation though, here; while the southern portions of Carolina, Georgia, these will disappear. This will be much sooner. The waters of the Great Lakes will empty into the Gulf of Mexico.”
Disturbing …
Deadeye, Depbreather, Forliberty @ 20:44 pm on August 27, 2010
Both Dems and Rps are puppies of the same master(s). Imho they all know well what is to come – with in the end wide spread destruction of our values and lifes.
What we/you can do?
I’m a believer in cycles. The longer I am ( a believer in cycles) the more I have given up in trying to fight again the coming storm. That storm is already brewing out there and there’s no way to stop it anymore. It is already in full force. That is what you need to see. And you will only see it as a whole in pulling up the bigger picture … cycles again.
Now you can try to be a hero or try to be Seth – but you won’t stop the coming storm anymore. This system is doomed to go under (or at least changed in an major way) and in the end you will have blood in the streets and civil war and unrest etc.
All you can do is to start to prepare and protect yourself and your family and friends and all you love.
And especially take care (= educate) of our kids – as they need also to be prepared for hard times, with brother fighting against brother and no food and no jobs and no security out there anymore.
In other words – stop trying to fight the storm and waste time, as it is already underway!
Instead prepare your community members for what is left after this whole system went apeshit. A good start is to imagine how life will be, once most shops and malls are empty and gangs and local militias will protect what is left.
In my book that will come as sure as hell – I just can’t tell you when it will come. You choose the time frame – 2014-2016? or 2030-2035 or even as early as 2012-2013?
You won’t stem the storm – but possibly you can “stem” some of your family and community members.
In my experience – without much luck. As they are mostly busy with their daily “feel-good-viagra” pills. The next elections will prove that not much changed. The sheep and lemmings will continue to be mislead and choose between the two big parties. While below the surface they are both the same wolfspack – with just two different masks.
So what is left to do? For Seth?
Again: you won’t stem the storm – but possibly you can “stem” and prepare and educate some of your family and community members.
The major problem – in which locations will be the most damage? Very difficult to predict imho.
Hence I think a central education strategy should be the ability to live like the nomads. Possibly in the mountains and woods. One of the hardest ways of life – on the other hand one of the most flexible. With flexibility possibly one of the most important needs in coming decades. As things could change dramatically within the shortest timeframes. And eventually you have to leave a place with sack and pack – overnight. In deepest winter eventually.
Once you start thinking the way desribed above – your whole life approach will become completely different. Nothing will be like before anymore. Though with no need to become depressive – just the very opposite is true: only the strongest (physically and mentally) will survive. Hence work and preparation and education and .. and … and … starts tomorrow. It could be the title and content of a book or website like “how to survive the coming storm …”
You think I’m kiddin’ …
No – I don’t.
A reversal here to come ?
As already outlined in my Roadmap to Armageddon and in reference to this post the odds are for a reversal here – or around Tuesday.
August 17-21 is/was the UCT low – and around Tuesday 24th next week is full moon, where – eventually – we get a second test of the lows.
We didn’t reach 10K for the DOW but with 10147 we were not that far of. That’s 574 pts or ~5.3% of the highs from August 9th at 10721. In similar fashion DAX lost 330 pts or 5.2% from 6317 to 5987.
Question: If this was a wave 1 and 3 and 5 still co come – how much lower we will end finally? I’ll leave that to the EWers. My guess would have been from top to low minimum 11.5% – that is minimum around 9500. If you trade these waves correctly – you should make make around 15%. Wild estimates of course.
Back to the markets – Same way down were yen-crosses, all anti-dollar currency pairs, crude, NG etc were considerable lower then 2 weeks earlier. UP were only dollar, Bonds and Gold.
Further we had 2 Hindenburg Omens.
And a lot of more bad economic news.
All of which confirm this is/was a wave 1 of III decline.
At least in my book.
From here up – or smoothly up, or sideways – into the next turn dates – which sit in September 8 new moon and September 5th UCT 1xH.
Aka the 2 of 5 of a wave III.
Accordingly guess all markets which lost last two weeks – will correct some of their losses. I’ll leave it to you to guess how much of a retrace.
In general I would be very careful with longs – as in a wave 3 decline, you never know how long the corrections will be – and you could all of a sudden get the next sharp wave south.
So either leave these markets for a weak, or have only intraday longs – or have only very small positions overnight with stops. Never in a wave 3 decline have longs with no stops.
I think my strategy will be modestly longs intraday – especially during / towards the POMO days – and short the highs of minor waves. Main strategy “Sell resistance and close at support – though not shorting momentum moves north”.
Expect some sort of abc correction – a few days north, then a smaller correction, and then another move north. Accordingly you have a guide line for setting up short positions.
In general I view this 2 of 5 as an exceptionally good opportunity to load again shorts at higher levels for the nasty sharp move south thereafter.
As for Gold:
Not sure what it will do – as you well know – it went opposite the majority of markets. As of Friday Gold was approximately 15-20 bucks higher than on August 9th. So while markets went south – Gold and Dollar and bonds went higher. Save-heaven assets.
So – if everything turns – at least I would be very careful.
Where as my guts tell me that eventually also Gold and Silver will creep higher coming next 1-2 weeks.
Yet again – hence for Gold no projection.
What comes to mind is the Stalkers prediction – gold will not see 1300 before Labor day.
Sounds bullish – not?
Also the HUI didn’t perform that bad last two weeks – hence slightly favoring higher gold. But that is just a very wild guess.
As for yields:
Since months you have pundits out there calling for bonds to peak and yields to bottom.
They were all wrong. Bonds went higher and yields lower.
Coming two weeks we might eventually see a smaller correction and I guess the lows will be seen either in the 2 weeks to follow – or even later after the 5th of this III which is later in October. Have in mind that it doesn’t pay to fight the FED which is very active these weeks and months ahead of elections.
So to short bonds possibly not a play with much profits to be ween.
Though wait once we have seen the election – and/or we have seen the lows.
That will be a several months lasting bond decline and great trading opportunity.
But not yet.
Similar for the yen. BTW on top of my chart list is the USDJPY chart – 3h – with its bullish falling wedge.
Maybe this wedge is already broken next week. Though I won’t expect a sharp rally, but more of a bottom out process. Anyway sharp selloffs of USDJPY should be bought. Similar sharp moves higher from bonds should be sold.
Guess these are the most important points I have to make for coming 2 weeks.
And keep in mind that we could have an inversion – and hence immediately or after a false pop a continuation of this wave 3.
So – charts lead the way – and not this post.
And as usually – always DYOD – as I could be very very wrong.
Next week
Tue Existing Home-Sales
Wed New Home Sales and Durable Goods orders
Thu Jobless Claims
Fri GDP
Thereafter
Thu Sept 2 ECB decision
Fri Sept 3 NFP – the b of abc to happen?
Wed Sept 8 BOC decision
Thu Sept 9 BOE decision
gl & gt for coming 2 weeks.
My lastest …
Roadmap to Armageddon … hehe
No honestly – it IS a road map to Armageddon.
You better start preparing – yourself and especially your kids.
Because it’s a long way into 2035 – where the next major low sits.
Last chance to get on board …
Several markets are rolling over … and don’t get confused or mislead by todays action because of the FOMC, which likely will be sust some short term chop chop …
Just have your position and come back 1-2 week later!
goldielocks @ 15:48 pm on August 5, 2010
That is nothing but a – serious though – wake up call.
Got you farm in the hinterland, with a community to defend it?
That’s the way K-winter works.
If you are right – that number is already even worse.
Ipso – still waiting; highly likely I’m gonna buy (up until my ears) after August futures OE.
Some rumors flying around – see my thread – that eventaully this weekend (or this month) Isreal attacks Iran. Maybe for that reason I’m gonna long crude and (paper) gold over the weekend, after NFP report. But I have anyway still all my coins. Have in mind, that it is just speculation.

