ancona
Praying Mantis
So, anyone have their crystal ball warmed up? I think we're going to see a massive pump-and-dump starting Monday, and selling off in to Thursday and Friday. We should start to see massive lay-offs, as Christmas returns will have slowed to a trickle, and extra employees become redundant, eating in to those razor thin margins, made even thinner by all those returns that will have to be sold at a discount because the packaging has been opened.
I see another schwacking of silver/gold near-term, as the Brotherhood of Darkness tries to maintain the illusion of fiat strength going in to roll-over season for sovereign debt. Our congressional cowards will remain gridlocked over strictly party lines, stirring a lot of resentment going in to the election. Obummer will not want to see increasing unemployment, so the BLS will be directed to do their numerological magic, showing even more skew in the B/D model and "seasonality" factors.
By May, the facade collapses [at the latest] although we could see a trigger event, such as Greece exiting the union and revaluing the Drachma at 10 -1 euros. This will have the same effect as bankruptcy but without technically being a bankruptcy. An event such as that would explode the CDS market, since the mechanism required to trigger payouts will never happen, as the rest of the periphery joins the drop-out club.
Iran will continue to "talk up" the price of oil, which by the way is exactly what they are doing. It's kind of like a deer fly. They know they do not have the military might to take on the US and her cabal, but they know they can make scary threats and the market simply reacts with emotion, pushing up the price of their product. By falling for their bullshit, we are playing in to their hands. In fact, we are literally giving them money in the form of about a 20% premium [for now, but that could climb dramatically] on oil.
I see another schwacking of silver/gold near-term, as the Brotherhood of Darkness tries to maintain the illusion of fiat strength going in to roll-over season for sovereign debt. Our congressional cowards will remain gridlocked over strictly party lines, stirring a lot of resentment going in to the election. Obummer will not want to see increasing unemployment, so the BLS will be directed to do their numerological magic, showing even more skew in the B/D model and "seasonality" factors.
By May, the facade collapses [at the latest] although we could see a trigger event, such as Greece exiting the union and revaluing the Drachma at 10 -1 euros. This will have the same effect as bankruptcy but without technically being a bankruptcy. An event such as that would explode the CDS market, since the mechanism required to trigger payouts will never happen, as the rest of the periphery joins the drop-out club.
Iran will continue to "talk up" the price of oil, which by the way is exactly what they are doing. It's kind of like a deer fly. They know they do not have the military might to take on the US and her cabal, but they know they can make scary threats and the market simply reacts with emotion, pushing up the price of their product. By falling for their bullshit, we are playing in to their hands. In fact, we are literally giving them money in the form of about a 20% premium [for now, but that could climb dramatically] on oil.