I CAN'T BELEIVE WE ARE "DEBATING" HEALTH CARE...

AMERICANS ARE "DEBATING" A UNIVERSAL HEALTH CARE PLAN THAT THE REST OF THE INDUSTRIALIZED WORLD HAS HAD FOR DECADES...!

THIS ISN'T ROCKET SCIENCE...JUST PICK A PLAN THAT SOMEONE ELSE HAS DONE...AND ADOPTED IT...

TRUE...WE NEED A PLAN THAT IS "UNIQUELY AMERICAN"...BY THAT I ASSUME THEY MEAN SOMETHING .... TAILORED TO THE NEEDS OF THE FAT, STUPID, ASSHOLES IN AMERICA...

BUT SO WHAT...?

WHY IS THAT SO HARD TO DO...?

I STILL CAN'T BELIEVE WE ARE DEBATING HEALTH CARE...THAT EVERY OTHER INDUSTRIALIZED NATION ALREADY HAS...

WELL...MAYBE THE US IS NO LONGER AN INDUSTRIALIZED NATION...MAYBE IT'S JUST A BUBBLE WHIZZING...IT'S LAST...SOON TO COLLAPSE FOR THE FINAL TIME...

THERE IS MORE TROUBLE AHEAD TO BE SURE...

ISRAEL "STIRS THE POT"...AGAIN... IT WAS TOO PEACEFUL...!

LEAVE IT TO ISRAEL TO STIR THE POT WHEN THINGS GET "TOO PEACEFUL" ON THE WEST BANK OR IN GAZA...

AND YES...NOW, OF COURSE...THERE WILL BE RETALIATION BY THE PALESTINIANS...

AND THEN A BIG "CRACK DOWN"...BY ISRAEL WITH PLENTY OF WOMEN AND CHILDREN BUTCHERED FOR THE TV CAMERAS IN THE MUSLIM WORLD...

AND NET NET....WHAT...?

MORE OUTRAGED WEALTHY WELL EDUCATED MUSLIMS IN LONDON AND IN EUROPE...?

AND MORE IMPORTANTLY...MORE SETTLEMENTS AND ANNEXATION ON THE WEST BANK...

BUT THAT IS THE WHOLE IDEA...DON'T YOU SEE...?

ZIONISTS MUST KEEP THE OCCUPATION AND ANNEXATION GOING...

AND SLAP THE FACE OF THOSE VERY, VERY FEW NAIVE TYPES...WHO ACTUALLY BELIEVE THERE WILL EVER BE A "PALESTINIAN STATE" ON THE WEST BANK...OR ANYWHERE ELSE...

SO...IS THIS TOO "REAL" FOR YOU...? SO SORRY....

RICH WELL EDUCATED MUSLIM SETS HIS ASS ON FIRE IN DETROIT!!

SO TELL ME AGAIN WHY WE ARE KILLING POOR PEOPLE IN AFGHAN MUD HUT VILLAGES...?

HMMMM....MAYBE TO OUTRAGE MORE RICH WELL EDUCATED MUSLIMS LIVING IN LONDON...?

YA THINK...?

AND, WAS THIS REALLY A "TERROR ATTACK"...AS IT'S BEING BILLED ON THE NEWS...? JUST A "WEIRD INCIDENT"...LIKE SOMEONE PUKING IN YOUR LAP...?

HOW MUCH "TRAINING" DOES IT TAKE TO SET YOUR ASS ON FIRE...? THESE "TERRORISTS" ARE GOING FROM DUMB TO DUMBER... LIKE THOSE BLACK HOMELESS GUYS IN MIAMI- WHO WERE GOING TO "KNOCK DOWN" A BUILDING IN CHICAGO...BUT COULDN'T COME WITH BUS FARE FOR THE TRIP...

WHATEVER! ANYTHING TO KEEP ISRAEL IN THE WEST BANK, I SUPPOSE...

AND OF COURSE...NO MATTER WHAT.... FOX NEWS WILL KEEP BLAMING OBAMA...FOR THE REPUBLICAN DISASTERS...! AND PROBABLY ALSO REID AND PELOSI...!

SO, WILL THIS NEW GUY BE THE "ASS BOMBER"...TO THE OTHER GUY... WHO WAS THE "SHOE BOMBER?"

IS EVERY PITIFUL CRACKPOT NOW A "TERRORIST"...?

THE YEAR IN REVIEW...WE GOT IT...AND PREDICTIONS FOR 2010

BOOKMARK THIS PAGE...

AND COME BACK DAILY IN 2010 FOR WHAT WILL BE A VERY "INTERESTING" YEAR...

GUARANTEED...!!

GLOOM AND DOOM IS THE NET'S LONGEST RUNNING...MOST CURRENT...LEAST "PRIVATE AGENDA" DRIVEN...AND MOST ACCURATE FINANCIAL AND POLITICAL BLOG...SINCE 1999!!

RIGHT HERE...@

GLOOM AND DOOM REPORT!

EVERYONE KNOWS THAT THE LAST TEN YEARS HAVE BEEN AN UNMITIGATED DISASTER...

AND GUESS WHAT? IT WAS ALL PREDICTED...DAILY...RIGHT HERE!

CHECK OUR ARCHIVES...ITS ALL THERE FOR YOU TO SEE... GLOOM AND DOOM TOLD YOU EXACTLY WHAT WOULD HAPPEN AND HOW AND WHY IT WOULD HAPPEN...

TRUE...WE WERE SOMETIMES "EARLY"...

FRANKLY...BECAUSE WE NEVER WOULD HAVE THOUGHT THAT THE US ELITES WOULD ACTUALLY DESTROY THE AMERICAN ECONOMY FOR THEIR OWN GREED...AND THAT THE STUPID AMERICANS WOULD LET THEM...BUT THE 401K FRAUD BLINDED AMERICANS TO THE DANGERS OF THE OUT OF CONTROL ELTIES...

BUT WE UNDER-MIS-ESTIMATED...THE IGNORANCE, CORRUPTION AND SELFISHNESS OF THE INTERNATIONAL ELITES...WHO RUN WALL STREET AND WASHINGTON...

AND SADLY... THE AMERICAN PEOPLE TURNED OUT TO BE MUCH MUCH MORE STUPID THAN WE ANTICIPATED...

HENCE THE "LONG GOOD BYE" TO PROSPERITY IN AMERICA...

CAN ANYTHING SAVE AMERICA...OR IS IT TOO LATE...?

STAY TUNE....IN 2010...

SAVING MONEY FOR A .01% RETURN....?

THE BUBBLE HAS BECOME THE BE ALL AND END OF OF THE AMERICAN ECONOMY...

AS CAN BE SEEN IN THE RATE OF INTEREST PAID ON SAVINGS... IT'S LESS THAN .5%...!! ONE HALF OF A PERCENT...

THIS.... WITH THE MASSIVE MONEY PRINTING FOR THE "NEW" STOCK MARKET BUBBLE...HAS CAUSED MANY PEOPLE TO GO INTO GOLD...

OF COURSE, EVEN THE SLIGHTEST HINT OF "AN INTEREST RATE"...EVEN SOMETHING LESS THAN SAY, ...ZERO...

WILL CAUSE A MASSIVE PLUNGE IN GOLD AND A RUSH INTO THE DOLLAR...!!

GOLD WILL DROP LIKE A ROCK...PROBABLY $50 PER DAY ...! AND THE DOLLAR WILL RALLY MIGHTILY... AS THE "GAMERS" RE-JIGGER THEIR SHORT TERM BETS...EN MASSE...!

BECAUSE, THERE IS NO SIGN YET THAT THE GLOBAL ECONOMY IS READY TO START TREATING THE MONETARY DISASTER IN THE US...RATIONALLY...!

THE PROBLEM WILL BE WITH THE FIRST INCREASE IN RATES...

THE CONVENTIONAL WISDOM IS THAT ONE RATE HIKE .... MEANS MORE ARE COMING... AND THAT PERHAPS THE FED FUNDS RATE WILL RETURN TO HISTORICAL RATIONALITY OF AROUND 5%...

BUT 5% IMPLIES THAT THERE IS A "REAL ECONOMY"...NOT JUST THE VARIOUS ASSET BUBBLES...

WHICH OF COURSE IS NOT WHERE THE US 'ZOMBIE' ECONOMY IS AT...

LIKELY THE FED'S SLAVISH DEVOTION TO "IT'S BUBBLES" WILL KEEP RATES MICROSCOPIC FOR THE DURATION...UNTIL THE FINAL COLLAPSE OF THE DOLLAR...

AND REMEMBER...FOREIGNERS MAY NOT BE THAT IMPRESSED WITH A 1% OR 2% FED FUNDS RATE...AND COULD STILL SELL THE DOLLAR IF THE FISCAL DISASTER CONTINUES APACE...AND REMEMBER...THERE WILL BE NO TAX HIKES ON "THE RICH" WHO ARE THE ONLY PEOPLE WHO HAVE MONEY IN THE US TO TAX...!

THAT HAS BEEN BOUGHT AND PAID FOR BY THE CORRUPT CONGRESS...WHICH WILL NOT BE MOVED...

SO WHEN THE TIME COMES TO BASH GOLD...AND "SAVE THE DOLLAR"...SOME PEOPLE MAY NOT DRINK THE KOOL AID...

BUT WALL STREET WILL...AND THE PLUNGE IN GOLD WILL BE A ONCE IN A LIFETIME BUYING OPPORTUNITY...

REMEMBER THE LAST TIME THIS HAPPEN BACK IN THE 1970'S...IT TOOK A 20% PRIME FOR ABOUT ABOUT SEVEN OR EIGHT YEARS TO "BRING THE DOLLAR BACK...!"

THE "RALLY" IN STOCKS IN 2009 WAS COMPLETELY AND TOTALLY "FED FINANCED"...IT HAD NOTHING WHATSOEVER TO DO WITH THE REAL ECONOMY...!!

NOW THAT IS SCARY...! VERY SCARY FOR 2010...!

KRUGMAN SAYS: "SAVE TINY TIM!" PASS HEALTH CARE REFORM!!

DON'T BE SCREWED BY SCROOGE...

STOP...THE PARTY OF "NO"...!

STOP THE INSANE CLOWN POSSE AT FOX...!

TELL THE PARTY OF "NO" WHERE TO GO IN 2010!

WHY?

BECAUSE "NO" IS NOT THE ANSWER...IN HARD TIMES LIKE THESE

IT'S JUST THAT SIMPLE... AND WHY HAS THE "PARTY OF NO" NOT BEEN "CALLED OUT" ON THEIR SUDDEN AND "HOOVERSQUE"....SPENDING CONCERNS...?

THEIR SUDDEN OBSESSION WITH "BALANCING THE BUDGET" IN THE MIDST OF THE WORST DEPRESSION SINCE THE 1930'S...?

HISTORIANS UNIFORMLY SAY THAT THE DEPRESSION WAS MADE MUCH WORSE BY THE HOOVER BUDGET BALANCING OBSESSION...IN THE EARLY 1930'S...

OF COURSE THE WAY TO AVOID A DEPRESSION ...IS TO KEEP THE REPUBLICAN WALL STREET SPECULATORS AT BAY...TO "TAKE THE PUNCHBOWL AWAY...WHICH DID NOT HAPPEN IN 1929...OR IN THE PERIOD FROM 1999 TO 2008...!

WHY NO TALK ABOUT THIS...?

WHO HAS A VESTED INTEREST IN PERPETUATING THE FOX NEWS/REPUBLICAN BULLSHIT...?

BE THANKFUL FOR THE PROGRESSIVES IN CONGRESS THIS CHRISTMAS

REPUBLICANS PLAN HOLIDAZE "HATE FEST" AGAINST HEALTH CARE...

GOOD LUCK...ASSHOLES...

HOW SICK AND TWISTED ARE THESE PEOPLE...

A BIG FART IN THE FACE OF HISTORY...

BUNNING OF KY DOESN'T EVEN SHOW UP ON THE MOST HISTORIC VOTE OF HIS DISMAL CAREER...WHAT A FITTING END TO HIS TIME IN THE SENATE... HE WAS A "NO-SHOW"...

A FART IN THE FACE OF THE VAST NUMBERS OF UNINSURED WORKING PEOPLE OF HIS STATE...!

SO SAD...SO VERY SAD...

PLEASE REMEMBER... THE FOX "BIG LIES," SICK RANTS AND THE TWISTED THINKING OF GLEN BECK ETAL...WILL NEED TO "CARRY THROUGH" UNTIL NOVEMBER OF 2010...TO "BENEFIT" THE SAD PARTY OF "NO"...

...EVEN AS THEY DESPERATELY "EXPLAIN" WALL STREET LOOTING AND CORPORATE LOBBY GREED TO THE GREAT UNWASHED "STUPIDS" IN FLY-OVER-BUBBALAND...!!

WILL KINDLE REPLACE THE BOOK...?

Will the Kindle eventually replace the book...? Yes!

But the key word is "eventually"...

Yes...the physical book will become a specialty item...like artist's books are today...

The Internet is not only a "print mechanism"...it is also...and more importantly a "distribution mechanism..."

Of course TV did not kill off Radio...or the Movie Theater...as was predicted... But to survive the Old Media need to establish a "niche" that the New Media can not fill...

Radio was more mobile that TV...and today most of us listen to radio in the car...not at home...(except for NPR which is too good to miss)...

Likewise the movies provide a big screen experience...and a social function...as in "dinner and a movie"...that TV could not quite duplicate...

Consider the dating consequences of: "Lets order a pizza and stay home and watch TV..."

So what will the physical book provide that the Internet can't... How will the physical book remake itself...in view of the massive distribution benefits of the Internet...?

Remember cable news...already has pretty much made obsolete the old network news @ 6:30pm...that was a viewing staple years ago...

And further...look at the dismal plight of the local newspapers...they are dropping like flies...!

So the old style book may go the way of the hand written book and the scriptorium...

But likely its still about 50 years off...and who knows real "books" may become as "collectible" as old hand written books from the 14th Century...! So stock up now before the price goes up...!

MARKETS WILL RISE IN 2010...DESPITE THE DEPRESSION ON MAIN STREET...

ALL THE MONEY HAS BEEN HERMETICALLY SEALED ON WALL STREET...THAT WAS THE WALL STREET-WASHINGTON PLAN ALL ALONG....

SO THESE "PAPER ASSET" MARKETS WILL BE "RE-FLATED..."

NO MATTER WHAT THE REAL ECONOMY DOES...

THE US "ECONOMY"...A/K/A...THE "ZOMBIE" IS NOTHING BUT AN ASSET BUBBLE...

THE SEALING IN OF MONEY VIA GOLDMAN SACHS AND THE FED...INTO THE INVESTING SECTOR...WILL CONTINUE...

ON MAIN STREET IN 2010...THE DEPRESSION WILL GET WORSE...MUCH MUCH WORSE...

CURIOUSLY...MANY REPUBLICANS HOPE THAT THE PUBLIC WILL FLOCK TO THE PARTY OF NO...!! AND THUS REALLY ACCELERATE THE DOWN TURN...!

AND I THINK THEY MAY BE RIGHT... BUT I WILL WAIT AND SEE...I REALLY WANT TO SEE THE RURAL POOR AND UNINSURED...VOTE REPUBLICAN IN THE MIDDLE OF THE WORST DEPRESSION SINCE THE 1930'S...

REMEMBER ...THE DEPRESSION WAS ONLY STARTING ...WHEN OBAMA WAS ELECTED IN 2008...

THE 2010 ELECTION CYCLE WILL BE THE FIRST...THAT IS COMPLETELY WITHIN THE DEPRESSION ECONOMY...AND I REALLY REALLY WANT TO SEE THE AMERICAN "BUBBA STUPIDS" PLUNGE FOR THE REPUBLICANS IN 2010...!

THAT WOULD BE HISTORIC...!

RURAL AND POOR UNINSURED "REPUBLICANS" DON'T WANT HEALTH CARE!!

THE REPUBLICAN "BET" SEEMS TO BE THAT THE RURAL POOR AND UNINSURED...WHO MAKE UP THE "BUBBA BASE" OF THE REPUBLICAN PARTY..."DON'T WANT" HEALTH CARE...OR HEALTH INSURANCE...

TRUE, MANY OF THESE RURAL PEOPLE ARE ALREADY ON MEDICARE AND MEDICAIDE ...A/K/A ..."THE WALMART HEALTH INSURANCE PLAN"....

AND MANY "BUBBAS" ARE UNEMPLOYED BECAUSE THE THE BUSH/CHENEY DEPRESSION AND THE LOOTING OF THE US ECONOMY BY INTERNATIONAL CAPITAL...

BUT THESE PEOPLE WILL STILL VOTE REPUBLICAN...!  WHY?  FOR SOME UNKNOWN REASON A LOT OF STUPID PEOPLE HAVE AN ATTRACTION TO THE REPUBLICAN PARTY...USUALLY IT'S RELIGION TO WIT:   GOD, GUNS, GAYS....ABORTION...OR SOME OTHER BULLSHIT ISSUE THAT REPUBLICANS CAN "SUPPORT" IN AN ELECTION YEAR...BUT THAT REALLY DOESN'T COST MONEY...

THIS ELECTION CYCLE IN 2010...WILL BE A MASSIVE IQ TEST FOR THE NATION...

THE DEMOCRATS ...WHO ARE HAVE A VAST MAJORITY, BY POPULATION, IN THE SENATE ...REMEMBER TINY STATES LIKE UTAH AND WYOMING HAVE TWO SENATORS...JUST LIKE NEW YORK OR CALIFORNIA ... ARE ABLE TO ARGUE RATIONAL POLICY...

REPUBLICANS RELY HEAVILY ON AM HATE RADIO...AND THE INSANE CLOWN POSSE AT FOX NETWORK...THE RUSH, CHENEY, HANNITY, COULTHER AND BECK CROWD...TO PUSH THE "BIG LIE" THAT IS REPUBLICANISM...TO THE GREAT UNWASHED AND UNREAD...

THE BEAUTY OF THE 2010 ELECTION IS THAT IT IS CRYSTAL CLEAR...AMERICANS WILL HAVE A CLEAR CHOICE...NOT AT ECHO... THERE ARE NO REPUBLICRATS...ANYMORE...

IF AMERICANS FALL FOR THE REPUBLICAN/FOX NEWS BULLSHIT...LIKELY THE ECONOMY AND NATION WILL COLLAPSE...

IF AMERICANS EMBRACE PROGRESSIVE GOALS...IN A FEW YEARS...THINGS MAY BE SALVAGEABLE...

FRANKLY ... I AM NOT OPTIMISTIC...  AMERICANS I KNOW ARE VERY VERY STUPID...THEY REALLY ARE "DETACHED" FROM REALITY...IN THEIR OWN LITTLE STUPID FANTASY WORLD....

MOST OF THEM ARE REALLY CHILDISH...NOT ABLE TO ARGUE A POINT...THEY TEND TO KNEE JERK AND STICK WITH THEIR IRRATIONAL VIEWS...  A LOT OF THEM ARE VICTIMS OF RELIGIOUS THINKING...WHICH IS JUST BULLSHIT TO JUSTIFY THEIR DEGENERATE LIFESTYLE....

AMERICANS SIMPLY PUT...ARE A HOPELESS PEOPLE...  TRUE THERE ARE A FEW OF US...WHO ACTUALLY READ BOOKS...QUITE A FEW IN FACT...BUT MOSTLY CONFINED TO THE COASTS AND THE LARGE CITIES...  

THERE ARE A  FEW "INTELLIGENT PEOPLE"  IN SMALL TOWNS...  YES, WE KNOW YOU ARE OUT THERE...

BUT YOU ARE VASTLY OUTNUMBERED BY THE ASSHOLES AT THE BURGER KING...I KNOW HOW THAT GOES...  RIGHT?

BOTTOM LINE...  LETS SEE HOW MANY VOTES GLEN BECK CAN REALLY DELIVER TO THE "PARTY OF NO" IN NOVEMBER...

IF THE REPUBLICANS GET THE ABILITY TO BLOCK EVERYTHING...

I MAY SERIOUSLY REVIVE MY EFFORTS TO GET THE HELL OUT OF HERE...

AMERICAN ZOMBIE ECONOMY WILL NOT "CREATE" JOBS...

OBAMA WILL HAVE TO RESORT TO 1930'S STYLE JOB CREATION...

CCC CAMPS REDUX....

THE US ECONOMY IS A ZOMBIE...IT'S NOT REAL IN ANY WAY...

THE NOTION OF ANYTHING BUT MARGINAL LOW WAGE JOBS IS FOOLISH...

GOLD DECLINES CONTINUE FOR REST OF 2009...

THE SHORT SQUEEZE ON THE DOLLAR ...WILL CONTINUE FOR THE REST OF THIS YEAR...

BUT SHOULD STOP AFTER THE HOLIDAZES...

THERE IS NO LOGICAL REASON FOR THE DOLLAR TO BE STRONG AND GOLD TO BE WEAK...EXCEPT THAT THE TRADE BECAME A NO-BRAINER...AND WAS ADOPTED BY THE SPECULATIVE COMMUNITY ON WALL STREET FOR THE LAST HALF OF 2009...

FOR REAL INVESTORS THIS IS A GOLDEN OPPORTUNITY TO GET INTO GOLD...ON TECHNICAL FACTORS... GOLD'S NATURAL RISE SHOULD CONTINUE SOON...

BUT IF IT BECOMES THE FAVORITE OF THE HOT MONEY RUNNERS AGAIN...ANOTHER CORRECTION COULD BE EXPECTED...

EVERY DOWN DAY FOR GOLD IS A GIFT TO REAL INVESTORS...WHO KNOW THE US ECONOMY IS A ZOMBIE...AND IS NOT "COMING BACK" ANYTIME SOON...!

OR...WOULD YOU REALLY RATHER HOLD STOCKS AND BONDS...LONG TERM?

NO WAY...!

AFTER THIS YEAR YOU CAN SAY ITS : "TWENTY TEN"...!!

THIS NEW YEAR WE CAN DROP THE HABIT OF SAYING THE YEAR THE "LONG WAY"... TO WIT: "TWO THOUSAND AND NINE..."

BACK IN THE GOOD OLE DAZE OF THE 20TH CENTURY WE WERE ABLE TO SAY..."NINETEEN SIXTY" OR NINETEEN NINETY"....REMEMBER? SHORT AND SWEET.

THE PROBLEM IS HOW TO SAY "ZERO"... IT'S NOT REALLY AN "O"..."OH"...ITS A ZERO "0"....RIGHT...?

BACK IN THE 1900's...THEY STILL USED THE WORD "NAUGHT" OR "AUGHT" FOR ZERO...THAT IS THE WAY KIDS WERE TAUGHT IN SCHOOL TO SAY "ZERO"..."NAUGHT" OR "AUGHT"...

SO THEY COULD SAY: NINETEEN AUGHT SEVEN...FOR 1907....NINETEEN "O" SEVEN...

ANYWAY...NOW WE CAN GO BACK TO THE OLD WAY OF SAYING THE YEAR...NO NEED TO USE A THE LETTER "O" AS IF IT WERE A NUMBER...

NEXT YEAR WILL BE......"TWENTY TEN"..... NOT NECESSARILY "TWO THOUSAND AND TEN".....

SO WE ARE GOOD FOR ANOTHER HUNDRED YEARS...!

POSTSCRIPT:

IS THIS TOO WILLIAM SAFIRE...?

TO WIN IN 2010 REPUBLICAN NEED MORE THAN "NO"...

I REALLY REALLY WANT TO SEE AMERICANS RUSH BACK TO REPUBLICANS AFTER THE PITIFUL "SHOW" THAT REPUBLICANS PUT ON IN 2009...

THAT WOULD BE LIKE THE PUBLIC VOTING AGAINST ROOSEVELT IN 1936...

IT JUST IS NOT GOING TO HAPPNEN...

REMEMBER IN 1936 EVERYONE STILL REMEMBERED HOW REPUBLICANS CAUSED THE CRASH OF 1929...

SO TOO..THE MEMORY OF THE CRASH OF 2008...IS TOO FRESH IN THE PUBLIC PSYCHE FOR REPUBLICANS TO WIN IN 2010...

THE SMART MONEY IS DUMPING BONDS...!

RATE HIKES SEEN BY SMART MONEY...

WELL...DUHHH...!

ANY RATE HIKE WOULD BE BAD FOR GOLD...GOOD FOR THE DOLLAR...BUT BAD FOR STOCKS AND BONDS...

IF RATES GO UP...BONDS GO DOWN... BUT IF RATES GO UP STOCKS SHOULD GO DOWN...AND THE HIGHER RATES MAKE STOCKS "LESS ATTRACTIVE"...

THERE SEEMS TO BE A SENSE THAT THE FED WILL START "MOPPING UP" SOME OF THE ABSURD LEVELS OF LIQUIDITY IN THE SYSTEM IN 2010...AND THAT SEEMS LOGICAL...

AFTER ALL...LIVING IN A FANTASY DOES HAVE A "SHELF LIFE"...

HERE'S THE PROBLEM...THE CONSUMER AIN'T COMIN' BACK...NOT NOW NOT EVER...

AMERICANS A WHIPPED...BUSTED DISGUSTED AND CAN'T BE TRUSTED...!

HENCE THE CREDIT CONTRACTION...OR LACK THERE OF...

SO IF THE CONSUMER IS PUNK...STOCKS SHOULD BE PUNK...AND WITH LESS "FREE MONEY" IN THE SYSTEM..."DOUBLE PUNK!"

BONDS COULD RISE RATES FOR THE FED...BUT THE FED WOULD BE DRAGGED INTO THE FRAY SOONER OR LATER...

AND TRADITIONAL WISDOM IS THAT A DECLINING BOND MARKET IS "BAD FOR" THE ECONOMY...

BUT THE MACRO GUYS IN THE HEDGE FUNDS...LIKE SIMPLE BETS...TWO AXIS...'X' AND 'Y'...

NO NUANCE...IT ONLY CONFUSES THE MODEL...

WHAT IF RATES RISE...BUT THE FED KEEPS THE MONEY NOZZLE WIDE OPEN...?

THIS IS POSSIBLE... WHAT THEN... WELL THE WHOLE THING COLLAPSES AGAIN...

I THINK BERNANKE STAYS LOSE ALL YEAR...ZERO FOR ALL OF 2010...AND LET THE BOND MARKED GO TO HELL...

THAT WOULD DRIVE SOME MONEY INTO GOLD AND OTHER HARD ASSETS...

IT'S HARD TO EXPLAIN A ZOMBIE ECONOMY...

GOLD STILL BEATS DOW AND S&P...THE BEST BUY FOR 2010!!

CLICK HERE FOR GRAPH

THE PROBLEM WAS THAT GOLD BECAME A PART OF THE SPECULATORS SHORT DOLLAR TRADE LAST SUMMER...

AND THE MARKET ROSE TOO FAR TOO FAST...THIS IS ASKING FOR A CORRECTION...

GOLD STILL REMAINS THE LEAST SPECULATIVE OF ALL ASSET CLASSES...UNDER CURRENT CONDITIONS...

AND NOW...INVESTORS CAN BUY IN MUCH CHEAPER THAN JUST A FEW WEEKS AGO...

JUST THE CENTRAL BANK BUYING...IN THE FACE OF AMERICAN MONETARY INSANITY SHOULD BE ENOUGH TO SPIKE GOLD HIGHER IN 2010...

THERE IS STILL MORE TO GO ON THE DOWN SIDE...

BUT THERE WILL BE A REVERSAL SOON...

OIL IS HOLDING UP...AND GOLD IS FALLING IRRATIONALLY... JUST THE OPPOSITE WAS HAPPENING ONLY A FEW WEEKS AGO...

THIS IS A TRADERS MARKET...BUT THE RECENT GOLD DECLINES ARE A GREAT OPPORTUNITY FOR INVESTORS WHO "MISSED THE BOAT" THE LAST TIME TO GET IN...AND AS THE CHART SHOWS...WE ARE SEEING A NICE BUYING OPPORTUNITY...IN A LONG TERM BULLISH TREND...WHICH HAS NOT BEEN DAMAGED OR EVEN QUESTIONED AS YET...

THE ONLY WAY GOLD STAYS DOWN IS IF THE FED HIKES RATES CONSIDERABLY...

AND THAT JUST ISN''T GOING TO HAPPEN ANYTIME SOON...AND WHEN IT DOES...IT MAY BE TOO LATE TO STOP THE INFLATION ANYWAY...

REMEMBER...THE FED "DOES NOT SEE" BUBBLES BEFORE THEY BURST...!!