MUCH OF THE MEDIA BLATHER FROM 20 YEAR OLD "BIMBO EXPERTS" ...ON CABLE TELEVISION IS THAT OIL IS DOWN BECAUSE OF A FALL IN DEMAND...
THAT IS OBVIOUSLY TOTAL BULLSHIT...
THIS CRISIS IS ONLY A FEW WEEKS OLD...MANY PEOPLE HAVEN'T EVEN HAD TO "FILL UP" THEIR GAS TANKS YET...!
THE REAL REASON FOR THE DECLINE IN OIL, GOLD AND MOST ASSETS IS THE COLLAPSE OF THE DOLLAR BUBBLE...PURE AND SIMPLE.
THE ORIGINS OF THE COLLAPSE OF THE DOLLAR CAME OUT OF THE HOUSE BUBBLE COLLAPSE...
THE HOUSE BUBBLE CALLED THE BLUFF OF THE DOLLAR PRINTERS...LIKE GREENSPAN AND BERNANKE.
AND THAT HAS NOW SPEAD TO OTHER "ASSET CLASSES" ...LIKE STOCKS...AND COMMODITIES...AND THE WEIRD DERIVATIVES AND SWAPS MARKET.
AT SOME POINT.... THE BOND AND GOLD MARKET WILL START TO BE IMPACTED...
AS MORE PEOPLE AND GOVERNMENTS REALIZE THE REAL CONSEQUENCES OF THIS DOLLAR BUBBLE COLLAPSE...
THE MASSIVE PRINTING OF MONEY...A/K/A INJECTION OF "CAPITAL" INTO THE BANKS WAS ONLY THE FIRST STEP...
NOW, INSURANCE COMPANIES ARE BEING BAILED OUT...!
SOON PENSION FUNDS! STATE AND LOCAL GOVERNMENTS....!
EVENTUALLY, IT WILL SPREAD TO SOCIAL SECUIRTY , MEDICARE, MEDICAID....
THEN, INTO "STIMULOUS PACKAGES" ....
SO THE AMERICAN GREAT UNWASHED CAN "GO SHOPPING" AGAIN...SINCE THEIR CREDIT CARDS HAVE MAXED OUT...!!
IN SHORT, THE DOLLAR COLLAPSE HAS NO END IN SIGHT...
YES, WASHINGTON AND WALL STREET WILL FIGHT IT...
AND IN THE PROCESS DIG THE HOLE DEEPER...
THE BOTTOM LINE IS THAT IT'S OVER FOR THE US DOLLAR...NOTHING ON EARTH CAN SAVE IT NOW....
THE DOLLAR IS A "MONETARY ZOMBIE"...
IT IS BEING SUPPORTED BY DELUDED FORMER COMMUNIST GOVERNMENTS IN CHINA AND RUSSIA...WHO WILL LIKELY "MOVE IN FOR THE KILL" SOON...
THE DOLLAR IS DOOMED AND THE POX AMERICANA IS OVER.... THE EUROPEANS SHOULD SIMPLY STAND CLEAR....ASAP!!
NEWS THAT GERMANY AND RUSSIA ARE INCREASING BUSINESS TIES...IS ONE WAY THAT EUROPE CAN GO...TO GET OUT OF THE DYING "DOLLAR WORLD."
WHAT NEXT...?
INVEST "AS IF" THE DOLLAR IS TOAST... BECAUSE IT IS...!
AND THAT MEANS GOLD AND HARD ASSETS ARE BUYS...
AND PERHAPS SOME STOCKS COULD BE BARGAINS...PERHAPS SOME REAL ESTATE IS NOW DISTRESSED ENOUGH TO BE LOOKED AT...JUST NOT YET!
IT IS TIME FOR THOSE WITH CASH...TO START MAKING "ABSURD OFFERS" ON SOME ASSETS....
OR TO JUST WAIT UNTIL PRICES COME TO THEM... AND THEY WILL!
IN SHORT...DON'T CHASE ASSETS AT THIS POINT... LET THEM COME TO YOU...!!
PLACE THIS ALL IN THE CONTEXT OF A NEW "POST DOLLAR WORLD" THAT IS DAWNING ON US EVERYDAY...
A VERY VERY CHEAP EURO WOULD BE A GIFT TO DOLLAR HOLDERS...
ANY DECLINE IN GOLD BELOW 700 WOULD BE ANOTHER GIFT...
SWEETHEART DEALS WITH PANICKED BANKS ON REAL ESTATE YET ANOTHER...
BUT HOLD YOUR FIRE...
THIS COLLAPSE HAS A LONG LONG WAY TO GO...!!
WHY?
WELL BECAUSE 90% OF WHATS REALLY HAPPENING HAS NOT EVEN BEEN DISCUSSED IN THE US FINANCIAL MEDIA... OUT OF FEAR OF CAUSING A "PANIC" IN THE PUBLIC MIND...
ALL THE CARDS WILL BE ON THE TABLE SOONER OR LATER...
AND TRUST ME...THINGS WILL LOOK A LOT DIFFERENT AND A LOT WORSE THAN THEY LOOK TODAY...
WE ARE NO WHERE NEAR A BOTTOM ON ANYTHING... EXCEPT PERHAPS GOLD...
THERE WILL BE AN ATTEMPT TO BASH GOLD ON MONDAY IN VIEW OF ITS HUGE SPIKE ON FRIDAY...
BUT ANY DECLINES BASED ON CENTRAL BANK SELLING WILL BE THE BUY OF A LIFETIME...
