GOLDILOCKS ECONOMY UPDATE ALERT! Live feed...

Things are looking up this morning……There have not been anyore Tsunamis…I’ve lost count of how many reactors are melting down…..the casualty count is in the tens of thousands…..Yes….its a wonderful world and better yet……we have the greatest economy in the world. Its really hard not to be optimistic when you see that kind of news. I’m sure that Larry Krudlow will crow incessantly about how positive this disaster actually is for free market capitalism. After all with TRILLIONS of Yen being added immediately to a debt that is sky high already….how can the Krudlow scenario NOT be good.

Let’s look at the status of reality. As several of the comments have alluded we are going to need a lot stimulus into the system with the fear and dislocations this disaster will create. CONfidence is definitely in a state of confusion in the sheep right now and Ben needs to be on guard. He has announced his POMO schedule and you can count on this coming in AT LEAST on time…with probably a sprinkle of extra juice. I would expect markets here to hold nicely for the next few days. Of course you never know they may feel compelled to make it look “natural” for some reason. ANYWAY it doesn’t matter this is going to force more liquidity into the system and it has to be positive for PMs.

Enery stocks that we play HNR HERO SGY NBR ATPG should catch a bid. Not to mention the relaxation of drilling in the Gulf again. You can only hold the big boyz back so long. After all they do pull the pol’s strings. Its ok do drill drill drill….just like its ok to build nuclear power plants in major earthquake zones right on the ocean where a forty foot tsunami wall can destroy your diesel back up. You see……its all goldilocks.

My assessment on uranium miner stocks is they will be massacred in the short term with great short squeeze opportunities which I may or may not try to play.

My swing trade still says that gold and silver have a bid until May……not straight up but this entire ponzi is crying fear right now and gold should run technically to over 1620 until a good correction. So you play the PMs however you want. As I’ve said and some of you that are more bright….buy the BULLION. You KNOW WHY. But how many of you have? Thats right…..always a reason isn’t there….hehhehe….ok I’ll stop.

UPDATE ALERT…..This has to be brought up at this juncture. This ponzi is on thin ice right now. If the global ponzi hits a liquidity wall it is indeed possible that it could all shut down within the next two days. This is a liquidity crisis that cannot be filled by the printing press. Be aware that if there is a rush for the exits then you can turn out the lights. My advice is very simple here. Make sure you have some stores of food tomorrow and cash this most likely will not be necessary but obtaining some cash and having food stores intact is reasonable. This blog is not large enough to set off any global run on the bank lol…but for my friends and readers this is an event that can spiral quickly. Just a warning. Not a prediction. I still expect the Bernank to keep the game going.

live feed….

http://www.ustream.tv/channel/nhk-world-tv

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