Winter's Coming

Kondratieff Winter….K Wave …….Kress Cycle….P3……Megasupercycle deflationary wave. You name it whatever you like. It’s essentially an imbalance of debt of historic proportions that has developed and its ultimate outcome is already written in economic stone. It wants your blood. It wants a lot of blood. Its a virtual growing parasitic organism that has grown on the corpse of the world’s free world. It is a parasite so it does not want to kill its host so its attempting to adapt and maintain the heart of its host to continue to pump its precious blood. Unfortunately the host is on its last leg and the revelations in Italy over the increase in its debt rates is putting an additional strain on the patient. Of course death can be postponed with more transfusions and I have no doubt this will occur. But with the current Kabuki theater going on in Congress in the U.S. it may behoove the PTB to inject a little fear and dollar strengthening in the near term. Gold may continue to move up even though the dollar strengthens which occurred during a similar fear move last year during the Eurozone disruptions. We’re getting late in this game gang and the ponzi is encountering increasing difficulty with sentiment. You can push many aspects of their measurements by manipulations but ultimately a stalemate is being reached in this long in the tooth game. Jobs are rolling over. CONfidence is rolling with it. Without confidence you have NOTHING. All of you be careful, we are entering into a zone that can get very volatile quickly. I still like EUO and gold. But this too can roll over. Enjoy the week it should be another week to trade.

Obama is going to get the extension of the debt limit…..MAKE NO MISTAKE. This will goose the market and Precious metals. A little fear will give the pols some cover. The republipukes are NOT going to stand in the way. Its all kabuki theater. You wanna see instant depression just pull the “There will be no extension of the debt level”. hahahaha…… Seriously? Who do you think pulls that string. Not those two bit graft artists. gl all….watch Europe though…..that is going to keep things nervous

Read more at Great Depression 2