[richardmmm]

and so it works again for RITA..........rumor is that there will be terrible damage to oil facilities in Texas, when the news hits, go short with 3 hands at once.

it's amazing that the market can play the same trick twice in such a short space of time.

watch oil drop after RITA's blown out this weekend, no matter what happens on the ground.

[rockdoc123]

$this->bbcode_second_pass_quote('', 'i')t's easy to say after the fact that it all makes sense, but i surprised many people on this and other forums with my perfectly accurate analysis of what oil prices would do post Katrina infact accurate to 5cents on the close this Friday.

[threadbear]

$this->bbcode_second_pass_quote('rockdoc123', '')$this->bbcode_second_pass_quote('', 'y')eah, and it's not just the oil. when you investigate and find out that all those nice logos like, BP, Exxon, Mobile, Texaco are all just parts or controlled by standard oil, and when you dig a bit deeper and find rothchilds and rockefellers or their minions on the board of literally dozens of companies then you start to understand that we are not a democracy but an oligracy

[richardmmm]

$this->bbcode_second_pass_quote('rockdoc123', '')$this->bbcode_second_pass_quote('', 'i')t's easy to say after the fact that it all makes sense, but i surprised many people on this and other forums with my perfectly accurate analysis of what oil prices would do post Katrina infact accurate to 5cents on the close this Friday.

[shakespear1]

Richardmmm

So what are your tea leaves telling you with the latest S&P swoon to 1196 ?

[OilsNotWell]

Seriously awesome rant, Richard.

[richardmmm]

well this prediction on oil played out quite nicely, i still think it is coming down more. there will be bounces but this baby is finished for now. $40 is a definite possibility long term. People have made arguments about $40 still being expensive but just being psychologically cheap which is of course the whole point of the game. $40 also puts a lot of alternatives out of business.

looks like gold is going to $500+, but slightly risky short term to get into at this late stage. Silver is a great trade can easily crack on upto to $9-10, but again very volatile and not for the faint hearted. You'd have to be comfortable printing $1000-$2000 per contract losses to ride this one out initially.

Most funds managers I have read reports on are exiting energies now and going into metals and mining, which should be the 2006 run as the stocks return to the long term down trend they began in 2001/2002.

$1000 gold and $15 silver is definitely on the cards long term.

S&P collapse was needed only to clean out some stagnation in the markets. Negativity is priced in now and after some more breif downside I think we'll see 1270-1300 before the end of the year.

There is never anything to be scared of when the markets make rapid moves. The rapid moves are usually counter trend. It's the slow grinding action that actually produces long term price trends. Those are the ones that keep you comfortable, whilst robbing you of everything you have if you are on the wrong end of it. Right now trend still appears to be upwards on the stocks, especially with bonds coming down in price, the money has to go somewhere.

1270-1300 should be the end of it and the return of the big bad bear in 2006, but it needs a nice run up and some real over confidence so that can happen properly. Otherwise we most likely see the same stagnation continuing, and perhaps the beginning of a slow grind downwards from here, which will be more difficult to get short on, so i am hoping for a blow off top on the indexes.

Right now the bears appear to have control and there is a lot of negativity,so it would be typical for the market to do the exact opposite and catch all the shorts out. I think the moves made over Aug / Sept when a lot of players were on holiday, will simply be repeated over the next couple of months, hopefully with a nice high to get short on towards the end of the year.

I have this theory of what greenspan has been upto which basically has secured loans from the asians at a very low cost.

Drop the interest rates so bond prices go higher. The Treasuries are then selling at a large premium, so $100,000 bond now goes for $115,000.

After locking in huge amounts of treasuries at low interest rates (massive defecit) you increase interest rates, which collapses the price of the bonds back to about 90. So you borrowed $100,000, got paid a premium of $115,000 and only have to repay $90,000.

The clever part is going to be on the metal reserves and bear market for stocks and is the final end game. Having held gold prices low for year and years, run the price of gold and silver to the moon, sell all the metal reserves off at the top and use the money to buy back the treasury bonds which by then will be bottoming around 85-90.

Price of metals then collapses and you buy back your metal reserves.

Net result is the asians get wacked on over priced semi worthless trasuries that they had to buy to keep their currencies competitive.

If it works out the defecit will disappear and the asian manufacturers far from gaining power and economic might will have been tricked into selling the US goods for below cost price subsidied by their local government purcahses of US treasuries wihch resulted in large net losses for their country.

If this works out, it will be the asians with the defecits in 5-10 years time and the US riding mighty once again.

[threadbear]

Great work, Richardmmm. Except about Bush not being a reptile--I have my doubts, and how about Condalizard Rice? The woman appears to be uncomfortable outside of a terrarium, though the exposure to spotlight seems to provide her with the necessary energy to lie lie lie.

If oil goes back down to 40.00 and holds, would you consider this an indicator that geologic peak has been somewhat exaggerated?

[marko]

$this->bbcode_second_pass_quote('threadbear', ' ')and how about Condalizard Rice? The woman appears to be uncomfortable outside of a terrarium, though the exposure to spotlight seems to provide her with the necessary energy to lie lie lie.

[Zentric]

$this->bbcode_second_pass_quote('richardmmm', '
')The clever part is going to be on the metal reserves and bear market for stocks and is the final end game. Having held gold prices low for year and years, run the price of gold and silver to the moon, sell all the metal reserves off at the top and use the money to buy back the treasury bonds which by then will be bottoming around 85-90.

[richardmmm]

don't worry about the politicans, they are just the puppet people, a smoke screen for a much bigger game that is playing out.

the bankers run the show and they ain't gonna give it up to the chinese or asians anytime soon.

they are 10 steps ahead of the game, it's all planned out from long ago.

just like the car companies have their new models lined up for 10-20 years out and it's all a con, so too the bankers have their game lined up. the booms, the busts, the interest rates, the defeceits, stocks, real estate, energies, metals, etc etc, its all a preplanned cycle to make sure the confusion reigns and the power remains in one place.

http://www.marketwatch.com/news/story.a ... F304C38%7D

people are already talking about it, but it goes much deeper than this.

the US is in trouble on paper but it will all come out in the wash, and most other nations esecially the big manufacturers will suffer much worse in the next couple of years.

the US will buy back it's debt much cheaper and although the people of the nation will suffer the power structure stays in place.

it's exactly the same as the chapter 11 games the companies play.

fold the company up, default on the bonds, crash the stock, renegotiate the debt and wages and pension plans etc. then buy back the stock and start again on a fresh slate, brand name intact and company roaring ahead...........look at what happened to Kmart. That's the best example from the corporate world of what is going on in the geopolitical arena right now.

just a giant shake down.