Daily Archives: 21/09/2011

The Crash of Ages has Begun

JERICHO_NUKEthumb

By John Galt September 21, 2011 – 18:30 ET The battle of demographics, logic, and incompetence within the great American economic model is about to come to a head. The aging population with demands on the government for social programs and aid versus the younger, less educated, quasi-Marxist believers are incapable by and large of supporting the elderly, much less themselves. The United States government has demonstrated total incompetence doing the very basic function of balancing the budget and as a result, while wars rage…

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9/21 Gold Says: Short term Deflation with a Worldwide Recession

GOLDMELTING

By John Galt September 21, 2011 – 05:25 ET As many of my readers and listeners know, I am a huge proponent of pattern recognition not just within individual equities, markets, or commodities but in economic cycles also. Despite massive attempts at intervention in Europe and the United States, the actions since the summer of 2010 have been feeble at best, pathetic in reality. The chart pattern for gold was signaling a long term inflationary trend with the potential for hyperinflation until the double top…

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9/21 Tropical Storm Ophelia: A weak storm but worth watching

OPHELIATRACK

By John Galt September 23, 05:15 She looks like she’s fading fast and no further updates after this morning’s advisory will be posted on this storm. September 22, 2011 05:00 She looks like she’s trying to get more organized but shear is strong and the probability of a recurve out to sea via Bermuda is growing stronger. We’ll check this again tonight at 17:00 ET.   September 21, 2011 05:00 This one is forecast to be impacted by massive shear so it may not amount…

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