By John Galt December 13, 2011 – 23:00 ET In June of this year I warned about an upcoming debt crisis which would add to the pain the European banking system was deeply concerned about: The Other European Housing Crash that has the ECB worried Tonight, Bloomberg-Business Week broke the story into the main stream as now the Hungarians are in revolt against their debt masters: Austrian Banks Facing Payback as Hungary’s Debt Slaves Revolt The piece I penned back in June dovetails nicely into…
By John Galt December 13, 2011 – 16:45 ET Last week’s show was highlighted with this statement: What we could, and probably will face, is not about revenge, fighting, or submission; it is about survival. Tonight, I start the show by warning about the plans should Ron Paul fail to win the Presidency of the United States and the destruction of our Constitution should he not blunt the efforts of the elites and their globalist allies. During hour number two: Part 3/4 of the Doomer…
By John Galt December 13, 2011 – 05:20 ET Yesterday’s price action was violent yet somewhat inconsequential due to low volume other than to indicate that the 1264 level on the S&P 500 cash index is now a hard resistance area with 1220 acting as a strong support region. Consequentially, odds are this trading range will hold for another day or two until the next news driven event causes a massive move up or down in equities worldwide, probably starting in Europe as has been…
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