by John Galt May 20, 2012 21:30 ET After months of haggling, arguing, and bullcrap (much like the Federal Reserve’s nonsense) I have abandoned efforts to make the blovel/novel, “The Day the Dollar Died” which I first published in November of 2009 an online novel for purchase. Needless to say it was a huge success years ago and my readers need a refresher as to what can and probably will happen due to bankster incompetence when all is said and done. The names…
By John Galt September 25, 2011 – 23:00 ET The Historical Circle of Economic Mistakes is now Complete For once in my life, I wish I had some doubts as to my calculations and ideas being incorrect. While many may disagree with the conclusions I have ascertained, the truth is that the macro or big picture review from a historical perspective appears to have repeated itself right down to the arrogance of the financiers and the ignorance of the political elites. For the loss will…
By John Galt September 12, 2011 – 03:30 ET Oh the bloodbath and brutality of it all… (all via YahooFinance) INDIA: HONG KONG: GERMANY: FRANCE: Oh, and the USD/EUR: Oh, and FYI, per breaking news on Bloomberg just 5 minutes ago: CDS in 15 European countries have hit the highest levels EVER. Lehmanpanic may now ensue………
By John Galt September 12, 2011 – 00:45 ET Bad real money, bad. Spank you I shall, spank you. Sigh. Yes, the stupid are now sending an S.O.S. And yes, much like one of my old talk show idols, ABBA does rock, IMHO. Then again so does Rush, Iron Maiden, and Mendelssohn, so please do not judge me by one video, LOL. The ChiComs realize the truth behind the gold reality tonight via China Business News: Contrarian analysis of gold sentiment is bullish Gold’s sentiment…
By John Galt August 7, 2011 10:47 ET CNBC just broke the story (click on the title to read the story in full): Dollar to Be ‘Discarded’ by World: China Rating Agency By: Ee Sing Wong The man who leads one of China’s top rating agencies says the greenback’s status as the world’s reserve currency is set to wane as the world’s most powerful policy makers convene to examine the implication of S&P’s decision to strip the United States of its triple “A” rating. In…
By John Galt August 5, 2011 The efforts by the JCB and SNB appear to have started to flail wildly and the lack of follow through by the ECB to save the markets was noticed around the world yesterday prompting and accelerating the currency and solvency awareness crisis worldwide. Watch the chart of the EUR/CHF after 7:30 a.m. ET and if it turns up sharply odds are the Fed, ECB, and SNB decided on a coordinated intervention on behalf of the European banking system by…
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By John Galt August 4, 2011 Sex sells. Then again so do bears. And well, today….. Today is going to leave a BIGGER mark. Tissue anyone? Buck up boys and girls! If you aren’t in you didn’t lose, cry, or sweat profusely like Cramer’s forehead. Just a reminder as to why I did this video in June because technical patterns do mean something: To call into the program dial: (877)213-6404 or (812)307-4363. Just click on the banner below to find the various audio players to…
By John Galt August 2, 2011 Boom. No comment is necessary. (Top two charts from INO.com) Another all time high against the dollar…. BOOM! USD/JPY Maybe the Japanese will open up internment camps near Fukushima for anyone insane enough to buy dollars instead of Yen. That’s just brutal. Oh, and a death knell. Welcome to EpicFailureland. (Chart below from Yahoo Finance) I’ll have more tomorrow and on tonight’s show but let’s just say the Obama Economic Miracle is officially over. Now the next really super…
By John Galt August 2, 2011 Today is going to leave a mark. Tonight we’ll discuss the implications of what happens if we see a massive market failure tomorrow and through the end of the week. the hilarity of the “victory” proclaimed by America’s Cheese Eating Surrender Monkeys, and final prep runs should we see the Epic Fail which is entirely possible at this point in time as Europe collapses. To call into the program dial: (877)213-6404 or (812)307-4363. Just click on the banner below…
by John Galt November 18, 2009 The following story is a potential fictional time line for the day the dollar died. I hope not to instill fear or loathing but to give everyone some perspective on a POSSIBLE outcome which does not really take much of a reach to come to any conclusion. Despite popular belief and promises from those who wish to rob you of your savings and investments, the collapse of the dollar might just be an event measured in hours, not days…
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