by John Galt June 4, 2013 05:00 ET To understand the rage and news from Turkey and the alleged “Turkish Spring” being promoted by some websites and commentators, one has to have a deep understanding of the friends and enemies the nation of Turkey has acquired in eighty plus years of independence and Westernization thanks to Mustafa Kemal Atatürk. In the West, the British still resent the Turks for their unwillingness to take up arms against the Nazis in World War II. Believe…
by John Galt May 22, 2013 05:00 ET Over the last six plus months, I have penned two articles about the Assassination of Ambassador Christopher Stevens and “The Other Truth about Benghazi,” both of which were fairly simple to understand when one realizes the level of corruption and financial incest occurring inside the nation’s capitol. To this day not one national talk show host nor political animal has asked the most important question remaining in the investigation which will topple the regime in D.C.…
by John Galt May 9, 2013 05:00 EDT Yesterday afternoon, a brave group of whistle-blowers gave testimony which some considered explosive, I would consider just plain brave (from CNSNews.com): Throughout the entire Libyan “revolution” ignited by quite possibly a teaming up of Saudi, Qatari, U.S., and U.K. intelligence resources, there were several factors which for a lack of better words “smelled quite rotten’ and had everyone scratching their collective heads. The questions that stood out in Europe and the United States related…
by John Galt April 30, 2013 20:00 EDT With all of the coverage of the Saudi national on Glenn Beck’s radio show and news website TheBlaze, I thought the following information might be a timely reminder….. As if you did not know this, remember this scene and the words of the man known as “Deep Throat”…. A tad dramatic? Perhaps, perhaps not. I wish for my readers to consider the actions not just of the CIA and entire United States Justice…
by John Galt April 19, 2013 05:30 EDT Amazingly enough the Federal government can probably document what color my underwear I wore yesterday, what I ate for lunch, and every phone conversation I had but now that the trial concerning alleged Al Qaeda terrorists is about to begin there is a sudden and mysterious computer crash with no back up of confidential information at the Department of Defense. What is even more interesting is that this happens with numerous Saudis who have ties to…
by John Galt April 17, 2013 20:00 EDT In an unscheduled meeting today, Obama met with the Saudi Foreign Minister to allegedly discuss the crisis in Syria. The problem is that originally, he was scheduled to go to Boston according to media reports last night then suddenly he stayed in Washington, D.C. The question is, was this really about Syria? After all, who can forget this picture: Ever since the meeting in Saudi Arabia with the Crown Prince in 2009, Obama’s foreign policy has…
by John Galt April 15, 2013 17:30 EDT I pray for the victims of this terrorist act in Boston and our nation as the details of this heinous act come to light. However, I must sadly state that I fear more about what our government will do in reaction to this terror attack, than the consequences of an Islamofacist terrorist acting against me or my family at this point in my life. Nothing but sadness befalls me that I must think in such a…
by John Galt April 6, 2013 13:45 EDT This is a small hint but tomorrow’s action when more markets are open will tell if the world wide sell off accelerates. Today’s market was down 64.36 or 0.90%. (Chart from Bloomberg.com)
by John Galt March 31, 2013 11:00 ET Happy Easter to all! I find this morning’s action overseas quite interesting, as some of the major players in the Middle East equity markets sold off with no apparent cause or news event. Are they sending a message about the start of Q2 in the inept, corrupted, and manipulated Western markets? We’ll find out soon enough as the second quarter begins and the insanity of our centrally planned economy either bears more fruit of false…
by John Galt December 30, 2012 15:00 ET So how did I do? First, unlike many bloggers, prognosticators, commentators, and hosts, I will refer to my predictions for this year that is about to end by reminding everyone they can see my mistaken and correct predictions of doom in this thread from my radio show and in this thread: JohnGaltFLA.com Predictions for 2012 Let’s break this down, section by section and score it by +1 for correct, -1 for…
by John Galt October 31, 2012 05:00 ET As the story about the death of four brave Americans doing what their nation had asked of them, at least from a government perspective, fades into the noise of the 2012 elections and the monstrosity known as the mainstream media, the question which must be asked is staring everyone in the face: Did President Barack Obama order the assassination of the United States Ambassador to Libya and the subsequent cover up? The supposition…
by John Galt October 22, 2012 19:18 ET Peace in our time. It was a famous promise inferred by a man who was as responsible for the start of World War II as the Germans and Japanese. By failing to rebuild his nation’s arsenal and modernize it when their leadership was warning in the mid 1930′s, Chamberlain guaranteed the war which Hitler sought. The ignorance of the implications from the Spanish Civil War and the practices of modern warfare horrified his…
By John Galt September 18, 2012 – 19:00 ET Doom? Ha. The economic and geopolitical hell I am about to unleash along with our future Gestapo will make the a fore mentioned look like the female reproductive systems of the Communist Ladies Association. Tune into DOOMER TUESDAY at 8 p.m. ET tonight to find out more… Just click on the banner below to find the various audio players to listen or to participate in the chat room with like minded Americans.
by John Galt September 17, 2012 17:45 ET - …. . / .– — .-. .-.. -.. / .. … / .- – / .– .- .-. / .- .-. . / -.– — ..- / .–. .-. . .–. .- .-. . -.. Welcome to the feelings of Europeans in August of 1939. You have been warned so tune in at 8 p.m. ET by clicking on the link below AND…… PARTICIPATE: Click on the banner below to find…
by John Galt September 12, 2012 23:00 ET The following scenario is an unforeseen theoretical outcome for what could happen should Israel attack Iran; and in this writer’s opinion the most terrifying outcome for world peace and the United States of America I could ever imagine. I feel this particular scenario must be put into consideration as the prophetic and geopolitical implications of such an outcome would change how all of us live the remainder of our lives out in this country. …
by John Galt June 16, 2012 07:15 ET Prince Nayef bin Abdulaziz Al Saud, who became heir to the throne last year at the age of 78, has passed away. He was also the head of the country’s interior ministry and considered a hard core traditionalist willing to work with Western governments while demanding non-intervention from world powers in Saudi Arabian affairs. The Crown Prince’s passing now brings a wee bit more instability to the region as the new successor must be found…
by John Galt June 3, 2012 07:50 ET Here we go again. With the Saudi market bouncing back into a positive move for the day, albeit small (0.34%) and looking to close relatively flat there was some hope that the markets might recover in the Middle East to put a floor under U.S. collapse on Friday. Unfortunately the rest of the region is down but not as bad as the TASI yesterday so it would appear everyone is waiting to see what Asia…
by John Galt June 2, 2012 14:00 ET For some reason, I don’t think the Royals wanted to follow the lead of the U.S. and its inept leadership in the financial markets like this: No, my readers are not staring at a misprint, the Saudi Arabian TASI collapsed 4.22% in its Saturday session. The implosion in U.S. equities on Friday apparently has angered the camels of the Kingdom and based on the opening 5 minutes of trading started a stampede into safety.…
by John Galt May 13, 2012 11:30 ET In a move which is designed to rebuff Iran militarily and the West economically, Bahrain is expected to announce a closer political union with Saudi Arabia during a summit of Gulf Cooperation Council (GCC) to be held in Riyadh tomorrow. The approach is expected to be part of a broader GCC initiative to develop a European Union type of political and financial union which will draw on the feelings of the people wishing to re-establish a…
by John Galt April 15, 2012 10:15 ET Don’t worry, be happy. The markets will turn around just as soon as Uncle Ben proclaims “We are the World” (Catchy song title, eh?) and buys every equity from any exchange on the planet Earth. The Saudi Arabian TASI seems to indicate further pain for Asian and US equity markets on Monday: (click on thumbnails to enlarge graphs) With the Israeli TASE down 1.80% it doesn’t look like any serious relief is forthcoming when Japan and…
by John Galt April 8, 2012 11:00 ET The anticipation building up for the open of U.S. futures tonight is highlighted by the action in the Israeli and Arab markets which were open for trading today. In lieu of the non-farm payroll data, the theory is that there will be a decent sized plunge at the open of the US markets. The Saudi market probably illustrates the pattern the S&P 500 and DJIA will probably take; a sharp dive at the open with an afternoon…
by John Galt March 18, 2012 09:00 ET America’s preoccupation with starting a war with Iran ignores the reality of the Theocratic dictatorship on the other side of the Persian Gulf opposite of the nation which calls us the “Great Satan.” Saudi Arabia has a long history of purchasing Christian children as slaves from Sudan and other East African nations, oppressing all non-Islamic religious views, and enforcing the Wahhabi sect version of Sharia law. Per the news website Arabian Business on March 15, the Saudi…
by John Galt January 15, 2012 19:55 ET The United States had promised the Kingdom of Saudi Arabia assistance with the construction of a nuclear facility for “peaceful” purposes during the Bush administration back in 2008. However, the lack of follow through by the inept Obama administration leads the world a step closer to disaster as our once closest “ally” in the region now is solidly an agent for the Communist Chinese government: Kingdom, China ink nuclear cooperation pact (click on the link above…
JohnGaltFLA Predictions for 2012 By John Galt January 1, 2012 – 17:00 ET I. Geopolitical Predictions 1. The United States constructs a new large military base in Columbia near the Venezuelan border in anticipation of the collapse of the Chavez regime. The new focus on South America is seen as a desire to refocus American foreign policy as the Middle East rejects any further interference from the United States. Columbia welcomes the action as it intertwines the U.S. into their internal conflicts and…
By John Galt December 30, 2011 07:50 ET Buckle up. 2012 is almost here. Last year I was so-so in my predictions and for 2012 I probably will be also. If you are meek put on your Depends for this show or just assume the fetal position when the theme music stops. In the first half hour I’ll cover the news of the day, the financial news and then begin the prognostications which cover geopolitics, sports, U.S. politics, the economy, weather, and whatever else I…
By John Galt December 17, 2011 – 23:45 ET When the nation of Saudi Arabia insisted the GCC invade Bahrain to crush the Shiite protests, the West went back to sleep and assumed the discontent was pacified or stifled and this strategic tiny nation in the Persian Gulf would not reappear in the news cycle. Unfortunately for the House of Saud, that is not the case as this story from Al-Jazeera explains: ‘Several injured’ in Bahrain clashes Excerpt: Bahraini police have clashed with anti-government protesters,…
By John Galt December 4, 2011 – 21:45 ET Two stories from Reuter’s African news wire tells the tale of trouble that so many of us warned would be a result of these “popular” uprisings. The first story is straight out of the conflict of cultures under way in the nation of Tunisia: Islamists and secularists in Tunisia stand-off Last I checked, from this particular blog, all I can say is: But hey, who am I to say that? Oh yes, that guy who warned…
By John Galt November 16, 2011 – 17:50 ET In an article back on March 25, 2011 and on several podcasts, I warned about the ring of fire surrounding Saudi Arabia and the instability being instigated by the Iranians and their Shiite allies working to weaken the House of Saud and its influence over the region. Fast forward to the news from the Kuwait Times today and the exploding corruption scandal which appears to be awakening an Arab Spring type of demonstration in one of…
By John Galt September 26, 2011 – 13:00 ET The rumors of Qatar, Kuwait, Dubai, etc. promising to bailout or assist the European Union is about as prescient and factual as the idea the blue fairies will descend from the heavens and sprinkle pixie dust on the citizens of the world and make everyone feel better about being poor and hungry. The reality is that the Arabs have their own problems, so severe in fact that Saudi Arabia gave women the right to vote in…
By John Galt September 15, 2011 – 18:00 ET The United States has elected to neglect, ignore, and bypass the fruits of the ignorant, rookie laden Hillary Clinton State Department by turning the other cheek as a new arm of Al Qaeda found the freedom to expand into the most dangerous region in the world. The emergence of a jihad movement in the Egyptian Sinai region illustrated their recklessness with the attack last month on the Israeli border but the danger expands far beyond that…
By John Galt August 20, 2011 – 08:30 ET And the selling continues with the Saudi markets failing to hold the psychological level of 6000 and down 164.47 points as of this posting. The selling worldwid appears to be snowballing into a potentially ugly event Sunday night and Monday which will end up on America’s doorstep once again. (Chart from btflive.net) Update: Closed on the day -2.58%. Well below the magic 6000 level for investor confidence. Next up is a retest of the 5000 mark.
By John Galt August 9, 2011 – 04:45 The chart of the Saudi Market (live chart from BTFLive.net) says it all: The entire region appears to be falling not just following our markets but due to the total collapse in world oil prices. This could be a sign of a major break in world markets to come.
By John Galt August 7, 2011 17:20 ET Breaking hard on the wires now. Waiting for King Abdullah bin Abdulaziz al-Saud to start his speech any second now. (Click on link to Reuters flash via title): SAUDI KING ABDULLAH SAYS EVENTS IN SYRIA UNACCEPTABLE – STATEMENT 07 Aug 2011 21:04 Source: Reuters SAUDI KING ABDULLAH SAYS EVENTS IN SYRIA UNACCEPTABLE – STATEMENT READ OUT ON AL ARABIYA TV from Al-Arabiya News: Saudi envoy to Syria called on for consultation: King Abdullah Monday, 08 August 2011…
By John Galt August 6, 2011 I wouldn’t get too excited about today’s 5.46% drop in the TASI (Tadawul Stock Exchange) in Saudi Arabia as they are the largest holder of US Treasuries in the region. Sunday, when many of the markets who have been closed due to Ramadan, will re-open and that will be the true measure of the reaction to the S&P ratings action. In the mean time, here are some pretty charts now that the Saudi markets are closed including a wild…
By John Galt August 3, 2011 On the August 2, 2011 edition of the Glenn Beck radio program, he began a postulation that World War Three would begin in Libya and the distractions created by that might be sufficient to change the balance of power in the world. The theory might sound justifiable considering the situation on the ground there but the facts do not bear out any logical reason for a major world conflict to start in that country. The conflict is basically of…
By John Galt July 31, 2011 I don’t think they are buying the hoopla either. This could be a very interesting day if the futures open up huge then fall dramatically if it turns out that this is another lemon from the D.C. lemonade stand. Here’s a quick snapshot as of 09:00 ET:
By John Galt July 28, 2011 Thank you Front Page Magazine for pointing out this terrifying endorsement of child rape and pedophilia which is still endorsed by the” Religion of Peace” and their Sharia adherents. The excuse that “well Muhammad did it, so it must be okay” overlooks the horrifying implications of this behavior and many other aspects of acceptable actions within the “Religion of Peace” including honor killings like this story: Father kills six daughters in Faisalabad for having relations with boys Faisalabad, July…
By John Galt July 6, 2011 Despite the belief that all is well and the election will pacify the populace, the collapsing Egyptian economy along with discontent about Arab policy towards Israel and the West has brought the people back into the streets of Cairo, this time with very little coverage from the U.S. networks or commentary from the Obama administration. The story from Reuters/IRIN this morning, More Protests in Cairo’s Tahir Square, highlights the anger and frustration of the masses after months of corruption…
By John Galt July 5, 2011 The story from the newspaper Emirates 24/7 via AFP should be worthy of a little attention and should be a cause for concern as things heat up in the Middle East: Iran ready to close Strait of Hormuz: General Published Monday, July 04, 2011 Iran is ready if threatened to close the Strait of Hormuz to ships linking the Gulf to international markets, Revolutionary Guards commander General Mohammad Ali Jafari told Mehr news agency on Monday. “In light…
By John Galt June 20, 2011 It would appear some of the Middle East stock markets smell the liquidity crunch about to hit due to the potential Eurozone collapse. Here are some of the larger markets this morning:
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