Higgenbotham wrote:Added some red lines to the above chart. These are all 59 weeks apart, except for one set that is 43 weeks apart (from April 2010 to February 2011). Next week looks to be 59 weeks. Some of the runs into the highs look to be about 12 weeks and this week looks to be week 12.
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Based upon this chart, with the consolidation taking place, I am predicting the SP tops out in the 2075-2125 range. Or it could peak around 2350-2425 range, I'm going with those two, then its all done.
And clearly, somebody in Washington thinks that a nuclear war can be won, because otherwise, why would they change the war doctrine so that nuclear weapons cease to be a retaliatory force and become a first-strike weapon? Why would they build antiballistic missiles and put them on Russia’s border and on ships in the Black Sea and South China Sea.
It is clear that some people in Washington believe that the US can win a nuclear war. In fact, there was an article published several years ago in Foreign Affairs, which is the principle journal of the Council on Foreign Relations – an influential collection of strategic analysts and former government officials. And they said the US is so far ahead of Russia in nuclear weaponry, that we can very easily attack Russia and suffer no retaliation. So, you have people that think that way.
John wrote:
Gold and silver prices are far above their long-term trend values.
They are going to crash.
Japan has already had its financial crisis, starting in 1990, and the
survivors are still in a "deflationary" mood. A relevant comparison
would be America 1950s. The yen will not lose its value.
John, inflation is always and everywhere a monetary phenomenon. It is not generational, although hyperinflation may be.
For the first 150 years of USA, gold was $20/oz but it will never return to that because of inflation.
Japan had deflation because the central bank actually took back some of the money it had created. This will not happen again.
Last edited by vincecate on Fri Jul 04, 2014 10:22 pm, edited 1 time in total.
John wrote:
Gold and silver prices are far above their long-term trend values.
They are going to crash.
Japan has already had its financial crisis, starting in 1990, and the
survivors are still in a "deflationary" mood. A relevant comparison
would be America 1950s. The yen will not lose its value.
John, inflation is always and everywhere a monetary phenomenon. It is not generational, although hyperinflation may be.
For the first 150 years gold was $20/oz but it will never return to that because of inflation.
Japan had deflation because the central bank actually took back some of the money it had created. This will not happen again.
at99sy wrote:Based upon this chart, with the consolidation taking place, I am predicting the SP tops out in the 2075-2125 range. Or it could peak around 2350-2425 range, I'm going with those two, then its all done.
cheers
sy
I'm watching this area around 1985 because the past 2 runs were 348 and 343 points. Then if this area gets surpassed, 377 points to about 2020. After that, I don't know but I think that should do it for the time being.
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While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
The 1899 [Sears, Roebuck] catalog featured color images of carpets, furniture, and china. In the photographic supplies section Sears offered "Special Lecture Outfits" giving the purchaser projection equipment, a screen, advertising posters, admission tickets, and a printing outfit, everything an entrepreneur needed to set up a theater for paying customers. The optigraph moving picture equipment worked with either electricity or a system using a gas process to provide illumination. Limes were one of the ingredients used in these gas systems helping coin the phrase "in the lime light."
In using numerology she implies July 20, 2014 is important, Christine Lagarde spends considerable time in the numerology realm. --hmmm
Going over the speech these also look like possibilities:
7-07-14 - 70th anniversary of the founding of the World Bank and the completion of the foundation of Bretton Woods
7-22-14 - Conclusion of Bretton Woods conference, countries accept agreement
7-28-14 - 100th anniversary of the start of WWI
Probably none of the above. You know how that goes. Though my personal favorite is 7-7-14.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.