Back in the Great Depression of 1929 through the 1930′s, we saw a similar Zig-zag pattern. There was a crash in 1929, followed by a nice rally, but then the most devastating part of the market collapse followed into the 1930′s. That Bear Market was a Supercycle degree wave (IV). The current Bear Market is [...]

(Snippet)Doug Casey: Insofar as there are any green shoots, they are weeds. No, everything the government is doing is not only the wrong thing, it is the exact opposite of the right thing. The way to solve the problems that have been exposed at this point is for the government to not do anything; in [...]

I don’t have a crystal ball, but my forecasts have been fairly accurate and quite profitable over the past few years. While 2008 has been a tough year, all signs point to 2009 being much worse. Here is what I see on the horizon for the upcoming year. 1) The stock market decline will accelerate [...]

ATLANTA (AP) – Only months after winning and giving away $1million on a television program, state Schools Superintendent Kathy Cox and her husband, John, have filed for bankruptcy.Ga. school superintendent wins big on game show Georgia school chief to give $1 million game show prize to 3 schoolsGame show appearance by Cox draws criticism. Cox [...]

http://www.jsmineset.com/ My Dear Extended Family,Things are now “Out of Control.” This international financial crisis is now out of control as the world asks if the USA has two presidents, one president or no president at all. It would appear that Paulson is in financial control with Bernanke as his second. I warned you by personal [...]

LIMA–Prime Minister Stephen Harper said the current economic crisis could be as dangerous as the financial collapse that began in 1929 and the world must avoid repeating history by recognizing the Great Depression was caused by bad government policies. Harper’s remarks came as leaders at the Asia-Pacific Economic Co-operation summit in Peru pledged Saturday to [...]

US seeks 300 billion dlrs from Gulf states: report KUWAIT CITY (AFP) – The United States has asked four oil-rich Gulf states for close to 300 billion dollars to help it curb the global financial meltdown, Kuwait’s daily Al-Seyassah reported Thursday. Quoting “highly informed” sources, the daily said Washington has asked Saudi Arabia for 120 [...]

This is about 6 minutes long. WELL WORTH watching. The first 2 minutes spells it out. He says the government needs to get out of the way of the economic collapse, and let it happen. The last two minutes he talks about the dollar collapsing, completely. Watch the other guests! They know nothing. WATCH IT [...]

The Russian company building Europe’s tallest building has halted work on the project, citing the global financial crisis.The Norman Foster-designed Russia Tower being built in Moscow’s new central business district by developer Russian Land would be 600m (1,970ft) high.Company head Shalva Chiriginsky said that work was being halted because of the credit crunch.Norman Foster and [...]

1.America’s credit rating may soon be downgraded below AAA2.Fed refusal to disclose $2 trillion loans, now the new “shadow banking system”3.Congress has no oversight of $700 billion, and Paulson’s Wall Street Trojan Horse4.King Henry Paulson flip-flops on plan to buy toxic bank assets, confusing markets5.Goldman, Morgan lost tens of billions, but planning over $13 billion [...]