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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Monday, 27 July 2015


http://www.peakprosperity.com/blog/93665/deflation-winning-%E2%80%93-beware


"So that’s what we’re looking for here at Peak Prosperity: a deflationary crunch savage enough to scare the central banks into opening the monetary spigots even wider. But this next time, we think they’ll seek to goose economic growth by giving money directly to the people as well as non-bank corporations.
And we think that deflationary bust has already begun. Our record-high stock markets simply somehow haven’t gotten the memo yet."

S&P - a critical week









Sunday, 26 July 2015

http://www.globalresearch.ca/global-derivatives-1-5-quadrillion-time-bomb/5464666

BKX

some observations on BKX,the US banking index


BKX peaked at 121,bottomed at 18...............the 61.8% retracement is 81

121 is 11 squared.....81 is 9 squared.....so there is lots going on if you follow the square of 9
121-81 is 40
40 is 33% of 121 (40.3) if you wish to be exact)
81 is 4.5 x 18
there are 7 cycles of 9 from 18 to 81.......7 is a terminal cycle
so 81 is not a level to be taken lightly....we got to 80.87 last week

Saturday, 25 July 2015

SPX



http://www.armstrongeconomics.com/archives/35308   

The Tax Hunt for Loose Change – Germany To Cause Mass Exit of Existing Assets