G20 Targets the Week of the Cycle of War
The G20 Leaders’ Summit for 2014 is being held on November 15th and 16th in Brisbane, Queensland, Australia. The principal meeting venue will be the Brisbane Convention and Exhibition Centre. There will be as many as 4,000 delegates and 3,000 media representatives in attendance.
It is curious that the comes right in line with the turn in the Cycle of War that is ideally targeting November 19th/20th this week. The Leaders’ Summit is the key important event in the G20 year calendar. While the summit is supposed to provide a valuable opportunity for leaders to discuss a wide range of global economic issues and to use their collective power to improve people’s lives as they market, the truth is just about anything but that. The first summit was in 1985 and it was all about trying to coordinate market manipulation by ganging together. For you see, they experienced that nobody could manipulate the dollar not even the Fed. Hence, the first meeting was known as the G5 (Group of 5 aka Gang of 5). Latter other countries wanted to join so it became the G8. Today it is known as the G20.
Of course, that G5 manipulation created total havoc in the world economy. Its goal was rather stupid. They assumed that is they could lower the value of the dollar, they would create export jobs. I went public about this and warned they would increase volatility that would culminate in a market crash as capital fled the USA. That happened precisely to the day of the ECM on October 19th, 1987.
I was then called in by the Brady Commission to help in the investigation of the cause of the Crash. There were the typical expectations that a huge short-player caused the event. It was the G5. They look at everything with a one-dimensional view. Although they gather together still every year, they no longer try to manipulate the markets.
In 1997, the memories grew short. Here we had the Asian Currency Crisis and at that time it was Robert Rubin trying to talk the dollar down once again for trade. I had to write once more to warn them what they were doing was insane.
This time, Timothy Geithner had to respond saying of course they would not do that sort of thing. Indeed, they seemed to back off and listened for once. I was then summoned by Beijing. I flew to meet with the central bank of China to assist in the Asian Currency crisis. They stated bluntly that they believe in our analysis and that we were correct in showing that capital was starting to shift away from Asia because the birth of the Euro was coming on board in 1998. China has publicly announced that they are now using the analysis we pioneered – Capital Flow Analysis. The mad rush was trying to get into Europe before they feared it was too late.
So all the question coming in about the G20, this is the real behind-the-curtain truth of what goes on. It has turned into a club meeting where they might as well be wearing hats with ears. The Summit, leaders will release a communiqué which outlines the G20 policy discussions and commitments. But let’s get real here – they have been coordinating on how to track money and agree to give up everyone everywhere because they are ALL BROKE!
Putin has already said he will leave the summit early when work is done implying he will not socialize because of the actions of Obama. Well as far as the Biblical saying Blessed are the peacemakers, for they will be called children of God (Matthew 5:9), guess Obama figures he was given the Nobel Peace Prize and that counts; so why try to earn something you already have? The problem, I think they gave him the Nobel Prize for being the first black President, certainly for nothing he ever did. This man has done far more damage to world peace that any President since Truman.
So here we are. Strangely the Cycle of War targets this week. I have no idea what to expect. This cycle is both international war and domestic. They have converged for the first time since the 1700s. We are seeing the rise in tensions everywhere both internationally and domestically. Is the G20 the kick-starter?
The Precious Metals – The Bounce?
The metals bottomed during the week of November 3rd on schedule. It now appears if we achieve that rally we outline in the International Precious Metals Outlook, then a high on that seasonal target would tend to warn that we will decline to new lows once more falling into the Benchmark targets.
So far so good. It appears that everything is unfolding on schedule. This is just a tiny piece of the puzzle as a whole. Therefore, bottoming with the Benchmarks will most likely line up with the start of Big Bang in Sovereign Debt Defaults or suspensions. (Detroit suspended all its debt payments in 1937 but did not default since they made them good in 1963 – with drastically cheaper dollars post Roosevelt’s devaluation.
Watch the reversals. They are our target for reaction highs and support as we maneuver through the emotional crisis. The Gold Promoters still rant about how I say the metals are not manipulated illustrating their ignorance of markets and global economy as a whole. They seem hell-bent on just burying people showing no respect for their financial survival.
Sure, I would recommend having small silver coins and gold coins – not bullion. It is a proper hedge against a serious economic crisis. If there was to be a war, they can shut down banks and the electronic clearing systems attacking the grid. But those who preach the demise of the dollar simply because of a national debt at $17 trillion, sorry – total world debt stands at $158 trillion. They are looking at a tree but cannot see the forest. It will be the currencies outside the USA that collapseFIRST and if there is war – sorry!
The USA was bankrupt in 1896 when JP Morgan had to lend the US Treasury gold after the Silver Democrats overvalued silver to help the miners. It was WWI and WWII that make the USA the richest nation on earth BECAUSE all the capital flowed HERE. Why would the dollar decline with war on the horizon outside the USA?
It’s time to knock off the BS. Let’s just look at the world logically and in itsENTIRETY. It is time to stop and smell the roses before it’s too late. This should be about making money to survive. There is no government program to fall back on here. Absolutely NOTHING is systemically manipulated. If that were true, then there should NEVER be a rally in the metals. Yet this bounce you will hear all about how $10,000 to $50,000 gold is around the corner. Then when it turns down again, out come the complaints about how it is being manipulated lower. I just can’t figure how people put up with this nonsense. On the one hand they claim it is manipulated and that is why they are wrong, but then they yell buy – here we go – with the bounce. Mind-blowing.
Let’s focus on reality – not fictional excuses to explain losses. The REAL rally is coming – it is just a question of TIME. It’s not a bad thing to make money andLEARN something at the same time.
The Key to Analaysis
I shamelessly break rules of convention in favor of logic. That opens all doors.
Not the Father
I greatly appreciate the complements calling me the father of analysis or variations on that theme. I am not the father of analysis any more than I manipulated the entire world economy as argued by the CFTC. I stand upon the shoulders of those who went before me. I will have a book finished shortly on the Geometry of Timewhere I go through the evolution of analysis and who has truly contributed what over the course of years.
Yes I originated capital flow analysis, but I did not invent cyclical analysis nor technical analysis. I believe as in physics that we build upon the work of those who went before and never pretend that what you read of someone else’s work is yours. That will always be revealed in the end. In real science, you always recognize the work upon which you build and attribute to them what was theirs. There is nothing lower in life than a thief who steals the work of others. Credibility comes with acknowledging the contributions of all.
When it comes to acquiring knowledge, it does not fall from the sky. Knowledge is an accumulative process. We have figured out over the centuries through the trial and error of others. Here is a picture of the Amanita-Poisonous-Mushroom. Eat this and you die. How do we know that? Someone had to die for that piece of knowledge. It is impossible that you look at this and say – gee that will kill you I think. Knowledge is the child of experience. Those who have sat in their room and pretend to know how the world functions are frauds, idiots, or fools. What I have come to learn was forced upon me by my clients who opened my eyes. It has only been my running around the world that enabled me to see how capital flows. Otherwise, you cannot grasp what you cannot see.
I try to combine my talent for programming and trading to create things that eliminate human emotion. I have learned through trading experience that we are our own worst enemy – no one else.
So thanks for the complements, but let’s keep this real. I have contributed to the field, but I stand upon the shoulder of those who went before me – including my old friend, Milton Friedman.
For those who have sent their condolences for the death of my friend Sheikh Saud bin Mohammed Al-Thani of Qatar, thank you very much. He was a very kind and good person. We shared the passion of collecting.
Because I have focused upon forecasting the world, I have come to meet some of the most amazing people around the world. Ultimately, everyone wanted to know what Socrates was saying now.
Judge Rakoff Blasts the Injustice of America
The legal system in the United States has collapsed into a horrible pretense of justice. On top of that, every law that is passed they include the standard language of fine and imprisonment. This turned into a huge fight with Obamacare. In the first draft buried within the 33,000 pages was the standard clause that they could throw you in prison for not having health insurance even if you could not afford it. Well it certainly would have gotten all the homeless off the streets for they would be in prison getting free healthcare then – all be a sad excuse for a real doctor. The Republicans fought tooth-and-nail to get that removed.
I have written about the lone crusader in the Southern District of New York that the government does everything in their power steer their cases away from Judge Rakoff. Why? He has not been playing their game. He first came to everyone’s attention when he rejected thesettlement between the SEC and Citigroup. He slammed it hard as a joke.
Now he has written Why Innocent People Plead Guilty - a sharp rebuke of just how bad the American legal system has become. Conrad Black, the Canadian media mogul who was also imprisoned wrongly by the US justice system, has added to what Judge Rakoff has written - A Plea against Pleading
Prosecutors abuse the system to win unjust convictions. Then there is the case of JOSEPH SALVATI where the jury awarded $102 million because the prosecutors KNEW they were convicting the wrong person. Anyone working for the government who does this sort of thing should be imprisoned themselves. After all, they violate the civil right of an individual and remain immune from criminal prosecution.
Prosecutors abuse the system to win unjust convictions. Then there is the case of JOSEPH SALVATI where the jury awarded $102 million because the prosecutors KNEW they were convicting the wrong person. Anyone working for the government who does this sort of thing should be imprisoned themselves. After all, they violate the civil right of an individual and remain immune from criminal prosecution.
