By Citizen on 10-13-08

I just can’t wait for the DOW to hit 5,000.  Peter Schiff predicted this current situation and also predicted gold to rise and the Dow to drop, until both have intersected.  We will see a DOW = Gold within 5 years.  Just you wait.  The dollar is going to be dumped worldwide, leaving those who hold dollar denominated assets with no shelter.  Real Estate is over for atleast 5 to 10 years.  If you are a mortgage person, title person or realtor, you best go get yourself a gold pan and a sluce box.  Make sure all of you send the Federal Reserve a nice warm thank you letter, thanking them for 36 years of interest rate manipulation which in turn destroyed labor, industry and capital, essentially building up to the current problem.  You will see many “rallies” in the stocks in the coming weeks, followed by massive sell-offs.  These are just ploys to take even more money from the suckers who think we have hit bottom.  You must look at the overall trends and ask the question of whether or not we are seeing new monthly highs or new monthly lows.  Overall the DOW will trend down.  Sure, there will be rallies like today, and perhaps tomorrow.  By the weeks end we may close in the high 9,000 range.  Then we will free fall back to the high 8,000, where it will hover for the month.  Then will come another panic and sell-off when everyone realizes Americans didn’t shop after Thanksgiving.  The holidays will be brutal.  Macy’s, Sachs, JC Penney, Lowes, Home Depot, Target, all of them will show below average sales, more lay-offs are taking place nation wide, more houses are being abandoned and the problem is spreading.  Meanwhile the Fed and US govt are dumping Kerosene (bailouts) on the inflationary fires, hoping to put it out.  By October of next year we will have a much more educated understanding as to how serious the situation at present really is.  Don’t blink, you might miss something.  Keep reading and educate yourself.  Remember Mcalvany.com, mises.org, financialsense.com, silverbearcafe.com, and of course professorfekete.com Save your wealth, no one else will.  Who’s your farmer? Who’s Your Banker?  Where’s your money?  Argentum et aurum comperenda sunt!

By Citizen on 10-15-08

See that dow today??  How about that 900 point rally on monday?  Did that actually fool any of you?  Yesterday it fell 76, and right now a whopping.....wait a minute or two it is still in free fall.  So far we are at 712 and dropping.  Wait......it closes in 1 minute about.  Hold it....-733 and dropping...-750 and dropping...-770.....wow this is intense...........ooh back to -759......oops now -773...and its CLOSED for the day.  We will give it a minute or two for the outstanding trades to roll in and see where we are at.  My point is this, the 900 point rally you saw on Monday is all but GONE already!  See that.  They took it all right back.  Remember what I said above.  WE WILL SEE A DOW 5,000 BY YEARS END! 
Save these stats for 365 days.  A lot can change in that time.  For example, in one year we went from a DOW of over 14,000 to a day time trading low of 7,888 and closing bells of 8,400.

Next year we will see:

$200/barrel oil

$2,000.00/ounce gold

$50/ounce silver

DOW below 5,000

A dollar below 65

Inflation of 18%+ (currently it is 12%) This is according to pre 1983 numbers using energy and food into equations.

Housing prices falling an additional 20% from what they are now.

By Invest in TREND on 10-16-08

Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down.