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alstry (36.57)

A Double Penetration Reflector Proton Deflector Formation

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March 18, 2009 – Comments (9)

Those slimy bugger Spector Vectors made another attempt to blow through the physical silver coating of the massive reflector at 7500 and almost made it through.....but there is nothing like a inflationary strength of metal to inhibit the forward progress of a spector vector from blowing through a the resistance of the convexity of the reflector.

In making this valient attempt, the spectors have exhausted a lot of strength and the reading on the spectrometer is as low as ever indicating that these guys may be in for a free fall to the 3500 to 4000 level before the summer is out.

Do you think Alstrynomics is like a Techno Fairy who blows with the wind and afraid of the translucent varible nature of the spectors......not a chance........I AIN'T AFFRAID OF NO GHOST!!!!!!

Many of you may have noticed that the spectors actually broke through the 7500 level today.....but due to the massive size of the reflector formation....it fired a proton deflector high freqency inflector which caused the immediate reversal of their march forward.

Tomorrow should be very interesting....who wants to hold dollars any more????  who wants to hold debt demoninated in dollars anymore????  who wants to hold equity demoninated in dollars anymore????  Is Uncle Ben is turning the dollar into not much more than paper????

It appears that the Federal Reserve will do just about anything to give our bankers bonuses even if it impoverishes every single American in the process....at least there are 1.5 Billion debt free Chinese and Indians they can start loaning money to...who gives a damn about us overleveraged Americans.....and since we are not going to do anything about the overleveraged situation....let's just save the banks as we Americans are seeming on our death bed anyway and have very little buying power left anyway without going further into hock which we can't afford to repay anymore...

Crazy times my friends.....Prepare...don't despair....and that NOW includes buying a bit of the shiny metal.....just as a hedge against this insanity.

9 Comments – Post Your Own

#1) On March 18, 2009 at 6:26 PM, jesusfreakinco (29.02) wrote:

Al,

Check my thoughts on the PPT conspiracy theory.  Any insight?

Becoming convinved yet to hold gold?

Sinchy has a couple of convincing blogs and a link to a good article on gold accumulation by banks.

JFC

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#2) On March 18, 2009 at 6:34 PM, alstry (36.57) wrote:

JF,

The metals are a fair place for a hedge against a fear of currency collapse....but I am still not convinced about inflation....just yet.

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#3) On March 18, 2009 at 6:41 PM, OldEnglish (28.29) wrote:

Does anyone here think that a 30 year treasury is a good investment? Not 1-3 year but 30 year T-Bills. The Chinese aren't stupid either. They just need a way out. No amount of salesmanship by Hillary Clinton will convince them to keep buying this garbage.

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#4) On March 18, 2009 at 6:45 PM, jesusfreakinco (29.02) wrote:

Remember commodities are denominated in USD.  If the USD tanks, commodities go up with them (most likely).  I know you are a USD strength guy, but look at a USD chart in the last month.  Technically (not that I am a big TA guy), this has death written all over it.  Let's hope the Fed prints some money to save the USD before it crashes through the .72 level for the third time.

JFC

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#5) On March 18, 2009 at 7:28 PM, alstry (36.57) wrote:

THIS IS WHAT HAPPENS WHEN YOU GET A DOUBLE PENETRATION FORMATION!!!!!!!!!!!!!!!!!!

From tonight's WSJ:

The 10-year Treasury jumped, causing the yield to fall almost half a percentage point to 2.53%. But two key fear indicators immediately flashed red: Gold soared 6%, and the dollar weakened.

It's highly unusual for a central bank to print money to buy large amounts of financial assets. Such unorthodoxy succeeds only if its purchases are temporary -- and sufficient to kick start credit markets and the economy.

Any sign their impact is fleeting would raise expectations of further buying. If the Fed responds and balloons its balance sheet further, inflation fears intensify, hurting the dollar and pushing gold even higher.

The Fed's $300 billion would account for around 28% of government issuance in the next six months according to Barclays Capital. To keep yields low beyond that might mean even heavier spending. The Fed's decision Wednesday to ratchet up the purchase of mortgage-backed securities underscores its willingness to keep spending.

Investors should track the relationship between the dollar and Treasury yields. Ultra-loose monetary policy can debase the currency. That means foreigners, with around half of all outstanding Treasurys, could demand higher returns.

Yields are now artificially low because of Fed's proposed intervention. That might push investors into riskier assets -- something the Fed wants. It could also scare foreign investors, who are needed to fund the ballooning fiscal deficit.

WHAT HAPPENS IF THE RISKIER ASSETS DEFAULT AND CONTRACT THE FU VIRUS???????????????????

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#6) On March 18, 2009 at 7:29 PM, soycapital (< 20) wrote:

Please expand on where should we put our dollars that have been sitting in the "funny money market" for several months? Might be prudent to take some action before it is too late? Is it time to bail them out and buy some hard assets? Think gold might be flying off the shelves in the morning? Oil, etc.

 

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#7) On March 18, 2009 at 7:37 PM, jesusfreakinco (29.02) wrote:

Soy,

I'd diversify and move some out of the dollar altogether as insurance - some physical gold and silver is a good idea.  Also - you might want to look at foreign currency dollar denominated CDs.  Look at www.everbank.com.  If they survive (which I think they will) and the Fed doesn't confiscate their assets (which I don't think they will), you can hide from USD weakness in a foreign currency CD.  They have plenty to choose from.

My two cents...which is soon to be only worth one cent :(

JFC

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#8) On March 18, 2009 at 7:55 PM, MarketBottom (29.46) wrote:

The question about the USD is now will the ECB be forced to 0 percent, and be forced to quantitative easing. Most countries have issues of their own.

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#9) On March 18, 2009 at 8:00 PM, greattrader1011 (29.42) wrote:

DOOM!  You are all crazy.

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