Right Here Right Now....
May 05, 2009
– Comments (21)
As I told you last week...at about the 8300 level.....it is very likely we are at the top of this run.
Physical gold backing on the Massive Convex Reflector formation is at its most powerful at the 8400 level.......couple that with the incredibly destructive effects of the Zombulator and we could easily be looking at sub 5000 on the Dow before the end of the summer....maybe more maybe less.
As this blog is being written, in just a few days we are going to find out that the unemployment rate has likely skyrocketed above 17%. We are seeing commercial real estate loan defaults increasing at parabolic rates. On July 1st, many municipalities will be revising their budgets and constituents are likely in for a BIG SHOCK on what they might learn. The bank closings have really ramped up in recent weeks with 3 or 4 per week while few of us know how the pension shortfall mess will play out. Thousands of auto dealers are nervously awaiting their fate as few know how this massive bankruptcy process will play out.
With millions of families kicked out of their homes, on the brink of losing their jobs, or facing massive wage cuts......we are facing very serious econmic and social issues as we move into the summer. This is not a doom and gloom forecast.....simply the facts. Without accurate knowledge...you can't have freedom.
If you went to the doctor and she knew you had a rapidly metastecising pancreatic cancer......would you want her to tell you it was indigestion and take a antacid and call her in a few months? Not Alstry..... Alstry is the doctor of Alstrynomics and diagnoses the economy as the data presents.
If you want BS.....the mainstream media is filled with it for your consumption all day and night long.
It is not easy being the doctor of Alstrynomics making call after call. Warning you last year that pensions and municipalities were facing serious issues. That our banking system was on the brink of collapse as you were being told all was fine and subprime would be contained. Forecasting unemployment rates that few were willing to make and now we on the brink of crossing the 20% threshold. Calling deflation when most were screaming inflation. Telling you quickly that the swine flu was no more serious than the regular few as the mainstream media was trying to scare you into buying every drug stock possible.
I know, how can one blogger be so right about so many things so often and so many get it so wrong over and over...........easy....it takes focus, fortitude, and frugality fostering fantastic forecasts few feel are favorable at the time. However....fornicating Fools always learn in the end function follows facts......and Alstry is formally the fact physician flipping flavors de jour and folding them with figures into your favorite free, fast, and fun fundemental forecastor fortifying the fuel for you and your family's financial foundation......
Remember....never FEAR.....prepare........
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