Gold popped up to nearly $1,135 overnight. But then again, since I told you last week that the G-20 was engaging in something tantamount to ‘global synchronized inflation’ that would be the logical outcome, wouldn’t it?
So if this is really in play now, what could we anticipate? Home prices falling slower or even rising (why, lookie here…act surprised!) , the G-20 bumbling and stumbling about, and APEC making more ‘pronouncements’ about working together, firming oil prices, and since the season to be jolly is almost here, perhaps a premature partridge in a pear tree.
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The World is beset by a cast of bozos who don’t seem to understand Occam’s Razor, very well. Occam’s says in so many better constructed words than I can parse together at this ungodly hour, that given a multitude of possible answers that are increasingly complicated, the right answer will likely be among the most (if not the) most simple.
Take for example the idea of climate change. APEC leaders agreed this weekend that the Copenhagen climate treaty was probably out of reach. Fine, and so it is. The question someone ought to be asking is “Why?”
Some of the reasons cited sounded absurd: We’ll not to this one because we want to get something more comprehensive down the road. That’s govspeak for “We can’t drive the automatic transmission version, but we’re gonna buy the 6-speed version later.” Like I said: Led by bozos.
So, what did the changeling say about this in 2008? “Delay is no longer an options...” Right….Guess some things have changed, huh? Like political winds, maybe?
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What’s really going on under all the environmental ink is that too many people (globally) are waking to the real agenda which is being pushed by the UN, G-20 and all the rest: Global Government.
This is a topic the John Birchers were warning about what? 40-years ago…and here we are with arguably the most socialist government ever to haunt Washington and the John Birch Society was right after all. Far right sometimes, but right is right….
But THE biggest stumbling block to a global coup by the bankster and ruler class has been a lack of money to do their dastardly deed with. But wait! There’s movement on your (left) flank as the “UK joins G20 push for Bank Levy“.
Main point of this story is the concept of a global bank tax in order to fund future bailouts owned by The Chosen Few. Pass….
The clear and present danger is that some super-organization that’s NOT DIRECTLY ELECTED begins to tax everyone in the world. Don’t know about you, but I don’t remember voting on G20 membership, do you? But that’s how the plan’s gonna roll, and the great (socializing) of world government needs a funding source and control of the global currency picture.
I’m not trying to sound alarmist at all this, but that’s how it’s all rolling out: A global synchronized inflation to beggar the working people’s of the world.
As a free man, I don’t recall anything under the Constitution that provided for the US to contribute to – let alone join – some global government…but it’s early yet. Was G20 membership voted on anywhere? I can’t recall…
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A trip over to Alexa.com reveals the www.jbs.org web site is ranked 31,824 in the US, while the
www.socialistworker.org sports a ranking of 58,479, so one would think that there are still more right-thinking (yes, meant both ways) people left (yes, another meant both ways, bad Monday puns are my thing today…) in America.
But the real battle lines are a lot different through issues hijacking. The way this works is that the globalists throw money silently into the coffers of this group, or that, and then use the organization as an issues manipulator. There are lots of so-called ‘green’ groups that have higher ratings that either the JBS or the SW web sites and it’s here that social influencers can operate behind the scenes on issues like climate, carbon, or whatever.
Related Data Point: Al Gore speech in Florida draw 800 pro and 200 supporter this weekend.
What Gore et al are pushing for (among other items) is carbon credit trading because without monetizing climate control, it’s not going to happen. However, given money, or taking it, then anything is possible in the scramble to control the planet. Which, in case you’re asleep, is the uber macro picture of what’s going on here on Ant Farm Earth.
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Remember, from a “power to control” standpoint, the objective is to get a system of global taxation in place which is ‘above direct control of the people’. Accomplish that and you smash down the barriers of nationhood and you can install World Government.
Related Data point: Interpol now has its own passport:
“SINGAPORE – INTERPOL today issued its first ever passports which will enable Heads of National Central Bureaus (NCBs) and staff to travel internationally without requiring a visa when assisting in transnational investigations or urgent deployments to incidents.
Two countries, Pakistan and Ukraine, have already agreed to waive visa entry requirements for INTERPOL passport bearers, recognizing that those individuals will be travelling on behalf of the organization in the furtherance of international police co-operation.
Without the delay of visa processing procedures, any INTERPOL team can be immediately deployed to scenes of terrorist events, major crimes or natural disasters and officials from NCBs can easily cross borders to assist in fugitive extraditions. “
But wait! Did I miss something? I don’t remember voting on allowing anything other than US law enforcement to operate within the US…and maybe they don’t, but the operant three letter word of the day is YET.
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What seems to be emergent from the fog of Monday morning’s headlines is the “Aha!”: There are two meta-factions now competing for control of the world. One could be labeled the UN, but since there are so many Third Worlders there which the globalist crowd which likes to exploit, they’re now moving up the G20 and outfits like APEC to the front of the line and is grabbing as much media attention there are possible. Look for the first global tax to emerge from one of these. Remember that earlier story about the UK being stampeded into a bank levy which is a global tax no matter how much presstick is smeared on it by the MSM.
Here’s the playbook: Have a global synchronized inflation save (or at least hide) the so-far jobless economic recovery and watch for the G20 to take all kinds of bows, thus reinforcing the need for that global bank taxes to fund such interventions in the future. Simple stuff, hell, not even elegant.
No clue why the MSM doesn’t report it this way, but then I don’t have a board of directors, or touchy advertisers to pander to…nor am I likely to get there at this rate….
What you’re not supposed to notice now that the Dow is beginning to approach where it was back in the week of April 12, 1999, is that one dollar in 1999 bought more than a dollar does in 2009.
If you use the Minneapolis Fed calculator for inflation, a buck’s worth is up to $1.28, but that’s before adding another 4 or 5 cents for this year’s inflation since the year is almost a goner. Maybe $1.32, shall we say?
But, if you go to the Shadow government Statistics web site and plug in April 1999 through August of 2009, you find the government’s own numbers show a buck’s worth then is now $1.52 worth – not to mention what’s happened to real prices since August.
If you were expecting the skies to part and humans come to their senses, it didn’t happen this weekend…nor, if I’m guessing right, will it happen this week. But one investment decision endures – getting out of paper.
The price of gold in April of 1999 was $284 when the Dow was this high back then. I’d say gold’s done OK, huh?
Any more, the only paper that I put my full faith in (since it hasn’t been diluted over time) is Charmin.
Retail Sales
Hmmm…kinda early for numbers, but new retail data is out:
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for October, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $347.5 billion, an increase of 1.4 percent (±0.5%) from the previous month, but 1.7 percent (±0.5%) below October 2008. Total sales for the August through October 2009 period were up 1.5 percent (±0.3%) from the same period a year ago. The August to September 2009 percent change was revised from -1.5 percent (±0.5%) to -2.3 percent (±0.3%).
Retail trade sales were up 1.4 percent (±0.7%) from September 2009, but 2.1 percent (±0.5%) below last year. Gasoline stations sales were down 15.0 percent (±1.3%) from October 2008 and building material and garden equipment and supplies dealers were down 15.0 percent (±1.8%) from last year.
You got the weasel wording here? Not adjusted for price changes… So let’s guess prices were up 5% for the year, which would mean the unit volumes 6.7% year-on-year….which explains why they don’t adjust for price in this number, doesn’t it?
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GM meantime only lost $1.2 billion in Q3 – calls it progress. Let me lose just a few million a year and I’ll show you what real progress is…
All of which has the market headed for a higher opening – using the Ure Ration (Dow moves about 10X gold price change) seems to mean up around 80 early on. Your results may vary, void where prohibited, yada yada yada.
Ukraine’s Flu Mess
Media there is reporting 299 people dead so far and nearly 80,000 hospitalized.
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Around here, Elaine noticed something when she happened to visit a local Doc’s office last week (lube, oil & filter time) – prominent signs that “Persons with flu-like symptoms” (including x, y, and z) should NOT come in.
So let me see if I have this right: If you’re sick, don’t go to the doc’s office? Boggles the mind…doesn’t it? Guess it explains why we’re a pill-popping nation of self-medicators. So I’ve herd.
Out to Launch
STS-129 – Shuttle Atlantis is going up this afternoon, unless you’re in Hawaii or the West Coast, in which case right before launchtime. Ahem….
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No, the shuttle launches don’t produce as much pollution as cars. The good news is that if you’re awake enough to form a question that complicated, you can skip looking yourself up in the obituary column today.
His Head in the Clouds
I refer, of course, to Hugo “Chavez asking Cubans to “bomb clouds” amid drought“. Here all this time I thought Chavez had his head somewhere else.
Texas Madness
Ken Clark, Galveston County (Houston) Commissioner (District 4) is hopping mad and if you hear a loud exchange of words on Wednesday, here’s what’s going on:
Clark’s absolutely livid because Galveston County has apparently brought some IT people into the US from foreign countries to work on the county computer systems. Clark told me last night that some of these jobs are paying north of $75,000 a year!
With all the people unemployed people in America, Clark is asking what the hell is going on? Fine question, that….fireworks due Wednesday.