“chemical attack” has “false flag” written all over it in big red, white, and blue letters.

this particular little boy has cried “WOLF!” too many times.

CIA?  MOSSAD?  MI5?  all of the above?

Trump Threatens Putin, “Animal Assad” Over Syrian “Chemical Attack”; Russia Warns Of “Grave” Response If US Launches Strike

It’s deja vu all over again.

This society has a collective IQ of 5. Today’s “best and brightest” PhD thought dealers are as dumb as a fucking post. Which was the first of many lessons not learned in 2008. To begin with, in a pseudo-economy consisting of Supply and Debt, stock market P/E ratios have the veracity of a Chinese fortune cookie.

Forward profit estimates have a bad habit of turning back into pumpkins at the end of the cycle. Corporate profits went from all time highs in 2007 back to 1975 lows in 2009. ALL of the new McJobs created during the eight Bush years were gone in nine months. As if there had been no recovery. 

Remember back in 2011 when Gold made its parabolic run which ended with QE2 rolloff? In this part of the cycle, the new safe haven from “fiat” was Bitcoin, which imploded concomitant with the rolloff of QE4.

For all of the ever-shifting reasons Bitcoiners have proferred for owning Bitcoin – digital currency, safe haven, store of value, etc. etc., it never once occurred to them that Central Bank muppet was the only real one. 

http://ponziworld.blogspot.com

piece they put out this week

he taped this at yesterdays close………

http://podcast.gcnlive.com/wallStreetRaw/

How can anyone get too “beared up” in markets that are completely disconnected from reality?

Sunday night could open up 1000 DOW pts. and it wouldn’t be a surprise. Just a simple comment from Trump, Kudlow, Mnuchin, saying negotiations will China are going well and the algo’s will buy the shit out of stocks and the USD and sell the shit out of pm’s.

I don’t think that will happen but I do think it’s possible.

Always have to tread lightly. I see ZH has some uber bearish articles – one from B of A. When ZH get uber bearish it’s a rally alert…

the usual schizo calm-as if Friday never happened–

I think Louise may have a good chance to get her SM decline

potential timing of the next high in fiat pricing of the PMs.  An estimate of 2021-2024 is 10 to 13 years after the last high for Ag and Au in 2011.  I’ll wait and continue to hold if that’s what some voices think is on the horizon for timing.  A 10- to 13-year interval between highs for the PMs is better than the 30+ year interval we had to endure between 1980 and 2011.  Best wishes.  Equiz

https://www.financialsense.com/louise-yamada-technical-outlook-robert-rapier-energy-bottlenecks

Louise Yamada (18 mins in)on market 200 day ma………says gold needs major stock market decline for gold.

Syrian Showdown: Trump Versus The Generals

https://www.zerohedge.com/news/2018-04-06/syrian-showdown-trump-versus-generals

Trade War Game On!

Presently, it’s unclear if we’re in the early stages of a global trade contraction. The trend in expanding global trade appears to have slowed over the last decade, following the 2008 financial crisis.  The budding trade war between the United States and China just might be the geopolitical shock that closes out the ‘second age of globalization.’

It wasn’t all that long ago, when they were still the best of friends… [PT]

This week Trump and Xi likely pushed the trade war past the point of no return. They called each other’s bluffs and raised the stakes as the week progressed.  By Thursday things had hit a fever pitch.

Our friends at Zero Hedge have been closely monitoring the situation.  Here are several choice quotes they alerted us to from an editorial published in the Global Times, China’s state-owned party mouthpiece:

http://www.acting-man.com

If you ever watched the TV series “Vikings” on the History Channel they delved into the use of “Sunstones.” Fascinating stuff for a history buff like moi. Thanks for the post!

Wolf Richter: The Era Of The Fed “Put” Is Over

http://www.shtfplan.com/headline-news/wolf-richter-the-era-of-the-fed-put-is-over_04052018

At market tops, bullish arguments are irrefutable; their logic is ‘iron clad”

***************************

Same deal at market bottoms, magazine covers heralding “the death of equites” appear…

That Ponziworld site is pretty good, just checked it out for the first time. What struck me is chart of the DOW from the 2008 bottom. Yikes. If this is the beginning of the end of the rally then there is a long way to fall.

pushing out the gold & share recovery……….. I’m hearing lots of 2021 -2024 to get to the old highs

console compartment in case Putin takes out GPS.

“When the Vikings first sailed to Greenland in the late 10^th century, they didn’t have compasses to guide them; that technology wouldn’t reach Europe until the late 16^th century. So how did they do it? A new computer simulation says an unusual method mentioned in an eight- or nine-hundred-year-old Icelandic saga would have been precise enough to get Viking ships safely to Greenland.”

https://arstechnica.com/science/2018/04/mysterious-sunstones-in-medieval-viking-texts-could-really-have-worked/

If anyone remembers, after that ’08 financial crisis, the culmination of embezzling wealth from the US economy, I predicted the US economy would get better, and our economy had hit its final bottom. Simply because there were no other methods anymore for TPTB to fool the US economy with the likes of no doc 105% liar loans for houses.

Some things definitely got better, 2008 to 2016, like the stock and real estate markets, and a few businesses moving over to the USA. Unfortunately, looking back, I’m thinking it was too little and too slow, all the stores and warehouses are still chock a block full of Chinese made crap.

So my view is, TPTB or bankers, know something that’s not widely known (during Obama)like small signs that the US economy is on an imploding course, and before Trump was even elected, they started, thru Trumps words, pumping and cheerleading a coming prosperity.

The bonuses, the raises, the tax cuts are new and minor compared to what we lost, and the manufacturing and jobs coming back is not here yet. So basically the economy is only emotionally better like a placebo effect. A fantasy is usually far better than the reality.

So sooner or later something very BIG is going to happen, and Gold will attract a lot of attention domestically and globally. Gold might even be the only game in town for the wealthier folks and Silver for the regular folks.

Think about what would happen if the stock markets around the world started going down 1929 style for the next six months. Everything else would drop like Real estate, retail, auto sales etc etc. Tax receipts would drop too. National debt would get bigger.

Regarding all this positive USA economic news hoopla, I smell a rat. A big one. We are betting against banks and governments, and $1300 plus gold these days is very respectable.

$60BN Manager About To Dump All US Holdings: “The Political Risk Is Just Becoming Too Much”

[READER COMMENT]=Davidduke2000  Gladi8tor Fri, 04/06/2018 – 20:57  Permalink

https://www.zerohedge.com/news/2018-04-06/60bn-manager-about-dump-all-us-holdings-political-risk-just-becoming-too-much

re your..”WHO is buying and selling all of those gold/silver contracts knowing it is a totally comatose market? Makes no sense, 300K gold trades trying to bang out $2?”

Sometimes in cases like that, makes no sense, you have to talk to yourself, or ask yourself what WOULD make sense. And that would be the logical answer. You would know better than I because I don’t play futures.

The only ideas I come up with computerized trading machines? Gov’t lackey Goldman Sachs?