EurAnalysis

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H1 E/U looks like Ant-Walk!

Now they changed the Swap Long to (-) 0.19 !!!

Hello dashboard! Hows your trading?

What happens when a joker turns into a beggar?

I know the joker's joke
I know the beggar's beg
I know the liar's lie and I know the saint's fate

Found inactive in 2012!

I'm glad my volume was low

Not much for today.
Times in GMT
8:50EURFrance:Eur 7.0-8.5bn 4.25% Oct 2017, 3.0% Apr 2022, 3.5% Apr 2026 & 4.5% Apr 2041 OATs
15:00USDUS: Announces auctions of 3Y Notes on Apr 10, 10Y Notes on Apr 11 & 30Y Bonds on Apr 12
15:30EURItaly: Details BOT on Apr 11 & BTP/CCTeu on Apr 12
16:10 US "Fed's Bullard Speaks on Economy, Monetary Policy in St. Louis"

FROM WWW.JSMINEST.COM

April 4, 2012, at 12:59 pm
by Jim Sinclair in the category In The News |


Dear Extended Family,
Not one pro, not even Yra who is close to the establishment, believes that the action of all markets were a true price interpretation of the FOMC notes yesterday.

Today and yesterday was the product of five gold banks showing the market who in their opinion is boss. It was aimed directly at the confidence in gold.

These gold bank traders are legends, who are the present rulers of the universe, owners of Washington and answer to no one, even to a God. Well, in their mind they are at least.

I really think ego has overcome the profit motive in the last two days. This changes nothing as to where gold is going in 2012 and beyond. It just makes trading impossible and charts useless, leaving only international fundamentals that will not be MOPEd away to make the final determination of the gold price.

It coils the spring in the market even tighter than physics will allow, making the break out to the upside when it comes something to behold.
If there is only one lesson you take away from here, it is that margin is a death wish when the head trader at one major gold bank can command the short term action of the gold and silver market. Consider what can happen to gold when 5% of today’s investors wake up to the economic and statistical charade the markets are today.
Regards,
Jim

Jim Sinclair’s Commentary
The transparency of today and yesterday:
To put things into perspective, who did Financial TV interview on yesterday’s FOMC statement from the Fed? Of course, it was the only hawk on the board, Lacker.

Ten other members are ignored because what they would say would not fit with the market play the five leading US banks executed in the market yesterday and today.

The transparency of the charade is so clear that it reflects an egomaniacal approach to all markets. Those who the gods wish to destroy they make mad first. Egomania is madness. A sociopath acts as if they were a demon.

An egomaniac sociopath would take great joy in showing the world who is the boss. There will be great toasting on $1000 bottles of wine at a special Italian restaurant in New York tonight.
If you have no margin you will prevail.
If you deal on margin you are toast.
If you have margin get rid of it.



Jim Sinclair’s Commentary
Gold is destined to trade at the prices outlined by Alf Fields. The gold banks will, as they did in 1980, make the most money over the shortest time as gold goes to overvaluation long.

My advice is as below with the caveats, no margin, no paper ETFs.



Jim Sinclair’s Commentary

Kno's Comments:

Right On Winston... NEVER GIVE IN TO EVIL !!!

'
lol

http://www.financialsense.com/contri...en-nothing-yet

The BEST article by Jim Quinn...

Only A Few Snippets...

PLEASE READ IT Yourself !!!

The cracks in the façade are already painfully visible. The U.S. ran a $1.4 trillion deficit in 2009; $1.3 trillion in 2010; and $1.3 trillion in 2011. In the chart below you can see foreigners’ appetite for U.S. debt since 2007 has plunged. Maybe it has something to do with getting a negative real return by investing in U.S. Treasuries paying 2%. Maybe it has something to do with Ben Bernanke attempting to inflate away our debt burden. Maybe it has something to do with Congress and the President accelerating spending and creating massive deficits for as far as the eye can see. Maybe they are losing trust and confidence in the American Empire.

http://imagesize.financialsense.com/...-2003-2012.jpg

In the last three years we have run $4 trillion in deficits and foreigners have only funded $1.4 trillion of that debt. That means someone else had to buy $2.6 trillion of our long term Treasuries. Some of it was funded by little old ladies and pension funds that are setting themselves up for enormous losses. The vast swath was purchased by Ben Bernanke with his QE for eternity programs. As foreigners rationally reduce their Treasury holdings and we continue to run $1.3 trillion deficits, Bernanke must keep buying the debt. This cycle will continue until we reach our Minsky Moment, then Strauss & Howe’s forecast will be realized:

“This might result in a Great Devaluation, a severe drop in the market price of most financial and real assets. This devaluation could be a short but horrific panic, a free-falling price in a market with no buyers. Or it could be a series of downward ratchets linked to political events that sequentially knock the supports out from under the residual popular trust in the system. As assets devalue, trust will further disintegrate, which will cause assets to devalue further, and so on.” - Strauss & Howe – The Fourth Turning

Everyone knows Greece, Portugal, Spain and Italy are broke. One or more will eventually default on their debt. It is highly likely that a butterfly will flap its wings in Europe and cause a hurricane in the U.S. The default will spark a worldwide contagion as trust in a system of false promises disintegrates. China’s already crumbling real estate market will implode. As interest rates soar and stock markets plunge, global tensions will intensify. Continued oil supply constraints will be the cherry on top. Based on historical precedent, this is likely to strike before 2014 arrives. The wealth destruction and pain will be so intense a regeneracy will be at hand. Our very survival will feel at stake.

“Eventually, all of America’s lesser problems will combine into one giant problem. The very survival of the society will feel at stake, as leaders lead and people follow. The emergent society may be something better, a nation that sustains its Framers’ visions with a robust new pride. Or it may be something unspeakably worse. The Fourth Turning will be a time of glory or ruin.” - Strauss & Howe – The Fourth Turning

And here is the rub for those who argue for less government intervention in our lives. Which leaders will lead and who will follow? The actual events do not matter as much as how the people react to the events. Fourth Turnings are always chaotic and tumultuous. In the frenzied period during the next leg down, people will demand order. They will call for the government to do something. Obama or Romney will use the fear and uncertainty to assume more power over our lives. Executive orders, new legislation, and another stripping of our liberties will be attempted. How the generational cohorts react to these deeds will determine what happens next. There are 97 million Millenials, 83 million Generation X and 73 million Boomers. The Boomers hold most of the positions of power, but their credibility as leaders has been damaged by their actions over the last two decades.

And Finally This...


The regeneracy does not mean the actions taken by our leaders will be wise, well thought out, rational or beneficial to all people. Many believe the actions taken by Abraham Lincoln and Franklin Roosevelt during the previous Fourth Turning Crisis periods were detrimental, foolish, and enhanced the power of the state at the expense of liberty for the people. The leader when the regeneracy events strike is more likely to respond with more government control as the solution. He will invoke executive orders giving government control over important industries and crucial institutions. The government politician leaders will pick the winners and losers, with their cronies and contributors winning again. Dissent will not be acceptable. The NDAA will be invoked to imprison those who disagree with the mandates handed down by those in power. Congress would pass SOPA and lock down the internet and shutdown any websites they consider dangerous to their central authority. Lastly, with the biggest and baddest military machine on earth, the leader will attempt to rally the masses and distract them from our dire economic situation by seeking an external threat to confront. It just so happens that China is also in the midst of their own Fourth Turning. History has shown that armed confrontation is likely around the climax of the Crisis:

“History offers even more sobering warnings: Armed confrontation usually occurs around the climax of Crisis. If there is confrontation, it is likely to lead to war. This could be any kind of war – class war, sectional war, war against global anarchists or terrorists, or superpower war. If there is war, it is likely to culminate in total war, fought until the losing side has been rendered nil – its will broken, territory taken, and leaders captured.” - Strauss & Howe – The Fourth Turning

No one knows the exact events that will mark this Crisis period in our history. But there is no turning back. We’ve entered the Winter season and the beautiful calm days of autumn are long past. Nothing but turmoil, bitterness and sacrifice lie ahead. We entered this Winter of our discontent unprepared like the grasshopper in the fable. This has insured this Crisis will be far worse than it needed to be. The grasshoppers want solutions and easy answers to problems created over decades of ignorance, sloth, greed and stupidity. It’s too late. There are no easy answers and the solutions are all painful and bitter. This is not some theoretical exercise. This is the reality of our situation. I have three teenage sons and their futures depend on the outcome of this Crisis. I will do whatever it takes to support them. I will not allow them to be cannon fodder in some war for oil in the Middle East. If their future requires me to oppose a tyrannical government, so be it. If their future requires me to give up my Social Security and Medicare security blanket, so be it. If I have to die so they may live, so be it. There are no guarantees in this life. We get about 80 years on this planet to make a difference. The choices we make in the next few years will matter. Are you ready? I am.

“The seasons of time offer no guarantees. For modern societies, no less than for all forms of life, transformative change is discontinuous. For what seems an eternity, history goes nowhere – and then it suddenly flings us forward across some vast chaos that defies any mortal effort to plan our way there. The Fourth Turning will try our souls – and the saecular rhythm tells us much will depend on how we face up to that trial. The saeculum does not reveal whether the story will have a happy ending, but it does tell us how and when our choices will make a difference.” - Strauss & Howe – The Fourth Turning

About James Quinn


James Quinn
Senior Director of Strategic Planning at Quinn Advisors
Primary Tel: (215) 573-5404
quinnadvisors @ comcast.net
http://theburningplatform.com/

Kno's Comments:

Bonus Coverage Be Aware And Be Alert...

Sometimes people don’t want to hear the truth because they don’t want their illusions destroyed.” – Friedrich Nietzsche

http://images.sodahead.com/profiles/...724572910.jpeg

Entire populations taking comfort in their illusions transcends centuries. This is because all humans are driven by their emotions and react to events and danger in a predictable manner depending on their stage of life. Strauss & Howe in their 1997 opus – The Fourth Turning – utilized decades of studying generational dynamics to anticipate when our next Crisis would arrive and what core elements would precipitate it:
“The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation and empire. The very survival of the nation will feel at stake. Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War, and twin emergencies of the Great Depression and World War II.” – Strauss & Howe - The Fourth Turning
The American people are mentally ensnared by their decades of indoctrination from propagandists in government and on Wall Street, spoon fed to them by the corporate mainstream media. Many are afflicted with the diseases of normalcy bias and cognitive dissonance. Normalcy bias refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects. The American people are mentally incapable of accepting the facts of our impending economic collapse. They somehow are able to convince themselves these facts as normal:

Price now stands at 1.3150 area, preparing to what it seems as a move higher. Yesterday, the sell-off continued breaking major supports, but those are like spiders web when the market in its exuberance cares of nothing and no one. Now, seeing this as a move upward, bounce from DTL, we should meet resistance at the 1.3180 area and stronger if not reversal from 1.3215-40 area. Longer term my bias is now unclear, so until further clarification, we trade the smaller TF. Good luck and trade safe!

[quote=shhhhh;5544145]Price now stands at 1.3150 area, preparing to what it seems as a move higher. Yesterday, the sell-off continued breaking major supports, but those are like spiders web when the market in its exuberance cares of nothing and no one. Now, seeing this as a move upward, bounce from DTL, we should meet resistance at the 1.3180 area and stronger if not reversal from 1.3215-40 area. Longer term my bias is now unclear, so until further clarification, we trade the smaller TF. Good luck and trade safe!


The bear is having a great meal preparing for another marathon....

There are lined up bad news from JPMorgan, Morgan Stanley, Citigroup, Bank of America, S&P 500, US index, General Electric, Yahoo!, SanDisk, McDonald's ... you think any effect on the pair?

Yep... news bashing has started again. It was a nice calm season after Greece bailout... Now we are back in this news war.

A red Index!