You know the drill, share the love and the knowledge.
What can we say about the markets here? Other than backtesting busted major market upper resistance and holding on by the skin of its teeth after the AAPL debacle, the Fed and Treasury are doing all they can to salvage the post QE announcement sell the news event. Everything still points down here technically. We're at a serious inflection point. As noted almost daily, all we need is a catalyst.
The cat is out if the bag, the economy is crumbling, the EU is on the verge of implosion (note the Germany/Greece situation due Sunday that Greece can not possibly meet for the umpteenth time) and the government data can no longer be manipulated to anyone's satisfaction. We're a little more than a week from the most irrelevant presidential election in history. The government is bought and paid for via special interest groups that they serve and protect at our expense. Earnings for Q3 and projections for Q4 all prove that every effort the ruling elite have done to save us have only accomplished making the rich richer and the poor even poorer. We're nearing the end.
Other than the obvious distractions our governments will use to turn our attention us from reality, I have very seriously (as mentioned here in the past) believe we are close to hearing the (to some) unthinkable truth that UFOs are real. Why do I come at you with this this weekend? Cause you need time to reflect and think about what will their disaster plan include? What can they use other than war or other social distractions to redirect our focus where they can continue to do their dirty work in the dark? When the markets crash, what can they throw at us that will be so amazing that we all will stop. What else could dominate the news to a point that it would possibly demote a global financial crisis to the second page? What can they use that is so large they can pull the ultimate trump card and declare in the name of global safety all debts void and null?
I personally believe we are not alone. Being an analyst and a Christian there are two simple things that lead me to believe this beyond all the evidence that currently exists. First, it is impossible to think that among the billions of galaxies each containing billions of stars that we could be alone. Second, why would God waste all that talent on just us?
To those that do not believe, I ask that you take the time to view this video of the Disclosure project from 2006. It is the ultimate collection of professional testimony from the most credible professional witnesses ever assembled in one room. Their stories are real and can all be documented.
It is time to start thinking about what happens after the collapse and what will the government's actions be (other than FEMA Camps and Martial Law used to quell the coming massive social unrest). If you think I'm nuts that's cool. Form your own opinion. Just start thinking about what's coming.
As usual you are implored to start prepping. I need to warn you that this is now considered a terrorist act. Yes, to prepare for your own personal safety and survival can get you locked up these days (or at a minimum stranded at an airport in Hawaii). Don't believe me? Maybe you should read Doomsday Preppers Will Be Treated As Terrorists. What a great place the nanny state is to live in.
Enjoy your weekend.
GL and GB!