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A Week for the Books You should be aware that at even though the market closed on Friday with the Dow down a few points from the previous day, the week nevertheless was the first ever close over 12,000 for the Dow, if I'm reading things right. A lot of pundits are figuring that the good times will continue to roll, too, as earning come out.
As we explained yesterday, there's a wonderful scheme going on at the moment which means the worse the housing market, the better the Dow should do. The mechanism to watch is this: As non-performing loans pop up in bank portfolios, they are bundled and sold off to hedge funds (such unlisted securities are marginable at 10%. Then, hedge funds turn around and leverage these assets into more stock ownership. No one is doing anything wrong, but you can see the dynamic: the worse things go in housing, the money money the hedge funds will have to play with.
It's even get better when the SEC votes to reduce margin requirements which will reduce margin requirements for "institutional players" - meaning, the small investor gets second class treatment again.
Families Valued We find its interesting to note that although illegal immigrants in the US make way less than majority and legals, they manage to send $45-billion a year to Mexico and other countries south of the border. Headlines the Washington Post: "Poverty is Relative".
Just for the sake of putting a number to it, I clicked over to the CIA World Factbook and discovered that at the official exchange rate, the Mexico GDP is $693-billion (2005) so a $40-billion contribution to that economy means that illegals are sending home 5.7% of Mexico's economy. I'm not claiming that $40-billion goes to Mexico, but it's close to that, I'd wager.
Meanwhile, the state of
Arizona is being sued by an (illegal) immigrant "rights" group.
Arizona, you see has been cracking down on money sent south alleging
drug money payments. T'ain't so says the suit against the
state. Policy question: If it were absolutely impossible to wire transfer or send money overseas, would illegal immigration slow?
Hillary's Kidding, right? Hillary Clinton admitted in a debate with her challenger in New York Friday that "she has though about running for the presidency in 2008, but said she is committed to running for Senate re-election." We won't kid you about our anti-Hillary feelings, but this is absurd doubletalk. Of course she's running and of course she's part of the powers-that-be cabal. Are New York voters stoopid? Or, is this just America's way of keeping our "elected aristocracies" in power?
CNN in Trouble The Chairman of the House Armed Services Committee (A republicorp) want's CNN reporters embedded in Iraq kicked out for CNN's news decision to air a video of the killing of am American soldier. Arguments on this are news/journalist freedoms to report on the one side, and airing of enemy propaganda on the other.
The Money Leash North Korea may have tested one nuke, but whether they will get around to number two (and beyond) may depend on how much the Pyong Yansters like dough. China has announced bank transfers to North Korea are being stopped in response to world pressure to enforce sanctions.
Not that the West can sleep easily. Michelle Malkin has been reading missile specs and figures moves of the US is in rant of Taepo Dong 2 missiles already.
Hits and Missiles OK, so long as I brought it up, as we wander headfirst through our "revolution/rebellion/conflict" period, you may have noticed a huge number of stories in the past week about missiles. Check it out:
All of which wouldn't be a big deal, except that Russia has been making a lot of noise lately about the US Ballistic Missile Defense plans, and with the US talking about missiles in Eastern Europe (once the Soviet's back yard) the Russian rumbles might mean something. Seems to us like more "pressurizing" on the military side of things.
Lloyds of Buffett Who would have ever thought Warren Buffett would have to rescue the Lloyds Names?
Kias for Peanuts? Sort of: Kia has broken ground for a new assembly plant in Georgia.
Layoffs: It's the real thing at PepsiCo Two Frito-Lay plants are being closed here in Texas and out in Hawaii. Crunch.
Peoplenomics: The Slow Death of GM? I have to face the music almost daily on some of my investment calls. Did I think oil would be hovering around $60-a barrel right now? No. I expected it to be up around $80-90. My failure? To understand the degree to which the petroleum industry is paying back the general Republican CONgress for past favors and making a down payment of future ones by moving energy prices lower just before the election. But that in itself would not have fueled the kind of blow-off we're seeing in the Dow the past few weeks, nor would it explain the global economy. Or would it? This week, some frank speaking about GM, biodiesel, cars, what's ahead, and what Peak Oil has to do with it. And oh, did you know BMW started off in mini cars in the 1950's? More for subscribers Subscription Information ($30/year for our weekly in depth reports)
Cost Saving Tool Try our ebook "How to live on $10,000 a year or less" It's in the Peoplenomics Bookstore.
Tell your Friends If you find this site of interest, I'd appreciate it if you'd pass on the link to this page. Click here to do it in MS Outlook. Friday October 20, 2006 Secrets Revealed Continues This weekend for subscribers to our Peoplenomics premium service, we'll explore something that in the Austrian School of Economics is called the "crack-up boom." It's like the last gasp of an economy before a big decline and then recognition that "Oops! We're in a Depression." And while that's going on, we're also in the midst of what the web bot project properly labeled a year or so back as a period of "Secrets Revealed."
There's also plenty of evidence to suggest that these to forces have recently grown to include one more macro trend; namely the "conflict/revolution/rebellion" context. So in reading the days headlines, we can take many stories and assign them to either "Last Boom" (LB), "Secrets Revealed" (SR), or "Conflict/Rebellion/Revolution" (CRR) and capture nearly all of the life defining directions behind the headlines.
One example in our (SR) department is the order issued yesterday by a federal judge that tells the Bush administration to release Dick Cheney's visitor logs. Government attorneys for the Bush group call the Washington Post's request filed back in June, little more than a fishing trip. One the other hand, with the recent revelations about dirty CONgressmen and Abramoff payoffs, the Post may have good reason to be interested in who's talking to Dick. No, I don't expect the White House to release the records. Why? If the administration appeals, they might find some grounds to get the case in front of the Bush appointed Supreme Court with Dick's duck hunting sidekick Justice Scalia might be able to put together a "legal" roadblock to the Post's information request. Obvious, at least to me, is the appropriateness of a paraphrasing of Shakespeare: "The Veep doth protest too much, methinks."
"Stepping on the Vietnam Rake" Over in our (CRR) department, the wars in Iraq and Afghanistan have continued to be a bloody mess. And the Russian "Kommersant" series "Stepping on the Vietnam Rake" is worth a read as October continues to be the dirtiest month of the Iraq War thus far. While the failure to secure Baghdad is becoming clear in the press, the attacks around the "country" seemingly continue to increase in frequency and magnitude.
In Afghanistan, suicide bombers are hard at work, blowing up themselves and victims, missing Monday's start of Eid al-Fitr, the most important celebration in the Islamic calendar according to the Washington Post's coverage.
Invoking al Qaida Another place where we see (CRR) at play is in Somalia where the interim president says the country is being besieged by "Islamists under al Qaida", as he makes a pitch for more US backing for the anti insurgency campaign.
The Boom that Isn't Is this the Last Boom (LB)? Certainly looks that way. But it could run a lot further. The reason why is that there's a fair amount of coverage about the Dow Jones closing this week over the 12,000 mark. Now, as I've written to you before, the mark is meaningless when you take six years of inflation into account, but that is not likely to deter people from throwing good money after bad in trying to regain once held profits. David Milstead's article for the Rocky Mountain news is exactly on point headlining that the "Boarder market still climbing out of post-2000 hole." Just so.
My present thinking runs something like this: I will hold my gold and silver positions (both ounces) and wait for the crack up boom to propel the precious metals to new highs. Perhaps $1,200 for gold and $20 for silver, something like that. Not that I would bail then, but I'd think about it, for sure.
Once a good deflationary spanking is in sight, I might roll out of PM's and into a bank that will let me decide which of its portfolio of international currencies I will want funds in. (Won't tell you which bank(s), but they exist where you can roll between currencies in your account). My notion is that if the US dollar - at the end of the boom - is trashed, there may be an opportunity for comparative gain by being in something other than dollars. Swiss francs, Yuan, who knows today.
One reason to be bullish on metals is the inflationary impact of Russia buying US dollars - something that could be inflationary according to ex Fed Boss Alan Greenspan.
And that's if the market doesn't crash next week and the paper-is-money gang figures how to keep the bubble blown up but not blowing up. And that's largely up to the Fed which in turn is largely watching the housing bubble for clues.
A friend in one of the big NYC investment firms (100 block of Broad St.) advised me this week that what's going on at the moment as real estate loans go "non-performing" is this: The banks see that the number of non-performers is going up, so they bundle up a bunch of loans and sell off the (discounted) bundles to hedge funds which use them as collateral in the derivatives market.
As you know, right now there's a 50% margin requirement for all the players on Wall Street. But the SEC is looking at a change in regulations which would cut margin requirements to below the 50% level for hedge funds. Now, if you're wondering why the Dow and the NYSE stocks would go up, think about it: Looser margin requirements means more demand for stocks - and more upward price pressure.
I can just hear the strategy of the hedge fund operators now. "In the old days, we had to put up 50% to buy stocks outright, so for every $100, we could buy $50 on margin. But with the change, we might be able to buy "discounted" (junk) real estate loans (perhaps as CMO's?), use that at collateral (coming under the changes) and increase our leverage down on Wall Street.
Clever, huh? Everyone "wins". The bank offloads junk loans, the hedge funds collateralize them and use them as "security" and then borrow up to their *sses in the stock market. Which drives up the market (to wit, this week's US gains and Dow "record") and the republicorp set up a fine windfall for their contributors. Fine example of boardroom democracy in action, don't you think?
As my friend the Wandering Texas pulled out of the local paper in Dallas while he's back 'in country' for a while, there's plenty of grist for this new money mill: "Dallas foreclosure rate rose 49% from same period last year. Now at highest level since peak of 80's. Fueling the rise, interest rate hikes, rising cost of living, consumer debt, and aggressive lending practices." Boy, won't that give banks more to offload to the hedge funds? Which in turn will fuel stock prices. Yup, crack up boom stuff.
Well, enough for now, don't want to give away the whole drift of this weekend's Peoplenomics report....but you can see how the mechanics of the current rally are working - all in anticipation of even better times to come until everyone figures out the deal. Remember where you heard it.
Oh, one more thing. Remember when you heard it. This is the anniversary of the 1987 Block Monday Crash on Wall Street. Happy Anniversary?
Shake Up
Quake Question Most of the answers coming back to our question about where's the brick and tile (from south America) building that may tell us which city will be the epicenter for a quake between now and December 21st? We've got candidates from most of the California cities (Union station in LA and The Presidio in SF are frontrunners) but none elsewhere outside of CA.
Great eBay Ad Ham radio hobbyists and photographers will find this of interest. I happened to catch an ad on eBay yesterday for a Dentron GLA-100B linear amplifier. I periodically watch the price of such units because I have one (converted for higher power using Svetlana EL-509's). But I was really impressed with the use of the Time Magazine in the ad to give someone unfamiliar with these little amps a sense of just how small they are.
I'm finishing up an eBook on advertising, but this is a good example of what Asian new product photographers often do: put a pack of cigarettes of a known brand into a picture so that someone can see relatively how big or small something is. Just one of the hints from the new ebook, but worth noting if you're in new product development or advertising and aren't familiar with the concept.
Thursday October 19, 2006 Morgellons Breakthrough? Several readers have sent in links to a story on a web site headlined: "Morgellons Disease: New Lab Finding Point to Silicone/Silica and High Density Polyethylene Fibers, Are These Now Being Sprayed on Means and Vegetables?" You need to read this report.
Now, is it true? Is this the source of Morgellons? I put the question to Randy Wymore, head of Morgellons Research at Oklahoma State University. The short answer is probably not, while it's great work, this doesn't look like the breakthrough solution to the Morgellons mystery:
Beyond the Football Plot Department of Homeland Security officials say the rumor from an Islamist web site, that seven US football games would be attacked this coming weekend, is not credible. While we certainly hope the assessment (that the threat is not credible) is correct, we note that there have been many recent reports of jihadists warning their ilk to leave the USA and such. And, as another data point, Sunday is near the end of Ramadan, and as Muslims know, the last 10-nights of Ramadan are special. The date of the rumored plot is Sunday, October 22, and the last day of Ramadan this year. --- As I read the headlines, it seems Ramadan brings out the best - and worst - in Muslims, depending on their interpretation of the faith. On the good side, we read about how the Muslim community is Newark is helping the homeless. On the bad, we note the increase is US combat deaths in Iraq. Not only are US combat deaths up, but as the National Review reports, the danger for non-Muslims in Iraq is increasing daily as the civil war propagates something that might be fairly labeled "genocide lite."
Even George Bush is now admitting that there may be some comparisons with the Vietnam War, and especially with the Têt Offensive. That's quite a step for Bush, although the presence of Henry Kissinger as an Iraq War policy advisor may be driving this recognition of reality.
While British prime minister Tony Blair has been pushing for Muslim women to lift their veils and integrate fully into Western culture, many opinion leaders are offering support of the notion that the veils should be abandoned. The issue of veils and integration into Western group-look has been percolating in the UK because of a teacher (Muslim) who wants to wear her veil at work.
The veil is an interesting problem. On the pro veil side of the argument, I can readily see how a veil is an "anti-marketing" tool. No question about it, here in the land of sexual marketing (take Sex in the City and Bay Watch, as a couple of examples) a veil is a statement of "No, thanks, we'll follow a different tradition."
The West meantime is going completely bonkers on identification - way off the scale in the other direction. While Muslims are seeking to protect the vision of their women, folks like Dick Daley in Chicago are pushing to get every street corner in the city covered by a surveillance camera by 2016. A face covered by a veil is a simple enough way to thwart facial recognition planned for behind the cameras. This while the US considers a scheme to electronically "tag" every airline passenger!
Thus as the Universe operates in paradoxical ways, the issue of Muslim women wearing veils may find itself on the same side of the fight over the right to privacy as strict Constitutionalists.
The Iraq War meantime, has - and continues to be - over oil, not veils. And in this sense, the Iraq War is somewhat of a success because as one report headlines, "Bush's Petro-Cartel Almost Has Iraq's Oil." I expect when that's secured, our troops will come home. Meantime, I'll take my occasional 2-minutes of football on TV, especially this weekend.
Republicorps Sucking Here's a "Duh" headline for you: "Approval of Republicans at record low: poll" Gee, you think the public might change out a few of these page bending, bribe taking, trough sucking corporate hirelings at the polls? Well, regardless, the web bot project says "Constitutional crisis likely ahead" and it could start the day before the elections and last past Turkey Day. Even though we've been talking about this for a while, it's starting to come out in "prequel" form in some of the MSM (mainstream media) such as the NY Times which says chaos may follow elections because of new laws and machines. Two "Duhs" in one story. How about that?
Threatening NK George Bush is talking tough about stopping any further nuclear moves by North Korea. Bet this has kept Air Force planners busy...gotta be some "big stick" planning going on. Meantime, North Korea has advised China of plans for 3-more nuke tests. --- Our worried bot project friends at www.halfpasthuman.com keep looking at how North Korea is in a seismically sensitive area - and wondering what a largish underground nuke might spawn in the way of Pacific Plate movement. Point taken. --- Iran is watching the whole North Korea thing unmoved.
Speaking of Quakes Folks on the San Francisco Peninsula are in for a new wrinkle: When selling a home, they will have to disclose earthquake hazards at least in most hazardous areas.
Quake Question Web Bot crew is worried the Hawaii quake may not have been "It" in terms of the Big One and there may be another between now and December 21st. So here's the question: What is a "pride of the city" kind of 3-4 story brick and tile (from South America) landmark on the West Coast? One of our sources says "How about Coit Tower in San Francisco?"
Solve this one right and you might have the the location of the next big quake. 3-4 story building built of South American brick/tiles. Other guesses? Click here to send 'em in.
Happy Thought on Housing There's a report from CNN that housing starts may be picking up again. This is either good news or a dead-cat bounce.
If You Haven't Had Breakfast ...don't read this headline: "Man dismembers girlfriend in (New Orleans) Quarter, cooks body parts." Gives new (sick) meaning to having someone over for dinner...
Wednesday October 18, 2006 Three Freedoms: Going, Going... There are three stories, each one of which has profound implications for Constitutionalists and those of us who still hold to the Bill of Rights and other traditions of the American system of government which hold our rapt attention today; partly because of the "window" the web bot project has outlined for this coming weekend, and partly because the hold so much potential for abuse of power. Here's the summary - the details follow:
Let's start at the top, shall we? Yesterday George Bush signed a law that says the right of habeas corpus doesn't apply to "unlawful enemy combatants." The "sales pitch" that accompanies this is you (as a presumably good American) don't have to worry because you're not an "enemy combatant." While today that means supporting various al Qaida groups, there's nothing in the law that says supporting the Democratic Party couldn't qualify you in the future, depending on the whim of the Decider and disciples. Most stories seem to promote the idea that the law will be struck down - at least partially - by the US Supreme court. But given the makeup of the High Court (think ducking hunting buddy of the VP, for example) I wouldn't be holding my breath for any major change.
It could be argued that "enemy combatants" shouldn't have the same rights as Americans, the difficulty becomes who is to decide the enemy combatant issue? It's not like something that is decided in an open-to-appeal legal process with judicial oversight. Because of this, I'd point out there's potential for abuse. Especially if you're one of those "terrorist supporting democrats." Remember, we've already been told: "If you're not with us, you're against us."
Second item: For years, I have been warning that at some point -- should the internet become too powerful a force to control, the government would step up and curtail the free and easy access to the internet. Fast forward to today: DHS boss Michael Chertoff is claiming that "We now have a capability of someone to radicalize themselves over the Internet." To me, it sounds like some kind of groundwork being laid for a future move against the internet.
Papers please: You may not read Edward Hasbrouck's blog often, but his report this week on the government's plans to require permission to leave the USA for travel is among the most frightening things I've seen in a long time. What's coming he figures is a:
How would you like to live in a country where government permission is required in advance to visit a foreign country? Well, that's now on the horizon - and starting January 8th of 2007 - two and a half months from now - you will need a US passport to re-enter America if you travel by air - and as Hasbrouck reminds us, permission to exit is the next step.
E Voting Questioned Not that voting in the elections is certain to make a difference. There are lots of questions being raised about the integrity of electronic voting systems. And not just the confessions of programmers who worked on US systems. The latest is a report finding flaws in systems used for voting in Europe.
Condi's Sales Trip Condi Rice is pushing China to slam the door on Chinese trade with North Korea. This, as the North Korean's first bomb test was confirmed to be plutonium based, and as fears continue to grow that NK will test a thermonuclear device (e.g. hydrogen bomb) next. --- Reader comment of the day: "Sending Rice to China is like sending coals to Newcastle..."
Bloody Month in Iraq The killing of 9-US troops in the past day has increased the number of dead this month to 67. --- Also in "The Wars" today: Tamil rebels attacked Sri Lanka's south coast today. --- In Afghanistan, 13 civilians dead. --- A Muslim leader has been charged with murder in the Philippines. --- (And you were wondering why there's an ammunition shortage for us sportsmen and ranchers in the US!)
Digging out Buffalo Six days into the clean up from the unexpected snow, lights are still out in some parts of Buffalo. FEMA is sending a check for $5-million but the state will be stuck for most of the costs..
IRS Snipes Snipes Actor Wesley Snipes (Blade, etc.) has been indicted for tax fraud. Doesn't mean he's guilty, but it does mean there's a lot of explaining to do. And to a skeptical audience in court.
Ken Lay: Not Guilty? Well, here's the deal: There's case law that says when a person is appeal a conviction, if they die before the case is decided, the whole case is thrown out. So, officially, Ken Lay is in the grave with a clean record. Don't know if such things matter at the Pearly Gates...
Music Wars The battle of attorneys over the royalty issues of music video sites continues to heat up. Latest development: Universal Music has filed a couple of suits.
User Note: I've turned on the RSS feeds again. http://urbansurvival.com/urbansurvival.rss and for users of the Atom newsreaders, http://urbansurvival.com/urbansurvival.atom.
Tuesday, October 17, 2006 NK's Next Nuke The world's atwitter this morning with all kinds of rumors about North Korea. Evidently, they have plans for a second nuclear test, now that the first one has been confirmed. --- From the "Trouble over Bridged Waters" file (If you're under 30, the play off the Simon and Garfunkel song might be missed), Condi Rice and company are hoping that China will shut down a key bridge between China and North Korea - which supplies a lot of their consumer goods and fuel. The Rice pitch is that China should follow the recently enacted UN sanctions. But we'd bet a beer that China will find a way to weasel and they have the "manufacturingless" US sort of by the goanies. --- Pyong Yang keeps saying the UN sanctions are a "declaration of war" - not that the Korean War ever ended... --- But it's not like North Korea is off all by itself playing with piles of plutonium. The International Atomic Energy Agency reports that as many as 30-countries may be on the verge of home brewed nukes. The nuclear club includes the US, Russia, China, Frank, the UK, Pakistan, India, Israel, and North Korea. That ought to give the war hawks plenty of countries to plan for bombings. --- Speaking of things
nuclear and physics and such, check this out:
A US- Russian team has managed to create Element 118 - the
heaviest bit of matter yet. There's a catch: This new "
Israeli Politics Israel's president has been lying low following a police recommendation that he be charged with rape. Uh...let me see: the rumored charges might include rape, sexual assault, fraud, wiretapping, bribery, obstructions...yup, sounds like presidential material to us. --- Meantime, by the latest reports, we're not looking for any progress on the Palestinian question.
Iraq's Civil War 91 people dead in Iraq in the past four days in Iraq reports the Seattle Times under the headline "Shiite-vs-Sunni violence turns into open warfare." If it walks like a civil war, talks like a civil war, don't you think that there's a chance that US policy wags have screwed up? But hey, it's all about oil...I mean corporate profits....I mean revenge on terrorists...I mean democracy! George Bush says we're staying in Iraq. ---
Two Trains leave the Station, Redux They collide in Rome, killing one, injuring 60+.
Dead Banker Files Another key Russian Central banker was murdered recently in Russia - and three are being held in the case. But we'd bet a few rubles that they were only following orders from higher ups. --- We have to mention the pressure mounting on Russian conglomerates as the representative Curt Weldon probe is widening in Pennsylvania. As I see it, Weldon may be at risk of becoming another republicon.
Use 'em and Loose 'em A new book out says the Bush administration ridiculed evangelical leaders. So far, the right is standing by their man Bush, but congregations can read.
Our Kind of Editors We noticed the Fort Worth Star Telegram put its House page scandal update under "National Briefs" today. Sorta makes sense. That's what the whole story is about, I reckon...
Population Number 300,000,000 in the US now, plus or minus half of Mexico.
Alberta's Business Climate One of the things I've been doing daily (I mean besides breathing, and such) is noticing how many times the term "shortage" pops up in the http://news.google.com search engine. You know that's because this year we are supposed to begin our encounters with scarcity and a few other not-so-fun sounding events say the future predictive boys. OK, so when I run the search I come up with "shortages" that strike me as odd.
Today, I'd draw your attention to the evolving shortage of burger flippers in Alberta. "OK, George, so what?" Ah, the point. This underscores on of the problems the whole globe will go through (over the next year or two) as things deteriorate on all fronts, social, economic, and so on. You see, in classical economic terms, there is no shortage of labor - only a shortage of compensation to hire capable workers.
"But wait, George! (I can hear you thinking) If the burger joints paid more money, they would pull labor away from other industries - and that would drive labor price inflation."
Business models are funny things: I'm sure the problems of burger joints in Alberta could be solved with higher wages. But while that might solve the HR issues, the gross profit margin would drop (GPM) and then you run smack into the question of whether the company can even theoretically remain profitable at anything approaching a real world volume, let alone in a price inflation driven decline.
So while there's a lot of general talk about the dangers of derivatives (and yes, that's a real problem), the whole economic doesn't end until we have a wholesale realization in board rooms that existing business models no longer work. When that happens, you'll want to be as far from paper assets as you can get.
UnitedHealth Options Things are getting ugly in another options backdating case.
World of Taxcraft Seems virtual worlds Second Life and World of Warcraft are getting some real world tax scrutiny. Second Life's economy is growing at 10-15% per month - and what we're waiting for is the definitive paper on economic collapses in virtual worlds - that'd be a lot more fun that the multi-agent Fed studies which are kinda dry reading...
Sex and the Clothes Horse A new study out of UCLA says women tend to dress up more when ovulating. I have to remember to save this one in case I'm ever asked to teach a Marketing 101 class...
Elaine and Ma Nature Elaine took Panama Bates down to the Houston airport yesterday as he's off adventuring again in Panama. What timing. The trip was just in time to thoroughly wash the undersides of the car in 12" deep water standing water on many roadways as flooding hit the Galveston/Houston area. 10+ inches of rain in some areas of Houston. Only about 2 1/2" in the rain gauge here in arid East Texas, though. Still, our burn ban may come off this week, which would be nice.
Plan for Brownouts The North American Electric Reliability Council has issues a reliability assessment - and the outlook is not good. Key part:
Talk Radio On Steve Quayle's show tonight at 7 Eastern.
Monday October 16, 2004 Hawaii: Aftershocks and Cleanup Aftershocks are still popping today following the big quake Sunday in Hawaii: The reports from people who experienced the earthquake in Hawaii are still coming in. Here's a typical account:
We've been waiting for this quake for a long time - since early April in fact when the web bot project made references to earthquakes in the Pacific as "Five Toes Kick Ass" in an April 2006 web bot report (report extracts here). As one bot run reader said:
The fear of the 24-26th window is justified, say the runs covering the upcoming period - but you'll see for yourself when America enters its Constitutional crisis next month. And I thought knowing a bit about the the future in advance would be fun...it's not.
Bush Ranch II - in Paraguay! We're watching the reports out of South America that the Bush family is in mid purchase of a 98-thousand acres ranch property.
Tamil Attack Kills 67 Situation in Sri Lanka continues to intensify with 67 dead in a bombing og as convoy today by Islamist Tamil rebels. So much for peace talks. --- Militant Jihadists are continuing to dispense death in Iraq, where 86 Iraqis have been killed over the weekend in continued intercine fighting. And the insurgency has declared the new Islamic State in Iraq.
British Airways in Cross Row The headline in the UK's "Mirror" says it all: "If a Muslim can we here veil to work, why is my cross forbidden?"
NK's Response There are concerns around the Pacific rim that North Korea may launch terror attacks on Japan in the wake of UN-backed sanctions being passed. Kim Jong-il is taking the sanctions in stride and doesn't seem much bothered by them.
War With China? A very good read in the Asia Times under the headline "If it comes to a shooting war" is worth a careful read - it comes from a retired brigadier general, so the spend a few minutes on it.
Watching Commodities Crude oil has continued its recent gains in early trading this week. We're watching it - along with the grains complex - for clues as to whether the economy breaks to the hyperinflationary side, or if more deflation is coming along. It's a safe bet - at least for now - that the Fed won't be raising or lowering rates when they meet later this month.
Sunday Special Update: We Own the Future Hawaii Quakes: Web Bot Hit As a reader of UrbanSurvival, you're no doubt aware that we have been privileged to have exclusive access to future predictive technology developed by my friend Cliff at www.halfpasthuman.com. You will also recall that I've been warning of a "Major October earthquake for a long time - in fact, on August 15th, I was interviewed for a television documentary on "prediction" that is planned for air this winter. In that interview, I explained in general terms how the technology works and that it was forecasting, among other things, a large Western US earthquake in October. It was to be the denouement of the "Five Toes Kick Ass" earthquake sequence that has been developing in web bot modelspace.
Fast forward to 7:07 AM local time in Hawaii today. A 6.3 (preliminary) quake which left much of the island of Oahu without power, people stepping on broken glass in their pajamas, and much concern about damage to buildings in the capitol.
Now, when I say "We own the future", we have tried to share glimpses of events in advance:
But now let's skip the "we told you so" and reveal publicly for the first time the specific forecasts that was given to web bot project subscribers in April and June of this year (No forwarding or posting without links and credit, please):
So as we watch the news for the balance of the day, we expect to see the personalities come forward and for additional portions of the forecast events to be fulfilled.
Oh, and about that referencing of latitude 50? Sorry. In our post quake debriefing today, we concluded that the reference to 50 (which we errantly took for latitude) was to the 50th State and that all of the "Five Toes Kick Ass" entity (more on this in a sec) were islands.
Going back to a previous future scanning run, ALTA 1006 (April 7, 2006) we find where the whole notion of the five quakes starting with the May quakes in Indonesia laid out pretty clearly:
So, if we read this right, the Sunday quake in Hawaii should be dominating headlines for several weeks to come. That's if there's not another Big One lurking around this same timeframe. But for now, it looks like the Sunday Hawaii Quake was "it". If you go back and read our week ending June 17th report, based on ALTA run data, the "kick off" event of the five toes sequence was the Indonesia quake which came complete with the forecast "wedding interrupted."
Just wait till we get to the October 24-26 timeframe. If the bots are right, and you thought the quake was interesting, what's coming ought to shock you to your core.
Custom Web Bot Run Our friends at www.halfpasthuman.com are putting together a custom run for a hedge fund or two. If you are interested in gaining a radical linguistics peak at where the future seems to be headed - and you can afford to spend in the low five figures for 60-70-pages of future predictive research that is more trading and markets oriented than the general web bot runs, please click here for details.
News from Elliott Wave International Instead of our customary chart, this week you get a free peak at one of our other charts from www.peoplenomics.com - this is our "Global Markets Equally Weighted" chart:
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George Ure, The People's Economist | |
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