ghurd Announcing BlackPlanet Radio and More! Read more on the MemberAdvocate's Blog http://bit.ly/so6Oms - November 16, 2011 add/view comments (3)

Stopped by to say hello Gordon. Cheers. J

Killing AMericans Legally...

SO the US Justice Department is stating that their is legal precedence to kill AMericans...

(1) Bill of Rights protects Americans, is worthless now:

"Amendment VI

In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the State and district wherein the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him; to have compulsory process for obtaining witnesses in his favor, and to have the Assistance of Counsel for his defence."

(1) Since the US PResident has killed 3 AMericans without a trial by jury, who else can the President of the United States target?
(a) political leaders?
(b) industrial leaders?
(2) Do these powers that the US President hasm to kill AMericans without a trial, do these powers continue after he leaves? Or, when this opaque war on terror ends?
(3) Will the President only use drones to kill AMericans?
(4) Who is legally allowed to kill Americans for the President?
(5) What justifies an "emminent threat to the US" in order to be killed by the President?
(6) Can the US President be impeached for killing US citizens and denying their rights to a trial?
(7) Can any offical of the US government now legally kill Americans if they are seen as an "emminent threat?"

Unlimited QE By Bernanke ⿦. 300 000 000 000 Dollars Since September 2012
(I apologize for the length, but it is Monday, and a lot to review)
OK, quick look at the US markets and we have the Dow above the Andrew⿿s Pitchfork that I drew over a week ago and posted on Facebook. As you see in the chart, the Andrew⿿s Pitchfork started on November 16, 2012 , with the Dow rallying from the low of 12 471, and has been rallying since then. In December, I also posted if the Dow stayed above 13 600, (the yellow line) it would continue rallying. I did not expect the Dow to keep rallying above the yellow line, but the moves by the Bank of Japan have continued to keep the global markets rallying, with Japan pushing unlimited QE until Japanese inflation hit⿿s 2%. Also, add that the US Federal Reserve added $40 BILLION a month more in Infinite QE two weeks ago. That makes $180 BILLION of QE by December, and next month the US Federal Reserve will have pushed over 300 000 000 000 of QE.
On the financial media, only Rick Santelli is warning the rest of investors the consequences of constant QE under the Obama administration. Hyperinflation of food prices in emerging markets will cause political instability that mirrors the Arab Spring, which was caused by wheat prices. I am waiting for rice to explode in value.
Dow Wave Patterns:
As long as the Dow stays above the purple Andrew⿿s Pitchfork, I will continue to remain bullish on US markets. Since January 25, 2012, the Dow has created a base at 13 875, hitting 13 875 more than 5 times since then. Dow remaining above 13 875 I remain bullish, below, I am bearish.
European Markets:
I mainly focus on the PIIGS, or Portugal, Ireland, Italy, Greece, and Spain, when I look at the European markets. Spanish unemployment is still above 20% and the macro data coming out of Europe last week was opposite of the positive statement that European Central Bank President Draghi from Davos:
⿿DAVOS, Switzerland (Reuters) - The "positive contagion" on financial markets is not yet feeding into the economy at large but the euro zone should see recovery in the second half of the year, ECB President Mario Draghi said on Friday.⿝
A look at the Spanish IBEX (http://www.bloomberg.com/quot e/IBEX:IND) will show the IBEX is bullish, but look at the one year chart. We are about to experience the repeat of the wave patterns from October 26, 2011 to May 31, 2012 in the Spanish IBEX, since Spain has done nothing to resolve it⿿s economic crisis, and now Spanish PMM Rajoy has stated Spain will not be asking for a bailout. This has caused Spanish 10 yr bonds to rally from January 11, 2013 and Spanish 10 yrs are above 5% now. I am looking for 5.5% before Spanish markets starts freefalling 200 to 300 pts a day.
A review of the 3 yr chart of Spanish 10 yr bonds will show you why Spanish 10 yrs are so important to understand (http://www.bloomberg.com/quot e/GSPG10YR:IND/chart) when it comes to global markets. Every time the Spanish 10 yrs have rallied above 5.5%, the global markets have experienced a major sell off, and the US dollar has overheated. The US dollar overheating then causes the EUR USD (Euro vs USDollar) to sell off as well.
Italy is also a problem, as much as Spain, but I will explain that tomorrow.

David Kiehlmeier

Welcome back investors ⿦
Lot to understand today, I apologize for the length, but you need to understand what is going on:
US Republicans are trying to push the debt ceiling discussion 3 months further, in order to buy the US markets more time and to give the Republicans more of a bargaining edge against the Obama administration. This is a problem for the US credit rating, since Moody⿿s has warned the US that it will cut the US credit rating if the US does not resolve the debt ceiling crisis. I give the US until March 31 before Moody⿿s gives the US a rate cut.
Other macro issues that are getting ignored the following 3 events:
(1) Greece needing 10 billion euros. This is due to the Greek government being shut down for two months last year, caused the Greeks to get behind in their payments. Think of it this way, just because you lose your job, do your creditors stop interest payments? Same thing with Greece. Greeks owe the German Bundesbank ⿦ Grrece needs to get rid of the Unions and develop natural gas along the Greek islands or become a third world country. By the way, Merkel is facing elections in October, so if you think Merkel is going to force Germans to more Greek debt before elections, you are smoking crack. Goldman Sacs hid the Greek debt in order for Greece to get in the Euro zone why they are not being charged⿦ too powerful.com.
(2) Spain Prime Minister Rajoy has reversed on his decision to ask for a bailout by the ECB. This is important because the EUR USD and global markets have rallied since Rajoy announced in December that Spain would take the ECB bailout, causing the US dollar to fall in value, and gold to rally. Now that Rajoy has reversed his decision, you can see the results in the Spanish markets and the EUR USD after 8 am GMT. If the Spanish IBEX (http://www.bloomberg.com/quot e/IBEX:IND) goes under 8 575, and the Spanish 10 yrs remain above 5%, goo ahead and get the fat lady, cause she is about to sang her %#&@$! off. I am looking for Spain to get locked out of the bond markets.
(3) Italy ⿦ love the power of greed in politics. Monti has a wicked chess game, as explained in Wall Street Journal about a month ago. Monti is facing elections this year, and Italy, like most PIIGS, are anti Euro, even though they enjoyed all the easy money for the last decade. Monti is not asking for any bailout money because Spain asked for bailout money ⿿ which cause Italian bonds to cool down, without Italy having to change any of their economic policies. Problem is, Spain⿿s Rajoy just changed his mind⿦ and Italian bonds are about to heat up.



David Kiehlmeier