Monday, July 6, 2009
Sorry to my readers
Mike
Sunday, July 5, 2009
GEOPOLITICAL QUANDRY Will something fall out of this
Well we have two fronts in the Nuclear power saga up and running at the moment . The First and potentially most dangerous is in my view the treat of Israel on Iran . First off the US will do little to stop such an attack. Second I see in a report that the Saudis are not stopping Israeli planes from flying through their air space if such an attack were to be launched . Also Israel has in the past proven that they are well capable of such an attack as they bombed an alleged Syrian nuclear facility in 2007.
The election fallout at the moment must be getting a lot of attention from Mossad. We see daily internet clips from mobile phones of the split in the people. Which reminds me of the old saying divide and conquer. Israel must be weighting things up big time these days. I personally think Israel will make a move on Iran, the clock must be ticking on this one. Israel has the capacity to take out any Nuclear infrastructure they want with conventional weapons and know they have the BIG arsenal to prevent any retaliation.
The Second Nuclear story is more a song and dance affair . It's another divided country judging from the stories that are leaking out of North Korea. But this is more a show of we like to be known too. Iran has been getting a lot of the headlines and Kim wants to be up there in the news. He must like the US more than people give credit as he fires off the biggest and best rockets he can to celebrate the 4th of July. He lit up the skies on the 4th in 2006 too and kicked off the celebrations in the US with a long-range Taepodong-2 and six smaller missiles. I don't think this threat is as big as is been made out in the popular press.
While the Chinese dont appear to be to upset with his developments they may not be showing the support he would like to be receiving . At the moment there is a did he or didn't he visit China with regard to his son and soon to be new leader of Korea. The Financial Times keep saying he did and if history proves to be right he did in fact visit. We have seen these denials in the past only to be proven right.
But how did he get along with their old allies is the question? China's attitude towards North Korea has hardened, shown by its recent support for sanctions against them. Also since that visit the ruling Korean Workers' Party has ordered the removal of Chinese-made cookies, candies and pharmaceuticals all in the guise of preaching self-sufficiency.
The only danger here is the sanity of the man himself . I don't think he is mad in the sense that he's going to do something crazy but, he has been reported to be in not the best of health . He sent his son and heir to his biggest ally to have at best a middle of the road meeting and more likely rejection . China needs things to go very smoothly with the rest of the world as they try to kick start their economy. Kim could feel so isolated here that he could think well I'll go out with a bang. The world will remember me one way or the other. I don't think it will happen but it's the mad things that happen. I lived to witness 911, I missed two world wars thank God but WHO WOULD HAVE EVER THOUGHT is what comes to mind.
The worrying thing was the response of the Israeli Trade and Industry Minister Benjamin Ben-Elizer whom blasted the US on their response to the Korean Missile Launches.
"I am very concerned about the United States' reaction to North Korea's gross provocation," Ben-Eliezer said in a speech delivered outside Tel Aviv.
Now why would he be blasting the US !!!!! Has Israel got some plan or are they all mouth like the rest of them. Well you do have to be seen and heard whether your a little man or just think your big enough to win.
Two stories tied together at the hip.
The outcome of Israel / Iran a short but brutal war. World economies in tatters
The North Korean story is about a little man who want's to be seen . Nothing going to happen. Unless!!!!!!
So if any, which comes first Iran or North Korea
It's the flip of a coin in my book.
Heads Iran / Tails Iran and if it lands on it's side Korea.
Not the most reliable source wikipedia but some info is ok , You should verify anything from this site.
http://en.wikipedia.org/wiki/Kim_Jong-il
http://en.wikipedia.org/wiki/Mahmoud_Ahmadinejad
Other links
http://www.timesonline.co.uk/tol/news/world/middle_east/article6638568.ece
http://www.theaustralian.news.com.au/story/0,25197,25735849-601,00.html
http://www.google.com/hostednews/afp/article/ALeqM5hzRpTuwqgSm3eOrlneK3R5WKY8pA
Thursday, July 2, 2009
THE FAIRYTALE RECOVERY
Now for the killer blow .
The one time that it failed was, you guessed it 1938. I think that this time the Golden Cross was manufactured. We have seen very low volume. Each day we have seen the big buy the market at the close along with big pops at support levels which would indicate the computers were kicking in as they were programmed to. We know that of late a lot of people in companies are selling into this rise so who's buying? Well I think it's Government Sachs . The idea is if we get the markets up we create wealth and in the end we save the world. Well I'll have you know this Algorithmic Trading could be the downfall of this very plan that they are using. It has indeed dragged many to the market with their own systems triggering their buy signals . But what happens when someone spots that the Devil himself is pegged to the Cross. Yep they run for the exit only to fall through the trap door to Hell.
We have some clever company insiders selling into this rise. Who would blame these captains of industry cashing in as they know better than anybody how things stand on the ground. According to the latest figures from Bloomberg $800m took flight from the market, the first time money left the market in some time. This number is important as the latest figures show that Americans are saving more now. I wonder if in fact this $800m is the same cash that's been saved.
I have noted from many stock bulletin boards that many are having a nice ride up with the market. The one thing that stands out with many of these traders is they are ready to short this to the floor on the expected turn. If the computers kick in with their sells and these traders get to work I'm thinking there is a Hell after all.
A FAIRYTALE RECOVERY INDEED .
