The US debt currently stands at $16,203,845,445,635.71
Exactly one year ago it was: $14,939,232,547,985.08
In one year the US borrowed: $1,264,612,897,650 = $3,464,692,870 per day.
Which means if we continue to add $3,464,692,870 per day to $16,203,845,445,635.71(current debt as of today). The US debt ceiling of $16.394 trillion will be breached on December 18th 2012.
They will most likely postpone a US default till possibly February/March using Treasury tricks while they work out a new deal. I believe when they work out a new deal it will probably call for an unlimited ceiling. Similar to what happened in QE Infinity. They will probably need an unlimited ceiling if their plan is indeed to wage war with Iran, Syria, China, Russia.
So December – February I expect everything to be weak. Stocks, Bonds, Gold, Silver etc. Then once the Debt Ceiling is raised Commodities such as Gold and Silver will go to infinity. I believe Gold and Silver haven’t taken off yet after QE announcement because of a Debt Ceiling Scare in the markets. Remember if the Stock markets drop the big Hedge Companies sell their Gold and Silver to make up for loses. Once the Debt Ceiling has been resolved it will be like Xmas for us Silver and Gold bulls!
The stock market I believe will drop back down. Dow 10,000 S&P 1,000. (at least) I believe Silver might drop back down to $20 per ounce in 2013. I could be wrong. I am no expert but I am great at pattern recognition and have alot of common sense. I am noticing that the Silver chart of 2011-12 looks like a bigger version of the silver chart in 2008. I think Silver is going to push back up towards $38-40 then drop rapidly to $20. Once it stabilizes at $20 and the crisis is behind us within 3 months it will probably recover and go balistic to the upside. It will climb fast because of the physical shortages, oil/ gas prices due to war and high inflation. I also believe that if you wait till $20 Silver you wont be able to obtain it. It will probably sell out every where. Once this event occurs the paper shorters might switch their positions like Sinclair suggested. Just my thoughts. Lets see what happens within the next 6 months!
This reply was modified 1 year, 9 months ago by StackerX.
Also just because Silver might drop to $20 per oz doesnt mean you will buy the physical at that price. Thats the paper price. You shouldnt wait to buy till then. Right now $32 spot is a great price. Under $30 is even better if you can get some!
Damn in only 6 days the debt went from $16.2 trillion to $16.261 trillion. That is ridicules! Only $133 billion to go! 38 days to go now before debt ceiling breach if they maintain 3.94 billion per day worth of borrowing. December 10th now?
Now $16.286 Trillion. Notice how now they are talking about removing the ceiling altogether. By February they will have a new or unlimited ceiling. By March/April we will most likely be involved in new war. Still have March 19th as start of US War. This is the goddess of wars birthday. On March 19th we entered two wars after year 2000. If memory serves me right it was the date we started Afgan and Libya war.
I dont believe Israel and Hamas peace talks will be successful. I believe intelligence agencies in US and Israel will most likely make sure it escalates and stays hot until finally US enters conflict. Eventually Iran will be entered into mess and we will have our Keynesian War or WW3. Hopefully this new war doesnt begin how Albert Pike in 1871 described WW3. He describes WW3 starting with Islam and political Zionist mutally destroy each other.
If new war occurs in 2013 this is when we will witness Gold and Silver moving to new unbelievable highs like gold $5,000 and Silver $250. By end of 2015. Technically Gold hasnt moved higher since late 2011 because Obama had to pull out troops by December 2011, because of a Bush mandate and to help him win election. Now that election is over war will continue.
War escalates Gold. This and excessive money spending has caused the Gold and Silver bull market.
Here’s my 2 cents worth. While the markets will push back-and-forth with some small crashes its easy to make an argument either way. However, if you put the pieces together such as John Williams at Shadowstats notes the QE1, 2 and 3 was primarily to prop up and save the markets (NYSE, DOW, etc.) a large crash probably will not happen.
@Powerball I feel the same way. Although I feel the Dow for instance will probably go back down to the 10,000-10,500 point range(short term) i dont believe it will drop lower. The Fed will intervene in some way IMO. Afterall the only reason the Fed exists is to prop up their banking empire. I think if Hyperinflation takes place we could see 20-30,000 point Dow possibly by 2020.
Lets look at the 100 year Dow.
After the Gold Confiscation order by FDR in 1933 the Dow went from like 65 points to 1000 by 1966.
then it went side ways from 1966-1982 (15 year bullion Cycle)
After Voucher raised rates to as high as 20% the Dow went from 1000 points to as high as 13,500 ish.
I think next it will go back to 10,000 points then shoot up 10 fold to say 100,000 points after 15-20 years. This cycle will begin when the new world reserve currency is introduced and rates will be forced back up probably by 2016 when we have a new US president. It will end when it begins to show signs of weakness around 2030-2040. At which point another 15 year bullion cycle will begin again and the Dow will trade sideways again for a number of years.
The only way this Dow prediction doesnt happen is if Fiat currency and Centralized banking is destroyed. It will be a very interesting 30 years.
This reply was modified 1 year, 8 months ago by StackerX.
This reply was modified 1 year, 8 months ago by StackerX.
Since the year 2000 the Dow has made one full ABCD pattern. It is about to complete its 2nd A formation before it drops down to its B Formation (10,000 points)at which point it will shoot back up to around 13,500 points (C) then drop massively back down to complete its second ABCD (probably Dow 8-10,000 points). Each ABCD pattern looks to take roughly 7-8 years.
From 1966 to 1982 their were two ABCD chart patterns. From 2000-2016 their will also be two ABCD patterns. Once these two ABCD patterns are complete the Dow will probably rise by 2020 by at least 150%. 150% of Dow 10,000 (2016) is 15,000 point Dow by 2020.By 2030 Dow will probably be 50,000 points (500%). I am just going by what the 100 year Dow chart is telling me.
Just looking at the Dow chart. I believe World Wars look to start between the B to C Formation. So if we are currently at (A) we will have the start to WW3 at about 2014-15 when the B formation is complete.
This reply was modified 1 year, 8 months ago by StackerX.
@Underground I never stopped posting. I did slow down my posting in the last few weeks because I have been fairly busy and I didn’t want to sound repetitive. When I have new ideas I post. I could probably add 50 new threads in the Tin Hat Club Area, but I think I added enough for now
I don’t focus at all on my SD ounces count or the stack leaderboard. I feel with the amount of time it takes to get 1 real silver ounce (with what 5000 SD ounces?) I could spend that same amount of time doing something that will get me a hell of alot more.
I had an idea for perhaps a mock bucket shop for the SD ounces count where we pit SD subscribers in a face off for price projections in any market. Sort of gambling with our already earned SD ounces so we could get more faster. Imagine you were to bet say 20 SD ounces against another user on the price of oil on a particular day or time. I think that would be cool.
A resolution to the debt ceiling will only lead to the next debt ceiling impass and the next debt ceiling resolution. Pretty much every govenment on the planet is stuck in the same trap. There is no way out, only postponement untill destruction.
Now $16.334 Trillion. $60 billion left. At $3.46 billion per day they will surpass $16.394 trillion in 18 days (Dec 20th). We all know they will most likely have the treasury buy them some time while they strike a new deal.
They are spending $3.94 Billion per day. That would mean the Debt will be at $17.697 Trillion by Jan 1st 2014.
By mid 2013 when the Fed doesn’t raise interest rates on Treasury Bills we will begin to see a very weak T-Bills and 10 year Notes market. By Jan 1st 2014 It will be apparent to all they cant raise it. According to the 1970-2020: Interest Rates on National Debt Chart(submitted by the Federal Debt and Interest Costs Congressional Budget Office), the rates are projected to begin to rise mid 2013. The Emperor will have no clothes by the end of 2013.
Now $16.365 Trillion. Only 29 Billion Big ones and 15 days to go before Xmas. Looks like Obama is pushing for that unlimited Ceiling I mentioned over a month ago. I wonder what else they will happen to throw into the legislation last minute that will really screw us all over. Last year around Xmas they gave us NDAA on New Years. This year will certainly be much much worse.
@MaryB I believe we wont have a reset until 2015 at the earliest.
i believe that before September 2013 the US Dollar will lose its reserve currency status due to Poor Tax Receipts after May, US downgraded again, War , New Unlimited Debt Ceiling and BRIC nations conspiring against it. This will be seen by US government as retalation by China and Russia for attacking Syria which will grow into a larger conflict.
Sometime mid 2013 faithful bond investors will also begin to become impatient because rates still havent risen and the Dow should be between 10,000-11,000 points IMHO (based on ABCD dow patterns of 70′s). With Bonds, Stock and Real Estate market looking weak investors seeing a weakening dollar will begin to Influx into gold first then Silver 3-4 months later.
As for Gold and Silver I currently believe it wont break $35 Silver $1800 Gold resistance until after new debt ceiling deal has been negotiated. At around/by May US with Nato will probably strike Syria which should cause Gold and Silver to break its 2011 highs shortly afterwards. War in my opinion is what is forcing Gold and Silver to rise despite market manipulation since 2001. War is the black swan event that pushes oil higher and all other commodites with it. After troops were pulled out of Iraq in December 2011 Gold and Silver have traded sideways. Troops were pulled in 2011 due to a mandate by W Bush before he left office.
With the US/Nato at war and the dollar on the ropes the next QE program wont be by the Federal Reserve but instead by the IMF. They will create SDRs to counter a larger war that will brew between Europe, US, Israel vs China, Russia and Iran. Soon afterwards other countries will join the new World War. For example North Korea strikes against South Korea. Egypt may strike Israel during war. Egypt is now controlled by Muslim brotherhood and may join brother muslim country Iran in fight.
This Third World War has already started covertly. Eventually it will grow into a shooting war.Possibly on the Federal Reserves 100 year old anniversary 12/23/2013.
By the end of the war Israel and all muslim countries will be destroyed because the war will be conducted in these countries. China will probably come out victorous and will eventually wage a ground invasion on US soil to end it. There is a reason Nafta was passed and one of them is probably Illuminati/Rich want to preserve their companies from destruction of war.
The illuminati began implementation of this plan when Nixon traveled to China in the 70′s. Nixon–> Prescott Bush–> Rockefeller–> Rothschilds–> Probably Vatican is at the top. Rothschilds manage vatican wealth. Think about it. Who is the natural enemy of the Vatican/ Catholic Church (The Muslim and Jewish religion). The illuminati was formed by a jesuit priest. USA has been mostly a protestant country for most of its history. Early protestant settlers left Europe to get away from the Catholic church. After Abraham Lincolns assassination the US didnt communicate with the vatican until the 1960′s with the mafia controlled first catholic president JFK. JFK broke control and got eliminated in the process.
All these events were planned decades ago. These countries all work for bankers/ illuminati. They arent really enemies behind the scenes. They are all working together to bring about the NWO using Albert Pikes 1871 blueprint of 3 World Wars to make it happen. The NWO = Dark Ages 2.0. After NWO has complete control of all countries world population will be reduced to under 1 billion. This is all based on 10 years of research.
IMO all roads lead to Rome.
youtube: Conspiracy Theory/ wall street 18:47-20:00.
Look like the cartel is back at it. Go cartel! Its your birthday! Its your birthday. Congratulations you knocked silver back down under $30 per ounce.
I figured it would touch $40 an oz before dropping under $30 but QE3 has been a bust from a silver investors point of view. Anyway I originally thought Silver might drop back to as low as $20 per ounce(see previous posts above) here is why:
Silver has ABCD cycles as well. Everytime it gets to D it drops by 30% last 4 times. Strange I guess. Computers perhaps?
In 2011: $49–>$35
In 2012: $36–>$27
$34–>dare I say $23
My next guestimation would be Silver moves back up from $23 per oz by 130% (average of last 4 “A” cycles but I believe 2013 will see war so lets double it to 160%. ($37) then a slight drop then a massive move upwards. When it breaches $36 it would be a major buy signal to many traders. This will make the “C” cycle touch $50 again msybe even breach it.
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