Sunday, May 24, 2009

US$, Gold and Silver charts

Technically Precious with Merv For week ending 22 May 2009
The week started out on a sour note but ended up okay. Gold seems now to be more
comfortable on the up side. The sharp drop in the U.S. dollar isn’t hurting any.
I get into the U.S. $ Index every now and then. I was planning to talk about it briefly over the
past several weeks but I just kept putting it off. Well, here it is and Obama’s stimulus program
is really working as expected. Unfortunately, many analysts are convinced that this is just the
start of the U.S. $ plunge. Trillions in debt, what could possibly go wrong?

(more / PDF file)

Gold & Silver Stocks Breaking Out

Precious Metal Stocks

Several gold and silver stocks are breaking out today (5/20/09). It remains to be seen if they hold and obtain, but right now it is occurring.

Many of these stocks have been on our stock watch list, in the portfolio, and or in recent email updates.

Following are the charts of some of those breaking out today: GG, AEM, GFI, PAAS, and SLW. There are others as well.

There is nothing much to say that the charts aren't saying, except that breakouts can fail and they need further confirmation from both price action and volume. (more)

A Different Look At Past Financial Crisis

the Great Depression, Montagu Norman, the Federal
Reserve, fiat money, gold, the Bank for International
Settlements, inflation/deflation, the train
wreck financial crisis...

Click here to listen

Economic Collapse to Trigger Social Pandemonium

Lee Bellinger

(Editor's Note: This urgent, time-sensitive briefing from Lee Bellinger, Publisher of Independent Living, reveals some deeply disturbing developments right under the surface. While, to some, the following might seem like sensationalist hogwash, to your editor, it is like "singing to the choir". It would be foolish not to consider these possibilities. - JSB)

U.S. Preparing a Military Response to Coming Social Chaos

As the shocking confidential information contained in this briefing shows, the threat of social meltdown and chaos is so large a domestic law-enforcement arm of the U.S. military (referred to by The Army Times as the "Consequence Management Response Force") has been created to deal with what U.S. officials believe to be a coming, unprecedented wave of massive social chaos.

Later I'll show you why many Washington insiders (including officials directly involved in homeland security) are personally making emergency preparations for social chaos. In addition, outgoing Treasury Secretary Hank Paulson told Sen. James Inhofe and Rep. Brad Sherman that so much financial mayhem lies ahead U.S. troops may have to impose martial law to deal with social unrest. (more)