Saturday, February 4, 2012
from King World News:
With gold trading roughly $35 lower, silver down nearly $1, today King World News interviewed James Turk out of Spain. Turk told King World News that this corrective action in gold and silver is healthy and a prelude to a major bullish move to the upside. Here is what Turk had to say about money on the sidelines and where gold and silver are headed: “Sooner or later that money is going to realize the train is pulling away from the station. Whether this money comes in next week or the week after, I do very much like this trading action. I’m very bullish here short-term on gold and silver, it looks very, very good.”
James Turk continues: Read More @ KingWorldNews.com
AT&T (NYSE:T) — One of the most recognized brand names in the world, AT&T is expected to see gains in consumer wireless and broadband services. Its strong balance sheet, long-term customer relationships, and expanding profit margins should result in an increase in the P/E multiple of the stock along with an increase in earnings. Analysts estimate AT&T will earn $2.27 in 2011 and $2.53 in 2012.
The stock has a dividend yield of over 6%, and fundamental analysts have a price target of $34, which, if reached, would result in a total annual return of 18%.
Technically the stock has reversed from its 50-day moving average and flashed a buy signal from our internal indicator, the Collins-Bollinger Reversal (CBR), resulting in a six-month target of $36.
So says Dmitry Orlov (www.cluborlov.blogspot.com) in edited excerpts from his original article*.
Orlov goes on to say, in part:
- depression and
and applied it quite successfully to various forms of catastrophic personal loss, such as death of a loved one, sudden end to one’s career, and so forth.
Applying the Kübler-Ross Model to Economic Collapse
Several thinkers, notably James Howard Kunstler and, more recently John Michael Greer, have pointed out that the Kübler-Ross model is also quite terrifyingly accurate in reflecting the process by which society as a whole (or at least the informed and thinking parts of it) is reconciling itself to the inevitability of a discontinuous future, with our institutions and life support systems undermined by a combination of:
- resource depletion,
- catastrophic climate change and
- political impotence.
So far, [however,] little has been said specifically about the finer structure of these discontinuities. Instead, there is to be found a continuum of subjective judgments, ranging from “a severe and prolonged recession” (the prediction we most often read in the financial press), to Kunstler’s “Long Emergency,” to the ever-popular “Collapse of Western Civilization,” painted with an ever-wider brush-stroke.
For those of us who have already gone through all of the emotional stages of reconciling ourselves to the prospect of social and economic upheaval, it might be helpful to have a more precise terminology that goes beyond such emotionally charged phrases.
Defining a taxonomy of collapses might prove to be more than just an intellectual exercise: based on our abilities and circumstances, some of us may be able to specifically plan for a certain stage of collapse as a temporary, or even permanent, stopping point. Even if society at the current stage of socioeconomic complexity will no longer be possible, and even if, as Tainter points in his “Collapse of Complex Societies,” there are circumstances in which collapse happens to be the correct adaptive response, it need not automatically cause a population crash, with the survivors disbanding into solitary, feral humans dispersed in the wilderness and subsisting miserably. Collapse can be conceived of as an orderly, organized retreat rather than a rout.
The collapse of the Soviet Union, for example, [did not deprive the population of] food, housing, medicine, or any of the other survival necessities. Many institutions, including the military, public utilities, and public transportation, continued to function throughout [the decline. Even though] there was much social dislocation and suffering, society as a whole did not collapse [and this] allowed the Soviet population to inadvertently achieve a greater level of collapse-preparedness than is currently possible in the United States… (more)
Life and Debt . The elite want to keep their populace ignorant, fat, immobile, and depoliticized so a select class can profit, profit, profit , it's referred to as breeding "sheeple". we the people need to look inward and fine the solution in us....we need to set our own standards and stop follow policies design to benefit them... example we always want what is from foreign and what we don't produce replace our Breadfruit for Irish potato.The reality of power/self interest is far more corrupt/insidious than what we can even dream of .The new World Order was put into plan after Hitler,USA as well as England and the Other G20 countries are the cause of chaos,create war an dependence an own,slavery is always,look deep because it is well hidden in poverty, Know thyself and choose wisely whom you serve. Do you serve the will of the usurer (usury is backed by evil/lucifer) or do you serve the Creator. .
Jamaica — land of sea, sand and sun. And a prime example of the impact economic globalization can have on a developing country. Using conventional and unconventional documentary techniques, this searing film dissects the "mechanism of debt" that is destroying local agriculture and industry while substituting sweatshops and cheap imports. With a voice-over narration written by Jamaica Kincaid, adapted from her book A SMALL PLACE, LIFE AND DEBT is an unapologetic look at the "new world order," from the point of view of Jamaican workers, farmers, government and policy officials who see the reality of globalization from the ground up .Unbelievable! I cannot Understand Why the USA Behaves Like the Roman Empire But as you Know HISTORY ALWAYS REPEATS ITSELF!
Boy oh boy, do I ever have a timely treat for you today. Back on Thursday, I was able to visit with John Williams of Shadow Government Statistics. In light of today’s heavily-manipulated BLSBS report, I’d say this podcast is rather timely.
As most of you know, my college degree is in Econ so getting a chance to visit with John was a real pleasure. I mention at the end of the podcast that I could have gone on speaking with him for another hour or two but, in respect of his time, I had to cut us off after just 30 minutes. Please take the time to listen to the entire thirty minutes, though. The information that John provides, particularly near the end of the podcast as he discusses the CPI and the coming “hyperinlationary depression”, is extremely important.