Friday, June 21, 2013

Gerald Celente: Trend Alert: War!

War! Ready or not, here it comes. As a former Trends Journal subscriber, you know our Top Trend for 2013 was “War.” Our forecast could not have been more clear: “The world is at war. And if the current trend lines continue, a war will soon be coming to a neighborhood near you.”

Today, the headlines are beginning to write the history we forecasted:

  • BBC: "Assad forces used chemical weapons - White House"  
  • AP: Russia questions Syrian chemical weapons evidence
  • The Washington Post: CIA preparing to deliver rebels arms through Turkey and Jordan 
  • The Wall Street Journal: U.S. Military Proposal to Arm Rebels Includes No-Fly Zone in Syria
  • The New York Times: Assad Warns Israel, Claiming a Stockpile of Russian Weapons
  • The Times of India: Don't repeat Iraq mistake in Syria, Russia warns America
  • Al Jazeera: Egypt cuts diplomatic ties with Syria 
Prepare yourself. President Obama warned Syria not to cross that chemical "red line." If it did, the Commander-in-Chief made it clear "all options" would be in play. And those options include war.

The same military industrial complex and governmental sociopaths who brought us the Vietnam, Afghan, Iraq and Libyan wars are at it again. Never mind that all of their “foreign entanglements” were monumental failures, ending in abject defeats that produced tragic results.

Here is a trend forecast you can take to the bank. If these mad men and mad women insist on waging war against the Syrian government, it will mark the beginning of World War III. And you don't have to be a trend forecaster, or Einstein, to predict how that one will eventually end. "I do not know how the Third World War will be fought, but I can tell you what they will use in the Fourth — rocks!" said Albert Einstein.

Last December, seeing war coming and refusing to obediently follow that bloody path, I promised Trends Journal subscribers that “I would provide a prescription for peace and offer remedies that could reinvigorate the world economy and advance civilization.”

Not only did I put my work and integrity on the line, I put my money on the line. I said that if readers found my “Four Rules of Peace” without merit and wished to cancel their subscriptions, we would send them a full refund.

I delivered. I kept my word.

But as the news breaks that war could very well be coming again, where do you stand today?

Do you believe war is on the horizon? Do you feel like a helpless citizen with no choice but to be led by a cabal of self-appointed somebodies? Are you among those who actually believe that when your leader takes you to war yet again – and a few million more innocent people are slaughtered, entire nations destroyed, and the chronically destabilized Middle East is set aflame – that peace will follow?

Do you believe that when one, some, or many of the people whose husbands, wives, children, relatives, friends and loved ones are killed by foreign invaders seek revenge they are nothing more than “terrorists?” Could it be they are just “getting even?”

The news of the day – the news we forecasted – compels you to ask yourself: Do you want to go to war, or do you want to advance toward peace?

Want peace? Here, again, are
Gerald Celente’s Four Rules of Peace.

As I repeatedly warned on the air, in print and in the Trends Journal since the Panic of '08, President Obama’s economic recovery plan, with its “shovel ready” jobs, was a sham and the Federal Reserve’s quantitative easing/cheap money/bond buying/low-interest rate schemes would all end in failure.

And I warned: “When all else fails, they’ll take us to war.”

All else has failed and now “they” are taking us to war.

There was no recovery, there is no recovery, there will be no recovery. As with medications that relieve symptoms but cannot cure the disease, the heavy doses of DC/Fed monetary medicine will not cure the nation’s chronic degenerative economic disease.

Included in my economic trend forecast, detailed at length in the forthcoming Summer Trends Journal, I will show how, should central banks begin to wind down their stimulus programs as interest rates continue to rise, the global economy will suffer an economic collapse of historical proportions.

How will the government respond? What steps will they take next?
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Atwood Oceanics, Inc. (NYSE: ATW)

Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells. The company owns a fleet of approximately 11 mobile offshore drilling units primarily located in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore southeast Asia, and offshore Australia. It also has three ultra-deepwater drill ships, and two high-specification jack ups under construction. The company was founded in 1968 and is headquartered in Houston, Texas.
To review Atwood's stock, please take a look at the 1-year chart of ATW (Atwood Oceanics, Inc.) below with my added notations:
1-year chart of ATW (Atwood Oceanics, Inc.) ATW has tried to break through the $55 resistance (red) a couple of times over the last (5) months, including a false breakout in May. A break through that $55 resistance would be a new 52-week high for the stock and should mean higher prices moving forward.
The Tale of the Tape: ATW has a 52-week high resistance at $55. A long trade could be entered on a break through that level with a stop placed under it.

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The Don Coxe Call a weekly review of the Global Capital Markets

The Don Coxe Call
a weekly review of the Global Capital Markets
Ben’s Last Stand

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Housing Recovery is “Precarious,” Says Economist Gary Shilling

When the housing market cratered in 2007-2008, pulling the banking sector down with it, the U.S. economy fell into recession. Five years later the recession is over and housing has recovered.
Consider these markers:
  • Homebuilder confidence breached the key 50-level mark in June—for the first time in seven years—indicating that builders have turned optimistic about the market.
  • New home sales are up 29% from a year ago, and existing home sales – for April—hit a three-year high.
  • Home prices continue to climb. The benchmark S&P/Case-Shiller home price index posted its biggest gains in seven years, and compared to a year ago, the the median sales price for new homes are up 15%; and for existing homes up 11%, at $271,600 and $192,800, respectively.

Even the Fed is becoming more optimistic about housing. Its latest monetary statement, issued Wednesday, says housing has “ “strengthened further.” (more)

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6 ETFs for Diversification and Income: CVY, MDIV, HYG, INKM, IYLD, GYLD

We all know the “Three Ds” of investing: diversify, diversify, diversify.

Of course, keeping well-diversified isn’t an easy task. So when you find an investment that simplifies the task, an ETF that makes diversification a priority, it may be worth holding on to.

In that vein, today I’ll give you the skinny on a style of ETF that could lighten your diversification load…

Diversifying Without the Hassle
Enter multi-asset income ETFs, which are exactly what the name suggests – ETFs that seek income by investing in more than one class of assets (more)

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Commodities From Gold to Oil Slump on Fed Outlook, China Crunch

Commodities tumbled as everything from gold to crude oil and copper dropped on concern that the Federal Reserve may phase out stimulus and as China’s cash crunch worsened.

The Standard & Poor’s GSCI Index lost 3 percent to 616.46, capping the biggest drop since December 2011. All 24 raw materials tracked by the gauge declined. Gold futures slid below $1,300 an ounce to the lowest in more than 2 1/2 years, and silver plunged as much as 9.7 percent, while nickel touched the lowest price since 2009.

Chairman Ben S. Bernanke said yesterday that the Fed may start tapering bond purchases that have fueled gains in markets globally. The central bank could end the program next year should risks to the economy abate, he said. Benchmark money-market rates in China, the world’s biggest user of energy and metals, climbed to records, and a private report showed manufacturing shrank at a faster pace, spurring concern that raw-material demand is slowing.

“Investor sentiment has turned negative,” Sterling Smith, a futures specialist at Citigroup Inc. in Chicago, said in a telephone interview. “The idea that the quantitative easing, sooner or later, is going to have to end, that has made inflation-oriented assets, commodity assets, very, very nervous.” (more)

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