Gold will go $1,500/ounce this year

[kathaksung]

612. War crisis in September (10/29/09)

From #593 to 607, I talked about how the Feds attempted to frame a drug case which was to be covered up by Iran war. The fire of Iran war designed to be lit by North Korea. In three months from April to July, N. Korea launched a ballistic missile heading to Alaska area on 4/5; did a nuclear test on 5/25; and planed to launch another ballistic missile to Hawaii area on 7/4. The 7/4 plan went soured. I think because I revealed that Iran war could have been justified by a shipment of nuclear weapon from a N. Korea's ship. That ship failed to go to its destination and finally returned to N. Korea. So failed that project.

A new attempt came in September. On 9/25, Western intelligence accused Iran of constructing a secret underground uranium enrichment facility in Qum and of hiding it from international inspectors for years. Following the revelation, media said that US would demand to access to other sites that have long been off limits and demand Iran to answer detailed questions about its suspected efforts to build nuclear weapons. A tough new sanction would be seeked if Iran resisted. It means the war may start any time when Iran doesn't obey the demand.

The response from Iran was swift. Next day, Iran said it would allow U.N. inspectors to examine the newly revealed secret nuclear site. One month later, on 10/26, inspectors of IAEA examined the covert nuclear facility in Qum. Iran is very humble and cooprative this time. Iran felt the threaten of war.

So said terrorists came out to help. It's not a coincidence.
The news of Secret nuclear site in Iran was released on 9/25 by western intelligence. Here are the other news:

* "Terror suspect charged in plot to make bombs. Denver man may have planned to strike there or N.Y." (By W.K.Rashbaum, New York Time, 9/25/09)
* "Bomb plot arrests in Illinois, Texas". (Chicago, AP, 9/25/09)
* On same day - 9/25 - "Osama Bin Laden demanded that European countries pull their troops out of Afghanistan in a new audiotape Friday, warning of "retaliation" against them for their alliance with the US in the war." (Caro, AP, 9/26/09)

As I always said, the war will be justified with nuclear horror, terror attack, either it is done by North Korea or Al Qaida. Though the media didn't propaganda it as a crisis, there was a war crisis in September. You can judge it how collaborated they were on Sept. 25 - Western intelligence, FBI, media and Bin Laden - when they release the news at same time.



613. Iran war and another economic tsunami (11/12/09)

I have said that the purpose of Iran war is to save US dollar. Because Iran had abandoned dollar in oil trading, US has to keep the oil price at about $80/barrel to maintain the value of dollar in internetional money market.(see "556. Petro-dollar, the cause of Iran war (7/4/08)").

There were four big attempts to start the Iran war in past three years. 1. On 8/30/2007, a B-52 "mistakenly" carried six nuclear missiles to fly over the US continent. 2. On 8/8/2008, when Olympic Game ceremony opened in China and Russia invaded Georgia. 3. During April to July/4/09, when N. Korea tested its ballistic missile and nuclear bomb. 4. 9/25/09, when a secret nuclear facility in Iran was revealed and US gave Iran an ultimatum.

If the war on Iran plot have gone through, then Iran would be forced to go back to dollar system in oil trading, the oil price would go normal - that is around $20 to $30/barrel. But in the short period around the war time, what will happen? The oil price will go high, the dollar will go to historical low, and the gold, will go up like a rocket. Will those who planed the war project miss such a good chance to make a fortune? We know in 911, there was unusual trading in stock market that bid the downwards of air company because someone knew a disaster would come. So was in 8/30/2007's plot. Do you still remember the oil price had been manipulated to $147/barrel before 8/8/2008 plot? This time they focus on gold and money market. I felt this when I saw the "Cash for gold" advertisement in August. I wrote "609. About gold price and inflation (9/16/09)", predicted that the gold would go $1,500/ounce or higher, Euro would go 1.6 dollar/euro or higher, and yen would go 80/dollar or higher this year. On 9/25, Iran war crisis suddenly broke out. US gave a three months ultimatum to Iran. (that would be 9/25 to 12/25) If Iran hadn't humbly made a swift response, three months is enough to push the gold price to $1,500 to $2,000/ounce. I did foresee another economic tsunami ploted by the Feds.

The ripple of September Iran war crisis:
1. Obama was awarded Nobel Peace Price on Oct.8/2009. It's true that Obama didn't do anything big enough to get that prize. My interpretation is that the European elites who, too, felt the coming war crisis. This action is an effort to stop the war before it happens. It also explains why there is a noise in US media. Because it really makes the war more difficult for a Nobel Peace prize winner. That makes the Feds unhappy.

2. On Oct.18, bombing in Iran killed five senior Revolutinary Guard officers. Iran accused Pakistan, the US and Britain were behind the attack. Such kind of case needs intelligence resource. It obviously is a provocation. Because on Oct.24, the inspectors of IAEA would come to Iran to examine the covert nuclear facility. If the Iran regime was enraged by the death of their top ranking commanders and changed their decision of accepting the inspection. Then the war became possible. Once again, Iran humbly swallowed the bitter fruit. Iran still opened the door for the UN inspection. Iran knows it faces a war.

[kathaksung]

615. Gold rush in the end of the year (12/5/2009)

In early September, in #609, I predicted that "Feds is preparing another financial tsunami in the rest days of this year. ..... The price of the gold will go $1,500 to $2,000/ounce. The exchange rate of the Japanese yen will go 80/dollar or higher. The Euro will go 1.6 dollar/Euro or higher."

The gold price was around $1,000/oz at that time. It reaches $1,200/oz these days. Euro now is $1.5/Euro and yen is about 87/dollar.

The speculators gathered the gold at the price around $900/oz. To set the profit margin at $1,500/oz is natural. It can be reached in the rest days of this year. How high the gold price can go after the price passing over $1,500/oz? It depends on the situation how successfully the speculators unload the hot potatoes (high price gold) into the hands of public. At that time, notice the big topic in the media - war, inflation, article to praise the value of gold and report of the short supply of it.... It's the time the speculators retreating from the gold market.

Also I have talked about "China and India co-operate with the Feds." to push up the gold price in that September message. Seven weeks later, on November 3, the IMF sold the Central Bank of India 200 metric tons of gold at $1043/oz. The news helped the gold went over the strategic point of $1,100/oz easily and stood steady there. My perspection is once more proved correct.

As a matter of fact, it was the Feds which is the hand behind the stock market collapse of 2000 (dot.com bubble) and the housing bubble of 2007. As early as six years ago, I wrote "180. Beware of housing bubble (11/16/03)". In which I said, "anytime soon there will be a broken housing bubble, and a staggering economy following it." Anyhow, the Feds failed to eliminate me. So the housing bubble keept growing up until it explodes in 2007. We all see the staggering economy now.

[kathaksung]

616. Feds, a robber (12/16/09)

Rare people know that the operation fund for FBI and DEA comes from the wealth of "criminal case", from the property and the money they confiscated from "drug case" or other "criminal case", and looted from the victims in framed cases.

Quote, "Mr. Hoover prides upon the "profit" it shows annually. During fiscal 1960 the FBI received $113,600,000 in operating funds. Fines, savings, and recoveries of stolen property and contraband in cases investigated by the FBI amounted to $142,822,244, or $1.25 returned for every dollar invested by the taxpayer.'" (see #8. FBI's profit)

When the "profit" becomes the target of the law enforcement agency, you can imagine how aggressive they will be to frame case and to cultivate the criminal business (such like drug case) and to kill innocent people. A dead man can never accuse the robbery.

My personal experience of lost credit card (see #34. The lost Credit Card) proves when the Feds planed action date, they can create a case by credit card company to replace the Visa card by a MasterCard. (so they could withhold it when the new card was mailed) At that time, I still puzzled with the question that how could the Credit Card Company happened to replace the card at the Feds' action date? It was after 2001 when I learned that retired former FBI Director Louis Freeh had taken a job as a vice president of a credit card company, I knew it all. They developed a society to loot money from people. Retired agents still go on with their "looting" job in different career - credit card company or other financial institution such like banks.

Here is a paragraph in that secret drug deal: "For use by the Beijing government, the Federal Reserve agreed to transfer to a neutral designated country, as a neutral depository or escrow agent, 40 Billion dollars in U.S. credits, assets, gold bullion, and currencies, both U.S. and foreign." (see "610. The road of persecution (9/23/09) That "credits, assets, gold bullion, and currencies" is a strange combination. It looks more like a private wealth robbed by the Feds in the framed case. (Of course, 40 billion is too huge for private parties, I later realize it is an equivalent amount with equal value benefited by hosting the Olympic Game and to be a member of WTO)

When "profit" becomes the operating fund of the Feds, you can expect how hard the law enforcement agents are working to frame case for their own benefit. Will there be any justice left for the Department of Justice? Terrorists and drug traffickers now become the source of power and money Feds wanted. That's why there is no end for "war on drugs" and "war on terror". Because the Feds live on these war. After decades developing, now the stock market and the housing market become the cash machine for the Feds.

617. Manipulate stock market in China (12/21/09)

In July 1994, trying to get rid of the persecution of the Feds, I went to China.

As I had no work to do, I thought I might find a fortune in stock market. The Shanghai security index was at three hundred something at that time. There was not much space for investors to lose at that level.

I studied the stocks and chose one - a manufacturer whose product was cement. That manufacturer was generous in dividends while most other Chinese companies didn't give a cent to their shareholders. It also had a bright future - the factory located in SiChuan province, not far away from Three Gorges where the biggest hydro-power station was going to be built. The demand of cement would be huge.

Several days later the security index went to five hundred, but my selected stock didn't catch the index. So I bought two others. When the index jumped on to 700 level, my selection still wouldn't go with the rising market, I started to suspect that I was targeted. The stock market in China in early 90s was a new born baby. It was very primitive. The price of all stocks went up and down with the stock index. My stock selection became exceptional in a rising market. I also knew I was under surveillance.(see "15. EM sleep wave in China (4)") When my acquaintance met me to discredit my stock selection, when my friend called me to tell me the "inside news" that stock market would collapse, I view it from an opposite angle. One morning when I entered the hall of the security company, I found the electronic display board blackened. Staff said the business would shut down that day because the power supply problem. I thought in other way. I thought it was a sabotage targeted at me. There might be a good day tomorrow.

I immediately opened an account in another security company and bought three different stocks there. Really, next day was a big day - index jumped to 900 level approaching to 1000. Although as usual, my selection didn't make money, I was happy. I successfully foresaw a soaring market - from a sabotage done by secret police.

I changed tactic. I bought stock in small trading - about 2,000 Yuen each time(which equals to $250). With $5,000 capital, I could have 20 trading. It covered the all category of the stock market, from industry to utility. In 1994, there were only 150 companies in stock market.

The stock market went down to 500 level. I lost several hundred dollars but my feeling was good. It looked like that I controlled the stock market passively with $5,000. It was unbelievable! I told other people that I was targeted. Nobody believed it. I said the market would soar if I left. People just laughed. People couldn't feel what I had experienced. I had watched the price curve of a stock rising slowly for hours. Then stop at a point and turned downwards. That point was always the time When I finished a buying order on it. It happened many times. So accurate that I believe my account number was registered in a special formula. The Chinese security was trading in a computerized system.

In May, 1995 my application to extend the Visa was rejected. The police behind the counter advised me in a low voice,"Go home, go home." I bought an air ticket leaving on 5/18.

On 5/17, I sold the stock. It was an extraordinary slow day that day. The price of stock was frozen in the trading board. Next morning, I went to the security company to collect money.(The leaving flight was in the evening) The hall was like a boiling pot. I still remembered the red figure of 27% illustrated the increase of security index. It was a brilliant day for stock market. It also was a brilliant day for me. I had predicted the soaring up of market. I didn't expect it came so swift. The speculators that manipulated the market had their capital locked up in stock too long time. (Many speculators in China were state running company. The speculating capital were from company's normal business fund) Once the secret police opened the green light for an upwards market, they couldn't help to free their fund from a locked box.

I really got good lessons though I lost money in Chinese stock market.

1. The stock market is controlled by the government.

2. The financial group has to obey to the secret police.

3. Chinese secret police collaborated with the Feds.

4. I was targeted by the Feds. They would sacrifice the interest of other group, however big it is, to suppress a targeted individual, however small he is.

[Trip06]

"they" the elite basturds, are already calling for a 50 percent reduction in circulating currency to hault hyperinflation that they engineered by design. You people are too funny, worrying about cold hard cash, and buying gold/silver. Like were just going to be in a little tough time or something. LOL awww its cute in away. Sorry, If you really new how bankrupt our country really is. We are riding on nothing more then momentum. Remember back when everybody warned people that the bailout was just a bandaid over an amputation. Well You cant eat gold, and Golds only good when theres a system set up to accept it. You cant defend yourself with Gold either. Yes it is going to go that far.

[kathaksung]

618. South East Asia financial crisis (12/26/09)

In May 1995, I came back to US. The stock market was at an unreasonable level with high P/E value. I view it as a trap for me. Of course, I would not touch it.

In later 1997, media said the international speculators attacked Hong Kong dollar. The Hong Kong government managed to go over the crisis so the speculator turned on to South East Asia. Within months, the currency of Thailand, Indonesia, South Korea, all depreciated significantly. That was the famous South East Asia financial crisis. With the success in other countries, the speculator came back to Hong Kong in 1998. This time they aimed at stock market. They bought a large amount of future contract to bid there was a low HanShen index(Hong Kongâ??s security index) for the August. To achieve their victory, the speculator had to sell down the security market. Hong Kong government, on the contrary, came out to save the stock market. It activated its big foreign currency reserve to take over the stocks poured out by the speculator. Finally the Hong Kong stock market successfully stood above 8,000 index.

A hedge fund company named "Long Term Capital Management" (L.T.C.M.) lost huge in that fight. News reported the Federal Reserve had called an emergence meeting, forcing big financial firms such like Citi group, Goldman Sach... to lend money to save L.T.C.M.. A Hedge fund company could manipulate other big financial firms, it must be more powerful than the Federal Reserve. Obviously it was a cover company of the Feds.

What caught my eye was a news which said that in order to sell down the security market, the speculator borrowed a large amount of stocks from celebrities and rich families of Hong Kong. Now those borrowed chips were all taken over by the Hong Kong government whom said it would keep those blue chips in hand as reserve and wouldn't sell it any more. Since what government bought in this battle occupies 11% of the total blue chip, a large amount of stock were locked up in safe box.

Then how would the speculator to compensate the lenders? They had to buy the same stock from the market. According to the principle of supply and demand, the buying action will push up the stock price. Since Hong Kong stock market always follows New York stock market, I concluded there would be a prosperous bull market.

I had the experience that secret police would suppress the whole market (in China) to restrict me to make money from stock. They didn't care other group's interest, but what if it was their own interest? It worth a try.

I bought 100 shares of Boeing on 9/23, and bought 100 shares of Travelers on 9/25. I chose Boeing because it was one of the only two big commercial plane manufacturers in the world. Feds wouldn't shut down a big company just for my 100 shares? As for "Travelers", it was a new Dow Jones 30 share. I don't think financial group would introduce a junk stock in Dow Jones 30. They would make money on it when people were still strange to it. Several days later, "Travelers" merged with "city Bank". So I then had 100 shares of Citi.

The response of the Feds was severe. I suffered heavy E.M. wave attack that I couldn't stay at my home. At last I had to go San Francisco to live with my parents. On 1/15 I encountered with a bank robbery on my way to my parents' house. I think it was a trap Feds prepared for me - a "random shooting death" case. The case was disrupted by a bystander. (see 402,404,561,562 "San Francisco bank robbery")

In mid March 1999, my parents and my wife told me they would leave for trip within a week. My parents would go China. My wife would go Hong Kong with my daughter and her father. So I would be left alone in the house, either in San Francisco or in San Jose. I thought the Feds could wait any time longer to boost the stock market. They prepared another murder case for me. Before my relatives' leaving, I bought an air ticket and went to Hong Kong on 3/19.

As I expected, the Hong Kong stock market went bull followed the leadership of New York stock market after I arrived in Hong Kong. Seeing a boiling market, seeing other stocks were rushing towards their historical high, I bought another 100 Boeing shares at the price $41 on 4/15. Boeing's historical high was $60, there was $19 space for its price to grow. When Boeing stock turned its head to downwards, I realized I made a mistake. I remembered the experience in China: a rising price curve suddenly stopped and turn downwards. The turning point was always when my purchase order finished. On 4/21, I sold my stock. I made $3100 dollars at Citi Bank. I lost $230 on that newly bought "Boeing". I knew if I held on it, they could drive the price to $34. I made $650 on the Boeing I originally bought on 9/23/1998 later.

In Hong Kong, I had a hard time to make a trading. The phone in my rented room was harassed. To carry out a trading, one day I had to go out in mid-night, to buy a phone card in a Seven-Eleven store and called the securities company to fulfill a deal by public telephone.

[Mississippi Steve]

Lets keep this simple....Y'all are missing the point.... its not about Wall Street, its not about the grossly inflated price of gold. Just remember...what goes up must come down.

The economy cannot rebound or grow until John Q. Public has the disposable income to be able to pay for goods and services.

When the money is there, people buy(and pay for), and create a need for goods and services provided by small business, causing small business to grow again, hire(more) employees, pay more taxes(sales tax, license fees, business taxes, income tax, etc), and put more money in the economy, in turn they order more parts, supplies, materials from their suppliers who will employ more people and put more money into the economy, etc and so on.....

The first step is to bring the price of gasoline back down to $1.50/gal at the pump as it was a year ago, then *KEEP IT THERE*.

Recovery *HAS* to start from the bottom and work its way up. The consumer is the foundation. All structures that are built on a strong foundation will survive and flourish. Structures that are built on a weak foundation will ultimately fail.

As a small business owner of a 14 year old company, I can tell you first hand that last year at this time when gasoline at the pump dropped to $1.50/gal, my company had a *RECORD* month and I was looking at hiring 3 people just to keep up with demand as I had a 2 week backlog of service calls, and heating & cooling system replacements. then at the end of February 2009, the speculators saw money start moving, and immediatly jacked up the price of oil/fuel/gasoline again. When the price of gas at the pumps hit $2.00/gal again, my phone stopped ringing. My sales tax returns have dropped from over $1500/mo to 1/10th of that. To drop the gasoline prices at the pump back to $1.50/gal would effectively increase the average one car familys disposable income by $150.00 or more each month..... That would be $1800/yr per family.... The economic benifits for the state and country would be almost immediate, and would be realized in just a month or 2.

Do I have your attention??

[the image reaper]

right again :thumbsup:

[Islandborn]

Are there people that really dont know what stocks go up must come down???? Soooooooo, cant people pay attention, educate themselves, and sell it before it starts falling? And turn a HEFTY profit? Thats what im doing......my wife and I are cleaning up this year thanks to smart financial advisors.....dont even get me started on our Ford stock...love it.:thumbsup:

[gypski]

my wife and I are cleaning up this year thanks to smart financial advisors:thumbsup:

From what I've seen and read on the internet, and it could be found by searching by those interested. Chimps have a better return picking stocks then financial advisers. The chimp's random stock picks increased 300%. Far better then the Wall Street Brokers with their picks. How much did yours rise?

[Mississippi Steve]

Are there people that really dont know what stocks go up must come down???? Soooooooo, cant people pay attention, educate themselves, and sell it before it starts falling? And turn a HEFTY profit? Thats what im doing......my wife and I are cleaning up this year thanks to smart financial advisors.....dont even get me started on our Ford stock...love it.:thumbsup:

You have to have the *CASH* before you can invest it. :wtf: