1. jack c said...

The reader replies section is very interesting (assuming some regulars on HPC are not those posting)

3. malct said...

here's a closley related article that missed the boat yesterday

http://www.bankingtimes.co.uk/09062008-central-bank-body-warns-of-great-depression/

“BIS warns of Great Depression” is actually a year old already
Bankingtimes: Central bank body warns of Great Depression
The Bank for International Settlements (BIS), the organisation that fosters cooperation between central banks, has warned that the credit crisis could lead world economies into a crash on a scale not seen since the 1930s. In its latest quarterly report, the body points out that the Great Depression of the 1930s was not foreseen and that commentators on the financial turmoil, instigated by the US sub-prime mortgage crisis, may not have grasped the level of exposure that lies at its heart.

Posted by malct @ 12:57 PM 0 Comments


even with all this techology it takes time to sink in

5. sold 2 rent 1 said...

OK guys, it is only 2.5 weeks until 6 July 2008, a big day for global consciousness.

So let me review the last few weeks.
Here was the WW2 Mayan Calendar "fifth night destruction" mapped battles

19 March 2008 - start of info war
Labour's Terror Bill drawn up

30 April 2008 - Pearl Harbour
Ron Paul launches his book "The Revolution: A Manifesto"

12-20 May 2008 Battle for Stalingrad
Earthquake in China
Burma floods maps to the wider German-Russian conflict on the eastern front
Benjamin Fulford says the earthquakes and floods are man made via the US military machine HAARP
http://www.youtube.com/watch?v=0VX0JvpW5q0

14 June 2008 D-D landings
Just before this date:
The Irish voted NO on the Lisbon Treaty
Ron Paul switched gear to start the "Campaign for Liberty"
David Davis resigned and is in the process of starting a campaign for liberty.

But more inportantly....
Japan was hit with another 7.2 earthquake on the Saturday and China with more flooding on the Sunday
http://www.voanews.com/english/2008-06-15-voa14.cfm

And.... Reuters made a video about Genepax, a Japanese company that has created a car that runs on water
http://www.youtube.com/watch?v=42D6GZLp1DE
http://en.wikipedia.org/wiki/Genepax
Note: This wiki page was only create on 14 June 2008

7. taffee said...

stocks are historically very cheap and hot money may well chase this if commodities fall and property continues its decline

anyway there are alot of stocks down 50-70% already!

9. malct said...

from the articles comments section

"This sounds very plausable - as said before,a lesson from our elders - when you are in debt you are not in control of your destiny. "

perhaps if we change just one word more people would be more able to see the myth of the economics of party politics - as so

"This sounds very plausable - as said before,a lesson from our elders - when you are in debt you are not in control of your COUNTRY. "

1694 and counting

11. sold 2 rent 1 said...

So how will things pan out in the next few weeks.

Regarding stocks, there was a low put in mid-late last week (12 June) which corresponds to a couple of days before D-Day landings on 14 June.
I think we could stay in this trading range for the next week.

The Battle of the Bulge is on 24-26 June. This could be where we put in a high at the top of this range, and after this see a drop off into the following week with the collapse coming around the 6 July 2008.

As for oil and water cars, this boom and bust will be orchistrated by the NWO as the other bubles have been. Could we see oil spike into 24-26 June and then the following week "water cars" to appear in every TV and newspaper around the world. The oil price would crash, hedge funds would blow up. The NWO guys would have already placed their PUT options and will clean up nicely.

Finally the destruction will be complete...the wealth robbery over and the move towards the ethically minded Ron Paul and maybe David Davis can begin

13. James said...

s2r1 - it was so nice and reasonable without you around...

Why do you persist in saying that D-day was 14 (and in earlier posts, 16) June. It was the *6th* as any fule kno. I've pointed this out to you a lot of times.

Pearl Harbour was on the 7th December 1941. The Battle for Stalingrad lasted a lot longer than 8 days.

Wrong, wrong and wrong.

Here's some more wrong - your prediction (ie BEFORE the date) was that the 16th May would see the ethics asserting itself over power. Nothing to do with earthquakes. Here's that prediction:

http://www.housepricecrash.co.uk/newsblog/2008/05/blog-slightly-off-topic-but-a-good-reflection-of-rubbish-mainstream-media-reporting-13288.php

And here's you desparately trying to make it fit - using Dwain Chambers of all things...

http://www.housepricecrash.co.uk/newsblog/2008/05/blog-may-th-13327.php

4 examples of you being wrong above - I look forward to another at the end of June, when gold isn't at $1,500/oz, despite you and your friends' best efforts to ramp it up. You are an absolute joke and a fraud.

15. techieman said...

Jack - was in a discussion about this last week. Basically i am interested in the Dax. The high yesterday was 6858 - was at the top of a parrallel (i always spell that wrong!) trendline from one which contected the lows. Basically unless that is breached we should go lower and my target remains in tact - see http://www.housepricecrash.co.uk/newsblog/2008/06/blog-crude-futures-have-skyrocketed-since-wednesdays-intraday-low-14034.php. The target for the Dax was 6570 ish. We hit 6630, so not too far but i would still maintain shorts and get stopped at 6860, with the target still at 6570 or based on previous days high, if it goes lower but doesnt get there.

The problem for me is i have June (expiry 20th June) Puts - so unless i convert to an outright short, it might not get there before! After this downmove (if it doesnt breach the top of 6858 first ) then I see quite a big upmove. I dont think we break the March low....but we shall see. To initiate longs - whether options or out and out though, i'd have to see some bullish move first. The close yesterday on the S&P was a key reversal day - which "normally" is very bearish.

Also see point 5 on which deals with the pound http://www.housepricecrash.co.uk/newsblog/2008/06/blog-the-wheels-have-come-off-14166.php.

17. drewster said...

@taffee,

In response to your "stocks are historically very cheap" comment, that only applies to backward-looking P/E ratios. Just look at British Airways: it trades on a P/E of just 3.92 (see chart). But the forward-looking earnings are not so rosy - the high oil price is forcing them out of the sky. So just because a stock looks cheap, doesn't mean it really is!

19. Sold 2 Rent 1 said...

21. sold 2 rent 1 said...

23. p. doff said...

Oh no! - not again!

I can see this thread running to 60+. All it needs is for some conspiraloon to mention water powered engines, earthquake machines and the like. Jeez, get a life will you.

S2r1 said......You might be right in that I was looking for a bubble in gold and we got one in oil instead.

So that's it, just like that - you've been banging on for ages about gold going to the moon, and now you think you might have made a mistake and (with the benefit of hindsight obviously) you think it might be oil instead.

Seems to me that the Calleman prediction business is seriously flawed, if even avid followers like you can't make sense of it before an event occurs.

All I can say is that you are lucky you have no legal resposibility to those people who took your advice and stuck everything into gold - more fool them if they believed somebody who purports to be a financial adviser on gold one minute, then talks about water powered cars and earthquake machines the next. I do think an apology or explanation is in order though.

I await 6th July with baited breath to see what global event occurs that you can match to your prediction by using some twisted logic.

25. sold 2 rent 1 said...

Here are the graphs for gold
Look how you can see the WW2 battles in the graph.
19 March - Start of info war - gold peaks
4-10 April - Battle of Britain - gold surges
12-20 May - Battle for Stalingrad - gold surges
14 June - D-Day landings - gold finds support of 860

27. This comment has been removed as it was found to be in breach of our Blog Policies.

29. sold 2 rent 1 said...

techieman,
Got the graph from the bbc website. Are you restrcited from that.

p.doff,
Gold is hanging in there at 885
Let's face it if stocks, property and oil are nose diving, where will the money flow....cash? Well who would want cash when real interest rates are negative?

As I said before once we see gold decouple from the USD (like we did in 2006) we will see it fly into the sky.
The EUR is that last fiat currency safe haven... but things are about to change.

Roll on 6 July 2008

31. notaneconomicsguru said...

20. StR - I thought your historic dates looked dodgy. I just Googled on the last 3 and found Wikki entries as follows:

-> Battle of Britain: British historians date the battle from 10 July to 31 October 1940,

-> The Battle of Stalingrad is a commonly used name in English sources for several large operations by Germany and its allies and Soviet forces conducted with the purpose of possession of the city of Stalingrad, which took place between 17 July 1942 and February 2, 1943,

-> D-Day The Invasion of Normandy was the invasion and establishment of Allied forces in Normandy, France during Operation Overlord in World War II. It covers from the initial landings on June 6, 1944 until the Allied breakout in mid-July.

I'm sorry but I don't see any correlation there between the historical dates and the dates of recent changes in oil and gold prices.

33. sold 2 rent 1 said...

Also on the gold chart:
30 April 2008 - Pearl Harbour - The US entering the war sees gold have massive support at 850.

35. sold 2 rent 1 said...

notaneconomicsguru,

The dates are mapped from the previous Mayan Calendar fifth night (1932-1952) to the current fifth night (360 days from 19 November 2007)
So WW2 that took 6 years to play out, can be mapped into 3.5 months in 2008

Watch this video on exponential evolution
http://video.google.com/videoplay?docid=-8689261981090121097

37. holding out said...

The 30th April or possibly 6th July - A day that will live in infamy or possibly forgotton.

39. sold 2 rent 1 said...

techieman,

Gold managed to decouple from the USD in autumn 2005 and spring 2006.
This was the first time in this gold bull run from 2001 that this had been achieved.

Since summer 2006 gold has been coupled with the USD again.
But this coupling doesn't last forever and it is only a matter of time before a huge upleg occurs and decoupling for a few months happens again.

So the decoupling is periodic. I am hoping that this period is 2 years. This would mean that it is the Mayan Calendar nights that have the gold spikes and USD decoupling.

May 2006 - fourth night (gold spike)
spring/summer 2008 - fifth night (gold spike...maybe we have had it.....we shall see....6 July approaches)
spring 2010 - sixth night (possible gold spike) (1972-1992 was the last sixth night, gold peaked in 1980 in the middle of the sixth night

41. notaneconomicsguru said...

28 STR. OK so there exists a linear transformation between dates in the past and this year, that's quite unremarkable. However, multiple dates over a 6 year perid the past will aggregate onto a single date in a 3.5 month window in 2008 which then makes it much more likely that any event you choose in the past will map onto an event now - simply because there is a 20 fold compression. I find it difficult to accept that this can be a reliably predictive methodolgy. There is also the question of which past event is a marker for gold, which for oil and which for everyhing else. I am a simple minded man and I just don't get it. And to think all I really wanted to be minded about today was whether I should move from equities to cash.

43. sold 2 rent 1 said...

notaneconomicsguru,

Everyone has a different path to global enlightenment in 2011/2012.
And everyone has a choice over the path they take.

For me, I really wanted to understand what was going on with the bubble world economy back in 2006.
2 years research later and now I understand.

Good luck in whatever path you choose.
There is no right or wrong path, but some are more difficult than others.

45. Jojo said...

Sold to rent 1@ 34
They want the new currency to be electronic as in chips in credit/debt cards. This way via the haarp, they will have total control over who earns what, where it is spent/invested etc.......

Glad to see that there are many of us all around the globe waking up.

47. malct said...

inching back to the article - note you're being monitored - quotes from comments :-

I too have been watching the housepricecrash website (and sister sites) and, as Anthony says, their insight into the financial fallout has been spot on.

I now don't believe a word that comes from mainstream economists that are dotted over media outlets every day. They spout what they're told to spout.

Noriel Roubini and Peter Schieff have seen this whole economic catastrophe coming from years back. And we ain't seen nothin' yet!
Posted by Rob on June 18, 2008 11:29 AM


Anyone whom has keenly followed the financial news over the last eighteen months, will be struck by the fact that the experts seem to be constantly re evaluating the situation on a weekly basis.We have gone from mild slowdown,soft housing landing,small blip in unemployment etc,to quite disturbing possibilities.
Ambrose,and Jeff seem to be the only ones consistent-and accurate.
Me-I take my advice from some of those very clever amateurs from house price crash,whom were once laughed at,but have been absolutely remarkable in their predictions over the last two years.
Whats their general synopsis now?
BIG SLUMP.
Posted by Anthony Lynton-Liar on June 18, 2008 7:35 AM

49. jack c said...

@13. techieman - thanks for you input - I suspect the markets are poised for several months of turbulance (potentially good for traders but not quite so for long term public investors)

Interestingly Gartmore fund mgrs think there could be a huge one off event (unlikely to be repeated again this century) which could present a unique buying opportunity. I might be putting 2&2 together and getting 22 but this could tie in with S2R1's "Black Swan" prediction.

51. malct said...

only four boxes - from a telegraph article

The "doomsters", who express their views on a number of "property crash" websites, seem to fall into four main categories. Some are old Lefties, who believe that we should all live in social housing, and who at least have a coherent philosophy. Then there are first-time buyers desperate for prices to fall so they can get on to the ladder.

Next are the property speculators, gamblers who bet on house prices falling and - just like the rumour-mongers who tried to bring down HBOS, Britain's biggest mortgage lender, last week - have a vested interest in talking down the market and spreading fear and uncertainty.

One gambler who works in the City told The Sunday Telegraph he would make "fifty grand" if property prices fell by five per cent this year. "I spend all my time telling people the market is on its knees," he said.

The last group is probably the biggest: thousands of people, most of them middle-class, who have made ill-judged moves in the property market and find themselves unable to afford the school fees and exotic foreign holidays enjoyed by their friends and colleagues, or who, having benefited from rises themselves, now watch their children struggling to get on the ladder.
http://www.telegraph.co.uk/news/uknews/1583291/It%27s-not-just-the-housing-market-that%27s-overheated.html

sourced via :-

It is also an amazing fact that, throughout the English-speaking world, there has been no real increase (after inflation) in the average hourly wage since the 1970s. Yes, we are richer, but only because we work longer and because women have joined the workforce. Average weekly hours worked per home have risen from 42 to 56, while property prices have spiralled. :-

http://www.telegraph.co.uk/news/uknews/1583292/Britons%27-homes-%27a-reflection-their-self-worth%27.html - leading back to :-

Britons' homes 'a reflection their self-worth'
31/03/2008, The Times
Pretty well all of us in the top two thirds of British earners conflate the status of our home with our self-worth. The home's architectural merits, its size, location and décor feel like individual personality traits. and -

http://www.selfishcapitalist.com/affluenza_articles.html

Oliver James a clinical psychologist - on house prices - The proportion of household expenditure accounted for by the mortgage has risen from about half to 89 per cent, while savings have dropped below zero. At the same time, financial liberalisation has made bigger mortgages more accessible, pushing prices up farther.

53. george monsoon said...

s2r1 - I have to agree with P doff, althugh I have in the past thrown some wild ideas into this pot, there comes a point where you have to say enough is enough.

Don't get me wrong, some of what you say makes sense, but you wipe out all credibility with references to historical dates and other bum fluff.
Forecasting what the world financial markets will do is slightly more predictable than forecasting the weather. I look up at the sky and the clouds look like they are bringing rain later today, and the money markets look like they are going downhill today. Thats about the extent.

I say prepare for the worst, hope for the best.

55. p. doff said...

Malct. The thread on Wall Street Equities was hijacked by S2R1 as early as post number 5, when Mayan Calendar and water powered engine etc was introduced into the topic. We later have mention of NWO, higher consciousness etc.

So, ''for the record'' the topic had already strayed before I typed a single word, and my comments were related to previous postings. My reference to terrorism was admittedly an extreme example, but it was intended to be, to make a point.

57. malct said...

p.doff at 45 - agreed - and all my posts have been efforts to get back on topic or somewhere near it.

Having siad that I was astonished that anyone who has had the msm exposed to them via house price and banking manipulation could be so taken in by their dribble on fake terrorism - but we can have that discussion elsewhere.

59. malct said...

47. d'oh said... Why etc -

d'oh although my article of yesterday on BIS shows as being 12.57pm, it didn't actually show until late last night and still has no comments. I posted it on this thread because it was so closely related to s2r1's article - in an attempt to help reduce the number of articles and couldn't repost the same article today. I too am frustrated that very little focus is being put on the topic. However I think there is something I can and will do and I'll blame you if I get critised.

61. sold 2 rent 1 said...

malct,

I am pretty sure p. doff is harmless; not a common purpose stooge.

However his comments about terrorism just goes to show how decades of media brainwashing have produced a generation of people conditioned to think the same planned way. George Orwell would be proud.

BBC: The Power of Nightmares Part 3: The Shadows in the Cave - by Adam Curt
http://video.google.com/videoplay?docid=2081592330319789254

63. p. doff said...

Malct said.... ''- and all my posts have been efforts to get back on topic or somewhere near it''.

Er..... as per your post at 3:00pm perhaps?

Or perhaps not. Pot, kettle, black springs to mind!!!

Anyway, I've said my bit and won't rise to the bait again on this thread. You and S2r1 can continue to ''reinforce each others ideas'' in the way I explained earlier, if you so wish. Just wondering when P4ac is going to pipe up and complete the trio!!!.

Happy Youtubing guys.

Be seeing you!!

65. malct said...

45. Jojo said...
"They want the new currency to be electronic as in chips in credit/debt cards. "

There's a new version of the board game 'monopoly' out, (well on topic here then), CARDS ONLY no cash

catch them while they're young!

67. sold 2 rent 1 said...

Stevie Dee,

"The only people that have a clue of what is going to happen are the major players, and it would be unwise to second guess them."

No so. This is the best part about Calleman's model. The "major players" think they are in control, but in reality they have just been playing out the mathematics set down at the time of the Big Bang. They were given power by the mathematics and now it will be taken away.

69. flintster1994 said...

S2R1,

It must get very tiring, constantly having to justify yourself. For the sake of everyone who keeps challenging S2R1's dates etc, please just read both of Callemans books. Afterwards it should then prove to be a far better debate with regards to certain matters. In fact I imagine that they would be extremely interesting discussions then, no doubt!

71. malct said...

s2r1 - you are an effing wind up

73. shipbuilder said...

S2R1 -

"Remember if Calleman is right then we are looking for a change of consciousness very soon, and violating the First Law of Thermodynamics could fit the bill.
For anyone who has read Calleman's "The Transformation of Consciousness", we have been dominated by the West (left brain thinking) for 250 years. We are in the process of switching power from the West to the East and switching brain thinking from the left to the right side. It is complicated stuff to take in. I need to read the book again myself."

This is priceless stuff - keep it coming.

Malct - what you said about economics gurus spouting what they are told to spout - nah -they just don't know any better and are trying to justify their job - reading 'The Black Swan', as I said, will explain.
In fact, in a way, it's the best argument against a 'NWO' I have read.
The world is utterly uncontrollable, random and cruel - the best any one of us can to is not to try and contribute to the cruelty.

75. sold 2 rent 1 said...

SD,

I don't understand your analogy
It appears to be impossible for the NWO to find out and understand Calleman's model.
Their focus on power and control means they will never discover anything else.

77. sold 2 rent 1 said...

shippy,

Why don't you read Calleman?