Thursday, July 31, 2008

Outlook is grim and also rosey

HBOS sees no let up in liquidity crunch in 2008

HBOS, Britain's biggest mortgage lender, said today it sees no let up in the liqudity crunch in financial markets for another year, as it reported a sharp drop in pre-tax profits.

Posted by sold 2 rent 1 @ 08:54 AM (223 views)
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One thought on “Outlook is grim and also rosey

  • sold 2 rent 1 says:

    The fifth night draws to a close in November
    No-one can deny it has been a pretty destructive period in the last 9 months
    Oil and food riots, crashing property prices and banks failing
    There may be one final capitulation in stocks this autumn before an uptrend starts

    So what can we look forward to in the 6th day and 6th night

    6th day (Nov 2008 – Nov 2009)
    This maps to the period 1952-1972
    Oil should fall from now and into early 2009
    This should ease RPI and allow IRs to be lowered
    The Martin Armstrong model shows a peak in April 2009 so it is likely stocks will benefit as oil drops in the spring

    Towards the end of the summer we should start to see the peaceful revolution occur just as we saw the backlash to the Vietnam War in 1968 and the summer of love in 1969.

    The economy will be turning sour again into the autumn of 2009

    6th night (Nov 2009 – Nov 2010)
    The maps to the period 1972-1992
    Expect the economy to be in a dire situation.
    Gold should have a massive peak in the spring of summer of 2010 (that maps to the gold peak in 1980)

    The NWO/power elite will be defeated in a similar fashion to when the Berlin Wall came down in 1989 and the Soviet Union fell in the early 1990s

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