Shekels on U.S. Dollars, Currency & Financial Markets Forecasts
Stock-Markets / Financial Markets 2009 May 26, 2009 - 12:26 AM GMTTo be ANTI-SOPITALIST means to stand with those who do not approve of the unproductive parts of society getting rich on the backs of the-productive people. There is only one reason prices should be rising, some people do not work their fair share and make it more expensive for others to have the necessities of life that is what printing money does. So, how exactly do the SOPITALISTS get rich? They must do something to manipulate things to their benefit and everyone else's detriment. Yes they do. They use their connections and money to stand first in the cycle of money that government recycles endlessly.
Free Capitalism is Dead. President OBAMA was elected only to serve as the ringmaster to the final ceremony of that event. Capitalism was never free, just like Communism was never free, they both had SO(cialism) for (ca)PITAL ONLY, for the longest time. Except, these days SOPITALISTS are not hiding any more, they are manipulating things out in pubic faces and blatantly violating our constitutional rights to small government and small (not too big to fail) businesses. We are being saddled with debt as far as they EYES can see, and in the name of "doing it for our benefit and benefit of future generations.
But I ask you, who gave anyone the right to put our nation into a $200000/person debt without explicit agreement? As far as I can tell, NOBODY. Is it any wonder that the population is diminishing, as people are waking up to the fact that they do not want to be born in $200000 of overdraft. No wonder Mexicans have been noticed to be running to the back of the fence leaving "American Dream". Great George Carlin must have been right, that "American Dream exists as long as you are asleep". Modern Sopitalists, just think that they can get away with it. Distributing money now to their constituents, while making our children slaves forever. I never imagined that I would regret the day I left USSR to become USA citizen and hope that we will do all in our normal powers to let the government know (Republicans and Democrats alike) that enough is enough.
Constitution never said our government should enact laws and enforece policy decisions that would force us to:
Create Federal (un)Reserve
Give The Fed Dual Mandate, while they failed to keep single Mandate (Purchasing Power of Dollar)
Pay your neighbors mortgage
Save 100000/year benefit till death for a teacher in CALIFORNIA
Debase US Currency.
Markets
Currencies
We believe that the knowing/guessing currency direction is the single best way to anticipate all other economic events. We pay special attention to this largest and, in many, ways unknown markets. Average person can tell you a lot about stock market, but may not be able to name many currencies of the world.
We continue to stick to our forecast stated 3 years ago that US Dollar bottoms (bottomed) PASSOVER 2008 (March/April) and tops PASSOVER 2009 (March/MAY). Below we bring two graphs, before and after. They depict the ISRAELI SHEKEL Projections and Reality. EURO can easily be substituted for SHEKEL as the latter, being a currency of a developed country neighboring EUROPE is bound to behave like EURO.
As can be seen the SHEKEL behaved largely as we projected and EURO has conformed even better. We think that SHEKEL is much more susceptible to manipulation than EURO. We continue to maintain that Dollar will have tough time after the top coming in spring 2009.
Stock Market
While, the past seems to be well predicted by YBR, the future remains to be seen. So, what is the prediction of YBR for the next month? No devastating decline is expected within next 4-5 weeks. (YBR is supposed only to predict the shape of the market, not the absolute levels. But it has done that, very well, too). Original YBR predictions can be seen in the archives of this site. On a more long term bases, we believe that markets are for tougher times after 2009-2010 and into 2012-2013. This period may well include wars and devastation at many spots of the planet.
Bonds
Our call for a mega Bear market in bonds did come true, albeit from a bit lower level of 2.5 instead of 3.18. We must admit that if our Money Managers thinks that there is no cost to the mountain of debt hoisted on ordinary Americans, then he better take a look at the interest rates rise of last 4-5 months.
GOLD and Energy
We thought that, that until March 2009 these investments will be in the accumulation mode. That is exactly what we got and thereafter OIL rose sharply and Gold has advanced nicely.
Our projection for GOLD and OIL for next few weeks is summed up in out SEEFUTURE prediction shown in the picture below
We hope we did not forget any major investment of interest to you Dear Readers and if we did and/or would like more specifics, please visit http://borisc.blogpot.com and we will answer you questions.
Now, for those that would like to have more advanced day-to-day, week-to-week view of each one of these financial instruments, we have the reports that have/detailed with astonishing details where these markets will go. Details of our services can be found at ANTI-SOPITALIST
As mentioned before we give a lot of free information (ASSET ALLOCATION and CHARTS, MARKET PRESSURE-daily, question and answer etc), because we believe in what 12th century great Georgian Philosopher and Poet Shota Rustavely said.
"You Find What You Give, All Else Is Lost"
By Boris Chikvashvili
borisc.blogspot.com
In short... I was supposed to be a theoretical physicist(Russia+Jerusalem Hebrew University, MS Physics, with distinction, toyed with QUARKS). Somewhere on the road to PHD I have discovered, first the Computers - at Carnegie Mellon University ( MS EE, Fathered UNIX, adopted WINDOWS), and second Finance on Wall Street.President ITI,( Computer/Finance Consulting Firm) Consulted AT&T,IBM,SUN,CITIBANK,JP MORGAN, LEHMAN, MICROSOFT. Designed/implemented Trading Systems - BLOOMBERG LLP. There is nothing more to say professionally speaking. Please Note: The opinions expressed here are only for education purposes and do not constitute the advice in any shape of form.
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