UK Government Sells Northern Rock for Approx £20 billion Loss to Virgin Money

Hi Nadeem,

The current outlook is still valid for stock market? Because I am seeing lot of calls for crash from SPX 1200 to 1000/900-500 level, in next 2-6 weeks from now. WE just had 20% correction and now we are on our way to next new high in the normal bull market according to inflation mega trend based on your last update. Can you please comment on this for quick reply as I wait eagerly for your next in-depth update.

Thanks,

Shyam

We are witnessing the decline of the West.

I tried to warn people not to get into the markets despite claims of "new bull highs" when technically this did NOT fit.

Governments always go after "other people's money" in their last desperate attempts to hold on to power and the status quo. This is why we are seeing our freedoms and democracy being hindered.

I suppose the question must be asked whether you want to live in this kind of ever increasing fascist state? Good luck with your Sheffield house purchase Nadeem. I personally would be moving away from this desperate country. Look at how our wealth has been deliberately eroded through the currency exchange rate markets (QE). Expect more of this until the people of Britain are cornered and cannot get out. Perhaps, then we will hear the proverbial "pips squeak". as the middle classes finally wake up to their reality - enforced enslavement by the banking elite.

When market interest rates do rise, the misery will increase further.

Hi

Yes, stock market volatility is high, but the big picture is that the markets are waiting for the ECB to start printing trillions of Euro's

When ? Well as the debt contagion increasingly spreads to core eurozone then that will end the German Bunds bull run, prompting the ECB to print money and monetize all EU debt.

The mega-trend remains the same as I voiced 2 years ago, governments will print money to monetize debt which means the value of cash will be destroyed so you need to be in hard assets such as commodities, div stocks and housing

Watch for my next in-depth article on UK inflation mega-trend.

But, at the end of the day, the future is very bright, we are on a parabolic curve of technological developement, the next 20years will see more advances than the last 200 ! Genetics, we have not even begun ! Imagine bacteria that turns waste into food or fuel ! Thats where we are heading!

Best

NW

Hi Nadeem, how does the failed German bond sale overnight affect your analysis. To my mind, if the Germans can't raise cash Europe is gone, no matter how much money printing they do, because no one will have faith in this cash they will be throwing around. I think we are heading down next year, but maybe a Santa Claus rally before then.

The markets are waking up to the fact that Germany is offering 2% against 3% inflation. The same holds true or is worse for the rest.

I need to complete my article and post it cos events are happening that I am anticipating but have not posted for a few weeks. In which respect there are mega-profits brewing in shorting the bond markets, thats Japan, UK, Germany and eventually the US.

The UK is not a safe haven, neither is Japan or the US, the UK interest rates should be about 6%, thats were they eventually will be (10 year gilts) and spike far higher at a rate we cannot even imagine today.

Best

NW

Dear Nadeem,

I hold some UK and international inflation-linked bonds; would you suggest I sold them?

Thank you for your advice.

Regards,