Thursday, July 17, 2014

Video of Malaysian airliner MH17 shot down near Ukraine

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Looks like Russians fighting in or near the Ukrainian-Russian border near Donetsk shot down a Malaysian passenger airliner with nearly 300 souls on board using one of the upgraded surface-to-air (SAM) missiles that have recently been introduced in the fighting there by Russia.

The YouTube video below of a plane shot down in East Ukraine was posted just before news of this story broke. This is footage of the plume of smoke from the airliner crashing into the ground:

MORE: The Interpreter Ukraine Liveblog

Tuesday, July 15, 2014

Saddam's Iraq took down TWA Flight 800

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CNN is currently airing a special on the crash of flight TWA 800.

The airliner was most likely taken down by a shoulder-fired surface-to-air missile launched by a terrorist operating at the behest of Saddam Hussein's Iraq (follow that link for elaboration). This was the second episode of the FBI and US intelligence community (intetionally?) overlooking the involvement of Saddam Hussein's culpability in engaging in terrorism against America in the wake of the 1993 World Trade Center bombing which also was the handiwork of the Iraqi dictator. Laurie Mylroie and I have tried time and time again to get the FBI and US intelligence community to deal with this reality to no avail. To the contrary, justice has been obstructed at the highest levels of government. The consequence was 9/11 and the subsequent anthrax mailings. Somehow even after those immense terrorist assaults against America, US intelligence still remained wittingly oblivious to Iraqi involvement. Fortunately, President George W. Bush saw through the idiocy of the politicized intelligence agencies that have persisted in failing to protect national security and made the right decision to take out Saddam Hussein. But does the story end there?

Elements of the Sunni Muslim terrorist cell, that ultimately succeeded in taking down the Twin Towers in 2001 after an unsuccessful try in 1993, continues to live and work in New York City. Will this ever be addressed by the FBI?

Tuesday, July 08, 2014

Dow 17000 & World War Three?

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The DJIA peaked out on July 3rd, closing above the psychologically important 17000 mark for the first time in history, and is now reversing course closing below 17K today:

Although I was a little early in calling the peak of Western Civilization in June, it is now starting to appear that the final top is in place.  Immediately with this reversal at Dow 17000 there is news of war erupting between Israel and Hamas in the Gaza Strip.

Last week, three kidnapped Israeli teens were found dead and Hamas started hitting southern Israel with rockets.  Consequently, earlier today Israel initiated a major military campaign against Gaza, dubbed "Operation Protective Edge", and Hamas has responded with an ongoing, expanded missile barrage against southern Israel that has included strikes on Tel Aviv and Jerusalem. The Israeli Defense Forces (IDF) has called up 40,000 reservists for a possible ground incursion into Gaza in the face of the growing missile onslaught by Hamas.

As has been highlighted in this blog many, many times, reversals from psychologically important thousand marks in key stock indices like the DJIA are often followed by major geopolitical shocks.

Here's three notable historical examples I often cite.

Between 1966 and 1982, the DJIA went up to the psychologically important "Magic 1000" barrier and reversed course multiple times.  Each major reversal off Dow 1000 involved significant bear markets with the stock market falling 20%+ five times.  Each of these bear markets involved all kinds of negative historical events and trends from the Vietnam War to oil shocks to Watergate.  This included the major reversal in the autumn of 1973 associated with that year's Yom Kippur Arab-Israeli War and the subsequent OPEC oil embargo which drove the DJIA down by 40%+ in a year's time and precipitated the worst economic downturn since the Great Depression up to that point.

Likewise, in the summer of 1990 the DJIA reversed from the psychologically important 3000 mark (reaching a closing all-time high that year of 2999.75 on July 16th and July 17th) and fell by 25% by October of that year.  This trend reversal took the form of Iraq's invasion of Kuwait, a significant oil-shock and the 1990 Gulf Crisis which pushed the economy into a recession.

A final profound example occurred in the autumn of 2001 when, just after the DJIA reversed below the psychologically important 10000 mark on September 6th of that year, Wall Street broke hard with the 9/11 terror attacks on the World Trade Center towers and Pentagon:

As for the current juncture, not only is the DJIA reversing from the 17000 milestone, the Dow Jones Composite, NYSE index and German DAX are turning down from the 6000, 11000 and 10000 marks, respectively:

Furthermore, this reversal likely comes in the wake of a historically important Grand Supercycle peak according to the Elliott Wave Principle.  What I believe constitutes the peak of Western Civilization:

In the wake of this peak, we should expect the collapse of Western Civilization.  In fact, the wave patterns that have unfolded indicate that what's most likely to occur is a rapid crash more so than an extended collapse.

What form could this crash take?

Honestly, I wouldn't be surprised if the current conflict between Israel and Hamas is leading up to what I foresaw 20+ years ago in my apocalyptic vision: chemical SCUD missiles slamming into Israel followed by a global nuclear war.

Jul. 8, 2014 5:43 PM EDT 
UNITED NATIONS (AP) — Iraq has informed the United Nations that the Islamic State extremist group has taken control of a vast former chemical weapons facility northwest of Baghdad where 2,500 chemical rockets filled with the deadly nerve agent sarin or their remnants were stored along with other chemical warfare agents. 
Iraq's U.N. Ambassador Mohamed Ali Alhakim said in a letter to U.N. Secretary-General Ban Ki-moon circulated Tuesday that "terrorist" groups entered the Muthanna site June 11 and seized weapons and equipment from the protection force guarding the facility. 
He singled out the capture of bunkers 13 and 41 in the sprawling complex, which according to a 2004 U.N. report also contained the toxic agent sodium cyanide, which is a precursor for the chemical warfare agent tabun, and artillery shells contaminated with mustard gas.
Islamist Syrian rebels reportedly seize Saddam's CBW Scud missiles in Deir el-Zour - via

Does the Islamic State have a Scud missile? | via

ISIS Parades Scud Missile 'Heading Towards Israel' - Middle East - News - Arutz Sheva

God have mercy on our souls...

Thursday, June 26, 2014


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“If you ever hear of Muslims attacking the USA with a nuclear weapon, do not believe it, because it will be the Russians behind it.” - Statement by Russian defector to J.R. Nyquist

In Bill Gertz's most recent Washington Times Inside The Ring dispatch, there's the following interesting tidbit of information:


The al Qaeda offshoot that has taken over large parts of Iraq this month has launched a global propaganda campaign threatening attacks on Americans if the United States intervenes in the conflict. The campaign, by backers of the Islamic State of Iraq and the Levant (ISIL), also known as ISIS, launched Monday on Twitter.

The campaign, in both English and Arabic, is being watched closely by U.S. and allied intelligence agencies concerned about terrorist attacks against the United States and its interests related to the conflict in Iraq and Syria.

The effort will seek to sow fear and incite attacks and will use images of the September 11, 2001, terrorist attacks on the World Trade Center with its messaging.

The group is signaling that if the U.S. intervenes in Iraq, all U.S. citizens will become targets for Sunni jihadists. Any U.S. attack on Iraq will be the basis for the terrorist strikes, along with U.S. friends and allies who offer support or bases for American forces.

Other potential targets include U.S. embassies and companies that employ Americans. One jihadist promised “rivers of blood” in attacks that would include women and children. A U.S. official said the campaign is being watched but so far has not gained traction among other large numbers of jihadists.

Meanwhile, ISIL this week published the fourth edition of its English-language magazine “Islamic State Report,” which includes photos of its invasion of central Iraq and of the mass executions of 1,700 Iraqis.

The Obama administration already has taken sides in the conflict by sending some 300 troops to Baghdad to bolster the pro-Shiite government of Iraqi Prime Minister Nouri al-Maliki.

Navy Rear Adm. John Kirby, a Pentagon spokesman, told reporters Tuesday that the first 110 troops have arrived in Baghdad as “initial assessment teams.”

“These teams will assess the cohesiveness and readiness of Iraqi security forces, hire headquarters in Baghdad, and examine the most effective and efficient way to introduce follow-on advisers,” Adm. Kirby said.

Reconnaissance aircraft are flying 30 to 35 missions a day to learn the locations of ISIL forces.

A U.S. official said the terrorist group has taken control of large areas of central Iraq but is not believed militarily strong enough to take over Baghdad.

[Note that ISIL = ISIS, i.e., Islamic State of Iraq & Syria.]

As any one following the news out of Iraq lately realizes, ISIS (ISIL) is a Sunni Muslim extremist group fighting to carve an Islamic caliphate out of Syria and Iraq that recently overtook the northern Iraqi city of Mosul. This so-described terrorist group of some 10,000 fighters is overrunning town after town in Iraq and taking large swathes of territory while the 900,000-strong Iraqi Security Forces run scared. While I won't get into here how absurd that narrative is in and of itself, what I will highlight is how ridiculous the idea is that this newly popularized Islamic extremist group somehow is interested in engaging in terrorism directly against the U.S. 

At this point, three nations are involved in the fight against ISIS: Iraq, Iran and Syria. The U.S. has positioned the George W. Bush aircraft carrier in the Persian Gulf and sent some support troops and advisers into Iraq, but otherwise the U.S. is yet to get involved in the fight. Why would ISIS, effectively under assault by three other nations already, want to infuriate the American military behemoth with acts of terrorism against U.S. interests? Yet, somehow, this the narrative the world is being misled to believe.

Why would this be?

I believe the operational term here is: "Grey Terror".

J.R. Nyquist provided an excellent summation of what Grey Terror is all about in a 2004 Financial Sense column:
According to (Petr) Cibulka, al Qaeda is the child of the Communist Bloc and its rogue state allies. "[Al Qaeda] is supplied and trained by Iraq," said Cibulka in a 2003 interview. "But the real brains behind this global terrorist campaign against the free world – is in fact the Russian GRU. Moscow fights against the United States with a hidden hand."......Soviet Communism invented modern terrorism. The Communists trained Arafat, Mandela, Carlos the Jackal and others. To what end was this training?

There is an old book by a GRU defector who wrote under the pen name Viktor Suvorov. The book's title is Spetsnaz: The Inside Story of the Soviet Special Forces. Chapter 15 in this book is about Spetsnaz's role at the outset of World War III. It makes very interesting reading.

Russian Spetsnaz commandos are trained as paratroopers, explosives experts, terrorists and assassins. According to Suvorov, World War III will not begin with conventional military operations, or even with massed nuclear missile strikes. On page 196 he describes "a series of large and small [terrorist] operations the purpose of which is, before actual military operations begin, to weaken the enemy's morale, create an atmosphere of suspicion, fear and uncertainty, and divert attention of the enemy's armies and police forces to a huge number of different targets'." According to Suvorov: "The principle method employed at this stage is 'grey terror'", which is a kind of terror that is carried out "in the name of already existing extremist groups not connected in any way with the Soviet Union, or in the name of fictitious organizations."
Some historical examples of Grey Terror on which I've written at length are 9/11 and the subsequent Anthrax mailings. I believe that these attacks served the strategic purposes of the Kremlin in drawing the U.S. into major military actions in the Middle East that have helped stoke anti-Americanism around the world.  America is now viewed around the world, and particularly in the Muslim world, as an "imperialist, war-mongering superpower" that needs to be countered, something which the Kremlin has long planned to do via thermonuclear force.  It's just that:
The Soviets never start a war. By definition, the United States or, more generally speaking, "imperialism is the source of all antagonistic conflicts of the present day world, the source of war danger."[General Major A.S. Milovidov, quoted in Soviet Strategy For Nuclear War, p.98] 
Accordingly, any future terrorist attacks against the U.S. or its interests around the world in response to American military action against ISIS should be considered the surreptitious handiwork of Moscow, especially given that ISIS appears to be a product Saddam Hussein's regime-as-it-was.
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