Is That Euro-Pop? - Bubble Ben Bernanke & Central Banks Might Have Done It Again...

So in recent weeks the U.S. dollar has been headed higher:


The value of the dollar has become inversely correlated with the movement of prices in all other asset classes over the past few years:


Why?

Because central bank authorities like Bubble Ben Bernanke have, in their arrogant ignorance of markets, turned the global financial system into a Ponzi scheme where big banks and their proxy hedge funds use highly-leveraged derivatives to engage in carry trades that, for a time, bring in big paper profits so that Wall Street robber barons can pocket their billions in bonuses. It's all fine and good until the carry trade unwinds because of unforeseen risks that undermine all the digitized risk-taking that fed the uptrend. When that happens, the bottom falls out, This is generally what played out in 2008 and is now playing out again as the next shoe drops, i.e., a sovereign debt crisis.

Ambrose Evans-Pritchard is tracking a developing Eurozone crisis caused by the irresponsible fiscal habits of countries like Greece and Spain. This is reaping havoc on the value of the Euro and thus causing the value of the dollar to rise. This, in turn, is causing asset prices, like oil, gold and equity prices, to fall. The emerging trend could easily get out of control leading to another crash in values thanks, in part, to the mismanagement of financial affairs by the world's central banks that continue to rely on dangerously misleading theories of economics and finance that were geared to rationalize greed rather than deal with the hazards of human nature.

What is noteworthy is that theories which do deal with historical financial market patterns caused by "animal spirits" have been projecting the developing collapse in asset values. As tracked in this blog, Robert Prechter has been warning in recent weeks (see video below) that the uptrend in asset prices since last March was coming to an end and a new large-scale downtrend was about to ensue associated with a rising dollar.

Also followed in this blog is that these fluctuations in mass emotion are in tune with astroharmonics, and the lunar cycle in particularly. Why do you think Arch Crawford, a financial astrologer, is Hurlbert Digest's Market Timer of the Year over and over again?:





On this score, we are potentially at a very important juncture since, as I blogged about a few days ago, we are currently in a Puetz eclipse crash window. Accordingly, a major financial panic might unfold next week with the DJIA failing at the psychologically important 10,000 mark.

Report: North Korea is "mobilizing its citizens"

Per "Open Doors USA", a Christian missionary organization operating underground in North Korea:

I’ve just received some breaking news from the field…

It details the horrifying situation our brothers and sisters face in North Korea… which you noticed earlier this month is #1 on Open Doors’ World Watch List for the 8th year in a row.

I cannot share all the details here, but the report from the field states that the North Korean government recently declared “100 Days of Combat.” This means everyone must work for the state during this time of “mobilization.” If someone is on the street without a valid reason, they are arrested and sent to a labor camp. (SOURCE)

This report comes after three days of North Korea lobbing artillery shells toward a disputed South Korean island in the Yellow Sea.



There's also news of a potential conflict brewing in the Middle East between Israel and Hezbollah/Syria/Lebanon.

Furthermore, Venezuela is provoking Columbia.

Mass emotion has clearly turned down into Primary Wave 3 of the Grand Supercycle collapse. Given my "Global Bipolar Disorder" hypothesis, it would not come as a surprise if a full-scale East/West conflict (which involves the struggle between Communism and Capitalism) erupts in the near-future.

The Fate Of The Union II

Last year, after President Obama gave an unofficial State Of The Union address, I responded with my own Fate Of The Union blog. Well, today was the President's first official State Of The Union speech, so I guess it's time for an update.

A year ago, the stock market and mass mood were nearing an important low point from which a major rebound occurred that lasted throughout 2009 and peaked just a week and a half ago. This rebound was all about "make believe". That's right, the "Change We Can Believe In" is pretty much a farce. Not that I don't give President Obama some credit for making a try at bringing the 'house divided' back together before it falls, but the hard truth is that America, and this world, has become so divided against itself by unrepentant selfishness and arrogance, that the imbalances are not going to be corrected by some highfalutin political talking points. The only possible outcome of the current division and imbalances is a collective fate so tragic that man as a species finally overcomes self-centeredness and learns to obey God and love one another. I'm afraid this inevitable fate of the union is now very near.

My last blog is a CNBC interview of Robert Prechter, the Elliott Wave Theorist, warning that the rebound in mass mood and collective confidence that started last March is now over and the next major wave down in the Grand Supercycle bear market is beginning. While Prechter coyly avoided answering the interviewers question about the percentage drop in equity prices he's expecting from here, the chart below shows the answer:


If the fate of the union in the coming months involves a 90%+ drop in stock prices, then clearly some incredibly tragic events are about to unfold. I have been desperately trying to warn America, and the world, for almost 20 years what the coming Grand Supercycle collapse will involve as I believe God revealed to me, i.e., literally we are facing the prophetic Apocalypse.

Why would this be so?

On an immediate level, what is unfolding is the most catastrophic error in "intelligence" ever. Israel, America and the Western powers have been intentionally misled into a vulnerable position so that the totalitarian powers of the East can literally blow the world to kingdom come. That this is where the world is headed has been consistently explained in my writings for the last two decades, but no one has been interested and few, if any, believe me, thus insuring our tragic prophetic fate. I have been unsuccessful in surmounting the "strong delusion" of this world because people are having too much pleasure in unrighteousness and are therefore completely unreasonable.

But, alas, our fate is God's will and who am I to try and undo ancient prophecy? Since, in a general sense, what is unfolding is the Golden Rule of love, the law of universal karma, being divinely enforced so that the plan of Creation is fulfilled. And, as a matter of God's righteousness, I've reincarnated into this world's creative madness just as its breakdown is set to ensue. Thus, man's fate is also my own. Quite frankly, I would prefer to forget all that I now know, I wish I could "make believe" what I'm supposed to believe instead of realizing the truth, I wish I'd taken the blue pill....but how then would there be the Revelation? How then would there be hope?

Whatever.

Go ahead and listen to the false promises of misleaders like President Obama so you're not upset by reality. Continue to pleasure yourselves to death. After all, true freedom seems too scary.


It is an ultimate challenge to overcome what you're supposed to believe, but this is the only chance we have IMHO.

Robert Prechter On CNBC Today

A Puetz eclipse crash window is in effect...

In the wake of the January 15th solar eclipse top in mass mood, a sharp reversal in the stock market has ensued:



As overviewed in my blog at "The Turning Point", the next wave down in the Grand Supercycle bear market is likely to be apocalyptic, something I may have foreseen. As projected by Robert Prechter in his January Elliott Wave Theorist, a 90%+ drop in stock prices should unfold in the months ahead:



The initial breakdown has already started with the DJIA plunging around five percent last week in reaction to President Obama picking a fight against the financial Ponzi scheme Wall Street has been engaged in for so very long.

Now, as indicated by Chris Carolan, a "point of recognition" may occur. In this context, note that we have just entered a Puetz eclipse crash window:

Several years back, a cycle watcher named Steve Puetz attempted to see if eclipses and market crashes were somehow related. He studied eight of the greatest crashes in financial history, from the Holland Tulip Mania of 1637 to the Nikkei of 1990. He found that market crashes tend to occur near full moons, and that the greatest number of crashes start after the first full moon after a solar eclipse, when that full moon is also a lunar eclipse. Puetz found that all eight crashes occurred six days before to three days after a full moon that occurred within six weeks of a solar eclipse. The odds of that being a coincidence, Puetz calculated, are less than 1 in 127,000.

Puetz was not saying that so-called "Puetz windows" always lead to crashes, but that if a crash is going to occur, a Puetz window would be the likely time frame in which it would happen. Puetz windows tend to occur every year or two, while crashes are rare events. (SOURCE)

He....concludes that a full moon in general and a lunar (eclipse) full moon close to solar eclipses, in particular, seem to be the triggering device that allows for the rapid transformation of investor psychology from manic greed to paranoia (SOURCE).

The first full moon in the wake of the January 15th solar eclipse that marked the peak in mass mood will occur on January 30th. Thus, a Puetz eclipse crash window is in effect from January 25th to February 2nd during which there may be "rapid transformation of investor psychology from manic greed to paranoia".

As for the evident lunacy of man, this simply reflects how cycles of mass human e-motion (energy in motion) are related to the motion of the universe around us. This is akin to the breathing of the Creator. To disbelieve in God and Creation is to not believe in life, consciousness and your very own existence IMHO. Undoing such extraordinary popular delusions is a crucial part of the "correction" now underway. There is relevant truth to the ancient adage, "As Above, So Below", regardless of the self-important lies most people choose to believe in the modern age.

These videos may change your life...

I've created two large YouTube video playlists that I believe can change your life if you watch them.

First, here is a video playlist related to Near-Death Experiences and evidence of life after death. (Note that I took a course on NDEs with Dr. Kenneth Ring while at UConn many years ago that forever changed my own perspective on "life"):



Second, here is a video playlist related to evidence of reincarnation:



The implication of the evidence should be clear....we do not die. That which is "I", our conscious being, is eternal. The "chooser", in my opinion, is indestructible. Consciousness, which directs energy transformation in the universe (which is all that ever happens "here"), is in and of itself separate from materiality. The animator is not the animated.

Syria Calls Up Reservists in Response to Israeli Moblization in Northern Israel

Read HERE...

Them's fightin' words!

President Obama effectively declared war on Wall Street's reckless greed this morning:



This sent the stock market into a tailspin, particularly the share prices of big banks and Goldman Sachs in particularly:



As it has been, Wall Street has been raking in record earnings and fat bonuses by effectively gambling with the money of depositors and taxpayers. When their risky bets went sour after the housing market turned down, the big banks were too big to fail, so taxpayers had to bail them out to the tune of $2.5 trillion. In the wake of that bailout, and after accounting standards were twisted to keep the banking system technically solvent, Wall Street had a banner year in 2009 for which they are now rewarding themselves around $150 billion in bonuses. That this whole Ponzi scheme is one of the most unprecedented crimes in American history is a profound understatement.

Well, President Obama, to his credit, has decided to put his foot down by invoking, rather aptly, what he dubbed the "Volcker Rule". Consequently, the robber barons on Wall Street are bound to chop off the President's foot and tank the stock market thereby harming the effective savings of millions of Americans who have placed blind trust in the most untrustworthy sorts. The President's announcement today was like declaring an end to the largest Ponzi scheme in human history.

True Art!

*** FULL EPISODE ***

Fire Geithner! - William Black for Treasury Secretary

Treasury Secretary Timothy Geithner, one of the most corrupt officials in American political history, should be fired (and jailed) forthright, and William Black should be made U.S. treasury secretary:






Wall Street is currently paying out a record $145 billion in bonuses, around 40% of revenue, when, as William Black points out, 2009 profits are based upon FICTIONAL ACCOUNTING that was put in place so we could "make believe" our banking system is still solvent! What's more, this money is best kept in house by banks at the current juncture as they desperately need reserves against future losses since the economy continues to be distressed, and debt defaults continue to grow, consequent to the damage caused to the economy by Wall Street's unrelenting, reckless greed of years past. Unfortunately, however, what is taking place is that the financial elite are trying to steal as much they can get away with, compliments of our complicit (mis)government, before their fraudulent Ponzi scheme comes to a catastrophic end.

The financial robber barons on Wall Street, and their lackeys in D.C., needed immediate prison sentences a year-or-so ago, not an urgent $2.5 trillion taxpayer bailout. These vile creatures are the epitome of the wrongfulness of greed run amuck which modern-day economists have sought to justify as the ideal means to an optimal social end when in fact the complete opposite is the case. The whole lot deserve God's judgment in the worst way.

IMHO, the current predicament is a historical caricature of systematically violating the Golden Rule in the most absurd ways imaginable. Apparently, God is making an important example out of modern America and it's unrepentant worship of Mammon.

Moon Conjunct Jupiter & Neptune

Read HERE...

Israeli army crosses into Lebanon

Read HERE...

Cruise ships still find a Haitian berth

Read HERE...


Cruise ships can find their way into Haiti, but apparently food, water and emergency supplies can not:


Meanwhile, Wall Street is set to pay a record $145 billion in bonuses a year after being bailed out by American taxpayers to the tune of $2.5 trillion. Haiti's annual GDP is around $7 billion and half of its 10 million inhabitants live off of a dollar a day. In modern America (and this world in general), money is served like God while human neighbors in dire need are left to suffer and die. What makes Wall Street's financial elite, and Americans in general, believe they won't be held to account by their Creator for such egregious violations of the Golden Rule?

On the last day, Jesus will say to those on His right hand, "Come, enter the Kingdom. For I was hungry and you gave me food, I was thirsty and you gave me drink, I was sick and you visited me." Then Jesus will turn to those on His left hand and say, "Depart from me because I was hungry and you did not feed me, I was thirsty and you did not give me to drink, I was sick and you did not visit me." These will ask Him, "When did we see You hungry, or thirsty or sick and did not come to Your help?" And Jesus will answer them, "Whatever you neglected to do unto one of these least of these, you neglected to do unto Me!" (source)

Hezbollah held antiaircraft missile test in Syria

Report: Hezbollah held antiaircraft missile test in Syria

Published: 01.17.10, 11:18 / Israel News

An American source told Kuwaiti newspaper al-Rai that according to intelligence reports, Syria allowed Hezbollah members to train on its territory using anti-aircraft SA-2 missiles.

The American source noted that Israel had warned Syria not to equip Hezbollah with such missiles. He estimated that if Damascus chose to do so, this would lead to a war between Israel and Hezbollah and Israel may also bomb targets in the Syrian capital. (Ynet)

Meanwhile, the leaders of Hezbollah and Hamas have held a closed-door meeting in anticipation of what's next...

Nasrallah meets Mashaal, calls to end 'Arab weakness'

Hamas delegation headed by Mashaal meets Hezbollah chief Nasrallah in Lebanon. Joint statement says 'diplomatic activity to renew peace talks aimed at securing Israeli interests, underscores futility of official Arab stance'

MORE...

Notably, in my 'apocalyptic vision' the chemical missile attack on Israel was specifically of a chemical SCUD missile attack on Haifa, Israel. At the time I saw this mysterious special report, during the 1991 Gulf War to remove Saddam's Iraq from occupying Kuwait, I was perplexed as to why my premonition of a future chemical SCUD missile attack on Israel was of Haifa being struck instead of Tel Aviv, where most of the reports of Iraqi SCUD missile strikes were emanating from at that time.

In the wake of the 1991 conflict, it started to dawn upon me that possibly what I foresaw was a Syrian SCUD attack on Israel since Syria lies to Israel's north and, in the event of a Syrian missile strike, Haifa would be the first Israeli city to report being hit given the regional geography and distance to targets. Now with Saddam Hussein out of the picture, the only possible source of a chemical SCUD missile attack on Haifa is Syria (unless Hezbollah is now equipped with SCUD-type missiles and chemical warheads). This is what the rest of the world might soon witness as the prophetic Apocalypse begins.

A Turning Point?

The DJIA was down 100 points today. Robert Prechter's January Elliott Wave Theorist came out yesterday showing how the Elliott Wave patterns of the stock market rally since last March's low completed into the solar eclipse (see related blog) that occurred before the stock market opened today.


With today's decline, the Elliott Wave short-term update announced that Primary wave 3 down has begun.


This is nothing short of the beginning of the Apocalypse wave. Robert Prechter's EWT included a chart projecting the DJIA would collapse by 90%+ from here to 1000 by the end of Primary wave 3 down which he indicates could be reached by early next year.


Please bear in mind that my 'apocalyptic vision' started with seeing a special report of a chemical missile attack on Israel. On this note, examine the news below.

Report: Israeli attack on Lebanon is imminent

Report: Turkey warns Lebanon that Israel may be planning attack

Report: Israel reassures Lebanon before IDF exercises

Nasrallah: War will change region's face

Israel suspects Qaeda or Hezbollah in Jordan blast

God have mercy on us all.

Orthodox Christmas strengthens alliance between Putin and Patriarch Kirill

Read HERE.

KGB, Church Find Common Ground

Here's an interesting excerpt from a 2007 RFERL article, "The Soft-Power Foundations Of Putin's Russia", related to my conjecture that the resurrection of Imperial Russia and rise of the Antichrist are underway in Moscow:

KGB, Church Find Common Ground

One of the siloviki's most effective allies in this cultural counterrevolution has been the Russian Orthodox Church. During the Soviet period, the Orthodox Church and other religious groups were under the KGB's direct control. As Feliks Dzerzhinsky, founder of the original Soviet secret police wrote: "Leave the church to the chekisty. Only they, with their specific chekist methods, can control the clerics and undermine the church from within." That decision began the strange cohabitation of the church and the KGB, with the security agency using the church's authority to influence believers at home and abroad and the KGB using church foreign dioceses as fronts for operations abroad.

After Boris Yeltsin came to power, there was some discussion of exposing the clergymen who cooperated with the KGB, but that effort never got off the ground and was quickly shelved.

In Putin's Russia, the church plays a major ideological role. Metropolitan Kirill of Smolensk and Kaliningrad, who is the head of external relations for the Moscow Patriarchate, is a close Putin loyalist (and 'former' KGB agent). In a nationally televised sermon in 2005, Kirill said the reformers of the 1990s did not understand "that reform does not mean Westernization." A year later, the 10th World Congress of Russian People, an event organized by the Moscow Patriarchate, adopted a conception of a uniquely Russian vision of democracy and human rights, an idea that became a central tenet of the Kremlin's ideology of sovereign democracy. Speaking at the congress, Kirill said there are higher values than liberty and democracy and that the church rejects the idea that "human rights prevail over the interests of society." Patriarch Aleksy II repeated these ideas in October when he spoke from the pulpit of Notre Dame in Paris during his first-ever visit to a Catholic country.

Perhaps the biggest achievement of the church in the Putin era has been its unification with the Russian Orthodox Church Abroad, which was marked in Moscow in May (see video below). Putin personally played an active role in the reconciliation talks between the churches, which split during the Russian civil war of 1918-23.

Another significant achievement was the church's successful lobbying to create a new national holiday, People's Unity Day, which has been marked on November 4 for the last three years and replaces the old communist holiday of November 7, the anniversary of the 1917 October Revolution. Before 1917, November 4 was a church holiday honoring the icon the Kazan Mother of God, which is a symbol of the end of the so-called Time of Troubles in 1612. That year, Russians liberated Moscow from Polish occupation and in 1613 a Land Assembly (Zemsky sobor) chose Mikhail Romanov as tsar and created the dynasty that would rule the country until 1917.

With resonance for Russia today, the new holiday celebrates the triumph of national unity over internal dissent and foreign intervention. The initiated, however, also know that the holiday has another significance: on almost the same day, November 2, 1721, the Senate proclaimed Peter the Great an emperor and transformed the country into the Russian Empire. That event came after Peter's victory over Sweden in the Northern War, when Russia took control of the area that is now the Baltic states and Finland.

The siloviki and the Russian Orthodox Church are natural allies in the drive to build a state-dominated, authoritarian capitalist system based on traditional Russian values. The siloviki are using the authority of the church to restore more and more elements of the country's 1,000-year monarchist tradition, to which many prominent siloviki have expressed unconcealed sympathy. One recent chekist manifesto, "Project Russia," quoted the revered 19th-century cleric St. Ioann of Kronstadt as saying, "Hell is a democracy; heaven is a kingdom."

Of course, no one is interested in knowing about the coming of the "Lawless One" at the current historical juncture because everyone is too busy having 'pleasure in unrighteousness', thus sealing a most tragic fate for this world.

"The coming of the lawless one by the activity of Satan will be with all power and with pretended signs and wonders, and with all wicked deception for those who are to perish, because they refused to love the truth and so be saved. Therefore God sends upon them a strong delusion, to make them believe what is false, so that all may be condemned who did not believe the truth but had pleasure in unrighteousness." [2 Thessalonians 2:9-12]

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"Today the Soviet system can no longer seriously strive toward the spectre of Communism - but at the same time it cannot yet abandon the grandeur of its tasks, for otherwise it would have to answer for fruitless sacrifices which are truly innumerable. But in what then can the Soviet system find its justification? Only in the consciousness that it was unconsciously in the past, as it is now quite consciously, God's instrument for constructing a new Christian world. It has no other justification, and this is . . . a genuine and great justification. By adopting it, our state will discover in itself a truly inexhaustable source of Truth, spiritual energy and strength, which has never before existed in history . . . The old pagan world has now finally outlived its era . . . In order not to perish with it we must build a new civilization - but is Western society, whose foundations have been destroyed, really capable of this? Only the Soviet sytem, having adopted Russian Orthodoxy . . . is capable of beginning THE GREAT TRANSFORMATION OF THE WORLD." (Passage written by Russian nationalist G.M. Shimanov quoted in Yanov's The Russian Challenge, p.236)

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From outward appearances it would seem that the old Soviet Union has returned. A thing crucified, dead and buried has been resurrected. Four weeks after Vladimir Putin’s re-election, a procession led by the Patriarch of the Russian Orthodox Church arrived at the Church of Christ the Redeemer in Moscow. In keeping with ancient tradition the doors of the church were shut, symbolizing the sealed cave where Christ’s body was placed following crucifixion. “After midnight,” noted Russian journalist Anna Politkovskaya, “the Orthodox faithful taking part in the procession await the opening of the church doors. The patriarch stands on the steps at their head and is the first to enter the empty temple where the Resurrection of Christ has already occurred.” In due course the Patriarch offered up a prayer, the doors of the Church of Christ the Redeemer were opened and out stepped President Vladimir Putin. If any Christians were present for this ceremony they offered no protest to this blatant sacrilege. The woman who reported this event for the benefit of Western readers has since been assassinated. The KGB defector who was investigating the circumstances of her death has been poisoned (i.e., Litvinenko). [SOURCE]

Note that Vladimir Putin took power in Moscow on December 31st, 1999, at the turn of the Millenium. Given that a day is like a thousand years to the Lord, Putin's rise to power was supposed to symbolize how Christ rose on the third day, i.e., on January 1st, 2000, the holy (the term is used loosely here) Russian empire (i.e., the "Third Rome") and its 'tsar of tsars' (i.e., king of kings) "resurrected".