Dear Friends,
The key to future lies in the political unwillingness to face the reality of what is occurring. I have said since we first met that when the events outlined in the Formula take control central banks will burn the barn down before rolling over to something larger than all the central banks put together. The barn is the US dollar and burning it implies .5200 on the USDX.
Today's awful employment figures, which if properly understood is a net negative employment contraction, is what we have anticipated and is super bullish for gold. Today's event is the complete validation of the analysis that has connected all the economic and political dots recognizing the motion and defining the results.
Gold is heading to $1050, will have a good scrap with COT and then continue onward to $1650.
If there is any error it is only that $1650 is too conservative an expectation.
The US dollar is headed to .5200 and all the spin that can be produced will not stop this progression.
Business activity is going down. Hyperinflation is coming up into a stagflation of all time.
This final prediction is where the dots all end. From this point forward you must be protected. You have to take the actions suggested, not because the cost is low and the effort small, but because if you do not the repercussions are so costly it is unimaginable to the host of nitwit geeks and greed sociopath investment bankers who all play tragic roles in getting us here.
The major unwinding has begun. With equity markets now beyond the control of PPT this can result in the Federal Reserve taking EMERGENCY ACTION of a nuclear explosion of liquidity and all its horrible inflationary implications which we have shown you as unstoppable after NOW being released.
Take shelter or financially perish. Shelter ONLY comes in the form of gold and all things as hard assets.
The age of asset valuation has begun. The 27 years of paper tiger ruler ship has defeated itself.