1. The slowing of business in the US finds no mention of the impact that lower profits will have on Federal Tax Revenue. The concept of total upset in the US Federal Budget deficit just seems to have eluded all the vocal experts. This event, undoubtedly coming, is terribly dollar negative.
2. The Federal Reserve assures US businesses that they will provide all the liquidity required for the normal year-end demands. However, there is no tradition of year-end demand so much that it requires a Fed announcement.
3. Gold shares and gold itself feel the pressure of the imploding equity market even though this is a key positive factor in looking for gold at $1650.
4. The dollar drives gold, not the US equity market.
5. Nothing could be more dollar negative than an implosion of the US equity market. This is true because an exit from the US market will further turn the Treasury International Capital Flows negative and in time net negative.
6. The Fed will burn the US dollar before letting the equity market implode on itself. The accelerant to the dollar conflagration is liquidity, liquidity and more liquidity, of course for the traditional year-end demands.
7. Derivatives, which are at the heart of the present credit market meltdown, continue to grow. It appears nothing will stop the “Merchants of Perdition" until they destroy everything they have touched.
8. The brainless devoid of souls trading machines hammer away because of quant analysis, another product in the dark shop of the “Merchants of Perdition.”
9. All of this is outlined here in the Formula as a prerequisite for Gold’s major dash to $1650.

Gold is the light in the dark world of mad money changers and down right criminals. Complexity and paper games are now considered productive business while you see their destructive power right in front of your eyes here and now.

What you see today in Gold and Gold shares has been with us in varying degrees ever increasing at the end of the day since $248. It masked for many the true nature of the generational bull market in gold. Now the lemming syndrome takes many out of their insurance policy in the name of trading right when you need it the most.

As the dollar declines, gold rises. Going forward gold will rise faster and gain a greater percentage as the dollar declines for a simple reason. Gold is in the process of becoming the currency of the people. In this sense it is financial power to the people.

Let the moneychangers in the corridors of cyber Wall Street all go to hell for what they have done to the common Joe, trying to make a living to feed, clothe and educate his children and family.

This is it!