Rigged Markets Down Big Time than gets pumped back to close even

[citizenx]

3400$ for gold apparently.

Oops, just a glitch, right?

[TahoeBlue]

3400$ for gold apparently. Oops, just a glitch, right?

There will have to be some new manufactured "crisis" when they decide to pull the plug. 

I keep wondering what it will be. WWIII? Obama the illegal alien? What? and When?

[Letsbereal]

There will have to be some new manufactured "crisis" when they decide to pull the plug. 

I keep wondering what it will be. WWIII? Obama the illegal alien? What? and When?

The guy on AJS said (thought it was G. Edward Griffin) they wonna pull of WOIII around 2020.

[America2]

The guy on AJS said (thought it was G. Edward Griffin) they wonna pull of WOIII around 2020.

So I guess this means we could be seeing AH...Nuld in the Oval Office by 2013? Because by 2012, economic conditions will probably have gotten really bad, that the masses will be BEGGING for a "saviour". So why not some former action star hero we've seen on the big screen for years?

*sigh* people never learn

[TahoeBlue]

The guy on AJS said (thought it was G. Edward Griffin) they wonna pull of WOIII around 2020.

Yes I've seen that. Many of the NWO doc's I've read have mentioned that "Globalization occurred too quickly" , as if that was a bad thing for them! Also I was reading where they will push the dollar back to center as the global currency. With the global funk Dollarization will occur throughout ROW.

If the dollar is to truly be global it must be affordable and ubiquitous. So all these dollars they have on the books could end up in zimbabway. This may be a requirement for the continuation of the Anglo-Dutch-American empire.

There goals were to consolidate (steal) the wealth of the baby boomers and lower their retirement standard of living while collecting the approx. 5 trillion in savings (europe + U.S) and the ownership of the assets.

Now that mission has been accomplished.... we may indeed see a slow recovery for the next ten years with a WW around 2020 to complete the consolidation and throw the whole world into bondage.

[citizenx]

DOW up .42 to 10,387.  And there we are -- a stone's throw from the magical 10,400 around which the DOW has fluctuated since mid-Nov. of last year.

[citizenx]

DOW up .27 to 10,415.  Again, mysteriously hovering right around 10,400  -- IMO, with no visible means of support.

[America2]

DOW up .27 to 10,415.  Again, mysteriously hovering right around 10,400  -- IMO, with no visible means of support.

Don't be surprised if it goes up to 11K going into Oct, and while everyone thinks everything will finally get "gooder and gooder"...how many years has this "October Surprise" been rumored again?

[citizenx]

If it does, I think it will go right back down in Nov. and then maybe continue to decline.  Doubt if this plan was for more than one year.  I also think the slide could begin sooner, though.

[citizenx]

Dow now over 10,600.  Seems to be levelling off at 10,608 up barely (.12) Fri.

But, bad economic news:

US economy fears as consumer confidence plunges
American consumers do not expect to be feeling any more confident in six months' time, a widely-watched index revealed today, underlining the hurdles facing a recovery in the world's biggest economy.
 
Richard Blackden, US Business Editor
Published: 8:44PM BST 17 Sep 2010



 Evidence of a flagging consumer will worry the Federal Reserve, which meets next week to decide on what, if any, further stimulus measures the economy needs.
The Thomson Reuters/University of Michigan index of consumers' future confidence fell this month to the lowest level since March 2009, when the shadow of the financial crisis hung heavily over the whole economy. Current confidence was little better, with the index dropping to 66.6 in September from 68.9 in August.

After an almost relentless stream of weak data over the summer, investors and analysts are desperately trying to gauge on the most likely path for the economy. While billionaire investor Warren Buffett has ruled out a double-dip recession, others are less sanguine.

 
for the rest of the story:
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8010022/US-economy-fears-as-consumer-confidence-plunges.html

[America2]

Stock markets go UP when economic factors are BAD, who would have thought?

It looks like the PPT MAY have enough gas to inch up to 11K. Then the lever may be finally pulled.

[citizenx]

Personally, I'd bet on gold to 1300 before Dow to 11,000.  But I could be wrong.  Strangely, these may not be mutually exclusive propositions now either.

[Letsbereal]

Oh, China is more than rigged -- it is still a government controlled mandate economy in may ways.  The PLA (People's Liberation Army) owns controlling shares of all the big companies -- floating loans (deriving investment) from Western corporations.

The bailout of the economy there is sputtering as well.  Gov't by itself cannot sustain an economy.  By itself (without WWII) the NRA and New Deal in general would have failed to pull America out of the Great Depression. Keynesianism in all its forms is limited in what it can do (in this world).  That should have been one of the lessons of the twentieth century.

There is a law of diminishing returns for gov't. spending/debt/investment.  It may be a "blessing" as one of our founding fathers said, but in a very limited way.  The debate in America over this has largely been a division between those who favor Keynesianism and those who favor no debt at all -- a false dichotomy again.  Even those who favored no debt (supposedly) often wound up supporting a sort of war-Keynesianism which allowed defense expenditures to be almost unlimited (hypocritically, of course).

Oh, David Stockman, where are you now?

Hawking reversal of the Bush tax cuts.

Oh well.

(Bad time for a tax increase IMO.)

Of cause China's rigged, everybody knows.

But U.S. solution will not come from China nor will it make worse still buying U.S. Treasuries

(btw Don't think the Chinese actualy believe in "Sepuku" altough that doesn't always take away the impression that they sometimes do!)

But the former signal of China has been clear: "Something's gotta give!"

And eventually "it will" at some certain point.

[citizenx]

But the former signal of China has been clear: "Something's gotta give!"

And eventually "it will" at some certain point.

Agreed.

[citizenx]

Personally, I'd bet on gold to 1300 before Dow to 11,000.  But I could be wrong.  Strangely, these may not be mutually exclusive propositions now either.

Gold over 1290.  Dow down 21 pts from around 10,755.  First day of fall/autumnal equinox (Wed.)

Dow is still within range (9,700 to 11,200 approx.) within which it has been fluctuating since last Nov.  BTW, median of that range is right around 10,450.  The DOW has fluctuated up and down no more than 7% since mid-Nov. 2009.  Reovery since June 2009?

[TahoeBlue]

Gold over 1290.  Dow down 21 pts from around 10,755.  First day of fall/autumnal equinox (Wed.)

http://blogs.wsj.com/source/2010/09/21/dollar-to-ascend-as-qeii-doesnt/
September 21, 2010, 8:47 AM GMT Dollar to Ascend as QEII Doesn’t
...
What will be key, however, is whether the Fed gives any hint that it is still entertaining the idea of more quantitative easing further down the road. The argument in recent weeks has run that the Fed is keeping its powder dry and could wait until November before deciding if the economic slowdown warrants additional easing   [ After the Mid- Terms ! ] .

http://www.marketwatch.com/story/gold-at-1300oz-may-be-here-sooner-goldman-2010-09-17
Gold at $1,300/oz may be here sooner: Goldman
Quantitative easing, usually defined as a new round of monetary stimulus, "would likely accelerate the move to our 6-month price target and provide upside risk to our forecast," analysts at Goldman said in a note to clients Friday.

http://www.marketwatch.com/story/bnp-paribas-raises-forecast-for-gold-prices-2010-09-22
BNP Paribas raises forecast for gold prices
BNP Paribas on Wednesday raised its forecasts for gold prices for 2010 and 2011, citing the higher probability of quantitative easing in the U.S. and a weaker dollar than previously expected. The bank now expects gold's price to average $1,200 an ounce in 2010 and $1,290 an ounce in 2011

[citizenx]

Dow 10,673 down .62%.

[citizenx]

Dow closed 10,663 down .71%.

[citizenx]

Well, gold pushed through to 1300 before closing back down Fri. 1296$.

The Dow climbed a rather amazing 1.85% to close at 10,860.

Gold wins.

Dow -- close, but no cigar.

[citizenx]

DOW down .44 to 10,812.

Still within a fairly narrow range (give or take 7% from a median figure of 10,400) where it has floated since last October..

The jobs market isn't the only one that doesn't seem to reflect a recovery just yet.

[America2]

DOW down .44 to 10,812.

Still within a fairly narrow range (give or take 7% from a median figure of 10,400) where it has floated since last October..

The jobs market isn't the only one that doesn't seem to reflect a recovery just yet.

Yep, not too far now from that 11K mark...isn't it in Oct when stock market "crashes" happen? We're inching toward Oct too.

[citizenx]

Yeah, I'm not saying it might not go up a tad before plunging, but I think another plunge is fairly inevitable.

[citizenx]

DOW down .44 to 10,812.

And the very next day, back up .42%.

[citizenx]

Don't be surprised if it goes up to 11K going into Oct, and while everyone thinks everything will finally get "gooder and gooder"...

America2,

I just wanted to give you props for this one, as the Dow indeed was pushing 11K this week.  I think they are about to drop the hammer on that soon, though.

Good call.

[America2]

America2,

I just wanted to give you props for this one, as the Dow indeed was pushing 11K this week.  I think they are about to drop the hammer on that soon, though.

Good call.

It went down just a tad bit, but not much today.

11, as we all know, is a number the occult is obsessed with, which is why this is something we should look out for in the coming days, or weeks as its approaching this level.(and as we all know too, stock market "crashes" happen in Oct almost every time) Who knows how long it'll flirt around with the tad-less than 11K level before reaching this level.

Guess we'll see - the Sept jobs report comes out tomorrow. Either it's very bad news, or they'll cook the books big time to make everything a facade of "getting gooder and gooder". We'll all find out soon.

[citizenx]

Well, you are officially correct now about Dow hitting 11K again in Oct.

Not totally surprised, but I wasn't even sure it would do that.

[America2]

Well, you are officially correct now about Dow hitting 11K again in Oct.

Not totally surprised, but I wasn't even sure it would do that.

I was on the road on Fri, and got back home this evening - didn't have much of a chance to look online, but had a brief chance to glimpse at the DOW on Fri night.

Well, at least nothing happened today on 10/10/10(as has been rumored) - it's only a matter of time now before the lever gets pulled...

[Letsbereal]

How End Of Quarter Window Dressing And Fed POMOs Were Used By Primary Dealers To Goose Stocks
10 October 2010, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/how-end-quarter-window-dressing-and-fed-pomos-were-used-primary-dealers-goose-stocks

Excerpt:

So while POMO was used by the PDs for everything but what it was intended to monetize, the same primary dealers who were the benefactors of the Fed's guaranteed UST bid instead used the end of quarter, FRBNY-facilitated window dressing to not only not offload coupons, but to dump everything else, and use the proceeds to buy stocks, thereby explaining both the massive ramp into the end of September, and also the ongoing attempt to flush NYSE shorts, which as of September 15, were still near 2010 records.

[citizenx]

Well, the market is still within the range -- 700 points up and own from approximately a 10,400 median in which it has been fluctuating since mid-Nov. of last year, and it appears to be at a tipping-point as a result of the new bad assets found on the bank's balance sheets and the expectation that the Fed will roll-out more stimulus/quantitative easing to the tune of about 500 billion.  When it does, which I suspect it will do within the next month, we may see a mini-rally, but the market has already anticipated such a move hence it's 12 % climb since the beg. of Sep. -- the last even weeks or so.  So, the larger move afterward could still be down.

[America2]

Closed at 11,114.00 today down .11%

Look at the numerology in it...11's...

The midterms are coming up next week...don't be surprised if they wait until after the midterms when the GOP/Tea Party make massive gains, giving the country a facade of false hope...then pulling the lever under everyone's noses shortly thereafter.

[Rebelitarian]

Anyone who thinks the stock market isn't rigged probably believes wrestling is real too.

[citizenx]

Or elections at this point.

[America2]

Anyone who thinks the stock market isn't rigged probably believes wrestling is real too.

In 2003's "Runaway Jury", John Cusack commented, "Politics, the stock market, and sports are rigged"(para). Of course, that pro-gun/pro-surveillance movie was completely NWO.

[America2]

DOW up .04% at 11,118.00 today...somehow, they managed to keep the 11's and 4(plus that other multiple in there).