183 Your mission should you accept it is to find out why "183" may affect your life forever. Congress is currently doing a kabuki around it /8ig 3 and will act accordingly if a retest of the 1982 stock market low of 776 becomes activated.

I am shocked that most people believe that any number below the current Dow is irrelevent. It just can't go any lower because we want to believe that and the media stands up talking heads to say "the bottom is in"...BREAKING NEWS...Obama finds whitehouse dog. Secret photo has been revealed on 6sex6.com...

President Elect Obama has already told you that he plans a United States default. Joe the plumber has already told you that Obama will declare a US default. "Capitalism is dead, long live capitalism. Actually a US default is absolutely necessary before "A Spring" is to begin again. During the election the spin was that Obama would tax the rich and spread the wealth to the poor middle class. That was spin because you can not raise taxes in a depression you can only confiscate wealth the bulk of which now is in US debt instruments. Plans are now under way in Europe and Asia to prepare for the US Default. Those in US debt instruments can expect a total loss - 5 cents on the dollar. You will be able to see the United States default play out...Watch the Dow Jones Industrial Average and the price of gold approach each other. The US bankrupcy should occur when the DJIA = 3,500 and GOLD OZ = $3,500

This may be our last blog since we have taken you step by step on what to expect for the economy and your futurescope. Much of what we have said has already transpired and we are told that the final chapter will happen by 2011. Goodbye

Only heavy trading volume will confirm a stock market move. That did not happen with the 936 point rise on Monday. It certainly made a nice billboard and perhaps it will meld the society into a positive participation, but society usually becomes bullish in the later stage of any market move. So the volume would have to come from those with wealth and in the know and they certainly were shy to say the least. One major average did not even meet average daily trading volume today.

Central banks in the past have lent out their gold for a very small percent return to the bullion bankers in the gold market. These bullion banks borrow the gold then sell it into the market and then taking the proceeds to invest in higher return investments. As of a few days ago, central banks have stopped or reduced their gold lending because of the credit crunch that may cause some bullion banks and others to become insolvent with the borrowed gold yet to be returned to the lender. Reduced borrowed gold sales have lessened the supply of gold for sale which may disrupt the gold futures markets and all other gold markets that relied on a constant stream of supply. Furthermore all past gold loans will have to be repaid to the central bank since these loans will not be rolled over. So the bullion banks can't sell borrowed gold (decreasing the supply) and must go into the market to buy gold that will be returned to the lender bank (increasing demand). A gold futures market meltdown is now possible being that there should be an increase in taking delivery at expiration of the futures contract. Whether the gold future exchanges are prepared for such an event remains to be seen, but if they experience a run on gold deliveries the exchange will do whatever it takes to survive. This will end the market simply because gold bars are already in short supply and futures deliveries would soon been increasing already. This problem occured in silver a few years back and it was sight to behold...

If this trend continues, you will lose 90% of your money in stocks and mutual funds. There is only one ray of hope and that is if we get BIG, BIG, BIG, BIG TRADING VOLUMN. For every seller there is a buyer and heavy volumn tells you that large sell trades are finding buyers, at this point the fat cat elite buyers who will laugh at you for selling. We are reading that the fat cat elite buyers are standing in line to buy gold bars and certainly not paper asset stocks. Like we said, watch for heavy volumn for possible salvation. This heavy volumn might occur when your stock has lost 50% of it value, no heavy volumn and then it's down to the gutter.

Ficticious real estate sales and ghost buyers in the sub-prime mess. Once it gets this bad you have to ask yourself, would you like to go down the 2000 tube now or if we emulate the asians go down in flames later. LATER, LATER! China selling killer chemicals to babies and children trumps the derviative fraud. Thank you president Bush...

Unaccepted accounting practices is now accepted accounting to save whatever entity that has been affected by the credit crunch. This marks the end of civilization and of course the blog. Civilized now becomes uncivilized with all its trappings. If there is to be a blog, you make it out of concrete and throw it.

Well the feeding lot gate has been closed as today's news is that gold and silver can not be easily found. One comment was that some back in the woods mint in Pennsylvania may still have some silver for sale. To refresh your memory again, gold and silver in your hand is about the only investment that will prevail in a credit crunch. The invisible hand in a credit crunch goes where it can do the most harm. That is to say capital is in short supply and THEY NEED IT and will take from the largest potential capital pool. It is getting close to the $700 billion bailout vote in Congress which will provide plenty to chew on.