http://activerain.com/blogs/luckyblog 2008-11-20T20:46:05Z don scott (dovnet inc) http://activerain.com/blogsview/800424/183 2008-11-20T20:46:05Z don scott (dovnet inc) 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. http://activerain.com/blogsview/778870/Yes-Michelle-The-Dow-Is-Gonna-Drop-5000-More-Points-To-3500 2008-11-07T12:11:45Z don scott (dovnet inc) 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... http://activerain.com/blogsview/775051/Obama-US-Treasuries-5-Cents-On-The-Dollar 2008-11-05T08:01:50Z don scott (dovnet inc) 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 http://activerain.com/blogsview/749670/Our-Last-Blog 2008-10-20T16:57:51Z don scott (dovnet inc) 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 http://activerain.com/blogsview/738932/Stock-Market-Rally-As-Of-Now-Phony-Baloney 2008-10-13T21:54:01Z don scott (dovnet inc) 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. http://activerain.com/blogsview/728868/Gold-Lease-Rates-Skyrocket-Perhaps-Forcing-Gold-Markets-Meltdown 2008-10-07T22:38:49Z don scott (dovnet inc) 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... http://activerain.com/blogsview/725780/See-See-I-Told-You-Stocks-Continue-to-Follow-The-1929-Great-Depression-Stock-Chart 2008-10-06T11:19:09Z don scott (dovnet inc) 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. http://activerain.com/blogsview/724853/Thank-You-President-Bush-For-The-Wonderful-Years 2008-10-05T18:06:39Z don scott (dovnet inc) 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... http://activerain.com/blogsview/719810/End-Of-Civilization-US-By-Decree-Order-Unaccepted-Accounting-Practices-Operational 2008-10-02T14:13:12Z don scott (dovnet inc) 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. http://activerain.com/blogsview/714381/ActiveRain-Slaughterhouse-Feeding-Lot 2008-09-29T11:20:40Z don scott (dovnet inc) 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. http://activerain.com/blogsview/711005/Second-Time-US-To-Announce-Major-Bailout-On-A-Sunday-In-Time-For-Monday-Asian-Markets 2008-09-26T19:07:50Z don scott (dovnet inc) China and Japan both own one trillon dollars in US Treasuries or half of these debt instruments outstanding. Others including Russia and the gulf oil states own a good amount as well. These purchases are the direct result of a positive trade balance with the United States. During a global slowdown two factors and maybe more will reduce the amount of US Treasuries these countries will purchase and increase the sales already owned to shore up their economic needs for that rainy day. The balance is further complicated by the fact that US Treasuries are priced in dollars the value of which (dollar index) is currently down 36%. It is also true that it would be impossible to dump all these US Treasuries and maintain a stable price. So the important news has never been the bailouts per se, but that they are announced on a Sunday evening. http://activerain.com/blogsview/705139/Proposed-700-Billion-Bailout-In-Congress-A-Rising-Tide-Lifts-Some-Boats-In-Hell 2008-09-23T11:55:22Z don scott (dovnet inc) It would be far better to create a $700 billion dollar venture capital fund used precisely to unfreeze the capital markets. Virtually every dollar would then be used as it was designed and bypasses any possibility of any banks holding back. Consider that the current quagmire to be Dante's 7 ring inferno whereby there are various degrees of distressed assets being held by the banks. As the venture capital fund prevails, then the rising tide will lift some boats. http://activerain.com/blogsview/703156/Hard-To-Believe-That-Anybody-Would-Own-Stocks-Or-Mutual-Funds-Right-Now 2008-09-22T09:22:30Z don scott (dovnet inc) The ongoing de-leveraging process will probably cut in half investment grade P/E Ratios (price/earnings). Back in times when thoughts of blue skies and amber waves of grain in Kansas the P/E ratios were: average stocks 6/1; growth stocks 15 - 20 / 1. These P/E ratios are now trading considerably higher than that meaning that stocks must fall enmasse 50% or more to adjust to the times. Couple that with stock brokerage firms reducing staff and thus less stock honkers. We are in a transitional period going from FantasyLand to Reality while the government is pumping billions into the economy. I was walking down the street one day when a women tried to pick me up. Her sales pitch was that here I was retired and she was offering one last shot... http://activerain.com/blogsview/700586/Bush-700-Billion-Dollar-Bail-Out-Last-Step-Before-US-Defaults 2008-09-20T09:24:59Z don scott (dovnet inc) Prior to the toxic mortgage bailout the US Treasury reported that global capital was insufficient to fund the monthly US debt requirements. Normally these reports bounce around sometimes the account is positive and sometimes it is negative. The outrageous 700 billion dollar mortgage suggests that all indications are that the TIC account will run negative well into the future and the Bush requested increase in the US debt should dispel any doubts. So the road taken leads to default or if the government is lucky, hyperinflation. Actually what we suspect will happen is a short period of this inflation just enough for horrendous gas prices to take hold and Americans will gladly accept a US default. After all we will be sticking it to China and Japan holding trillion dollar US treasury accounts. http://activerain.com/blogsview/699793/The-Majority-Is-With-Senator-Shelby-The-Big-Bail-Out-Plan-Is-Just-Another-Stop-Gap 2008-09-19T17:25:01Z don scott (dovnet inc) Thursday and Friday stock market trading confirms that the majority of investors believe that Senator Shelby is right. The US Treasury and The Federal Reserve are still putting out brushfires and lacking a comprehensive plan. The big, big, big, big volumn occured in gold on Obama's watching... http://activerain.com/blogsview/698726/The-1929-Stock-Market-Great-Depression-Track-Meets-The-Scarecrow 2008-09-19T07:18:23Z don scott (dovnet inc) The heart of the financial crisis is the OTC derivatives meltdown. Senator Harry Reid said "They have no idea what to do." Actions to be taken by the US Treasury and Federal Reserve Board to restore market confidence being touted in the media simply will not work the derivatives experts say . The scarecrow's advanced state of thought is "hey, we have a bigger problem here". Our advice is to follow the 1929 great depression stock market chart and act while there is a momentary market for stocks. The OTC derivatives have no market and can not be priced and this has now infected Wall Street. Thursday's rise of 410 points in the Dow did so on average volume. If and when you see big, big, big, big volume on the upside then you know buyers and sellers have finally found a market. Until then, take this opportunity to adjust your finances. http://activerain.com/blogsview/696406/Stock-Market-Confirms-1929-The-Great-Depression-Track 2008-09-17T19:28:26Z don scott (dovnet inc) The stock market is following the 1929 chart. This move will take the market down to almost nothingness. Yes, that's right , maybe you will have 5% of your investments left. It is a market of stocks so some things should respond well, however I think they initially followed the trend before asserting themselves. We should be able to advise you if and when this track is broken and the "risk to reward factor" will be in your favor. So stay tuned to our lifeline blogs. As of today, our analysis is that investors are mostly frozen with no action being taken. So the trend SHOULD continue down in CRASH MODE... http://activerain.com/blogsview/695218/Paper-Money-It-Go-Poof 2008-09-17T07:44:03Z don scott (dovnet inc) We want the alien back! Sorry...Maryland Man Row - Row, Row, Row Your Boat...ActiveRain - Row, Row, Row Your Boat...See what I mean...The 85 billion dollar US government bailout of AIG that was suppose to cover things for two years is expected to "last only 15 minutes" was a comment made on a financial tv network. We have made ActiveRain privey to this joke in our last blog, 10 to the 15th power derivatives run amok As a matter of fact, we are probably monitored by the media on ActiveRain so that joke may have started here first...Maryland Man Row - Row, Row, Row Your Boat...Joe Dimaggio - Row, Row, Row Your Boat...Plans are under way by some countries and organized states to initiate a new gold backed currency that will become a necessity in real estate mortgages when unbacked paper money just go poof... http://activerain.com/blogsview/694851/Hug-Your-Kids-And-Prepare-For-The-Worst 2008-09-16T22:54:54Z don scott (dovnet inc) As of Monday September 15 there has been a global financial collapse. Unless you are an immediate direct party to the triggering of the OTC derivative contracts you will just have to wait. The size of money in question demanding performance is 10 to the 15th power. The estimated total global wealth is 400 trillion dollars, a trillion being 10 to the 12th power. http://activerain.com/blogsview/693492/Since-The-Last-Depression-Well-The-1929-Stock-Market-Chart 2008-09-16T07:49:49Z don scott (dovnet inc) The sub-prime credit crunch began in August of 2007 sending the stock market down sharply. Then there was a reversal and the stock market recovered somewhat due to hopes of the actions taken by the government. Well it appears that is not the case as the stock market plummets by falling the most since the 2001 terrorist attack and the tech bubble bursting. People are now comparing current events to the last depression so what does the 1929 stock market chart say will happen now. The 1929 chart says that the stock market will NOW crash...We have just read that there is great concern Goldman Sachs may go under caused by a proliferation of failing banks. Henery Paulson, the current Secretary Of The Treasury came from Goldman Sachs. The Federal Reserve Board is meeting today and they may go against their last statements by again lowering interest rates. Reports are that gold and silver that "you hold in your hand" are hard to find. Better find it as that is the ONLY place to be... http://activerain.com/blogsview/691311/Large-Investment-Bank-Lehman-Bros-Full-Moon 2008-09-14T21:57:34Z don scott (dovnet inc) Henry Hudson sailed up the now Hudson River in the Half Moon...Lehman Bros said to be filing for bankruptcy as we write...more later http://activerain.com/blogsview/689799/The-US-As-A-Failed-State-Is-Beginning-To-Unfold 2008-09-13T19:46:31Z don scott (dovnet inc) Ball One - Timing of Russia beginning to assert itself. The US pushed Russia into a collapse so one would expect a returned favor by orchestrating a US default. Their weapon is twofold, timing and then just blow...Ball two - The risk factor for US treasuries has been elevated by the financial market. Ball Three - What would be the first thing you would see if a failed state were soon to be declared. I don't know or I didn't know, but I know now. Yes of course, Americans with wealth and seeking to preserve that wealth would leave the country. Well congress just placed an impediment for Americans to do that... Pop Goes The Weasel http://activerain.com/blogsview/686805/Hurricane-IKE-Has-Become-POLTERGUSTAV 2008-09-11T20:25:42Z don scott (dovnet inc) In our last episode we suggested that as Gustav left Cuba on its way to the gulf the US Airforce seeded the hurricane to tame it. We have seen the consquences before by playing with Mother Nature. One hurricane that they messed with probably caused the altered atmospherics to produce major storm all the way in Japan. Ike was just a normal little hurricane until it ran smack into Poltergustav and in no time it trippled in size now bigger than Katrina. Poltergiest are said to be caused by static electricity, electromagnetic fields, ultra-, and infrasound and/or ionized air. Remember President Bush stayed in the White House to oversee FEMA and probably gave the order to alter Gustav to save the offshore oil rigs. Now it looks like its on its way to the US largest oil refinery in houston. Spot gasoline jumped one dollar a gallon and the Baytown refinery hasn't even been hit yet. The reported double concentric eye again probably confirms ike meeting the Gustvageist...Oh! the Active rain "Say What?" solar cycle ice age is now major news and ike and the earthquakes will only swell the legend... http://activerain.com/blogsview/677102/Its-Thursday-MorningFDIC-Bank-Seizures-Occur-On-Friday-Evening-Its-Silver-State-Bank-Of-Nevada 2008-09-06T00:06:27Z don scott (dovnet inc) It's Thursday Morning...FDIC Bank Seizures Occur On Friday Evening ...Oh Thursday morning, Thursday morning couldn't guarantee...That Friday evening the FDIC would not be here with my money and me...Every other day, every other day...Every other day of the week is fine, yeah But whenever Thursday comes, but whenever Thursday comes You can find me cryin' all of the time... Should I stay or should I go? If you say that your bank is fine, I'll be here til the end of time...So you got to let me know Should I stay or should I go?...I call this my dangling modifier: Off My Rocker - Somewhere between july 2007 and february 2008 the united states economic developments became a national security issue. It was at that point that government ethics was morphed into actual economic psychological warfare...Wall Street and investors awaited key government readings ...initially the media just laughed, but no more...Unemployment reported to be 6.1 % (this figure was halved by adjustments). The unemployment rate at the height of the Great Depression was 23.6% in 1932. We suspect that unemployment will reach over 30% in the Greater Depression...We have predicted that the United States will fail, but have never said what will occur at that time. The common stock of the US is the dollar and its bonds are US Treasuries. The US will be a failed state when the US dollar index which was 120 in 2000 plummets to 52 (currently at 77) and US Treasury long bond interest rates exceed 22%...the depth of Americas despair will be when the price of an ounce of gold trades 1:1 with the dow industrials. This has happened twice before with RECOVERY THEREAFTER...No recovery this time, but the break up of the union of states. Everybody is in treasuries at 4% or less which means that your SAFE HAVEN bond will be discounted by 80% at 22% interest rate and the money you receive will then be worth less than half...Step right folks and enter the tent and see the fat lady for a dime. That's just 1/10 of a dollar http://activerain.com/blogsview/673667/Financial-Markets-Blow-Up-Credit-Card-Debt-This-Past-Week 2008-09-03T22:32:00Z don scott (dovnet inc) Consumers account for 2/3 of the economy and within the last week financial markets now expect a further up-tick in credit card delinquencies. This action will greatly affect real estate deals with adverse actions taken by banks intensifing credit card standards and or credit lines being withdrawn. We all know or assume that Washington will paint a false picture that things are improving and happy days are here again a song they sang during the last great depression. Those that will be retiring in the next few years must get it right in their financial portfolio as there will not be a second chance. We thought that stuffing cash in a mattress was a joke, but it does best define what most investors will not think about. If there is agent between you and your investments you stand to lose all. Bankers, Stockbrokers, are well lets just say that on a Friday just before Labor Day when nobody was listening the UK secretary of the treasury (chancellor of the exchecker) said current times are the worst in 60 years. Its very hard to find gold, real gold that goes in your hand because gold futures traders are pre-election wipsawing coin dealers. They say that prices for gold on ebay are much higher than market quotes which confirms the dirty tricks being played in the marketplace.