Sunday, October 3, 2010

More Evidence Time Is Running Out

To try and convice those that may scoff at my last post, I spent the last couple hours trying to find more evidence that we are in, not heading into, but actually in troubled times.

1.  September has seen a stock rally  especially with the poverty rate a a 15 year high. Could this be just another bubble? Look at the volume as it has been down by about 50%, which would make it easier to be manipulated.

2. Food stamp use hitting a new high each month for the last 18 months

3. Consumer credit down monthly for the last 23 months.

4. Thirty-four states with drop in hosehold income.

5. Now we have Credit Union bailouts.

6. Foreign Central Banks Net Sellers Of US Agency Debt.

7. Now trade wars with China? http://www.reuters.com/article/idUSTRE68L5K120100924
http://www.cnbc.com/id/39342833

Who do you think wins this one since most everything we buy says "Made in China"? 
http://www.telegraph.co.uk/finance/markets/2813630/China-threatens-nuclear-option-of-dollar-sales.html

8. Asia central banks buying up gold.

Any more needed?

Keep your eyes WIDE open and get started.

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