Articles Of Yesteryear

[ThorAss]

Here's one from Dec 31st,1997 which includes an E-wave prediction on Gold.

 

THE TENORIO RESEARCH

 

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Since the current consensus is for continuing disinflation or even true deflation, any concerted government or market attempts to reverse fortune would be seen as bullish not only for stocks but also for commodities and wholesale prices as in the run-up after 1932 and 1942. Thus the chart of gold on page one (complete report) could play out with a final wave E of ABCDE from September 1980 completing early this year [1998, $262], or having that leg re-lettered as wave "a" of C with B running from 1985 to 1996 . In this alternative count, wave "b" of C would start soon and run up for one or more years before the final decline into 2003-2004 begins.

 

I like this one from the summer of 1998. How wrong can ya be?

 

REPLAYING 1929

 

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Short Term Targets Announced: You can look at this week's chart and see where this market will likely head. The typical start of a serious Bear Market (like the one which followed the Crash of '29) begins with an approximate 15% decline from the top. Therefore, we feel pretty confident that the initial downside target from a high of 9363 should be about 7960 - pretty much non-stop from a long-term perspective. We estimate the time horizon for this decline to be a month or two. Of course, the initial drop might be less - only about 12-13% on a weekly basis. Correlating the current market with the 1929 scenario, we see a DOW at 8315 soon. How soon? Well, if the market had closed Friday (7/24) very close to 8890, the chart would predict only three weeks. With the market closing Friday (7/24) at 9007, it would have meant four weeks. However, since it was between these two points, I would still opt for the longer target, simply because this Bull is taking a little longer than its predecessors.

 

(That guy musta got killed.)

 

Here's one for HyperTiger:

 

The Death of Rational Knowledge

 

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"Whenever a new loan is given, new money is created, the result is offsetting paper entries on a banks financial statement. Both deposits and loans increase by equal amounts. Similarly, money is destroyed whenever loans are repaid. Deposits and loans decreasing by an equal amount. In theory, there is no limit to the amount of money that can be created or destroyed. When money is allowed to be created through the banking system, it has various significant consequences. It must be recognized that deposits and loans only represent bookkeeping entries. As such, when a bank charges interest on a new loan, it is receiving income on a bookkeeping entry that it created out of nothing. Thus over time, it oversees the transfer of wealth to the bankers of the world. Of special significance, are bank loans to the governments. Money is whatever governments define it to be, and when governments desire to spend more than they receive, the shortfall could be covered by printing notes or by borrowing from the banks. Both methods involve creating money out of nothing. However, borrowing money through the banks makes the governments dependant on the bankers while over time transferring wealth from the taxpayers to the bankers to pay the interest on these loans that were created out of nothing. Today, this interest represents a large percentage of all taxes collected, with most tax departments now representing a collection agency for world bankers. In this regard, it must be noted that while we can use mathematics and logical reasoning to show the errors of Keynesian economic theory, it is Keynesian theory that provided the theoretical and moral justification for the massive increase in government debts this century. This has allowed bankers to exert significant influence over governments, while transferring trillions of dollars from taxpayers to bankers to pay the interest on these loans. Has all of this happened because of an innocent error? Or was a false theory deliberately created to bring about the ends that we now see?"

 

For Gold Math Freaks from 1998 and why you should buy low priced stocks in a bull market.

 

RANGY and Square Root Volatility

 

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"To illustrate the point we compared the recent low RANGY price with the approximate prices Crystallex International, Barrick Gold and Microsoft. The expected percent change per the SRV theory ranges from only 21% (Microsoft) to 300% (Randgold).

 

The price gains indicated above, can be reasonably expected during a bull market. Please bear in mind that Microsoft is now at an all-time high, whereas Randgold is down more than 80% from its 52 week high."

 

How about this one:

 

"

***THE SHOCK!: War In KOREA???!!!***

 

J. Adams

 

May 5th, 1997

 

There is reason to believe that the Cold War "of old" between the communism of the East and Capitalism of the West is going to unexpectedly erupt into a Hot War of global destruction.

 

 

From where might this explosion ignite?

 

I'm admittedly unsure on this point, but one possibility on top of the threat of a global war starting in the Middle East is war starting in the Far East- i.e., on the divided Korean Peninsula where the final battle line between Communism and Capitalism, East and West, is believed to be drawn between Communist North Korea and Capitalist South Korea. Furthermore, this has become a symbolic focal point of the division between the haves and the have-nots, the rich and the poor, the well-fed and the hungry.

 

As I have mentioned before, there is reason to believe Moscow would want Korea ignited prior to or at the time of having a war unleashed in the Middle East since this will divert a sizable portion of U.S. military might into the Far East so that Washington will be unable to quell any military disturbances in the Middle-East.

 

Furthermore, given Moscow's recent "public" befriending of China with the recent agreement signed between Moscow and Beijing, it appears the stage has been set for application of the "One Clenched Fist" strategy in which the deceptive split between Russia and China (see the work of Anatoliy Golitsyn) would end so that the two powers could come together for a sudden, overwhelming military onslaught against the West at the appropriate time. This time appear now to be at hand.

 

Accordingly, war between East and West might now erupt and a potential trigger-point for this is the Korean Peninsula where North Korea is putting finishing touches on its preparations for an attack. First off, with the recent strategic, misleading defection of the top North Korean official, Hwang Jang-Yop, North Korea has infused alarming, seemingly credible intelligence (i.e., possible strategic disinformation) to South Korea that has created uncertainty in South Korea, Japan and the U.S. about the military capabilities of North Korea - particularly in terms of striking South Korea and Japan with nuclear and chemical weapons. In this way, Japan and other regional U.S. allies may be hesitant and/or unwilling to help the U.S. in repulsing a North Korean overrun of South Korea, and the U.S. may be hesitant or unwilling to use tactical nuclear weapons in response to a successful North Korean invasion. Secondly, in recent weeks, U.S. satellites have noted that black-outs are spreading across North Korea seemingly because of low fuel supplies for generating electricity. However, this is also a useful cover for the black-out of the North Korean countryside that will likely be necessary at the time the North executes its invasion plans."

 

Okay sorry that was blatantly political but it's just history.

 

Another PaperTiger

 

Snippet:

 

The Root of the Problem: A Banking System That Requires The Issuance of Debt In Order To Function

[stormydaze]

As if the present and future aren't dismal enough you have to go and dredge up the past. The bigger question is "Where the hell is gold going" from here?

 

Regards

[ThorAss]

Hmmm. ... the future is a dark and uncertain place.

[Guest]

"Always in motion is the future." -- Yoda

 

 

Regards,

Vesselin

[Guest sigmoidoscope]

"Never let the future disturb you. You will meet it, if you have to,

with the same weapons of reason which today arm you against the present."

 

-Marcus Aurelius

 

 

"Look not mournfully into the past. It comes not back again. Wisely improve the present. It is thine. Go forth to meet the shadowy future, without fear."

 

-Henry Wadsworth Longfellow

[DogBoy]

Gold is going to $410 within weeks. Bank on it.

 

The BEAR market in Gold is OVER. It's a BULL market. It's winding up for a huge move that will decimate ALL SHORTS.

 

That's how Bull markets work. They periodically build up the confidence of shorts to a huge level and than SCREW 'EM INTO the ground so far they can't even move.

 

Which is just the inverse of what Bear markets do.

 

Those talking down Gold are only fulfilling a primary requirement of all Bull markets --- negative psychology.

 

It's pure nonsense. Anyone who reads the Stool should understand that at ONCE.

 

It bounced right off the predicted suport level (Adan Hamilton: $325).

 

This is the OPPORTUNITY OF A LIFETIME to buy gold.

 

Great time to predict $200 Gold.

 

Just when it's headed toward $500.

 

The US is about to turn an entire Arab country into a Greater West Bank with 1000's of suicides bombers.

 

With all due respect, have you seen a psychiatrist lately ?

 

Or better yet visit your Priest or Rabbi for a reality check ?

[ThorAss]

Gold is going to $410 within weeks. Bank on it.

 

The BEAR market in Gold is OVER. It's a BULL market. It's winding up for a huge move that will decimate ALL SHORTS.

 

That's how Bull markets work. They periodically build up the confidence of shorts to a huge level and than SCREW 'EM INTO the ground so far they can't even move.

 

Which is just the inverse of what Bear markets do.

 

Those talking down Gold are only fulfilling a primary requirement of all Bull markets --- negative psychology.

 

It's pure nonsense. Anyone who reads the Stool should understand that at ONCE.

 

It bounced right off the predicted suport level (Adan Hamilton: $325).

 

This is the OPPORTUNITY OF A LIFETIME to buy gold.

 

Great time to predict $200 Gold.

 

Just when it's headed toward $500.

 

The US is about to turn an entire Arab country into a Greater West Bank with 1000's of suicides bombers.

 

With all due respect, have you seen a psychiatrist lately ?

 

Or better yet visit your Priest or Rabbi for a reality check ?

"With all due respect, have you seen a psychiatrist lately ?

 

Or better yet visit your Priest or Rabbi for a reality check ?"

 

To whom is this addressed? Not paranoid, just curious!!!

[DogBoy]

"To whom is this addressed? Not paranoid, just curious!!!"

 

Anyone who seriously thinks that Gold is going to $200/oz.

[ThorAss]

How can you say that NOT going to $... No I can't write it. Infidel, Blastfemur, Unbeliever! It's in the charts. It's in the count. $200 first, then $2000!

 

Yours respectfully,

 

etc. etc.

[DogBoy]

Sorry I didn't mean it personally. I was just using a figure of speech.

 

But I do owe my heart felt thanks to all those who still doubt Gold's advance --- they're providing the essential element in any REAL Bullz market, a negative psychology.

 

Me, I'll just hold my Gold contracts looking forward to an early retirement in Tahiti. Gorgeous island babes giving daily massages, cool tropical drinks, great beaches, ya know.

 

 

As for the wave count in Gold I don't know much about it and frankly Charlotte, don't give a damn.

 

The newspapers tell me everything I need to know about Gold. It's bullish as far as the eye can see.

[Guest]

Gold is going to $410 within weeks. Bank on it.

Could you be a tad more precise, please? Like - how many weeks approximately? 'Coz for most people it matters whether gold is going to $410 within 2 weeks or within 200 weeks, ya know? :wink2:

 

That's how Bull markets work.  They periodically build up the confidence of shorts to a huge level and than SCREW 'EM INTO the ground so far they can't even move.

 

Bull markets, like everything else, come to an end. It's too early to tell whether the bull market in gold has ended or not - but we're getting damn close. Below $306 and I am out completely (if not even before).

 

It bounced right off the predicted suport level (Adan Hamilton: $325).

 

That was an obvious support level and the shares were Dover Sole enough, so the bounce is certainly not a surprise. Whether it will hold and how much higher it will go, is the big question. I think that we'll make a lower high. As always, time will tell.

 

This is the OPPORTUNITY OF A LIFETIME to buy gold.

 

Let's not get carried away, please. There will always be opportunities to buy or sell.

 

Great time to predict $200 Gold.

 

Just when it's headed toward $500.

 

Ahem. I vaguely remember somebody predicting $4,000 about a year ago. :wink2:

 

I'll go out on a limb and say that we won't see $500 this year. In fact, we most likely won't see $400 this year, either - but I'm not confident enough to bet on it.

 

With all due respect, have you seen a psychiatrist lately ?

 

Or better yet visit your Priest or Rabbi for a reality check ?

 

I've seen a lot of charts. They tell me all I need to know about the markets, thank you.

 

Regards,

Vesselin