Crisis Diary as it unfolds ….

20-Feb-09: Crisis watch

Crisis watch as of 20-Feb-09.

S&P 500 : 769.50

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VIX : 49.30

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TED Spread : 97.99

tedsp

GOLD : 1002$/toz.

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Oil : apprx 40$/bbl

oil

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February 22, 2009 Posted by | Crisis Snapshot | , , , , , , | Leave a comment

Gold

Shining metals are shining like never before – however old let it be, it is still Gold.

The recent rally in Gold is two thumbs down by owner’s of the wealth to the ponzi scheme fraudsters called central bankers, who print pieces of paper called currency notes and tell you to pretend that it is substitute for your wealth.

For there will be blood and chaos – perhaps all of 2009, perhaps more. And when this ends, a new world order will emerge. But first, we need to weather this storm.

People thought that history will treat George Bush as someone who brought US to her new lows. Now it appears that history will remember Mr. Bush as someone who drilled such big a hole in the titanic of US that it was just a matter of time before it eventually sank.

February 20, 2009 Posted by | Opinions | , , , | Leave a comment