 Bataan
Death March Tickertape
[Bataan
Death March]
Jim Willie
CB
Jim Willie CB is the editor of the "Hat Trick
Letter"
Oct 9, 2008
Use this
link to subscribe to the paid research reports, which include
coverage of several smallcap companies positioned to rise during
the ongoing panicky attempt to sustain an unsustainable system
burdened by numerous imbalances aggravated by global village
forces. An historically unprecedented mess has been created by
compromised central bankers and inept economic advisors, whose
interference has irreversibly altered and damaged the world financial
system, urgently pushed after the removed anchor of money to
gold. Analysis features Gold, Crude Oil, USDollar, Treasury bonds,
and inter-market dynamics with the US Economy and US Federal
Reserve monetary policy.
Pardon the jumpy style, not
burdened by depth, preferring breadth instead. The events of
the last few days continue to be remarkable, alarming, chaotic,
surreal, and desperate. The globe is slowly realizing that the
United States is careening toward a probable financial death
experience. Nothing has worked to date, and nothing will work
in the present, not bailouts, not liquidations, not nationalizations,
not papered over fraud, and surely rate cuts. The stark reality
contains a blur of a massive locomotive derailed, having run
over the mountain ledge, heading downward in a freefall, subjected
to the force of gravity, and ripping through a gigantic erected
paper net designed to halt its crash. CLOWNS IN CHARGE DO NOT
REALIZE THE SYSTEM IS FLAWED AND BROKEN, AS EFFORTS TO REDOUBLE
THE DEVICES ARE ALL DRAWN FROM THE SAME DEFECTIVE TOOLBAG. MAJOR
BANK FAILURES, BANKRUPTCIES OF MAJOR FINANCIAL FIRMS (LIKE INSURANCE),
AND INDIVIDUAL MARKET DEFAULTS COME VERY SOON. Incredible
events are occurring behind the scenes, the details of which
would shock most people, even those who deal with the underworld.
Recall Wall Street propaganda this summer? That the US will be
first to emerge from the carnage? Such lunatic promotional nonsense
should be recalled when it becomes clear that the Untied States
cannot emerge from its broken condition. The game is
over, and only the enlightened realize it! What lies ahead is
the tragedy of distintegration!!! That includes the nation and
its very governmental structure.
GLOBAL RATE CUT:
The USFed turned down a chance to cut a couple weeks ago, thinking
it would look weak. Now they look desperate. Surely, to defend
the USDollar, they wanted coordinated rate cuts, but gold will
respond the most. The Dow futures were down 280 points before
the coordinated interest rate cut was announced on Wednesday.
The USFed, Bank of Canada, Bank of England, Euro Central Bank,
Swiss National Bank, and Sveriges Riksbank (Sweden) all announced
an official interest rate cut. Yesterday, the Reserve Bank of
Australia cut by a full 100 basis points. Hong Kong is considering
its own cut also. When the New York City fraudulent rigged bazaar
known as the stock market opened, the Dow was suddenly down 220
points, then rallied to plus 180 points, and seemed like it could
not do anything but head down, closing down 189 points. What
a loud repudiation of a fleeting solution! The rate cut might
have some impact on mortgage loans, almost nothing more. The
S&P500 index lies below its 200-week moving average, the
ultra-longterm series, which was penetrated on the downside last
June, the first time in 26 years. Talk about a bear signal!!!
On any day in the past twenty years, a 50 basis point rate cut
would enable a complete turnaround in the stock market for months
on end. What a shock. Banks are insolvent, distrust each other,
as the economies are sliding into a quagmire! A great quote came
from sage Rick Santelli from CNBC, who said "The Fed
rate cut is like shooting arrows at an enemy that is 20 miles
away." He can speak freely only half the time.
GOLD DEFAULT DEAD
AHEAD:
The COMEX and London Metal Exchange are living on borrowed time
in their corrupt gold game. They sell paper gold, and precious
little actual gold metal. See a refreshing straightforward interview
aired on CNBC of all places (click here).
It is by Jurg Kiener, CEO of Swiss Asia Capital. He points out
the dual market for gold, one paper and one metal. He expects
soon the US 'gambling price' gold market in COMEX and LME to
default. By that he means a return suddenly to physical price
determination. He is quoted to say THE GOLD PRICE WOULD DOUBLE
VERY QUICKLY, LIKE IN DAYS AFTER THE EXPECTED METAL DEFAULT.
One should expect the interview to be lifted and removed from
their website within days, after they realize the explosive nature
of his words.
THE FAVORABLE DISCONNECT:
In August, my analysis pointed out that a disconnect was necessary
for the gold price to rise independently of the USDollar. Gold
is no longer just an anti-US$ trade, but rather a trade on global
monetary inflation. With today's virtual global rate cut,
one can herald the transition as complete. Notice how since
mid-September, the gold price has risen with the USDollar DX
index, shown in the big green ellipse. Liquidations and monetizations
will go hand in hand, once properly understood. Gold has begun
to respond to anticipated extreme new US$ money supply growth
and supply needs.
USDOLLAR RALLY AS
SIGNAL OF DEATH:
Few seem to comprehend that the USDollar is rallying recently
as a result of the imminent death of itself and the USTreasury
Bond. A vast liquidation is underway of speculative trades, and
of US bank assets. For years many analysts properly understood
that the USEconomy is debt dependent. Now credit is drying up,
and being denied even to good credit risk customers. The USEconomy
is falling off the cliff, and evidence mounts. See car sales
in September, down almost 30% by Toyota, down 34% by Ford. Layoffs
by the tens of thousands are next, right down the vertically
integrated car industry layers. As the USEconomy and US bank
system continues in death spiral, the USDollar rallies, during
unspeakable ruin to US fundamentals. Recall that the tide
went out along the shores in Indonesia and Thailand right before
the great tsunami hit almost three years ago. Ditto here! The
banking crisis and extreme distress that remains stubbornly unfixable
in the Untied States urgently motivates foreigners to quickly
assemble, implement, and announce a replacement world currency
basket. Watch for a euro currency split soon, where Nordic version
will compete viciously against the dead USDollar.
HUGE RISK OF LOSING
WORLD RESERVE CURRENCY:
As preface, the world banking structure rests atop a world currency
foundation denominated in USDollars, with USTreasury Bonds and
USAgency Mortgage Bonds serving the primary role as financial
instruments. These toxic building blocks are all really bad lego
blocks. Foreigners must respond very soon, to replace the
US$ as global reserve currency, or else risk a similar implosion
to their banking systems. Many USAgency Bonds have been replaced
by USTBonds, not much of an upgrade. If the USTreasurys soon
suffer in the heart attack seizures underway, foreign economies
will be at risk of serious deterioration. So foreigners are working
toward a solution. One might be announced soon, with a new
world reserve basket announced, based upon the Euro, Russian
ruble, Japanese yen, and newly crowned Gulf dinar. The common
theme is these are all currencies from nations boasting export
surplus. They are taking action, but behind the scenes, like
in Berlin. The consequence to the USEconomy is dire. The beleaguered
nation would be forced to attract foreign capital, and bid up
foreign currencies in order to purchase crude oil. The word inflation
would soon be replaced in the press networks with the word "hyper-inflation"
as the Untied States enters the Third World overnight. It seems
that the vast majority will be caught blindsided. Not the Hat
Trick Letter!
THREATENED FRANCHISE
OF CENTRAL BANKS:
The other big powerful underlying failure in progress is of the
central bank concept, and its many franchises. They essentially
install central planning, Soviet Politburo style, complete with
failure. The central bankers around the globe must be panicking
over their common failure. They have one thing in common,
overarching above trade surpluses or deficits. That common trait
is they all manage debt from a fiat currency, and extend credit
to inflate. They acted in coordinated style today for the first
time in their history. Call it a panic! Central bankers are all
scared witless.
MURDER AS AN OPTION:
In the last month, numerous emergency weekend meetings took place
with work toward bailouts, mergers, recapitalization, slush fund
grants, and government action. The deadlines struck me as odd,
that they must resolve before Sunday night when Japanese markets
opened. Why? Without any doubt, the Bank For Intl Settlements
ordered the corrupt American $Trillion Conmen to clean up their
banks, let some fail, merge others, and agree to bailouts using
government money, just get it done! Without any doubt, creditors
have been pulling the lines to Wall Street firms. The grapevine
has provided some new juicy information. What option do defrauded
banks, big financial firms, and big hedge fund firms have when
they are victims of mega-fraud, when US regulatory bodies are
in the Wall Street hip pocket, and when US law enforcement is
more interested in sex charges for prosecutors than actual enforcement
of laws on the books against fraud? THEY MIGHT THREATEN MURDER
OF KEY EXECUTIVES BEHIND FRAUD IF NO MEANINGFUL RESTITUTION.
That is what! The list of objects for murder threats might easily
include a dozen Wall Street CEOs, CFOs, and their salesmen UFOs.
Threats might even come from Sovereign Wealth Fund managers.
One name cited was the Blackstone CEO, extended from Chinese
losses. Be sure to know that any sudden death would be called
a heart attack. You know? The type of heart attack that occurs
after a bullet enters the cranium. Few tears would flow.
THE BIG LIE ON THE
WALL STREET BAILOUT:
The historic $700 billion Congressional bailout bill had some
key added provisions over the failed House bill. The new funds
can buy back bonds owned by foreign investors, like those defrauded
in Europe and Asia. The American public was told that the US
banking system would have blockage unclogged. BS! It was a congame
again, after foreign investors demanded restitution immediately,
or else! The US banks will remain clogged. When almost nothing
is fixed concerning US internal bank distrust due to toxin floating
around, people will eventually realize the US public just paid
for Wall Street fraud of foreign financial firms. It might
be even worse. Foreign firms can possibly package any kind of
rubbish, toxin, or acid into a bond for US swap. No end to the
fraud. Oh, lest one forget, the $700 billion is only 15% to 20%
of what might ultimately be needed. The overall tally will be
much larger, for total bailouts, nationalizations, FDIC refills,
tax stimulus, and ongoing programs to rework mortgages. The people
have been ignored so far.
EFFECT OF ABSENT SHORT-TERM
CREDIT:
Few seem yet to comprehend the depth of the risk to the USEconomy
if short-term credit continues its vanishing act. Most realize
when the US banks are insolvent and lend less, the USEconomy
is assured a recession. They do not comprehend that when short-term
credit is denied, the USEconomy disintegrates. Imagine a
man whose bones are turned into mush, trying to walk. That is
the economy with insolvent banks. The man becomes a body without
a heart and blood circulation when short-term credit is absent.
The commercial side requires it for supply of food, gasoline,
housewares, hardware, building materials, and more. Imagine riots
for toilet paper, let alone gasoline and food! The financial
side requires it for supply of ATM cash, credit card usage, and
even payroll income. A heart attack is not a proper analogy.
More like a science fiction movie where the victim is vaporized,
or is burned suddenly into a heap of plasma.
FUTILITY OF SOLUTIONS:
Few pundits, analysts, Wall Street observers, and banking officials
seem to comprehend that solutions are almost all flawed. Where
is the motive to generate jobs for legitimate income, like infrastructure
development or reversal of Asian job exodus? Where is
the connection between Asian investment since 2001, job creation
there, and a delayed reaction of the complete destruction of
US banks and more? Are they all stupid? Maybe not, but surely
compromised, indoctrinated, and committed to a system whose foundation
is built on shifting sands. Call it a corporate executive sellout
of America. The solutions fail because they are all debt based,
like with new USTreasury Bonds to finance bailouts, like with
USTBonds in swaps to banks for cratered mortgage bonds, like
with USTBonds to finance household stimulus packages, and with
monetization to print money to finance whatever the idiots leave
on the table on USTBond sales. The problems from debt
collapse due to debt-related ills inside banks cannot be solved
by more debt instruments, plain and simple. The solutions
must, if they are legitimate, involve new income sources, like
manufacturing returned to the US soil, like a national grand
initiative for infrastructure betterment, like better agriculture
management of ethanol solutions, like broader export successfully
landing abroad from US firms. The dumbstruck fools running US
bank policy are forced to resort to their own failed toolbag.
How effective will lower interest rates be, if only another
attraction to a debt device? Not much! And the failure to revive
and resuscitate will shock the system very soon.
HEART ATTACK SYMPTOMS
& CAUSES:
To be sure, the LIBOR rates are not responding to supposed solutions,
the TED (Treasury EuroDollar) spread remains wide, and the short-term
USTreasury Bill yield hovers near zero. These are the symptoms
of heart attack. Behind the bank lending constrictions, clogs,
and refusals is lost faith, lost trust in borrowers, lost credible
value in borrower collateral. The day will come soon when banks
will be paid a yield to hold money outside the system, as in
financial firms and corporate entities will actually pay the
biggest banks and the USFed itself to hold money. See negative
yield, which occurred for a brief spell in Japan a few years
ago. The ultimate cause of the heart attack symptoms is the
split in usury cost, never discussed. The root cause is that
JPMorgan continues to push the cost of money down, using its
strongarm futures contract devices, complete with more than a
small amount of counterfeit additives bought in dark basement
chambers. Such a low rate results in revolt among bankers,
who refuse to lend at such an absurd rate in today's risky environment.
So the LIBOR spread widens, even the overnight rate. See the
TED Spread here. Looks like a heart attack on an EKG chart?
Yep!
ACCELERATION OF EVENTS:
Each week contains its disaster. Each week has included its own
deadline timetable to reach agreement on resolution of this or
that. Each week is replete with new signals of contagion or breakdown.
Recall USFed Chairman Bernanke, the smartest idiot on the planet,
who claimed a year ago that no contagion would result from the
spark of the subprime mortgage lit fuse. Expect such braindead
calls from a university professor, burdened by the limitations
of his credentials. Absolute contagion occurred instead, in total
defiance to his orthodox heresy. Yesterday the big news saw the
United Kingdom nationalize almost their entire banking system
with $50 billion, including the venerable Lloyds TSB. Regard
these moves as firm evidence of the death of the AngloSphere.
Today's big news is that Iceland collapsed, rescued in part so
far by $4.5 billion from Russia, not Europe. As time passes,
the financial structures weaken further, certain to break in
central connective tissue, as well as in extended sections. My
analogy of the giant locomotive train hurtling down over the
mountainside ledge fits here. Apply gravity as the acceleration
force, and inertia to administer pain. A bright friend, not the
least bit in the dark on current events, claimed that stupid
American officials believe the runaway locomotive can actually
fly.
ENTIRE US BANK SYSTEM
JUST FAILED:
It is almost totally now nationalized after failure, seemingly
without recognition. If the USFed has swapped a mountain of impaired
asset backed bonds from crippled US banks, and has taken over
AIG obligations, while the Fannie Mae & Freddie Mac acidic
office park has been placed under the USGovt aegis, and while
the USGovt has bailed out the Wall Street gigantic stream of
fraudulent bond sales, then the great majority of the US financial
system has been nationalized after failure. This week, after
acquiescing to acceptance of various types of bank assets including
preferred stock, the USFed announced that it will accept all
asset backed commercial paper (ABCP) in swaps. What remains
untouched of the US financial system? Credit unions and corporate
subsidiaries? A good slice of corporate finance arms can be managed
with the ABCP inclusion. Not much remains. Oh, by the way, the
AIG risk assumption will turn into a Giant Black Hole. They borrowed
$85 billion three weeks ago. Now they have won approval by the
clueless US Congress for $38 billion more. My forecast is
for AIG to ultimately cost $1 trillion in loans and other bailout
largesse, as credit default swaps will hit like a mushroom cloud.
Much criticism has come already for this elite club of vipers,
as the company spent $440k on a California conference at a beachside
resort less than a week after it was rescued. Also, the Fannie
& Freddie credit derivatives might easily cost close to another
$1 trillion, including mortgage portfolio losses upcoming. To
say the USGovt has made a bad investment with the US financial
system is the under-statement of the millennium. To say it will
turn a profit on anything it touches is cause for a deep belly
laugh and thigh slap. Just a sales pitch by conmen!
FLIMSY VIEWPOINTS
ON SITUATION:
At the Toronto Gold Show, a few conversations involved me with
smart people who seemed to have a shallow comprehension of the
current situation. One from a well connected organization told
me that the entire US bank system will be taken over, with all
underwater firms simply given a blank check to render them
solvent, in a simple but costly procedure. My eyes blinked, my
head twisted, my brain squirmed. The concepts not fully factored
in are that the failing machinery is often hidden from view,
the assets going rapidly negative in value are not easily measured,
the system contains so many functions that are far beyond control
and monitor, so many unregulated and syndicate operations are
intentionally kept from public view, that the system is guaranteed
to crash without any conceivable opportunity to react to its
many failing components in any responsible timely manner.
When my questions were directed to credit derivatives, he just
shrugged his shoulders, and repeated his shallow argument on
solution. If an informed fellow from a fine organization cannot
grasp the complex nature of any solution, then rest assured that
it would go far beyond out of control. Not only are the size
and scope misjudged, but so are the hidden depth and exotic complexity
by architects often on cocaine in Wall Street houses. Their leverage
devices make an industrial chemical plant look simple.
THIRD WORLD, DEAD
AHEAD:
Few in the Untied States
seem to realize that what is happening is the magnificent unstoppable
event whereby an inevitable shift of tectonic financial plates
is underway. The result will be the Untied States entire system,
financial and commercial, will suddenly find itself tragically
lodged in the Third World. The chief traits will be major
shortages, high prices, absent capital for credit, diverted supply
of commodities, poor investment opportunities, massive flight
of capital, corrupt law enforcement, widespread violence, despair
among the public, horrific loss of wealth, and a severe brain
drain as intellectual talent abandons the nation. Oh yes, carpet
baggers will arrive soon, and perhaps even an historically unprecedented
wave of colonists from Asia, Russia, and Arab nations. Those
who own the failed credit during default make ALL THE RULES.
LOST INTEGRITY OF
US FINANCIAL MARKETS:
The revived short rule restriction has contributed to yet another
severe black eye to the reputation of the Untied States. Its
financial markets are already considered the playground for Wall
Street syndicates, with criminal behavior protected by the system.
Foreigners mock our markets for their grotesque unfairness. Insider
trading, 3pm rescues, program trading, naked shorts, controlled
news sources, conflicts of interest between news networks and
advertisers, justification of fraudulent accounting under pretense
of national security, these all contribute to the cesspool image.
The list of financial firms protected by short rule restrictions
included far too many stocks. What really really angered me,
as in really really angered me, was the exemption given to Goldman
Suchs. They are permitted to short financial firm stocks. At
least the short rule restriction ends on Wednesday, tonight.
When one examines the Mussolini Fascist Business Model, be
sure to include the criminal aspect of rules changes to the corrupt
model that assures destruction of the system. Now these corrupt
clowns want to eliminate 'Mark To Market' accounting for bank
assets. Calling them worth original parity value will not improve
anything for the lending risk, and surely will not lift the systemic
faith. The Japanese could pull off the 'Vampire Banks' trick
where they walked around insolvent, since their financial system,
if not culture, contained ten times as much integrity per capita
versus the US. The Untied States relies heavily upon faith for
the system. Faith is almost all gone!
FLIGHT TO QUALITY
RUSE:
JPMorgan is the primary usher orchestrator to the phony movement,
called a 'Flight to Safety' or a 'Flight to Quality' as seen
with the movement to USTreasury Bond. Absolutely nothing denotes
quality of the USTBond complex. The description of safety
seems to ignore, deny, and defy the rapid deterioration of all
US financial fundamentals. They seem as safe as a spiked chamber
slowly closing in the "Lara Croft: Tomb Raider" movie.
The image of out of the frying pan and into the fire seems to
fit. A USTreasury Bond default appears a total lock guarantee
in the near future. A blight on the US financials grows worse
with each passing month, as the total cost for bailouts, nationalizations,
stimulus packages, and federal deficits mounts. Foreigners
own 52% of all USTBond debt. They will eventually say NO MORE!
A powerful vortex is building, with ultra-strong low pressure
zones colliding with ultra-strong high pressure zones to create
a hurricane. It is bigger and more powerful than anything ever
having formed on planet earth. The flight to quality or to safety
is pointed directly into a black hole. Look for staggering events
to come with USTBonds on the supply side, which cannot support
the upcoming funding needs.
THE LEHMAN FAILURE
WAS A SIGNIFICANT CON JOB:
It was planned, calculated, designed, and executed like a criminal
act. The Wall Street criminals needed to test the system on
credit default swap risk, needed a sink hole from which to hand
$138 billion to JPMorgan on a reloaded. It was carried out pre-dawn
on a weekend before a hapless bankruptcy judge who found no objection.
He probably did not look hard, maybe even bribed. The criminals
were able to observe the consequences from senior bond holders
who were illegally denied due process in the bankruptcy procedure.
The event was a failure called a merger, complete with a huge
handout given to JPMorgan so it can continue its illegal enterprise.
The real big deception is that JPMorgan was probably within
a hair from its own bankruptcy, and therefore required a sacrificial
lamb to feed from elaborate entrails. The sad fact is that
the Wall Street consolidators need another Lehman-type event
soon, since more reloads will be required. The French finance
minister publicly decried the Lehman bankruptcy, saying letting
it go was a major error. He might not be aware of the Wall Street
crime syndicate need to cover up evidence, or the need to create
a sink hole for a concealed JPMorgan reload, or the need to illicitly
pack printed money into the massive credit default swap crater.
Recall that numerous boxes of documents were hurriedly removed
from Lehman offices that crucial fateful weekend. No watchful
eye by police, no cordon yellow tape to protect a crime scene,
nothing. Another Fascist Business Model privilege that does not
make America strong.
CITIGROUP ACTUALLY
FILED A LAWSUIT TO ACQUIRE WACHOVIA:
Sorry, but Wells Fargo is in line to win this ugly pig prize.
Citigroup must have lusted deeply for the opportunity to pull
off the same trick that Bank of America did, to seize the Merrill
Lynch deposits and toss the impaired bond assets into the JPMorgan
'Garbage Can' powderkeg. JPMorgan had the great advantage to
seize the Washington Mutual deposits and toss the impaired bond
assets into their own 'Garbage Can' powderkeg. What a sight to
behold! The American financial system manages garbage that it
keeps in secret mountains of some of the most disgusting ruinous
rotting sewage ever known to mankind. The gall of Citigroup to
even attempt a bold coup when it is bankrupt, insolvent, and
running on the vile fumes of phony accounting. They acquired
a bank with HQ in San Salvador (branches in Panama) in recent
months that really angered me, since opening an account there
was on my list. My guess is that Citigroup has assimilated deposits
from Banco Cuzcatlan, much like the Borg of Star Trek fame.
REALITY CHECK ON THE
DESTRUCTION IN PROGRESS:
The Dow Jones Industrial index should get hit time after time
after time until some good economic or banking news emerges.
The stupidity evident out there is to expect the Dow stock
index to lead on asserting stability, when it must come from
housing prices and the solvent condition of leading banks. The
ultimate key to the US bank destruction has been a powerful decline
in housing prices, not the Dow. It will follow news of things
being ultimately repaired. The US banks are destroyed, and that
should kill the entire USEconomy in the foreseeable future. Few
seem willing to accept this stark ugly fact. Housing prices continue
down, and that assures continued lethal pressure on bank assets.
That keeps the destructive process relentless and very powerful,
like deep knife cuts to a patient lying on a hospital gurney,
while being shuttled from room to room for futile treatment.
Much more destruction lies ahead, like with at least two more
Wall Street firms, many regional banks, and a few insurance companies.
Few seem willing to accept this stark ugly fact. Instead they
look like idiotic children gazing upon the wrong traffic lights,
as truck after truck runs them over in the middle of the road.
Little do they realize, PEOPLE ARE ROADKILL.
REALITY CHECK, INVESTMENT
ALTERNATIVE:
If you had purchased $1000 of Delta Airlines stock one year ago,
you would have $49 today. If you had purchased $1000 of AIG stock
one year ago, you would have $33 today. If you had purchased
$1000 of Lehman Brothers stock one year ago, you will have $0
today. However, if you had purchased $1000 worth of beer one
year ago, drank all the beer, then turned in the aluminum cans
for recycling, you would have received $214 today at redemptions.
Based on the above, the best current investment plan is to drink
heavily & recycle. It is called the 401-KEG Plan.
US PRESIDENTIAL ELECTION:
We as Americans must vote for the next chief engineer for the
locomotive that is running 100 miles per hour (=160 km/hour)
into the bottomless chasm, in a vertical descent, without any
semblance of controls. Every train needs an engineer, complete
with hat, striped shirt, and a whistle at the ready! Be sure
that almost no agenda will be the privilege of any new president,
that is if the corrupt powers permit the election without disturbance,
delay, or deletion. This president has done such a bangup job
that he might deserve to be emperor. Expect some of his henchmen
to escape into exile,
THE HAT TRICK LETTER
PROFITS IN THE CURRENT CRISIS.
From subscribers and readers:
"Your analysis is of
outstanding quality, the best I have read. In particular, as
a person on the spot, I can confirm the accuracy of your bleak
assessment of our prospects in the UK."
(JanB in England)
"I just subscribed
to your services and must say that your insights are so eye-opening
that it is like having a window to the future. I never thought
that they would in so much detail encompassing the entire world.
With all that is going on, I still wonder how you are so in touch
with it all."
(ChrisB in Australia)
"The latest Hat Trick
letter is great work. I am still reading and absorbing, but this
is just great analytical work. Truly inspired. I would say you
produce a very sophisticated, detailed product that is the best
of the bunch. Truly. You help keep me very focused on current
events and help me keep my eyes on the distant horizon."
(RichardB in Texas)
Oct 8, 2008
Jim Willie CB
 Jim Willie CB is the editor of the "HAT
TRICK LETTER"
email: jimwilliecb@aol.com
Willie Archives
website:
Golden
Jackass
subscribe: Hat
Trick Letter
Jim Willie CB
is a statistical analyst in marketing research and retail forecasting.
He holds a PhD in Statistics. His career has stretched over 26
years. He aspires to thrive in the financial editor world, unencumbered
by the limitations of economic credentials. Visit his website
at www.GoldenJackass.com. For personal questions
about subscriptions, contact him at JimWillieCB@aol.com.
321gold Ltd
|
