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[nimblebear]

If that doesn't signify underlying concerns and real problems in the market, I don't know what does. Gold is stronger, and is indicating that there are massive problems being seen by investors of all ilks, and who are in the know, recognize they are coming. Gold has now penetrated a signficant level of overhead resistance. And will continue to forge higher. The dollar, is in a temp bounce. People are chasing dollars, not bc of a great economy, but bc dollars are the lesser of all evils out there in terms of a number of currencies and underlying default conditions. This my friends, is a precursor to a major hyperinflationary event and period, of unprecedented proportions. There will be a point at which the dollar will simply collapse. Until then, this is your cue to get out of illiquid assets, in particular bonds and debt burdened assets. Credit conditions continue to detoriate across all spectrums, credit continues to tighten, and the consumer is relying on conserving cash, paying down debt, bc it has no choice, and banks continue to refuse to lend to all but the most creditworthy of businesses and individuals. This happy talk right now whether its from Obama, or mainstream media, is just that. Within 6 months of Q4 09, we will see a very stark contrast to the picture we are hearing now in terms of YoY or M o M comparisons. NBER is reluctant to call the recession over. It should have called it over by now and shown ended q3 09. But it didn't and hasn't. Watch and see what happens with all of the state budgets this year, when governments who thought they had things a tad bit under control, and thought they had slashed and burned enough, find out to have even more substantial shortfalls and budget problems. And who then is going to have to bail them out in order to avert a major disruption in state services ? And who is going to cover all of the 15% or even 20% of workers on unemployment checks, who keep getting extended, and extended until that runs out ? States have had to borrow over $60 billion to cover that nut, bu unemployment isn't going to magically revert o ful employment eventually in the next few months or even years ? So are we talking about another $100 billion, or $200 billion of being more in the hole, just from paying out unemployment bene's or do we just let those people run out of money, and let them wander on the streets with no housing, jobs, or shelter of any kind ? Just watch and see what happens. We are now at a major precipice, not anywhere close to coming out of the hole. we've printed trillions, borrowed even more, bank resrves have piled up that aren't being touched, and yet we are still no closer to an organic growth pattern that isn't completely supported by the prior stimuli. China and India and BRIC countries and europe are actually worse off. All of their faux growth was from unsustainable stimuli too. Problem is DEBT, and people have no savings or credit to speak of. We've mortgaged everything as far as the eye can see into the future. We can no longer afford to pay the principal let alone the interest on it. It all comes to a head this year, and likely this summer.