REINHARDT ...post your questions for him here.

R., freaking hillarious! Are you patting yourself on the back for -0.18%???

What a joke

"U.S. Treasury quietly announced it will pump another $162 billion worth of U.S. debt into the market next week. Total marketable U.S. debt will soon exceed $6.36 trillion.

A bestial 6.66 million Americans are currently filing for unemployment benefits,

BankUnited’s failure will take a $4.9 billion chunk out of the FDIC’s war chest. It is the 34th bank to fail this year.

Unfunded SS and Medicare Debt -- $65 trillion
U.S. Treasury Bond Debt -- $12 trillion
FY 2009 Budget Deficit -- $2 trillion
Total Debt -- $79 trillion (give or take a few trillion)

Also Logos, sending you an email.

And what happens when hyperinflation hits hard

Everything on the shelves will be bought by those who can afford to pay $200 for the last loaf of bread and then when everything is gone no more will be shipped because the trucking industry won't be paid. Everything stacks up like dominoes.

That will take exactly 3 days according to the government, then again, watch the news during an event, more like 1 day. The Depression in 1929 food was stored in warehouses. Some time ago they decided that there were a lot of grocery stores, so warehousing wasn't needed.

Add to that the lack of willingness to loan to larger family farms for the crop planting. The wet weather in one area, dry in another. Lack of crop insurance. Late frost in some regions and bingo, we have ourselves a real probelm on the horizon. Add to that they say the railroads needs revamping. One more thing to consider, much of the produce in the stores like Walmart are imported. When the dollar falls, where will all this excess food come from? Nobody will want to do business with our wooden nickels. With bill HR875 (if passed), we will not be allowed to grow our own food. A new bill (don't remember the bill #) says that all creeks, ponds, rivers, lakes are property of the feds. All water!

They tried this in South America and it became bloody, course the news here in the USA made it sound like those people are bad and we are trying to save the good ones. They weren't bad, just thursty and in need of water to bathe and cook with. They had the balls to fight. Do we? I'd like to think so but sadly, looking around and listening to people, I seriously doubt it.

There have been something like 3700 trucking companies go under during this, enter the trains... of course they will need hand-outs too.

Does anybody know when the USA is expected to make the next Interest Payment? If so, that will be the fall, the death from the fall will be coming just a few months after. .

At last I heard, .02 was the price of a dollar, most still say .04. As the currency fails and a new one is issued, they pay out will be the current rate. Example, the Amero will be worth 1 Amero but only about .04 cents in exchange rate. Now if you have say 100,000.00 dollars, well, do the math. And that is just for wanted stuff! The real bummer will hit when it is needed stuff. Food, clothing, water, electricity. I'd chance to say, 200.00 for a loaf of bread will be a bargain.

Guys...stop the BS please:

"...While crop prices have been gaining strength recently, they're still well below last year's record-breaking levels, which will crop farm incomes in 2009, according to U.S. Department of Agriculture estimates. Agriculture, however, hasn't been hit as hard by the global financial crisis as other industries since the strong fundamentals that helped lifted crop prices last summer remain intact -- growing global populations are steadily improving their diets by eating more complex proteins, boosting grain demand for animal feed.
"Therefore, farmers have held up well in spite of limited credit ability and curtailed production. Even with the expected slip in profitability, farm incomes are still slated to be 9% higher than the 10-year average of $65 billion, the USDA said.

"But that may not translate into higher farm equipment sales."


[link to www.forbes.com]

You are quoting the USDA??? Now that's funny. You might also want to actually check on the famrs, 2 kinds. Corporate farms that give us drug laced food and frankenfood - and the family farm... totally 2 different things, Family farm typical year's yield is about 1375.00 per acre. Corporate farms, 35.00 per acre. Real Farmers live on the edge year to year, this may just do it.

Add to that the railway system says it can't properly transport food, so it needs bailed out. Providing good foods? A quick look into the early deaths, health issues, diseases show say otherwise. In addition to that, 2 years ago, 64% of America's children went to bed hungry, bet that's up already. Research Dr Mercola or Dr Horrowitz. Or then again, by all means, stay willingly ignorant.

"From the US's AAA rating being threatened, to the possible collapse of the bond market bubble, there was plenty of action. And our editors and contributors caught every minute of it." bb

Here is parts from an article I just read from Moneytranslations, [link to moneynews.newsmax.com] and the translations:


"Zacks Research analyst Dirk van Dijk warns that another major mortgage crisis lies ahead as huge numbers of homeowners who have been making only minimum payments on their “pick a payment” mortgages have to start paying in full.

This can cause huge jumps in the monthly payment, with increases of over 50 percent not uncommon, van Dijk says, making these the ultimate “exploding mortgages.”

The number of these recasts is relatively small right now at $1 billion per month but will grow dramatically over the next few years, exceeding $8 billion per month in the fall of 2011."

This will be bad folks. This was once called a Balloon Loan, there are also Interest Only. These loans were mostly made on higher scale houses. Mostly the thoughts were that top income earners would probably transfer within a few years and by then the property would appreciate. Instead we have a fall in most parts but not all, a few still have appreciated, higher end property however hasn't. The Balloon Loans where you "pick a payment" are sort of like a Negative Amortization, that is, the part you didn't pay goes onto the principle. Bascially at the end, a payment is sent for the full principle, which has now increased OR a new contract.

"The number of these recasts is relatively small right now at $1 billion per month but will grow dramatically over the next few years, exceeding $8 billion per month in the fall of 2011."

"If the equity in your house is gone and your monthly mortgage payment suddenly jumps from $2000 per month to over $3000 per month, what do you think is going to happen?" van Dijk asks.

That is actually a Teaser Rate or Introductory Loan, not the above.


"The next wave of foreclosures is going to have much higher average loan balances, so each foreclosure will hurt banks more than subprime foreclosures did."

Subprime loans usually make the debtor pay an insurance in case of default called MIP. This coverage pays the difference, including expenses of the foreclosure, so banks do not lose. These are however, Prime.

"Meanwhile, Harvard’s Nicolas Retsinas, director of housing studies, is uncertain when housing will bottom at all, despite numerous economists arguing that it already has."

It hasn't due to unemployment.

“The Obama administration has announced a number of very aggressive intervention programs in terms of loan modification, encouraging short sales.”

This is laughable. Short sales do nothing more than get the loan amount. A property must appraise unless the buyer is willing to pay the difference. Banks will either leave bad debt and count it on their books as inventory and not foreclose, or lose money.

"Given that the programs were only established recently, “we haven’t quite seen whether they have traction and whether they have enough behind them to withstand the continuing loss of jobs,” Retsinas says.


That’s important “because at this point the housing market problem is really a problem of the broader economy and people losing jobs,” he says."

Ever put out a fire with gas?

The rest of the article was speculation and BS.

The banks aren't looking so hot in the future. What will stock be worth if it is taken over by the feds?

Thanks 7. Have a good holiday !

Page 200 !

Nice number, I wish the thread could end on one like this.

We shall see how this week will go. Glad I didn't buy any May or June puts.

LOL

Dow 3,000 didn't work out for ya?

Well

I have never been among

those naive enough

to assume that Dow 3000 could be expected immediately, regardless of R's merits or lack thereof,

have you ?

According to Armstrong, as far as I superficially understand his take, it could be expected somewhere in 2011 ?

Fed is buying U.S. Treasury bonds. So are the Chinese.

"We have a huge amount of money in the United States," said Wen Jiabao, premier of the People's Republic of China, back in March. "I request the U.S. to maintain its good credit, to honor its promise and to guarantee the safety of China's assets."

The USA has or is about to lose AAA credit. UK as well.

"United States has to sell trillions more in bonds to finance its imperial ambitions, bailouts and boondoggles."

" Since the Fed inflates by buying bonds, when consumer price inflation begins to menace the bond market, it must deflate by selling them. that will be a bad time to be visiting China...and a bad time to be holding U.S. Treasury bonds"

There is only so much longer that the market can keep being held up. I'm also not buying that China is doing this for monetary benefits. True, they sell a lot here in the USA, but at any given time they can look inwards of to the Eurasia for self sufficiency in money terms. Again, they have "money" invested. Money is not wealth, especially not fiat currency.

The DOW can bounce back and forth and even look good, but the 401Ks, IRAs and such have taken a beating already because they were invested in plans that didn't go so well. I'd say we will see 3000 by no later than year's end. The 1st fall by late spring early summer, but the DOW may not show it. If it doesn't, it will by winter.

If there is a fall that the nominal value of the market doesn't register it must be through inflating currencies, musn't it ?

I doubt that strong inflation will set in before the bottom. It should be shortly after the King has bought into the market.

Opinions ?

What did Reinh-tard say about canceled May Doom ??

Wrong time-line ??

classic !!

Send another $720 and you will get 3 months more of bla-bla .

Looking at inflation now in unaccounted for areas, food, fuel. Think it was Carter that changed that equation, maybe Regan. A lot higher taxes on "sin" items which equates to less money to go anywhere with, Tobacco & Drinks. Now it is said that Obama says tax caffine products. Coffee, Chocolate, there is a myrid of products with caffine in them.

Deflation on wants for now until bottom, inflation on needs. Hyperinflation on all after fall. Here is a quote from something I read,

“We are out of money now,” President Obama surprisingly stated on Saturday. “We are operating in deep deficits… This is a consequence of the crisis that we've seen and, in fact, our failure to make some good decisions on health care over the last several decades.
“So we've got a short-term problem, which is we had to spend a lot of money to salvage our financial system, we had to deal with the auto companies, a huge recession which drains tax revenue at the same time it's putting more pressure on governments to provide unemployment insurance or make sure that food stamps are available for people who have been laid off.
“So we have a short-term problem and we also have a long-term problem. The short-term problem is dwarfed by the long-term problem. And the long-term problem is Medicaid and Medicare. If we don't reduce long-term health care inflation substantially, we can't get control of the deficit.”

What happened to May 11? The Dow is right back up to where it was before.

Just like with his Feb. 9th bullshit -- the markets are higher now than Feb. 9.

The assclown strikes again!

Let us get something real straight. I am not R and I have no idea what May 11 was, nor do I care. Now either you want to contribute something worth knowing of STFU. Enough already with the trolling. I will say this though, very, very soon I will enjoy watching you squirm, going broke and feeding on each other. Get a hobby.

yes, you are correct...very soon i will be broke if i keep sendin in $720 every few months to read crytpic errors.

GM’s goose is cooked. Despite borrowing another $4 billion from Uncle Sam on Friday, the company announced today that it will need at least another $7.7 billion by next Monday to stay afloat. On top of that, their debt-to-equity deal with bondholders is not expected to come to fruition by its deadline -- midnight tonight. Billions more in supplier bills come due at the end of the week… without a massive government bailout, GM will likely go into bankruptcy before President Obama’s June 1 deadline.

Saudi oil minister Ali al-Naimi called for $75 barrels in the near term, and also issued this ominous forecast: “If others do not begin to invest similarly in new capacity expansion projects, we could see within two-to-three years another price spike similar to or worse than what we witnessed in 2008."

Google Lindsey Williams - The next 12 months.

If you were that stupid you probably already are.

Let's face it.

Reinhardt was wrong! He said Dow 2800 by May 11, then started a countdown leading to that date.

Now it's 8500.

I wonder how he explained himself to the subscribers.

So he missed the date. I've seen those numbers predicted by some pretty in the know people who never heard of R, just not the date. I don't know what he said, maybe ooopsss. Who cares?

Look, if you will take a bit of that energy and research (more than just R's info) you can pretty much figure it out. You can also be waiting on the money instead of following it. There are those here on this board that I feel we have become friends. There are some extremely good and smart people on here and this info is free. More than 1 person is running the show and it will take more than 1 to catch things. I do not play the markets because I choose not to and I'm still learning them. Having said that, if someone wants to and I can help then I do, so could you.

Flaming and acting like a child actually just draws away from the information shared and even worse, those that have a lot to share. If you feel jaded R has his email posted. I wasn't jaded. There is more than likely a good reason for missing it, like TPTB read this too?

F-k I just realized what this means. I heard they are intending to prohibit the use of natural minerals and vitamins (as in food) for the prevention and healing of illnesses, put all food (organic as well) under radiation and instead add lots of goodies like fuorides and the like. Vitamins A, B, C, D, and minerals like zink and magnesium will be only allowed in therapeutically ineffective doseage. All animals used in food production will have to be doped with Monsantos antibiotics and growth hormones cancerogenic and other deadly pesticides will again be allowed in higher dosages, and the list just goes on and on.

If this rumor is right, the WTO will make these regulations mandatory for further support of a nation and thus enforce a kind of systematic mass murder.

I haven't researched this a lot, so I hope it's no true. But if it is... "interesting" times.

You are correct. The more people who know about Codex Alimentarius - the more we can fight its' implementation slated for December 2009.

Once this is in place, many of us who use supplements and vitamins will be unable to heal ourselves. (Welcome to Obama's universal health care and the forced use of big pharma)

As far as the market is concerned...it is the most manipulated we've ever seen. I'm sure the experienced traders on this board realize it. Obama keeps printing money and throwing it in. All traders I know are shaking their heads and some are retreating.

Only the inexperienced trader is hanging in their singing "we're in the money". Little do they know......

make that... "they're" singing...

The Codex has been around since the 60s

[link to en.wikipedia.org]

It would be good to have a more specific number or code for the particular regulations they are trying to impose on us now. I find it hard to find precise links to mail around for people to look at.

I guess it is being discussed on the board:

[link to www.godlikeproductions.com]

Sign while you can, regardless of the organization being the campaign. Seems to be the only activity aimed against the implementation in December:

[link to www.eliant.eu]

I'm an R follower.

I'll be the first one to call him wrong when he is officially crossing that presipis.

But it hasn't happened yet.

His countdown 40 days out from May 13/14 was a countdown to the beginning of the decline. Just as all his previous predictions were.

His Sept 15 prediction predicted 33% decline which ended 10/27/2008. The official high point was 9/22/08. He missed it by 7 days.

His Feb. 9-13 prediction came before a 23% decline which ended 3/9/09. This was particularly good prediction because this is where we had 14 down days virtually. he nailed that one. I don't know where the R haters get their facts from but you might check again.

And this current prediction basically called 909 at the top. We've had a few retests of that top since May 13 including yesterday's 910 close. Unless we close higher than say 915, R's prediction is still on. You can't hold the guy to perfection. I'll take ballpark, small ballpark.

Officially, I believe the timeline he assigned for dow 2800 was end of 2nd quarter, around late June but I've also heard mid July. If it ain't here yet, R is done.

I would bet money that we will not see dow 2800 within the next few months.


theres no way I see that the ELITE are gonna let it fall to that..I t would cause such a major uproar and revolt , that it would work agasint the elites plans...


remember now, the elite created 9 trillion dollars, and calimed they dont know what happened to it...I say much of it has been cleverly pumped into our markets to give the illusions of stability....

if the elite see the markets crashing from near 9000..down to 5-6000...then they just create another 9 trillion dollars and pump it into the markets again..

dow 2800 in a few months..

NO WAY...I SAY....

I'm with you. hard to believe the powers that be would allow it. But, till then, R still has cred. And he saw crash coming when even Obama didn't.