Flash Report :

It is my strong opinion that Bernanke is committed to not letting this up trend line break down, using all the power of the Fed in Quantitative Easing. That means the Fed will buy practically unlimited offerings at auction and in the market should it be necessary.

The problem is market, money and speculators can overwhelm all central banks combined should confidence be lost. Confidence has been maintained by an almost unlimited creation of new money.

Be assured consequences cannot be avoided. The long term uptrend line of the 28 year long bond market is the confidence line and therefore becomes the most important line ever drawn in an attempt to determine the future of an empire.

Nobody in their right mind wants what is coming, but airwaves and hot air is no mendicant. Failure to allow economics to take its natural course in bankruptcy of the deficient, central bank support for the OTC derivative vehicle by the previous Chairman and bubble making all brought this plague upon us.

Economic seer, Chris, starts his presentations with the desire to be totally wrong but the conviction he is not.

Master Technician Alf takes no joy in what he sees but he sees it.

Nobody could have a more miserable circumstance than economic historian and master timer, Armstrong, but April 19th was dead on like many of his prediction. If he is wrong he will not remain wrong for more than a few weeks. I see him as calling one more time in the black of the bull eye.

http://jsmineset.com/