What an interesting time we live in! By now, anyone who feels burned by the establishment, whether the Wall Street banksters (fraud kings) or USCongressional representatives (paid lobbyist clients), or USCongress banking committees (bribed Wall Street tools), or a private hedge fund conman (protected by regulators), or financial markets (victims of naked shorting), or an employer (from foreign plant & equipment investments), beware. More deception and betrayal and smokescreens and outright lies lie directly ahead. The next TARP disbursal will be much better disguised, more of the same welfare for the elite. The next stimulus plan will be loaded down by pork, earmarks, and clever disguises to enable continued bank aid with unenforceable clauses to protect the public, and namby pamby thin oversight. The tragedy is that Jack Daniels cannot take a handoff in any reconstruction from a strawman dressed as John Maynard Keynes. The other tragedy is that the US does not have adequate labor workforce to do reconstruction, nor does the US have factory capacity to fill orders on reconstruction.

GOLD & SILVER STEALTH REVERSALThe gold chart looks tremendous, the best of any commodity. Its long-term uptrend channel is clear, with base support, parallel upper rail, notable middle beltline. All cyclicals are in bullish mode, with relative strength gathering steam since November, with stochastix strong, as the MACD remains in up mode. The Head & Shoulders inverse pattern is a clear reversal with an actual upward bias tilt. The 870 level is key, since it is the shoulder support line. It seems goldreacts to 900 like a magnet, unwilling to remain much below 900. Watch for the next signal of a continued crossover of the 20-week moving average above the 50-week MA, which is in progress. The lower end of the channel has been tested. Next is a penetration on the upper end. No greater motive for investing in gold & silver can be found than the global initiatives to pull the many economies out of the stagnation, disruption, breakdowns, and insolvency.

THE COLOR CHANGE FOR OBAMA TEAM
The Obama team is more of the same, with blue jackets instead of red jackets, whose bow ties to the corrupt power centers are just as firm as the last team. To their credit, they do deliver public addresses with better command of the English language and far less contempt for the unwashed masses. The utterly stupid message made by Geithner before Congressional questioners about Chinese Govt manipulation of their yuan currency is added proof of no changes to failed policy, and ratcheting toward full-blown trade war. The Chinese are really angry, and have heaped insults across the Pacific in return. Can anyone in a position of authority recall that the USGovt needs good relations from creditor nations, since absolute and total recklessness is required to purchase USTreasury Bonds in the current climate of failed systems. The US suffers from failure of an extraordinarily complex system. It needs an overhaul, not greater pressure applied to the same broken connections, channels, and imbalances. The Obama moves so far are more of the same with a banner of hope attached. Hope is a device used by failures who had no plan.

The Ethics Guidelines are a public relations stunt, visible already, akin to promises by pedophile priests not to touch the children. Note the exemption for William Lynn, appointed to be deputy Defense Secretary. Lynn was the Pentagon comptroller who oversaw $2 trillion in missing defense contractor funds years back, but is now a registered Raytheon lobbyist. He is the selection? He is on the rear pages of the news. And also Mark Patterson runs aground, appointed as chief of staff to Treasury Secy Geithner, but a high level Goldman Sachs lobbyist. Patterson will continue in his newly named post as long as he pledges to avoid all conflicts of interest. Whew! What a relief! This reminds me of the Microsoft Chinese Wall between application developers and operating system wonks, where the Sherman Antitrust Act forbids all communications. The Obama Admin is showing some peculiar exceptions, all certain favors to the Powerz. Recall that Defense Secy Gates is the first ever to continue during a transition of presidents. That is how important the clandestine war revenues are to the big banks and syndicates. Nothing changes. If real meaningful change was desired, then 90% of the lobbyist organizations would be forcibly disbanded, tax structures would be overhauled, manufacturing would return to US shores, and much more.

THE HIGH COST OF HOPE
The maxim goes "burn me once, shame on you, burn me twice, shame on me" applies. The public is about to be burned again, then later in the spring, burned a third time. They do not learn. They prefer, as many friends and family of mine do, to continue to give the benefit of the doubt to the bank officials and Congressional leaders, and to cling to hope.

FAILED REGULATORS WITH GREATER POWER
The next changes for regulatory bodies will grant them more powers, when they failed to exercise their current powers in protecting the public investment community. The gaggle of agencies will next have powers to enable even greater corruption, control of your assets, access to private position data, integration with markets, and likely price controls much broader than today. Geithner has warned that extraordinary measures will be taken and implemented in order to sustain the system. The problem is that the system is broken, firms are deeply insolvent, and conditions are actually growing worse. Almost all efforts at this point will be to produce more climax events in the corrupt vein, leading to a crescendo like bank holidays. Such an event would be a perfect backdrop for a missing cool $1 trillion in private brokerage accounts, bank accounts, and insurance accounts. They will probably do it because they can, since they have already paved the way with consolidations and removal of legal obstacles. They require more confusion though.

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I am still clinging with my fingernails to a slim ray of hope.