RioTintoGroup,thethird-largestminingcompany,spiedonChina’ssteelmillsforsixyears,creating700billionyuan($102billion)inexcesschargesforironore,areportonaChinesegovernment-runWebsitesaid.
Governmentagenciesshouldenhancesurveillanceofthesecret-protectionworkatkeycompaniestheysupervise,saidthearticlepostedyesterdayonhttp://www.baomi.org,whichisaffiliatedwiththeNationalAdministrationfortheProtectio...[
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ACrudeWaytoThinkabouttheBigElliotWavePicture
PostedbyTonyonJuly06,2009
1.WeeklyMarketAnalysis
IambynomeansanElliotWaveexpert.However,insteadofdebatingwhetherornotthe2000highisthebigthird(III)waveoftheuptrendandthesecondtopformedfrom2001to2007astheAandBphaseofthefourthwavecorrection,whynotbunchthedoubletopportiontogetheraspartofasinglebigfifth(V)waveoftheuptrend.
Ithinkthismakessens...[
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PostedbyTonyonJune26,2009
1.WeeklyMarketAnalysis
TonySun:FounderofKhronoStock.com
JustlikeGlennNeelyofNEoWavemadehispublicserviceannouncementregardingSP500fallingwellbelow500inthenextsixmonths,Iwouldliketomakeasimilarannouncement.However,Iguessmyannouncementismoreillustrativeandcolorful.
Onceagain,thisissimplyapublicserviceannouncement.Pleasedonottakeitasanyinvestmentadviceandasalw...[
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Oneoftheobviousreasonswhystocksareonadefnitivepathoffurtherdeclineandmakingmuchlowerlowsisthatthestockmarketcanbeusedeffectivelyasatooltocontrolhyperinflationatleastonatemporarybasis.
Simplyput,bycreatingfearsinthestockmarket,investorsalmostalwaysparktheirmoneyinUStreasuries.Wehaveseenthishappeningbackinlate2008postLehmancollapsewhentheyieldon90-dayT-billswentto0%.Byscaringpeopleoutofthestockm...[
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Asthecurrenteconomicandfinancialcrisiscontinuestounfold,onecannolongerignorethemysteriousyetshockinglyaccurateeconomicconfidenceandcyclemodelsdevelopedbyMartinArmstrong.Forthoseofyouwhohavenotheardofhim,ArmstrongistheformerchairmanofthePrintionEconomicsInstituteLtdwhowasimprisonedbecauseofsecuritiesfraudandcontemptofthecourt.
FormyKhronoStockPROsubscribers,Iprovidedasomewhatdetailedanal...[
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Idon’tviewaneconomicdepressionasanaturalphenomenon,aneventthatislikelytohappenonceinacentury.Tome,aneconomicdepression,inourcurrentsituation,apotentialglobaleconomicdepression,isatoolofwarfare,similartoweaponsofmassdestruction.Manyarecurioustoknowwhatisthereasonforsuchaneconomicwarfare.Theansweristhegrowingpowerofemerginganddevelopingcountriesoverthepasttwentyyears.Belowistherecentsharesofgloba...[
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IamforsomeoftheGovernment'sinitiatives,butenoughisenough.DidanyoneseeDr.PepperSnappleyesterday?Thestockfellhardandfast.
IwillbethefirsttotellyouthatIamnotthatinvolvedinpolitics.IalwaysthoughtthejobofthePresidentofTheUnitedStatesofAmericawastoruntheCountry,keepussafeandbeinvolvedwithforeignaffairs.
SincewhendoesthePresidenthavetobeontelevisiondailyandgetinvolvedwitheverything?ThePresident'...[
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TherearefourmostimportantfactorsthatcausedtheGreatDepressionduringtheearlypartofthe20thcentury.
1.StockmarketcrashthatwentfromOctoberof1929tosummerof1932.Stocksdroppedover80%duringthisperiod.
2.Massivebankfailures–regionalandcommunitybanksfailedbythethousands.Theremainingbankswerereluctanttowriteanynewloansduetothecollapsingfinancialsystem....[
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Whatishappeningnowisthis.
ThemarketiscomingtoawrongREALIZATION.Themarketthinksthatthingsaregettingbetterintheeconomy.Inouropinionitisnotgettingbetter,itisjustnotgettingworse.
Manystockshavehadhugerallies,someasmuchas480%thelast6weeks,sincewesuggestedabottomwasin.Therearemultipletakeoverrumorsdaily.Theoldfliersaregettingbidupsharply.Manystocksthatwehavestartedtoshortar...[
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Whatishappeningnowisthis.ThemarketiscomingtoawrongREALIZATION.Themarketthinksthatthingsaregettingbetterintheeconomy.Inouropinionitisnotgettingbetter,itisjustnotgettingworse.
Manystockshavehadhugerallies,someasmuchas480%thelast6weeks,sincewesuggestedabottomwasin.Therearemultipletakeoverrumorsdaily.Theoldfliersaregettingbidupsharply.Manystocksthatwehavestartedtoshortaretradingat30to40tim...[
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