Oldtent Archives 2009

Copper has made its JULY top (copper chart)CHINA has stopped stock piling,(the Baltic dry index dropped 17 % in one week (bulk shipping)),rail car shipments are down 17 % from last year.
The S&P chart shows a top ,confirmed by the post election seasonal chart,which fits in with the Decennial (decade) chart where the peak is early August of the “9″ year and continues down for 4 years until the “02″ year or 2012 midyear….The best place to be in the short term is oil from July to October (oil chart) CASH ,or GOLD.
Nat Gas has bottomed and is replacing other energy as utility go for the cheaper price where they can and as existing contracts run out.  COAL is dead.It has no backers in this administration or on a price basis and so rail shipments will continue down.Export coal is alive ,but being replaced by SOLAR ,GAS,and Liquified Nat Gas (even in China) which is a by product from oil ,coal and methane and sells cheaper that drilled GAS. A LNG tanker is really the new pipeline across oceans ,bringing gas from anywhere.Horizontal drilling in Texas has uncovered enough Nat Gas to cover US NEEDS for 100 years .One Nat Gas company has applied for an EXPORT license for LNG. SOLAR stocks had a boom and bust and are now growing again ,but that payoff is long term.
Solar cells are being built for the S.West dessert….
Now back to the MAIN subject S& P has topped for the next 4 years……sorry bout that !   OIL ,gas,CASH and GOLD…thats it in my humble opinion.

Don’t believe anything about the new found profits in Banks ,AIG ,AUTO or any financial s ,nothing in the economy supports that theory except printed money doled out.
Goldman Sachs and Banks show record profits for one purpose and thats to justify taking huge bonuses and looting the rest of the bail out money. Its better to loot the money and pay tax on it than not loot it in a Bankers eyes.
The second collapse will destroy that recovery “green shoots” bull Crap.Its just about to start……..the “9″ year of the Decade chart helps view the timing for that…