Twelfth Bough

i run my own damn think tank

Archive for February 11th, 2009

from george ure

Feb 11

Posted by Marlena in Economy | No Comments

A reader sends this timing note:

“I don´t know if anybody follows this, but there is something called the “Economic Pi Cycle” which was developed by Martin Armstrong. The predictions based on this model were astonishing.

The last time I “used” it was “2007.15″ (02/27/07). Two weeks before that date, I sold everything … accumulated Gold and fled into German Bunds. Everybody thought I was nuts (I might have been.) My wife thought I was nuts, but since my investment decisions had brought us double digit returns every year she let me do. In the 02.27.2007 … the full day nothing really happened and I went to bed at about 21:30 thinking that I really had gone mad. Next morning I read the newspaper and read that Asian Stock markets had collapsed … Greenspan had just said that the US was going to enter a recession … and the first bank did a first massive write off. You can´t imagine how shocked I was.

The intersting thing about telling this, is that the next day in the model is approaching. The model is very similar to the elliot wave theory, only it is based on a much wider time frame and has a multitude of waves operating simultaneously. The next date is 2009.3 which equates to 04.23.2009. According to the model something is going to collapse .. the collapse will be monumental … it is one of these things where we do not know what .. but when and in which direction … Confidence of the next 3 years is going to be shattered to levels unknown to our generation.

Make what you want of it ….”

I too am a fan of Armstrong’s work. As I read it, he’s such a dangerously accurate guy in his work that he ended up being locked up for seven years on contempt charges and after the government finally got a guilty plea out of him in 2007, gave him 5-years, so he will be out in either 2011 or 2012, not sure how the ‘good behavior’ thing works with the federal corrections system.

Tzipi better have her tires checked

Feb 11

Posted by Marlena in Israel | 11 Comments

Another nail-biter election. What is up with that? This AP story says that no matter who comes out on top, the political wrangling will go on for weeks. In my book, a positive development. That gives the world time to let the dust settle in Gaza. Maybe the Hague will be able to investigate all those war crimes committed against the Palestinians. Despite all the evidence, this issue has been stalled because of the legal definitions of statehood, but the next few weeks could be enough to iron that out. If so, the war crimes charges would keep Israel off-balance.

The issue has raised the question of whether Palestinian officials hope to obtain an implicit recognition of statehood through the court.

The court “will not use the term statehood,” said a legal expert close to the case who asked not to be named because the issue was still being decided. “The court will avoid defining whether Palestine is a state. The decision will be only if Palestine can be admitted for the purposes of the court statute.”

The Palestinian officials visiting The Hague in coming days are expected to try to demonstrate that they have been allowed to sign other international treaties and conventions and can therefore be accepted as a party to the 1998 Rome Treaty that founded the court.

Uncertainty in the Israeli elections also allows some breathing room for US negotiations with Iran. And it allows our economic situation to deteriorate in the comfort of our own living rooms. Silver linings, people. Silver linings. A few weeks is an eternity in the present time-warp we live in.