Wednesday, October 12, 2011

October 12, 2011 Edition of the Stateside Report


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1 comment:

Worldly Trader said...

I have just finished the September/October 2011 "Under the Rocks" report and I wanted to comment on the current end of world scenario,"2012" that you briefly mentioned in your report. This end of the world prophecy is supposedly based on the fact that the ancient Mayan calendar ends with the year 2012 in our measurement of time. Now according to author and lecturer, Ian Xel Lungold, the final year of the Mayan calendar does not mean the end of the world it just means there is a paradigm shift from one way of life or world to the next.

I thought I would mention this,because it seems that some people are quaking in their boots worrying about the end of world next year. It odd that these end of world dramas seem to happen just before a major move in the financial markets. Y2K happened before a major move in real estate and the bottom in the precious metals market. The Harmonic Convergence happened from August 16-17, 1987, just before the tech and dotcom bubbles got started.

I guess the lesson here is that people can think world can end for any reason, but in terms of market psychology these events may be great indicators of major moves in markets. The tech and dotcom bubble lasted about five years from 1995-2000. The real estate bubble ran about five years from 2001-2006. The gold and commodities bull market started its uptrend in about 2004-2005. During these end of world scenarios people panic and dump their investments then head for the hills. When the whole thing does not pan out they get optimistic about life again and return to investing in a big way.

The Mayan Calendar lecture by Ian Xel Lungold is in two parts. Though it may be a bit new agey for some, I think it is still worth watching.

Part 1: http://video.google.com/videoplay?docid=-8689261981090121097&q

Part 2: http://video.google.com/videoplay?docid=-567329528148516232&q

October 13, 2011 at 6:01 PM

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