In Response To: Re: New 2-year low for NASDAQ at market close (hobie)

First Hobie,

I love your articles, and read every one. I laugh your sometimes humorous objectivity, eclipsed only by your obvious intellect and knowledge; especially concerning the market.

Yes, that was an inside tip for what it's worth from a reliable source; but that's all. With such wizard money managers as the Japanese on the edge of collapse, second only to the Swiss; I am keeping a watchful eye. Friday, this information was "Bear Honey," the boys on the "street" were watching and reacted. It could percipitate a "Domino" effect with world wide collapse too, so it's anyone's quess. You notice the Swiss are not in the UN or EU -- smart cookies!!!

I would tell everyone to prepare for the worst, and if doesn't come, that's fine. Pay off those credit cards, stay out of debt, keep a hefty cash position, don't buy on margin. If you just can't resist staying in the market, or want to move somethng, then put some in Gold.

I anticipate war in the Mid East by April if not before. This could cause some inflation as a result of oil shortages and higher oil prices. I think Gold closed around 274/oz. Friday. This is a no load mutual fund with no minimum
(READ THE PERSPECTUS)http://www.tocqueville.com/funds/gold.shtml

Barry Chamish, an authority on Mid East affairs, and who always seems to know what is going on, made that statement. Joel Skousen also an authority agrees with him, but says it will be localized, because the Arabs are waiting for missals to be up and running. Of course China is already in Iraq helping that come to fruition. It could also be as the visionaries are saying the beginning of WWIII.

China does a have computer virus capable of taking out military and corporate computers, and causing a total world wide disaster in the near future. I heard this on the radio, from a computer espionage specialist; and this "Internet Warfare" is suppose to last for the next 10 years. They are working on a totally different system which can't be hacked. So, I would urge everyone to make hard copies of everything important, or transfer it to a CWCD in case your computer goes down, and wipes out all of your information.

Joel also said (as did the visionaries) we will be bombed by Russia. They want to knock us out, so that we will be dependent on the UN for support, and "no longer an independent nation." People will opt for security over sovernigity. This part of the CFR (NWO-New York think tank) who determines world policy, who goes to war, who doesn't, and everyone's destiny. Of course Kissinger is an officer, Sharon reports to him; and they meet every Saturday, according to Barry. Barry was a friend of Sharon, so maybe he has an inside tract?

Then there will be war between Russia and China for dominance. Russia only has only about 5 years to attack China. If she waits 10years, it will be too late, because by then China will be more powerful than Russia.

This is so important, I will make a new post. http://www.joelskousen.com/World/sample.html

: Did you know?

: The Russians are building tremendous new nuclear/biological
: and chemical weapons systems--all with the assistance of US
: technology transfers. They are deploying on average, 3 new
: Topol-M 6th generation ballistic missiles per month. We
: built our last MX over 10 years ago, and are disarming
: unilaterally. Further, the Russian are building huge
: underground nuclear bunkers and weapons production
: facilities in the Ural Mountains, clearly intended to
: function during a nuclear war. The US intelligence
: community (under both Republican and Democratic
: administrations) knows this and are actively covering for
: the Russians, so the American people won’t become alarmed.

: Both Republican and Democratic administrations have been
: supplying the Chinese with high technology weapons systems
: for years, knowing that they, in turn, are supplying other
: enemies (Iran, Iraq, Pakistan, North Korea) as well. Both
: Russia and China continue to protest against any US
: anti-ballistic missile system, even though such systems are
: purely defensive. It doesn’t take a genius to understand
: that ABM systems only threaten someone who intends to
: launch ballistic missiles someday.

: President Clinton directed our military to absorb a nuclear
: first strike rather than “launch on warning” (our only true
: deterrent to a first strike) and to prepare to “retaliate”
: afterward. That first strike will take down all command and
: control, all bombers (since none are on alert), most
: missiles, and all satellite and submarine communications.

: According to the House Armed Services Committee, the following
: reductions have taken place during the Clinton
: Administration: Strategic and General Purpose Forces from
: 1990 to 1997: B-52 Bombers have gone from 220 to 56. B-1
: Bombers from 90 to 60; Strategic Defense Interceptor
: Aircraft from 36 to 0; and Army Divisions (1990 to 1997)
: have gone from 18 Active down to 10. Reserve divisions have
: gone from 10 to 8. Army Brigades (1990 to 1997) have
: declined from 8 Active to 3 and Reserve brigades have gone
: down from 27 to 18.

: Joel Skousen's World Affairs Brief attempts to track the
: insider moves underlying the major stories you hear each
: week. The WAB is not a primary news source--but rather, the
: best source of news analysis. Joel's purpose and strong
: point is to help you see how world and national events are
: shaping up in accordance with the secret agendas of men and
: groups who control government. The World Affairs Brief puts
: together the probable set of intentions and motives of the
: power elite by inductively cataloging their specific
: actions over time.

: Home Page: http://www.joelskousen.com

: Hot Issues - Israel Affairs
: http://www.joelskousen.com/hotissues.html

: World Affairs
: http://www.joelskousen.com/World/sample.html