The Panic Starts
By Jim Sinclair
1-18-8

There is no doubt the Fed and the PPT [Plunge Protection Team] are
meeting right now. A drop of over 300 points on the Dow after the
Chairman of the Federal Reserve speaks publicly presages a 1000 point
break in the Dow Jones Industrial Average coming quite quickly, if not
tomorrow.

Unless the equity markets can be calmed, a panic is about to happen,
making the statement "This is it" a horrible reality.

If the equity markets cannot be calmed then:

Recognize this is the Formula happening like everything else much
sooner and much bigger in its implications than anticipated. Gold will
rise to $1650 as an almost immediate effect of what will be done to
attempt to fend off a total panic starting to take place in general
equities, therein threatening to be followed by all credit markets of
all kinds. The funds and hotshot short term traders in gold shares
will be killed by the upward explosion of the gold price about to
occur.

The PPT and the Fed will step out of gold's way because gold is one of
the tools used in 1930 by Roosevelt and in 2000 by Bush. It will be
used again now on the upside. Gold is the only insurance there is
against what all this means because a panic in equities will blow the
financial system, already coming apart, to smithereens. All country
funds would shut down on any further investments in "at the wall"
financial institutions. The rollover in credit and default derivatives
would exceed the entire foreign debt of the USA. The rest of the $450
trillion dollar mountain of derivatives would start a disintegration
like nothing you have every seen in your lifetime.

Consumer demand would slam shut. The auto industry might as well go
into liquidation this coming Monday, avoiding the June 2008 rush. The
US dollar would burn a hole in the floor going directly to .5200 or
lower. As the dollar disintegrates gold would rocket to and through
$1650 in days. The markets for general equities would all have to
institute total trading halts every 100 points on the downside for 30
minutes each. All commercial call loans would be called. All debtors
one day late on any payment, lacking grace period, would be
liquidated. All debtors over one day of the grace period would be
liquidated. It is clearly visible to anyone with eyes or a mind to
think that the PPT has lost all semblance of control in the equity
markets and will soon in all remaining markets. The commercial paper
credit market which is almost dead will die totally. Should no
emergency action take place soon, you will see an old fashioned panic
of the 1929 variety. Just as emotional fools sell gold and gold
shares, be assured that more emotional general equity fools will
unload and bring the averages down more than ever in history in one
day.

Recognize this is the Formula happening like everything else much
sooner and much bigger in its implications than anticipated. Emergency
action will be all splash and theatrics but truthfully the cat is out
of the bag. It buys some time but corrects nothing. It makes the
Formula 100% correct. There now must be EMERGENCY ACTION because the
Chairman of the Fed has BOMBED OUT PUBLICLY and a PANIC is about to
occur. Expect EMERGENCY ACTION in days, not weeks.

If you have not protected yourself, you may only have days to do so
now.

http://jsmineset.com/>http://jsmineset.com/

On Jan 18, 10:34 am, knews4u2c...@yahoo.com wrote:



The Panic Starts
By Jim Sinclair
1-18-8

There is no doubt the Fed and the PPT [Plunge Protection Team] are
meeting right now. A drop of over 300 points on the Dow after the
Chairman of the Federal Reserve speaks publicly presages a 1000 point
break in the Dow Jones Industrial Average coming quite quickly, if not
tomorrow.

Unless the equity markets can be calmed, a panic is about to happen,
making the statement "This is it" a horrible reality.

If the equity markets cannot be calmed then:

Recognize this is the Formula happening like everything else much
sooner and much bigger in its implications than anticipated. Gold will
rise to $1650 as an almost immediate effect of what will be done to
attempt to fend off a total panic starting to take place in general
equities, therein threatening to be followed by all credit markets of
all kinds. The funds and hotshot short term traders in gold shares
will be killed by the upward explosion of the gold price about to
occur.

The PPT and the Fed will step out of gold's way because gold is one of
the tools used in 1930 by Roosevelt and in 2000 by Bush. It will be
used again now on the upside. Gold is the only insurance there is
against what all this means because a panic in equities will blow the
financial system, already coming apart, to smithereens. All country
funds would shut down on any further investments in "at the wall"
financial institutions. The rollover in credit and default derivatives
would exceed the entire foreign debt of the USA. The rest of the $450
trillion dollar mountain of derivatives would start a disintegration
like nothing you have every seen in your lifetime.

Consumer demand would slam shut. The auto industry might as well go
into liquidation this coming Monday, avoiding the June 2008 rush. The
US dollar would burn a hole in the floor going directly to .5200 or
lower. As the dollar disintegrates gold would rocket to and through
$1650 in days. The markets for general equities would all have to
institute total trading halts every 100 points on the downside for 30
minutes each. All commercial call loans would be called. All debtors
one day late on any payment, lacking grace period, would be
liquidated. All debtors over one day of the grace period would be
liquidated. It is clearly visible to anyone with eyes or a mind to
think that the PPT has lost all semblance of control in the equity
markets and will soon in all remaining markets. The commercial paper
credit market which is almost dead will die totally. Should no
emergency action take place soon, you will see an old fashioned panic
of the 1929 variety. Just as emotional fools sell gold and gold
shares, be assured that more emotional general equity fools will
unload and bring the averages down more than ever in history in one
day.

Recognize this is the Formula happening like everything else much
sooner and much bigger in its implications than anticipated. Emergency
action will be all splash and theatrics but truthfully the cat is out
of the bag. It buys some time but corrects nothing. It makes the
Formula 100% correct. There now must be EMERGENCY ACTION because the
Chairman of the Fed has BOMBED OUT PUBLICLY and a PANIC is about to
occur. Expect EMERGENCY ACTION in days, not weeks.

If you have not protected yourself, you may only have days to do so
now.

http://jsmineset.com/>http://jsmineset.com/

And today's view from overseas.http://www.guardian.co.uk/commentisfree/story/0%2C%2C2242822%2C00.html

On Jan 18, 10:59 am, knews4u2c...@yahoo.com wrote:
On Jan 18, 10:34 am, knews4u2c...@yahoo.com wrote:

The Panic Starts
And today's view from overseas.
As goes California so goes....

knews4u2chew@yahoo.com> wrote
On Jan 18, 10:59 am, knews4u2c...@yahoo.com wrote:
On Jan 18, 10:34 am, knews4u2c...@yahoo.com wrote:

The Panic Starts
And today's view from overseas.
As goes California so goes....




We're about where we were in October 2006.

Will it go down more? Probably.

Will it go up more? More than likely we'll see higher numbers in the DOW,
but not for another year or more.

Five years from now we'll see much higher DOW numbers than today.

No doubt but will the numbers in five years represent
greater value than in January 2000?

"Curly Surmudgeon" <Curly.is.not@home.com> wrote
No doubt but will the numbers in five years represent
greater value than in January 2000?




Compared to what?

On Fri, 18 Jan 2008 16:22:18 -0500, Paul Thomas, CPA wrote:


"Curly Surmudgeon" <Curly.is.not@home.com> wrote
No doubt but will the numbers in five years represent
greater value than in January 2000?




Compared to what?

Real value. Pick your favorite commodity indicator. Gold, platinum,
silver, corn, pork bellies, beef, iron ore, median home price, etc.

On Jan 18, 10:59 am, knews4u2c...@yahoo.com wrote:





On Jan 18, 10:34 am, knews4u2c...@yahoo.com wrote:

The Panic Starts
By Jim Sinclair
1-18-8

There is no doubt the Fed and the PPT [Plunge Protection Team] are
meeting right now. A drop of over 300 points on the Dow after the
Chairman of the Federal Reserve speaks publicly presages a 1000 point
break in the Dow Jones Industrial Average coming quite quickly, if not
tomorrow.

Unless the equity markets can be calmed, a panic is about to happen,
making the statement "This is it" a horrible reality.

If the equity markets cannot be calmed then:

Recognize this is the Formula happening like everything else much
sooner and much bigger in its implications than anticipated. Gold will
rise to $1650 as an almost immediate effect of what will be done to
attempt to fend off a total panic starting to take place in general
equities, therein threatening to be followed by all credit markets of
all kinds. The funds and hotshot short term traders in gold shares
will be killed by the upward explosion of the gold price about to
occur.

The PPT and the Fed will step out of gold's way because gold is one of
the tools used in 1930 by Roosevelt and in 2000 by Bush. It will be
used again now on the upside. Gold is the only insurance there is
against what all this means because a panic in equities will blow the
financial system, already coming apart, to smithereens. All country
funds would shut down on any further investments in "at the wall"
financial institutions. The rollover in credit and default derivatives
would exceed the entire foreign debt of the USA. The rest of the $450
trillion dollar mountain of derivatives would start a disintegration
like nothing you have every seen in your lifetime.

Consumer demand would slam shut. The auto industry might as well go
into liquidation this coming Monday, avoiding the June 2008 rush. The
US dollar would burn a hole in the floor going directly to .5200 or
lower. As the dollar disintegrates gold would rocket to and through
$1650 in days. The markets for general equities would all have to
institute total trading halts every 100 points on the downside for 30
minutes each. All commercial call loans would be called. All debtors
one day late on any payment, lacking grace period, would be
liquidated. All debtors over one day of the grace period would be
liquidated. It is clearly visible to anyone with eyes or a mind to
think that the PPT has lost all semblance of control in the equity
markets and will soon in all remaining markets. The commercial paper
credit market which is almost dead will die totally. Should no
emergency action take place soon, you will see an old fashioned panic
of the 1929 variety. Just as emotional fools sell gold and gold
shares, be assured that more emotional general equity fools will
unload and bring the averages down more than ever in history in one
day.

Recognize this is the Formula happening like everything else much
sooner and much bigger in its implications than anticipated. Emergency
action will be all splash and theatrics but truthfully the cat is out
of the bag. It buys some time but corrects nothing. It makes the
Formula 100% correct. There now must be EMERGENCY ACTION because the
Chairman of the Fed has BOMBED OUT PUBLICLY and a PANIC is about to
occur. Expect EMERGENCY ACTION in days, not weeks.

If you have not protected yourself, you may only have days to do so
now.

http://jsmineset.com/>http://jsmineset.com/

And today's view from overseas.http://www.guardian.co.uk/commentisfree/story/0%2C%2C2242822%2C00.html

As goes California so goes....http://www.ft.com/cms/s/0/fc4bacb2-c51e-11dc-811a-0000779fd2ac.html?n...- Hide quoted text -

- Show quoted text -

knews4u2c...@yahoo.com> wrote

On Jan 18, 10:59 am, knews4u2c...@yahoo.com wrote:
On Jan 18, 10:34 am, knews4u2c...@yahoo.com wrote:
The Panic Starts
And today's view from overseas.
As goes California so goes....

We're about where we were in October 2006.

Will it go down more?  Probably.

Will it go up more?  More than likely we'll see higher numbers in the DOW,
but not for another year or more.

Five years from now we'll see much higher DOW numbers than today.

--
Have no fear of perfection - you'll never reach it.
----------
Paul A. Thomas, CPA

On Fri, 18 Jan 2008 14:30:40 -0500, Paul Thomas, CPA wrote:

knews4u2c...@yahoo.com> wrote
On Jan 18, 10:59 am, knews4u2c...@yahoo.com wrote:
On Jan 18, 10:34 am, knews4u2c...@yahoo.com wrote:

The Panic Starts
And today's view from overseas.
As goes California so goes....

We're about where we were in October 2006.

Will it go down more?  Probably.

Will it go up more?  More than likely we'll see higher numbers in the DOW,
but not for another year or more.

Five years from now we'll see much higher DOW numbers than today.

No doubt but will the numbers in five years represent greater value than
in January 2000?

-- Regards, Curly
------------------------------------------------------------------------
               http://feeds.feedburner.com/SL/thegreen
------------------------------------------------------------------------- Hide quoted text -

- Show quoted text -

"Curly Surmudgeon" <Curly.is....@home.com> wrote

No doubt but will the numbers in five years represent
greater value than in January 2000?

Compared to what?

There's no doubt that the January 2000 stock prices were much higher than
the values of the companies.  Look what happened in early 2000, by March or
so.  The market tanked to correct for the inflated stock price to value of
the underlying company.

People were probably focused on Y2K and not watching or caring about the
soundness of the business they were investing in, the price to equity ratios
of the company, etc and so on.

I don't see that we're at that type of spread in value to price, at least
not in the dollar amounts and not for the reason that the stock is over
priced due to speculation.  It's higher, by some amount, because the company
values dropped due to the global economic downturn.

Stocks will most likely struggle for another year, or 18 months, then start
their tic upward as business picks up in 09.  If anything, it's time to buy
this summer, and hold for 12 months or more.

--
"For those who believe, no explanation is necessary.  For
those who do not, none will suffice." - Joseph Dunniger

Paul A. Thomas, CPA
Athens, Georgia

"Curly Surmudgeon" <Curly.is....@home.com> wrote in message

news:47911525$0$3312$a82e2bb9@reader.athenanews.com...





On Fri, 18 Jan 2008 14:30:40 -0500, Paul Thomas, CPA wrote:

knews4u2c...@yahoo.com> wrote
On Jan 18, 10:59 am, knews4u2c...@yahoo.com wrote:
On Jan 18, 10:34 am, knews4u2c...@yahoo.com wrote:

The Panic Starts
And today's view from overseas.
As goes California so goes....

We're about where we were in October 2006.

Will it go down more?  Probably.

Will it go up more?  More than likely we'll see higher numbers in the
DOW,
but not for another year or more.

Five years from now we'll see much higher DOW numbers than today.

No doubt but will the numbers in five years represent greater value than
in January 2000?

That is a yes with about an 80% certainty. In 10 years it will be a yes with
100% certainty. It has a better than even chance of being higher by the end
of this year.- Hide quoted text -

- Show quoted text -

On Fri, 18 Jan 2008 14:30:40 -0500, Paul Thomas, CPA wrote:


knews4u2chew@yahoo.com> wrote
On Jan 18, 10:59 am, knews4u2c...@yahoo.com wrote:
On Jan 18, 10:34 am, knews4u2c...@yahoo.com wrote:

The Panic Starts
And today's view from overseas.
As goes California so goes....




We're about where we were in October 2006.

Will it go down more? Probably.

Will it go up more? More than likely we'll see higher numbers in the
DOW,
but not for another year or more.

Five years from now we'll see much higher DOW numbers than today.

No doubt but will the numbers in five years represent greater value than
in January 2000?

On Fri, 18 Jan 2008 14:30:40 -0500, Paul Thomas, CPA wrote:


knews4u2chew@yahoo.com> wrote
On Jan 18, 10:59 am, knews4u2c...@yahoo.com wrote:
On Jan 18, 10:34 am, knews4u2c...@yahoo.com wrote:

The Panic Starts
And today's view from overseas.
As goes California so goes....




We're about where we were in October 2006.

Will it go down more? Probably.

Will it go up more? More than likely we'll see higher numbers in the
DOW,
but not for another year or more.

Five years from now we'll see much higher DOW numbers than today.

No doubt but will the numbers in five years represent greater value than
in January 2000?