1.242 EUR/USD

1.242 "Street" may be the important level to watch now.

No big deal, the 1.242 ratio would simply get the planet back to the start of the Ben Bernanke "printing press monopoly" syndrome.

Of course, all the banks will be worthless by then because they took on way-too-much additional risk with your "real" money (currency).

Oh well, economics is economics. Sometimes the stupid are as the stupid do.

MF Global $1.2B "Gone"

The C.N.B.C. says no big deal. Gone is gone.

But that's kind of like saying the planet just lost 200T KWH of energy from the Hoover "dam" and it is simply GONE, i.e. it didn't go anywhere.

Ah... well... ah... probably someone simply , made it kind of... well... ah... kind of... a ... HARDER TO FIND!

Dah.

Crooks are crooks. Do not "forget" the crooks as the Consortium communicates. When is fraud "fraud" and when is it legal?

Shorting Instructions for US Equities

1. Short immediately.

2. Do this intelligently with low risk per our derivative rules.

3. Allow yourselves enough time, e.g. Jan12 expiration or later.

4. WATCH the EUR/USD overnight, the insti's will try their best to raise the ratio.

5. If the ratio continues lower, the banks will be forced to sell everything but the proverbial kitchen sink.

Consortium Currency News (C.N.B.C.) - Occupy Wall Street

Here is the direct and official communication from "Wall Street" -

1. This quarter (fiscal Q) will be the BEST RISING quarter in the history of the planet Earth.

2. Nobody cares about the EUR/USD collapse. In fact, NO ONE was anticipating PRINTING PRESS CRIMES regarding the US Dollar from the FOMC Minutes today. The "info" was "incorrect" and crimes were NOT committed - ooops.

3. The banks are all fine. They will prosper in January(!!)

HAHAHAHAHAHAHAHA HA HAHAH AH HAHA HA HAHAHAA AAAHHHHHAH HAHAHAHAHAHAHA!!

Buy gold on the dips. Sell equities before you become just another victim.

Worldwide Financial Collapse

Per our 11/26 post, Wed. morning could be that single US morning that reminds us of 2008 in the fourth Q.

The EUR/USD has fallen so far and so sharply at the "disappointment" about the US not participating in FUNDING the worldwide currency collapse for now that lots of things could happen, e.g. US banks being forced to commit crimes -or- instead to sell everything they own at a loss and to then default on YOU(!) Uggg

Well, the institutions put themselves and your money in that predicament, not YOU! Best wishes!!

If not Wed. let's hope it's not simply Thur. instead.

EUR/USD - Bank and Institutional Collapse

On 11/21 we defined 1.312 Street.

The ratio is nearly there. Per 11/21, the next stop is a bad one.

SERIOUSLY if the ratio drops below 1.312 the banks have only three choices:

1. Bankruptcy (with YOUR money, not theirs)
2. Falsifications leading to possible PRISON time -or-
3. Super money printing by Benny B.

OR...??? Of course, the insti's could in fact simply 'leverage' YOUR money even MORE and play the game of "double-or-nothing"... Of course, it would be YOUR nothing.

Be careful!

How to Trade for US-Friday

Lets see:

1. EU meets. Worthless, but politicians will try to say something to help markets believe the "Euro-Zone" has a value. It does not, but they will say it does. News sources, paid by bond holders for "ads" will try to convince everyone that the Euro-Zone is trustworthy.

2. It is possible that people believe everything on Friday and US Equities trend way up... ha ha. If so, be ready to short and take their money.

3. Especially if the market goes way up prior to the weekend, short. Or, buy put spreads as we have shown to limit risk, etc., but effectively short.

4. If the market goes down Friday, especially significantly, then do nothing because it will decline further soon.

5. Watch the price of GOLD carefully and determine for yourselves whether the WW Markets perceive the USD is strong or whether they perceive currencies are trash.

6. Look for opportunities on Friday in GOLD and EUR/USD = US Equity Indices.