Thursday 4 November 2010

BLINDNESS !

Considering the dire economic indicators that have developed in recent months, there seems to be an astonishing sense of optimism and confidence in both commercial and consumer markets.

There is aparent growth, an improving consumer sentiment index, range-trading stockmarkets accross the globe, robust retail figures and a general acceptance that the economic maelstrom of the last 2 years has largely concluded. Other than a few general worries about public sector job security, populations accross the globe are slowly drowning in their own complacency without any knowledge of what is to come.

The coordinated financial acts perpetrated by governments around the world are screening us from the tsunami that is sure to follow.

Worldwide zero (or near zero) interest rate policies are making it all but impossible for the capitalist elite to make any serious money.

Countries around the world are continually devaluing their own currencies in order to gain marginal competitive advantages over their trading partners. The currency war is already in full swing.

Merchant bankers, investment banks and stockbrokers across the globe are migrating away from traditional stocks, shares and financial derivatives and putting all of their focus on COMMODITIES.

Gold is trading far higher than ever before and that is a worrying sign in itself. But that safe haven is pure vanity in this new world order.

City traders are switching in their droves to cash crop commodities and much more worrying, cash crop futures and derivatives.

In just 3 months these commodities have risen as follows:

Cotton +66%
Sugar +68%
Soyabeans +23%
Rice +29%
Oats +31%

These price rises are only turning in gains for brokers and other city traders. The producers, farmers and distributors see nothing of these gains.

These price rises will be feeding into the general economy over the next few weeks and months and will affect all of us but in particalar, the third world who will be completely priced OUT.

The prices for these commodities traditionally followed a supply and demand financial model and were influenced only by crop failures, physical wars and natural disasters.

The new world order sees these products merely as trading options.

How long will we allow this to develop and will we allow it to develop into the next global crisis.

WAKE UP !

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