Medical marijuana on cnbc
Sunday, December 28, 2008
1) Gerald Celente on Jeff Rense Show 12/2008
1) Gerald Celente US Trends 2009 PART 1 of 5 - 12/2008
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Saturday, December 27, 2008
Lou Dobbs: Major Public Concerns Of Martial Law In The U.S. & Army Denies Claims
This aired on Lou Dobbs Friday, Oct 24th 2008. There has been so much legislation passed since 9/11 to get complete control over the U.S. Anyone can google the references in this video and find the truth for themselves. We have been under Martial Law incrementally since 9/11.
H.R. 1955: The Violent Radicalization and Homegrown Terrorism Prevention Act
For those who haven't seen it, here is a snippet from the Bill, which is actually legislation that is set to amend Title VIII of the Homeland Security Act of 2002 (6 U.S.C. 361 et seq.). So, part of the Bill amends the Act by including... (note subsection (3) in this...so we should all be wary of this now being the first (or, rather, next big) step in necking down Internet freedom)
`SEC. 899B. FINDINGS.
`The Congress finds the following:
`(1) The development and implementation of methods and processes that can be utilized to prevent violent radicalization, homegrown terrorism, and ideologically based violence in the United States is critical to combating domestic terrorism.
`(2) The promotion of violent radicalization, homegrown terrorism, and ideologically based violence exists in the United States and poses a threat to homeland security.
`(3) The Internet has aided in facilitating violent radicalization, ideologically based violence, and the homegrown terrorism process in the United States by providing access to broad and constant streams of terrorist-related propaganda to United States citizens.
`(4) While the United States must continue its vigilant efforts to combat international terrorism, it must also strengthen efforts to combat the threat posed by homegrown terrorists based and operating within the United States.
`(5) Understanding the motivational factors that lead to violent radicalization, homegrown terrorism, and ideologically based violence is a vital step toward eradicating these threats in the United States.
`(6) The potential rise of self radicalized, unaffiliated terrorists domestically cannot be easily prevented through traditional Federal intelligence or law enforcement efforts, and requires the incorporation of State and local solutions.
`(7) Individuals prone to violent radicalization, homegrown terrorism, and ideologically based violence span all races, ethnicities, and religious beliefs, and individuals should not be targeted based solely on race, ethnicity, or religion.
`(8) Any measure taken to prevent violent radicalization, homegrown terrorism, and ideologically based violence and homegrown terrorism in the United States should not violate the constitutional rights, civil rights and civil liberties of United States citizens and lawful permanent residents.
`(9) Certain governments, including the United Kingdom, Canada, and Australia have significant experience with homegrown terrorism and the United States can benefit from lessons learned by those nations.
FYI--- terrorism = dissent
YouTube - Lou Dobbs: Major Public Concerns Of Martial Law In The U.S. & Army Denies Claims
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Thursday, December 25, 2008
Wednesday, December 24, 2008
US Army ready to arrest you after economic collapse
lets all thank george bush for destroying posse comitatus and making it legal to be arrested and harassed by the military. NEXT STEP: UNITED NATIONS MILITARY FROM OTHER COUNTRIES ARRESTING YOU AND TAKING YOU TO CAMP. BE SURE to check out my section on marshal law. -st0ckman
Last updated: 3:51 am
December 23, 2008
Posted: 2:57 am
December 23, 2008
ARE you afraid that the eco nomic downturn could get out of hand? I mean, really out of hand?
Well, don't worry.
The US Army War College is on the case - ready to handle "unforeseen economic collapse" and the "rapid dissolution of public order in all or significant parts of the US."
And you thought we were just dealing with a recession!
In a report published Nov. 4 - just in time for the holiday season - the War College's Strategic Studies Institute posited a number of shocks that the country should be prepared for, including unrest caused by the economy's failure.
The report has a snappy title, "Known Unknowns: Unconventional 'Strategic Shocks' in Defense Strategy Development," and was written by Nathan Freier, a visiting professor at the college. The foreword was written by Col. John A. Kardos, director of the Peacekeeping and Stability Operations Institute.
Freier lists a number of possible things we should worry about - because we probably don't have enough of our own - including run-of-the-mill terrorism and the fact that China and Russia could align against us politically and economically.
"Some of the most plausible defense-relevant strategic shocks remain low-probability events," Freier soft-pedals before going on to scare the hell out of us.
The War College says "widespread civil violence inside the US would force the defense establishment to reorient priorities in extremis to defend basic domestic order and human security."
Among things Freier wants us to worry about are "deliberate employment of weapons of mass destruction. . . unforeseen economic collapse, loss of functioning political and legal order, purposeful domestic resistance or insurgency and catastrophic natural and human disasters."
Oh, and by the way, have a Merry Christmas!
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Sunday, December 21, 2008
Present Economy worse than Depression
10/21/08: PBS NEWS HOUR Interview with Nassim Nicholas Taleb, famous economist and author of "The Black Swan" and Dr. Mandelbrot, professor of Mathematics. Both say that the present economy more serious than the Great Depression, and the economy during the American Revolution.
Friday, December 19, 2008
YouTube - Gerald Celente Economic Update 12/18/08 pt. 1
Gerald CELENTE ON COAST TO COAST 12-18-08 4 PARTS
2
http://www.youtube.com/watch?v=VfCZmR3reIQ
3
http://www.youtube.com/watch?v=klQFow3DK4Y
4
http://www.youtube.com/watch?v=pv-g0yX_iB0
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Wednesday, December 17, 2008
The oppression of energetic balancing
another great article by dr. jeff sutherland. imo dr. sutherland is one of the most advanced energetic balancing researchers out there today. -st0ckman
In the 1980’s, after spending many years as a professor at the University of Colorado School of Medicine, it was clear that drug technology is a 1940’s technology that will not take us into the future. Suppression of innovation in medicine by business interests has assured that we will not have the technology of the future until enough people die unnecessarily that people start demanding something different. For example, I recently suggested to a physician at one of the world's largest non-profit organizations trying to eradicate tuberculosis and malaria that they try some frequency work. I was told if they experimented with frequency devices they would lose all their grants. Innovation is being systematically suppressed by your government and your physicians are living in fear of losing their livelihoods.
Imagine if IBM has been able to suppress chip innovation. We would have to build a laptop with vacuum tubes and use a truck to haul it around. This is the situation we are in with drugs. Innovation in electronics can completely replace drugs. The healing tool of the future will be our laptop or smartphone. It will have a database for frequency transmission that can emulate any drug. Frequency Foundation is already using technologies that detect and prevent disease before you even know you have it.
It would be an excellent idea to experiment with and gain an understanding of how to use the tuberculosis frequencies with the many Rife technologies widely available on the market. Because about 1/3 of the population has latent infections with tuberculosis organisms, you may need to eliminate a ticking time bomb that can erupt when your immune system is suppressed for any reason.
full article:
Dr. Jeff Sutherland's Electronic Medicine: XDR-TB: Tuberculosis Frequencies Version 2.0
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IMF chief issues stark warning on economic crisis |in advanced nations
- guardian.co.uk, Tuesday 16 December 2008 09.24 GMT
- Article history
The head of the International Monetary Fund urged governments to step up action to stem the global economic crisis or risk delaying a recovery and sparking violent unrest on the streets.
Using a speech last night in Madrid to issue his stark warning, Dominique Strauss-Kahn argued that government efforts to tackle the economic downturn so far have been uncertain and largely insufficient, which could lead to severe consequences. He singled out the eurozone nations as he attacked the inadequate global response.
His hard-hitting coments came as fears of a prolonged slumped intensified after China showed signs that its economy could be in more trouble than initially expected next year. Factory output in the rapidly growing economy registered the weakest growth in almost a decade last month.
The IMF's managing director said such news signalled that a world recovery may not take place until late next year or into 2010 unless swift action is taken.
"A lot remains to be done, and if this work is not done it will be difficult to avoid a long-lasting crisis that everyone wants to avoid," he said.
Governments in leading economies have been called upon by the IMF to commit a combined 2% of global GDP, equivalent to £1.075bn, to try combat the dangers of a global recession. But the IMF chief blamed governments, saying they were unwilling or unable to use more public funds to jump-start economic activity.
"If we are not able to do that, then social unrest may happen in many countries - including advanced economies," Strauss-Kahn said.
He added that violent protests could break out in countries worldwide if the financial system was not restructured to benefit everyone rather than a small elite.
Revealing his concerns of a deeper economic slowdown, he said that the IMF would probably cut world growth next year from its current forecast of 2.2%. He also predicted that China's once red-hot economy will rapidly run out of steam.
Full article:
IMF chief issues stark warning on economic crisis | Business | guardian.co.uk
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Medical Marijuana Act Passes NJ Panel
NJ just made medical marijuana legal joining michigan's recent legalization of the medical plant and Massachusett's decriminilization of small amounts of the miracle herb. there is also a FEDERAL bill to decriminalize marijuana possesion. if you have any doubts about medical marijuana and what it cures check out my previous post on rick simpson's run from the cure. -st0ckman
N.J. Senate Measure Would Allow Chronically Ill to Own Six Plants, 1 Ounce
TRENTON - New Jersey took a major step toward becoming the latest state to allow certain patients to use marijuana Monday, when the Senate's Health, Human Services and Senior Citizens Committee approved the Compassionate Use Medicinal Marijuana Act by a vote of 6-1.
Elise Segal, who testified in support of the legislation, said the committee's vote "really brings me to tears, not just for me as a someone suffering from multiple sclerosis, but as a registered nurse and for all the people that I've treated."
The Department of Health and Senior Services would register people with debilitating medical conditions, which would include cancer, glaucoma, HIV or AIDS, or other diseases that cause wasting, chronic pain, severe nausea, seizures, severe and persistent muscle spasms. The department then would issue a photo identity card and allow those registered to possess as many as "six marijuana plants and an ounce of usable marijuana," according to the bill.
As a result, the person would not be subject to arrest or penalty for the use of marijuana. Under the Controlled Substances Act, the U.S. Food and Drug Administration classifies marijuana as Schedule I, the most restrictive class of drugs.
The federal prohibitions will remain, but the bill's supporters said the overwhelming number of prosecutions are under state law, so it would lift most of the prohibitions.
The bill still bars people from operating a car, boat or airplane under the influence of marijuana. It also bans people from smoking marijuana on a school bus, public property or beach, or in a correctional institute or park.
The bill would also apply to patients younger than 18, but it requires a parent or guardian's informed approval.
A late amendment would also allow people to start Medicinal Marijuana Alternate Treatment Centers, which would dispense regulated marijuana.
The measure was first proposed in 2005, but Monday marked the first time a bill has cleared a state legislative committee. Thirteen other states have approved similar measures.
Testimony was a tug-of-war between advocates who testified how smoking marijuana can relieve pain and suffering and opponents who said the drug is dangerously untested and its partial legalization would increase crime and drug addiction.
Sen. Jim Whelan, D-Atlantic - who cosponsored the bill with Sen. Nicholas Scutari, D-Union, Somerset, Middlesex - said, "I think the consequences of not acting is far worse with all of the pain and suffering we have heard about here today."
Similarly, Sen. Bill Baroni, R-Middlesex, Mercer, the only Republican to vote in support, said after a weekend of consideration, "There is too much pain, too much hurt, too much suffering, and we can do something about it."
The hearing included Brent Zettl, president of Prairie Plant Systems Inc., of Saskatoon, Saskatchewan, who testified via video on the process the company uses to produce sterilized medicinal marijuana. He said a challenge in court essentially pushed the company into business, but now it covers 30 percent of the Canadian market.
Segal was also one of several patients who told senators how marijuana helps them in their fight against illness.
"I am able to relieve my multiple sclerosis symptoms, but I run the risk of being a criminal," Segal said. "You have the power to relieve my suffering."
Other New Jersey groups in support of the bill included the Academy of Family Physicians, League for Nursing, local chapters of the Leukemia and Lymphoma Society, and the Hospice and Palliative Care Organization.
Opponents of the measure questioned why people would be allowed to grow so many plants, how effective any smoked drug could be, and said there is too much uncertainty without FDA approval.
Joyce Nalepka, president of Drug-Free Kids: America's Challenge, said medicinal marijuana sends the message to children that harmful drugs are legal. She also said drug abuse has risen in states where marijuana is legal for medicinal purposes.
The committee approved the bill 6-1 with two abstentions. It now heads to the full Senate for a vote as early as January. A companion measure was introduced to the Assembly Health and Senior Services Committee in January.
NORML.ORG US NJ: Medical Marijuana Act Passes NJ Panel
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YouTube - John and Ken Interview Gerald Celente December 13, 2008 pt 1
Gerald Celente on the John and Ken Show. Celente talks about what to expect for 2009. Show aired on December 13, 2008.
YouTube - John and Ken Interview Gerald Celente December 13, 2008 pt 1
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Tuesday, December 16, 2008
View From the Floor: Fed Cut Won't Save the Day for Wall Street
the plain and simple fact is the rate cut will shun foreign investors from putting money in the united states. this is the beginning of a deflationary crash. the usa borrows over 3 billion per day to finance our debt. with higher interest rates in other countries why would you invest here? -st0ckman
Reasons for the economic meltdown
i know this might seem a little far fetched but this is exactly what has been planned for us. take the time to follow the links backing up this article. -st0ckman
Carolyn Harris
Infowars
December16, 2008
We all know economic depression here, and some of us have an inkling about what is coming. The governments vacillate between spewing gloom and doom and ridiculous ‘happy fun clown time’ gibberish at the great unwashed masses depending upon whether they want fools to buy into the stock market at that particular time to make certain fat cats even richer, or they want those fools to sell and lose almost everything.
The housing bubble has been popped, the stock market is crashing and pensions are being siphoned off minute by minute. It’s clear that gold is being manipulated at the same time the dollar is going down. The contortionate “credit instruments” and exotic book-keeping (what an oxymoron that is) methods of investment houses, bankers and large businesses have all happened in a top-down way on purpose. The more they ripped off the little guy the bigger their commission and bonus; it is a system that thrives, indeed lives off of insatiable greed. And the monsters near the top aren’t sweating one bit. They know what is happening and they know what is coming next.
The fiat currency house of cards is tumbling down because the international bankers just exhaled a puff of the expensive smoke from their Cuban Cohiba Behike cigar and blew on it. In other words, it was planned. It is time now for the next phase of their plan.
It’s high time someone put it all together, without focusing on individual trees. There is a reason that the system was set up this way; there is a reason why home loans were offered to folks who couldn’t possibly pay them back and there is a reason why this all happening.
Put succinctly, this is all part of the Agenda 21 plan. Look closely at the map and notice just how much land area are “little or no human activity” zones. Notice how the small towns have disappeared and there are only major cities with specific travel corridors between them. That’s right, losing your job, your house, your land is part of their plan. NAFTA, CAFTA and GATT were part of this plan were enacted to get rid of the American manufacturing base and all the associated jobs. Without a home (or any viable housing options), a job and food, you have no other choice but to go where those necessities are located: the city.
The documents available (.pdf) to anyone who will read them state very clearly that in the first decade of this century there will be massive migration to the cities. The documents state in no uncertain terms that they “predict” (read: plan) class warfare (.pdf) as the middle class disappears and most will be reduced to abject poverty in said swelling cities. The documents and articles explain that the “bio-fuel” scam will wreak havoc with the world’s food supply, that GMO crops lead to less yield and that the uber rich are going to have to hide for a while to escape the hordes of angry, hungry and dirty people.
Realize that when one takes out a home loan, the bank actually owns the house until it’s completely paid off. If a mortgage isn’t paid, possession reverts to the banks. Only the wealthy are able to buy property at this time, and they certainly don’t want your three bedroom 2.5 bath brick rambler. This begs the question - what will be done with all these vacant houses?
Logic dictates that they must be rendered unusable. Most likely they will be stripped of copper and condemned and later bulldozed. They can’t have any “non-cooperative human subjects” fleeing the stinking cesspit cities for the fresh air of the country, now can they? They will have to render all repossessed houses unlivable in the “little or no human activity” zones.
Concomitant to the orchestrated mortgage meltdown, there is the Orwellian-sounding planned “credit crunch” - meaning that businesses who operated on the knife-edge and had to use credit to continue operating day-to-day are no longer able to get the credit they require. No more ships bringing in goods, truckers able to deliver goods, employers able to pay employees. The domino effect which we have begun to see will enlarge to horrific corporations, rendering those crappy burger-flipping jobs an enviable situation, except that people won’t even be able to afford those crappy burgers. Grocery stores run completely out of stock in three days; without stock being brought to them by trucks, it makes for a desperate situation and desperate people.
Without jobs, no one can consume, without consumption the entire US economy collapses. The US government is in the process of defaulting on it’s debts - SmartMoney.com said, “short-term Treasury yields actually turned negative.” The US Dollar will have to be demonetized at some point in 2009 which will instantly render all paper currency worldwide totally valueless. With empty grocery stores and no means of exchange, there will be food riots very quickly. Be assured that power companies, television and cable will still be working at that time, even though other business will not be. This is important to the plan because everyone will be glued to their “tee-vee” waiting for Mother Government to tell them what is going on and what they should do. And the New World Order plan will shift into high gear at that point.
Local representatives of Mother Government will announce that all hungry, desperate people should all go quietly and calmly to the nearest school, community center or some other large place and Mother Government will “help” them, feed them and their children. This, of course, will be the pick up points to transport people to FEMA camps (all 1400 of them) so they can be ‘taken care of’ and provided with the things they need. Here is the document that says exactly how people will be processed in. Here is the list of Executive Orders allowing the President to nix the Constitution, suspend the Congress and institute Martial Law, separate families, remove entire communities, take possession of all communication, food sources, water supplies and so on. And woe unto you if you have a skill that would be helpful to Mother Government! You can be conscripted, without remuneration and they don’t have to return you. How is that for an employer from hell?
After most hungry and scared sheeple obey the talking head on the “tee-vee” and go willingly to the camps, there will be some who have heeded the advice and taken steps necessary to provide emergency food, buy guns and ammunition and safety gear for themselves and their families. These hold-outs will be problematic for Mother Government and the New World Order plan. Rest assured that as people are processed into the camps and their information entered into the IRIS system, it will be checked against the consolidated databases and the hold-out’s names will be noted. Remember, once Martial Law is declared due to the emergency of dollar demonetization, there is no more Constitution, there are no more rights. Hold-outs will be considered enemies of the State.
When most Americans are ’safely’ within the clutches of FEMA, the squalid conditions, lack of medication, forced vaccinations, and sub-standard, irradiated and non-nutritive food will cause many deaths, but that’s fine because it is further depopulation. More people dead = less slaves to manage. Some will be assigned to work crews to demolish the abandoned and repossessed houses in the “no human activity zones,” others will be working on the cities for the massive influx of slaves [EO 1104], once the work is done and the controllers are ready to repopulate the cities.
Mother Government has an electronic dossier on each person containing any and all information obtainable - that given willingly to Mother Government and that gleaned from extensive data-mining operations, legal and illegal. It contains not only school and medical records, travel, employment and purchasing history, social network, communications, your political leanings and everything else they can get their hands on, and it all adds up to your “data double” for which they run algorithms to figure out your personality, and mental and emotional state. It contains everything there is to know about you that they can obtain, and they think they know you. With this information, they run simulations to determine what your reaction will be to any given stimulus, and the reaction of others with a similar profile, to determine the best way to eliminate you.
With extensive satellite and land-based surveillance, smart dust and other technologies, they will be able to determine where the hold-outs are, and with the results of their simulations, the best way to mitigate the trouble a hold-out may cause. This will include massive aerial spraying in order to sicken hold-outs, ruin crops and kill livestock not already in the hands of Mother Government. There will be no mercy, as those who think for themselves and truly value freedom are the most dangerous to their plan.
But do no forget that more people are waking up every day due to the dedicated and dynamic efforts of Patriots everywhere; and there are many, many more of us than there are of them. If we redouble our efforts at education (especially of law enforcement and military) and preparation, we have a real chance at not only slowing down the nefarious New World Order plan, but stopping it. Only five per cent of the population fought the British in the Revolutionary war - the colonists were out-gunned, out-manned and out-spent, but their determination to be free outweighed everything that was thrown at them. What we face is a much greater tyranny and truly diabolical people who are bent on the near destruction of the human race.
This is a hellish, nightmarish scenario, but if one reads the documents the plan is laid bare for all to see. Time is very, very short, and those who understand must do everything in their power to educate others and prepare for what is coming. If you don’t take care of yourself, Mother Government will.
Alex Jones' Infowars: There's a war on for your mind!If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Monday, December 15, 2008
Celente: Greece-Style Riots Coming To U.S.
Alex Jones' Infowars: There's a war on for your mind!:
Trends Forecaster Celente: Greece-Style Riots Coming To U.S.
Paul Joseph Watson
Prison Planet.com
Monday, December 15, 2008
Frighteningly accurate trends forecaster Gerald Celente says that America will see riots similar to those currently ongoing in Greece and that the cause will be a hyper-inflationary depression, leading to the inevitable use of troops and mercenaries to deal with the crisis as Americans are incarcerated in internment camps.
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| Celente said that the troops now being brought back to America for “domestic security” would be used to suppress the riots. | |
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As we have highlighted before, Celente’s accuracy is stunning - he predicted the 1987 crash, the sub-prime mortgage crisis and the “panic of 2008,” and is routinely cited even by mainstream news networks as highly credible.
The cause of the riots would be a hyper-inflationary depression, Celente told interviewer Lew Rockwell, causing Americans to revolt in similar circumstances that we have witnessed recently in Iceland and Greece. The trouble would be sparked off by Obama declaring a “bank holiday” whereby people won’t be able to withdraw their money.
“What’s going on in Greece with these riots has nothing to do with a 15-year-old boy being killed, that was only the spark that ignited the pent up, really hatred and disdain, people have for the scandals and corrupt government and the same thing is going on in this country as well,” said Celente.
Celente reiterated his prediction of a revolution and riots in America, and said that the first signs of it could even emerge before the end of the year.
Celente said that the troops now being brought back to America for “domestic security” would be used to suppress the riots.
"“There’s talk of opening all these detention centers and hiring the goon squads, the Blackwaters to run them, so these are realities going on as we speak,” said Celente, adding that the Halliburton subsidiary KBR had been awarded a half a billion dollar contract to build “national emergency” internment camps in the name of detaining illegal immigrants but that they would be used to hold rioting Americans.
“We’re really in a period of ‘off with their heads’ and its going to be the people against the politicians,” said Celente.
Celente said that a breakup of the United States was possible and that the secessionist movement was strong.
“The government owns and runs the largest mortgage company, owns the largest insurance company, they’re going to be owning a piece of the oil industry, so it’s a fight against a totalitarian government…so there’s going to be rebellions and things will change for the better if we break up these criminal governments that are in place now,” said Celente.
The forecaster added that the government was killing people for a false reason in Iraq and robbing people blind with the bailouts at home.
Listen to the interview here.
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Sunday, December 14, 2008
EGA - Electric Vehicle
THE FIRST 100% ELECTRIC-POWERED VEHICLE CAPABLE OF HIGHWAY SPEEDS AVAILABLE IN NORTH AMERICA...FOR EVERYONE!!! THE ONLY AUTHORIZED DEALER IN NORTH AMERICA!!! Qualifies as PHEV for tax credit. DOT approved for daily use. Capable of producing a normal speed of 55 to 60 MPH, with cruising speed of up to 75 MPH! Range of 320 miles (@ 55-60 MPH - about 250 miles @ 75 MPH) on a single charge. Charges with on board generator: Fully charged in about 3 hours. Prototype built on the Smart (TM) vehicle to showcase the new 100% electric-powered drive train (i.e. motor, battery).
Thursday, December 4, 2008
Tuesday, December 2, 2008
Pre MArket Trading Gap News
Gapping Down
In reaction to disappointing earnings/guidance: PALM -17.6% (also downgraded to Neutral at Merrill, downgraded to Neutral at Cowen and target lowered to $1 from $1.50 at Global Crown Capital), SWKS -12.9%, SOLF -7.4%, STJ -3.0%… Select agriculture names trading lower following MOS volume data: MOS -6.3% (says due to soft market conditions, phosphate sales volumes for Q2 800,000 tonnes lower than Q1; co withdraws fiscal 2009 sales volume guidance), CF -5.0%, AGU -4.4%, POT -3.2%, TRA -2.2%… Other news: TSRA -39.4% (confirms ITC issues initial determination in Tessera’s Wireless ITC action, co raises Q4 revs guidance; also downgraded to Neutral at Piper), XNPT -23.9% (reports results from a Phase 2 clinical trial of XP19986 as a treatment for the symptoms of gastroesophageal reflux disease; primary analysis did not reach statistical significance), ENZN -15.4% (discontinues its plan to spin-off its biotechnology business), GS -4.8% (Goldman faces loss of $2 bln for quarter - WSJ), LRCX -4.6% (still checking)… Analyst comments: GPN -3.9% (downgraded to Neutral at Baird), MMM -2.5% (downgraded to Sell at Citigroup),
Gapping Up
In reaction to strong earnings/guidance: SNDA +6.3%, GE +2.2% (also reaffirms plan to maintain a $1.24 dividend in 2009)… Select financial names rebounding: RBS +12.3%, AIG +9.1% (Prudential eyeing AIG’s Taiwan life insurance unit, according to report - DJ), CIT +7.0% (increases size of notes exchange offer in response to tenders received during the early delivery period), WB +7.0%, C +6.0% (Citigroup Officer bought 15K shares at $6.89 on 11/26), MS +5.7%, DB +5.4%, PRU +5.4%, IBN +4.9%, BAC +4.2%, COF +2.8% (Fitch affirms Capital One’s Long-Term IDR; Outlook Stable), ING +2.8%, BK +2.5%, USB +2.5%, AXP +2.4%, JPM +2.2% (JPMorgan to cut 9,200 Washington Mutual jobs - Reuters), LM +2.2% (announces it has identified cost savings of $100 mln to date; renews a total return swap with “major banking institution’), WFC +1.7%, HBC +1.7%… Select metals/mining names showing strength with higher spot prices: GOLD +13.9%, SLW +9.8%, AU +9.1%, HMY +9.1%, MT +6.9%, GG +5.5%, AUY +4.7%, RIO +4.1%, BBL +3.2%, GLD +1.1%… Select oil/gas names showing strength: PBR +5.1%, TOT +4.8%, RDS.A +4.8%, BP +4.4%, OXY +2.9%, COP +2.1%, CVX +2.1%… Select solar names trading modestly higher: JASO +6.8%, STP +6.2%, ESLR +3.6%, FSLR +2.4%… Other news: MRX +16.9% (Medicis and IMPAX announce R&D collaboration and settlement; also upgraded to Buy at Jefferies & Co), GM +13.1% (showing strength preceding today’s monthly sales release), F +11.8% (Ford Motor will speed green-car launches - WSJ), TS +9.3% (still checking for anything specific), QGEN +6.1% (still checking), ALU +5.1% ($230 Mln CDMA Deal With China Telecom - DJ), UEPS +3.6% (received an order for an additional 800,000 smart cards), FWLT +2.5%, VMC +2.5% and SGR +2.4% (Cramer makes positive comments on MadMoney).
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Saturday, November 29, 2008
Timothy Geithner Update
On Wall Street, Geithner is known as a highly competent technocrat, well versed in the financial complexities. But he has also been seen as a weak and compliant regulator of Wall Street firms, someone who did not see the storm coming. Occasionally, Geithner would anguish publicly about the accumulating time bombs like credit derivatives and urge bankers to do something, but he did not use his supervisory powers to compel action. In bailout negotiations with Wall Street titans, Geithner and the Federal Reserve were spun around like a top more than once.
No wonder the stock markets rallied explosively when they heard Geithner would be their new boss in Washington. They think he is their guy. Summers may be a brilliant economist -- everyone says so -- but he, too, is a club member in good standing and now manages a huge hedge fund while he advises Obama. The president-elect needs to get a "second opinion" -- someone from outside the financial club who can explain the flaws in the rescue strategy preached by Bush's treasury secretary Henry Paulson and Tim Geithner at the New York Fed.
Their approach has clearly been designed to preserve what's left of the Wall Street establishment and maintain the supremacy of the largest financial firms while the taxpayers pick up their losses. That model has failed and too many smart people know why. The bailouts have been too little too late and aimed at an impossible objective -- persuading private capital investors to believe in the phony assurances proffered by the bankers. AIG, the insurance giant taken over by the feds, has turned into a bloody hemorrhage. Citigroup will be another and may soon be joined by other major banks demanding the same favorable terms. Wasting more public money on insolvent mastodons is the least of it. The real scandal is it doesn't work. It can't work because the black hole is too large even for Washington to fill. Government should take over the failing institutions or force them into bankruptcy, break them up and sell them off or mercifully relieve everyone, including the taxpayers.
Stock markets rallied again with the salvage of Citigroup. But not everyone in Wall Street was cheering. Christopher Whalen of Institutional Risk Analytics, the bank monitoring firm that has repeatedly been right about the banks when the government officials were wrong, had harsh words for the deal. "Pretending that Citi is going to be a going concern I think is silly," Whalen said. "We should be thinking about breaking this company up and redistributing the assets into stronger hands."
Will Timothy Geithner or Larry Summers advise the next president to face reality and throw in the towel? One hopes so, because Whalen warns: "By embracing Geithner, President-elect Obama is endorsing the ill-advised scheme to support AIG directed by Hank Paulson et al at Goldman Sachs and executed by Tim Geithner . This scheme to stay AIG's resolution cannot possibly work and, when it does collapse, Barack Obama and his administration will wear the blame."
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Friday, November 28, 2008
Thursday, November 27, 2008
Pre Market Turkey Trade
Pre Market Turkey:
After Market Turkey
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Wednesday, November 26, 2008
Pre Market Trading Gap News
Gapping Down
In reaction to disappointing earnings/guidance: BGP -52.4%, YGE -15.1%, JCG -14.1% (also downgraded to Hold at Needham), DE -10.0%, TIF -8.8%, VRGY -6.7%, TIVO -5.9%, TNB -4.7%, ANDE -2.5% (also downgraded to Neutral from Buy at Piper Jaffray)… M&A news: BCE -42.3% (Preliminary view from KPMG is that deal may not beat solvency test by December 11)… Select oil/gas related names showing weakness: NOV -4.4%, RDS.A -3.6%, BP -3.3%, APC -3.2% (downgraded to Neutral at Merrill), PBR -2.6%, SU -2.4% (downgraded to Underperform at Merrill), COP -2.4%, TOT -2.2%, XOM -1.0%… Select financial names trading lower: UBS -7.4%, ING -6.1%, MS -4.7%, BAC -4.6%, BCS -4.1%, MER -4.0%, JPM -3.7%, COF -3.6%, GS -3.0%, WFC -2.7%, HBC -2.4%, RBS -2.4%… Select airlines ticking lower with crude higher: LCC -9.2%, UAUA -4.9%, AMR -1.7%, DAL -1.5%… Select metals/mining names showing weakness: RTP -13.4% (Rio Tinto under pressure on asset sales - Reuters), AAUK -2.6%, MT -1.8%, GOLD -1.6%, BBL -1.4%, BHP -1.2% (downgraded to Hold at Canaccord)… Select solar names trading lower following disappointing YGE results: JASO -8.8%, CSUN -8.7%, FSLR -4.4%, ESLR -3.4%… Other news: LFG -73.6% (to be removed from S&P 600), ALU -4.5% (announces the appointment of Paul Tufano as CFO), KG -3.7% (discloses it is exploring an alternative financing arrangement for its pending acquisition of Alpharma), GSK -3.5% (down despite Reuters reporting that co says that it not involved in latest European Commission raids), CAT -3.4% (down in sympathy with DE), CAG -2.5% (filed for a $4 bln mixed shelf offering)… Analyst comments: EXM -7.7% (downgraded to Sell at Cantor), SAP -3.9% (downgraded to Sell at Societe Generale), DT -2.8% (downgraded to Underperform at Bernstein), DLTR -2.5% (downgraded to Neutral from Buy at MKM Partners), CBE -1.7% (downgraded to Neutral at UBS), NXY -1.4% (downgraded to Underperform at Merrill), CPB -1.2% (downgraded to Hold at Argus).
Gapping Up
General news: HOC + 12.4% (will replace LFG in S&P 600), RMBS + 5.0% (showing continued strength following yesterday’s 20% climb), CHL + 4.1% (still checking for anything specific), STBA + 3.5% (will replace WCN in the S&P 600), TMP + 3.5% (light volume; will replace SPC in the S&P 600)… Analyst comments: HLS +2.3% (upgraded to Buy at Jefferies).
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Tuesday, November 25, 2008
Monday, November 24, 2008
Pre Market Trading Gap News
Gapping Down
In reaction to disappointing earnings/guidance: CBE -5.4% (light volume; also downgraded to Market Perform at Friedman Billings), VAL -2.4%… Other news: GTE -6.4% (announces temporary suspension of production operations in its Costayaco and Juanambu oil fields, Colombia), NCX -5.8% (to idle Pennsylvania Styrenic Polymer Plant), TEVA -2.0% (still checking)… Analyst comments: LL -5.5% (downgraded to Underperform at Merrill).
Gapping Up
M&A news: OMRI 15.8% (Johnson & Johnson announces agreement to acquire Omrix for $438 mln or $25 per share; also initiated with Buy at BofA), ALO +7.4% (KG Extends $37.00 cash tender offer through December 19, 2008)… Select financial related names showing continued strength boosted by C news: C +55.2% (Citigroup adds $40 bln of capital benefit through agreement with U.S. Treasury, Federal Reserve, and FDIC), CIT +24.6%, IRE +16.4%, RF +10.1%, MS +9.4%, MER +7.7%, BAC +7.7%, UBS +7.4%, AIG +6.2% (DJ reports that China CIC Exec says not planning to buy stake in AIG; also Reuters.com reports American Intl to sell aircraft-leasing unit ILFC to investors, according to investors), GS +4.6%, DB +4.4% (Ackermann to overhaul strategy after stock plunge - Bloomberg.com), WFC +4.3%, JPM +4.3%, AXA +4.2%… Select metals/mining names showing strength with higher spot prices and weaker dollar: SLW +13.5%, MT +7.0%, AUY +6.6%, AA +6.2%, FCX +6.1%, AU +5.8%, BHP +5.6%, GG +4.4%, ABX +3.3%, RTP +2.6%, GLD +1.9%, GOLD +1.8%, KGC +1.6%… Select oil/gas names showing strength with crude higher: PBR +3.4%, RDS.A +3.3%, SLB +2.9%, STO +2.6%, TOT +2.5%, COP +2.5%, BP +1.5%, XOM +1.2%, CVX +1.0%… Other news: TASR +20.8% (Police to receive 10,000 Tasers to tackle violent crime - Guardian Unlimited; also announces that Los Angeles Police Department Upgrades TASER program), LVS +10.8% (still checking for anything specific), TS +10.7% (climbed ~9% in overseas trading), DRYS +10.2% (still checking), SAP +5.3% (still checking), OC +2.6% and CRM +2.6% (Cramer makes positive comments on MadMoney), AAPL +2.0% (plans to cope with the harsh economic climate by minimizing the need to lay off staff in favor of reducing hours - AppleInsider)… Analyst comments: SNY +4.9% (upgraded to Overweight at Morgan Stanley).
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Sunday, November 23, 2008
Stock Market Crash Update
The markets rallied on friday after making a new low, lower than the october crash breaking the 7777 level on the DOW. What really happened? The day after my second market crash warning the dow was down almost 500 points for the day. the cover of the daily news was "all fear breaks loose". the following day, friday the market was down another couple hundred points till it rallied in the last hour of trading, the most manipulated trading hour of the day. this is when the government, hedge funds, mutual funds and the plunge protection team paints the tape. in my opinion this was a manufactured rally from the goverments news release of another filthy banker promoted to the head of the treasury. what timing! The news was released at 3pm: Stocks limped into the day after a back-to-back pummeling that had left the S&P 500 at an 11-year low, and spent most of the day drifting in and out of positive territory. They shot higher around 3 p.m. when NBC news reported that Timothy Geithner, president of the Federal Reserve Bank of New York, would be nominated as U.S. Treasury secretary.
Friday's closing rally on the Dow, last hour.
Pitcture this:
"lets rally the market on this news to make it seem like wall street loves Tim Geithner" "most of the market is short after making a new low. lets squeeze them, this will add to the rally and we can sell at a profit with the ceiling we create" -plunge protection team
Overall we are still in a post crash, bear market awaiting the big one. The big simultaneous currency, economic & global stock market crash. Get ready for hyperinflation, currency devaluations and a global depression. -stockman
Obama Picks CFR Insider to Head Treasury
Kurt Nimmo
Infowars
November 22, 2008
It’s change we can believe in. President of the Federal Reserve Bank of New York and CFR member Tim Geithner will take over the job of administering the banker bailout in January.
| |
| NBC’s Chuck Todd and former Fed mob boss Alan Greenspan’s wife, Andrea Mitchell, report on Obama’s nomination of Treasury bureaucrat and CFR member Tim Geithner to head up the Treasury. | |
Geithner was a senior fellow in the Economics Department of the Council on Foreign Relations and director of the Policy Development and Review Department at the International Monetary Fund. After obtaining an M.A. in International Economics and East Asian Studies from Johns Hopkins University’s School of Advanced International Studies in 1985, Geithner went to work for Kissinger and Associates. In 1988, he joined the International Affairs division of the U.S. Treasury Department and was named president of the Federal Reserve Bank of New York in 2003. He is also a member of the Rockefeller “financial advisory body,” the Group of Thirty, an organization comprised of members from the Bank of England, the European Central Bank, the Federal Reserve, Citicorp and Citibank, the China Construction Bank, Morgan Stanley, JP Morgan Chase, in short the very heart of the international banking elite.
In June, Gary Weiss wrote that Geithner was a “central figure” in the “drama” that was J.P. Morgan Chase acquisition of Bear Stearns. “It was Geithner’s Federal Reserve bank, not the Treasury, that came up with the $29 billion loan that made the deal possible or, more precisely, acceptable to J.P. Morgan.” In other words, Geithner was taking orders directly from the international bankers. He is also cozy with AIG, Lehman, and Goldman Sachs.
Obama’s choice of a Federal Reserve, CFR, and Rockefeller insider reveals there will be no change for the plebs, but more of the same and then some — a continuation of pillage and debt slavery. It means we will continue to be subjected to international monetary and trade agreements at the behest of the international bankers and the corporatists. It means our sovereignty will be further eroded and the self-perpetuating cycle of borrowing will continue. It means the bankster plan to loot the country, consolidate wealth, and turn the United States into a third world country based on the China slave labor gulag model will move forward.
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Saturday, November 22, 2008
Thursday, November 20, 2008
Gold & Silver manipulation coming to and end?
could the suppression of precious metals finally be over? although yours truly is a avid fan of bob chapman's theinternationalforcaster.com i have heard this scenario before. granted the short interest in gold is the lowest it has been in while however this doesn't mean a guaranteed run up in the price of gold. lets not forget we are dealing with a fiat system, a funny money system with temporary unlimited printing capabilities. We are very close to a total financial collapse where the suppression in gold and silver will end. until we hit this point the shorts will come in again. remember a low short interest means more buying power to manufacture another false ceiling or resistance level. -st0ckman
-just a snip of larger article:
Since the end of October, when open interest for the December gold contract started a new series of decreases as the rollovers got off to any early start, the December open interest has fallen from 190,140 to this past Friday's 122,902, yet total open interest has fallen from 305,451 to 285,219 during that same period.
Thus, of the 67,238 December contracts that have been terminated in the rollover thus far, total open interest has plummeted by 20,232 contracts, meaning that many of the contracts are not being rolled over, and are being cashed out instead. If this 30% ratio persists, we could see gold open interest fall to under 250,000, a multi-year low, an astonishing drop of 58% from the peak of 593,953 contracts set on January 15, 2008.
This is an absolute disgrace for the CRIMEX owners and regulators, and we wish them well in the ensuing bankruptcies and criminal investigations that will occur after the exchange collapses. No one wants to play in a game where the owners and sponsors are in cahoots with certain privileged players to make sure they come out on top. In addition, we note that no commodities market can survive without speculators who provide balance to the markets by taking the other side of contracts and by keeping the pendulum of market momentum alternating between bulls and bears. Otherwise the markets lean to far to one side or the other, and then bubble and/or collapse due to the lopsided positions. Once the precious metals markets of the exchange collapse, all the other markets will soon follow, as everyone realizes that the whole system is rigged against them. The CRIMEX will soon be ostracized from participation by honest market players. The criminal manipulators will soon find themselves traipsing in and out of court in endless investigations, and they will be forced to sit in their bedrooms, lonesome, because their is no one left who wants to play with them.
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
g20 inside scoop & the new bubble, green investing
Looks like the next manufactured bubble will be in green investments. the st0ckman will analyze this sector and report back with his recommendations. Subscribe now for updates.
The Editor of Expresso in Portugal wanted my take on the recent G-20 communique. Here is my “translation” of the official statement:
1. Now that the growth of debt and derivatives bubbles has stalled, we are committed to using governmental-central bank mechanisms to cover the positions of any of the large private financial institutions whose profits are at risk due to their management of these bubbles and who can use this opportunity to squeeze and acquire smaller rivals at low cost.
2. Our commitment to use derivatives and market interventions to shift investment from the real economy and commodities into a paper economy is firm. We will continue to use centralized governmental mechanisms to subsidize and manage this process.
3. All of the organizations and players who reaped a fortune engineering the debt and derivatives bubbles will be allowed to keep their winnings.
4. We will use this period of consolidation to further centralize the global financial system by enforcing greater centralization of the standards, practices and control of enforcement and regulatory bureaucracies. This increased governmental centralization will be presented as the “fix” for our “problems.”
5. We will continue the move toward one world government and one world currency.
6. We are prepared to use coordinated inflation of global money supplies and fiscal stimulus to protect our control and positions.
7. We are committed to the Slow Burn (see my blog post on this subject).
8. This process will continue to be managed to protect large insurance and risk positions.
9. The net result will be to continue to exercise growing control over the real economy by a handful of private families and institutions designed to protect and grow intergenerational wealth.
G-20 are silent on the military and covert action that will be required to make this stick. They are also silent on how they are going to manage this much inflation. For example, the most recent figures from the St. Louis Fed indicate that the aggregate monetary base is growing at an annualized rate of almost 800%.
Watch for a new focus on “green investing” as the trick in all of this will be how to create new productivity when the absence of real prices mean there is no market to provide the necessary signals and financial incentives.
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Pre Market trading Gap News
Gapping Down
In reaction to disappointing earnings/guidance: STP -20.5%, PAY -20.0% (also downgraded to Neutral at JPMorgan), GME -7.6%, WGOV -7.2%, SMTC -3.6%… Select solar names trading lower following STP results: TSL -11.6%, YGE -7.7%, CSIQ -6.9%, FSLR -5.1%, JASO -3.5%, SOLF -3.4%… Select financials trading lower: PUK -13.4% (following weakness in trading overseas), LNC -5.5%, ING -5.2%, DB -3.4%, GS -3.0%, JPM -2.5%, USB -2.0%, C -1.9% (Saudi Prince Alwaleed plans to boost Citi stake back to 5% - DJ), BAC -1.2%, MER -1.0%, WFC -1.0%… Select metals/mining names showing modest weakness: BHP -3.4%, MT -2.5%, RIO -2.0%, RTP -2.0%, BBL -1.3%… Select oil/gas names showing weakness with crude lower: CHK -3.4%, NOV -3.3%, RDS.A -3.0%, PBR -2.4%, BP -2.3%, COP -2.3%, XOM -1.9%, CVX -1.8%… Other news: GENT -26.2% (provides an update on the Phase 3 treatment trial of Defibrotide for Severe Veno-Occlusive Disease), DRYS -8.2% (showing weakness with Baltic Dry Index closing lower for the second straight session), GM -6.8% (Auto makers’ rescue drive stalls - WSJ), GE -2.5% (in talks with four Asian sovereign wealth funds - Bloomberg.com), VIP -2.4% (still checking), MSFT -1.1% (files 8-K related to co’s presentation of gains and losses resulting from foreign currency remeasurements)… Analyst comments: EGLE -10.9% (downgraded to Underperform at JPMorgan).
Gapping Up
In reaction to strong earnings/guidance: PETM +11.1%, COIN +10.6% (light volume), GYMB +6.1% (also upgraded to Overweight at JPMorgan), MW +4.5%, PEP +4.0%, BKE +3.4% (light volume), HOTT +2.1% (also upgraded to Buy at Pali Capital), INTU +1.0%… Select gold related stocks showing strength: GOLD +8.7%, AU +5.0%, HMY +4.5%, AAUK +3.6%, GG +3.4%, AEM +3.1%, GFI +2.3%, GLD +1.7%… Select European financials trading higher: IRE +20.4%, RBS +17.2%, BCS +5.2%, UBS +4.1%… Other news: INFI +11.0% (global strategic alliance with Purdue Pharma and Mundipharma encompassing Infinity’s early clinical and discovery programs), EYE +5.8% (discloses plan to reduce its fixed costs, includes reduction of ~5% of the global workforce), HITT +4.7% (will replace Sunrise Senior Living in the S&P SmallCap 600), OIS +3.6% (will replace SCSS in the S&P SmallCap 600), AXYS +2.0% (will replace ManTech International in the S&P SmallCap 600), IWOV +1.9% (will replace CPY in the S&P SmallCap 600), HPQ +1.0% (Cramer makes positive comments on MadMoney)… Analyst comments: CPHD +6.1% (initiated with Buy at Needham), ATR +3.0% (upgraded to Buy at Merrill), YHOO +1.1% (upgraded to Buy at Needham).
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions. Also be sure to check out my stock market crash warning pt2, updated 11-19-08. You can also support the st0ckman by joining the pyrabang network. PyraBang is an awesome concept striving to take down main stream media and their corporate programming.
Wednesday, November 19, 2008
Reversal of the Earth's geomagnetic field
so many possibilities, so little time. -st0ckman
Earth's Core, Magnetic Field Changing Fast, Study Says
Kimberly Johnson
for National Geographic News
for National Geographic News
June 30, 2008
Rapid changes in the churning movement of Earth's liquid outer core are weakening the magnetic field in some regions of the planet's surface, a new study says.
"What is so surprising is that rapid, almost sudden, changes take place in the Earth's magnetic field," said study co-author Nils Olsen, a geophysicist at the Danish National Space Center in Copenhagen.
The findings suggest similarly quick changes are simultaneously occurring in the liquid metal, 1,900 miles (3,000 kilometers) below the surface, he said.
The swirling flow of molten iron and nickel around Earth's solid center triggers an electrical current, which generates the planet's magnetic field.
(Learn more about Earth's interior.)
The study, published recently in Nature Geoscience, modeled Earth's magnetic field using nine years of highly accurate satellite data.
Flip-Flop
Fluctuations in the magnetic field have occurred in several far-flung regions of Earth, the researchers found.
In 2003 scientists found pronounced changes in the magnetic field in the Australasian region. In 2004, however, the changes were focused on Southern Africa.
The changes "may suggest the possibility of an upcoming reversal of the geomagnetic field," said study co-author Mioara Mandea, a scientist at the German Research Centre for Geosciences in Potsdam.
Earth's magnetic field has reversed hundreds of times over the past billion years, and the process could take thousands of years to complete.
The decline in the magnetic field also is opening Earth's upper atmosphere to intense charged particle radiation, scientists say.
Satellite data show the geomagnetic field decreasing in the South Atlantic region, Mandea said, adding that an oval-shaped area east of Brazil is significantly weaker than similar latitudes in other parts of the world.
"It is in this region that the shielding effect of the magnetic field is severely reduced, thus allowing high energy particles of the hard radiation belt to penetrate deep into the upper atmosphere to altitudes below a hundred kilometers (62 miles)," Mandea said.
This radiation does not influence temperatures on Earth. The particles, however, do affect technical and radio equipment and can damage electronic equipment on satellites and airplanes, Olsen of the Danish space center said.
Keep Watching
The study documents just how rapidly the flow in Earth's core is changing, said Peter Olson, a geophysics professor at Johns Hopkins University in Baltimore, Maryland, who was not involved with the research.
By using satellite imagery, researchers have a nearly continuous measurement of changes, he said.
"They provide a good rationale to continue this monitoring longer," Olson saidIf you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions
Warning::St0ckmarket Crash Part Two
My readers will know that i have been warning about a crash in both the stock markets and the economy since early this year. From my previous post in march 08 i warned of a crash. I am here this evening to tell you the worst is not over, it can begin as early as tomorrow, Thursday Nov 20th 2008. Today we closed below 8,000 on the Dow for the first time in three years. This is the message the mainstream media is pumping out to the block heads. What the MSM is leaving out is the October crash low of 7,773.71. We closed today at 7,997.28, roughly 200 points from the crash low. Everyone with half a block head knows is a crucial level.
As i write this the Nikkie is down -304.74 or -3.68%.
Odds are this sell of will continue into the morning.
With so many horrible situations (fundamental, financial ticking time bombs detailed in my previous crash post) i must ask, is this it? Is this the simultaneous economic/market/currency crash i have been warning of? Is this the beginning of our new U.S. currency or even worse a new global currency?
Many of you think the worst is over, the bottom is in. I have news for you block head, you have not felt enough pain. Your not in enough pain to give up your financial sovereignty. This is why the worst is yet to come.
When we hit our october crash low the market was clearly oversold as indicated on my chart below. When we hit this low again we will not be oversold as seen in the relative strength section of the chart. You will also see the macd crossover and other technicals are leading to a new, solid down trend.
CLICK ON THE IMAGE FOR DETAILS:
Bottom line: Don't Be A Block Head. -st0ckman
**Update/Follow up** - Market fell to 7,392.27 on the DOW Read my follow up post by clicking here
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