May 27, 2004

Al-Qaeda’s Strategy To Defeat America

This is the most important article carried in public media that I can recall in recent years. It makes a statement about what is required of American citizens for al-Qaeda to declare victory.  
This can only be accomplished by the use of biological and nuclear weapons on US soil, much of which are in al-Qaeda's possession according to statements made by bin Laden in a Pakistan interview that was not aired in the US.

What a can of worms has been opened by our military response so far to the al-Qaeda challenge. The equity guys are the dumbest human beings on earth. Today, they are celebrating the al-Sadr-Najaf peace initiative which would be no victory for the coalition if accepted in the form offered. Could this be another historical event where a particular version of Islam snatches defeat from the jaws of victory? Watch what comes next and hold your hats on tight.

"Al-Qaida's complaints have been transformed into religious absolutes and cannot be satisfied through political compromise," the following study said.

I herewith recommend that everyone buy as many bullion coins as they can afford in case of emergency. We have opened Pandora's Box so a strongbox is wise.


Beware the Complexity of Middle-Eastern Olive Branches

May 27, 2004
Author: Jim Sinclair

The professionalism of the fighters under the command of the martial cleric, al-Sadr, could only indicate the re-emergence of the well trained Republican Guard and other internationally trained and tested professional soldiers. 
The merging of al-Sadr's forces and the Iraqi forces represents the new combination of Saddam Hussein's Republican Guard with his old Iraq National Guard.

All the religiously important Iraqi cities now being policed by the new Iraqi forces are under the command of Hussein's military officers.

Al-Sadr's merger of his military forces with the Iraqi military police forces who refused to bear arms against him a few months ago will empower the new Iraqi government with a serious army under their command - not US command.

A country without democrats will never be democratized. (Dr. B's excellent position)

The martial cleric al-Sadr is the choice of the Iraqi people over the selection of the UN for head of Iraq. He will emerge in time as the president of the new Iraqi government and in an election the elected president. This is the plan of the Grand Ayatollah Ali Al-Sistine. Then the newly "democratized" Iraq will become an autocracy of the religiously empowered, united with a hardened, experienced, and effective military force sponsored by oil revenues at historically high  prices.

Al-Sadr is under the influence of the major religious leader Ayatollah Ali Al-Sistine and not in opposition to him.

All this sets the stage for an end to the coalition presence in Iraq similar to the US exit from South Vietnam if the coalition chooses to remain longer.

Politically in the US the tendency to accept anything now that looks to the public like a solution in an election year is dangerous. Keep in mind the warning of King Abdullah of Jordan who does have the best interest of the entire world in mind as did his esteemed father. Now that Iraq has become totally destabilized, the future of the entire world depends on how the coalition leaves it and when.

Gold is the currency of the Koran and the dollar is a key target of Al-Qaeda and has always been.

The proposal to end the standoff in the City of Najaf was predicted here and fits into the profile of the purposes of al-Qaeda.

There is nothing in this development that is dollar positive or gold negative but rather is the perfect execution of a planned strategy of how historically in Islam victory has been ripped from the jaws of defeat.

This follows perfectly the blueprint of the battle of Bhud in 625 AD which at first was a defeat for Islam but later turned out to be one of its greatest victories without which Islam would not be what it is today.

 
Recovery Losing Momentum

May 27, 2004
Author: Jim Sinclair

There is no question that the economic recovery is losing its upward momentum and high oil prices are here to stay. Unlike the previous experience with oil prices, however, this will hardly be a short term anomaly. Also, the Fed will be extremely careful where increasing the Discount Rate is concerned.  
High oil prices have always been like a sales tax increase, acting slowly but definitively to decelerate the demand for goods and services thereby increasing the negative economic effect of higher interest rates on business momentum.

All the historical ingredients of STAGFLATION are now active in the US economy as they were when the gold price moved sharply higher in the 1979 experience. So the potential for gold to test the maximum natural bull market high of $529 within a normal bull market profile in this first phase of the generational gold bull market is real.

As in the 1970s, the profile of gold rising internationally in the US during the night but being augured lower before the US opening will be as useless to contain the gold price as it was in the 1979 experience.

http://www.jsmineset.com/home.asp