We Don't Have the Capital to Support Capitalism

The first trading day in November the Dow has been down 4 of the last 5 years, but up in 2009. We don't have the capital to support capitalism. So the sovereign debt end of the world players speak, and I predict we will have a euro crisis ( in process) that could and should lead to a United States of Europe. Gerhardt Schroder writes in The Christian Science Monitor that the wold order is so shook now that this is likely to occur. Mr. Schroder is the former Chancellor of Germany, and a member of the Nicolas Bergruen Institute 21st Century Council. This is not JIm Cramer, but someone smart. Done right, Sarah Palin fans, we will become a GLOBAL POWER. Click Here for a listing of a number of his articles and thinking. Cheniere Energy just signed a game-changing deal. On Wednesday, the liquefied natural gas (LNG) terminal operator signed an $8 billion deal with international natural gas giant BG Group. The 20-year agreement includes BG exporting natural gas – from the U.S. to Asia and Europe – through Cheniere's Sabine Pass plant in Louisiana. The Sabine Pass is an 850-acre LNG transportation facility. It has a 40-foot ship canal and five tanks capable of storing over 17 billion cubic feet of natural gas. The facility is 90% owned by Cheniere. It's expected to export LNG oversees by 2015. We would and will hold only CHK (Chesapeake Energy and Cheniere Energy (LNG) in the long run core holding to natural gas. This sector has been flat for all too long. Last week all of you lived to go short. Every day at least 5 to 10 subscribers begged me for a put signal, and begged me to explain WHY the market was going up. Because of the negativity in the world conversely few asked what was going on as the market headed to oblivion a few short weeks ago. We also now have proof the Pee Party came in "representing the people", became Pube Puppets and our Congress remains frozen. They came in naive, all having read the Constitution perhaps once, and all believing in Christianity. Overall there is Dow support at 11,398 and resistance at 12,400 area. Over the long term (6 weeks) we see a bull market, perhaps the top for the year.