Prediction: DOW 14,500 by May-Sept 2012

After you have watched very intently and examined very discretely the flow of what passes for economic news in this country for several decades, while at the same time cataloging the accuracy of the mainstream economic pundit’s prognostications that are made from their review of that very same news, then you can very easily see what lies ahead in the economy and the markets by simply reviewing their ‘professional review’ of the streaming nonsense that passes for economic data and econometric based 'pontifications' that are fed daily to the masses by the MSM, so as to move them to always be in the wrong investment at the wrong time. 

Today’s example of the above phenomena is especially revealing as to how thoroughly deceitful or economically naïve or simply stupid the economic pundits are, that are trotted out by the MSM.  Whether or not these things are true, it does become quite entertaining to watch their prognostications flow as they effusively comment on the 'patently false' and misleading economic data that they are fed.  

Once, you have mastered the very essential skill-set of 'reading their scripts,' then you too will see that the masses are being – right now – set up for a DOW rally to roughly the 14,500 level in the May to September time-frame of 2012.

From an analysis of the 'real' economic data flow and our very own econometric models, we are quite certain that AFTER the DOW reaches roughly the 14.500 area, then a crash of truly monumental proportions and devastating consequences and with cataclysmic effect for all the country will ensue, because ALL the data points that are even now being fabricated are specious – beyond comprehension.

Doubt us?

Just watch!

Leading Economic Indicators in U.S. Climb

Bloomberg; By Bob Willis - Nov 18, 2011 10:12 AM ET

“. . . The index of U.S. leading indicators climbed more than forecast in October, signaling the world’s largest economy will keep growing (If GDP were calculated correctly, then recent qtrs would be NEGATIVE) in early 2012.

The Conference Board’s (Did these guys see RE "Bubble" that caused the Credit-Crisis of 2008) gauge of the outlook for the next three to six months rose 0.9 percent, the biggest jump since February, after a 0.1 percent September increase, the New York- based research group said today. . .

Gains in consumer spending, manufacturing and homebuilding, combined with fewer job losses (fewer than What qtr. – pray tell?), point to an economy that is weathering the turbulence in financial markets.

“The economy looks to be getting better despite the continued drumbeat of negativity (actually it is the continued drumbeat of “reality,” for those who are actually living through this nightmare!) in financial markets,” said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities Inc. in New York, who correctly forecast the gain. “That speaks to U.S. resiliency. If we can put some of these fiscal issues behind us, even for a short period of time, we might be able to come back.”

… Nine of the 10 components of the leading index contributed to the increase in October, led a jump in building permits (we need more housing units?), the spread between short- and long-term interest rates, (which rates have been amorally, and insanely ‘twisted’ by the machinations of the FED to artificially create this false ‘marker of confidence,’ because if it weren’t for the FED’s ‘twisting’ operations, then the narrow spread would be HUGE - and THEY know it!) a longer factory workweek and a drop in claims for jobless benefits.

A surge in stock prices also contributed to the increase in the gauge last month, reversing September’s plunge.. . 

(Who is buying stock besides the PPT and Goldman Sachs?)

‘Positive Signs’

“In North America, we see a slow recovery (from what level?) continuing,” Ellen Kullman, chairman and chief executive officer of DuPont Co., said in an Oct. 25 conference call. “While there are issues (Issues? See note below) of unemployment and weak consumer confidence, there are also some positive signs such as rising retail and automotive sales. Industrial protection is growing.” (What "Industry" does America have left to protect? We really have only two left.  And Boeing is out-sourcing and off-shoring to ‘beat the band’ while Caterpillar is strong ONLY because the business of extracting Gold and Silver from the earth is exploding, as everyone in the entire world - EXCEPT Americans - realizes that their ‘fiat’ currencies are soon to be TOAST and they had better get some real money - and quick!)

The job market is one area yet to see much improvement. Payrolls increased 80,000 in October, the smallest advance in four months, the Labor Department said Nov. 4. The unemployment rate fell to 9 percent from 9.1 percent in September. It’s hovered around 9 percent or more since April 2009. (IF, unemployment were calculated by methods utilized in the ‘Reagan Era,’ then the 9% noted here would actually be closer to 16.5% and if all those who wish to be fully emplyed were actually counted then the numbers are closer to 22.5 to 24%.  In other words, Depression-Era unemployment numbers are here in America right now!)