Fine read...one of Puplava's very best. The paragraphs on the Al-Quieda and the war should be transferred directly to Shrub's teleprompter:
War & Terrorism
As far as the delay in war, it is only temporary. The US was attacked and forced into its present position not by its own design, but by the carefully planned and orchestrated attacks by Al-Qaeda. If the US withdraws from its plans for war, Al-Qaeda will not reciprocate. In fact Al-Qaeda along with any other terrorist group will only be emboldened even more by the appearance of weakness. Terrorists only understand strength--not weakness. Anyone who has studied warfare and terrorism knows this. Appeasement didn’t work during the 1930’s, it didn’t world during the 1970’s, and it will not work during the first decade of this new century. Despite the good intentions of those who would wish and pray for peace, we now live in a world at war. This war will grow and get larger as the decade wears on. This decade will be marked by a growing desperation of nation states trying to acquire access to raw materials. Water, oil and food will be behind much of this new decade’s regional and global conflicts. Unlike the past, armies won’t gather and face each other on grounds that are suited for war. The new battlefield will become the skies and cities and it will be fought by unconventional means. Innocent blood will be shed by those who care nothing for their own lives, much less those innocent victims whose lives they destroy. Much like the Soviet invasion in Afghanistan during the 1980s, the US will be compelled to act. Its real purpose will be to stage a base camp in which to take on terrorist groups and their cells operating in and out of the safety of rogue states.
As far as oil is concerned, if the real intention of this war were oil, it would be far easier to invade Venezuela. The US gets far more oil from Venezuela than it does Iraq. Furthermore, in the past Saddam has offered to ship more oil to the US on favorable terms. Getting oil through negotiation would be far cheaper than mounting a war expedition. There is a tendency to over simplify geopolitical situations and nowhere is this more evident than the coming war with Iraq. The world says little about the fact that France and Russia have lucrative commercial and oil interests with Iraq. Nor is it mentioned that Iraqi oil provides much of the gasoline that goes into French and German gasoline tanks. I would wonder what the response in those countries would be today if their own landmarks and people were destroyed in the same way as what happened here on 9-11.
We are a world at war and Europe is the least prepared for it. In the US I expect more deadlier terrorist attacks to follow with or without war. The main goals of Al-Qaeda are to unite the Arab world in a war against the west. They will use terrorist attacks as detonators to steer the world towards its goals of global conflict. If my suspicions are correct, the next attacks will be deadlier than the first. They will not come in the way we expect or at targets that we defend. We are set up to defend against a plane or missile attack against prominent landmarks and surrounding civilian areas. I believe the next attack has already been planned for a long time and is waiting only for the appropriate time to execute.
They will come at a time we least expect and be aimed at targets that will be designed to do the most economic damage and inflict the greatest loss of human life. Like it or not we are a world at war. War is coming to the Middle East and from there it will spread as nuclear, biological, and chemical weapons are used by terrorists to assuage their inner conflicts of rage. Intelligence sources from Jane’s to Stratfor.com have recently published stories on missing nuclear materials from the former Russian Republic of Georgia. In addition to missing nuclear material, nuclear warheads are unaccounted for along with suitcase nuclear weapons. It is widely speculated that many of these missing bombs and materials are now in the possession of the terrorists. I believe we will soon find out if indeed this is true.
The possibility of another deadly terrorist attack has not been priced into today’s overvalued stock markets in the US. If you trade this market, do so carefully. Unless you are in full control of your emotions, have adequate capital, and are an expert in technical analysis and trading systems, you may find yourself confronting the unexpected. Ten-sigma events cannot be read on any chart. No chart can forecast them. We live in a nonlinear world where the unexpected is occurring and becoming more commonplace. The norm is what is not normal. The tails or the outliers on the edge of the curve are what is commonplace. This adjustment process has not been factored into most trading systems or models on Wall Street. It is going to be a painful lesson to learn and even more costly given the current state of leverage in the financial system and the markets. More will be written on this very subject matter as Ten-Sigma is put to pen beginning this week and the weeks ahead as it will be quite lengthy. It will be aimed at destroying many of today’s shibboleth’s left over from the bull markets and era of peace of the last two decades of the 20th century. |
