Filmmaker and scholar Jay Weidner spoke about 2012 and prophecy, as well
as mysteries surrounding the Georgia Guidestones and the Denver
Airport. A series of interrelated prophecies are all pointing toward one
time period, around 2012, as being a time of crucial change, possibly
connected with our sun, he said. The decreasing heliosphere of the sun
leaves Earth with less of a buffer from potentially dangerous elements
from outer space such as cosmic rays, he noted.
Weidner perceives
2012 as an alchemical moment for humanity to decide who or what it
wants to be. On a positive note, he foresees a possibility for the
populace to live in semi-rural conditions in a more slowed down fashion,
yet still connected via the Internet. A more negative outcome would see
society turned into a "techno-fascist nightmare" with robocops and
cameras on every corner, he warned. People need to figure out how to
manage in a world of increasing scarcity, he commented.
In
discussing the Georgia Guidestones, he doesn't interpret the commandment
about maintaining the Earth's population as a call to exterminate
people. Rather, he suggested the monument could be part of an alchemical
mythos, helping to bring about a new consciousness. The Denver Airport
appears to be connected to COG (continuity of government) with
underground facilities that could withstand a nuclear war, Weidner
reported. He suspects there's a gigantic tunnel system under the
airport, with trains possibly running to different parts of America.
Denver, he added, could be slated to become the capitol of an eventual
North American Union.
Biography:
Jay was featured in the
History Channel's documentary, The Lost Book of Nostradamus and was
associate producer and featured in the History Channel's special,
Nostradamus 2012, and also in Brad Meltzers, Decoded. He also
participated in Jesse Ventura's, Conspiracy Theory for TruTV. In
addition, he is the co-author of The Mysteries of the Great Cross of
Hendaye; Alchemy and the End of Time, (Destiny Books) and A Monument to
the End of Time (with Vincent Bridges), as well as a contributing writer
for the book, The Mystery of 2012 (Sounds True).
Wikipedia
The
Georgia Guidestones is a large granite monument in Elbert County,
Georgia, USA. A message clearly conveying a set of ten guidelines is
inscribed on the structure in eight modern languages, and a shorter
message is inscribed at the top of the structure in four ancient
languages' scripts: Babylonian, Classical Greek, Sanskrit, and Egyptian
hieroglyphs.
The Guidestones have become a subject of interest
for conspiracy theorists. One of them, an activist named Mark Dice,
demanded that the Guidestones "be smashed into a million pieces, and
then the rubble used for a construction project", claiming that the
Guidestones are of "a deep Satanic origin", and that R. C. Christian,
belongs to "a Luciferian secret society" related to the New World Order.
At the unveiling of the monument, a local minister proclaimed that he
believed the monument was "for sun worshipers, for cult worship and for
devil worship".
2012
A New Age interpretation of this
transition is that this date marks the start of time in which Earth and
its inhabitants may undergo a positive physical or spiritual
transformation, and that 2012 may mark the beginning of a new era.
Others suggest that the 2012 date marks the end of the world or a
similar catastrophe. Scenarios suggested for the end of the world
include the arrival of the next solar maximum, or Earth's collision with
an object such as a black hole, a passing asteroid, or a planet called
"Nibiru".
Denver Airport
There are several conspiracy theories
relating to the airport's design and construction such as the runways
being laid out in a shape similar to a swastika. Murals painted in the
baggage claim area have been claimed to contain themes referring to
future military oppression and a one-world government. However, the
artist, Leo Tanguma, said
the murals, entitled "In Peace and Harmony
With Nature" and "The Children of the World Dream of Peace," depict
man-made environmental destruction and genocide along with humanity
coming together to heal nature and live in peace.
Nostradamus
Michel
de Nostredame (14 or 21 December 1503 -- 2 July 1566), usually
Latinised as Nostradamus, was a French apothecary and reputed seer who
published collections of prophecies that have since become famous
worldwide. He is best known for his book Les Propheties (The
Prophecies), the first edition of which appeared in 1555. Since the
publication
of this book, which has rarely been out of print since his death,
Nostradamus has attracted a following that, along with much of the
popular press, credits him with predicting many major world events.
Thursday, July 4, 2013
Biblical History, Prophecies, and Discoveries ~ Dr. Ken Hanson
Professor, author and researcher, Dr. Ken Hanson, spoke about biblical
history, prophecies, and discoveries, as well as shared his analysis of
the Middle East, and the potential for apocalyptic events. Having
previously lived in Israel and the Middle East for a number of years, he
has a foreboding sense that a cataclysmic war is on the verge of
breaking out there, possibly involving Iran and Israel. Interestingly,
he noted that Jews and Arabs have not always been at odds, and that the
current enmity is not based on ancient feuds or disagreement over
religion. He argued that the best solution to the Palestinian refugee
problem is for Arab governments to resettle this population in one of
the 22 states surrounding Israel; yet they refuse, because keeping them
where they are fills their political purpose, he said.
Hanson talked about the prophecies in the Book of Revelation, noting that it was written in Greek, yet he believes that it was a translation from an earlier Hebrew or Aramaic text from the 1st century. The early believers in Jesus thought they were living in 'End Times' as they were facing down the Roman Empire, and Revelation directly spoke to them, he commented. In the year 66 AD, Jews sought their freedom from Rome and revolted, and many of the calamities described in Revelation relate to the Roman's brutal attack on Israel, which was also described by the historian Josephus.
While the Vatican has said that a recent discovery of a 4th century papyrus that refers to Jesus' wife is a forgery, Hanson noted that Carbon 14 dating and other testing has yet to be done on the fragment, and it's possible that it is authentic. The genuineness of the James Ossuary, an ancient burial box, with an Aramaic inscription, translated as "James, son of Joseph, brother of Jesus," is still being debated some 10 years after the discovery was announced, he added. For more, check out Hanson's video Jesus' Lost Heirs, a companion to his book, Blood Kin of Jesus.
Biography:
Dr. Ken Hanson is a dynamic author, lecturer, and founder of "Treasures in Time," an organization devoted to disseminating knowledge of the Biblical and classical world. He has dug on archaeological sites in the Middle East, lived in a politically volatile region of northern Galilee, and taught Hebrew on an Israeli agricultural settlement. He has also worked with a television news-gathering operation in a war zone in southern Lebanon, at the height of the civil war that left the jewel of the Mediterranean in ruins.
Wikipedia
The book spans three literary genres: epistolary, apocalyptic, and prophetic. It begins with an epistolary address to the reader followed by an apocalyptic description of a complex series of events derived from prophetic visions which the author claims to have seen. These include the appearance of a number of figures and images which have become important in Christian eschatology, such as the Whore of Babylon and the Beast, and culminate in the Second Coming of Jesus Christ. The obscure and extravagant imagery has led to a wide variety of interpretations: historicist interpretations see in Revelation a broad view of history; preterist interpretations treat Revelation as mostly referring to the events of the apostolic era (1st century), or--at the latest--the fall of the Roman Empire; futurists believe that Revelation describes future events; and idealist or symbolic interpretations consider that Revelation does not refer to actual people or events, but is an allegory of the spiritual path and the ongoing struggle between good and evil.
The Book of Revelation is the only apocalyptic document in the New Testament canon, though there are short apocalyptic passages in various places in the Gospels and the Epistles.
Using the Greek Septuagint, John makes 348 allusions, or indirect quotes, from 24 of the canonized books of the Hebrew Bible, predominantly from Isaiah, Ezekiel, Daniel and Psalms. The narrative of the terrifying and boastful beast that rises out of the ocean, has many horns which represent kings, and which is thrown into the fire, derives from Daniel 7. The beast from the Book of Revelation combines body traits from all four beasts mentioned in Daniel 7. The description of the angel who gives the revelation derives from Daniel 10:5-6; the four horsemen derive from Zechariah
Hanson talked about the prophecies in the Book of Revelation, noting that it was written in Greek, yet he believes that it was a translation from an earlier Hebrew or Aramaic text from the 1st century. The early believers in Jesus thought they were living in 'End Times' as they were facing down the Roman Empire, and Revelation directly spoke to them, he commented. In the year 66 AD, Jews sought their freedom from Rome and revolted, and many of the calamities described in Revelation relate to the Roman's brutal attack on Israel, which was also described by the historian Josephus.
While the Vatican has said that a recent discovery of a 4th century papyrus that refers to Jesus' wife is a forgery, Hanson noted that Carbon 14 dating and other testing has yet to be done on the fragment, and it's possible that it is authentic. The genuineness of the James Ossuary, an ancient burial box, with an Aramaic inscription, translated as "James, son of Joseph, brother of Jesus," is still being debated some 10 years after the discovery was announced, he added. For more, check out Hanson's video Jesus' Lost Heirs, a companion to his book, Blood Kin of Jesus.
Biography:
Dr. Ken Hanson is a dynamic author, lecturer, and founder of "Treasures in Time," an organization devoted to disseminating knowledge of the Biblical and classical world. He has dug on archaeological sites in the Middle East, lived in a politically volatile region of northern Galilee, and taught Hebrew on an Israeli agricultural settlement. He has also worked with a television news-gathering operation in a war zone in southern Lebanon, at the height of the civil war that left the jewel of the Mediterranean in ruins.
Wikipedia
The book spans three literary genres: epistolary, apocalyptic, and prophetic. It begins with an epistolary address to the reader followed by an apocalyptic description of a complex series of events derived from prophetic visions which the author claims to have seen. These include the appearance of a number of figures and images which have become important in Christian eschatology, such as the Whore of Babylon and the Beast, and culminate in the Second Coming of Jesus Christ. The obscure and extravagant imagery has led to a wide variety of interpretations: historicist interpretations see in Revelation a broad view of history; preterist interpretations treat Revelation as mostly referring to the events of the apostolic era (1st century), or--at the latest--the fall of the Roman Empire; futurists believe that Revelation describes future events; and idealist or symbolic interpretations consider that Revelation does not refer to actual people or events, but is an allegory of the spiritual path and the ongoing struggle between good and evil.
The Book of Revelation is the only apocalyptic document in the New Testament canon, though there are short apocalyptic passages in various places in the Gospels and the Epistles.
Using the Greek Septuagint, John makes 348 allusions, or indirect quotes, from 24 of the canonized books of the Hebrew Bible, predominantly from Isaiah, Ezekiel, Daniel and Psalms. The narrative of the terrifying and boastful beast that rises out of the ocean, has many horns which represent kings, and which is thrown into the fire, derives from Daniel 7. The beast from the Book of Revelation combines body traits from all four beasts mentioned in Daniel 7. The description of the angel who gives the revelation derives from Daniel 10:5-6; the four horsemen derive from Zechariah
Bigfoot & The Other Legendary Creatures
Scholar of Bigfoot history, Steven Streufert, shared history and
analysis of the mysterious creature. He runs a used and antiquarian
bookshop (specializing in "Sasquatchiana") in Willow Creek, California,
considered the heart of the historic "Bigfoot Country,"-- the location
is near where giant tracks were found in 1958, and "Bigfoot"
subsequently became a household word. Willow Creek is also near where
the famed Patterson-Gimlin film was shot in 1967, and Streufert has been
involved in the Bluff Creek Film Site Project, which has traced the
exact location of where Patterson filmed, in order to verify details
about the creature, and its environment. He also participates in a
Facebook group that seeks to promote the spirit of rational thinking and
evidence-based Bigfoot research (in reaction to some of the more
fantastical, insubstantial, or promotion-based claims made about the
creature).
Streufert spoke about some of the ancient Native-American lore regarding Sasquatch, such as the beings speaking a language, as well as trading with, abducting, and even mating with humans, and producing offspring. One theory, he noted, is that Bigfoot are actually hybrids between humans and proto-humans. He also discussed the current Bigfoot DNA Project, spearheaded by Melba Ketchum, and a controversial case from last year when a hunter claimed he killed two Sasquatch in the central Sierra Nevada mountains, and now has "Bigfoot steaks" stashed in the freezer.
Last hour guest, cryptozoology advisor to Rue Morgue magazine, Lyle Blackburn, discussed reports of a strange beast known as the Fouke Monster that have circulated among the locals in southern Arkansas. In 1971, a family was reportedly attacked by a "big hairy monster," and within a year, there were around 50 more sightings, with descriptions of an adult creature with a narrow build. The creature became popularized as the 'Beast of Boggy Creek,' when the low budget film The Legend of Boggy Creek was released in 1972, and became a hit. The movie was indeed based on some facts, Blackburn said, who added that he considers the creature to possibly be a cross between the foul-smelling Skunk Ape and a Pacific Northwest-type Bigfoot. In 1991, a large skeleton (missing the skull) was found in the woods near Jefferson, Texas that some believe could be a Bigfoot, he added.
Biography:
Steven Streufert is the proprietor of a used and antiquarian bookshop in Willow Creek, California, in the heart of the historic "Bigfoot Country." Willow Creek is where the name "Bigfoot" became a household word in 1958, after giant tracks were found and cast just north of the town, up in Bluff Creek. This is the same area where the famous 1967 Patterson-Gimlin film of Bigfoot was shot. Steven blogs about Bigfoot on BIGFOOT'S BLOG, and has been writing about the topic since 2007.
Biography:
Lyle Blackburn is a frequent contributor and cryptozoology advisor to Rue Morgue magazine, one of the leading horror media publications in print today. Lyle's Monstro Bizarro blog is featured on Rue Morgue's website and his "Monstro Bizarro Presents" news column appears monthly in the print magazine. He has also contributed to websites such as Cryptomundo.com, and has been a featured speaker at paranormal conferences and horror conventions around the country.
Growing up in Texas, Lyle has always been fascinated with legends, lore and sighting reports of real-life "monsters." He has studied the phenomenon in legend, fact and film, and is the author of The Beast of Boggy Creek: The True Story of the Fouke Monster.
Lyle is also the founder and frontman for the Texas-based rock band, Ghoultown. Since 1998, Ghoultown has released eight albums, toured extensively in both the U.S. and Europe, and has appeared on several horror movie soundtracks. Most recently, Lyle and his band collaborated with legendary television horror hostess, Elvira - Mistress of the Dark, to create her new theme song, which was also turned into an extended music video. The video was featured on Elvira's Movie Macabre television show, which is syndicated throughout the U.S. on local stations.
Streufert spoke about some of the ancient Native-American lore regarding Sasquatch, such as the beings speaking a language, as well as trading with, abducting, and even mating with humans, and producing offspring. One theory, he noted, is that Bigfoot are actually hybrids between humans and proto-humans. He also discussed the current Bigfoot DNA Project, spearheaded by Melba Ketchum, and a controversial case from last year when a hunter claimed he killed two Sasquatch in the central Sierra Nevada mountains, and now has "Bigfoot steaks" stashed in the freezer.
Last hour guest, cryptozoology advisor to Rue Morgue magazine, Lyle Blackburn, discussed reports of a strange beast known as the Fouke Monster that have circulated among the locals in southern Arkansas. In 1971, a family was reportedly attacked by a "big hairy monster," and within a year, there were around 50 more sightings, with descriptions of an adult creature with a narrow build. The creature became popularized as the 'Beast of Boggy Creek,' when the low budget film The Legend of Boggy Creek was released in 1972, and became a hit. The movie was indeed based on some facts, Blackburn said, who added that he considers the creature to possibly be a cross between the foul-smelling Skunk Ape and a Pacific Northwest-type Bigfoot. In 1991, a large skeleton (missing the skull) was found in the woods near Jefferson, Texas that some believe could be a Bigfoot, he added.
Biography:
Steven Streufert is the proprietor of a used and antiquarian bookshop in Willow Creek, California, in the heart of the historic "Bigfoot Country." Willow Creek is where the name "Bigfoot" became a household word in 1958, after giant tracks were found and cast just north of the town, up in Bluff Creek. This is the same area where the famous 1967 Patterson-Gimlin film of Bigfoot was shot. Steven blogs about Bigfoot on BIGFOOT'S BLOG, and has been writing about the topic since 2007.
Biography:
Lyle Blackburn is a frequent contributor and cryptozoology advisor to Rue Morgue magazine, one of the leading horror media publications in print today. Lyle's Monstro Bizarro blog is featured on Rue Morgue's website and his "Monstro Bizarro Presents" news column appears monthly in the print magazine. He has also contributed to websites such as Cryptomundo.com, and has been a featured speaker at paranormal conferences and horror conventions around the country.
Growing up in Texas, Lyle has always been fascinated with legends, lore and sighting reports of real-life "monsters." He has studied the phenomenon in legend, fact and film, and is the author of The Beast of Boggy Creek: The True Story of the Fouke Monster.
Lyle is also the founder and frontman for the Texas-based rock band, Ghoultown. Since 1998, Ghoultown has released eight albums, toured extensively in both the U.S. and Europe, and has appeared on several horror movie soundtracks. Most recently, Lyle and his band collaborated with legendary television horror hostess, Elvira - Mistress of the Dark, to create her new theme song, which was also turned into an extended music video. The video was featured on Elvira's Movie Macabre television show, which is syndicated throughout the U.S. on local stations.
The Annunaki, Nibiru & The Dark Star Theory
Researcher Andy Lloyd discussed his 'Dark Star Theory,' the Anunnaki & Nibiru, and Planet X, as well as his recent novel Ezekiel One. In February, he spoke at the Return of Planet X Conference held in Rome, and found that many of the Italian attendees were terrified about the possibility of a rogue planet heading our way in 2012, and suspicious that governments were covering up information about Planet X.
Lloyd's dark star theory proposes that a sub brown dwarf is a kind of companion star to our sun and exists in the far reaches of the solar system between the Kuiper Belt and the Oort Cloud. He estimated that it's some 500 to 1,000 astronomical units away. The dark star could have vast magnetic and gravitational fields that interact with the sun, and recent anomalies detected in the outer solar system, could be evidence of its presence.
Further, the brown dwarf may be orbited by its own moons, some of which might contain life. One of these moons could be the planet referred to by Zecharia Sitchin as Niburi, the home world of the Annunaki. Lloyd incorporated the Annunaki as characters in his book Ezekiel One, exploring the idea that aliens are living among us. His novel, a conspiracy thriller, is set in the last months of 2012, and deals with government secrecy and Planet X.
Biography:
He has had a long-standing interest in astronomy, and the question of the existence of Planet X, or Nibiru. Andy is the author of "Dark Star: The Planet X Evidence". He has also recently completed a novel about the Anunnaki.
The Anunnaki are a group of deities in ancient Mesopotamian cultures (i.e., Sumerian, Akkadian, Assyrian and Babylonian). Their relation to the group of gods known as the Igigi is unclear — at times the names are used synonymously but in the Atra-Hasis flood myth the Igigi are the sixth generation of the Gods who have to work for the Anunnaki, rebelling after 40 days and replaced by the creation of humans.
The Nibiru cataclysm is a supposed disastrous encounter between the Earth and a large planetary object which certain groups believe will take place in the early 21st century. Believers in this doomsday event usually refer to this object as Planet X or Nibiru. The idea that a planet-sized object could collide with or pass by Earth in the near future is not supported by any scientific evidence and has been rejected as pseudoscience by astronomers and planetary scientists.
The idea was first put forward in 1995 by Nancy Lieder, founder of the website ZetaTalk. Lieder describes herself as a contactee with the ability to receive messages from extra-terrestrials from the Zeta Reticuli star system through an implant in her brain. She states that she was chosen to warn mankind that the object would sweep through the inner Solar System in May 2003. causing Earth to undergo a pole shift that would destroy most of humanity. The prediction has subsequently spread beyond Lieder's website and has been embraced by numerous Internet doomsday groups, most of which link the event to the 2012 phenomenon. Although the name "Nibiru" is derived from the works of the late ancient astronaut writer Zecharia Sitchin and his interpretations of Babylonian and Sumerian mythology, Sitchin denied any connection between his work and various claims of a coming apocalypse.
The idea of the Nibiru encounter originated with Nancy Lieder, a Wisconsin woman who claims that as a girl she was contacted by gray extraterrestrials called Zetas, who implanted a communications device in her brain. In 1995, she founded the website ZetaTalk to disseminate her ideas. Lieder first came to public attention on Internet newsgroups during the build-up to Comet Hale--Bopp's 1997 perihelion. She stated, speaking as the Zetas, that "The Hale-Bopp comet does not exist. It is a fraud, perpetrated by those who would have the teeming masses quiescent until it is too late. Hale-Bopp is nothing more than a distant star, and will draw no closer."[3] She claimed that the Hale-Bopp story was manufactured to distract people from the imminent arrival of a large planetary object, "Planet X", which would soon pass by Earth and destroy civilization. Her claims eventually made the New York Times.
This would be followed by the Earth's pole destabilising in a pole shift (a physical pole shift, with the Earth's pole physically moving, rather than a geomagnetic reversal) caused by magnetic attraction between the Earth's core and the magnetism of the passing planet. This in turn would disrupt the Earth's magnetic core and lead to subsequent displacement of the Earth's crust.
After Lieder, the first person to propagate her Planet X idea was Mark Hazlewood, a former member of the ZetaTalk community, who in 2001 published a book: Blindsided: Planet X Passes in 2003. Lieder would later accuse him of being a confidence trickster.
Robert Kiyosaki : In the world of Money and Investing, you must learn to control your emotions
Robert Kiyosaki : In the world of Money and Investing, you must learn to control your emotions; high emotions equal low intelligence.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Robert Kiyosaki : In the world of Entrepreneurs, you don’t need a college education
Robert Kiyosaki : In the world of Entrepreneurs, you don’t need a college education. You need a proper Education.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Dennis Gartman 'Watershed' Shift on Gold
Investor psychology had become so overwhelmingly one-sided in gold, Dennis Gartman of The Gartman Letter says.
the gartman letter. when we spoke last week you were overly negative on gold. what happened since then that causes you to make what you are saying is a water shed moment to go the other way? what did you see? as markets change it's always a technical circumstance, rarely is it fundamental change that gives you a shift in sentiment. you had ab jekt panic, throwing overboard of positions. you had the commercials on the future's market having their smallest net short position almost to the point of being net long that we've seen in many, many years. you had market vains bullish number lower than we've seen in several years and gold down 27%. when you read the newspapers all you got were bearish implications for gold. that's the sense that gives you a turn around and i think you've had it. you're talking about technicals and saying the fundamentals had to have changed. we sat on the desk last monday and you said gold is going dem on stra blee lower. you said there's no more easy monetary policy and you said other commodities are falling and they're falling on the back of zero global demand. i'm curious what the call is. tim, you did go lower from last monday until thursday you went 85, 95 lower. what has changed fundamentally? probably nothing. but you did have a technical circumstance that changed. i'll pay attention. i've been at this a long time. i want to see the technical sirkz that changed. that's the first things that happens. the fundamentals will follow later. and perhaps i'm wrong, i have been wrong before, i could be wrong again. i think what happened on monday -- so i agree with you. the psychology last monday night and that's why i think it's important we tell people that monday night people thought the world was coming to an end, the fed was running out the door. that was an overreaction. and that didn't happen. i think it's important that with gold and things that are so fed driven and sentiment has been so moved by the fed that are we saying that the fed is now out of the picture? i'm curious if that's implied in what you're doing. the fed is going to be out. the fed has told us they're going to be out of the picture but the fed is not going to be out of the picture in september. the fed is not going to be out until the end of the 2015. the monetary bases is increasing. it's bortherred me how severe has been the increase in the monetary base over the course of the last six months. the fed is still there. i don't think this is going to be an inflationary circumstance. i think all you have is to gold is another currency. it's ancillary to the dollar. the dollar is number one. gold is probably the second most important currency in the world right now. you and i got into a discussion last monday about the aussie. it's absolutely where it was last monday. i'm bullish. you're bearish and we are dead break even. i will tell you i actually said said -- the aussie is oversold. it goes to 9350 and i sell it again. dennis, what is water shed mean in terms of dollar terms? where does gold then go between now and the end of the year and also because sentiment was so negative don't you worry at least somewhat that you're get selling into any strength that we see and that's go going -- you got up to 1260 at one time. you broke it back down. there's going to be sellers of the gold on any rally. that's normal. i use the term water shed very rarely. it's the term i use when i'm making a change in sentiment. where does it go from here? higher, probably several hundred dollars higher. the risk reward is probably to the down side $75. to the upside 3 or $400 higher. so at 1255 you wouldn't be surprised to say by the end of the year we're at 16? is that doesn't seem that far fetched? that doesn't seem far fetched to me at all. that would still be $300 lower than its high. if i'm going to be bullish of gold i'm going to be a buyer of gold and a seller of yen. if you had done that over the course of the last two and a half years you're down. if you bought gold in yen terms you're down two percent. that's a good overperformance. because we know that opinions in position can change you told
the gartman letter. when we spoke last week you were overly negative on gold. what happened since then that causes you to make what you are saying is a water shed moment to go the other way? what did you see? as markets change it's always a technical circumstance, rarely is it fundamental change that gives you a shift in sentiment. you had ab jekt panic, throwing overboard of positions. you had the commercials on the future's market having their smallest net short position almost to the point of being net long that we've seen in many, many years. you had market vains bullish number lower than we've seen in several years and gold down 27%. when you read the newspapers all you got were bearish implications for gold. that's the sense that gives you a turn around and i think you've had it. you're talking about technicals and saying the fundamentals had to have changed. we sat on the desk last monday and you said gold is going dem on stra blee lower. you said there's no more easy monetary policy and you said other commodities are falling and they're falling on the back of zero global demand. i'm curious what the call is. tim, you did go lower from last monday until thursday you went 85, 95 lower. what has changed fundamentally? probably nothing. but you did have a technical circumstance that changed. i'll pay attention. i've been at this a long time. i want to see the technical sirkz that changed. that's the first things that happens. the fundamentals will follow later. and perhaps i'm wrong, i have been wrong before, i could be wrong again. i think what happened on monday -- so i agree with you. the psychology last monday night and that's why i think it's important we tell people that monday night people thought the world was coming to an end, the fed was running out the door. that was an overreaction. and that didn't happen. i think it's important that with gold and things that are so fed driven and sentiment has been so moved by the fed that are we saying that the fed is now out of the picture? i'm curious if that's implied in what you're doing. the fed is going to be out. the fed has told us they're going to be out of the picture but the fed is not going to be out of the picture in september. the fed is not going to be out until the end of the 2015. the monetary bases is increasing. it's bortherred me how severe has been the increase in the monetary base over the course of the last six months. the fed is still there. i don't think this is going to be an inflationary circumstance. i think all you have is to gold is another currency. it's ancillary to the dollar. the dollar is number one. gold is probably the second most important currency in the world right now. you and i got into a discussion last monday about the aussie. it's absolutely where it was last monday. i'm bullish. you're bearish and we are dead break even. i will tell you i actually said said -- the aussie is oversold. it goes to 9350 and i sell it again. dennis, what is water shed mean in terms of dollar terms? where does gold then go between now and the end of the year and also because sentiment was so negative don't you worry at least somewhat that you're get selling into any strength that we see and that's go going -- you got up to 1260 at one time. you broke it back down. there's going to be sellers of the gold on any rally. that's normal. i use the term water shed very rarely. it's the term i use when i'm making a change in sentiment. where does it go from here? higher, probably several hundred dollars higher. the risk reward is probably to the down side $75. to the upside 3 or $400 higher. so at 1255 you wouldn't be surprised to say by the end of the year we're at 16? is that doesn't seem that far fetched? that doesn't seem far fetched to me at all. that would still be $300 lower than its high. if i'm going to be bullish of gold i'm going to be a buyer of gold and a seller of yen. if you had done that over the course of the last two and a half years you're down. if you bought gold in yen terms you're down two percent. that's a good overperformance. because we know that opinions in position can change you told
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