Made in Hollywood Iraqi Government Crumbles

Jim Sinclair | JSMineSet.com

1. The President of the United States was stood up.


2. The stand up was a product of al Sadr and his Medi Army.


3. There was a walk out of those politicos who made the present Iraq leadership.


4. Those that made the present leadership can also collapse it.


5. The planned arrival of the Iraq forces in Baghdad simply did not happen. Soldiers ordered by their commanders to March once again refused. Yes, the Iraqi troops refused their orders.


6. These are the people who will supposedly soon be able to keep order in Iraq.


7. So far the only person to successfully keep order in Iraq is on trial for his life.


8. More people are dying monthly in Iraq than before the invasion to rid the country of its despotic ruler.

I have already pointed out to you the significant escalation of hostilities in the Narco-Democracy of Afghanistan.

The Pentagon yesterday spoke again about adding significantly more troops to Iraq as the solution to the non-civil war taking place. This is exactly the strategy that was applied continually in South Vietnam.

We are still staying the course, the cost of which in both lives and dollars is horrendous. Simultaneously the US economy has rolled over. Tax income is going to decline. There is no doubt about that.

With Tax income declines, entitlements now set in Democratic Party cement, war spending ever rising and tax reductions still in place the US Federal Budget deficit is bound to explode on the upside.

The dollar today is headed for its first test of .8050. Truth be known even a test of this level is absolute proof that it is stone dead. The opposite side of this is that gold will make the $750 before resting on this rally.