Invisible but Invincible!

Martin here with a quick update and big picture overview.

Deflation is now striking with unprecedented power and speed:

Last week, OPEC announced its biggest production cut in history … and STILL oil prices collapsed, extending their largest decline of all time.

The Treasury, the Fed, the outgoing Bush administration, the incoming Obama administration, and nearly every government in the world threw — or vowed to throw — the kitchen sink at the economic crisis … and STILL they were unable to turn the tide.

Everywhere, it’s a pattern that repeats itself month after month, day after day. Just step back from the trees and contemplate the unfortunate, sometimes pathetic, events unfolding before your very eyes, and you will see what I mean …

September: Secretary Paulson literally drops to his knees begging Congress for a $700 billion rescue package … and just six weeks later his entire plan is washed away by events.

This past week: Chairman Bernanke drops interest rates to virtually zero, Wall Street rejoices with a grand rally … and just 48 hours later, the entire rally is gone.

This past Friday: President Bush bequeaths $17.4 billion to Detroit, the Dow surges … and just seven hours later the entire rally is gone AGAIN, every point wiped out.

Meanwhile, auto sales, retail sales and technology sales are collapsing globally. Factories are being shut down. Entire nations are sinking into an abyss.

Why? What is the invisible-but-invincible force that’s making mincemeat of every man-made master plan, sabotaging every new government rescue? Price deflation and debt collapses!

Brace yourself. It’s not over yet. Not by a long shot!

Good luck and God bless!

Martin

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