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New Martenson Report for Subscribers – Feb 10, 2009

The User's Profile Chris Martenson February 10, 2009
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There’s another Martenson Report ready.  I meant to have it posted and sent on Friday, but a technical snafu intervened and I was out of contact at Rowe so there it sat in the outbox…

At any rate, here it is.

Banks on the Brink

In the last report, I cautioned that stocks and bonds were falling together, and that this was a bad sign. Like clockwork, and in a pattern I now just call "Monday," there was a sustained campaign of buying in the stock futures pits by "somebody" with very deep pockets at the beginning of the week of February 2, 2009. However, I make the claim below that such price supporting behavior, if that’s what it is, has an eventual date with failure and then move onto a list of banks that seem to be signaling that trouble is coming.