Saturday, January 20, 2024

Goliath has Fallen

Week ended January 20, 2023, interesting news items to look at this week were:

1. Goliath has Fallen: US Federal Law Code Title 10 Code 8062 stipulates “the Navy shall include not less than 11 operational aircraft carriers and not less than 31 operational amphibious warfare ships, of which not less than 10 shall be amphibious assault ships.” Why 11, the US War Doctrine is all about a projection of power, an ability to fight two geographical distant fronts simultaneously. This doctrine has its origin from the two world wars when wars broke out in the Atlantic and Pacific at the same time. It is important to note that out of the 11 aircraft carriers, 1/3 will normally be in maintenance and retrograde, 1/3 involved in training and only 1/3 combat ready for deployment. The longest period of deployment of an aircraft carrier was 340 days and need to return to base. An aircraft carrier cannot sail alone because by itself it is very vulnerable to attacks, hence an aircraft carrier strike group comprising 1 Aircraft Carrier with 65 to 70 aircraft, 2 Guided Missile Cruisers (loaded with 90 missiles each), 2 Anti Aircraft Warships,and 1-2 Anti Submarine Destroyers or Frigates. This combat architecture had its useful days but with the advance of long range hyper-sonic missiles and combat drone swam means this primary basis of US Power Projection has been rendered redundant. A hyper-sonic missile has a longer combat range than an aircraft and cannot be intercepted by onboard air defense system. A drone swam is cheap to launch and can easily exhaust an aircraft strike group air defense capabilities. As an ominous sign, for the first time since WWII, a killer whale was stranded in Florida last week and died. (Fig. 1).


Likewise the US aircraft carrier, a traditional symbol of US Military might, has now become a stranded killer whale when faced with a peer adversary armed with modern warfare technologies.

(i) A Single Chinese Cruiser 055 Nam Cheong chased away an entire US Carrier Strike Group (Fig. 2):


The Chinese Liaoning  battle group encountered the USS Nimitz Class Carrier Group in the West Pacific and despite Chinese warning, the USS warships tried to interject into the Chinese Carrier Group formation. 055 Nam Cheong was singularly sent ahead to intercept the US Strike Group. For 20 days Nam Cheong tagged and locked in a firing position the Carrier Group Ships which no electronic interference and intimidation by US planes or ships could shake off Nam Cheong’s precision locked ins. Should Nam Cheong fired all 48 anti-ship missiles, the entire US Strike Grouup would have been hit with no time to react yet keeping Nam Cheong safely out of the adversary’s firing range. Eventually the Nimitz Carrier Group was forced to changed directions. 055 Nam Cheong was awarded “Model of the Era” in the first week of January 2024.  This is the third time US Carrier Group was forced to retreat by a single Chinese ship or plane by tactics and advance targeting.

(ii) US Aircraft Carrier Gerald Ford Left the Mediterranean Seas after Houthis Red Sea Escalation: (Fig. 3)


As the Red Seas escalates with Houthis drones and missiles vowed to attack US and UK Ships, the newest and largest Aircraft carrier quickly left the Mediterraneans to return to home base in Virginia. Even the prime Western propaganda media, Politico was honest and admited that the sums doesn’t add up in an article titled “A $2 million missile vs a $2000 drone” (Fig. 4).

 2. Shanghai Cooperation Organization Anti-terrorism vs Mossad/CIA/Kurdish/Isis/Turkmenistan Terrorists: The whole middle east conflict is getting to be extremely complicated with Israel setting the table to pull US fully into a direct war with Iran through proxy terrorists actions. Whilst Iran tried not to engage directly, terrorists bombing within Iran by ISIS but sponsored and supported by Mossad and the CIA leaves Iran leadership little alternative but to retaliate to placate an angry Iranian population. (Fig. 5).


In a first ever long distance missile strike (1,230 km) on Jan 16, 2024 Iran hit the Turkmenistan/Israel Spy Ring terrorists through satellite guidance from SCO and on ground intelligence from Syria and Russia. The 25 minutes missile run was precisely and perfectly timed. Behind the scene, Turkiey also programmed their anti-terrorism operations against the Kurds.  In a sense, necessity dictates a line up of Iran/China/Russia/Syria/Tuekiey/Yemen/Hezbollah against the Zionists.  With little fanfare, Iran also began to enrich Uranium to 60%, a step closer to Nuclear Weapons grade. (Fig. 6).

3. North Korea tests ‘underwater nuclear weapon system’ (Fig.7): All these saber rattling is keeping the global peace loving population on the edge and Christians on their knees.

The week’s financial markets:

A. Stock Market: DJI rose 275 points for the week or  0.73% for the first week. (Fig. 8). S&P 500 rose 1.16% and Nasdaq rose 2.86% for the week.


The sell down as a reversal of over bullish sentiment from the December FOMC Powell’s pivot comes to an end and stocks were bid up led by AI stocks. All that takes was for Zuckerberg to make a Instagram Reels statement that he intends to buy $9 billion of AI Chips from Nvidia.  (Fig. 9).

Stock punters seems to forget Meta is being clobbered by Tik Tok and the Chinese won’t buy the watered down version of Nvidia chips as a result of product embargo. With 90% of US stocks owned by 10% of US households, keeping these 10% eyes fixed at the Colosseum with the Magnificent 7 Gladiator Game is a hat trick the elites must maintain.

 

B. Debt Market: (Fig. 10): USGGe10YR ended the week at 4.13%, a rate increase of 19.1 basis points.



The Fed is in a real dilemma with a need for higher rates in order to sell US Treasuries domestically or driving the private productive sector off the recession cliff.  In the meantime, my watching brief on a end Feburary liquidity crunch remains unchanged. (Fig. 11)
C. 
Commodities and Precious Metals: Trading results for the week: (Fig. 12) Uranium (+3.48%), NASDAQ (+2.86%), S&P 500 (+1.16%), Oil (+0.58%), Rubble (-0.24%), GBP (-0.36%), CNY (-0.37%), Eur (-0.54%), Gold (-0.85%),  JPY( -2.22%), Silver (-2.39%), and Bitcoin (-3.93%).

Again a manipulated Friday close to show USD and GBP gain from the Missiles strike on the Houthis. The rally on Bitcoin came to a close as the news of Spot Bitcoin ETF ran out of steam.

 

Revelation 14:8  And another angel followed, saying, "Babylon is fallen, is fallen, that great city, because she has made all nations drink of the wine of the wrath of her fornication." 

 

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