What the future will hold is such a dramatic sharp burst to astonishing new price levels of several thousands of dollars. This does not even require hyperinflation. It is not likely that the United States would enter a hyperinflation mode. The system would collapse long before that takes place. The much more likely result will be a complete currency default with a replacement of a new currency. This is one way government defaults by using a shell game so that the average person does not understand he was just taken to the cleaners.
- Martin A. Armstrong on Gold
The FED Cannot Keep Stocks Up
What a difference a month makes. As I prepared to begin my Labor Day weekend in late August the financial media was abuzz with predictions of stock market doom. You could barely read anything without being confronted with several references to the dreaded Hindenberg Omen and how the appearance of several of these had all but guaranteed an imminent stock market collapse. There were plenty of reasons to be bearish. The market performed horribly in August and the economy was clearly still in the dumps despite a continued endless propaganda to the contrary. Nevertheless, the constant predictions of doom was indeed a great contrary indicator and barring some monster reversal today we are about to finished the month of September +10% in what is typically the worst month for stocks. It is set to be the best September in 70 years.
The truth of the matter is while the relentlessness and strength of the rally did surprise me a bit the fact that we bounced hard did not. Ironically, the reason I thought this could happen is because I am SO bearish. At the end of the day, if you are coming from the angle that I am you need to assume the stock market is a political tool for those in charge. I have said this time and time again.
i belief they should print more finases. if they increase the amount of dollars there wouldnt be this problem. Say it again, print more moeny. All is fine get your senate to print more dollars for people to have.
ReplyDelete- Sam
i belif want more printing money, more printing means more value money, i want more print finases good for more money, ircrease moeney good for us, we love it too much, all is fine, everywon working everyone have lots money good for us, tell senate to print more, we love it and it will be worth more if more printed, for people love it to have it
ReplyDeletesam
Sam, are you a mongoloid? Its OK if you are.
ReplyDelete"Sam" - I just love your amusing parody of an uneducated sheeple! (Surely no one regularly reading posts on this board could really be that dumb.)
ReplyDeleteThe part about asking the 'Senate' to print more 'dollars' was especially droll....
ReplyDeleteSam for President!!!
ReplyDeleteEA - Thank you, thank you, thank you! This article makes EXACTLY the point I was making in posts on this blog yesterday about gold. You are the man!
ReplyDeletehttp://www.bloomberg.com/news/2010-09-30/gold-may-advance-on-demand-for-wealth-protection-survey-shows.html
Here is the question? When is all this going to happen? I am so tired of everyone crying "the sky is falling" and it's business as usual. If things were going to fail, would it not have happened by now? We are not rioting here, like in Europe. Sure, there were 30,000 people turn out for the Section 8 housing applications. I understand that if people had to get in a line to get food stamps, and not have them mailed to them, or direct deposited to a card, it would look more like a "depression". So, are we hiding it? I would prefer it get started so we can get past it. I am tired of waiting for the worst to happen.
ReplyDeleteThe sky is falling, just look at what is happening in Ecuador and look forward to it happening here. They cut the benefits of the police and they went crazy. Wait till the Tea Party gets rid of social security and medicaid and ends government pensions. You better have a bunker!
ReplyDeleteThe Biggest Disconnect Of All Time:
ReplyDeletehttp://www.uncommonwisdomdaily.com/the-biggest-disconnect-of-all-time-10180
http://www.moneyandmarkets.com/the-biggest-disconnect-of-all-time-40273
5:09
ReplyDeleteWe are in a depression already. There was really no recession. They absolutely are bullshitting about the recovery and double dip... neither exist. The economy is in worse condition than it was a year ago, two years ago, and will get worse. Don't plan for anything long term if you are wise. Even without the depression the rate of change that this planet seems to have on it now is too much to even calculate or memorize. There is more change in a month today than there was in a decade - 20 year ago... and that was fast!
It's been happening for a while. What are you waiting to see? There's no business as usual, all I see in real life are people who can hardly pay the bills, youth without jobs, foreclosures left and right, nobody affording inessentials, businesses closing here and there, and higher taxes and prices at stores.
That' only the here and now. Of course the television likes to show beautiful bikini bodies everywhere on beaches or people getting rich on reality shows... hey, if they can do it so can you!
Forget the here and now, in 2012 Obamacare begins... say goodbye to hospitals and doctors. Wallstreet which 'they' also got through will wipe out the economy if nothing else does, Immigration and Cap and Trade will do more or less damage than what's already been done.
The dollar is already hanging in the balance, there is no business as usual. When is it happening? It is happening right in front of you. If you are looking for anything in particular still, then you probably have a myopia. Stop staring at the moon - you'll miss all the heavenly glory.
The border is being lost as well, they now believe the people supplying these drug cartels with weapons were Hamas. Iran is getting closer to obtaining a nuke. Communist groups by the hundreds are pouring out into the open and demanding their wealth redistribution - can you imagine how anyone is going to agree on anything in this country? 300,000 British youth are members of the Taliban. Alcohol consumption is at an all time high, the average teen texts 100 to 200 times a day (24/7), millions of babies have autism, most kids have a broken family, one out of four teen girls has an STD, and the education system is more laughable than ever before. What do you think this generation is going to be like when they're adults?
There is far worse than the sky falling. Our only hope for any life is if the world does end, rather, the current system does collapse. The final piece is the possibility of NWO. I doubt you prefer what the Progressives have planned for 2025 and what these creeps have been plotting and hoping for. I certainly hope that these people will fail and are just mortals. Nevertheless, mortals are capable of both horrible and inspiring things.
This paper was on an actual government site. They want to depopulate the world, sterilize people from making babies, control everything you purchase, and put humans as numbers. Note to people who bash religious talk - they want you to believe you're a piece of shit. You're just a pile of flesh that melts as easy as butter, now get in the cage monkey
#226,260,894! You have no significance, monkey.
I have two potential futures: One is where the system is wiped out, anarchy spreads, communities are formed up, humankind is at a chaos point and I help make a new foundation with others. Option two is suicide. I will kill myself before ever allowing my life to be controlled by mentally, emotionally, and spiritually inferior beings (Eugenicists).
Strangely, people would rather discuss Beyonce's new video than any of this. They do not seem to care about their survival/life. Why? Those who will care about their lives will not kill themselves when they don't have television anymore. They'll be happy to have whoever is around them helping them see in the dark.
6:08 Suicide? Get help, it is not that bad.
ReplyDelete6:08, are you done standing on your soapbox now?LOL
ReplyDeleteWhat moron would wait two hours for a table at a pizza join?
ReplyDeleteMaybe they're having pizza to console themselves that they just defaulted on their credit cards.
ReplyDeleteAs pointed out the indicators are all around you. Riots in the street, attempted coup's. The popular media is barely reporting these stories so you don't get the point that it is a big f**king deal (thanks Biden). But thank god Beyonce has a new video, Survivor is on again, the Great Race starts soon and I can't wait for American Idol...
ReplyDeleteDon't buy gold and silver buy wheat and canned goods. If gold reaches $5000 an ounce who will buy it? And if the dollar is so inflated that gold reaches $5000 would their money be of any value if you did sell the gold. At least you can eat the food. And if you buy enough food you can trade it for other things you need.
ReplyDelete