Gerald Celente has put a date on the upcoming stock market crash. When?

[Dennis Leahy]

Gerald Celente has (evidently) put a date on the upcoming stock market crash. When specifically? All I could glean is "by year's end", but maybe someone is subscribed to his "Trends Forecasting" newsletter...and maybe the date is more specific there.

I don't begrudge Celente a stipend for his newsletter, but (if he's correct, and he evidently has quite a good track record on financial/economic predictions) in my mind, this information is too important to keep hidden.

Anyone have the pulse on this?

Thanks,

Dennis

[3(C)+me]

I am very weary of anyone giving dates during this time, he may be right but...so many factors are in play, so many things can happen, so many hands in the pie.
This may come back to haunt him.
But at some point something has got to give.

[Gaia]

Recently, Oxfam has revealed that by 2016, 1% possess more wealth than the remaining 99% of the population. The Pew Research study shows that the gap between rich and poor in the United States is the largest since the "Gilded Age "
(between 1870 and 1900) Yes, people do not trust central banks.

I think many are feeling that ''something'' is soon to happen. I was at Wal-Mart early this morning. The manager had to replenish my cashier’s drawer with cash. Cashier says to manager that she has lately had to give more cash back on debit purchases than usual.

[Wind]

The rumor goes that you have 12 months after the economic meltdown before severe cold hits and many say that during this or next fall something could happen to the stock market, then again they have been saying that for years. There are just many signs and you've seen if you have looked for them. The people in the know have been preparing for extreme weather and the breakdown of the infrastructure. Officially we have been preparing for global warming when in fact in the next few years it's going to get so cold in some parts of the globe that they will be praying for global warming. It is beyond idiotic, I wonder if it's actually intentional.

Small communities will thrive in the future, don't know too much about big cities. If there will be good inventions which actually gives humanity a chance and free energy will released, we will have much easier future. Will that be the case? Anyways, goodness will always prevail and we are supposed to build a new world. This current system only benefits the few while the rest suffer or are part of the matrix. The future generations will ask us "that did they actually let people starve? Some peope could control others by having more money? And they had wars over oil just to make profit?" "Why didn't anyone do anything about it"?

[Deega]

Thanks Dennis to share your preoccupations on Celente latest predictions, I have the following link predicting Stock Market crash on the King World News (Don't know how credible this is though!).

http://kingworldnews.com/gerald-celente-just-predicted-a-global-stock-market-crash-and-gave-the-exact-time-frame/


Here's another link.

https://www.youtube.com/watch?v=zFCIWkm_FQ4

[Bill Ryan]

-------

Here's exactly what Gerald Celente said:





Yes. Rarely do I ever put a date on market crashes. I did it in 1987 when I forecast the 1987 stock market crash — that was in the Wall Street Journal. I also forecast the ‘Panic of 2008,’ and the 'dot-com bust' in October of 1999, when I said it (the dot-com mania) would fail in the second quarter of 2000.

I’m now predicting that we are going to see a global stock market crash before the end of the year. It’s not only going to be the Dow, it’s going to be the DAX, the FTSE, the CAC, Shanghai, and the Nikkei. There’s going to be panic on the streets from Wall Street to Shanghai and from the UK down to Brazil. You are going to see one market after another begin to collapse.

[Matt P]

I hold nothing at all against Gerald Celente. I actually enjoy listening to him and I appreciate his warning being shared.
Two things though.
One, thoughts are things and I can't help but wonder when I notice so many people predicting chaos if this is not an orchestrated effort to plant those thoughts in the masses to get that energy from their fear and belief that then helps manifest those things. Most of the 1% will not be effected by a global crash in the way that every day folks will so who does this collapse benefit? Them. Every time I hear a gloom and doom prediction I just say to myself, "I do not accept this. I remain certain it will be a positive outcome." I have still taken efforts to be more self sufficient and think I will do ok if the you know what hits the fan but I still don't allow myself to give my energy to negative expectations.
Two, keep in mind a couple things. When we're talking about these markets I think it's important to remember all those companies and all those markets and all that money only represents a small portion of the economy. Small businesses are still far and away the largest percentage of the economy. The backbone of the country, if you will. I also know that this global economy, which must always grow and consume, is not sustainable and cannot keep growing and consuming like it has been if we are going to achieve the kind of world we want. Sooner or later we have to hope it takes a step backwards, don't we, and slows down? I hate to say it but a part of me hears all this stuff about the markets crashing and I can't help but think about lighting a camp fire, getting out my marshmallows and a six pack of beer and enjoying the show. I suppose it would be rough but I think it would be good for us. Get us back to community and helping each other and maybe have all the vaults holding our birthright secrets opened up and lets start anew.

Matt

[gripreaper]

My take on a stock market sell-off is predicated upon a convergence of variables which would indicate a high probability. First, as a stock market participant, looking at the technicals.

http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=djia&uf=0&type=2&size=2&sid=1643&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=8&rand=414927258&compidx=&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

What I see is about six months of distribution by the big players. The indices have been stuck within a trading range, (17,500-18,300 on the Dow) and have now broken support of the 50 day moving average. I can't load an interactive chart to show you all the variables indicating distribution, and only the most experienced traders would notice this anyway.

The fiat currency which has been fueling the market run over the last several years has come from Quantitative Easing, or the printing of huge amounts of debt that goes first to Wall Street, where the big players speculate with it and use their computer algorithmic programs to transfer wealth into their pockets while stealing it from the market. None of the gains in the market are due to increased investment in corporate infrastructure or capital improvements, or gross domestic product. If you look at the fundamental's of the companies which historically would indicate a healthy market, they are not there.

What typically happens, is those retail investors who have been sitting on the sidelines since they last got slaughtered in 2008, start to re-enter the market because the gains are just too much to pass up and there is really no place else to put your money where you can at least keep it from deteriorating due to inflation. So, the weak hands take over and fuel the run-up to the end. These retail investors always get slaughtered. Volume generally, when weak, shows that these retail investors are "all in" and the market is poised for a sell-off again.

Now, from a more esoteric viewpoint, we have the fourth blood moon coming up in September and the Pope is slated to address the United Nations and call for peace in One World under the United Nations. If one discounts the ritualistic and symbolic nature of those who have been fleecing mankind for millennium, then they do not see all of the variables coming into play.

Couple that with the distribution of population control infrastructure all around the world, the beta testing of the digital information gathering and surveillance grid fully beta tested and online, it is blatant that all of the necessary civil disobedience protocols are ready, as well as the digital grid now plugged into the most sophisticated computer and software ever devised to make decisions in record nano seconds, once the implementation of the agenda moves out of the beta stage and goes live.

We see the memes being pounded into the collective consciousness over the last few years preparing the population to accept the new paradigm laid out for us. We are constantly bombarded with news of how sick and evil humans are and how there needs to be surveillance and control over every aspect of our lives, for our own safety of course. There are the outside sources we should fear as well, such as aliens, viruses, disease, guns, lone gunmen, droughts, food shortages, illegal immigration, austerity, economic collapse, wars, terrorists, preppers, constitutionalists, patriots, and your next door neighbor.

We are encouraged to rat on our fellow man in order to support the social order and to surrender our peers to the system of justice, for the safety and benefit of us all. We are not supposed to think for ourselves, or take any actions to support ourselves, or provide for any health protocols which go against the genocidal system in place. Those, such as Dr Bradstreet, who would have a breakthrough health discovery, are summarily and unceremoniously removed from the planet. Those in politics or on Wall Street who go against the protocols are also suicided.

So, the message becomes: Don't go against the system or we will kill you or make your life and that of your family completely miserable. We see this among those who are awash in debt with their credit cards and their mortgages, how the judicial system just beats the crap out of them and the attorney's get huge sums of money from Wall Street not to let up on the people at all. Huge sums go into forcing compliance to the debt system and working to pay interest, and anyone who attempts to go against this finds themselves on the street.

Now, your credit report is tied into every aspect of your lives, and even employers are looking at them. Your insurance rates are predicated on your credit report now as well as being able to rent a place to live. The working class are between a rock and hard place. They have nowhere left to turn.

Although I think we are in for a long slow bleed where all asset classes are taken out behind the woodshed and severely beaten, as Catherine Austin Fitt's and Joseph Farrell are of the mind, it wont collapse until the remainder of the middle class baby boomers, who still hold some wealth, get to the point where they also see the handwriting on the wall. This last vestige of the "work hard and get wealthy" capitalists are still drinking the kool aid and are not willing to admit that their gains came from building the military industrial complex which is enslaving their fellow man. They still believe it is because they are smarter and the rest of us are just lazy. When they get hit, then this slow bleed picks up steam and runs.

Another coined phrase which Gerald Celente likes to use is: "When people have nothing left to lose, that is when they LOSE IT". That moment might take ten years to bleed out all the wealth, and the flight to the dollar for safety will set the stage for the dollar collapse. Most of the world needs to flee into the dollar before that happens, just like the locals in the great USofA are now fleeing into the stock market. Same game, just different stages.

What will be interesting, as the old paradigm is torn down and dies, will we buy into the New World Order being laid out for us, or will we remember our DNA imprints from Atlantis and not do this again, and actually stand up and create the future we want? We all know that free energy exists, and this one catalyst would really break the chains of bondage and embolden mankind to take a run for the golden age.

It really is up to the white hats who hold the keys to free energy to come forward and for the military to "stand down" when it comes to their fellow man. I hope they do when the time is right.

[Dennis Leahy]

Wow, Grip, that was worthy of a standing ovation, and all I have is the damn "Thanks" button.

The 'slow burn' is working great for them, and, their training of US citizens to acquiesce to ... ANYthing also seems to be working perfectly for them. If a slow burn is the game plan, Celente could still be correct with a gouging plunge in the market rather than total financial collapse. I mean, the average US stock market investor lost about 38% of their investment in the (so-called) "housing collapse" of 2007/2008, and there were no food riots, no FEMA camps populated.

So, the insiders that play at the high-end with financial algorithms, work the "shorts", and buy low after a medium-sized crash can kick over the domino to yet another 40% skim off the top in 2015... and the (lower-level) investment class will do nothing more than scream and cry and yell and whimper and ... live with the loss. What makes the news is the amount of money, expressed as "losses", but if collectively a trillion dollars is lost, someone else gained a trillion dollars.

[gripreaper]

The 'slow burn' is working great for them, and, their training of US citizens to acquiesce to ... ANYthing also seems to be working perfectly for them. If a slow burn is the game plan, Celente could still be correct with a gouging plunge in the market rather than total financial collapse. I mean, the average US stock market investor lost about 38% of their investment in the (so-called) "housing collapse" of 2007/2008, and there were no food riots, no FEMA camps populated.

So, the insiders that play at the high-end with financial algorithms, work the "shorts", and buy low after a medium-sized crash can kick over the domino to yet another 40% skim off the top in 2015... and the (lower-level) investment class will do nothing more than scream and cry and yell and whimper and ... live with the loss. What makes the news is the amount of money, expressed as "losses", but if collectively a trillion dollars is lost, someone else gained a trillion dollars.

Yea, a 50% haircut in the market is not out of the question this fall, and is highly probable. The upper middle class, who are still drinking the kool aid, would slam their wallets shut and go into "hunker down" mode, but they would still be able to eat well, drive their fancy cars, go on vacation and continue to live the lie. I know many of them who could take a 500,000 or a million dollar hit and still be okay.

So, if we do get a 50% retracement in the market, that does not really affect the 80% who are in poverty already, and certainly does not affect the super wealthy 1%'ers. It hits that 15% who are still on the fence, just not enough to flip them over the edge.

What it does do, is it slows down the velocity of capital as well as the amount of capital in circulation, which puts pressure on pricing as well as investment, and slows down production and product output. This exasperates the problem, and that's how the slow bleed accelerates into a full blown tsunami, through scarcity and maligned distribution.

When that happens, any assets on the sidelines are forced into liquidity to make up the shortfall, and that is when the fire sale asset prices will decline in all asset classes and accelerate, as there will be no respect for one class over another at the fire sale. That is when the deflation phenomenon really takes off and begins to strip everybody of everything.

A 50% haircut in the market is just the precursor.

[3(C)+me]

I think it will be very interesting what they do this fall, if they crash it, people will be in shock, people will go into super survival mode and some workers will have their "Aha" moment and say, why am I working and slaving away when what they told me is a big lie.
Even those big executives with their big salaries can feel a little used after awhile but they bought into the system, if they know some of the secrets of their masters or put two and two together well, I would not want to be in their position right now I don't care how big my house is and how many cars I have in the garage.
To me the loss of freedom is a real crime and riches and stock options at some point come up short, especially if one day you have millions and the next nothing.
But a slow decline can also trigger a wake up call.
I know their are people in my community that are have been planning on how to function in their local area when it goes down, slow or fast. This talk has been going on for years and some people have been slowing and quietly putting away supplies and waiting for it to happen and find away to get around the system. This is a big county, people can find ways of not being monitored, granted, they are going to have to let go of their devices, and have a old car and actually go see other people in person and have a chat.
I know they think they have all their little eggs are lined up in a row but I think a person who is awake and takes action in their own lives and is determined to be ok and have a quality life, without fear, they are a force to be reckoned with and I am sure they hope the number is small.

[Redstar Kachina]

..........

[ThePythonicCow]

The intensity of the doom & gloom from all corners seems to be ratcheting up ... If done sufficiently, it becomes self-fulfilling. The depth of the fraud and disconnection from reality of official pronouncements is also at high intensity.

I will be surprised as h*ll if it is not obvious to the majority of us here, by year's end, that world financial, economic, trading and monetary systems have entered a crisis. By the end of 2016, it will be obvious to the majority of the population.

The American Empire will be collapsing, and its special privilege as the issuer of the world's reserve debt will collapse outright. China has the gold, and will be the next world leader, just as the US became after World War II, when it had the gold collected from victories in Europe and Asia.

But, just as the US had to go through a decade of economic reset and major depression (in the 1930's), China is entering such a tumultuous period now. Life as the last standing and greatest provider of low cost manufactured goods to the Western Empire is no longer a profitable way of life, when the Empire collapses.

There has been some "false starts" for this massive economic and monetary and power center reset, perhaps deliberately so, perhaps not, perhaps it doesn't matter now which.

Ten years from now, in the US, it will not just be the escapees from Cuba who understand surviving in a severely depressed economy. Most Americans will have some or substantial experience with such.

New technologies, including substantial improvements in 3D printing, radical changes in energy production, and dramatic increases in space travel, will be introduced as some of the building blocks of the next economy. These could not be introduced yet, to any significant degree, because it was necessary (to someone, I'm not sure who) that the current economic/monetary/power structure collapse, once again, to provide yet another opportunity for massive change.

[amor]

If they cut off even the pittances they allow to the poor and elderly, they will be committing deliberate genocide and horrible suffering. Nothing good can rise out of such evil.

[Zionbrion]

Here is an interesting video from SGT report. He interviews a man who does not wish to disclose his real name and business, but recieved a phone call from some sort of elite financial type person wanting to buy everything he had.
z-VtwF9d4n0

[johnh]

[QUOTE]There are the outside sources we should fear as well, such as aliens, viruses, disease, guns, lone gunmen, droughts, food shortages, illegal immigration, austerity, economic collapse, wars, terrorists, preppers, constitutionalists, patriots, and your next door neighbor.
[QUOTE]

Excellent post but you forgot about second hand cigarette smoke, perhaps the primary threat of our time, at least in the elitist playground Boulder, CO.

People are now calling the police department when people smoke cigarettes closer than 15 feet from the main entrance to a coffee
shop. It's a $250 ticket to the coffee shop owner even though he has signs posted near the doorway and the fines escalate for repeated offences. Heaven forbid that a molecule of tobacco smoke should enter the nostrils and or even lungs of an innocent victim who is merely entering a coffee shop. I found this out from the owner whose place I frequent, and yes I confess that I smoke cigarettes while drinking coffee, sometimes closer than the allotted 15 feet. He did get the ticket then pleaded with the smokers to be careful. The city also informed him that they would be sending people (highly paid probably) to his shop to monitor the situation to make sure there were no more violations.

So, this is what is important in the USA. Eventually there will be shootings over this while the cannabis business is thriving under chem trailed skies. Go figure............ land of the free, home of the brave, and where the buffalo used to roam before they were slaughtered and you know the rest..........

Am just an old dinosaur who must have his priorities mixed up or this country has a massive dope problem.

Now, back to that pesky global banking cabal...........

[Tesseract]

Can I be provocative? Talk is cheap. cheap cheap cheap..


Celente has disclosed his positions? I had a hunt around but didn't find anything recent. I'm talking about where his own money, not that of his clients, is at stake. Is he long December SPY puts, is he short VIX calls? Does he even have a position at all? It's so easy to make these kind of predictions when you don't have to support them with your own cash, I'm talking about the permabear pundits in general when I make that statement.


To all you people in this thread, declaring that you are confident there will be a market collapse this year; what are your positions? Do any of you trade derivatives? Do you have any idea what is possible here? This is like talking about the coming flood, and neglecting to discuss building a boat.



You can buy the December $135 SPY put right now for $0.1 a contract. If there is a ~50% fall (SPY: ~210-->105) the same $135 put contract will be worth $30. That gives you a 300x multibagger. In other words, $3300 turns into just over $1M. It's a simple, safe trade, the most you can lose is $3300 and you can make it with only level 1 trading privileges. If I thought this kind of fall was highly probable, I would definitely be making this trade.


So, if you really think TPTB are going to pull the plug and you aren't trading it, why not? I'm sure there are all kinds of excuses. I see these kind of predictions all the time, and no one ever bothers to do the obvious and put down their own cash, at least, not publicly. But, its not so much about their cash as it is about credibility.



Anyway, that is my provocative contribution. Some more general thought are:

The market has endured the following with barely a blip registering, I think the worst that we had was an almost perfect 10% correction.

Cyprus
Greece
Oil collapse
Chine share market collapse
Ebola
End of QE
Ukraine
Syria
ISIS

I'm not saying I agree with all these things being triggers, but they were considered to be such by many people at the time.

As the Greece situation was ramping up more recently, my thoughts were that if there is going to be a collapse, it will stem from that, and would occur sometime this year. Although that climax seems to have passed, I still have some reservations about the market. There's still room for a decline this year, but that's mainstream opinion anyway. I could go into the kind of theories some have mentioned here, but I'd have nothing concrete to back it up. I will say that I don't trust that confused quail looking Yellen as far as I could throw her (is quail hurling a sport)?, all it would take is a particular chirp in one of her speeches and the markets would tank. A black swan could also come along at any time too.


Some of the big names in the market are beginning to stall out. It's looking kind of bearish to me. But there have been so many triggers for something more sudden to happen, and none of those triggers have caused a reaction. I lean towards being bearish, mostly because I think the market is overvalued having climbed so relentlessly, and will experience a technical correction. But, really, I have absolutely no idea, that's why I'm not making a big bet right now. Nobody knows except a small handful of powerful people, and even they don't control everything.


I have a bit of an alternative theory about the Reserve Bank of Australia, FWIW. The governor of that institution is an extremely clever guy, I'd like to know what he is thinking before anyone else. Reading between the lines one could conjecture that he is increasingly worried about major global economic headaches over the next year. Something that might collapse the Australian dollar. In fact, if I wanted to make a crazy bet, I would bet on the $AUD taking a massive fall, even to below 0.5 USD. It's not necessarily likely in the absolute sense, its just a risk-reward situation that might be attractive.

[robinr1]

So, if you really think TPTB are going to pull the plug and you aren't trading it, why not? I'm sure there are all kinds of excuses. I see these kind of predictions all the time, and no one ever bothers to do the obvious and put down their own cash, at least, not publicly. But, its not so much about their cash as it is about credibility.



man its late but geez man.... its extremely hard to believe someone made this post on this forum. ill address the portion of your post above. I for one am 100 percent certain that the Ponzi scheme they call the world economy will crash. its only been held together the last 7 years by the fed and the imf adding imaginary digits

to the central banks balance sheets. this can not go on forever. as for why I am not trading it as u put it... very simple. im not evil.

[sigma6]

I hold nothing at all against Gerald Celente. I actually enjoy listening to him and I appreciate his warning being shared.
Two things though.
One, thoughts are things and I can't help but wonder when I notice so many people predicting chaos if this is not an orchestrated effort to plant those thoughts in the masses to get that energy from their fear and belief that then helps manifest those things. Most of the 1% will not be effected by a global crash in the way that every day folks will so who does this collapse benefit? Them. Every time I hear a gloom and doom prediction I just say to myself, "I do not accept this. I remain certain it will be a positive outcome." I have still taken efforts to be more self sufficient and think I will do ok if the you know what hits the fan but I still don't allow myself to give my energy to negative expectations.

Two, keep in mind a couple things. When we're talking about these markets I think it's important to remember all those companies and all those markets and all that money only represents a small portion of the economy. Small businesses are still far and away the largest percentage of the economy. The backbone of the country, if you will. I also know that this global economy, which must always grow and consume, is not sustainable and cannot keep growing and consuming like it has been if we are going to achieve the kind of world we want. Sooner or later we have to hope it takes a step backwards, don't we, and slows down? I hate to say it but a part of me hears all this stuff about the markets crashing and I can't help but think about lighting a camp fire, getting out my marshmallows and a six pack of beer and enjoying the show. I suppose it would be rough but I think it would be good for us. Get us back to community and helping each other and maybe have all the vaults holding our birthright secrets opened up and lets start anew.

Matt

Hmm... well said Matt... good response to a complex ongoing dynamic event, I agree this benefits the rich, the thing the "economists" leave out is the why? or better what is the motive behind all this?... It obvious the wealthy are hoarding up as much money and resources as they can... because they will be "camping" when the SHTF... that's why they are hoarding...

If an economist took the point of view that much of this economy is controlled... (think Karen Hudes, Inner City of London taking 40% and Vatican taking 60% of the income tax of all commonwealth countries (and probably all countries that collect income tax, that borrow from the IMF!) And that they also control 40% of the Companies on the Global Stock Markets through interlocking Boards of directors, and take 60% of the profits... then the question would jump right out at you wouldn't it...

First off, now you know why she can never go on Main Stream Media with THAT message. Even as a 20 year veteran lawyer of the World Bank (with a background in economics and trust law I might add)

Because what she is saying is verifiable and provable. and therefore...

Secondly, people might put two and two together and figure out they MUST be creating this financial climate... How could they NOT!? They are controlling the Fed, the printing of money, the interest rate, the congress, (i.e. the sanctions which are having devastating economic effects...) the Banks, the bailouts, etc, etc. ... It's orchestrated from top to bottom... and if the general public didn't most certainly people like Gerald and many others would (I don't doubt they have insight into this already in fact, but don't want to become "Karen Hudesed" (if I may coin a phrase)

The only question remaining is what is their motive? And I think we all know what that deal is... It has been predicted and prophesied for over 2000 years (and I am certain it is the same families and bloodlines that had a hand in writing that book as well)

Your comment about the private sector... I am not so sure... In Canada the government is so huge, employs so many people that everyone has to work over 6 months... just to pay for it, before they can pay themselves... and that date keeps getting pushed back farther and farther each year.

They don't don't like the private sector, even as they feed off them, they want everyone to work for them or under contract to them.

Total jurisdiction while suppressing education on the origin and meaning and implementation of what inalienable rights are. Since things like "God given rights" (which is what inalienable rights are) have no place in a "corporate work environment" ...or at least they would like you to think so... and this is the trick... this is in fact a false and subtle suggestion... the reason behind the politically correct propaganda campaign (that I find difficult to get people to see it for what it is...) And the Muslim religion of jihad isn't helping (sorry Muslims) even this is another propaganda campaign, because all institutionalized religions like Christianity and Islam in particular have a code that requires fighting against and killing if necessary, "enemies of your Lord"... (It almost sounds like a setup doesn't it?)

When in fact the main focus of religion was supposed to be compassion and love... hmmm... I guess that happens when you elevate a philosophy to the level of an "institutionalized religion" (points for Eastern philosophy...i.e. if you think about it, and take away all the "magic tricks" religions IS PHILOSOPHY! and yes miracles can still happen with the right philosophy... (because God is everywhere)

Anyhow... because of the ignorance and stupidity of the modern masses today. People actually don't comprehend that these are superior to any statutory laws and contractual obligations... But since people don't know how to implement and exercise them (because they don't even understand the purpose or meaning of being under "God's jurisdiction" they have unwittingly sold their birthright for a bowl of stew. i.e. The whole hidden meaning of the story of Jacob and Esau. (very odd story too, when you really think about it, which, like in movies that don't exactly make sense, is a hint, that there has to be more to the story then just the seemingly bizarre series of events as described...

For if they could incorporate the entire country under one corporation, which technically is the case if you embrace your Registered Name as yours when a Police Officers asks you what your name is... then they would have the whole population under their "jurisdiction" i.e. everyone would be a full time employee of a corporation from living in property owned by the State, working in a State owned factory, driving in a State owned vehicle. The infrastructure for this system actually is already here. (hidden in trust interpretation) Anyhow on the public side, it's Big Brother... Power, total control... the Nanny State.

What else do you do when money ceases to be an object of motivation any more because you have so much of it you and your children and their children couldn't even spend it all if they tried? What would you do after that? What would drive you, motivate you, what would be your next challenge?

Absolute total control. Life would be nothing more then an existential game. Absolute power corrupts absolutely.

[KiwiElf]

Stocks are a disaster waiting to happen - Stockman
CNBC
By Amanda Diaz | CNBC – Fri, Aug 7, 2015 11:30 PM NZST

https://nz.finance.yahoo.com/news/stocks-disaster-waiting-happen-stockman-113000901.html

David Stockman explains why the global economy is entering an era of "epochal deflation." Expects a steep stock market crash.

David Stockman has long warned that the stock market is on the verge of a massive collapse, and the recent price action has him even more convinced than ever that the bottom is about to fall out.

"I think it's pretty obvious that the top is in," the former Ronald Reagan OMB director said Thursday on CNBC's " Futures Now ." The S&P 500 (INDEX: .SPX) has traded in a historically narrow range for the better part of 2015, having moved just 1 percent higher year to date. "It's just waiting for the knee-jerk bulls, robo traders and dip buyers to finally capitulate."

Stockman, whose past claims have yet to come to fruition, still believes that the excessive monetary policy from central banks around the world has created a "debt supernova," and all the signs point to "the end of the central bank enabled bubble," which could cause a worldwide recession.

"The larger picture has nothing to do with the jobs report [Friday] or even the September decision by the Fed," said Stockman. "It has to do with the the fact that the world economy, including the U.S., is heading into what is clearly going to be an epochal deflation to the likes of what we have never experienced in modern time."

According to Stockman, it's only a matter of time before the collapse in China (Shanghai Stock Exchange: .SSEC) trickles down to other markets. "The whole global economy since 2008 has been driven forward by this massive investment and construction and borrowing spree in China," said Stockman. "The point that I'm making is that it's over."

For Stockman, there's no reversing the artificially inflated bubbles created by the Federal Reserve . "I think what we are seeing is the beginning evidence that the central bank-driven credit economy is over and we are in a new era," said Stockman. "It's a huge disaster waiting to happen."

[sigma6]

Collapsing Empires - Keiser Report with Steve Keen
RnafiyK3JMI



Short the Dow, and plan to hold for at least a year and hope they don't freeze your funds indefinitely... and right now cash is ironically a safe haven, in anticipation of a deflationary cycle. As I write this I just noticed my old beat up 20 year old bike was just stolen... wow... I can't believe it...

[idiit]

NORMALCY BIAS:
Normalcy bias refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects.

my "camp" believes everyone knows; most just don't to deal with it. half the usa economy runs on a credit card called federal reserve notes created out of selling treasuries when we all know the existing treasury debt is unpayable by all future generations ( and that's not even counting interest payment$ on the debt). in addition to the T-bills/bonds we have QE, TARP, and a host of other federal reserve note creation devices. trillion$ and trillion$ of debt + interest that our hyperinflated economy can't sustain.

what happens when the usa economy shrinks to 1/2 it's present size when we are forced to live on 1/2 the fake money (frn's) we are currently living on?

what happens to your standard of living when you are living hand to mouth and suddenly half your purchasing power is eliminated?

ppl want to crawl in their bubbles and pull their blanket up over their heads.

NORMALACY BIAS.

[ghostrider]

it could be late September this year who knows but , I will give you some prophecy , by 2020 America will no longer be a super power, and eventually the country will be divided up into five sectors and religious fanatics will play a role ... China and Russia will attack America through the state of Alaska , and there will be a time when you might as well role cigarettes with our paper money ...

[mgray]

No fun piling on, I'll take the contrarian view.

Looking at Grip's Dow Jones industrial average chart in Post 8, if you liquidated your equities last year at this time when a similar dire predictions were forecasted, you missed a 2,000 pt rise in the index. and your cash got 0.05% interest for two years at a bank.

This alleged crash is predicated on a Fed rate rise in September. Like the Bank of England last week, the Fed will not be able to raise rates, because we are in the midst of a deflationary period. Raising rates will only exacerbate the deflationary spiral.

So the Fed in early Sept. will cite falling commodity prices and lackluster wage growth from the Aug. payroll report and say we are on hold for now or worse case scenario they raise rates 0.1% as a symbolic gesture.

That should have equities soaring on the free money binge wagon.

Just a view from the other side of the abyss you all are looking into.

[cursichella1]

If they cut off even the pittances they allow to the poor and elderly, they will be committing deliberate genocide and horrible suffering. Nothing good can rise out of such evil.

I don't know about that. It may be that exact scenario that's needed to pry folks from their TV's, toys and other means of dissociation and into thinking for themselves. Also, I imagine most Civil Servants and members of the military won't take too well to seeing Grandma and Grampa slip from wintering in Florida to awaiting a table at the local soup kitchen or worse.

[gripreaper]

The challenge in prognosticating when events might happen, is determined by those who make those decisions. Since I was not invited to the Bilderberger meeting this year, and I am not a member of the Council on Foreign Relations, I am not "IN the big club" as George Carlin was famous for saying.

Suffice it to say, technical or fundamental analysis is useless against the algorithms of today, and so are any geopolitical events, or monetary events. If you say that an interest rate hike will act as a catalyst for a market downturn, you are more likely to end up on the wrong side of the trade. If you buy December SPY puts because the Pope is speaking to the United Nations and there is the fourth blood moon, then you too might be on the wrong side of the trade.

So, my advice is, show up at the party fashionably late, and leave early before the drunks are out on the roads. Until you see the herds coming up over the hill stampeding for the exits, then it is not time to go short. Until you see the volume dry up and the dips are no longer bought, it is not time.

To the best of my knowledge, the only ones who are making money in this market are a small handful of extremely diligent daytraders, and the Wall Street algo's. The swing traders and investors have no business in this market anymore.

It's not a market, it's a casino.

[Tesseract]

So, if you really think TPTB are going to pull the plug and you aren't trading it, why not? I'm sure there are all kinds of excuses. I see these kind of predictions all the time, and no one ever bothers to do the obvious and put down their own cash, at least, not publicly. But, its not so much about their cash as it is about credibility.



man its late but geez man.... its extremely hard to believe someone made this post on this forum. ill address the portion of your post above. I for one am 100 percent certain that the Ponzi scheme they call the world economy will crash. its only been held together the last 7 years by the fed and the imf adding imaginary digits

to the central banks balance sheets. this can not go on forever. as for why I am not trading it as u put it... very simple. im not evil.


Firstly, I'm not sure if your omission of a timeline or not was deliberate, but there is a huge difference between calling a crash, and calling a crash in the next 6 months. I'm also 100 % sure the market will crash - but its a hollow prediction without a timeline attached to it. Putting some cash at stake on your predictions is a very humbling experience, you realise just how little you know, and how worthless all your conjecture is. Its all too obvious, to me, that so many people who comment on these matters have not been through this humbling experience. Anyone who has simply wouldn't be making the types of naive calls that many are making. As for your, rather holier than thou, comment about not being evil - this is the kind of response I was expecting at least one person to make. I think its very facile and convenient to hide behind such a facade of fake morality instead of putting your credibility on the line and discovering the hard way just how much you don't know. I'd be quite happy to do some good with the money I made trading a falling market :)

[Tesseract]

The challenge in prognosticating when events might happen, is determined by those who make those decisions. Since I was not invited to the Bilderberger meeting this year, and I am not a member of the Council on Foreign Relations, I am not "IN the big club" as George Carlin was famous for saying.

Suffice it to say, technical or fundamental analysis is useless against the algorithms of today, and so are any geopolitical events, or monetary events. If you say that an interest rate hike will act as a catalyst for a market downturn, you are more likely to end up on the wrong side of the trade. If you buy December SPY puts because the Pope is speaking to the United Nations and there is the fourth blood moon, then you too might be on the wrong side of the trade.

So, my advice is, show up at the party fashionably late, and leave early before the drunks are out on the roads. Until you see the herds coming up over the hill stampeding for the exits, then it is not time to go short. Until you see the volume dry up and the dips are no longer bought, it is not time.

To the best of my knowledge, the only ones who are making money in this market are a small handful of extremely diligent daytraders, and the Wall Street algo's. The swing traders and investors have no business in this market anymore.

It's not a market, it's a casino.

I'll add to that. There are plenty of people making piles and piles of cash trading on inside information. It's mostly technically legal, but they basically are betting on a sure thing with the information they have. Every company has at least half a dozen or so executive level employees who basically know everything, then you have the board who also know everything, perhaps another 10 or more people. You have investors who are also privy to key information. These individuals, even for medium-small companies, have net worths in the tens of millions - and extended networks of connections, also wealthy individuals. With the knowledge and financial resources in place, the rest is pretty simple. Not everyone does it, but there are enough that do.

[Tesseract]

No fun piling on, I'll take the contrarian view.

Looking at Grip's Dow Jones industrial average chart in Post 8, if you liquidated your equities last year at this time when a similar dire predictions were forecasted, you missed a 2,000 pt rise in the index. and your cash got 0.05% interest for two years at a bank.

This alleged crash is predicated on a Fed rate rise in September. Like the Bank of England last week, the Fed will not be able to raise rates, because we are in the midst of a deflationary period. Raising rates will only exacerbate the deflationary spiral.

So the Fed in early Sept. will cite falling commodity prices and lackluster wage growth from the Aug. payroll report and say we are on hold for now or worse case scenario they raise rates 0.1% as a symbolic gesture.

That should have equities soaring on the free money binge wagon.

Just a view from the other side of the abyss you all are looking into.

I am also thinking there is a chance that a sub-quantum interest rate rise might be coming, 0.05 to 0.125%. Would be just typical of their attitude. Not that I am complaining, I think low interest rates are a good thing. Just watch out for raging permabears if that does happen.

[mgray]

It's not a market, it's a casino.

Unfortunately this casino has plenty of 401(k) money on the cum line at the craps table.

This is not play money. This is a nest egg that can't grow in a money market account if it sits on the sidelines due to market fear porn or high frequency trading worries.

If people can't get a decent return on investment, then they can't retire.

You got to be in it to win.

[bearcow]

China moving to devalue their currency clearly has increased the market chop. In the short term it seems there are more reasons to sell than buy equities. I have started to build short positions against companies i feel are overvalued rather than open new long positions. I dont see a market crash coming, but a 10% downward move is more likely than a 10% upward move currently. I am selling my winners and holding on to losing positions in companies i still believe have good long term prospects.

A full crash would have to be event driven, as the market itself is not as overinflated as it was during the 2000 and 2008 drop offs

Just thought it would be useful for people to hear the opinion of someone who actually puts his money in the market

[Hazelfern]

China moving to devalue their currency clearly has increased the market chop. In the short term it seems there are more reasons to sell than buy equities. I have started to build short positions against companies i feel are overvalued rather than open new long positions. I dont see a market crash coming, but a 10% downward move is more likely than a 10% upward move currently. I am selling my winners and holding on to losing positions in companies i still believe have good long term prospects.

A full crash would have to be event driven, as the market itself is not as overinflated as it was during the 2000 and 2008 drop offs

Just thought it would be useful for people to hear the opinion of someone who actually puts his money in the market

Can you explain why you think the market is not over inflated? It appears that way to me but I'm willing to hear another side.
Thanks in advance.

[mgray]

China's devaluation is a sign of global recession. Cheapen the currency in the hopes of selling more goods overseas.
Never really works because trading partners are usually right behind on the devaluation. It's called "beggar thy nation"

Like the Greeks, the Chinese just took a haircut on their wealth.

Russia and other Asian nations should follow suit.

Market valuations in the U.S. are overvalued if you look at true earnings per share, while backing out share buybacks and other accounting tricks to beat on the bottom. Top line growth is rare in the U.S. IMHO as a market participant as well as a commentator.

[Bingo]

Some are saying the dollar will rally bigtime and, therefore, gold will drop considerably as a result. Do you have a take, mgray, on what a dollar rally will do to the stock market? It seems to me too many are saying it will crash in mid-september, but don't they gin it up first so they can catch everyone on the way down?

[bearcow]

China moving to devalue their currency clearly has increased the market chop. In the short term it seems there are more reasons to sell than buy equities. I have started to build short positions against companies i feel are overvalued rather than open new long positions. I dont see a market crash coming, but a 10% downward move is more likely than a 10% upward move currently. I am selling my winners and holding on to losing positions in companies i still believe have good long term prospects.

A full crash would have to be event driven, as the market itself is not as overinflated as it was during the 2000 and 2008 drop offs

Just thought it would be useful for people to hear the opinion of someone who actually puts his money in the market

Can you explain why you think the market is not over inflated? It appears that way to me but I'm willing to hear another side.
Thanks in advance.

not gonna spend a huge amount of time on why the stock market is overvalued or undervalued, but the general consensus for wall st types who trade is based around the Price to earnings ratio of the sp 500 companies.

here is a link to the chart of the sp 500 since 188030853

http://www.multpl.com/

As you can see the market is not cheap, but in relation to where it was during the 2008 crash and the tech bubble of 2000, it is more reasonable

The Market makers understand the psychology of fear and greed. The best time to pull the plug on the whole thing would be when "irrational exuberance" has set in. The market makers can maximize their profits on the way up and on the way down in such a scenario.

[idiit]

stocks are being hammered globally. last two days dow slammed hard:

http://money.cnn.com/data/world_markets/americas/

http://www.zerohedge.com/news/2015-08-18/23-nations-around-world-where-stock-market-crashes-are-already-happening

[bearcow]

Market is rolling over, i expect more downside. I am just going short the market right now, but i see some dark pool (insiders) buying right now.

still don't think this is the big one though. In my opinion the market makers are tanking the market to force the fed to not raise interest rates.

if they succeed, the market will rally.

[idiit]

down she goes.........

[Selkie]

down she goes.........

Time to shear the flock, I guess,

https://www.sullivansupply.com/cart/ia/images/Product/medium/624.jpg

[3(C)+me]

This just in from the Guardian:

Dow drops more than 500 points as US markets plummet amid global sell-off


http://www.theguardian.com/business/2015/aug/21/us-markets-china-slump-global-sell-off

Hmmm..I wonder

[mgray]

Remember you still have the "B" team running most of the trading desks, since late August is summer vacation for Wall St as the kids return from summer camp.

The algos are the largest volume traders on the downside, since equities are breaking moving average thresholds on an hourly basis prompting additional selling.

No computer program will step in to stem the slide, like market makers (people) did in the past.

Equity futures open in 10 hours here in the US. Might see a dead-cat bounce earlier, but Asian markets rule the roost right now in dictating early direction.

Global recession is the rubric for the "panic." China has inflated in GDP numbers for years and everyone went along with it. No the Chinese say growth is slowing, which many take as being a contraction.

Seven to 10% growth in China meant 2%-5%, now 5% growth means -2% is how the thinking goes.

Let's see how it plays out.

[idiit]

bill holter just put out a good interview.

margin calls forced selling on Monday.

$30-$40/bbl oil cannot support the petro $. $ finished.

unless massive plunge protection stock market intervention this weekend the stock markets will have to close monday to stop the carnage.

when the markets reopen ( probably quickly, like 1-2 days) more downside.

the us has no more manufacturing base. we are of no usefulness as paper pushers in the new global economy.

we will become a third world banana republic.

my note: ^ except we ain't got no bananas.

the great global financial reset is imminent; paper currencies that are really nothing but iou's will lose purchasing power of severe magnitude overnight. paper assets paid out via paper currencies will lose purchasing power of severe magnitude overnight.

gold will become very valuable overnight.

my note: jim willie has often said that the financial reset is actually a significant gold revaluation to the upside while fiat and paper assets paid out in paper currency will lose their purchasing power overnight.

https://www.youtube.com/watch?v=80M4daI8tFY

points to remember if confused:

the petro $ cannot be supported by oil priced in the $30's/per barrel (bbl).

the whole world is Greece; too much unsustainable debt. we must go to collateral based economics.

if the underlying asset securing credit loses value the "in debt" party must pony up more assets to secure the credit line. this is called "margin call". the currencies around the world are rapidly devaluing. the stocks are facing a much needed downward correction. commodities are crashing. any of these used to secure credit will force the much dreaded margin calls. happens Monday according to holter.

[idiit]

Why It Really All Comes Down To The Death Of The Petrodollar
Tyler Durden's pictureSubmitted by Tyler Durden on 08/22/2015 20:59 -0


What might not be as clear (on the surface anyway) is how recent events in developing economy FX markets following the devaluation of the yuan stem from a seismic shift we began discussing late last year - namely, the death of the petrodollar system which has served to underwrite decades of dollar dominance and was, until recently, a fixture of the post-war global economic order.


In short, the world seems to have underestimated how structurally important collapsing crude prices are to global finance.

http://www.zerohedge.com/news/2015-08-22/why-it-really-all-comes-down-death-petrodollar

[idiit]

Zerohedge: China Chooses Her Weapons . . . article outlines the economic battle for the next several weeks. ~J

Posted on August 23, 2015


Rightly or wrongly and unlike any western government at this point in a credit cycle, China accepts that a deflating credit bubble is a necessary consequence of a deliberate policy that supports her future plans.


The mini-devaluations were a signal to Washington and the rest of the world that if she so wishes China can dictate the global economic outlook through the foreign exchange markets. China believes, with good reason, that she is more politically and economically robust, and has a better grasp over the actions of her own citizens, than the welfare economies of the west in the event of an economic downturn. Therefore, she is pursuing her foreign exchange policy from a position of strength. And the increments that will now be added to gold reserves month by month are a signal that China believes she can destabilise the dollar through her control of the physical gold market, because it gently reminds us of an unanswered question always ducked by the US Treasury: what evidence is there of the state of the US’s gold reserves?


The strategy therefore changes from less passivity to more aggression over both foreign exchange rates and gold ownership over the next eight weeks. We can expect China to tighten the screw if necessary.


It was always going to be the US that faced a predicament from China’s growing economic power. She has chosen to bluff it out instead of gracefully accepting the winds of change, as Britain did over her empire sixty years ago. Change in the economic pecking-order is happening again whether we like it or not and China will have her way.

https://jhaines6a.wordpress.com/2015/08/23/zerohedge-china-chooses-her-weapons-article-outlines-the-economic-battle-for-the-next-several-weeks-j/

[idiit]

Shemitah 2015


http://www.silverdoctors.com/shemitah-2015-the-year-of-jubilee-and-3-digit-silverputting-it-all-together/#more-57089


Shemitah 2015, the Year of Jubilee and 3-Digit Silver…Putting it All Together!


hoosing to believe or not, we are living in prophetic times. From a prophetic perspective, the exact night of Babylon’s destruction and Belshazzar’s (Nebuchadnezzar’s son) death was predetermined by the God of Israel 2520 weeks (7-years x 7-cycle = 49, 360-day years) in advance when Nebuchadnezzar first destroyed the Temple and stolen the implements. That exact night of Belshazzar’s death and Babylon’s destruction, God wrote ‘MENE, MENE, TEKEL, PARSIN’ on the wall. The very next day the next 2520 week clock started and God has been marking time since. As stated by Solomon… Everything Has Its TIME! – Ecclesiastes 3



The last 2520 week countdown clock began on June 7, 1967 when Israeli recaptured Jerusalem and ends exactly 2520 weeks later, this September 23, 2015 as referenced in our prior article titled ‘$9000+ Gold & $1000 Silver if $1072 holds’ (LINK HERE). The very next day, September 24, 2015, the next 2520 cycle clocks begins…



The last day of the current 2520 week clock beginning in 1967 is scheduled to end September 23, 2015, and on this very day the Pope visits the White House; it is important to note that this exact day coincides with the day of God’s writing on the wall, Babylon’s destruction and Belshazzar’s death… INTERESTING,is this meeting just a coincidence or by God’s design?



We wait and watch for this date and what follows; but our world as we know it is expected to begin to change starting September 24 – 25, 2015 as God’s next 2520 cycle countdown clock begins. What will be the event(s) of September 23, 2015 and the next few days forward?

[Star Wonder]

Here is the latest interview with Gerald Celente:

http://usawatchdog.com/global-crash-will-force-more-money-printing-gerald-celente/

The problem that I see with all of these economic forecasters is that they have been predicting the financial meltdown for so long that it feels like they have been crying wolf. If they keep on harping about the crash, when it really does happen no one will be listening anymore. One economist, Dr. Paul Craig Roberts, said that the dollar was going to crash, but then later he changed his mind and said it isn't going to crash, because everything was rigged. He said that the powers would step in and do something to save it.

[gripreaper]

Dow futures down 155 points.

https://scontent.fsnc1-1.fna.fbcdn.net/hphotos-xfp1/v/t1.0-9/11902390_10204696441160130_1266022583294176885_n.jpg?oh=e46b22808f9f846bf99f6af150f79e33&oe=5678C817

[Dennis Leahy]

August 24, 2015?

[Calz]

Pre market as shown on CNN Money (Dow futures now down another 333)

_____________


Dow -333.00 / -2.02%
Level 16,134.00

Data as of 10:51pm ET


http://money.cnn.com/data/premarket/?iid=H_MKT_QL

[ThePythonicCow]

Dow futures down 155 points.


August 24, 2015?

... and falling ... down 372 now:

http://thepythoniccow.us/CNN_Futures_Down_Screenshot_2015-08-23_22-20-02.png
The Shanghai Composite market is currently open (closes in 3 hours 35 minutes), and is now down -8.36%.

[mgray]

August 24, 2015?

Judging futures markets you are not far off Dennis.

[ThePythonicCow]

~~~

From CNN Money (http://money.cnn.com/2015/08/23/investing/world-stock-markets/index.html):


Asian markets suffered major losses on Monday, extending a sell off that has touched nearly every corner of the globe.

The benchmark Shanghai Composite opened dramatically lower, shedding 8.4% in early trading. Many companies listed in Shanghai, including some large state-owned firms, fell by the maximum daily limit of 10% within the first hour of trading.

The smaller Shenzhen Composite also declined more than 7.5%.

In Japan, the Nikkei was 2.7% lower in early trading, and Australia's ASX All Ordinaries was down 2.7%. Seoul's KOSPI Composite lost 0.9%. Asian currencies were trading lower against the U.S. dollar.

[mgray]

Which is first:

1) Chinese rate cut or 2) Fed rate hike?

I'll take door number 1

[gripreaper]

Dow futures down 155 points.


August 24, 2015?


(Dow futures now down another 333)

... and falling ... down 372 now:

Holy Shemitah Batman! Down 389.... 426

[ThePythonicCow]

Martin Armstrong has a critical (in my estimation) observation on his blog (http://www.armstrongeconomics.com/archives/36383):

This decline we warned about from the May high was NECESSARY to scare capital causing it to rush back to government paper at negative interest rates. That will complete the bubble for this wave.
This is not an across the board, everything fails, crash. Rather it is a market move from stocks, lower grade bonds, commodities, and anything else that can be exchanged ... for US Treasuries and the like ... which will drive the yield on Treasuries negative, which is what happens when you pay more for the bond than it will return.

The biggest bubble of all, government, will enter it's final topping.

[ThePythonicCow]

For example, consider commodities: Bloomberg's Commodity Index Just Hit A 21st Century Low (http://www.zerohedge.com/news/2015-08-23/bloombergs-commodity-index-just-hit-21st-century-low).

Or consider the number one commodity of our times, oil: Crude Snaps Below $40 (http://www.zerohedge.com/news/2015-08-23/crude-snaps-below-40-gartman-stopped-out-oil-long).

Or consider global shipping, as reflected in the cost of shipping: Global Trade In Freefall: Container Freight Rates From Asia To Europe Crash 60% In Three Weeks (http://www.zerohedge.com/news/2015-08-23/global-trade-freefall-container-freight-rates-asia-europe-crash-60-three-weeks).

On the other hand, the benchmark Ten Year US Treasury Note: 10Y Slides Back Under 2%, Precisely What Goldman Said Could Not Happen (http://www.zerohedge.com/news/2015-08-23/10y-slides-back-under-2-precisely-what-goldman-said-could-not-happen). The more you pay for a bond, the less additional "interest" its predetermined repayment terms will be worth to you.

[idiit]

bloody monday in asia.

here's an interesting perspective:


Choosing to believe or not, we are living in prophetic times. From a prophetic perspective, the exact night of Babylon’s destruction and Belshazzar’s (Nebuchadnezzar’s son) death was predetermined by the God of Israel 2520 weeks (7-years x 7-cycle = 49, 360-day years) in advance when Nebuchadnezzar first destroyed the Temple and stolen the implements. That exact night of Belshazzar’s death and Babylon’s destruction, God wrote ‘MENE, MENE, TEKEL, PARSIN’ on the wall. The very next day the next 2520 week clock started and God has been marking time since. As stated by Solomon… Everything Has Its TIME! – Ecclesiastes 3



The last 2520 week countdown clock began on June 7, 1967 when Israeli recaptured Jerusalem and ends exactly 2520 weeks later, this September 23, 2015 as referenced in our prior article titled ‘$9000+ Gold & $1000 Silver if $1072 holds’ (LINK HERE). The very next day, September 24, 2015, the next 2520 cycle clocks begins…



The last day of the current 2520 week clock beginning in 1967 is scheduled to end September 23, 2015, and on this very day the Pope visits the White House; it is important to note that this exact day coincides with the day of God’s writing on the wall, Babylon’s destruction and Belshazzar’s death… INTERESTING,is this meeting just a coincidence or by God’s design?


http://www.silverdoctors.com/shemitah-2015-the-year-of-jubilee-and-3-digit-silverputting-it-all-together/#more-57089

good bye fiat. hello precious metals. hi ho silver!

[idiit]

Panic!! All Major US Equity Indices Halted
08/24/2015 09:24


Nasdaq was the first to be halted at 0758ET.

The Dow is now down 850 points from Friday's close and halted...

The S&P 500 Futures is halted for the first time in history

^ who'd a thunk it?

[gripreaper]

Market opens down 535 points on the Dow and quickly falls down 882 points in the opening minutes.

The S&P 500 Futures is halted for the first time in history.

[Calz]

... a bit of blood being spilled here as well (although I don't think this is "big one" ... they make much more money bouncing things around).

Dow -975.56 15,484.19 -5.93%

Plunge protection team must have slept in today ... :dirol:


*adding*


Ooops ... there they are ...


Dow -607.56 15,852.19 -3.69%

[idiit]

looks to me like they 'tot twice' and reopened.

here comes the calvary aka plunge protection team. looks to be an epic day long battle ahead.

[gripreaper]

It's days like this that I wish I was still a full time trader. You know what some S&P puts would be paying right now? (provided you could cover).

[idiit]

margin calls = forced selling.

edited to add:

if they can't 'manage' the plunge they'll likely halt trading for the day. it's not a calamity when they close the markets. all hell breaks loose when they reopen.

[Sophocles]

Oslo Børs sees biggest fall since financial crisis (http://www.thelocal.no/20150824/oslo-bors-sees-biggest-fall-since-financial-crisis)

Published: 24 Aug 2015 15:27 GMT+02:00

Oslo’s stock exchange has suffered its biggest decline since the financial crisis hit in 2009, with its shares tumbling a full 6.3 percent as China’s stock market crash reverberates around the world.

Full article (http://www.thelocal.no/20150824/oslo-bors-sees-biggest-fall-since-financial-crisis)

[bearcow]

market highly volatile right now, people have been buying the dip. A lot of brokerage firms sites have crashed this morning. TD ameratrade most notably.

Baidu, the Chinese google, opened at $100 today and spiked up to $140 in the last hour, but it still down 7% from where it was Friday. Amazing stuff

I expect the selling to continue later today or tomorrow

[Bill Ryan]

https://ci5.googleusercontent.com/proxy/QfgGx8fn1mQOh1R2yUpUTFg4MFzQooeGoZwrEhMCgctqAcu8lwGzapUtpbDbmt4s-HKismKiy_2_TY7HOGkVEK1Bhcmu5-V7bSkOGEynHQr4shsqnHYKv0vcfJfTK6w7jBOJaQEYJu2zjc_FSKzAMfzFWdCI0aJEAhsVL851QlVw=s0-d-e1-ft#http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150824_halt_0.jpg (http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150824_halt.jpg)

Nasdaq was the first to be halted at 0758ET.

The Dow is now down 850 points from Friday's close and halted...

The S&P 500 Futures is halted for the first time in history.

http://zerohedge.com/news/2015-08-24/panic-all-major-us-equity-indices-halted (http://www.zerohedge.com/news/2015-08-24/panic-all-major-us-equity-indices-halted)

[Ron Mauer Sr]

Bill Holter weighs in. Will we become another banana republic when the dollar dies?


http://www.youtube.com/watch?v=80M4daI8tFY

Three days without clean water then nothing else is needed.
If the electricity is interrupted, do you have a plan to retrieve (http://ronmauer.net/blog/?page_id=4151) and filter (http://ronmauer.net/blog/?page_id=178) water?
Have you been purchasing some extra food each trip to the grocery store? Food with a long shelf life?
Do you have a wood stove to heat your home (http://ronmauer.net/blog/?page_id=211), and a wood fired camp stove (http://ronmauer.net/blog/?page_id=669) for outdoor cooking?
Hauling water (if it is available) is difficult. Flushing a toilet may not be practical or even possible.
If you have food you will need an inexpensive homemade sawdust toilet or purchase a more expensive composting toilet (http://ronmauer.net/blog/?page_id=216). The ladies will especially appreciate your wisdom and support.

I think things will get better, but first things will become more difficult. Wish I knew the timing.

[Bill Ryan]

.
http://infowars.com/dow-experiences-1000-point-plunge-largest-single-day-decline-in-history

Dow Experiences 1,000 Point Plunge, Largest Single Day Decline in History

Stocks crashed on the opening bell of the Dow Jones on Monday, sailing past the 777 point loss in September, 2008, during the kick off of the Second Greatest Depression, dubbed the Great Recession by the establishment media.

An expected bounce fifteen minutes after the bell pulled stocks back up to 600, but the fall represents a decline of 1,089 points, or 6.6 percent.

The establishment media quickly tried to assuage fears by noting the tumble is nowhere near the market crashes of 1929 or 1987.

The crash follows the fall of China’s benchmark Shanghai Composite index, down 38 percent from its high in June due largely to unsustainable debt-financed stock market speculation. The totalitarian government took extreme measures to put the brakes on its market fall, to no avail.

The China decline precipitated sell-offs in Japan, Taiwan, Hong Kong, South Korea, Australia and European markets as investors abandoned China’s market.

“When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal,” The Guardian (https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CB8QFjAAahUKEwi04bzj9MHHAhWFHD4KHasGBU4&url=http%3A%2F%2Fwww.telegraph.co.uk%2Ffinance%2F1 1805523%2FDoomsday-clock-for-global-market-crash-strikes-one-minute-to-midnight-as-central-banks-lose-control.html&ei=0yfbVfSrD4W5-AGrjZTwBA&usg=AFQjCNHOMuiF3TSOwetySbSesUxRwSpZvQ&sig2=ckNOat7ONyB6iT-C_LnzMQ) noted last week.

“Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.”


http://www.youtube.com/watch?v=k6gEtSqsLdc

[Alpha141]

I taught myself currency trading years ago to fund my watching all Bill's work from 2008 on. I did it via technical charting. Standard deviations based upon indicators. Trading the moves central banks did etc. I let that life go 3yrs ago. But made a documentary about the money system here to explain it's falseness:

http://www.servantoftruth.org/money-system.html

This system is totally false. It needs to go. We, due to our attachment to money as it is a spiritual technology. Are the ones who contribute to what will happen by the co-creative (negative placebo used against us) aspect we all have within. That energy is better served that this life force storing technology. Have the courage to recognise your emotional state and master a sacred neutral perspective. Good luck all. A great time to be alive ;)

[Tesseract]

Pretty big reversal appears to be holding. Have been eyeing call contracts the last hour, but the premiums are outrageous. Will be interesting to see if this goes green by the end of the day.

[bearcow]

for a few seconds this morning we tested the resistance of last Octobers lows on the sp500. I suspect we test that level again in the next week or so.

If we break that level by say 2-3%, then it is likely we go much lower

The fact that we quickly bounced off that level tells me that the market makers are not currently interested in creating a doomsday type crash

we are currently 3-4% above the morning bottom

[Hervé]

Black Monday: Biggest slide in Chinese stocks since 2007, Brent oil below $44 (http://www.rt.com/business/313180-china-market-crash-monday/)


RT (http://www.rt.com/business/313180-china-market-crash-monday/)
Mon, 24 Aug 2015 07:12 UTC



http://www.sott.net/image/s13/263123/large/55dac42dc36188d20a8b4577.jpg (http://www.sott.net/image/s13/263123/full/55dac42dc36188d20a8b4577.jpg)
© Toru Hanai / Reuters


The Shanghai composite has closed down 8.5 percent in a brutal selloff, as Beijing's measures have failed to ease investor concerns about the slowdown of the world's second-largest economy. China's stocks are now down for the year after being up 60 percent in June.


http://www.sott.net/image/s13/263124/large/55dadafac36188d20a8b458c.jpg (http://www.sott.net/image/s13/263124/full/55dadafac36188d20a8b458c.jpg)
© Bloomberg


"This is a real disaster and it seems nothing can stop it," Chen Gang, Shanghai-based chief investment officer at Heqitongyi Asset Management Co., told (http://www.bloomberg.com/news/articles/2015-08-24/chinese-stock-index-futures-tumble-after-last-week-s-retreat) Bloomberg. "If we don't cut holdings ourselves, the fund faces risk of forced closure. Many newly-started private funds suffered that recently. I hope we can survive."

Asian markets followed China with a broad selloff.


Japan's Nikkei has closed 4.61 percent down. Hong Kong's Hang Seng is 5.17 percent in deficit. Mumbai's Sensex is down over 4 percent.


The ripple effects are being felt on the European markets.

London's FTSE is down 2.71 percent in early trading. Germany's DAX is losing 2.66 percent, sliding below the 10,000-point mark for the first time since January, as of 09:23 GMT.


The European stock markets have continued last week's negative trend, when 13 out of 18 Western European markets lost 10 percent or more, with Germany's DAX down 18 percent. London's FTSE 100 Index suffered its biggest weekly drop in 2015, slumping 5.2 percent.

Commodities are down across the board with Brent crude trading below $44 per barrel, which is a six-and-a-half-year low.

On Friday, the US WTI crude benchmark dropped below $40 per barrel in an eighth straight weekly decline, the longest falling streak in almost 30 years.

The Russian ruble has fallen to its lowest level since February against major currencies, dragged down by both weak oil and Chinese stocks. The ruble was trading at over 71 rubles against the US dollar and 81.78 rubles against the euro as of 09:25 GMT.

Equity markets in Moscow are in the red with the RTS losing 5.51 percent and the MICEX down over two percent as of 09:25 GMT.

Over the last month, the Chinese government has taken drastic measures to stop the stock market's decline. On Sunday, the Xinhua news agency reported that Beijing would allow its main state pension fund to invest up to 30 percent of its net assets in China-listed shares for the first time.

In mid-August, the People's Bank of China devalued the yuan over three consecutive days, stopping at a 4.4 percent overall depreciation. The move intended to help faltering exports sowed panic in the world's equity markets and may have started a new wave of currency wars.

The real Chinese economy has been showing signs of slowing growth. In a report published last Friday by Caixin and Markit, it became clear that manufacturing has been losing momentum. The Purchasing Managers' Index (PMI), its key indicator, saw a fall to 47.1 from 47.8 in July. This is the lowest level since March 2009 and shows a contraction.


24 August 2015

09:53 GMT

Oil prices, including Brent crude, could go down below $40 per barrel for a short time, Russian Economic Development Minister Aleksey Ulyukaev told TASS.
09:21 GMT

Equity markets in Moscow are in the red with the RTS losing more than 5.51 percent and the MICEX down over two percent.
09:15 GMT

Russian ruble has fallen to its lowest level against major currencies since February. The ruble is trading at 71.2 against the dollar and 81.78 against the euro.
09:09 GMT

As of 08:52 GMT, Brent was trading at $43.77 per barrel, down 3.72 percent.
09:07 GMT

Brent crude has dipped below $44 per barrel amid uncertainty over the Chinese markets, its lowest point since 2009.
08:46 GMT

On the European markets, London's FTSE is down 2.52 percent in early trading. Germany's DAX has shed 2.77 percent, while France's CAC index is 2.68 percent lower.
08:29 GMT

The Russian ruble has hit new lows against major currencies, dragged down by both weak oil and Chinese stocks. The Russian currency was trading near 71 rubles against the dollar and 81.40 rubles against the euro as of 08:22 GMT.
07:47 GMT

As of 06:17 GMT, Brent oil was trading at $44.07 per barrel, which is a six-and-a-half-year low.



Related: What the latest currency war is all about (http://www.sott.net/article/300113-What-the-latest-currency-war-is-all-about)

[Tesseract]

A lot of volume now pumping this reversal in the Qs. Bought the sept QQQ calls, despite the premium.

Update: I closed my position for 7% profit. May try and repeat later in the day.

[Bill Ryan]

.
Alex Jones' commentary, recorded a few hours ago:

http://projectavalon.net/Alex_Jones_stock_market_commentary_24_August_2015.mp3 (4 mins, 3 Mb, not yet published elsewhere)

[Hervé]

Global Trade In Freefall: Container Freight Rates From Asia To Europe Crash 60% In Three Weeks
(http://www.zerohedge.com/news/2015-08-23/global-trade-freefall-container-freight-rates-asia-europe-crash-60-three-weeks)
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 08/23/2015 22:42 -0400


Three weeks ago, when we last looked (http://www.zerohedge.com/news/2015-08-02/something-just-snapped-container-freight-rates-asia-europe-crash-23-one-week)at the collapse in trade along what may be the most trafficked route involving China, i.e., from Asia to Northern Europe, we noted that while that particular shipping freight rate Europe had crashed some 23% on just one week, there was some good news: at least the Baltic Dry index was still inexplicably rising, and at last check it was hovering just above 1,100.

That is no longer the case, and just as with everything else in recent months, the Baltic Dry dead cat bounce is now over, with the BDIY topping out just above 1200 on August 4, and now back in triple digit territory, rapidly sliding back to the reality of recent record lows which a few months ago we suggested hinted that much more is wrong with global trade, and the global economy, than artificially manipulated stock markets would admit.


http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/08/2015-08-23_9-02-48%20BDIY_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/08/2015-08-23_9-02-48%20BDIY.jpg)


More importantly, a major source of confusion appears to have been resolved. Recall that as we noted on August 3 (http://www.zerohedge.com/news/2015-08-02/something-just-snapped-container-freight-rates-asia-europe-crash-23-one-week), "many were wondering how it was possible that with accelerating deterioration across all Chinese asset classes, not to mention the bursting of various asset bubbles, could global shippers demand increasingly higher freight rates, an indication of either a tight transportation market or a jump in commodity demand, neither of which seemed credible. We may have the answer."
We did. To wit:

"Should the dead cat bounce in shipping rates indeed be over, and if the accelerate slide continues at the current pace, not only will shippers mothball key transit lanes, but the biggest concern for global economy, the unprecedented slowdown in world trade volumes, which we flagged a week ago, will be not only confirmed but is likely to unleash yet another global recession." As expected, on Friday, we got confirmation that the BDIY has indeed become a lagging indicator to actual demand, when Reuters reported in its latest weekly update (http://gcaptain.com/asia-europe-container-freight-rates-have-fallen-off-a-cliff/?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+Gcaptain+%28gCaptain.com%29#.VdnqEPTih1A) using data from the Shanghai Containerized Freight Index, that key shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 26.7 percent to $469 per 20-foot container (TEU) in the week ended on Friday.

The collapse in rates is nothing short of a bloodbath: "it was the third consecutive week of falling freight rates on the world’s busiest route and rates are now nearly 60 percent lower than three weeks ago.

Freight rates on the world’s busiest shipping route have tanked this year due to overcapacity in available vessels and sluggish demand in goods to be transported. Rates generally deemed profitable for shipping companies on the route are at about $800-$1,000 per TEU.

Other Europe-focused freight rates did even worse, with container freight rates from Asia to ports in the Mediterranean plunging 32.1%, while those to the US West and East coast slid by 7.9% and 9.9%, respectively.

This should not come as a surprise: it was back in March when we first reported that "Global Trade Volume Tumbles Most Since 2011; Biggest Value Plunge Since Lehman (http://www.zerohedge.com/news/2015-03-24/global-trade-volume-tumbles-most-2011-biggest-value-plunge-lehman)."


http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/03/global%20trade%20USD_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/03/global%20trade%20USD.jpg)


It took the no longer discounting "market" about 6 months to figure this out. As for the culprit, no question who is at fault.

What happens next?

Well, some, such as the world’s largest container shipping company, Maersk Line, will desperately try to no longer lose money on every transit, with a plan to raise spot freight rates by $1,000 from ports in Asia to ports in northern Europe, with effect from Sep 1. Other major container shipping companies have similar plans.

The virtually guaranteed outcome of this "strategy", as there is simply not enough demand as the world careens off the global recession cliff to offset a surge in freight costs, will be an even greater collapse in trade volumes.

The alternative, is just as bad: as we sarcastically hinted first in March (http://www.zerohedge.com/news/2015-03-24/global-trade-volume-tumbles-most-2011-biggest-value-plunge-lehman):

... none of the above should alarm anyone: remember - central banks can just print trade with just the flick of a CTRL-P switch. And then again three weeks ago (http://www.zerohedge.com/news/2015-08-02/something-just-snapped-container-freight-rates-asia-europe-crash-23-one-week)when we said no need to worry because it is just a matter of time before "central planners learn how to print trade."

For now, however, printing money no longer equates to boosting global trade. In fact, easy monetary policy now appears to be backfiring, as even the "market" has figured out.




http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/08/2015823_worldtrade_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/08/2015823_worldtrade.jpg)




http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/08/20150823_trade2_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/08/20150823_trade2.jpg)


So, sarcasm aside, what really happens next, to both shipping, trade, the global economy and markets? Sadly, unless central planning finally works after 7 years of failing ever upward... this:


http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/08/maersk%202.jpg

[Tesseract]

China fell 8.5 % overnight. Anyone else think it would be a big slap in the face if US markets close in the green (Qs [~Nasdaq] are already there at time of writing)?

[Bill Ryan]

.
Alex Jones' commentary, recorded a few hours ago:

http://projectavalon.net/Alex_Jones_stock_market_commentary_24_August_2015.mp3 (4 mins, 3 Mb, not yet published elsewhere)

The commentary (recorded on the fly, without editing, at an airport this morning — good journalism!) continued after a break (part 2 of 3).

http://projectavalon.net/Alex_Jones_stock_market_commentary_part_2_24_August_2015.mp3 (10 mins, 7 Mb, not yet published elsewhere)

[bearcow]

China fell 8.5 % overnight. Anyone else think it would be a big slap in the face if US markets close in the green (Qs [~Nasdaq] are already there at time of writing)?

money is not coming in big time from the dark pools today, so im still thinking we go lower in the next few days. What a joke it would be if we go positive for the day on the nasdaq. It was down 11% this morning

[Bill Ryan]

.
Alex Jones' commentary, recorded a few hours ago:

http://projectavalon.net/Alex_Jones_stock_market_commentary_24_August_2015.mp3 (4 mins, 3 Mb, not yet published elsewhere)

The commentary (recorded on the fly, without editing, at an airport this morning — good journalism!) continued after a break (part 2 of 3).

http://projectavalon.net/Alex_Jones_stock_market_commentary_part_2_24_August_2015.mp3 (10 mins, 7 Mb, not yet published elsewhere)

The final installment:

http://projectavalon.net/Alex_Jones_stock_market_commentary_part_3_24_August_2015.mp3 (4 mins, 3 Mb, not yet published elsewhere)

[bearcow]

regarding what alex jones is talking about. they were talking about the need for qe4 this morning on cnbc.

[Tesseract]

China fell 8.5 % overnight. Anyone else think it would be a big slap in the face if US markets close in the green (Qs [~Nasdaq] are already there at time of writing)?

money is not coming in big time from the dark pools today, so im still thinking we go lower in the next few days. What a joke it would be if we go positive for the day on the nasdaq. It was down 11% this morning

Dow making a pretty good run now. I'm looking for a way to trade the IV collapse, say over the rest of the week, if you/anyone have any ideas..

For non-traders - IV = implied volatility. When all the hype about something dies down you get an IV collapse, which generally means options prices fall even if the underlying doesn't move. This will burn a lot of late shorts (usually amateur traders) if it happens.

[transiten]

Follow Ray Merriman worldleading astrological stockmarket analyst on www.mmacycles.com. The current Venus retrograde (similar to Mercury retrograde) reflects complications in communication and reevaluation of assets and relationships.

Gold is King though and for those who make profits on the bear market...

[idiit]

dow be diving.

[Bill Ryan]

dow be diving.

http://i2.cdn.turner.com/money/dam/assets/150824152427-market-selloff-3pm-graphic-780x439.png

[idiit]

it made a nice early recovery but today is still a major loss day. the last few minutes are famous for margin call tanking.

[idiit]

I like the following guy's thoughts on the matter:


Hello Jean, the insanity couldn’t be more in our face. It’s not to hard to figure out what will happen next. The Plunge Protection Team will step in and halt trading, an unknown buyer(s) will step in and prop up the market and Obama will come out and tell everyone not to worry, we are the exceptional indispensable nation that will overcome

Overcome what? The unchanged greed and avarice that put us in this position and goes unabated? It doesn’t take a rocket scientist to figure this thing out. One thing is for sure, common sense isn’t so common.

Let’s do the math:
1. We are 18.3 Trillion in debt.
2. Including unfunded liabilities, depending on which economist you speak to, we are in an additional 65 to 250 Trillion in debt.
3. The US top 5 banks own the lion’s share of the 1.5 Quadrillion casino derivative’s market. This doesn’t include the numerous bubbles created and like all bubble’s, will pop.

We are BANKRUPT thanks to the Federal Reserve and its Fractional Reserve Banking System. Anyone who belongs to a Rothschild Central Bank is BANKRUPT!

We are all witnessing the implosion of the PONZI stock market, this isn’t just a local phenomenon, it is global. Helicopter Bernanke and now Yellen have run out of schemes and is now only dependent on milking the clueless sheeple who are still willing to enter the revolving door and contribute in the illusory stock market. The over leveraged illusion of paper verse physical assets no longer and have for some time reside in the realm of reality. Bizarro economics is the order of the day and the pilfering of wealth has been reduced to taxpayer bailouts. Merely an exchange of wealth from the bottom to the top.

Decades of foolishness, debt accumulation and a materialistic feeding frenzy of delusion have left the world broke and out of options. We have convinced ourselves the best way to manage our debt problem is with more debt. Let me repeat this as apparently we don’t get the insanity of this concept. We have convinced ourselves the best way to solve a debt problem is to create more debt.

We are awash in irreparable debt and something has to give.

While we continue to spend trillions on our yearly wars the PTB distracted the sheeple with an illusion of a “thriving economy/stock market”. They have destroyed the US’s economy and they pin their laurels on the Ponzi stock market which is dependent on corporate welfare (QE1, QE2, ZIRP, QE3, QE to Infinity through Japan, EU and soon back to the US again, over leveraged re-hypothecation of toxic junk “assets“, etc,).

Rinse, repeat.

This doesn’t even take into account the daily Banker Fraud such as the 800 Trillion Libor interest rate fixing scandal, trillion dollar narcotics laundering, etc.

A whole lot of people are about to get their World View and “stock portfolio’s” readjusted. The American people have been so conditioned by our political and business leaders and are standing on a beach watching the tide go out and like lemmings, wander out to look for more trinkets and sea shells not aware that the deadly 20 foot high tsunami headed our way will be a complete shock when we are swept away in a torrent of bad debt and worthless currencies and no political clown, government entity, ET or God is going to save them.

But isn’t that what it’s going to take to wake the sheeple up? We are the ones we have been waiting for and only we can save ourselves. The reckoning not the rapture is coming and may be here.

https://jhaines6a.wordpress.com/2015/08/24/ken-speaks-about-this-mornings-correction-and-jean-responds-august-24-2015/

[idiit]

Behold: Insanity


This is not normal... Dow futures moved over 4,500 points intraday today!!!

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150824_EOD16_0.jpg

http://www.zerohedge.com/news/2015-08-24/behold-insanity


edited to add bonus chart of the day! :)

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150824_EOD18_0.jpg

[Rocky_Shorz]

5500 if you count this morning's plunge before rule 46 backed up opening trades...

[johnh]

Anyhow... because of the ignorance and stupidity of the modern masses today. People actually don't comprehend that these are superior to any statutory laws and contractual obligations... But since people don't know how to implement and exercise them (because they don't even understand the purpose or meaning of being under "God's jurisdiction" they have unwittingly sold their birthright for a bowl of stew. i.e. The whole hidden meaning of the story of Jacob and Esau. (very odd story too, when you really think about it, which, like in movies that don't exactly make sense, is a hint, that there has to be more to the story then just the seemingly bizarre series of events as described...

For if they could incorporate the entire country under one corporation, which technically is the case if you embrace your Registered Name as yours when a Police Officers asks you what your name is... then they would have the whole population under their "jurisdiction" i.e. everyone would be a full time employee of a corporation from living in property owned by the State, working in a State owned factory, driving in a State owned vehicle. The infrastructure for this system actually is already here. (hidden in trust interpretation) Anyhow on the public side, it's Big Brother... Power, total control... the Nanny State.


All of the above posts and quotes (am in agreement with) leads to all of the below (a classic):

"Three men went to hell. The devil said to them "You have come to hell, and you must now choose whether to spend eternity in room 1, 2 or 3" He then opened the doors to the three rooms. Room 1 was filled with men standing on their heads, on a hard wooden floor. Room 2 was filled with men standing on the heads, on a cement floor. Finally, room 3 had just a few men, standing in **** up to their knees and drinking coffee. The men thought for a while, and decided to go with room 3, as it was less crowded and they could drink coffee. They entered the door to room 3 and just as it was closing behind them, the devil said "OK men, coffee break's over. Back on your heads."

[idiit]

The PPT was massively outgunned today as the algos went wild.
HUGE MISTAKE…


So where do we go from here? Unless we get some sort of central bank news out of China, we open down again tomorrow and see if they can get a reversal going. We are well over sold and due a bounce …but ALL crashes have occurred from oversold readings. While talking to Jim after the close, he initially said “the PPT got their ass kicked today, it would not have happened if I was running their desk”. Let me explain this because it is SO IMPORTANT.
Today was all about credibility and confidence. “They” could not allow what actually happened because it showed weakness. Or better yet, it exposed their inability to hold it all together. Today was not about margin calls, Mom and Pop selling or even mutual fund/pension plans. No, you saw “algorithms” go wild today and it turned out the algos were bigger than the PPT. Huge mistake by the PPT because just as in a street fight, “weakness” provokes aggression and now the algos know how powerful their punch is! They could not let “it happen” …they did, HUGE MISTAKE!


Lastly, this is not about China, it is not a “correction”, it is not because of a “slowdown”. This is the beginning of the Great Credit Unwinding and will take EVERYTHING “credit” with it. Do you understand what “everything credit” actually is?
In today’s world, anything and everything financial (including real estate) is credit. EVERYTHING is now credit! By now I probably should not have to explain what is “not credit”. Simply put, “real physical gold and silver unencumbered”.
You will soon see this as the credibility of central banks will be called into question. The viability of derivatives will be called into question. The solvency of sovereigns (including the U.S. Treasury) will be called into question. The entire global fiat system will be called into question! The conversation may go something like this;
You have been weighed. You have been measured.
And you have absolutely…

http://www.silverdoctors.com/algos-outgun-the-ppt-the-disastrous-day-that-confidence-broke/

due to the china stock market performance today I guess we'll watch another session of cowboys ( fed plunge protection team;ppt) and Indians ( real world financial forces).

[mgray]

China's 21st Century market Opium War (http://wp.me/ppklu-ee).

[idiit]

I don't think china and Russia are pissed at the citizens of America nor britan. I think they are really pissed at the Zionists no matter what nationality, nor what religion they hide behind.

the opium wars were directed against the ppl of china by the Zionists. the slave trade in America was run by Zionists.

the Zionists are toast my friends, and it's a very welcome stage of developments. :)

[idiit]

according to wilcock in his latest interview Ep 310 FADE to BLACK w/ David Wilcock and Corey Goode, the global financial collapse must and will happen imminently. this will be a milestone in the timeline towards "the event". once ppl get pissed over the revelation that the criminal psychopaths aka cabal did us dirty they will be open to more info. the next successive temporal marker will be a huge data dump that explains all kinds of stuff; our true origins, our incredible genetics, the cabal's history, et/ed's, global human slave trade with aliens, and much much more. then comes ed physical disclosure. then comes "the event". the global financial collapse is wired and going to happen.

https://www.spreaker.com/user/fade2black/ep-310-fade-to-black-w-david-wilcock-and

[idiit]

good time to watch the American markets close. back to yesterdays close. let's see how fast it tanks last few minutes.....

http://money.cnn.com/data/markets/dow/

cursor over markets, drop arrow down to world markets at top; left click.can go to north America at top and then hit dow for example and go to one day for easy to read today's charts ( for those who don't do this often).

[bearcow]

bonkers, bought more puts into the close.

not buying any long positions until the fed says it will not raise interest rates

1820 is the line in the sand for the sp500, if we go below it, then look out below

[idiit]

cnn's hiding the Shanghai Composite -7.63% drop today. :)

here you go:http://www.investing.com/indices/shanghai-composite-chart

^ got day/ 5 day/ month/6 month charts. Shanghai Composite close to 50% drop in last three months.

edited to add at 4:23 cnn showing Shanghai Composite down -8.26%.

[idiit]

dow dropped like a lead balloon in the last few minutes. tomorrow's another day in paradise......

[Harley]

CNN Breaking News <BreakingNews@mail.cnn.com>
1:12 PM (1 minute ago)

to BreakingNews
The Dow closed down 205 points Tuesday, erasing a 442-point gain. The S&P 500 and Nasdaq also closed in the red as fears mount that China's slowing economy will infect the rest of the world.

[BenzSolo]

Big thanks for posting the link to the video. It can be that the guy is freaking out, has false Info and reacting, or can be that it is legit. Better safe than sorry! So for anyone else looking at this, be prepared. Boy Scouts do it, so should we, be prepared is the moral of the story, can you imagine being prepared while everyone else is freaking out? Stock up, if it turns out to be incorrect a false alarm, who cares? You need not buy food or supplies for many months and can hang on to your money. IF it all hits the fan, then you can be relaxed. It is a small thing that can make a big difference. People here in Germany are clueless about the state of the USA etc. They live in a Disney Land, they dont get what happens if things collapse, Germany functions very well, therefore they do not get just how screwed up the USA is. That said it is possible nothing happens. Dont give in to fear just be prepared. Many keep saying the economy will collapse, then it DOES NOT HAPPEN. WHY? The Elite are waiting for something in particular, so I personally think that the time is not in the near future. I think it is a few years down the road, the government is looking to see who is preparing, that is my belief. That said I will be prepared, just in case. Thank you for the video. Best regards, BenzSolo

[Star Wonder]

Gerald Celente is currently on Art Bell's show right now. artbell.com follow links to listen. He will only be on for the first hour.

Celente said, "China is the canary in the coal mine." He said that we are in a world recession.

You might also like this site: http://www.investing.com/indices/major-indices

[idiit]

JPM Head Quant Warns Second Market Crash May Be Imminent: Violent Selling Could Return On Thursday
Tyler Durden's pictureSubmitted by Tyler Durden on 08/27/2015 14:20 -0400


In the just released note, the head JPM quant warns that a large pool of assets controlled by price-insensitive managers including derivatives hedgers, Trend Following strategies (CTAs), Risk Parity portfolios and Volatility Managed strategies, which is programmatically trading equities regardless of underlying fundamentals, is about to start selling equities, "and will negatively affect market in coming days and weeks." For good measure, he casually tosses the word "crash" in the note as well.

more here: http://www.zerohedge.com/news/2015-08-27/jpm-head-quant-warns-second-market-crash-may-be-imminent-violent-selling-could-retur



http://www.jsmineset.com/wp-content/uploads/2015/08/clip_image00216.jpg

http://www.zerohedge.com/news/2015-08-27/silver-soaring

the derivatives can't take the price fluctuations. this is one reason the financial markets were so heavily "managed".

^commodities chart show commodities are moving big time^

when ppl are leveraged to short commodities thru derivatives they must liquidate some assets to shore up their margin requirements.

currencies are moving big time. "race to debase" is on.




In the just released note, the head JPM quant warns that a large pool of assets controlled by price-insensitive managers including derivatives hedgers, Trend Following strategies (CTAs), Risk Parity portfolios and Volatility Managed strategies, which is programmatically trading equities regardless of underlying fundamentals, is about to start selling equities, "and will negatively affect market in coming days and weeks." For good measure, he casually tosses the word "crash" in the note as well.


tomorrow could be very interesting. even the close of today's north American markets might be volatile.

this is a financial war against ponzy. ( hyper-inflated fiat debt based global financial system)

goodbye ponzy. edited to add: it's spelled Ponzi. I guess I like ponzy for some strange reason.

hello precious metals.

hi ho silver!

[idiit]

Margin Calls Mount On Loans Against Stock Portfolios Used To Buy Homes, Boats, "Pretty Much Everything"
Tyler Durden's pictureSubmitted by Tyler Durden on 08/27/2015


I don’t even want to contemplate the deflationary impact that this practice will have once the cycle turns in earnest. Devastating momentum liquidation is the only thing that comes to mind.

more here: http://www.zerohedge.com/news/2015-08-27/margin-calls-mount-loans-against-stock-portfolios-used-buy-homes-boats-pretty-much-e

[Selkie]

Margin Calls Mount On Loans Against Stock Portfolios Used To Buy Homes, Boats, "Pretty Much Everything"
Tyler Durden's pictureSubmitted by Tyler Durden on 08/27/2015


I don’t even want to contemplate the deflationary impact that this practice will have once the cycle turns in earnest. Devastating momentum liquidation is the only thing that comes to mind.

more here: http://www.zerohedge.com/news/2015-08-27/margin-calls-mount-loans-against-stock-portfolios-used-buy-homes-boats-pretty-much-e

Yup. The Great Reckoning by Davidson and Rees-Mogg had it sussed years ago.

[ThePythonicCow]

This is not an across the board, everything fails, crash. Rather it is a market move from stocks, lower grade bonds, commodities, and anything else that can be exchanged ... for US Treasuries and the like ... which will drive the yield on Treasuries negative, which is what happens when you pay more for the bond than it will return.
Two more aspects of these recent events in financial markets should be noted:

It has surprised people that China first announced they were going to let their Yuan currency float more (well, sink further) against the strong US Dollar, supposedly to support Chinese exports (sell more exports because they are cheaper due to the cheaper Yuan), and then seemed to act contrary to that (http://www.bloomberg.com/news/articles/2015-08-27/china-said-to-sell-treasuries-as-dollars-needed-for-yuan-support), selling US Treasuries for US Dollars, and then using the Dollars to purchase (support) their Yuan.

How easily misled we are. The primary objective of the Chinese was to unload more of their US Treasuries (http://www.zerohedge.com/news/2015-08-27/its-official-china-confirms-it-has-begun-liquidating-treasuries-warns-washington). However if they did just that (selling Treasures for Dollars, and then exchanging Dollars for Yuan) this would have strengthened their Yuan more than they wanted. So they feinted in the other direction first, so as to get people worried that the Yuan was weakening, making it easier for the Chinese then to buy up those unloaded Yuan, in exchange for the Dollars they were trying to unload.
...
We probably don't need QE4 (the 4th round of Fed Reserve Quantitative Easing), because we already have it, in our face. That's what stock market crashes, such as that of a few days ago, do. People sell everything they can unload quickly ... and buy US Treasuries with the proceeds. US Treasuries are (supposedly) the "safest" investment available. Billions of Treasuries have been purchased this week, and the latest US Treasury auctions saw increased demand (e.g. U.S. sells 7-year Treasury notes to improved demand (Reuters) (http://www.reuters.com/article/2015/08/27/treasuries-auction-sevenyear-idUSL1N1121KT20150827))

So now, instead of the Federal Reserve having to buy up more US Treasuries for its already bloated balance sheet (aka "Quantitative Easing"), we have the scared investors in every other stock, bond, commodity and futures contract available on the planet selling them and buying up Treasuries by the fist full, instead. How cool is that ? As Jim Willie explains this here (http://www.marketoracle.co.uk/Article51778.html), the US Treasury market has become a black hole, sucking up everything else that can be traded

I expect that China, and soon if not already, other major Treasury holders, such as various OPEC nations and Japan, will ramp up their selling of US Treasuries, and that the financial oligarchs will continue to put fear in the minds (and wallets) of investors, so that they sell everything else and buy up those Treasuries. Whoever buys those treasuries will be the ones left "holding the bag", when the US Treasury market collapses, which will be the most catastrophic event in the global financial, economic and monetary markets of my lifetime ... in the not too distant future.

[ThePythonicCow]

Two more aspects of these recent events in financial markets should be noted
I suggest connecting the dots between what I just wrote in the above post, and what I wrote yesterday in Massive explosions in Tianjin and Shandong, China -- Post #145 (http://projectavalon.net/forum4/showthread.php?84452-Massive-explosions-in-Tianjin-and-Shandong-China&p=993090&viewfull=1#post993090).

[giovonni]

So now... when the US Treasury market collapses ... in the not too distant future.

Well summarized Paul,

Though i suspect a coming major orchestrated (cataclysmic) event will be tried (played)
upon the world stage before that will ever be allowed to occur.

[Harley]

So now... when the US Treasury market collapses ... in the not too distant future.

Well summarized Paul,

Though i suspect a coming major orchestrated (cataclysmic) event will be tried (played)
upon the world stage before that will ever be allowed to occur.

And I very much suspect that your suspicion is WITH merit.

[ThePythonicCow]

Though i suspect a coming major orchestrated (cataclysmic) event will be tried (played)
upon the world stage before that will ever be allowed to occur.

And I very much suspect that your suspicion is WITH merit.
As do I :facepalm:

[ThePythonicCow]

We probably don't need QE4 (the 4th round of Fed Reserve Quantitative Easing), because we already have it, in our face. That's what stock market crashes, such as that of a few days ago, do. People sell everything they can unload quickly ... and buy US Treasuries with the proceeds.
In a just released interview (which I am only listening to now), Jim Willie explains that the way that the US Stock Markets were opened Monday of this week a thousand points down on the Dow Jones (DJIA) was by selling stock futures short, before the opening, and he explains who did this and why.

At about 12:38 in this interview, after observing that the US Treasury market is showing weakness and fractures, Jim Willie says "So how to you generate demand for Treasuries? You weaken the stock market, so you open it a thousand points down.". Jim then goes onto explain how this is done, by the Wall Street banks selling S&P futures short before the stock market opening (Monday of this week).

At about 13:48 in this interview, Jim concludes that explanation by repeating why he thinks the big banks did this: "So why did they do that? I think they did it to generate some public US Treasury bond support."

[giovonni]

And so far (with the their fingers tightly crossed) it has apparently worked ...

Ah the resilience of the (Feds) dollar ... :rolleyes:

[Dennis Leahy]

...demand for Treasuries...

Does this conflict with the rumor (started at least a year ago, maybe more) that ALL paper assets (dollar, bonds, stocks, treasury bills) are going to tank simultaneously, or is it more likely that they will all crash but will crash sequentially, rather than simultaneously?

(and of course, there are more possibilities, such as only some paper losing massive value. Very wealthy people own the vast majority of stock - are they really going to allow anything to happen to their piles of money invested in stocks? Seems like they have the advance warning they need to dump, order puts, and be ready to buy the stocks back when the numbers get low enough (so, temporary wild volatility, amateur traders and those who do nothing (do not sell) lose their shirts, rather than a total market crash?)

I know we're in conjecture mode when I ask, "What's next?", but I also strongly suspect that this is orchestrated and that the ultra-rich will not be hurt at all, so they must have plans to weather (or profit from) the storm.

[ThePythonicCow]

...demand for Treasuries...

Does this conflict with the rumor (started at least a year ago, maybe more) that ALL paper assets (dollar, bonds, stocks, treasury bills) are going to tank simultaneously, or is it more likely that they will all crash but will crash sequentially, rather than simultaneously?
My favorite mental analogy for the financial markets is a high rise building, where the higher stories are more speculative investments (junk bonds, dot.com stocks in the late 1990's, mortgage backed securities leading up to the 2008 crisis, penny stocks, student debt backed bonds, etc.)

The ground floor is food, clothing, and shelter ... when all forms of abstract money fail and one is left to barter for one's very survival.

The first floor above that is physical, in hand, gold and silver ... the longest standing form of abstract money, for thousands of years.

Just above that are gold backed notes and bills of exchange (90 day notes backed by actual work in progress and by actual goods in transit.) These are the lowest level of assets that are easily transferred and accounted for using (double entry accounting) ledger books or (more recently) computer database entries.

The next floor, for the last half century, has been the world's reserve currency and associated bonds ... the US Dollar and US Treasuries.

The next floor up has blue chip stocks, such as those that make up the S&P 500 and the Dow Jones averages, and AAA bonds from the best corporations and other nations.

In "good" times of expansion, the best money is made higher in the building. I made some nice money, in the late 1990's, in dot.com stocks and options. In falling times, these higher levels of the building collapse, and people rush to the lower, safer, levels. Right now, the higher quality stocks and bonds are starting to collapse, and the rush is to one floor lower, the US Dollar and US Treasuries.

However the US Dollar and Treasury bonds have disconnected from the real world floors lower down. This disconnect officially began with Nixon's "closing of the gold window", on August 15, 1971 (https://en.wikipedia.org/wiki/Nixon_Shock). The disconnect has since grown increasingly wider, and is about to rip wide open. This profound failure of the world's reserve currency has been papered over so far, but not for much longer. Debt-backed currencies (Babylonian money magic), once disconnected from any limited physical reality, do that. Their essential worth depends on continuing to promise more and more in the future than is offered in exchange today. Eventually, they blow up. Always. The promised returns in the future grow exponentially larger, as the underlying real world deliverables start to shrivel, in part due to the costs of an increasingly fraudulent monetary system. This snowballs beyond repair or even being covered up.

This is the first time in recorded history that the world's monetary base has been openly denominated in a debt-based currency. We are about to see historic events unfold, though these events will be of sufficient magnitude and complexity that it will have to come in multiple stages and dramatic events.

Kissinger and the US military/intelligence/banking complex kept this game lasting longer than it might have otherwise, by "persuading" (gold Rolls Royce, or gold bullet to the head - your choice) the ruling families on the Arabian peninsula to only accept US Dollars in exchange for oil, hence the term the "petro-dollar". That game too is failing now.

So, no, not all paper assets fail simultaneously. Some have already failed. If you hold any Lehman stock, it perhaps could be used for wall paper. The Silicon Valley company on which I made the most money still exists ... after three bankruptcy filings in the last decade. The layers fail sequentially, top down (top being the most speculative.) My former Silicon Valley McMansion (actually no bigger than my cheap Texas trailer) has lost nearly half its value ... so far.

Right now, the best stocks and bonds, such as in the S&P 500 and the Dow, are starting to fail, which is strengthening the layer below, US Treasuries.

Jim WIllie figures that gold and trade backed notes will be the next layer down, when the US Treasury market fails. But the US Treasury market is a huge level of this building, deeply entangled into most national central banks and many long term contracts and derivatives. When that level fails, it will be substantially more catastrophic than one or two banks or large corporations going bankrupt. It will shake the foundations of the current, deeply corrupt, US federal government, and it will spell the end of the Federal Reserve and some major Wall Street banks. The entire world economy will be shaken to its current monetary, political, financial and economic foundations.

I anticipate that Jim Willie is right, that gold and trade backed notes will be the level that holds. If a nation has something to trade, whether a resource or something it can make or physical gold, and if some other nation wants that in trade, it will still be able to happen.

[mgray]

I really don't think you can anything away from this week's US equity trading, with the exception that it's going to be a bumpy ride downward this late summer early fall.

The markets became victim to High-Frequency Trading. The black boxes whipsawed the markets back and forth with little regard.

Many 200 pts. down, 300 pts. up intraday has the hallmark of algos grabbing pennies each and every nanosecond.

The SEC is the one making all the money by charging these firms a trading tax. That's why the black boxes are tolerated, they provide liquidity to the SEC, not the markets.

[idiit]

there has been some speculation that the instantaneous 1,000 point drop in the dow earlier this weak was orchestrated by the cabal.

jim willie just released his latest interview and right off the bat goes into the Tianjin explosion and why/how it happened. he later goes on to state that in his opinion $billion moves are orchestrated. $trillion moves are definitely orchestrated. the 1,oooo point drop was in fact orchestrated. he does some speculation.....

basically, I think most of us here are right on track with our analysis. jim willie is synchronous with our takes.


We Are At War ~ With Jim Willie posted late last night

https://www.youtube.com/watch?v=j7U3K34spuQ

[idiit]

HOWEVER, in light of an interesting news report just hitting the tapes that King Salman of Saudi Arabia is visiting the White House next week – news of which Goldman no doubt had insight knowledge – perhaps Goldman has been loading up on real physical gold ahead of this meeting. Why?

This is pure speculation on my part, but I suspect that Saudi Arabia is going to start trading their oil in yuan. The Chinese are clearly dumping dollars now and they are making it clear that their preferred method of trade settlement is to use yuan. Perhaps the good King will also let Obama know that they are losing their appetite for buying Treasuries.

The petro-dollar is being dismantled systematically by the non-US vassal world – i.e. the eastern hemisphere, for the most part.

http://www.silverdoctors.com/goldmans-gold-delivery-real-or-paper/#more-57387

jim willie said in the above linked interview "we're at war" that saudia Arabia has been taking yuan for 3 months now in exchange for oil.

the petro dollar is in it's death throes due to many reasons. all part of the global Ponzi finale.

[ThePythonicCow]

In a just released interview (which I am only listening to now), Jim Willie explains that the way that the US Stock Markets were opened Monday of this week a thousand points down on the Dow Jones (DJIA) was by selling stock futures short, before the opening, and he explains who did this and why.


jim willie just released his latest interview and right off the bat goes into the Tianjin explosion and why/how it happened. he later goes on to state that in his opinion $billion moves are orchestrated. $trillion moves are definitely orchestrated. the 1,oooo point drop was in fact orchestrated.

...
https://www.youtube.com/watch?v=j7U3K34spuQ
Aha - that's the Jim Willie interview I spoke of above, but forgot to provide a link for. Thanks!

[ThePythonicCow]

I really don't think you can anything away from this week's US equity trading, with the exception that it's going to be a bumpy ride downward this late summer early fall.

The markets became victim to High-Frequency Trading. The black boxes whipsawed the markets back and forth with little regard.
It sounds to me, mgray, like you're saying "Nothing to see here folks ... just some HFT black boxes doing their silly thing ... move along."

I hope you have stashed some "nuts" outside of the financial system, mgray :). They might start tasting pretty good, sometime in the coming year.

My take, as with the take of others who commented above, and of those we quoted, is that there is some very interesting stuff to see here. History in the making.

[idiit]

oops! didn't see earlier paul's post on the jw interview. :)

not too many deniers of the imminent financial collapse. at least we aren't being called nut cases on this one. :)

[Bingo]

Thanks so much Paul for your educational info on finance...much appreciated. I'm confused by Martin Armstrong who seems to be the only one not onboard with the collapse. He feels the crash on Monday was a "fake." We are now back and waiting to see if the low holds, but he seems to think it will. Any comments on Armstrong?

Jim Sinclair, on the other hand, says we will be done and dusted by the end of September. I do read everyone and then try to get a balance but it is mucho confusing.

[ThePythonicCow]

Thanks so much Paul for your educational info on finance...much appreciated. I'm confused by Martin Armstrong who seems to be the only one not onboard with the collapse. He feels the crash on Monday was a "fake." We are now back and waiting to see if the low holds, but he seems to think it will. Any comments on Armstrong?
You're welcome.

I continue to read (or attempt to read) Armstrong, however he speaks in riddles at time, as best as I can tell :).

Perhaps by calling this last week's crash a fake, he meant that it wasn't the "big one", but just a transient move that will not be immediately followed up with further major declines.

[Bingo]

And as he states over and over again, his comments are not his personal opinion but the analysis of his computer, Socrates. I would be tempted to purchase that analysis if I could be sure it really does what he says it does. In other words, if it can analyze all the financial cycles over the past 300 years that would be something. But it would depend on the information that was fed into it, no?

Always in the back of my mind is the question: what deal did he have to make to get out? He was languishing for 8 years and then something changed.

[Dennis Leahy]

...

We Are At War ~ With Jim Willie

A quick aside, and I won't mention this again in this thread: The plan (The Reset Button) for ordinary US citizens to take control of the electoral paradigm away from the Elite (thus gaining control of our own governance) has as its working strategy (to force the transition that the Elite will not willingly concede) of a nationwide general strike. (There is more, but that is "the big one.") This is in line with John ("Confessions of an Economic Hitman") Perkins' real-world experience and understanding of how modern wars are fought. The first phase of modern war is financial. Only if that is unsuccessful is there escalation into "physical" war.

"War" is the correct word for what is happening. The people at the top of the pyramid are waging war on the rest of humanity.

[Selkie]

The big boyz make money on the movement of money. They have all their fingers in all the pies, and have hedged all their bets forward, backwards, sideways, down. So I tend to see it as a case of insect wrangling...you get the masses to move by blowing hot air at them. So now, after the China thing, all the money is scurrying around all over the place, looking for somewhere to hide, and the big boyz are making money on every penny that is looking for a safe haven.

And what if the explosions in China were simply a demonstration of America's military superiority, and a warning to China not to get "uppity", to use an offensive term? The papers tend to make us out as a paper tiger, but what if we're not?

Just some thoughts.

[Bingo]

There is a serious question on the table about whether we nuked China but the evidence is not in yet.

However, as I look over the market close for the day stocks are way up, oil gained a lot, even gold is up $10. The breaking news is:

"There are bluebirds over the white cliffs of Dover!"

[Redstar Kachina]

..........

[Dennis Leahy]

If my big knockout punch is a right cross, I may set you up with a left jab.

Maybe the -1000 points and the quick (partial) recovery was orchestrated. The 1950s-era advice for the stock market was always to "let it ride", assuming it will ALWAYS go back up. The top level global financial people know what is happening, so this doesn't affect them. But, the average Joe with a (stock market-based) 401k has been trained to "let it ride", and so is now ripe for a knockout punch.

[KiwiElf]

The U.S. did not nuke China.

I agree,... and so does Veteran's Today -- it WAS nuked, but I very much doubt by the US, designed to look that way maybe ;)

http://www.veteranstoday.com/2015/08/25/confirmation-tianjin-was-nuked/

[Selkie]

The U.S. did not nuke China.

I agree,... and so does Veteran's Today -- it WAS nuked, but I very much doubt by the US, designed to look that way maybe ;)

http://www.veteranstoday.com/2015/08/25/confirmation-tianjin-was-nuked/

Shouldn't they be able to tell by the residue? I was under the impression...which could be wrong, of course...that they can identify stuff like that, down to the facility where it was made.

[ThePythonicCow]

Shouldn't they be able to tell by the residue? I was under the impression...which could be wrong, of course...that they can identify stuff like that, down to the facility where it was made.
"They" can tell, yes, and some of the sorts of materials (I forget for sure which, perhaps the plutonium) that might be used in such bombs are highly identifiable, yes.

However, not surprisingly, I put the chances that "they" would honestly tell "us" at approximately 0.00%.

¤=[Post Update]=¤


The U.S. did not nuke China.
So ... who did ? <grin>

[KiwiElf]

Shouldn't they be able to tell by the residue? I was under the impression...which could be wrong, of course...that they can identify stuff like that, down to the facility where it was made.
"They" can tell, yes, and some of the sorts of materials (I forget for sure which, perhaps the plutonium) that might be used in such bombs are highly identifiable, yes.

However, not surprisingly, I put the chances that "they" would honestly tell "us" at approximately 0.00%.

¤=[Post Update]=¤


The U.S. did not nuke China.
So ... who did ? <grin>

My "hunch" to your tongue-in-cheek question :)? Mr NuttyYahoo or "related Cabal Persons". The nuke weapon signature seems to be the same as that used in 9-11 ;)

[ThePythonicCow]

I like my nuts salted and roasted :).

[Harley]

RE: Whether or not the explosion(s) were nuclear or conventional.

Please see my post here: Re: Massive explosions in Tianjin and Shandong, China (http://projectavalon.net/forum4/showthread.php?84452-Massive-explosions-in-Tianjin-and-Shandong-China&p=993859&viewfull=1#post993859)

[Wind]

When it comes to financial news and China...

HIERrG-1oqQ

[idiit]

iirc vt stated that Tianjin had Israeli fingerprints.

it's very important to discern between the Zionists and the different groups they have infiltrated; nations, relegions, etc. the Zionist are masters at pulling their **** and letting someone else take the blame. it's their mo.

not jews, not christians, not muslims, not Israel, not USA. Zionists. let's hope Russia and China can see them for who and where they are and be selective in how they respond.

in the ongoing financial war the Zionist debt and usury based monetary system hyper-inflated by leverage devices like derivatives is under attack.

[idiit]

jw just released another interview that i'm just starting to listen to. right off the bat he goes into Tianjin and the cia doing the dirty.

here's the link to another 1.5 hrs. of jackass perspective:


Jim Willie: Coming Oil Bust Bigger Than Sub Prime Collapse

https://www.youtube.com/watch?v=_9amqA9uUg0

I don't consider langley "American". it is operating with the willing complicity of most americans and has it's stronghold center of operations in America.so I have a difficult position on the topic.

isil ( McCain's army ie senator/traitor extraordinaire john McCain ) for example is a three way between Israel, cia and saudia Arabia. the lines are blurry. :)

maybe the americans need to decide if cia is American? maybe the americans need to understand what the cia is; the largest assassin, destablizing, drug trafficking operation the world has ever witnessed followed by mossad, in bed with mossad.

[mgray]

I really don't think you can anything away from this week's US equity trading, with the exception that it's going to be a bumpy ride downward this late summer early fall.

The markets became victim to High-Frequency Trading. The black boxes whipsawed the markets back and forth with little regard.
It sounds to me, mgray, like you're saying "Nothing to see here folks ... just some HFT black boxes doing their silly thing ... move along."

I hope you have stashed some "nuts" outside of the financial system, mgray :). They might start tasting pretty good, sometime in the coming year.

My take, as with the take of others who commented above, and of those we quoted, is that there is some very interesting stuff to see here. History in the making.


The moves in the equity markets are historic and I have said here and on my blog Gray's Economy ((http://mgray12.wordpress.com/)) that we put in the top of the market in May.

I was the first to report (http://nypost.com/2008/09/21/almost-armageddon/) about the market collapsing after Lehman Bros collapse.

I wrote about the Plunge Protection Team (https://mgray12.wordpress.com/2015/08/26/plunge-protection-team-to-the-rescue/) stepping in Sunday night, Monday morning trading futures to lift the market

Yes all this is historic and should be noted, but to think you can trade against this information -- or better yet -- to say a total collapse is imminent as a result and scare people not in the know, well that's not my cup of tea.

I note market events and take the tact that the conventional thought behind such market moves is wrong or at least perverted. And too that end I have stated that on Aug.1 I was out of the market and moved to cash.

No timing the top or anything like that, I said that the markets were overbought with liquidity being a big concern.

However, I put the possibility of a "Mad Max" scenario this fall of getting in a cellar bunker with an AR-15 waiting for the state militia to restore order at 0 percent.

I don't pander to sensationalism to attract readers. I don't consult with secret Asian gangs to figure out the future.

I speak daily with good people in the markets, who like you and I, are trying to get a little something for their families. They're not part of the illuminati, they trade stocks and bonds on desks at JPMorgan, Goldman and other Wall St. firms and hedge funds.

So now you know where I am writing from. It's not a deep dark bunker in Tora Bora, It's twenty miles from Wall Street and it's done to inform not to scare.

[idiit]

finished the latest jw interview.

the usfrn$ will not be accepted as payment in global trade settlements. it's killing nations, it's killing the ppl around the world; financially, global warmongering financed by frn$ credit card.

^self evident conclusion imo. what jw did not say that I also see as self evident is that there will global refusal to acknowledge any and all frn$ denominated debt because due to going outside the "selling bonds to produce fiat currency" by fiat frn$ counterfeiting euphemistically known as tarp, qe the frn$'s are not valid therefore frn$ denominated debt is not legitimate; frn$ debt jubilee. the present frn$ is moot.

when the world refuses to accept frn$ denominated currency, debt, payments, etc. as legitimate the paper lies posing as paper assets will be at best significantly devalued, at worst exposed as totally worthless by the global community. we are talking all paper assets including stock portfolios, iras, pensions, etc. there will a bifurcation short term where domestic usa valuations will separate from global financial valuations.


the present frn$ will be replaced domestically by another counterfeit fiat currency posturing as backed by physical gold called the scheiss dollar by jw. the usa has no physical gold stockpile. our new currency therefore cannot be legitimately backed by physical gold; another fake currency for short term domestic use.

"Jim Willie: Coming Oil Bust Bigger Than Sub Prime Collapse" is another great "connecting the dots" 1.5 hr. classic imo.

[ThePythonicCow]

So now you know where I am writing from. It's not a deep dark bunker in Tora Bora, It's twenty miles from Wall Street and it's done to inform not to scare.
Yes, most of the doom & gloom stuff that I read, follow, and have at times posted is about as good a source of solid insight as this guy:

http://thepythoniccow.us/carnival_barker.jpg

Yes, I got out of the dot-com boom too soon, and yes, I missed the last two bull markets, leading up to 2007, and again leading up to the present.

Yes, even if the SHTF, most of the predictions that that would happen will be revealed to be shallow and bogus.

Yes, it's quite likely that your net worth is greater than mine ... if I'm so smart, how come I'm living off a social security check in a low class trailer park?

However ... I remain convinced that something big is going down, big as in the Fed, the US Dollar, the Anglo-American empire, and major Wall Street banks :).

(and yes, I've been wrong the last N times I made similar predictions.)

[mgray]

No not my point to compare our bona fides. I was merely explaining that I have seen bad things happening, I'm just not looking for Armageddon around every corner.

You just can't expect an event that is ten standard deviations from the norm, to occur on a daily or monthly basis.

[ThePythonicCow]

However ... I remain convinced that something big is going down, big as in the Fed, the US Dollar, the Anglo-American empire, and major Wall Street banks :).
Not just the US ... rather global economic depression.

China is failing because its main customers are failing and they are way over built for such shrinking markets. Resource exporting countries are failing because their customers (China, Japan, the other Asian tigers, Europe and the US) are buying less and paying less for it. Oil and copper prices, for example, are way down, as is the Baltic dry index. Everyone is substantially further into debt than they were, even a few years ago ... a lot of the debt is dollar denominated, and dollars are getting scarce.

New dollars are lent into existence (the essential nature of a debt-based currency) and new lending is drying up, for lack of good collateral or promise of strong future income. Initially, at present, this strengthens the US Dollar and its core financial institutions, as everyone increasingly seeks the security of the world's reserve currency bonds, and seeks that reserve currency to make debt payments.

The US financial markets are in a classic megaphone pattern, of increasingly large oscillations:

http://oextradingresources.com/megaphone.gif

The oscillations get bigger and bigger, with higher highs and lower lows ... until the megaphone self-destructs from excess internal stress.

¤=[Post Update]=¤


You just can't expect an event that is ten standard deviations from the norm, to occur on a daily or monthly basis.

Agreed. But they do happen, more often than the bell shaped curves favored by statisticians would predict.

For example, from Zerohedge earlier this week: Nassim Taleb's Fund Made $1 Billion On Monday (http://www.zerohedge.com/news/2015-08-28/nassim-talebs-fund-made-1-billion-monday-how-other-hedge-funds-did).

[spacejack]

That attached PDF mentions the seven year cycle called the shemitah. And some say this is the big jubilee which is a massive reset. But I saw some stuff saying that this is the shemitah in september, and things will reset like in 2008, but the jubliee isnt until the next shemitah (2022).

You can already see metal prices tanking over the last year. This is because production from major companies is going down in preparation for decreased demands. These will start to bounce back up after christmas so that would be a good time to buy copper etc. Gold may bounce up right before or during the shemitah, like in a few weeks.

Ive been playing the stock game for a few years with sony, nvidia, tesla, and a few others. But I already cashed them all out and they all already started to drop.

There is defintely going to be a change this fall. Canadian elections are here which changes a lot for USA. Our dollar is week. And like I said, with metals dropping, its a sign.

¤=[Post Update]=¤

Just to clarify though, I dont think this will be apocolyptic times. There may be some riots, some dense poor areas may suffer, and other countires may do really bad. But in North America, I think we will just get hit like in 2008.

[bearcow]

By viewing the positive futures markets manipulation this past week it is fair to assume that the market makers are not trying to completely tank the economy right now.

I expect the market to be tepidly bearish and re test last Mondays lows before the fed meetings sept 16-17

after that, ill paint a picture of what i think are the two most likely short term scenarios regarding the markets.

option 1:

The fed decides to raise interest rates.

The bear run continues for another 10%, and will be blamed on China. The clamoring for another round of quantitative easing that started this week will grow louder. The fed will reverse course a few months later, saying despite the relative strength of the US Economy the global turmoil in emerging markets and china threaten to destabilize the usa as well, thus another round of qe is required. After this, we have a another bull run in stocks for 2-3 years until the next "crisis".

option 2: The fed decides to postpone raising rates

A new bull run will commence and take us back and probably 5 % past last may's high's. After that, i suspect we have another fork in the road moment similar to the one we are now facing in 6 months or so.

I dont think a crash is in the cards unless there is a major geo-political event that ratchets up the level of fear to 9/11 type levels.

[mgray]

I'll take door #1, Bear.

I believe we are closer to QE4 than rate hike, especially if the Fed punts on September.

[Redstar Kachina]

..........

[ThePythonicCow]

The Day The Music Dollar Died.
The US Dollar, ever since Nixon took the US completely off the gold standard in 1971, has been called the Petro-Dollar for a reason. The primary and reliable driving force that has maintained a market for US Treasury debt has been the oil exporting countries, exchanging the US Dollars they got for selling oil, for US Treasury debt.

This ended last year, as observed on Zerohedge in Nov 2014, in the article How The Petrodollar Quietly Died, And Nobody Noticed (http://www.zerohedge.com/news/2014-11-03/how-petrodollar-quietly-died-and-nobody-noticed).

The key chart from that article:

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014/11/petrodollar%20chart_0.png

Various shell games of the New York banks, Federal Reserve and cohorts are keeping the game going for a little while longer, but no long term stable means to rejuvenate the US Dollar is evident.

From 1971 to 2014, Saudi Arabia and other oil exporting nations required payment in US Dollars, and reliably bought large quantities of US Treasuries with those Dollars, keeping the game going. More recently, Asian manufacturers, culminating in China, did the same.

This ended last year. China is now unloading its Treasury hoard, as are the oil exporting nations. The oil exporters are having to sell some of their Treasuries to get money to run their governments, in part because of the low price of oil.

Last week we saw a spike in demand for US Treasuries from scared investors in the stock market, which had an extreme spike in volatility. Other fraudulent schemes are being used, covertly, to shuffle the chairs on the US Titanic's deck, with massive movements behind the scenes.

The latest updates from Zerohedge on this matter:

Why It Really All Comes Down To The Death Of The Petrodollar (23 Aug 2015) (http://www.zerohedge.com/news/2015-08-22/why-it-really-all-comes-down-death-petrodollar):


Recent events in developing economy FX markets following the devaluation of the yuan stem from a seismic shift we began discussing late last year - namely, the death of the petrodollar system which has served to underwrite decades of dollar dominance and was, until recently, a fixture of the post-war global economic order.

In short, the world seems to have underestimated how structurally important collapsing crude prices are to global finance. For years, producers funnelled their dollar proceeds into USD assets providing a perpetual source of liquidity, boosting the financial strength of the reserve currency, leading to even higher asset prices and even more USD-denominated purchases, and so forth, in a virtuous (especially if one held US-denominated assets and printed US currency) loop. That all came to an abrupt, if quiet end last year when a confluence of economic (e.g. shale production) and geopolitical (e.g. squeeze the Russians) factors led the Saudis to, as we put it, Plaxico'd themselves and the US.

The ensuing plunge in crude meant that suddenly, the flow of petrodollars was set to dry up and FX reserves across commodity producing countries were poised to come under increased pressure. For the first time in decades, exported petrodollar capital turned negative.
Why The Great Petrodollar Unwind Could Be $2.5 Trillion Larger Than Anyone Thinks (29 Aug 2015) (http://www.zerohedge.com/news/2015-08-29/why-great-petrodollar-unwind-could-be-25-trillion-larger-anyone-thinks):


The liquidation of hundreds of billions in US paper made national headlines this week, as the world suddenly became aware of what it actually means when countries begin to draw down their FX reserves. But in order to truly comprehend what’s going on here, one needs to look at China’s UST liquidation in the context of the epochal shift that began to unfold 10 months ago. When it became clear late last year that Saudi Arabia was determined to use crude prices to bankrupt US shale producers and secure other "ancillary diplomatic benefits" (think leverage over Russia), it ushered in a new era for producing nations. Suddenly, the flow of petrodollars began to dry up as prices plummeted. These were dollars that for years had been recycled into USD assets in a virtuous loop for everyone involved. The demise of that system meant that the flow of exported petrodollar capital (i.e. USD recycling) suddenly turned negative for the first time in decades, as countries like Saudi Arabia looked to their stash of FX reserves to shore up their finances in the face of plunging crude. Of course the sustained downturn in oil prices did nothing to help the commodities complex more broadly and as commodity currencies plunged, the yuan’s dollar peg meant China’s export-driven economy was becoming less and less competitive. Cue the devaluation and subsequent FX market interventions.
~~~

Don McLean - American Pie


A long, long time ago...
I can still remember
How that music used to make me smile.
And I knew if I had my chance
That I could make those people dance
And, maybe, they'd be happy for a while.

But february made me shiver
With every paper I'd deliver.
Bad news on the doorstep;
I couldn't take one more step.

I can't remember if I cried
When I read about his widowed bride,
But something touched me deep inside
The day the music died.

So bye-bye, miss american pie.
Drove my chevy to the levee,
But the levee was dry.
And them good old boys were drinkin' whiskey and rye
Singin', "this'll be the day that I die.
"this'll be the day that I die."
uAsV5-Hv-7U

[Calz]

:cow: bringing tunes to the table ... I love it.

I'd post Prince's 1999 tune if only I could ... (gets taken down almost immediately)


So many ways to look at it or explain it ...yeah ... Ponzi schemes have an inescapable end.


Best of luck to those who don't have a "ticket" or cannot afford a bunker of their own.

[idiit]

saudia Arabia according to two insiders has been accepting yuan for oil for two months. basic under-pinning of the petro dollar severed.

china is now releasing their gold holdings in current fair market valuations ( paper derivatives manipulated downward valuations atm) instead of weight/tonnage. big step towards revaluation of gold as a precursor to the new gold backed yuan imo.

here's the point not getting realized yet; when the fed jumped the out of bounds lines and just started virtually creating trillion$ out of debt that no one can possible pay back they transformed the dubious frn$ fiat currency into Donald duck/mickey mouse currency. ppl don't like paying back their debts; human nature. they now have an excellent reason not to. the frn$ is not legitimate since they quit selling T-bills/bonds to foreign and domestic buyers. the current QE, TARP monetary creation mechanisms are illegitimate. the frn$ currency is now illegitimate. the frn$ debts are illegitimate.

[ThePythonicCow]

Yes all this is historic and should be noted, but to think you can trade against this information -- or better yet -- to say a total collapse is imminent as a result and scare people not in the know, well that's not my cup of tea.

I note market events and take the tact that the conventional thought behind such market moves is wrong or at least perverted. And too that end I have stated that on Aug.1 I was out of the market and moved to cash.

No timing the top or anything like that, I said that the markets were overbought with liquidity being a big concern.

However, I put the possibility of a "Mad Max" scenario this fall of getting in a cellar bunker with an AR-15 waiting for the state militia to restore order at 0 percent.

I don't pander to sensationalism to attract readers. I don't consult with secret Asian gangs to figure out the future.

I speak daily with good people in the markets, who like you and I, are trying to get a little something for their families. They're not part of the illuminati, they trade stocks and bonds on desks at JPMorgan, Goldman and other Wall St. firms and hedge funds.

So now you know where I am writing from. It's not a deep dark bunker in Tora Bora, It's twenty miles from Wall Street and it's done to inform not to scare.

Let me come back to this post. Right now I am listening to several Doom & Gloom "The End of The World is Coming -- Real Soon Now !!" Youtube videos (well, the sound is playing in my headphones; they are hard to listen to as my mind keeps wondering off to more mundane matters.)

Your post quoted just above may be one of the most important posts to understanding our situation that I've seen.

Your post presents a reasonable, informed view that might be typical of many successful and respected individuals. Such views represent the calm, sensible views that many of the more informed citizenry hold of the Heinz 57 variety of Doom & Gloom Nutcases that thrive in the popular "alternative" media, whether yellow press journalism on newsprint, all-night talk radio, or in the last decade, the Web. Every demographic group, old, young, Christian, Gnostic, Jew, Muslim, southern hick, northern gentile, rich, poor, educated, drop-out, male, femaie, ... has its Pied Pipers, parading around with "The End of The World Is Near" signs.

The 10% of the population that is well informed, reasonably and properly dismiss such Doom & Gloomers, of whatever stripe or delusion, wearing whatever sack cloth or three piece suit.

That 99% of all the predictions of such mad fools turn out to be wrong confirms this dismissal. Well, actually, quite a bit less than 99% of the predictions turn out to be verifiably wrong. This is because many, if not most, of these predictions fall to one of the more common fallacies of scientific endeavors - they are not "falsifiable" - they can not be proven wrong because they are so confused or ambiguous that their correctness can never be ascertained, regardless of what actually happens.

As our food, water, air and medicine supplies are flooded with toxins, so are our efforts to understand. To the extent that the bastards in (and perhaps now departing) power are quite eager to amplify the flood of food, water, air and medicine toxins, similarly they are quite eager to amplify the flood of confusions that drowns out our collective efforts to understand.

Those of us, including many here on this forum and doubtless including yourself, who are genuinely interested in seeking better understanding, are in a tough battle, that goes on daily, on this forum and every where else in the alternative media and other forms of public discussion, to combat this relentless tsunami of confusions and disinformation, of buzzword compliant appeals to emotion and lunacy. You are quite right to dismiss such, and you do so with admirably respectful and restrained language.

Such battles will never end for forums such as this, which make a point of providing a platform for all who wish to speak to such topics, so long as they honor some fairly minimal rules.

Any ideas how we can better separate the (scarce) wheat from the (abundant) chaff ?

Almost none of the 90% who has not been paying attention to any of this noise will start paying attention, when and if the SHTF. Rather they will turn to the 10% more informed, the main stream media, and the recognized public leaders and institutions, for guidance on how to respond. If they don't so turn of their own accord, sufficient force, both physical and propaganda, will ensure that they do turn.

The name of the game is control. When the IMF riots (http://rense.com/general10/imf.htm) come to the United States and to China, as I anticipate they will, in some form, in the not too distant future, they will likely succeed just as they have in so many other instances over the last half century, enabling the confiscation of the property, labor, resources and liberty of a nation's people.

Whatever understanding might have been found in the alternative media to counter these crimes against humanity will, once again, be drowned out.

How can we counter this?

[Bill Ryan]

Those of us, including many here on this forum and doubtless including yourself, who are genuinely interested in seeking better understanding, are in a tough battle, that goes on daily, on this forum and every where else in the alternative media and other forms of public discussion, to combat this relentless tsunami of confusions and disinformation, of buzzword compliant appeals to emotion and lunacy. You are quite right to dismiss such, and you do so with admirably respectful and restrained language.



Of some interest (maybe): this afternoon I recorded an interview (about an hour and a half or so) in which I talked extensively about exactly this. I may or may not publish it. At the end I felt quite discouraged! :)

:focus:

[Carmody]

When false ponzi schemes like the petrodollar or FR system finally goes flat, people and their values 'go to ground', as it were.

In such a case as the US system, they have to go to ground via controlling reserve or..resource systems. hard things. commodities, elements, oil, gold, silver, nickel, copper, steel, wood, crops, Water, and so on. Nation building and nation continuance stuff.

Basically the computer running the show where the reboot (CNTL ALT DEL) was committed to..that computer has to be plugged into a 'hard system', that can power it.

This is part of why Canada is now so infiltrated with Neocons, anti-Canadians, and clandestine fascist organizations ..which are on the severe rise... as this appears to be part of their reboot endgame. So Harper was put in place to steer Canada into that endgame position, so it would be ripe for North American union inclusion.

What this means, is that no matter WHO is elected into office in Canada, in October, it is expected that this person will not change a single important thing, regarding that overall clandestine plan, but might make some unimportant changes, like new types of signs on the federal offices given bathrooms or what not (transgender notices, whatever). Things that people can take note of, but are meaningless.

The big clue of what comes next will be the outcome of the Canadian election and what motion and acts that the given new prime minister takes.

Essentially, Canada... even with all it's given activities over the years....Canada is a:

Vast.
Untapped.
Resource.

Basically the integration must take place before that reboot can really be laid out in motion in a way that the markets and the public can see. So pay attention to that election, and it's aftermath.

[mgray]

When your factory settings are that it's all a Ponzi scheme or the SWHTF riots as a jumping off point, it's difficult to then come to a "correct" conclusion, I feel.

Again I go back to deviations off the norm. 911 was a huge deviation, but they come about with the same regularity as a 50-year flood.

Look by beginning of 2009 we had 30% unemployment in the U.S., did you see riots in the street?

No you had Occupy (enter your city here). So why call for civil unrest now? As a jumping off point.

I work off of the premise that those who have the most skin in the game also make the rules, so simple inertia will keep the markets afloat. Bearing in mind that no chart goes straight up, you will have corrections.

Now knowing when greed and avarice are riding high, you sell your positions and await the correction to jump back in.

That's my technical analysis of markets.

Again this type of talk won't get you on the gloom and doom shows or huge hits on your blog, but I wish to inform not scare.

Case in point look back at the comments in this thread. Not many likes for my comments. Including Bill who likes every post but mine. Lol

[ThePythonicCow]

Again I go back to deviations off the norm. 911 was a huge deviation, but they come about with the same regularity as a 50-year flood.
Looking at the frequency of bridge collapses might give one an estimate of how likely they are, but to understand how likely it is that a particular bridge will collapse soon, one needs to study that actual bridge, and the sorts of loads on it.


I work off of the premise that those who have the most skin in the game also make the rules, so simple inertia will keep the markets afloat.
Perhaps keeping the markets afloat is not what matters most to those who "make the rules".


Again this type of talk won't get you on the gloom and doom shows or huge hits on your blog, but I wish to inform not scare.
Oh dear ... it seems that you really don't understand what we are trying to do here, do you.

[ThePythonicCow]

I work off of the premise that those who have the most skin in the game also make the rules, so simple inertia will keep the markets afloat.
Here's a multiple choice quiz for you, mgray.

When will the US Dollar monetary system fail:

Never.
Someday, not soon.
Soon.

Your statement that "simple inertia will keep the markets afloat" suggests to me that you would answer "Never."

If so, I disagree.

Debt-based monetary systems are founded on the promise of greater return in the future for money lent into existence in the present. That is their essential nature.

They always fail. Always. One cannot keep compounding increased returns forever. Eventually the promised returns so far exceed what could possibly be realized that the promises fail (as in, for example, China, Japan and Saudi Arabia marking their US Treasuries "Return to Sender", which China is already officially (http://www.zerohedge.com/news/2015-08-27/its-official-china-confirms-it-has-begun-liquidating-treasuries-warns-washington) doing, and which I suspect Saudi Arabia is unofficially doing, in order to balance its national budget in a time of low oil prices.)

Debt-based monetary systems always fail.

If you disagree with that, then I would posit that you are deceiving yourself, perhaps out of misguided self-interest.

If you agree with that, then we are reduced to asking when the US Dollar system will fail, which requires looking at the actual circumstances. Of course, in such a case, observing that "it's never failed yet" is of no help. Catastrophic failures of a system happen only once, for a given instantiation of such a system.

If you ask an old man when he might die, and he says "never", because he has never died yet, then he's probably pulling your leg, if not simply deceiving himself.

US Treasuries have been increasing in value (their interest rates declining) for the last 34 years, since September 1981. Rates on the long bond have decreased from over 15% to less than 3% in that period. Clearly, this trend cannot continue for another 34 years. I trust you would agree with me that there is zero chance we will see long bond rates continue declining over the next 34 years to minus 9%.

Either the US long bond will rebase itself in some new and essential resource, as when it shifted from gold to oil in the 1970's, or it will collapse. I defy you to offer any other alternative to these two.

By all appearances that I can find, the bastards in power have mostly resigned themselves to the US long bond collapsing this time around, with a resulting reset of the global monetary system. If that happens, then observing that markets will "keep afloat" may well be true, in the long term. However that would be like the residents of Dresden, Hiroshima, and Nagasaki observing in 1943 that great cities almost never go away ... they just keep transforming. Perhaps true, in the long run (with few exceptions, such as Pompeii), but the destruction and rebuilding phases can be decades of hell and hard work.

In short, and in sum, the US Dollar monetary system is failing, sooner rather than later, and this will have catastrophic consequences for many aspects of the world economic, financial and political structures, including for the "markets" you know so well.

[idiit]

Dollar ownership is the closest thing to magic slippers since Dorothy danced the yellow-brick road. Pan-dimensional advantages include complete monopoly control of mainstream media. Control of what goes into people’s minds means control of public perceptions, beliefs, biases…ignorance, and most importantly, public trust—without which the dollar has no value.

Actually, as a debt instrument, the dollar is even worse than worthless.

Pretty much every asset with which the United States of America navigates the planet is owned by owners of the dollar. Earth has been essentially corrupted into DollarWorld.

Bankula’s blood type: $


Who Owns the Dollar?

Not the United States. We rent the dollar from Bankula, the Rothschild Khazarian Mafia (RKM).

People paying attention and thinking for themselves at the same time might say right away:

“Isn’t that unconstitutional?”

Let’s check The Constitution:

Article 1, Section. 8.:

“The Congress shall have Power To lay and collect Taxes, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States….”

In Article I, Section 8, Clause 5:

“To coin Money, regulate the value thereof, and of foreign Coin, and fix the Standard of Weights and measures—“

In Clause 6:

“To provide for the Punishment of counterfeiting the Securities and current Coin of the United States….”

Wait a minute! “…counterfeiting the Securities and current Coin of the United States…”—isn’t that effectively the “The Federal Reserve System’s” job description?

So how in (or from?) hell was this ultimate lifeblood of any nation state abdicated to BANKULA…?

http://www.veteranstoday.com/2015/08/30/was-china-nuked-today-part-2-may-you-live-in-interesting-times/

the frn$ is invalid. all financial systems based on frn$ valuations are invalid.

all debts denominated in frn$ are invalid.

we are going to a real collateral based financial system.

paper lies from psychopathic criminals will be revealed for what they are.

this is happening now.

[mgray]

I work off of the premise that those who have the most skin in the game also make the rules, so simple inertia will keep the markets afloat.
Here's a multiple choice quiz for you, mgray.

When will the US Dollar monetary system fail:

Never.
Someday, not soon.
Soon.

Your statement that "simple inertia will keep the markets afloat" suggests to me that you would answer "Never."

If so, I disagree.

Debt-based monetary systems are founded on the promise of greater return in the future for money lent into existence in the present. That is their essential nature.

They always fail. Always. One cannot keep compounding increased returns forever. Eventually the promised returns so far exceed what could possibly be realized that the promises fail (as in, for example, China, Japan and Saudi Arabia marking their US Treasuries "Return to Sender", which China is already officially (http://www.zerohedge.com/news/2015-08-27/its-official-china-confirms-it-has-begun-liquidating-treasuries-warns-washington) doing, and which I suspect Saudi Arabia is unofficially doing, in order to balance its national budget in a time of low oil prices.)

Debt-based monetary systems always fail.

If you disagree with that, then I would posit that you are deceiving yourself, perhaps out of misguided self-interest.

If you agree with that, then we are reduced to asking when the US Dollar system will fail, which requires looking at the actual circumstances. Of course, in such a case, observing that "it's never failed yet" is of no help. Catastrophic failures of a system happen only once, for a given instantiation of such a system.

If you ask an old man when he might die, and he says "never", because he has never died yet, then he's probably pulling your leg, if not simply deceiving himself.

US Treasuries have been increasing in value (their interest rates declining) for the last 34 years, since September 1981. Rates on the long bond have decreased from over 15% to less than 3% in that period. Clearly, this trend cannot continue for another 34 years. I trust you would agree with me that there is zero chance we will see long bond rates continue declining over the next 34 years to minus 9%.

Either the US long bond will rebase itself in some new and essential resource, as when it shifted from gold to oil in the 1970's, or it will collapse. I defy you to offer any other alternative to these two.

By all appearances that I can find, the bastards in power have mostly resigned themselves to the US long bond collapsing this time around, with a resulting reset of the global monetary system. If that happens, then observing that markets will "keep afloat" may well be true, in the long term. However that would be like the residents of Dresden, Hiroshima, and Nagasaki observing in 1943 that great cities almost never go away ... they just keep transforming. Perhaps true, in the long run (with few exceptions, such as Pompeii), but the destruction and rebuilding phases can be decades of hell and hard work.

In short, and in sum, the US Dollar monetary system is failing, sooner rather than later, and this will have catastrophic consequences for many aspects of the world economic, financial and political structures, including for the "markets" you know so well.

I will never say "never" I will say not anytime soon.

Two points: In the 70's and 80's the Japanese yen was so strong that that the Japanese were coming to America looking to buy Rockefeller Center and other iconic Manhattan properties to show they were the next financial superpower. Fast forward Japan has been in a twenty-five year recession, after Wall Street began using the yen as toilet paper for their currency trades. This is the main reason China has a loose peg to the dollar so Wall St can't debase the yuan in the same way.

Secondly, as I have written about for two years, check my posts, it is far more likely to have a global debt haircut or jubilee than a debasement of the dollar.

The US bond market of the last 8 years has drastically changed from the past. Most of the biggest players are gone, being pushed out by Dodd-Frank and Central Banks.

D-F took Wall St prop desks out of both bonds and equities. When you have players in the bond pits with an unlimited ability to buy, this can go on for some time.

Again, I may be taking the contrarian view here, but it's a buyers and sellers market. The US is still the cleanest dirty shirt in the pile, so global investors buy and sell here.

What is being posited here is that The US is the next Holy Roman Empire and that it will implode bringing us back to the Dark Ages.

Let me ask you this Paul: If not the dollar, than what? No global market has depth and breadth to provide the necessary liquidity needed. SDRs? not likely.

[ThePythonicCow]

Let me ask you this Paul: If not the dollar, than what? No global market has depth and breadth to provide the necessary liquidity needed. SDRs? not likely.
As I wrote here (http://projectavalon.net/forum4/showthread.php?84350-Gerald-Celente-has-put-a-date-on-the-upcoming-stock-market-crash.-When&p=993594&viewfull=1#post993594) a couple of days ago, my best guess is gold backed notes and bills of exchange (these bills being 90 day notes backed by actual product in transit and storage).

Yes, whatever it be, it will have far less liquidity and volume than US Treasuries. Yes, that implies "crunch time". Perhaps I will find Donald Trump or the Bush family moving into a used trailer, on a lot near mine (<grin> ... unlikely.)

Earlier, beginning in November of 2014, on the thread Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins) (http://projectavalon.net/forum4/showthread.php?76591-Global-Currency-Reset--SDR-s-and-the-New-Bretton-Woods-by-JC-Collins-), I had been persuaded by the analysis of JC Collins to consider some sort of "SDR's on steroids" to be the most likely answer to your question.

But more recently, I am finding Jim Willie's analysis and reporting on current developments to be more persuasive. Jim uses the phrase "trade notes" rather than "bills of exchange", but I find Antal E. Fekete's terminology and historical analysis (to the modest extent that I understand it), such as found here (http://www.professorfekete.com/math.asp) or here (http://www.drschoon.com/aefekete.asp), to be more persuasive and extensive, in the history of these matters, and Fekete uses the term "bills of exchange", which I currently find quite suitable.

Jim Willie does have a nice sarcastic response to those who doubt that China's gold and trade cannot take a lead role in providing this (much diminished) "liquidity". He finds it ironic that people figure that cannot happen because China does not owe enough. There is a key point in Jim's humor, that I suspect some listeners miss. US Treasury debt is the foundation asset of the world's current monetary system. That's part of what being the "world's reserve currency" means. The promise of the US federal government to pay principle plus interest, in a form exchangeable for real goods and services of real and expected value, is embodied in that Treasury debt paper.

That promise is breaking down.

US Treasury debt can only remain at the foundation of the world's monetary system so long as it both (1) has the volume, and (2) has the exchange value for real goods and services.

I agree with your observations that US Treasury debt still has the volume, and nothing else comes close.

But the value proposition is breaking down. The value proposition has been predicated on (1) the oil exporting nations requiring US Dollars in exchange for their oil, on (2) these nations then purchasing Treasuries with those Dollars, and on (3) the steady increase in nominal worth of US Treasuries for over 30 years now (as evidenced in the decline in their interest rates.)

Key aspects of that value proposition are coming to an end. Saudi Arabia is likely already exporting oil to China in exchange for Yuan, Iran is likely to come on line as a major exporter of oil in exchange for something other than US Dollars, and the interest rates of US Treasury debt have reached the floor of almost zero percent. Also the worth of Treasuries is being continually degraded by massive fraudulent shenanigans of the major Wall Street banks and the Federal Reserve, as they struggle in the face of major, hidden, losses, and also the volume of Treasuries held by some of the major exporting nations is on the decline, as nations such as China (officially) and Saudi Arabia (apparently) are now selling Treasury debt, not buying it.

Such changes in the dominant "reserve" currency in the world do happen now and then. At times in the past, this dominant currency has been Spanish pieces of eight, the British pound sterling, and gold backed US Dollars. Since the 1970's, it has been Treasury debt backed US Dollars. Zerohedge has a good article on this history at The History Of The World's "Reserve" Currency: From Ancient Greece To Today (http://www.zerohedge.com/article/history-worlds-reserve-currency-ancient-greece-today). No "world reserve currency" lasts forever, and a debt backed currency, due to its inherent necessity to keep delivering more value in the future (the very essence of the value of debt paper), will typically not last as long as a currency based on some inherently limited quantity, such as precious metals and/or trade-able goods in transit.

[mgray]

I am en route to my office, just now so I will get back to this shortly.

[gripreaper]

US Treasury debt can only remain at the foundation of the world's monetary system so long as it both (1) has the volume, and (2) has the exchange value for real goods and services.

Think about this for a minute, debt has become an asset in this system. Debt carries usury, and that usury is predicated upon the good faith and credit of the people, which means: I will continue to work my ass off and contribute to the system, giving most of my energy to support this system and leaving very little for myself. I will continue to extract tangible resources from the earth at an exponential rate in order to support the interest and usury on this Treasury debt, until the day I die.

When people begin to wake up to this scam and stop participating because they have nothing left to lose, and they lose it, that's when the system breaks down. During the French revolution they took the bankster tyrants out into the town square and put their heads in the guillotine.

[Dennis Leahy]

Thanks so much, to all parties, for an excellent discussion.

What really happened in 2008? (where ultimately, the average stock market investor lost 38% and the US public was told that we "taxpayers" would be bailing out banks) Was it all "flim-flam", a ruse, a magic show by the banksters proving that they can basically do anything they want and the herd is forced to follow? Or were there actually elements (housing debt bubble) in "the market" that guaranteed a "major correction?" If the bubbles (dotcom, housing) were/are real and a side effect of overzealous investors/traders buying - knowingly or unknowingly, vastly overpriced or even worthless - paper, with the built-in guarantee of the bubbles eventually bursting, then how can anyone with a modicum of knowledge in banking or trading not see the (estimated to be between 800 trillion and 1.4 quadrillion US dollars) debt bubble from derivatives as also having a built-in guarantee of that bubble bursting?

Its been said that corporate charters meets the requirements for a mental health diagnosis of sociopathy. Traders certainly must be included in this, as profits from trading transactions are the only criterion for engaging in trades - and the only metric of success. (Certainly, there are exceptions like traders working exclusively in "green funds", but I'd guess this is a statistically insignificant percentage of traders.)

Again, how could traders possibly not know the derivatives bubble is going to burst, and (if "size matters" and $800T to $1.4Q dwarf all other previous bubbles) how could traders not know that this will be far beyond a "major correction" and far beyond the 38% average loss experienced in 2008?

One analogy that I see as a possibility is that traders are lulled into a false sense of security by the regularity of the fluctuating market (ups and downs, up and downs, ad nauseum.) I lived a block away from the Pacific Ocean for a few years, and had the luxury of walking on the beach day after day. It was almost always peaceful, with a hypnotic regularity of small wave action (ups and downs, up and downs.) Occasionally, a storm would come in, and the waves pounded...but then went back to their predictable, peaceful pattern. I never once thought about a tsunami. Not once. If there had been a large earthquake offshore, and I simply stood on the shore mesmerized by the normal, regular, cyclic waves, I would have been woefully unprepared when that big wave engulfed the shore.

Is there or is there not a economic tidal wave coming (for which the earthquake already occurred?) It won't do much good to warn the people standing on the beach when all the water gets sucked-out - it will be too late to run away. The beachgoers have to depend on an early warning system. Investors* have to depend on those traders that are not sociopathic and honest, independent financial/market analysts as an early warning system.

*("investors" will be the first people impacted, but everyone on Earth will feel the financial repercussions)

[idiit]

Jim Willie: Hidden $Trillion QE Monthly Volume
Posted on August 31, 2015 by The Doc 1 Comment 607 views
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wall street is selling 1 $trillion/mth, or in other words $40 billion/day in T-bonds they do not own, do not deliver. these are called failures to deliver and this financial fraud is not covered by msm

jw goes in more detail including the new monetary alternatives.

http://www.silverdoctors.com/jim-willie-hidden-trillion-qe-monthly-volume/#more-57445

countries around the world owe many billion$ and the usury/interest. why would they pay an invalid debt?

jw eloquently explains why the usfrn$ is illegitimate/invalid.

if you get paid on your stocks, ira's, bank accounts, etc.... in usfrn$ the payments will be in Donald Duck money ( frn$) and you won't be able to buy anything but a fake mickey mouse toy with a wheelbarrow full of toilet paper with Walt Disney ( dead presidents) faces.

sooner than later, like real soon me thinks.

[ThePythonicCow]

if you get paid on your stocks, ira's, bank accounts, etc.... in usfrn$ the payments will be in Donald Duck money ( frn$) and you won't be able to buy anything but a fake mickey mouse toy with a wheelbarrow full of toilet paper with Walt Disney ( dead presidents) faces.

sooner than later, like real soon me thinks.

I like to joke that the time will come when the blank paper on which the US Treasury prints US currency will be worth more before the printing than after ... because ... you know ... those fancy inks make the paper feel scratchy.

[Carmody]

One other odd thing that can keep such a seeming ponzi scheme afloat is the dark side of the equation.

Open exposure of the secret space program and it's assets provides hard resource to back the US financial system.

In the world of black ops and the secret or dark financial world, the appearance is such that this black ops or secret space program is providing this same backbone.

Since it is about unlimited energy and unlimited resource, any size of economy on paper, is supported.

Fully and in hard assets. Hard assets, that, in valuation.....are beyond the comprehension of any imagined paper, of any ridiculous scale of any kind.

For example, one lousy tiny asteroid... out of a practical billion. Asteroid with platinum core worth £3.5 trillion set to pass Earth (http://www.independent.co.uk/news/science/asteroid-worth-35-trillion-set-to-pass-earth-on-sunday-and-you-can-watch-it-live-10398708.html)

Nevermind the ~~~fact~~~ (deal with it! All you gotta do is turn and face that data) of dimensional craft, reality timeline shifting, spooky action at a distance, transmutation as a very normal thing (for essentially no cost, and the whole process functional, infinite and at the same time--- meaningless), and much much more.

So much of a paradigm shift that the idea of buying an island for a box of beads (http://mentalfloss.com/article/12657/was-manhattan-really-bought-24) is, in all seriousness, a total joke in comparison. So much of a total joke that the comparison has no purchase or grip to make a comparison be valid.

In the face of that..the idea of the US debt economy can only be held as real and with hard assets, if the secret space program as it's backbone remains a bloodily enforced secret.

Ie, the understanding that the box of beads is actually worthless and meaningless has to be kept from the group who has made the purchase in good faith --in their circle of limited logic and understanding.

The problem being that there is no point left, no grip area or grasp point for the individual to find a meaning in the visible and 'allowed to be seen' financial system. Yet it continues to march on.

[ThePythonicCow]

What really happened in 2008? (where ultimately, the average stock market investor lost 38% and the US public was told that we "taxpayers" would be bailing out banks) Was it all "flim-flam", a ruse, a magic show by the banksters proving that they can basically do anything they want and the herd is forced to follow? Or were there actually elements (housing debt bubble) in "the market" that guaranteed a "major correction?" If the bubbles (dotcom, housing) were/are real and a side effect of overzealous investors/traders buying - knowingly or unknowingly, vastly overpriced or even worthless - paper, with the built-in guarantee of the bubbles eventually bursting, then how can anyone with a modicum of knowledge in banking or trading not see the (estimated to be between 800 trillion and 1.4 quadrillion US dollars) debt bubble from derivatives as also having a built-in guarantee of that bubble bursting?
Another major bubble burst in 2008 - the one based on mortgage backed securities, along with various secondary effects on some over endebted corporations, banks and institutions (Lehman, Chrysler, General Motors, AIG, ...) and the US stock market.

This forced yet bigger, flimsier bubbles to be blown, based on student debt backed securities, car loan backed securities, over leveraged fracking projects, and especially fraudulent games involving US Treasuries, various central banks, various major Wall St banks, and the Federal Reserve. The US military/intelligence/narcotics institutions continued to ramp up their various invaluable contributions to this "worthy" effort.

The essential property of a debt-based currency is that the debt must continue to grow, as it is that debt that provides the requisite promises of increasing returns on the money lent into existence. Unlike electro-magnetic effects, which seem to scale from the microscopic to the inter-galactic (as explained by the Electric Universe folks), mankind's monetary systems seem not to scale as well. The more constraints we can place on the rate of growth, the longer a given currency system can last, but sooner or later, by hook or by crook, they all, except for refined gold and silver in hand, self destruct. Debt-based currencies blow up faster than most, as their very essence is the inflationary promise of increasing returns.

[ThePythonicCow]

Open exposure of the secret space program and it's assets provides hard resource to back the US financial system.
So ... could it be that sufficiently advanced civilizations no longer need to mine planets for mineral resources, for they can create whatever minerals (any element on the periodic table) they want, on whatever industrial scale they find useful, in such quantities and for such economies of scale as far exceed what can be done using mining?

My limited conscious brain is still having trouble wrapping itself around that possibility :).

If so, then the thousands, perhaps millions, of years that humanity has spent "digging in the dirt" on planet earth might all just be a stepping stone, along the way to being able to implement sufficiently advanced technology that such digging becomes as arcane as slide rules and horse shoes are now.

... time to extend my brain stretcher out another notch.

... and if so ... are we close enough that this potential will have substantial visible effect on our publicly visible economic, monetary and financial systems, here and now, in the coming few years, on this planet ?

[Carmody]

One other odd thing that can keep such a seeming ponzi scheme afloat is the dark side of the equation.

Open exposure of the secret space program and it's assets provides hard resource to back the US financial system.

In the world of black ops and the secret or dark financial world, the appearance is such that this black ops or secret space program is providing this same backbone.

Since it is about unlimited energy and unlimited resource, any size of economy on paper, is supported.

Fully and in hard assets. Hard assets, that, in valuation.....are beyond the comprehension of any imagined paper, of any ridiculous scale of any kind.

For example, one lousy tiny asteroid... out of a practical billion. Asteroid with platinum core worth £3.5 trillion set to pass Earth (http://www.independent.co.uk/news/science/asteroid-worth-35-trillion-set-to-pass-earth-on-sunday-and-you-can-watch-it-live-10398708.html)

Nevermind the ~~~fact~~~ (deal with it! All you gotta do is turn and face that data) of dimensional craft, reality timeline shifting, spooky action at a distance, transmutation as a very normal thing (for essentially no cost, and the whole process functional, infinite and at the same time--- meaningless), and much much more.

So much of a paradigm shift that the idea of buying an island for a box of beads (http://mentalfloss.com/article/12657/was-manhattan-really-bought-24) is, in all seriousness, a total joke in comparison. So much of a total joke that the comparison has no purchase or grip to make a comparison be valid.

In the face of that..the idea of the US debt economy can only be held as real and with hard assets, if the secret space program as it's backbone remains a bloodily enforced secret.

Ie, the understanding that the box of beads is actually worthless and meaningless has to be kept from the group who has made the purchase in good faith --in their circle of limited logic and understanding.

The problem being that there is no point left, no grip area or grasp point for the individual to find a meaning in the visible and 'allowed to be seen' financial system. Yet it continues to march on.

And, of course, that, as a post brings out the high powered low flying military jet flyover, in minutes. (coincidence? not after the 200th or 500th time, no. The number of personal coincidences like this, for me, is actually higher....but people don't know how to compute that..so..)

Do you folks even begin to get the beginnings of a grasp on this? The depth of what is going on out there?

According to the extreme in depth coverage (multiple books with solid work) of this financial morass and nightmare & secret space program dichotomy, by Joseph Farrell (and others), is that you are a commodity in that reach or run for the heavens, you are leveraged into your grave as a commodity in that system. Fodder for an end run.

And to be not 'with' this data, not 'with' this information (not cognizant of), means that the financial state of the world does not have any logical premise that should prop it up from failure.

Yet it does not fail.

Something supports it, from all sides, and this 'it' straddles the known and unknown, the open and the dark, in all areas. the simple answers that people move to, QE four, or enforcement with nukes in harbor cities, unending wars, and so on, that is the cover story for the masses.

When you are looking at infinite energy and infinite resource (secret technologies and secret space program, etc) that has had 70 years now (in it's modern form, the data has been known for centuries), to shape itself into a form of being, imagine the size and intensity of that world and how it would now be fully in the drivers seat on the subject of human earth world unfolding.

When I see people arguing about the world economy I want to cry in laughter at their blindsided ignorance...but mostly I ignore it ...as it is like watching children argue over marbles in world run by shadow shapes that are so huge in intensity and value..that they are outside of common frameworks of understanding.

[ThePythonicCow]

Open exposure of the secret space program and it's assets provides hard resource to back the US financial system.

I can imagine such would provide hard backing for some financial system ... but I don't know how the visible players (nations, banks, etc) are entangled with, supported by, or controlled by, whatever beings (human and/or other) there are that have this technology, here on this planet. That makes it difficult for me to guess which financial system, under the public control of which institutions, will prevail in the coming years.

I feel like a rat scurrying about a ship at the docks in wartime, looking for some food. It's hard for me to guess which ship will make it to the next port, and which one will be sunk along the way. Such knowledge is waaaay above my pay grade.

[idiit]

wall street is selling 1 $trillion/mth, or in other words $40 billion/day in T-bonds they do not own

to put the above quoted $40 billion/day in context:


World oil production is about 90 million barrels a day, representing a cash flow of about nine billion dollars a day which comes down to three trillion dollars a year.

wall street t-bond forgeries are currently 4.5 times greater than global oil production revenues!

why is wall street forging t-bond sales of this magnitude (keeping the money from the sales of stuff they don't own and can't deliver)?

DERIVATIVE LOSSES.


Many oil producers receive a fixed price for their oil as they covered their production with price insurance in the form of derivatives. With the current oil price, we just guess insurance providers paid out about 35 dollars a barrel to compensate the losses of the producers. Only for the US shale production this amounts roughly to 120 Million dollars a day. Somehow the financial sector has to cover these losses.

http://www.zerohedge.com/news/2015-08-31/forget-china-oil-price-main-driver-market-turmoil



derivative hedges in the energy sector are catastrophic due to the price of oil plummeting by over 50%. the hyper-leveraging makes the situation magnified. the magnification aka hyper-leveraging is catastrophic². someone has to pay $50/bbl for every hedged bbl sold. wall street issued the hedges at $100/bbl. wall street be in a bind, yo!

derivatives enable a person with 1$ in their pocket to wager 100$ (as an example) in the wall street casino. this is one example of "hyper-leveraging". said gambling derelict must be in one of the wall street boy's club to get said preferential treatment.

the federal reserve is not litigating the forgeries. the federal reserve is issuing shadow QE to keep the wall street binge gamblers afloat.

these forgeries or really shadow QE is so immense that the frn$'s demise is necessarily severely hastened me thinks.

if you were the chinese government, south korea or the united arab emirates with trillion$ of these frn$ denominated t-bonds what would you do? :)

[ThePythonicCow]

When I see people arguing about the world economy I want to cry in laughter at their blindsided ignorance...but mostly I ignore it ...as it is like watching children argue over marbles in world run by shadow shapes that are so huge in intensity and value..that they are outside of common frameworks of understanding.
Activity proceeds at many levels at once. I view the "universe" as a partial ordering of self-organizing layers of activity. Even though what happens in one layer may be able to totally dominate some other, lower, layer, that does not invalidate the existence of the self-organized activity in the lower layer. The child's game of marbles still matters, though if I knew as a child that my marbles opponent was a future Bill Gates or Steve Jobs, and I aspired to get rich in the computer business, I might choose to impress more often, but win less often.

[bearcow]

When I see people arguing about the world economy I want to cry in laughter at their blindsided ignorance...but mostly I ignore it ...as it is like watching children argue over marbles in world run by shadow shapes that are so huge in intensity and value..that they are outside of common frameworks of understanding.

It is true that the world financial system has long since divorced itself from any state of rationality regarding the true value of tangible things as it applies to the average persons material needs. I think many intelligent Traders/Investors understand this regardless if they believe in the Illuminati, secret space program or other fringe concepts.

But there is a internal relative logic to the "value" of equities, bonds, derivatives etc that is rooted in the positive or negative sentiment of those who make the rules of the game. This is why i believe fear and greed trumps all relevant financial data. So to say the market should do this or that based upon rational empirical data is somewhat unreliable.

[mgray]

Thanks so much, to all parties, for an excellent discussion.

What really happened in 2008? (where ultimately, the average stock market investor lost 38% and the US public was told that we "taxpayers" would be bailing out banks) Was it all "flim-flam", a ruse, a magic show by the banksters proving that they can basically do anything they want and the herd is forced to follow? Or were there actually elements (housing debt bubble) in "the market" that guaranteed a "major correction?" If the bubbles (dotcom, housing) were/are real and a side effect of overzealous investors/traders buying - knowingly or unknowingly, vastly overpriced or even worthless - paper, with the built-in guarantee of the bubbles eventually bursting, then how can anyone with a modicum of knowledge in banking or trading not see the (estimated to be between 800 trillion and 1.4 quadrillion US dollars) debt bubble from derivatives as also having a built-in guarantee of that bubble bursting?

Its been said that corporate charters meets the requirements for a mental health diagnosis of sociopathy. Traders certainly must be included in this, as profits from trading transactions are the only criterion for engaging in trades - and the only metric of success. (Certainly, there are exceptions like traders working exclusively in "green funds", but I'd guess this is a statistically insignificant percentage of traders.)

Again, how could traders possibly not know the derivatives bubble is going to burst, and (if "size matters" and $800T to $1.4Q dwarf all other previous bubbles) how could traders not know that this will be far beyond a "major correction" and far beyond the 38% average loss experienced in 2008?

One analogy that I see as a possibility is that traders are lulled into a false sense of security by the regularity of the fluctuating market (ups and downs, up and downs, ad nauseum.) I lived a block away from the Pacific Ocean for a few years, and had the luxury of walking on the beach day after day. It was almost always peaceful, with a hypnotic regularity of small wave action (ups and downs, up and downs.) Occasionally, a storm would come in, and the waves pounded...but then went back to their predictable, peaceful pattern. I never once thought about a tsunami. Not once. If there had been a large earthquake offshore, and I simply stood on the shore mesmerized by the normal, regular, cyclic waves, I would have been woefully unprepared when that big wave engulfed the shore.

Is there or is there not a economic tidal wave coming (for which the earthquake already occurred?) It won't do much good to warn the people standing on the beach when all the water gets sucked-out - it will be too late to run away. The beachgoers have to depend on an early warning system. Investors* have to depend on those traders that are not sociopathic and honest, independent financial/market analysts as an early warning system.

*("investors" will be the first people impacted, but everyone on Earth will feel the financial repercussions)

Dennis, most traders are not showing up at MENSA meetings after the closing bell. The trade what works until it doesn't, and then they trade what they hear is working next.

So if the sell side debt guys say that packaging mortgages in CDOs is lucrative, then lets package our debt into CDOs and CDSs and sell them until it doesn't work.

It takes a "special" individual to be able to sleep with billions in possible losses riding in the Asian markets.

The sell-side and buy-side analysts are only slightly smarter in the recommendations they make on stocks and bonds trades.

I can't say and economic tidal wave id coming, but as I said earlier I know when greed and avarice are riding high, you sell your positions and await the correction to jump back in.

I sold my stock and bond holding on Aug. 1 based on the above.

In Business TV talk: I booked my winnings for the year.

However, If I was 30-years-old I would have let it ride, since my time horizon to make up for the sell off is far greater than a 55-year-old.

I fully expect (TV Talk) to put my money back to work (end TV talk) in January when all the new fund money comes into the market.

Just a quick thought on Jim Willie. I heard him very recently go off on a screaming tangent about Obama calling his wife Michael. He then preceded to say that convinced him that she was a transsexual and he was gay.

Really, that's a person you take financial advice from?

[Dennis Leahy]

...
However, If I was 30-years-old I would have let it ride, since my time horizon to make up for the sell off is far greater than a 55-year-old. ...

Pardon my comment, but that sounds like 1950s-vintage advice. If you are smart/savvy enough (at your age) to get out of the way when the bull falls over the cliff, why shouldn't anyone at any age get the hell out of the markets that you see as heading for a "massive correction?" Why take the hit if you don't have to? Why lose 38% (or more) when you don't need to? Why shouldn't a 30-something abandon stocks and bonds right now, and "later", if the global-level financial game normalizes again, then step back in if they want to?

[idiit]

Just a quick thought on Jim Willie. I heard him very recently go off on a screaming tangent about Obama calling his wife Michael. He then preceded to say that convinced him that she was a transsexual and he was gay.

Really, that's a person you take financial advice from?



^have you taken a really good look at michael? :) hell, even our kenya kingette calls him Michael.


The -ette suffix is normally applied to women, not objects designed specifically for women. Thus suffragette, your dudette, usherette and the like. The French language uses -ette to feminise names


cat's outa the bag on this one. we gots a very gay white house. :)

nothing is as it appears to be. why I gots the "pig wearing lipstick" avatar; beware of facades including mine.

the answer is simple:

goodbye paper Ponzi

hello precious metals

hi ho silver! while some is still available for sale.......

[mgray]

...
However, If I was 30-years-old I would have let it ride, since my time horizon to make up for the sell off is far greater than a 55-year-old. ...

Pardon my comment, but that sounds like 1950s-vintage advice. If you are smart/savvy enough (at your age) to get out of the way when the bull falls over the cliff, why shouldn't anyone at any age get the hell out of the markets that you see as heading for a "massive correction?" Why take the hit if you don't have to? Why lose 38% (or more) when you don't need to? Why shouldn't a 30-something abandon stocks and bonds right now, and "later", if the global-level financial game normalizes again, then step back in if they want to?

With my January buying back in I could lose the first 5% move up. Over a 30-year investment timeline that could mean big bucks for the 30 something versus my shorter timeline which is not as costly.

A 30-something is probably not savvy enough to figure to get out, and if they are working with a broker, that call will never be made. lol

[idiit]

china must be ready to make another "announcement".


China Rocked By Another Massive Chemical Explosion, People's Daily Reports
Tyler Durden's pictureSubmitted by Tyler Durden on 08/31/2015

http://www.zerohedge.com/news/2015-08-31/china-rocked-another-massive-chemical-explosion-peoples-daily-reports

our Zionist lizards would be rulers must be pretty durn unhappy 'bout sumptin......

[KiwiElf]

china must be ready to make another "announcement".


China Rocked By Another Massive Chemical Explosion, People's Daily Reports
Tyler Durden's pictureSubmitted by Tyler Durden on 08/31/2015

http://www.zerohedge.com/news/2015-08-31/china-rocked-another-massive-chemical-explosion-peoples-daily-reports

our Zionist lizards would be rulers must be pretty durn unhappy 'bout sumptin......

And becoming blatantly obvious for all to see that these are deliberate attacks, me thinks?

[Dennis Leahy]

china must be ready to make another "announcement".


China Rocked By Another Massive Chemical Explosion, People's Daily Reports
Tyler Durden's pictureSubmitted by Tyler Durden on 08/31/2015

http://www.zerohedge.com/news/2015-08-31/china-rocked-another-massive-chemical-explosion-peoples-daily-reports

our Zionist lizards would be rulers must be pretty durn unhappy 'bout sumptin......
Appears the vid may be a video of the Tienjen explosion.

[Delight]

Thanks so much Paul for your educational info on finance...much appreciated. I'm confused by Martin Armstrong who seems to be the only one not onboard with the collapse. He feels the crash on Monday was a "fake." We are now back and waiting to see if the low holds, but he seems to think it will. Any comments on Armstrong?
You're welcome.

I continue to read (or attempt to read) Armstrong, however he speaks in riddles at time, as best as I can tell :).

Perhaps by calling this last week's crash a fake, he meant that it wasn't the "big one", but just a transient move that will not be immediately followed up with further major declines.
probably saw this?

vXWV4XnsWxM

thought this might interest you?

THE FORECASTER (http://putlocker.is/watch-the-forecaster-online-free-putlocker.html)

[Bingo]

Many thanks Delight! I would have missed this were it not for you.

[ThePythonicCow]

probably saw this?
I too had missed it - it was excellent - the clearest I've heard Armstrong speak. Thanks!

[Delight]

I apologize for breaking in the discussion but I have just come across the documentary about Martin Armstrong.

Martin Armstrong's model is based on business cycles observed in Fractals with Pi relationships...that interests me.The documentary I linked above made me curious about what he suggests would restructure the debt crisis. I found this so sharing it here.

This recap states that capitalism itself is a tool that is largely about confidence which attracts investment. That makes sense to me as we are seeing how easily we are manipulated about our confidence. Authority is creating class warfare and a battle between authoritarian control and capitalism is based in individual greed and avarice not in capital and investment itself. Regular cycles and waves occur on a large scale and are both destructive and renewing...waves and swings as patterns we need to be aware happen. Really interesting

Link to podcast

http://www.christiansurvivalnet.com/?powerpress_pinw=1021-podcast


Martin Armstrong Solutions 2015 Recap (http://www.christiansurvivalnet.com/2015/04/12/csn-0043-martin-armstrong-solutions-2015-recap/)



http://www.christiansurvivalnet.com/wp-content/uploads/1-ecm-2032.jpg

On March 28th Martin Armstrong conducted his Solutions 2015 conference. According to Martin, thousands all over the world purchased live-stream tickets in addition to those who traveled to New Jersey for the live event. In this episode I will provide a recap of the conference as presented by Armstrong best that I can. Martin’s presentation technique is not extremely well structured although he did follow a general outline. At times his thoughts seemed disconnected but that I attribute to his intellect and intimate knowledge of the subject.

http://www.christiansurvivalnet.com/wp-content/uploads/ECM-1970-2084.jpg

Martin began by explaining that his conclusions were a result of speaking to various governments across the globe. He determined that we must realize what can and cannot be accomplished, that a solution cannot be idealistic but practical. The crisis at hand that needs such a solution is sovereign debt. This is the crisis that the US and most developed countries are facing this very moment or will be in the very near future. Martin has been preaching that his Economic Confidence Model will take a dive later this year. To complicate things his war cycle model is aligning with the confidence model which doesn’t bode well as wars are often the result when nations face a debt crisis.

If there is not some type of debt restructuring then we will default either by deflation or inflation. Either way, Social Security and public pensions would dry-up.

There are five changes that need to occur to solve the debt crisis and they are all interrelated:

Eliminate Federal Income Tax (money has change therefore theories need to change)
Debt to equity swap implemented in tranches
Prohibit Federal borrowing
Eliminate forced retirement taxes that lack investment (social security)
Eliminate political contributions

MORE in article Martin Armstrong Solutions 2015 Recap (http://www.christiansurvivalnet.com/2015/04/12/csn-0043-martin-armstrong-solutions-2015-recap/)


EDIT

I am not sure what will happen and if the collapse of the empire is at hand but I do know we have to become less dependent on systems that are failing. If confidence is a psychological aspect that we individually manifest, we have to be ready to embrace confidence FOR building new ways to meet needs. In a sense by knowing that we can participate with CONFIDENCE to change what is "typical", we can empower ourselves.

How importnat is the cyclical nature of the patterns? I found an interesting article here


The Secret Cycle
Is the financier Martin Armstrong a con man, a crank, or a genius? ("http://www.newyorker.com/magazine/2009/10/12/the-secret-cycle")

BY NICK PAUMGARTEN
.................................
“Pi is not the actual source of cyclical activity. It is merely a proof that TIME is subject to geometry.” Did he think there was Something Out There?

He sighed. “At its core, a cycle is the mechanism by which energy is transmitted,” he explained. “Think of standing in the water at the beach, as a wave washes in. You can feel the wave, but the water isn’t moving. The energy passes through the water. Society is the same way.” Sometimes there’s a rogue wave—a big event, a major turn, a depression. It was his belief that the rogues were not random but, rather, entirely, if theoretically, preordained, like the concentric reverberations of a stone, or millions of stones, hitting the surface of a pond.

Fair enough. But what creates the energy? What dictates the geometry? “There are going to be people who believe and those who don’t,” Armstrong said. “If it wasn’t that way, you wouldn’t have a cycle.”

He said that he was working on a paper about Switzerland: the Habsburgs, William Tell, Hitler, secrecy, gold. The upshot was that capital, like water, goes where it encounters the least resistance. “Given a certain set of circumstances, people do the same thing over and over again,” he said. “There aren’t many options.” Soon a guard indicated that our time was up—Armstrong was due back in the dorm for the four-o’clock count.

The next day, Armstrong called from Fort Dix to clarify his basic philosophy: it was the big bang that created the energy waves, setting in motion the cycles that govern the universe. As for pi, he had a theory, which he’d never shared with anyone, that its ubiquity had something to do with dark matter. ♦

What will we DO? Will we be desperate and demand the governement take care of the problems leading to the cashless society control that is expected?

Perhaps we MUST manage our fear that we cannot be self sufficient enough?


Deflation – When Will It End? (http://www.armstrongeconomics.com/archives/28832)So the deflation comes to an end when people run for the hills and begin buying anything tangible. In the old Soviet Union, people did not expect social benefits from their government, and were better prepared to be self-reliant. The same is true in China. In the United States, Europe, and Japan, the people are not self-sufficient as a whole. They will suffer from the withdrawal symptoms of socialism, which arguably has been far more damaging than communism, where people expected nothing. Socialism replaced the family structure entirely; children do not save to support their parents in their old age, as they have been lead to believe that it is the government’s job. Parents are having to support their children into their 30s, as they cannot find jobs in their field of study, or any job at all as is the case in Canada and Europe.

Keep in mind that deflation has nothing to do with the supply of money. That is the problem with most analyses. When you correlate everything, you see that government increases the supply of money in response to the collapse in CONFIDENCE, not the other way around. With that collapse, we in the West will have to learn not to rely upon government and reemerge as self-sufficient to save the day, at least on a personal level.

The abolishment of cash is extremely dangerous. For years, I have warned that we will NEVER return to a gold standard and are heading straight into electronic money. That is where government becomes the Economic Dictator as they try to retain power over their imploding system hallmarked with corruption. They will seek to shut down the underground economy, and that includes the drug trade. They are deliberately trying to prevent anyone from buying or selling without government’s approval, and this is one of the very arguments to eliminate cash along with 100% tax collection. Yet this is how the West is committing suicide by extinguishing the global economy.

[idiit]

^ nice post, Delight.

I see the imminent collapse of the Zionist predatory usury financial system as essential.

we must go down a path with good stuff at the destination. we will be going down this path. all is good at the end; "the event".

preparing for a transition period will make the next few months/years less painful.

everyone here pretty much knows the prepper stuff.

[gripreaper]

https://scontent.fsnc1-1.fna.fbcdn.net/hphotos-xtp1/v/t1.0-9/11947621_10153164652070197_1931411089754620292_n.jpg?oh=6760469eb080b7c86463ddc5c7bc7ca1&oe=56634158

[ThePythonicCow]

A youtube video of Jim Rickards predicting the same major economic, financial and monetary collapse as the rest of us are predicting:
U_-BczwUVps
Rickards is a reliable spokesman for the CIA, in my estimation. For example, he takes as a given that Russia "invaded" the Crimea. So ... one might ask ... why is the CIA (discretely, via a private individual) warning of the same crash that some serious opponents of the CIA are also warning of?

I would answer that by suggesting that the crash is baked in. All sides capable of high budget propaganda are trying to spin this anticipated event in their own favor. In Rickards case, he's anticipating that the IMF will be the one to rescue the Federal Reserve using SDR's. Other analysts, such as Jim Willie of GoldenJackass.com are anticipating that the BRICS nations will provide the next monetary foundations, with gold and trade notes.

I suspect that the CIA and the IMF both represent manifestations of what Joseph P. Farrell might call the Fourth Reich or Nazi's, which were (in the view of myself and others) behind the Neo-Nazi's who over threw the government of the Ukraine and who are to blame for the devastation of that country, not Russia.

We have the CIA, IMF, Nazi's, Angela Merkel, ... on one side, and Russia, China, and the other BRICS nations and those aligned with them, as well as German industrialists, on the other side.

Both sides are striving to appear as the honest broker, the prescient forecaster of the crash and helpful advisor on how to survive that crash ... while getting us to anticipate as inevitable and desirable the outcome favorable to their side and blaming the other side for the crash.

Both are saying in effect: "The crash is coming, soon! Here's how to survive it. The other guys caused it. We have the fix."

[Redstar Kachina]

..........

[Calz]

I was really hoping someone else would have posted this by now ... oh well.

1st of a two part vid is worth your consideration and taking the time ... gives a verifiable military planning perspective on what "they" have been planning for ... for a long time. Not classified but very ... interesting.

Doesn't go all the way to the bottom of the rabbit hole ... but well researched and seems (to me) to be a very sincere effort to inform the world about ... "the plans" at least in terms of the compartmentalized world we all live in.

This not just about the economy (although that is included) doesn't really incorporate much about Jade Helm until part 2 (which I differ about) but rather the "big picture", WW3 and social planning sort of things.



http://www.youtube.com/watch?v=a7rOMTluYS0

[idiit]

saw the post but hadn't spent the two hours to listen until I saw someone vouch it was worth the time. guess I will now..

thanks, calz for being the first to report back on this one.

connecting the dots perspectives are essential to understanding the importance of any/all of the pieces.

I think the planned collapse of civilization ( problem) , the instituting of global martial law after mass global riots ( reaction) and the final stage of NWO global control (solution) is a good occam's razor fit. planned financial collapse being integral to the entire "meme".

from my research divine intervention in the form of higher dimensional entities ( ed's) sabotaged the elites plan. I certainly hope so...

look for a + timeline with some bumps in the road short term.

^ my take.

[Calz]

saw the post but hadn't spent the two hours to listen until I saw someone vouch it was worth the time. guess I will now..



Part 1 (posted) is well worth the time ...not so much part 2.

[Ron Mauer Sr]

A youtube video of Jim Rickards predicting the same major economic, financial and monetary collapse as the rest of us are predicting:
U_-BczwUVps
Rickards is a reliable spokesman for the CIA, in my estimation. For example, he takes as a given that Russia "invaded" the Crimea. So ... one might ask ... why is the CIA (discretely, via a private individual) warning of the same crash that some serious opponents of the CIA are also warning of?

I would answer that by suggesting that the crash is baked in. All sides capable of high budget propaganda are trying to spin this anticipated event in their own favor. In Rickards case, he's anticipating that the IMF will be the one to rescue the Federal Reserve using SDR's. Other analysts, such as Jim Willie of GoldenJackass.com are anticipating that the BRICS nations will provide the next monetary foundations, with gold and trade notes.

I suspect that the CIA and the IMF both represent manifestations of what Joseph P. Farrell might call the Fourth Reich or Nazi's, which were (in the view of myself and others) behind the Neo-Nazi's who over threw the government of the Ukraine and who are to blame for the devastation of that country, not Russia.

We have the CIA, IMF, Nazi's, Angela Merkel, ... on one side, and Russia, China, and the other BRICS nations and those aligned with them, as well as German industrialists, on the other side.

Both sides are striving to appear as the honest broker, the prescient forecaster of the crash and helpful advisor on how to survive that crash ... while getting us to anticipate as inevitable and desirable the outcome favorable to their side and blaming the other side for the crash.

Both are saying in effect: "The crash is coming, soon! Here's how to survive it. The other guys caused it. We have the fix."

Great interview and it feels correct. Thanks Paul.

The hard assets addressed by Jim, for the most part, are targeted for those with above average resources.

The hard assets I recommend for the rest of us:



Shelter without a mortgage
Long term storage foods (and a variety of spices to avoid getting food fatigue)
Wood stove and fuel for emergency heating (no electricity required)
Wood fired camp stove for outdoor cooking
Water (A plan to retrieve, store and filter water is an absolute necessity. A plan that works without electricity.)
First aid (and training)
Soap
Garden plot, soil amendments and seeds (Even if you do not grow anything now, prepare the garden (raised beds, containers, etc.). A garden that can be maintained using only simple hand tools.)
Silver coins
Cash at home (not in the bank) if you have any.
Don't forget pet food.


Link to help with your research (http://ronmauer.net/blog/)

[Hazelfern]

I was really hoping someone else would have posted this by now ... oh well.

1st of a two part vid is worth your consideration and taking the time ... gives a verifiable military planning perspective on what "they" have been planning for ... for a long time. Not classified but very ... interesting.

Doesn't go all the way to the bottom of the rabbit hole ... but well researched and seems (to me) to be a very sincere effort to inform the world about ... "the plans" at least in terms of the compartmentalized world we all live in.

This not just about the economy (although that is included) doesn't really incorporate much about Jade Helm until part 2 (which I differ about) but rather the "big picture", WW3 and social planning sort of things.



http://www.youtube.com/watch?v=a7rOMTluYS0


Hey Calz, thanks for the posting the video. I did not watch but I listened on the drive to work. This presentation brought to mind the video recently shared (the alt. energy insider)
"Something awful is coming and the rich people are preparing" Remember that one? Both of these men sounded totally sincere.

[ThePythonicCow]

Neither side backing down = war.
Dmitry Orlov, over at Club Orlov (http://cluborlov.com/), has a different take on this in his latest blog: The Howling Wilderness of the Mind (http://cluborlov.com/#7779702237989222913).

He sees the U.S. as not one nation with a sufficiently uniting history to withstand the further tests of time, but as still in large part a frontier, ruled by a frontier government that will be tolerated and supported for a while longer by the Chinese and Russians, for its resources and its markets, but which more likely splits into a few pieces ... regions such as Texas, Alaska, California, New England, the Deep South, the Mid-West, and the Cascades (Appalachians) are destined to be distinct, in the longer run. The defining moments in U.S. history don't unite us all. The American Revolution of 1776 was just on the Atlantic (east) coast. The Civil War of the 1860's more divided than united the northeastern states from the southeastern states. Neither involved the midwest, Rockies, Texas, west coast (California, Oregon, Washington) or Alaska much, if at all.

[idiit]

In a stunningly honest admission from a member of the elite, Zhou Xiaochuan, governor of China’s central bank, exclaimed multiple times this week to his G-20 colleagues that a bubble in his country had "burst."

http://www.zerohedge.com/news/2015-09-05/chinas-central-bank-chief-admits-bubble-has-burst

they are not allowed to say stuff like this. they are told to say stuff like this.

china's markets were closed for national holiday thurs. and fri.

the shadow derivatives markets are many times larger than global gdp. they are magnifiers called leveraged. they place 100/1 or more in bets where they only have $1 to support $100 in wagers. this is why the markets are managed; to control movement up or down. there are always two sides to every contract and in major market moves magnified some of the dominos want to cascade.

china has telegraphed as much as they are going to; yuan devaluations, treasuries sold by the billions last two weeks. now this final exclamation:

now the head of china's central bank is repeatedly exclaiming that the bubble done been bursted.



Zhou Xiaochuan, governor of China’s central bank, couldn’t stop repeating to a G-20 gathering that a bubble in his country had “burst.”

It came up about three times in his explanation Friday of what is going on with China’s stock market, according to a Japanese finance ministry official.
.

^ from same linked article.

me thinks major bloodbath Monday.

not fear mongering imo. the Ponzi paper is toast and it must burn down before we can rebuild the global markets based on real collateral instead of debt that cannot ever be paid back.

the cabal will lose their unlimited checkbook of purchasing power. the secret black programs will go unfunded.

i'm seeing Monday's collapse as too big for emergency Ponzi QE to prevent. derivative collapse will be like a tsunami.

[mountain_jim]

There will not be a major bloodbath, at least in the US, this Monday, as the financial markets are closed for Labor Day.

[idiit]

http://images2.fanpop.com/images/photos/4300000/Radner-as-Rosanne-Rosannadanna-gilda-radner-4306143-320-240.jpg

ooops! :) NEVERMIND

can u tell i'm disengaged from the system?

maybe Tuesday? :)

[idiit]

the turd ( yes, the 'bugs" like self-denigrating handles ) has just released the latest holiday golden jackass podcast for those waiting for another epic interview:

http://www.tfmetalsreport.com/podcast/7118/a2a-golden-jackass

[idiit]

not exactly a bloody start to the week. good news is that I ran my intuition and now it's time me thinks to post a posteriori. :)

[bearcow]

It is clear that the market makers are trying to get cash flow to come back in the markets. Goldman Sachs came out with a statement that they feel the market will rise 9% by the end of the year.

In addition, Warren Buffett and Leon Cooperman are saying that the bull market is not over.

[Ron Mauer Sr]

"One other area to look at before we get back to the Fed is the COMEX gold circus. Registered gold available for delivery by dealers has dropped significantly because of last month’s deliveries http://www.zerohedge.com/news/2015-09-09/something-just-snapped-comex . The total is now about seven tons left (JP Morgan has less than 1 ton) which leaves total contracts divided by deliverable gold at the crazy multiple of 207 potential claims for every deliverable ounce:" Bill Holter posted 9/9/15 on http://www.jsmineset.com/


(http://www.jsmineset.com/)