Tag: understands

Get your Money Out Of The Bank Now Before Its To Late Global Economic Collapse Is Eminate First Domino Has Fallen EU’s Cyprus!

Hence·forth  the chaos and confusion in the world of banking!  The End game has started Cyprus, and Europe, it comes as no surprise that the previously scheduled Monday bank holiday (aka Green Monday) has been extended into Tuesday.  So all we see in the News is how the Dow keeps going up and the American Economy is picking up steam.  When the truth is that its all just a bunch of hot air.  Anyone who understands the world banking history, knows that history is about to repeats itself it could be with in a few months to a few years a way till the big crash.

Cyprus Bank Holiday extended until Wednesday …to stop runs on the Cyprus Banks   Sound a lot like the great depression with runs on banks  Get ready for new runs on banks… … That’s what happened to hundreds of banks in the Great Depression.  Much of the Great Depression‘s economic damage was caused directly by bank runs.   I know one thing if I had any money in the bank I would have gotten it out in 2007 before the crash we saw the signs my family and friends on facebook can tell you that!  Oh wait I have not had money in the bank for years.  Its just one big vicious cycle that the Banksters keep playing generation after generation its a world wide  scam and if Jesus Christ was around today he would pick up the whip and go after this den of thief’s the same way kicking them out of his temple our world.

When even JPM says to panic, it may be time to panic. And then we ask why is all of this happening right now, why is even JPMorgan advocating a risk-off posture, and then we recall that every single year in late March, early April Europe comes back front and center with a bang, just as we forecast in “It’s Deja Vu, All Over Again: This Time Is… Completely The Same” and then everything becomes very clear.

Published on Mar 18, 2013

On the Monday, March 18 edition of the Alex Jones Show, Alex breaks down the collusion between the EU and IMF in confiscating individuals’ private wealth to ultimately seize control of economies, paving the way for years of dependency on financial dictatorship. On today’s show, Alex invites economic trend forecaster and publisher of the Trends Journal Gerald Celente to discuss the looting of Cypriot bank accounts, and what the future holds for Italy, which may be the next nation to be similarly plundered. We’ll also cover other major headlines and take your calls.


From Kathimerini:

The Cypriot cabinet has declared Tuesday a bank holiday, for fear of capital flight, and this may even be stretched to Wednesday, as depositors are certain to withdraw huge sums from the Cypriot banks after the haircut imposed.

Nicosia postponed from Sunday to Monday the tabling in Parliament of the bill including the measures for the Cypriot bailout – including a bank account haircut and a tax hike on interest and corporate earnings – but the European Central Bank insists on a rapid voting because there are already signs a domino effect will follow across European lenders and markets from Monday.

There is genuine fear of market unrest on Monday morning when stocks may crumble in the eurozone and bank accounts in other southern European bank may suffer.

Skai radio reported on Sunday that the Bank of Greece has sent between 4 and 5 billion euros to Cyprus in order to help Cypriot banks respond to cash requirements by their clients.

So, if the official name of the March 18 holiday was “Green Monday“, will the March 19th ad hoc holiday be called “Red Tuesday“? Inquiring minds want to know.

The price of gold remained approximately in Timeline of U.S. Gold 2007, The yearly average price of gold was $695, with a high of $833 per ounce. and in 2007 the Dow opened the year at 12,459.54 Understand why it crashed by following the timeline of events in 2008 and now today the news is say how strong the Stock Market is doing then why if the Market is on such a bull run at Dow Jones Industrial Average 2 Minute Dow Jones Indices: .DJI – Mar 18 4:35pm ET  Closed at 14452.06 today and the price of Gold is at 1594.00 This is my point if the stock market was on such a bull run why is Gold at still near record highs becase the smart people know that the Federal Reserve System is pumping up the markets by buying American Bonds and T bills Treasury Bills.  Money market investments backed by the U.S. government. Learn more about treasury bills at HowStuffWorks.

Gold Bullion 1,594.00 1,618.00 Upward change 14.10

Even Former US Treasury Official – US Financial System set to Collapse Dr. Paul Craig Roberts – Economist, Co-Founder of Reaganomics & Acclaimed Author Former US Treasury Official  Dr. Paul Craig Roberts  – US Financial System To Collapse

This conspiracy by a group of international elites controls and manipulates governments, industry, and media organizations worldwide. The primary tool they use to dominate nations is the system of central banking. They have a grip on the world economy, deliberately causing inflation and depressions at will. Operatives working for the New World Order placed in high positions in government and industry. The people behind the New World Order are international bankers, in particular the owners of the private banks in the Federal Reserve System and other central banks, and members of the Council on Foreign Relations, Trilateral Commission and Bilderberg Group.[1] The New World Order  controls Multinational and global organizations such as the European Union, United Nations, World Bank, International Monetary Fund and the proposed North American Union. The term gained popularity following its use in the early 1990s by President George H. W. Bush when he referred to his “dream of a New World Order” in his speech to the United States Congress on September 11, 1990.

this section copied from

infowars.com

Four Truths About the U.S. Economy All Investors Should Know

March 18, 2013 in Economics

by

By for Profit Confidential

Four Truths About the U.S. Economy

Truth #1: At the beginning of 2008, there were 28.22 million people in the U.S. economy on food stamps. Fast-forward to 2012, and the number has increased to 46.60 million—an increase of more than 65%. (Source: United States Department of Agriculture, March 8, 2013.) The number of Americans now on food stamps represents almost 15% of the entire population in the U.S. economy right now.

Truth #2: The poverty rate in the U.S. economy also increased in the aftermath of the worst economic condition since the Great Depression. In 2007, the official U.S. poverty rate was 12.5%. By 2011, this rate increased to 15%. We have experienced a 20% flight in the number of Americans living in poverty. (Source: “Poverty and the Great Recession,” The Russell Sage Foundation and The Stanford Center on Poverty and Inequality, Stanford University website, October 2012, last accessed March 18, 2013.) As it stands today, about one in every seven Americans is technically poor.

Truth #3: Similarly, job prospects for Americans have declined since the beginning of the financial crisis. In January of 2008, there were 4.2 million job openings in the U.S. economy. As the U.S. Department of Labor reports, in January 2013, there were 3.6 million job openings. (Source: Federal Reserve Bank of St. Louis web site, last accessed March 15, 2013.) There are 12 million unemployed individuals in the U.S. economy, with a significant number being jobless for more than six months.

As the U.S. economy faces severe headwinds because of the financial crisis, cities across the U.S. are suffering as well. According to the 2012 census, one in every three counties in the U.S. economy is “dying off” due to weakening economic conditions and an aging population. (Source: Huffington Post, March 15, 2013.)

Truth #4: We have a long way to go before we see any real improvement in the U.S. economy. The only thing that has improved since the financial crisis is the stock market, courtesy of cheap interest rates and extensive paper money printing. Don’t get lured into believing that a rising stock market means economic growth. The stock market and the U.S. economy are moving in opposite directions. Many public companies listed on the key stock indices are already warning investors about troubles ahead, profitability issues.

Sure, the old adage is, “Don’t fight the Fed.” But the stock market utopia can only go on for so long before “regression to the mean” becomes a reality again.

Michael’s Personal Notes:

Looking at the long-term chart of gold bullion and the U.S. dollar, there is an interesting technical chart pattern developing that may help us predict the next move in the greenback and the yellow metal.

In the chart below, the red line represents the U.S. dollar index and the golden line represents gold bullion prices.

$USD US Dollar Index cash settle stock chart

Chart courtesy of http://www.StockCharts.com

Both the U.S. dollar and gold bullion are going through the formation of the technical chart pattern called the “symmetrical triangle.” This pattern occurs during a trend and is often the result of a consolidation in prices. The majority of instances when the symmetrical triangle pattern emerges eventually result in a continuation of the prior trend.

If you observe closely, the trading ranges in the dollar and gold bullion have been getting smaller since the beginning of 2011. While keeping with their respective trends, they appear to be consolidating. The U.S. dollar has declined, compared to other major currencies. Meanwhile, gold bullion prices have been trending higher—from below $300.00 an ounce to close to $1,600 an ounce.

As I have been harping on about in these pages, the demand for gold bullion is robust, to say the very least. Central banks are rushing toward gold, seeking safety—they have turned into net buyers of the yellow shiny metal. In the last quarter of 2012, they bought the most gold in almost 50 years.

In contrast, by buying gold bullion, central banks may be losing trust in the U.S. dollar. According to a report by the World Gold Council (WGC), in 2000, central banks held 62% of their assets (or reserves) in U.S. dollars. By 2012, that percentage of U.S. dollar holdings decreased to 54% of the reserves. (Source: Market Watch, March 13, 2013.)

It isn’t a hidden fact anymore: the Federal Reserve has been increasing the money supply, as its balance sheet has grown to more than $3.0 trillion and its paper money printing program continues at a rate of $85.0 billion a month. The more paper money the Fed prints, the more vulnerable the greenback becomes.

Time will be the better judge of where the greenback and gold bullion end up, but from the looks of the chart above, the U.S. dollar appears bearish and gold bullion’s future seems bright.

(Want to know what gold stocks are the best buy right now? In our just-released special report, Lombardi’s Second Quarter 2013 Gold Forecast Report, you’ll find our analysis of the U.S. money supply and its implications for gold; current gold supply and demand; central bank activity in the gold market; our specific price projections for gold bullion; our top-five senior gold stock picks; and our top-five junior gold stock picks, all complete with charts. Click here for ordering info.)

What He Said:

“Prepare for the worst economic period ahead that we have seen in years, my dear reader, as that is what I see coming. I’ve written over the past three years how, in the late 1920s, real estate prices fell first before the stock market and how I felt the same would happen this time. Home prices in the U.S. peaked in 2005 and started falling in 2006. The stock market is following suit here in 2008. Is a depression coming? No. How about a severe deflationary recession? Yes!” Michael Lombardi in Profit Confidential, January 21, 2008. Michael started talking about and predicting the economic catastrophe we began experiencing in 2008, long before anyone else.

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Ron Paul Scares the GOP and 4 Reasons He Might Still Get the 2012 Republican Nomination

Why the GOP Is Scared of Ron Paul and 4 Reasons He Might Still Get the 2012 Republican Nomination

Posted: 08/21/2012 3:55 pm
Wait, isn’t Dr. Ron Paul out of the presidential race? Isn’t it all tied up nicely in a bow with the Romney/Ryan ticket?

No.

Why would the GOP be scared of Ron Paul but end up nominating him?

I’ll explain.

Romney and the GOP have demonstrated both poor judgment and poor sportsmanship that might cost them by damaging Romney’s electability among the Ron Paul supporters thus leading to a splitting of votes, which in turn, could cost the GOP the entire election.

Dr. Ron Paul is still in the race for president and is a strong contender for the 2012 GOP nomination.

To be on the GOP ballot Aug. 27, 2012 in Tampa and get a 15-minute speaking slot, a candidate must have won the plurality (majority) of delegates in at least 5 states.

Well, Ron Paul did win the plurality of delegates in 5 states, enough to be eligible for the nomination and a 15-minute speaking slot at the GOP convention. The states he won are Louisiana, Iowa, Minnesota, Maine and Nevada. Then Ron Paul went on to win the plurality in Massachusetts, Romney’s home state and half the delegates in Oregon. Dr. Ron Paul also has around 500 delegateswho support him. The exact number of delegates that Romney and Paul have is still a mystery but should be clarified at the convention.

So… Ron Paul won his 5-plus states, he’s on the ballot and writing his speech, right? Not exactly.

What happened next is what may cost the Republicans and Romney the entire election. Instead of accepting that Ron Paul, the GOP underdog, had won enough delegates in enough states to be allowed his rightful place on the ballot and his 15-minute speaking slot, the GOP and Romney’s people decided to try and take these legitimate wins away from Ron Paul and his supporters. Ron Paul supporters fought hard, played fair and won. Romney supporters didn’t play fair and still lost those 5-plus states. These Ron Paul pluralities were won in spite of shenanigans and tricks tried by Romney supporters and the GOP to prevent or undermine Ron Paul wins. The Ron Paul supporters were well prepared and won the needed amount of states anyway.

So, how did Romney and his supporters handle their losses of five measly states to Ron Paul? Honorably? Graciously? With dignity? Maturely?

No. Quite the opposite.

Romney’s people ran to Big Daddy GOP to rescue them from their defeats by trying to disqualify the valid Ron Paul delegates and to take away Ron Paul’s right to speak and be on the ballot by reducing his states won to fewer than the five needed.

So far, Romney and the GOP have contested the Ron Paul wins in Louisiana, Maine, Massachusettsand Oregon. They threw out the Massachusetts Ron Paul delegates after the GOP tried to force the delegates to sign a long legal document that required them to vote for Romney. This was not something that had ever been done before. The GOP allowed Romney, big lawyers and big bullying to invalidate Ron Paul’s solid win in Massachusetts.

As in the other states, the Ron Paul delegates in Maine played by the rules and won. Even Governor LePage of Maine, a Republican, is appalled with GOP efforts to throw out the duly-elected Ron Paul delegates.

The entire plot to reduce Ron Paul wins to under five states to take his name off the ballot and take away his 15-minute speaking slot is well under way. If Romney/Ryan are so great, why can’t they handle a little competition without whining and crying like sore losers?

Are they afraid of losing the 2012 nomination to Ron Paul if he speaks and is on the ballot?

Why not play fair and let the best man win?

Who cheats? The lazy, bratty, insecure and less-qualified people who can’t win honestly and fairly. Is that really presidential material?

I wonder if Romney and the GOP are worried that if Ron Paul speaks and gets the nomination, that Ron Paul will fire all of them. Is the GOP that terrified of change, even if it is for the betterment of the country?

Here is why I think that Ron Paul might still walk away with the nomination.

4. Lots of regular “little people”, like me, want Ron Paul to be the 2012 GOP presidential candidate. We, the little people, do not like being trod upon and when we join together, we are stronger than big money. Remember, “We the People”? Ron Paul’s donors areregular working people, many military men and women, not banks.

3. Ron Paul is the David to Romney’s Goliath Machine but the spirit, character and faith of we “little people” count more in America than just money. Romney has raised$152 million to Paul’s $39 million. Ron Paul has more passionate support from his supporters due to Ron Paul’s character and dedication to serving America and Americans based on our founding principles embodied in our Constitution. Money, media manipulation and bullying can’t buy this type of support. But, Romney and his lawyers couldn’t let Ron Paul keep 5-plus wins?

2. Ron Paul wants to serve his country, and has served in the military, and would end the wars. Ron Paul’s supporters and Americans want someone they can trust and believe in. Dr. Paul is that man.

1. Mitt Romney is much less qualified to be president than Ron Paul, who understands the Constitution and Bill of Rights. Watch this link where Romney is asked a basic Constitutional question and replies, “I’ll have to ask my lawyers”. Ron Paul tells Mitt Romney, “Read the Constitution.” Ron Paul is the only Republican Presidential candidate who is qualified, experienced and credible.

We, little people, similar to Ron Paul and his supporters, work hard, play fair and expect the same from others.

If Romney and his supporters had been gracious losers about Ron Paul’s 5-plus state wins and Ron Paul’s 15-minute speech, Romney had a chance to garner both the GOP 2012 nomination plus the support and votes of Ron Paul and his supporters. (I say “a chance” because many Ron Paul supporters do not see Romney as a fiscal conservative.)

Not anymore. It is hard to vote for someone who has acted so dishonorably, even for the sake of party loyalty.

The misguided Machiavellian advice Romney got and took to “win at all costs,” may cost him dearly in November due to the bad will generated with Ron Paul supporters. Too many people have lost too much respect for Romney to vote for him. To the contrary, even though Ron Paul’s campaign was repeatedly slighted and undermined by Romney and his supporters, Ron Paul stayed gracious and denounced mistreatment of Romney. He has told his delegates to “Make yourself heard but be respectful.”

By playing dirty and being greedy, Romney supporters may have lost Romney both the nomination and the election.

Romney and the national GOP are showing their ugly colors by attempting to take away Ron Paul state delegate wins that were earned fair and square.

In speaking with some Ron Paul supporters, here is their current plan. If Ron Paul doesn’t win the 2012 GOP nomination, many Ron Paul supporters will elect to vote for Gary Johnson, the Libertarian presidential candidate. Why wouldn’t Ron Paul supporters write in Ron Paul on ballots around the country? For those write-in votes to count, a write-in candidate must be listed in every state and some Ron Paul supporters do not know if their Ron Paul votes would count.

And, due to the shabby treatment Ron Paul and his supporters have received from the GOP and Romney’s people, many Ron Paul supporters may refuse to vote for Romney in 2012, even if it means Obama being re-elected for four more years. One supporter told me, “I want the GOP to see how many votes they lost by playing dirty. They will only be able to count all the lost votes if I vote for Gary Johnson.”

If you want to learn more about Gary Johnson click here. He stands for small government, government staying out of your business, liberty and fiscal responsibility. He is like Ron Paul without the Roe v Wade concern. Gary Johnson has had virtually no media coverage so you may not have heard of him.

As I heard in grammar school and it remains true: “Cheat, Cheat Never Beat”.

Ron Paul is the only qualified person for the 2012 Republican Nomination who can unify conservative Republicans, Independents, Libertarians and stabilize the economy. If the GOP is smart and humble enough to do a mea culpa and nominate Ron Paul, Republicans stand a better chance of winning in November. If Ron Paul doesn’t get the nomination, many Ron Paul supporters will likely be voting for Gary Johnson. All Romney and the GOP had to do was play fair and win honorably, but I guess that was too much to ask.

But here is the GOP’s conflict: If the GOP nominates Ron Paul and he wins, many of the GOP cronies will be shown the door. There will be a big house cleaning of corrupt politicians, like turning on the lights and the cockroaches scatter. On the other hand, if they don’t nominate Ron Paul, they risk losing all the Ron Paul supporters, which would likely split the vote and lose the 2012 election entirely.

It is hard to make those type of decisions when choosing what is best for the country doesn’t figure in at all, but choosing what is best for their own selfish principles of self-preservation, greed and thirst for power rule the day.

Romney and the GOP need to leave Ron Paul’s five-plus states alone, place him on the ballot and allow Ron Paul to speak.

Follow Laura Trice on Twitter: www.twitter.com/LaurasWJF

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