Everybody is doomed, all of you are broke. the only response to a collapse of the u.s. financial system, is to move out of the u.s. once more, you're all broke, you're all dumb.
Good video. The bottom line is the world as we know it is dead and gone and won't come back. Out of the destruction a new future will come where market forces rules are thrown out of the window as we move into a New World Order where we are policed and monitored by our governments who work for the ruling elite. The shape and form of this new world will be infliced on us by the policy makers and therefore is impossible to predict. This is coming as we move into Strange World Order..
ha ha ha ha lmao work for what you get, buy what you can afford etc. stupidity! I will buy something that I will have to work for for the next 50yrs. NOT! ha ha ha, I have invested in skills etc. that will hold value even w/out $. free food? it's there. if you hoarded 10yrs. worth I'll still be here. working and surviving. I've had $200. in my pocket in the last 6mo. spent on someone else? wake up people open a mom and pop store please. who do we know in gov.? accountable? sheesh.
dude. respecto for replying to monty. I wish the world didnt work like you say but i am afraid it does. I am pretty lucky coz i have a job. I do not own any gold or silver. I keep my money in a bag in the back garden. Is this wise?
It takes two to tango, if there are no borrowers there won't be any lender. Real estate bubble was created by both the banks and the stupid people. Now the government wants to bail them out. That is not fair to working class like me. I'm really tired of supporting these losers.
how about cut our spending down? Will that work too? I've heard that if people don't borrow the fed couldn't print the money and earned the interest. I almost want to blame only but I think borrowers are also to blame. If you really want to do something about our money system start educating stupid people about borrowing and spending.
You mentioned the Perth mint. I to think it's wise to hold metals close to me and I do however, I have 2ck cash in an IRA (I'm 61 years)and don't want to withdraw the money incurring a huge tax obligation so, the Perth mint is the best plan available but how do I know they are not selling more gold than they actually have?
i have a question, gold and silver are considered to be the backing for a sound financial monetary system. why does noone have diamonds as the reserve for there monitary system?
from the little that i've read its because gold and silver are actually rarer than diamonds and have been used as currency since the dawn of time. Diamonds aren't that rare they are just a controlled release item, meaning every year companies only release a very small percentage of their actual stock so that the rocks maintain their value. thats just from what i've read could be wrong tho
Honestly I really can't see the asian economies going anywhere without the american consumer. More than 50% of everything they produce is consumed in US therefore the collapse here will bring them to their knees. At this point I see two scenarios:
1. After a serious global depresion with probably 90% wealth distruction, They come up with a global currency and strategy and continue from there.
2. A total collapse will bring down the whole monetary system and then start from scratch.
ENRON is now infamous for keeping two sets of books. EVEN the Clinton crew were overwhelmed by the DOUBLE BOOKS kept by Bush #1. GWB was well known for keeping 2 sets of books in the companies that he ran and eventually destroyed.
Your "government" is LYING to you about the condition of the US economy.
We are in a PLANNED free fall.
The money masters were responsible for the "collapse" of the USSR and they intend the same (only worse) for the US.
I believe OBAMA is a planted president dude to take a fall on the disastser that is going to be created by secret govt in USA and blame all black people. There are millions of talented people who can talk as good as obama or better. what is so special about obama in that he has been fast tracked into presidency. Someone desperately wants OBAMA to be president. Every one can see it. They did not want hillary or mccain. They need a scapegoat. Gold won't help...
If things go bad , it go bad. Buy weapons and save urself if chaos created by 'key' govt people. POSTMAN situation may come. Time traveller John tito said that...But again even the time traveller is a secret govt people , let the world know what will be the future.
vision victory,i stumbled across your sight by accident but have had the same fears of this collapse for a couple of years now.i,m not a dome sayer either.Zimbabwe have produced currency now with that many zeros on them that i can see this coarse taken by usa.
unfortunatly the usa has been so arrogant to stand the dollar alone and not based on gold standard , that is why the situation has arrisen,greed my friend is a nasty word and leads to even nastier actions.time to pay the piper.
Money will be printed in massive volumes to fulfill rampant "entitlement" and social programs, turning inflation into hyper-inflation. Tight credit combined with burdensome taxes will collapse many businesses, causing major layoffs. The U.S. government will grab control of major industries - rail, air, energy, healthcare, banking. Investor access to funds from banks and the stock market will be controlled and limited. The U.S. and the world will be in a dark period.
You don't have to apologize for being extemporaneous. Personally, swing voters (who flatter themselves with their vote) are not productive in the election except vote take votes away from the Presidential candidate who most Democratic American's feel is the best choice. Of course this is a problem because (as the republicans traditionally complain) snooty and winey now "they always vote Democratic"...boo hoo...Don't worry, once a Democratic Pres. starts working with his constituency, we will win
This is how the few powerful men at the top (bankers) are going to draw in the Global Currency. I bet it will be the Euro. Now to start stripping my electronics of any gold circuits and melting them down to at least have a 2 ounce lump...
Well surprise, surprise! Republicans turn out to be the biggest socialists the USA has ever known. Corporate socialists that is. They don't blink when bailing out their cronies in the banks with trillions of US$'s, but when it comes to looking after the people - you know, the taxpayers, those who are gouged by these corporate bailouts - then Republicans throw a hissy fit, wrap themselves in the flag, and scream 'You communists!' at the Democrats.
more flexibility, with an expanded definition that could include all of those banks
politicodotcom/news/stories/0908/13690.html
Bush and Congress + banker barons threw gas onto a bonfire. The financial Mt. Vesuvius hasn't blown yet, but it will, and what was done last week and most likely through today, will be horrific
Google: commodities futures modernization act phil gramm. (Gramm is McCain's butt buddy!) It is an ammendment to the Enron loophole bill that McCain supported. So if you are wondering why YOUR tax dollars just bought a debt strapped insurance company, check this out. The GOP are all against regulation. Let us remind them that the airline industry is regulated. If it wasn't,their flights to Hawaii and back would cost about $15,000. Fucking Assholes!
Phil Gramm? Oh please! The problem is systemic. It's the monetary system. Are the Dems pro-regulation of the Fed? No.
It's not a few bad mortgages from lack of regulation that causes the system to fail. It's the inevitable bust after the boom cycle. It's the hallmark of an inflationary fiat money system. It must crash when inflated prices exceed people's ability to support it anymore. Then a reckoning must occur - and most will be caught short as values deflate and credit vanishes.
value in the asian markets...that's why their equity markets have been destroyed. You should be intelligent and look for a bottom in the domestic markets first. You're analysis on a "crash event" is ridiculous and gold and silver being confiscated is incredible. Please don't spread misinformed information on the markets, it makes people who are ignorant of economics in the first place, even worse off. GLD isn't a stock, my god....
Call, write, email your US Congressman and Representatives.
Do it now and tell them to stop the bailouts. If the Fed and Treasury want to provide "liquidity", then they need to give the money back to the people.
Giving money to failed financial institutions that are going to fail and leave us holding the bag, will bancrupt our country.
Visionvictory, they are going to keep saying the economy is doing well because they don't want us to panic. In a lot of ways this is a market adjustment. It is a free-enterprise economy. People think no-one should ever lose, but in reality people do lose. Liberals can't stand the idea "survival of the fit" but that is the reality of human nature.
this looks like the butt-f** of the century. US prez spends his nation into oblivion, nation not too happy. US prez then rescues nation using the money of those he's just reamed. hmmmm. Anyway I told you it was all gonna be ok. Those helicopters have gone too.
well well well, what have we here? a rescue package aka a mammoth bail out of the american banking system. Shares soaring upwards. Confidence surging. Perhaps a few red faces on this blog hey what?
tonjg: Are you insane? Where do you think they got 500 billion to bailout the entire banking system? They made it up! The dollar just became monopoly money! They flushed our currency down the toilet!! This is absolutely the worst thing that could have happened. Have you not learned anything from Ron Paul? Just yesterday, even before today's massive bailout, Ron Paul on Glenn Beck said we are going to have a Soviet Style 1989 currency collapse followed by an economic collapse.
ron paul is a great guy I'm sure but he's a guy with NO power, he is not in a position to make decisions or give orders. I'm in the UK, Ron Paul is just an aged american guy to me. And who the fuck is glenn beck? Don't answer that because I don't care. The dollar just became monopoly money huh? it's always been monopoly money.
Visioncitory I agree with buying gold and silver and definitely agree with having it in yr physical possesion. I'm sorry, but I don't agree with yr analysis of the govt punishing (taxing) or witholding yr "greedy capitalist gains" where u made yr fortune in stocks. History proves time and again- the govt protects the rich and fucks the little guy. the rothschild family and others made enormous sums of money out of great depression - I'm sure they did not get taxed!
``Where do we stop, where do we draw the line?'' Shelby said in a Bloomberg Television interview. ``I don't know what road'' the Fed ``is going down,'' he said. ``If they don't watch what they are doing, they are going down a path of no return.''
WASHINGTON - The Senate Banking Committee chairman says the government's financial rescue plan will be costly, and is demanding more details about the program to confront the worst financial crisis in decades
Sen. Chris Dodd told reporters, "We're anxious to hear the specifics. None of us have any idea what the details are. We understand the gravity of the moment."
NO SPECIFICS? UNBELIEVABLE! This is a short bounce in the markets. Nothing More...
When do you see this economy finally collapse? In the next 6 months or in a couple of years. I think its a possibility that things may fold middle of next year. There's no way they could tax us or inflate the currency to meet all of these obligations that the Gov't has put up.
A few months back, I remember looking at real estate listings for Boulder, Co. All of the home prices were outrageous, but one listing really got under my skin. It was for a 3 bedroom ranch, built in the 60's. For all practical purposes it was a decent starter home. Of course, they sellers wanted 585K!!!
The ad mentioned it was close to schools. That really pissed me off. How can a school teacher ever even afford a home these days? Or support a family?
Michael Bloomberg : You cant just blame the banks, you also can blame the people that took out mortgages We were brought up that you first had to put some savings together and then enjoy. But this whole society has gotten to the fact that were a now, give it to me today kind of society. I think regulation has not been adequate.
But banks get bailed out first, the average joe does not.
This colossal global bailout t unreal. You can also call it transfer of wealth to the investing class.
What do you dislike about the US economy? You do know that a federal reserve, central bank and reserve ratio...all that stuff is present in Asian markets as well as the US and Europe and even most of Africa, where they're not stuck on barter. The Japanese market had a currency collapse a few years ago, as did Thailand. China wass fighting off stagflation a few years ago. India was struggling with a monetary crisis in the mid 1990s. Why do you seem to think that Asia is some magical bullet?
The market is in reset mode, they may stall it but the process has already begain. They will waist eveything trying to stall it and the longer the stall, the harder it will fall. They are stark raving mad and at the wheel. Is there not anyone leader in the market that will be a leader? America needs a leader so much and there is none.
Morgan Stanley, bankers may get lifeline from Washington, slowing need for forced combinations
NEW YORK (AP) -- America's battered financial services industry is close to getting the lifeline it was desperately seeking as government leaders sketched out a plan late Thursday to rescue banks from bad debts that threatened their survival.
could someone send me some electronic zeros? i need liqidity...i love the feel of ethermoney..."backed by the full faith and credit of the internet" does anyone really believe that adding zeros to the balance sheets of defunct banks somehow presto...they are solvent?...bizaar..if you think about it...
from what i've read, them banning short selling is a guaranteed market crash. I don't know myself because i'm just a beginner with the stock market (don't forget the stock market and the economy are pretty much different things)
``Absolutely, this is good news,'' said Marilyn Cohen, who manages $185 million in bonds as president and chief executive of Envision Capital Management in Los Angeles. ``It will be like New Year's Eve for the market tomorrow morning. Hopefully, this will give the trading desks the confidence to start making markets again.''
The two regulators, in talks with lawmakers late today, sought support for a plan to help financial institutions remove from their balance sheets illiquid mortgage-related assets at the root of the yearlong credit crisis. Congressional leaders said they intend to work to pass such legislation within days.
SEOUL, South Korea - British bank HSBC Holdings PLC said Friday it has canceled an agreement to purchase a controlling stake in a South Korean bank from U.S. private equity group Lone Star Funds.
CNN Money SAN FRANCISCO (Dow Jones) -- Out with the financials and in with the food.
Kraft Foods Inc. (KFT) on Sept. 22 will be added to the Dow Jones Industrial Average, replacing troubled insurance giant American International Group (AIG), Dow Jones & Co. said Thursday.
A blogger FOFOA said:"Now the Dow can be as accurate as Govt. inflation numbers.
And as people get poor and eat more mac n cheese the Dow will go up, just like it should.
WASHINGTON — After a series of government interventions in the private markets, one seemingly more astonishing than the next, lawmakers found themselves confronted on Wednesday with the question of when and where to draw the line on future aid.
Resolution Smesolution....it's all about smoke & mirrors...a ploy to buy time and shake out all the short sellers.
It seems the Private Bankers have a specific date planned for the big smack down....and they keep propping up the indexes....they aren't ready to let it free-fall....yet
Five banks have come forward to evaluate Washington Mutuals financial records as part of an auction process run by WaMus adviser, people familiar with the matter said on Thursday.
Washington Mutual is gone, yet the media won't say it.
I thought the talking heads are honest, trusted, and truthful people or why would they be on the tube if that were not so? Cause everything in the news has to be the truth, don't it?
VV, what is your say on the bank bailouts en-masse? Sep 08 and Feb 09 collapse scenario seems unlikely, especially if they set up a trust that acts as a toxic dumping ground.
It is all about how long the banksters can fool the system and get away with it.
Morgan and Goldman complaining about shorts and Cox obliging - give me a break. (Goldman made a killing shorting mortgage instruments )
Either you fight them, if you cannot fight them join them, or runaway to another place. Sorry to say that the American public is losing the battle - for the few who care.
rom Bloomberg: Goldman Sachs Group Inc., the world's largest securities firm, said it bet on declines in the subprime mortgage market for most of 2007, as many of its competitors suffered record losses from the market's collapse.
This changes nothing for Main Street. They are still tapped out and jobless.
I will post a video today. It's nice to see everyone in the world acknowledge that we were right about a coming financial collapse. I disagree that we avoided it though, not sure on how this will affect the timing, will post in future vids.
VV your right, all the people I told who have laughed at me the last year, or so think Im some kind of a genious, even my parents, I tell them how could you have not seen all of yhis?
vv: 'everyone in the world acknowledge that we were right about a coming financial collapse?' I don't see that. I see wide-eyed vacant sheep playing follow-some-youtube-leader co's they don't know what to think. I see vacuum heads advocating gold and silver because they heard someone else say it. Nothing has collapsed yet. Whats that?...it's going to?
Retail is tanking (and has been all year) according to the leading retailers group--that also forecast 5,000 retail shops closing their doors this year.
FDIC shutting down banks (not even on their 100 watch list).
In the REAL world, people are losing jobs. Consumer spending is down and yet prices are going up.
the complete plan? you're kidding right. I watched your video. I didn't see so much a plan, more a few tins of beans, some guns and a gorilla in a combat trousers shooting trees.
In my video, I show a VERY small portion of what you should have in stock. Canned food, silver, guns, ammo. There's alot more than what I showed. I think you're just jealous cause you have NOTHING. You'll be dragged kicking & screaming like a bitch to the prison camp.
ok I was joking about the beans. You don't have a few cans of beans, you have LOTS of cans of beans. But mojo, here in the uk we don't have prison camps, we have civility and normality. We also have composure, respectibility and integrity. You should look these words up in a dictionary.
You on the other hand have a bible, an AK47, a pistol, and machete, a blue singlet and cabin fever. Way to go mojo.
Civility? Ha! England is FULL of crime! My daughter is an intern at the House of Commons right now. She lives in a flat in London. The other day, she saw two men walk out of a store, they were talking with some homeless man sitting on a bench, next thing she knows, this guy kicks the homeless man in the face (totally un-provoked) My daughter was HORRIFIED! She had never seen anything so disgraceful.
The Yen lost most of its value during WWII and yet the Japanese economy rebounded with great tenacity. The Yen was originally fixed at 0.78 ounces of silver.
A massive devaluation does not equal total economic collapse.
What we are witnessing is a collapse of the financial sector, not the whole economy.
im sure glad it isnt the industrial sector...oh yeah...we dont have an industrial sector...whew...then im sure glad it isnt the construction/housing industry...oh yeah..we no longer have one of those either...
House Financial Services Committee Chairman Barney Frank, a Massachusetts Democrat, this week proposed Congress create a federal entity to buy bad loans.
So, this will be the mother of all bailouts.
Perhaps it is time for Americans to disengage from the banking system.
I don't know who "they" are but its obvious that they exist and are doing this intentionally on the other hand "we" got ourselves into this mess, they did not force "us" to get here. WE chose this.
NEW YORK (AP) -- Wall Street surged higher Thursday, with the Dow Jones industrials up more than 400 points after a report that the federal government is considering creation of a repository for banks' bad debt.
So when the bad debt comes due, who pays it?
A good bank and a bad bank? Is this a joke? Man this shit is getting thick.
@coultrane , Yes, it is completely immoral. No one pays it, it goes into a black hole and the tax payer, pretty much. As I said in my last post, fed has cranked up its "printing press". Get the rocket launchers ready, financials should be shooting up near term, I would be suprised if not
That does not change the social situation much in any case, the transfer of wealth from the poor to rich continues, and the game will go on for few years.
can someone explain what the RTC is? i know what it is on functional level, but what does it actually mean. does it mean that treasury is going to insure the bad loans in the credit system?
I believe what it means is that WE are going to insure the bad loans in the credit system and all the other bad debts banks and financial institutions have made. Now our dollar will go down fatser.
"Financials were helped by word that the Financial Services Authority, the United Kingdom's independent financial regulator, has issued a temporary ban on short selling financial companies."
YAHOO NEWS- The worst global financial crisis since the Great Depression"
Fed, central banks move to boost global confidence.President Bush canceled trip to stay in Washington and to huddle with Treasury Secretary Paulson.The Treasury Department,for the 1ST time in its history, said it would begin selling bonds for the Fed in an effort to help the central bank deal w/ its unprecedented borrowing needs.Russia closed its stock exchanges for a 2ND day-fears of repeat of 98 financial collapse.
You give great sound advice... Food first and gld&slv next. Keep restating the "in hand" for precious metals, because paper gold will burn. The only criticism I have is the wiffle on Asian and foreign stocks. Don't open that door even a crack. Stocks do not know borders and Asia has too firm a grip on American debt as it is.
Gold has never, for any significant length of time in the last hundred years, outperformed either stocks or bonds.
Do you really think you need to hide in your basement with food and gold? Then YOU BETTER BUY GUNS, BECAUSE YOU'LL NEED GUNS AND AMMO TO PROTECT YOUR FOOD AND GOLD.
Don't spend your money on gold, dumbshit, buy guns and lots of ammo.
That's the best investment of all in your apocalyptic vision of the future.
bosco don't be a clown gold and silver have outperformed the dow at least in the last 10 years. Also gold should be bought after food and protection. Next, Peter Schiff was on cnn and the lady at the end of the interview says "Now we are the largest lender in America." Peter wily says "We're cosigning every mortage."
The many will run the bank soon. Paulson, Bernanke and company are the running scared now. They should be. Where I live in NY, the state is broke, unemployment funds run out, as this happens in 22 states. Also, the chickens will come home to "roost" quicker than anticipated. We shall all suffer, no one is immune.
We must stay strong now and hold the line at all costs. So be it.
Washington Mutual, the nation's largest thrift, has put itself up for sale, the New York Times reported on Wednesday, citing unidentified people briefed on the matter.
Now, if you don't get your money out, you may have to wait 2 weeks for your new bank to credit the funds.
Press Room Washington 9.17.08: "The Treasury Department announced today the initiation of a temporary Supplementary Financing Program at the request of the Federal Reserve. The program will consist of a series of Treasury bills, apart from Treasury's current borrowing program, which will provide cash for use in the Federal Reserve initiatives."
HOLY CRAP! THEY ARE LITERALLY PRINTING NEW MONEY! THIS IS WHY GOLD SHOT UP TODAY!
livefree yeah i said that earlier, but it's good you brought it up again. These are only the beginning of sorrows. The Fed can't loan anymore money without going insolvent. So, the only choice now is to let people go under or print the money. TGS where are you they are running the printing presses!
does anyone see a message above theeir screen there saying there is a scheduled maintenance of u...tube tonite 6 pm pdt? why tonite of all nites. someone please answer
I am not so sure about hyperinflation or a currency collapse in the near future - but one thing that is more likely is high unemployment (25% + ) in near future,rioting and social US. And during trouble the right wing extremists gain on the "fear factor" , just like Hitler did. Palin for president!!
Check the latest edition of leap2020 . eu
SEQUENCE 6 - 'Very Great Depression' in the US, social unrest and army's growing influence on public affairs (2nd quarter 2007 4th quarter 2009)
Did anyone notice that gold has had its biggest surge in 9 years on the back of a dollar drop and the AIG bailout and its not on the news......somebody knows something and they dont want everyone in on it!
It is very unwise not to invest in silver and gold up $70 due to dollar drop and AIG bailout
People are getting wiped out life savings pension, funds, stocks you name it if they had put the money into Gold or silver right now they would be laughing!!
Fuld told the Lehman staff 5 months ago that the bank would be ok now look at them no job no salary no stock now tell me if thay had just transfered just half of there assets into precious metals thay would be fine
Everybody is doomed, all of you are broke. the only response to a collapse of the u.s. financial system, is to move out of the u.s. once more, you're all broke, you're all dumb.
prodigee411 1 year ago
Good video. The bottom line is the world as we know it is dead and gone and won't come back. Out of the destruction a new future will come where market forces rules are thrown out of the window as we move into a New World Order where we are policed and monitored by our governments who work for the ruling elite. The shape and form of this new world will be infliced on us by the policy makers and therefore is impossible to predict. This is coming as we move into Strange World Order..
idatomhue 2 years ago
ha ha ha ha lmao work for what you get, buy what you can afford etc. stupidity! I will buy something that I will have to work for for the next 50yrs. NOT! ha ha ha, I have invested in skills etc. that will hold value even w/out $. free food? it's there. if you hoarded 10yrs. worth I'll still be here. working and surviving. I've had $200. in my pocket in the last 6mo. spent on someone else? wake up people open a mom and pop store please. who do we know in gov.? accountable? sheesh.
SPAGHETTIMONSTER1 2 years ago
Dig more gold mines in Alaska?
GODDAMEFAGS 2 years ago
This has been flagged as spam show
Nice try. Keep it up check out esteembpo + com for social media marketing. vnkcxv
SadeTabitha 2 years ago
dude. respecto for replying to monty. I wish the world didnt work like you say but i am afraid it does. I am pretty lucky coz i have a job. I do not own any gold or silver. I keep my money in a bag in the back garden. Is this wise?
starsndspiders 2 years ago
Do you mean actualy gold bars and silver? In your possesion.
OverthrowdaGovt 2 years ago
in depressions cash is king. i am not talking of colored paper or book entries.
Mongodelight 2 years ago
It takes two to tango, if there are no borrowers there won't be any lender. Real estate bubble was created by both the banks and the stupid people. Now the government wants to bail them out. That is not fair to working class like me. I'm really tired of supporting these losers.
moniequa 3 years ago
We must demand that we remove the fr=ederal reserve and that we have an AMERICAN currency backed by gold.
The corrupt secret society government needs to take a hike before someone takes a shot.
MrDuffy81 3 years ago
how about cut our spending down? Will that work too? I've heard that if people don't borrow the fed couldn't print the money and earned the interest. I almost want to blame only but I think borrowers are also to blame. If you really want to do something about our money system start educating stupid people about borrowing and spending.
moniequa 3 years ago
are you skezo?
GODDAMEFAGS 2 years ago
You mentioned the Perth mint. I to think it's wise to hold metals close to me and I do however, I have 2ck cash in an IRA (I'm 61 years)and don't want to withdraw the money incurring a huge tax obligation so, the Perth mint is the best plan available but how do I know they are not selling more gold than they actually have?
Joeys48 3 years ago
we're gonna dieeeeeeeeeeee
alphaprocyonx 3 years ago 2
thanks for the lil talk.
Peace out
WyteBudz 3 years ago
i have a question, gold and silver are considered to be the backing for a sound financial monetary system. why does noone have diamonds as the reserve for there monitary system?
pitbullmoney1 3 years ago
You know? that is a really good question.
Rahyel1989 3 years ago
Probably because diamonds are harder to evaluate.
TheRedPriestofVenice 3 years ago
from the little that i've read its because gold and silver are actually rarer than diamonds and have been used as currency since the dawn of time. Diamonds aren't that rare they are just a controlled release item, meaning every year companies only release a very small percentage of their actual stock so that the rocks maintain their value. thats just from what i've read could be wrong tho
JasmineI 3 years ago
Honestly I really can't see the asian economies going anywhere without the american consumer. More than 50% of everything they produce is consumed in US therefore the collapse here will bring them to their knees. At this point I see two scenarios:
1. After a serious global depresion with probably 90% wealth distruction, They come up with a global currency and strategy and continue from there.
2. A total collapse will bring down the whole monetary system and then start from scratch.
Evolution!
good4fx 3 years ago
Good comment. I think you're right, one of the two scenarios you described will happen.
robert4you 3 years ago
About the government "books":
ENRON is now infamous for keeping two sets of books. EVEN the Clinton crew were overwhelmed by the DOUBLE BOOKS kept by Bush #1. GWB was well known for keeping 2 sets of books in the companies that he ran and eventually destroyed.
Your "government" is LYING to you about the condition of the US economy.
We are in a PLANNED free fall.
The money masters were responsible for the "collapse" of the USSR and they intend the same (only worse) for the US.
Its STARTED!
t4705mb6 3 years ago
I believe OBAMA is a planted president dude to take a fall on the disastser that is going to be created by secret govt in USA and blame all black people. There are millions of talented people who can talk as good as obama or better. what is so special about obama in that he has been fast tracked into presidency. Someone desperately wants OBAMA to be president. Every one can see it. They did not want hillary or mccain. They need a scapegoat. Gold won't help...
boxedin 3 years ago 3
Wow I was thinking the same thing
paiutey 3 years ago
If things go bad , it go bad. Buy weapons and save urself if chaos created by 'key' govt people. POSTMAN situation may come. Time traveller John tito said that...But again even the time traveller is a secret govt people , let the world know what will be the future.
boxedin 3 years ago
u sir are a dollar hater and a gold lover.
KhmerD0g 3 years ago
lol thx
visionvictory 3 years ago
So the money for nothin mob aint gonna make it.Ah diddums.
arfamo3 3 years ago
vision victory,i stumbled across your sight by accident but have had the same fears of this collapse for a couple of years now.i,m not a dome sayer either.Zimbabwe have produced currency now with that many zeros on them that i can see this coarse taken by usa.
unfortunatly the usa has been so arrogant to stand the dollar alone and not based on gold standard , that is why the situation has arrisen,greed my friend is a nasty word and leads to even nastier actions.time to pay the piper.
binky4647 3 years ago
Money will be printed in massive volumes to fulfill rampant "entitlement" and social programs, turning inflation into hyper-inflation. Tight credit combined with burdensome taxes will collapse many businesses, causing major layoffs. The U.S. government will grab control of major industries - rail, air, energy, healthcare, banking. Investor access to funds from banks and the stock market will be controlled and limited. The U.S. and the world will be in a dark period.
junkie4vids 3 years ago
You don't have to apologize for being extemporaneous. Personally, swing voters (who flatter themselves with their vote) are not productive in the election except vote take votes away from the Presidential candidate who most Democratic American's feel is the best choice. Of course this is a problem because (as the republicans traditionally complain) snooty and winey now "they always vote Democratic"...boo hoo...Don't worry, once a Democratic Pres. starts working with his constituency, we will win
mchesiod 3 years ago
In the end there will be a one world govt/New World Order, and there will be a one world money system/Amero/Euro.
jdogg03infinite 3 years ago
Yeah. Like, 40yrs from now...
AdamnationZ 3 years ago
Depression will last till 2011, then go back into one as demand for Oil out stips supply
keithholden 3 years ago
Dear Congress, Senate, and House,
You're fired.
Thank you,
WE THE PEOPLE
Thepiratejoe 3 years ago 4
What a minute are you trying to say that I shouldn't store my wealth in baseball cards?
pilatech 3 years ago
This is how the few powerful men at the top (bankers) are going to draw in the Global Currency. I bet it will be the Euro. Now to start stripping my electronics of any gold circuits and melting them down to at least have a 2 ounce lump...
sean83716 3 years ago
My point exactly. The Amero to start off with and then the Euro soon to follow.
jdogg03infinite 3 years ago
Very good video. Very scary. Very accurate. Greetings from France.
slobomotion 3 years ago
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ooiuj1 3 years ago
This has been flagged as spam show
Well surprise, surprise! Republicans turn out to be the biggest socialists the USA has ever known. Corporate socialists that is. They don't blink when bailing out their cronies in the banks with trillions of US$'s, but when it comes to looking after the people - you know, the taxpayers, those who are gouged by these corporate bailouts - then Republicans throw a hissy fit, wrap themselves in the flag, and scream 'You communists!' at the Democrats.
GOP - beyond hypocrisy, beneath contempt!
Silberdachs 3 years ago
Capitol Hill 1:30 a.m. Saturday
eligible financial institution had to have its headquarters in the United States
7:15 Saturday night
more flexibility, with an expanded definition that could include all of those banks
politicodotcom/news/stories/0908/13690.html
Bush and Congress + banker barons threw gas onto a bonfire. The financial Mt. Vesuvius hasn't blown yet, but it will, and what was done last week and most likely through today, will be horrific
newswithviewsdotcom/Devvy/kidd394.htm
merxen 3 years ago
My name is Susanne.
I like your hair style.
tc4701m 3 years ago
Google: commodities futures modernization act phil gramm. (Gramm is McCain's butt buddy!) It is an ammendment to the Enron loophole bill that McCain supported. So if you are wondering why YOUR tax dollars just bought a debt strapped insurance company, check this out. The GOP are all against regulation. Let us remind them that the airline industry is regulated. If it wasn't,their flights to Hawaii and back would cost about $15,000. Fucking Assholes!
joyful1959 3 years ago
Phil Gramm? Oh please! The problem is systemic. It's the monetary system. Are the Dems pro-regulation of the Fed? No.
It's not a few bad mortgages from lack of regulation that causes the system to fail. It's the inevitable bust after the boom cycle. It's the hallmark of an inflationary fiat money system. It must crash when inflated prices exceed people's ability to support it anymore. Then a reckoning must occur - and most will be caught short as values deflate and credit vanishes.
OgeronimonominoregO 3 years ago
value in the asian markets...that's why their equity markets have been destroyed. You should be intelligent and look for a bottom in the domestic markets first. You're analysis on a "crash event" is ridiculous and gold and silver being confiscated is incredible. Please don't spread misinformed information on the markets, it makes people who are ignorant of economics in the first place, even worse off. GLD isn't a stock, my god....
prodigee411 3 years ago
Call, write, email your US Congressman and Representatives.
Do it now and tell them to stop the bailouts. If the Fed and Treasury want to provide "liquidity", then they need to give the money back to the people.
Giving money to failed financial institutions that are going to fail and leave us holding the bag, will bancrupt our country.
amdura 3 years ago 2
Visionvictory, they are going to keep saying the economy is doing well because they don't want us to panic. In a lot of ways this is a market adjustment. It is a free-enterprise economy. People think no-one should ever lose, but in reality people do lose. Liberals can't stand the idea "survival of the fit" but that is the reality of human nature.
fivestarmichael 3 years ago
Just posted, should upload in a few minutes.
visionvictory 3 years ago
this looks like the butt-f** of the century. US prez spends his nation into oblivion, nation not too happy. US prez then rescues nation using the money of those he's just reamed. hmmmm. Anyway I told you it was all gonna be ok. Those helicopters have gone too.
tonjg 3 years ago
well well well, what have we here? a rescue package aka a mammoth bail out of the american banking system. Shares soaring upwards. Confidence surging. Perhaps a few red faces on this blog hey what?
tonjg 3 years ago
tonjg: Are you insane? Where do you think they got 500 billion to bailout the entire banking system? They made it up! The dollar just became monopoly money! They flushed our currency down the toilet!! This is absolutely the worst thing that could have happened. Have you not learned anything from Ron Paul? Just yesterday, even before today's massive bailout, Ron Paul on Glenn Beck said we are going to have a Soviet Style 1989 currency collapse followed by an economic collapse.
livefree1789 3 years ago
ron paul is a great guy I'm sure but he's a guy with NO power, he is not in a position to make decisions or give orders. I'm in the UK, Ron Paul is just an aged american guy to me. And who the fuck is glenn beck? Don't answer that because I don't care. The dollar just became monopoly money huh? it's always been monopoly money.
tonjg 3 years ago
Visioncitory I agree with buying gold and silver and definitely agree with having it in yr physical possesion. I'm sorry, but I don't agree with yr analysis of the govt punishing (taxing) or witholding yr "greedy capitalist gains" where u made yr fortune in stocks. History proves time and again- the govt protects the rich and fucks the little guy. the rothschild family and others made enormous sums of money out of great depression - I'm sure they did not get taxed!
robmagician 3 years ago
``Where do we stop, where do we draw the line?'' Shelby said in a Bloomberg Television interview. ``I don't know what road'' the Fed ``is going down,'' he said. ``If they don't watch what they are doing, they are going down a path of no return.''
sbmillionair 3 years ago
Euro's inflate about 7 % a year too.
Here in Europe, they print money out of thin air too.
I remember my grandfather telling he earned 2,5 Dutch Guilder a month a long time ago (In the 40's?).
Now I earn more than 2000 times more.
Where does it come from?
john1230 3 years ago
WASHINGTON - The Senate Banking Committee chairman says the government's financial rescue plan will be costly, and is demanding more details about the program to confront the worst financial crisis in decades
Sen. Chris Dodd told reporters, "We're anxious to hear the specifics. None of us have any idea what the details are. We understand the gravity of the moment."
NO SPECIFICS? UNBELIEVABLE! This is a short bounce in the markets. Nothing More...
coultrane 3 years ago
When do you see this economy finally collapse? In the next 6 months or in a couple of years. I think its a possibility that things may fold middle of next year. There's no way they could tax us or inflate the currency to meet all of these obligations that the Gov't has put up.
What are your thoughts?
gmoney415 3 years ago
Hey FiretheFed1,
LynchAmerica is an inspired name for a merged bank. Genuinely witty and prophetic too
andrewebisu 3 years ago
"Hitler gets a margin call"
youtube. com/watch?v=eVB-SSkkLnY
I own gold.. but i still find this funny has hell..
firethefed 3 years ago
Er, i worded that wrong but you get what i mean, i think.
sbmillionair 3 years ago
I had doubt before that this collapse had a chance of not happening. Now i do not.
sbmillionair 3 years ago
1 trillion for us
600.00 tax rebate for you
1 trillion for us
nothing for you.
coultrane 3 years ago
I'm losing count of the bail outs LOL
visionvictory 3 years ago
The American taxpayer is like a wet towel and the govt is sqeezing every last drop of water out, then soaking it again so it can keep squeezing.
supracoop 3 years ago
A few months back, I remember looking at real estate listings for Boulder, Co. All of the home prices were outrageous, but one listing really got under my skin. It was for a 3 bedroom ranch, built in the 60's. For all practical purposes it was a decent starter home. Of course, they sellers wanted 585K!!!
The ad mentioned it was close to schools. That really pissed me off. How can a school teacher ever even afford a home these days? Or support a family?
coultrane 3 years ago
Paulson plan could cost $1 trillion
Paulson announced plans Friday morning for a "bold approach" that will cost hundreds of billions of dollars.
America is turning into a pile of SHIT. There is NO FUCKING REPRESENTATION IN THIS COUNTRY FOR THE PEOPLE WHO ACTUALLY WORK.
CAN YOU BELIEVE THIS SHIT!
coultrane 3 years ago 3
Ron Paul?
dbztiki 3 years ago
Vision,
From what I understand "they" are doing all
they can to postpone the financial collapse.
Now they're going to protect all money market
funds!?!
We need to hear from you. Please, please, make a new video.
PrepNow 3 years ago
Will try to post in an hour.
visionvictory 3 years ago
Bank America and Merrill Lynch are merging. The new name will be
LYNCH AMERICA !
firethefed 3 years ago 2
That is funny. LOL
PrepNow 3 years ago
Haha now thats a name I can trust!
morethan20 3 years ago
These moves by the fed are incredibly Inflationary
no way to hide it
OpenMind00 3 years ago
Vision,
Markets up 400 withn ten minutes and gold down!!!
What does this "temporary" ban on short selling mean?
What is REALLY going on?
PrepNow 3 years ago
Moms on the roof, I will explain it in a new video today.
visionvictory 3 years ago
I guess people think the Gov is the man behind he curtain. But I dont think so.
It looks mor elike they think they are Glenda the good witch of the North waving her wand and saying to reality
" be gone, you have no power here"
This is nuts. Its getting to the point where nothing resembles reality. They are all in their own world. Traders, investors and Legislators.
OpenMind00 3 years ago
Vision,
Why the big rally in the markets and gold down
again? I mean, all the news is absolutely horrible.
PrepNow 3 years ago
Will post soon.
visionvictory 3 years ago
Michael Bloomberg : You cant just blame the banks, you also can blame the people that took out mortgages We were brought up that you first had to put some savings together and then enjoy. But this whole society has gotten to the fact that were a now, give it to me today kind of society. I think regulation has not been adequate.
But banks get bailed out first, the average joe does not.
This colossal global bailout t unreal. You can also call it transfer of wealth to the investing class.
gods2fight 3 years ago
Sounds like dat RFID Chip is Coming
OneNation2525 3 years ago
What do you dislike about the US economy? You do know that a federal reserve, central bank and reserve ratio...all that stuff is present in Asian markets as well as the US and Europe and even most of Africa, where they're not stuck on barter. The Japanese market had a currency collapse a few years ago, as did Thailand. China wass fighting off stagflation a few years ago. India was struggling with a monetary crisis in the mid 1990s. Why do you seem to think that Asia is some magical bullet?
justanothergreysky 3 years ago
"""
The market is in reset mode, they may stall it but the process has already begain. They will waist eveything trying to stall it and the longer the stall, the harder it will fall. They are stark raving mad and at the wheel. Is there not anyone leader in the market that will be a leader? America needs a leader so much and there is none.
"""
sbmillionair 3 years ago
Ron Paul is my leader
dbztiki 3 years ago
just a quote, i didn't say that
sbmillionair 3 years ago
They already have wasted everything trying to stall it.
bdc03 3 years ago
Morgan Stanley, bankers may get lifeline from Washington, slowing need for forced combinations
NEW YORK (AP) -- America's battered financial services industry is close to getting the lifeline it was desperately seeking as government leaders sketched out a plan late Thursday to rescue banks from bad debts that threatened their survival.
coultrane 3 years ago
I am sorry but did the government say they were about to rape the whole country big time? I wish I had someone to pay for all my bad choices.
dbztiki 3 years ago
You get increased taxes and welfare, but corporations (which have more rights than a human being at this point) get countless bailouts.
The economy will not collapse yet. This is very political.
sabercool 3 years ago
part 1
youtube. com/watch?v=ZvcgGp5mz_E
Part 2
youtube. com/watch?v=O_RFIXcj4ik
He called it a 1989 soviet collapse.
sbmillionair 3 years ago
could someone send me some electronic zeros? i need liqidity...i love the feel of ethermoney..."backed by the full faith and credit of the internet" does anyone really believe that adding zeros to the balance sheets of defunct banks somehow presto...they are solvent?...bizaar..if you think about it...
centervilletn 3 years ago
too bad Salvador Dali is dead...he should be designing all the future FED notes...
centervilletn 3 years ago
electronic zeros - 0000000000000 you sir are now a trillionaire, minus the 1, lol. ;D
Thepiratejoe 3 years ago
from what i've read, them banning short selling is a guaranteed market crash. I don't know myself because i'm just a beginner with the stock market (don't forget the stock market and the economy are pretty much different things)
sbmillionair 3 years ago
``Absolutely, this is good news,'' said Marilyn Cohen, who manages $185 million in bonds as president and chief executive of Envision Capital Management in Los Angeles. ``It will be like New Year's Eve for the market tomorrow morning. Hopefully, this will give the trading desks the confidence to start making markets again.''
Repomex01 3 years ago
The two regulators, in talks with lawmakers late today, sought support for a plan to help financial institutions remove from their balance sheets illiquid mortgage-related assets at the root of the yearlong credit crisis. Congressional leaders said they intend to work to pass such legislation within days.
Repomex01 3 years ago
Paulson, Bernanke and Securities and Exchange Commission chair Christopher Cox asked lawmakers at the session to act swiftly in passing legislation.
"It will be the power — it may not be a new entity — it will be the power to buy up illiquid assets," Rep. Barney Frank, D-Mass, said.
BendoverBernanke 3 years ago
SEOUL, South Korea - British bank HSBC Holdings PLC said Friday it has canceled an agreement to purchase a controlling stake in a South Korean bank from U.S. private equity group Lone Star Funds.
BendoverBernanke 3 years ago
CNN Money SAN FRANCISCO (Dow Jones) -- Out with the financials and in with the food.
Kraft Foods Inc. (KFT) on Sept. 22 will be added to the Dow Jones Industrial Average, replacing troubled insurance giant American International Group (AIG), Dow Jones & Co. said Thursday.
A blogger FOFOA said:"Now the Dow can be as accurate as Govt. inflation numbers.
And as people get poor and eat more mac n cheese the Dow will go up, just like it should.
Can they add Food Stamps to the S&P500?"
HOLY CRAP
livefree1789 3 years ago
So much for free market capitalism. This is pure socialism. I am totally shocked and speechless.
kidbilly1970 3 years ago
Federal Aid to Detroit Seems Likely
WASHINGTON — After a series of government interventions in the private markets, one seemingly more astonishing than the next, lawmakers found themselves confronted on Wednesday with the question of when and where to draw the line on future aid.
coultrane 3 years ago
Resolution Smesolution....it's all about smoke & mirrors...a ploy to buy time and shake out all the short sellers.
It seems the Private Bankers have a specific date planned for the big smack down....and they keep propping up the indexes....they aren't ready to let it free-fall....yet
TexnTuber 3 years ago
any thoughts on the new Paulson global bailout ?
florgat91 3 years ago
When it's you and me it's welfare when it's a corporation it's a bailout. WTF? More like is welfare for the mega rich.
davincij15 3 years ago
Five banks have come forward to evaluate Washington Mutuals financial records as part of an auction process run by WaMus adviser, people familiar with the matter said on Thursday.
Washington Mutual is gone, yet the media won't say it.
coultrane 3 years ago
OMG the media is hiding the truth from us?
What is this world coming to?
I thought the talking heads are honest, trusted, and truthful people or why would they be on the tube if that were not so? Cause everything in the news has to be the truth, don't it?
Repomex01 3 years ago
VV, what is your say on the bank bailouts en-masse? Sep 08 and Feb 09 collapse scenario seems unlikely, especially if they set up a trust that acts as a toxic dumping ground.
It is all about how long the banksters can fool the system and get away with it.
Morgan and Goldman complaining about shorts and Cox obliging - give me a break. (Goldman made a killing shorting mortgage instruments )
gods2fight 3 years ago
Either you fight them, if you cannot fight them join them, or runaway to another place. Sorry to say that the American public is losing the battle - for the few who care.
gods2fight 3 years ago
rom Bloomberg: Goldman Sachs Group Inc., the world's largest securities firm, said it bet on declines in the subprime mortgage market for most of 2007, as many of its competitors suffered record losses from the market's collapse.
gods2fight 3 years ago
This changes nothing for Main Street. They are still tapped out and jobless.
I will post a video today. It's nice to see everyone in the world acknowledge that we were right about a coming financial collapse. I disagree that we avoided it though, not sure on how this will affect the timing, will post in future vids.
thx for the comments
visionvictory 3 years ago
VV your right, all the people I told who have laughed at me the last year, or so think Im some kind of a genious, even my parents, I tell them how could you have not seen all of yhis?
morethan20 3 years ago
vv: 'everyone in the world acknowledge that we were right about a coming financial collapse?' I don't see that. I see wide-eyed vacant sheep playing follow-some-youtube-leader co's they don't know what to think. I see vacuum heads advocating gold and silver because they heard someone else say it. Nothing has collapsed yet. Whats that?...it's going to?
tonjg 3 years ago
Housing market collapsed (aka 'bottomed out').
Retail is tanking (and has been all year) according to the leading retailers group--that also forecast 5,000 retail shops closing their doors this year.
FDIC shutting down banks (not even on their 100 watch list).
In the REAL world, people are losing jobs. Consumer spending is down and yet prices are going up.
You are in the Matrix.
jcwitness 3 years ago
no I am in the UK, where things are clearly not as bad as in the US. A couple of wobbles here and there sure, but I don't see the things you do.
tonjg 3 years ago
I have the complete plan....Watch my video.
Mojopokey 3 years ago
the complete plan? you're kidding right. I watched your video. I didn't see so much a plan, more a few tins of beans, some guns and a gorilla in a combat trousers shooting trees.
tonjg 3 years ago
In my video, I show a VERY small portion of what you should have in stock. Canned food, silver, guns, ammo. There's alot more than what I showed. I think you're just jealous cause you have NOTHING. You'll be dragged kicking & screaming like a bitch to the prison camp.
Mojopokey 3 years ago
ok I was joking about the beans. You don't have a few cans of beans, you have LOTS of cans of beans. But mojo, here in the uk we don't have prison camps, we have civility and normality. We also have composure, respectibility and integrity. You should look these words up in a dictionary.
You on the other hand have a bible, an AK47, a pistol, and machete, a blue singlet and cabin fever. Way to go mojo.
tonjg 3 years ago
Civility? Ha! England is FULL of crime! My daughter is an intern at the House of Commons right now. She lives in a flat in London. The other day, she saw two men walk out of a store, they were talking with some homeless man sitting on a bench, next thing she knows, this guy kicks the homeless man in the face (totally un-provoked) My daughter was HORRIFIED! She had never seen anything so disgraceful.
Mojopokey 3 years ago
latimes. com/news/opinion/commentary/la-oe-brooks18-2008sep18,0,7282720.column
sbmillionair 3 years ago
I think the RTC might delay the depression.
dbztiki 3 years ago
The Yen lost most of its value during WWII and yet the Japanese economy rebounded with great tenacity. The Yen was originally fixed at 0.78 ounces of silver.
A massive devaluation does not equal total economic collapse.
What we are witnessing is a collapse of the financial sector, not the whole economy.
Thanks for your videos!
Teller3448 3 years ago
im sure glad it isnt the industrial sector...oh yeah...we dont have an industrial sector...whew...then im sure glad it isnt the construction/housing industry...oh yeah..we no longer have one of those either...
centervilletn 3 years ago
This resolution trust bailout will cause the depression.
sbmillionair 3 years ago
House Financial Services Committee Chairman Barney Frank, a Massachusetts Democrat, this week proposed Congress create a federal entity to buy bad loans.
So, this will be the mother of all bailouts.
Perhaps it is time for Americans to disengage from the banking system.
coultrane 3 years ago
bad debt does not just dissapear. "they" have been at this for a long time. sooner or later they come knocking for the
"pound of flesh"
mikemb123 3 years ago
I don't know who "they" are but its obvious that they exist and are doing this intentionally on the other hand "we" got ourselves into this mess, they did not force "us" to get here. WE chose this.
mikemb123 3 years ago
Stocks surge on report of entity for bad debt
NEW YORK (AP) -- Wall Street surged higher Thursday, with the Dow Jones industrials up more than 400 points after a report that the federal government is considering creation of a repository for banks' bad debt.
So when the bad debt comes due, who pays it?
A good bank and a bad bank? Is this a joke? Man this shit is getting thick.
coultrane 3 years ago
@coultrane , Yes, it is completely immoral. No one pays it, it goes into a black hole and the tax payer, pretty much. As I said in my last post, fed has cranked up its "printing press". Get the rocket launchers ready, financials should be shooting up near term, I would be suprised if not
gods2fight 3 years ago
That does not change the social situation much in any case, the transfer of wealth from the poor to rich continues, and the game will go on for few years.
gods2fight 3 years ago
can someone explain what the RTC is? i know what it is on functional level, but what does it actually mean. does it mean that treasury is going to insure the bad loans in the credit system?
waughbodies 3 years ago
I believe what it means is that WE are going to insure the bad loans in the credit system and all the other bad debts banks and financial institutions have made. Now our dollar will go down fatser.
morethan20 3 years ago
this proves that the PPT exists
sbmillionair 3 years ago
Hmmm, at around 1:00 the Dow started taking off from its session low, and at the same time gold nosedived from it session high. Coincidence?
Trazom24 3 years ago
Ya I noticed that also. Right now its up almost 350 what the hell is going on anyway, have investors forgotten what happened a few days ago?
morethan20 3 years ago
Why shouldnt they push Obama? what better fall guy than a black guy?
greenman92553 3 years ago
watch?v=KX9r-L1gKQc
SilverWealth23 3 years ago
"Financials were helped by word that the Financial Services Authority, the United Kingdom's independent financial regulator, has issued a temporary ban on short selling financial companies."
rseveran 3 years ago
YAHOO NEWS- The worst global financial crisis since the Great Depression"
Fed, central banks move to boost global confidence.President Bush canceled trip to stay in Washington and to huddle with Treasury Secretary Paulson.The Treasury Department,for the 1ST time in its history, said it would begin selling bonds for the Fed in an effort to help the central bank deal w/ its unprecedented borrowing needs.Russia closed its stock exchanges for a 2ND day-fears of repeat of 98 financial collapse.
SilverWealth23 3 years ago
Short covering ... yowwza SKF dropped about 30 bucks.
Highest VIX (42.16) in about 5 years I believe.
rseveran 3 years ago
Vision,
Why is WAMU up and markets up? Of course,
things are moving up and down so fast that by the time you read ths it may be in the red.
It looks to me like the market s trying it's best to hang on but can't.
Gold up again!!!
PrepNow 3 years ago
up 200 points in FIVE SECONDS. huge manipulation.
sbmillionair 3 years ago
Food? What food? ;)
sthrnynk 3 years ago
Kraft replaces AIG in Dow Jones Industrial Average
Hey, if you don't like the results, add another corp. Smoke and Mirrors 101
coultrane 3 years ago
And another Money market fund bites the dust!
Talk about unprecedented events!
davincij15 3 years ago
You give great sound advice... Food first and gld&slv next. Keep restating the "in hand" for precious metals, because paper gold will burn. The only criticism I have is the wiffle on Asian and foreign stocks. Don't open that door even a crack. Stocks do not know borders and Asia has too firm a grip on American debt as it is.
takwira 3 years ago
Nice comment on asia. But their downturn will be shortlived while ours will be long lasting.
dbztiki 3 years ago
VOTE THIRD PARTY IF YOU DARE!
If you won't even stand up for your country in the secrecy of the voting booth, Shame On You!
RON PAUL 2008--THERE IS STILL HOPE FOR AMERICA IF WE WAKE UP AND LISTEN
sjlibrabbit 3 years ago 3
"Let's be real.": I'll quote you.
Gold has never, for any significant length of time in the last hundred years, outperformed either stocks or bonds.
Do you really think you need to hide in your basement with food and gold? Then YOU BETTER BUY GUNS, BECAUSE YOU'LL NEED GUNS AND AMMO TO PROTECT YOUR FOOD AND GOLD.
Don't spend your money on gold, dumbshit, buy guns and lots of ammo.
That's the best investment of all in your apocalyptic vision of the future.
boscoruby 3 years ago
bosco don't be a clown gold and silver have outperformed the dow at least in the last 10 years. Also gold should be bought after food and protection. Next, Peter Schiff was on cnn and the lady at the end of the interview says "Now we are the largest lender in America." Peter wily says "We're cosigning every mortage."
bdc03 3 years ago 2
bing bing
boscoruby 3 years ago
does anybody know what time the scheduled maintenance will end on here?
secretorchid 3 years ago
Vision $5 gas occurred just as you predicted for this month back in March.
Man you an Oracle! Or do you just read? ;)
davincij15 3 years ago
Wachovia is the next bank up, most likely.
coultrane 3 years ago
hey taz... we are geting close my brother.. hope all is well with you.. =)
firethefed 3 years ago
Dear Congress, Senate, and House,
Your fired.
Thank you,
WE THE PEOPLE
taznruby 3 years ago 5
Vision,
The financials are the ruin, as foretold.
The many will run the bank soon. Paulson, Bernanke and company are the running scared now. They should be. Where I live in NY, the state is broke, unemployment funds run out, as this happens in 22 states. Also, the chickens will come home to "roost" quicker than anticipated. We shall all suffer, no one is immune.
We must stay strong now and hold the line at all costs. So be it.
May God be with you and yours.
taznruby 3 years ago
Washington Mutual, the nation's largest thrift, has put itself up for sale, the New York Times reported on Wednesday, citing unidentified people briefed on the matter.
Now, if you don't get your money out, you may have to wait 2 weeks for your new bank to credit the funds.
coultrane 3 years ago
Press Room Washington 9.17.08: "The Treasury Department announced today the initiation of a temporary Supplementary Financing Program at the request of the Federal Reserve. The program will consist of a series of Treasury bills, apart from Treasury's current borrowing program, which will provide cash for use in the Federal Reserve initiatives."
HOLY CRAP! THEY ARE LITERALLY PRINTING NEW MONEY! THIS IS WHY GOLD SHOT UP TODAY!
livefree1789 3 years ago
livefree yeah i said that earlier, but it's good you brought it up again. These are only the beginning of sorrows. The Fed can't loan anymore money without going insolvent. So, the only choice now is to let people go under or print the money. TGS where are you they are running the printing presses!
bdc03 3 years ago
does anyone see a message above theeir screen there saying there is a scheduled maintenance of u...tube tonite 6 pm pdt? why tonite of all nites. someone please answer
secretorchid 3 years ago
I see it, It could be innocent, who knows though.
sbmillionair 3 years ago
Probably to digest through all the logs of who-watched-what videos from the suspended accounts. (nah, you don't need the system offline to do that).
They sometimes take the system offline to dig through massive of videos in 'violation of terms'. Some of these are just downright anti-Amerikkan.
Adding servers doesn't require the 'system' to be offline as it is a distributed clustered environment.
jcwitness 3 years ago
my sister of 22 says that this stuff happens all the time to america. a phase that will soon get back to normal. is that true?
Axfeliz93 3 years ago
Yeah it does, last time it happened was in 1929. Your sister doesn't know how large this is.
sbmillionair 3 years ago
Normal..does that mean food rationing, martial law, riots, economic collapse and utter chaos??
yep. that's normal. Look for it at a small town/rural area/big city within the year.
Should be a hoot!
jcwitness 3 years ago
I am not so sure about hyperinflation or a currency collapse in the near future - but one thing that is more likely is high unemployment (25% + ) in near future,rioting and social US. And during trouble the right wing extremists gain on the "fear factor" , just like Hitler did. Palin for president!!
Check the latest edition of leap2020 . eu
SEQUENCE 6 - 'Very Great Depression' in the US, social unrest and army's growing influence on public affairs (2nd quarter 2007 4th quarter 2009)
gods2fight 3 years ago
I meant social unrest
gods2fight 3 years ago
Don't suggest any vids to this genius. He already knows everything there is to know.
blookup 3 years ago
i know that but people who read the comments need to see it.
sbmillionair 3 years ago
Please visit the Epoch Time International, and read the Nine Commentaries of the Communist Party.
The Chinese Communist Regime is on the verge of Collapse, and once this happens the Chinese Economy will collapse.
mitchee009 3 years ago
The Chinese Economy will Collapse soon.
mitchee009 3 years ago
SEC.. new short sale rules
1. Must deliver borrowed securities within 3 days.
2. Tightens requirements on options market makers.
3. Lying about ability to deliver shares for settlement = fraud.
This is why gold shot up...they cant make money shorting .. so they all flock to gold.
firethefed 3 years ago 2
Did anyone notice that gold has had its biggest surge in 9 years on the back of a dollar drop and the AIG bailout and its not on the news......somebody knows something and they dont want everyone in on it!
prepare2008 3 years ago
It is very unwise not to invest in silver and gold up $70 due to dollar drop and AIG bailout
People are getting wiped out life savings pension, funds, stocks you name it if they had put the money into Gold or silver right now they would be laughing!!
Fuld told the Lehman staff 5 months ago that the bank would be ok now look at them no job no salary no stock now tell me if thay had just transfered just half of there assets into precious metals thay would be fine
prepare2008 3 years ago
youtube. com/watch?v=kqtAzRNhTTY
mjc1377 3 years ago