Unemployment will continue to rise because our manufacturing sector has been outsourced. It has nothing to do with credit or consumer spending. Folks can't continue to spend when their 30./hr job has been replaced with a 10./hr job. They cannot make their mortgage payments for the same reason. Plus you have 20 million illegal immigrants and the completely shameless use of H1B visas that drives wages lower. Laissez-faire economics does not work!! thats what you should be telling folks.
Thanks Daniel! Appreciate you doing all the legwork since most of us dont have the time/motivation:) Obama has a new name for me, Obomination! whereas this is strong I think it is well deserved since he campaigned on Change buuuuut I believe most people did not forsee the kinda change he had in mind! He is surrounding himself with extremists and it is very scary what is coming out of Washington right now not to mention how fast Freedom of Speech is under threat!
So many doom sayers, so let's step into line, for a bit, and be faster than Chellente: Here's prediction by Oztronix: -Prepare for total POWER DEMISE of: US, UK, and other English speaking peoples. -Embrace the rise of the: United States Of Europe (or you're screwed) . -Prepare for the total world take over ATTEMPT, by China and her allies. -Prepare for the war, between Euro-Asia, and East-Asia, (read related G. Orwell novel again, and this time: CAREFULLY).
silver is smart. it has more industrial uses than gold and could rise to the price of gold as ludicrous as that may sound. i myself can only afford purchases in silver hence my biased perspective. i also think that a copper investment couldn't hurt. these metals are crucial in the production of our current technological age usage. great video! five stars!
There's also 5x more gold than silver. Gold is too valuable to use for industrial purposes, so silver is constantly consumed. I would buy silver and Palladium.
yeah, i heard about that. nobody throws gold away but look at all the techno-devices, i.e. cellphones, keyboards, etc. with silver components, buried in landfills. also, silver has the highest electrical conductivity of all metals. i'll research palladium. thanks for the tip.
China renewed comments today about the dollar's value. It seems a certainty that the dollar will be dropped as the world banking reserve currency. It will happen and when it does, the dollar will tank like nobody's business.
The federal government cannot bail out CA. If it does, that gives way to 49 other states and all hell will break loose.
There will be more than 20% inflation; all you need to do is look at the balance of payments, and the drop in dollar confidence. You gotta remember, the dollar is backed purely by confidence.
Realtor's in the Inland Empire are doing great with the drop in prices and the previously pent up demand. Realtor's won on the way up AND on the way down.
BTW, I was at the mall today, and there were people lined up to buy $4 cup cakes - icing was a $1.75 extra!! Can you believe it?
four dollars for a measly cupcake?!! Instead of ppl. poolin' their resources and using the four bucks to make cupcakes from scratch at home,........hmmm
Wow, another day, another last minute 100 point rally. I really didn't think it would go this long. The Dow is now within 240 points of its 200 day moving average. If it crosses then this would be a deviation from 1929-1930 charts. Next 2 weeks are critical.
I think at this point that that may be somehwat of a stretch. I think Dow 4,000 by mid/late 2010 is more realistic, only because this "green shoots" rally seems to have no end and also due to all the liquidity the Fed keeps injecting into the economy. I still wouldn't touch stocks though.
iffy to say how the dollar will play out. It will probably fall, but the dollar's value is RELATIVE to other currencies, and quantitative easing is going on elsewhere! Regardless, however, metals and other hard assets should do excellent.
Well prices were down, and I think they could go down again, or not. If you've followed my posts, I've been very clear about purchasing hard assets, gold/silver/food/oil etc... In my opinion, the bond market is forcing the feds hand. Tax revenues are PLUNGING and deficits are SKYROCKETING.
I am simply giving you MY ANALYSIS. Only you can make decisions on your own financial future.
I think we will have a small if not large dollar collapse by the end of summer. The dollar is going to blow through the 80 mark down to 70. Here is the kicker when gold goes about 1100 the dollar will TANK.
The US Federal Reserve may soon be forced to launch fresh blitz of quantitative easing whatever the consequences for the US dollar, or risk seeing economic recovery snuffed out by the latest surge in long-term borrowing costs.
Seems inevitable to me. After all, who wants to buy fancy green notes when you can purchase real assets/commodities.
"NEW YORK (AP) -- The mortgage crisis is spreading and hitting new heights: Borrowers with good credit now make up the largest share of foreclosures as job losses and pay cuts exact their toll.
A record 12 percent of homeowners with a mortgage were behind on their payments in the first quarter, the Mortgage Bankers Association said Thursday. And the trend is predicted to continue until the end of next year, about six months after unemployment is expected to peak."
Eyebeemz, i know... Dow went up 103 points today? and on what more bad news about the Mortgage crisis spreading into the Commercial real estate market? and now effecting the more "credit worthy".
Frightening.... Next the Dow will surge 300 points on The News that Santa Claus is coming to town!
The only Bull running on Wall Street is BULLCRAP. How desperate are they for a rally that they are happy with 623,000 jobless claims for April instead of 673,000? I know it will end badly for these crooks, give it time.
The question becomes, where is the line drawn between high inflation and hyperinflation? Seems to me that if we have 15% or 20% inflation, it doesn't matter what you call it, it will erode savings, securities and any other paper assets.
Any word on WHEN the IMF may sell its gold? I'm hoping it does flood the market and a drop in gold price takes silver down with it so I can buy more!!!
The numbers and statistics really dont do justice for the shame and misery of the unemployed. Many states issue a bank debit card for unemployment compensation. Now, some stores and gas station's bank are refusing to take the card. Best rule get all the money out of the account when paid and pay cash.
It would be great if Arnold "terminated" the welfare programs. Then you'd see the parasites run to other states that haven't collapsed yet. With only producers left, and the spending spree over, California would probably return to prosperity within a year or two.
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With the U.S. dollar in free fall, Americans who don't prepare now for hyperinflation will get wiped out. Read the articles and signup for the free newsletter at: Inflation . us
Hyperinflationists need to relax a little. USD is backed by the full faith of the US government, hense FIAT currency. For HYPERINFLATION to occur, the US government has to totally collapse. See that happening any time soon? Please don't confuse hyperinflation with high inflation. And on that point, don't expect to see high inflation with high unemployment, low capital utilization and a shrinking economy......it's not how it works.
You are right - inflation? yes, hyperinflation? no.
As for the price of Gold, it has bottomed five times since 1971. It bottomed in 1976, 1982, 1985, 1993, and 2000.
The only question is where the next top will be before the sell off. Remember that anything is a good investment so long as you buy low and sell high. real estate is looking good again in my opinion.
I'm so sick of hearing about a dollar collapse. Sure the USD is inflated, but so are all currencies. for the last 80 years, US still remains on top. So much for bad monatary policy. Also don't forget the vast economic expansion over time. A gold standard does not allow for that flexibility. People should not get too obsessed with gold. It's useless and no longer recognised as a reserve as it once was. Silver on the other hand......
Treasury Yield Curve Hits Steepest Level on Record
The U.S. Treasury yield curve moved to its steepest level on record on Wednesday, with the spread between 10- and two-year note yields gapping to 275 basis points, beating a previous peak set in 2003.
Cnbc said the 5 year auction went swimmingly. That is BULLSHIT. The fed bought and the yield rose because bond buyers became SELLERS afterwards. In other words, they were selling into the FED BUYING. Keep an eye on thursdays 10 year bonds.
U.S. Inflation to Approach Zimbabwe Level, Faber Says
The U.S. economy will enter hyperinflation approaching the levels in Zimbabwe because the Fed Res will be reluctant to raise interest rates, investor Marc Faber said.
I am 100 % sure that the U.S. will go into hyperinflation, Faber said. The problem with govt debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.
I buy from bulliondirect because they have the lowest prices. But as Daniel says, their delivery times ARE slow. Usually, I get shipment within 3 weeks, and always get the goods with email confirmation of sale and tracking, so no problems.
Hey Rag...I have noticed that U.S. Silver Eagles are going for about $350 per roll on EBay. I have bought and sole thousands of dollars worth of stuff off EBay and almost never have a problem.
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The US dollar collapse has begun and we must prepare now for hyperinflation before it's too late. Read the articles and signup for the free newsletter at: Inflation . us
hey vision im a new subscriber-great videos well done. i have a ? for you-where can you purchase silver (i dont want shares i want to have it in my hand!!) and what is a good price?? thanks- and i really appreciate all the hard work that you put into your videos!
-do NOT purchase a piece of paper that says you own gold somewhere.
-do NOT purchase bars (because they are not small enough to cash out and others have drilled out and filled with lead cores--coin dealers do not trust)
-Purchase rounds (coins) American Buffalo, American Eagle, Australian Kangaroo, Canadian Maple Leaf, Austrian Philharmonic, Krugerands.
If you are going for > $100k then bars would be alright.
hey mitch and what does it mean "over spot?" sorry to ask so many questions but im not too sure what all this means, i just know the economy is in trouble and i want to protect my wealth and something to barter! thanks man, god bless
sure dude, no problem. Good people to ask for economic wisdom are: Coultrane, Dmger14, also, jcwitness,BendoverBernanke. Very powerful help these guys give.
Im the one you can ask about China and the Chinese economy, etc.
Anyway brother, please ask as many questions as you want. I am glad to help you. I also want to learn from you.
hey mitch thanks for all the info! i went on the apmex website-what is a good price to pay for a silver coin? they were asking 17.75 for a 2009 silver maple leaf for example is that a good price?
coutrane, good stuff! Celente said the commercial real estate bubble bursting will make the residential look like peanuts, but I don't understand why the dollars are more. I see your commercial real estate dollars, but those figures are for debt backed by real estate, not losses. Can you confirm or dispute Celente, or otherwise have thoughts on his statement regarding commercial v. residential? Thanks!
I think Celente is spot on. A common line from him is that current events creates future trends. For example, unemployment losses leads to lack of retail activity leads retail bankruptcy leads to commercial real estate losses. It isn't that simple, but if one studies the REAL numbers behind the economy, certain conclusions become increasingly clear.
They say that to make it sound like that is THE reason the fed is buying treasuries. The real reason is that IT HAS TO, BECAUSE NOBODY ELSE WILL BUY AS MUCH AS NEEDED WITHOUT A BIGGER INCREASE IN INTEREST RATES.
Is any surprise then that the FED is buying MORE Treasuries?
US debt mixed after Fed purchase and before auction
U.S. gov bonds were little changed on Wed, but only after earlier losses sent benchmark yields to six-month highs as the market awaited a US Treasury auction of five-year notes.
The market was slightly firmer after the Fed Reserve bought $6B in Treas. maturing in 2012 and 2013, part of its commitment to purchase up to $300B in government bonds in an effort to keep interest rates low.
Did you catch the end of that post- IN AN EFFORT TO KEEP INTEREST RATES LOW. Meanwhile the yields on long end of the bond market is rising. Ultimately, these auctions will fail and there will be only one solution- THE FED WILL NEED TO RAISE INTEREST RATES.
Of course, we aren't the only country engaging in "quantitative easing," and Europe will soon find its self in the same boat.
The Next Catastrophe For Banks: $3.5 Trillion In Commercial Real Estate Debt
In a long, analytic article about commercial real estate, The New York Post points out that the debt backed by commercial real estate in the US has hit $3.5 trillion. The paper writes that about $1.4 trillion in real estate debt is set to mature over the next four years, with some $204 billion coming due this year alone.
But, the numbers from March are like canned vegetables. It takes them a long time to spoil. That point was driven home by a study Fitch, the credit ratings agency, is preparing that shows that between 65% and 75% of modified subprime loans will fall 60days or more delinquent within 12 months of the loan changeIn other words, even if homeowners are given a second chance to keep their homes and enjoy lower monthly payments,they are prepared to walk away
Richard Fisher, president of the Dallas Federal Reserve Bank, said: "Senior officials of the Chinese government grilled me about whether or not we are going to monetise the actions of our legislature."
"I must have been asked about that a hundred times in China. I was asked at every single meeting about our purchases of Treasuries. That seemed to be the principal preoccupation of those that were invested with their surpluses mostly in the US".
how about the unemployed taking out 401k savings out and closing retirement accounts.everyone is doing it yet rarely hear any reports of it.wall st doesnt reflect it.yet.great reporting.stocks went up today because of consumer confidence is high.its high because everyone at cnn is high.great job .
ya man,rest nice.i hope you are good & the Queen & little one soon to be are healthy and peaceful.
Things are changing fast dude. fast & for the best. Through suffering always comes blessing. The righteous pay a sacrifice to get what they deserve, bro.Stay groovy man, & if you decide to talk about China at your Seminars, i will gladly provide you with everything you need to expose the Reality of China.Wish i was there with you and i would.
A friend showed me US Gubment stats indicating no increase in M1 and M2, even though we KNOW the fed has printed monopoly money to buy treasuries. Clearly there is some way they are keeping it from showing up in figures.
As to paying with cash, I think low interest loans are excellent to have, since you should be able to pay them back in cheaper dollars as your pay rises along with inflation (albeit with a lag). If inflation is too high, sell some higher priced gold and pay off the loans!!
"North Korea defied international condemnation of its latest nuclear test by firing three short-range missiles off its coast Tuesday and major powers considered tougher action against the isolated communist state."--The Epoch Times, Reuters.
Look how the Chinese Communist Party uses its evil minion, North Korea to muscle the USA.
The following is a short video of the North Korean Games. The Most important fact about this video is the man who is sitting next to Kim Jong-il:
Doug, please forward the video to around 3:46. You will see Kim, and next to him is the Evilhead of the CCP, Jiang Zemin; who has launched with 1 Quarter of China's GDP the orchestration of the Live Organ Harvesting of peaceful Falun Gong students, but Also the Tiannamen square Massacre in 1989; and was actually promoted to Military General and is still running behind the scenes.
Anyway, i just want to connect the dots for you. Thank God the CCP is collapsing or else.
The CCP's worst fear is getting themselves into the limelight or attracting attention.The CCP is the Master Manipulator and unfortunately has sucked the Marrow out of America,like a Blood sucking parasite does.What has entered into America all these years, due to sleeping with the CCP,& now basing 80% Consumer market off their slavery system, and now with them being the Biggest Creditor..has been semi-Communism with a mix of Fascism. Russia,under Putin,is vile and corrupt and w the CCP too.
But when everything seems at the last straw, and all seems lost and hopeless... Faith of the CCP Collapse is imminent. Once this vile, rotten, evil specter has collapsed and dissolved, China will again be Free and Prosperous and The Investment into Mainland will be Amazing. Moreover, America will be at peace with China; North Korea and South Korea will come back together, so will Vietnam, and the Free World will be liberated from such tyranny. By that time soon, alot of change my friend.
GM and Chrysler have taken 36.6 BILLION dollars in loans- of which not a CENT will be paid back.
It is staggering how much money has been laundered through tarp and "off balance sheet Fed deals" in the hopes of "reflating the economy." At the same time enormous sums of money have been lost by average people. These average people have been told, "INVESTING IS A RISK."
No, investing is mainly a risk for the UNCONNECTED! ALAS, THE PIGMEN PROSPER while the workers EAT CAKE!
I know it isn't Friday flashbacks, but I'd like to share with you this headline from Barrons online.
Buy GM
General Motors' turnaround could accelerate in coming years, driving handsome gains for bold stockholders. Needed: A jolt from the hybrid Chevrolet Volt.
Anyone, I repeat, ANYONE, who believes these SHILLS deserves what they get.
Coul, I love reading your comments, really insightful too, and i always learn from Wise men like you. please keep posting great comments. You know, you should do some videos yourself. I would subscribe wholeheartedly to your vids.
You are right, it is amazing how feel good sentiment with NO FUNDAMENTAL underpinnings is driving this market. It's all the more reason to be on the sideline buying 2 parts silver, 1 part gold!
Dmger14, well you know you can sense it cant you. You make a very good point about silver and gold, and i like that you are more bullish on Silver than gold. Always liked silver better. Copper is very good too, from Chile. Also INVEST in Taiwan. Stay away from China.
The stages, well its hard to tell because the Economy is propped up on Life support and Morphine. If you ask me, the next stage will be Massive.
The biggest change is when the Chinese Economy Collapses, along with the System.
Most people Know and Sense what is going to happen, but in reality, they will force themselves to believe in Positive artificial data from the so called, "Economists", and most people are afraid of the truth. Most people also like to stay in Denial.
All in all, No matter what these people do in power to prevent the inevitable, The System has collapsed. The Consumer economy is based of the Slave system in Communist China, how can it sustain? The Printing of all this Monopoly money.
The Mortgage refied loans are artificial. If i were to buy a house, i would pay fully in Cash. I am not paying the banks another cent. The Banking system is on the verge of collapse in this country. The Most bank failures in my state of GA. The Face value of the dollar in 2001 compared to a dollar in 2009, just look at the debasement... Frightening! so you can imagine the Devaluation and collapse of the Currency, from all this Paper valueless debt being printed.
Also, the ENTIRE fundamental establishment of the Federal banking system is one big giant Evil exploitative scheme; that was created to enslave the citizen into Debt slaves, by aggressively marketing "Credit". Have you ever heard of a "BAIT AND SWITCH". If i knew about the banking system's fundamental Motif and understood the Dichotomy of the Banking System before i took out a loan to pay my rent, I would of NEVER have done so in the first place. ANY Loan for that matter.
The Entire Market surges on a fantasy consumer sentiment survey?? What a load of Bollocks! Man, what next, Market surges on fact that Obama says we are Out of money?? Its so Laughable and Shameful. how now, ANYTHING pushes the market up and down.
A survey??A survey Most these people who take the survey have NO CLUE whats going on.Moreover, Prices are so discounted by at least 50-60%, from original pricing indexes, that no wonder people have a high sentiment based on Valueless Durability. Sad!
Stocks Jump After Consumer Confidence Level Surges- AP
A more upbeat mood among consumers is spreading to Wall Street. Stocks are extending their gains Tuesday after a research group reported that consumer sentiment rose in May to the highest level since September.
It amazes me, how people are making decisions for investment based on groundless surveys. It just goes to show that we have Not Even reached the 2nd stage yet of the Hyperinflationery Depression.
I bought a pile of silver on last friday. Buying an SKS this week. I hope I am wrong but I believe that this country is designed to fail on purpose because they want a Chinese style control of the population. When you and I start to throw rocks they will break out the shock troops and kick the crap out of the sheeple.
Are you talking about Vision Victory? The only solution to the economic depression is less government, which Americans aren't willing to accept. He talks about less government in his videos.
I was laid of a year ago and unfortunately there are no jobs available in my field, so I am forced to work two retail jobs... many of my customers were laid off. I come into contact with atleast three to four a day who say they were laid off.
Warren Buffett just invested in and bought 10% of a Chinese auto company. I don't think he watches these sites on youtube.
He is obviously an idiot, knows nothing about economics, should sell his Wells Fargo bank stock and listen to basement dwellers broadcasting on youtube about how bad things are going to get like visionvictory. Then he may do something right.
'If Israel doesn't remove Iranian threat, no one will'
If Israel does not eliminate the Iranian threat, no one will, Prime Minister Benjamin Netanyahu said on Monday.
"Israel is not like other countries," Netanyahu told his Likud faction in a meeting which came one week after his meeting with President Barack Obama at the White House. "We are faced with security challenges that no other country faces, and our need to provide a response to these is critical, and we are answering the call."
6.66 Million Unemployed??? Pffft--Next you'll try to make me believe the S&P is gonna hit a low of 666...Oh, Wait, that Did happen...Yeah, and I'll Bet you'll float some story about the Illinois Lottery coming up 6-6-6 on the night after Obama's elect--SH*T; that one happened too...
Scary Stuff Daniel--as per always, you make good, calm sense of it, amidst the insanity.
Thanks Bro--Congrat's and Good Luck on the New Baby,
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The dollar is crashing more rapidly than anybody expected and hyperinflation will be here quickly. Visionvictory is a hero for exposing the truth. Read the articles and signup for the free newsletter at: Inflation . us
I have been buying silver, now am thinking of buying some gold. I have been advised by a couple people to continue to buy silver over gold. Their reasons didn't make much sense to me. Can anyone give a good case for silver or gold, or both. Thanks!
Housing Market Being Pounded By New Wave of Foreclosures
As job losses rise, growing numbers of American homeowners with once solid credit are falling behind on their mortgages, amplifying a wave of foreclosures.
Were about to have a big problem, said Morris A. Davis, a real estate expert at the University of Wisconsin. Foreclosures were bad last year? Its going to get worse.
Ya think? By the way, I am going to be buying silver at this price as well!
In 2003 while lobbying leaders to put together the Coalition of the Willing, President Bush spoke to France's President Jacques Chirac. Bush wove a story about how the Biblical creatures Gog and Magog were at work in the Middle East and how they must be defeated.
In Genesis and Ezekiel Gog and Magog are forces of the Apocalypse who are prophesied to come out of the north and destroy Israel unless stopped. The Book of Revelation took up the Old Testament prophesy:
"And when the thousand years are expired, Satan shall be loosed out of his prison, And shall go out to deceive the nations which are in the four quarters of the earth, Gog and Magog, to gather them together to battle and fire came down from God out of heaven, and devoured them."
Bush believed the time had now come for that battle, telling Chirac:
"This confrontation is willed by God, who wants to use this conflict to erase his people's enemies before a New Age begins".
In the same year he spoke to Chirac, Bush had reportedly said to the Palestinian foreign minister that he was on "a mission from God" in launching the invasions of Iraq and Afghanistan and was receiving commands from the Lord.
Now we have drones crying about the economy while supporting the puppet masters trashing it to support pathological wars against humanity for nothing but GREEEEEEEEEED. TIME TO GET YOUR HEADS OUT OF YOUR ASSES.
We need to throw away the bourgeoisie by joining forces with Acorn to move the proletariat into the position of power to exercise rectitude and retribution.
I've enjoyed your videos, I have 2 a question about silver (if anyone could answer that would be great):
1. If the price and value of silver does go up to as high as people are saying (e.g. 500 oz for a house) then industry will not use it for electronics and photography because it will be too expensive, wouldn't that drive down the price?
2. What justifications are there for silver to be at such a high price and why have mainstream investors not caught on to "peak silver"?
You must remember that it isn't the value of silver that is going up, but its nominal price in USD. If the hyper-inflationary scenario pans out, the dollar will become near-worthless. This could happen if it loses its reserve currency status and China de-pegs the renminbi. Just remember Zimbabwe, Argentina, and the Weimar Republic.
As far as Americans will be concerned, all goods will be expensive, silver notwithstanding. Other currencies will not see the same dramatic fall as the dollar.
I understand the price in USD will be increasing, same will happen to gold. VisionVictory and others are suggesting that silver will not only increase in price as a result of the declining dollar, but also because it is being consumed by industry.
So my question is if the value of silver goes up (taking away the decline of the dollar) by the factors that they are suggesting, wouldn't the industry stop using it and try to find a substitute therefore reducing the value.
We are lucky, as Free World citizens; Solely compared to Mainland China, in context of the Worst regime in History, namely the Chinese Communist Party.
We are Lucky to be Blessed with the Demise and Complete collapse of the Chinese Communist Party.
America and China will change, once the CCP is destroyed. This Whole world will Change, Only once the CCP is destroyed.
Wait for what is yet to be Exposed inside Mainland China, behind the Red veil.
Mel, there is no blame to pass around. I am just clarifying that the CCP, namely the Chinese Communist Party IS the Root of Evil in this World, and is running the Show. Unfortunately the Treasonous so called "American" politicians and corporate devilish executives have been sleeping with the RED dragon for the last couple of decades.
I dont blame your misunderstanding, because you have not read, "The Nine Commentaries on the Communist Party".
The Chinese Communist Party is the"Leader" of the axis of evil in this world; whose very purpose is to destroy Liberty and Justice for all.
If it was not for the imminent Collapse of the Chinese Communist Party, and therefore Subsequent collapse of the Chinese Economy, the Free World as we know it would be finished.
However, the Evil is Finished in this world, and the stronghold is in China, namely the CCP. This is True and will come to Pass soon.
One thing? Travis, do you know how large this one thing is? this one thing is something, who murderous wrath has caused more death than 2 WORLD WARS combined!
Now the same regime, namely the CCP, IS the largest creditor to the USA. The same regime, who is killing innocent people in Death Camps, and whose is funding America's WORST known terrorists. Not to mention the Traitors in the USA, who have been sleeping with the Red Dragon all these years, enticed by the Slavery system in China.
Xia Yeliang, Professor of Economics at Peking University (PKU), recently wrote an open letter on his blog to Propaganda Minister Liu Yunshan, criticizing the Central Propaganda Departments ideological control, as well as its repression of academic and journalistic freedom.
Xia found it increasingly difficult to put up with the Chinese communist regimes control over the freedom of press and publication. This is the darkest period, and I can no longer endure it," he said.
The Evil is completely destroyed,and the War between good and evil has been Won; after Many Ferocious battles between Good and Evil.Especially over the last 10 years in China, especially.
All the Axis of Evil are waiting to Ravage and Abolish America once and for all; All evil led by the Funding and Arming from the CCP.
The Leader of the Free World, America,is on bended knees, Fighting for its life.
The CCP has been running the Show.Not for too longer. Then as i said, you will see...Peace.
I live in San Antonio tx and the values have slightly held steady aswell. However, the foreclosure rate is like nothing we've ever seen before. Check your clerk of court records and it will shock you.
I really hope vision can do a seminar up north in the near future. People in my area are extremely ignorant! Most actually believe that this depression is "different" and the economy could never collapse. Well i hate to break it to ya people, but this time, "it's not different"
Oh, don't worry too much. There will be spin and qualifications piled upon this admission, most likely before the markets open in Asia on Monday. But this trial balloon of admission is how you start breaking the bad news to people unwilling and ill prepared to receive it.
monday the world plays the market ..while amerika is on holiday ..could get interesting ..take care peoples ..peace out ..remember the fallen ..
"""5/24/2009 Join me Tonight at 10:00 p.m. CDT and 11:00p.m. EST Category: Entertainment Call-in Number: (646) 595-2217Free $50.00 Gift Card to the person with the most sensational confession!!!
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With the dollar crashing, hyperinflation will be here shortly. We all need to prepare. VisionVictory is a hero for spreading the truth. Read the articles and signup for the free newsletter at: Inflation . us
Parents across the US are leading a nationwide revolt against unnecessary, untested dangerous vaccines as CDC records show a growing amount of religious exemptions on vaccine forms, there is NO law that says you have to vaccinate ur children & waiver forms for exemptions are freely available online.Mercury is still being added at completely unsafe levels considering the fact that it is a known neuro-toxin.
As for ur precious baby, I suggest stocking up on baby thermometers, breast pumps, diff types of bottles (some babies are extremely picky, like mine was) Breast milk bags for storage, Infant tylenol, infant books, Books on how to make ur own baby food!, food processor, (making your own baby food is much more nutritious than buying the canned crap), of course cloth & disposable diapers. As for research the most important thing to look into is the dangerous side-effects of vaccines.
Dan,
Looking at your video and it's now August 2010 and ehat you are saying is still true today.
Mr2wings 1 year ago
Unemployment will continue to rise because our manufacturing sector has been outsourced. It has nothing to do with credit or consumer spending. Folks can't continue to spend when their 30./hr job has been replaced with a 10./hr job. They cannot make their mortgage payments for the same reason. Plus you have 20 million illegal immigrants and the completely shameless use of H1B visas that drives wages lower. Laissez-faire economics does not work!! thats what you should be telling folks.
louiethegreater 2 years ago
Thanks Daniel! Appreciate you doing all the legwork since most of us dont have the time/motivation:) Obama has a new name for me, Obomination! whereas this is strong I think it is well deserved since he campaigned on Change buuuuut I believe most people did not forsee the kinda change he had in mind! He is surrounding himself with extremists and it is very scary what is coming out of Washington right now not to mention how fast Freedom of Speech is under threat!
sorayacheryl 2 years ago
now is then and we are having a nice fake recove
creten69 2 years ago
Nice Silver bar......That sounded legit, LOL.
doctorofghetto 2 years ago
It sounded like it tossed it down next to his mic.
obeyance 2 years ago
this is bigger than the doings of illegals... this goes up to the higher echelons of power.
neogeomm 2 years ago
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Nice work. keep it up. mean time come for social media marketing for esteembpo**com
edanlws 2 years ago
I say we switch to gold, and hire Asian gold farmers.
JerryRSun 2 years ago
Thanks for warning people. Both gold & lead are going increase in price.
paxout 2 years ago
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oztronix 2 years ago
Yes USD is a walking Zombie pumped with steroids and high on cocaine
AntiBullS 2 years ago 2
Peter Schiff says houses are still overvalued. They could lose another 30 %.
draggeddownthehole 2 years ago
silver is smart. it has more industrial uses than gold and could rise to the price of gold as ludicrous as that may sound. i myself can only afford purchases in silver hence my biased perspective. i also think that a copper investment couldn't hurt. these metals are crucial in the production of our current technological age usage. great video! five stars!
jeffuehrer 2 years ago
There's also 5x more gold than silver. Gold is too valuable to use for industrial purposes, so silver is constantly consumed. I would buy silver and Palladium.
Questfortruth86 2 years ago
yeah, i heard about that. nobody throws gold away but look at all the techno-devices, i.e. cellphones, keyboards, etc. with silver components, buried in landfills. also, silver has the highest electrical conductivity of all metals. i'll research palladium. thanks for the tip.
jeffuehrer 2 years ago
Thanks for posting. Respect.
Good to see someone who actually comprehends the gravity of the situation at hand...
trunkeight 2 years ago
China renewed comments today about the dollar's value. It seems a certainty that the dollar will be dropped as the world banking reserve currency. It will happen and when it does, the dollar will tank like nobody's business.
The federal government cannot bail out CA. If it does, that gives way to 49 other states and all hell will break loose.
666sigma 2 years ago
if we have 15% to 20% inflation, it doesn't matter what you call it, as it will erode our savings. ( paper assets )
profesas 2 years ago
There will be more than 20% inflation; all you need to do is look at the balance of payments, and the drop in dollar confidence. You gotta remember, the dollar is backed purely by confidence.
Questfortruth86 2 years ago
Realtor's in the Inland Empire are doing great with the drop in prices and the previously pent up demand. Realtor's won on the way up AND on the way down.
BTW, I was at the mall today, and there were people lined up to buy $4 cup cakes - icing was a $1.75 extra!! Can you believe it?
Were in a recession? Really?
I don't get it...
gwuengr2 2 years ago
four dollars for a measly cupcake?!! Instead of ppl. poolin' their resources and using the four bucks to make cupcakes from scratch at home,........hmmm
qualqui 2 years ago
right on....
Kevin17761984 2 years ago
Hey VV, Do you have any seminars organized for Texas yet?
teasert1 2 years ago
the dollar is kaput
pretorious700 2 years ago
Wow, another day, another last minute 100 point rally. I really didn't think it would go this long. The Dow is now within 240 points of its 200 day moving average. If it crosses then this would be a deviation from 1929-1930 charts. Next 2 weeks are critical.
Trazom24 2 years ago
Do you think the Dow will go to 4,000 by the end of the year like Vision predicts?
Eyebeemz 2 years ago
I think at this point that that may be somehwat of a stretch. I think Dow 4,000 by mid/late 2010 is more realistic, only because this "green shoots" rally seems to have no end and also due to all the liquidity the Fed keeps injecting into the economy. I still wouldn't touch stocks though.
Trazom24 2 years ago
That's called "painting the ticket" an old trick to make the market look not so moribund.
pretorious700 2 years ago
This has been flagged as spam show
Prepare for hyperinflation before the US dollar completely collapses and is worthless. Signup for the free NIA newsletter at: Inflation . us
jckjti49 2 years ago
How much are they paying you, fer chrissake? You spam EVERYWHERE!!!!
vivaloriflamme 2 years ago
California Welfare:
With federal enactment of the 1996 welfare reform law, the
Aid to Families with Dependent Children (AFDC) program was repealed and replaced
with a new Temporary Assistance for Needy Families (TANF) program. The decisions
that the Legislature and Governor make in formulating a new TANF program in California
will affect one out of 13 persons in the state, including 1.8 million children.
rocksiphone 2 years ago
Also Listen to republicbroadcasting org on the web, its a great source for news & financial information.
rocksiphone 2 years ago
iffy to say how the dollar will play out. It will probably fall, but the dollar's value is RELATIVE to other currencies, and quantitative easing is going on elsewhere! Regardless, however, metals and other hard assets should do excellent.
dmger14 2 years ago
I hope gold and silver dip so we can load up on more, 2 parts silver, one part gold. Should be MUCH higher in a year to three years.
dmger14 2 years ago
coultrane, good analysis
dmger14 2 years ago
I'm trying to post but none go through!!!!
dmger14 2 years ago
silver is at 15.52 an oz. is anyone buying at those prices, or should we wait to see if the prices come down?
bossduff 2 years ago
Well prices were down, and I think they could go down again, or not. If you've followed my posts, I've been very clear about purchasing hard assets, gold/silver/food/oil etc... In my opinion, the bond market is forcing the feds hand. Tax revenues are PLUNGING and deficits are SKYROCKETING.
I am simply giving you MY ANALYSIS. Only you can make decisions on your own financial future.
coultrane 2 years ago
I think we will have a small if not large dollar collapse by the end of summer. The dollar is going to blow through the 80 mark down to 70. Here is the kicker when gold goes about 1100 the dollar will TANK.
bdc03 2 years ago
Bond markets defy Fed as Treasury yields spike
The US Federal Reserve may soon be forced to launch fresh blitz of quantitative easing whatever the consequences for the US dollar, or risk seeing economic recovery snuffed out by the latest surge in long-term borrowing costs.
Seems inevitable to me. After all, who wants to buy fancy green notes when you can purchase real assets/commodities.
coultrane 2 years ago
test post
dmger14 2 years ago
Economy rising = hyperinflation the rise in prices with no change in unemployment.
pirucreek 2 years ago
good job
GreenPointES 2 years ago
This has been flagged as spam show
watch?v=qFOF-jv32dA
BendoverBernanke 2 years ago
watch?v=1uuWVHT1WUY
BendoverBernanke 2 years ago
watch?v=mP6roaFNNKw
mitchee009 2 years ago
watch?v=ehk2i6c2_9g
mitchee009 2 years ago
watch?v=d4jw_KE2Wlw
BendoverBernanke 2 years ago
gunns and ammo. no more said.
1217jesss 2 years ago
"NEW YORK (AP) -- The mortgage crisis is spreading and hitting new heights: Borrowers with good credit now make up the largest share of foreclosures as job losses and pay cuts exact their toll.
A record 12 percent of homeowners with a mortgage were behind on their payments in the first quarter, the Mortgage Bankers Association said Thursday. And the trend is predicted to continue until the end of next year, about six months after unemployment is expected to peak."
and the Dow went up 103???
mitchee009 2 years ago 2
I hate when the talking heads say the consumers just shrugged off poor economic news, these rallies are manipulations.
Eyebeemz 2 years ago
Eyebeemz, i know... Dow went up 103 points today? and on what more bad news about the Mortgage crisis spreading into the Commercial real estate market? and now effecting the more "credit worthy".
Frightening.... Next the Dow will surge 300 points on The News that Santa Claus is coming to town!
God bless,
mitch
mitchee009 2 years ago 2
The only Bull running on Wall Street is BULLCRAP. How desperate are they for a rally that they are happy with 623,000 jobless claims for April instead of 673,000? I know it will end badly for these crooks, give it time.
Eyebeemz 2 years ago 3
The question becomes, where is the line drawn between high inflation and hyperinflation? Seems to me that if we have 15% or 20% inflation, it doesn't matter what you call it, it will erode savings, securities and any other paper assets.
Any word on WHEN the IMF may sell its gold? I'm hoping it does flood the market and a drop in gold price takes silver down with it so I can buy more!!!
dmger14 2 years ago
Doug, how are you dear friend. Are you buying Raw gold, or just Shares?
Since the Dollar is still very Strong against the South African Rand, consider buying Krugerands... if you can find them now...
take care,
mitch
mitchee009 2 years ago
In Florida B.O.A. has closed on satuday for the past month
mrfunnyman99 2 years ago
The numbers and statistics really dont do justice for the shame and misery of the unemployed. Many states issue a bank debit card for unemployment compensation. Now, some stores and gas station's bank are refusing to take the card. Best rule get all the money out of the account when paid and pay cash.
ghosty426 2 years ago
Hey Guys,
Parody of DEMCAD on my channel, george4genius. Very Funny.
user/george4genius
george4genius 2 years ago 2
It would be great if Arnold "terminated" the welfare programs. Then you'd see the parasites run to other states that haven't collapsed yet. With only producers left, and the spending spree over, California would probably return to prosperity within a year or two.
larstup 2 years ago
Comment removed
ArchaicRevivalx2012 2 years ago
This comment has received too many negative votes show
With the U.S. dollar in free fall, Americans who don't prepare now for hyperinflation will get wiped out. Read the articles and signup for the free newsletter at: Inflation . us
fjaos633 2 years ago
Hyperinflationists need to relax a little. USD is backed by the full faith of the US government, hense FIAT currency. For HYPERINFLATION to occur, the US government has to totally collapse. See that happening any time soon? Please don't confuse hyperinflation with high inflation. And on that point, don't expect to see high inflation with high unemployment, low capital utilization and a shrinking economy......it's not how it works.
ozziindaus 2 years ago
You are right - inflation? yes, hyperinflation? no.
As for the price of Gold, it has bottomed five times since 1971. It bottomed in 1976, 1982, 1985, 1993, and 2000.
The only question is where the next top will be before the sell off. Remember that anything is a good investment so long as you buy low and sell high. real estate is looking good again in my opinion.
zeusvalentine 2 years ago
Real estate is a falling knife. Catch it at your own peril.
coultrane 2 years ago 3
I'm so sick of hearing about a dollar collapse. Sure the USD is inflated, but so are all currencies. for the last 80 years, US still remains on top. So much for bad monatary policy. Also don't forget the vast economic expansion over time. A gold standard does not allow for that flexibility. People should not get too obsessed with gold. It's useless and no longer recognised as a reserve as it once was. Silver on the other hand......
ozziindaus 2 years ago
silver touched
14.97 $
today
chena3 2 years ago
Treasury Yield Curve Hits Steepest Level on Record
The U.S. Treasury yield curve moved to its steepest level on record on Wednesday, with the spread between 10- and two-year note yields gapping to 275 basis points, beating a previous peak set in 2003.
Cnbc said the 5 year auction went swimmingly. That is BULLSHIT. The fed bought and the yield rose because bond buyers became SELLERS afterwards. In other words, they were selling into the FED BUYING. Keep an eye on thursdays 10 year bonds.
coultrane 2 years ago
U.S. Inflation to Approach Zimbabwe Level, Faber Says
The U.S. economy will enter hyperinflation approaching the levels in Zimbabwe because the Fed Res will be reluctant to raise interest rates, investor Marc Faber said.
I am 100 % sure that the U.S. will go into hyperinflation, Faber said. The problem with govt debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.
coultrane 2 years ago
taday
10 yr close
3.695%
4,00%
by friday..???
chena3 2 years ago
I buy from bulliondirect because they have the lowest prices. But as Daniel says, their delivery times ARE slow. Usually, I get shipment within 3 weeks, and always get the goods with email confirmation of sale and tracking, so no problems.
dmger14 2 years ago
watch?v=jvbl0sGy_dg
Reformation1517 2 years ago
Comment removed
RAGNARREDBEARD14 2 years ago
Comment removed
Toneyboy53 2 years ago
Hey Rag...I have noticed that U.S. Silver Eagles are going for about $350 per roll on EBay. I have bought and sole thousands of dollars worth of stuff off EBay and almost never have a problem.
Toneyboy53 2 years ago
This comment has received too many negative votes show
The US dollar collapse has begun and we must prepare now for hyperinflation before it's too late. Read the articles and signup for the free newsletter at: Inflation . us
jckjti49 2 years ago
watch?v=jvbl0sGy_dg
BendoverBernanke 2 years ago 3
hey vision im a new subscriber-great videos well done. i have a ? for you-where can you purchase silver (i dont want shares i want to have it in my hand!!) and what is a good price?? thanks- and i really appreciate all the hard work that you put into your videos!
enterthematrix777 2 years ago
-do NOT purchase a piece of paper that says you own gold somewhere.
-do NOT purchase bars (because they are not small enough to cash out and others have drilled out and filled with lead cores--coin dealers do not trust)
-Purchase rounds (coins) American Buffalo, American Eagle, Australian Kangaroo, Canadian Maple Leaf, Austrian Philharmonic, Krugerands.
If you are going for > $100k then bars would be alright.
mitchee009 2 years ago 2
This is from Daniel, Not me. Please watch Daniel (Vision Victory's Videos on Gold and Silver).
Credible GOLD and SILVER Buyers and Sellers:
APMEX
•Excellent source to buy Silver, Coins, Silver Bars, Bullion. Speedy Delivery and Highly Recommended.
BULLIONDIRECT
•Very good trading source as well. However the delivery time is very slow.
Euro Pacific Capital
•Also a recommended firm for foreign investments and gold buying.
mitchee009 2 years ago
hey mitch and what does it mean "over spot?" sorry to ask so many questions but im not too sure what all this means, i just know the economy is in trouble and i want to protect my wealth and something to barter! thanks man, god bless
enterthematrix777 2 years ago
sure dude, no problem. Good people to ask for economic wisdom are: Coultrane, Dmger14, also, jcwitness,BendoverBernanke. Very powerful help these guys give.
Im the one you can ask about China and the Chinese economy, etc.
Anyway brother, please ask as many questions as you want. I am glad to help you. I also want to learn from you.
God bless brother,
mitch
mitchee009 2 years ago
If you are interested in Asian Markets:
A powerful source is Chinese economic section of The Epoch Times International.
As well as NTDTV Television.
Also highly recommended is the publication, "The Nine Commentaries on the Communist Party"
Best Wishes, my friend
mitch
mitchee009 2 years ago
hey mitch thanks for all the info! i went on the apmex website-what is a good price to pay for a silver coin? they were asking 17.75 for a 2009 silver maple leaf for example is that a good price?
enterthematrix777 2 years ago
This just happened to my small business:
Got a letter from the Advanta Bank, Small Business Credit Card division. They are cancelling all small business cards effective May 30th.
The Credit Card crisis has arrived.. be prepared.
webdork69 2 years ago 4
coutrane, good stuff! Celente said the commercial real estate bubble bursting will make the residential look like peanuts, but I don't understand why the dollars are more. I see your commercial real estate dollars, but those figures are for debt backed by real estate, not losses. Can you confirm or dispute Celente, or otherwise have thoughts on his statement regarding commercial v. residential? Thanks!
dmger14 2 years ago 4
I think Celente is spot on. A common line from him is that current events creates future trends. For example, unemployment losses leads to lack of retail activity leads retail bankruptcy leads to commercial real estate losses. It isn't that simple, but if one studies the REAL numbers behind the economy, certain conclusions become increasingly clear.
coultrane 2 years ago
They say that to make it sound like that is THE reason the fed is buying treasuries. The real reason is that IT HAS TO, BECAUSE NOBODY ELSE WILL BUY AS MUCH AS NEEDED WITHOUT A BIGGER INCREASE IN INTEREST RATES.
dmger14 2 years ago
Doug, hi, here is a good video from Ron Paul, on CNN:
Ron Paul: We Don't Need More Of The Same!
watch?v=wOJ1In2zT-c
mitchee009 2 years ago
Is any surprise then that the FED is buying MORE Treasuries?
US debt mixed after Fed purchase and before auction
U.S. gov bonds were little changed on Wed, but only after earlier losses sent benchmark yields to six-month highs as the market awaited a US Treasury auction of five-year notes.
The market was slightly firmer after the Fed Reserve bought $6B in Treas. maturing in 2012 and 2013, part of its commitment to purchase up to $300B in government bonds in an effort to keep interest rates low.
coultrane 2 years ago 2
Did you catch the end of that post- IN AN EFFORT TO KEEP INTEREST RATES LOW. Meanwhile the yields on long end of the bond market is rising. Ultimately, these auctions will fail and there will be only one solution- THE FED WILL NEED TO RAISE INTEREST RATES.
Of course, we aren't the only country engaging in "quantitative easing," and Europe will soon find its self in the same boat.
That is why I'm buying silver and gold...
coultrane 2 years ago 2
Meanwhile....
The Next Catastrophe For Banks: $3.5 Trillion In Commercial Real Estate Debt
In a long, analytic article about commercial real estate, The New York Post points out that the debt backed by commercial real estate in the US has hit $3.5 trillion. The paper writes that about $1.4 trillion in real estate debt is set to mature over the next four years, with some $204 billion coming due this year alone.
coultrane 2 years ago 2
Housing Is Not Just Bad, Its Getting Worse
But, the numbers from March are like canned vegetables. It takes them a long time to spoil. That point was driven home by a study Fitch, the credit ratings agency, is preparing that shows that between 65% and 75% of modified subprime loans will fall 60days or more delinquent within 12 months of the loan changeIn other words, even if homeowners are given a second chance to keep their homes and enjoy lower monthly payments,they are prepared to walk away
coultrane 2 years ago
China warns Federal Reserve over 'printing money'
Richard Fisher, president of the Dallas Federal Reserve Bank, said: "Senior officials of the Chinese government grilled me about whether or not we are going to monetise the actions of our legislature."
"I must have been asked about that a hundred times in China. I was asked at every single meeting about our purchases of Treasuries. That seemed to be the principal preoccupation of those that were invested with their surpluses mostly in the US".
coultrane 2 years ago 2
74% of economists didn't live through the Great Depression.
Most economists' basic fundamental tenet is an ever-expanding credit-based system with infinite debt roll-over and non-repayment.
Trazom24 2 years ago
According to Bloomberg today 74% of economists sat we will be OUT of the recession by the third quarter.
taineasy 2 years ago
Great, but what about the 2008 summer recovery they all predicted, or the the 1st q 2009 one?
visionvictory 2 years ago
how about the unemployed taking out 401k savings out and closing retirement accounts.everyone is doing it yet rarely hear any reports of it.wall st doesnt reflect it.yet.great reporting.stocks went up today because of consumer confidence is high.its high because everyone at cnn is high.great job .
ducklamb1 2 years ago
was on a mini-vacation, but I'm back ;)
Need some rest from my vacation, will post soon.
thx
visionvictory 2 years ago
howzit Danny, brother,
ya man,rest nice.i hope you are good & the Queen & little one soon to be are healthy and peaceful.
Things are changing fast dude. fast & for the best. Through suffering always comes blessing. The righteous pay a sacrifice to get what they deserve, bro.Stay groovy man, & if you decide to talk about China at your Seminars, i will gladly provide you with everything you need to expose the Reality of China.Wish i was there with you and i would.
anyway bro,
peace
mitch
mitchee009 2 years ago
Hey VisionVictory. I wanted to thank you for your work. Guys like you inspired me to make videos myself. Thanks again and truth will prevail.
maxinatlanta 2 years ago
A friend showed me US Gubment stats indicating no increase in M1 and M2, even though we KNOW the fed has printed monopoly money to buy treasuries. Clearly there is some way they are keeping it from showing up in figures.
As to paying with cash, I think low interest loans are excellent to have, since you should be able to pay them back in cheaper dollars as your pay rises along with inflation (albeit with a lag). If inflation is too high, sell some higher priced gold and pay off the loans!!
dmger14 2 years ago
Peter Schiff The Schiff Report Video Blog May 26 2009
Activist judges ignore the Constitution, irony of Fed buying TIPS;
watch?v=ucvJQ7PD0Xo
mitchee009 2 years ago
"North Korea defied international condemnation of its latest nuclear test by firing three short-range missiles off its coast Tuesday and major powers considered tougher action against the isolated communist state."--The Epoch Times, Reuters.
Look how the Chinese Communist Party uses its evil minion, North Korea to muscle the USA.
The following is a short video of the North Korean Games. The Most important fact about this video is the man who is sitting next to Kim Jong-il:
mitchee009 2 years ago
watch?v=gHM5qTpKQUo
Doug, please forward the video to around 3:46. You will see Kim, and next to him is the Evilhead of the CCP, Jiang Zemin; who has launched with 1 Quarter of China's GDP the orchestration of the Live Organ Harvesting of peaceful Falun Gong students, but Also the Tiannamen square Massacre in 1989; and was actually promoted to Military General and is still running behind the scenes.
Anyway, i just want to connect the dots for you. Thank God the CCP is collapsing or else.
mitchee009 2 years ago
The CCP's worst fear is getting themselves into the limelight or attracting attention.The CCP is the Master Manipulator and unfortunately has sucked the Marrow out of America,like a Blood sucking parasite does.What has entered into America all these years, due to sleeping with the CCP,& now basing 80% Consumer market off their slavery system, and now with them being the Biggest Creditor..has been semi-Communism with a mix of Fascism. Russia,under Putin,is vile and corrupt and w the CCP too.
mitchee009 2 years ago
But when everything seems at the last straw, and all seems lost and hopeless... Faith of the CCP Collapse is imminent. Once this vile, rotten, evil specter has collapsed and dissolved, China will again be Free and Prosperous and The Investment into Mainland will be Amazing. Moreover, America will be at peace with China; North Korea and South Korea will come back together, so will Vietnam, and the Free World will be liberated from such tyranny. By that time soon, alot of change my friend.
mitchee009 2 years ago
Hey guys,
check out my collaboration channel, George4genius... breaking the matrix MSM system. Lats, G4T
george4genius 2 years ago
Comment removed
astropath2 2 years ago
GM and Chrysler have taken 36.6 BILLION dollars in loans- of which not a CENT will be paid back.
It is staggering how much money has been laundered through tarp and "off balance sheet Fed deals" in the hopes of "reflating the economy." At the same time enormous sums of money have been lost by average people. These average people have been told, "INVESTING IS A RISK."
No, investing is mainly a risk for the UNCONNECTED! ALAS, THE PIGMEN PROSPER while the workers EAT CAKE!
coultrane 2 years ago
I know it isn't Friday flashbacks, but I'd like to share with you this headline from Barrons online.
Buy GM
General Motors' turnaround could accelerate in coming years, driving handsome gains for bold stockholders. Needed: A jolt from the hybrid Chevrolet Volt.
Anyone, I repeat, ANYONE, who believes these SHILLS deserves what they get.
RIP GM 1908-2009
coultrane 2 years ago
That headline was from sept 2008...
coultrane 2 years ago 3
Coul, I love reading your comments, really insightful too, and i always learn from Wise men like you. please keep posting great comments. You know, you should do some videos yourself. I would subscribe wholeheartedly to your vids.
cheers,
mitch
mitchee009 2 years ago
More green shoots!
Trazom24 2 years ago
more like green puke
nextdimensions 2 years ago
Hey mitchee009, what are the stages?
You are right, it is amazing how feel good sentiment with NO FUNDAMENTAL underpinnings is driving this market. It's all the more reason to be on the sideline buying 2 parts silver, 1 part gold!
dmger14 2 years ago
Dmger14, well you know you can sense it cant you. You make a very good point about silver and gold, and i like that you are more bullish on Silver than gold. Always liked silver better. Copper is very good too, from Chile. Also INVEST in Taiwan. Stay away from China.
The stages, well its hard to tell because the Economy is propped up on Life support and Morphine. If you ask me, the next stage will be Massive.
The biggest change is when the Chinese Economy Collapses, along with the System.
mitchee009 2 years ago 2
Most people Know and Sense what is going to happen, but in reality, they will force themselves to believe in Positive artificial data from the so called, "Economists", and most people are afraid of the truth. Most people also like to stay in Denial.
All in all, No matter what these people do in power to prevent the inevitable, The System has collapsed. The Consumer economy is based of the Slave system in Communist China, how can it sustain? The Printing of all this Monopoly money.
mitchee009 2 years ago 2
The Mortgage refied loans are artificial. If i were to buy a house, i would pay fully in Cash. I am not paying the banks another cent. The Banking system is on the verge of collapse in this country. The Most bank failures in my state of GA. The Face value of the dollar in 2001 compared to a dollar in 2009, just look at the debasement... Frightening! so you can imagine the Devaluation and collapse of the Currency, from all this Paper valueless debt being printed.
mitchee009 2 years ago 2
Also, the ENTIRE fundamental establishment of the Federal banking system is one big giant Evil exploitative scheme; that was created to enslave the citizen into Debt slaves, by aggressively marketing "Credit". Have you ever heard of a "BAIT AND SWITCH". If i knew about the banking system's fundamental Motif and understood the Dichotomy of the Banking System before i took out a loan to pay my rent, I would of NEVER have done so in the first place. ANY Loan for that matter.
Fiat is dead.
mitchee009 2 years ago
Right on Mitch!
coultrane 2 years ago
The Entire Market surges on a fantasy consumer sentiment survey?? What a load of Bollocks! Man, what next, Market surges on fact that Obama says we are Out of money?? Its so Laughable and Shameful. how now, ANYTHING pushes the market up and down.
A survey??A survey Most these people who take the survey have NO CLUE whats going on.Moreover, Prices are so discounted by at least 50-60%, from original pricing indexes, that no wonder people have a high sentiment based on Valueless Durability. Sad!
mitchee009 2 years ago 4
Stocks Jump After Consumer Confidence Level Surges- AP
A more upbeat mood among consumers is spreading to Wall Street. Stocks are extending their gains Tuesday after a research group reported that consumer sentiment rose in May to the highest level since September.
It amazes me, how people are making decisions for investment based on groundless surveys. It just goes to show that we have Not Even reached the 2nd stage yet of the Hyperinflationery Depression.
mitchee009 2 years ago 4
Hey VV,
I wish you the best with your child on the way:) We would absolutely love to have to come speak in Boston! Hope that is one of your destinations:)
P
divxman111 2 years ago
V V - A second vote for you to come to Beantown!
Sustainable2008 2 years ago
Home prices fell 19.1% and the stock market is surging; makes sense.
Eyebeemz 2 years ago
This comment has received too many negative votes show
hey guys, check out george4genius on youtube,
new channel for everybody
george4genius 2 years ago
I bought a pile of silver on last friday. Buying an SKS this week. I hope I am wrong but I believe that this country is designed to fail on purpose because they want a Chinese style control of the population. When you and I start to throw rocks they will break out the shock troops and kick the crap out of the sheeple.
WHEREtheFUNK 2 years ago 5
Comment removed
maradonasublime 2 years ago
Are you talking about Vision Victory? The only solution to the economic depression is less government, which Americans aren't willing to accept. He talks about less government in his videos.
hpd707 2 years ago
Imagine what it will be like later this year or early this year.
kittygiagirl 2 years ago
I was laid of a year ago and unfortunately there are no jobs available in my field, so I am forced to work two retail jobs... many of my customers were laid off. I come into contact with atleast three to four a day who say they were laid off.
kittygiagirl 2 years ago
Warren Buffett just invested in and bought 10% of a Chinese auto company. I don't think he watches these sites on youtube.
He is obviously an idiot, knows nothing about economics, should sell his Wells Fargo bank stock and listen to basement dwellers broadcasting on youtube about how bad things are going to get like visionvictory. Then he may do something right.
marketwatch101 2 years ago
MW101,
ya haf heard of de Iraqi car bomb yes?
haf ya heard of de Chinese car bomb?
what is normal is dat de Chinese people desire same per capita ownership of automobiles as U.S. citizens.
do you believe there is an infinite quantity of EASY TO OBTAIN petroleum?
such belief is normal for U.S.
do you believe there is necessarily a correlation between normality and sanity?
mebbe WB sees the next step that U.S. will be buying Chinese automobiles (at Wal-Mart?).
to that I can only say
WooooHooooo!
bIZAROsPRMN11 2 years ago
flawed logic?
let me tell you something about flawed logic.
is there necessarily a correlation between normality and sanity?
i.e. , if you say that a person is completely normal does that necessarily mean that they are even remotely sane?
how many of you believe there is an infinite quantity of easily obtainable petroleum?
what is *NORMAL*? the entire physical Konstruct of U.S. as well as of the economy is based on premise of endless supply of EASY TO GET petroleum.
bIZAROsPRMN11 2 years ago
Daniel, you should definately have one of those seminars up here in the not so great state of ohio.
Jbreed2011 2 years ago
ohhhh nooo...
a badger has bitten my nose
and won't let go ..
any bodie
got a parsnip...
badgers like parsnips...
chena3 2 years ago
'If Israel doesn't remove Iranian threat, no one will'
If Israel does not eliminate the Iranian threat, no one will, Prime Minister Benjamin Netanyahu said on Monday.
"Israel is not like other countries," Netanyahu told his Likud faction in a meeting which came one week after his meeting with President Barack Obama at the White House. "We are faced with security challenges that no other country faces, and our need to provide a response to these is critical, and we are answering the call."
coultrane 2 years ago 3
It boggles the mind to think how an attack on Iran would affect the economic collapse. Go long on silver and gold.
coultrane 2 years ago
6.66 Million Unemployed??? Pffft--Next you'll try to make me believe the S&P is gonna hit a low of 666...Oh, Wait, that Did happen...Yeah, and I'll Bet you'll float some story about the Illinois Lottery coming up 6-6-6 on the night after Obama's elect--SH*T; that one happened too...
Scary Stuff Daniel--as per always, you make good, calm sense of it, amidst the insanity.
Thanks Bro--Congrat's and Good Luck on the New Baby,
Rob
jablomee5 2 years ago
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The dollar is crashing more rapidly than anybody expected and hyperinflation will be here quickly. Visionvictory is a hero for exposing the truth. Read the articles and signup for the free newsletter at: Inflation . us
jckjti49 2 years ago
I have been buying silver, now am thinking of buying some gold. I have been advised by a couple people to continue to buy silver over gold. Their reasons didn't make much sense to me. Can anyone give a good case for silver or gold, or both. Thanks!
im4osu2ru 2 years ago
Housing Market Being Pounded By New Wave of Foreclosures
As job losses rise, growing numbers of American homeowners with once solid credit are falling behind on their mortgages, amplifying a wave of foreclosures.
Were about to have a big problem, said Morris A. Davis, a real estate expert at the University of Wisconsin. Foreclosures were bad last year? Its going to get worse.
Ya think? By the way, I am going to be buying silver at this price as well!
coultrane 2 years ago
Just a matter of time right now. Been buying silver for 5 years. I say in the next 2 years siver will be moving up faster than people can expect.
nycflag 2 years ago
heroic individuals preparing to care for
themselves and others, as the matrix
begins to glitch and a new reality starts to emerge
6.66 million unemployment fillers ouch
AR15Truther 2 years ago
ZEITGEIST ADDENDUM
melpuzon 2 years ago
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mitchee009 2 years ago
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mitchee009 2 years ago
In 2003 while lobbying leaders to put together the Coalition of the Willing, President Bush spoke to France's President Jacques Chirac. Bush wove a story about how the Biblical creatures Gog and Magog were at work in the Middle East and how they must be defeated.
In Genesis and Ezekiel Gog and Magog are forces of the Apocalypse who are prophesied to come out of the north and destroy Israel unless stopped. The Book of Revelation took up the Old Testament prophesy:
mkdelta69 2 years ago
"And when the thousand years are expired, Satan shall be loosed out of his prison, And shall go out to deceive the nations which are in the four quarters of the earth, Gog and Magog, to gather them together to battle and fire came down from God out of heaven, and devoured them."
Bush believed the time had now come for that battle, telling Chirac:
"This confrontation is willed by God, who wants to use this conflict to erase his people's enemies before a New Age begins".
mkdelta69 2 years ago
In the same year he spoke to Chirac, Bush had reportedly said to the Palestinian foreign minister that he was on "a mission from God" in launching the invasions of Iraq and Afghanistan and was receiving commands from the Lord.
Now we have drones crying about the economy while supporting the puppet masters trashing it to support pathological wars against humanity for nothing but GREEEEEEEEEED. TIME TO GET YOUR HEADS OUT OF YOUR ASSES.
mkdelta69 2 years ago
We need to throw away the bourgeoisie by joining forces with Acorn to move the proletariat into the position of power to exercise rectitude and retribution.
Universal Pre-K for college students!
fomastephanovitch 2 years ago
I've enjoyed your videos, I have 2 a question about silver (if anyone could answer that would be great):
1. If the price and value of silver does go up to as high as people are saying (e.g. 500 oz for a house) then industry will not use it for electronics and photography because it will be too expensive, wouldn't that drive down the price?
2. What justifications are there for silver to be at such a high price and why have mainstream investors not caught on to "peak silver"?
bbc1bbc2 2 years ago 2
You must remember that it isn't the value of silver that is going up, but its nominal price in USD. If the hyper-inflationary scenario pans out, the dollar will become near-worthless. This could happen if it loses its reserve currency status and China de-pegs the renminbi. Just remember Zimbabwe, Argentina, and the Weimar Republic.
As far as Americans will be concerned, all goods will be expensive, silver notwithstanding. Other currencies will not see the same dramatic fall as the dollar.
FrozenOnline 2 years ago
Thank you for your reply.
I understand the price in USD will be increasing, same will happen to gold. VisionVictory and others are suggesting that silver will not only increase in price as a result of the declining dollar, but also because it is being consumed by industry.
So my question is if the value of silver goes up (taking away the decline of the dollar) by the factors that they are suggesting, wouldn't the industry stop using it and try to find a substitute therefore reducing the value.
bbc1bbc2 2 years ago
we're screwed
limitedplay 2 years ago 3
We are lucky, as Free World citizens; Solely compared to Mainland China, in context of the Worst regime in History, namely the Chinese Communist Party.
We are Lucky to be Blessed with the Demise and Complete collapse of the Chinese Communist Party.
America and China will change, once the CCP is destroyed. This Whole world will Change, Only once the CCP is destroyed.
Wait for what is yet to be Exposed inside Mainland China, behind the Red veil.
Soul Stirring, mate.
take it easy,
mitch
mitchee009 2 years ago
So you're blaming all of your problem on one thing.
How american of you... That's pathetic.
melikeKH2 2 years ago
Mel, there is no blame to pass around. I am just clarifying that the CCP, namely the Chinese Communist Party IS the Root of Evil in this World, and is running the Show. Unfortunately the Treasonous so called "American" politicians and corporate devilish executives have been sleeping with the RED dragon for the last couple of decades.
I dont blame your misunderstanding, because you have not read, "The Nine Commentaries on the Communist Party".
It is a Matter of Source, that develops Credit.
mitchee009 2 years ago
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The Chinese Communist Party is the"Leader" of the axis of evil in this world; whose very purpose is to destroy Liberty and Justice for all.
If it was not for the imminent Collapse of the Chinese Communist Party, and therefore Subsequent collapse of the Chinese Economy, the Free World as we know it would be finished.
However, the Evil is Finished in this world, and the stronghold is in China, namely the CCP. This is True and will come to Pass soon.
You see whats going on..Trends my friend.
mitchee009 2 years ago
One thing? Travis, do you know how large this one thing is? this one thing is something, who murderous wrath has caused more death than 2 WORLD WARS combined!
Now the same regime, namely the CCP, IS the largest creditor to the USA. The same regime, who is killing innocent people in Death Camps, and whose is funding America's WORST known terrorists. Not to mention the Traitors in the USA, who have been sleeping with the Red Dragon all these years, enticed by the Slavery system in China.
mitchee009 2 years ago
Xia Yeliang, Professor of Economics at Peking University (PKU), recently wrote an open letter on his blog to Propaganda Minister Liu Yunshan, criticizing the Central Propaganda Departments ideological control, as well as its repression of academic and journalistic freedom.
Xia found it increasingly difficult to put up with the Chinese communist regimes control over the freedom of press and publication. This is the darkest period, and I can no longer endure it," he said.
The Epoch Times.
mitchee009 2 years ago
The CCP's control is even worse than Hitler's Gestapo. --Xia Yeliang, Professor of Economics at Peking University
Travis, for your Insight:
China's Transition to Democracy:
watch?v=s8oaUepvc70
watch?v=58QmbCrZ844
REMEMBER THIS MY FRIEND: "The Truth NEVER Changes, But a Lie Must always be Constantly Retold"
Best wishes,
mitch
mitchee009 2 years ago
The Evil is completely destroyed,and the War between good and evil has been Won; after Many Ferocious battles between Good and Evil.Especially over the last 10 years in China, especially.
All the Axis of Evil are waiting to Ravage and Abolish America once and for all; All evil led by the Funding and Arming from the CCP.
The Leader of the Free World, America,is on bended knees, Fighting for its life.
The CCP has been running the Show.Not for too longer. Then as i said, you will see...Peace.
mitchee009 2 years ago
Unbelievably, home prices have held steady in North Texas. Not a lot of devaluation here. The job market is still stable.
VeriSheri 2 years ago
I live in San Antonio tx and the values have slightly held steady aswell. However, the foreclosure rate is like nothing we've ever seen before. Check your clerk of court records and it will shock you.
SilverWealth23 2 years ago
I really hope vision can do a seminar up north in the near future. People in my area are extremely ignorant! Most actually believe that this depression is "different" and the economy could never collapse. Well i hate to break it to ya people, but this time, "it's not different"
Recepression 2 years ago
' we are out of money ' ...obama may 23 2009
Oh, don't worry too much. There will be spin and qualifications piled upon this admission, most likely before the markets open in Asia on Monday. But this trial balloon of admission is how you start breaking the bad news to people unwilling and ill prepared to receive it.
monday the world plays the market ..while amerika is on holiday ..could get interesting ..take care peoples ..peace out ..remember the fallen ..
chena3 2 years ago
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"""5/24/2009 Join me Tonight at 10:00 p.m. CDT and 11:00p.m. EST Category: Entertainment Call-in Number: (646) 595-2217Free $50.00 Gift Card to the person with the most sensational confession!!!
OfficialADIceCream 2 years ago
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With the dollar crashing, hyperinflation will be here shortly. We all need to prepare. VisionVictory is a hero for spreading the truth. Read the articles and signup for the free newsletter at: Inflation . us
jckjti49 2 years ago
Parents across the US are leading a nationwide revolt against unnecessary, untested dangerous vaccines as CDC records show a growing amount of religious exemptions on vaccine forms, there is NO law that says you have to vaccinate ur children & waiver forms for exemptions are freely available online.Mercury is still being added at completely unsafe levels considering the fact that it is a known neuro-toxin.
watch?v=Aow7Birofo4
watch?v=w7op0m8BtmY
watch?v=i6yIncJnx4U
watch?v=GCKBhTDl4r8
SilverWealth23 2 years ago 2
As for ur precious baby, I suggest stocking up on baby thermometers, breast pumps, diff types of bottles (some babies are extremely picky, like mine was) Breast milk bags for storage, Infant tylenol, infant books, Books on how to make ur own baby food!, food processor, (making your own baby food is much more nutritious than buying the canned crap), of course cloth & disposable diapers. As for research the most important thing to look into is the dangerous side-effects of vaccines.
SilverWealth23 2 years ago 2