Economy and Stock Market Update (October 30, 2009)

[cultivatelife]

webbot a failure or not, it doesn't matter. Either way, it is dangerous. We already know thru facts and figures what lies ahead. Why do we need a confirmation from a system we do not and cannot wholly understand? Let's stick to what we know and prepare for it. keep it simple and steer clear from the ego building, "I told you so". It does nothing for us. Either you're prepared or not. Thanks for you vids endlessmountain. peace.

[drewd1987]

Ron Paul > Web bot.

[Donaldwar817]

U.S. Mint is not making the 2009 American Eagle gold proof and uncirculated sets because of the demand for gold.

[harveybirdmannequin]

CIT files for bankruptcy today! Nov 1.

Also, people are catching on that unless you have physical gold in your hands, those gold futures contracts, ETF's, and equities in mining companies are worthless.

Has anyone tried to buy physical gold? Have you seen the markups from spot gold prices even though in most countries gold is not taxed? They are realizing that there is only a fraction of physical gold in existence needed to redeem all that PAPER gold. Gold should be over $10,000/oz.

[carmenlee87]

Webbot is still interesting stuff. Im sure there are other programs out there that the military use. They got all these supercomputers

[JiveDadson]

Webbot is nonsense.

[Donaldwar817]

Webbot made a similar prediction for September 19th 2007 and compared the event to sept 11th 2001.. People found little things that happened around that time to make the prediction seem valid just like they are now for the Oct 25th prediction. Wikipedia doesnt list anything significant happening on Sept 19th 2007.

[Donaldwar817]

have we started to narrow down any ideas of the Sept 25th prophecy? i'm still being open minded and giving it another week to play out.

[iloveterriers]

Good video endlessmountain.

[MrZ421]

Yeah, I do also like the Zimbabwe banknotes for demonstrating a FIAT currency.

Nice to see that you'r also one of the more 100 trillion dollar rich people in this world. ;)

[cosmicguerilla1]

nice one , might short the $ too at 200 ma .

cheers

[goodagofilms]

The problem with this econoimic Collapse is it takes so long to work it's way out. People have very short attention spans. Every event that happens, they have already forgot the last one.

Our grand children will read about these times in text books.

[matushka78]

3 things happened on and around oct 25

1. BHO declared swine flu national emergency

2. Capmark filed for Chap 11 bankruptcy, commercial real estate is starting to unravel now

3. the biggest under the radar story - Saudi Arabia dropped WTI as price benchmark for U.S. crude - this is HUGE...

[tesskansas]

I heard that COMEX announced that they would accept gold to cover contracts. Please verify, as I do not recall the source.

[deadman12078]

Thank you.

[kilo199999999]

I wish I had SKF today..doh.

[kevink040]

it's hard to say what the future holds for PM's, but one thing I know is, even if the price drops precipitously you still have the physical product - and the good chance that the price will recover

in time.

unlike paper investments and stocks- when they bottom out, theyre gone for good!

[kevink040]

the BIG difference between the Deflation of the 1930's and today is the fact that U.S. currency wasbacked by silver and the coinage was 90% silver.

today U.S. currency is backed by nothing, and the coinage is clad.

that is why they can print endless mountains (no pun intended) of currency with no worry of ever having to back it with anything real.

[yugster78]

maybe the powers that be threw that 3.5% GDP figure in becuase they knew things were going like fart in a fire storm and they needed some desparte good news.

[brendandylanmaloney]

I read that all people of the world in government, etc. will be replaced with light beings pretty soon,that is why we dont really know what the hell is going to happen in the future.I mean I definately know things will change significantly.There are so many posibilities it is endless.

[huskie767]

folks be careful with PM's....don't get creamed by the biggest period of deflation (long term) since FDR's great depression delivered to you by BHO. BHO is FDR all over again!

[POSSUMTOHIDE]

Thank you for the information! Many large movements are going on behind the scenes- 100% in agreement!

[bookbinder66]

a deal was done to tank one of the big us banks with all the toxic waste , that could do it, then pull the plug on it in early 2010

[fatpius]

watch?v=B-ACbOx1YT4

time to search and find ppl we can realte to asap. no time to be alone.

[REDEMPTIONthreadz]

so what are the chances of a stock market crash in the next few days/weeks in your opinion Derek? Can the charts indicate such a thing?

[endlessmountain]

days, as in next week (SLIM)

Next few weeks (Possible)

Into 2010 (Highly Probable)

[navtel]

911 = inside job.. all to bring about war.. anger the people to start a war, simple.

[endlessmountain]

evidence points to the case of the powers that be setting this up. Bush was so easy to read when confronted on the issue.

[marslaunchpad]

$FAZ is treating me well in all of this

[endlessmountain]

Those direxions have wild movements to them.

[Writious]

watch - What Caused the Stock Market Collapse Sept-Oct 2008:

v=w-zmNJqP9Fs (very short - 0:2:23)

[bigsteelguy]

Once again Derrek great Video

[Happen2008]

Why are you sounding irritated. thanks for the video. Always looking forward to a new vid by you.

[endlessmountain]

there are reasons behind this issue.  Mainly many little things.

[revolutionnot]

Today, apparently, is the last day of the financial year for mutual funds. The stock market going down may be a result of these mutual funds cleaning house. This does not explain the VIX though.

[endlessmountain]

I think there is more to the vix movement as the markets didn't lose that much in co-ordinance with the VIX

[shawnaspen25]

Monday, Dow down 800 points!!!!

[REDEMPTIONthreadz]

Is that a gut feeling? why do you think so?

[shawnaspen25]

Because the S&P PE ratio is around a all time high of 136ish.  Commercial real estate is collapsing and the people on CNBC are driving me fucking nuts! Also the markets are showing all the signs of topping.

[endlessmountain]

Thats optimistic (for the bears)

[slobomotion]

This past weekend was a whirlwind of weird activity, including Turkey not dealing with USD or the euro in its dealings with Russia and China. Stock markets sharply down today. A hectic week, and missile attacks in . . . um . . . Lebanon? Syria? Oh, heck, I'm tired. Oh yeah the GDP is up, right? Yay. Parsnips. State of emergency, many bank and brokerage firms in maintenance on Sunday, too weird! Parsnips!!

[endlessmountain]

I am noticing that also. The Philippines keeps getting weather hits every week it seems and more and more is happening.

[kevink040]

Hi Derek, are you still Bullish on Silver?

I havent heard any new info from you lately, just wondering what your long outlook is? thanks.

[endlessmountain]

If I have a $1K Silver poster, which is the final prize I think Silver has before it dies, what does that say?

I am bullish LONG RUN for all assets that are usable and in demand. Silver is one of them for many great reasons of its uses and its supply levels.

[kbdory]

if stocks continue to fall, do you think silver will continue to fall also? I thought that gold will fall with stocks, but it has only fell a tid bit. Should I wait to buy more silver, or should i buy now while i can, or should i buy half now, and half later. What are you all doing?

[endlessmountain]

If the dollar goes higher (which it should) for a month or two, then this could and should bring metals down with it also.

If you buy in periods this works out for you. If you wait to buy a big lot you are taking a calculated gamble.

[drutter]

This week is no different from last week or the week before. Webbot was predicting a 911-like event. It wasn't predicting a quiet day followed by a normal week. It's not magic, it's just a computer program.

If you focus too much on pseudo-science, you'll lose credibility with the TRUTH movement.

[endlessmountain]

If anything, I need to focus more on my attention on consciousness, for it is needed at this point. It is so evident with these comments, for the more reasonable way of seeing the webbot is a guide of the law of attraction, and more people in my opinion should be aware of this.

Therefore, I need to do more, and if people don't like it.. Fine.. Im not trying to win people over, but to give the truth in the best form I can. This is very important for the 2012 cycle of consciousness.

[GoldenBoughTrader]

The thing is merely observing an event changes it. Merely making a prediction about the future changes that future. That's one of the problems I have with the webbot.

[endlessmountain]

future is always in constant change as said by many spiritual masters, and I can see how this is so with the law of attraction.

We can't stop not changing the future

[GoldenBoughTrader]

Right. Of course. I was speaking specifically though to the Heisenberg Uncertainty Principle, a QM phenomenon that has been verified many times over. Specifically, even if just one person observes a phenomenon it changes that phenomenon. So if a bunch of people are looking for an event to happen at 7:00 AM Oct 26th, it will necessarily change that event. It's not meant as a criticism of the Webbot, I'm saying it's a limitation of the Webbot. or any predictive method, e.g., Elliott Wave Theory.

[loai050]

Been waiting for you tonight Derek, we've had a long wait, now here it is.

[popomp1]

I feel something happen to you can see a big build up of something what I do not know -