Hmm interesting but not convined. In 1929 the markets were not as closely linked as they are today. Today financial crises move much quicker then they did in 1929.
Hmm interesting but not convinced. In 1929 the world financial markets were not as closely linked as they are today. Today financial crises spread much quicker.
My relatives/mom aren't telling me its the bottom at all, they didn't even glance away from the zombie box for a second.
When I try to tell them about whats happening there comments are like ' I always like studing both sides of the story ' when they dont study any side at all.
Want to know when I like my stock purchases best? When I have a faint feeling that I'm going to throw up when I make them ..Those are the moments when fortunes are made. You might not recognize it at the time. You might not know it for years. But it's true. When everyone is down on a stock, or a country, you might as well take a look. Usually, the negativity comes with good reason. But the over-negativity can provide plenty of opportunity. It's been that way forever, and it will always be so.
There is something very cyclical about this chart. Reminds me of a simple harmonic oscillation, a phenomenon that occurs in nature in a multitude of places (sound waves, ripples in a pond, etc.).
Essentially each wave or cycle is smaller than the last, until the signal eventually flatlines.
There is a growing body of evidence to support that humanity works as a progression of waves. Makes sense if systems contructed by humands did too.
Makes sense. We r not our own people. As when a flock of birds or a school of fish changes course simultaneously. People r compelled & propelled by earth rhythms we don't even understand yet. I'm sure some lemmings understand at some level thr fate, but they r compelled by forces beyond thr control or understanding by recurring rhythms or waves in nature.
Found a cool website, its at squidoo/economypolitics(Don't forget the other parts to the url) Its about the economy, gold, silver, fiat money, government, tips..etc. Check it out and help spread the website 2! The truth hurts!
How we going to profit? Invest in companies makeing military Robots like iRobot. Besides makeing terrific house cleaning robots, this company is a main provider of Hunter/Killer Robots & Drones.
You may say there are plenty of people why do we need Robot soldiers? The reason is they don't need, food,water,sex, & R&R. They don't sleep, complain & operate 24/7. They will be stronger & deadlier to human soldiers. The country with the most sophiscated Robot Military will dominate the world.
Today was a stellar day to listen to Bloomberg. They actually had a lot of people speaking the truth. It was clear that most economists see huge trouble ahead for housing, jobs, stocks and the dollar. Bloomberg commentators stated that the views of most economists has become very polarized versus Government, Fed, Treasury Dept and Big Banks,/Brokerage Officials. The answer is simple the economists know the truth and the other group has another agenda and represents the propoganda machine.
Thank you for posting the graph, you are right on the spot for this extended rally. I just worry about what other tricks Obama and friends might come up with in the near futute. Thanks again!
For every $100 in circulation in 1929 by 1932 there were $66 in circulation. Bank failures everywhere, no FDIC. If you think the money supply will shrink then you are on the right track.
I do not believe this rally will last anywhere near 5-6 months. It is now showing major signs of weakness. I loaded up on FAZ at $5.00. Now it's a waiting game.
I wonder what the next scam Geithner and Bernanke will come up with to pump the market? I don't think there are many tricks left up their sleeves. Bring back the the uptick rule maybe? The market can only rally so long without real earnings or a bubble behind it.
Their next trick will probably be to tell bigger lies about unemployment figures,, the conditions of the banks, and consumer spending. They will use as much scotch tape and Elmer glue to hold it together as long as they can, then all hell will break loose. Look for another war to start before Obama leaves office. They think war solves all economic problems.
you got it porche, their fasard can only go on for so much longer. The tricks up their sleeve like stress test are just gimmick... more gimmicks to come until CRACK! SHTF!!!.
No need to lie about the unemployment figures. Just redefine how unemployment is determined and measured, as well as how it is defined, i.e with respect to working hours etc.
I agree with you, but there was a gold standard back in 29, so mass quantitative easing wasn't available.... I think there's more chance of currencies to crash rather than the stock markets
Thanks again, Myspacesecrets. Always interesting and informative. I've noticed many people bringing up history repeating itself over the last few years but esp lately, in many areas.
I remember last year on your vids, showing this. Way to watch! Great job.
The CNBC folks are market shills and cheerleaders. They are always trying to sucker investors into buying stocks. CNBC sponsors are major brokerage firms.
Cargo ships leaving Chinese posts via Hong kong lanes, are high in the water as in they are not carrying much cargo. Ship yards are still building bulk carriers ordered in 2007 when commoditie prices were high, with loans that have not been paid back yet. It dosn't take a genious to see the world is heading for a glut of unpaid for but new bulk carriers. Ships all over the world are sitting at anchor, and have been for months. Google Earths pctures show ports standing near idle.
Wonderful information and speculation. It is going to be very interesting on how this market plays out. Has the market hit bottom or are we seeing false number's?
Great video. The difference between now and the 30s is that in the 30s people were not so over leveraged, were more self sufficient, were not close to breaking point mentally and were tougher and had more common sense. The most important aspect of economics is that it is a social science, so when governments come out with massaged figures of terrible statistics, its real people with emotions we are dealing with. Civil unrest and social collapse are inevitable
Quite a canny vid MSS! Thanks for pointing out these patterns & their long slow way to conclusion...wouldn't have thought that til now.
Lynchian we shall see, big brother wasn't breathing down our necks then at this unprecedented degree & think THAT will be what provokes people most.
Many Icelanders were expressing this giddy relief to watch it all fall down. We too want off this crazy hamster wheel running it fast as we can. To hell with that, Mate.
Another angle to this: Unions roared for fair wages in '32 and got them.
They weren't dealing with outsourcing and soft border populations depressing wages. Though there were PLENTY of sweatshops all over the u.s. and around the world.
Plus, there were no zealous a**holes looking for any excuse to stick in a chip or a vaccine. WATCH those snakes.
In the sixties, RPaul said he bought gold at $35oz! Can you believe that?
Online search: "Beware the Bear Market Rally CNBC"
Current article with 4 pages of charts of the markets from 1929 to the 1980s. interesting quote: "Recovery -- it took until November 1954 for the Dow to get back to its 1929 highs."
That was 25 years. We've a LONG way to go! ='[.]'=
Excellent question! Looking at the posted charts, it's in nominal terms, i.e., the actual posted level for the Dow at a given date. I wish I could post the URL, but the search term "Beware the Bear Market Rally CNBC" takes you right to it. It's a real eye-opener in 4 pages! It marks out peaks, crashes, presumed lows, rallies, bear traps, and recoveries, year by year. =^[.]^=
Good Video I will share this with some Knuckleheads that are telling me things are getting better! What planet do you think they live on? Great Job love your work!
Funny, I subscribed to Bloomberg news when i first signed up to YouTube; and i notice since this latest economic rally, they seem to be reporting happily that we may have bottomed out and now we go up.
But I subscribed to Bloomberg cause of an interview with Marc Faber. If they had him back i think he would simply direct them to this vid and say "myspace explains it very nicely". Then he would say he hoped he was wrong, too.
Yikes.
My radar seems to have honed in on Faber, myspace, and Taleb.
People are so used to the economic boom all over the world that even a small downturn is enough to put the population in a state of hysteria and truly evident depression. The markets are inevitably deleveraging and are doing this with great resistance and defiance to law. When your neighbor goes to the soup lines to get his meals, and you're ok for the time being, beware, it is becoming your turn to swim in the porrage. Things will get very ugly before they get better.
yes too true. But now things are faster, bigger and more manipulated. So we will see a similar style with bigger bang for the buck. Perhaps shorter lived rallies and the bottom coming before three years is up, thats for sure.
myspace, I wanted to write a thing about the federal reserve and how it caused the economic crisis. I dont know the technical information about how exactly it allowed a bubble to be created. do you think you could help me? This information will be given to campaign for liberty members to better argue the truth to people during activist events. Thanks.
This has been flagged as spam show
Hmm interesting but not convined. In 1929 the markets were not as closely linked as they are today. Today financial crises move much quicker then they did in 1929.
0bs3n3 2 years ago
Hmm interesting but not convinced. In 1929 the world financial markets were not as closely linked as they are today. Today financial crises spread much quicker.
0bs3n3 2 years ago
well presented,accurate and true well done
pomplumber 2 years ago 2
I'm so glad that he is showing how real crashes work. I;ve been trying to do that with my channel, but it's hard to get through to people.
DEMCAD 2 years ago
My relatives/mom aren't telling me its the bottom at all, they didn't even glance away from the zombie box for a second.
When I try to tell them about whats happening there comments are like ' I always like studing both sides of the story ' when they dont study any side at all.
Makes me so frustrated/lonely lulz
fox20012 2 years ago
This will prove to be your most eerily correct prediction I suspect. IMHO you are absolutely correct, we are positioned to slid again sharply.
Great Video
wpg420 2 years ago 7
Dont really think all these are predictions. Just the possibility of future events playing out based on history.
Thats what I find interesting about all of this.
myspacesecrets 2 years ago
Good point
wpg420 2 years ago 2
1:00 History does not repeat. History rhymes.
markukkerd 2 years ago 2
Want to know when I like my stock purchases best? When I have a faint feeling that I'm going to throw up when I make them ..Those are the moments when fortunes are made. You might not recognize it at the time. You might not know it for years. But it's true. When everyone is down on a stock, or a country, you might as well take a look. Usually, the negativity comes with good reason. But the over-negativity can provide plenty of opportunity. It's been that way forever, and it will always be so.
marketwatch101 2 years ago
Don't worry about it. Its only money. If you lose it all, it will set you free
robitsme 2 years ago
"Sell in May and go away."
jryan1971 2 years ago 2
You sound like a pirate! Ohoy mates!
mikkybkk 2 years ago 2
LOL
myspacesecrets 2 years ago
"History, Never repeats I Tell myself Before I go to sleep"
-Neil Finn
trunkeight 2 years ago
Myspace, you have been spot on with all of this and the swine flu thing it seems.
What do you think will happen next? I am preparing me and the wife now?
igotflickedoff 2 years ago 6
There is something very cyclical about this chart. Reminds me of a simple harmonic oscillation, a phenomenon that occurs in nature in a multitude of places (sound waves, ripples in a pond, etc.).
Essentially each wave or cycle is smaller than the last, until the signal eventually flatlines.
There is a growing body of evidence to support that humanity works as a progression of waves. Makes sense if systems contructed by humands did too.
Trazom24 2 years ago
Makes sense. We r not our own people. As when a flock of birds or a school of fish changes course simultaneously. People r compelled & propelled by earth rhythms we don't even understand yet. I'm sure some lemmings understand at some level thr fate, but they r compelled by forces beyond thr control or understanding by recurring rhythms or waves in nature.
Clichyabarbes22 2 years ago
yes we have broken some levels. Im currently short but we will see how this thing plays out.
myspacesecrets 2 years ago
That rally is starting to fizzel out. I have heard tales that GM is going to defult on june 1st on debt obligations. should be interesting.
"Those Who Forget History Are Doomed to Repeat It"
Good video myspace
carmenlee87 2 years ago 3
damn myspacesecrets right again!!
DOW getting hammered in preopen.
Myspace thanks this market is dead...as you say.
bigelkhorn 2 years ago 2
Found a cool website, its at squidoo/economypolitics(Don't forget the other parts to the url) Its about the economy, gold, silver, fiat money, government, tips..etc. Check it out and help spread the website 2! The truth hurts!
Anythingwilldo41 2 years ago
So how are we going to profit during our current situation?
gtiapr3 2 years ago
How we going to profit? Invest in companies makeing military Robots like iRobot. Besides makeing terrific house cleaning robots, this company is a main provider of Hunter/Killer Robots & Drones.
You may say there are plenty of people why do we need Robot soldiers? The reason is they don't need, food,water,sex, & R&R. They don't sleep, complain & operate 24/7. They will be stronger & deadlier to human soldiers. The country with the most sophiscated Robot Military will dominate the world.
valhala56 2 years ago 2
I would have liked to see a comparison chart from 2009, however. Best to you.
slobomotion 2 years ago
I love your videos!
Could you place a side by side comparison from that graph to the actual one!? It would be pretty interesting!
Thanks!
Aadryk 2 years ago 4
Great research and Video.
PorscheB06 2 years ago
Also remember back then the money system was sound, the value in the "paper" is pure illusion.
boots920 2 years ago
Awsome work! thanks for your contribution!
centervilletn 2 years ago
Today was a stellar day to listen to Bloomberg. They actually had a lot of people speaking the truth. It was clear that most economists see huge trouble ahead for housing, jobs, stocks and the dollar. Bloomberg commentators stated that the views of most economists has become very polarized versus Government, Fed, Treasury Dept and Big Banks,/Brokerage Officials. The answer is simple the economists know the truth and the other group has another agenda and represents the propoganda machine.
taineasy 2 years ago
Fastening my seat belt , embracing for the crash..thanks great vid.
scorpiusaries 2 years ago 3
thanks for watching.
It will get rough soon, yes tighten your belt.
myspacesecrets 2 years ago
The smart people are not fooled by this sucker rally.
Shut off CN"BS"C they are just cheerleaders.
Don't trust Corporate owned TV.
Great Vid man ! 5 Stars
pinkcheesegreengh0st 2 years ago 10
Most of the people on CNBC are Clueless, and have their head so far up their ass, they look like they have a permanent tan.
PorscheB06 2 years ago
Keep up the good work. Thanks for posting.
pauline404 2 years ago 2
Thank you for posting the graph, you are right on the spot for this extended rally. I just worry about what other tricks Obama and friends might come up with in the near futute. Thanks again!
POSSUMTOHIDE 2 years ago 3
For every $100 in circulation in 1929 by 1932 there were $66 in circulation. Bank failures everywhere, no FDIC. If you think the money supply will shrink then you are on the right track.
marketwatch101 2 years ago
No doubt the Fed will be buying those foreign held stocks that will be hitting the market as the dollar tanks, so no worries, right?
frgtmygld 2 years ago
Great Video, thx for taking the time to do this.
-VisionVictory
visionvictory 2 years ago 5
great to hear from you friend across the pond.
keep up the great work yourself matey.
myspace :)
myspacesecrets 2 years ago
Myspace nails it again!
I do not believe this rally will last anywhere near 5-6 months. It is now showing major signs of weakness. I loaded up on FAZ at $5.00. Now it's a waiting game.
I wonder what the next scam Geithner and Bernanke will come up with to pump the market? I don't think there are many tricks left up their sleeves. Bring back the the uptick rule maybe? The market can only rally so long without real earnings or a bubble behind it.
JP5466 2 years ago 3
Their next trick will probably be to tell bigger lies about unemployment figures,, the conditions of the banks, and consumer spending. They will use as much scotch tape and Elmer glue to hold it together as long as they can, then all hell will break loose. Look for another war to start before Obama leaves office. They think war solves all economic problems.
PorscheB06 2 years ago 3
you got it porche, their fasard can only go on for so much longer. The tricks up their sleeve like stress test are just gimmick... more gimmicks to come until CRACK! SHTF!!!.
myspacesecrets 2 years ago
No need to lie about the unemployment figures. Just redefine how unemployment is determined and measured, as well as how it is defined, i.e with respect to working hours etc.
chuckles1125 2 years ago
Thanks so much!!!!
crasster1 2 years ago 2
I think I have found a genius!
highbury10 2 years ago
ha ha no way!, think of me as just a good friend helping out another good friend. That's all!
myspacesecrets 2 years ago
Great chart! Great info! You're right; the patterns are eerily similar indeed.
fal2grace 2 years ago
dude i've followed you since your first video. pm me your full name so i can add you on facebook. Being a fellow aussie and all.
chrisbeer 2 years ago 2
I agree with you, but there was a gold standard back in 29, so mass quantitative easing wasn't available.... I think there's more chance of currencies to crash rather than the stock markets
ozwasp 2 years ago
Thanks again, Myspacesecrets. Always interesting and informative. I've noticed many people bringing up history repeating itself over the last few years but esp lately, in many areas.
I remember last year on your vids, showing this. Way to watch! Great job.
ChrmdLabradorite 2 years ago
thx for watching Chrm. :)
myspacesecrets 2 years ago
The CNBC folks are market shills and cheerleaders. They are always trying to sucker investors into buying stocks. CNBC sponsors are major brokerage firms.
FGTBOGSAT 2 years ago 5
Cargo ships leaving Chinese posts via Hong kong lanes, are high in the water as in they are not carrying much cargo. Ship yards are still building bulk carriers ordered in 2007 when commoditie prices were high, with loans that have not been paid back yet. It dosn't take a genious to see the world is heading for a glut of unpaid for but new bulk carriers. Ships all over the world are sitting at anchor, and have been for months. Google Earths pctures show ports standing near idle.
Puzzoozoo 2 years ago
Thanks myspace!!
YOU GO LABARTIC!!!!! God bless....
gramig0 2 years ago
Wonderful information and speculation. It is going to be very interesting on how this market plays out. Has the market hit bottom or are we seeing false number's?
Time will tell.
RobBryan206 2 years ago
history,,hmmm,,interesting,l ,,will send this video to a few friends who lost money,,
Antoniowish 2 years ago
magnetic channel dude. Cant keep away.
me and wife cant wait for each of your updates. Another well done job here. thankyou for your hard work! *** thumbs up ***
quit2day 2 years ago 2
Great video. The difference between now and the 30s is that in the 30s people were not so over leveraged, were more self sufficient, were not close to breaking point mentally and were tougher and had more common sense. The most important aspect of economics is that it is a social science, so when governments come out with massaged figures of terrible statistics, its real people with emotions we are dealing with. Civil unrest and social collapse are inevitable
Lynchian74 2 years ago 4
Quite a canny vid MSS! Thanks for pointing out these patterns & their long slow way to conclusion...wouldn't have thought that til now.
Lynchian we shall see, big brother wasn't breathing down our necks then at this unprecedented degree & think THAT will be what provokes people most.
Many Icelanders were expressing this giddy relief to watch it all fall down. We too want off this crazy hamster wheel running it fast as we can. To hell with that, Mate.
Stop the world we want to get off!
deckchairs1 2 years ago
Another angle to this: Unions roared for fair wages in '32 and got them.
They weren't dealing with outsourcing and soft border populations depressing wages. Though there were PLENTY of sweatshops all over the u.s. and around the world.
Plus, there were no zealous a**holes looking for any excuse to stick in a chip or a vaccine. WATCH those snakes.
In the sixties, RPaul said he bought gold at $35oz! Can you believe that?
deckchairs1 2 years ago
I turn Bloomberg and Cnbc off these days. Unless they have someone interesting and intellectual. Which is about once in a cheese moon. LOL
myspacesecrets 2 years ago
Online search: "Beware the Bear Market Rally CNBC"
Current article with 4 pages of charts of the markets from 1929 to the 1980s. interesting quote: "Recovery -- it took until November 1954 for the Dow to get back to its 1929 highs."
That was 25 years. We've a LONG way to go! ='[.]'=
Raycheetah 2 years ago
Was that in nominal terms or inflation adjusted?
Trazom24 2 years ago
Excellent question! Looking at the posted charts, it's in nominal terms, i.e., the actual posted level for the Dow at a given date. I wish I could post the URL, but the search term "Beware the Bear Market Rally CNBC" takes you right to it. It's a real eye-opener in 4 pages! It marks out peaks, crashes, presumed lows, rallies, bear traps, and recoveries, year by year. =^[.]^=
Raycheetah 2 years ago
bigelkhorn here.
Myspace went back and see that your other predictions have come true. Amazing... this is a channel not to be missed. You guys in OZ rock.
Thanks your a friggen genius!!! :)
bigelkhorn 2 years ago 8
Cheers for the heads up mate. Shall be very, very careful day trading longs.
Tis a shame more Aussies aren't as switched on. Doing a good thing with all your vid content.
stevie29878 2 years ago
Good Video I will share this with some Knuckleheads that are telling me things are getting better! What planet do you think they live on? Great Job love your work!
winbri5 2 years ago 2
Funny, I subscribed to Bloomberg news when i first signed up to YouTube; and i notice since this latest economic rally, they seem to be reporting happily that we may have bottomed out and now we go up.
But I subscribed to Bloomberg cause of an interview with Marc Faber. If they had him back i think he would simply direct them to this vid and say "myspace explains it very nicely". Then he would say he hoped he was wrong, too.
Yikes.
My radar seems to have honed in on Faber, myspace, and Taleb.
Opiman000 2 years ago 2
ewffaces very much appreciated.
To all my subscribers thanks.
myspacesecrets 2 years ago
People are so used to the economic boom all over the world that even a small downturn is enough to put the population in a state of hysteria and truly evident depression. The markets are inevitably deleveraging and are doing this with great resistance and defiance to law. When your neighbor goes to the soup lines to get his meals, and you're ok for the time being, beware, it is becoming your turn to swim in the porrage. Things will get very ugly before they get better.
curiousEGM 2 years ago 2
DOW 7000 by June 2009. The train will probably lose steam with GM hitting the ropes. Market is going sideways right now.
curiousEGM 2 years ago
inetresting history is definitely repeating itself only this time its brought an a mother of an amplifier.
zwarst 2 years ago 3
yes too true. But now things are faster, bigger and more manipulated. So we will see a similar style with bigger bang for the buck. Perhaps shorter lived rallies and the bottom coming before three years is up, thats for sure.
martialarm 2 years ago
"Those who do not learn from history are doomed to repeat it." George Santayana
7hevo1d 2 years ago 3
Love your work mate. Thanks for update - it keeps me focused on the real world.
PlatinumGordon 2 years ago 3
myspace, I wanted to write a thing about the federal reserve and how it caused the economic crisis. I dont know the technical information about how exactly it allowed a bubble to be created. do you think you could help me? This information will be given to campaign for liberty members to better argue the truth to people during activist events. Thanks.
labartic 2 years ago 3
sure send me a pm labartic.
myspacesecrets 2 years ago
thanks guys just trying my best.
Thanks for your kind words.
myspacesecrets 2 years ago
Nice video MSS. Bottoms UP!! :)
PerfectFuNK 2 years ago 3
Spot on myspace. 5 stars.
Please dont ever stop with your vids. You are a blessing. 3 cheers for you.
bigelkhorn 2 years ago 7