Which of you for all his worrying can add one day to his life, one inch to his stature, So don't concern yourself so much with the means of life, What you shall eat and drink or with your bodies and how they should be clothed. Life is more than clothing. Consider the birds of the air, they do not sow or reap or gather into bands, But our Heavenly Father feeds them. Will He not all the more feed you, Are you not worth more than they?
so, what happened on oct 25? is someone just trying to distract us, making us believe in, and wait for all these "dates" and prophecies? or did something really happen with the dollar? im confused.
I hold a MS in biochemistry and have such a hard time learning about and understanding economics, even after studying through people like endless mountain for 2-3 years; it's no wonder the majority of people haven't the foggiest idea what's going on.
Good! For me, the web bots turning point happened this weekend with the USA's declared state of emergency. There are now refuseniks all over the world. About 80 per cent. of the French here will not take that shot full of mercury and aspartame. First time I ever knew such as thing in so many countries.
It is hard to wait but remember that this process of collapse really started in the late 90's. I would point the finger at 1996, it might take years before this finally plays out but in the scheme of an economy even this is quite rapid. It has taken over ten years to get to the point we are at today and it may take 5 years yet before the dollar collapse occurs but the trends which will make that happen are still well and truly in play.
My understanding of why the dollar strengthens when asset prices fall, is because of so much of the worlds assets denominated in dollars, so if you want to sell those assets, then you are demanding USD in order to get out of the asset which includes all commodities in the whole world at the moment, so effectively if demand falls for those assets, then demand must rise for USD as everyone sells those assets into dollars due to liquidation
Also, as people deleverage, then that deleveraging is a contraction in the money supply, as credit is money, so as the amount of credit in the system contracts, it effectively reduces the amount of dollars around, making them a scarce asset in themselves, and so increasing their purchasing power to later buy back the same assets you may have sold but at much cheaper than the price you sold them, effectively bringing a relative profit. So you effectively short the asset and go long dollars?
Hmmmmmmmm?! I'm still waiting for somthing to pop off? Terence Mckenna had the end of this month as an important time in his timewave models too! I dont think were out of the woods yet! I'll be waiting for a few more days before I settle back down!
Actually it is simpler. The dollar goes up which means less inflation and higher prices a result of inflation so more dollars in circulation with cheap credit produces cheap dollars and thus higher prices which increase corporate earnings in nominal terms and if the dollar goes up purchasing power increases and thus lower prices and less inflation revenue for corporations. Dollar UP Dow Down and Dollar Down Dow UP. Simple.
Dont forget all the interest they are charging that doesnt exist! money is tight and what are they doing jacking rates even higher on consumers! Now you know this is not going to work and lead to more losses!
Yes they are trying to get people to pay the balance off becasue they need cash. And if they cant pay, well bendover. But I have news for these CC Companies there are plenty of folks out here that are defaulting or are going to default JUST TO REVOLT! Bakers and Wallstreet have gone way to far! The average American is in debt $343,000 and growing! My 5 year old is already 343k in the hole. These Bankers take our money from Treasuries issued and lend it back at WHAT F Them They can go to hell!
Looks like the Chinese are going to be able to buy some more Gold on Sale. Dollar up Gold Down big today. Gold under a $1,000 would bring in huge accumulation buys.
$1,000 is coming back (pending a big surge over 1,250, which is unlikely to happen first.)
At least my probable odds of Gold at $1,000 again is over 85%, which becomes very strong.
Gold had a big level of resistance at 700 a few years ago. When it broke it, we seen it go to $1,000 to under 699 bottom (exactly at that previous key level). Therefore gold to 1,400 back to 1,000 is not a surprise either.
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Which of you for all his worrying can add one day to his life, one inch to his stature, So don't concern yourself so much with the means of life, What you shall eat and drink or with your bodies and how they should be clothed. Life is more than clothing. Consider the birds of the air, they do not sow or reap or gather into bands, But our Heavenly Father feeds them. Will He not all the more feed you, Are you not worth more than they?
Fear Not, Love those that hate u - Jesus
See NWO Solution
MysonbeWise 2 years ago
I mean before the u, jeez
maximumcorruption 2 years ago
/watch?v=sHX9ON657SA&feature=sub Sorry there shouldn't be a space after the u
maximumcorruption 2 years ago
/watch?v=sHX9ON657SA&feature=sub December 31st deadline! Important info. Copenhagen treaty to be signed by all governments of the world! NWO
in fast forward mode They will not be taking votes on this issue H!N! is a distraction, so they can sign this NWO agreement.
maximumcorruption 2 years ago
so, what happened on oct 25? is someone just trying to distract us, making us believe in, and wait for all these "dates" and prophecies? or did something really happen with the dollar? im confused.
lunalas 2 years ago
Google Search "Capmark Bankruptcy for the answer"
endlessmountain 2 years ago
I hold a MS in biochemistry and have such a hard time learning about and understanding economics, even after studying through people like endless mountain for 2-3 years; it's no wonder the majority of people haven't the foggiest idea what's going on.
PandoraLeigh 2 years ago
Google Search "Capmark Bankruptcy for the answer"
People do have the foggiest idea, because the MSM is not giving much info on this.
endlessmountain 2 years ago
check it out dude , the us mint have sold out of 1oz silver eagles, its been 2 weeks ,no coins !
cosmicguerilla1 2 years ago 2
Good! For me, the web bots turning point happened this weekend with the USA's declared state of emergency. There are now refuseniks all over the world. About 80 per cent. of the French here will not take that shot full of mercury and aspartame. First time I ever knew such as thing in so many countries.
slobomotion 2 years ago
I"m tired of waiting and waiting and waiting.....
whiskerchild 2 years ago
It is hard to wait but remember that this process of collapse really started in the late 90's. I would point the finger at 1996, it might take years before this finally plays out but in the scheme of an economy even this is quite rapid. It has taken over ten years to get to the point we are at today and it may take 5 years yet before the dollar collapse occurs but the trends which will make that happen are still well and truly in play.
Choros22 2 years ago
Watch WAMUed Nation
v=NxGBwExQDdU
Writious 2 years ago
Hyper Deflationary Period. Till 1st week of Jan I think then the padlocks and for lease signs come out.
vashguud 2 years ago 2
Could you do a video showing your junk silver collection Derek?
JOConnor100 2 years ago
My understanding of why the dollar strengthens when asset prices fall, is because of so much of the worlds assets denominated in dollars, so if you want to sell those assets, then you are demanding USD in order to get out of the asset which includes all commodities in the whole world at the moment, so effectively if demand falls for those assets, then demand must rise for USD as everyone sells those assets into dollars due to liquidation
mlndstream 2 years ago
Also, as people deleverage, then that deleveraging is a contraction in the money supply, as credit is money, so as the amount of credit in the system contracts, it effectively reduces the amount of dollars around, making them a scarce asset in themselves, and so increasing their purchasing power to later buy back the same assets you may have sold but at much cheaper than the price you sold them, effectively bringing a relative profit. So you effectively short the asset and go long dollars?
mlndstream 2 years ago
On the list of bank failures... and the list goes on and on. This unfortunately is only the begginning.
lindabebe835 2 years ago
where do you think FAZ is headed? Ive done pretty well with it lately especially the last two trading days.
marslaunchpad 2 years ago
webbot prediction?
keitheeds 2 years ago
Hmmmmmmmm?! I'm still waiting for somthing to pop off? Terence Mckenna had the end of this month as an important time in his timewave models too! I dont think were out of the woods yet! I'll be waiting for a few more days before I settle back down!
TheSubterraneanTruth 2 years ago
Actually it is simpler. The dollar goes up which means less inflation and higher prices a result of inflation so more dollars in circulation with cheap credit produces cheap dollars and thus higher prices which increase corporate earnings in nominal terms and if the dollar goes up purchasing power increases and thus lower prices and less inflation revenue for corporations. Dollar UP Dow Down and Dollar Down Dow UP. Simple.
formulaprimer 2 years ago
Dont forget all the interest they are charging that doesnt exist! money is tight and what are they doing jacking rates even higher on consumers! Now you know this is not going to work and lead to more losses!
jonah70757 2 years ago 3
I am hearing CC companies need to increase the rates of interest over 30% to just to make ends meet.
endlessmountain 2 years ago
Yes they are trying to get people to pay the balance off becasue they need cash. And if they cant pay, well bendover. But I have news for these CC Companies there are plenty of folks out here that are defaulting or are going to default JUST TO REVOLT! Bakers and Wallstreet have gone way to far! The average American is in debt $343,000 and growing! My 5 year old is already 343k in the hole. These Bankers take our money from Treasuries issued and lend it back at WHAT F Them They can go to hell!
jonah70757 2 years ago
No way will you see Citi, B of A or Chase on that failed bank list! They will be saved by the taxpayers.
networkingman 2 years ago 5
2010 - 2011 time frame
endlessmountain 2 years ago
I was thinking the samwe thing about
B of A. Half the American households bank with them.
Kashmir2000is 2 years ago
Well more than half of the households will take the hit also with their eventual collapse
endlessmountain 2 years ago
Have you seen the volume of trade of CIT on the way down. Looks like lots of shorting going on.
DavidAKZ 2 years ago
Champan said it was the chinese buying gold so they shorted it.
Hopefl1 2 years ago
Looks like the Chinese are going to be able to buy some more Gold on Sale. Dollar up Gold Down big today. Gold under a $1,000 would bring in huge accumulation buys.
jonah70757 2 years ago 4
Well then so should we on the cheap.
Hopefl1 2 years ago
$1,000 is coming back (pending a big surge over 1,250, which is unlikely to happen first.)
At least my probable odds of Gold at $1,000 again is over 85%, which becomes very strong.
Gold had a big level of resistance at 700 a few years ago. When it broke it, we seen it go to $1,000 to under 699 bottom (exactly at that previous key level). Therefore gold to 1,400 back to 1,000 is not a surprise either.
endlessmountain 2 years ago