Lehman Brothers, 1 Year Later and the Jobless Stock Market Recovery. Interview w/ Bradford Hansen.

[86scottttocs68]

You know I knew about the people on unemployment the people cut, the people who are just getting out and looking for work, people on wellfare, and imagrent workers but i didnt even think about people retireing

[AR15Truther]

Enjoyed the interview thank you

[entriguedbayu]

Thirsty..... VV? lol

[loveguitars]

V,

I like your videos a lot. But am getting a little confused. Why have the CEO of CSL FINANCIAL GROUP on your video. What is this Group offering for us to get out of the dollar?

[tonapah141]

another jonathan Lebitz???

[gow75]

it is going to take an awful lot to bring down the dollar.

[lamchee58]

probably not-a new currency by china & russia together may brought dollar crumbling down. I only hope it does not happen so soon but the major hike in value of gold & silver indicates this may not be too far.

[coultrane]

The Federal Housing Administration is losing so much money on delinquent mortgage loans that its reserves will drop below the required 2% of loans, FHA Commissioner David Steven in a story published Friday. Stevens said the agency would announce steps on Friday to boost the reserves, without asking Congress to bail out the agency. The FHA will ask that banks take responsibility for losses due to fraud, he said. The FHA is now guaranteeing about 23% of new mortgages, up from around 3% in 2006.

[chena3]

wells fargo ...sued itself last month .. serious business ..one division sued another... wells fargo.. selling themselves mortgages at the 90 day mark..before foreclosure ..so they don't have to mark to market... some thing else ...brain dead ..long day time to relax.... roast a few parsnips play with the badgers .. take care guys .. watch out for stage coaches .. some thing wicked this way comes..

[coultrane]

Exclusive Wells Fargos Commercial Portfolio is a ticking time bomb

In order to sort through the disaster that is Wells Fargos (quote: WFC) commercial loan portfolio, the bank has hired help from outside experts to pour over the books and they are shocked with what they are seeing.

bankimplode. com/blog/2009/09/17/wells-farg­o-s-commercial-portfolio-is-a-­ticking-time-bomb-exclusive/

[chena3]

badger poo

bailout ...

[CASTILLOM1]

There is a video here on YouTube for anyone interested called The Money Masters that accurately predicts this engineered collapse in 1997. Gives causes, reasoning and solutions.

[chena3]

big piles of badger poop...

down grade of billions of triple aaa ....

S&P Action Affects Nearly All Rtgs Assigned To Corp Cash Flow, Hybrid, Synthetic CDO Transactions

Last update: 9/17/2009 3:43:30 PM

(MORE TO FOLLOW) Dow Jones Newswires (212-416-2400)...

this is some serious bad news ...

[coultrane]

S&P Revises Methodology For CDOs

Standard & Poor's Corp. has revised its method for rating complex structured investments backed by corporate debt. Outstanding CDOs are likely to face multilevel downgrades after these changes, according to Thomas Gillis, chief credit officer at S&P.

"Our preliminary estimates are that outstanding synthetic CDOs will likely experience an average downgrade of four notches," he said.

online.wsj. com/article/BT-CO-20090917-711­422. html

[coultrane]

The change represents a "significant recalibration" of its criteria to rate collateralized debt obligations. The ratings agency said the update could affect nearly 5,000 corporate CDO tranches worth about $578 billion.

[coultrane]

Bailout part II coming soon!

[GanjaZombi2]

Sometimes you have to be base and crude to get your point across so here goes; I am investing in Vaseline petroleum jelly because of the future shortages; Joe Sucker's are going to need it for their sore and dilated butt-holes after the corporate pigs ass rape these imbeciles.

[CASTILLOM1]

Hahahahaha!! Nice!! How do I invest??

[chena3]

castillom1

invest in parsnips ....

[CASTILLOM1]

Always great MacroEconomic information Daniel keep up the good work. For any viewers that want GREAT Microeconomic information check out THE MASTER PATTERN report with Dr. Bob Flower. The man is brilliant in his calls on silver, gold, oil and stocks.

[Trazom24]

Just did, thanks. He makes a lot of predictions and seems to be very accurate but I find some of the details (facts) are lacking, particularly in making his calls. Perhaps this is for paying customers or clients? Anyway, he says in one of his later videos to expect directional movement in silver on Sept. 21. Not exactly sure what that means, but it has moven nicely over the past few weeks.

Is something big going down on Monday regarding silver that I don't know about?

[orion900]

Outstanding video, thanks for all the hard work.

[chena3]

118.6 trillion

close to

one eighth

of a freaking

quadrillion ..

[coultrane]

Sprott September Commentary: Total US Government Obligations At $118.6 Trillion

zerohedge. com/article/sprott-september-c­ommentary-total-us-government-­obligations-1186-trillion

[donharrold]

VISIONVICTORY - The "insider selling" comments are precisely the point. Sad to say this is the exact situation we saw in 2007. It took a few months to work through, but, then - well, we know what happened. What is so hilarious is when "bulls" will say, "Look, Warren Buffett is buying now," (or some other "wall street hero") and they will use that as evidence of a market about to scream higher, yet, the same "bulls" ignore when 8-to-1 the rest of the "insiders" are diving out. Funny stuff.

[GanjaZombi2]

Bit of a typo, that's UNPARALLELED wisdom, thanks again.

[GanjaZombi2]

Hey vision, I want to apologize to you for past comments, I was naive about the guile and financial debauchery that was going on. In the past I have been a contrarian; purposely being obstinate and opposing your views although everything you have stated is true. I am taking your advice on gold and silverand will be an ally to you from now on, thanks for your unparalled wisdom brother.

[coultrane]

Kinross Says Gold Industry Faces Reserve Crisis (Update2) Kinross Gold Corp., Canadas third- largest producer of the precious metal, said the gold industry is facing a crisis of declining reserves as investor demand outpaces supply.

bloomberg. com/apps/news?pid=20601082&sid­=atxJ5yqO73DY

[unitycenter]

a clear look at financial news

[redbones01]

What would be the implications to personal debts like car loans be when the economy/dollar crashes? Should I try and pay it all off before thing hits the fan? Thanks

[drgwynn]

Don't forget, Bernanke also said in 2006 that he didn't think a significant nationwide decline in home values was a realistic possibility. He must have gotten his job because of that very nicely trimmed beard. He's obviously either oblivious to real economic trends, or he's lying. I'm going with the latter. Keep up the good work VV, we're watching and learning.

[ADoseofReality1]

Still think the DOW is going to 4000 in February?

[ramasast]

Yesterday benake said resusion over. whats your reaction and comment. expecting good video soon

[visionvictory]

He also said we wouldn't go into a recession and that we would have a summer recovery in 2008.

[micollision]

a jackass calling a jackass a jackass.......jackasses !!!! obama/kane west

[coultrane]

HR 1207 Now Has The Support Of 290 Voters: Guarantees Passage

In a critical development for the future of the Federal Reserve, Ron Paul has confirmed that today HR 1207 has garnered the elusive one vote to bring it to a total of 290, or a two-thirds congressional majority.

Please call your senators and tell them to support S. 604 to audit the Fed.

Capitol Switchboard (202)224-3121

Also, expect some severe volatility when the bill passes the House. Never underestimate a cornered crook.

[chena3]

wed.afternoon ..

silver 17.40 $ per z

DXY......76.18

basically new low for year ..

secure your capital guys ...

some thing wicked

this way comes

[coultrane]

US dollar is down 14 percent from its March levels.  I think a strong dollar policy speech is due.

[visionvictory]

LOL :)

[GanjaZombi2]

The stock market is Corporate Pig Powerball and the jackpot is ever burgeoning, the last pay out was in Feb' 09, according to Vision sometime in the Fall is the next drawing. The Swines are waiting for the pool to be swollen and distended just right before they purge this bitch and abscond like before.

[coultrane]

A third of Karzai votes may be fraudulent, EU official says

The EU's monitor for Afghanistan election suggests that 1.1 million of the incumbent president's votes must be investigated.

Fighting for freedom?!

[GanjaZombi2]

Vision, this market has copious brazen audacity to rally in the face of atrocious fundamentals, it's uncanny; just like last year this contrived market rebound will be squelched and alot of pauperized and depleted Joe suckers will wonder why.

[Stan1208]

Stocks up again today. Huge rally since March. Anyone who listened to the gloomers have missed out. Anytime you hear anyone say, I 'guarentee" the market will go to 1500, 2500, or 4500, beware!

[onemindonespirit]

Most people are not day traders. How are you going to explain the massive drop and the modest gain in the market to people who have all their retirement in some 401K? They sure didn't get all their money back. Other than that, if you had good returns, then great. How did you do when you factor in taxes and inflation?

[GanjaZombi2]

Vision has been right and Dow would have be even lower than 1,500 had it not been for the stimuluses, PPT and a myriad other concoctions of this shit president. Wait until Jan-Feb and see if you hold the same philosophy when the Dow is at 4,000.

[visionvictory]

Stan1208 please don't lie about what I said.

I said in 2008 that the real value and long term bottom for the dow would be 1,500, I also added that it was years away.

My prediction for late 2009/early 2010 is that the dow will be around 4,000, I still believe that.

[ethanopiate]

The market goes up AND the dollar goes DOWN, yeah lota money being made...you're a genius.

[PrepNow]

Please explain why the stock market is going up same time as gold.

A friend of mine has silver cutlery (knives and forks) and vases and stuff... can people sell that stuff too and where?

[coultrane]

U.S. about to hit debt ceiling - again

The $12.1 trillion debt ceiling is fast approaching 'over the limit' status. Unless Congress raises it, Uncle Sam won't be able to pay what the country owes.

money.cnn. com/2009/09/16/news/economy/de­bt_ceiling/index. htm?postversion=2009091610

[coultrane]

U.S. credit card defaults up, signal consumer stress

Bank of America Corp and Citigroup Inc customers defaulted on their credit card debts in August at the highest rates since the onset of the recession, a sign that the banks' consumer lending woes are far from over.

reuters. com/article/businessNews/idUST­RE58E6LH20090915?feedType=RSS&­feedName=businessNews

When consumer defaults decrease, the dollar will be worth 30 percent in real purchasing value.

[ShillBasher]

Don't panic: EVERYTHING IS OK, I saw the news and we're fine and out of the reccession now. Phew!!.

[guslingus]

Thats the same news as here in OZ,, What a relief... I might go get a $500 000 mortgage ...

[taineasy]

I can't stop laughing at the news today. The government propoganda machine is is full gear. Now they are saying the economy has improved so much that we we do NOT have to worry about Credit Default Swaps and derivatives. These people have gone MAD! We are only months from a complete meltdown and they are telling the moron public all is good.

[WesSeid]

Aw, be nice. Those are the same people who saw one of the greatest crashes and biggest recessions/depressions in history coming and warned everyone about it, didn't they?

Oops, no they didn't.

[batman233]

Good stuff...haha I thought that was funny what has changed since the Lehman failure...more bankruptcies, higher unemployment...Oh but Bernanke called the recession mostly over hahah

[truthsabre7]

Gold $1013.60

11 PM PST

[visionvictory]

cool :)

[LibertyResolute]

Thanx Dan, Another great video. Very Informative.

[visionvictory]

thx for the comments

[PrepNow]

Hi W,

Have to pass this on. Just listened to an interview with Tice on King World (you can get the interview on P Schiff's chanel)

and he said major collapse coming in

stock market... major major. I know

that you know all this but I don't think

you want to miss this.

Also an King World... The "Dines" guy...

you don't want to miss that interview either.

Again, 5* and thanks for all you do.

[MengersDisciple]

PrepNow -

That David Tice interview you are referring to was a hair raising one! watch?v=GLl3sDU42HY

Tice is one of the MOST underrated and low profile Austrian economist. I have been a huge follower of his ever since I saw his interview on Bloomberg entitled "conspiracy of optimism" from May 2008 - watch?v=Y7xC5ldGxNo

[KBA3AP]

Stocks - But what goes up is gotta fall!

[Stealth0031]

Is CSL only in CA? Or are the comments based on other states? If so, which ones?

I know it is bad in most places, but want to put his comments in perspective.

Thanks.

[nepenthean]

csl like BMW ///M3 CSL!!

compact, sport,  lightweight,

[doctorjn]

As always, you do great videos of the highest quality. I always wait eagerly for your newest videos, and I can tell the thought and effort you put into them by the quality and content they contain. Keep up the excellent work. The real news comes from people like you, and not from Newscorp, etc.

[doctorjn]

I think China will start buying precious metals with US dollars quietly to dump their dollars and increase their wealth after they get enough of their citizens to buy silver.

[0urGaia]

Actually think its good have a person look at ones financial situation because sometimes we close our eyes to the best course of action.

[FatLibertarian]

I should totally be on that list of liberty loving people! lol Check my videos out.

[Gazerbeam72]

By inflating the stock market and in turn peoples 401k's, I think they're trying to generate the so-called, "wealth effect" again.

This will perpetuate spending. People will have fat 401ks and etrade statements..this will make them all feel like investment guru's and so they start to walking around with their chests puffed out and begin to spend like drunken sailors on leave again. This will fuel more spending...higher stock prices...more spending...ect -- a feedback loop in effect.

[Gazerbeam72]

....and then we all live happily ever after....the end.

...it's BS - but never the less that's their hope...

[visionvictory]

Nailed it, not only that, but the insiders need someone to sell to.

[WeatherWhiz1988]

Like a few people have already said, Ben Bernanke said that the recession is likely over, which is of course BS. Believing him is like trusting a blind man to take a blind man's lead. On another note, the FDA approved the swine flu vaccine today.

[tinfoilfry]

Great video Daniel. Thanks to CSLFinancial's ceo as well.

So how many times since the beginning of the summer have we heard that the recession was over ?

[eddgiles]

bernanke said today that "tecnically" the "recession" is over.

[centervilletn]

it is..the mega depression has "technically" begun...welcome to poverty!

[visionvictory]

Bernake also said that the recession was never going to happen.

[chena3]

all this lying

and cheating

really roasts

my parsnip ..

badgers be damned ..

[vociti]

Wouldn't it be crazy to be the Fed Chairman. To feel the ultimate form of power. The words that come out of your mouth move markets. What a power trip.

[visionvictory]

Yep, even though he has always been wrong, he still moves the market.

[M0LONLABE]

where was this guy several years ago ... our advisor was more like a silent partner ... Bastard would field repeated frantic phone calls to sell ... when S*** was hitting the fan ... I call BS ...

[johnny9148]

bernanke and these assholes are sending positive consumer confidence vibes they no things are bad but let me say this I'm one tough vietnam vet and I love america. fuck these assholes!

[visionvictory]

They want the slaves to feel good, that way they can shop their way out of this hole. LOL

[coultrane]

Dollar Trades Near Lowest in 2009 on Record Low Borrowing Costs

The dollar traded near the weakest level against the euro this year as record low borrowing costs encouraged investors to sell the greenback and buy higher- yielding assets outside the U.S.

bloomberg. com/apps/news?pid=20601101&sid­=a_OZ7pP10iwI

Oh, and the dollar is going A LOT LOWER. After all, who wants promises for work?

[wetalmorker]

I hear you and I still have a hard time with macro-economics, but what civilization is not pretending that debt is money? Just like in autos, electronics and software, America took the debt-money model to a new level.

Now that everyone is playing the game, it looks we lose again.

In other words, whose "future labor" is worth more? Ours, or the BRIC?

Like Napoleon said, "money knows no motherland". So, the longer we play the game, the worse things get. It's designed to fail.

[coultrane]

Gresham's law states that good money drives bad money out of the system. I think this applies across all cultures and all time periods.

I think the question of labor costs is a moot point. We need to learn how to provide real value to one another. The biggest crisis facing our culture, in my opinion, relates to our quality of life. Fortunately, I think if the govt. got out of the way, we'd have some truly visionary folks step in to fill this huge market void.

[coultrane]

I meant to say bad money drives good money out of the system. Where is my damn editor?

[wetalmorker]

Thanks for clearing that up.

Agreed, the cost of labor is not the issue. No man is worth more than another.

I'm just saying that the market is like a casino. It doesn't care who wins or loses. The house makes money either way. Eventually, it drains everything from the players' pockets, and collapses.

[coultrane]

The sad thing about our Country, regardless of party,is that we've got a bunch of used car salespeople running it.

[visionvictory]

LOL

[Annihilate3275]

great vid!

[redline1189]

Daniel what part of the house of cards will be most likely be the start of a collapse. Bonds stocks what, figured you have a better macro perception??? thank you

[visionvictory]

Option Arms, Commercial loans, and Holiday sales will probably lead to the next big drop. As far as the final blow, its all about the U.S. dollar.

[coultrane]

What else do they have, besides a war, to throw at the problem? The last I checked interest rates are still holding at 0 percent!

[tinfoilfry]

What else do they have ? The H1N1 card haven't been used yet (-:

[mainesprocket63]

Banks are buying stocks with dirt cheap money from the FED driving the market up. Everyone knows stocks are way over priced look at the M3 chart on shadow stats. Everyone I talk too says they are waiting for the top before they sell. The million dollar question is what will make the banks sell and cash out their gains. I think when the selling starts it will be unbelieveable how far the markets fall. Thanks for the video.

[coultrane]

Mexico Oil Bonds Raise $2.4 Billion to Bolster Public Finances

Mexicos government raised ($2.4 billion) by selling oil-backed debt to local banks, part of an effort to alleviate budget shortfalls among states, Mexican Finance Minister Agustin Carstens said.

bloomberg. com/apps/news?pid=20601086&sid­=aqwzS4eNGoag

The fiat game is up. If you want resources, prepare to secure the debt. Sadly, the Cantrell oil field will probably be dry before the creditors can seize their assetss.

[vinayakaya]

That was a great format with the interview. Brings in a little wider perspective on things.

[njedinjedi]

Thanks for arranging this

[chena3]

The consumer economy is literally dyeing in front of us .but as long they can spend enough borrowed money on defense, welfare and gov't contracting..

they will try to produce

a positive GDP this way..

..or at least a less negative print of GDP...

we are so screwed...

i feel like a philips head....

[visionvictory]

3Q will have positive GDP for sure, the fix is in. But the economy is in worse shape and most people know that now.

[felixdov]

That is great but do you have any good recipes for rice dishes?... my massive (;0)) stock of rice is getting old and I am running out of ideas?...

[jcwitness]

I know the rice post is in jest, but that brings up the real point of being a prepper.

You are not supposed to be holed up in a shelter up to your ears in beans and bullets.

Live like intelligent people did over 50 years ago.

You use the FIFO system for rotation and always keep a buffer of goods.

Tornado, flooding, even just commodity price fluctuations and your are PREPARED.

[thespamcleaner]

awesome thanks Dan!

[TimTrimT]

Bernanke says recession 'very likely over'

17 minutes ago in the headlines. I'd laugh if it weren't so damn evil... So many people are going to start packing money back into stocks like lambs to the slaughter.

[visionvictory]

Interesting that the man who never saw it coming thinks he is the authority on calling it over.

[bnash2002]

idk whats going on anymore.

[Gazerbeam72]

THis market is going up...12k by Jan 1...the fix is in and all of us so-called bears got totally fck'in screwed. Yeah...it might go down again in another 5 years from now, but it the meantime we got screwed bigtime holding out for the "big sell-off"...it's not going to happen. They win.

[limitedplay]

@gazer

you may be correct, but the banks are sstill sitting on trillions of dollars of residential property that they cant sell until the market fully corrects. Then there is the commercial bubble.

& ohhhh, there will eventually need to be more homes built since the banks cant move the ones allready on the books.

[MarlboroAcid]

thank you

[lindabebe835]

something very big happened yesterday. Obama announced that he will no longer pump money into stockmarket, the only thing propping market up. except a crash soon people!!!!

[oblivion292]

This collapse will give people a new more grimmer look at capitalism...(not that communism or socialism is any better..) Fraudulent practices like the ones today have been happening since the 1880's.. eventually it all has to end..we shall all cease to be civilized, law and order citizens and we all go back to barbarism.

[visionvictory]

We have had a socialist capitalist economy for 100 years now. I think its time to dump the socialism and let the market set prices. We also need a sound barter system with currency backed by something solid.

[oblivion292]

This is where I do not agree with you. History has shown us that if you don't have any government oversight of the markets they go out of control and coporations start monopolizing. I know you are a big proponent of the laissez faire economic system but its not the answer to all of our problems. We need a more sustainable life style and we do need fundamental change. Unfortunatly..due to human nature..there can never be a perfect system.. I do agree with the barter system you propose though.

[jadam914]

History has also shown us that government intervention in the business cycle can cause major problems. There has been massive manipulation and distortion of the economy going on for over 30 years. The system has never been reset because of it and inflation has run wild. That is government oversight gone bad. Sure there needs to be government regulation but not government manipulation. Perhaps some of the problems also stem from flaws in the present corporation and investment models.

[jcwitness]

Corporations ARE monopolizing under the guise of government protection.

Look at the FDA. It is full of Monsanto execs. Look at pharmaceutical lobby groups and ask why homeopathic and natural healing is shut-out while some RX are sold at 20,000% profit.

Look at what Sandi Wiel did with Citi. Look at the repeal of the Glas-Steagal's act.

The evidence is all around that greed and corruption are abound.

It doesn't matter if you wrap it with Socialism or Communism. Dem or Rep.

CROOKS and LIARS-all

[Peridolin]

Humanity never left barbarism behind.

It has merely been glossed over by a thin veneer of civilization which is now cracked and pealing.

[dsalerno83]

thanks good video. and cool guest

[johnny9148]

whats coming down the pike is a big slam . bernanke says where out of the depression? more lies and distrust. for the last 29 years I seen corporate digust and greed more ceos what don't change is the game rich getting richer and the poor getting poorer

[visionvictory]

the man who didn't see the largest downturn since the last Depression lol

Ben should really stop making predictions.

[kent6608]

Hi Vision and guest. Just to inform. Here in Sweden the OMX index is back where it was before the big collapse I September last year. I think we don better than the US market. But Im afraid thats a big bubble to, which will correct itself in the near future. Greetings from Sweden

[oblivion292]

So what? The DOW here in America is where it was back when Bush first took office...we're about to hit 10k yet our economy still sucks... don't pay attention to the index...

[jcwitness]

The DOW doesn't matter.

Not when they consistently bump companies out and swap in with ones that are gaining.

A ponzi scheme is a ponzi scheme.

[linnx88]

Excellent guest. Great conversation. The only thing I would change is that you guys seemed uncomfortable sitting in the middle of the monitor like that. I would use a small table and sit across each other and just position the camera sideways. It'll look like an interview!

[visionvictory]

Is wasn't planned, I just wanted you guys to be part of the conversation.

thx for the comments

[p86rocks86]

fjkdalfjd

[Lynchian74]

Thanks for that Vision. Its quite refreshing to watch people with common sense talk about what's really happening. Great idea to have a guest from the coalface. What are his feelings for the future? There is lot of people who reckon the crash is going to happen in October.

[visionvictory]

He's like most of us, very focused about the Macro-Economic pitcure.

[JP5466]

Dan, I love you to death man, but please don't sell out or turn into a "George4title".

[ancientkiki]

great

[dmdum]

Can someone please connect for me; the collapse of Lehman Bros and the loss of jobs today. Like how is the loss of jobs in the private sector connected to Wall st? Why are small private companies going out of business? I can see why new companies are not starting up, this is because of no loans being made, but the other companies closing, just dont understand hwhy?

[mcap52]

I'm not an expert on this but I think LB had such a huge effect on jobs is because they were involved with so many other things,like credit default swaps,mortgage packages.When LB failed it effected alot of other industries.Companies are closing because they cannot get credit,there for they can't run their business,can't pay employees.Millions are out of work so they are not spending,the ones that are working are spending far less.Not sure if this helped,hope It did.

[cori800888]

Lehman demonstrated the financial hot air and fraud.. the USA had been living on borrowed money for 20+ years.. the rest of the world ceased investing here..for that reason and many others, we are no longer the only big mfgr in the world. all that big business fuelled small business.. those shrink, lay off people, the laid off people dont buy... so all business shrinks further.  for why the market is up search Plunge Protection Team on google. is govt smoke to pump the market. fraud.

[psxwarrior]

Makes sense why they would "allow" Lehman to collapse, while they held everybody else on wall street up. They probably know what's gonna happen, and they are just trying to prop up wall street for a short time until they are ready to have it come crashing down in October for whatever reason.

[centervilletn]

i can tell you how the collapse of credit caused my job loss...i worked in an industry where people had to borrow to get their kids medical and psychological treatment for serious behavioral problems. when credit collapsed our clients could not borrow money to purchase our services and thus my company went out of business and I and others in our industry all over the country lost our job...credit collapse= loss of jobs...

[psbyowner]

whats funny is Wall Street is in a huge bubble NOW; even at seemingly lower price below 10,000. PE/'s over 100 and liar results, cant trust anything corporate accountants say regarding earnings, with all the tricks they can do.

[cori800888]

PE's over 100 means that the correction will be driven below 10.. a 90% correction. panic may drive it lower. the PPT might manage to float it bit higher with more fraudulent 'buying'.. Visions guess at 3k to 4k is high imo.. but conservative none the less.

its a good number.

but I am expecting 2k to 3k max on the dow. and a 20 to 40 year recovery.. we in the US will be leveling our living standards with the rest of the world now.

[Spurgeon123]

V V Your insights and prognostications are starting to echo the headline news. I don't see anyone at the White House or CNN trying to downplay the coming collapse. A better and more insightful look forward would be to foretell the ways in which the rebuilding will start or what the future will bring post collapse, Enough about the collapse already

[cori800888]

best for you to do is understand what other people have done in other nations as those collapsed. see who won, who lost.. and what happened to govt, and those bullet proof jobs.

I met another businessman in Starbucks the other day, an engineer like myself.. he said that he will be going into the water cooled guillotine business. that should work.

[oc5nsli341nforce4]

Nice guillotine if used on those who have screwed up over for the last 96 years of market manipulation and corruption.

[visionvictory]

Less then 1% of the population know what you know. We have a lot of work to do in order to even have a chance of having they the type of recovery we would like to see. Restoring the Republic is priority #1.

[jadam914]

AGREED!

[dwfierce]

thanks

[NotACrookProductions]

Bradford is a great guest. Thanks.

[chevyvictor]

Yes Found the link. its in the bar to the right. silly me :)

[WHEREtheFUNK]

i did the same thing 5 years ago

[chevyvictor]

Bradford hey great advice thanks. im watching from 8000miles away in New Zealand. Daniel please put Bradfords weblink up so I can visit cheers

[32937isready]

My advise to everyone is to buy some gold and silver with your extra cash at the end of every month. After that, go ahead and live your life to it's fullest with your family. Daniel, after your gift from God is born, you will be awaken to the most important thing in the world. I know because I have three girls, ages 5,3 and 2 and they are my everything. God bless you and your family forever.

[visionvictory]

Thanks for the comments :)

[chevyvictor]

thumbs up!

[kdwjunior33]

good stuff

[Yankeeprepper]

Thank you as always. You are really an incredible resource.

[visionvictory]

thx for the comments and support

[stellaconcepts]

interesting about the retiree jobs not being re-filled. there probably wouldnt be any stats on this tho would there. its technically another job lost really isnt it - but not included in the stats.

interesting data out just now to re inflation - im sure you'll be covering it soon enough.

[visionvictory]

I think it's a very interesting trend that has NEVER been reported to my knowledge.

Thanks for the comments

[InTheSticks1881]

:O)

[davincij15]

Gold and Silver is money anyone that tells you different is trying to fool you. Our economic system is designed to get you to give your wealth to others that do not have your economic interest in mind.

Don't agree? Fine. Then reality will be our arbiter.

[stellaconcepts]

cool - the mad DJ is back ;) I like the mad DJ :)

[MrBankRuns]

Gold and Silver COULD be money. The BEST MONEY. But they are NOT USED AS MONEY these Days. Maybe they will again soon. I Agree that they should be. But the Goverment model that we have and Sound money do not mix. Nobody in America controls their Gov anymore. The Gov is OUT OF CONTROL. If we had sound money they would not be the case.

[rexoid]

But they are used as money. I accept it any day for debt or trade, do often. If I buy it, and I solicit to do so, I pay 10% back, if i accept it to reduce a debt to me; it is straight across spot. Not picky: junk, bullion, coinage (US & foreign) & sterling. I am ahead that way over S&H to eBay, or 1$ over at an AG distributor + S&H, given that I am stockpiling it. Gram scale & computer allows ASW comp. Out of control state of Gov is increasing the usage of PM money, not starting it.

[davincij15]

If the government told you that a small amount of arsenic was nutritional and you where forced to eat it would and everyone else was eating it would it make arsenic nutritional.

Reality is a an absolute.

Small amount of arsenic will not kill you right away but it will kill you eventually. Paper money will not rob you of everything right away but it will rob you of everything you worked for. The fact that people are forced to accept paper money done not make it money.

[neanam]

Well said davincij i read ur commet and was like dang this guy knows what he talking bout......then I look to see who was it was you..go figure

[davincij15]

Thanks neanam wish I had not wrote it so fast and reread it. I was at work and needed to get back to a task I was working on.

Anyhow my knowledge does not come from me, it came from the collective knowledge of our history. I make great statements because I got it from great men and women of our history.

Everyday I try to learn more, there is a lot to learn.

[Sustainable2008]

Nicely stated Davincij15!