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From: FeverIAm
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  • Exactly right, finally; someone who knows their ass from a hole in the ground.

  • the market is up 30%+ from the date of this video. A steep bond yield is infact a buy signal.

    I cant wait for the video that says 'sorry guys. I guess there wasnt a 'bumpy ride'. My bad'.

  • Why will NWO money statment to bring US govnt. bond up? Are you suggesting it will support the weak dollar?

  • Invest in a god damn solar panel if you got that much cash to blow, it pays for itself then keeps money in your pocket. Buy a lot of woods, it won't go anywhere then usually picks up value down the road. Invest in being auto-sufficient like your grand-parents would have..., grow an orchard, you just may take a liking to fresh fruit. Buy land in South America, you may just want to pack up and get out of that rat race. And have a little fun, life is short and retirement is a bitch. ;)

  • Fuck the government I dont want to refinance it. I want there fucking hands off my god damn house.

  • Sounds like the IMF is prepping itself to become the global Federal Reserve.

  • do i detect a hint of sarcasm in your video post-you rock-keep up the good work

  • hey fever haven't seen a video recently from you. Hope all is well.

  • I'm doing fine, George. Better than fine actually; but very very busy! Needed a break to recharge... new video coming tonight

  • Comment removed

  • Two Japanese citizens carrying $134 billion worth of U.S. bonds were detained last week by Italy's financial police at Chiasso (40km from Milan) on the border between Italy and Switzerland, an Italian daily said Wednesday.

    According to the report, they include 249 U.S. Treasury bonds each worth $500 million, plus 10 Kennedy bonds and other U.S. government securities worth a billion dollar each.

    Why isn't the main stream media covering this? 134 billion dollars??? This smells...

  • Okay but what do you do with this piece of news? It represents a gift from the sky for Italy since a large part of this sum will be seized so it is sensationalized.

    But once this said, what do you do with this piece of news? It is very hard to understand and decipher.

  • You are absolutely right, it is most defenitely very hard to understand - but if you have the will it can be deciphered. I think a lot of people wonder: Why the h-ll are two Japanese citizens traveling with $134 billion worth of U.S- bonds in their suitcase? To whom belong these bonds? What were they doing in Italy? Are they real bonds or fake ones? And if they are fake, who is behind faking bonds worth 134 billion dollars? There are a million questions...

  • That is the issue to my eyes. There are a million questions and no answers. The information is too incomplete to be useful in any kind.

  • Why is the price of Oil going up per shrinking world demand you said of .08%

    Could it be Peak Oil is here too?

    It's a good thing demand is shrinking, and if speculators have anything to do with it good on them.

    Like the economy liquid fuels, ie Disel, Petro, is a downward slide. Every year we will get less & less out of the ground. You can blame it on Speculators if you wish, like the economic collapse it is a reality.

  • Mathew Simmons said peak oil was here in 2005

  • That's what Simmons said, no coincidence in my view that in the Summer of 08 gas hit over $4 a gallon.

    Richard Heidenberg (sic) said that when Peak oil starts people won't be talking about gasoline, they will be talking about recession, unemployement, market instability.

    Peak Oil is not just a casual coincident to our current situation it is inextricably part of it. So no economic voodoo is going to do anything other then postphone the inevitable.

    Cheers :)

  • "Could it be Peak Oil is here too?

    It's a good thing demand is shrinking, and if speculators have anything to do with it good on them."

    Shrinking in offer and speculation are linked.

    Historically, governments try to fight speculators. They failed through regulation. The only efficient method has been mass production (abundancy)

    Speculation thrives when offer is of the same magnitude order as demand. Mass production allowed to make offer>>demand and void speculation from efficiency.

  • Of course, as oil production might no longer be extended, it is an open door to speculation.

    I am far from sure it is a good thing because speculation means that real scarcity (scarcity that is not the result of misallocation of resources) is around the corner.

  • Oil over production or underproduction is often a self correcting cycle with a long lag time. The USA reached peak oil in the mid 1970's. Simmons thinks the Saudis are lying about their reserves. It is a matter of lifting cost, you can find more oil but how much more does it cost to drill a well in 10K feet of ocean water or in the arctic than in a pasture in East Texas. The demand is down, but the speculators are artificially lifing the price.

  • "Simmons thinks the Saudis are lying about their reserves. It is a matter of lifting cost..."

    Saudis manage their reserves. They are trying to survive. They only exist in the world through Mecca and oil. Once oil depleted and with islam being battered down, their survival will be heavily jeopardized.

  • CZ Yes I agree with that assesment of the Saudis, with the only exception being they have amassed huge monetary reserves in their soverign funds.

  • That is the crux of the story. They have amassed huge monetary reserves which are connected to economies other than Saudi arabia's economy. These guys are cooked. They know it.

  • Playing Devils advocate here, Mike you said "it's coming" referring to the NWO.

    I would like somone to tell me how that might be worse then the "Old World Order" From what I have seen the Old World Order is poverty, slavery, wars of oprresion, injustice.

    Now maybe you have some vague idea of a world dictatorship, a world wide tyrrany.

    My question is how do you know? Is it because power corrupts?

    Maybe what is needed is a NWO.

  • Most of people in this part of the world dont think like that.

    First, you have to take into account that the old world order have benefited this part of the world.

    What people fear in this NWO means for them crossing the fence.

    OWO: I am on the right side of the fence.

    NWO:I am on the wrong side of the fence.

    That is all it means for most people on this side of the world. They dont care about the wars, slavery, poverty and stuff as long as they benefit from them.

    So no, NWO isnt needed.

  • Hi, Well I keep seeing people exclaiming fear of a NWO, yet I haven't seen them define exactly what it is. I think everybody agress the current system of OWO is very sick & possibly on the verge of collapse.

    There maybe a NWO coming whether we like it or not, so to me rather then fighting a question mark? We should think about what kind of NWO would benefit humantiy and be the most democratic the world has ever seen instead of just being fearfull of the intitals......NWO

  • " I think everybody agress the current system of OWO is very sick & possibly on the verge of collapse. "

    You should check this point thoroughly. Nope. Most of people dont find the OWO sick. Actually, most people are in fear of it changing. What they name NWO is often OWO but this time with them as victims.

    It is easy to check with the many videos posted on the NWO topic. People dont blink when methods are used on others than them (OWO) They fear these methods to be used on them (NWO)

  • Your concerns about the methods themselves and not who is the victimizer/victim and stuff lists you as someone taking an untypical approach.

    Most people dont disagree with tyranny. They disagree with being tyrannized.

    Better for you to come to this conclusion fast.

  • Yes I know exactly what your saying. The mantra's haveing banging here for years. "Greed is good" Gordon Gecko. Free Market Capitalism, trickle down Reganomics, my favorite "personal Responsibility" till they get laid off and go and get on the Unemployment tit.

    Yeah I know it is idealism for peace & justice, about as likeley as getting banged by Brittany Spears.

    The reality is simple-survival of the fittest and richest. The weak and sick die.

    as They say in Iraq "Embrace the suck"

  • I don't know about Italy, I think is where from but here in the US the transition will probaly not be peacfull or easy, as there is somwhere around 100 million firearms here.

    A lot of them will not just roll over. The US did not get the title as being number One in Mass Murder.

    When these jokers realize it's over, they will take there anger out with all the firepower they got stashed in the pickup and the McMansion. It's going to get ugly.

    I could be wrong though. We shall see.

  • But but, 'bama said we're doing BETTER!

  • el oh el. gtfo. you dont need to be saved youve got nothing to be saved from. satan is simply the boogie man that adults cant seem to get over. Do you still check under your bed for the boogie man before you sleep at night?

  • wow, over 4000 views in two days! you're ready for prime time..

  • The IMF pretends to be a compassionate helper. Read 'Confessions Of An Economic Hitman' to discover their REAL agenda and history.

  • i don't see the problem with a worl currency or world government .. won't it bring peace and stability ultimately - my sense is the worst is over and that things are getting better globally - the glass is 3/4 full !

  • Fever is the Greatest Fever is the Greatest I testify none is worthy of worship except Fever I testify none is worthy of worship except Fever I testify Fever is a messenger of Truth I testify Fever is a messenger of Truth Come to play Come to play Come to You tube Come to You tube Fever is the Greatest Fever is the Greatest
  • if you want to avoid the abysss, join LaRouche and use our constitutional republic to put these international financial interests into bankruptcy.

    The IMF is bankrupt not only morally, but otherwise. A pig is a pig ! Listen to LaRouche and kill the pig.

  • Larouche is a Marxist ? Some of Larouches writings read more like mien kampf .

  • Well, marxism and nazism aren't exactly polar opposites.

  • Read Mein Kampf, and see what he said about marxists....he wanted to BURN them.. and he did to....

  • Which says absolutely nothing about how similar the philosophies actually are.

  • They are NOT similar at all. Fascism is the corporations running the government. Marxism is the Government owning and running the means of production. They are diametric OPPOSITES.

  • Okay, I think I understand now.

    In fascism, the same people control both the means of production, and the government.

    Whereas under marxism, the same people control both the government and the means of production.

    I guess I was confused before. Thanks for clearing this up.

  • Under Fascism, Ig Farben and Krupps and UBC and other corporations were sponsors of Hitler. He made trade unions ILLEGAL. The people became slaves to the corporations with NO recourse and even faced conscription to work as slaves for the corporations for the PROFIT of a few oligarchs. It is not so simple as you make it sound. A few people owned the land, plant and capital and forced labor. Under socialist systems the workers have a voice priv/prop is outlawed. Stalinism and Maoism is not Ma

  • Maybe this definition will help you to understand: Many of the debates about and the many inaccurate definitions such as the idea that fascism is a middle class movement serve ruling class interests by obscuring fascism's true nature. At its core, fascism seeks to protect private property through the the unity of the state and the corporations and prevent a communist resolution to the crisis faced by society

  • Or perhhaps this foolcow: Corporations Create Fascism

    "Fascism should more appropriately be called corporatism because it is the merger of state and corporate power." - Benito Mussolini ...***... Today, ordinary people have little to say over the running of their lives while corporations have all the power, and own virtually all the politicians and the nation's, and indeed, the world's, wealth: Lock, Stock and Barrel! The New World Order is on the march

  • Yeah, so in other words, all economic and political power are centralized in one small group of people. You're making a distinction without a difference.

  • OK here is the tip off. HENRY FORD was an avowed Fascist. Perhaps that might make it clearer to you. It is collectivism VS Oligarchism if you will. A LOT of people would rather be in a FASCIST state. Certainly the Germans did and so did many Americans. Many still do. They LIKE having thier very lives beholden to Corporations. Hitler killed any communists he could find and outlawed the communist and socialists parties in Germany in 1933. My Grandfather was SPD in 1933 as was his father.

  • But in essence what it means foolcow is that Citibank, B OF A and Goldman Sachs as well as GM gets YOUR Money and YOUR property as a corporation OVER individual rights. And their Executives get millions. Whereas in a socialist system the ( there has NEVER been one BTW) workers own the plant, land and capital and share equally in the profits or products. Closest to socialist systems might be a farmers co-op. Or possible a Shaker or Mennonite community.

  • gas prices are going up mainly because they cut production

  • Hey Mike do you have any brothers or sisters ?

    Take Care :-)

  • DEBT = DEATH

    Even the sound of both words is very similar, easily to be confused.

  • Haven't you heard Mike. The recession is over! Again... according to a thinktank. You know when i hear the term thinktank; I see hippies flying round a giant bong. Also that swine flu thing is back on our idiot box. Sigh, gratz on the sub numbers. Take care. :D

  • Now Swine flu is actually proclaimed a world pandemic.

    I'm worried about this and so very suspicious about it's origins.

  • Thanks, Great info

  • thanks Mike

  • Save us Snake

  • Mike, you are slowly morphing into Snake Pilsskin

  • ROFL - Kurt Russell? Well maybe the hair; but i just ain't got the facial hair going on :-)

    now the patch is a different story! Oh are! I am a pirate :)

    Peace

  • hi mike, now it june 12th and i am very disheartened to see u did log in but no new video from u, i waited all day long to see ur response on todays news

    :(

    peace

  • oh!! sorry, i mean i waited for 11th jun commentry,

  • I have this news of the past can anybody verify this forChian has paid $300000000 to Costa Rica for not too trade with Taiwan. P.S I have heard this from different sources. So can this be verified from anybody else please.

  • All look toward new (((DNA)))

    Big CULLING in the (((FALL)))

    ITS coming in JULY (((HEATWAVE)))

    How to cook A BRAIN (((microwave)))

  • freepress and you know this how? lol. Maybe people might take you a little bit more seriously if you backed up your statements.

  • those all clues (((you got mail)))

  • so what you're saying is you have acid and I'm wondering if you're selling any!

    HAHA wierd fucker.

  • you don't know how to decipher the clues

    I will not hold your hand please use your head, my advice is don't go there if your happy with your life, you and sloppy got little hint in your mail.

  • TY for trying to wake them

    Peace

  • Could you please tie the last statement to the previous ones? I'm not seeing a connection.

  • D-TV

  • Ah, of course. I should have seen that. Thanks for explaining it freepress666!

  • Still waiting for the next crash peps? The last crash was engineered to scare the crap outta the senate. What makes you think the next one wont be engineered?

  • I always enjoy your videos and am enlightened by your messages- thank you. I was wondering what you mean by "it's not going to be long after that..." Could you make a video to discuss what you see the future holding for us more specifically?

  • so the 30 year dipped a little? Hmmmm guess the falling dollar may be part of the problem?

  • I dig the hair.

  • Things are looking up, the economy is getting ready to surge, massive growth to come, unemployment is a thing of the past...get ready, hold on, were about to kick ass......

  • Think i may spam FeverIAm around a bunch of videos. Maybe get a few more subscribers there.

  • Mike you´re so funny when you report. Dry sense of humour too and your "yeah right"´s.

  • The SDR bonds have to be backed by something. The SDR is a basket of currencies. The IMF owns gold or more accurately, it's member countries own gold. So, can they back the SDR with gold? When the SDR officially becomes the new reserve currency, why not back it with gold? Every country would want the gold backed super strong SDR . This way the IMF issues the world currency & controls the worlds gold. If I were a power hungry evil genius control freak, would I do this? Just a thought...

  • Having a currency backed by anything physical drasticaly reduces the counterfiting abilities of that currency. I think the evil geniuses of the world would want to continue with the fiat based currency thas backed by the threat of violence

  • yes very bumpy indeed. thanks for your continued updates Mike.

    Just wondering when youre going to change the title of your vids from 'Dont Panic' to 'Okay, panic! ...

  • Let's just watch the 30 year auction - starts in 5 mins at 1pm... where was that auction blog again?

  • Where can I tune into this auction? Today is my day off, I'd love to watch the action.

  • Over already... and the only "live feed" is from a blog somewhere... i'll see if I can find it and post it :-)

    BTW yield went down slightly

  • lol "okay, panic!", good one, I like that!

  • Haha they called us crazy in years past but OMG now its happening. Get with the program people its all downhill (in a bad way) from here.

  • Howard Schultz (starbucks ceo) once said he see's 20% growth in Brazil.

    Brazil financially distroyed Paraguay.

    The War of the Triple Alliance, also known as the Paraguayan War, and the Great War in Paraguay itself, was fought from 1864 to 1870, and caused more deaths than any other South American war. It was fought between Paraguay and the allied countries of Argentina, Brazil, and Uruguay.

  • The Governor and Company of The Bank of Ireland (IRE)

    3/5/09

    52-Wk Low 0.66

    52-Wk High 44.346/17/08

    BANK OF IRELAND is an ADR.

    Stay the Hell away from SDR's ADR's and ETF's!

  • Earlier this month, Barack Obama was meeting with House Speaker Nancy Pelosi and other lawmakers when Rahm Emanuel, his chief of staff, began nervously cracking a knuckle.

    Mr. Obama then turned to complain to Mr. Emanuel about his noisy habit.

    At which point, Mr. Emanuel held the offending knuckle up to Mr. Obama's left ear and -- like an annoying little brother -- snapped off a few special CRACKS.

    New York Times

  • George Soros in 08 invested in Brazil petroleum giant which accounted for 19.53% of Soros' portfolio, also invested in privately-held Brazilian energycompanyAdecoagro, which runs farming operations around South America, including the production of ethanol from sugarcane. In Brazil, Adecoagro is developing a cluster with three plants in the state of Mato Grosso do Sul., the cluster, named Angelica Agroenergia. Soros ex-partner in the Quantum Fund, Jim Rogers, is also big on Brazilian farmland.

  • peps obsess about dumping dollar, one world currency, nwo ect. If these nations were to genuinely dump the dollar = hyperinflation and internal civil war in USA. Isnt all this just a way of "lundering" those dollars used by foreign nations in a way that the effects wont be felt in the local usa economy, ie hyperinflation is avoided. That way the world can rejoice by finally getting rid of the devils currency. Economically usa is still screwed but not many sympathise.

  • What`s the money the federal reserve will decide to increase treasury purchases in a couple of weeks?

  • SDR's are not new and at the last summit they talked about these currency baskets as a way to hedge against a falling dollar value for trade. I do agree we need to keep an eye on the bond markets to know which way the wind is blowing right here in the US. If no one wants them but the FED we are screwed.

  • Ahh don´t mind hyperinflation.

    The comodity markets´ll soak up the excess liquidity and create another sucker rally of even more astronomical proportions before it finally goes boom.

    The rising comodity prices represent inflationary pressure monetized.

    Hopefully the global SDR initiative fails otherwise another 20-30 years of FIAT growth could ensue.

  • IMF bonds .... yeah right .... smells like a major belief in "TOO BIG TO FAIL". This will, in time, destroy anything left standing by the last TBTF episode.

  • "smells like a major belief in "TOO BIG TO FAIL". " Just rebounding on what you said. I feel that a lot of people understand this expression litterally, as it wont never fail.

    "Too big to fail" is not a belief, it is a certitude.

    It means that the day you are on the verge of failing or even failing, your downfall will hurt so many people around that these people are compelled to prop you up and prevent you from falling.

    It is like for movers: if you put all the movers in front of the furnit

  • ure, they might let it go if they get tired.

    Put the majority at the back and when they get tired, it is either pushing up the furniture to the end or getting crushed by it in the fall, getting a limp broken in the process.

    Too big to fail is not a belief, it is a certitude. It works. It means that letting you crashing will hurt more than sharing the pain.

    The contrary is "too small to get rescued" You can list many third world countries in the mix, who cares when they fail?

  • "who cares when they fail? " Such a reasonable attitude. How about the people living there??

    "Too big to fail is not a belief, it is a certitude." Co-producer in logical fallacies??

    It punishes everyone for balancing properly and paying allways on date.

    The general economic idea behind those supposedly too big to fail is questionable anyway. Seems to me you´ve not heard of synthetic derivates yet?

  • Rebounding on the rebound.

    The distinction between a 'belief' and a "certitude" is an interesting one - thanks.

    My perspective on "TOO BIG TO FAIL" is that it is a delusion, a falsehood and only really buys a modest amount of time before a far worse situation unfolds.

    Better by far, IMHO, to deal with the core problem rather than go on building "Heath Robinson" style bizarre constructs.

  • I reported the common definition of "too big to fail" I prefer to point out that "too big to fail" is real and works. Just lately, Dubai or Qatar was deemed to be too big to fail and bail out the arab union.

    Of course, something else might happen in a future but still, much better to be saved and live an even more comfortable life with a disaster in an uncertain future rather than dying from starvation, in pain and misery right now. My assessment of the deal...

  • Lol 1:57. All these difficult names, if it isn't Ahmadinejad it's Fenkner ;-) ? Why can't they be called Smith or Jones or Evans... James Fen...? Fen...? Fenk...?? Fenkner...?? Fenkner....???

    Love your videos!

  • A SCOOBY DONUT!!!!!!!!!!!!!!!!!!! :D :D :D

    Yeckchenyansvangen? :o

    It's really cool to see worldwide oil consumption down though. It needs to continue and redouble.

  • "Yeckchenyansvangen?"

    Gazoinks Shaggy, what could that mean? Better get the rest of the gang together and look for some clues! :-)

  • I think gas consumption is down because we no longer drive to work since we no longer have jobs. Many places require initial applications for employment to be submitted on the internet, then they contact you if they are interested. So we are not even driving to interviews anymore......

  • What do you think about Obama reinstating the "Pay as you go" system that Bush allowed to expire?

  • A bumpy ride that will leave many sore and walkin funny. The "not so bad" results of the short-term 5, 10 etc. auction yields are very vulnerable to these results of the 30 yr. If rates converge...

  • Great Video Mike! Keep them coming.

  • grow a goatee to counterbalance the long hair

  • oil went up because of the drop in the value of the dollar... at least partially in the past month or so

  • My states Governer was on the local tv.He said if cap and trade pases into law.All home electric bills will go up 50 %.WTF.mine Gets as high as 200 some months so the bill will be 300 dollars.That is just great .Thanks a lot Obama and all you enviromental cases.

  • Everything that has something to do with green house gases will go up, which is everything. Food, gas, water, you name it.

  • LOL mine is already 400/ 500 in the summer and has been for years. And I live in the oil and Gas state of TEXAS.

  • sour dough bread

    dried fish..

    pot of tea

    living large..

  • Mike, nice show as usual.

    DO a Google to find this article :

    US government securities seized from Japanese nationals, not clear whether real or fake

    ... " Bonds worth US$ 134.5 billion are seized. This is the largest financial smuggling case in history. But are they real? Concern over funny money or counterfeit securities is spreading in Asia. The international press is silent. " ....

  • I never much liked money anyway, broccoli, carrots, onions, tomotoes and a few herbs, some exotics that I am talking to daily will make money seem worthless soon, ( LOL it's all my fault..... worthless money that is....).....and to think I can bake bread and do it over a fire, what is that worth Mikey? PS: hope you all like Jerky in your soup...... I will present it as some sort of culinary cusine... just smile..... you will be hungry, who cares at that point?

  • I thought the IMF was going to sell it's gold, now they want to sell bonds. lol

  • That must mean they already sold the gold.

  • I believe the usa gave 50 or 100 billion to IMF in war funding bill a few weeks ago.

  • Oh, lovely. Debt, super-debt, and now IMF mega-debt. Phooey.

  • Fight fire with gasoline!

  • the national compost haha mike theres a reason canwest is sinking into nothingness

  • So SDR is just another credit system i guess.

    They constantly need to make more credit, and then they have to make even more credit. So that is business as usual.

    Creating another big bubble, on top of the bailout bubble at this moment. And the one making those SDR out of nothing will profit i guess.

  • Whoa, I think I blacked out there for a while. So please tell me all that bad stuff I heard you say was just in my head.

  • C4 News announced that the recession is over!

  • Not so funny, funny money.

  • i as an American Citizen would like to say sorry to all countries for what my government has done and will most likely always do

  • i'll second that

  • Corporations back up their bonds with future profits and capital goods on the books.

    Countries back up their bonds with the ability to tax their citizens.

    What is the IMF supposed to use? Beyond the assets they currently hold (basically supplied by the top member countries), what income stream could they use to back SDRs going forward?

    This I think is where NEW IMF powers come in. Without the power to tax globally there would only be a limited amount of SDRs, correct?

  • Very good, now define the term "citizen" b/c according to the US surpreme court, there are 3 differnent and seperate meanings. Now that is what we should be studying! The already is a New World Order, it is called BANKING people! But yes I agree with you on the point raised in your comment.

  • carbon tax

    paid to IMF

  • The carbon tax, and a tax on international bank wires, are two forms of funding being suggested for the IMF. The IMF's balance sheet is currently about $200 billion dollars. Even if these tax plans were enacted, it would seem to me a rather small base to build a world reserve currency upon.

    The IMF is just a financial construct. It has no human or natural resources of its own

    I guess my point is that if it is to assume this role it will have to be given power over the world's people & resources

  • I wonder what ever happened to the Spanish Gold after the Spanish revolution. The anarchist government knew that the NAZIs were going to take over Spain in the 1930s and jettisoned all its gold from South America to Moscow and London. I wonder what happened to Spain's gold. Or does it really belong to South America? Is this the reserve that Russia still uses?

  • I used to work at the Fed Reserve Bank of NY and used to look at the gold reserves of various countries in its vaults, and it looked so small and stupid to me. Just an observation.

  • Great info, great analysis, great video. Thanks!

  • L. Williams say they are going to skip the amero and go right to a one world currency, G20 discussed the need for a one world bank/currency too.

  • You are right Mike, special drawing rights.ohhh yeah there goes the republic.

  • Interest rates going up is good news for those on fixed incomes, Yes? Are we to consume until we're fat? Are we not wise to save, live frugally and earn something for our efforts and get a fair return on our savings?

  • Oil consumption is down .6% But oil supply is down even more!

    That's why oil is rising.

  • Thank you for a great round up.

    :-)

  • July 27th FEMA initiates Martial Law drills. Interesting timing no?

  • nobody is dumping the dollar. They just want to value them in Yuan.

    They buy US Treasuries to keep Yuan valued lower than US Dollar for trade reasons. Our middle class is sponsoring their economic growth.

    So no, they don't want the dollar to crash.

    Bernanke, Obama, Geithner and Soros do though.

  • Always appreciate your videos and the time you spend collecting the facts!

  • Tomorrow is June 11, 2009 and there is a big 30 UST-Note auction on that day, along with the IMF issuing US style bonds... If you live in the US the time to panic just may be here...

  • Russia has been the IMF's "boy" for decades. The IMF does have a lot of gold to back up its bonds. Some of the oligarchs in the US and Britain will resist this push to another world currency. This could lead to another world war.

  • I don't ever call you nuts fever - you are the only one telling it like it is.

  • Great video Mike. Yes it is getting really interesting.

  • thank you for all your time researching these articles

    Much appreciated :)TY :)

  • And thank YOU for all you do - you are one of the reasons I started (along with Cherie), and one of the reasons i am still here - "banging on", as it were...

    Peace and love to you and yours (such cuties!!!)

  • you need to start giving out forex tips based on this crap

  • Great Vid. I think you really illustrate how well we are so screwed. I am getting myself ready as much as I can, but i don't feel i will be fully ready when it does come. You can expect massive amount of capital flowing out of the U.S. soon, due to the USSC decision on Chrysler yesterday. The full ramafications of this will come in a few months I reckon. Why invest as a secured creditor when the court turns around and say your money is not protected? Cheers! Mike, London, On.

  • Thanks Mike. Great video as always.

    Any advise on preparing? Gold, silver, other currencies?

    Anyone know how to trade us dollars for other currencies inside the US?

  • Please, DIGRESS anytime you want. I need the explanations. A lot is over my head but you explain it best when you say," A bumpy ride is coming." I do understand that. Thx for the info.

  • Keep up the good vids Mike. It kind of feels like we are at the top of the climb on a roller coaster and edging closer and closer to the big drop. Here we go!!!

  • I think the devaluing of currency has a lot to do with the oil prices and trading their futures

  • Mike - as ever the IMF story is where its at... can you work it out yet??

  • I did - along time ago...

    Now just trying to get everyone else caught up; gently

  • Everyone just remember unless proven otherwise this is not caused by Obama. He should just be considered another victim unless there is proof to the contrary which I doubt in such a short time.

    We should see what Bernanke forced BofA into soon.

  • New york times may 20. preventive detention. HR 645 in January

  • I have to say you are looking quite handsome tonight! : ) Yes I have returned to wrecking YOUR comments section! rofl! : ) Not fair that your hair is prettier than mine, though.

    So should I keep the six American Dollars I have for museum pieces?! ; ) Oh and when I was over in the US, none of the banks would change euro to dollar. They told me I'd have to wait two weeks. Is that normal??! I had to go back to airport & pay a fortune in commission to the s.o.b.'s!! : ( Poor me! rofl!! : )

  • I think that is normal. Foreign currency transactions no problem...! You are talking about Canadian dollars? No? Oh well if you would like to give me your details we can have things sorted out in fourteen days for you"

  • I was looking for US dollars....fourteen days sucked for me...only had seven days left there! rofl! : )

  • not fair at all on the hair front - soz!!!

  • There is some big money to be made in T-Bills if you time it right. If not, well you know...

  • even the webbot predicts the dollar done by nov. this year

  • another delayed prediction...I live by Mt. Rainer, a 14,411 ft mountain that dominates the skyline around here...I'm predicting it will erupt soon, in the next few years...and if I'm wrong, I'll just say it again a few years later...eventually...I'll be right

  • rutabagas too...

  • This is fresh doom, thanks, Mike. I already have a panic-sex partner so I am ready for the apocalypse.

  • ROFL - oh dear - too much info LOL

  • Who is winning? Do we need to win ? what is to win? The Godhoods their clouds or the peasants with with their feet on the God given ground.?

  • They are winning, for now. They will continue to win until the populace wakes from its slumber and learns to use strategy....to consume the monster from the inside, like a cancer.

  • 5.39

    subtle...

    badgers

    and

    parsnips

  • mikey

    saw what you did

    subliminal..

    very neat ...

    leek like...

    have a rutabaga...

    free the parsnips...