Economic Collapse Update (Bank Stress Tests)

[gosciu555]

Yep, ever heard of the plunge protection team? They put in money into the Chicago exchange to generate a multiple of that of buys in NY.

[LokiScoutSniper]

The past eight years we've been in a bear market. With occasional bull rallies. Inflation is coming.

[mrladlow]

sucker market.

[florgat91]

Celente's 15 minutes of fame are just about up - the public is just about finished consuming his shockonomics - time to put him to bed -- the greatest RECOVERY has already begun..

financial markets up 35% !

housing has bottomed !

banks profitable !

consumer confidence up !

manufacturing up !

unemployment slowing !

in a mere 100 days Obama has turned this economy around ! Christ-like ..

NEVER BET AGAINST THE FED !

[endlessmountain]

and when dollar riots happen, then what?

The unemployment rate is 20% now

LOL your funny

[AllahConsciousness]

I'm telling you man, you are the coolest econ Jew ever. If I were President, you'd be my Treasury Secretary in a second.

People who don't listen to this guy underestimate his Jewish genius.

[mrladlow]

you need to stop watching fox

[martialarm]

you are a nut

[pretorious700]

You are out of your mind, unless you are being sarcastic.

[redwingslou]

You would have fared much better had you only posted your last sentence.

[gosciu555]

Wow you sound like one of those post communists from eastern europe, The Factories were going full-time, the production lines, life was good. RIGHT, except that there was nothing on the shelves but vinegar.

[GOTZEUSIPRODUCTIONS]

Maybe we will learn after WW3. Greed...Nasty stuff.

[GOTZEUSIPRODUCTIONS]

WWII - "Consider the following examples: At the beginning of World War II the US had a mere 600 or so first-class fighting aircraft. We rapidly overcame this short supply by turning out more than 90,000 planes a year. The question at the start of World War II was:

[GOTZEUSIPRODUCTIONS]

WWII - "Do we have enough funds to produce the required implements of war? The answer was No, we did not have enough money, nor did we have enough gold; but we did have more than enough resources. It was the available resources that enabled the US to achieve the high production and efficiency required to win the war. Unfortunately this is only considered in times of war."

[demensha23]

Helpful Vid! And very astute comments from all your viewers! Dare to prepare..

[ndrew206]

thanks for bringing the real news your better than fox

[GOTZEUSIPRODUCTIONS]

Their about to crash the dollar...

[virusone25]

Are you sure?

[GOTZEUSIPRODUCTIONS]

thevenusproject,com  read the resource based economy.

[pinkcheesegreengh0st]

Great video man ! I like your style of financial info

and spiritual info. Keep up the great work

The stock market is easy just bet against logic !

[Rockerchic4God]

Derek, the whole thing is RIGGED. There really is a PPT - that's why the market hasn't totally crashed.

[NibiruMagick2012]

I am going to guess that the missing bailout money is in the market.

[gabthebest]

i think excacly like you , i like you re video ,sorry for my english !

[duyjava2]

Normally, stock shit falls on the Monday includes asian stock . But today stock rises must be to re-inforce the stock market before the announcement of the stress results make to public which will be on this Thursday . then falls back down within a few hundred points . keep on going up and down . the point is to motivate people to buy their shares even they have to lie ... Business !

[huskie767]

short the market!!!! Short with extreme prejudice!!!

[bnash2002]

wells fargo is considered one of the banks that is doing well. if they need capital i can guess how the other banks are doing.

[POSSUMTOHIDE]

Thank you for the news and commentary

[P3coTrain]

Hats of to you! Wasn't sure if you were in your right head or not. Hard to tell when its in text form. Glad to hear your ready for this, its gonna be a bumpy ride.

I always keep my humor! I still giggle when people fart and I make funny faces in the mirror.

[marcopiero]

When Bernanke and Geithner said that the Big banks will not fail and then that all 18 will not fail either, that was the sign......take it or leave it....but it was the sign that financials would have and will rally until they have to. Or until THEY decide when to let them fall....and they will. Maybe this week, maybe next...maybe thi summer....this who knows. But they will fall and hard again. Draggin down thw whole ship.

[PorscheB06]

They are just printing more money. The govt. will not tell the truth about how bad the banks assets are. They just give them more money through the Fed discount window. It is all smoke and mirrors.

[Zwikster]

watching the ETFs - FAZ and FAS is completely wacko. No idea why FAS is going up and FAZ going down. They are now reversed, with FAS being higher than FAZ.....o....k....I guess the banks are fine....lol

Stock Market is a casino I want NO part in on this madness. Just keep on stacking metals instead!!

P.S. go to First Majestic's website. They have nice silver on sale ready for delivery for only $14 US per ounce.

[bigsteelguy]

we're going back to a gold Standard around the world, and a New Currency. NwS New World Society that is what is going to happen soon.

I'm sure it will get worse but it's really going to get so much better and by the end of this year, Everything is going to be ok again.

[Lynchian74]

The Dow was at 6500 early March. It was plummeting on weak economic data. Since a "leaked memo" from Citigroup showed a upbeat January and February the market rallied. All the information such as unemployment soaring, GDP down 6.1% and deflation setting in have been ignored in favour of rumour and confidence surveys. The market should be at 4500. Its at 8300. Massive crash this Friday 8th May.

[imigrantpunk]

What do you think will happen to the price of gold and silver if the stocks crash? silver went down with the stocks in Nov08 but went up prior to Mar09. If we are still in deflationary environment then everything should go down.. Any ideas, anybody?

[Lynchian74]

People will flock to Gold has a save haven. The dollar and bonds will also do well temporarily. As for silver, I think it will take off with gold when hyperinflation sets in. (once the trillions printed hits main street and output doesn't increase)

[imigrantpunk]

Thanks, Lynchian. Do you expect the inflation to hit during he crash or much later? It seems that it would require the release of the dollars that everybody is hoarding (mainly the banks). I think we have been seeing some effects of inflation in past month (stocks rally without fundamentals). Though in a crash situation the trend should be reversed. I think there is a possibility that the metals would go down temporarily during the crash, which would be a great opportunity to buy.

[lightleague]

Great vid, D!

[P3coTrain]

sarcasm? I mean your getting robbed man!

[Danster82]

Second phase of the crash starts after these stress test results are released apparently.

[talagor]

I was wondering if this recent rally is caused by all the banks pumping their trillions of dollars in bailout money into the market, driving the prices up.

[eswogdlarah]

JPMorgan Bangsters

[jordan2tagg]

As far as I know GS has doubled their risk and are atm at a historical risk exposure. Considering that GS are the corp. mafia and have all the internal information in their hands I wouldn't be surprised if the market kept surprising us right through this 2nd quarter of 2009. And btw did you notice the strange and huge volume in the market the last 10 minutes :)))

[keitheeds]

good facts

[quicktripgas]

OBAMA Has SAVED US!!!!!!! LETS CELEBRATE. Never mind the fact the dollar got hammered today.

[wellingtonsc75]

Obama -- YES HE CAN!!! Where do I turn in my guns and gold?

[quicktripgas]

LMFAO!!!!!!

[70short]

Ill drink to that !

[jordan2tagg]

The dollar got hammered because the market is having a so called technical rally and has lost any touch with reality. If an economist sees a rally like today that is not backed by common sense, something must be wrong. Thus many ppl dump their cash.