Ratings agencies like standard&poors and moody's have zero credibility. These jokers were responsible for rating junk morgage securities as AAA.
The UK's rating should have been junk a long time ago when they passed their 500 billion dollar bailout plan. They claim their exports as being "financial services" which has since gone bust in a major way so how can their economy be on sound footing.
No way US would be rated below AAA. Moody's and S&P takes its orders from the US govt.
The Interest Rate for your advice is that it has always been rigged by the government who borrows from the Federal Reserve. Have'nt you herd of Political Economics. The lost billions are still there !! there is no way they could have disappears after a few days trade on the market, thats why CEOs get the benefit without a doubt.
1ringknocker (a poster on this page) is committing Treason! Just click his name and you will be directed to his profile.. Check out his background picture. It is an Epitaph of the United States. That is the same as Flag Burning!
This guy is a fraud. He predicted that the Dow would go to 5000, three months ago. Since March 6th, the DOW went to 8700. Do yourself a favor and DON"T listen to his advice. Others have and have lost a lot of money.
Hey out there does anybody know what years to watch for when collecting coins for real silver, nickel and copper? For silver in US currency was it before and including 1964? and what about copper and nickel? Who would know?
My short on the 30yr has done 10% in the last 3 months, 15% in the last month and 11% in the last 5 days. It got rocked a little when the FED did some buying, but it just keeps climbing.
I had a friend that I was BSing with, he's sort of a noise trader, I told him to get tbt when it was about 38ish and he rode it to about 47ish and then the fed came out messed with it so he got out, too bad cuz its only looking better and better
Helping a couple veterans. One had to move out of a repossessed home across the street that he was renting part of. His crap is stored in my front parking area. Today, his Section 8 voucher was terminated because he wasn't using it for 1 month while trying to transition.
We are moving into the basement so he could qualify to rent. County has tough regs. I must move out to help them? Did that. What is the county doing to help them? Now they both are living in RVs.
One works for a defense contractor; one is on disability. Now I risk hardship not only financially, but in my marriage.
I'm working for a retired defense contractor employee. He's ending my work soon because I've been AWOL trying to clear out and fix my house up for rent. I got caught in all the mess. Behind now on my mortgage. Will be begging for work door-to-door soon.
Camping in the backyard, fixing up the basement; eating rice and beans--with wildflower salad and greens--thanks MOT!!
Probably won't renew internet connection I'll keep a watch here at MOT from the library if i can't find odd jobs to pay bills. Please keep me in your prayers.
Pop pictures up of your finished pieces on eBay with a price tag. Zero cost to you and worldwide audience. The pieces are started with a 60% deposit for mats and paid on delivery. Pieces can be adjusted for size or style with various finish options or shipped unfinished.
You can't compete with giant retailers on material costs but you can save buyers the cost of the store's overhead/profit and the labor is your pay.
Go to potterybarn's site and look at prices, sell the same minus 20%.
Thanks for your concern, crab. I went to Ebay and searched "arts crafts furniture" and found the highest price item was a catalog for $28.
Then I search "handmade furniture" and the first 50 items didn't have even 1 bid.
I have found work going door-to-door. People love a desperate worker-- admit it--affluent Americans didn't get where they are because they have empathy or great taste in the arts and crafts.
I chum for sharks!
Americans control the most wealth in the whole world.
I am one of the finest independent craftsmen in America. I understand the mind of the rich. I call myself a "handyman" because I found that this gives the elite the feeling of superiority. You can't imagine how much they brag about discovering this "handyman" who came to their door.
In America, a truthful master has to humble himself to just survive; a mediocre can get rich. The system is upside down.
One day my pieces will be very expensive. i have built a story behind my work. Art needs a story. I doubt that I will make more than a worker's pay, but the people who gave me a chance will have pieces worth a fortune in the future. This is just how it works. I have a great passion for what I do and my life is filled with richness.
You can't be bitter just because your society lacks vision.
your a good man, and will be justly rewarded for your efforts. Look at it this way my friend... after your journey on earth has ended you have all of eternity to work and build on that mansion that is awaiting you in heaven. I will place you on my prayer list tonight. Col
All Advanta Credit Cards for all small business have been CANCELLED effective May 30th, 2009.
Advanta is a major source of credit for small business. Now the small businesses will go into the tank the rest of the way. Cash is now King.. its official !
Anybody think the upcoming loss on GM Bonds and all of the associated leveraged derviative default swaps are going to kick off the collapse of the bond market? Or does that just rock the deriv market?
I was noticing gas prices climbing quickly near me. Then I read the news of "6 month high oil prices". Finally I read that it is just the Chinese stockpiling oil and dumping their US dollars.
It is hard to predict where we are heading when we don't even know who is driving the bus.
You are completely right, I loaded up on an ETF that ultrashorts the 7-10 year bond earlier. 10% yields here we come.....full steam ahead. I hope people realize 30% gains in less than 3 months is not realistic, there are no gains until you sell.
. Bank trade groups are asking the Federal Deposit Insurance Corp. for permission to bid on the same assets that the same banks would put up for sale as part of the government's Public Private Investment Program.
Do you think the Peace Corps might be a good choice for those who are in the position to do it? It will help to teach how to live off the land and get far away when things get bad.
Hello Mr MOT. Thanks for all your hard work and postings. Very useful. One thought I had, if you look at one entity in the world that could pay off the american debt, what do you think of the vatican, roman catholic church paying it off. They have more gold than any entity in the world. Just a thought.
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LOL I wrote the grandmother thing on purpose, it has absolutely no meaning but to prove some dumbass is going around selectively giving certain people the thumbs down, this moron keeps doing it until people get -6 and their comments disappear. I describe this person as most likely being a Crystal Meth addict with rotten teeth and unknown parents do to being placed in a dumpster at birth which I can certainly understand why...
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A drug addict can be the only person simply because they sit there 24/7 and hit the thumbs down sign... Definite signs of a tweaker... Get a life man! I am pretty sure who you are and I'm making the arrangements to get rid of you...
K9, I have noticed people thumb you down for everything you post now. You aren't afraid to state your opinion, so at first I firgured you just were getting some "heat" going in the discussions - mixing it up with people banging ideas back and forth.
Then I noticed carefulcarpenter get 4 thumbs down for a one line poem ... wtf?
I guess it could be one nut with 4 sock accounts. Make bad posts about MOT and then thumb down all the regular posters->change account->repeat.
I have been watching it for the last week 1/2 before I said anything. I really don't care about the thumbs down in moderation but when a person gets -6 their comment disappears and thats what this guy's goal is... this has certainly become obvious... Some people have no life at all and cowards never show their face.
"most likely being a Crystal Meth addict with rotten teeth and unknown parents do to being placed in a dumpster at birth which I can certainly understand why... "
"which I can certainly understand why... "
lmao
They're just razzin ya because they don't have a clue
That's the thing about secret discrete manipulation coupled with propaganda nonsense
nobody knows wtf is going on but they've been given plenty of targets to be selected as per individual taste
I kinda ENJOY getting the thumbs down, It means that the point I was making was understood, and I pissed them off... in effect beating them at their own game.
Come on friend give me another thumbs down ,cause I like it. I'm making YOU work, for me. That's right... I control your every move. Come on do it. I said !
I say POST, POST, POST, and give this genius sensory overload, and maybe he will short his self out.
The fed will dilute the money supply so badly no one will want the dollar. When it cost to much for a gallon of milk then the gov will have to react. The fed has a plan already. The world bankers via IMF will change US debt structure and change the book value of gold from $42.22 to $?. They will stop the supply of gold. They tested this last year and are doing it right now. The US Mint will not sell you gold. When private dealers run out of supplies and people scream then they will do it.
government has huge variety of options but one thing for sure is that it is not going to be advantageous for ordinary people :) First money will run 2 gold then out of gold . Whether on people own accord or by creative ideas of criminal government .That is guaranteed .
gordon brown is a major pawn in this game - he alone has run up the uks debt / deficit - he is a new world order scum bag. CLEAR OUT (MOST) ALL OFTHE UK MPS NOW IS THE CHANCE - ANTONE CUAGHT IN THE EXPENSES ROW THEY SHOULD BE OUSTED
Ireland, Italy and Belgium are close to going bust warns Harvard historian, Niall Ferguson, with the UK not far behind. According to the professor, the economists charged with navigating the crisis are ill-qualified to anaylse the situation.
I'm seriously studying Stanley Meyer's Water Fuel Cell (WFC). Meyer built an engine that creates hydrogen on-demand from water that is fed into a modified gas engine.
This technology has been suppressed and bad-mouthed by big oil.
mot, just a crazy thought. If the dollar collapse will that be a possiblity that the stocks will go sky high since there is hyperinflation. Instead of going down will it be the opposite? It just seems like the it rallies more whenever bad news come out. Very odd. Thanks
survior: in a hyperinflationary environment, the stock market will go through the roof every day in nominal terms. This happens in Zimbabwe were the stock market frequently goes up thousands of percent a day (or at least it did last i checked - maybe they're not trading now).
However the important point is that in REAL terms (i.e inflation adjusted) the stock market will be going down.
The US stock market has been going down in real terms (i.e priced in gold) since the year 2000.
The bond situation is borderline funny if it wasn't so serious. China actually made a big purchase ($23B) in March but it was all short term stuff.
I supose if they let auctions fail then their holdings get diluted. I don't think however we can rely on this. China is buying Tresuries because it is the only place to dump large cash. Then as Chena3 said, they use them to purchase hard assets.
So far the US has had a net loss of $200B in capital exiting the Country this year.
Somehow this needs to be turned around to actually bring in $2Trillion to cover stimulus + deficit + TARP + Wars + loss of tax revenues + giant benefits for unemployed workers + etc.
Obviously, even if China could buy what they did last year ($270B), we would only start to filll the hole. The $2T in debt will not be purchased by anyone. Mr. Obama is making a lot of promises that cannot be kept.
At some point the "montly nut" will crush everyone.
The wars have averaged $275M each DAY for the last 9 years.
And, all that national debt has an interest payment of $412B yearly (2008).
All of the towns, cities, states are going to require a bailout like California or they will go broke. Businesses aren't making profit, so they aren't paying taxes. People aren't working (or are underemployed) so they aren't paying large taxes.
The only answer is to print enough money until all that debt is hyperinflated away.
I supose the genious bankers have decided this is the best option. This is only accomplished by being the greatest military power in the world. At some point we will see Obama say, "what are you going to do about it".
We have been lulled by the last 40 years thinking war is mostly fought on TV or through diplomats. It is a measured attack with restraint so the public doesn't get outraged.
A real war has a place like North Korea/Iran levelled in 2 days and radiated for 2 years.
crabshack777. He now wants to socialize medicine and add more debt. We are having another TEA PARTY on the steps of our local court house on thursday at 5 pm and I'm planning on going. Over 1000 showed up at the last one with only one days notice in the paper.
Great! Obama is pushing for a new "Federal" emissions on all vehicles. He is warning the car makers all vehicles must meet the Federal regulations and eMPG of 45 miles per gallon. This means we will now have 2 seater vehicles no bigger then your refrigerator, highway death rates will rise over 800 more casualties per year and forget about towing RVs, Boats, Trailers etc. Carter tried this same exact thing and when the higher millage cars came out people drove more and actually consumed more fuel
All I can say is that we need to start walking and getting the legs in shape, because if you want to go somewhere you will walk, Between taxes and differnet controls in place, We will be in the same shape as Keyans or Africans, Just walk.
MOT, watched you on george4title and on here, where are these "sources of truth" that you go to. I try and learn what I can but I feel like I'm hitting brick walls with what I can find on the internet and a lot of the books that can be found at the book store. I'm just trying to figure out how to put it all together and I guess get there to understanding it.
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It's crazy how rapidly the dollar is crashing. People will be shocked by how quickly hyperinflation arrives. Manoftruth is a hero. Read the articles and signup for the free newsletter at: Inflation . us
We're gonna have to rebuild everything up from the state level again. it's ashame the government is trying to cover up such an immenent disaster. This proves that we no longer have true freedom of the press (news). It's only as "free" as the corporations who control the stations/papers and pay off the politicians allow it. I really hope we can make it through this andsalvage our government, it'll be a very trying time. I doubt centralized banking will ever crossanother americans mind after this.
next week amerika offers 162 bil treasuries for sale..
There isn't enough capital in the world to buy the new sovereign issuance required to finance the giant fiscal deficits that countries are so intent on running. There is simply not enough money out there,to buy all these treasuries...
Oh, don't worry too much. There will be spin and qualifications piled upon this admission, most likely before the markets open in Asia on Monday. But this trial balloon of admission is how you start breaking the bad news to people unwilling and ill prepared to receive it.
monday the world markets get to play ..while amerika is on holiday ..could be interesting ..take care guys ..
Gordon Brown sold half of Britains centuries old gold reserves in May 1999.
Traders were told before the sale which pushed the gold price further down.
He sold 400 tons of gold.
Now Britain has few assets, or industry and the population is spiralling ever higher because of an open door policy on immigration and a generous benefits system.
I reckon by May next year, there'll be rioting outside Parliament, and it won't be the usual anarchists or anti Isrealis. It'll be the family men.
Great video MOT!!! Good to see you back!!! Now, it's simply a matter of timing. Not IF, but WHEN, and that's going to be the hardest part to pin down simply because the FED and the government keep trying to prop things up and they will inevitably exacerbate the problem. The Bilderberg group discussed much deeper problems than what we're now seeing. They expect 14% unemployment by years end and expect conditions to degrade rather quickly.
"The real wealth generated in the American System of Economics is creative in nature; the ability to turn the minimum into the maximum benefit; taking the abundance of Creation and freely advancing the human spirit. This is contrary to the British System which is about exploitation of human and natural resources via austerity and managed market control. The Internet is the new frontier; designed by creative genius for man to either advance consciousness freely, or intervention and regulation"
It doesn't take a genius to know that inflation takes 3% of your money every year, that the federal government has been deficit spending every single year. and that they can't balance a budget with SS and Medicare on it.
Do the math people. It is only a matter of time before the dollar is worth nothing. (Technically it already since since it is a fiat money system)
Don't get caught holding confederate cash when it finally goes completely down the shitter.
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Just the facts you say. Let me ask you this... Do you always make your factual statements with a ( ? ) question mark at the end, Or is that a Freudian slip. Here's a helpful hint, the next time your mouth tends to overload you A _ _ . Duct tape is always an option for you.
MOT - always enjoy and appreciate your videos. I agree with you on the prospect of much higher interest rates in 2010 and beyond. I'd bet on it if I knew how. Any idea how you CAN you do that?
re: Gold. My guess is that gold peaked with the oil price in 2008 (as it did in '79). I see low demand for gold jewellery and people selling it to pay down debts. Might not governments also be forced to sell gold reserves to buy and buoy up their own currencies? Just a thought.
I'll say this. Our country is hurtling right toward a total economic collapse. We're sliding down that road now. We've never owed so much money in the history of this country. I predict that it won't be long before this country defaults on its debts. Everyone brace yourself for the suspension of your Constitutional rights as president obama declares martial law.
Great video MOT! I know everything your saying will unfold and its really not that hard to see. There is NO WAY we can prop up a failing financial system with money we don't have. I'm a little curious though MOT as to what will survive this depression? What companies and what do you think other countries currencies will be worth in relation to the usd when this all unfolds?
I suppose i missed the explanation in a previous video...no disrespect intended.
Harvard Business school and 30 years of studying the financial markets. How can you possibly be so broke that you are soliciting donations on the internet.
A lot of people get divorced so that doesnt seem to be a reason to have no money given your education and all this insight into the global markets.
So is it time to short t-bills and treasuries? I should have but imo it's a risky venture because fed/treasury can manipulate things so easily short term. long term is a safer bet if you can ride it out.
fun with numbers.... P/E.ratios usualy bottom around 10 .. in a recession may 2009 numbers.... Dow Industrial 36.32 P/E > Dow Transportation 54.51 P/E > Dow Utility 10.67 P/E > Nasdaq Composite 54 P/E > Russell 2000 47.97 P/E > S&P 500 58 P/E long way to go woof...
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The dollar is rapidly crashing and Americans who don't prepare for hyperinflation now will soon be broke. Read the articles and signup for the free newsletter at: Inflation . us
I'm kind of confused, I just saw a video of a guy who said we're right at the edge of the Bond market collapse, which would send interest rates through the roof. But if the interest rates go up, wouldn't we go into massive deflation rather than inflation?
marky, with inflation, investors will not lend money at low rates. With hyperinflation no one will lend. That will happen within the next one, two three years. And at some point the dollar will buy nothing.
it was funny to see you post this after chattin w/ a friend last nite i kinda pieced together finally how this collapse will happen. it begins when there is less demand for our debt. when no country wants the dollar its worthless much like any other type of investment except this scale ican't be put into a visual sense. could create war and only way i feel the dollar could be i guess could be resued at that point is going into a closed controlled society. doubt a new currency could solve it.
IF u know so much about the fin markets then why are u so broke? Look at T-bill yields over the last 20+ yrs not 1 day or week and you will see they are as of Fri it is midrange in a long decline. Infl will come but not now. We are entering a deflationary cycle. It will take time to run its course. Hard to believe but $ and T-bill will again rise per deflation handbook. Obama is Bush on steroids and will take us hard Left to big govt/socialism. That is the greatest threat we face
Thanks, Bro. It seems that friends and angels are there when you need them. Donations have come in so I can go back to Harvard next week. I am sssoooo grateful. A few more bucks and I will have a place to stay every night.
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Your the Best MOT. Have U seen KARL MALONE OR JOHN STOCKTON in Salt Lake City Utah? If so tell them hello and I mis them. I know the dollar is heading for trouble it's really sad. MOT u opened my eyes to a lot of things which I'm facing in my life. Thanks for the update. Looking to here from u soon. JS.
Personally.. I can't wait for the financial system to collapse. People need to find out the hard way that every reckless thing they do has a consequence. We've gone so far against universal principles that it still amazes me to this day that our civilization has managed to get this far. Our politicians have sold us out and it makes me laugh to see people still walking around supporting republicans and democrats. Both parties are draging us to hell just at different speeds.
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oblivion292
So basically what I get from your comment is you cant wait for the collapse and innocent people die, children left homeless in the street and people starving to death all because you feel it was not the politicians or the Wall St crooks but the people fault for the collapse and they are the ones that should suffer.
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The same people who have been paying their taxes, working hard, start a family with little children and paying their way in life, paying for their children to go to college and have a better life, believing in the United States and doing their best to make a good life for their own family. So these are the people you want to see suffer because of what has happened (Not the currupt Wall St rich!) cont...
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What really worries me is your assine comment got 2 thumbs up... This is what happens when you mix a good education and subtract logic and common sense... What makes you so impervious to the collapse, you will suffer like the rest of us. Careful for what you wish for.
And Btw. I am impervious to this collapse because unlike most of my fellow Americans, I've paid off any and all debts I had, invested in physical gold and silver, bought guns and stocked up on ammunition and have a 3 months food supply and I have a house in the middle of dense woods. I and a few others prepared ourselves and it pisses me off to see that irresponsible people are still getting bailed out. But I know for a fact that a financial collapse is comming so I won't even bother arguing.
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Dude for one thing don't ever threatened me again, I WILL meet you somewhere and take care of it. As for the rest of your comment. Do you actually think after we elect these morons they do what they told us they were going to do in the first place.
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They NEVER do, the American people are duped all the time so how can you possibly say it is everyone's fault when we aren't being told the truth, voting poles are the biggest scam going and anyway most Presidents are preselected no matter who we want in office.
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As for credit cards your right however I never use them because I never apply for them. I pay cash where ever I go and have all my bills paid. As about your little Ruby Ridge hideout in the words it is not going to work... If the US collapse their is a good chance an outside military will be taking over because of all the foreign debt this Gov has accumulated and if that happens the only thing you will be doing ...
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is going out in a blaze of glory protecting your property and you know where that gets you? DEAD! so-so much for the guns and ammo, I have them to but there's no way anyone is going to take on the military. As for voting, it is the electoral college that decides who gets in and who doesn't...
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But as for Obama most were nieve young people who voted for him. Another thing, the people never wanted any bailouts, those decisions were solely on the current Gov and their friends on Wall St. Sub Primes were also a result of criminal corruption not the peoples fault except for the ones that took out loans they knew they coulndt pay.
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About the credit card debt I agree but it is not the credit card debt in this country that has caused this problem... Wall St corruption caused the problem and not the people
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A.
Your drifting into another topic for another time, My original point was your wrong for painting the American people with this broad currupt brush. To say this collapse is solely the fault of the innocent American people just isn't so... By the way as for the borders, its the liberals who want them open, every illegal that crosses are potential votes amongst many other things.
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B.
If they took a vote on building a wall or leaving it open I am sure it would be a landslide to build the wall... America is not a democracy it is a republic, it is the democracy that keeps the border open.
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By the way I have a close friend on the dept over in an apartment building up your way on the corner of Forest Parkway off Jamaica down the block from 86th Rd maybe he can pay you a visit on my behalf, I'll give him a call. By the way again, I thought you said you live deep the woods, Woodhaven isn't the woods infact if someone were to bust you with all those guns in city limits you may go away for a bit. Your in the city not the woods. Your credibility is starting to erode...
Dnt threaten me with your bitch ass friends. You think I'm going to get scared because you'r going to pick up a phone and magically have my ass kicked? Come on dude.. you're from the Bronx.. you should know way better. I have plenty of friends that live in White Plaines. How about I fight your friends and you fight mine? See how stupid that sounds?
And btw. I own a piece of property in Florida where all my guns are legally registered.
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oblivious292
You work for the PD and carry on threatening people over the internet like this... I would guess there is no moral turpitude oaths taken when they hire you civilians. The fact is my family has over a 50 year employment history with the NYPD from the ESU, Patrol and Detectives including my Dad who worked for NYS DOC at Sing Sing prison up in Ossning NY etc etc.
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2. I also have a niece just got into the FBI (Forensics) and family who worked for the NYPD Police Commissioner for many years but she has moved onto HLS and my Cousin Jeff formerly NYPD Patrolmen until he was shot back in the late 80's just retired as the Chief of Police in Boston.
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As for Steve do you think it would be my right to post his badge number even if I had it or his last name. I will say his last name begins with an H and ends in S however the last time I even talked to him was a few years ago. Don't kid yourself my friend it works both ways.
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I have many connections in the NYPD for many years.. I guess Courtesis rings a bell with you, what would he think if he knew you were threating people online. I have to say I'm not very impressed with the civilian employment selection of the PD back there these days.
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"oblivious 292"
You cant even read and comprehend a thing can you. First of all what do you know about the people in the Bronx... Nothing! and I am not threating you with friends, I said friend, Steve is a cop that lives around the block from you.
Bitch Ass? ROTFL... I have a Black friend of mine (Phil) who stopped using that saying back in the 80's lol. Maybe thats how you Woodhaven keyboard tough guys talk lol.
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Yea property in Florida now LOL. Hey! can you hang on a minute I gotta go get my boots lol More BS. Whats next a bomb shelter in one of Saddam's palaces lol
By the way, White Plains LMAO theres no tough guys there either and never was... White Plains Rd is a ghetto now destroyed by the so called deprived. I use to go to the White Castle on White Plains Rd... One night we had a pimp chase us down with his Cadillac from White Castles parking lot because...
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3. he felt we stole his parking spot... We stopped and he tried taking off... he didn't get to far because we pulled his keys and Mike beat him to a pulp in front of his women. Nope no tough guys there either... Next!
Hey everyone watch how pissed off this guy gets in his next comment lol. No control what so ever and these are the people who own guns, its no wonder they want to ban them.
Steve the cop huh? I wonder what precinct he works for. I do administrative work for the 102nd precinct on 118th st and have friends at the 106th precinct. Give me his last name or his badge# Lets see if he even exists.
And Mike? HA. You're talking as if I know these people or that I give a damn. Nope I dont...neither do I care about the pimps you chase down in the Bronx. And yes. I do have property in Florida. I co-own a house in West Palm Beach and another that you dont need to know about.
The liberals and conservatives are all part of the same party. It's all a visage. The agenda never changes no matter who's in control. Obama is accomplishing the same goals started by bush. The war has actually expanded since he took office. Now we're invading almost the entire middle east getting closer and closer into a position we can't back out of. Invading other people's countries and homes and families is wrong. We wouldn't like it if somebody did that to us.
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Luigi84
Well said, I agree 150%. I feel if anyone "these days" believe anything the people in Washington say they need to have their heads examined. There is no more republic and today they should only be looked at with the up-most of distrust & suspicion. True there has always been a distrust for politicians but that has never become more apparent then now. Bush was a disaster threw and threw, he got the ball of destruction and corruption rolling so fast there is just no way of stopping it.
Let me just stop you right now because who elects these politicians? Who puts this source of corruption into power? We did. We allowed moronic policies to be signed into law we never secured our borders (which has had a big impact on our education, healthcare and economy) we ran up HUGE debt on credit cards (average american now has 10k debt on credit cards) So just stop it right now with your bullshit before I slap you.
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INTEREST AND APPRECIATION
"In the hearts of men, these traits, interest and appreciation, are rare and valuable; for love is the greatest gift one can give to another. A woman must decide, and decide they will, young men, for riches are subtle and demand much attention and appreciation; those who know not this wisdom, know not love"
if i have 100 ozs of gold how will i sell it if inflation hits and its 4 or 5k an ounce wouldnt it be worthless because it wont have a buyer? I guess what coming our way will be made of very violent moves in precious metals with big time inflation SCARRY just to think about it
If gold goes to $4000-$5000/ounce, everything else would cost more. People could afford to buy it, because there would be a lot of money in the system. By then, a loaf of bread would cost anywhere from $15+ to $20+. Gold will not make you rich, but it will preserve your wealth. It is a form of wealth insurance.
Set the get together up!!!! I live in Boston too. Let me know if you need anything. i have connections from hotels, dinners,car to get around etc. I can set up a quick tour of the city and you can film it for your channel
Ohh yes...Plenty of sheeple over here in the U.K! I started warning people over a year ago that things were going to turn very bad soon. All I gave them was the facts and truth but just got labeled Gloom n Doom...very frustrating! I'm no financial advisor (for what they are worth) but just told them to think about that bigger house/car/holiday they wanted (on finance) because there is a collapse and huge job losses around the corner. They just prefer not to listen than prepare...sad situation!
This has been flagged as spam show
Nice work. keep it up. mean time come for social media marketing for esteembpo**com
lyndonsilva 2 years ago
/watch?v=745nN7W_sO4
thinks fears of US being able to fund it's debt are unfounded now.
Interesting. I don't know who this guy is, but he has an opinion.
Clarissa2424 2 years ago
3 weeks ago he says 3.3 here and now it is 3.8.
I think he is right once again.
daridaist 2 years ago
Ratings agencies like standard&poors and moody's have zero credibility. These jokers were responsible for rating junk morgage securities as AAA.
The UK's rating should have been junk a long time ago when they passed their 500 billion dollar bailout plan. They claim their exports as being "financial services" which has since gone bust in a major way so how can their economy be on sound footing.
No way US would be rated below AAA. Moody's and S&P takes its orders from the US govt.
orangedac 2 years ago 3
The Interest Rate for your advice is that it has always been rigged by the government who borrows from the Federal Reserve. Have'nt you herd of Political Economics. The lost billions are still there !! there is no way they could have disappears after a few days trade on the market, thats why CEOs get the benefit without a doubt.
AlphaOctantFaction 2 years ago
Noe matter how bad things get here, America should NEVER be Declared Dead.
1ringfraud is an Un-American piece of Sh!t.
MrInnocentbystander 2 years ago
1ringknocker (a poster on this page) is committing Treason! Just click his name and you will be directed to his profile.. Check out his background picture. It is an Epitaph of the United States. That is the same as Flag Burning!
MrInnocentbystander 2 years ago
This guy is a fraud. He predicted that the Dow would go to 5000, three months ago. Since March 6th, the DOW went to 8700. Do yourself a favor and DON"T listen to his advice. Others have and have lost a lot of money.
MrInnocentbystander 2 years ago
Who is Mary-Elizabeth: Croft , Robert-Arthur: Menard & Winston: Shrout?
abedanger 2 years ago
wow, u explained bond interest and yields better than any text book.
mrzack888 2 years ago
so according to MOF, should we go long TBT?
santiagoJjavier 2 years ago
Hey out there does anybody know what years to watch for when collecting coins for real silver, nickel and copper? For silver in US currency was it before and including 1964? and what about copper and nickel? Who would know?
manofreedom 2 years ago
try endlessmountain
SKAMP57 2 years ago
endlessmountain coins for the dollar collapse video
SKAMP57 2 years ago
You're a bum I seen the stuff with George4title and you need some help!
bluzy25 2 years ago
Yeah, big moves in the treasury markets... that massive debt is starting to be a bigger and bigger burden on us.
Jbreed2011 2 years ago
My short on the 30yr has done 10% in the last 3 months, 15% in the last month and 11% in the last 5 days. It got rocked a little when the FED did some buying, but it just keeps climbing.
crabshack777 2 years ago
I had a friend that I was BSing with, he's sort of a noise trader, I told him to get tbt when it was about 38ish and he rode it to about 47ish and then the fed came out messed with it so he got out, too bad cuz its only looking better and better
Jbreed2011 2 years ago
wed close
10 yr..treasury
3.695%
4.00% by friday .????
chena3 2 years ago
a.
Col--
California
Helping a couple veterans. One had to move out of a repossessed home across the street that he was renting part of. His crap is stored in my front parking area. Today, his Section 8 voucher was terminated because he wasn't using it for 1 month while trying to transition.
We are moving into the basement so he could qualify to rent. County has tough regs. I must move out to help them? Did that. What is the county doing to help them? Now they both are living in RVs.
carefulcarpenter 2 years ago
b.
One works for a defense contractor; one is on disability. Now I risk hardship not only financially, but in my marriage.
I'm working for a retired defense contractor employee. He's ending my work soon because I've been AWOL trying to clear out and fix my house up for rent. I got caught in all the mess. Behind now on my mortgage. Will be begging for work door-to-door soon.
My fault, I know.
cc
carefulcarpenter 2 years ago
c.
Camping in the backyard, fixing up the basement; eating rice and beans--with wildflower salad and greens--thanks MOT!!
Probably won't renew internet connection I'll keep a watch here at MOT from the library if i can't find odd jobs to pay bills. Please keep me in your prayers.
carefulcarpenter 2 years ago
d.
If someone knocks at your door looking for odd jobs--you'll know what to do.
Respectfully, the carefulcarpenter.
carefulcarpenter 2 years ago
Pop pictures up of your finished pieces on eBay with a price tag. Zero cost to you and worldwide audience. The pieces are started with a 60% deposit for mats and paid on delivery. Pieces can be adjusted for size or style with various finish options or shipped unfinished.
You can't compete with giant retailers on material costs but you can save buyers the cost of the store's overhead/profit and the labor is your pay.
Go to potterybarn's site and look at prices, sell the same minus 20%.
crabshack777 2 years ago
Thanks for your concern, crab. I went to Ebay and searched "arts crafts furniture" and found the highest price item was a catalog for $28.
Then I search "handmade furniture" and the first 50 items didn't have even 1 bid.
I have found work going door-to-door. People love a desperate worker-- admit it--affluent Americans didn't get where they are because they have empathy or great taste in the arts and crafts.
I chum for sharks!
Americans control the most wealth in the whole world.
carefulcarpenter 2 years ago
b.
Crab--
I am one of the finest independent craftsmen in America. I understand the mind of the rich. I call myself a "handyman" because I found that this gives the elite the feeling of superiority. You can't imagine how much they brag about discovering this "handyman" who came to their door.
In America, a truthful master has to humble himself to just survive; a mediocre can get rich. The system is upside down.
carefulcarpenter 2 years ago
c.
Crab--
One day my pieces will be very expensive. i have built a story behind my work. Art needs a story. I doubt that I will make more than a worker's pay, but the people who gave me a chance will have pieces worth a fortune in the future. This is just how it works. I have a great passion for what I do and my life is filled with richness.
You can't be bitter just because your society lacks vision.
carefulcarpenter 2 years ago
d.
Crab--
The people of the future will look back on these times with amazement. How we wasted our valuable natural and human resources.
"We are infinitely richer than all of the deceased royalty of history"
~~cc
carefulcarpenter 2 years ago 2
Carpenter,
your a good man, and will be justly rewarded for your efforts. Look at it this way my friend... after your journey on earth has ended you have all of eternity to work and build on that mansion that is awaiting you in heaven. I will place you on my prayer list tonight. Col
1ringknocker 2 years ago
10 yr..
3.67%
heading to the moon
4.00%
by friday ..??
woof..
chena3 2 years ago
Really? My friend works at Advanta.
jillydana 2 years ago
All Advanta Credit Cards for all small business have been CANCELLED effective May 30th, 2009.
Advanta is a major source of credit for small business. Now the small businesses will go into the tank the rest of the way. Cash is now King.. its official !
webdork69 2 years ago 2
Anybody think the upcoming loss on GM Bonds and all of the associated leveraged derviative default swaps are going to kick off the collapse of the bond market? Or does that just rock the deriv market?
I was noticing gas prices climbing quickly near me. Then I read the news of "6 month high oil prices". Finally I read that it is just the Chinese stockpiling oil and dumping their US dollars.
It is hard to predict where we are heading when we don't even know who is driving the bus.
crabshack777 2 years ago
You are completely right, I loaded up on an ETF that ultrashorts the 7-10 year bond earlier. 10% yields here we come.....full steam ahead. I hope people realize 30% gains in less than 3 months is not realistic, there are no gains until you sell.
coreyh14 2 years ago
It must be the same economists who predicted the 2008 summer recovery.
lyradguitar 2 years ago
hey MOT, you see the latest headline on CNN's webpage. The recession will end by 3rd quarter of this year top economists say! LMAO!
lyradguitar 2 years ago
. Bank trade groups are asking the Federal Deposit Insurance Corp. for permission to bid on the same assets that the same banks would put up for sale as part of the government's Public Private Investment Program.
what the heck is going on
this is madness...
scottie beam me up
no sign of economic sanity here....
chena3 2 years ago
Do you think the Peace Corps might be a good choice for those who are in the position to do it? It will help to teach how to live off the land and get far away when things get bad.
realmajimac 2 years ago
Hello Mr MOT. Thanks for all your hard work and postings. Very useful. One thought I had, if you look at one entity in the world that could pay off the american debt, what do you think of the vatican, roman catholic church paying it off. They have more gold than any entity in the world. Just a thought.
jcshebrew138 2 years ago
This comment has received too many negative votes show
1.
LOL I wrote the grandmother thing on purpose, it has absolutely no meaning but to prove some dumbass is going around selectively giving certain people the thumbs down, this moron keeps doing it until people get -6 and their comments disappear. I describe this person as most likely being a Crystal Meth addict with rotten teeth and unknown parents do to being placed in a dumpster at birth which I can certainly understand why...
SendinK9 2 years ago
This comment has received too many negative votes show
2.
A drug addict can be the only person simply because they sit there 24/7 and hit the thumbs down sign... Definite signs of a tweaker... Get a life man! I am pretty sure who you are and I'm making the arrangements to get rid of you...
SendinK9 2 years ago
K9, I have noticed people thumb you down for everything you post now. You aren't afraid to state your opinion, so at first I firgured you just were getting some "heat" going in the discussions - mixing it up with people banging ideas back and forth.
Then I noticed carefulcarpenter get 4 thumbs down for a one line poem ... wtf?
I guess it could be one nut with 4 sock accounts. Make bad posts about MOT and then thumb down all the regular posters->change account->repeat.
crabshack777 2 years ago
Thanks Crabshack,
I have been watching it for the last week 1/2 before I said anything. I really don't care about the thumbs down in moderation but when a person gets -6 their comment disappears and thats what this guy's goal is... this has certainly become obvious... Some people have no life at all and cowards never show their face.
SendinK9 2 years ago
"most likely being a Crystal Meth addict with rotten teeth and unknown parents do to being placed in a dumpster at birth which I can certainly understand why... "
"which I can certainly understand why... "
lmao
They're just razzin ya because they don't have a clue
That's the thing about secret discrete manipulation coupled with propaganda nonsense
nobody knows wtf is going on but they've been given plenty of targets to be selected as per individual taste
infighting result
Highseas09 2 years ago
I kinda ENJOY getting the thumbs down, It means that the point I was making was understood, and I pissed them off... in effect beating them at their own game.
Come on friend give me another thumbs down ,cause I like it. I'm making YOU work, for me. That's right... I control your every move. Come on do it. I said !
I say POST, POST, POST, and give this genius sensory overload, and maybe he will short his self out.
1ringknocker 2 years ago
LOL Col, your one in a million...
Thanks for the encouragement. Have to head back to work now be back tonight. My new modo will be:
"Keep your chin up and your thumbs down" lol
SendinK9 2 years ago
My grandmother made great apple pie.
SendinK9 2 years ago
moooooooooooo...?
chena3 2 years ago
In the end an ounce or corn seed will be priceless and beef.... forget-abooout-it
1ringknocker 2 years ago
seeds will be extremely valuable. Collect them now, if not already done.
manoftruth 2 years ago
The fed will dilute the money supply so badly no one will want the dollar. When it cost to much for a gallon of milk then the gov will have to react. The fed has a plan already. The world bankers via IMF will change US debt structure and change the book value of gold from $42.22 to $?. They will stop the supply of gold. They tested this last year and are doing it right now. The US Mint will not sell you gold. When private dealers run out of supplies and people scream then they will do it.
pclajd6 2 years ago 2
government has huge variety of options but one thing for sure is that it is not going to be advantageous for ordinary people :) First money will run 2 gold then out of gold . Whether on people own accord or by creative ideas of criminal government .That is guaranteed .
AntiBullS 2 years ago
gordon brown is a major pawn in this game - he alone has run up the uks debt / deficit - he is a new world order scum bag. CLEAR OUT (MOST) ALL OFTHE UK MPS NOW IS THE CHANCE - ANTONE CUAGHT IN THE EXPENSES ROW THEY SHOULD BE OUSTED
mjclarke1974 2 years ago
Ireland, Italy and Belgium are close to going bust warns Harvard historian, Niall Ferguson, with the UK not far behind. According to the professor, the economists charged with navigating the crisis are ill-qualified to anaylse the situation.
loderchris 2 years ago
jckjti49......... Spam account for G4t
Pump and dump stock specialist
don't get sucked in to Georges scam
shovelshit1 2 years ago 2
Hey guys,
check out my collaboration channel, George4genius... breaking the matrix MSM system. Lats, G4T
george4genius 2 years ago
This comment has received too many negative votes show
George your credibility is ZERO. You need to start over with an alias
1ringknocker 2 years ago
I'm seriously studying Stanley Meyer's Water Fuel Cell (WFC). Meyer built an engine that creates hydrogen on-demand from water that is fed into a modified gas engine.
This technology has been suppressed and bad-mouthed by big oil.
Look for Stan Meyer's dune buggy.
Valkurries 2 years ago
mot, just a crazy thought. If the dollar collapse will that be a possiblity that the stocks will go sky high since there is hyperinflation. Instead of going down will it be the opposite? It just seems like the it rallies more whenever bad news come out. Very odd. Thanks
survior101 2 years ago
Good comment. Until total collapse happens stock price can go up priced in current dollars, even though they are going down in "real" dollars.
manoftruth 2 years ago
survior: in a hyperinflationary environment, the stock market will go through the roof every day in nominal terms. This happens in Zimbabwe were the stock market frequently goes up thousands of percent a day (or at least it did last i checked - maybe they're not trading now).
However the important point is that in REAL terms (i.e inflation adjusted) the stock market will be going down.
The US stock market has been going down in real terms (i.e priced in gold) since the year 2000.
Ntone606 2 years ago
The bond situation is borderline funny if it wasn't so serious. China actually made a big purchase ($23B) in March but it was all short term stuff.
I supose if they let auctions fail then their holdings get diluted. I don't think however we can rely on this. China is buying Tresuries because it is the only place to dump large cash. Then as Chena3 said, they use them to purchase hard assets.
So far the US has had a net loss of $200B in capital exiting the Country this year.
crabshack777 2 years ago
Somehow this needs to be turned around to actually bring in $2Trillion to cover stimulus + deficit + TARP + Wars + loss of tax revenues + giant benefits for unemployed workers + etc.
Obviously, even if China could buy what they did last year ($270B), we would only start to filll the hole. The $2T in debt will not be purchased by anyone. Mr. Obama is making a lot of promises that cannot be kept.
At some point the "montly nut" will crush everyone.
crabshack777 2 years ago
The wars have averaged $275M each DAY for the last 9 years.
And, all that national debt has an interest payment of $412B yearly (2008).
All of the towns, cities, states are going to require a bailout like California or they will go broke. Businesses aren't making profit, so they aren't paying taxes. People aren't working (or are underemployed) so they aren't paying large taxes.
The only answer is to print enough money until all that debt is hyperinflated away.
crabshack777 2 years ago
I supose the genious bankers have decided this is the best option. This is only accomplished by being the greatest military power in the world. At some point we will see Obama say, "what are you going to do about it".
We have been lulled by the last 40 years thinking war is mostly fought on TV or through diplomats. It is a measured attack with restraint so the public doesn't get outraged.
A real war has a place like North Korea/Iran levelled in 2 days and radiated for 2 years.
crabshack777 2 years ago
crabshack777. He now wants to socialize medicine and add more debt. We are having another TEA PARTY on the steps of our local court house on thursday at 5 pm and I'm planning on going. Over 1000 showed up at the last one with only one days notice in the paper.
manofreedom 2 years ago
Great! Obama is pushing for a new "Federal" emissions on all vehicles. He is warning the car makers all vehicles must meet the Federal regulations and eMPG of 45 miles per gallon. This means we will now have 2 seater vehicles no bigger then your refrigerator, highway death rates will rise over 800 more casualties per year and forget about towing RVs, Boats, Trailers etc. Carter tried this same exact thing and when the higher millage cars came out people drove more and actually consumed more fuel
SendinK9 2 years ago
Hey Brother!
All I can say is that we need to start walking and getting the legs in shape, because if you want to go somewhere you will walk, Between taxes and differnet controls in place, We will be in the same shape as Keyans or Africans, Just walk.
Or maybe a bicycle.
rlmccullough 2 years ago
evening guys ......
might want to head over to
SEEKING ALPHA
and read...
......trading the gm bankruptcy....
very informative .....
concise... readable ...
take care...
chena3 2 years ago 2
GM...... Government Motors....
SendinK9 2 years ago
MOT, watched you on george4title and on here, where are these "sources of truth" that you go to. I try and learn what I can but I feel like I'm hitting brick walls with what I can find on the internet and a lot of the books that can be found at the book store. I'm just trying to figure out how to put it all together and I guess get there to understanding it.
Jbreed2011 2 years ago
This comment has received too many negative votes show
It's crazy how rapidly the dollar is crashing. People will be shocked by how quickly hyperinflation arrives. Manoftruth is a hero. Read the articles and signup for the free newsletter at: Inflation . us
jckjti49 2 years ago
Comment removed
shovelshit1 2 years ago
watch?v=jvbl0sGy_dg
BendoverBernanke 2 years ago
This comment has received too many negative votes show
Muslims have taken over every country...
Watch:
watch?v=6-3X5hIFXYU
SendinK9 2 years ago
a 560% increase in violent crime
a 520% increase of student crime committed in schools
a nearly 400% increase in juvenile arrests
more than a 400% increase in illegitimate births
a 400% increase in divorce
a 300% increase in the number of children living in single-parent homes
more than a 200% increase in teen suicides
ellibrepensador 2 years ago
since when?
collegeboy477 2 years ago 5
watch?v=NQ4RU9rlnbM
Obama admits the United States is broke...
SendinK9 2 years ago
Yeah, I saw that on Drudge.
manoftruth 2 years ago
Debt is Slavery, and Interest is the Shackles of that slavery.
SATANSbankers 2 years ago 3
We're gonna have to rebuild everything up from the state level again. it's ashame the government is trying to cover up such an immenent disaster. This proves that we no longer have true freedom of the press (news). It's only as "free" as the corporations who control the stations/papers and pay off the politicians allow it. I really hope we can make it through this andsalvage our government, it'll be a very trying time. I doubt centralized banking will ever crossanother americans mind after this.
Luigi84289 2 years ago 3
next week amerika offers 162 bil treasuries for sale..
There isn't enough capital in the world to buy the new sovereign issuance required to finance the giant fiscal deficits that countries are so intent on running. There is simply not enough money out there,to buy all these treasuries...
guys ..we are right on the edge of the abyss..
take care ...rice and beans ..
chena3 2 years ago
This comment has received too many negative votes show
Wow great video MOT!! So do you think these higher interest rates will make the dollar stronger?
SilverWealth23 2 years ago
we have no more money..obama may 23 2009..
Oh, don't worry too much. There will be spin and qualifications piled upon this admission, most likely before the markets open in Asia on Monday. But this trial balloon of admission is how you start breaking the bad news to people unwilling and ill prepared to receive it.
monday the world markets get to play ..while amerika is on holiday ..could be interesting ..take care guys ..
peace out ..remember the fallen...
chena3 2 years ago 3
was just at Harvard this past weekend. Would've loved to have given you my opinion. Peace~!
U2Berror 2 years ago
Gordon Brown sold half of Britains centuries old gold reserves in May 1999.
Traders were told before the sale which pushed the gold price further down.
He sold 400 tons of gold.
Now Britain has few assets, or industry and the population is spiralling ever higher because of an open door policy on immigration and a generous benefits system.
I reckon by May next year, there'll be rioting outside Parliament, and it won't be the usual anarchists or anti Isrealis. It'll be the family men.
stuntpea 2 years ago 4
The feeling here in Britain is utter disgust with not just the government but the politicians. They've all been fiddling their expenses.
Most Brits dispise Gordon Brown who wasn't even elected.
stuntpea 2 years ago 3
Great video MOT!!! Good to see you back!!! Now, it's simply a matter of timing. Not IF, but WHEN, and that's going to be the hardest part to pin down simply because the FED and the government keep trying to prop things up and they will inevitably exacerbate the problem. The Bilderberg group discussed much deeper problems than what we're now seeing. They expect 14% unemployment by years end and expect conditions to degrade rather quickly.
ConspiracyForTruth 2 years ago
"The real wealth generated in the American System of Economics is creative in nature; the ability to turn the minimum into the maximum benefit; taking the abundance of Creation and freely advancing the human spirit. This is contrary to the British System which is about exploitation of human and natural resources via austerity and managed market control. The Internet is the new frontier; designed by creative genius for man to either advance consciousness freely, or intervention and regulation"
carefulcarpenter 2 years ago
500 characters makes it a challenge to post a comment.
I've fought what I believed to be the Good
Fight here on the internet. The wolves in sheep's clothing will soon be knocking at my door.
I'm shutting down the computer for awhile as I transition to a much simpler life.
MOT is the island; I head to the stormy seas, now.
I love you peeps. :)
carefulcarpenter 2 years ago
It doesn't take a genius to know that inflation takes 3% of your money every year, that the federal government has been deficit spending every single year. and that they can't balance a budget with SS and Medicare on it.
Do the math people. It is only a matter of time before the dollar is worth nothing. (Technically it already since since it is a fiat money system)
Don't get caught holding confederate cash when it finally goes completely down the shitter.
thetapheonix 2 years ago 3
This comment has received too many negative votes show
Thanks again all insights, etc. Keep up the good work. Would go to your MOT Boston meet up if could.
Deb
Whattosayehh 2 years ago
Correct me if I am wrong:
1. u say you went to Harvard...ok fine..but what did u do with your ed?? get over it.. was that really the highlight of your life?
2. u constantly preach the end of the world..wanting failure
3. u claim insight into markets yet you are 50+ and have no $. u shamelessly ask for $. are people really that stupid?
4. u have been wrong consistantly with
your market predictions.
Why would anybody take advice from u?
Where is the credibility?
Not personal just the facts
25jack 2 years ago 7
This comment has received too many negative votes show
Wait 'til you're 50-- if you make it as healthy and spirited as MOT, you'll be a success.
carefulcarpenter 2 years ago
This comment has received too many negative votes show
Invest in yourself.
"Diet; communication; relationship"
~~David Wolf
carefulcarpenter 2 years ago
For those looking up David Wolfe on youtube, it is spelled Wolfe with an 'e' on the end of the last name.
ugadawgs1984 2 years ago 5
This comment has received too many negative votes show
Just the facts you say. Let me ask you this... Do you always make your factual statements with a ( ? ) question mark at the end, Or is that a Freudian slip. Here's a helpful hint, the next time your mouth tends to overload you A _ _ . Duct tape is always an option for you.
1ringknocker 2 years ago
MOT - always enjoy and appreciate your videos. I agree with you on the prospect of much higher interest rates in 2010 and beyond. I'd bet on it if I knew how. Any idea how you CAN you do that?
re: Gold. My guess is that gold peaked with the oil price in 2008 (as it did in '79). I see low demand for gold jewellery and people selling it to pay down debts. Might not governments also be forced to sell gold reserves to buy and buoy up their own currencies? Just a thought.
gordong156 2 years ago
I'll say this. Our country is hurtling right toward a total economic collapse. We're sliding down that road now. We've never owed so much money in the history of this country. I predict that it won't be long before this country defaults on its debts. Everyone brace yourself for the suspension of your Constitutional rights as president obama declares martial law.
psxwarrior 2 years ago 2
Rates have been as high or higher in the past than what you are mentioning. Why should I worry now?
channelrock 2 years ago
Our country has never owed so much money before. If they go up, that amount will more than tripple.
psxwarrior 2 years ago 2
compound intrest
an exponential..
in a closed system
will consume everything..
higher intrest
quicker tail eating
woof..
chena3 2 years ago 6
I would think that in the past Americans owned the debt.
When one American wrote the cheque another one cashed it and kept the wealth in the country,
Now with the foriegn ownership of the x trillion dollars that 10-20% rate will flow a lot of wealth and ownership out of the country.
Paetaor 2 years ago
Great video MOT! I know everything your saying will unfold and its really not that hard to see. There is NO WAY we can prop up a failing financial system with money we don't have. I'm a little curious though MOT as to what will survive this depression? What companies and what do you think other countries currencies will be worth in relation to the usd when this all unfolds?
nzoferrari222 2 years ago
thanks for the dvd! and the great advice
lrn2wlk4life 2 years ago
I suppose i missed the explanation in a previous video...no disrespect intended.
Harvard Business school and 30 years of studying the financial markets. How can you possibly be so broke that you are soliciting donations on the internet.
A lot of people get divorced so that doesnt seem to be a reason to have no money given your education and all this insight into the global markets.
just dont get it.
i hope you can get back on the horse some day.
peace.
cambridgee 2 years ago 6
a fly on the wall....
china will soon offer
bonds based in juan
HSBC london
BOEA hong kong
will be selling
initial offering ....
got biscuits
woof...
this is getting very interesting...
chena3 2 years ago 2
So is it time to short t-bills and treasuries? I should have but imo it's a risky venture because fed/treasury can manipulate things so easily short term. long term is a safer bet if you can ride it out.
steelhorses2004 2 years ago
chena3 2 years ago
This comment has received too many negative votes show
The dollar is rapidly crashing and Americans who don't prepare for hyperinflation now will soon be broke. Read the articles and signup for the free newsletter at: Inflation . us
jzmdi493 2 years ago
I'm kind of confused, I just saw a video of a guy who said we're right at the edge of the Bond market collapse, which would send interest rates through the roof. But if the interest rates go up, wouldn't we go into massive deflation rather than inflation?
markymarkuss777 2 years ago
marky, with inflation, investors will not lend money at low rates. With hyperinflation no one will lend. That will happen within the next one, two three years. And at some point the dollar will buy nothing.
manoftruth 2 years ago
it was funny to see you post this after chattin w/ a friend last nite i kinda pieced together finally how this collapse will happen. it begins when there is less demand for our debt. when no country wants the dollar its worthless much like any other type of investment except this scale ican't be put into a visual sense. could create war and only way i feel the dollar could be i guess could be resued at that point is going into a closed controlled society. doubt a new currency could solve it.
rigimp 2 years ago
IF u know so much about the fin markets then why are u so broke? Look at T-bill yields over the last 20+ yrs not 1 day or week and you will see they are as of Fri it is midrange in a long decline. Infl will come but not now. We are entering a deflationary cycle. It will take time to run its course. Hard to believe but $ and T-bill will again rise per deflation handbook. Obama is Bush on steroids and will take us hard Left to big govt/socialism. That is the greatest threat we face
25jack 2 years ago 13
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As a Friend of MOT, His journey has been a little bumpy in the past year. Give him a break friend. No thumbs down, you do not know him.
rlmccullough 2 years ago
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MOT is not broke. I have never met him personally, but I can guarantee you that he is a wealthy man in many ways... in the ways that really matter.
Money is not a true measure of a persons wealth, It's only a facade.
1ringknocker 2 years ago
Thanks, Bro. It seems that friends and angels are there when you need them. Donations have come in so I can go back to Harvard next week. I am sssoooo grateful. A few more bucks and I will have a place to stay every night.
I am using a lot of faith...and it is working.
manoftruth 2 years ago
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"Tell me what you see; and I'll know who you are"
~~cc
carefulcarpenter 2 years ago
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new leaves
on old trees...
chena3 2 years ago
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haha I don't care who you are, that is good!
rlmccullough 2 years ago
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"Sheep devouring the Wolves"
1ringknocker 2 years ago
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Your the Best MOT. Have U seen KARL MALONE OR JOHN STOCKTON in Salt Lake City Utah? If so tell them hello and I mis them. I know the dollar is heading for trouble it's really sad. MOT u opened my eyes to a lot of things which I'm facing in my life. Thanks for the update. Looking to here from u soon. JS.
jsmithprivatedancer 2 years ago
Personally.. I can't wait for the financial system to collapse. People need to find out the hard way that every reckless thing they do has a consequence. We've gone so far against universal principles that it still amazes me to this day that our civilization has managed to get this far. Our politicians have sold us out and it makes me laugh to see people still walking around supporting republicans and democrats. Both parties are draging us to hell just at different speeds.
oblivion292 2 years ago 14
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1.
oblivion292
So basically what I get from your comment is you cant wait for the collapse and innocent people die, children left homeless in the street and people starving to death all because you feel it was not the politicians or the Wall St crooks but the people fault for the collapse and they are the ones that should suffer.
SendinK9 2 years ago
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2.
The same people who have been paying their taxes, working hard, start a family with little children and paying their way in life, paying for their children to go to college and have a better life, believing in the United States and doing their best to make a good life for their own family. So these are the people you want to see suffer because of what has happened (Not the currupt Wall St rich!) cont...
SendinK9 2 years ago
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3.
What really worries me is your assine comment got 2 thumbs up... This is what happens when you mix a good education and subtract logic and common sense... What makes you so impervious to the collapse, you will suffer like the rest of us. Careful for what you wish for.
SendinK9 2 years ago
And Btw. I am impervious to this collapse because unlike most of my fellow Americans, I've paid off any and all debts I had, invested in physical gold and silver, bought guns and stocked up on ammunition and have a 3 months food supply and I have a house in the middle of dense woods. I and a few others prepared ourselves and it pisses me off to see that irresponsible people are still getting bailed out. But I know for a fact that a financial collapse is comming so I won't even bother arguing.
oblivion292 2 years ago 14
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1.
Dude for one thing don't ever threatened me again, I WILL meet you somewhere and take care of it. As for the rest of your comment. Do you actually think after we elect these morons they do what they told us they were going to do in the first place.
SendinK9 2 years ago
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2.
They NEVER do, the American people are duped all the time so how can you possibly say it is everyone's fault when we aren't being told the truth, voting poles are the biggest scam going and anyway most Presidents are preselected no matter who we want in office.
SendinK9 2 years ago
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3.
As for credit cards your right however I never use them because I never apply for them. I pay cash where ever I go and have all my bills paid. As about your little Ruby Ridge hideout in the words it is not going to work... If the US collapse their is a good chance an outside military will be taking over because of all the foreign debt this Gov has accumulated and if that happens the only thing you will be doing ...
SendinK9 2 years ago
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4.
is going out in a blaze of glory protecting your property and you know where that gets you? DEAD! so-so much for the guns and ammo, I have them to but there's no way anyone is going to take on the military. As for voting, it is the electoral college that decides who gets in and who doesn't...
SendinK9 2 years ago
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5.
But as for Obama most were nieve young people who voted for him. Another thing, the people never wanted any bailouts, those decisions were solely on the current Gov and their friends on Wall St. Sub Primes were also a result of criminal corruption not the peoples fault except for the ones that took out loans they knew they coulndt pay.
SendinK9 2 years ago
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6.
About the credit card debt I agree but it is not the credit card debt in this country that has caused this problem... Wall St corruption caused the problem and not the people
SendinK9 2 years ago
Comment removed
oblivion292 2 years ago 2
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Woodhaven LMAO I'm from the Bronx... God a toughguy from Woodhaven lol Didnt relize they was such a thing...
SendinK9 2 years ago
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A.
Your drifting into another topic for another time, My original point was your wrong for painting the American people with this broad currupt brush. To say this collapse is solely the fault of the innocent American people just isn't so... By the way as for the borders, its the liberals who want them open, every illegal that crosses are potential votes amongst many other things.
SendinK9 2 years ago
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B.
If they took a vote on building a wall or leaving it open I am sure it would be a landslide to build the wall... America is not a democracy it is a republic, it is the democracy that keeps the border open.
SendinK9 2 years ago
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C.
By the way I have a close friend on the dept over in an apartment building up your way on the corner of Forest Parkway off Jamaica down the block from 86th Rd maybe he can pay you a visit on my behalf, I'll give him a call. By the way again, I thought you said you live deep the woods, Woodhaven isn't the woods infact if someone were to bust you with all those guns in city limits you may go away for a bit. Your in the city not the woods. Your credibility is starting to erode...
SendinK9 2 years ago
Dnt threaten me with your bitch ass friends. You think I'm going to get scared because you'r going to pick up a phone and magically have my ass kicked? Come on dude.. you're from the Bronx.. you should know way better. I have plenty of friends that live in White Plaines. How about I fight your friends and you fight mine? See how stupid that sounds?
And btw. I own a piece of property in Florida where all my guns are legally registered.
oblivion292 2 years ago 11
I better see someone standing in front of my apartment this week. You're talking a lot of shit. Either put up or fucking shut up.
oblivion292 2 years ago 13
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1.
oblivious292
You work for the PD and carry on threatening people over the internet like this... I would guess there is no moral turpitude oaths taken when they hire you civilians. The fact is my family has over a 50 year employment history with the NYPD from the ESU, Patrol and Detectives including my Dad who worked for NYS DOC at Sing Sing prison up in Ossning NY etc etc.
SendinK9 2 years ago
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2. I also have a niece just got into the FBI (Forensics) and family who worked for the NYPD Police Commissioner for many years but she has moved onto HLS and my Cousin Jeff formerly NYPD Patrolmen until he was shot back in the late 80's just retired as the Chief of Police in Boston.
SendinK9 2 years ago
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3.
As for Steve do you think it would be my right to post his badge number even if I had it or his last name. I will say his last name begins with an H and ends in S however the last time I even talked to him was a few years ago. Don't kid yourself my friend it works both ways.
SendinK9 2 years ago
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4.
I have many connections in the NYPD for many years.. I guess Courtesis rings a bell with you, what would he think if he knew you were threating people online. I have to say I'm not very impressed with the civilian employment selection of the PD back there these days.
SendinK9 2 years ago
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...legally registered??? whats that....
lostinthemix 2 years ago
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1.
"oblivious 292"
You cant even read and comprehend a thing can you. First of all what do you know about the people in the Bronx... Nothing! and I am not threating you with friends, I said friend, Steve is a cop that lives around the block from you.
Bitch Ass? ROTFL... I have a Black friend of mine (Phil) who stopped using that saying back in the 80's lol. Maybe thats how you Woodhaven keyboard tough guys talk lol.
SendinK9 2 years ago
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2.
Yea property in Florida now LOL. Hey! can you hang on a minute I gotta go get my boots lol More BS. Whats next a bomb shelter in one of Saddam's palaces lol
By the way, White Plains LMAO theres no tough guys there either and never was... White Plains Rd is a ghetto now destroyed by the so called deprived. I use to go to the White Castle on White Plains Rd... One night we had a pimp chase us down with his Cadillac from White Castles parking lot because...
SendinK9 2 years ago
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3. he felt we stole his parking spot... We stopped and he tried taking off... he didn't get to far because we pulled his keys and Mike beat him to a pulp in front of his women. Nope no tough guys there either... Next!
Hey everyone watch how pissed off this guy gets in his next comment lol. No control what so ever and these are the people who own guns, its no wonder they want to ban them.
SendinK9 2 years ago
Steve the cop huh? I wonder what precinct he works for. I do administrative work for the 102nd precinct on 118th st and have friends at the 106th precinct. Give me his last name or his badge# Lets see if he even exists.
And Mike? HA. You're talking as if I know these people or that I give a damn. Nope I dont...neither do I care about the pimps you chase down in the Bronx. And yes. I do have property in Florida. I co-own a house in West Palm Beach and another that you dont need to know about.
oblivion292 2 years ago 5
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SendinK9 2 years ago
The liberals and conservatives are all part of the same party. It's all a visage. The agenda never changes no matter who's in control. Obama is accomplishing the same goals started by bush. The war has actually expanded since he took office. Now we're invading almost the entire middle east getting closer and closer into a position we can't back out of. Invading other people's countries and homes and families is wrong. We wouldn't like it if somebody did that to us.
Luigi84289 2 years ago 4
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Luigi84
Well said, I agree 150%. I feel if anyone "these days" believe anything the people in Washington say they need to have their heads examined. There is no more republic and today they should only be looked at with the up-most of distrust & suspicion. True there has always been a distrust for politicians but that has never become more apparent then now. Bush was a disaster threw and threw, he got the ball of destruction and corruption rolling so fast there is just no way of stopping it.
SendinK9 2 years ago
Let me just stop you right now because who elects these politicians? Who puts this source of corruption into power? We did. We allowed moronic policies to be signed into law we never secured our borders (which has had a big impact on our education, healthcare and economy) we ran up HUGE debt on credit cards (average american now has 10k debt on credit cards) So just stop it right now with your bullshit before I slap you.
oblivion292 2 years ago 14
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INTEREST AND APPRECIATION
"In the hearts of men, these traits, interest and appreciation, are rare and valuable; for love is the greatest gift one can give to another. A woman must decide, and decide they will, young men, for riches are subtle and demand much attention and appreciation; those who know not this wisdom, know not love"
~~cc
carefulcarpenter 2 years ago
hope you don't have 100 oz bar....
smaller increments best in gold
ounce... half oz ...tenth of oz
easier to trade ..grey market..
personally loaded silver
thinking silver will be better play...
gold is old school
this is a whole new game ..
take care ...
peace out
chena3 2 years ago
Hi chena, Silver is the new gold.....YAY
silveraspenleaf 2 years ago 2
Long before there was a gold standard, there was a silver standard.
Peridolin 2 years ago 2
if i have 100 ozs of gold how will i sell it if inflation hits and its 4 or 5k an ounce wouldnt it be worthless because it wont have a buyer? I guess what coming our way will be made of very violent moves in precious metals with big time inflation SCARRY just to think about it
limitedplay 2 years ago
If gold goes to $4000-$5000/ounce, everything else would cost more. People could afford to buy it, because there would be a lot of money in the system. By then, a loaf of bread would cost anywhere from $15+ to $20+. Gold will not make you rich, but it will preserve your wealth. It is a form of wealth insurance.
He101A 2 years ago 3
Set the get together up!!!! I live in Boston too. Let me know if you need anything. i have connections from hotels, dinners,car to get around etc. I can set up a quick tour of the city and you can film it for your channel
mejt223 2 years ago
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MOT: I live and work in NYC....I'd take the trip to meet u @ Harvard Squ. Rock on!!
PFWinkler 2 years ago
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That's a nice shirt, very sharp.
sciencegirl1 2 years ago
Ohh yes...Plenty of sheeple over here in the U.K! I started warning people over a year ago that things were going to turn very bad soon. All I gave them was the facts and truth but just got labeled Gloom n Doom...very frustrating! I'm no financial advisor (for what they are worth) but just told them to think about that bigger house/car/holiday they wanted (on finance) because there is a collapse and huge job losses around the corner. They just prefer not to listen than prepare...sad situation!
campeona5 2 years ago
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Labeling is always a clue. ;)
carefulcarpenter 2 years ago
Manoftruth, you dislike Glenn Beck but you and him address the same exact issues.. so why do you not like him?
EscuchelaLaCiudad 2 years ago 7
Does he have to like Glenn Beck?
TheOriginalJoeBloggs 2 years ago
You misread my question.
EscuchelaLaCiudad 2 years ago 5
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"so why do you not like him" Did I??
TheOriginalJoeBloggs 2 years ago