Please VV and all your followers do the following. Stock up on food and water, buy TONS of gold and silver, and dig a hole in the ground, then come out in 7 years to rebuild society.
If you feel so strongly the US economy is going down, is it really so wise to even have stocks? Many foreign companies are dependent on exports to the US
iT WAS JUST REPORTED THAT WE ARE 644 TRILLION DOLLARS OF UNFUNDED DEBT ON TOP OF 1.4 QUADRILLION IN DEBT. AMERICA IS FINISHED. SORRY BUT WE WILL ALL LIVE IN EXTREME POVERTY! PEOPLE STOCK UP ON FOOD.
The dow is being artificially inflated to bring consumer confidence. Soros is the croney behind it. We are quickly turning into a banana republic. ACORN and the radical PROGRESSIVE APOLLO PROJECT HAVE BEEN WRITING THE BILLS THAT GIVE THEM BILLIONS OF OUR TAX DOLLARS.
Hi Daniel, great job with your channel, love it! As I agree with most of your forecasts and statements, yet one of your statements made my eyebrows to rise. Do you really think that Dollar has any fuel to rally??? do you think the rest of the world see USD as a safe heaven? what do you think would be a fare price of dollar in euro for the rest of the year? when you say "rally", do you reffer to price of gold dropping or is it also with regards to other currencies like EUR? thank you in advance!
I totally agree with you Vision Victory. The market is going up on bad news where it should go down. I think the market was manipulated up for the holiday season this winter. Because they know that this year is going to be bad because people are unemployed and/or underemployed and aren't looking at buying stuff just to be buying it. So buy having the market up like this makes a down back to 6 and change look not as bad. But we still have the Commercial property and the shadow inventory.
So basically, we live in a world where the firefighters, teachers, law enforcement,and other retirees etc. are going to get the big FUCK YOU after the bankers embezzle their bounty to countries without extradition treaties.
The people you mention were (and still are as it lasts for only a little bit longer) comfortable screwing private industry tax-payers, so now it's also their turn to feel the pain - with layoffs, pay furlows and cuts (and perhaps eliminations) to their pensions.
In Australia, working for the goverment pays so much more than private industry now. This is the start of the collapse here. eg - police,fire fighter,ambos,tax collectors,teachers etc. Real jobs pay F*&^&ck all.
Pension Plans Private-Equity Cash Depleted as Profits Shrink
U.S. pension funds contributed to the record $1.2 trillion that private-equity firms raised this decade. Three of the biggest investors, state pensions in California, Oregon and Washington, plunked down at least $53.8 billion. So far, they only have dwindling paper profits and a lot less cash to show the millions of policemen, teachers and other civil servants in their retirement plans.
After all, isn't the heart of fraud based on promising people their money long it has been swindled. Sure, no problem, these are SAFE INVESTMENT VEHICLES. GUARANTEED! Cut to commercial of baby boomers sipping pina coladas as they debate which home to return to after their 2 month Caribbean time share vacation.
How are those highly structured, low risk, win win investments now?
The California Public Employees Retirement System, the Washington State Investment Board and the Oregon Public Employees Retirement Fund -- among the few pension managers to disclose details of their investments -- had recouped just $22.1 billion in cash by the end of 2008 from buyout funds started since 2000, according to data compiled by Bloomberg. That amounts to a shortfall of 59 percent. In total, they havent reaped a paper gain from funds formed in the past seven years.
The Treasury Department said Thursday it will auction $109 billion in debt next week in its monthly offerings of short- and medium-term notes. It will sell $42 billion in 2-year noteson Tuesday, $39 billion in 5-year debt
on Wednesday and $28 billion in 7-year notes on Thursday.
All this short term debt will have to be serviced SOONER rather than later. I am of the belief that we've hit the mathmetical debt event horizon.
I stand correct. The Treasury is selling 197 BILLION DOLLARS in NOTES next week.
They are planning to sell $197 billion next week which includes $88 billion in continued roll over of very short term bills in addition to the notes. This is an ongoing Ponzi scheme conducted by the Fed, Treasury, White House and Congress as they must pay off maturing contributors of the scheme.
in an avalanche there is the briefest of nano seconds after the mass has lost cohesion just hangs unsuspended in space defying gravity.. laws of physics and of earth sciences .. momentarily in flux... experiencing the difference between potential and kinetic fracture of one small crystal .. if you listen intently you might just hear ... take care peoples
Mortgages either in foreclosure or with at least one payment past due hit 13.16% in the second quarter, the highest percentage ever recorded by the Mortgage Bankers Association, the industry group reported on Thursday. The delinquency rate for mortgages on one- to four-unit properties rose to a seasonally adjusted 9.24% of all mortgage loans outstanding in the second quarter, up from 9.12% in the first quarter
I fear you may be right because so far with the spate of bad news the market refuses to budge much below 9,200. When it does come it should be an avalanche.
Derivatives have NOT gone away. Based off of the FDIC job opening list for Florida and California, it appears that will be closing HUNDREDS OF BANKS in the near future. I'm sure hundreds of banks are technically insolvent right now, but the FDIC lacks the manpower and CASH to effectively close them.
VV Great Vid! Why did you have to make it end exactly at 11:11 I've been seeing this # everywhere lately. More so than any other time since i've been seeing it, meaning what i don't know but has to mean something!
I'll probably eat crow for saying this, but I really don't see gold/silver price dropping. Hanging on to USD during deflationary period is a dangerous game because it's only a temporary short term situation, smart rich insiders know this. Like the snap of a bullwhip deflation will end abruptly.
Also, think about all the USD held by foreign countries, they're moving into hard assets (any) and out of USD.
USA (w/ all our government owned industries, and social programs) - broke, states are broke, banks are insolvent, 1.3 Quadrillion CDO debacle looming.
Sooner or later (maybe sooner) there will be MASSIVE defaults of an unimaginable magnitude (one can only speculate how it will play out). Once this happens all bets are off w/ regards to anything containing counterparty risk (USD included). :)
We were enjoying 14k quarterly dividend checks from one particular bank stock we have.....last check was $1,300. Quite a drop from $14,000.00. Trouble is...we are not able to sell it. It's tied up in a trust....so all we can do is wave goodbye to what was almost a million dollars of stock...now toilet paper...
Hey just to let you know. I haven't been getting ANY updates on your videos! Alot of my subscriptions are not updating! Great upload again Daniel! Cheers from MD!
Do you know that military style self heating food is being distributed through churches and charities I wonder what logistics are behind it . Why do they want people to get used to using those self heating packs :)
Why don't you take the 25% and instead of converting to bonds you should further deversify in precious metals. For example buy platinum. This is absolutely gaurunteed long term inflation proof. Also, be sure to take possesion of the actual metals.
today 8-19-2009 sale 70 day CMB 30 bil sale primary dealers bought 22 bil ..76 % of offer .. wanted 5x's more ..4.74 bid to cover intrest ... .14 % basically nothing why are big banks parking their money in treasuries for next 2 months at nothing intrest .. do they know what's coming these next few months .. very courious information .. these next few months could be ugly some thing wicked this way comes . take care
A series of blasts in Baghdad killed 95 people and wounded 536 in Iraq's bloodiest day this year, renewing doubt over Iraqi forces' ability to maintain security after U.S. troops pulled out of urban areas.
The quagmires in Iraq and Afghanistan persist and worsen. Fortunately, Obama said we were leaving Iraq. Oh, I forgot, he is a puppet who said those things to get elected. Those shiny support our troops stickers are fading fast.
Coultrane - yeah, I agree. 25% of all US military deployed for these two wars are National Guard. They're not here in their respective states, where they should be. Those that enlisted pre-9/11 never expected to be deployed overseas.
Attorney: FBI trained NJ blogger to incite others A New Jersey blogger facing charges in two states for allegedly making threats against lawmakers and judges was trained by the FBI on how to be deliberately provocative, his attorney said Tuesday.
Hal Turner worked for the FBI from 2002 to 2007 as an "agent provocateur" and was taught by the agency "what he could say that wouldn't be crossing the line," defense attorney Michael Orozco said.
I AGREE about the deflation, the money has been SPENT, the inflation is ALREADY here, last year stocks went down?!?!?!
stocks went down.... ummm yeah thats deflation <-- NO ITS FUCKING NOT!!!!!! Cause treasury bonds, the yen and the dollar etc went up, money went from stocks to cash and T-bills
where is the dollar destruction??? Im gonna make a video one day about HOW FUCKING STUPID DEFLATIONISTS ARE!
I just don't see the dollar destruction at all, I just see the bubble transfer from the Stock market to T-Bills and the Cash etc then back on too the stock market.
"The No-Growth Society" Did you know that this man was named Obama's Science Czar and that Obama says that science is the answer for all of mans problems, including economics. Another Harvard hippy who believes that zero growth and zero population is the answer for the next millenium V V Have you read the book?? It even mentions Nationalize Health Care
Of the $6.84 Trillion in bank deposits, the total cash on hand at banks is a mere $273.7 Billion. Where is the rest of the loot? The answer is in off balance sheet SIVs, imploding commercial real estate deals, Alt-A liar loans, Fannie Mae and Freddie Mac bonds, toggle bonds where debt is amazingly paid back with more debt, . all sorts of other silly (and arguably fraudulent) financial wizardry schemes that have bank and brokerage firms leveraged at 30-1 or more. Those loans cannot be paid back.
Good analysis like always, but...from only economic point of view. In case of begining of military action against Iran(which is absolutely expected this fall)oil & gold price will sky rocketing & the rest will get even less predictable. One thing is clear: don't rush to sell your metal!
Dark clouds: Germany is bracing itself for a further financial storm, similar to those shown over Frankfurt 's business district "The most difficult phase for financing is going to be in the first and second quarter of 2010," said Hartmut Schauerte, the economic state secretary. "We are working as a government to create instruments that can offset a feared credit crunch or any credit squeeze in sectors of the economy," he said.
Frankly, I'm not "ambitious" enough to do the research. It's a pretty reasonable question that should be easily answered. If it takes a long time to explain (even five minutes), I seriously doubt he has an real expertise in the field.
As is, I will assume he's an average joe who has read books on a fringe school of economics exclusively, without bothering to read anything outside of that school.
VV may be an average joe, but Jim Rogers Dr, Marc Farber, Max Keiser, Peter Schiff, Noriuel Roubini, Adrian Sarabuchi (not sure spelling),Celente and other highly degreed and accredited economists and investors are saying the same thing.
But you keep listening to Cramer, Kudlow, Kneale, MSNBC, CNN, CNBC, FOX etc and go for it!
Most"highly degreed and accredited" economists would disagree (for the most part, at least) with the statements made in this video.
You seem to think that ignorance is caused by exposure to "mass media," which is silly. A lack of diversity of information is what causes ignorance.
So if you only read economic columns and books from authors of the Austrian school of economics, you're just as ignorant as someone who only watches the "mainstream media."
There are few true Keynesian economists anymore. Most modern macroeconomists take the empirically proven parts of every school of economics, and combine them.
Understand: in no way am I saying that Keynes is some god, nor am I saying that CNN pundits are a reliable source of economic information; rather, you need to do more reading to make a reasoned judgement on the economy. It's not sufficient to have read only books written by proponents of one school of though, which I suspect you've done.
Dennis Kneale said the green shoots were coming up right after Mark Hanes called the bottom. Maria Bartoromo said the Market was so stable that rich bastards from Abu Dabi were pouring money in. Steve Liesman said
that Ben Bernanke couldn't make a bad decision. Larry Kudlow told me the dollar was strong....and Jim Cramer said we are in a BULL market? Are you telling me they are liars?
This is a great time to buy stocks! ...we may never see prices for American Companies this low,I agree with you,but some of these companies are part of the very fiber of our country! are you trashing that? I don't think you are. This may be a life-time low, and a great chance to profit or catch up with the "man"
"money supply is still expanding, just less" Oh this is REALLY hyperinflationary, NOT. It's movement towards deflation. How are all these huge debts going to be serviced ? There aint gonna to be excess money floating around to bid up gold to anywhere near $2000. Get a grip.
Unless there is a total collapse or an electronic currency introduced, physical cash will be the safest play for some time. Even then, food etc is more important, and gold could be banned under some new fascist system.
Waldentree, why do you think it's too early/late to buy PM's? I'm not understanding why you say this. The problem with holding ALL of your wealth in cash dollars (FRN's) is that the cost of goods and services could rise very rapidly and the purchasing power of the dollar will go way down whereas PM's retain their purchasing power.
If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
It is my sincerest desire for you to be vindicated and your preapprehension of Dow 4,000 be realized. These 'financial experts' with their acrimonious gall and hubris, chortle like lascivious harlots in jocularity over their contrived market gains. If and when Dow 4,000 manifests; these flagitious wretches should be hung with their own entrails.
Who wants this to happen? I certainly dont. Its just going to happen because of what was done in the decades leading up to now and what is currently going on. This isnt going to be happy time for anyone including the well prepared.
Good Vid. I remember watching your vids from last year and u are right. I live in Montgomery, Alabama the headquarters of Colonial bank and I told my wife and other people 2 years ago while they were buildin their new headquarters here about 5 miles from where i live that Colonial is building all of that stuff and they are going to fail within 2 years...well here we are and they have failed..what is funny is the the founder Bobby Lowder resigned 2 months before all this happened.
Thank you VV, Are you thinking that this fall we are going to be looking at some bargains in silver & gold. And do you think it's worth saving some cash for oct- nov. purchase? Or should we just keep buying as we go? thanks for any thoughts.
If you want a deeper understanding of economic shock testing and what is going on with the economy in general, then you might want to read these:
Silent Weapons for Quiet Wars (by: Hartford Van Dyke)
A World Restored: Metternich, Castlereagh and the Problems of Peace 1812-22 (by: Former Secretary of State Dr. Henry Kissinger his Harvard Doctoral Dissertation)
There is change coming, but do not listen to their words, watch their actions.
to the people that attack your common sense theisis. i notice they have no friends and nothing on there u tube page who could they be working for tv compaines or goverment? i read the bible and beleive in god.
to bad maybe if they did they wouldnt have to work so hard.
but then im taking the big jump saying they can read the wrighting on the wall.
Vheck out (voglbop) below...Now that dudes family has one hell of a world of hurt coming there way...Thats okay tho Im sure they're living the high life while the dream lasts...
VV, your thesis is premised on a rationale approach which is laudable. A foreclosure wave or maybe fall weather could be triggers but what is to say the present interventions (maybe a national moratorium program) won't continue in perpetuity, stall or negate a drop and continue the illusion that things are not as bad as they really are? Confidence is what will move this market. Take reality out of the question and who knows? Worked in the past didnt it?
we had a huge technical bounce. same thing happened at the beginning of the great depression. but, when the dow starts tanking again this fall/winter we will go back to everyone looking at the bad news etc. confidence will dry up just as fast as it started to come back.
Hope you're not too sleepy from staying up all night reading Revelations while you clean your guns and count your cans of tuna.
watch?v=WEi8Mj6WDKM#movie_player
Check out the vid and plan accordingly. I miss those times, seemed like back then there were fewer loonies and more people with a higher IQ. Maybe not, might just be wishful thinking.
So to ignore the fundamental facts of the economy requires a high IQ? Then the people at CNBC and Jim Cramer must be geniuses!!! I'm glad they were smart enough not to call the decline in 07 or the crash last november.
check my video in video response i already said that Glod crude oil euro everything will go down against US dollor also stock markets.... check it out in video response or come to my channel mustfarhan... i hope real traders will like it!!
from today i will start predicting market daily!!!
check my video in video response i already said that Glod crude oil euro everything will go down against US dollor also stock markets.... check it out in video response or come to my channel mustfarhan... i hope real traders will like it!!
from today i will start predicting market daily!!!
There might also be some food shoratges this fall/winter.
Because of the dry and cool weather around the globe, there have been a lot of crop delays and failures in the US, China and India.
Add to that the artificial water shortage in California, drought in Argentina which has killed herds of cattle, the tomato fungus in NY, soybean white mold in OH etc.
hmm, foreign stocks not your big winner eh? too bad all you 'dollar doom' ppl had to flame and deny the weakness in the BRICs. crash is led by the Chinese paper dragon, and the fallout is uncertain to say the least.
This is a question, not a comment. I was wondering how do I get my money out of a 401k and use it by metals without taking a penalty? if any one could answer me that would be great.
Dude, what if gold goes up fast this week? Don't fall for the MSM hype, the dollar could collapse at any time. Its not worth giving the dollar the benefit of the doubt anymore.
Its the Commercial Real Estate thats the next big bankruptcy and down duhh! Just like with the sub-prime mortgage in oct08 but in 09 its CRE thats the next big leg in bankruptcy charges allong with more insurences its not that hard to figure out. get out of stocks stick with long term prep and tangible assets.
Dollar to rally. please, countries are no longer buying our t bills and we are basically buying own. printing press has not stopped. joke. if gold and silver doesn't do well, it is only temporary. i am told here in u.s. gold and silver is cheap compared to other countries. however, to buy gold and silver if you are in from another country, you must convert to dollars first then purchase the gold and silver metals/stock.
to lindabebe835_ i agree with you. Brazil, china, japan, india and now Venezula have no big plans in the short term in buying anymore t-bills, t-bonds from the USA anytime soon. Only American workers and the FED are going to be the only buyers, to purchase t-bonds, t-bills.
Hey V V - Another great video! When I saw what the market closed at I wondered if you might have a video posted - sure enough you did. 5* - great job. I had to run earlier, but now have time to tell you how much I appreciated your video today. I've been buying G&S on APMEX on your recommendation - thx. Did you ever get a discount code for your viewers?
I know people who have been looking for a job here is so cal for a year and have not found one. sad. they are diligent, have degrees and are not too picky.
Im in BBQ business, i just read an article in bloomberg that pork futures are down 30% the entire industry with the farmers is collapsing. China isnt importing any pork. Its given us VERY cheap prices for now though. Thanks for the report. Just thought the pork story is interesting NONE of them are profitable the pig farms that is
Thanks - I just searched "factory farming" and came up with a two part "Supermarket Secrets" video. I've only watched a few minutes, but am now going back to watch more (after I order my gold and silver)!
Dan you are spot on with gold going down this fall. Just look at the charts gold fell to 750 during the last sell off. Once all the paper gold is sold off, physical will drive it right back up and hopefully finally crash through 1000!
But the question is Daniel, what happens if the Dollar Index continues to slide during the Fall? Obviously for the past few months the rally in equities has been all about commodities getting a bid in the reflation trade, and this trend could continue. And if it does, shouldn't there be a point when equities start getting trashed? Major support in the dollar is around 71 on the DX, and if it falls down there we should have oil over 100/barrel.
great again Daniel...all i could do during this market rally was shake my head and think ...'if wishes were horses'...knowing all the time that it was just hope wishing and dementia pushing the market
Are you buying SPX Puts then??? I agree that it is going to 400, but disagree with the time frame. I think you are underestimating what is going on behind the scene's.
I agree with your view. While we have our heads burried in economic data I poked mine up for a minute to look at what's happening with one of Gerald Celente's predictions. Violence and desperation are things Gerald sees a lot of in the future. Google "home invasion" in the news section. I ran that query six months ago whith very fews news stories hit. I ran it today and there are hundreds and hundreds every week. Home invasion has become an epidemic.
thats why I have a 9mm with 17 rounds at my grasp. I agree. We had one in our neighborhood (nice middle class) They beat up an old man even though he laid down and did what they asked. There were four of them, so I guess thats three shots each and 1 bonus for the lucky one thats still breathing.
I live in nice newer development (<10 years old) out in the country. All the neighbors know each other and socialize.
There were break-ins 2 years ago (because no one ever locked their cars or homes).
It ended up being some couple from UP IN MICHIGAN! They were driving around random areas, watching and studying. Then just wander in and snatch a purse then leave.
That was before we moved here.
Last year, 5 families from my church (small church) had their homes broken into while out.
You hit the nail on the head. Thank you so much for telling the truth, and getting it out there.
Dakarah777 1 year ago
behind every penny-stock victim is a face, a family...
just kidding, Daniel. You go, Tiger. ;-)
TadRapidly 1 year ago
Please VV and all your followers do the following. Stock up on food and water, buy TONS of gold and silver, and dig a hole in the ground, then come out in 7 years to rebuild society.
Soldiersstain 2 years ago
hey do you still think gold and silver is still going down? wouldn't the last few days change ur opinion?
thekwng 2 years ago
If you feel so strongly the US economy is going down, is it really so wise to even have stocks? Many foreign companies are dependent on exports to the US
flatnerd 2 years ago
VisionVictory do you have a twitter account to follow?
amraboelela 2 years ago
iT WAS JUST REPORTED THAT WE ARE 644 TRILLION DOLLARS OF UNFUNDED DEBT ON TOP OF 1.4 QUADRILLION IN DEBT. AMERICA IS FINISHED. SORRY BUT WE WILL ALL LIVE IN EXTREME POVERTY! PEOPLE STOCK UP ON FOOD.
pandabead 2 years ago 8
The dow is being artificially inflated to bring consumer confidence. Soros is the croney behind it. We are quickly turning into a banana republic. ACORN and the radical PROGRESSIVE APOLLO PROJECT HAVE BEEN WRITING THE BILLS THAT GIVE THEM BILLIONS OF OUR TAX DOLLARS.
pandabead 2 years ago 3
is this live?
besterTV 2 years ago
Hey V V. Just out of curiousity, what is your background and qualifications?
southdakota1001 2 years ago
Hi Daniel, great job with your channel, love it! As I agree with most of your forecasts and statements, yet one of your statements made my eyebrows to rise. Do you really think that Dollar has any fuel to rally??? do you think the rest of the world see USD as a safe heaven? what do you think would be a fare price of dollar in euro for the rest of the year? when you say "rally", do you reffer to price of gold dropping or is it also with regards to other currencies like EUR? thank you in advance!
belarussianflorida 2 years ago
I totally agree with you Vision Victory. The market is going up on bad news where it should go down. I think the market was manipulated up for the holiday season this winter. Because they know that this year is going to be bad because people are unemployed and/or underemployed and aren't looking at buying stuff just to be buying it. So buy having the market up like this makes a down back to 6 and change look not as bad. But we still have the Commercial property and the shadow inventory.
BuckFutterd 2 years ago
I am such a penis head.
CampsSuck 2 years ago
This was on the world wide featured videos list on my webpage. Congrats...
cowboycarl04 2 years ago
So basically, we live in a world where the firefighters, teachers, law enforcement,and other retirees etc. are going to get the big FUCK YOU after the bankers embezzle their bounty to countries without extradition treaties.
Nice.
coultrane 2 years ago 2
The people you mention were (and still are as it lasts for only a little bit longer) comfortable screwing private industry tax-payers, so now it's also their turn to feel the pain - with layoffs, pay furlows and cuts (and perhaps eliminations) to their pensions.
theroilsoil 2 years ago
In Australia, working for the goverment pays so much more than private industry now. This is the start of the collapse here. eg - police,fire fighter,ambos,tax collectors,teachers etc. Real jobs pay F*&^&ck all.
PlatinumGordon 2 years ago 3
Yea. What a great society.
RainMan34 2 years ago
Pension Plans Private-Equity Cash Depleted as Profits Shrink
U.S. pension funds contributed to the record $1.2 trillion that private-equity firms raised this decade. Three of the biggest investors, state pensions in California, Oregon and Washington, plunked down at least $53.8 billion. So far, they only have dwindling paper profits and a lot less cash to show the millions of policemen, teachers and other civil servants in their retirement plans.
PONZI SCHEME ALERT!!!
coultrane 2 years ago 2
After all, isn't the heart of fraud based on promising people their money long it has been swindled. Sure, no problem, these are SAFE INVESTMENT VEHICLES. GUARANTEED! Cut to commercial of baby boomers sipping pina coladas as they debate which home to return to after their 2 month Caribbean time share vacation.
How are those highly structured, low risk, win win investments now?
US pension giants lose big on real estate
So HOW ARE THESE RETIREMENTS GOING TO BE FUNDED?
coultrane 2 years ago
The California Public Employees Retirement System, the Washington State Investment Board and the Oregon Public Employees Retirement Fund -- among the few pension managers to disclose details of their investments -- had recouped just $22.1 billion in cash by the end of 2008 from buyout funds started since 2000, according to data compiled by Bloomberg. That amounts to a shortfall of 59 percent. In total, they havent reaped a paper gain from funds formed in the past seven years.
coultrane 2 years ago
Eliot Spitzer: "The FED is a Ponzi Scheme. Run by Banks". Won't say where $13.9 TRIL went
watch?v=UhfvE9bNls4
coultrane 2 years ago 2
If you think our wars in Iraq and Afghanistan are BULLSHIT.
Call you reps and tell them to end the wars!
Capitol Switchboard
(202)224-3121
Don't forget to tell them you want the FED AUDITED!
coultrane 2 years ago
Treasury to sell $109 billion in notes next week
The Treasury Department said Thursday it will auction $109 billion in debt next week in its monthly offerings of short- and medium-term notes. It will sell $42 billion in 2-year noteson Tuesday, $39 billion in 5-year debt
on Wednesday and $28 billion in 7-year notes on Thursday.
All this short term debt will have to be serviced SOONER rather than later. I am of the belief that we've hit the mathmetical debt event horizon.
coultrane 2 years ago
I'm not buying them. They will have to go suck foreign c0ck and earn more debt financing the hard way.
pshinspections 2 years ago
I stand correct. The Treasury is selling 197 BILLION DOLLARS in NOTES next week.
They are planning to sell $197 billion next week which includes $88 billion in continued roll over of very short term bills in addition to the notes. This is an ongoing Ponzi scheme conducted by the Fed, Treasury, White House and Congress as they must pay off maturing contributors of the scheme.
coultrane 2 years ago
What happens when the holders of the short-term debt no longer want it rolled over? How does that work?
Trazom24 2 years ago
chena3 2 years ago
Mortgage delinquencies hit another record: MBA
Mortgages either in foreclosure or with at least one payment past due hit 13.16% in the second quarter, the highest percentage ever recorded by the Mortgage Bankers Association, the industry group reported on Thursday. The delinquency rate for mortgages on one- to four-unit properties rose to a seasonally adjusted 9.24% of all mortgage loans outstanding in the second quarter, up from 9.12% in the first quarter
coultrane 2 years ago
Winter is coming. Rotate your storage food and add new supplies. The next leg down will be brutal.
coultrane 2 years ago
I fear you may be right because so far with the spate of bad news the market refuses to budge much below 9,200. When it does come it should be an avalanche.
Trazom24 2 years ago
Derivatives have NOT gone away. Based off of the FDIC job opening list for Florida and California, it appears that will be closing HUNDREDS OF BANKS in the near future. I'm sure hundreds of banks are technically insolvent right now, but the FDIC lacks the manpower and CASH to effectively close them.
coultrane 2 years ago
VV Great Vid! Why did you have to make it end exactly at 11:11 I've been seeing this # everywhere lately. More so than any other time since i've been seeing it, meaning what i don't know but has to mean something!
buzzz121 2 years ago
I'll probably eat crow for saying this, but I really don't see gold/silver price dropping. Hanging on to USD during deflationary period is a dangerous game because it's only a temporary short term situation, smart rich insiders know this. Like the snap of a bullwhip deflation will end abruptly.
Also, think about all the USD held by foreign countries, they're moving into hard assets (any) and out of USD.
Let's see how this plays.
samsontiger1 2 years ago
P2 -
USA (w/ all our government owned industries, and social programs) - broke, states are broke, banks are insolvent, 1.3 Quadrillion CDO debacle looming.
Sooner or later (maybe sooner) there will be MASSIVE defaults of an unimaginable magnitude (one can only speculate how it will play out). Once this happens all bets are off w/ regards to anything containing counterparty risk (USD included). :)
samsontiger1 2 years ago
Everytime they drop, I hope I am smart enough to buy more.
pshinspections 2 years ago
We were enjoying 14k quarterly dividend checks from one particular bank stock we have.....last check was $1,300. Quite a drop from $14,000.00. Trouble is...we are not able to sell it. It's tied up in a trust....so all we can do is wave goodbye to what was almost a million dollars of stock...now toilet paper...
Yes....we are all hurting.
MissPickletoes 2 years ago
Great Video Dan. Love the idea about the emails. Still don't feel ready for what's coming but will do the best we can.
Perceiving 2 years ago
Hey just to let you know. I haven't been getting ANY updates on your videos! Alot of my subscriptions are not updating! Great upload again Daniel! Cheers from MD!
Fightforfreedom99 2 years ago
They say its the first time that U.S. Markets took a downturn because of Chinese Markets.
Also there is a rumor that China wants paid in their own currency
rocksiphone 2 years ago
Read that Chinese Markets went down 20% in the past two weeks.
Heard its the First Time in U.S. history that the U.S. markets
rocksiphone 2 years ago
get ready government is easing you out into understanding that there will not be electricity some day for quite a while
electricity is on the roof , LOL
tuktukktotam 2 years ago
Do you know that military style self heating food is being distributed through churches and charities I wonder what logistics are behind it . Why do they want people to get used to using those self heating packs :)
tuktukktotam 2 years ago
This has been flagged as spam show
this is hilarious, but you should check out the site: whoopsamerica its super funny, and has great articles.
opim101 2 years ago
Why don't you take the 25% and instead of converting to bonds you should further deversify in precious metals. For example buy platinum. This is absolutely gaurunteed long term inflation proof. Also, be sure to take possesion of the actual metals.
mikem720 2 years ago
Platinum can be unpredictable for long term.
It is certainly used in industrial processes..especially since every car manufactured has a catalytic converter to curb CO emissions.
If electric/hydrogen/air cars come into mainstream, then there will not be a need for catalytic converters --> demand tanks.
jcwitness 2 years ago
Platinum is crucial in fuel cells.
coultrane 2 years ago
chena3 2 years ago
Some will say this upcoming holiday will be the worst ever, I think it may be the best for a long long time.
SamuraiCommando 2 years ago
Heya Chena can you elaborate a lil more, im braindamaged due to American Idiot and Dancing with a Jackass thx.
lostinthemix 2 years ago
send you over to denninger at market ticker ..he posted 'whistling by the grave yard ' explains it pretty well ..
4.74 bid to cover means there were 4.7 times as many bids as there were bonds ..usually 2.4 or so .. primary dealers usually only take half the bid ..
today they were fighting for most of it ...76%
leads me to think ..they are seeking shelter from an impending storm ..in equities
batten down the hatches ...
stow everything below ..
good luck players ..
chena3 2 years ago
Thx Chena, hopefully when all this shyt blows over we can have a good laugh over a beer or two. peace Norm
lostinthemix 2 years ago
not
pshinspections 2 years ago
I believe in you Daniel and your vision. Thank you for sharing your thoughts. Some of us are awake and trying to awaken others.
jaingxu 2 years ago
thx for the comments
visionvictory 2 years ago
Baghdad blasts kill 95, Iraqi security criticised
A series of blasts in Baghdad killed 95 people and wounded 536 in Iraq's bloodiest day this year, renewing doubt over Iraqi forces' ability to maintain security after U.S. troops pulled out of urban areas.
The quagmires in Iraq and Afghanistan persist and worsen. Fortunately, Obama said we were leaving Iraq. Oh, I forgot, he is a puppet who said those things to get elected. Those shiny support our troops stickers are fading fast.
coultrane 2 years ago
'Baghdad blasts kill 95'
Anyone else find it ironic that before 2005 (and our 'help') that there were no bombings, IEDs or nongovt created violence.
And that was all with 100% iraqi security force and no training from USA.
jcwitness 2 years ago
Coultrane - yeah, I agree. 25% of all US military deployed for these two wars are National Guard. They're not here in their respective states, where they should be. Those that enlisted pre-9/11 never expected to be deployed overseas.
Sustainable2008 2 years ago
Attorney: FBI trained NJ blogger to incite others A New Jersey blogger facing charges in two states for allegedly making threats against lawmakers and judges was trained by the FBI on how to be deliberately provocative, his attorney said Tuesday.
Hal Turner worked for the FBI from 2002 to 2007 as an "agent provocateur" and was taught by the agency "what he could say that wouldn't be crossing the line," defense attorney Michael Orozco said.
They are out there.
coultrane 2 years ago
'Attorney: FBI trained NJ blogger to incite others'
So are you going to just sit there and watch this happen? I say not!
Grab your pitchforks and/or clubs and hit the streets!
Don't forget to target the lawmakers and judges.
-Signed Joe Smith.
An ordinary civilian just like you.
(AND NOT AN AGENT . Nothing to see folks. Move along).
jcwitness 2 years ago
I was planning to put my money into yen then back to AU dollar then into stocks
fox20012 2 years ago
I AGREE about the deflation, the money has been SPENT, the inflation is ALREADY here, last year stocks went down?!?!?!
stocks went down.... ummm yeah thats deflation <-- NO ITS FUCKING NOT!!!!!! Cause treasury bonds, the yen and the dollar etc went up, money went from stocks to cash and T-bills
where is the dollar destruction??? Im gonna make a video one day about HOW FUCKING STUPID DEFLATIONISTS ARE!
fox20012 2 years ago
If you don't see dollar destruction arent you a deflationist?
AM429 2 years ago
I just don't see the dollar destruction at all, I just see the bubble transfer from the Stock market to T-Bills and the Cash etc then back on too the stock market.
Saying your a deflationist is just a joke
fox20012 2 years ago
DID YOU KNOW??
John Holden co-authored a book called
"The No-Growth Society" Did you know that this man was named Obama's Science Czar and that Obama says that science is the answer for all of mans problems, including economics. Another Harvard hippy who believes that zero growth and zero population is the answer for the next millenium V V Have you read the book?? It even mentions Nationalize Health Care
Spurgeon123 2 years ago
Of the $6.84 Trillion in bank deposits, the total cash on hand at banks is a mere $273.7 Billion. Where is the rest of the loot? The answer is in off balance sheet SIVs, imploding commercial real estate deals, Alt-A liar loans, Fannie Mae and Freddie Mac bonds, toggle bonds where debt is amazingly paid back with more debt, . all sorts of other silly (and arguably fraudulent) financial wizardry schemes that have bank and brokerage firms leveraged at 30-1 or more. Those loans cannot be paid back.
chena3 2 years ago 2
Good analysis like always, but...from only economic point of view. In case of begining of military action against Iran(which is absolutely expected this fall)oil & gold price will sky rocketing & the rest will get even less predictable. One thing is clear: don't rush to sell your metal!
alexguitaralex 2 years ago
By Ambrose Evans-Pritchard
Frankfurt business district
Dark clouds: Germany is bracing itself for a further financial storm, similar to those shown over Frankfurt 's business district "The most difficult phase for financing is going to be in the first and second quarter of 2010," said Hartmut Schauerte, the economic state secretary. "We are working as a government to create instruments that can offset a feared credit crunch or any credit squeeze in sectors of the economy," he said.
bdc03 2 years ago 2
What qualifications does this guy have to make these statements? Presumably he isn't an economist; is he some sort of of stock brocker?
Also, why is the sound on the video so low?
Jaromani 2 years ago
Jaronmani,
I don't think anyone is going to respond to you, because this has been addressed NUMEROUS times in previous videos and other posts.
If you want to know, then take 5 minutes to seek out your own answers.
If you have ambition to do that, then you should spend time researching shadow stats, Peter Schiff, Ron Paul, CFR,PPT, etc etc
jcwitness 2 years ago
Frankly, I'm not "ambitious" enough to do the research. It's a pretty reasonable question that should be easily answered. If it takes a long time to explain (even five minutes), I seriously doubt he has an real expertise in the field.
As is, I will assume he's an average joe who has read books on a fringe school of economics exclusively, without bothering to read anything outside of that school.
Jaromani 2 years ago
VV may be an average joe, but Jim Rogers Dr, Marc Farber, Max Keiser, Peter Schiff, Noriuel Roubini, Adrian Sarabuchi (not sure spelling),Celente and other highly degreed and accredited economists and investors are saying the same thing.
But you keep listening to Cramer, Kudlow, Kneale, MSNBC, CNN, CNBC, FOX etc and go for it!
buzzz121 2 years ago 2
Buzzz121"
Most"highly degreed and accredited" economists would disagree (for the most part, at least) with the statements made in this video.
You seem to think that ignorance is caused by exposure to "mass media," which is silly. A lack of diversity of information is what causes ignorance.
So if you only read economic columns and books from authors of the Austrian school of economics, you're just as ignorant as someone who only watches the "mainstream media."
Jaromani 2 years ago
Those mainstream keynisian economi sts must have missed the 2 $Trillion x-tra reported in the defecit today. But its OK, keep up the good work!!!
buzzz121 2 years ago
There are few true Keynesian economists anymore. Most modern macroeconomists take the empirically proven parts of every school of economics, and combine them.
Understand: in no way am I saying that Keynes is some god, nor am I saying that CNN pundits are a reliable source of economic information; rather, you need to do more reading to make a reasoned judgement on the economy. It's not sufficient to have read only books written by proponents of one school of though, which I suspect you've done.
Jaromani 2 years ago
Comment removed
jman144 2 years ago
The thing with gold is that you won't get any richer by owning it, but you won't get poorer like you would if you owned dollars.
BassmasterBling 2 years ago
WHAT DO YOU MEAN NO RALLY?
Dennis Kneale said the green shoots were coming up right after Mark Hanes called the bottom. Maria Bartoromo said the Market was so stable that rich bastards from Abu Dabi were pouring money in. Steve Liesman said
that Ben Bernanke couldn't make a bad decision. Larry Kudlow told me the dollar was strong....and Jim Cramer said we are in a BULL market? Are you telling me they are liars?
Shame on you!
pinkcheesegreengh0st 2 years ago
economic shock treatment? what are you talking about..theres green shoots of recovery! so much so i could swear it was st. patricks day!
jk
goldspring187 2 years ago
I saw a 2 UFO's yesterday. I am not crazy either.
Manofbegging 2 years ago
Mishmedlock? where is that fourclusure link YOU SAID YOU HAD?
seks03 2 years ago
just google "mish" and u'll find his blog
bdc03 2 years ago
I love your video's!
This is a great time to buy stocks! ...we may never see prices for American Companies this low,I agree with you,but some of these companies are part of the very fiber of our country! are you trashing that? I don't think you are. This may be a life-time low, and a great chance to profit or catch up with the "man"
shaylo2006 2 years ago
Stopped by a Mall in Orange County. It seems the city is allowing RV's and people sleeping Cars to stay over night.
Tigerpoi51 2 years ago
"money supply is still expanding, just less" Oh this is REALLY hyperinflationary, NOT. It's movement towards deflation. How are all these huge debts going to be serviced ? There aint gonna to be excess money floating around to bid up gold to anywhere near $2000. Get a grip.
waldentree 2 years ago
You're right about the deflation. We probably won't see gold near $2000 anytime soon.
If you want a good read on the inflation/deflation/currency crisis event then google Exter's liquidity pyramid. It makes a lot of sense.
Trazom24 2 years ago 2
Thanks for the Exter info.
Unless there is a total collapse or an electronic currency introduced, physical cash will be the safest play for some time. Even then, food etc is more important, and gold could be banned under some new fascist system.
It's too late/early to buy PMs.
waldentree 2 years ago
Waldentree, why do you think it's too early/late to buy PM's? I'm not understanding why you say this. The problem with holding ALL of your wealth in cash dollars (FRN's) is that the cost of goods and services could rise very rapidly and the purchasing power of the dollar will go way down whereas PM's retain their purchasing power.
jc7622 2 years ago
I give up
waldentree 2 years ago
America needs God
Romans 6:23
For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
2 Chronicles 7:14
If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
hier0phant 2 years ago
Religion is a tool to keep the sheep in line. Why do you think the govt is using the clergy in their northcom drills?
Manofbegging 2 years ago 2
It is my sincerest desire for you to be vindicated and your preapprehension of Dow 4,000 be realized. These 'financial experts' with their acrimonious gall and hubris, chortle like lascivious harlots in jocularity over their contrived market gains. If and when Dow 4,000 manifests; these flagitious wretches should be hung with their own entrails.
GanjaZombi2 2 years ago 2
Who wants this to happen? I certainly dont. Its just going to happen because of what was done in the decades leading up to now and what is currently going on. This isnt going to be happy time for anyone including the well prepared.
Libertarianman88 2 years ago
im sorry but just a simple question!
listen just watch larry kudlow
the guy who would sell his own mother just to make a buck.
and see where you get.
i dont really care either way so dont reply please.
gazoorap 2 years ago
gazoorap,
larry kudlow is a great american and a patriot, (as he always tells)he's also well respected on wall street so what is your problem?... hehehe
iossysm 2 years ago
this guy is brave and telling the truth you want cookies and milk go to cnbc or fox or cnn.
but when you talk with men they will laugh in your face.
enjoy your party for it will be over soon.
and its not jesus fault.
its your own for careing for materialism and not fighting for liberty.
i laugh at the guy cleaning your gun and reading your bible!
no im on my boat after sunday mass with my family.prepare for worst pray for best.
.
gazoorap 2 years ago 2
I like cookies and milk but the ones at FAUX and CNBC are spoiled and stale.
lostinthemix 2 years ago
roof top
economics ...
chena3 2 years ago
Good stuff !!!
JERY144 2 years ago
"mom on the ruof", What's a 'ruof' :)
Zguitar1 2 years ago
Good Vid. I remember watching your vids from last year and u are right. I live in Montgomery, Alabama the headquarters of Colonial bank and I told my wife and other people 2 years ago while they were buildin their new headquarters here about 5 miles from where i live that Colonial is building all of that stuff and they are going to fail within 2 years...well here we are and they have failed..what is funny is the the founder Bobby Lowder resigned 2 months before all this happened.
trscott1975 2 years ago
Thank you VV, Are you thinking that this fall we are going to be looking at some bargains in silver & gold. And do you think it's worth saving some cash for oct- nov. purchase? Or should we just keep buying as we go? thanks for any thoughts.
bossduff 2 years ago
If you want a deeper understanding of economic shock testing and what is going on with the economy in general, then you might want to read these:
Silent Weapons for Quiet Wars (by: Hartford Van Dyke)
A World Restored: Metternich, Castlereagh and the Problems of Peace 1812-22 (by: Former Secretary of State Dr. Henry Kissinger his Harvard Doctoral Dissertation)
There is change coming, but do not listen to their words, watch their actions.
Peace
thbyrnes 2 years ago
i agree with you 100 percent .vison victory.
to the people that attack your common sense theisis. i notice they have no friends and nothing on there u tube page who could they be working for tv compaines or goverment? i read the bible and beleive in god.
to bad maybe if they did they wouldnt have to work so hard.
but then im taking the big jump saying they can read the wrighting on the wall.
wait to they see the surprise in october !
buckle up!
gazoorap 2 years ago
I think I am simply asking reasonable questions.
yknaught1 2 years ago
no you want a fortune teller hes telling you the truth whats coming and you keep saying theyll do this and that.
it doenst matter.
you have a MAJOR collapse coming
max keisers website read all info dow theory.
after that its up to you. beleive the sun will come up. diffrence is people cant bear the truth.
so they attack you .
35 million manufactering jobs gone in 20 yrs!35 million on food stamps!
10 milllion without jobs NOW!
deflation where paid 650dollars for250 gals oil ,
gazoorap 2 years ago
Uh you need to stop all this logic, im sure there are alot of brains that are hurting right now because of your comment. :)
lostinthemix 2 years ago
Vheck out (voglbop) below...Now that dudes family has one hell of a world of hurt coming there way...Thats okay tho Im sure they're living the high life while the dream lasts...
mookixox 2 years ago
VV, your thesis is premised on a rationale approach which is laudable. A foreclosure wave or maybe fall weather could be triggers but what is to say the present interventions (maybe a national moratorium program) won't continue in perpetuity, stall or negate a drop and continue the illusion that things are not as bad as they really are? Confidence is what will move this market. Take reality out of the question and who knows? Worked in the past didnt it?
Can anyone say interest only loans?
yknaught1 2 years ago
we had a huge technical bounce. same thing happened at the beginning of the great depression. but, when the dow starts tanking again this fall/winter we will go back to everyone looking at the bad news etc. confidence will dry up just as fast as it started to come back.
bdc03 2 years ago
I heard that Bilderberg has planned a stock market crash in December 2009 or January 2010......
I'm not a big conspiracy guy but its food for thought!
hehatemee 2 years ago
morning doomers,
Hope you're not too sleepy from staying up all night reading Revelations while you clean your guns and count your cans of tuna.
watch?v=WEi8Mj6WDKM#movie_player
Check out the vid and plan accordingly. I miss those times, seemed like back then there were fewer loonies and more people with a higher IQ. Maybe not, might just be wishful thinking.
voglbop 2 years ago
So to ignore the fundamental facts of the economy requires a high IQ? Then the people at CNBC and Jim Cramer must be geniuses!!! I'm glad they were smart enough not to call the decline in 07 or the crash last november.
Libertarianman88 2 years ago
voglbop
Mark Twain once said:
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt.
Perhaps you should have remained silent.
jcwitness 2 years ago 5
Mish SHEDlock (not Medlock).
LeedansParis 2 years ago
Hey cheers.
jd27x 2 years ago
Any safe haven to put your money in for the next 6 months???? Cash out and wait on the sidelines???
If Gold declines should we just time the drop and rise???
hehatemee 2 years ago
im diverse, half gold 1/4 cash and 1/4 this awesome stock.
AM429 2 years ago
Define "awesome stock" please?
mooseythejuiceman 2 years ago
Tapco collapsible 6-position stock with compass, adjustable cheekrest and a storage cap for Skittles.
Straight bolt-on replacement for you AR-15..
oh, that isn't what you wanted?
(still awesome though)
jcwitness 2 years ago
check out brothers in video response and act wisely and dont invest and people with inventories.. clear them!
as soon as possible!
mustfarhan 2 years ago
This has been flagged as spam show
check my video in video response i already said that Glod crude oil euro everything will go down against US dollor also stock markets.... check it out in video response or come to my channel mustfarhan... i hope real traders will like it!!
from today i will start predicting market daily!!!
mustfarhan 2 years ago
check my video in video response i already said that Glod crude oil euro everything will go down against US dollor also stock markets.... check it out in video response or come to my channel mustfarhan... i hope real traders will like it!!
from today i will start predicting market daily!!!
mustfarhan 2 years ago
I'm prepared...but scared as hell... :(
yourvillaormine 2 years ago 4
There might also be some food shoratges this fall/winter.
Because of the dry and cool weather around the globe, there have been a lot of crop delays and failures in the US, China and India.
Add to that the artificial water shortage in California, drought in Argentina which has killed herds of cattle, the tomato fungus in NY, soybean white mold in OH etc.
KOPYMEH 2 years ago 3
hmm, foreign stocks not your big winner eh? too bad all you 'dollar doom' ppl had to flame and deny the weakness in the BRICs. crash is led by the Chinese paper dragon, and the fallout is uncertain to say the least.
YankeeGlacier 2 years ago
This is a question, not a comment. I was wondering how do I get my money out of a 401k and use it by metals without taking a penalty? if any one could answer me that would be great.
wirealias 2 years ago
Speak with your financial advisor and keep this in mind:
Your 401k contributions were made before income tax deductions (and you 'must' pay them).
Your options are :
1. to liquidate (and face penalties if cannot offset the obligation--or show that it rolled into qualified plan)
2. move all out of US market (to what?)
3. borrow against (keeps money in the account) to get the cash out 'without penalty'.
If SHTF, would you 'pay it back'?
jcwitness 2 years ago
Quick question for you,
Do you see the Canadian Dollar being valued at worthless aswell in the future
derap34 2 years ago
Thanks for the video.
bluecat1122 2 years ago
My gut is really telling me we're gonna have a bank holiday by the end of October.
psxwarrior 2 years ago
im surprised silver isnt over 20
ndrew206 2 years ago 2
you were wrong the about the market this year and gold and silver to date. what makes you think you know what you are talking about into the future?
keep being bearish and sooner or later it will come true. gee, the market is going to go down, what a revelation? lol.
jp2059 2 years ago
Dude, what if gold goes up fast this week? Don't fall for the MSM hype, the dollar could collapse at any time. Its not worth giving the dollar the benefit of the doubt anymore.
rentonsentinel 2 years ago
how can you have 394 ratings and only 305 views?
TheUrbanSurvivalistS 2 years ago 3
interesting point - now its 305 views with 420 ratings.
CitizenB007 2 years ago 2
Just noticed your video is 11:11 long!!
lostinthemix 2 years ago
Haha moms on the roof...
neanam 2 years ago
Credit is tightening. Bank of America just closed my credit card account. I have a credit score of 700.
kidbilly1970 2 years ago 2
WOW!!! my credit looks liks swiss chz. and kinda happy about it :)
lostinthemix 2 years ago
Keep up the good fight vision victory.
burningred2121 2 years ago
Its the Commercial Real Estate thats the next big bankruptcy and down duhh! Just like with the sub-prime mortgage in oct08 but in 09 its CRE thats the next big leg in bankruptcy charges allong with more insurences its not that hard to figure out. get out of stocks stick with long term prep and tangible assets.
Steven6229 2 years ago
Dollar to rally. please, countries are no longer buying our t bills and we are basically buying own. printing press has not stopped. joke. if gold and silver doesn't do well, it is only temporary. i am told here in u.s. gold and silver is cheap compared to other countries. however, to buy gold and silver if you are in from another country, you must convert to dollars first then purchase the gold and silver metals/stock.
lindabebe835 2 years ago
I agree, any decline in gold/silver or a dollar rally will be temporary.
visionvictory 2 years ago
Ok, now i get what you are saying. thanks for the info and vids. truly an education, but than college econ.
lindabebe835 2 years ago
to lindabebe835_ i agree with you. Brazil, china, japan, india and now Venezula have no big plans in the short term in buying anymore t-bills, t-bonds from the USA anytime soon. Only American workers and the FED are going to be the only buyers, to purchase t-bonds, t-bills.
vsaldanas 2 years ago
Hey V V - Another great video! When I saw what the market closed at I wondered if you might have a video posted - sure enough you did. 5* - great job. I had to run earlier, but now have time to tell you how much I appreciated your video today. I've been buying G&S on APMEX on your recommendation - thx. Did you ever get a discount code for your viewers?
Sustainable2008 2 years ago
yes, just type in, visionvictory. we get about 10 bucks off for a purchase of 100 dollars or more.
visionvictory 2 years ago
Awesome - thanks!! I'm placing another order tonight.
Sustainable2008 2 years ago
Right on, Just spend your cash on things you need. Not things you need now. Knaaamean?
CoolConejo 2 years ago
I know people who have been looking for a job here is so cal for a year and have not found one. sad. they are diligent, have degrees and are not too picky.
lindabebe835 2 years ago
Im in BBQ business, i just read an article in bloomberg that pork futures are down 30% the entire industry with the farmers is collapsing. China isnt importing any pork. Its given us VERY cheap prices for now though. Thanks for the report. Just thought the pork story is interesting NONE of them are profitable the pig farms that is
Travinyle1 2 years ago
Check out the new film Food Inc. - you won't want to eat industrially produced pork from the massive pig farms. Buy from a smaller, local farmer.
Sustainable2008 2 years ago
More than that, do a search for CCC media which aggregates together thousands of truth videos that show what's really going on in this world.
cybersphere 2 years ago
Thanks - I just searched "factory farming" and came up with a two part "Supermarket Secrets" video. I've only watched a few minutes, but am now going back to watch more (after I order my gold and silver)!
Sustainable2008 2 years ago
Dan you are spot on with gold going down this fall. Just look at the charts gold fell to 750 during the last sell off. Once all the paper gold is sold off, physical will drive it right back up and hopefully finally crash through 1000!
zappos49 2 years ago
Thank God for the internet. Alot of people will be prepared. (I think/hope). So, VV shits bad now & now is it going to be really messed up?
jonnysport89 2 years ago
us dollar going up, gold and silver getting smacked
Fingerroll4VR 2 years ago
the end is near
Readers Digest ......
files for bankruptcy
chena3 2 years ago
You are right. Readers Digest been around forever. signs of the times
lindabebe835 2 years ago
Readers Digest:
Just another chapter in the book, Chapter11 that is.
What will those in waiting rooms and bathroom use to pass the time?
Count the deficit?
jcwitness 2 years ago
But the question is Daniel, what happens if the Dollar Index continues to slide during the Fall? Obviously for the past few months the rally in equities has been all about commodities getting a bid in the reflation trade, and this trend could continue. And if it does, shouldn't there be a point when equities start getting trashed? Major support in the dollar is around 71 on the DX, and if it falls down there we should have oil over 100/barrel.
Juvebeck10 2 years ago
nice job man.
A+
mejt223 2 years ago
great again Daniel...all i could do during this market rally was shake my head and think ...'if wishes were horses'...knowing all the time that it was just hope wishing and dementia pushing the market
centervilletn 2 years ago
thanks for the video (y)
PierreQuiParle 2 years ago
Daniel,
Glad to hear that you are going to liquidate your foreign stocks after earning some large returns.
huskie767 2 years ago
Are you buying SPX Puts then??? I agree that it is going to 400, but disagree with the time frame. I think you are underestimating what is going on behind the scene's.
glenzo20071 2 years ago
I'll check it out, thx
visionvictory 2 years ago
I agree with your view. While we have our heads burried in economic data I poked mine up for a minute to look at what's happening with one of Gerald Celente's predictions. Violence and desperation are things Gerald sees a lot of in the future. Google "home invasion" in the news section. I ran that query six months ago whith very fews news stories hit. I ran it today and there are hundreds and hundreds every week. Home invasion has become an epidemic.
davecros 2 years ago
good idea to search that type of stuff. thx for the input.
visionvictory 2 years ago
thats why I have a 9mm with 17 rounds at my grasp. I agree. We had one in our neighborhood (nice middle class) They beat up an old man even though he laid down and did what they asked. There were four of them, so I guess thats three shots each and 1 bonus for the lucky one thats still breathing.
aw3212 2 years ago 3
A shot to the head works the first time every time but always keep a spare mag. +1
oc5nsli341nforce4 2 years ago
EXACTLY.
I live in nice newer development (<10 years old) out in the country. All the neighbors know each other and socialize.
There were break-ins 2 years ago (because no one ever locked their cars or homes).
It ended up being some couple from UP IN MICHIGAN! They were driving around random areas, watching and studying. Then just wander in and snatch a purse then leave.
That was before we moved here.
Last year, 5 families from my church (small church) had their homes broken into while out.
jcwitness 2 years ago
Will join that email list, and thank you Vision as always.
dlmaniac 2 years ago
315 Ratings 305 Views....mmmm interesting
jonah70757 2 years ago