A former advisor of China's central bank Yu Yongding warned if Freddie Mac and Fannie Mae go belly up it could be the end of the current global financial system. Yikes! I've been stocking up on emergency supplies for a while now...it's all coming down!
I have a special little report (affordable)coming out in the next several weeks. And the website will be launched too. Some of my best stuff. I will let you know more soon.
This recent sucker's rally won't last much longer. 12,000, a bit more, tops, on the Dow. After that it drops yet again. This time, the panic might *really* start. I'm preparing to move way out into the boonies here in the states. Hopefully, I'll have enough cash to not only buy the place outright but get off the grid and get about half prepared for when the SHTF. From here on out, you can count the future existence of the world as you know it months, not years.
With respect "myspace"... Do you not, think that the "Green Movement", Carbon Tax, and all the other fictional stuff. Is nothing but another N.W.O. catalyist for the US & Europe? Look at China,India & Mexico. They're all immune to this tax-system. And able to continue to go bawls-out with same old dirty manufacturing & vehicles. It was meant to hold "our" economy back..and propel "theirs" forward. ...interested in your kind opinion, sir.
The market feels like 2002-03 all over again. A nasty low in July, a high in Sept., two nasty drops in Oct. with one being a higher low, and another higher low in March. I think they may be able to head off disaster until 2010 or 2011, but then we are going to be in big trouble.
In the meantime, let's be thankful for this blessed reprieve and get ourselves and those we care about ready for the nasty fallout.
Paulson taps Morgan Stanley for Freddie, Fannie advice
Treasury says firm will help it with options under new authority.
NEW YORK (CNNMoney) -- The Treasury Department retained Wall Street's Morgan Stanley on Tuesday to advise it on its new authority to prop up troubled mortgage financiers Fannie Mae and Freddie Mac.
___
Advise on how to pay for the water bills for the swimming pools in East Hampton...? Sounds more like it.
Can't believe how fast things are changing, the reality of the situation is very tragic. Notice how governments are taking away entitlements on a regular basis.
American Pensioners and retirement plan holders can say good bye to their retirement funds in a few years time. I don't know how that system works in Australia, I guess with a small population, Aussies will be better off. Would be interesting to know whats happening down under.
I have some energy stock, do you think the whole works is toast ? Got out of banks last year, don't have all my eggs in one basket. Don't want to just watch it go into oblivian.
hey myspace.....we all know the usa is broke as a bad joke, but just when do you see the shit hitting the fan??? there seems to be a bit of a whiff in the air that something big is about to go down.i was writing on one of the other post that with the build-up happening in iran, that if the economy starts to take a major slide,the us may use that and that alone to strike iran, just to try to subterfuge and keep the general public off guard. agree/disagree? any dates in your head? sept 08???
Another good one! I personally predict a big downturn in the U.S. stock markets around September 7 or 8. I mean freefall. Hope I am wrong -- I'm not enjoying any of this recession . . . but am secretly pleased that some folks are finally smelling the coffee!
When is this thing gunna fall. You been spot on the oil crashing...and all your other videos, I just went back and You predicted stuff way before it happens....U are the real deal and god is using you for a purpose I believe.....KEEP UP the good work ey!
What do you think of Lindsey Williams predicting $50 a barrel? seems unreal when he said it at $140+ a barrel but since the price has been tanking because according to him cheap oil is flooding the market from Russia so we could be seeing a real drop in oil value rather than just a price change linked to inflation in which case the drop in other commodities could be incorrect and will need readjusting to higher levels such as gold.
Thank you, MSS. I appreciate it. You're seeing a longer time frame than I do. I don't expect this current rally to last just a few weeks, at most. (You do this for a living, so we'll split the difference. ;O) )
Folks, warn as many people as ya can. Get prepared. The more people who are warned and prepared, the better off we'll all be when the SHTF.
CNBC gives me heart burn, I haven't been able to watch them anymore for about the last 2 months. It finally got to me, especially this guy named dennis kneal.
That was pretty upbeat. Anyways, I too see a rally for a few months as investors are in lala land trying to figure out what's ahead and playing on any good news they can. Come October/November though I think this will be an entirely new ballgame.
also, I think the central banks are doing some SERIOUS manipulation (I read they are buying up 100's of billions of dollars of bad securities and everything, its a huge mess)... in the past week there has been major propping up of the dollars....
A former advisor of China's central bank Yu Yongding warned if Freddie Mac and Fannie Mae go belly up it could be the end of the current global financial system. Yikes! I've been stocking up on emergency supplies for a while now...it's all coming down!
lyradguitar 3 years ago
Yu Yongding is correct!
myspacesecrets 3 years ago
i dude have you got any more cool stuff...I love watching these videos!
illuminatikey 3 years ago
I have a special little report (affordable)coming out in the next several weeks. And the website will be launched too. Some of my best stuff. I will let you know more soon.
myspacesecrets 3 years ago
What is the deal with gold? they took it all and locked it up for what? just to sit there what is the point?
themeaningoflife38 3 years ago 2
gold went up on heavy manipulation and speculation.
Gold will continue its trend the things weaken again. As I have been saying...this is a longer term investment.
myspacesecrets 3 years ago
give it time, its just a small correction,
it will go back up once everything else goes down.
fraMichigan 3 years ago
watch?v=G6_bAvB80iI
BendoverBernanke 3 years ago
This recent sucker's rally won't last much longer. 12,000, a bit more, tops, on the Dow. After that it drops yet again. This time, the panic might *really* start. I'm preparing to move way out into the boonies here in the states. Hopefully, I'll have enough cash to not only buy the place outright but get off the grid and get about half prepared for when the SHTF. From here on out, you can count the future existence of the world as you know it months, not years.
wrb1957 3 years ago
yes someone in here the other day said it was an ebook.
You selling an ebook Myspace? Cool...when is it coming out?
Where are you myspace???????
illuminatikey 3 years ago 3
Myspace you have a book coming out?
Go myspace....what is this about I want to know....and how much is it going to cost?
I want it? LOL
igotflickedoff 3 years ago 4
myspace what is with this book I hear you are coming out with.....??
WTF??????
dowtoplunge 3 years ago 4
get ready for the bank failures in the USA
aceyorba 3 years ago
nice call on the market crash albeit commodities not equities.
jester111a 3 years ago
Thks...
Crash of the equities to come later in the year.
Alot of stuff to happen before then! Will be a catastrophe.... :(
myspacesecrets 3 years ago
do you think there will be a terrorist attack in the US before the election?
themeaningoflife38 3 years ago
What is the bottom for gold and silver? $500 and $10, respectively?
huskie767 3 years ago
The printing press will pay for the bail outs.
davincij15 3 years ago
stopglobalwarmers 3 years ago
Hi Myspacesecrets,
Really enjoy your videos! Insightful, informative and love your accent.
Thanks for sharing!
KMSbear 3 years ago
keep them coming
Decon21 3 years ago
There is no way the US economy has bottomed. It will not bottom until housing starts to rebound.
Plus: US conditions are only warming because
1. better US GDP (caused weak dollar exports)
2. Drop in oil price
3. Euro & England are beginning to feel a weak economy.
4. Now it is a battle between who has the weakes economy US or Europe
5.Pound and Euro were over valued relative to there weakening economy.
SuperBadBrains 3 years ago
This comment has received too many negative votes show
the dollar has had the strongest rally in 4 years against most currencies. gold down almost $200 in the past month! US has bottomed.
worldwideexchanges 3 years ago
OMG!
Economy Lesson #101 dont listen to media!
myspacesecrets 3 years ago
Good luck with that theory. This is a great opportunity to dump the USD.
rseveran 3 years ago
Dam right! Great opportunity however if he is correct the dollar will go up.
davincij15 3 years ago
Friggen...heck! i really WON!??
Awesome, details sent....THANKYOU very much!
Myspace my man......YOU ROCK!!!!!!!
Can't wait to get my hands on it!!! TY!!!:)
igotflickedoff 3 years ago
Igotflickedoff, LOL.....that as quick!!!
congrats you just won yourself a copy of CRASH PROOF! Please PM me your details, and I will send it on your merry way!!
Congrats again!
myspacesecrets 3 years ago
Hello myspace dude am I the first post??
igotflickedoff 3 years ago
ok the next person to post wins a copy of PETER SCHIFF's Crash Proof!
myspacesecrets 3 years ago
that dude from shadow stats said this year would be horrible.
igotflickedoff 3 years ago
The market feels like 2002-03 all over again. A nasty low in July, a high in Sept., two nasty drops in Oct. with one being a higher low, and another higher low in March. I think they may be able to head off disaster until 2010 or 2011, but then we are going to be in big trouble.
In the meantime, let's be thankful for this blessed reprieve and get ourselves and those we care about ready for the nasty fallout.
Nymphe14 3 years ago
its us who need to bail out the rich!!!!
struggler needs to pay taxes to the rich so that they can ride in their massaradiz.
LucyVanPelt22 3 years ago
unfortuately i have to disagree that the market will turn up next week or another.
LucyVanPelt22 3 years ago
hello!!!!
i like your videos and donharold and manoftruth!!!!
LucyVanPelt22 3 years ago 2
I like the "hello beautiful people" greeting. How did you know?
Athenaikos 3 years ago
that is a secret! LOL
myspacesecrets 3 years ago
Paulson taps Morgan Stanley for Freddie, Fannie advice
Treasury says firm will help it with options under new authority.
NEW YORK (CNNMoney) -- The Treasury Department retained Wall Street's Morgan Stanley on Tuesday to advise it on its new authority to prop up troubled mortgage financiers Fannie Mae and Freddie Mac.
___
Advise on how to pay for the water bills for the swimming pools in East Hampton...? Sounds more like it.
gods2fight 3 years ago
If you listen to Bush&Co, there is no recession, it's all in your imagination.
rippedangels 3 years ago
This market is being manipulated. People are going to get sucked into the market and then the hammer will fall...hard.
Gold & silver now has presented a good buying opportunity. I do not know when they will bounce back, but they will.
truthsabre7 3 years ago 2
so true!
myspacesecrets 3 years ago
Civil War the Redux. The US government is malignant a cancer spreading... time to cut away. What will we do? This is our problem.
grotesquela 3 years ago 2
Can't believe how fast things are changing, the reality of the situation is very tragic. Notice how governments are taking away entitlements on a regular basis.
boots920 3 years ago
Yes things are going down fast now! But the worst is yet to come i.e. Big slides on market.
myspacesecrets 3 years ago
American Pensioners and retirement plan holders can say good bye to their retirement funds in a few years time. I don't know how that system works in Australia, I guess with a small population, Aussies will be better off. Would be interesting to know whats happening down under.
gods2fight 3 years ago
I have some energy stock, do you think the whole works is toast ? Got out of banks last year, don't have all my eggs in one basket. Don't want to just watch it go into oblivian.
boots920 3 years ago
What do you think about the recent breakout of the Russian and Georgia war?
AntandAm 3 years ago
join Ron Paul's campaign for liberty!
ZLadie2000 3 years ago 2
hey myspace.....we all know the usa is broke as a bad joke, but just when do you see the shit hitting the fan??? there seems to be a bit of a whiff in the air that something big is about to go down.i was writing on one of the other post that with the build-up happening in iran, that if the economy starts to take a major slide,the us may use that and that alone to strike iran, just to try to subterfuge and keep the general public off guard. agree/disagree? any dates in your head? sept 08???
marcusguernsey 3 years ago
americans should start a revolution like the russians did in the early 20th century!
stealthpakfa 3 years ago
It's Time to Revolt, Thank you Mss
Democrats08 3 years ago 2
Another good one! I personally predict a big downturn in the U.S. stock markets around September 7 or 8. I mean freefall. Hope I am wrong -- I'm not enjoying any of this recession . . . but am secretly pleased that some folks are finally smelling the coffee!
slobomotion 3 years ago 2
I don't really care what people make of my vieos, and or comments. I really just want to help people out!
myspacesecrets 3 years ago
my family thought this myspace guy was a doom & gloom looney. I thought they might have a point.
But Now all his thoughts and predictions are coming true....and he was probably holding back too. SO as not to cause to much panic when SHTF!
ANything else we need to know myspace, you really are someone I look up too!
illuminatikey 3 years ago
Great stuff myspace. Would the bonds crash before the stock market sometime in the next couple of years?
gods2fight 3 years ago 2
Dude u truly are the next jim rogers.
Truth is the most powerful thing of all.
When is this thing gunna fall. You been spot on the oil crashing...and all your other videos, I just went back and You predicted stuff way before it happens....U are the real deal and god is using you for a purpose I believe.....KEEP UP the good work ey!
igotflickedoff 3 years ago 2
Hey MySpace,
Great analysis and good points made. So I guess we may see more falls in precious metals before Sept/Oct? Keep rolling out the revelations.
andrewebisu 3 years ago
myspacesecrets, I am interested in your thoughts on the decline of gold and silver.
It seems that "they" are manipulating the action in a big way. Where do you think gold
and silver is headed in the near term?
ultijerry 3 years ago
What do you think of Lindsey Williams predicting $50 a barrel? seems unreal when he said it at $140+ a barrel but since the price has been tanking because according to him cheap oil is flooding the market from Russia so we could be seeing a real drop in oil value rather than just a price change linked to inflation in which case the drop in other commodities could be incorrect and will need readjusting to higher levels such as gold.
Danster82 3 years ago
Thank you, MSS. I appreciate it. You're seeing a longer time frame than I do. I don't expect this current rally to last just a few weeks, at most. (You do this for a living, so we'll split the difference. ;O) )
Folks, warn as many people as ya can. Get prepared. The more people who are warned and prepared, the better off we'll all be when the SHTF.
wrb1957 3 years ago
Igotflickedoff, no country has ever gone into a depression without much pain and anguish.
myspacesecrets 3 years ago
Oil dropping like dead fly. You were spot on.
The end of this year is going to be our worst nightmare come true. myspace? wat u think?
igotflickedoff 3 years ago 2
wow another great analysis myspace dude.
Keep up the great work! 5 stars!
illuminatikey 3 years ago
yes myspace, you are totally right again. I find the tax revolt interesting.
You should be on CNBC....I love your work! Please keep us posted with more of your messages.
dowtoplunge 3 years ago
All these guys are paid to lie...its important to remember that. Sad but true :(
myspacesecrets 3 years ago
CNBC gives me heart burn, I haven't been able to watch them anymore for about the last 2 months. It finally got to me, especially this guy named dennis kneal.
visionvictory 3 years ago
Great analysis
visionvictory 3 years ago 3
thanks mate!
myspacesecrets 3 years ago
great vid thanks!
P3coTrain 3 years ago
so whens the stock market crash coming again?? sept-nov right?>
VIRUSx17 3 years ago
The Crash is coming and 1929 will look like practice compared to whats looming around the corner...
VIRUSx17 3 years ago 3
That was pretty upbeat. Anyways, I too see a rally for a few months as investors are in lala land trying to figure out what's ahead and playing on any good news they can. Come October/November though I think this will be an entirely new ballgame.
bleedblue12345 3 years ago
also, I think the central banks are doing some SERIOUS manipulation (I read they are buying up 100's of billions of dollars of bad securities and everything, its a huge mess)... in the past week there has been major propping up of the dollars....
bleedblue12345 3 years ago
bleedblue-James Turk recently did an article on just how much the CB's have been propping up the dollar. Check it out at goldmoney. com
visionvictory 3 years ago
i went to that site but can't find the article... you have a direct link to the article? Thanks.
Kelvin701Lakeland 3 years ago
I tend to agree!
myspacesecrets 3 years ago
Will post about that later. yes!
myspacesecrets 3 years ago
comment on whats going to happen in Australiaaaaaaaaaaaaaaaaaaaa.
mrchekky 3 years ago