Socialist are totalitarians nothing else, every nation that tried socialism failed from the Roman empire to the soviet Union and the Chinese are slowing reversing the course and they are slow but hopefully they will succeed
The largest social programs are for corporations. That plays havoc with the laws of supply and demand. Nobody knows what the markets are any more due to Uncle Sam's tampering.
Now add our 57 Trillion from Social Security and Medicare. Don't forget our wonderful fiat currency the POS dollar!!! You cannot compare today to the 30's. That is a fools mistake.
This world is passing away! I know you went to the Tax Revolt in Sacramento. May I issue a warning to you and advise you to be very very careful. For review because you are a Christian, look at Gal. 5, specifically v.19. then 1 John 2:15-28. Blessings on the new baby. You're going to be a great dad so long as you keep God first in your life, you're wife second, your children and then everything else after!
All the people that think America no longer manufactures anything need to wake up. You have cornered the market in the number one business on the planet. The arms trade.
America is also in control of the second largest business on the planet. The illegal drug trade, South American coke and Afghani heroin
The military industrial complex is also in control of Fakery TV - All Lies All The Time - on the Tell Lie Vision. They control what you see, here, think & believe. You belong to their cults.
Yeah, people have to understand that the stock market is not the best indicator of wether the economy is doing well or not, too many things effect the DOW to rely on it as a gauge to go by. The only thing that we need to know is that we have a consumer driven economy and we don't make things anymore. As Peter Schiff says you can't borrow and spend your way to prosperity, wealth comes from manufacturing goods and savings. We don't do those things and that is why we are doomed! FORGET the DOW.
mitchrix31 - where is your channel? What do u have to say? The market HAS collapsed by Feb 09 - so wake up! I soppose sarcism is the lowest form of wit and watching TV has turned people to nasty mocking trolls. Turn off the TV - its propaganda.
Is the DOW Jones Industrial average true value less than zero? Consider how the banks have operated for the past several decades. Money has been created by debt; i.e. promises to pay. borrowed money was not removed from the banks existing assets, but was created by digital entry; The newly created debt notes were used to expand lending capacity, and promissory notes were added to the bank lending reserves as deposits. that means more than 100% value could be pure debt upon liquidation.
The reason is simple. The difference between rich and poor is just too great. The ordinary Chinese citizen has very little money. Even if the people have a little money, they have to use it for retirement savings, education, health insurance and rental expenses, since the comprehensive reform was adopted. Education, health insurance and rental expense are like three huge mountains that press down on the people. Moreover The CCP has forced the Chinese people into fear and poverty.
HQ: The Chinese regime has not only talked about this recently, but for several dozens of years. The Chinese economy is characterized by a strong dependence on foreign countries. The dependency factor is about 60 percent. Inland consumption supported by the Chinese economy is in the area of 30 percent. Given that, the expansion of the inland consumer market has been desired by the Chinese regime for years. Why didnt they accomplish that?
Rocksiphone, you have nailed it. America has the upper hand. The Chinese economy is already in Collapsed state, subsequently collapsing due to the Collapse of the Chinese Communist Party. America has no worry to default and cut trade with China. American Leaders should cut trade with the CCP and look after the health of the American Citizens and Human rights for the Chinese people.I would purposefully Default on the Debt and therefore accelerate the collapse of the Chinese Communist Party.
The US phony Consumer market will utterly collapse, and our economy will also go through a major restructuring, BUT the Chinese economic crisis has not been caused by the US. The Chinese economic crisis has been caused by the CCP alone.
"The cause for China's economic crisis arises from its economic structure and has little to do with the financial crisis in the United States," said He Qinglian, during the interview. The U.S. financial crisis is only responsible for reducing Chinese foreign exchange reserves, but in no way bears responsibility for the Chinese economic crisis. " --Economist He Qinglian does not believe that the U.S. financial crisis is the reason for China's economic crisis. The Chinese crisis is homegrown.
The travel plans and personal details of every holidaymaker, business traveller and day-tripper who leaves Britain are to be tracked by the Government, the Daily Telegraph can disclose.
w w w.t elegraph. c o . u k /news/uknews/4987415/All-travel-plans-to-be-tracked-by-Government. h t m l
IS THIS FREEDOM? An AGENDA is being accelerated, folks. Spread the news and have the facts to inform! The time is nigh.
Credit card companies are cutting people's limits below their outstanding balances without notification.
WHERE IS OUR REPRESENTATION!!!!!!
If you haven't had the credit limit cut on your credit card recently, count yourself lucky. Risk-averse card issuers are getting slash happy. And while many cardholders gripe that such cuts slice razor-close to their balance amounts, for an unfortunate few the cuts go far deeper: below what they currently owe.
Solvent insurance companies that avoided the CDS financial instruments are poaching AIG's talent a department at a time. The health of their business impacts bonuses and shareholder value. Stock awards represented a great deal of AIG employee compensation. Continued Government defibrillation of AIG's core business won't stave off the brain and talent drain that the firm is suffering. The good news is that a lot of their smaller competitors are snapping up the talent.
American International Group is set to pay $450 million of bonuses to employees of the unit that was largely responsible for the New York insurer's near collapse last fall.
The decision to pay bonuses elicited howls of protest in Washington, which has prevented the failure of AIG by providing the insurer with more than $173 billion in aid. The federal government now owns 80% of AIG
Why can't we stop these from occurring? According to Obama Economic Council Advisor Larry Summers,
"We are a country of law. There are contracts. The government cannot just abrogate contracts," he said in an interview Sunday on ABC's "This Week."
450 MILLION DOLLARS! Aig would be dead with out 180 BILLION DOLLARS OF TAXPAYER money and YET we can't terminate the contracts of the people who CAUSED AIG to go under!
Regarding future incentive payments Liddy told Geithner the company cannot retain its best employees if their compensation is subject to "continued and arbitrary adjustment by the U.S. Treasury." If AIG loses its best employees, he indicated, it would make it harder for the company to recover and help the government recoup its investment.
The best employees caused the US to be on the hook for 2 Tdollars of derivative contracts. Someone tell me this isn't happening.
if mark to market is dropped, the dow could easily rally another 1000-1500 points from here - this could be a game changer - there is still a lot of short term upside.
If we go to mark to magic marker it will undermine confidence immensely. Sure, it could be a temporary catalyst but ultimately counterparties on bad bets need to be paid.
generally, sitting in your mothers room commenting on the dow jones like its a soap opera is frowned apon.but judging by your mediocre physical appearance its just sad
You cannot spend your way to prosperity. Prosperity and economic growth is the result of investment which comes from savings which is a function of DEFERRED spending/consumption.
What we need is less spending and lower much lower taxes to allow the accumulation of capital.
No this will not produce the instant results that childish Americans demand but it is the only way.
Spending just gives the temporay illusion of prosperity before the bill comes due. Then CRASH!!!!
I was getting lectured at the weekend by my lil' brother that I'm full of "negative energy" and that the economy has turned around now and the worst is over blah-blah-blah, and how housing prices have dropped so now is the ideal time to be buying property coz our interest rates are lower now, ....
... guy just doesn't want to listen to reason.
Tells me I'm insane for physical metal investment and I'm tying up cash that could be "invested" *sigh*.
this upward climb in the Dow is nothing more that a final attempt to get the public to pump the last of their money into the system so it can be taken away. I do not see it lasting more than a couple of months and by June we will see the bottom fall out. 2009 will soon be known as "The Summer of Hell"
possible BOOMING INDUSTRIES if non-drug related industrial hemp were legal...
hemp homes/fiber board/hempcrete
hemp food/fuel
hemp paper
hemp biodegradable plastics(zelfo)
hemp textiles
research/advocate industrial hemp alongside medicinal cannabis for health liberty and economy! and ecology! research the commodities we are not taking advantage of economically
there are billions on sidelines, mostly people holding a cash position. when most people regain confidence in the market, it will surely rise. the main problem is, what's good on wall street is hardly good for everyday people. funny how everything revolves around making money, when the real problem is having a healthy place to live and survive. The job loss situation is the real problem, not the Dow. 401k's and Pensions rely on it, and beyond that, it's all greed and corruption
Vision Victory... All in all, what is to be, will be and we as people are powerless to stop what is comming. Try as we may. People must take this time to believe on Christ, turn from sin & repent, for what God has revealed to us in His Word of the N.W.O. will surley come to pass. I think what you are doing is a good deed, but don't you think as a fellow believer you would put effort into preaching the Word to save souls? PEOPLE: Believe on Christ, His Kingdom is eternal. God Bless all.
2cthetruth wrote; "All in all, what is to be, will be and we as people are powerless to stop what is coming."
Ok - you lay down on the tracks and die clutching your faith.
Frankly, I ain't going out like that, I ain't "going out" at all if it can be avoided and theres plenty of like minds about with both faith AND determination.
You have free will, your God gave it too you - USE IT.
Don't go listening to government programmed pastors or ministers, oh yes they're out there in droves.
Greetings from Sweden. Daniel, you are absolutely right in this video. This kind of short term thinking is a problem also here in Scandinavia. Many people goes nuts when the stock market is up 8-12 % during a few days - but the world economy is tanking anyway... a very childish way of thinking. Thanks for great videos!
you didn't reply the last time but im not gonna give you to much hell your smarter than me same ? what about a commercial collapse, ex chrysler prop. gm, these people own alot of land what happens if they start to default
socialism again - UN should be destroyed and then all those worms/snakes would be left without the nest. USA was threating to stop UN contributions but these were only words...
Check this out. It is Obama's chief of staff, Rahm Emanuel, telling an audience that if people show up on the terrorist no fly list, they will not be able to own a gun.
watch?v=uJBZZKlvrP4
That guy is a piece of shit.
Here is another clip of Rahm telling of the Obama's plan for mandatory civil service:
watch?v=DSVnNTZskPA
"Citizenship is not an entitlement program, it comes with responsibilities."
What are you talking about? Obama said he'd start removing forces on his first day in office. Did he? Absolutely not. In fact he says he may have the troops out of Iraq in 16 but he'd leave a residual force of 50 to 70k. Face it, the guy is a LIAR. In fact, if you haven't noticed 12k troops are now heading to Afghanistan and 30k are slated for departure with in 3 months. Have you checked the Military budget? He increased it by 4%!!
In addition Obama said he'd filibuster the fisa bill to stop telecom immunity. Did he? NO WAY. In fact he signed it! What about the Patriot act, an Orwellian term if I've ever heard one. It is still in place and guess what the govt. is still spying on Americans!
Agreed. I recently watched Real Time and it is perfectly clear that those models, right vs. left, are predicated upon certain assumptions that are just as fake as the debates.
The debates really need to be centered on the CONSTITUTION rather than on Limbaugh and Olbermann. Of course, if the debate were centered on the CONSTITUTION, we'd quickly realize that our LEADERS ARE GUILTY OF TREASON AND HIGH CRIMES. So, we shouldn't be expecting the TV to mention that beautiful document soon!
"We cannot continue to rely only on our military in order to achieve the national security objectives that we've set," he said Wednesday. "We've got to have a civilian national security force that's just as powerful, just as strong, just as well funded."
Open your eyes. Obama is setting the stage for compulsory civilian defense service. He wants it to be as large and well funded as the MILITARY. You need to wake up, pal. By any other name it is called a draft, but for stateside use? It is FASCIST! Finally, I'm not "crying about Obama". On the contrary, I'm simply trying to illustrate what policies that puppet is trying to pull off. Do you really support him NOW?
This is a legit question, speaking in macro terms, what happens when EURO nations start to default on their debt or parts of Eastern Europe implode later this year?
What really bothers me is that the Europeans get it and we don't. They want regulation to prevent pirate capitalism and Obama wants to feed more capital to the pirates.
I think he's knows how rotten the system is and it trying to change it without a total collapse. Or he buys into phony free markets.
If he buys into the phony free markets then were toast.
Now there is a difference between criminal (unregulated) capitalism and capitalism. And we have always hade socialim. The stock market is a form of socialism. Pool resources to produce. You can't run an advanced society without it. Otherwise you would have the few rich and the slaves that worked for them. You need a mix of socialism and capitalism otherwise were back to a war to rid ourselvs of the tyranical King of England/pirate capitalist.
The system determins the output. No words can change that paradigm. This system is corrupt to the core. There is no more right side of the trade. Because no more blood can be squeezed out of the middle class and poor you see now the rich feeding on the rich. The only way we get out of this is take drug war laws and apply it to financial thieves. Use regulation to make sure ponzi schemes are illegal and impossible to hide from regulation. Its not socialism it's criminal capitalism that caused it
mkdelta69 I agree with you. It is "criminal" capitalism that caused this but not capitalism in and of itself. One word sums it all up, GREED. The good book sums it up: "The love of money is the root of all evil"
Explaining the economy is one thing, explaining how the stock markets work is another. It doesn't help when the popular media are ALL trying to sucker John Q Public's money (what's left of it) into this bear market.
Of course, the idea that Boomers could all retire on the value of an over-inflated stock market has been the CON GAME of the past three decades. It never stops.
How the over-indebted young are now expected to carry this burden has been beyond me for years.
The market needs suckers to be on the other side of trades. .dont be irritated, a sucker will always be a sucker. you keep us on the right side of the trade
This Bear market has had a 10% rally then new lows the next week after. This 10% is the average upswing so it seems like its time to short and fade this rally. Watch Jon Stewart's video on CNBC as he points out how many bottoms they have called and been wrong about for the
last 7000 points. I can't watch CNBC because they just brainwash people to stay in the market and wait for the bottom.
They praise all of the CEOs they have on and sell the lies they tell them.
Good for you for being openly fiscally conservative. More Dems and Reps need to take this position. When is it ok to spend more than you will ever have unless you dont expect to survive? Its amazing how many people have sold their sole to socialism on a promise that their every need will be provided by the Gov. It can never happen and it never will. This rally is a bounce and if people study history they know this happened in the great depression too.
great chat, yah the Socialists are a huge threat. This rally was so expected.
Wow, No more Treasury bills being bought by China, I think means reving up the military complex in the US, they will have to to prevent Chinese invasion and extermination, especially on the west coast of the continent. Remember Socialist= Nazi, and the New Nazi's of our times may be the Chinese, besides the various muslim brotherhood groups, yah but the chinese will slaughter the whitey with the help of La Raza
BUY BUY BUY..... that trillion dollars is working...... Obama is the Best.......
OK here is the real world... OBama "Goverment" is spenting money Like a it is funny money. Our Dollar is going down down down ....... I just bought $200.00 of food at the grocey store and I got nothing. People please do not be fooled.
America is sitting on the a landmine of a situation with it's debt and China. China has always wanted Taiwan, and now they have the tool to get it, without firing a shot. All China has to do is stop buying our debt and dump dollars on the market. End of Game. That will make USA irrelvant on the world stage. As someone has suggested, our Gov't may have already gave Taiwan to them.
Hello brother, The US need to worry about China. Actually Once America cuts more trade from China or defaults on the debt, The Chinese Economy will certainly Collapse. The Fundamental jkey Everyone is that the Chinese Communist Party is on the utter verge of Total Collapse. This will be a great Salvation in the making for the American and Free World Democratic Heart.
The only thing standing in the way of Winning the Battle between good and evil is the CCP as i have told you all a long.
Im sorry, i meant America does not need to worry about the CCP. The CCP is direly worried that America will default. America has the UPPER Hand. I promise you. Only because the CCP is collapsing at a rate now, of over 51 Million Chinese quitting the CCP already. The CCP is being dismantled and the Chinese Economy is in Peril and will subsequently collapse as the CCP falls. The Chinese people need American Liberty. Taiwan wont fall to the CCP. Tibet is "Hell on Earth" now under the CCP.
We have not hit the 4-yr cycle low yet and until that happens any rallies will be bear rallies. If you know what you are doing you can make money but otherwise be very careful. The bottom is not in yet. It may not come in until 2010 or 2011. Be careful with being overweight in precious metals especially stocks. A much better entry point is coming.
Hey bro: What have you been reading? You should consider a vlog about reading material (books, websites, journals, etc.) - would be interesting/helpful to us!
The second crash in a Depression is always the worst one. Just when the prize fighter tries to get up, bam! another blow to the head!
Economies go hand and hand w/ war activity. Russia, is setting up outside of Cuba.(scarey) and there's some hostility as we all know between China's military and the US military. US gov. knows the Poni sceem is up. And China wants its money back.
It shouldnt surprise people that institutions and governments which are conceived and run by people who operate with 10% of their brains will be flawed and short lived and need to be rebuilt after improvements in technology and population growth. Americans need to trust their governments because revolutionary thinking is only going to bring about bigger and more powerful govt. Capitalism breeds isolationism, hoarding and greed and needs to be regulated with checks and balances
Right on.. Actually I'm glad amateurs are thinking the bottom has been set.. A guy told me that he bought SSO, AMZN and GS April calls at the end of the day and he said.. "I think I'm going to cash in around 160% on each.." Such thinking makes me even more bearish.. So sunday evening I'm building up a short position on the ES (S&P Futures)..
I feel your pain. I talk to relatives and they are so excited that the bottom has finally arrived. Wow, POTUS has really turned into the "great manipulator". I think he is genuine, in fact I like him, I just don't think he realizes what he is doing. Or maybe he does and he's a really good actor.
I think the DOW will continue to rally, but on false hope. When there is a rally because a bank like Citi announces profit after getting BILLIONS in welfare you know our system has failed.
You're a hypocrite! Why are you posting a comment to let people know what you think when you're criticizing someone else for caring what other people think. Didnt think that one thru did ya?
So V/V. Have you been shorting the market or buying puts over the last year? You should be filthy rich by now. Personally, I really wanted to but until things fell apart I just had not idea how much longer they could keep the market irrational. I feared it would be longer than I could stay liquid so I could not justify the risk.
I just want to let you know that you are one of the more credible sources in this whole scheme. Alex Jones and George 4 title are starting to rub me the wrong way. Keep doing your thing!!
VV and everyone else...you should all check out an Aussie trader that goes by the name " myspacesecrets" he is UNBELIEVABLE...He brings up graphs and calls it like no one I've ever seen. VV you're good, but Myspacesecrets is a freak...Please please pelase check him. I am NOT affiliated, I am just a fan and I have subsribed......He is BANG on every time
Tonfg......You see, that's the irony of it all!.... My name is in reference to people like you. Monkeys that sit behind their computer, dressed in a human suit, spewing sarcastic, useless comments out into cyber space..... The world is tired of reading useless, negative and sarcastic comments on youtube......My last comment was to help people ,not to attract pointless comments like yours, so get off Dad's computer and go and make your bed.
I see so you called yourself monkey to represent other youtube users....well that makes a lot of sense. Plugging myspacesecrets in this blog is rude, not helpful at all.
Mr Daniel, you are absolutely right. I agree... the bottom is still very far away...
But you can't know... The speculators are too strong. Hedge funds can turn the tide any time. And not to forget, the Plunge Protection Team... with their seemingly unlimited resources...
But in the long run, the markets will go down... We can see new problems on the horizon, and they will affect the markets...
I would agree with you about the PPT, but dissagree about the hedge funds. Every false rally further erodes investor confidence and decreases the funds available to hedge funds, mutual funds, 401ks, annuities, etc. People have seen the market cut in half in the last year with the talking heads calling a bottom every time we have a bear rally.
While many people might talk about jumping back in, I suspect that fewer and fewer actually do. That's why the rallies are not sustained IMO.
I've read stories of how hedge funds threatened entire countries in the past, they were responsible for the Japanese Mega Crash in 1989 and the Asian Tiger Crises in 1997.
Though they have less cash now... but they still instill fear in markets around the world...
Soveriegn funds, mutual, hedge, and pension funds,annuities all greatly influence the markets. Unfortunately they are motivated by their own business concerns or sometimes politics. rather than acting as an individual would. This adds an element of chaos to the market.
They do not hold management to account as an individual would and therefore create moral hazard by insulating management from shareholders.
Funds of all kinds have ruined the markets for individuals.
hey VV thanks for the vid! i was wondering if the internet is the only place to buy silver and gold.. i dont have a credit or debit card so can you go to a pawn shop or something? thanks
Its really going to be hard to find a physical store to sell you precious metals. Apmex will take a check but they want a credit card just in case you cancel your order. See if you can borrow one, they wont charge that card.
My assumption about Chinas motive for buying US Treasuries has been to prolong the awful US< China trade deficit.. To China, it has been a great investment to keep the US economy propped up as long as possible. We have been buying their cheap exports all of this time and now the party is coming to an end. Perhaps there is no more reason for them to invest in US Treasuries. I mean, if nobody is going to buy their cheap junk, where is the return on investment?
Just another thought - If I was paranoid I'd say that these up swings are *designed* to fleece the suckers that dump money in blindly. The middle class is getting it's clock cleaned.
But the stock market is called gambling for a reason - the house always wins in the long run. Let's start inventing Stock Market 2.0....
Don't let the intellectually blind get you down mate. We of like mind are listening and appreciate what you're doing.
When I read about the rally yesterday I just envisioned a market chart from the 30's. There were tremendous up/down swings like this (and even bigger) as the overall trend spiraled into the toilet.
indeed this tremendous volatility is what's wrong with the stock market. Stock Market 2.0 when invented SHOULD be much more boring (and safe) by design.
My broker mentioned Mark-to-Market to me this week, perhaps over my head at the previous moment - my concentration is my business & it's sales. Could I actually get a broker that will keep me informed AND not expect me to become a broker also.... gonna have to hire an assistant just to oversee my broker and dot dot dot
Congress will force regulators to relax the much criticised mark-to-market accounting rule if they fail to take action themselves, Barney Frank, the chairman of the House financial services committee, on Thursday warned.
Mr Frank told representatives of the Financial Accounting Standards Board and the SEC that they had to act quickly to revise the rule. We do have to have you move now said Mr Frank. You are the FASB. In this one you cant be the slow-B.
"There seems to be a clamoring for changing mark-to-market rules that seems to come largely from institutions that may be insolvent," Rep. Alan Grayson (D-Fla.) said to Herz at a meeting of the Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises.
Before Banks Collapsed, They Pleaded With Feds To Let Them Fudge Their Books
Before financial institutions have collapsed over the past several months, they have come to the Financial Accounting Standards Board, pleading for a change in mark-to-market accounting rules so that they can continue to appear to be solvent on their balance sheets.
When I want to go fishing, I usually throw on some bait to attract the fishies. It's no different in Wall Street and they use CNBC to chum. When it comes time to catch the fishies, they use nets and not poles because they're scum and have no ethics. It's called pump and dump you fools. I am utterly amazed that supposed smart people continue to be complete zombies. There comes a point in time when I say screw it...they deserve what they get. It's called HOPELESS OPTIMISM.
Ummm. You say that people shoudn't focus on day to day market moves, but yet you make videos everytime the market goes up? huh? what? So only you are allowed to make comments on day to day moves and we are not? I am totally confused now..this is just splendid.
I'm wondering if China's being vocal about their doubts about US treasuries is just a form of sabre rattling. With the flap about the clash with the spy ship, it's another way they can remind us who has who by the short hairs.
yes you are right. However, it wont be much longer before the chinese no longer see us as essential to priming their economic pump. their internal economy is screaming. the chinese,like the rest of the world, see us as more and more of a banana republic risk. it's only a matter of time before the bottom completely falls out, all that needs to be done is for foreign countries simply to stop buying our crap dollar debt.
Critics say the financial sector is holding the economy hostage
WASHINGTON (MarketWatch) -- The world's largest financial institutions urged the G20 financial leaders on Friday to endorse the "bad bank" approach to dealing with the credit crisis, an expensive model one expert likened to another ransom note.
Under this approach, governments would buy toxic assets from banks at a price higher than the prevailing market rates.
I'm experiencing the same source frustration. So far as I can tell, there are two reasons some folks vacillate between an apparent understanding to optimism, or between a state of denial, and acceptance. A.) They shake their head in agreement, yet truly do not understand the fundamentals. B.) Their thinking is generally clouded with emotions. They fear the future as it's challenges seem insurmountable, fear the loss of their self image,status and possessions, the loss of hopes and dreams.
I've seen this reaction in family members whom I know have IQ's in the top 5%, are college educated and successful in business. It is as if they've been told they have cancer. On some days they are proactive and take measures to overcome the illness. On other days they will tell you that the doctor is wrong, and they do not have cancer. This is very unfortunate, because their health and future is further jeopardized. Should they embrace the threat, they might beat the odds and live happily.
Intelligent humans are, in the end, still human. They want to believe in the best possible outcome and turn a blind eye to negative developments. We all *want* to believe things will get better, that the cancer isn't as bad as it seems or is really something much more benign that will go away. I've become convinced that the only way to understand what's going on is to be a misfit, someone who's not comfortable in this society. With 1 foot out looking in, it's easier to see it for what it is.
We could be 'misfits', yet we are perhaps simply abnormal. We may tend to live from within ourselves are not as easily distracted by the trappings and distractions. Few these days have the time or the opportunity, and fewer still have the inclination to think and examine. One should thank their 'lucky stars' that they have been blessed with the chance to learn and prepare. We are not necessarily wiser or smarter, but have discovered, and are brave enough to face the future.
There's alot of double talk going on right now. I hear one thing today, wake up and hear something different. I don't know if I'm coming or going. Thanks for keeping me some what grounded. July 4 1776 - Oct. 3 2007.
I saw a video about what happened in the Soviet Union. They had ridiculous inflation rates, in one month the rate was over 1,000% annually. So, they all got paid in rubles and as fast as their feet could carry them, they converted to dollars. The dollar was stable then. Since this is a worldwide depression coming up, metals are the only stable currency I see to convert to now. All else is fiat, even the yuan.
I agree, ewffaces. Really, talking about the market going up or down is useless. We should talk about the people behind the scenes that make it go up or down. The people that told congress their would be martial law and a 3000 point drop in the daw if they didn't pass the bailout bill. Our country is being held hostage by wall street bankers.
mrgordylks, if you take a look at the "Statistics & Data" tab you'll see that the video is actually doing quite well. YouTube doesn't update the view counts as often as some folks would like them to... It will eventually catch up.
:) Hi Norm - Things are good here. Proof that prep does work. Tis lambing season again...! Absolutely love this time of year, proves there is eventual renewal in the works for the world... I hope we do it right this time.
Socialist are totalitarians nothing else, every nation that tried socialism failed from the Roman empire to the soviet Union and the Chinese are slowing reversing the course and they are slow but hopefully they will succeed
dynomyght 1 year ago
The largest social programs are for corporations. That plays havoc with the laws of supply and demand. Nobody knows what the markets are any more due to Uncle Sam's tampering.
anoniab 2 years ago
This is spot on.
mgt12041976 2 years ago
Huge rally guys. All the talking heads are declaring good times ahead.
Stan1208 2 years ago
here u brother , the sheeple are easily manipulated , not buying the rally for a second
sugmad72 2 years ago
This comment has received too many negative votes show
Listen ... here is your 10 cents for my comment and video view. Now do me a favor, stop being so pessimistic.
The economy is in trouble. We know that.
The government made the wrong move by printing money. Inflation. We know that.
$1 Trilllion / 300 mill (us pop) = $3,000 per citizen inflation
We can get through that, and that is assuming Obamas money provides no growth , which it will.
We are not going to collapse.
cchandler2423 2 years ago
your figure is wrong buddy.
12 trillion is more like it!!!!!
Piramide555 2 years ago
Now add our 57 Trillion from Social Security and Medicare. Don't forget our wonderful fiat currency the POS dollar!!! You cannot compare today to the 30's. That is a fools mistake.
CombineEmpire 2 years ago 3
LOLOL, yep....and in the 30's people didnt have credit cards. cchandler2423 must know something about economics that Ron Paul doesnt.
KingDrudge 2 years ago
This world is passing away! I know you went to the Tax Revolt in Sacramento. May I issue a warning to you and advise you to be very very careful. For review because you are a Christian, look at Gal. 5, specifically v.19. then 1 John 2:15-28. Blessings on the new baby. You're going to be a great dad so long as you keep God first in your life, you're wife second, your children and then everything else after!
mijadedios 2 years ago
But its up now 2 DAYS IN A ROW!!! ;-)
TadRapidly 2 years ago
All the people that think America no longer manufactures anything need to wake up. You have cornered the market in the number one business on the planet. The arms trade.
America is also in control of the second largest business on the planet. The illegal drug trade, South American coke and Afghani heroin
The military industrial complex is also in control of Fakery TV - All Lies All The Time - on the Tell Lie Vision. They control what you see, here, think & believe. You belong to their cults.
SlaveStorm 2 years ago 5
Yeah, people have to understand that the stock market is not the best indicator of wether the economy is doing well or not, too many things effect the DOW to rely on it as a gauge to go by. The only thing that we need to know is that we have a consumer driven economy and we don't make things anymore. As Peter Schiff says you can't borrow and spend your way to prosperity, wealth comes from manufacturing goods and savings. We don't do those things and that is why we are doomed! FORGET the DOW.
oldbill67 2 years ago
mitchrix31 - where is your channel? What do u have to say? The market HAS collapsed by Feb 09 - so wake up! I soppose sarcism is the lowest form of wit and watching TV has turned people to nasty mocking trolls. Turn off the TV - its propaganda.
mulder9814 2 years ago
Yeah you said the market would collapse DEFINATELY by Febuary so you are WRONG WRONG WRONG and people shouldnt listen to you.
mitchrix31 2 years ago
the mud..
Isawanangel1X 2 years ago
If wealth really could be produced by the printing press, there would be no poverty at all. We would all be rich.
shizont 2 years ago
Is the DOW Jones Industrial average true value less than zero? Consider how the banks have operated for the past several decades. Money has been created by debt; i.e. promises to pay. borrowed money was not removed from the banks existing assets, but was created by digital entry; The newly created debt notes were used to expand lending capacity, and promissory notes were added to the bank lending reserves as deposits. that means more than 100% value could be pure debt upon liquidation.
psbyowner 2 years ago
The reason is simple. The difference between rich and poor is just too great. The ordinary Chinese citizen has very little money. Even if the people have a little money, they have to use it for retirement savings, education, health insurance and rental expenses, since the comprehensive reform was adopted. Education, health insurance and rental expense are like three huge mountains that press down on the people. Moreover The CCP has forced the Chinese people into fear and poverty.
mitchee009 2 years ago
HQ: The Chinese regime has not only talked about this recently, but for several dozens of years. The Chinese economy is characterized by a strong dependence on foreign countries. The dependency factor is about 60 percent. Inland consumption supported by the Chinese economy is in the area of 30 percent. Given that, the expansion of the inland consumer market has been desired by the Chinese regime for years. Why didnt they accomplish that?
mitchee009 2 years ago
Bernanke, the successor of Greenspan, together two men who DID NOT SEE the economic collapse coming, now says that it will end late in 09'!!!
Fact: Most peoples money goes to TAXES, INTEREST, AND INFLATION.
coultrane 2 years ago
Don't be fooled thinking China will do ok on their own, China will sart to collapse next year
rocksiphone 2 years ago
Rocksiphone, you have nailed it. America has the upper hand. The Chinese economy is already in Collapsed state, subsequently collapsing due to the Collapse of the Chinese Communist Party. America has no worry to default and cut trade with China. American Leaders should cut trade with the CCP and look after the health of the American Citizens and Human rights for the Chinese people.I would purposefully Default on the Debt and therefore accelerate the collapse of the Chinese Communist Party.
mitchee009 2 years ago
The US phony Consumer market will utterly collapse, and our economy will also go through a major restructuring, BUT the Chinese economic crisis has not been caused by the US. The Chinese economic crisis has been caused by the CCP alone.
mitchee009 2 years ago
"The cause for China's economic crisis arises from its economic structure and has little to do with the financial crisis in the United States," said He Qinglian, during the interview. The U.S. financial crisis is only responsible for reducing Chinese foreign exchange reserves, but in no way bears responsibility for the Chinese economic crisis. " --Economist He Qinglian does not believe that the U.S. financial crisis is the reason for China's economic crisis. The Chinese crisis is homegrown.
mitchee009 2 years ago
Thanks for the info mitch
rocksiphone 2 years ago
I was very tired on Friday, but I just got some much need R&R. Went to Vegas and just relaxed and stuffed myself with tasty food ;)
visionvictory 2 years ago
Don't feel bad Danny. These same people who invest in the market leave the doctors office thinking innuendo is Latin for Preparation H.
ghosty426 2 years ago
people forget it was at 14000 a year ago
thelumberjackjohn 2 years ago
All travel plans to be tracked by Government
The travel plans and personal details of every holidaymaker, business traveller and day-tripper who leaves Britain are to be tracked by the Government, the Daily Telegraph can disclose.
w w w.t elegraph. c o . u k /news/uknews/4987415/All-travel-plans-to-be-tracked-by-Government. h t m l
IS THIS FREEDOM? An AGENDA is being accelerated, folks. Spread the news and have the facts to inform! The time is nigh.
coultrane 2 years ago
Credit card companies are cutting people's limits below their outstanding balances without notification.
WHERE IS OUR REPRESENTATION!!!!!!
If you haven't had the credit limit cut on your credit card recently, count yourself lucky. Risk-averse card issuers are getting slash happy. And while many cardholders gripe that such cuts slice razor-close to their balance amounts, for an unfortunate few the cuts go far deeper: below what they currently owe.
coultrane 2 years ago
Solvent insurance companies that avoided the CDS financial instruments are poaching AIG's talent a department at a time. The health of their business impacts bonuses and shareholder value. Stock awards represented a great deal of AIG employee compensation. Continued Government defibrillation of AIG's core business won't stave off the brain and talent drain that the firm is suffering. The good news is that a lot of their smaller competitors are snapping up the talent.
RICIN75 2 years ago
MUST SEE VIDEO
Greenspan Admits The Federal Reserve Is Above The Law & Answers To No One
This is an interview with Jim Lehrer interviews Alan Greenspan regarding the relationship between the US govt and the Federal Reserve.
watch?v=ol3mEe8TH7w&feature=related
coultrane 2 years ago
American International Group is set to pay $450 million of bonuses to employees of the unit that was largely responsible for the New York insurer's near collapse last fall.
The decision to pay bonuses elicited howls of protest in Washington, which has prevented the failure of AIG by providing the insurer with more than $173 billion in aid. The federal government now owns 80% of AIG
coultrane 2 years ago
Why can't we stop these from occurring? According to Obama Economic Council Advisor Larry Summers,
"We are a country of law. There are contracts. The government cannot just abrogate contracts," he said in an interview Sunday on ABC's "This Week."
450 MILLION DOLLARS! Aig would be dead with out 180 BILLION DOLLARS OF TAXPAYER money and YET we can't terminate the contracts of the people who CAUSED AIG to go under!
coultrane 2 years ago
AIG' response:
Regarding future incentive payments Liddy told Geithner the company cannot retain its best employees if their compensation is subject to "continued and arbitrary adjustment by the U.S. Treasury." If AIG loses its best employees, he indicated, it would make it harder for the company to recover and help the government recoup its investment.
The best employees caused the US to be on the hook for 2 Tdollars of derivative contracts. Someone tell me this isn't happening.
coultrane 2 years ago
if mark to market is dropped, the dow could easily rally another 1000-1500 points from here - this could be a game changer - there is still a lot of short term upside.
florgat91 2 years ago
If we go to mark to magic marker it will undermine confidence immensely. Sure, it could be a temporary catalyst but ultimately counterparties on bad bets need to be paid.
coultrane 2 years ago
generally, sitting in your mothers room commenting on the dow jones like its a soap opera is frowned apon.but judging by your mediocre physical appearance its just sad
Murphy4709 2 years ago
The Dow rallied on a leaked internal memo, and not on real facts! This is a bear market rally!
lizadfuel 2 years ago
bear rally.. duh..
steelbrand 2 years ago
not to worry, money fixes all according to the scientologists and spy universities invading us online!
nsaretard 2 years ago
there has not been an economy for a 100 years.
MihiLibertas 2 years ago
What a moniker!! ROFLMAO... Also, physical silver is relatively cheap at present...
sizzlot 2 years ago
You cannot spend your way to prosperity. Prosperity and economic growth is the result of investment which comes from savings which is a function of DEFERRED spending/consumption.
What we need is less spending and lower much lower taxes to allow the accumulation of capital.
No this will not produce the instant results that childish Americans demand but it is the only way.
Spending just gives the temporay illusion of prosperity before the bill comes due. Then CRASH!!!!
carcabe 2 years ago
come on people, get over it, everything's gonna be cool man
faszika 2 years ago
Dow ralles either 1,2,3 days in the last 14 months and once it rallied for 3 weeks at xmas.
keithholden 2 years ago
God tell me about it.
I was getting lectured at the weekend by my lil' brother that I'm full of "negative energy" and that the economy has turned around now and the worst is over blah-blah-blah, and how housing prices have dropped so now is the ideal time to be buying property coz our interest rates are lower now, ....
... guy just doesn't want to listen to reason.
Tells me I'm insane for physical metal investment and I'm tying up cash that could be "invested" *sigh*.
LemmingHerda 2 years ago
this upward climb in the Dow is nothing more that a final attempt to get the public to pump the last of their money into the system so it can be taken away. I do not see it lasting more than a couple of months and by June we will see the bottom fall out. 2009 will soon be known as "The Summer of Hell"
allmostout 2 years ago
remember INDUSTRIAL HEMP
industrialhemprocks 2 years ago
This has been flagged as spam show
legalize VS legal lies
possible BOOMING INDUSTRIES if non-drug related industrial hemp were legal...
hemp homes/fiber board/hempcrete
hemp food/fuel
hemp paper
hemp biodegradable plastics(zelfo)
hemp textiles
research/advocate industrial hemp alongside medicinal cannabis for health liberty and economy! and ecology! research the commodities we are not taking advantage of economically
industrialhemprocks 2 years ago
there are billions on sidelines, mostly people holding a cash position. when most people regain confidence in the market, it will surely rise. the main problem is, what's good on wall street is hardly good for everyday people. funny how everything revolves around making money, when the real problem is having a healthy place to live and survive. The job loss situation is the real problem, not the Dow. 401k's and Pensions rely on it, and beyond that, it's all greed and corruption
dozerking 2 years ago
right on Dozer.
The markets will do what they want, Not what you think they should do.
Astrocreep69 2 years ago
Vision Victory... All in all, what is to be, will be and we as people are powerless to stop what is comming. Try as we may. People must take this time to believe on Christ, turn from sin & repent, for what God has revealed to us in His Word of the N.W.O. will surley come to pass. I think what you are doing is a good deed, but don't you think as a fellow believer you would put effort into preaching the Word to save souls? PEOPLE: Believe on Christ, His Kingdom is eternal. God Bless all.
2cthetruth 2 years ago
2cthetruth wrote; "All in all, what is to be, will be and we as people are powerless to stop what is coming."
Ok - you lay down on the tracks and die clutching your faith.
Frankly, I ain't going out like that, I ain't "going out" at all if it can be avoided and theres plenty of like minds about with both faith AND determination.
You have free will, your God gave it too you - USE IT.
Don't go listening to government programmed pastors or ministers, oh yes they're out there in droves.
LemmingHerda 2 years ago
This has been flagged as spam show
You want to see communism up close folks read this w w w . job corps . gov their symbol is a shield with and arrow pointing up a ladder.
StoneWallD 2 years ago
the market is a 'voting machine in the short term and a weighing machine in the long term'. ...
TGSIII 2 years ago
Greetings from Sweden. Daniel, you are absolutely right in this video. This kind of short term thinking is a problem also here in Scandinavia. Many people goes nuts when the stock market is up 8-12 % during a few days - but the world economy is tanking anyway... a very childish way of thinking. Thanks for great videos!
robert4you 2 years ago
you didn't reply the last time but im not gonna give you to much hell your smarter than me same ? what about a commercial collapse, ex chrysler prop. gm, these people own alot of land what happens if they start to default
psonit 2 years ago
Both Jim Rogers and Gerald Celente said there will be a rally coming up....They both also said it will be short lived. Prepare now! Thanks VV!
SilverWealth23 2 years ago 2
So did marc faber he thinks it will last till sometime in april
prepare2008 2 years ago
Fascinating video. I highly recommend it!
It is about how the IMF WORLD BANK are trying to ban nutritional supplements, herbs, and vitamins.
I know it isn't directly related to the topic at hand, but given today's political environment it is IMPORTANT, nonetheless.
video. google .c o m/videoplay?docid=-5266884912495233634
coultrane 2 years ago 2
Coultrane, I always appreciate your comments my friend. You are a scholar and a Gentleman.
mitchee009 2 years ago
Thanks mitchee, and likewise.
coultrane 2 years ago
socialism again - UN should be destroyed and then all those worms/snakes would be left without the nest. USA was threating to stop UN contributions but these were only words...
grraadd 2 years ago 3
It must be frustrating to say, "dumbass...why do I have to repeat myself again?!!!!" Especially when most people are idiots...sad but true....
Wivanunu 2 years ago
Check this out. It is Obama's chief of staff, Rahm Emanuel, telling an audience that if people show up on the terrorist no fly list, they will not be able to own a gun.
watch?v=uJBZZKlvrP4
That guy is a piece of shit.
Here is another clip of Rahm telling of the Obama's plan for mandatory civil service:
watch?v=DSVnNTZskPA
"Citizenship is not an entitlement program, it comes with responsibilities."
Yeah, like setting up a FASCIST STATE!
coultrane 2 years ago 2
Genius we just left a fascist state. Sucking up resources to fund a bloated army to make war on the world
Thats Bush, PNAC and the Neoconjobs and many of the Group Of Pigs.
Not patriots just pigs
mkdelta69 2 years ago
What are you talking about? Obama said he'd start removing forces on his first day in office. Did he? Absolutely not. In fact he says he may have the troops out of Iraq in 16 but he'd leave a residual force of 50 to 70k. Face it, the guy is a LIAR. In fact, if you haven't noticed 12k troops are now heading to Afghanistan and 30k are slated for departure with in 3 months. Have you checked the Military budget? He increased it by 4%!!
Do a little research!
coultrane 2 years ago
In addition Obama said he'd filibuster the fisa bill to stop telecom immunity. Did he? NO WAY. In fact he signed it! What about the Patriot act, an Orwellian term if I've ever heard one. It is still in place and guess what the govt. is still spying on Americans!
coultrane 2 years ago
When you have bought into the MSM's Left vs. Right distraction... YOU are the REAL Sucker!
Astrocreep69 2 years ago
Agreed. I recently watched Real Time and it is perfectly clear that those models, right vs. left, are predicated upon certain assumptions that are just as fake as the debates.
The debates really need to be centered on the CONSTITUTION rather than on Limbaugh and Olbermann. Of course, if the debate were centered on the CONSTITUTION, we'd quickly realize that our LEADERS ARE GUILTY OF TREASON AND HIGH CRIMES. So, we shouldn't be expecting the TV to mention that beautiful document soon!
coultrane 2 years ago
It is another suckers rally. Well stated vision. Keep it up. Thanks mate.
PlatinumGordon 2 years ago
Hey Obama Zombies, how do you like this quote:
coultrane 2 years ago 3
"We cannot continue to rely only on our military in order to achieve the national security objectives that we've set," he said Wednesday. "We've got to have a civilian national security force that's just as powerful, just as strong, just as well funded."
Barack Obama
FASCIST
coultrane 2 years ago 2
Genius a few people own the world and you cry about Obama like a spoiled rotten immature child.
mkdelta69 2 years ago
Open your eyes. Obama is setting the stage for compulsory civilian defense service. He wants it to be as large and well funded as the MILITARY. You need to wake up, pal. By any other name it is called a draft, but for stateside use? It is FASCIST! Finally, I'm not "crying about Obama". On the contrary, I'm simply trying to illustrate what policies that puppet is trying to pull off. Do you really support him NOW?
coultrane 2 years ago
vision victory why is the dollar going up?
buhshyruh25 2 years ago
This is a legit question, speaking in macro terms, what happens when EURO nations start to default on their debt or parts of Eastern Europe implode later this year?
Astrocreep69 2 years ago
What really bothers me is that the Europeans get it and we don't. They want regulation to prevent pirate capitalism and Obama wants to feed more capital to the pirates.
I think he's knows how rotten the system is and it trying to change it without a total collapse. Or he buys into phony free markets.
If he buys into the phony free markets then were toast.
mkdelta69 2 years ago
Now there is a difference between criminal (unregulated) capitalism and capitalism. And we have always hade socialim. The stock market is a form of socialism. Pool resources to produce. You can't run an advanced society without it. Otherwise you would have the few rich and the slaves that worked for them. You need a mix of socialism and capitalism otherwise were back to a war to rid ourselvs of the tyranical King of England/pirate capitalist.
mkdelta69 2 years ago
The system determins the output. No words can change that paradigm. This system is corrupt to the core. There is no more right side of the trade. Because no more blood can be squeezed out of the middle class and poor you see now the rich feeding on the rich. The only way we get out of this is take drug war laws and apply it to financial thieves. Use regulation to make sure ponzi schemes are illegal and impossible to hide from regulation. Its not socialism it's criminal capitalism that caused it
mkdelta69 2 years ago
mkdelta69 I agree with you. It is "criminal" capitalism that caused this but not capitalism in and of itself. One word sums it all up, GREED. The good book sums it up: "The love of money is the root of all evil"
manofreedom 2 years ago
I agree.
pauline404 2 years ago
Explaining the economy is one thing, explaining how the stock markets work is another. It doesn't help when the popular media are ALL trying to sucker John Q Public's money (what's left of it) into this bear market.
Of course, the idea that Boomers could all retire on the value of an over-inflated stock market has been the CON GAME of the past three decades. It never stops.
How the over-indebted young are now expected to carry this burden has been beyond me for years.
eighteenin78 2 years ago
The market needs suckers to be on the other side of trades. .dont be irritated, a sucker will always be a sucker. you keep us on the right side of the trade
Ubreako 2 years ago
Its all manipulted - Market rallys on meaningless news? Uptick rule, Citi "profitable" for one month? POssibly a new Mark to Maket rule - crazy.
jdl1881 2 years ago
This Bear market has had a 10% rally then new lows the next week after. This 10% is the average upswing so it seems like its time to short and fade this rally. Watch Jon Stewart's video on CNBC as he points out how many bottoms they have called and been wrong about for the
last 7000 points. I can't watch CNBC because they just brainwash people to stay in the market and wait for the bottom.
They praise all of the CEOs they have on and sell the lies they tell them.
Good video 5 stars !
pinkcheesegreengh0st 2 years ago
Good for you for being openly fiscally conservative. More Dems and Reps need to take this position. When is it ok to spend more than you will ever have unless you dont expect to survive? Its amazing how many people have sold their sole to socialism on a promise that their every need will be provided by the Gov. It can never happen and it never will. This rally is a bounce and if people study history they know this happened in the great depression too.
Bassmarko 2 years ago
This has been flagged as spam show
the only reason why CEOof CITI and Bof A
announced a bull coment is that, the gov't
must rally the market in order to take the
initiative at coming G-20 meeting.
shinki32 2 years ago
the only reason why CEOof CITI and Bof A
announced a bull coment is that, the gov't
must rally the market in order to take the
initiative at coming G-20 meeting.
shinki32 2 years ago
suckers bounce, get in & get fleeced...again
PestControl02 2 years ago
great chat, yah the Socialists are a huge threat. This rally was so expected.
Wow, No more Treasury bills being bought by China, I think means reving up the military complex in the US, they will have to to prevent Chinese invasion and extermination, especially on the west coast of the continent. Remember Socialist= Nazi, and the New Nazi's of our times may be the Chinese, besides the various muslim brotherhood groups, yah but the chinese will slaughter the whitey with the help of La Raza
Thunderwavia 2 years ago
They trying to jack oil back up. We can't have oil this cheap.
nambypamby34 2 years ago
good work!!! exactly right.
thank you, Daniel
AwakenSafely 2 years ago
So true brother! So true!
Keep on keeping on. You and other have inspired me to start doing some videos for the Canadian look.
overlordsshadow 2 years ago
It's a DEad cat Bounce phenomenom
BiohazardDarknoob 2 years ago 2
BUY BUY BUY..... that trillion dollars is working...... Obama is the Best.......
OK here is the real world... OBama "Goverment" is spenting money Like a it is funny money. Our Dollar is going down down down ....... I just bought $200.00 of food at the grocey store and I got nothing. People please do not be fooled.
Good video
youratm 2 years ago 2
I quite agree with you, in that buying gold/silver, is not a short term investment.
We are putting our money on, what we are SURE the score will be at the END of the game. Not after one, two or even three quarters.
When people have done their due diligence/research, they KNOW investing in precious metals is an absolute NO BRAINER.
Especially when one understands the current state of our economies, combined with the state of our deteriorating FIAT currencies.
Me being from England.
NowisEvollovetion 2 years ago
Hey Big Bro.!
America is sitting on the a landmine of a situation with it's debt and China. China has always wanted Taiwan, and now they have the tool to get it, without firing a shot. All China has to do is stop buying our debt and dump dollars on the market. End of Game. That will make USA irrelvant on the world stage. As someone has suggested, our Gov't may have already gave Taiwan to them.
rlmccullough 2 years ago 2
Hello brother, The US need to worry about China. Actually Once America cuts more trade from China or defaults on the debt, The Chinese Economy will certainly Collapse. The Fundamental jkey Everyone is that the Chinese Communist Party is on the utter verge of Total Collapse. This will be a great Salvation in the making for the American and Free World Democratic Heart.
The only thing standing in the way of Winning the Battle between good and evil is the CCP as i have told you all a long.
mitchee009 2 years ago
Im sorry, i meant America does not need to worry about the CCP. The CCP is direly worried that America will default. America has the UPPER Hand. I promise you. Only because the CCP is collapsing at a rate now, of over 51 Million Chinese quitting the CCP already. The CCP is being dismantled and the Chinese Economy is in Peril and will subsequently collapse as the CCP falls. The Chinese people need American Liberty. Taiwan wont fall to the CCP. Tibet is "Hell on Earth" now under the CCP.
mitchee009 2 years ago
We have not hit the 4-yr cycle low yet and until that happens any rallies will be bear rallies. If you know what you are doing you can make money but otherwise be very careful. The bottom is not in yet. It may not come in until 2010 or 2011. Be careful with being overweight in precious metals especially stocks. A much better entry point is coming.
taineasy 2 years ago
Agreed.... fundamentally the economy is still broken.. the dow jones is propped up by traders making a quick buck..
it's not an indicator of a solid increase in the economy
montyloree 2 years ago
Daniel! I finally cashed in my treasury notes and bought silver eagles about a week ago! Procrastinated long enough I guess!
hermbilliamherm18 2 years ago
U right on tha money Daneil. Keep up the good work.
tonapah141 2 years ago
Hey bro: What have you been reading? You should consider a vlog about reading material (books, websites, journals, etc.) - would be interesting/helpful to us!
mooseythejuiceman 2 years ago
I just heard a good name for that plastic freak pelosi. "Air Pelosi" Haha.
jonnysport89 2 years ago
The second crash in a Depression is always the worst one. Just when the prize fighter tries to get up, bam! another blow to the head!
Economies go hand and hand w/ war activity. Russia, is setting up outside of Cuba.(scarey) and there's some hostility as we all know between China's military and the US military. US gov. knows the Poni sceem is up. And China wants its money back.
jonnysport89 2 years ago
It shouldnt surprise people that institutions and governments which are conceived and run by people who operate with 10% of their brains will be flawed and short lived and need to be rebuilt after improvements in technology and population growth. Americans need to trust their governments because revolutionary thinking is only going to bring about bigger and more powerful govt. Capitalism breeds isolationism, hoarding and greed and needs to be regulated with checks and balances
Spurgeon123 2 years ago
God save the Queen!
mooseythejuiceman 2 years ago
Right on.. Actually I'm glad amateurs are thinking the bottom has been set.. A guy told me that he bought SSO, AMZN and GS April calls at the end of the day and he said.. "I think I'm going to cash in around 160% on each.." Such thinking makes me even more bearish.. So sunday evening I'm building up a short position on the ES (S&P Futures)..
prince0427 2 years ago
Btw. AMZN has been up over 110% or something since Nov. lows.. I think in the next leg down, Techs are going to lead the way..
prince0427 2 years ago
I feel your pain. I talk to relatives and they are so excited that the bottom has finally arrived. Wow, POTUS has really turned into the "great manipulator". I think he is genuine, in fact I like him, I just don't think he realizes what he is doing. Or maybe he does and he's a really good actor.
I think the DOW will continue to rally, but on false hope. When there is a rally because a bank like Citi announces profit after getting BILLIONS in welfare you know our system has failed.
aw3212 2 years ago
Trying to stimulate our mind to think the economy is getting better and everything will be ok, NOT!
szzlrfrank2003 2 years ago
Fools rally!
actop19 2 years ago
Well Done!
aiyic 2 years ago
The media will do anything to make it look like its a bull market again
r3dredwine 2 years ago 2
i appreciate what you're doing Daniel,
thanks for all the info
profesas 2 years ago
Look at how many times the Nasdaq had massive rallies from it's peak to it's bottom in 2000.
Forget about the uptick rule saving the market. Shorting is irrelevant as long as more people want to sell than buy.
lostprophet912 2 years ago 2
why do you care what others think? I find it interesting that most people have the need for others to agree or follow them in their thinking.
cerberus662 2 years ago
You're a hypocrite! Why are you posting a comment to let people know what you think when you're criticizing someone else for caring what other people think. Didnt think that one thru did ya?
in4mayshun 2 years ago
who said i was criticizing you twat.....learn to read before you post dumbass.
cerberus662 2 years ago
So V/V. Have you been shorting the market or buying puts over the last year? You should be filthy rich by now. Personally, I really wanted to but until things fell apart I just had not idea how much longer they could keep the market irrational. I feared it would be longer than I could stay liquid so I could not justify the risk.
heydanno777 2 years ago
I just want to let you know that you are one of the more credible sources in this whole scheme. Alex Jones and George 4 title are starting to rub me the wrong way. Keep doing your thing!!
reserectcc 2 years ago
Yea people just forgot how pissed they were at the thought of paying for somebody elses house when they can hardly pay for there own!!!!!!!!!!!!!!!!!!
I guess that 26 bucks a week they got on their tax cuwas worth it. WE ARE DOOMED
limitedplay 2 years ago
VV and everyone else...you should all check out an Aussie trader that goes by the name " myspacesecrets" he is UNBELIEVABLE...He brings up graphs and calls it like no one I've ever seen. VV you're good, but Myspacesecrets is a freak...Please please pelase check him. I am NOT affiliated, I am just a fan and I have subsribed......He is BANG on every time
MonkeyInAHumanSuit 2 years ago
myspacesecrets huh? how apt that your name should start with the word 'monkey'...
tonjg 2 years ago
Tonfg......You see, that's the irony of it all!.... My name is in reference to people like you. Monkeys that sit behind their computer, dressed in a human suit, spewing sarcastic, useless comments out into cyber space..... The world is tired of reading useless, negative and sarcastic comments on youtube......My last comment was to help people ,not to attract pointless comments like yours, so get off Dad's computer and go and make your bed.
MonkeyInAHumanSuit 2 years ago
I see so you called yourself monkey to represent other youtube users....well that makes a lot of sense. Plugging myspacesecrets in this blog is rude, not helpful at all.
tonjg 2 years ago
Mr Daniel, you are absolutely right. I agree... the bottom is still very far away...
But you can't know... The speculators are too strong. Hedge funds can turn the tide any time. And not to forget, the Plunge Protection Team... with their seemingly unlimited resources...
But in the long run, the markets will go down... We can see new problems on the horizon, and they will affect the markets...
gauharjk 2 years ago
gauharjk,
I would agree with you about the PPT, but dissagree about the hedge funds. Every false rally further erodes investor confidence and decreases the funds available to hedge funds, mutual funds, 401ks, annuities, etc. People have seen the market cut in half in the last year with the talking heads calling a bottom every time we have a bear rally.
While many people might talk about jumping back in, I suspect that fewer and fewer actually do. That's why the rallies are not sustained IMO.
frgtmygld 2 years ago 2
Hi frgtmygld,
I've read stories of how hedge funds threatened entire countries in the past, they were responsible for the Japanese Mega Crash in 1989 and the Asian Tiger Crises in 1997.
Though they have less cash now... but they still instill fear in markets around the world...
gauharjk 2 years ago
Good point gauharjk.
Soveriegn funds, mutual, hedge, and pension funds,annuities all greatly influence the markets. Unfortunately they are motivated by their own business concerns or sometimes politics. rather than acting as an individual would. This adds an element of chaos to the market.
They do not hold management to account as an individual would and therefore create moral hazard by insulating management from shareholders.
Funds of all kinds have ruined the markets for individuals.
frgtmygld 2 years ago
Thank you again VV
another 5*
Don't know if your Irish but happy St. Patrick's day
(didn't know if you knew Irish so I removed the previous quote)
KrinkleKuts 2 years ago
Comment removed
KrinkleKuts 2 years ago
absolute power corrupts absolutely: america is a prime example.
windwatcher89 2 years ago 2
hey VV thanks for the vid! i was wondering if the internet is the only place to buy silver and gold.. i dont have a credit or debit card so can you go to a pawn shop or something? thanks
windwatcher89 2 years ago
Its really going to be hard to find a physical store to sell you precious metals. Apmex will take a check but they want a credit card just in case you cancel your order. See if you can borrow one, they wont charge that card.
zappos49 2 years ago
My assumption about Chinas motive for buying US Treasuries has been to prolong the awful US< China trade deficit.. To China, it has been a great investment to keep the US economy propped up as long as possible. We have been buying their cheap exports all of this time and now the party is coming to an end. Perhaps there is no more reason for them to invest in US Treasuries. I mean, if nobody is going to buy their cheap junk, where is the return on investment?
Avigadro 2 years ago
Just another thought - If I was paranoid I'd say that these up swings are *designed* to fleece the suckers that dump money in blindly. The middle class is getting it's clock cleaned.
But the stock market is called gambling for a reason - the house always wins in the long run. Let's start inventing Stock Market 2.0....
TimTrimT 2 years ago
Don't let the intellectually blind get you down mate. We of like mind are listening and appreciate what you're doing.
When I read about the rally yesterday I just envisioned a market chart from the 30's. There were tremendous up/down swings like this (and even bigger) as the overall trend spiraled into the toilet.
indeed this tremendous volatility is what's wrong with the stock market. Stock Market 2.0 when invented SHOULD be much more boring (and safe) by design.
TimTrimT 2 years ago
My broker mentioned Mark-to-Market to me this week, perhaps over my head at the previous moment - my concentration is my business & it's sales. Could I actually get a broker that will keep me informed AND not expect me to become a broker also.... gonna have to hire an assistant just to oversee my broker and dot dot dot
brainyyyz 2 years ago
Congress will force regulators to relax the much criticised mark-to-market accounting rule if they fail to take action themselves, Barney Frank, the chairman of the House financial services committee, on Thursday warned.
Mr Frank told representatives of the Financial Accounting Standards Board and the SEC that they had to act quickly to revise the rule. We do have to have you move now said Mr Frank. You are the FASB. In this one you cant be the slow-B.
coultrane 2 years ago
Mark to market is now Mark to magic marker. If anyone questions who is running this country, it is now perfectly clear: The BANKERS RUN THIS COUNTRY.
If you can't pay your bills, why can't you revalue your home to a price that fits your vision of its worth?
coultrane 2 years ago 2
"There seems to be a clamoring for changing mark-to-market rules that seems to come largely from institutions that may be insolvent," Rep. Alan Grayson (D-Fla.) said to Herz at a meeting of the Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises.
coultrane 2 years ago
Before Banks Collapsed, They Pleaded With Feds To Let Them Fudge Their Books
Before financial institutions have collapsed over the past several months, they have come to the Financial Accounting Standards Board, pleading for a change in mark-to-market accounting rules so that they can continue to appear to be solvent on their balance sheets.
coultrane 2 years ago
You all have absolutely no idea how bad this is going to be.
thirstybullet 2 years ago 3
The only thing that is backing up the dollar is Plutonium.
It's so phuk'd.
thirstybullet 2 years ago
When I want to go fishing, I usually throw on some bait to attract the fishies. It's no different in Wall Street and they use CNBC to chum. When it comes time to catch the fishies, they use nets and not poles because they're scum and have no ethics. It's called pump and dump you fools. I am utterly amazed that supposed smart people continue to be complete zombies. There comes a point in time when I say screw it...they deserve what they get. It's called HOPELESS OPTIMISM.
ATAINC23 2 years ago 3
Thanks for good comments.
khjstephano 2 years ago
Ummm. You say that people shoudn't focus on day to day market moves, but yet you make videos everytime the market goes up? huh? what? So only you are allowed to make comments on day to day moves and we are not? I am totally confused now..this is just splendid.
specsix 2 years ago
I'm wondering if China's being vocal about their doubts about US treasuries is just a form of sabre rattling. With the flap about the clash with the spy ship, it's another way they can remind us who has who by the short hairs.
gunnerrat 2 years ago
yes you are right. However, it wont be much longer before the chinese no longer see us as essential to priming their economic pump. their internal economy is screaming. the chinese,like the rest of the world, see us as more and more of a banana republic risk. it's only a matter of time before the bottom completely falls out, all that needs to be done is for foreign countries simply to stop buying our crap dollar debt.
thirstybullet 2 years ago
Banks want G20 to set up pricey bad bank
Critics say the financial sector is holding the economy hostage
WASHINGTON (MarketWatch) -- The world's largest financial institutions urged the G20 financial leaders on Friday to endorse the "bad bank" approach to dealing with the credit crisis, an expensive model one expert likened to another ransom note.
Under this approach, governments would buy toxic assets from banks at a price higher than the prevailing market rates.
Too big to fail?
coultrane 2 years ago
D...I don't want to see you this way! Hold strong and steadfast! I've taken your advice several times and am better for it!!
You're a Godly man and it shows....even though I cannot image what you go through (U-Tube)..........YOU ARE HITTING HOME to many, trust me!! God Bless
gramig0 2 years ago
We live in the United States of Amnesia
jsphbjmn 2 years ago
Because this is my United states of whatever!
btbking 2 years ago
Is this what they call a dead cat bounce ?
LOLOLOLOL
pinkfloydmoon 2 years ago
Poor cat has been bouncing a lot lately.
virusone25 2 years ago
I'm experiencing the same source frustration. So far as I can tell, there are two reasons some folks vacillate between an apparent understanding to optimism, or between a state of denial, and acceptance. A.) They shake their head in agreement, yet truly do not understand the fundamentals. B.) Their thinking is generally clouded with emotions. They fear the future as it's challenges seem insurmountable, fear the loss of their self image,status and possessions, the loss of hopes and dreams.
InTheSticks1881 2 years ago
I've seen this reaction in family members whom I know have IQ's in the top 5%, are college educated and successful in business. It is as if they've been told they have cancer. On some days they are proactive and take measures to overcome the illness. On other days they will tell you that the doctor is wrong, and they do not have cancer. This is very unfortunate, because their health and future is further jeopardized. Should they embrace the threat, they might beat the odds and live happily.
InTheSticks1881 2 years ago
Intelligent humans are, in the end, still human. They want to believe in the best possible outcome and turn a blind eye to negative developments. We all *want* to believe things will get better, that the cancer isn't as bad as it seems or is really something much more benign that will go away. I've become convinced that the only way to understand what's going on is to be a misfit, someone who's not comfortable in this society. With 1 foot out looking in, it's easier to see it for what it is.
gunnerrat 2 years ago
We could be 'misfits', yet we are perhaps simply abnormal. We may tend to live from within ourselves are not as easily distracted by the trappings and distractions. Few these days have the time or the opportunity, and fewer still have the inclination to think and examine. One should thank their 'lucky stars' that they have been blessed with the chance to learn and prepare. We are not necessarily wiser or smarter, but have discovered, and are brave enough to face the future.
InTheSticks1881 2 years ago 2
Haha I have the same shirt :P
GalaxySmith18 2 years ago
this rally will give us a new low very soon.
WHEREtheFUNK 2 years ago 2
There's alot of double talk going on right now. I hear one thing today, wake up and hear something different. I don't know if I'm coming or going. Thanks for keeping me some what grounded. July 4 1776 - Oct. 3 2007.
DestroyerOfLies 2 years ago
I saw a video about what happened in the Soviet Union. They had ridiculous inflation rates, in one month the rate was over 1,000% annually. So, they all got paid in rubles and as fast as their feet could carry them, they converted to dollars. The dollar was stable then. Since this is a worldwide depression coming up, metals are the only stable currency I see to convert to now. All else is fiat, even the yuan.
elpilotoazul 2 years ago
I agree, ewffaces. Really, talking about the market going up or down is useless. We should talk about the people behind the scenes that make it go up or down. The people that told congress their would be martial law and a 3000 point drop in the daw if they didn't pass the bailout bill. Our country is being held hostage by wall street bankers.
psxwarrior 2 years ago
as always daniel, great vid and keep gettin the msg out there...DONT BELIEVE IN THE FAKE RALLIES!!! A DOLLAR COLLAPSE IS COMING!!!
WakeUpNow2012 2 years ago 4
mrgordylks, if you take a look at the "Statistics & Data" tab you'll see that the video is actually doing quite well. YouTube doesn't update the view counts as often as some folks would like them to... It will eventually catch up.
hunt1803 2 years ago
Hiya Hunt good to see ya, hope all's aok with you. peace Norm
lostinthemix 2 years ago
:) Hi Norm - Things are good here. Proof that prep does work. Tis lambing season again...! Absolutely love this time of year, proves there is eventual renewal in the works for the world... I hope we do it right this time.
hunt1803 2 years ago