Economic Update (August 21, 2009) Who do you trust?

Economic Collapse Update
AUGUST 21, 2009

The Stock market is higher and the MSM is calling for an economic recovery. Gerald Celente and Peter Schiff are predicting the complete opposite (pretty much). Who do you trust? Can you get truth from MSM if you go with the opposite of what they say?

They have not talked too much about the dollar and it seems they are avoiding this subject. This might be because they want to keep people distracted from the dollar charts and how it is created.

When you hear anything from the MSM when they say "investors brought stocks up higher or lower" you can replace that with Goldman Sacs.

Therefore, because of this theory alone and them not mentioning the dollar that much, this points to me that the collapse is happening for the dollar (as if I didn't know that before hand anyway.. it is more information to back it up)

LINKS:
Ben Bernanke says Economy near recovery
http://finance.yahoo.com/news/Stocks-jump-as-Bernanke-says-apf-1907490562.htm...

DOW JONES FOR SALE
http://www.cnbc.com/id/32511266

MY BLOG
http://trade-technicals.blogspot.com

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[flamedrifter011]

boring..... 0.o

[endlessmountain]

im not here to entertain, I am here to give news of truth.

[vimzibaiegh]

True: Buffet probably can't be trusted to benefit anyone but Buffet himself; & time lines have been condensed. However, unless I'm mistaken, webbot picks up on [people's] writings on the internet. Has anyone considered that what is being predicted is exactly what the PTB wants everyone to think will happen? They turned this latest depression around like it never existed, in that now a slow recovery is predicted. Yet still we might see a three day shortage of food and energy, via false flag.

[endlessmountain]

I do not consider too much that the PTB wants everyone to think it would happen because they do their darndest to shut people out like Goerge Ure, G. Celente and myself. Because of this if you want people to be distracted on what they say I think of their called economic recovery, H1N1 and Health care plan as part of their plan some how.

[vimzibaiegh]

A collapse could be a decade away. Acutally I'm accumulating broader market funds. Someone before said Buffet foresees "market destruction." Factually Buffet recently applauded current money printing policies. In the NY Times on 8/19/09 Buffet said that the US is on a slow path to recovery. He does caution that when inflation increases further, that the FED will need to reverse course. I think that the FED will let inflation run exactly like in 2003. In any event Buffet is tickled pink.

[endlessmountain]

Buffet gave a lot of truth. Whatever he says (pick the opposite) and you win. His track record is horrid.

Regarding 10 years -

considering the cycles we go through a decade, serious stuff has to happen and it should be quicker. For more and more stuff has always happened in less and less time. 10 years in the 30s is less than a year today for the amount of evolution that occurs in our world. This is probably why the death of the dollar will last a little over a year according to webbot.

[1mealperday]

fav and 5s

friend of truth is friend of mine.

[goscott4]

Jobless recovery??.....yeah right!

[bc777isbt]

You have to actually have cash in stocks to know whats up I know people who watch the market 8 hours a day.. Hit the spots that do well then pull out typical people go by the books (nerdy ones) smart ones know what up and will see through shit if your smart you can bank off of the market.

[indigohealer80]

Peter Schiff was right. Peter Schiff is right.

[flatnerd]

Another way of determining the short term future development of the stockmarket is looking at who is buying and who is selling. Right now professionals are selling and private citizens are buying. Very bearish.

[motogpslider]

Thank you for spreading the truths!

[mmac382]

Heres the truth reccession is when your neighbor is out of work. Depression is when your out of work. The economy is not a single entity. The top or bottom makes no differance. One cam only work to improve ones own comdition.Some businesses are getting better,, some aren't. Because of the internet, the stock market is only a knee jerk reaction to the news. If the goverment continues to hate big business or any business we will see a slow recovery.

[yellowmanlives]

Good stuff. Im glad i checked this out

[Dean0000007]

Kind of sounds like what they said about Greenspan when he came out of the federal reserve monthly to give information on whether they will increase rates or not. They also have another similarity, they have inside information that we are not privy to. Therefor it's a game inwhich the average person cannot win at.

[bogardan666]

Buffett is 100% trustworthy. He is the oracle.

He has never played the market but he has invested in the best companies.