Central banks & Wall street preparing for something big too...?
- Thread starter gunnerbob
- Start date
PestControl02
New member
good article, but I don't know man, I think this sucker has another 20 or more years to play out, like Gerald Celente has said in the past.. "schemes undreamed".
The entire economy is rigged, all the numbers are manipulated...theres no telling whats going on behind the scenes to drag this collapse out.
There is no rule of law- no regulators, no legitimate oversight of any kind regarding wall st, banking & the monied interest.
Whats to stop them? I guess is what I'm saying.
The entire economy is rigged, all the numbers are manipulated...theres no telling whats going on behind the scenes to drag this collapse out.
There is no rule of law- no regulators, no legitimate oversight of any kind regarding wall st, banking & the monied interest.
Whats to stop them? I guess is what I'm saying.
craigguinn
New member
sounds like an advertisement for one or all of the gold companies. gold prices actually fell according to the news the other day. hell, i don't know one way or the other. my first thoughts are buy food and ammo while it is still here........just sayn
Rising2ndSun
New member
There is rumor that the supreme court will allow a company to raid pensions and bank accounts in the event of financial trouble. Has anyone else heard this? Is this true?
SR40c
Done told her once...
Both corporations and unions have been raiding pensions funds for years and years. Haven't heard anything about bank accounts. However, give it time. When Obama get's reelected (and he will) all bets are off and to be honest, corporate raiding of pension funds and bank accounts will be the least of our problems. The government IS who will be shaking you down.
Dennis1209
New member
The government can do what they please. Two times during my Federal employment, the fed's raided my TSP (401k) retirement account, to keep the government running during a government shut down / budget crises. With no compensation at all, just a hollow promise it would be paid back and we would not lose anything.
BC1
,
I read the article closely but found it quite flawed. The author starts with...
Now that's road-apples if I ever heard it. I'm not connected. I'm not an insider. I educate myself daily regarding the world markets, economy, finances, etc. I read the NY Times and Wall Street Journal every day. I read Money magazine and Inc. magazine. I watch the Fox Business Channel daily. I'm responsible for maintaining my own portfolio and don't use or trust brokers. As a result, I see tough times ahead. Yes, economic collapse could occur in America just the same as Greece, Italy, etc. This is a world economy. Those with their eye on the ball are looking for places to move their assets to maximize protection. For me it's real-estate. The only asset I can rent-out or take a pee on. It may decrease in value but it can't disappear. For others it's gold. Yet I don't believe gold is a good investment at this time. It's become heavily over-valued. And when you get to the details, what are you gonna do with it?
Here's another crapper.
Of course he's dumping his banking stocks. So did I. They're a terrible investment right now. They're losers. Banks aren't lending in this economy and lending is how they make their money. Some of the biggest investment losses after 2008 were in banking stocks. Yes, I took a small hit but decided to forgo these investments.
This isn't hoarding. This is called "making money." Investment banks earn a profit by loaning money to startups and other companies who's vision suggests profitability for the bank. Investment bank lending has dried up. Startups can't find venture capital right now as the economy is in recovery. Mortgage banks lend money for you to build a home because the economy suggests you'll repay the note and they'll profit. Despite low mortgage rates, the losses in the industry combined with high personal debt, high unemployment and uncertain economic future in this election year are making it harder to get a mortgage. You have to be a "rock-solid" borrower with a decent down-payment. This too isn't hoarding of anything, it's sound investment principals.
The author clearly shows a lack of knowledge regarding tech stock investment history. Anyone remember the bubble burst in tech companies between 1999 and 2002? Billions in losses. The Internet was new and companies popped up that consisted of not much more than a website. Those companies had earnings potential driven by low technology costs for consumers and the reach and power of the internet (Moore's law and Metcalf's law... look them up). Investment capital was available and this was a new markt... a "killer app." IPO's for companies like WebMD raised over $1 billion dollars. Many of the initial investors who had IPO access bailed quickly and the stocks tumbled. Hundreds of big-I companies failed and billions were lost. the Dow was above 14,000 back then. Where is it now? 13,150. Americans woke up. They learned the hard way that businesses had to be more than a good idea and website. They needed to be "click and morter." Strong web reach backed by solid business. I made my bones in this period and I'm guilty of the same thing. I bailed on my own businesses. Several times. Took the profits and ran. When our accountants issued the company valuation I went home and told my wife "bull-crap." I'm gettin' out. No way it's worth that amount! Of course facebook stocks are falling. It was an overpriced IPO backed by rediculous numbers that weren't based in real assumptions. Investors got what they deserved.
The low inflow to equity funds over recent weeks (months) is because Americans don't have the capital to contribute to retirement and 401K's right now. Unemployment (and under-employment) is way up. Gas prices (a core economic component) have driven the cost of everything from construction materials to milk up. The cost of living is hard on families right now.
Human nature suggests you can't keep a secret between three people in a room. Does anyone actually think that "insiders" could keep such a thing quiet? I'm not a believer in grand conspiracy theories. Especially those that say gopvernment is up to something. Civil service employees can't keep a secret past the water cooler. Although it is evident that tough times are ahead I'm not buying this guy's theory.
"If you want to figure out what is going to happen next in the financial markets, carefully watch what the insiders are doing. Those that are "connected" have access to far better sources of information than the rest of us have, and if they hear that something big is coming up they will often make very significant moves with their money in anticipation of what is about to happen."
Now that's road-apples if I ever heard it. I'm not connected. I'm not an insider. I educate myself daily regarding the world markets, economy, finances, etc. I read the NY Times and Wall Street Journal every day. I read Money magazine and Inc. magazine. I watch the Fox Business Channel daily. I'm responsible for maintaining my own portfolio and don't use or trust brokers. As a result, I see tough times ahead. Yes, economic collapse could occur in America just the same as Greece, Italy, etc. This is a world economy. Those with their eye on the ball are looking for places to move their assets to maximize protection. For me it's real-estate. The only asset I can rent-out or take a pee on. It may decrease in value but it can't disappear. For others it's gold. Yet I don't believe gold is a good investment at this time. It's become heavily over-valued. And when you get to the details, what are you gonna do with it?
Here's another crapper.
Soros is almost always ahead of the curve on financial matters, and if something big is going to go down George Soros is probably going to know about it ahead of time. That is why it is very alarming that he has dumped all of his banking stocks... Why would you dump over a million shares of stock in major banks and purchase more than 100 million dollars worth of gold? Well, it would make perfect sense if you believed that a collapse of the financial system was about to happen.
Of course he's dumping his banking stocks. So did I. They're a terrible investment right now. They're losers. Banks aren't lending in this economy and lending is how they make their money. Some of the biggest investment losses after 2008 were in banking stocks. Yes, I took a small hit but decided to forgo these investments.
Central Banks Are Also Hoarding Gold. According to the World Gold Council, the amount of gold bought by the central banks of the world absolutely soared during the second quarter of 2012. The 157.5 metric tons of gold bought by the central banks of the world last quarter was an increase of 62.9 percent from the first quarter of 2012 and a 137.9 percent increase from the second quarter of 2011.
This isn't hoarding. This is called "making money." Investment banks earn a profit by loaning money to startups and other companies who's vision suggests profitability for the bank. Investment bank lending has dried up. Startups can't find venture capital right now as the economy is in recovery. Mortgage banks lend money for you to build a home because the economy suggests you'll repay the note and they'll profit. Despite low mortgage rates, the losses in the industry combined with high personal debt, high unemployment and uncertain economic future in this election year are making it harder to get a mortgage. You have to be a "rock-solid" borrower with a decent down-payment. This too isn't hoarding of anything, it's sound investment principals.
Sadly, Facebook has now lost close to half of its value since the IPO. Will Facebook end up being the poster child for the irrational stock market bubble that we have seen over the past couple of years?
The author clearly shows a lack of knowledge regarding tech stock investment history. Anyone remember the bubble burst in tech companies between 1999 and 2002? Billions in losses. The Internet was new and companies popped up that consisted of not much more than a website. Those companies had earnings potential driven by low technology costs for consumers and the reach and power of the internet (Moore's law and Metcalf's law... look them up). Investment capital was available and this was a new markt... a "killer app." IPO's for companies like WebMD raised over $1 billion dollars. Many of the initial investors who had IPO access bailed quickly and the stocks tumbled. Hundreds of big-I companies failed and billions were lost. the Dow was above 14,000 back then. Where is it now? 13,150. Americans woke up. They learned the hard way that businesses had to be more than a good idea and website. They needed to be "click and morter." Strong web reach backed by solid business. I made my bones in this period and I'm guilty of the same thing. I bailed on my own businesses. Several times. Took the profits and ran. When our accountants issued the company valuation I went home and told my wife "bull-crap." I'm gettin' out. No way it's worth that amount! Of course facebook stocks are falling. It was an overpriced IPO backed by rediculous numbers that weren't based in real assumptions. Investors got what they deserved.
The low inflow to equity funds over recent weeks (months) is because Americans don't have the capital to contribute to retirement and 401K's right now. Unemployment (and under-employment) is way up. Gas prices (a core economic component) have driven the cost of everything from construction materials to milk up. The cost of living is hard on families right now.
Human nature suggests you can't keep a secret between three people in a room. Does anyone actually think that "insiders" could keep such a thing quiet? I'm not a believer in grand conspiracy theories. Especially those that say gopvernment is up to something. Civil service employees can't keep a secret past the water cooler. Although it is evident that tough times are ahead I'm not buying this guy's theory.
gunnerbob
PEW Professional
Gotta love it!
Twice already the gov't has withheld my paycheck... y'know, gov't shutdowns... I don't like that, not one bit.New Threads
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