Archive for October, 2012
In the financial world, the month of October is synonymous with stock market crashes. So will a massive stock market crash happen this year? You never know. The truth is that our financial system is even more vulnerable than it was back in 2008, and financial experts such as Doug Short, Peter Schiff, Robert Wiedemer and Harry Dent are all warning that the next crash is rapidly approaching.
We are living in the greatest debt bubble in the history of the world and Wall Street has been transformed into a giant casino that is based on a massive web of debt, risk and leverage. When that web breaks we are going to see a stock market crash that is going to make 2008 look like a Sunday picnic.
If a stock market crash does not happen this month or by the end of this year, that does not mean that the experts that are predicting a stock market crash are wrong.
It just means that they were early.
As I have said so many times, there are thousands upon thousands of moving parts in the global financial system. So that makes it nearly impossible to predict the timing of events with perfect precision. Financial conditions are constantly shifting and changing.
But without a doubt another major financial collapse similar to what happened back in 2008 (or even worse) is on the way.
I do find it interesting that some of the biggest names in the financial world are currently making moves as if they also believe that a massive financial crisis is coming.
For example, as I have written about previously, George Soros has dumped all of his holdings in banking giants JP Morgan, Citigroup and Goldman Sachs.
Infamous billionaire hedge fund manager John Paulson, the man who made somewhere around 20 billion dollars betting against the U.S. housing market during the last financial crisis, is making massive bets against the euro right now.
So where are these financial titans putting their money?
According to the Telegraph, both of these men are pouring enormous amounts of money into gold.
So why would they do this? Why would they pour millions upon millions of dollars into gold? Well, it would make perfect sense to put so much money into gold if a massive financial crisis was coming.
If you want to understand the coming financial collapse, one of the keys is to understand derivatives. Essentially, derivatives are “side bets”. When you buy a derivative, you are not investing in anything. You are just gambling that something will or will not happen.
Our entire financial system has been transformed into a giant casino, and at some point all of this gambling is going to cause a horrible crash.
If a stock market crash does not happen this month, don’t think that the storm has passed.
A major financial crisis is coming. It might not happen this week, this month or even this year, but without a doubt it is approaching.
And when it arrives it is going to be immensely painful and it is going to change all of our lives.
I hope you are ready for that.
14 Signs That The World Economy Is Getting Weaker
In the United States there are a whole host of signs that another recession is approaching, and the number of American CEOs that say that they plan to eliminate jobs in the coming months is rapidly rising.
The United States is not the only one with massive economic problems right now. The truth is that just about wherever you look around the globe things are getting even worse. China is experiencing a substantial economic slowdown, and Japan has resorted to yet another round of money printing in an effort to keep the Japanese economy moving. Unemployment in Europe continues to get even worse, and the riots this week in Spain and in Greece have been absolutely frightening at times.
The world economy is more interconnected today than ever before, and that means that we are all in this together. Just remember what happened back in 2008 and 2009. The economic pain that started on Wall Street was felt in every corner of the planet. So anyone that believes that the United States (or any other major nation for that matter) is going to escape the next wave of the economic crisis is simply not being realistic. Why do you think central banks all over the world are in “panic mode” right now? They are firing all of their ammunition and printing money like there is no tomorrow in an attempt to keep the system together. Unfortunately, it is not going to work.
The following are 14 signs from around the globe that the world economy is getting weaker….(go to above website)
You and I are being dragged close and closer, day by day, to the ‘fiscal cliff’ set up for us to plummet over at the end of this year.
The disastrous, wrong-headed, open-ended QE3 means one thing to you and your family: the reality of hyperinflation grabs us at the gas-pump and grocery store, every day. It will only get worse, destroying your asset base, large or small, unless you act prudently, and swiftly. Now.
It’s really very simple: the largest transfer of wealth in all of human history is about to occur as part of an engineered paper money collapse event. I assure you that immense wealth will not move in your direction unless you do something about it immediately.
“Where does the energy come from?” The answer is that it comes from the “Aether” as Tesla called it, or the quantum field, or torsion fields as is called by other cutting edge scientists. Not recognizing that energy is not being created, but harnessed, or accumulated from the energy of the quantum field is a narrow-minded, dead-end view, which severely limits true science and progress.
The new forms of energy will then transform the “poverty consciousness” that permeates world thinking. By poverty consciousness, I am portending that nearly all of us believe in some form of lack. Lack of enough energy, food, water, peace, love, jobs, money, power etc. With the means for inexpensive, self-sustaining power generation available, limited thinking will be diminished, as demonstrated by the unlimited energy available, and this will open the floodgates for the unlimited power of creation that we have, and that we are. When this occurs, we, as humans, will realize that we have the potential to create anything in our lives.
One possibility is that new forms of energy production will allow water to be desalinated, which will provide fresh water to the large majority of the world’s population that live near the oceans. This fresh, desalinized water can be used to irrigate land to increase food production, which will lead to the ending of food shortages, while likewise helping to eliminate the large multi-national agri-businesses, who have prospered in the past thru sheer greed, with profit and control as their primary motives.
As the seeding of consciousness pertaining to new forms of energy is accelerated, the synergy between the money needed to produce the devices, will meld with the dedicated inventors of them, which will finally launch a new economy and and with it, a new America. As humanity transitions from the old paradigm of lack and control into one of expansion and freedom, a quantum leap in consciousness founded in love, caring, compassion, cooperation and respect, will allow the blossoming of mankind in his/her symbiotic relationship with the unlimited nature of the universe.