Stacy Summary: First, @mike, dude, lay off the weed! Ha ha. Wow, you were on quite the ranting rampage last night. Now, onto the headlines, I know Ambrose tends to exaggerate, but China is looking to me like it might be the ’stimulus’ for the next leg down on this ongoing collapse of the global ponzi scheme. Which brings me on to the next headline that the ’stimulus is working’ . . . unless you exclude the government’s fake money which is only a transfer of wealth from the future to today. And, that, brings us to the final bizarre headline about pirates seizing a Russian cargo ship. The real world is sinking into a Mad Max like crazy place of pirates and fake pirates. So the question is . . . anyone seeing signs of the ’stimulus’ working at street level??
Tags: china ponzi · europe · pirates · stimulus115 Comments
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@Maybe you can pick the best highlights out of this?
German Bundesbank Puts Gold Reserves in US (in German)
http://www.worldgoldbook.de/blogs/teamblog/deutsche_goldreserven_lagern_in_new_york.aspx
Zbigniew Brezinski “Today it is infinitely easier to kill a million people, than to control a million people.”
“And these new and old mayor powers face still yet another novel reality in some respects unprecedented.
And it is that while the lethality the lethality of their power is greater than ever.
Their capacity to oppose control over the politically awakened masses of the world is at A historical low.
I once put it rather bundchendly and I was flattered that the British foreign secretary repeated this, as follows;
Namely in earlier times it was easier to control an million people literally it was easier to control an million people than physically, to kill a million people.
Today it is infinitely easier to kill a million people, than to control a million people.
It is easier to kill than to control.
(Brzezinski breaths-sniffs true is nose inside; sniffffff)
And of course that bears directly on the use of force particular by societies that are culturally alien over other societies.”
FROM: Zbigniew Brzezinski Chatham House Speech Nov. 2008 http://tinyurl.com/poxbjp
Truth About Markets please
Before I get Goldman Sachs on your ass!
Without a doubt this move was a manipulated Greenspan PUT of which Goldman Sachs has made a killing. I was hoping the new administration would of started off a new foot without Goldman Sachs. Anyway it make me mad as hell but if your a investor trader looking at previous Greenspan PUT action this will carry for a fairly long time. How the dollar will fair who knows. THE BIG THINK TO KNOW IS YES THIS WAS GOVERNMENT MANIPULATE via Goldman Sachs
Who’s making the biggest splash? Quarterly review of scientific literature on drugs & therapies (Pharma Matters report)
http://thomsonreuters.com/content/PDF/scientific/pharma/wimtbs.pdf
Fed to Hike Rates to 7% by Mid-2011: Strategist http://www.cnbc.com/id/32372518
Re: Z. Brezinski’s comments.
Here on MK there has been much discussion about NWO and control of the masses by fatty food, fake or meaningless news, corrupt or wishy washy media, evil banks, gold manipulation etc. Oh and don’t forget the stupid bought (pharma/oil etc) politicians.
Why would ZB say it is easier to kill people than control them if we are being controlled as the above?
On a different topic I have been wondering (for a long time) about the difference between the world views of Mish (deflation) and Schiff (hyper-inflation).
Now I’m starting to get his view, Mish offhandedly in one interview said that the countries external to US know that US would print tons of money to get out of debt, i.e. debt to China etc. Traditionally it is by inflation countries get out of problems of external debt and at the same time make their manufacturing sector more competitive.
He said these countries will turn on their printing presses to match the US so that the US won’t get away with the gambit. This is why he believes in hyper-deflation,not inflation for America for a long time.
@zmoore
Undeed why would ZB say that? Afterwards he even says, and I should have put it in otherwiss watch the Video clips yourself “But we won’t do that” as if it was a serious option and he wants to reassure the public? http://tinyurl.com/poxbjp
Indeed everybody turned on the printing presses. What I still don’t fully understand is that this extra money, until now, was only used to prop up the bangtsers balance sheets so it doesn’t go into the street economy directly. Vew money is loaned to mainstreet so that some of this money is used to replace the toxic assets on the banksters balance sheets but only partly cause this debt is simply to huge even with the $24 trill.
Inflation takes at least 3 years after the money supply has been increased which not everybody realizes and a positive multiplier which means that the money has to flow before this can happen.
Biggest preoblem will be the American deficit and the interest rate which has to be payed over that.
My prediction is still first Deflation (happening right now) after which Inflation causing deflation afterwards again.
FED says now they wonna raiseinterest rates round October which will cause an other disaster. Bank Holiday is becomming more and more likely.
Fed Treasury Buying to Slow Before Ending in October http://tinyurl.com/n54uq5
“The trade gap widened 3.8 per cent in June to $27bn as the US imported more oil at higher prices.”
FROM: US trade deficit grows on oil prices (The Financial Times) http://bit.ly/WMbrz
So there are many ways the US economy could ket the final kill:
- (hyper) Inflation
- Higher Oil prices
- Even higher defecit
- Higher interst rates
- Wars (Iran, Russia) street of Hormuz getting closed by somebody the US or Iran maybe even China.
- The Flu or a new vey deadly New Flu
- Everybody leaving the dollar at once in an hurry
zmoore, I don’t think “hyper-deflation”…”for America for a long time.” is possible. This would mean a greatly increasing willingness for the world to give a bankrupt nation, people, and system, things of real value for their currency, for a long time. Just doesn’t make any sense to me.
Eventually some money velocity will be triggered, and the hyper inflation will begin. This is unlike people’s denial of say Sept 11th’s controlled demolitions in that people can actually do things with both minimal risks and considerable effects on their own lives. Therefor a wave of people could be triggered to actually seek lasting tangible value for their digital and paper money, all at once. In my own market of Canada for example, the threat of an Amero could be such a trigger. The dollars competing for limited goods in a system that is managed with light inventory by monopilists, would create instant shortages and inflation.
“Paulson & Co., the hedge-fund firm run by billionaire John Paulson, bought Goldman Sachs Group Inc. and Bank of America Corp. stock in the second quarter, while adding to stakes in gold companies.”
“Paulson became the largest holder of Johannesburg-based gold producer AngloGold Ashanti Ltd. after buying 40 million shares to end the quarter with a 12 percent stake. He also increased his stake in Johannesburg-based Gold Fields Ltd., becoming the third-largest owner of its U.S.-listed shares. ”
“Paulson reduced his stake in Market Vectors Gold Miners ETF, a fund that mirrors moves in the Amex Gold Miners Index, after selling 11 million shares. He owned a 5.3 percent stake in the fund in the second quarter valued at $227 million, down from 15 percent in the first three months of the year.
Paulson left unchanged his 9 percent stake in the SPDR Gold Trust, an investment fund that buys gold bullion, and a 4.4 percent stake in mining firm Kinross Gold Corp., according to the filing. ”
FROM: John Paulson Hedge Fund Buys Banks, Boosts Gold Stocks, Filing Shows http://tinyurl.com/pukjwv
“The vaults of Credito Emiliano SpA hold the pungent gold prized by gourmands around the world — 17,000 tons of parmesan cheese.
The regional bank accepts parmesan as collateral for loans, helping it to keep financing cheesemakers in northern Italy amid the worst recession since World War II. Emilia Romagna-based Credito Emiliano’s two climate-controlled warehouses hold about 440,000 wheels worth 132 million euros ($187 million).
“This mechanism is our life blood,” said Giuseppe Montanari, 65, a cheese producer and dealer who uses the loans to buy milk. “It’s a great way to finance our expenses at convenient rates, and the bank doesn’t risk much because they can always sell the cheese.”
“So precious is the cheese that each 80-pound wheel, worth about 300 euros, is branded with a serial number so it can be traced if it is stolen. Thieves tunneled into one warehouse in February and made off with 570 pieces before they were apprehended by police.
“Thank heavens we caught the robbers before they grated it,” said William Bizzarri, 58, who manages the cheese vaults.”
FROM: Cheesy Collateral Keeps Italian Credit Flowing Amid Recession http://tinyurl.com/mlsdw9
Home Price Declines Accelerate in Second Quarter http://tinyurl.com/mvebfx
Boycott coke, no probs boycott mars …dunno I do love a bounty…mr christian
http://www.youtube.com/watch?v=qSkCy1MvICM