Comments on: World’s Central Banks Act to Ease Market Strains
By hotfishmt on 11-30-11
I sure would like to know….WHO or WHOM is the backroom banker for these bailouts? With the so called FED’s back door policies just now coming to lite on how much they loaned the BIG BANKS…during the housing crisis….that total was 7.7 Trillion….and I doubt China is chipping in any $$.
Tthen the big banks still handed out mega bonuses like they did a wonderful job…..little known to the General Public was the backdoor-under the table loans that just came to lite this week??
The price of oil for all countries is the KILL BUTTON….as it rises the economy goes in reverse.
The so called….....FED…...banking is a word used like to some automatic computer….rather than run by people with hidden interest…but, the system is running dry and where these funds to bailout various contries….EXACTLY WHERE DOES/DO THESE FUNDS IMMIGRATE FROM ?????
Must be on MONSTER OF AN…..I.O.U.
By RussCrowder on 11-30-11
It looks like Bernanke and his international banker bosses on the Federal Reserve are going to have a repeat of the 2008 plunder of the U.S. Treasury to keep the Eurozone on life support for a little while longer. Apparently the U.S. taxpayers must at all costs keep this failed international Socialist experiment going at all costs.
By Tom Joad on 11-30-11
Are these the same central bank experts that got us into this situation? Are these the same central bank experts that have been trying to get us out of the mess they got us in for the past 4 years?
Its done people. Wake up. Europe will be DONE in 18 months or less. The REAL economists have already called this and the REAL investors have already began moving assets to prepare for it.
The Federal Reserve has given $7 Trillion to European Banks since 2008.
The US dollar is done. It will be inflated to oblivion. Your food and energy will cost you ten times what it does today. Costs will rise, your currency will continue to fall and NO investment you ever make will be safe as long as it is in paper dollars.
http://www.lewrockwell.com/lewrockwell-show/2011/11/29/237-prepare-for-an-economic-911-and-economic-martial-law/
By Tom Joad on 11-30-11
See gold today? Totally predictable reaction to dollar destruction and prediction of further debasement of the fiat currency markets. So far gold is up $34.00 today or 2%.
Gold is up 26% this year alone, 27% over the past 52 weeks. Now compare that to the DOW, NASDAQ, S&P and your pitiful mutual funds. Then look back at the 12 year trend of gold compared to those same categories.
Many people will tell you not to buy gold and berate you for even considering it. Well, those same people have told me not to buy gold since it was $300, $500, $800, $1000, $1200…....now it is over $1750 and predicted to breach $2000 in the coming year.
By hotfishmt on 11-30-11
Just 4 minutes ago…..on CNN web site news….a headline story about the 400 point surge in the Dow Jones Industrial index…based on the USA….nicknamed…THE FED…will make it easier for banks around the world to borrow from the USA????
Now…with the USA…near the 14 Trillion in debt…..how is it that we can be the worlds bankers at the same time. Given that foreign banks have what kind of regulations to keep the funds safe….from abuse.
Seeing that we bankrolled the BIG YORK BANKS…..with trillions most people did not know….THE FED ACTS LIKE IT…...PLAY MONEY???? I fail to understand & see the logic that the USA should play banker to who in what country for how long and what payback ???? Reads so stupid to me….no logic what so ever?
By Citizen on 11-30-11
looks like the thumb downers are here.
Perfect example of the Normalcy Bias.
“he normalcy bias, or normality bias, refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects. This often results in situations where people fail to adequately prepare for a disaster, and on a larger scale, the failure of governments to include the populace in its disaster preparations. The assumption that is made in the case of the normalcy bias is that since a disaster never has occurred then it never will occur. It also results in the inability of people to cope with a disaster once it occurs. People with a normalcy bias have difficulties reacting to something they have not experienced before. People also tend to interpret warnings in the most optimistic way possible, seizing on any ambiguities to infer a less serious situation”
If that doesn’t define the hopelessly ignorant optimists I do not know what does.
America has over $100 TRILLION in Liabilities, annual deficits of 1.8 Trillion and a debt of 14 Trillion. The housing crisis, unemployment, GDP, municiple bonds, all the fundamentals are the same…....nothing has improved.
I read, invest and play the economic game EVERY SINGLE DAY. I buy, I sell.
I sold 100% of all US assets and funds in November of 2007.
There is no way out of this for the US markets until, notice I said until; until major banks and financials are allowed to collapse to real value levels. The toxic MBS that collapsed this system are still held.
Housing prices have to fall, interest rates have to rise.
You can say I am wrong, that is ok, people have been saying that for years, and been wrong the entire time. Don’t buy the lie, invest against it.
Short it all, buy gold, invest commodities, land, AG.
As always, we’ll see who is right.
By RussCrowder on 12-01-11
Hope..Change..and the New World Order…To Citizen’s reality check I would add this: The major banks, I.E., the Federal Reserve Banks, can’t just collapse the system to real value levels without exposing the whole Federal Reserve system for the “ponzi scheme” that it is. Every ponzi scheme requires a constant influx of fresh capital to pay for yesterday’s promises. Dry up that fresh capital (take the printing press away from Bernanke and his international banker bosses) and the whole thing comes crashing down. Just ask Bernie Madoff!
As Citizen say’s: “Short it all, buy gold, invest commodities, land, AG”. Or, put another way: “Gold - Guns- and Butter”
By mooseberryinn on 12-02-11
Well now, during Comrade Obama’s campaign he promised to ruin the U.S. dollar with ‘freebies” for everyone. (not quite in those words). well, TOLD YA SO.
By reggie on 12-03-11
Great post, citizen. Agree completely, another reference that may interest you http://www.zerohedge.com/news/guest-post-collapse-our-corrupt-predatory-pathological-financial-system-necessary-and-positive.
By JB on 12-03-11
@Citizen: Well done. Do a search for the term “cognitive dissonance” also, I’ll think you’ll find this term applies as well.
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