@eeos & Sandy Hook
eeos – The first step towards true liberation is to not care what your “friends” think about you. A true friend would listen and know that you don’t have an agenda and that you are only sharing the video to help unlock their minds from the Matrix. In the Matrix I presume you would choose the Blue pill and live in bliss with the machines using you like a battery? Not me… I would rather die than lick the boots of my masters.
I am posting this everywhere. The system can control the few politicians but they can’t control tens of millions of us.
Not yet anyway. Take action while you still can.
Bill Holter ……………………………………….aren’t these countries afraid of the Russian tanks? D’oh!
snip
This theory of a possible European breakup into northern and southern euros has more legs if Russia were to accept the new Nordic” for trade but refuse the “southern euro.” Would Russia have more “confidence” and thus be more likely to accept the northern euro …if it is supported by gold? Gold that is actually accounted for and held within these countries own vaults as opposed to vaults controlled by N.Y. and London?
The answer of course is “yes” but it also brings up another question which has a very humorous answer! For a little background before I ask the question, do you remember why all of this gold was moved to London and New York all those years ago? That’s right, there was a fear Stalin or one of his successors would roll tanks across Europe and take the gold …so the further away from Russia this gold was …the better! Fast forward to present day, isn’t Mr. Putin and Russia the “scary and aggressive” potential invaders of Europe? Why would these countries want their gold within their borders at this EXACT point in time if they have any worries of an aggressive neighbor called Russia? Does this make any sense at all? It does, and the humor is that these four countries apparently trust Mr. Putin and Moscow more than they do the U.S., Britain and the West!
Let me wrap this up and speculate a little as to what I believe is happening because it is clear something IS happening. It can be no coincidence these four core European countries want to repatriate their gold. It is also clear this action signals a change of some sort in their “relations”. For this “block” of countries (which is exactly what I believe they will be seen to be) to remove gold from the West and placing it within marching distance from Moscow tells me they trust “us” less than they fear Russia. I also believe they know where this whole game is headed and who is leading it. I believe China will back their currency with a “re marked” price of gold with Russia as their right hand energy man. The game is going toward gold, not away, this Nordic group is simply positioning themselves for when the starting gun is fired.
Auandag @ 17:55
I think that sums up our day as well.
Barrick
made new lows today, it’s on death watch. Not really, ten dollars and change is still a long ways to go. But ugly
Richard
Russia Europe and Japan is a example of why having at least some gold or silver. Seems like it’s going to make it hard on people to buy anything in the future worrying about where their jobs and next meal will come from.thats what the depression did.
I don’t recall Armstrong warning of=The complete meltdown of the world economy thanks to the convergence of many factors. Just about anything that can go wrong is going wrong “
GOT GOLD?
Russian Ruble Collapses – Conspiracy Or Warning of Things To Come
Posted on December 16, 2014 by Martin Armstrong
The anti-dollar contingent around the world who have preached that since Russia already trades its own currencies independently from the dollar and China has been trying to make the same move, are spinning the blogs claiming this is a “Zionist banker” conspiracy and this proves that all nations are tired of debt making Zionist banking. Well aside from the prejudice, this is not about merely debt and banking. I warned in the Greatest Bull Market that during a massive Sovereign Debt Crisis, there is nothing that remains standing. This is a complete control-alt-delete.
There was nothing that survived during the Great Depression from stocks, bonds, commodities, tangible assets, to currencies. This is what we are facing. The complete meltdown of the world economy thanks to the convergence of many factors. Just about anything that can go wrong is going wrong and the end game is not looking pretty. As we can see from this chart of the bond market, while Andrew Mellon first bragged when the stock market crashed “gentlemen buy bonds”, those who ran into the bond markets either were left with nothing as sovereign debt defaulted, or their US bonds were suddenly devalued by FDR and the gold redemption closes were reneged upon.
The Russian central bank tried to shore up the currency with a rate hike to 17%, but when that proved ineffectual, confidence in the bank evaporated and the sellers piled on. This is an example of the problems we face with all governments. Right now, people generally look to government with a demigod perspective that they are in charge and all powerful. I have been behind the curtain and been on the other side of phones calls from various central banks in the middle of a panic. They are no more in control than you or I. All they can do is pound their chest and hope people will do as they preach.
The collapse in Russia is being caused by a collapse in energy prices. The Middle East has become addicted to high energy prices and thus they have increased their budget taking into consideration expectations of perpetual high energy prices. However, with all things, there is a cycle. Our original forecast back in 1998 that oil would rise to $100 by 2007 was at first laughed at. By 2000, even the Department of Energy wanted us to forecast energy prices for the nation.. What has to be understood is rather simple. Oil had to rise in price in order to generate (1) new improvements in extracting, and (2) alternatives. We saw that rally and by 2007 the year-end closing was $95.98. The rally ended with the highest closing coming on the 13 year mark in 2011 closing that year at $98.83 in line with the Economic Confidence Model.
During the Great Depression, stocks rallied into 1929 but commodities peaked in 1919. The tangible commodity sector declined into 1932 coinciding with the stock low. That 13 year decline was profound. It wiped out much of the commodity industry. The correlated trends globally demonstrate that this is not some conspiracy of Zionist bankers, Illuminati, or a plot between Saudi Arabia and the USA to destroy Russia. We are dealing with a very serious crisis within the global economy that is by no means limited to Russia or oil.
We are witnessing the unraveling of the world economy because we have pervasive corruption in government with political manipulations that are only concerned about winning the next election. There is no plan here for the long-term.
Crude oil has two numbers we must now pay close attention to for year-end $75 and $57. A closing BELOW $57 warns that we are in serious trouble with oil and we may not see the final low until 2016-2017. The real critical level of support lies at $32. We should see this type of decline send crude back to retest the 1980 high of about $40 similar top gold retesting the $875 high of 1980. Welcome to the land of DEFLATION as all the promises of socialism with government taking care of you from cradle to grave is over and done with.
Consequently, additional proof that this is not limited to Russia is just open your eyes. There is a crisis in ALL EMERGING markets. As the dollar rises and commodities decline, this is part of the cycle that sets in motion the Sovereign Debt defaults.
Russia’s central bank raised its key interest rate to 17 percent in the early hours of Tuesday morning in an emergency move to halt a collapse in the ruble as oil prices decline and the country’s sanctions-hit economy slides towards recession. We are looking at a major decline within the world economy. This is part of Big Bang. We will produce a major and very serious report on this entire subject matter after the closing of 2014.
Is there any question that tomorrow is the most crucial FED meeting of the year?
Just look at ALL!! the mkts today and the past few days–they are going haywire–all over the map! I just got home and saw the DOW, yet again, has reversed off a 170 pt gain-now up 30 & the Naz down 17…except for some March options I’m nursing…I’m gonna be flat until the announcement…I gotta go with the idea that the 24 yr “virtuous circle” is still in effect for Gladstone Gander America…. and there will continue to be “heaven on earth” for every flavor and variety of paper denominated in U.S. dollars…the trend is your friend…
The spot $ is down 485 bps…go figger!
MM3
Sorry to disappoint, but so far Putin is the best chess player in the world and is ready to launch his first checkmate OR he is part of the plan to allow Russia to tank.
One thing we know for sure, whatever his “plan” it will be different than anything we’re hearing from the MSM.
Volatility is here and it appears the SM is worried about something and maybe the CME too.
Another surprise downturn of PM’s … Hey, have another peek
It seems Gold bugs are becoming the laughing “stock’ of the PTB. Even our former friends have left us in the dust. They are all becoming increasingly bearish at this (is it a midterm low only?), or is it a Little Counter Rallye in a secular bear trend.
I can only say Eff ’em, or did they tell you to get the hell out before hitting 1950 $/oz or almost 50 in ag., and they won’t tell you either when to go back in.
Meanwhile oil went down the drain – reasons galore, though potentially political explained away as either ecoonomics or even demography. Easy to understand, alas the TA’s, Cyclops, Fibones, Kontrads and now Algos know better: After all LTCM was based at the same Nobel Price winning eggheads, having in their aftermath now created some 700 Trillion plus derivative exposure – 10 plus times the global GDP, maybe the outer space will eventually offer some counterparty risk insurance for landing rights.
Even if the FED and ist international cohorts could be lauded to keep any virolent responses to a Minimum for now, it’s starting to gnaw at the edges.
While our Western “civilization” is dying, not only because of demographics the East is starting to eat our lunch. Impossible you say – then just fathom a Big Mac vs Sushi…for your health …
… And here we’re the US $ being the supreme go to financial asset as it always was in its term as global reserve currency … and even if it will go up more than ever anticipated – and yes, vis a vis what, it seems like a Charade …And the rest of the currencies in this System will join the Parade!
So whatever the endgame it has started to fundamentally destroy the the US $ Reserve Dollar Regime and will hopefully take its fascistoid , corporate financial and military power, together with its paid for government “against the People” with it to its total destruction. A necessity to rebuild the West, while the East has assembled all the Aces, and even golden Jokers to take over some of the responsilities the US has squandered in the past, including their reserve currency hegemony.
I’m not sure I’d want to be around to see some Resolution facing a global reset; I have NONE whatever indication that it won’t come.
Go figure – frr
Charts Showing Clear Evidence Of Bankers Losing Control Of Commodities
Here you can see the communistic price fixing control for the greater good, lasting from 1975 until 2005 when they finally LOST IT. Practically all the long term charts look the same.
Showing when the situation finally got to complicated for the banker bozos to manage. They had no business trying to control something so big and complicated as a global economy.
What they did to the economy, was like the farmer that kept adding saw dust to the horses oats story. He started at 10%, gradually worked it up to 90%. He was very proud until the horse died.
http://www.mrci.com/pdf/hg.pdf
eeos @ 9:49 Re Federal Reserve Is Winging It
I knew that a long time ago. I made many posts about it on G-Eagle forum. The problems for them were exposed or started back around 2001 when the Dow Gold ratio peaked and rotated.
The dopey/prices dollar was so high at 120, that Gold was $250, Copper at 46 cents. Steel was free. Futures Diesel was 42 cents, retail gasoline .99 cents with loads of taxes already on it etc etc. Silver .92 cents
When little George got in they raised tariffs on imported steel and lumber, and started dropping dopey/dollar down from 120 (prior strong dollar policy) to get prices higher or EVERY USA producer would have folded.
Long story, I said it all LONG ago. Dot com crash…..9/11/01 crash…..Then zero rates to pump the real estate and retail spending…..It worked until real estate crashed in 2007.
Then more baloney….Zero rates, again. Cash for clunkers, made US taxpayers give up $4000 for old bombs worth $800, and then made everybody buy a new imported Jap, German, Swede car etc etc. Everything got over bought.
The Corbett Report
Interview 981 – Larry Pinkney Explains How to Avoid Another Obama
https://www.youtube.com/watch?feature=player_embedded&v=lKpWPy9ZGTY
Ororeef
Generally people let out of jail before court are considered not a threat to society and may be innocent of charges but this guy was a threat and they let him out anyways. Suspected of killing his wife and not one but multiple sexual assault charges and violent persona that couldn’t even see his kids at least protected them after allegedly being involved in killing their mother. First they let him in that was perhaps not predicted but probably another agenda going on globally but then let him out of jail. Hopefully this will open they eyes of countries letting them in as well as deporting those who strive to implement their religious intolerance toward the country’s that let them in as well as breaking their laws. That’s much kinder than what they would do due to non Muslims who aren’t even making wars with their beliefs because of their intolerance to any religion than their own. Gotta question they claim to be devout Muslims but yet are seeking assilum from a Muslim country. Something wrong with that picture. Meanwhile hundreds of women captured as young as six being sold in the slave trade. Is that part of their religion too? Sick sick criminal violent type sex offenders and murders.
Gold Train
Up and Down… that’s what it takes to get over the mountains. Kinda like the Gold Train climbing thru the Blue Mountains of Oregon.
http://www.railpictures.net/viewphoto.php?id=509857
Ahh, come on BG, was hoping your ball said 1,2,3 and4
Better post the Xmas card again in case anyone missed it last night…
MM3
I honestly don’t know. I wonder how long he’ll let Wall Street kick his butt?
Makes me think he’s a NWO tool. I really don’t know but he has options other than war.
Let’s not forget
New CME volatility rules go into effect next Monday.
Looks like the volatility is starting early.
OK BG, what does your Russian crystal ball say now…
1. Putin take out Soros and a few other specs to get the message across?
2. East Ukie invasion, that gata help oil.
3. Sell all US forex, convert to gold?
4. Back oil and gas sales with even 20% gold?
Plates are spinning fast and Putin knows it’s time to go all in…might as well get destoyed under his own terms.
If your crystal ball needs a kyptonite recharge, I could always go with ipso’s magic 8ball…
glad to see Gold and Silver acting manic as usual
what a joke. There’s only one way to trade the metals and make money it seems