• Same story, different day...........year ie more of the same fiat floods the world
  • There are no markets
  • "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

Seems Armstrong is buying into the Shemitah cycle...

917601

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#41
Forgot, back in April when I decided to post this thread......it is interesting the interviewer mentioned Armstrong was NOT aware of the cycle OR the historical Blood Red Moons......I bet he is now......as are many large investment firms and bankers. Armstrong bases his model on a 8.6 cycle.....he states government collapses occur with the number 4 ( as does Bible numerology) .....counting the upcoming Jubilee year makes 4 cycles....
Exciting times.....I will also comment on my noticed forum " nickname", " Numbers", that number has provided me with a very good living for 28 years.
 

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#43
The interviewer was mistaken on a few points. The one I caught is Armstrongs turning date, Oct 1st instead of 13 Sep. ( 13 Sep has another solar eclipse). The interviewer also mentioned 4/18/15 being significant to him. I am posting Armstrongs blog mentioning his take. Thanks.

ANSWER: No. Astronomy nor astrology are included in the model. Not that I infer they are worthless studies. Rather, I am not convinced that they are the SOURCE of events, yet may correspond to events merely as part of another cyclical force. In other words, they may be signs that correlate, but that would be another research project to see if there is any consistent value to forecasting.

That said, this is a group of four consecutive total lunar eclipses in 2014 and 2015 – a series known as a Tetrad – four successive total ‘blood-red’ lunar eclipses each followed by six full moons. The more interesting aspect of the coming Tetrad is that the date lines up with this peak in the Economic Confidence Model 2015.75 and is off only by 2 days in advance. Indeed, NASA has confirmed that the Tetrad has only happened three times in more than 500 years – 1493, 1949, and 1967. The frequency of Tetrads is variable over time because of cyclical complexity. According to NASA, this highly unusual ‘Tetrad’ will finish on September 28 2015. The incredible alignment has only happened a handful of times in the last two thousand years but, remarkably, on each of the last three occasions it has coincided with a globally significant event.

Looking at the phenomenon, over a five millennium span from 1999 BC to 3000 AD, the max number of eclipse Tetrads that can take place in any century is eight (8), which occurs this century. This is the Tetrad Season since the last time this took place was during the 9th century AD.

http://armstrongeconomics.com/2014/04/09/the-coming-tetrad-the-blood-moons/
 

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#45
There was no reason for people with Northern Rock savings accounts to panic, he added.".......

And the 29 Sep 2008 777.7 pt drop, lots of "7's", 700 billion, 777.7 point drop, 7 percent,
7 is the number of completion and perfection.
 

platinumdude

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#46
Just putting this out there just to keep a balance:





Edit, I am still watching this 7 year cycle to see what happens, which of course doesn't have to happen on any type of tetrad.
 
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917601

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#48
http://armstrongeconomics.com/2015/02/06/debt-forgiveness-the-seventh-year/

One does not have to be religious to find ancient texts that are curiously interesting advice with regard to history and economics. Of course the Ten Commandments states clearly that thou shalt not covet their neighbor’s goods. Yet, somehow “socialism” and “Marxism” is all about progressive taxation in every respect and taking from others their possession for personal gain. Fix your house and the city will tax you more because you improved your property. We have a progressive income tax. All such policies would violate the Ten Commandments and everything is geared toward punishing those who earn more than whoever runs government.

Then in Ecclesiastes 1:9 we have the interesting statement: That which has been is what will be, That which is done is what will be done, And there is nothing new under the sun. It would appear that this statement confirms that history indeed repeats.

Then we have Revelations 20:7 where its clearly identifies a cycle stating that the devil will be unleashed again after 1,000 years to start over. When the thousand years are completed, Satan will be released from his prison, and will come out to deceive the nations which are in the four corners of the earth, Gog and Magog, to gather them together for the war; the number of them is like the sand of the seashore. This describes a cycle.

Then when it comes to the problem we have with perpetual debts of nations, we find interesting advice. “At the end of every seven years you shall grant a remission of debts.” Deuteronomy 15:1, which is the manner of remission where every creditor shall release what he has loaned to his neighbor. This is the debt forgiveness directive every 7 years. It would seem that the way governments functions violates this very ancient principle.

These four statements are rather interesting. We find similar writings in just about every religion. So we are not talking about any religion in particular but rather ancient wisdom that has been handed down through the centuries.

Historically, society is destroyed by debt every time. The Jews were often persecuted not really for religion, but because they were the moneylenders. When people could not pay their debts, they suddenly discovered that the bankers were Jewish. Edward I of England had borrowed from the Jews extensively. When he could not repay them, he banished all Jews from England and they could not take any wealth with them.

Many times the Jews were persecuted because they could not be repaid. The Pope Gregory X (b 1210; 1271 – 1276) was the first Pope to issue an edict to protect the Jews. Christians and Muslims were forbidden to lend money for interest and thus the bankers were Jewish. The protestant Reformation was silently funded by the elite Christians who wanted to get into the banking industry. The Catholic sin of usury was abandoned in the Protestant Reformation and as such this is where we draw the line defining the birth of capitalism. It was the birth of Christian bankers.



The real interesting question is WHY did the Catholic Church effectively outlaw debt? It was regarded as evil for it was the collapse of the entire debt structure of Rome that weakened and ended the empire. While people rant about hyperinflation, they fail to grasp that in history it is NOT inflation that destroys empires, it is the collapse of debt.



The Catholic Church effectively replaced the government of the Roman Empire providing guidance and structure in the void that emerged. During the 5th century, the power of the Pope was not what it was in later centuries. Attila and his Huns were vanquishing city after city. The citizens of Rome were trembling in fear as Attila approached in 452AD. Pope Leo I presented himself to Attila and asked him not to destroy Rome. It is believed that Attila was impressed at his courage and spared Rome........
 

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#49
http://www.onenewsnow.com/features/...bamas-address-a-biblical-warning#.VNiQ_7K9KSN

"Ironically, President Barack Obama's State of the Union message declaring that "the shadow of crisis has passed" couldn't be further from the truth, says one New York Times bestselling author. He also contends that America's 143-year reign as the world's strongest economic force officially came to a close ... months ago.

Instead of the shadows lifting — as the president predicted on Tuesday night — the biblically savvy rabbi argues that they are just beginning to set in. He refers to ancient Israel's falling away from God's Word and soon-to-follow disintegration as a nation as a warning few Americans have heeded.

"Listening to the president's State of the Union address, I was reminded of ancient Israel," Rabbi Jonathan Cahn told WND. "The people (of Israel) convinced themselves that they were coming back stronger than before. And then it all collapsed, and the judgment came."

Of harbingers and Shemitahs

Cahn, whose book The Harbinger: The Ancient Mystery That Holds the Secret of America’s Future was a New York Times bestseller for more than 110 weeks, argues that America's rejection of God's Word is ushering in His judgments — a cause-and-effect that is thoroughly examined in his work.

The "harbingers" that Cahn mentions as signs of America's impending demise are typical of a post-Christian society — one that has turned its back on God and that will suffer the consequences.

Cahn also points to the current Shemitah year as a clear indication that America is in the midst of a plunge into obscurity. He describes the dynamics of the Shemitah in another one of his New York Times bestsellers — The Mystery of the Shemitah: The 3,000-Year-Old Mystery That Holds the Secret of America’s Future, the World’s and Future and Your Future! — alerting America of judgments in the past few months and months to come.

"The Shemitah comes once every seven years," WND's Leo Hohmann explains in his article. "In biblical Israel, it brought a canceling of debts, a resting of the land from sowing and reaping, and a resetting of financial accounts. The seven-year Shemitah cycle was meant as a blessing as long as the Israelites followed God and observed his ways, but it could manifest as judgment if the nation turned to its own devices and removed God from its culture and legal system."

"According to Cahn, the previous two Shemitah years the United States experienced took place from 2001-2002 (when the 9/11 Muslim terrorist attacks took place on Sept. 11) and 2007-2008 (when the historic stock market crash occurred sending the economy into a deep recession in Sept. 2008)......But ISIS isn't the only thing that can bring about a near-future judgment against the U.S., as Cahn's eyes will also be focused on the highest court in the land. It is scheduled to make a landmark decision well before the current Shemitah year comes to a climactic close late this summer on Sept. 13.....
 

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#50
The movie, the Four Blood Red Moons, March 23rd. You can see the trailer here.

'Four Blood Moons' Book by Pastor John Hagee Gets Big-Screen Treatment; Docu-Drama to Feature Expert Commentary From Dinesh D'Souza, Dennis Prager and David Barton."


I have been listening to Dennis Prager and David Bartons works( and radio show) for awhile, it should be good.


http://www.christianpost.com/news/f...dsouza-dennis-prager-and-david-barton-133584/
 

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#51
QWAK,917601,You don't count the dead :vollkommenauf: when GOD is on your side:shine: :thumbs_up: ---- the problem is the OTHER GUYS think GOD is on there side!:hahaha::confused_ma:

https://www.youtube.com/watch?v=_duPtoJgWP4

the DUCK :15_1_70v:
 

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#52
The movie, the Four Blood Red Moons, March 23rd. You can see the trailer here.

'Four Blood Moons' Book by Pastor John Hagee Gets Big-Screen Treatment; Docu-Drama to Feature Expert Commentary From Dinesh D'Souza, Dennis Prager and David Barton."


I have been listening to Dennis Prager and David Bartons works( and radio show) for awhile, it should be good.


http://www.christianpost.com/news/f...dsouza-dennis-prager-and-david-barton-133584/
Pator Hagee is probably our (Mr. and Mrs. Treetop) favorite YouTube pastor. We listen to him every week. I wish we lived closer to San Antonio, so we could attend his Cornerstone Church in person.

I have his book The Coming Four Blood Moons. It's an excellent read. Tt.
 

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#53
Most of us Shemitah watchers saw the oil prices behave exactly in tune with the last 2 Shemitahs, now this....7 more months....seems to be getting clearer every day.

"Guess What Happened The Last Time The U.S. Dollar Skyrocketed In Value Like This?…..

Over the past decade, there has been only one other time when the value of the U.S. dollar has increased by so much in such a short period of time. That was in mid-2008 – just before the greatest financial crash since the Great Depression. A surging U.S. dollar also greatly contributed to the Latin American debt crisis of the early 1980s and the Asian financial crisis of 1997. Today, the globe is more interconnected than ever. Most global trade is conducted in U.S. dollars, and much of the borrowing done by emerging markets all over the planet is denominated in U.S. dollars. When the U.S. dollar goes up dramatically, this can put a tremendous amount of financial stress on economies all around the world. It also has the potential to greatly threaten the stability of the 65 trillion dollars in derivatives that are directly tied to the value of the U.S. dollar. The global financial system is more vulnerable to currency movements than ever before, and history tells us that when the U.S. dollar soars the global economy tends to experience a contraction. So the fact that the U.S. dollar has been skyrocketing lately is a very, very bad sign.

Most of the people that write about the coming economic collapse love to talk about the coming collapse of the U.S. dollar as well.

But in the initial deflationary stage of the coming financial crisis, we are likely to see the U.S. dollar actually strengthen considerably.

As I have discussed so many times before, we are going to experience deflation first, and after that deflationary phase the desperate responses by the Federal Reserve and the U.S. government to that deflation will cause the inflationary panic that so many have written about.

Yes, someday the U.S. dollar will essentially be toilet paper. But that is not in our immediate future. What is in our immediate future is a “flight to safety” that will push the surging U.S. dollar even higher.

This is what we witnessed in 2008, and this is happening once again right now.

Just look at the chart that I have posted below. You can see the the U.S. dollar moved upward dramatically relative to other currencies starting in mid-2008. And toward the end of the chart you can see that the U.S. dollar is now experiencing a similar spike…

http://theeconomiccollapseblog.com/...d-last-time-u-s-dollar-skyrocketed-value-like
 

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#54
Another credit crisis article, worth reading.

"The global financial system stands on the brink of second credit crisis

The world financial system stands on the brink of a second credit crisis as interbank lending shows increasing risk

The world economy stands on the brink of a second credit crisis as the vital transmission systems for lending between banks begin to seize up and the debt markets fall over. The latest round of quantitative easing from the European Central Bank will buy some time but it looks like too little too late.



The second global credit crisis is now already unfolding in China some 6,800 miles away from the epicentre of the first in the US. The bonds of Chinese real estate companies are now falling like dominoes. Kaisa, a Shenzhen-based, Hong Kong-listed developer that raised $2.5bn on international markets had to be bailed out by rival group Sunac last week after it defaulted onits debts. The bonds of other Chinese real estate groups such as Glorious Property and Fantasia have also sold off heavily as the contagion spreads.

Chinese authorities have responded to try and contain the situation. The People’s Bank of China introduced a surprise 50-point cut in the Reserve Requirement Ratio (RRR) from 20pc to 19.5pc. But this misses the point, the credit system in China is completely unsustainable unless new money is printed every year to refinance the old, simply tinkering to ease liquidity won’t cut it.

The strain in its banking system is highlighted by the elevated levels of the Shanghai Interbank Offered Rate (SHIBOR), which shows Chinese banks are worried about lending to each other.

There is no schadenfreude in watching China unravel. The idea that this is an isolated incident is laughable, remember the very same was said of US subprime. The problem is that banks such as Standard Chartered and HSBC have both rapidly increased their lending operations in Asia since 2008.

http://www.telegraph.co.uk/finance/...nds-on-the-brink-of-second-credit-crisis.html

The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next?

Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China on January 31st? We are being told that this could lead to a cascading collapse of the shadow banking system in China which could potentially result in “sky-high interest rates” and “a precipitous plunge in credit“. In other words, it could be a “Lehman Brothers moment” for Asia. And since the global financial system is more interconnected today than ever before, that would be very bad news for the United States as well. Since Lehman Brothers collapsed in 2008, the level of private domestic credit in China has risen from $9 trillion to an astounding $23 trillion. That is an increase of $14 trillion in just a little bit more than 5 years. Much of that “hot money” has flowed into stocks, bonds and real estate in the United States. So what do you think is going to happen when that bubble collapses?

http://theeconomiccollapseblog.com/...ting-to-collapse-global-financial-crisis-next

Europe’s revolt isn’t just in Greece or Spain

WASHINGTON (MarketWatch) — Greek voters crowded into Athens’ Syntagma Square to celebrate the landslide election of the leftist Syriza party last month, just as they had the victory of the center-left Pasok party in 1981, which ushered in Greece’s first leftist government after it threw off military dictatorship in 1974......


Read more at http://investmentwatchblog.com/the-...ion-in-currency-derivati/#cjv2kEfAKBmS80l8.99
 

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#57
I do not expect an atomic financial implosion. The last two 29 Eluls resulted in an accelerated " fall", not an immediate collapse. As in the past, it will be one chain of events after another...with increasing intensity and frequency. Confusion and disbelief will surrender to panic and fear.
 

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#58
What about the POG?
If as in the last meltdown, I expect a lot of gold selling to raise funds just to stay afloat. I really do not see gold sky rocketing until the dust settles. I have to admit, I side with Armstrong on this, his cycle computer does not see huge moves up until 2016, in fact, he is back to his gold bashing comments.....
 

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#59
FWIW.

Derivatives Triggered Complete Financial Collapse to Usher in the Tribulation & A Global Currency in Fall 2015?

Submitted by Marshall Swing:


Look who is coming to town on September 23/24, 2015:

http://www.washingtontimes.com/news/2015/feb/5/pope-francis-address-us-congress-september/

You really have to see this video of Speaker of the House John “Boner” announcing “his holiness” coming to Washington!

Shades of “Mr. Smith Goes To Washington”?

You had better believe Joe and Barack will be in Congress for that prophetic session! Their buddy from Rome is also holding a “family” conference in Philadelphia while he is stateside and the “Day of Atonement” just happens to be right smack middle in his conference. Apparently, they do not have the intention of giving Benjamin Netanyahu the time of day at his address to Congress coming up in March. Israel is being led to the gallows exactly as it is written in the prophecies.

You see, the real story coming is not about a financial collapse at the Shemitah, nor is it about a blood moon on September 28, nor is it about a “pope” addressing Congress. The real story is the start day of Daniel’s 70th Week,

http://endtimepilgrim.org/

https://www.youtube.com/playlist?list=PL6483B6E161161915&feature=plcp

which I believe will begin in 2015.

Daniel’s 70th Week kicks off an unprecedented time in the His-Story of man where events, plagues, death, and horror are commonplace and unlike anything seen in the Crusades or Inquisitions, or any of the World Wars or regional wars seen over the history of man.

I have put my friend Dr. Gavin Finley, an anesthesiologist from Pensacola, FL in the spotlight today and for the duration. My friend in Florida does not tell you when the start date is as that is my job.

In my humble opinion, Dr. Finley understands history better than anyone I have ever read or met. It is one thing to know a lot of facts, as do most historians, but it is quite yet another to be able to place them in historical context based on Truth and reality. Gavin does this very well and is getting better at it every day and week that passes. Those of you who like mystery thrillers and know how to read would enjoy spending some time reading this short series on the who, what, where, and why: http://endtimepilgrim.org/puritans.htm

That little series almost gives you a complete understanding of what has really happened for 2,000 years and is better than you can get anywhere else!

On economic analysis, we have great writers here at SilverDoctors saying this and that about Grexit and Russia and the like, as well as currency devaluations and while those things are happening they are not the events that are going to collapse the world’s economies and usher in the one world government and the one world currency. They are but match sticks indicating a very large fire is possible. That fire IS coming.

No, the moment is reserved for a special time and place of God the Father’s choosing. It is His clock and timetable and it is ticking down rapidly. Yes, I am putting the blame for this event to come squarely on the shoulders of YHVH God in Heaven who created everything we see, feel, touch, hear, and breathe.

There is an event that happened in the Bible where we are told He raised up the Chaldeans to bring persecution and enslavement upon Israel because they refused to keep His Laws. And, it is historical fact it happened and they found themselves in Babylon, dispersed for many decades, away from their homeland, desolate, and separated from Him, for a time. That is written in the historical records, not just the Bible. It was there the prophet Daniel issued the timetable of the end of the age of 6,000 years.

Well, the very same types of things are happening again in these last days where events are culminating is a great financial collapse, followed by an authoritarian one world government for 1260 days, then 1290 days of absolute terror all over the world, followed by the wrap up we see in Ezekiel.

Yes, Russia is buying lots of gold and that gold may serve them well in the next economy but they and China and Saudi Arabia are not going to get to bring the West to its knees by demanding gold, silver, and hard assets for oil, gas, and manufactured goods thereby taking over as the leading economic countries of the world and throwing the naked Emperor off his fiat throne.

No.

What is going to happen is the Emperor will be given unprecedented power and nobody, repeat, nobody will be able to make war with him as he will control all the gold, silver, and hard assets according to his plan and will for it will be given to him so he can control the world for a short time. Just like the Chaldeans did.

What we are going to see in the 7 month run up to these events is the escalation of tension. Major tensions!

If Karen Hudes is anywhere close to correct in what she says the U.S. has sitting in Hawaii, after the economic collapse, the minion in charge of the White House will be calling all the shots when the leaders of the economic world begin holding meetings on how to restore trade AND ORDER OUT OF CHAOS throughout the countries of the world after all the world’s currencies have failed.

Speaking of gold and silver, we had a dramatic raid last week on Friday morning sort of coinciding with “great” (suspect) unemployment numbers that are used to brainwash the masses into their support of economist in chief, of evolution. Good times, eh?

If we look at the numbers, realizing they are somewhat obfuscated by the raid in the COT Week followed by the re-positioning exercise I pointed out (last week) on Tuesday of the COT Week, we see in silver we see an absolutely amazing new 6,046 new contracts where Commercials picked up 5,099 new longs into declining price (hint, hint). The aggregate numbers do not reveal the Thursday raid until you look at the disaggregated COT numbers and see both Producer Merchant and Swap Dealers covering shorts all the way down and buying longs at or near the bottom. Next comes the repositioning exercise on Tuesday where they probably unload a certain number of longs at or near the highs for great profit. Remember the numbers are quite obfuscated since there are two separate and different types of operations going on over 4 days. That is why I threw up the caution flag last week against purchasing options at that time. Too close to call when the numbers are not out to justify options purchases.

Therefore, if Commercials picked up a ton of new longs on the way down on Thursday it is the Speculators who probably picked up the short side of those bets but we cannot be sure who got all of them. We do see on the disaggregated COT that between Managed Money and the nonreportables (Small Speculators) they picked up over 3,000 new shorts and still had them at the COT close on Tuesday afternoon. Price did continue to drift upwards on Wednesday so maybe they relinquished the remainder of those shorts then, bought new longs in the frenzy and were subsequently trashed on Thursday and Friday’s raids?

In gold, we see the ravages of betting against the Commercials in that these numbers hardly bear comparison to the silver numbers at all. I frequently talk about congruencies and in-congruencies and these gold numbers are difficult, at best. We see in gold the massive reduction in open interest that I reported last week from the dailies and it is all across the board showing the reduction of 18,755 contracts .

Until we look at the disaggregated numbers, we do not see the carnage of managed money losing 5,800 longs (far more than that I imagine) because of repositioning. This was a classic Commercial rape, pillage, and sack.

BUT, look at the huge accumulation of shorts the Swap Dealer retains at the end of the COT Week. That is the basis of the raids we saw on Thursday and Friday.

Collectively, the Producer Merchant and the Swap Dealer wind up the COT week with 2,427 and 2,839 new longs and I am willing to bet here and now they have not shelled those new longs into the declining price we see since the end of COT.

They do not buy 5,266 longs to sell into declining price…

So, I will make a safe bet and say we can expect to see a price rise somewhere in the near future as fear grips the markets due to some world event that causes capital to come home to the West and more specifically the U.S.!

Addendum*****

Since finishing this report, I thought to check the dailies and see that on Monday the close in gold was down almost another 20K contracts in total open interest and as of right now that number stands at 393,232. Subtracting that from the Total OI at COT Close we see another 26,292 gold contracts gone, decimated, obliterated, smoked:

I like to say POOF, up in smoke.

Nothing up my sleeve!

The left hand does not know what the right hand is doing…

I had a funny conversation with AGXIIK the other day and he used my phrase poof but wrote it something like “PUFF, up in smoke” being a play on Puff the Magic Dragon (song is about weed) and also mentioned Mickey Mouse as Sorcerer’s Apprentice.

We definitely have the Sorcerer’s Apprentice Federal Reserve Mickey Mouse Commercial’s taking everyone to the cleaners while most of the world is drinking the coolaid with Puff the Magic Dragon…

Stay thirsty for physical metal my friends,

Marshall

http://www.silverdoctors.com/deriva...e-tribulation-a-global-currency-in-fall-2015/
 

platinumdude

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#60
No one know that exact day or hour. Something to watch for, but don't get your hopes up. It could turn out to be a nothing year, or it could be the big one.
 

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#61
Sept 29 2008-29 Elul 2008

The United States House of Representatives rejects a proposed bailout of the U.S. financial system.(Associated Press) (New York Times) (MarketWatch)
Head of the Swedish National Debt Office Bo Lundgren says that the $700 billion U.S. financial industry bailout is based on too-optimistic valuations, and may not be enough to restore confidence in the financial system. (Dagens industri)
The German government and private banks inject 35 billion Euros into the struggling Hypo Real Estate, a bank that is heavily involved in the real estate business. The bank had been struggling because its Irish subsidy Depfa Bank had suffered massive losses during the subprime mortgage crisis. The HRE is the first company from the DAX that had to be rescued by the government in recent memory. (Handelsblatt.com)
Brazil's stock market had its worst one-day plunge in almost a decade, the São Paulo Stock Exchange sank 9.36% to 46,028.06 points, its steepest drop since 1999. (Reuters)
Russian RTS falls 7,1%, MICEX 5,5%, as investors sell off assets on emerging markets on concerns that the U.S. government's bailout plan will not be enough to stem the financial crisis caused by the U.S. housing bubble. (MarketWatch)
Citigroup acquires the banking operations of Wachovia, the troubled Charlotte, N.C.-based bank. Under the agreement, Citigroup will absorb up to $42 billion of losses on a $312 billion pool of loans, while the U.S. Government will take losses beyond that. (MarketWatch)
The Government of Iceland takes control of the country's number three bank, the struggling Glitnir Bank (Reuters) (International Herald Tribune)
The British Government confirm that the mortgage and loans components of Bradford & Bingley will be nationalised, whilst the company's savings operations will be sold to the Spanish banking group, Grupo Santander. (BBC News) The financial crisis around Europe deepened with the nationalization of Fortis and a cash infusion from the Benelux states amounting to €11.2 billion.
Intervention is needed to support the US's Wachovia, Britain's Bradford & Bingley, Iceland's Glitnir, Germany's Hypo Real Estate and the Belgian-Dutch group Fortis, following on from the Subprime mortgage crisis. (Sources as already listed)
The Dow Jones Industrial Average has the biggest intra-day decline in its history as it drops by 777 points. (NY1).

Sep 17, 2001, 29 Elul 2001

- The New York Stock Exchange reopens for trading after the September 11 attacks, the longest closure since the Great Depression.
-September 17, 2001: New York Stock Exchange Reopens; Economic Costs of Attack Are High
The New York Stock Exchange, closed since the 9/11 attacks, reopens. During the next five days, the Dow Jones drops nearly 2000 points, but then soon rebounds to above pre-9/11 levels. The attacks caused more than $20 billion in property damage to buildings in New York City and Washington. According to one estimate, the work stoppage and other loss of economic output costs about another $47 billion, making the attacks the costliest man-made disaster in US history. [ABC NEWS, 9/10/2002]
 

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#63
Good information, much that has been forgotten. "They" have since implemented new rules that have gone unnoticed.The money market doors are now shut, new stock exchange rules, and even the NCUA (credit unions) slipping in the statement "We can require a 90 day, written notice to withdraw all funds" disclosure…..last year the new international money wire transfer system was put into place,you now require "approval"…..much posted on all those changes…..I think they are "ready"….the sheep are not. Exciting times.
 

Kyler

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#64
Armstrong will admit that this coming cycle seems to coincide with the current Shematah cycle, but he doesn't attribute any religous value to it. Also his view is that most likely the bond bubble is going to burst in the q4 timeframe and this may cause a flight into equities further propeling the stock market higher into the end of the year.

Don't know if that fits you're, "GOD is raining financial ruin upon the world because we forgot to praise him", theory or not.
 

917601

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#65
Armstrong will admit that this coming cycle seems to coincide with the current Shematah cycle, but he doesn't attribute any religous value to it. Also his view is that most likely the bond bubble is going to burst in the q4 timeframe and this may cause a flight into equities further propeling the stock market higher into the end of the year.

Don't know if that fits you're, "GOD is raining financial ruin upon the world because we forgot to praise him", theory or not.
Only that God is in control, and has exhibited throughout history, countries that turn from him have that blanket of protection lifted....as for Armstrong, he often injects Biblical history and cycles in his blogs.
 

917601

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#66
Armstrong will admit that this coming cycle seems to coincide with the current Shematah cycle, but he doesn't attribute any religous value to it. Also his view is that most likely the bond bubble is going to burst in the q4 timeframe and this may cause a flight into equities further propeling the stock market higher into the end of the year.

Don't know if that fits you're, "GOD is raining financial ruin upon the world because we forgot to praise him", theory or not.
.......
 

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#67
Just another link pointing to the divîne " cycle"....

http://www.silverdoctors.com/if-you...g-us-what-is-going-to-happen-next/#more-50782

"As you will read about below, the big banks are warning that the price of oil could soon drop as low as 20 dollars a barrel, that a Greek exit from the eurozone could push the EUR/USD down to 0.90, and that the global economy could shrink by more than 2 trillion dollars in 2015. ............If that happens, we could see a massive implosion of the 26 trillion dollars in derivatives that are directly tied to the value of the euro.

We are moving into a time of great peril for global financial markets, and there are a whole host of signs that we are slowly heading into another major global economic crisis.

So don’t be fooled by all of the happy talk in the mainstream media. They did not see the last crisis coming either.."....... ( but the studiers of the divine cycle do).
 

Kyler

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#68
Only that God is in control, and has exhibited throughout history, countries that turn from him have that blanket of protection lifted....as for Armstrong, he often injects Biblical history and cycles in his blogs.
He does often interject biblical history, I guess it never struck me that he was sighting religion as the cause of the changes, but just an example that nothing changes over time because human nature hasn't changed over time.

Why can't Buddha be in control instead of the Christian God, he seems way more in tune with nature and cycles and how to deal with them rationally, and Buddhist's aren't so full of themselves, they are like the Libertarians of religion!
 

Goldhedge

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#69
If it's prophecies, perhaps some bodies are planning it out to happen as prophesied...?


They planned the 1929 crash and if you look into it, they've planned every depression prior to that...
 

optionT

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#70
If as in the last meltdown, I expect a lot of gold selling to raise funds just to stay afloat. I really do not see gold sky rocketing until the dust settles. I have to admit, I side with Armstrong on this, his cycle computer does not see huge moves up until 2016, in fact, he is back to his gold bashing comments.....
In his latest article he states that the POG should test the old 1980 high or possibly testing the Yearly Bearish Reversal at $680 before things turn around.
 

917601

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#71
In his latest article he states that the POG should test the old 1980 high or possibly testing the Yearly Bearish Reversal at $680 before things turn around.
....which would really validate Shemitah, everything is " let to fall", gold, silver, fiat, bonds, stocks, every single financial instrument....
No one escapes? Free haircuts for everyone.....
 

Kyler

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#72
....which would really validate Shemitah, everything is " let to fall", gold, silver, fiat, bonds, stocks, every single financial instrument....
No one escapes? Free haircuts for everyone.....
Honestly, name the event that could occur that would disuade you of devine economical intervention?
 

platinumdude

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#73
Since everyone is talking about it, I don't see it happening, at least to that exact timing. It could end up crashing earlier, or maybe not until next year or even later. The only thing I'm going to follow is that Bible verse about being diversified. I have enough gold, so I'm adding to cash and still buying stocks.
 

917601

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#74
Do not be shy, here it is:

Ecclesiastes 11:2 NIV

"Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land..."

It has always been good advice, and sometimes not completely understood. I take it to heart, I also " invest" in people, gifting and helping others insures you will also receive a return when needed....

King James:

"Give a portion to seven, and also to eight; for thou knowest not what evil shall be upon the earth"

...1Cast your bread on the surface of the waters, for you will find it after many days. 2Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth. 3If the clouds are full, they pour out rain upon the earth; and whether a tree falls toward the south or toward the north, wherever the tree falls, there it lies.…


Henry's commentary:

Solomon presses the rich to do good to others. Give freely, though it may seem thrown away and lost. Give to many. Excuse not thyself with the good thou hast done, from the good thou hast further to do. It is not lost, but well laid out. We have reason to expect evil, for we are born to trouble; it is wisdom to do good in the day of prosperity. Riches cannot profit us, if we do not benefit others

Pulpit commentary:

Give a portion to seven, and also to eight. This further explains, without any metaphor, the injunction of beneficence in ver. 1. Give portions of thy "bread" to any number of those who need.
 

Ebie

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#75
In his latest article he states that the POG should test the old 1980 high or possibly testing the Yearly Bearish Reversal at $680 before things turn around.
Old 1980 high? Does he mean $850?
Interesting, the present mini slump from 1300 was probably due to paper manipulation.
 

917601

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#76
Old 1980 high? Does he mean $850?
Interesting, the present mini slump from 1300 was probably due to paper manipulation.
According to Mister Armstrong, there is no manipulation.He is first and foremost a " money historian", anti-gold, and I find it interesting he never did surrender his huge ancient gold collection when ordered to do so.....what to think? No comment.

Quote, ".....So I spend vast sums of money to reconstruct the world monetary system from inception....."
 
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Ahillock

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#77
According to Mister Armstrong, there is no manipulation.He is first and foremost a " money historian", anti-gold, and I find it interesting he never did surrender his huge ancient gold collection when ordered to do so.....what to think? No comment.
I haven't followed Armatrong for long, but some say his view now is different than what it was prior to going to prison and being released.
 

917601

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#78
I haven't followed Armatrong for long, but some say his view now is different than what it was prior to going to prison and being released.
True, I can go into detail but do not want to feed the conspiracy types.....briefly , " some" say DOJ cut a release deal with him to demonize gold....viewing his extreme anti-government stance I personally do not believe it. I personally expect him to suddenly " disappear" one day.
 

917601

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#80
I guess that bible verse with the investing in 7 places, is really about giving then.
Not at all, Biblical wisdom is how one statement covers many spectrums. Dig deeper. You can invest in many things, your children, people, stocks, real estate, gold, .......investments are to give a " return"....that electronic stock holding will never be able to hand you a bag of rice when you are hungry.

Investment: The definition of invest is to put valuable resources into something that you expect will give you a personal or financial gain.

That said, I personally have changed my " investment" strategy the past few years....less into " things", more into people. Good topic for a seperate dedicated thread.