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olaf's globall finaancial website...ehm - [updaated dailly].
Ms Sans Serif
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[quote:Anonymous Coward 8915967:MV8xNjQ5MzE5XzMzODIxMTE0XzZDMEFFRThG] From an email today For over two years now, I've been warning that the 2008 Crash was just a warm up and that the REAL Crisis would occur when the stock market realized that the Central Banks, lead by the US Federal Reserve could NOT actually hold the financial system together. Well, the Crisis I've been warning about is here. Below is the chart of the S&P 500 since the day QE 3 was announced. As you can see, stocks are DOWN. Let that sink in for a moment... the US Federal Reserve has announced an unlimited program and stocks have FALLEN. The same is true in Europe where the ECB announced an unlimited bond buying and Europe's most troubled market: the Spanish Ibex has FALLEN. So... we've got both the Fed and the ECB, the two most important Central Banks in the world have announced unlimited money printing programs and the markets are DOWN. Now this doesn't mean that the markets will implode tomorrow or next week... but this is a MAJOR change of events that indicates the next round of the Great Crisis (the worse round) is well on its way. When it hits in full force, we're going to seeing major banks go under, market crashes, food shortages, government shutdowns, and SYSTEMIC FAILURE. Yes, I believe that before this mess ends, the financial system as a whole will have collapsed. What's coming is going to make 2008 look like a joke. Many people will lose everything in this mess. Yes, everything. The US is going to be defaulting on its debt, paper currencies around the world will fail. It's going to be a dark dark time. From Graham Summers [/quote]
ehm.......i can help now.
who has gold? atm
ehm....i sell it now.
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