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GAME OVER! The Wheels Fall Off Q1-2014. EBT Terminates! TBTF Banks Fail!

 
Anonymous Coward
User ID: 48151536
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10/25/2013 12:35 AM
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GAME OVER! The Wheels Fall Off Q1-2014. EBT Terminates! TBTF Banks Fail!
lflashlflashlflash
newsflash
14000...$
13500....$
12000.....$
11500......$$$$$$$$$
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10000........................$
09500.........................$
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08500...........................$
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06500...............................$$$$$$$$$$$$$$$$$$$$$$
06000........................................................​...............$$$$$$
Anonymous Coward (OP)
User ID: 48151536
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10/25/2013 12:52 AM
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Re: GAME OVER! The Wheels Fall Off Q1-2014. EBT Terminates! TBTF Banks Fail!
Excerpt:


"China smiles & buys
In effect a war, a financial war, is underway between the Wall Street giant banks and their close allies, including the major City of London banks and banks like Deutsche Bank on the one side, using paper gold derivatives trading in the unregulated COMEX, with covert support of the US Treasury and Fed. On the other side are real investors and Central Banks who believe that the world financial system, especially the dollar system, is teetering on the brink of disaster and that physical gold is the historical best safe haven in such a crisis.

Here, the recent buying of gold reserves by several central banks including Russia, Turkey and especially China, are notable. The short-term derivative gold price manipulations by JP Morgan and Goldman Sachs are creating smiles at the Peoples’ Bank of China and the Russian Central Bank among other buyers of physical gold. Since 2006 Russia’s central bank has increased its gold reserves by 300 percent.

Now, the Chinese central bank has just revealed data showing that China imported 131 gross tons of gold in the month of August, a 146 percent increase compared to a year prior. August was the second highest gold importing month in its history. More impressively, China has imported more than 2,000 tons of gold in the past two years. According to a 2011 cable made public by WikiLeaks, the Peoples’ Bank of China is quietly seeking to make the renminbi (the yuan) the new gold-backed reserve currency.

Hmmmm."





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Anonymous Coward
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10/25/2013 01:01 AM
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Re: GAME OVER! The Wheels Fall Off Q1-2014. EBT Terminates! TBTF Banks Fail!
Glen Kealey predicted that America would be taken down and the money would be sent back to China and India before Obama took office. I wish everyone take the following interview seriously.

[link to archive.org]

Anonymous Coward (OP)
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10/25/2013 01:01 AM
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Re: GAME OVER! The Wheels Fall Off Q1-2014. EBT Terminates! TBTF Banks Fail!
Excerpt:

"We have been living under the current financial system (in one guise or another) since the end of the Napoleonic Wars (1803–1815). This system has triumphantly expanded debt slavery into every corner of the globe with stealth. Sure, the majority of people (today) get to move and live freely within national borders, sometimes across borders, but we are most definitely born within a system which others own and control"



[link to twoshortplanksunplugged.blogspot.com.au]
Anonymous Coward (OP)
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10/25/2013 01:05 AM
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Re: GAME OVER! The Wheels Fall Off Q1-2014. EBT Terminates! TBTF Banks Fail!
Excerpt:


The Growing Rift With Saudi Arabia Threatens To Severely Damage The Petrodollar


"The number one American export is U.S. dollars. It is paper currency that is backed up by absolutely nothing, but the rest of the world has been using it to trade with one another and so there is tremendous global demand for our dollars. The linchpin of this system is the petrodollar. For decades, if you have wanted to buy oil virtually anywhere in the world you have had to do so with U.S. dollars. But if one of the biggest oil exporters on the planet, such as Saudi Arabia, decided to start accepting other currencies as payment for oil, the petrodollar monopoly would disintegrate very rapidly. For years, everyone assumed that nothing like that would happen any time soon, but now Saudi officials are warning of a "major shift" in relations with the United States. In fact, the Saudis are so upset at the Obama administration that "all options" are reportedly "on the table". If it gets to the point where the Saudis decide to make a major move away from the petrodollar monopoly, it will be absolutely catastrophic for the U.S. economy."












[link to www.zerohedge.com]
Anonymous Coward (OP)
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10/25/2013 01:08 AM
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Re: GAME OVER! The Wheels Fall Off Q1-2014. EBT Terminates! TBTF Banks Fail!
Excerpt:



"In fact, if the whole world is holding its breath before this pathetic game of the US elite; it’s not out of compassion, it’s to avoid being swept away in the fall of the world’s first power. Everyone is trying to free itself from American influence and let go of a United States permanently discredited by recent events over Syria, tapering, shutdown and now the debt ceiling. The legendary US power is now no more than a nuisance and the world has understood that it’s time to de-Americanise"





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