The economic problem is this: Updated last page 17 | |
Kingman-Art (OP) User ID: 21062817 United States 09/08/2012 09:09 PM Report Abusive Post Report Copyright Violation | obama and his crew are the huge crowbar that is shorting out any possibility of recovery. "According to the Competitive Enterprise Institute’s Wayne Crews, regulation’s “hidden cost” has ballooned to $1.8 trillion on an annual basis. Think about that for a moment: the price of various rules and barriers to production foisted on job-creating businesses is over half as much as our extraordinarily bloated federal government each year. This is both incredibly wasteful and economically ruinous." [link to www.forbes.com] I guess the democrats just love voting for unemployment, for it makes them feel less guilty when they collect the handouts. |
Anonymous Coward User ID: 23425513 United States 09/08/2012 11:01 PM Report Abusive Post Report Copyright Violation | |
GFX guy User ID: 9776422 United States 09/08/2012 11:15 PM Report Abusive Post Report Copyright Violation | Gimme a break... I disagree with the update on this page OP. ...and I quote: “Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile. Once a nation parts with control of its currency and credit, it matters not who makes that nation's laws. Usury once in control will wreck any nation.” - William Lyon Mackenzie King, 10th Prime Minister of Canada, 1935. Can you say, "Banksters"..? The above quote is their oath. Link: [link to www.wichaar.com] |
Kingman-Art (OP) User ID: 21062817 United States 09/10/2012 08:05 PM Report Abusive Post Report Copyright Violation | "We are currently living in a window of opportunity, a time when gold and especially silver is an affordable investment for most people. But the time is soon coming when this will no longer be so." The Future Killing Fields Of Private Wealth: The Global Bond Markets - Mark J Lundeen 8 September 2012 [link to www.gold-eagle.com] |
Kingman-Art (OP) User ID: 21062817 United States 09/13/2012 02:41 PM Report Abusive Post Report Copyright Violation | 9/13/2012 early AM - Ben Bernanke and the FOMC (voted 11 for 1 against) to $40 billion a month to buy up all the Mortgage backed Securities, and to continue to do so until the employment picture improves. The following article was penned 5 days before the announcement was made. A concluding quote from the article: "Gold and Silver broke decisively above the year-long descending triangle's upper boundary Friday, suggesting Gold is headed for new all-time highs over the coming months, with Silver headed sharply higher. Precious metals smell world Central Bank concerted debasing of fiat currencies, which is bullish for these markets." The Fed & QE3: What This Means For Markets Robert McHugh, Ph.D. 8 September 2012 [link to www.gold-eagle.com] So with Benarke's Buffons doing the expected and along with the bailout of Greece which breaks the "no bailout article" of the Treaty, everything is now set for the lockup of the K-waves to begin. One hell of a global economic Katrina is on it's way. |
GFX guy User ID: 9776422 United States 09/14/2012 09:36 PM Report Abusive Post Report Copyright Violation | |
Kingman-Art (OP) User ID: 21062817 United States 09/18/2012 06:52 PM Report Abusive Post Report Copyright Violation | "The government's liquidity shot promptly boosted gold and gold stocks, as investors sought the protection of the precious metal as a real store of value. You can see below the strong correlation between the rising U.S. monetary base and growing gold value. Since the beginning of 1984, as money supply has risen, so has the price of gold." All Signs Pointing to Gold By Frank Holmes CEO and Chief Investment Officer - U.S. Global Investors [link to www.gold-eagle.com] Here is Frank Holmes explaining Gold Price Makers and Gold Price Takers to Kitco News. [link to www.youtube.com] So your takeaway lesson is that the metals can move up or down 15% in any given year. Furthermore: "The open secret in the financial world is that governments discourage the use of gold as money for its citizens, but in fact they trade in it through their central banks and treasuries. According to the the US Treasury Dept, US Treasury holdings of gold are 261 mm ounces, and the Fed’s holdings were 13.5 mm ounces as of July 2012. Led by governments such as India and China, central banks as a group have been snapping up gold more recently at a staggering pace — increasing their holdings of gold from 156 metric tons to more than 400 metric tons in only 12 months (ending March 31, 2012). Note well, this is a sharp change in behavior from persistent government selling of gold stocks over the past four or five decades. Even the IMF has just reversed a long standing policy of gold liquidation to purchase about 44 metric tons." Gold Investing: What is the “Barbarous Relic” Really Worth? [link to blogs.cfainstitute.org] Last Edited by Kingman-Art on 09/18/2012 08:39 PM |
Kingman-Art (OP) User ID: 21062817 United States 10/07/2012 09:19 PM Report Abusive Post Report Copyright Violation | But the panic frightened half of Americans into voting for Barack Obama, a man who had openly campaigned on a Marxist and Socialist platform. He wanted to divide America with venomous class-warfare rhetoric and envy, and then steal the fruits of the productive to bribe the lazy for votes. Fed QE and Gold, Silver [link to www.gold-eagle.com] |
Kingman-Art (OP) User ID: 21062817 United States 11/01/2012 03:43 PM Report Abusive Post Report Copyright Violation | The QE & ZIRP assure the breakout to new highs. However, the Allocated Gold Account scandal will assure the Gold price reaches $5000 and the Silver price reaches $200. The scandal has begun. The stage is set. The official Gold Accounts from foreign nations have been taken. Choose your word: improperly used, illicitly seized, illegally stolen, desperately hypothecated. The point is that national gold treasures held in London and New York have vanished over the last 20 years, a process begun with the Clinton-Rubin Admin, continued with the Bush-Paulson Admin, defended by the Obama-Geithner Admin. The names of the administrations must include the Goldman Sachs representative in charge of the USDept Treasury, the guy with the stealing rights, as my friend in Reno colorfully calls it. Full article here: [link to www.gold-eagle.com] I have reason to think that $5K gold and $200 silver is way, way, to low. |
Kingman-Art (OP) User ID: 21062817 United States 11/30/2012 06:10 PM Report Abusive Post Report Copyright Violation | "For the US economy to return to its 2007 level, the private sector would have to grow by 40% while public spending remains constant. Thus an extraordinary amount of real growth in private wealth would be needed to fix the situation, even while making the improbable assumption that the government would agree not to increase spending one dime in real terms. America fell into the math trap, and is stuck in it right now. And it is likely to dominate the factors that determine long-term stock market returns for decades - even if few people yet recognize the extraordinary significance of what was hidden beneath the surface of a supposed minor 2% decline in GDP between 2007 and 2009. " The two links below explain to you the REASON WHY 40% is needed along with a absolute total cap on any increased government spending at federal, state, county, and local level. Part 1 - [link to www.gold-eagle.com] Part 2 - [link to danielamerman.com] So ... You need both private money 40% growth and; a public money cap at all levels. Harry Reid and crew is stopping the cap on public money, so you will get CHANGE that you can feel. |
Kingman-Art (OP) User ID: 21062817 United States 12/12/2012 09:34 PM Report Abusive Post Report Copyright Violation | This article has a chart showing the real rate of return for GOLD from 2003 to 2012. It beats all other investments. Saving Gold Old reliable stands tall in crisis atmosphere Michael J. Kosares 10 December 2012 [link to www.gold-eagle.com] |
DarthDickheadus:AmericanSith User ID: 1503533 United States 12/12/2012 10:01 PM Report Abusive Post Report Copyright Violation | The economic problem is this: Quoting: Kingman-Art The entire world is now under control of a synchronized K-wave winter leg phase. This means that every country on earth is going into a Depression. There will be no exceptions, ... not even the Swiss. Because each countries K-wave is synch-locked to every other countries K-wave in a form of a "super resonance", there is no safe harbor or safe haven to flee too; in an effort to avoid the final outcome. This is the legacy of a world wide global trade system that does not have local backup in whatever is traded in. Comments ???? Oh shit, the math makes sense. (GLP aka American Jedi) Listen here you beautiful bitch, I'm about to fuck you up with some truth. Kenny Powers If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare. American Jedi Intellectuals solve problems, geniuses prevent them. Albert Einstein Satis Eloquentiae, Sapientiae Parum.... "The last of the old?" "No, the first of the new." |
Anonymous Coward User ID: 8829929 Canada 12/12/2012 10:17 PM Report Abusive Post Report Copyright Violation | |
Saddletramp User ID: 812002 Puerto Rico 12/12/2012 11:12 PM Report Abusive Post Report Copyright Violation | Could also have something to do with massive leveraging and an upcoming credit crisis at the end of our current debt cycle... Just sayin... But WTF, maybe we are just being microwaved by K-Ray and the boys... Last Edited by Saddletramp on 12/13/2012 12:40 AM "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 1512435 United States 12/12/2012 11:49 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1512435 United States 12/12/2012 11:50 PM Report Abusive Post Report Copyright Violation | |
Mr. Toppit User ID: 26466623 United States 12/13/2012 12:23 AM Report Abusive Post Report Copyright Violation | The economic problem is this: Quoting: Kingman-Art The entire world is now under control of a synchronized K-wave winter leg phase. This means that every country on earth is going into a Depression. There will be no exceptions, ... not even the Swiss. Because each countries K-wave is synch-locked to every other countries K-wave in a form of a "super resonance", there is no safe harbor or safe haven to flee too; in an effort to avoid the final outcome. This is the legacy of a world wide global trade system that does not have local backup in whatever is traded in. Comments ???? Oh shit, the math makes sense. A useless eater class following the directions of a useless bureaucrat class run and funded by a dysfunctional Warlord King - Obama at the behest of anonymous banking scum cooking the books while the platform is burning. Wizard Bernanke will burn at the stake in the next fiscal inquisition for his crimes. Update... hopefully B gets the shaft - or becomes a victim of Obamacare. Alas ... its already led to war among classes and nations. No stopping the insanity now. Last Edited by Mr. Toppit on 12/13/2012 12:34 AM |
Anonymous Coward User ID: 21963969 United States 12/13/2012 12:45 AM Report Abusive Post Report Copyright Violation | the books have been cooked to preserve the status quo for as long as possible this concept transcends political ideology because BOTH parties are equally responsible for the perpetual illusion. besides that, this is a global economic problem on such a massive scale that anyone still blaming obamacare does not get the scope of the problem. |
Anonymous Coward User ID: 1582540 United States 12/13/2012 01:17 AM Report Abusive Post Report Copyright Violation | The economic problem is this: Quoting: Kingman-Art The entire world is now under control of a synchronized K-wave winter leg phase. This means that every country on earth is going into a Depression. There will be no exceptions, ... not even the Swiss. Because each countries K-wave is synch-locked to every other countries K-wave in a form of a "super resonance", there is no safe harbor or safe haven to flee too; in an effort to avoid the final outcome. This is the legacy of a world wide global trade system that does not have local backup in whatever is traded in. Comments ???? Does the K wave take into account influence from outside sources, or better put perhaps, are there outside sources of influence... |
Anonymous Coward User ID: 1582540 United States 12/13/2012 01:37 AM Report Abusive Post Report Copyright Violation | The economic problem is this: Quoting: Kingman-Art The entire world is now under control of a synchronized K-wave winter leg phase. This means that every country on earth is going into a Depression. There will be no exceptions, ... not even the Swiss. Because each countries K-wave is synch-locked to every other countries K-wave in a form of a "super resonance", there is no safe harbor or safe haven to flee too; in an effort to avoid the final outcome. This is the legacy of a world wide global trade system that does not have local backup in whatever is traded in. Comments ???? Oh shit, the math makes sense. A useless eater class following the directions of a useless bureaucrat class run and funded by a dysfunctional Warlord King - Obama at the behest of anonymous banking scum cooking the books while the platform is burning. Wizard Bernanke will burn at the stake in the next fiscal inquisition for his crimes. Update... hopefully B gets the shaft - or becomes a victim of Obamacare. Alas ... its already led to war among classes and nations. No stopping the insanity now. If only someone up in the higher echelons would fall, we could get our hands around their necks... |
MHz User ID: 25505891 Canada 12/13/2012 03:19 AM Report Abusive Post Report Copyright Violation | Let's say (in an adventure quest for instance)the RCC was put into receivership and found lax at best and the punishment being they had to make amendS for ditching the bank part of the duties God left them, rather the Nuns their wives in charge of the free loans as the task is being done by somebody already taken care of. The OT banking laws about usury work just fine as long as all gentiles are 'full brothers' as a member in sin could still get a loan in the OT and physical labor was the way the loan was paid off in some cases. Let's say they 'find' an account with $999T in it and the worlds population was 666B ($1501.5015015015 each)that would leave 333B for the collective debt for the world and for 'public works'. Then there is the 'main vault', all business covered by Admiralty Law so the ones that divided up 666T buys part in the one they now work for and they are on the board along with all other 'employees'. The Janitor could score a bonus of $4M for seeing a better way to fix leaky pipes. Retirement is based on how much you put into. Following the 'brass' around as part of the 'watch-dog' committee still is time on the pension. The level of who was to be charged interest depended on the cost to run the bank, in good years it would be used often an that is more hours so they earn more, anybody below them gets loans at cost and above that there is a small interest charge that is 3% less than net for that person. Same for corporate customers, 3% growth then the savings go to the end user. That is if having the sim run for a long time on it's 'own' is a desired goal. Last Edited by MHz on 12/13/2012 03:23 AM |
Shogu666 User ID: 1217094 Poland 12/13/2012 04:45 AM Report Abusive Post Report Copyright Violation | Yes there is no more technology jumps that will create jobs and "growth". Right now most of jobs will become obsolete via automation , robotics , 3d printing , artificial intelligence etc. Global "pseudo-economy" aka growth economy is fucked. I for one am happy , it is time for something smarter then consuming our-sefles to death. |
jingo User ID: 1154368 United Kingdom 12/13/2012 05:41 AM Report Abusive Post Report Copyright Violation | this is what happens when we let yids control everything, yid or gentile,which are you,the fate of the yid hun was sealed when David dIcke/edgar cayce opened his mouth in the second centenary of the yid french revolution,what's the difference between god and yid,god wants us to be free, creates the habitat to be so,yid doesn't,the wrathschild yids have created a world where everyone's dependent on money created by them,to get it we have to work for them, we're supposed to work for god not yid bloodsuckers,see abundanthope.net/nov7 PJ228 ch3/4,the curse of the world is people who set theirself up in authority over others, hierarchy of fear,13 million yids control/destroy the world to the detriment of the rest,time we marginalised them,they have power over us because we give them our power by working for them,hatonn says he'll work with us not for us,he won't be our slave,we need to do the same,must be good fun arresting folk,handcuffing them,making their wrist hurt, locking them up,humiliating them in a cell,raiding their premises,confiscating their property,charging them etc, interesting our yid government is the biggest perpetrator of crime: killing people/animals,flooding the country with drugs,producing toxic food/water/air/pharmaceuticals, indoctrinating the populace with propaganda instead of truth etc, god determines the law not yids,see phoenix journal 27, the nile valley is a fertile plain because it floods once a year,you don't mess with nature,it's god at work,thanks to the yid antichrist the planet's irreparable,interesting the queen is a double,the british empire is the yid empire,they control banking/the media/governments etc,start all the wars ,pollute/destroy the planet/us,see protocols of the learned elders of zion,we work for yids for yid money/vouchers to buy yid goods,all we've got to do is WITHDRAW our manpower, their corporations including government will collapse,then we can get on with living instead of slaving,see ringingcedars.com,everyone selfsufficient,each community decide its own fate,in accord with the laws of balance,see phoenix journal 27,we don't need money/sell something to survive,look at other species,once there was a firmament/ belt of vapour round the earth,like venus now,protecting it from harsh radiation and maintaining a constant temperature, resulting in lush vegetation/food everywhere,however it was ruptured causing the deluge/oceans,fortunately it's being restored,see abundanthope.net,then we'll have perpetual spring,the garden of eden/aden,help yourself,everyone self sufficient,we don't need landownership/deforestation, permaculture not agriculture,we don't need concrete jungle, all construction can be underground or tree houses,eight billion annunaki have been removed from inside the earth which is hollow, 1k miles thick,the poles are holes,1k miles wide,entrances to the inner earth,see erks.org, we don't need fossil fuel,oil is the lifeblood of the earth,the continents float on it,electricity meters are C19th tesla free energy generators,using magnets/dipoles to transform high frequency energy of the aether into low frequency energy,see cheniere.org, people get ready for the cataclysm say your catechism,expect TV announcements about the three days of darkness,maybe feb19,see abundanthope.net/dec13 falling in love with the new paradigm |
Mr. Toppit User ID: 26466623 United States 12/13/2012 06:36 AM Report Abusive Post Report Copyright Violation | Yes there is no more technology jumps that will create jobs and "growth". Quoting: Shogu666 Right now most of jobs will become obsolete via automation , robotics , 3d printing , artificial intelligence etc. Global "pseudo-economy" aka growth economy is fucked. I for one am happy , it is time for something smarter then consuming our-sefles to death. The short and long term problem for the US (it seems to me ) is the US dollar won't be the reserve currency of the world after jan 30 2013. finito Someone like Moodys is going to point out with a much deserved nasty downgrade to super negative just how incompetent & corrupt the Obama administration is and the dollar will slide into oblivion making everything that has to be imported a hell of a lot more expensive. Baltic Dry drop like a rock. And this will push the Obama droids into even more expansive " We hate white America" mode: Taxes are good. You deserve to be in these fema camps, Carbon is evil, Global warming is america's fault, Increases in entitlements are necessary, The rich middle class must pay, Our congressional clowns are corporate bought and paid for so ....... Insolvency USA ... SOS |
Anonymous Coward User ID: 29674012 United States 12/13/2012 06:52 AM Report Abusive Post Report Copyright Violation | This is why obama must go. If he resigned the economy would jump start. Quoting: Kingman-Art obama and his crew are the huge crowbar that is shorting out any possibility of recovery. "According to the Competitive Enterprise Institute’s Wayne Crews, regulation’s “hidden cost” has ballooned to $1.8 trillion on an annual basis. Think about that for a moment: the price of various rules and barriers to production foisted on job-creating businesses is over half as much as our extraordinarily bloated federal government each year. This is both incredibly wasteful and economically ruinous." [link to www.forbes.com] I guess the democrats just love voting for unemployment, for it makes them feel less guilty when they collect the handouts. I don't get it, OP. We don't have jobs because machines and offshore labor are doing everything cheaper except personal care, construction, and deep creative thinking -- and art. Until US labor costs are competitive with Asia's, there is no incentive to hire American workers. How in the world is that Obama's fault? When costs are the sole ruler of production, we'll have a nation of ordinary people either sitting on their asses starving, weaving baskets, giving massages, or earning $1.50 per hour while those who own the businesses over-consume to keep the economy rolling. All those evil socialist regulations like minimum wage, work hour and age limits, and OSHA have been a feeble attempt to protect US workers from aptly-named wage slavery. Does your ideal economic world allow no support for Man's humanity?! |
Anonymous Coward User ID: 29674012 United States 12/13/2012 06:58 AM Report Abusive Post Report Copyright Violation | I'll say it again. Quoting: Anonymous Coward 23368165 The problem with the world economy is Low stagnant wages Banks gambling customer savings on the stock market Poor education Big business monopolizing and destroying small businesses Welfare instead of workfare Lack of apprenticeships and job placement after school Not recognizing that better office efficiency, computers and robotics means there will only be face to face retail, medical care and construction jobs. There will be no manufacturing jobs because FUNAC assembly robots are cheep, fast, working 24/7 and don't commit suicide. Time to rethink the future of jobs. But I know we won't and that is why the world fails. This! Look up Robert Theobald's work from the early 1960's. He saw the natural results if the development of cybernetics (computing) on the world of work and immediately proposed 3 levels of fixed income with actual labor earning extra money. He did't quite have the answer but he saw the necessity for some kind of intervention to preserve any semblance of humanity. |
Mr. Toppit User ID: 26466623 United States 12/13/2012 07:23 AM Report Abusive Post Report Copyright Violation | I'll say it again. Quoting: Anonymous Coward 23368165 The problem with the world economy is Low stagnant wages Banks gambling customer savings on the stock market Poor education Big business monopolizing and destroying small businesses Welfare instead of workfare Lack of apprenticeships and job placement after school Not recognizing that better office efficiency, computers and robotics means there will only be face to face retail, medical care and construction jobs. There will be no manufacturing jobs because FUNAC assembly robots are cheep, fast, working 24/7 and don't commit suicide. Time to rethink the future of jobs. But I know we won't and that is why the world fails. This! Look up Robert Theobald's work from the early 1960's. He saw the natural results if the development of cybernetics (computing) on the world of work and immediately proposed 3 levels of fixed income with actual labor earning extra money. He did't quite have the answer but he saw the necessity for some kind of intervention to preserve any semblance of humanity. Obama doesn't see the moral hazard in letting HSBC get away with a slap for money laundering ? Not a single executive charged or arrested? Fines as the new normal. Nothing happened in 2008, its just business as usual with toss off speeches. More taxes, more unemployment. Higher energy costs, more unemployment, More inflation, more unemployment, More govt jobs, more gross regulation. More useless bureaucrat million dollar pensions, More war war war. The humanity went out of our system a long time ago. The only thing left for it to do is collapse into killing each other. People want out. People want out. People want out! |
Kingman-Art (OP) User ID: 21062817 United States 01/18/2013 11:38 AM Report Abusive Post Report Copyright Violation | Some history on the K-wave. " Based on Professor Thompson's analysis long K cycles have nearly a thousand years of supporting evidence. If we accept the fact that most winters in K cycles last 20 years (as outlined in the chart above) this would indicate that we are about halfway through the Kondratieff winter that commenced in the year 2000. Thus in all probability we will be moving from a "recession" to a "depression" phase in the cycle about the year 2013 and it should last until approximately 2017-2020." [link to www.financialsense.com] So the depression should finally start this year and last 7 years in length. Most people are not ready for it. |
Kingman-Art (OP) User ID: 21062817 United States 02/02/2013 01:24 AM Report Abusive Post Report Copyright Violation | Published on Jan 27, 2013 If Congress does not get its financial house in order by the new deadline in mid-May 2013, John Williams of Shadowstats.com contends, "It will be the end of the road . . . . They are not going to have another opportunity . . . they are pushing the limit as it is now." Williams says he expects, ". . . a negative reaction in the next 3 or 4 months to the dollar." Williams adamantly continues to predict hyperinflation to the U.S. dollar by the end of 2014. Listen carefully at 12 minutes and 20 seconds. Dollar Sell Off Within 4 Months-John Williams 16 minutes [link to www.youtube.com] If you do not have sustainable growth in income, you can not have sustainable growth in consumption. You need a 9% raise every year to break even with the cost of living. He is still seeing hyperinflation by end of 2014, he also sees a dollar selloff starting in the next 3 or 4 months. |
Kingman-Art (OP) User ID: 21062817 United States 02/09/2013 04:31 AM Report Abusive Post Report Copyright Violation | Friend of gold Jim Sinclair, and executive to a mining firm with interests in Tanzania, put it so well. He captures the theme of this article when he said, "It is the constant drop in the dollar's usage as a contract mechanism internationally. No one sees this but it is the Hammer of Thor on the head of the dollar." The rejection of the USDollar in global trade will mean the end of the abused privilege in a currency turned toxic. Its rejection is the marquee event in the financial world for 2013, following isolation. It is unstoppable and all-encompassing, certain to have geopolitical consequences, as it alters the economic and financial landscape in harsh ways much like a band of violent marauders brandishing machetes alter the neckline of their victims. See the Tonton Macoute in Haiti. The greenback is cornered; it is done! [link to www.gold-eagle.com] |