Kia Ora,
Well how do we know what is coming? We study history! It can be ancient history as that shows the cycles the world moves in as men make the same mistakes over & over again.
It can be more immediate history that shows what is likely to happen if certain actions are taken or situations arise.
Most of what has been happening is just a repeat of history that has been recorded since the time of the Romans in regards to the world of finance.
Each time changes by man means the time before is not exactly like the last but just like gravity the rules of money going by history never really change.
But what you can do is see what is happening locally & if something has happened similar recently. Now one of the letters I follow is a free one based out of Australia called Daily Reckoning & at times it appears to contradict itself as different people contribute. Therefore more financial education is required on your behalf to come to a conclusion as to what is likely to happen.
Recently there has been quite a bit of comment on how the Australian banks are dangerously exposed to offshore exposure through loans.
The point they were making was that if suddenly interests rates jump that they have to pay for loans (& they expect them too) then those Australian banks are going to have to look elsewhere for funds.
One area they would expect is the Australian government to 'print' money to do as the US has done & bail the banks out effectively transferring the private debt to the Government.
Now if that happens & Australia decides it wants to look at other options then there is the likelyhood of it following the US in quietly enacting policies where retirement funds can withhold the funds of those with money in them.
So effectively stealing the money supposedly put aside for retirement, but legally.
Some might see this as conspiracy material, but if you look you can find that it is going on right now.
Just like the recent quiet change in the ability to exhange Gold & Silver ETF's for the real thing, because if that ability still remained people would find that the amount been traded doesn't exist.
Saturday, May 29, 2010
Friday, May 14, 2010
Is the End Nigh?
Kia Ora,
It has been an interesting few weeks. In the main I follow three newsletters or commentators & a couple of other sources of up to date information as the financial crisis continues to unfold.
Surprisingly for the very first time all three newsletters & commentators were on the exact same wavelength.
In the past they have talked about this crisis coming to a conclusion in 2015, one commentator on a newsletter said by May 2011 as that will be the same period from the start of the Greek crisis that it took from bear Sterns to the fall of financial markets.
More recently I have been informed that stockbrokers are talking to taxi drivers of December 2010 being the crunch.
Then the three emails came in almost together. The end is in sight.
The end of what? the end in this round of the cycle that we seem to want to put ourselves through as human beings.
The Sovereign debt crisis which is what this has now become, is not over. It is just beginning & with it the break down of social order.
To make it worse the Eurozone to bail out its members has now taken the same action as those in the UK & US have taken.
The Germans are not happy as they still have memories, not of the deflationary depressoin which much of the world suffered last time, but of their earlier hyperinflation depression.
It is reported that much of the gold now being bought on the markets is now heading to Germany as they rush to protect themsleves. There is even a quote stemming from 1923 of how one person withdrew their whole 100,000 marks & it bought them one tram ticket for a ride around the city.
Hyperinflation in Germany: Perceptions of a Process
Inflation & in particular hyperinflation is the tax that governments impose by printing (or in todays attempt to hide the truth, quantitve easing) that sneaks up on people.
People who lived through the times talk of how dangerous it was & how the crime was out of control. Think it is getting bad now. Just wait.
When will it happen? No one can really tell as those have made it possible are trying what they think is right to save the situation & are actually making it worse in the long run. History just shows though that when it happens, it happens fast & they bigger the debt, the faster it happens.
The first recorded correction took 300 years. The German hyperinflation correction took four years. Gold is now going up no matter what, though a the end there is talk that it will drop initially, then head north.
It has been an interesting few weeks. In the main I follow three newsletters or commentators & a couple of other sources of up to date information as the financial crisis continues to unfold.
Surprisingly for the very first time all three newsletters & commentators were on the exact same wavelength.
In the past they have talked about this crisis coming to a conclusion in 2015, one commentator on a newsletter said by May 2011 as that will be the same period from the start of the Greek crisis that it took from bear Sterns to the fall of financial markets.
More recently I have been informed that stockbrokers are talking to taxi drivers of December 2010 being the crunch.
Then the three emails came in almost together. The end is in sight.
The end of what? the end in this round of the cycle that we seem to want to put ourselves through as human beings.
The Sovereign debt crisis which is what this has now become, is not over. It is just beginning & with it the break down of social order.
To make it worse the Eurozone to bail out its members has now taken the same action as those in the UK & US have taken.
The Germans are not happy as they still have memories, not of the deflationary depressoin which much of the world suffered last time, but of their earlier hyperinflation depression.
It is reported that much of the gold now being bought on the markets is now heading to Germany as they rush to protect themsleves. There is even a quote stemming from 1923 of how one person withdrew their whole 100,000 marks & it bought them one tram ticket for a ride around the city.
Hyperinflation in Germany: Perceptions of a Process
Inflation & in particular hyperinflation is the tax that governments impose by printing (or in todays attempt to hide the truth, quantitve easing) that sneaks up on people.
People who lived through the times talk of how dangerous it was & how the crime was out of control. Think it is getting bad now. Just wait.
When will it happen? No one can really tell as those have made it possible are trying what they think is right to save the situation & are actually making it worse in the long run. History just shows though that when it happens, it happens fast & they bigger the debt, the faster it happens.
The first recorded correction took 300 years. The German hyperinflation correction took four years. Gold is now going up no matter what, though a the end there is talk that it will drop initially, then head north.
Thursday, May 6, 2010
The Beginning of the End?
Kia Ora,
Well the beginning of the end raised its head earlier today. With Markets already down due to the Sovereign Debt Crisis in Greece, Wall street suddenly took a huge leap downwards. Gold took a large leap upwards after being trending up of late.
They are now claiming that there was a wrong entry possilby by a person. They may even 'find' that person, but it will just be an attempt to hide how fragile the worlds economies are.
Whilst gold leapt up the manipulation of silver continued & it hardly moved at all.
In fact the whole game appears to be about manipulation of figures at present.
Here in NZ, the government announced the new unemployment figures & there had being a big drop, when adjusted. That when adjusted comes up a lot when figures are released these days & they gather them in a not really honest way that allows governments to manipulate to give what picture they want.
Yet just going to the mall yesterday, you noticed a lot more people looking strained with the obvious stress of no income.
On social media more & more close friends are looking for work & there is nothing out there. So where do all the 'new' jobs come from? Manipulation to hide the issues that are starting to arise.
Crime & in particular violent crime is rising extremely fast, there are more extremist views being pushed & there are opportunities everywhere for those able to take advantage of them.
But is this all so unexpected?
In a word. No.
The book to the left was written a few years ago, but when you read it, it tells how 'Rich Dad' could see this coming in 1974 & probably before that due to looking into financial history.
Winston Churchill's quote "The further back you look, the further forward you see" or words to that effect, keep coming to mind as each action to combat the financial crisis is a re enactment of what has being tried previously.
With Big trouble looming in the Eurozone, of late there has being another transfer of wealth to the US dollar & when things go really wrong it starts transferring from the dollar to gold or silver.
NZ had this famous band called Split Enz & one of their best selling songs was 'History Never Repeats" with the words directly after the title being "I tell myself before I go to sleep",
That seems to be the sentiment of those that run the worlds economies, but those behind them know it is a different story. They know, no matter what man does history does repeat, so make it work for you.
They have ensured that they have in place the people to ensure history does repeat & therefore create the environment for, what has being described as, the greatest wealth transfer in the history of man.
But it is not just the transfer of wealth, but also power as it obeys the golden rule.
He who has the gold makes the rules.
Greece has only a relatively small debt which due to being part of the Eurozone they can't take measures by themselves such as print money to manage their debt.
For now that is the little nudge in the Sovereign debt crisis that is needed to cause more concerns in Europe.
But it is the excessive printing of currency that has being occuring in the UK & US that is the real threat.
Today you just got a glimpse of the future because as the DOW dropped gold went up.
Then there are concerns about China & that its bubble might be about to burst. This could result in dropping of commodity prices including gold & silver, but where as some of the others might recover as much, gold & silver based on history will disconnect & go up at some stage.
What ever way it goes, people need to be ready & you got a glimpse today of the future.
Well the beginning of the end raised its head earlier today. With Markets already down due to the Sovereign Debt Crisis in Greece, Wall street suddenly took a huge leap downwards. Gold took a large leap upwards after being trending up of late.
They are now claiming that there was a wrong entry possilby by a person. They may even 'find' that person, but it will just be an attempt to hide how fragile the worlds economies are.
Whilst gold leapt up the manipulation of silver continued & it hardly moved at all.
In fact the whole game appears to be about manipulation of figures at present.
Here in NZ, the government announced the new unemployment figures & there had being a big drop, when adjusted. That when adjusted comes up a lot when figures are released these days & they gather them in a not really honest way that allows governments to manipulate to give what picture they want.
Yet just going to the mall yesterday, you noticed a lot more people looking strained with the obvious stress of no income.
On social media more & more close friends are looking for work & there is nothing out there. So where do all the 'new' jobs come from? Manipulation to hide the issues that are starting to arise.
Crime & in particular violent crime is rising extremely fast, there are more extremist views being pushed & there are opportunities everywhere for those able to take advantage of them.
But is this all so unexpected?
In a word. No.
The book to the left was written a few years ago, but when you read it, it tells how 'Rich Dad' could see this coming in 1974 & probably before that due to looking into financial history.
Winston Churchill's quote "The further back you look, the further forward you see" or words to that effect, keep coming to mind as each action to combat the financial crisis is a re enactment of what has being tried previously.
With Big trouble looming in the Eurozone, of late there has being another transfer of wealth to the US dollar & when things go really wrong it starts transferring from the dollar to gold or silver.
NZ had this famous band called Split Enz & one of their best selling songs was 'History Never Repeats" with the words directly after the title being "I tell myself before I go to sleep",
That seems to be the sentiment of those that run the worlds economies, but those behind them know it is a different story. They know, no matter what man does history does repeat, so make it work for you.
They have ensured that they have in place the people to ensure history does repeat & therefore create the environment for, what has being described as, the greatest wealth transfer in the history of man.
But it is not just the transfer of wealth, but also power as it obeys the golden rule.
He who has the gold makes the rules.
Greece has only a relatively small debt which due to being part of the Eurozone they can't take measures by themselves such as print money to manage their debt.
For now that is the little nudge in the Sovereign debt crisis that is needed to cause more concerns in Europe.
But it is the excessive printing of currency that has being occuring in the UK & US that is the real threat.
Today you just got a glimpse of the future because as the DOW dropped gold went up.
Then there are concerns about China & that its bubble might be about to burst. This could result in dropping of commodity prices including gold & silver, but where as some of the others might recover as much, gold & silver based on history will disconnect & go up at some stage.
What ever way it goes, people need to be ready & you got a glimpse today of the future.
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