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.

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