The Barf Stew of the world money situation MAY, and I stress the MAY word, finally be reaching a new understanding about the debt crisis worldwide. Hence, yesterday, suddenly, at least one bank in the USA began to CHARGE (instead of give interest) a fee to HUGE DEPOSITORS (many from Europe is the scuttlebutt - as the word `run on the banks' was used to describe the mindset over the pond) who move deposits of 50 MILLION or more into the bank. One month treasuries offered the same `safety'.
The `Splash Crash' - a term the MSM had already described in anticipation of yesterday - affected nearly all stocks, commodities and bonds --- gold being one of the least affected. (Won't the PTB have to inflate that `resource' for them to have a chance to retain power?) Gas prices plummeted 18 cents a gallon at the wholesale level of traders to under 2.80 a gallon. (Always sited as a positive by the MSM) ---- and CNBC went commercial-less to make sure everyone had access to the final hour blowout.
The morning started only slightly ugly with the MSM trying to make a 1,000 person drop in unemployment requests for the week (from 401K to 400K) sound encouraging. After all, the day before saw that `unnatural' rally that saved the market from being down more consecutive days than since 1976 --- after all, that might have been getting uncomfortable for the MSM to dismiss. (So, we can assume that the HUGE money prevented that from occurring IMO.) But, then, came that announcement of fees for the huge over 50M depositors, and the first words of `fear' and `near panic' in Europe.
Then, by late morning, the words `double-dip' were being used for the USA, and QE3 (to keep it below the threshold of understanding for normal people) or the coming REFUSAL for QE3 was frequent. There was that nasty vote by Icelanders, for the second time, to bail out their banks with citizen money.
Add to that, the duel perception of the debt deal by the worthless politicians. --- First, common understanding was that they needed to approve a 4 trillion dollar reduction over TEN years to avoid the USA from being downgraded by the rating agencies. --- Of course they didn't do it. Second, the `cuts' (term used loosley) would have been needed to be `front loaded or at least equal loaded' over the 10 years to be credible.
So, of course, our worthless representatives have all of 13 billion in cuts the FIRST year. Talk about smoke and mirrors. As the MSM tucks its tail in between its legs once again. BUT, one can't and doesn't FOOL the HUGE money - they sometimes can read the tealeaves quite well. It's come to the point that they don't even need to make money anymore and will pay the BANKS to keep it from the citizens. To keep it SAFE.
Need I even mention the 8-3-11.info crappola?
But, the real question, is - was yesterday the real beginning of a repeat of the `crash' of 2008? Is another flimsy fake house of cards about to blow over? Will panic behavior be enticed from the population by coming events? (The ultimate concern of course.)
I even heard it mentioned yesterday that `social media' was spreading the information perhaps too fast for the financial markets --- I also heard it mentioned as the market moved 500 lower that there was wonder if the `computer trades' would kick in to accelerate the speed of the crash. (In the back of my mind I had to wonder about the ultimate smart money getting out in the first `Flash Crash' at 10,900 stock level. I also remember Cramer saying in the depths of the 08 crash that the raw value of the stock market was 5,600 minimum. And, imagine if THAT number was overshot by panic.)
The opening is a couple hours away as BS writes this.
However, we all know that the MSM, if it is good for ONE thing - it is good for misdirecting the people of ANYTHING of importance or real intellectual depth. They are the paid for and bought mouthpieces for TPTB. They will NOT allow panic to be covered as it occurs most likely. Even panic buying as the SHTF of some `new commodity' like TOILET PAPER.
Aren't those 48 packs on sale today - sure would be nice to trade one of those for a New Car about a month from now - wouldn't it?
Even while silver crashed yesterday, can the poor mans gold really do poorly if money was near worthless? Worth consideration.
Gold Grams In The BS Sidebar
While it may be a bit too late - consider these if the crash is delayed until just before the election in 12. These first books focus more on the SHTF.
Run Cursor Over Books For More Description
Or, it MIGHT be just a temporary Economic Collapse (society doesn't crumble, the money simply gets replaced with a new NWO currency).
<- book published six weeks ago
But, you'll need to be ready for a NWO most likely - even a `re-organization' of the world map might help - including America.
And, of course, it's possible that the disruption on Earth could indeed induce the `arrival' of our `space brothers' - the aliens to the rescue theme we all love to be entertained by.
Just remember what Ben Bernanke said to the question by Ron Paul less than two months ago
RP - Is Gold Money?
BB - No.
If money has no value, only things desired will be tradeable - and how many folks are ready for that kind of society. One better hope that TPTB have the ability to get things in order quickly or be ready to step down quickly.
There may be time to still get those 48 packs delievered.
- How about this 42 dollar investment?
- Or even this top of the line 61 dollar investment?
When and IF a final crash comes of the money system - this could be a matter, literally of survival:
Run Cursor Over Pictures For Info
275 meal pack, under 115.00
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