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"Word on the street"? Can you be more specific as to who said what?Toto wrote: Word on the street is that the coming Bank Holiday will last three months, so I emphasize the wisdom of having (three months) cash on hand.
http://www.zerohedge.com/article/guest- ... -listening" onclick="window.open(this.href);return false;One day, a fruit and vegetable seller was arrested in Tunisia, sparking social unrest, and a few weeks later the government of Egypt was set to topple. Such is the nature of complex, chaotic, and unpredictable systems. The stresses build for years and years, and nothing really seems to be happening, but then everything suddenly changes. Egypt is therefore emblematic of what we might expect in any complex system in which pressures are building, such as the US Treasury market. Can events in complex systems ever be predicted? No...and yes. No, because the precise timing and details can never be predicted. Yes, because we can be certain that anything that is unsustainable will someday cease to continue and things that are horribly imbalanced will someday topple. We can also be certain that the change, when it comes, will be rather sudden and abrupt, rather than gentle and linear. That is, we can easily predict that a complex system will shift, and that it will probably do so rapidly, but not exactly when or by how much.
http://www.zerohedge.com/article/after- ... uese-bonds" onclick="window.open(this.href);return false;Risk is off with a vengeance. After Asian markets (ex-Japan) experienced a total rout, which also included Hong Kong, the emerging market money is now in full withdrawal. And if it is going in the US (ex. a rotation out of munis into equities, something which Meredith Whitney should be congratulated for), you could have fooled us: futures are decidedly negative on the back of last night's horrible Cisco numbers. The cherry on top is a rumor reported by Islam Times that Saudi King Abdullah has passed away: "King Abdullah talked with Obama about the situation in Egypt over the phone yesterday. Obama and the King got into a heated debate about their opinions of what Hosni Mubarak should do. After the phone call sources stated that King Abdullah was furious and then suffered a sudden heart attack. Doctors ran to his rescue but were unable to save him. He was pronounced dead, but his death was not reported due to the sensitive conditions that exist in the region. The Saudi Arabian government will reject this claim; but the ball is in their court to prove that he is alive." Obviously this is not helping the brent bid, which hit nearly $103 overnight (although the rumor has yet to be confirmed). Lastly, all this of course means that glass house, i.e., European peripheral bonds are plunging, and the result is that the ECB has to come in and after two weeks of inactivity is forced to manipulate the bond market by buying directly. So much for that European sense of calm, which we said last night was going to be blown away very shortly (here and here).
Below we can see just where the ECB lost today's fight to the vigilantes.
http://www.businessinsider.com/abdullah ... ort-2011-2" onclick="window.open(this.href);return false;There's An Unconfirmed Report Going Around That Saudi King Abdullah Has Died
Update: Reports say the Saudi government is denying this.
Original post: This just hit the internet, and we don't know if it's true.
It's on IslamTimes, and frankly it doesn't read credibly because it ties his death to discussions about Egypt.
Needless to say, were it true, it would only further concerns about Mideast stability at an already fragile time.
Oil prices originally jumped on the news, but then that faded, perhaps indicating the market's disbelief in the rumor.
It was Otto von Bismarck who explained that “politics is the art of the possible.” We can thank him for that much, but he didn’t tell the whole story. I’ll give you the rest of it. Politics is the art of the possible fictions you can get away with. Politics is mostly dissembling, and the dissembling is mostly about dodging personal responsibility for the messes governments make. It works out that way because making messes is most of what governments do. So when we ponder how the U.S. government will go about defaulting on its debts, a good way to approach the question is to consider how a default might be presented. At this point there is no room for doubting that the government will renege on the commitments it has made to give people money. The $9.2 trillion in Treasury securities held by the public is just the tip of the iceberg. Estimates differ, but if you add in the unfunded obligations for Social Security and Medicare, it’s hard to avoid getting a total that exceeds $80 trillion. That works out to $260,000 for every man, woman, and child in the country, including the two-year olds. It can’t be paid, so it won’t be paid.
Where did you hear/see this? Can you provide backup?7cylon7 wrote:The Dollar will be dead by end of 2012... I have also heard by the end of 2011 we will really be hurting meaning the beginning of the collapse of the dollar will begin.
Teancum wrote:I was just thinking about pulling everything from my 401K too but found out that with all the restrictions, its basically stuck unless I lose my job or I am in serious need of money due to an emergency. If I were you (assuming you CAN pull the money out) I would do so myself. But for you, you will have to decide, after seeking some guidance through prayer.
But I do believe we have some great nuggets on this post to help anyone in a similar dilemna:
Joel could be right. Japan has been in economic trouble for about two decades now (forget the lost decades, it is now two) and are running a GDP to debt ratio of over 200%. If Japan central bank could pull this off for this long, I would have to believe it is a possibility here as well.Col. Flagg wrote:Joel Skousen was on Liberty Roundtable this morning and virtually said as much - that these con men and fraudsters in Washington know how to control everything from inflation to deflation to artificial wealth creation to wealth destruction without everything unraveling and it was his opinion that they can keep inflation under control and the system from imploding for many more years by just tweeking it slowly the way they are.
Bu then Mummy makes a great point here. Disaster will result. And when it does, everything will be turned upside-down in a hurry. I just started studying the Palmoni scrolls. Lot's of good research to dig through. 2011 seems to be pretty important. But then again, Palmoni isn't perfect and could be wrong.Mummy wrote:They don't control God! Disaster will result. Timing is anybody's guess. My guess is we will see some major changes implemented this year and next....and I would be greatly surprised if the country survives 2012 with the government intact as we know it today. In fact 2011 could prove to be a major hurdle for them....at least according to the Palmoni Scrolls. To each their own opinion, study, and inspiration on it!
Egypt is very interesting. If more of the Middle East follows their lead, I would expect Israel to be under siege soon after. Could this initiate Armageddon? (Ezekiel 38-39) It remains to be seen.believer wrote:if the Muslum world all goes to Muslim and scheria law, with their hatred of Isreal, and the U.S., perhaps Armegeddin might be in a few years. It will take some time to get all of that organized, however. The rest of the Muslim world needs to follow Egypt first.
$5 gas could definitely wake up America from its deep sleep. Would this push American out to the streets? Although the Fed and their cohorts in media claim that the rising cost of food and energy is nothing to worry about, I think that when the average mother and father find it impossible to provide FOOD, shelter and clothing for their families due to food/energy prices skyrocketing, those once peaceful fathers will be looking for their pitchforks...Toto wrote:Looks like it is picking up steam in Suez.....davedan wrote:If we see 5$ gas, people are gonna be hurting to buy basic necessities. So much of our economy depends on cheap gas. and it's not hard to imagine hungry people taking to the streets in protest. Protests turn into riots. Then you get martial law and gun confiscation.
Suez Canal workers go on strike
Ahram Online, Tuesday 8 Feb 2011
I think we are to understand that HE, Christ, will not give the Saints any more than they can handle. Only He knows who the true followers are because they are numbered. I just hope I'm on the list, even if I'm the last number on it.Rincon wrote:On the positive side, we still don't know exactly what the Lord is going to do. He may hold a trump card.
Thanks for the correct Mt. I hadn't researched it prior to the post.momto5 wrote:You mean the Mount of Olives? If so, we've been taught that 1st he comes to NJ, 2nd to Old Jerusalem, 3rd to the world which is frequently associated with the saints rising to meet Him in the clouds as the earth is cleansed by fire.
DrJones wrote:FWIW, I sense a sea-change in world attitudes towards the dollar as the world currency, and an awakening regarding what is happening (not so much in the US, unfortunately, but certainly in China and Egypt etc).
With this awakening, I have to differ with Joel Skousen -- I don't think "they" can maintain the charade for 10+ years.
Rather, I side with mummy:Look at the trends -- the Gadiantons take our money by huge Bail-outs (both by Bush/Cheney and by Obama). Then they use "stimulus money" -- to the big corporations. Next comes Quantitative Easing, which leads to the "hidden tax" of inflation. ARe these not the actions of Gadianton robbers? What makes you think they will not try to get the big remaining funds soon -- the retirement funds in particular? That's what I think they are after next... and soon, based on these recent trends and the world-wide (except US) awakening.I would be greatly surprised if the country survives 2012 with the government intact as we know it today. In fact 2011 could prove to be a major hurdle for them.
I recommend putting dollars into food storage and paying off debts, as the Prophets have said, and into other tangibles. Money in the banks, IMO, could be wiped out quite easily by an EMP over the nation (blamed on the next group we will be taught to hate). Do you have communication and other critical gear in a Faraday box yet? why not? OK -- I admit I still have some work to do in this arena myself, but I am getting out of the banks, in which money is really just ciphers in some computer system which is highly vulnerable to an EMP attack by "terrorists". (Will the REAL terrorists please stand up?)
As the BoM says, riches will become "slippery". Count on it.
HeirofNumenor wrote:and Dubai, UAE? Is that planned, spin, or spill-over?
Where's the best info on this George A. Smith Vision? I found this, but I dont' see anything in there about dollar devaluation. Please share!davedan wrote:Considering the Milton Musser Letter, and Pres. George A Smith Vision I don't see that we have much time left.
Really, an excellent question. I also tend to concur with Joel Skousen. He has made the point that our situation is different than Weimar and Zimbabwe because of currency reserve status, and the amount of dollars spread throughout the whole world. That will make the coming calamities even worse and more extensive than Weimar/Zim, but it also suggests it will take a longer time. I don't see signs of an immediate currency collapse. I still think we have quite a few years (10 or so) - but as others have said, simple events can trigger cataclysmic events, so my advice is hedge your bets - diversify. Rather than have all in food storage, or all in silver, or all in gold, or all in your 401k, spread it throughout. Perhaps take out half of your 401k, take those losses, and put it into silver and long-term food storage.Col. Flagg wrote:I was just wondering what all the other financial experts' opinions are here in the forum regarding how much longer we have before 'government' begins to confiscate 401k, retirement funds and even precious metals under the guise of 'national security' in order to prevent an outright default by the feds and disintegration of the dollar and to also bail itself out and give them even more time before the system implodes? My wife and I have a 401k and I'm 60-40 for cashing it out and taking the penalty, but part of me feels like if I do, the ponzi scheme artists and criminals in Washington, the 'Fed' and Wall Street will manage to continue this financial facade and charade for another 10+ years. Joel Skousen was on Liberty Roundtable this morning and virtually said as much - that these con men and fraudsters in Washington know how to control everything from inflation to deflation to artificial wealth creation to wealth destruction without everything unraveling and it was his opinion that they can keep inflation under control and the system from imploding for many more years by just tweeking it slowly the way they are. Anybody else beg to differ?
). I would like some advice as well. I really should talk to someone, but you guys will have some good advice as well. Obviously, I have been purchasing silver monthly, the months have been fairly tight, but my question is about my 401k - my employer will match up to 6% of my pre-tax contributions. E.g. if I put like $300 in my 401k, my employer also puts in $300, so I always have twice as much in my 401k than I put in... I am so wary about this. I decided to contribute to the max (6%) and I can actually transfer all the money into a brokerage account with Schwabs, where I can buy precious metals ETFs and metals mutual funds. The goal is to have it rise with or more than inflation. I cannot use that money to buy precious metals directly. I COULD not contribute to my 401k and take the after-tax money and just buy silver, but aren't I leaving money on the table - because I lose the matching contributions from my employer? Or, is it not worth it all, because those funds will become worthless before I can take them out? I plan on leaving this employer in a couple years to go back to school (I know, that's risky too), and when I leave, I believe I can roll it all over into a IRA... maybe I can somehow get it into a precious metals IRA? Not sure how these things work exactly. They keep it complicated for a reason. What would you guys suggest I do? Much thanks.I can't tell: are you serious or are you mocking those who believe this?7cylon7 wrote:HeirofNumenor wrote:and Dubai, UAE? Is that planned, spin, or spill-over?
ALLLLLL PLANNED people.... Back in 1776 they had no control yet but every single war, revolution, coup d'ta, overthrow including England, Russia, Spain, France, WW1, WW2, Vietnam, Korea, Iraq ect..... all have been planed by TPTB. This is no different. They are so good at this that they make it look natural but there is nothing natural about it.
This is a black ops operation. The PTB had their cells start the trouble. They get the mob started and once started they direct the mobs.
The Church still has a 401K program for its employees.iamse7en wrote: I also have a predicament. Unfortunately I only began working full-time and saving money a short while ago (now I'm revealing my age
7cyclon7 - who is "HE" in this and the previous list/post?18. He then detailed the plans for revolutionary war; the art of street fighting; and outlined the
pattern for the ‘Reign of Terror’ which he insisted must accompany every revolutionary effort
“Because it is the most economical way to bring the population to speedy subjection.”
forgot to add this
....that's a big pill to swallow!!! Only God knows the beginning from the end....and while I believe in the Conspiratorial view of history.....I don't believe they have that kind of control. For example the mad dash scramble to save the financial system in 2008 when the decline off the tipping point was much faster than anticipated.7cylon7 wrote:HeirofNumenor wrote:and Dubai, UAE? Is that planned, spin, or spill-over?
ALLLLLL PLANNED people.... Back in 1776 they had no control yet but every single war, revolution, coup d'ta, overthrow including England, Russia, Spain, France, WW1, WW2, Vietnam, Korea, Iraq ect..... all have been planed by TPTB. This is no different. They are so good at this that they make it look natural but there is nothing natural about it.
This is a black ops operation. The PTB had their cells start the trouble. They get the mob started and once started they direct the mobs.
7. He next advocated the use of ‘Mob Psychology’ to obtain control of the masses. He
reasoned that the might of the Mob is blind, senseless, and unreasoning and ever at the mercy of
suggestion from any side. He stated “Only a despotic ruler can rule the Mob efficiently because
without absolute despotism there can be no existence for civilization which was carried out NOT
by the masses, but by their guide, whosoever that person might be.” He warned “The moment
the Mob seizes FREEDOM in its hands it quickly turns to anarchy.”
14. He next explained the necessity of having their ‘Agentur’ always come out into the open,
and appear on the scene, when conditions had reached their lowest ebb, and the masses had been
subjugated by means of want and terror. He pointed out that when it was time to restore order
they should do it in such a way that the victims would believe they had been the prey of
criminals and irresponsibles. He said “By executing the criminals and lunatics after they have
carried out our preconceived ‘reign of terror’, we can make ourselves appear as the saviours of
the oppressed, and the champions of the workers.” The speaker then added “We are interested
in just the opposite ... in the diminution, the killing out of the Goyim.”
And a really scarey tactic they use
15. He next explained how industrial depressions and financial panics could be brought about
and used to serve their purpose saying “Enforced unemployment and hunger, imposed on the
masses because of the power we have to create shortages of food, will create the right of
Capital to rule more surely than it was given to the real aristocracy, and by the legal authority
of Kings.” He claimed that by having their agentur control the ‘Mob’, the ‘Mob’ could then be
used to wipe out all who dared to stand in their way.
Now they don't control everyone like Iraq 1 he went rouge and took out Kuwait but how long did that last. TPTB took him out in a very short time. So yes they don't control everything but they can direct world forces to in the end meet their goal. WORLD CONQUEST.
Mine was a serious question about UAE...since that is seen as the most obvious display of wealth in the mid-east.I can't tell: are you serious or are you mocking those who believe this?
My feeling as well....they are definitely doing everything within their power to co-opt it and manage it to their best interest. Same with every other similar situation.Original_Intent wrote:Maybe Egypt was planned, maybe it wasn't. I tend to think it caught the NWO group off guard. Now, of course I beleive they are scrambling and will do their best to capitalize on it or at the very least minimize the damage to their plans. And you may be right, it may have been planned, I just don't believe that is the case. That's nothing more than a gut feeling on my part, time will tell, I suppose.
Or if its 2015....then end of 2011 is turning point and mid 2008 was the beginning point....freedomfighter wrote:I think we are to understand that HE, Christ, will not give the Saints any more than they can handle. Only He knows who the true followers are because they are numbered. I just hope I'm on the list, even if I'm the last number on it.Rincon wrote:On the positive side, we still don't know exactly what the Lord is going to do. He may hold a trump card.
If 2017 is the end, and if 2013 is midrange, then 2010 was the beginning of the seven year tribulation where for three and a half years there is peace, the second three and a half years, all H... breaks out. Are we ready?
What does it say in scripture about the righteous being caught up to meet the Savior? Is this done prior to Him standing on Mt Sinai?
+1Mummy wrote: Or if its 2015....then end of 2011 is turning point and mid 2008 was the beginning point....
Original_Intent wrote:Maybe Egypt was planned, maybe it wasn't. I tend to think it caught the NWO group off guard. Now, of course I beleive they are scrambling and will do their best to capitalize on it or at the very least minimize the damage to their plans. And you may be right, it may have been planned, I just don't believe that is the case. That's nothing more than a gut feeling on my part, time will tell, I suppose.