Economic Collapse Update AUGUST 21, 2009 The Stock market is higher and the MSM is calling for an economic recovery. Gerald Celente and Peter Schiff are predicting the complete opposite (pretty much). Who do you trust? Can you get truth from MSM if you go with the opposite of what they say? They have not talked too much about the dollar and it seems they are avoiding this subject. This might be because they want to keep people distracted from the dollar charts and how it is created. When you hear anything from the MSM when they say "investors brought stocks up higher or lower" you can replace that with Goldman Sacs. Therefore, because of this theory alone and them not mentioning the dollar that much, this points to me that the collapse is happening for the dollar (as if I didn't know that before hand anyway.. it is more information to back it up) LINKS: Ben Bernanke says Economy near recovery finance.yahoo.com DOW JONES FOR SALE www.cnbc.com MY BLOG trade-technicals.blogspot.com
Tags: August, Economic, Trust, update







You have to actually have cash in stocks to know whats up I know people who watch the market 8 hours a day.. Hit the spots that do well then pull out typical people go by the books (nerdy ones) smart ones know what up and will see through shit if your smart you can bank off of the market.
Peter Schiff was right. Peter Schiff is right.
Another way of determining the short term future development of the stockmarket is looking at who is buying and who is selling. Right now professionals are selling and private citizens are buying. Very bearish.
this was on my bday
Thank you for spreading the truths!
Heres the truth reccession is when your neighbor is out of work. Depression is when your out of work. The economy is not a single entity. The top or bottom makes no differance. One cam only work to improve ones own comdition.Some businesses are getting better,, some aren't. Because of the internet, the stock market is only a knee jerk reaction to the news. If the goverment continues to hate big business or any business we will see a slow recovery.
Good stuff. Im glad i checked this out
Kind of sounds like what they said about Greenspan when he came out of the federal reserve monthly to give information on whether they will increase rates or not. They also have another similarity, they have inside information that we are not privy to. Therefor it's a game inwhich the average person cannot win at.
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Buffett is 100% trustworthy. He is the oracle.
He has never played the market but he has invested in the best companies.
im not here to entertain, I am here to give news of truth.
boring..... 0.o
I haven't read Denningers but I knew that already. SS was a scam after 1970. They just use the money to expand their massive spending habit. Social Security was robbed years ago.
I predict between now and November 200+ banks will have closed.
I do not consider too much that the PTB wants everyone to think it would happen because they do their darndest to shut people out like Goerge Ure, G. Celente and myself. Because of this if you want people to be distracted on what they say I think of their called economic recovery, H1N1 and Health care plan as part of their plan some how.
True: Buffet probably can't be trusted to benefit anyone but Buffet himself; & time lines have been condensed. However, unless I'm mistaken, webbot picks up on [people's] writings on the internet. Has anyone considered that what is being predicted is exactly what the PTB wants everyone to think will happen? They turned this latest depression around like it never existed, in that now a slow recovery is predicted. Yet still we might see a three day shortage of food and energy, via false flag.
It hard to believe anything Buffett says he's played the market for years. The 2 corporations that will win the biggest from stimulus money is GE, and bailout being Goldman Sacs. Of which, both companies Buffett invested heavily after the market crash.
Buffet gave a lot of truth. Whatever he says (pick the opposite) and you win. His track record is horrid.
Regarding 10 years -
considering the cycles we go through a decade, serious stuff has to happen and it should be quicker. For more and more stuff has always happened in less and less time. 10 years in the 30s is less than a year today for the amount of evolution that occurs in our world. This is probably why the death of the dollar will last a little over a year according to webbot.
A collapse could be a decade away. Acutally I'm accumulating broader market funds. Someone before said Buffet foresees "market destruction." Factually Buffet recently applauded current money printing policies. In the NY Times on 8/19/09 Buffet said that the US is on a slow path to recovery. He does caution that when inflation increases further, that the FED will need to reverse course. I think that the FED will let inflation run exactly like in 2003. In any event Buffet is tickled pink.
People with a brain and the facts know the system will collapse. The question is how hard they can kick this can down the road. They are using freshly printed dollars to manage as many things in the economy as possible. Fact: there is no such thing as a jobless recovery under the current system. Not when the system is based on 70% consumer activity. The question really is when. I feel Commercial will push us over the edge. That collapse is happening now. Hold onto your shorts.
the system is FINISHED !!! NEVER..EVER......to come back in its current form....yaaaaaaaayyyyyyyyyy!!!
drove my clunker to the levy but the levy was dry...
Facts speak louder than words: last week the dollar lost ground to the Euro, the Pound and the Swiss franc, the Obama followers would have had to make a fortune last week to offset the devaluation. It is simply a matter of time, bye, bye american pie...
1 Googol and pay off everything - that made me laugh hard.
My source of information is the best! It's called Ben Bernanke! He has a perfect track record of being wrong. I would follow him blindly! But i'm too short of nuts to get in the stocks market ;(
webbot and myself have given dates for this collapse and the start of the next shoe is a few weeks away (September) and the duration is over a year long.
I found your site via yahoo thanks for the post. I will save it for future reference. Thanks Stock Market Forum
amazing stuff thanx
also...
You made some good points there. I did a search on the topic and found most people will agree with
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