1) Yes we are going to slide into depression, fairly deep depression.
2) gold will run to 1500, then to 2500.
3) we will be in another war.
4) the DOW will trade below 5000 probably hitting 4500
5) Hyper inflation will come and interest rates will top 12%.
6) unemployment will continue higher, with 15% officially and 25% unofficially.
7) One of the major banks will fail
8 )The FED will be audited, and the findings will spur even deeper cries for wider audits, and their disbandment
9) The FDIC will declare itself insolvent
10) 2200 small banks will fail.
11) More Foreign nations will default on their sovereign debt
12) Trade wars will develop
13) after a brief rally the dollar will continue to fall.
1) The problem will exceed terms like depression or deep depression. This is a complete malfunction of all government debt worldwide, this is not some downturn caused by Keynesian economics.
http://en.wikipedia.org/wiki/Keynesian_economics
Both the republican and democratic parties are Keynsians taking us down the same road. They just like to pit us against each other by tugging at our own moral values and compasses. The fact is that they are both complicit in this problem, working with other world leaders to bring about this crash before the dawn of Aquarius.
2) Gold is tricky. The pricing structure now is based on fake dollars and a failed system of trade. Here is what I can tell you about Gold, It has decoupled from the Dollar. On days when the dollar goes down, Gold has remained steady indicating trade manipulation. If you go to gold sellers (big ones not some black guy on the corner) they are offering over spot prices. They are paying more than market for physical to sell to people. Umm..
www.kingworldnews.com has released some insider trader information about the gold/silver markets from a Chase whistle blower. This situation is waiting to explode bigger than you say. The only thing holding Gold down is price manipulation, period.
I'd say.. if you had to base it in US dollars, you are looking at 100x the price in 1980 factoring in inflation since that time.
3) War ships are on their way. Let me remind everybody that China has recently attacked US warships, Korea is going to go back on the cease fire with full USA approval, Iran is wanting to provoke tensions and has called for all groups with agendas against Israel to close them this year, and Obama is being quite standoffish with Israel, no comments on them too touchy
4) The Dow is pointless as an economic meter any longer, but in case you were wondering it will fight 10,000 support for a while and a time, but it will then test 8,000 and will never return. 4,500's are probable numbers for the fall, even if its for a second. You know how that works... today it was testing 8,000's.
5) Hyperinflation will come? You have some MESSED up definitions of inflation then. Our dollar has lost 1000% of its value since 1935. 1000%. That penny in 1947 is now worth the same a Dollar. Hyper inflation is here, but people will really start to notice when prices are starting to change weekly. Right now, they are going up monthly on some commodities such as food. Have you started planting your VEGETABLE GARDENS YET? Food might cost 200% higher in fall. How many meals does that cut out of your budget?
6) Unemployment based on old time calculation is at 25%. Your numbers are off. But if you want to use the official US calculations that they use now, sure your numbers sound ok. But I'd say that they will find a way to change the way the numbers are presented before it hits a double digit number on the official U3.
7) Yes. Its called the Federal Reserve.
The age of sovereign central banks is coming to a close, the IMF will be taking over from here most likely.
8 )The Federal Reserve proposals to audit the fed are being produced by Freemasons. The Federal Reserve is run by Freemasons. I don't see how this will work or produce revolution or results other than lies, but that is how this Freemason country works. Go ahead and buy the sales pitch that this country will be returned to any constitutional bounds.. they are selling it to you well Alex, Paul, and the mainstream media all are selling it well. Too bad I'm not so gullible.
9) Yeah.. They do not have the money to cover the 775 banks that were just listed as potential problem banks. Most of these banks are failing because of a new financial crisis which is a sideshoot from the consumer mortgages. As consumer spending plummets, business loans are now failing. They are bigger tan anything out there.. this is big fire fuel.
10) It will stop before then.. once the bank failures become big news all the time, there will be consolidations in the banking industry to create larger more powerful banks. This is in line with the IMF taking over the banking industry.
11) Portugal, Spain, Ukraine, Greece, Lithuania, Ireland, United Kingdom and with it the Euro.
12) Trade wars have been going on since the end of World War II. (at a minimum) Remember the rule of law governs the conduct of nations now.
13) Historically the dollar has been price linked to Gold. This is no longer the case. The dollar rally is not going to happen like you think.. there is not many more buy opportunities for you to close out your positions in cash.
13 points huh?
Lets add to that:
The health care bill passed a law that requires all businesses to send 1099 tax forms to every company or individual from which they purchased more than $600 in services and goods throughout the tax year, beginning on January 1, 2012. That could easily include us just as quickly as they penned this one and slipped it into some "health care" bill that you thought you wanted/needed.
I have included a chart that I found quite shocking. Its simple to explain. The chart below was taken from
http://economicedge.blogspot.com/2010/03/most-important-chart-of-century.html and they called it the "Economic Chart of the Century. I will quote them on the explanation:
View attachment 957374
"What follows is the most important chart of your lifetime. It relegates almost all modern economists and economic theory to the dustbin of history. Any economic theory, formula, or relationship that does not consider this non-linear relationship of DEBT and phase transition is destined to fail.
Back in the early 1960s a dollar of new debt added almost a dollar to the nation output of goods and services. As more debt enters the system the productivity gained by new debt diminishes. This produced a path that was following a diminishing line targeting ZERO in the year 2015. This meant that we could expect that each new dollar of debt added in the year 2015 would add NOTHING to our productivity.
Then a funny thing happened along the way. Macroeconomic DEBT SATURATION occurred causing a phase transition with our debt relationship. This is because total income can no longer support total debt. In the third quarter of 2009 each dollar of debt added produced NEGATIVE 15 cents of productivity, and at the end of 2009, each dollar of new debt now SUBTRACTS 45 cents from GDP!"
We are running out of time to prepare for the disasters that follow. If Greece is any indication that things could get ugly here.. hows this for some news?
http://www.armytimes.com/news/2008/09/army_homeland_090708w/
The Army's Consequence Management Response Force, 80,000 troops that "
may be called upon to help with civil unrest and crowd control or to deal with potentially horrific scenarios such as massive poisoning and chaos in response to a chemical, biological, radiological, nuclear or high-yield explosive, or CBRNE, attack."
Greece style baby.
and now the fine print: I am not a scholar, prophet or anything spectacular. I am probably not predicting anything realistic. I am simply basing my information on articles that I have read based on trends forecasters and economic/political writers have written. I have used a broad open minded view from everybody to conclude the above conclusions. Some of this is based on information that might be deemed "occult" or "esoteric". While i'm on the subject all predictions that are right are just by chance, and if you dont agree please remember that i'm probably wrong anyways so lets just smoke a big joint of purp urk and chill.