GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Saturday, December 20, 2014

Will Falling Oil Prices Crash the Stock Market? - Max Keiser

Ahead of the collapse of 2008 well known investment manager Bill Fleckenstein warned that real estate and stocks were headed for a crash. He positioned himself and his clients to absorb the brunt of the imminent hit that was coming to financial markets. Unlike the millions of people who saw some 40% of their wealth vaporized by mid-2012, Fleckenstein survived and actually profited by betting against the official propaganda. In an interview with Eric King of King World News, Fleckenstein warns that the same machinations and corruption responsible for the collapse of our economic and financial systems in 2008 remain a serious threat today. Gold rose the most in two months as the dollar headed for the biggest drop in almost a year, reviving the metal’s appeal as an alternative investment after prices touched a 2014 low. Silver jumped the most in 15 weeks. The dollar fell as much as 0.9 percent against a basket of 10 currencies as uneven U.S. labor-market data fuels speculation on when the Federal Reserve will raise interest rates. A gold backed currency? What a crazy concept. My bet is the market will love it. The banks will hate it, but overall the Swiss people will benefit. So will the non-Swiss who are paying attention now. Switzerland yet again shows that it is the most sane nation-state on Earth. Two weeks ago when news broke about the first confirmed instance of gold price manipulation (because despite all the “skeptics” claims to the contrary, namely that every other asset class may be routinely manipulated but not gold, never gold, it turned out that – yes – gold too was rigged) we said that this is merely the first of many comparable (as well as vastly different) instances of gold manipulation presented to the public. Today, via the FT, we get just a hint of what is coming down the pipeline with “Trading to influence gold price fix was ‘routine’.” We approve of the editorial oversight to pick the word “influence” over “manipulate” – it sound so much more… clinical. Platinum dropped to the lowest in more than a week in London, falling below the price of gold for the first time since April 2013, on concern that slowing economic growth will curb demand. Platinum slipped about 17 percent since mid-July, partly after a South African mine strike that deepened a third straight supply shortage ended. Prices have also retreated on concern slowing economic growth in Europe will reduce demand. Gold had erased gains for this year earlier this month as signs of an improving U.S. economy boosted the case for less U.S. stimulus, strengthening the dollar and curbing precious metals’ appeal. "max keiser" gold silver "stock market" bank banking "bank account" europe u.s. usa america "united states" economy crash collapse usd "u.s. dollar" forex trading "forex trading" jobs employment "day trading" markets "gold etf" "sell gold" "buy gold" bonds investment "real estate" bubble "bull market" prediction 2014 2015 france germany london "gold bullion" "perth mint" uk "united kingdom" "gold eagle" inflation debt loan "credit card" cash "elite nwo agenda" billionaire george soros safe haven silver gold paper fiat currency asset china hoarding gold wall street oil price russia ukraine ebola Looking back, the most recent financial crisis that we experienced was back in 2008. Lehman Brothers collapsed, the stock market crashed and we were plunged into the worst recession that we have experienced as a nation since the Great Depression. You can see what happened to the Dow Jones Industrial Average on the chart that I have posted below… It looks like a growing number of professional investors are preparing for a stock market crash, as hedge fund filings for the second quarter show a spike in defensive positions. In particular, legendary billionaire George Soros made a huge bet against the market. He increased his short position on the Standard & Poor’s 500 by a startling 605%. And you thought stock-market crashes were a thing of the past. One ancillary benefit of this week’s turmoil has been to remind us that a market crash could occur at any time. We had been lulled into a false sense of security by the markets’ exceptionally good performance in recent years, coupled with our too-short memories. At one point during the air pocket that hit during Wednesday' session, the Dow Jones Industrial Average had fallen almost 508 points — which, coincidentally, was the same decline during the 1987 stock market crash, the worst in U.S. history.

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