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BANKING & ECONOMY

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skipman
Member
#1966 | Posted: 21 Dec 2016 20:11
Reply 
Is this guy paranoid or prescient?

https://www.streetwisereports.com/pub/na/17214
skipman
Member
#1967 | Posted: 22 Dec 2016 22:09
Reply 
When the stress test were carried out on Europe's banks. Spain and Portugal were not included. They are literally hanging on by their finger nails and are in no shape to pass the stress test.If they were included they would have not passed in any way shape or form,despite manipulations from the testers so they were left out.

There was also another reason,an upcoming decision from the European law courts. The The test would have revealed the how little the banks had in reserves. If the court finds against them the result would have been catastrophic.

The judges have made their decision and the pale rider is waiting in the wings.

http://wolfstreet.com/2016/12/21/european-court-of-justice-floor-clauses-against-span ish-banks/

If the banks do go down how are the people going to get the money that is rightfully theirs?
skipman
Member
#1968 | Posted: 5 Jan 2017 23:14
Reply 
nordsee220
Member
#1969 | Posted: 6 Jan 2017 13:23
Reply 
skipman:
Is this guy paranoid or prescient?

https://www.streetwisereports.com/pub/na/17214

Remember, in 1933 the US preisdent signed an executive order banning the possession of gold coins etc. Anything other than basic jewellery which costs more than the value of it scrapped for its gold content. https://www.statista.com/statistics/268027/change-in-gold-price-since-1990/

Also remember my advice, given here several times:
Invest in tins of soup, baked beans and corned beef. For when TSHTF you can't make a screwdriver from gold but you can live on a tin of beans.
skipman
Member
#1970 | Posted: 6 Jan 2017 16:29
Reply 
The sudden withdrawal of the large denomination notes from India's economy and the very short time period to change them into smaller value ones, has been a great(under reported) shock the the people of India.

This was no anti fraud measure by the government, that was a very lame excuse.

Someone has done some digging and found who is really behind this sudden drive for digital payments. As always in cases like this qui bono?

http://norberthaering.de/en/home/27-german/news/745-washington-s-role-in-india#weiter lesen

How long before Europe is made to follow suit?
skipman
Member
#1971 | Posted: 14 Jan 2017 21:03
Reply 
nordsee220
Member
#1972 | Posted: 14 Jan 2017 21:55
Reply 
skipman:
If they do bring in a cashless system and this happens, do you think there could be riots?

http://www.express.co.uk/life-style/science-technology/752797/Lloyds-Halifax-and-TSB- websites-down-leaving-customers-unable-to-access-online-banking

A while back I suggested here that some of the "computer system crashes" we'd seen, disabling cashpoints and even so far as people being unable to access funds either online or in branch were "tests" for a forthcoming event. Possibly a FF so our gummints can blame a foreign entity. A bit like "Russia hacking the US election"????
skipman
Member
#1973 | Posted: 16 Jan 2017 22:23
Reply 
Financially Greece is in a precarious position and is getting looted by the financial barbarians.

Spain and Portugal are also in a mess.

Italy is hanging is hanging by a thread, just a matter of time.

China has seen the price of bit coin jump from just under $800 to over $1100 then crash to just over $800 in the space of over a week.

When the Chinese government cracked down on the flight of capital it caused the price to jump when the Chinese people saw the yuan devaluing against the dollar.

http://wolfstreet.com/2017/01/12/bitcoin-collapses-chinese-latecomers-get-fleeced/

Another country, that through bad government and endemic corruption that is about to get even worse if Trump follows through with his election promises, is Mexico.

http://wolfstreet.com/2017/01/08/threats-challenges-facing-mexico/

The press is to busy diverting every ones attention toward Russian hacking/aggression and Trumps fights with the press and the I.A's.

nordsee has the right idea.
quark1
Member
#1974 | Posted: 16 Jan 2017 22:58
Reply 
With regard the alleged rusky hacking - if any hacking did take place by a 'foreign' power my money would be on China - what better ploy than to get your 2 biggest political rivals to tear each other apart and save you the bother while you grow rich from the spoils of other peoples' wars? Just a thought - probably cheek by jowl with crazy - but I never said I was 100% sane!
skipman
Member
#1975 | Posted: 23 Jan 2017 22:24
Reply 
More countries are getting on the cashless band wagon.

http://thomasdishaw.com/2017/01/coming-cash-currency-bans-sweeping-globe/
skipman
Member
#1976 | Posted: 29 Jan 2017 22:29
Reply 
America's stock market finally broke through the 20,000 mark. Everyone is saying the goods are here. Really?

Those in the know are selling their stocks as fast as they can. how long before the bubble bursts?

http://www.zerohedge.com/news/2017-01-28/one-chart-americas-corporate-elite-dont-want -you-see
skipman
Member
#1977 | Posted: 31 Jan 2017 14:21
Reply 
skipman
Member
#1978 | Posted: 31 Jan 2017 14:28
Reply 
skipman:
Italy is hanging is hanging by a thread, just a matter of time.

Tick Tock Tick Tock

http://wolfstreet.com/2017/01/30/is-italys-banking-problem-becoming-too-big-to-solve/
skipman
Member
#1979 | Posted: 31 Jan 2017 15:48 | Edited by: skipman
Reply 
The documentary channel are doing a series, I think it is called Brad Metzler's Decoded.

I watched the one about the supposed gold in Fort Knox, is it there or not?

They mentioned that in 1974 some politicians went down and saw one of the thirteen vaults was full and declared everything was okey dokey.

What they did not mention was some analysts who say the colour T.V. news coverage noted the off colour of the gold. This suggested that what they saw, were the gold coins that Roosevelt had stolen from the people in 1933 and melted down.

They also did not mention what caused these politicians to insist on seeing the gold.

It was a whistle blower, she was secretary to the Rockerfellas, three days later she was suicided.

http://www.silverdoctors.com/gold/gold-news/40-years-of-gold-manipulation-beneath-the -surface/

http://www.silverdoctors.com/gold/gold-news/40-years-of-gold-manipulation-beneath-the -surface/
skipman
Member
#1980 | Posted: 2 Feb 2017 16:44
Reply 
A quote from a previous Bank of England governor. It explains everything.

http://wwwkevboyle.blogspot.co.uk/2017/02/something-simple.html
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