Archive for December, 2010

Market Crash in 2011?

December 30, 2010

Analysis by Greg Hunter:

usawatchdog.com

From the very beginning of QE2, it was no secret the Federal Reserve wanted the stock market to rise. The Fed got its wish. Many people see the stock market increase of nearly 20% in a few short months as a sign things are turning around. The turnaround is really a mirage of the printing press. Even so, some pundits think the economy is on the mend. Maritime News reported last week, “It has been successful,” Peter Hooper, chief economist at Deutsche Bank Securities Inc. in New York, said of Bernanke’s policy of pumping money into the financial system, dubbed QE2. “It’s contributed to the rally in the stock market” and has “been important in reducing substantially the downside risk of deflation.” (Click here for the complete story.) Pumping money into the stock market to get stocks to go up is not the same as hiring people and making products so share prices grow. With the stubbornly high unemployment rate of 9.8% (or more than 22% according to Shadowstats.com), this is just one of the dismal facts of this economy. Other gloomy indicators are the million plus foreclosures this year and next. The auto industry just had its fourth month of decline in new orders. The FDIC has shut down 157 banks so far this year, and all the banks look solvent only because of rule changes that amount to government sanctioned accounting fraud. You cannot have the banks, housing and auto sales all tanking at the same time and expect the party to last.

For the life of me, I cannot see how share prices going up are going to get businesses hiring again. This stock market rally is good for one group of people – insiders. They are selling at a rate of more than 80 to 1 over buyers. It is obvious this market is not growing organically but is simply being pumped. Now, people should look out for the dump. Will the market continue to rise? Will there be QE 3, 4, 5, 6, 7 or to infinity? Is printing money the true road to wealth and prosperity? I think you know where I’m going.

A funny and clever way to illustrate what is going on has been put together by a group called Xtranormal. They have produced a series of financial cartoons that explain the economy. Below is one of their latest called “Suckers rally: Pimp Bernanke and the Psychopathic Super-Whores of CNBC.” (Yes, this the actual title.) Enjoy the cartoon below:

Irishman tells it like it is!

December 15, 2010

FoundingFather1776 Notes: Since half of my lineage is Irish-American, I have a special affinity to the Irish.  As I also love the truth, I have a fondness for straight-talking truth-tellers as exemplified by this Gentleman…..

Buy Physical Silver! Crash JP Morgan!

December 4, 2010

Dear Readers,

My blog, and thousands of others, have documented cases where the government and the banksters that control it have run roughshod over our rights.  They debase our currency, they steal our liberties, they dumb-us down and tell us everything is just fine while wholesale looting and fraud is openly carried out by their minions.

I know the litany of injustice we confront can seem overwhelming.  I know it is easy to feel like we cannot possibly do anything to defeat the bastards.  I know times are hard and many of us have very limited means.

What can we do?

Two words: BUY SILVER!  If you have $35-$40 you can buy a one ounce silver coin.  If enough of us buy even one silver coin, we can make the banksters at J.P. Morgan go bankrupt…and that will be the first time in modern history that the “little guy” was able to take out one of their opressors directly and decisively!  

Maybe when that happens their fellow criminals at the Federal Reserve, at Goldman Sachs, and the rest of the Wall Street cabal will decide they best ease off on the ongoing economic rape of America.

J.P. Morgan has been “selling” millions of ounces of silver that they don’t have (and that do not exist) in a scam called “naked short selling” – this allows them to make millions of dollars in fraudulent profits and to also supress the price of silver from what it should be.  If everybody buys just a few ounces of silver – REAL silver, not silver stocks or certificates - and takes possession of their silver, JP Morgan will be forced to start covering their short positions and the price of silver will skyrocket….and JP Morgan will go bust!

Not only do you get to fight back against the fraud and corruption that is robbing us of a real economy, you also stand to make a fantastic return on whatever amount you invest.  How can you turn down an offer like that?

This explains it better than I can:

By the way, if you don’t know how to buy silver bullion you are not alone.  Less than 1% of Americans own any gold or silver bullion at all.  Here is an article I wrote a while back that explains how to do it (note what the price of gold was when I wrote this):

http://foundingfather1776.wordpress.com/2008/01/21/why-i-say-buy-goldi-mean-buy-gold-now/

There are many reputable companies that you can buy from – it is easy to do.  Once you do it the first time, you’ll wonder why you didn’t start sooner….it is so easy!

Buy silver!  Crash JP Morgan!


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