The Great Recession 2.0 (2019)

[oyarde]

Looks like we keep on Chooglin' , Dow 26K , Palladium up 22.00 , West Texas Light Sweet Crude 54 , Brent Crude about 62 1/3 , one yr oil forecast 62.00 , Wholesale gasoline 1.72 , Nat Gas 2.34. Phillip Morris ( NYSE ) 76.96 , ( last quarterly dividend 1.14 ) .

[phill4paul]

9 months to go until Rev. 3.O leaves the forums in disgrace. Tick-tock.

[oyarde]

Looks like Sept Corn about 425 , Sept beans about 875 , Dec Wheat about 525 . Oyarde will be able to pay Nov property taxes and keep on chooglin' .

[oyarde]

I am expecting Gold to go over 1340 tonight on the Asian market . Dow flat today @ 26K , Nikkei down a little still 3400 off the 52 week high .

[Firestarter]

I think that the market crash will be orchestrated in this year (2019) and that this is discussed as we speak at Bilderberg: http://www.ronpaulforums.com/showthr...ing-Bilderberg

They need a genuine panic to get a full-blown crash going.

Possibilities I could think of for orchestrating the crash include...

The Brexit hysteria.
Sanctions on Venezuela and/or Iran lead to lower oil production, with oil prices exploding.
Tarrifs, counter-tariffs and sanctions.

Less than 2 weeks after “they” discussed the market crash at the Bilderberg meeting in Switzerland, it is reported in some kind of media hysteria that 2 tankers affiliated with Japan were attacked in the Gulf of Oman.

US authorities immediately blamed Iran, who denied involvement
As a result oil prices jumped more than 3% in less than a day...


Coincidentally, Japanese Prime Minister Shinzo Abe is for a 2-day visit in Tehran.

This comes hot on the heels of the hysteria on the supposed attacks on 4 oil tankers on May 12: https://www.cnbc.com/2019/06/13/oil-...f-of-oman.html

[oyarde]

Gold over 1340 now , silver might hit 15.00 tonight. Palladium up 32.00 , Rhodium up 250.00 . Dow still 26K . Todays low for gold was thirteen hundred and a third . Gold closed 2016 at 1189 , 2015 at 1096 , 2008 at 869 . In 1999 290.20 .

[Firestarter]

Trump’s trade war is conducted in a backwards manner. Household debts are climbing to an all time high. A large portion of US retail relies on loans; once debt grows beyond the consumers’ ability to keep up, retail sales start to decline. US consumers aren’t even using their credit to buy more products, but are probably borrowing more money to pay off old debts.
This credit “death cycle” (also) happened just before the crash of 2008.

The only people who will benefit from the the trade war are the elites.
To institute global centralisation, the elite need a complete crisis that can be blamed on others. They’ll use the threat that this will happen again, to demand intervention by international organisations like the IMF, World Bank and BIS.
The Brexit hysteria could help orchestrate the complete panic needed to collapse the “Everything Bubble” the central banks have created.

Here are trade war developments that suggest that “World War III Will Be An Economic War”:
Collapse Of Trade Talks

Abrupt Spike In China Tariffs
China’s Retaliation
Surprise Tariffs On Mexico
Tariffs Against India

Tariffs Against Australia
Trump Offers UK A Deal If They Brexit

Potential Tariffs On EU Auto Industry

Another way to bring complete chaos to the world economy, the “nuclear option”, is the threat of replacing the petroldollar as the world reserve currency. This is the one pillar left holding up US (economic) power.
The introduction of a new global currency system tied to the IMF Special Drawing Rights (SDR) basket has been insinuated over and over: https://www.davidicke.com/article/54...-world-war-iii

[Zippyjuan]

Another way to bring complete chaos to the world economy, the “nuclear option”, is the threat of replacing the petroldollar as the world reserve currency. This is the one pillar left holding up US (economic) power.
The introduction of a new global currency system tied to the IMF Special Drawing Rights (SDR) basket has been insinuated over and over: https://www.davidicke.com/article/54...-world-war-iii

"Let's replace the dollar with the dollar." (almost half of an SDR is comprised of $US- 30% is Euros. The rest is Chinese Yuan, Japanese Yen and British Pounds)

[Firestarter]

"Let's replace the dollar with the dollar." (almost half of an SDR is comprised of $US- 30% is Euros. The rest is Chinese Yuan, Japanese Yen and British Pounds)

I don't believe that they really intend to replace the petroldollar that allows the US to stage an endless amount of wars to the benefit of the elites, mass migration and their depopulation agenda.

There ARE regularly reports that Iran will only accept Euros for their oil, but in reality the Kish Bourse is only trading in oil-derived products: https://en.wikipedia.org/wiki/Iranian_oil_bourse

[devil21]

"Let's replace the dollar with the dollar." (almost half of an SDR is comprised of $US- 30% is Euros. The rest is Chinese Yuan, Japanese Yen and British Pounds)

Yeah and of course that's written into stone and can never be changed. Ever.

The SDR should be due for a re-weighting review in the next couple years.

Nothin' major goin' on that should have any impact on that though...

[Zippyjuan]

Yeah and of course that's written into stone and can never be changed. Ever.

The SDR should be due for a re-weighting review in the next couple years.

Nothin' major goin' on that should have any impact on that though...

They recently did a re-weighting to add the Yuan.

[devil21]

They recently did a re-weighting to add the Yuan.

If 3 years ago is "recent", sure. They review it every 5 years. But of course that's written into stone as well.