Results 1 to 28 of 28

Thread: The Elites Are Jumping Ship As The Financial Collapse Draws Near

  1. #1

    The Elites Are Jumping Ship As The Financial Collapse Draws Near

    http://www.shtfplan.com/headline-new...-near_07272017

    It’s easy to think of the political and financial elites who run our world as lofty and all powerful. They command dangerous governments that can wield devastating weapons, central banks that treat our economy like a rigged casino, media conglomerates that pacify the minds of the public, and unbelievably wealthy corporations that have concentrated wealth to an unprecedented degree.

    However, they’re certainly not invincible, and the systems of control that they’ve created are rapidly diminishing. Most notably, they seem all to aware of the fact that the global economy is headed for a crash. On the rare occasion where you can catch one of the elites in a moment of candor, they’ll tell you that the party is almost over.

    Mohamed A. El-Erian is a bona fide member of the global power elite (a former deputy director of the IMF and president of the Harvard Management Co.). Yet he writes in a fairly accessible style on the popular Bloomberg website. When El-Erian talks, we should all listen.

    In a recent article he raises serious doubts about the sustainability of the bull market in stocks because of reduced liquidity resulting from simultaneous policy tightening by the Fed, European Central Bank (ECB) and the Bank of England.

    He says stocks rose on a sea of liquidity and they may crash when that liquidity is removed. This is a warning to other elites, but it’s also a warning to you.


    Their actions are quite telling as well. Sovereign wealth funds, which are largely funded and owned by powerful governments to invest in domestic industries, are jumping ship.

    Among sovereign wealth funds, the Government of Singapore Investment Corp. (GIC) is one of the largest, with over $354 billion in assets. So what does the head of GIC say about markets today?

    Lim Chow Kiat, CEO of GIC, warns that “valuations are stretched, policy uncertainty is high” and investors are being too complacent.

    GIC allocates 40% of its assets to cash or highly liquid bonds and only 27% of its assets to developed economy equities.

    Meanwhile, the typical American small retail investor probably has 60% or more of her 401(k) in developed economy equities, mostly U.S.


    In other words, the investment arms of wealthy nations are pulling out of the stock market and out of companies in their own economies (developed economy equities), and putting their money into assets that can be quickly turned into cash. It’s practically an admission by the elites, that they think the economy is completely unstable.

    ...
    Full article on link.

    ---

    Anyone wanna take any bets on how Zippy will be in shortly to tell us Everything is Awesome?

    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.



  2. Remove this section of ads by registering.
  3. #2
    The talking heads on CNBC have been pushing doom for years, and it was extra heavy this week. Eventually they will be right.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  4. #3
    Quote Originally Posted by Brian4Liberty View Post
    The talking heads on CNBC have been pushing doom for years, and it was extra heavy this week. Eventually they will be right.
    Zippy took over a mod account?

  5. #4
    I am feeling pretty good .
    Do something Danke

  6. #5
    He says stocks rose on a sea of liquidity and they may crash when that liquidity is removed.
    The Fed stopped adding liquidity in 2014 when they ended QE. (if the experts were fleeing they would be taking money out of stocks and bonds and stock prices would be falling since they control most of the money- and bond yields would be rising- they have fallen due to higher demand for Treasuries).

  7. #6
    Quote Originally Posted by Zippyjuan View Post
    The Fed stopped adding liquidity in 2014 when they ended QE. (if the experts were fleeing they would be taking money out of stocks and bonds and stock prices would be falling since they control most of the money- and bond yields would be rising- they have fallen due to higher demand for Treasuries).
    Yup. So everything is awesome, just like I said you would say. There is no bubble. The party will continue forever.

    -REP because yet once again, you are absolutely contrary to what the rest of us are calling out. We say printing money is bad, you say it is a-o-just-fine. We say interest is bad, you say the exact opposite. We say fiat currency is dangerous. You use statistics straight from the money printers to tell us how awesome everything is.

    This is HOW you have earned FOUR RED BUBBLES.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  8. #7
    A guy I have known for many years that has been in the restaurant biz for probably the last 6 years in various low-level to management positions told me tonight that 94% of restaurants in my roughly 10th largest city in the country are NOT PROFITABLE. They're burning cash, that's coming from somewhere, but they're losing money hand over fist. As surprising as that sounds, considering the cost of a dinner these days, I trust his opinion.
    Last edited by devil21; 07-31-2017 at 01:52 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  9. #8
    I've been saying for awhile now that I think the debt ceiling may be the pin that pops the bubble.



  10. Remove this section of ads by registering.
  11. #9
    Quote Originally Posted by Madison320 View Post
    I've been saying for awhile now that I think the debt ceiling may be the pin that pops the bubble.
    Nah... There is no "ceiling"; only a suggestion. Something like, "hey, let's use this number to think about our spending a little. Then we can continue to spend as much as we want. Don't worry, we'll create a new number to think about it again in the future."
    "And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works." - Bastiat

    "It is difficult to free fools from the chains they revere." - Voltaire

  12. #10
    Quote Originally Posted by CaptUSA View Post
    Nah... There is no "ceiling"; only a suggestion. Something like, "hey, let's use this number to think about our spending a little. Then we can continue to spend as much as we want. Don't worry, we'll create a new number to think about it again in the future."
    I agree, but the pin that pops the bubble doesn't need to be that big. I think they'll take the new agreement to raise it down to the wire. And then after the new agreement the total debt is going to jump by 600 or 700 billion in a couple months and that might spook the markets.

  13. #11
    Apple's Q3 report shows business is down 20% across the board from Q2. Iphone shipments, revenue, EPS, etc all down 20% from last quarter. But it beat nebulous expectations so rally on! Apple up 5% in after hours trading.

    This $#@! is well past the point of absurd.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  14. #12
    Quote Originally Posted by devil21 View Post
    Apple's Q3 report shows business is down 20% across the board from Q2. Iphone shipments, revenue, EPS, etc all down 20% from last quarter. But it beat nebulous expectations so rally on! Apple up 5% in after hours trading.

    This $#@! is well past the point of absurd.
    So much money being washed. This thing is beyond comprehension.
    "And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works." - Bastiat

    "It is difficult to free fools from the chains they revere." - Voltaire

  15. #13
    Quote Originally Posted by devil21 View Post
    Apple's Q3 report shows business is down 20% across the board from Q2. Iphone shipments, revenue, EPS, etc all down 20% from last quarter. But it beat nebulous expectations so rally on! Apple up 5% in after hours trading.

    This $#@! is well past the point of absurd.
    Run up prior to the new phone being announced.

    http://money.cnn.com/2017/08/01/tech...ngs/index.html

    Apple stock pops on optimism for iPhone 8 sales


    Apple (AAPL, Tech30) said Tuesday it expects sales for its fourth quarter, which ends in September, to come in as high as $52 billion, more than analysts had expected.

    That estimate suggests Apple is likely to launch its newest iPhone model -- expected to be called the iPhone 8 -- in September, despite earlier rumors of a possible delay.

    The guidance "implies some kind of September iPhone launch," Neil Cybart, an analyst who covers Apple for Above Avalon, wrote in a tweet after the earnings report.

    Apple stock popped 6% in after hours trading Tuesday following the earnings report, effectively adding nearly $50 billion to its market cap. The rally continued Wednesday, with shares rising 5% in early trading.
    More at link.

  16. #14
    Quote Originally Posted by CaptUSA View Post
    So much money being washed. This thing is beyond comprehension.
    This is probably a peek behind the curtain.

    Apple owns $51B in Treasuries and most of Apples's "$261B cash" is actually in various cash-equivalent debt securities, not actual liquid digital cash accounts.
    http://www.zerohedge.com/news/2017-0...rkey-or-norway

    So how about the possibility that the Fed/ESF (and colluding foreign CBs like SNB) are buying stocks like Apple and Apple, and other stock market darlings like Amazon, is in turn buying Treasuries, essentially acting as shell company buyers of debt that no one else is buying? Then Apple uses the debt holdings as collateral for more 0% loans to buy back the stock, raising price further, then selling it back out to CBs again? A continuous shell game loop of fake debt buying and fake stock prices.
    Last edited by devil21; 08-06-2017 at 01:44 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  17. #15
    Quote Originally Posted by devil21 View Post
    This is probably a peek behind the curtain.

    Apple owns $51B in Treasuries and most of Apples's "$261B cash" is actually in various cash-equivalent debt securities, not actual liquid digital cash accounts.
    http://www.zerohedge.com/news/2017-0...rkey-or-norway

    So how about the possibility that the Fed (and colluding foreign CBs like SNB) are buying stocks like Apple and Apple, and other stock market darlings like Amazon, is in turn buying Treasuries, essentially acting as shell company buyers of debt that no one else is buying? Then Apple uses the debt holdings as collateral for more 0% loans to buy back the stock, raising price further, then selling it back out to CBs again? A continuous shell game loop of fake debt buying and fake stock prices.
    Excellent Analysis.
    There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
    -Major General Smedley Butler, USMC,
    Two-Time Congressional Medal of Honor Winner
    Author of, War is a Racket!

    It is not that I am mad, it is only that my head is different from yours.
    - Diogenes of Sinope

  18. #16
    Quote Originally Posted by devil21 View Post
    This is probably a peek behind the curtain.

    Apple owns $51B in Treasuries and most of Apples's "$261B cash" is actually in various cash-equivalent debt securities, not actual liquid digital cash accounts.
    http://www.zerohedge.com/news/2017-0...rkey-or-norway

    So how about the possibility that the Fed (and colluding foreign CBs like SNB) are buying stocks like Apple and Apple, and other stock market darlings like Amazon, is in turn buying Treasuries, essentially acting as shell company buyers of debt that no one else is buying? Then Apple uses the debt holdings as collateral for more 0% loans to buy back the stock, raising price further, then selling it back out to CBs again? A continuous shell game loop of fake debt buying and fake stock prices.
    The Fed is not allowed to own any stocks. And only member banks can borrow money from them. And the total of all borrowing by member banks from the Fed is currently $166 million (not billions). https://fred.stlouisfed.org/series/BORROW so there is no way that the Fed is buying Apple stock and or loaning money to Apple in exchange for their Treasury holdings or stock.
    Last edited by Zippyjuan; 08-03-2017 at 04:48 PM.



  19. Remove this section of ads by registering.
  20. #17
    Quote Originally Posted by Zippyjuan View Post
    The Fed is not allowed to own any stocks. And only member banks can borrow money from them. And the total of all borrowing by member banks from the Fed is currently $166 million (not billions). https://fred.stlouisfed.org/series/BORROW so there is no way that the Fed is buying Apple stock and or loaning money to Apple in exchange for their Treasury holdings or stock.
    It is not on the balance sheet is what you are saying ?
    Do something Danke

  21. #18
    Quote Originally Posted by Zippyjuan View Post
    The Fed is not allowed to own any stocks. And only member banks can borrow money from them. And the total of all borrowing by member banks from the Fed is currently $166 million (not billions). https://fred.stlouisfed.org/series/BORROW so there is no way that the Fed is buying Apple stock and or loaning money to Apple in exchange for their Treasury holdings or stock.
    LOL. The Fed doesn't do anything it's not allowed to. Just ask 'em, they'll tell ya.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  22. #19
    Quote Originally Posted by oyarde View Post
    It is not on the balance sheet is what you are saying ?
    They are banned from buying them. Congress would have to approve letting them do it. And transactions the do engage in can only be done in the open market (like the buying and selling of Treasuries- they do not buy them direct from the US Treasury but from dealers in the secondary market).

  23. #20
    Quote Originally Posted by Zippyjuan View Post
    They are banned from buying them. Congress would have to approve letting them do it. And transactions the do engage in can only be done in the open market (like the buying and selling of Treasuries- they do not buy them direct from the US Treasury but from dealers in the secondary market).
    Hard to imagine anyone buying treasuries .
    Do something Danke

  24. #21
    Quote Originally Posted by oyarde View Post
    Hard to imagine anyone buying treasuries .
    They are considered to be one of the safest investments historically. Never defaulted on (past performance is no guarantee of future performance).
    Last edited by Zippyjuan; 08-04-2017 at 06:23 PM.

  25. #22
    Quote Originally Posted by Zippyjuan View Post
    They are considered to be one of the safest investments historically. Never defaulted on (past performance is no guarantee of future performance).
    Yeah, the US can never ever ever never ever default on its outstanding debts. Still dreaming in la la land.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  26. #23
    Quote Originally Posted by DamianTV View Post
    Yeah, the US can never ever ever never ever default on its outstanding debts. Still dreaming in la la land.
    As noted:

    (past performance is no guarantee of future performance).

  27. #24
    Quote Originally Posted by Zippyjuan View Post
    They are considered to be one of the safest investments historically. Never defaulted on (past performance is no guarantee of future performance).
    According to Dr. Paul, every day is a new default since the value of the FRN drops daily. Defaulted on gold-backed pledges a couple of times too. It seems it's not out of the realm of possibility that another default is coming and given the larger scale global economic changes underway it's highly likely.

    I just saw a KFC commercial touting a $10 'Chicken Share' meal. It was about 4 pieces of chicken. I remember not long ago when $10 bought an entire bucket of KFC.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book



  28. Remove this section of ads by registering.
  29. #25
    Quote Originally Posted by devil21 View Post
    According to Dr. Paul, every day is a new default since the value of the FRN drops daily. Defaulted on gold-backed pledges a couple of times too. It seems it's not out of the realm of possibility that another default is coming and given the larger scale global economic changes underway it's highly likely.

    I just saw a KFC commercial touting a $10 'Chicken Share' meal. It was about 4 pieces of chicken. I remember not long ago when $10 bought an entire bucket of KFC.
    You must suffer from confabulation - https://en.wikipedia.org/wiki/Confabulation

  30. #26
    Screw off with these $#@! articles lol it's been the "collapse" for the last 12 years.
    A savage barbaric tribal society where thugs parade the streets and illegally assault and murder innocent civilians, yeah that is the alternative to having police. Oh wait, that is the police

    We cannot defend freedom abroad by deserting it at home.
    - Edward R. Murrow

    ...I think we have moral obligations to disobey unjust laws, because non-cooperation with evil is as much as a moral obligation as cooperation with good. - MLK Jr.

    How to trigger a liberal: "I didn't get vaccinated."

  31. #27
    Quote Originally Posted by devil21 View Post
    According to Dr. Paul, every day is a new default since the value of the FRN drops daily. Defaulted on gold-backed pledges a couple of times too. It seems it's not out of the realm of possibility that another default is coming and given the larger scale global economic changes underway it's highly likely.

    I just saw a KFC commercial touting a $10 'Chicken Share' meal. It was about 4 pieces of chicken. I remember not long ago when $10 bought an entire bucket of KFC.
    I remember when a big box of cereal was 99 cents, now it's like 4.99 when not on sale
    A savage barbaric tribal society where thugs parade the streets and illegally assault and murder innocent civilians, yeah that is the alternative to having police. Oh wait, that is the police

    We cannot defend freedom abroad by deserting it at home.
    - Edward R. Murrow

    ...I think we have moral obligations to disobey unjust laws, because non-cooperation with evil is as much as a moral obligation as cooperation with good. - MLK Jr.

    How to trigger a liberal: "I didn't get vaccinated."

  32. #28
    Quote Originally Posted by devil21 View Post
    According to Dr. Paul, every day is a new default since the value of the FRN drops daily. Defaulted on gold-backed pledges a couple of times too. It seems it's not out of the realm of possibility that another default is coming and given the larger scale global economic changes underway it's highly likely.

    I just saw a KFC commercial touting a $10 'Chicken Share' meal. It was about 4 pieces of chicken. I remember not long ago when $10 bought an entire bucket of KFC.
    Five. Five Dollar. Five Dollar Foot Long.

    That was a jingle from Subway commercials last year. This year its:

    Six. Six Dollar. Six Dollar Foot Long.

    Yet, the employees didnt get a baseline raise.

    ---

    For the record, the Collapse is still occurring. We have been steadily declining for decades. What seems to be the determining factor of "doing well" and "catastrophe" is how quickly we are declining. When we are declining less quickly, then we are "doing well" and when we are declining more quickly, then we have our "catastrophes". I would not really pay any attention to the stock market as an indicator of how well we are doing. Make no mistake, we are declining.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.



Similar Threads

  1. Democrat friends jumping ship - finally
    By Suzu in forum U.S. Political News
    Replies: 48
    Last Post: 10-18-2013, 11:36 PM
  2. My Response To A Paul Supporter Jumping Ship
    By jay_dub in forum Ron Paul Forum
    Replies: 34
    Last Post: 05-06-2012, 09:19 PM
  3. Democrats Are Jumping Ship
    By azxd in forum U.S. Political News
    Replies: 3
    Last Post: 04-23-2012, 12:26 PM
  4. Smart immigrants jumping ship
    By randomname in forum Economy & Markets
    Replies: 0
    Last Post: 03-04-2009, 09:45 AM
  5. Jumping from Thompson's ship already
    By jcbraithwaite7 in forum U.S. Political News
    Replies: 6
    Last Post: 09-27-2007, 05:54 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •