LSU04_08
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Architect of CIA's Project Prophecy Warns of Imminent $100 Trillion American Meltdown
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09-09-2014 08:29 AM |
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DrTorch
Proved mach and GTS to be liars
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RE: Architect of CIA's Project Prophecy Warns of Imminent $100 Trillion American Meltdown
Predicting the future is always a tough gig.
Lots of people portending doom have been wrong since 2008.
And while I don't believe 'pretend and extend' can go on forever, I will say that 'Mar 9, 2015!' sounds a lot like 'Dec 21, 2012!' or many other dates of doom.
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09-09-2014 08:44 AM |
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LSU04_08
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RE: Architect of CIA's Project Prophecy Warns of Imminent $100 Trillion American Meltdown
(09-09-2014 08:44 AM)DrTorch Wrote: Predicting the future is always a tough gig.
Lots of people portending doom have been wrong since 2008.
And while I don't believe 'pretend and extend' can go on forever, I will say that 'Mar 9, 2015!' sounds a lot like 'Dec 21, 2012!' or many other dates of doom.
Yeah we were supposed to end that day... The idea of a stock market crash isn't an unbelievable event like predicting the end of the world is.
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09-09-2014 08:55 AM |
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QuestionSocratic
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RE: Architect of CIA's Project Prophecy Warns of Imminent $100 Trillion American Meltdown
A little perspective.
In 2010, the total volume of financial transactions in the derivative market was $3,720 TRILLION.
Total Derivative Transactions 2010
The OP's link is probably a sales pitch for gold and I'm not going to waste my time reading it.
Finally, Paul Samuelson, who probably wrote the text you used for ECO 101, once commented that "Wall Street indexes predicted nine out of the last five recessions."
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09-09-2014 09:00 AM |
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CardFan1
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RE: Architect of CIA's Project Prophecy Warns of Imminent $100 Trillion American Meltdown
Even if you buy gold and silver at inflated prices today and the value of the dollar or any currency crashes, who will buy your gold anyway. And with what?
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09-09-2014 09:36 AM |
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LSU04_08
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RE: Architect of CIA's Project Prophecy Warns of Imminent $100 Trillion American Meltdown
(09-09-2014 09:00 AM)QuestionSocratic Wrote: A little perspective.
In 2010, the total volume of financial transactions in the derivative market was $3,720 TRILLION.
Total Derivative Transactions 2010
The OP's link is probably a sales pitch for gold and I'm not going to waste my time reading it.
Finally, Paul Samuelson, who probably wrote the text you used for ECO 101, once commented that "Wall Street indexes predicted nine out of the last five recessions."
Maaaaan, you know me better than that!
Shortly after 9/11, the CIA created an emergency task force that investigated suspicious Wall Street activity that took place prior to the attack.
And what many Americans do not know is that their findings were dramatically different than the conclusions reached by the government's 9/11 Commission.
The CIA determined that bets against the stocks of American and United Airlines reached dramatically heightened levels in the days before Al-Qaeda operatives hijacked the three planes that would be used in the attacks on the Twin Towers and Pentagon.
The fourth plane was downed near Shanksville, Pennsylvania after passengers overtook the terrorists.
From their investigation, the CIA came to an important conclusion.
Using the financial markets, they could identify imminent threats to our national security from terrorists, rival nations, and from internal weaknesses lurking inside our economy.
This led to the launch of a sensitive operation called Project Prophecy. And its mission was clear.
Prevent another 9/11. And it may have done just that.
The system built from Project Prophecy proved its accuracy on August 7, 2006 when it detected the warning signs of an impending terrorist attack.
Three days later in London, a plot to blow up 10 U.S. passenger jets was thwarted. And 24 Pakistani extremists were arrested.
However, one of Project Prophecy's architects is now warning that the next attack is about to strike us.
Only this time it is going to come from within.
Jim Rickards is a 3-decade veteran of Wall Street's biggest investment firms and hedge funds. He also helped build the technology infrastructure known as "the brains" of the NASDAQ.
And he is the CIA's Financial Threat and Asymmetric Warfare Advisor.
In an exclusive interview with Money Morning, Rickards revealed that he and his team have detected a series of dangerous economic signals that predict a fast-approaching $100 trillion meltdown.
And they believe it will lead to an event more severe than the 1930s.
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09-09-2014 10:25 AM |
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AngryAphid
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RE: Architect of CIA's Project Prophecy Warns of Imminent $100 Trillion American Meltdown
(09-09-2014 09:36 AM)CardFan1 Wrote: Even if you buy gold and silver at inflated prices today and the value of the dollar or any currency crashes, who will buy your gold anyway. And with what?
Precious metals will be the mayfly currency of post apocalyptic crash.
It won’t take long for a pack of ramen noodles to be more valuable than a gold brick.
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09-09-2014 12:21 PM |
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QuestionSocratic
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RE: Architect of CIA's Project Prophecy Warns of Imminent $100 Trillion American Meltdown
(09-09-2014 12:21 PM)AngryAphid Wrote: (09-09-2014 09:36 AM)CardFan1 Wrote: Even if you buy gold and silver at inflated prices today and the value of the dollar or any currency crashes, who will buy your gold anyway. And with what?
Precious metals will be the mayfly currency of post apocalyptic crash.
It won’t take long for a pack of ramen noodles to be more valuable than a gold brick.
Card is right, who is going to buy it. The real problem is that someone would be willing to kill you to get it.
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09-09-2014 04:10 PM |
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oklalittledixie
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RE: Architect of CIA's Project Prophecy Warns of Imminent $100 Trillion American Meltdown
I wish I knew more about the stock market.
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09-09-2014 04:28 PM |
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