This was just too good not to share. What really happened in the stock market on August 5, 2011 when the US was downgraded to AA+, when everything literally broke, who is intervening constantly in the stock market, and why are they doing so via various HFT (High Frequency Trading) intermediary mechanisms? Take note of date in lower left hand corner.
The gaming industry is in the business of perpetuating illusion. Illusion by itself isn’t bad. It can be a precursor to individual reality. When you have a dream of a life’s work it is in the illusionary stage. As it moves from illusion to reality, fruit is produced. Illusion that moves you away from reality is ultimately destructive. This escape from reality satisfies the cravings of the ego and results in an addiction. There is a temporary euphoria associated with an addiction that temporarily wipes away the harsh reality the individual is in the midst of.
There is no place to hide in the financial economy and it is dangerous out there. Inflation is running rampant even though the official numbers would tell us otherwise. The risk of hyperinflation is increasing with every attempt to improve the economy through quantitative easing. Services such as healthcare and college education cannot be imported and their costs are going up substantially above the stated inflation numbers. How long will some of the currencies be any good is anybody’s guess.
Automation and technology may be connecting us in theory but are disconnecting our relationships. How many people do you see in a restaurant sitting across from another who has his or her head down. No, they are not praying, they are either texting, playing a game, or surfing the net. They have chosen technology over their interpersonal relationships. They are losing the art of listening. The ego gets tweaked every time you get a call or text when in a crowd. Body language is an important aspect of communication that gets lost when using technology to communicate.
The mainstream media(MSM) has been promoting the disconnect from reality as well. We are told how good it is in the job market and that the recovery is showing signs of notable improvement. But if you look at the statistics in an apples to apples comparison, people are hurting. The following chart compares the reality against the illusion:
The consumer is still tapped out and more baby boomers are figuring out they don’t need all the trappings that were once necessary. There are 242 million working age Americans. Only 142 million Americans are working. The labor force participation rate and employment to population ratio are at 30 year lows. Corporations are hoarding cash rather than beginning any notable expansion plans.
Those Americans who saved their money for retirement and were counting on interest income to augment their retirement check got thrown under the bus by the Fed:
What happened to the 5% savings rate? Mr. Bernanke has assured us that the above graph will continue its near zero march for another eighteen months. You weren’t counting on interest on you bank CD’s or savings accounts were you? With a true inflation rate of about 10%, your dollar is losing about 7-8% per year. At this rate in twelve years you won’t have any value left in that savings account. LORD come quickly!
I look forward to a Great Awakening of mankind that will sweep away the refuge of lies. We will require the anointing of the Holy Spirit to cleanse the earth of the illusions that have propagated themselves around the globe. Love will overtake the world in this great awakening!
In these days of manipulative economic practices I felt like sharing a positive story of hope and expectation. As my friends are aware, I focus heavily on economics and financial investments. In the gold & silver arena there are many stocks that have done well over the years. Behind those stocks are visionaries who understand both mining and business and their track record supports their beliefs. Rob McEwen is one such visionary. He is the CEO of McEwen Mining Inc. and the stock symbol is MUX. See his biography: http://www.robmcewen.com/biography/
Rob is the largest shareholder of MUX and takes no salary. I call that commitment. His goal for MUX is for the company to be listed on the S&P 500 by the year 2015. For this to occur, the company must grow to about 7 times its current size. The current share price is $5.80 so at the current number of shares outstanding, a $40 price would satisfy the growth requirement.
You can see his presentation at: http://www.mcewenmining.com/Theme/McEwen/files/doc_presentations/mcewen20120120_2.pdf He outlines his strategy for achieving his target.
It must be obvious to the reader that I am invested in MUX. Rob’s integrity and business prowess sent Goldcorp into the stratosphere and I will be cheering him on as he applies the same principles to McEwen Mining. As I have mentioned in the past, I prefer to take possession of my stock certificates or at least have them directly registered with the stock transfer agent.
Disclosure and Disclaimer Statement: The author has personal investments in gold, silver, uranium and base metal mining shares. Potential investors in this stock are encouraged to conduct their own further diligent research. Neither the information nor the opinions expressed should be construed as a solicitation to buy or sell any stock, currency or commodity. Investors are recommended to obtain the advice of a qualified investment advisor before entering into any transactions. The author has neither been paid nor received any other inducement to write this article.
Brinkmanship is the practice of pushing dangerous events to the verge of disaster in order to achieve the most advantageous outcome. Israel uses this strategy often and once again is using it to steer they U.S. into achieving Israel’s goals. In the Middle East, Israel is thought to be the most equipped country from a nuclear arsenal standpoint. Its goal is to dominate its neighbors and acquire land held by the Palestinians. Love is not the primary motivator, control is.
After WWII, the U.S. dictated the global economic system and has most of the official gold of other countries stored in New York City. In the 1940’s, NYC was the safest and most secure place for gold to be held. The same is not true today. Other countries have the ability to protect their own gold. As fiat currencies around the world continue to depreciate, those gold deposits are more likely to be requested back to their owners’ home countries. Will the U.S. casually return the gold? I doubt it. It’s all about control.
Each and every country that has attempted to circumvent the U.S. Dollar in recent decades has fallen into misfortune. This is not conspiracy theory, just the facts. When Iraq attempted to move away from petrodollars, they were targeted. When JFK attempted to circumvent the Fed with Executive Order 11110, he suddenly died of lead poisoning. Iran is now wanting to trade oil in with payment of gold. The focus is now on their future ability to create a nuclear bomb and how they must not be allowed to produce one. Israel is using brinkmanship to manipulate the U.S. into airstrikes in Iran. In the next 120 days, we will see who will win this game. Manipulation is at the source of the current moves. Man’s ego is self-destructive and the only lasting solution is Love.
The Lord’s Prayer expresses the solution. Thy Kingdom of Love come, Thy will be done on earth as it is in Heaven! Let this revelation be the awakening we are expecting soon!