retireme

The government and Bernake have to say that because if the public knew the truth, there would be total chaos... Anyone catch this little tidbit?

Yes! I am a harbinger of doom... Be alert.... Saturday, December 24, 2011 Email sent out by Roger Weigand (Trader Rog) to David Morgan (Silver-Investor) - Something Odd is happening with the Banks in Europe and exchanges Today 12/24/11. David Morgan David Morgan of Silver-Investor.com sent me an email today from Roger Weigand of WeBeatthestreet.com . Roger Weigand Both of them are metals experts and always keep their eyes on what is happening in the investment area of metals and mining. I have had the pleasure of interviewing both previously about the "Red Alert" email regarding the plans of confiscating metals by the government, for the IMF and One World Currency. fyi - Roger has communicated with me that I could post the email here. It seems something is going down with the banks in Europe today. Here is Roger's email sent out to other experts in the metals (Gold and Silver) field. Here is the email: Trader Tracks Situational Alert Saturday, 12-24-11 -Christmas Eve at 740am PST - roger wiegand -Traderrog: "We have received a report of unusual banking activity. Banking screens on 138 different currencies are show 00.000. Some rate fluctuations are beginning to appear. There have been no answers on this activity but banks have been notified to expect a large change in currency rates." (quote not attributed to protect the source). In our view, what is happening is a massive devaluation in probably the Euro Currency relative to the values versus individual nations. The ECB loaned over $600 Billion (produced out of thin air with no collateral) last week to European Central Bank Member Nations. We think this next step is to re-configure the values of the Euro within each member country. Obviously the little broken ones like Greece, Portugal and Ireland will be de-valued MORE relative to Germany and France. Last report we got said the consortium of countries amounted to 27 total. The B.I.S., the Bank for International Settlements in Basel, Switzerland is the bankers' bank. The BIS is very secret about their work and activities. They are probably the orchestra leader in this event. We also noticed later Friday that the ECB is taking a $40 Million dollar lease in a New York City Building. Are they moving the whole headquarters from Brussels, or is this a newer and bigger expansion of the ECB? I think its an expansion and the IMF is fin charge for sure in charge. The IMF is gathering cash from member nations to cover their activities in propping-up Europe and who knows who else. This is all part of the grand scheme moving to a One World Government and One World Currency. In our view, when the credit and bond markets break-down, the global Super-Crash is underway in an expansion of Greater Depression II. Read your history from 1900 to 1918. This is being exactly replicated from 2000 to 2020. The Panic of 1908 was repeated in our Panic of 2008. The bigger world war begins on schedule from 2013-2014 to 2018. We think the gold and silver rally can peak in 2017 but perhaps extend all the way to 2024. After Obama is re-elected next year, we forecast a larger expansion of demonstrations not only throughout the world but in major cities in the USA. The calls for impeachment will reach new screaming levels after the dirtiest political campaign in history. There will be lawsuits and re-calls with lots of voter fixing and tampering. We think Romney is the GOP candidate and he will not have one chance in a one million to be elected. Someone has filed a $1 Trillion Dollar lawsuit in this mess and there is a lock-down on information relative to the suit and to the impending (we think) devaluation. It is obvious to us that this is being done over the Christmas holiday so markets cannot react as they are closed. Many will not open until next Tuesday after the designated Monday, Christmas holiday in the USA. If my prognosis is correct, this could be a real market mover and perhaps a real market shocker. If I am correct in my surmising what these people are doing, precious metals might rally in a vicious snap-back valuation on fear and security. Gold and silver are being technically pressured to the high side anyway. If this event proves to be true, hang on to your hat. I would not be trading anything but watching first to see what markets do in Asia on Monday evening on Bloomberg in America. Rgds RM

Dear John, (reminds me of a letter I received some years ago...) If you had noticed from all my posts on this topic, I am alluding to something rather bigger that a single currency that was past its use by date a long time ago. This is a global issue and one that is not going to go away. The slope is down, even if you turn the graph upside down... the "Possible collapse of the dollar..Near?" it is not near, it has happened already and will continue to happen. Raising the debt ceiling, invoking austerity measures, many wonderful speeches, covering the debt with a myriad of new taxes on people who cannot afford it already... you say your location is "Wonderland..." my question to you is, for how long and... is there room for one more? All the best RM

Is anyone convinced yet? Rgds RM

You are indeed correct nnn123, the reason however, eludes me. I have tried it with three browsers, all the same! Rgds RM

France, Italy, Spain and Belgium have banned short-selling on the shares of banks and other financial companies. Rgds RM

Is this enough? Rgds RM

ATHENS, Greece (AP) -- Greece on Monday banned short selling on the stock market for two months, after shares on the Athens Stock Exchange plunged to their lowest level in more than 14 years as financial markets were buffeted by worries over the U.S. economy following a downgrade of the country's debt. The bourse's general index sank below the 1,000-point mark, closing down 6 percent at 998.24 -- the lowest level since January 1997. Less than an hour after the stock exchange closed, the Capital Market Commission imposed the two-month ban on short-selling, which comes into effect as of Tuesday. Short selling, a way of betting a financial asset will fall in price, typically involves traders selling borrowed shares in the hope of buying them cheaper later and profiting on the difference. The commission said in a statement it took the decision "after taking into account the exceptional circumstances prevailing in the Greek market." It had imposed another two-month suspension of short-selling in April 2010, after a six day losing streak on the stock exchange. That ban had followed a downgrade of Greece's credit rating. Greece became the first EU country to seek an international bailout last year, when it saw its borrowing costs spiral out of control as investors doubted it could repay its debts. International creditors agreed last month to extend it a second bailout. The financial crisis has also affected other eurozone countries, with Portugal and Ireland also receiving bailouts. On Monday, Europe's central bank is widely thought to have begun buying the depressed-bonds of Italy and Spain to calm investor fears that the two countries won't be able to pay their debts. Though that bond-buying effort appears to have worked in the short-term by reducing the two countries' borrowing costs, stock markets around the world have been in retreat as investors respond to Standard & Poor's momentous downgrade of the U.S.'s rating.

Which is what I am alluding too, already Merkel has said they do not have the money for that bail out and as we have seen already, it is not the market moves that create the terror but the rumour of market moves. Try the "eleventh marble" and it is obvious, when you need more money than you have and you cannot borrow it from anyone, something has to give. There is only one person telling the truth here, and it is S&P. I hope I am wrong, but I just don't see how! As I said in my original post at the top, if I ran my finances like these governments, I too would have a bad credit rating, no shelter, no food and no clothes. Rgds RM

Are you serious? Do you think this is confined to locales? This is the world my friend, not some hiccup on the financial radar...

Very near now... watch carefully whilst Nero fiddles! Forget fundamental and technical analysis on Monday... trade what you see only and hang on for the ride. X_X RM

Here you go! Rgds RM

I didn't even know what it meant... I went here and was even more confused! PHP=Pot Head Pixie?????

Peldoman, I think gopala is talking to II not us...

Np, it seems to be intermittent... one minute it is okay and can navigate no probs... start to feel comfortable again and then it is gone... no access anywhere! As you say, I am sure it will be fixed soon enough... hope soon... it's like having a death in the family :)