A PESO CRISIS IN ARGENTINA, CURENCY WARS, AN ECONOMISTS TAKES HIS MONEY OUT OF THE BANKS, AND A SENATOR FEARS RIOTS BECAUSE OF ECONOMIC TROUBLE.: Is this time to panic or is it just fear mongering in the market sectors.

Posted: February 2, 2014 in Uncategorized
Tags: , , , , , , , , , ,

Image

Well its looks like the fear in Wall Street will only increase next week. The devaluation of Argentina’s Pesos seems to be starting a currency war. Now I truly believe that this Engineered Crisis is to only move us from paper money into a one world currency. The Birth pangs of its creation are in full swing. Soon it will be delivered upon the whole world and the only alternative will be to accept it. We won’t have a choice. What makes it more troubling is the simple fact that there is a Financial Crisis in China, Bankers are committing suicide, a potential bank run due to nations stopping withdraws, stocks posting negative losses, and now a top Economist is withdrawing his money. I haven’t even mentioned States Senator Ron Rice fears of Riots happening in the New Jersey area because of the potential Economic hardship this summer. That to me raises alarm bells ladies and gentleman. I don’t mean to be a fear monger or make it seem like I am causing “sensational journalism”. I am putting these links up for you to make a rational decision and on what could be going wrong in the financial sectors. Be prepared folks.

JOHNGALTFLA.COM: Illegal Alien in Chief attended, Harvard University, it might be wise to do so. The PBS article from yesterday should cause everyone to take a moment and pause to reflect:

Is your money safe at the bank? An economist says ‘no’ and withdraws his Excuse me? It isn’t safe? Bush-Bernanke-Bimblette all lied? No way?

Terry Burnham, former Harvard economics professor, author of “Mean Genes” and “Mean Markets and Lizard Brains,” provocative poster on this page and long-time critic of the Federal Reserve, argues that the Fed’s efforts to strengthen America’s banks have perversely weakened them READ MORE: http://johngaltfla.com/wordpress/2014/01/31/now-you-can-panic-economist-withdraws-all-of-his-money-from-bank-of-america/

KING WORLD NEWS: With continued turmoil and volatility in global markets, today Canadian legend John Ing told King World News we are just at the beginning of the third round of a worldwide currency war.  Ing, who has been in the business for 43 years, also spoke with KWN about what investors should expect to see in major markets, including gold.  Below is what I had to say in his fascinating interview.

“Gold is up about 6% since year end, despite all of the mainstream media anti-gold propaganda.  This rally in gold has taken place among the much feared taper.  This is really just the consequences of the three rounds of quantitative easing and the orgy READ MORE: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/2/1_This_Is_The_Beginning_Of_The_3rd_Round_Of_A_Currency_War.html

THE GUARDIAN: Even in normal years, the summer heat in Buenos Aires is overwhelming. Among a population of nearly 13 million packed into the long shore of the wide River Plate, the phrase most often heard from the lips of porteños is: “It’s the humidity that kills you.”

For those who can’t afford to escape to the exclusive summer resort of Punta del Este, across the river in Uruguay, or make the longer trip to the golden beaches of Brazil, there is only one solution: air conditioning. But a combination of global warming and an abrupt economic collapse scuppered even that consolation for shopper Graciela Fernández last week. When the temperature insisted on staying at around 40C and humidity levels rose to a drenching 90%, Fernández rushed to buy an air-conditioning unit she had seen on sale a week before READ MORE: http://www.theguardian.com/world/2014/feb/01/argentina-peso-crisis-shakes-queen-cristina

TUNNERRADIONETWORK.COM: February 1, 2014 — (TRN) — Saying “people can’t take it anymore”  New Jersey State Senator Ron Rice (D- Essex) says he believes New Jersey will soon erupt in riots.  He says it could be as bad or worse than the Newark riots of 1967.  At a press conference in Trenton, Rice said ““I’m praying it doesn’t happen but believe me we’re back where we were in the ‘60s. We feel it and we’re very fearful READ MORE: http://www.turnerradionetwork.com/news/248-pat

CURRENCY WARS

VIDEO ON ARGENTINAS PESO DEVALUATION

BANKERS COMMITTING SUICIDE

Advertisements
Comments

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s