11 votes

Billionaires Dumping Stocks, Prepare Your Food Stores if You Haven't

http://forum.bodybuilding.com/showthread.php?t=155203073

Good advice I have heard: watch for Russia dumping its dollars. Money News says significantly:

Wiedemer calmly laid out a clear explanation of why a large [stock market] drop of some sort is a virtual certainty.

It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy.

“These funds haven’t made it into the markets and the economy yet. But it is a mathematical certainty that once the dam breaks, and this money passes through the reserves and hits the markets, inflation will surge,” said Wiedemer.

“Once you hit 10% inflation, 10-year Treasury bonds lose about half their value. And by 20%, any value is all but gone. Interest rates will increase dramatically at this point, and that will cause real estate values to collapse. And the stock market will collapse as a consequence of these other problems.”

Financial press now sounding like a pack of Ron Paulers?

Got your 6-month food stores yet? Better buy it while you can afford it (How many guys here are prepared to ride out a disaster/economic crash, food, etc.?)

Why are we in this mess? The main reason is the up to $23 trillion in bail-outs. we are giving to the bankers, the equivalent of more than five entire US yearly federal budgets (where's that in the Nightly News?). Put the big bankers in jail, like Iceland did. As Benjamin Fulford says, "They are just a few old men, we know who they are, we know where they live. They are holding up the entire human race, ARREST THEM!)

http://www.moneynews.com/Outbrain/billionaires-dump-economis...

Billionaires Dumping Stocks, Economist Knows Why
Monday, 01 Jul 2013 09:14 PM

By Newsmax Wires

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.

Unfortunately Buffett isn’t alone.

....

ARTICLE AND VIDEO HERE: http://www.moneynews.com/Outbrain/billionaires-dump-economis...


Photographs of the former Icelandic bankers who left their country after the financial crash were stuck on the urinals. (AFP: Olivier Morin, file photo)

http://crooksandliars.com/susie-madrak/four-icelandic-banker...




Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Watch the price of gold at least weekly

When it stabilizes, re-arrange your assets, liquidate as needed. As soon as you see an uptick, prepare. Once the gold price takes off and the economy goes south, assets are like an albatross around your neck, to paraphrase Coleridge.

There will be all sorts of other economic indications good or bad, and economists will distract by debating these indicators endlessly. Don't be fooled.

This just isn't true.

Interest Rates are NOT high....


By historical standards, even if the worst of projections come true, Interest Rates are not high, and have a long, long way to go simply to be at the level they were in the 1990s -- when the Economy was humming along just fine.

Remember the days when you could get 5.5% Bank Interest on your deposits? Or get a 6.5% rate on a CD?

Life was pretty good back then, you could actually save some money, and do so at a safe, steady, predictable rate.

This allowed people to avoid large personal debt, and grow their savings, and plan financial expenditures safely (rather then just helplessly watch their money gyrate around wildly in a risky, corrupt Wall-Street Casino, or be stuck with a 0% return).

So I long for those days back again....

The MoneyNews article that is linked

is i think a paid advertisement article for the book

You have a lot of other people across the board saying

the same thing, including, I think, Ron Paul. I think it's no longer seriously a question of if, but when a collapse will happen. It is basic that you can't keep printing money at these rates in a contracting economy without inflation sooner or later hitting. Furthermore every other indicator, like national debt
to GDP, couldn't look worse. The US economy is a train wreck waiting to happen.

That means the only question is what percentage of the population has prepared with six-month or longer food stores to ride out anything that happens, and if we will be pre-positioned to start arresting and jailing bankers when they crash the economy. Or will we be at each other's throats fighting for food and begging to go to FEMA camps for something to eat, so they can abolish the Constitution and finish the Total Police State once and for all.

"You control nations with oil. You control people with food." - Henry Kissinger


http://youtu.be/LhPpzWZDyx0

Release the Sandy Hook video.

Buy low, sell high...classic

Buy low, sell high...classic case of billionaires doing what they do best.

Doom and gloom? Far from it. The Fed bailed out how many banks in foreign countries? That means what? They have all of those countries on the hook. What's the interest rate I wonder?

If the Federal Reserve bailed out the whole world, they'd have the whole world on their hook.

And China? The last thing they want to see is the American dollar losing value. How many trillions of dollars worth of T-notes do they hold?

China's economy is so overheated to the point of collapse right now that it makes the US real estate bubble combined with the student loan bubble and credit card debt look like small road bumps.

How many countries are now indebted to the United States Federal Reserve system after the bailouts?

Will the interest alone pay for the bailouts of US banks and companies like GM?

Never be afraid to ask simple questions.

Japan & China each have a bit less than $1 trillion of US debt.

USA Debt Clock Why would any nation buy more when they have so much of their own? The insane Merry-Go-Round national debt buying more national debt should stop. A rational policy would be to retire national debt. Stop making promises that are not kept. Buying another countries debt is not in the citizen's interest.

End the Fed: Loaning you blind, since 1913.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

One-time forgiveness of all US consumer debt

...bankster prosecutions, sound money, would put us back on the right track

Release the Sandy Hook video.

So totally don't buy Hidden Harvest, it's a complete waste

if you have tons of money to spend on whatever you like. All this book does it tell you how to do things for yourself. And it doesn't go into depth on any one topic, it makes you learn the science behind ALL OF THE TECHNIQUES.

http://www.amazon.com/Hidden-Harvest-Storage-Poor-ebook/dp/B...

Again for those of you who have infinite money to spend this book is a complete waste of time.

Also I know the author. He's an alcoholic.

Get your preps together! Learn historic food storage and preservation methods and the science that makes them work now, start saving money and the future

I've had a feeling

that the dollar would have crashed already....

It's China's call. how long will hey accept shaky paper

in service of their loans is the question.

Release the Sandy Hook video.

Links

are not working...

"If ever time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin."
Samuel Adams

thx for heads up

fixed.

Release the Sandy Hook video.