We have warned that this collapse was coming for
about 3 years now. It's just a matter of timing. There will be a global currency
reset, and this might be the beginning of the slide into oblivion for the US
dollar. The federal reserve banksters are having a very tough time keeping their
sinking ship above water now.
There is a currency war going on world wide for
power over the people and their labors and assets. This will NOT end until the
whole world is in chaos.
We never keep cash. We are turning cash into
something we can get our hands on as fast as we can. Hard assets that will do
you some good when the dollar is done are your best bet. Think about everything
you normally have to buy every week, and a few things you don't buy like extra
fuel, food, copper, lead and brass if you know what I mean, and how about some
communications gear, and a way to make some electrical power from the sun, or if
you have made provision for all this, some silver? In any case you get the
idea.
We are now selling every day on Ebay. Here is the
address so you can see what we have. This list changes every day, and you can
see what things sold for.
Much more to come very soon. I will be listing up
to 100 items at once as time permits for listing. It take about an hour to do a
proper listing on each item.
Paul Stramer KC7MEZ http://www.teapartysilver.com/silverforsale.html
silver
SLC Distributing http://www.fm2way.com Radio communications equipment
PO Box 116 http://www.montanablog.us The reference blog for America
Eureka MT 59917 http://www.fm2way.com/goalzero/index.html Portable Solar Power
800 889 2839 http://www.pri-fuel.com Preserve your generator fuel
pstramer@eurekadsl.net http://www.fm2way.com/stunguns Stun Guns
pstramer@gmail.com
SLC Distributing http://www.fm2way.com Radio communications equipment
PO Box 116 http://www.montanablog.us The reference blog for America
Eureka MT 59917 http://www.fm2way.com/goalzero/index.html Portable Solar Power
800 889 2839 http://www.pri-fuel.com Preserve your generator fuel
pstramer@eurekadsl.net http://www.fm2way.com/stunguns Stun Guns
pstramer@gmail.com
The
Stock Market In Japan Is COLLAPSING
By
Michael Snyder, on February 4th, 2014
Is the fiat money ponzi scheme beginning to crack, and near
it's end?jwb
Did you see what just happened in Japan? The stock market of
the 3rd largest economy on the planet is imploding. On Tuesday, the Nikkei fell
by more than 610 points. If that sounds like a lot, that is
because it is. The largest one day stock market decline in U.S. history is only
777
points. So far, the Dow is only down about 1000 points during this
"correction", but the Nikkei is down more than 2,300
points. The Nikkei has dropped more than 14 percent since
the peak of the market, and many analysts believe that this is only just the
beginning. Those that have been waiting for a full-blown
stock market collapse may be about to get their wish. Japan is absolutely
drowning in debt, their central bank is printing money like crazy and the
Japanese population is aging rapidly. As far as economic fundamentals go, there
is very little good news as far as Japan is concerned. So will an Asian
financial collapse precede the next great financial crisis in the United
States? That is what some have been predicting, and it starting to look
increasingly likely.
At the end of January 2013, Japanese stocks trailed only Portugal for the biggest rally among developed markets. Now the Nikkei 225 Stock Average is leading declines, slumping 8.5 percent last month and today capping a 14 percent drop from its Dec. 30 peak.As Bloomberg noted, much of the blame for the financial problems that we are seeing all over the planet right now is being placed on the Federal Reserve.
Losses snowballed in Tokyo during a global retreat that has erased $2.9 trillion from equity values worldwide this year amid signs of slower growth in China and stimulus cuts by the U.S. Federal Reserve.
The Fed created this bubble by pumping trillions of fresh dollars into the global financial system, and now they are bursting this bubble by starting to cut off the flow of easy money.
This is something that I warned would happen when the Fed decided to taper, and now RBS is warning of a "market bloodbath" unless the Federal Reserve immediately stops tapering.
Most Americans simply do not realize that our financial markets no longer resemble a free market system. Instead, they are highly manipulated and distorted by the central banks, and the trillions of dollars of "hot money" that the Fed has poured into the global financial system has infected virtually every financial market on Earth...
On Wall Street they call it "hot money"—that seemingly endless flow of cash that goes to the most profitable country du jour—but in the real economy it's gone cold.We never fixed any of the fundamental problems that caused the last financial crisis. Instead, the Fed seemed to think that the solution to any problem was just to create more money.
That hot money has come mostly in the form of a low-yielding U.S. dollar, which investors have borrowed en masse to fund investments in other higher-yielding currencies across the globe. The so-called carry trade has helped fuel an investment bonanza across the world that has boosted risk assets thanks primarily to the U.S. Federal Reserve's easy-money policy.
But with the Fed tiptoeing away from what initially was an $85 billion-a-month infusion of liquidity, investors are beginning to prepare themselves for a world of rising rates in which the endless cash flow to emerging market economies begins to ebb, then cease.
It was an incredibly stupid approach, and now our fundamental problems are worse than ever as Marc Faber recently noted...
"Total credit as a percent of the global economy is now 30 percent higher than it was at the start of the economic crisis in 2007, we have had rapidly escalating household debt especially in emerging economies and resource economies like Canada and Australia and we have come to a point where household debt has become burdensome on the system—that is, where an economic slowdown follows."So what comes next?
Well, unless the Fed or other central banks intervene, we are probably going to have even more carnage.
At least that is what Dennis Gartman, the editor and publisher of "The Gartman Letter", told CNBC on Tuesday...
"I just think you're going to have a very severe, very substantive and really quite ugly correction that will probably make a lot of people wail and gnash their teeth before it's done."Other analysts share his pessimism. According to Doug Short, the vice president of research at Advisor Perspectives, the U.S. stock market "still looks 67% overvalued".
Most sobering of all is what Richard Russell is saying. In his 60 years of writing about financial issues, he has never been "so filled with foreboding regarding what lies ahead"...
I’d be lying if I said that I wasn’t worried about the way things are going. Frankly, I’m truly scared for myself, my family and the nation. I have the sinking feeling that the stock market is on the edge of a crash. If that happens, investor sentiment will turn quickly bearish. And the bear market will start feeding on itself. Ironically, the recent action occurred in the face of almost insane bullishness on the part of the crowd and on the part of investors.You can read the rest of his very disturbing remarks right here.
Obviously smart heads and institutional money managers know that the US is semi dead in the water. And all the talk about an improving economy is just wishes and hopes. Bernanke’s dream of a flourishing new economy, improving without the need of the Fed’s help, is an idle dream.
I’ve been writing about the stock market for over 60 years and I can’t remember a time when I was so filled with foreboding regarding what lies ahead. The primary trend of the market, like the tide of the ocean, is irresistible, and waits for no man. What scares me the most in this current situation is that I see no clear island of safety.
U.S. stocks may not totally crash this week, this month or even this year, but without a doubt a day of reckoning is coming. As a society, our total consumer, business and government debt is now equivalent to approximately 345 percent of GDP.
The only way that the game can continue is to keep pumping up the debt bubble even more.
Once the debt bubble stops expanding, it will start collapsing very rapidly.
Those that foolishly still have lots of money in the stock market better hope that the Federal Reserve decides to intervene in a major way very soon.
Because if they don't, there is a very good chance that we could indeed have a "market bloodbath" on our hands.
__________________________________
I will go one step further. This will get so bad so
fast that small banks will get caught in the flush. Get your money out of banks
entirely and keep only enough to pay bills. When we buy from our suppliers we
normally send cashiers checks, because that way the money is gone when we walk
out the door of the bank.
Everyone would like to believe these worst case
scenarios won't go that far, but do you really want to take that
chance?
Paul
