What are we to believe? The fact that the stock market has broken above some key technicals levels can’t be ignored. Does the market know something we don’t know yet? Can we even trust the technicals anymore? Is there market manipulation to the point where the technicals can’t be trusted? These are the questions I have and many more. I want believe we are out of the woods and back in a long term bull market, but my gut tells me “NO”. The big question is can we trust this market? Well, if a billion dollars can go missing and no one seems to care or do anything about it, we have problems and who knows how bad it could get. Is our money safe anywhere??!!! Remember during the crisis they changed the fdic to $250,000? I think that ends this year. Check your local banks and you will see the posts up in fine print. The retired senior citizens, that barely make 1% or 2% need to worry about even more now.
If paper (dollar) is going to become worth less or worthless, wouldn’t people want to get into stocks, real estate and gold just to be able to have something tangible? If a company has 100 billion dollars, wouldn’t they want to buy another company while their dollars are still worth something? Let’s just face the facts that this stock market can go up even if the fundamentals don’t add up.
I wish the stock market knew more than we do and knows something we don’t yet. Let’s dream for a moment that the stock market knows that we are seeing a repeat of the Carter to Reagan years. What a time that was! Could there be bigger forces at work here that we can’t see or understand? Think about this, the roaring 20’s, the booming 50’s and the BIG 80’s…. every 30 years or so, we go though a major cycle in the economy AND attitude. Are we not sick and tired of all this debbie downer stuff? We are due are we not? I was a teen in the 80’s and what a decade it was. We knew we had it good right? America was proud again. We had fun! We felt powerful and hopeful! Was it Reagan or did the county bring forth a Reagan because that’s what we needed? Did God intervene to save this Country time and time again? Will he again? God knows that freedom is under attack. Will anyone save us? Can we think and be positive and hopeful when we keep seeing our freedoms being taken away and while the majority of Americans continue to be blind to it. Were we really surprised that Freedom Watch – A top rated show on FOX Business- was canceled?
I am going to believe in America and it’s future. I am going to believe that somehow the people will open their eyes and fight for their freedom. I am going to believe God will continue to bless America.
It’s an amazing thing that virtually every person on this earth is conned into a life of trying to acquire worthless paper.
Unfortunately most people have little interest in understanding how money works. It’s very sad that people don’t know that they are living in a blind slavery. You work for paper that continuously loses value while those that control the paper OWN and CONTROL and manipulate everything around you to keep you blind and enslaved. Rather than go on for hours proving this to you, I will give you the short version and then you can take a few years researching the scary details for yourself and you too will discover the biggest con in history.
Since the average person can only handle so much of this information at once, I am going to give you the simple version of the big con and the solutions to solving our nations and the worlds debt problems.
1) Don’t trust any media – not even FOX
2) Both republicans and democrats are either afraid, ignorant or in on it. A few brave stand up for truth and freedom like Ron Paul are portrayed as fools by the media on purpose. The same elite that control the money also control the media – propaganda – Since the average American does not dig deeper, they just follow along with the media story line on everything. The media TELL US who is relevant. It’s always one of their own – republican or democrat. The Elite love us pointing fingers at each other so we don’t notice them.
How do we solve the debt problem?
1) End the Federal reserve and take back control of printing our own money.
2) We then peg the dollar to gold at $5000 an ounce or $10,000. Whatever, it does not matter since the United States Treasury can print it’s own money. By doing this, the world will rush to sell us their gold. Perfect. From then on we are pegged. No more debt. All those tbills and bonds will get paid by just printing the money. We NEVER sell bonds again. Why would we when we can just print it?
3) The United States Treasury then LOANS to all the small and big banks at 2% interest. YES we the people will get PAID by the banks. If a bank makes bad loans, they FAIL period end of story. That’s called competition. The banks lend to the people at whatever rate they want. I know it will be more that 2%, but I also know with real competition for loans, it wont be 17% either. Imagine how much money the government would make from 2% of all the banks!
WE ARE NOT IN DEBT if we understand history and take back control of our money, we can truly be free like the founding fathers intended. They warned us not to give money making control to the international banks. The Federal reserve is a big lie meant to keep us under their control and enrich the International Elite few at the top of this scheme.
If you look at my past posts on the economy and stock market, you will see that this market crash in the last 9 days is not a surprise to me. Just look down this page to my post back in FEB. In fact you may also follow my blog on overpriced stocks to see that you can actually profit from stocks dropping. www.overpricedstocks.net The bottom line is the stock market is JUST starting to figure out that there is no recovery and there never was. Hold gold and silver and wait for the S&P to get down to about 750 and then start buying again.
STEREO LOVE. It has already had over 100,000,000 views in 1 year and is number 35 all time most viewed. It also broke the record of the longest charting song in the Europe top 100 charts with over 52 weeks. JLO’s on the floor looks like they jumped on the bandwagon and made a remake of a remake of a remake. Anyway, I like this one the best. This is just 1 of dozens of variations of the video. How can there be 50 “official” videos? Anyway Enjoy!
Walgreens buys drugstore.com for 429 million dollars. Surprised? Not me. As the Internet matures, the trend is keyword strength in domain names. It has always been important, but think about as time goes on the fact that more and more people will go direct navigation instead of search. As the best domain names get developed into actual businesses, the public will become more confident in typing EXACTLY what they are looking for in the address bar. Unless the big boys take out the address bar somehow, I don’t see how this trend will not continue.
Sorry Netflix, as predicted, Facebook is now getting in the movie business. Netflix reached a high of $240 about a month ago and has been on a down trend today dropping to $199. This stock will be cut in half by the end of summer. here is the Facebook story http://www.businessinsider.com/netflix-facebook-warner-brothers-2011-3 I have been able to profit from the recent drop buying Put options on NFLX. Here are some recent posts on NFLX. http://www.overpricedstocks.net/tag/nflx/ See more trades daily at www.overpricedstocks.net
Today, BAC is close to crossing a major point in it’s long down trend from $88 back in 2004 down to its current price of $14.86. Crossing this point will catch many people off guard and we could see Bank of America stock climb to $20 pretty quick from here. On the other hand, Bank of America seems to keep running into problems with scares of Assange leaks and past mortgage issue settlements. The other odd thing is the amount of website outages Bank of America has. It is very unsettling when the largest bank in the country has so many problems with it’s website.
Wake up America! God help us. This Country is getting sold off piece by piece. When Budweiser sold out it was a bit of a shock, but the NYSE? Really? Deal is not done yet, but if it goes through Deutsche Boerse gets majority ownership. I have few words on this as it speaks for itself. SAD.
