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Banco Santander, S.A. Message Board

jus_lite_reading 5018 posts  |  Last Activity: Nov 14, 2012 4:46 PM Member since: Oct 6, 2008
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  • jus_lite_reading by jus_lite_reading Nov 14, 2012 4:46 PM Flag

    Think! Ask yourselves why my only two posts from the past week have been deleted... Could it have to do with my warnings? Could it be that someone does not want you to know the TRUTH about what is taking place all over GREECE and is quickly spreading to SPAIN and PORTUGAL? The social unrest that is JUST beginning to erupt will vindicate my "doom and gloom fear mongering" and bring it to your doorstep.

    Everything I predicted is now coming to fruition...

    Put the pieces of the puzzle together!!

    You ain't seen nuttin' yet!

    Remember my warnings about GOLD?

    There is so much going on behind the scenes... the only way to describe it is, "total chaos" and indeed it is spilling over into the streets.

    The end of corrupt banks is near! More to come!!

  • Reply to

    Death Blow for Spain... there it is!

    by jus_lite_reading Oct 10, 2012 5:42 PM
    jus_lite_reading jus_lite_reading Oct 11, 2012 5:29 PM Flag

    --"IMHO the worldwide economy is burdened under massive debt obligations that stretch out for many decades and keep getting worse,"--

    Ironic, no? Everyone knows the inevitable outcome far in advance, but who will be the first to pull the chain? Now that every nation is following the US into the throes of H3LL with their fiat money scheme and "save banks at any cost" mandate, it's only a matter of time.

    I've been advising old clients on a personal basis what to do as their current managers are saying to "buy the dip" in stocks with both hands... yet, they tell them to NOT buy gold. How can anyone with even half a brain feel financially safe without PHYSICAL ASSETS THAT HAVE WITHSTOOD THE TEST OF TIME?

    One former colleague is telling clients "if you MUST buy metals, just hold paper." #$%$? Seriously?

    No wonder ************************ is using the window so much just to keep the lights on!! LMAO!

  • Reply to

    Death Blow for Spain... there it is!

    by jus_lite_reading Oct 10, 2012 5:42 PM
    jus_lite_reading jus_lite_reading Oct 11, 2012 5:20 PM Flag

    --"JLR I enjoy your opinion and welcome you by my campfire when the world.breaks into.anarchy"--

    Thank you. When it happens, nobody will be able to say they were not warned...

    --"But I still purchased SAN @ 7.43 because santander passed the last stress test."--

    Good for you. I said you can trade this stock and hundreds of others like a wild bronco, IF YOU KNOW WHAT YOU ARE DOING and realize the gains would be futile if they were not either 1) for pure entertainment, 2) to pay immediate bills, or 3) profits used to buy gold and silver. Long term, there is no hope for "investing." Game over....

  • Reply to

    Death Blow for Spain... there it is!

    by jus_lite_reading Oct 10, 2012 5:42 PM
    jus_lite_reading jus_lite_reading Oct 11, 2012 6:53 AM Flag

    --"Amazing how you despise us amateurs and imbeciles so much, "--

    I don't despise you; I pity you greatly. I feel terrible that you all are being robbed in front of your own eyes and think you're building a future....

    Fact: 90%+ of retail suckers end up losing more than they ever make playing the stock market. That's what keeps the fat wheels greased. But no longer... now they require QE to keep them going.

    --"why bother with this forum? Start a blog. Write a newspaper column."--

    LMAO!! I'm already a Sr. contributor on a popular financial blog. I also contribute material to a private subscription newsletter. So I write here to drop hints to you suckers who have no clue whatsoever what is really going on...

    But it's already game over.... everyone in my circles knows it.

  • jus_lite_reading by jus_lite_reading Oct 10, 2012 5:42 PM Flag

    While you imbeciles masturb-8 to a FIVE cent rise in this insolvent bank, the real action behind the scenes is setting the world for a total "reset.". I won't say much, but it's game over. The month of September marked the death of the US dollar whether or not you want to believe it or if your head is too far up the behinds of the political bread and circuses... GUESS WHAT? All bilateral gentleman trade agreements is now off the table. China walked out of the IMF and yes, they called the US' FED's BLUFF. Do you know what that means? Things are shaping up faster than I was lead to believe and faster than I could imagine...

    Wonder why you haven't heard anything about Old Timnay Guthner in a while? He's trying to keep the S.S. PONZI afloat on direct orders from the frauds at JP Morgue et al who are desperately attempting to keep the price of SILVER low... (tip, get ANY silver you can NOW. Silverware, JEWelry, whatever and keep it safe...)

    Back to Spain... that marks THREE... as I PREDICTED. Yet, not a single one of you "investors" have discussed the ramifications of the... remember 7% when deciding to keep this stock...

    Oh and BTW, the WHOLE stock market is now officially one giant PONZI "OWNED" by the Fed...

    WHY? Because they have to....

    You ain't seen nuttin' yet... those word will finally have meaning to everyone who sleeps....

    One more hint for you to stay ahead of institutional here... the Spanish gubmint might accept the bailout terms in desperation but the people will never accept it... there was so many incredible events that occurred over the past 2 weeks I'm surprised nobody even had a clue...

    PS.. You all proved yourselves nothing but amateur retail investors... because the "DOW JONES" ponzi index is up or flat you think all is well... remember this is an election year...lipstick on a big fat pig... what you can't see is what topples nations...

  • Reply to

    So it's official now...

    by jus_lite_reading Sep 13, 2012 6:08 PM
    jus_lite_reading jus_lite_reading Oct 3, 2012 9:51 PM Flag

    --"Oh. please. Jus lite has accurately predicted hyperinflation where? Zimbabwe? "--

    The models that I use are the very same models the ECB, the US F3D, all major bankkks and financial institutions use to predict certain economic "inputs" and situations. You didn't think I have a crystal ball, did you? Of course, they'll never tell you what they really discovered and know and yet you still believe $100 WTI is due to economic growth... LMAO

    Hyperinflation? "Oh. Please" is right because you ain't seen nuttin yet. What Uncle BEnron knows and is causing his latest bout of insomnia is the final sum the models are producing... no matter what variables he manipulates at this stage is moot. Last month marked an important tick in the stream of time. The clock is ticking...

    --"you are right, we do not know what your qualifications are. Perhaps you could tell the ignorant peasants what they are."--

    Me? I didn't graduate grammar school...

    --"Ironically, Jus lite, you sound like a Marxist in your discussion of fiat currency. Marx had... blah blah blah, blah blah blah"

    Please don't lecture me on Marxism you imbecile...

    --"We are all in this together. Everyone. There is no escaping from "fiat currency." None."--

    Wrong. You're about to find out...

    --"In the end, what is really at stake is trust -- that populations and institutions have faith that financial institutions are trustworthy. And trust won't be restored by recourse to a gold standard. We are now in a situation where Wall Street says: trust us again, we'll do fine. There's a reason some of us think that Wall Street needs to be regulated, and it comes down to . . . restoring that elusive entity, trust."--

    And what part of "GAME OVER" don't you understand? You're correct when you say the "trust" is gone. That trust has been lost forever. Just look at what part the retail sector is having in "the markets."

    Bottom line-- you ain't seen nuttin' yet! I've said everything I want to say a long time ago. There is nothing you or any politician can do to prevent it. The financial powers that be ARE the powers that be. Get it? That said, the global ponzi is unwinding so fast you're missing all the important events...

  • jus_lite_reading jus_lite_reading Oct 1, 2012 6:45 AM Flag

    Chia, if a nation owes 7 Trillion Organic apples and all they have is a cancer and diabetes causing genetically modified MonSatan soybean and half a banana, what should their debt be rated?

    Hold tight! The global ponzi is unwinding fast...

    Social unrest is just starting to explode...

    But alas!!! What will happen, when "never can happen in France" sees their eCONomy implode? That's right... I said FRANCE... who woulda thunk? All the focus is on the PIIGS yet it is in France where the fireworks set off the black powder...

    Social unrest in SPAIN like you have never seen before will be the appetizer of things to come... once SPAIN "accepts" the bailout, austerity will set off a chain reaction... think Greece, only on the orders of magnitude worse...

    And yes, I do blame the J Banksters in Amerika for the EU's woes...

  • jus_lite_reading jus_lite_reading Sep 28, 2012 6:59 AM Flag

    --"J L R What a LOSER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"--

    Where have I seen a comment like this before? Oh yes, over on NBG when it was $35 and when SAN was a $12 STD and I warned about the contagion to come to Spain... I remember, the ECB banksters talking about Spain would never be an "issue..." I can clearly see now... all the retail suckers like Tusconlighting who play with their little self-managed 401k's hoping to strike it rich! LMAO!!!

    You ain't seen nuttin' yet!!

  • jus_lite_reading jus_lite_reading Sep 28, 2012 6:55 AM Flag

    What is already occurring should move people to action... yet, they remain complacent and would remain slaves of crony-capitalism until their master no longer has the means to feed them any longer.

    Few people realize that the TBTF banks like Bank of Fraudmerica have already contracted for private militias by simply "buying" them out... and this has occurred for a reason.

    History always has a way of repeating in a rhyming fashion... social unrest in still in its infancy.

    PS. Egan Jones downgraded Spain today but that was not the real clincher... more to come...

    Game over for the global ponzi and the frauds who use human lives like earth's natural resources!!

  • jus_lite_reading jus_lite_reading Sep 28, 2012 6:47 AM Flag

    Your contemptuousness will prove to be very short lived once you realize what has occurred. Don't say you weren't forewarned...

  • jus_lite_reading jus_lite_reading Sep 26, 2012 7:22 PM Flag

    Greetings Chia! Long time, no see! How are you?

    You couldn't have said it any better-- the sheep have NO clue what is about to take place. It will blow everyone's mind... but then again, anyone with half a brain could determine that there is simply no other path.

    In any event, just as I predicted, social unrest is just starting to explode. In Madrid, the police were sent fleeing from the thousands of protesters, who managed to shut down central Madrid today. And you ain't seen nuttin' yet...

    Spain's debt is about to get another downgrade (another freebee for you, "investors")... this time to JUNK status and also as I predicted, Spain will follow in Greece's footsteps down the path to...

    A major world war is the inevitable outcome and the Z!0N!ST BANK$TER$ are especially aware of this. Thus the developments you see. The war drums are already being paraded about.

    While the majority of sheep give up their lunch and dinner in order to attain ownership of a braincell terminating iPhony5, the life changing events for the entire world I warned about are already taking place right in front of their eyes!! LMAO!! They can't see because Justin Beiber gossip is blocking the news app on their latest iPhony gadget... how pathetic!!

    Got Spanish bonds? Check the yields!! What are they telling you? Greece... Spain... next Italy and Portugal. You have less than 3 weeks to get prepared once the bank "holidays" begin...

    Best luck

  • Strange. Nobody wants to discuss important matters like failed bond auctions and record runs on bank accounts... as if they don't matter! LMAO!

    All you want to hear and repeat is happy [ponzi] talk about how the ECB will "buy" (with fiat ponzi money) ALL THE BONDS that nobody wants and solve all the EU's problems! LMAO!!

    And let's not forget social unrest....

    The people are waking up to the fact that their countries are being overrun by Z!0N!$T BANK$TER$ and well...

    ... GAME OVER.

    The ides of September...

  • Reply to

    So it's official now...

    by jus_lite_reading Sep 13, 2012 6:08 PM
    jus_lite_reading jus_lite_reading Sep 23, 2012 8:28 PM Flag

    --"I was starting to suspect you might have a modicum of sanity, rather than just being full-out wacko"--

    Naive fool... ignorance is pure bliss, isn't it?

    --"because it has all the resources it needs is one of the main points made in the book "Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown" written by David Wiedemer, Robert A. Wiedemer and Cindy Spitzer. So, I guess you are stating that their view is "beyond absurd and not even worth replying to", that they have no basic knowledge?"--

    ROTFLMAO!!! As P.T. Barnum infamously said, "there's a sucker born every minute..." There will BE NO "profiting" from the "next global financial meltdown" because the "next" meltdown will be the means to an end as Albert Einstein so eloquently alluded. Enough said...

    Yet, you still have no clue what my "qualifications" are, nor does it really matter at this point in time... you're about to see a lot of "defectors" coming out of the wood work trying to say "I told you so" attempting to save their own skins... The tension was so thick you could cut it with a knife when they met the other day. Even at the top, there is no more unity.

    You know so little about the world... This goes well beyond kooky conspiracy theories...

    I suppose, only time will tell!

    For the record, gold is almost $1800/oz again... but that's chump change compared to what will occur very shortly.. Got gold? The REAL STUFF?

    There is no turning back... who watches the watchers?

  • Reply to

    So it's official now...

    by jus_lite_reading Sep 13, 2012 6:08 PM
    jus_lite_reading jus_lite_reading Sep 17, 2012 7:07 PM Flag

    --"however consider that fiat currency *never* had any intrinsic value to begin with except the value that people believe it has."

    You're partially correct. "Fiat currency" has by definition only been around in the U.S since Bretton Woods 1971 decision but because by that time the US had already "created wealth" (whether or not that was perceived or not is irrelevant) the fiat was back by assets that could liquidate into gold or silver...

    The U.S began expanding that illusion rapidly in the late 1990's and early 2000's until roughly 2005 when the S met the fan blades for the first time. Fast forward again... 2008 was the nail in the coffin and the end was already known at that time (~4 years till meltdown) and now here we are...

    Uncle Enron... ooops sorry, Uncle BEnron's latest attempt at deceit with his unlimited QE has bought less than 2 days of "market rally" fuel... because the costs greatly outweigh the benefits by a long shot. We only have months if not weeks now...

    The remainder of your comment is beyond absurd and no even worth replying to... I thought you had some basic knowledge but now I see you believe in crony-capitalism and the F3D's propaganda...

    Social unrest? You ain't seen nuttin yet!!! 2% inflation will be something everyone wishes for!!

    Once again, you all have no idea what is going on.... and that is frightening...

  • Reply to

    So it's official now...

    by jus_lite_reading Sep 13, 2012 6:08 PM
    jus_lite_reading jus_lite_reading Sep 14, 2012 6:54 PM Flag

    --"It is limited by the liquidity of the MBS (Mortgage-Backed Securities) market. That is what the Fed will be buying."

    LMAO! With all due respect, do you know what is going on? The Fed will be performing two simultaneous operations-- POMO and don't-dare-call-it QE3 "Operation Twist which it has been performing all this time with very little fanfare. During POMO (Permanent Open Market Operation) they will be buying $40 BILLION PER MONTH in MBS. That's $40 BILLION PER MONTH!! They have left it open to purchase "unlimited" amounts but there is a limit...

    But more importantly... do you know what it means to "sterilize" debt versus to "monetize" debt? Well, I'll give you a clue to what's going to occur in less than 4 months and what will result long before that happens... First, before the year is over in late December, the Fed's Operation Twist (aka QE3) will be forced to monetize ALL OF THAT DEBT!! ($45 BILLION, that's forty-five BILLION) LMAO!!

    Oh BTW, at the CURRENT PROJECTED PATH UNCLE BEnron HAS JUST ISSUED AND WHICH ALL YOU SUCKERS ARE CELEBRATING (but as I predicted and warned about) the F3D3RAL R3S3RV3 will have a full 25% of the US GDP on it's books in LESS THAN a YEAR... but it won't get to that because...

    that is just the beginning as the need for larger amounts of monetization in the "years after"... I don't think I need to spoon-feed you about what that means but by the end of 2014 the Fed will hold 65% of the US GDP on it's books and by the end of 2015 the Fed will hold 99% of US GDP on its books... *** REMEMBER THIS****

    Comprende? So, really what happens at that point (Late December 2012) is inconsequential...

    Which bring us to the second part of the answer...

    The "great dragon" has already been awoken... Don't think the US Dollar will remain a stable currency once the "great dragon" begins to dump it entirely... ****BREAKING NEWS**** (to you suckers!! LMAO!) The "Great Dragon" has already decided to trade oil with any nation in RENMINBI!!! (for you suckers, that the YUAN!) meaning, uh ohhhhh spaghetti ohs for the US dollar and the Fed!

    You see, the mathematical calculations I have are the same China, Russia, OPEC, the EU, African nations, already possess... so they know the final outcome before it occurs (remember I said about knowing the end of a chess game 5 moves in advance?). BUT, as I have been saying, until now the M.A.D card has been keeping things in check...

    In conclusion..... oh, what's this? *** "US DOWNGRADED TO AA- from AA on the moves of the Federal Reserve" ***

    Say it ain't so!! LMAO!!

    Game over? Checkmate!! BTW, I challenge you to make a rebuttal why anything I wrote is wrong... go ahead, do it!

  • jus_lite_reading by jus_lite_reading Sep 13, 2012 6:08 PM Flag

    Exactly as I predicted...

    With Uncle BEnron now vowing to print to infinity with unlimited ponzi money, it's official that the global eCONomy has entered the parabolic stage of the endgame chart. As I said, they will at some point have to print ***larger and larger amounts without end*** just to keep this ponzi going. That point is NOW. Do you folks understand the implications of today's announcement?

    Think in absolute terms for one moment what the monetizing of all that ponzi means for YOUR wallet...

    Now I know, most of you are celebrating this "QE3" (in all actuality it's QE4, but who's counting?) promise by Uncle BEnron but...

    Let me put it this way, as I just got off the phone with "someone" who confirmed everything I predicted-- social unrest is about to explode. You think $4.29/gallon of gas is bad?

    I can't post this chart but you can enter the rest to see it at --- intellectualtakeout **DOT*** org/library/chart-graph/monetary-policy-qe1-qe2-and-oil

    Remember when I was "joking" about $5? We're almost there... and FYI- $4.00 in the US of A is the "tipping point" for the eCONomy. That's not my opinion. It's well established fact every economist here to Albany knows... so why would Uncle BEnron seal the global ponzi fate?

    Answer: there was ***NOTHING*** he could do. If he did not commit to unlimited QE ponzi, the global eCONomy would collapse overnight. That is no exaggeration. So he chose to print and "buy" some time, but the middle class pays for it, until like in 1789 France, they decide, enough is enough. I don't think it will come to that because the gubmint KNOWS it would lead to this and they've prepared...

    Just remember this: the last act of all fading empires is their currency devaluation. It's almost over... so enjoy the time you've got and learn to play a fiddle while watching Rome burn...

    If the eCONomy was doing so great with all them "GREEN SHOOTS" and stuff, why does the eCONomy need all this economic stimulus? You ain't seen nuttin yet!!!

    PS- from here on out, I CHALLENGE ANYONE HERE to keep tab of what SAN does in dollar terms versus what GOLD does in dollar terms. Let's see who wins...

    PPS- Once the bank holiday's begin en masse, you have 2-3 weeks to store up in food before there is no more...

    Game over? Checkmate...

  • jus_lite_reading by jus_lite_reading Sep 11, 2012 8:29 PM Flag

    I already responded to you in my thread "the silence is deafening..." so you should read that one first, but I'd like to continue our little discussion here in a new thread as this new Yahoo format is horrendous.

    Exactly as I predicted almost 2 years ago, the DOW JONES PONZI INDEX will now continue to rise in devalued fiat ponzi dollar terms as core economic pillars deteriorate exponentially (ironic that the indices are at ***2007*** highs while records are being broken in Unemployment, Food Stamp usage and Housing Sales). Again, I won't go into detail here but you know, as do the Chinese, the U.S. will never be able to "pay back" all the money they owe. Which is why little has been said in the main stream media about who holds the most outstanding Treasury debt... (Did I mention what the DOW JONES looks like priced in gold?)

    In any event, I thought I might share something of interest with you, as you seem to group me into some sort of "doom and gloom" cult, hoping for the end of the world to come...

    My neighbor, who is one of the kindest individuals you could have as a neighbor, is an all out "end of the world" lunatic. I mean that sincerely. He owns more gold than Fort Knox (that may not be an exaggeration!!) but not because he wants to protect against Uncle BEnron's imminent hyperinflation. He owns an ammunition stash that might rival a small army in Africa, but not because he feels social unrest will spill over as gas tops $7/gal and food inflation hits home. He has more freeze dried food than NASA but not because of worries over supply chain collapse.

    No, rather, he owns gold because it will be used to barter for food. But that's not before the collapse of the global financial system (alas, we agree!) which he feels will be caused by a "pole shift" in the earth's magnetic poles that is caused by some mysterious planet called "Nubiru" which in turn will then cause M10 earthquakes and global electrical grid failure. He owns guns because he feels people will turn into "zombies" (I kid you not) once that mystery planet "Nubiru" passes and drops off alien visitors. He owns years worth of food because he believe the earth won't be able to produce as much food if there is a pole shift and when all of the earth nuclear power plants simultaneously do a Fukushima/Chernobyl... he believes the Mayan's were warning us of these events which will occur this year.

    None of his scenarios are even REMOTELY plausible, in my opinion. Despite him being an extremely intelligent individual (I believe he invented some sort of special sound device everyone uses and has numerous patents) I dismiss everything he predicts regarding the "end of the world." In my opinion, it's all fantasy. There are no aliens... No giant planet (without a normal orbit) is even in our galaxy... and the Mayan's just ran out of space on their calendar! LMAO

    With that said, what is NOT fantasy and IS an imminent threat to global stability is the corrupt-to-the-core financial/commercial system which is teetering on the brink of collapse every single day. Most of you have no idea what is going on... and as I have been saying all along, by the time you find out what happened, it will be too late. This can be determined with mathematical calculations; quite a simple calculation, I might add. Again, the only safety net holding this house of ponzi cards together is the threat of M.A.D (mutually assured destruction) which "Timnay Geither" and "Uncle BEnron" use every time they meet with FM's from China, Japan, the EU or Russia. And although the M.A.D. card worked throughout the cold war, it's getting old. Someone is about to call BLUFF...

    Now, about that next shoe to drop... you all think I'm off my rocker because the DOW keeps going up and up and up and UP and I'm saying the financial system is about to collapse! Just keep in mind, part of the collapse includes the DOW going to 20k (yes, 20,000) maybe more as hyperinflation hits harder and harder until... remember the food riots in 2008? You ain't seen nuttin' yet!

    How's that $4.29 a gallon of gas working out for you? How's that $500/week food bill doing? How about your property taxes doubling over the past 7 years while home values have plunged (and continue to plunge) 45% or more? How about those toll increases? You like paying $12 just to cross the GWB? How about making a trip from North to South Jersey for $50 in tolls for the Turnpike? Of course, if you make $110 MILLION per year in salary like health insurance CEO's, you don't even feel it, at all. But ask the middle class Joe Doe plumber/contractor/auto repairman how those bills are adding up and you'll see where this is all going without even examining the metrics that I have...

    That's the simple version... you ain't seen nuttin' yet!

    So is it "game over?"

    It's like playing chess and knowing 5 moves in advance that your opponent has already lost. There is no way out for him but you play on...

  • jus_lite_reading jus_lite_reading Sep 10, 2012 6:57 PM Flag

    --"Stop with the "I know more about this, that, and the other thing"? But Jus lite, that description fits you to a T."

    Please read my previous posts. I claim to know nothing and have no knowledge at all. I'll let my predictions and warnings about the imminent global financial collapse provide the proof of my credentials. At what point would you say I was correct about SAN? I first warned you about this insolvent bank when it was STD and trading above $12.00! It plunged to $4 and change. I have been nothing but consistent with my warnings and predictions. I know those predictions don't fit into your little sphere of the status quo but believe me, everything I said will come to fruition...

    --"As far as I can tell, you have never been wrong."

    I'm flattered, very truly flattered -- almost as flattered as I am about b.sam's stalking and baiting... (For some comic relief, please go to the NBG board and read his absurd comments about how Greece will "never default" and NBG is a $20 stock. For reference, NBG was $7 on a when I warned about the stock...it is now $0.34 pre-split LMAO!!)

    --"Look, I don't go around bragging about my degrees, as I think that past accomplishment is not proof of current ones, but let me put it this way. Having lots of knowledge just doesn't impress me."

    I have never mentioned what degrees, certificates or credentials I posses. Further, I agree that "degrees" are more often than not, a hindrance to progress than a help. Anyone can possess vast amounts of knowledge, but it is wisdom that is truly rare...

    --"the point is whether or not you are analytically sharp and rigorous, are judicious in judgment, and have a contrarian streak so that you are not bamboozled by the dominant paradigm."

    Have you been paying attention? It's obvious that you have not. I'm especially taken back by your statement, "...have a contrarian streak so that you are not bamboozled by the dominant paradigm." I myself follow no one. I detest the main stream media and politics, and I am never impacted by prevailing popular opinions. All the while I have been calling out the lies and fraud, the WH()RES on WA|| STR33T continue to perpetuate their evil filth and lure retail suckers into their scheme... Before the whole system died in 2008, I was still "out for the money" and trading like nobody's business. I was independent then, as I am now...

    --"But you do not strike me, so far, as being that judicious in judgment -- and here I don't mean wishy-washy. You go for the black and the white. But a really sharp person has to weigh contrary evidence, anomalies, and see how to accomodate that into an explanation."

    I no longer offer an explanation to the conclusions I post here and elsewhere. I simply "tell it like it is" and hope that some people are paying attention. I don't have the time or the patience to offer detailed explanations, and neither would I expect anyone here to even understand them. Case in point -- a few weeks ago I posted a rough calculation of something you never heard about and you assumed I was confusing the half life of a particle with T over time. Maybe I'm being presumptuous about your knowledge of global finance and who you have worked with on a professional and personal basis, but as far as I can tell, you're an amateur at best; just like the rest of them...

    How about my predictions about gold and silver? I have been spot on (no pun intended.) and if you would have just taken that little advice and ran with it you would be here with a laggard insolvent bank stock and taking losses on the chin...

    Maybe you don't buy my "doom and gloom" but you can't say that if did listen to me that you'd be in the red...

    BTW, "doom and gloom" is so overrated... don't worry about an asteroid wiping out the earth because you wouldn't know about it anyways. Worry about surviving in a world where the M.A.D card no longer buys time...

  • jus_lite_reading jus_lite_reading Sep 9, 2012 11:29 AM Flag

    -"My my. you know, I have no idea what your background is. Perhaps you truly do understand the global economy really well."

    When I was warning about NBG and Greece and the EU disintegrating and the talking head politicians were saying all is well "NO BAILOUT IS NEEDED", I heard a lot of slack for my "doom and gloom" predictions. Once things began to unfold as I said, those same people came back to ask how I could have known and what my background was. I replied, the proof is in the pudding...

    -"Never, never make generalizations about the "Asian mentality." Just a suggestion -- from someone (me), who just knows much more about Asia than you. OK?"

    Just remember, Sun Tzu's "Art of War" is required reading in China. I apologize for this generalization but I was specifically focusing on the Chinese, not so much the Koreas, Japan or Indonesia etc. The point I was making and have made clear numerous times here is this: the threat of Mutually Assured Destruction is the ONLY thing keeping the Chinese from pulling the rug out from under this global ponzi... but ALAS! As I have been warning for over 2 years, the Chinese have been secretly buying all the gold they can get their hands on while Uncle BEron tells us gold is a "barbaric relic" and a "worthless tradition."

    Let me fill you in on this little tiny fact few are talking about: In the first 7 months of this year ALONE, China purchased more gold than the entire holdings of the ECB. Read that again and again until you understand what is going on...

    And please, stop with the "I know more about this, that and the other thing" rhetoric... I see it as nothing but a distraction from the topic at hand: the imminent collapse of the global financial system...

  • jus_lite_reading jus_lite_reading Sep 8, 2012 10:00 AM Flag

    I'm replying to ENIGMATIC6099 as this stupid new Yahoo massage board format won't let you reply to a thread if the replies are longer than 6.

    --"'Math is math.' A meaningless statement, if you know a little about math." I'm not sure what this means. We're talking about MATHEMATICS and not ENRON ACCOUNTING.

    --"'the outcome of hyperinflation is always global conflict . . ' Untrue. Ever heard of Zimbabwe? Chile?"

    I didn't expect you to understand the global eCONomy as I, and I hate to have to spoon feed individuals but I will clarify this for you. "The outcome of hyperinflation is always global conflict, when **world powers** feel threatened." Which makes your argument about Zimbabwe and Chile moot.

    If the US were to monetize all ponzi bonds (they have already begun with Operation Twist, aka QE3) and attempt to inflate the US eCONomy further, I believe China would push the little red button. You understand the Asian mentality when they are locked in a corner with no way out?

    Did you know, Mr ENIGMATIC that the U.S. FED now "owns" ALL, I repeat ***ALL*** but just $650 BILLION (a drop in the bond bucket) in 10-30 yr treasuries?!?!? LMAO!!!

    DID YOU KNOW THAT?!?! I doubt it, because if you did, you would already know where this is headed. As I said a million times over the past 2 years, if Uncle BEnron **doesn't** print to infinity, the global eCONomy crashes faster than you can say "canned beans and guns." If Uncle BEnron **does** print to infinity which is the current trajectory and reason for record high gas, PM and ponzi stock prices, the global eCONomy hyperinflates, but this buys time... until the final outcome of WWIII... If you were in his shoes, would you chose to let it all crash immediately or would you **ATTEMPT** a "controlled hyperinflation" and buy some time?

    -- "As for the notion of a global ponzi scheme -- well, I'd have to agree that we need to worry about banks and banking." Really? Then why invest in an insolvent bank in an insolvent nation about to collapse? I told you a few weeks ago, you can trade the wild swings and "make some fiat money" but unless you plan to spend it on a vacation or survival supplies ASAP it's pointless.

    --"Only I am more worried about China's " Then why did you not mention the PBoC's injection of $1.3 TRILLION into their eCONomy a few weeks ago? Again, this event received little fanfare in the media.

    --"the point is that many are smug idiots, blindly believing that the world is fine. True." NOW you're catching on! I'll write you a longer response about this later...

    --"But is the game over? What does it mean to say "game over."? Worse than 1929-30?" Like above, I'll expound on this later but for now, ask yourself, "was the world 100% interdependent, interconnected and built upon flawed fiat currencies in the late 20's?"

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