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ajayhkaul
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Post: #46  Posted: Wed Dec 07, 2011 12:48 am Post subject: The Steroids |
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ajayhkaul
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| Post: #47 Posted: Thu Dec 08, 2011 3:33 pm Post subject: Markets on Steroids -II |
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Markets on Steroids - II
Created On: 08/12/2011 15:25:32
While someone is blinking before the EU meeting this weekend .....I refer you to my earlier blog ....' Collapse of the Empire'
Now there is more to rock you .... so you know where the markets are headed ultimately.
So China is the world's economic powerhouse?
It seems within its borders, you'll find the Great Depression already underway!
China has already closed 2,087 factories this year. Including 762 cement factories, 279 paper mills, 175 steel mills, 192 coking plants, and countless aluminum plants.
Official sources claim it was because the factories were highly polluting. But the facts speak otherwise...
As the national public radio reported, “collapsing demand for Chinese products overseas has led to factory closures, leaving an estimated 23 million migrant workers jobless.”
“Many people are off the books. These are the hundreds of millions of migrant workers who move to the cities... China's actual unemployment rate comes out to be 22%. That's around 200 million people who don't have work.”
To put that into perspective, 200 million people is the equivalent to two-thirds of the entire U.S. population.
China's cities are packed with the unemployed, leading to riots that sometimes last for days.
According to the Japanese news source, JapanToday, “Tens of thousands of [riots] rock China every year, presumably soaring in number since Beijing stopped releasing the statistic publicly in 2005, when there were 87,000 of them.”
If this report is true, then more riots are happening in China each day than we've seen in all of Europe this year.
You and I haven't heard about them, because China has no freedom of the press...as news reporting is controlled by the government.
Today, China is on the verge of an economic collapse. The only way out of its mess is for it to act fast—and take control of its economy.
China has tried so desperately to hide from the rest of the world....their housing and banking crisis isn’t the only skeleton China is hiding in its closet...
We constantly hear that China’s economy and cities are growing at a breakneck pace.
What you don’t hear, though, is that much of its construction has absolutely no demand for it. In other words, there are millions of square feet of real estate with nobody living or working in them.
A prime example is the South China Mall...the biggest mall in the world, complete with Vegas- and Disney-style theme parks. It was built in 2005, but it is still mostly empty with over 1,000 empty retail spaces.
And this is the same story all across the country...
China has 64.5 million apartments where the electricity meters have not been turned on, because the apartments are vacant.
By comparison, when US housing market imploded, 600,000properties were affected. China’s housing market is the largest financial bubble on earth...100 times bigger than the one US had.
At China’s current rate of inflation, the cost of living will be out of reach of the average Chinese person within half a year.
Most of them will no longer be able to afford their daily necessities, let alone their mortgage payments
Chinese government bought Gold and encourages the citizens to invest in the metal.
Many Chinese are already blaming the U.S. In fact, Indonesia’s national paper, The Jakarta Globe, reported, “…the source of China’s inflation is America, they are printing too much money.”
The Chinese believe their economy is being dragged down because we aren’t buying as many products as we did before the US economy collapsed.
As a result, Chinese government must move fast to avoid the same collapse as well.
ONLY way it can do this is by severing its economy from the dollar !
And that's exactly what China has been secretly doing for the past year. Halfway around the world in St. Petersburg, Russia, the Chinese Premier Wen Jaibao and Russian Prime Minister Putin made a pact that sealed the future of their countries and that of the U.S. as well.
US Press did not report this - not even after it was leaked by ChinaDaily, the Chinese national press. But other press around the world picked up on it, including London’s DailyMail, which reported, “China and Russia are renouncing the U.S.”
China amassed over $2.45 TRILLION. China is number one US creditor, with more U.S. dollars in its banks than the Federal Reserve.
And after watching US economy unravel, China apparently now wants nothing to do with US dollars anymore.
The meeting with Russian leaders was the latest and, as you’ll see, the key meeting to accomplishing China’s plan.
You see, China had already held secret meetings with other world leaders...
According to London based The Independent, “Secret meetings have already been held by finance ministers and central bank governors in China, Russia, Japan and Brazil to work on the scheme.”
Australia’s main news network, NEWS, reported on another taking place, “in Sydney at a secret location.”
Each of these countries is silently colluding with China to cut their economic ties with the U.S. More specifically: to dump the U.S. dollar as soon as they can.
And last year, the ChinaDaily finally confirmed it, saying, “China and Russia have decided to renounce the US dollar.”
'....And the fateful day...as near as I can tell...will be on Friday, April 13, 2012.....- (M. Lombardi)
If a lot of countries decide that they want to get rid of their U.S. dollar holdings...it will send the value of the dollar into a tailspin...just like stock prices in 2008.
You see, China is worried about the trillions of dollars it has gotten from US. The dollar has lost much of its value over the years and this past summer it even lost its credit rating. As a result, China’s dollar savings are now worth about $100 billion less since last year.
China doesn’t want to lose anymore of its savings. And it is now planning secretly to cut its ties with the dollar. That’s why it had just gotten Russia’s agreement to dump the U.S. dollar.
It’s also why China had those secret meetings with other countries...it needs help to unload its huge hoard of U.S. dollars.
As I mentioned, no press in America has been covering it. But news about China’s plans has leaked out elsewhere around the world...
The International Business Times reported, “China and Russia are gradually revolting against the U.S. dollar.”
Britain’s The Independent said, “…the plans, confirmed by both Gulf Arab and Chinese banking sources in Hong Kong...augurs an extraordinary transition from dollar.”
And the Times of India added, “…this event will become part of ... the history of our financial markets.”
The Chinese government has been secretly planning this move. That’s why it had secret meetings with leaders from OPEC and other countries, including Russia, Brazil, Japan and France.
It plans to stop using the U.S. dollar, and has made plans with those countries to do so in the near future. The last meeting with Russian leaders proved they have agreed to do this right away.
Of course, the exact date of their plan is being kept secret. ….most likely be on Friday April 13, 2012. New Financial year ?
If China chooses to do nothing—its economy will finally implode by the spring of 2012. In which case, what I fear most will happen anyways...only a few months later.
You believe the Chinese government will allow that to happen?
Africa presents the last best hope of future supplies of almost every primary commodity. Industries like mining, agriculture, soft commodities, and certainly energy, are all in large supply. China has set down deep roots in the continent and is investing in infrastructure and communities to keep workers happy. Most importantly they're learning how to navigate the harsh and constantly changing political landscape in Africa, which can be extremely challenging.
China knows exactly how to play it and largely uses barter deals to get what it wants, rather than cold cash. Since 2004, China has a multitude of deals in at least seven or more resource-rich countries in Africa, for a total of over $14 billion.
Meanwhile , the US is withdrawing troops from Afghanistan and Pakistan is not attending the meeting at Bonn ....
A missing drone..... A "mysterious" explosion outside the British embassy. Nuke plants taken down by the Stuxnet virus. And a handful of dead scientists.
It is no longer a question of when we put crosshairs on the back of Iran's head. We are already at war. They have pulled the trigger.
Whether it's a political decision or one with military significance, the fight in Iran is decidedly covert. They're not telling us anything close to the truth.
Look back at history ..... Is it going to take a war to 'resolve' this economic mess or 'bury' it ?
BTW ... this one is for Gold buffs ------why was Libya attacked by NATO ? One major thing that Gadaffi wanted to do recently was to get all the arabic countries to sell oil against gold, which basically means that the arabic countries wants a safe currency to sell their oil against since as you know, the dollar goes up and down. Some months ago Gadaffi wanted to change this, and BOooom SUDDENLY America promotes him as a Dictator, and all the other media around the world as well.
Another Arabic leader wanted to sell oil against gold currency, and that was Saddam Hussein in year 2001.
BOOOOM, suddenly there is a terror attack against USA, and an saudi arabian group al – qaida is the guilty ones. USA´s response is to bomb and occupy and kill the leader of a another country who had nothing to do with the terror attack….IRAQ.
In August Hugo Chavez has requested that the Bank of England return 99 Tons of Venezuelan gold held on deposit, and a total of 211 Tons of gold held abroad (WSJ).( Ref my blog 'Phantom Gold..')
For those with any knowledge of the cartel, you know where this is heading.
For those who don't....the Bank of England currently stores 211 tons of Venezuela's gold in the vaults of (per Bloomberg) JP Morgan, Barclays, and the Bank of Nova Scotia.
A last check of physical gold inventory in The Morgue's vault showed a whopping 338,303 total ounces of gold...roughly 10.6 tons. If Chavez carries through with this ultimatum, look for Venezuela to receive the Gaddafi/ Libyan treatment within the week. http://silverdoctors.blogspot.com/2011/08/hugo-chavez-demands-99-tons-of.html
Global central banks will now get to carve up Africa’s most oil-rich nation (Libya)while simultaneously divvying up around 144 tons of gold bullion – which might go some way to repaying Hugo Chavez after his announcement that Venezuela is to nationalize its precious metals industry. Unless of course Chavez becomes the next head on the chopping block for another “humanitarian intervention”.
http://www.infowars.com/nato-loots-libyan-gold-as-tripoli-falls/
Last edited by ajayhkaul on Thu Dec 08, 2011 6:59 pm; edited 1 time in total |
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codered
White Belt
Joined: 03 Nov 2011
Posts: 71
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| Post: #48 Posted: Thu Dec 08, 2011 3:56 pm Post subject: Re: Markets on Steroids -II |
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| AJAYHKAUL wrote: | Markets on Steroids - II
Created On: 08/12/2011 15:25:32
While someone is blinking before the EU meeting this weekend .....I refer you to my earlier blog ....' Collapse of the Empire'
Now there is more to rock you .... so you know where the markets are headed ultimately.
So China is the world's economic powerhouse?
It seems within its borders, you'll find the Great Depression already underway!
China has already closed 2,087 factories this year. Including 762 cement factories, 279 paper mills, 175 steel mills, 192 coking plants, and countless aluminum plants.
Official sources claim it was because the factories were highly polluting. But the facts speak otherwise...
As the national public radio reported, “collapsing demand for Chinese products overseas has led to factory closures, leaving an estimated 23 million migrant workers jobless.”
“Many people are off the books. These are the hundreds of millions of migrant workers who move to the cities... China's actual unemployment rate comes out to be 22%. That's around 200 million people who don't have work.”
To put that into perspective, 200 million people is the equivalent to two-thirds of the entire U.S. population.
China's cities are packed with the unemployed, leading to riots that sometimes last for days.
According to the Japanese news source, JapanToday, “Tens of thousands of [riots] rock China every year, presumably soaring in number since Beijing stopped releasing the statistic publicly in 2005, when there were 87,000 of them.”
If this report is true, then more riots are happening in China each day than we've seen in all of Europe this year.
You and I haven't heard about them, because China has no freedom of the press...as news reporting is controlled by the government.
Today, China is on the verge of an economic collapse. The only way out of its mess is for it to act fast—and take control of its economy.
China has tried so desperately to hide from the rest of the world....their housing and banking crisis isn’t the only skeleton China is hiding in its closet...
We constantly hear that China’s economy and cities are growing at a breakneck pace.
What you don’t hear, though, is that much of its construction has absolutely no demand for it. In other words, there are millions of square feet of real estate with nobody living or working in them.
A prime example is the South China Mall...the biggest mall in the world, complete with Vegas- and Disney-style theme parks. It was built in 2005, but it is still mostly empty with over 1,000 empty retail spaces.
And this is the same story all across the country...
China has 64.5 million apartments where the electricity meters have not been turned on, because the apartments are vacant.
By comparison, when US housing market imploded, 600,000properties were affected. China’s housing market is the largest financial bubble on earth...100 times bigger than the one US had.
At China’s current rate of inflation, the cost of living will be out of reach of the average Chinese person within half a year.
Most of them will no longer be able to afford their daily necessities, let alone their mortgage payments
Chinese government bought Gold and encourages the citizens to invest in the metal.
Many Chinese are already blaming the U.S. In fact, Indonesia’s national paper, The Jakarta Globe, reported, “…the source of China’s inflation is America, they are printing too much money.”
The Chinese believe their economy is being dragged down because we aren’t buying as many products as we did before the US economy collapsed.
As a result, Chinese government must move fast to avoid the same collapse as well.
ONLY way it can do this is by severing its economy from the dollar !
And that's exactly what China has been secretly doing for the past year. Halfway around the world in St. Petersburg, Russia, the Chinese Premier Wen Jaibao and Russian Prime Minister Putin made a pact that sealed the future of their countries and that of the U.S. as well.
US Press did not report this - not even after it was leaked by ChinaDaily, the Chinese national press. But other press around the world picked up on it, including London’s DailyMail, which reported, “China and Russia are renouncing the U.S.”
China amassed over $2.45 TRILLION. China is number one US creditor, with more U.S. dollars in its banks than the Federal Reserve.
And after watching US economy unravel, China apparently now wants nothing to do with US dollars anymore.
The meeting with Russian leaders was the latest and, as you’ll see, the key meeting to accomplishing China’s plan.
You see, China had already held secret meetings with other world leaders...
According to London based The Independent, “Secret meetings have already been held by finance ministers and central bank governors in China, Russia, Japan and Brazil to work on the scheme.”
Australia’s main news network, NEWS, reported on another taking place, “in Sydney at a secret location.”
Each of these countries is silently colluding with China to cut their economic ties with the U.S. More specifically: to dump the U.S. dollar as soon as they can.
And last year, the ChinaDaily finally confirmed it, saying, “China and Russia have decided to renounce the US dollar.”
'....And the fateful day...as near as I can tell...will be on Friday, April 13, 2012.....- (M. Lombardi)
If a lot of countries decide that they want to get rid of their U.S. dollar holdings...it will send the value of the dollar into a tailspin...just like stock prices in 2008.
You see, China is worried about the trillions of dollars it has gotten from US. The dollar has lost much of its value over the years and this past summer it even lost its credit rating. As a result, China’s dollar savings are now worth about $100 billion less since last year.
China doesn’t want to lose anymore of its savings. And it is now planning secretly to cut its ties with the dollar. That’s why it had just gotten Russia’s agreement to dump the U.S. dollar.
It’s also why China had those secret meetings with other countries...it needs help to unload its huge hoard of U.S. dollars.
As I mentioned, no press in America has been covering it. But news about China’s plans has leaked out elsewhere around the world...
The International Business Times reported, “China and Russia are gradually revolting against the U.S. dollar.”
Britain’s The Independent said, “…the plans, confirmed by both Gulf Arab and Chinese banking sources in Hong Kong...augurs an extraordinary transition from dollar.”
And the Times of India added, “…this event will become part of ... the history of our financial markets.”
The Chinese government has been secretly planning this move. That’s why it had secret meetings with leaders from OPEC and other countries, including Russia, Brazil, Japan and France.
It plans to stop using the U.S. dollar, and has made plans with those countries to do so in the near future. The last meeting with Russian leaders proved they have agreed to do this right away.
Of course, the exact date of their plan is being kept secret. ….most likely be on Friday April 13, 2012. New Financial year ?
If China chooses to do nothing—its economy will finally implode by the spring of 2012. In which case, what I fear most will happen anyways...only a few months later.
You believe the Chinese government will allow that to happen?
Africa presents the last best hope of future supplies of almost every primary commodity. Industries like mining, agriculture, soft commodities, and certainly energy, are all in large supply. China has set down deep roots in the continent and is investing in infrastructure and communities to keep workers happy. Most importantly they're learning how to navigate the harsh and constantly changing political landscape in Africa, which can be extremely challenging.
China knows exactly how to play it and largely uses barter deals to get what it wants, rather than cold cash. Since 2004, China has a multitude of deals in at least seven or more resource-rich countries in Africa, for a total of over $14 billion.
Meanwhile , the US is withdrawing troops from Afghanistan and Pakistan is not attending the meeting at Bonn ....
A missing drone..... A "mysterious" explosion outside the British embassy. Nuke plants taken down by the Stuxnet virus. And a handful of dead scientists.
It is no longer a question of when we put crosshairs on the back of Iran's head. We are already at war. They have pulled the trigger.
Whether it's a political decision or one with military significance, the fight in Iran is decidedly covert. They're not telling us anything close to the truth.
Look back at history ..... Is it going to take a war to 'resolve' this economic mess or 'bury' it ?
BTW ... this one is for Gold buffs ------why was Libya attacked by NATO ? One major thing that Gadaffi wanted to do recently was to get all the arabic countries to sell oil against gold, which basically means that the arabic countries wants a safe currency to sell their oil against since as you know, the dollar goes up and down. Some months ago Gadaffi wanted to change this, and BOooom SUDDENLY America promotes him as a Dictator, and all the other media around the world as well.
Another Arabic leader wanted to sell oil against gold currency, and that was Saddam Hussein in year 2001.
BOOOOM, suddenly there is a terror attack against USA, and an saudi arabian group al – qaida is the guilty ones. USA´s response is to bomb and occupy and kill the leader of a another country who had nothing to do with the terror attack….IRAQ.
In August Hugo Chavez has requested that the Bank of England return 99 Tons of Venezuelan gold held on deposit, and a total of 211 Tons of gold held abroad (WSJ).( Ref my blog 'Phantom Gold..')
For those with any knowledge of the cartel, you know where this is heading.
For those who don't....the Bank of England currently stores 211 tons of Venezuela's gold in the vaults of (per Bloomberg) JP Morgan, Barclays, and the Bank of Nova Scotia.
A last check of physical gold inventory in The Morgue's vault showed a whopping 338,303 total ounces of gold...roughly 10.6 tons. If Chavez carries through with this ultimatum, look for Venezuela to receive the Gaddafi/ Libyan treatment within the week. http://silverdoctors.blogspot.com/2011/08/hugo-chavez-demands-99-tons-of.html
Global central banks will now get to carve up Africa’s most oil-rich nation while simultaneously divvying up around 144 tons of gold bullion – which might go some way to repaying Hugo Chavez after his announcement that Venezuela is to nationalize its precious metals industry. Unless of course Chavez becomes the next head on the chopping block for another “humanitarian intervention”.
http://www.infowars.com/nato-loots-libyan-gold-as-tripoli-falls/ |
Mind boggling  |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #49 Posted: Thu Dec 08, 2011 4:18 pm Post subject: |
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| Sorry ...it is a bit too long , but felt that traders/investors should have a 'big picture' frame of mind in order to gauge where the markets may be headed. |
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codered
White Belt
Joined: 03 Nov 2011
Posts: 71
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| Post: #50 Posted: Thu Dec 08, 2011 4:31 pm Post subject: |
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| AJAYHKAUL wrote: | | Sorry ...it is a bit too long , but felt that traders/investors should have a 'big picture' frame of mind in order to gauge where the markets may be headed. |
Applauds.   |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #51 Posted: Thu Dec 08, 2011 6:21 pm Post subject: |
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"A last check of physical gold inventory in The Morgue's vault showed a whopping 338,303 total ounces of gold...roughly 10.6 tons. If Chavez carries through with this ultimatum, look for Venezuela to receive the Gaddafi/ Libyan treatment within the week."
You are absolutely right Ajay.That's what the true colors of this so called 'Democratic' western world. They are the Draconian regimes wearing an angel face cover.
The American led allies attacked Iraq alleging the existence of huge dumps of Weapons of Mass Destruction (WMD) and could not find a single weapon in the end .During this course of action They killed thousands of innocent civilians in Iraq including children and no accountability!.What a Shame?!.
What a horrible world we are living in?!.
That's why one should realise this world is upside down.
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #52 Posted: Thu Dec 08, 2011 7:31 pm Post subject: |
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Here are some recent writings.... to know where we, the outsiders, stand...
Genghis Khan pronounced:
"Man's greatest good fortune is to chase and defeat his enemy, seize his total possessions, leave his married women weeping and wailing, ride his gelding, use his women as ........."( sorry can't print the rest in this forum)
We haven't changed much have we ?
Government claims the right to tell you what to do. Using the blunt instrument of 'government' some people are able to categorize, regulate, tax, inspect, dragoon, conscript, enslave, bully, incarcerate, murder and push around other people.
From history ….what did they do with power? "Ad victorem spolias." Simple enough. You defeat someone. You take his stuff. His land. His wife. His children. At least there was no humbug about it. And the rules were simple. Government operated its naked form.
As Mao described it two millennia later, political power came "from the barrel of a gun," not from the Rights of Man or the Social Contract.
It is a phenomenon, not a system. It is best understood as a fight between the outsiders and the insiders. The insiders always control the government...and use it to conquer and control the outsiders. Why do they want to do so? The usual reasons. Wealth. Power. Status.
Everybody - or everyone who isn't either feebleminded or a saint - wants wealth, power and status. And the easiest, fastest way to get it usually is to take it away from someone. That is government's role. Only government can take something away from someone else lawfully. Why? Because governments make the laws.
Some people seek to dominate. Others like being dominated....... |
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vinay28
Black Belt
Joined: 24 Dec 2010
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| Post: #53 Posted: Thu Dec 08, 2011 7:39 pm Post subject: |
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| Superb, Ajay! |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
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| Post: #54 Posted: Thu Dec 08, 2011 7:43 pm Post subject: |
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| thanks Vinay , codered and RK for your comments. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #55 Posted: Thu Dec 08, 2011 8:07 pm Post subject: |
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"Some people seek to dominate. Others like being dominated......."
Is it so?! Half of it is right but no one likes to get dominated... as Mao said some people do it with 'Gun'.
Once the people getting dominated realize it and get organized to oppose it.They change the form.
Slaves dominated by Slave lords. 'Spartacus' led a rebellion against it, though initially defeated finally Slave system got abolished. Kings and kingdoms dominated the whole society for some time, they also gave up.
Now… the Western world is dominating in the name of the Democracy. They too ought to give up if not today then tomorrow.
You are right that the domination is there throughout the human history in one or another form(With a few exemptions).
So, let us dream about a society which can be without any sort of a domination.  |
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ajayhkaul
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Joined: 18 Jun 2009
Posts: 866
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| Post: #56 Posted: Thu Dec 08, 2011 8:36 pm Post subject: |
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RK what this means is that there are leaders and there are followers, yes?
In a democratic system , we elect leaders ,don't we ?
Based on 'promises' and charisma and some other biases, not on wealth creation ability of the 'leader'.
And then the leaders turn against us ... so we have chosen to be dominated ..despite being told about it in the history books in school!
Seriously ,why do we think the leaders( and their cronies) will keep their promises? |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
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| Post: #57 Posted: Thu Dec 08, 2011 9:02 pm Post subject: |
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Ajay
yes! you are right.I too accept with it. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #58 Posted: Thu Dec 08, 2011 9:06 pm Post subject: |
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Democracy can make us helpless, Ajay, leaving us with no choices.
Way back in 1982, I found that Lao PDR (also called Laos) had no beggers. Since it supported Vietnam in the Viernam war and US lost that war, Laos too turned into a communist country in 1975. And I always wondered whether they can ever embrace democracy and if they did, will they not have beggers, who as we all know, are not choosers. |
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ajayhkaul
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Joined: 18 Jun 2009
Posts: 866
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| Post: #59 Posted: Thu Dec 08, 2011 9:11 pm Post subject: |
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At the risk of sounding political I must state..... we must appreciate what Lokpal can do ...ie ... make the elected leaders deliver their promises,make them accountable or boot them out if they are corrupt.
Put a leash on cronyism and refuse to be , therefore , dominated by the very people we elected.
Thats when we can get closer to the society that you wished for  |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #60 Posted: Fri Dec 09, 2011 10:05 am Post subject: |
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Banks are a Ponzi Scheme !( see older blog)
Created On: 09/12/2011 10:16:27
Ahead of the EU meeting this weekend , the fear factor has come in to play and it is an opportunity for the early birds to book some profits and then re-enter.
Or is it a bad Idea ? Are the Germans going to say 'Achtung, Baby' ?
Anyways , while the ECB is making decision over vintage wines , and bears are happier than Bill Clinton in a room full of interns, lets understand what the world banking system really is.
I found an excellent narration here : easy to understand , so take it at your pace :
http://www.youtube.com/watch?v=GMPPeWYL5uk
If the junta were to do this , they would be playing golf with Kalmadi and Raja and Ali etc inside the Tihar slammer.
Only the 'Government' can to keep you at their mercy thru the paper trail ie the banking system.
Your call ..... |
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