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Important: Leading Cycle Theorist Predicts “BIG Volatility Come September/October” ; Reality Will Make Its Way Known…Posted: May 23, 2012 in Money, Movies, People, Politics, World
In the 1970′s he predicted gold’s meteoric rise and its 1980 top to the day. He published a full page advertisement in USA Today warning of the impending collapse of stock markets in the 1987 Savings & Loan crash – and nailed that one to the day. He saw the collapse of the Japanese real estate market and warned his clients that a depression was coming. In the late 1990′s he contacted Russian officials to advise them of an impending meltdown of their currency due to forces beyond their control – and he was right again.
He lives in New York today, but for the better part of the last decade he was held in federal prison. His charge? Officially, nothing. Unofficially, he was held in contempt of court for nearly ten years for refusing to hand over his cyclical economic models to Goldman Sachs and the US Government. According to the powers that be, Armstrong was manipulating the world economy, and because he refused to share his prescient models, they locked him away without charge or trial – indefinitely.
He may sound like a fictional character out of a Hollywood blockbuster, except Martin Armstrong is the real deal, and he’s been warning of a paradigm shift unlike any we have witnessed in history.
With the US government expediently acting to restrict personal liberties, nearly incalculable amounts of national debt, Europe on the brink of a break up, and confusion in global asset markets, Armstrong’s Private/Public cyclical models are indicating that the world better get ready for a rough ride – and soon.
Via Armstrong Economics:
I have warned that the United States would be last to fall because it is the core economy being both the largest as well as the reserve currency. I have warned that this will not collapse into dust all at the same time. Each link will break one at a time cascading like dominos. This is not my OPINION – it is history.
Greece will be forced to leave for staying under the terms of Germany will bring civil war. Social unrest is erupting and what the US and German authorities FAIL to understand is we are dealing with a BELL CURVE and not a linear progression. There has to be balance between austerity and stimulation. It is like heat and cold. Both extremes will kill you. We survive in the middle
It is true that rising interest rates can attract capital. However, when capital FLEES, interest rates CONTINUE to rise due to the shortage of capital. NOTHING is ever a straight line. BIG Capital is fleeing Europe and that goes to government debt because it is liquid and can absorb vast amounts.
We have to understand what I call this Public v Private battle in confidence. This can also be called the flight-to-quality that appears during a crisis. The primary trend that is common in all economic declines is what is described as the flight-to-quality. This is at the core of capital flow for it represents the first criteria in how capital moves betweenPublic and Private Assets.
The flight-to-quality is traditionally observed by just about everyone and it is unleashed whenever confidence in the private assets collapses. Investors panic, sell private assets, and rush to government bonds driving interest rates down sharply. During the 2007-2009 crises, interest rates in the USA virtually went to zero. In other words, people were willing to accept no interest just to park their cash in a safe place they saw as government assets when they feared even banks would not survive.
The shift in this flight-to-quality attitude is always at the core of capital movement. During a generational Private Wave, investment and speculation become common place. During a Public Wave, private assets are looked upon as risky and the safer bet is to invest and trust government.
So understanding what we are facing right now is critical to our survival. We must understand that forecasting a single market in isolation is asking for disaster. To comprehend the true global implication of how capital moves, we must embrace a global correlation approach. We are headed for BIG volatility come September/October. Reality should start to make its way known going into year-end. So hold on tight. This will be a rough ride.
In 2012 Predictions of a Mad Tin Foilist we opined that if a collapse of the stock market was to take place in 2012, that it would originate in Europe, with investors fleeing risky assets there to the relative “safety” of none other than the US Dollar – much like they did in 2008. This flight-to-quality will be the driving force behind crashing stocks and commodities (perhaps even gold), as well as potentially devastating losses in the debt markets of Europe and Japan.
The subsequent result of this fleeing of capital from perceived and actual risk will have the effect of strengthening the US dollar, which means a potentially powerful rebound in US Treasuries as investors rush to preserve their wealth in what they believe to be the safest asset available. Yes, it sounds counter-intuitive to rush to safety in the US dollar given the state of affairs in America, but despite the constant criticism from international financial experts we remain the largest economy in the world and just so happen to control the printing presses of the world’s reserve currency.
According to Armstrong, we’re not far off from such an event, and we may very well see it take place this Fall, as uncertainty and panic grips international markets and forces the hand of governments, big banks, and individual investors.
Given his expertise in history, economics, mathematics and cyclical theory, if there is one person who may have a handle on what information to gather, how to analyze it, and what it means, it’s Martin Armstrong. He’s proven it time and again, and it looks as if his alarms are blaring.
As noted above, while panic and capital flight may significantly and negatively impact some asset classes in the very near future, we don’t have to worry about a total economic doomsday for America just yet. First, all of the money will flow here for safety. But this flight-to-quality will be short-lived, as the ever expanding national debt and government run amok will ultimately lead to a loss of confidence in the US dollar itself.
The scale of this event – this loss in confidence of the reserve currency of the richest nation that has ever existed on Earth – will be unprecedented in human history.
Also Watch: The Oracle – Martin Armstrong (Trailer):
Martial Red Zone In America: Heavily Armed Security Teams To Patrol Chicago, Feds Prepare for Mass Detentions, Evacuation Planning Underway…
If Transportation Security pat downs at public venues, thousands of drones over the skies of America, and the National Security Agency’s new Echelon-like listening center in Utah weren’t enough to convince you that we’re living in a police state, then perhaps the latest news out of Chicago will change your mind.
As world leaders prepare to meet in the windy city for their annual NATO summit, U.S. federal officials are working feverishly to implement a security net so broad that it encompasses the entirety of Cook County, Illinois. While international summits are traditionally met with a larger police presence and preparations for the possibility of protests or rioting, what’s taking place on American soil in anticipation of the May 20 meeting in downtown Chicago can be interpreted in only one way – the implementation of regionalized martial law.
Last week Red Cross officials reported that the City of Chicago, Department of Homeland Security and the Secret Service had instructed them to prepare for a mass evacuation of the city in the event of an emergency during the NATO summit. The Red Cross was to prepare to shelter and feed residents in the event of such an evacuation.
On the heels of that announcement, more details have emerged and they suggest the Federal security apparatus has completely lost its marbles.
The Illinois Department of Transportation is testing an emergency plan to shut off access into and out of downtown Chicago. The plan uses a network of highway security gates that are designed to shut down all traffic coming in and out of Chicago in the event of a terrorist attack.
The Illinois DOT is warning truckers that it’s best to avoid the city during the NATO Summit in Chicago May 20-21. There will be a number of driving restrictions and rolling street closures, and the Illinois DOT is testing highway barricades that will block access to all major highways in and out of Chicago.
These barricades, which started being installed on Chicago highways back in 2005, are deigned to restrict or cut off access to roads during an emergency like a bioterrorism attack.
…The Illinois DOT’s testing of these highway entrance ramp gates has many worried about the chaos that NATO may bring to Downtown Chicago. There is already talk about widespread city wide evacuations, rioting, terrorist attacks and even large scale detention centers and arrests.
It’s been reported by the local media, that Cook County Sheriff Tom Dart is devising a strategy to deal with large-scale mass arrests during the NATO Summit meeting. In fact, the Chicago Sun Times is reporting that the once abandoned Joliet State Prison may be reopened as a mass detention center for NATO.
Joliet prison is about 40 miles from Chicago and can hold about 1,300 prisoners. The Sheriff is also reportedly looking at building tents in the yard at Cook County Jail.
Militarized Red Zone
Starting May 1st, a full three weeks before the NATO Summit, the Federal Government will be setting up a Militarized Red Zone in the streets of Downtown Chicago.
In a Chicago Sun Time Article:
The head of Chicago’s NATO Host Committee said Thursday she was blindsided by the federal government’s decision to create a militarized “Red Zone” in the Loop to protect federal buildings in the run-up to the May 20-21 summit at McCormick Place.
The news of federal agents on the streets of Chicago isn’t sitting well with many. From last months urban warfare drills, to residents being warned of possible citywide evacuations, the city of Chicago is starting to look like a city that may already be under martial law.
City planning officials with the Chicago NATO host committee have been reportedly kept in the dark about Federal security plans and Federal agencies like the aptly named Secret Service refuse to release any details:
…according to a CBS 2 report, the Secret Service has refused to even acknowledge the issue and “Chicago officials say the plan didn’t come from them.
…Despite the fact that the plan for evacuating citizens has stoked paranoia and confusion amongst residents, information about the procedure has seemingly been placed on lockdown.
What we do know is that the Red Cross and local government are preparing for mass evacuations of thousands of residents in case of a “national security event”, barricades are being set up to control traffic in and out of the city, city highways and streets are being completely shut down to restrict any non-official access, mass detention centers are being prepared to hold hundreds of detainees, and heavily armed security teams will be deployed weeks ahead of the summit to acclimate residents to the militarization of their city.
There also are reports that a heavily armed security team will start making a very public appearance around federal buildings in the Loop this week. Officials with the Chicago NATO host committee were completely in the dark. They had no reports of any such plans.
Source: CBS2 Chicago
Either national intelligence agencies in the United States have gotten wind of an attack to take place in Chicago in May, or they are overtly creating a manufactured crisis to instill in Americans that absolute power over our homes, lives and daily activities lies in the hands of our benevolent, all-seeing government.
Looking back at Executive Orders and Congressional Legislation over the past decade one can surmise that what’s happening in Chicago is not some half-baked training exercise. Rather, this is what life in America is destined to look like in the future. The National Defense Authorization Act, combined with elements of the Patriot Act, Presidential decrees outlining domestic military response plans, and the Federal Restricted Buildings and Grounds Improvement Act give the government the power to:
- Restrict the ability of the people to peaceably assemble and petition the government for redress of grievances, in essence completely abridging the right to free speech
- Identify and label any activities that threaten to undermine the State as ‘terrorist’ in nature
- Detain said terrorists indefinitely without charge or trial
- Deploy armed military personnel in a policing capacity on the streets of America
- Log, aggregate, red flag and act on any intelligence acquired through emails, phone calls, text messages or social networks
For those who bury their heads in the sand and want to pretend like national security centered legislation is meant to protect us from ‘terrorists’ and not to restrict the freedoms of average Americans, look around.
The control grid is being put into place, it’s happening right here and now, and it’s no longer covert. The powers that be are showing us exactly what the plan is and they’ll implement it city-by-city, town-by-town, one American at a time – until every single one of us is living in a state of fear and compliance.
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LOS ANGELES (AP) — Los Angeles police say burglars who broke into a Hancock Park home stole a safe believed to contain $10 million in cash, jewelry and other items.
A Police Department statement Monday says investigators believe crooks jumped a security gate and smashed a glass side door to enter the home in the wealthy neighborhood on March 16.
Police say the burglars took the safe from a walk-in closet, and used a rug to move it down some stairs and out the front door. Police officers responding to a security alarm discovered the burglary.
Investigators are seeking the public’s help in catching the thieves.
The victim’s name has not been released.
Rips ‘biggest censorship blackout in the history of the United States’
“America’s toughest sheriff” says there is “tons” more potentially shocking information on Barack Obama in connection with his probe into the president’s eligibility, and he calls the media’s suppression of his findings of a likely forged presidential birth certificate and Selective Service Card “probably the biggest censorship blackout in the history of the United States.”
“I’m not going after the president to keep him off a ballot or anything else, but that could happen,” Arizona Sheriff Joe Arpaio said. “I’m going at it strictly as a law-enforcement guy investigating a possible forgery and fraud. I’m sticking with that, but I’ll tell you one thing. We got tons of other information that could be very shocking, too, but I’m sticking now with just the [forgery] investigation and possible criminal violations.”
The lawman from Maricopa County made the comments March 16 on a national radio show hosted by Roger Hedgecock. (Scroll down for video.)
As WND reported March 1, Arpaio and his Cold Case Posse announced there is probable cause indicating the documents released by the White House last April purported to be Obama’s original, long-form birth certificate and Selective Service registration card are actually forgeries.
He stressed on the radio show his original intent with the posse was to put to rest all the claims suggesting Obama was not meeting the constitutional requirements to hold the presidency.
“I told these guys, ‘I want you to do a good job. I hope we clear the president,’” he explained. “I said give me the microfiche in Hawaii to show that he was born in that hospital. Give us the microfiche. I said that six months ago. And that would clear everything up. But as we went into it with an open mind, now we’re coming to a conclusion that we may have some forged documents revolving around this situation.”
When asked about making an arrest, Arpaio said, “We’re trying to identify any alleged forger. We haven’t done that yet. … I’m not blaming the president, but if they’re forged, someone has to be responsible for doing that.”
The sheriff also said that on Friday, he made a decision about where to send Obama’s Selective Service Card in order to have that agency “help us or do an independent investigation.”
“We have nothing to hide. We’re bringing it to their attention, and see what happens,” Arpaio said. “My problem is, there’s a lot of conflicts out here to get somebody to look into this. [Regarding] the media … this is probably the biggest censorship blackout in the history of the United States. When I go to the toilet, I make it in national news. … I just can’t believe the media, including the cable media blocking this thing out.”
Arpaio did not specify the agency to which he sent his information and request for assistance, and when he was asked by Hedgecock if it were the U.S. Selective Service System, the sheriff responded:
“I guess common sense would be to send it to them. The Selective Service director is appointed by the president. … They only have 136 employees in the whole organization. I presume if I did that, what do you think they’re gonna to do with it? The director [Lawrence Romo] who was appointed from San Antonio, Texas, eight months into the Obama administration, what do you think he’s gonna do? He’s probably gonna call some guy at the White House if he can get up to the chief of staff to ask some advice, and then what are they gonna do? Give it to the attorney general? I don’t know. … So I’m fighting big battles here.”
Arpaio made special note about the issue of Obama’s possibly forged Selective Service Card.
“We had a press conference. A lot of people came. They were snickering, trying to embarrass me, [saying] this is a pony show trying to get publicity,” he said. “However, when we showed the Selective Service Card on the screen, you could hear a pin drop.”
Though Arpaio did not focus on Obama’s Social Security Number at his news conference, WND has also reported the president may be using a fraudulent number, another important piece of information the national news media continue to suppress.
The Arpaio findings are not the only items the media are refusing to cover. As WND reported yesterday, a full-blown cover-up appears to be taking place in connection with WND’s disclosure about a retired U.S. postman who has signed a sworn affidavit suggesting Obama was a foreign-born student who was receiving financial help to go to Harvard from the parents of domestic terrorist Bill Ayers.
Arpaio’s Cold Case Posse began its investigation in August after 250 members of the Surprise, Ariz., Tea Party, presented a signed petition asking him to undertake the investigation. The tea partiers indicated if a forged birth certificate had been used to place Obama on the 2012 Arizona presidential ballot, their rights as Maricopa County voters could be compromised.
NOTE: In case you missed the news conference of Sheriff Joe Arpaio’s “Cold Case Posse,” you can view it here.
Then last December, Obama’s Justice Department held its own news conference to claim Arpaio’s office committed civil-rights violations against Hispanics, including racial profiling and heavy-handed immigration patrols based on racially charged complaints.
When asked about that during Friday’s radio show, Arpaio said, “They want to control my organization, [imposing] monitors and everything else. I’m not gonna go for that. So I guess they’ll sue me and we’ll go to court and put the real facts out. The real facts that they’re going to have to come up with including all their so-called witnesses that they won’t identify. They won’t give us anything.”
Provo, Utah (CBSDC) – Jon McNaughton, a controversial artist who often mixes religion and politics in his work, has released a new painting.
In “One Nation Under Socialism,” President Obama holds the U.S. Constitution as it burns.
While McNaughton previously depicted Obama stepping on the nation’s founding document, “One Nation Under Socialism” glowers directly as if challenging the viewer. His right hand is holding the Constitution and his left hand is pointing to the flames.
McNaughton tells CBSDC that the hands “represents his recognition of what is happening (to the Constitution) as it goes up.”
“There are numerous symbols and subtleties in this painting, and I’m not ready to reveal all of them,” McNaughton said.
CBSDC contacted Jerry Saltz, an art critic for New York Magazine, about the painting.
When asked for an opinion, Saltz said that the painting contained “bad academic derivative realism,” calling it “typical propaganda art, drop-dead obvious in message” and “visually dead as a doornail.”
“It panders and preaches to the converted and tells them what they already believe,” Saltz told CBSDC.
Saltz said the painting could not be compared to WWII art.
“It has no graphic power of its own. It simply attempts to crawl into the body of that sort of illustration.”
When asked if removed a few years from Obama’s presidency could the work be then viewed as art, Saltz said the work is “inverted, with an American as an enemy — Hitler, Tojo, Stalin, whoever.”
“It’s much closer to the hate images produced in Germany pre-1939, in 1950s USA Red scare, in the USA around Jim Crow, etc.”
Whether stale or arresting, the painting turned McNaughton’s Facebook page into a battleground, where comments are flying from both political adversaries.
McNaughton acknowledges that his latest piece “has brought out more feelings among those on both the right and left than my other previous political paintings.”
Although President Obama is the focal point of the painting and he is the one holding the Constitution, McNaughton insists that he does not “presume to suggest that he was the lone culprit responsible.”
But despite the bickering, McNaughton hopes that he will get the “public talking about what the painting represents. Is Obama pushing a Socialist agenda on the American people?”
He hopes his art will get people to answer such questions.
“People need to start talking, and the conversation is about to get heated,” he said.
As with his other works, McNaughton released a video on YouTube detailing “One Nation Under Socialism.”
In the voice over, McNaughton says, “This is my pledge. I pledge allegiance to the United States of America and not to an ideology that could never stand: one nation — under socialism — divisive with no liberty or justice for anyone.”
Total Collapse: It’s Not the End of the World, It’s Just the Start of a New One (Remnants Movie Trailer)Posted: March 13, 2012 in Money, Movies, People, Politics, World
Synopsis: As the government declares martial law in urban areas, requests to remain calm go unheeded as everyone in Art’s office panics and flees to get back home before the gamma rays cripple the planet’s infrastructure. Art and Gwen struggle to get through the dangerously gridlocked traffic to reunite at home. When the catastrophe hits, there is little outward effect – the skies light up as the electricity and all communications are disabled indefinitely. Art and his family provide emotional support to one another, wondering what it is that is happening – some sort of end times? No one knows, but they are resolved to stick together as a family and a community.
The residents of Excalibur Estates awake to a very different world. As they survey their neighborhood, they learn that they must survive in a simpler lifestyle than they’d previously enjoyed. Merl, a former military man who has been prepared for such an event, is stocked up with supplies. The neighborhood falls into contentious chaos..