Posts Tagged ‘ crash ’

Slovenian Banks Cause a Downgrade to BBB+ by Fitch

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  by John Galt May 17, 2013 11:15 EDT   The news from Europe and the so-called successful European Union continues on a dire path, now with the tiny nation of Slovenia following in the footsteps to slavery and a Panzerbank march to seize control of the nation’s wealth. The economic Blitzkrieg that Germany’s favorite Marxist, Herr Merkel, is executing would make Rommel jealous as now Slovenia is in precisely the same danger as Greece was in 2009. This is not a surprise as I…

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BREAKING NEWS: Holy Smokes FDIC Seizes Failed Bank in AZ on a WEDNESDAY!!!!

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  by John Galt May 15, 2013 19:00 EDT Uh, this sounds a lot like 2008 or 2009. The Central Arizona Bank in Scottsdale, AZ did not even open THIS MORNING!!!! The bank was seized last night with little warning and instead of seizing the parent company in total (Capitol Bank Holdings, Lansing, MI) this one unit was suddenly seized Tuesday night and shut down. Something does not smell right as it has always been EXTREMELY RARE for a bank to be shut down on…

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Another Friday, Another 2 Bank Failures

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  by John Galt May 10, 2013 22:50 EDT While the American Mainstream Propaganda Media continues its reporting of just how wonderful the economy is, reality at the street level, Main Street to be exact, continues to set it. What is truly amazing is the mainstream idiots think that because a bank fails now, that the American economy is “healthy” enough because it can absorb it. Really? In 2008 the same idiots in the financial media said the initial wave of bank failures meant nothing…

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German Euro Founder Calls for End to the Currency but Can one Kill a Fallacy?

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  by John Galt May 5, 2013 20:00 EDT Tonight, Ambrose Evans-Pritchard penned an article in the UK Telegraph where the German creator of the Euro currency called for the following: German euro founder calls for ‘catastrophic’ currency to be broken up In the article it is stated that: “The economic situation is worsening from month to month, and unemployment has reached a level that puts democratic structures ever more in doubt,” he said. “The Germans have not yet realised that southern Europe, including France,…

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The Dow Jones Industrial Average Reminds me of 1936

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  by John Galt April 23, 2013 05:40 EDT Unfortunately for the American public, most people do not have the asset of grandmothers or grandfathers who survived the Great Depression of the 1930′s and can remind us of what happened and how the sucker’s recovery had everyone believing things were better when in fact they were not. The mainstream media and socialist education establishment would have the average person believing that in 1935 the economic programs of Franklin Delano Roosevelt created a massive economic recovery…

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The Central Banks New Currency War on Gold and Freedom

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  by John Galt April 22, 2013 05:30 EDT The sad truth about our modern reality is that everything is fixed. Football games? Probably. Elections? Definitely. Judicial trials? If you have the money, no problemo. Stock markets? Seriously, you have to ask? Thus why the Central Banks have declared a currency war to protect their precious post-Bretton Woods period of dominance so they can continue the rape and pillaging of nation after nation in exchange for greater power at the expense of the individual citizen’s…

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The Upcoming Stock Market Crash brought to you by Gold

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  by John Galt April 15, 2013 05:50 EDT The bloodbath in precious metals and base metals continues this morning with gold down over $100 per oz. at one point in electronic trading in New York: (charts from FinViz.com) While many crazed souls in the precious metals community will act like a chicken with their head cut off, I simply remind everyone of what gold and silver predicted in the spring of 2008: (charts from StockCharts.com) The chart above demonstrates first a correction which was…

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Marxist Merkel leads Germany’s new Push to Destroy Capitalism in Europe

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  by John Galt April 14, 2013 23:30 EDT Everyone seems to think that Angela Merkel, the current Führer of Germany, is an angelic saint who wishes to retain and improve the European Union and capitalism within the borders of her nation and beyond. Yet nobody wishes to publish, disclose, or review her communist past and work within the Soviet Union’s empire. I first looked at this in September of 2011 where I stated: The Future of the Capitalist World is Controlled by 2 Students…

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The Average Person will soon Not Be Able to Afford Gold and Silver

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  by John Galt April 15, 2013 05:00 EDT There is a growing problem as the United States lurches towards its ultimate goal as a good world citizen and participant in the new world order of economic and political unity under a globalist banking system overseen by a select group of unelected political appointees. The problem is almost identical to the growing firearms and ammunition shortage in the U.S. where prices are putting many weapons and types of ammunition, when it can be found, out…

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4/9 AEP: Greece may ask for €162 Billion in War Reparations from Germany!

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  by John Galt April 9, 2013 22:50 EDT The strange world of European Union disunity continues to rear its ugly head and the long but not forgotten nation of Greece appears to be preparing to make a blockbuster claim against the nation of Germany for €162 BILLION in war reparations from Germany for World War I and World War II damages. In an article by Ambrose Evans Pritchard via the UK Telegraph this afternoon he states the following: The document – stamped “Aporito”, or…

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If North Korea Starts a War the United States Will Lose

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  by John Galt April 2, 2013 05:00 ET   At this moment, imagine the reality of the world we live in and not the dictates of the psycho-babble globalist controlled mainstream media. The Chinese Communist Party is in disarray as a new leadership is ushered into power with strong influence from the People’s Liberation Army who wishes to exert its power over East Asia and permanently eradicate the dominance and necessity of dealings with the United States. In North Korea the new leadership is…

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This is what the Real Real Estate Bottom Looks Like

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  by John Galt March 31, 2013 13:535 ET No further comment is necessary. From Zillow.com: Just wow. I’ll bet the NAR calls this “bullish.”    

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An Old Fashioned PIIGS story as Portugal Mises Deficit Targets Again

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  by John Galt March 28, 2013 21:30 ET   Ah, the good old days. Spain can’t meet it’s goals and needs a break from the European Union. Italy can’t form a government again (again, again, again, etc…). Ireland got drunk and forgot to make a bond payment. Greece well, is Greece. And good old Portugal can’t meet the commitments they made to the IMF, EU, and European Central Bank about their deficit spending. Wait a minute, that’s exactly what El Pais reported this afternoon:…

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Slovenia is the Next Crisis for the Dysfunctional European Union

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  by John Galt March 27, 2013 22:30 ET  Bloomberg started the Slovenia hit parade not even within a day of the “resolution” to the Cyprus crisis with this article: Slovenia’s New Cabinet Under Pressure to Avoid Cyprus Fate How bad is it? Their banks need upwards of €3 billion plus with an immediate need for liquidity for their banking system of €1 billion. Of course the European Union doesn’t realize that the more matches they flick on the Balkan powder keg, the more likely…

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Marc Faber on why This Disaster is Different

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  by John Galt March 27, 2013 21:15 ET   In this interview with Marc Faber on Bloomberg Surveillance this morning, the most dangerous point that I’ve ever heard him make about the upcoming systemic crisis (my words, not his) where he states that “even in gold it will be difficult to hide.” I point to this chart from 2008 to highlight this point:   The gold chart from 2008 illustrates a demonstrative “death cross” as circled on the chart. In 2012 to today however,…

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Cyprus Update: The EU Took €100 Million from the Greek Orthodox Church

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  by John Galt March 26, 2013 20:45 ET If anyone is under the delusion that the seizure of individual and business accounts from the banks of collapsed nation is where the evil and corruption will stop, here’s a shock for the readers courtesy of the Cyprus Mail: Church says it will lose €100m This so-called “bail-in” designed only to protect the hedge funds of the European and British money center banks scalped the one entity which could help the poor during the nations transition…

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March 26, 2013: New Dow All time High today, Happy Days are Here Again!

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  by John Galt March 26, 2013 17:30 ET     Today the Dow Jones Industrial Average closed at a new all time high of 14559.65. To add some perspective to this resurgence in the market and what happens when government and the Federal Reserve meddle, I thought a visit to economic disasters of the past might be in order: I don’t think that any other comments are necessary. Just beware the consequences of manipulated markets and the rush to the exits when everyone who…

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Perhaps Cyprus should call 1-800-ICE-LAND

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  by John Galt March 24, 2013 20:30 ET   As of just about 40 minutes ago, it would appear that the European Union has imposed another deal on the tiny island nation of Cyprus. There will be more details forthcoming but in the end, the European hedge funds and banksters will wrestle control of the sovereignty of another nation away from its people as they have in Greece, Ireland, Italy, and Spain. The obvious alternative for the people of Cyprus to indeed become the…

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03.23 Cyprus News Flash: IMF Blocks Agreement on Cypriot Bank Bailout

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  by John Galt March 23, 2013 17:55 ET   From China Radio International English News  approximately 40 minutes ago: IMF Blocks Cyprus Bailout Agreement The International Monetary Fund (IMF) is blocking a bailout agreement for Cyprus by insisting the merger of the Mediterranean island’s two largest banks, the official Cyprus News Agency reported on Saturday. The agency quoted a senior official of the Cypriot side in the negotiations with international lenders as saying that “we are not even near an agreement with the troika.”…

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Greek Bondholders about to Learn the Pain of being ‘Chryslered’

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  by John Galt March 23, 2013 01:00 ET   When in the issues of man versus government, freedom against the rule of crony capitalism, and the rule of law versus any nation’s corrupted system, there is apparently one solution to cure all the problems: Chrysler the plaintiffs. What is Chryslering? It is a new verb that most Americans are familiar with from 2009; at least to those retirees who are now bagging your groceries or asking if you would like to taste the deli…

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2 Things You Need to know about the Markets in March 2013

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  by John Galt March 1, 2013 05:30 ET   The markets are at a face palm railroad crossing and unfortunately most market participants and gurus are missing the warning sign. First and foremost is that gold has shifted from its safe haven status to a full blown predictive indicator of approaching economic and stock market action. At this moment the declines in gold are not stating we are in the great hyperinflation but in fact possibly heading towards another period of deleveraging and deflation…

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At Midnight Tonight, Every, Man, Woman, and Child in the United States is Fired from their Jobs

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  by John Galt February 28, 2013 18:45 ET   The dumb Communist Bitch from California said so it must be true:    

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02.24.13 AEP: Here Come’s the Trade War

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  by John Galt February 24, 2013 16:15 ET   The economic landscape continues to evolve within this manipulated market realm under the guise of capitalism yet few commentators beyond Rick Santelli at CNBC and Ambrose Evans-Pritchard of the U.K. Telegraph are willing to step outside the accepted norm and offer blunt commentary about the upcoming risks and eventual conclusion of the great Ponzi scheme concocted by the world’s central banks. Tonight’s edition from AEP is no exception: Trade protectionism looms next as central banks…

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The Most Dangerous Gun in Human History

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  by John Galt February 21, 2013 05:00 ET   The most dangerous gun in the world was not created by the Chinese Communist Party. It is not the Barrett .50 caliber sniper rifle. Governments do not fear the AK-47 or the now much ballyhooed AR-15 as many might think. The most dangerous gun which can bring down a government is in fact the oldest weapon of its kind in human history. That is why governments, central bankers, and mercantile professionals are terrified of it…

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The Stock Market Crash of 1999 repeats in 2013

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  by John Galt February 20, 2013 19:30 ET   Hmmm, heard this before? Nah, it’s the 1920′s ladies, Kwamer said so:   Wait a second. Oil prices going up are bad? Didn’t we hear in 2007 and 2008 that this indicated a bull market was going to extend all the way to Dow 20,000? Nah, people are not stupid enough to get washed, laundered, rinsed, and raped again are they? Ah, uh, yeah, from the New York Times on January 25, 2013: As Worries…

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Predictions 2013: The Year of Living Dangerously

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  by John Galt January 1, 2013 17:00 ET   2013.   Bah Humbug.   Washington, D.C. is a mess ruled by a maniacal narcissistic Marxist and opposed by a globalist political party which would sell your mother into slavery to get a new bridge for swamp rats in their district. The civil war in Syria continues unabated. North Korea can lob objects into the atmosphere with the trajectory of “God only knows” and hopefully one day they do not get lucky with something over…

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The Real Losers of 2012

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  by John Galt December 31, 2012 19:30 ET   Just a wee bit under a month ago, Americans both alive and dead went to the polls to vote for the candidate that they were programmed to. Yours truly crossed party lines from the Libertarian candidate to waste a vote on the Republicrat and as admitted earlier was dead wrong about the American sheeple as I had hoped to help delay the destruction of our society by at least one or two years.   After…

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Seriously You Assholes in Congress and the Senate? Seriously?

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  by John Galt December 30, 2012 19:50 ET     Well, this update is only to illustrate how utterly corrupt our system of government has become.   The assholes in the government, from the President down to morons in the Senate and RINOs in the House have gone home for the night leaving a bunch of perverts and malcontent bureaucrat wannabe’s to negotiate the future of the United States financial markets for the first quarter of 2013 and the ability of the middle and…

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12/21 8 P.M. ET – The 3 Hour Final Voice of Galt Broadcast

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December 21, 2012 05:05 ET By John Galt     Tonight I must say that parting is such sweet sorrow. It is time for this cowboy to ride off into the sunset and spend more time writing at this website and more importantly prepare my family for the acceleration of the collapse. It has been a good run, starting with my time on Steve Quayle’s program many years ago until this moment where with the blessings of all my listeners who allowed me into their…

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12/19/12 Voice of Galt: Economic Doomfest 2012 (UPDATED)

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December 19, 2012 19:05 ET By John Galt   Tonight I discuss the coming economic doom which is about to eradicate decades of American capitalism and put the U.S. on a course to make the French, Communist Chinese, and Cuba look more akin to the ideals of freedom than our founders could ever have imagined.   Housing Recovery? What a lie.   Foreclosure crisis averted? Think again.   Wage stagnation? The state wants to control your earnings.   Stock Markets? The biggest rigged pile of…

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December 4, 2012 Voice of Galt DOOMER TUESDAY: Resistance is Futile

December 4, 2012 Voice of Galt DOOMER TUESDAY: Resistance is Futile

December 4, 2012 16:25 ET   Imagine a world where there is no hope unless you take the correct medication as prescribed by your local party medical officer.   THX1138?   Not yet. Just how bad is the situation going to get? Take one look at the picture below and tune in at 8 pm ET. Remember the motto for this decade: Resistance is futile. You have been warned so tune in at 8 p.m. ET by clicking on the link below AND……   PARTICIPATE:…

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Goodbye 401K, Goodbye IRA, Hello Argentina

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  by John Galt November 30, 2012 05:00 ET   IF anyone within the sound of my voice, the view of my pages, or with even the most remote of memories about the past five years, today’s Rush Limbaugh show will provide a stunning flashback into what I was warning about in 2007 and 2008 along with the “Talkmaster,” one Neal Boortz out of Atlanta via his syndicated radio program. More on the background later, first a brief video of the “economist” who created a…

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11.20.12 Voice of Galt: Live, Loud, and Broadcasting from BOL #1

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November 20, 2012 18:55 ET   Live again.   Loud again.   Broadcasting from bug out location number 1 deep from the boondocks of Southwest Florida, there is a few things I would like to get off my chest…. The War on Christianity The World at War Police State 2013 His Royal Highnass Economy in its Death Throes and of course a huge…   DUCT TAPE ALERT  You have been warned so tune in at 8 p.m. ET by clicking on the link below AND………

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Gold will move $500 Per Ounce Per Major City

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  by John Galt November 14, 2012 20:00 ET   I may not be able to predict political outcomes but I can smell a major move in precious metals and geopolitical conflict a mile away. At this point in time, it is only logical to observe the situation in the Middle East and the soon to begin ground war in the Gaza Strip and start to extrapolate the potential move in precious metals.   To begin this story, I wish to observe the “bear” market…

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A Trip to the Grocery in the Near Future

  by Natty Bumppo November 8, 2012 05:30 ET   With all the new technologies in place and those being tested on the American public to keep us safe, I thought we should take a look into the future of grocery shopping.   It is the 7th of the month and according to the Dept. of Homeland Security’s new “Travel Now” program. This is the 1st of 2 days your family is permitted to visit the grocery store for the week. The day is sunny…

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11.07.12 Voice of Galt: An American Autopsy

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  by John Galt November 7, 2012 16:45 ET     - …. . / .– — .-. .-.. -.. / .. … / .- – / .– .- .-. / .- .-. . / -.– — ..- / .–. .-. . .–. .- .-. . -..   Dear God,   Ouch.   We got the message.   Love ya man, Real Americans   Wow gang, just wow. A lot to cover in one hour as yours truly dissects the disaster from last night. And…

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10.24.12 AEP: Germany wants their Gold Verified and Shipped Home

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  by John Galt October 24, 2012 19:30 ET   The story from Channel 7 in Australia has set off alarm bells worldwide:   Counterfeit Aussie gold sold in China   While this is not a surprise to many of us after the counterfeit Morgan and Peace dollar scheme uncovered last year and the discovery of hollowed out gold plated tungsten filled bars around the world, apparently the trust between the central banks has fallen to the point where the German Bundesbank wants to bring…

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09.18.12 Voice of Galt Doomer Tuesday: Alex Jones & Glenn Beck are Pussies

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By John Galt September 18, 2012 – 19:00 ET   Doom? Ha. The economic and geopolitical hell I am about to unleash along with our future Gestapo will make the a fore mentioned look like the female reproductive systems of the Communist Ladies Association.   Tune into DOOMER TUESDAY at 8 p.m. ET tonight to find out more…   Just click on the banner below to find the various audio players to listen or to participate in the chat room with like minded Americans.  

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09.17.12 Voice of Galt: A World at War

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  by John Galt September 17, 2012 17:45 ET   - …. . / .– — .-. .-.. -.. / .. … / .- – / .– .- .-. / .- .-. . / -.– — ..- / .–. .-. . .–. .- .-. . -..   Welcome to the feelings of Europeans in August of 1939.   You have been warned so tune in at 8 p.m. ET by clicking on the link below AND……   PARTICIPATE: Click on the banner below to find…

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