Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Rip the Face Off the Bears Rally! - 22nd Dec 24
STOP LOSSES - 22nd Dec 24
Fed Tests Gold Price Upleg - 22nd Dec 24
Stock Market Sentiment Speaks: Why Do We Rely On News - 22nd Dec 24
Never Buy an IPO - 22nd Dec 24
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Eight Forecasts in the Wake of the Financial 9/11

Politics / Financial Crash Oct 18, 2008 - 01:51 PM GMT

By: T_Anthony_Michael

Politics Best Financial Markets Analysis ArticleForecast #1

  As we all sit back and wait for this year's October Surprise, please know that it came a little bit early this year on September 15th which will forever be known as BLACK MONDAY.  Actually, the entire month of October is set up to be a series of Black Monday's, as well as every other day of the week is shaping up to be.  It's really a good time to brace your self since this year's election cycle, and beyond, will bring with it a whole new season of surprises.  Things like the beginning of the end of FIAT money – the real root cause of all our financial problems and economic ills.  


This foundational flaw, together with all of the multi-layered financial/economic/accounting mechanisms and schemes that have insidiously crept into the system, are the ‘not talked about' institutionalized culprits and structural deformities that really need to go.  Without them, the perps wouldn't be so tempted to stack the deck against us all the time.

  The only legitimate currency is that which is backed by GOLD, or some other precious commodity that is universally valued, and issued directly by the US Government, not a privately owned, organized crime syndicate like the FED.  Debt driven, fractional-reserve banking – the real bane of global finance – will then be banished from the planet forever, along with the overlords of disaster capitalism, institutionalized usury & loan-sharking (e.g. World Bank & International Monetary Fund), as well as their economic hitmen.  Finally, the central organizing principle of modern society, and especially Western Civilization, will no longer be: maximizing shareholders' wealth.


Forecast #2:

  Another little surprise will come in the form of an announcement that goes something like this:  The USA was conceived to be a CONSTITUTIONAL REPUBLIC, not a democracy by plutocracy.  The founding fathers would be absolutely horrified to see the “mob rule by the privileged elites” into which this once great nation has degenerated.  Every political philosopher knows that democracy, when sufficiently dumbed down and unduly influenced by the moneyed ruling class, will always devolve into a despotic tyranny.  Therefore, the wholesale exportation of our fraudulent notion of democracy, and its supposed freedoms (to buy, buy, buy after watching the boob tube* hucksters), by the political and corporate classes must be reconsidered.  And it will be soon, on a new channel during this “Fall” season's new lineup!  Stay tuned ---

Forecast #3

  Another announcement will be made, in the not too distant future, about the business entity commonly known as the CORPORATION** – the main huckster of this ‘brand' of faux democracy.  Surely, if the devil were to ever choose the perfect form in which to enter in order to carry out his nefarious designs, Inc. is it.  Is there any other entity on earth – person or party, organization or association, government or institution, jurisdiction or bureaucracy, club or group, fraternity or sorority, etc. that can function with such impunity, as it hides behind the shield of LIMITED LIABILITY.  Those two words have given complete cover for the flagrant and wanton destruction of planet Earth.

  You name it – oil slicked coastlines, razed rainforests, beaches strewn with dead dolphins and whales.  Not to mention the complete erosion of human, civil and national rights, wherever INC decides to set up shop.

  Let's pick a country.  Let's go to India and visit Bhopal of Union Carbide fame.  Close to 8000 people died within two weeks of that December day in 1984 in what is known as the worst industrial disaster of the last century.  Or visit the Punjab and talk to the thousands of widows of farmers who committed suicide because of Monsanto's “seedless seeds”.   Or go to just about anywhere on that subcontinent where a Walmart is being protested for land theft, encroachment and despoilation.   Let's not forget about all the Coca Cola bottling plants that have become notorious for stealing the most precious commodity that every Indian cherishes and covets – WATER.  Well, that takes care of land, water, air … and blood.  What else in heaven's name do these stakeholders want?!

  We all know the deal.  It's the one where the individual, and his/her environment, is always trampled in favor of the corporate interest.  Isn't it time to really take stock of what our current predicament has left us with.  Perhaps it's also time to seriously think about actually re-ordering the ORDER, instead of once again rearranging the deck chairs on the titanic.  Like we've said, “optimizing stockholder profit” will soon be history, as the cease and desist orders are not far from being issued to Corporate America.  Might as well get a head start on dissolving (or re-chartering) that corporation.


Forecast #4

  Termination of Globalization:  The dominating and predatory form, that is.  No other global initiative has been more unsuccessful at creating a framework for a more efficient transfer of goods and services around the planet.  Truly, every aspect of this corporate inspired policy has failed miserably.  Wherever it promoters trumpet its stated intention to make markets more streamlined, effective and resilient, it has done quite the opposite.

  One only needs to look at the current debacle within the European Union concerning the banking, credit, and stock market breakdowns.  Never has a response from the appropriate governing bodies been more disorganized, full of mixed messages and working at cross purposes with the member states.  It's like watching The Three Stooges (France, Germany & Italy) play musical chairs blindfolded with no clothes on.  What an unprecedented spectacle, and in plain view for the entire world to watch!  This will undoubtedly put the brakes on the concretizing of a North American Union and their planned currency – the Amero.  Praise the Lord!

  As a matter of fact, all of the financial unions and economic superstates that have been created over the past many years will, by sheer necessity and desperation, be forced to re–organize themselves in the next few years.  Even South America, which has two distinct camps that are constantly gummin' up the works for each other, will abandon their current emerging model in favor of one that enjoys complete freedom from its NA taskmaster.  To their credit, they have set the bar higher than it has ever been set concerning their strongly stated desire to be free of IMF and World Bank control.  Only Russia has exceeded their standards, as they had already been fleeced by the Zionist Oligarchs in what may very well be the grandest larceny of national wealth/resources in history.

  The ruinous influence of these two globalization thugs (IMF & WB) can be instantly assessed by looking at the economic calamities they caused in Argentina (1999-2002), as well as in Thailand, South Korea & Indonesia during the 1997 Asian currency crisis.   Likewise, every nation in Africa that has chosen to take on their monetary yoke has only misery and war and financial oppression to show for it.  Wherever these 2 scrooges show their face, it's quite like Ebenezer himself showing up to make a house call.  You know the patient will soon find himself in a pine box after all gold fillings and rings have been removed.

  We have seen this globalization scam unfold in country after country, as a ruse to steal a nation's resources, always taking from those who have, and giving to those who want it.  In fact, an objective assessment of all the world's current conflicts would reveal that the vast majority are directly the result of this geo-political/commercial dynamic.  The privatization of water sources/bodies/supplies/rights is perhaps the most provocative and glaring, and can be found at the root of a number of these resource wars.

  Clearly the verdict has been delivered:  Economies are much less vulnerable, the more locally they are positioned and the less centralized their decision-making process.  This arrangement affords much greater resiliency when dealing with the vicissitudes of the marketplace.  And it takes the power away from those who are insulated in ivory towers, and far from the plight of the common man.  “Think globally; Act locally.”

Forecast #5

  Stock market will become extinct.  There is no greater tool at the disposal of those who can, and do, manipulate the various markets than the charade of “setting up” a formal system of trading, buying and selling of anything, as exemplified by the NYSE.  This is where it all happens.  From devastating whole national (and regional) economies, to toppling uncooperative corporate execs, to bringing 150 year old multi-billion $$$ companies to their knees within a week's time.  From triggering stockholder revolts, to propping up corporate raiders, to extorting billions from national and/or corporate treasuries.  They can, and do, do it all right there on the floor.

  Really, the very best example of what occurs in these speculative market exchanges is the gambling casino.  In Vegas, everyone knows that the house ALWAYS wins.  It never loses. Even when there is the appearance of losing, it still wins.  Go figure, but it's true. Your stockbroker is not too unlike the blackjack dealer.  And your financial planner is often a croupier in disguise.  So, the question remains, do you honestly know what your hard earned retirement money is invested in?  If not, this is a very good time to find out!!!

  For those of us who have been there, we know that whether you call it an oil bourse, a commodity exchange, or a bond market, you're still playing in a game that can go against you at any time.  Wipe out your earnings in a heartbeat; devour your principal in a flash.  It's often been said that when he comes, “he comes like a thief in the night”.  Do you still feel you know where your entire life savings is currently residing?

  The derivatives market represents the single greatest threat to worldwide economic stability and financial security.  It poses such great potential for financial abuse and economic devastation that the current institutional arrangements of this commercial realm have become completely unacceptable.  The alarming proliferation of hedge funds, as well as the growing number and variety of derivative instruments, has reached a critical mass that is incompatible with living a financially sound life on planet Earth.  Simply put, some of these instruments are so far from the street – economic reality – that they put into jeopardy all the hard work, which appears in the form of real goods and services, that is produced by any economy at any given time.  This predicament signifies a CLEAR AND PRESENT DANGER to us all.

  Derivatives by their very nature can be highly radioactive, and can go nuclear any time circumstances conspire in just the right, or wrong, way.  It's time for them to go.  And we trust it's just a matter of execution at this point.

Forecast #6


  Mass Consumerism & Perpetual Economic Growth – the Fric & Frac of our Age.  One need not look any further than the inside of one's own home to see the ravages of these adopted twins.  They own the bedroom, the living room, the family room and all the closets.  They've taken over the kitchen, the den and the garage, as well. Since their middle names are Amass and Accumulate, we can only imagine what might lay hidden in the attic, the basement and the shed.

  Ever since they became the twin pillars of Kali Yuga's overarching philosophy of life, things started to really go to hell in a handbasket … or rather gilded cage.  How so?  What else could one expect from a political economy that demands growth, necessitates growth and extols the virtues of growth at every turn (and on every other commercial and newscast).  Growth, at the expense of WHAT!!  We'll tell you what – Life!

  One of the most tragic parts of this ever-unfolding tragedy has been the dramatic change in the spirit of the people with whom these twins associate.  The very society loses its refinement, as the culture becomes debased.  Aren't so many things associated with Americana experienced as coarse, and crude, and crass?   Likewise, the nation, which was once known as the “land of the free; home of the brave”, morphs into a country reviled for its unkindness, lack of compassion and cruelty.    Before anyone realizes, the citizenry is easily being herded, and then stampeded, into wars and conflict of every sort and kind.

  What else could be expected when the meme of consumerism is subliminally implanted at such a young and tender age, and relentlessly reinforced from cradle to grave?  Likewise, in the corporate realm, any board director, company officer, division president, regional director, department manager, production supervisor, etc. will candidly speak to the greatest pressure in their lives.  More sales, more profit, more production, more revenue – anything that will show an increase in year over year growth.  Always gotta GROW, even though yuv been out of puberty for 20 or 30 years!?

  Well, you can imagine that this state of affairs can only go on for so long.  As a matter of fact, this party's now over.  And the hangover is about to begin.  Perhaps it's time to send these twins on a permanent vacation to the waterless region.

Forecast #7

  There is a very profound and significant connection between 9/11/01 and 9/11/08 that may be difficult for many to fully embrace.  But here it goes –
  The OMEN that 911 truly was, looks a little bit like THE LORD OF THE RINGS.

Remember the Twin Towers?  When they came down in NYC, it was a message to humankind that the reign of the Almighty Dollar was coming to an end.  As a nation's currency goes, so goes its destiny.  Her financial strength and economic prowess was on the wane, and soon to be greatly diminished.  Just as the WTC (financial capital of the world) was pulverized into dust, the US Dollar would be swept into the ash heap of history.  Just as we see it collapsing all around us, exactly 7 years after the original 911 apocalyptic events.

  When the Ring of Power was finally destroyed, like the Pentagon (ring-shaped command center of the military-industrial complex) was mortally wounded and damaged, the message was equally clear.  Her military might and superior force would be reduced to rubble in the twinkling of an eye.  She would, likewise, soon see the demise of Her all-pervasive state sponsored terrorism.  This, because she had lost all moral ascendancy.  Besides, the empire could no longer be sustained politically, financially, practically or ethically, as the seeds of its own destruction had fully sprouted.  The most fatal seed grew into that extremely corrupt and predatory form of corporate, crony capitalism which was so socially unconscious, and so environmentally unaware, it was quite doomed from the very beginning.

    The GOOD NEWS is that this nation – its people – will now be compelled to beat their “swords into plowshares” and their “spears into pruning hooks”.
  Just as the Phoenix rose from its ashes, so too will America ascend to even greater heights.  As long as She ascends with the guidance of the highest of ideals, loftiest of principles and noblest of intentions.  And She reforms, and transforms Herself, in good faith, in earnest and with haste.
  As a modern day prophet said in the days immediately following September 11, 2001:
“America, Wake up ! ! !  Seize this God-given opportunity.  There is no more time to dally in fear and ignorance and greed.  For yours is a destiny that must serve as a beacon of Light and Love and Hope to the world.  Make haste, the time is drawing nigh!”

Forecast #8

I.    Gold is King ! ! !

II.   Silver is Queen ! !

III.  Palladium & Platinum are Prince & Princess !

*Also known as TV – the most lethal and underestimated Weapon of Mass Destruction of the postmodern age (Peruse “Television And The Hive Mind” @ MackWhite.com).

**THE POST CORPORATE WORLD: LIFE AFTER CAPITALISM
by David C. Korten is a great way to see where we're heading.


Ring Of Power, which is produced by AMENSTOP productions, can be viewed on both
You Tube and Google Video, and is a great way to see where we came from.


Crony Capitalism is quite definitively laid bare by F. William Engdahl in his “Financial Tsunami” series.  “Financial Tsunami: The End of the World as We Knew It” as follows:       http://www.engdahl. oilgeopolitics.net...

Disclaimer:  There has been just a little discussion on the internet about whether this reality check has a tinge of doom and gloom.  By no means is this the author's intention. But, let's face it, sometimes a reality check can be quite difficult to watch.  We would like to pose the following question for those sensitive souls to seriously consider:

When you're watching an 18 wheeler – with a full payload of freshly minted lead – barreling down a very steep and winding mountainside road, and the steering wheel is broken, the brake lines have been cut, the windshield's been shattered, 16 of 18 wheels have come off, the driver has just suffered massive cardiac arrest and the guy riding shotgun has just finished his 4th six pack   …  …  …  and now it's careening toward a cliff side overlooking a deep, deep chasm.  I think we all get the picture, don't we?

However, just as there is Light at the end of every proverbial tunnel, infinite possibilities lie at the bottom of this chasm – each of them more awesome and wondrous than the other.

PS  For those of you who see the spark of truth in these revelations, we encourage you to
      contemplate the following:

                      If you find it resonatin', perhaps you'll start disseminatin'.

By T. Anthony Michael

We The People
we_the_people@fastmail.us

T. Anthony Michael is a Financial Analyst & Long Range Financial Planner.

T. Anthony Michael Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in