Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.

Neno

NOTES:
For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017


Governments’ Hands Are Chained; They Cannot Prevent Their Demise

Share

Lobo
Moderator
Moderator

Posts : 17927
Thanked : 881
Join date : 2013-01-12

Governments’ Hands Are Chained; They Cannot Prevent Their Demise

Post by Lobo on Thu 24 Sep 2015, 1:32 pm

Governments’ Hands Are Chained; They Cannot Prevent Their Demise

Posted on September 24, 2015 by Martin Armstrong


QUESTION: When I read your projections regarding monthly or weekly closes below certain levels, i cant help but think that the government is reading it also and will use their mighty resources to make sure that the levels are not fulfilled.
your thoughts?  is the market just too enormous?
thanks
ms
ANSWER: Governments are powerless. Their hands are chained for they cannot reverse a trend that is against everything they stand for. Governments cannot control the markets. It is a confidence game. They pretend to be all-powerful, but they cannot prevent the trend.
Japan used the Postal Savings Fund, which at its peak in 1989 of $1.3 trillion dollars was the largest fund in the world. I was called in to develop a hedging model six months before our model warned that the high would be in place for 1989.95. We prepared the plan and the government prevented them and another client with over $1 trillion from hedging. They said if we hedged those positions, the Nikkei would collapse. The government then usurped the Postal Savings Fund and tried to prevent the demise. Countless Japanese lost everything because they too assumed the government was all-powerful and held on to losing positions. We had to work out bailouts for over 200 companies in Japan. By 1999, the Postal Savings Funds required bailouts.
China has attempted to support a falling market. No government has EVER succeeded in doing so. So they may read us, and when the blood is flowing, they always call us in. But it cannot be reversed. The trend is the trend.
This entry was posted in Q&A and tagged Postal Savings Fund, Trends by Martin Armstrong. Bookmark the permalink.

    Current date/time is Wed 07 Dec 2016, 4:37 am