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.


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

Ad Space M-1

Board Rules

October 2016


Calendar Calendar

Ad Space M-2

Revv Worldwide

IQD/Oil/Commodities Charts


Ad Space M-3

Top posting users this week

Top posting users this month

Ad Space M-4

Bankster Manipulation Continues As Excess Debt And Leverage Threatens Global Financial System



Posts : 16651
Thanked : 812
Join date : 2013-01-12

Bankster Manipulation Continues As Excess Debt And Leverage Threatens Global Financial System

Post by Lobo on Mon 26 Oct 2015, 5:13 pm

Bankster Manipulation Continues As Excess Debt And Leverage Threatens Global Financial System

With continued uncertainty in global markets, today a 50-year market veteran warned King World News that bankster manipulation of markets continues as excess debt and leverage threatens the entire global financial system.
[b][size=18]October 26 (King World News) – [/b][/size]John Embry:  “The theater of the absurd intensified last week.  The world’s stock markets were all bid higher in the face of essentially more bad news, easing talk from the head of the ECB, Mario Draghi, and a rate cut in China…
Continue reading the John Embry interview below…

To hear what billionaire Eric Sprott & Rick Rule are doing with their own
money and which $7 billion company John Embry &
Dr. Marc Faber oversee
 click on the logo:

“Never has any individual gotten more market reaction with just mere talk then Draghi.  The man who said several years ago that he was prepared to ‘do anything’ to save the euro, continues to run his mouth while doing as little as humanly possible so that this  financial charade can continue.
On the other hand, the Chinese, after reporting a 7.2 percent annualized growth rate in the latest quarter, felt the need to cut rates, suggesting that perhaps their economic numbers might be bogus.  Anybody who does a modicum of analysis on the true state of the Chinese economy realizes that their growth rates are nothing but fiction.  Looking at micro-numbers like power consumption confirms that suspicion.

Excess Debt And Leverage Threatens The Entire Global Banking System
However, the real problem in China is the state of the banking system, where bad loans are proliferating at an alarming rate in a massively over-levered system.  But China’s problem is just a manifestation of a much larger global problem.  Excess debt and leverage are threatening the entire global banking system.  But the Chinese had beaten the global growth engine recently and so their problems are of great concern because they will affect the entire world. 
The antidote to all of this in the eyes of the central planners in the short-term is to secretly jam whatever amount of liquidity is required into the system in order to keep stocks elevated and interest rates near zero.  However, they will soon discover that you can’t cure a solvency problem with unlimited liquidity.  But you can create a global hyperinflation, and at this juncture that is unfortunately where we may be headed.  
As part of the central planners’ holding action, gold and silver must not be allowed to rise noticeably and attract the attention of the masses.  They represent real money and sharply rising metal prices would reveal to the largely unsuspecting public that the end of the latest experiment in pure fiat currency was rapidly coming to a conclusion.

Bankster Manipulation Continues
To this end, we saw one of the largest one week rises in the commercial short interest in gold, as their position rose by 35,000 contracts.  They were forced to pile on shorts in order to prevent gold from surging above $1,180 per ounce, a potential breakout point at this moment.
In the past this has been a precursor to a takedown in the gold price as the hapless long speculators were taken to the cleaners.  This may happen again, but with the mounting shortage of physical gold in the West and an obviously deteriorating financial and economic backdrop, a commercial signal failure, where the shorts are convincingly overrun, might finally be at hand.”

    Current date/time is Fri 28 Oct 2016, 9:03 am