View Full Version : Has The New World Order Began!
goldraker
04-28-2006, 03:05 AM
http://freemarketnews.com/Analy...id=4667&wid=102
goldraker
04-28-2006, 03:21 AM
http://freemarketnews.com/Analy...id=4667&wid=102
The National Debt has suddenly, inexplicably, declined by a lot. Weird! In fact, the National Debt has literally collapsed $58 billion in less than two weeks! Unprecedented!
...
This is about as weird as this week's installment of One Interesting Mogambo Statistic (OIMS), which is that savings and other deposits at the banks are on track to register what looks to be their biggest (by far) one-month gain in history; up $125 billion in the last three weeks! Wowee! One huge whopping percent of total United States Gross Domestic Product has appeared, like magic, as savings and "other deposits" in the banks! In one month! Like I said, weird!"
...
This columnist, Richard Daughty, writes bi-weekly articles about the economy... this is the same guy who found that the Fed "other reserve" went up by some 4.7 billion last week out of nowhere...
As quoted above, the national debt has gone up by some 57 billion in 2 weeks, and the bank deposits went up 125 billion, again out of nowhere... His previous columns had made fun of diminishing bank deposit reserves...
Perhaps this is dinar related? Are the banks putting their secret dinar stashes they bought on the FX tradings on the books in anticipation of the RV this weekend? Am I just looking for straws and connecting dots where there are no dots?
Could this be RV profit? Let's say the USA was sitting on 7 billion USAD IQD that would be a 8 fold profit
Lonestar
04-28-2006, 09:35 AM
Interesting point and it may be valid. Everything now is heated speculation based on the last several days happenings.
Corwin
04-28-2006, 01:48 PM
The National Debt has suddenly, inexplicably, declined by a lot. Weird! In fact, the National Debt has literally collapsed $58 billion in less than two weeks! Unprecedented!
...
I doubt if it is unprecendented. Note well: It is Tax time in the USA. Those could be tax returns. Several States are getting higher windfalls than previously expected - this could just be the profits from new tax structure.
Corwin
Vanquish
04-28-2006, 02:16 PM
I can field this one.
Basically, the M3 Federal document that "proves" to the rest of the world how and why the US dollar is worth what it is, and how many are being printed each month is no longer being published (as of March 2006)
http://www.freemarketnews.com/Analysis/110/4691/2006-04-28.asp?wid=110&nid=4691
This means that the rest of the world cannot get a "true" calculation of the US Dollarīs worth. It isn't backed by gold, so its worth what the US Gov say's and US Military Might/Influence says its worth. True worth is something else. If you have been following the gold markets for the past 6 months, you will see the smart players are pulling out of dollars and investing in gold.
Anyway, its a long article, but I have pasted the most interesting section below.
"Beginning in March, though planned before Bernanke arrived at the Fed, the central bank discontinued compiling and reporting the monetary aggregate known as M3. M3 is the best description of how quickly the Fed is creating new money and credit. Common sense tells us that a government central bank creating new money out of thin air depreciates the value of each dollar in circulation. Yet this report is no longer available to us and Congress makes no demands to receive it."
Sorry to break up the party.
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