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Part 2- 2008 Again...ALERT...Um...I Guess?...

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cernunnos5
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Part 2- 2008 Again...ALERT...Um...I Guess?...

Postby cernunnos5 » Thu Feb 11, 2016 9:26 pm

One good disaster deserves another. I was able to predict the commodities crash in part 1 viewtopic.php?f=22&t=5813 mainly because I was warned a couple months before it happened by Chris Martenson...so I knew what to look for when it began to happen.

Well, he put out another ALERT today. I'ld already seen this one since Tuesday so I am not surprised. This one should more closely mirror the 2008 Leman's \ Bear Sterns crash...but this time from Europe.
A little light reading to get you up to speed- http://investmentresearchdynamics.com/g ... e-on-deck/

" It was reported this morning that the bank’s CEO released a memo to employees in which he assured the “troops” that everything was fine. Most people do not remember this but I’ve been cursed with a great memory for certain details. Jimmy Kayne, the CEO of Bear Stearns, when Bear blew up gave the same type of pep talk to Bear employees shortly before Bear was flushed down the toilet. "

Now I seem to recall, us Canadians were spared the worst of 2008 because our banks were more closely tied to the European Banks than to the American Banks...

Have you been noticing that the intervals between these disasters is getting shorter each time?..

So, this is where you want to keep your eyes focused at the moment...incase you have to do that last minute race to the bank to pull out some savings.
Last edited by cernunnos5 on Thu Feb 11, 2016 9:38 pm, edited 1 time in total.
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Re: Part 2- 2008 Again...ALERT...I Guess?...

Postby cernunnos5 » Thu Feb 11, 2016 9:34 pm

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Denob
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Re: Part 2- 2008 Again...ALERT...Um...I Guess?...

Postby Denob » Thu Feb 11, 2016 9:44 pm

We don't keep much in the banks anyways, just operating cash for day to day bills, but we did double check that a couple of weeks ago.
I can't remember what prompted me to do so, but I do remember there being something I saw that made me nervous.
Also, every, and I mean EVERY time I've seen layoffs at a place I worked at, it was preceded by an "everything is good" speech.
In my experience, when someone says "don't worry", it's time to worry.
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Re: Part 2- 2008 Again...ALERT...Um...I Guess?...

Postby cernunnos5 » Fri Feb 12, 2016 3:35 am

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Re: Part 2- 2008 Again...ALERT...Um...I Guess?...

Postby cernunnos5 » Fri Feb 19, 2016 5:33 am

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