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Robert Holmes …There will shortly come a time when Wall Street will collapse. No longer shored up by public confidence, it will swagger under the weight of national debt. On a day of frenzied trading, it shall tumble the nation into turmoil and depression. The attention of the creditor nations will be drawn to America. I saw a time of conferences and meetings, international concern and intervention by prominent international organizations in domestic economics and affairs. For the first time in US history, international organizations will intervene in domestic affairs. I saw international troops on US soil. A national economic crises, and localized crises will be announced, and utilizing certain powers, the US President will call FEMA (Federal Emergency Management Agency) into action. You will see Black Helicopters on television and this will be a sign. When she (America) is weakest, a set of disasters will befall the nation.
Harold Eatmon ...I saw the Stock Market soar and then crash. After the [first] crash, many big business corporations and private parties bought up stocks because of the low cost to buy in. Then I saw the market begin to climb again in a short period of time. Then it crashed again bringing tremendous loss, ruin, and devastation to all who bought in the first time. This is what I have labeled "Two Black Mondays." The time period between the Two Black Mondays was very close together. I could not tell exactly how close. It could be a couple of days to a couple of months. There are some tell-tale signs indicating the season and the setting. *I saw the season to be when 'the leaves fall to the ground' then the first crash would occur.* I also saw the Yen fall dramatically just before this sudden and inexplicable crash.
Originally posted by zenlover28
Gold prices are falling. I wouldn't be to quick just yet to join the gold rush.
Despite pressure from the rallying dollar, gold closed higher Friday and analysts remained bullish about the long-term prospects of the yellow metal as a hedge against inflation and global political instability. Gold futures for August delivery closed $2.60 at $588.0 an ounce on the New York Mercantile Exchange, an increase of 1.1% for the week. Other metals prices were mixed. Silver added 7.5 cents to $10.285 an ounce and copper was up 10.5 cents at $3.2405. Platinum dropped $9.2 at $1,166.9 an ounce and palladium was down $4.10 at $309.80 an ounce.
Originally posted by zenlover28
Up 1.1% this week from a 16% drop since May, eh? Yeah, they're falling allright. Gold was at a 26 year high and has began dropping steadily since May. Do extensive research on it...not just one weeks worth.
analysts remained bullish about the long-term prospects of the yellow metal as a hedge against inflation and global political instability.
Originally posted by Street Scholar
Would I be asking too much if I wanted the link for your external source? Cause I do...
Thanks.
Originally posted by Street Scholar
Would I be asking too much if I wanted the link for your external source? Cause I do...
Originally posted by bluesjunior
Being British and not American I am not 100% on this but recall reading an article in a magazine some years back which explained that due to some law or other being passed money would become worthless.