posted on Oct, 15 2011 @ 08:51 PM
My purpose here is to share the news and information I've read while trying to hold back as much speculation and predictions as I can.
On October 15th, French Finance Minister Francois Baron, speaking on behalf of the G20, gave the EU eight days to solve the European debt crises. The
EU meets on October 23rd, when they will hopefully agree on what decisive measures to be taken to tackle the Eurozone debt crisis. People may have
differing views on bailing out banks, but something needs to be in Europe. That is not why I'm posting this.
A while back I read about a guy named Reinhardt who may or may not have accurately predicted a major stock market loss in September 2008. He went on
to predict another collapse on October 24th, 2011, coincidentally the day after the EU summit determines the fate of the numerous economies.
There was a lot of hesitancy to believe Reinhardt and his predictions. However, I wasn't interested about whether or not he was right, but rather the
methods he used to determine them. He argued that Legatus, a Vatican organization, has essentially used Put Options in the market to finance the
Vatican. Reinhardt supported this by showing a correlation between their annual meetings and stock market collapses (Sept 08).
Well, Legatus is in the middle of it's two part "Annual Pilgrimage" right now. The first, in Britian, ended today. The same day that the G20 meeting
ended. They are now meeting in Rome for the second segment. That segment ends October 23rd, the same day as the EU summit.
I want to here your thoughts on this. Do you think there is a correlation between the G20 and Legatus? A coincidence? Let the discussion begin. And
please, I want this to be as informative as possible. If you don't believe Reinhardt, I'd love to hear why.
Reuters Article on G20
BBC Article on G20
Legatus Site and Calendar
Reinhardt Prediction ATS Thread
Reinhardt Prediction on Google
Financeedit on 15-10-2011 by yamother44 because: (no reason given)