A Reduced 90 Minute Version of the Solution Conference
We have reduced the Solution Conference to a 90 minute version for the general public. This is a review of what we can do to begin the reform, along with what it must take into consideration to save our future from the disaster created by government defaults, and their hunt for taxes everywhere.
International Delivery
Special Showing of “The Forecaster” in Cherry Hill, NJ on August 1, 2015 at 5PM
We will be holding a special one-time event for our clients (meaning all interested readers). This is not a general public event, so we are not advertising outside of this blog. We will be showing “The Forecaster” on Saturday, August 1, 2015, with a question and answer session afterwards in Cherry Hill, NJ. The time will be 5 PM. This is a one-time event. The producers are flying in from Germany as well.
Obviously, seating is limited. Tickets will be sold on a first come, first served basis. Tickets are set at normal theater prices of just $15 each.
Please allow up to five business days for your purchase to process. At that time, we will e-mail your ticket(s) to the e-mail address associated with your PayPal account. We do not have the ability to send confirmation e-mails, so please take the e-mail you receive from PayPal as confirmation that we have received and are processing your payment.
Tickets will NOT be sold at the theater. They must be purchased in advance.
Market Talk – July 20, 2015
No matter whom we spoke to today, the focus of the conversation has been on gold’s spectacular fall. There are many rumors floating around from China off-loading because wrong storage figures were released, to a large spec investor who sold 6 tonnes and has taken a huge loss on a leveraged trade! Whatever the excuse, we woke up this morning to a $24 drop from Friday’s close to discover that the low had been a $44 drop from Friday’s close. Dealers are all asking, “Which market will be next?” If they were not already running small books betting on whose next, they certainly will be this evening!
Most FX pairs were relatively well behaved but the TRY (Turkish Lira) did lose 1.7% in favor of the USD!
Oil continues to drift lower on talks of increased supply and lack of consumer demand. Currently trading $56.60 is down 1% on the day.
Greece is no longer indebted to the IMF after repaying almost $2Bn back today. Rumors also circulated that the ECB’s €4Bn was also reimbursed. Greek bonds gained around 3.4-4% on the day in a spat of delusional optimism.
The euro traded heavy all day, even after Friday’s decline (particularly against Sterling) a bounce failed to materialize. The market talk between dealers is that the euro’s slide is far from over!
Germany Replacing Bank Cards and Eliminating Cash Withdrawals
The game is afoot to eliminate CASH. According to reliable sources, Maestro is seriously under attack. In Germany, Maestro was a multi-national debit card service owned by MasterCard and founded in 1992. Maestro cards obtained from associate banks and can be linked to the cardholder’s current account, or they can be used as prepaid cards. Already we see the cancellation of such cards and the issuing of new debit cards. Why? The new cards cannot be used at an ATM outside of Germany to obtain cash. Any attempt to get cash can only be an advance on a credit card.
Little by little, these people are destroying everything that held the world economy together. Their hunt for spare change for tax purposes is undermining every aspect of civilization. This will NEVER END NICELY for they can only think about their immediate needs with no comprehension of the future they are creating. Indeed, somebody better pray for us, for those in charge truly do not know what they are doing.
We seriously need to hit the Ctrl-Alt-Delete button on government. This is total insanity and we are losing absolutely everything that makes society function.
Once they eliminate CASH, they will have total control over who can buy or sell anything.
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