24 Experts Warn Of Meltdown 2010 : Martial Law : Economic Collapse

the only analyst-futurist i read regularly is 'The International Forecaster', Mr Bob Chapman...

many of the others are perhaps referenced in other lists of commentary at a host of financial topic sites... but i do not follow their articles or essays with any regularity.

Germany seems to be alone in the regulation changes department, at least for now the rest of the players in the world markets are still addicted to the Anglo-American Casino tpye of markets with the naked-shorts and other russian-roulette kinds of debt/risk instruments.
Perhaps the Casino Market model will implode on itself, buried in Trillion$ of debt that selective parties refuse to pay, which will cause a stampede out of the rigged markets ??? who knows

i can appreciate the body of '24' viewpoints
the number symbolizes the 24 hours in time zones around the world.
just as the '24 elders' symbolizes complete wisdom of all points of view.
star for the pacxkage presented on several 'levels'

reply to post by wayno


I concur - rock bottom is the only way to turn this ship around. Corporations have stifled human ingenuity and creativity by attempting to own and control it and profit from it. "Capitalism" is built upon the ability to generate capital. Only human labor creates capital as it is the ONLY true capital in and of itself. Return it to its rightful owners and mankind will again advance.

I don't think "THEY" are crashing the system. I think we are!

I think the people are finally going to opt out of the Global Power Regime. It will be a hard pill to swallow, but it is for the greater good!

If the people opt out of the crooked system and let it fail, we can build a new one.

Originally posted by getreadyalready
I don't think "THEY" are crashing the system. I think we are!

I think the people are finally going to opt out of the Global Power Regime. It will be a hard pill to swallow, but it is for the greater good!

If the people opt out of the crooked system and let it fail, we can build a new one.

They say that’s what the founding fathers intended. We will fall back on our founding principles when we rebuild from our collapse.

skunknuts
And when it doesn't, lets try to remember this thread for those that get caught up in this type of anxiety addiction and are tempted to get drawn into the next slew of similar rantings from the world's modern oracles.

This isn't a PANIC to buy gold thread at all... If you want to, you probably already have.

Personally, I like small silver tokens of all kinds (we found a small sterling silver cup in storage recently, very nice item.) They are collectible & tradable and/or easy to sell no matter what.

I don't have any anxiety about markets crashing.

Here's my main motivation: I've been looking for some clearer explanation of what a big crash means... Like, details man, details.

Everyone can say *Crash* but it needs to be broken down for me, as some of these experts have done.

Some of those predictions that are in the email I received give ME a better idea what is meant specifically.

So, I'm sharing with others that feel the need for a condensed, clearer image of what the financial experts are claiming could happen.

No fear; exercise your mind for greater strength. Take it all in, mull it over, discard the ridiculous, be prepared for the worst & hope for the best.

IntelRetard
I think all the predictions are correct if the system was not being manipulated on all levels. Many have come true but in pieces here and there.

Exactly.

And, there isn't any one person living that can accurately & consistently predict the future. Take them all in bits.

I would speculate that Gerald Celente, in particular, has been obsessed with the future most of his life.

An expert at consuming the larger picture; mulling it over and forming a result based on patterns. All to satisfy himself before anyone else. Nostradomus...? Time will tell.

Predictions are educated guesses from experts.

Wouldn't everyone want an expert performing their brain surgery if that were necessary?

kozmo

yump

And the heroin analogy is a very good description.

St Udio

Thanks.

liveandletlive

When taking into account the 'patriot movement' and all of the groups representing a whole; It looks promising, I still believe there will be much fear when the rebirth happens.

I've never bought into the idea that the collpase was a planned or orchestrated thing. In my opnion, what we are seeing is the inevitable mathematical consequences of the policies and economic behavior that has been allowed to proceed in the dirction in which it has. Celente touches on this when he compares the banksters/wall street types as addicts.

Think of it this way. A guy is working as a cashier in a grocery store. He catches wind of the fact that the bookeeper isn't really staying on top of things so he decided to pocket $10. He doesn't get caught. Several days later he does it again and slowly begins to do itr every few days. He doesn't get caught. Then he slowly ups the ante $20, $50...

His fellow cashiers begin to notice that his lifestyle is incrementally better than theirs. They press 'our boy' on how he seems to be doing so well. He shares his scheme wit a couple close cashier friends. They, too, start doing it. Infrequently and for small amounts at first but greed casues them to push the envelope. Soon most of the cashiers are dipping neqrly every day.

The end of the year comes and the business is significantly short. The asleep-at-the-switch bookeeper (who has spent most of his time watching porn at work) has fudged the books to keep from getting fired (not really knowing why they are so off). The store owner is forced to borrow alot of money to cover his losses. The scenario continues until finally someone gets just a little too greedy. But by then it's too late. The business is ruined and closes. The cashiers meanwhile simply move on.

My sincere belief is that this problem is directly related to out-of-control greed. Because the elites that are directly responsible have connections closely woven through government over the years they are able to stave-off any kind of oversight.

In the words of Nevada Slim, 'You can shear a sheep over and over but you can only skin him once'.

Originally posted by skunknuts

Originally posted by guessing
Thanks for your work on this. It is clear from all the other things combined that the next 2 months are going to be a VERY LARGE SLAP, for the ignorant who continue to have their heads in the sand.

For those who have prepared, double your inventory.

And when it doesn't, lets try to remember this thread for those that get caught up in this type of anxiety addiction and are tempted to get drawn into the next slew of similar rantings from the world's modern oracles.

I mean really, isn't this just an add to buy precious metals (which themselves could actually lose 25% value near term IMO)??

Best,
SN

I actually think you are somewhat correct lol.

That it is a coordinated effort to sell precious metals.

Which are way overvalued currently. And probably will balance back out at like -25% of current values.

I am totally with you on that one.

If I had precious metals, I would sell now. Dump it while it's hot lol.

Edit to add some more substance to the post.

Here is some interesting information about gold mining, and so called "peak gold".

en.wikipedia.org...

Peak gold is the point in time when the maximum rate of global gold extraction is reached, after which the rate of production enters terminal decline. The term 'peak' refers to the Hubbert peak of a resource. Unlike resources such as petroleum, which are destroyed in use, gold can be reused and recycled. Thus peak gold and peak oil cannot be compared directly.

World gold demand (defined in terms of total consumption excluding central banks) in 2007 was 3,519 tonnes

The supply of gold is provided by mining, official sales (typically gold by central banks), de-hedging and old gold scraps and total world supply in 2007 was 3,497 tonnes.

How convenient that gold supply would barely less than total demand, just enough to cause the price to rise. The new craze of buying precious metals that so many people are promoting is actually driving demand up even more, so price continues to escalate due to demand being higher than supply.

However, trouble looms ahead.

In 2006, with gold at $650 per ounce, Roland Watson claimed that gold production had peaked in 2001 due to falling exploration in the 1990s, when gold prices were low. He predicted that higher prices and new technologies would boost gold production to higher levels in the future.[6]

seekingalpha.com...


And I tend to agree, higher prices will drive more exploration to catch up with demand. Which would cause prices to stabilize somewhere below the currently exaggerated levels.

Investors may not catch on for awhile though, and we could see price rises in the short term while in the longer term it will certainly become cheaper.

In the distant future there are many factors that would make metals cheaper and more easily obtainable; such as robotics, advanced mining techniques, new exploration, and even mining nearby asteroids or planets.

[edit on 20-5-2010 by muzzleflash]

Ameritrade is down right now? I just got off the phone with them and they told me they are in "red alert right now." They don't know why they are down, and the guy I spoke with said he has never seen this happen before!

The DOW is going down, down, down.

The internet is working slow today, and my computers at work have gone down several times as well?

Where is ATS on this thing? Are we missing something?

Cash, gold, silver ehh what a waste, they are only as powerful as the next guy says they are.
Invest in real property coffee, food, tobacco, medical supplies ya know the kind of things that are valuable at ANY time. And you might pick up a couple of long guns to protect them too.

i live in germany and ive NEVER heard of people not accepting notes from italy etc..as chapman says...NEVER...

Originally posted by Kaytagg
Why?

Why would they collapse the system? What is the point?

Order out of chaos. Chaos comes first. Then they will try to impose their order while everyone is too hungry, scared, and shell-shocked to understand what is happening.

[edit on 20-5-2010 by wanderingwaldo]

The DJI is at -350.00 right now....this might be an eventful day if late trading trends like this.

reply to post by wanderingwaldo


Money is created by issuance of debt. The current system was never designed to go on ad infinitum. It was built to collapse eventually. Read Modern Money Mechanics.

reply to post by fflubot


Being that it is a ponzi scheme, there is no logical way that it could continue. The system is designed to be exponential. AT some point, debt exceeds any nation's ability to service it. We are there. Check. Checkmate!

It's going to be interesting to see how the banksters handle this.

On a brighter note, the Dow is plummeting and it appears that there are rumours of bank runs in Europe!

well if all this is true it would match up rather nicely with timewave zero clock for the end of the year I suppose.

I think if the markets do collapse it will be a controlled demolition.

It would be a perfect time for the powers that be to introduce a one world currency (paperless).

A way of getting everyone's finances into a credit system so they can further their plans for world control.

Remember order from chaos is their motto.

Create chaos in the market and step in with the order...

Its just a shame the that the grass will most certainly not be greener on the other side.

Regarding Gold and Silver...i honestly dont think you can go wrong investing in this.

If things fall apart at the seems for the powers that be then people will no longer have faith in money.
Things will go back to the old school ways of bartering with precious metals.

Personally i think wether or not it is needed (the collapse) one thing is sure it has all been pre planed. Dont ever get it twisted.

2012 is gearing up to be a very interesting year. If we make it that far!

Originally posted by Vicious Jones
well if all this is true it would match up rather nicely with timewave zero clock for the end of the year I suppose.

Timewave Zero?

1 in a million ain't bad - sometimes it has to be at least as good as guessing

I'm looking forward to the New World Order, It seems better than the old world order. The world ,as of now is a big mess. A global currency would be a good thing, guns off the streets, being able to go anywhere in the world without terrorist attacking you would be a good thing, no more poverty and hunger, health care for everyone , more job opportunity overseas.....the change is coming and It's not all doom and gloom as you would think. The people that will suffer are those who fight the N.W.O.......Oh, by the way ,we should make Mexico part of the United States this would help the Mexican people have more opportunity of living the American dream and it would help Americans to open up more business opportunity in Mexico......We should welcome the North American union

wats wrong in north-america's airspace... 10 incidends today..!!!!!!

hisz.rsoe.hu...



[edit on 20-5-2010 by ressiv]

Originally posted by wayno
..........
We hate the current system; yet we fear its demise. We shouldn't. It has to to be torn apart. The banksters need to go down so the rest of us can begin to have a life.

People like you still don't realize that the banksters and elites are behind these created cirsis... They want this to happen so they can milk people for more money with more taxes through their One World Socialist Government as well as to have more controls over people...

Apart from the rich elites very few individuals will benefit from this collapse. What comes after the collapse will be the One World Socialist Government that these rich elites have been talking about for decades wanting to implement...