Gerald Celente: A Coverup, Not a Recovery

[BKN]

www.youtube.com/watch?v=lWDd9giPzrM

[glowplug]

Excellent post BKN. Would be worthy of the DOOOOOOOOOOOM Thread. We may have to put some readers on suicide watch.

Glowplug

[Hobbyfarmer]

Market Pulse Archives

Aug. 2, 2011, 8:43 a.m. EDT


By Kate Gibson
DJ1U SPX ND1U NEW YORK (MarketWatch) -- U.S. stock futures maintained steep losses on Tuesday after the government said consumer spending fell 0.2% in June, the first decline in almost two years. Futures for the Dow Jones Industrial Average /quotes/zigman/1785993 DJ1U -0.87% dropped 75 points to 11,965. Futures for the Standard & Poor's 500 Index /quotes/zigman/3870025 SPX -0.41% declined 10.2 points to 1,269.5. Futures for the Nasdaq 100 /quotes/zigman/876546 ND1U -1.07% fell 15.5 points to 2,330.5.

[glowplug]

A confirmation that traders think the future is shaky is another drop in oil.

ECI and dman, be ready to ship more concrete blocks and rocks. Gonna need stuff to pound our heads on and the USS Titanic sinks.

[Hobbyfarmer]

The head line right now on Market Watch. com is..."Bulletin
Japan Nikkei Average futures down 3.9% premarket on SGX, as Asia prepares to join sell-off"

[linsal]

Looks like Barack Obama got a memorable birthday present---a Dow sell off of 512 points...

[Hobbyfarmer]

Market Pulse Archives

Aug. 4, 2011, 9:42 p.m. EDT

Hang Seng Index plummets 4.7% in early trade

By V. Phani Kumar HONG KONG (MarketWatch) -- Hong Kong shares opened Friday's trading to a sea of losses after stocks on Wall Street plummeted overnight, with ports operator Cosco Pacific Ltd. taking a double-digit percentage loss as all constituents of the Hang Seng Index tumbled. The benchmark index plunged 4.7% to 20,856.02, while the Hang Seng China Enterprises Index -- comprised of several large-cap mainland Chinese enterprises -- crumbled 4.8% to 11,324.74 as deeper worries about the global economy led investors to dump stocks. China's Shanghai Composite Index 2.04% was among the region's best performers, losing just -2.3% to 2,622.51 while regional indexes suffered even bigger losses.

[Hobbyfarmer]

I believe the cover up is leaking out around the edges... How about these headlines from this mornings Market Watch?

Nonfarm payrolls report in spotlight
Global stocks nosedive MARKET SELLOFF — THE AFTERMATH


Talk of double-dip: Streets of San Francisco speak
MarketWatch takes to the streets of San Francisco to get the public's reaction after the Dow falls 512 points, and to see whether people believe the dreaded double-dip is on the way and how they're protecting assets. Austen Sherman reports.
(San Francisco is not on my long list of places I would go to get a realistic view of most anything)

• Stocks plunge — What's that all about?

Asia analysts: It's a panic
Despite current market volatility, some Asian market watchers say stocks remain attractive.
• Asia Today: Down go the markets
• Japanese yen recoups some lost ground Market rout continues across Europe and Asia,
with Wall Street also looking at more losses Friday.
• RBS plummets | Procter & Gamble, Viacom
• Gold futures on the move up | Crude oil drop 2%
• Asia stocks plunge | Europe stocks in tailspin

[looter]

Why Economic Martial Law is inevitable on a Permanent Basis in America

In his latest quarterly Trends Journal (Summer 2011), Gerald Celente provides us another "history of the future," in which he discusses global economic, monetary, and political events as they happen and what their consequences will be for months, years and decades to come.

As he has said before, it is only a matter of time before a major terror attack is executed in a major Western nation. And once it happens it will send shock waves throughout the world, leading to mass global panic and a further tightening of the noose around the necks of the populace: What will another major terror strike mean? Should an attack hit one of the major NATO nations, the effects, this time, will go global. Bank holidays will be called, the US and other fragile economies will crumble, gold and silver will soar, and already-troubled currencies will crash.

Economic martial law will be declared. Introduced as a temporary measure, once in place it will remain in place (like the curfews and draconian security precautions installed by despots and dictators everywhere). Civil rights will be suspended and, particularly in America, Homeland Security, already intolerably intrusive, will achieve an Orwellian omnipresence. With banks closed and economic martial law inplace, restrictions will be set on the amounts, times and frequency of withdrawals. As we have cautioned before, it will be essential to have a stash of cash on hand. Even though governments will devalue their currencies, it will happen in stages.

Speaking only for ourselves, we at The Trends Research Institute will not be storing precious metals in bank safe deposit boxes. Since "terrorism" is now a term we can use to describe just about any action deemed a threat to the public and government infrastructure, the possibilities for what the next "terror attack" will look like are endless. It can come in the form of suicide bombers at your local shopping mall, a cyber attack on financial markets launched via the internet, or any number of other potential threats that have been recently highlighted by our Department of Homeland Security. There need be only a single event that occurs at an opportune time and is pushed by the mainstream media and all hell will break loose.

Imagine, for a minute, what America would look like if nationwide curfews were implemented, civil rights were suspended (including confiscation of guns), the US dollar crashed, ATM's and credit card transactions were restricted, and food and gas purchases were limited. The Presidential executive orders are in place, Fusion Centers and FEMA detention camps are operational, and 20,000 US troops have been trained to deal specifically with economic collapse and civil unrest and are ready to be deployed immediately.

[glowplug]

That last paragraph above is right out of the obamunist radical playbook.

Glowuplug