Subprime isn’t the only problem created by the mortgage lenders. There is also COLATERAL FRAUD, which may be magnifying the problem as much as ten fold. Go here and scroll to Part VIII:
In addition there is massive CURRENCY INTERVENTION by the U.S. government, which so far has kept the American dollar from falling to the depths it should have by now (ibid, Part IX).
How much is the dollar really worth? Remember the gold standard? Well, I expect that you will be as surprised as I was to learn that it is now VIRTUALLY IMPOSSIBLE TO BUY PHYSICAL GOLD. There is very little available in the market place. Law of supply and demand? The price of gold should be going up, right? Wrong! The price of gold (and gold mining stocks) has been going down, down, down.
How do they drive down the price of gold when the supply is zero? Answer: by NAKED SHORT SELLING (“naked” means that the seller hasn’t even borrowed what he is selling). Here is the “smoking gun” proof:
What’s more, naked short selling of targeted small companies continues to be extensively practiced at the “retail” level by the mafias and others IN COLLABORATION WITH THE FINANCIAL NEWS MEDIA. Read all about it here:
When you get to the Deep Capture site, I recommend that you first click “Deep Capture: The Explanation” (second button on the right) and then read Chapters 4 and 7 in that order. They’re not very long. Then, if you are interested enough in the real-life history of massive sales of never-delivered PHANTOM STOCKS and the media complicity/cover up thereof, click the first button “Deep Capture: The Story.” (Warning: This one IS long, although it’s a great read in the style of Tom Clancy but strictly non-fiction).
Finally, lurking at the bottom of the toxic waste dump that has become our economy are the CREDIT DEFAULT SWAPS (CDSs), which are currently estimated to be about $45 TRILLION (more than half of the asset base of the entire global banking system!). However, when one takes into account the TRADING of these CDSs, their notional value balloons to something like half a $QUADRILLION!!!:
There is not near enough money in the world to bail out the assholes who created this mess. And why would anyone want to?
Be assured that the criminals responsible for this mess have their plans to profit from the mother of all crashes ...in the same manner as they presently profit from their manipulations on a daily basis. I recently discovered the following link, which tells you how the insider specialists do it:
If you understand their system and mimic what they do, you too will will have a chance to make money in the market. But just be ready to bailout on short notice before the crash arrives ...or better still put yourself into crash-proof equities like the Canadian oil funds (for example, on the NYSE: PWE or PGH or OTC: NOIGF or PMGYF). But if you should take this advice, be prepared to see your fine investments manipulated all the way to the last second...