In our previous article The Secret Truth about Russia Exposed, we elaborated on how Russia is a convenient enemy. Continue reading
In our previous article The Secret Truth about Russia Exposed, we elaborated on how Russia is a convenient enemy. Continue reading
by globalintelhub, 2016 (by Joe Gelet) http://www.zerohedge.com/news/2016-10-20/seen-zero-hedge-fix-wag-dog As we explain in Splitting Pennies, the world isn’t as it is presented to us in textbooks, and on television. But as is […]
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It seems the lies about Russia will be never ending. As we explain in our book Splitting Pennies, the world. Continue reading
When corrupt Chinese oligarchs and politicians are unable to transfer millions in illegally obtained funds. Continue reading
The human body begins adapting to high-elevation environments as quickly as overnight, and these biological. Continue reading
You asked for it, we delivered. EES has released the Penny Splitter strategy, as featured in our best selling book Splitting Pennies - for the Meta Trader 5 platform. Check it out here in the MQL5.com marketplace.Penny Splitter (PS) is a st...
Joe Gelet, author of Splitting Pennies, was interviewed on Destiny Survival podcast, by John Wesley Smith. Checkout what he had to say about the interview, at his site www.destinysurvival.com: Joe […]
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Joe Gelet, author of Splitting Pennies, was interviewed on Destiny Survival podcast, by John Wesley Smith. Checkout what he had to say about the interview, at his site www.destinysurvival.com:
You can listen to the podcast on YouTube by clicking here, or press play below:
Joe and I had no trouble filling the time allotted to us for DestinySurvival Radio. He’s quite knowledgeable and explains things thoroughly.
When I asked him to define Forex, it might sound at first like he’s going down a rabbit trail. But he’s not. Listen carefully to what he says about the U.S. dollar and foreign exchange money markets, and it will make sense. Throughout his book he layers on finer points describing Forex.
Here’s how massive Forex is.
Forex is the driver of the global economy. It supercedes nation states, politics, even religion. It’s not governed by law, but by trading principles.
Our Federal Reserve plays a large role in Forex, as do other central banks.
In the book he asserts it’s irrelevant as to who owns the Federal Reserve.Things are what they are. We owe it to ourselves to know a little something about how the system works.
It’s startling to think our Federal Reserve can create money from nothing, and we accept it as such. Yet this plays a significant role in inflation, which affects all of us. Joe and I talked about this and explored what it means to have a fiat money system.
Even though the Fed can create money from nothing, it wouldn’t be wise to print ourselves out of debt. Nor would it be a good idea to go into default.
But about that ever present fiat money…
This may sound shocking to some, but Joe asserts in his book that the U.S. dollar isn’t backed by gold but by bombs. You won’t want to miss what he has to say about this during our conversation. If you’ve paid attention to the news for the past 10-15 years, you’ll observe he’s not saying anything we don’t already know.
To me all of this is terrifying. We’re living in a world whose system is based on feathers and fairy tales.
Does that mean the many dire predictions about a sudden economic crash are sure to come to pass?
Not as Joe sees it. Or at least not in the way most sensationalists would have us believe. That’s because there’s no good alternative to the dollar.
What does Joe mean when he says banks can’t do without the economy, but the economy can do without banks? We discussed that. And I think it bodes well for us, should we end up in the midst of the proverbial postapocalyptic scenario one day.
And what about Bitcoin and other alternate currencies? They’ve been touted as revolutionary and independent of the big banking system. But are they? Listen to Joe’s comments and draw your own conclusions.
If you make financial investments, Joe offers what seems to me to be a reasonable solution. But what if you can’t invest?
If you had $1,000 to put toward getting prepared, what should you do? I think you’ll be surprised by Joe’s advice. (Hint: It’s a practical position I have taken for quite some time.)
Joe’s goal is to help you and me be better prepared financially. Thus, his book. You may also want to see SplittingPennies.com.
There's still a large percentage of the American population that doesn't understand money. That's why we released our book,Splitting Pennies - to explain how the financial system works. FX continues to remain a mystery to voters, although i...
The war on intelligence is in full swing. It's game time. They've been planning this for years. As we explain in Splitting Pennies, the world isn't as it seems, in fact - the world is a great big illusion to many.In case you're not fo...
by globalintelhub, 2016 http://www.zerohedge.com/news/2016-10-13/fed-policy-most-significant-trump-card-markets-remains-unknown While markets wait for the election, getting closer by the day- one big question – in fact maybe the most important question – What is Trump’s […]
The post Fed Policy – The most significant TRUMP card for the markets remains unknown appeared first on Forex IQ.
Ralph Nader and leading linguist Noam Chomsky engaged in a much anticipated discussion in early October on Ralph Nader Radio Hour. The two raised questions about changing the media narrative in a totalitatian-like state, and how Chomsky got dismissed from the mainstream altogether.“How often have you been on the Op-Ed pages of the New York Times,” Nader asked Chomsky.For Chomsky, the last time was over a decade ago.“[I was asked] to write about the Israeli separation wall, actually an annexation wall that runs through the West Bank and breaking apart the Palestinian communities… condemned as illegal by the World Court,” Chomsky told Nader.Chomsky would later pen a similar piece for CNN on the 2013 Israeli-Palestinian peace talks. But Chomsky has never been interviewed on the network; Nor has he appeared on NBC, ABC or CBS.“How about NPR and PBS, partially taxpayer-supported.. more free-thinking and more tolerant [outlets]?” Nader wanted to know.“I’ve been on ‘Charlie Rose’ two or three times,” Chomsky told Nader, adding that he had a curious story about a particularly Boston outlet for NPR based in Boston University.“They used to have a program in their prime time news programs all things considered some years ago at 5:25… maybe once a week or so, a five-minute discussion with someone who had written a new book and there’s a lot of pressure,” Chomsky began.NPR was going to allow Chomsky to present his book, “Necessary Illusions: Thought Control in Democratic Societies” (1989).“I got a call from the publisher telling me when I should tune [in at 5pm] and I never listened [before], so I tuned in [and] there was five minutes of music… I started getting phone calls from around the country asking ‘What happened to the piece?'” Chomsky remembered.He didn’t know.“I then got a call from the station manager in Washington who told me that she’d been getting calls and she didn’t understand it because it was listed… she called back saying kind of embarrassed … that some bigwig in the system had heard the announcement at five o’clock and had ordered it cancelled,” Chomsky explained.
The irony of Chomsky’s media criticism being dismissed by the media is not lost on the former MIT professor, who remains constantly awed by America’s level of censorship.“Any one of the former Bush-Cheney warmongers like Paul Wolfowitz and John Bolton and others have gotten far more press after they’ve left federal positions; in the New York Times The Wall Street Journal the Washington Post,” Nader said.And unlike Chomsky, “They’ve been on television public television, NPR and they have a record of false statements; they have record of deception, they have record of pursuing policies are illegal under our Constitution under international law and under federal statutes such as criminal invasion of Iraq and other adventures around the world,” Nader pointed out.But the media problem permeates thouroughly throughout other industries, like education and government.“Now a society that operates in a way where propaganda is not only emanating from the major media but it gets into our schools, the kind of courses are taught, the content of the history, is a society that’s not going to be mobilized for its own survival, much less the survival of other countries whose dictators we have for decades supported to oppress their people,” explained Nader.
Republican presidential nominee Donald Trump on Monday accused the Federal Reserve of keeping interest rates low for political reasons, the latest in a string of often contradictory critiques of the nation’s central bank.The Fed vehemently defends the setting of its influential interest rate as independent of political considerations — a principle that is considered fundamental not only to the Fed but for central banks around the world. Yet speaking on CNBC, Trump said Fed Chair Janet L. Yellen should be “ashamed” of keeping interest rates so low for so long. “She’s obviously political and doing what Obama wants her to do, and I know that’s not supposed to be the way it is,” Trump said.
The latest such comment came Monday, when Trump responded to a question from a reporter about the potential for a Federal Reserve interest rate hike this year. “They’re keeping the rates down so that everything else doesn’t go down,” Trump said, according to reports. “We have a very false economy.” “At some point the rates are going to have to change,” Trump added. “The only thing that is strong is the artificial stock market.”
by globalintelhub, 2016 (by Joe Gelet) http://www.zerohedge.com/news/2016-10-11/illegal-clinton-victory-can-mean-usa-balkanization-or-revolution How quickly we are sliding down the rabbit hole! As we explain in Splitting Pennies – Understanding Forex – Forex is the means […]
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by globalintelhub, 2016 http://www.zerohedge.com/news/2016-10-10/bill-clinton-not-responsible-economic-boom-90s After listening to ridiculous comments as expected from a Clinton, that are offensive on multiple levels, we need to set the record straight about one of […]
The post Bill Clinton is not responsible for the economic boom of the 90s appeared first on Forex IQ.
by globalintelhub, 2016 http://www.zerohedge.com/news/2016-10-08/hitlers-new-world-order-alive-markets-fx-history-lesson-28 As explained in our groundbreaking best-seller Splitting Pennies – the world isn’t as it seems; in fact, the world is a lot simpler and less complex […]
The post Hitler’s New World Order alive in the markets – FX History Lesson 28 appeared first on Forex IQ.
by globalintelhub, 2016 http://www.zerohedge.com/news/2016-10-04/alert-markets-implode-only-fx-will-be-left Warning to investors – traditional markets are flawed. In one of many hypothetical futures, not so far in the future, FX may be the only game […]
Some of the biggest electronic traders are complaining that a new test in the U.S. stock market will compromise their top-secret strategies, one of their most valuable assets. Citadel Securities and KCG Holdings Inc. are among a chorus of brokers questioning elements of a U.S. Securities and Exchange Commission experiment, which began Monday, designed to whip up more trading in small companies. Their complaint is that the test will force firms to publicly expose detailed trading data with only the thinnest veil of anonymity, allowing competitors to reverse engineer how their prized trading algorithms work. For high-speed trading firms, complex computer code is the secret weapon for profiting from the market. Some brokers say they fear that in their test, regulators won’t sufficiently mask their publicly reported trading data. “It’s going to take someone exactly three seconds to figure out who’s who,” said Jamil Nazarali, head of execution services at Citadel Securities, which is the market-making arm of billionaire Ken Griffin’s Citadel LLC. Trading firms will “likely change their behavior to protect their intellectual property,” making the test’s results less meaningful, he added.
Almost every weekday between the fall of 2011 and early 2015, a Russian broker named Igor Volkov called the equities desk of Deutsche Bank’s Moscow headquarters. Volkov would speak to a sales trader—often, a young woman named Dina Maksutova—and ask her to place two trades simultaneously. In one, he would use Russian rubles to buy a blue-chip Russian stock, such as Lukoil, for a Russian company that he represented. Usually, the order was for about ten million dollars’ worth of the stock. In the second trade, Volkov—acting on behalf of a different company, which typically was registered in an offshore territory, such as the British Virgin Islands—would sell the same Russian stock, in the same quantity, in London, in exchange for dollars, pounds, or euros. Both the Russian company and the offshore company had the same owner. Deutsche Bank was helping the client to buy and sell to himself...Although the bank’s headquarters remained in Germany, power migrated from conservative Frankfurt to London, the investment-banking hub where the most lavish profits were generated. The assimilation of different banking cultures was not always successful. In the nineties, when hundreds of Americans went to work for Deutsche Bank in London, German managers had to place a sign in the entrance hall spelling out “Deutsche” phonetically, because many Americans called their employer “Douche Bank.”
There are a lot more apartments available for purchase these days in Manhattan. And fewer people are buying. Sales of previously owned condominiums and co-ops fell 20 percent in the third quarter from a year earlier as potential buyers grew cautious amid more choices, according to a report Tuesday from appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. There were 5,290 resale apartments on the market at the end of September, 53 percent more than the number available in late 2013, the lowest point for listings.The swelling inventory is providing an opportunity to New Yorkers shut out of a market in which construction has been dominated by ultra-luxury condos aimed at the wealthiest buyers. Resales, particularly those priced at less than $1 million, were in chronically short supply in recent years, and those that made it to the market sparked bidding wars. Now, more owners are listing apartments to profit from climbing values, and they’re finding lots of company. “Rapidly rising prices over the years have pulled more sellers into the market hoping to cash out,” Jonathan Miller, president of Miller Samuel, said in an interview. “But buyers are more wary. There isn’t the same intensity of activity to burn through the new supply.”
In fact, this has been the year investors wanted to do anything but try to pick stocks. Active fund managers had their worst first half ever, with fewer than one in five beating a basic market benchmark, according to data from Bank of America Merrill Lynch that go back to 2003.Stock pickers were done in by two major factors: following the crowd and an uneven pattern of correlations among stocks. The 10 most-crowded stocks lagged the 10 least-owned by a whopping 18 percentage points, which BofAML called "an atypically high spread."
by globalintelhub, 2016 http://www.zerohedge.com/news/2016-10-02/alert-us-real-estate-crash-imminent It isn’t often such a clear market signal is painted such as the impending real estate market collapse. It doesn’t take sophistocated algorithms or an MBA […]
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