Editor’s Note: This is one of the most important essays you’ll read all year. In this special edition of the Casey Daily Dispatch, E.B. Tucker shares an urgent warning you’re unlikely to hear anywhere else.
There’s a very important warning signal flashing in the financial market right now.
Despite the importance of this signal, few people know about it…even fewer are talking about it.
Don’t be one of the people who don’t understand the vital importance of the bond market and what it’s telling you right now.
This knowledge could help you avoid a huge hit to your net worth over the next 12-24 months. Here’s why…
Most investors focus on just one area of the investment market: Stocks. After all, stocks have a long track record of generating solid, long-term returns. Plus, the idea of owning shares in a small business that grows large - and making 500% along the way - can capture almost anyone’s attention.
But what most people don’t realize is that the bond market is far more important and far larger than the stock market. The bond market is where companies, countries, and individuals go to borrow money. For every $1 worth of stock outstanding, there’s $2 worth of bonds.
Take the U.S. for example. The total value of every traded stock is $23 trillion. That’s a huge number, but it’s around half the value of all the U.S. bonds outstanding. Between corporate bonds, treasury bonds, mortgage bonds, and other varieties, there’s $40 trillion worth of bonds outstanding in the U.S.
Stock investors share in a company’s future profits. They’re optimistic by nature.
Bond investors are pessimists. They only get a promised rate of interest. That rate is usually fixed, so the bond investor doesn’t care about the promise of big profits. While stock investors daydream about the future, bond investors study the borrowing entity’s ability to repay.
It’s this great focus that makes bonds the ultimate canary in the financial coalmine. The bond market spots trouble long before the stock market wakes up to find it’s already here.
There are two types of corporate bonds: Investment grade and junk. Investment grade bonds are issued by the most financially sound companies. Junk bonds are issued by companies with weak financial positions. They are riskier than investment grade bonds.
Sometimes, things work out and investors realize larger gains by owning junk bonds. But when the economy slows down, these companies feel the pain. They don’t always come through with repayment. This makes junk bonds very sensitive to what is happening in the economy. They often flash warning signs before other assets.
The vital thing to watch in the junk bond market is the amount of interest these bonds yield over the amount of interest risk-free government bonds yield. This is called the “spread.”
For example, if government bonds are yielding 2% annually and junk bonds are yielding 5% annually, the “spread” is said to be 3%. If the yield on junk bonds was to rise to 7%, we would say the spread over Treasuries is 5%.
The spread is vitally important to watch because it shows you what bond investors think about the future. If the spread is declining, it means bond investors aren’t worried. They aren’t asking a lot more in interest above what they could earn in government bonds.
If the spread is rising, it means bond investors are asking for more and more interest to compensate them for making riskier loans. It means they are growing more concerned about the ability of borrowers to repay them.
During good times, this spread is low. Risky investments only pay 2-3% more than U.S. Treasuries. As long as good times persist, that’s enough compensation for greater risk. During bad times, the spread expands to 5%...10%...even more than 15% occasionally.
The spread indicator flashed a major warning sign back in 2007. The spread started widening before the stock market started heading south. Something spooked junk bond investors in June of 2007. Stocks took a hit, too, but recovered. They finished 2007 higher than where they started. Meanwhile, the junk bond spread was widening all year. Bond investors knew trouble was coming.
If junk bonds are the canary in the coalmine, that bird died in late June of 2007. Investors who noticed and took action saved 50% by sitting out the market crash. Most people, even professional investors, completely ignored the signal. They continued chasing profits right off a cliff.
You can see it happen in the chart below. The blue line tracks the S&P 500. The black line measures the spread between junk bonds and U.S. Treasury bonds. Focus on the year 2007. You’ll see the black line start heading down (which means the spread was widening) while stocks finished the year just fine.
Thanks to the Federal Reserve’s massive E-Z-Credit program, the economy recovered from the 2008/2009 crisis, and junk bond values recovered with it. But since the crisis, the Fed has kept interest rates at essentially zero.
This has encouraged an incredible amount of corporate borrowing…much of it has been reckless. Money is being loaned to companies that won’t survive the next recession. Junk bond issuance was up 130% higher last year than it was in 2007.
But recent price action in the junk bond market says the party is over… and it’s time to get cautious. If you look back at the chart above, you see the junk bond market sent the exact same telling signal in December of 2014. Just like in the months leading up to the September 2008 crash, nobody seems to notice. The junk bond market is making it clear trouble is right around the corner.
It is signaling that we could be in for another economic downturn, or worse, a crash. Meanwhile, stocks are still near their highs.
Junk bond spreads are widening and junk bond prices are falling. This means the bond market is not confirming the stock market rally. Bonds are saying, “Don’t trust the stock rally.”
If you have a lot of your wealth tied up in stocks and bonds, I urge you to pay attention to this warning. The bond market is far larger and far more important than the stock market. And right now, the most sensitive part of the bond market is falling while stocks are rising.
With this in mind, consider moving to a very conservative financial position, which means holding plenty of cash and avoiding speculative stocks and junk bonds.
Make sure to own some gold as financial disaster insurance. And continue paying attention to what bonds are saying about the health of corporate America. I expect it will continue to say, “The boom times are over.”
I also urge you to watch a special video we’ve recently released. It explains other critical steps you should take immediately to protect yourself from the next financial crisis. Click here to start watching now.
Dispatch: U.S. On the Precipice of Deflation
Weakest economic recovery in seven decades gets weaker
By Elliott Wave International
Most people extrapolate present trends into the future. But yesterday's trend can look like day vs. night when tomorrow arrives.
Almost no one expected deflation when the December 2007 Elliott Wave Theorist said:
Inflation has raged, but deflation is next.
What followed was the worst financial crisis since the Great Depression and the weakest economic recovery since World War II.
The American economy remains weak. Growth is at the lowest level in more than three decades. ... Wages have been rising at the slowest pace since the 1980s. ... This is the weakest recovery since World War II ... . (U.S. News & World Report, August 23)
A co-founder of AOL and the chairman of Quicken Loans just graded the U.S. economy: They scored its performance near the bottom of the class.
Grading the U.S. economy, the rosiest scores from two billionaires on [October 23] would average about 68, equal to a D+ on a report card. (CNBC, October 23)
Deflationary pressures are increasingly evident.
U.S. consumer prices fell 0.1% in August. Producer prices have been even weaker. The nation's PPI fell 2.9% in August, and it's declined every month since December 2014.
These charts are from our new report, Deflation and the Devaluation Derby:
The graphs show several key economic measures that reflect years of broad-based distress, despite historic monetary and fiscal stimulus.
The chart above of real mean and median U.S. personal income shows another long-term reversal that is hitting most Americans in their pocketbook. While the mean measure shows, on average, that personal income peaked with the real estate boom in 2006, the median measure shows that half of all U.S. citizens are earning less money in real terms than they were in 2000. The five-wave form of the rise in mean income is further Elliott wave evidence that the decline is about to accelerate.
Our July Elliott Wave Financial Forecast said, "Deflation is just getting started." The October Financial Forecast provided a reminder of that warning and added that deflation "is already deeply entrenched in many flagship quarters of the global economy."
This article was syndicated by Elliott Wave International and was originally published under the headline Dispatch: U.S. On the Precipice of Deflation. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
Beware Directed History
Beware Directed History Toward Socialist Fascist One Word Government Dictatorship by Zionist Banksters and Their Think Tanks
By Delwyn Lounsbury - THE DEFLATION GURU
Beware! "Directed History" is how the Anglo American financial power elite world central banking families who own the Federal Reserve Bank and the other some 150 central (sovereign) banks of the world plan on shaping, steering, engineering a directed history to their dictatorial liking.
This impossibly rich consortium of 1,100 mega rich Zionist families want a one world government/new world order dictatorship and they will do anything to achieve that end - even world fascism tyranny.
The financial elite along with their military, corporate and religious enablers and cronies want a "Directed History" toward Marxism, fascist world government and a New Dark Ages feudalism with them as kings and you and I as serf and slaves. Unfortunately, they have the money to do it having had Carte' Blanche to make monopoly fiat money out of thin air for one hundred years now. These central bankers are a trans-generational criminal cabal. THINK: HITLER AND THE MAFIA JOIN TO BECOME BIG BROTHER!
The "Directing History" subterfuge is the biggest story in the whole wide world because the elite are causing a crushing deflationary Greater Depression, a possible World War Three and God forbid a New Dark Ages if we don't stop them. Details of their insidious plot is not being told because the elite own the mainstream press.
In fact, if it is in the mainstream press then it is likely a fear-based or scarcity-based smokescreen aimed at taking your freedom and liberty. You can pretty much believe the opposite of what most of the press is saying as their main goal is to foster globalist institutions like the United Nations and Bank for International Settlements etc.
The financial power elite - (the central BANKSTERS) have been orchestrating a weakening of free market capitalism for possibly the last 300 years to grind the middle class into submission and global governance by usurping their power and ripping off their money and/or the value of their money. The chaos and turmoil of the depression and Greater Depression that started with the 2000 dot com stock market mania bubble crash may be the tipping point for the final takeover as people just give up.
The Greater Depression may last into 2016-2020 and result in a 90 percent drop in most asset prices. Gold may drop .618% from peak. Unemployment will probably exceed 50 percent. This global deflationary depression will be twice as big and twice as long as the elite caused 1930's depression. It brought socialist and fascist Franklin Roosevelt into power.
Every government regulation and law is a price fix that transfers wealth away from actual producers. Roosevelt was the king of new socialist regulations. His administration enacted some 500 of them during his term in office. Roosevelt's misguided thinking made that depression last seven years longer than it should have and led America down the road to a Keynesian socialism micro-managed economy. The problem with socialism is that it always grows government so big that it eventually kills the host - the economy.
Welcome to an Orwellian "Big Brother" society with the likes of President Barack Hussein Obama doing the elites wet work. Why do you think Obama the socialist communist Marxist fascist Nazi got the Nobel Peace Prize and the $1 million dollars (front money) that goes with it in the first months of his presidency? His constant tax the rich wealth redistribution platform is covert communist code comrade - textbook Communism and Marxism 101 class warfare. Obama's "investments" are just pet projects like Solyndra Solar that just went bankrupt with $528 million of taxpayer money. Investment is Marxist Obama code for government spending never meant to make a profit or to ever be repaid.
The Rothschilds, Rockefellers, Warburgs, Morgans, Goldmans, Oppenheimers, Schiffs and George Soros (to name a few of the financial elite) will be telling you where to work, where to live, what to do and what to think cradle to grave.
The elite central bankers use fiat money inflation, wars, bailouts, global warming (a myth), Islamic fascism, terrorism, pandemic disease scares and now a cruel crushing deflationary Greater Depression as smokescreens for taking your freedom and liberty.
The UN, IMF, World Bank, the International Criminal Court, the World Health Organization, NATO (global government's military arm) and the Bank for International Settlements (BIS) run out of Brussels will rule the new world order under the globalists plan.
The elite may even try to depopulate areas of the world to rein in the mushrooming human activity and the depletion of natural resources with World War Three which them may lead to a New Dark Ages in which you, your children and your children's children are slaves forevermore?
The financial power elite have sold their stocks, bonds and excess real estate by now. They will be going short only to buy them back at ten cents on the dollar in five years or so. The banksters want a sound dollar now to fool you in their world government/new world order “Directed History” totalitarian takeover.
The elite have used these central banks all over the world to ruin our money, our morals and our will. Think Mafia - only this time rich banking families bring about global governance and the ruin of the middle class so as to control and enslave the world in their "Directed History" - the new underworld order!
Four latest developments:
(1) A push to form a "United States of Europe" to centralize their power and prove big government works - a bailout saddling their citizens with more debt.
(2) "Arab Spring" to turn once secular governments into an Islamic Crescent to serve as the new enemy of the West - a smokescreen. World War Three dead ahead!
(3) Occupy Wall Street people are rightly frustrated but are co-opted into blaming business for what is really deceit by central banking elite. They may be infiltrated at top levels by U.S. intelligence and the U.S. State Department.
(4) Bogus bank bailouts (bailouts are the name of the game) as the elite arrange transfer of debt to the taxpayer. These corporate and bank bailouts have been facilitated by both political parties in the U.S. Now, the Greek sovereign debt bailout is punishing that country as an example of what can be expected if you don't follow the elite's directed history program. THINK: NAZI!
Only the internet reformation revolution and the truth told on the net (which is right up there with the advent of the Gutenberg printing press 500 years ago printing Bibles in common language instead of Greek and Latin) along with private gold backed money can save us. Only gold is not someone else's debt. Only gold is honest - Only gold lets free enterprise blossom.
By the way, don't trust any one world currency scheme floated by the United Nations or International Monetary fund etc. It will just be more fraudulent paper money printing.
Beware the Council On Foreign Relations, the Trilateral Commission and the Bilderberg Group! Reduce the size and power of government! Stop the borrowing and spending! Stop the bailouts! Stop Obama and the department of un-justice from doing injustices to us and to our Constitution! Get behind the Internet Reformation. Stop the nazification. Stop the 30,000 spy drones and the 450 million hollow point bullets the fascist US police state Department of Homeland Security and corrupt Congress just ordered!
THE DIRECTED HISTORY SCHEME MAY LEAD TO THE A NEW DARK AGES. Read "The Creature from Jekyll Island - A Second Look at the Federal Reserve" by G. Edward Griffin if you don't believe me.
Copyright by Delwyn Lounsbury - The Deflation Guru Use of this article allowed with attribution back to:
Join Club EWI and get your FREE "Understanding Deflation" downloads - How to survive and get rich in the coming Greater Depression - CLICK LINKS ABOVE NOW!
I am an Eagle Scout who is loyal, truthful, honest and trustworthy to you. “Be Prepared” is the Boy Scout motto. Isn't it?
You can learn more about the planned Hitler-like one-world government socialist dictatorship - a 100 plus year old insidious takeover plot by inter-generational central banking elite - at my new site www.one-world-government.org Hurry your and the worlds survival is at risk!
How You Survive the Coming Perils Predicament Click Link Below & Click Button Below Video 100% Refund Guaranteed - Hurry!
P.S. We have Information on Gold & Silver ready to send you.
Protect Yourself with Gold and Silver
Gold Is Real Money - Always Has Been - Get Gold & Store It Outside Of Banks to Survive! Next Big Bull Gold Run To $100,000 per ounce as governments try to paper over the coming Greater Depression? Click Here For Free Information From Goldbroker.com HURRY!
From: Robert Prechter’s Elliott Wave International. Elliott wave analysis seeks to understand the financial markets using wave patterns based on changing investor psychology as recorded by price movements. It’s an approach different from any other. You can sign up free - HERE
Robert R. Prechter, Jr. The percentage of bears among advisory services, as tallied by Investors Intelligence, just reached its lowest level of the current bull market: 13.3% (see figure below). This means 86.7% of advisors are bullish on the long-term trend. The percentage of bears hasn't been lower since 1987, during wave (5) of 3, near the end of the strongest wave in the bull market. That run resolved in the biggest crash since 1929.Study the chart and notice how many times since 2009 the percentage of bears has been below the lowest reading of 2007. Another amazing aspect of this indicator is the persistence of low numbers since 2012. This long run of uninterrupted optimism parallels the plateauing of momentum oscillators in overbought territory.
The market hasn’t taken a breath for over two years.When it finally exhales, I think it will collapse at the same time.The long period of optimism has made forecasters aggressively positive on stocks and the economy. An economist and an investment strategist at Morgan Stanley have just predicted that the S&P will rise 50% to 3,000 by 2020, 5.33 years from now. We agree entirely on the 3,000 number. We just disagree on the index.Citibank’s technical team is predicting an even faster gain, projecting the S&P as high as 2,400 by January 2015, four months from now. It even recommends that no one worry about the seasonally weak September-October period this year.At the same time, the chief international economist at Morgan Stanley predicts that the “recovery from the great recession could easily extend another five years,” with growth of 3.5% in 2015 and 3.8% in 2016 .He’s not alone. The consensus among economists is that the US will enjoy years of growth at a 3% clip.All these predictions have their bases, but we think one of them is unconscious: the shared optimism of the crowd. Major institutions can afford the smartest economists on the planet. We’re betting against them anyway.Recall that the consensus has also been calling for accelerating growth in Japan and Europe. But Japan has just reported a stunning 7.1% annualized rate of economic contraction for April, May, and June. That’s a depression rate.Meanwhile, Europe is on precipice of deflation, and the US may be as well, as we will discuss next.
A Rising US Dollar Will Signal the Triumph of Deflation
The persistence of inflation from 1933 to 2008 and the Fed’s historically aggressive “quantitative easing” program since that year have kept most people bearish on the future value of the dollar. Rarely does anyone mention that the US Dollar Index (the dollar valued against other currencies) has remained above its low of March 17, 2008, a period so far lasting 6.5 years, as shown in the figure below. After making a low in March 2008, the Dollar Index remained in a bottoming process for four months, until July 15, 2008. The Bloomberg index of commodities made its all-time closing high on July 2, 2008. Starting that month, both indexes changed direction and have not seen those extremes since. The Dollar Index tested the 2008 bottom with a daily closing low on April 29, 2011. Silver made its daily closing high for the decade on April 28, 2011.Once again, the Dollar Index remained in a bottoming process for four months, ending on August 29. Gold made a double top at that time, with daily closing highs of $1,898 on August 22 and $1,899.80 on September 5, 2011. These tops are exactly equally spaced from August 29, by one week on either side. Gold, silver, and the dollar changed direction that year and have not seen those extremes since.In other words, bottoms in the US Dollar Index came right when other indexes of inflation were making their all-time highs. Each time, they reversed together.Since 2008, near-term highs and lows in the Dollar Index have coincided with near-term lows and highs in commodities (see next figure) and stocks. Together they are tracking trends in inflation and deflation.As illustrated in the second figure, the joint reversal in the Dollar Index and in commodities in 2008 signaled the time at which decades of persistent inflation yielded to a standoff between inflation and deflation, which has continued ever since. During this period, the swings have been dramatic. Deflation was dominant as all markets fell into March 2009. Thereafter, inflation was dominant until the metals peaked in 2011. Since 2011, the standoff has gotten more balanced, with inflationary tendencies manifesting in the stock market and deflationary tendencies manifesting in the precious metals.
Commodities have taken a middle path, rising and falling underneath old highs.Drilling down, we can see that many minor turns in financial markets have also been related to the timing of turns in the Dollar Index. The latest bout of Dollar Index weakness ended on the closing low of May 6. The countertrend rally in the Bloomberg commodity index ended just a week earlier, on April 29. Since then, commodity prices have fallen while the dollar has risen. The Dollar Index has been especially strong since its near-term low of June 30.Not coincidentally, commodities ended their countertrend rally on June 25 and began crumbling hard.
Everyone’s favorite commodity—crude oil—has fallen from $107.73 to $91.80 per barrel just since June. Silver, which no one talks about any more, is back in the teens after peaking in 2011 at nearly $50/ounce. Gold has completed a beautiful contracting triangle on July 10 and is about to plunge to a new low for the bear market.We have long stated that when the stock market turns down, it will signal the final triumph of deflation, because then all markets will be reflecting deflation. When will that happen?The wave structures on all financial markets (per the Elliott wave labels in the final figure above, for example) are bearish except one: the US dollar. Investors have hated the dollar for many years, making it sold out on a long-term basis.
Near term, the Daily Sentiment Index (trade-futures.com) recently recorded only 4% bulls on the euro, so a counter-trend bounce against the dollar is in the offing. But long term, the dollar is probably starting a bull market. If the US dollar has started a major rise, all other markets are doomed. Since the stock market has been holding up in the face of the recently strong dollar, it seems likely that when stocks cave, they will play “catch-up” and cave big.To continue reading the rest of Prechter’s 18-page special double issue, plus all of Elliott Wave International’s latest analysis for US, European, and Asian-Pacific stocks, and the major metals, commodities, and currency pairs, Join the free. HURRY!
Power of Prophecy and Texe Marrs have uncovered irrefutable evidence that Congress, including Republican House Speaker John Boehner and Republican Majority Leader Eric Cantor, has been working clandestinely since 2010, with Barack Obama and the White House to:
3. Set up a White House-run, military-style, technological Police State that will enslave all American citizens forever.
Over seven trillion dollars has been spent on these secret projects to turn the United States into the wheelhouse (center) of a miserable New World Order. The New World Order is at the command of elitist Zionists, and their traitorous gentile underlings, who own the global banking system, including the puppet Federal Reserve. Their coup d’etat of America is virtually complete.
Republican and Democrat politicians alike are complicit in this fraudulent system and conspiracy. Every politician, including Israeli lackeys Senator Ted Cruz and Senator Rand Paul, has sold out.
Every politician must be punished by removal from office. You and I cannot depend on any politician. If a man or a woman has been elected to the high office of U.S. Senator or the House of Representatives, he or she is corrupt and evil.
It is absolutely essential that every one of these sniveling cowards and liars be immediately removed from office. We must use every legal means at our disposal to remove and evict them. Voting does not work, since it means kicking one corrupt politician out and putting yet another deviant politician in. Do Not Vote. Do not waste your time, money, and energy.
We must immediately move to:
1. Remove all politicians from office.
2. Dismantle anything and everything connected to the federal government. (Everything of value devolves to the People of the 50 States).
3. Begin anew as free and individual Sovereign Peoples under a State Constitution that provides liberty and freedom to all and protects the innocent from commercial and government corruption, crime, and tyranny.*Let ours be a legal Jeffersonian Revolution to clean out the immoral and corrupt riff-raff and begin anew, seeking honesty, truth, freedom and liberty.
*Let us throw off the hard and velvet chains that hold us back from economic prosperity and individual freedom and liberty.
*Let us anew be free men and women, breathing in the fragrant odor of love, harmony, and goodwill for every fellow citizen who likewise cherishes and longs for liberty and justice.
*Let freedom ring and let the New World Order and its corrupt minions perish forever from our land.
Sincerely in Christ Jesus,
Author and Publisher: Delwyn Lounsbury - The Deflation Guru
Please visit our- www.deflationeconomy.com - How to survive the coming Zionist bankster caused deflationary Greater Depression. Hurry and get prepared! Store food, water, guns, mattress cash and necessities as a deep dire dangerous crash sends 90% of the value of most of your assets to money heaven for years.
The excrement is going to hit the fan. There will be riots in the streets as the biggest excess credit mania in history implodes with 90% drops most stocks, bonds, real estate, and collectibles. Unemployment will exceed 50%. Even gold (after bouncing to $1,450 or so in 2015) will likely drop to $700, or so. This is the big one, people, and it will not be over until 2022. In a bear market cash is king. Right, the only bull market will be in cash!
PS Don't plan on the markets coming back anytime soon this time. Hurry the crash is coming! BE (GET) PREPARED!!!
www.one-world-government.org - A secret 300+ year totalitarian takeover try by a Zionist financial power elite central banksters cabal cartel and their cohorts - multinational corporations, crony military and punked educators. Conniving Zionist run think tanks running the world's governments behind the scenes like the Council on Foreign Relations (CFR), the Trilateral Commission and the Bilderberg Group are all funded by giant corrupted tax exempt foundations controlling corrupt politicians, hoodwinked scholastic personnel, compromised government bureaucrats and other corrupted leaders. SABOTAGE!
With near total control of the mainstream media and Hollywood, Zionists - BOTH - neocons (neoconservatives) and neolibs (neoliberals) - have directed history toward a fascist new new world order dictatorship. 9/11 is their latest coup Terrorism is the biggest white flag/red herring ever.
World War Three and a New Dark Ages depopulating the planet will result if we don't stop them. It is we-the-people who sacrifice money, labor, blood, lives and our future (and our children' future) to fascist Zionist collectivist communist globalist facilities like the pending trade tariff subterfuges and wars along with everything and anything connected to the United Nations, which take our freedom and money.
BEWARE LOOMING LIBERTY LOSS AND MARTIAL LAW BY A BIG BROTHER FASCIST SURVEILLANCE STATE DICTATORSHIP RIGHT OUT OF GEORGE ORWELL'S "1984" BOOK.!
Beware the United Nations. Prepare for the coming deflation of the Greater Depression. Beware WWIII and coming New Dark Ages feudalism! The elite modus operendi (MO) is always build tension and chaos - out of chaos comes order - a new world order and CONTROL. This is the Marxist Hegelian dialectic and it is always about tension and turmoil leading to bigger Leviathan government CONTROL - of you.
Join the Internet Reformation Revolution! Store food, water, cash, guns and essentials. We will have to fight to the last man standing.
Delwyn Lounsbury lives "off the grid" on 50 acres which has over a thousand trees and few neighbors in the San Francisco Bay Area of California. He is an Eagle Scout - trustworthy and loyal.
In the seventies Dell published "The Economic Survival Letter."
His relevant and informative articles have been published on and linked back to by a myriad of websites - Including: Askives.com, Wikihow.com, Zerohedge.com, Christianpress.com, Libertariannews.org, Debate.org, Belligenerentpolitics.com, Worldnewsonline.com, Freerepublic.com, Conservativefocus.com, Examiner.com, Businessweek.com, Glennbeck.com, Newswithviews.com, Chicagotribune.com, Thesuit.com, Seekingalpha.com, Beforeitsnews.com, Thedailybell.com, theburningplatform.com & more.
Please feel free to use these hard-hitting articles and also LIKE & LINK BACK TO US, DONATE AND PLAY IT FORWARD to further the cause of Liberty & Freedom against Tyranny and authoritarian dictatorship.
Legal Notice / Disclaimer: These website articles and information are not and should not be construed as an offer to sell or the solicitation of an offer to purchase any investment. Delwyn Lounsbury makes no guarantee, representation or warranty and accepts no responsibility or liability. They are opinion only. Contact your own broker for all investing.
This website contains the ideas and opinions of the author. It is a conceptual exploration of financial and general economic principles past present and future. As with any financial discussion of the future, there cannot be any absolute certainty. What this website does not contain is specific investment, legal, tax or any other form of professional advice except - to subscribe and pay heed to Elliott Wave International, the world's largest independent investment advisory service, at links provided. We are affiliates to advertising on these pages and an affiliate of Elliott Wave International (EWI) the world's largest independent investor advisory service and earn a commission for your joining a free Club EWI and any subscription to their paid newsletter and other services. Hurry and join free at links on this page. If specific advice is needed, it should be sought from an appropriate professional. Any liability, responsibility or warranty for the results of the application of principles contained in articles, websites, readings, videos, DVDs, books and related materials, either directly or indirectly, are expressly disclaimed by the author.
Economic Collapse Investing - Hurry Before You Are Too Late!
BEST $14 YOU WILL EVER SPEND - NOW!
CRASH STARTING - HURRY!
GET YOUR WEALTH TRIGGER SECRETS ASAP Click Here!
I, DELWYN LOUNSBURY THE DEFLATION GURU, am an Eagle Scout who is loyal, truthful, honest and trustworthy to you. “Be Prepared” is the Boy Scout motto. Isn't it?
Beware the coming deflationary Greater Depression caused by years of evil Zionist bankster economic turmoil and war leading to a totalitarian takeover in a fascist socialist one world government dictatorship. Hurry before it is too late - GET PREPARED by joining Club EWI (Elliott Wave International
Get Hosted by Sitesell Same as this Page! Many Benefits Click Below for info!
WHY PRESIDENT JOHNSON, J. EDGAR HOOVER, THE CIA, MASSOD, MAFIA, BANKSTERS ALL ZIONISTS * KILLED PRESIDENT KENNEDY IN A FASCIST COUP TO FURTHER ONE WORLD GOVERNMENT BY SOCIALIST DICTATORSHIP * PS MAINSTREAM MEDIA, HOLLYWOOD AND BOTH POLITICAL PARTIES ARE NOW ZIONIST
JFK CONSPIRACY SPEECH - REASON PRESIDENT JOHNSON AND HEAD OF FBI - J. EDGAR HOOVER DO COVERT COUP KILLING PRESIDENT JOHN F KENNEDY.
THEN IN BANKSTER SECRET SUBVERSION SABOTAGE SCHEME - THEY HAVE JACK RUBY - (RUBENSTEIN - ZIONIST MAFIA) - CLEAN UP AND ASSASSINATE PATSY LEE HARVEY OSWALD
By JFK 1961
"The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and secret proceedings.
We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions.
Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon those anxious to expand its meaning to the very limits of official censorship and concealment.
That I do not intend to permit to the extent that it is in my control.
And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know."
For we are opposed around the world by a monolithic and ruthless conspiracy that relies on covert means for expanding its sphere of influence--on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day.
It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations.
Its preparations are concealed, not published. Its mistakes are buried not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed."
"No President should fear public scrutiny of his program. For from that scrutiny comes understanding; and from that understanding comes support or opposition. And both are necessary.
I am not asking your newspapers to support the Administration, but I am asking your help in the tremendous task of informing and alerting the American people. For I have complete confidence in the response and dedication of our citizens whenever they are fully informed.
I not only could not stifle controversy among your readers-- I welcome it.
This Administration intends to be candid about its errors; for as a wise man once said: "An error does not become a mistake until you refuse to correct it." We intend to accept full responsibility for our errors; and we expect you to point them out when we miss them.
Without debate, without criticism, no Administration and no country can succeed-- and no republic can survive.
That is why the Athenian lawmaker Solon decreed it a crime for any citizen to shrink from controversy.
And that is why our press was protected by the First Amendment-- the only business in America specifically protected by the Constitution-- not primarily to amuse and entertain, not to emphasize the trivial and sentimental, not to simply "give the public what it wants"--but to inform, to arouse, to reflect, to state our dangers and our opportunities, to indicate our crises and our choices, to lead, mold, educate and sometimes even anger public opinion.
This means greater coverage and analysis of international news-- for it is no longer far away and foreign but close at hand and local. It means greater attention to improved understanding of the news as well as improved transmission. And it means, finally, that government at all levels, must meet its obligation to provide you with the fullest possible information outside the narrowest limits of national security...
And so it is to the printing press--to the recorder of mans deeds, the keeper of his conscience, the courier of his news-- that we look for strength and assistance, confident that with your help man will be what he was born to be: free and independent."
Barack Hussein Obama never wrote the book advertised here in a 1991
publishers promotional pamphlet put out by his literary agency, Acton
& Dystel, of a coming Obama book for sale, "Images in Black and
Instead, Obama wrote (some say communist Bill Ayers
actually wrote) "Dreams from My Father" an autobiography with a
socialist slant depicting his communist father as an anticolonialist
blaming the west for all the world's ills.
That is where lawless
Obama's rogue renegade radical leftist transforming change ideas came
from. Obama's upbringing came from communist family members (father and
both grandparents on his mothers side), socialist mother and friends. In
fact, Obama's mentor and tutor. Frank Marshal Davis, was on the FBI
communist watch list - member of Communist Party USA (CPUSA) card number
47544. Then came Marxist groups in college and finally socialist groups
like the New Party in Chicago where he was a community organizer
See actual brochure from his publicist stating Barack Hussein Obama was born in Kenya, Africa - above.
"Hope and Change" campaign slogan has morphed into WE HOPE HE CHANGES.
Narcissist Obama showed himself to be an ideologue and a fascist
dictator puppet and mole for the criminal Anglo American financial power
elite international central banking families. This criminal cabal run
by the Zioniist Rothschild and Rockefeller family cabal cartel control
all the central (sovereign) banks of the world and wants one world
government/new world order aka new underworld order control goal of
global socialist fascist dictatorship at any cost or means.
in the Greater Depression, which actually began with the year 2000 dot
com bust, along with the plight of most American citizens worsened under
his statist agenda. Obama's legacy will be trillions of wasted stimulus
spending, grotesque government growth and over 1,000 dictatorial
executive orders - many unconstitutional - most illegal - all socialist
Working for his elite Rothschild handlers,
Obama has led us to the brink of economic collapse and planned coup by
Zionist bankster oligarchs who already control both political parties in
A phony Iran, Syrian and Ukrainian war leading to a
phony World War Three threatening the very survival of mankind is next
if we don't stop the insanity. Watch out for false flag nuclear
explosions in the Ukraine and Iran.
The American, NATO and
Israel elite scheme is to get the people so confused and demoralized
that they can abscond with the last of the world's middle classes power,
freedom and money in the coming Greatest Depression.
THINK: BIG BROTHER AND THE MAFIA JOIN UP!
The BANKSTER elite want a fascist socialist one world government dictatorship.
It's all about control of you and I. Pure Tyranny!