muses of the moment

May 31, 2012

Latest Release from Martin Armstrong dated May 30, 2012

Click here for Martin Armstrong’s latest release entitled Electronic Money: The Real Conspiracy dated May 30, 2012 (5 pages).

Martin explains his concept of a virtual world currency. As gg suspected, the world currency would be for global trade only, and the national currency would still be around. Take special note of the 2nd full paragraph on page 4.

Groovygirl’s comments: hyperinflation and cost-push inflation will look exactly the same to American Main Street, especially when 65% are unemployed or on a fixed income.

Regarding Martin’s real estate prediction that housing will get “better” between 2012-2015 (then fall off a cliff into 2032). Today, we heard that the number of houses sold has improved in 2012, but 25% of those houses sold were short sales. So, does housing “get better” in the next three years because the average price goes up or because more houses are sold, but at a lower value? gg thinks the latter. Which one could mean the difference between solvency and bankruptcy to the seller.

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2 Comments »

  1. Martin’s call for a “virtual reserve currency” to replace the USD is in line with others (e.g. Jim Sinclair,Jim Rickards). Most figure there’ll be a Gold component to it. Gold keeps competing interests honest seeing as it can’t just be conjured up.

    As for electronic money being promoted by Government …. duh, isn’t it apparent to all that has become high on the agenda. I don’t just think it’s only about just taxes either. It’s about CONTROL. What better way to stifle dissent than to have the ability to peer into & track peoples activities and even “freeze” their electronic money card access on an INDIVIDUAL basis.

    Be afraid people, that’s an incredibly invasive power that will surely be abused and used to promote tyranny (all under the guise of fighting “terrorism” and tax avoidance).

    Comment by bbrd@ymail.com — May 31, 2012 @ 3:02 pm

  2. “Gold will rise and we are going to see an explosive rally. The 2016-2020 period looks completely nuts.” … TEOTWAWKI … what will it look like come 2020? I’m not too optimistic. Personal freedoms will be diminished. Taxation out the wazoo. My 401K plan will be owned by the government who will “promise to pay me” when I turn 72! By then WWIII will have been fought. Who will “win”? How many nukes will have been dropped? Will Fukishama still be smoldering? HOw many other plants will be dumping poison in to the air? Where will the Constitution be? the 2nd amendment?

    I will agree to this … we are about to be part of some VERY historical history. I might start journaling so that my great grandkids will understand how to survive in the future! ­čÖé

    Comment by MikePhila — May 31, 2012 @ 6:52 pm


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