muses of the moment

July 30, 2014

Blog Post from Martin Armstrong dated July 24, 2014

Click here for a post from Martin Armstrong dated July 24, 2014 entitled World Central Bank Secret Agreements.

From the link above:

That strategy depends on the rest of the world remaining strong. But if we see a turn down 2016-2020, it is hard to imagine Europe surviving the coming political storm.

groovygirl thought this was very important. This seems the only option to “control” the European debt implosion as everyone else is in a debt collapse, too. It’ s hard for a group of drowning men to save each other. May be impossible, but it gives us an idea of what the “first world”, US allies will try to do. Of course, there is that nasty unknown of shadow dark pool trading…..

July 19, 2014


Filed under: Economic Crisis, MF Global bankruptcy, Odds 'n ends — totallygroovygirlfriday @ 1:11 am

The leaked international trade agreement or TISA from June 2014, click here, seems to be a double standard. Individuals can not move money internationally, avoid taxes, heavy fees or trust their info is private, but too big to fail can.

I think international “sanctions” will be a guise for controlling individual money, but the too big to fail will continue to move money, launder money, and collect data. Brilliant.

On a positive note, more individuals will be forced to invest money locally. It is estimated that 50-90% of invested money is lost when it has to “go through” a third party’s hands, such as bank, broker, government, mutual fund, hedge fund, etc. Direct money from you to your local store, tradesman or business ends up creating more capital in the big picture. One reason why groovygirl likes this direct internet fund/business investing trend. But you still have to do your due diligence.

February 19, 2014

Just a little midweek conspiracy talk….

Pam Martens with Wall Street On Parade has written a few very interesting articles. And groovygirl is still looking at those recent deaths of bankers and traders.

Click here for an article about the government’s investigation of the oil and gas industry and possible price rigging and control. Explains how banks rig commodity prices. Also explains where all that taxpayer bailout money went. They bought assets! Hint: you should be doing the same.

Click here for Pam Martens article on the recent deaths in the banking and related industries. And that reporter is still missing. Also explains possible bad long play in life insurance industry. Pandemic would probably help the position.

Here is another very interesting article on the mysterious deaths. (Read the whole thing, very good, especially that part about V.)

In groovygirl’s humble opinion: although, these are just a few articles, it is clear just from the revolving doors between public and private industry (clear for anyone to see on the linked-in profile of an executive) that there is a silent contract between public government and private companies deemed too big to fail. groovygirl does have one question. Assuming that government is “investigating” these shenanigans and are getting close enough to have certain people bumped off. Would not that cause the manipulating to stop, slow down, or transfer to another company/office/country? Why then have we not seen a drastic change in markets, since no one or fewer people are “manipulating” them. Such as LIBOR, currency swaps, etc.? Groovygirl would suggest there are some possible reasons for this: there is no manipulation at all, we are seeing the result, the government (or certain parts of government) is much more involved than previously thought and is now controlling that manipulation directly, or the same banks are doing the same thing and they are counting on government to look the other way while they “slim” their staff. Lots of questions, few answers.

Click here for a post from Jesse on Bear Sterns. The Bear Sterns and MF Global were triggered by margin calls.

November 19, 2013

MF Global has to pay

Filed under: MF Global bankruptcy — totallygroovygirlfriday @ 11:35 am

MF Global is forced to pay back funds to customers and a fine. Click here.

Groovygirl is still not sure if this gets all customers whole or not. The article says it does, but gg would like to hear from customers. Especially since customers accounts were “closed” but their trades were not for up to 3 days. despicable!

The $100 million fine is a drop in the bucket, more like a slap on the finger.

The good news is customers can still sue Corzine in civil court. Groovygirl would be interested to know if customers must give up their restored funds in order to get the chance to sue Corzine in civil court. And where, southern New York?, can the customers sue Corzine and his cohorts?

Side musing: again, gg must state that your broker and your broker’s broker is not a completely safe place for your money. Customers lost cash and gold, not just trading accounts in the MF Global bankruptcy. And they have now admitted what we all know they did: take customer funds, any funds under MF Global brokerage, to pay losses of their house trades. We presume this was a derivative trade(s) gone bad.

Only hold monies you trade with at a brokerage. If you do alot of trading, spread that over 2-3 brokerages that have different parent trading houses. If you are holding a trade more than 6 mos, get a certificate in your name.

This will happen again. Your money is not your money at the brokerage or the bank. With bail-in plans in formation, the outcome may not be restitution within 2 years as it was with MF Global. The legal fees alone probably puts the MF Global customers in the hole. GG hopes those are tax-deductible legal fees. Probably not…..

September 10, 2013

Latest Blog Post from Martin Armstrong dated September 9, 2013

Click here for Martin Armstrong’s latest blog post entitled Confiscation of Pensions dated September 9, 2013.

groovygirl says: even though Syria may or may not happen, Martin illustrates an excellent point. Some crisis will cause our creditors to stop buying US debt and sell what US debt they are holding as a consequence of ridiculous US foreign policy. Since you, individually, can not change US foreign policy, make sure your retirement money is protected.

September 4, 2013

August 15, 2013

Latest Blog Posts from Martin Armstrong dated August 14, 2013

Click here for Martin Armstrong’s latest blog post entitled Gold Outlook dated August 14, 2013. Includes a ECM chart.

Click here for Martin Armstrong’s latest blog post entitled Bail-In Crisis dated August 14, 2013. This is a good one. He explains how to protect yourself from the next banking crisis. Which will be a bail in, not a bail out. They will cut out the IRS as the middle man this time around 🙂 You have heard this advice from Martin (and gg) before, but it is worth repeating, and repeating. You must take action if you have not already.

July 24, 2013

Very Important

The SEC is issuing warnings about the money market fund industry.

Click here.

There are a few conclusions to draw here.

  • This was a very quiet warning on July 17th. Quiet means we want to have the record we warned you, but we don’t want to start a panic.
  • Too late, gg suspects we start to see the “quiet panic” around August 7th? Just a guess 🙂
  • Money Market Funds collapse because investors need liquidity to cover another collapsed market that is underwater in debt. (i.e. they do not have the capital, assets, or even cash flow, to cover the debt needed to continue business or sustain the market.) This is the way the mortgage crisis moved to completely freeze credit in the US market in 2008-2009 and thus effected every business and market in the US and around the globe.
  • Money market funds are used by all business like a revolving credit card. If it drys up, business and banks must be bailed out to keep normal daily business going, for things such as payroll.
  • If those businesses do not have enough cash to hold them for six months to a year without adequate cash/credit, they go bankrupt, and lay off employees. We saw this in 2008-2010.
  • There will be no bail-out this time around. Your funds will disappear, it will be a bail-in. If you remember, money market funds delayed cash withdrawal requests for up to 6 months the last time around. The only reason it was only 6 months….bail outs, free loans from the government to keep the game going and the sheeple asleep.
  • Notice the time line from the 2007 crash. Stocks/housing market start to decline in fall of 2007, fully clear to all in 2006 that it was coming/in process. Contagion starts to be felt by everyone and all markets by 2008-2009 as major companies/banks go under or require major bailouts. This doesn’t happen over night. It just seems to because the insiders’ panic is not announced or acknowledged or covered-up.
  • We do not know what the catalyst will be this time, but we have several options: muni bond markets, continued European debt implosion, slowdown in China, derivatives from any one of these markets, war/terrorism/Arab Spring, change in law for one of these investment markets, old derivatives from 2008 mortgage crisis that have not been realized. Take your pick.
  • All of the above-mentioned markets (actually all markets tied to debt/margin) are VERY FRAGILE. They will all be severely effected by whatever the catalyst is this time around. That will make this coming collapse in 2015, as suggested by Martin Armstrong, much worse than 2008.

Beware and be prepared. Groovygirl is not suggesting have absolutely no cash in money market funds, just don’t have it all in that type of investment. You are responsible for making the decisions for your own investments.

Side musing: regarding Martin Armstrong’s 2007 turning point. Groovygirl thought it very interesting that major national security websites and data systems were hacked in 2007. Just now being admitted. This could be point the history books point to as the fall of the American Empire (foreign hackers are the Barbarians at the Roman gate) and the official start of the new war: cyber warfare. very interesting. Although it was announced that the Pentagon was hacked. Apparently several other private and government infrastructure sites were hacked including electrical and water infrastructure and NASA, as well as national security sites. The hackers were downloading information and able to view current information for six months before discovery. And they aren’t even sure if it was all the Chinese. This is the new war.

June 22, 2013

Chris Martenson

Click here for Chris Martenson’s latest warning on the next economic crash.

Muses of the Moments readers should already be positioned for this next leg down in the economic downturn. Martin Armstrong is calling for more volatility starting in August of this year and then a major turning point in October of 2015. The next 18 months-2 years will be very interesting.

We are in a long term cycle of global debt contraction. During this long contraction, all assets, whether tied to debt or not will be on sale during volatile market moves. Investors are forced to sell to cover debt (at least those not being bailed out by your money.

In these times, it is best not to have debt and to have liquidity to buy up tangible assets that are on sale at greatly reduces prices. AS we move along in this cycle, the greater the volatility, the deeper the discount. It’s a fire sale. It is part of the great wealth transfer during this debt collapse.

May 28, 2013


That derivative dragon is rearing its ugly head again.

Click here.

But after lobbying from financial institutions, the CFTC lowered the requirement to two banks. CFTC officials claim the standard will increase to three banks in about 15 months.

Why would the CTFC LOWER standards? Because the banks would be broke if these derivatives, that have increased in the last 5 years, were counted as even remotely close to mark to market, all banks and their counter-parties (insurance companies, Fannie and Freddie, pension funds, sovereign funds, you, etc.) would be BROKE.

Guys, the government and banks can modify all the accounting rules they want. They did the same thing up to 2007, and it did not keep them from collapsing and taking the entire system with it. It was then that the government stepped in and printed money, which they are still doing today. The next time around, it will be a bail-in of your investments.

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