CRISIS Beck: Coming Insurrection ... must see vid

[Sleeping Cobra]

I think we BETTER keep track of this "Calendar" that starts on a Wednesday.

 

[Dean Miller]

I think 3 days is optimistic; if the chinese were to openly declare they weren't buying bonds, it would almost instantaneously cascade the system

China would NEVER announce that they won't buy any more Treasury bonds. They know what would happen with a formal announcement. They would simply stop buying them and let everyone else guess -- they seem to be doing that right now.

 

[John H]

I think other Central Banks (Japan, Germany, UK, etc.) have been / are stepping in with the Fed and buying the bonds from time to time to try to protect the value of their existing holdings.

However, that can only last so long, then Glenn's scenario takes place.

Just my 2 cents.

John H

 

[Old Gray Mare]

I wish he had provided more specifics on how to prepare.

 

[John H]

How does one prepare:

You work the internet now to see how people survived during the great depression and WW2.

That includes Victory gardening, gardening, depression-era cooking, how to fix and make things, prepping, hunting, getting fish or game anywhere (even roadkill), collect scrap, do menial work for those that still have jobs (gov't types, wealthy). etc. and then you swallow your pride and line up for whatever the government is giving out to stretch your preps. Depression or massive inflation, the result for us peasants is the same ... no real money or wealth.

Clara is a good start...

http://www.youtube.com/results?search_query=depression+cooking+with+clara&aq=f

Somehow, you try to hang on to your home.

What else can you do?

John H

 

[jed turtle]

How to prepare:

You work the internet now to see how people survived during the great depression and WW2.

That includes Victory gardening, gardening, depression-era cooking, how to fix and make things, prepping, hunting, getting fish or game anywhere (even roadkill), collect scrap, do menial work for those that still have jobs (gov't types, wealthy). etc. and then you swallow your pride and line up for whatever the government is giving out to stretch your preps. What else can you do?

John H

only problem with the coming "solution" is it will require COMPLETE allegiance to the new world order. you will have to "sell your soul" and take the "mark of the beast" - whatever that is, but we all know it is probably some biometric device or laser tatoo - in order to buy or sell.

ultimately, without access to the "new money" (digital no doubt) one won't be able to pay property taxes and even those without mortgages lose their houses unless they sign up for the "mark".

glad to see that Beck finally has seen the full picture while there was still time to get it out on tv.

the only way out of this mess is turning to Jesus and humbly asking Him for relationship with a contrite heart.

and maybe He will "take you up" in a rapture, or maybe He will just let you stay here for the duration. i don't know. but regardless, if you walk in His will, and acknowledge him publicly and constantly, He WILL direct your path for the furtherance of His kingdom. and you will see the day when you will reign with Him in that Kingdom.

 

[Sleeping Cobra]

I have bookmarked the video and i will keep track of this "Calendar" that starts on a Wednesday. If i find anything, i will update any information i receive.

 

[dieseltrooper]

What was said about anarchists being ready to come out and play got my attention. Being a wanna-be anarchist is kinda fashionable among some of the HS/college kids here. They could be easily led to engage in riots ala south central Los Angeles after the Rodney King verdict.

 

[willowlady]

Foro those with dial up,

skip the first half of part one. It's just Mr. Beck bloviating about his bona fides, and his readings, putting the info together, and how he's come to believe this is actually in the works. When he starts on the calendar, it gets far more interesting -- and to the point of HOW it could all come down.

 

[Sleeping Cobra]

How does one prepare:

You work the internet now to see how people survived during the great depression and WW2.

That includes Victory gardening, gardening, depression-era cooking, how to fix and make things, prepping, hunting, getting fish or game anywhere (even roadkill), collect scrap, do menial work for those that still have jobs (gov't types, wealthy). etc. and then you swallow your pride and line up for whatever the government is giving out to stretch your preps. Depression or massive inflation, the result for us peasants is the same ... no real money or wealth.

Clara is a good start...

http://www.youtube.com/results?search_query=depression+cooking+with+clara&aq=f

Somehow, you try to hang on to your home.

What else can you do?

John H

Great Depression Cooking: Clara Answers Your Questions
http://www.youtube.com/watch?v=br_rgE6Y3zU

 

[WildDaisy]

I always remember Joseph telling the Pharoah there would be 7 years plenty then 7 years famine... AND TO PREPARE FOR THE FAMINE...

Faith is great, but OBEDIENCE is better than sacrifice (refer to King Saul).

I told a family member who quoted the same thing...

God warns some ahead of time and asks them to be obiedient to prepare like Noah and Joseph. Others, aren't meant survive and he doesn't instruct before hand. And still others will be the recipient of the preparations of those who are obedient.

So if you aren't feeling the Holy Spirit prompting you to do certain things, you are one of the ones who wont survive, or one of the ones I have been instructed to prepare for. Pray you are the latter.

They never mentioned it, or poo-poo'd me again for prepping. Obviously, the person is close family and a DGI, and know I need to prep for them in my plan.

 

[Emily]

I have bookmarked the video and i will keep track of this "Calendar" that starts on a Wednesday. If i find anything, i will update any information i receive.

I thought the one author said about the 'when' that it just DID happen.
I took it that he was referring to the Wednesday announcement of the Fed's plan of QE2 that was made.

We may actually be in the throws of the situation now. I don't think it is happening in the 2 week time frame that Glenn laid out - I think it will have more days of denial and 'everything is fine' and may actually draw itself out over several weeks even up to 6 with each new 'event' wiping away the 'hope' that folks were still holding on to until reality is too obvious to ignore.

 

[Tom McDowell]

On Drudge Today

China tees up showdown with USA...

Powder keg...

Bernanke Defends Pumping...

Treasury Yields Tumble to Records...

===

BTW China is likely looking on the big visit to India with a raised eyebrow.

===

.

 

[Rearden Steel]

I thought the one author said about the 'when' that it just DID happen.
I took it that he was referring to the Wednesday announcement of the Fed's plan of QE2 that was made.

We may actually be in the throws of the situation now. I don't think it is happening in the 2 week time frame that Glenn laid out - I think it will have more days of denial and 'everything is fine' and may actually draw itself out over several weeks even up to 6 with each new 'event' wiping away the 'hope' that folks were still holding on to until reality is too obvious to ignore.

I believe he said it MAY have just happened. I also would not recommend taking the scenario that Mr. Beck laid out as concrete. It is A scenario. I agree with Emily, although it is possible it could happen in a shorter period of time, IMHO, it is more likely to be stretched out for many weeks or even months.

 

[Emily]

I believe he said it MAY have just happened. I also would not recommend taking the scenario the Mr. Beck laid out as concrete. It is A scenario. I agree with Emily, although it is possible it could happen in a shorter period of time, IMHO, it more likely to stretched out for many weeks or even months.

I will have to go and listen to it again. I thought he said, "I think it already happened."

 

[TECH32]

The event that initiates the sequence is China refusing to buy anymore US bonds, which I don't think is too far away. How can it be since Idiot Bernanke just announced to the world that he plans to debase US currency and all dollar-based financial assets.

I think China ALREADY refused to buy our bonds, which is why the Fed stepped in as buyer. Unfortunately, that won't last forever...

 

[Rearden Steel]

If the Chinese forfeited(lost) all their money invested in US Gov securities taking down the USA, they would have spent less than we did on Iraq and without a shot fired or a single soldier killed.

That is a statement worth pondering everyone. The general consensus by many is that the Chinese are another "evil empire". They are something. Aside from "state capitalism" I am not sure what, especially when it comes to the heart of typical Chinese citizen.

But think about the Chinese just shrugging their shoulders and saying "oh well, I guess we will have to write off our US Treasuries off". Treating it like the family member you lent money to with no hope of being repaid...........we are still done.

For their part, the Chinese have received some of the greatest inflows of capital over the last 40 years the world has ever seen. Infrastructure, manufacturing plants, pharmaceuticals, increased agriculture output (they EXPORT food now!). Their standard of living has increase dramatically and they are better off for it. The collapse of the US dollar and our economy does not take those "things" off the table. Their output will be redirected internally and to other markets (not without some problems mind you).

We are still done. If they, the Japanese and the rest of the world stop financing our debt (and I believe they have), we are done. There are too many people in this country who have bought into the entitlement Ponzi scheme and it cannot stand. Economics does not care about your party affiliation or your intentions. It must balance and we are grossly out of balance as country.

The fork in the road is upon us. When this scenario plays out, regardless of it's specific duration and format, we will have to decide if we go with the Founding Fathers, the Constitution, Liberty and Free Market Capitalism, or does the great experiment end and we join the ranks of socialism.

Shall we lead? Or shall we follow?

 

[dogmanan]

Ok just watched all three glen beck videos and liked all of them very much.


At the end of part three their was very strong and heart warming push for

one world govement
one world money system
one world legal system
one world market system
by the one of two guys on his show.

I don't like that part of his show[end of part three].
I was told by this man how great and wonderful we would have it if we let this happen because we have to reset the entire world and this is how it should be.

I don't think I like that either.
I do like what the other guy without the glasses has to say about how things should be from here on out.


later

 

[tm1439m]

I notice it looked like Beck was wearing converse all stars.

Didn't care for the conclusion either dogmanan.

 

[minkykat]

Ya know, something occurred to me last night;

two words:

November Sweeps.

Seriously, this is the month when TV shows will air their best episodes in order to get the best ratings. Think about it.
Think how many eyes will tune into the show on Monday.

While I do indeed believe that something is coming down the pike, there is something about Beck's Friday show that just kinda jiggles the old toilet handle.

Anyone else get this notion?

 

[mzkitty]

Ok just watched all three glen beck videos and liked all of them very much.


At the end of part three their was very strong and heart warming push for

one world govement
one world money system
one world legal system
one world market system
by the one of two guys on his show.

I don't like that part of his show[end of part three].
I was told by this man how great and wonderful we would have it if we let this happen because we have to reset the entire world and this is how it should be.

I don't think I like that either.
I do like what the other guy without the glasses has to say about how things should be from here on out.


later

And I should listen to Glenn Beck? Him and his NWO'ers?

I never have, and now it looks like I never will.

 

[Kent]

How does one prepare:

getting fish or game anywhere (even roadkill), John H

People up north made fun of Tennessee when collecting roadkill was made legal here.

 

[Tundra Gypsy]

After staying up and watching the show I realized I should have written down the 16 days of how things could quickly deteriorate. I only remember part of list; anyone else remember and can fill in the list or correct it?

I see the possible BIG DOT of an impending situation; i.e. China stops buying US Bonds and the Asian Markets Falling. When that happens, watch out!!


1. Monday - China stops buying US bonds
2. Tuesday -
3. Wednesday -
4. Thursday -
5. Friday - Asian Markets Fail
6. Monday - Market it Quiet(?)
7. Tuesday- Dollar Drops 10-15%
8. Wednesday -Market Quiet
9. Thursday -
10. Friday -
11. Saturday - Feds Meet
12 Sunday
13 Market down 3,000 - melt down
14. IMF, G20 - restructure currency - New Global Order
15. Public Panic - Banks-ATMs-Food

Thanks for filling in the blanks or correcting the list.

 

[nharrold]

November 5, 2010
Beck: Coming Insurrection

If everything you knew suddenly changed, what would you do?

He describes a narrative of a financial breakdown thus ensuing social breakdown. This is a must see episode, material we all discuss here everyday.

Tried to watch it but it ran only to about half-way through a guests comments about TSHTF, then segued to some politicians blowing smoke. In what I saw, Beck didn't offer anything that would help J6P in any real way. Maybe I missed something...

Well, I finally found and watched all of parts 1, 2, and 3. And was left rather shaking my head. Most of what I heard was relatively useless abstractions and generalities, none of which will likely be of much use to my neighbors out here in flyover land. That think-tank stuff may be a necessary part of the process of acknowledging what's happening; but the people down here at ground level need something a helluva lot more specific and relevant to them, personally. They don't think in terms of abstract concepts. I think that they will not realize what's happening until they feel some real pain and see some real blood, personally.

I wonder if Beck and the other commentators can present this stuff in that type of a "goddamit, people" fashion and suggest some things that people can actually do. These folks need some targets for their frustration. For example, do they jump in the pickup truck and go to the county seat and start shooting county commissioners, judges, cops, etc.? We are long past the point where the vote is any kind of a solution, especially in dem country such as Oregon.

I dunno....

 

[Countrymouse]

To the best of my knowledge, this is why only The Federal Reserve is buying bonds/treasuries.

So......is, or is not, this ALREADY in play??? HAS China stopped buying our bonds?

Bernanke monetizes the debt to the tune of another $600 billion.

The same week, the entire FED goes off to Jekyll Island to celebrate its 100th birthday---but he mentions IN THESE VIDEOS that a MEETING OF THE FED would be one of the steps as the collapse progresses--could this Jekyll Island trip in fact be this meeting in disguise?

Obama travels to India with enough people to populate a small village--people who just happen to be the country's biggest "movers and shakers" in terms of both political and economic (business) might. Then Obama trumpets that he's "swung a trade deal" with India that obligates them to buy much more of our U.S. products, that's going to create all these new jobs in America. Ok...we're "selling" them all these new trade products--and they talk on these videos about the name of the game being LIQUIDITY---is Obama trying to stave off disaster by bringing in massively more funds to the US?

Just some thoughts, as I go through listening to this for the 2nd time now...

 

[Countrymouse]

If the Chinese forfeited(lost) all their money invested in US Gov securities taking down the USA, they would have spent less than we did on Iraq and without a shot fired or a single soldier killed.

OMG, that's a scary thought.

Reagan killed the communist empire by making them spend themselves to death to keep up with our arms race---because he figured them out, and KNEW that being # 1 militarily was more important to them than anything else on earth--so they would indeed spend themselves right into the grave trying to keep ahead of us.

NOW, the last major communist regime is doing the same to us--but it had us (correctly) figured a different way---that we had become so lazy and self-indulgent that if they gave us enough credit we'd strangle ourselves to death with debt, spending $$ as if there was not tomorrow to indulge all our desires (housing, cars, trips, clothes, etc.).

Wasn't it Khrushchev who said, "We will bury you"--and that they'd do it by giving us enough rope to hang ourselves?

 

[Dozdoats]

Sorry, but Beck is spooning strained peas and applesauce when, at this late date, he should be feeding his audience the strong meat he's had years to prepare them to receive. But that's not happening, and I don't expect it to happen.

Why?

Because once again, he's misleading those who listen to him. For example, in the transcript posted earlier in this thread, "george sorrels" is identified as the evil hand behind all our troubles. First of all, it's George SOROS, and yes, he is a truly malignant human being, rich, powerful and dedicated to supporting interests enmical to America.

But it wasn't George Soros who was able to browbeat Congress into passing the Bailout Sellout Bill. It wasn't Soros who just put in motion another open-ended plan to "quantitatively ease" hundreds of billions if not trillions more of out-of-thin-air FRN$ into existence.

Beck still either fails or refuses to point out the genuine culprits who are behind all this bankster skullduggery. Either way his audience is poorly served by his evasions and has wasted valuable years being led in circles when they could have been learning critical things that would help them understand what is really happening and protect themselves from economic ravages.

Instead he offers them a sponsor selling gold that's heavily overpriced.

It's sad so many people are going to come up short when this is all over, but people have choices as far as who they listen to and what they learn, and I wouldn't have it any other way.

dd

 

[ArmyOfFive]

I always remember Joseph telling the Pharoah there would be 7 years plenty then 7 years famine... AND TO PREPARE FOR THE FAMINE...

Faith is great, but OBEDIENCE is better than sacrifice (refer to King Saul).

That's EXACTLY why I do this, regardless of what people think!!!

 

[skoaldiak]

After staying up and watching the show I realized I should have written down the 16 days of how things could quickly deteriorate. I only remember part of list; anyone else remember and can fill in the list or correct it?

I see the possible BIG DOT of an impending situation; i.e. China stops buying US Bonds and the Asian Markets Falling. When that happens, watch out!!


1. Monday - China stops buying US bonds
2. Tuesday -
3. Wednesday -
4. Thursday -
5. Friday - Asian Markets Fail
6. Monday - Market it Quiet(?)
7. Tuesday- Dollar Drops 10-15%
8. Wednesday -Market Quiet
9. Thursday -
10. Friday -
11. Saturday - Feds Meet
12 Sunday
13 Market down 3,000 - melt down
14. IMF, G20 - restructure currency - New Global Order
15. Public Panic - Banks-ATMs-Food

Thanks for filling in the blanks or correcting the list.

Actually starts on a wednesday..

1 china says no more bonds
2 wall street spooked
3 same but now there are rumors
4 kids at soccer
5 asian market freefall, Dollar down 10%, gold up $200
6 dow plunges 900pts in 20min and closes, europe raises interest rates
7 markets unable to open, emergency fed meeting
8 all quiet, markets rally, cnbc cheers
9 quiet/stable
10 dollar plunges 10-15%
11 fed meets
12 fed raises rates 5-6%
13 GLOBAL MELTDOWN [every market down 3k pts]
14 IMF, G20 MEET, Total restructure, New Global Order announced
15 Public panics, banks/atms/food

 

[rafter]

Show played again this afternoon. Another Glen Beck show is on in the wee hours of the morning. (check your local listings) probably the same show as this afternoon. For those that haven't seen it yet.
I DVR'd it this afternoon.

 

[dogmanan]

I like to watch and listen to people like glen but I don't put much stock in what they say.

I find that he and others like him are a few weeks or months behind what is really going on.

Like we've said for many years on here if you are hearing it on the lame stream media then it is proubly all ready on its way down the road to happening.



later

 

[Sleeping Cobra]

China is no longer buying our Treasuries. They are buying Gold-not paper. And the Federal Reserve is probably buying back the Treasuries China bought.

 

[Countrymouse]

China is no longer buying our Treasuries. They are buying Gold-not paper. And the Federal Reserve is probably buying back the Treasuries China bought.

Got a link for that, Cobra? I've been looking for a confirmation of that news ever since the expert Beck is interviewing in this video said, "I think it's already happening."

 

[Emily]

I have a question on this scenario.

If the currency is the focus of this alert, as in the dollar crashing, then why would the stock market crash? I would think they would want to hold equity in physical, REAL items rather than 'cashing' out of the stock market. I don't see the logic in them taking equity out of the stock market and holding cash. Even if things collapse, in the end, having stock in a company that may be able to continue under a new currency, but at least has assets, is a more realistic scenario than pulling your equity out and holding cash.

Anyone?

 

[Samson]

I thought it was already known that China is no longer buying US Treasuries.

I have read this from a couple different sources. I am out the door to work but will dig up a source when I get back if nobody else has.

 

[etc]

Beck didn't offer anything that would help J6P in any real way. Maybe I missed something...

Well, I finally found and watched all of parts 1, 2, and 3. And was left rather shaking my head. Most of what I heard was relatively useless abstractions and generalities, none of which will likely be of much use to my neighbors out here in flyover land. That think-tank stuff may be a necessary part of the process of acknowledging what's happening; but the people down here at ground level need something a helluva lot more specific and relevant to them, personally. They don't think in terms of abstract concepts. I think that they will not realize what's happening until they feel some real pain and see some real blood, personally.

I wonder if Beck and the other commentators can present this stuff in that type of a "goddamit, people" fashion and suggest some things that people can actually do.

That hits the nail right on the head. I agree, it's mostly BS. Too highly abstracted to be of any use.

The guy you really want to read is Boston T. Party, he has a lot of books that are kind of on the same wavelength but phrased in terms of practical nuts-and-bolts of life instead of the 50,000 foot view.

Specifically, the following problems need to be addressed, once we fully descend or realize we have descended into

1. Most importantly, how to maintain a revenue stream when your "conventional" 9-5 job or a conventional business go away, permanently. Preps are fine but are of limited value, because you just cannot prep for the rest of your life, plus many things are impossible to prep, e.g. medical services. An income remains a critical and overlooked issue. I think it will still be possible but not by going somewhere and filling out an application, or punching in and out. That will be gone, I am pretty sure.

2. How to deal with increased government monitoring. The REAL has not gone anywhere. It's national passport, a national identification card system. An internal passport has been central to every totalitarian regime of the 20th century. It can be used to restrict movement and other activities.

http://en.wikipedia.org/wiki/REAL_ID_Act

Boston T. party recommends anonymous RV living in many of his books.

3. How to deal with food production issues. Sustainable living without depending on the local supermarket. What happens when a chicken runs you $10,000 given hyperinflation. Then it might as well be unavailable.

 

[Dozdoats]

China is no longer buying our Treasuries. They are buying Gold-not paper. And the Federal Reserve is probably buying back the Treasuries China bought.

Got a link for that, Cobra? I've been looking for a confirmation of that news ever since the expert Beck is interviewing in this video said, "I think it's already happening."

Countrymouse,

Give a listen to the interview linked below. Rickards brings up the issue of the Fed buying back Treasury debt from the Chinese. GATA mentioned it too (http://www.gata.org/node/9266). They say:

QE is all about destroying debt, dollar, Rickards tells King World News
Submitted by cpowell on Sat, 2010-11-06 17:43. Section: Daily Dispatches
1:40p ET Saturday, November 6, 2010

Dear Friend of GATA and Gold (and Silver):

Market intelligence analyst Jim Rickards tells Eric King of King World News that "quantitative easing" is not about helping the U.S. economy but rather about destroying U.S. debt and the dollar and daring China to sell its U.S. Treasuries back to the U.S. government. Rickards' comments come in the first of a two-part interview with KWN and you can listen to it here:

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/11/6_Jim_Rickards.html

Biography of James G. Rickards

James G. Rickards is a writer, lawyer and economist with over 30 years experience in global capital markets. He is Senior Managing Director at Omnis, Inc., a consulting firm in McLean, VA and is the leading practitioner at the intersection of global capital markets and national security. His advice to clients from 2002 to 2006 included early warning of impending financial collapse, the rise of sovereign wealth funds, the decline of the dollar and the sharp rise in gold prices years in advance of these events. He has held senior executive positions at Citibank, Long-Term Capital Management and Caxton Associates. In 1998, he was the principal negotiator of the rescue of LTCM sponsored by the Federal Reserve Bank of New York. His clients include private investment funds, investment banks and government directorates in national security and defense. He is the national security columnist for The Daily Caller, www.dailycaller.com, has been the interviewed in The Wall Street Journal, has appeared regularly on CNBC's Squawk Box, as well as Fox, CNN, C-SPAN and NPR and is an Op-Ed contributor to the New York Times and the Washington Post. Mr. Rickards is a visiting lecturer at the Kellogg School and the School of Advanced International Studies, has delivered papers on econophysics at the Applied Physics Laboratory and the Los Alamos National Laboratory and has written articles on cognitive diversity, network science and risk management. He is an advisor to the Committee on Foreign Investment in the United States (CFIUS) Support Group of the Director of National Intelligence and recently testified before Congress on the causes of the financial crisis. Mr. Rickards holds an LL.M. (Taxation) from the New York University School of Law; a J.D. from the University of Pennsylvania Law School; an M.A. in international economics from the School of Advanced International Studies, Washington DC, and a B.A. from The Johns Hopkins University. Follow Mr. Rickards at twitter.com/JamesGRickards.

Biography from Omnisinc.com
James G. Rickards: Senior Managing Director for Market Intelligence

James G. Rickards is Senior Managing Director for Market Intelligence at Omnis, Inc. and co-head of the firm’s practice in Threat Finance & Market Intelligence. He is also a member of the Board of Directors. Mr. Rickards is a seasoned counselor, investment banker and risk manager with over thirty years experience in capital markets including portfolio management, risk management, product structure, corporate finance, regulation and operations.
Mr. Rickards’s career prior to Omnis spans an over 30-year period during which he was a first hand participant in the formation and growth of globalized capital markets and complex derivative trading strategies. He has held senior executive positions at “sell side” firms (Citibank and RBS Greenwich Capital Markets) and “buy side” firms (Long-Term Capital Management and Caxton Associates) as well as technology firms (OptiMark). Mr. Rickards has been a direct participant in many of the most significant financial events over the past 30 years including the 1981 release of US hostages in Iran, the 1987 Stock Market Crash, the 1990 collapse of Drexel, and the LTCM financial crisis of 1998 in which Mr. Rickards was the principal negotiator of the government-sponsored rescue. He has been involved in the formation and successful launch of several hedge funds and fund-of-funds. His advisory clients have included private investment funds, investment banks and government directorates. Since 2001, Mr. Rickards has applied his financial expertise to a variety of tasks for the benefit of the US national security community and the Department of Defense.
Mr. Rickards is licensed to practice law in New York and New Jersey and various Federal Courts and has held all major financial industry licenses including Series 3, Series 7, Series 24, Series 30 and Series 63. He has been a frequent speaker at conferences sponsored by bar associations and industry groups in the fields of derivatives and hedge funds and is active in the International Bar Association. He has been the interviewed in The Wall Street Journal, The Washington Times, Politico and on CNBC’s Squawk Box, as well as Fox, CNN, NPR and C-SPAN and is an OpEd contributor to the New York Times and the Washington Post.
Mr. Rickards is a graduate school visiting lecturer in finance at Northwestern University and the School of Advanced International Studies. He has recently delivered papers on econophysics at the Applied Physics Laboratory and the Los Alamos National Laboratory. Mr. Rickards has published numerous articles in the fields of cognitive diversity, network science and risk management. He is a member of the Advisory Board of Shariah Capital, Inc., a firm specializing in Islamic finance and is also a member of the International Business Practices Advisory Panel to the CFIUS Support Group of the Director of National Intelligence.
Mr. Rickards holds an LL.M. (Taxation) from the New York University School of Law; a J.D. from the University of Pennsylvania Law School; an M.A. in international economics from the School of Advanced International Studies, Washington DC; and a B.A. degree with honors from the School of Arts & Sciences of The Johns Hopkins University.



=========================
Some more fun stuff to contemplate:

http://www.financialsense.com/contributors/trader-garrett/a-probability-bordering-on-certainty

A PROBABILITY BORDERING ON CERTAINTY
Submitted by Trader Garrett on Sun, 7 Nov 2010

There is hardly a person who does not want to know what the future holds. In the financial markets, predictions are not hard to find because everyone has an opinion. In summary form, this is what constitutes total market supply and demand. Finding consistently accurate opinions and predictions is also an object of all market participants whose purpose is to be ahead of the crowd for the possible increased probability of profits.

Technical and fundamental analysis is an attempt to measure crowd behavior in this setting and predict its results.

Some Recent Predictions:

Rumor has it in the predictive linguistic model space area, November 14th begins a tipping point into financial destruction and general mayhem. Also, a time wave model for 2010 indicates a dramatic tipping point occurring on November 14th that lasts until January 18, 2011.

In 1996, a famous psychic predicted that war would erupt in November 2010 and end in October 2014. By 2016, Europe will be almost empty.

This past Thursday, a television per
sonality indicated “13-Days till the financial collapse, 15-days to a new world economic order", if China does not buy our debt at some point.

Of course, the Mayan calendar prediction for 2012 is already well known. Unfortunately, the Mayans overlooked the date of their own demise so their reliability is in question. However, other worldwide predictions also suggest assorted cosmic and earthly disasters for this period.

Volcanoes are erupting in Indonesia and rumblings have also been detected at 21 other volcanoes in the region increasing fears of a chain reaction of blowups and eruptions.

Another soothsayer predicts the Dow Jones will get to 38,000 in the next 5 years. Something does not quite compute given the prior predictions above.
Please take your pick of which disaster/good news you want from the menu above.

For my part, tomorrow on this planet, I predict the sun will come up in the east, birds will chirp, and yawns will occur with a probability bordering on certainty.

The Math is Quite Simple:

Probability theory is a part of mathematics that deals with the analysis of random phenomena including their variables and assigning a value to each possible outcome. The object, of course, is to predict future results based on the observed statistical patterns.

Financial probability predictions, however, are more accurate and reliable if the facts are complete and transparent. This is what we know. In our country, it is abundantly clear to those who can count, that liabilities exceed assets, expenses exceed income and the living within our means is not observed. These financial observations cut through any and all political affiliations. The math is quite simple and relevant currently.

I predict bankruptcy, devaluation or default will occur with a 100% probability at some point if these deficiency trends continue. The variables affecting any of these outcomes are still unclear. We do know that gold, silver and commodities, however, will increase by order of magnitude and sum that is directly related to the total amount of the increasing money supply and its inflationary effects. All else is subject to opinion, discussion and watchful waiting.

While we protect ourselves against the oncoming financial train wreck, let’s see how the XAU and S&P500 are doing on a weekly basis.

XAU Weekly:

Here at Market Pendulum, our goal is to add to our premiere long term positions in any personal or model portfolio when low risk probability entry points occur as defined by our leading metrics, the Trend Directional Indicator (TDI) and Gravity Center (GC) indicator. We primarily use the weekly indicators for potentially larger gains while keeping an eye on the daily and monthly. For additional information on these indicators, click here.

Weekly XAU index Trend Directional Chart



Recently, the XAU chart price above has been in a strong trend for 10 of the past 12 weeks. The Trend Directional Indicator (TDI) has been in an uptrend since mid August. The SRA cycle indicator, overlaid on the chart, is rapidly turning down. In addition, the price is some distance from the indicators so a significant short term retracement to those trend lines might be expected shortly. The Gravity Center chart (not shown) confirms the analysis.

S&P500 Weekly:

Weekly S&P500 index Trend Directional Chart



The S&P500 chart above shows the index has been up 9 of the last 10 weeks on a weekly basis. In our opinion, simple probabilities suggest it is time to take some money off the table.

Summary:

Seasonally, we are in the strongest part of the investment year. The weekly XAU and S&P500 trend lines are positive but prices are some distance from those trend lines. Both of these indexes have been up for a vast majority of recent weeks. The probabilities suggest an immediate short term retracement with caution currently and clearly indicated. However, the overall longer term trend for gold, silver, commodities and the S&P500 is up with a probability bordering on certainty.

 

[54321]

I cant figure out if Beck doesn't know the whole story or if he is covering up the most important part.

In the OP video, He has his little puppet show and I guess he doesn't realize that all the marxist evidence is on the puppet side and not the Master side. Soros is a mere player he does NOT pull the strings.

When Glenn does a Show on the Rothschilds, the Rockefellers, the Illuminati destroying this nation in 100 years and the true Satanic NWO, then I may not be completely skeptical about his intentions.

 

[Emily]

I cant figure out if Beck doesn't know the whole story or if he is covering up the most important part.

In the OP video, He has his little puppet show and I guess he doesn't realize that all the marxist evidence is on the puppet side and not the Master side. Soros is a mere player he does NOT pull the strings.

When Glenn does a Show on the Rothschilds, the Rockefellers, the Illuminati destroying this nation in 100 years and the true Satanic NWO, then I may not be completely skeptical about his intentions.

I have a good idea, if you have all the answers, why don't you put a book together and then get yourself a radio show or TV show and share all this with everyone.

As it is - Glenn is waking up more people than I believe anyone else in our lifetime has done. The evidence was in the election. That result would not have happened if there was no hope.

Your conclusions are pure conjecture and I, for one, will listen to what Glenn has to say tomorrow night about George Soros and look at the research he has done and do some of my own and not hold Glenn up to some standard that is based on conspiracy theories before I give him credit for opening up the eyes of many who have been trusting the government for too long.

 

[Turret Buster]

I cant figure out if Beck doesn't know the whole story or if he is covering up the most important part.

In the OP video, He has his little puppet show and I guess he doesn't realize that all the marxist evidence is on the puppet side and not the Master side. Soros is a mere player he does NOT pull the strings.

When Glenn does a Show on the Rothschilds, the Rockefellers, the Illuminati destroying this nation in 100 years and the true Satanic NWO, then I may not be completely skeptical about his intentions.

I have a good idea, if you have all the answers, why don't you put a book together and then get yourself a radio show or TV show and share all this with everyone.

As it is - Glenn is waking up more people than I believe anyone else in our lifetime has done. The evidence was in the election. That result would not have happened if there was no hope.

Your conclusions are pure conjecture and I, for one, will listen to what Glenn has to say tomorrow night about George Soros and look at the research he has done and do some of my own and not hold Glenn up to some standard that is based on conspiracy theories before I give him credit for opening up the eyes of many who have been trusting the government for too long.

Dude, you just got your ass handed to you by a chick named Emily. Ha ha.