The Next Great Depression Is Going To Be A Collapse Of Bonds And Governments:Martin Armstrong
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Today's Guest: Martin Armstrong Website: http://armstrongeconomics.com Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Music: YouTube Free Music Hey Sailor by Letter Box Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo. The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.
Comments
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Since 9/11 they have used terror excuses to pass all sorts of laws “apparently” for our safety and security. The state has the right to listen to my phone calls, access to my emails, my internet searches and it is not because of terrorism. What they are really after is any opportunity to take your money. This is text book, when the state is broke they will look for any opportunity to enter your home and get their hands down the back of your sofa for any spare change that is there. Going forward you will see even more restrictions on your financial freedoms, I suspect we will see capital controls in the future.
Read the article below, see the link and then below is a user responding to the article. Also in the USA the land of the free the police are using an old law called “civil forfeiture” to confiscate citizens property because many Police pensions in the USA are collapsing and they are using their citizens processions to top up their funds.
http://www.zerohedge.com/news/2016-12-27/europe-proposes-confiscating-gold-crackdown-terrorist-financing?page=1#comment-8695636
new foxenburg Dec 27, 2016 3:10 PM
As a matter of interest. I bought 200 Krugerrands in December (with usual immaculately wrong timing, lol) from a UK dealer. I couldn't take delivery as he needed time to accumulate them. I live in Spain. I was driving to UK for Christmas ten days ago. Meanwhile the dealer had told me he had the 200 coins ready for collection. While spending the night in Orleans I sent a short email to dealer: "I am on my way, will swing by and pick up Krugerrands on Sunday morning. My ferry dock Dover at 10am I will be with you between noon and 2pm."
The following morning I was driving along motorway when overtaken at very high speed (180 kph) by three French "Duane" (Customs) motorcycles who forced me off the road. Really violently. Before I had come to a standstill two cars with a further seven agents had arrived with lights flashing. I was in fits of laughter.
"Hello Mr Foxenburg (they knew my name. Easy, I suppose from veh reg) Do you speak French, English".
"English".
"Do you have a declaration to make? Do you have anything to declare?"
"I don't understand. I'm driving through the European Union. What would I need to declare?"
"To be specific, Monsieur. Do you have in excess of 10 000 Euros in cash? Or do you have gold coin or bullion in excess of 10 000 Euros?"
"No".
They then emptied my pickup. Checked everything from glove box to my wash bag. Went through every item of baggage. Got underneath my pickup and were measuring for hidden compartments. They gave up after twenty minutes and sent me on my way.
I was definitely targeted. This was no random check. I can only think the email was intercepted and mistakenly interpreted that I was on my way to buy/fetch gold with undeclared cash. I can't think of any other explanation.
I have no doubt that they were hoping to find undeclared-income cash or gold. They would have confiscated it and I would have had the burden of establishing I had paid tax, etc.
They are everywhere. -
Someone needs to explain to Mr. Armstrong that we're not on the gold standard any longer. Since the government is basically the economy, how is the market going to go up when the economy is collapsing? This is some of the worst gibberish I've heard in quite a while.
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bs money just goes into politicians pockets, where do highway workers get paid from, teachers, govt services dept of trans etc, the military. This guy is a republican, taxes and and social spending is the only best way to save the republic.
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For gold lovers you should know something. Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, ... 16, wrote under the headline "Hoarding of Gold", "The Executive Order ... Ultimately, the prosecution of Campbell failed, but the authority of the federal government to seize gold was upheld, and Campbell's gold was confiscated.
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We take down the governments for stealing from the people are problems will shift to new innovation and energy sources.
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All I know is any wealth I have will not be being stored in anyone's paper promises.
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the Chinese are expanding their currency supply and credit, debasing the Yuan all the while, and diversifying into other assets like PMs, RE, and BitCoin/crypto as they unwind their UST exposure at an accelerating pace... watch what they do like a hawk, since the next century is "theirs" financially speaking. They are also savers, the West and Americans in particular have forgotten how. Prepare for the worst, hope for the best... bullion, bullets, batteries, beans and brains will be needed when TSHTF.
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Excellent, EXCELLENT interview! Thank you so much!
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Thank you for this video. Martin Armstrong is one of the most important analysts of our time. Armstrongs work with π-cycles is truly stunning and will change the way we understand political and economic occurrences.
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Armstrong is wrong on the fact that the FED is asking the foreign central banks to sell treasuries; they are selling because their currencies are collapsing. Those treasuries being sold to the tune of 363 billion in the last year is the greatest US treasury sales in history from foreign central banks. The sale of US treasuries must be bought by someone and the US is the buyer of last resort. When the bond market collapses gold and silver will go to the moon. The comment on 5,000 dollar gold is going to be a best case scenario not the worst case scenario. We can easily see a 5 to 10 fold rise in the cost of imported goods.
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THEY STOLE OUR MONEY , COWARDS WILL GIVE AWAY THE CHILDREN'S WEALTH
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THIS IS WHY WE MUST STAND UP FOR OUR CHILDREN
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THERE MONEY IS ALL STOLEN THAT IS WHY WE ARE SLAVES AND TRYING TO MAKE THINGS RIGHT . HEY THEY WILL KILL YOUR CHILD HAVE YOU NO GUTS .
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THERE MONEY IS ALL STOLEN THAT IS WHY WE ARE SLAVES AND TRYING TO MAKE THINGS RIGHT . HEY THEY WILL KILL YOUR CHILD HAVE YOU NO GUTS .
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WHAT IS NOT THERE IS THEIR MONEY
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You are wrong yet it is an easy task if all the people get together to arrest the parasites that killed our presidents to make us slaves. It is not our money in jeoperdy it is there.
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What real people have to do is to get these parasites arrested before they kill 3 billion people. They say we are to many , what if we make our children proud of us and history shows we stood up for our children , and these parasites rotted in jail.
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First he says sovereign debt and then says it will look like the depression. But then that stockmarket goes up? This bludder not relevant at all.
Either its depression or its rally on stockmarket, never ever both, ever ever. -
I would be happy if government took Soros money and just gave to all people.
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