MUST SEE!!! Ann Barhardt interview w/ Jim Puplava Re: MF Global Crisis Implications, Lessons & Projections

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JuanGalt's picture
JuanGalt
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Posts: 188
MUST SEE!!! Ann Barhardt interview w/ Jim Puplava Re: MF Global Crisis Implications, Lessons & Projections

As heard on and avalaible on the Financial Sense Newshour Podcast, http://www.financialsense.com/

 

You can only cover so much in a 30 minute interview but this is an excellent illustration and explanation of how an apparently isolated event ties into the big picture problems and trends impacting the world over the next several years and how the implications ultimately project to solutions on how to best protect yourself and thrive in the Age of Turmoil that we are currently right in the middle of.

DIRECT LINK
http://www.financialsense.com/financial-sense-newshour/guest-expert/2011/12/01/ann-barnhardt/entire-futures-options-market-destroyed-by-mf-global-collapse

I hope it leads to painting a clearer picture for on what's in store and how to prepare and defend yourself plus capitalize on the opportunities that lay ahead.

I also attched the MP3 for those interested.

WOULD LOVE TO HEAR FOLKS' THOUGHTS ON TOPICS & STATEMENTS COVERED ON THIS PODCAST!!!

Lastly, for CM.com staff. Ann Barnhardt, as you can see from this interview, would be an excellent and timely candidate for one of your future podcast interviews- hopefully sooner rather than later, ;). She reminded me a bit (philosophically) of Catherine Austin Fitts, who was also a wonderful interview. Thank you.

Best,

Juan Galt 

JuanGalt's picture
JuanGalt
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Whoops, forgot attachment...

Can't attach on follow-up post I guess. I included the download link so you can grab it right from there. Sorry.

Thanks and enjoy ;).

JG

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Rhizoid
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repulsive comment

Oh God, I just need to get this off my chest.  My father heard this Anne Barnhardt podcast, and then looked at PeakProsperity.com, and said that it's just all "scare tactics."  

Oh my God, the relentless Normalcy Bias of Baby Boomers with a lot of money.  When will these ostriches be shown the truth?!!!

Rhizoid's picture
Rhizoid
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repulsive comment

Oh God, I just need to get this off my chest.  My father heard this Anne Barnhardt podcast, and then looked at PeakProsperity.com, and said that it's just all "scare tactics."  

Oh my God, the relentless Normalcy Bias of Baby Boomers with a lot of money.  When will these ostriches be shown the truth?!!!

JuanGalt's picture
JuanGalt
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I don't get your point Rhizoid...

Scare tactics? Seems more like a reality dose. A call for an awakening.

The PTB certainly don't like their scam monetary system, rigged stock market, ludicrous fiscal policies and cronie gov't puppet schemes and protection being exposed.

If you want to offer a critique that's fine but at least make a legitimate and well-argued point.

Your comment did not add anything to this conversation nor shed any light.

Opposing views are welcome but please provide worthwhile insight. Thank you.

JG

Poet's picture
Poet
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Joined: Jan 21 2009
Posts: 1892
Normalcy Bias In Boomers

JuanGalt

Rhizoid, I believe, is on your side. He's saying his father is one of the Boomers.

Poet

JuanGalt wrote:

Scare tactics? Seems more like a reality dose. A call for an awakening.

The PTB certainly don't like their scam monetary system, rigged stock market, ludicrous fiscal policies and cronie gov't puppet schemes and protection being exposed.

If you want to offer a critique that's fine but at least make a legitimate and well-argued point.

Your comment did not add anything to this conversation nor shed any light.

Opposing views are welcome but please provide worthwhile insight. Thank you.

JG

joesxm2011's picture
joesxm2011
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Joined: Mar 16 2011
Posts: 259
boomers viewing crash course

I gave the Crash Course DVD to a couple 50 year old friends of mind a while ago.  Today I received and email titled "Crash Course".  I expected them to make some interesting comments.

The content of the email said that since they have had the DVD for a couple months and have not found the time to watch it did I want them to bring it back.

I guess that is what happens when you get all of your news by watching John Stewart. 

JuanGalt's picture
JuanGalt
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Posts: 188
Joesxm2011- No kidding and I can relate...

All my father does is read the local liberal bought and paid for mainstream paper, watch the local spanish news (horribly leftist/socialist) network and watch Fox News (fake conservative/necon propaganda ). That's about it as far as where he gets his news and information. That determines much of his opinion and world view. No alternative news or non-US based international media. 

He does not have a clue about the extent of the underlying deception and hidden agendas that are shaping the world. According to him I'm the brainwashed one. I find that rich!

A lesson from approaching others and introducing these topics. It's tough, it's a challenge and can be an awful waste of time and lots of frustration, especially when they are people you care about.

I earnestly believe in forming phyles. Finding like-minded people and advancing mutually beneficial agendas in postive, creative and constructive ways can be wonderfully empowering, exciting, fulfilling and fun. Those who are curious, earnestly searching for answers and exploring topics will most likley find you.

You can broach certain topics and test the waters with some people but pushing anything, debating, repeating yourself or simply introducing compelling pieces of evidence, support and info will fail more often than not. You have to choose your spots and make tough decisions and value judgements about what is worth your precious time and energy. 

I can relate and share in your frustration and pain though as well.

JG 

JuanGalt's picture
JuanGalt
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Posts: 188
Poet & Rhizoid, I must have skimmed too quickly...

Read the message quickly and missed the point at the end. I get it and can relate as you can see in my response to Joe above.

Thanks for clearing that up Poet. My apologies Rhizoid. Thx.

JG

 

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hucklejohn
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Posts: 281
Jim Sinclair's comment on clearing houses

Jim Sinclair knows a few things about the markets.

http://www.jsmineset.com/2011/12/02/clearing-houses-are-the-mechanism-of...

December 2, 2011, at 4:13 pm
by Jim Sinclair 

My Dear Extended Family,

We all know bank’s balance sheets are cartoons due to FASB’s capitulation on the fair market value issue, that the euro financial leaders do not deserve the title leader, and that the Fed is the source of liquidity for Euroland in unlimited cheap dollar swaps, but there is more.

That more is the first failure of a major clearing house.

Clearing is the mechanism of all markets.
It is the guts of the system.
It is the engine under the hood of finance.
It is the pulleys that turn inside the watch.
It is basic to finance for without clearing trades cannot close.

Without faith in the clearing house system where is faith that what your account statement says means anything whatsoever?

Unless MF clients are made whole in every way, the system is broken. It is as if the heads blew off the engine of finance. Where can you keep your money and investments if a clearinghouse is allowed for whatever reason to go broke, therein leaving the clients to suffer?

Are you safe even in a custodial account if the clearing mechanism can erase assets across the board as a product of insolvency for any reason?

The system is in a critical seizure.

It may take some time, but even the financial sheeple are going to worry about their own funds. God help you if you hit gold right on a paper exchange with the wrong clearing facility.

You are wholly dependent on the ability of the clearing house to pay into your account the winnings by deducting those funds from the loser. You are wholly dependent on the ability of the clearing house to guarantee the safety and security (are T Bills securities?) beyond SIPC levels. SIPC is underfunded but would be made whole by funny paper.

God help all the exchange traded funds that are nothing more than houses of derivative paper requiring a sound clearing system to have even an excuse for existing.

If the clearing system fails then you have nothing whatsoever. God help you if you are a farmer hedging your crop or livestock if you the farmer have nothing whatsoever due to a broken clearing house. You are insolvent regardless of the fact that your hedge may have been perfect for the needs of your operation.

Unless MF clients are made whole in every way the system is broken.

People did not realize then and some even now that the failure of Lehman broke the technical procedures (mechanism) for the functioning of the OTC derivative and for that reason broke the Western world’s financial system for which we are paying dearly today.

MF is a Lehman Brothers, but worse. OTC derivatives have always been a fraud but could have, before Lehman failed, been globally netted to practically zero.

The lack of faith in the clearing house system breaks the mechanism of the marketplace, even for legitimate transactions. This leaves gold in your possession as the asset of last resort. This is quietly driving the gold price towards Alf’s objective of $4500.

For your sake immediately take delivery of your gold and silver.
For your sake immediately take paper delivery of your gold and silver shares from those very few companies still willing to facilitate that kind of transaction.
For your sake immediately make your general securities positions "direct registration" as a second best method of protection the asset against failure of your clearing facility.

You all have clearing facility dependence even if you do not know it. Unless MF clients are made whole in every way, the system is broken.

This is no time to take any unnecessary risk.
This is no time to be lazy.

If you do not know how to do direct registration, get paper securities or take delivery of paper gold and silver, ask me.

Respectfully,
Jim

pinecarr's picture
pinecarr
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Hucklejohn, thanks for the

Hucklejohn, thanks for the Jim Sinclair post.  It is very  sobering.  I think his advice is worth taking to heart!

hucklejohn's picture
hucklejohn
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Posts: 281
Clearing houses

Pinecarr, I am not sure if he's referring merely to commodities clearing houses, or whether Sinclair is also including stock exchanges in his remarks.  His references to  gold & silver shares would suggest he is including ALL exchanges in his remarks.  His cautionary remarks regarding taking delivery of share certificates is something he actually first made several years ago.  In the past most observers have not taken this admonition seriously because it makes trading shares of stock very cumbersome since one has to supply the shares to your broker to buy or sell.  I suspect in the light of more recent events Jim's admonition might be taken more seriously now.

concernedcitizenx5's picture
concernedcitizenx5
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Posts: 26
Listened to the audio this morning.....

And to me it sounded like a subliminal ad for the republican party. Ann named a couple dems in the process and left out the repubs who are practicing the same underhanded tactics. She even played the regime and commie/socialist namegame. Not there was not truth in what she said. In fact, Karl Marx/Friedric Engels, wrote about the self-destruction of capatilism in the communist manifesto. Interesting to hear prophetic words from the supposed father of communism.

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