HomeSearchLog inRegister
Latest topics
» Mysterious UFO Manuscript found in Time Capsule by Metal Detectonist
Yesterday at 10:54 pm by PurpleSkyz

» This Weeks RV/CGR News - 2017: 4/23 - 4/29
Yesterday at 10:51 pm by PurpleSkyz

» G2 - Moderate geomagnetic storm, aurora seen as far south as Colorado
Yesterday at 10:38 pm by PurpleSkyz

» DAPL Developer Spills Drilling Fluids Into Wetlands While Constructing Another Pipeline
Yesterday at 10:15 pm by PurpleSkyz

» LEAKED 'rough draft' Star Wars 8 Script! transcribed by TS Caladan
Yesterday at 9:21 pm by PurpleSkyz

» Anna von Reitz - Seeking the Truth as a Way of Life.. plus more
Yesterday at 7:33 pm by PurpleSkyz

» Crop Circles 2017 - Waden Hill, Avebury, Wiltshire, UK
Yesterday at 7:25 pm by PurpleSkyz

» Everything is Sound and Light (2.0)
Yesterday at 7:19 pm by PurpleSkyz

» Shamanism what we do at the Ministry Of Consciousness...
Yesterday at 4:44 pm by Consciousness Of Economic

» The Mystery of Water - What we know is a drop.
Yesterday at 4:20 pm by Consciousness Of Economic

» Choices that can Change your Life | Caroline Myss | TEDxFindhornSalon
Yesterday at 4:19 pm by Consciousness Of Economic

» Spirit Science 33_3 ~ Meat and Health
Yesterday at 4:17 pm by Consciousness Of Economic

» Spirit Science 33_4 ~ Milk and Health
Yesterday at 4:13 pm by Consciousness Of Economic

» Are Today’s Massive Power Outages Really Secretly Part of the Operation Gotham Shield Nuclear EMP Drill?
Yesterday at 12:16 pm by WilliaminUSA

» Zap Crap Flooding the Scroll
Yesterday at 11:14 am by PurpleSkyz

» ANCIENT Tree Stump Found On Mars?
Yesterday at 10:24 am by PurpleSkyz

» UFO News - Green UFO Seen Over Northern Italy plus MORE
Yesterday at 10:13 am by PurpleSkyz

» All Episodes Free for 48 Hours: The Truth About Vaccines
Yesterday at 8:55 am by PurpleSkyz

» When You Have the Right Vibe, It's Not a Coincidence: Synchronicities, Energy Healing, and Other Strangeness in the Field
Yesterday at 8:52 am by PurpleSkyz

» This Weeks RV/CGR News - 2017: 4/16 - 4/22
Yesterday at 8:48 am by PurpleSkyz

» New blood type test determines blood type in 30 seconds
Yesterday at 8:39 am by PurpleSkyz

» EVERY DAY IS EARTH DAY
Yesterday at 8:37 am by PurpleSkyz

» NIBIRU News ~ Does Planet X enter the inner solar system every 2,000 years? plus MORE
Yesterday at 8:11 am by PurpleSkyz

» The Australian Govt is Corrupt to its Core - A Conversation With Brendan O'Connell
Yesterday at 8:08 am by PurpleSkyz

» The Anti-Racist Racists - A Message From Sweden - David Icke
Yesterday at 7:48 am by PurpleSkyz

»  Dave Schmidt Productions Presents Gary Renard 6/17/17! Really?
Yesterday at 12:46 am by RamblerNash

» Jerzy Babkowski (AKA ZAP) Canadian Scammer! Fraud! Report! Investigate!
Yesterday at 12:43 am by RamblerNash

» Jerzy Going Down?
Yesterday at 12:37 am by RamblerNash

» Jerzy Looking for a Date! lol
Yesterday at 12:31 am by RamblerNash

Who is online?

Share | 
 

 Global Currency Reset - Qs & A's -

View previous topic View next topic Go down 
AuthorMessage
PurpleSkyz
Admin
avatar

Posts : 58213
Join date : 2012-01-04
Location : Woodstock Nation

PostSubject: Global Currency Reset - Qs & A's -    Thu Apr 20, 2017 7:04 pm

Global Currency Reset Q and A



https://youtu.be/BBP42iSRNac

There are many rumors about an impending Global Currency Reset (GCR). I’ve found Lynette Austin from ITN Trading to be very plain-spoken and straightforward in the past. Here, she answers questions from YouTube followers about the GCR on April 6th:
1) “What does a Global Currency Reset look like? What are the indications and warnings that it’s about to happen and what happens when it comes? Are there any historical references for this?”
Lynette responds on the fly, “This will be the first time in history that we will actually have had a complete global system reset.” She then goes on to explain how the financial upheavals of the 20th century were more of a gradual shift away from the Gold Standard to debt-based currencies, a process which started during the Great Depression of the 1930s and which culminated the late 1970s.
She notes that around any reset there’s a tremendous amount of chaos so, “If we think back to the ’70s, what was going on then? You had the Vietnam War, you had the protests. My sister was billy-clubbed at Kent State; you had the Oil Embargo, you had 37% official inflation, you had the Stock Market imploding, Women’s Lib, the Civil Rights Movement…so, they use these things to distract you from the real intention…so, you’ll see a lot of chaos.
“Right now, though, too, because everything is so financialized…these markets are really inside of a very narrow range. That means that they’re super rigid. So, all indications are, in my opinion as a technician and a historian is that we’re very close and what we’re seeing right now in the market, with corporations…[they] don’t even make any money and their market value is $35 billion and they don’t know that they’re ever going to make any money – even Amazon…Amazon drove a lot of companies out of business they didn’t have to make money – but if you’re a Mom-and-Pop shop, you’ve got to make money – so when you see things that are super-insane, like they are right now, that they absolutely defy all logic – that’s the indication.”
The next question is:
2) “What do Central Banks do when they peg? Do they purchase other entities’ currencies or do they print money or something else?”
Lynette replies, “It’s a combination of the two but first, they make a commitment to that peg…Iceland is now thinking about pegging to the euro-dollar, so what they do is they make that commitment to maintain…some certain level against another currency and they have to buy and sell their currencies or the other currencies to maintain that…”
Next question:
3) “If the Dow is made up of individual stocks…why did every single stock crash in 2007 to 2009, when the Dow crashed?”
Lynette’s answer: “That’s a really good question. So, actually yes, the Dow is made up of individual stocks but what we’ve been going towards for a very long time are indexes. So, what was happening was people were selling their mutual funds, the ETFs hadn’t really fully kicked into gear yet but the ETFs, those are more indexes.
“Fewer and fewer individual people actually own individual stocks and it’s not even every stock in the Dow that has run-up; it’s some key ones, like Apple or Amazon, etc. but when there is a sell-off – because I was there in ’87 and I know what that looks like and I know what that feels like – panic. So, when people panic, they just liquidate everything…So, you might have a dog stock that you want to get rid of but you may have to sell a better stock to get out of it…
“But because everybody is so much in indexes today, [when] they’re selling off an index, it pushes everything down simultaneously…assuming that there is a buyer…
“This next time, there are no buyers, because back in 2002, 2007, 2008, the banks were still market-makers, which means they would go in and put a floor underneath things or at least attempted [to do so].
“Well, they’re out of that business now so, there’s nobody to put a floor underneath.”

Thanks to: http://forbiddenknowledgetv.net


  

Back to top Go down
 
Global Currency Reset - Qs & A's -
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Out Of Mind :: DINARIAN SCAMTASTIC NEWS :: RV/GCR, GURU CHATTER & NESARA INFO-
Jump to: