Latest topics
» 12000 Yr Old Mountain Sized Statue Found In Africa?
Today at 4:33 pm by terbo56

» How to Meet Your Spirit Guides Through Meditation!
Today at 4:28 pm by PurpleSkyz

» Breaking Old Agreements - The Four Agreement By Don Miguel Ruiz
Today at 4:19 pm by WilliaminUSA

»  An Article from Pao Chang: The Art of Word Magic and Its Connection to Freedom and Christmas
Today at 3:49 pm by PurpleSkyz

» Hydraulic fracturing negatively impacts infant health
Today at 3:46 pm by PurpleSkyz

» Why You Should Be Aware Of Quantum Physics
Today at 3:39 pm by PurpleSkyz

» Cosmic Consciousness & Outer Spaces in Popular Culture
Today at 3:33 pm by PurpleSkyz

» PROOF Your Thoughts Can Alter Physical Reality
Today at 2:59 pm by PurpleSkyz

» Angels We Have Heard on High
Today at 2:27 pm by terbo56

» For Those Incapable of Connecting the Dots by Anna Von Reitz
Today at 1:43 pm by PurpleSkyz

» Two huge current vaccine scandals the press isn’t covering by Jon Rappoport
Today at 1:07 pm by PurpleSkyz

» Samantha Bee DEAD WRONG on Trump Tax Bill! | Louder With Crowder
Today at 12:31 pm by microaggressor

» Here Are the Smoking Guns, Mr. Trump.... by Anna Von Reitz
Today at 12:29 pm by Jaguar-2016

» NEW DISCOVERY! Ancient Enigmatic Megalithic Quenuani In Peru
Today at 11:47 am by PurpleSkyz

» U.S. now leads the industrialized world in infant mortality due to toxic vaccinations
Today at 11:42 am by PurpleSkyz

» NIBIRU News ~ iT's A BIRD a PLANE NO 3 sUNs plus MORE
Today at 11:39 am by PurpleSkyz

» Inside S4: 3D Illustrations of Area 51 Facility
Today at 11:38 am by PurpleSkyz

» UFO News ~ Cigar shaped' UFO spotted in Walkerville, Montana, USA plus MORE
Today at 11:31 am by PurpleSkyz

» UFO Sighting Over Chino, California May Be Evidence Of Alien Base Below State Park
Today at 11:30 am by PurpleSkyz

» Interview Jack Heart - David Lynch, Twin Peaks and the Toroidal Universe
Today at 10:26 am by PurpleSkyz

» Just In Case.....
Today at 3:08 am by MartyM

» POOFness for DEC 11 - ZAP NEEDS HELP NOW
Today at 2:26 am by robert18

» Ufo Fires Red Beam at the ISS?
Today at 12:50 am by PurpleSkyz

» Watch “Injecting Aluminum” for Free Dec 13 & 14
Today at 12:42 am by PurpleSkyz

» 3 Manipulative Tricks of the Spiritual Ego
Today at 12:35 am by PurpleSkyz

» Illuminati Confessions
Today at 12:33 am by PurpleSkyz

» Geminids Meteor Showers Peak Wed. Dec 13th, 2017 at 9pm
Today at 12:30 am by PurpleSkyz

» The Story of the Woman Who Claimed She Visited Mars & Spoke to Aliens in 1894
Today at 12:28 am by PurpleSkyz

» Strange sky events recorded in Texas AND Louisiana on night of snowstorm!
Today at 12:26 am by PurpleSkyz

» Second Plane Crash in Area of Rothschild Buckinghamshire Estate ... huh
Yesterday at 11:18 pm by PurpleSkyz

» The Real Creator of Bitcoin Is Likely The NSA as One World Currency
Yesterday at 10:58 pm by bs4ever

» Did this guy forget to do something?
Yesterday at 10:35 pm by metech

» Disinfowars
Yesterday at 7:47 pm by NanneeRose

CLICK THE SUBSCRIBE BUTTON BELOW TO RECEIVE OUR DAILY NEWSLETTER

A 2ND EMAIL COMPLETES THE ACTIVATION PROCESS




CLICK THE PURPLE BUTTON TO VIEW OUR LATEST POSTS



You are not connected. Please login or register

Out Of Mind » DINARIAN SCAMTASTIC NEWS » RV/GCR, GURU CHATTER & NESARA INFO » Global Currency Reset - Qs & A's -

Global Currency Reset - Qs & A's -

View previous topic View next topic Go down  Message [Page 1 of 1]

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

PurpleSkyz

avatar
Admin
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



  

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum