What do you think of Benjamin Fulford's latest blogs?

tribe of light · 03-26-2009, 09:04 PM

i want my baby ribs, baby ribs, baby ribs!

okay seriously. that was tasteless, unlike baby ribs which are delicious....

okay now ill be serious...

i think fulford raises some salient points that need to be considered, particularly the overwhelming desire to jettison the USD for another form of global currency. Economist Joseph Stiglitz has commented that the SDRs (special drawing rights) of the IMF (which are based on a basket of currencies) is a natural segue into a global currency. I have often wondered myself why we dont use SDRs as the reserve currency since its based upon a collection of currencies from powerful economies around the globe. it seems more fair in my opinion instead of oil being traded in fiat dollars so the USA gets basically an economic insurance that no other country is privy to just because we have the dominant currency...

I know this all came out of the Pax Britannica and Great Britain's previous domination of the world with the pound, but I am pleased to see so many countries trying to move on up....

The Federal Reserve is going to collapse just like a crack/cocaine/amphetamine (choose your favorite) after a long binge. The Fed casts a long shadow, but it only now weights about 30 kg and can barely support itself. So cannibalistic its appetite has become, it's now consuming the Treasury to justify its own existence. This is like a virus that consumes its host until the host dies as well as the virus.

Here is my prediction based upon a mathematical model i developed.

The constant is equal to (864e-pi)/(1728pi) where pi = 3.1415... and e = 2.718....

take this constant which is a proportion of a year and add it to the point of market collapse last october. it puts us at 2 April.

the same constant can be applied to the bottom of 13 nov 1929 and the date 21 april 1930 extrapolated as a relative high point before another long descent.

basically each of these 0.43204.... year long cycles have 6 legs with the last leg being the one that initiates a phase transition.... if you take the constant you will see that the last leg of the current 0.43204 long cycle starts 9 march and lasts until 2 april.... a time of rally in the markets.

despite what Geithner (sp?) says, I believe the world is going to take measures to remove the dollar from its high horse. Even if this is not an immediate change, it will be carried out via the IMF and SDRs before gaining more momentum.

what did the EU pres. recently say? something to the effect that our bailout plans are a "road to hell"?

All in all, I have to corroborate Fulford's comments on the economic condition of the USA and its reserve currency status, regardless of his pro-Asian bias.

This folks, is an economic crisis that began around 1931/32 (Britain jettison's gold standard) with an inflection point in 1971 (Nixon takes US off gold standard) to 2009 when now the USA passes the mantle of currency crisis. Maybe this time around we as a globe will get it right.

03-26-2009, 09:04 PM	#10
tribe of light Avalon Senior Member Join Date: Jan 2009 Posts: 56	Re: What do you think of Benjamin Fulford's latest blogs? i want my baby ribs, baby ribs, baby ribs! okay seriously. that was tasteless, unlike baby ribs which are delicious.... okay now ill be serious... i think fulford raises some salient points that need to be considered, particularly the overwhelming desire to jettison the USD for another form of global currency. Economist Joseph Stiglitz has commented that the SDRs (special drawing rights) of the IMF (which are based on a basket of currencies) is a natural segue into a global currency. I have often wondered myself why we dont use SDRs as the reserve currency since its based upon a collection of currencies from powerful economies around the globe. it seems more fair in my opinion instead of oil being traded in fiat dollars so the USA gets basically an economic insurance that no other country is privy to just because we have the dominant currency... I know this all came out of the Pax Britannica and Great Britain's previous domination of the world with the pound, but I am pleased to see so many countries trying to move on up.... The Federal Reserve is going to collapse just like a crack/cocaine/amphetamine (choose your favorite) after a long binge. The Fed casts a long shadow, but it only now weights about 30 kg and can barely support itself. So cannibalistic its appetite has become, it's now consuming the Treasury to justify its own existence. This is like a virus that consumes its host until the host dies as well as the virus. Here is my prediction based upon a mathematical model i developed. The constant is equal to (864e-pi)/(1728pi) where pi = 3.1415... and e = 2.718.... take this constant which is a proportion of a year and add it to the point of market collapse last october. it puts us at 2 April. the same constant can be applied to the bottom of 13 nov 1929 and the date 21 april 1930 extrapolated as a relative high point before another long descent. basically each of these 0.43204.... year long cycles have 6 legs with the last leg being the one that initiates a phase transition.... if you take the constant you will see that the last leg of the current 0.43204 long cycle starts 9 march and lasts until 2 april.... a time of rally in the markets. despite what Geithner (sp?) says, I believe the world is going to take measures to remove the dollar from its high horse. Even if this is not an immediate change, it will be carried out via the IMF and SDRs before gaining more momentum. what did the EU pres. recently say? something to the effect that our bailout plans are a "road to hell"? All in all, I have to corroborate Fulford's comments on the economic condition of the USA and its reserve currency status, regardless of his pro-Asian bias. This folks, is an economic crisis that began around 1931/32 (Britain jettison's gold standard) with an inflection point in 1971 (Nixon takes US off gold standard) to 2009 when now the USA passes the mantle of currency crisis. Maybe this time around we as a globe will get it right.