Sunday, December 22, 2013


Steen Jacobson

Last year, Steen Jakobsen, the chief economist at the Danish Saxo Bank, predicted that gold would drop in price to $1,200 an ounce and that shares in the USA would rise sharply in price.

Those predictions were correct.

Some of his other predictions were wrong.

Here are his predictions for what MIGHT just happen in 2014:

1. The global recovery will falter.

2. There will be deflation. 

The oil price will fall to $80 a barrel.

3. Technology stocks (shares in such companies as such as Amazon, Netflix, Twitter, Pandora Media and Yelp) will fall greatly in value.

Some emerging markets stocks (shares) will fall in value.

Share prices in France will drop 40%.

4. Germany and France will fall into recession.

5. In the European Union there will be a new tax on any savings above €100,000.

6. The anti-European Union politicians will become the majority in the European Parliament after the May 2014 elections.

Governments have been getting their central banks to buy their government bonds. This is supposed to keep down interest rates and keep down inflation.

7. Japan's central bank will cancel all the government bonds that it has bought from the Japanese government.

Japan's central bank will thus have less capital.

The Japanese government will thus not have to pay 'interest', on these cancelled bonds, to its central bank.

The Japanese government will have less debt.

This will lead to inflation.

8. All western central banks will follow suit.

This will lead to inflation.

Share prices will rise again.


Anonymous said...

Yes, it's called the 'money game'. Since the workings of society are basically governed by the money system, then what better way to control populations than by manipulating the money markets?

Reminds me of the game, 'chess'.

Anonymous said...

me thinks 2014 will be an interesting year on all fronts yes!

Anonymous said...

No More Myths said...

The Hidden Motives Behind The Federal Reserve Taper

"The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank... sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world." - Carroll Quigley, member of the Council on Foreign Relations


A Money Changers Birthday


Jacob H. Schiff, Paul Warburg and other bankers influenced Congress to pass the Federal Reserve Act (December 23, 1913). The Anti-Defamation League (ADL) was created in October 1913 to minimize predictable criticism. The bankers have manufactured panics, withdrawn credit and in the process have confiscated the citizen’s resources and personal property through phony bailouts, sanctioned by compromised politicians. These actions are calculated and designed to ultimately decimate the economy. The same bankers who promoted the Federal Reserve funded Lenin, Trotsky, Stalin, Zinoviev, Kamenev, Molotov and Kirov (assumed names) in their godless, violent take-over of Russia. The bankers began making major profits when Bernard Baruch, Louis Brandeis and others manipulated their puppet Woodrow Wilson into entering World War I on borrowed money after the provoked attack on the Lusitania.

Read the rest:

heyhey1956 said...

No More Myths, you said "their puppet Woodrow Wilson" all the US Presidents are controlled by Rome as shown in this Y/T video 'America - Controlled By The Jesuits Of Rome' The United States of America and many others countries are ruled by the Vatican and their Jesuits (Society of Jesus), a Satanic cult who worships Lucifer.
Georgetown university is really the political power of the USA. The New World Order (which is already here) is governed all over the world by papal knighthood orders which are all ruled over by Rome.
Barrack Obama , real name Barry Davis is a 32rd degree Princehall Freemason and a possible Knight of Malta.Obama (Barry Davis) is surrounded by High Level Roman Catholics who streer him in the direction they want him to overseen by The Archbischop of NY and The Jesuits , he was graduated from Jesuit Harvard University.

No More Myths said...

heyhey1956 said: Obama (Barry Davis) is surrounded by High Level Roman Catholics who streer him in the direction they want him to overseen by The Archbischop of NY and The Jesuits...

Jesuits like these?

Jews dominate the Obama administration

CanSpeccy said...

I can't see that canceling bonds sold by the Government of Japan to the Bank of Japan will make much difference. The interest on those bonds that the bank receives from the Government is, presumably, returned to the treasury less the bank's operating expenses, as is the case with the US Fed and the US Treasury.

Technically, this may leave an unpaid debt on the bank's books. But the payment made by the bank to the government of Japan for the bonds that it is expected to cancel was not real money, it was just a book-keeping entry — ink money, as it is known.

The only difference is that the Bank of Japan will not be in a position to sell those bonds in the market, thereby reeling in some of the money that has been created over the years.

But maybe that's the point. The Bank is signalling that it will be unable to reign in inflation, so everyone will want to spend their cash as soon as possible before the inflation takes hold, thereby stimulating the economy.

That, however, seems a nutty idea, since the government can obviously create new bonds for the bank to sell in the market, while the money received by the government for the new bonds can be passed back to the bank to cancel the nominal debt arising from the cancellation of previously issued bonds.

Central bankers seem to be attempting to control national economies by purely psychological means, which suggests desperation.

Obviously what needs to happen is for everyone to emulate the Icelanders and send a lot of dodgy bankers to jail, while terminating mass migration to the West so long as mass unemployment remains endemic, and impose tariffs on imports to the West from cheap labor areas. That way, ordinary folks would have jobs that paid them enough that their spending actually stimulated the economy. Meantime the Chinese and Bangladeshis, etc. would be able to enjoy consuming what the presently produce for consumption in the West.

heyhey1956 said...

You said "Jews dominate the Obama administration" like these Jews? The Jesuits control the Masonic Jewish Zionists who control Zionist Israel. They HATE the Jewish race. And when I speak of Jews, I’m not speaking of Judaism. I’m not speaking of their evil religion, that openly and notoriously rejects Jesus as the Messiah; even Josephus realized Jesus was the Messiah.
I’m talking about the RACE. And when I’m speaking of the Jewish race, I’m speaking of the descendants of Jacob, through his 12 sons, and their physical descendants. That’s what I mean when I speak of the Jews. Many, many Orthodoxes today believe there is no such thing as the Jewish race. They are in error about that, because in Romans IX, X, & XI, it speaks specifically about the Jewish race, that Christ was a Jew; that Christ spoke in John, Chapter IV, we know whom we worship for salvation is of the Jews.So, he identified himself as a Jew. The Apostle Paul identified himself as a Hebrew of Hebrews, an Israelite, etc. So the terms Jew, Israelite, and Hebrew are all synonymous terms; they are the physical, racial descendants of Jacob. And, therefore, the Abraham covenant and promises apply to them, and they have not been fulfilled to this day. They are in the great diaspora—they are in the great dispersion. And so, Satan, not wanting them to inherit these promises, has set-out to destroy the Jewish race any way he possibly can. And his greatest tool in the destruction of the Jewish race is the Jesuit Order.

Anonymous said...

excellent retort !

Anonymous said...

@heyhey1956- Mate, are u high?

heyhey1956 said...

Anonymous, Not high just living in reality!! The Jesuit Order is an almost 500-year old covert operations, geo-political, male-only organization, structured as a secret military operation demanding secret oaths and complete obedience to each direct superior, which is ultimately the Superior General (often nicknamed as the Black Pope, since he dresses in black and 'stands in the shadow' of the white Pope).The "Society of Jesus" - as they are officially known - was originally used by the Vatican to counter the various Reformation movements in Europe, to which the Vatican lost much of its religious and political power. Absolute-temporal-ruling power has always been the Vatican institution's primary objective. The Jesuit Order is since 1814 in complete control of the - obscenely wealthy - Vatican institution (and its Catholic clergy hierarchy)and presently also controls various other organizations together with the Military Order of Malta, such as:
the United Nations• NATO•European Commission•Council on Foreign Relations•various central banks• big corporations• secret services
• numerous societies and cults, such as Freemasonry ("The Brotherhood")and Opus Dei.

heyhey1956 said...

Also Anonymous, Do yourself a favour and take a good long look at these pictures as they say a picture is worth a thousand words so I'll let the images do most of the talking!
'Pictures of Papal Infiltration'

Anonymous said...

The FEDERAL RESERVE is using QE to drain and not add new liquidity! Common knowledge is PSYCHOLOGY OPERATIONS! this salesman can sale a blackhole to a scientist but not one speck of it will come true! Truth is the Fed needs two things stagflation and cashflow. Any growth above inflation means more inflation and a lose of principle on fed balance sheet. Which makes Fed nervously guard credit growth and incomes and not unemployment. Dropouts from labor force is a great thing to the fed and puts lid on growth. Our country is being taken over as a normal course of biz. Evolution? Since the first IOU the die was caste?

Anonymous said...

This is a pagan holiday get your JC. Nonsense back on its bike. Jesuits formed to steal silkworms from China? Oops not steal procure

heyhey1956 said...

Anonymous, You're the perfect example of how excellent these Jesuits are at DISSIMULATION! Educate yourself on the Jesuit Order you can go online and read "Vatican Assassins" you'll then realize that these Jesuits have been behind every major catastrophe since 1572 starting with the St.Bartholomew's Day massacre!

Anonymous said...

I'm not sure about predictions... but Dick Eastman (especially) and Anthony Migchels have a solid grasp of monetary reality and history. They also offer sensible solutions. Abel Danger website has a strong series of articles by them: check it out. Cheers.

Site Meter