12 Ominous Financial Signs

From Business Insider:

[Source: The New York Times]
1. Corporate insiders are abandoning the stock market: Corporate insiders are getting out of the U.S. stock market at an absolutely blinding pace. It is being reported that the ratio of corporate insider selling to corporate insider buying last week was 1,411 to 1, and this week the ratio has soared even higher and is at 2,341 to 1.
2. Many of the world’s wealthiest people are buying absolutely massive quantities of gold right now.
3. J.P. Morgan is reportedly gobbling up rights to as much physical gold as it can.
4. The US Mint has run out of 1-ounce, 24-karat American Buffalo gold bullion coins and it won’t sell any more in 2010.
5. It is becoming harder to explain the unusually high option volume that we are witnessing right now.
6. Some very large investors are making massive bets that the S&P 500 is going to take a serious tumble in October.
7. Bank of Japan just shocked world financial markets by cutting interest rates even closer to zero and creating a 5 trillion yen quantitative easing fund.
8. Fed presidents Dudley and Evans are urging much more to stimulus, including a new round of quantitative easing, even if it means spurring U.S. inflation.
9. Nobel Prize-winning economist Joseph Stiglitz says the loose monetary policies of the Federal Reserve and the European Central Bank are throwing the world into “chaos”.
10. At the end of September, federal regulators announced a $30 billion bailout of the U.S. wholesale credit union system.
11. Bank of America, JPMorgan Chase and GMAC Mortgage have all suspended foreclosures due to serious concerns about foreclosure procedures.
12. Nancy Pelosi and 30 other members of Congress are requesting a federal investigation of the foreclosure practices of U.S. mortgage lenders. This has the potential to turn the entire U.S. mortgage industry into an absolute quagmire.
Business Insider concludes:

“So are dark days ahead for world financial markets? Well, yeah, but it is incredibly hard to predict exactly when things are going to fall apart. The truth is that there are going to be a whole lot more “crashes” and “collapses” in the years ahead. The important thing…is to keep your eye on the long-term trends.
The U.S. economy is undeniably in decline. The only thing keeping the economy going at this point is a rapidly growing sea of red ink. Debt is literally everywhere. It is what our entire financial system is based on in 2010. 
In the months and years to come, the major players are going to try very hard to keep all the balls in the air and to continue the massive shell game that is going on, but in the end the whole thing is going to collapse like a house of cards. Unfortunately, we have been destroying the U.S. economy for decades and there is simply not going to be a happy ending to this story.”


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Patriot Angel
Patriot Angel

9. Nobel Prize-winning economist Joseph Stiglitz says the loose monetary policies of the Federal Reserve and the European Central Bank are throwing the world into “chaos”. This has been the New World Order “plan” all along. I am not surprised at all. What they don’t know is…that someone Greater than them owns all the gold, silver and platinum and other precious metals in the world. The Lord giveth and the Lord taketh away. I have never seen the righteous forsaken or their seed begging for bread. Much better by Dallas Holm but it wasn’t on Youtube I have to remember… Read more »