CNBC Admits We’re All Slaves To Rothchild Central Bankers Global Government
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[CNBC Admits We’re All Slaves To Rothchild Central Bankers Global Government]
Mostly what they do is hold summits.
I think right now the question is: “Do we all work for Central Bankers?” That’s what I wanna address to our guests tonight. Is this Global Governance at last? Is it one world, the central bankers in charge?
Jim – Jim Iuorio you say we got a down side here, a correction in the markets, fine, but aren’t we all just living and dieing from what the Central Banks do? Aren’t we all just counting on the fact that there’s a Bernanke Put, put and we we won’t go any lower than say 5% down from here.
[Jim Iuorio – TJM Instititual Services Director] Source: LYBIO.net
Of course we are because when we look at the economic data there’s nothing to get excited about and that – so we – yesterday we some reluctance for the Bernake Fed to expand their balance sheets and pump more money in. But the stock market knows that reluctance is totally different than not willing to do it at all. And that’s why we saw oil – oil and plod and gold trade off heavily because they are not a protected class. The stock market starts trading off in the 10 to 15 percent area, the Chairman is gonna come in and throw some (stimulus at it). So to answer your question we are absolutely slaves to Central Bank because – and we’d love to be slaves to the economy but the economic numbers continue to do nothing but trend lower.
Mister (Jim) do we work for the Central Bankers?
[Jim Iuorio] Source: LYBIO.net
We have – we know
Mister ( ) do we work
We do – this is a free – we do – ah look. Markets are driven by policy now, they are not driven by market forces, they’re driven by fiscal cliffs, they’re driven by Central Bank proclamations, they’re driven by false rumors coming out of the ECB
( ) currency that’s watered down.
It’s really made it difficult for investors.
They continue to water our currency down so the markets go up and we feel good about it.
[Jim Iuorio] Source: LYBIO.net
Absolutely, but listen to what —-
Ya, and listen to what the Fed did this weekend, I think they really screwed up here. They said that we’re going to do this Operation Twister at the end of the year, in other words, they are gonna create uncertainty about what happens after Operation Twist, about the same time that the fiscal cliff kicks in. Do we really want that – do we really want that uncertainty? Source: LYBIO.net
Jim, Jim but we have to – we have to give the Fed a break here because the Fed realized that what they’re doing is probably gonna have very little economic effect. The only thing that can help is Fiscal and Policy changes
So the Fed – all they have is rock and stones left they’re just gonna throw them. They know that they’re probably not gonna do any good at all –
Gentlemen, Jim and Jim
Isn’t that – isn’t that-
– why we know there’s gonna be QE3, isn’t that why we know that ultimately that they’re be QE3 – so they can’t reign in fiscal spending so ultimately there will be
I’m banking on
I love what you said there Jim – that there will be
Jim ( ) which Jim – I’m not sure which one said this but we’re basically beholded at what the Central Bankers and Policy makers do rather than –
The fundamentals in the economy because we have not been able to generate real real growth without doing one of two things, that is debasing the currency or borrowing our way to a false prosperity – Jim – how do you invest under those circumstance?
Well your right
What’s the question there ( )
How do you invest under those circumstances?
You invest, because you remember that every Central Bank in the world, not just us, ultimately has to devalue their currency so you can’t keep – you gotta put your money in stuff ( ) ( ) kept you US with good balance sheets, to me, is the worlds tallest (loser) Source: LYBIO.net
Mr ( ) every major country holds gold, that tells me that it’s attractive, is it attractive to you with a watered down currency?
I – I (like gold) as well.
Eh-I-I, I think its very attractive both as a currency and a store value, I agree with Jim and ultimately your gonna want resources but volatility is gonna stay with us so I think if investors need to get used to trimming what they don’t like and having their portfolio on rallies and nibbling at what they do like on sell offs because these aren’t going away, the only good news here is that free markets will fight back, when we see bond riots in Spain and bond riots in Italy, those are free market forces fighting back and ultimately they’ll win because investors will ultimately walk away.
I think I heard him say he likes gold.
He did – he did say that
Jim and Jim the two Jim’s thank you very much and John interesting, I was at a conference this week and one of the most persuasive investors I talked to there, said that he felt that what you have to do right now, is buy things that are scarce, he said gold was scarce. Aggregates are scarce
CNBC Admits We’re All Slaves To Rothchild Central Bankers Global Government. So the Fed – all they have is rock and stones left they’re just gonna throw them. They know that they’re probably not gonna do any good at all. Complete Full Transcript, Dialogue, Remarks, Saying, Quotes, Words And Text.