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Dow enters bear territoryU.S. dollar under fire from all sides...

 

"There will be a crash in the monetary doings of your government..." - Our Lady of the Roses, September 7, 1985

 

Reuters reported on March 10, 2005:

The dollar extended its slide against most currencies on Thursday on concerns over global central bank reserve diversification, a widening U.S. trade deficit and this week's dive in bond prices.

Having slumped to multi-month lows against its major counterparts on Wednesday, the dollar suffered another blow on Thursday after Japanese Prime Minister Junichiro Koizumi told parliament that, generally speaking, diversity in foreign exchange reserves was a good thing.

The Ministry of Finance, which manages the world's largest foreign reserve holding of $840.6 billion, quickly clarified that it has no plans to shift funds out of the dollars.

"Although MoF quickly suggested that they had no plans to change now, the suspicion lingers that more Asian central bank diversifiers are to appear," wrote Goldman Sachs analysts in a research note on Thursday.

But the specter of diversification was raised again, putting pressure on the dollar again, much as had happened after South Korea's central bank mentioned the subject in a report last month.

Midafternoon in New York, the euro was up 0.4 percent at $1.3432 . The dollar was down 0.5 percent at 1.1528 Swiss francs . Against the Canadian dollar the U.S. dollar is buying C$1.2026, after a 0.3 percent decline.

The dollar was little changed to slightly higher against the yen at 104.06 yen , while sterling also little changed at $1.9231 .

The yen came under some selling pressure after weak Japanese core machinery orders. The euro rose to 140.00 yen earlier in the session for the first time this year.

Sterling managed to take the Bank of England's decision to kept interest rates unchanged at 4.75 percent largely in its stride.

"The 'diversification' word really spooked the market ... but the bond market selloff is weighing on the dollar big time," said Samarjit Shankar, director of global strategy at Mellon Bank in Boston. "The bond market is really adding that extra piece of weight on the dollar right now."

The price of U.S. Treasuries have fallen steeply this week, pushing the yield on the 10-year note up to 4.57 percent overnight (US10YT=RR) , its highest level since July last year.

Though now down at around 4.48 percent on Thursday,, they have broken convincingly through key technical levels that have been intact for several months.

Thursday, a new auction attracted average demand with indirect bidders, including investors and foreign central banks, picking up 11 percent of the issue. That compares with 29 percent in the original sale last month but better than the 10 percent seen at the last reopening.

The rise in bond yields is sometimes seen as a supportive factor for a currency, as it offers investors a higher rate of return relative to other fixed income markets.

But not in this instance.

Both the diversification and bond weakness themes aren't constructive for the dollar, say UBS currency analysts.

"The markets fear that dollar selling by Asian central banks plus less buying of US Treasuries will cause higher U.S. interest rates and lower capital inflows, to the detriment of the dollar globally," they wrote in a research note on Thursday.

"We also suggest investors need to watch very carefully the sharp sell-off in U.S. bond markets generally," they added.

 

"The disaster back in the 1920's, My children, was as nothing compared to what will happen now.” - Jesus, October 1, 1988

Our Lady of the Roses awesome Bayside Prophecies... https://www.tldm.org/../Bayside/
These prophecies came from Jesus, Mary, and the saints to Veronica Lueken at Bayside, NY, from 1968 to 1995.

A massive World Monetary Depression . . .
    Our Lady - "My child and My children, the days will grow darker, and there will be hunger in your land. Yes, My child, what I brought you here for this evening is to tell the world that there will be a crash in the monetary doings of your government—an absolute crash that will affect every man, woman, and child in the United States and Canada, and then, like a serpent, creep all over Europe, until the world sees one big, massive depression. I can illustrate to you, My children, what I mean by this monetary depression.
    "Should you go and wish to buy a small instrument, even a guitar, that We hear plucking away at the dervishly, and devilry, of what is called the musical Mass, strung by guitars, and other creations of satan.  My child, I go on to tell you, you will say that the guitar is not a costly item, but in order to buy this guitar you will carry an actual satchel, an overnight bag-size, My child—let Us put it that way clearly—of notes, your currency.  It will take a whole suitcase of paper—paper money that no longer has a value. You will soon be reduced to bartering for your food.
    "My child, I know you are affrighted at this word 'war'; 'death', 'turmoil', 'depression', but what can I do but tell you the truth.  I cannot smooth over it, for I would be accepted like those upon earth who like ostriches, they walk about, proud in their scientific knowledge." (9-7-85)

A Godless Nation shall fall! . . .graphic
Our Lady -
"Without My Son you are lost. A godless nation shall fall. A nation that has been eaten away and rotted by sin shall fall. A nation that has turned itself back and regressed to a state of animal living bordering on all sins of the flesh and impurity; given over to all manner of seeking things of the world; power, lust, envy, hate, murders, abortions, worship of false idols; loving money, power, and lacking the instinct of survival when survival can only be reached by pleading from them to the merciful heart of the Eternal Father." (6-13-81)

A planned Great Depression . . .
    Jesus - "My child and My children, pray a constant vigilance of prayer.  Keep this going throughout the United States and all of the nations of the world, for there is little time left. Soon, in the plans of the Eternal Father, He shall set forth and allow to come upon mankind, a great money disaster.  In this way it will prove to you that the disaster back in the 1920's, My children, was as nothing compared to what will happen now.  I talk of a great depression coming upon mankind." (10-1-88)


Destruction of the World Monetary Systems . . .

    Our Lady - "You will understand and broadcast the message to the world that there will be a great destruction in the monetary systems of the world.  It will affect both the
United States and Canada, and all the great powers of the world. And I repeat again:  You will go to your stores to do your shopping carrying papers which may as well be newspapers, for the value they will have to purchase even food will be nil.
    "How can a great country like the United States fall, you say, My child?  You ask Me in your heart. I read your heart.  I will tell you why. Because they have given themselves over to satan.  When a country has lost its morality and seeks the pleasures of the flesh, giving over, themselves over, to all manner of abominations, like homosexuality, and condoning this up the highest courts of the land, then that country shall fall." (11-1-85)

Gathering of the world's money to control the masses . . .
    Jesus
- "Man shall not create a new world as he seeks.  For there cannot be a lasting world without His God.  And I speak not of the false idols and gods that man creates in his human nature!  There is only one Creator.
    "You who cast aside this knowledge and choose to set yourselves up by power and the gathering of the world's money to control the masses, you will find that all of your power and all of your volumes of gold and silver cannot hold back the heavens as they descend upon you in a just chastisement.  The world, the earth shall tremble, fear shall come upon mankind as he watches the approach of the destruction that he himself has chosen to set loose." (
2-10-78)

Evil Force like an Octopus . . .
    Our Lady - "There is a great evil force now enshrouding your world; it is like an octopus reaching out in every direction to ensnare the world.  It is a force of evil set up by satan.  There are many arms of the octopus controlled by the monies of the world.
    "For the love of money and riches, many will sell their souls to get to the head. O My children, what do you gain if you gather all of the riches of the world and destroy your soul. When you come over the veil, and you will come over the veil, what will you bring with you - nothing of the material.  You must gather your riches in Heaven now.  They are supernatural: the graces, the merits that will allow you to enter into the Kingdom of
your God." (6-24-76)

The Illuminati . . .
    Our Lady - "There is a group in the United States and the world, a group that started many years ago, calling itself the Illuminati, coming from the word 'light bearer'. Naturally, My children, this light that they bear stands for Lucifer, and as such they have gone through the world secretly known as Luciferians.  They have brought into your country, the United States, and your neighbor Canada, a group of witchcraft practices.  Well have they laid their plan to destroy your children with drugs, using your school systems, your medias of communication, your newspapers, your televisions, your radios: every means of communication has been infiltrated by the member and sub-members of the Illuminati, a conglomeration of individuals and powers and principalities throughout the world, and banking systems.  As you well know, My children, money has always been the root of all evil, and many have sold their souls to get to the head.

You are worshiping idols . . .
    Jesus -
"My children, you must change your values back to the plan of your God. As a nation, as a country, as in many countries throughout the world, you have become paganized and immoral.  My children, it is the gauge for the fall of mankind: immorality and paganism.  No nation shall stand without its God, the God in Heaven.
    "Man is creating many new god, god to feed his human nature; and it a basic carnal nature. Idolaters abound. When you worship in abundance, things, My children, you are worshiping idols! If you spend your time gathering things, money, power, you are worshiping idols. Remove yourself from these worldly pursuits.
     "It is a narrow road to the kingdom of your God, Heaven.  Many are called but few are chosen.  The road with satan is wide.  Many walk it and can never leave, because there are too few prayers said for them and by them.
    "Nothing is impossible to your God.  Man shall never reach the highest pinnacle of Heaven in knowledge." (
3-18-78)

Many will sell their souls to get to the head . . .
    Our Lady
- "The road to Heaven, My children, is a narrow one; too few stay upon it.  For they are often carried away with the cares of the world, and the pleasures of the materialistic pursuits, and their gathering of money and prestige and power.  For what?  For the few short years allotted to each human upon earth.  I ask you to ask yourself: is it worth it to lose your soul?  Many will sell their souls to get to the head." (11-20-79)

Gather your Graces . . .
    Jesus
- "You cannot accept two masters. One you will love, and the other you will learn to hate. And remember, My children, where your treasures are, your heart will always lie. And better that you gather your treasures in a place where there is neither rusting, nor attacks by moths, and robbers cannot take them from you. Store your treasures in Heaven, My children. Gather your graces. You must ransom your soul and the souls of your children, your households. Do not wait expecting to be repatriated at the last moment, My children. Many are coming across the veil unprepared, and, sadly, they cannot be accepted into the Kingdom." (8-5-77)

Store canned goods, water and blankets . . .
    Our Lady - "My children, I caution you now, and I wish that you remember these instructions from several years ago in earth's time that I gave to you, to keep in your homes a good supply of canned good.  They have shelf value, My children, they will not spoil. But better that you keep them and they spoil than to have come upon you the great Chastisement.  It will be a ball of fire which will ignite many of the chemicals that are being stored up for the destruction of the nations.
    "My children, not only with the canned foods will you store just food, but you must also make known to your families and your friends that they had best keep blankets and water in tight containers; for there will be on the onset of the Chastisement, there will be nothing that you can buy due to contamination." (7-1-85)

Directives from Heaven... https://www.tldm.org/directives/directives.htm

D145 - Materialism  PDF Logo PDF
D213 - Riches, Part 1   PDF Logo PDF
D214 - Riches, Part 2   PDF Logo PDF
D215 - Money   PDF Logo PDF

 Links...

  September 7 -- World monetary crash "One massive depression" (click here)Eve of the Feast of the Nativity of Our Lady - 9/7/85

 

Articles…


IMF Researchers: US Budget Gaps Endanger Global Economy
http://news.yahoo.com/news?tmpl=story2&cid=808&u=/dowjones/20040107/bs_dowjones/200401071721001228&printer=1

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