Dollar drops to new lows against the Euro on talk of central bank sell off...
"There will
be a crash in the monetary doings of your government..."
“…the disaster back in the 1920's,
My children, was as nothing compared to what will happen now.”
LONDON - The dollar trawled record depths against the euro, hit by signs that central banks in Russia and elsewhere could step up sales of the ailing US currency to buy euros. The single European currency soared to a new record against the dollar, reaching 1.3178 dollars in late European trading. It was the third record high of the day, and the second straight day of record highs for the euro, which has been boosted by concerns about the US budget and current account deficits.
The euro then eased back, changing hands at 1.3174 dollars, against 1.3084 late on Tuesday in New York. The dollar fell to 102.89 yen from 103.30 on Tuesday. The dollar sell-off has gathered pace over the week as concerns over the US's twin deficits combined with talk the Russian Central Bank is reviewing the structure of its currency reserves away from the US currency. Whether or not Russia reduces the weight of the dollar in its foreign exchange reserves, analysts said the US currency will stay on the back foot so long as the US continues to record massive deficits on both the current account and the fiscal front.
"The dollar is friendless and in danger of freefall," said Neil Mackinnon, chief economist at ECU Group. As long as the market believes the US administration is following a policy of benign neglect, then the dollar will continue to fall whatever the European Central Bank and the Bank of Japan does to counter-act it, he added. In that scenario, not even strong US data can provide the dollar respite, with analysts now widely predicting the euro hitting 1.45 dollars and a two dollar pound is just around the corner. Meanwhile, there is even talk that the dollar could drop to 85 yen.
Though US durable goods orders data published Wednesday declined marginally
in October, there was continuing evidence of a jobs rebound and further strength
in the housing market. Despite this brighter US economic picture, the
dollar continues to slide in the currency markets against all its major rivals
in the wake of last weekend's G20 meeting of finance ministers and central
bankers. That meeting eliminated any expectation that there would be
concerted action to help stabilize the dollar.
That does not mean the European Central Bank or the Bank of Japan will not intervene in the markets to stem their respective currencies' appreciation against the dollar, but analysts said the chances of success are minimal given the market's over-arching dollar sentiment. "The market believes intervention will be ineffective, and there is now a strong view the ECB will not intervene, while the market waits for the BoJ to follow words with actions," said ECU Group's Mackinnon. The ECB's last foray onto foreign exchange markets was in late 2000, when it acted in coordination with other G7 countries to buy euros and sell dollars after the European currency plunged to a record low of 0.8230 dollars.
The BoJ is no stranger in the currency markets, having intervened on a regular basis over the last year to stem the yen's appreciation. The renewed bout of selling this week was sparked by comments from the Russian authorities hinting at plans to continue to switch their currency reserves into euros, to the detriment of the dollar. The euro was changing hands at 1.3174 dollars against 1.3084 late on Tuesday in New York, 135.52 yen (135.16), 0.7001 pounds (0.7000) and 1.5105 Swiss francs (1.5152). The dollar stood at 102.89 yen (103.30) and 1.1463 Swiss francs (1.1582). The pound was at 1.8824 dollars (1.8685), 193.65 yen (192.99) and 2.1578 Swiss francs (2.1645). On the London Bullion Market, the price of an ounce of gold stood at 448.60 dollars against 448.15 late on Tuesday.
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! . . .
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
D213 - Riches, Part 1
D214 - Riches, Part 2
D215 - Money
Links...
September 7 -- World monetary crash "One massive
depression"
(click here)
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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