JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
CHINA DEVALUES CURRENCY FOR AMERICAN INTEREST RATE RISE SPECULATION
http://israndjer.blogspot.ca/2015/08/imf-its-premature-to-say-china-is.html
http://israndjer.blogspot.ca/2015/08/10-currencies-that-may-follow.html
http://israndjer.blogspot.ca/2015/08/11-chinese-banks-ask-for-bailouts.html
http://israndjer.blogspot.ca/2015/08/north-korea-threatens-us-what-china.html
http://israndjer.blogspot.ca/2015/08/what-kinda-story-is-this-america-used.html
http://israndjer.blogspot.ca/2015/08/112-now-dead-722-injured-in-china-port.html
http://israndjer.blogspot.ca/2015/08/china-devalues-currency-for-3rd-day.html
http://israndjer.blogspot.ca/2015/08/china-currency-wars-angers.html
http://israndjer.blogspot.ca/2015/08/china-devalues-currency-for-second-day.html
http://israndjer.blogspot.ca/2015/08/china-devalues-its-currency-stocks-fall.html
GREECE NEWS
http://israndjer.blogspot.ca/2015/08/typhoons-fires-koreas-talk-planned.html
http://israndjer.blogspot.ca/2015/08/tsipras-resigns-for-greece-elections.html
http://israndjer.blogspot.ca/2015/08/china-says-it-arrested-15000-people-for.html
http://israndjer.blogspot.ca/2015/08/russia-and-nato-rehearsing-for-war.html
http://israndjer.blogspot.ca/2015/08/at-least-56-dead-720-injured-in-chinese.html
http://israndjer.blogspot.ca/2015/08/greece-lenders-clinch-bailout-deal.html
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
Dubai, Saudi markets lose 7 percent after oil price dip-Dubai, Saudi equity markets lose 7 percent as trading week opens after slide in oil prices-Associated Press By Aya Batrawy, Associated Press-AUG 23,15-YAHOONEWS
DUBAI, United Arab Emirates (AP) -- Stock markets in Saudi Arabia and Dubai closed around 7 percent lower on Sunday on the back of a further slide in oil prices.Dubai's main index closed 6.96 percent lower on its opening day of trading for the week. Saudi Arabia's Tadawul, the region's largest index, lost 6.86 percent. Other Mideast indexes, which trade from Sunday to Thursday, also tumbled. Egypt's main index, the EGX30, dropped 5.4 percent while Abu Dhabi's index dropped 5 percent.Sunday was the first day of trading in the Middle East after Brent crude, a benchmark for international oil, fell more than a dollar to close Friday at $45.46 while the price of U.S. crude closed at $40.45.Oil futures have been falling for eight consecutive weeks because of ample supplies of crude and a slowing global economy. Prices have fallen almost 60 percent since this time last year.Sherif Aziz, an analyst at Mubasher Trade, said there are also growing concerns about a slowdown in China, which announced a devaluation of its currency, the yuan. Concerns about slowing growth in the world's second-largest economy shook markets around the world and drove the U.S. stock market to its biggest drop in nearly four years on Friday.The tumble in the Saudi stock also comes after the Fitch ratings agency revised its outlook for the country from "stable" to "negative" in its foreign and local currency issuer default rating. It cited concerns over the impact of lower oil prices and increased spending on the government deficit, which is expected to widen in 2015. Saudi Arabia's revenues are almost entirely dependent on the sale of oil.On Dubai's main index, Dubai Investments and investment developer Union Properties lost 10 percent. Real estate developer Damac and construction company Arabtec both closed 9.6 percent lower, while another major developer, Emaar Properties, tumbled 8.3 percent.___Associated Press writer Fay Abuelgasim contributed to this report.
Asia braces for selloff on tanking US markets| @SeeKit_T-CNBC.com-AUG 23,15-KIT TANG
Asian stocks are bracing for another sell-off on Monday, tracking the meltdown in global equity markets, amid fears of a China-led economic slowdown.Meanwhile, China allowed pension funds managed by local governments to invest in the stock market for the first time over the weekend, potentially channeling hundreds of billions of yuan into the country's struggling equity market.Trading in stock futures suggests a dismal start for Japan's Nikkei 225 index. Chicago and Osaka futures traded at 18,890 and 19,080, both below the index's previous close of 19,435.Australian stocks will likely fall below Friday's eight-month closing low, as local futures plunged 2.1 percent to 5,058, a 156-point discount to the underlying S&P ASX 200 index.New Zealand shares slumped nearly 2 percent in early trade.Symbol-Name-Price-Change-%Change-NIKKEI Nikkei 225 Index 19435.83---UNCH 0%-HSI Hang Seng Index 22409.62-- UNCH 0%-ASX 200 S&P/ASX 200 5214.60---UNCH 0%-SHANGHAI Shanghai Composite Index 3507.74---UNCH 0%-KOSPI KOSPI Index 1876.07---- UNCH 0%-CNBC 100 CNBC 100 ASIA IDX 6629.01-6.35 0.10%-Wall Street finished deep in the red on Friday as global growth concerns accelerated selling pressure to push the blue-chip Dow Jones Industrial Average and tech-heavy Nasdaq into correction territory.The Dow and the S&P 500 ended 3.12 percent and 3.19 percent down respectively, while the Nasdaq Composite lost 3.5 percent. On Friday, the major averages had their biggest trade volume day of the year and posted their worst week in four years.
Stock Rout Was Inevitable And Will Worsen Says Leuthold’s Ramsey-Joseph Ciolli-August 23, 2015 — 4:11 PM EDT-bloomberg
Doug Ramsey, whose quantitative research into market breadth, valuation and investor sentiment foreshadowed the drubbing in American stocks last week, says the selling will get worse.The chief investment officer of Leuthold Weeden Capital Management LLC predicted Sunday that losses in the Standard & Poor’s 500 Index could reach 20 percent. Last week’s decline left the benchmark index down 7.5 percent from its May record.“It’s going to be pretty deep,” Ramsey said in a telephone interview. “We’re in the camp that this is not yet a big move. It’s scary, and those last two day trends look ugly.”A report by the Minneapolis-based money management firm predicted in early August that the “next big move in stocks should be down” as industries and individual shares peeled away from the 6 1/2-year-old bull market. Should the current plunge worsen, the Federal Reserve would probably postpone raising interest rates, he said.“The Fed didn’t put any bullets back in the revolver when they had the chance,” Ramsey said. “I have to believe that if the correction exceeds 10 percent, we’ll start to hear talk of QE4, and any discussion of the first fed funds rate hike would be tabled.”U.S. shares posted their biggest declines since 2011 last week as losses in commodities and signs China’s economy is slowing pushed the S&P 500 out of a trading range that had provided support all year. The gauge fell 5.8 percent in five days as the Dow Jones Industrial Average capped a 10 percent tumble since May.-Encroaching Dread-The plunge followed weeks of encroaching dread, with data showing clients of mutual and exchange-traded funds had pulled $78.8 billion from U.S. shares in the first seven months of 2015, more than in any full year since at least 1993. A Citigroup Inc. gauge of momentum stocks that had been beating the market 10-fold through July had its first losing week since early June From Aug. 10-14.Forecasts from the 49-year-old Ramsey have been more prescient than most over the course of the bull market, which began in March 2009 and is now in danger of faltering. In July 2013 he said bearish predictions about U.S. equities were misguided and the market was likely to keep rising. Shares rose 22 percent over the next 19 months.Central to Ramsey’s research has been a theory that benchmark indexes are likely to hold their momentum as long as gains are spread evenly around industries and companies. That was the case for the first five years of the current rally, a period when everything from small caps to bank stocks and transportation companies climbed.-Altered View-Ramsey, a one-time academic all-America baseball player for Coe College in Cedar Rapids, Iowa, started altering his view in late 2014 as market breadth weakened and U.S. shares in October suffered what was at the time the worst rout since 2011.He turned all-out bearish at the start of August, noting that a record high in the S&P 500 in May had failed to pull gauges of breadth, transportation stocks, utilities and corporate bonds along with it.“The bull market has ground on for so long that it’s tempting to ignore these internal warnings,” he wrote at the time. “But the past six weeks represent the first period since 2008-2009 that all four series have simultaneously been in 40-week downtrends.”At the start of last week, the Dow Jones Transportation Index was down almost 9 percent in 2015, trailing the 30-stock industrial gauge by 7 percentage points. The Dow Jones Corporate Bond Index had fallen almost 3 percent.-‘Bear Paws’-“The scope of the deterioration really has a lot of bear paws on it -- all of action here from arguably Dec. 29 of last year forward, when the transports topped,” he said Sunday. We’re concerned and we’re certainly not thinking about buying the bounce here.’’While not eschewing forecasts based on trends like hiring and housing starts, Ramsey work is more apt to draw conclusions on the economy based on signals sent by markets. For instance, when fewer and fewer stocks are propping up the S&P 500, it’s evidence that growth is weakening around the country.Only 15 companies in the S&P 500 advanced last week, led by gold producer Newmont Mining Corp. Twenty-nine slid 10 percent or more, from Morgan Stanley to Under Armour Inc. to Netflix Inc., which saw its 2015 gain cut to 113 percent from 153 percent.Two industries in the S&P 500 are now down more than 10 percent in 2015, commodity and energy producers, while industrial stocks are close behind with a 9 percent loss. Just two hold gains year to date -- health-care and consumer stocks - - although both saw their rallies cut in half last week.“It wouldn’t surprise me if we got an encouraging rally here that brings people on-board with the idea of taking more of them down with another vicious down-leg,” Ramsey said. “Our idea would be to sell rallies.”
Could China's Yuan Devaluation Spark a New Financial Crisis?-Bloomberg News-August 23, 2015 — 12:01 PM EDT-bloomberg
Asia’s biggest economy is slowing, the Federal Reserve is about to kick off an interest rate tightening cycle, and China has just devalued its currency.That chain of events back in 1994 eventually touched off a round of competitive currency devaluations that helped trigger the Asian financial crisis, featuring bank and corporate failures and recessions across much of the region.Is the current market turmoil foreshadowing yet another region-wide bust? There are certainly parallels, but important differences as well. This time around, Asian economies have stronger current account balances, fiscal positions and foreign exchange reserves that provide a thicker buffer against turbulence.Risks are building nonetheless as China’s surprise yuan policy U-turn on Aug. 11 sends ripples across the globe from Vietnam to Kazakhstan and threatens vulnerable emerging market economies from Brazil to Turkey.China’s yuan devaluation comes on top of a steep slowdown in the world’s second-biggest economy and Asia’s biggest (Japan was No. 1 back in 1994) and a commodities slump that is hurting nations from Brazil to Australia, Malaysia and South Africa. Chinese companies now threaten to displace exports from Asian and emerging market competitors just as the U.S. Federal Reserve prepares to raise interest rates for the first time since the global financial crisis.“A nasty storm is probable, not just possible” in countries like Brazil and South Africa, said Stephen Jen, co-founder of London-based hedge fund SLJ Macro Partners LLP. “But I do not anticipate a crisis or even very tense moments in Asia. The main reason is that the Asian Crisis of 1997 already cleansed Asia’s financial system and Asia’s resilience ought to be higher.”-Growth Miracle-Before 1994, Asia was the darling of the investment world and viewed by some as a late-20th century growth miracle. That euphoria didn’t last long.China’s devaluation 21 years ago is often cited as a proximate cause to the subsequent emerging markets crisis, while the Fed rate rise the same year was the trigger, according to Lombard Street Research.This year, China’s surprise currency move has prompted Vietnam to devalue the dong. Kazakhstan’s currency tumbled more than 20 percent against the dollar last Thursday when the country relinquished control of its exchange rate. The South African rand and Turkey’s lira have extended losses.The Asian crisis was about indefensible currency pegs to the dollar, inadequate foreign exchange reserves, and heavy exposure to hot money inflows, says Stephen Roach, a senior fellow at Yale University.-Dollar Debt-Today’s circumstances are different on the first two counts. Yet there’s one disturbing similarity: China’s exposure to about $1 trillion of dollar-denominated bank debt as the yuan carry trade starts to unwind after the People’s Bank of China’s devaluation, said Roach, who was chief global economist for Morgan Stanley during Asia’s financial crisis.A weaker local currency adds to the debt burden for China’s already pressured companies, who’ll now have to pay more yuan for their U.S. dollar repayments.Asia also faces a new vulnerability, the sheer dependence of regional economies on a China that is decelerating, said Roach. In the mid-1990s, the robust U.S. economy was the main buyer of products from the region.“That means as Chinese exports sag —- and they are falling quite significantly now (minus 8.3 percent year-on-year in July) —- it spells trouble for the rest of China-dependent Asia,” said Roach.-Weaker Yuan-The yuan will fall to 6.5 against the dollar by the end of this year and 6.9 at the end of 2016, bringing it close to a 10 percent depreciation, according to Bank of America Merrill Lynch.Jen estimates that a 10 percent depreciation in the yuan will create 5 to 20 percent moves in the rest of Asia.In Asia, Vietnam, Thailand, South Korea and Malaysia are more vulnerable to the devaluation, while in Europe Hungary and Poland are at risk and Turkey may suffer the most, according to Lombard Street Research economist Shweta Singh in London.Not everyone agrees Asia is primed for another crisis. The idea the yuan devaluation then triggered a sequence of events that culminated in a crisis is “the old canard that just won’t be slaughtered,” said David Loevinger, a former China specialist at the U.S. Treasury who is now an analyst at fund manager TCW Group Inc. in Los Angeles.-More Flexibility-The yuan devaluation of a generation ago was more symptomatic of other problems facing the region at the time and not a causal trigger of the ensuing crisis, said Glenn Maguire, a Singapore-based economist at Australia & New Zealand Banking Group Ltd. Because Asian currencies are no longer rigidly pegged to the dollar, as many nations hit hardest in the last crisis were, the region now has a greater ability to adjust to changing circumstances, he said.The outlook for U.S. monetary policy is also very different. While the Fed raised rates aggressively in 1994, a worsening outlook for global growth and an appreciating dollar means the probability of an increase in interest rates next month has fallen below 50 percent, Credit Suisse Group AG says.The parallels with this year include vulnerabilities in “a bunch of the emerging world countries,” including the whole of Latin America, Turkey and South Africa, said Shane Oliver, head of investment strategy at fund manager AMP Capital Investors Ltd. in Sydney, which oversees about $114 billion.“China has set the cat among the pigeons,” he said.
Asia Braces for More Market Turbulence-Emma O'Brien Adam Haigh-Updated on August 23, 2015 — 7:27 PM EDT-bloomberg
Investors prepared for another day of selling in risky assets with Asian regulators moving to shore up their equity markets as demand for haven investments swelled.U.S. index futures fell at least 0.9 percent as trading got under way for the week, indicating the rout that sent the Dow Jones Industrial Average into a correction Friday may have further to run. Stocks in New Zealand, the first major market to open in the Asian region, slid the most since 2011, while Treasury futures jumped with the yen. Oil extended its tumble.“There’s some craziness going on this morning and futures are already showing people are wanting to get out, again,” Chris Weston, chief market strategist at IG Ltd. in Melbourne, said by phone. “You’ve got to be a very brave man or woman to be buying dips in these markets. Catching the proverbial knife comes into play at the moment.”Taiwan curbed short selling of borrowed stocks at the weekend, while China allowed pension funds to buy shares for the first time as policy makers seek to stymie a selloff that saw equities from Hong Kong to Indonesia enter bear markets on Friday. More than $3 trillion has been wiped from the value of global stocks since China unexpectedly devalued the yuan, igniting a wave of concern over world growth amid angst over U.S. monetary tightening plans and the downward trend in oil.Standard & Poor’s 500 Index futures fell 0.9 percent to 1,954 by 8:27 a.m. Tokyo time, with contracts on the Dow down 1 percent. Nikkei 225 Stock Average futures retreated 0.6 percent in Chicago, as the yen climbed to a six-week high. Gold extended gains into a sixth day, while U.S. crude lost 0.9 percent after briefly breaching $40 a barrel last week.-Get Worse’-Global stocks slid to their weakest level since October 2014 on Friday as anxiety over emerging-market losses infected U.S. markets. Junk bond yields jumped to an almost three-year high, while Treasuries posted their best weekly gain in five months as investors favored safer assets. Ongoing concern over a global glut stoked oil’s retreat, which saw New York-traded crude cap its longest run of weekly declines since 1986.“Things are probably going to get worse before they get better,” Nader Naeimi, the Sydney-based head of dynamic asset allocation at AMP Capital Investors Ltd., which oversees about $118 billion, said by phone. “You really need rate cuts and more policy easing in China. In the meantime, things can get worse. We’ve got to see more clarity around the Fed.”-Asian Futures-Asian index futures signaled losses across the board, with contracts on Australia’s S&P/ASX 200 Index sliding 2.1 percent in most recent trading, and futures on the Kospi index in Seoul losing 1.8 percent. South Korea’s finance ministry said it will act “pre-emptively” in the market after the country’s largest exchange-traded fund saw the biggest weekly withdrawal since its inception 15 years ago.Futures on Hong Kong’s Hang Seng Index sank 2 percent after the gauge’s 1.5 percent slump on Friday left it down 21 percent from its April peak, the common definition of a bear market. Contracts on the Hang Seng China Enterprises Index, which tracks mainland Chinese shares listed in the city, fell 1.7 percent in recent trade, after the index sank 7.8 percent last week, its worst weekly performance since September 2011.FTSE China A50 Index futures were down 0.9 percent in Singapore, and contracts on the Shanghai Shenzhen CSI 300 Index tumbled 3.3 percent. Futures on Taiwan’s Taiex index tumbled 2.9 percent on Friday. Indonesian and Indian index futures declined at least 1.2 percent.-China Curbs-Anxiety over China’s faltering economy has fueled ructions in global markets a number of times this year, with a rout in the nation’s equities sparking declines from Asia to the U.S. last month. The Shanghai Composite Index appeared to resume that downward trend last week, sliding more than 11 percent for its worst slump since the start of July.China’s securities regulator also said over the weekend that it will penalize major shareholders in publicly traded companies for violating rules limiting stake sales. Major investors at 20 companies constitute the list of offenders, according to a statement from the body. It wasn’t specified what the penalties would be.Saudi Arabia’s Tadawul All Share Index joined some Asian benchmarks in a bear market Sunday, capping a more than 20 percent slide from its 2015 high reached in April. Dubai’s DFM General Index saw its steepest drop of the year, while Egypt’s EGX 30 Index sank the most since November 2012, signaling more-Commodities-Commodities looked to be heading for a declining day, with West Texas Intermediate crude dropping to $40.08 a barrel. Futures slid to as low as $39.86 on Friday, the first time WTI has fallen below the $40 mark since 2009. Brent oil lost 0.5 percent to $45.25 a barrel on Monday.Copper futures due in December sank 1 percent on the Comex, falling to $2.2765 a pound after last week’s 2.3 percent drop. The Bloomberg Commodity Index lost 2.8 percent last week in its seventh straight decline, as coffee to industrial metals and livestock dominated declines.-Gold for immediate delivery added 0.1 percent to $1,161.85-Futures on 10-year Treasury notes climbed to their highest level since April on Monday, as Australian and New Zealand bonds tracked the gains. Yields on Australian notes due in a decade fell six basis points, or 0.06 percentage point, to 2.53 percent, while similar maturity New Zealand debt yielded 3.19 percent, down two basis points.-Currencies- In the currency markets, the yen was up 0.4 percent in a fourth day of gains, trading at 121.52 per dollar. Australia’s dollar weakened0.7 percent with its New Zealand’s counterpart. Both countries rely heavily on the commodities trade and on exporting goods to China. The yuan was little changed at 6.4522-Equity-market volatility surged in the U.S. Friday as the Standard & Poor’s 500 Index slid 3.2 percent to cap its worst week since September 2011. The index is down more than 7 percent from a record after sinking below a trading range that has supported it for most of the year. The Dow fell more than 500 points, and is down 10 percent from its record high reached in May.Before last week, U.S. stocks had held their ground throughout 2015. The S&P 500 had stayed within a range roughly tracking its 50-, 100- and 200-day moving averages, boosted by signs the U.S. economy is recovering and support from central banks. The benchmark index hadn’t had a decline of more than 5 percent all year.
CHINA DEVALUES CURRENCY FOR AMERICAN INTEREST RATE RISE SPECULATION
http://israndjer.blogspot.ca/2015/08/imf-its-premature-to-say-china-is.html
http://israndjer.blogspot.ca/2015/08/10-currencies-that-may-follow.html
http://israndjer.blogspot.ca/2015/08/11-chinese-banks-ask-for-bailouts.html
http://israndjer.blogspot.ca/2015/08/north-korea-threatens-us-what-china.html
http://israndjer.blogspot.ca/2015/08/what-kinda-story-is-this-america-used.html
http://israndjer.blogspot.ca/2015/08/112-now-dead-722-injured-in-china-port.html
http://israndjer.blogspot.ca/2015/08/china-devalues-currency-for-3rd-day.html
http://israndjer.blogspot.ca/2015/08/china-currency-wars-angers.html
http://israndjer.blogspot.ca/2015/08/china-devalues-currency-for-second-day.html
http://israndjer.blogspot.ca/2015/08/china-devalues-its-currency-stocks-fall.html
GREECE NEWS
http://israndjer.blogspot.ca/2015/08/typhoons-fires-koreas-talk-planned.html
http://israndjer.blogspot.ca/2015/08/tsipras-resigns-for-greece-elections.html
http://israndjer.blogspot.ca/2015/08/china-says-it-arrested-15000-people-for.html
http://israndjer.blogspot.ca/2015/08/russia-and-nato-rehearsing-for-war.html
http://israndjer.blogspot.ca/2015/08/at-least-56-dead-720-injured-in-chinese.html
http://israndjer.blogspot.ca/2015/08/greece-lenders-clinch-bailout-deal.html
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
Dubai, Saudi markets lose 7 percent after oil price dip-Dubai, Saudi equity markets lose 7 percent as trading week opens after slide in oil prices-Associated Press By Aya Batrawy, Associated Press-AUG 23,15-YAHOONEWS
DUBAI, United Arab Emirates (AP) -- Stock markets in Saudi Arabia and Dubai closed around 7 percent lower on Sunday on the back of a further slide in oil prices.Dubai's main index closed 6.96 percent lower on its opening day of trading for the week. Saudi Arabia's Tadawul, the region's largest index, lost 6.86 percent. Other Mideast indexes, which trade from Sunday to Thursday, also tumbled. Egypt's main index, the EGX30, dropped 5.4 percent while Abu Dhabi's index dropped 5 percent.Sunday was the first day of trading in the Middle East after Brent crude, a benchmark for international oil, fell more than a dollar to close Friday at $45.46 while the price of U.S. crude closed at $40.45.Oil futures have been falling for eight consecutive weeks because of ample supplies of crude and a slowing global economy. Prices have fallen almost 60 percent since this time last year.Sherif Aziz, an analyst at Mubasher Trade, said there are also growing concerns about a slowdown in China, which announced a devaluation of its currency, the yuan. Concerns about slowing growth in the world's second-largest economy shook markets around the world and drove the U.S. stock market to its biggest drop in nearly four years on Friday.The tumble in the Saudi stock also comes after the Fitch ratings agency revised its outlook for the country from "stable" to "negative" in its foreign and local currency issuer default rating. It cited concerns over the impact of lower oil prices and increased spending on the government deficit, which is expected to widen in 2015. Saudi Arabia's revenues are almost entirely dependent on the sale of oil.On Dubai's main index, Dubai Investments and investment developer Union Properties lost 10 percent. Real estate developer Damac and construction company Arabtec both closed 9.6 percent lower, while another major developer, Emaar Properties, tumbled 8.3 percent.___Associated Press writer Fay Abuelgasim contributed to this report.
Asia braces for selloff on tanking US markets| @SeeKit_T-CNBC.com-AUG 23,15-KIT TANG
Asian stocks are bracing for another sell-off on Monday, tracking the meltdown in global equity markets, amid fears of a China-led economic slowdown.Meanwhile, China allowed pension funds managed by local governments to invest in the stock market for the first time over the weekend, potentially channeling hundreds of billions of yuan into the country's struggling equity market.Trading in stock futures suggests a dismal start for Japan's Nikkei 225 index. Chicago and Osaka futures traded at 18,890 and 19,080, both below the index's previous close of 19,435.Australian stocks will likely fall below Friday's eight-month closing low, as local futures plunged 2.1 percent to 5,058, a 156-point discount to the underlying S&P ASX 200 index.New Zealand shares slumped nearly 2 percent in early trade.Symbol-Name-Price-Change-%Change-NIKKEI Nikkei 225 Index 19435.83---UNCH 0%-HSI Hang Seng Index 22409.62-- UNCH 0%-ASX 200 S&P/ASX 200 5214.60---UNCH 0%-SHANGHAI Shanghai Composite Index 3507.74---UNCH 0%-KOSPI KOSPI Index 1876.07---- UNCH 0%-CNBC 100 CNBC 100 ASIA IDX 6629.01-6.35 0.10%-Wall Street finished deep in the red on Friday as global growth concerns accelerated selling pressure to push the blue-chip Dow Jones Industrial Average and tech-heavy Nasdaq into correction territory.The Dow and the S&P 500 ended 3.12 percent and 3.19 percent down respectively, while the Nasdaq Composite lost 3.5 percent. On Friday, the major averages had their biggest trade volume day of the year and posted their worst week in four years.
Stock Rout Was Inevitable And Will Worsen Says Leuthold’s Ramsey-Joseph Ciolli-August 23, 2015 — 4:11 PM EDT-bloomberg
Doug Ramsey, whose quantitative research into market breadth, valuation and investor sentiment foreshadowed the drubbing in American stocks last week, says the selling will get worse.The chief investment officer of Leuthold Weeden Capital Management LLC predicted Sunday that losses in the Standard & Poor’s 500 Index could reach 20 percent. Last week’s decline left the benchmark index down 7.5 percent from its May record.“It’s going to be pretty deep,” Ramsey said in a telephone interview. “We’re in the camp that this is not yet a big move. It’s scary, and those last two day trends look ugly.”A report by the Minneapolis-based money management firm predicted in early August that the “next big move in stocks should be down” as industries and individual shares peeled away from the 6 1/2-year-old bull market. Should the current plunge worsen, the Federal Reserve would probably postpone raising interest rates, he said.“The Fed didn’t put any bullets back in the revolver when they had the chance,” Ramsey said. “I have to believe that if the correction exceeds 10 percent, we’ll start to hear talk of QE4, and any discussion of the first fed funds rate hike would be tabled.”U.S. shares posted their biggest declines since 2011 last week as losses in commodities and signs China’s economy is slowing pushed the S&P 500 out of a trading range that had provided support all year. The gauge fell 5.8 percent in five days as the Dow Jones Industrial Average capped a 10 percent tumble since May.-Encroaching Dread-The plunge followed weeks of encroaching dread, with data showing clients of mutual and exchange-traded funds had pulled $78.8 billion from U.S. shares in the first seven months of 2015, more than in any full year since at least 1993. A Citigroup Inc. gauge of momentum stocks that had been beating the market 10-fold through July had its first losing week since early June From Aug. 10-14.Forecasts from the 49-year-old Ramsey have been more prescient than most over the course of the bull market, which began in March 2009 and is now in danger of faltering. In July 2013 he said bearish predictions about U.S. equities were misguided and the market was likely to keep rising. Shares rose 22 percent over the next 19 months.Central to Ramsey’s research has been a theory that benchmark indexes are likely to hold their momentum as long as gains are spread evenly around industries and companies. That was the case for the first five years of the current rally, a period when everything from small caps to bank stocks and transportation companies climbed.-Altered View-Ramsey, a one-time academic all-America baseball player for Coe College in Cedar Rapids, Iowa, started altering his view in late 2014 as market breadth weakened and U.S. shares in October suffered what was at the time the worst rout since 2011.He turned all-out bearish at the start of August, noting that a record high in the S&P 500 in May had failed to pull gauges of breadth, transportation stocks, utilities and corporate bonds along with it.“The bull market has ground on for so long that it’s tempting to ignore these internal warnings,” he wrote at the time. “But the past six weeks represent the first period since 2008-2009 that all four series have simultaneously been in 40-week downtrends.”At the start of last week, the Dow Jones Transportation Index was down almost 9 percent in 2015, trailing the 30-stock industrial gauge by 7 percentage points. The Dow Jones Corporate Bond Index had fallen almost 3 percent.-‘Bear Paws’-“The scope of the deterioration really has a lot of bear paws on it -- all of action here from arguably Dec. 29 of last year forward, when the transports topped,” he said Sunday. We’re concerned and we’re certainly not thinking about buying the bounce here.’’While not eschewing forecasts based on trends like hiring and housing starts, Ramsey work is more apt to draw conclusions on the economy based on signals sent by markets. For instance, when fewer and fewer stocks are propping up the S&P 500, it’s evidence that growth is weakening around the country.Only 15 companies in the S&P 500 advanced last week, led by gold producer Newmont Mining Corp. Twenty-nine slid 10 percent or more, from Morgan Stanley to Under Armour Inc. to Netflix Inc., which saw its 2015 gain cut to 113 percent from 153 percent.Two industries in the S&P 500 are now down more than 10 percent in 2015, commodity and energy producers, while industrial stocks are close behind with a 9 percent loss. Just two hold gains year to date -- health-care and consumer stocks - - although both saw their rallies cut in half last week.“It wouldn’t surprise me if we got an encouraging rally here that brings people on-board with the idea of taking more of them down with another vicious down-leg,” Ramsey said. “Our idea would be to sell rallies.”
Could China's Yuan Devaluation Spark a New Financial Crisis?-Bloomberg News-August 23, 2015 — 12:01 PM EDT-bloomberg
Asia’s biggest economy is slowing, the Federal Reserve is about to kick off an interest rate tightening cycle, and China has just devalued its currency.That chain of events back in 1994 eventually touched off a round of competitive currency devaluations that helped trigger the Asian financial crisis, featuring bank and corporate failures and recessions across much of the region.Is the current market turmoil foreshadowing yet another region-wide bust? There are certainly parallels, but important differences as well. This time around, Asian economies have stronger current account balances, fiscal positions and foreign exchange reserves that provide a thicker buffer against turbulence.Risks are building nonetheless as China’s surprise yuan policy U-turn on Aug. 11 sends ripples across the globe from Vietnam to Kazakhstan and threatens vulnerable emerging market economies from Brazil to Turkey.China’s yuan devaluation comes on top of a steep slowdown in the world’s second-biggest economy and Asia’s biggest (Japan was No. 1 back in 1994) and a commodities slump that is hurting nations from Brazil to Australia, Malaysia and South Africa. Chinese companies now threaten to displace exports from Asian and emerging market competitors just as the U.S. Federal Reserve prepares to raise interest rates for the first time since the global financial crisis.“A nasty storm is probable, not just possible” in countries like Brazil and South Africa, said Stephen Jen, co-founder of London-based hedge fund SLJ Macro Partners LLP. “But I do not anticipate a crisis or even very tense moments in Asia. The main reason is that the Asian Crisis of 1997 already cleansed Asia’s financial system and Asia’s resilience ought to be higher.”-Growth Miracle-Before 1994, Asia was the darling of the investment world and viewed by some as a late-20th century growth miracle. That euphoria didn’t last long.China’s devaluation 21 years ago is often cited as a proximate cause to the subsequent emerging markets crisis, while the Fed rate rise the same year was the trigger, according to Lombard Street Research.This year, China’s surprise currency move has prompted Vietnam to devalue the dong. Kazakhstan’s currency tumbled more than 20 percent against the dollar last Thursday when the country relinquished control of its exchange rate. The South African rand and Turkey’s lira have extended losses.The Asian crisis was about indefensible currency pegs to the dollar, inadequate foreign exchange reserves, and heavy exposure to hot money inflows, says Stephen Roach, a senior fellow at Yale University.-Dollar Debt-Today’s circumstances are different on the first two counts. Yet there’s one disturbing similarity: China’s exposure to about $1 trillion of dollar-denominated bank debt as the yuan carry trade starts to unwind after the People’s Bank of China’s devaluation, said Roach, who was chief global economist for Morgan Stanley during Asia’s financial crisis.A weaker local currency adds to the debt burden for China’s already pressured companies, who’ll now have to pay more yuan for their U.S. dollar repayments.Asia also faces a new vulnerability, the sheer dependence of regional economies on a China that is decelerating, said Roach. In the mid-1990s, the robust U.S. economy was the main buyer of products from the region.“That means as Chinese exports sag —- and they are falling quite significantly now (minus 8.3 percent year-on-year in July) —- it spells trouble for the rest of China-dependent Asia,” said Roach.-Weaker Yuan-The yuan will fall to 6.5 against the dollar by the end of this year and 6.9 at the end of 2016, bringing it close to a 10 percent depreciation, according to Bank of America Merrill Lynch.Jen estimates that a 10 percent depreciation in the yuan will create 5 to 20 percent moves in the rest of Asia.In Asia, Vietnam, Thailand, South Korea and Malaysia are more vulnerable to the devaluation, while in Europe Hungary and Poland are at risk and Turkey may suffer the most, according to Lombard Street Research economist Shweta Singh in London.Not everyone agrees Asia is primed for another crisis. The idea the yuan devaluation then triggered a sequence of events that culminated in a crisis is “the old canard that just won’t be slaughtered,” said David Loevinger, a former China specialist at the U.S. Treasury who is now an analyst at fund manager TCW Group Inc. in Los Angeles.-More Flexibility-The yuan devaluation of a generation ago was more symptomatic of other problems facing the region at the time and not a causal trigger of the ensuing crisis, said Glenn Maguire, a Singapore-based economist at Australia & New Zealand Banking Group Ltd. Because Asian currencies are no longer rigidly pegged to the dollar, as many nations hit hardest in the last crisis were, the region now has a greater ability to adjust to changing circumstances, he said.The outlook for U.S. monetary policy is also very different. While the Fed raised rates aggressively in 1994, a worsening outlook for global growth and an appreciating dollar means the probability of an increase in interest rates next month has fallen below 50 percent, Credit Suisse Group AG says.The parallels with this year include vulnerabilities in “a bunch of the emerging world countries,” including the whole of Latin America, Turkey and South Africa, said Shane Oliver, head of investment strategy at fund manager AMP Capital Investors Ltd. in Sydney, which oversees about $114 billion.“China has set the cat among the pigeons,” he said.
Asia Braces for More Market Turbulence-Emma O'Brien Adam Haigh-Updated on August 23, 2015 — 7:27 PM EDT-bloomberg
Investors prepared for another day of selling in risky assets with Asian regulators moving to shore up their equity markets as demand for haven investments swelled.U.S. index futures fell at least 0.9 percent as trading got under way for the week, indicating the rout that sent the Dow Jones Industrial Average into a correction Friday may have further to run. Stocks in New Zealand, the first major market to open in the Asian region, slid the most since 2011, while Treasury futures jumped with the yen. Oil extended its tumble.“There’s some craziness going on this morning and futures are already showing people are wanting to get out, again,” Chris Weston, chief market strategist at IG Ltd. in Melbourne, said by phone. “You’ve got to be a very brave man or woman to be buying dips in these markets. Catching the proverbial knife comes into play at the moment.”Taiwan curbed short selling of borrowed stocks at the weekend, while China allowed pension funds to buy shares for the first time as policy makers seek to stymie a selloff that saw equities from Hong Kong to Indonesia enter bear markets on Friday. More than $3 trillion has been wiped from the value of global stocks since China unexpectedly devalued the yuan, igniting a wave of concern over world growth amid angst over U.S. monetary tightening plans and the downward trend in oil.Standard & Poor’s 500 Index futures fell 0.9 percent to 1,954 by 8:27 a.m. Tokyo time, with contracts on the Dow down 1 percent. Nikkei 225 Stock Average futures retreated 0.6 percent in Chicago, as the yen climbed to a six-week high. Gold extended gains into a sixth day, while U.S. crude lost 0.9 percent after briefly breaching $40 a barrel last week.-Get Worse’-Global stocks slid to their weakest level since October 2014 on Friday as anxiety over emerging-market losses infected U.S. markets. Junk bond yields jumped to an almost three-year high, while Treasuries posted their best weekly gain in five months as investors favored safer assets. Ongoing concern over a global glut stoked oil’s retreat, which saw New York-traded crude cap its longest run of weekly declines since 1986.“Things are probably going to get worse before they get better,” Nader Naeimi, the Sydney-based head of dynamic asset allocation at AMP Capital Investors Ltd., which oversees about $118 billion, said by phone. “You really need rate cuts and more policy easing in China. In the meantime, things can get worse. We’ve got to see more clarity around the Fed.”-Asian Futures-Asian index futures signaled losses across the board, with contracts on Australia’s S&P/ASX 200 Index sliding 2.1 percent in most recent trading, and futures on the Kospi index in Seoul losing 1.8 percent. South Korea’s finance ministry said it will act “pre-emptively” in the market after the country’s largest exchange-traded fund saw the biggest weekly withdrawal since its inception 15 years ago.Futures on Hong Kong’s Hang Seng Index sank 2 percent after the gauge’s 1.5 percent slump on Friday left it down 21 percent from its April peak, the common definition of a bear market. Contracts on the Hang Seng China Enterprises Index, which tracks mainland Chinese shares listed in the city, fell 1.7 percent in recent trade, after the index sank 7.8 percent last week, its worst weekly performance since September 2011.FTSE China A50 Index futures were down 0.9 percent in Singapore, and contracts on the Shanghai Shenzhen CSI 300 Index tumbled 3.3 percent. Futures on Taiwan’s Taiex index tumbled 2.9 percent on Friday. Indonesian and Indian index futures declined at least 1.2 percent.-China Curbs-Anxiety over China’s faltering economy has fueled ructions in global markets a number of times this year, with a rout in the nation’s equities sparking declines from Asia to the U.S. last month. The Shanghai Composite Index appeared to resume that downward trend last week, sliding more than 11 percent for its worst slump since the start of July.China’s securities regulator also said over the weekend that it will penalize major shareholders in publicly traded companies for violating rules limiting stake sales. Major investors at 20 companies constitute the list of offenders, according to a statement from the body. It wasn’t specified what the penalties would be.Saudi Arabia’s Tadawul All Share Index joined some Asian benchmarks in a bear market Sunday, capping a more than 20 percent slide from its 2015 high reached in April. Dubai’s DFM General Index saw its steepest drop of the year, while Egypt’s EGX 30 Index sank the most since November 2012, signaling more-Commodities-Commodities looked to be heading for a declining day, with West Texas Intermediate crude dropping to $40.08 a barrel. Futures slid to as low as $39.86 on Friday, the first time WTI has fallen below the $40 mark since 2009. Brent oil lost 0.5 percent to $45.25 a barrel on Monday.Copper futures due in December sank 1 percent on the Comex, falling to $2.2765 a pound after last week’s 2.3 percent drop. The Bloomberg Commodity Index lost 2.8 percent last week in its seventh straight decline, as coffee to industrial metals and livestock dominated declines.-Gold for immediate delivery added 0.1 percent to $1,161.85-Futures on 10-year Treasury notes climbed to their highest level since April on Monday, as Australian and New Zealand bonds tracked the gains. Yields on Australian notes due in a decade fell six basis points, or 0.06 percentage point, to 2.53 percent, while similar maturity New Zealand debt yielded 3.19 percent, down two basis points.-Currencies- In the currency markets, the yen was up 0.4 percent in a fourth day of gains, trading at 121.52 per dollar. Australia’s dollar weakened0.7 percent with its New Zealand’s counterpart. Both countries rely heavily on the commodities trade and on exporting goods to China. The yuan was little changed at 6.4522-Equity-market volatility surged in the U.S. Friday as the Standard & Poor’s 500 Index slid 3.2 percent to cap its worst week since September 2011. The index is down more than 7 percent from a record after sinking below a trading range that has supported it for most of the year. The Dow fell more than 500 points, and is down 10 percent from its record high reached in May.Before last week, U.S. stocks had held their ground throughout 2015. The S&P 500 had stayed within a range roughly tracking its 50-, 100- and 200-day moving averages, boosted by signs the U.S. economy is recovering and support from central banks. The benchmark index hadn’t had a decline of more than 5 percent all year.
