Goldman Sachs, Enron and the Chart of Bankruptcy.

in #market5 years ago (edited)


In this report, I cover the early market action from London on Monday, November 26th, 2018. I look briefly at the precious metals, the stock market, the dollar, the bond market, and the oil price.

Today I look at Goldman Sachs again and also at the Crisis of 2008. I note how I touched upon the possibility of Goldman being in trouble a couple of weeks ago and whether it would be bailed out once again like it was in 2008.

In a recent article, Martin Armstrong touches upon the subject of Goldman Sachs and says that the firm could be history very soon according to his cycle studies and what is happening in terms of lawsuits being brought up against the Wall Street giant.

My conclusion today is that the Collapse of 2008 was averted but not done away with and that, like U.S. Treasury Secretary Hank Paulson said in 2008, "the West is f--ked" and the "dollar is finished".

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"The Last Days of Lehman Brothers":

"Will the BIS Save Goldman Sachs?":

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Great. You have really put on a good stuff there

Psychopaths have nothing to worry about except for themselves individually. No surprise they wold make those decisions to only individually benefited them. Gotta get rid of Lehman? Oh, well, benefits everyone else in the room. It's only a game for them.

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