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Selling Fear and Amusement: News as Entertainment

Selling Fear and Amusement: News as Entertainment

The news media have contributed to our deteriorating—but entertaining—political situation. Mr. Trump is President partly because he is entertaining. My research on TV news shows that the promotion of the politics of fear is a byproduct of entertaining and sensationalized reports to build audience ratings. Contemporary news practices have increasingly been wedded to new information technologies that provide visuals and images, particularly portable cameras and smart phones. The entertainment format of much of U.S. TV news promotes the use of video or other visuals that are dramatic, conflictual, and emotional. Screen images dominate broadcast news as well social media. Investigations of news coverage of numerous local, national, and international news reports reveal how our current “news code” operates. Basically, TV tells time with visuals. Although the intent may be to use visuals to tell a story about something, the logic in use amounts to telling a story about the visual at hand. Events that are more likely to satisfy these format criteria are more likely to be broadcast.

Our work over the last 4 decades also demonstrates that politicians and others who provide visual events and dramatic performances are more likely to receive news coverage. We have documented the profound effects this format-driven media coverage has had on social institutions ranging from sports, news, politics, education, and religion.

Contemporary news practices continue this trend. Indeed, even the prestigious evening network newscasts have adopted this approach, especially as social media have provided seemingly ubiquitous videos of a wide array of events, many of which are posted on Facebook, YouTube, Instagram, etc. As newscasts seek higher ratings, it should not be surprising that they have adjusted their selection of news items to include visually interesting bits that have already been viewed—or gone viral—on the internet and social media.

…click on the above link to read the rest of the article…

The Federal Reserve Is A Suicide Bomber With A Deeper Agenda

The Federal Reserve Is A Suicide Bomber With A Deeper Agenda

Central bankers are sociopathic in nature and sociopathic people tend to behave like robots. When one understands the motivations of central bankers, or at the very least what their goals are, their actions become rather predictable. The question is, what truly motivates these people?

I believe according to the evidence that the central banks are motivated by ideological zealotry with the core purpose of total global centralization of economic and political power into the hands of a select group of elitists. This agenda is really just a modern “reboot” of feudalism or totalitarianism. They sometimes refer to the plan in public as the “new world order,” or the “global economic reset.” I often refer to the encompassing ideology as “globalism” for the sake of expediency.

To attain this goal, central bankers must influence mass psychology using traumatic events. Fear opens doors to centralization of power. This is simply a  fact social behavior and history. The more afraid a population is, the more willing they will be to give up freedoms in exchange for safety and security. Therefore, the most effective weapon at the disposal of the globalists and their central banking counterparts is engineered economic crisis — a weapon that can, if allowed, destroy entire civilizations almost as fast as a nuclear war, while still keeping most of the expensive infrastructure intact.

Beyond that, economic crisis is also a weapon that can influence a population to embrace even greater enslavement while viewing their slave masters as saviors rather than villains.

Despite what many people assume, central bankers are not driven by a desire for profit. They print their own capital, they hardly need to make a profit. Central bankers are also not driven by a desire to keep the current system afloat.

…click on the above link to read the rest of the article…

SELCO: “The media manipulated people, bombarding us with fear and hate” during the Balkan Wars. Sound familiar?

SELCO: “The media manipulated people, bombarding us with fear and hate” during the Balkan Wars. Sound familiar?

Editor’s note: A point I’ve been harping on a lot lately is how we in the United States have been divided by politics and the media lately. Many have become callous and lost their humanity. People havebegged for laws and rulings against others but don’t like those laws and rulings when it later applies to them. It will ring familiar when you read this article as Selco shares how the media manipulated the population of the Balkans fanning the flames of hatred and fear. To paraphrase, if we don’t learn from history, we’ll repeat the mistakes, again and again. Don’t let yourself be manipulated by half-truths and hate-mongering propaganda. ~ Daisy


Media is a very powerful and useful tool and we as preppers lean on it in making our opinions and decisions.

Many survival strategies, bug-out routes, survival storages and whatnot are built on what we figured out based on information that media gave us.

I belong to a generation that once believed, “if it was not on TV it did not happen.” Today there are many more choices, but in essence, it comes down to the fact that if it is nicely packaged and repeated for enough number of times, most of the folks are gonna believe it.

Because of the ways of modern life, we tend to want information very fast and accurate, and the accent is on fast. We want “flashy” and useful, and the accent is on flashy.

There are many more choices, sources, and opinions for how we get information and from what media – but still, not too many things have changed. We are still very easy to manipulate with through the media.

…click on the above link to read the rest of the article…

The Stock Market Falls Another 724 Points! What In The World Is Happening On Wall Street?

The Stock Market Falls Another 724 Points! What In The World Is Happening On Wall Street?

We just witnessed the 5th largest single day stock market crash in U.S. history.  On Thursday the Dow Jones Industrial Average plunged 724 points, and many believe that this is just the beginning of another huge wave down for stock prices.  After this latest dramatic decline, the Dow is now down 3.1 percent so far in 2018, and overall it is down 9.99 percent from the all-time high in January.  A 10 percent decline is officially considered to be “correction” territory, and that means that we are just about there.

So why are stock prices falling so much?  Well, USA Today is blaming the potential for a trade war with China, the latest Facebook scandal and “the impact of rising interest rates on the economy”…

U.S. stocks sold off sharply Thursday, with the Dow tumbling more than 700 points amid growing fears of a trade fight between the U.S. and its trading partners after President Trump said he will impose billions of dollars in tariffs on Chinese imports.

The heavy selling on Wall Street was exacerbated by continued weakness in shares of Facebook as well as concerns about the impact of rising interest rates on the economy.

Of course the possibility of a trade war between the two largest economies on the planet is certainly the greatest concern that the markets are grappling with at the moment.  According to Ian Winer, any sign of retaliation by China “will really spook people”…

“A global trade war, whether it’s real or perceived, is what’s weighing on the market,” said Ian Winer, head of equities at Wedbush Securities. “There’s this huge uncertainty now. If China decides to get tough on agriculture or anything else, that will really spook people.”

Trump announced tariffs on about $50 billion worth of Chinese imports on Thursday afternoon. It’s not clear which products will be hit, but the action is aimed at curbing China’s troubling theft of US intellectual property.

And we can be quite sure that China will retaliate.

…click on the above link to read the rest of the article…

The Dow Jones Industrial Average Falls Another 420 Points As Investors Panic About A Potential Trade War

The Dow Jones Industrial Average Falls Another 420 Points As Investors Panic About A Potential Trade War

Many had been hoping that the financial shaking on Wall Street that we witnessed in February would subside in March, but so far that is definitely not the case.  On Thursday, the Dow fell another 420 points as investors fretted about the potential for a trade war.  Over the past month, we have seen many days when stock prices have been way down and other days when stock prices have been way up.  This is precisely the sort of wild volatility that we would expect to see if a major financial crisis was brewing, and the truth is that our financial system is far more vulnerable today than it was back in 2008.

Many Americans have assumed that the U.S. economy must be in great shape since the stock market has just kept going up for the past several years.  But the reality of the matter is that stock prices are no longer connected to economic reality whatsoever.  The U.S. economy has not grown by 3 percent or more in 12 years, but stock prices have been shooting into the stratosphere thanks to relentless central bank intervention.

But what goes up must eventually come down, and on Thursday we witnessed another stunning decline

The Dow Jones industrial average closed 420.22 points lower at 24,608.98 after rising more than 150 points earlier in the day. The 30-stock index fell as much as 586 points.

The S&P 500 declined 1.4 percent to end at 2,677.67 — erasing its year-to-date gains — with industrials as the worst-performing sector. It also briefly broke below its 100-day moving average, a key technical level. The Nasdaq composite fell 1.3 percent to 7,180.56 and dipped below its 50-day moving average.

So why did this happen?

Well, the mainstream media is placing the blame for Thursday’s decline on Trump’s new tariffs

…click on the above link to read the rest of the article…

SELCO: The Brutal Truth About Violence When the SHTF

SELCO: The Brutal Truth About Violence When the SHTF

Are you prepared for the extreme violence that is likely to come your way if the SHTF? No matter what your plan is, it’s entirely probable that at some point, you’ll be the victim of violence or have to perpetrate violence to survive. As always, Selco is our go-to guy on SHTF reality checks and this thought-provoking interview will shake you to your core.

If you don’t know Selco, he’s from Bosnia and he lived through a year in a city that was blockaded with no utilities, no deliveries of supplies, and no services. In his interviews, he shares what the scenarios the rest of us theorize about were REALLY like.  He mentioned to me recently that most folks aren’t prepared for the violence that is part and parcel of a collapse, which brings us to today’s interview.

How prevalent was violence when the SHTF in Bosnia?

It was wartime and chaos, from all conflicts in those years in the Balkan region Bosnian conflict was most brutal because of multiple reasons, historical, political and other.

To simplify the explanation why violence was common and very brutal, you need to picture a situation where you are “bombarded” with huge amount of information (propaganda) which instills in you very strong feelings of fear and hate.

Out of fear and hate, violence grows easy and fast, and over the very short period of time you see how people around you (including you) do things that you could not imagine before.

I can say that violence was almost an everyday thing in the whole spectrum of different activities because it was a fight for survival.

Again, whenever (and wherever) you put people in a region without enough resources, you can expect violence.

…click on the above link to read the rest of the article…

-1,175 Points! We Just Witnessed The Largest One Day Stock Market Crash Ever

-1,175 Points! We Just Witnessed The Largest One Day Stock Market Crash Ever

The mainstream media seems so surprised that the stock market is crashing, but the truth is that it isn’t a surprise at all.  In fact, this crash is way, way overdue.  If the Dow Jones industrial average fell another 10,000 points, stock prices would still be overvalued.  I have been warning and warning and warning that this would happen, because stock valuations always return to their long-term averages eventually.  On Monday, the Dow was down a staggering 1,175 points, which was the largest single day decline that we have ever seen by a very wide margin.  In fact, it shattered the old record by nearly 400 points.

Shortly after 3 PM, all hell broke loose on Wall Street.  The Dow dropped by more than 800 points in just 10 minutes.  At one point on Monday, the Dow was down nearly 1,600 points, but a brief rally cut those losses roughly in half.  However, the rally did not last long and stock prices collapsed hard as the market closed.  At this moment, the Dow is already down more than 2,200 points from the peak of the market, and we are not too far from officially entering “correction” territory.

Once stocks start falling, it can trigger a massive rush for the exits, and that is what happened on Monday.  In particular, investors started to panic once the Dow broke through the 50-day moving average

“As soon as we broke the 50-day moving average … we saw volatility spike,” said Jeff Kilburg, CEO of KKM Financial. “It’s just been downhill from there.”

Other waves of selling were triggered once the 25,000 and 24,000 barriers on the Dow were breached.  In order to protect against losing too much money, many investors have stop losses set at psychologically-important levels.  The following comes from MarketWatch

 

…click on the above link to read the rest of the article…

-666 Points: We Just Witnessed The 6th Largest Single Day Stock Market Decline In U.S. History 

-666 Points: We Just Witnessed The 6th Largest Single Day Stock Market Decline In U.S. History 

On Friday, the Dow Jones Industrial Average fell 666 points (665.75 points to be precise), and many are pointing out that this was the 6th largest single day crash that we have ever seen.  This decline happened on the 33rd day of the year, and it was the worst day for the stock market by far since President Trump entered the White House.  I have been repeatedly warning that we are way overdue for a stock market crash, and many are concerned that we may be on the precipice of another great financial crisis.  We shall see what happens on Monday, because that will set the tone for the rest of the week.  If we see another huge decline early Monday morning, that could easily set off full-blown panic selling on Wall Street.

Rising interest rates appear to have been the trigger for the enormous market drop on Friday.  The following comes from the New York Post

“We all know that many bull markets have ended by the Federal Reserve as they raise the rates to the point of slowing the economy down perhaps too much,” Quincy Krosby, chief market strategist at Prudential Financial, told The Post.

“It’s come on quickly and it caught the market off guard,”Krosby said.

The Dow sell-off brought it below the 26,000 plateau — to 25,520.96 — the biggest points drop since Dec. 1, 2008.

It is quite rare for the market to drop this much in a single day.  The largest single daily decline was a 777 point drop in 2008, and overall the Dow has fallen by more than 600 points less than 10 times throughout history

The index posted a loss of nearly 666 points, its sixth-worst decline ever on a points basis.

 

…click on the above link to read the rest of the article…

Where the Government Fear-Porn Propaganda Industry is Headed

Where the Government Fear-Porn Propaganda Industry is Headed

Sometimes I wish I had no conscience or morals. Then I could go to work for the government writing fear propaganda.

Killer robots are the latest terror. But there are so many takes on it! It’s like Josef Goebbels’ dream to have so much material to work with. All the “possibilities” and “predictions” just make you want to curl up in a ball and let the government handle everything!

The spokesman for Stop Killer Robots campaign then warned the consequences of deadly tech winding up in the wrong hands would lead to catastrophic consequences.

He said: “Authoritarian dictators getting a hold of these, who won’t be held back by their soldiers not wanting to kill the population.”

“This capability is out there – scaling it up to swarms of drones doesn’t need any huge inventive step, it’s just a question of resources, time, and scale.

“I think that’s an absolute certainty that we should worry about.”

Hmm… okay? Doesn’t seem like dictators have had too many problems in the past getting their soldiers to kill the population. Automating death and destruction is certainly a scary thought though. World War One was a testament to the damage that soldiers can do with automatic guns, tanks, and chemical weapons. 20 million military and civilians died.

And yet, in the same time frame, the Spanish Flu swept across the globe killing at least 20 million people. Some estimates suggest upwards of 50 million deaths caused by the virus.

And the government likes to use fear of global pandemics in their propaganda too. That is why they passed a regulation that allows the Centers for Disease Control to detain indefinitely anyone suspected of carrying an infectious disease. That was the big payoff for all the fears of Ebola, Triple E, Bird Flu, Swine Flu, Sars, Zika and so on.

…click on the above link to read the rest of the article…

The Greatest Fear Today: The Lack of Fear

The Greatest Fear Today: The Lack of Fear

Market crashes often happen not when everyone is worried about them, but when no one is worried about them.

Complacency and overconfidence are good leading indicators of an overvalued market set for a correction or worse. Prominent magazine covers are notorious for declaring a boundless bull market right at the top just before a crash or correction.

October 19 saw the thirtieth anniversary of the greatest one-day percentage stock market crash in U.S. history — a 22% fall on October 19, 1987. In today’s Dow points, a 22% decline would equal a one-day drop of over 5,000 points!

I remember October 19, 1987 well. I was chief credit officer of a major government bond dealer. We didn’t have the internet back then, but we did have trading screens with live quotes. I couldn’t believe what I was watching at first, but by 2:00 in the afternoon we were all glued to our screens.

It was like being a passenger on a plane that was crashing, but you had no way out of the plane. Our firm was fine (bonds rallied as stocks crashed), but we were concerned about counterparties going bankrupt and not being able to pay us on our winning bets in bonds.

What’s troubling is that a lot of commentators said that the kind of crash that took place in 1987 couldn’t happen today and that markets were much safer. It’s true that circuit breakers and market closures could temporarily halt a slide better than we did in 1987. But those devices buy time, they don’t solve the underlying fear and panic that causes market crashes.

In any case, when I hear market pros say “It can’t happen again” it sounds to me like another market crash is just around the corner.

 

…click on the above link to read the rest of the article…

Volatility and the Alchemy of Risk

Volatility and the Alchemy of Risk

Reflexivity in the Shadows of Black Monday 1987

The Ouroboros, a Greek word meaning ‘tail devourer’, is the ancient symbol of a snake consuming its own body in perfect symmetry. The imagery of the Ouroboros evokes the infinite nature of creation from destruction. The sign appears across cultures and is an important icon in the esoteric tradition of Alchemy. Egyptian mystics first derived the symbol from a real phenomenon in nature. In extreme heat a snake, unable to self-regulate its body temperature, will experience an out-of- control spike in its metabolism. In a state of mania, the snake is unable to differentiate its own tail from its prey, and will attack itself, self-cannibalizing until it perishes. In nature and markets, when randomness self-organizes into too perfect symmetry, order becomes the source of chaos (1).

The Ouroboros is a metaphor for the financial alchemy driving the modern Bear Market in Fear. Volatility across asset classes is at multi-generational lows. A dangerous feedback loop now exists between ultra-low interest rates, debt expansion, asset volatility, and financial engineering that allocates risk based on that volatility. In this self-reflexive loop volatility can reinforce itself both lower and higher. In a market where stocks and bonds are both overvalued, financial alchemy is the only way to feed our global hunger for yield, until it kills the very system it is nourishing.

The Global Short Volatility trade now represents an estimated $2+ trillion in financial engineering strategies that simultaneously exert influence over, and are influenced by, stock market volatility(2). We broadly define the short volatility trade as any financial strategy that relies on the assumption of market stability to generate returns, while using volatility itself as an input for risk taking. Many popular institutional investment strategies, even if they are not explicitly shorting derivatives, generate excess returns from the same implicit risk factors as a portfolio of short optionality, and contain hidden fragility.

…click on the above link to read the rest of the article…

The Narrative of Fear and Insecurity

The Narrative of Fear and Insecurity

On March 4 1933 FDR in his inaugural address to the American people said,

“…the only thing we have to fear is…fear itself….”

And it’s true. It is fear more than anything else that prevents people from turning away from what has failed them and stays their hand from picking up the tools which would allow them to build what would work better.  And precisely because it is true, every politician, banker, judge and general has realised that if they wished to stop change from weakening their grip on power and wealth, then what they need above all else is …more fear.

As FDR went on to say, it is

“…nameless, unreasoning, unjustified terror which paralyzes….”

So if you want to control a people and contain their desire to replace the system which benefits you, with one that benefits them, then you need to feed them fear and the more of it and the more slippery and inscrutable it seems to them, the better.

A looming, shadowy foreign power lurking just beyond the borders is always good.  Russia, China, Communists in general, or if they are too far away, then any kind of socialist will do at a pinch.  In 1983 Margaret Thatcher famously branded British miners and their union as  ‘The enemy within.”  Terrorists are a wonderful new fear.  They are everywhere, much like Red’s used to be under every bed.

All these are good and have been used, still are used, to good effect. But there is a new fear, one closer to the fear FDR was talking about. And the currency of that fear is Debt.  Here is a very short history, in just a few sentences, of how debt became the currency of fear.

…click on the above link to read the rest of the article…

A 3% Drop Is All It Takes…

A 3% Drop Is All It Takes…

A 2.8% drop in stocks is all it takes…

…to convert sheer near full euphoria into outright panic

Source: CNNMoney

Quite a collapse in confidence for a ‘blip’ in stocks… (NOTE – this collapse in sentiment is bigger and faster than the plunge in Aug 2015 following China’s devaluation and the US flash crash)

At the same time, the ‘plunge’ in stocks has hammered BofAML’s Global Panic-Euphoria index out of ‘Euphoria’…

On a global basis, put-call ratios signal less euphoria than a month ago, and volatility has risen, taking Global Risk-love indicator from a protracted period in euphoria to barely inside the neutral zone.

With most of CNN’s Fear & Greed factors suddenly flashing “Extreme Fear”…

But there’s just one big caveat – almost 40% of the S&P 500 members are now trading below their 200-day moving-averages…

And that is what years of Central Bank conditioning does for investors’ risk appetites.

Black Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History

Black Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History

Brexit Vote - Public DomainHas the next Lehman Brothers moment arrived?  Late Thursday night we learned that the British people had voted to leave the European Union, and this could be the “trigger event” that unleashes great financial panic all over the planet.  Of course stocks have already been crashing all over the globe over the past year, but up until now we had not seen the kind of stark fear that the crash of 2008 created following the collapse of Lehman Brothers.  The British people are certainly to be congratulated for choosing to leave the tyrannical EU, and if I could have voted I would have voted to “leave” as well.  But just as I warned 10 days ago, choosing to leave will “throw the entire continent into a state of economic and financial chaos”.  And “Black Friday” was just the beginning – the pain from this event is going to continue to be felt for months to come.

The shocking outcome of the Brexit vote caught financial markets completely off guard, and the carnage that we witnessed on Friday was absolutely staggering…

-The Dow Jones Industrial Average plunged 610 points, and this represented the 9th largest one day stock market crash in the history of the Dow.

-The Nasdaq was hit even harder than the Dow.  It declined 4.12 percent which was the biggest one day decline since 2011.

-Overall, Black Friday erased approximately 800 billion dollars of stock market wealth in the United States.

-Thursday was the worst day ever for the British pound, and investors were stunned to see it collapse to a 31 year low.

-Friday was the worst day ever for European banking stocks.

-Friday was the worst day for Italian stocks since 1997.

-Friday was the worst day for Spanish stocks since 1987.

…click on the above link to read the rest of the article…

“This Is A Scary Time” – CEO Explains The Single Biggest Reason Why People Are Buying Gold And Silver

“This Is A Scary Time” – CEO Explains The Single Biggest Reason Why People Are Buying Gold And Silver

gold-silver-fear

We can talk about technical charts, supply and demand fundamentals, and price manipulation, all of which point to significant increases in the value of gold and silver for the foreseeable future.

But according to Golden Arrow Resources CEO Joseph Grosso, who is credited with the discovery of the largest silver deposit in history, the single biggest reason that retail investors, institutional players and governments around the world are gobbling up physical precious metals, resource stocks and ETF’s at unprecedented levels is that they are scared to death of the state of the global economy and where it will go next.

Like an expecting father waiting for five years to see a baby being born, we are at the inception of a mining economy… There is a pause, a slight pause towards the U.S. dollar and that pause is allowing the oldest currency in the world, gold and silver [to rise] and that is now in favor.

…Because there is fear. When there is fear, that’s when gold does best. 

… Right now, this is a scary time… People want to hop out [of traditional assets] and find safety in precious metals. 

In the following interview with SGT Report the level-headed Grosso explains that there is still hope for America and the U.S. economy, but there will be a lot of pain before it gets better, the consequence of which is an environment that has historically boded well for precious metals as safe haven assets.


(Watch at Youtube)

…click on the above link to read the rest of the article…

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