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The article touches on how Germany has ordered the printing of Deutsche Marks. A printer is so useful that it can even print money.
Currency collapses are deliberately planned and executed. This stag3e play circus is for entertainment purposes, only. There are much more personal and immediate issues at hand.
Shit. I just waisted three minutes of my life. I didn't realize who the publisher was when I started reading. Yeah I get it. This is the big one. I really mean it this time. Get my "free" report. No thanks.
The problem with the euro is the banks want all or nothing.
Banks will not take less then everything. Its what they do hold out an fight tooth and nail for everything.
Will the banks get it all: AKA print or will the banks get nothing default. Choose. Because the banks have.
"email required" does not count as a "free" report.
Repetitive Summers with 'news' that is a month old.
Anyone else feel patronised?
I know! this story has been around a while... I posted something like this a few weeks ago thinking I was saying something new, and several ZHer's pointed out a few other sources who were sharing the same idea.
Oh, one thing I find annoying - if you quote someone ADD THE LINK (not just the link back to your own sales page!!)
I don't understand the outcry against Graham Summers. If you don't like his articles, don't read them.
But I will say that Malmgren's comment about Germany printing DM's is 1) Stale information as she stated this on 10/4/11; and 2) Already reported by another ZH contributor back when this was relatively new news.
Other than that, wish we had a second source to confirm this.
Arrgggh...I've about had it with ZH and "Phoenix Capital Research." The only REAL research Phoenix does is with how much money he can collect from sheeple gullible enough to fall for his nearly daily, "The sky is falling!" scam which has been running for at least two years(!!) plus. I feel pretty certain I have read about his "DEFCON RED ALERT" warnings for a few years now. Ugh.
ZH is even getting a bit pathetic in that regard. All are getting close to the Martin Weiss Scam School "The Sky is Falling...Let's Steal Sheeple's Money" while we can motto.
Does anyone remember the US dollar is the reserve currency of the world. The euro is in second place.
As useless as green paper may be in the future, something like $15 TRILLION of that future green toilet paper is in the hands of foreigners. And don't forget the TRILLIONS of $$ the US government owes to foreigners which I'm sure they don't want to see evaporate. And most important of all, don't forget the US has the world's largest military by a factor of 10!
We literally can kill anyone that bad mouths green paper with a number on it. See Saddam Hussein for example.
And if anyone bad mouths bluish paper (our ponzi partner) with a number on it (the euro) we can kill them too. See Gaddafi for example.
Argggghhh. ZH is a Truth Writer. I give them respect for that. But sometimes "It's the end of the world NOW!" stuff is a bit self-promoting.
Mind you, I don't argue with anything ZH or Phoenix writes in the long run, but what I do argue with is they don't see the other side of the argument which clearly says the end is not nearly here. The ponzi nations have a long ways to go before they fail IMHO.
I blog the truth too and never collected a penny for my work at:
I started my blog to help sheeple become people (mainly my friends). I admit I can't come close to predicting how, or when, it will all fall apart. I wish ZH and Phoenix would admit the same. Just print the truth, without all the hyperbole stuff like they know something that only they can figure out. NO ONE can predict when it will all end, or even how it will all end.
Germany just like the other European countries do not need to print their old currencies again. They were never destroyed when starting the euro, the old bank notes were just collected and stored.
This post just a waste of time,Shilling for his little end of world strategies.I think I'll rapture.
Tyler,ZH is drifting into irrevelency.Too bad,it used to be accurate cutting edge.
I don't know if this is a credible source, but it also says that Pipa Malmgren has announced that the Marks are on the printing presses right now. This paper also says that Börsennews has reintroduced quotations in Marks and that Hans Olaf Henkel is on board with a return to the Mark.
"So… by now everyone realizes that the Euro is in major trouble and will no longer exist in its current form for much longer."
...old 'information'...move on
It is one thing to read that on the website of the notorious Walter Eichelburg since years, it is another to find it on GLP every six weeks but to see such a piece of utter useless disinfo here is frightening, to say the least. ;-)
Printing Deutsche Marks? Do you have ANY (verifiable) PROOF?
Rumors, conjecture, and hearsay belong on the president's teleprompter, not on a financial blog.
If there is a small risk is absolute disaster with your population reverting back to stone age bartering and the mitigating action is printing some monopoly money at a cost of €3.49 and storing it in a shed, printing would be the only sensible course of action.
Regardless of her commitment to Europe or views on the Euro she'd need shooting if she hasn't ordered DMs.
Tyler ...now u really got to do something ....u can read the comments.....please add some other NICER blogs.I cam recommend u some :
This baseless article does not fit in here.
As merkel is not going all in today, its normal that she prepare plan B.
if you have any idea what the plan is from that batty bitch please let us all know!
That and Iraqi dinar. Rumor-mill. Right now they are all figuring out who's gonna take the hit, but I'm betting Europe figures it out - nobody wants the alternate.
We have known for all these years the eurozone was an experiment that would probably eventually fail, and recently it has become clear that short of a "reconstruction" type of compelling event that creates a federal Europa (possibly a 1% chance of perhaps a small core of northern nations doing this under German hegemony) that it is failing and we agonize over the time it is taking for the obvious to become reality.
But, if Germany is secretly printing Deutche Marks with the foregone intention of returning to their own currency thus effectively killing the euro it would be the insider trade of all time and someone somewhere should pay for that crime because there was a time when doing business with a currency you plan to dump as worthless and introduce a new one was considered an act of war.
If tomorrow the euro were the equal of confederate money after the south surrendered then I think legally the USA should hold all contracts with Europeans switching away from euro to be void. Like my 2009 BMW that I owe 50,000 on, hell with them, I know I bought in dollars which are then exchanged for euro soon to be D Marks at god knows what rate, what about the residual value? Parts and service? Contracts must by law must have clear and dependable terms one can count on which includes more than just the initial purchase but other factors that include good faith. It would be as if your mortgage contract were suddenly switched from dollar denomination to Israeli shekles, your monthly payment is due in dollars but the value would from then on be dependent upon an exchange rate that was not part of the deal when you signed, it is changing the terms post facto.
I'm confused. Germany is printing DMs but also bailing out its neighbors in order to save the Euro? Are they looking to hold the Euro collapse at bay until they can get DMs in enough quantity to leave the euro and then convert back to DMs?
the German economy should be run by BMW and not left to goons (politicians) and frauds (bwankers)
Is Graham Summers even a real person... I've searched all over and all I can find is:
"Previously, Graham worked as a Senior Financial Analyst covering global markets for several investment firms in the Mid-Atlantic region. Heâ€™s made presentations on investment ideas to high net worth clients in Dubai, Singapore, Zurich, Playa Del Carmen and his research has been quoted by Crainâ€™s New York Business, Money Talk Radio, Reuters, and RollingStone Magazine to name a few publications."
No education can be found, work history, nothing... Except that he was a Senior Financial Analyst for several investment firms in the Mid-Atlantic region... Really, which ones... Anyone could say that! It's like a fortune teller telling you you're going to die, terrific but can you give me a few more details so we can judge your accuracy?
Tyler, why do you allow him on here? I don't always agree with your (all the Tyler's) postings, and probably agree with more than you think, but this Graham Summers takes away from all the good work on Zero Hedge...
Was the story on this site regarding the DM being priced at 4.11 debunked in some fashion that I missed?
DM being priced at 4.11
No ... you misinterpreted that IMO.
The FTD is priced at 2.10 EUR x 1.985.. ( old legacy DM Xrate ) = ca. DM 4.11
Half truths again.
Germany doesn't need to print more douche marks.
There's plenty of them that can be put back to circulation:
If Germany is printing DMs, they are locked away in the same vault as our new 100's with gold color all over them. It is pretty obvious that, without a solid global monetary standard, international trade doesn't work. Everyone just prints their way to export superiority. If I can see that, the bankers can see it. And I have no doubt the next money that comes out will be gold backed. All the bankers will throw down their cards at the same time. It is the only thing that works. Of course, they can always just wait to get pitchforked to death while nature makes the change on its own.
I've not been able to find a single thing that corroborates Pippa's assertion. Nothing, nada zilch. No proof other than Pippa's says so isn't enough for me.
"According to Malmgren, Germany has already ordered the printing of Deutsche Marks in anticipation of a possible withdrawal from the EU."
Pure disinformation, backed up by no evidence, highest quality bullshit.
When you have insider information its all going down, you prepare. Ready to leave so you don't get killed by the mob, and you print your own currency knowing that it is the only way you have any chance in hell of remaining in your own country as anything but a prisoner or alive.
It is just systematic looting of every thing left. Not so complicated really. ZH printed the valuation of the DM last week, this announcement about printing was the week before. Does anyone believe L'midget isn't printing francs as fast as he can?
" and for 1nce I believe a politician "
Is that wise ?I usually expect the exact opposite of what they say.
BTW , one of the three Bundesdruckerien ( German Euro printing press ) - in Berlin - layed off a few hundred workers last year.There were protests for a few days, then nothing more was heard .The reason given was that they could print (German) Euro-notes "cheaper" in ( IIRC ) Belgium.Yes ... "cheaper" was the reason given on German TV MSM News.( Ever heard of a money printer that needs to save money ? )
I have tried to find old press releases via google .... strange that they now seem to be difficult to find.The rest I leave to your imagination .
I'll have another go at finding a link.
17. August 2010
27. July 2011
... back in business again ( printing Euro notes )
A Minister and Quire Boy are fighting over something obscene.
A pedifile with a bonner is trying to mediate the situtation.
Can you say who are the Germans, French and Americans?
I can, and think they are in that order.
Why Pope wear monkey hate?
no see, they meant reichsmarks
You will know we are within 60 days of the event when Mayor Bloomberg forcibly removes the OSW movement from their encampments. He won't allow them to be there as a rallying point if a bank failure is inevitable. So while things are bad they are NOT yet DEFCON 1 as the author supposes. DEFCON 1 is when they forcibly quash the OSW in preperation for announcing that the banks need to be bailed out - again.
Let it rip! Gold Silver to the moon.
just like in a marriage there will come a time when you weight the benefits and determine that it is over . Whether this is the time for Germany only they know.
This idea that all Europeans could love each other and get along was always nonsense. They could have had a looser union where they cooperate but killing the Brussel's EUSSR will be a good thing.
Thanks to insane liberalism - the US is balkanizing.
I see this more as adding leverage to their negotiating position, as the endgame is more integration via pain (enforcement of the treaty through political union), not disintegration. As much as I think the Euro is a farce, I don't think it (or the union) is going away anytime soon. To believe that Merkel would lead Germany away is a bit of a stretch.
Instead we are going to watch them break a bunch of eggs (while Greece heats up) to make a Euro omelette.
I recall this Pippa Longstocking Malmgren reference running in an earlier ZH piece, from several weeks ago. Unfortunately, PCR has, as they say in the tabloid trade, been "scooped."
Yep, this was referenced a week or 2 ago. It's as stale as last week's bread.
How approrpriate their name is Phoenix...they keep rising from the ashes of their own burning.
Anybody can seriously believe that a so big production and logistic operation needed for printing and distibuting a currecy for a country with more than 80 million residents could be executed in a TOP SECRET way???
Alvaro de Esteban
Sure, when the Govt is in charge, you bet.
If WE had a 1/1000000000 clue of things we do not about is our money ,and where it's going or how much.
The TPTF's only are privy to that info.
Why not? It´s being printed in some remote Chinese ghost city just like USD these days.
a rhetorical question, or sarc?
Why should the germans care whether it's secret or not? If someone finds out and tells Sarko, Bunga Bunga, GPap et al, then that's a huge threat that the germans can present to them.
But, really, considering how little money is actually physical these days compared to electronic representations it's not nearly as hard as it used to be.
If TPTB want it so, then sure.
The Manhattan Project employed over 130,000 people.
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