John Embry: Silver To Break US$100 in 12 to 24 Months!
- Silver warriors sit tight. The last 6 months have been particularly trying. But I believe happy days are here again!
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John Embry – Silver to Break $100 in 12 to 24 Months!
by www.kingworldnews.com
… When asked about silver specifically, Embry stated, “I think silver is a rocket ride here and it is priced way below where it should be. It’s been put there by the paper criminals and this will correct itself violently because there is no physical silver available, of any magnitude. All it will take is some significant buying in the physical silver market to unleash this beast and when it gets going people will look on in astonishment.
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I don’t have any problem with silver blowing through its all-time high this year and heading towards $100. Once it clears $50 there is no overhead resistance and then things will really get interesting. I believe silver will hit $100 in 12 to 24 months.
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… click here for the full article!
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Global Financial Crisis Threatens To Drag The World Back To The 1930s!
- 2012 is the critical year. It is the year, events, consequences, plans … will come to a head. We are in the period very much like the 1930s just before the start of WW2 !
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Global financial crisis threatens to drag the world back to the 1930s!
By Hugo Duncan, http://www.dailymail.co.uk/
- Claims ‘chronic’ state of government finances is partly to blame
- Warns failure to tackle youth unemployment and ageing population will make world ‘a place where life is full of hardship
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The financial crisis threatens to drag the world back to the dark days of the 1930s and wipe out the gains of globalisation, a hard-hitting report said tonight. In its annual assessment of the global economy, the World Economic Forum warned of a rising tide of protectionism, nationalism and protests as seen during the Great Depression. It blamed the ‘chronic’ state of government finances and the widening gap between the rich and poor as the world lurches from one crisis to another.
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The WEF, which holds its yearly meeting for leading politicians, economists, businessmen and academics in the Swiss ski resort of Davos later this month, said the ‘seeds of dystopia’ have been sown. It warned that without action to tackle youth unemployment and support an ageing population the world would become ‘a place where life is full of hardship and devoid of hope’.
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The survey of 469 global experts warned the world was ‘vulnerable’ to fresh economic shocks, major social unrest, and food and water crises. Lee Howell, managing director of the WEF, said: ‘For the first time in generations, many people no longer believe that their children will grow up to enjoy a higher standard of living than theirs. ‘This new malaise is particularly acute in the industrialised countries that historically have been a source of great confidence and bold ideas.’
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… for more click here!
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High Level Contacts Between State Department and Muslim Brotherhood !
- The world is ruled by a Satanic cabal. The real rulers of America are Illuminists. The Illuminists pose as Christians, Jews, Muslims … etc. The sheeple do not understand this. They are easily deceived. The Christian sheeple are deceived into supporting the Satanic counterfeit Zionist ’666′ Israel. The Jewish sheeple are deceived into supporting their Illuminist Masonic rulers. The Illuminists use a divide and conquer tactic by getting one group of sheeple to kill another group of sheeple. For eg. Christian/Jewish sheeple vs Muslim sheeple. That is what this coming war is about.
- - You should not be surprised that American leaders are in contact with the Muslim Brotherhood. At the upper echelons both organizations are Masonic. Who is the Masonic god? Lucifer-Satan! They are simply discussing the up coming Satanic World War 3 Plan & Greater Middle East War! (emphasis mine)
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The Masonic Origins of the Muslim Brotherhood
The Masonic origins of the Islamists movements, and their true goal to undermine Islam and fight for Western Zionist Powers such as Britain and the United States of America. The Muslim Brotherhood has acted as a clever technique to recruit agent-provocateurs for the Illuminati. The lowest ranks may sincerely believe they are defending Islam, and confronting “Western imperialism”. However, these various terrorist groups, through representing different factions, are part of a single network serving the same Illuminati cause.
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When we explore the political and financial connections of the terrorists, we find that these are not merely wayward fanatics, operating in isolation, but that their channels penetrate to the upper reaches of power, in the British and American governments, and outward into the nether regions of the occult and criminal underworlds.
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William Engdahl on Egypt’s uprising:
They are being organized in a Ukrainian-style high-tech electronic fashion with large internet-linked networks of youth tied to Mohammed ElBaradei and the banned and murky secret Muslim Brotherhood, whose links to British and American intelligence and freemasonry are widely reported.
- - High Level Contacts Between State Department and Muslim Brotherhood
by Kurt Nimmo, www.Infowars.com
Deputy Secretary of State William Burns has met with Mohammed Morsi, head of the Muslim Brotherhood’s Freedom and Justice Party, State Department spokeswoman Victoria Nuland said on Wednesday.
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Nuland characterized the meeting as a chance to reinforce U.S. expectations that Egypt’s parties will support human rights, women’s rights and religious tolerance, according to the Associated Press. Burns visited Egypt and the Muslim Brotherhood ahead of an IMF delegation that will discuss a $3 billion loan. He encouraged the north African country to cooperate with the IMF.
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The Muslim Brotherhood is a documented intelligence asset. Prior to World War II British Intelligence cultivated ties with the Brotherhood and the CIA later did the same. During the nationalist regime of Nasser in the 1950s, British and U.S. intelligence used the Muslim Brotherhood undermine Nasser’s rule. The organization was outlawed and designated a terrorist operation in Egypt after it attempted to assassinate the popular Egyptian leader.
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In A Century of War: Anglo-American Oil Politics and the New World Order, author William Engdahl reveals how the Brotherhood was endorsed in May of 1979 at the Bilderberg meeting held in Austria. British Islamic expert Dr. Bernard Lewis said during this meeting that endorsing the Muslim Brotherhood would allow the global elite “to promote balkanization of the entire Muslim Near East along tribal and religious lines,” an effort that eventually resulted in the current clash of civilizations doctrine.
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“What is going on in the Middle East with the Jasmine Revolution in Tunisia that we saw a few days ago, and now in Egypt with Mubarak in his 80s, and obviously a regime that is not exactly the most stable one, we have a food crisis taking place as a backdrop and the IMF coming and telling these countries to eliminate their state food subsidies so you have, of course, the explosive background for popular unrest,” Engdahl told RT last January. “Within that you have these NGOs, like Freedom House, training activists and trade unions and various other organizations to demand democracy, demand human rights and so forth.”
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Freedom House has denied it is a CIA operation, despite the fact it has received funding from the Ford Foundation – integrated into CIA operations in the early 1950s – the National Endowment for Democracy (NED), and the Scaife Foundations. Alan Weinstein, one of the founders of the NED, said in 1991 that the organization now does what “was done 25 years ago covertly by the CIA.” Richard Mellon Scaife ran “Forum World Features, a foreign news service that was allegedly used as a front to disseminate CIA propaganda.
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International Jewry’s Iran War Cry!
Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.
Keiser Report: Death by Thousand Revelations!
- RussiaToday:
In this episode, Max Keiser and co-host, Stacy Herbert, discuss death by a thousand revelations and destroying the City to save the City. In the second half of the show, Max talks to author, Nomi Prins, a former investment banker, about the role of JP Morgan in Jon Corzine’s MF Global crime.
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Will Israel’s Fear of Iran Lead To a War?
Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.
- The greatest threat to world peace isn’t Iran. It is Zionist ’666′ Israel, the Satanic counterfeit flying a Satanic ’666′ Hexagram flag. It is the 4/5th strongest military power in the world with at least 400 nuclear bombs. It is a genocidal, war mongering state, practising ethnic cleansing and apartheid while pretending to be a victim!
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Noted Israeli military historian Martin van Creveld stated that Israel could find itself one day forced to exterminate the European continent using all kinds of weapons including its nuclear arsenal if it felt its demise neared
by http://www.palestine-info.co.uk/
Noted Israeli military historian Martin van Creveld stated that Israel could find itself one day forced to exterminate the European continent using all kinds of weapons including its nuclear arsenal if it felt its demise neared, stressing that Israel also considers Europe a hostile target.
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This came in a press interview broadcast by the seventh Hebrew radio and was translated on Wednesday into Arabic by the press information analysis and study center.
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“We have hundreds of nuclear warheads and missiles that can reach different targets in the heart of the European continent, including beyond the borders of Rome, the Italian capital,” Creveld said, adding that most of the European capitals would become preferred targets for the Israeli air force.
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The Israeli historian reiterated Israel’s ability to destroy the whole world whenever it felt its existence would be doomed to extinction. As for the Palestinians, the historian said that Israel at the present time pursues a specific strategy based on mass deportation of the Palestinian people and has intentions to expel all Palestinians without exception, but it is awaiting the right moment to take this step.
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“Two years ago, there was only seven to eight percent of the Israelis believing in this solution towards the Palestinians and just two months ago this percentage rose amongst the Israelis to 33 percent, but today, according to a survey conducted by Gallup institute, this figure surged to 55 percent,” he noted.
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The historian highlighted that Israel must take advantage of any incident that would give it a golden opportunity to expel the Palestinians as happened in Deir Yassin massacre in 1948.
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Replying to a question whether Israel does not have fears of being classified as a criminal state if it expelled Palestinians, he said, “Israel is a state that does not care about what others say about it and you must remember the saying of former defense minister Moshe Dayan when he said that ‘Israel must always act as a wild dog because it should be dangerous in the eyes of others, rather than be harmed.’”
- - I want to quote to you now from one of my Panorama interviews with Golda Meir …. “Prime Minister I want to be sure I understand what you’re saying… You are saying that if ever Israel was in danger of being defeated on the battlefield, it would be prepared to take the region and the whole world down with it?” Without the shortest of pauses for reflection, Golda replied: “Yes, that’s exactly what I’m saying.” ….. How, actually, would the Zionist state of Israel take at least the region down with it? It would arm its nuclear missiles, target Arab capitals, then fire the missiles.
Alan Hart, Author of Zionism: The Real Enemy of the Jews
by Warner D. Farr, LTC, U.S. Army, http://www.au.af.mil/
Daily Mail UK
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Germany Is Just Buying For Time… More Bailout Funds Aren’t Coming!
- More clarity of thought and analysis by Graham Summers. Deflation is a No-No for the banking system. It is the end of it. Banksters prefer inflation because as asset price rises, their portfolio (collateral) increases in value ie. their balance sheet looks healthier. For eg., in deflation, the collateral posted by their borrowers lose value and when the borrowers default the banksters cannot recover their loan capital by selling the collateral. This is what is happening to American banks in the real estate market now. All the REO (Real Estate Own by banks) are losing value and their balance sheet are showing more and more losses! Most major western banks are bankrupt!
- - Gold works even better in a deflationary environment. When the banking/financial system collapses, everybody turn to gold ! Inflation or deflation: gold is still real money and has been so for 5000+ years!
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Germany Is Just Buying For Time… More Bailout Funds Aren’t Coming!
by Graham Summers, Phoenix Capital Research, http://www.zerohedge.com/
Deflation, particularly the dreaded debt deflation that Central Banks fear, is fast spreading throughout the financial system as the European banking system collapses. Indeed, the EU, in its current form, is most certainly in its final chapter as both the political environment and market conditions have rendered all proposed “solutions” to the crisis moot. To wit, the most recent proposals from EU leaders are:
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1) To draft new budgetary requirements for EU members.
2) To move the launch of the Emergency Stability Mechanism (ESM) one year ahead of its original launch date to July 2012.
3) To send the IMF 200 billion Euros to use as aid in dealing with the EU Crisis
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The media hailed these proposals as a bold step towards solving the current EU Crisis. However political and market realities show all of these proposals to be absurd, if not impossible.
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Regarding #1, the EU already had budgetary constraints via the 1991 ratification of the Maastricht Treaty (all members were to maintain Deficit to GDP ratios lower than 3% and Debt to GDP ratios lower than 60%) which NO ONE has followed (not even Germany). So how does a new set of budgetary requirements change anything?
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Secondly, in order to enact these new budgetary requirements, there needs to be unanimous consent from all EU members. Even if there was unanimous consent here (there isn’t nor will there be), basic math shows these new budgetary requirements to be pointless: how on earth does anyone expect a country like Greece, which is still bankrupt after two bailouts and quite a bit of debt forgiveness, to get its budget under control (hint: it would have to wipe out at a minimum 50% of ALL of its outstanding debt).
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As for the proposal to the move the launch of the ESM a year earlier… the EU has already failed to fund ONE bailout fund (the EFSF hasn’t been able to raise even ten billion Euros in capital). So the idea that launching a second bailout fund earlier than originally intended is pointless.
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The final and most absurd proposal concerns EU nations sending 200 billion Euros to the IMF for use in combating the EU Crisis. Setting aside the fact that this is completely insane (bankrupt EU countries are going to give money to the IMF to bail out other bankrupt countries?!?!), the political environment in Europe won’t permit this to happen. Case in point, Germany’s Bundesbank (its central bank) which is the real de facto monetary backstop for the EU today, has said it will send additional funds to the IMF ONLY IF:
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… for more click here!
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Alf Field: Gold Correction Is Over! It Will Rally To At Least US$4,500/oz!
- I am not a practitioner of Elliot Wave Theory (EWT). After trying it, I have concluded that I am terrible at it. It is more of an art than science. However, I do follow the work of a few who are exceptionally good at it. Alf Field is the #1 (EWT) guy IMO for gold. Below are excerpts from his latest article via Jim Sinclair’s website: www.jsminset.com.
- - I have warned repeatedly about the ‘financial weapons of mass destruction’: derivatives. Alf highlights his concerns over it as a possible Black Swan event. Alf Field is correct about the gold price. It is heading alot higher than most people imagine possible. Think US$10,000/oz! (emphasis mine)
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Gold Correction Is Over!
by Alf Field, http://www.jsmineset.com/
There is a strong probability that the correction in the price of gold has been completed. This article has four separate sections. They are:
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1. The Elliott Wave (EW) justification for thinking that the correction in gold is over.
2. Why corrections happen in gold from a fundamental viewpoint.
3. The extent to which manipulation affects the gold price.
4. A possible “black swan” event that could trigger a gold price surge.
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The probability of this analysis being correct is high, perhaps 75%? Smaller probabilities allow for: (i) this to be an A wave of a larger magnitude correction; (ii) the current correction becoming more complex, perhaps reaching the lower price targets (e.g. -26%); and (iii) the possibility of deflation, defaults and depression emerging, also testing lower price targets.
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The up move just starting should thus be Intermediate Wave III of Major Wave THREE, the longest and strongest portion of the bull market. The gain in Intermediate Wave I from $680 to $1913 was 181%. The gain in Intermediate Wave III should be larger, at least a 200% gain. A gain of this magnitude starting from $1523 targets a price over $4,500. The largest corrections on the way to this target, of which there should be two, should be in the 12% to 14% range.
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A possible “black swan” event that could trigger a sharp gold rally:
To achieve the EW target of $4,500 on the next upward move will require something to trigger substantial new buying of gold. What could that event be? By definition, it will be a surprise to all market participants, a “black swan” event. That doesn’t prevent us from making a guess.
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One likely area from which problems could emerge with very large numbers are derivatives. The Bank for International Settlements produces a list of outstanding derivatives twice a year. The latest report can be found at: http://www.bis.org/statistics/otcder/dt1920a.pdf. This reveals that the total notional value increased from $601 trillion (with a “t”) at December 2010 to $707 trillion at June 2011. Nearly all of the increase was accounted for by interest rate contracts which now have a notional value of $553 trillion, some 78% of the total.
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As we discovered in 2008, derivatives are benign until losses occur. Once losses emerged from credit default obligations, it was game on for the GFC. Interest rate derivatives protect banks from interest rate rises. Most banks borrow short but have large loan books at fixed rates for long periods. Thus a big rise in interest rates could trigger claims on these derivatives.
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For the time being, rates seem to be locked at virtually zero in the USA, but this is not the case in Europe. Europeans are learning the lesson that rates rise when investors become concerned that the borrower can’t repay the amount borrowed, let alone the interest on the capital. When we drill down further into the BIS statistics at http://www.bis.org/statistics/otcder/dt21a21.pdf we discover that $219 trillion of the interest rate derivatives are denominated in Euros, compared with $170 trillion denominated in US Dollars.
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If just 10% of the interest rate derivatives in Euro’s produce losses, the world’s banking system would be looking down the barrel of a loss of $22 trillion. That is enough to bankrupt the entire world’s banking system, something that the politicians of the world could not tolerate. What would a bail out of $22 trillion do to financial markets? What would it do to the gold price?
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If it is not interest rates, there are $64 trillion of foreign exchange derivatives and a “mere” $32 trillion of credit default swaps outstanding that could produce “black swan” surprises.
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Bill Gross: Central Banks ‘Printing Money Like Gangbusters’!
- Let me assure you that the Illuminist FedRes will QE to infinity, like they are afraid it is going out of fashion! Got physical gold yet?
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Bill Gross: Central Banks ‘Printing Money Like Gangbusters’!
By: Margo D. Beller , http://www.cnbc.com/
The world’s central banks are “printing money like gangbusters,” which could revive the threat of inflation, Pimco founder Bill Gross told CNBC Wednesday.
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By putting “hundreds of billions” in currency in circulation, the central banks “can produce reflation—that’s why we’re seeing the pop in oil, gold” and other commodities, he said in a live interview. At the same time, “there’s the potential for deflation if the private credit markets can’t produce some sort of confidence and solvency going forward,” Gross said. “So we’re at great risk here, not only in the U.S. but on a global basis.”
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Gross has previously predicted a “paranormal” market in 2012 characterized by “credit and zero-bound interest rate risk” and fewer incentives for lenders to extend credit. He said stock and bond investors must lower their expectations when it comes to returns, with 2 percent to 5 percent as good as they get this year.
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He also told CNBC he expects the Federal Reserve will keep interest rates “exactly where it is at 25 basis points for the next three to four years.”
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About
Societal and economics observer and commentator with an endtimes, future history perspective. Follow me at Twitter: socioecohistory
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