Dr. Tom Horn: Petrus Romanus – The Final Pope is Here! False Prophet, Anti-Christ, Vatican Corruption, Mayan 2012 Prophecies … & Luciferians!

• See also:
  -
  Steve Quayle & Tom Horn: The Vatican And Alien Disclosure Timed With Petrus Romanus – The Final Pope!
  Steve Quayle, Tom Horn & Cris Putnam: Petrus Romanus – The Final Pope is Here! The False Prophet And The Annunciation of The Anti-Christ !
  -
• Thomas Horn is an internationally recognized lecturer, radio host and bestselling author of several books including his newest books, Petrus Romanus: The Final Pope Is Here. He is a well-known columnist who has been interviewed by US Congressmen and Senators on his findings as well as featured repeatedly in major media. Thomas received the highest degree honorary doctorate bestowed in 2007 from legendary professor Dr. I.D.E. Thomas for his research into ancient history.
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  He returns to Red Ice to discuss Petrus Romanus. For more than 800 years scholars have pointed to the dark augury having to do with “the last Pope.” The prophecy, taken from St. Malachy’s “Prophecy of the Popes,” is among a list of verses predicting each of the Roman Catholic popes from Pope Celestine II to the final pope, “Peter the Roman,” whose reign would end in the destruction of Rome. St. Malachy’s list heralds the beginning of “great apostasy” followed by “great tribulation” sets the stage for the imminent unfolding of apocalyptic events. According to this prophecy, the next Pope will be a false prophet who leads the world’s religious communities into embracing a political leader known as Antichrist.    
  -
  In the second hour, Tom speaks about Vatican luciferians and what role they play in the prophecy of the popes. He talks about the secret of Malachi Martin and the enthronement of Lucifer at the Vatican. We also discuss Albert Pike and satanic ritual. Tom says nothing in all his years comes close to the importance of what he is talking about today. Something strange and troubling is going on. Later, we talk about the next pope, Peter the Roman who fulfils the prophecy and Nostradamus’ prediction of a young black pope.
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• Book description:
  For more than 800 hundred years scholars have pointed to the dark augury having to do with “the last Pope.” The prophecy, taken from St. Malachy’s “Prophecy of the Popes,” is among a list of verses predicting each of the Roman Catholic popes from Pope Celestine II to the final pope, “Peter the Roman,” whose reign would end in the destruction of Rome. First published in 1595, the prophecies were attributed to St. Malachy by a Benedictine historian named Arnold de Wyon, who recorded them in his book, Lignum Vitæ.
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  Tradition holds that Malachy had been called to Rome by Pope Innocent II, and while there, he experienced the vision of the future popes, including the last one, which he wrote down in a series of cryptic phrases. According to the prophecy, the next pope (following Benedict XVI) is to be the final pontiff, Petrus Romanus or Peter the Roman. The idea by some Catholics that the next pope on St. Malachy’s list heralds the beginning of “great apostasy” followed by “great tribulation” sets the stage for the imminent unfolding of apocalyptic events, something many non-Catholics would agree with. This would give rise to a false prophet, who according to the book of Revelation leads the world’s religious communities into embracing a political leader known as Antichrist. In recent history, several Catholic priests–some deceased now–have been surprisingly outspoken on what they have seen as this inevitable danger rising from within the ranks of Catholicism as a result of secret satanic “Illuminati-Masonic” influences.
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  These priests claim secret knowledge of an multinational power elite and occult hierarchy operating behind supranatural and global political machinations. Among this secret society are sinister false Catholic infiltrators who understand that, as the Roman Catholic Church represents one-sixth of the world’s population and over half of all Christians, it is indispensable for controlling future global elements in matters of church and state and the fulfillment of a diabolical plan they call “Alta Vendita,” which is set to assume control of the papacy and to help the False Prophet deceive the world’s faithful (including Catholics) into worshipping Antichrist. As stated by Dr. Michael Lake on the front cover, Catholic and evangelical scholars have dreaded this moment for centuries. Unfortunately, as readers will learn, time for avoiding Peter the Roman just ran out.

Petrus Romanus the final pope is believed to be the False Prophet of the book of Revelation.

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James Turk: Bank & Government Collapses, Gold Spike Coming!

Global collapse is coming!

• Turk – Bank & Government Collapses, Gold Spike Coming! 
  by www.kingworldnews.com 
  With continued volatility in major markets, as well as gold and silver, today King World News interviewed James Turk out of Europe. Turk told KWN, “if the central planners try to paper over the insolvency of governments and many of the big banks with more money printing, then gold, silver and the mining shares will rocket even higher than I can imagine.”  Here is what Turk had to say about the recent action:  “The significance of the big jump on Friday in gold, silver and the mining shares cannot be overstated, Eric.  It was very important for a number of reasons.  First, it was a continuation of the trend we spoke about on Thursday.  The precious metals and the mining shares are showing clear, independent strength.”
  ….
  I think there are many reasons to expect history to follow a similar pattern with the precious metals climbing much higher from here, Eric, especially given how quickly the sovereign debt and banking crises are worsening.  The Economist magazine described this relationship very emphatically and with some humor:  “Banks and their governments are propping each other up like Friday night drunks.”
  ….
  After all, when fear of losing your money in a banking collapse and government insolvency becomes the foremost driver of investor thinking, the sky will be the limit for gold and silver.”
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  read more!

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Zoellick And Draghi Admit: It’s Over!

The Eurozone Titanic is sinking!

• Emphasis mine:
  -
  Zoellick and Draghi Admit: It’s Over! 
  by http://larouchepac.com/ 
  The heads of two of the leading financial institutions have candidly admitted that the entire trans-Atlantic financial system is doomed in the very short term, unless something radical is done.  Robert Zoellick, who leaves his post as President of the World Bank at the end of June, penned an oped in the Financial Times on Thursday, May 31, in which he frankly admitted that the European system was at a break point, and that if Greece were to leave the euro, there is no way to contain the contagion.
  -
  “While those living in the euro-zone building, especially those on the executive floors, will not want to hear an alarm, they had best read the instructions. Events in Greece could trigger financial fright in Spain, Italy and across the euro zone, pushing Europe into a danger zone,” Zoellick wrote. “If Greece leaves the euro-zone, the contagion is impossible to predict, just as Lehman (Brothers collapse) had unexpected consequences.”
  -
  Zoellick wrote that Europe “may be nearing a ‘break the glass’ moment: when one smashes the pane protecting the emergency fire alarm,” warning, “If a crisis does occur, the European Central Bank may not have the ability to respond fast, fully, and forcefully because of differences on the bank’s board.”
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  “A Greek exit would trigger a hit to confidence in other sovereign euro assets. Euro zone leaders need to be ready. There will not be time for meetings of finance ministers to discuss the outlook and debate the politics of incrementalism. In panicked markets, investors flee to safe assets, sparking other flames.”
  -
  Zoellick’s blunt warnings were echoed the same day by European Central Bank head Mario Draghi, who addressed the European Parliament in similar apocalyptic terms.  Urging European political leaders to drop their differences and take bold action, he posed the questions:  “Can the ECB fill the vacuum of lack of action by national governments on fiscal growth? The answer is no.  Can the ECB fill the vacuum of the lack of action by national governments on the structural problem? The answer is no.”  Draghi’s conclusion:  Without more aggressive action by the EMU’s 17 heads of state, the euro “is being shown now to be unsustainable unless further steps are to be undertaken.”
  -
  Businessweek reported on June 1 that a study by Société Générale SA concluded that a Greek pullout of the euro would bring the entire house of cards down.  “Although the direct costs of a Greek exit may be manageable, the reality is that such an event would demonstrate to financial markets that the single currency was not ‘irrevocable.’  The contagion from a Greek exit may therefore prove difficult to contain in an environment where both banks and sovereigns are already facing significant funding difficulties.  It is not hard to envisage a situation where the available official sources of funding are quickly exhausted.”
  -
  The report concluded that a Greek exit “would undoubtedly unleash a wave of contagion transmitted through three main channels:  potential deposit flight in other European countries, a significant increase in bank funding costs and the introduction of permanent currency risk premium into sovereign bond spreads. All of the euro area’s existing firewalls would have to be employed to stem the contagion which would probably see the need for the ECB to reopen its securities markets program and potentially conduct another LTRO.”
  -
  Of course, when it comes to solutions, Zoellick, Draghi and the rest are as bankrupt as the euro.  They are calling for ridiculous half-ass measures like a European-wide FDIC depositors insurance fund, Eurobonds and a globalization of the bailout of the European bank and sovereign debt.  Nothing short of a total Glass-Steagall separation and the cancellation of all the gambling debts is going to work.  All of these fools are caught in the same Malaysian Monkey Trap—and the nut inside the jar is the bailout policy, which they can’t let go of.

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LaRouchePAC: Spain with Its US$4T of Debts Will Collapse!

Jim Marrs: We Are A Zombie Nation!

Surviving The Coming Apocalypse with Tactical Expert James Yeager!

Stephen Lendman: US Military Build-Up in Asia – ‘Act of War’?

Bilderberg: The Covert Globalist Government?

Zionist Israeli Terrorism Against America!

• “Mr. Benjamin Freedman, a Jewish industrialist born in New York, wrote in the Economic Council Letter published there of October 15 1947: “These Eastern European Jews have neither a racial nor a historic connection with Palestine. Their ancestors were not inhabitants of the Promised Land. They are the direct descendants of the people of the Khazar Kingdom. The Khazars were a non-Semitic, Turko-Mongolian tribe.” Mr. Freedman was challenged, unwisely, by a Zionist objector; he invited his challenger to go with him to the Jewish room of the New York Public Library. There they could together examine the Jewish Encyclopedia volume I pp. 1-12, and the published works of Graetz, Dubnow, Friedlander, Raisin and many other noted Jewish historians, which, as well as other non-Jewish authorities, “establish the fact beyond all possible doubt”.’
  ~ Somewhere South of Suez (1950) pp349-350.” 

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

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USS Liberty Memorial: 8 June 1967 Zionist Israeli Massacre of 34 Americans and Wounding of 171 !

• Zionist ’666′ Israel is not America’s friend. It is in fact America’s greatest enemy! It is a master of false flag attacks to manipulate America into fighting unnecessary wars. As for those American snakes that lick the boots of the Zionists and covered up the whole affair, they need to be prosecuted.
  -
  On June 8, 1967, US Navy intelligence ship USS Liberty was suddenly and brutally attacked on the high seas in international waters by the air and naval forces of Israel. The Israeli forces attacked with full knowledge that this was an American ship and lied about it. Survivors have been forbidden for 40 years to tell their story under oath to the American public. The USS Liberty Memorial web site tells their story and is dedicated to the memory of the 34 brave men who died.
  -
  The Attack
  After surveilling USS Liberty for more than nine hours with almost hourly aircraft overflights and radar tracking, the air and naval forces of Israel attacked our ship in international waters without warning. USS Liberty was identified as a US naval ship by Israeli reconnaissance aircraft nine hours before the attack and continuously tracked by Israeli radar and aircraft thereafter. Sailing in international waters at less than five knots, with no offensive armament, our ship was not a military threat to anyone.
  -
  The Israeli forces attacked without warning and without attempting to contact us. Thirty four Americans were killed in the attack and another 174 were wounded. The ship, a $40-million dollar state-of-the-art signals intelligence platform, was later declared unsalvageable and sold for scrap.
  -
  The Cover Up
  Despite a near-universal consensus that the Israeli attack was made with full knowledge that USS Liberty was a US Navy ship, the Johnson administration began an immediate cover-up of this fact. Though administration officers continued individually to characterize the attack as deliberate, the Johnson administration never sought the prosecution of the guilty parties or otherwise attempted to seek justice for the victims. They concealed and altered evidence in their effort to downplay the attack. Though they never formally accepted the Israeli explanation that it was an accident, they never pressed for a full investigation either. They simply allowed those responsible literally to get away with murder.
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  In an ongoing effort to reveal the truth about the attack, the USS Liberty Veterans Association has filed with the Secretary of the Army in the manner prescribed by law a detailed, fully documented Report of War Crimes describing the circumstances of the attack on our ship and evidence that it was a crime under international law. In accordance with international law and treaties, the United States is obligated to investigate the allegations. So far, the United States has declined even to acknowledge that the report has been filed. The full text of the report can be found at :
  -
  http://www.gtr5.com/evidence/warcrimes.pdf

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

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Israel Fitting Nuclear Arms on German-Supplied Subs!

• Israel fitting nuclear arms on German-supplied subs! 
  by AFP
  Israel is arming submarines supplied and largely financed by Germany with nuclear-tipped cruise missiles, influential German news weekly Der Spiegel reports in its issue to be published on Monday. The magazine said in a cover story that Berlin had until now denied any knowledge that German submarines were being used as part of an Israeli atomic arsenal.
  -
  But former high-ranking officials of the German defence ministry told Der Spiegel that the government always assumed Israel was putting nuclear warheads on the Dolphin-class vessels. The article, based on a months-long probe, cited files from the foreign ministry in Berlin indicating the West German state was aware of the practice as early as 1961.
  -
  In Israel, foreign ministry spokesman Yigal Palmor said only: “I can confirm that we have German submarines. It’s no secret. “As for the rest, I am not in a position to talk about their capacity,” he told AFP. Israel is the Middle East’s sole if undeclared nuclear-armed power.
  -
  Germany has already supplied Israel with three of the submarines in question, footing most of the bill, and another three are to be delivered by 2017 under a recently signed contract. Meanwhile Israel is weighing whether to order three more, according to the report.
  -
  “The Germans can be proud to have ensured the existence of the state of Israel for several years to come,” Israeli Defence Minister Ehud Barak was quoted by Der Spiegel as saying.
  -
  The opposition Social Democrat Party called Sunday on Chancellor Angela Merkel’s government for an explanation. “The federal government must provide information so that we know if the submarines delivered by Germany can be potentially equipped with nuclear warheads,” party spokesman Rolf Muetzenich told Der Spiegel. Merkel’s spokesman Steffen Seibert said all submarines had been delivered unarmed.
  -
  “The federal government will not speculate on subsequent arming,” he said. The report said Germany hoped to see Israeli concessions on settlements on Palestinian land and approval for the completion of a sewage treatment plant in the Gaza Strip in exchange for the assistance.
  -
  Israel sees its existence under threat if its arch-foe Iran goes nuclear. Like the United States, it has refused to rule out bombing Iranian nuclear sites. Germany, bearing the historical guilt of the Holocaust, is Israel’s closest ally in Europe.
  -
  But it has sharply criticised Prime Minister Benjamin Netanyahu’s pro-settlement policies in the West Bank and annexed east Jerusalem as undermining peace efforts with the Palestinians. Tensions between Germany and Israel flared in April when Nobel prize-winning German author Gunter Grass published an inflammatory poem warning that a nuclear-armed Israel “could wipe out the Iranian people (with a) first strike.”

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 13th Tribe of Khazaria! Ashkenazi Khazars Are Not The Jews of The Bible!
  If almost 98% of JEWS we know today are NOT semitic, wouldn’t the term ANTI-SEMITIC be null and void? I made this video with 3 Jewish friends who admit they are not Semites!!!!
  -
  “Many [modern-day Jews] of whom have clamored to go back [to Palestine] NEVER had antecedents [physical ancestors] in that part of the world …. The OVERWHELMING majority of Jews are descendants from the converts of Khazaria and elsewhere who ADOPTED Judaism…. This VIEW of the NON-ethnicity of the largest portion of Jewry IS SUSTAINED by such prominent anthropologists as Ripley, Weissenberg, Hertz, Boas, Pittard, Fishberg, Mead and others. . “
  - Dr. Alfred M. Lilienthal
  -
  “… Though many Jews are NOT of Semitic origin, we are the religious, spiritual, and national [but NOT genetic] descendants of those who first formed the early foundations of Judaism who were Semites”
  - Rabbi Cyril A. Stanway in “Viewpoints,” Thursday, November 8, 1990, in the Sun-News (Las Cruces, New Mexico)
  -
  “. . these Eastern European, Yiddish-speaking Jews who form the Zionist group practically in toto [almost entirely], have NEITHER a geographic, historic NOR ethnic connection with either the Jews [Israelite Judahites] of the Old Testament OR the land known today as Palestine. “
  - Jewish Dr. Benjamin H. Freedman, published by the National Economic Council, Inc. as “Council Letter No. 177 (October 15, 1947)
  -
• Modern Judaism is not the religion of the Bible! See here!
• Modern Ashkenazi Jews are not the Jews of the Bible! God’s covenant was with Abraham and his biological descendents. Ashkenazi Jews are not semitic and their ancestors were never in Palestine. They are not the descendents of Abraham/Isaac/Israel. They have no right to stay in Palestine. What the Zionists are doing to the Palestinians is called: genocide and ethnic cleansing! Zionist ’666′ Israel is not the Israel of the Bible! It is a LIE!
  -
  1980 Jewish Almanac
  “Strictly speaking it is incorrect to call an ancient Israelite a ‘Jew’ or to call a contemporary Jew an Israelite or a Hebrew.” (1980 Jewish Almanac, p. 3)
  .
  The Jewish Encyclopedia:
  “Khazars, a non-Semitic, Asiatic, Mongolian tribal nation who emigrated into Eastern Europe about the first century, who were converted as an entire nation to Judaism in the seventh century by the expanding Russian nation which absorbed the entire Khazar population, and who account for the presence in Eastern Europe of the great numbers of Yiddish-speaking Jews in Russia, Poland, Lithuania, Galatia, Besserabia and Rumania.”
  .
  The American Peoples Encyclopedia … for 1954 at 15-292 records the following in reference to the Khazars: “In the year 740 A.D. the Khazars were officially converted to Judaism. A century later they were crushed by the incoming Slavic-speaking people and were scattered over central Europe where they were known as Jews.
  -
  According to the standard Jewish Encyclopedia 96% of all the Jews known to the world today are descendents of the Khazar tribes of Russia, Eastern Europe and western Mongolia.
  -
• The Bible specifically forbids the ill-treatment of people different from us ie: strangers. What Zionist ’666′ Israel does to the Palestinians is called: genocide and ethnic cleansing! Zionist ’666′ Israel is in total violation of God’s law!
  -
  Exodus 22:21
  “You shall neither mistreat a stranger nor oppress him, for you were strangers in the land of Egypt.”
  Exodus 23:9
  “Also you shall not oppress a stranger, for you know the heart of a stranger, because you were strangers in the land of Egypt.”
  Leviticus 19:33
  ‘And if a stranger dwells with you in your land, you shall not mistreat him.’
  Leviticus 19:34
  The stranger who dwells among you shall be to you as one born among you, and you shall love him as yourself; for you were strangers in the land of Egypt: I am the LORD your God.
  Leviticus 23:22
  ‘When you reap the harvest of your land, you shall not wholly reap the corners of your field when you reap, nor shall you gather any gleaning from your harvest. You shall leave them for the poor and for the stranger: I am the LORD your God.’
  Leviticus 24:22
  You shall have the same law for the stranger and for one from your own country; for I am the LORD your God.
  Ezekiel 47:22-23
  ²² It shall be that you will divide it by lot as an inheritance for yourselves, and for the strangers who dwell among you and who bear children among you. They shall be to you as native-born among the children of Israel; they shall have an inheritance with you among the tribes of Israel. ²³ And it shall be that in whatever tribe the stranger dwells, there you shall give him his inheritance,” says the Lord GOD.
  -
• The so-called Star of David is a Satanic symbol. Satanists and occult practitioners use it for calling Satan and demons!
  -
  Former Satanist, Bill Schnoebelen (now born again Christian)
  “A hexagram must be present to call forth a demon” and ” it is a very powerful tool to invoke Satan”. – “To the sorcerer, the hexagram is a powerful tool to invoke Satan.” In fact, the word “hex” — as to put a “hex” or “curse” on people — comes from this word. – If you examine the so-called “Star of David,” or hexagram, closely, you will discover something astonishing. It has six points, forms six equilateral triangles, and in its interior forms a six sided hexagon — thus it reveals the number of Satan’ antichrist beast, — 6 points, 6 triangles, and the 6 sides of the hexagram — 666 !!!
  -
• See also:
  -
  History of The “Six Million” Myth!
  Bolshevik Jews Plotted The Ukrainian Holocaust!
  The Jewish Genocide of 1.4+ Million Armenian Christians!
  The Bolshevik Jews Behind The Deaths of 40+ Millions During The Communist Revolution!
  YNET Israel News: Stalin’s Jews. We Mustn’t Forget That Some of Greatest Murderers of Modern Times Were Jewish!
  Bolshevik Jews Plotted The Ukrainian Holocaust!
  Mark Weber: The Jewish Role in the Bolshevik Revolution and Russia’s Early Soviet Regime! During Which 20+ Million Russians Died !
  The Hidden History of Jewish Bolshevism & Freemasonry! How Masonic Wall Street Banksters Financed The Communist Revolution Which Killed Over 100 Million People!
  Mark Weber: Wilhelm Höttl And The Elusive ‘Six Million’! Part 2 – How Many Jews Died?
  Ashkenazi Khazars (90+% of modern Jewry) are not the Jews of the Bible!
  Benjamin Freedman: Ashkenazi Khazars Self Style “Jews” Are Not Semitic And Not The Biological Descendents of The 12 Tribes of Israel !
  The 2002 Jenin Holocaust of Palestinians By Zionist ’666′ Israel !
  Deir Yassin Remembered ! The 1948 Holocaust of Palestinians by Zionist ’666′ Israel !
  Jewish Historian Ilan Pappe: History of Zionism – Genocide And Ethnic Cleansing of Palestine!
  Jenin Massacre
  Jewish Historian Teddy Katz: 1948 Tantura Massacre of Palestinians! Genocide And Ethnic Cleansing!
  Zionist ’666′ Israeli Apartheid and The Nakba!
  Forget Deir Yassin: Its Victims Were “Unworthy”! The Holocaust of Palestinians by Zionist ’666′ Israel !
  Holocaustianity: Zionism’s Big Lie!
  Texe Marrs: Conspiracy of The 6 Pointed Star!
  Repost: Holocaust, Hate Speech & Were the Germans so Stupid?
  Jack Bernstein: The Life of an American Jew in Racist Marxist Israel !
  Peace, Propaganda & The Promised Land ! US Media And The Israeli-Palestinian Conflict!
  ’666′ Star of David, Satanic Curse / Hex(agram) On Humanity! Occult Symbol.
  The Historical Truth About Auschwitz!
  Jewish Estimate Sees Number of Holocaust Dead Drop To 2.8 Million!
  Fred Leuchter: The End of The Auschwitz Gas Chambers Myth!
  Fred A. Leuchter, Jr.: Inside the Auschwitz ‘Gas Chambers’!
  The Rudolf Report: Expert Report on Chemical and Technical Aspects of the ‘Gas Chambers’ of Auschwitz!
  Barbara Kulaszka: What is ‘Holocaust Denial’?
  How Many Died At Auschwitz?
  How the Illuminati Manipulates Jews!
  Hitler Was A Rothschild Jew?!
  Norman Finkelstein on Zionism And The Holocaust Industry!
  Holocaust Denier Death, Mossad Linked. How Many Jews Died in the German Concentration Camps?
  Gideon Levy: Ethnic Cleansing of Palestinians, Or, Democratic Israel At Work?!
  Israel Admits It Covertly Canceled Residency Status of 140,000 Palestinians!
  Flashback 1990: Holocaust Expert Rejects Charge That Nazis Made Soap From Jews!

“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” - from 4:22 onwards

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Europe Mulls Major Step Towards “Fiscal Union”!

Daniel 7:7 – ” … behold, a fourth beast, dreadful and terrible, exceedingly strong. It had huge iron teeth; it was devouring, breaking in pieces, and trampling the residue with its feet. It was different from all the beasts that were before it, and it had ten horns.”

• Fiscal union implies political union. It also implies the centralization of power: EUSSR! It will be a fascist EU 2.0 superstate (10 Horn Beast)!
  -
  Europe mulls major step towards “fiscal union”! 
  By Noah Barkin and Daniel Flynn | Reuters
  BERLIN/PARIS (Reuters) – When Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets, the idea seemed fanciful, a distant dream that would take years or even decades to realize, if it ever came to be.
  -
  One year later, with the euro zone’s debt crisis threatening to tear the bloc apart, Germany is pushing its partners for precisely the kind of giant leap forward in fiscal integration that the now-departed European Central Bank president had in mind.
  -
  After falling short with her “fiscal compact” on budget discipline, German Chancellor Angela Merkel is pressing for much more ambitious measures, including a central authority to manage euro area finances, and major new powers for the European Commission, European Parliament and European Court of Justice.
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  She is also seeking a coordinated European approach to reforming labor markets, social security systems and tax policies, German officials say.
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  Until states agree to these steps and the unprecedented loss of sovereignty they involve, the officials say Berlin will refuse to consider other initiatives like joint euro zone bonds or a “banking union” with cross-border deposit guarantees – steps Berlin says could only come in a second wave.
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  The goal is for EU leaders to agree to develop a road map to “fiscal union” at a June 28-29 EU summit, where top European officials including European Council President Herman Van Rompuy will present a set of initial proposals.
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  European countries would then put the meat on the bones of the plan in the second half of 2012, several European sources have told Reuters, including a timetable for overhauling EU treaties, a step Berlin sees as vital for setting closer integration in stone.
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  “The fundamental question is relatively simple. Do our partners really want more Europe, or do they just want more German money?” a government official in Berlin said.
  -
  If European countries go ahead, the steps would represent the most significant policy leap since they agreed to give up their national currencies and cede control over monetary policy 13 years ago. But the hurdles are daunting.
  -
  “The world is not coming to an end; rather, it feels as if we are on the doorstep to another major European integration move,” said Erik Neilsen, chief economist at Unicredit. “But why do these initiatives only come when we are on the edge of the cliff where the risk of an accident is so much higher?”
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  read more!

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Marc Faber Predicts Massive Market Crash in The Fall !

• Marc Faber Laughs Maniacally, Predicts Massive Market Crash in the Fall ! 
  by Mike Tirone, http://www.wealthwire.com/ 
  The editor of the Gloom, Boom, and Doom Report got fired up in an interview  with Fox Business News. After another day of lows in the market, and record lows in U.S Treasuries, Marc Faber expressed his concern with the stock market, gold, and more money printing. Here are some quotes from his interview :
  -
  “We could easily drop below 1000 on the S&P.”
  “If you print as has been printed in the U.S. over the last 2, 5, 10, 20 years, it’s very beneficial for corporate profits because it flows mostly into the comforts of companies but eventually the money printing stops and corporate profits don’t grow anymore.”
  -
  “I like physical gold but I think we are still in a correctional period but like the stock market, I think gold has been oversold.”

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Market Rumor: Pimco And JP Morgan Halt Vacations To Prepare for Economic Crash!

• Market rumor: Pimco and JP Morgan halt vacations to prepare for economic crash! 
  by Kenneth Schortgen Jr, http://www.examiner.com/
  On June 1, market rumors were coming out of a hedge fund luncheon stating that Pimco, JP Morgan, and other financial companies were cancelling summer vacations for employees so they could prepare for a major ‘Lehman type’ economic crash projected for the coming months.  These rumors came on a day when the markets nearly came to capitulation, with the DOW falling more than 274 points, and gold soaring over $63 as traders across the board fled stocks and moved into safer investments.
  -
  Todd Harrison tweet: Hearing (not confirmed) @PIMCO asked employees to cancel vacations to have “all hands on deck” for a Lehman-type tail event. Confirm?
  Todd M. Schoenberger tweet: @todd_harrison @pimco I heard the same thing, but I also heard the same for “some” at JPM. Heard it today at a hedge fund luncheon.
  -
  Todd Harrison is the CEO of the award winning internet media company Minyanville, while Todd Shoenberger is a managing principal at the Blackbay Group, and an adjunct professor of Finance at Cecil College.
  -
  Pimco and JP Morgan Chase are not the only financial institutions worried about a potential repeat of the 2008 credit crisis.  On May 31, one day before Pinco rumors began to spread around the markets, World Bank President Robert Zoellick issued the same warnings of a potential ‘rerun of the great panic of 2008′.
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  read more!

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Chinese Gold Imports Spike to Staggering Record Level ! Gold Revaluation Ahead?!

• How will Illuminist banksters save their banks? By simply revaluing the price of gold. Imagine if a bankrupt bank owes US$10B but has US$1B worth of physical gold. What the central banksters will do is to declare that their US$1B worth of physical gold is now worth US$10B. Straight away the bank is solvent. It is all a SCAM !
  -
  Chinese Gold Imports Spike to Staggering Record Level ! 
  by www.kingworldnews.com
  On the heels of the spectacular rally in gold on Friday, and with global markets continuing to struggle, today King World News interviewed acclaimed money manager Stephen Leeb, Chairman & Chief Investment Officer of Leeb Capital Management.  Leeb told KWN that Chinese gold imports spiked to unbelievable record levels.  But first, here is what Leeb had to say about the situation in Europe:  “As George Soros said this weekend, ‘It’s not just the eurozone that’s at stake, it may be the whole EU that’s at stake.  I think the Greeks will decide to stay with the euro.  It’s dawning on them that the consequences of withdrawing will be dire, at least for the near-term.”
  ….
   “The big question overhanging Europe is Germany.  I think Germany is getting the message that if everything fails but Germany, Germany fails too and they fail in spades.  You are getting to the point where you are definitely going to see some serious added liquidity in the eurozone. It’s not going to be six months from now.  It’s going to be in the short-term.  That’s a very big deal….
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  If you have a race to the bottom with all paper currencies, who is going to win?  It is any accident that the BIS, who define the rules for banks, are actually considering making gold a Tier-1 asset?  That could imply a re-pricing of the gold market.  I mean massive re-pricing because all of a sudden (gold) is, de facto, backing up some of these currencies. I think that’s where we’re headed.  I don’t see how you avoid it.  Gold is taking center stage.”
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