Socio-Economics History Blog

Socio-Economics & History Commentary

Brandon Smith: Debt Default Will Kill the Dollar!

  • Debt Default Will Kill the Dollar-Brandon Smith! 
    by Greg Hunter’s USAWatchdog.com 
    Economic and political writer Brandon Smith thinks America is in deep financial trouble, and the Fed knows it.  Smith contends, “First of all, I’d like to point out that at the end of last year, I brought up the prospect to the alternative economics community that the ‘taper’ was real, that the Fed would start cutting QE stimulus.  I received a pretty negative response from that concept, which is understandable because a lot of people in alternative economics and the liberty movement are focused on the concept of hyperinflation through printing.  I am pointing out through my articles on ‘taper’ that there is more than one way to kill the dollar.  It’s not just about printing.  There is also the issue about debt default and how that can kill the dollar’s world reserve status and kill the dollar’s value in the process.  So, the ‘taper’ is a huge part of that process of debt default.”
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    S
    mith goes on to say, “I find it interesting the Federal Reserve institutes the ‘taper’ just before we saw major downturns in global manufacturing.  The Baltic Dry Index is starting to crash again.  We’re starting to see trouble in emerging market currencies.  You could say that maybe that’s coincidence that the Federal Reserve started the ‘taper’ before those negative indicators started to become visible.  I don’t think that was a coincidence.  I think they knew that those negative indicators were coming, and the Fed is insulating itself using the ‘taper’ concept.  Basically, what that means is the Fed is pulling back its QE because the effects of QE are diminishing.   Stimulus has a shelf-life.  Printing has a shelf-life for its effectiveness in manipulating markets and propping up stocks.  I think we’ve hit the point where QE is no longer effective.  The shelf-life is over.  They are pulling the QE back now because they don’t want it to be known to the public that QE has become ineffective.  They don’t want QE to be blamed for a stock market implosion.  So, they are pulling it back because they know this downturn is coming.”
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    What about talk that the Fed is ‘tapering’ QE to intentionally cut the legs out from under the market?  Smith explains, “Ultimately, the Fed is not pulling back from QE because the Fed wants to cut the legs out from under the market.  I think the market is losing its legs regardless.  They are pulling QE back because what happens if we have a stock market implosion while stimulus is running?  I am saying the Fed is removing QE as part of the equation because it knows an implosion is going to happen, and they don’t want to be blamed.”  Smith predicts that another $10 billion of QE, or money printing, will be cut at the next Fed meeting.  Smith says, “The Fed is looking to end this by the end of the year, but maybe even faster.”
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    Smith predicts U.S. debt will “explode in 2014.”   Smith goes on to say, “I think the U.S. debt issue is going to be very big this year.  I think where all this is headed is debt default by the United States and intervention by the IMF.  I believe the IMF will intervene in U.S. Treasuries.”  Smith thinks America is headed for one big “final swindle.”  Smith says the government is “cornering the last vestiges of U.S. wealth in the Treasury market and then will cut the legs out from under the Treasury market and thereby destroying the few people left in the middle class and deal with an economic collapse situation. . . . I think we will not see a full-on collapse where we wake up and there is nothing.  We will have a slow to medium speed collapse where we will lose a considerable percentage of the value of the dollar.  We will see major price hikes in necessary goods such as food, energy and electricity.   I think the ultimate goal is to have the IMF move in and take over the management of the U.S. economy.  I think the IMF and the U.N. will work hand in hand to rebuild the U.S. economy once it collapses.”  Smith goes on to say, “I I have never seen so many possible global trigger events in the short time since I started to report on these global events.  If you would have told me back in 2008 that we may one day be on the verge of WWIII in the Ukraine or with China and Japan, I might not have believed you. . . .  I think there is a good possibility of a limited exchange, or limited use of nuclear weapons.”
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    On gold and silver, Smith says, “People in the investment market are going to start looking for alternative hedges.”  Smith thinks, “Silver will go way up,” and “gold will be up 20% to 30% this year.”  (There is much more in the video interview.) 

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February 26, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Detlev Schlichter: Paper Money Collapse!

http://papermoneycollapse.com/DSnew/wp-content/uploads/2011/10/Schlichter_Paper-Money-Collapse_A5_Flyer.pdf

Click on image for introductory flyer on book!

February 24, 2014 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

“V” The Guerrilla Economist: 3rd World USA, 80% Dollar Devaluation, Global Currency Reset, Gold $20K+ & More!

February 22, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Gerald Celente: It’s Raining Bankers To Protect The US Dominance!

He so happened to walk into the path of a falling piano!

He so happened to walk into the path of a falling piano!

  • Celente – It’s Raining Bankers To Protect The US Dominance! 
    by www.kingworldnews.com
    Today the top trends forecaster in the world told King World News that there may in fact be over 20 dead bankers at this point, rather than the 7 that are being reported, and all of this is happening in order to protect US world dominance.  Below is what Gerald Celente, founder of Trends Research and the man considered to be the top trends forecaster in the world, had to say in this remarkable interview.
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    Eric King:  “Gerald, as you know it’s raining bankers, and Stephen Leeb told KWN this all has to do with the United States maintaining the US dollar as the world’s reserve currency.  Meaning, people are being killed in order to protect secrets and to protect the dollar.” 
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    Celente:  “Yes.  They are doing everything they can to keep the dollar as the reserve currency.  We have more investigations into the rigging of LIBOR and global currency markets….
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    read more!
Oops! It's an accident! No bull!

Oops! It’s an accident! No bull!

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February 19, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | 2 Comments

Matrix Of Dead Bankers & Terror At Highest Government Levels!

Suicide or suicide?

Suicide or suicided?

  • Matrix Of Dead Bankers & Terror At Highest Government Levels! 
    by www.kingworldnews.com
    On the heels of another supposed JP Morgan banker ‘suicide,’ today an acclaimed money manager told King World News that we are now living in a ‘Matrix,’ where people at the highest levels of government are scared.  He also said, “I’m sure this is a terrifying situation for those who are at the heart of this investigation on the banking side.”  Below is what Stephen Leeb had to say in this powerful interview.
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    Leeb:  “Eric, for the United States government, there is nothing more important in this world right now than to maintain having the world’s reserve currency.  Having the reserve currency allows the US to deal with all sorts of problems….

    People are getting really scared at high levels of government, and they are acting accordingly.  They are taking action and they are eliminating people who can hurt them, one way or the other.  I’m sure this is a terrifying situation for those who are at the heart of this investigation on the banking side.
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    read more!
suicide-jump

Did he jump or was he pushed?

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February 19, 2014 Posted by | Economics | , , , , , , , , , , | 1 Comment

Peter Schiff: We’re Going to be Hit with a Tsunami of Inflation!

  • We’re Going to be Hit with a Tsunami of Inflation-Peter Schiff! 
    by Greg Hunter’s USAWatchdog.com 
    Money manager Peter Schiff has a read on gold short sellers.  Schiff says, “Of course the short sellers never had the gold to begin with.  They’re selling gold they don’t have, and I think the shorts are getting a little bit nervous, but they are going to get a lot more nervous as we turn up the heat here.  Gold is now above $1,300 (per ounce).  I think it’s going to be above $1,400 before they start to panic a little bit, and I think that’s great.”  Schiff goes on to say, “I like the fact the market is moving up and nobody is buying it, nobody is paying attention to it.  If they are, they are dismissing it.  People think this is a head fake or a dead cat bounce.  Instead, it’s the resumption of the (gold) bull market.”
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    On gold mining stocks, Schiff proclaims, “The valuations are phenomenal in the mining sector because everybody assumed that the price of gold was going to keep falling, and those false assumptions were built into these share prices.  So, I think there is a tremendous opportunity for people who want to hit a home run in gold and silver to get into the mining companies. . . . The best performing stock funds so far in 2014 are the gold funds.”
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    On the effect of Obama Care on the economy, Schiff contends, “The employment base is collapsing; so, the tax base is collapsing.  The budget deficits are going to get bigger than ever.  They just voted to raise the debt limit, but they didn’t actually just raise the limit–they suspended it.  So, in fact, the sky is the limit.  They can pile on as much debt as they want to because right now, there IS no limit to the amount of debt we can have, which means we are going to get a lot more debt.  Everybody thinks this is good news. . . . Why is that good news?  Maybe that’s good news if you are a gold investor, but it’s bad news for everybody else.”
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    On the possibility of another financial crash, Schiff says, “The messes get progressively bigger because the bubbles get progressively bigger.  We have the biggest bubble ever blown right now because we have a simultaneous bubble in the stock market and the real estate market and the bond market. . . . The air is coming out of all of them.  The Fed knows this bubble is too big to pop.  That’s why the Fed is going to come back with an even bigger round of QE (money printing) than the last round.  We’re going to be hit with a tsunami of inflation. . . . I think we’re going to be stuck with a lot of the money, which means it will bid up consumer prices.  New Fed Chief Janet Yellen said she wants more inflation. Well, she’s going to get it.”
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    Schiff thinks the U. S. Dollar will be in trouble first and not Treasury Bonds.  Why?  Schiff says, “The dollar will go poof first.  Remember, the Federal Reserve can buy up all those bonds to stop the prices from collapsing, but in order to do so, it has to print dollars.  But, eventually, the dollar collapses because the world figures out the game.  The Fed can print all the dollars they want, but they can’t force people to accept them.  That is going to be the problem.”   (There is much more in the video interview.) 

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February 18, 2014 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Are Bankers Being Killed Because They Know Too Much?

Beware_The_banksters_Cartoon

  • Are Bankers Being Killed Because They Know Too Much? 
    by www.kingworldnews.com
    Today a brave and outspoken hedge fund manager out of Hong Kong told King World News that what the world has just witnessed is not the suicide of five bankers, but rather five bankers that were killed because of their knowledge, and therefore the threat that they would expose the criminal activity of major banks.  William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also spoke with KWN about why this tragic situation is unfolding in such a gruesome manner.
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    Eric King:  “Bill, we have bankers dropping like flies.  What is happening here?”
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    Kaye:  “They are, and the question is:  Are they being pushed to their deaths or do they delusionally think there is a swimming pool below?  It’s very tragic, but it also ties into our earlier discussions about how the bullion banks have conspired to manipulate gold and silver, and also how banks are manipulating markets around the world….
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    read more!

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February 15, 2014 Posted by | Economics | , , , , , , | 1 Comment

Jim Willie: US $ Implosion & Petrodollar Demise in 2014, QE Inflation, Gold Standard & More… !

  • Published on Feb  7, 2014  (Interviewed on 5 Feb 2014)         
    I sopke with Jim WIlie, editor of The Hat Trick Newsletter published on http://www.GoldenJackass.com website. Topics covered:
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    End of Petrodollar,
    Rise of PetroYuan
    Price Inflation from QE
    Trade settlements outside of US Dollar
    Rise of Gold / Yuan .
    Alternative gold backed currency trade settlement agreements bypasing the US dollar
    Return to Gold Standard

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February 12, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | 1 Comment

Jim Willie: Global Currency Reset & The Birth of the New ’3rd World’ American Dollar!

Storm Hurricane_Sandy_threatening_NewYork_Oct2012-

  • Jim Willie: The Birth of the New 3rd World Dollar! 
    by Jim Willie, via http://www.silverdoctors.com/ 
    Summary
    The solution within the global currency reset is the launch of the new American Dollar, for its own usage, no longer a global reserve currency.
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    The United States is fast racking up characteristics of a Third World nation. Its finances are Third World. Its president is Third World. Its banking integrity is Third World. Its absent industry is Third World. Its decaying cities are Third World. It urgently begs for a Third World currency, but that is soon to be remedied. The nation has been a freeloader on the global reserve currency for too long. That is about to end.
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    by Dr. Jim Willie. www.goldenjackass.com
    The United States is fast racking up characteristics of a Third World nation. Its finances are Third World. Its president is Third World. Its banking integrity is Third World. Its absent industry is Third World. Its decaying cities are Third World. It urgently begs for a Third World currency, but that is soon to be remedied. The nation has been a freeloader on the global reserve currency for too long. That is about to end. For the last three years, the United States has been living in a fairy tale with bailouts from the vast bond monetization. The Quantitative Easing with its amplified bond purchases and hidden channels to disguise higher volumes has been operating as an historically unprecedented Wall Street bailout and Fannie Mae fraud recycle room. Pressures are building. The USDollar held in foreign jurisdictions is beyond the legal authority of the USGovt, which cannot continue covering its debts with inflation spew in the grandest heretic experiment in history. The solution within the global currency reset is the launch of the new American Dollar, for its own usage, no longer a global reserve currency.
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    Given its wretched fundamentals, it earns the name of Scheiss Dollar. Those familiar with the German language recognize it as the Shit Dollar. It will be stowed high in transit, true to the colonial application of shipping manure that gave off gas. S.H.I.T. was a warning to beware of gas explosions from lanterns on ships transporting the fertilizer agent. The current USDollar is not just giving off excess gas for global banking system flatulence. Its gas has produced vast insolvency in the banking systems of many nations. The air pockets in circulatory systems have caused widespread cardiac arrest. The higher cost structure, primarily felt in food prices and energy prices, but also in material prices, has resulted in diminished profitability and a ruinous retirement of capital. The capital destruction must be halted, going hand in hand with global recession. Foreign nations demand a new solution and quickly. Thus the Global Currency Reset, within which the new Scheiss Dollar will be launched.
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    INSURMOUNTABLE PRESSURES BUILD
    As the world moves away from the USDollar, it will avoid the USTreasury Bond in banking reserve function. The world will settle trade outside the USDollar on a rapidly growing basis. The result will be a shock to the USeconomy with fast rising prices. Alternative systems will move toward other currencies in trade settlement, like the Chinese Yuan and Gold bullion. The USFed will compensate by printing money to cover the USTBond selloff, dumping, divestiture, and indirect exchange. Only when the foreign suppliers do not want USDollars will the problem hit the United States like a financial hurricane.
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    The USFed response will trigger two events: a separate dollar from a split, and the ravage of price inflation. Not monetary inflation but rather a currency crisis will slam the United States. Powerful dynamics inside the United States and outside the United States will result in split birth of a new Scheiss Dollar for domestic usage, but also a flood of foreign USDollars converted to Gold bullion. The Scheiss Dollar will suffer from a sequence of devaluations. The conversion of USTBonds and other sovereign bonds to gold will gain momentum to change the face of the world. The Gold Standard lies directly ahead. In fact, the Global Currency Reset has a more appropriate name in the Return to the Gold Standard.
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    The pressures internal and external to the United States will force drastic action. The USGovt must defend against a growing tide of USTreasury Bond dumping and absent demand for USTreasury Bonds, both hitting simultaneously. The USFed cannot solve the imbalance and fill the gaps, by means of endless monetary hyper inflation. The USGovt must make a new Domestic Dollar, and devalue it in order to assure supply to the import dependent USEconomy. Neither the financial so-called experts nor the US maestros will not anticipate how deeply they will have to devalue the New Scheiss Dollar. The Jackass estimates between 50% and 60% in at least two steps, probably more. The result will be well over 100% price inflation. See Venezuela for an example that made up for two decades of abuse. Also, the US maestros have misjudged the oil supply from the Bakken region, misjudged the natural gas supply from Shale projects, while contaminating the US-based water supply table.
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    read more!

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February 11, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | 1 Comment

RED ALERT: Coming Currency Collapse & Bullion Banks Rush To Increase Registered Gold Inventories!

Comex-Registered-Gold-02062014

  • RED ALERT:  Coming Currency Collapse & Bullion Banks Rush To Increase Registered Gold Inventories
    by  
    The warning signs are increasing as the death of the Global Fiat Monetary System approaches.  The bullion banks lost 88% of their Comex registered gold inventories over the last year and are now rushing to build their stocks to satisfy future deliveries. Here we can see that since April of 2013, the Comex Gold Registered Inventories declined 88% from 3 million oz to a low of 369,212 oz at the end of January: (top of post)
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    According to Harvey Organ’s interview, 20 Tons of Gold “Kilo Bars” Withdrawn From JPM Vaults & Headed to Hong Kong! , 1.3 million oz of gold were standing for delivery in the beginning of February.  However, Harvey believes the majority of these contracts were settled with cash.
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    It is no surprise that a large percentage of these contracts were cash settled, because there wasn’t enough available gold in the registered inventories.  In just the past three days, the bullion banks transferred nearly 200,000 oz of gold from their Eligible inventories to their Registered.
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    read more!

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February 10, 2014 Posted by | Economics | , , , , , , , , , , , , | Comments Off

Gregory Mannarino: Debt and Currency Crisis that Will Rock the Core of the Earth!

  • FedRes Rattling Emerging Markets to Keep U.S. Propped Up-Gregory Mannarino!
    by Greg Hunter’s USAWatchdog.com 
    Analyst and stock trader Gregory Mannarino says the market meltdown this week was caused by the Fed and weak economy.  Mannarino says, “We understand there is a dynamic that has been changing here in the market with regard to the Fed’s purchasing mortgage-backed securities and bonds.  This has rattled the emerging markets.  They’re having problems with their currencies . . .  The Federal Reserve has created an environment of distortions.  By them pulling back some of this liquidity from the global economy, they’ve caused problems in these emerging markets, and this is being done on purpose.”  What is the Fed trying to accomplish by destabilizing emerging market countries?  Mannarino claims, “So, by rattling the emerging markets here, they are going to force investors into U.S. equities and into the U.S. bond market.  It’s sort of a backdoor stimulus. . . . This just keeps the party going.  That’s all this is.”
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    This may work in the short term, but it is not long term bullish for the markets.  Mannarino warns, “We have this issue with the U.S. economy.  They have been force feeding us nonsense . . . that we are in some kind of recovery. . . . This ISM number we got (Institute of Supply Management), we have not seen a pullback like this since 1980.  It rattled the market. . . . We’re also getting mediocre earnings reports.  We got unemployment numbers that are not good.  So, this is spooking the market.”  Looking at the big picture of the global economy, Mannarino goes on to say, “I am still a bull here in regards to the U.S. equity markets, but we all know where this is going.  This is going to end terribly at some point.  A complete financial meltdown is happening.  You can see this already how the Federal Reserve has distorted this beyond the point of ridiculousness.  Now, they are forcing the emerging market investor to look to the U.S. equity markets.  At some point, people are going to see this whole thing is not sustainable.  We are going to have a crisis of currency, a crisis of debt that is going to rock the core of the earth—period.” 
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    This is a confidence game according to Mannarino.  He says, “This is all about perception, not reality.  If we were really in some type of a recovery, would we be talking about extending unemployment benefits for people?  Would we be talking about more stimulus?  Of course not, because there is no recovery.  This is just smoke and mirrors across the board.”  Don’t expect the market to plunge just yet because Mannarino says, “The Fed is counting on turmoil in the emerging markets to drive money into the U.S. market to keep the system propped up.” 
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    Mannarino contends what you are seeing now is just a short term trade.  In the longer term, Mannarino predicts, “Without a doubt, this is going to blow up. . . . I’ve been saying this for years now–we are headed for a pan global financial cataclysm.  That’s a fact.”  So, how does Mannarino plan to protect himself from this surefire coming calamity?  Mannarino says, “I pull my gains out of the market, and I turn them into hard assets.  I am the biggest precious metals bull out here.  I can’t imagine a better place to be than in gold or silver, especially silver.”  
Where did the money go? Definitely not to the American people!

Where did the money go? Definitely not to the American people!

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February 6, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Comments Off

Listen Carefully to What the Chinese Yuan is Telling Us!

  • Listen Carefully to What the Chinese Yuan is Telling Us! 
    by http://www.jsmineset.com/ 
    Recently, emerging market currencies have been crashing. The Thai Baht has fallen 14% in the past several months, while the Russian Ruble has fallen 18% since 2013. The Turkish Lira has fared even worse plummeting an astonishing 30% since 2013 and the Argentinian Peso is literally in free fall, plunging by 60% in purchasing power since the start of 2013.
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    Former US Assistant Treasury Secretary Paul Craig Roberts offered a compelling theory this past week that the US Federal Reserve is deliberately attacking emerging currencies through their global monetary policies in an effort to force people to fall back to the US dollar to prevent the US dollar from crashing to its intrinsic value of zero.  In fact, Mr. Roberts has speculated that US bankers are rejoicing in collapsing the currencies of two of the US’s perceived enemies – Russia and Venezuela. However, even if this is the US bankers’ nefarious plan, I have a feeling that it will backfire on them and only usher in the death of the USD more quickly. Why? Two of the pillars slowing down the inevitable collapse of the USD is the petrodollar and its use as a de facto currency in international trade. Every country from Iraq to India to Russia to Iran to China to Australia to Japan to Brazil has already stated their intention to completely cut out the USD from use in bllateral trade agreements as well as oil purchases, and many countries that had tied their currency’s fate to the USD in past years have long severed ties to the USD as well. But let’s look to Zimbabwe, yes that infamous beacon of hyperinflation, as to why the US Federal Reserve’s plan to force emerging markets to adopt the USD may just backfire on them.
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    We all remember when the Reserve Bank of Zimbabwe’s Gideon Gono praised Ben Bernanke for the similarities between his QE monetary policy and Ben’s QE policy of the US Federal Reserve. Recall that Albert Einstein said that doing the same thing over and over again and expecting a different outcome is the definition of insanity if you want to predict the outcome of the USD.  In hindsight, Mr. Gono acknowledges that while things looked better in the short-term in Zimbabwe for a while, that his QE policies in the end turned out to be brutally disastrous, causing in his country the following ills that his country still has not recovered from 5 years later: frequent power outages, a shortage of skilled labor, a persistent liquidity problem in their banking system, a rapid rise in production costs which killed their manufacturing sector, endemic greed-induced and exploitative renter’s markets, and much more.
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    So what does it say now that the brains behind a 79,600,000,000% monthly inflation rate in the Zimbabwe dollar (a rate that caused a USD $40 meal to cost $Z 100 billion! ) is now dumping USDs from their economy? Is the US headed for a fate of printing USD $100 billion notes too? While that scenario is far fetched at this point, people fleeing out of emerging market currencies into the Chinese yuan, and NOT the USD as the Feds are trying to engineer, is not.  Just last week, Gideon Gono announced that his country will now be accepting Chinese Yuan, Japanese Yen, Indian Rupees and the Australian dollar in an effort to lessen their country’s dependency on the USD.  Of course, the smartest people would consider dumping the USD in Zimbabwe (one of two currencies now accepted in addition to the S. African rand) for the Chinese Yuan. Given that the worst offender of hyperinflation does not even want the USD now, I think the Federal Reserve may succeed not in forcing people out of emerging currencies into the USD, but into Chinese Yuan. Emerging markets businessmen conducting import/export business already increasingly need Yuan to conduct business so why would they not convert more of their domestic currencies into Yuan instead of USD? And this is what I think will happen, so in the end the US Federal Reserves’ plan may just backfire and induce a flight into Chinese Yuan.
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    Consequently when the architect of the worst fiat currency disaster in modern history wants to trade in USD for Chinese Yuan, we should listen very carefully to what the Yuan is telling us.  Already, in just one month to start 2014, the Nikkei 225 has given up 9-full months of returns artificially spurred by Abenomics QE and has crashed 2,300+ points, with the Nikkei 225 shedding another -4.2% today in Asia. Other QE inflated stock market bubbles will pop at some point in 2014 as well. Yes, you’re probably being bombarded as I speak by messages from US stock market pushers not to worry about the setback in US stock markets to begin 2014 and that all will be okay, but I’m here to tell you that you better worry because risk is enormous and upside very constrained at this point. And when all these unsustainable bubbles built on the backs of irrational and foolish Central Bank QE policy around the world pop, that’s when the real money will flow into gold and silver.
Feel free to wipe your ass with it!

Feel free to wipe your ass with it!

US_Dollar_Toilet_Paper

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February 5, 2014 Posted by | Economics | , , , , , , , , , , , , , , , , , , , , | Comments Off

Karen Hudes & Professor Antal Fekete Discusses the “Red Alert” for Collapse of Fiat Currency – Gold Backwardation!

  • Published on Feb  3, 2014           
    Professor Antal Fekete discusses the “red alert” for collapse of fiat currency – gold backwardation as measured on spot and futures markets, an end of bullion leasing in July 2013, disappearing gold from the Comex market.  A power transition model, with 95% accuracy predicts that gold in the global collateral account, “cloaked in secrecy” is coming out of hiding for its legal beneficiaries–humanity.  https://s3.amazonaws.com/khudes/Deuts… 
Satanic capstone ie. the Anti-Christ, the bringer of false peace, the white horseman of Revelation 6. The Luciferian New World Order will be complete with the arrival of the Satanic capstone, the Man of Sin who will conquer the world with 'peace' in a world wrecked by global wars!

Satanic capstone ie. the Anti-Christ, the bringer of false peace, the white horseman of Revelation 6. The Luciferian New World Order will be complete with the arrival of the Satanic capstone, the Man of Sin who will conquer the world with ‘peace’ in a world wrecked by global wars!

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February 4, 2014 Posted by | Economics | , , , , , , , , , , , | Comments Off

John Embry: Global Markets Are Now Subject To Total Collapse!

Global economic, financial and currency Armageddon coming!

Global economic, financial and currency Armageddon coming!

  • Embry – Global Markets Are Now Subject To Total Collapse! 
    by www.kingworldnews.com
    With continued uncertainty around the globe, today a man who has been involved in the financial markets for 50 years, and whose business partner is billionaire Eric Sprott, warned King World News that global markets are now subject to “total collapse.”  John Embry also discussed the implications of what this means for investors around the world in his powerful KWN interview.
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    Embry:  “I honestly believe the more I watch what’s unfolding here, the world’s leaders, and particularly their central bankers, have made such an unholy mess of things that at this point they don’t have a clue what to do….
    ….
    And as we hurtle towards Armageddon, the central planners are going to do anything they can to forestall the inevitable.  But we are having these tapers in the US, and we are seeing the chaos engulf the world as foreign currencies such as the Russian ruble are getting killed.
    ….
    But this is an extraordinarily dangerous strategy because these markets are so overvalued and vulnerable that they are subject to total collapse overnight if they become liquidity starved.  So I think the Fed is playing a very dangerous game, and I suspect as the terror in global markets accelerates, at some point the Fed will desperately reverse their tapering.”
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    read more!

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February 4, 2014 Posted by | Economics | , , , , , , , , , , , , , , , | Comments Off

Jan Skoyles: The Paper Silver & Gold Dominoes Are Falling!

  • Published on Feb  2, 2014        
    Writer and researcher Jan Skoyles joins us to discuss German gold, the paper silver and gold Ponzi, three dead international bankers in one week and the stunning work of her pal Koos Jansen, the man Harvey Organ calls the ‘go-to researcher” when it come to Chinese gold accumulation and the Shanghai Gold Exchange. Thanks for tuning in.

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February 3, 2014 Posted by | Economics | , , , , , , , , , , , | Comments Off

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