- Do not buy into all the happy talk that the USD is the world reserve currency and will never collapse. Anybody who looks at the real numbers know that it is an absolute certainty that the USD will collapse. It is a matter of when not whether. I am with Pastor Lindsey Williams on the schedule: end 2012, a new One World Currency will come. Thus, doing away with the USD.
Investment Legends: “Dollar Collapse Inevitable”
Jeff Clark, Editor: BIG GOLD
BIG GOLD: A lot of economists, including the government, believe the worst is behind us economically. Do you agree? If not, what should we be on the lookout for in 2011?
Jim Rogers: It is better for those getting all the government largesse, but the overall situation is worse. More currency turmoil. State and local problems, plus pension problems.
Bill Bonner: None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises. Deleveraging takes time. 2011 will, most likely, be a transition year… not unlike 2010. But the risk is that one of these latent crises will become an active crisis.
Peter Schiff: To me, it’s like watching someone walk into the same sliding glass door again and again. Wall Street must know by now that large infusions of liquidity from the Fed spur present consumption at the expense of investment for the future. We are an indebted family going out for an expensive meal to celebrate getting approved for a new credit card. It might feel good (at the time), but we’re still simply delaying the inevitable.
Jeffrey Christian: We believe the worst is behind us economically, in the short term. The recession ended in late 2009, and 2010 saw U.S. economic growth in line with what CPM had expected, but higher than the more pessimistic consensus had been. In 2011 we expect continued expansion. We think some economists and observers are too enthusiastic about economic prospects right now.
For the U.S. in 2011, we are looking for real GDP of 2.5% – 2.8%, inflation to remain low, and for the economy to avoid deflation. Interest rates are expected to start rising, perhaps significantly in the second half of 2011. The dollar is expected to be volatile, rising somewhat against the euro but continuing to weaken against the Canadian and Australian dollars, the rupee, yuan, rand, and other currencies.
European sovereign debt issues will continue to plague financial markets, but market reactions will be less severe than they were regarding Greece in April 2010.
John Williams: An intensifying economic downturn – what formally will be viewed as the second dip of a double-dip depression – already has started to unfold. The problem with the economy remains structural, where household income is not growing fast enough to beat inflation, and where debt expansion – encouraged for many years by the Fed as a way to get around the economic growth problems inherent from a lack of income growth – generally is not available, as a result of the systemic solvency crisis. Accordingly, individual consumers, who account for more than 70% GDP, do not have the ability, and increasingly lack the willingness, to fuel the needed growth in consumption on which the U.S. economy is so dependent.
Steve Henningsen: The governments worldwide (I don’t pay much attention to economists) want us to believe that the worst is behind us because the financial system is built upon the foundation of trust and confidence. Both of these were battered badly when it was shown that much of the world’s prosperity over the past few decades was simply a mirage that, once dispersed, left behind only debt with no means of future production. Now they want us to believe that they fixed the problem via more debt.
What I will be watching for this year is sovereign and U.S. municipal debt corpses floating to the surface sometime in the months ahead.
Frank Trotter: Right now I have a somewhat dark but not dismal outlook. I think that over 2011, we will continue to experience a Jimmy Carter-style malaise that combines continuing high unemployment, tentative business investment, rising prices, low housing numbers when looked at on an absolute basis, and creeping interest rates.
As a very large mortgage servicer, we are not seeing significant improvements in payment patterns that would indicate the worst is fully behind us, and with mortgage rates moving upward, we see less ability for current mortgage holders to refinance and reduce payments.
Krassimir Petrov: No, the worst is yet to come. No structural changes have been made, no problems have been fixed. Printing money, a.k.a. Quantitative Easing, is a quick fix that has postponed the problem, yet also made it a lot worse. I would say that we are still in the early stages of the crisis and have another 4-8 years to go.
Bob Hoye: The worst of the post-bubble economic adversity is not behind us.
BG: Price inflation is creeping up, but the enormous amount of money printing hasn’t really hit the system yet. Does that happen in 2011, further down the road, or not at all?
Jim Rogers: It is happening. The U.S. and CNBC lie about it. Most other countries do not lie and acknowledge it is worsening.
Bill Bonner: Most likely, substantial consumer price inflation will not show up in 2011. The explosion of money printing is being contained by the bomb squad of deleveraging. That will probably continue in 2011. But not forever.
Peter Schiff: 2010 was the year that China began cutting back its Treasury purchases in favor of gold, hard assets, and emerging market currencies. The Fed has stepped in as a major purchaser of Treasuries. This represents a new phase on the path to dollar collapse, and it will manifest in 2011 in the form of more “unexplainable” inflation – as we are now seeing in the prices of everything from corn to gasoline.
Jeffrey Christian: We are now beginning to see some increases in monetary aggregates, suggesting that some of the monetary accommodations are beginning to filter into the economy. We expect this trend to accelerate over the course of 2011. This will bring some increase in inflation, but we expect the major manifestation will be through higher U.S. Treasury interest rates as the Fed and Treasury seek to sell bonds to sterilize the inflationary implications of the monetary easing and to finance ongoing massive federal deficits.
John Williams: The problems of the money creation will become increasingly obvious in exchange-rate weakness of the U.S. dollar. Related upside pricing pressure already is being seen on dollar-denominated commodities such as oil. There is high risk of consumer prices rising rapidly before year-end 2011, setting the stage for a hyperinflation. The outside date for the onset of a U.S. hyperinflation is 2014.
Steve Henningsen: My guess is further down the road, as the deleveraging cycle continues with deflationary-housing winds in our face and the banks still hoarding money like my 9-year-old daughter stockpiles American Girl doll paraphernalia. I still expect inflation to continue in areas such as energy, bread, circuses, and whatever else provides sustenance to the Romans – I mean people.
Frank Trotter: Most research has shown that over time the increase in money supply is not a short-term economic stimulus, but rather has a moderate effect in the 18- to 36-month range. In addition, this theory contends that a growth in the monetary base – which is what has happened so far – only increases economic activity when accompanied by a decent multiplier; this is not occurring. The real risk is that with rising rates and continued soft economy, the Fed will feel obliged to continue to QE3, QE4, and so on, all of which may have a significant inflationary impact.
I am more concerned about general price inflation here in the U.S. and the potential it has to reduce global growth.
Krassimir Petrov: This is a tough one. I would have thought that price inflation would have been raging by now, but this is obviously not the case. I have the feeling that 2011 will be a repeat of early 2008, with commodity prices (CRB) making new all-time highs. A falling dollar will trigger a rush into commodities as a hedge against inflation. I am really tempted to make a totally outrageous forecast that oil could make a run for $200 as QE3 unleashes another dollar scare, or maybe even a dollar crisis.
Bob Hoye: Massive “printing” has been widely publicized and is “in the market.”
… to continue reading click here!
- Stewart Thomson, street fighter, field operative, gives us his street smart, on the money analysis and explanation of the gold/silver bull market! Gold and silver are going alot higher than most people think possible.
The Gold Bull Is Speaking – Are You Listening?
1. You’ve taken care of buying gold market put options for insurance, if you are nervous about a correction. Now let’s get back to your gold party.
2. There is no top in gold, and silver is not “overvalued”. Most investors are either bored or demoralized, having watched gold do little since October. Gold stocks have fared worse.
3. I don’t see it that way. I think most investors are looking out the back window instead of the front. That action is going to prove extremely costly to them.
4. I see you facing a new and extremely exciting range, which is gold $1400-$1700. You can watch the golden ship sail away, or face the range. Get on your gold trading horse and ride!
5. As of yesterday, I personally entered “ultra-active” gold and gold stock trading mode, while I watch most around me in “turtle in the shell” mode. Don’t cat nap, or you might wake up 15 minutes later, and find you missed the entire $1400 to $1700 ride! My mantra for the gold $1400-1700 area is “ramp it up now, to my golden maximum!”
6. Ramp up the activity, and be careful about how much capital you allocate to this new range. Just because we’re dealing with a new range of price does not guarantee that price cannot descend back into the lower part of the $1300-1400 congestion area. Still, it’s time to move forwards. Your focus now is the golden grid between $1400 and $1700!
7. If your core positions are in place, consider adding risk capital to actively trade gold in this new range. I’m buying gold every $2 down and selling every $6 up, with no missed buys, and am giving serious thought to buying every $1 down and selling every $3 up.
8. Yesterday I told subscribers that if we traded to $1435, the one-month top pattern in gold would be destroyed. We did trade there, so the pattern is finished. Click here now to view my one month gold chart.
9. Here’s a look at the longer term consolidation. As far as I’m concerned, price has already broken out upside, and the party is on! You can hide in a hole in the ground with all the top callers if you like, but my repeated suggestion is to buy some put options insurance, and re-join the party people on the long side. Click here now to view the longer term gold party chart!
10. Look at RSI. This situation is not a top. It is a consolidation. Consolidations have a 67% chance of consolidating the existing trend, which is up! Could the situation change, and it all unravels? Of course it could, which is why you buy your put options if you are nervous.
11. The oscillators are flashing buy signals, and price shows a down sloping mini rectangle, which frequently occurs as price rises up out of a consolidation! The party is on, and I feel very lonely here. Oh well, I’ll have to tough it out with just myself and my one friend… the cash register!
12. Here’s the GDX chart. I’ll give the bears their little microscopic head and shoulders top pattern. It sits there, viewable with my microscope, within the huge consolidation, within the mighty bull price blob! Attention bears, prepare to get mauled to death by the bull. Run, while you still can, because there’s not going to be much left of you at gold $1700!
13. Of course GDX could decline into the $40s, but I highly doubt that you are going to be lucky enough to see that, and buy it as it occurs. Price has a 67% chance of blasting higher, and I began what can only be described as a maniacal gold stock trading program yesterday.
14. My trading is going maniacal in terms of frequency of trading, not in terms of plopping wild amounts of risk capital or leverage into my perceived $1700 target.
15. The silver top callers are about to meet the lone ranger’s silver bullet. Silver is not overpriced or overvalued. It is over-top called, and nothing more.
16. Here’s the silver bullet chart. I’ve highlighted the SIVR-NYSE silver bullion fund. Price is gapping higher while the top callers and team silver shorty pants tries to figure out what is going wrong, again, with their toilet paper money obsession.
17. Look at the oscillators on SIVR flashing one buy signal after another, a veritable parade of “death to the bears” signals!
18. Sadly, this chart is not a buy signal for those who own no silver. Those with no silver bought at vastly lower prices (I’m talking about buying silver at well under $10) need to focus on doing what you failed to do on the buy side in silver in the late 1990s, in natural gas and food, now.
to continue reading click here!
- HAARP is a weather modification, tectonic/seismic weapon, mind control/influencing (via ELF) weapon and ‘Star Wars’ anti-missile system. Bear in mind that it is not just the Americans who have this. Russia, China and possibly a few other countries have this capability. The Russians are reportedly the pioneer/expert in this technology. HAARP technology is based on the work of Nikola Tesla, the genius who gave us AC electricity. See also:
Scientist Leuren Moret: Japan Earthquake, Nuke “Accident” Are Tectonic (HAARP) Nuclear Warfare! Illuminati Card Game, ‘Combined Disaster’ Card Shows It Was A Planned Disaster!
Was The Earthquake And Tsunami in Japan Caused By HAARP?
European Parliament issues warnings on HAARP
“HAARP is a project of which the public is almost completely unaware, and this needs to be remedied.”
Toronto, Canada – [ZNN] The daily lives of people seem blissfully unaffected by events about which they know little or nothing. Daily news reports unfold with no mention as to why and how the powerful operate behind the scenes. We pay our mortgages, book our vacations and school our children, as a corporate and government elite engage in projects beyond our wildest imaginations.
Conditioned to accept that ‘all is well’ or, that we are powerless to affect change in a world dis-integrating before our eyes – we conduct our lives until one day it affects us directly – unfortunately by then it’s far too late.
Ask the people of northern Japan how they feel about the last three sentences and the answers they now seek in the aftermath of unimaginable loss and yet another future generation desecrated and ravaged by nuclear radiation.
A European Parliament document may provide a few answers for the inquiring mind. This parliamentary document is not some conspiratorial rant but an official governmental perspective describing authentic concern that a terribly grave technology, which the document calls a weapon, has been unleashed over many years without any public knowledge.
The technology is called HAARP and the European Parliament has put NATO, the US Air Force and Navy on notice, demanding an explanation about their involvement. One of the most damning statements in the document reveals an American refusal to account for itself regarding HAARP research:
“[The European Parliament]… regrets the repeated refusal of the United States Administration to send anyone in person to give evidence to the public hearing or any subsequent meeting held by its competent committee into the environmental and public risks connected with the high Frequency Active Auroral Research Project (HAARP) programme currently being funded in Alaska.”
Caveat – For those among you who feel all is ‘right and true’ with the world and everything you need to know about is in newspapers, or, that those in power have our best interests at heart – you’ve probably read enough by now. There is almost certainly a soap opera or celebrity awards program on TV that you are missing. Or, perhaps you simply do not want to be confused by the facts… You are excused.
However, for those among you who have an inquiring mind or the patience and concern to read about such furtive things as the demise of civilization and geo-political ethics, the document below is very instructive if not despotically frightening.
The document outlines why the strange frequency of bizarre global weather and geo-tectonic disasters appear to be on the rise and why NATO, the US Air Force and US Navy have been held accountable for their knowledge and shrouded use of HAARP technology.
High Frequency Active Auroral Research (HAARP) has been deliberated upon by world governments – but none of them – including the Canadian government have commented on what it is, what it does or how it affects life on the planet.
HAARP may well be the most silent and deadly weapon of all time – primarily because it is invisible to the naked eye and thus, its existence can be denied by government and readily dismissed by media. Those in the forefront of probing and exposing this kind of government behaviour have issued warnings about HAARP for many years. Few pay any heed. The question remains – will anyone listen now?
The European Parliament document
“The European Parliament:
- having regard to the hearing on HAARP and Non-lethal Weapons held by the Foreign Affairs Subcommitee on Security and Disarmament in Brussels on 5 February 1998,”
“T. whereas, despite the existing conventions, military research is ongoing on environmental manipulation as a weapon, as demonstrated for example by the Alaska-based HAARP system,”
“Legal aspects of military activities –
26. Calls on the European Union to seek to have the new ‘non-lethal’ weapons technology and the development of new arms strategies also covered and regulated by international conventions;
27. Considers HAARP (High Frequency Active Auroral Research Project) by virtue of its far-reaching impact on the environment to be a global concern and calls for its legal, ecological and ethical implications to be examined by an international independent body before any further research and testing; regrets the repeated refusal of the United States Administration to send anyone in person to give evidence to the public hearing or any subsequent meeting held by its competent committee into the environmental and public risks connected with the high Frequency Active Auroral Research Project (HAARP) programme currently being
funded in Alaska;
28. Requests the Scientific and Technological Options Assessment (STOA) Panel to agree to examine the scientific and technical evidence provided in all existing research findings on HAARP to assess the exact nature and degree of risk that HAARP poses both to the local and global environment and to public health generally;
29. Calls on the Commission, in collaboration with the governments of Sweden, Finland, Norway and the Russian Federation, to examine the environmental and public health implications of the HAARP programme for Arctic Europe and to report back to Parliament with its findings;”
“HAARP – a weapons system which disrupts the climate
On 5 February 1998 Parliament’s Subcommittee on Security and Disarmament held a hearing the subject of which included HAARP. NATO and the US had been invited to send representatives, but chose not to do so. The Committee regrets the failure of the USA to send a representative to answer questions, or to use the opportunity to comment on the material submitted.(21)
HAARP (High Frequency Active Auroral Research Project) is run jointly by the US Air Force and Navy, in conjunction with the Geophysical Institute of the University of Alaska, Fairbanks. Similar experiments are also being conducted in Norway, probably in the Antarctic, as well as in the former Soviet Union.(22) HAARP is a research project using a ground based apparatus, an array of antennae each powered by its own transmitter, to heat up portions of ionosphere with powerful radio beams.(23) The energy generated heats up parts of the ionosphere; this results in holes in the ionosphere and produces artificial ‘lenses’.
HAARP can be used for many purposes. Enormous quantities of energy can be controlled by manipulating the electrical characteristics of the atmosphere. If used as a military weapon this can have a devastating impact on an enemy. HAARP can deliver millions of times more energy to a given area than any other conventional transmitter. The energy can also be aimed at a moving target which should constitute a potential anti-missile system.
The project would also allow better communications with submarines and manipulation of global weather patterns, but it is also possible to do the reverse, to disrupt communications. By manipulating the ionosphere one could block global communications while transmitting one’s own. Another application is earth-penetrating, tomography, x-raying the earth several kilometres deep, to detect oil and gas fields, or underground military facilities. Over-the-horizon radar is another application, looking round the curvature of the earth for in-coming objects.
From the 1950s the USA conducted explosions of nuclear material in the Van Allen Belts(24) to investigate the effect of the electro-magnetic pulse generated by nuclear weapon explosions at these heights on radio communications and the operation of radar. This created new magnetic radiation belts which covered nearly the whole earth. The electrons travelled along magnetic lines of force and created an artificial Aurora Borealis above the North Pole. These military tests are liable to disrupt the Van Allen belt for a long period. The earth’s magnetic field could be disrupted over large areas, which would obstruct radio communications. According to US scientists it could take hundreds of years for the Van Allen belt to return to normal. HAARP could result in changes in weather patterns. It could also influence whole ecosystems, especially in the sensitive Antarctic regions.
Another damaging consequence of HAARP is the occurrence of holes in the ionosphere caused by the powerful radio beams. The ionosphere protects us from incoming cosmic radiation. The hope is that the holes will fill again, but our experience of change in the ozone layer points in the other direction. This means substantial holes in the ionosphere that protects us.
With its far-reaching impact on the environment HAARP is a matter of global concern and we have to ask whether its advantages really outweigh the risks. The environmental impact and the ethical aspect must be closely examined before any further research and testing takes place. HAARP is a project of which the public is almost completely unaware, and this needs to be remedied.
HAARP has links with 50 years of intensive space research for military purposes, including the Star Wars project, to control the upper atmosphere and communications. This kind of research has to be regarded as a serious threat to the environment, with an incalculable impact on human life. Even now nobody knows what impact HAARP may have. We have to beat down the wall of secrecy around military research, and set up the right to openness and democratic scrutiny of military research projects, and parliamentary control.
A series of international treaties and conventions (the Convention on the prohibition of military or any other hostile use of environmental modification techniques, the Antarctic Treaty, the Treaty on principles governing the activities of states in the exploration and use of outer space including the moon and other celestial bodies, and the UN Convention on the Law of the Sea) casts considerable doubt on HAARP on legal as well as humanitarian and political grounds. The Antarctic Treaty lays down that the Antarctic may be used exclusively for peaceful purposes.(25) This would mean that HAARP is a breach of international law. All the implications of the new weapons systems should be examined by independent international bodies. Further international agreements should be sought to protect the environment from unnecessary destruction in war.”
[This document was written 13 years ago.]
Although there seems to be no official or current governmental and scientific confirmation of the effects of HAARP technologies in your local newspaper or on the 11:00 o’clock news – the people of Japan might want an update.
Entire Text of European Document -http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//TEXT+REPORT+A4-1999-0005+0+DOC+XML+V0//EN
Suppressing free and open discussion on any subject is as bad as telling lies, and knowingly suppressing the truth is the biggest lie of all, because it is based, not on a mistake or a genuine error, but on a deliberate intention to deceive.
Having been tortured, Rudolf Höss, who was the commander of Auschwitz from 1940 to 1943, almost certainly lied to save the lives of his wife and children. Even if torture and duress cannot not be proven, the overwhelming reason for recognizing the utter falsity of the Höss confession is that the gassing method he described was not scientifically plausible.
Yet Höss’s conviction has stood, by inference, as a testament to the cruelty of Germans in general, since he was tried at Nuremberg, in 1947, and subsequently hanged on April 16th, 1947, in Poland.
With great respect for those who have tried—though harassed, punished, fined, imprisoned and otherwise abused—to tell it like it really was: Arthur R. Butz, Robert Faurisson, Paul Grubach, Gerd Honsik, David Irving, Kevin Käther, Nicholas Kollerstrom, Fred Leuchter, Horst Mahler, Ingrid Rimland, Germar Rudolf, Bradley Smith, Sylvia Stolz, Fredrick Töbin, Ernst Zündel and many others.
- See also:
Jewish Estimate Sees Number of Holocaust Dead Drop To 2.8 Million!
The Rudolf Report: Expert Report on Chemical and Technical Aspects of the ‘Gas Chambers’ of Auschwitz!
The Leuchter Report: The End of a Myth! A Report on the Alleged Execution Gas Chambers at Auschwitz, Birkenau and Majdanek, Poland by an Execution Equipment Expert!
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?
Again, Zionists Set Up Jews for Holocaust!
The “Holocaust” in the Memoirs of Western WWII Leaders Eisenhower, De Gaulle, and Churchill
NY Times reports in 1906 that Russia’s “6,000,00 jews” facing a final “solution” of “systematic and murderous extermination”
Jews at NY Times refer to “European holocaust” of Jews in 1936, several years before alleged “mass killings”
The Kabalistic-Occult origins and purpose of the Holocaust™ dogma, and the 6 million number
Holocaust Memoir Turns Out to Be Fiction
Herman Rosenblat’s Holocaust memoir of love is exposed as a hoax
- You have to be asleep to be living a dream!
The AMERICAN DREAM is a 30 minute animated film that shows you how you’ve been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream is getting farther and farther away. Do you know how your money is created? Or how banking works? Why did housing prices skyrocket and then plunge? Do you really know what the Federal Reserve System is and how it affects you every single day?
THE AMERICAN DREAM takes an entertaining but hard hitting look at how the problems we have today are nothing new, and why leaders throughout our history have warned us and fought against the current type of financial system we have in America today. You will be challenged to investigate some very entrenched and powerful institutions in this nation, and hopefully encouraged to help get our nation back on track.We need your support to continue to fight the lying liars! It is very expensive to make this level of media and we are going to need help to keep making it! “Any donations are appreciated! http://www.theamericandreamfilm.com/
- Albert Pike, Satanic World War 3 Plan
“The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other.
Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…
We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil.
Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view.
This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.” 4