To all: are you ready?
Never in the history of financial markets have there been so many landmines in place, each one wired directly to a nuclear bomb that sits atop the ENTIRE global financial system.
The "master's of the financial universe" have postponed the coming day of reckoning for so long and in so many different ways that they have backed themselves into a corner where almost any movement at all will trip one of these numerous landmines. The Fed and Treasury have already blown up and destroyed their balance sheets and thus guaranteeing "banana republic" status of the U.S. for years to come.
The banks have another wave of home mortgages about to crest directly on their heads, not to mention the mountain of commercial mortgages that are and will become poisonous enough to destroy the banking system. Consumers are completely in over their heads and in no way can they "spend us" out of this depression. This hail Mary play was used after the 2000-2002 recession, you can fool Mother Nature with a hail Mary pass once, she won't fall for it again because the consumer does not have the available credit capacity to spend anymore. The Chinese have spoken and their words have been dire. They have called for a new reserve currency and now they tell us "you sold us crap that never had a chance to perform, thus neither will we". They have told anyone and everyone willing to listen that they are going to default on their portion of the $1+ quadrillion pie, the entire structure will collapse! Does the U.S. media report on this? Have investors listened to this? No way. There are "audit proposals" of the Fed that are running rampant. Can the Fed or Treasury pull their pants down and get a clean bill of health? I don't see any possible way. The Gold is not there, the balance sheet and Dollars outstanding are probably far, far beyond what we have been told. What kind of assets has the Fed been buying? And from whom? Most hilarious of all is the Fed telling us "we will monetize Treasury debt to the tune of $ trillions", and this is good? Even an idiot could (and will) figure this one out. In the metals arena we have had anecdotal evidence for years that the West has been disgorging their hoards of Gold to hold the price down, and more importantly to support the artificial values of their paper issuance. The paper game of suppressing Gold is coming to a close as evidenced by zero contangos, lack of metal inventory movement while contracts by the 1,000's stand for delivery, ETF shenanigan's and a lack of transparency in inventories all over the world. Gold is up about $20 today which is certainly a change of pace and breaking the "2%" rule. Normally Gold makes its move early on and is then capped for the rest of the day, this is not happening today and is very different from the action of the past 10+ years. Technically Gold is breaking up and out of a multi month "pennant" pattern, today and tomorrow should clarify this. I started this piece with "are you ready?". Are you ready for everything, and I do mean EVERYTHING, to change? Are you ready for volatility to move far beyond the levels of last fall? Are you ready to find out whether or not the "piece of paper" you hold in your hand will actually deliver real Gold or Silver?
Are you ready for a financial holiday that will bring us a new currency? Are you ready to find out whether your local grocer will accept your "paper" for their goods? Are you ready to watch your bonds, CD's, MM accounts and retirement accounts take a 50% (and probably much more) purchasing power haircut? Are you ready to be told that you need to be "off the streets by sundown" by someone in a uniform? Are you ready to have zero access to your hard earned capital whether it be bank accounts, stocks, bonds or whatever? I have only issued a "crash alert" two times previously, today I issue the third. I believe a crash is imminent and will be much worse and far more widespread than anything we have seen over the last 18 months. I believe the day of reckoning has arrived. Are you ready?
Regards,
Bill H.
The Rothschilds play rough.....
http://www.youtube.com/watch?v=USGSOViaulc
Here is an excerpt from Jim Willie's latest letter. Well worth a careful read!
Don Stacey
++++++++++++ +++
$$$ A CLIMAX OF EVENTS IS IN PROGRESS, AS SIGNALS MOUNT, AND CLIMAX SEEMS NIGH. $$$
A close friend of a close friend has numerous connected contacts within the power structure. He
passed along a note that caught my attention, when not many personal notes do so. It follows with his descriptions, and only minor edits. His points will be summarized without quote, with much gratitude for his shared message. Several key events are lined up simultaneously, enough to warrant greater perceived likelihood of at least a declaration of state of emergency in the United States.
If could result easily in martial law. He pointed out astutely that the Chinese stock market is under pressure, so the Chinese might have political cover (an excuse) to call some money home and withhold on some credit supply to the hapless flailing out of control Americans.
They might deliver a 'Ripple Effect' passively or a 'Direct Message' more actively, as they call money home, or as he says remove chips from the tables. He cited the 'Investment Banker' scuffle taking place in Europe with Porsche/VW, but that seems minor. The endless skirmishes between the crude oil hedge versus the beleaguered USDollar speaks volumes when clearly demand has fallen and supply has risen. The smart money is hedging against the US$ clearly. The effects of both the criminally administered TARP Funds and the mindlessly vacant Stimulus Plan have run their course, unable to give any further assist to the USDollar. His USMilitary intell contacts have suddenly turned silent at a time when the Pentagon has let it be known of a need for 400 thousand troops to keep the peace inside the United States. Rumors fly that the Pentagon want all 'ready by the end of August' without anything to refute. In the USMilitary command for Afghanistan, a major change has begun. And in Iraq, an Army General has said 'all significant troops out by the end of August and back home in America.' Rumors also report how another False Flag Attack is en route, in the planning stage. This attack is mentioned by a certain source as aimed for WashingtonDC on October 19th.
The last False Flag Attack was World Trade Center and Pentagon on 911 for all those whose brain stems are not disconnected, or brain cavities unused. Be sure to know that Sinking the Maine off the Cuban coast is well known to be another False Flag Attack to trigger the Spanish American War. The signing of the TARP Fund bill also coincided with a threatened martial law by then Treasury Secy Paulson, and an unannounced threatened attack on WashingtonDC in late September 2008. The signing of the Patriot Act also coincided with an actual threat of Anthrax Attack of the Congressional ventilation systems. It seems that legislation to terminate the Republic and alter the pathways for the benefit of the syndicate have staged events and real threats surrounding them. Some argue that 911 coincided with a hidden Coup d'Etat.
The sad part is most American people do not seem to notice. Perhaps they will when the Republic is turned into a communist state or into a police state, the internment camps given some attention. For a brief exposure to Intelligence agencies gone amok, check out the well studied GLADIO project, which has been reactivated by the CIA in Europe in July. The bombings started a few weeks ago in Spain, with the latest bomb having gone off under a Guaria Civil police car in Mallorca. This is the beginning of a series of staged incidences to destabilize governments and society in general.
See theYouTube video clip (CLICK HERE)
that chronicles briefly the 'Stay Behind' Forces that were originally intended to fight Soviet attacks on Western Europe, but whose splinter groups began a wave of terrorism to undermine various government structures.
The project has been revived!A sage contact who forewarned of the September 2008 sequence of failures and crisis almost one year ago sent a message of update this weekend. He said, "We are in the middle of the breakdown. Just watch the US budget disaster that is killing all and everything. Things are coming apart at the seams since the entire global banking system is breaking down. Trade is breaking down as well due to banks being in shock freeze. This shock freeze will not go away, it will destroy the system. Different systems will soon spring up to facilitate trade. We shall see the tail end of the financial economic political hurricane touch down sometime at end of August and early September with an never ending downward spiral that will destroy assets on a grand scale.
I still expect the breakdown to be in the time frame we have been discussing.
The pump and dump market manipulations by the BOYZ are fascinating to witness. Its like watching a head kill shot in slow motion. Only real hard assets will survive, Gold, Silver and a basket of essential commodities grouped around this precious metal core."Notice the anticipated timeframe, an anniversary of the crisis last year. My response to him was brief and simple, but to the point. "I notice tectonic shifts in the currencys in the last two weeks. The USDollar is stuck in a tight range, soon to exit in unstable fashion. The British Pound Sterling moves up and down with much volatility. More US banks are falling. Big ones like Colonial and Guaranty just died. Soon much bigger ones will fail. The types of credit losses are soon to broaden into Commercial and Prime Option ARM mortgages. Banks are still in a nightmarish situation, unprepared, while clown leaders proclaim an end to the storm."
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