Catherine Austin Fitts: Government Taking Massive Amounts of Money Dark

• Catherine Austin Fitts: Government Taking Massive Amounts of Money Dark
  by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
  Financial expert Catherine Austin Fitts has said for years that the economy was not going to crash, but be on a “slow burn.” How long can they make this heavily indebted game last? Fitts says, “Our problem as investors is we don’t know. If you look at all the information we need to make an intelligent assessment, we don’t have access to that information. I have said many times this is a military question. Who has the biggest weapons and who has the ability to deliver force and control? So, we are living with maximum uncertainty. . . . Clearly, we are headed into a new currency world that’s part of a new control system, but the answer is we don’t know when. My fear with many, many commentators is they are underestimating the power and endurance of the system. I am always getting yelled at because people think I am pro-empire. I am not saying I am pro-empire or I am for the things they are doing to keep it going.”
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  Fits adds that things are so uncertain that “the old system could go five years or five months.”
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  On introducing a new dollar, Fitts says, “Even if they do introduce a dollar backed by gold, it’s going to start off with a small market share. They are very unlikely to do a big bang thing. These guys are prototypers.”
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  There is no doubt wealthy people around the world are buying gold. Why? Fitts says, “The reality is . . . in the worst case scenario, gold is a store of value because it is respected globally as a currency or money without the backing of a sovereign government. What is the global currency that has backing without a sovereign government, and gold and silver are one of the few. I think it is one of the reasons I think wealthy people need to have a store of value for the worst case. It is central bank insurance. A core position in gold is not an investment, it is central bank insurance. . . . We continue to see people have a core position in precious metals for the worst case.”
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  What is the worst case scenario? Fitts says, “The worst case scenario is we are dealing with very serious geophysical risk. Throughout history, we have had things like Noah and the flood where civilization has almost gotten wiped out. . . . There have been radical changes in policy to coalesce huge amounts of money under central control and do secret projects. Why? What is that about? . . . . I don’t know how the governance system on planet earth works. I don’t know why the government is shifting massive amounts of money out of the U.S. government and out of the U.S. economy and taking it dark.”
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