Celente: Dollar Not Worth Its Paper, Greatest Depression Up Ahead !
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Socio-Economics History Blog
Socio-Economics History Blog
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The Chinese are in trouble and they know it. How do they get rid of their US$1.5-2T of USD denominated reserves? What market in the world can absorb such a large amount of money? The answer is there is none except for the US treasury market. The Chinese are caught in a web of their …
Asian central banks are escalating their gold purchases. They have to dramatically reduce their huge USD reserves or risk getting smashed easily 50% when everyone starts to get out of the USD. South Korea alone has US$311B of reserves. China has easily US$1.5T if not more. The problem is: there are no safe fiat currencies, …
Investors are fleeing to the Swiss Franc and Gold from USD and Euro. The US treasuries have rallied and yields have dropped dramatically. But you cannot convince me that US treasuries are safe. It is insane investor herd behavior. The market is signalling fear and crisis ahead ! The sovereign debt crisis is getting worse …
The 2nd Greek bailout was barely completed and the market has gone into a tailspin. So much for all the happy delusional talk. Fear and trepidation are stalking the Eurozone markets! I warned you that financial earthquakes are getting larger and larger going into 2H2011 and onwards. – Spain, Italy, Belgium Bond Spreads Hit Euro Record; Italy …
Warning!! Warning!! Major financial tsunami is approaching! Gold prices rocketed US$40 to record high of US$1660/oz. Silver followed suit and rose 3.3%. The S&P500 plunged 2.5%. What happened to all the happy, self-congratulatory talk over the success in raising the debt ceiling? Didn’t the politician snakes in the District of Criminals (DC) just rescued the …
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My own forecast calls for gold to hit US$2,000/oz by year end. I expect to see US$65-75/oz silver. I expect QE3 to be announced this month. They may mask it by calling it another name. But everyone with half a brain will know! – The Imminent $2.5 Trillion Debt Ceiling Hike Will Unleash A Gold …
Putin is correct. Unfortunately, the rest of the world are enabling this parasite. The Asian exporting economies in particular are guilty of financing this prodigal son. When America does a stealth default, inflating away its debts via QE to infinity, countries all over the world will bear the consequences. China in particular with its US$1.5T of …
It is impossible for me to tell you which of the last 5 straws will break the camel’s back. Does it even matter? The camel’s back will break. The world is heading towards a global economic, financial and monetary crisis. I am of the opinion that it will be a ‘big bang’ and not a quiet fading …
The sovereign debt crisis is coming closer and closer. The Illuminists snakes want a collapse starting in the PIIGS which will cascade to UK, Japan and finally America. This will destroy all the major fiat currencies of the world. China and the rest of Asia (and the rest of the world) will not escape this …
The political charade for the past few weeks is meaningless. Nothing has changed. More debts are being pile upon existing debts. It will create an even bigger sovereign debt collapse eventually. All the talks of deficit reduction are false. Congressman Ron Paul explains (emphasis mine): – When a Cut is Not a Cut by Ron …
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[vodpod id=Video.14322367&w=425&h=380&fv=] Over the top political theatre. How does rasing the debt ceiling solve the debt problem? It doesn’t. It is meaningless. The question is who is going to buy the debt? The Federal Reserve will create money out of thin air to buy this debt! QE3 is coming in a few weeks time! end
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[youtube=http://www.youtube.com/watch?v=pba8FEsGiKI] Jew Adam “Pearlman” Gadahn is Mossad ! Don’t be taken for a ride! This ‘news’ is really psyop to promote Islamophobia and gun control ie. confiscation of American firearms! See below video: [youtube=http://www.youtube.com/watch?v=GsUtvOW6SR0] end
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Muslim Terrorism is founded, organized, funded, managed … by Illuminist intelligence agencies: MI5/6, CIA, Mossad… These agencies do not work for the interest of the Americans, British, Israelis .. ie sheeple public. They serve the Illuminati agenda. However, many people in the lower ranks are simply deceived into serving these Illuminist organizations. Al CIAda, Muslim Terrorism is a …