Louise Yamada, one of the most respected Wall Street analysts, is very close to telling her clients to pull the trigger on the NYSE. Small investors and mutual funds are pulling out leaving only High Frequency algorithmic computerized traders and the Plunge Protection Team to buy stocks. There are no real human beings left in the markets. There have been repeated rumors that Morgan Stanley is near bankruptcy and is soon to be gobbled up by J P Morgan. Jamie Dimon has admitted that if his bank were taken over there is another 150 billion dollars in bad assets to get rid of. That means that even after 30 trillion dollars in Bailouts that all of the big banks are bankrupt.
Jim Willie has warned us that because of Glass Steagall’s repeal Morgan Stanley now owns Dean Witter and Smith Barney making them America’s largest broker with 300,000 brokerage accounts and over 17,500 brokers. In the Sentinel case the courts ruled that depositors whose money had been stolen by their broker could not sue the bank where the money was sent because Sentinel had not intended to steal their money. In the MF Global case 1.2 billion dollars vaporized and none of the money was returned. Sibel Edmonds told us that when the FBI did background checks on judicial nominees that honest men and women were turned down and felons were put to the top of the list. That is why we cannot expect justice from ‘their’ courts.
The Gauss computer virus which is similar to the CIA-Mossad Stuxnet computer virus attacks banks is thought to steal money from your account and send it to an account in another and unknown bank. Computer viruses have been attacking European banks and stealing money. This has made it impossible for depositors to have access to their money which is what used to be called a Bank Holiday.
Jim Willie has told us all that it is time to get away from Morgan Stanley and any brokerage associated with them. If you do have silver and gold mining shares you need to demand the physical shares be delivered to you so your brokerage cannot use them to short stocks thus driving down their value and exposing you to the risk of loss if they go bankrupt in the market.
People need to understand how serious the bank runs are in Spain. Zero Hedge reported that the amount of money withdrawn from the banks in Spain to date is nearly half of their GDP. The US money supply is 10 trillion and the GDP is nearly 15 trillion, If 4 trillion dollars left America, we would go into an immediate collapse probably worse than 1929-39. You need money to conduct business. I recently wrote about two IMF economists who admitted that most of our problems were created by fractional reserve banking and bank runs would be eliminated if we did away with it. (See Notes below.)
Spain cannot survive much longer and will not make it until our November elections unless Bernanke creates trillions of dollars and dumps them on Spain, France, Italy, Greece, Portugal, Ireland, Belgium and points east. I previously wrote that Ben Bernanke has been ordered by men in London and New York who are higher up on the banking food chain to hurt Obama’s re-election as much as possible. The idea is to not print enough money to create jobs until after the voting returns are announced on November 6th. I believe Obama was made President because he is black and it is his job to start nationwide race and food riots to take our focus away from the bankers who have stolen tens of trillions of dollars from whites, blacks, Hispanics, Asians and Indians.
A possible scenario is that there is another shock like the October 2008 crisis. This time with a collapse of Morgan Stanley or the complete implosion of Greece and Spain sending waves of panic through the voters to stampede them into voting for Romney. I am voting for neither Romney nor Obama.
There was a little noted trade agreement made between China and Germany which allowed for direct exchange in yuan and German euros. This has followed similar agreements between China and Russia, Brazil, Japan and Africa. Since the Beijing Conference of 2010 China has invested 100 billion dollars in Africa. This had prompted Hillary Clinton to go to Africa and warn them about Chinese people building roads, bridges, hospitals and other such obvious colonial projects. She had no money just words.
America is being set up for the exact opposite of what is happening in Spain. As I have said many times in the past, the North American Free Trade Act sent 56,000 manufacturing plants and 12 million jobs overseas. President Clinton allowed China to devalue the yuan and destroy the American economy. He guaranteed that Americans would be sent into abject poverty when he allowed the repeal of the Glass Steagall Act which prevented commercial banks from making risky bets with depositors money. Clinton also allowed the banks into the faux insurance business when he did not let Brooksley Born (Chairwoman of the Commodities Future Trading Commission) to regulate Credit Default Swaps. CDS pretend to insure speculators on potential losses in the value of bonds and commodities. US banks are exposed to 225 trillion dollars in potential losses with no money set aside to pay claims other than your pension and life savings.
I would expect an economic shock within the next 6 weeks, to be followed by Hyperinflation after the elections. I have previously defined Hyperinflation as starting at 25% for an international reserve currency like the dollar. Former Fed Chairman Paul Volcker was able to defend the dollar in 1980 when he raised home mortgages up to 15 1/2 %. But that was before NAFTA, CDS and too many wars for Israel had deteriorated the dollar and the economy. As I said, America will soon have the reverse of Spain’s outflow of dollars. When Hyperinflation takes off, an International Conference like Bretton Woods will be called. The dollar will be dumped and devalued by at least 40%. Prior to the conference Insiders will dump dollars by the trillions instantly impoverishing another 100 million Americans. Since most dollars are held overseas by foreigners, the domestic American money supply will double impoverishing another 80 million people. I recently wrote that 280 million Americans will be at or near the poverty line at some point in 2013. Hyperinflation will do that to you.
By design we will have nationwide food riots and race riots. American cities will become uninhabitable. We will have martial law. There is no choice about that. That is the future the bankers have designed for you. In their plans you will be taken to a FEMA camp where industrial size incinerators will dispose of tens of thousands of troublemakers talking about the Bill of Rights. The only other alternative is to have the police and the military administer martial law in our favor and arrest the bankers so we can reform the economy.
Your job is to figure out how to survive the next year. You will need a store of food and a water filter. Under martial law the authorities will cut off your food and water so you will get on the bus to Camp FEMA. If the cities are No Go Zones. you will meed a place to go where you and your friends in your network will wait things out. If there is a Bank Holiday, you will need cash in your hand so store some in a safe place. Computer credits in a closed bank will do you no good
Silver Doctors recently had to purchase a million ounces for their customers. They encountered a lot of resistance as did Eric Sprott before him. We have been told silver production is down 14% in the US this year. A lot of silver is mined with copper which is in over abundance as China has too many stockpiles. Another reason is the the US Geological Survey says silver will become an extinct medal in 10 years. We have been melting down silver coins minted before 1965. Silver should go up in value soon as there is only a billion ounces in circulation and is valued at 32 billion dollars. The dollar value of silver and gold bullion bought by investors is equal for the two metals yet gold is priced 50 times or more what silver’s price is. The ability of the government to manipulate prices is lessened each day by the diminishing supply of silver and the approaching collapse of the dollar. I would expect silver to double in price long before gold does.
There are 10,000 Hedge Funds in what has been called the Shadow Banking System. One Hedge Fund could short Morgan Stanley stock to zero and invest its profits in silver bullion. Pre-1964 silver coins are a great store of value which is one function of money. After the economy collapses silver coins will be an ideal medium of exchange because everyone knows what they are and what they are worth.
Soon the major concern of your life will be surviving to the end of 2013.
Notes: This first article explains why we will never recover until we do away with fractional reserve banking.
IMF Economists: ‘We Were Wrong.’ Will Someone Please Tell The Press And The Politicians.
Did Bernanke, The Rothschilds And Hillary Endorse Romney?
So What Happens In 2013 When The Number Of Poor In America Goes From 100 To 280 Million?
The Mathematics Of Austerity: Proving Austerity Never Was Even Intended To Work
Professor Keen, The 11th Marble, Debt Based Money And Fractional Reserve Banking
Reblogged this on ΝΕΑ ΧΩΡΙΣ ΦΙΛΤΡΟ ΦΕΛΛΟΥ.
May God Almighty come to the aid of our brothers and sisters in Greece. From a loyal US Navy veteran, now long in the tooth, whose sworn oath to protect and defend the Constitution against all enemies, foreign and domestic shall not have been uttered in vain. Please see: thethrivemovement(dot)com and carnicominstitute(dot)org.
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There are supposedly 200 FEMA camps in the us, even if true, all of them couldn’t hold 1/2 the population of ONE of our bigger cities.
There can be no FEMA camps designed to hold the majority of the 310 million here.
Moreover, just in Pennsylvania there are over 1 million deer hunters w/high powered, accurate rifles…IN ONE SINGLE STATE!
So those tasked with forcing Americans from their homes would have a lifespan of about 5 hours.
Who wants to do that?
What would be their motivation?
It’s a dream to think that the US can be enslaved, impoverised, yes! But enslaved, no!.
I have previously said these plans are designed to fail just as the bankers want us to lose WW III. These martial law plans are designed to start a civil war in addition to a race war and a and nationwide food riots.
They could ask for volunteers to go to Camp FEMA in Phase I with promises of food. They have industrial size incinerators with each one capable of incinerating tens of thousands of people every week.
That is why you will need food and a water to lat at least 2 weeks to a month.
There will be martial law. Hopefully, the police and the military will side with us and arrest the bankers.
So what is going to feed , transport , supply your one million hunters ? The pennsyltucky toothless fairy god mother ? I doubt if 90 % of your vaunted force has more than two boxes of shells and 3 days of food. They can be safely ignored , just shut off the utilities in dead of winter for starters.
If they knew who the enemy was, it would all be over in less than 24 hours.
Cutting off water and electricity to New York and Washington would be easy to achieve for people in Pennsylvania which is the state he was talking about.
People like you will be the first to go! Wait and see Pal!
I grew up on military bases. I figured out on my own when I was 9 years-old when I read my first book on Money and Banking.
My life was first threatened by adults when I was 9. It seems people who support dictatorships do not like people who can think and are both out spoken and do not cower in fear.
That being said that despite having been threatened many times I am still alive.
Do the math on those DHS industrial size incinerators. Each one is capable of incinerating tens of thousands of people every week. That is more than a million people a week.
I would say your numbers are reversed, maybe only 10% have two boxes of shells and 3 days of food. I know myself and many, many others have for more than 40 rounds of ammo, and a deep larder of food and supplies. Head on down to the bus stop Mykel, or join the ranks of the defenders of the republic buy purchasing a weapon(s) and a few thousand rounds of ammo!
I agree… winter will be here shortly for more than half the USA… I believe there will be plenty of folks that will lean foreward to defend… cold, hungry and otherwise. Hopefully folks have been preparing all along and not just waking up. Many Democrats will hate life as many of them are oppose to owning a weapon. Lets see how that all shakes out. Time to have a plan was yesterday and if not… PLAN NOW…. Our kids deserve a future as we brought them into this mess.
Who said anything about holding them?
These FEMA Camps will be extermination camps, not holding camps!
Well said Dave. The NRA estimates 150 to 200 million firearms in America. Our
opposition just does NOT have enough people to do squat ! I envision Bankers hanging from the street lights in New York if this happens!
Folks you are assuming it will be man to man combat. I’ve heard from active duty that the drones will be widely used. If the suppressors feel the need they will just use what force is required. Small arms against rockets, bombs, drones, hardly stand a chance. Look at what Sudam had… 3rd largest military in the world and we destroyed Iraq in 100 hrs. I served 25 yrs in the service to include a few ugly tours. Lets pray our military don’t turn on their own people like what’s happening all over the middle east right now…
There are only a few people in Washington and New York giving all the orders. If their electricity were cut off, the dollar would die and so would their ability to pay the police, the Army and the Marines.
Thanks again so very much for these warnings and advice. Food yes, water, yes; Can you suggest a proper water filter and where to buy it. And, re cutting off water and electricity to New York and Washington, hmmm.
I can’t make commercial endorsements. But you might want a filter that blocks radiation as America has 27 nuclear power plants near earthquake fault zones.
I have a Berkey Water filter on the cabnet and 2 ponds to get water from. They are highly recommended!!
There are plans on the internet to make a berkley like system, using two five gallon plastic buckets. you’ll save hundreds of dollars
Berkey water filters are very good. Just google Berkey water filters. I just bought more… thinking they are $107.00 for two. you can make your own filter unit with home depot 5 gallon pails.
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i have already distanced myself from the Morgan Stanley+Bank of America bank enterprise having replaced that entity with a local Credit Union as the holder of my checking account…
i was sufficiently convinced that the Morgan Stanley part of BoA was going to seize my funds to pay off their derivative ‘bets’…just like the other recent instances of MFGlobal etc
I will be posting something that will definitely interest you in a few minutes. It seems that a special court related to the ICC has been set up to handle cases to settle derivatives. Sounds like a kangaroo court for investors so bankers can escape justice or so they think.
Because it was not set up until January of this year it sounds to me like they are expecting it all to hit a brick wall very soon.
I will post this new article in a few minutes.
the LOVE of money ..is the root of ALL evil,since that IS the case, who do you believe is the author of all these banking atrocities ?i believe its satan itself, that small “s” is intentional.
Jesus said to the rabbis confronting him, “You worship at the Synagogue of Satan.”
“for a root of all the evils is the love of money, which certain longing for did go astray from the faith, and themselves did pierce through with many sorrows;”-I Tim 6:10, Holy Bible, Young’s Literal Translation
Giant incinerators? Com’on. Horse237, your an alarmist. If giant incinerators were being built someone would already be taking pictures of them for everone to see. You got any pictures? Nah, I didn’t think so. In the beginning their may be some riots that have to be put down but the elite bankers need people for slaves. They cannot survive on their own. They also control the media and can sway sheeple into thinking a one-world government (controlled by the elites), and a one world currency, is the best plan to bring us all back to prosperity. When the SHTF you will see daily broadcasts of dignitaries saying there is light at the end of the tunne and explain where to temporarily get your food and gas ration tickets and that you will receive a “brand new world dollar” for every two “old U.S. dollars” that cannot be used anymore. Many will jump on the one-world bankwagon to bring stability the U.S. That’s when the elite bankers have won.
Like ORIGINAL SIN ( now that’s a heavy ) subjection to myth of owning anything is on trial of the intellect of man in discovering he owns nothing. A brand New World Order Dollar is but a continuing NWO conceptual manipulation with invitation with the public to thinking America is still the land of the free and home of the brave. Silver and gold can’t be eaten, but survival commodities when the body needs nourishment the body can’t assimilate silver into bodily functions depending on food nourishment. So what really is the exchange for staying alive? A crossing of food and water for Groupies logic in thinking precious metals are the life-exchanging reasoning ? Generation later we’ll see how many people survive to those eating precious metals. that is if humanity is still recognizeable as we know it today/
Come, on, really? Matial law? I’ve been reading these predicitons for years. They. Never. Happen. There will be no martial law. Money crises, yes. Martial law and people being dragged away to camps to be incinerated? No.
But… I have water, food, and solar power. Just got my scope mounted on my Mosin Nagant today. Better to have it and not need it, you know…;)
Giant incinerators is mot the term I used. I said industrial size incinerators. I did a Google search and found 2,990 results. This is the first one.
Alex Jones who protects Israel and does not name the bankers who are attacking us but he has been talking about them for months.
Here is another one
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yeah, well alex jones talks a lot. he doesn’t SAY very much, but he talks a lot…and?
I listen to Alex Jones and to Mike Rivero.
Alex does reveal some information but he does conceal a lot.
He talks about offshore banks but not Jewish banks.
He talks about Nazis but it is the Ashkenazis who run America. The NSDAP ceased to function 67 years ago.
He has repeated many times the lie that Iran has threatened Israel. All they have ever said is that they will respond if attacked. Iran and their allies can hit Israel with 150,000 missiles. They did say that Israel will go off the map just as the former Soviet Union did when it was replaced by Russia.
Alex does not talk about ending fractional reserve banking.
He talks about Nazis but it is the Ashkenazis who run America.
Maybe that’s what Alex (secretly) is referring to: Nazi = Ashkenazi. (not Hitler’s Nazi)
Anyway, if anyone hears the word “Nazi” (in a negative sense or connotation), all one has to do is simply equate Nazis with Ashkenazis!
Hitler’s National Socialism program was bringing many many positive benefits to German people and Germany.
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