“China… across the board… is preparing for something big in currency markets.”
(Video Via Future Money Trends)
This October may see the beginning of the end for the U.S. dollar as the world’s reserve currency. Twice every decade the International Monetary Fund meets to discuss their Special Drawing Rights (SDR) currency basket. Currently comprised of the dollar, Japanese Yen, British Pound and Euro, if China has their way a few months from now, we may well see the Chinese Yuan take its place among the world’s most trusted currencies.
U.S. Treasury Secretary Jack Lew says, “China isn’t ready for currency reserve status,” and would certainly like to see the Chinese blocked from entry, preserving the dollar’s status as the world’s go-to currency and primary mechanism of exchange for global international trade.
But while Lew and his predecessors have presided over the largest growth in national debt in world history, the Chinese have been strategically positioning, much like the United States did in the early 1900’s, to not just become the world’s largest economy, but to be the super power of the 21st century.
Forget for a moment what’s being touted by analysts, forecasters, politicians, and financial officials who say China is not ready. Focus instead on the actions being undertaken by China and you’ll understand why Chinese President Hu Jintao says that the dollar is a product of the past.
Excerpted From Future Money Trends:
Already we are seeing China and Russia hoard gold with Chinese demand skyrocketing in the past give year… China is both, the world’s largest gold producer and biggest importer… so not only are they accumulating gold by the truck load, but not one ounce produced is leaving their shore.
China… across the board… is preparing for something big in currency markets.
…
The world has an unease about the dollar system… President Hu of China said ‘the dollar is a product of the past.’
There was a time when the U.S. dollar was backed by gold. This backing helped to solidify it as a currency that could be trusted on the open market. Today, however, for all intents and purposes, the dollar is backed by absolutely nothing.
It is this weakness that the Chinese aim to exploit and that’s why they have been actively stockpiling thousands of tons of gold in recent years. But this is only part of the story.
In addition to their physical gold holdings, the Chinese have been using a secret gold accumulation strategy that no one is talking about :
The headlines for gold these past few years have only focused on physical gold accumulation by China, Russia and Eastern central banks. But what they have missed is a 7,000 year-old strategy that China is doubling down on.
According to data compiled by Bloomberg, in 2013 asset purchases by Hong Kong and [Chinese] mainland miners increased to a record $2.2 billion.
China is buying gold mines at a record… something completely missed by both, the mainstream investor and even the gold analysts who tend to only focus on the bullion sales, which haven’t been disclosed officially since 2009.
Although, according to Bloomberg, based on trade data the physical bullion stockpile has likely tripled since then.
China, who is aggressively buying gold, would spark an event if it disclosed how much gold it has stockpiled.
But imagine the true disclosure when you add up all their deposits… not just in China, but offshore. $2.2 billion is equivalent to 46 metric tons of physical gold… but when buying gold deposits in the ground this could be upwards of 5,000 metric tons.
And that is just one year of record mine buying from China.
It’s been rumored that China may disclose those gold holdings ahead of the IMF’s decision this October in an effort to prove to the world that their currency is not only worthy of admission into the SDR basket, but that it is more trustworthy than the U.S. dollar itself.
The winds of change are blowing and the Chinese will soon be taking the helm of the global economy. They know a major event is coming and they have been preparing for it by acquiring the one asset that has survived the test of time as a mechanism of exchange.
For those desperately trying to figure out where they should be putting their money before the next major market event takes shape, consider following their strategy.
Micro-documentary courtesy of Future Money Trends.
For more information on how to position yourself for the next global paradigm, visit: http://www.futuremoneytrends.com/china
It just keeps piling on for Sept/Oct 2015.
2015.75 from martin armstrong.
Shemitah from Jonathan Cahn.
Blood moon.
and now the IMF will be considering China’s Remnibi for the SDR (definitely a game changer).
Buckle up.
There may even be a few things you’re missing; watch this:
Sept 2015 Prophecies for Disaster
https://www.youtube.com/watch?v=wuFdeh02qFY
Some of you idiots seem to think that requiring vehicle insurance is a legitimate role for government.
Don’t you fucking morons understand that nobody ever had insurance until after WW2?
The reason accidents are so fucking expensive is BECAUSE of insurance (and the money printing).
If you wreck the insurance company will demand that you total your car or get ridiculously overpriced work done. You can fix that shit yourself for a few hundred with some parts and a little know-how and elbow grease.
Go fix your grandmas totalled car then. See how cheap it is!
^^ that.
Only someone who has no idea what he’s talking about would claim the rising cost of car repair is a government conspiracy
Not a conspiracy but a good deal of it is because of the various regulations -I won’t claim they’re either good or bad here- that make modern cars so very subject to seriously expensive damage.
An example: A miniscule accident that only breaks a headlight can easily cost a hundred times what it would have cost to repair 25 or 30 years ago (but it doesn’t leave broken glass on the street). Another: A simple bumping accident that wouldn’t even scratch the bumper on a 1969 Pontiac can require thousands of dollars of replacement and repair costs for a new bumper and airbag and such in a new vehicle (but it is far less likely to hurt someone now than then).
Some people would see conspiracy in this, but some kind of covert intent to cause that increased cost would be necessary for it to be a conspiracy and I see no way to derive that intent from the regulatory processes involved.
Bill Gates complains why computers keep getting cheaper, but cars keep getting more expensive. Need a car part? Print one off your 3D printer. I do not want all that electronic BS on a car anyway. Just something more to break.
Exactly, If China is hording Gold then why does it not keep going up in price? I see the Silver MKT being manioulated daily. The powers short Silver on paper to buy it up cheapee in physical form. I see approx .70 cents spreads in daily trading. I bought physical silver, but could make about $500 a day just day trading it on paper. And Iay just do that as a side career. Yep “Day 84” at my Off Grid BOL. The biggest waster of energy so far wad an electric coffee maker sucking 850 watts. 3 old style light bulbs pulled 249 watts and the new style twisty bulbs 3 of them only pulled 42 watts = 1/5th the energy. Off grid makes you aware how energy is used. I suggest everybody upgrade all your light bulbs to the new kind and they last like 8 yrs. That’s one way to cut your on grid electric bill way down. My solar panels suck up the free sunlight here is FL. My well pump will be set up with solar power ad well.
WWHTI: There are a number of reasons why gold is not going up more than it has. I won’t enumerate all of them here.
I will just say that it is SURPRISING that gold is going up in price right now, because historically, the price of gold is very SEASONAL, peaking at the end of the year / first of the year, every year.
Spring is typically a DOWN period until late summer / early fall when jewelers start buying for the winter season. The current anomaly begins to suggest that demand is much higher than normal for this time of year.
This anomaly could reflect Chinese buying, but more than likely evidences certain legal changes in India for the importation of gold and currency limitations that have been reversed. 🙂
I have suspected the price of gold is being manipulated downward to keep most people from buying it as an investment, an inflation hedge or a substitute for buying stocks and bonds. What do you suppose would happen to stocks, bonds and the dollar if everyone sold all that stuff and bought gold instead?
Now I’m wondering if the price is being held down to make sovereign gold purchases cost less. Probably the same for individual investors who are part of the “inner circle”.
There is no logical reason for gold to suddenly (over the last couple of years) be selling for at or below its production cost.
Does this make sense?
On the other hand, would you willingly go back to a pre-electronic vehicle with 12mpg, few or no safety devices (auto seatbelts/shoulderbelts, airbags, halogen headlights, disc brakes, power windows/locks, etc.)? Certainly many of those innovations would have happened due to market forces and not gov’t regs, but many would not. When your child’s life is saved by the “electronic BS” that controls her anti-lock brakes or his side airbag (or door reinforcement rail), is it worth having or not?
Remember the 5 MPH bumpers? Now a 5 MPH accident can cause hundreds of dollars in damage. The auto manufacturers are responsible for at least a good part of this. What about timing belts? I don’t know anybody who wouldn’t pay $20 or $50 more (probably overestimating the added cost on a new engine as it’s designed and built)for a new car in order to avoid a $500-$800 repair in 3 years.
LOL
i have kept my mouth shut for years on this site, but you are a fucking idiot. newer vehicles are made to absorb the impact of an accident, they fold up. a 10 mile per hour accident in a newer car can cost THOUSANDS, and if the air bags deploy it will be TOTALED. before you run your mouth and i know you will, i dont care that you are a self proclaimed ninja, and your lifestyle is sending you straight to the fire of hell.
I rearended someone in my relatively new vehicle a two years ago; the airbags deployed and every thing. It heald up pretty well. I was doing 45 mph approx, and hit someone in front of me. Yes, my fault. Perfect conditions, daylight etc. What can you say? no one hurt.
Point is dude up there is right. So is guy who says its lawyers. Its THIRD parties. Whenever it is more than a purchaser and a seller, each additional hand in there needs to get his share of the money. Get it?
Thats one of the reasons “health care” is so expensive. No body just deals with individual doctors anymore. If no one had insurance the costs of health care would be MUCH lower.
Texting at the wheel?
Actually I run an auto body shop so I know what I am talking about. What makes you think that just because air bags deploy it is totaled? People used to say the same about frames. They thought if the frame was bent its totaled.
Au contraire, Acid, we can lay this one squarely at the feet of the attorneys. For example, California alone, has more than ONE MILLION attorneys licensed to practice within CA. Hey, they’ve got to eat to, hence, the Whiplash-Willie Slugs.
Lawyers are certainly part of the problem, but so is technology. Fact is there are way more “moving parts” than there used to be, and most of it in sealed assemblies. Mfgs stuff miniaturized entertainment systems in these things, satellite navigation etc.
Me personally, my newest car is a 1999 for a reason. I’ve discussed with the wife buying 3 identical pre-1995 vehicles and keeping two running. I figure that should keep me in decent cheap transportation for 25+ years.
Smart strategy I hadn’t considered, Marcus.
AE:
I think lawyers get in the mix somewhere…..
A tail light alone can cost a couple hundred dollars to replace on a new car. Just saying. 🙁
Just had my Beemer X3 fixed after a turkey collision. Headlamp assembly alone was 2K. Would have been “only” 1.5K, but BMW “updated” the control unit so you had to have a new one, also.
the new ford pick up has all that crash avoidance shit in it
heard your talking like 700$ for the tail light because of everything for the crash avoidance shit is within it
And how much is the crash avoidance system worth if it helps you avoid the collision that would have killed your grandchild or left you a paraplegic for the rest of your life?
priceless, ….maybe even MORE expensive than that!….right, but WHERE do you say enough’s enough….when nobody can afford one anymore, which is about where we are at now…..toooo many expensive toys.
So you have a car crash and need to pay $700 for a new tail light with a crash avoidance system in it ?
Why?
It obviously doesn’t work very well…….
My stupid side mirror cost $180 to replace.
The electric side mirror on my 2002 Econoline Van costs over $350 at the dealer. And the parts person said that the non-electric one costs a lot also, but didn’t give me a price.
smashed my right corner panel on my 1986 f150 and it cost me $20 to replace one at the junk yard. suckers…keep it ol school
Someone’s off his meds again.
AE
What the hell does this have anything to do with China and Gold?
Car insurance was discussed a couple articles back.
Sgt.
Exactly, If China is hording Gold then why does it not keep going up in price? I see the Silver MKT being manioulated daily. The powers short Silver on paper to buy it up cheapee in physical form. I see approx .70 cents spreads in daily trading. I bought physical silver, but could make about $500 a day just day trading it on paper. And Iay just do that as a side career. Yep “Day 84” at my Off Grid BOL. The biggest waster of energy so far wad an electric coffee maker sucking 850 watts. 3 old style light bulbs pulled 249 watts and the new style twisty bulbs 3 of them only pulled 42 watts = 1/5th the energy. Off grid makes you aware how energy is used. I suggest everybody upgrade all your light bulbs to the new kind and they last like 8 yrs. That’s one way to cut your on grid electric bill way down. My solar panels suck up the free sunlight here is FL. My well pump will be set up with solar power ad well.
really?….so i guess i’m the only one out here that has replaced at LEAST 10 of these “last for 8 years” bulbs???…i’m callin’ BUUUULLSHIT…those ebulbs are CRAP!
Yup! Even had 2 catch fire! one was an accident, second was a trend… no more CFL bulbs for me, went all LED…
a couple weeks ago i ran into a simp at a yard sale had a big box of “old style” bulbs for 5 bucks!…..YIPEEEE!
My gut has been screaming at me for 8 months now that it is time. There are so many things happening at such a fast pace right now it is mind boggling. To many things are lining up together.
Prepare for the worst and hope for the best.
Mike, plan like its gonna happen tomorrow and live like you’ll make it to 95 and die in your sleep. I still think they can run this clunker of a country like they’re doing now for years yet. I always get the feelin’ that when things kick off it’ll be done in the wee hours of the morning when everyone is sawing wood.
Patriot
I am very unusual with my sleep pattern. They would have better luck doing it at 7 in the morning with me. I work shift work and I am a night owl. I am righting this post after a night shift.
One big commercial for Brazil Resources/future money trends. Awesome.
Shtfplan has been working its way towards snake oil for awhile. What happened to reporting the news?
And what happens when we pass this time frame and nothing happens but the usual, what mystic tea leaves and chicken bones do we follow for signs then?
The I Ching? 🙂
Good one Durango! That was big during the Mayan doomsday prophecy of 2012!
If history doesn’t repeat, it certainly rhymes. 🙂
My daughter had a homework assignment to find something in our house that was made in America. I kid you not, it took us over an hour to find something that was made in the USA in our house. It was hand tools that were made in the 1950s.
If our country does not make anything, has lost the skills to make anything, how are we supposed to survive and grow as a country?
Almost anything made of paper, cardboard, or pasteboard is manufactured here. Most real wood furniture is manufactured here. Most automobiles and trucks are manufactured here (over a dozen companies).
There are a number of factories in my small town. Most of the factories in eastern NC are fairly recent. Back in the 1950s, there was no manufacturing at all in eastern NC. Now there are a good number of factories. Weyerhaeuser has paper and lumber mills in a number of towns. There is a factory in my town that manufactures parts for undersea oil drilling and for space vehicles.
So there may be less manufacturing than before, but there are still a lot of factories.
It may be too little, too late, Archivist.
We, the American people were busy with greed for cheaper electronics and automobiles, just to name a couple, for fifty years and accepted all the cheaper crude to run them.
We allowed greedy politicians to side with corporate greed, to accept all those cheaper imports to improve our lifestyles, while the corporate and bankster joosters, nickeled-and-dimed us to death. Lower wages than necessary, and a scammed up health care system.
We are all responsible in some small way. That is why we all will suffer the consequences of making rogue, atheistic, countries filthy rich.
Our Heavenly Father gave us, North America, all the resources we would ever need to be more prosperous than we ever deserved.
What did we do???????
We allowed the leaders to push evil agendas down our throats, for a century,and for the most part, turned our backs on God’s plan for us.
Now the chickens have come home to roost and the people that have not seen the writing on the wall will pay big dividends for their ignorance.
The world and all that is in it, will pass. Sadly, many will perish with it.
I will pass, maybe even before the world does, but I haven’t sold my soul to gain any portion of it. Mistakes, i have made a few, and probably will make a few more if time permits. But; I for one, will not be shocked when the chastisement comes tumbling down.
I see a restoration coming for many. I see a return to divine communication, just like the masses did in 1857/1858 when the crash of that time came. Nothing makes folks return to their Ultimate Provider, like a big shaking down of their wallets and investments
Mass prayer vigils began popping up. Some drew crowds in Chicago and NY City, of 50,000 plus.
What goes around, comes around. Count on it.
pwtw
pwtw, so true.
Without some adversity and hardship
in one’s life comes complacency.
With complacency comes indolence and
indifference.
For want of a nail ……
Great post PWTW…..thanks!
You are so correct
We turned out back on the Lord Jesus and now we
Will reap the whirlwind
Many will perish. Most to everlasting
Damnation and separAtion from the Lord
Get saved NOW
Laugh it off and prepare to meet the lord of this world
Hint he doesn’t love you and you will suffer for
Eternity
Pray and accept Jesus today
most of the cars “made” here are just assembled here with made in “other country” parts
I’am sitting here in my living room an I can see an think of at lease 40-50 things I have. That are MAKED IN THE U.S.A, you have to make you choice an look for these items. Also STAY out of Walmart !
Obviously we are not supposed to “grow as a country”. 99% of us are now neo native americans and quite unnecessary to the would-be globalist masters.
For Informational Purposes Only. I was listening to GunTalk, hosted by Tom Gresham, on the radio yesterday and he was talking about Silencers/Surppressors, which I don’t own and probably never will, not that I dislike them, but I’m not going to pay Big Brother $200 for the “Privilege” of owning one. Anywho S/S are a legal product and Tom said UPS has stated that they will not allow S/S to be shipped by their company. So if they have a problem with Silencers/Suppressors, a legal product just because they’re gun related, what is next? Maybe ammo or other gun related products. Anywho I had a UPS delivery today and I asked the UPS guy to pass it along to the higher ups that I didn’t like this policy, so you may give this some though and also relay this to people in the firearms industry that you purchase related items from. Trekker Out. What Can Brown Do For You? Nothing!
Try sending a gun through UPS. I had to UPS my taurus gun back to the factory in Florida from Texas and it cost $72.00. They said that it had to be shipped overnight priority because it would be accounted for the entire time where as other packages are left unattended on trucks or unattended in warehouses where someone could steal them.
$72 sucks. Especially when it is only a $250 gun.
Tuarus is a shitty ass company. They give a lifetime warranty BUT they wont ship you parts. THEY want you to ship the gun to them and they will fix it! FUCK YOU TAURUS! For a 2 dollar firing pin you will pay 80 bux! Ruger is awesome! They will replace any part just call and tell them what you need and its free (at least it used to be). Fuckin taurus sucks ass I will never buy from them ever again!
Tuarus is made in Brazil, the only good thing to come out of Brazil is beautiful women. Next time buy American.
Never! ever tell them what you are shipping. You are shipping valuable tools. You are stupid if you tell them it is a gun.
I think when the shipping label says something like Smith and Wesson, or Ruger , Taurus ..gun mfg. name fill in the blank.. they pretty much know its not a stuffed animal in there , or “tools”
plus they have a way of seeing inside the box if they need to call your bluff
“plus they have a way of seeing inside the box if they need to call your bluff”
Yup, this is true, they scan it and can see inside.
Yeah ups is notoriously anti rights.
Ups stores won’t even take a boxed sealed gun for shipment. Had to drive it to the distribution center. I only used them as I had a prepaid warranty return from the mfg.
when it comes to shipping and their knee jerk policies,, use someone else,, when UPS feels it in their money numbers thats the only way to change their company policies
Fuck UPS, they cost too much to begin with
We are not supposed to survive as a country.
And of course you own an American car, right?
how much of that “american” car is built with sourced parts other then the United States .. also be careful using the word”american”
because the north american continent and the south american continent are the americans .. Canada is american,, Mexico is american, all the different countries in the south american continent are also american , so anything made there can be packages and sold as made in america
BTW you are not a Citizen of America if you live and reside in the United States .. that makes you a citizen of the United States of America ,,not america .. try going to the border of Canada and when they ask for citizenship .. you better not say American..they will correct you
Just like if Canadian ,, you say im a citizen of Canada ..not North America
or a citizen of Peru, they too are Americans , South American
Judging by current policies the country is not intended to survive let alone prosper. No govt. that has the well being of a nation at heart would do the things that our govt. is doing.
What about her?
We are not.
I looked in my house: Smith and Wesson, Remington, pistols and bullets. Also bought an after market part for my car “made in the USA”. Hard to find much though.
I have a Franklin that says China’s RMB DOES NOT become a world reserve currency along with the Big Five in October.
Any takers? 🙁
Got bitcoin?
Shameless propaganda from Future Money Trends. This article should be labeled an advertisement. Yes, buy gold if you can afford it.
DO NOT BUY MINING STOCKS BEFORE THE MARKETS CRASH!!! 🙂
right you are durango kid…even GOLD will be on sale when it happens(been there, done that)….buy nothing BEFORE the stocks collapse, and you will see firesale prices…cash will be king, if they will let you KEEP IT!
I agree DK. I’ll stick with my poor mans gold, silver. Better yet my redneck gold, bullets!! Remember boys and girls you can’t eat, drink or defend yourselves with gold. Well you could use gold to hire a sheep dog before the wolves come and take it from you.
Durango, do you believe to buy gold now at the 1200 dollar prices or will it drop meaning reverse at first then go up. I don’t know. I would like to buy 1-3 ounces.
Historically, US Treasuries and gold are the two major safe haven investments in times of financial crisis.
Yields on long bonds are rising, suggesting that some sellers are rotating out of the existing lower yields they have been holding and selling to new investors seeking a safe haven, and they are selling at a discount. This happens every cycle and is part of the great rotation into cash.
So even if Yellen will not raise rates, the marketplace is demanding it. Those who are selling bonds with low (no) yields but want liquidity, investments with higher yields, or want to reallocate their portfolio are likely those buying gold, which also has “no yield”.
Therefore it would not be unlikely for both gold and bonds to rise initially, which seems to be happening now.
Historically, gold usually declines in a Recession / Depression because the dollar strengthens and people want liquidity when fewer dollars are available and velocity is low.
The extent I believe to which investors prefer safety (gold) over liquidity (US Bonds) depends upon the risk appetite of hundreds of thousands of investors and their individual investment needs; which I believe rests with the level of economic stress anticipated overall, in a downturn.
Given the level of fear in internet meme’s the general population consensus, I think, is expecting a BIG, long lasting downturn when the markets break.
In a Real SHTF scenario I believe that gold will go to $3500 an ounce, If you do not have any gold now and can afford to buy, you should do so now regardless of whether the price declines or rises in the interim, as gold is intended tom preserve your wealth THROUGH the downturn, regardless of how severe it becomes.
If you have your other preps, buy gold at this price. 🙂
You can’t eat gold. Most of the rich people are buying
tangibles like land. Ellison just bought Lanai. Others are buying big parts of Kauai. I get hits all the time for my pitiful 5 acres in Hawaii. Year round food production, full water tanks, warmth, no AC required, you figure out why the rich are bailing on wall street and PM’s.
No you can’t eat gold, but if your preps are in the pantry, you don’t own any gold, and if you have excess cash, buy now because physical gold is a good store of value over time, as evidenced by 9,000 years of history:
particularly if you accept the current internet meme. 🙂
I buy guns and ammo. My heroes are Pol pot, Genghis Khan, Sun Tzu, George Washington,and Machiavelli. You figure it out. All these guys changed the world. Gold had nothing to do with it. Ideas win when backed up by weapons.
Yes but you can always buy an army of professional barbarians with gold: as history shows. 🙂
You mean like the Genocide produced by Cortez and his Spanish band of thugs as they looted all of Central America steeling everybody’s Gold.
YMWW: “A “capital gain” IS a “yield.” Do you deny this?”
Why would I deny it? Historically, gold has not always produced a “yield” depending upon when you bought it, the price you paid, and the price for which you sold it.
A capital gain (a specific type of yield) is not realized until the asset is sold, and at a profit. If sold at a loss, (including the cost to carry) it would be a capital loss.
Basic Accounting 101. Get a clue, dumbshit. 🙂
YMWW: ““…gold, which also has “no yield”.
Unless you are a very sophisticated investor, lease your gold, and receive a lease payment, gold has no yield. It does however has costs to own unless it is buried in your back yard with your ten dollar bills.
Any increase in value over time is a capital gain. 🙂
durangokidd says:
“Any increase in value over time is a capital gain.”
A “capital gain” IS a “yield.”
Do you deny this?
YMWW: Of course a capital gain represents a yield. That you asked that question at all reveals your complete and utter ignorance of things financial and economic.
Semd me a check via Mac you fucking moron for the education I give you!!! LMAO!!! Don’t be sooo fucking stupid!!! 🙂
I hear that a lot about no yield. Bank accounts even
bonds barely have any yield!
thanks for the reply, thanks for explaining it, have been thinking about it. I have thousands of rounds of all calibers and some so good there, I know you can never have too much but you get what im saying, and that goes for preps, who knows this may never see a total TSHTF movement and would like to make sure if when the dollar loses value or not I have something in its place. like the say don’t put all your nuts in one basket. Thanks again. If anybody does not know Durango and myself have been on here for years and years.
I do what I can. 😉
durangokidd says:
“Yields on long bonds are rising.”
The 10 year treasury bond has a yield of 2.27%. That is a NEGATIVE yield as inflation runs more than 2% per year. Anyone holding treasuries is an idiot.
“…gold, which also has “no yield”.
Gold has no yield??? LOL. If you’re the sort of person who discounts gold as a hedge against fiat paper and inflation, then I suppose you would say, “gold has no yield.”
“Historically, gold usually declines in a Recession / Depression because the dollar strengthens…”
Riiight… Is that why FDR signed an executive order in 1933 (during a depression) outlawing the private ownership of gold in the United States…
…”because the dollar strengthens…”
Where do you get this shit DK???
“In a Real SHTF scenario I believe that gold will go to $3500 an ounce, If you do not have any gold now and can afford to buy, you should do so now regardless of whether the price declines or rises in the interim, as gold is intended tom preserve your wealth THROUGH the downturn, regardless of how severe it becomes.”
What happened to your #10 can financial planning strategy???
Has it been supplanted by “metals?”
Paul Krugman would be terribly disappointed in you DK.
There you are asswipe! Been missing you! Wrong again!!! 🙂
I’ll take these topics one at a time:
“Yields on long bonds are rising.” Yes they are as those investors who have owned these low yielding bonds are selling at a discount (below par value) as they rotate to cash or other investments.
I made no allowance for the effect of inflation on the yield because this is not usually discussed as a function of bond yields: which are quoted according to the price and the coupon.
Bond investors acquire bonds at a real negative yield (including inflation) for a host of reasons, none of which are any of my business, but some are required to purchase bonds by law as a fiduciary for OPM. 🙂
YMWW: “Riiight… Is that why FDR signed an executive order in 1933 ”
FDR confiscated American gold to support the funding for massive infrastructure spending (CCC) during the Depression to create jobs, prior to the US Dollar becoming THE WRC after WW II.
After gold confiscation, FDR raised the price of gold from $20 per oz to $35 per oz by EO (booking a nice profit) to support job creation in the gold mining industry, and buying all gold produced: not unlike Russia and China today.
Its common knowledge that the dollar increases in value in a Recession / Depression because there are fewer dollars circulating, fewer dollars being created by fractional reserve lending, many more dollars destroyed by foreclosures and bankruptcy, and lower velocity of dollars through the economy.
Thats where I get it. 🙂
YMWW: “What happened to your #10 can financial planning strategy??? Has it been supplanted by “metals?”
No. As someone who follows me religiously, you should know by now that I suggest a number of ways for Preppers to diversify their assets to survive the Changes.
LMAO! You are such a glutton for punishment. Don’t you ever get tired of getting “bitch slapped”? 🙂
durangokidd says:
“Bond investors acquire bonds at a real negative yield (including inflation) for a host of reasons, none of which are any of my business…”
Translation: I don’t know what I’m talking about, but I’ll keep talking about it!
durangokidd says:
“FDR confiscated American gold to support the funding for massive infrastructure spending (CCC) during the Depression to create jobs, prior to the US Dollar becoming THE WRC after WW II.”
That is straight-up bullshit!!!
I challenge you to support that statement.
Oh… And btw… Don’t tell me I need to do my own research, because that’s an out for a punk with no game!!!
durangokidd says:
“YMWW: “What happened to your #10 can financial planning strategy??? Has it been supplanted by “metals?”
So are you gonna answer the question… or not?
It would appear… NOT!
durangokidd said:
“FDR confiscated American gold to support the funding for massive infrastructure spending (CCC) during the Depression to create jobs, prior to the US Dollar becoming THE WRC after WW II.”
FDR confiscated American gold to unshackle the Fed’s ability to inflate and expand the money supply. The government cannot create new gold at will, but it can print paper at will. In 1933, the USG removed the gold restraint on its ability to print “funny money.”
Here endeth the lesson. No need to thank me.
YMWW: “Translation: I don’t know what I’m talking about, but I’ll keep talking about it!”
The reason that investors buy US Bonds with a real negative yield should be obvious, even to a moron like you: Liquidity and Safety.
Take your head out of your ass and use it for something other than an asswipe!!! LMAO!!! 🙂
YMWW: “That is straight-up bullshit!!! I challenge you to support that statement.”
Really??? Prove me wrong, or be wrong again!!! 🙂
@DK
“The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit…The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.” ~ Alan Greenspan, “Gold and Economic Freedom,” 1966.
FDR confiscated American’s gold for the same reason Lenin confiscated it in Russia and Hitler confiscated it in Germany, namely, to get it out of the hands of the people.
FDR’s confiscation of American gold had nothing to do with supporting “the funding of massive infrastructure spending (CCC) during the Depression to create jobs, prior to the US Dollar becoming THE WRC after WW II.”
Once again, you are entitled to your own opinion, but you are not entitled to your own facts.
durangokidd says:
“Prove me wrong, or be wrong again!!!”
He’s trying to, but Mac won’t post his comments!!!
Why???
YMWW: Facts? Facts? You want to talk facts? The “abandonment of the gold standard” occurred in 1971 under Nixon, not FDR.
That is a historical FACT. Do you deny it? 🙂
Whoomp… there it is!
i had gold in 1987 for the stockmarket crash, as protection…that’s where i got MY PHD in investing in gold…when the market crashed, gold crashed WITH it…because it was a “margin call”, and everyone sold gold because it is one of the most liquid things to sell when you HAVE to sell, which is what a margin call DOES to you. and we are about to see the mother of all margin calls….that being said, when in the history of mankind has a person with GOLD starved?….betcha you can name a COUPLE…but i can name a whole lot MORE people that DIDN’T starve that had gold…..food, weapons, water, ammo, land that can be farmed, NEVER goes out of style…get THAT first!
I would stay away from bitcoin. It is nothing but an electronic version of fiat paper currency. With the government taking control of the internet, they will also control bitcoin. They will track everything you purchase through bitcoin. At least when using paper currency, there is no trail as to what you’ve purchased. Even paper currency sucks if you use banks. If you withdraw more than $5000 cash at one time you are reported to law enforcement and investigated FOR USING “YOUR MONEY”. I have been withdrawing my money in amounts less than $4000 at a time and caching it or buying precious metals, Silver, Brass, and Lead. Only when it is in your possession is it private and under your control.
There is only one reserve currency now, the US buck. The basket making up SDR is the US buck, the Yen, the Pound, and the Euro.
I think China can, and will make the case for the Yuan to be added to that basket this fall.
True reserve currency status will wait until they reveal how much gold they have, it is audited, and they are will to exchange it for their paper. When that day comes, the buck will join the previous reserve currencies on the dust heap of history.
TnAndy: Not true. China will not back its currency with gold. If they did they would find a run on the Yuan demanding gold for their currency, just as the USA found from France and other nations under the gold standard.
No nation will back its currency with gold until ALL nations do. ALL of the fiat currencies you mentioned are world reserve currencies.
China cannot make a case for WRC status yet no matter how much gold it has. There are STRUCTURAL problems within their financial infrastructure that limit this as a possibility for now. And that is the least of their problems.
Its not gonna happen this October. Don’t need bitcoin, I got mine. 🙂
You can’t have a gold backed currency even if everyone joined in. The money system needs to change as well as economic policy.
As long as central planners continue to push an infinite growth economic and money system any and all gold backed currencies are doomed to fail.
Yes, unless that “gold backed money” is digital. Coming to a Member Bank near you in the not too distant future. 🙁
Wishful thinking, won’t happen.
Wishful thinking? No. I don’t wish it at all. Once quantum computing has been perfected and the FED is assured that its Member Banks cannot be hacked and fraudulent electronic transfers made ….
They will install the Mark of the Beast to enslave US all. 🙁
Computer hacking will never be eliminated. I’ve been involved with computers since the early 80’s. Hacking is only going to get worse and more advanced.
As far as enslaving us all, that’s already in the process and you don’t need computers to accomplish that.
Any useful computer can be hacked. It always has been and always will be that way. If electronic means are too difficult, hackers go to physical attacks. It that’s too difficult, social engineering works surprisingly well.
Quantum computing will eliminate the ability of hackers to hack by creating quantum encryption. 🙂
No matter what the encryption, the input and output has to be in the clear and thus susceptible to interception.
There are keyloggers, hidden cameras, hidden microphones, physical wire tapping, and others. And there are still people in every organization who will give away passwords or anything else to an unknown person in a uniform carrying tools or a clipboard.
Quantum computing is therefore irrelevant as far as hacking is concerned.
Archivist: I am going to have to disagree with you as the level of sophistication that is necessary to break an encryption is beyond the capacity for most folks and your run-of-the-mill hacker, as both sender and receiver must have the “key” in quantum computing.
While I am sure that many in any given enterprise would give their “keys” to anyone with a badge or clipboard, in all likelihood those individuals with a badge or clipboard requesting the “key” would be members or agents of the PTB.
So while the average Joe or Jane may still be vulnerable to the “Man”; the integrity of digital bank deposits would likely remain secure.
I think we can expect these changes within the next five years. 🙁
“If a man creates it, a man can defeat it.”
That maxim stands, along with this one: “Never say never.”
Ummm… When the global crash happens, and all money is worthless, the one with the most value to back their money…wins…….
They will back their notes woth gold, only a fool would think otherwise
Sideshow: Not at all. Only a fool would believe that CB’s the world over (including the CCP) would expose their real wealth to sheeple, peasants and barbarians. 🙂
like CB will be in control after the crash… Lol..
Baaaaaaaaaaa
You are exactly right.
DK,
I completely agree with you. The Chinese “leaders” are nearly as clueless as the bone-heads in D.C. They built(and artificially inflated) almost a hundred HUGE “ghost cities” to spike their economy on the world market. Those Chinese-Economic-Chickens HAVE to come home to roost shortly.
This IS why they are buying hard assets i.e. gold at a record rate, there IS no other reason. When their economy tankes, and it will, there will be BILLIONS of rather pissed-off Chinese peasants looking to rectify their government’s excess and stupidity. That is uncontrollable in any country, including and especially China. Their people aren’t going to take it. Throw in the pissed off folks in the former British colonies that make up Hong Kong region, and that’s a lot of pissed off Chinese that their army cannot handle at all. The RMB isn’t going to become a “world reserve currency” and neither is the Russian ruble. This is just international bankster smoke and mirrors. Will the PRC’s economy go through “major changes” later this year?Quite possibly, and we will see deprivation within China that is unprecedented. Just my personal opinion.
TPS: “The Chinese “leaders” are nearly as clueless as the bone-heads in D.C.”
Wrong !!!
Don’t under estimate your adversaries. ALL of these assholes know EXACTLY what they are doing and what they are doing to US. They only want you to think they are incompetent when they know exactly what they are doing because …
The difference between incompetence and premeditated treason is DEATH !!! Its totally Constitutional !!! 🙂
Actually, DK, the morons in the PRC are Party ideologues, just like the bone heads in D.C. are ideologues. There is NO difference between them other than ideology. The PRC’s Peoples Liberation Army has been building up “islands” in the contested Spratly Islands region specifically to develop THEIR OWN oil fields and revenue sources. Those islands are going to “protect” the PRC’s interests in that region. The massive buy up of American corporate agricultural(meat and farming) companies is already factual. Those production capabilities are needed to feed the PRC’s people,NOT the Americans. The massive build up of hundreds of huge “ghost cities” artificially inflated the GDP of the PRC,so they could play the RMB game on the world’s financial derivatives market, and so far, they are not doing that well. The PRC currently is the largest worldwide client of Johnson-Mathey Refining worldwide. I personally know that at least one 747 makes a flight each week and sometimes two flights each week from Salt Lake City, Utah to Shanghai, China to deliver a 747 load full of bullion. The payment to J-M is routed from Shanghai to J-M’s HQ in London, UK to avoid USA taxes on those transactions. Of course the IRS looks the other way as part of the trade imbalance and the draw down on the PRC buying our worthless bonds.
I do not “underestimate” the capabilities of the PRC at all, and no, they do not have worldwide military power projection capabilities, YET. They are actively involved in Mexico, Central and South America, specifically going after large land purchases and huge ranches in those areas, again for food production capabilities NOT for the worldwide markets but to keep their own people from another revolution. So, the Chines tiger has “some” teeth, but it is not YET, capable of taking on the Damn Yankee Imperialists militarily. Nor financially, as much as they play the game of financial footsies with the Russians, the long time border fights between their common Eastern border have never been “a thing of the past”. Both militaries depend on uneducated conscripts to staff their huge armies. While they far outnumber the USA military strength, they are not capable of going toe-to-toe with the US on any long-term footing and logistical support.
AS for our morons in D.C., I remain unconvinced that they “know exactly what they are doing”, as evidenced by the manner in which the run the IRS, DOD, Amtrak, Congress it self, the VA, the SSA, the US national park system, and any other multitude of “governmental agencies. No federal employee EVER has to be efficient, cost-effective OR productive. And you want me to believe that these clowns in D.C. “know what they are doing?” Not a chance in hell they do, yes, they ARE that incompetent, otherwise, they wouldn’t be the puppets they are. Do I “trust” our “leaders” and “elected officials” in D.C.? No way in hell.
Be a good time for them to announce how much they’ve managed to move to the East from the West. Problem is, if they push it too much, they make worthless all the US govt debt they are still sitting on.
That pile of US paper had been drifting downward, decreasing to a several year low of 1.224 trillion in Feb 2015. But in March, (latest figures available), it upticked to 1.261 trillion again. I would think before China drops the Gold bomb, that figure would be a lot lower…..so I don’t look for it to happen this fall.
You can watch the figures at: http://www.treasury.gov/ticdata/Publish/mfh.txt
Good point: “if they push it too much, they make worthless all the US govt debt they are still sitting on.”
I am of the opinion that the exit strategy is now in play — as you note, the trillions in debt cannot be unwound rapidly without a huge “event” taking place all at once, such as the worst-case economic collapse scenarios we’ve discussed here before.
The Chinese are likely going to get hammered pretty hard in the near future either way and dip into recession, perhaps even depression.
But they will come out the other end much better off than the USA.
What’s a bit scary is that period in between now and when we come out the other end. USA, China, Europe, et. al in economic depression? War, in my view, becomes inevitable.
“War, in my view, becomes inevitable.”
Well, that has been the tried and true game plan, so it certainly is a good possibility.
As General Smedley Butler said, “War is a racket”…..and I’ll add “A wonderful distraction to what is really going on….”
“But they (China) will come out the other end much better off than the USA.”
Maybe. Maybe not. Any event powerful enough to destroy American Civilization would likely impact the entire world in a similar manner.
To a large extent, the American People have become a nation of Sheeple, not so in China. These people have had a taste of uninterrupted Freedom and Prosperity for 30 years and they are still hungry.
The CCP will have its hands full in its first Depression; and they know it. 🙁
The Yuan does not become a WRC until the FED says that it is. That is not going to happen until it works to the FED’s and its Member Banks advantage.
That “US DEBT” represents the wealth of the NWO. The NWO is composed of the political power structure in the WEST, the largest Multinational Corporations in the world, and the assets of the World Investment Class; including the CCP.
The RMB will be integrated into the world reserve currencies in an orderly fashion as has ALWAYS been the plan as the CCP is a FULL PARTNER and Managing Director of the NWO.
The RMB becomes a WRC when the FED says so. Not until. 🙂
Truly. The banksters are not going to sit passively while the Chinese devalue all the DEBT that controls the USA. War is likely among the tribes who love money.
The CCP will be required to hold a certain percentage amount of dollar and dollar backed securities as part of their currency reserves, on an ONGOING basis, to get FED approval for WRC status for the RMB.
Mark my words. 🙂
Did it ever occur to you that the empty chinese cities are there for the powers of china after the filled cities are nuked? Pretty simple explanation….
Did it ever occur to you that the empty cities have a high$$$ value and are most likely targeted too.
Genius: When I consider that Russia has 300 nukes aimed at the USA; (averaging 6 nukes per state), (some states needing only two) ….. and the US has a like amount aimed at populated areas of Russia …. and then the two of them have another 1500 +/- each in reserve …. (forget about the six for Hawaii)….
I think every city in the world will be a “Ghost City” once the first balloon goes up on either Russian or American soil.
With any luck (???) WWIII starts in Central Asia. 🙁
China has taken control of USA’s energy.
Check out a few of these past articles.
China stakes claim to S. Texas oil, gas
HOUSTON – State-owned Chinese energy giant CNOOC is buying a multibillion-dollar stake in 600,000 acres of South Texas oil and gas fields, potentially testing the political waters for further expansion into U.S. energy reserves.
Aside from having their tentacles in Colorado and Wyoming, other states where China has a sizable presence are as follows:
Louisiana – a $2.5 billion deal for 1/3 of a 265,000 acre energy field. China did likewise in buying a one-third share of a Michigan energy field.
The Chinese Communists have acquired a one-third share in energy producing fields in Ohio – Utica Shale field.
Oklahoma has them as well. The Chi-Coms own 1/3 of a 215,000 acre field based on a deal with Devon Energy.
In Texas, China owns 1/3 of the 600,000 acre Eagle Ford Shale energy field, and they own a small piece of the energy producing sections of the Gulf of Mexico.
What’s happening here is very obvious. The Chinese are Barack Obama’s loan shark. He can’t begin to pay them back what he has borrowed from them, so they are willing to take oil deals in partial payment. After all, he can’t give them the deed to the Grand Canyon – can he?
Big deals: Earlier this month, reports said PetroChina (PTR) is close to buying an old refinery on Aruba owned by American refining giant Valero (VLO, Fortune 500).
China is also said to be interested in building a pipeline to carry 300,000 barrels a day of Colombian oil to the Pacific Coast, according to a recent Eurasia Group note.
These deals come on the heels of some other major energy acquisitions.
They include CNOOC (CEO)’s purchase of a $2 billion stake in Chesapeake’s Texas oil fields in 2010 as well as CNOOC’s $2 billion purchase of Canadian oil sands operator OPTI Canada in 2011.
Also in 2011, China National Petroleum Corp. paid over $5 billion for a joint venture in Canadian shale gas properties held by Encana (ECA), and Sinopec (SHI) put down $7 billion for a share in Brazil’s deepwater oil assets.
These bits of articles are just the tip of the iceberg. China has been buying up pieces of the world’s energy supplies and supply chain. When they decide to make a run on the petro dollar, it will be much easier to accomplish with the ability to hold much of USA’s energy as ransom.
An abrubt halt in any segment of the gasoline supply chain, could turn the already fragile economy on it’s head. Don’t think for one minute that China won’t miss the opportunity to strike at becoming the world’s new superpower. With the secular government’s like China, Russia, and Iran, calling the shots, the good ole days are in the rear view mirror for Americans.
OICU812: “China has taken control of USA’s energy.”
Total Bullshit. What has happened is that Trilateral Corporatism has extended its reach to China and the CCP; interlocking the interests of the Chinese economy with the West, per PLAN.
The idea being is that Global Wealthy Oligarchs control the major multi national corporations, which in turn, control their respective governments, and interlocking ownership lowers the likelihood for war:
Believing that one nation will not destroy either the assets or markets in another nation which fuel their respective economies.
In other words, why cut off your nose to spite your face. 🙂
durangokidd says:
“In other words, why cut off your nose to spite your face.”
You are obviously not a study of human nature, nor of history.
The history of man is replete with examples of “cutting off your nose to spite your face!”
YMWW: I explained the PLAN of the Trilateral Globalists. The best laid plans of mice and men often go astray.
“The history of man is replete with examples of “cutting off your nose to spite your face!”
I agree. There are also those who are such a glutton for punishment that they enjoy getting bitch slapped over and over and over again; religiously.
Not unlike a dog returning to eat its vomit. 🙂
Wow, belgium made a dump of US treasuries between feb and march 2015!
Must have been an Oligarch getting liquid to buy a Picasso. 🙂
DK:
Can you say Fed Reserve Stockholder; and for how many millions?
Sorry Granny, I can’t respond, I’m missing your point. 🙁
DK:
I saw the article on the auction of the Picasso. My comment meant it had to be someone with unlimited resources. A stockholder in the Fed Reserve would certainly qualify as one of the oligarchs wealthy enough to purchase that UGLY picture for how many millions?
I think it was Kelsey Grammer aka “Frazier Crane” who reads and posts here, who bought the Picasso ( 🙂 ), suggesting in his last post many articles back that art was a good investment to preserve your wealth during the Changes.
I am more pedestrian than that; particularly when the barbarians will be at the gate. Pun intended. Kelsey, where have you stashed that Picasso?
I hope you bought that with an offshore LLC. 🙂
Apocalypse Foretold: Understanding The Mysterious Events At Fatima
http://beforeitsnews.com/prophecy/2015/05/apocalypse-foretold-understanding-the-mysterious-events-at-fatima-video-2469172.html
many people do not know anything about Fatima.
I think it is worth, to take 20 minutes time to hear about Fatima.
My Grandfather said it to the day he passed away (he was 83 in 1973 when he went home): The Yellow Race will rule the world before the end comes. I for one believe him, just look at what is going on now. It will soon be over!!
The picture says it all
http://uncyclopedia.wikia.com/wiki/UnNews:U.S._Dollar_'Made_In_China‘
You can buy chinese gold coins from jmbullion right now. If China was hoarding gold would they be selling gold coins. Come on.
Tom: China IS “hoarding” gold. The ratio that is important to understand the wealth of gold in China, as opposed to the printing of money in China, (which was 15 times the amount the FED printed in the same time period), is to understand the amount of gold per capital in any given country.
Otherwise its just debt. 🙂
60 minute video on Jim Rogers talking about China and agriculture being where to be money wise in the future.
ht tp://jimtalksmarkets.blogspot.com/
The future of farming is vertical and aquaponics. Buy a warehouse. Many are vacant. 🙂
what no one seems to realize is in the world theater zog amerika is nothing more than an expendable vassel state ( a colony ) of great britain and the family rothschilds.
to be used and played as a pawn on the world stage as ‘the ptb’ seem fit!
that is the reality of your existence as a zog amerikan tax debt slave.
i strongly encourage you all to start thinking like pirateers and become a lil’ more predatory selfish if you want to survive that which comes this way.
Spoken like Lyndon La Rouche. 🙂
Ya gotta ask yourself: Would I rather have Yen, Euro’s, Pounds, or Renmimbi’s?
At this point Renmimbi’s sound better than Yen or Euro’s, at least equal to Pounds.
Still prefer dollars to any others in the basket right now, but that is shifting and I’m looking harder at the Pound and Renmimbi.
Best thing that could happen to the US is the dollar losing reserve status, that would allow the dollar to float freely based on its real value (a percentage of our real goods and services output) and make our goods viable on the world trade markets again.
“Ya gotta ask yourself: Would I rather have Yen, Euro’s, Pounds, or Renmimbi’s?”
Agreed, the smart money is accumulating RMB’s PRIOR to WRC Status, which will eventually happen.
“Best thing that could happen to the US is the dollar losing reserve status,”
Not true. Nor is it good for Europe who needs a strong US Military to provide for their Defence, since they have been too cheap to maintain their military capabilities, counting upon the US Taxpayer to subsidize them.
Anyone who thinks Putin will stop with a few Ukrainian Republics is naive and has failed to understand the lessons of history and the politics of the Great Game. 🙁
Putin isn’t going after anything. Crimea voted to go with Russia. Please remind me how many countries Russia has bombed in the last twenty years? And how many has the USA bombed? We (US) are the interventionist country, NOT Russia…
Chip: I wasn’t referring to Crimea in particular, nor do I support the NWO in its expansion plans; but the “breakaway republics” of SE Ukraine are manned by Russian troops, not a massive armed uprising of the locals.
The evidence of Russian troops, equipment and staged revolution in Ukraine is as clear as day with plenty of evidence available on the Net.
The Putin is taking a page from the NWO Playbook and it serves NO ONE well, least of all, the people living within the borders of Ukraine. 🙁
What i am concerned about it not the new SWIFT SYSTEM. Its the Chinese soldiers that will cross over our border with the mexican miliary under the new bill singed by that clown, which states that once the calapse comenses, that they can come across the border and take back Texas to form the New Atlanz enmpire, that is identical to the
Jade Helm 15 Map, showing Texas as one of the insurgent states.
Jadehttp://www.thecommonsenseshow.com/2015/05/14/jade-helm-and-atzlan-giveaway-of-the-american-southwest/ Helm 15 map.
We have far worst to worry about that currency issues.
http://www.thecommonsenseshow.com/2015/05/18/a-newly-released-jade-helm-document-reveals-the-true-intent-of-the-drill/
Dr James Garrow had warned us many a times when he told John Moore in a 2014 interview, to expect a rape of Naking type of event in Texas and sorrounding states. I dont have to post that Kosovo story a kazillion times ot get the point across. Prepare, prepare, prepare, thats all we can do. When Dr Garrow did his infiltration tour, he kept stressing that is more important to own guns and ammo, not gold and silver, because according to him, we are going to get attacked, and he had mention to Eric Rush in a 2014 interview that their is and entire army of Jihadist coming accross the border, that they are being flown in, in military jets and brought across the border in mass. Now one of the camps are now in our city of Brazoria Country Rd 4, the so called Mahmoodberg traing compound, do a google search and read for yourself. Then its now a camp within 8 miles of El Paso Texas, right across our border.
Now a caller called David Knight on Alex Jones, saying that the governor of Indiana, just declared a state of Emergency “martial law” and said it was because they have, get this and HIV outbreak. If this is happening now, i belive based on my independent reasearh and sources, that war is inevitable, and that a Lexington Concord type of event is literally on the Horizon, as we thread through the SHTF EVENT HORIZON and soon to be, SHTF COMMENSES.
If a pizzazz biker group, gang, can have a disagreement in a public restaurant, with another Mexican biker gang, and this lead to a shootout, with bodies all over the parking lot and guns fights busting out over crap, then the mexican military coming into Texas, shooting at people, raping, murdering, etc. The response will make this altercation look look like a picnic in comparison.
And all your agency clowns that like to jump on and attack my info all you want, we have won the information war on this site, your wasting your time trying to discredit us, its already too late. I have read over 40 books on the above topic, the vatican, I read ” The Keys of this Blood”, the 12 Ceasars, etc, the arcons and other reptalian illuminati who controls the human race, etc. I have literally read thousands of articles from legit sources and the results of whats coming is not looking good. Your attacks on me will be taken with a yawn. You azz clowns have no leverage posting on this site talking crap. We have begome intelligent, and their is nothing that you can do about that. This is my daily post for today.
Another Bitch slap into the faces of you agency azz clown types.
Best regards,
Aka,
HCKS,..
most of those dead biker bodies had ‘police sniper bullets’ in them!
And they weren’t mexican bikers.
the bandidos are an international bike club, only about 28% are of mexican heritage, the rest are white or other.
and YOU know this….How exactly? Thanks.
because i use to associate with the hell’s angels and the headsmen mc’s in new england and drink at one of their clubhouses after hours.
mc’s are a interest still of mine.
The Great Nordic Biker War, sometimes called the Great Northern Biker War or Great Scandinavian Biker War, refers to the violent gang war that began in 1994 and continued until 1997 in many parts of Scandinavia, mainly involving Hells Angels MC and Bandidos MC but also involving many prospect and support clubs. The cities mainly affected by the war were Copenhagen in Denmark, Helsinki in Finland, Oslo in Norway, and Helsingborg and Malmö in Sweden.[1]
http://www.bing.com/images/search?q=sweden+bandidos+gang+war&qpvt=sweden+bandidos+gang+war+&qpvt=sweden+bandidos+gang+war+&FORM=IGRE
i know about the police sniper teams killing the bikers because i dug deep for the truth and did a full search on what really happened there.
Oh, well that clears it right up. We’ll just take your word on it.
do you want me to wipe your ass too? ya lazy f*ck!
He’s right, you know.
Several motor cycle clubs were simply gathered to negotiate a settlement to a few minor differences between them when undercover cops and pre positioned sniper units started trouble and opened fire on them without warning to start the whole thing.
Autopsies and ballistics, it the true ones are ever released, will testify to this as well as uncut independent and private video (almost all of which is currently seized and kept secret, maybe to be edited or destroyed).
The entire melee was a government police set up from the start, something the media and government police are keeping suppressed.
Speaking of the Hell’s Angels. Here’s a little story for anyone interested in that sort of thing.
Through the 80’s and 90’s, a few of the guys that had bikes started doing the Bike Week thing at Myrtle Beach, SC, every May.
Because most of our crowd were just starting on street bikes, had limited budgets, rode rice burners, and most were limited to only a couple/three days off from work, we started with doing long Memorial Day weekend trips, and missing the main Biker Rally by a week.
Near the end of the 80’s, we were buying Harleys and weeding out the wusses, so we started doing the whole Bike Week deal. Plus the jungle boogie bunch had started taking over the week of Memorial as “their” rally, and it was a screwed up mess. A lot of the Beach Shops closed for that week because they had so much stuff stolen, by the nig-nogs.
What a blast we were having during Bike Week. Having spent a lot of time at the Holiday Inn lounge and nightclub, just up the street from where we stayed, we always looked forward to going there to meet girls.
Memories galore.
Anyways, sometime in the mid 90’s we went down, and low and behold, no more Holiday Inn or night club lounge, or bikini contests at the pool party everyday. bummer.
Why? The darned Hells Angels had purchased the whole complex, and there was no getting in without a member pass.
Across the street was a little diner, that had a killer breakfast. I think the greeks ran it. The second year after the Hell’s angels screwed up our party hole, we went up to the diner for breakfast. Most of the Angels were pretty cool dudes and didn’t bother anybody. As we were ordering, we noticed a bunch of Outlaws MC members pull up and come in to eat. Then a few more. I said boys you had better shovel that food down yer throats or get a to-go box cause these fu..ers mix together like oil and water. Just as we were paid up and started out the door, the chairs started flying and the free for all was on.
The next day, the place was boarded up and never reopened until years later, as something else.
The Angels kept that huge friggin hotel for years and sometimes during the summer, there would only be a handful of bikes and vehicles in the parking lot.
The cops kept a boat anchored about a quarter mile out, all summer, just so they could keep surveillance on the place.
If the Outlaws and the Monguls have as much membership and money as the H A’s, then it is no wonder the feds are wanting them all gone, they’re cutting into their dope dollars.
I love to ride my Harley, but I ain’t getting my ass killed, just to fly colors.
While the dollar is still the best looking horse in the glue factory, don’t bet on it preserving your buying power long term, nor any paper investments denominated in it.
After family preps all fully secured, if any money remaining, smart move then would be to move remaining cash to home and also diversify acquiring some gold, silver & extra lead (ammo) and other extra barterable supplies.
– Shane
With all due respect to the content of the article and its authors’ perspectives, China is accumulating gold also because its population knows the truth of how bad their economy is and they are preparing for the collapse of THEIR OWN currency, right along with the collapse of their economy. In addition, as pagans, atheists, materialists extraordinaire, and the most superstitious people in the history of humanity, they see gold as both “lucky” and the ultimate symbol of status…having reached the point of being able to actually afford to buy some, they are buying it just because they can.
China’s economic “miracle” has been a lie, complete with falsified invoices, made-up economic statistics, ghost cities, and every other method of making their situation look enormously better than it ever really was.
You are absolutely correct.
You are right. China’s economy has fallen 20% over he last 8 years. The Chinese added to their population in growth rate of .5% a year with no jobs for them, they can’t sustain their population. I read they would have to create 45-50 million-plus jobs each year since 2006 and that just isn’t happening.
We hear this sort of thing every couple of weeks. “Something big is going to happen in a month or three”. And it never does.
oh shit is happening,, almost every day,,and big shit too, just have to be awake to see it.. and see the big picture of where this is all headed
The Chines/PRC has been on an American agriculture/corporate farm purchasing spree for a long time now. Since Obama has been in office, they have significantly UPPED their purchases of large corporate/family farms, in order to feed their people, when their economy tanks.
When they can’t feed their own people, their own people will revolt and make Mao’s Revolution look like a Sunday School class picnic in the park. Terrible times are coming within the PRC, the threat of famine there is VERY real. That is why they are hoarding gold and buying American agricultural production capabilities. Their corporate American farms will NOT be selling anything here within our own borders at all. Stock up, it promises to be a long famine here as well.
A bit off topic, but when time permits, try looking up “Products Made In US Prisons.”
What they are preparing for.is the great clatyclismic events . the end of an ageearth changes. They are being caused by the rapidly shifting magnetic poles.
Modern economies are not based on yellow gold or “money”.
They are based on who controls the most cheap hydrocarbons.
Black gold is today’s currency.
And food and water soon.
Picture this scenario. This fall the FED announces an increase in interest rates. This triggers a stock market crash. Worse, all the derivatives come due. Last I checked 400 trillion dollars in derivatives are due if interest rates go up just a half point. Suddenly China announces to the world how much gold they have. It’s a huge media event with pictures, video, hand shaking, smiles. China announces their basket currency with BRICS and Russia. So on one side of the globe…. the USA is crashing. In the far east, China and Russia are dancing.
Question for joe in JT. and where Is the downside? Im getting older every day lets get this show on road.
No doubt something is going to happen globally in September or October, but it surprises me that this ‘something’ has not happened sooner.
USA gets North and South America
Russia Europe
China the Orient
Destroy all the muslim countries
Actually, Sodbuster, the PTB will have a huge net that encompasses all the nations. It is called the United Nations. That is also where the “worlds new dollar” in whatever form will be issued from.
Love my ruger lcr 357 sweet little piece easy to pack smooth as butter too. Never tried Taurus but don’t think it’s even in the same league as ruger or smith. Anyway Mac I agree with you on exit strategy this is what companies do they come in and exploit the workforce paying low wages to a populace desperate for any work. When they have extracted as much as they can making themselves rich they enact their exit strategy. Making off with millions to retire early or become investors increasing their wealth more. How rich do people think china is getting off cheap consumer goods. They are getting exploited by companies like walmart that sell their junk. Walmart buys the stuff for pennies on the dollar marks it up and sells it to you for five or ten bucks. Whatever walmart doesn’t sell some store like biglots buys it and sells it in their store. The economic system is built on exploitation of the worker no matter what country on earth your in. China is a communist dictatorship that oppresses it’s citizens and exploits them plain and simple they will have a bunch of old ladies sewing garments for $5.00 a week working long days. As long as this continues which it will the wages of Americans are on their way down it’s the only way to compete in the global marketplace. I’ve seen good paying careers turn to just a weekly paycheck. I’ve never seen wages go up. Maybe if it’s your business you can have a raise but if you work for a corporation no way. The CEOs and shareholders get the $ before any workers. When you are on the bottom it’s impossible to come out on top but when your on top it’s easy to stay on top. China has problems and I think the easy $ wheel is slowing down for them as well. How much cheap goods do people want to only have to throw them away and buy new stuff before people realize buying better stuff will last 10 times longer. I know I’m not buying cheap stuff. People save your $ and boycott cheap chinese products time to do this is long past due IMHO.
Yes, by all means boycott cheap Chinese products, because after the TPP is ratified by an Obola EO with “Fast Track” negotiation powers, you will have to buy those cheap Chinese products from Central and South America at half the price with declining American dollars …..
next year. 🙁
Long ago I bought Etrade stock.
Today, now worthless.
I should have bought gold.
This is not news. Hu Jintao, quoted as President, has not been in office since 2012.
The thing I most can’t forgive Obama for is spending more during his presidency more than all other presidents combined. Totally irresponsible! If for no other reason, he ought to be tossed out office on that issue alone. It has been treasonous, selfish and immoral. Our future is far more bleak because of such an unwise and foolish president. It astounds me that few see it. It’s common sense, but we the citizenry will be left holding the bag – we are doomed as nation, count on it, because of their fiscal insanity which continues right on to this very day, mountains of new debt piled on our backs every single day. We could have had a clear path out of these hard economic times if not their ruinous policies of spending infinitely more than we are taking in. Mind boggling that this could go on year after year without so much as whimper from the American people! It’s like living in a nation that it absolutely stupid or one that has a death wish. So very sad!
John Trainor:
Congress controls the purse strings. Obama (supposedly) can’t spend a penny that they don’t approve of.
Lets put the blame where it belongs.
How did that last election to clean up congress turn out for all of you? Anything change?
Maybe a new cast of characters lock stepping with the same old AIPAC agenda.
We need to “engage our employees” alright. We need to engage them into learning how to plan to survive the onslaught coming at America.
Pray, Prep, Plan….
The national debt from George Washington until 10 years ago gtew to 4 trillion. Bush Junior in 4 short years in order to keep the economy from crashing more than doubled the debt to almost 9 trillion. In the last 6 years to prop up the economy the Obama Kickanistan economics has doubled the debt again it above 18 trillion & rising. No matter who Is elected the debt will continue to snowball. Eventually there will be a economic disaster There isn’t any viable political or ballot box solution. Blaming bush or Obama it don’t matter. Rosevelt was the founder of the UN and created the new deal. Now the debt chickens have come home to roost.
Old Guy: Words of truth. There is no political/military solution. The US, due to political pride, cannot declare bankruptcy, or credit default – so the world is going to declare it to us as they abandon the toxic dollar.
China operates a weaponised economy and has no reverse gear. They can only ever go forward because they will have huge social catastrophe if they do not. Think Americans are whiny bitches, try pissed off Chinese if the government doesn’t let them trade and do business.
America was dumb to take all that cheap product and export its intellectual product and manufacturing. But it is done. We now live in a global economy and it has different rules. The problem is that most Americans were asleep while this happened. People in other countries know full what is going on and have adjusted for it: for them the new global economy has been a reality for 20 years.
2015 was always going to be a big year: also something known by people around the world yet, seems to be a surprise to most Americans: clueless again. The only smart Americans you ever meet these days are two kinds: 1) the military/CIA/NSA etc. 2) heads of multinational companies. The rest are completely clueless.
And Frank, which category do you fall into; 1 or 2? 🙂
Exploit the working people of the world doesn’t matter what country. How can people deny the obvious. People got their heads up their ass.
We will not change what is going to happen in the world. Our only option is prepare ourselves and families to the best of our ability to deal with that change. I feel that TPTB setting in the star chamber is about to gavel in to action their final plan they have for world dominance. Time grows very short. Stand Tall and Hold Fast to your Convictions.
Perhaps today is a good day to die. I for one will go out as a FREE MAN!!
Sorry if this is way off topic. I am looking for a website with free comprehensive preparedness literature so I can print the info for a hard copy binder. I visit this sight daily and I am impressed with the knowledge of the guests here. I’m on a strict budget otherwise I would buy them to support this sight and others. Looking forward to the suggestions. God bless all.
everything you need is on the web for free, just startpage it!
And dig deeper.
all free
http://readynutrition.com/resources/52-weeks-to-preparedness-an-introduction_19072011/
Yes, China will take the (helm) very soon! Well, they will try, but I believe global conflict will follow shortly thereafter!
I’ve been preparing for the Chinese tactical move. You won’t believe how much Chinese food I’ve been eating lately. It must be some secret diet food, because it goes right thru me. Ancient Chinese secret.
China’s rise is due to extremely bad economic leadership of our nation! The stupid notion that we stop manufacturing goods i.e. wealth creation,jobs, and let China do this, lets their economy grow! While our government does everything in its power to hamstring our manufacturing base!! We see the effects of this planned destruction , to our nations detriment, low wages ,lower employment,and more and more government relief and debt heaped upon the very people they have destituted! That is why China’s economy grows , they create an environment of economic growth and make things people buy! And our government does every thing in their power to hamstring ours!And that service based economy i.e. scratching each others back makes nothing of value! Go figure????
Let us take a close look at GOLD.
Gold what is it good for?
#1 Conducts Electricity.
#2 Melts at a low temp.
#3 After melting can be formed into objects Like Golden Idols.
#4 Make good look Jewelry.
Down side
#1 Not a lot of it.
#2 Very heavy
#3 Only minor medical use like Teeth.
#4 Costly to produce. Unless you have slaves to produce it.
Now Silver on the other hand.
Can do all of the positives of gold and used medically for many more things. There is as much silver, and cost less to produce.
Now for the REAL items that is more precious that Gold or Silver.
#1 Water
#2 Good Farm Ground
#3 Fuel, Oil, Coal.
#4 Untapped labor force. (All these leaches and Zombies that have been setting on their asses for all these years will get a wake up call and there will be no more setting on their asses , and if they do they Die!
China may have a lot of gold. Russia may have Fuel.
But NOBODY has Gold, Silver, Fuel, Water, Good farm land like the United States Of America.
The only problem is the TURDS in D.C. selling it off.
Sgt.
Have limited daily time on the internet so I have to post what I can, when I can. Home invasion 2 blocks from Bidens’ residence. Mom, Dad, little kid and housekeeper are beaten, stabbed, tortured to death and set on fire. Very wealthy neighborhood. Probably killed by an illegal from El Salvador. The family employed 2 illegals from El Salvador as housekeepers. Large El Salvador community nearby. This is a suburb of DC. Possibly inside job.
Taliban will retake Kabul by summer 2016. ISIS will not take Baghdad, but will make it a living Hell for years to come.
all of the commentators have missed the real reason for such utter forboding! IT IS just time! It is the Day of the Lord ! His turn now, simple, we had our shot , now its his turn! all tHis ruchus is mans last ditch efforts to say, I got it I got it ,all the while he, man, has accidently lite the fuse to all the fireworks like a three stooges movie!HEY MOE , HEY LARRY, ANG ANG ANG WOOB WOOB WOOB WOOB! NUNK NUNK NUNK!
I have NEVER, EVER seen America like this before. But never has America experienced an illegal foreigner negro sodomite, and NOW you have!
Your country will burn end to end as George Washington saw in his nightmare.
Not one ounce of gold leaves China, I call bullshit. I can buy Panda Gold Dollars all day long.