Deep corruption is eating away at every level of American society like cancer. We can see this in our families, we can see this in our businesses, and we can especially see this in our government. We have the highest rate of divorce in the world, we have the highest rate of teen pregnancy in the world, we have the highest rate of obesity in world, and nobody has higher rates of cancer, heart disease and diabetes than we do. The suicide rate is soaring and our economy is falling apart. Meanwhile, our politicians seem absolutely clueless and we have piled up the biggest mountain of debt that the world has ever seen. Has America ever been in such bad shape before? The following are 20 examples of how America is rapidly going down the toilet… [Read more...]
20 Examples Of How America Is Rapidly Going Down The Toilet
Jim Sinclair: Get Out Of The System For Your Own Sake!
In the wake of the BIS’ official bail-in blueprint, Jim Sinclair has sent an alert to readers urging them to exit the system immediately.
Sinclair states that even though readers are being told daily what is going to happen, 99.9% of even his close friends are in freeze-frame and have yet to move to pre-emptively protect themselves and their wealth from the bankster freight train rolling straight at them.
Sinclair’s full alert is below: [Read more...]
18 Signs That Massive Economic Problems Are Erupting All Over The Planet
This is no time to be complacent. Massive economic problems are erupting all over the globe, but most people seem to believe that everything is going to be just fine. In fact, a whole bunch of recent polls and surveys show that the American people are starting to feel much better about how the U.S. economy is performing. Unfortunately, the false prosperity that we are currently enjoying is not going to last much longer. Just look at what is happening in Europe. The eurozone is now in the midst of the longest recession that it has ever experienced. Just look at what is happening over in Asia. Economic growth in India is the lowest that it has been in a decade and the Japanese financial system is beginning to spin wildly out of control. One of the only places on the entire planet where serious economic problems have not already erupted is in the United States, and that is only because we have “kicked the can down the road” by recklessly printing money and by borrowing money at an unprecedented rate. Unfortunately, the “sugar high” produced by those foolish measures is starting to wear off. We are going to experience a massive amount of economic pain along with the rest of the world – it is just a matter of time.
What happened back in 2008 was just a preview.
What is coming next is going to absolutely shock the world. [Read more...]
Collapse Isn’t Coming-We’ve Already Begun-David Quintieri
David Quintieri, author of “The Money GPS,” is so worried about the unfolding economic calamity he wrote a book about how to survive it.
Quintieri says, “There is no other way out but a collapse . . . the collapse isn’t coming, we’ve already begun.” One sure sign the collapse is in full swing, Quintieri contends, “There’s no semblance of a free market what-so-ever, that’s completely gone. The numbers you see on TV and newspapers are completely fraudulent.” So, what do you need to do to prepare? Quintieri says, “When the collapse happens, those holding real assets are going to be the ones with all the wealth.” Don’t expect cash in the bank to help you either, Quintieri predicts, “They’re going to go money printing all the way. But it doesn’t go to the people, it goes to the banks. And whatever money’s left behind, they’re going to do a bail-in with it.” Join Greg Hunter as he goes One-on-One with David Quintieri. [Read more...]
OBAMA INTENDS TO COLLAPSE US ECONOMY – Ann Barnhardt
Elijah Johnson has released an interview with Ann Barnhardt of the former Barnhardt Capital Management, who warned SD readers last summer (9 months prior to the Cyprus bail-in) that if you are still in these markets you are either stupid or on drugs!
Barnhardt, who has been under attack by the IRS, shocks by stating that Obama intends to INTENTIONALLY collapse the US economy!
Barnhardt’s full interview is below: [Read more...]
Jim Sinclair: Entire US Banking System Missed a Bail-in Collapse by a Hair Tuesday!
Jim Sinclair states this morning that the entire US and Western banking system just missed a complete collapse and full bail-in by a hair’s length at the end of the Memorial Day Weekend.
Full details on the US banking system’s narrow miss of a complete systemic collapse and a full banking holiday Tuesday are below:
Jim Willie: Golden Paradigm Shift!
Gold and USTBonds aint a market. Their so-called official trading arenas are empty rooms with USGovt and USFed devices filling the empty space, creating a phony price. The false Gold price has no real supply. The false Bond price has no real demand. The claimed price is not where Supply meets Demand to clear the table on the market. Neither Gold more the USTBonds are a real market.
A Paradigm Shift is underway. The United States and its fascist allies are not in control. They will not find a path to retain or regain control. They have no solutions. The most powerful element of the shift has been the movement of gold wealth from Western locations to Eastern locations.
The world reacts by searching for a USDollar alternative, since the removal of the Gold Standard has crippled the world and permitted widespread fraud. The new standard will usher in the new Gold Trade Standard.
The US account holders will be treated with stock shares in conversion for the dead banks, whose value will converge quickly to zero. Expect soon the result to be a climax with bank runs.The bank runs will coincide with bullion bank runs, the fast removal of gold held in inventory vaults at the bullion banks.
[Read more...]
Gold And The Fiat End-Game: A Way Forward
Our current fiat currency standard is terminal, nations around the world are dropping the U.S. dollar as a medium of exchange, central banks are buying gold, and Americans are seeing price inflation during an economic downturn.
In order to avoid a systemic financial crisis here in the U.S., we need to focus on solutions.
Will It Be Inflation Or Delfation? The Answer May Surprise You
Is the coming financial collapse going to be inflationary or deflationary? Are we headed for rampant inflation or crippling deflation? This is a subject that is hotly debated by economists all over the country. Some insist that the wild money printing that the Federal Reserve is doing combined with out of control government spending will eventually result in hyperinflation. Others point to all of the deflationary factors in our economy and argue that we will experience tremendous deflation when the bubble economy that we are currently living in bursts. So what is the truth? Well, for the reasons listed below, I believe that we will see both.
Cash will not be king for long. In fact, eventually cash will be trash. The actions of the U.S. government and the Federal Reserve in response to the coming financial crisis will greatly upset much of the rest of the world and cause the death of the U.S. dollar.
The next major financial panic will cause a substantial deflationary wave first, and after that we will see unprecedented inflation as the central bankers and our politicians respond to the financial crisis. This will happen so quickly that many will get “financial whiplash” as they try to figure out what to do with their money. We are moving toward a time of extreme financial instability, and different strategies will be called for at different times.
So why will we see deflation first? The following are some of the major deflationary forces that are affecting our economy right now… [Read more...]
America’s Bubble Economy Is Going To Become An Economic Black Hole
What is going to happen when the greatest economic bubble in the history of the world pops? The mainstream media never talks about that. They are much too busy covering the latest dogfights in Washington and what Justin Bieber has been up to. And most Americans seem to think that if the Dow keeps setting new all-time highs that everything must be okay. Sadly, that is not the case at all. Right now, the U.S. economy is exhibiting all of the classic symptoms of a bubble economy. You can see this when you step back and take a longer-term view of things. Over the past decade, we have added more than 10 trillion dollars to the national debt. But most Americans have shown very little concern as the balance on our national credit card has soared from 6 trillion dollars to nearly 17 trillion dollars. Meanwhile, Wall Street has been transformed into the biggest casino on the planet, and much of the new money that the Federal Reserve has been recklessly printing up has gone into stocks. But the Dow does not keep setting new records because the underlying economic fundamentals are good. Rather, the reckless euphoria that we are seeing in the financial markets right now reminds me very much of 1929. Margin debt is absolutely soaring, and every time that happens a crash rapidly follows. But this time when a crash happens it could very well be unlike anything that we have ever seen before.
The top 25 U.S. banks have more than 212 trillion dollars of exposure to derivatives combined, and when that house of cards comes crashing down there is no way that anyone will be able to prop it back up. [Read more...]
Waking Up to $4,000/oz Gold…And Nothing Offered
“We will go to bed with Gold at $1,500 and wake up with it $4,000 bid…and nothing offered“- Reg Howe
This quote by Mr. Howe sounds crazy. It sounds impossible and sounds like the rantings of a raving lunatic right? Well, no it doesn’t. Actually, I believe that something resembling this will not only happen but has to happen. Logically, mathematically and just pure structurally an event very similar is locked, loaded ready for the trigger to be pulled. [Read more...]
The Collapse Of Fiat Money by a Falling Energy Supply
Each passing day, the world gets closer to a total collapse of the global fiat monetary system. After the United States unilaterally terminated the convertibility of the U.S. Dollar to gold in 1971, the world has been settling trade on borrowed time. It was full faith in the dollar and U.S. Treasury market that allowed global trade to continue for 4 decades.
However, faith in the dollar is waning as debts, derivatives and dishonesty plague the financial system. Most analysts (including many in the precious metal camp) are wasting time debating over the mere symptoms and not the disease itself.
We must remember, debts are nothing more than “Energy IOU’s.” To pay back a debt, energy has to be burned so the market can generate goods and services. Thus, this allows for growth to continue which provides a surplus of wealth enabling the repayment of debts.
The problem the world is facing, is not the huge amount of derivatives or debts, but the availability and affordability of its future energy supply. Actually, the world has not been able to afford the energy that it has been consuming for quite some time now. Basically, the world (especially the U.S.) cannot not afford its way of life, so it has created a system of debts and derivatives to cover up and mask the problems.
The collapse of the dollar is already taking place. It has more to do with energy… than most realize. [Read more...]
10 Amazing Charts That Demonstrate The Slow, Agonizing Death Of The American Worker
The middle class American worker is in danger of becoming an endangered species. The politicians are not telling you the truth, and the mainstream media is certainly not telling you the truth, but the reality is that there is nothing but bad news on the horizon for workers in the United States.
The numbers don’t lie. Today, the number of Americans on Social Security Disability now exceeds the entire population of Greece, and the number of Americans on food stamps now exceeds the entire population of Spain.
We are in the midst of a horrifying economic collapse, and the next major wave of that collapse is rapidly approaching. Are you ready?
The following are 10 amazing charts that demonstrate the slow, agonizing death of the American worker…
[Read more...]
10 Scenes From The Economic Collapse That Is Sweeping Across The Planet
When is the economic collapse going to happen? Just open up your eyes and take a look around the globe. The next wave of the economic collapse may not have reached Wall Street yet, but it is already deeply affecting billions of lives all over the planet. Much of Europe has already descended into a deep economic depression, very disturbing economic data is coming out of the second and third largest economies on the globe (China and Japan), and in most of the world economic inequality is growing even though 80 percent of the global population already lives on less than $10 a day. Just because the Dow has been setting brand new all-time records lately does not mean that everything is okay. Remember, a bubble is always the biggest right before it bursts.
The next major wave of the economic collapse is already sweeping across Europe and Asia and it is going to devastate the United States as well. I hope that you are ready. [Read more...]
One Year In Hell…Surviving a Full SHTF Collapse in Bosnia
Many in the precious metals community are eagerly anticipating a complete systemic collapse of the financial system because as “preppers”, they expect to not only survive, but to prosper in a SHTF scenario. We suspect however that the following MUST READ account of surviving the Bosnian war in the midst of a complete collapse of the grid will be eye-opening in just how difficult it is to survive a full-on Mad Max scenario, even if one has spent years preparing for it.
I am from Bosnia. You know, between 1992 and 1995, it was hell. For one year, I lived and survived in a city with 6,000 people without water, electricity, gasoline, medical help, civil defense, distribution service, any kind of traditional service or centralized rule.
Today, me and my family are well-prepared, I am well-armed. I have experience.
It does not matter what will happen: an earthquake, a war, a tsunami, aliens, terrorists, economic collapse, uprising. The important part is that something will happen.
The following is my experience: [Read more...]
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