Sinclair contends, “This is a pre-crash, and we are not making it through September without the real thing.
The US Plunge Protection Team is losing control of the markets, and Sinclair warns, “They got the dickens scared out of them. They actually backed off providing the funds necessary. . . . That’s your warning. The warning is markets can overrun plunge protection teams. Markets can and will overrun the manipulation of metals and currencies.
The market will overrun the false strength in the US dollar…
The two last men standing will be gold and gold on steroids-silver.”
Something BIG, UGLY, and NASTY this way comes…
After the emergence of the “Sheisse” Dollar, will the Federal Reserve Notes we have today be honored for a time or required to be turned in or devalued along with the new “Sheisse” Dollar?
When the U.S. dollar vanishes and is replaced, what will happen to the other currencies of the world?
As physical metal becomes more precious, and the US more desperate, will they flood the market with counterfeit coins?
Jim Willie’s MUST LISTEN interview is below:
*Updated 8/14 2pm EST
The financial sparring between East and West may have taken a very serious turn yesterday and I seriously believe a tactical nuke was set off.
IF this is the case, China will provide proof and they WILL retaliate.
Have the smoldering stages of what was a financial/technological/trade war now become hot with the first shot fired?
The dollar is revealed to be a paper thin instrument of warfare, a twisted illusion, a weapon in a covert economic war that threatens our very livelihood.
Want to know what Dr. Ron Paul thinks about the potential for a disruptive financial market event and the status of the U.S. dollar in the future? Interested in his perspective on the Republican Party and last November’s election?
Eric Dubin interviewed Dr. Paul about his latest book, “Swords Into Plowshares,” and asked related questions of great interest to Silver Doctors readers.
Check out his exclusive interview on The News Doctors here:
Forget about what stock markets are doing because that is just a diversion…
We are going to see a negative gradual financial crescendo into September and fear is going to strike the entire financial world far more then than it has now.
All of this crescendo leads to a blow off of the top of the mountain of the most magnificent volcano know to man obliterates the surrounding landscape and peoples.
I am speaking of the red hot magma of the paper bond and derivatives market and multitude of naked no substance bets that the entire financial world rests upon and how fragile it is. It is going to fail in about 60 minutes…
Last Friday, June 26, was D Day. That was the last day a person in Greece, for all intents and purposes, had the banking freedom we take for granted here in the US. Today the Greek people are now stuck in a burning barn, finding out that the system they relied on is broken. If there is not even a small reset, sometime within a week or two, there will be riots when food and gasoline are gone.
The Greeks had many options before June 26 2015.
One day the stores and gas stations were full: The next day they were empty.
Systems fail slowly at first and then very quickly. You must be aware of the warning signs of systemic failure.
Being 6 months early beats being 1 day late.
– Former U.S. Congressman blasts Fed’s role in markets
– Gives scathing analysis of modern economics and markets
– Highlights complete disregard of economic fundamentals in investment decisions today
– As will be the case with Greece, U.S. will eventually be forced to liquidate debt
– Attempts to forecast day of reckoning are futile as it is a function of psychology
– “They can’t print money forever”
– Gold and silver will weather and thrive in currency devaluation
No one knows how well prepared the system is to handle potential bank runs and massive demands for cash withdrawals if the system tanks.
And no one knows how much longer the system can hold.
You could say the price of a loaf of bread will be $100 and that is the kind of thing we will see, and it may be even worse. It will be just like we saw in Zimbabwe or Germany in the Weimar Republic. These things happen in history . . . and the United States is not exempt of the laws of economics. It is going to happen here . . .
If there were ever a tell-tale sign that a momentous set of events is soon to take place, this is it…