Those who ridicule the preparedness movement may be laughing and snickering today. But you can be certain that when it hits the fan and America goes the way of Greece, they’ll be the first ones knocking on the door looking for help.
While we remember those who paid the ultimate price to secure our Freedom today on Memorial Day,
Deagel has posted an update to its forecast for a coming economic collapse of the United States and the resulting 78% “depopulation” of the US that will occur.
The collapse of the Western financial system will wipe out the standard of living of its population while ending ponzi schemes such as the stock exchange and the pension funds. The population will be hit so badly by a full array of bubbles and ponzi schemes that the migration engine will start to work in reverse accelerating itself due to ripple effects thus leading to the demise of the States.
The death toll will be horrible.
The American downfall is set to be far worse than the Soviet Union’s one.
A confluence of crisis with a devastating result…
The business inventory to sales ratio is starting to mirror the stock market and the dollar and go parabolic.
Given that the economy appears to be entering “crash mode,” and given that the money supply is now almost 5x higher than it was in 2009, and given that Treasury debt outstanding is now $7 trillion dollars – or 64% – higher now than in 2009, and given that interest rates can only go negative, I would suggest that the Fed is out of tricks and what is coming at us in the system is going to be much WORSE than what occurred in 2008.
NY Times Bestselling Author Jonathan Cahn of The Harbinger & The Mystery of the Shemitah joins Metals & Markets to discuss the 7 Year Debt Cycle of Economic Crashes that has gone viral in the alternative media:
- Could a 7 year debt cleansing cycle called The Shemitah (literally The Collapse) explain the majority of financial crises in US history, and predict that the next major crash may be only months away?
- Cahn explains how WWI, England abandoning in the Gold Standard, The Great Depression, WWII, Black Monday, The 9/11 Market Crash, & the 2008 Financial Crisis ALL can be tied DIRECTLY to this debt cycle year- many down to the EXACT DAY!
- Does the debt cycle PREDICT THE EXACT DATE for the coming Global Financial Collapse?
- Last two US financial crashes occurred on the EXACT DAY predicted by the Biblical date of WIPEOUT– and the CYCLE WAVE PATTERN IS GETTING STRONGER!
- Could we see not only a dollar collapse, but the fall of America as a nation and empire in 2015?
The MUST LISTEN Special Edition Metals & Markets With NY Times Bestselling Author Jonathan Cahn is below:
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 & financial system 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. 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.
Money soon became worthless. We returned to an exchange. For a tin can of tushonka (think Soviet spam), you could have a woman.
Arms, ammunition, candles, lighters, antibiotics, gasoline, batteries and food. We fought for these things like animals.
In these situations, it all changes. Men become monsters.
Strength was in numbers. For a man living alone, getting killed and robbed would be just a matter of time, even if he was armed.
The following is my experience…
Does a mystery that is 3,500 years old hold the key to what is going to happen to global financial markets in 2015?
Could it be possible that the timing of major financial crashes is not just a matter of coincidence?
In his most recent best-selling book, Jonathan Cahn has demonstrated that almost all of the major financial crashes in U.S. history are very closely tied to a seven year pattern that we find in the Bible known as “the Shemitah”.
On the very last day of the last two Shemitah years (2001 & 2008), the stock market crashed so badly that it set a brand new all-time record.
We are now in the midst of another Shemitah year. It began last fall, and it will end this September.
Are we on the verge of another historic market crash?
That moment of failure is coming closer and closer. Recent actions by central banks have exposed their increasingly desperate mindset and have even called into question the one thing that absolutely cannot ever be questioned: the ability of the central banks to deliver on the promise of endless growth.
Central bank credibility (as fictitious as that may be) is essential to maintaining the current narrative, BUT central banks are rapidly losing their credibility (which should have happened simply via deductive reasoning a long time ago) and the strains are showing. Their actions are increasingly wild and extreme (SNB, anyone?), and it’s our view that 2015- 2016 will mark the end of this long run of overly-ambitious central bankers and over-complacent markets.
When credibility in central bank omnipotence snaps, buckle up.
Risk will get re-priced, markets will fall apart, losses will mount, and politicians will seek someone (anyone, dear God, but them) to blame.
The International Criminal Banking System – And The United States – Is Now In The Process Of Collapsing.
Here are the latest, most dramatic signs of it:
I believe what is coming is far bigger than a mere significant economic collapse.
I believe the coming financial collapse will be a worldwide economic collapse, and the institution of a one world government with a one world currency, in the 6-9 months following these events.
Low inflation would not explain the 80 basis point drop in long bond yields since January 1st.
“Flight to safety” would flow either into the very short end of the yield curve or into gold or under the mattress.
With retail sales, auto sales, and home sales all collapsing, the only explanation left is that the Treasury bond market is pricing in a severe economic downturn. This would explain also why high yield bond spreads have widened considerably over the past month. The big drop in oil prices this week would further affirm this.
The Treasury bond market is starting to price in economic Armegeddon.
Marshall Swing joins The Doc & Eric Dubin this week for a MUST LISTEN Metals & Markets.
Our guest this week sees more downside straight ahead before the precious metals position for a rip-roaring rise as the final & greatest economic crash in human history takes place in 2015!
We also discuss:
- NFP: Only Wall Street and MSM could look at today’s lousy employment report and cheer
- Cartel unable to keep silver under $21: Eric sees precious metals resuming an uptrend next week; Marshall Swing sees another major cartel hit soon
- 2015: Marshall expects major financial asset downturn and complete derivatives bubble implosion– Is the coming derivatives collapse prophesied in Revelation?
Marshall makes the case why Gold & silver (paper) will crash, followed by super-spike to unimaginable levels as entire world’s financial wealth simultaneously rushes into Phyzz.
- Jamie Dimon diagnosed with throat cancer– will derivative mastermind Blythe Masters take over for Dimon at The Morgue?
The SD Weekly Metals & Markets With The Doc, Eric Dubin, & Guest Host Marshall Swing is below:
What I see coming in 2015 is the final and greatest economic crash in human history which will devastate all the world economies and brings in a sort of one world government that rules with an iron fist.
The Western public will likely cheer it on because after a few weeks and months of nearly devastating consequences, the world’s economies will be restored to a solid operating basis with hard assets as the underlying “good faith” once again just like various countries throughout history have had and used successfully.
This time however, it will be all the countries of the world who will participate in the new monetary system based on their possession of hard assets. A world wide governing board of “economic kings” will be set up to rule and make decisions for all of us and their decisions will be final for international trade.
Will some countries rebel? Those who have little hard assets will be hard pressed into a slave mentality to those countries with the hard assets AND MILITARY POWER to both back up their dictatorial ways and force the poorer countries of the world to do as they say and also make them believe it is for their own good.
The Greatest Economic Crash & financial system upheaval in human history looms.
Pope Francis warned over the weekend about the possible collapse of the world economy, saying that “our world economic system can’t take it anymore.”
The Pope based his warning on the belief that the world economy has fallen into the sin of idolatry, not of a golden calf, but for dollars, euros and pounds. He explained in an interview to La Vanguardia magazine, that the center of the economy needs to be about man, woman and the family.
Pope Francis warned that the economy was now dependent on war, that great powers have been using war as a means of sustaining the current system.
The Pope’s warning shows the importance of everybody owning a little gold as financial insurance against the collapse of the economic system.
For most of Canada’s existence, it has been regarded as the weak neighbor to the north by most Americans. Well, that has changed dramatically over the past decade or so. Back in the year 2000, middle class Canadians were earning much less than middle class Americans, but since then there has been a dramatic shift. At this point, middle class Canadians are actually earning more than middle class Americans are. The Canadian economy has been booming thanks to a rapidly growing oil industry, and meanwhile the U.S. middle class has been steadily shrinking. If current trends continue, a whole bunch of other countries are going to start passing us too. The era of the “great U.S. middle class” is rapidly coming to a bitter end.
We are now in the 5th year since the “official” end of the Great Recession. Numerous indicators of the state of the U.S. economy point to a non-recovery:
- The participation rate is low and supported by baby boomers working more or coming out of retirement.
- Students (the future labour force) are defaulting on their loans in record amounts.
- Disposable income is still below its pre-recession level.
- An ever increasing share of disposable income is being spent on health care, crippling discretionary spending.
- Higher interest rates are further depressing discretionary spending (home and auto sales).
- All of which is resulting in anemic business and economic activity.
Claims that the U.S. economy is suddenly rebounding have been made before. They are misleading at best and fallacious at worst. It would not be surprising to see further deterioration, which would force central planners to initiate additional unconventional intervention (i.e. Quantitative Easing).
Future Money Trends’ Daniel Ameduri joins Finance & Liberty’s Elijah Johnson to discuss the absolute destruction of the US middle class, and the coming economic collapse that will completely obliterate what is left of the middle class and those unprepared with physical assets.
Ameduri discusses his views on while an economic collapse in the US is inevitable, is it imminent?
If an ice storm can cause this much panic in our major cities, what will a real crisis look like? The biggest news story in the United States right now is the “historic ice storm” that is hammering the South. Travel will be a nightmare, schools and businesses will be closed, and hundreds of thousands of people will lose power. In fact, it is being projected that some people could be without power for up to a week. But at the end of the day, the truth is that this ice storm is just an inconvenience. Yes, the lives of millions of Americans will be disrupted for a few days, but soon the ice will melt and life will be back to normal. Unfortunately, it doesn’t take much for people to start behaving like crazed lunatics.
As you will see below, the winter weather is causing average Americans to ransack grocery stores, fight over food items and even pull guns on one another. If this is how people will behave during a temporary weather emergency, how will they behave if the financial system crashes, stores are empty, and the just in time supply chain is broken indefinitely?
Bankers committing suicide by jumping from the rooftops of their own banks is something that we think of when we think of the Great Depression. Well, it just happened in London, England. A vice president at JPMorgan’s European headquarters in London plunged to his death after jumping from the top of the 33rd floor. He fell more than 500 feet, and it is being reported by an eyewitness that “there was quite a lot of blood“. This comes on the heels of news that a former Deutsche Bank executive was found hanged in his home in London on Sunday. So why is this happening? Yes, the markets have gone down a little bit recently but they certainly have not crashed yet. Could there be more to these deaths than meets the eye?
In this interview with Finance & Liberty’s Elijah Johnson, Greg Hunter discusses:
-Germany’s top financial regulator says that precious metals manipulation is worse than the LIBOR rigging scandal
– The Federal Reserve has NO GOLD
– Those in Washington Know We Are Headed Towards ECONOMIC Crisis
– China buying up economic power from the United States?
– Current crisis is threatening our personal liberties
– Financial collapse will occur within a year, “This is a mathematical calculation that we’re headed for another financial calamity“
On the ground, China and India are both powder kegs awaiting a spark for the same reason: systemic corruption in every nook and cranny of both nations. The conventional rose-colored view is that corruption will inevitably decline with modernization and economic growth.
All this systemic corruption is accepted as long as the conveyor belt of wealth is moving: that the previous political Plutocracy skimmed their $4 trillion and absconded with their ill-gotten gains is OK to their replacements, as long as there is another $6 trillion to be skimmed.
The problem is there isn’t another $6 trillion to be skimmed. It has taken an enormous credit bubble of $23 trillion plus the monumental credit expansion of the shadow banking system in China to enable the skimming of $6 trillion by the political/financial Plutocracy.
This $23 trillion credit bubble is roughly twice the size of China’s entire GDP ($12 trillion). That this credit bubble is generating less return in the real economy is obvious–diminishing returns have set in with a vengeance.
The revolution never starts with the oppressed peasantry–it starts with the bourgeois who bought the fantasy of another $6 trillion to be skimmed and credit bubbles/ real estate valuations that never go down.
The spark that ignites the powder keg cannot be predicted or suppressed.
Developments since January 8 verified the Reality of what we have been claiming for weeks, a Market Moving Truth denied publicly by major governments and much of the Main Stream Media – the fact that the Economy is not recovering.
Massive Climacterics such as Equities and $US and US T-Bond Tops and Gold and Silver bottoming, are developing. Savvy investors should consider putting on long Gold, Silver and Miners positions such as the ones we have recommended.
Those who recognize and take advantage of these Climacterics are likely to substantially Profit.