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The Damage Has Been Done And The Consequences Will Be Suffered: “Have a Healthy Storage of Food, Precious Metals and Necessary Supplies”

The Damage Has Been Done And The Consequences Will Be Suffered: “Have a Healthy Storage of Food, Precious Metals and Necessary Supplies”

While the band plays on and Americans celebrate New Year’s many have no idea what may be in store in 2016. Mainstream financial pundits like to paint a rosy picture of the current economic conditions, suggesting that the government’s green shoots of yesteryear have now turned to full blown money trees, wherein consumers are spending, businesses are selling and everyone has an unlimited flow of cash.

But as noted by analysts at CrushTheStreet.com in their latest video report, “what we have become accustomed to in terms of normal is rapidly coming to an end.”

Indeed, with the Federal Reserve recently having raised interest rates, corporate bond markets starting to crack, and abysmal sales numbers over the holiday season, 2016 could very well spell disaster for financial markets, including government bonds.

So serious is the potential destruction to come that, according to the report, you’d better be ready with an alternate monetary mechanism of exchange such as gold or silver, as well as food and other stockpiles to mitigate supply disruptions and shortages.

Watch Perfect Storm Market Collapse courtesy of Crush The Street:

What we have become accustomed to in terms of normal is rapidly coming to an end… the global monetary experiment is literally bursting at the seams. 

The economy is more dependent now than ever on the circulation of increasing systemic leverage.

The damage has been done and the consequences will be suffered… A loss of faith in the dollar will be a loss of faith in credit… and when perceived value in credit is lost, prices in the bond markets will collapse… Already we are seeing bonds outside of government debt implode.

…click on the above link to read the rest of the article…

2016 Is “Terminal Phase of Most Destructive Ponzi Scheme” in History

2016 Is “Terminal Phase of Most Destructive Ponzi Scheme” in History

Sinking Economy

This article was written by SGT and was first published at SGTreport.com.

Editor’s Comment: Most anyone who follows the economic news already knows that the signs of collapse are all over the wall, but what numbers and statistics on paper can’t convey is the pain that ordinary people are going to feel as a result of the financial decisions being made by central banks, and the actions being taken by indifferent Wall Street players.

The consequences of the 2008 economic collapse have been bad enough, though for the most part they have been subtle and hidden from view. However, the next round may well be bad enough that no one can turn away from the suffering and displacement that more economic chaos will bring. It is obvious enough who has sown the next wave, and even more plain to see who will be paying the price.

2016 Will Be Economically Devastating For Millions of Americans

by SGT Report

As Andy Hoffman from Miles Franklin recently noted there isn’t enough time in a day to cover the runaway train, snowballing avalanche, out-of-control pandemic that is the “terminal phase” of history’s largest, most destructive fiat Ponzi scheme. But we’ll try in this 2015 recap as 2016 comes barreling at us like a freight train Andy says, it will be an economically devastating year for millions of Americans.

Dictators of the Roman and American Empires – The Blue Ribbon Has To Go To Obama

Dictators of the Roman and American Empires – The Blue Ribbon Has To Go To Obama

obama-dictator2obama-dictator

Every group (and especially an empire) needs its good or evil spokesperson, leader, or figurehead to focus upon: the embodiment of the particular group or nation.  The size of the group is irrelevant: there simply must be a leader that exemplifies the characteristics of the group.  History is replete with great leaders, however, benevolence and goodness are not necessarily a leader’s qualities.  For every good leader, it seems there are a plethora of those who are self-serving, power-hungry despots whose aims are either not for the people or (the other end of the spectrum) against the people.

To be sure, these bad leaders are usually good actors: able to dupe the people into believing that they are the ones who are fit to lead.  In this manner, the leader chosen is a reflection of the people and needs only feed upon the wants and desires in the populace and then manipulate those desires to his advantage.  We continue with the last segment but this time in micro perspective: a comparison of the Emperor Nero of Ancient Rome with the “would-be Emperor” and dictator of America, President Barack Husein Obama II.

Behind every evil leader are bad people who are aiding the despot’s rise to power.  The Emperor Nero (born December 15, in the year 37 A.D.) was aided to take the throne by his mother, Agrippina, who proclaimed him worthy of it and enabling it in the year 54 A.D., when he was only 16 years old.  Agrippina had been married to the Emperor Claudius (her third husband), and probably poisoned him.

With Barack Obama, we saw that he was aided and mentored by convicted terrorists of the Weather Underground, Bill Ayers and Bernardine Dohrn.

…click on the above link to read the rest of the article…

Fall Of The American Empire: “They Intend To Collapse the Financial System”

Fall Of The American Empire: “They Intend To Collapse the Financial System”

the-end-of-america

“…for two weeks the mob had been rioting uncontrolled in the streets…The economy of the greatest empire that the world had ever seen was coming apart like an unraveling sweater…the cost of maintaining…gigantic armed forces…was bleeding the nation white and in addition there were the heavy subsidies that had to be paid to the…nations dependent…for support.  The impoverished government had neither the funds nor the power to stop the riots.”

Readers, are we close to such a point?  It happened, for the excerpt above was taken from the book, Those About to Die, by Daniel P. Mannix, written in 1958, and the nation was the Roman Empire.  There are many similarities between the decline and fall of Rome and the decline of the United States of America, standing upon the threshold of its fall.

As you well know, the economy is stretched to its breaking point, and the American Empire has over-extended itself, much in the manner of the now-defunct Roman Empire.  As with Rome, the United States has experienced a severe influx of illegal aliens, encouraging “immigration” by individuals who (most of them) come to the U.S. not to contribute, but to consume, or even worse: to “conquer,” as a fifth-column.  The conquest (especially for illegal aliens crossing the border illegally from Central and South America) is actually seen as such: a “retaking” of Aztlan, alleged land in the U.S. these aliens claim historically as their own, the whole “process” called La Reconquista, or “the re-conquest.”

The Roman Empire had done this, in a manner:

“Throughout its history, [the Roman Empire] had taken in outsiders: a constant stream of individuals looking to make their fortune…supplemented by large-scale migrations.” 

(The Fall of the Roman Empire, by Peter Heather, p. 159)  

“Multiculturalism” as is very evident in Europe (the latest being Norway, paying non-Norwegian individuals up to $9,800 to pack up and leave) is currently tearing the countries of Europe apart.

…click on the above link to read the rest of the article…

Gold Analyst Warns of Leverage: “There Are About 325 Paper Ounces For Every Physical Ounce Backing It”

Gold Analyst Warns of Leverage: “There Are About 325 Paper Ounces For Every Physical Ounce Backing It”

paper-and-real-gold

Back in September Zero Hedgereported that something snapped in the COMEX market and all indicators suggest there was a relentless outflow in registered gold. At that time there were about 202,054 ounces of gold available for delivery. To put that into perspective, Craig Hemke of TF Metals Report points out that just earlier this year there were nearly one million registered ounces available.

What this likely means is that someone, somewhere is requesting that their paper holdings be converted into deliverable physical gold. All the while many a mainstream pundit has declared that gold is nothing but a relic of times past. Yet, despite its purported unpopularity, since the last time the COMEX snapped in September even more registered gold has disappeared.

As of December, notes Hemke in his latest interview with Crush The Street, we’ve hit an all-time low in registered physical metal at the COMEX which has in turn led to a massive amount of leverage.

We’re at an all time low of about 120,000 [ounces of registered holdings].

But yet the total open interest- the amount of paper contracts based upon that declining amount of physical metal – has stayed the same.

Now, there’s about 325 paper ounces for every one physical ounce backing it. In the past that number was always around 10-to-1 or 20-to-1.

It’s another one of these data points that we follow that seems to indicate a global physical tightness.

In the full interview Hemke explains what this means for the gold market, as well as why the leverage in COMEX precious metals is significantly different than stock markets:


(Watch At Youtube)

…click on the above link to read the rest of the article…

Peter Schiff Warns: “The Whole Economy Has Imploded… Collapse Is Coming”

Peter Schiff Warns: “The Whole Economy Has Imploded… Collapse Is Coming”

Back before 2008 Peter Schiff was harshly criticized and laughed at for his predictions about a coming economic collapse. Among other things Schiff warned that consumer spending had hit a wall, stocks were overpriced and lax credit lending practices would lead to a detonation of the banking system. Rather than heed the warnings, the biggest names in mainstream media tried to discredit him for not toeing the official narrative. Shortly thereafter, of course, Schiff was vindicated and much of the doom he had forecast came to pass.

Today, Schiff continues to argue that the economy is on a downhill trajectory and this time there’ll be no stopping it. All of the emergency measures implemented by the government following the Crash of 2008 were merely temporary stop-gaps. The light at the end of the tunnel being touted by officials as recovery, Schiff has famously said, is actually an oncoming train. And if the forecast he laid out in his latest interview is as accurate as those he shared in 2007, then the the train is about to derail.

We’re broke. We’re basically living off of debt. We’ve had a huge transformation of the American economy. Look at all the Americans now on food stamps, on disability, on unemployment. 

The whole economy has imploded… the bottom hasn’t dropped out yet because we’re able to go deeper into debt. But the collapse is coming.


(Watch at Youtube)

Fundamentally, America is worse off now than it was pre-crash. With the national debt rising unabated and money being printed out of thin air without reprieve, it is only a matter of time.

Schiff notes that while government statistics claim Americans are saving again and consumers seem to be spending, the average Joe Sixpack actually has a negative net worth. But most people don’t even realize what’s happening:

…click on the above link to read the rest of the article…

The Yuan Ascends to World Reserve Status: “Dollar System Being Done Away With”

The Yuan Ascends to World Reserve Status: “Dollar System Being Done Away With”

Yuan vs. Dollar

Today’s news is a historic milestone. The dollar’s days are numbered, and the new global economic order is shifting into place.

As many insiders have expected, China has now officially gained status among the world reserve currencies, taking place alongside the dollar, the euro, the pound and the yen.

The IMF decided to grant this upgrade as a result of financial and monetary benchmarks that Chinese leaders worked towards during the past several years. Its implications run deep.

Via Reuters:

The International Monetary Fund on Monday, as expected, admitted China’s yuan into its benchmark currency basket in a victory for Beijing’s campaign for recognition as a global economic power.

The IMF executive board’s decision to add the yuan, also known as the renminbi, to the Special Drawing Rights (SDR) basket alongside the dollar, euro, pound sterling and yen, is an important milestone in China’s integration into the global financial system and a nod to the progress it has made with reforms.

IMF chief Christine Lagarde, who along with in-house experts has previously backed the move, made it clear she did not expect Beijing to stop there.

“The yuan’s inclusion is a largely symbolic move, with few immediate implications for financial markets. But it is the first time an additional currency has been added to the SDR basket and the biggest change in its composition in 35 years.

Below is IMF chief Christine Legarde’s statement on the new benchmark of global currency, and what will inevitably be a resettling for the people affected by it – not least the American people who could see a significant decline in their living standard after an era of economic supremacy that the United States has enjoyed since the end of WWII:

…click on the above link to read the rest of the article…

New Ebola Cases Surface in “Ebola Free” Liberia: “The Threat Remains”

New Ebola Cases Surface in “Ebola Free” Liberia: “The Threat Remains”

ebola-suit

The threat from ebola remains quite real, and there is legitimate concern over whether or not the world’s health experts are really capable of containing it.

The West African nation of Liberia has once again been reminded that it must remain vigilant and mindful of the terrible power that ebola has in its capacity to transform into a deadly epidemic.

Just months after being declared ebola free – twice now – the country has again been plagued by new cases.

Authorities aren’t sure how the recent outbreak of ebola happened, but know that it could once again be spreading. Live Science reports:

The death of a 15-year-old boy from Ebola in Liberia — a country that has been declared free of the disease twice — raises the question of why cases are still popping up in the country, experts say.

The teenager, who died Tuesday (Nov. 24), tested positive for the disease last week. His brother and father are also infected, and more than 150 people with whom the boy may have come into contact are now being monitored, according to Reuters. 

“This is concerning and somewhat surprising,” said Dr. Amesh Adalja, an infectious-disease specialist and a senior associate at the University of Pittsburgh Medical Center’s Center for Health Security.

Among other factors, health workers learned during the most recent outbreaks that the virus for ebola can turn up in sperm long after the ordinary incubation period and/or recovery, and can be spread through sexual contact – even six months later:

Ebola could be sexually transmitted as much as six months or more after a patient has fully recovered from the disease, the World Health Organization (WHO) and U.S. Centers for Disease Control (CDC) have now warned based on recent findings. Until further notice, the agencies said, Ebola survivors should make sure they use safer sex practices, such as those effective at protecting against the transmission of HIV.

…click on the above link to read the rest of the article…

Drudge Sends the Biggest Secret Viral: “America Has Been Arming ISIS”

Drudge Sends the Biggest Secret Viral: “America Has Been Arming ISIS”

ISIS-drudge-tweet

The biggest open secret in the world has just been tweeted by the world’s biggest news aggregator.

Matt Drudge drives so much web traffic that he basically has his own gravity, and now the often-reclusive figure has sent out a message that should be a wake-up call for those who have been broadcasting news about the threat that ISIS poses.

Following their mass murder spree in Paris, the terrorist group is supposedly planning attacking inside America, all while taking supposedly also taking on the biggest military powers in the world during their protracted struggle for an Islamic State caliphate inside Syria and Iraq.

What would the world do if it realized the truth – that ISIS is the creation of Western forces, and that the United States has in fact been arming and supporting their own worst enemy?:

This bombshell tweet echoes numerous reports from inside the alternative media pointing out the sick truth behind the shocking resurgence of terrorism.

Barry Donegan of Truth in Media wrote:

Influential conservative news aggregator Matt Drudge issued a tweet on Tuesday acknowledging the growing body of evidence that suggests that the U.S. has participated in arming the terror group ISIS.

Drudge’s realization follows nearly two years of Truth in Media coverage of how U.S. foreign policy is enabling terrorism in Syria and Iraq and has led to the rise of ISIS.

In September of 2013, Ben Swann reported on how U.S. efforts to arm radical Islamist rebel groups against secular Syrian dictator Bashar al-Assad were empowering extremists who were planning to create what he described at the time as an “al-Qaeda ‘super state,’ comprised of Iraq and Syria.”

…click on the above link to read the rest of the article…

Sprott Unleashed: “Everything is a Lie… They’ve Got To Pretend There Is An Economic Recovery Happening”

Sprott Unleashed: “Everything is a Lie… They’ve Got To Pretend There Is An Economic Recovery Happening”

If the government’s official statistics are to be believed the U.S. economy is moving full steam ahead. Consumers are spending, the job market is expanding, real estate has recovered, stocks are soaring and the U.S. dollar is stronger than it has been in a decade.

But if you have yet to realize it, it’s all a lie. So says billionaire investor Eric Sprott of Sprott Global, which manages hundreds of millions of dollars in contrarian investment funds for clients all over the world. Well known for his long-term bullishness on the resource sector, specifically precious metals, Sprott joined First Mining Financechairman Keith Neumeyer in a must-see interview where the pair discuss everything from the state of the global economy and trade to gold market manipulation and the inevitable breakdown of highly leveraged paper trading exchanges.

Neumeyer recently sent a very public letter to the Commodity Futures Trading Commission highlighting rampant price suppression, noting that neither real producers or real consumers are being represented by the manipulative practices of a small concentration of players. Echoing those concerns Sprott suggests that for every 5 tons of real gold there are some 1500 tons worth of claims. The inevitable outcome should claimants ever want to take delivery of physical inventory will be an unprecedented explosion in price:

To be brutally honest, I mean, that’s what I dream of… I think we’re almost at that point where we might very well have a shortage of gold and silver by a product of this last raid here, so much so that we’ll take those 5 tons from the COMEX because we have lots of people buying silver and gold.


(Watch at Youtube)

…click on the above link to read the rest of the article…

Oil May Plunge to $20, Signalling Economic Disaster: “The Numbers Are Dreadful And Unprecedented”

Oil May Plunge to $20, Signalling Economic Disaster: “The Numbers Are Dreadful And Unprecedented”

oil-sinking

The price of oil has long been a key indicator of economic health and stability. And that index is tanking fast.

In the last few years, dramatic overproduction of oil has become a major tool of geopolitical conflict.

As prices have plummeted from $110/barrel to $40, Americans have tapped huge sources of fracking and flooded the market; OPEC and the Saudis have continued pumping despite dropping prices; Russia, dependent upon oil for its economy, has been under siege via sanctions and bottom-level prices; ISIS and other terror organizations are undercutting everyone with illegal oil sales and China remains large in the whole affair.

Proxy wars and threats and rumors of world war have accompanied bitter economic warfare over currencies and energy. Now, oil is at a record level of glut, and nearly every storage facility in the world is filled past capacity.

The London Telegraph reports:

The world is running out of storage facilities for surging supplies of oil and may soon exhaust tanker space offshore, raising the chances of a violent plunge in crude prices over coming weeks, experts have warned.

Goldman Sachs told clients that the increasing glut of oil on the global market […] could send prices plummeting to $20 a barrel, the so-called ‘cash cost’ that forces drillers to abandon production. “Risks of a sharp leg lower remain elevated,” it said.

[…]

It is estimated that at least 100m barrels are now being stored on tankers offshore, waiting for better prices. A queue of 39 vessels carrying 28m barrels is laid up outside the Texas port of Galveston, while the Iranians have a further 30m barrels offshore ready to sell as soon as sanctions are lifted.

…click on the above link to read the rest of the article…

Post-Paris American Police State Once Again In Vogue: “We Can Crush ISIS Enclave Of Terror”

Post-Paris American Police State Once Again In Vogue: “We Can Crush ISIS Enclave Of Terror”

It seems that the only response to terrorism is more surveillance, security, police presence and, of course, war.

Ignoring the lessons of blowback and escalation that have played out for many years now, the major powers of the world are broadcasting fears and preparing to clamp down on society in response to renewed threats from ISIS and other terror organizations.

None of it will stop potential attacks from happening, but it will firmly entrench the authority of police and other officials to suspect anyone and sidestep the law when a threat is felt.

Take a look at how terror and fear have gripped headlines and taken over the news cycle, and ask yourself who benefits from this:

post-paris-police-state.13-PM

Although officials have admittedly not stopped any attacks from happening, the system is self-assured in its show of force – with SWAT-style police forces clad in all black hunting down suspects and locking down streets in Paris, Belgium and other parts of Europe.

The Daily Mail highlighted some of the most recent threats, along with just one of the several suspicious persons found at or near major security concerns, including the Pentagon, and in a separate case, the LAX airport:

Washington D.C residents were left on edge after an internal police alert about four Middle Eastern-looking men ‘acting suspiciously’ in the Pentagon metro station was leaked just two days after ISIS announced the capital was their next target.

[…]

On Monday, a chilling video emerged of ISIS warning that countries taking part in air strikes against Syria will suffer the same fate as Paris.

They also said they would hit the U.S capital next. 

The specific threat against the US capital emerged as CIA director John Brennan warned that more atrocities will be committed against the West by the Islamist terror group.

…click on the above link to read the rest of the article…

GridExIII Drill Coincides with American Terror Threat: “ISIS Cells Could Attack Our Power Grid”

GridExIII Drill Coincides with American Terror Threat: “ISIS Cells Could Attack Our Power Grid”

grid-attack-2

The threat of an ISIS attack on U.S. soil has become a tangible possibility and a perhaps an inevitable one, with the Paris attacks demonstrating how easily terrorists can infiltrate Western nations and target public areas.

The political chaos that is enveloping the globe with the demise of the dollar and the eruption of war in Syria and other locales makes this nation ripe for another catastrophic event – perhaps to manufacture support for military strikes or more venues of war in the Middle East.

With that in mind, the United States and North American Energy Reliance Corporation has launched two days of high level national security exercises for today, November 18, and November 19. Known as GridEx III, simulations will engage top energy executives and senior government officials, including those in Homeland Security, in scenarios for an attack on the power grid.

According to the GridEx III fact sheet, the multi-level exercise is:

“An opportunity for utilities to demonstrate how they would respond to simulated coordinated cyber and physical security threats and incidents” (source)

“NERC’s grid security exercise (GridEx III) is designed for electric utilities to exercise their response to simulated coordinated cyber and physical security threats and incidents… GridEx III will help participants strengthen their capability to respond to and recover from severe events affecting the reliable operation of North America’s bulk power system…”

“NERC is also coordinating a separate tabletop discussion for industry executives and senior government officials.

GridEx III provides an opportunity for utilities to exercise their physical security and cybersecurity procedures in a learning environment… The exercise is focused on security and operational response.” (source)

…click on the above link to read the rest of the article…

Financial Trend Analyst Warns: “This Suicide Move Will Implode The Whole Thing”

Financial Trend Analyst Warns: “This Suicide Move Will Implode The Whole Thing”

implosionJob losses across America continue to mount, housing is topping and recent reports from some of the nation’s leading retailers show that there has been no real, sustainable recovery since the crash of 2008. This, according to trend analyst Daniel Ameduri of Future Money Trends, is why nothing the Federal Reserve does with interest rates in December will make any difference for our overall long-term prospects.

But, as Ameduri notes in a recent interview with Kerry Lutz of the Financial Survival Network, there is one particular move that would amount to nothing short of economic suicide and a rapid destabilization of the system:

I just don’t see rates going up (meaningfully) until way into the 2020’s or even the 2030’s. The biggest thing to point out to people who think that rates are going up is because that is a suicide move.

Watch the full video to learn more about the shadow statistics the government refuses to share, what to expect as these trends come to pass and how to prepare for an unprecedented financial collapse:


(Watch at Youtube)

With interest rates so low and almost into negative territory (wherein you’ll actually have to pay your bank to allow you to deposit money) any upward adjustment by the Federal Reserve will have immediate and widespread consequences.

You raise these rates just a few percentage points and all of a sudden you’re paying $600-$700 billion in interest. The important thing to point out the U.S. government generates just $2.3 trillion dollars in revenue. And if your debt interest is $700 billion, maybe even a trillion dollars in interest,that’s when the whole thing implodes.

Consider what would happen to any U.S. household that saw its monthly debt payments jump from 15% of their monthly income to 30% or more.

The financial collapse would be nearly instant.

This is exactly what we can expect should the Federal Reserve raise interest rates.

 

The Grand Finale: “World War III Will Be A Fight Over Basic Human Needs – Food and Other Commodities”

The Grand Finale: “World War III Will Be A Fight Over Basic Human Needs – Food and Other Commodities”

resource-wars-2

As political tensions heat up it is becoming clear that the world’s super powers are vying for control of resources like oil, water, metals and food. And though developed nations have thus far avoided any significant clashes with each other, the proxy wars being waged in the middle east and Europe are a slow burning fuse that will soon lead to widespread military confrontation.

Throughout human history one key factor has been behind every major war: a battle for resources. As the following documentary from Future Money Trends warns, this time will be no different:

“The Pentagon told Fortune Magazine that World War III will be a fight over basic human needs – food and other commodities.”


(Watch this video at Youtube)

Natural resource wars are brewing and becoming an increasing threat, and may be the grand finale to an already intensified currency war among the world’s top economies.

Most wars in human history are a fight over natural resources.

… Credit is ever expanding, but the resources we pull out of the ground are finite.

The culmination of economic, financial and monetary crisis will be a grand finale unlikely any seen in the history of the world. War is coming. The time to prepare is now.

Olduvai IV: Courage
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Olduvai II: Exodus
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