Feds succeed in destroying entire business of Amish raw milk farmer

(NaturalNews) It is with much sadness that we report the two-year war waged by the U.S. Food and Drug Administration (FDA) against Pennsylvania Amish farmer Dan Allgyer has been a success. The Washington Times and others are now reporting that, following a ruling last month by Judge Lawrence F. Stengel that Allgyer could no longer ship raw milk across state lines, he is officially shutting down his entire Rainbow Acres Farm.

Provoking Allgyer to shut down his farm appears to have been the goal of the FDA all along, which back on February 4, 2010, conducted a gestapo-style raid on Allgyer's Kinzers, Penn., property to search for evidence that he was shipping raw milk across state lines. After illegally trespassing on the man's property, the agents proceeded to harass Allgyer about his supposed involvement in interstate commerce (http://foodfreedom.wordpress.com).

Just a few months later on April 20, 2010, the FDA again sent its Nazi-sympathizing thugs back to Rainbow Acres Farm, this time at 4:30 a.m. while Allgyer was still asleep, to conduct another raid. Violating the provisions of their so-called warrant, which specified that any inspection must be conducted during "reasonable times during ordinary business hours," the agents proceeded to once again ransack the farm in search of evidence to back their claims that Allgyer was engaged in illegal interstate commerce (http://www.naturalnews.com/029322_raw_milk_Amish.html).

Following this second sting, the FDA claims to have discovered the evidence it needed, and immediately sent Allgyer a warning letter notifying him that he was in violation of interstate commerce laws, according to their view (http://www.farmtoconsumer.org/aa/aa-26april2010.htm). The agency also filed a civil complaint against Allgyer around the same time.

With hundreds of happy and satisfied out-of-state customers that relied on him for fresh supplies of raw milk, Allgyer attempted to satisfy the FDA's demands by restructuring his farm's distribution process into private cow share agreements with customers. Such agreements allow individuals to directly purchase shares in the cows from which they get milk, which means they personally own them, and they are not subject to FDA jurisdiction.

Rogue judge essentially declares FDA has jurisdiction over private property use, in this case cows

But on February 3, 2012, Judge Stengel decided that Allgyer was still in violation of interstate commerce laws, even with the restructured cow sharing arrangements, and ordered him to stop distributing raw milk altogether. Private cow share agreements do not constitute interstate commerce, of course, but Judge Stengel apparently pays no regard to individual liberty, having declared that the FDA basically now has jurisdiction over private property use.

Likely worn down from the perpetual and never-ending harassment, Allgyer appears to have decided to simply give up trying to fight this unprecedented tyranny, and simply shut down his farm. Hundreds of families that relied on Allgyer for fresh milk, butter, cheese, eggs, and other nutritious goods will now have to find a new source for clean food, at least until the FDA shuts them down, too.

"I can't believe in 2012 the federal government is raiding Amish farmers at gunpoint all over a basic human right to eat natural food," said one of the farm's former customers, who wished to remain anonymous, to The Washington Times. "In Maryland, they force taxpayers to pay for abortions, but God forbid we want the same milk our grandparents drank."

Learn more: http://www.naturalnews.com/035000_Amish_farmers_raw_milk_feds.html#ixzz1mwvQsxtY

Cascading risk and economic headwinds

5 charts examining the coming financial challenges for the American economy. Inflation is much higher than you would expect but Federal Reserve orchestrating greatest banking bailout in history.

 

The American economy appears on the rugged surface to be stabilizing but only if you fail to look under the hood.  Today, we have a record 46,000,000 Americans on food stamps.  Many of these people were once moving into the middle class but were launched off the economic treadmill.  The banking syndicate that caused the greatest financial crisis since the Great Depression has largely blocked any substantive financial reform.  So all the risks that led to the crash are not only pervasive in the system but are now much larger since governments are largely backing these giant irresponsible bets.  The data for the typical American shows a gloomy economy largely disconnected from the news pushed out by Wall Street investment banks.  Today we examine five charts and the implication they contain for the future of the American economy.

Chart 1 – Housing starts and permits

We first start with the collapse in the housing market.  This is a giant part of the economy because residential housing has always been a key player in any economic recovery.  Housing starts have collapsed to levels last seen in the Great Depression.  The chart above is instrumental to understanding the massive lag that housing will have on the economy.
For example, at one point housing starts were running over 2,000,000+ homes per year.  This incredible pace is now down to 500,000 and is slightly picking up.  This is a key indicator to look at since builders are on the ground and have a better sense of demand.  With many baby boomers downsizing and more foreclosures coming online, there is little reason to assume a major burst in residential building activity is in the cards for the short-term.  As a matter of fact the odds are this may move lower in the next couple of years.
Chart 2 – Home prices continue to move lower

More on the housing front, most Americans carry most of their net worth in real estate equity.  Well when home prices are down by over 33 percent from the peak you begin to understand that the vast majority of American households have seen their largest asset class crash.  Over $7 trillion dollars in perceived housing wealth is now gone.  The above chart is important because it highlights the reality that those in the home buying market are there but are willing to pay only a lower price.  Do you think that the average per capita income of $25,000 a year has something to do with this as well?
When you look at charts like the above you realize that we are witnessing a lost decade in our housing market.  The odds of having two lost decades are very strong.  Why?  Typically housing values went up with household incomes.  Where are we seeing wages increase?  To the contrary global economic pressures are pushing wages even lower.  Without sustained household income growth there is little reason to believe real estate values will move up.  This also goes with the first chart since builders want to maximize their return and to compete with current foreclosures at much lower prices is still not worth their time.  Otherwise, we would see home builder permit activity blast off.
Chart 3 – Inflation is picking up outside of housing

Inflation excluding housing has picked up some significant speed.  Since the lows of the recession inflation is running at roughly 4 percent excluding housing.  Since household wages are stagnant this mean Americans are becoming poorer simply by the momentum of inflation.  Each dollar you get is purchasing much less.  This must come as no surprise.   Just go to your local grocery and see if prices are falling.  Try taking a look at the tuition for colleges and see if prices are lower.  Things are getting more expensive because actions taken by the Fed to aid their banking colleagues are simply devaluing the dollar.  This is the hidden cost of the Fed and banking bailouts that rarely hit the media.  They just assume inflation is a natural part of any economic system.
Think cheap energy is still cheap?  Oil is sometimes viewed as a proxy for US dollar health and currently we are seeing a surge in this part of the economy.
Chart 4 – Oil prices surge

Cheap energy is still a large mover in our economy and the fact that many automakers had good years played on the momentum of cheap energy that hit once the bubble burst in 2009.  Look at the chart above.  The cost to fill up your car is now over $4 a gallon in many places but this is only the direct link.  This rise in fuel costs will be seen in many items like:

-Passed on costs for food transport
-Airline travel
-Products that use oil as an ingredient

This is a massive part of our economy.  Only 30 years ago the US imported roughly 28 percent of the oil we use.  Today it is approximately 60 percent.  Think this won’t have an impact on the economy especially when you combine it with the weak housing market and pressure on lower wages?
Chart 5 – The working America

The civilian-participation ratio continues to hike lower.  You have an older population with many baby boomers retiring impacting this figure.  You also have many that have fallen into the dark shadows like many of those on food assistance.  You have many going back to school or staying in school buy many are being lured in by paper mill jungles of for-profit colleges.  The fact that this figure continues to move lower on the surface improves the unemployment rate.  After all, if you don’t count yourself as looking for work then how can you be unemployed?
Here is some interesting math to consider:

“(OfTwoMinds) The official unemployment rate was 10% in October 2009, when about 140 million people were found to have some sort of job, and now that the same number of people have been found to have some sort of job (140 million), the unemployment rate is now only 8.3%, even though the nation has added roughly 6 million residents to the workforce.
Huh? How can 140 million jobs generate an unemployment rate of 10% in 2009 and 8.3% in 2012 while the workforce and population have grown by 6 million? If anything, the unemployment rate should be higher, since the number of people with jobs has held steady while the number of people without jobs has expanded.”

As usual with media reporting and projections from the financial sector it is wise for you to use your own judgment.  If you look under the hood of the economy, things remain precariously weak for most Americans while financial sector profits soar.  Not bad when you have the Fed funneling trillions of dollars in bailouts for massively bad bets that go unchecked.

88 million out of work and not looking for a job

Number of the day

88 million
That's how many working-age Americans don't have a job and aren't trying to find one. The increase in people dropping out of the labor market altogether skews the otherwise-positive unemployment numbers released last week. While the jobless rate fell to 8.3 percent in January - a three-year low - it doesn't account for this army of nonworking Americans. The percentage of people participating in the labor market dropped to 63.7 percent last month, the lowest level since May 1983.

Hear here

"I don't know whether dictatorship is the right word, but it more or less defies every vestige of shareholder democracy known to man."
Larry Haverty, a portfolio manager at Gamco Investors, on Facebook's corporate-governance structure. CEO Mark Zuckerberg controls 56.9 percent of voting power at Facebook, and he has the right to appoint his own successor - a "disquieting factor," Haverty says. "I don't think it's how business should be run." Corporate-governance experts and the California State Teachers' Retirement System also have raised concerns about the social-networking company's policies.

Heads up

LinkedIn releases fourth-quarter financial results today, and the professional-networking website is expected to post a net loss of about $779,000, less than in the previous quarter. Sales may rise to $159.8 million. This is only the third time the Mountain View company has reported results since going public in May. The stock has been a roller-coaster ride for investors, though it's still way up from its initial public offering price of $45.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/02/08/BUIQ1N3RH8.DTL#ixzz1mwtnJ0Ui

Credit Easing Policy Tools

Show dates from: / to: /       [reset dates]

Summary View

The Federal Reserve has introduced a number of new tools for conducting monetary policy and dealing with the financial crisis. These tools have become more important with the federal funds rate close to zero. Chairman Ben Bernanke divides the tools into three groups:

• Lending to financial institutions
• Providing liquidity to key credit markets
• Purchasing longer-term securities

The new tools make use of the Fed's balance sheet, particularly the asset side, and involve ways of extending credit and purchasing securities. These actions can change both the absolute level of the balance sheet as well as the types of assets it contains. Bernanke has called the use of the balance sheet in this way "credit easing."
The charts on this site let you see the assets of the balance sheet in a number of ways. Explore them by using the navigation bar on the left.
This page shows the balance sheet with the individual tools grouped into the three types of new credit-easing tools, plus the base of traditional Fed assets.
For an overview of the new tools, see this article.

Evacuation warning to Britons in Greece as country prepares to sign off yet another rescue package

Britons in Greece were warned yesterday they may have to be evacuated.
It comes as eurozone ministers prepare to sign off another £108billion rescue package for the crippled economy.
Foreign Secretary William Hague revealed Britons were being urged to register with the consulate as officials are updating plans to evacuate citizens ‘on a daily basis’ in case Greece goes under.
There has been widespread civil unrest in the country as the prospect of it defaulting on its loans and exiting the euro has grown.
Last night 3,000 protesters clashed with riot police in Athens as Greek prime minister Lucas Papademos flew to Brussels for last-minute preparations to seal the bailout deal.
As demonstrators poured into he capital's central Syntagma square riot police shielded the national assembly.
Economists do not expect the new package to resolve Greece's economic problems which could take up to a decade to tackle.
French finance minister Francois Baroin told Europe-1 radio that Europe's leaders were committed to agreeing a new bailout package.
'We now have all the elements of a deal - elements of a participation that remains voluntary for banks and private lenders, and for public lenders states, central banks,' he said.

Britons in Greece were warned yesterday they may have to be evacuated.
It comes as eurozone ministers prepare to sign off another £108billion rescue package for the crippled economy.
Foreign Secretary William Hague revealed Britons were being urged to register with the consulate as officials are updating plans to evacuate citizens ‘on a daily basis’ in case Greece goes under.
There has been widespread civil unrest in the country as the prospect of it defaulting on its loans and exiting the euro has grown.
Last night 3,000 protesters clashed with riot police in Athens as Greek prime minister Lucas Papademos flew to Brussels for last-minute preparations to seal the bailout deal.
As demonstrators poured into he capital's central Syntagma square riot police shielded the national assembly.
Economists do not expect the new package to resolve Greece's economic problems which could take up to a decade to tackle.
French finance minister Francois Baroin told Europe-1 radio that Europe's leaders were committed to agreeing a new bailout package.
'We now have all the elements of a deal - elements of a participation that remains voluntary for banks and private lenders, and for public lenders states, central banks,' he said.

'We hope we and the Eurogroup members can take into account all the Greek government has been done for several weeks - even several months,' he said.

Protests: A petrol bomb explodes near riot police officers in Athens last night during fresh protests over austerity measures in Athens

Riots: Protesters are clashing with police on a daily basis now as authorities try to keep a lid on public fury over crippling austerity initiatives

The Greek government has already pushed a massive austerity and reform package though parliament and is expected to introduce two more pieces of emergency legislation, including wage and pension cuts today.
Mr Hague said the bailout was a matter for Greece and the eurozone, but the UK wanted ‘an end to the uncertainty’.
He added: ‘We have prepared contingency plans if we need to help British nationals who are there in any way. We keep those up to date on a daily basis.’ 
Fellow Foreign Office minister Alistair Burt called on Britons in Greece to ‘register with a consular system so we can find them in situations of emergency’.
He added: ‘No UK national who is there at the moment is unaware of what’s happening, so we’ve got systems in place... should the worst happen.’

Austerity anger: A protester attacks police during a demonstration in Athens' main Syntagma square last night as the Greek parliament prepares to vote on cuts needed before a £108bn EU bailout

As the final details of the package are put in place senior eurozone and European Central Bank officials held a conference call yesterday to discuss the £108bn bailout programme.    

While there is still scepticism in Germany and other countries that Greece will be able to live up to its commitments - including implementing €3.3 billion euros of spending cuts and tax increases - officials said the deal is close to being signed off.
But the prospect of further disturbances in Greece loomed again when Germany was accused of seeking to undermine democracy in Athens.
Eurozone finance chiefs will consider a German proposal to ban the Greeks from receiving cash unless they delay their general election due in April.
German finance minister Wolfgang Schäuble wants to keep a technocratic Greek government in place to ensure austerity measures are taken.

Storm: Riot police spray tear gas during the demonstration involving 3,000 people in Syntagma Square last night - a week after a much larger protest

Fury: Protesters outside the Greek Parliament campaign against plans by Lucas Papademos' government to save more than 3.3billion euros by cutting benefits and the minimum wage

Under the plan, officials from the European Commission, the European Central Bank and the International Monetary Fund will establish a permanent office in Athens to exercise day-to-day control of spending.
But Eurosceptics condemned the plans.
Tory MP Peter Bone said: ‘Greece is the birthplace of democracy and they fought valiantly against aggression during the Second World War to stop losing their identity.
‘What they’re being asked to do is sacrifice their sovereignty to stop them from going bust. It’s a recipe for utter disaster.
‘Good money is being poured after bad. They need to come out of the euro, devalue their currency and default on their debts. That’s the only future for Greece if they want to be a proud independent nation again.’
Mark Pritchard, secretary of the Tory backbench 1922 Committee, said: ‘If true, this is a dangerous precedent which should be resisted at all costs.
‘Unless people have a stake in the future of their countries, they will be less likely to accept the remedies required.’
The Greek Minister for International Economic Affairs, Constantine Papadopoulos, denied that Greece has any contingency plan for a default.
He said: ‘No, because that would destroy the economy. You don’t factor in options that will kill off any hope for redemption.
‘Now we have to work within a very strict plan in the hope of returning back to growth and becoming a full-fledged member of the eurozone again. Not exit the eurozone.’
Under one crucial element of the new bailout deal, Greece will have around €100 billion of debt written off via a restructuring involving private-sector holders of Greek government bonds.
The overall objective is to reduce Greece's debts from 160 per cent of GDP to around 120 per cent by 2020 to put their debt on a more sustainable footing.
VIDEO: Civil unrest was evident in Athens over the weekend           

 

Read more: http://www.dailymail.co.uk/news/article-2103578/Greek-bailout-Evacuation-warning-Britons-Greece-prepares-sign-rescue-package.html#ixzz1mwfFVmuq

Iceland Flips The Bird At IMF, BIS And World Bank: Vindicates Sovereign Currencies And NATIONAL Central Banks - Congratulations!

Econobabble:

"Fitch has upgraded the country to investment grade BBB – with stable outlook, expecting government debt to peak at 100pc of GDP.

"The OECD's latest forecast said growth will be 2.4pc this year, after 2.9pc in 2011.
"Unemployment will fall from 7pc last year to 6.1pc this year and then 5.3pc in 2013.
"The current account deficit was 11.2pc in 2010. It will shrink to 3.4pc this year, and will be almost disappear next year.
"The strategy of devaluation behind capital controls has rescued the economy. (Yes, I know there is a dispute about exchange controls, but that is a detail.) The country has held its Nordic welfare together and preserved social cohesion. It is slowly prospering again, though private debt weighs heavy.
"Nobody is forcing the elected government out of office or appointing technocrats as prime minister. The Althingi sits untrammelled in its island glory, the oldest parliament in the world (930 AD).
"The outcome is a vindication of sovereign currencies and national central banks able to respond to shocks."

Translation:

Iceland has changed from an externally controlled, interest-bearing money supply to an internally controlled, interest-free money supply. Its total GDP is now what it owes itself, with excesses due to devaluation & current deficits paid back by next year.
"The contrast with the unemployment catastrophe and debt-deflation spirals across Europe's arc of depression is by now crystal clear. Those EMU shroud-wavers who persist in arguing that exit from the Europe would be suicidal will have to start coming up with a better argument."
Bottom Line:
Iceland's books balance. The nation is virtually debt-free. There are no longer any destroyers siphoning off its wealth. Its people are going back to work toward general prosperity.
There is no blood in the streets.

Editor's Comment:

So t's crystal clear that Iceland will join the EU and the euro, right?
Not even Lloyd's would bet on it!

$6 Trillion in Allegedly Fake U.S. Bonds Hidden in Federal Reserve Mother Box Seized

Several news outlets are reporting that Italian prosecutors claimed to have seized a record $6 trillion in allegedly fake U.S. Treasury bonds from 1934 with a nominal value of $1 billion each.
The bonds were reportedly hidden in makeshift compartments of three safety deposit boxes in Zurich according to an emailed statement from Potenza-based Italian prosecutors.
Eight people were reportedly arrested due to the inquiry, which was codenamed “Operation Vulcanica” and the American embassy in Rome has already examined the bonds although embassy officials have yet to comment.
It gets really strange when we find out that, “The individuals involved were planning to buy plutonium from Nigerian sources, according to phone conversations monitored by the police.”
Even more strange is that the bonds were reportedly held in crates marked as property of the Chicago Federal Reserve System, in fact the picture of the crate released by the BBC reveals that the boxes were Treaty of Versailles Mother Boxes.
If these bonds were indeed forgeries, it implies that the box itself might be fake as well, which raises the question: why would counterfeiters go through the effort of not only faking $6 trillion in $1 billion bonds but also go through the effort of creating a fake Treaty of Versailles Mother Box?
When I try to imagine the mindset of a thief, I cannot bring myself to understand why I would counterfeit two things instead of just one, thus doubling my chances of the forgeries being detected.
Furthermore, why hide the bonds in makeshift compartments within the Mother Box? It all just makes so little sense I’m not sure what to think at this point.
I am sure conspiracy theories will abound surrounding this incident and there is a chance that some of them may be right on the money (no pun intended), just as the so-called conspiracy theorists were proven right in the case of government collusion with Goldman Sachs.
This story seems to have some similarities to a 2009 incident in which two Japanese individuals were reportedly arrested while trying to smuggle some $134 billion in U.S. bonds into Switzerland from Italy. It later emerged that these were allegedly fake bearer bonds as well.


However, this case is obviously much more noteworthy given that it is a whopping $6 trillion in bonds and the sellers were allegedly involved in planning to buy plutonium with the money they made, not to mention the angle of the Mother Boxes involved in the smuggling attempt.
The Italian prosecutors in Potenza discovered more financial fraud including two checks issued via HSBC Holdings Plc in London for around $325,000, which were not backed by sufficient funds.
Unsurprisingly Patrick Humphris, the HSBC spokesman, refused to comment on the matter when contacted via telephone, according to Bloomberg.
Also part of the investigation, some $2 billion in additional fake bonds were allegedly seized in Rome, although it is unclear if these are the same bonds and if so why they would leave two in Rome.
According to the prosecutors’ statement, the fraud posed “severe threats” to international financial stability, although it is unclear how exactly this is the case other than the fact that the $6 trillion in allegedly fake bonds makes up nearly half of the United States’ public debt.
Italy has a history of fraudulent U.S. securities being discovered. Indeed there were no less than three cases in 2009 alone.
In August of 2009, Italian police seized numerous fake U.S. Treasury bonds with a face value of $116 billion and in June of that year $134 billion in similar securities were discovered by law enforcement as well.
The United States Secret Service reports an average of about 100 cases per year relating to forged bonds and other fraudulent financial instruments, although I doubt they deal with $6 trillion in bonds to be used to buy plutonium very often.
The details on this case are quite sparse at this point but it is shaping up to be a quite interesting incident indeed.
Who were these individuals? Why were they trying to buy plutonium? How would $6 trillion in fake bonds threaten the entire financial system?
All of these questions and more remain to be answered and we will attempt to keep you up to date as this case unfolds.

War With Iran By George Galloway (Must Watch)

'If Israel bombs Iran, Arab states will support Tehran'

Is the US covertly propping up Europe's banks?

http://j-tv.me/zLCygj

Activists want British company which experiments on babies to leave Arge...

Report: Insider Documents Detail a March 23 Greek Default Plan; Gov to Freeze Bank Accounts, Eliminate Euro, Restrict Capital Flow

That a default in Europe is coming has never been the question. For the astute observer the only thing at issue is how and when it will happen.  While the mainstream financial media and government officials have tried to spin this story as one that involves only Greek debt, the fact of the matter is that this isn’t isolated to a single country. Italy, Portugal, Ireland and most other European countries are in exactly the same boat.
Despite all of the propaganda and machinations from leading financial powers like the United States, Germany, and France, it’s should be clear that there is no viable solution to the debt debacle facing Europe. As such, we should understand that a situation similar to what led to the Great Depression of the 1930′s is now unfolding once again. The ability of entire nations to pay off their debt is now in question, and given the sheer size of the numbers we’re talking about, any reasonable person could agree that there is simply no plausible resolution that will make all parties whole again.
This has been playing out in Greece for nearly three years, and we may very well be just weeks away from the dreaded moment when it finally becomes official. An exclusive report detailing internal bank documents from two major Wall Street players says that we may have much less time than we think as insiders prepare for a financial doomsday next month:

Via The Slog:
A written document giving firm dates and detailed actions for a planned Greek default has been in the possession of two top Wall Street bank currency trading bosses since the second week in January. The Slog has separate but corroborative sources affirming the existence of the document, and a conviction among senior bank staff that – at least at the time – the plan represented “a timetable, not a contingency”. The plan gives a firm date of March 23rd for default to be announced after the close of business.
Senior bankers on Wall Street have been given detailed documentation setting out a timetable to Greek default, including firm dates and technical ‘orders’ about last use of the euro as a currency there. The revelation arrived at Slogger’s Roost last Monday, since when I have been trying to obtain corroboration. This arrived in the early hours of today (Thursday). One of the banks is Barclays Capital (Barcap) run by controversial figure Bob Diamond. The other must remain anonymous for the time being, in order to protect sources.
The document asserts that Greece will officially be declared in default by all the ratings agencies after the close of business on Friday march 23rd. At the weekend all Greek bank accounts will be frozen, with emergency measures detailed to prevent the flight of capital. Included in the paperwork is a list of very limited exceptions to the ‘no withdrawals’ order. All major banks ‘are instructed  not to deal with euro exchange  as of open of business in Greece on Monday 25th march. All Greek markets will close for one day ‘at least’.
As yet, I have been unable to establish the source of the documents. But one of my informants admitted, “I have strongly suggested to Greek business friends and clients that they sell up fast, do a sale and leaseback on property, empty bank accounts, and change to a hard currency.”

In testimony before Congress earlier this year Federal Reserve Chairman Ben Bernanke warned that a “disorderly” default would create a “huge amount of financial volatility globally that would have a very substantial impact not only on our financial system, but on our economy.” The aforementioned report indicates that Mr. Bernanke and his counterparts around the world are fully aware of how bad the situation in Europe really is, and they are trying to avoid a disorderly default through the implementation of an orderly contingency plan.
This report also indicates that key players and insiders know exactly what’s about to happen and they are unloading positions in financial instruments that stand to collapse once the Greek default is official, leaving the general public holding the bag.
Europe, as we suggested in Predictions of a Mad Tin Foiler, is going down, and once that happens the next phase of this crisis is going to take hold. We’ll likely see massive outflows of capital from Europe to the United States, which would have an almost immediate and adverse impact on dollar denominated assets including US stocks, commodities, and precious metals.
If and when this event happens – because dates set forth by the powers that be are always subject to change – it will be a tell-tale sign that a similar collapse in confidence of the US dollar and US debt instruments will soon follow.
While the sources for the above report are as of yet unconfirmed, and no copies of it have been made available, if true we  will likely see bits and pieces emerge over coming weeks.
It is and has always been our intention to make our readers aware of developments that could negatively impact our physical and financial well being. As we’ve indicated previously, it is our belief that the first signs of any major man-made event will emerge in non-mainstream alternative news sources.
This may be one of those signs.
There have been false alarms in the past, and we won’t deny that this may be one of them. But we’re of the view that when a smoke alarm goes off, we evacuate first and substantiate it once we’re out of harm’s way. The alternative is that you end up trapped in a burning building.