Friday, March 8, 2013

Is A Collapse Inevitable? Jim Willie & Gerald Celente: The US Has Become Weimar Amerika. When The Gold Start Skyrocketing, People Will Wake Up To The Ponzi Scheme.

“The US has become Weimar Amerika, a fascist enclave.”

The propaganda has turned openly laughable. On the popular major financial news networks, the recent decline in the so-called Gold price has prompted quite the parade of clowns on the ship of fools to trumpet nonsense. The widely published and posted Gold price is dominated by futures contracts, and thus as corrupted as meaningless.
The entire global financial structure is crumbling before our eyes. The gang of central bankers has applied their monetary policy for four and a half years since the implosion of Lehman, Fannie Mae, and AIG. The first is dead, while the second has transformed into a sanctioned subprime lender again, and the latter is a sinkhole. The deceptive messages are shrill, acute, and motivated from desperation. The West cannot solve its problems, hardly properly described as a financial crisis anymore, under the current framework bound to the fiat paper currencies.
The global monetary war is heating up notably. The heavy liquidity has caused unfixable distortions in every conceivable bond market niche. The new and better debt devices have been exposed for their shams. The leading central bankers lost their credibility long ago. The weakness is as broad as it is deep, a reliance upon paper wealth and paper structures and paper contracts, during a time of zero bound interest rates and unfettered hyper monetary inflation to cover the debts. Almost no foreign USTreasury Bond buyers exist anymore.
The US has become Weimar Amerika, a fascist enclave.

When The Gold Start Skyrocketing, People Will Wake Up To The Ponzi Scheme” – Gerald Celente With Adam Vs. The Man | Gold, Gold Suppression, market manipulation

Is a collapse inevitable? Gerald talks about the financial crisis and whether or not a collapse is inevitable.
Jim Rickards – -Stocks have gone sideways for half a generation. Why is that cause for celebration?
Jim Sinclair – Paper Markets To Disappear As Gold War Rages
Korea Joins Russia, Kazakhstan in Boosting Gold Holdings

The Number 1 Problem When Owning Gold


Between the four of them, Masaakai Shirakawa (Bank of Japan), Mario Draghi (European Central Bank), Mervyn King (Bank of England), and Benjamin Shalom Bernanke (US Federal Reserve) control an astounding $8.85 trillion.
And given the speed with which they are printing currency and expanding credit, it’s a number that’s only going to increase.
Morgan was right. Credit is not money. The word credit comes from the Latin ‘credere’, which means ‘to believe or trust.’
And when it comes to maintaining the purchasing power of their currencies, these guys have an absolutely stellar long-term track record, completely unblemished by success. In short, they have given us no reason to trust them.
Owning gold is the same as voting against this system, turning your paper currency into something that they cannot inflate or conjure out of thin air.
Yet there’s one problem.
While the world’s central bankers have given us absolutely no reason to trust them, our governments have given us every reason to NOT trust them.
Governments, especially the bankrupt insolvent ones, have a long history of theft, deceit, and plunder. As we have discussed so many times before, confiscation and/or criminalization of gold is not exactly a zero-risk prospect.

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