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Jacob Rothschild, John Paulson And George Soros Are All Betting That Financial Disaster Is Coming

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Are you willing to bet against three of the wealthiest men in the entire world?  Jacob Rothschild recently bet approximately 200 million dollars that the euro will go down.  Billionaire hedge fund manager John Paulson made somewhere around 20 billion dollars betting against the U.S. housing market during the last financial crisis, and now he has made huge bets that the euro will go down and that the price of gold will go up.  And as I wrote about in my last article, George Soros put approximately 130 million more dollars into gold last quarter.  So will the euro plummet like a rock?  Will the price of gold absolutely soar?  Well, if a massive financial disaster does occur both of those two things are likely to happen.  The European economy is becoming more unstable with each passing day, and investors all over the globe are looking for safe places to put their money.  The mainstream media keeps telling us that everything is going to be okay, but the global elite are sending us a much, much different message by their actions.  Certainly Rothschild, Paulson and Soros know about things happening in the financial world that the rest of us don’t.  The fact that they are all behaving in a consistent manner right now should be alarming for all of us.

Let’s start with Jacob Rothschild.  Apparently he believes that the euro is headed for quite a tumble.  The following is from a recent CNBC article….

You know the euro is in deep water when a doyen of the banking industry, Lord Jacob Rothschild takes a £130 million ($200 million) bet against it.

Okay, but the euro has already been falling dramatically.  In mid-2011, the EUR/USD was above the 1.40 mark, and right now it is at about 1.23.

Does it really have that much more that it can fall?

If the eurozone ends up breaking apart it sure does.

If there is a Greek default, or if Germany leaves the euro, or if a new currency comes along to replace the euro those currently betting against it will end up looking like geniuses.

Another big name in the financial world that is betting against the euro right now is John Paulson.  The following is from a recent Der Spiegel article….

One of these warriors is John Paulson. The hedge fund manager once made billions by betting on a collapse of the American real estate market. Not surprisingly, the financial world sat up and took notice when Paulson, who is now widely despised in America as a crisis profiteer, announced in the spring that he would bet on a collapse of the euro.

And as I noted in my last article, Paulson has also been putting billions of dollars into gold.

So just what are Rothschild and Paulson anticipating?

Could we be on the verge of a massive financial collapse in Europe?

According to the Der Spiegel article mentioned above, a lot of investors seem to be preparing for such a possibility right now….

Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar’s structure isn’t in doubt.

The financial world is starting to wake up to the fact that the globe is absolutely drowning in debt and it is not really good to be holding fiat currencies when a debt crisis erupts.

When men like John Paulson and George Soros start pouring huge amounts of money into gold, it is time to start becoming alarmed about the state of the global financial system.

The amount of money that these men are investing in gold is staggering….

There was also news last week in an SEC filing that both George Soros and John Paulson had increased their investment in SPDR Gold Trust, the world’s largest publicly traded physical gold exchange traded fund (ETF).

Mr Soros upped his stake in the ETF to 884,400 shares from 319,550 and Mr Paulson bought 4.53m shares, bringing his stake to 21.3m.

At the current price of about $156 a share, these are new investments of about $88m of Mr Soros’ cash and more than $700m from Mr Paulson’s funds. These are significant positions.

And the central banks of the world are certainly buying gold at an unprecedented rate as well.  According to the World Gold Council, the central banks of the world added 157.5 metric tons of gold last quarter.  That was the biggest move into gold by the central banks of the globe that we have seen in modern financial history.

But that might just be the beginning.

According to a recent Marketwatch article, there are persistent rumors that China has plans to buy thousands of metric tons of gold….

Within the gold market, there is unconfirmed speculation that China plans to buy up to at least 5,000 to 6,000 metric tons of gold and that it will start to buy during this year, according to Kevin Kerr, president of Kerr Trading International.

If China buys this much gold, that would exceed annual, global production of gold, he said. “We do not have enough gold for China to buy that much, and it will take China time to purchase this amount of gold.”

So what comes next?

Nobody is quite sure.

Another major financial crisis could erupt in Europe at any moment.

A major war in the Middle East could start literally at any time.

Renowned investor Jim Rogers believes that things are really going to get “bad after the next election“.

Others believe that the action could start even sooner than that.

The truth is that even though we have not seen a “Lehman Brothers moment” yet, things in Europe just continue to get progressively worse.  The following is from a recent article by Mark E. Grant….

Whether you turn your attention to Greece, Spain, Italy, Portugal or even Ireland; it is getting worse. Nowhere on the Continent are things improving and even in France and Germany the financial strains are beginning to show. It is not a question of Euro-bear or Euro-bull; it is just the numbers as they come rolling out month after month.

There is a growing realization in Europe that the euro simply does not work.  Italy is absolutely drowning in debt, the Spanish economy has basically descended into a depression, and Greece has been experiencing depression-like conditions for years at this point.

The euro is doomed.  The only question is who is going to blink first.

Nobody wants to be the first to leave the euro.  There are rumblings that it could actually be Finland that leaves the euro first, and that would please Germany just fine because they don’t want to look like the bad guys in all of this.

But that doesn’t mean that Germany won’t eventually pull the trigger if nobody else does.  The German public is sick and tired of bailing out the weak sisters of southern Europe, and at this point it looks like it would take perpetual bailouts just to keep the euro together.

And recently there have been lots of little signs that Germany is starting to move slowly toward the exit doors.

In fact, I found it quite interesting that a giant euro sculpture was recently removed from the Frankfurt International Airport….

A massive € sculpture (identical to the one in front of the European Central Bank) was dismantled and removed from the Frankfurt International Airport in Germany Thursday.

The official explanation is ‘the plastic parts are getting weak after 11 years and the terminal needed the space‘.

Does € sculpture’s removal from the Frankfurt Airport indicate Germany is preparing for a surprise return to the Deutsche Mark?

Sure that might just be a coincidence, but it also could be a harbinger of things to come.

Sadly, most average people living in North America and Europe have absolutely no idea what is coming.  Most of them just want to be able to get up in the morning and go to work and pay the bills and take care of their families.

Unfortunately, millions upon millions of those hard working individuals are in for a very rude awakening.

A lot of people are about to have their current lifestyles totally turned upside down.

But it doesn’t have to be all bad.

In fact, I found it very interesting to read about how some young people are responding to the depression in Greece….

In the spring of 2010, just as the Greek government was embarking on some of its harshest austerity measures, 29-year-old Apostolos Sianos packed in his well-paid job as a website designer, gave up his Athens apartment and walked away from modern civilisation.

In the foothills of Mount Telaithrion on the Greek island of Evia, Mr Sianos and three other like-minded Athenians set up an eco-community.

The idea was to live in an entirely sustainable way, free from the ties of money and cut off from the national electricity grid.

The group sleeps communally in yurts they have built themselves, they grow their own food and exchange the surplus in the nearest village for any necessities they cannot produce.

I think there is a lesson to be learned there.

When the system fails, it is going to be important to be able to live independently of the system.

Governments and big banks all over the world have been rapidly preparing for the coming financial collapse.

Perhaps the rest of us should be too.

If you can believe it, 77 percent of all Americans live paycheck to paycheck at least some of the time.

If another major economic crisis comes along, many of those people are going to be totally wiped out.

And there are already signs that the U.S. economy is basically on life support at this point.

Just look at the velocity of money.

In an economy that is growing and healthy, money tends to circulate very, very quickly.

But when an economy is sick, money tends to circulate very slowly.

And that is exactly what is happening right now.  In fact, the velocity of money is currently at the lowest level in modern U.S. history….

For much more discussion on this, please check out this article.

This is exactly what happened back in the 1930s.  The velocity of money absolutely plummeted.  When people are scared, credit is tight and times are hard, money does not exchange hands as rapidly.

But this is just the beginning.

What we are experiencing right now is rip-roaring prosperity compared to what is coming.

Jacob Rothschild, John Paulson and George Soros are preparing themselves for the tremendous chaos that is coming.

Are you getting prepared?

  • DownWithLibs

    Off topic:

    Check out California’s Hardest Hit fund…another entitlement and Obama lie!

  • Marco

    “Are you getting prepared?”

    I’m doing what I can. I have 2/3rds of my liquid assets in gold and silver. I have $2k in cash in a sealed envelope just in case of a bank holiday. I have 175 shotgun shells. My mossberg has a light mount and fiber optic sight. I have six months worth of freeze dried food ready to go. Two boxes of MREs. A katadyn water filter. Box of water bottles. First aid kit.

    We pay for HOA fees per month but have no mortgage.
    We have no debt.
    Family is in good health.
    Most importantly, we believe in our saviour, Jesus Christ.
    We’re not materialistic people and I am willing to help our neighbors and anyone else who humbly asks for help (I know everyone on our street on a first name basis) no matter what happens.

    That said, we still have over $50k in cash in the bank. $200k in my 401k – all in Pimco total bond fund. No stock market. I’m still working. What else should I do? (aside from praying, which we do daily – for us, for the USA, and for those less fortunate than myself).

    Like another commenter said before, I feel like I’m living a dual life. I’m a closet-prepper. I casually bring up the subject to others sometimes, but I get the feeling they don’t want to talk about current state of affairs. I know that’s normalcy bias right there.

    I always look forward to other reader’s comments on this site. I pray that I get a chance to meet you good folks someday. God bless you and God bless the USA – what’s left of it anyways…

    • Mal R.

      DUDE! Rule number one of FIght Club, is NEVER talk about Fight Club. You ain’t a ‘closet-prepper’ no more.

    • lee

      youre in great shape.

      if you hadn’t yet, i suggest generator and some prepper type lamps.

      • Marco

        Good suggestion on the lamps. I’ll pick up a couple.

        I don’t want to get a generator – the sound will attract others and may make us more of a target.

    • das

      Where did you say you lived?

      • DownWithLibs

        Nice try!!!;-)

  • r.bitting

    Your gold and your silver won’t save you in the day of the Lord’s wrath. Read the Book of Lamentations to better understand the kind of suffering thats in store for a nation that has the truth and chooses even after being repeatedly warned of the consequences to reject it. God is not mocked, and you will not prevail. Your only hope is to repent and return to God.

    • Mal R.

      “Your gold and your silver won’t save you in the day of the Lord’s wrath.”

      Gonna respectfully ask you to think about that for a second. No one physically preps for the return of God. We prepare spiritually. We prepare physically for the coming of the left wing govt messiah. You should just assume this is the way it’s meant.

      • Gay Veteran

        or the coming of the right wing govt messiah

      • Mal R.

        <rolls eyes> No such a thing in my world. Govt is evil.
        I can point you to the pictures where the left wing put halos on top of St Barack’s head, or the audio fo the leftards that say, ‘I wont have to put gas in my car or pay my mortgage any more. Barack is going to take care of us now.’ or ‘I dont know where he got the money. His stash. Obama stash. It’s Obama money. O BA MA! O BA MA!’ and St Barack’s own words about ‘America will know this as the time we healed the Earth and the Oceans stopped rising’.

        So, What did your delusional little brain come up with as ‘right wing govt messiah’?

        • Gay Veteran

          well you right-wingers certainly did a good job of worshiping George W. Bush

          oh, that’s right, he’s not a conservative

          like communism, conservatism cannot fail, it can only be failed.

  • Pretty much there,just patiently waiting.

  • K

    Am I preparing? Yes as much as a poor man can. I do what I can, and leave the rest in the Lords hands. Michael, Reuters reported this morning, Mississippi river closed for an 11 mile stretch. Over 90 vessels stuck. If you go to the Reuters website and search Mississippi it should come up. Release time should be just before noon.

  • markthetruth

    The world is going to need Super Hero’s

    Captain America
    Spider man

    Right now we have Mickey Mouse

    We need James bond now because George Soros is DR.NO

    Big News!!!!!!!!!!

    Kelly Ripa’s new “Live!” co-host debuting September 4


    11-mile stretch of Mississippi River closed

    non productive entertainment gets more hype and flow of money then where it should be going.

    Our priorities

    the end.

    the end.

    • Mondobeyondo

      Superheros won’t help us. It’s too far gone. Too much time has passed already, and the Republic we knew and loved is over.

      However, it would be nice to have Mighty Mouse instead of Mickey Mouse in the Oval Office.

  • McKinley Morganfield

    “Mr Soros upped his stake in the ETF to 884,400 shares from 319,550 and Mr Paulson bought 4.53m shares, bringing his stake to 21.3m.”

    Those shares are just paper, not physical gold in the hand (or vault in your home). When the greatest depression of all time happens governments will seize all paper metals and any physical gold, silver, platinum, etc. they can seize from a bank safety deposit box or your home if they know you have a large amount of physical precious metals. The likes of Soros, Paulson, Rothschild, etc. think they are the puppet masters, and this has been true in past depressions, but what’s coming will be so big they too will be fleeced.

    BTW, it seems some of the wealthy are looking to move as far away as possible from the coming crash:

    • Kelly

      Is that your real name or a made up name? I LOVE it! 😉

  • Mondobeyondo

    These are some of the “high rollers”, so to speak, at the finance and banking gambling table. As those E.F. Hutton ads used to say, “When these people talk, other people listen”.

    If THOSE guys are making moves… whew. What does that mean for the rest of us? You know, you and I, who don’t have extra millions to pour into the stock market?

  • Soros doesn’t bet on financial disasters. He causes them. He broke the bank of England and I am sure he is doing some shady to precipate this too. Jury is out on the rest of these sociopaths.

  • Wilson

    I saw this information Soros, but i am not convinced buying paper gold is all that smart. As for Old Man Rothschhild, he doesn’t care what the laws of a country are as long as he controls (manipulates) the currency. WOW, manipulating THE currency of Europe, ballsy of him.

  • Prepaired Painter

    Another well wrote article, thank you. Hopefully many people read it.

    “If God is for us, than who can stand against us?”

    • Mal R.

      “well wrote article”


  • Stan522

    There seems no doubt…… only question is how far down the toilet will we go..

  • doctor blue

    Like rats on a sinking ship they (the super rich) are pulling the plug and heading for the exits as fast as there tiny little fur covered feet will move them. So as not to create a panic and make things worse, they are keeping their mouths shut and taking care of business. They are headed for there underground bunkers or mountain top survival retreats and when they pull the doors shut it’s going to be all the rest of us rats on our own. Prep Hard, Prep Fast, Time is Almost Up.
    What is coming, will be,
    Hell On Earth!

  • Pony Bel

    The highest of the elite like the Rothchilds is fixing to rob the rich. If you aren’t aware of how the Rothchilds made their money look it up. Instead of doing it with stocks they will do with gold this time. It works like this. They get everyone to buy gold in a panic, especially those who are rich then they start a war which they are setting up with iran right now. They will tell everyone were losing that war when we are actually winning it. The price of gold will drop based on the lie that we are losing the war. They will but it all up acting like they are our saviors. When they buy it all up it will be for pennies on the dollar. But people will thank them for it because they will feel it isn’t a total loss. When we win the war and everyone finds out we are winning it the price of gold will go through the roof and they will have made their fortune. One has to wonder why the gold companies are selling such a valuble asset for worthless money that is fixing to plunder. This is why

  • Prepared Pastor

    This article supports what I have been posting for years: Position yourself to need as little money as possible. I did this by building a free and clear solar retreat that produces its own heat, meat, water, and electricity. I put the rest in precious metals so my children would have a head start after society rebuilds as it always does – eventually. If this is the end of days that’s nice too.

  • Pony Bell

    I realise it sounds a little complicated but research how the rothchilds made their money to begin with during the napolean war. Then just replace stocks with gold and the picture becomes clear.

  • Tomato Eater

    Don’t forget to add things like pepper spray and stun guns to your bug out kit

    • das

      dont waste you time with that. light weight 9mm with a few extra full mags

    • Mondobeyondo

      Hollow point bullets…

      • DownWithLibs

        Naw, Social Security Administration is hording all of them!

  • lee

    it may be 2013 or possibly 2014(but I highly doubt it) that the US gets dragged into a recession(or more likely depression) as europe is 40% of the US export market and you just cannot take that kind of hit as a producing country and not have a contracting economy, but something is going to give.

    The VIX(market volatility index) is at 5 year lows and if you watch CNBC, they are all set to run the market up to 1500 or 1600 on the S+P on no job or housing recovery.

    IMHO, we are now in a topping process for the financial markets and US economy that will be followed by a recession that will be clear by mid 2013.

  • ScoutMotto

    There is a store in the Denver area that sells prep goods. The selection is not bad. When things crash down and grind to a halt, they plan on pulling shop and closing up. They are going to paint the windows, flip the sign on the outside so that it says the place is a doll shop, and change the numbers on the side of the door. There will be no trace of them when they close up.

    I recommend getting #10 cans of your favorite freeze-dried long-term storeable food if possible. Get’em while the gettin’s good. We are running out of tomorrows.

  • Jaguar34

    Great read! I have been telling people since 2006 that this was coming. Now it is right around the corner. But I do not think many poeple will pay much attention until it way too late. Then we will here, “why did no one tell me”?

  • Colin

    I havent been to this blogg for a few years. It seems that the writer is saying the same things now as he was a few years ago. Its all about to collapse. It better happen soon or people may just stop believing him.

    • lee

      Would you like to show up anywhere things have moved to more stability in the past two years ?

      Debt levels are worse, unemployment is worse, food supplies are worse. The only thing that has gotten better is energy supplies, but if you can’t afford to pay for the increases to use more energy; that doesn’t mean anything.

    • Mondobeyondo

      Oh, it will happen soon enough. You may be sorry you made that statement.


    SHHHHHH ITS EVEN WORSE THAN THE GREAT DEPRESSION!!…It’s Even Worse Than The Great Depression

    According to Wikipedia, Narcissistic personality disorder (NPD) affects one percent of the population and has little to do with looking at yourself in the mirror. It has a lot to do with unrealistic fantasies of success, power and intelligence. Some NPD sufferers become cult leaders or mass murderers, the rest become economists and policy-makers. Despite having a highly elevated sense of self-worth, narcissists have fragile self-esteem and handle criticism unpredictably, so let’s keep this to ourselves….

    Velocity of money is the frequency with which a unit of money is spent on new goods and services. It is a far better indicator of economic activity than GDP, consumer prices, the stock market, or sales of men’s underwear (which Greenspan was fond of ogling). In a healthy economy, the same dollar is collected as payment and subsequently spent many times over. In a depression, the velocity of money goes catatonic. Velocity of money is calculated by simply dividing GDP by a given money supply. This VoM chart using monetary base should end any discussion of what ”this” is and whether or not anybody should be using the word “recovery” with a straight face:

    In just four short years, our “enlightened” policy-makers have slowed money velocity to depths never seen in the Great Depression. Hard to believe, but the guy who made a career out of Monday-morning quarterbacking the Great Depression has already proven himself a bigger idiot than all of his predecessors (and in less than half the time!!). During the Great Depression, monetary base was expanded in response to slowing economic activity, in other words it was reactive (here’s a graph) . They waited until the forest was ablaze before breaking out the hoses, and for that they’ve been rightly criticized. Our “proactive” Fed elected to hose down a forest that wasn’t actually on fire, with gasoline, and the results speak for themselves. With the IMF recently lowering its 2012 US GDP growth forecast to 2%, while the monetary base is expanding at about a 5% clip, know that velocity of money is grinding lower every time you breathe.

    The Fed’s refusal to recognize the importance of velocity of money quickly goes from idiotic to insidious. Here’s a question: If I give you 50¢ and as a result of that transaction, you owe me $1.00, what interest rate have I charged you? Obviously, I’ve charged you 100% interest and I don’t give a rat’s ass about you or your kids. I’m pure evil and you’re pure stupid. But believe it or not, this kind of master-slave arrangement isn’t enough to satisfy a true narcissist. The narcissist needs to be exalted for his actions, no matter how unjust.

    He likes to be thought of as “accommodative.”

    In 2011, every dollar of GDP growth created $2.08 in debt. In real life, that’s 108% interest plus the nominal rate, and our twisted leaders want you say, “Thank you sir, may I have another!”

    2011 wasn’t an anomaly either; it’s the new normal. Since the Bush deficit increases (to call a spade a spade) went into effect, the rise in debt has exceeded the rise in GDP 6 of the last 10 years (the four years of positive GDP-minus-Debt can be directly attributed to the housing bubble). That never happened in the U.S. during Great Depression/WWII era. One place where it did happen was in the Weimar Republic (which shortly thereafter became known as Nazi Germany) . No one’s ever done a better job of explaining how quickly things unraveled there than Art Cashin (this is an absolute MUST read):

    In 1920, a loaf of bread soared to $1.20, and then in 1921 it hit $1.35. By the middle of 1922 it was $3.50. At the start of 1923 it rocketed to $700 a loaf. Five months later a loaf went for $1200. By September it was $2 million. A month later it was $670 million (wide spread rioting broke out). The next month it hit $3 billion. By mid month it was $100 billion. Then it all collapsed.
    ….In 1913, the total currency of Germany was a grand total of 6 billion marks. In November of 1923 that loaf of bread we just talked about cost 428 billion marks.
    So I’ve got a whole bag of “Fuck You!” for anyone who still thinks nothing could be worse than another Great Depression. The path we’re on ends with mountains of corpses when the great experiment fails.

    America’s most prestigious education institutions have become grooming salons for malignant narcissists. Men and women high on their own self-important sense of entitlement, but short on any sense of honor or duty (like passing a budget or arresting someone who stole a billion dollars) and devoid of any real insight or achievement. So far it’s working out quite nicely for them:

    Fun fact: Washington DC now boasts, by far, the highest and fastest growing income per capita in America.

    No matter what color Kool-aid you prefer, a Harvard Law School graduate who wipes his ass with the constitution will occupy the White House until 2016. Any flavor difference you think you detect is artificial. Neither party has any intention of balancing the budget or stopping the generational rape of America. They exist only to give you the illusion of choice.

    There’s another reason nobody wants you thinking about velocity of money and triple-digit principle-based interest rates. When you get comfortable with the idea that the same dollar gets spent over and over in the economy, you’ll begin to reconcile that notion with the fact that total government spending (Federal, State and Local) accounted for over 40% of GDP in 2011. Then it becomes clear that you are already living in on of those countries where the government controls everything (call it whatever -ism you want). Next thing you know, you’ll start connecting the dots between the nation’s skyrocketing public debt and the private fortunes amassed by a select few, and no one who’s in on the fix wants that.

    Better than one in seven Americans are now on food stamps thanks to Washington’s disastrous policies, but narcissists refuse to recognize the consequences of their own actions. That’s how they sleep at night. They see themselves as saviours, feeding the inferior huddled masses too stupid to fend for themselves, so of course they deserve more money. The only thing they learn from shitty results is that they need more power, more control and more money.

    The so-called “fiscal cliff” represents nothing more than a return to policies proven far less dysfunctional than the current ones, but Washington doesn’t see it that way. Instead they want you to beg them to save you from this horrific monster and adore them when they double down on policies that serve to increase your dependency on them.

    By any and all reasonable measures, it’s worse than the Great Depression, and still deteriorating. Just remember that truth is the narcissist natural enemy before you speak.


    In 1920, a loaf of bread soared to $1.20, and then in 1921 it hit $1.35. By the middle of 1922 it was $3.50. At the start of 1923 it rocketed to $700 a loaf. Five months later a loaf went for $1200. By September it was $2 million. A month later it was $670 million (wide spread rioting broke out). The next month it hit $3 billion. By mid month it was $100 billion. Then it all collapsed.
    ….In 1913, the total currency of Germany was a grand total of 6 billion marks. In November of 1923 that loaf of bread we just talked about cost 428 billion marks.

    • Thanks for the second post,it made me go back and read your previous. For what it’s worth,I appreciate your lyrical links.

  • Kelly

    I certainly don’t claim to be too knowledgeable about economics… my opinions are merely based on my reading of many different blogs and opinions sites such as this… and not from any personal education… but my struggle has been with buying gold. I own a very little… but some is better than nothing… And while I do think gold will triumph in days to come the question is, of course, when? It’s a very volatile asset. One philosophy that I’ve read a lot is that … you can question, why in this current economy has gold not already skyrocketed? If the Euro is to fail, gold should go up… but they say “they” being other opinion sites, suggest that it’s because the Euro is failing that the US dollar is strong… because it is a flight to quality… In other words, investors see US Dollars, not gold yet, as the place to run to…

    So, if that’s the case, I wonder if it isn’t still early yet to invest in gold. I wonder if once the Euro breaks down, it isn’t gold that we see skyrocket, but the value of the dollar, if for only a fleeting moment… …and in fact the flight to the USD might even cause a huge drop in the value of gold…

    So part of me thinks gold is still going to take a nosedive before it’s all said and done. Not to say ‘don’t buy gold’ but I’m debating if I should hold out a little longer (since I don’t have a lot of $$$ to work with) and wait for the price to fall big… then buy… because I clearly think the fall will be temporary… but why buy now when it’s over $1600/oz if there’s that theory that a big dip in gold prices will follow the Euro decline… as folks run to the USD.

    Again, I’m uneducated, but that’s what I’m trying to measure… buy now… or follow that theory that before gold really takes off, it’s going to drop while USD becomes stronger… ,,, then buy and wait for the US Dollar to follow in the same path as the Euro.

    My two cents. Thanks Michael, as always. I wait anxiously for your posts…

    • Mal R.

      “So, if that’s the case, I wonder if it isn’t still early yet to invest in gold. I wonder if once the Euro breaks down, it isn’t gold that we see skyrocket, but the value of the dollar, if for only a fleeting moment… …and in fact the flight to the USD might even cause a huge drop in the value of gold…”

      You have done very well without formal education. I think you have it absolutely correct.

    • john719


      I couldn’t agree more. I find it real hard to buy anything when it’s at an all time high. I think what the uber wealthy Sorros and CO are doing is hedging their bet by spreading their investments into different commodities. Their goal is not necessiarly to make money at this time, it is to not lose value on their current assets.


    MORE FROM ZERO HEDGE AND CHARLIE!!Submitted by Charles Hugh Smith from Of Two Minds

    Ten Minutes After the Titanic Struck the Iceberg

    We are like passengers on the Titanic ten minutes after its fatal encounter with the iceberg: the idea that the ship will sink is beyond belief.

    As we all know, the “unsinkable” Titanic suffered a glancing collision with an iceberg on the night of April 14, 1912. Ten minutes after the iceberg had opened six of the ship’s 16 watertight compartments, it was not at all apparent that the mighty vessel had been fatally wounded, as there was no evidence of damage topside. Indeed, some eyewitnesses reported that passengers playfully scattered the ice left on the foredeck by the encounter.

    But some rudimentary calculations soon revealed the truth to the officers: the ship was designed to survive four watertight compartments being compromised, and could likely stay afloat if five were opened to the sea, but not if six compartments were flooded. Water would inevitably spill over into adjacent compartments in a domino-like fashion until the ship sank.

    We can sympathize with the disbelief of the officers, and with their confused reaction, simultaneously reassuring passengers and attempting to goad them into the lifeboats. With the interior still warm and bright with lights, it seemed far more dangerous to clamber into an open lifeboat and drift off into the cold Atlantic than it did to stay onboard.

    As a result, the first lifeboats left the ship only partially full. Only when it became undeniable that the ship was doomed did people attempt to “make other arangements,” but by then it was too late.

    The tragedy was a cruel mix of human error (entering an ice field at nearly top speed, 23-25 knots), hubris-soaked planning (only enough lifeboats for half the passengers and crew) and design flaws: the high-sulfur iron hull plating did not bend when struck by the ice, it shattered like china.

    As noted above, the watertight compartment design was also flawed; indeed, some studies have found that the ship would have stayed afloat an additional six hours had there been no watertight compartments, as water would have sloshed evenly along the entire length of the vessel.

    I think this perfectly describes the present. Our financial system seems “unsinkable,” yet the reliance on debt and financialization has already doomed it, whether we are willing to believe it or not.

    Maybe the illusion that the ship is unsinkable can be maintained for another year or two; the Status Quo’s success in masking the ultimate fate of the financial system for the past four years supports the belief that there is literally no limit to the Federal Reserve and Treasury’s power to keep the ship afloat, regardless of the cost. In other words, the Fed and Treasury are perceived as “unsinkable.”

    That illusion has cost trillions of dollars, trillions of dollars of new debt that now burden the taxpayers: $2 trillion added to the Fed balance sheet, $1.2 trillion in secret giveaways to the banking cartel, and $6 trillion in additional Federal debt/spending.

    Yet few of us are willing to entertain an exit from the belief system that supports the Status Quo. We are like passengers on the Titanic ten minutes after its fatal encounter with the iceberg: we can’t believe this grand ship could sink, so we do nothing while it is still possible to influence our fate.

    In my new book Resistance, Revolution, Liberation: A Model for Positive Change, I explain how structural flaws doom the financial system and government finances alike to either default or destruction of the nation’s currency. There are no other end-points.

    We could insist on changes to these doomed policies, but we do not; why?

    Some of our reluctance can be attributed to disbelief, as the gap between what we know is inevitable–the ship will sink beneath the waves–and what we currently see–a proud, mighty ship, apparently only lightly damaged–is so wide.

    But if we delve deeper, we discern how calculations of risk and gain yield faulty assessments of self-interest. While the ship appears structurally sound, it seems risky to clamber into an open lifeboat and drift away into the freezing night, while the supposed gain (saving our life) is questionable: from the warm deck of the ship, it seems that climbing into a small lifeboat would place our life far more at risk than staying on board the mighty ship.

    This assessment of self-interest was tragically flawed, and by the time the impossible (sinking) had become the inevitable, it was too late to change the fate we’d selected back when all seemed permanent and secure.

    The point of this exercise is to reveal just how illusory our assessment of self-interest and security can be, and how prone we are to making decisions based on the present even when our rational minds are well aware that it is unsustainable.

    The financial system of the United States of America is like the Titanic. Hubris led many to declare it financially unsinkable even as its fundamental design was riddled with fatal flaws and the human pilots in charge ran it straight into the ice field at top speed.

    We have some time left before the ultimate fate is visible to all. Ten minutes after the collision, the Titanic’s passengers had 2 hours and 30 minutes before the “unsinkable” ship sank. How much time we have left is unknown, but the bow of the ship will be visibly settling into the icy water within a year or two–and perhaps much sooner.

    • Gay Veteran

      Charles Hugh Smith is a GREAT writer

      so is Paul Craig Roberts

    • NorthernCanuck

      Nice analogy, but there is a strong argument to be made that this ship was INTENDED to go down and that it was a massive insurance scam.

      RMS Titanic and RMS Olympic were virtually identical ships. The Olympic, launched first, suffered two collisions – the last, with a Royal Navy cruiser, was haughtily declared by their Lordships of the Admiralty not to be the Royal Navy’s fault.

      That left White Star, it’s owner, with a ship whose keel was irreparably bent and no grounds for an insurance claim. And the prospect of bankruptcy.

      With the apparent and reluctant connivance of the British government (to whom the three ships in this class represented valuable troopship capability in the case of a war with Germany, all to be lost if White Star went bankrupt), the OLYMPIC was deftly switched in and out of dry dock with the TITANIC – and allegedly BECAME her (simply a matter of welding on new letters over the engraved ship’s name and switching the stationery and the ship’s name on the lifeboats over a single weekend).

      The White Star liner sent out ahead of time, and stopped in the ice field to pick them up at the fatal moment, went off course and inadvertently stopped and waited at a point over the horizon from them. So it couldn’t see TITANIC’s varied-colour rockets and take off its crew and passengers.

      The mystery ship that saw their rockets and didn’t respond was actually a Canadian vessel doing some illegal (seal?) fishing in the area – and, being there for nefarious purposes, it soon took itself off the scene without responding after firing white rockets to recall its crew in their longboats.

      A French expedition recently photographed the underlying TITANIC letters engraved into the ship’s hull, where some of the welded OLYMPIC letters which covered them have since fallen off.

      The real parallel here? The elite may plan the perfect shipwreck but they can’t control EVERYTHING!

  • leebo

    These two articles, along with yours Micheal, are absolutely overwhelming to say the very least. To survive these coming hardships is to live in a world that is either to evil to comprehend or…..the most amazing exponential advancement in the history of mankind. Either way, surviving the next decade is the goal. What comes next is absolutely unimaginable, even for Keanu Reeves

  • John Spike

    No system can continuously consume more than it produces forever. That is a thermodynamic fact. It is not up for discussion.

    The west was, and still is very productive, but if we consume more than we produce then bankruptcy is inevitable, the only question then becomes when.

    As a scientist, engineer, and investor, my personal prediction is that whether the pain is suffered all at once, or over time, the net affect will be the same, the system will balance itself. The further the debt and friction is increased the more unstable the system becomes, lending itself to a systematic collapse all at once. What is the probability? Who knows. This article tries to address that question by pointing out what “people in the know” are doing. They are most likely right. Even if the probability was 51%, chances would be on their side.

  • Annette

    I am using your articles in my college papers. You have the facts, Michael. As a Christian, I am turning to Christ as the source of my supply. If there is another crash, and I believe that there will be, I will still depend on Him. I have been reading on the subject of fasting and praying. There are good Christian books on that subject, and I do believe that it’s time for me to practice fasting. The spiritual benefits are great, and I really believe that there are other results obtained by fasting. I would encourage any of the Christians on your blog to consider this.

    • Michael


      I am honored. I actually loved college even though I disagreed very strongly with many of my professors. College can be an amazing time in your life and I wish you huge blessings as you go through this process.

      And I agree with you about fasting and prayer. That combination can be extremely powerful. But if someone is new to fasting it is a good thing to start slow. Start with one meal, and later try a day. Don’t just jump in and try to do a 21 day fast if you have never done any fasting before.

      And it is always great to hear from another believer. Stay strong in the Lord Annette.



    BATTERIES AND RADIATORS METH HEADS????A sheriff’s investigator hopes to turn over leads in a rash of battery thefts.

    In Saunders County alone, about 60 batteries have been stolen from tractors, irrigation systems and pumps. Tim Drews had six batteries stolen from his hay cutting tractors. “It costs money out of your pocket because it isn’t enough to turn in for insurance, but it’s hard to start a tractor without a battery.”

    Drews estimates the thefts cost him $750. And its not just tractors. The city of Yutan had two marine-strength batteries stolen from pumps. Each is valued at about $170 and one is less than six months old.

    Saunders County Sheriff’s Department investigator Steve Malina is warning farmers and owners of any equipment to mark batteries with their name or some sort of identification. That way if recovered, the batteries can be returned !!!!NOW THE RADIATORS

    !P) — A northeastern Kansas sheriff says thieves in pursuit of scrap metal have been going after radiators from tractors and other farm equipment.

    Jackson County Sheriff Tim Morse says most of the thefts have occurred in the rural Holton area. He’s urging residents to keep a close watch on machinery equipped with radiators and lock up the machinery.

    The Topeka Capital-Journal reports ( ) that one resident had a close brush with possible radiator thieves over the weekend.

    The man had put out several radiators for pickup after removing them from his machinery. He reported that two women in a suspicious vehicle sped away after claiming to have car trouble.DAMN THE FARMERS GOT IT BAD ENOUGH WITH OUT THESE THIEVES!!

  • TtT Engine

    Do we actually own any gold at Ft. Knox or is this another fiction like our social security trust fund ? How much gold is there ? Does the U.S. own it or is it a minuscule amount of collateral put up for all the debt we owe ? Christi Fidelis !

  • Chuck

    Many of us are simply waiting for the next event.
    Whatever it may be, it is coming.

    I’d rather it be sooner than later but only time will tell and down the road everyone will realize they cold see it, they lived it and we came through.

  • Paula New Zealand

    Very good challenge Michael.
    Keep up the good work.

    It is written ‘It is a wise man who sees trouble coming,and prepares for it’.
    Gods word, it is good for the soul

  • paul

    If I had 130 mio, I wouldn’t buy gold. I’d buy immortality.
    I’d buy the landfills of Manila, the “smoky mountains”, use them for raw material mining and gas production, and build houses for those living from collecting scaps on the landfill.

  • Gary2

    The only disaster I see coming is the crash and burn of the tea bag candidates. Now I know everyone already knows they are not too smart (I’m being nice) and they are taking the cursed conservative movement down. I love watching conservatives destroy themselves. Hopefully they will so discredited they are nothing but a bad memory.

    “If it’s a legitimate rape, the female body has ways to try to shut that whole thing down.” Not surprisingly, that unscientific comment resulted in outrage at the Missouri congressman.

    Republican Rep. Todd Akin’s inflammatory comments over the weekend in which he blithely minimized rape-induced pregnancies.

    Last year, Ryan and Akin were among the co-sponsors of unsuccessful legislation that would have narrowed the exception to the ban on federal taxpayer dollars being used to pay for abortions. Their bill would have applied the exception to only “forcible” — but not to “non-forcible” — rape.

    Ha ha ha ha ha ha

    • Mal R.

      “The only disaster I see coming is the crash and burn of the tea bag candidates” LMAO! Like it did in 2008 and 2010? It’s only getting more popular if you aren’t looking thru Gary’s lil eyes.

      “Republican Rep. Todd Akin’s inflammatory comments over the weekend” Oh yea, he said something stupid. I’ll not defend the statements.

      How about the YEARS of entertainment from Joe Biden?
      How about Whoopi Goldberg and her, ‘it wasnt rape rape’?
      How about Al Sharption’s lil foray into Juanita Broderick?
      How about the scumbag Democrat Congressman exchanging oral sex with a 17 year old boy at a rest stop he advertised on Craigslist?
      How about the far left abortion factory Planned Parenthood and their constant COVERUPS of child rape?

      Lemme know if it’s just those EVIL republicans.

      • sharonsj

        I don’t want to get into a contest over which party is worse, but the facts show that the Republicans threw out the moderates and replaced them with religious nuts and bigots. The Democrats are merely clueless and cowardly. What I resent most about conservatives is their pseudo-science that says global warming is a hoax, gay can be prayed away and if not then killed, women should be barefoot and pregnant, the Earth is only 6000 years old, and the planet can be destroyed by mining, drilling, and pollution because Jesus will come and take you away before your kids are born deformed and retarded. I can’t wait for the red states to secede again.

        • Mal R.

          “the gay can be prayed away and if not then killed” Please cite for me who said that.

          “the Eartth is 6000 years old” please cite

          “the planet can be destroyed by mining, drilling, and pollution because Jesus will come and take you away ” Please cite.

          Honey, the science of globull warming is the hoax. That’s why yall conveniently changed the name to climat change when none of the stupid predictions came true.

          Oh yea, learn your history honey. It was the Democrat south that seceeded. It was the democrats that became the terrorists in reconstruction. It was the democrats that gave us the segregation and the KKK. Are you for real with that? Do you need me to get you those links? I will if you want.

          • GaryToo

            good to see you took my advice to put your gameface back on and dont ever again let us down by missing an opportunity to call a female poster honey.

            less than 5% of climate scientists disagree that there is in fact global warming. AM radio shock jocks who do not subject data to peer reviewed scientific journals dont count. NASA and CSIRO do count.
            The predictions are coming true. Absolutely no question. Compile your own data on ocean temp, hurricane counts, and all other extreme weather events. The name Climate change helps simple people such as in the UK who go back to ice age conditions when the gulf stream is interupted. Helps people like you who would say it cant be globull warming when its freezing (here).

          • Gary2

            In addition to all conservatives being racist them are mostly all sexist also. See the dolt Akins tea bag party platform.

          • Gay Veteran

            Mal R all you have to do is a simple Google search

            like people who actually believed the tobacco companies that said smoking did not cause cancer, Mal R is more than willing to believe the propaganda paid for by Big Oil about climate change

            let me ask you a simple question, who has more to gain? Big Oil or scientists? Big Oil because they have $TRILLIONS in oil and coal they still want to sell

            and poor Mal R, just can’t believe how all those nasty racist Democrats became nasty racist Republicans

          • Gay Veteran

            “■Young earth proponents (biblical age of the earth and universe of about 6,000 years”


            and all it took was a simple Google search, obviously something too hard for Mal R to do

        • Pitchfork Ready

          I couldn’t agree more with secession from the blue states.

          Facts are the Democrats threw out the moderates and replaced them with fascists and communists. The Republicans have merely been castigated and neutered by the MSM. What I resent most about Democrats is their insistence on turning time backward and destroying jobs like they did in California by shutting off all the water to the farms over a fish and stopping the Keystone Pipeline over supposed environmental concerns while driving around in SUV’s with Obama stickers. I resent the fact Democrats vilify hardworking women who happen to be Conservatives, and when that doesn’t work they attack their families with their filth and lies; I resent the fact that my tax dollars are used to to pay for abortions–an action I find deplorable– here and across the world. I resent the fact that with the country in dire debt Democrats wants to spend even more, creating even more inflation that hurts the poor and people on fixed incomes (the very people the Democrats claim to champion). I resent the Democrat’s attack on the 2nd amendment.

          I just don’t just resent them, I detest all Democrats and everything they stand for, everything they are. To me they are bigger threats to liberty than any terrorist and I would welcome secession in a heartbeat. Let them turn their country into a third world hellhole while the rest of us prosper.

          • Gay Veteran

            I’m not a Democrat or a Republican, but you will find more political variety among Democrats

            “…The Republicans have merely been castigated and neutered by the MSM….”

            you mean by the corporate owned media? that doesn’t even make sense

            and keep on drinking the Kool-Aid if you think the Republicans are any different from the Democrats, both parties are controlled by the elites

        • Gay Veteran

          good points, but both parties are totally OWNED by the elites

        • TtT Engine

          We welcome the separation. You have a very disorted view of conservatism. Life back to God, Family and Country, what a novel idea ? You lefties have wrecked the greatest nation ever created in just 40+ years [i.e. 8-15-1969/Woodstock’s America]. You lefties have one small problem. If you are all receiving government checks and numb on drugs, whom will you tax and spend to pay for your utopia ? See how long your monopoly money lasts !

          • Gay Veteran

            stereoptype much?

      • Gay Veteran

        “…How about the scumbag Democrat Congressman exchanging oral sex with a 17 year old boy at a rest stop he advertised on Craigslist?….”

        LOL, usually it’s some closeted Republican

        • Mal R.

          To all, please note that resident leftard laughes off scum bad democrat rapist and blames it on republicans.

          Please post links Gay. That wasn’t you was it?

          • GaryToo

            all i could note was that gv did not blame it all on republicans at all by saying “usually its…” and he never shows any particular political preference, so you attributed that wrong too. I think he joined the army quite by accident when he heard that it was camped.

          • Gay Veteran

            wow Mal R, you REALLY need to learn how to read

            where did I blame it on the Republicans???

            thy shalt not lie

  • Gary2

    Tax the rich-especially these three mother fkers and spread the wealth–problem solved. the worlds rich have over 21 trillion dollars, plenty to fix the world financial issues.

    Tax the rich MF HARD and spread the wealth.

    • Mal R.

      you said ‘the worlds’ rich. How do you plan on taking their money Gary? Were you going to use the military for that or just the Bamster’s just as well funded and armed civilian force?

      BTW, if you had read ANY of Micael’s articles, which you clearly dont, you know that 21 trillion isnt even world GDP let alone the some odd 2000% of world GDP that makes up the debt. You coulda saved the planet, prevented genocide and not wasted the electricity you stole on the backs of the poor and black people to post that stupid statement.

    • john719


      I never got a job from a poor person……..

      • Gary2

        then you never got a job.. Demand is what creates jobs and poor people have demand.

        Again–how can you be so dumb as to not be able to see this???

        The stupidity of the right is breath taking.

    • das

      Do you really think the have 21 trillon in cash just sitting around. Study economics and get a clue.

    • Optimistic Pessimist

      I have to disagree with you on that one Gary as I believe wealth is not money itself but knowledge about money. You cannot tax knowledge, only money.

      They are rich because they understand money in a way that the majority of us do not. As a result we will never be able to compete with people like this.


    • GaryToo

      gary the hahahah sentence sounded like your own level of writing ability, the other prose was obviously lifted from someone with better ability. You need to stop cut and pasting other peoples as your own. And “tax the rich” as a reply everytime you are made to look stupid with irrelevant to topic posts about the tea party only show you have no answer at all.

  • paul

    In 2001 EU 1 would get you US$ 0.87.
    Do you still think 1.23 is low?

  • jackofalltrades


  • k

    Looks like in business its slightly different.

    If you cant prevent a crisis……exploit it!

  • k

    Michael, what do you think will happen to the US economy if it goes to war with iran? Will it be beneficial like the second world war was to the US economy when it was in the great depression in the 1930s?

    • Michael


      I think any war in the Middle East would cause the price of oil to absolutely soar and would be very bad for the U.S. economy.


      • Gay Veteran

        Gerald Celente thinks the elites are driving us towards war with Iran and WWIII:

        • NorthernCanuck

          “Anti-Iranian Hysteria

          By Stephen Lendman

          Western media, hard right commentators, and pro-Israeli groups feature regular anti-Iranian denigration, slander, misinformation and lies.

          Respecting its sovereignty is verboten. Regime change is prioritized. All means are OK, including war, mass killing and destruction. Warmongers relish it. Rhetoric tries justifying it.

          Responsibility to protect (R2P) and humanitarian intervention are code terms. They’re cover for imperial ravaging. When is war not war? It’s when killing, terrorizing, and traumatizing victims is legitimized. It’s when lies substitute for truth. It’s when threats don’t exist so they’re created. It’s when fake objectives conceal real ones.

          America and Israel are warrior states. They’d rather fight than switch policies to peaceful ones. They’d rather eliminate rivals than cooperate diplomatically, politically and economically.

          Iran’s alleged nuclear threat is red herring cover for regime change by war if other methods fail.

          No matter that US intelligence and IAEA inspectors found no evidence of bomb-making development, production, or violations Nuclear Non-Proliferation Treaty (NPT) provisions.

          Occasional mainstream reports provide kernels of truth. Months earlier, Haaretz headlined “Mossad, CIA agree Iran has yet to decide to build nuclear weapon,” saying:

          Intelligence agencies have best information. They contradict warrior politicians itching for another fight. At times, they report accurately what warmongers don’t want to hear.

          Too bad it’s not all the time. Media scoundrels don’t hold them accountable when they and political hawks choose war as their policy of choice.

          Anti-Iranian threats are featured. On August 14, the London Guardian headlined “Israeli speculation over Iran strike reaches fever pitch,” saying:

          Talk may or may not signal policy. Nonetheless, “a blizzard of speculative articles (suggest) a military strike against Iran’s nuclear sites is imminent.”

          Weeks, not months, are mentioned. A Ma’ariv article mentioned a September 25 deadline. It’s when UN member states meet in New York for the General Assembly’s 67th session. It’s also Yom Kippur eve.

          Yedioth Ahronoth Hebrew language broadsheet is Israel’s most popular daily. Writers Nahum Barnea and Simon Shiffer are respected commentators. They said:

          “Insofar as it depends on Binyamin Netanyahu and Ehud Barak, an Israeli military strike on the nuclear facilities in Iran will take place in these coming autumn months, before the US elections in November.”

          At the same time, “(t)here is not a single senior official in the establishment – neither among the (IDF) top brass nor in the security branches, or even the president – who supports an Israeli strike at the moment.”

          Nonetheless, “Netanyahu assessed that this was empty talk. That Obama will not take action. Barak was less confrontational, but his conclusion was similar. He said that Israel could not entrust its security in the hands of a foreign state…The US can live with a nuclear Iran. Israel cannot.”

          Former Mossad head Ehraim Halevy said if he “was an Iranian, (he’d) be very fearful of the next 12 weeks.” Former Israeli military intelligence chief Aharon Zeevi Farkash said “(i)t seems to me that (an Israeli attack) could come in the near future, that is, weeks or a couple of months.”

          Others accuse Netanyahu and Barak of playing a dangerous game. One hopeful sign is that war plans are publicly debated.

          In “The Art of War,” Chinese general/strategist/philosopher Sun Tzu said “All warfare is based on deception.” Enemies aren’t alerted in advance.

          “Hence, when able to attack, we must seem unable. When using our forces, we must seem inactive. When we are near, we must make the enemy believe we are far away. When far away, we must make him believe we are near.”

          He also said “(l)et your plans be dark and as impenetrable as night, and when you move, fall like a thunderbolt.”

          Perhaps Israeli bombast is more bark than bite. If not, deception won’t be part of its strategy. Publicly, positions of both sides have been featured ad nauseam.

          Earlier Israeli wars weren’t pre-announced. Plans were secret until initiated. Discussions were held privately. Current openness won’t affect whether or not attacking Iran follows.

          Hopefully, it reflects lack of resolve rather than intent to commit to what neither side can win. Tiny Israel will be battered. Destroying or severely damaging its nuclear sites will irradiate the entire country and large parts of neighboring ones.

          Striking Iran’s nuclear facilities puts millions of Iranians at risk. Contamination assures current and future generational suffering. War casualties on both sides will pale compared to far greater numbers annually.

          Responsible leaders don’t take those risks. Sociopaths go where angels fear to tread. Consequences come later. They’re left for future officials to address. Radiation is unforgiving. So is other contamination too toxic to remediate.

          On August 20, Haaretz headlined “Mofaz demands clarifications from Netanyahu over his ‘intention to lead Israel to war with Iran,’ ” saying:

          Kadima party head Shaul Mofaz demanded an urgent meeting. “I ask that this meeting be convened without delay,” he said. He raised concerns about preparedness, US/Israeli relations, the IDF’s reserve strength, essential raw materials, other supplies, civil aviation, sea ports, evacuation of strategic facilities, and management of Israel’s strategic inventories.

          He accused Netanyahu, Barak, and likeminded ministers of “crossing red lines and neglecting the public discourse on the most intimate security-related issues.” He added that this conduct “has become customary for you and your government.”

          He stressed that attacking Iran’s nuclear facilities would achieve limited results at best. At the same time, it assures great “loss of life, grave damage to the home front, and deep erosion of Israel’s political situation. Such action is immoral and operationally illogical under the circumstances.”

          Mofaz has extensive military experience. He served both as Deputy Chief of General Staff and chief. He also was Ariel Sharon’s defense minister. His concerns can’t be dismissed out of hand.

          He accused Netanyahu of losing his senses and control. He added that hysteria he projects reflects “a grave picture illustrated by your true intentions at this time.”

          Mofaz is both military strategist and politician. He alone knows where one ends and the other begins. Opposition parties criticize for political advantage. Perhaps his comments reflect future electoral considerations, not real feelings or what he’d do as prime minister.

          Professor Francis Boyle is a recognized international law expert. He calls waging war on Iran a criminal act. Doing so is naked aggression. “The death toll from World War III will be incalculable,” he said. “Humanity must now allow our history to repeat itself! Otherwise, that could be the end to our Humanity.”

          When Obama says “all options are on the table,” he threatening possible nuclear war. Doing so is unconscionable madness. It’s also perhaps the highest form of criminality.

          Nuclear weapons and “nuclear deterrence (have) never been legitimate instruments of state policy but have always constituted instrumentalities of internationally lawless and criminal behavior,” Boyle explains.

          “If mass extermination of human beings is a crime,” so is threatening to do so. Article 2 of the UN Charter “prohibits both the threat and the use of force except” in self-defense. US wars don’t qualify. Nor will attacking Syria and/or Iran.

          America and Israel both are guilty of “ongoing international criminal activity.” At issue is “planning, preparation, solicitation, and conspiracy to commit Nuremberg crimes against peace, crimes against humanity, war crimes, and genocide” on a regional or world scale.

          In emails to this writer, Boyle added more, saying:

          “If there is war against Iran, it will be because the United States has decided to sacrifice the Israelis in order to accomplish its own imperial objectives in the Middle East.”

          He’s saying after both countries batter each other, America will grab easy pickings without waging war for them.

          At the same time, he stresses, war assures catastrophic consequences. “(T)ens of thousands of completely innocent civilian Iranians, Israelis, Palestinians, Lebanese, Syrians, and Gulf Arabs,” among others, will be affected horrifically “just for starters.”

          What madness, ambitions, or other reasons drives leaders to take these risks? Why would ordinary people with everything to lose and nothing to gain support them?

          What can reasoned ones do to stop them? React, stay informed, tell others, and agitate like hell to stop them.

  • the ragged trousered philanthropist

    Two years ago I began writing a book and titled it. “Get Off The Titanic Before It Sinks” subtitled “Some Thoughts On How a Poor Man Can Invest To Survive When The Global Economy Goes The Same Way”
    I realised we were living in an unsustainable world and were as vulnerable as the passengers on the Titanic. The mega rich survived, the poor were doomed. NB with a bit of “insider trading” JP Morgan did not even take up his booking! The likes of THEM know what’s going to happen and they know the global economy is about to sink and I now realise that if you’ve made no provisions then you are as likely to survive as most of the passengers and crew on the Titanic.
    However while websites such as yours exist we are in a position to find out how serious things really are and act and think for ourselves.
    By adopting a sensible positive approach nothing is impossible and even us in metaphorical “steerage class” can and will survive.
    Far from being despondent and depressed it has invigorated me, both intellectually and physically. I have had to research all the evidence to assure myself things are as bad as they seem and have found out more in the past 2 years than I did in the previous 60.
    However it will be interesting to see how long before TPTB severely restrict the internet.

  • Nexus789

    I guess they are taking a punt on the crisis they are collectively manufacturing. Not really a risk for these guys then. Pointless having lots of wealth if the world is trashed.

  • chiller

    ‘the plastic parts are getting weak after 11 years and the terminal needed the space‘….which in German translates into…. ‘the fake parts of the EU are getting weak after 11 years and Germany needs the money’.
    Air travel is way down with the sinking economy so the airport needing the space is a very transparent excuse. In my opinion, Germany has just left the building.

  • Hans

    The signs are there for all to see. The same principles apply, whether it be the smallest household or the biggest country in the world. If your loan repayments and expenses exceed your income, you are going down. If you spend more than you earn, you are going down. If you consume more than you produce, the same result follows.
    The worrying thing is that economists and the media houses want us to believe that all will be fine.
    To most people, two plus two equals four. It seems as if to politicians and economists, through the interaction of stable basic fundamentals, sound financial derivates and other such drivel it miraculously equals something like five hundred. The truth will eventually triumph.

  • GA

    Wow. Another outstanding fact-based article. Thanks Michael. Harbinger is the perfect word to describe these events. Everybody should be taking notice but most are ignorant. Those of us that are awake need to expedite our preparedness strategies and pay close attention to these signs. Whether its man-made or a natural disaster, it is up to us to be able to provide for ourselves. If a collapse of this magnitude is to happen you will not have any assistance. Check out for some basic preparedness strategies to assist in your preps. Research and educate yourselves then put a plan in place. Forget about placing blame as it is too far along for that. Think of yourself and your loved ones because that is all that will matter.

  • They say that the Euro will go down. but what about the USD? It will also fall! It is not backed by anything. It isn’t even mathematically possible to pay off the US-Debt…

  • Barn cat

    Yes, I’m prepared. I have a year’s supply of food and water. I have guns and ammo. A way to heat my home and cook my food without electricity. We have hundreds of candles. We have 5 gallon buckets for toilets with snap-on toilet seats, garbage bags to line them, and kitty litter to cover the smell. We have all of our savings in gold and silver. The collapse is coming soon.

  • Let’s not forget that the debtor prisons are being openly discussed again. In some cases, they are already operational, but not under the title of being debtor prisons If anyone has any doubts, just do a quick search on it. Russia Today’s report on them (in 2011) will definitely be a wake-up call to many.

    Hosea 4:6

  • Paranoid

    I used to think Ice Cream wasn’t part of my long term survival supplies. Now I’m not so sure.

  • RevNowWhileWeCan

    If all the countries are in “debt”, where’d all the money go???

  • TX4Life

    People need to wake up, register to vote, and……vote. Buy us a little more time for prepping by electing someone who will create a stable environment for businesses so they in turn will hire.

  • JAH666

    Not that I don’t believe or appreciate what’s said in this article, but I want to play devils advocate for a moment. The three men that are the main subject of this piece: Rothschild, Paulson and Soros are multi-billionaires and as said very savvy about world finance and macroeconomics. That said, the positions they have taken and that have become public knowledge of late are just that: hedge positions. Yes, the amounts are significant percentages of their overall holdings, and they are staggering amounts to people like me. But these men are taking a position on a “possible outcome” that they want to profit from. They are the ultimate ambulance chasers in the financial world. Soros once bet heavily in positions against the British Pound Sterling, let it be widely known and then waited for the rumor mill to do the rest. When the Pound plummeted, he profited BIG. These men and thousands like them the world over care nothing for the little people, the pursuit of mega-bucks is an all consuming drive and passion for them. IF the world economic situation crumbles, they want to be in the best position to profit from that scenario and to hell with the billions of people that will lose everything in the chaos. The large purchases of gold are just another hedge position for nations and billionaires, except that nations are going to need gold to trade for commodities if the SHTF. All little people like us can do is prep the best we can and keep reading sites like this one.

  • NorthernCanuck

    Perhaps they know what these THESE US government agencies know, too?

    “Major General: Why Are Domestic Government Agencies Purchashing Enough Lethal Ammunition to Put 5 Rounds In Every American?

    Submitted by George Washington on 08/20/2012 11:40 -0400

    Preface: There might be an innocent explanation. But given recent trends, this is worrisome.

    Retired Major General Jerry Curry wrote Friday:

    “The Social Security Administration (SSA) confirms that it is purchasing 174 thousand rounds of hollow point bullets to be delivered to 41 locations in major cities across the U.S.


    Those against whom the hollow point bullets are to be used — those causing the civil unrest — must be American citizens; since the SSA has never been used overseas to help foreign countries maintain control of their citizens.

    What would be the target of these 174, 000 rounds of hollow point bullets? It can’t simply be to control demonstrators or rioters. Hollow point bullets are so lethal that the Geneva Convention does not allow their use on the battle field in time of war. Hollow point bullets don’t just stop or hurt people, they penetrate the body, spread out, fragment and cause maximum damage to the body’s organs. Death often follows.

    Potentially each hollow nose bullet represents a dead American. If so, why would the U.S. government want the SSA to kill 174,000 of our citizens, even during a time of civil unrest?


    If this were only a one time order of ammunition, it could easily be dismissed. But there is a pattern here. The National Oceanic and Atmospheric Administration (NOAA) has ordered 46,000 rounds of hollow point ammunition. Notice that all of these purchases are for the lethal hollow nose bullets. These bullets are not being purchased and stored for squirrel or coyote hunting. This is serious ammunition manufactured to be used for serious purposes.

    In the war in Iraq, our military forces expended approximately 70 million rounds per year. In March DHS ordered 750 million rounds of hollow point ammunition. It then turned around and ordered an additional 750 million rounds of miscellaneous bullets including some that are capable of penetrating walls. This is enough ammunition to empty five rounds into the body of every living American citizen. Is this something we and the Congress should be concerned about? What’s the plan that requires so many dead Americans, even during times of civil unrest? Has Congress and the Administration vetted the plan in public.


    All of these rounds of ammunition can only be used to kill American citizens, though there is enough ammunition being ordered to kill, in addition to every American citizen, also every Iranian, Syrian or Mexican. There is simply too much of it. And this much ammunition can’t be just for training, there aren’t that many weapons and “shooters” in the U.S. to fire it.


    We have enough military forces to maintain law and order in the U.S. even during times of civil unrest.


    This is a deadly serious business. I hope I’m wrong, but something smells rotten. And If the Congress isn’t going to do its duty and investigate this matter fully, the military will have to protect the Constitution, the nation, and our citizens.”

    Why are government agencies doing this?

    Major General Curry asks a troubling questions:

    “We have local police, backed up by each state’s National Guard, backed up by the Department of Defense. So in addition to all these forces why does DHS need its own private army? Why do the SSA, NOAA and other government agencies need to create their own civilian security forces armed with hollow nose bullets?”

    This may sound like a conspiracy theory …

    But remember that Senator Daniel Inouye said in 1987:

    “There exists a shadowy Government with its own Air Force, its own Navy, its own fundraising mechanism, and the ability to pursue its own ideas of national interest, free from all checks and balances, and free from the law itself.”

    The Federal Reserve – which is not exactly federal (and see this)- also has its own police force. See this and this.

    Chalmers Johnson called the CIA the President’s private army.

    But that’s nothing compared to JSOC. As John Glaser wrote in February:

    “For the past decade, we’ve seen the rise of a secret, unaccountable U.S. military force … Joint Special Operations Command (JSOC) is an unwieldy private army at the command of the President, and him only. And they conduct military and spy missions all over the world, never receiving formal congressional approval ….

    “Without the knowledge of the American public,” wrote Nick Turse back in August, “a secret force within the U.S. military is undertaking operations in a majority of the world’s countries. This new Pentagon power elite is waging a global war whose size and scope has never been revealed.” According to a recent Congressional Research Service report, JSOC forces “reportedly conduct highly sensitive combat and supporting operations against terrorists on a world-wide basis.” As the New York Times this week reported:

    The Special Operations Command now numbers just under 66,000 people — including both military personnel and Defense Department civilians — a doubling since 2001. Its budget has reached $10.5 billion, up from $4.2 billion in 2001 (after adjusting for inflation).Over the past decade, Special Operations Command personnel have been deployed for combat operations, exercises, training and other liaison missions in more than 70 countries. Since the invasion of Iraq in 2003, Special Operations Command sustained overseas deployments of more than 12,000 troops a day, with four-fifths committed to the broader Middle East.

    JSOC operates outside the confines of the traditional military and even beyond what the CIA is able to do.


    But it goes well beyond the war zones. In concert with the Executive’s new claims on extra-judicial assassinations via drone strikes, even if the target is an American citizen, JSOC goes around the world murdering suspects without the oversight of a judge or, god forbid, granting those unfortunate souls the right to defend themselves in court against secret, evidence-less government decrees about their guilt. As Pulitzer Prize winning journalist Seymour Hersh said at a speaking event in 2009:

    Congress has no oversight of it. It’s an executive assassination ring essentially, and it’s been going on and on and on.


    Under President Bush’s authority, they’ve been going into countries, not talking to the ambassador or the CIA station chief, and finding people on a list and executing them and leaving. That’s been going on, in the name of all of us….

    [Marc Ambinder told Wired]:

    There are legal restrictions on what the CIA can do in terms of covert operations. There has to be a finding, the president has to notify at least the “Gang of Eight” [leaders of the intelligence oversight committees] in Congress. JSOC doesn’t have to do any of that. There is very little accountability for their actions. What’s weird is that many in congress who’d be very sensitive to CIA operations almost treat JSOC as an entity that doesn’t have to submit to oversight. It’s almost like this is the president’s private army, we’ll let the president do what he needs to do.”

    An End-Run Around the Constitution?

    Remember, we’ve gone from a nation of laws to a nation of powerful men making laws in secret. A nation where Congressional leaders themselves aren’t even allow to see the laws, or to learn about covert programs. A nation where Congressmen are threatened with martial law if they don’t approve radical programs.

    National security powers are being used to help big business, to the detriment of the American people.

    Veterans returning from the front lines are labeled “potential terrorists”, to the horror of both the Republican and Democratic leadership.

    This is not surprising, given that tyrannical regimes always crumble when the footsoldiers refuse to carry out draconian measures.

    Indeed, active duty military personnel are big Ron Paul supporters. And see this. Because liking Ron Paul – as well as liking liberty or the Founding Fathers – may get one branded as a potential terrorist these days, there may be some friction between active military folks and the government as well.

    We’ve been in a continuous state of National Emergency for 11 years. The Constitution has so thoroughly been shredded that it – literally – unclear whether we are still living in a constitutional form of government.

    Because military folks are sworn to defend the Constitution, many still would not allow the imposition of overt, full-scale fascism without a fight. See this and this.

    As such, Major General Curry’s speculation is chilling, indeed:

    “Is the purpose [of the lethal ammunition purchases] to kill 174,000 of the nation’s military and replace them with Department of Homeland Security (DHS) special security forces, forces loyal to the Administration, not to the Constitution?” ”

  • john719

    With gold already being so high right now, is it possible the price is being artifically inflated so some gold controlling entity can flood the market with cheap gold and buy it all back at a reduced price?

  • John Jackson

    Amazing times indeed. Michael, thanks again for this wealth of knowledge and transparency regarding these unprecedented times. I believe that this is a time where many can thrive if they make the right moves now:

  • Karen

    If you haven’t yet seen this awesome video you need too. Why in the world are they spraying.

  • Buzzy Watts

    The rich know what’s about do go down. So does the working class. The only people who don’t seem to know are the educated and informed members of the middle class.

  • 005

    The question is when?
    Everyday seems to have huge catastrophic news items, after a while, you almost want it to just start and be done with it.
    However, that’s not a good viewpoint to have.
    I guess you can call it ” Apocalypse

  • TooLittleTooLate

    I’d not bet against Soros, Paulson and that ilk….

    On the velocity of money, I’d bet that all the money printing ( the tripling of our money supply ) has had something to do with that chart.

    Regardless, we’re in DEEP trouble on a global scale never seen by anyone living on earth today.

    My uncle reciently passed away and he was a WWII Vet that went into the S. Pacific in 1943…. One thing he used to tell me was this: “I’ve lived through some good times and bad ones…. after WWII, this country has only had good times but, I think that may be changing.”

    He lived through the depression…. He remembered my grandmother feeding hobos and how they’d mark the house as being one where they could get a meal in exchange for some work. He remembered WWII…. He remembered where getting a pair of socks for Christmas was about the best thing ever. He remembered going to his grandparents farm where my great grandfather would always have something for them… He always grew melons for the kids… cotton was the main crop but, he grew popcorn, melons etc. for the family too.

    I’m afraid those may have been the good old days with what we’re going to be contending with shortly except we won’t have grandparents with a family farm and a garden and root cellar.

    Reading the news today, Sept. Oct. may be some interesting times…. Israel is rattling their sword…. If they strike BEFORE the election, they have a better chance in being backed by the US. in the case our current POTUS gets re-elected. If he gets re-elected, he won’t be worried about an upset electorate so much…. Before the election, if he were to back Israel’s actions, it may even sway the independent vote a bit in his favor…. Afterall, few sitting presidents lose elections after taking military action over a known enemy.

    These are interesting times…. put on your seatbelts!!!!

    • Mal R.

      Hobo Codes

      My son and I have made use of these in case of some emergency and I have to come get him from school or go find him. We have used these and modified them for our use.

  • Sha Ren

    Will we need more than
    3 RAT Sized Life Jackets ~ Coming UP !!!

  • Tom Bryon

    Americans are a bunch of stupid animals easy to manipulate and subdue. The sooner the economy collapses the better, so these brutes will finally learn NOT to live beyond their means.

    • lee

      sorry Tom, thats not just Americans; most of the European countries are in the same boat.

      about the only people that figured out it was a fools paradise were the Canadians, they’ve been cutting taxes and restricting banks from going hog wild.

      i think we’re about to find a lot of US jobs going to Canada in the next few years.

      • NorthernCanuck

        Thanks for the kind words. Lee :). I’m not so sure about the US jobs coming to Canada, though – it’s still far, far cheaper for US corporations to ship them off to China.

        On the bank issue – the major Canadian banks (which are both national in scope and fairly conservative in operation) saw the subprime calamity looming and quickly got together with the federal government to work out a scheme whereby that risky paper could be quickly converted into 20-year debentures (by which time the crisis would be far behind us and property values would have been protected). So Canada swiftly and neatly dodged the subprime bullet.

        If there’s anything good about living in a vast country with a small population and a clear recollection of the British-style “old boys network” among its governing elite, it’s that vital decisions like this can be taken here quickly and relatively informally, on the basis of a face-to-face “understanding”, and with relatively little “upsetting” publicity. That has its potentially bad side as well as the good, but in this case it worked smoothly and well and kept international confidence in Canadian banks (and Canada’s currency) high.

  • 1stVArifleman

    I’ve been preparing for this for about 2.5-3 years now. My family and many friends think I’m crazy. However if you know anything about financial history you know to follow the established money and they will light the way.

    Here are some famous quotes by or about the Rothschilds over the years. I will admit many are considered not to be accurate by the Rothschild family themselves. Even if they are not they still illustrate you how corrupt and despotic these usurers truly are.

    “Let me issue and control a nation’s money and I care not who writes the laws.”
    Mayer Amschel Rothschild

    “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.”
    Nathan Mayer Rothschild

    “Either the application for renewal of the charter [for the 1st Bank of the United States] is granted, or the United States will find itself involved in a most disastrous war.” [War of 1812].
    Nathan Mayer Rothschild

    “Teach those impudent Americans a lesson. Bring them back to colonial status.” [Following the refusal of James Madison to renew the First Bank of the United States Charter.]
    Nathan Mayer Rothschild

    “[Nathan Mayer Rothschild is] the Lord and Master of the money markets of the world, and of course virtually Lord and Master of everything else. He literally held the revenues of Southern Italy in pawn, and Monarchs and Ministers of all countries courted his advice and were guided by his suggestions.”
    Benjamin Disraeli [Prime Minster of Great Britain]

    “The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.”
    Lord Acton

    “Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.”
    Sir Josiah Stamp [Head of the Bank of England, beginning of the 20th Century]

    “The Rothschilds can start or prevent wars. Their word could make or break empires.”
    Chicago Evening America 1923

    “The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities states and nation. At the head is a small group of banking houses generally referred to as ‘international bankers.’ [THE ROTHSCHILD FAMILY!] This little coterie… runs our government for their own selfish ends. It operates under cover of a self-created screen…[and] seizes…our executive officers… legislative bodies… schools… courts… newspapers and every agency created for the public protection.”
    John F Hylan

    “The Rothschilds, and that class of money-lenders of whom they are the representatives and agents – men who never think of lending a shilling to their next-door neighbors, for purposes of honest industry, unless upon the most ample security, and at the highest rate of interest – stand ready, at all times, to lend money in unlimited amounts to those robbers and murderers, who call themselves governments, to be expended in shooting down those who do not submit quietly to being robbed and enslaved.”
    Lysander Spooner

    “And the men who loan money to governments [mainly the Rothschild family], so called, for the purpose of enabling the latter to rob, enslave, and murder their people, are among the greatest villains that the world has ever seen. And they as much deserve to be hunted and killed (if they cannot otherwise be got rid of) as any slave traders, robbers, or pirates that ever lived.”
    Lysander Spooner

    “The few who could understand the system will either be so interested in its profits, or so dependent on its favors, that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.”
    John Sherman (American Rothschild agent, in support of the National Banking Act, 1863)

    “Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion…when you see that in order to produce, you need to obtain permission from men who produce nothing…when you see your laws don’t protect you against them, but protect them against you…when you see corruption being rewarded and honesty becoming a self-sacrifice…you may know that your society is doomed.”
    Ayn Rand- “Atlas Shrugged”

    “The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalistic fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank…sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.”
    Dr. Carol Quigley-“Tragedy and Hope”

    Famous Quotes about Banks by the American Founders/Framers:

    “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
    Thomas Jefferson
    [*Jefferson’s true quote: “The system of banking [is] a blot left in all our Constitutions,
    which, if not covered, will end in their destruction…
    I sincerely believe that banking institutions are more dangerous
    than standing armies; and that the principle of spending money to
    be paid by posterity… is but swindling futurity on a large scale.”]

    “History records that the money changers [(bankers)] have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance.”
    James Madison

    “If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.”
    George Washington

    “No generation has a right to contract debts greater than can be paid off during the course of its own existence.”
    George Washington

    “No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.”
    George Washington

    “The refusal of King George III to allow the colonies to operate an honest money system. Which freed the ordinary man from the clutches of the money manipulations was probably the prime cause of the revolution.”
    Ben Franklin

    “All the perplexities, confusion and distresses in America arise not from defects in the Constitution or confederation, nor from want of honor or virtue, as much from downright ignorance of the nature of coin, credit, and circulation.”
    John Adams

    “Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good.”
    John Adams

    Famous American admitting they made a mistake:
    “We have stricken the shackles from 4,000,000 human beings and brought all labourers to a common level, but not so much by the elevation of former slaves as by reducing the whole working population, white and black, to a condition of serfdom. While boasting of our noble deeds, we are careful to conceal the ugly fact that by our iniquitous money system we have manipulated a system of oppression which, though more refined, is no less cruel than the old system of chattel slavery.”
    Horace Greeley (adviser to President Lincoln, and Presidential Candidate against Grant)

    “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”
    Woodrow Wilson

    Long Live the Constitutional Republic!
    Sic Semper Tyrannis!

    Fortune Favors the Brave:
    “And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the money changers, and the seats of them that sold doves, and said unto them, ‘It is written, My house shall be called the house of prayer; but ye have made it a den of thieves.’”
    Yeshua/Jesus of Nazareth: Holy Bible, Mathew 21: 12-13

    “Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out and by the grace of the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.”
    Andrew Jackson

    “The money powers prey upon the nation in times of peace and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies all who question their methods or throw light upon their crimes. I have two great enemies, the Southern Army in front of me, and the financial institutions in the rear. Of the two, the one at my rear is my greatest foe.”
    Abraham Lincoln

    “Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”
    James Garfield [“I love agitation and investigation and glory in defending unpopular truth against popular error….A brave man is a man who dares to look the Devil in the face and tell him he is a devil.”]

    “The high office of the President has been used to foment a plot to destroy the American’s freedom and before I leave office, I must inform the citizen of this plight.”
    John F Kennedy

    “I want to talk about our common responsibilities in the face of a common danger. The events of recent weeks may have helped to illuminate that challenge for some; but the dimensions of its threat have loomed large on the horizon for many years. Whatever our hopes may be for the future–for reducing this threat or living with it–there is no escaping either the gravity or the totality of its challenge to our survival and to our security–a challenge that confronts us in unaccustomed ways in every sphere of human activity.
    The very word secrecy is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions. Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon by those anxious to expand its meaning to the very limits of official censorship and concealment. That I do not intend to permit to the extent that it’s in my control. And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know.
    For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covet means for expanding its sphere influence: on infiltration instead of invasion, on subversion instead of election, on intimidation instead of free choice, on guerillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit highly efficient machine that combines military, diplomatic, intelligence, economic, scientific, and political operations. Its preparations are concealed not published; its mistakes are buried not headlined. Its dissenters are silenced not praised. Not expenditure is questioned no rumor is printed no secrets revealed.”
    John F Kennedy

    “What is needed here is a return to the Constitution of the United States. We need to have a complete divorce of Bank and State. The old struggle that was fought out here in Jackson’s day must be fought over again… The Federal Reserve Act should be repealed and the Federal Reserve Banks, having violated their charters, should be liquidated immediately. Faithless Government officers who have violated their oaths of office should be impeached and brought to trial. Unless this is done by us, I predict that the American people, outraged, robbed, pillaged, insulted, and betrayed as they are in their own land, will rise in their wrath and send a President here who will sweep the money changers out of the temple.”
    Louis McFadden

    *All these men, besides Andrew Jackson, were killed for their actions against the money changers. Jackson luckily lived through the assassination attempt on his life, due to the fact that it was a humid day and both flint lock pistols misfired. Immediately following the attempt, Davy Crockett, Jackson’s associate, and Jackson put a devil of a whipping on that Rothschild SOB.

    • NorthernCanuck

      Nice collection of quotes, 1stVArifleman. Let me add these :):

      “Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the people.” – Theodore Roosevelt

      “Since I entered politics, I have chiefly had men’s views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.” – President Woodrow Wilson (in The New Freedom, 1913)

      “…it is a government by the corporations, for the corporations.” – Rutherford B. Hayes,”

      “But that’s the whole point of corporatism: to try and remove the public from making decisions over their own fate, to limit the public arena, to control opinion, to make sure that the fundamental decisions that determine how the world is going to be run —which include production, commerce, distribution, thought, social policy, foreign policy, everything—are not in the hands of the public, but rather in the hands of highly concentrated private power. In effect, tyranny unaccountable to the public.” — Professor Noam Chomsky, interviewed in Corporate Watch

      “The real rulers in Washington are invisible, and exercise power from behind the scenes.”- Felix Frankfurter, Supreme Court Justice

      “The world is governed by very different personages from what is imagined by those who are not behind the scenes.”- Benjamin Disraeli, first Prime Minister of England, in a novel he published in 1844 called Coningsby, the New Generation

      “Great nations are simply the operating fronts of behind-the-scenes, vastly ambitious individuals who had become so effectively powerful because of their ability to remain invisible while operating behind the national scenery.”- Buckminster Fuller, Critical Path

      “We hang the petty thieves and appoint the great ones to public office.” – Aesop

      “For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidentsÉto attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as “internationalists” and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.” – David Rockefeller, Memoirs

      President Woodrow Wilson: 1916 “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

      Winston Churchill: 1920 “From the days of Spartacus-Weishaupt to those of Karl Marx, to those of Trotsky, Bela Kun, Rosa Luxembourg, and Emma Goldman, this world wide conspiracy for the overthrow of civilization and for the reconstitution of society on the basis of arrested development, of envious malevolence and impossible equality, has been steadily growing. It played a definitely recognizable role in the tragedy of the French Revolution. It has been the mainspring of every subversive movement during the nineteenth century, and now at last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their heads, and have become practically the undisputed masters of that enormous empire.”

      President Franklin Roosevelt: Nov. 21, 1933, “The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the government since the days of Andrew Jackson.”

      Mikhail Gorbachev: Nov. 2, 1987 addressed the Soviet Politburo: “In October 1917, we parted with the old world, rejecting it once and for all. We are moving toward a new world, the world of Communism. We shall never turn off that road!? He further reassures his Communist colleagues: Comrades, do not be concerned about all that you hear about glasnost and perestroika and democracy in the coming years. These are primarily for outward consumption. There will be no significant internal change within the Soviet Union other than for cosmetic purposes. Our purpose is to disarm the Americans and let them fall asleep.”

      “War to the hilt between communism and capitalism is inevitable. Today of course, we are not strong enough to attack. Our time will come in 20 or 30 years…The Bourgeoisie will have to be put to sleep. So we shall begin by launching the most spectacular peace movement on record. There will be electrifying overtures and unheard of concessions. The capitalist countries, stupid and decadent, will rejoice to cooperate in their own destruction. They will leap at another chance to be friends. As soon as their guard is down, we shall smash them with our clinched fist.” – Dimitry Z. Manuilsky in a speech made in 1931 before the Lenin School of Political Warfare. (He became an officer of the U.N. Security Council in 1949)

      “We must realize that we cannot co-exist eternally. One of us must go to his grave. We do not want to go to the grave. They do not want to go to the grave, either. So what can be done? We must push them to their grave.” — Sewren Bailer, a polish communist leader, who defected to the west, charged that in April, 1955 Khrushchev said this to a group of Warsaw Communists.

      David Rockefeller Sept. 23, 1994 “This present window of opportunity, during which a truly peaceful and interdependent world order might be built, will not be open for too long — We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”

      “[The New World Order] cannot happen without U.S. participation, as we are the most significant single component. Yes, there will be a New World Order, and it will force the United States to change it’s perceptions.” — Henry Kissinger, World Affairs Council Press Conference, Regent Beverly Wilshire Hotel, April 19th 1994

      “We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.” — Statement made before the United States Senate on Feb. 7, 1950 by James Paul Warburg

      “We are not going to achieve a new world order without paying for it in blood as well as in words and money.” – Arthur Schlesinger, Jr., in Foreign Affairs (July/August 1995)

      “The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities, states and nation.”– Mayor (1918-1925) John F. Hylan of New York.

      “In the first public declaration on the Jewish question since the outbreak of the war, Arthur Greenwood, member without portfolio in the British War Cabinet, assured the Jews of the United States that when victory was achieved an effort would be made to found a new world order based on the ideals of ‘justice and peace.'” -excerpt from article entitled “New World Order Pledged to Jews,” in the New York Times (October 1940)

  • Mr. Jude Hurin

    These three wealthy people are not betting on the collapse, they are planning it behind the scenes. Their master is satan and their destruction is coming soon, IF they continue to follow darkness. I pray even for these people to be saved by the precious and holy blood of my Lord, King, and Saviour Jesus Christ.

    • lisa


    • Anastasia


    • Bob

      Amen #3

    • Mondobeyondo

      Ditto! I mean fax machine! Never mind, I’m showing my age.
      Let’s try “iPhone text that!”

    • I like your giving of honor to the Highest. It suggests to me that you are closer to being a true Christian than ninety-nine percent of all the so called “Christians” in this country. However in charity I must warn you that close is not enouugh and that there is no such thing as a non-Catholic Christian and you are not a Catholic if you support the watered down “Catholicism” prophesied counter church known as the Vatican 2 sect which occupies all the buildings that used to hold the true Catholic Church. If you want to know more you have to go the most important and basically only authentically Christiian site on the net. It is They are the only ones defending the traditional Catholic faith against the Counter church and telling the fearless truth about all the most important topics religious and secular.

  • Chestertonian

    Just to keep things rational and logical, perhaps it would be wise to analyze the long-term pattern of investments of these three men. We should take their recent investments as evidence of an impending crash only if it is found that these recent investments in gold and against the euro are markedly atypical of them. How were they investing three, five, ten years ago?

  • none

    GOOD NEWS: Michael

    Remember about a week ago. When you where writing about how the “China firms are quitting the American stock markets”?

    The Journal Gazette up here in Fort Wayne, Indiana finally reported it this Sunday. On the cover of there Business section.

  • erheault

    the upside down pyrimid of government interference and wars eventually would of toppled anyway, it is just happening faster than was expected so our crash will happen no matter who or what is elected.

  • circlesolar

    Don’t worry the dollar will collapse first.
    Europe is much, much older than the US.
    America is not much more than an experiment to them.
    The focus will be on Asia the next decades.
    Us will be abused one last time, to fight there wars in the middle east, after that you are on you’re own.
    Those who invested in the new world are like locust, once a field is exhausted, they turn to new green pastures.

    • Mal R.

      “Don’t worry the dollar will collapse first.” No, it wont. The Euro is in meltdown already. Their still playing ponzi scams bailing each other out, trying to bide hteir time.

      “Europe is much, much older than the US.” I’m not sure what you’re talking about. The land is the same age and their govt and money are NOT as old as ours. America has the longest running govt on the planet – but give the democrats time, they’re almost there.

      “America is not much more than an experiment to them.” Aside from that being a ridiculous statement, their opinion matters for what exactly?

      “The focus will be on Asia the next decades.” And South America and India.

  • Stella

    what about the iraqui daniri? i have been hearing some hopeful things about it.

  • Mr. G


    I think anyone with a lick of sense knows disaster of all sorts is coming. It may take a while, but humanity is on a path it can’t keep treading.

    You should do an article about the Brandon Raub case ASAP so that we can all comment on it. I am not clear on the facts anyhow and you have a knack for finding the right tidbits and links.

    Mr. G

    • Michael

      Mr G:

      I am very, very disturbed by the Brandon Raub case.

      Very disturbed.

      I didn’t bring up that case during my interview on TruNews today, but we did discuss similar themes….


  • J

    before I came to this site I surfed the porn sites looking for american made pornography , there was alot of it , and it seems to me that our collapse is proportional to our moral decline , I went to the other extreme and read the Bible , Revelations Chapter 3 verse 7 thru 13 ,we are the Church of Philadelphia, Can the people who say that they are jews and are not they are from the synagog of satan BE THE( BANKERS ), who were subject to Us until we let them take away the Ten Commandments and prayer out of schools , now we are subject to them , To restore the Constitution we need righteous indignation and for righteous indignation we need the blessings of an all mighty God , Get the picture.

  • “”Thus says The Lord of Hosts to all the sons and daughters of this, the last generation of men: You have all inherited the error of your fathers! You have altogether become like them! Behold, you have surpassed the sins of ancient Egypt, when I poured out My wrath upon them! Your wickedness has increased beyond every tribe, people, and nation, which has dwelled upon the earth!… THIS GENERATION IS WICKED BEYOND MEASURE!
    Thus great wrath is stirred up and My indignation has come to the full! My anger is fully aroused and shall surely be poured out!… RECOMPENSE for all nations! RECOMPENSE for all these churches of men who have spoken presumptuously in My name! RECOMPENSE for all these corrupt workers who have done falsely on My behalf!… I HAVE NOT SENT YOU!
    And you, O peoples of the earth, I have seen how you perform every form of evil at your leisure! You cease not from reveling in that which I hate! Behold, you murder the innocent day and night and plot evil against your neighbor! You stand up for the rights of those who commit abomination and clap your hands as wickedness is celebrated openly in the streets!… O MOST PERVERSE AND ABOMINABLE GENERATION, SHALL I NOT REPAY?!
    Behold, My body is persecuted in every land, and My bride is murdered at the hands of idolators! My people are bruised and beaten! My servants slandered and hated, without cause! Therefore I am come down to take vengeance, to pour out wrath upon this people for all their wickedness!… I SHALL IMPART RECOMPENSE IN FULL!””

    Hear the WORD of the LORD spoken to THIS modern generation!…

    Letters from God and His Christ, given to a modern man for modern man’s sake!…

    • Paula New Zealand

      Well said. and true. !
      and when God servants went to the church leaders we were told we were of the Jezebel spirit, and yet they were the ones who were leading Gods people into adultry with other gods and their flesh.
      They had the Jezebel spirit while rejecting those whom the Lord sent to warn and correct them.
      God is not only SHAKING the nations, he is also SHAKING the people who
      say they are His and yet he sent them not.
      Do not fear, for the Lord is faithful and when these trials and triublations come upon you, as they did with Job, those who are His will stand, and the others will fall away into more apostacy,
      unless they humble themselves and REPENT>.

  • Washington
  • Michelle

    This is a very interesting turn of events, but not the way one might think. These people are buying up up these precious metals making the supply go down therefor prices go up. They have their millions of dollars worth. Now people watching what they are doing are panicking and following suit, yelling the sky is falling the sky is falling. The prices for these metals will soar to an REDICULOUS price .. Now guess whos selling their gold shares? It’s all planned, and people who are watching these qua zillionaire think they know something we don’t. They do! Buy low, sell high. This is all fueled, orchestrated by them, and will end with them. It’s planned people. They’ll sell their stocks but the physical gold stays in their greedy , pray on the weak, hands.

  • Michelle

    PS of course their betting. Ever see that movie Brewster s. millions. CAUSE AND EFFECT

  • Mondobeyondo

    Here’s one of those comedic line worthy of Steve Martin or George Carlin:

    “These days, it seems like everyone’s broke. You’re broke. Your friends are broke. Your city or town has no money. Your state has no money. The federal government has no money. But the Federal Reserve keeps printing money non stop. Sounds to me like someone’s got some money!!

    There is only one question… If I’m not rich, and you’re not rich, and the city, county, state and federal governments aren’t rich – then – WHO’S GOT ALL THE MONEY??!”

    The answer is pretty obvious, if you think about it…

  • sue

    Look up the site “the warning second coming.” Jesus is appearing to the writer and telling people to prepare.

  • Mondobeyondo

    Just when you thought things were getting better (HA!!!) – here comes this little gem courtesy of Zero Hedge…

    I’m going to have a nightmare tonight just looking at that “velocity of money” chart. As if I haven’t had enough sleepless nights already!! That nosedive during the past decade is unprecedented. Even the famous diver Greg Louganis couldn’t dive like that. Yikes!!

    But you know what’s really strange? Not a single word of this was mentioned on the “Good Morning America” program this morning. And I watched the entire broadcast. (Can’t speak for the “Today” show on NBC. They might have mentioned it. But I really, really doubt it!)

    Baby, this baby’s sinking fast, baby! Baby, baby baby! (Hat tip to Justin Bieber!!)

    • Michael

      Great comment Mondo.

      And here is a warning: if you do listen to that Justin Bieber song enough (or if you have a young relative that has a doll that plays that same clip over and over) it will get stuck in your head.


  • George

    Something weird is happening in the derivatives market, which is really a high stakes casino. Gold is now being accepted as collateral. See, Why? Could it be that other forms of collateral supporting the derivatives market are beginning to be considered suspect? That’s what happened in 2008 when the mortgages backing “mortage backed securities” became suspect. The mortgages were the collateral for the securities.

    While no one knows what collateral actually backs the derivatives market today, we do know that collateral is routinely “rehypothecated” multiple times in that market. Gold, on the other hand, cannot be collateralized more than once. If there is a loss of faith in the collateral supporting the derivatives market beginning, then the Rothschild/Paulson/Soros move makes a lot of sense. If there is a major disruption in the derivatives market for some reason, gold may be the only collateral whose value is assured. Other types of collateral could be subject to multiple, competing claims (think MF Global) but not gold in storage.

    • Michael

      That is very strange.

      Thanks for posting that.


  • Me

    7 billion people cannot live independently off the system.

    There isn’t enough arrable land using conventional crop techniques, and there aren’t enough resources.

    Who do you “trade with for non-essentials” when everyone is a cave man too?

    Maybe 15%-20% at a stretch could pull it off. Maybe. On a good day.

    Then it is war we are talking about, isn’t it?

  • Fierce

    Not sure what’s the big deal about Soros and Paulson buying the ETF GLD. It’s just a hedge. They need to hedge their position in currency bets or equity positions.

    If they really thought of a collapse then they would be accumulating physical. Also look at Paulson’s YTD return and see how much he has lost so far this year. It’s staggering. To follow this guy is like buying Facebook at 42 right at the open.

  • Louise in MO


    I finished this article and comments and went to Google and looked up Brandon Raub.

    Shocked is the best word to explain my reaction. So where did the suposed “complaints” come from that precipitated the police coming to his door. Sounds like the Secret Police or the KGB to me!

    So, in the “Land of the Free” we are NO LONGER free to say what we think? And, just who are those who peruse the internet looking for “suspicious” postings?

    It brought back memories of Obama in his first year of office telling people to turn in their neighbors if they were making negative comments about him or the federal government.

    Others have said this on this site and I have not really been convinced until now. We really are doomed! God help us!

    As a believer, I don’t think He will. There aren’t enough people left in this nation who are called by His name who will humble themselves and pray. There are mere handfuls here and there.

    • Michael

      It is true.

      But there is a Remnant.




  • Raz

    200 million dollars is less than pocket lint to Rothschild. Likewise 130 million to Soros. When Soros bets 4 billion or Rothschild bets 4 trillion call me

    • We need to KILL a few Rothschild SCUM & then they will listen to us!

  • I’ve been preparing too, with the skills I have in logic, in human communications internationally. The Greek people mentioned in the article show what I see is a correct response – pull communities together in sustainable life styles plus redirect law enforcement from government level to allow people to live via barter without taxation, without slavery. I have also developed plus distributed advancements in logic. The collapsing part of our familiar system is the Aristotlian binary part, however, much of the basic infrastructure still works the same way we already put it together. IE the new ternary logic system works on top of the old binary architecture. In the communities who pull together as the Greek people mentioned have done, the ones who have skills could still find some work. For example, responsive to, bringing a new convention to the world’s largest shipping countries for acceptance of the convention exemplifies something I normally do in fair trade, since due to logic, I relate locally to globally – as with plumbers, engineers or electricians, I expect locals for whom I work to pay me for work I do, even though my scope is global. For people unprepared for the crash, adjust how you think of money to accept payments in unconventional forms, for example, food, shelter, showers. Responding to the comments about the Rothschild family, maybe the issue used to be about control; from my own experience communicating via public information with members of the Rothschild family, the issue nowadays could be empathic listening together with forming win-win agreements, especially regarding payment for shared results. Cash moves slowly where fear exists however, information still moves fast nowadays, with reliable information being a form of money. The Banque Privée Edmond de Rothschild has debt restructuring skills which work, thus, although in binary logic full system collapse looks inevitable, were sufficient indebted countries or corporations to have their debts restructured by the skills of the Banque Privée Edmond de Rothschild (a painless process, by the way) maybe we could get money flowing before the convincing semblance of a pending crash.

    • NO!

      Put the fear of God into these SCUM & then you will get them to listen!

      We need to make their lives miserable!

      We need to have them looking over their shoulder, every minute!

  • David

    Must watch for everyone. There are more to it than you think what they have done to the country and beyond . .. . . . .Very disturbing indeed.

  • jack loach

    Pictet & Cie. Bank – list of crimes.

    1996 — Breach in London.
    2003 — FSA — States rogues operating in Pictet’s –London
    Office . Ivan Pictet said documents were forgeries but
    were lated proved to be genuine. Had documents held
    in London office destroyed. (hoping to hide crimes.)

    2007 — Japan. —- The Securities and Exchange Surveillance
    issued a recommendation that the Prime Minister and
    The Commissioner of the FSA to take disciplinary
    action against Pictet Asset Management. Japan Ltd.

    2008 — Dec. —Pictet Bank state — “ we have never chosen
    any funds linked to Madoff.”

    2011 — Madoff Trustees sue Pictet & Cie. For $156 Million.

    2011— Bank at centre of Bribery and money laundering case.
    Being sued for $350 million. ( In U.S.A.)

    2012.— April.– Geneva Bank Pictet used in Offshore Tax
    Scheme U.S. Authority states.

    2012.— July.– De- Spiegel — States– Pictet Bank uses a
    letterbox company in Panama and a tax loophole
    involving investments in London to gain German
    millionaires as clients.

  • GA

    Michael – Hmmm. Wonder how much money Paulson, Rothschild, and Soros mad over the past 24 hours. Europe printing and the Fed speaking of printing is driving gold up hard. Did they have inside info or did they orchestrate?

  • If I had a gun, I would shoot Rothschild, Soros & CO.

    Of all the innocent people in the world who die, prematurely, why is it that SCUM like Rothschild & Soros are allowed to breath?

    I would encourage all & every HUMAN being to shoot this SCUM, the first chance you get!

    They are only PARASITES!

  • jack loach

    Sods —–


    For almost two
    decades we have strived to get justice for the injustice we have
    suffered at the hands of a world renowned bank— PICTET & CIE.

    Two yorkshiremen
    both running their own small family businesses trying to resolve the
    problem by taking all the correct legal procedures to recover their

    The matter was
    raised in Parliament – twice– the FSA investigated the matter
    concluding that PICTET had rogues operating in their London Bank —
    but the rogues had left —saying no one left to prosecute.??? —–
    so there.

    We then
    approached the Financial Ombudsman Service. (FOS) — our case was
    dealt with by seven different people —- then our numerous E-Mails
    were ignored — nobody would speak to us ——-so there.

    We then asked the
    SFO ( Serious Fraud Office.) to investigate our case —- the
    criteria of our case ticked all their boxes. — we were instructed
    not to send them any documents/evidence.—— in fact they wrote to
    us advising us to go to the Citizen’s Advice Bureau.(CAB.)

    Richard Alderman
    the SFO boss —- who responded to our letter was the same man who
    would not investigate the “ Madoff” scandal or the “Libor”

    The MP’s
    committee —- said he was sloppy— and the SFO was run like “
    Fred Karno’s Circus” ——- so there.

    Our M.P.
    approached our local Chief Constable to investigate—– he was
    called—- Sir Norman Bettison— Chief Constable of West Yorkshire
    Police —- a force that made “ Dad’s Army” look like the S.A.S.
    They were inept – corrupt —malicious — from top to bottom. We
    were criminally dealt with by the Forces Solicitor—- the Head of
    the Economic Crime Unit —-and the Chief Constable —– so there.

    We were then
    advised to pass our complaint against West Yorkshire Police to the
    I.P.C.C. – which we did — they advised us to make our complaint
    to —- the West Yorkshire Police — we did with reluctance — all
    we got was abuse and obfuscation. —– so there.

    Sir Norman
    Bettison —- The Forces solicitor— and the Head of the Economic
    Crime —- have all been removed from their posts and facing criminal

    —— so there.

    We even sought
    justice through the Courts — culminating in a visit to the Court of
    Appeal-London.— On leaving the Courts of Appeal that day our
    barrister a “rising star” informed us — that if that was
    Justice then you can keep it. He quit the law and moved to Canada
    —– so there.

    A few years later
    we learned that one of the judges in our case at the Court of Appeal
    was related to a senior executive of the Pictet Bank —–so there.

    Pictet & Cie
    .Bank — voted private bank of the year 2013.

    Ivan Pictet —-
    Voted banker of the year 2012. —- the senior partner — lied on
    numerous occasions and had documents destroyed — also said genuine
    documents were forgeries. —– so there.

    Ivan Pictet in
    Oct. 2013 —- Given the Legion of Honour — but saying that —-
    honours were given to Hitler — Eichmann — Mussolini —Franco
    — he’s in fitting company. —-so there.

    RAPHAEL.Q.C. — Peters & Peters.London. They were the banks

    Raphael.Q.C. along with Ivan Pictet withheld crucial documents
    requested by the High Court —- the FSA —- and the police Fraud
    Squad. —-so there.

    Raphael.Q.C. became an Honorary Queens Counsellor in March. 2012.

    Raphael.Q.C. became a Master of the Bench in Nov.2012.

    An expert in
    Fraud —the Doyen of Fraud Lawyers. —– so there.

    This says a lot
    about Banks — the consensus of opinion is that they are highly paid
    “crooks” —- no wonder they voted Ivan Pictet banker of the

    Full Story.—-
    “google or Yahoo”




    Ivan Pictet/Monty

  • jack loach

    Sods —–


    For almost two
    decades we have strived to get justice for the injustice we have
    suffered at the hands of a world renowned bank— PICTET & CIE.

    Two yorkshiremen
    both running their own small family businesses trying to resolve the
    problem by taking all the correct legal procedures to recover their

    The matter was
    raised in Parliament – twice– the FSA investigated the matter
    concluding that PICTET had rogues operating in their London Bank —
    but the rogues had left —saying no one left to prosecute.??? —–
    so there.

    We then
    approached the Financial Ombudsman Service. (FOS) — our case was
    dealt with by seven different people —- then our numerous E-Mails
    were ignored — nobody would speak to us ——-so there.

    We then asked the
    SFO ( Serious Fraud Office.) to investigate our case —- the
    criteria of our case ticked all their boxes. — we were instructed
    not to send them

    documents/evidence.—— in fact they wrote to us advising us to go
    to the Citizen’s Advice Bureau.(CAB.)

    Richard Alderman
    the SFO boss —- who responded to our letter was the same man who
    would not investigate the “ Madoff” scandal or the “Libor”

    The MP’s
    committee —- said he was sloppy— and the SFO was run like “
    Fred Karno’s Circus” —– it was an office of fraud.—– so

    Our M.P.
    approached our local Chief Constable to investigate—– he was
    called—- Sir Norman Bettison— Chief Constable of West Yorkshire
    Police —- a force that made “ Dad’s Army” look like the S.A.S.
    They were inept – corrupt —malicious — from top to bottom. We
    were criminally dealt with by the Forces Solicitor—- the Head of
    the Economic Crime Unit —-and the Chief Constable —– so there.

    We were then
    advised to pass our complaint against West Yorkshire Police to the
    I.P.C.C. – which we did — they advised us to make our complaint
    to —- the West Yorkshire Police — we did with reluctance — all
    we got was abuse and obfuscation. —– so there.

    Sir Norman
    Bettison —- The Forces solicitor— and the Head of the Economic
    Crime —- have all been removed from their posts and facing criminal

    —— so there.

    We even sought
    justice through the Courts — culminating in a visit to the Court of
    Appeal-London.— On leaving the Courts of Appeal that day our
    barrister a “rising star” informed us — that if that was
    British Justice then you can keep it. He quit the law and moved to
    Canada —– so there.

    A few years later
    we learned that one of the judges ( Lord Justice.) in our case at the
    Court of Appeal was related to a senior executive of the Pictet Bank
    —–so there.

    The Ministry of
    Justice passed our case to Lord Myners to investigate — we would
    rather have had Mickey Mouse or Donald Duck do it. — to this day we
    don’t know

    —whether he did
    anything or not —- probably not — seeing that his wife was on the
    Pictet Prix Board.

    Pictet & Cie
    .Bank — voted private bank of the year 2013.

    Ivan Pictet —-
    Voted banker of the year 2012. —- the senior partner — lied on
    numerous occasions and had documents destroyed — also said genuine
    documents were forgeries. —– so there.

    Ivan Pictet in
    Oct. 2013 —- Given the Legion of Honour — but saying that —-
    honours were given to Hitler — Eichmann — Mussolini —Franco
    — he’s in fitting company. —-so there.

    RAPHAEL.Q.C. — Peters & Peters.London. They were the banks

    Raphael.Q.C. along with Ivan Pictet withheld crucial documents
    requested by the High Court —- the FSA —- and the police Fraud
    Squad. —-so there.

    Raphael.Q.C. became an Honorary Queens Counsellor in March. 2012.

    Raphael.Q.C. became a Master of the Bench in Nov.2012.

    An expert in
    Fraud —the Doyen of Fraud Lawyers. —– so there.

    This says a lot
    about Banks — the consensus of opinion is that they are highly paid
    “crooks” —- no wonder they voted Ivan Pictet banker of the

    It appears that
    crimes in the “establishment.” are honoured by their peers.


    Full Story.—-
    “google or Yahoo ”




    Ivan Pictet/Monty

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