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War Is Coming And The Global Financial Situation Is A Lot Worse Than You May Think

city skyscrapers clock time stopwatch seconds - public domainOn the surface, things seem pretty quiet in mid-July 2016.  The biggest news stories are about the speculation surrounding Donald Trump’s choice of running mate, the stock market in the U.S. keeps setting new all-time record highs, and the media seems completely obsessed with Taylor Swift’s love life.  But underneath the surface, it is a very different story.  As you will see below, the conditions for a “perfect storm” are coming together very rapidly, and the rest of 2016 promises to be much more chaotic than what we have seen so far. (Read More....)

The Dow And The S&P 500 Soar To Brand New All-Time Record Highs – How Is This Possible?

Stock Market Soaring - Public DomainThe Dow and the S&P 500 both closed at all-time record highs on Tuesday, and that is very good news.  You might think that is an odd statement coming from the publisher of The Economic Collapse Blog, but the truth is that I am not at all eager to see the financial system crash and burn.  We all saw what took place when it happened in 2008 – millions of people lost their jobs, millions of people lost their homes, and economic suffering was off the charts.  So no, I don’t want to see that happen again any time soon.  All of our lives will be a lot more comfortable if the financial markets are stable and stocks continue to go up.  If the Dow and the S&P 500 can keep on soaring, that will suit me just fine.  Unfortunately, I don’t think that is going to be what happens. (Read More....)

Those That Wanted To Get Prepared Have Already Gotten Prepared By Now

No Excuses Road Sign - Public DomainIs the time for warning people to prepare for what is ahead coming to an end?  For years, bold men and women all over America have been sounding the alarm and warning people to get prepared physically, financially, mentally, emotionally and spiritually for the great storm that is rapidly approaching.  Personally, I have written more than 2,500 articles on my primary two websites combined, and so nobody can accuse me of not blowing the trumpet.  It has gotten to the point that sometimes I am even tired of listening to myself warn the people.  But now we are shifting into a new phase. (Read More....)

War On The Streets Of America: Protesters Attack Police Officers In Major Cities All Over The Nation

Police State - Public DomainThis is what a nation looks like when it starts melting down from within.  A series of very disturbing incidents of police brutality against young black males has caused a firestorm to erupt all across the country.  You would have thought that the massacre of police in Dallas would have caused everyone to step back and reflect on what is really causing this cycle of violence, but instead the nationwide protests have gotten even bigger and more intense.  Over the weekend, protesters attacked police with rocks, bricks, bottles, fireworks, chunks of concrete, Molotov cocktails and rebar from a construction site.  In return, police fired pepper spray, smoke bombs and tear gas at protesters.  As I write this, more than 200 protesters have been arrested over the weekend so far, and authorities are bracing for what the coming night will bring. (Read More....)

The Dallas Massacre: This Is The Kind Of Civil Unrest That I Have Been Warning Is Coming To America

Bloody Handprint - Public DomainToday is a day to mourn and pray for America. In Dallas, Texas last night, a hate-filled gunman ruthlessly started gunning down police officers. A total of 12 officers were shot, and five of them are now dead. If we do not learn to love one another, there is no hope for us as a nation. Unfortunately, the love of most people has grown cold, and today messages of hate and division from people on all sides of the debate are being posted all over social media. The massacre in Dallas represented the deadliest day for law enforcement officers in the United States since 9/11, and this is the kind of civil unrest that I have been repeatedly warning is coming to America. I have warned about this in my books, on radio and on television. But of course I am best known for my articles, and the following are just a handful where I warned about what we would soon see… (Read More....)

‘Currency Crash’ Drives British Pound To A 31 Year Low As Deutsche Bank Sinks To The Lowest Level Ever

British Pound Brexit - Public DomainThe fallout from the Brexit vote continues to rock the European financial system.  On Wednesday, the British pound dropped to a fresh 31 year low as confidence in the currency continues to plummet.  At one point it had fallen as low as $1.2796 before rebounding a bit.  As I write this, it is still sitting at just $1.293.  Meanwhile, the problems for the biggest banks in Europe just continue to mount.  At one point on Wednesday Credit Suisse hit an all-time record low, and German banking giant Deutsche Bank closed the day at an all-time record closing low of 12.93.  Overall, Europe’s Stoxx 600 Bank Index closed at the lowest level in almost five years.  What we are watching is a full-blown financial meltdown in Europe, but because it is not personally affecting them yet, most Americans are not paying any attention to it. (Read More....)

America Has Become A Lawless Nation – Hillary Clinton Magically Cleared By The FBI

Hillary Clinton - Photo by Nathania JohnsonIt is hard to be proud to be an American today after watching FBI director James Comey magically clear Hillary Clinton of all wrongdoing.  Sadly, Comey is likely to go down in history as the man that struck the final death blow to the rule of law in America.  During his address to the media, Comey admitted that Clinton sent or received 110 emails in 52 email chains that contained classified material at the time they were sent.  But of course there were probably many more.  Comey told the press that it was “likely that there are other work-related emails that they did not produce … that are now gone because they deleted all emails they did not return to State, and the lawyers cleaned their devices.”  So basically Clinton turned over to the FBI whatever she felt like turning over, and then she destroyed the rest of the evidence.  As a former lawyer, this infuriates me, but it doesn’t surprise me. (Read More....)

The Price Of Silver Explodes Past 20 Dollars An Ounce As The European Banking Crisis Deepens

Silver Coins 2 - Public DomainHave you seen what the price of silver has been doing?  On Monday, it exploded past 20 dollars an ounce, and as I write this article it is sitting at $20.48.  Earlier today it actually surged above 21 dollars an ounce for a short time before moving back just a bit.  In late March, I told my readers that silver was “ridiculously undervalued” when it was sitting at $15.81 an ounce, and that call has turned out to be quite prescient.  The Friday before last, silver started the day at $17.25 an ounce, and it is up more than 18 percent since that time.  Overall, silver is up more than 30 percent for the year, and that makes it one of the best performing investments of 2016.  So what is causing this sudden surge in the price of silver?  This is something that we will discuss below… (Read More....)

What Is The Government Preparing For?

UN Vehicle - Jeff SternYou may not be getting prepared for a major national disaster, but the government sure is.  I have been informed that in recent months numerous emergency food companies have been contacted by the government, and they have been told that their inventories could potentially be seized in the event of a significant emergency.  And as you will see below, the government recently participated in an exercise that simulated “an unprecedented global food crisis lasting as long as a decade”.  In addition, NPR has just revealed details about the very secretive Strategic National Stockpile program that is storing billions of dollars worth of medical supplies in warehouses around the nation.  This is a program that most Americans do not even know exists.  On top of everything else, strange reports of military vehicles with UN markings have been coming in from all over the nation.  So what in the world is the government up to?  Why are they working so feverishly hard to get prepared? (Read More....)

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