Has the day of reckoning arrive?

It´s official, the US stock market is finishing the year 2011 in negative territory. Heck, even gold and platinum are down due to selling even though the dollar is weaker. It´s really amazing to me that platinum is now lower than gold in price. That doesn´t happen often, folks, it may be a good time to dump gold and get into platinum which is traditionally about 33-50% higher in price than gold. The real buy is silver which is about 56 to 1 for gold and the 4,000 year traditional ratio is between 15 and 16 to 1. Gold has been money for thousands of years with silver running a close second. Banksters have tried to (successfully, I might add) to pry economic systems free from them so the currencies can be ¨elastic¨ which means it is easy to steal your purchasing power by having the power to create new money from thin air (also called ¨fractional reserve banking¨). The real advice here is to buy gold, silver, platinum, cinderblocks or anything that really exists. The Chinese are blocking the formation of new gold exchanges PLUS have made a deal with Japan to cut out conversions to the US dollar for trade between them. No one can say with certainty when the dollar may hyperinflate especially since it may just disappear. THAT would be one giant mess for everyone who depends on the dollar. Real stuff doesn´t just disappear which will leave you with something for trade.

Learn from the history that's about to happen

A commonly heard saying is, "Those who refuse to learn from history are condemned to repeat it." It seems to be good advice so let's put it to good use. The creation of the Federal Reserve was the crowning achievement of the international central banking cartel. They created the biggest financial parasite to exist ever. The attempt at a unified currency and central bank for all of Europe was the latest attempt to create an even bigger parasite. This one looks like it will fail and the Euro will most likely disappear. We need to watch carefully what happens. Many businesses and individuals now have loans in place denominated in Euros and, if the Euro collapses and disappears, how will these loans be paid. Will the banksters demand payment in Euros and foreclose on those who can no longer get Euros (they're gone, remember?) or will there be some kind of conversion? Think about it, you owe 100,000 Euros and now all you can get are Lira. Do you lose your security or will there be a way to pay, say, 1,000,000,000 (one billion) Lira to pay off 100,000 Euros, or something like that? This is history in the making and we need to know. Why? Well, because the US Dollar (in Federal Reserve Notes) is likely to follow the Euro into the trash heap of history but there is a similarity to what's happening in Europe. You see, the currency circulating for the USA now is called Federal Reserve Notes (FRNs) and there is no other currency available. John Kennedy authorized and issuance of United States Notes but they were not owned by the Federal Reserve and collectors have removed them from circulation. So, if the Dollar, represented by the FRN, disappears, no one will be able to get any to pay off their debts in the Federal Reserve System. What will we do? Does that mean the Fed will be able to foreclose on ALL property that touches their Dollar Bills?
If we watch Europe, we should be able to see the answer.

New Stupidity from the IMF

Just when it seems things couldn't get worse. Now the IMF (International Monetary Fund, although other interpretation come to mind) is telling its' members that they should double their funding of the IMF. Really? There are 183 members of which 127 are net debtor nations. That would mean they would have to borrow more money to give (yes, I said, "give") to the IMF which will use it to lend to problem nations. The United States of America contributes to almost 36% of the total for the debtor nations (IMF figures) yet has the biggest net loss as a nation. What stupidity. The USA already has staggering debt and the IMF wants it to borrow more so the IMF can create even more European funding through fractional reserve banking! WHEN YOU HAVE A DEBT CRISIS, STOP BORROWING!! Things are really simple and these banksters just can't stop robbing from Peter to pay Paul, Tom, Dick and even Harry! (Can't let the interest clock stop running, right?) This is strong evidence that the financial and political communities simply won't exercise any self-discipline but will create bubble after bubble until they all pop. Make sure you're prepared to take care of yourself when that happens (soon).

UN Warns of possible worldwide downturn

The UN has warned us that projected economic growth worldwide has been downsized from 3.6% to about 2.6%. When they make such projections, they don't use real growth because inflation is a secret tax and they won't admit to it which would cause everyone to realize that 2.6% growth, in real terms IS a downturn. After all, inflation is much higher. It's disguised as currency speculators try to make a little money guessing which currency will zig and which will zag. This props up the market for currencies and allows governments to hide behind the "evil" speculators who make bets on what the government policies will mean. Speculators can't control the markets but central banks sure make the attempt and speculators are considered "evil"? What does that make central banks? Anyway, be assured that the changes in Europe will only make things better temporarily. Christine Lagarde, head of the IMF, said that the world is in a dangerous position economically, especially for poor nations. I have a question, why does the suffering of poor nations cause us more grief than the suffering of "rich" nations? If the people of the country can't buy necessities, who cares if the nation is rich or poor. Suffering is suffering. It's the decisions of politicians and central bankers which is causing the problem now. How on Earth are the same people going to fix things? NO ONE can look out for you better than you so you should make preparations to provide for yourself because when the economic collapse comes, the infrastructure will disappear or, worse, be managed by the military. A very few countries will be relatively unaffected by the collapse so, if you don't think you can adequately prepare in the US of A, maybe you should consider leaving.

Euro greed

Well, the European Central Bank (ECB) has issued 490 billion Euros to the troubled economies of Europe providing a net new liquidity of about 200 billion Euros. We're..uh..saved!? Anyone who follows the basics of monetary science knows that shoveling new currency into circulation without that new currency being earned by someone only causes inflation and steals purchasing power from the poorest classes of people. It literally is a tax on the poor to subsidize the rich. How is that, you say? Well, the people who get the money first, usually in the form of loans, get to spend it before the market adjusts prices up to absorb the surfeit of currency. Count on this, the Euro will drop against the US Dollar now and there will likely be another load of Euros dumped into the economies of Europe soon as this infusion fails (as it will inevitably) to fix the problem.
The Euro is in its death throes. Bail out now.

Worldwide Crisis

Don't say I didn't tell you. The economic crisis in Europe is the direct result of fractional reserve banking. Plus, they want to solve it by creating more debt. One basic rule of life is, "If you find yourself at the bottom of a hole, the first thing to do is stop digging." Politicians and bankers have never seemed to learn this. Borrowing more money to solve the debt crisis is like fighting for peace. It won't work and never will. Unless the citizens of the PIIGS (Portugal, Italy, Ireland, Greece, Spain) throw the politicians out who kowtow to the central bankers, Europe is headed for massive chaos. Bankers and politicians will steal wealth from citizens of a country through the mechanism of central banking which secretly transfers purchasing power from people to government through inflation and they will continue to do so until the masses say, "Enough!" and put a stop to things. This is not theory, this is history. Learn from it.