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Today billionaire Eric Sprott warned King World News that the entire global financial system is now facing the greatest danger in history. He then issued the most dire prediction of 2015.
Eric King: “We had (the stock market collapse) of 2001 – 2003. Then we had (the more intense collapse of) 2007, 2008, 2009. The next one (collapse) is going to be worse because that’s just how these cycles progress. As you know, they (seizures in the global financial system) get more violent and the collapses become more and more intense. People couldn’t imagine it would get worse than 2001 – 2003, and yet we had 2007 – 2009. This one that’s in front of us, I’m assuming it’s going to be the mother of all collapses.”
Eric Sprott: “Two words that come to my mind, Eric, ‘No bid.’ In other words, if you take the central planners out of the market, there is no bid….
It’s So Preposterous
“So who’s going to buy it? Who in their right mind would be buying bonds with a negative yield? It’s just so preposterous. And all of the sudden if the bond buyer is not there — we used to think it was so great that China would buy our bonds. They don’t buy our bonds (anymore). Russia used to buy our bonds — they (now) sell our bonds.
No Bid Means Collapse
The only entities buying the bonds are the central banks. Well, you take the central bank out of it and there’s no bid. That’s why I use the phrase, ‘I hope we are not right one day,’ that all of the sudden it (the entire global financial system) just collapses.
They (central banks) may just look in the cupboard and say, ‘It’s over. We’ve tried our best and it’s not working. We’ve got to stop buying these bonds because our (central bank) balance sheets are getting so torqued out.’
It Will Have To Stop
The Debt/GDP numbers are getting so egregious that at some point they will have to stop. It’s a lot like when Greece finally came out and said, ‘We’re a bankrupt state.’ Well, yes, we knew you were a bankrupt state and finally somebody admitted it and he won’t be the last guy either.
And EURUSD algos hit another trigger point
Contra Corner is not about investment advice, but its unstinting critique of the current malignant monetary regime does not merely imply that the Wall Street casino is a dangerous place for your money. No, it screams get out of harms’ way. Now!
Yet I am constantly braced with questions about the US dollar and its impending demise. The reasoning seems to be that if America is a debt addicted dystopia—-and it surely is—- won’t the US dollar sooner or later go down in flames as the day of reckoning materializes? Won’t you make money shorting the doomed dollar?
Heavens no! At least not any time soon. The reason is simply that the other three big economies of the world—Japan, China and Europe—are in even more disastrous condition. Worse still, their governments and central banks are actually more clueless than Washington, and are conducting policies that are flat out lunatic—–meaning that their faltering economies will be facing even more destructive punishment from policy makers in the days ahead.
Finally, the madness in Europe speaks for itself. The ECB is now literally destroying the Euro in a disastrous quest to restart economic growth by monetizing $1.2 trillion of mostly European government debt. But Europe’s stagnation is not due to insufficient private sector borrowing or interest rates that discourage it.
The problem is a state sector that has reached nearly 50% of GDP and is thereby smothering entrepreneurs and investment everywhere on the continent. And it also means a public debt burden so high that prohibitive levels of taxation are unavoidable.
Stated different, Europe’s economic growth problem is structural and was the result of statist policies over many decades. The only thing Draghi will accomplish with his massive bond buying campaign is to drive the Euro to par and below; and enable Europe’s government —–all of which can now borrow long-term money at 1% or less—-to kick the can down the road, thereby insuring that Europe’s eventual day of fiscal reckoning will be cataclysmic.
So there is a reason why the dollar is soaring. The other shirts in the laundry are not just dirtier. They are actually disintegrating.
The luxury of paying your government to hold your money, once thought as absurd, hilarious and downright preposterous is now a reality.
For the first time ever, Germany sold five year debt at a negative interest rate. You heard that correct, German citizens and investing institutions that wish to buy government debt in Germany, will be paying the government to hold THEIR money!
Another sign that should not be taken lightly is the fact that interest rates are moving into negative territory, not only Germany, but a number of other Eurozone countries, such as France, Belgium, Finland, Denmark, Switzerland, Netherlands, Sweden and Austria.
The fact that this isn’t alarming more people is shocking. This simply builds on the trend I have been discussing, that despite record high stock prices and the talking heads who tell you everything is “hunky dory”, the world economy is not recovering, it is suffering and heading towards the edge of a cliff.
It is embarrassing that our policymakers are either that inconsiderate or that stupid to celebrate such a brutal dislocation between the haves and have nots. I don’t know what one can even say about the Fed making a celebratory statement like that today. It is somewhat beyond words. And really paints the picture as to how little thought goes into the lives and well being of the bottom 80%.
Just to give you something to compare and contrast the situation of the bottom 80% here in the US to counter the Fed’s celebration today. I want you to think about how lucky we are not being in one of the PIIGS nations of Europe. These are the nations that are essentially bankrupt and just hanging on by the kindness of the Troika. Glad we’re not there right?? Well allow me to show you a chart published by CNN Money some 8 months ago.
So there it is. While the average net worth of Americans is 4th in the world pulled up by the top 10%, the median net worth of Americans comes in the 19th spot. Yep, behind Spain, Italy and Ireland so 3 of the 5 PIIGS nations. Meaning the bottom 80% in these broke ass barely hanging on nations have more wealth than the bottom 80% of us here in America.
So I’d like to ask the Fed, is it that you just hate the working class here in America and thus like to torment them or are you truly that stuck up your own asses that you just cannot see the light? Celebrating the fact you did today is downright nasty you lowlife scoundrel pieces of shit. It’s akin to a family showing off and celebrating a new born baby at the funeral of another family’s child. It is just a very ugly thing to do. Even if it wasn’t meant to be malicious it looks very much like a giant FU.
And for Americans, why, please god tell me why is it that Americans are so willing to be shit on for so long without so much as a hint of standing up to these monsters that steal our wealth and pass it around their political class.
Imagine the founding fathers looking down on all of this. Hell imagine those who fought on the beaches of Normandy looking down at what America has become. Knowing that they sacrificed everything just to hand the nation over to a group of foreign sociopaths. Imagine those men having to see that Americans no longer have any sense of dignity other than to yell loudly that “we are still great” kind of like that drunk in the corner that wants to fight everyone but can’t seem to find his legs to even stand up from his stool. How incredibly disheartening it would be for those WWII soldiers to see us now.
We have become nothing but a host to a group of political parasites that have thrived on our wealth and our strength. And they’ve watched us slowly die over time growing weaker and weaker. Less able to find the strength to uphold the duties entrusted to us. God, what a sad fucking story we are. Thanks Steve Liesman for rubbing shit in our eyes today. Hope you got a few clicks.
And for those of you that think I’m an ass for being so harsh on us, well stuff it. Get up off your stool you lazy drunk, shut your damn mouth and start fighting these political parasites like a damn man, like a damn American. I’m not the one stealing your retirement, stealing your income, stealing your wealth and stealing your freedom all while making myself wealthy and exonerated from all the laws that would put your ass in prison. In short I ain’t your enemy. If you’re mad by what I said then do something more constructive than calling me an asshole. Capiche?? Good.
Is the soaring US dollar a warning sign of another financial crisis? Rick gives a detailed account of the BRICS nations’ 2015-2020 plan to establish a new global financial architecture. Peak Prosperity author Chris Martenson tells Rick why he issued an urgent warning to prepare for World War III. In Part 3, filmmaker Dinesh d’Sousa talks with Rick about Antichrist NWO 666 Barack Obozo’s agenda to remake America.
In 1980, a very strange stone formation was erected in a city in Georgia. It has been called the Stonehenge of America. Its name is the Georgia Guidestones.
“The Georgia Guidestones is a granite monument erected in 1980 in Elbert County, Georgia, in the United States. A set of ten guidelines is inscribed on the structure in eight modern languages, and a shorter message is inscribed at the top of the structure in four ancient language scripts: Babylonian, Classical Greek, Sanskrit, and Egyptian hieroglyphs.
The monument stands at the highest point in Elbert County, about 90 miles (140 km) east of Atlanta, 45 miles (72 km) from Athens, and 9 miles (14 km) north of the center of Elberton. The stones are visible from Georgia Highway 77 (Hartwell Highway) and are reached by turning east on Guidestones Road. The structure is sometimes referred to as an “American Stonehenge”. The monument is 19 feet 3 inches (5.87 m) tall, made from six granite slabs weighing 237,746 pounds (107,840 kg) in all. One slab stands in the center, with four arranged around it. A capstone lies on top of the five slabs, which are astronomically aligned. An additional stone tablet, which is set in the ground a short distance to the west of the structure, provides some notes on the history and purpose of the Guidestones.”  – source
Here are the 10 guidelines (Commandments) etched in the stones:
Maintain humanity under 500,000,000 in perpetual balance with nature.
Guide reproduction wisely — improving fitness and diversity.
Unite humanity with a living new language.
Rule passion — faith — tradition — and all things with tempered reason.
Protect people and nations with fair laws and just courts.
Let all nations rule internally resolving external disputes in a world court.
Avoid petty laws and useless officials.
Balance personal rights with social duties.
Prize truth — beauty — love — seeking harmony with the infinite.
Be not a cancer on the earth — Leave room for nature — Leave room for nature
The first one should alarm the normal person. We have over 7 billion people on the earth right now. To be in “Perpetual balance with nature” 9 out of 10 people would have to be eliminated!
The second one no doubt has to do with sterilization and abortion
The third is extremely interesting- Unite humanity with a living new language. Remember when God stopped the construction of the Tower of Babel by confusing the languages?
The fourth is a big problem for Christians – tempering our faith – very telling.
The sixth speaks of a World court. Brings to mind a One World Government.
The ninth sounds very Wiccan and New Age.
The tenth reinforces the first – speaking of people as of little worth, a cancer upon the earth.
Mother Earth is in the end— most important.
So, the new 10 commandments are all for the good of the earth. They are worshiping the creation and ignoring the Creator. We can look at the Bible and clearly see that everything Satan did was contrary to God’s Word. He started in the Garden of Eden, speaking lies to Eve so that she would doubt that which God had spoken to her.
But we need to go back to the beginning to truly understand Satan’s mission here on earth. When he was still Lucifer, the most beautiful of all of God’s created angels, he became jealous of God and sought to sit on God’s throne instead of Him.
God knew the intent of Lucifer’s heart, and because of his arrogance and pride, he was cast out of heaven, along with 1/3 of the angels who chose to follow him.
“How art thou fallen from heaven, O Lucifer, son of the morning! how art thou cut down to the ground, which didst weaken the nations! For thou hast said in thine heart, I will ascend into heaven, I will exalt my throne above the stars of God: I will sit also upon the mount of the congregation, in the sides of the north: I will ascend above the heights of the clouds; I will be like the most High. Yet thou shalt be brought down to hell, to the sides of the pit.” Isaiah 14:12-15 (KJV)
“And there was war in heaven: Michael and his angels fought against the dragon; and the dragon fought and his angels,
And prevailed not; neither was their place found any more in heaven. And the great dragon was cast out, that old serpent, called the Devil, and Satan, which deceiveth the whole world: he was cast out into the earth, and his angels were cast out with him.” Revelation 12:7-9 (KJV)
THE GARDEN OF EDEN
“Now the serpent was more subtil than any beast of the field which the Lord God had made. And he said unto the woman, Yea, hath God said, Ye shall not eat of every tree of the garden? And the woman said unto the serpent, We may eat of the fruit of the trees of the garden: But of the fruit of the tree which is in the midst of the garden, God hath said, Ye shall not eat of it, neither shall ye touch it, lest ye die. And the serpent said unto the woman, Ye shall not surely die: For God doth know that in the day ye eat thereof, then your eyes shall be opened, and ye shall be as gods, knowing good and evil. And when the woman saw that the tree was good for food, and that it was pleasant to the eyes, and a tree to be desired to make one wise, she took of the fruit thereof, and did eat, and gave also unto her husband with her; and he did eat.” Genesis 3:1-6 (KJV)
Excellent video with direct quotes from the people who wrote the Georgia Guidestones doctrine:
We are definitely in the last of the last days. We are waiting for the Blessed Hope — the Lord Jesus catching those of us who love Him, away from this wicked earth, and He will take us to heaven to be with Him forever.
Those who are worshiping the earth, believe that a messiah is coming. I have very bad news for them. He is no messiah and he is EVIL incarnate. If they didn’t believe in Satan before, they will meet him face to face in Antichrist. Such a terrifying thought, and they have absolutely no clue that this is what will happen.
Major News Media Begin Promoting Antichrist Catholic Petrus Romanus As The Man Of Peace Who Can End International Strife By Uniting Christians, Antichrist Muslims, Antichrist Jews, Masonic Cult Mormons And Other Antichrist Faiths Into One God For Global Antichrist Religion
All modern popes have called for peace in the world. But Antichrist Jesuit Petrus Romanus Francis has a special chance to use his religious office to prevent religious war the Antichrist muslims desire. Any war for religion conflicts with the peaceful traditions of Antichrist Jews, Antichrist Catholics that accept the papacy, Antichrist Muslims, Masonic Cult Mormons and all other Antichrist faiths. Antichrist Jesuit Petrus Romanus Francis has earned a special credibility in reminding us of that important prophetic truth, the false prophet(s) and the Antichrist(s) perfectly measure the same ”time” and want of prophetic Babylon now upon this generations table. Those that promote Petrus Romanus are compromised and deceived.
An exceedingly rare solar eclipse will take place next week over a most symbolic location on a day infused with both great natural significance and profound religious meaning, according to Root Source.
There will be a total eclipse of the sun for two minutes over the North Pole on Friday, March 20, the day of the Spring Equinox which coincides with the beginning of the Hebrew month of Nissan, the first month in the biblical calendar year, a solar occurrence that has likely never happened before in human history.
“The concurrence and rarity of this natural event, together with the times in which we live, indicates the finger of God,” said Gidon Ariel, an Israeli Jew and co-founder of Root Source, an online platform where Christians can learn Jewish concepts, ideas and thought, and more deeply understand the roots of their faith.
A total solar eclipse at the North Pole on the first day of spring occurs once every 100,000 years. For it to occur on the first day of the first month of the biblical calendar year is, however, entirely unprecedented since this is only the year 5775 according to Jewish tradition, meaning that there has never been such a solar occurrence in human history.
9 They shall not hurt nor destroy in all my holy mountain:
for the earth shall be full of the knowledge of the Lord,
as the waters cover the sea.
10 And in that day there shall be a root of Jesse,
which shall stand for an ensign of the people;
to it shall the Gentiles seek:
and his rest shall be glorious.
11 And it shall come to pass in that day,
that the Lord shall set his hand again
the second time to recover the remnant of his people, which shall be left,
from Assyria, and from Egypt, and from Pathros,
and from Cush, and from Elam, and from Shinar,
and from Hamath, and from the islands of the sea.
12 And he shall set up an ensign for the nations,
and shall assemble the outcasts of Israel,
and gather together the dispersed of Judah
from the four corners of the earth.
13 The envy also of Ephraim shall depart,
and the adversaries of Judah shall be cut off:
Ephraim shall not envy Judah,
and Judah shall not vex Ephraim.
14 But they shall fly upon the shoulders of the Philistines toward the west;
they shall spoil them of the east together:
they shall lay their hand upon Edom and Moab;
and the children of Ammon shall obey them.
15 And the Lord shall utterly destroy the tongue of the Egyptian sea;
and with his mighty wind shall he shake his hand over the river,
and shall smite it in the seven streams,
and make men go over dryshod.
16 And there shall be an highway for the remnant of his people,
which shall be left, from Assyria;
like as it was to Israel in the day that he came up out of the land of Egypt.
The California drought has already been alarming enough not only for residents of the state – whose water supply was never secured, and has constantly been the source of heated controversy – but those across the country and globe who depend up on its agriculture for survival.
As SHTF reported back in November, NASA scientists have already warned that California’s groundwater supplies are at critical low points, and threatening the food supply:
A new Nature Climate Change piece, “The global groundwater crisis,” by James Famiglietti, a leading hydrologist at the NASA Jet Propulsion Laboratory, warns that “most of the major aquifers in the world’s arid and semi-arid zones, that is, in the dry parts of the world that rely most heavily on groundwater, are experiencing rapid rates of groundwater depletion.”
The most worrisome fact: “nearly all of these underlie the word’s great agricultural regions and are primarily responsible for their high productivity.”
Now, Jay Famiglietti – the same NASA hydrologist who led the previous report – is sounding an all-out alarm that California has less than one year of water remaining based on satellite image data: