Wednesday, August 25, 2010

US Government To Devaluate The Dollar 50% Overnight?

A highly reliable sage source from the gold banking world and international consulting is loaded with deep insight, vast experience, solid connections, ongoing relationships, privileged insider information, and diverse industries tied to banking. He tipped the Jackass off in early August 2008 as to the weekend of September 15th being one to mark in history as three great failures would occur. He gave one month advanced notice of a locus of failure in three places, with great urgency. My guesses of Lehman Brothers and Fannie Mae were correct, but a blank came on the third which turned out to be AIG. He has frequently shared a viewpoint on the inevitable USTreasury default in the coming years. He first enlightened me as to the USFed resignation pathway to default, after it was loaded to the gills in toxic irredeemable impaired assets that no banks wanted. As buyers of last resort, the USFed would choke to death. Rather than a citation of path to default, he shared a great risk of a major event. He said, "The USGovt will devaluate the US$ by 50% overnight in the not too distant future. They need 11 days to do this. If they push it, they can do it in 6 days. So look for a long holiday weekend as an opportunity. The best time to do this is the Christmas / New Year time window. They tried to do it in 2005/2006, but the Chinese put a gun to their heads in Washington and they backed down. You can slice and dice it as you like, but the USDollar is dead and so is the Euro. The systemic change will be a cataclysmic and traumatic event for the West, since all it stands for will go into the toilet in a blink of an eye. The period immediately following the collapse will be filled with violence and total breakdown of law & order. Keep an eye on Greece. It is the guinea pig and incubator for what is coming to Western societies." He went on to mention some positive regenerative power left in the US people to reclaim their country and to restore its legal framework. Soberly, he warned it will be ugly, but loaded with great opportunity. So he sees a sudden massive USDollar devaluation with grand shock waves from vengeful reaction.
More Here..


  1. What a load of horse-crap. 50% devaluation.

    You gold-bugs fall for all the internet rumors that exist.

  2. "The systemic change will be a cataclysmic and traumatic event for the West, since all it stands for will go into the toilet in a blink of an eye. The period immediately following the collapse will be filled with violence and total breakdown of law & order."

    Well then, this doesn't sound so bad. For a second there I thought this article was going to be about predicting some really bad things occuring in the near future. I'm starting to feel cheery again.

  3. Law and order? Isn't that how everything got screwed over in the first place? Those are just euphemisms the elite use to force the sheeple into playing a different game, a game where the deck is stacked against them.

    This has happened before. It's not new. It happened throughout human history. The government and the oligarchy is simply too corrupt to continue functioning.

    And don't give me that crap about it being a global failure so it's different this time. Ever heard of WW II? That was global, and it was about 70 years ago. These system failures occur about every 70 years, although the smaller failures occur a bit more frequently.

    This society as a whole has gone past the point of no return. It has to be rebuilt now, absolutely nobody with connections to the current political, banking or corporate elite regime can be kept. They all have to be replaced and a new foundation put in place. Sorry, that doesn't mean just voting in the next group of thugs that are the same thing as the last group, we need a complete and total reset.

  4. Yes 12:08, that's where my focus is at.

    Humanity today has some awesome technology, unfortunately it is restricted to the elites. This is much different however than other times, this is going to be far greater than WW2, it is global. All economies are intertwined - we are all falling together.

    When we reach Zero Point (Blank Slate), maximum chaos, then those who are virtuous or still have their brains in reality will be able to work together to establish a new foundation for humanity that is not based on government and institutions designed to accumulate wealth for a certain type of people.

    Most things we watch in this world are based on money, our lives are pretty much a scam. All we watch on the T.V is the prospecting for consumers, anytime we go out in the real world -buildings prospecting for consumers.

    This new world will not have such a fabric. We will use men and women who can cogitate ideas that will forge an economic system that can be superior to that of the capitalist and socialist which can conform to everyone's happiness and maintain productivity. The people themselves won't be employed because of who's daddy knows whos or what silly degree one has - people will be employed based on their actual capabilities. A synergy of individual consciousness being applied freely to a group. The new world will be a dream world to those who love equality and meaning, but to those of egotism and arrogance it will never be seen.

  5. Look, the world is going to end as all of this misery worldwide will come to a head and then WW3 will be the result of all of this. Game over!

  6. I agree we need a total reset and it needs to be small enough in the area of governance that the common person can be left alone. Yes left alone. So far as technology and weapons, of course the elite hoard them for a false sense of invincibility. When enough people decide they are tired of lies, theft, graft, treason, and decide to change things the elite will run like rats.
    Anyone who allows themselves to be paid to help, or who thinks we need them might as well pack their belongings too. We defeated a superior enemy before and if those who deserve to be called Americans would stand together we will do it again. And never let this happen to us again.
    Too big to fail? We will see.

  7. Alright, it's 8-25...where's my apocalypse, dammit? I was promised an apocalypse...where is it? I want a refund if it doesn't show....or a rain check.

  8. The empire would like you to think world war three is coming,so they can make another killing on human misery.Well, that's just a lot of bull crap and you are only a pond in there game.Listen, don't shop tell you drop.The people in power want you to pay high taxes and play dumbbb!...

  9. 4:08
    he said it happens around 8-25 (few days before and after that date). i doubt we will get an event. it is more like a slow decline, process if u will.

  10. What will a devaluation accomplish except indebt the US even more? The US is the elites darling, it controls the world financial system, it's military keeps everyone in line. I dont get, please explain. Long time reader...

  11. It doesn't make sense that they would have wanted to do this in 2005. Our economy was doing OK and our valuation was not out of line with other countries. Makes me doubt the source. We are probably going to have some kind of economic collapse and the feds and Obama are pushing it off until after the election. So I agree something bad will happen after Nov 2nd.

  12. A Funny Thing Happened on My Way to the Apocalypse

  13. What most people do not realize is that their US Dollar is already being devalued thru inflation and the lower value of their house.

    However there are many other sources warning of a bank holiday and dollar devaluation coming so probably would be wise to consider this.

  14. Funny how they are still taking paper dollars to sell you your gold, complete crap. A slow decline yes and probably a new currency sometime in the future. Gold is good but give me a break.

  15. 7:59 there are slow people and then there are dumb. You just don't seem to grasp the situation. You will, like deer in headlights.

  16. 7:59 you need to look at the price of gold over the last few years and it is not that the price of gold went up it is that the number of dollars needed to buy an ounce of gold increased. In other words each dollar is worth less money thus it takes more dollars to buy an ounce of gold. So your paper dollars are already being devalued. It has not been such a slow decline just a few years ago how much interest did you make on a Bank account and how much do you make today? You are not really paying attention are you?

  17. If metals appreciate, great. They already have, and will continue to do so. If they fall, buy. Simple.

    Once tangibles have been secured, capital preservation can only be maintained with some incorruptible, easily verified, universally accepted medium. The Alpha Strategy is based on just such a rational investment and securing of valuable, tangible, non-fungible goods. Or in a slightly more conceptual arean, acquisition of valuable knowledge. Will we need arbitrage specialists ? parasitic professions such as Law, Diversity Trainers, EEOC shitheads, or bureaucrats ? Notsomuch.

    Welders ? Farmers ? Surgeons ? Mechanics ? The truly valuable Servile Arts ? BIG TIME

    For doubters, I submit a simple thought experiment: Envision some future landscape, where monetary collapse has occurred. Some rudimentary market has risen. Various mediums of exchange are present - food, salt, NiMH batteries and solar chargers, medicine, tobacco, wine, produce, grain, livestocks ... as a hopeful buyer/trader, do you think that PAPER would have greater value than a Krugerrand ? If you answer yes, consign yourself to the Idiocracy

    Simple, even for 7:59 !

    I apologize for the use of rationality

  18. From 7:59 to the last three posters. I said gold is good but what happens when they start confiscating, outlawing its use in barter, and will take it away from you when you try trading it in for a new currency? Of course paper will be worthless in a future Road Warrior scenario, but will that really happen? They will introduce a new currency to keep control of the assets they have robbed from us and you will be S@#t out of luck holding your gold.

    BTW, I do own gold, dried food and guns.

  19. Though I do have some metal assets I see too many dear readers that are a bit wrong about it's value.

    In a financial collapse the size of the US...True metal would shoot up as would commodities...But if it's a serious falling of the house of cards it will all be a death spiral.

    Everyone will hunker waiting to see what will happen...Troops/cops/firemen will have to be forced to leave their families...But once the dominoes start falling there is little that can be done...The hoarding and looting will start with the military and those in charge.

    It's true there will be a need for farmers/mechanics/welders etc but how long before we get to that point?..Will it be after a total collapse that stops all food/fuel shipments? After the riots? After the elderly/sick die off?

    There is no going from a superficial, materialistic, money society to a simple, hardworking society without the anger/death and famine in the middle.

    Metals are a side bet that they will be needed to be used as currency WHEN there is some sort of return to normal society.

    Honestly if the US goes down WE ALL go down in North America...Canada would actually have to line up and block the borders...Mexico would collapse and fiefdoms would bloom among the military everywhere...Till Martial Law was implemented.

    So to those talking beautiful ideology I ask?...Ever been shot/stabbed or had to stab or shoot anyone?...No? Then you know shit.

  20. Were gonna eat french fries with chicken..yummy..


  21. How can you devalue a currency that is not pegged to anything? It's impossible. When it is a floating currency, how do you devalue it? Tell the world it is now worth only 50%? Good luck with that.

  22. 6:07, I have been trying to wrap my brain around that too. How do they do that?

  23. 11:58 yep, history of paper is so, china, france and most resently korea forced to turn in currency for a new currency, with a limit to the amount, so's if you'd stashed over that limit you got nothing for the overage and yes gold was confiscated in '33

    who is like the beast and is able to make war with him rev13:4 and james5 say's something about amassing and trusting in gold

  24. Is it just me...or is the reference to the 50% reduction to the US Dollar's value disappear from the blog entry?


Everyone is encouraged to participate with civilized comments.