As we shall see in the future the euro will fail. In spite of that the dollar is certainly no bargain, because next year America will be totally bankrupt. As a result of the terrible conditions among currencies, gold makes great gains. Last year and so far this year gold is up 10% to 24% against many major currencies. This kind of action of course proves again that gold is the world’s strongest currency. We might add here that we believe that it is only a matter of time before the LBMA, or Comex, or the ETFs, GLDs and SLVs are enveloped in scandal. As so often has happened in history fiat currencies have collapsed. Thus, it will happen again. Those of you not in gold and silver related assets will lose most of what you have worked for your entire lives.
The collapse of currencies and nations won’t happen overnight, because their demise has been planned, and a subtle collapse is in process. Our guess is that next year is when the collapse will finally take place followed by one of the greatest deflationary depressions of all time. During the last 2-1/2 years all the toxic investments have been and will continue to be transferred from the Illuminist banks, brokerage houses, insurance companies and transnational conglomerates to the public. The Federal Reserve is the repository for this junk, which includes Treasuries and Agencies. That means the public foots the bill. Every government and bank in the world will be affected. This magical game of 3-card-Monte will never work and the Illuminists know it won’t work. That is why they have war on demand to distract the public and to escape punishment for the devastating thing they have brought upon mankind. What we are facing is as bad if not worse than the collapse of the Lombard system in Venice in 1348, the year of the plague and the collapse of the Hanseanic League in the 1600s, the creation of the Medici’s. For starters we already have 19 bankrupt or near bankrupt major countries and many others that will be pulled into the vortex of financial and economic calamity. In each country we see the Illuminists doing their evil work, legends in their own minds, in a system that they know cannot survive. They are waiting for orders to pull the plug in each and every country. These masters of the universe all know that prosperity cannot be created by printing money and issuing credit indefinitely. They know full well that such a system cannot survive.
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Articles like this are silly and short sighted. Why don't you find one that says: "The World to End" Depression yes. This article is a diservice to those of interested in real news.
ReplyDeleteI am going to start my own little country in my foxhole.
ReplyDeleteLooks like the Mayans have it right. I never believed the earth was just going to explode on Dec. 23, 2012. The Mayans simply said the world as we (us in the present age) know it will radically change.
ReplyDeleteCould be for the better or the worse. Everyone on this planet is going to be effected. I'd like to think we will transform into a kinder, gentler people who will respect our earth. This won't happen till we all get the equivalent of an economic ass whipping.
The writer surmises that "one of the greatest deflationary depressions of all time" is approaching and then implores us to buy gold. If the writer is correct about deflation and falling asset values shouldn't he be telling us not to buy gold yet as its price is sure to fall. Granted I'm not economist, but this makes no sense to me.
ReplyDeleteI love Bob Chapman.
ReplyDeleteHe is a good man in a world of rotten apples.
It's December 21st, 2012 btw. The vernal Equinox.
As a resident 'moron jesus' something , I agree with 10:09 that Bob is correct. I also wonder why the need to disparage anyone that believes that Jesus is the Lord (mainly because he's the only one worthy to be Lord).
Is it because you yourself secretly have designs on that title 'King of All Mankind'?
Is that you , Prince William aka Prince Arthur 'the once and future king' ?
Prince William, Descended directly from David by Charles, and directly from 'Jesus Christ' via progeny by Mary Magdalene vis-a-vis the Merovingian Kings leading to Princess Diana?
Hence Prince William 'King of my People, ISREAL' ?
Prince William, one of 3 people on earth to FIRST RECIEVE AN RFID IMPLANT CHIP , 1996.
Prince of this world.
Prince of Darkness.
10:38 Please no more religion. AGAIN.
ReplyDeleteRoman Empirial worship was required to buy food in the first through third centuries. Once you worshiped his Image (idol) you would receive a certificate that would allow you to purchase food in the markets. This was done to maintain control of all the provinces as they were allowed to maintain their religions, but must adopt the Roman religions as well. As empires grow they must resort to desperate things to maintain the control the wield over her citizens and maintain the fear by her enemies. It really sucks, but it is the way of things. I will never and I repeat never have a card that allows me to work. I just will not do it. Which means I will probably end up in jail. You say what about your SS card? It is not required to work. Just ask the Illegal aliens.
ReplyDeleteI won't be baited into spanking the Jesus fruitcakes again, now way, not worth the energy.
ReplyDeleteWhen Jordan Maxwell saw the towers fall, and it was obvious the elite plotted it, he thought NOW people will wake up. They didn't. He stopped speaking at engagements for months afterward because he figured the sheeple were so thoroughly brainwashed there was not point.
The 98% will never get it. Never see the collapse coming. As part of the 2% you should focus on working with fellow 2%'ers. The 98% will just go off into the night.
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ReplyDeleteIf every bank and country collapses how will we determine the worth of gold and silver?
ReplyDelete10.34 has obviously lost it.Poor guy.
ReplyDeleteThe Elite clique can't seem to get their act together. I expected an end game by now. There is either infighting, or they can't get their ducks in a row (organizing various agendas) to "set it off"..some experts say it's infighting. Since we are not in their clique anyway, I can't think of any other thing that's delaying the end game. Unless of course, like the fall of Rome, the leaders have turned into sheeple/slackers.
ReplyDelete1:56 - that one is easy. You will determine the value by what you can get in trade for it. The same exact formula used to value any 'money.' At the Argentina collapse, as an example, an ounce of Gold would be a small home. Or think about Zimbabwe. In that country you would be a king if you had a pocket of silver or gold. They pan for gold there just to find a tiny speck for that they may feed their family. A speck you could see with a magnifying glass vs a stack of 100 trillion dollar bills. Not billion anymore, trillion.
ReplyDeleteLet's not forget that in about 1982-1983 the Zimbabwe dollar was equal in value to our own.
ReplyDeleteWhat all this boils down to is the same old sad story.
PROBLEM: The Oligarch banksters want to centralize their power. They crash all the currencies, cause mass panic and starvation.
REACTION: The people's wealth and savings crumble to dust and they beg for any solution. Those that don't beg, violent riot and are killed under Marshall Law.
SOLUTION: The Bank of the World. Disperse some new pennies back to the populace; the Oligarch bankers to be hailed as heroes just like their stooge Bernanke and Paulson are now.
Abraham is right. Bob Chapman says that a deflationary depression looms, butin the same breath says the dollar will devalue and to invest in gold. He really hasnt reasoned that out too well and seems to mostly use it as an opportunity to cast predictions and talk about the New World Order. all fat, no meat on that one.
ReplyDelete@5:46 PM
ReplyDeleteListen pal. Why is so difficult to understand? You probably never read anything in your life and haven't watched anyhing but the Simpsons. Do yourself a favour and visit a library.
I love this blog because people are so friendly to each other, there is no profanity, and folks are also so cheerful.
ReplyDeletetick tock tick tock tick tock when is the coming depression??? i still have tons and tons of money. slightly over eleven million dollars.
ReplyDelete7:18 I agree. I've known/seen for decades that patriots hate each other which is why we fail 100%. Patriot leaders are ego maniacs and trash everyone verbally and think they know it all. This is why many feel there is no hope. Jealousy and backstabbing among patriots are main reasons people won't join groups and quit voting, as even middle of the road politicians hate each other.
ReplyDeleteNot really - it's moron's like 6:53 whom make the amazing comment like " what's so difficult to understand"
ReplyDeleteYou stupid. ignorant, mind numded rodent - the poor bastard your responding too probably has a $12/hr. job that is in jeporady; a 15 year old truck held together with black tape and baler twine & an old lady that's witholding sex until he bring's home another $250/week !
And he's confused man ! really confused - what do I do ? do i set up for hyper-inflation? Do I set up for defaltion?
These people ain't warren Fucking buffett man ! They may have ONE fucking shot to get this whatever it is coming down the pike right - if they don't ---- they could REALLY LOSE IT ALL
AND THEY KNOW IT
And if I had YOU in front of myself right now I'd do YOU a favor and give you a good ass whupin' for being such an arrogant "lil ass
Have a great day now ya hear
In Bob Chapman I trust. This guys has been SPOT on the money for years!
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