Digital $$$ – Get Physical Assets

Via Greg Hunter’s USAWatchdog.com,

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says big change is ahead of the world, and “nothing will ever be the same.”

Fitts lays out the so-called “reset” you’ve been hearing about for the past few years and says,

We are in the process that I would recall is a global reset. The entire financial system is being reset. There are two aspects of this: One is extending the old system, and the other is bringing in the new system. It’s very much being done on the fly by trial and error, but the new system is 100% digital.

The new system, according to Fitts, will be a top down control system where “tyranny” will be the key feature. Fitts predicts,

“If you look at the tyranny they are working on delivering, I don’t think most people realize how hideous some of their plans are. So, the tyranny that’s coming and the printing that’s coming is greater than anything we have seen so far

The Fed started a new round of QE in March, and if you look at the extent of that, it is extraordinarily inflationary. That’s because this time around, the Fed is not just doing $3 trillion in QE. What the Fed did in three or four months, what it took them to do in three to five years during the so-called financial crisis, that is an extraordinary amount. Then you combine it with fiscal stimulus because the Fed is now buying the Treasuries… and the Treasury is sending checks out to Main Street. We are seeing that money going into the economy that is extraordinarily inflationary.”

Fitts describes the overall situation, “We are basically entering into a war period, and it’s dangerous…”

“There are many different layers, but this is what World War III looks like.

The people running things and centralizing economic power and control are saying we don’t want to share the subsidy anymore with the general population…

This is a spiritual war between good and evil. Part of that war spreads out to invisible technology like mind control.”

Fitts says gold and silver will be assets to have in the future. Fitts explains,

“If you look at where they want to go, their vision is so dark that I think the more people recognize and see it, the more they are going to want simple assets they can control that are not digital and try to keep them outside the system. Globally . . . I think the pressure is going to be on to have precious metals.”

Fitts is basically predicting higher highs and higher lows for gold and silver prices for some time to come.

*  *  *

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Catherine Austin Fitts, publisher of The Solari Report.

from:     https://www.zerohedge.com/geopolitical/we-are-entering-war-period-austin-fitts-warns-nothing-will-ever-be-same?utm_campaign=&utm_content=ZeroHedge%3A+The+Durden+Dispatch&utm_medium=email&utm_source=zh_newsletter

And Now, What about Your Money?

G. Edward Griffin on the Federal Reserve – and What Happens Next to Money

G. Edward Griffin re-tells the story of how and why the Federal Reserve was created in 1913 at a secret meeting on Jekyll Island. He explains how money is created and how the present system is destroying the purchasing power of money through a process called inflation. He explains why there is no hope of stopping this process until a significant segment of the population (perhaps 15%) understands the scam and pushes back politically. In the meantime, people will accept any insult to their liberties in order to survive, which is the reason why one crisis after another is scientifically engineered. Confusion and fear is the secret weapon of tyrants. -GEG

from:    https://needtoknow.news/2020/07/g-edward-griffin-on-the-federal-reserve-and-what-happens-next-to-money/

What is Going On ?

Survival Weekend: What Could Possibly Go Wrong?

by Elle

0 16

Daisy Luther
Contributor, ZenGardner.com

Today on Survival Saturday, we have a series of stories that could  all be headlined, “What could possibly go wrong?” Do you remember the reality show by that name, where a couple of guys apply science and logic to ill-conceived ideas and explain exactly what could go wrong when you power  a skateboard with homemade rockets? Perhaps our future doom won’t be caused by some kind of epic disaster, but by the unwillingness of the people to actually accept reality and apply logic to it.

Survival Saturday is  a round-up of the week’s news and resources for folks who are interested in being prepared.

This Week in the News…

Coming to a City Near You: Aerial Spraying of GMO Bacteria over Residential Neighborhoods

Since regular pesticide isn’t bad enough, the officials of Seattle, Washington have taken things one step further: they’re going to douse the city in a genetically modified bacteria in an experimental attempt to eradicate gypsy moths. What could possibly go wrong with that one? (Well, for one thing, the story about the Zika virus originating in the area of South America where GMO mosquitos were released comes to mind.)

If you ever wondered whether you might possibly be an unwilling participant in a science experiment, I think it’s pretty safe to assume that you are.

The Washington Department of Health has recommended that people stay indoors for half an hour after the spray. (They don’t mention anything about sealing doors and windows with duct tape or closing vents to the outside, but hey, maybe that’s just me.)  Of course, the USDA, always a proponent of things GMO and unnatural, says everything will be just fine, claiming that “the acidic diet of most Americans renders the bacteria harmless, though it is persistent in produce and food products.” Apparently, this GMO bacteria pesticide has been sprayed on our food for a while now, although I must have missed the announcement of that practice.

Speaking of pesticides, if you’re trying to avoid them check out this newly-released list of the fruits and vegetable with the highest pesticide residue this year. Grab a kleenex, because the things that must now be purchased organically will make you weep.

Reality Is Mean

Let me preface by saying that this little rant does not reflect my opinions on who can use which bathroom. Honestly, I don’t care. There are stall doors. Don’t even get me started on pondering how bathroom laws would be enforced or how it isn’t the government’s place to be potty monitors. We have bigger problems in this country than who pees where and you’d be wise not to get sidetracked by that ridiculous debate.

Okay – back to the story.

I’ll never forget when my kiddo was in 4th grade. She was telling me about an event that happened in school and being very vague in her description of the girl involved. Finally, it dawned on me. I asked her, “Are you talking about the girl in your class who is black?”  Since there was only one child in the class of African American descent, that did indeed narrow it down. But my daughter was horrified because the kids had been taught never to refer to a person’s race, even when it was the most accurate descriptor.  If I thought that was absolutely ridiculous, I had no idea at the time what was coming down the pipe of political correctness.

Well, here it is. And what has come out of the pipe is the pure sewage of cognitive dissonance.

What could possibly go wrong in a society that politely accepts fantasy as fact? It seems pretty obvious to me that college students are being prepped for the world Orwell had imagined.

Here’s What’s Going on Behind the Pending Economic Disaster

I sent out an extra email last week because I stumbled upon a series of events that made me wonder if the economic collapse is truly upon us. The Fed (which isn’t at all federal, but that’s another story – and one you really should read) has issued warnings to 3 major banks that their contingency plans simply won’t cut it. Chillingly, the Fed wrote to JPMorgan Chase that their plan was “not sufficiently actionable” and that it contained a “deficiency” so great that it could “pose serious adverse effects to the financial stability of the United States.”  Gulp.

Meanwhile, secret meetings between those in the economic know abounded last week and Saudi Arabia threatened the US with massive economic reprisals – and by massive, I mean billions and billions of dollars –  if their part in 9/11 came to light in a bipartisan bill on the table in Congress that would allow victims of 9/11 and other terrorist attacks to sue foreign governments.

A commodity trader has come forward (sort of…anonymously) and said that the current plan in the economic world is even worse. In his own words:

Here comes my Very-REAL Conspiracy Theory: the stupid FED and other Central Bankers around the world acting in unison to artificially raise inflation so that they can hopefully get out of the F’ing mess they got themselves into with this low/negative rate BS.  Call me crazy, and I am not a “conspiracy theorist” – but what is happening has absolutely no “reasonable” explanation.  So I have to think outside the box…

The FED and other Central Banks have already destroyed the equity and other macro-financial markets… it is now turn for the commodities markets…

Gee…what could possibly go wrong if/when that plan is enacted? Read the rest of his theory here.

Oh – and on a related note, if you ever wondered why no bankers have gone to jail for their parts in the economic cluster pulling the rest of the country under – an insider explains exactly why in this article. What could possibly go wrong with ignoring that?

You’ve Got to Taste It to Believe It

Do you have the supplies you need to survive an interruption in the supply chain? Regardless of what type of disaster you are preparing for, it pays to have nutritious, long-term supplies that you can rely on. Preppers Market features the products I use to ensure my own family’s health and well-being. You won’t find any GMOs, any soy, or chemical preservatives in our foods.  Gluten-free products are also available for those who do not tolerate wheat products.

Emergency foods are hard to fully appreciate without tasting. Before you make an expensive purchase, try our 4 recipe Sampler Pack: Pasta Primavera, Enchilada Beans and Rice, Granola and Sweet Habanero Chili.

Healthy food storage with GMO-Free ingredients and great taste are rare. I know you’ll be convinced when you taste test our food!

Go here to check out the high-quality offerings, or try a sample pack first. You won’t be disappointed in the delicious taste!

Remember How I Said Justice Scalia’s Death Would Have Serious Repercussions?

I’m not one to say “I told you so!” – wait – who am I kidding? I totally am.

So, here it is.

Remember how I said Scalia’s sudden death, whether it came from natural causes or he was murdered, could change everything? At immediate risk, it seems, will be our right to bear arms.

If you’re wondering what could possibly go wrong if we get someone left-leaning in office, consider that Scalia’s replacement could very likely be the deciding factor in whether or not the Second Amendment remains strong. And now, Chelsea Clinton has danced on his freshly turned grave affirmed the plan to poke even more holes in our right to protect ourselves and our families, and even points out how much easier it will be now that Scalia is no longer on the bench. As reported by SHTFplan:

“It matters to me that my mom also recognizes the role the Supreme Court has when it comes to gun control. With Justice Scalia on the bench, one of the few areas where the court actually had an inconsistent record relates to gun control.”

“Sometimes the court upheld local and state gun control measures as being compliant with the Second Amendment and sometimes the court struck them down.”

“So if you listen to Moms Demand Action and the Brady Campaign and the major efforts pushing for smart, sensible, and enforceable gun control across our country — disclosure [they] have endorsed my mom, they say they believe the next time the court rules on gun control, it will make a definitive ruling.”

Stock up, folks. Foodammo, and firearms.

Oh – and on a related note, did anybody else notice that Prince was immediately autopsied and a Supreme Court Justice was pronounced dead over the phone and instantly embalmed, thus precluding the possibility of an investigation into his death? Just sayin’.

Anything to add to Survival Saturday?

Oh – I do! Here’s one last link. Remember how our cat disappeared on moving day? Well, our pampered housecat managed to survive almost 5 weeks in the forest, and now he’s back. Of course, it got me thinking about how we could all learn some survival lessons from a lost kitty – you can check out the story here, assuming you don’t hate cats or happy endings.

from:    http://www.zengardner.com/survival-saturday-possibly-go-wrong/

Economic Stress Indicators

20 Early Warning Signs That We Are Approaching A Global Economic Meltdown

Michael Snyder
Activist Post

Have you been paying attention to what has been happening in Argentina, Venezuela, Brazil, Ukraine, Turkey and China?  If you are like most Americans, you have not been.  Most Americans don’t seem to really care too much about what is happening in the rest of the world, but they should.

In major cities all over the globe right now, there is looting, violence, shortages of basic supplies, and runs on the banks. We are not at a “global crisis” stage yet, but things are getting worse with each passing day. For a while, I have felt that 2014 would turn out to be a major “turning point” for the global economy, and so far that is exactly what it is turning out to be.  The following are 20 early warning signs that we are rapidly approaching a global economic meltdown…

1 The looting, violence and economic chaos that is happening in Argentina right now is a perfect example of what can happen when you print too much money

For Dominga Kanaza, it wasn’t just the soaring inflation or the weeklong blackouts or even the looting that frayed her nerves.

It was all of them combined.

At one point last month, the 37-year-old shop owner refused to open the metal shutters protecting her corner grocery in downtown Buenos Aires more than a few inches — just enough to sell soda to passersby on a sweltering summer day.

#2 The value of the Argentine Peso is absolutely collapsing.

#3 Widespread shortages, looting and accelerating inflation are also causing huge problems in Venezuela

Economic mismanagement in Venezuela has reached such a level that it risks inciting a violent popular reaction. Venezuela is experiencing declining export revenues, accelerating inflation and widespread shortages of basic consumer goods. At the same time, the Maduro administration has foreclosed peaceful options for Venezuelans to bring about a change in its current policies.

President Maduro, who came to power in a highly-contested election last April, has reacted to the economic crisis with interventionist and increasingly authoritarian measures. His recent orders to slash prices of goods sold in private businesses resulted in episodes of looting, which suggests a latent potential for violence. He has put the armed forces on the street to enforce his economic decrees, exposing them to popular discontent.

#4 In a stunning decision, the Venezuelan government has just announced that it has devalued the Bolivar by more than 40 percent.

#5 Brazilian stocks declined sharply on Thursday. There is a tremendous amount of concern that the economic meltdown that is happening in Argentina is going to spill over into Brazil.

#6 Ukraine is rapidly coming apart at the seams

A tense ceasefire was announced in Kiev on the fifth day of violence, with radical protesters and riot police holding their position. Opposition leaders are negotiating with the government, but doubts remain that they will be able to stop the rioters.

#7 It appears that a bank run has begun in China

As China’s CNR reports, depositors in some of Yancheng City’s largest farmers’ co-operative mutual fund societies (“banks”) have been unable to withdraw “hundreds of millions” in deposits in the last few weeks. “Everyone wants to borrow and no one wants to save,” warned one ‘salesperson’, “and loan repayments are difficult to recover.” There is “no money” and the doors are locked.

#8 Art Cashin of UBS is warning that credit markets in China “may be broken“.  For much more on this, please see my recent article entitled “The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next?

#9 News that China’s manufacturing sector is contracting shook up financial markets on Thursday…

Wall Street was rattled by a key reading on China’s manufacturing which dropped below the key 50 level in January, according to HSBC. A reading below 50 on the HSBC flash manufacturing PMI suggests economic contraction.

#10 Japanese stocks experienced their biggest drop in 7 months on Thursday.

#11 The value of the Turkish Lira is absolutely collapsing.

#12 The unemployment rate in France has risen for 9 quarters in a row and recently soared to a new 16-year high.

#13 In Italy, the unemployment rate has soared to a brand new all-time record high of 12.7 percent.

#14 The unemployment rate in Spain is sitting at an all-time record high of 26.7 percent.

#15 This year, the Baltic Dry Index experienced the largest two-week, post-holiday decline that we have ever seen.

#16 Chipmaker Intel recently announced that it plans to eliminate 5,000 jobs over the coming year.

#17 CNBC is reporting that U.S. retailers just experienced “since 2008″>the worst holiday season since 2008”.

#18 A recent CNBC article stated that U.S. consumers should expect a “tsunami” of store closings in the retail industry…

Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller stores.

On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April. It’s the latest of about 300 store closures in the U.S. that Sears has made since 2010. The news follows announcements earlier this month of multiple store closings from major department stores J.C. Penney and Macy’s.

Further signs of cuts in the industry came Wednesday, when Target said that it will eliminate 475 jobs worldwide, including some at its Minnesota headquarters, and not fill 700 empty positions.

#19 The U.S. Congress is facing another deadline to raise the debt ceiling in February.

#20 The Dow fell by more than 170 points on Thursday.  It is becoming increasingly likely that “the peak of the market” is now in the rear view mirror.

And I have not even mentioned the extreme drought that has caused the U.S. cattle herd to drop to a 61-year low or the nuclear radiation from Fukushima that is washing up on the west coast.

In light of everything above, is there anyone out there that still wants to claim that “everything is going to be okay” for the global economy?

Sadly, most Americans are not even aware of most of these things.

All over the country today, the number one news headline is about Justin Bieber.  The mainstream media is absolutely obsessed with celebrity scandals, and so is a very large percentage of the U.S. population.

A great economic storm is rapidly approaching, and most people don’t even seem to notice the storm clouds that are gathering on the horizon.

In the end, perhaps we will get what we deserve as a nation.

This article first appeared here at the Economic Collapse Blog.  Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream and Economic Collapse Blog.

from:    http://www.activistpost.com/2014/01/20-early-warning-signs-that-we-are.html