I think Bill and his rich crony masters are beginning to realize that they have no where to run when the shit really starts hitting the fan…
The young people today will certainly live to see
the economic collapse of the United States of America.
This is guaranteed, and now is not even avoidable.
We are not GOING to go over the cliff,
we’re in mid air right now, and most people will
hit the ground and never even know what happened.
The Frightening Truth About Germany’s PHYSICAL Gold Move Pours Out on CNBC
If the gravity of the recent move by the Bundesbank to demand a portion of its gold back from the NY Fed, and all of its gold back from the bank of France is lost on you, check this out.
The horrifying reality of the worldwide central banking monetary sham is beginning to cut through, even on CNBC. Although mockingbird host Melissa Lee tries her best to diffuse the outpouring of truth in this ‘Market Mystery’ segment, she fails miserably. Lee kicks off this must-watch clip by asking, “Why is Germany moving gold out of the United States? Why don’t they trust us any more?”
CNBC’s Guy Adami goes on to break it down in a way that surely must have left Mr. Geithner and the Bernank reaching for their red direct-line phones to CNBC censors.
“If you think Germany’s going to be the last, they’re not. People will line up and do this, and you talk about runs on banks? Well, this could potentially be exactly that because if everyone wants there metal back at once you better hope A.) that it’s THERE, and B.) that we’re able to do it. And I’m telling you, the act itself is not bullish gold necessarily but the act itself sends messages about what’s going on in the world.“
At the conclusion of Adami’s rant, Lee sheepishly asks, “Is there maybe not enough gold in the bank?” To which the response is, “Yeah, potentially.” Lee responds, “You sound like a real conspiracy theorist.”
It’s too late for that nonsense Ms. Lee. The cat has been outta the bag for quite some time, and even CNBC’s brainwashed mainstream audience is beginning to see the truth now: The Western fiat banking system is mortally wounded, and this broken paradigm will soon come to an end.
What is a currency collapse?
Most people don’t understand that currency is debt. It’s a promisory note. It’s accepted since it’s easy to use versus barter. It’s universally accepted.
If a nation spends more in a unsustainable way, that the incoming assets and deliverables from providing a service, then that business is bankrupt over time.
When a nation does that long term, investor confidence declines.
Now we have many nations that are not using the dollar for oil exchanges. They were before. That phenomena is call petro-dollars.
If there’s less demand for dollars, and less confidence in the ability of a nation to pay its debt instruments (government bonds, notes, treasuries), then the currency value declines.
As that happens, more and more of the same units of currency must be used. That’s called inflation.
When that happens, a collapse of a currency occurs.
That’s not debatable. He spoke succintly.
Understand this: less than 1% of currency is printed. Most is funny money. It’s made up out of thin air. A bank will take $100 in real currency, and then loan at 20:1 or 2000 in loans.
But, there’s no paper money that your company gives you. They give you a check. A check is a debt to you and based upon the financial security of the institution, then you accept it, and the bank accepts it, and then it clears.
You were warned people.
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