Today King World News is pleased to share the one image which captures the astonishing liquidation in gold and how this type of action resembles what took place in the panic and global market collapse of 2008/2009. If you look at the chart below, you will see the liquidation and be able to compare it to the action seen during the panic and global market collapse of 2008:
What KWN readers around the world need to realize is that this liquidation has been welcomed by the Chinese and other nations which are continuing to accumulate large amounts of physical gold. This demand for physical gold is the reason why the gold market has stayed within its long trading range and has not broken down…
The economic collapse, and ensuing civil unrest is coming – or so we’ve been told. Why else would Homeland Security buy up more than 2 billion bullets, purchase more than 2700 tanks and stock pile weaponry all while government white papers outline preparations for a martial law containment of society?
Ahead of that breakdown of society, Washington and the powers that control it have deployed troops across America to train for domestic operation and acclimate the public to their presence. The friendlies, engaging in benign and innocuous activities, will foster trust among the people and let down their guard when things go dark later. It is classic psyops at work.
In that context, we see an acceleration of National Guard and regular Army troops used at public sporting events, in crowd control at festivals and operating with police in law enforcement checkpoints, all in violation of Posse Comitatus. Small examples of this have been occurring regularly in Texas, with a National or State Guard presence at Kite Festivals, Texas Independence celebrations and other public events.
It’s getting worse for those on the bottom.
When Debbie Bruister buys a gallon of milk at her local Kroger supermarket, she pays $3.69, up 70 cents from what she paid last year.
Getting to the store costs more, too. Gas in Corinth, Miss., her hometown, costs $3.51 a gallon now, compared to less than three bucks in 2012. That really hurts, considering her husband’s 112-mile daily round-trip commute to his job as a pharmacist.
Bruister, a mother of four, received a $1,160 raise this school year at her job as an eighth-grade computer teacher. The extra cash — about $97 a month, before taxes and other deductions — isn’t enough for her and her husband to keep up with their rising costs, especially after the elimination of the payroll tax break. Its loss shrunk their paychecks by more than $270 a month.
“If you look at how much prices are going up, you get in the hole really quick,” Bruister said. “It’s a constant squeeze.”
In the wake of the Great Recession, millions of middle-class people are being pinched by stagnating incomes and the increased cost of living. America’s median household income has dropped by more than $4,000 since 2000, after adjusting for inflation, and the typical trappings of middle-class life are slipping out of financial reach for many families.
from Activist Post:
That which mathematically cannot continue will not continue. Western countries, led by the United States and Europe, are in deep economic trouble. Massive debt levels are strangling their economies, and once great nations like Greece and Spain have been reduced to third-world status with staggering unemployment levels and almost daily violent riots.
Those that say it can’t happen in the US are dead wrong. The value of the dollar has been slowly eroded over a century, but now that decline has accelerated and is destroying the savings of hard-working honest Americans. This erosion in dollar value is also threatening the reign of the dollar as the world reserve currency….