Wednesday, April 8, 2015

PROOF: The World Is ACTIVELY PREPARING to DITCH THE DOLLAR — Bill Holter


 by SGT, SGT Report.com:



There is now mounting evidence and undeniable proof that the world is actively preparing for economic life after the death of the Dollar. The facts are now quantifiable, and for those if us who are accustomed to this moment is history where the Dollar is still technically “the world’s reserve currency” and cheap imports fill big box stores, the truth of what’s occurring globally RIGHT NOW as discussed in this interview with Miles Franklin’s Bill Holter is startling – if not downright frightening.
Bill’s recent article TRIGGERS shows how the pieces of the anti-Dollar puzzle are rapidly falling into place: The AIIB is only one piece of the De-Dollarization puzzle, another is the new clearing system set to directly compete with SWIFT. While other important puzzle pieces include the BRICS bank, and the Shanghai PHYSICAL metals exchange which is set to go live very soon, potentially breaking the back of the Comex, the LBMA and the fiat Ponzi which to this point, has protected the Dollar by keeping precious metals prices artificially low through massive paper manipulation.
Bill Holter says, I believe that the world has for the last at least two years, has been preparing themselves to move away from the dollar. But also, they’ve been isolating the U.S., isolating the West, because they KNOW a collapse is coming. And if they can isolate the Western financial system, with them outside the system as much as can be, then they can mitigate the damage to themselves.
Collapse of our current financial system is clearly coming. The question is, how bad will it get for those of us trapped in the United States, trapped holding only Dollars? Holter says, “My hope is that is doesn’t get this bad, but my suspicion is that it will get worse, where you have no access to ATM’s, credit is completely shut off, we may have power, water, electricity supply problems. What I’m going to tell you is, if you know how to, or can learn how to live like Davey Crocket or Daniel Boone, we may go through a period of time where that’s the case. I hope I’m wrong, I fear that I’m right.”


US Economy is NOT as Strong as Some Think

from Boom Bust:




How the Next Economic Collapse Unfolds: ‘This Is How They’ll Press The Reset Button’

by Mac Slavo, SHTFPlan:
The data keeps pouring in. The U.S. economy is in trouble. All of the official statistics like job growth and economic recovery are based on lies and fabrications.
As Christopher Green of Alternative Media Television explains in his latest video commentary, those lies will eventually catch up with us and when they do the consequences will be impossible for most people to imagine.
You need to understand what’s coming… you need to understand the magnitude of the event ahead… this economic collapse that we’re living through today.
Read More @ SHTFPlan.com




FOMC Minutes Preview: Reasons To Be Fearful?

The FOMC surprised the market on March 18 by lowering "the dots" by about 50 basis points. While Yellen gave a fairly exhaustive explanation for this in her speech on March 27 (and Dudley just managed expectations this morning), SocGen notes that market participants hope for more color from the FOMC minutes today. As for the timing of the rates lift-off, the FOMC minutes are unlikely to offer any new insight.




Dudely Admits Fed Actions Dictated By "Market Reaction"- Live Feed

DUDLEY: CAN IMAGINE SCENARIOS IN WHICH JUNE LIFTOFF IS IN PLAY but DUDLEY SEES REASONS TO ERR ON SIDE OF BEING LATE ON RATES
Then he spewed the following previously undisclosed (though assumed - The Dow Data Dependent Fed"How we react after liftoff will depend on how the market reacts."  and the market front-runs.. as he indicates that weakness in March is due to the weather (hawkish) but that "the timing of the Fed's first rate hike is later" (dovish)...




Iran Enters Hornets Nest: Parks Two Warships Off Yemen Coast Immediately Next To Two US Aircraft Carriers

The 34th fleet of the Iranian Navy has left for the Gulf of Aden and Bab al-Mandab Strait in line with the country’s policy of safeguarding naval routes for vessels in the region. The flotilla, which comprises the Bushehr logistic vessel and Alborz destroyer, left Iran’s southern port city of Bandar Abbas on Wednesday, Navy Commander Rear Admiral Habibollah Sayyari said on the sidelines of a ceremony to deploy the fleet.  And now the punchline: the two Iran warships will now be located in the immediate vicinity of not only two US aircraft carriers, CVN-71 Teddy Roosevelt and CVN-70 Vinson, but well as the big-deck amphibious warship Iwo Jima which as reported before is providing marine support should the situation demand it.



Japan Shocked To Find Abenomics Is Destroying Its Middle Class

"It’s like walking in a mine field. Many risks lie ahead of you. Even if you are in the middle class, if something unexpected happens, you could slip into poverty."



Caught On Tape: South Carolina Cop Shoots Unarmed Man 8 Times In The Back

Activists plan to protest in South Carolina today, according to Reuters, after a white police officer was caught on video fatally shooting a 50-year-old black man in the back as he ran away following a traffic stop. The officer has been charged with murder and the FBI and U.S. Justice Department are investigating the shooting, the latest in a series of incidents that have raised questions about U.S. policing and race relations.




Marketwide Stop Hunt Over As Algos Realize Cushing Close To Overflowing

"We felt a great disturbance in The Farce, as if millions of voices suddenly cried out in terror, and were suddenly silenced. We fear something terrible has happened in Cushing."



Putin And Tsipras Are Meeting: Here Are The Main Highlights

While Germany has pre-emptively, and somewhat defensively, come out proclaiming Russian aid to Greece as 'no big deal' - a "routine event" - we suspect the signal that it would send would not be entirely great for the EU (and Obama's) 'Russia is evil' meme. Nonetheless, as Greek Prime Minister Alexis Tsipras meets Russian President Vladimir Putin today - just one day before The IMF loan repoayment is due, topics for discussion vary from lifting sanctions (bilaterally) or bankrolling a bailout to gas discount from Gazprom. Here's a summary...
 



Swiss Government Becomes First Ever To Issue 10Y Debt At A Negative Yield

It had to happen sooner or later... in the new normal of yield-reaching, collateral-shortage-ing, money-printing economalypse, the Swiss government has become the first ever to issue a 10Y sovereign bond at a negative yield. As WSJ notes, while several European countries have sold government debt at negative yields up to five years of maturity - which means investors effectively pay for the privilege of buying it - no other country has previously stretched this out as long as 10 years. Mission Accomplished Central Bankers?
 

This Company Has Made a Stunning Move to Lock Down Gold Supply

from The Wealth Watchman:
This is a biggie! Sometimes an event can come and go, and become important much later, without setting off any alarm bells, as to whether it was important or not from the start.  It happens every day.  Yet, at other times however, you just can’t help but to immediately understand the significance of something the moment it happens.
Brothers, I have a feeling that what was just reported in the gold market, seems to strike that crucially, unmistakable note.  First, let’s touch upon the parties involved, and what they did, because it’s a strategy that seems like such a no-brainer, that I’m surprised most of the big players in the business world aren’t already doing it.
Read More…

Ebola news blackout lifted as second wave of Ebola victims being shipped to America

by David Gutierrez, Natural News:
A total of 18 people potentially exposed to the Ebola virus while working in Africa have been sent back to the United States for health monitoring, news media have reported.
All or nearly all of the people exposed were working for the nonprofit Partners in Health, which has been working to help end the Ebola epidemic in West Africa. When one of the healthcare workers contracted the disease, the others were potentially exposed while helping care for him before he was sent back to the United States for treatment.
The infected healthcare worker is currently in critical condition. None of the other 17 workers have tested positive for the virus.
Read More @ NaturalNews.com


Smart Meters: Enforcement Of Mandatory Water Restrictions Is Only Just The Beginning

by Michael Snyder, The Economic Collapse Blog:
Smart meters are now being used by authorities to crack down on “water wasters” in the state of California, but this is just the tip of the iceberg as far as what they can be used for.  Ultimately, smart meters are designed to be part of an entire “smart grid” that will enable government bureaucrats “to control everything from your dishwasher to thermostat“.   And in recent years, there has been a massive push to install smart meters in as many homes in the United States and Europe as possible.  Back in December 2007, there were only 7 million smart meters installed in this country.  Today there are more than 51 million.  On the other side of the Atlantic, the European Parliament has set a goal of having smart meters in 80 percent of all homes by the year 2020.  This is being promoted as the “green” thing to do, but could it be possible that there is more to these smart meters than meets the eye?
Read More…


Monsanto’s Dream Bill Returns to Block GMO Labeling Forever

by Heather Callaghan, Activist Post:
Almost exactly one year ago, I wrote about a new federal bill that would shut down the ability of the states to decide separately whether or not to label products that contained genetically engineered ingredients. Opponents aptly call it the DARK Act – Denying Americans the Right to Know…
Although sponsored by Rep. Pompeo, HR 1599 is the delight of the Grocer’s Manufacturer’s Association (GMA) – which supports corporations like Monsanto, Nestlé and Dow et al. The “Safe and Accurate Food Labeling Act of 2014″ fizzled out last year, but the GMA worked to get it introduced in the current Congress.
Weston A. Price Foundation calls it “Monsanto’s dream bill” because “it would allow big corporations that make and use GMOs to continue to hide them from consumers, keeping Americans in the dark about what is in their food.” At the federal level….forever.
Read More @ Activist Post


CIVIL UNREST and RIOTS Coming as America’s Poor Spend 60% of Income on Food and Housing

from The Money GPS:





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