[hojutok]

We have been talking about the destruction of the money system for many years and most of us have been preparing for it in little ways. We watched as our laws were overtly violated by bankers, Wall Street corporations and our government. We saw the private entity called the Federal Reserve hide its dealings and when it revealed two years later what it had done in 2008 & 2009, we were shocked by how far it went to bail out foreign banks as well as "American". And we still suspect that we have not heard all of the story.

We should have seen the crash happen in 2008 and into 2009. I personally lost a significant amount of money when the government changed the rules on Wall Street, wiping out my very profitable positions. Not only did they change the rules whimsically and without notice to us, they forewarned their big bankster friends like Goldman Sachs. It turns out that Hank Paulsen was having meeting with Goldman Sachs executives in such patriotic places as Russia.

We have seen an illegal alien get elected as president and a fraudulaent birth certificate posted on an official government website. We see fraud everywhere in government and business and the only prosecutions happen against outsiders.

The crash has been delayed. How long? Well, there are some very basic principles that will not be denied. If I am in the wilderness and I do not prepare a shelter, I will suffer the elements of wind & rain.... maybe snow & ice. Alone in the wilderness, I cannot cheat someone out of their shelter. I cannot guilt them into housing me. A principle holds true at all extremes. The principle here is that if you do not shelter yourself, you either rely on someone else or you go without.

Likewise, when you fail to produce valuable goods for others, you have nothing to trade them in exchange for goods that you need. The means of producing valuable goods has been shipped out of America. Not entirely, of course, but on a wholesale level. The argument that it was just menial jobs and production, failed to acknowledge that many engineering, supply and support jobs were also lost. We now have a new term in our language: "99-ers". The principle tells us that if you don't work, you don't eat.

Temporarily we have had a corrupt system perverting the principles and subverting people's understanding of truth. There is a day of reckoning coming. Fake money is now in its death throes as is our whole society. We have had a system that continues to "kick the can" of reckoning down the road by pretending to borrow from the future. This is the deception of "creating present value" by fabricating future debt. Such a system built on lies can only last until the weakest link fails. Our weakest link has failed.

So, when will we see the unravelling happen fast enough to escape the ponzi scheme continuance gravity? How will it appear and how do we position ourselves to not only survive, but thrive in it? Falling rain can be a cause of hypothermia, a water supply or a power source. Cold can be a shelter concern, a protection from insects and vectors, or a profit center as you provide warmth for others. We need to attack the coming problems with practical answers for others. The ability to solve others' problems will be a source for your survival.

So if you have foresight, use it and plan ahead.

[Mynameishappy]

Prepare for the rending.

[bUqLfXRI]

Money has been outlawed since 1933. Sure, gold as a commodity is back and commemorative gold coins not intended for circulation are back but they don't have the same purpose as before outlawed. The crash occurred in 1933 and has worked havoc in society. Contracts have been "restated" in 1938. Federal common law has been thrown aside. Federal zones have been imposed over sovereign states. People are imprisoned for their "bond" value and duration. Birth certificates have been turned into negotiable instruments. Drugs are rampant. Welfare is normal. Wars occur without an appropriate declaration or even a reason. Presidents commit crimes against cigars.

Just exactly which one of these events DOESN'T classify as a crash of the system?

[cl004]

What most people don't realise is that we are already walking on water, all that is needed is for gravity to pull us down.

[Mr Andrews]

Money has been outlawed since 1933. Sure, gold as a commodity is back and commemorative gold coins not intended for circulation are back but they don't have the same purpose as before outlawed. The crash occurred in 1933 and has worked havoc in society. Contracts have been "restated" in 1938. Federal common law has been thrown aside. Federal zones have been imposed over sovereign states. People are imprisoned for their "bond" value and duration. Birth certificates have been turned into negotiable instruments. Drugs are rampant. Welfare is normal. Wars occur without an appropriate declaration or even a reason. Presidents commit crimes against cigars.

Just exactly which one of these events DOESN'T classify as a crash of the system?

Geee, is that all that has gone wrong?

You are exactly right, of course. The principles have been violated in manifold witness. The corruption is thoroughly embedded. But, we are still living off the goodness and blessings that once were commonplace. Those blessings have now been withdrawn on a corporate or national level. The people are getting what they asked for. It has become a fit habitation for fallen man.

One step ahead your a genius, two steps ahead and your a crackpot. That's the reaction you get from others if you have foresight, use it and plan ahead. Quietly prep but keep others in mind, like family which may soon show up at your door.

I have been a crackpot for many years... even among my own family. In the 1990s I began to prep and even bought a generator prior to Y2k. Since then, the generator has provided the luxury of electricity during many power outages. Shell by onion skin shell, I have become less of a crackpot, but most still don't have the vision I try to show them. Little by little they talk about joining me if things get bad. I tell them that those who join me before it gets bad are welcome. Those who come later can keep on moving.


So, in order to be a genius and not a crackpot, what will we see next? How do we prep to ride the wave?

[newwebstar]

That one thing I like about this forum, it is quite becoming to us crackpots.

[somasideff]

The Federal Reserve opted to leave rates as they are. The stock market looks like a beaten wife who is afraid to leave the beast who beats her regularly. It cycles up and down in roller coaster fashion but always seeming to be caught by the pump monkeys when it starts dropping too fast.... and then artificially pumped up in low volume hours.

JP Morgan is being looked at as a conspirator to the MF Global bankruptcy- clearly being used to wipe out customers who were planning on metal delivery- which would have broken the fake bank... i.e. shown everyone that there is no metal on the shelf.

My guess is that there will be a time that so many demands are put on the manipulators that things will slip up.

I suspect they will let the Euro crash and since they have now gotten away with the federal reserve providing swaps of FRNs for Euros, they will use that crash to bring down the dollar. The people will demand a SAFE currency... and the new SDRs will be heralded as the new global currency for peace, safety and fairness for all. (especially the banksters)

[Aw1HhC0m]

We are living the crash everyday. I think the people that are expecting some overnight crash are going to be disappointed. Its gonna be a long slow right to the bottom, but that JMHO. Enjoy what we have while you can.

[DrCeshing]

Right now, as the Euro crashes, we see commodities drop as well, since the dollar is viewed as more valuable. This is a time to store up a few dollars and get ready to go heavy into metals or other needed assets. There will be a day when the dollars are suddenly devalued and they crash like the Euro.

[HartOvara]

That one thing I like about this forum, it is quite becoming to us crackpots.

Speaking of crackpots, here is a copy of Nietzsche's aphorism, The Madman. I've modified it to change references to God with gold/the dollar.



Nietzsche:
Parable of the Madman

THE MADMAN----Have you not heard of that madman who lit a lantern in the bright morning hours, ran to the market place, and cried incessantly: "I seek gold! I seek gold!"---As many of those who did not believe in gold were standing around just then, he provoked much laughter. Has he got lost? asked one. Did he lose his way like a child? asked another. Or is he hiding? Is he afraid of us? Has he gone on a voyage? emigrated?---Thus they yelled and laughed

The madman jumped into their midst and pierced them with his eyes. "Whither is the dollar?" he cried; "I will tell you. We have killed it---you and I. All of us are its murderers. But how did we do this? How could we drink up the sea? Who gave us the sponge to wipe away the entire horizon? What were we doing when we unchained this earth from its sun? Whither is it moving now? Whither are we moving? Away from all suns? Are we not plunging continually? Backward, sideward, forward, in all directions? Is there still any up or down? Are we not straying, as through an infinite nothing? Do we not feel the breath of empty space? Has it not become colder? Is not night continually closing in on us? Do we not need to light lanterns in the morning? Do we hear nothing as yet of the noise of the gravediggers who are burying the dollar? Do we smell nothing as yet of the divine decomposition? The dollars, too, decompose. the dollar is dead. The dollar remains dead. And we have killed it.

"How shall we comfort ourselves, the murderers of all murderers? What was holiest and mightiest of all that the world has yet owned has bled to death under our knives: who will wipe this blood off us? What water is there for us to clean ourselves? What festivals of atonement, what sacred games shall we have to invent? Is not the greatness of this deed too great for us? Must we ourselves not become bankers simply to appear worthy of it? There has never been a greater deed; and whoever is born after us---for the sake of this deed he will belong to a higher history than all history hitherto."

Here the madman fell silent and looked again at his listeners; and they, too, were silent and stared at him in astonishment. At last he threw his lantern on the ground, and it broke into pieces and went out. "I have come too early," he said then; "my time is not yet. This tremendous event is still on its way, still wandering; it has not yet reached the ears of men. Lightning and thunder require time; the light of the stars requires time; deeds, though done, still require time to be seen and heard. This deed is still more distant from them than most distant stars---and yet they have done it themselves.

It has been related further that on the same day the madman forced his way into several banks and there struck up his requiem aeternam pecunia. Led out and called to account, he is said always to have replied nothing but: "What after all are these banks now if they are not the tombs and sepulchers of the dollar?" Original can be found here:
Nietzsche: Parable of the Madman

[QiuCIOdO]

The fuse is lit.... now we watch to see the next major move.

This will not go well for the average person. The top 1% will be fine IF they were smart enough to prep. The cities could become gang warzones very soon. Those who have will be targets of those who have not.

Liquidation of assets to cover leveraged positions will cause some sharp shakeouts. If this avalanches, we could see blood in the streets.

[Repwailia]

wait until next summer/fall. the kenyan is going to use class & race warfare to try and get himself re-elected. he's going to full out violence with the whole ows schtick.

[effebrala]

They prepared for the crash also.

their "Preps"

indeed! (shlomo talking to yehuda on a newyork street...) " lets see, homeland security in left pocket? CHECK...prison camps built? CHECK....media im right pocket? CHECK, fort knox emptied into OUR vaults? CHECK! yep, we got all the preps we need...

[Casyimipist]

Next leg down- so it seems- as it unwinds further.

PMs are still dropping which means there is a severe problem with liquidity. We could see some amazing acrobatics in the markets over the next few days.

I think it is too early to buy gold or silver. Yes- it will be hard to find physical initially. BUT- watch what happens when the leveraged hands need to dump their assets to cover shrinking positions. If you wait, you can have a boating accident due to overloading.

The next "fix" will be completely devastating to much of the current market as we go into new shades of bizarro world.

[soprofaxel]

Next leg down- so it seems- as it unwinds further.

PMs are still dropping which means there is a severe problem with liquidity. We could see some amazing acrobatics in the markets over the next few days.

I think it is too early to buy gold or silver. Yes- it will be hard to find physical initially. BUT- watch what happens when the leveraged hands need to dump their assets to cover shrinking positions. If you wait, you can have a boating accident due to overloading.

The next "fix" will be completely devastating to much of the current market as we go into new shades of bizarro world.

i think Jim Willie presents the most logical & 'cogent' conspiracy theory about what really happened at MF Global.

that default was imminent at the Crimex and they needed to keep a substantial portion of November contracts from being completed.

granted, it's just a theory at this point.


in any case, i think physical shortages are imminent so anybody who buys today in the $28.50 to $29 range, with a reasonable spread, is doing GREAT.

i agree that the spot price will probably go lower as deflationary forces strike, i.e. as the world realizes that the party's over.

but there's a fair chance it will be like 2008/2009, when you could get PLENTY of silver - in the form of 1000 ounce bars, with a delayed delivery - but limited everything else.


it would be cool to see one of the miner's go "factory-direct" and start selling direct to the public.

except Barrick, i wouldn't buy a Barrick round - too Jew.

[pymnConyelell]

i thought that we all have been living the crash it just been slow down some so the rich folks can buy up what the poor folks are losing . i have never seen so many farm houses setting empty . when i drive i look for this now

[fedordzen]

i thought that we all have been living the crash it just been slow down some so the rich folks can buy up what the poor folks are losing . i have never seen so many farm houses setting empty . when i drive i look for this now

We have been living in a FALL. We are over the cliff. The crash occurs when we hit bottom. Some parts have already crashed- yes! But the majority of people are still living a zombie existence of what they have been doing for all their lives.

When the government siezes up, and gangs roam unopposed, and the money system is deadlined..... then we will have crashed and will see the beast government come into its power.

[VQdeochratis]

I thought I would share an email-ad that I find interesting. Larry Edelson has been much alone in warning about PNs dropping. I have to give credit to this guy.... he has been pretty good and was right when I disagreed with him.
Here is his latest:

Monday, December 19, 2011
Important Update on
Gold and Silver ...
by Larry Edelson

Gold has plunged through many of the support levels I've previously provided you. It's dropped through the $1,730 level ... the $1,610 level ... and has thus far reached as low as $1,564.
Once it closes below $1,610 on a Friday, which it will likely have done before you even read this column — the stage will be set for gold to collapse to at least $1,435 and, very possibly, as low as the $1,100 mark.
And silver, precisely as I've been warning you, has started to crash again — losing more than $4 last week and shattering support at the $30 level ... then the $29.16 level — and is now ready to make a beeline down to $25 and, very possibly, much lower to $22 to $23 an ounce.
As a result, suggestions I made previously to purchase inverse ETFs such as the ProShares UltraShort Gold (GLL) and the ProShares UltraShort Silver (ZSL) are now paying off very nicely. GLL has already soared as much as 29.8%. ZSL, as much as 37.8%.
I've taken a lot of flak over the last couple of months for being bearish on commodities, especially because of my forecast for much-lower prices for gold and silver. Some even treated me as if I were some kind of traitor.
But that's OK. I will never succumb to the crowd that believes markets can go up forever and that bull markets always have blue skies overhead. I've been around too long to fall into that trap, which causes nothing but blindness and losses.
And most importantly, I will never, ever tell you anything but what I believe ... or what my indicators tell me. I can assure you that I'll never report on what anyone wants to hear.
There are way too many pundits in this business who tell you what you want to hear, all in the hope of keeping you as a customer or a subscriber. Not me. I refuse to do anything but report on what I see ... and what I would do with my own money.

Are the Precious Metals
Really Losing Their Luster?
So why are gold and silver falling? Why could they fall much more? Why are they plunging in the face of a crisis as bad as Europe's?
This is where you need to separate fact from fiction, and use critical thinking skills to understand markets. And the truth is that most gold (and other metals) bugs don't have a clue when it comes to what really drives the precious metals.
They figure gold and silver are all about inflation. When inflation is escalating, gold and silver do well. Sounds good, right?

But nothing could be further from the truth! Inflation is a very minor force driving the prices of gold and silver. And at that, inflation isn't even a force. Rather, it's a symptom of a much-deeper issue, which is none other than what I call a "crisis in confidence." That's the true underlying force behind the precious metals' behavior.
Simply put, when confidence in government or in fiat currency is falling, precious metals do well regardless of whether inflation is at hand or not!
Once you understand that, then you have a better understanding on what really drives gold and silver.
But that's not nearly enough either. You have to delve deeper and determine where the crisis in confidence is manifesting itself.
Right now, the crisis in confidence is clearly in Europe. Though the United States certainly has many problems — many of them bigger than those affecting Europe — right now, it's all about Europe, and it's making the United States look like an island of safety.
Put another way, plunging confidence in Europe is bolstering the United States and, most importantly, the U.S. dollar. Since the euro is NOT the world's reserve currency, that means that the capital that's fleeing Europe right now is heading, guess where?
To the U.S. dollar, for safety and liquidity ... which is, by default, bearish for the precious metals.

Should You Get Sold
On Selling Silver, Gold?
So you see, plunging gold and silver prices are not so hard to understand when you delve a little deeper and view the world in international terms and with no biases.

No biases about inflation, one currency or another, what markets can or cannot do. Just pure, simple, logical reasoning — unaffected by emotion. That's all it takes.
Don't get me wrong. There will come a time when a massive crisis in confidence hits the United States. The time is coming, and that is when you will see the next leg down in the U.S. dollar and the next big bull market in precious metals. But it is not here yet!
Which is precisely why I continue to recommend that all precious metals investors be very careful now. Gold and silver can fall much further than you think possible.
And odds are they will. Because their next bull market legs higher will likely not form until most gold and silver investors have thrown in the towel, and there are very few left to sell. That's when the precious metals will violently turn back to the upside, leaving most investors in the dust.
If you've acted on my suggestions to hedge your gold holdings, or take outright speculative positions in inverse ETFs like those mentioned earlier, hold those positions. There's a lot more downside potential in gold and silver right now.
Ditto for most commodities. As Europe continues to go down in flames, capital will pour out of Europe and into the U.S. dollar for cash and liquidity purposes ... boosting the dollar higher, and forcing the prices of nearly all commodities lower.
My Real Wealth Report members have been way ahead of these moves, and I've had them hedge up their gold holdings and take some speculative short positions well ahead of time, and they're doing great.
My more-speculative service, Resource Windfall Trader, is doing fantastic. Every one of my closed trades over the last 12 consecutive months has seen an average 45% gain in market price. That includes all seven of my losing trades over the last year.
The average hold time for those trades is just 44 days — or about a month and a half. Some examples include big wins such as 233.3% gains on a bearish gold position ... 118% and 354% on a bearish silver bet ... and much more, including 101.85% gains on a bearish S&P 500 play.
You might want to consider cranking up your profit potential by becoming a member of my Resource Windfall Trader. You can do so now at a full 30% off the regular membership price by clicking here to read my special report.
Best wishes, as always ...
Larry