Mike AdamsAn internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim.
"The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock," wrote Tom Fitzpatrick, Citibank’s chief technical strategist.
He goes on to explain that the massive money creation efforts by the Federal Reserve and other central banks will end with one of two things: A resurgence of inflation, or a fall into "depression, civil disorder and possibly wars." Either outcome, he says, will cause the price of gold to skyrocket. Gold will push to well over $2,000 per ounce, he explains.
The timing on all this? Sometime in either 2009 or 2010, said the analyst.
This coincides with predictions I’ve made, where I’ve publicly predicted price inflation of 20% - 40% in 2009, and the financial collapse of the United States government (sometime before 2025) due to an irreversible debt burden.
I’ve also predicted that when the people wake up and realize their dollars have been looted by the Treasury and turned into worthless pieces of paper, there will be riots in the streets.
These events have already been set into motion. It is now only a matter of time until they bubble to the surface. On the day the mainstream taxpayers actually figure all this out, don’t be caught out in public. Stay home.
3 comments:
I'm on the record about this with your boy Michael David Cobb Bowen. If he's not your boy, y'all are local and I'd be happy to organize some form of get acquainted concall or something. I'd hate to see good so-cal brothers not working together to make it through the dark passage beyond that signpost up ahead.
Y'all can pass the hours of that long slog out here to the safe haven of the heartland comiserating on how much you each hate the gay boys. (though they'll have nothing whatsoever to do with the shit storm that's coming - and in retrospect - given the folk who WILL be seeking to put this turn of events to nefarious use - you'll both be kicking yourselves for wrongheaded bullying and bigotry)
BTW - did you follow up on my suggestion to you from a couple months ago? You know, the one where I tried to tell you where to go in search of deep discounts as compared and contrasted with the mainstream market?
Nah, build your local and national and even international network of friends and allies now.
You know that you'll have to be able to provide as much, protection, food, energy, etc. as you can for yourself anyway. Just start now.
No shit. You might disappear for a very long time, courtesy of the Patriot Act.
And it won't 2025 when the financial collapse goes down either. Save now, 'cause 2009 will be a bitch.
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