Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Over 1% and 2% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 17 2017
By: Ira Epstein

Next-Generation Crazy: The Fed Plans For The Coming Recession
By: John Rubino

COT Gold, Silver and US Dollar Index Report - November 17, 2017
By: GoldSeek.com

Gold Miners’ Q3’17 Fundamentals
By: Adam Hamilton, CPA

Bonfire of the Absurdities
By: John Mauldin

The Social Security Inflation Lag Calendar - Partial Indexing Part 1
By: Daniel R. Amerman, CFA

Rob From The Middle Class Economics
By: Gary Christenson

GoldSeek Radio Nugget: John Williams and Chris Waltzek
By: radio.GoldSeek.com

The Metals Market Is A Mess And Will Likely Continue To Frustrate You
By: Avi Gilburt

 
Search

GoldSeek Web

 
John Rubino: A Crisis Unlike We Have Seen In Human History


 -- Published: Thursday, 19 May 2016 | Print  | Disqus 

By Rory, The Daily Coin

I sat down with John Rubino, Dollar Collapse, to discuss the current state of our economic world. In a very lively conversation we hit some of the more pressing items of the day. John has done a fantastic job of documenting the demise of the dollar since he co-authored ” The Collapse of the Dollar” with James Turk back in 2004. John’s insights and analysis are top shelf and should be on everyones list of people to follow.

How many “emergency” “secret” meetings do the central planners, around the world, need to have before the citizens of the respective countries begin to fully understand and take notice that something is very, very wrong? This year alone there have been several off-calendar meetings with, at least, one more now added to the docket.

The G-20 central planners have scheduled an “emergency” meeting for summer 2016. What will the topics be? Could it possibly be the fact the global economy is on the verge total collapse? With the Baltic Dry Index, Shanghai Containerized Freight Index, not to mention commodities, all spiraling out of control to the downside, do you think there may be a reason for these people to be concerned? My guess is they could care less and are simply meeting in order to determine how the remaining wealth, in their respective countries, will be divided as the global economy continues grinding to a halt.

If one simply looks at the following line-items it is clear for anyone to see something is about to hit the fan and it’s not anything anyone wants hitting the fan.

– 45 million people in the U.S. on food stamps

– some estimates as high as 10 million refugees flooding into the European Union

– non stop wars of aggression involving NATO, Russia, Syria and several other countries

– financial crisis that began in 2008 has not been addressed and the problems that started that year have grown larger and far deeper

– banking system in the European Union, especially Italy, is under enormous stress due to faulting/fraudulent accounting

– Federal Reserve balance sheet at $4 TRILLION – U.S. debt at $20 TRILLION and counting

– United Kingdom/Britain and the Brexit movement that is taking root

– U.S. Presidential candidates, Donald Trump and Bernie Sanders garnering global attention as the citizens of the U.S. seek alternatives to the current embedded criminal politicians.

– Japan instituting a Negative Interest Rate Policy (NIRP) for their sovereign bonds – Japan has basically been in a recession for over 20 years

– China is manufacturer to the world and with economies slowing down or shutting down there is no reason to manufacture products

– Venezuela has entered into currency collapse – no one will admit it or call it what it is, but the country has no currency and the people are, literally, starving to death

These are just a few of the items that are currently hampering growth for individual citizens and individual Western nations. Currently, there are just too many holes that need to be filled and the central bankers are loosing control and the people are loosing faith in the narratives they are being fed. Once faith is lost, in mass, the show will become a lot more interesting and a lot more dangerous.

In order for the show to remain at arms length people need to understand their role in what is happening. We must have certain items in our possession at all times in order to avoid being swept away in the wave of economic collapse. Will this be a wave like you would see on TeeVee? Of course not. The “wave” was launched in 2008 and has been gathering momentum ever since. It will simply wash over your remaining wealth and leave even more destitute than is your current situation. Silver, gold and lead are must haves for the rising tide of uncertainty. Long term food storage and the usual storable items that make your house a home need to be at the top of the list. There is plenty of information to help you get your house in order and there has never been a better time to keep the shelves stocked than right now. Will this implode tomorrow or next week or next month? Who’s to say. What can be said is this, it is happening, your wealth is being drained at this moment. The central planners are absolutely terrified of something, otherwise, the continual “emergency” “secret” meetings would stop. When an animal senses danger they become irrational, their behavior becomes erratic and their actions unpredictable. This is exactly what we are witnessing with the central planners around the world. It is time to begin taking these signs seriously and putting into place personal protection, at all levels, in order to weather the storm and don’t forget the popcorn.


| Digg This Article
 -- Published: Thursday, 19 May 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.