Beijing Hints At Bond Attack On Japan
In response to the increased hostilities between China and Japan, a senior adviser to the Chinese government has called for an attack on the Japanese bond market to precipitate a funding crisis. At $230 billion, China is Japan’s biggest creditor and could do considerable economic damage to Japan by dumping their bonds. China’s true colors are shining through as Chinese hackers take down 19 Japanese websites. This is what the Chinese are going to try on the US after they’re done with Asia.
Russia Expels USAID
The U.S. Agency for International Development, has been told by Russia, they have until October 1st to get out. Russia no longer wants the US to spend $50 million a year to meddle in their internal politics. Looks like the Russians have finally become wise on getting ride of outside interference.
Chaos, Inflation, $10,000 Gold and Silver In Triple Digits
Stephen Leeb believes, that despite pullbacks, silver will blow right through $100 and continue higher. With current events, it is easy to envision everything from very high inflation to even resource wars. This is going to eventually set off a big boom in commodity prices. For example, gold rapidly becoming the premier currency of the world and this trend will continue. So, after preparing, keep stacking physical.
Tungsten Filled 10 Ounce Pamp Suisse Gold Bar
When reputable dealers are finding they have tungsten hidden within 10 ounce serial numbered gold bars, you know things are getting bad. With the second discovery of tungsten filled gold bars, it is best to have gold and silver that are coins of one ounce, or less. Even though the FBI and the Secret Service are supposedly investigating, it is relatively easy to imagine who the professional counterfeiters are in this fraud. It will most likely lead right back to HSBC and their activities with gold and money laundering. Trust, the essential commodity for a bank’s existence, is being lost by many banks’ own actions.
Obama Wins Right to Indefinitely Detain Americans Under NDAA
A federal judge has, yet again, ruled that the Government, without cause, can detain Americans indefinitely. Fear and the Middle East riots definitely had a decisive influence in this poorly rendered decision. Bruce Afran, a co-counsel representing the plaintiffs, suspects the White House has been relentless in this case because they are already employing the NDAA to imprison Americans, or plan to shortly.
DHS Purchases 200 Million More Rounds
The Department of Homeland Insecurity has put out a new order for over 200 million more rounds of ammunition, some of which are designated to be used by snipers. When filled, the government would have 1.6 billion bullets, or more than 5 bullets to shoot every American. Don’t you just feel safer?
Davincij15, one of my first subscribers, makes an excellent point about debt in a financial collapse situation. Do not put yourself deeper into debt, thinking that the price of gold and silver will pull your backside out of the fire when their value takes off. Governments, through price controls and other manipulations, will make that very hard at first. The wise thing is to get out, and stay out, of debt.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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