" Hence, it appears that the derivatives market has now brought the Western banking system to the edge of the cliff in preparation for the final power grab. The Eastern hemisphere sees what is happening and has been working to prevent this from happening. Whether their alarm is due to their benevolence or to self-interest makes little difference. The East is in the process of overthrowing the wicked witch of the west. Basel III is one of the steps in this process, though it is unclear whether or not it will succeed. It may be too little, too late. The East is backing the idea of asset-based currencies, whereas the West wants to continue with its idea of fiat currencies (backed by nothing).
To this end, the East is positioning itself by purchasing gold. The West is busy lowering the price of gold to support the US$, thereby giving the Eastern nations an unprecedented bargain price. When the gold has been stripped from the West, then the US$ will lose its standing as a world currency, and the honor will pass to another--or perhaps a "basket of currencies." The US$ will then lose most of its value, and huge changes will take place in America's way of life. What America has done to other countries will suddenly be reversed by an inverse Golden Rule, as people will start buying up America with their high-value money, just as American business has done with them in the past.
The coming of Basel III on specific watch dates suggests that July 15 will be an important date as well. Three years ago we cast barley meal into the Mississippi River headwaters on July 9 and saw the results on July 15. Perhaps that is what will happen in 2013 as well."http://gods-kingdom-ministries.net/daily-weblogs/2013/07-2013/what-about-july-9/
As we move through July we will also associate these dates with September 9-15th (July is like September Prophetically speaking from "Dr. Jones") September is turning out to be a significant Month as well we should definitely keep our eyes and ears open
Gold prices spiked $25 dollars 7/10/2013 4-5 P.M. CDT after the close of the us markets something is going to give and it is beginning to show in the precious Metals markets as the Physical Purchases of gold take over the paper ETF'S GnS+Research
what's 90 years later exactly...
BIX WIERhttp://www.roadtoroota.com/public/422.cfm:
My Road to Roota analysis shows that we are VERY CLOSE to the breakdown of the entire fiat monetary system and I thought it a great time to go over final preparations for the coming chaos. In the grand scheme of things you can never be fully prepared for what is about to transpire because nobody on earth has been through it before...not to this scale. I guess the closest thing we can compare it to is the experience of the Germans in the early 1920's with the Weimar Republic. Look at how quickly their currency lost value
ompound that onto a GLOBAL SCALE and the currency in question is ALL FIAT CURRENCIES IN EVERY COUNTRY and you can get an idea of just how big this is and how fast it can happen.
Let me ask you an important question. How safe do you think ELECTRONIC ASSETS really are? I'm not that old but I can remember my first savings account and I was issued something called a "passbook" where the bank had a special stamp they put in my book to record every deposit and withdrawal I made. They also wrote it down in their ledger and signed off on the transaction. For some reason, the act of physically recording my fluctuating wealth made me feel very secure even though the access to my "wealth" was totally dependent upon the health and well being of my bank.That was only 40 years ago. Now days EVERYTHING is done on computers. Your balance, statements, checks, withdrawals, deposits have all been turned into little 1's and 0's and stored on magnetic disks. Oh, be assured that that's all computer data storage is... 1's and 0's recorded on a storage disk. They rarely even mail statements anymore...everything is VIRTUAL.Money is CREATED in the same way....with little 1's and 0's on magnetic discs. Convenient...yes. Durable...NO. Free from fraud...NO. Free from manipulation...NO. In the hands of the Bad Guys...YES! The fact is that computer wealth is even less reliable than paper wealth which in itself is not credible. It is not real wealth but a derivative of wealth. It is nothing but VIRTUAL WEALTH! You might laugh at the 17th century Dutch who experienced the first recorded financial bubble bursting with Tulip Mania. http://en.wikipedia.org/wiki/Tulip_maniaHow could they have possibly believed that a FLOWER could take on the characteristics of money...of true wealth? Well, what do you figure those "Crazy Dutchmen" would think if we told them that we placed ALL our faith in tiny electronic 1's and 0's recorded on a magnetic disc? Who are the REAL FOOLS?Trust in electronic wealth has turned into some kind of MASS HYSTERIA. To think that the entire world has freely placed all their wealth in these little electric blips and in the hands of those who control all the 1's and 0's. What if those 1's and 0's were to disappear one day? Gone forever? What would you REALLY own then? Would you kick yourself for buying into the MASS HYSTERIA when it cracks?I guarantee you that our little experiment with "VIRTUAL WEALTH" is going to end very badly...and very soon!Let's talk about different scenarios of how these 1's and 0's can be erased from this world.
SCENARIO 1 - The EMP(Electro Magnetic Pulse)Let's talk about the sun. It's changing. It's always changing but understanding what ramifications might come of these changes will be relevant for a discussion about the future of our monetary system. First, the sun goes through cycles with increased solar activity on a fairly regular basis...http://www.spaceweather.sflorg.com/space_weather/sob_multimedia/flvswm_14We are entering into a solar maximum where we will encounter more and more solar flares and coronal mass ejections. These events have the ability to seriously mess with our electronics down here on earth. A while back USA Today posted an interesting article about the potential of an EMP (Electro Magnetic Pulse) going off over the US:http://www.usatoday.com/tech/science/2010-10-26-emp_N.htm?loc=interstitialskipOne hundred years ago a decent sized EMP hitting the earth would not have been such a big deal because we were not so reliant on electronics. Today is a much different story. Electronics are in EVERYTHING. From automobiles to media transmission we are 100% reliant on fully functioning electronics. EVEN OUR MONEY AND STORES OF WEALTH ARE NOW ELECTRONIC!So the stability of our electronic world is a big deal these days.I have talked a few times about this in past Friday Road Trips. Now imagine if a large EMP hit the States. We are not just talking about "the grid" as the article suggests but rather EVERYTHING that is run by electronic blips including cars, gas pumps, food delivery and of course ALL OUR MODERN ELECTRONIC ASSETS such as bank deposits, 401k's, ETF's...I can go on and on.Unfortunately, these EMP's can also be caused by setting off a nuclear explosion at altitude. The higher and stronger the blast the more area is effected below.There's more info on Wikipedia with this visual:
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continue reading herehttp://www.roadtoroota.com/public/422.cfm
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