Articles
Lindsey Williams Articles
DRASTIC! How much longer can they prop up the US dollar?
Pastor Williams has sent me a number of important articles and said “everyone must know what is happening.” One article from AFP discusses China’s decision to begin direct trading between its yuan currency and the euro that started on September 30, 2014. Pastor Williams has said that “anyone who hasn’t gotten out of paper and made total preparations must be awakened to take action immediately. The collapse of the dollar as the World Reserve Currency and Petrodollar is accelerating VERY rapidly.”
‘AFP – China will begin direct trading between its yuan currency and the euro starting on Tuesday, the national foreign exchange market's operator said, as Beijing seeks to broaden the unit's global usage.
The China Foreign Exchange Trade System already offers a platform for yuan-euro transactions but direct trading means the US dollar will not be used as an intermediary currency to calculate rates, according to a statement released Monday.
The market operator said the move aimed to promote bilateral trade and investment, facilitate the use of yuan in cross-border trade and lower conversion costs.
In June, China started direct trade between the yuan and Britain's pound, one of several currencies to be included in a streamlined regime.
China has long had direct currency trade with the United States, and in recent years has added Japan's yen, the Australian dollar, the New Zealand dollar and Malaysian ringgit.
Beijing keeps a tight grip on the capital account — investment and financial transactions, rather than those related to trade — on worries that unpredictable inflows or outflows could harm the economy and reduce its control over it.
But China is seeking greater use of the yuan — also known as the Renminbi (RMB) — in line with its status as the world's second-largest economy and to challenge the US dollar, analysts say.
“Direct trading brings together the RMB with the world's second-most actively traded currency and is a significant step in (the) RMB's globalisation,” said Ryan Song, head of markets for China at British bank HSBC, which is acting as a market maker for the new pair.
“The trade and investment ties between China and the European Union, as two of the world's major economies, can be further strengthened through the greater convenience of direct trading in this pair,” he said in an HSBC statement.
The yuan closed at 7.8085 to the euro on Monday, according to the China Foreign Exchange Trade System.’
Pastor Williams is urging everyone to obtain his latest DVD ‘Special Events Scheduled for 2015’ and get it to everyone they know, he said “if they ever cared about their loved ones – It is NOW. Everything I was told is coming to pass very rapidly.”
Another article shared by him discusses China buying up the USA for pennies on the dollar with Lenovo Group Ltd., a Chinese multinational computer technology company acquiring the IBM x86-based server business. The $2.1 billion acquisition gives Lenovo the third biggest slice of the market for x86 servers, which is estimated to be worth $42.1 billion globally.
Whilst China is busily buying up the USA, Pastor Williams has told me “many currencies in the world seem to be in grave trouble right now, not just the American dollar.” This comes when the Russian Ruble drops to a record low and rapidly approaching the level at which Russia’s central bank said it would intervene.
Pastor Williams has also said “things are happening so rapidly” and urges you to go to LindseyWilliams.net on a regular basis for updates.
He ended his email with “Unbelievable how things are happening right before our eyes TODAY!” and continued “Hopefully – All of this indicates that the coming of Christ is near and the world is being set up for the worldwide Crash of Crashes which the antichrist can be issued in on.” And concluded “EVEN SO COME QUICKLY LORD JESUS.”
Buy Gold As Quickly As Possible!
Pastor Williams has asked me to send out an important update relating to the rapid death of the American dollar as the world’s reserve currency. He has asked me to ‘PLEASE BEG everyone to buy gold as quickly as possible.’ I posted an article at LindseyWilliams.net last week relating to Britain including China’s RMB as a foreign currency reserve for the first time issuing a bond outside of the US dollar and I expand on this article later. Today he shared with me more news this week relating to oil being sold in Russian rubles as well asSaudi Arabia wishing to end the petrodollar system with a major announcement expected to come within weeks, or the very latest a few months for this game changing event. Everything is heading towards the crash that Pastor Williams predicts in his new DVD ‘Special Events Scheduled For 2015’. Pastor Williams has said ‘The American dollar is VERY, Very, very rapidly no longer to be the reserve currency or the petrodollar. Please warn everyone you can. Get out of paper NOW!’
Reserve currency status does not last forever. Pastor Williams has said ‘The Dollar is losing ground BY THE DAY.’ US National Debt has surged $1 Trillion in just 12 months since the tapering of quantitative easing. The Fed is also most likely stalling for time in raising interest rates since it believes that the US economy is really weaker than it wants to admit. Gold is somehow being prevented from its previous job of accurately reflecting an explosive US national debt picture. It seems the stock market is being manipulated. If you haven’t already done so, it is time to make preparations. If you haven’t already gotten out of paper, it is time to do so. Please take Pastor Williams’ words seriously. In his new DVD ‘Special Events Scheduled for 2015’, Pastor Williams tells you the date of the financial crash slated for 2015. It is going to happen! If you are worried about your financial situation, this DVD is essential viewing. To recap, when Pastor Williams was told about the Global Financial Reset (GCR) and went on numerous talk shows to warn you, it was announced officially by Christine Lagarde, Managing Director of the IMF at Davos World Economic Forum in January 2014, exactly as Pastor Williams was told by his Elite friend. Do you really want to hold onto worthless paper investments? Holding out for that extra percentage point on worthless paper doesn’t sound like a good idea especially when you are being told the truth about what is about to happen, which is a Global Financial Crash of the likes we have never seen before!
Pastor Williams has always told you to invest in physical assets such as gold and silver. He has not suggested you invest in any fiat currencies. Do not try and outthink the Elite. Do not wait any longer. I know many people are afraid of making a decision concerning their financial future and are waiting to see what happens. Do not wait too long. Pay attention to the warning signs and buzz words. What is currently happening with the US dollar is a massive warning to us all!
Precious metals are now at a very low rate. It is unlikely the price can fall much further without extraction being halted until the price rises. The price of gold and silver has been manipulated by the Elite so they may buy all that they need. Pastor Williams has told us this before. Take this warning seriously. For the past several years gold has performed between $1,200 and $1,400 an ounce. It is unlikely to fall south of $1,200. The cost to extract, refine and distribute precious metals is rising and it costs approximately $1,100 per ounce to produce, most probably more with rising inflation. Pastor Williams is recommending that everyone gets out of paper and buys gold and silver now, before it is too late. It is very timely he says this now because you will get more physical gold for your fiat US dollar currency. Please contact your local trusted gold dealer and purchase gold and silver today.
If you do not know of a precious metals broker you can trust, my own personal recommendation is GoldCo. Although they deal in larger investments of more than $5,000, they offer a great service with a 7-day delivery guarantee, where other companies can take several months. They are experts in transforming paper IRA or 401k retirement funds into gold, silver, and other physical precious metals and have several options for those concerned with gold confiscation. A part of their great service they also pay the first year dues for retirement accounts, which include all the setup fees, administration fees, storage fees and delivery of metals. The reason I recommend GoldCo is that I have found them to be honest and trustworthy. You can ask them any question and they will give you an informed answer. Give them a call on 1-877-414-1385 or visit their website where you can read many testimonials from their existing customers.
Some of you may not have a lot of money right now. Times are still tough. I tell everyone to take every day as a day you can prepare for the worst. The guide I wrote a year ago ’10 Steps to Avoid the Crash’ goes a long way to help you prepare. Get yourself as self-sufficient as possible. Let us all pray for the best. The protection of your family is the most important preparation you can make. Prepare now, prepare quickly!
Pastor Williams also told me ‘As people become more and more SINFUL, the systems of our present modern world become less and less efficient. Eventually the whole system will break down and fail. The Elite do have their share of problems also.’
IMPORTANT: Prophecy Club Back Up & Running after Virus Hit!
The Cryptowall virus hit Prophecy Club computers this past week and they were shut down for most of the week. During the shutdown Prophecy Club accepted no phone calls because of the virus. Just to let you know phone calls will now be accepted by Prophecy Club. Prophecy Club apologises for any inconvenience caused by the virus.
You can purchase Pastor Williams' new DVD ‘Special Events Scheduled for 2015' from the Prophecy Club website or by calling 1-888-799-6111
Lindsey Williams “This definitely marks the death of the American dollar as the World Reserve Currency”
Today I happened to receive an interesting article relating to the British government intention to issue a Chinese Renminbi denominated bond and use the proceeds to finance the government's reserves of foreign currency. The article is from News.cn, published on September 13th, 2014 and it is entitled “Britain to include China's RMB as foreign currency reserve”.
British Chancellor of the Exchequer George Osborne said the following in a press release of the Sixth China-UK Economic and Financial Dialogue (EFD) in London:
“I can now announce that the UK government intend to be the first national government outside of China to issue a bond in China's currency. We issued bonds in U.S. dollar before, now we will be issuing a bond in RMB”.
Mr. Osborne described this dialogue with Chinese Vice Premier Ma Kai as “an historic moment” and a statement of British confidence in the potential of the Chinese Renminbi (Chinese Yuan) to become “the main global reserves currency”.
He also said:
“And let me be clear, as China becomes a bigger and bigger part of the world economy, their currency is going to be used around the world. We here in Britain understand that, and we want us to be the first country in the west to seize the opportunities that it will bring”
Mr. Osborne also noted that the issuance of Chinese currency bond means jobs and investment in Britain, which the government's long-term economic plan is all about.
I shared this article with Pastor Williams who told me “This is startling beyond words to describe it. PLEASE post it with my remark”.
Pastor Williams says “This definitely marks the death of the American dollar as the World Reserve Currency, in my opinion.”
He ended his email with “Lord bless and help us,”
This is very serious and has dire consequences for all Americans. Those who doubted what Pastor Williams has been saying for over thirty years will notice what he has been saying has been continuing to be rolled out by the Elite at an ever increasing rate. There can be no denying about this. What Pastor Williams has said about the US Dollar is now official.
It is time to make preparations. If you haven't already gotten out of paper, its time to do so. Please take Pastor Williams words seriously. In his new DVD “Special Events Scheduled for 2015”, Pastor Williams tells you the date of the financial crash slated for 2015. It is going to happen! If you are worried about your financial situation this DVD is essential viewing. To recap, when Pastor Williams was told about the Global Financial Reset and went on numerous talk radio shows to warn you, the GCR was announced officially by Christine Lagarde, Chairman of the IMF at Davos World Economic Forum in January 2014, just as he was told by his Elite friend. Do you really want to hold onto your paper investments, waiting for that extra percentage point when you are being told exactly what is going to happen? A Global Financial Crash of the likes we have never seen before! Don't try to out-think the Elite, Pastor Williams has told you to invest in physical assets such as gold and silver. I know some of you have already done this, but others are still waiting to see what happens. Don't wait too long. Pay attention to the warning signs and buzz words and this is a massive warning to us all!
I know some of you don't have a lot of money right now. Times are still tough. I tell everyone to take every day as a day you can prepare for the worst. The guide I wrote a year ago “10 Steps To Avoid The Crash” goes a long way to help you prepare. Get yourself as self-sufficient as you can. Let us all pray for the best, but prepare for the protection of your family and that is the most important preparation you can make.
…And prepare quickly!
2015 Has Already Begun!
“It is happening right before your eyes. The American dollar is GONE. 2015 has already begun. I warned you in my NEW DVD. It has only been out one week and today – A commercial airliner is shot down, allegedly by Russia – Israel has invaded Gaza with ground troops – An Ebola epidemic has broken out – All the countries listed in the report below will no longer use the American dollar.
My Elite friend said that from now through 2015 will be the most unusual and challenging times we have ever known.
Get 2015 – Elite Agenda and share the DVD with everyone you know, it is the greatest favour you can do for someone you care about.”
Pastor Williams
IMF congratulates BRICS for new fund, offers help
BRASILIA (Reuters) – The International Monetary Fund on Wednesday congratulated the five BRICS countries for creating a new reserves fund that intends to challenge Western dominance in the global lender.
The IMF's managing director, Christine Lagarde, said the lender would like to work with the BRICS in the new fund, which pools together $100 billion in reserves from Brazil, Russia, India, China and South Africa.
BRICS leaders on Tuesday launched the fund and a joint bank of the same size in a bold step to press for a bigger say in the global financial order centered on the IMF and the World Bank.
The fund, known as Contingent Reserve Arrangement, aims to help BRICS countries with balance of payment difficulties.
“IMF staff would be delighted to work with the BRICS team dedicated to this project with a view to reinforcing the cooperation among all parts of the international safety net,” Lagarde said in a statement.
China, holder of the world's largest foreign exchange reserves, will contribute the bulk of the reserves pool, or $41 billion. Brazil, India and Russia will chip in $18 billion each and South Africa $5 billion.
Pastor Williams has informed me that he will not be doing any radio shows for the time being. However, he may do so in the future. He told me “When people watch the events of today, they will know what my Elite friend was referring to. You just have to open your eyes and you will know what my friend was trying to tell you. This is only the beginning. Things will happen so fast from now on it will boggle your mind.”
On another note, Pastor Williams' new DVD ‘2015 – Elite Agenda' is not to be uploaded to the Internet. Whilst Pastor Williams allows purchasers of the DVD to copy the DVD and share it with friends and family, uploading it to the Internet is not allowed. Please respect his wishes.
When I told Pastor Williams of several complaints by visitors about his new DVD ‘2015 – Elite Agenda' being a little different from his normal format he told me that “maybe people will be satisfied when my Elite friend stops giving me information. Remember – He is in his seventies, retired and does not need to be antagonized”. I must add to this, because a few months ago people were complaining that the crash had not yet happened and I sent out an important newsletter with a lot of essential information See: Pastor Lindsey Williams – Global Currency Reset – Update – April 29th, 2014. Pastor Williams told me then “If people only knew, they would hope that the Elite and IMF delay the Global Currency Reset forever. It almost sounds if some people want judgement.” Please remember Pastor Williams is an ordained Baptist minister, his focus is on Bible prophecy and its relevance to current and potential future events. Do not get discouraged, use the information to help you prepare for what is to come. The USA is no longer the largest economy in the World, the slow death of the last superpower is well under way.
Remember through the blood moons, God is trying to warn you and history is trying to tell you through the Cycles of Seven. These are important facts that make understanding what Pastor Williams' Elite contact has been warning him about for many years. To understand the history and what has happened as well as understand Bible prophecy you can make an informed decision what to do about you and your family's future.
Ultimately, the new DVD Pastor Williams has produced is important because it ties in specifically with his previous DVDs “Global Currency Reset“, “Elite Emergency Data“, and “Healing: the Elite Way“. The DVD on its own will not make as much sense unless you have watched and understood those three DVDs.
To assist you, if you have not yet obtained copies, Pastor Williams has instructed Prophecy Club to offer a special 3x DVD set containing “Global Currency Reset”, “Elite Emergency Data”, and “Healing: the Elite Way” available for the remainder of July 2014 you can purchase all THREE of these DVDs for the price of ONE. Please check out the ‘July 2014 Gift Offer‘.
If you want to understand what is happening in the World right now and how to protect your family, then “2015 – Elite Agenda” and the other three DVDs are essential viewing and should be watched in sequence.
Cycles of Seven – Christine Lagarde – The International Monetary Fund
Since it is now July, 2014. Here is a reminder of the strange occult numerology messages regarding the number “7” said by Christine Lagarde, Managing Director of the IMF in January 2014:
“7” references:
1:22 – “Now I'm going to test your numerology skills by asking you to think about the magic seven”
1:34 – “Most of you will know that seven is quite a number
2:24 – “2014, you drop the zero, fourteen, two times, seven”
4:08 – “It will mark the 70th anniversary, 70th anniversary, drop the zero, seven, of the Bretton Woods Conference that actually gave birth to the IMF” (7 + 0 = 7)
4:22 – “And it will be the 25th anniversary of the fall of the berlin wall, 25th..” (2 + 5 = 7)
4:38 – “It will also mark the 7th anniversary of the financial market jietters”
5:08 – “After those seven miserable years, weak and fragile”
5:14 – “We have seven strong years”
5:43 – “Now I don't know if the G7 will have anything to do with it” (G is also the 7th letter of the alphabet)
2014″ references:
1:18 – “The global economy and what we should expect for 2014”
2:19 – “So if we think about 2014”
2:24 – “2014, you drop the zero, fourteen, two times, seven”
3:54 – “So 2014 will be a milestone and hopefully a magic year in may respects”
5:05 – “So my hope and my wish for 2014”
Lindsey Williams – Two New DVDs….
Yesterday I was briefed on –
What will happen in Iraq – Jordan, Lebanon and Syria.
So much NEW information is being given to me that I have decided to make TWO New DVD's. I cannot possibly tell it all in one DVD.
My Elite friend just briefed me on everything that can be expected for 2015. All the Elite agendas.
My Elite friend just briefed me on everything that can be expected for 2015. All the Elite agendas.
I can keep quiet no longer. I must tell everything. As our readers know – I have been quiet for nine months. I cannot stand by and watch certain things happen in 2015 and not tell you in advance.
Watch the web site and I will post bulletins as I decide how to tell what I have been briefed on.
2015 will be the most eventful year you and I have ever lived.
Everyone must understand the following –
- Cycles of seven.
- Elite riot control.
- Blood Moons.
- Where the Elite Hospital is. (YOU WILL NEED IT)
How much time do we have?
Pastor Lindsey Williams – Global Currency Reset – Update – April 29th, 2014
It has been just over a month since the last newsletter was sent regarding the Global Currency Reset. Many subscribers have emailed asking for updates. Although Pastor Williams has told me there is nothing new from his elite friend I have looked at a few articles that are talking in the mainstream about things that Pastor Williams has warned about in the past. This newsletter may help you understand a little more about what is about to happen to the U.S. economy and the world in the next few years based on official statements from members of the Elite as well as IMF, World Bank, U.N. and more. In this newsletter I will discuss the Global Currency Reset, Gold, the One-Off Wealth Tax, China, Climate Change and World Government. All these things should make you understand in the next few years the entire global economy will change and you should be making preparations right now to protect not only your financial future, but the future of your health and wellbeing.
I have conversed via email with Pastor Williams regularly over the past month and he has told me that “the correction will be soon and horrifying to most people.” The important information Pastor Williams has provided us with in his DVDs ‘Elite Emergency Data’ and ‘Global Currency Reset’ is still valid. Pastor Williams had this to say regarding certain comments on his website that complained that the Global Currency Reset hasn’t already happened. Pastor Williams said “If people only knew, they would hope that the Elite and IMF delay the Global Currency Reset forever. It almost sounds if some people want judgement. In my DVD, I said “Possibly within Ninety Days.” Sorry to disappoint those who are looking forward to a crash”. Please remember it was not Pastor Williams himself making the prediction this information came from his Elite friend. Pastor Williams shared this information knowing that a concrete timeframe can cause all kinds of problems if it fails to occur. He has risked his reputation on sharing information relating to the GCR and he did it because he was afraid for what would happen to the American people when this event occurs. This event will occur, the IMF do not share idle or speculative comments. Pastor Williams has told me “I still have no new news as my Elite friend is travelling for a few months and I hear from him very seldom. Tell those who want the Reset that my Elite friend knows when it will happen and will probably be home when it takes place so that he will not be in the unrest that will be a result. Relax for a while – Thank the Lord for this delay – Hard times will come soon enough.”
While the Elite, Christine Lagarde and the International Monetary Fund (IMF) did not achieve their desired ninety days (three months) timeframe their plans have not changed whatsoever. They are still going ahead and this is now public knowledge. Take every day that the reset doesn’t happen as a blessing and another day when you can continue to prepare. We are in this situation due to the people’s abdication of responsibility, lack of interest as well as wilful ignorance of anything outside their comfort zone. We have been so dumbed down and kept busy chasing the American dream that we have been asleep as our rights, our property, our freedom has been taken away from us. It is our responsibility to regain our power. We each have a responsibility to look after our family and not rely on the government, corporations and other third parties to do this for us. Pastor Williams has been telling us for years that we must take responsibility, some of us have taken his word and taken the steps to protect our families, others have waited. Eventually it will be too late and those will wish they had taken the helpful advice Pastor Williams has given. I say again do the following things, they are essential to protect your family, if you fail to carry out the steps you, your family and future generations will be reliant on the Elite from the day they are born until the day they die. Buy every piece of gold you can lay your hands on, Get out of debt, Get out of paper, Pay off your house mortgage, Store or buy food, water and personal protection, Get ready for the biggest buying opportunity of your lifetime, Get out of the city, Purchase everything you need, Sort out your medicine cabinet and Get your spiritual house in order. These 10 steps are specifically written to help you avoid, even prosper through the crash that is ever rapidly approaching. Do not think that because the stock market is booming that things are okay. Things are far from okay. This stock market boom is based on the Federal Reserve pumping cash into the system every month. It’s a fake boom, another bubble that will burst. Get your money into tangible assets as soon as you can.
Global Currency Reset
It is now public knowledge that the IMF, are planning a global currency reset. This reset will be the largest financial event in over 1,000 years. In January 2014 The World Economic Forum at Davos was held. At the event Christine Lagarde, managing director of the IMF was there to talk about two R’s, ‘Risks’ regarding tapering and deflation as well as ‘Reset’. As with all Elite, they are always vague and never talk in specifics, unfortunately you have to read between the lines. Christine Lagarde said this about reset “my last ‘R’ is ‘Reset’ we see as necessary going forward a reset in the area of monetary policies, we believe that quantitative easing and the accommodating monetary policies that have been adopted so far should be continued up until such point where growth is well anchored in those economies and this is not yet the case everywhere. Reset in the sense that once it is well anchored, then those accommodating monetary policies have to be reformulated, have to move either back into their old territories or be more traditional or be of a different kind. Second ‘Reset’ is the financial sector reform and regulatory environment that is clearly undergoing a major reset at the moment. The final ‘Reset’ is those structural reforms that are necessary in all corners of the world. Very often people think structural reforms for some of those advanced economies that have such rigid labour markets, no, it’s not just that and I am not sure I would not necessarily associate advanced economies with rigid markets nor would I mark flexibility as the ideal solution for it. But, structural reforms are needed in product markets, service markets, but they are also needed in emerging market economies where structural reforms can take a completely different form from those I have just mentioned. They have to do with bottlenecks in certain countries. They have to do with proper governance, and they certainly take multiple forms including that of unleashing the potential that is there, but that is still constricted by a lot of licensing rights, protective barriers and so forth.” I have left the statement virtually in its entirety for you to review. Here is the link to the video:
http://www.youtube.com/watch?v=VgvLPCPoTKQ
In the question and answer session at the end of the event, Christine Lagarde said “It’s also true that if very well done a good balance sheet assessment of all banks and a good stress test would also participate in the building up of what would be needed for some mutualisation of debt.” Ultimately this is both commercial banks as well as central banks. In regards to tapering on emerging economies she said “On the spill over effects on emerging market economies of tapering. What we have seen in May has been much talked about the actual flow of capitals has not been that big. What we’ve also seen is that not all emerging markets have been affected in the same way and in that way markets and investors are very cunning, they look at the fundamentals of economies, they look at the strength of government, they look at the predictability of policies, they look at the policy mix and then they decide to move in, to stay or to move out. There are countries that have had hardly any currency movement and there are countries that have seen significant currency movement as a result of the talk of tapering and subsequently the announcement in December. But, clearly what has happened in between May and December has been very beneficial to some of the countries and India is a clear example of monetary policies as well as a reaffirmation of fiscal policies that have had an impact on how prepared the Indian economy is prepared.” As you can see Christine Lagarde is well aware of what happened when Ben Bernanke hinted at tapering that cause the stock market to drop and interbank lending rates increase.
In the same video Mark Carney, Governor of the Bank of England and a World Economic Forum Foundation Board Member at Davos 2014 also added to what Christine Lagarde had said about the ‘Reset’. With regards to risks he said “we have been in a very low volatility environment, in large part because of the policies of the major central banks. There are two dynamics one is to move back to a more normal volatility environment, which will feel like a big increase in volatility and potentially move further than that because of some of the structural changes in the financial system.” Mark Carney also talked about interest rate increases being reintroduced gradually. He wouldn’t put a date on it, but from what he said it is clearly looming within the short term.
The day after the above remarks were made at Davos 2014, Christine Lagarde was interviewed for Bloomberg. Her interview is entitled ‘An Insight, an Idea with Christine Lagarde’. She announces her statement “What is needed is a ‘Reset’ of the way in which the economy grows around the world.” She talks of old and new risks especially with China, India, Spain and Iran. Old risks including: financial stability and bubbles; massive unemployment worldwide, north of 200 million people; slow growth rate; and an unbalanced and uneven growth rate. The new risks include: Tapering and spill over effect; deflation particularly in Europe. With regards to ‘Reset’ she talks about multiple fronts including: financial sector regulatory environment being finalised and constantly re-examined; reset of monetary policies by central banks of the advanced economies since they have been using unconventional financial tools; structural reforms in both advanced and emerging territories being below potential. She mentions “rebalancing all over”. Christine Lagarde also talks about inequalities widening globally over the last decade allowing for less sustainable growth and mentions the potential for taxation to change to a more Nordic Dual Income Tax system. The dual income tax system according to Wikipedia levies a proportional tax rate on all net income (capital, wage and pension income less deductions) combined with progressive tax rates on gross labour and pension income. This implies that labour income is taxed at higher rates than capital income, and that the value of the tax allowances is independent of the income level. Have a look further down the page for information relating to a new tax that the Elite wish to implement in order to fund their One World Government.
Later in the interview Christine Lagarde talks about political risks in Arab countries and focuses on Iran where the IMF, have started implementing ‘Article 4’. If you would like more information regarding what the IMF are doing with Iran you can see updated information here:
http://www.imf.org/external/country/IRN/index.htm
Christine Lagarde confirmed that there is no longer any risk of collapse of the E.U., which is very interesting since it has been said by other Elite that the U.S. economy would collapse after the E.U. We will see. In the interview she focused on women not just in economic factors, but in changes in day care, education as well as cultural changes. This is very interesting to me, because the Elite are against the nuclear family. The Elite see the nuclear family as a threat to complete control of humanity. It would be beneficial to the Elite to have both parents working while children are raised and indoctrinated by state institutions. At the end of the interview Christine Lagarde talks about Climate Change being a key challenge for the IMF and major events in 2014 and in 2015 will see significant events to push towards dealing with climate change. Of course since this is the IMF, it is more to do with finance than saving humanity from carbon and at the end of this newsletter you will see exactly why the Elite are pushing the climate change agenda as well as how long they have been focused on it. If you would like to listen to this interview you can here:
http://www.bloomberg.com/video/an-insight-an-idea-with-christine-lagarde-heKSl1aiRam4JbkkuGEGeg.html
“The global financial system, that has produced more and more credit in increasingly easier ways, possibly has reached the point that it can no longer operate in an official way.”
– Bill Gross, founder of investment company PIMCO (2012)
A day or so ago I received an article from Investing.com with an interview with Terence van der Hout of the Netherlands-based Commodity Discovery Fund regarding “Preparing for a Reset of the World’s Reserve Currency”. In the article it mentions that the U.S. and the IMF are already planning to replace the U.S. Dollar. It also talks about SDR’s (Standard Drawing Rights). The article also talks about the resets following the crisis in Germany after the Weimar hyperinflation in 1923, and more recently, in Cyprus. Also it talks about George Soros saying in an interview with The Financial Times that the system is broken and needs to be reconstituted as well as talking about Christine Lagarde’s ‘Reset’.
With regards to gold Terence van der Hout said that we have seen lots of manipulation of the gold price, similar to the 1960’s when the London Gold Pool was keeping prices at $35 an ounce. He said that there has been another round of manipulation in the last few years and that it cannot go on in the short to medium term. He says a revaluation toward $4,200 an ounce or gold prices will have to rise because of structural deficits in the gold market. Global gold production cannot keep up with the growing demand for physical gold and says the World Gold Council shows a deficit of 700 tons of physical gold.
He talks about China and Russia growing their physical gold reserves enormously. Other information within the article talks about gold mining and gold funds as well as silver being the poor man’s gold. He says when the gold price goes up too much, more people start to buy silver. He also says there are no large above the ground stockpiles available anymore.
It is an interesting interview you can read the full article here:
http://www.investing.com/analysis/preparing-for-a-reset-of-the-world's-reserve-currency-210197
IMF Reforms without the US
Earlier in April 2014 there were many articles in the mainstream media regarding the IMF reforming itself without the U.S. These reforms are related to increasing the IMF’s lending capacity and to give greater powers to developing countries especially to Russia and China. The reforms were negotiated among the IMF’s 188 member-nations in 2010 and most countries have already ratified the changes. However, Republicans in Congress have repeatedly rejected these new measures. Christine Lagarde said that she will continue to defer to Congress for now, but it was her first public acknowledgement that the Bretton Woods institution is considering going ahead with the reforms without the U.S., feeling more pressure from Russia (especially after their downgrade by the S&P to just over junk), China and other emerging countries who stand to benefit.
House Republicans have raised various objections and blocked the bid to include the IMF reforms with the Ukraine bill, which would provide $1 billion in loan guarantees to help stabilize Ukraine’s economy and would authorize assistance for democracy, governance and civil society programs and enhanced security cooperation. Among other concerns, they say by doubling the IMF’s permanent lending authority the reforms would expose the U.S. to greater risk of default on IMF loans. However, there has been no history of any nation defaulting on IMF loans.
It’s is obviously a negotiation and eventually these reforms will be passed by congress as it seems that it is merely a corporate bargaining chip. If you wish to read the full article it is here:
http://www.washingtontimes.com/news/2014/apr/10/imf-eyes-plan-b-reforming-itself-without-us/
Countries Bypassing the US Dollar
There are many countries that are no longer using the U.S. dollar as a means to trade internationally. Countries such as China, Russia, India and surprisingly Germany, France and the United Kingdom are all preparing for transition to a new central banking system. Over the past few years there has been a momentous rush towards setting up the infrastructure to replace the dollar completely in global transactions and with 23+ countries preparing new swap lines outside of dollar hegemony. It is coming sooner than you may think. Russia has already started entering a goods-for-oil swap transaction with Iran, causing the U.S. to retaliate with the threat of sanctions. Also, the BRICS Development Bank has been approved and the preparatory work has been done. Furthermore, Russia and India are planning to construct a $30 billion oil pipeline through China’s restive Xinjiang province that could shift the geopolitical balance.
Check out this article for more information on countries no longer solely using the U.S. dollar to trade internationally:
http://www.examiner.com/article/harbinger-23-countries-begin-setting-up-swap-lines-to-bypass-dollar
BRICS Development Bank Preparations
Although the IMF is very much part of global governance the BRICS bloc of emerging economies will have all preparatory work done for setting up its development bank by the group’s summit in July. The bank was first proposed in 2012 and was approved last year at the BRICS summit in South Africa. The start-up capital of $50 billion would eventually be built up to $100 billion.
The BRICS group are concerned that the U.S. Congress has failed to ratify reforms to the IMF that would double the Fund’s resources and give more say to emerging markets, such as the BRICS.
What this would mean is that countries such as Brazil, Russia, India, China and South Africa as well as those countries under the BRICS umbrella would no longer need approval from any institution where the U.S. has power to veto changes. It may mean that the emerging economies will become the world’s richest and the current advanced economies will start to falter.
Here is the article from Reuters that discusses the new BRICS Development Bank:
http://in.reuters.com/article/2014/04/10/g20-economy-brics-idINDEEA390GA20140410
IMF Global Wealth Confiscation
As Pastor Williams has discussed in his DVD ‘Global Currency Reset’ in October 2013 the IMF released its Fiscal Monitor Report titled “Taxing Times”, the report paints a dire picture for advanced economies with high debts that fail to aggressively “mobilize domestic revenue.” It goes on to build a case for drastic measures and recommends series of escalating income and consumption tax increases culminating in the direct confiscation of assets.
The report says “The sharp deterioration of the public finances in many countries has revived interest in a “capital levy”— a one-off tax on private wealth—as an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). … The conditions for success are strong, but also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away. … The tax rates needed to bring down public debt to precrisis levels, moreover, are sizable: reducing debt ratios to end-2007 levels would require (for a sample of 15 euro area countries) a tax rate of about 10 percent on households with positive net wealth. (page 49)”.
The report goes on to talk about the restriction of mobility of funds and ultimately people stating “Financial wealth is mobile, and so, ultimately, are people. … There may be a case for taxing different forms of wealth differently according to their mobility … Substantial progress likely requires enhanced international cooperation to make it harder for the very well-off to evade taxation by placing funds elsewhere.” And “A revenue-maximizing approach to taxing the rich effectively puts a weight of zero on their well-being—contentious, to say the least. What then if some weight is indeed attached to the well-being of the richest? Figure 19 provides a way to think about the trade-off between equity and efficiency considerations in setting the top marginal rate in that case. … If one attaches less weight to those with the highest incomes, the vote would be to increase the top marginal rate.”
Over the past few years the IMF and governments have really pushed hard to destroy tax havens and have started legislation that means people holding money and assets offshore will be branded a criminal offence. I am sure that this only means individuals and not corporations such as Google, Starbucks and other serial tax evaders who have the financial muscle to do deals in order to pay less tax usually by creating many low-paid menial part-time jobs.
Here is the IMF publication “Taxing Times”:
http://www.imf.org/external/pubs/ft/fm/2013/02/pdf/fm1302.pdf
Gold
Pastor Williams sent me an article from Nick Hodge published by Outsider Club, it talks about how the “game is rigged.” Pastor Williams says it is “the best explanation I have seen to date as to what is really happening” and I must agree. Nick Hodge claims “Of course the game is rigged. If you didn’t learn that with derivatives and sub-prime… and the subsequent bailouts… you should’ve learned it with LIBOR or the rigging of FOREX or the laundering of money by HSBC or the admission by Andrew Huszar, the man charged with implementing QE, that it does nothing to fix a structurally unsound U.S. economy, but instead is a tool to enrich the already uber-wealthy.”
The article talks about potential 10-15% losses, constantly, every time the flow of stimulus is halted and that the most telling sign that the game is rigged is how the market responds when there is talk of tapering quantitative easing that has been pumping phantom dollars into the system. Nick Hodge talks about what Pastor Williams spoke about in June 2013 when he received two emails from his Elite friend and went on many radio shows to talk about what happens when interest rates are adjusted. When there were whispers of “winding down” the $85 Billion pumped into the economy by the Fed the DOW shed almost 700 points. It shed another 1,200 points in February 2014 when Janet Yellen took over reigns at the Federal Reserve and “taper talk” continued.
Nick Hodge continues and says “It’s an image of a gradually inflating stock market, powered entirely by an unstoppable stream of fresh, crisp $100 bills, each one slightly less valuable than the one that came before it.” I have had the same thoughts regarding the current bull market being based on nothing but cash pumped in to inflate a bubble that will obviously burst at some point.
If basic economics were applied to the financial system it would be the kind of thing that would add value to precious metals, but it has not and cannot happen when gold is rigged. Many have speculated that gold has been rigged for some time. In my 100 page guide ’10 Steps To Avoid The Crash’ I mention at length about how the gold market is rigged. I explain why gold never seems to go any higher than $1,400 an ounce. The section ‘Buy Every Piece Of Gold You Can Lay Your Hands On’ explains that “computers driven by the infinite supply of zero cost Federal Reserve money enter the market to suppress the price by dumping synthetic and counterfeit gold contracts into the market (since gold is a major derivative, as soon as gold hit the $1,400 it automatically triggered a sell-off of derivatives bringing the price down). Their thinking is that by suppressing the price it cools the demand for metal.” If gold were to reach an all-time high of $2,000, the world’s traders would really think that the Federal Reserve was out of control and start buying gold and we could easily see $10,000 gold and $500 silver. Ultimately it’s rigged, if one were to buy gold at $1,300 or $1,400 they are still getting a great deal since every ounce of new gold extracted and refined costs approximately $1,100. I also confirmed in a comment I responded to at Pastor Williams’ website that said “Those who are still in paper will effectively be wiped out when the stock market is corrected. The bubble is growing and this boom is solely based on Federal Reserve manipulation. Paper is worthless, why would anyone use it other than to pay taxes?”
“I hate to see gold rise because then I know all else is falling apart.”
– Larry Kudlow, CNBC (2006)
“Rising prices of precious metals and other commodities are an indication of a very early stage of an endeavour to move away from paper currencies.”
– Alan Greenspan, former Chairman of the Fed (2009)
“Gold is money, everything else is credit.”
– J.P. Morgan (1906)
We have speculated that there has been gold-rigging for some time. Now this is fact. A paper published in February 2014 by New York University’s Stern School of Business Professor and Managing Director at Moody’s Investors Service Rosa Abrantes-Metz found “The structure of the benchmark is certainly conducive to collusion and manipulation, and the empirical data are consistent with price artificiality. It is likely that co-operation between participants may be occurring.” Nick Hodge says in his article that “At the center of it are banks that have already been caught rigging other markets, like Deutsche Bank, HSBC and Societe Generale.”
Even the stock market itself has been rigged, manipulated by “High Frequency Trading.” The FBI is currently launching a probe into HFT. Zero Hedge has similar thoughts to Nick Hodge and is pointing the finger not at HFT, but the Federal Reserve with the statement “flash traders are bit traders compared to the biggest rigger of all which is the Fed.” After the next crash, which is only a matter of time, everything will be done to deflect attention from the “biggest rigger of them all.”
In his DVD ‘Elite Emergency Data’ Pastor Williams talks about what will happen when the Affordable Healthcare Bill (Obamacare) comes into full operation. The U.S. will become a nation of low-paid part-time workers. It is already happening. According to Nick Hodge’s research almost half of recent graduates are “underemployed,” working at a low-wage job that doesn’t require a degree. He also says that about eight million people are working part-time because they cannot find full-time work. Nearly 27% of those aged 65-74 are still in the workforce, an increase of 30% in a decade. The Bureau of Labor Statistics estimates that will rise a further 18% by 2022, which means a third of American seniors will still be in the workforce trying to make ends meet. The number of workers in the retail sector now outnumbers those in the manufacturing sector for the first time. While 21% of the jobs lost during the recession were low-wage jobs, over half the jobs created since then have been low-wage. 60% of the jobs lost in the recession were middle-income jobs, but only 22% of new post-recession jobs are middle-income.
In 1960, the top three employers were General Motors, Ford and AT&T, today it is Wal-Mart, Taco Bell, KFC and McDonalds. From manufacturing and exporting to service based industries.
The ultimate result of everything that’s ensued since 2008 is an erosion of trust. Debt holders lose trust in the U.S. ability to pay them back, this is happening now and it threatens the very foundation of the U.S. dollar, which gets its value from trust and nothing else.
Nick Hodges continues “in the beginning of December 2013, China held $1.317 trillion in U.S. treasuries. By the end of the month, it only held $1.269 trillion, meaning it dumped some $48 billion in U.S. paper in one month. That’s the second-largest amount ever.” If China is dumping the U.S. dollar, what is it buying? GOLD!
In 2013 China was crowned the world’s largest gold market for the first time. Chinese consumers bought 1,066 tonnes of gold. Chine was also the world’s top miner, producing 437 tonnes last year. It also imported 1,108 tonnes, a 33% rise in one year. The U.S. officially holds 76% of its foreign reserves as gold, for the Chinese, who hold $3.4 trillion in foreign reserves, they’d need some 58,000 tonnes, or about one-third of the total gold ever mined in the history of the world, to match that 76% ratio. They can either watch the value of their dollars erode with every dollar printed along with the trust that backs it, or they can go on a massive gold-buying spree. China are opting for the latter.
The Wall Street Journal reported that China is now the biggest driver of gold prices “China alone can take up the equivalent of half of the global gold mine output, while a possible recovery in Indian demand could also act as a boost for the yellow metal as long as the Indian authorities reduce import tariffs on gold.” The future of the U.S. is so bleak that our largest holder of debt is cutting its losses and trading in that debt for gold as far as it can see. Pastor Williams has said this time and time again “Gold is the Currency of the Elite!” He’s been trying to warn us, and many ignore his advice. What he told you many years ago and everything he has said has come true. Isn’t it time that you made a decision that “GOLD IS THE ONLY HEDGE!”
Even in so called ‘good times’ we should all have investments in precious metals such as gold and silver not only for rough weather, but as a store of wealth and a hedge against bubbles, resets and corrections. Whilst paper currency is being devalued every time a dollar is printed, gold stays relatively stable. Physical gold and silver is in short supply and really only the price of manipulated and fraudulent ‘paper gold’ that fluctuates. Physical gold will always have a premium over paper gold. The stock market is in another bubble cycle and has been inflating due to quantitative easing. We are now in the tapering phase and the stock markets will now start to fall. A lot of people are starting to understand that all the markets are manipulated for the benefit of the Elite and not them. The only store of wealth to protect themselves from all of this is physical gold and silver. Countries like China, Russia and India know this and have been preparing for a long time. It is time you stored your wealth in gold and silver.
As Pastor Williams has said many times, it is important for you to get your financial house in order. If you have a retirement account, 401k, IRA or have paper currency languishing in your bank account you should consider converting at least some of this investment into physical gold and silver. My own personal recommendation is GoldCo. They are experts in converting paper 401k and IRA retirement funds into gold, silver and other precious metals. They have great customer service to their clients. They also offer a 7 day delivery guarantee and also pay the first year dues for retirement accounts, which include all the setup fees, administration fees, storage fees and delivery of metals. Give them a call on 1-877-414-1385 or visit their website where you can read many testimonials from their customers.
China
Nearly four years ago Mr. Ken From told Pastor Williams that China was the one to watch. He called it “The Big One.” Mr. From was Pastor Williams’ Elite friend who died about a year and a half ago. He knew everything. He was right, watch China and forget everything else.
Pastor Williams has shared with me an article from ‘Survive & Prosper’ that warns “… that 2014 will be the year of defaults for China.” The article goes on to say that when the China bubble bursts it will “trigger a market crash around the world.” George Soros wrote in early January 2014 in ‘Project Syndicate’ and warned that “The major uncertainty facing the world today is not the euro but the future direction of China. The growth model responsible for its rapid rise has run out of steam”. Soros went on to say that “There are some eerie resemblances with the financial conditions that prevailed in the US in the years preceding the crash of 2008.” Leland Miller, President of China Beige Book International, is warning that 2014 will be the year of defaults for China with China’s subprime lending mushrooming to more than $2 trillion in the last five years. Its corporate bond market now totals $4.2 trillion. Its total credit has surged from $9 trillion in 2008 to $23 trillion, 250% of GDP.
An agricultural financial co-op has closed its doors, and depositors couldn’t withdraw their money and a China Credit Trust wealth-management product of $496 million blew up. The Chinese government bailed them out. On March 7, 2014, China saw its first corporate bond default, when Shanghai Chaori Solar defaulted on its bond payments. It’s unlikely the government will bail them out. A Chinese developer, Zhejiang Xingrun Real Estate Company just defaulted on $567 million of its debt to 15 banks, including 29% of it to China Construction Bank. Nomura Holdings, Inc. now warns “There is a high risk of a sharp correction in real estate prices due to oversupply”. As Pastor Williams has warned, when China falters we will see the start of the global crash.
Please read this article it explains more about what is happening in China and how it will start the great deflation of 2014 to 2019:
http://survive-prosper.com/2014/03/20/2014-the-year-china-bubble-burst/
Returns to the Subject of Global Government
In his article in ‘Project Syndicate’ George Soros returns to the subject of “the absence of proper global governance.” He also talks about “allowing global warming to proceed largely unhindered.” This returns us to the subject of global governance and how the Elite will achieve their goal of a one world government. The way they would finance world government was through “sustainable development” and “Agenda 21”, namely carbon taxes. The Rockefeller Brother’s Fund has been working on climate change since 1984.
According to the UN “Agenda 21 is a comprehensive plan of action to be taken globally, nationally and locally by organizations of the United Nations System, Governments, and Major Groups in every area in which human impacts on the environment.” Sustainable development goes hand in hand with the United Nations Agenda 21 and the green economy. Rosa Koire famously stated that “UN Agenda 21 and Sustainable Development is the action plan implemented worldwide to inventory and control all land, all water, all minerals, all plants, all animals, all construction, all means of production, all energy, all education, all information, and all human beings in the world”. Climate change, formerly global warming is a key agenda point. The Elite decided to propagandise global warming through Nobel Peace Prize winner, oil man, green campaigner and former US Vice-President Al Gore’s film ‘Inconvenient Truth’, which was heavily criticised in the alternative media with less than truthful evidence focusing on an alarmist emotional reaction from those who watched it. Al Gore has profited from supporting climate change policies through smart meter technology and alternative energy. He also partially owns an investment company that sells carbon credits.
The agenda for initiating carbon taxes worldwide was scuppered for a short time due to ‘Climategate’ in 2009 when emails surfaced evidencing a the scandal involving the most prominent scientists pushing the man-made warming agenda. A report published in 2010 by the Rockefeller Brothers Fund said “the impact on public confidence has been great, and it will take a number of years before trust in the science will be restored.” The propaganda campaign for the climate change agenda has not stopped and sadly the carbon tax and ultimately global government is continuing with IMF, World Bank and UN engaging finance ministers from 46 countries including the U.S. into using fiscal policies, such as carbon taxes, to combat climate change.
An article published on Friday April 11th, 2014 by Reuters confirms that carbon taxes are high on the agenda of the IMF, World Bank and UN with IMF Managing Director Christine Lagarde, World Bank President Jim Yong Kim and UN Secretary General Ban Ki-Moon explaining to ministers the fiscal tools thy can use that will benefit the environment while stimulating global economies. Two “intelligent” ways to reallocated resources to benefit the environment were carbon taxes and removing fossil fuel subsidies. Ultimately what this article tells us is that carbon taxes that will finance sustainable development and therefore Agenda 21 and ultimately world government.
Carbon is a very profitable commodity. We are all carbon based life-forms. A carbon tax is a tax on everyone. As well as carbon, the World Bank wants to privatize all water as part of its climate change initiatives. Even the UN is saying Fracking (hydraulic fracturing of rock to release oil and gas) can help slow global warming. Under Agenda 21 everything is for sale.
In Australia where carbon taxes are already levied, former Prime Minister Julia Gillard controversially campaigned in 2010 stating “There will be no carbon tax under a government I lead, but let me be clear: I will be putting a price on carbon and I will move to an emissions trading scheme.” Whilst she claimed there would be no carbon tax, a ‘carbon pricing scheme’ commonly referred to as a carbon tax, was introduced by the Gillard Government and became effective on July 1st, 2012. The Australian federal government reaped just over $4.1 billion from its carbon tax levies in 2012/13.
The scheme is seen as successful in Australia and the UN, IMF and World Bank are now ready to roll out a ‘carbon pricing scheme’ worldwide. Australia is ranked just 12th in gross domestic product (GDP), just consider how much revenue can be generated by countries such as Canada, India, Italy, Russia, Brazil, United Kingdom, France, Germany, Japan, China, the United States and the European Union. The U.S. already has a climate change executive order entitled “Preparing the United States for the Impacts of Climate Change” and it is a major initiative that affects every facet of society. I am sure we will find out what sacrifices must be made in the name of sustainability at the pivotal UN climate change treaty negotiations in Paris in 2015. This all ties into the 2020 global emissions reduction target policy date, and the possible year that we see the inauguration of world government.
What does this all mean for you?
Ultimately it is not a bright picture for humanity across the planet. We are looking at total control of humanity, flora and fauna with all resources controlled by the Elite’s global government funded by carbon taxation under Agenda 21 plans. All of our water will be controlled by private organisations, but first water aquifers will be destroyed by fracking. All of our food will be controlled by private organisations, whether this is genetically modified or not food production will be reduced. Arable land is being bought up under Agenda 21 to enable re-wilding of the planet, we see that with the Bundy incident that the Elite will do anything in their power to take over land. Mega cities are being created in order to house the populous, there is already propaganda promoting smaller “green” living accommodation on television. The IMF and World Bank are going to confiscate your wealth from your pension schemes in order to bail out their criminal friends on Wall Street. The currency of the world will be reset to destroy the middle class, thereby making a two-tier system of rich and poor. The third world will be industrialised with monies generated from resets in order to control their human and natural resources. They will then destroy the derivatives casino and take down by a contrived and well executed plan of action by raising interest rates and initiating ineffective healthcare system that is nothing more than further taxation turning the majority into low-paid part-time workers. All Americans will receive an RFID microchip implant in 2017 according to NBC. Women will be expected to work and pay taxes instead of raising children, this will be carried out by state institutions. The U.S. will be reduced to the status of a second-world economy.
What can you do to protect your family?
Pastor Williams has shared great insight into what you can do to protect your family from what is planned and being implemented right now. The information within his DVDs “Elite Emergency Data” and “Global Currency Reset” are invaluable. It doesn’t matter if the reset has not already occurred. We should be thankful that it has not yet happened. We will see hardship all in good time. We need to prepare. The more people who prepare are not going to be easy for the Elite to control. This is the key, the ‘10 Steps to Avoid the Crash’ are not what the Elite want. They will put a spanner in the works of the Elites dastardly plan for humanity and this planet. Every step we can take to become self-sufficient, to return to the old ways of looking after ourselves instead of relying on third parties. It is up to you to take these steps, do you want to live in the servitude of the Elite as Aldous Huxley has predicted, or do you want to take back your power?
Russian Dollar Dump Could Crash Financial System
We just received a message from Pastor Lindsey Williams, on an article published today at USAWatchdog:
“This could very well happen. Personally I think it will. People must make all final preparations.”
“GOLD IS THE ONLY HEDGE!”
Economist John Williams says if Russia sells its US dollar holdings, it could trigger hyperinflation. Could it crash the financial system?
“Yes, it certainly has a potential to do that. Looking outside the United States, there is something over $16 trillion dollars in cash or near cash. That’s about the same size as our GDP. If the rest of the world believes this is what’s going to happen, people who have been wanting to get out of the dollar for some time very easily could front-run the Russians. The scare is on. People will try to get out of it as rapidly as they can. We have not seen an economic recovery. We have not seen a return of health to the banking system. So the system is very vulnerable and if the Russians carry through with their threat, you have indeed the risk of it collapsing the system.”
On the overall economy John Williams says, “It is rolling over and the numbers are starting into a new recession.”
Pastor Williams says “Gold and silver are the currency of the Elite”. If you haven't already obtained gold and silver to hedge against what could possibly happen in the next few days or weeks, contact your trusted gold bullion dealer today.
Or contact GoldCo toll free: 1-877-414-1385 or visit their website for larger investments in gold including IRA rollovers.
Global Currency Reset – Update – March 2nd, 2014
Over the past few weeks I have been gathering information from numerous sources regarding the Global Currency Reset as well as other stories of note relating to the global financial crash. I have shared some articles with Pastor Williams and asked his opinion and feedback based on what his Elite friend has told him. Please listen to the latest radio interview with Mills Crenshaw. This is the first interview Pastor Williams has had talking about the total global financial collapse and the global currency reset and therefore it is recommended listening.
Many prominent researchers have been talking about the Global Currency Reset you only have to put a search into Google for articles being posted on a daily basis. Of course if there are those who say there will be a GCR there are those who say there won’t be. Unfortunately for those who claim that there won’t be a GCR, Pastor Williams Elite friend has told him this will happen. Furthermore, you only have to read the last newsletter I sent out. In that newsletter I stated that Christine Lagarde, Managing Director of the International Monetary Fund said at Davos World Economic Forum explicitly “WE NEED A RESET IN THE WAY THE ECONOMY GROWS AROUND THE WORLD”, which means the GCR is planned and therefore WILL happen. The only thing we don’t know exactly is when, what was shared was a time frame that was dependent on the IMF and the Elite. Pastor Williams’ Elite friend said within 90 days from his original statement and that would come into the time frame of a Washington Times article from October 2012 entitled ‘U.S. economy on schedule to crash March 4, 2014’. We will shortly see if this is the date, or if it has been postponed. This will be the greatest financial event that has happened for over 1,000 years and it could happen at any time. So please do not hesitate, prepare yourselves and your family now.
Here are two recent articles relating to the Global Currency Reset that you may not have read (be sure to check out the comments on all the articles too):
- ‘Fasten Your Seatbelts the Coming Global Monetary Reset‘
- ‘Jim Willie: We Are Well Past the 11th Hour – The Global Currency Reset Looms‘
I shared with Pastor Williams an article published on February 13th, 2014 written by Michael Snyder relating to ‘20 Signs That the Global Economic Crisis is starting to Catch Fire‘. I also shared an article published by Zero Hedge entitled ‘Does the Trail of Dead Bankers Lead Somewhere?’ Pastor Williams has confirmed “I have read both articles in their entirety. They are correct as I interpret events.”
Pastor Williams also said that “My Elite friend says one year [for global financial crash] BUT I don’t see how they can hold it together that long. I personally am not betting on it. All preparations MUST be made immediately.”
In relation to the Global Currency Reset Pastor Williams said “I expect the Global Currency Reset to happen any day. I am surprised it has not already been announced. What is holding it up – I don’t know. Some little detail undoubtedly.” In another email he said “My Elite friend has been travelling around the country and has not been in contact with me.” And that “I am waiting on the Global Currency Reset, which they keep saying is supposed to take place any day, but the IMF keeps postponing for some strange moment. It could happen any moment.”
The Mills Crenshaw interview [Click Here To Listen] is very important and everyone should listen to it. Pastor Williams told me “I said everything on the Mills Crenshaw [show] that I can say. The last two hours of the show was unexpected. Dr. Rodriguez was supposed to have been on for three hours, but Mills began asking me questions.” The show includes the latest information that Pastor Williams is able to share with us and also warned us not to hesitate with dates because the Global Currency Reset could be weeks or even days away. He said that “Every newsletter is predicting doom and gloom. My Elite friend still insists that the TOTAL collapse is at least one year away.” He also said that he is “…afraid to say anything…” And that his “…record has been so good for many years I don’t want to mislead people so the best thing to do is say nothing.” Relating to Pastor Williams record someone has created a timeline of articles and information that show that he has been correct on multiple occasions. You can check out this record by clicking here.
Regarding Gold & Silver Pastor Williams has said that you still have time to get out of paper, but it would be better to do this sooner rather than later. He confirmed that while there will be confiscation of between 30% & 50% of ALL pension funds there will be no controls on gold and silver. However, he had a warning that after the Global Currency Reset gold and silver will increase in value, since the dollar will be reset at between 30% to 50% less than current prices. He said that the Federal Reserve Note is not a store of wealth, but a loss of wealth and therefore encouraged listeners to the Mills Crenshaw show to invest in gold & silver as soon as possible.
Although I have said this many times before, it is important to get your financial house in order, there are a few companies I recommend if you do not have a local gold bullion dealer you have an existing relationship with, the first and my own personal recommendation is GoldCo, they are experts in converting paper IRA and 401k retirement funds into gold, silver and other precious metals. They offer a 7 day delivery guarantee as well as pay the first year dues for retirement accounts, which include all the setup fees, administration fees, storage fees and delivery of metals, saving over $500. Give them a call on 1-877-414-1385 or visit their website where you can see many testimonials of their customers.
Pastor Williams sent me an article relating to China buying increasing amounts of gold. The article entitled ‘China Declares War’ published on February 20th, 2014 said that in 2013 while the US was busy being caught up in the stock market bull run and with gold offering lacklustre results in 2013 that China never waned and continued to increase purchasing of gold to historic levels. The article goes on to say that China is expecting today’s crumbling fiat currency system to come crashing down and that is why they are pro-actively preparing for a complete reformation of the international monetary system and that those with the most gold will yield the most power when that day comes.
The article concluded about China wanting the SDR (Special Drawing Right, a type of money for governments), because it is not the US dollar. It is issued by the IMF (International Monetary Fund). China is using its willingness to lend money to the IMF to purchase SDR notes and give the IMF money to bail out Europe in order to obtain more votes in the IMF. Its increase in votes would make China the second largest member of the IMF after the United States. The article went on to say that the US is opposing giving China more votes, but Christine Lagarde (Head of the IMF) is pushing to increase the Chinese role. China wants to get rid of the US dollar as the global reserve currency and replace it with the SDR. Finally the article said that China were not planning to use the Yuan to leverage power, instead China is planning on using gold.
Another email Pastor Williams sent to me was relating to Government document FT900. In this document is a category called “Miscellaneous Commodities” relating to the importing and exporting of gold that is well above what the US should be capable of exporting since 1991. The researcher used data from the Gold Fields Mineral Services, the US Census Bureau, the US Mint and Bloomberg to determine the US total demand and supply of gold over the past 20 years. The research said that the US had 7,532 tons of gold available for consumption, but the US consumed 7,605 tons of gold. Therefore the US consumed more gold than was available and therefore it implies that the US should have been a net importer of gold. The researcher then revealed that the US exported 5,504 tons of gold. Ultimately the researcher concludes that there is an unexplained supply gap of 5,577 tons of gold and that the Federal Reserve is the only institution capable of supplying such a large amount of gold. The researcher said that if the Federal Reserve disclosed that most of the gold reserves in the US were gone, it would lead to a major crisis of confidence in the US dollar and US government bonds. This could be the reason the Federal Reserve refused to allow Germany to independently audit their gold reserves held in the US after the US said it would take 7 years to return Germany’s gold. The last audit of gold stored in the US took place in 1953. The researcher claims that when China releases its five year gold storage statistics that it will send ripples through the financial system. I’ll let you make your own mind up on this one, click here to read the report.
I will leave you with a scary parallel. There are eerie parallels between the stock market’s recent behaviour and how it behaved right before the 1929 crash. Please check out this article ‘Scary 1929 Market Chart Gains Traction‘.
Even the UK mainstream media is warning of this new stock market bubble in this article ‘This Is No Recovery, This Is A Bubble – And It Will Burst‘, saying ‘Share prices are high mainly thanks to quantitative easing not because of the strength of the underlying real economy'.
If you have not already watched Pastor Williams’ DVDs ‘Elite Emergency Data’ and ‘Global Currency Reset’ please obtain copies, watch them, take notes and then share the DVDs with friends and family. Also be sure to read and download a copy of my free ‘10 Steps to Avoid the Crash!‘ e-book. It will explain what is happening and how you can protect your health as well as your finances.
Pastor Williams said to me “Something BIG is definitely about to happen. Every newsletter can’t be wrong.” If you have not prepared for the Global Currency Reset and the Total Global Financial Collapse, please do so. Do not wait another minute.
Update: 5th March 2014 – Gerald Celente: Banker Suicides the Prequel to Global Collapse – MUST WATCH!
Gerald Celente: Banker Suicides Prequel to Global Collapse – The onset of the great depression of the 1930's brought a spike in banker suicides, Will Rogers noted of the time, “When Wall Street took that tail spin, you had to stand in line to get a window to jump out of, and speculators were selling space for bodies in the East River.”
Update: 8th March 2014 – Russia wants IMF to move ahead on reforms without U.S.!
‘Russian officials are pushing for the International Monetary Fund to move ahead with planned reforms without the United States, which could mean the loss of the U.S. veto over major decisions at the global lender, sources said.
Russian Finance Minister Anton Siluanov brought up the idea at a meeting of top finance officials from the Group of 20 nations in Sydney late last month, two G20 sources told Reuters this week.
The failure of the U.S. Congress to approve IMF funding has held up reforms agreed in 2010 that would double the Fund's resources and give more say to emerging markets like China.'
Source: Reuters: Russia wants IMF to move ahead on reforms without U.S.
Click here for an article which explains what the 2010 IMF reforms are.