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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.


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Pastor Lindsey Williams – Global Currency Reset – Update – April 29th, 2014

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Global Currency Reset – Update – March 2nd, 2014

Comments

    • PumpDump
    • March 10, 2014
    Reply

    I believe the Euro collapse will come out of the blue and will involve Greece leaving the Eurozone first. No matter how much the politicians pretend, it can not have anyone leave the Euro and not cause a calamity. My personal opinion is that either Greece misses an IMF or European loan repayment or fraud is discovered between a couple of the major European banks. This will provide the opportunity for France and Germany to form a new alliance outside the European Union and a new banking system which gives budgetary control/sovereignty to a central bank. I also believe this is why the Eurozone has not adopted any type of QE or Eurobonds because the major powers know that the central bank does not have full control of budgetary control. Once the current Masstracht (spelling) treaty falls apart and the new system is formed, they will provide/issue Eurozone wide debt/bonds that will be very good and provide a very strong foundation. Unfortunately, the current system falling, will cause our banks to fall here in the US and I don’t see any systems coming up immediately. This is why the chaos is likely. Then we probably have another year before our system completely collapses. I do believe that the Euro will remain though. China’s currency may become a world reserve currency but their ability/desire to become a MAJOR world power will be restricted due to their demographic disaster with their aging population requiring more and more resources over time and the eventual collapse of the NK dictatorship. This must occur to give the great dictator a chance to rise somewhere out of Europe (probably Germany). Some of you may even become very supportive of him and sell out. Hope not.

    Once Greece leaves and the collapse begins, it will be VERY FAST. They will prop things up for as long as possible. Even our stock market will continue to reach new highs over and over again until the Euro breaks (in the current form). Then down, down, down it goes and at that very second, there will be NO TIME to sell any stocks or go short. The fall will be amazingly fast and a run TO the dollar will probably last 2-3 weeks before our banks go. I still believe that the stock market will function while our banks fall though. I don’t believe the derivatives will collapse until about a year after this event. The criminals will keep the system functioning until they are able to transition the money they made from the dump to real assets. If everything just collapsed, there would be no ability to transfer anything. No complete collapse until wealth is transferred out.

     
    • Dan
    • March 10, 2014
    Reply

    http://goldsilver.com/video/martin-armstrong-panic-cycles-and-the-ukraine-crisis/

    On the discussion of the Euro collapsing, you might want to listen to the above audio. It potentially fits with this occurring, but of course is not a guarantee by any stretch of the imagination, just simply seems to fit in with the potential.

    Jack Crooks

    33:30 – If this get really bad in Ukraine and Russia responds with cutting off gas, Germany has a lot of ties in with Russia and if they get hurt from Russia reacting it could have long term impacts on the Euro, and the Euro would not be seen as a safe haven..

    40:40 – If the Euro isnt seen as a safe haven due to turmoil in Ukraine and Russia’s actions, then people fleeing from the Euro will go to the US Dollar.

     
    • Jerry
    • March 10, 2014
    Reply

    PumpDump – If the U.S. is practically destroyed, you may be right. However, we could be one of the young lions spoken of in Ezekiel 38. Read to find Russia’s destiny.

     
      • Creed
      • March 11, 2014
      Reply

      http://www.endtime.com/united-states-discovered-in-the-bible/

      We are the Eagles wings in Daniel 7:4 plucked from the Lion of Great Britian (http://dictionary.reference.com/browse/lion?s=t fifth definition). In Rev 12:14 we are the Eagles wings protecting the Woman with 12 stars (Isreal) for a time, times and half a times (3 1/2 Yrs, which is the duration of the Great Tribulation). NOTE: in Rev 13, compared with Daniel 7, you have 7 heads in Daniel and all the other features in Rev 13 EXCEPT the Eagles Wings, they are in 12, protecting Isreal.
      hope that helps.

       
    • PumpDump
    • March 9, 2014
    Reply

    So rest easy at night and don’t worry about Russia or anyone else. There want be any major wars that affect America until the banking crisis. The stock market is free to obtain new highs until the Euro begins its collapse. My suggestion at that point though is to make a trip to your friendly 24 hour store immediately to pick up a few items. The masses are too busy with March madness, pornography, twerking, and American Idol to realize immediately what is happening. Besides, Fox and CNN will probably present it as a by the dip opportunity and bring out the talking heads to talk about how they have been waiting for this dip. haha

     
    • PumpDump
    • March 9, 2014
    Reply

    More disinformation. Simply looking at current events and assuming that it feeds into the past statements. Russia dumping the dollar is not going to be the reason of the collapse. Lindsey Williams has never said anything about Russia in the past. I think his elite friends now are not very on top of things as his older ones were. Remember what his older friend said, the guy who talking about the oil, healthcare bill etc: “When the Euro collapses, you have 3 weeks to get out of paper.”

    So, could Russia move against the Euro in an attempt to affect the dollar? Yep, but Russia dumping the dollar will NOT be what causes our currency to fall. Lindsey Williams has said it and I believe it still is the fall of the Euro banks. Our banks have lent BILLIONS and probably TRILLIONS of derivatives and such to Eurozone banks. Once those banks go, our banks go THEN a global currency reset comes. Not a day sooner. Rest easy until you see the Euro go, then be ready by a few weeks. Also remember, Lindsey Williams said that a 500 drop in gold is not the collapse. Have you asked yourself how in the world could gold drop 500 if the dollar is collapsing? IT CAN”T! But gold can drop 500 if the Euro is collapsing and everyone is rushing to the dollar for a time. The FED hates deflation and this would be the mother of deflation. Remember Ben Bernanke’s 2001 speech where he spoke about outright currency devaluation. This would be the time to do that. If Russia dumps the dollar, it would affect people around the world including CHINA. Russia doesn’t want the blame for that.

    NOW, they can move against Europe though and the Euro zone and most will not realize what it will do to the dollar.

     
    • Chris Sheffield
    • March 9, 2014
    Reply

    Interesting article on before its news saying Obama has put an executive order against China, for siding with Russia that makes all their property and mortgages in Usa, null and void???? war is being fought in the financial markets and the outcome may be a dead dollar.

     
    • Glusk
    • March 8, 2014
    Reply

    Today, I asked a Citibank personnel in NYC about the Global Currency Reset? He nodded and said “it could happen any day”. He was well aware of the 30% revaluation planned. But what was very odd was this: he said he didnt know USD would be included in the downgrade- just the other world currencies. He seemed genuinely unaware about DOLLAR consequences, while he said they were all prepping for it to happen to all the other currencies. Like the USD would be immune, and remain reserve entity.
    FYI-
    China’s first bond default….

    “Chinese Exports Collapse Leading To 2nd Largest Trade Deficit On Record”
    Submitted by Tyler Durden on 03/07/2014 – 22:20

    Plenty of excuses out there for this evening’s collosal miss in Chinese exports (-18.1% YoY vs an expectation of a 7.5% rise) mainly based on timing issues over the Lunar New Year (but didn’t the 45 economists who forecast this data know the dates before they forecast?) This is a 6-sigma miss and plunges China’s trade balance to its biggest miss on record and 2nd largest deficit on record. Combining Jan and Feb data (i.e. smoothing over the holiday), exports are still down 1.6% YoY – not good for the much-heralded global recovery. Exports to the rest of the BRICs were all down over 20% but no there is no contagion from an emerging market crisis.

     
      • Mark
      • March 9, 2014
      Reply

      I wonder if Citibank will be one of the banks that doesn’t make it through this like Lehman Brothers.

      If we start retaliating against Russia and China for Ukraine, I just can’t see how the dollar wouldn’t be affected, it’s just so vulnerable. However the financial world hasn’t reflected reality for many years now, so we’ll see.

       
    • Fran
    • March 8, 2014
    Reply

    Off topic but—
    http://thezog.wordpress.com/who-is-behind-gun-control/

    You Americans need to get more fired up. You are the worlds only hope.

     
      • Mark
      • March 8, 2014
      Reply

      Yes we do need to get fired up, but that article you posted blames the wrong people. The Elite are Luciferian not Jewish.

      http://en.wikipedia.org/wiki/Luciferianism

      If you doubt that, take a look at some Luciferian art from the Denver airport, this little girl in the coffin holds a bible AND a JEWISH star of David:

      http://www.readyfortheshift.com/wp-content/uploads/2011/04/DenverAirportMuralsSlide07.jpg

      Their plan is to get rid of everything else to make way for the new Luciferian one world religion.

      Which is probably why Lindsey’s friend never talks about why none of them live in the city nor are willing to talk about the underground bunkers. You can read more about that here:

      http://www.worldaffairsbrief.com/keytopics/threats.html

      Maybe God will help us, but so many are turning away these days.

       
    • Jerry
    • March 8, 2014
    Reply

    Even those making much more will be turned into a lower class. But you guys that make big bucks will be ok, so that makes it be just fine!

     
    • Jerry
    • March 8, 2014
    Reply

    I still cannot believe those who want this GCR. It will devastate the United States’ ordinary people working for a little more than minimum wage.

     
      • TiredOfWaiting
      • March 8, 2014
      Reply

      how many more years is this now Jerry???

       
    • TiredOfWaiting
    • March 7, 2014
    Reply

    plug*

     
    • TiredOfWaiting
    • March 7, 2014
    Reply

    They’ll pull the plus when ALL OF US are just sick and tired of waiting… And its a year from now, and a year from now, it will be post-poned to another year and another year and another year….

     
    • TiredOfWaiting
    • March 7, 2014
    Reply

    I’ll believe it when it happens!
    You see, the Elite are using LW…

     
    • Mark
    • March 7, 2014
    Reply

    Here’s a really good article about what’s happening in the Ukraine. He mentions the currency reset as well.

    http://www.alt-market.com/articles/2028-ukraine-crisis-just-another-globalist-engineered-powder-keg

     
  1. Reply

    http://www.reuters.com/article/2014/03/06/us-imf-reforms-idUSBREA251IN20140306?feedType=RSS&feedName=topNews

    Cited from this Reuters article:
    “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.”

    Things are starting to get interesting!

     
    • Jerry
    • March 7, 2014
    Reply

    Y Diddy – you’ve been negative on Lindsey and I for one do not need your opinions.

     
      • Y Diddy
      • March 7, 2014
      Reply

      No, I’m not negative on Lindsey. I’ve seen every DVD he has ever produced and listened to pretty much every radio interview he has ever done that is available, so I can’t be too negative.

      As Lindsey always says, ‘The elite aren’t God’, and they aren’t. They don’t always get their way. All I am asking for is for some updates and clarification from his sources as to why he has been wrong, on issues like the Fed tapering QE twice, when he said they wouldn’t, and why the currency reset hasn’t occurred within the 90 day time frame.

       
    • Jeddy
    • March 6, 2014
    Reply

    As far as what Pastor Williams has said in the past,
    I believe it is a bit of a moving target. I think he will be proved right and his warnings have gotten many (including me) to get their houses in order. I believe he is a man of God. It is a very difficult duty to forward warnings from these types of “people”.
    What does it hurt to prepare for today when tomorrow will likely be too late. Can you all not feel that something major is in play here?

     
    • Y Diddy
    • March 6, 2014
    Reply

    “This could very well happen. Personally I think it will”

    I don’t want to hear Lindsey Williams opinions. I want to here the opinions of his ‘elite friend’. We have passed the 90 day period with which he said the currency reset would occur. I think Lindsey owes people he has sold the DVD to an explanation on why it has not happened that comes from his source.

     
    • singwin
    • March 6, 2014
    Reply

    Interesting comments on Russia dumping US bond. Lindsey said he think personally it will happen. Jim Rickards and Hugo Price said it’s not possible. So who is spreading dis-information on this issue? Can Lindsey elatorate on this? Is this one of those things he cannot talk about?

    According to Reuters post, Russia and IMF may consider some “bad options” to bypass US Congress on the 2010 reform. What are those “bad options”?

     
    • Occasnl Trvlr
    • March 6, 2014
    Reply

    From Reuters, today (6-March-14):

    “A third source…said the G20 generally agreed to give the United States until the April meetings of the IMF and World Bank before taking more aggressive measures, a point confirmed by one of the other sources. All three sources spoke on condition of anonymity.

    ‘It was agreed that in the absence of progress by the United States on the 2010 package by the April meeting of the IMF and G20, that there will be formulated a list of ‘bad options,’ which will allow to move forward in this matter, excluding the opinions of the United States,’ the third source said.”

    https://personal.vanguard.com/us/FixedIncomeNewsArticle?storyID=351-BREA251IM-1

     
    • Chris Sheffield
    • March 6, 2014
    Reply

    Everyday i recommend following http://www.goldsilver.com as they do a good job bringing articles that matter under 1 site.

     
  2. Reply

    As always, thanks to Pastor Williams for issuing heads up info and telling us “what he can”. Anything is better than nothing at all.

    There is one single question that I tend to get, regarding the GCR. I’m hoping for some direction or insight on it. The question is, when the GCR occurs, we know the USD is going to be reset lower in its global purchasing power (if not be dethroned as the global reserve currency). That said, will this ratio of change be maintained with current personal debt?

    So, if we are reset by 30%, will our current financial obligations be reset accordingly or will they remain at their current owed amounts? We understand new purchases will be 30% more, but no one has addressed how current personal debt will be handled.

    Any info would be greatly appreciated. Thanks!

     
    1. Reply

      Same question here. Would be interested on comments on whether or not existing debt would be adjusted higher in a reset. Or kept the same. Or written off?

       
        • Mark
        • March 6, 2014
        Reply

        If they increase everyone’s debt with inflation there will be riots. I just can’t see it. It didn’t happen in the Wiemar German hyperinflation. But then again these are extraordinary times.

         
        • Glusk
        • March 8, 2014
        Reply

        Russia yes- but Lindsey always said “Watch China. China is the BIG ONE”. This isnt even addressing the first China bond default, ever:

        Chinese Exports Collapse Leading To 2nd Largest Trade Deficit On Record
        Submitted by Tyler Durden on 03/07/2014 – 22:20

        Plenty of excuses out there for this evening’s collosal miss in Chinese exports (-18.1% YoY vs an expectation of a 7.5% rise) mainly based on timing issues over the Lunar New Year (but didn’t the 45 economists who forecast this data know the dates before they forecast?) This is a 6-sigma miss and plunges China’s trade balance to its biggest miss on record and 2nd largest deficit on record. Combining Jan and Feb data (i.e. smoothing over the holiday), exports are still down 1.6% YoY – not good for the much-heralded global recovery. Exports to the rest of the BRICs were all down over 20% but no there is no contagion from an emerging market crisis.

         
      • Occasnl Trvlr
      • March 6, 2014
      Reply

      Concerning existing debts:

      Please, anyone who is an attorney or has direct knowledge in this area, correct me, but if I’m not mistaken, someone’s debt is the result of a legal, contractual obligation between parties.

      The IMF nor the federal government have any legal standing in changing that contract. The obligation can only be altered if all parties agree.

       
        • Mark
        • March 6, 2014
        Reply

        Yes law, like the Constitution which the Elite have been trampling for decades. “Do as thou wilt” is the Elite’s motto I believe.

         
  3. Reply

    (ED: Pastor Williams has been talking about GCR long before January 2014. Some people will copy paragraphs word for word from lots of sources, some do not give citations.)
    —————————————————-
    Thank you for that note of explanation. It sounds like she is then simply repeating what Pastor Williams is saying.

    It is interesting that she starts her discussion of this in the article by saying:

    “Many people are aware that a global currency reset is scheduled.”

    Since not any regular people I know are aware of this (other than readers here), I would assume she means people in elite circles.

    That would indicate that certain circles (elite circles I would assume) are aware of this as Pastor Williams has been saying.

     
    • jj99
    • March 6, 2014
    Reply

    Jim Rickards had said that US have tools to stop such selling. So I doubt this is more then threats, the same we see from US. However it’s more probable BRICKS to isolate US, then the opposite if it comes to this… BRICKS can offer resources, industrial power, gold. What can US offer? To buy stuff with freshly printed money?

     
      • jj99
      • March 6, 2014
      Reply

      Same thing from Hugo Salinas Price:

      “On March 4 we read that an advisor to Putin has recommended that Russia dump US Bonds in case of US sanctions against Russia, related to the Ukrainian affair. However, if Russia should attempt to dump US Bonds, it would discover that they had already been “frozen” in New York.”

      So please, don’t spread obvious disinformation. John Williams may be good with numbers. But he doesn’t understand real world politics and economics. Please, stop repeating also “Gold and silver are the currency of the Elite”. Gold and silver are MONEY, the rest is just DEBT and NUMBERS in a computer. Everyone with little brain knows that, and this is why gold and silver were the currency of the WHOLE world until 40 years ago when US stole the gold and flood the world with funny money. Whoever win at the end, it’s the safest bet that they will return to gold/silver. Who will survive to see it is another question…

       
    • John
    • March 5, 2014
    Reply

    It has all been planned long ago. Putin will be the scapegoat. He will pull the pin on US T Bonds and set off the collapse. The bankers will have something to blame it on and then Laggard will come in and announce that the world needs a currency reset and here it is…
    I would love to believe that Putin was actually fighting the bankers but how could you explain all the stories of Russian troops in the US if he actually was the an adversary to the US.

     
    1. Reply

      In doing some research I ran across this article:

      http://www.newswithviews.com/Barnewall/marilyn196.htm

      This is dated back in January. At first glance it looks like an article on Bitcoin. But if you skip to the last 5 paragraphs you will see this lady describe exactly the same GCR that Pastor Williams has described.

      I don’t know if she is just repeating what she heard from Pastor Williams or got this from an independent source (she doesn’t say). But this is the only other media reference I can find that describes the GCR exactly like Pastor Williams does that I would call a more mainstream author (the author has a banking background as well as mainstream media background).

      Anyway, most here would probably be interested in this article so I posted the link. If you are short on time just skip to the last 5 paragraphs.

      (ED: Pastor Williams has been talking about GCR long before January 2014. Some people will copy paragraphs word for word from lots of sources, some do not give citations.)

       
        • singwin
        • March 5, 2014
        Reply

        Maybe Lindsey’s elite friend is Marilyn MacGruder Barnewall. All the sentences are exactly the same!

         
      • singwin
      • March 5, 2014
      Reply

      Hi John, Are you the same john an J who said the reset was pushed back until July? Why are so sure about that?

       
      • N64 Guy
      • March 25, 2014
      Reply

      I hope you are right John!! Getting bl**dy tired of waiting for this GCR to materialise!

       

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Protect and Secure Your Retirement Savings With Gold - Claim Your FREE Gold Investor Kit

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