The Graves They Have Dug for Themselves...and Us
Neocon French President and Zionist Mossad operative Nicolas Sarkozy is a master of disinformation. During the EU meetings on the proposed EU constitution/treaty amendment, Sarkozy made several self-serving statements meant for the ears of the French public, which he knew were non-starters as far as the EU elitist denizens were concerned. He tries to give the appearance that he is a people's man, when he is just another Illuminist lapdog who barks and does tricks at the prompting of the sociopaths who give him his orders. He never misses an opportunity to make political points with jawboning about things that are never going to happen anyway, like trying to allow for government intervention in business instead of having free trade and globalization by sneaking in an amendment that might have allowed for that and which he knew would be rejected. And now he is up to his old tricks. He says that the dollar should not be made into everyone else's problem and that its fall will touch off trade wars and could cause a sudden unwinding of the carry trade when the yen appreciates due to the dollar's decline. He is making these statements to make it look like he is trying to support French business interests and to protect French workers and their jobs by trying to keep the euro as weak as possible, when he knows full well that a weak euro is not a part of the Illuminati's plans. And never mind that the euro has been far too weak against the dollar for quite some time already, and that his masters are the ones who created the yen carry trade so that they could manipulate stocks, bonds, commodities and currencies, with the latest permutation being yen-hits on gold and silver. As we have mentioned previously, the G-7 meeting has already decided the fate of the dollar, abandoning it so Wall Street can be bailed out, and we are already seeing signs of a yen rampage which is currently being used to hit gold, and which will be used at a later date to kill off the stock and bond markets, finish off the dollar and send precious metals skyrocketing as a safe-haven and store of value for the depression that will follow, all as the Illuminati have planned. These events are already in his masters' plans, and Sarkozy knows it. So now when the dollar tanks, the yen goes wild, the various Illuminist factions start warring with one another and the carnage and trade wars begin, Sarkozy will look like a genius to the French people, having warned them that this is what would happen in the event that his demands were ignored. He will say to everyone: "See, I told you so!" Remember, the elitists would like to push the stock markets up to a blow-off top so they can bail just ahead of the peak using Project Turquoise, buy precious metals with their filthy lucre, and then tank the markets with a giant, carry-trade-killing yen-hit that will send precious metals and their stocks to the moon and that will cause cataclysmic devastation to countless banks and corporations so that the cartel, stuffed to the gills with illicit profits from stocks and precious metals, can scoop everything up for pennies on the dollar. At the same time as the stock and bond markets crash, the dollar will be allowed to crash along with them, thereby sending gold, which they plan to own by the truckload, into the five figure category. We might also add that they will secretly be short on everything but precious metals when the axe finally comes down. In addition, the sudden destruction of the dollar will not only send precious metals into outer space, but will also yield gargantuan profits for the evil Illuminists who are now setting themselves up to profit from a dollar carry trade and from shorting the dollar based on inside information of when and how far it will fall at various points in time. They will set up the dollar carry trade and dollar shorts in secret using foreign banking subsidiaries and off-shore accounts, and attempt, albeit in vain, to use these profits, and the stock and precious metals profits, to bail themselves out of the graves they have dug for themselves in the cemetery for weapons of mass financial destruction, a/k/a derivatives. At least this is what they have planned and would like to see happen, but gold and silver are now putting them into an unprecedented "hissey fit" and have sent their collective blood pressure into four figures, which by the way, is also where gold will be shortly. This is because they can not move the stock markets up without a weak yen, and a weak yen means $1,000+ gold and $20+ silver, along with a public stampede into precious metals and their stocks that could push gold and silver to their true values in very short order. So the plans of the Illuminati which we have described above are not likely to happen until after the cartel has lost the precious metals battle, and we believe they will have to settle for much higher gold and silver prices than they had wanted because they can not push stocks up without pushing precious metals up also. They cannot have their cake and eat it too, as the old expression goes, by suppressing precious metals while they simultaneously push the stock markets ever higher. They must be rabid and frothing at the mouth on account of the fact that their own greed and avarice in the derivatives markets have made it impossible for them to do this. Everything was going as planned until August, when the adjustable rate resets, mortgage defaults, subprime debacle, derivatives implosion, credit crunch, risk reassessment and lost market confidence, the end products of Greenspan's Folly, started their long march to destroy everything in their path like General Sherman's march through the South during the Civil War. On July 19, the cartel had the Dow at 14,000.91, spot gold at 675.50 and spot silver at 13.24. This past Friday, November 9, we had a tanking Dow at 13,042.74, spot gold at 832.10 and spot silver at 15.48! OOPS!!! Just as our Founding Fathers foresaw, gold and silver, which are the only legal money authorized by the US Constitution, are the instruments of financial truth, which have now foiled the international bankers once again. Our forebears were absolute geniuses. Oh, and incidentally, we take great pleasure in being able to inform the cartel that even the profits from all these future machinations will not put a dent in their black hole of derivatives losses, which will be in the hundreds of trillions! This black hole of imploded derivatives, most of which are naked and leveraged to the hilt and which have been caused by the gravitational collapse of a myriad of subprime real estate mortgages and various alphabet follies like CDO's and SIV's, will suck in and devour any and all of their ill-gotten gains without so much as a burp! The cartel, as usual, has completely miscalculated their position, and we just cannot wait for the trials and recriminations to start when Ron Paul becomes the next President of the United States.
As a result the dollar is at the lowest level in over 26 years, having dropped to almost 75 last Friday. We had predicted the first stage fall would be to 72 to 75. The dollar also has had to contend with higher gold and silver prices in a manipulated market and higher overall commodity prices for six years. The credit crisis is sending banks, investment banks, mortgage companies and all those who bought CDOs and ABSs into severe losses. There isn't any good news and worse we see no good news ahead either economically, financially or pertaining to our occupation of Iraq and Afghanistan. On the latter, our government and Congress have sold us out. Incidentally, remember that in the primaries when you vote these incumbents out of office. We are a shadow of our former selves in manufacturing as free trade globalization, offshoring and outsourcing rip our economy to shreds. We have already lost more than 5 million jobs under the reign of George II and transnational elitist conglomerates plan to ship out another 40 million jobs over the next 10 years rendering our citizens to a nation of hamburger flippers and 2nd world status. The Fed, our President, our Congress, corporate America and our labor unions have sold us out to internationalist, new world order Illuminists. We are in debt up to our eyeballs, personally, corporate and governmentally. We have allowed unfair free trade, similar to the period between 1790 and 1800, which almost destroyed our young nation, and today again it is economically and financially destroying our nation. As the dollar falls we have a slowing economy, a real estate collapse, the worst credit crisis since 1930 and the Great Depression, still mounting debt and another in process stock market collapse. If you are in the stock market get out. We've been telling you that for months. Put your 401(k)'s, IRA's and Roth's, etc. into gold and silver coins, shares, funds or at worst money market funds. Inflation is 11.3% and wage increases over the past 7 years are up in total only 5%. That means you have lost more than 5% of your purchasing power annually. The main reason for this is the unbridled invasion of illegal aliens, which our President and Congress refuse to do anything about. Most of them want to reward these lawbreakers and give them amnesty and eventually citizenship, so they can acquire their votes and profit from their slave labor.
There are tens of thousands empty homes across our nation and homebuilders keep building, because our government lies and tells them everything is going to be all right. They tell them CPI and PPI are under 3% and unemployment is 4.6%, simply ludicrous, and their corporate chieftains believe it. They will catch on eventually. Adjustable rate mortgage owners cannot get new loans. That is more than 60% of them, because lenders have changed the rules and 70% of new buyers are being turned down. Few jumbo loans are being made as credit comes to a virtual standstill. Twenty-five percent of jobs are in construction or related to building and real estate. Close to 500,000 people have already lost their jobs, including more than 300,000 illegal aliens. Most of the illegals are out of work and the rest are in service jobs paying $10.00 an hour or less. We have a $6 trillion CDO and MBS overhang worth $0.30 on the dollar. We have $2.6 trillion in CDOs and MBS that are ALT-A and subprime. In the latter group 50% plus will go into foreclosure. Some big banks and Wall Street firms are going under unless the Fed props them up, which if they do is very inflationary. Without that we see 15% inflation next year. These CDOs, MBSs and ABSs are rampant throughout the US and world financial system. There are going to be trillions of dollars in losses everywhere, most of which will be in the US. There is no way this catastrophe can be stopped. It can be delayed, but not stopped. The "Debt Bomb" is unraveling. Citigroup and Merrill Lynch are broke and many others will join them. This is going to be a financial bloodbath as inflation goes ballistic and the economy goes into deep recession. |
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This is a requiem for the greatest country in history. The game and being at the top of the heap is history. If we are fortunate we will survive as a second-class power. The world has lost confidence and trust with American leadership. Our central bank, our bankers and Wall Street have screwed central banks, banks and professional investors worldwide with the fraud of bonds consisting of CDOs, collateralized debt obligations, and ABSs, asset backed securities. As a result, foreigners are selling dollar denominated assets including the dollar, Treasuries and Agencies. Foreigners have had it up to the eyeballs. 
Record numbers of homeowners are defaulting on their mortgages and as they do so, questionable practices among lenders are coming to light in bankruptcy courts, leading lawyers to contend that companies instigating foreclosures may be taking advantage of the imperiled borrower, because there is little oversight of foreclosure practices and the fees that are charged, bankruptcy specialists fear that some consumers may be losing their homes unnecessarily or that mortgage services who collect loan payments are profiting from foreclosures.