This is my radio Blog welcome Barry/// NOTE: to go to my news blog here is the address (barry-julie.blogspot.com) I only syndicate radio shows here.
Mark 4: 24-25 NLT
For everything that is hidden will eventually be brought into the open, and every secret will be brought to light. Anyone with ears to hear should listen and understand.” Then he added, “Pay close attention to what you hear. The closer you listen, the more understanding you will be given—and you will receive even more. To those who listen to my teaching, more understanding will be given.But for those who are not listening, even what little understanding they have will be taken away from them.”
In Defense Of A Nation - Broadcast Archives - Pastor Stan and Steven Grant Greely, Co.
- After the emergence of the "sheisse" Dollar, will the Federal Reserve Notes we have today be honored for a time or required to be turned in or devalued along with the new "sheisse" Dollar? ►0:18 - When the U.S. dollar vanishes and is replaced, what will happen to the other currencies of the world? ►4:58 - As physical metal becomes more precious, and the US more desperate, will they flood the market with counterfeit coins? ►8:58
August 15, 2015
In an interview with Jason Burack, Jim Willie says, “The new The new ‘Scheiss’ dollar will probably follow the procedure of the launch of the Euro.
People were given 3 months notice to give their existing paper currency to the bank and exchange it.
I think the new dollar won’t be given that much time, as things are accelerating. When they are are bringing the old dollars to the bank to exchange for the new dollars, I think that they are going to say “It’s going to be 1 for 1. And as soon as the procedure is done, they are going to devalue the Scheiss dollar.”
The Chinese are the biggest holders of Treasury bonds and a year ago, they demanded that the dollar no longer be used as the golobal reserve. It eventually has to be gold, because You can’t replace one faulty paper system with another faulty paper system. It has to go to metal.
I think we are goint to see that 30% that China and the US agreed upon in a compromise. The Chinese said that they wanted te US to devalue the dollar by 50% and the Treasury officials said, “That’s too much! So they decided on a compromise of 2 staggered 30% devalutions of the dollar.
So there you have it. Two 30% devalutaions, which I think the first one happens as soon as people bring in their dollars to exchange, and then they will devalue it in Stage One. >With a 30% price devalution, you will see a roughly 42% increase in the price of all imported goods.
Art Cashin, a 50 year Wall Street vet, has never sounded so doomy: Art Cashin Warns Worldwide Liquidation Scramble Could Morph Into Full-Blown 2008-Style Collapse
*Things Could Begin To Get Out Of Control 2008-Style — Plan Your Exit*
“My concern is that the central banks continue to be in almost a game of ‘chicken’ here. And as we saw in 2008, and at other times in my 50-year career, markets can sometimes tilt and totter out of control. I don’t think anybody is in a full position to control things here, and unless they (central banks) work together, and the signs of a currency war don’t indicate that’s happening, then things could begin to move out of control.”
You could begin to see some of the emerging nations suffer, fail to pay their debts and start to see that situation spiraling (downward). We’ve seen it before. We’ve seen things like this in 2008, and the only way you get through 50 years in this business is whenever I walk in a room I look for the exit sign to know where my out is.” http://kingworldnews.com/art-cashin-warns-worldwide-liquidation-scramble-could-morph-into-full-blown-2008-style-collapse/
SocGen’s Albert Edwards is also ringing the alarm bell, saying faith in central banking is coming to an end: China could trigger the biggest financial rout since 2008
“As investors realise yet another recession beckons, without any normalisation of either interest rates or fiscal imbalances in this cycle, expect a financial market rout every bit as large as 2008.
Prepare for sub-1% 10y Treasury yields and another financial crisis as policy impotence is soon revealed to all.” http://www.marketwatch.com/story/china-could-trigger-the-biggest-financial-rout-since-2008-2015-08-12?page=1
And Harry Dent. While I disagree with some of his views, he’s right about the coming global deflation. In an intervew with AJ last week, Harry Dent said the crisis is coming in a few weeks. In fact, he said BE OUT OF THE MARKET BY AUGUST 25TH. What’s going to happen? China is going to cause a global economic crash on par with 2008. He expects a 40% initial collapse in equities, which will continue to spiral downward for a few years, with the DOW bottoming around 5000. He believes crude will hit $32 shortly (and much lower long term) as the deflationary black hole sucks the life out of the global economy. While China is the global trigger, watch the Junk Bond market because it is going to implode. Full interview: http://investmentwatchblog.com/big-names-warning-of-big-collapse/
NY Times best selling author and world renowned investor Doug Casey, along with Jeff Berwick of Anarchast fame sit down with GoldSeek TV Anchor Vanessa Collette for an in-depth, unfiltered & unscripted conversation about a potential imminent financial collapse. Doug believes we are now exiting the eye of the hurricane and rapidly heading towards what he terms the Greater Depression, and Jeff Berwick believes a collapse is being planned for September, moving the world closer to a one world government.
Radio Free Redoubt's Fox519 joins me to talk about the convergence of several secular and prophetic indicators that are flashing like red warning signs to take cover financially. He tells us what he and his community are doing to prepare. This episode is part of a series where we will be discussing our SRC or Shemitah Readiness Checklist to make sure we can attain a minimum state of preparedness by September. If you enjoy the show, please like and subscribe!
The lovely Coupon Prepper joins me in the studio today to help me deliver a dire warning about getting serious about your food storage program. If you put any stock into the prophetic warnings of Johnathan Cahn or Mark Biltz, if you understand what the secular analysts like Martin Armstrong, Paul Craig Roberts, David Stockman, or John Williams see coming, the hour to prepare is at hand. We spend an entire hour providing a list of what you need to start doing right now to achieve a minimum level of preparedness by September. The Shemitah ticker in the top left corner shows just how short time is. If you haven’t already, take the time to write up an inventory of the stocks you have on hand, what else you need, and start getting those items stored up. If you enjoy the show, please like and subscribe!