Wednesday, November 24, 2010
On Sept 27th I published an article titled " How I Believe The Dollar Will Die."
Today, The National Inflation Association released a short You Tube video titled "The Day The Dollar Died."
Although they have a few minor different details, we both agree to the outcome, the death of the dollar.
Here is the latest video from NIA. Please watch this and take serious note, this is the same thing I have been preaching now for a couple years as well as the same outcome.
You can read my article "How I Believe The Dollar Will Die" CLICK HERE
Tuesday, November 23, 2010
By Ray Gano
When your walking around a store – any store – and your doing your shopping, how often do you think about your survival supplies? Is it something you make a list of and make a special trip to town? Or do you incorporate your survival supplies shopping into your everyday life?
Lets take the other day for example, Tracye and I went shopping at the local super Wally-World. While we were walking through the store, I picked up a 2 pack of strike on box matches. At 250 matches per box, that is 500 matches.
I took inventory of my matches a while back, and it came to like 6 or 7 boxes of 250 matches per box. So that equals out to around 1,500 – 1,700 matches. I am one who believes you can never have to many means to make fire, so I picked up another 500. I also got a box of Federal 9mm ammo, 12 gauge #4 shot.
When we got to the food section, we checked our grocery list and as I was walking around I grabbed 2 jars of peanut butter to put up. One can never have to much peanut butter.
My wife picked up some corn bread mix for this weekend. While we were standing there in the isle, I was wondering “how well corn bread mix would store in vaccum sealed bags with oxygen absorbers? The mix has an expiration date of 2013. Right now with the holidays they were .47 cents per box. How can you pass that one up? That is the kind of stuff I think about when shopping. So we got some extra boxes
Here is what I added to my preps from this trip -
50 rounds of Federal 9mm ammo
25 rounds 12 gauge #4 shot – #4 is great for small game - rabbit - squirrel - etc
2 jars of peanut butter
5 boxes of corn bread mix
2 boxes strike on box matches
50 rounds of Federal 9mm ammo
25 rounds 12 gauge #4 shot – #4 is great for small game - rabbit - squirrel - etc
2 jars of peanut butter
5 boxes of corn bread mix
2 boxes strike on box matches
The ammo is going to be put in their boxes and stored, peanut butter, corn bread mix and matches will be stored.
If I did not get the ammo, the cost of the food and matches was under $10.00
I see new preppers / survivalist that put a lot of time an effort into their preps. If I put a “lot” of time and effort into it, I would probably get burned out. So I try to take the slow and steady approach. This is why it has to be a lifestyle. Prepping is what you do all the time, and you do this by taking baby steps. An item here, jar of something there and once you do this for a month or two, you will be amazed at how much supplies you have on hand.
One of the problems that I see especially today, is that people put “too” much time and effort into survivalism. Yea, I know this is an "oxymoron" statement, but hear me out. They feel like they are behind the "8 ball" and they are trying to play catch up. They are prepping in a panic and always on the "go" with their preps. Its like they jump in with both feet, take off running, but after a while get tired and drop out of the race. This is why I say take baby steps. Think like a turtle and be slow yet steady. Or think like a squirrel, a squirrel buries 1 nut at a time.
It is never to late to start, in fact right now with the holidays, it is an excellent time to start. There are many great deals on food as well as supplies. You can save a lot of money because all the stores are compeating for your christmas food and gift dollars.
In the prepping world January is when many of the mormon churches start the preps. Because of this many, prepping companies, like Shelf Reliance have great sales on their shelves and supplies. Provident Provisions, a long term food company, has great sales going on now till around March. Do your research and look around at long term prep companies and see what you need, odds are that you can find what you need on sale.
Now is a great time to start your preps, things are on sale and the ability to take baby steps will allow you to really make a good prepping effort in a short amount of time without buring out. Remember the corn bread mix? When you see sales like that, buy extra, you will be glad you did.
When I find good deals, I will try to share them with you so that you can take advantage of the savings as well.
If you have any questions, please feel free to contact me and I will be glad to answer your questions.
Saturday, November 20, 2010
I saw this and had to pass it on. Good humor, but good truth too.
Survival 4 Christians
Survival 4 Christians
Murphy’s Laws of TEOTWAWKI
From Wikipedia: Murphy’s Law is an adage that is typically stated as: “Anything that can go wrong, will go wrong”.
1. Food, you still don’t have enough
2. People without back up shelters might be without shelter
3. People with guns and no food are finding out that people with food have guns too
4. Look hungry, they might leave you alone.
5. Seed bank, the new source of wealth
6. Insects, It’s what’s for dinner
7. Gun shots, they attract unwanted attention
8. Ask everyone if they have food or water, Jedi mind tricks might work on desperate people
9. Wood burning stoves, they are like pots of gold
10. The less people you know, the better off you are
11. Mormons, suddenly they have a lot of new friends TEOTWAWKI Survival
12. Friendly hungry people…..aren’t
13. People who thought they could make it with just a survival knife are finding out they can’t
14. Satellite Dishes, they make great family dinner tables
15. If invited to a dinner party and you can’t figure out what’s on the menu, it’s you
16. Houses full of food attract the unwanted envy of hungry people
17. Friends who show up without food are not good friends
18. Electricity, the good old daysTEOTWAWKI
19. Dog Food, who knew
20. Cash, its a great way to start a fire
21. Alternative energy, you’re kicking yourself now for not investing in it
22. Watching your garden grow, the new Sunday afternoon sport
23. The Government, it will feed itself first
24. Large groups of people with guns make the rules
25. Bad water & Montezuma’s Revenge, they have come to America
26. People who thought the Government would save them, found out that it didn’t
27. Hospitals, no longer a place of healing
28. EMP, now everyone knows what it means
29. Sandy dry soil, suddenly not such a cool place to live anymore
30. If food is the new currency then fresh water is a hot commodity
31. Gold coins, they don’t taste very good
32. Toilet paper, should have bought more of that stuff
33. Ham radio operators, who are the nerds now?
34. Burning Green Wood = Smoke / Smoke = Attention / Attention = Bad
35. Trying to start a fire with two sticks? Should have stocked up on more matches
Friday, November 5, 2010
By Ray Gano
Austerity measures - In economics, austerity is when a government reduces its spending and/or increases user fees to pay back creditors. Austerity is usually required when a government's fiscal deficit spending is felt to be unsustainable. - source -http://en.wikipedia.org/wiki/Austerity_measures
IF you were like me, you were watching the new speaker of the House, Rep. John Boehner of Ohio, as he told a crowd of supporters, "This is not a time for celebration."
He went on to say, "It is a time to roll up our sleeves and go to work. We can celebrate when small businesses begin hiring again. We can celebrate when the spending binge here in Washington has stopped. And we can celebrate when we have a government that has earned the trust of the people that it serves."
While I am very glad at the republican sweep in the elections, this sweep will not stop what has already been put into action by the Federal Reserve
See no matter what, the Federal Reserve is still moving forward with thier plans to purchase US debt with money printed out of thin air. The fancy name for this is quantitative easing.
What this will do is drive government bond yields to levels that we have not seen since the great depression. The US dollar is now moving into "junk bond" status.
What is going to take place is higher inflation, in fact it is believed that the inflation is going to be so much that it is goign to cause a major shake- up in currency and bond markets globally.
The outcome will be huge price increases, and again it does not matter who is in office, congress or senate; the Federal Reserve, a privately held corporating of banking elites are doing this. There is nothing "federal" about this organization. They are the ones who control the money and they do not care how many lives will pay for thier usery and greed.
In fact, just three weeks ago silver was siting around the $19.00 range. Today it is $26.69. It was $24.00 just two days ago, that is till the Feds announced that they were in fact going to enact QEII.
Now, there is a chance,very slim, but a chance that we can possibly escape some of what is before us. But what it will take is massive amounts of sacrifice.
The new speaker of the House, Rep. John Boehner said, "It is a time to roll up our sleeves..."
Like it or not, "rolling up our sleves" means Austerity Measures are coming to America.
On Nov 2,201 the United Kingdom's PM David Cameron's coalition government announced massive cuts to the military and social housing in an attempt to reign in out of control deficits before addressing a very large debt.
In France, an estimated one million protesters took to the streets against austerity measures proposed by the Sarkozy government which would raise the retirement age from 60 to 62. Well, our retirement age is 65, so personally France can suck this up. But what they are looking at here in the US is to move the retirement age from 65 to 70.
Greece's economy has collapsed, and now Portugal's President is warning of a major crisis unless thier new austerity budget is accepted. Ireland is not be far behind in collapsing.
Europe is facing hard lifestyle changes, and the US is not far behind them.
On February 18, 2010, President Obama signed an executive order called "The National Commission on Fiscal Responsibility and Reform." He did this by executive order because Senate was unable to pass a bill agreeing to a binding all powerful fiscal commission. Yet another abuse of power from this president.
Like the many other draconian "Czars" he has given power too, this commission will also wield authority and power.
On Nov 1, 2010 the Deficit Commission used the New York Times as a messenger service to tell politicians — and us the American people exactly what they intend to do if Republicans win the House and a good number of seats in senate.
It’s all there in black and white: They’ll cut benefits, increase the financial burden on the middle class, and make sure that wealthy Americans aren’t troubled by the kind of sacrifices everyone else will be expected to make so we do not default on our debt.
Here are the quick points...
(1) The average family health plan in the United States cost $13,770 in 2010. At a Federal tax rate of 25%, that’s $3,440 in new taxes — and the costs of these plans keeps skyrocketing. Employers would pass these costs on to employees, and would probably also reduce benefits (which is permitted to some extent under the new law) in order to reduce their own costs.(2) The loss in middle-class wealth through plunging household assets is one part of the problem. Another is the fact that so many homeowners are paying mortgages based on grossly inflated home values, since banks have not had to write down any of the principal on these loans. And the bank bailout has not “broken even” or “made the taxpayer money,” despite reports that suggest otherwise.(3) About those “unnamed supporters”: “Unnamed” by who, exactly? By Calmes herself, apparently. Are they “supporters” of the Commission, of eliminating these tax breaks, or of something else? Are they Commission staffers, or do they work for an advocacy group of some kind? Colmes doesn’t say. Has she read the New York Times’own policy about unnamed sources? Unattributed sources are only to be used for clearly stated reasons, which should be provided in the article. But then, disclosure have never been the Deficit Commission’s strong suit.(4) Social Security’s fully funded through 2037, and then 75% funded after that. Lifting the cap on the payroll (FICA) tax would fix it forever. But Republicans will resist that, so your benefits are going to be cut instead. How? By raising the retirement age and altering the price index and cost-of-living formulas. That would come to an estimated 16.5% across-the-board cut in benefits – all because Republicans have drawn a line in the sand.
Co-chairs Alan Simpson (former Republican Senator from Wyoming) and Erskine Bowles (Bill Clinton's Chief of Staff) have promised, as basically ordered by our illustrious President. That everything will be on the table when it comes to balancing the budget, including social security, taxes, the military, and Medicare.
Does this need to be done? Yes it does.
But will those who govern, lead and make all the laws do the right thing? I pray that enough constitutional conservatives made it into the house and have the fortitude enough to stand when they see present day evil making headway.
I also pray that Republicans take seriously that the people of the United States have spoken. We are sick and tired of the abuse and we want it stopped now.
Now I have to say that I am encouraged by Senate Minority Leader Mitch McConnell (R-Ky)and the speaches he has been giving. The president is saying compremise and McConnell is saying "no you are going to what the American people want." I like his tough, take no prisoners, draw the line in the sand attitude.
Now how long it lasts and will they stand firm is another thing.
If sacrifices are spread out evenly and if we as a nation turn back to God, I can see us making our way through this storm. It will be difficult, but it is possible. But it will mean sacrifice as a nation.
What I fear is that those in power will take the easy way out. That most likely is create a major war effort. That has always been the answer when the FIAT Model starts to break down. Just in case you do not know, America is based upon the FIAT monitary system, and she has always conducts a major war effort to try to get ourselves out of debt.
History has shown this time and time again.
When we could not fix our debt in the 1800's, we had the civil war. When we could not fix our debt in the 1930's we went to war. This is why I say that the odds are very good that we will go to war. Odds are also good that we will ramp up our military machine and go to war with Iran.
If we do not go to war, then we will continue to try to spend our way out, which we all know that is a dead end street that will result in entering a sever depression / hyperinflation even quicker.
Austerity Measures are coming to America, we have been officially warned by John Boehner and no matter what, it will be carried out and we will feel the pain. To which direction we take, will be seen.
Will they send our young men and women across the sea to shed their innocent blood to pay for the banksters and Wall Street exececutives massive greed?
Will they just sacrifice America on the pire of Mammon and let this nation sink into third world status wiping out the middle class and stealing just about every bit of wealth the American people have built.
Both of these senarios will send this nation into an "econimic winter" where not much growth and great hardship will take place.
I have to be honest and say that there are times I do not relish the job God has given me. I know that many people are excited with the turnout of the elections and I know am raining on their parade, being doom and gloom and seem to always be pointing out the negative.
But I am a Watchman, called upon by God. I have got to sound the warning, the fire is in my bones. But not only that, the blood of the innocent will be upon my hands if I stand silent.
Ezekiel 33:6-7 But if the watchman see the sword come, and blow not the trumpet, and the people be not warned; if the sword come, and take any person from among them, he is taken away in his iniquity; but his blood will I require at the watchman's hand. 7 So thou, O son of man, I have set thee a watchman unto the house of Israel; therefore thou shalt hear the word at my mouth, and warn them from me.
Therefore, I must sound the alarm.
So what does the road look like possibly ahead?
We will probably see a "positive bump" in the markets, things will seem to be doing well. As a matter of fact the markets are reacting in the positive these last few weeks because "stock prices" are up. What they fail to see is that they are up due to inflation. In other words it is taking more dollars to purchase the stock than it did say a month or so ago.
The stock prices are not going up, the buying power of the dollar is going down. Don't believe me, look at the price of gold - $1,396.50. Gold and silver has consistantly been going up since July.
If a positive speed bump takes place, we may see the price of gold and silver drop for a bit(if it does, buy silver). This will be the calm before the storm. Things will seem to be rosy, but it will be only for a season. We will still have the same problems, same issues and the same gigantic mountainous debt facing us. Then the tide will change and we will see massive inflation take place in just a matter of days.
What do we do?
We need to be doing all that we can to prepare our selves spiritually, mentally and physically for the sake of the Gospel. Many will be hurting and need the hope that we have to offer in Jesus Christ our Lord.
If you have not protected your wealth, then I would start finding mediums of wealth to purchase like silver. If a drop comes, that will be the time to purchase silver, it will skyrocket after that.
If you want to learn more about silver, get Prophezine's Christian Guide To Silver.(http://www.prophezine.com/pz_store/)
In fact here is what PZ Insider Danny said...
"I'm new to investing in silver and I have to tell you that your "Christian's Guide to Silver" DVD is a "wealth" of information. After watching the DVD, I was able to find over $30 worth of silver just sitting in my closet. Coins that I would have eventually rolled up and cashed in at the bank or just spent for far less than $30. This DVD has already paid for itself and then some. Everyone who wants to learn about investing in silver should watch this DVD!"
It is up to those of us who are the laymen who must be ready. Many of The pastors and shepherds have let us down, seeking approval of the world, instead of standing with the Word of God.
I believe God is seperating the wheat from the chaff. He is calling laymen to be ready for service. We must be ready to stand with boldness and credibility and to not be burdened as to where our next meal comes from or where to lay our head. We have been good stewards and we have prepared for the coming storm.
Finally, I leave you with the following...
Ephesians 6:13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.
Prophezine's A Christian's Guide To Silver
In this DVD Video we teach you about the precious metal Silver from a Christian's Perspective.
This video covers:
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Video is approx 60 minutes in length
COST = $25.00 (US) Plus $3.00 shipping and handling
INCLUDES - Gold and Silver Tracking File - must have excel
INCLUDES - Gold and Silver Tracking File - must have excel
JUST RELEASED - Broadband Version / International
This is a reduced file that you can view on your computer. The screen size of this file is 320x280. You will NOT receive a DVD. You are paying for only the video file.
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YOU MUST HAVE A BROADBAND CONNECTION TO DOWNLOAD THIS FILE
The file format is WV or Windows Media file, the file size is 164 Mb.
COST = $15.00 (US)
INCLUDES - Gold and Silver Tracking File - must have excel
INCLUDES - Gold and Silver Tracking File - must have excel
Monday, September 27, 2010
By Ray Gano
I want to say that first of all I am not a prophet nor the son of a prophet nor am I claiming to be a prophet. I am a watchman on the wall who has been sounding this alarm for over five years now regarding the demise of the dollar. Many people have listened and heeded the warnings.
What you are about to read is based on historical research, observing past and present situations as well as what has happened in other countries that are currently or have gone through a massive economic downfall. We are following these countries almost step by step towards implosion.
I believe that in the near future the dollar will die.
We are over leveraged to the point that a single event within the stock market can now bring this nation to her knees.
This is not a matter of "IF" it is a matter of "WHEN" and that is a historical fact.
Solomon, the wisest man of all times stated the following…
Ecclesiastes 1:9 (KJV) The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun.
Man has not learned his lessons from history, therefore he is destined to repeat the same mistakes over and over again.
How It Will All Go Down
One day when nothing much is going on with the stock markets, there will be a commodities jump. Some commodity like gold or oil will "spike" out of the blue.
This will trigger already pre-programmed events and T-Bills / treasuries will be sold off because that is the only thing of "value" that today's fund manager have at their fingertips.
The reason they will sell these treasuries off is to catch the quick chance to ride the "spike" and cash in on some profits.
What this will do is set into play another series of pre-programmed events at the FED. The FED computers seeing these T-Bills / treasuries being sold will snatch them up so that they can still maintain the low yields they have been manipulating in order to prevent deflation of the dollar. But the reverse is what will take place.
Because the feds bought up those T-Bills / treasuries this will set into action other asset managers, mega banks and other funds pre-programmed events and they too will sell off their T-Bills / treasuries to get in on the FED buying.
All of a sudden, all these computer programs that have been pre-programmed to catch the next profit margin will sell off their T-Bills / treasuries.
Now mind you, all of this can take place within a matter of minutes before anyone is really aware that this is going on. When someone finally realizes what is going on, it will be too late, the lots will be cast and the damage is already done.
It is at that moment the US dollar will die and the only thing that was "propping up the dollar," the trust and faith of the people in the currency, is also gone. The trust and faith of the currency was just sold down the river and cannot be recovered no matter what the Federal Reserve, Banks or even the government will do. The death blow has been struck and we have entered upon the path of no return.
Now that all these fund managers, banks and asset managers have sold off their T-Bills / Treasuries and they are now sitting on a wad of cash. They are not going to buy more T-Bills / treasuries because they themselves have lost faith in the dollar a long time ago. They will not reinvest in a already sinking ship. The fact of the matter is that they were praying for that one chance to dump their T-Bills / treasuries and cash them out before the dollar died completely.
So where do these banks, fund managers, asset managers and others put all their money ?
By the end of that incredible day, commodities of all types, precious metals, industrial metals, oil, foodstuffs, all will increase exponentially.
If you see this happen, it will be your signal to go to the store as fast as you can and buy every bit of food you are able to purchase. Fill all your cars up and any extra gas cans you have. Charge it, write checks, do whatever you need to do. The dollar has gone bust and the world is about to get on the "E" ticket ride on the fastest speeding train ride the world has ever seen.
See this is the signal you need to keep a serious eye out for.
The important thing to remember is that when this is taking place, stop everything you are doing and get food, gas and draw out as much cash as you can.
Why do this? Because ordinary people have not been tipped off yet. Sure we all have lost faith in the dollar, but it will become reality when Wall Street crashes into Main Street in about 3-7 days after this event takes place.
Now why go out and get all these items no matter what the cost? Once T-Bills / Treasuries are not the sure method of value as viewed by Wall Street, one question will come to everyone's mind. Where are all those money managers going to stick all these dollars they got from selling off Treasuries?
A - Put it in the bank?B - Under Aunt Flo's mattress?C - Some overseas currency?
No. They are going to run to what people have run to throughout history. They are going to start buying up commodities
When the dollar dies and the faith and trust of the currency called the US Dollar is no more, commodities will be viewed as the only sure place of value, to put one's cash.
Also, it won't be commodity stocks, ETF’s, or bonds. These will die alongside with the death of the dollar, because they were based on the value of the US dollar. Anything attached to the dollar will become just as worthless.
So what we will witness is a major run on actual hard, hold in your hand commodities.
By the end of this panic driven spiral, commodities will have risen between 50% and 100%.
By week’s end, we could very well be looking at an increase of 150% to 250%.
All of a sudden everyone will be on the search to purchase any tangible asset that will hold value. Gold, silver, food, daily use items. The prices for consumable commodities will begin to go through the roof.
But my personal belief is that it will be silver that will be the real sky rocket. We could very easily see silver and gold "normalize" and go back to a historical norm of 10 -1 ratio. Today gold is sitting around $1290.00 an oz. 10 % of that is $129.00 that will be the minimum that silver will sell for. But odds are that it will sell even higher because of panic purchasing on Wall Street. It is a very good possibility that gold could reach a $3000.00 to $5000.00 price per ounce. This will put silver in and around $300-$500 per ounce.
What is today's price for silver per ounce? It is sitting around $21.50. Compare that to $300 - $500 per ounce and that is quiet a return on an ounce of silver.
But at this moment we are still primarily talking / focusing on events taking place on Wall Street.
Once we see this commodity balloon start to go up, that is when ordinary folks will see their first examples of hyperinflation come into play.
In fact the first place they will probably see hyperinflation is at the gas pump when the prices of gas go up drastically over night.
I personally believe that it will be oil that will kick off all these events. If oil spikes from $75.95, which is the price it is sitting at the moment of writing this article to let's say $150 in one day. The next day it shoots higher and higher. Within three to five days oil is sitting at $300.00 a barrel which is a very feasible scenario. Panic as well as supply and demand will cause gas to shoot up to $10, $15, $20 per gallon and possibly even more.
So what happens next?
Well Wall Street is already in a major panic, this will trickle down to "Main Street."
Remember me stating earlier that when you see these early signals go buy food, gas, and pull your money? Well "main street" is about to wake up and markets and prices of consumable commodities are about to go vertical.
People will storm Walmart and the other stores buying up everything in sight. It will be utter chaos. Bread, noodles, camp fuel, ammo, any daily need products are going to fly off the shelves.
This is why I have been telling people to store up and buy what they can now because we need to view what we are purchasing now as a "hedge" against inflation. For example the week prior you could purchase a 20 lb bag of rice for just $12.00. What is going to happen to that bag of rice when gas prices go to $15.00 - $30.00 for a gallon of gas? What about when the laws of supply and demand take effect. What about when hyperinflation becomes a reality?
What people need to realize is that Hyperinflation is not "inflation" at all. Hyperinflation is the complete breakdown in the trust with that countries currency. Because people no longer trust their own currency, It will take more pieces of paper to purchase stuff. The currency is literally not worth the paper and ink it is printed with.
So what "main street" will do is what they have done throughout history. Exchange currency for commodities. This is why gold, silver, gas, food, camping supplies, anything deemed of value will rise in price and the other, the dollar will be used to paper ones walls, light fires, blow ones nose, etc.
But here is another effect that will take place that will wipe many people out completely.
Because people have freaked out and have panic-bought basic commodities, their 401K,s IRAs, Savings account, Retirement accounts, stocks, bonds, anything tied to the paper dollar will collapse.
Sure people may have 50,000 - 100,000 - 500,000 in one or more of these methods of saving, but when the price of a bag of rice shoots up to $1500.00 a bag, the currency you have becomes pretty much worthless.
Do you know that today a dozen eggs in Zimbabwei, which is still in the beginning stages of hyperinflation costs 1.3 trillion Z Dollars?
If a dozen eggs cost that here in the US when hyperinflation hits, how much will you be able to purchase with your 50,000 - 100,000 - 500,000 in the savings?
So even if you have a lot of dollars, their value is worth nothing. People who were once well off will be dirt poor over night.
What is taking place at that time is that everyone is rushing the banks to get their cash, so that they can turn their worthless cash into any consumable commodity that will retain its value.
Now I know I have covered a lot here, so let's do a quick review.
Here is the sequence…
A spike takes place in oil, gold, some major commodity.
Asset managers dump treasuries for cash so they can catch the spike for a short profit.
FEDs rush in and buy up Treasuries, causing a secondary sell off from other asset managers, banks & large corporations
The treasury market will tank.
Because of this, a few days later stocks, bonds and other equities to also drop in price like a lead balloon after the treasury sell off panic takes place.
Because all these asset managers "et al" are sitting on cash, they will need to put it somewhere safe, that will be commodities. The prices of gold, silver, oil, food stuff, any commodities of value. The price if these commodities will go vertical.
Simply put equities die, commodities go bust.
Everyone will be rushing to commodities. It is a self perpetuating speeding train. Nothing will be able to stop it nor will anything be able to apply the brakes.
This is where we pick up again…
Where Wall Street Meets Main Street
This speeding train coming from Wall Street will hit Main Street and everyday people will wake up to this fact. Panic will ensue.
Like the asset managers they will dumping anything they perceive to be of real world value, but for main street these real world assets are cars, trucks, laptop computers, iPods, even houses. All of these items will lose value in order to purchase commodities like gold, silver, food, gas, heating oil, any sort of daily consumable need.
But Ray, gold and silver are not a daily need. You cannot eat gold and silver.
You are completely correct. But the world will still revolve around money and this is where the natural laws of God take effect.
The only true money that is God created and ordained will rise to the surface again. It has never fallen out of favor, has always held its value, and it ALWAYS replaces devalued, depreciated fiat currency. God's only ordained and created form of money is gold and silver.
What main street people are going to find out is that real-world assets will not go up in value in a hyperinflation scenario. They will drop. In fact throughout history they have never held their value when the hyperinflation comes.
What happens is that real world assets collapse along with the dollar. In fact they deflate or go down in price in relation to consumables / commodities.
Look at how many people have their wealth locked up in their house.
During a hyperinflation an estimated $250,000 house can easily fall to $50,000 or even less.
In fact what will happen is real world assets will all of a sudden be pegged to gold and silver. This is God's natural law taking effect. So the good news is that if you have 50 ounces of silver, you will be able to purchase that home that has dropped to $50,000. The reason is because in a hyperinflation market real world assets such as a cars, trucks and even a house lose their value and pretty much become worthless, whereas 50 ounces of silver will buy you just about anything you will need.
Now if you are still reading this and you have gotten this far you might be saying that the government will step in, Wall Street has computers to prevent this, the President will stop it, etc etc.
Someone somewhere in power will stop this runaway train and apply the brakes and stop the hyperinflation.
Well the answer is that no one will be able to stop it. Congress, senate, the president, the Feds are all helpless.
This sort of event has happened time and time again. It is all part of the FIAT Currency model. The first time this took place was in ancient Greece. It took place in France, England, Germany, just about every country that has instituted a fiat currency.
Do you know that hyperinflation has taken place in the US twice already?
Once during the revolutionarily war days and then during the Lincoln administration. In both of these times, a fiat currency was created, the people lost faith, it busted and hyperinflation ensued. It is all there in the history books and they were not able to stop the speeding train either.
So can the FEDS stop this hyperinflation?
No they are the ones that started this whole mess. They can't fix it.
Well can the Federal government stop it? Create more laws, regulations, quite possibly a bank holiday? They probably will try and history shows that when government does step in, they will always devalue the currency. They will split it so now instead of having $100.00 you have $200.00. Problem is that a bag of rice costs $500.00 so splitting the currency will do nothing except to cause prices to shoot up even higher.
Well why not implement price controls? If the government is foolish enough to do this, it will whip lash back into their faces and reappear as rampant black market.
So those ideas will not work.
Many conspiracy websites love to say that soldiers will be put out on the street.
Folks, US men and women in the military are feeling the pain just as much as you are. The military will have a hard enough time just keeping their ranks in order. You think that we will have it bad? Our men and women in the military will have it worse. Half of military families are already on food stamps, what do you think will happen when hyperinflation takes hold?
Another point you have to remember is that our military is stretched so thin overseas that we can barely hold on to the two fighting fronts we are involved in already.
In other words, there isn't man power enough. America is too big and to even try this basically equates to one soldier per city they must patrol. Are these severely reduced forces going to be able to really do anything? No.
Bring in UN Troops / Foreign troops? This is another popular idea that has floated around on the conspiracy sites.
What many people fail to remember is that by this time the US is going to be a hotbed of chaos.
The introduction of any foreign troops would instantly polarize the nation and all of a sudden 500 million guns that are in the hands of the US public would be pulled out of the closet and it would be open hunting season for any UN / Foreign troop. In other words it would be a blood bath for anyone stepping foot onto US soil. This is a fact. Give chaos a rally point and it will naturally gravitate to it.
What about more stimulus, start up the printing presses, inject more money?
Can't. This is hyperinflation, people do not want the paper dollar in the first place. Commodities are the only true asset of value. Flooding the market with even more worthless cash is not going to help.
What we might see, but this will take time to enact is food / gas rationing. A return to the ration cards like they had during WWII. But by the time this is put into effect the people will be adapting to the "new normal" and operating within a commodities based economy. Black and grey markets will already be in effect, people will have learned how to get their needed items. The laws of supply and demand will have already kicked in and a "new normal" economy will take effect.
So by now all of you reading this are asking that one critical question…
What do we do?
Welcome To The New Normal
See the key to survival is not surviving the nuclear bomb, it is surviving the next day and then the next after the bomb hit.
The same will be the case when Hyperinflation hits.
I used the analogy of a nuke because that is what Hollywood has portrayed. They always show the nuke going off, everyone "ducks and covers," fall out settles and then the happy couple walking off into the sun set. They never show what takes place after everything settles down and people adapt to the new normal.
If you have read any of my previous articles on preparedness you will know that I do not buy into the Hollywood's idea of the apocalypse. They never take into the boring everyday idea that people eventually will adapt to the new normal and it will become business as usual, just the rules have changed.
It isn't going to be a world filled with mutant biker gangs, nor will there be blood thirsty zombies. No thermal nuclear wasteland, no empty cities. Nothing that Hollywood said it would be like.
All we need to do is look at countries that have succumbed to an economic disaster already.
For example look at Argentina.
Argentina had a massive economic downfall in December 2001. Their banks closed, money devalued, their world was turned upside down. They have a massive rise in crime, drugs, prostitution, alcohol, murder, kidnapping, theft, muggings. Argentina went from first world country to a third world country over night.
So what do you do?
How you prepare for hyperinflation is to do just as Noah did. Create / build your own ark before the event takes place. But this ark is built up of true tangible assets. No equities, stocks, bonds, ETF’s, mutual funds, nothing that is tied to the US Dollar or any other foreign FIAT currency.
See if and when that hyperinflation thunderstorm takes place, you will have that "ark" you have built to see you through the storm.
When the zenith of hyperinflation takes place there will be a plethora of opportunity that you can then purchase.
Robert Kiyosaki who I consider one of my mentors, suggests purchasing cash stream producing residential property. He also likes mining, pharma, industrial production and transportation. At the height of the hyperinflation storm, these will be at rock bottom prices at pennies on the dollar.
A famous quote came from the depression era, when the very same thing took place. That famous quote was "Buy when there is blood in the streets."
I believe that America will end up pretty much like it is today. But it will be a "new normal." We will refer to everything as before "Bank Day" BBD and after "Bank Day" ABD. Crime will be higher, jobs will be scarce, food and gas prices will be 300% - 400% higher. But we will adapt and over come as we always have.
Another thing that quiet possibly will come out of this that has not happened before in other countries is that we will return to God. This country was founded on biblical principles, it is who we are and it is those ideals that influence us at our core as a people.
This nation always has a "great awakening" to God the father, the Creator of the universe after every great financial upheaval.
Finally, turning the ship around after hyperinflation hits will take 15 - 20 years. It took approximately 25 years for our last depression, it will probably take that same amount of time for us to get back on the right track after this one.
Just look at Argentina, here it is 2010 and she is still in the throes of economic chaos and it is nine years after their event took place. Look at Japan, she lost two decades due to her economic downfall. Did either of these countries fall into apocalyptic chaos? Mutant biker gangs? Zombies? Wastelands?
No and it will not happen here either.
What will help us speed up the healing of this nation will be a word that many people do not want to hear nor accept.
That word is sacrifice.
Will we be willing to take on three to four hard years of sacrifice so that we can emerge a healed nation faster?
I doubt it, but if we as a nation repent of our sins and turn back to the Lord anything is possible. But to do this we will need strong men and women to boldly preach the gospel. Godly people will need to show that man is lost but can be saved from the fires of Hell through the blood of Jesus Christ our Lord. We will need to return to being accountable to Jehovah God.
Getting through this coming economic storm just might be what the doctor ordered to return this nation to what she once used to be, a good and great nation that fears God and His Son, Jesus Christ.
But I am sorry to say that history shows another solution, at least in other nations.
What has always come out of the economic upheaval is a strong charismatic leader.
They will return (force) the nation back to a gold and silver based economy.
The good of the "people" outweighs the good of the one.
The good of the nation outweighs the good of the family.
The state becomes their god and the dictator their high priest.
This is the solution that brought about Caesar, Napoleon, and someone we all have heard of, Adolf Hitler.
All these great leaders were born out of economic upheaval.
All lead their nations to greatness quickly.
All ruled with an iron fist and they all did away with dissidents who stood against them.
Often these dissidents were good men and women who maintained a moral fortitude and in most cases that was backed up by their belief in the one true God Jehovah and His Son Jesus Christ.
It is hard to say what the future will hold. There are so many paths that we can travel down. But man in all his wisdom always seems to choose the path of least resistance instead of the path of good. At least that is what history has shown.
The US was born out of the desire for religious freedom, and that is what makes us a different nation. We have survived two other economic upheavals resulting in hyperinflation, we will survive the third. But how we come out on the other side can be anyone's guess. History shows that our last "great awakening" took place after the civil war's hyperinflation, the late 1800s.
Although many turned to the Lord in the great depression of the 1920-30s, it was not like the prior revival of the late 1800s.
In all of this, we as bible believing Christians will need to stand in this evil day or there is the chance that we will fall by the wayside. What will take place depends on what we do now. We can either prepare and build our ark for the sake of the gospel, or bury our heads in the sand and ignore the lessons of the past.
I pray that there are enough who love the Lord that will work hard to build an ark for the good of protecting and freely sharing the gospel. Because the other option will result in utter tyranny and oppression like no other.
I leave you with what God's Word says…
Ecclesiastes 1:9 (KJV) The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun.Proverbs 6:6 (KJV) Go to the ant, thou sluggard; consider her ways, and be wise:Proverbs 30:25 (KJV) The ants are a people not strong, yet they prepare their meat in the summer;Joshua 24:15 (KJV) And if it seem evil unto you to serve the LORD, choose you this day whom ye will serve; whether the gods which your fathers served that were on the other side of the flood, or the gods of the Amorites, in whose land ye dwell: but as for me and my house, we will serve the LORD.
Wednesday, September 15, 2010
By Ray Gano
Last week I wrote an article titled " USPS Now Converting US Dollars To Global SDRs." Needless to say I have been generating a lot of questions out there. The primary one is "Will there be a one world currency?"
My answer, not only is there going to be a one world currency, it is already here and in the works.
As I showed in my previous article the US Post Office is already trading in what is called SDRs, or Special Drawing Rights. SDRs are becoming the defacto Global Currency Reserve.
But this is not the final solution.
We as Students of bible prophecy know and understand that the Antichrist will create a one world currency that will envelope legal, political, religious and social aspects.
I am one that believes that things do not take place over night. Man needs time to adjust and adapt to change. Otherwise chaos ensues and "the herd" is dispersed.
Background on The Enemy
You and I know the enemy. His name is Lucifer AKA Heylel Ben-Shachar
In the Bible, the Hebraic text in Isaiah 14:2 refers to Helel Ben Shachar or Heylel Ben-Shachar (היללבן שחר). Helel Ben-Schachar is translated into English as “O shining star, son of the dawn!" The name Lucifer is a translation of Helel Ben-Shachar into Latin by St. Jerome in the fourth century. Lucifer derives from two Latin words, lux (light) and fero (to bear–to bring), meaning light-bearer, light-bringer. The Bible identifies Lucifer as Devil, Satan, serpent, dragon, dweller of hell and other names. (1)
Knowing that the enemy is driven by pride and ego, he always shows his hand in a secret way announcing his intentions.
The enemies move to shift the world from multiple currencies to that of a single global one world currency was recently announced. And like many of the announcements of the enemy, it went unnoticed by many.
Back in April of this year (2010) a paper was released by the Strategy, Policy and Review Department of the IMF (International Monetary Fund) titled “Reserve Accumulation and International Monetary Stability”
In this document the IMF recommends that the world adopts a global currency called the "Bancor." But that is not all, what is also proposed is a single global central bank be created to administer the currency.
Folks, this is not conspiracy talk, black helicopters, or little green men. The IMF, through this document is telling the world of its intentions of running the world's economy. Let me say very clearly, what the IMF wants, the IMF will eventually get.
The Bancor is coming… step by step.
About The Bancor
The following is what Wikipedia states about the Bancor.
The Bancor was a World Currency Unit of clearing that was proposed by John Maynard Keynes, as leader of the British delegation and chairman of the World Bank commission, in the negotiations that established the Bretton Woods system, but has not been implemented.There are some suggestions from the IMF of the possibility of its use in future.
It was to be initially fixed in terms of 30 commodities, of which one would be gold. It would stabilize the average prices of commodities, and with them the international medium of exchange and a store of value.
In practice, until the collapse of the Bretton Woods system in 1971, gold itself filled this role, with the U.S. dollar fixed to gold and many other currencies fixed to either the U.S. dollar or directly to gold.
There have been variations on the model of the Bancor recently, such as having a currency unit for regional trade organizations such as the North American Free Trade Agreement (NAFTA), ASEAN (Association of Southeast Asian Nations), etc. In this model the commodities that would be placed into the pool would be limited to a fixed number of the currencies of the partner nations, and this would be done on an annual basis with agreement on prerequisites for withdrawal.
Step By Step - The SDR
As I have said, I do not believe in things happening overnight. To numb the senses of the masses, steps towards the final goal need to be taken. You can move a herd of cattle to the slaughter house very easily as long as it is done slowly and methodically otherwise the cattle go every time.
The same goes for people.
We have been moving towards a single global currency for some time now and a major step in that direction was when the SDR or Special Drawing Rights was established. But it was just a step in the direction that the IMF wants the world to go.
In the IMF document “Reserve Accumulation and International Monetary Stability” the report does say that SDRs will become the "principal reserve asset" as the world moves towards a single currency.
The report states:
“As a complement to a multi-polar system, or even—more ambitiously—its logical end point, a greater role could be considered for the SDR.”
But the report also states that SDRs have some serious limitations. What is that limitation? Well currently the SDR is tied to national currencies So with SDRs being tied to national currencies, when said currencies go up, the SDR goes up. When said currencies go down, like what is taking place today, the SDR goes down.
Here is the breakdown of the "basket" of currencies that the SDR is tied too:
*U.S. Dollar (44 percent)
*Euro (34 percent)
*Yen (11 percent)
*Pound (11 percent)
As we all know the dollar is not doing too well and in fact the trust of the people is starting to wain against the dollar. This effects the value of the SDR and the IMF does not like that.
So the IMF needs to move away from the U.S. dollar as the world reserve currency and urges the adoption of a currency unit that would be truly international.
But that is not the only reason. The fact is that SDRs are a pain in the rear to use. To obtain SDRs, people need to purchase them in their own currency, then use them, then the person who received the SDRs need to convert them into their own currency.
It is this trading, converting, back and forth that really limits their usefulness according to the IMF report….
“A limitation of the SDR as discussed previously is that it is not a currency. Both the SDR and SDR-denominated instruments need to be converted eventually to a national currency for most payments or interventions in foreign exchange markets, which adds to cumbersome use in transactions. And though an SDR-based system would move away from a dominant national currency, the SDR’s value remains heavily linked to the conditions and performance of the major component countries.”
So what is the answer?
Well, as stated by the IMF report, they believe that the adoption of a true single global currency administered by a central global bank is the answer.
Enter the Bancor
In reading the IMF report the IMF thinks that it would be a great idea that the Bancor be introduced as a stable global currency throughout the entire world.
Like the adoption of the Euro, the Bancor would be accepted everywhere along with that countries own currency. People would naturally gravitate to a stronger more stable currency over that of their own currency.
I have to say that if I was offered a means to protect my assets with a stable method of exchange, AKA currency, I know that I would purchase it. I do not have faith in our dollar. The current as well as past administrations have incurred debt that is impossible to pay off. That is a fact.
Knowing this, eventually the US will default on loans. In the day of digital money that we live in the dollar will go down the tubes in a matter of hours. There will not be enough time to pull money from the bank, inflation will instantly kick in and in a matter of days there will be a national financial emergency. The president will declare a bank holiday and close all the banking institutions. Chaos will erupt and millions of middle class people will see their life savings wiped out.
That is unless people have thought ahead and maintained their wealth in a solid method of exchange (currency) or better yet a method of wealth (gold, silver, tangible assets)
But I am digressing here.
The IMF thinks it would be a solution to the world's problem if one single currency would be put in place. The IMF report clearly calls out the need for the Bancor to ride along side of nation's currencies.
“One option is for Bancor to be adopted by fiat as a common currency (like the euro was), an approach that would result immediately in widespread use and eliminate exchange rate volatility among adopters (comparable, for instance, to Cooper 1984, 2006 and the Economist, 1988). A somewhat less ambitious (and more realistic) option would be for Bancor to circulate alongside national currencies, though it would need to be adopted by fiat by at least some (not necessarily systemic) countries in order for an exchange market to develop.”
AND what will naturally be needed is a global central bank to administer this new one world currency. This central bank is something like the current Federal Reserve today. But what is very troublesome is that it will be completely outside the control of any particular national government….
“A global currency, Bancor, issued by a global central bank (see Supplement 1, section V) would be designed as a stable store of value that is not tied exclusively to the conditions of any particular economy. As trade and finance continue to grow rapidly and global integration increases, the importance of this broader perspective is expected to continue growing.”
In fact, the IMF report makes no bones about it and compares this coming global central bank to the Federal Reserve….
“The global central bank could serve as a lender of last resort, providing needed systemic liquidity in the event of adverse shocks and more automatically than at present. Such liquidity was provided in the most recent crisis mainly by the U.S. Federal Reserve, which however may not always provide such liquidity.”
Folks, just in case you do not know this; the Federal Reserve has nothing to do with the federal government. It is a privately held company whose stock you can purchase from the stock exchange. It is run by a cartel of elite bankers, financiers, businessmen and they are the real power behind the curtain.
In creating a central global bank like the one being proposed, it enables the power of the world to be easily wielded by one single person, the head of that central bank. The likes of an Allen Greenspan or Ben Bernenke would head this bank up.
As I have said, what the IMF wants, the IMF gets. Knowing this, we will eventually have the Bancor and a central global bank running the show. Power will be given to a group of people headed by a single man.
Now do you see how easy it would be to control the masses by one single man?
Revelation 13:16-18 KJV And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
Slowly the stage is being set. The enemy in all his pride and egotism is laughing at man and his ignorance as he makes his plans right before our eyes and no one seems to even be paying attention.
That ol' worm Heylel Ben-Shachar is playing his game and man is falling for it. Eventually he will demand that man take a mark to identify himself as one of his. Those who do not will lose their head as a martyr of our Lord Jesus Christ.
But for that to take place, there are still some steps that need to be established. We who are here now will face some if not all of this setting of the stage. While we are here we need to be ready always to preach the word, share the gospel and occupy till HE returns.
The time is now to prepare and be ready, not run off to some corner and hide. We have a responsibility to our Lord, it is our reasonable service.
One Final Note
There is today a system already in place. In fact this system envelopes all legal, political, religious and social aspects. It is the system that is spreading like a cancer and it is the Antichrist will use to rise to power. As I stated, the game that our pride filled egotistical enemy likes to play is hiding things right before our eyes. It really is the best place to hide something. This legal, political, religious, and social system many do not want to acknowledge and in fact many are already welcoming and defending its right to be spread; is Islam and it is right before our eyes. In its system is everything that scripture describes that the Antichrist will use to come to power.
It is here now and within 20 years it will have established a global government dedicated to its god Allah.
Who by the way is also known as Heylel Ben-Shachar - which literally translated from God's word means Crescent Moon - Morning Star.
Download and read “Reserve Accumulation and International Monetary Stability” at http://www.imf.org/external/np/pp/eng/2010/041310.pdf
3 -http://ftalphaville.ft.com/blog/2010/08/04/306346/imf-blueprint-for-a-global-currency-yes-really/5- http://www.economist.com/finance/displaystory.cfm?story_id=13382167&CFID=48661507&CFTOKEN=95325844