Must Watch: The U.S. Dollar Collapse Is Accelerating. By Gregory Mannarino
Greg starts off by saying we are approaching a time that we have all been talking about for a while now.The acceleration of the dollar collapse.The federal reserve has released a statement that money is being withdrawn from US banks at a rate that has not been seen since the 911 terrorist attacks.The dollar is in a terminal phase ,it’s on life support, it cannot recover.Greg thinks the federal reserve is trying to kill the dollar as a way to get out of debt.It’s going to cause incredible suffering,anyone left holding dollars will be doomed.Inverstors are dumping the dollar.Banks are only required to have 10% of your money that you deposited on hand, the rest is lent out.It’s called fractional reserve banking,it’s a scam .Banks fear bank runs, if everyone went at once to get their money out, it’s not there, you cannot get it all.The dollar collapse is happening now right before your eyes.
Today there was an article that the HSBC is buying massive amounts of silver bars,hmm I wonder why.It looks like there could be one last dip in gold and silver before it rockets up in price ,you might want to get in on this opportunity.Barracuda.
Published on Jan 25, 2013
*Link to article on dollar: http://rt.com/business/news/us-major-deposit-withdrawal-740/
*Link to interview with Fabian4Liberty: http://www.youtube.com/watch?v=wN_ijN8UUTs
*Support this blog: https://www.wepay.com/donations/marketreport-support
*My publcations website: http://www.lulu.com/spotlight/thegameisrigged
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Whistler Blowers, Insiders
Marino is a little guy who is oblivious purposefully or out of ignorance to the fact that so long as major nations continue to accept USD for good and services so his call that the USD is in terminal phase because of bank withdrawals is silly.
What to watch for is what China does with his power to now own US banks in whole or in part, thanks to the Federal Reserve which invited China in and the US Justice Dept that gave approval for China to have such ownership.
The Federal Reserve is a corrupt institution by its very nature of existence and with their backs against the wall, FR has invited its corrupt counterparts in China to own US banks and it can’t be for any good purpose.
Amazing the evil when the US military is geared up to take on China and here China can own US banks in whole or in part.
You are correct on that one, and also the reserve requirement is 20%, not 10%, and that is a federal requirement that has been around for years. And don’t forget the China ownership of real-estate that increased over the last few years. Can I own property in China? Hell No!!
no matter your views on how america will change,and change big time it will,one thing is for sure you cant eat or protect yourself with gold and silver.
my personal views are to dump the dollar and buy things that will ensure you and your family will survive and thrive. if you ask what would that be how about land and firearms and anything else that will not devalue and also make your life more worth living.gardening self defense water filtration plumbing and mechanic and carpentry skills would be nice things to learn and no one can take away.
Should I take out the money in my IRA?
Depends.
If you believe that tax rates will be lower in the future, that the government will not change the laws, that the full amount will be returned to you and that when it is returned, it is worth something, then, by all means, keep your IRA.
Good luck
It is the global money mafia that rule the world. The nations are just pawns in their pursuit of the global assets which mean power and control. They are now losing control, and it is coming down to every nation for itself as the global ship goes down. Like the Titanic, looked upon as unsinkable, a marvel of its age, a scientific, engineering wonder of its time struck down by the very thing it depended upon, water. The life blood of this system is its MONETARY SYSTEM, it is not only its lifeblood but also its GOD.
How could the Titanic keep an ocean at bay, neither can this greedy holed system built on paper keep an ocean of human fury from flooding over like a tsunami upon all that is this global CORRUPT ESTABLISHMENT.
Yes it’s the human fury that they are afraid of. That’s why they are trying to disarm everyone. When hyper-inflation hits this country (and it will) there will be violence like you never dreamed of. Hungry people are dangerous people.
This is the Covens of Azazel, the Papal, Royal and Federals….They are using Covet Means to extract the Nations. Usually, next, they inflate the prices of commodities, goods, and necessary to life services. That was what the ‘QE’ Queen of Englands exec. orders were for. Then they will state reasons why they can not accept ‘credit cards’ etc, and will demand cash only and this is to strip the last of the cash reserves left, from within the population. Their intent is to collapse the dollar and move us to their agreed upon ‘new’ currency the Yen. The Chinese Covens were selected to be the next to pass the game on too. They used to do this to place people deliberately in ‘default’ and then the covens were able to use force of law to seize properties they covet. This is how the Papal is able to claim it “OWN’s all Land by Conquest” (NWO=OWN)
They are so “Blindly Ambitious” for this, they fail to notice what other maneuvers those above (QE) them are doing. The gun control, UN, and all of their maneuvers are to keep you busy…while they make their escape. They just don’t want you shooting them as they rape and pillage their way out to the exit door!
Thats ok, we have the last laugh. When it collapses this time, not a single human will go back to the money system once they see how free they have become without it.
We didn’t use ‘barter’ systems as they are taught today, that is another lie.
What you must be prepared to do, is ‘extend credit and good will’ to your neighbors and at businesses, and then they in turn will extend you the same credit and good will.
They will no longer be able to control the industries as they have, these will be returned to the nations peoples to run. So all that science of improvement that they hid, so that they could poison and rape the society will no longer be theirs to control. We will no longer be forced to buy poisons, as these will be finally removed by resurgence of free market competition for GOOD products. I see a win win situation for humanity, just around the corner!