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Note that this is coming from a site that pushes for gold, however, THIS IS QUITE ALARMING. IF TRUE, WE NEED TO FINISH PREPARATION FOR SAFETY......ASAP! Breaking Jim Willie on September/October The following is an excerpt from the third part of the August edition of the Hat Trick Letter, copyright by Jim Willie CB. <http://www.goldenjackass.com> www.goldenjackass.com These are several snips I have made, so flow and punctuation may not be perfect: Early snips The US bankers have put together a nasty cocktail. They expect to force foreign creditors to drink it, but those who developed on Wall Street and the US government ministries will have to drink it themselves." - Petr from Germany (a banker und subscriber). A deflation cocktail backfire is in the works. The preoccupation with falling prices of products and assets has distracted attention from the colossal monetary inflation and credit creation in USTreasury debt. A declining money velocity again ignores the bank sector. Prepare for price inflation. John williams provides a theory on the path to hyper-inflation from falling demand for money. A pictorial sequence tells the story sure to lead to powerful political pressures. The call to produce price inflation will become a loud scream soon. Pressure is relentless to turn on the inflation spigot full blast. The process is well along without much further push. Apparent stability precedes hyper-inflation, as floodgates are gradually opened over time, actively or passively. ◄$$$ MARTIN ARMSTRONG IS A FINANCIAL MARKET ANALYST, JAILED FOR KNOWING TOO MUCH ABOUT INNER WORKING WALL STREET CORRUPTION. HE IS PRESCIENT, AND GIVES FURTHER WARNINGS. $$$ The latest analysis by Martin Armstrong has found its way from his prison bars. He cannot be totally silenced. He warns in an August 7th release entitled "Cycles & Pattern Projections" of a consolidation stage soon to end that lifts the gold price to triple its current level, first from a global monetary crisis, then a follow through due to the arrival of price inflation. Armstrong wrote, "Gold continues to consolidate below $1000. This is a critical sign that confidence is swinging away from the government. Just as China is concerned for the dollar, they speak the truth, unlike the BS from Washington. They are speaking from self-interest and so is Washington. China is concerned about its holding in dollars and has been reducing the maturity of their holdings. The Washington crowd has been speaking out of their self-interest insofar as they do not want to face reality. They keep telling everyone 'don't worry-be happy.' It appears that gold is building a base from which a rally up to $2500 to $3000 area is very likely. There is even a possible rise to the $5000 level, but that is the most extreme projection. This is suggesting that confidence in the dollar is declining. This is not the classic inflation nonsense, but a collapse in currency value consequence." See the Scribd article (CLICK HERE). A CLIMAX OF EVENTS IS IN PROGRESS, AS SIGNALS MOUNT, AND CLIMAX SEEMS NIGH. $$$ A close friend of a close friend has numerous connected contacts within the power structure. He passed along a note that caught my attention, when not many personal notes do so. It follows with his descriptions, and only minor edits. His points will be summarized without quote, with much gratitude for his shared message. Several key events are lined up simultaneously, enough to warrant greater perceived likelihood of at least a declaration of state of emergency in the United States. It could result easily in martial law. He pointed out astutely that the Chinese stock market is under pressure, so the Chinese might have political cover (an excuse) to call some money home and withhold on some credit supply to the hapless flailing out of control Americans. They might deliver a 'Ripple Effect' passively or a 'Direct Message' more actively, as they call money home, or as he says remove chips from the tables. He cited the 'Investment Banker' scuffle taking place in Europe with Porsche/VW, but that seems minor. The endless skirmishes between the crude oil hedge versus the beleaguered USDollar speaks volumes when clearly demand has fallen and supply has risen. The smart money is hedging against the US$ clearly. The effects of both the criminally administered TARP Funds and the mindlessly vacant Stimulus Plan have run their course, unable to give any further assist to the USDollar. His USMilitary intell contacts have suddenly turned silent at a time when the Pentagon has let it be known of a need for 400 thousand troops to keep the peace inside the United States. Rumors fly that the Pentagon want all 'ready by the end of August' without anything to refute. In the USMilitary command for Afghanistan, a major change has begun. And in Iraq, an Army General has said 'all significant troops out by the end of August and back home in America.' Rumors also report how another False Flag Attack is en route, in the planning stage. This attack is mentioned by a certain source as aimed for WashingtonDC on October 19th. A sage contact who forewarned of the September 2008 sequence of failures and crisis almost one year ago sent a message of update this weekend. He said, "We are in the middle of the breakdown. Just watch the US budget disaster that is killing all and everything. Things are coming apart at the seams since the entire global banking system is breaking down. Trade is breaking down as well due to banks being in shock freeze. This shock freeze will not go away, it will destroy the system. Different systems will soon spring up to facilitate trade. We shall see the tail end of the financial economic political hurricane touch down sometime at end of August and early September with an never ending downward spiral that will destroy assets on a grand scale. I still expect the breakdown to be in the time frame we have been discussing. The pump and dump market manipulations by the BOYZ are fascinating to witness. Its like watching a head kill shot in slow motion. Only real hard assets will survive, Gold, Silver and a basket of essential commodities grouped around this precious metal core." Notice the anticipated timeframe, an anniversary of the crisis last year. My response to him was brief and simple, but to the point. "I notice tectonic shifts in the currencies in the last two weeks. The USDollaris stuck in a tight range, soon to exit in unstable fashion. The British Pound Sterling moves up and down with much volatility. More US banks are falling. Big ones like Colonial and Guaranty just died. Soon much bigger ones will fail. The types of credit losses are soon to broaden into Commercial and Prime Option ARM mortgages. Banks are still in a nightmarish situation, unprepared, while clown leaders proclaim an end to the storm." HUGE SCARY FOREX DISCOUNT IS BEING USED RIGHT NOW BY MARKET INTERMEDIARIES FOR CASH CURRENCY TRANSACTIONS. THIS IS A CLEAR LOUD PREVIEW OF FUTURE US$ AND BRITISH POUND STERLING DEVALUATION. THE DISCOUNTS PROBABLY OCCUR ON GRAND ACQUISITIONS, SPENDING US & UK DEBT, IN CONVERSION TO HARD ASSETS. $$$ Last week, my email INBOX was abuzz. A query came from me to a reliable regular banker contact with connections to Europe, Asia, and the Persian Gulf. My query specifically commented on the frenetic British Pound Sterling, which has risen or fallen by almost 200 basis points on a several days in the last week or more. It shows great instability, my point, likely a prelude such as any initial tremors before a big earthquake. What came back was a shock, as news of actual liquidation activity have come his way. ***He wrote, "Really substantial transactions in buying USDollar are done at a 38% discount, and British Pound Sterling are done at a 42% discount. The big off market transaction guys are already factoring in the coming devaluation. Hundreds of billions are involved, including outright cash transactions where those discounts are being applied." ***WOW!! He had mentioned just days before in another exchange that a big event comes on the near horizon having to do with angry USGovt creditors. They have run out of patience. They feel the USGovt pays no heed to their concerns, in displayed arrogance. The global banker said a coordinated group of foreign creditors are planning to sell several hundred billion in USTreasurys in the months of September and October. If executed, then a US bank holiday is assured, and a significant devaluation of the USDollar comes. We might even see the first hint of a temporary USTreasury default. In the same line of exchanged communications, that also involved a couple other fellows who are respected, questions came as to when this charade would end. The US$ had bounced yet again on vaporous news and heavy interventions. My comment was simple: GOLD WILL RISE AND THE USDOLLAR WILL FALL, IN A POWERFUL WAY, WHEN CHINA DICTATES IT, WHEN CHINA IS READY, WHEN CHINA DECIDES IT. My connected banker contact agreed totally. Furthermore, Chinese agency organizations have been gathering considerable information from the Gold Anti-Trust Action committee, probably to make the case that the USDollar is not legitimate even on US Constitutional terms. When they slam the US$, they will likely make the case for an illegitimate USDollar operating as the currency by a financial sector ripe with corruption and fraud. AN IMPORTANT BARTER SYSTEM PLATFORM IS SOON TO BECOME A REALITY. IT BYPASSES THE US$-BASED SETTLEMENT SYSTEM, ELIMINATES THE BANKERS, MATCHES BUYER & SELLER EFFICIENTLY, AND GREATLY REDUCES THE POTENTIAL FOR FRAUD. FEEDBACK IS ENCOURAGING ALREADY. $$$ The following information comes from a person closely involved in development of the barter exchange itself. The Jackass is grateful for the source of important information. Welcome the XXX-XX Excess Capacity Barter/Counter Trade & Commodity Exchange, whose formal name is withheld. That is a mouthful, and its punch matches its lengthy name. The XXX-XX is to be a global non-monetary marketplace with independent settlement outside the currency world, and therefore beyond the reach of the bank nazis. As a preface, catch some feedback after the posted July reports that introduced more detail on the barter exchange concept coming to fruition, certain to undermine the USDollar at the grassroots level. A disruption to the current global trade system is vividly clear. The note came in the days after the reports were posted, from one fretful player. It read, "Jim, subscribers to your July Hat Trick Letter are part of very powerful groups in the US and elsewhere. They agree with your assessments and you scared the **** out of them with the mentioning of the barter platform and the new alignment. Especially Americans are already facing the problem of being shunned in their international business transactions and are eager to find a way 'to earn their way back in' as junior participants. This is an interesting, but not unexpected, development." The XXX-XX will be launched in Europe this autumn, and will contain a minimal monetary component. Its structure will contain a 10% monetary foundation. The system will permit producers and buyers to be matched up, where both are vetted and approved. Excess capacity can be converted to working capital by reciprocal trade, by means of efficient standardized systems that reduce operating costs and utilization of capacity as proxy for cash. The supply network is not connected to the established grid. Participation is open for now, but later it will be restricted. Prices are negotiated, with settlement and clearing conducted on the platform. Many very knowledgeable and experienced people are designing, planning, and building the exchange, which contain complicated support systems. Producers are paid upon delivery in source currency to source procurement. Participants to the exchange will encourage their business partners to join the platform, either by relationship trust or by efficiency motive. Super secure servers will control the transactions expected to be in the tens of billion$ by the end of the first year. The initial XXX-XX platform equity is €1 billion, or more precisely an equivalent one billion euros in GOLD. The liquid unit of exchange is to be called the Non-Monetary Unit (NMU). The transactions will be conducted on a private internet-based exchange with trades completed on the exchange Clearinghouse. The NMU serves as credits for each party among members of the exchange. The Clearinghouse controls governance and risk management of the NMU, and provides collective backing of the NMU to ensure its liquidity. The NMU is a trading unit vehicle for exclusive usage to transfer value from products or services among members. The NMU is a standard unit of exchange, a non-sovereign private trading unit, with no fixed external value. The exchange will offer members consulting services to develop trade strategies. Members will be in a position to exploit under-utilized and available capacity, goods, services, and commodities that might otherwise perish or go unsold. *** exposing the hidden truth for further educational research only *** CAVEAT LECTOR *** In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. NOTE: Some links may require cut and paste into your Internet Browser. Please check <http://tinyurl.com/33c9yr> http://tinyurl.com/33c9yr for more real news posts and support the truth! (sorry but don't have time to email all posts) free book download: <http://www.lulu.com/content/165077> http://www.lulu.com/content/165077 *** Revealing the hidden Truth For Educational & Further Research Purposes only. *** NOTICE: Due to Presidential Executive Orders, the National Security Agency (NSA) may have read emails without warning, warrant, or notice. They may do this without any judicial or legislative oversight. You have no recourse, nor protection.......... IF anyone other than the addressee of this e-mail is reading it, you are in violation of the 1st & 4th Amendments to the Constitution of the United States. Patriot Act 5 & H.R. 1955 Disclaimer Notice: This post & all my past & future posts represent parody & satire & are all intended for entertainment and amusement only. 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