Global Financial Events, Collapse & Gold

By James Harkin 

I think that there is no doubt that September and October will herald a global event that will have a lasting effect for years to come. Prophecy, numerology, history, astrological alignments and occult events all have proven themselves to predict future crises and point to a series of events in the autumn of 2015. If what Pastor Williams’ and many researchers and analysts have been saying is true we are about to witness something potentially catastrophic.

Around the world events are happening including:

• Alternative SWIFT payments system in China and in Russia bypassing the US dollar. This shows the world that the US dollar is replaceable as a reserve currency.
• Britain, France, Germany, Italy and over thirty other nations have joined the Chinese-led AIIB development bank as founders (against the wishes of the US).
• Austria’s Hypo bank went bust (in 1929 an Austrian bank Creditanstalt went bust leading to the great depression).
• 0% interest rates always cause deflation (except to things people actually buy, like food).
• With 0% interest rates the wealth/income gap increases, dollar increases in value (bubble), social unrest flares up.
• The surging dollar is a signal that a colossal financial event is just around the corner. The biggest quarterly gains since 1992. The dollar gains against other currencies pretty much only happen during periods of extreme geopolitical distress.
• G20 declared money deposited in banks assets of the bank.
• Banks can no longer be declared bankrupt. The banks can be refinanced by bail-ins using depositors’ money or be bought out.
• Congress passed a spending bill that makes the American taxpayer responsible for any derivative losses that a bank may suffer.
• The US Treasury has ordered survival kits for employees of the federal banking system.
• GDP figures in the UK slowed in the last quarter of 2014 to a rate not seen since the immediate aftermath of the financial crisis in 2009.
• The Bank of England have announced out another “stress test” on the UK’s biggest banks.
• The average rate of interest on easy-access Individual Savings Account’s in the UK have plunged to a record low of 1.02 per cent.
• The Euro is at a 12 year low.
• The ECB has initiated a 1.2 Trillion Euro quantitative easing program that will see banks offload bad debts to the central bank.
• 50% of Greeks want out of the Eurozone. Syriza has gone against the wishes of the electorate. Germany knows if Greece leave there will be serious repercussions for the Eurozone. Italy, Spain, Portugal, France and Ireland are also not in good shape. If the Troika (European Commission, ECB and IMF) fails to stop Greek exit from the Eurozone, Greece could dishonour 320 Billion Euros of debt forced upon them.
• Capital controls in France. French citizens may not withdraw more than 1,000 euros in cash in one transaction and 10,000 euros in cash per month without being questioned like a crimintal.
• Japanese economy at 250% debt to GDP.
• China also has problems with its debt rising from $2 Trillion in 2000 to $28 Trillion today. During the crisis of 2008 its debt was $7 Trillion. In seven years rising $21 Trillion.
• The stock market is being manipulated by corporations buying back their own stock to distort P/E ratios. Being able to borrow at 0% interest allows them to buy back the stock and since there’s less stock available on the market the earnings look better divided by less stock.
• The Baltic Dry Index is at an all-time low. The BDI is an assessment of the price of moving the major raw materials by sea. Basically telling people the state of the global economy. Falling from 3929.00 in May 2010 to 596.00 in March 2014.
• On the spring equinox on 20^th March 2015 we witnessed a full moon eclipse. On this day in London the historical ‘London Gold Fix’ changed to the ‘LBMA Gold Price’. This is significant because the ‘London Gold Fix’ has been constant since 1919. Additionally the FTSE 100 broke 7,000 points for the first time since the dotcom bubble 15 years ago.
• Gold is within 10% of an all-time high against the Euro, Japanese yen and double against the Russian rouble.
• Rise of interest rates are being threatened by the Fed for June 2015.
• 2015 marks the 7 year anniversary of the financial crisis of 2008. Seven years previously was 2001 was a year of recession for the US economy and of big trouble for stocks as well as 9/11 and the burst of the dotcom bubble. Seven years previously was the 1994 was the bond market massacre. Seven years prior to that was the Wall Street crash of 1987. Seven years previous to that was the S&L crisis and “stagflation”. Seven years prior to this was the Arab oil embargo.
• On September 23^rd 2015 Pope Francis will first visit the White House. On September 24^th 2015 Pope Francis will address Congress (the first time a pontiff has ever addressed congress). On September 25^th 2015 Pope Francis will also address the U.N. General Assembly in New York, which is also the first day of the United Nations Summit to adopt the post-2015 development agenda.

The governments around the world are preparing for the New World Order. There is no recovery. The derivatives bubble will collapse and it may not be because of interest rate increases. It maybe because bond investors realise the bond issuers cannot repay the bonds with real money. As bondholders liquidate their assets the markets will panic and the derivatives bubble will implode.

If you have not taken the advice of Pastor Williams I recommend that you do so immediately. The only lifeboat in a sinking ship is gold. In the Cyprus crisis those that hedged their investments with gold survived. In Greece there are many who fear Grexit, they are turning to gold. During periods of monetary uncertainty people will always think gold is a useful addition to their portfolios.

I have heard many people are selling their gold holdings because the price has fallen. Personally I think this is a big mistake. As the price hovers just above its approximate cost price it is a great opportunity to hedge your paper investments. As you should be aware the gold price is manipulated to be low by central banks and the large investment banks because there are over 50 paper gold contracts to one physical gold contract. Some have said it is closer to 100 paper contracts to one physical contract. This manipulation may end this year when the market sees that there is no physical gold for the paper long contracts. When this happens investment banks will have to settle in cash at a considerable loss. The paper is worthless. The physical is valuable and will always be desired as a store of wealth.

Speaking of price manipulation, in 2014 Barclays Bank was fined £26 million for systems and controls failures, and a conflict of interest in relation to the gold fixing over the nine years to 2013, and for manipulation of the gold price on 28^thJune 2012 to prevent a derivative product previously sold to a client from leading to a payout.

I have always stated that gold costs approximately $1,100 to extract and refine and gold has not fallen beyond those levels. If they do, we will see mines close or start to store precious metals until the price rises. We’ve seen it recently with several silver mines start to withhold metal until the price rises. If there is a lack of new physical gold coming to market it is likely the price will rise because of the high demand from buyers around the world, especially in the east. Chinese buyers always take delivery. It is unlikely the price will fall so low as production slows. The Elite have always said Gold and Silver are their currency. Hypothetically, if markets drop considerably and there is little supply of gold available, what are you going to do? Pay $5,000, $10,000, $20,000 an ounce? Doesn’t it make sense to buy when the price is suppressed and demand isn’t based on panic buying?

Pastor Williams has been telling you for many years to get out of paper and to buy gold. Every fiat currency has always ended in disaster. It has been said by many financial researchers that 2015 may see a breakdown of the paper currencies and a revaluation that will see gold return to the top currency. Everyone always goes back to physical gold. I think it is the only thing that will save your retirement funds. You cannot rely on third parties to look out for your interests especially when the whole role of stock brokers is to churn investors-money to generate commissions.

If what Pastor Williams has said is correct and prophecy, numerology, history, astrological alignments and occult events are all pointing to the latter half of this year, then you have six months to prepare