The SHTF Turning Point Quietly Happened, Last Week – Have you been Paying Attention?

So then, I hope most of you have done SOMETHING to prepare for whatever is on the way, I personally have done what was needed to assure my security It will really suck for those that do nothing or wait and see.I don't see our country turning 3rd world, but it could change greatly.Think about this though.. what good will money do you if it looses complete value, then what will you buy food with...I know it sound absurd hey..

reply to post by venividivici

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That is exactly what is being thrown out there as a possibility - even the WSJ - between the lines - felt something wasn't quite right about it all.

Why did they go into information about how the govt. doesn't release the info on purchasers for a long time after?

Check this from the ticker today. THIS is scary stuff.
Is The FDIC Broke And Covering It Up?

This is a bombshell. I've been saying for a year now that we need to watch the bond market because it is being set up for a major collapse. And it is happening right now.

And now the FDIC is playing the cover-up game as well. Just what the hell did we spend 13.7 trillion dollars on?

When we audit the fed, and the trash bag is empty, we're screwed. We're screwed if we don't audit the fed, only the secrecy will buy a few extra months, maybe a year. But the result will just be that much worse. September is, indeed, looking like another disastrous month.

[edit on 2-8-2009 by projectvxn]

Very interesting Video - seems China is encouraging their people to purchase silver for investments!!!

Wow - imagine what that could do to the prices - if they listen!

YouTube Link

reply to post by projectvxn

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Why hasn't this type of info made it to MSN? maybe cause it is not real?

reply to post by venividivici

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It will not be the first time, they had bought the debt before or just part of it, they did it this year already. The treasury just print the money and that makes the dollar worthless.



[edit on 2-8-2009 by marg6043]

Great thread QA

This is all new to the HG as i have been away.

I think the bankersters have been manipulating the worldwide and national markets and most all foriegn markets have had enough.

SHTF no doubt

Many many people WILL wake up only to find out it's late

this could mean, milk 6 dollars a gallon. higher priced everything. while more jobs will fall and go overseas. which means more loss jobs and the stocks plummit, more banks sell out or collapse. AMERICA the jobless. maybe this is why america is getting no more bullets. they do not want a riot when the sh# hits the fan. the greedy p.i.g. persons in greed will leave us in the USA. and go abroad. i say all you p.i.g. lock your doors, check your alarms and call the police for every bump in the night. so all you peoples can put in check your local p.i.g. and do what must be done to do so. this aug. and sept. will be the beginning of another fall in the markets. the financialists know this and have been saying so. maybe this auction is a last hope to save the markets and USA.

I stopped reading when I read this line, the Fed does NOT auction Treasuries, the Treasury auctions Treasuries. Anyone who doesn't know the process probably doesn't know how the rest is going to play out. Not being rude, just telling the truth.

reply to post by questioningall

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maybe isreal will buy our debt in exchange for to take iran out of the picture. who will get oil rights? where will we put our new military base over there. we will liberate the wimen over there and take off the vail. i don't doubt it at all that isreal could make such a deal. USA would probably take a deal like that too and call it something else and say something else. 24 trillion isreal, for the deed.

Well, I have my doubts as to what cashing out my 401k will do for me if the dollar isn't any good. If I buy anything I have to guard in my home, what security is that with martial law? Seems like a no win scenario to me.

This reminds me of last year. Fall is when the leaves and stock market go down? May as well burn your dollars with the leaves then eh

My only hope I guess would be that those who don't pull their money out of the banks will receive credits in the new system. I suppose that might stop some from running on the banks.

[edit on 2-8-2009 by aleon1018]

Reply to post by pudgeego

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Considering we pump billions into Israel every year to fund their gov i doubt they would have nearly enough money to buy up even a moderate portion of our t-bills.

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Posted Via ATS Mobile: m.abovetopsecret.com

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We are just moving toward one world currency. But first everything has to be a little more even. The Euro took care of consolidating their currency, not it's the rest of the G8 and other nations that have to catch up.
Devaluing the dollar against China pays our debt faster. Wheeling and dealing.

Your right and its pissing china off thats why they want to tie the US dollar to inflation.Devaluation of the dollar means china gets paid off quickly and and has a side effect of lowering the gdp.

I dont see how this is news, or even new, we have been discussing the disastrous position of the US treasuries for literally months, upon months.....?!

Anyway - what you need to be considering is so what - the recent trade talks between China and the US were left with little resolved - the Chinese currency has ALREADY been acknowledged globally by JP Morgan, HSBC and a plethora of others as the new currency - already happened - it will be there within 5 years.

China will over take japan as the worlds second largest economy this year, will overtake the US as worlds largest manufacturer this year -

business.timesonline.co.uk...

All facts - so what is going to happen ?

The US, the UK and China are all preparing themslevses NOT from a transition of National power - this is the ruse - it is a transition for NATIONALISM all together to a global corporate rule - the middle classes of powerful nations are being downgraded to a global lower class while a thin veneer of powerful rich corporates ALREADY operates without national internvention.

JP Morgan and Bank of AMerica are already setting up shop in China - the game was over two years ago - it stuns me that I even read threads like this....

What is more significant is the new BOMB America has ready for Iran to be dropped in the new year - oil will go through the roof providing the RED FLAG you also love to talk about

www.reuters.com...

The oil price spike will drive the world into a second massive depression and allow the final take over of non government organisations, removal of all trade barriers, and implementation of global currency to ensure stability - is going to happen GUARANTEED.

reply to post by kinda kurious

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Perhaps you should go back and re-read that thread. The prediction concerning the stock market falling and the solar eclipse was that it would occur before the next new moon, which would be around Aug 20.

Not saying, just saying.

reply to post by questioningall

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I both agree and disagree with you. Yes, we're effed. But so is everyone. That's the plan. They created a symbiotic relationship under our noses so that everyone is so intrinsically linked that they only "answer" is global currency. If we fall then the world falls and the world can't fall, so...one one world currency folks! That's the argument for it. That way they can appear to be unhappy and call it a last resort blah blah blah.

This was planned.

reply to post by questioningall

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I'm not even going to pretend to understand all of this, but if my mental capacity isn't too far off, we're looking at a MASSIVE devaluation of the almighty dollar. Right?

I mean, forget gold, buy silver and ammo?

Food?

-sigh-
Would someone please post some fluffy bunnies or something happy? I mean, christ! What in the hell are we doing here?

It hasn't made it to the MSM because it IS real. Perhaps you should acquaint yourself with how the FDIC and Banks are hiding their losses. Some of us here have been on this for years now. Either play catch up and learn something, or don't, either way your assumptions lack education. Not only that the Market Ticker and Karl Denninger(The Ticker Guy) is considered by many in the field as accurate and honest information.

[edit on 2-8-2009 by projectvxn]

Good post, everyone should be following the bond sales results carefully -in my opinion they are absolutely the most likely thing to be the trigger to the inevitable collapse.

I highly recommend anyone who wants to understand better what is really going on with the economy to read Karl Denninger's Blog

There is a clear reason we are in the position we are in economically now - excess debt. No matter how it is spun until this excess debt is removed the recession will not be over.

check out this chart - this is the root of the problem




As you can see historically we have run at around 150% debt to gdp - we are now north of 350% - the only other time we have been over 300% was the great depression.

Non governmental debt is about 2.5 trillion and since the recession began only 50 billion has been removed by default or by being paid off. This is less than 3%, we have a very long way to go still.