Posts Tagged ‘Financial crisis’

You will see protest after protest in many major cities. More is yet to come and all of them will not be as peaceful, unfortunately.

The global economy is on the edge of a cliff – deflation in some markets, high inflation in others – as our government nears default on its debt and the Federal Reserve continues to spew currency, things are going to get much worse.

The tragedy is that most people do not understand why or what is at the heart of the problem. You will see many protests and at first, they will appear disjointed. At first, it will seem like the events are dealing with totally different issues. Those people protesting outside of a Muslim fundraising event for battered women’s shelters, the Wisconsin workers upset over the attack on unions and pensions, the people rising up and taking over their governments in Egypt, Libya, Yemen, etc, the protests in Greece, etc.

All seem to have a slightly different angle, but the root is the corrupt monetary system.

These protests are going after single issues, not the broader based foundation. In some cases they’re protesting against scapegoats (Latin immigrants, Muslims, etc) and in others they’re protesting some of their benefits that have been revoked. And in countries abroad, the main issue has been food prices as the initial spark.

These things aren’t separate, though. Every protest you see, ask yourself, “How is this related to the last few I heard about? What’s the link?”

And if you happen to be going to a protest or just want to get the word out there, check out the financial crisis humor store at NotSoFunnyMoney.com.

Step 1 Government to take money from pension funds – Check

Step 2 Higher taxes on 401K & IRAs disbursements

Step 3 Force people buy treasury bonds (government debt) with their 401Ks & IRAs

Along the way the news will be dotted with distractions… real & made up.

Make sure you check out the details of the pension raid and how to protect your wealth at GoldSilver.com.

I have been asked questions like these a lot lately: “I understand the importance of owning some gold and/or silver. But where do I get them? How do I invest in gold and silver? What about these stock ticker thingies, the ETFs that say they trade gold and silver?”

Well, it would not be appropriate for me to give you financial advice. Your situation is unique and I am not a financial planner, an attorney, or any other kind of financial expert. But what I can do is give you a list of sources I trust. Here it goes:

• Gold Money – overseas vault storage and allows you to withdraw in other currencies
• APMEX Gold and Silver
• Golden Eagle Coins – or any local coin collector, really
• Gold Silver – a good source of info and you can buy precious metals (but it’s a tad pricier)
• Personally, I would touch ETFs with a 10 foot pole.

I don’t know… I’m just asking the question.

All of the news, all of the activity, and all of the emotion is being portrayed as a people-against-a-tyrant kind of movement. But I don’t buy it. (It may be true for individual participants, but the news media, in my opinion, is being very irresponsible with such a portrayal.)

Keep in mind though, I am sitting here in the US, completely removed from what’s happening on the ground in Egypt. In fact, I’ve never even been to Egypt, so please take my thoughts with a grain of salt.

But let me say this… Sometimes it is easier to see things as they are from afar.

We (the world) are in the middle (perhaps only the beginning) of a global financial crisis. The global financial system is backed by the US dollar, which is backed only by debt and is on the verge of collapse. To keep up, governments are printing currency like there’s no tomorrow. As a consequence, food prices are soaring. Unemployment (no matter how many times talking heads and governments redefine it) is skyrocketing. And people are rising up in protest… however, not necessarily with knowledge of the real problems… There are definitely scapegoats (Mubarak and others… and some are deserved, for sure), but the issue is a financial one.

Do you really think what happened in Tunisia, Yemen, and Egypt is an Arab thing? Do you really think it’s a Muslim thing?

No… this is a global thing. It’s a human thing. It’s a trend.

Now, if you’re on the ground in Egypt or Tunisia, sure, your concerns are yourself, your family, your country, and how bad will this really get? But if you’re not in the thick of it and you do not float from one TV show or news item to the next without context, you will start to see a trend.

Remember Greece last year? How about France? Those protests looked the same – tear gas, gunfire, government and military response, people throwing rocks – and everyone talking about what’s happening locally.

And if you’re in the US (where I am), you know that the sense that something is wrong is quite palpable. Gas prices are going up. The number of people using food stamps is up to 42 million. Banks are going under. Local and state governments are bankrupt. You know people who lost their jobs. Heck, maybe you lost yours.

The fact is, the financial crisis is here. And these uprisings must be viewed in that context.

Now here’s where I may be going off the deep end… Is it planned? Is this the old game of creating a problem with the goal of implementing the “solution”?… namely a one world currency. We shall see.

(Which is why I’m moving all of my money out of US dollars and into things of real value – gold, silver, farm land, real estate. I’m not sure if the dollar will completely collapse, but the world will certainly leave the dollar standard in the near future… When that happens, it won’t be pretty.)

A very telling video about the early stages of this global financial crisis we find ourselves in (and what you can do about it).

The sequel to this video is jaw-dropping, but it’s a little long. Check it out:

Your rizq is already determined by Allah SWT. But then again, perhaps He exposed you to this video as a means to increase it. Allah knows best.

May Allah protect you and give you the best of this life and the best of the Hereafter. Ameen.

Interesting article on the counting food/financial crisis gripping much of the world.

Here’s the link:
Global Food Crisis Forecast as Prices Reach Record Highs

“The UN has expressed concern, but there is no effort to remove the imbalances in the food management system that is responsible for the crisis.”

[Keep in mind the prophecies of how the Dajjal (the AntiChrist) will control the world's food supply.]