Timing is everything. I predicted the housing market collapse. Of course I started predicting it in 2004, so it took three years before I was proved right. I also believe we are in part 2 of the Greater Depression, but very few agree with me so far. I’m pretty sure I’ll be proven right, but I don’t know when. The Federal Reserve and the central bankers around the world, along with their puppet politicians have pulled out all the stops to keep this ponzi scheme going. I think they are growing desperate. A major financial crisis spurred by the collapse of one or more major banks in the Fall seems quite possible to me. This time we will need to take to the streets to keep TPTB from screwing us again to save bankers.
Watching the Clock: Will a Total Economic Collapse Occur in September-October?
|
SGT June 28th, 2012 SGT Report
|
This report has been generously contributed by SGT Report.
People like to ask about dates. “When do you think the collapse will happen?” they ask. What are your thoughts on the Mayan calendar? How ’bout December 21st, 2012?
Most of us informed and awake folks aren’t interested in trying to predict specific dates. That’s an art best left to Nostradamus. That said, highly respected truth tellers James Turk and John Williams have both tied dates to predictions. In an interview with James Turk he told me that he thinks we will see $400 silver and $8,000 gold some time between 2013-2015. And John Williams firmly believes the die has been cast for hyperinflation in the United States, likely beginning in 2014.
Over the past 48 hours we’ve stumbled across three separate pieces of information, all predicting essentially the exact same thing regarding a fall 2012 economic collapse. Serendipity or coincidence, it’s information I want to pass on. As always, discussion is welcomed below.
The first warning is from a St. Louis based police officer who called into the Alex Jones radio show on Sunday, June 24th. The second warning comes our way via the Silver Doctors. And the third came today from unflappable Director of UBS Floor Operations Art Cashin. All three warnings are presented here for your benefit and consideration:
The first warning came our way via the Sunday broadcast of the Alex Jones radio show. Jones announced that he only wanted to take calls from members of the military or police. A man identifying himself as a police officer named ‘Jim’ called in to report some startling information.
“We have been told that in October we need to be prepared for an event that will require us to use air and ground support, in conjunction with the military here.”
During the call Jim comes across as passionate, sincere and very shaken by the information he tries to share. After the commercial break, Jim gets choked up as he tries to convey his appreciation for what Alex Jones has tried to do in terms of waking people up in the effort to save the Republic from the clutches of the forces seeking to destroy it. Now, nearly in tears, Jim concludes by saying “This country’s dead Alex. It’s gone” before unexpectedly hanging up.
Here’s the entire call including the head of the show with the date of the broadcast for posterity’s sake. I edited out the commercial break, and posted this call on my backup You Tube channel SGTreport.
Warning 2 from Silver Doctors, on Monday:
LEAP/2020 has issued a RED ALERT for the Western banking system, stating that Europe’s hour of payment has arrived, and compares the next two months to the Israelites circling Jericho for 7 days prior to blasting the trumpets. LEAP/2020′s red alert states the Western banking system’s trumpet blast will occur in September or October.
The seven blasts of the trumpets of Jericho marking the September October 2012 period will cause the “Dollar Wall’s” last sections and the walls which have protected the world as we know it since 1945 to collapse. The shock of the autumn 2008 will seem like a small summer storm compared to what will affect planet in several months.
The third warning comes by way of Art Cashin and Zero Hedge on Tuesday morning:
While Europe is dominating headlines this week, UBS’ Art Cashin suggests “mark your calendar and cross your fingers” as he notes the disproportionate prevalence of events that occur in September. Focusing on The Economist’s Greg Ip’s recent post on a possible seasonal pattern in banking crises, via this recent Reinhart & Rogoff extension paper by Laeven and Valencia, he notes: “The frequency with which the world goes to hell in September seems hardly random.” Unfortunately the authors provide no explanation for this beyond observing, “An interesting pattern emerges: banking crises tend to start in the second half of the year, with large September and December effects.”
No one can possibly know exactly when the death of the Western fiat banking system will occur. We just know that it will collapse – it cannot be stopped. And increasingly it looks like it will happen sooner rather than later.
This is not fear porn. It’s the reality of the dire times we now find ourselves in. Take heed, and prepare the best you can.
We are all in this mess together.
Administrator says:
I’m sure none of these fine institutions could possible go belly up by September.
Well-loved. Like or Dislike:
7 
0
28th June 2012 at 7:14 pm
dixie_flyer says:
that “caller” on the Alex Jones clip sounds fake
Like or Dislike:
4 
1
28th June 2012 at 10:37 pm
DaveL says:
JIm: Be patient. Did the people who were living in the middle of the “Great Depression” know they were living in the middle of the “Great Depression”.? I don’t think World War I was called that while it was going on.
Like or Dislike:
3 
1
28th June 2012 at 11:08 pm
Ron says:
Reminds me of the build up to y2k.
Like or Dislike:
2 
3
28th June 2012 at 1:40 am
Butthurt says:
lol, alex jones….. probably a paid actor
Like or Dislike:
3 
3
28th June 2012 at 2:04 am
Zarathustra says:
From the heroic Paul Craig Roberts:
Can the World Survive Washington’s Hubris?
by Paul Craig Roberts
PaulCraigRoberts.org
Recently by Paul Craig Roberts: Hubris as the Evil Force in History
When President Reagan nominated me as Assistant Secretary of the Treasury for Economic Policy, he told me that we had to restore the US economy, to rescue it from stagflation, in order to bring the full weight of a powerful economy to bear on the Soviet leadership, in order to convince them to negotiate the end of the cold war. Reagan said that there was no reason to live any longer under the threat of nuclear war.
The Reagan administration achieved both goals, only to see these accomplishments discarded by successor administrations. It was Reagan’s own vice president and successor, George Herbert Walker Bush, who first violated the Reagan-Gorbachev understandings by incorporating former constituent parts of the Soviet Empire into NATO and taking Western military bases to the Russian frontier.
The process of surrounding Russia with military bases continued unabated through successor US administrations with various “color revolutions” financed by the US National Endowment for Democracy, regarded by many as a front for the CIA. Washington even attempted to install a Washington-controlled government in Ukraine and did succeed in this effort in former Soviet Georgia, the birthplace of Joseph Stalin.
The President of Georgia, a country located between the Black Sea and the Caspian Sea, is a Washington puppet. Recently, he announced that former Soviet Georgia is on schedule to become a NATO member in 2014.
Those old enough to remember know that NATO, the North Atlantic Treaty Organization, was an alliance between Western Europe and the US against the threat of the Red Army overrunning Western Europe. The North Atlantic is a long, long ways from the Black and Caspian Seas. What is the purpose of Georgia being a NATO member except to give Washington a military base on the Russian underbelly?
The evidence is simply overwhelming that Washington–both parties–have Russia and China targeted. Whether the purpose is to destroy both countries or merely to render them unable to oppose Washington’s world hegemony is unclear at this time. Regardless of the purpose, nuclear war is the likely outcome.
The presstitute American press pretends that an evil Syrian government is murdering innocent citizens who only want democracy and that if the UN won’t intervene militarily, the US must in order to save human rights. Russia and China are vilified by US functionaries for opposing any pretext for a NATO invasion of Syria.
The facts, of course, are different from those presented by the presstitute American media and members of the US government. The Syrian “rebels” are well armed with military weapons. The “rebels” are battling the Syrian army. The rebels massacre civilians and report to their media whores in the West that the deed was done by the Syrian government, and the Western presstitutes spread the propaganda.
Someone is arming the “rebels” as obviously the weapons can’t be purchased in local Syrian markets. Most intelligent people believe the weapons are coming from the US or from US surrogates.
So, Washington has started a civil war in Syria, as it did in Libya, but this time the gullible Russians and Chinese have caught on and have refused to permit a UN resolution like the one the West exploited against Gaddafi.
To get around this roadblock, fish out an ancient Phantom fighter jet from the 1960s Vietnam war era and have Turkey fly it into Syria. The Syrians will shoot it down, and then Turkey can appeal to its NATO allies to come to its aid against Syria. Denied the UN option, Washington can invoke its obligation under the NATO treaty, and go to war in defense of a NATO member against a demonized Syria.
The neoconservative lie behind Washington’s wars of hegemony is that the US is bringing democracy to the invaded and bombed countries. To paraphrase Mao, “democracy comes out of the barrel of a gun.” However, the Arab Spring has come up short on democracy, as have Iraq and Afghanistan, two countries “liberated” by US democratic invasions.
What the US is bringing is civil wars and the breakup of countries, as President Bill Clinton’s regime achieved in former Yugoslavia. The more countries can be torn into pieces and dissolved into rival factions, the more powerful is Washington.
Russia’s Putin understands that Russia itself is threatened not only by Washington’s funding of the “Russian opposition,” but also by the strife among Muslims unleashed by Washington’s wars against secular Muslim states, such as Iraq and Syria. This discord spreads into Russia itself and presents Russia with problems such as Chechen terrorism.
When a secular state is overthrown, the Islamist factions become free to be at one another’s throats. The internal strife renders the countries impotent. As I wrote previously, the West always prevails in the Middle East because the Islamist factions hate one another more than they hate their Western conquerers. Thus, when Washington destroys secular, non-Islamist governments as in Iraq and now targeted in Syria, the Islamists emerge and battle one another for supremacy. This suits Washington and Israel as these states cease to be coherent opponents.
Russia is vulnerable, because Putin is demonized by Washington and the US media and because Putin’s Russian opposition is financed by Washington and serves US, not Russian, interests. The turmoil that Washington is unleashing in Muslim states leaks back to Russia’s Muslim populations.
It has proved to be more difficult for Washington to interfere in China’s internal affairs, although discord has been sowed in some provinces. Several years from now, the Chinese economy is expected to exceed in size the US economy, with an Asian power displacing a Western one as the world’s most powerful economy.
Washington is deeply disturbed by this prospect. In the thrall and under the control of Wall Street and other special interest business groups, Washington is unable to rescue the US economy from its decline. The short-run gambling profits of Wall Street, the war profits of the military/security complex, and the profits from offshoring the production of goods and services for US markets have far more representation in Washington than the wellbeing of US citizens. As the US economy sinks, the Chinese economy rises.
Washington’s response is to militarize the Pacific. The US Secretary of State has declared the South China Sea to be an area of American national interest. The US is wooing the Philippine government, playing the China threat card, and working on getting the US Navy invited back to its former base at Subic Bay. Recently there were joint US/Philippines military/naval exercises against the “China threat.”
The US Navy is reallocating fleets to the Pacific Ocean and constructing a new naval base on a South Korean island. US Marines are now based in Australia and are being reallocated from Japan to other Asian countries. The Chinese are not stupid. They understand that Washington is attempting to corral China.
For a country incapable of occupying Iraq after 8 years and incapable of occupying Afghanistan after 11 years, to simultaneously take on two nuclear powers is an act of insanity. The hubris in Washington, fed daily by the crazed neocons, despite extraordinary failure in Iraq and Afghanistan, has now targeted formidable powers–Russia and China. The world has never in its entire history witnessed such idiocy.
The psychopaths, sociopaths, and morons who prevail in Washington are leading the world to destruction.
The criminally insane government in Washington, regardless whether Democrat or Republican, regardless of the outcome of the next election, is the greatest threat to life on earth that has ever existed.
Moreover, the only financing the Washington criminals have is the printing press. In a subsequent column I will examine whether the US economy will complete its collapse before the war criminals in Washington can destroy the world.
June 29, 2012
Well-loved. Like or Dislike:
14 
0
28th June 2012 at 3:25 am
flash says:
Zara,
http://www.youtube.com/watch?v=me_WNSiUFd0
Like or Dislike:
5 
1
28th June 2012 at 4:57 am
Mr. Happy says:
If the three points in the SGT article are real, the market has already discounted their impact. If banks are going to collapse in October…believe me, that’s in the market now.
Saying that, there is a massive HEAD AND SHOULDER formation building…see: http://finance.yahoo.com/echarts?s=%5EGSPC+Interactive#symbol=%5Egspc;range=5y;compare=;indicator=volume;charttype=area;crossha
The left shoulder started in April 09 and lasted 15 months. The head started August 2010 and lasted 14 months. The right shoulder is still developing and 8 months along.
A Head and Shoulders is the most powerful and bearish formation and there’s no rule that says it has to last another 6 months or so…it can hit at any time…and it will hit. When it does it will take the S&P down to 900. I would definitely buy it there for a bounce. In the meantime be careful.
Like or Dislike:
2 
1
28th June 2012 at 6:34 am
TeresaE says:
Wish Webbot was still up and running, would be really interested in seeing what it is gleaning from the ‘net.
Ah well.
Zara, great article by Roberts.
What is most obvious to me is that our “leaders” have NO fucking clue of the extent of Chinese mfg & controlled goods in both our everyday lives and our military.
How we can sit back and believe that a country GEARING UP to go to war against the US, would NOT be producing chips with kill switches. Or that said country would continue to ship us our Kraft Mac’ N Cheese, or Mott’s, or toner for our printers, or microchips for our computers, or paper, or insulin, or aspirin, or baby formula, or anti-depressants even as we enter a war with them.
Yes, the US leads the world in wasted military-complex spending. BUT we no longer, nor have we for 15 years – thanks to Clinton – have TOTAL manufacturing control over the tools we need to wage our “domination.”
Morons, idiots and shills are running the world.
On a personal note, as the countdown to financial (and potentially real) Armageddon draws nigh, I’m being stifled from preparing because, “it won’t happen.”
Or, my personal favorite, “war is good for us.”
egads.
Well-loved. Like or Dislike:
6 
0
28th June 2012 at 10:33 am
Ron says:
Well the EU must have found a gennie because everything is ok now. I just dont see the broke usa as the super power it was.Reminds me of Nazi Germany,extending itself to thin.Unless its just the greed of the military industrial complex just trying to keep profits up?
Like or Dislike:
2 
0
28th June 2012 at 1:17 pm
Maddie's Mom says:
Sorry, “Jim”. I’m not buying it. In fact, I had to giggle a little. A police officer “choked up” and “nearly in tears”? Yeah, ok.
September/October is not far off though, so if the ^3 predictions^ are correct and I am wrong, I’ll know soon enough. Let’s revisit this thread in the fall and one way or another, someone gets to say “I told ya so!”
Meanwhile, you bet I’m prepping. (TeresaE…do whatever you can…anything). My DH has a low tolerance for lengthy discussions of “what lies ahead”, but supports the prepping. Too many things can go wrong.
Like or Dislike:
4 
0
28th June 2012 at 4:32 pm
KaD says:
17 Reasons To Be EXTREMELY Concerned About The Second Half Of 2012
http://theeconomiccollapseblog.com/archives/17-reasons-to-be-extremely-concerned-about-the-second-half-of-2012
The ingredients for a “perfect storm” are slowly coming together, and in the months ahead we could very well see the next wave of the economic collapse strike.
Like or Dislike:
2 
0
28th June 2012 at 1:33 pm
SiriusDarkBrown says:
In regards to the Fourth Turning crisis peak, I think we need to wait for the big war and not the next financial problem.
As for Chinese ‘kill switches’ in our military electronics, there is a special DoD supply chain for those components. However,
http://www.businessinsider.com/counterfeit-parts-from-china-raise-grave-concerns-for-both-us-companies-and-national-security-2012-6
And remember this one? Richard Clarke: China has hacked every major US company
http://www.zdnet.com/blog/security/richard-clarke-china-has-hacked-every-major-us-company/11125
The borders during this Clash of Civilizations era also include the cyberspace firewalls.
Like or Dislike:
2 
0
28th June 2012 at 11:45 pm