Submitted by mark
One Giant Financial STD and Everybody is Infected – Bill Holter
https://usawatchdog.com/wp-content/uploads/2023/01/Bill-Holter-pic-1.24.23-USAW-version-300×192.png
By Greg Hunter’s USAWatchdog.com
Precious metals expert and financial writer Bill Holter said last summer that the Fed rate increases would tank the economy. Everywhere you look you see the economy falling apart. House prices and sales are down. Banks are clocking record losses, vehicle prices are falling and unemployment is rising. The economy has not completely crashed, but it will. Holter explains, “There are over $2,000 trillion worth of derivatives outstanding on a global economy . . . that has maybe a little more than $500 trillion in asset values. So, you have this dog walking around with a gigantic tail that will shake the dog.
When derivatives go, it’s a 48-hour event. Who do you think holds all these derivatives? You’ve got the big banks, all the big brokers, all the big insurance companies and they are all going to go down. It’s like one giant financial STD, and everybody is in bed together and everybody is infected.”
Add to this the announcement from Saudi Arabia that it will now accept payment in currencies other than the U.S. dollar and you have the makings of a destabilizing hyperinflationary catastrophe for America. Holter says, “There will be other Arab nations to follow, and that is a huge hit to the artificial demand for the dollar. You had nations all over the world who were forced to buy dollars to buy oil, and that is no longer. Going one step further, these nations who have stockpiled huge dollar portfolios are no longer required to use dollars. What do you think is going to happen to them? Those dollars are going to come back to the U.S., and that will be a hugely inflationary event. It will add many multiples to the dollar pie that thus will dilute the value.”
What is the Fed going to do? Holter says, “The Fed is in a box. . . . They will have to make a choice to save the dollar or save the financial system. They can’t save everything. Something has to break. I have said this for years, and that is there are already losses out there, but somebody has to own up to them. Nobody has had to take the losses because everything has been papered over for so many years where losses were just kicked down the road, and there is no more road.”
Holter goes on to say, “The best way to sum it up is the facade that we have lived our lives through is ending and will completely end. The reality is going to blow people’s minds. That will be a depopulation event because people will be starving. . . . The Fed has always feared a deflationary collapse where it cannot inflate the system. Credit is the foundation to the whole system. If credit cracks and credits collapses, it means the foundation collapses and thus the entire house.”
It everything is collapsing in price, what happens to gold and silver prices. Holter says, “Gold and silver are the only real money on the planet that cannot or will not default.” Holter likes them both and adds, “Silver is the most undervalued asset out there right now.”
There is a lot more in the 48-minute interview.
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There are over $2,000 trillion worth of derivatives outstanding on a global economy
To whom, exactly?
Its actually closer to 8 gabizillion give or take a smegtillion.
Its all fake, top to bottom, concept to reality
fugazillion
Zimbabwillion
Weimarillion
Tulipillion
Infographic: Currency and the Collapse of the Roman Empire
› currency-and-the-col…
Feb 19, 2016 — By 265 AD, when there was only 0.5% silver left in a denarius, prices skyrocketed 1,000% across the Roman Empire. Only barbarian mercenaries …
Denariusillion
It’s different this time . . . trust the economic science.
“The only function of economic forecasting is to make astrology look respectable.” ~ John Kenneth Galbraith
A first century denarius was essentially the same thing as a pre 65 silver dime. Same weight and size same silver content
If you look at what that dime could have bought you in 1964, and compare that with what the silver value of that dime could buy you today, it’s about the same.
There’s a diner that charges the same thing for a meal as they did in 1964 as long as you pay in silver constitutional coinage. It’s.right on the menu with the modern prices in FIAT
The owner has built up quite a nice stack of silver coinage.
Schmart diner, but how’s the chow?
4. Older (pre-1964) US silver coins; from dimes and quarters to half-dollars and silver dollars, pre-1964 US coins are comprised of 90% silver content.Because of their various sizes and weights, old US coins are perfect for barter and trade in a post-SHTF scenario or after a major, debilitating disaster.
Will Precious Metals Always Have Value? Should You Invest In Them?
Historically speaking, the answer to the first question should be a no-brainer. Gold and silver have always had value throughout human history.
Gold and silver have had value during the rise and fall of empires. They’ve held value in the ebb and flow of:
• World wars
• Global pandemics
• Civil wars
• Economic collapses
• Droughts
• Famines
Is It Safe To Assume Gold and Silver Hold Their Value In The Future?
One key element of gold and silver throughout history is their ability to hold value regardless of society.
• Ancient Rome
• Nazi Germany
• Napoleonic France
• Edwardian England
• Aztecs
• Incas
• etc.
Krackentillian
Until-lion
Littlebylittleon
Reptillian, give credit the creators of this mess.
And vaxecution deaths will number in the killions.
And if humanity manages to coalesce for long enough to arrange vaxpocalypse tribunals, the blood of the guilty with be measured in spillions.
Kinda like ‘jigawatts’ eh?
Das rayciss.
Were those the guys rioting in L.A. in 1965?
🤣I though it was 8 brazillion. A brazillion here a brazillion there and pretty soon we are talking about real money.
Dearest Mary Christine, don’t you know a “Brazillion” is that special bikini waxing one remembers for their entire life?
I’ve heard about those. Not too eager to have those hairs pulled out by the roots.
Bank debenchers? Where banks borrow money then lend out 10x what they borrow, an ever increasing ponzi
So how will it really look when the collapse comes?
Here’s a great article from SHTF Blogspot from 2010:
I thought I might post this info for your reading enjoyment. It is a series of articles and Q/A sessions from a poster named “FerFal”.
He was a student in Argentina during their economic collapse. He has some very good insights into what life is like during a catastrophe. Particularly an economic catastrophe.
It’s a long read, but VERY worth it in my opinion.
I will post the first segment, and if there is interest then I will post the others. There are 7 parts in total.
All credit goes to FerFal and the other posters who comprise this series.
Thursday, December 2, 2010
Surviving Argentina’s Economic Collapse
Surviving Argentina’s Economic Collapse Part 1-3
Life in Post-Collapse Argentina, Oct. 2005
My brother visited Argentina a few weeks ago. He’s been living in Spain for a few years now. Within the first week, he got sick, some kind of strong flu, even though the climate isn’t that cold and he took care of himself. Without a doubt he got sick because there are lots of new viruses in my country that can’t be found in 1st world countries. The misery and famine lead us to a situation where, even though you have food, shelter and health care, most others don’t, and therefore they get sick and spread the diseases all over the region.
What got me started on this post is the fact that I actually saw this coming, and posted on the subject here at Frugal’s, [frugalsquirrels.com] months before the new viruses spread over the country and the news started talking about this new health emergency, which proves that talking, thinking and sharing ideas with like-minded people (you guys), does help me to see things coming and prepare for them with enough time. So I started thinking about several issues, what I learned (either the hard way or thanks to this forum) after all these years of living in a collapsed country that is trying to get out an economical disaster and everything that comes along with it. Though my English is limited, I hope I’m able to transmit the main ideas and concepts, giving you a better image of what you may have to deal with some day, if the economy collapses in your country. Here is what I have so far:
https://when-shtf.blogspot.com/2010/12/surviving-argentinas-economic-collapse.html
Robert (QSLV)
He does a YouTube show with Mat Bracken almost every Sunday..Worth watching.
I think Matt stopped because they were arguing about the Russia/Ukraine war.
We’re living inside a joke, inside a big tent circus inside clown world.
Except for the fact that reality is deadly serious.
…criminally psychotic+ demonic clown world.
but Auntie loves your Daliesque visual, G.
It’s been a while, granted, but the last time I looked it was 185 Quadtrillian dollars in outstanding Derivatives.
Which is something more like 1,850 trillion dollars in outstanding Derivatives.
So it’s quite possible that it is no w at 2,000 trillion.
To whomever it is owed is practically irrelevant. Because there is less than 1 quadrillion dollars of wealth in existence on the planet.
It’s like a game of financial musical chairs. And when the music stops, there is going to be too few chairs left, because even if you are one of the ones lucky enough to cash out, cash will be worthless.
in other words the whole world financial system would collapse and wealth will be determined by how much physical gold silver and lead that you have.
Mark,
Thanks for posting this.
“You can’t eat gold and silver”…. but you’ll sure be able to transact for what’s available.
If you have nothing the farmer needs to trade for food, that’s where metals come in. Grocery stores in Venezuela have taken gold nuggets for food.
Sorry, gave that to the local charity.
So on that fateful day I have carrots, wheat, chickens and other assorted foodstuffs. Why am I trading for gold and silver?
Me too Cheeseball…but eventually all wars, famines, droughts, pandemics, etc. and even engineered slow motion/sudden bankruptcies and controlled demolition economic collapses (as we are currently in) come to an end.
Its called HISTORY…
And there is:
Leaving a proven, times tested legacy to those you love…depending on the length of the war, famine, drought, pandemic, etc. and your long range love/complete prep/planning.
Ever try to buy land or maybe a tractor, or a couple hundred gallons of fuel perhaps, with a few chickens and carrots?? There is always a need to have assets that carry a lot of asset weight. The carrots and eggs are for things like lead, clothing, matches, small stuff
Steve.
You bet buddy…here is my long posted tactical and practial steps…the last two for/after:
This too shall pass.
I’m out of the bank/Credit Union except for bill paying money for a long time…as I believe a Credit Freeze is more than probable…it will probably happen as Holter thinks in 48 hours.
Then no ATMs, no Credit cards, no EBT…and when the Dollar loses Reserve Currency Status…soon after 95% of Americans will be devastated financially.
There is intentional chaos and massive disruptions coming at the least, war and famine at the worst from TLPTB (L = Luciferian) attempt to shove their New World Order down our throats.
Like Holter says cash will work for a while…but spend it fast and top off.
They are tying for a controlled demolition, but that remains to be seen.
1. Water
2. Food/Food Production
3. Shelter
4. Essentials
5. Guns/Ammo – Training – Defense/Offense Capabilities
6. Medical
7. Cash (Fiat Dollars) in your hands not a Bank.
8. Barter
9. Community/Tribe
10. Communication
11. Plan B & C
12. Silver (pre 64 junk dimes, quarters, & 1 oz. American Eagles…this is what most can afford and should buy as far as PM’s.)
13. Gold (only if you have WEALTH, buy it in all values from 1/10 of an ounce to 1 oz.)
Both 12 & 13 must be in your hands…
Yea, 12 and 13 may not be needed at first, but nothing lasts forever, including every single crash in history (but this is an intentional collapse not a crash…so there is that) if you don’t have real wealth, and have not completed 1 through 11 in depth…you do not need to spend what you don’t have (wealth) on gold, but that is another thread.
Precious metals are not either or they are part of complete Prep…until/after the top 11 are secured…no matter who you are.
If you do not have any spare fiat…soon to be worthless…focus on 1 through 11…Uncommon Common Sense.
My theory is they leveraged all the resources in the ground and everybody’s labor out eighty years.
They haven’t finished that yet — but they’re working on it … basically to have BigFinance control all of the natural resources world wide.
The difference between the two collapses will be that localized economic systems survived in the bronze age collapse, and although there was a substantial amount of trade among nations for luxury goods,.most communities were self sufficient in essential goods like food. And it wasn’t their own government who brought in the sea people who destroyed the eastern Mediterranean world.
I do watch that scene periodically to remind myself about Wall St.
You left out the part about ‘rookie numbers’. LoL!
Exactly. How is this even calculated — it can’t be. It is beyond an astronomical number.
“A mere bag of shells, Norton, a mere bag of shells.”
–Ralph Cramden
They had better roads.
No difference between Jimmy Buffett and Warren Buffett, love it.
Holter has been singing this tune for years, back to his James Sinclair days. I agree with his diagnosis. But the timetable is unknown but for God. The rest are guessing.
I agree and he (and I) never thought in our wildest dreams there would be this much long and winding road to kick the can down…but once Dr. Skidmore and Catherian Austin Fitts found the tip of the giant dick screwing us/U.S. …it became obvious how this fiat cluster fucking of the entire nation and then world has continued on, and on and on…past the point of any normal Ponzi scam.
CATHERIAN AUSTIN FITTS WITH DR. MARK SKIDMORE: UPDATE ON THE TRILLIONS MISSING FROM THE US GOVERNMENT
I think I found the missing trillions!!!
Greed beyond the dreams of avarice, serfs.
Great illustration (could have used the nauseating smirking CEO veterinarian FFizer bastard and change out the fork for a syringe)
http://www.vaxgenocide.com/
(Link goes to Rumble, which is repeatedly ghosted here at TBP)
Most recent video from above site is absolutely heartbreaking: dad dies on scooter, baby girl is riding on back. She lives, is terrified, screaming, trying to wake daddy . . .
MAN RIDING A SCOOTER DIES SUDDENLY WITH HIS DAUGHTER ON THE BACK (2022)
Horrifc.
M 2 Money supply stat/charts confirm the recession big time.
Hey Bill, is there a Vaxx for that?
Machinist,
Take two hard assets and call me in the morning!
good advice, Doc.
My invoice will soon follow…payable in Constitutional Silver please.
I know its coming, it is just when. But, I’ve been hearing this from a plethora of talking heads since ’08.
“It’s right around the corner”
“Come spring, it’s all going down”
“There won’t be another election” (4 cycles ago)
“This is probably the last Christmas we’ll see.” (about 8 years ago).
“Obama will never leave the white house”. (some truth to this one)
10 years ago Glenn Beck “The wheels are coming off the plane, and so are the wings, its just a matter of how hard we crash.”
They are currently jamming man junk in toddlers faces to gangsta rap at the local library and carving off the sexual organs of pubescent children.
What exactly are you looking for?
I thought I was pretty clear. The economic crash — the big one, as in a financial one.
What you stated is a separate topic all into itself.
I have been:
So many years…I lost my voice…
Although recently some who pointed at my warnings and ant ways and laughed are former grasshoppers playing ‘Nervous in the Prepper Service’ frantic catch up.
But…it appears my vindication…like the wolf pack…is at the end of the stalk.
I am waiting defiantly for the first few wolfs and intend to shoot them…now the pack may one day lick my bones…but woe to those who first cross the line.
Some old men have are waiting to be extremely expensive for the pack…and are grinning to themselves.
I am reading Whitney Webb’s new book. “One Nation Under Blackmail.:” She gives details, by the score, of the terrible corruption, and who is all behind it? CIA. It’s a natural happening to go from the CIA, to starting your own bank, so you too can get in on the blackmail, extortion, and money laundering. This has been going on for a long time. It’s an excellent read.
I’ve been following her for a few years now … she’s absolutely one of the very best researchers/reporters on these matters.
Saw a bunch of her video’s. She’s one of the best.
Say, that’s a swell idea, John. Where? is the question.
There are a bunch of cute posts above but don’t think this isn’t deadly serious. It can happen at blinding speed.
Yes, I’ve been expecting it since 2016 but like Holter says, these events are closer and closer. One day he’s going to be right and a living hell will descend virtually overnight.
Credit market seizures will be everywhere and nobody will trust anybody. Within days everything comes to a grinding halt. No food, gas, etc. Mayhem ensues rather quickly.
I’m taking this shit seriously.
Tis why we prep,one of just so many things that can go wrong,that and whatever food/tools/skills/clothes/seeds ect. we buy/learn will use either way so tis a win/win to prep.
As always,prepper duck is with you!(prepper cat taking a week off and well earned!).
One Friday before a long weekend, everything seemed normal. By Monday, everything had changed…
THAT is exactly how it will happen. By Tuesday the crypto fiat will be announced.
Just like building 7, they need to pull it and let’s get this shit show over with. I got no dog in this hunt, I’m ready for the massive deflation that will cause most of the sheep to curl up in the fetal position.
JUST DO IT……..
That’s what Frank always said. Part of me wants to get it over with but another part of me dreads it and would prefer they keep the shit show going for a few more years. But every day the corruption is more putrid and I wonder how much longer God is going to wait to finish it off.
Mary-The longer this goes on the worse the pain will be.
When the cash washes back onshore and drives the inflation none on that cash will wash over the people. Straight to governments and financial entities it will go. This will make the inflation excruciatingly painful.