*Tuesday's Fed Meeting ~ Markets look to Fed after ECB buys bonds ...
*The G-20’s Secret Debt Solution ...
*January 2010 ~ Bob Chapman ~ Dollar Devaluation Predicted and Informed January 2010 ~ A NEW DOLLAR : an insider from the fed banks meeting ...
*G20 ~ Six Months Ago ~ G20 Reaches Compromise Deal On Imbalances/Exchange Rates ~ World Bank chief calls for modernised monetary system ...
Snip ~ July 2009 ~ There's a rumor that I was reluctant to mention when it first started circulating, because it seemed a little too far down the tin foil hat / black helicopter road. But in this context it seems pretty reasonable.
According to widely-followed newsletter writers Harry Schultz and Bob Chapman: ”Some US embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of US cash to purchase currencies from those govts, quietly. But not £’s. Inside the State Dept there is a sense of sadness & foreboding that ‘something’ is about to happen, unknown are a date—just that within 180 days, but could be 120-150 days.”
Bob quotes another source that “Panasonic has told their people to be back in Japan by Sept 09.”
Harry Schultz’s remarkable take on the situation:
“My HSL suspicion is that the elite plan another FDR style “bank holiday” of indefinite length, perhaps very soon, to let the insiders sort-out the bank mess which is getting more out of their control every day. Insiders want/need to impose new bank rules. Widespread nationalization could result, already under way.
It could also lead to a formal US$ devaluation, as FDR did by revaluing gold (& then confiscating it). But devalue against what? The euro? Doubtful. Gold? Maybe. Or vs. the IMF basket of currencies (which seems more likely)—& much in the news recently.
Any kind of bank holiday will push the US$ lower, which may be a bonus benefit to their ongoing scenario of letting the $ fall. Such a fall would get the devaluation they want without having to declare it. In sum, the insiders want more bank & system control, fewer banks & a lower US$. A bank holiday would suit all their needs."
2) This details of the plan will spread within an ever-widening circle of banking and government folks who, like Sir Robert, will demand the chance to profit from the insider trade of the century. Because such a secret is impossible to contain for long, once in place the plan has to be executed as soon as possible.
3) If the rest of us play it right, we’ll be able to at least protect ourselves, and maybe even make out (in percentage terms at least) like Goldman Sachs no doubt will.
Harry Shultz: “Obviously, U can’t open safeboxes if the banks are closed, so plan accordingly. During the FDR bank holiday, thousands of banks never reopened; it was a face-saving way of shutting them down. I would guess the same would occur today; thousands have little or no net value, loaded with debt, bad mortgages.”
FOFOA: “It matters not one iota how well you do in the stock and bond markets leading up to the reset. Neither does it matter what the "gold market" does between now and then. The ONLY thing that matters is how you are positioned on that one - fateful - day! Everything will be reset and surprises will abound.”
John Rubino
http://www.24hgold.com/english/news-gold-silver--a-tremendous-secret-.aspx?article=2192913308G10020&redirect=false&contributor=John+Rubino
