She’s Going Down Hard | Global Depression Approaching

  • Posted September 6, 2012

We have entered a time period that may be unrivaled in all of human history. That statement may seem far-fetched to most people, but it is not. Signs point to a Global Depression, but with some foresight, you can avoid going down hard with the rest of the world. We know your time is precious, but take about 8 minutes (3 commercial breaks during a football game) and breeze through just a few points that show the magnitude of what is unfolding….and as always, THINK FOR YOURSELF!

 

  • Morgan Stanley Imminent Crash
  • Libor Scandal
  • Silver on the move
  • Leap2020’s RED ALERT

 

 

She's Going Down Hard | Global Depression | www.procinctu.info

She’s Going Down Hard I

Morgan Stanley Imminent Crash

 

There are some rumblings hinting that Morgan Stanley is the next giant to follow the lead of Bear Stearns and Lehman Brothers and go by the wayside .

Smoke: Last week, as reported by ZeroHedge, Morgan Stanley itself warned of a ‘Triple Policy Disappointment.’

“Expectations for a repeat of H2 2011’s surge in positive surprises are misplaced as several unique factors were at play last year – and are very much lacking this year; moreover global growth indicators are significantly weaker than a year ago.”
“………The short story is that our US team does not expect imminent QE in the US; there are several hurdles to executing major ECB action; and the Chinese policy response continues to lag expectations.”

Just the mere fact that so much is relied upon the pumping of inflated dollars through Quantitative Easing should be cause for concern. But then there is this:

Smoke: SilverDoctors reported that Jim Willie of GoldenJackass.com foresees ‘MORGAN STANLEY FACES IMMINENT FAILURE & RUIN, MAY SEE 1ST PRIVATE STOCK ACCOUNT THEFTS

The insider conversation, often called chatter when it become deafening in tone, is that Morgan Stanley faces imminent failure and ruin. Almost two weeks ago, the Jackass provided a tip to Bill Murphy of GATA to post on his popular LeMetropole Cafe that Morgan Stanley fund managers and high ranking employees were preparing for the firm’s implosion. A subscriber to the Hat Trick Letter has a good friend whose father works as a fund manager and provided the story. It was not detailed, and bore no follow-up after my request. The older employees are selling all of their stock, some legacy stock from one or two decades ago. Many workers are making contingency plans for their next positions in another firm. When Lehman Brothers was killed, thousands of employees had to find new jobs, some without success. In the last week, the shock waves are being heard from internal Wall Street sources in an unequivocal manner. The implosion is in progress, like the collapse of several platforms and structural cables. The inside is caving in, and the ranking members recognize it, even talk about it openly. Much discussion swirls about a transition to antiquated software that is greatly disturbing the trading desks, causing tremendous problems at precisely the wrong time. A redux of the Knight disaster could be in progress.

Do you remember the clamoring in 2008 when Lehman Brothers and Bear Stearns bit the dust? Do you remember them saying the world was going to end if the bankers didn’t get their bailouts? Well, they should NOT have all been bailed out. They should have been allowed to fail so we could have had a real recovery. Now all they did was exponentially worsen the problem. One thing that’s certain, our friends at JPMorgan will be ready to devour whatever cadaver is left once again. Going down Hard? 2008 will be considered child’s play when compared to the next one.

 

 

LIBOR Scandal

 

No, Libor is not the word that comes out when Jose or Pedro mispronounces ‘liver.’ Instead, the Libor scandal is one of the biggest thefts in history. Libor means ‘London Interbank Offered Rate’ and its function is to measure interest rates by which banks borrow.

Smoke: Barclays was fined a measly $450 million for rigging rates of securities/loans involving HUNDREDS of TRILLIONS of dollars.

Since Barclays knew where rates were going, they were able to make obscene profits on their bets. Meanwhile, the average Joe…or Jose…or Pedro… was affected through costs and returns of their borrowing or investments.

 

 

She's Going Down Hard | Global Depression | www.procinctu.info

She’s Going Down Hard III (if you see things like Bernanke)

Silver

 

Silver is up over 20% in the last 3 weeks…. and will only go up in the long-term.

Smoke: Procinctu reported August 1st (Silver Value May Be Ready to Rise) that if silver performed well in terms of its resistance levels during the subsequent weeks, it was set to breakout to the upside. It did.

That report was then followed up on August 22 by another one titled Recent Silver Performance Points to Breakout. It explained that the resistance level was breached, and breakout was days away. The spot price of silver on August 1st was $27.44…on August 22nd it was $29.83…and as of this writing, it is $32.90.  The silver price should continue on its ascent pretty rapidly until it reaches its next resistance level around $37.25.

Keep in mind, nothing should ever surprise you in this market. These silver ‘prices’ are based on the paper market which is only temporary in the big scheme of things. ‘They’ could smack down the price with paper short sells as we have seen before, but they can only do that so many times. Long-term, there is just not enough physical silver available. As was pointed out before on Procinctu and the Silver For Beginners site, the market is relatively small. And yet, all of the annual global production is consumed. This leaves no room for more demand of physical silver and it eventually MUST result in higher values……much higher.

As more and more people figure out that they are just pawns in the global money manipulators game, silver and gold will become more and more popular. Get some……silver that is.

 

 

ALERT! Reds | She's Going Down Hard | Global Depression | www.procinctu.info

ALERT!…..Reds….

Leap2020’s RED ALERT

 

The Leap2020 RED ALERT from June 2012. They aren’t your local nightly news, FOX, ABC, CBS, CNN, nor any other moronic acronym, Leap2020 is a European independent think tank which puts out a  publication called GlobalEurope Anticipation Bulletin (GEAB). They tend to be correct in their forecasting.

Smoke: Leap 2020 issued a Red Alert forecasting Global Systemic Crisis starting September-October 2012.

These topics set the stage:

1. Global recession (no engine of growth anywhere / end of the myth of the “US recovery”) (5)
2. Growing insolvency of the Western banking and financial system and henceforth partially recognized as such
3. Growing frailty of key financial assets such as sovereign debts, real estate and CDSs underpinning the world’s major banks’ balance sheets
4. Fall off in international trade (6)
5. Geopolitical tensions (in particular in the Middle East) approaching the point of a regional explosion
6. Lasting global geopolitical blockage at the UN
7. Rapid collapse of the whole of the Western asset-backed retirement system (7)
8. Growing political divisions within the world’s “monolithic” powers (USA, China, Russia)
9. Lack of “miracle” solutions as in 2008 /2009, because of the growing impotence of many of the major Western central banks (Fed, BoE, BoJ) and States’ indebtedness
10. Credibility in freefall for all countries having to assume the double load of public and excessive private debt (8)
11. Inability to control/slow down the advance of mass and long-term unemployment
12. Failure of monetarist and financial stimulus policies such as “pure” austerity policies
13. Quasi-systematic ineffectiveness henceforth of the alternative or recent international closed groups, G20, G8, Rio+20, WTO,… on all the key topics of what is no longer in fact a world agenda absent any consensus: economy, finances, environment, conflict resolution, fight against poverty

Results to expect:

1. Iran/Israel/USA: The war too far will really happen
2. The Assyrian bomb: the Israeli-American-Iranian match put to the Syria-Iraq powder keg
3. The AfPak chaos: the US army and NATO, hostages in an exit from an increasingly difficult conflict
4. The Arab Autumn: the Gulf countries swept away in the turmoil.
5. United States: « Taxargeddon » will begin from summer 2012 – The US economy in free-fall by autumn
6. Major bank insolvencies due in September-October 2012: The City-Wall Street version of Bankia
7. The untenable irresponsibility of QE in summer 2012 – the US, British and Japanese central banks out of the game

Though the exact timing of things of this magnitude is hard to pinpoint, every day brings us a day closer to the reckoning. We have seen numerous attempts at ‘resolving’ the never-ending European Debt Crisis. Each time, politicians pat each other on the backs for averting collapse, but all they really do is ensure that the collapse will be more detrimental. For every resolution they come up with, another, more grandiose resolution is needed.

 

 

Don’t go down so easy

 

The system is broken. The faster the collapse comes, the faster we can start anew.

Knowing that the system is rigged, why take part in it any longer? Going down hard is not the only option. If you haven’t already, begin to accumulate your physical gold and silver and take yourself out of their corrupt system. Load up on food, hygiene supplies, guns, and water. Get together with like-minded individuals and form a reliable network. Consider pulling your wealth out of the banks for the bank holiday could come without warning. Whenever the system ends up going down hard, you don’t want to have all of your assets go down with it.

You would be wise to have a getaway or some contingency plan in place. Recently, we have seen executive orders and laws come about that set the stage for martial law, government confiscation, citizen abductions, and just about any other atrocity normally reserved for a doomsday novel. Everything is in place, they only need the trigger to put their manaical plan into action.

All of these points make a case for a Global Depression at best. Whether it be months or years from now, it WILL come. The corrupt governments can only fool so many people for so long. Soon, enough sheeple will awaken and the showdown will begin.

Ahead of the elections in America, it seems like a ripe time in which a crash would see everything going down hard. Would some black swan event actually go as far as to suspend the elections? What does the government deem a crisis or an emergency? What would justify them to commandeer the peoples resources to satiate their own lust for power and control?
The exacts won’t be know until it’s too late. But you can be prepared to the best of your ability by acting now. Leave the system to the corrupt masters. Exit now if you think that’s the best choice for you and your family. Above all, shed the sheepskin and THINK FOR YOURSELF.

 

…oh yeah….disclaimer…. Author not responsible for you. Hoard fiat paper dollars, or accumulate real money like silver at your own risk.

 

Intervention | Enslaved | Soulfly | 2012 | Roadrunner Records

Intervention

Fight back – Attack – Let them all know that we’re back – Collapse – Attract – And feel the knife at your back

Intervention – Violation – Desecration – Intervention

War act – A fact – The government will crash – It’s now – It’s dead – Nobody can bring them back

Intervention – Violation – Desecration – Intervention

Pain – Never go away – Hate – Remains the same – They – They will know my name – Slay – The government decay

Reality – The fall of morality – Inner cities corrupted by greed – A Roman Empire falls to their knees – Intervention the only reality

Pain – Never go away – Hate – Remains the same – They – They will know my name – Slay – The government decay

Now war – Will fall – The sky will bleed the new storm – Act now – For all – Enter your downfall

Intervention – Violation – Desecration – Intervention

Bloodstorm…Onslaught…Torture…Martyr…