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Russia Is Going To Pass A Law Formally Dumping The U.S. Dollar

by Michael Snyder, The Economic Collapse Blog:

Russian President Vladimir Putin has introduced legislation that would deal a tremendous blow to the U.S. dollar.  If Putin gets his way, and he almost certainly will, the U.S. dollar will be eliminated from trade between nations that belong to the Commonwealth of Independent States.  In addition to Russia, that list of countries includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan and Uzbekistan.  Obviously this would not mean “the death of the dollar”, but it would be a very significant step toward the end of the era of the absolute dominance of the U.S. dollar.  Most people don’t realize this, but more U.S. dollars are actually used outside of the United States than are used inside this country.  If the rest of the planet decides to stop accumulating dollars, using them to trade with one another, and loaning them back to us at ultra-low interest rates, we are going to be in for a world of hurt.  Unfortunately for us, it is only a matter of time until that happens.

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A DOLLAR CRASH OF BIBLICAL PROPORTION — BILL HOLTER

by SGT, SGT Report.com:

Bill Holter whose work you can follow over at Jim Sinclair’s JS Mineset is back and Bill says “Something Just Happened”. In fact, something changed three weeks ago and a series of events began which has led to a cascading collapse in global markets and some very strange happenings in the precious metals markets.

In silver last week there was confirmed volume of 122,482 contracts traded in a single day which represents 612 MILLION ounces of physical silver … or over 87% of annual global silver production. Meanwhile China has sold $100 billion worth of Treasury bonds over the last two weeks.

Bill warns, the leverage in all markets suggests a “holiday” will occur because the unwinding cannot be orderly. The “unwinding” by the way will need to undue the credit built upon credit going all the way back to Aug. 15, 1971.

Mr; Holter concludes: “We’re going to have an absolute Biblical collapse of our standard of living, and no one even has a clue that it’s coming.”

Oh, and one last note. The current 1980 inflation adjusted all time high for silver is $601 according to John Williams at Shadowstats. And that doesn’t account for all of the paper metals fraud in the system. Please bear that fact in mind as you consider what life may look like after the collapse of the Petro Dollar’s purchasing power.

The Malthusian GENOCIDAL ASSAULT On Humanity — Christina Sarich

by SGT, SGT Report.com:

Christina Sarich is a humanitarian and freelance writer who focuses on health-related REAL news. Writing for Natural Society, Infowars and Waking Times to name just a few sites, Christina has exposed the fraud and lies told by Big Agra and Biotech companies.

In this interview we shine the light of truth on the dangers of GMO’s, the revolving door of fascism at the FDA, the push for MANDATORY vaccinations by Big Pharma and Bill Gates’ involvement in much of it. As Christina correctly notes, this is nothing less than a Malthusian genocidal assault on humanity.

Bubbles, China, Gold, and You

from Outsider Club:

I’ve been telling my paid readers about my see-saw theory for a year or two now.

It’s the idea that equities are being pushed up by the easy monetary policy while commodities are being held down.

And it’s not hard to see.

In any sort of meaningful recovery — in the U.S. or globally — commodity prices rise because demand rises.

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“HIDDEN AGENDAS COME OUT OF HIDING!”

from GordonTLong:

19 Intriguing Coincidences Surrounding The Virginia Shooting

from The Sleuth Journal:

The problem with repeated false flags and staged events executed for a particular political purpose is that they demand a commitment from the minds of the masses and it has to happen in real-time. You either get it right away that the event is staged or you don’t. That is, you require “proof”. Until you receive that proof or should I say, until you consciously register a series of information that convinces you that it must have been fake, you will choose to believe mainstream media news and accept it as truth. On the other hand, those that are fully awakened to the overall agenda in full motion now know right away as soon as another staged shooting takes place. They know exactly which signs to look for or more specifically, which group of signs to look for. Also there is a sequence of events that usually play out exactly almost every time. Once the working minds of these people see that sequence of events play out their natural brain does not allow them to believe the official story no matter how much “proof” the mainstream media presents to convince their viewers that the story is true. This is the natural resistance that humanity is creating to government lies which I’ve discussed in the past.

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10 Lessons of the Iran Deal

from Washington’s Blog:

By the latest count, the nuclear agreement with Iran has enough support in the U.S. Senate to survive. This, even more than stopping the missile strikes on Syria in 2013, may be as close as we come to public recognition of the prevention of a war (something that happens quite a bit but generally goes unrecognized and for which there are no national holidays). Here, for what they’re worth, are 10 teachings for this teachable moment.

1. There is never an urgent need for war. Wars are often begun with great urgency, not because there’s no other option, but because delay might allow another option to emerge. The next time someone tells you a particular country must be attacked as a “last resort,” ask them politely to please explain why diplomacy was possible with Iran and not in this other case. If the U.S. government is held to that standard, war may quickly become a thing of the past.

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Silver Update – Rabbit Hole

from BrotherJohnF:

Huge Announcement Likely Seals Fate Of Obama’s Iran Deal

from Western Journalism:

Despite fierce opposition at home and abroad, Congress will likely fail to block the Iran nuclear deal now that Sen. Barbara Mikulski, D-Md., on Wednesday became the crucial 34th vote that denies opponents the numbers needed to block the deal.

Reaction to Mikulski’s announcement showed that the upcoming vote will not be the end of disputes over Iran.

“The White House may have convinced just enough Democrats to back an agreement that legitimizes Iran’s nuclear program, trusts the regime to self-inspect and offers amnesty to terrorists, but this deal is far from being implemented.” said Cory Fritz, spokesman for House Speaker John Boehner.

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Liquidity Stress Spikes to Worst Level Since Financial Crisis

from Wolf Street:

Moody’s blamed oil and the collapse of commodity prices. Earlier in August, it blamed the financial turmoil around the globe and the implosion of the stock market bubble in China. Earlier, it blamed the debt crisis in Greece. Because month after month, it has been getting worse.

But it should have blamed investors and banks. They’re licking their wounds from hefty losses on these deals. More losses are on the horizon. Folks began to look at these deals more closely. And now they don’t want them anymore, not at these low yields.

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Stocks Surge As ECB Expands QE Monetization Limits, Boost Purchase Threshold From 25% to 33% Per Issue

from Zero Hedge:

ABN Amro was right: moments ago Mario Draghi announced that, just as the Pavlovian Dogs were salivating, the ECB would not leave markets hanging, and while not boosting QE in size, announced he would increase the amount of monetizable assets, i.e., the ECB’s share limit per CUSIP equivalent, from 25% to 33%. The result: an immediate surge in both stocks (ES jumping 21 points) and bonds (the 10Y dropping to 2.156%).

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Large Microwave Energy Pulse Hits Earth — Destroys Storm Near NZ

from dutchsinse:

Wall Street and the Military are Draining Americans High and Dry

from Counter Punch:

The United States (US) government often cites $18 trillion as the amount of money that they owe, but their actual debts are higher. Much higher.

The government in the USA owes $13.2 trillion in US Treasury Bonds, $5 trillion in money borrowed by the US Federal government from Federal government trust funds like the Social Security trust fund, $0.7 trillion for state bonds issued by the 50 states, $3.7 trillion for the municipal bond market (US towns, cities and counties), $1.97 trillion still owing by Freddie Mac and Fannie Mae, mostly for bad mortgages in years gone by, $6.23 trillion owed by US government authorities other than Fannie Mae and Freddie Mac, $1.04 trillion in loans taken out by the US Federal government (e.g. government credit card balances, short term loans) and $0.63 trillion in loans owed by government authorities (e.g. their government credit card balances, short term loans). As of April 1, 2015, according to the Federal Reserve Bank’s Financial Accounts of the US report, the government in the USA has $32.77 trillion in debt excluding unfunded government pension debts and unfunded government healthcare costs

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Scotiabank finally admits its mistake in holding back funds after a woman refuses to answer bank’s questions

from Ottawa Citizen:

“It’s my money,” says Kemptville resident Cathie Adeney, who believes Scotiabank should not have withheld funds from a Registered Education Savings Plan for more than two months because of her refusal to answer questions regarding her net worth and salary.

I was floored … I couldn’t believe it. I walked out of that bank without my money.
— Cathie Adeney

Driving home that day last May, she wondered what she was would tell her son, Jackson, who begins classes at Conestoga College in Kitchener next week and needed at least some of the funds to cover deposits and other expenses. Adeney ended up giving him money from her own pocket. “I told the bank: You’re creating a financial hardship.”

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Prophecies of Captain Doom: Famine, Floods, Fire, Fumes and Fighting

from ZenGardner:

[All caused by us pestilent humans, of course. What arrogant, fear mongering propaganda – with a touch of truth so he can be hailed as a prophet – of their engineered disasters no less. And all a calculated lead up to the UN “Sustainability” conference and draconian world takeover bid. – Zen]

President Obama – who graduated Columbia University with a degree in political science – became an environmental and ecological expert Monday night in time to decry America’s contributions to global warming and the alleged melting of Arctic ice caps at this year’s GLACIER Conference, predicting a dire future for humanity.

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US Military Training Events Spread Across Europe In Prep For War

from X22 report:

Episode 756b

Gold War III: What’s Next?

by Jeff Nielson, Bullion Bulls:

In Parts I and II; readers were presented with a hypothesis, and the facts/analysis available which supported that hypothesis. The premise of this trilogy of commentaries is that there could be a “gold war” that has now erupted between East and West, and (as with most geopolitical aggression) it was started by the West – specifically the One Bank.

The (apparent) opening salvo is a massive gold-fraud (and gold theft) which, according to all reports, is about to commence in India. As previously noted; India is the world’s largest repository of gold, with a massive accumulation of somewhere between 18,000 and 30,000 tonnes. The swindle is to take place as part of a “gold deposit scheme”, where Indians (and India’s temples) will hand over their gold to their government, in what is obviously a fraudulent transaction.

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