So why is Obama going to Asia? World Gold supply is exhausted, Dollar is falling like a rock, and the USA needs to borrow money from China to fund more troops to Afghanistan
US Army Veteran
our way to a third world underdeveloped nation by 2012. Citizens should
start stock piling rice, beans, water, temporary shelter, fuel, and prepare
for the worse depression to ever hit the world because the USA is going
down.
The man who predicted the 1987 stock market crash and the fall of the Soviet
Union is now forecasting revolution in America, food riots and tax
rebellions - all within four years, while cautioning that putting food on
the table will be a more pressing concern than buying Christmas gifts by
2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his
accuracy in predicting future world and economic events, which will send a
chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that
there will be a revolution marked by food riots, squatter rebellions, tax
revolts and job marches, and that holidays will be more about obtaining
food, not gifts.
"We're going to see the end of the retail Christmas..we're going to see a
fundamental shift take place..putting food on the table is going to be more
important that putting gifts under the Christmas tree," said Celente, adding
that the situation would be "worse than the great depression".
"America's going to go through a transition the likes of which no one is
prepared for," said Celente, noting that people's refusal to acknowledge
that America was even in a recession highlights how big a problem denial is
in being ready for the true scale of the crisis.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the
subprime mortgage collapse and the massive devaluation of the U.S. dollar,
told UPI in November last year that the following year would be known as
"The Panic of 2008," adding that "giants (would) tumble to their deaths,"
which is exactly what we have witnessed with the collapse of Lehman
Brothers, Bear Stearns and others. He also said that the dollar would
eventually be devalued by as much as 90 per cent.
The consequence of what we have seen unfold this year would lead to a
lowering in living standards, Celente predicted a year ago, which is also
being borne out by plummeting retail sales figures.
The prospect of revolution was a concept echoed by a British Ministry of
Defence report last year, which predicted that within 30 years, the growing
gap between the super rich and the middle class, along with an urban
underclass threatening social order would mean, "The world's middle classes
might unite, using access to knowledge, resources and skills to shape
transnational processes in their own class interest," and that, "The middle
classes could become a revolutionary class."
In a separate recent interview, Celente went further on the subject of
revolution in America.
"There will be a revolution in this country," he said. "It's not going to
come yet, but it's going to come down the line and we're going to see a
third party and this was the catalyst for it: the takeover of Washington, D.
C., in broad daylight by Wall Street in this bloodless coup. And it will
happen as conditions continue to worsen."
"The first thing to do is organize with tax revolts. That's going to be the
big one because people can't afford to pay more school tax, property tax,
any kind of tax. You're going to start seeing those kinds of protests start
to develop."
"It's going to be very bleak. Very sad. And there is going to be a lot of
homeless, the likes of which we have never seen before. Tent cities are
already sprouting up around the country and we're going to see many more."
"We're going to start seeing huge areas of vacant real estate and squatters
living in them as well. It's going to be a picture the likes of which
Americans are not going to be used to. It's going to come as a shock and
with it, there's going to be a lot of crime. And the crime is going to be a
lot worse than it was before because in the last 1929 Depression, people's
minds weren't wrecked on all these modern drugs - over-the-counter drugs, or
crystal meth or whatever it might be. So, you have a huge underclass of very
desperate people with their minds chemically blown beyond anybody's
comprehension."
ref:
http://www.trendsresearch.com/
http://www.infowars.com/celente-predicts-revolution-food-riots-tax-rebellions-by-2012/
Barrick shuts hedge book as world gold supply runs out
from:
http://www.telegraph.co.uk/finance/newsbysector/industry/mining/6546579/Barrick-shuts-hedge-book-as-world-gold-supply-runs-out.html
Phlip
House...