The Economic Sign of September 24th, 2009

The following interview reveals the unannounced intent of the G20 meeting in Pittsburgh.  Gold is money and fiat currency survives on perception and the willingness of society to put confidence in a governing entity.  The intent is to bring forth a global currency and let the dollar die a slow death. With over $60 Trillion in liabilities, the U.S. is between a rock and a hard place.  The IMF is the anointed entity by the powers of the current system to be the global bank and is a precursor to a one world government.

James G. Rickards is Senior Managing Director for Market Intelligence at Omnis.  He provides a clear and concise assessment of the battle raging in the markets relative to the U.S. Dollar vs. gold & silver.  One must remember that the market is bigger than any government and will ultimately win the battle.

Can the Fed control an orderly decline of the U.S. Dollar?  Their track record suggests that they can’t.

Will the market remain asleep during this decline?  History tells us that volatility and sleepless nights are ahead for many.

 

 

Kevin Warsh, Fed Governor’s op-ed piece: http://online.wsj.com/article/SB10001424052970204488304574433041058334138.html

 

The most applicable phrase in Scripture for this sign is: “Then suddenly”!

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