Category Archives: Finance
Survival Expert Warns To Double Down On 2017 Prepping – Terrifying End Game May Await The Unprepared
‘There’s nothing like hunger to ‘inspire’ the angry mobs – it has happened before in history, it will happen again.’
In the new video below featuring former US Army Intelligence operative and survival expert James Wesley Rawles from SurvivalBlog.com along with Dave from the X22Report, we’re told that despite the fact America just dodged a major bullet with Donald Trump’s election, depending on how events develop over the next several months and into the next year, the greatest turmoil may still be ahead of us. Warning us all to kick our prepping into overdrive, Rawles urges us several times to ‘double-down on our preparations’ as he still expects the globalists may try to bring down the global economy between February and November of 2017.
Special Drawing Right SDR
September 30, 2016
The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. As of March 2016, 204.1 billion SDRs (equivalent to about $285 billion) had been created and allocated to members. SDRs can be exchanged for freely usable currencies. The value of the SDR is based on a basket of five major currencies—the U.S. dollar, euro, the Chinese renminbi (RMB), the Japanese yen, and pound sterling—as of October 1, 2016.
The role of the SDR
The United States is teetering on the edge of financial disaster. The conditions are so severe it could happen by tomorrow, next week, or next month. Everywhere we look, the economic news is grim.
Earlier this year, the Bank of Scotland is telling clients that 2016 is going to be a “cataclysmic year” and that they should “sell everything”. Deutsche Bank failed all of its stress tests as have every other bank.
The collective market value of companies listed on the S&P 500 has dropped by a trillion dollars since the start of 2016, and panic is spreading like wildfire all over the globe. RBS, is on the record saying that the only logical thing to do is to “sell everything” except for high quality bonds. Our largest bank, J.P. Morgan Chase, is “urging investors to sell stocks on any bounce”…
If we are witnessing the world’s free fall into a major global deflationary crisis, the price of oil needs to get back above 5$0 a barrel. Yet, Dallas Federal Reserve Chief, President Robert Kaplan, recently stated that the price of oil is going to stay very low for the next several years to come.