A Crisis Unlike We Have Seen In Human History

Sprott Money's picture







A Crisis Unlike We Have Seen In Human History

Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL)





I sat down with John Rubino of Dollar Collapse to discuss the current state of our economic world. In a very lively conversation, we hit some of the more pressing items of the day. John has done a fantastic job of documenting the demise of the dollar since he co-authored ”The Collapse of the Dollar” with James Turk back in 2004. John’s insights and analysis are top shelf and he should be on everyone’s list of people to follow.


How many “emergency” “secret” meetings do the central planners around the world need to have before the citizens of the respective countries begin to fully understand and take notice that something is very, very wrong? This year alone there have been several off-calendar meetings with, at least, one more now added to the docket.


The G-20 central planners have scheduled an “emergency” meeting for summer 2016. What will the topics be? Could it possibly be the fact the global economy is on the verge of total collapse? With the Baltic Dry Index, Shanghai Containerized Freight Index, not to mention commodities, all spiraling out of control to the downside, do you think there may be a reason for these people to be concerned? My guess is they could care less and are simply meeting in order to determine how the remaining wealth, in their respective countries, will be divided as the global economy continues grinding to a halt.


If one simply looks at the following line-items, it is clear for anyone to see something is about to hit the fan and it’s not anything anyone wants hitting the fan.


  •  45 million people in the U.S. on food stamps
  • some estimates as high as 10 million refugees flooding into the European Union
  •  non-stop wars of aggression involving NATO, Russia, Syria and several other countries
  • financial crisis that began in 2008 has not been addressed and the problems that started that year have grown larger and far deeper
  •  banking system in the European Union, especially Italy, is under enormous stress due to faulting/fraudulent accounting
  •  Federal Reserve balance sheet at $4 TRILLION – U.S. debt at $20 TRILLION and counting
  •  United Kingdom/Britain and the Brexit movement that is taking root
  •  U.S. Presidential candidates, Donald Trump and Bernie Sanders, garnering global attention as the citizens of the U.S. seek alternatives to the current embedded criminal politicians.
  • Japan instituting a Negative Interest Rate Policy (NIRP) for their sovereign bonds – Japan has basically been in a recession for over 20 years
  •  China is manufacturer to the world and with economies slowing down or shutting down, there is no reason to manufacture products


These are just a few of the items that are currently hampering growth for individual citizens and individual Western nations. Currently, there are just too many holes that need to be filled and the central bankers are losing control and the people are losing faith in the narratives they are being fed. Once faith is lost, en masse, the show will become a lot more interesting and a lot more dangerous.


In order for the show to remain at arm’s length, people need to understand their role in what is happening. We must have certain items in our possession at all times in order to avoid being swept away in the wave of economic collapse. Will this be a wave like you would see on TeeVee? Of course not. The “wave” was launched in 2008 and has been gathering momentum ever since. It will simply wash over your remaining wealth and leave you even more destitute than in your current situation.


Silver, gold and lead are must-haves for the rising tide of uncertainty. Long term food storage and the usual storable items that make your house a home need to be at the top of the list. There is plenty of information to help you get your house in order and there has never been a better time to keep the shelves stocked than right now.


Will this implode tomorrow or next week or next month? Who’s to say? What can be said is this: it is happening - your wealth is being drained at this moment. The central planners are absolutely terrified of something, otherwise, the continual “emergency” “secret” meetings would stop.


When an animal senses danger, they become irrational, their behavior becomes erratic and their actions unpredictable. This is exactly what we are witnessing with the central planners around the world. It is time to begin taking these signs seriously and putting into place personal protection, at all levels, in order to weather the storm and don’t forget the popcorn.



Please email with any questions about this article or precious metals HERE



A Crisis Unlike We Have Seen In Human History

Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL)

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vincent's picture

The world economy runs on consumerism. Consumption is slowing. The enlightened slow consumption by choice, and the unwashed through necessity. Trading paper money for real money will never go mainstream, which means the enlightened will prevail while others continue their lives of slavery and desperation till they gork out. I'm a Gen X'er who still understands that sacrifice is necessary and responsible. Look around and you'll see disinterest, indifference, denial and a fair amount of desperation already. They won't change because they don't know how. They believe education was over after the 12th grade or once they overpaid for a piece of paper. The best advice I ever got was to supplement formal education with practical study. I've tried to pass stuff along to those who show some desire and intelligence. What I observe is a passing interest, lack of motivation, and no desire to understand the world around them. Too busy with life? Preoccupied with shit? Always an excuse not to pay attention. Gossip, drama, and reality TV is the new hip lifestyle. Our Masters have been successful beyond their hopes and dreams.

I've spent this past year being extorted by my local Government. They violated my property rights and civil rights. They destroyed my possessions, manufactured evidence and lied to a Court in order to justify it all. There is no way to fight back and they know it. Slowly others are realizing that this will become much more commonplace, and those who currently exist in oblivion will not wake up until it's too late. I'm done reaching out. The slow grind will continue until it doesnt. Get prepared and stay prepared

trollster's picture
trollster (not verified) May 26, 2016 12:48 PM

Anyone who writes that something will collapse should put their money where their mouths are to get even a little credibility.

I guess, the dollar keeps collapsing since 2004 when he wrote the book...

golden raccoon's picture

Gold is up 200% since the book was published in 2004  ... that should provide a bit of the "credibility" you seek.

lasvegaspersona's picture

For thse considering Gold, silver and lead'...just remember...gold is the sure thing. Silver is attractive to those who are playing the odds that the gold:silver ratio will close. Buy gold first! Forget that you only get one ounce of gold when you could get 75 ounces of silver. If you want weight buy iron.

Gold is the only metal central banks now use. If they have anything to say silver will be reduced to a mere industrial metal like palladium.

I have a little silver but BUY GOLD FIRST!!

38BWD22's picture




1/10th oz Gold Eagles only cost some $140 or so.

amanfromMars's picture

How many “emergency” “secret” meetings do the central planners around the world need to have before the citizens of the respective countries begin to fully understand and take notice that something is very, very wrong? This year alone there have been several off-calendar meetings with, at least, one more now added to the docket.

Fully understanding, or even just understanding little enough about how everything works so badly internetworking, is what established vulnerable and corrupted systems are terrified about nowadays. And quite rightly so whenever they conceive to proceed on a not dissimilar course of actions to save their souls from accountablity and responsibility for so many woes and foes.

Read IT and weep and/or rejoice, for things just aint what they used to be ...


amanfromMars 1 Thu 26 May 16:17 [1605261618] ….. sharing some breaking news on http://forums.theregister.co.uk/forum/1/2016/05/26/uk_cyber_security_centre_blueprint/


Cutting the cake into ever diminishing slices doesn't feed nations what they need to seed


"The Centre will bring together the capabilities already developed by CESG – the Information Security arm of GCHQ – the Centre for the Protection of National Infrastructure, CERT-UK and the Centre for Cyber Assessment, allowing us to build on the best of what we already have, whilst significantly simplifying the current arrangements," Martin said in a canned statement contained within the prospectus.


That seems far too much like more of the same old stuff and guff, but in smaller bits and pieces, to be anything different than just the usual type of merry-go-round jobs for ye olde boys club. It can hardly be lauded as anything earth shatteringly new and revolutionary/smarter evolutionary.


It, the National Cyber Security Centre, will provide though another juicy target for both pilots and pirates of tasty cyberwar/cyberwarefare and every conceivable variant of discriminating vapourware. 


And I thought the Government was into austerely reducing the size of the public sector office space, not adding to it with another experimental place of high endian worship? :-) They make everything up as they go along every day, don't they? That how everything works, so badly and madly, isn't it.


And when that is the real truth of existence, both yours and theirs, is it and IT an abiding titanic vulnerability extremely easily exploited by the wealthy in search and deployment and employment of  smarter zerodays. Indeed, executed as a weapons systems, is IT somewhat invisible and intangible and a NEUKlearer HyperRadioProActive AI Bombe and a quite perfect enough ERW in both the right and wrong sort of hands, hearts and minds. And that perversely enough makes its manufacture and stockpiling and global stationing, extremely valuable. 

moneybots's picture

"The G-20 central planners have scheduled an “emergency” meeting for summer 2016."


Is it an emergency meeting if they schedule it that far in advance?

MotherAyahuasca's picture

Did you know that June 19th (less than a month) marks the start of the summer so far as these madeup stuff goes?

marathonman's picture

Is that when the Shemita starts?

Iconoclast421's picture

But all that debt... that means all time highs! BTFATH

Dark Daze's picture
Dark Daze (not verified) May 26, 2016 8:00 AM

Gold and silver are difficult to deal with, no doubt about that. They are hard to store, costly to trade, subject to confiscation (if you were transiting different borders for instance), BUT they most definitely are MONEY, regardless of what the criminal FED-heads say.

It only makes sense these days to have a portion of your wealth in a holding that can be moved at will wherever you wish to be, or need to be. IMO it will take a very big existential shock to lead people into an all out panic into gold and silver, however, having said that, the Canadian mint and US mint are on track to sell nearly 100 million ounces of silver this year, far above previous sales records, so, the herd knows that SOMETHING is going on and they want to have some protection.

I was speaking with my long time friend in Canada the other day and she has a job that puts her in contact with a lot of people over the course of a week. She says things are just this side of full blown panic there, with most people expressing to her that they want to get out, to go somewhere safe where they can survive without having to endure a brutal winter.

When ordinary people start saying those kinds of things, you know the end is almost upon us, or at least the beginning of the end. Act accordingly.

meterman's picture

Ah Yes - Yet another GOLD HUCKSTER speaks. They started this song in 2004-now 2016. When may this dark world materialize - 3016 maybe???

Don't burn up your engine racing to Costco to "Stock-up". 

golden raccoon's picture

Gold is up 200% since the book was published in 2004  ... that should provide a bit of the "credibility" you seek.

DaveyJones's picture

history's lessons are on which side of your comment?

please tell us how debasing currencies turn people away from hard assets including limited physical assets (impossible to reproduce) used as currency.

Lucky Leprachaun's picture

I know the markets are rigged but still, the collapse of stocks and the revaluation of gold is takinga hell of a long time to happen.

slimycorporatedickhead's picture

The collapse is initiated by the people. The world stops settling trade in dollars, they have no value. The naysayers say when is it going to happen? it hasnt happened yet therefore it never will. Its like asking, what will it take to get people to realize WTF is going on. Negative rates? losing there house? losing there purchasing power? being taxed 50%? 60%? how about 99% taxes? will that get people to figure it out. If you're in power why would you want to collapse everything?

Transformer's picture

That's kinda how it goes.  Hemmingway was asked "How did you go bankrupt?"  His answer... "Two ways... gradually, then suddenly."

Latitude25's picture

Ah yes.  Another fiat lemming about to go over the insolvency cliff.

meterman's picture

To the all knowing "Latitude25"

Ah yes - You are obviously yet another Gold stacker fingering his half dozen Buffalos confident that the Sinclair prediction of 10K/oz Golod is just around the corner. How about you buy $500,000.00 in Buffalos and then watch your wealth plummet 40% - then get back to me with your "lemming" sh*t. 

1033eruth's picture

You're inferring something that isn't there.  But I do notice that as of this moment, there are 6 gold bible thumpers promoting the passive gold Ponzi scheme.  

A great deal of the energy on ZH is devoted towards promoting the gold ponzi scheme.  Its kind of like a little club of Midas's.  The extremely odd thing is, this little club doesn't like to think they are participating in a ponzi.  However, every time you turn around, they are promoting it in their posts.  THAT MY LITTLE GOLD BUGS, is one of the keys indicators of a Ponzi.  When the participants are constantly crowing the benefits of the return.   

slimycorporatedickhead's picture

you're saying owning physical gold is a ponzi scheme? lol

1033eruth's picture


Otherwise shut your mouth about it.  Does anybody constantly go running around crowing about their stock in Exxon Mobile?  No they don't because its an INVESTMENT.  

If you bought it for insurance - great.  If you bought it for investment and then feel the need to shout from the rooftops about how clever you are.  Then you know you're in a Ponzi scheme.  

Its always the dimwitted fucks that feel the need to laugh in their posts.  Just like you're unaware and uninformed about what constitutes a Ponzi scheme, you're also unaware that only idiots laugh in their posts.   

SillySalesmanQuestion's picture

I'm sure that you will have a moment, or two to reflect on your "head in the sand" approach to things later, rather than sooner...

Latitude25's picture

Problem is you forgot about the over 2 billion gold bible thumpers in asia.  Reality's a bitch when you're in the minority huh?

1033eruth's picture

That would be a direct lie.  

Here in the US, most people live paycheck to paycheck and yet there are 2 billion gold owners in Asia?

Again, more symptoms of gold bugs pumping the Ponzi is to lie extravagantly about the scheme.   

Darth Rayne's picture

Everyone always wants to know when, especially traders. The answer should always be the same, when 1 or may be 2% of the population panic and start attempting to 'cash out' their investments.

Obviously, central banks can buy every financial asset on the planet at par. The FED is currently at the four trillion mark and can create hundreds of trillions more. Unfortunately, this isn't without consequences.

Spend ten minutes or so a week here, https://davidwatkinson.blogspot.co.uk and begin to understand the FED's difficulties which are ultimately our problem.

This is just a symptom of a larger problem

JRobby's picture

The FED will be over $10 trillion when the riots have commenced worldwide. By then, $10 trillion will be worth less than $1 trillion but mark to market (Laugh Track Deafening) or any accounting "standards" are long forgotten and the rats are gone.

bluskyes's picture

Once the assets are all held by corporations, they can make a new currency for people to buy them with.

petolo's picture

Fortunately this isn't without consequences.