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Prepper Update of World Events for Week of October 10, 2016

The following summary of recent world events is decidedly negative.  This is not due to overt pessimism as much as the facts are just plain bad.  In fact, I didn’t even include events like the effects of Hurricane Mathew, the attack on our warship off the coast of Yemen, and the assassination of more police around the US.  The world is not getting any safer and indicators are all pointing to things worsening as we move into late fall and winter.  The following are major events you should be taking note of with short comments.

  • Situation in Syria: Syrian government forces backed by Iran and Russia continue to pound Aleppo and are nearing a strategic breakthrough.  All actors in Syria recognize that if Assad is able to recapture Aleppo from the Islamic extremists it will be the beginning of the end for Washington’s terrorist proxies in Syria.  As such, there is panic from Doha to Washington.  The terrorist coalition knows that it is now or never for major intervention, which may force the White House to order direct strikes against the Syrian regime, which undoubtedly will be countered by Russian retaliation.  This creates the potential for a rapid outbreak of a major regional war that could go global.  We have effectively arrived at the point I have repeatedly forecasted would occur in Syria where either Moscow or Washington accepts a massive strategic policy defeat or there is a major war…perhaps both.  This is inescapable at this point.  The best case scenario is if the US backs out by aligning with Russia to defeat ISIL and negotiate a peace deal that leaves the regime in place for now.  This is highly unlikely and if Hillary Clinton is elected, all but impossible.
    • I am forecasting that the US will continue to spread false anti-Assad and anti-Russian propaganda to drum up war sentiment in the US to prepare the public for the announcement airstrikes against Syrian military positions.  If the neo-cons within the establishment get their way the air strikes will happen, but there will be an immediate cost to US forces.  Russia will defend its positions on the ground and engage any US forces that directly threaten Russian lives and interests.  In this event, it is possible we will witness the first combat losses of US Fifth Generation Fighters, which Washington is rightfully terrified will occur.  The loss of these jets will show everyone how much superiority the US has lost against countries like China under Obama.  This will jeopardize the multi-billion dollar acquisition program that has been riddled with corruption, failures, and delays.  As such, it is far more likely Washington will lead with cruise missile and drone strikes that are easier to deny and hide if they fail to achieve their objectives, but are also much less likely to achieve decisive results.

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What today’s market collapse means for the future

Black Friday hit world stock markets causing almost three trillion dollars in losses. As I predicted, this summer’s crash initiated a far larger crash cycle that is now returning with a fury.  The Chinese contagion that was said to be “contained” by our leaders is anything but contained.  It is now clear China’s economic crash wasn’t averted; it was just temporarily masked and delayed.  Further, oil prices continue their steep decline and now are under 30 dollars a barrel.  Also, 2015’s economic numbers are in and 2015 was the year global economies fell back into chaos.  With compounding bad economic news in all markets globally, what can we expect going forward?

I have for years told advocates of energy independence that it isn’t $200 dollars a barrel for oil that I fear, but rather $20 a barrel. Most “experts” thought that by reducing our reliance on Middle Eastern oil supplies, we would somehow achieve greater stability.  I correctly warned that if you want to see real chaos, drop the oil prices to $37 or below.  Well, today, oil prices broke below the key technical floor of $30 per barrel and barring any intervention by Saudi Arabia to reduce oil production, we are going to soon test the $20 mark.  Even before hitting the $37 mark, it was clear stability in the Middle East had gone from really bad to near worst case scenario.  At the $20 per barrel mark something must break.  Whether Saudi Arabia takes and knee and gives into OPEC pressure to cut production or a war breaks out, no oil producing country can continue to endure this price point much longer.  This downward spiral in the oil market will only add to the vast problems in the Middle East and before the region rebalances, it is very likely more countries will collapse.  With near certainty, the old geographic boundaries of the Middle East will be completely redrawn and it is increasingly likely we are seeing the first waves of what will eventually turn into a major collapse of Saudi Arabia.  Read more

Buying Gold for Bartering and Prepping— Why is it Important to Have Precious Metals for Trade

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A common question asked by people preparing for a disaster situation in the future is whether they need to stock up on precious metals like gold and silver. These are supposed to help in trade and barter when something bad does happen. Gold has been used for centuries as a way to trade for other goods and services.

Whenever an economy collapses, people turn to precious metals for something solid in their lives (no pun intended). If you want to buy gold reviews are generally on the positive side. However, the metal is heavy. This can’t be denied. Is a stockpile of heavy gold the best way to prepare?

It is a good idea but…

Of course, a small amount of gold in your preparation kit is a very good idea. We say a small amount because the metal is both heavy and expensive. This means that having a large amount of the item in your bag is not a practical choice. For an idea of just how heavy the metal is, imagine a block that is just one cubic foot in volume. The weight of a block of this volume would be about 500 kilograms, which is over 1200lbs!

While it is a lovely thing to have in large amounts when the world falls apart, it is best not to keep it as an emergency item in your bugout bag. Instead, having a store of gold at your emergency shelter or bunker is a good way to make sure you have a base of operations as well as a stable form of currency to trade with when it is necessary to resupply on your essentials like food, water and weapons.

Types of gold

Bars – These are one of the heaviest types out there. A single bar can weigh about 27 pounds. It is also incredibly expensive. In fact, you could buy and build a great defensive shelter for the cost of a couple of these bars. Having big bars is definitely not one of the best ways to be prepared for post-collapse trade. The thing you have to remember is that nobody is going to have change for the big bars. After all, it is a survival situation, not the Federal Reserve.

Gold powder – This is definitely one of the better ways in which to have gold for bartering. It is an easy way to measure nearly exact values for trading with. However, it can be hard to find unless you spend a week filing bars of gold down into powder. It is also really easy to misplace and get blown away in the wind. Even without currency, a loss of gold powder is going to hurt you to no end.

There are so many more options that you can choose from when you are considering buying gold in preparation for a survival situation. The best advice that you can follow is to think practically before you leap into a purchase. The last thing you need is to be lugging around a survival bag that weighs more than you do while trying to escape from the hordes of zombies out for your blood. Consider all the types of gold that are up for grabs with a rational mind. In addition, make sure you think about the importance of gold compared to essentials for survival. With the right thought processes and the motivation to be prepared, you are sure to be game for anything that comes your way. Good luck, trade wisely, and stay alive.

Economic Collapse Begins: US Government and central planners launch cyber attack on New York Stock Exchange and then blame China

As I warned on Monday, all of the signs and conditions for the markets to begin their crash were in place.  I specifically said to watch China, Greece, oil, and bonds.  As of today, the markets were a disaster.  Even after substantial intervention by central banks, the markets are still crashing globally.  This has the potential to spiral out of control very quickly as the Chinese stock market has already lost nearly 40% of its value erasing trillions in a matter of hours.  As such, it appears the central planners are losing the ability to manipulate markets higher.  The market conditions now are pointing to a severe market correction and everyone should take action to protect any wealth they have managed to accumulate or risk major losses over the next 48 hours.  Ominously, this crash is also being used to provoke a war with the Chinese to distract the population from the fact our leaders have criminally obliterated the US economy.

Most consequential at the moment, it appears the central planners in China have so far been unable to stabilize their markets and halt the collapse in their stock market.  I noted this would be a key factor to monitor this week as an indication of whether or not the markets were going to move toward correction.  Read more

Has the Great Economic Collapse Begun?

Over the last two weeks, major movements have been taking place economically across the globe.  These events are moving international markets into “correction” territory, but cumulatively, could quickly spiral into a global meltdown of markets.  Although, the US hasn’t reached critical mass and may actually experience a short term strengthening of markets as international markets flee to the US for safety; the signs of a major crash are now flashing red.  What should you look for and what can you do?

Four major places to watch right now are Greece/European Union (EU), China, oil, and bonds.  Greece has the potential to start a ripple effect against austerity across the EU triggering a banking run, panic, and global losses.  This could unhinge the massive derivatives market and alone cause a global economic collapse.  China is so big now that the recent losses in their market will spread globally this week if the losses are not stabilized.  Any major downturn in China’s economy will further increase the already saturated oil market driving the price per barrel even lower.  If oil continues to drop and stay low, US oil producing states will feel this the hardest, which will sharply increase US unemployment numbers.  The loss of high paying jobs will throw even the totally fudged US financial numbers clearly back into recession territory and drag the world back down with it.  Finally, the bond market has seen a liquidity crunch that likely will only get worse.  If governments can’t manage to keep their bond yields low, the already massive debt loads (and payments on interest) these nations are carrying will explode and force them into financial crises far worse than anything Greece is facing.

Presently, the situation in Greece is very serious.  Read more

Walmart’s Staggering Profit Drop is the Canary in the Coal Mine for US Economy

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February 20, 2014:  Today the world’s largest retailer posted a staggering 21 percent drop in fourth quarter profit and.  Walmart quickly blamed bad weather and cuts to food stamps, but this is a weak excuse at best.  Even Walmart doesn’t seem to buy their excuses because they slashed their profit forecast for the rest of the current year.  Per Walmart’s rationale, the cut would only be justified if they expected more snow this summer!  A closer look reveals a much direr situation in the US economy.  As the world’s largest retailer, a near quarter drop in profit is the proverbial canary in the coal mine for the US retail market.

Contrary to the endless spin vomited by the US mass media and Obama White House, the economic reality is grave.  The US economy never recovered and is about to fall off another, much larger cliff.  As a result of inflation, un/underemployment, high taxation, suffocating regulation, sky high food and fuel costs, centralized economic planning, massive debt, and an industrial base that has gone overseas, the US economy is now in shambles.  For the majority of Americans, they have witnessed over the last decade a near total destruction of their wealth and a rapidly deteriorating standard of living.  Americans no longer have the disposable income they enjoyed just six years ago and as a result are not spending money.  This fact has been demonstrated by repeatedly bad retails sales numbers that go much further back than any snowstorms can justify this winter.  As a result, the retail sector of our economy is suffering the initial brunt of the next wave of collapse.  The result of this will be a tidal wave of retail stores shuttering store fronts this year.  Already there are historic levels of vacant retail space in the US and this datum point is set to rapidly rise.

Consider that Wal-Mart earned $4.43 billion in the quarter that ended Jan. 31, 2014, which was over a BILLION dollars less than its posted $5.6 billion earnings for the same quarter just a year earlier.  A billion dollar difference!  The weather and food stamps simply are not sufficient to justify this near one quarter loss in profit.  For starters, let’s dispatch the snowstorm myth.  Every winter, including last winter brought cold weather and snowstorms that spread across the country.  Demolishing the food stamp myth is even easier.  First, if the majority of shoppers at Walmart are welfare and food stamp recipients, our country has already gone over the edge and no longer has a productive middle class.  This stat alone would spell disaster for the US.  Second, and more specific to dismantling the Walmart alibi, the amount of people and thus the overall amount of money paid out in food stamps actually increased over the period.  That would mean their profit from food stamp recipients should have gone up now down.  Furthermore, even though the food stamp programs’ overall $80 billion annual budget was only cut by about $4 billion, Walmart seems to think it alone endured over a billion dollar loss as a result.  Only a fool could conjure this type of math knowing full well that would represent well over 100% of what has allegedly been cut to date in payouts from the program.

Walmart’s excuse for the collapse in profits is a pure lie to placate stockholders and the real data are far scarier.  Illustrative of this fact is that Wal-Mart itself reports that its stores, which account for about 60 percent of its business, recorded their fourth consecutive quarter of revenue declines at stores that have been open at least a year.  This revenue report undeniably shows that revenues were dropping long before any snowstorms or cuts to food stamps.  No business, not even Walmart can withstand near 25% quarterly drops in profit for long.

What we are witnessing now is the collapse of retail, which will ripple throughout the economy in the form of job losses, higher unemployment, and even less income.  This will undermine government tax revenues, kill manufacturing, pop the housing bubble, and cripple the overall economy.  As we have been warning, the next, much bigger, economic collapse is nearing and you need to prepare.  Woe be the economist that shrugs off consistent reports of massive retail losses; especially, when they are coming from the world’s largest retailer.

 

By Guiles Hendrik

February 20, 2014

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The Next Manufactured War: China and the Pacific Theater Take Center Stage

As we have exhaustively written and warned in previous articles, a new war will need to be manufactured to continue to justify the continued redistribution of billions of taxpayer dollars to the military-industrial complex financed by the big banks.  The titans of the defense industry and the loan sharks of the banking world cannot afford peace and will stop at nothing to create fear and war to ensure their wealth is secure.  The United States economy has not made a true comeback as has been touted by the media and falsified government reports and soon the bubble the Federal Reserve created will have to be deflated.  To keep the public distracted and the money flowing, a new plan to create fear, instability, and possibly war in the Pacific has now begun.

It is becoming increasingly clear that no matter what deal is or is not struck in Afghanistan respective of continued troop deployments, NATO and the US forces are going to be forced to retreat within the next 12 to 18 months.  The Taliban’s (Pakistan’s) strategic victory is all but assured now, which will make future occupation by U.S. personnel impossible.  Further, the movement toward war with Iran by way of Syria has been temporarily checked by Russia until Israel can build enough clandestine support behind the scenes to sabotage any future peace deal or unilaterally attack Iran.  As such, the military-industrial complex has turned back to its fear mongering and war propaganda to begin conditioning the public that North Korea and China are again dire threats that must be stopped at all costs and that war could break out at any moment.  Of course this hyperbole is used to justify the “need” for new advanced weapons, continued funding of obsolete, redundant, or unnecessary defense systems, and to generally control the masses.  As a nation we have witnessed this ploy over and over resulting in unnecessary wars from Vietnam to Iraq that have cost millions of lives and trillions of dollars worldwide.  The wanton destruction wrought by these industry power plays can’t be understated.  For example, as we reported in the spring of 2013, North Korea was rebranded as a strategic missile threat overnight and then only weeks later forgotten after the defense-aerospace industry scared Congress and the public into refunding their missile defense programs that have been wasting billions of tax dollars and were rightfully on the sequester chopping block.  The fact that the bankers and defense propagandists nearly started World War III didn’t matter a bit because no matter whether or not war broke out, it was you and I that would have to bleed, pay, and die for their fortunes.  This process of fear mongering and dangerous brinkmanship is a trademark defense industry ploy used to make sure you continue to write them checks for billions of dollars without question.  Without question, it is one of the most diabolical, destructive, despicable, and immoral of all lies repeatedly pushed on the citizens of nations.

Fortunately, the American people have to some degree grown war weary and have been sensitized to the lies of war propaganda.  This is good and bad.  It is good in that the simplest of lies will no longer suffice to convince the American people to once again go to war and bleed and pay for the elites to become wealthier.  However, the elites recognize this and will conduct even more aggressive and despicable acts to create the conditions for war.  For illustration, just this year in Syria, a false flag chemical weapons attack was launched against innocent civilians in an attempt to frame the Syrian regime and justify the US becoming involved in yet another war in the Middle East.  It is important to note that this attack using weapons of mass destruction was resorted to after numerous lesser attempts to “convict” the Syrian regime in the minds of the public and precipitate a war had failed.  This included launching mortar rounds into Israel and Turkey, launching air attacks into Syria directly from Israel, directly providing training and weapons to known terrorists operating in Syria, repeatedly violating Syrian airspace so that they would shoot down a NATO jet, and persistently trying to brand the radical Islamic jihadists of the revolutionary forces as a peaceful, unified, pro-US, Free Syrian Army.  All of these acts were designed to either directly or indirectly illicit a defensive response from Syria, which Washington could then spin into an act of “aggression” to justify retaliation and war.  The Syrian example is just one of many illustrating to what deranged extremes our hijacked government will go to to force the US into another unnecessary war and is a cautionary tale of things to come.

Relative to the recent wars in the Middle East, a war in the Pacific promises to be far more devastating and has the real possibility of involving nuclear weapons and electromagnetic pulses designed to wipe out all unshielded electronics.  However, “devastating” translates to windfall profits for the defense industry and their financiers on a scale not seen since World War II.  A war or even the threat of war with China would mandate trillions of new defense spending financed through loans to the US government (ironically, this new debt would probably be bought by China).  New high tech weapon systems would have to be fast tracked into service and even more draconian surveillance and cyber warfare systems would also be justified to “protect” the homeland.  The Defense Department would once again get a blank check unlike any before from Congress to pursue an entirely new portfolio of overpriced defense programs, many of which, would target the American people as much as foreign entities as the current “War on Terror” has demonstrated.

The march toward war in the Pacific will be far more costly and devastating than even the worst case scenarios for the Middle East if allowed to move forward.  Not only will the US suffer a total economic collapse, but unprecedented death and destruction if the game of brinkmanship is overplayed and China and or North Korea call our bluff.  China is not an ally of the US, but is also not any more of a threat than we decide to create.  If you want to check China, it will be best done through effective economic competition and by strengthening our freedoms and liberties at home.  Runaway defense spending will only weaken the US.  Stop giving China preferential trade status, stop creating massive debt at home, stop educating China’s military scientists, stop allowing China to steal our most sensitive secrets, stop providing China and North Korea aid, and hold the line on our sphere of influence.  At home we have to cut taxes on citizens as well as reduce the overwhelming bureaucratic weight of endless regulations and taxes on businesses.  We need to protect our workers, our products, our technology, and our industry by not undermining them with imbalanced trade deals favoring offshoring and overseas manufacturing.  We also need to secure our borders, dismantle the surveillance state, cut the size of government, wean the population from state dependencies, and become as individuals and a nation much more self-sufficient.  Cutting the Defense Budget will go a long way to neutralizing the financial influence the military-industrial complex has over US policy and would strengthen, not weaken the security of the US.  All of these actions will go far toward reigning in massive and unnecessary spending and debt.  The media must also be returned to its watchdog status of the government and be purged of its recently assumed role as the public relations arm of the political parties.  No American interest is served by a biased media.  Failure to provide honest, unbiased, and factual news to the American people will lead to further deceit, loss of liberties, degradation of our quality of life, and potentially devastating wars.

Once again we are here warning the public of what is transpiring behind the scenes and are the first to bring it to you.  The best way to battle this latest escalation toward war is to become informed, know the facts, and make sure others are educated as well.  Neither the media nor the government can lie to you if you independently have sought out and found the truth.  Take this truth to the internet, the airwaves, the cable news programs, your local clubs…anywhere you can find an audience.  By exposing the lies and replacing them with knowledge and facts you can collectively disrupt and stop the plans of the defense and banking industries and their puppets within the government.  Those of you who serve the government; especially in the military, have an obligation to the American people and the Constitution to also speak out, to refuse to become an active participant, and to stop these unconstitutional and thus illegal and immoral actions.  Only through action can we overcome these true threats to the US, the gravest of which, have originated internally.

By Guiles Hendrik 

December 11, 2013

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