Economist Financial Collapse Will Cause Civil Unrest To Erupt In America By 2016.pdf (PDFy mirror)

0.09 MB·English

Economist: Financial Collapse Will Cause Civil
Unrest To Erupt In America By 2016
by PAUL JOSEPH WATSON | NOVEMBER 6, 2014
Rampant corruption combined with economic woes to spark "revolution"
Economist Martin Armstrong is predicting that rising resentment against the status quo as a result of
economic inequality is likely to cause a serious political uprising before 2016.
“It looks more and more like a serious political uprising will erupt by 2016 once the economy turns
down. That is the magic ingredient. Turn the economy down and you get civil unrest and revolution,”
writes Armstrong.
In making the forecast, the economist cites the case of 90-year-old World War 2 veteran Arnold Abbott,
who is being targeted by authorities in Fort Lauderdale for defying a newly passed city ordinance that
criminalizes feeding the homeless, an example says Armstrong of how “laws in the USA have simply
gone nuts.”
Armstrong, who correctly predicted the 1987 Black Monday crash as well as the 1998 Russian
financial collapse, asserts that the downfall of the system will be its inability to gauge the anger that
Americans currently feel towards their government.
“You just cannot make up this stuff. And the Democrats cannot figure out that the people are getting
pissed-off at who is ever in office? And what about the police?” asks Armstrong. “Is this just turning
into thugs with badges who just enforce whatever law some nut-job politician writes? What if they
passed a Herod type law to curb population and decree that everyone must kill their first-born. When
does reason ever return to the police force these days? They no longer protect the people – they protect
the politicians against the people.”
As we reported back in August, the U.S. Army is preparing for civil unrest in the United States. A 132-
page document entitledU.S. Army Techniques Publication 3-39.33: Civil Disturbances outlines how
troops may be required to deal with “unruly and violent crowds” where it is “necessary to quell riots
and restore public order.”
Riots which rocked Ferguson, Missouri earlier this year and threaten to reignite should Officer Darren
Wilson be acquitted illustrate how single events can spark sustained social unrest.
However, more widespread dislocation is only likely to occur in the aftermath of an economic collapse
which impacts a huge number of Americans. As we have seen in numerous countries across Europe,
including in Belgium just today, crippling austerity measures combined with anemic economic growth
have set the stage for violent unrest.
In a February 2013 article entitled Why the Banking Elite Want Riots in America, we outlined why the
political class is perfectly content to engineer and exploit social unrest as a means of paving the way for
the IMF to engage in its tried and tested method of asset stripping and looting a nation.
With polls showing some 74% of Americans are already angry or dissatisfied with the government,
further economic hardship could prove to be the straw that breaks the camel’s back.
U.S. Mint Sells Out Of Silver Eagles Following
“Tremendous” Demand
by ZERO HEDGE | NOVEMBER 6, 2014
Continued price collapse for precious metals driven by ever greater demand!?
When it comes to buyers of physical assets as opposed to traders of paper representations of such
assets, there is one key difference: the latter, more than anything, enjoy looking at “heatmaps”, chasing
trends and jumping on momentum, the result being the most recent massive selloff in such “paper”
representations of precious metals as the GLD and SLV ETFs, and various gold futures.
On the other hand, those who prefer to hold the metal in their hands, as well as others such as China
whose ravenous appetite for gold over the past 4 years has been extensively covered here in the past,
take every advantage of selloffs, and – inconceivably – demonstrate how Econ 101, namely supply and
demand, really works, leading to ever greater demand the lower the price. Demand so high, in fact, that
the underlying commodity that is being sold through paper conduits, sells out.
This is precisely what happened at the U.S. Mint, which just sold out of all silver American Eagle
silver bullion coins, following “tremendous” demand in the past several weeks, according to Reuters
reports.
This should hardly come as a surprise: over the weekend we reported that “Silver Coin Sales At US
Mint Soar To Highest In Two Years.”
Sales surged to 5.79 million ounces, the most since January 2013, the month that set an all-
time high at 7.5 million, Bloomberg reports. “Today, sales jumped 33 percent in one of the
busiest times this year”, Tom Jurkowsky, a spokesman at the Washington-based mint, said
in an interview. Last month’s total was 4.14 million.
“We saw demand surge over the past two days,” Michael Kramer, the president of New
York-based MTB Inc., a dealer authorized to purchase coins directly from the mint, said in
a telephone interview. “Business was almost triple than what it has been over the past few
months.”
Logically, as a result of the surge in physical demand, silver futures for December delivery
dropped 1.9 percent to close at $16.106 an ounce on the Comex in New York. Earlier, the
price touched $15.635, the lowest for a most-active contract since Feb. 25, 2010.
Because when it comes to precious metals, thanks to the BIS and the central banks, Paper
beats Rock every time.
Which brings us to today,
when according to an alert
issued to dealers across the US,
some 2 million ounces of silver
sold out just after noon,
Eastern time, following the
sale of over 1 million ounces in
just the first two days of the
month.
In a statement sent to its
biggest U.S. coin wholesalers,
the U.S. Mint says it will
continue to produce 2014-
dated coins. The Mint will
advise when additional
inventory will become
available for sale without
providing further details.
The announcement has
not been made available
to the public, but a U.S.
Mint spokesman
confirmed that it has sent
the statement to its
authorized participants.
A sharp break in gold prices to their lowest in more than four years last week has
unleashed a surge in demand for silver and gold coins in North America and Europe.
As A-Mark, one of the largest bullion distributors in the country added, “The US Mint has just
announced that they are temporarily sold out of American Eagle Silver Bullion Coins. They are in the
process of producing more and will advise when additional inventory is available. If you previously
received fixed premium pricing from us, it is no longer valid.”
So… even lower prices coming, right?
And since everything else in the New Normal is now flipped on its head, it only makes sense that the
continued price collapse for precious metals is, as it turns out, driven by ever greater demand!
US Debt Crisis Explained VIDEO BELOW
https://www.youtube.com/watch?v=Jjv-MtGpj2U
The History of The Federal Reserve a Century of Enslavement VIDEO BELOW
http://www.youtube.com/watch?v=5IJeemTQ7Vk
INFOWARS.COM
BECAUSE THERE'S A WAR ON FOR YOUR MIND