When a top French Bank warns the French people that a gigantic economic/monetary/deflationary collapse could be very close, thinking people must wake up and take notice. This happened on or about Nov 19th in an article by Ambrose Evans-Pritchard from the London Telegraph. I read this prediction with interest from the Society Generale Bank in France. But the importance of this assertion is not only because this bank is near the top in thinking in the European Union, it is most assuredly a leading Rothschild controlled bank with much insider knowledge of what is coming down the pike.
For my part, I certainly took it serious for a lot of good reasons. Perhaps I was motivated by some prejudice since I have long believed and suggested to subscribers at www.analysis-news.com that another hard fall will likely come. Society bank's words seemed to add some credence to my standing prediction of almost a year ago. In my more recent assessment on the issue, I wrote to subscribers that there was a 10% chance that we could have a hard fall in Dec 2009. Well, today is Dec 11th and we haven't had a hard December fall yet.
But the possibilities must be on the table though they are diminishing daily for December with the passage of time. I certainly don't think it will happen in December. But one must cautiously keep that option in mind. And if the Rothschild Cabal chooses to by-pass Dec 2009 for its next hard hit (as now seems likely), then we must be open to such an event in 2010.
But the real possibility of something causing a catastrophe in December surfaced a couple of days ago with reports that the nation of Greece is near an economic collapse and a default on its sovereign debt (in a Bloomberg story by Svenja O'Donnell and Elliott Gotkine on Former BOE Official Buiter Says Greece May Be First EU Default). While I did not want to believe that a Greek default could bring on a serious global deflationary fall, this article and related stories offered the idea that a Greek collapse could bring on a ripple effect of trouble in the EU. The story quoted Willem Buiter who said "It's five minutes to midnight for Greece."
Many moons ago, a reader at www.analysis-news.com wrote and asked if I thought the Euro was in danger of a collapse. My position has long been that the Euro is one of the key Rothschild currencies and it's hard to envision that the Rothschild Cabal would dare let it go down the tubes. In fact, I would argue that with the demise of the dollar the Euro is right now lined up to be the next global currency used by the Cabal to further its profit objectives and to move more in the direction of world government. With such close ties to the Rothschilds, I cannot envision that the Cabal would dare collapse or destroy the Euro.
Anyway, the purpose of this Goldsmiths is to alert readers that there is some serious European thinking that a huge economic/monetary/deflationary collapse could be knocking at the door. If it comes, we can bank on it that it will just one more action by the Cabal to make profits and move closer to world government. While I rated the possibilities at ten percent for December 2009, those possibilities increase dramatically in 2010.
The Question of Short Term Gold
It is customary for me to offer an economic short term outlook once a week for subscribers at www.analysis-news.com. I did this on Dec 3, 2009. In that projection, I suggested that short term the Cabal would move the dollar up and commodities down. Sure enough, starting on Dec 4, 2009, this has been happening. Gold in particular has had four straight daily hard hits of 20 to 40 points in New York (Dec10th had a pass but the Cabal came back on Dec 11th for another hit). In my thinking, these hits have been very motivated Cabal moves to take gold down hard.
I don't doubt for a minute that the Cabal could take gold down and any other commodity if it so chooses. The Cabal banks have huge sums of money to use in their efforts of entering the markets and making commodities/currencies move however the Cabal chooses. Most of the market participants are simply no match for the big bucks available to the Cabal when it is ready for a big move in the markets. In short, we can't compete with them in the markets.
But, for whatever reason, the Cabal pushes on gold this past week have not materialized with any depth or sustaining power. As soon as the Cabal has taken gold down in morning trading in New York, small buyers come back in the market and force some recovery in gold prices. This interesting market response to Cabal crash efforts is very noteworthy. As a minimum, it shows that gold does have enormous support among the little people (in contrast to the big, super rich Cabal banks).
Many times in the Goldsmiths (Parts 83, 108, 113) and in the various analyses (weeks of Jun 21, Jul 19, Jul 26, Aug 2, Aug 30, Oct 4, Oct 11, and Oct 25) I prepare for readers at www.analysis-news.com, I have suggested that the Cabal is finding it harder and harder to move gold down and the dollar up. I think the market reaction this past week clearly communicates that reality.
So, can the Cabal bring gold down hard in the next couple of weeks as a part of a deflationary collapse? Well, the 10% possibilities are decreasing daily. But remember, there are some short term Last Trading Days on gold contracts later this month. These are the traditional times that the Cabal likes to strike. Thus, gold advocates must be prepared for trouble either this month or later in 2010.
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