Gerald Celente - Economic Armageddon is coming

Sunday, February 3, 2013

Gerald Celente has been studying and forecasting trends for 30 years


Anonymous said...

Iran sentences 4 to death in biggest bank fraud case

Iran Judiciary has handed down death sentence to four people convicted of involvement in the biggest embezzlement case in the country’s banking history.

“Four people were sentenced to death on charges of corruption on earth and disrupting the country’s economic system,” Iran’s Judiciary spokesman Gholam-Hossein Mohseni-Ejei told reporters on Monday.

“The four are Mahafarid Amir-Khosravi…[the prime suspect], Behdad Behzadi, his legal advisor, Iraj Shoja, his financial solicitor and Saeed Kiani Rezazadeh, head of the Ahvaz branch of Saderat Bank,” he said.

“The president of Bank Melli branch in Kish was slapped with life imprisonment and former deputy minister Khodamorad Ahmadi was sentenced to 10 years in prison,” Mohseni-Ejei, who is also Iran's attorney general, added.

Other defendants were handed down sentences varying from flogging to paying cash fines and being barred from public office, he said.

Mohseni-Ejei also stated that almost none of the companies involved in this case were ordered closed by the court.

The defendants stood trial for misappropriating a total of USD2.6 billion of funds by using forged documents to obtain credit from banks to purchase state-owned companies.

According to the indictment, the owners of Aria Investment Development Company, which is at the center of the controversy, had bribed bank managers to get loans and letters of credit. The company has more than 35 offshoots which are active in diverse business activities.

Anonymous said...

Gold Standard Advocated Again - Leading to Money Withdrawal/Deflation and Economic Collapse?

ADDENDUM 14 Febr. 2013: The Fiat paper currencies will in the foreseeable future …be replaced by a new currency covered by tangible assets - such as commodities and precious metals. The ongoing process of huge transfers of financial assets from the masses of the industrious to the tiny elite of the super-rich is currently anyway unabated and gathering pace. At least the western world and its populations are consequently growing poorer.
With a recognition of the metal by the BIS - ignored by the media and unnoticed by the public - the BIS which is the central bank of central banks in Basel, has officially remade gold money in the beginning of 2013. Gold is accepted as … deposited security in all financial transactions - now rated at 100%.

Abstract: At present, something disturbing is going on on the stock market: Anonymous investors bet very large sums against their own companies´s shares - that they will crash within 2 months! Something similar happened before the 2008 financial crisis. Observers believe this means that insiders have knowledge that we do not have. These investors advise their clients to invest in gold only (probably to ratchet the price up before they sell). Moreover, central banks are now buying gold. What’s going on?

Illuminist New York City Mayor Michael Bloomberg recently did something unprecedented: He published a graph showing how since its founding in 1913 the Fed Illuminati have devalued the dollar through its money printing out of thin air - like the alternative media have incessantly emphasized. This strengthens the suspicion that the elitists want to introduce Rothschild’s gold standard and abolish the Fed - so the “Real Currencies”.

Already in 2010, in the middle of a huge demand for gold, Rothschild stopped his gold production in Perth, Australia, and began to hoard gold in vaults.This aroused the suspicion of the introduction of his gold standard, as advocated by his vocal agent, George Soros. This would mean even more Rothschild control of the money supply of the world, as Rothschild is in control of most of the world´s gold.
In the year 1981, Pres. Reagan’s Gold Commission reported that the U.S. had no gold. It was owned by the bankers of the Federal Reserve.

Real Currencies writes: Gold standard helps the money power in its plan, to bring the U.S. still a few notches down , which is essential in their drive to World Government. Controlling the money supply is most important - at least for the money power. Gold standard would be a disaster. It will lead to a collapse of the dollar and unbearable deflation.

Already in the 1970s, the Rockefellers had sold the Fort Knox gold to European bankers for a song ($ 35 per ounce. On 7 February 2013, the price was $ 1,676 per ounce). The Chinese are also hoarding gold now and recast it into 1-kg ingots.

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