Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo
Natural News - Mike Adams
An internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim.
"The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock," wrote Tom Fitzpatrick, Citibank's chief technical strategist.
He goes on to explain that the massive money creation efforts by the Federal Reserve and other central banks will end with one of two things: A resurgence of inflation, or a fall into "depression, civil disorder and possibly wars." Either outcome, he says, will cause the price of gold to skyrocket. Gold will push to well over $2,000 per ounce, he explains.
The timing on all this? Sometime in either 2009 or 2010, said the analyst.
This coincides with predictions I've made here on NaturalNews.com, where I've publicly predicted price inflation of 20% - 40% in 2009, and the financial collapse of the United States government (sometime before 2025) due to an irreversible debt burden.
I've also predicted that when the people wake up and realize their dollars have been looted by the Treasury and turned into worthless pieces of paper, there will be riots in the streets.
These events have already been set into motion. It is now only a matter of time until they bubble to the surface. On the day the mainstream taxpayers actually figure all this out, don't be caught out in public. Stay home.
Click to read:
Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo
From Telegraph.co.: Citigroup said the blast-off was likely to occur within two years, and possibly as soon as 2009. Gold was trading yesterday at $812 an ounce. It is well off its all-time peak of $1,030 in February but has held up much better than other commodities over the last few months – reverting to is historical role as a safe-haven store of value and a de facto currency.... more
An internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim.
"The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock," wrote Tom Fitzpatrick, Citibank's chief technical strategist.
He goes on to explain that the massive money creation efforts by the Federal Reserve and other central banks will end with one of two things: A resurgence of inflation, or a fall into "depression, civil disorder and possibly wars." Either outcome, he says, will cause the price of gold to skyrocket. Gold will push to well over $2,000 per ounce, he explains.
The timing on all this? Sometime in either 2009 or 2010, said the analyst.
This coincides with predictions I've made here on NaturalNews.com, where I've publicly predicted price inflation of 20% - 40% in 2009, and the financial collapse of the United States government (sometime before 2025) due to an irreversible debt burden.
I've also predicted that when the people wake up and realize their dollars have been looted by the Treasury and turned into worthless pieces of paper, there will be riots in the streets.
These events have already been set into motion. It is now only a matter of time until they bubble to the surface. On the day the mainstream taxpayers actually figure all this out, don't be caught out in public. Stay home.
Click to read:
Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo
From Telegraph.co.: Citigroup said the blast-off was likely to occur within two years, and possibly as soon as 2009. Gold was trading yesterday at $812 an ounce. It is well off its all-time peak of $1,030 in February but has held up much better than other commodities over the last few months – reverting to is historical role as a safe-haven store of value and a de facto currency.... more
I am always the optimist... the market will correct with conservation, exploration, and/or consumer choices.
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I agree to you :) We have something to do. I hope with our new leaders, US economy will be fix.
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Our "new" leaders? Really?
Even with discounting the fact that you've commented on (& have presumably read) this website, can ya still truly think that either a) Our "leaders" want this fixed, or b) that it CAN be fixed?
Please understand this, it's simple & above all else it is verifiable... The collapse of the $, the Fed & ultimately the U.S. is being orchestrated ON PURPOSE & your "leaders" are the ones responsible for it. Don't get me wrong, they too are puppets who are having their strings pulled from higher on up, but rest assured, this is MEANT to happen.
The information, knowledge & power to KNOW is at your fingertips; use it!
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I am always the optimist too.
God Bless America!
Thanks alot for sharing this.
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I think this crisis is not a surprise for anyone, it had to happened now or some time later, just check the economical crisis throughout the history. But I definitely agree with you guys it is completely necessary to be optimist and prevented too.
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GV.. well said. Don't expect too much from them. I am interested in your insights.
Harry
harrys3980@yahoo.com
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