Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
CATHY WOOD ARK GARBAGE ARK Funds Heading for 90% STOCK CRASH! - 22nd Jan 22
Gold Is the Belle of the Ball. Will Its Dance Turn Bearish? - 22nd Jan 22
Best Neighborhoods to Buy Real Estate in San Diego - 22nd Jan 22
Stock Market January PANIC AI Tech Stocks Buying Opp - Trend Forecast 2022 - 21st Jan 21
How to Get Rich in the MetaVerse - 20th Jan 21
Should you Buy Payment Disruptor Stocks in 2022? - 20th Jan 21
2022 the Year of Smart devices, Electric Vehicles, and AI Startups - 20th Jan 21
Oil Markets More Animated by Geopolitics, Supply, and Demand - 20th Jan 21
Fake It Till You Make It: Will Silver’s Motto Work on Gold? - 19th Jan 22
Crude Oil Smashing Stocks - 19th Jan 22
US Stagflation: The Global Risk of 2022 - 19th Jan 22
Stock Market Trend Forecast Early 2022 - Tech Growth Value Stocks Rotation - 18th Jan 22
Stock Market Sentiment Speaks: Are We Setting Up For A 'Mini-Crash'? - 18th Jan 22
Mobile Sports Betting is on a rise: Here’s why - 18th Jan 22
Exponential AI Stocks Mega-trend - 17th Jan 22
THE NEXT BITCOIN - 17th Jan 22
Gold Price Predictions for 2022 - 17th Jan 22
How Do Debt Relief Services Work To Reduce The Amount You Owe? - 17th Jan 22
RIVIAN IPO Illustrates We are in the Mother of all Stock Market Bubbles - 16th Jan 22
All Market Eyes on Copper - 16th Jan 22
The US Dollar Had a Slip-Up, but Gold Turned a Blind Eye to It - 16th Jan 22
A Stock Market Top for the Ages - 16th Jan 22
FREETRADE - Stock Investing Platform, the Good, Bad and Ugly Review, Free Shares, Cancelled Orders - 15th Jan 22
WD 14tb My Book External Drive Unboxing, Testing and Benchmark Performance Amazon Buy Review - 15th Jan 22
Toyland Ferris Wheel Birthday Fun at Gulliver's Rother Valley UK Theme Park 2022 - 15th Jan 22
What You Should Know About a TailoredPay High Risk Merchant Account - 15th Jan 22
Best Metaverse Tech Stocks Investing for 2022 and Beyond - 14th Jan 22
Gold Price Lagging Inflation - 14th Jan 22
Get Your Startup Idea Up And Running With These 7 Tips - 14th Jan 22
What Happens When Your Flight Gets Cancelled in the UK? - 14th Jan 22
How to Profit from 2022’s Biggest Trend Reversal - 11th Jan 22
Stock Market Sentiment Speaks: Are We Ready To Drop To 4400SPX? - 11th Jan 22
What's the Role of an Affiliate Marketer? - 11th Jan 22
Essential Things To Know Before You Set Up A Limited Liability Company - 11th Jan 22
Fiscal and Monetary Cliffs Have Arrived - 10th Jan 22
The Meteoric Rise of Investing in Trading Cards - 10th Jan 22
IBM The REAL Quantum Metaverse STOCK! - 9th Jan 22
WARNING Failing NVME2 M2 SSD Drives Can Prevent Systems From Booting - Corsair MP600 - 9th Jan 22
The Fed’s inflated cake and a ‘quant’ of history - 9th Jan 22
NVME M2 SSD FAILURE WARNING Signs - Corsair MP600 1tb Drive - 9th Jan 22
Meadowhall Sheffield Christmas Lights 2021 Shopping - Before the Switch on - 9th Jan 22
How Does Insurance Work In Europe? Find Out Here - 9th Jan 22
Effect of Deflation On The Gold Price - 7th Jan 22
Stock Market 2022 Requires Different Strategies For Traders/Investors - 7th Jan 22
Old Man Winter Will Stimulate Natural Gas and Heating Oil Demand - 7th Jan 22
Is The Lazy Stock Market Bull Strategy Worth Considering? - 7th Jan 22
What Elliott Waves Show for Asia Pacific Stock and Financial Markets 2022 - 6th Jan 2022
Why You Should Register Your Company - 6th Jan 2022
4 Ways to Invest in Silver for 2022 - 6th Jan 2022
UNITY (U) - Metaverse Stock Analysis Investing for 2022 and Beyond - 5th Jan 2022
Stock Market Staving Off Risk-Off - 5th Jan 2022
Gold and Silver Still Hungover After New Year’s Eve - 5th Jan 2022
S&P 500 In an Uncharted Territory, But Is Sky the Limit? - 5th Jan 2022

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Now Obama Warns Americans to ‘Be Prepared’ for Disaster… What Does He Know?

Stock-Markets / Financial Markets 2016 Jun 06, 2016 - 08:53 AM GMT

By: Jeff_Berwick


Recently Barack Obama urged citizens to be prepared. He broke this new ground in a May 31st speech to the FEMA National Response Coordination Center in Washington.

He explained that it was up to each citizen to be prepared for disasters. This preparation should extend to “having an evacuation plan” and “having a fully stocked disaster supply kit.”

One of the things that we have learned over the course of the last seven and a half years is that government plays a vital role, but it is every citizen’s responsibility to be prepared for a disaster. -Barack Obama

Ignore the propaganda where he says the government has played a vital role. Yes, it has played a role along with the Federal Reserve, but only in causing the current sorry state of affairs.

Obama promoting prepping is certainly a change. Both the FBI and Homeland Security have seen “prepping” as a sign of incipient terrorism – as a matter of policy. In fact, you can get investigated if the federal government notices signs of unusual prepping in your house.

But now Obama appears to be warning people to prepare… for something.

When the US fedgov – responsible for so much ruin in the world – begins warning of disasters, it is probably advisable to pay attention. Governments love disasters of any kind and often encourage them because of the opportunity to extend control, raise taxes and expand bureaucracy.

For instance, the hurricane season just started. Is he talking about a New Orleans-type hurricane disaster?  Sadly, quite a bit of evidence has come out that the New Orleans levees were sabotaged by the feds themselves, and the FEMA response was awful. At the very least, it was a failure by the government in both installing the levees and not making them adequate to withstand a large hurricane… of the kind that commonly hits in that area.

There are plenty of other kinds of disasters that the federal government might be able to take advantage of. The Seattle Times recently reported on a federal government rehearsal for a mega-quake plus a tsunami.

A massive earthquake and tsunami readiness drill… has been developed by the U.S. government, the military, and state and local emergency managers over the past few years to test their readiness for what — when it strikes — will likely be the nation’s worst natural calamity.  The June 7-10 exercise is called Cascadia Rising. It is named after the Cascadia Subduction Zone — a 600-mile-long fault just off the coast that runs from Northern California to British Columbia.

“This is the largest exercise ever for a Cascadia break,” said Lt. Col. Clayton Braun of the Washington State National Guard. Braun has been a key planner of the doomsday drill, which is being overseen by the Federal Emergency Management Agency.

And the recently reported on ways US law enforcement was preparing for civil disturbances.

A new report from analysts with industry research group, Sandler Research, forecasts the Global Riot Control System Market for the next four years… Sandler predicts the market will have an annual growth of 3.5 percent…

Various U.S. law enforcement agencies have been gearing up for the virtually inevitable unrest both during and following those elections. Militarized police forces have become de rigueur, even in the nation’s smallest towns.

Civil disturbances can happen many ways. Weather disasters can spark major chaos, but so can economic catastrophes.

We’ve been watching for and speculating on what could set off the coming crisis and have previously suggested that Deutsche Bank might be the 2016 version of Lehman Brothers. For years the bank has flirted with bankruptcy, and reports are that fiscal insolvency is getting closer. The bank was recently downgraded by Moody’s amidst reports that its derivatives exposure was in the area of an impossible-to-comprehend $75 trillion.

On Friday evening its ATMs stopped issuing money, though that was supposedly due to a technological malfunction.  As of the time of this writing, they’re still not issuing cash. Deutsche Bank says the problem will be fixed by Monday.  We’ll be watching to see if it is.

What is interesting about the timing of the supposed malfunction was that it occurred on a Friday evening.  We know from past experience that when banks or central banks have problems they usually announce it on a weekend.

Given that the entire German economy is less than $4 trillion, Deutsche Bank’s $75 trillion in derivative exposure is an unimaginable sum. If DB were to go under, we could see banks throughout the West seize up. It would be similar to 2008 but far worse, as the financial system would simply implode.

Bank closures would lead to stock market closures. Peoples credit cards and bank cards would stop working. It would be pandemonium. In the US, EBT cards would also stop working and we’ve seen how even a few hour technical problem with EBT cards have started riots in some parts of the US (EBT Card Users Threaten Rodney King Style Riots if System Crashes Again).

So what Barack Obama is referring to may involve hurricanes or earthquakes. But he could also be referring to economic disasters.

Finally – and recently – there has been an upsurge of so-called Western megadrought reports. The continuation of the drought and its results has led to speculation that the federal government actually wants to step in and force migrations out of California.

If one believes this scenario, the government has in mind using the results of the drought to forcefully take over the food supply in the US.  A near-term speculation is that the Obama administration has in mind distributing food through Walmart stores managed by FEMA.

Jade Helm, under this theory, was part of the process for realigning resources to support government management.  And Jade Helm continues to this day and throughout the summer, branded under its new name, the Unconventional Warfare Exercise 16 (UWEX 16) where sightings of massive tank and other heavy military equipment continue.

The idea being sold is that melting of the ice in the North Pole due to historical solar fluctuations is resetting temperatures across the continent. Hotter temperatures in the West and Midwest are pushing rainfall north. The government has purposefully blamed “global warming” and “climate change” for cyclical changes to solar radiation that occur regularly,  according to geological studies.

Obama in his speech even mentioned “a FEMA app” that provides directions to a FEMA camp near you. The FEMA app comes in either Spanish or English.

Between Jade Helm/UWEX, trains traveling around the country laden with military equipment and even caskets, and now a “FEMA app” it seems likely to us that something is being planned on a large scale.

Obama hasn’t warned about a disaster in the past but he surely made up for it in this speech. Of course, as  we know, this is a Jubilee year and nothing much would surprise us regarding man-made or natural disasters. Our Shemitah Trends and Jubilee Year coverage has put us in the forefront of those who know what is going on and what to do about it.

Jubilee 2016 is already everything we predicted it would be. And none of this is going on by accident. As FDR said, “In politics, nothing happens by accident. If it happens, you can bet it was planned that way.” It’s all about creating conditions for global government.

So take your pick: natural disasters or economic ones. Or maybe both.

In a recent interview, savvy gold pro Jim Rogers predicted that when sovereign debt around the world begins to cause defaults whole countries will be wiped out. Rogers has constantly preached the ownership of gold and silver. What he is saying makes good sense – and certainly he’s not the only one suggesting this sort of investment stance.

On this point, we agree with him… as you  know if you are a regular reader or subscriber. In fact, our focus on gold investing for our TDV newsletters subscribers has reaped considerable rewards. Our world renowned resident Senior Analyst, Ed Bugos, has raised the value of our TDV portfolio by over 50 percent his year.

TDV was designed for what’s happening now. Even our name, The Dollar Vigilante, signified our determination to exercise watchfulness on your behalf. On the other hand, we can’t help you as fully as we would like unless you are able to receive our newsletter.

Whether the disasters are economic or “natural,” we’ll provide in-depth coverage and solutions you can use. Subscribe HERE.

Of note: Since TDV began in 2010, I have never “prepped” very much.  But, as of last month I have begun to prep.  In our next newsletter, coming out in the next few days, I describe why I haven’t prepped until now and why I decided it is now time to do so… and give some info and tips that I learned along the way.

We hope you’ll join with us and thousands of other happy subscribers like Karen.

And Timothy.

In times of disaster, which Obama is now warning of, its good to have a community of like-minded friends that you can trust to help when times get really tough.  And with thousands of subscribers from nearly every country in the world you can find people in your area who can be part of your “disaster supply kit.” They’ll help you survive and prosper during the coming disasters that Obama is warning about, even as he intends to create or deepen them.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2016 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in