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titanic1

Jim Rogers, Collapse Is Imminent

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[video=youtube]https://www.youtube.com/watch?v=lVZzClsVMK0[/video]

 

FIRST SOROS… NOW JIM ROGERS PREDICTS TRILLION-DOLLAR ‘BIBLICAL’ CRASH

Last year, we were the first financial site to explain how the Shemitah seven-year cycle would have an important and disastrous effect on the markets. The Shemitah ended in the third quarter of last year and just as we predicted, it was the worst quarter in worldwide stock markets since the last Shemitah in 2008.

Since then we have been the leader in explaining further Shemitah trends embedded in the once-every-49-year, Jubilee Year.  The Jubilee Year ends on October 2nd of this year, and we expect even worse events to occur as October approaches.

Now, famous investor, Jim Rogers, has just released a new warning saying the same. He is even using biblical references to warn of a financial tsunami that could take place either this year or next.  He has just said, “A $68 trillion ‘Biblical’ collapse is poised to wipe out millions of Americans.”

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Rogers co-founded the Quantum Fund with George Soros in the early 1970s. The fund generated returns of 4,200 percent over 10 years and made fortunes for both men.  Soros and Rogers, having worked together for so long, probably both have access to information the regular person doesn’t. Soros recently was in the news for shorting the stock market and making gold his largest held asset and predicting an impending crisis.

Now, just this week, Jim Rogers has said the same and was quite outspoken about how it was written in the Bible.  He referred to a biblical quote from the Book of Joshua: “You are under a curse now. You will always be servants. You will be woodcutters and water carriers for the house of my God.”

https://www.dollarvigilante.com/blog/2016/05/24/first-soros-now-jim-rogers-predicts-trillion-dollar-biblical-crash.html

Buffett’s $55 Billion Gamble is a Bet on U.S. Collapse, Warns CIA Economist

Did Warren Buffett just make a $55 billion bet on an imminent market crash?

A single financial document has emerged that may hold the answer.

According to a new SEC filing, Buffett is sitting on $55 billion in cash through his company Berkshire Hathaway. This is highly unusual behavior from a man often called "the world’s greatest investor."

Jim-Rogers-Predicts-Trillion-Dollar-Bibl

It’s the biggest cash hoard the company has ever amassed, in the 40 years he’s been in charge.

At a cost of $29 million every single day he keeps his money out of the markets, from all outward appearances, this is a risky and costly gamble. Unless Buffett is sure a Wall Street crash is at our doorstep.

Shocking: See the chart that may have caused Buffett to bet on a U.S. collapse.
But he’s not the only famous investor who fears a dangerous correction is coming.

Jim Rogers recently admitted to Yahoo! that he is staying far away from U.S. stocks.

New filings also revealed billionaire George Soros’ massive short position on the S&P 500.

Previously, Soros allocated 3% of his portfolio to shorting the S&P. It’s a common practice major investors use to insure their positions against unforeseen pullbacks.

But he just increased his short position on the S&P 500 over 5X fold, taking it to 16% of his entire portfolio.

That is an alarming sign that Soros is betting on a market collapse. And given his track record of predicting these events, it’s one we should not ignore.

So the question remains: Why are some of the “greatest investors alive” betting against Wall Street?

According to Jim Rickards, the CIA’s Financial Threat and Asymmetric Warfare Advisor, they are taking emergency measures now before a historic economic meltdown strikes – one he, and many of his colleagues at the U.S. Intelligence Community, fear is unavoidable.

http://totalwealthresearch.com/rickards/buffetts-55-billion-gamble-bet-u-s-collapse-warns-cia-economist/

My thoughts on this are that collapse is definitely coming, so be prepared.  Get to know your neighbors, you might need their help.  Make sure you have lots of seeds.  You might say, it takes time for seeds to grow, but in a collapse you will have that time.  Be as independant as possible.

Stay strong my friends!

-T

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2 hours ago, titanic1 said:

FIRST SOROS… NOW JIM ROGERS PREDICTS TRILLION-DOLLAR ‘BIBLICAL’ CRASH

There are quite a few other investors talking about an impending financial meltdown.

Take a look at King World News, here are some of the recent headlines:

Billionaire Paul Tudor Jones – Nothing Can Prepare You For What Is Coming

50-Year Veteran Warns Market Turmoil Threatens Catastrophic Unraveling Of Derivatives (John Embry, John Embry: Chief Investment Strategist for Sprott Gold & Precious Minerals Fund)

Legend Warns This Will Totally Devastate The World And The Window To Save Yourself Is Closing (Egon von Greyerz, Founder and managing Partner of Matterhorn Asset Managment AG

The Endgame Is Coming And Something Really Wild Is Right In Front Of Us (Bill Fleckenstein, President of Fleckenstein Capital)

... and the list goes on and on.

 

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Failing to prepare is preparing to fail. 

Yes, but how do city slickers survive with the skills taught by the control system: shopping, using digital devices, shopping, eating out, shopping, etc.? 

Even farmers don't farm. The ag system is a Frankenfood factory. And homesteading requires fueled tractors. When was the last time you saw anyone plowing with a horse? Starving hordes will want to eat that horse, preferably cooked. 

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Here's an excellent presentation about global debt - everybody is gonna be in some serious pain.

 

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Collapse is imminent. If I had a dollar for everytime I've heard that line the past 8 years, I'd be richer than Donald Trump.

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32 minutes ago, BoJangleFeet said:

Collapse is imminent. If I had a dollar for everytime I've heard that line the past 8 years, I'd be richer than Donald Trump.

You're also surprised the house of cards hasn't disappeared into the quicksand.

I hope the evil money-grubbers who built the damned castle go down harder than the rest of us. Yes, it could happen. Only one is safe, the witch at the top of the totem pole.

 

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