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Is a financial crisis looming?

Apr 13, 2016

A flurry of high-level meetings are taking place this week that may indicate some sort of financial or bank crisis. It certainly appears that everyone is worried. First, on Monday the 11th President Obama and Vice President Biden met in an “emergency” meeting to discuss unknown things. It is highly unusual (for security reasons) for both a president and a vice president to be in the same meeting at the same place. Likewise, this was an “unexpected” meeting, which says that something unexpected behind the scenes has forced this meeting to take place.

The photo op with Obama and Fed Chairman Yellen is pictured toward the bottom of the following article. She does not look happy.

https://www.superstation95.com/index.php/world/1144

The above article also tells us that the G-20 political and banking leaders are meeting in Washington on April 12 and 13, followed by an IMF meeting (also in Washington) on Thursday the 14th. I do not recall ever seeing so many financial meetings in one place in the same week.

“Members of the House and Senate are said to have been ‘up all night’ in discussions and meetings; with floods of phone calls back and forth.

“More:  Tuesday and Wednesday the G20 Finance Ministers and Central Bank Governors meet in DC and on Thursday the IMF and World Bank meet in DC as well.

“All the leading bankers in the world will be in DC this week.”
 

The author of the article speculates that this may have to do with the very survival of the US government. That may be greatly overstated, of course, but it does seem that we should brace ourselves for some big news shortly. This may be related to April 19. Recall that the arch of the temple of Baal was supposed to be erected in New York City on that date, but this has been cancelled. There is another event coming out of China that could change the dynamics of the world economic system—if not immediately, then certainly over time.

“Next Tuesday: The Chinese are scheduled to announce their switch from dollar to yuan on Tuesday, April 19th; which will send about two TRILLION in cash back to the US and send inflation skyrocketing overnight.”

China is actually setting up a yuan-backed gold exchange on April 19. Whether or not they will also make their entire currency gold-backed is, I think, just speculation at this point. Even so, it is certainly a date to watch, because whatever China does will be important.

The author of the article above is suggesting that we should prepare for the worst. Banks might be closed for a while, so one should have some extra cash on hand, he says. That is probably always a good idea as a general rule. He also says we should stock up on food. I don’t think that grocery store shelves will be emptied overnight, but some food storage has always been a good idea long-term.

The main thing is to pray and exercise your faith along with prudence. Do are you are led, and God will take care of you. Act always in faith, never in fear.

In his weblog dated April 12, 2016, Benjamin Fulford gives us his perspective on the emergency meeting with the Fed, saying,

"The Asian Dragon Family has offered the owners of the Federal Reserve Board staggering quantities of gold at a 13% discount from the market price. The idea is for 10% of this money to be spent on a massive campaign to end poverty, stop environmental destruction and send humanity on a path for exponential expansion into the universe. The ball is now in the court of the US regime in Washington DC. That is why the US President and Vice President are having an emergency meeting on April 11 with Federal Reserve Board Chairperson Janet Yellen. A member of the Dragon family will also be at that meeting, CIA sources in Asia say.

"If the Feds refuse the Asians, the BRICS nations and the Europeans will announce a new international gold backed currency that can be exchanged for US dollars during a three month period. After that period, the US dollar will no longer be accepted by at least 188 countries, leaving the Washington regime isolated and bankrupt."

http://benjaminfulford.net/

The kings of the east (“Dragon family”) are offering incentives for the Babylonian power brokers to return to the gold standard that they abandoned in 1971. The Asian families know that the West is bankrupt, and they are offering to refinance the banks if the power brokers will fix the system and move to an asset-backed system.

If Fulford’s statement is true, then the Babylonian power brokers have to decide whether to capitulate to the kings of the east or try to maintain power for a little longer.


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Category: Financial

Dr. Stephen Jones


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