Fritz Springmeier Just Announced He Has Inside Info That the IMF Will Announce a New Global Currency on Sept 30th
Thursday, September 22, 2016 4:34


Fritz Springmeier posted this on his Facebook page last night around 9:30pm Pacific time (on Wed night Sept 21st). My heart sank when I read it. Is this it? I know Fritz is no alarmist which is why I tend to believe this is serious. Get ready. In one hour Babylon will fall. Here is the text of his post:

FRITZ SPRINGMEIER- “THIS IS IT. (21 SEPT ’16) This is the culmination of so many things I’ve written about in the past. I finally have a date to pass on, Friday, Sept. 30, 2016, (more specifically, perhaps late in the afternoon of the 30th for the IMF announcement.) (Before today, I thought it would be after Hillary was by voter-fraud & rigged voting made president.) I suggest you sit down while you read this. Insiders, who care more about their fellow humans, than the corrupt system they are part of, have whispered warnings about this. A few alert financial analysts like James Rickards have picked up on the Sept. 30th date & are warning people. Let me slow down and walk us through this financial watershed event. This kind of sudden destruction matches the prophecy of REV 18:8,10 (& PRV 6:15, ISA 30:13 & 1 THS 5:3).

THE DOLLAR’S STATUS AS THE WORLD’S RESERVE CURRENCY, what some call the petrodollar. Because large deals between nations are done in dollars, it can be said that 85% of global transactions are done in U.S. dollars. I have explained many times that our dollar’s VIP status globally has allowed the U.S. to create as many dollars out of thin air that it wants without destroying the dollar’s value–inflating the supply of money is simply a global tax on everyone who holds dollars, and more dollars are held by foreigners overseas than by Americans. In other words, we have been getting a free ride. I have repeatedly discussed the moves behind the scenes to dethrone the dollar. Russia & China has been working behind the scenes to get the entire world to desert us. They have also been buying up high levels of gold. Now that moment that we have wondered about is actually upon us…the date is Sept. 30, 2016, when the IMF has plans to announce a “world money”. The IMF has been issuing low key statements about this new world currency. Additionally, hidden on it’s site is a 42-page blueprint entitled “Enhancing International Financial Security” which spells out in obtuse difficult to understand jargon that they are going to announce this new “world money”. This is the “global reset” that Christine LaGarde (hd. of the IMF & Illum.) has been talking about. When our dollar crashes, the IMF will run our economy like they have been doing to other 3rd world nations in debt. The Illuminati will directly run the show (all of America’s finances) through the IMF. Foreign central banks are preparing to ship their useless dollars back to the USA.

WHAT DOES THIS MEAN FOR YOU?? Friday the 30th will come & go like all days for you. It will be like when the 9.0 Indonesia earthquake happened. The resulting tsunami took time before it hit Thailand and India. But things will fundamentally change that day. Dollars will be dumped for the new “world money”. It won’t be long before the stock market loses perhaps 60% of its value. Sell your stock now. The “world currency” (whatever they call it) will not be available to the common person, only the elite, although James Rickard has written a book: The Only Way to Own the New World Money. He has a way that people can access the new money through him. He has also written a book on this Sept. 30th event entitled: The Big Drop (2nd edit.) I have not seen the book myself. Rickard also puts out a periodical called “Strategic Intelligence”. After this global “reset” your 401K will go to 0. Gold and silver at some pt. will hold their value, so I highly recommend the actual metals…not paper receipts saying you have gold. As the Federal govt. slips into disaster, they may simply resort to stripping all bank accounts of whatever money they need. It is not out of the question, that they simply siphon off 5,000 of your $10,000 bank account. Understand, this is what is called financial martial law. Also bear in mind, the current state of affairs in America–many Americans are fed up & ready to revolt. (I get reports on how close people are to revolting.) Should the elections not happen due to financial martial law–then we may well see chaos from the crashing dollar, and revolt against our current status quo dictatorship. Perhaps the elite will actually get to use all that prepositioned U.N. military material. This is the end of America as we knew it. The globalists have no intention of letting Trump trump their globalist agenda with his nationalism. Their faked gig is up…Farrakhan and other black leaders are publicly endorsing Trump. Some of Hollywood’s stars are breaking ranks. The majority of polls are showing Trump ahead. (It’s so blatant that Hillary has little support, & they can only rig things so much.) This now is their plan: financial disaster for us for our rebellion, similar but worse from how they financially trounced the U.K. after the Brexit.

BETRAYALS. Awake Americans have watched Obama disloyally dismantle and shred the Bill of Rights & the Constitution…so the awake community may not be surprised that he continued to betray America at the G-20 summit held in Hangzhou, China on SEPT. 4-5. At the summit, the nations agreed/pledged to dump the US dollars as the world’s reserve currency. This secret accord was called the “Shanghai Accord”, an agreement to crash our dollar. Other world leaders at the summit incl. Angela Merkel, Putin, Turkey’s Erdogan, & the PM of Australia. Also attending were leaders from the WTO, World Bank, the IMF, and the UN. As I mentioned a while back, only Japan & Columbia did not betray America this & last year. America has few genuinely loyal friends in foreign govt.s. Many are loyal to the secret world govt.

WHAT THIS MEANS FOR THE ELITE. Illum. mbr. George Soros made billions off of the British pound crashing. Likewise, after 1929, J. Paul Getty made fantastic wealth during the depression. Recently, various billionaires are getting out of American $s and into gold. The various nations already have “swap lines” in place so they can dump their dollars. And for Obama, his loyalty has never been with America anyway…and he has secretly been a member of Subud (Susila Budhi Dharma), an Indonesian syncretistic spiritual movement (i.e. another vehicle for a one-world religion). The group has perhaps 10,000 members worldwide, incl. the Hawaiian state employee who filed Obama’s Hawaiian birth certificate. As readers may have heard of occultist Geo. Gurdjieff, it would be worthwhile to point out that many of Gurdjieff’s followers joined Subud.

FINAL THOUGHTS. Over the years, I came to dislike “date setters”, but in this instance, I have to go with the evidence as I see it. To soften this message would leave me blood guilty for not warning of something I see about 10 days out. Last yr., I warned about the announcement the IMF would make about China’s currency receiving joint reserve currency status with the dollar. In the event, it happened just days after I said I expected it to happen–the media kept it very low key…not giving it the play it deserved. How will the media treat Sept. 30th’s announcement? I think they will report it, but not report the significance of it. They will let the nation be blindsided by its consequences. My megathoughts on all this: hey, someone had to live in these end times–it just happened to be us!

https://m.facebook.com/story.php?story_fbid=1086820604721175&id=100001797385530

Quote from: Neil Obstat

3 days to go then we'll know if this year got its October Surprise a day early.

I am so confused.  The Google machine said the dollar was supposed to collapse September 27. I just need to know when to sell off all of my investments and convert everything to gold and silver. Is a firm date too much to ask?

What is stopping you from doing it now? The great interest rates? The stability of the stock market?

Y2k

Quote from: JohnAnthonyMarie

a.k.a. "Fritz" doesn't have a very good history of making predictions.

Yes. There is a serious credibility gap with most of those calling for an imminent collapse. I hate to think the uneducated risk their families' welfare and follow this advice.

Or the advice I heard in 2008-9 to pull my money out. From the mid-2009 trough the market has increased 300-freaking-percent. Again, the families who took the awful advice lost out on the gains to at least get them back to even.

The last bold, fearless predication I remember on this subject was in August of last year, predicting a collapse within three months, and advising, "Unless you're stupid, you need to have ALL of your money out of the market...only idiots will let it ride...get it out now, while you can."

I bought more. The DJIA went up 20% in the following twelve months. So, who is the idiot?

It's great that you got lucky.

Nevertheless, the DJIA could go all the way to ZERO and that is a very real, distinct possibility. Same for the US Dollar. Paper currencies have become toilet paper countless times in the past, and the same will happen to the Dollar. The only legitimate question is WHEN.

Gold and silver, on the other had, have never been strewn on the streets with no one bothering to bend over and pick them up. Never happened, never will.

If you deny that economic/currency collapse could happen in the United States, you suffer from "normalcy bias". Google it.

I, on the other hand, am wise enough to learn from history. I know that in 1929 there was a massive crash. After the crash, many wealthy individuals who made money their whole life were so despondent, they were jumping from tall buildings. And why wouldn't they? They didn't have religion, and they had made countless sacrifices over many decades to build up their nest egg/portfolio, only to watch it fade away like a mist.

I also understand mathematics, and how the current financial system is set up, at least in broad outline. Every dollar represents debt. Every year, unless 110% of last year's debt is borrowed, then money is destroyed and a recession/depression begins. Plot 5% or 10% interest compounded annually on a graph -- and note what it looks like towards the right edge. It's called a "hockey stick" or "going parabolic".

Humans are notoriously unable to comprehend the exponential function. Refer to the story of the Chinese man who wanted to be paid 1 grain of rice the first day, 2 grains the second day, etc. for 1 month. Eventually there wasn't enough rice in all of China to pay him.

Anyhow, back to the worldly money grubbers --
Today such people are all over the place -- think of all the people who have put limits on their family size, just to have a bank account or "retirement fund".

Any system which can magically create money out of thin air (like the Stock Market) can just as easily take it all away -- in an instant.

You should e-mail NASA immediately.  Tell them they never needed any rocket.

To get to the moon all they have to do is fold paper.

7 Things You Need to Know as the “New World Money” Goes Live Tomorrow
Thursday, September 29, 2016 14:27


1) Is tomorrow THE day that the dollar “dies” and is replaced?

Tomorrow, Sept. 30, is when the International Monetary Fund (IMF) officially adds the Chinese yuan to its basket of currencies comprising its special drawing right (SDR). It has enormous long-term implications for the dollar.

Does that mean the dollar becomes worthless overnight? Of course not. Tomorrow’s event may not even make major headlines. You won’t hear about it in the news. And it won’t cause the dollar to crash immediately. This is a development with long-term implications, but in itself, it will not make waves. But that’s the point — the dollar will die — but with a whimper, not a bang.

The dollar replaced the British pound sterling as the world’s dominant currency last century. But it was a gradual process that took place between 1914 and 1944. It didn’t happen overnight, nor will SDRs replace the dollar overnight.

When you wake up October 1st, you won’t find anything noticeably different. You’ll still have dollars in your pocket, you’ll still get paid in dollars, those will be worth something.

But tomorrow will nonetheless be a very significant turning point. Membership in the exclusive SDR currency club has changed only once in the past 30 years. The SDR has been dominated by the “Big Four” (U.S., U.K., Japan and Europe) since the IMF abandoned the gold SDR in 1973. This is why inclusion of the Chinese yuan is so momentous.

2) Do I need to dump all of my dollars, stocks and other investments and get into gold?

No. I do believe you should own gold, and I believe it’s ultimately heading to $10,000 an ounce. But I don’t recommend you put any more than 10% of your investable money into gold, or any other asset for that matter. Some people say, “Jim Rickards recommends selling everything and going all into gold.” I don’t say that and I never have. You never want to put all your eggs in one basket.

I recommend a diversified portfolio that includes gold, fine art, raw land, cash, bonds, select stocks and some alternatives in strategies like global macro hedge funds and venture capital. You need to be nimble in today’s unpredictable macroeconomic environment. We provide guidance on these in my newsletter, Jim Rickards’ Strategic Intelligence.

3) What do you mean when you say the “New World Money” goes live tomorrow? The SDR has been around since 1969…

It’s true, the SDR was invented in 1969. And there were a number of issues of SDRs in the 1970s. Indeed, the IMF has issued SDRs three times since their creation more than 40 years ago. Each time was linked to a crisis of confidence in the U.S. dollar…

In 1969, the French and others recognized the United States was printing too many dollars. At the time, foreigners could still exchange dollars for gold, and there was a run on Fort Knox. The IMF created the SDR to smooth the rough monetary seas, issuing 9.3 billion SDRs through 1972.

In 1979, U.S. inflation soared out of control, past 14%. Oil-producing countries fretted the value of their dollar reserves was plunging. The IMF issued 12.1 billion SDRs through 1981.

In 2009, in response to the Panic of 2008, the IMF issued 182.7 billion SDRs during August and September. That was the first time the IMF issued SDRs in almost 30 years. That was in response to the global liquidity crisis when it looked like the world’s central banks couldn’t act fast enough. So the IMF issued over $100 billion of SDRs.

But the Panic of 2008 changed everything. Central banks around the world expanded their balance sheets enormously to combat the crisis. The Fed’s balance sheet exploded from $800 pre-crisis to about $4 trillion today, for example. They won’t be able to respond the same way when the next crisis strikes, which I expect sooner rather than later. They’re out of powder.

The only financial institution with a balance sheet clean enough to respond to the crisis will be the IMF. The IMF acts like the “central bank of the world.” It will have to issue massive amounts of SDRs to hold the international monetary system together. The result will be the end of the dollar as the leading global reserve currency. That’s why today’s developments represents such a dramatic change from the past.

4) Do you expect a major market move when Chinese yuan is finally added to the SDR tomorrow?

I’m not forecasting that… but it wouldn’t surprise me if it happened. The economy is on the brink of recession. We’ve had a full year, 4 consecutive quarters, with average growth of about 1.2%  and with some revisions that may even go lower. This is not just weak growth, it’s extraordinary weak, and dangerously close to recession.

Global trade has fallen dramatically. Stocks are in bubble territory and volatility is returning. You never know what event will cause a crash, but it could literally come at any time.

The point is, it could be tomorrow… it could be six months from now. The real question is: What are you waiting for? No one can time these things… and when the trigger happens it’ll be too late. How many warnings do you need?

5) Will tomorrow’s SDRs have a positive impact on the price of gold?

SDRs are inflationary. If you flood the market in dollars of SDRs, gold will spike dramatically, probably taking it to $10,000. Will that happen tomorrow? Again, probably not. But the trend is in place. What are you waiting for? You can expect that the dollar will be devalued by 50–80% in the coming years.

6) “Can I buy SDRs?”

Officially, no, you can’t. The IMF is the only institution that can print and distribute world money.  Only its member states that are within its elite “basket” can freely exchange SDR as currency.  Typically, SDR’s are used to take loans or make repayments made by the IMF.  They are also used by its members central banks to sell in order to help currency reserves during times of economic crisis.

Now, it is true that a “private sector” version of SDRs will become available, called M-SDRs. The IMF has published a technical paper introducing the concept of a private SDR market. In the IMF’s vision, private companies and corporations can issue bonds denominated in SDRs. Who are the logical issuers of the bonds?

Probably multinational or multilateral organizations like the Asian Development Bank and maybe big corporations like IBM and General Electric. Who would buy these SDR-denominated bonds? Mostly sovereign wealth funds. China will be substantial buyers.

But the only main recourse for everyday investors is to own “synthetic” SDRs. I’ve put together a way to own an “unofficial” stake in SDRs. Not only is this “unofficial” way perfectly legal, it’s the only way I know of for any private citizen to get access.

7) What’s the next important step in this New World Money Development?

On Oct. 7, the IMF will hold its annual meeting in Washington, D.C., to consider additional steps to expand the role of SDRs and make China an integral part of the new world money order. But there’s another looming development that has implications for the adoption of SDRs…

The return of the BRICS.

“BRICS” is an acronym for Brazil, Russia, India, China and South Africa, which are among the largest emerging-market economies and make up about 22% of global GDP. Five years ago, discussion in international monetary circles was all about the rise of the BRICS. It appeared the BRICS would mount a serious challenge to U.S. dollar hegemony. Then the BRICS story went quiet in 2014–15. It looked like the BRICS story was fading in importance. But now that’s changing.

At the G-20 Leaders’ Summit in Hangzhou, China earlier this month, BRICS made a very interesting demand. They may be 22% of the global economy, but they only hold 14.89% of the votes at the IMF.

Any individual country or group of countries with 15% has veto power over certain major IMF decisions, including the issuance of SDRs. Only one country has over 15% today, and that’s the United States. The BRICS are now demanding that their IMF vote move closer to their share of the world economy and past the 15% threshold.

If that happens, then the IMF will not be able to flood the world with SDRs in a liquidity crisis unless the BRICS agree. No doubt the BRICS will agree, but only if other steps are taken at the same time to destroy the privileged position of the U.S. dollar in global payments and reserves. The BRICS are back in town, and it has implications for the adoption of SDRs… and the dollar.

Regards,

Jim Rickards
for The Daily Reckoning

Let's be fair, regardless of the dollar and world currencies: if Trump is elected and does what he says, leftists will deliberately destroy the economy the way they are doing in Venezuela and Brazil. These two countries, despite having socialist leaders, did not pass abortion laws or placate to leftist social ideas too hard and went against Israel. The rest speaks for itself. It doesn't matter if a neo-con, Democrat, or Independent is elected in the U.S. If their policies are not subservient to the puppet masters, the economy is the first thing to go.

Therefore, these matters are trivial. The dollar is the official currency of El Salvador and Panama and at least one other country. People won't be rushing to trade off their dollars. People overseas will continue to hold dollars. China won't be able to change that.

Another false prediction of some calamity.  Surprise surprise.