Here’s an e-mail by JW, which rehashes and maybe re-inforces his beliefs he’s already voiced at an Al Korelin interview a few days ago.

That’s because I feel it may be OK to post this here as it seems to be more than important; RRussel seems to feel there is a banking holiday straight ahead … well, I do feel that most of our tenter friends are somewhat prepared … though, none of us is really feeling happy to see his preparedness  coming to test, like firance.   

Anyway, here’s Jim W’s e-mail…

“some incredibly nasty shiitte coming
the USDollar is to be killed off, along with the USTreasury Bond
it is to follow a plan, already agreed upon, by gigantic US creditors who are angry

my source of information has been very reliable and proven in recent weeks

his firm is actually involved in international committees and strategic boards

    which are making decisions with high govt level officials for a “Post-US World”
numerous global forces concluded and decided to kill off the US entirely
    since they could not separate the innocent from the crime syndicates that are attached like cancers
they want to surgically cut off the Wall St guys, big bankers, arms dealers, Dept Treasury,
    a few global bank weapons (IMF, WB) and more
but they could not determine a method to do so, while sparing the US population
SO THEY DECIDED TO KILL OFF THE US, TO SAVE THE REST OF THE WORLD FROM THE U.S.
 
a new global currency has been agreed upon, a basket
it will be based upon the euro, ruble, yen, dinar
notice the dollar and psterling are not included, therefore to become Third World Nations

this means all commodity prices for the US will go up a lot, maybe 30% to 50%

more importantly, it means the US$ will descend according to trade deficits (actually current acct deficits)

the US will be forced to purchase foreign currencies in order to purchase oil !!!

it will spawn a gigantic movement inside the US to end foreign oil dependence

    since each month the US$ will descend further, and each month the import bill will grow more costly

THIS IS PRECISELY WHAT I HAVE BEEN DESCRIBING AS THE US ENTRING THE THIRD WORLD
the common factor is that all four currencies in the basket are tied to export surplus nations

the global banking system will thus have healthy surplus economies as their foundation

    which will replace the current system, burdened by the worsening climax US debt situation

the US will soon enter a debt climax and credit derivative event like Hirsohima
the arab gulf dinar will be gold-backed and bring a sudden end to the Petro-Dollar

    which is long overdue, the essence of the US Protection Racket with Saudis
the ruble is expected before long to also be gold-backed, but smaller in scope

    which will be underpinned by Russia’s new position as global energy master (oil & natgas)
after Europe is forced to purchase all energy products from Russia in rubles,

    big changes reinforce Russia’s new role that will give it a seat on the G8
word has come to me that a global basket will SOON displace the USDollar, like in a few weeks time
that will immediately kick the US into the Third Wold, and send the US$ down 20% to 30%

the US$ will enter a freefall much like the US stock market
the Canadian Dollar will survive ok since demanded to purchase commodities
the Chinese will want to keep it down somewhat, in order to render cheap their commodity bill

the only way to protect yourself is to invest in physical gold or silver

    since an unspeakable loss of wealth will come to the US victims caught inside its walls

gold should be over $2000 by January, silver over $25, which is the forecast call by this source of info

his background comes from gold trading since 1970s, where he began at Bank of Nova Scotia
the paper gold and paper silver prices are now meaningless

a gross disparity exists between paper and physical, a huge gulf likely to worsen
the COMEX is setting up for a metals default
look for defaults in oil, gold, silver, and USTBonds before too many months
absolutely frightening shiitte is coming
/ jim


Wow, here you are and the action in the markets is sure leading into the direction the above is painting.