http://theeconomiccollapseblog.com
http://albertpeia.com/centralbankswallstreetinsidersprepforsomethingbig.htm
‘If you want to figure out what is going to
happen next in the financial markets, carefully watch what the insiders are
doing. Those that are "connected" have access to far better
sources of information than the rest of us have, and if they hear that something
big is coming up they will often make very significant moves with their money
in anticipation of what is about to happen. Right now, Wall Street
insiders and central banks all around the globe are making some very unusual
moves. In fact, they appear to be rapidly preparing for something really
big. So exactly what are they up to? In a previous article entitled
"Are
The Government And The Big Banks Quietly Preparing For An Imminent Financial
Collapse?", I speculated that they may be
preparing for a financial meltdown of some sort. As I noted in that
article, more than 600 banking
executives have resigned from their positions over the past 12 months, and
I have been personally told that a substantial number of Wall Street bankers
have been shopping for "prepper properties"
this summer. But now even more evidence has emerged that quiet
preparations are being made for an imminent financial collapse. That
doesn't guarantee that something will happen or won't happen. Like any
good detective, we are gathering clues and trying to figure out what the
evidence is telling us.
Why Is George Soros Selling So Much
Stock And Buying So Much Gold?
I am
certainly not a fan of George Soros. He has funneled millions upon
millions of dollars into organizations that are trying to take
However,
I do recognize that he is extremely well connected in the financial
world. Soros is almost always ahead of the curve on financial matters,
and if something big is going to go down George Soros is probably going to know
about it ahead of time.
That
is why it is very alarming that he has dumped all of his banking stocks and
that he is massively hoarding gold. The following is from shtfplan.com....
In
a harbinger of what may be coming our way in the Fall of 2012, billionaire
financier George Soros has sold all of his equity positions in major financial
stocks according to a 13-F report filed with the SEC for the quarter
ending June 30, 2012.
Soros,
who manages funds through various accounts in the US and the Cayman Islands,
has reportedly unloaded over one million shares of stock in financial companies
and banks that include Citigroup (420,000 shares), JP Morgan (701,400 shares)
and Goldman Sachs (120,000 shares). The total value of the stock sales amounts
to nearly $50 million.
What’s
equally as interesting as his sale of major financials is where Soros has
shifted his money. At the same time he was selling bank stocks, he was acquiring some 884,000
shares (approx. $130 million) of Gold via the SPDR Gold Trust.
Why
would you dump over a million shares of stock in major banks and purchase more
than 100 million dollars worth of gold?
Well,
it would make perfect sense if you believed that a collapse of the financial
system was about to happen.
Earlier
this year, George Soros told the following to Newsweek....
“I
am not here to cheer you up. The situation is about as serious and difficult as
I’ve experienced in my career,” Soros tells Newsweek. “We are facing an
extremely difficult time, comparable in many ways to the 1930s, the Great
Depression. We are facing now a general retrenchment in the developed world,
which threatens to put us in a decade of more stagnation, or worse. The
best-case scenario is a deflationary environment. The worst-case scenario is a
collapse of the financial system.”
It
looks like he is putting his money where his mouth is.
Perhaps
even more disturbing is what he believes is coming after the financial
collapse....
As
anger rises, riots on the streets of American cities are inevitable. “Yes, yes,
yes,” he says, almost gleefully. The response to the unrest could be more
damaging than the violence itself. “It will be an excuse for cracking down and
using strong-arm tactics to maintain law and order, which, carried to an
extreme, could bring about a repressive political system, a society where
individual liberty is much more constrained, which would be a break with the
tradition of the United States.”
That
doesn't sound good.
George
Soros has told us what he believes is going to happen, and now he is making
moves with his money that indicate that he is convinced that it is actually
about to start happening.
But
he is not the only one that has been busy accumulating gold.
Central Banks Are Hoarding Gold
According
to the World Gold Council, the
amount of gold bought by the central banks of the world absolutely soared
during the second quarter of 2012. The 157.5 metric tons of gold bought
by the central banks of the world last quarter was an increase of 62.9 percent
from the first quarter of 2012 and a 137.9 percent increase from the second
quarter of 2011.
Prior
to 2009, the central banks of the world had been net sellers of gold for about
two decades. But now that has totally changed, and last quarter central
banks stocked up on gold in quantities that we have not seen
before....
At
157.5 metric tons, gold buying among central banks came in at its highest
quarterly level since the sector became a net buyer of the precious metal in
the second quarter of 2009, data in the organization's quarterly Gold Demand
Trends report show.
So
why have the central banks of the world become such gold bugs?
Is
there something they aren't telling us?
Rampant Insider Selling
Wall
Street insiders have been dumping a whole lot of stock this year.
In my
previous article, I linked to a CNN article from back in April....
First
quarter earnings have been decent, if not spectacular. And many corporate
executives are issuing cautiously optimistic guidance for the rest of the year.
But
while insiders' lips are saying one thing, their wallets are saying another.
The level of insider selling among S&P 500 (SPX) companies is the highest
in nearly 10 years. That is not good.
A lot
of insiders appear to be getting out at the top of the market while the getting
is still good.
Other
insiders appear to be bailing out before the bottom falls out from beneath
them.
Just
check out what has been happening to Facebook
stock. It hit another new record low on Thursday as insiders
dumped stock. The following is from a CNN article....
Facebook's life as a
public company has been a nightmare from day one, and the pain continued on
Thursday as some company insiders got their first chance to dump shares.
Facebook stock hit
a new intra-day low of $19.69 Thursday morning, and ended the day 6.3% lower at
$19.87.
Sadly,
Facebook has now lost close to half of its value
since the IPO.
Will Facebook end up being the poster child for the irrational
stock market bubble that we have seen over the past couple of years?
Overall,
retail investors have been very busy pulling money out of stocks in recent
weeks.
The
following are the net inflows to equity funds over the past five weeks (in
millions of dollars) according to ICI....
7/11/2012:
-537
7/18/2012:
637
7/25/2012:
-2,999
8/1/2012:
-6,866
8/8/2012:
-3,684
According
to the figures above, more than 10
billion dollars has been pulled out of equity funds over the
past two weeks alone.
So
does this mean anything?
Maybe.
Maybe not.
But
it is very interesting and it bears watching.
Why Does The
In my
previous article, I also noted that the
This
week, it was revealed that the Social Security Administration plans to buy 174,000 hollow point bullets which will be
delivered to 41 different locations all over
Now
why in the world does the Social Security Administration need 174,000 bullets?
And
why do they need hollow point bullets? Those bullets are designed to
cause as much damage to internal organs as possible.
But
of course this is only the latest in a series of very large purchases of
ammunition by
Back
in March, Homeland
Security purchased 450 million rounds of .40-caliber hollow point
bullets that are designed to expand upon entry and cause maximum organ damage,
prompting questions as to why the DHS needed such a large amount of powerful
bullets merely for training purposes.
This
was followed by another DHS solicitation asking
for a further 750 million rounds of assorted bullets, including 357 mag rounds that are able to penetrate walls.
Now
why in the world would the government need over a billion rounds of ammunition?
If it
was the
But
this makes no sense - unless they believe that big trouble is coming.
Personally,
I wouldn't blame them for getting prepared. Our economy continues to fall apart and there are signs of social decay everywhere around us.
The
American people are more frustrated and more angry
than at any other time in modern history. This upcoming election is only
going to cause Americans to become even more angry and
even more divided.
All
it would take is just the right "spark" to cause this country to
erupt.
It
could be the upcoming election.
It
could be the collapse of the financial system.
Or it
might be something else.
But
the conditions are definitely there for it to happen.
Unfortunately,
the American public is never told to prepare because authorities never want
"to panic" the general population.
We
are always the last to know, and that stinks.
So
don't wait for someone to come on the television and announce that a crisis is
happening.
If you wait that long, it will be too late.
Instead,
open up your eyes and think for yourself.
We
all need to work hard to get prepared for the coming crisis while we still can.
As
you can see, Wall Street insiders, the
Don't
put your head in the sand.
The
warning signs are there and time is running out.