Two Clear Signs That the Political/ Financial Elite Know Another Crisis is Coming

by Phoenix Capital Research
ZeroHedge.com
09/12/2015

The Powers That Be know another Crisis is coming.

Behind the veneer of “all is well” being promoted by both world Governments and the Mainstream Media, the political and financial elite have begun implementing moves to prepare for the next Crisis.

One of the clearest is the decision to accept physical Gold bullion as collateral for “paper trades.”

The vast majority of “wealth” in the financial system is digital in nature. Because of this, when the next Crisis hits, there will be a scramble for actual “money” because the fact of the matter is a lot of the derivatives and other digital forms of currency are in fact worthless.

Consider that the large clearing houses (ICE, CEM and LCH which oversee the trading of the $700+ trillion derivatives market) ALL began accepting Gold as collateral back in 2012.

>From 28 August 2012 unallocated Gold (Loco London) will be accepted by LCH.Clearnet Limited (LCH.Clearnet) as collateral for margin cover purposes.</strong>

The Rest…HERE

This entry was posted on Saturday, September 12th, 2015 at 12:35 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.