Gold is Gone, Total Chaos Coming-Bill Holter

4By Greg Hunter’s USAWatchdog.com 

Financial writer Bill Holter says there is better than 60% to 70% chance that another financial calamity will hit in 2015, and it could start from anywhere in the world.  Holter contends, “It doesn’t really matter where it starts.  It will probably be global within less than 48 hours.  The reality is it will go all the way around the world within two days because party “A” will not pay party “B” who doesn’t pay party “C” and on and on we will go.  The payment chain will break. . . .  I’d like to get back to the point of true and real settlement. If nations don’t settle honestly amongst each other, that is how your trade wars start.  That’s how one neighbor believes another neighbor is ripping them off.  This is how wars start, and that is what this is about:  the rest of the world wanting to trade and wanting to do business mutually and evenly and getting paid for trade.  In the past with the dollar, the U.S. has gone into many places; and after the deal was unfair, they paid with dollars, which is an un-backed freely printed currency. That’s what the world is upset about.  That’s what this tipping of the balance is about.”

Holter goes on to point out, “Greece has got to be hidden.  The fact that they are broke cannot come out.  If Italy or Spain or anyone else were to default, that would be calling a spade a spade.  Once the daisy chain breaks, it will lead all the way to the West, and it will lead to London and it will lead to New York.  It will lead to the fact that the gold is gone.  That’s the great fault.  That is the fault at the core of all of this.  That’s why they are kicking the can and kicking the can because it can never be discovered that the gold is gone.  Once that is discovered, it’s over.”

So, what will it look like to the man on the street when the next crash happens, Holter predicts, “On the streets here in the U.S., you are probably looking at total chaos. . . . Once the banks go, especially in the cities, you are going to see complete chaos because the average person has about three days of food stocked up, or maybe five days of food stocked up.  When the banks go down, distribution will stop.  When distribution stops, the stores, and you just saw this in the northeast, the stores are wiped out in a day or two.  They have just-in-time inventories. It’s not like they have loaves of bread sitting in the back waiting to be put on the shelves.  Once distribution stops, the shelves will not get replenished.  Truckers will not be paid, and you can take that all the way down to the farmer.  Everything is run on credit, and once credit stops, it’s over.  When it’s over we have 48 or 50 million people on food stamps . . . those people don’t have any food stocked away.  So, there is an immediate 50 million people who will be out on the streets looking for food. . . . If you go back to the Great Depression, you had bread lines.  There are bread lines today, but the lines are the little EBT cards, and there are 50 million of them. . . .All is not well because we have 15% of the population who can’t even feed themselves.” How long would people have to be on their own until the government got credit lines running again?  Shockingly, Holter predicts, “I would say the absolute minimum would be three months. Yeah, I think three months is the absolute minimum to get things back to ‘normal.’ . . . It’s hard to say.  Again, with what’s going on, I would give it a 60% to 70% chance of a major financial collapse before the end of the year and the jig being up.”

Join Greg Hunter as he goes One-on-One with gold expert Bill Holter of Miles Franklin, who specializes in precious metals and global investment strategies.

(There is much more in the video interview.)

After the Interview:

Bill Holter writes about four fresh articles a week that are free to the public.  If you want to keep track of Holter’s work you can click here.  There are other writers and free information on the homepage of MilesFranlin.com.

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Comments
  1. Jerry

    Personally speaking I have an EBT card but I’m using much of my food entitlement to prep and lay in a good storage of food for the Long Emergency. You have to prepare any way you can. Just do it!

    (Jerry this is Greg Hunter. Can you call yourself “Jerry2” from here on out as we have another jerry that comments here. Thank you.)

    • PatriotRider

      It’s nice to know that I’m paying for your preps…

    • Jerry

      Nice try trolls. Keep prostituting yourselves. The government needs you. They nothing else to offer.

      • wd

        Jerry,

        There seem to be some hostile posts down the line, you may want to make it clear this is not the real you!! Others seem dismayed that you would have an EBT card.

        Some people are losing faith in you…Just a thought

    • JBN

      Just curious Jerry…You seem like a really smart guy. Why do you have to rely on EBT? Can you not find some work??

      • Greg Hunter

        JBN,
        This is not the “Jerry” who is a regular commenter on the site. We think this is a troll.
        Greg

        • OzFan

          Greg,

          Said it before mate – you really need to get a sign up / login system going to avoid issues like the two Jerrys we have going on here.

    • Eddie Laidler

      You can thank me anytime now. While you may have come across some misfortune in life the sound of that post is a bit off.

    • william

      Then what are you living on?

    • Jerry

      Greg can you clarify for your readers that I did not put up this post. Someone (most likely a troll ) did.

      • Greg Hunter

        Jerry,
        Which post, so we know.
        Greg

        • Jerry

          Thanks Greg. You already addressed it.
          I guess I pissed somebody off in the government. Its a shame that people in power are so scared that they have to implement a smear campaign to make themselves feel better isn’t it? Trolls like this must have a low opinion of themselves to be so easily bought off to do such a lowly job.

          • Thaddeus Thurston Thistlethwaite III

            I had a good laugh when I read that post. The government, though? My guess is it was someone just having a little fun. Albeit at your expense.

            Thad

          • Jeff

            Just because they used the name “Jerry” doesn’t mean it had anything to do with you. There’s probably 5million Jerry’s out there, Jerry.

            • Jerry

              O.K…………..Jeff ):

          • Dull, Brothers

            Thems think they can be scoundrels for the greater good, there is no God so ‘they’, have to save us, it’s called C I A< N S A They cant even save themselves from whats sure to cum!

          • Jerry

            Greg, I didn’t want to think it was true, but according to this headline it sure looks like we are being setup for a major event in the middle east.
            http://www.usatoday.com/story/news/world/2015/02/05/jordan-king-harsh-war/22911337/

    • Bill Holter

      you sound proud of this?

      • Jerry

        Bill.
        Not proud. An inside source I know predicted a major event in the middle east sometime between 01.01.15 and 03.01.15. I’m a skeptic to, but when you read headlines like this you have to wonder.