Attention. This is your captain speaking. Shipwide meeting on the bridge.

Dear Family, Friends and Followers:

I feel that it is my duty to inform you that every indication is now in place to believe that the stock (and other) markets have now reached an historic peak.  The expected coming decline should, by my navigational reckoning, take us back out of the uncharted waters that Greenspan, Bernanke and others have left us in.  Unfortunately, the way back home will not be easy because so many people absolutely believe to their very core that the stock market, housing market, insurance markets and debt markets (i.e. corporate and government bonds) are something other than simple manifestations of a massive and global Debt Ponzi which has plagued us for the past 100+ years.  This debt Ponzi, which was carefully crafted by several wealthy US con men who met in secret at a place called Jekyll Island back in 1910 to plan out how to take control of the US and of the world using, as their only real tool, a corrupt money supply.

The plan was simple elegance, a work of super-human genius that was put into place by corrupt crony collaborators and henchmen.  The notion is so simple that words do not do it justice:  in time, they would take control of the global money supply.  Once done, everyone would effectively work for them to some degree because the wages we are paid in exchange for our labor would be denominated in their "money".  Over time they got rid of any linkage of their fake money to real money.  They did it slowly but with clear purpose and they handed the scam down as a legacy to the current would be masters of the universe (AKA the new world order globalists).  First the gold and silver coins in people's hands were replaced by paper markers which represented those metals.  Then gold coins were removed from circulation.  Later, silver was removed from all coins and all silver coins were removed from circulation.  Finally in 1971, all ties between the USD and gold were severed in the largest default in history when Nixon closed the so called gold window.

A frog put in a pot of hot water jumps out but we have all been slow boiled by this insidious scam.  It has enriched the elite, impoverished entire nations and is now clearly destroying the US middle class.  But no scam ever ran forever and no, it's not going to be different this time.  The only question for any scam is not whether or not it will end, but when exactly it will happen.   You see, people and other herding species are stupid like that.  They might know something bad is going to happen but they will not make any preparations or do anything to stop it in advance because, as Keynes noted, we might die before its time to pay the piper (my translation of his comment, "in the end we are all dead").  He certainly did.  Everyone thinks they can play until the last minute and then get out before everyone else.

Be that as it may, we now have to face the coming collapse of a global debt Ponzi of historic and, quite frankly, horrific magnitude.  The world has never seen the like.  The entire global money supply and the entire global economy is backed by nothing except unkeepable promises.  A promise is a form of debt.  Some people believe they can keep their promises, others know that the promises cannot be kept.  Perhaps you might know that Chris Christie is now telling New Jersey police and fireman that they have been lied to about their pensions.   If you have been following my blog for very long, you will know that I predicted this would happen clearly and repeatedly in these pages.  Here is one example going all the way back to 2010.  In other words, while I did not know the timing by any means, the outcome was always certain because of my understanding of the underlying truths.

I hate to say it but Chris Christie is still lying to the public servants whether knowingly or with malice aforethought.  He is telling them that their benefits will be "pared back".  The truth is far worse.  The benefits will be lost completely.  Christie didn't see the massive budget shortfall coming that his administration was just hit with and he doesn't know that the stock, bond, insurance and housing markets have all very likely entered a period of historic valuation collapse.  You cannot take from the working person who is barely getting by in order to pay "hero" police and firemen outlandish pensions and benefits that ordinary people will never receive.  It doesn't matter if they don't like it, there is no alternative: promises made to them will be defaulted on.  New Jersey is far from the only victim; the damage will be so widespread that the whole concept of pensions will collapse in unison.  People will demand pay today for work done today.  By the time the collapse has played out, future promises for pay and benefits will no longer be accepted in exchange for real time labor.  This is as it should be; a return to normalcy and sanity.  But again, the path will be painful for the true believers in this something for nothing debt Ponzi.

This blog was started in 2010 after several years of writing private emails to family and friends that date back to June 2007 - when I warned them of the coming stock market collapse.  The intent has been to educate people on things I have learned over the course of thousands of hours of detailed study.  Some few people, I reckoned, would read my blog and see the truth.  I could help awaken a few as Dr. Ron Paul (and then others like Peter Schiff, Mike Shedlock, etc.) originally awakened me in 2006-2007.  But I knew, since this is not my income source and I do not appear on TV, etc., that most people would either laugh or roll their eyes at what I had to say.  This is herding 101.

I could just as easily have let people use these other sites as their only educational resources and saved a lot of my personal time.  But I wanted to put into the public record one thing that none of these guys could or can do easily for the very reason that they have to be somewhat politically correct given that finance is their day job.  They cannot say the whole truth in simple words like I can because I have nothing to lose by doing so and they might lose readers, investors, etc.  And that missing part of the truth is this: none of what is about to happen is accidental, an act of God, unforeseeable or unusual.  All of it is in fact preordained because it is a global debt Ponzi scheme.  It is a scam, a grift, a lie and a fraud.  Those running this game have essentially declared war on humanity.  The pain that has been caused and will be caused to an even greater degree has been and will be so widespread and pervasive that nobody will avoid some level of pain and many if not most people will feel a great deal of pain.

I'm not just talking about losing your pension, 401k, insurance annuity, etc.  I'm talking about war and starvation and death.  I'm talking about crazy shit like MH17 being shot down for no good reason.  Things like this are the tip of a very large iceberg.  The odds are very high that as the credit collapses, tensions will rise to fill the void.  Euphoria will be replaced by fear, panic, anger and aggression.  Serial defaults will cause one person to blame the one before him and the one before him and the one before him.  Everyone has borrowed from Peter to pay Paul because that is the nature of a debt based money supply.  Everyone will feel like the victim and nobody will want to own up to the fact that we all bear blame for letting con men do this to us as a people, as a species.  When people lose everything they think they have nothing to lose and so, as Gerald Celente warns us, "they lose it".  There are people walking around on this planet whose minds, in the words of the immortal Jim Morrison, are "squirming like a toad".  History and logic warns us that bad things will result.  Plan accordingly or expect to become even more of a victim than all of us already are.

When the time comes, retribution must be properly focused in order to assure that this does not happen again to us. This is the primary purpose of my blog: to point to the one and only thing that will have caused all of these problems and that is the acceptance of a fraudulent money supply which in this case was built on the scam ridden concepts of fiat currency and fractional reserve banking.  Few if any have pounded on these important messages like I have:

• Global debt Ponzi
• Root enabler= fraudulent money supply made up of fiat currency and fractional reserve banking

I focus on these things because the debt Ponzi is going to collapse and people need to prepare for that.  Additionally, there will be so much noise about how and why it happened that I wanted to send a clear message before the crash hits so that people reading this in the future will know that it is not part of the noise.  This is the clear, pure sinusoidal signal.  This is the truth.  A fraudulent money supply is the only factor that matters to the problem at hand as it is the great enabler without which 90% of the current level of corruption and future negative events would not even be possible.

This is why those who are pushing us into the use of a fraudulent money supply, no matter the underlying technology used to implement it, should be treated as war criminals and publicly dealt with in such a way as to send a message into the future that enemies of the human race will not be tolerated.  The punishments should be no less severe for those who have been complicit with the real masters of what has been going on.  Governments are not running this, folks, they are just part of it.  Bankers are not running it either.  They are top tier collaborators but still underlings to the real masters.  I'm convinced that there is a higher level of control in play although I won't comment at present on what or who I believe that to be.  Even the NWO globalists are not the top tier.  I think we will get more than a glimpse of the real hidden hand behind the curtain that is puppeting us using the fake money supply before this collapse is over.

Good luck to us all.

That is all.  As you were.

Captain out.