The World Situation is Volatile Right Now

…For a lot of reasons, and probably will remain so for the foreseeable future. A few more things to keep in mind:

1) Make sure you are able to take people in if necessary. Do you have a location in the event you need to evacuate?

2) Stock up on food and water (hopefully you are already doing this).

3) Take care of your health. Have a back-up supply of needed medication.

4) Have a family meeting of what everyone will do in the event of a crisis. Will you have a meeting place?

5) Print out our “15 Points Preparedness Worksheet” (on the Home page) and fill it out as a family.

6) Pray the Rosary daily, as Our Lady of Fatima requested.

The End of the Dollar as the World's Reserve Currency? What They Said Could Never Happen....

I like Andy Schectman and I also like Kitco News. Here, Andy is interviewed by Michelle Makori. The Petrodollar deal which Kissinger made with Saudi Arabia is discussed, along with Nixon’s departure from gold-backing and the world’s current moving away from the dollar. There’s a one-hour video and a short article…

End of the Petrodollar?

Excerpts from the article:

Saudi Arabia reportedly let the 50-year petro-dollar agreement expire on June 9th, opting to sell oil in multiple currencies instead of exclusively using the U.S. dollar. Andy Schectman, President and Owner of Miles Franklin Precious Metals, warns that if the "petro" is taken from the "dollar," the U.S. currency will be backed by "nothing," which could trigger "catastrophic" consequences…

The foundation of the petrodollar system lies in a 1974 agreement between Saudi Arabia and the United States. Under this deal, Saudi Arabia agreed to recycle its petrodollars into U.S. Treasuries in exchange for a security guarantee from the U.S., creating a strategic alliance that has significantly influenced global politics for decades. By 1975, all OPEC members had agreed to price oil in dollars and invest in U.S. government debt…  

If the U.S. dollar is no longer the primary payment option for oil, Schectman foresees a massive spike in interest rates as one of the consequences, with the situation getting quite chaotic for the U.S.

“If this happened all at once, it would be catastrophic. It would be chaotic because the natural reaction of the dollar being dumped globally is hyperinflation. It would hit our shores in a tsunami of inflation,” Schectman said. “The dollar would collapse, the stock market would collapse, the bond market would collapse, the banking system would collapse, the insurance companies would collapse. Everything. This is the great reset.”

…The move away from using the U.S. dollar in international trade transactions is not new, but it has been accelerating…

The Truth About the US Federal Reserve (Neither Federal nor a Reserve)

“Collectivism and freedom are mortal enemies. Only one will survive.”

G. Edward Griffin

Author The Creature From Jekyll Island: A Second Look at the Federal Reserve

From “Goodreads” notes on the book above:

“Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait! You'll be hooked in five minutes. Reads like a detective story — which it really is. But it's all true. This book is about the most blatant scam of all history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Creature from Jekyll Island will change the way you view the world, politics, and money. Your world view will definitely change. You'll never trust a politician again — or a banker.”