Monday, December 21, 2015

Was Lindsey Williams wrong about 2015?

> Lindsey Williams posted this on his website in 2014:

It’s All Shaping Up For 2015! – Lindsey Williams
by James Harkin on Wednesday, October 22nd, 2014
http://www.lindseywilliams.net/its-all-shaping-up-for-2015-lindsey-williams/

> Let's see how accurate it was...and what he is really doing.

=======================================

| Pastor Williams sent me an article taken from USA Today entitled “China Currency Push Takes Aim at Dollar”. The article talks about China bidding to enter the heart of global finance by establishing its currency, the renminbi, as part of a ubiquitous monetary unit used in official transactions around the world. Pastor Williams has said this information is “Very important. Latest on Chinese currency becoming the Reserve Currency. It is all shaping up for 2015. Our listeners need to know this. This information comes from my friend. It is reliable.”

The article discusses a decision on a new Special Drawing Right, which is the composite reserve currency used in official financing being decided by the International Monetary Fund (IMF) and World Bank. The decision on a new SDR structure, to be made in the next 15 months, will influence how China and its currency can play a bigger part in driving world trade, investment and capital flows. The article goes on to discuss recalculating the composition of the SDR, which comes up for review in 2015, to follow market developments, reflecting a big increase in demand for renminbi financing from private banks, central banks, traders, corporations and asset managers. The renminbi has made impressive strides recently and is challenging the euro in several key fields. |

> What happened this year?

Chinese yuan likely to be added to IMF special basket of currencies
China hopes stamp of approval will improve yuan’s desirability among investors and undermine hegemony of US dollar as global reserve currency
http://www.theguardian.com/business/2015/nov/29/chinese-yuan-imf-special-basket-of-currencies-us-dollar

The IMF, the SDR and the yuan explained
Neelabh Chaturvedi
Sunday, 29 Nov 2015 | 5:47 PM ET
http://www.cnbc.com/2015/11/28/imf-expected-to-include-yuan-in-sdr-currency-basket.html

> I'll give him that one, but anyone reading the new would have known this, he didn't reveal a secret.

=======================================

| In another article from Reuters entitled “Fed Officials Keep Eyes on Mid-2015 Rate Rise” Pastor Williams has said “this is just what we predicted in our latest DVD – Special Events Scheduled For 2015”. In the article it says that the Fed is considering raising interest rates around the middle of next year (2015), although two top officials at the U.S. central bank said the exact timing would depend on the economy. The article continues by saying the Fed considers the U.S. jobless rate of 5.9% close to its full employment targets. Pastor Williams said to be wary and shared another article that said that today’s recovery is a total sham with real unemployment at least 12% with the labor force at its lowest since 1978 when only 40% of women having entered the workforce and with most “new jobs” being part-time retail and service jobs. The article went on to discuss futures market shifting to point to a September 2015 rate hike after bond-buying ends before rates increase being between two and 12 months. |

> Rates were raised on the 16th of December:

Rates Are Going Up. What Could Go Wrong?
By NELSON D. SCHWARTZDEC. 20, 2015
http://www.nytimes.com/2015/12/21/business/economy/effects-of-past-interest-rate-increases-offer-guide-to-future-risks.html?_r=0

The Fed Raised Interest Rates So What Happens Next?
Updated December 21, 20157:59 AM ET
Published December 21, 20155:15 AM ET
http://www.npr.org/2015/12/21/460536795/the-fed-raised-interest-rates-so-what-happens-next

> Anyone watching Bloomberg TV would have known this hike was coming, but he was wrong on the timing, as most analyst have been.

=======================================

| The news continues, with Pastor Williams sharing another article from the Financial Times entitled “Banks Rewrite Derivatives Rules to Cope with Future Crisis”. Pastor Williams says “the banks see what is coming and want to cover their losses.” He continued by stating “This is exactly what my friend said and we have said in a number of DVD’s. Interest rates rise, Derivative problems, Stock market collapse, Banking trouble, September & October 2015. Like dominoes. The banks see it coming as you will see in this article.”

The article talks about the world’s biggest banks tearing up the rule book on the derivatives market to make it easier to resolve future failing institutions such as Lehman Brothers. It says that 18 banks ranging from Credit Suisse to Goldman Sachs have agreed to give up the right to pull the plug on derivatives contracts with any crisis-stricken institutions. What this means is that these banks have come up with a plan to stop their counterparties terminating derivatives contracts in the event of a crisis. Ultimately shareholders of the failed institution would be wiped out, but the operating company would be recapitalised or sold to mitigate the shock to the broader financial system ending ‘too big to fail’. The company would stay in business, with the financial sector absorbing the losses. The International Swaps and Derivatives Association said that the banks portrayed the success of the talks as a rare positive example of industry collaboration and will announce the agreement to change its “protocols” will take effect from January 1, 2015. |

> He was wrong on this one...

So just how great was October for markets?
Reem Nasr    | @reemanasr
Friday, 30 Oct 2015 | 4:45 PM ET

This month has been a good one for financial markets. All three major indices had their best month since October of 2011.

Since 1992, there have been just four months in which the Dow Jones industrial average has seen monthly gains bigger than this month. And three of those four months were in October.

See more key market stats here:
  • The Dow also had its biggest monthly point gain ever, up 1,379 points in October
  • The S&P 500 has only had 12 monthly gains greater than 8% back to 1987
  • Microsoft is up 18.93% for the month; its best since April
  • Amazon is up 22.27% for the month, its best month since July
  • The German DAX turned in its best month since April 2009, with a gain of 12.32% this month
  • The UK FTSE 100 turned in its best month since July 2013, with a gain of 4.94% this October
  • Japan's Nikkei turned in its best month since April 2013; it gained 9.75%
  • China's Shanghai Comp turned in its best month since April 2015; it gained 10.8%
  • Shanghai broke a 4-month losing streak, closing positive for the month for the first time in 5 months
  • Baidu is up 36.4% in October, for its 4th best month ever (back to its 2005 IPO)
  • WTI Crude is up 3.4% for October, but hit July highs of $50.92 per barrel earlier in the month
  • Natural gas suffered their worst month since December 2014 when futures lost 29.16%; they were down 7.9% in October
  • Natural gas futures have turned in 4 consecutive months of losses for the first time since September 2011

more here:
http://www.cnbc.com/2015/10/30/so-just-how-great-was-october-for-markets.html

> Dead wrong.

=======================================

| I subscribe to a quarterly periodical in the UK called “The UK Column” published independently from the established mainstream media. Within the newspaper were a number of articles one was entitled “New Rules For Financial Carnage” and talks more about what is proposed by the Financial Times article above, about new rules designed to protect global systematically important institutions such as Commerzbank, Royal Bank of Scotland, Barclays, HSBC, Societe Generale and Credit Agricole. The new rules follow a “war game” which took place on October 13, 2014 at the offices of the Federal Deposit Insurance Corporation in Arlington, Virginia. Present were the FDIC and Bank of England staff, along with “top financial brass” from the US and UK treasuries. The war game was the first of its kind and designed to test how they would react to another financial crash of the scale of 2008. The new rules oblige banks to wait up to 48 hours before requiring settlement of derivatives contracts from a failing bank. This delay will be used to give regulators time to transfer asset from the failing bank, as well as obligations to a “bridge company”, negating the need to unwind derivatives contracts. Chancellor of the Exchequer George Osborne said “We want to make sure we are able to handle an institution that previously would have been too big to fail … We are confident in this framework, but we are testing it.” |

| Another article within the pages of “The UK Column” is entitled “Legacies, Clouds & Uncertainties”. This article discusses the recent release of the IMF’s World Economic Outlook update entitled ‘Legacies, Clouds & Uncertainties.’ The article says that while attempting to put a brave face on the current situation, the IMF tried to divert attention onto the fraudulent notion of “growth.” In this context they completely ignored the fact that the growth they spoke about fails to meet current debt obligations, never mind unfunded future obligations such as old age care and pensions.  An incredible amount of seniors are claiming disability benefits, social security, Medicare and Medicaid; driving the welfare spending to nearly $1 trillion per year in the US alone. They downplayed the successes of emerging economies, since these economies are no longer playing casino finance, opting instead for real physical economic development. One area they could not ignore is the systematic risk still running through the financial system “Easy financial conditions and the resulting search for yield, could fuel financial excess. Markets may have under-priced risks by not fully internalizing the uncertainties around the global outlook. A larger-than-expected increase in U.S. long-term interest rates, geopolitical events, or major growth disappointments could trigger widespread disruption.” |

| “Downside risks have increased compared with the spring. The main reason is the increase in geopolitical risks, including turmoil in the Middle East and international tensions surrounding the situation in Russia and Ukraine. Also, with the baseline now reflecting increased financial market optimism – risk spreads and major implied volatility indicators are close to pre-crisis expansion lows. Equity prices have continued to rise, and longer-term yields have declined – downside risks from a financial market correction have increased.” In other words, we are looking at a major risk of a major financial crash. When the IMF are telling you to prepare, you need to prepare and quickly! |

> Are you see a pattern here?

=======================================

| On September 25, 2014 Pastor Williams asked me to send out a newsletter entitled “Buy Gold As Quickly As Possible!” As predicted gold didn’t fall far south of $1,200 an ounce at $1,180 per ounce on October 6, 2014 before it rebounded to just under $1,250 an ounce today. As I have said many times, gold has been trading historically for the past several years between $1,200 and $1,400 an ounce. Our prediction was correct once again! Please take notice of what Pastor Williams has told you time and again, “Gold & Silver, that’s the currency of the Elite!” He has only recommended tangible assets such as physical gold and silver. I am sure many of you took his advice and purchased as much gold as you could lay your hands on. If you haven’t, physical gold is still very cheap and I recommend that you purchase physical gold today before it rises significantly. My personal recommendation for anyone looking at investing in physical gold is Regal Assets for their first class service, especially for IRA and 401k rollovers. You can contact them for help and advice on getting out of paper and into tangible precious metals on 1-888-748-6766. |

> I've already debunked the Gold Rush using news and real sources:

Looming Financial Crisis? - 06.24.2014
http://globalistnews.blogspot.com/2014/06/looming-financial-crisis-06242014.html

The Gold Update - 07.25.2015
http://globalistnews.blogspot.com/2015/07/the-gold-update-07252015.html

Looming Financial Crisis? UPDATE (12.14.2015)- Where's your Gold now?
http://globalistnews.blogspot.com/2015/12/looming-financial-crisis-update.html

> Updates I've not sent out:

Why the Gold Standard Is the World's Worst Economic Idea, in 2 Charts
Matthew O'Brien Aug 26, 2012

Whether it's 1896 or 2012, it doesn't make sense to crucify our economy on a cross of gold

The greatest trick Ron Paul ever pulled was convincing the world that the gold standard leads to stable prices. http://www.bloomberg.com/news/videos/b/32de875b-bb3e-4a9f-a54c-87c66fcee8e2

Well, maybe not the world. Just the Republican Party. After a 32-year hiatus, the party's official platform will include a plank calling for a commission to look at the possible return of the gold standard. There might be worse ideas than this, but they generally involve jumping off the Brooklyn Bridge because everybody else is doing it.

more here:
http://www.theatlantic.com/business/archive/2012/08/why-the-gold-standard-is-the-worlds-worst-economic-idea-in-2-charts/261552/

Gold Holds Gains as Investors Ask `Now What' for U.S. Fed Rates
December 20, 2015 — 5:58 PM CST
Luzi-Ann Javier | Kevin Crowley
Updated on December 21, 2015 — 10:11 AM CST
http://www.bloomberg.com/news/articles/2015-12-20/gold-holds-weekly-drop-as-investors-ask-now-what-for-fed-rates

> It's not going to matter in a cashless society.

Sweden ‘on way to becoming cashless society’
14/12 19:03 CET
watch here:
http://www.euronews.com/2015/12/14/sweden-on-way-to-becoming-cashless-society/

> He's wrong about Gold, period.
> He was so wrong, that if you have bought it at the price of $1,250/ounce, you would have lost a good chunk of change since it's now at: $1,079.80/ounce.

=======================================

| In his new DVD “Special Events Scheduled for 2015” Pastor Williams warns you about what is about to happen with the stock market and derivatives market. These are not idle warnings, official announcements are happening by the day and you cannot pass by a warning from the IMF. The Elite are making their plans, why are you not making yours? Like dominoes everything Pastor Williams’ Elite friend has predicted is occurring before your eyes. Do not procrastinate. It is time to start preparing for the worst. Please purchase a physical copy of Pastor Williams’ new DVD “Special Events Scheduled for 2015” and share the information with your family and friends. You can purchase a copy by calling Prophecy Club on 1-888-799-6111.

Remember, the American dollar as a symbol of stability is over. It is already no longer the sole world reserve currency or currency for the worldwide trade of petroleum. Reserve currency status does not last forever. Plans are already in place for a new world currency. Plans are in place to reset the global currencies, crash the stock market and correct the derivatives market. Pastor Williams has given you the information to protect your family from the crash. His recent DVDs allow you to accurately predict events scheduled for 2015, which he has dubbed “the most unusual year you have ever lived through“. Last year I wrote a free 100 page guide entitled “10 Steps to Avoid the Crash”, in this guide I expand on the ten steps that can help you to survive, even thrive through the coming collapse. I know many of you have started preparing. I cannot tell you too often that preparedness is important to safeguarding your family’s health and wealth. |

> Are you seeing the pattern yet?

=======================================================================

> This year...he's doing it again:

World Wide Financial Collapse Scheduled for between September and the end of December 2015!
by James Harkin on Wednesday, June 10th, 2015

WARNING! From Lindsey Williams: I just received an email from my Elite friend. My Elite friend indicated that they have a World Wide Financial Collapse scheduled between September and the end of December 2015!

http://www.lindseywilliams.net/world-wide-financial-collapse-scheduled-for-between-september-and-the-end-of-december-2015/


> So, what is he doing?
> He's what I like to call, "A Prophet for Profit"

“this is just what we predicted in our latest DVD – Special Events Scheduled For 2015”


> If he had the absolute inside scoop on what the elite are going to do, he would not have to sell it.

> Instead, he gives pieces of information one can find by simply reading mainstream, well sourced, CFR agenda news.
> Yes, the they don't mind putting the truth in the news, they know people don't have a way to filter it.

> Oh, and those oil prices:

Brent Oil Slides to 11-Year Low as Producers Seen Worsening Glut
Mark Shenk  Grant Smith
December 20, 2015 — 5:53 PM CST Updated on December 21, 2015 — 8:58 AM CST





http://www.bloomberg.com/news/articles/2015-12-20/brent-trades-near-7-year-low-as-u-s-drillers-boost-rig-count

> So, was he wrong?
> I'd say yes, because of all the dates he set and his plain as day trying to make a living on fear.

> I mean really.
-Spyda

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