“We’re done folks. CNBC is reporting that there are now clients running out of the markets entirely because they do not believe their customer funds are safe. That’s the end of it. The belief that there are more MF Globals has now taken hold. The thieves have pushed it too far and now we’ve got the start of a global liquidity run, and with good reason”
— Karl Denninger at The Market Ticker
[Gerald Celente, noted financial analyst and publisher of The Trends Journal, said recently that he’d lost six figures in the collapse of MF Global, which owned his commodity futures brokerage file and filed for bankruptcy on October 31, 2011. MF Global was headed by corrupt ex-Goldmanite Jon Corzine, who has resigned from MF and is now being sued by investors.
“When I say take your money out of the banks and put it under the mattress, this is not advice,” Celente says. “Personally, I buy gold coins from reputable companies. I take my money out of investment funds and I buy gold and silver. You need the three g’s — gold, guns and a get-away plan.”
Celente has called for “direct democracy” recently, a demand that I think is in tune with what the financial elites want. That’s what made me think the MF collapse was being used as a false-flag of some kind.
It was, maybe, intended to provoke a run and Denninger is amplifying it.
I recall that Max Keiser (a former derivatives trader and leftist who has now set himself up as a critic of derivatives) tried to provoke a bank run on JP Morgan, by telling people to go buy silver in December 2010.
Keiser disengages himself from Al Gore these days, but he still believes in anthropogenic global warming and the need for something to be done about it.
He seems to want chaos and confrontation on the streets, according to those who follow him closely. He is in favor of a carbon exchange, which, as a trader, he probably knows would be very lucrative for insiders.
On the forums of PrisonPlanet, one observer notes that Keiser claimed that if silver went to $47, JP Morgan would collapse. Well, silver went to $49 this year, and JP Morgan is still around.
I have no idea what Celente’s role is in all that, but it’s all mighty suspicious to me.
He has, for instance, said that he is “all for this Occupy Wall Street”.
No ifs, no buts. No reservations. No questions.
It’s all good, for Mr. Celente. It’s all democracy, even thought it’s apparently paid for by billionaire George Soros, to whom the CIA has essentially outsourced its functions.
I didn’t comment on the story before, not knowing what happened exactly, but now I’m beginning to think it was intended to provoke a run and maximum panic. Apparently, it’s had that effect.
Celente and others are also promoting “direct democracy”, which, like “full transparency”, is something the elites want, whatever its inherent merits. Those merits aren’t the point. The elites will use whatever tool they can.
The point is direct democracy in which the social media is manipulated anonymously by intelligence agencies, corporations, governments, and media shills, is tyranny by another name.
Here is what I wrote about Celente last month.
Gerald Celente Stabs anti-NWO Folks Front, Back, and Center, October 14, 2011:
I do not say that direct referendums necessarily lack merit. They might work, were we living in small city states…. and were the internet discontinuous, fragmented, and highly private…. and were most people rational, well-educated, self-critical and self-reliant.
But we aren’t, it isn’t, and they aren’t.
So Direct Internet Democracy will not be anarchism, right or left, and it won’t be Christian liberty. Nor will it be federalism or decentralization.
It will be the direct control of the masses through electronic networks, propaganda, surveillance, and co-option of alternative mouthpieces of all stripes, across the board.
Direct Electronic Democracy = Tyranny
I call it Direct Electronic Action for Tyrants and Demagogues
Which equals DEATH. The death of true liberty.