Benjamin blablabla Fulford 9-23-19… “Many signs point to imminent, bigger than Lehman financial tsunami”
Benjamin blablabla Fulford 9-23-19… “Many signs point to imminent, bigger than Lehman financial tsunami”
Benjamin Fulford 9-23-19… “Many signs point to imminent, bigger than Lehman financial tsunami”
Posted on 2019/09/23 by Kauilapele
[Kp note: just wait til you see the full article… mind “blowing”!]
New weekly report from Ben. I believe Ben has also spoken of something like what he writes about here in a recent video (posted here).
Although Ben rarely (never?) mentions Q or the Alliance, I do believe that all of these things are “handled” (by them and DJT), and that this will play out in a non-tsunami, non-fear-inducing way. Let’s face it, we’re already in a “Tsunami of Light” as it were. So I am going to remain with that Tsunami, and ride that wave, and enjoy that ride, no matter what happens in the 3D-visible world!
As with all of Benjamin’s posts, feel free to “tune in” to that Higher Discernment while reading.
“Veteran financial market observers will tell you that anomalies in the financial markets last week point to some sort of black swan event on the horizon. This could be—cross your fingers and knock on wood—the signs of the long-awaited implosion of the U.S. Corporate government. It could also be the signal for a new Bretton Woods-style reboot of the world’s financial system.
“The jump from 2% to 10% in the Repo market in a single day either means insiders think U.S. bonds are about to become worthless, or else some huge bank is about to go bust and so nobody wants to hand any cash over to them…
“The… SOFR moved 282 basis points… people typically freak out over a move of even 20 basis points… [this] indicates that a mega-bank or several mega-banks could not get money from other banks.
“This sort of move was last seen at the time of the Lehman shock.
“The privately owned Fed has been trying to calm things down by offering to dish out $75 billion per day between now and October 10th.”
————————————————————–
Many signs point to imminent, bigger than Lehman financial tsunamiBy Benjamin Fulford, White Dragon Society, September 23, 2019
Veteran financial market observers will tell you that anomalies in the financial markets last week point to some sort of black swan event on the horizon. This could be—cross your fingers and knock on wood—the signs of the long-awaited implosion of the U.S. Corporate government. It could also be the signal for a new Bretton Woods-style reboot of the world’s financial system.
To understand, take a look at these two graphs from September 19th. The first is the Repo market, and the second is SOFR (Secured Overnight Financing Rate)—the replacement for Libor.
https://www.zerohedge.com/s3/files/inline-images/overnight%20repo.png?itok=ZRVq-AIV
https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/inline-images/SOFR%209.18.jpg?itok=VdFxRkwo
The Repo market is basically a market where banks etc. use long-term high-quality financial instruments like U.S. government bonds as collateral to borrow here/now cash. The second is the rate at which banks lend to each other. The jump from 2% to 10% in the Repo market in a single day either means insiders think U.S. bonds are about to become worthless, or else some huge bank is about to go bust and so nobody wants to hand any cash over to them.
The second, SOFR, moved 282 basis points, in a market where people typically freak out over a move of even 20 basis points. The SOFR move, at the very least, indicates that a mega-bank or several mega-banks could not get money from other banks. This sort of move was last seen at the time of the Lehman shock.
The privately owned Fed has been trying to calm things down by offering to dish out $75 billion per day between now and October 10th. That’s interesting timing, because the U.S. Corporate government has a payment deadline on September 30th and would be given until around October 10th (or the 17th at the latest) to come up with the money if it failed to pay up on September 30th.
A British Royal family member explained, “The financial industry has been bankrupted by…
Thanks to KP at: https://kauilapele.wordpress.com
Purpleskyz- Admin
- Posts : 5614
Join date : 2011-08-16
Location : Woodstock Nation
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» The Euphrates Center discussed: the causes and repercussions of the double economic shock in Iraq
» Financial planning and poverty alleviation
» Saleh to new ambassadors: Iraq looks forward to strengthening its political relations and easing regional tension
» Nazem: The Pope's visit will bring economic and cultural benefits to Iraq
» Deputy is likely to pass the budget during the current week
» Parliamentary Finance: We have not received any notice regarding the date of the session to vote on the budget
» Dismissal of the most failed finance minister, Abdul Amir Allawi
» Deputy: Iraq is the only country where discussion of the budget continues for four months and more !!
» Representative energy: the budget is based on support for agriculture and industry, and a significant reduction in the deficit
» Advisor to the Prime Minister: The government may not need to borrow for this reason
» MilitiaMan: "They'll be at it until budget law is approved, so they say. Leaving nothing but an announcement" 2/28/21
» Adam Montana: "$61! Which happens to be above where we need them to be for a launch of the RV" 2/28/21
» Guru Pimpy: "The higher it goes...it's really good for the currency" 2/28/21
» Guru Jeff: "They have to keep and exchange the 3 zero notes after the rate change" 2/28/21
» Mnt Goat: "EACH DINAR EQUALS $3, AS IT WAS PREVIOUSLY" 2/28/21
» Frank26: "You're going to walk into a bank and you're going to present your dinars" 2/27/21
» MilitiaMan: "the way to do that is raise the value of the exchange rate to be the strongest in the region" 2/27/21
» Guru Jeff: "This is more confirmation we're inching up on the rate change" 2/27/21
» Excerpts from "The QFS is the New Gold Standard" by Ron Giles - 2/27/21
» Judy: "Tier 4B could be notified to set redemption/ exchange appointments on Mon. 1 March" (Next Month It Will Be On April 1) 2/28/21
» Fleming Update - "He said It’s still on course and coming in for a landing" (Stolen From Okie! LOL) 2/28/21
» Economist to NINA: The dollar will decline against the dinar due to the increase in oil prices
» The Ministry of Finance achieved 3 trillion and 800 billion dinars in tax revenue for the past year
» A parliamentary committee threatens again to boycott the vote on the current budget
» The Basra government is discussing with the Japanese deputy ambassador the implementation of Japanese loan projects in the province
» Ministry of Finance: Iraq internationally maintains its credit rating
» Dollar exchange rates in local markets 2/28/21
» Iraq's oil exports to America are falling to zero
» Border ports: February revenues amounted to 90 billion dinars, after the tightening of procedures
» Gholami reveals the proceeds and the quality of Iranian exports to Iraq since last March
» Central Bank: Cash Reserve has now exceeded $ 55 billion
» A scientific symposium entitled: Deleting zeros from the Iraqi currency (implications - future repercussions)
» KRG REACHES BUDGET AGREEMENT WITH COUNCIL OF REPRESENTATIVES’ FINANCE COMMITTEE, CLAIMS KRG REPRESENTATIVE
» Allawi summarizes the "negatives" of the political process in Iraq during the 17 years and warns of an armed clash
» Sairoun: Accusing us of raising the price of the dollar is political auctions
» Oil Minister: A serious discussion with France's Total and Russia's Lukoil to build gas production plants
» The Agricultural Bank announces the loans provided to citizens and specifies their details
» Learn about the most important articles and paragraphs that have been included in the 2021 budget
» Deputy: The outstanding issues with the region have not been resolved so far, and it is part of the delay in approving the budget