What is spooking the Fed? Are emergency meetings signalling the perfect storm is upon us?

perfect_storm

As I reported yesterday, April 12, the Federal Reserve’s Board of Governors is holding several “impromptu” (read “emergency”?) meetings this week. After the first one held on Monday, April 11, Fed Chairwoman Janet Yellen was summoned to the White House for another irregular meeting with the President.

Both of these meetings were held behind closed doors and went mostly unreported by the mainstream media. “Unfortunately, we don’t know exactly what was said in those meetings, but we do know it is highly unusual for the Fed to invoke ‘expedited procedures’,” as precious metals expert Mike Maloney noted, also pointing out that more impromptu meetings of the Board of Governors have now been scheduled for Tuesday, April 12, and Wednesday, April 13.

Incidentally, the Washington-based International Monetary Fund (IMF) is also holding its spring meeting this week, April 15-17, where the joint Bank-IMF Development Committee and the IMF’s International Monetary and Financial Committee will “discuss progress on the work of the Bank and Fund”.


Update #1

The World Bank held a round table with its chief economists on Wednesday, April 13, where they discussed current conditions, the outlook for each developing region, and how “emerging markets and the developing world are at the center of the current slowdown in global growth”.

Update #2

Finance ministers and central bank governors of the G20 also met in Washington on Wednesday (April 13) and Thursday (April 14).

Update #3

Current banker meetings are deciding how to confiscate your bank and retirement accounts – Dave Hodges, The Common Sense Show

Update #4 – April 18

What did Fed Chairman Yellen tell Obama? | Ron Paul | Infowars.com


Here are a few things that may be on the table as these people meet this week:

  • Bail-ins have begun

Over the weekend, Austria has proceeded to its first bank “bail in”, a measure which has been quietly introduced in Canada’s latest federal budget.

  • Puerto Rico debt crisis

Interviewed on Monday by John B. Wells on the Caravan to Midnight, author and financial expert James Rickards mentioned that Puerto Rico had also proceeded to a bank bail-in last week, which I am unable to confirm at this time. However, Puerto Rico is effectively on the verge of bankruptcy. On Tuesday, April 12, a bill was introduced in the House of Representatives to “ease” Puerto Rico’s $72 billion debt crisis, as reported by The New York Times.

  • Silver on the rise

An email I received this morning from Mike Maloney’s GoldSilver.com notes that silver has finally made a breakthrough above the $16 key resistance level, rising more than 5% over the past few days, which might signal that silver is entering a long expected bull market. This may also signal shortages in physical silver. Last summer, as noted in said email, shakiness in stock markets caused a rush into physical silver, The burst of demand caused a shortage, pushing up prices and pushing out delivery dates for months.

  • Shanghai Gold Exchange about to go live

The Chinese are set to launch their yuan-denominated Shanghai Gold Price Fix on April 19th – incidentally a very significant date in occult and Satanist circles, as noted by Jim Willie (Golden Jackass). The launch will also coincide with the introduction of the Shanghai RMB-based Gold Futures contract.

  • CIPS also about to launch

The Chinese Interbank Payment System (CIPS), established as an alternative to the SWIFT bank transaction system, is also ready to launch after being successfully tested last February.

  • OPEC meeting

As reported by International Business News, officials from more than a dozen energy-rich countries are expected to meet this week in Doha, Qatar, to discuss a possible deal to boost oil prices. The country has invited all 13 OPEC members plus Russia, Mexico and five other non-OPEC nations to the April 17 meeting, where leaders have agreed to consider freezing production to January levels.

economic-collapse

These are just the alert signals I have been able to identify over the last 24 hours – I am sure there are more. As James Rickards told John B. Wells, the global economic meltdown is “an absolute mathematical certainly” – the only question is “when will it happen?”, he said, insisting that it might happen any time now : It could be today, it could be tomorrow, but it will happen, he warned.

So, I repeat Greg Hunter‘s admonition : “Fear not, but prepare yourself – mentally, physically, and ABOVE ALL spiritually – and fear not, God is in charge.”

Henri Thibodeau RiderInBlack Henri’s Web Space

I encourage you to freely redistribute my posts, so long as the text is unaltered and provided full credit with a live link back to the original story are given.

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One Response to What is spooking the Fed? Are emergency meetings signalling the perfect storm is upon us?

  1. Henri,
    This was very good and you brought up a few points I have not considered. I think the Fed is planning a controlled crash. They know they can’t keep the aircraft flying so they are looking for a crash site. Hope it is not in to a side of a mountain. The Puerto Rico is the biggest dead canary in the coal mine. They are going to let PR go Chapter 9 and that means no confiscation of recourse for bond holders. The debt market is the biggest financial hole on earth. Thank you for sending me this.
    – Greg Hunter, USAWatchdog.com

    Like

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