Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo Mike Adams Natural News ( http://www.infowars.com/?p=6246 ) November 29, 2008 An internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim. "The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock," wrote Tom Fitzpatrick, Citibankâs chief technical strategist. He goes on to explain that the massive money creation efforts by the Federal Reserve and other central banks will end with one of two things: A resurgence of inflation, or a fall into "depression, civil disorder and possibly wars." Either outcome, he says, will cause the price of gold to skyrocket. Gold will push to well over $2,000 per ounce, he explains. The timing on all this? Sometime in either 2009 or 2010, said the analyst. This coincides with predictions Iâve made here on NaturalNews.com, where Iâve publicly predicted price inflation of 20% - 40% in 2009, and the financial collapse of the United States government (sometime before 2025) due to an irreversible debt burden. Iâve also predicted that when the people wake up and realize their dollars have been looted by the Treasury and turned into worthless pieces of paper, there will be riots in the streets. These events have already been set into motion. It is now only a matter of time until they bubble to the surface. On the day the mainstream taxpayers actually figure all this out, donât be caught out in public. Stay home. Click to read: Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo http://www.telegraph.co.uk/finance/...e-above-2000-next-year-as-world-unravels.html From Telegraph.co.: Citigroup said the blast-off was likely to occur within two years, and possibly as soon as 2009. Gold was trading yesterday at $812 an ounce. It is well off its all-time peak of $1,030 in February but has held up much better than other commodities over the last few months â reverting to is historical role as a safe-haven store of value and a de facto currency.
With this type of predictive ability, one can see how Citibank was able to anticipate this crisis and sidestep its effects. Oh, wait...
BTW, Tom Fitzpatrick and his group at Citibank (CitiFX) have been very accurate many times.....UNLIKE the pathetic upper ranks of Citibank who have been manipulted by the globalist wealth entities.
Why does it always has to be terrible news that drives up the price of gold. Why cant it just be about suply and demand.
Analyst Tom Fitzpatrick ( as do many ET posters conveniently ignore ) the fact that the world's central banks can also drain "liquidity" out of the banking system too. Does anyone really believe that the FED is just gonna sit on its hands and allow all of this liquidity to remain in the system as the economy finally gains some traction and price stability occurs from all of the current deflationary pressures? How can anyone be so naive. Seems like Fitzpatrick's internal client "memo" is a sales/marketing tool to get people interested in Citibank research. Just another advertising tool.
Listening to Citibank research is like having Putin tell you about basic human freedoms. Why listen to people who blow their own houses up? Obviously, they didn't heed their own advise. I just love UBS commercials.
Too many obsessed with gold , which will not save you when the starving hoards come through your window to steal your bread.
landis ? the fed has pumped over 7.7 tril into who knows where ? they are desperate man ! please wake up ! the only thing the fed has control of now is the printing press. bgp