It is not often I write something as important as what follows. It
was said after the last crash that “no one could’ve seen it
coming”. This was not so back then and is not so today. If
you were looking for the truth in 2007, the average investor had ample
warning from many sources warning of what was to come. The warnings are
now much louder, far easier to hear and coming from some mainstream and
even “official sources”. Are you listening?
After the biggest financial and social crash in history occurs,
“they” will say you were warned! Who are “they” and how exactly were we
warned? For several years and in particular the last 12 months, the IMF
(International Monetary Fund) and the BIS (Bank for International
Settlements) have been issuing warning after warning. They have truly
warned us as I will show you. Do I believe they did this out of the
goodness of their hearts? No, I believe it has been in “c.y.a” fashion
followed by their laughter because the sheep have and will sleep through it
all until it’s too late.
Thanks to Larry White from www.Lonestarwhitehouse.blogspot.com a full listing of
the recent warnings has been compiled and logged. I had seen each
one of these over the last year and have even commented on a couple of them
but it never really registered with me there were so many. Normally I
try not to “link” articles to death, this one is different because it
is important you see how many and just how in depth the warnings have
been! I will asterisk the three most important articles in my
opinion, there have been 16 such warnings over the last 12 months!
July 2014 – BIS –BIS Issues
Strong Warning on “Asset Bubbles”
July 2014 – IMF –Bloomberg: IMF
Warns of Potential Risks to Global Growth
October 2014 – BIS –”No One Could
Foresee this Coming”
October 2014 IMF Direct Blog –
What Could Make $3.8 Trillion in global bonds go up in smoke?
October 2014 IMF Report –”Heat
Wave”-Rising financial risk in the U.S.
December 2014 – BIS —BIS Warnings
on the U.S. Dollar
February 2015 – IMF – Shadow Banking –
Another Warning from the IMF – This Time on “Shadow Banking”
March 2015 – Former IMF Peter Doyle – Don’t
expect any warning on new crisis -Former IMF Peter Doyle: Don’t
Expect any Early Warning from the IMF -
April 2015 IMF – Liquidity Shock –IMF
Tells Regulators to Brace for Liquidity Shock
May 2015 BIS – Need New “Rules of the Game” –BIS:
Time to Think about New Global Rules of the Game?
June 2015 BIS Credit Risk Report –BIS:
New Credit Risk Management Report
June 2015 IMF (Jose Vinals) –IMF’s
Vinals Says Central Banks May Have to be Market Makers
July 2015 – IMF – Warns Pension Funds
Could Pose Systemic Risk (no blog article)–IMF warns pension
funds could pose systemic risks to the US
And there you have it in black and white! You have been
warned! MANY TIMES in fact…and from the most inside and official
of sources! Yet on a daily basis we hear from our own mainstream
press, Washington and Wall St. …don’t worry be happy! These
are very real articles with well thought out and cogent logic.
They are not to be ignored!
One piece by the BIS last October talked about the “no one could have
seen it coming” meme we heard so often back in 2008-09. THEY see it
coming and have been telling you for over a year! Please
understand this, the BIS is the central bank for central banks. No
one knows the inside situation (particularly in derivatives) better than they
do. If you don’t believe me or others who have worked so hard to get
the warnings out, listen to what both the BIS and IMF are telling you.
They have gotten out in front of this and will only say “we tried to warn
you” after the fact.
As a chuckle to finish, below is a photo of me and CIGA
Dave in front of the BIS headquarters after deciding to heed their warnings
personally!
Standing Watch,
Bill Holter
Holter-Sinclair
collaboration
Comments Welcome! bholter@hotmail.com