(58 Minutes) - A Friend of Medjugorje, in telling of the recent market crashes and the coronavirus, shows just how fragile the world’s economy really is. And, he offers a solution.
**The text in this transcript may not match perfectly with audio. Subject
to change**
[ANNOUNCER]
The
subject matter contained in this presentation is based on Biblical principles
and designed to give you accurate and authoritative information with regard to the subject matter covered. It is provided
with the understanding that neither the presenter nor the broadcaster is
engaged to render legal, accounting, or other professional advice. Since your
situation is fact-dependent, you may wish to additionally seek the services of an
appropriately licensed legal, accounting, real estate, or investment professional.
"No
one can serve two masters. He will either hate the one and love the other, or be devoted to one and despise the other. You
cannot serve God and mammon. Therefore I tell you, do
not worry about your life-- what you shall eat or drink-- or about your body--
what you will wear. Is not life more than food, and the body more than
clothing?
"Look at the birds in the sky. They do not sow or
reap. They gather nothing into barns, yet your Heavenly Father feeds them. Are
not you more important than they? Can any of you, by worrying, add a single
moment to your life span?
"Why are you anxious about clothes? Learn from
the way the wildflowers grow. They do not work or spin. But I tell you that not
even Solomon in all his splendour was clothed like one of them. If God so
clothes the grass of the field, which grows today and is thrown into the oven
tomorrow, will He not much more provide for you, oh you of little faith?
"So do not worry and say, what are we to eat? Or
what shall we drink? Or what are we to wear? All these things the pagans seek.
Your Heavenly Father knows that you need them all.
"But seek first the Kingdom of God and His
righteousness, and all these things will be given you besides. Do not worry
about tomorrow. Tomorrow will take care of itself. Sufficient for a day is its
own evil."
[THEME
MUSIC]
[ANNOUNCER]
This is Mejanomics
with a Friend of Medjugorje.
[REYES]
And you are listening to Mejanomics with
a Friend of Medjugorje. And in todays broadcast, he has a lot of things which need
to be covered. But first, we want to share with you some of the things which have
been happening over the past few days, and those are the news clips that you will
be hearing. But what you will be hearing from a Friend of Medjugorje in between
all of that are the things that he has been speaking about and predicting over the
past few months, a result that we see very clearly comes from an understanding of
the messages.
[CLIP]
[A FRIEND OF MEDJUGORJE]
Theres cycles since the Roman days of every seventy years of
a crash worldwide, where everybodys connected. Were way beyond that because we
have been able to perpetuate a lie.
[RUTH]
If
you pray, God will help you [to understand] the true reason for my coming
[A FRIEND OF MEDJUGORJE]
People are going to be shocked when they learn of what
Our Lady says, A great struggle
is about to unfold And that
word unfold is not just about the battle, but also the changes upon the earth.
[MAN]
This morning, investors are on edge fearing a repeat of
Mondays Wall Street rout. The Dow-Jones industrial is plunging more than two thousand
points, its worst day of trading in more than a decade.
[A FRIEND OF MEDJUGORJE]
You say, Well,
Im not in the stock market. The stock market affects everything. This is a
form of usury, and now its become respectable instead of sinful. And whats sinful
always corrects. The crash in 1929 was about that, a big, major correction.
[MAN]
This morning, Italy on lockdown. All sixty million residents
now advised to stay home as much as they can. After the death toll from Coronavirus
jumped to 463 on Monday, almost one hundred more than the day before, making it
the worst hit country after China. In an unprecedented move, the entire country
declared a zona rossa or red zone. Church Masses,
sporting events and special conferences, all cancelled. Schools now closed until
April. This was the scene at a local supermarket. People stocking up just after
the announcement was made.
[A FRIEND OF MEDJUGORJE]
Its good, in the time of grace, to contemplate these things
and to see what you need to do now, not to save yourself, but to live closer to
what God has ordained for us instead of what the devil has ordained for us, consumerism,
modernism, the love of things, which, in the end, will be useless.
[MAN]
It feels very eerie. It feels like a medieval city. You cant
go out. No ones coming in. Schools are closed. Universities are closed. Cinemas,
museums, galleries. It feels almost unthinkable, almost like end times, really,
you know. We walked down the main roads, and there are no cars. It feels very strange.
[A FRIEND OF MEDJUGORJE]
Ivan has told us, there will be physical changes upon the
earth! Oh proud man! You think were going to escape a
crash that has always happened since men began? Before 1929, everything looked invincible.
Everything climbed. The stock markets went over the top. There was no end to it.
And were there now because everything is climbing. Everythings going higher. But
one thing you can rest assured, what goes up goes down.
[WOMAN]
Now, lets talk about business. Lets talk about the economy.
People see, I know the market is not the economy, but when you start seeing the
biggest one-day point drop ever on Wall Street
[WOMAN]
But heres something you need to remember. This is not
the financial crisis. The financial crisis had a disastrous underlying economy.
Were not in that situation. It was a week ago we got a great jobs report. We got
really good unemployment numbers. What we have on our hands
is a public health emergency. It is impacting the economy, but were going to see
brighter days again because businesses werent doing disastrously a week ago.
[A FRIEND OF MEDJUGORJE]
We have more jobs in America than people to fill them.
Were booming! But that also is biblical. Pride comes before the fall. And thats
what God allows often, something to go so far up, so high, that the fall is great.
And we have great pride today in wealth and people have more and more confidence
making more and more money, expanding things. So, while everything looks good for
us, its a dangerous sign because its overconfidence. God allows this confidence
for those who need to be humbled. And thats what a crash will do. Its going to
bring humility back into the hearts of a lot of men, and theyre going to be desperate.
[MAN]
Its not just the stock market. Americans are seeing the
effects in all parts of their lives. Airlines have cut back on flights because fewer
Americans are buying tickets, with demand expected to fall nearly nine percent,
potentially the countrys worst year on record. Passengers sharing photos of empty
seats on social media. From coast to coast, a growing number of universities are
cancelling in-person classes. The city of Chicago says cancelled events will mean
one hundred thousand fewer visitors this month. In San Francisco, there will be
no group events of city-owned facilities for at least two weeks. With tip-off for
March Madness just over a week out, the fate of the popular college tournament is
up in the air. As Coronavirus anxiety sweeps the nation, also hard hit the T.V.
and live entertainment sectors.
[A FRIEND OF MEDJUGORJE]
In
this time
She said, Thisis
my time
In
this time, when due to the spirit of consumerismDo not let satan
attract you through material thingsChoose life and not death of the soul
What else needs to be said? We must act. We must move the
message when Our Lady said, several times, be ready
[SONG PLAYS BRIEFLY]
[MAN]
From toys and tech to clothes and cars, many American staples,
of course, are still made in China. But the deadly Coronavirus outbreak is causing
a huge supply chain stutter.
[WOMAN]
China is responsible for driving around a fifth of global
economic growth, so, the fact that were seeing factories shut down, consumers staying
at home and not able to spend money, that all means that we can expect to see the
global economy also take a hit.
[A FRIEND OF MEDJUGORJE]
Were well over twenty trillion dollars in debt just in
our nation. You count the debt of other nations and the cognitivity
of all of us together, one big domino that falls, they all fall. Everything is ripe.
What happened on Black Thursday was a great panic because truth showed itself immediately,
and the lying voices were exposed.
[MAN]
Despite an ongoing trade war, China is still the United
States largest trading partner. But American businesses and consumers are now starting
to see the Coronavirus ripple effect. On Monday, Apple became the first major U.S.
company to announce it wont meet its revenue projections for this financial quarter.
China makes eighty percent of the worlds smart phones and tablets, and iPhone production
has fallen victim to the outbreak. Over one million Amazon sellers who depend on
factory workers in China for their small business marketplaces are now facing serious
inventory shortages as well. And apparel companies are bracing for a financial hit
and significant delivery delays. Under Armor CEO telling CNBC, hes expecting a
sixty-million-dollar loss for the start of the year. Cars are not doing any better.
Many Chinese auto plants, including factories run by Tesla, Ford and Nissan, have
all shut down. And as goods bound for the U.S. remain stuck in Chinese docks, analysts
say shoppers might start seeing items missing from big-box store shelves as early
as April.
[END CLIP]
[REYES]
So, this was a recent news that you were hearing with a Friend of Medjugorje
and the things that he has been saying over the past few months.
[A FRIEND OF MEDJUGORJE]
Peter Schiff is an investor of gold with a company, Euro Pacific Capital.
He said yesterday, March 11th,
Its
not a coincidence that financials are leading the decline now just like they did
in 2008. We are headed for another financial crisis, only much worse than the last.
Although too big to fail
(12:03) banks we bailed out before are much bigger now and will cost even more to
bail out.
In other words, its not going to happen. Before, the governor bailed us
out. But do you know whos going to bail out the banks in this next crash? Your
savings. Your investments. Your 401(k) retirement. It matches! Its very alluring.
What good is it when you have it matched, if you put ten dollars or a thousand dollars,
and your employer matches that, and it all goes away anyway? What is it worth? These
things are spread out in the markets, in developments and all kind of sorts of investments,
which is one of the dominoes thats going to fall with the other dominoes.
Theres only one thing to do, is to preserve the wealth that you have. How
do you do that? You put it in metal. Man will always go back to gold and silver
when something happens. Its natural. Its the only thing he knows to go back to.
Its happened over and over and over like a wheel turning around. Mans nature,
the same.
Twenty-five years ago, at least, a financial investor was visiting here,
and he told me back then, and Ive talked about this before, that we have a crash
coming. He would come here frequently, and Id ask him, Well, what do you think
now? He says, Well, its going to happen. And we thought it was going
to happen. Hed come five years later, ten years later. Every time, Id ask him,
What do you think? He said, Its going to happen. I said, I
know that, but what are you thinking? He said, The balloon is just getting
bigger. A needle is very small. We say, Its like finding a needle in a
haystack. Why? Because its very difficult.
Marija said on February 25th, when she got the message,
she was on Radio Maria in Italy. She says this, quote,
This
virus is evil. It doesnt come from God. I am convinced that this situation wont
last long. But for us, it is an invitation to start a new life
How many times have I told and spoken about this through the messages? We
are supposed to change the way we live. Shes saying, through this virus, that its
an invitation for you to change the direction of your life.
Marija continues, after she said, new life
When
I heard this Coronavirus, I asked myself, How can we fight him?
Thats a quote. Question mark. Whos him? satan.
She continues,
As
the name tells us, lets stick to the crown. Lets stick to the Rosary. Holy Rosary
has won on a thousand occasions. Lets start with the Rosary in our families. May
the Lord free us from this fear. Jesus said that certain evil spirits can only be
removed by prayer and fasting. Even for this virus, we start praying and fasting.
And this is a woman whos talking to the Virgin Mary. How much of what she
just said came from Her in her discussions to Our Lady? We dont know, but we know
she talks to Wisdom, and Marija has wisdom!
This crisis is being used. Used for what? Its so exaggerated in many ways.
Is it dangerous? Yes. Last night, almost another two hundred Italian people died,
older people. And its just been named today, a pandemic. But weve had this before.
The influenza killed many, many people, millions of people. But satan is involved with this. He wants to use the Coronavirus
to bring the world down. And its made as the big thing, the gigantic thing that
were thinking about. No. The economy, not of God, is passing, and its only going
to take a little pin to pop it, that balloon, and thats the virus. Its the little
needle. Its going to go away, just like Marija said.
But the potential for what this thing is doing, popping the balloon, exploding it,
is right in front of us.
Yesterday, they stopped commercials on the radio to cover the last hour of
the stock markets to do it live, because if it goes to a certain percentage, the
bull market thats been going eleven years, if it hits a certain percentage point
of loss, it goes into the bear market, and it wont go back into the bull market,
which calculates into an enormous amount of wealth being lost, 401(k)s, retirement,
investments, companies, all these things, by a little bitty pin called the Coronavirus.
Its fear itself. Our Lady said, [Dont] be afraid So, this is being
used in a particular way, through fear, to bring this whole
system down. And sometime, its going to, and Ive talked about that being the case.
We did the broadcast, The Coming Crash, back in January, and it was
a warning. I did the whole broadcast just about this. Weve got several things weve
pulled and done research on that says, The coming crash, in parenthesis. But see,
theyre not going to quote what I did, because Im attached to the Virgin Mary,
and thats embarrassing. We see that we dictate the news cycle many times by what
we drop. Weve had national talk show hosts, very famous people, quote what we do,
but they will not reference it back here because were in that Mary stuff, and that
may sound silly. But see, we have influence.
So, here it is, we hear from Our Lady. We hear from Marija.
You hear things from the broadcast, our writings, all this has been foretold, and
we know, ultimately, things will be crashing because we know, through usury, which
is a sin, its not of God and does not glorify God, is when Our Lady said, Everythingis
passingeverything is falling apart, only the glory of God remains So, this
is the reality. And I can base everything I say and predict because of that, because
I believe in the messages, and you can foretell these things. And if you can foretell
these things, then you need to make your moves and your changes in your life, how
you do things, and preserve your wealth. Youre going to hear a clip in a minute
that says, Wealth storage is not a get rich quick scheme. It is a stay rich
plan. The Miraculous Medjugorje Round is that purpose, to stay with the wealth
that you have. Preserve the wealth of it. Its a great line. Wealth storage
is not a get rich quick scheme. Dont be putting your money into the Miraculous
Medjugorje Round thinking youre going to make money on it. No, youre preserving
what you have. Its not about a scheme to get rich. It is a stay rich plan.
In the last few days, Century Silver has been overwhelmed with phone calls.
Do you want to share some of the comments that people told you?
[JASON]
Sure. Weve actually had to publish, on our website, that weve got so many
calls coming in right now that we will attempt to take them all in the moment, but
if we cant, try to give us at least 24 hours to get back to you. Probably the most
important call that weve had so far is a woman who called to start asking some
questions about her 401(k). Through Century Silver Exchange and the Miraculous Medal
Medjugorje Round, you can purchase the rounds and put them in whats called the
precious metals IRA, where you physically purchase the rounds. However, the drawback
to that is that you cant hold them, similar to a regular
401(k) or IRA.
So, this woman was asking about that, and she said, You know, Id just
would like to find a place to store them somewhere in a depository. Do you know
if theres any nearby where we live? So, I said Id do some research, get back
to her. Well, it turns out, theres not a whole lot of precious metals depositories
that are qualified for storage across the nation. There wasnt anything in her area.
And she said, You know, the more I thought about it, I really, really just need
to get it and have it physically. And so, she decided that shes going to cash
out her entire 401(k), pay the income takes that are associated with that, and the
amount that shes going to do is about $600,000.
[A FRIEND OF MEDJUGORJE]
Were talking about storing something. Were talking about preserving things.
Were not talking about investing. God never ordained it that we just get money
to make more money through investments and I have to be
part of it with the labor. We gain wealth without labor or without effort. Let money itself do that. This is a
usury system. Its a trap from satan, and a lot of wealth
is being wiped away by the hour right now. And ultimately, even if you get it back,
when the stocks go back up, you will lose it. So, wealth storage is terminology
that is excellent in a way that you can preserve what you have. And its true, as
stated, it is not to get rich quick scheme. It is a stay rich plan. That explains
everything.
We have a clip that were going to play from Atlantis Report, March 10th.
This is two days ago. And the guy who writes these things, he has a computer voice
reading that for whatever reason it is. He says some strong things about China.
Perhaps he didnt want to be recognized. Who knows what.
So, well begin this clip.
[CLIP]
The economy is on the verge of another mega-recession/depression.
The Dow crashes into bear market. This is the fastest draw-down from a peak into
a bear market in history. Around the world, factories have gone offline. Schools
have been suspended, and entire cities have been locked down. The stock market and
the economy are going down like the Titanic. This is now about the economy. The
world economy is not just slowing down. It has literally come to a screeching halt.
Manufacturers in China report operating at fifty percent capacity, with fifty-six
percent of normal staff. Supply disruptions are already occurring at the ground
level. Almost seventy-five percent of companies have reported supply chain disruptions,
according to a new survey released by the Institute for Supply Management, ISM.
The real exposure is companies with no real assets to weather the storm. So much debt, so much
just-in-time cash flow. Companies that have been around for decades but cant survive
a two-month revenue interruption. Tourism industry, worldwide, collapsing. With
countries instituting travel advisories, airlines cancelling flights and popular
tourist destinations being put on high alert. People are avoiding crowds, airports
and travel in general. Museums and archaeological sights are closed, events cancelled.
Atlanta, the busiest airport on the planet, was empty yesterday. This may only be
a flu, but it is an economic bubonic plague. Angela Merkel says she expects around
sixty to seventy percent of Germans will be infected, which equates to about fifty-three
million people. There are going to be massive implications to the economy with things
like travel, airlines, gasoline sales, even real estate with spring home buying
season ramping up. Dow down twenty percent from all-time high only a month ago and
not far above the breakeven level for 2019, while fifteen hundred points below the
breakeven for 2018. The housing market is next. The Fed repo goes nuts every day.
Trillions in derivative contracts and every time you see wild swings happening,
which is every day, you can think that these contracts are being activated. Think
of it like fire insurance, and one percent of all homes burn on a given night, a
very small percentage, but enough total loss to collapse all fire insurance companies.
The stock market crash means the banks and pension funds
will crash as well. A lot of companies will go under as well. The Dow companies,
after depleting their cash on stock buyback will seek hand-out assistance from the
taxpayer.
We never really recovered from the recession. Banker bailouts
at taxpayer expense, coupled with QE propping up the economy. And theyve even got
their point man Mnuchin rating the U.S. Treasury. All that coupled with trillions
in unfunded liabilities. Somethings gotta give. Issues
that have been stored up for years and years and years have been triggered by
the virus and everything else. But its back to those fundamental questions about
too much debt, right? The fact that its not an affordable way of dealing with the
issues and all the consequences of all that debt are just not being taken into account.
The central banks around the world are printing confetti
to oblivion. The biggest concern is the ballooning deficit and subsequent debt coupled
with the reality that with interest rates as low as they are, and the Fed holding
over $4.3 trillion in debt that, should the economy falter, nobody has the necessary
maneuvering room to actually to anything about it
Short of devaluing the dollar to ridiculous levels that
would only serve to increase energy cost. And no, were not energy independent.
So, another odd era devaluation of forty-five percent would likely quadruple gas at the pump
prices once again, crippling the economy at a time we could least afford it.
Indicators? The lack of ability and effect of federal bank
reserve policy to fix the problem. The problem? Increased debt is necessary to keep
the overall growth continuing. If everything is a bubble, and we create new bubbles
to get out of it, then how can we be wrong to say that another depression is on
its way?
Europe is in shambles, and now Asia is beginning to go
the same way. The problem is not the flu or the supply lines. The real problem is
debt mountains and mountains of debt, the building of an entire economy on money
that is not really there. This isnt rocket science. As long as supply lines with China are shut down, nothing except
the infusion of phony money will hold the market up, and so far, its not working.
They are not going to let it drop vertically, even though, ultimately, it is going
down.
This is a controlled demolition, so either sit it out and
wait patiently for the bottom or try to time the market and take advantage of the
volatility. No one alive has experienced the magnitude of this disaster unfolding.
Get what you can out of the market and scram while you can. If you havent noticed,
this Friday is the 13th. I think were setting up for a massacre, all-out
panic, multiple market halts and breaks capitulation selling.
The sellers need cash. The few that do have cash are reluctant
to buy. There are not dry powder money on the side lines.
Everyone has all been in the financial markets for the past two years. Right now,
cash is king. You need it to keep the lights on. Credit lines are drying up everywhere.
We saw this same thing happen in 2008, yet nobody is prepared yet again. Nobody
could have seen this coming. Anyone losing money right now has few excuses. Just
simply viewing the bear-bull trend should have signalled to everyone that we were
overdue, and they should have taken their gains a while ago and cared less about
squeezing every last dollar out of the markets. I guarantee
that theres lot of folks these past couple of weeks that would have rather have taken their gains in December 2019 and missed
the top than lost their shirts in February/March 2020. The market can, and probably
will, keep heading down, and the U.S. economy is dead in the water as long as China
is shut down. When things recover, itll be like a train starting in bits and bursts.
And more good news, our federal budget deficits are for through only the first five
months of this fiscal period, is a whopping $625 billion. Or, to put it another
way, $0.6 trillion. But I estimate that soon our one trillion-dollar annual budget
deficits will end up becoming three to four trillion-dollar deficits as our economy
continues to implode.
The government cant take in revenue on capital losses
and negative earnings, and people who will eventually be out of work wont be paying
payroll taxes, but will, instead, be getting unemployment checks.
This economy is toast. By the way, where is Mnuchin with
his PPT call? Is he out of minutes or something? This will hit home when layoffs
start, 401(k) investments from pay checks stop, unable to pay bills, people living
pay check to pay check find empty store shelves, tourist travel come to screeching
halt, kids wanting to help elderly parents but know if they get it then to their kids. It
will be unmanageable. And if it mutates before vaccine, you can think of many more
connections of despair. Welcome to the moment where the curtain is pulled on the
wizard. Now, even the sheeple will learn that their government is, at best, incompetent, or at worst, their prison
guards. The banksters and other masters of the universe
know nothing but to steal. The entire notion of western democracy superiority is
a hoax.
So, this is your chance for real freedom. Of course, you
will choose safety and so do not deserve liberty, but at least for once, you cannot
sleepwalk through life with your delusions. These are the best of times. The government
failed out of the gate, and it is now too late. In the next couple of weeks, you
will see many, many more cases confirmed and many more deaths. Currently, there
arent even enough masks for hospital workers to protect themselves or patients.
Wait three or four more weeks when the hospitals and medical system are rapidly
being overwhelmed by critical care cases for which there is not nearly enough capacity
to treat.
Looking at Italy, the future looks bleak. Our obese western
democracys based on lazy, infantile, self-centred people
do not have the courage or fortitude for any battle. Superior armaments will be
defeated by a little virus. The fast-moving COVID19 is spreading across the globe,
and just how bad things become remains to be seen, but it will be ugly. This is
not over. It is just starting. COVID19 may be the catalyst for a global economic
reset long overdue. Because of hidden agendas incompetence and a lack of testing,
we have no idea how far this has spread across the world.
America needs to wake up. This is real. Recovery? How about
prepare for permanent liquidation. This is the big one. The ten thousand-year event.
A bubble so gargantuan it takes the entire west down. Every time over the last forty
years that we have enacted a wave of tax cuts for the rich and idiotic expectation
that doing so will bring on economic growth and job creation, what has actually happened is a recession has soon followed. Predicting
when the recession will materialize statistically is a bit difficult. But knowing
that it will eventually materialize is a certainty.
What happens is that tax cuts extract wealth from the working
class to be delivered to the wealthy class and the corporations. That is what they
are designed to do. While tax cuts for the benefit of the rich never result in economic
expansion for obvious reasons, they always do, without exception, eventually result
in economic contraction and the loss of jobs as the working class struggles to repay
the national debt necessitated by the government borrowing required to make up the
revenue shortage caused by the tax cuts for the rich. It happens every time. It
will happen again as a result of the Trump tax cuts of 2017. The only question is
when.
Cognitive dissonance occurs when a person holds two or
more contradictory beliefs, ideas or values, or participates in an action that goes
against one of these three and experiences psychological stress because of that.
According to this theory, when two actions or ideas are
not psychologically consistent with each other, people will do all in their power
to change them until they become consistent. The discomfort is triggered by the
persons belief clashing with new evidence, facts perceived wherein they will try
to find a way to resolve the contradiction to reduce their discomfort.
[END CLIP]
[JASON]
So, how can it be that something so tiny, like a little virus, can disrupt
the whole economy? Well a Friend of Medjugorje, you said, and youve said before,
that the Coronavirus is just like the needle thats going to pop this balloon. We
have this balloon thats been building and building and growing and growing, and
its just incredible that something so small can be the trigger that really pops
the bubble in the economy.
The lady that called that is going to cash out her $600,000 401(k), we asked
her, Hey, why did you decided to do it? Her response was that her dad had
always told her that she needed to have her money in something real. She said, I
never really could put my finger on it. Ive thought about that. It was haunting
me, you know, that he said that to us. And she said, The book It Ain't Gonna Happen, a Friend of
Medjugorje, he did the research, and he put it all together, and he explained it
in a way that just made Christian sense, that it just finally made sense to
her. And she became a believer in the rounds years and
years ago. It took this point, you know, and probably these market scares, these
market crashes, to really move them to the point where they were going to take the
plunge and cash out their 401(k). But it was really the writings of a Friend of
Medjugorje that brought her and her husband to this point.
[A FRIEND OF MEDJUGORJE]
Just picture $600,000 in a 401(k). You would have got your paycheck. You got cash. You go turn it into some product or
land, a system, a way of life. Whats sitting there now is not in cash. Its digital
numbers.
I spoke to you several broadcasts before that were taking $16 billion every
single day and turning it into digital money. It doesnt exist anymore. What is
the money theyre changing? Unfunded pension liabilities. What is your pension?
So, thats your retirement money. Its what they owe you in the future. And it doesnt
exist. Silver does. Its just a no-brainer. Its wealth storage.
[JASON]
Just to give another testimony, there was another woman who called us two
to three weeks ago, looking to do hundreds and hundreds of thousands of dollars
in the rounds. She said, Im going to call you as soon as I get this money.
She said, I want to know how much silver I can buy. I just want to make sure
I can get some before its all gone. So, we explained to her, you know, just
give us a heads up. Well contact the mint ahead of time to make sure weve got,
kind of, everything smooth and lined up for when your funds come through. Well,
she called us about a week later and said, You know, Im really not going to
have that money. And we tried to talk to her to find out what happened, but
we have seen before, and maybe this is the case in this instance, maybe not, but
weve seen before, when people have money, they want to put a big, big chunk into
silver, and their family stops them. They put a lot of pressure on them. And a lot
of times, its the kids, because they see that their parents wealth, what their
parents are going to shift into silver, they look at that as their money. My
parents are throwing away my money. I need to stop them now.
So, actually, it brings me back to the point of
this woman we spoke to just the other day with the $600,000. We were talking about
where shes going to store it, where her and her husband are going store it. And
she was just kind of kicking around ideas. And I said, You know, if youve got
somebody that you can trust, maybe that can help you. I dont know if you want to
tell a single person because secrecy is the best security. She said, Im
not even telling my kids. They just simply wouldnt understand.
[A FRIEND OF MEDJUGORJE]
So, this next clip were coming into goes thoroughly what It Ain't Gonna Happen broke open
in 2010. Nobody was getting silver. Nobody was putting anything into silver. It
literally broke open for the whole world. All these commercials, everything you
hear about silver, came through Our Ladys messages and the book It Ain't Gonna Happen. If youve
got it, reread it. If you havent read it, you need to order it and get it. But
this next clip comes up echoes everything that was written ten years ago. Its a
talk by Jeff Clark who is the senior precious metal analyst.
[CLIP]
[JEFF CLARK]
So, I believe the silver price is going to rise 100 to
200% in less than twelve months, probably in the last year of the bull market. The
silver price is going to rise 20 to 30% per day on some days in the bull market.
The gold/silver ratio is going to go to 20, probably lower. So, some of you are
going to say, That sounds pretty outlandish,
Jeff. To which I would say, Its already happened. Silver has already
done that before, and I think its going to do it again.
Well, if theres any kind of financial shock in the system,
theres going to be a silver price shock because investors are going to turn to
gold and silver in the middle of this financial shock. Heres just some of the catalysts
that could drive us into a financial crisis that could, in turn, drive gold and
especially silver much higher.
Look how many derivatives there are at just the nine largest
banks in the world. Over a quarter of a quadrillion dollars. What happens if that
blows up? Theres not enough money in the world by any government to bail them out.
Global debts a quarter of a trillion dollars. Theres a whole army of analysts
out there that say U.S. corporate debt is the big bugaboo. Thats going to be the
downfall of the markets. Theres a whole army of analysts out there saying, No! Its private debt thats going to be the big problem.
All of those are runaway levels. There are warnings, literally, everywhere. Check
out this first one. This is a paper written by the Fed, commission to buy the Fed,
written to other Fed governors. Theyre talking about money printing. They get to
the end and say, History has taught us that money printing leads to extremely
high rates of inflation and often ends in economic ruin. This is the Fed itself
giving us this warning. [???]
(39:40) Robert Shiller,
I see
bubbles everywhere. The bond bubble is going to end badly. The bond bubble is twice
as big as the stock market.
Ray Dalio the worlds largest
hedge fund, A monetary policy end game
is coming. The president of the Dallas Fed, right now, he said just last year,
Dont rely on the U.S. dollar staying the worlds reserve currency. He
actually said that publicly. And I included this quote
from Fidelity because this is the worlds largest mutual fund holding. She actually said,
We appear
to be close to a bubble, but we dont know how or when this is going to end.
I love these quotes, and Im sorry for all the text, but
these are what central bankers are saying after they left office when theyre supposedly
more free to speak their mind, right? Janet Yellen said,
Soaring
U.S. debt is the type of thing that should keep people awake at night.
She actually said that publicly!
Ben Bernanke and Janet Yellen both have said monetary policy will not be enough
to fight the next recession. So, in other words, lowering interest rates and printing
money wont be enough to offset a recession. So, what happens then? Alan Greenspan:
Inflation
will be inevitably rise and poses the largest threat to our economy.
Mervyn King, sort of their, like,
Fed chief over there,
The
world is heading for a political and economic crisis which could unleash financial Armageddon.
These are central bankers actually saying
this after they left office. The bottom line, ladies and gentlemen, is there are
numerous risks out there. The green ones are ones that have already occurred. The
red ones have not occurred yet. Theyre all potential, and theyre all to the right
because their impact would be that much greater if they take place. How do we know
investors turn to gold and silver? Its predictable. Its human nature. When a crisis
happens, history shows investors and citizens turn to gold and silver. And when
gold rises, silver rises more. These are all the major bull markets in history,
in modern history, and silver has risen more than gold every single time.
So, what Im going to do here is show you the amount of
global wealth that is in the world, and Im going to put a little coin there at
the bottom that shows the amount of all of the above-ground silver thats available
in coin or bar form. We think its about 3.4 to 3.5 billion ounces, times $18, is
around $63 billion, I think, if my math is correct. But the total wealth in the
world is $230 trillion, according to credit sweeps. So, the total wealth in the world is $3,650
times bigger than all, all of the above-ground silver in
investment form, in coin and bar form. So, you can see, well, Im sorry, theres
not a coin there because the global wealth is too big. So, let me add another one,
and, Im sorry. Its still not showing up. Let me try another one here. No, the
coin is still not showing up, so pardon me, ladies and gentlemen. Im sorry. Its
just now showing up, and Im sorry. Its still not there. Theres just too much
global wealth. Let me just throw a bunch in thereAnd there it is! I see it. Do
you see it? Do you see it everyone? Let me see. Hold on. [PAUSE] There is is! I see it! Its there! Its that bottom left, thats the
amount of every single ounce of gold and silverexcuse me, of silver coin and bar
silver that we know is above ground in investment form, compared to the amount of
global wealth there is in the world. And, actually, its
worse than that because theyre still printing money, and actually, its worse than
that because Im not going to sell you my silver. Youll have to get is somewhere
else. I mean, in a mania, people buy. They dont sell. Its going to be hard to
get a hold of. Its going to drive the price much, much higher. Heres just one
example of many. Some of you may know, Warren Buffett bought silver back in the
mid 90s, and heres what happened to the price when he did that. It rose 84%. And
this was during a bear market in the middle of the nuclear 90s when miners couldnt
make any money because the silver price wasnt moving at all. So, what would happen
if another fund came along that wanted to buy silver like that in a bull market?
What would happen if two funds wanted to buy silver? What would happen if one hundred
would buy silver? Gee, I wonder.
So, that is my first strategy. You want to have exposure
to silver itself. You want to buy physical silver. Now, some of you are going to
say, Well, Jeff, thats kind of boring,
you know. Stocks are more exciting. No, silvers not boring. Its beautiful!
Its beautiful. Is there anyone here, real quick, raise
your hand if youve never held a silver coin, a silver bullion coin, in your hand.
Youve only bought stocks or something like that. Come up here.
Alright. This is a silver bull by Mike Maloney. He designed
this himself.
Stocks may be more exciting, but the risk is dramatically
lower with physical silver. If you buy physical silver, you dont have to worry
about managements,
permitting, metallurgy, taxes, depletion, cost, labor disputes, share dilution,
debt. You dont have to worry about any of that. So, buy physical silver. Profit,
youre going to make more than you think. Youre going to make more on the premium,
and youre also going to get more because the price rises. And I can prove it. I
sold a tube of silver maple leaves over here, Vancouver bullion exchange in 2011, and they paid me above
spot, above spot, okay?
Im out of time for that column. Lets get on to the stocks
real quick. The silver equity market is even smaller than
the physical bullion market, believe it or not. This chart shows the bar on the
left is Apples cash position in their last quarterly report, $201 billion. The
bar on the right is the market cap, not the cash, the market cap of all, all the
primary silver producers. If they produce silver, theyre in that bar. In other
words, Apple computer could buy every share of every primary silver producer with
eleven percent of its cash. Thats how tiny this market is. And the point, of course,
is as money comes in, its going to blow up the price.
So, thats our second strategy. We want the strongest stock
in the market. So, who is that of all the primary silver producers, who do we start
with? Whos the strongest one? Well, were going to triangulate. Thats what were
going to do to zero in a target. Were going to look for, use different methods
to look for the right stock. We want the right metal, the right stock, the highest
leverage and the strongest performer.
So, first of all, do we want gold
or silver? We want silver because silver has outperformed gold in every single modern
bull market. So, heres our triangulation method. We know we want silver. Do we
want to stock, an explorer, a producer, a royalty company? We want a producer because
they move first as this chart shows, okay? Im going to go a little quicker. So
there, weve got our producer now identified for our first target. Next, we want
the company with the highest leverage to silver. Institutional Investors. This is
one of my key points are going to come into this sector. Silvers rising. Theyre
going to want exposure to the equities of silver. Theyre going to say, Where can we get the most leverage to silver? Theyre
going to pull up a chart like this, and theyre going to look at that, and so, and
say, Gee, Pan Americans a great company, but we can get twice as much leverage
with this other company thats on the far left there. And theyre going to buy
it. So, there we go. Were getting closer to triangulating what our company is to
start with. We want a stock with the strongest performance, right? [] this company
because, when you triangulate and look at different ways of looking at stocks, this
is a stock that clearly, whats called, highest ounces of silver. The recovery rates,
in my opinion, this isnt the companys thing. My opinion, the [] recovery rates are going to be over 90%
this year.
So, our third strategy is we want to buy a group of []. This research has actually been done. Theyre going to have to do []
[END CLIP]
[JASON]
So, after listening to that clip, you know, the question on a lot of peoples
mind is, Is this the big crash? Is this the big one? Well, maybe, but maybe
not. But if anything, it should be an impulse to move you to decision. We know many,
many people out there who are waiting, theyre looking to capitalize on market fluctuation
in the stock market. They think they can time the market and make money on it, get
out at the right time. Well, maybe you will, but maybe you wont. And by what you
just heard, when the real rush for physical silver happens, you will simply not
be able to get it. It is over, you know, just recall what this gentleman said. Whos
going to want to sell you their silver if theres a mad rush on silver?
[A FRIEND OF MEDJUGORJE]
But youre saying, to understand that, theres only 3.5 billion ounces in
existence and put away. Eighteen dollars per ounce, thats not but $63 billion.
That buys all the available silver.
They also, to strengthen the point youre making, is Apple can buy every
share of the primary people who are producing the silver. In other words, the mines
and all these things and these companies, and it would be only eleven percent of
their cash. One company can take this over. Thats how small and minute it is. And
if you have silver, and they do that, its going to be good for you, probably. Then
the price would correct to its proper price. From what I recall,
that I wrote in It Ain't Gonna
Happen, that silver is worth seventy times than what it is on the market now.
One ounce. So, you pay eighteen dollars, seventy times more. I dont know where
it is now, but we figured that at that moment.
People (50:08) say, Well this is overkill. Our Ladys
messages are about truth. Truth is what God made. What God made has intrinsic value.
Its not what the government made through the dollar. We are to return to truth,
and well go back to it.
On this Atlantis Report, he says,
Silver
is stupid cheap right now. If you dont know it, you dont get it.
Its a no-brainer.
[JASON]
All these clips, all this talk about the Coronavirus
and the market collapses and crashes and everything thats happening, the purpose
of that is not to scare you, but all these things should move you to decision. There
should be a decisive action that, I am deciding today to get away from the financial systems. All those people who think
they are going to wait, who think they are going to time it, who think they can
out-smart the market and out-smart a crash
[A FRIEND OF MEDJUGORJE]
Pride, pride, pride; pray, pray, pray. Because
pride, pride, pride goes before the fall.
[JASON]
Right. And all those people who have that pride,
theyre going to experience what Mirjana said in one of her messages. Its a message
that you often quoted on Radio WAVE. She said, Men will curse their past Godless lives.
They will tear out their hair, and there will be many, many people who are in deep
sorrow because, not only because they didnt get out, but because they knew that
they were supposed to, and they thought theyd wait a little bit longer.
One important point to make, and its a point
that youve made before, is that you should absolutely not
buy silver on paper. So, for example, theres a lot of silver being traded and quote-unquote
held in paper in whats called an ETP, an Exchange Traded Product, or often referred
to as an ETF, an Exchange Traded Fund. There are hundreds of millions of ounces
of silver being traded and held in paper when, by what weve heard before, there
just simply isnt that much physical silver out there to satisfy the demand where
all those holders of paper to call in that silver and demand physical delivery.
You might get one ounce out of every hundred. You might get one out of five hundred.
Who knows, really whats out there that could satisfy that demand. It is very apparent
by the numbers that if youre holding silver in paper, you might get a teeny, teeny,
tiny fraction of what you think you own.
[A FRIEND OF MEDJUGORJE]
Well, if you run on it, youll get nothing. Its
proven out there. Theres hundreds of ounces on paper for
one ounce. And the lie can be continued because if you say, I want to cash
it in, then
they have enough reserved just to do yours because not everybodys coming at one
time. But when everybodys knocking on the door, its not going to be there.
[JASON]
Right. And one quote that weve used before in
some of our publications is, If you dont hold it, then you dont own it. So, whether youve got silver
on paper or even if you have that stored in a vault somewhere five hundred miles
from your home in the event of a crash and a collapse and market disruption and
even economic disruption, look at whats happening in Italy. Theyre raiding the
grocery stores. Youre not driving five hundred miles to get that silver. Youve
got to look at your own personal circumstances to see how you can store it and what
you can do with it. But absolutely do not, do not hold that in paper.
For those wishing to exchange their paper dollars
for the Miraculous Medal Medjugorje Round, you can contact us at Century Silver
Exchange by calling toll-free 877-936-7686. Thats 877-936-7686. You can also email
info@centurysilver.com or visit our website, centurysilver.com. Century Silver Exchange
is a for-profit subsidiary of Caritas of Birmingham. It bears its own expenses and
pays taxes on its income. If there is any income left over at year end, it may make
a dividend donation to Caritas to further its mission expenses.
Those of us at Century Silver Exchange, we dont
claim to be financial experts or advisors and neither does a Friend of Medjugorje.
Hes always promulgated biblical principles, staying out of debt, sound money. And
so, all of these decisions have to be your decisions made
in prayer. We encourage you to seek out your own information, but we try to present
to you some basic information about silver, about the markets, about whats happening
out there, but also give you examples of what other people are doing so that you
can do your own research and make your own decision.
[A FRIEND OF MEDJUGORJE]
So, as we end this broadcast, I want to say to
you that I listened to Jeff Clark when he talked about the facts, much of what was
echoing It Ain't Gonna
Happen. Here broadcasting, thats the fourth time Ive listened to it. And each
time I listen to it, I hear something I didnt hear even in the third hearing. I
recommend you to relisten to these things, these clips, and get this as part of
your philosophy. Learn it. Put it into your heart. And we can take what Marija said on February 25th in Italy on the message,
I am
convinced that this situation wont last long. But for us, it is an invitation to
start a new life. Thats the bottom line. Above silver, you want a life where youre connected
to God, connected to the soil, connected to nature, your family, the beauty of that
kind of life is what makes you rich, not metal, not money, not stocks. Its the
way of life. But because we have to exchange, I came up
with the Miraculous Medjugorje Round to sanctify your money of what you do save.
But above that, is to put it into land, or if you can find you a little place thats
already farming and pay for it. Thats far greater than silver because thats not
your goal. But what you can do immediately is preserve your wealth, because going
out and finding you a place in the country or rural or wherever cant happen overnight. But
you can preserve and make sure you have something in the future overnight by making your decisions.
So, we give you these things, all through the
wisdom of Our Lady, covering all subjects of the world because everything in the
world is going to change. And for you, it is time to be ready and position yourself
on every level to live the new life Our Ladys offering to us.
We wish you Our Lady. We love you. Goodbye.
[THEME MUSIC]
The subject matter contained in this
presentation is based on Biblical principles and designed to give you accurate
and authoritative information with regard to the
subject matter covered. It is provided with the understanding that neither the
presenter nor the broadcaster is engaged to render legal, accounting, or other
professional advice. Since your situation is fact-dependent, you may wish to
additionally seek the services of an appropriately licensed legal, accounting,
real estate, or investment professional.
This ends the
Mejanomics broadcast with a Friend of
Medjugorje. These broadcasts are available as CDs which are sent directly to
your doorstep on a monthly subscription. For information, contact Caritas in
the U.S. at 205-672-2000.
Last Updated January 18, 2021 | Mej v 3.8.29
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