Is IMF Preparing for Dollar Collapse?

It should be clear to everyone, by now, that the US dollar is staring into the abyss. It’s going to crash, and there is nothing that you and I can do about it. The only thing that we CAN do is get out of the way. You DON’T want to get run over by this collapse.

Of course, those that we have entrusted with the job of reporting this collapse to us, are lying. That’s why we look for signs that indicate that the lying liars are getting ready for the collapse. One of those lying liars is the International Monetary Fund (IMF).

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Is IMF Preparing for Dollar Collapse?

If I was the IMF and handing out loans to distressed countries, right now, I would do everything that I could to make sure that I got my money back. That means making loans in a currency that will be worth something in the future.

Is that why the IMF loan to Ukraine was denominated in SDRs?

Greg Hunter talked about this with Doug Casey this week, and it was picked up by bitcoinassay.com. The Bitcoin Assay article was picked up by Blacklisted News, and now I have it.

Isn’t the Internet wonderful?

The Special Drawing Right (aka XDR)

The great thing about SDRs (aka, XDR) is that you can change the underlying assets that give it value. It’s a moving goalpost. The Special Drawing Right is whatever the IMF wants it to be, and you can bet that the borrower is never going to come out ahead in any deal with the IMF.

What is the SDR?

An SDR is essentially a unit of value backed by a basket of currencies:

  • US Dollars – 41.9%
  • Euros – 37.4%
  • Japanese Yen – 9.4%
  • British Pounds – 11.3%

If any one of those currencies crashes, the IMF can switch that currency out for another one. So yes, you can claim that there is a strong US dollar component to the loan made to Ukraine, but that ‘component’ can change at any time. And, please remember that, before this, the International Monetary Fund was making loans almost exclusively in US Dollars.

Is this the first step by the IMF in an attempt to limit the possible damage from a US dollar collapse?

IMF Preparing For Dollar Collapse

Greg Hunter raised that question in his interview with Doug Casey:

Doug Casey-No Way Out-Stock, Bond and Real Estate Markets Will Collapse

YouTube shortlink: http://youtu.be/MUeSjdt6_Bo

We can debate over the question about whether or not this is a plan by the IMF to prepare for a crash of the US dollar. What is not debatable, is the fact that this is yet another crack in the Petrodollar system. Should the IMF start announcing more SDR loans, sit up and take notice.

It All Changes in 2014

Some very smart people have been talking about 2014 as the year when everything changes. The problem is that the vast majority of those changes will happen in smoke-filled back rooms, away from the public eye. You won’t see them until it’s too late to do anything about it.

If you haven’t started buying as much silver as you can carry and as much gold as you can afford, now is the time. Those of you without the extra cash for that, should start stocking up on extra essentials with a long shelf-life. Better yet, get out of the US, entirely.

I talk about all of this here:

http://www.omegashock.com/2013/12/13/the-shock-plan-for-getting-ready-putting-it-all-together/

All of my articles end with a link to that preparation plan. Do more than just think about it.

Are you ready for this?
(That’s a link. Do more than just think about it.)

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If you find a flaw in my reasoning, have a question, or wish to add your own viewpoint, leave a comment on the website. Your input is truly welcome.

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44 thoughts on “Is IMF Preparing for Dollar Collapse?

  1. Hi John. I have no doubt that the IMF is playing a major role in an orchestrated collapse. Considering all circumstances, it sure looks like the loans given to the nations are part of a trap. As the nations are set up for financial failure and they default, the global elite will confiscate and control the assets of those nations. One more step in the process of the NWO destroying the sovereignty of the nations. James 5: 1-6 comes to mind: “Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and it shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is kept back by fraud, crieth: and the cries of them which have reaped entered into the ears of the Lord of sabaoth. Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter. Ye have condemned and killed the just, and he doth not resist you.” The mark of the Beast cannot be implemented until a worldwide system of control has been established. Your eyes are witnessing the establishment of that system of control.

    • THE NEED FOR CONVERGENCE
      This sets the stage for understanding the next phase of the game which is unfolding as these words are being written. It is the inclusion of China and the former Soviet bloc into the Grand Design for global government. As with all the other countries in the world, the primary mechanism being used to accomplish this goal—at least in the field of economics—is the IMF /World Bank.’ The process is: (1) the transfer of money from the industrialized
      1. “Another Plan to Mop Up the Mess,” Insight, April 10, 1989, p. 31.
      2. Other mechanisms which involve culture, education, political sovereignty, and military power are embodied in agencies of the United Nations.

      nations—which drags them down economically to a suitable common denominator—and (2) the acquisition of effective control over the political leaders of the recipient countries as they become dependent upon the money stream. The thing that is new and which sets this stage apart from previous developments is that the apparent crumbling of Communism has created an acceptable rationale for the industrialized nations to now allow their lifeblood to flow into the veins of their former enemies. It also creates the appearance of global, political “convergence,” a condition which CFR theoretician, Richard Cooper, said was necessary before Americans would accept having their own destinies determined by governments other than their own.

  2. “If you haven’t started buying as much silver as you can carry and as much gold as you can afford, now is the time.”

    Is 2:7
    Their land is full of silver and gold; there is no end to their treasures. Their land is full of horses; there is no end to their chariots.

    Is 13:17
    See, I will stir up against them the Medes (Shia Persia/Iran), who do not care for silver and have no delight in gold.

    Ez 7:19
    ‘They will throw their silver into the streets, and their gold will be treated as a thing unclean. Their silver and gold will not be able to deliver (SAVE) them in the day of the Lord’s wrath. It will not satisfy their hunger or fill their stomachs (ie Can’t eat Gold or Silver), for it has caused them to stumble into sin.”

    What is quickly coming upon America (Babylon) is “The Day of the Lords Wrath” – where G-d makes clear that “Gold and Silver” will be of NO USE/VALUE/HELP.

    Better have JESUS!!! Not Silver and/or Gold!!!

    Jus’Say’n

    • Hi Jus’Say’n,

      Please understand that the catastrophe that is rolling down on us right now is NOT the Tribulation. That comes after. Only once the Tribulation starts, will there be a problem with Gold and Silver.

      More importantly, if God has given you wealth, you have a responsibility to not lose it. And, unless God has shown you how He wants you to use it, it should be preserved until He DOES show you.

      Please, everyone. Understand the difference. It’s important.

      God has called us to wisdom, not foolishness – even in things like finance.

      Having said that, if you don’t have Jesus, your gold is worthless. Jesus first. Silver second. Gold third.

      Thank you, Jus’Say’n. You have a good heart.

      Yours in Christ,

      John Little
      omegashock.com

      • I agree. Those words didn’t come from Jesus’ mouth, so I don’t pay much attention. I don’t worship the Old Testament, only the New. The Old Testament has a few good CHRISTian values, but for the most part it is mostly fiction. The day that silver and gold become worthless, EVERYTHING will be worthless, as well. Right now I can’t think of having your wealth in anything BUT silver and gold to avoid taking the Mark. And I expect that by the time the Mark becomes law, Jesus will have already come. And as crazy as I may sound, I believe it’s before the end of 2014.

        • Hi SilverHawk,

          I may have read you wrong, but just make sure that you don’t worship the Bible – just the God that wrote the Bible.

          As to the Old Testament… yes, there are parts that aren’t of that much use to us today. But, there are a VAST number of passages that talk about our future. If you cut yourself off from the Old Testament, you lose a MASSIVE amount of intel on what’s coming straight at you.

          We are under attack, and the Old Testament is still a vital part of what God wants us to know.

          Thanks, SilverHawk.

          Yours in Christ,

          John Little
          omegashock.com

      • I was just talking to a friend about this point the other day. A time and season for everything… and a correct perspective.

        In the eternal picture of God’s Kingdom, gold and silver are worthless. They cannot justify or sanctify you or anybody else. They are not lasting treasures in heaven – just shiny metal here on earth that will ultimately be destroyed with this earth.

        However, while we are here on earth, it is all about perception. Gold and silver have the perception of being valuable (because of their rarity, content, numensic characteristics, history, etc). As long as someone perceives them to be valuable, people will give you something for them (Federal Reserve Notes or FRN, land, food, etc). I’m sure John and I would agree that it is all but certain gold and silver will maintain that perception of value far longer than the interest-bearing debt we are using as currency right now (FRN). However, when there is famine, can you eat gold or silver? Absolutely not. So there will come a time when the perception of value that gold and silver have will even be shaken.

        As I keep telling people, precious metals will hold value longer than a fiat currency, but ultimately you cannot eat them, and you cannot take them to heaven. Put your savings in precious metals rather than FRNs and they will retain value longer, but know that their nutrition value is very low and someday the time will come to sell them. Go long on gold and silver, short on dollars, and eternal on Jesus.

        Semper paratus!

      • “Please understand that the catastrophe that is rolling down on us right now is NOT the Tribulation.”

        “The Day of the Lords Wrath” does not “necessessarily” imply the “Last Day” and/or Tribulation. The Northern ten Tribes of Israel experienced “The Day of the Lords Wrath” in 722 by Sennacherib (The Assyrian – Is 10:5-19). Judah also experienced “The Day of the Lords Wrath” in 586 by Nebuchadnezzar. “The Day of the Lords Wrath”, “The Time of Their Punishment” —-
        That is what is “Rolling Down on us right now” —- “The Day of Our (America’s) Punishment”. Though I would argue that America is Babylon – and that her destruction by Anti-Christ and the Kings aligned with him (Rev 17:16-17) signals the beginning of Trib.

        Esp. with the FINAL Four Blood Moons (Forseeable Future) upon us.
        Think about it?! Israel turns 70 (2018). We are by most accounts entering 6000th Year (Hebrew Calendar). Final 4 Blood Moons (Not expected again 1000 years!) Etc… I wouldn’t be so sure that it’s “Not the Trib. Rolling down”.

    • Hi Jus’Say’n,

      That sermon by Jonathan Kahn was amazing. Wow.

      I only heard part of Reb Levy’s interview. It appeared to me that he was saying that Isaiah 19 applied to America, and THAT is NOT Biblical.

      Isaiah 19 really IS about Egypt, and the Nile is NOT the Mississippi River.

      That Jonathan Kahn speech was worth the price of admission.

      Thanks, Jus’Say’n.

      Yours in Christ,

      John Little
      omegashock.com

      • Yea! I know!!! “The Speech”!!! ON FIRE, Right?!

        AMEN!!!
        I just listened to it for like the 20th time after posting the link to you. Can’t get enough!!! That should inspire you to get a copy of his “Harbinger” and read it ASAP if you haven’t!!! More WOW!!! Much more WOW!!!
        Me thinks he is America’s Jonah (“40 More Days America”)!!!

        You really should finish Rep. Levy’s interview – as what he is proclaiming is not far from Jon Cahn – when understood.

        Of course Isaiah 19 is about Egypt and the Mississippi is not the Nile. But G-D in His infinate Wisdom and Glory is able to accomplish amazing feats – such as having the Blind and Deaf install statues of Ishtar (Liberty) to mark end times Babylon!!!! :):):) But more on all this later!!!

        Read JC’s (Jon Cahn – not Christ) book if/when able – much more to the story!!!

        P.S.
        I was in Okinawa 97-02 (AF) Not far from where you is! Man do I miss that Pacific Sunrise and East China Sea Sunset!!!
        Jus’Say’n

        Blessings

  3. Those of you without the extra cash for that, should start stocking up on extra essentials with a long shelf-life. Better yet, get out of the US, entirely.

    for those of us struggling week to week and not able to prep much, or save anything really, we have no hope of “getting out of the US” there will come a time where it doesn’t mattter what you’ve saved and stored if you can’t carry it on your person… you ain’t gonna have it long anyway. jmho

    • Hi cecelia,

      Your situation, along with a host of others, bothers me greatly. My hope is that God has something planned that will keep you out of harm’s way. When the disciples asked Jesus what to do, He said, “pray that you be worthy to escape” (Luke 21:36). That verse is the signature verse for this site, and my prayer for all of you.

      Prepare the best that you can and reach out to like-minded brothers and sisters in Christ in your area. There is a way.

      God bless you, Cecelia.

      Yours in Christ,

      John Little
      omegashock.com

  4. Dear John Little:
    Jeff Visomirski sure got it right. Now as for getting gold and silver to protect against future economic collapse, that is a fallacy. Yes if you have it already, you will be fine. For those trying to get it now – forget it. Buying gold or silver now, means that all you get is a piece of paper that states you are entitled to so much of the precious metals at such a price. Then try to get that precious metal from your paper/certificate. Good luck. The banks and global elite have passed around so much gold/silver for that paper/certificate which is worthless. The analogy is like everyone going to the bank to get their deposits. There is not enough to go around. This is a bank run. The same will happen for the precious metals. The precious metals have been rehypothecated multiple times. Too much paper not enough physical assets. Only the global elite have the gold/silver and everything else. Sounds familiar to Greece, Cyprus and the collapse of 2008 and 1929. It is The FED, the banksters and Wall Street that are propping up the dollar by printing it out of thin air to suppress the price of precious metals. They have the precious metals, but regular folk can not get any. Try and get some and you will be stopped at every step with bank/dealer obfuscation (roadblocks). All we can do is as John has said- pray always and hope to be counted worthy. The global elite have set this up for their own advantage, only God and Jesus Christ will destroy them for their wickedness. God bless you John, thanks, Norbert.

    • Hi Michael Haller,

      I actually heard a part of that broadcast. It bothers me that the messianic guy was saying that Isaiah 19 wasn’t about Egypt itself, when it is completely clear that it really is. The Nile is NOT the Mississippi.

      Rick Wiles also tends to spiritualize the prophesies in the Bible and interpret them in ways that God did not intend them to be interpreted. In these days, that’s a very dangerous thing to do.

      Whatever happens to the US, Isaiah 19 really is about Egypt.

      Having said all that, I did not finish the broadcast, so maybe I’m ‘jumping the gun’.

      Thanks, Michael. I appreciate it.

      Yours in Christ,

      John Little
      omegashock.com

  5. DOES the LORD call america by its name,NO HE DON’T,he calls it SODOM AND EGYPT,when you hear the LORD talking about america,he always calls it sodom and egypt,PAY MORE ATTENTION TO THE PROPHETS like all christians are commanded to do…………………..

    • Hi Arizona,

      You’re making a reference to Revelation 11:8, here:

      And their dead bodies shall lie in the street of the great city, which spiritually is called Sodom and Egypt, where also our Lord was crucified.

      That MUST be Jerusalem, for Jesus was ONLY crucified in Jerusalem.

      Having said that, America really has become a Sodom and is full of the Satanic mysticism of Egypt.

      Thank you, Arizona.

      Yours in Christ,

      John Little
      omegashock.com

  6. I have kept up with this series and find it to be very informative. If your contengency plans are to leave the US I would suggest getting your financial assets in order PDQ. They will lock down the outbound monies leaving this country. I personally believe that unless your very well connected and have a vast amount of resources such as George Bush who himself has haceinda safe house outside this country you are far more likely to run into trouble. Its going to be very hard to aquire the wepons you will need to defend yourself in a foreign country unless you have had significant time to obtain the knowledge and wisdom of safe contacts. Thete is no doubt in my mind that as the Lord said. A time like never before and never will be again. Praise be to the Lord. For thies who have thought this out from the start is a true blessing. Looking forward to the next article.

    • Hi D. Faught,

      Everything that you say is absolutely correct. All that I can add is that FATCA comes into effect on July 1st. If you don’t have your assets out by then… well, it’s going to be tough to get them out after that.

      Thank you, DF!

      Yours in Christ,

      John Little
      omegashock.com

  7. Funny, all currency unless it is back by something tangiable. is only as valuable as people believe it is. With that said, most currency’s aren’t worth the paper their printed on.

  8. They will likely outlaw gold and perhaps silver early on. It is what FDR did, and when I was young I could only own gold through jewelry. Of course some so-called patriot types believe the metal to own is lead. But whatever a Christian does they should not resist the Global Imperium if they see or believe that it is the evil empire mentioned in Revelation. In fact, it is questionable whether Christians should resist the other governments that war with the Beast. Recall to mind Jeremiah – why was he thrown into a cistern (actually a muddy pit)? The people of Judah and Jerusalem were angry with him for telling everyone to NOT resist ‘Nebu-Protect-The Crown’ (translations vary) the king of Babylon. The people and army leaders accused him of treason and wanted to kill him. But in Jeremiah 38:3 God had spoken through Jeremiah, saying: “Thus saith the LORD, This city shall surely be given into the hand of the king of Babylon’s army, which shall take it.” And in other places God had warned that any who resisted the punishment God that was bringing to Jerusalem would themselves be in God’s special liquidation list.

    Now either you Christian believe this is the end days or you do not. Personally, though I am now a pagan of sorts, I can’t think of a more likely time period that would better qualify per the descriptions in Revelations and the other NT books. Obviously you have to avoid obeying sinful commands of the Anti-Christ, but don’t be caught resisting his other commands or resisting his ascension to power. For according to Jeremiah God had given a prediction of Nebuchadnezzar’s victory over Jerusalem, and to resist that was the same as trying to make God’s prophecies of no effect. When Peter tried that in Matt 16:21-23 Jesus spun around on him and said: “Get thee behind me, Satan: thou art an offence unto me: for thou savourest not the things that be of God, but those that be of men.” The last time I checked the Lord has revealed in Revelation and other places in the NT that He has given the Beast guy a space of time to magnify himself over the earth.

    I know, being tortured and put to death will hurt. Like MI6 said in WWII, when the Gestapo gets hold of men, they all end up talking. But in the NT (I believe in the Gospels somewhere) it says that at such times you need not worry about what to say or what to scream – cause God will personally fill your mouth with words of prophecy – telling what to say word for word. And if it is all true, I’d lay money that the faithful won’t scream. And then its over – for you – you get the all expenses paid trip to the martyr’s-motel with great views from under the heavenly altar – where you can join in the tumult as all those there scream, “go get ‘em God!” Rev. 6:10, “And they CRIED with a LOUD voice, saying, How long, O Lord, holy and true, dost thou not judge and AVENGE OUR BLOOD on them that dwell on the earth?” (Not much cheek turning there at that time).

    So your treasure is in heaven and this will be your chance to glorify God, as the NT shows that by your sacrifices and deaths as martyrs you glorify God, even when his children are executed all day long. For as the 24 elders said as they fell before the Lord, “Thou art worthy, O Lord, to receive GLORY and honor and power: for thou hast created all things, and for THY pleasure they are and were created.” See, everything that was, is and shall be was supposed to be for HIS pleasure and his glory. There WAS NO OTHER reason for the Kosmos.

    Oh, I forgot, some people think only the Jews should get whacked while the Gentiles squeeze around the cracks in dark places, waiting for a heavenly fight. As I used to preach in my time, Great honor and medals are usually not awarded to garrett troopers. Seek the forefront of the fight, for that is where great honor awaits and a chance to glorify the Lord! So get with it and stay with his program or end up like me.

    • Hi Jim Eagle Feather,

      For one who self-identifies as pagan, your knowledge is awesome. I am very impressed.

      Yes, I completely agree that our position is like that of Jeremiah. We are in this situation because of our sin. Fighting against those that God has chosen to take us into ‘captivity’ would be futile.

      However, fleeing the war zone would be the best idea of all.

      Jim, you are a fascinating addition to the comment sections of this website. Thank you for your input.

      Yours in Christ,

      John Little
      omegashock.com

  9. You guys are all fighting the last war.

    Daniel 2 speaks of iron (technology)
    mixed w/ miry clay (humanity).

    In Genesis 6 the devil polluted
    mankind w/ devil seed (self-willed
    flesh) mixed w/ humanity.

    God HAD to destroy the world
    w/ a flood b/c of this mingling.

    Similarly, humanity today is
    ‘mixed’ w/ technology to the point
    of Ray Kurzweil’s (the Google bigshot)
    transhumanism.

    What’s more, we celebrate luciferian abortions on
    Youtube (Alex Jones’ show, two days ago).

    The USSA is going down big time
    and you’ve got 2 ways to go w/ this:

    1. Flee to the wilderness (Rev 12:6)

    2. Get your head chopped off (Rev 20:4)

    It’s going to get worse before
    it gets much worse and there’s
    not a thing ANYBODY can do
    about it.

    (Except, of course, the Son
    of Man… and he doesn’t show
    up until the fat lady sings.)

    SM

    P.S. Catherine Austin Fitts
    of the Solari Report says PMs
    will stay hammered until the
    markets are broken and when
    COMEX ain’t working our AU and
    AG will be “thrown into the streets”
    (as well as probably illegal then
    per Jim Willie – http://www.goldenjackass.com).

    And I love you all in Jesus,
    you have my sympathies!!

    • Hi Steve McQueen,

      Gold will be of value for the next few years. Please remember that the elites are hoarding it. If the elites find it useful, you had better believe that it will be useful.

      After the coming collapse, all bets are off. But, by then, you’ll have options. And yes, you will want ‘options’.

      Remember that Ezekiel’s Fire is coming. That solar flare will destroy much. You do NOT want to get caught in that.

      Thank you, Steve.

      Yours in Christ,

      John Little
      omegashock.com

  10. Couple points on gold and silver. You can’t eat either one.

    Even if you do buy gold and it could help you, has anyone seen these Executive Orders? They will take your gold and make it illegal to own it like they did after the Great Depression May 1, 1933. The Great Depression was orchestrated just like what we are seeing today.

    Obama Executive Order: Allows Seizure of Americans’ Bank Accounts
    October 12, 1012
    http://www.thenewamerican.com/usnews/constitution/item/13196-another-obama-executive-order-allows-seizure-of-americans%E2%80%99-bank-accounts

    Executive Order 6102
    May 1, 1933
    http://commons.wikimedia.org/wiki/File:Executive_Order_6102.jpg

    • Hi Jeff Hicks,

      As I have repeatedly said, God first. Location second. Food and water third. Gold and Silver fourth.

      If you have looked at the survival plan that is linked to from 99% of my articles, you will find the reason why gold and silver is important. Nor have I said that Gold and Silver are the only assets. There are a host of physical assets that you can buy.

      It all depends on your survival plan.

      Having said that, so few Americans actually own gold, the Obama administration probably won’t bother to confiscate it.

      Jeff, please get your money out of the banks and into a portable asset with a recognized value.

      Yours in Christ,

      John Little
      omegashock.com

  11. Hi,

    Just found your blog tonight after a search of “Dollar Crash.”

    I became aware of the wisdom of being more resilient three years ago and moved to a house on acreage I’ve been fixing-up for my family. I do not owe much on the house, but do have a mortgage. I also started a business that has started to take-off this year (I read that as the dollar declines, exports from the US will be dirt-cheap for other countries). I’ve only become aware of the literal truth in the Bible in the past year. I see that things are accelerating faster than I have time to feel properly prepared for an economic collapse.

    I’m interested in your thoughts on whether it is better to be house-rich/cash poor or cash rich/debt-free/in a rental (and perhaps able to purchase a house with cash) as we go through this time.

    I do have God first and I’m thankful for that.

    Thank you,

    • Hi AppleHill,

      Very good question, and I am not sure that I am qualified to answer. I do believe that the real estate bubble will burst in the near-to-medium future, which would destroy the resale value of your house. There are a number of possible strategies to consider.

      This guy seems to have a good idea about real estate:

      http://fabian4liberty.com/

      However, I am more concerned that you are in a safe place, far from a major city and close to a source of fresh water.

      The fact that you have God first… well, that is awesome. God bless you, brother. God will direct you, as you rest in Him.

      Yours in Christ,

      John Little
      omegashock.com

  12. Evidentally the BRIC nations are starting to do international trade without the dollar exchange. Once OPEC follows suit, it’s all over for the dollar and inflation in the US will skyrocket due to the dollar no longer being the world reserve currency. At this point loaf of bread will be $10 and gas $20 per gallon. Better have alot of food and ammunition.

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