Is the US Monetary System on the Verge of Collapse?

Prophecy Sign:  The collapse of the global economy

Yet more evidence of the instability of the world economy and just how close we are to an outright collapse.

Now listen, you rich people, weep and wail because of the misery that is coming on you. Your wealth has rotted, and moths have eaten your clothes. Your gold and silver are corroded. Their corrosion will testify against you and eat your flesh like fire. You have hoarded wealth in the last days. James 5:1-3 NIV

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 them in the day of the LORD’s wrath. Ezekiel 7:19 NIV

From the articles:

Tune into CNBC or click onto any of the dozens of mainstream financial news sites, and you’ll find an endless array of opinions on the latest wiggle in equity, bond and commodities markets. As often as not, you'll find those opinions nestled side by side with authoritative analysis on the outlook for the economy, complete with the author’s carefully studied judgment on the best way forward. Lost in all the noise, however, is any recognition that the US monetary system – and by extension, that of much of the developed world – may very well be on the verge of collapse. Falling back on metaphor, while the world’s many financial experts and economists sit around arguing about the direction of the ship of state, most are missing the point that the ship has already hit an iceberg and is taking on water fast. Yet if you were to raise your hand to ask 99% of the financial intelligentsia whether we might be on the verge of a failure of the dollar-based world monetary system, the response would be thinly veiled derision. Because, as we all know, such a thing is unimaginable! Think again.

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Will global financial markets reach a breaking point during the month of October?  Right now there are all kinds of signs that the financial world is about to experience a nervous breakdown.  Massive amounts of investor money is being pulled out of the stock market and mammoth bets are being made against the S&P 500 in October.  The European debt crisis continues to grow even worse and weird financial moves are being made all over the globe.  Does all of this unusual activity indicate that something big is about to happen?  Let's hope not.  But historically, the biggest stock market crashes have tended to happen in the fall.  So are we on the verge of a "Black October"?

Is the US Monetary System on the Verge of Collapse?

http://www.caseyresearch.com/editorial.php?page=articles/us-monetary-system-verge-collapse&ppref=ZHB420ED0911G

Nervous Breakdown? 21 Signs That Something Big Is About To Happen In The Financial World

http://theeconomiccollapseblog.com/archives/nervous-breakdown-21-signs-that-something-big-is-about-to-happen-in-the-financial-world