Lindsey Williams Update

Lindsey Williams was wrong about McCain being elected as President. But he was dead right with his prediction of $50 oil. In July 2008, he was the only person I heard who thought oil was going down to $50. For those who do not believe that Lindsey Williams was telling the truth, I would ask, do you therefore believe that his $50 oil call was just a lucky guess? For decades, Lindsey Williams was warning the country about the rising cost of oil and the dependence on foreign oil. Based on what he was saying in the past, a $50 oil prediction did not make much logical sense, and Lindsey Williams agreed that this was scenario was almost unimaginable. He admitted that he would have never thought that oil could have gone down to $50 had it not been told to him from his old big-oil friend. So looking at this situation from a probability perspective, it seems very unlikely that this $50 oil prediction was just a wild guess. Based on everything that Lindsey has said in the past about a rising oil price, and given the fact that $50 oil seemed almost impossible in July 2008, I would have to conclude that this could not have been just a lucky guess. If someone had asked a variety of oil market analysts in July 2008 what they thought the probability was of oil hitting $50 over the next twelve months, many would have said it would be impossible and would likely put the odds at around 20:1. Before I heard Lindsey Williams make this prediction in July 2008, I myself would have said $50 oil would be virtually impossible. Even after I heard Lindsey Williams in early July, I still thought it was pretty unlikely. But I had thought to myself that if Lindsey Williams said it was going to happen… it could happen. If I was making odds for Las Vegas about the oil markets in July 2008, I would have put $50 oil at around 20:1 (maybe a 5% chance). But after I heard Lindsey Williams make this prediction, I would have shifted the odds up to 5:1. I still thought it was pretty unlikely, (maybe a 20% chance), but certainly a lot more likely now that Lindsey Williams said what he said. Therefore, given how accurate Lindsey Williams was in the past about the oil markets, I would assign a pretty high percentage chance that he is right about his future predictions.

Lindsey Williams – November 21st, 2008

Part 1
http://www.youtube.com/watch?v=keQsan0RhFU
Part 2
http://www.youtube.com/watch?v=IjveOl7qICQ
Part 3
http://www.youtube.com/watch?v=uWJw_oSx-9U

Lindsey Williams was on Alex Jones earlier this week and he told the world what will happen over the next few months. Lindsey Williams said that oil will remain around the $50 level over the next roughly six months. The plan of the elites is to hold oil at around the $50 level for many months in order to bankrupt the Middle East. This will also continue to hurt Russia and Venezuela and other oil producing countries. Therefore, for anyone considering making investments in the oil sector, there are certain things that need to be kept in mind. The first is that the price of oil is not going to go up for a little while. Therefore, there is no point in buying future contracts. I believe that we have hit the bottom in oil, but we’re not really going much higher or lower from here. I would admit that it is possible for oil to fall to $40, but I think if it does that, it will go back up to $50 again. And if oil goes up to $70, I think it will fall back down to $50 again. I think long term investors should wait a few months before buying oil futures contracts. But in terms of investing in the oil sector, there are certainly some good opportunities. The most important aspect to oil investing over the next few months is that investments should only be made into oil companies that can make a profit off of $50 oil. Stay away from the Canadian tar sands or deep water drilling projects that take $80+ oil to be profitable. But there should still be plenty of profitable oil companies with oil at $50, and I think since many of these stocks have been driven down to such low levels, there are still plenty of oil stocks that could have some nice short term gains even if the price of oil does not rise above $50 for quite some time. Many of these oil stocks pay great dividends, and since it is expected that the oil price bottoms around $50, the share prices should not continue to go down and investors can enjoy collecting huge dividends without watching the share price tumble. Anyone investing in oil should stay totally clear of the Middle East. I think that over the next few years, Russia and Indonesia will become major oil players who will challenge the Middle East for their place as the world’s major oil producers. I believe that Indonesia will provide a lot of the oil that will fuel China’s growth over the next few decades, making this the ideal area to invest in the oil sector. I am also skeptical of Canadian oil investments because I do not think that the United States will be consuming very much oil after the currency collapse. The United States will become such a wasteland, that there will be no one for the Canadian oil producers to sell to. Australia and the Scandinavian countries would be the best Western countries to make oil investments in, but the Asian countries are where the real growth will happen.

I expect the oil price to stay around $50 up until the time when the currency starts to collapse. Therefore, investing in oil is really only useful as an inflation hedge, and I think that gold and soybeans would be much more profitable inflation hedges than oil. I think that even if the US dollar index falls back towards the low 70’s, oil will probably still remain around $50. If oil does get pushed upwards by a fall in the US dollar, I expect oil prices to remain the same or even fall lower relative to other currencies. With the dollar index around 87, it is possible that the dollar can fall a lot, before it crashes. The dollar might drift lower, back down to 70 or make new lows down to 60 over the next few months. But at some point, a gradual decline could turn into a crash, and an Iceland style bankruptcy will occur.

Lindsey Williams told everyone to enjoy gasoline at the pumps under $2 per gallon, but he also warned everyone to use these next few months to prepare for the currency collapse. He explained that we will experience an Iceland style collapse in the United States. As a Canadian, I unfortunately believe that this collapse will also crush Canada and its economy. And with Mexico already essentially a third world nation, the bankruptcy of the United States and Canada will allow for a North American Union. This is all planned out by the elites, and I believe that the bankruptcy of Canada is necessary to form a North American Union. The CBC even did a made for TV movie about the North American Union called “The Trojan Horse”. It took place in the near future, after the Canadian government came to the rescue of the United States by providing drinking water and formed one country out of the crisis. Hopefully Canada will get to play the role of rescuing the United States from the crisis, rather than being in the same position, but it is likely that Canada will feel the pain of collapse in the US economy. Canada is more dependent on the United States than any other country in the world, and therefore, Canada is fixing to go down hard when the United States falls.

I think everyone in the United States should start making plans to get out of the country in the next few months. For those who decide to stay, a large supply of food, water, guns and ammo will be needed to survive the collapse. To survive the collapse from a financial perspective, investors need to own physical gold and silver, foreign stocks and foreign currencies. Gold held overseas, such as in goldmoney.com, and foreign bank accounts and stock brokers may be necessary to preserve wealth.

I was still debating with myself as to whether the dollar collapse would occur gradually over an extended period of time, with very high inflation... or if the currency would collapse virtually overnight. I believe now that the United States will experience a financial collapse similar to that of Iceland. Even though the economic collapse has already begun, I think the dumping of the dollar could destroy its value completely within a few days or weeks. I expect the dollar to stop rising, and resume its downtrend very soon, but at some point, a falling dollar will turn into a crashing dollar. We could wake up one day with the headlines reading “US Government is Bankrupt… Dollar in Free Fall, Banks and Stock Markets are Closed until Further Notice”. From this point on, panic grips the United States, there is rioting and looting in major cities around the country. Martial Law is declared and the US military (possibly alongside foreign troops) will patrol the streets, ration out food and water, confiscate guns and possibly gold. No one will be allowed to enter or leave the country though conventional modes of transportation. The United States will be fully controlled though a military dictatorship. And the worst case scenario is if the United States does not go peacefully into the night, and starts WWIII in order to maintain its status as super power. WWIII will likely involve the United States and Europe fighting against Russia and China, with the Middle East as an important battle ground because of the oil reserves. In lead up to this war, I expect the Untied States to invade Syria under humanitarian pretenses to save the poor people of Darfur. The real reason for the invasion of Darfur will be to cut off the oil supply to China. I expect the United States to invade or institute regime change in Pakistan, and possibly Iran and Myanmar.

I think the dollar collapse will happen in 2009. I think it could occur as early as January 2009. The motive for this to occur in January is so that the crisis would be totally blamed on Bush and the republicans. This way, the public would get behind Obama even more than they are now, and they will accept whatever “change” he institutes. The changes that he will make will require a certain percentage of the public to go along with his plans, which is why he is required to be loved and worshiped.

While the country was preoccupied with the election and the euphoria of a new President, the Federal Reserve and the Treasury seized power and looted the country of its wealth. They are literally creating trillions of dollars, robbing the American people, buying up assets, and consolidating power. This power will be passed onto Obama who will use it to enslave the population and lead them down the road to serfdom.

With the dollar collapse likely to occur sometime in 2009, there are a few things that will trigger this collapse. The collapse in the dollar will occur when the Federal Reserve has to monetize the debt. When other countries will not longer buy up enough Treasury bonds, they are just bought by the Federal Reserve instead, which is highly inflationary. Even though the dollar has been rising lately, a perfect storm for the collapse of the dollar is brewing. The first important factor is that the United States will be trying to sell more Treasury bonds than ever before. Obama has already stated that he will basically spend money without limit or concern of deficits. This means that there will be more debt than ever before for foreign nations to buy. With the economic crisis hurting all countries around the world right now, there is a lot less money available to buy up all the debt. China has recently announced a massive stimulus package and there is speculation that China might use its US dollar reserves to fund the expenditures. This would turn China, the biggest buyers of US Treasuries, into a net seller. On top of that, OPEC nations used to spend their excess oil revenues on buying up US debt. But with oil at $50, Middle Eastern countries will also turn into net sellers of US debt because they will need the extra revenue to fund their social programs since they built their economies on the assumption of high oil prices. And if Japan follows in the lead of China, it is possible that there will be a flood of US government debt onto the world markets, and no one will want to buy it. The Federal Reserve, as buyer of last resort, will monetize the debt and the value of the dollar will collapse. If all OPEC countries, as well as China, decide to dump dollars at a time when the US Government is trying to sell more dollars than ever before, the dollar will collapse virtually over night.

Lindsey Williams – The Next 12 Months – Recorded June, 2008

Part 1
http://www.youtube.com/watch?v=CApz4VGc31g
Part 2
http://www.youtube.com/watch?v=kNrFV82zg3I
Part 3
http://www.youtube.com/watch?v=Fyw0AVJrFKU
Part 4
http://www.youtube.com/watch?v=AMUcVfz3C1w
Part 5
http://www.youtube.com/watch?v=KFFZd9ntph8
Part 6
http://www.youtube.com/watch?v=oQBz0Fl1LtM
Part 7
http://www.youtube.com/watch?v=ociO8TtEXnQ