This is a for what it's worth forward of a tuned in connected pundit.

I do not buy into everything he says, but this might be relatively correct. Remember that he is commenting ONLY(?) on someone else's belief who may or may not know enough to project this timeline of events. But it is an interesting read.

As you may know gold blew thru $1000 today and the US dollar fell hard. The thing about these final days of empire is that the projections below WILL happen at some point and it is only the timeline that is in question. Whether it will be sooner or later than stated.

-------------- Original message from Jim Willie CB <jimwilliecb@gmail.com>: --------------

this is powerful news on a few extremely important fronts

my source is a very reliable fellow with many many years of experience in key relationships

without full confidence by me, I would not share pass along any of it

this guy has connections with USMilitary, CIA, and knows personally a ranking banker at Wells Fargo

here are some main points:

1) Wells Fargo is bankrupt but will shed a raft of bad assets to the USFederal Reserve

Citigroup will soon announce a major splitup of subsidiaries, unsure whether Citi name will remain

Bank of America and especially WF will pick up the choicest pieces of Citi business segments

2) both Goldman Sachs and JPMorgan will undergo a death experience before end of 1Q2010

their credit assets and derivative games will erupt in a series of explosions

their leverage will backfire finally

their entire assets will be carved up at the morgue

3) the USFed will serve as the "Bad Bank" since no official USGovt sponsorship will be approved

the USFed will take another full bounty of toxic assets in order to avert a collapse of the US banks

the USFed balance sheet will zoom past $3 trillion

4) the USDollar will vanish sometime next year 2010, but will NOT be replaced by the Amero

the Amero was in particular described as "nothing but smoke & mirrors"

it is unclear what the US$ will be replaced by, since paper currency cannot replace paper currency

if the US$ is not replaced, then it will undergo a massive devaluation

my opinion is that devaluation will NOT revive the USEconomy, which has too small an industrial base

the higher cost structure would kill the USEconomy without much benefit from expanded exports

5) the CIA midlevel fellow claims before end of 1Q2010, everything tied to the US will break

he referred specifically to the overseas military adventures, the bank system, and the economy

he called it all unsustainable and in the process of breaking now

he said "it will all blow up early next year, and the key players are all preparing"

6) the Wells Fargo executive banker personally bought 250k oz silver bullion a few years ago

when asked, he admitted that he has vastly increased his silver holdings

when asked of the future silver price prospects, he said something like "it will rise beyond your imagination"

the part that sounds inconsistent is that JPMorgan will suffer a death,

but the USFed will continue to accept toxic assets from major US banks

that could mean JPM will morph into the Bad Bank

the other part that is inconsistent is that the USFed itself seems destined to sink into oblivion

its insolvency will become apparent soon, not at risk of bankruptcy, since it has assured cash flow

comments are welcome

/ jim