1.15.14 - By Craig R. Smith, Author, Swiss America Chairman
The new book Game Plan: How to Protect Yourself from the Coming Cyber-Economic Attack by Kevin Freeman is a stunning collection of factual research which lays out how a systematic international plan could bring down the U.S. dollar as the world's reserve currency. Freeman warns today's international effort to "crash the dollar" has reached critical mass - "Stage 3".
I have been writing about the increasing threat of economic and cyber war in my books and quoting Mr. Freeman for several years now. For example, in The Inflation Deception p. 28-29) I wrote ...
A Financial Pearl Harbor
According to Defense Department consultant Kevin D. Freeman, America in September 2008 suffered a financial “Pearl Harbor,” an internationally-launched coordinated computer raid designed to drain overnight trillions of dollars from our most important financial institutions. The resulting panic gulled Federal lawmakers into approving vast emergency bailout funds for banks, brokers and key corporations.
This remarkably-timed attack and resulting economic confusion persuaded voters to renew the liberal Democratic control of Congress and to elect a fresh and unknown-and-untested anti-capitalist radical community organizer as president.
According to Freeman, this attack was the culmination of three coordinated assaults that began in 2007 with “a speculative run-up in oil prices that generated as much as $2 Trillion of excess wealth for oil-producing nations, filling the coffers of Sovereign Wealth Funds, especially those that follow Shariah Compliant Finance.”
Oil prices soaring to $147 per barrel devastated the American economy, already vulnerable from the housing boom hitting a ceiling and the negative economic influence of a new and imperious Democratic Congress.
“The rapid run-up in oil prices,” wrote Freeman in his 2009 analytic study Economic Warfare: Risks and Responses: Analysis of Twenty-First Century Risks in Light of the Recent Market Collapse, “made the value of OPEC oil in the ground roughly $137 Trillion (based on $125/barrel oil) virtually equal to the value of all other world financial assets, including every share of stock, every bond, every private company, all government and corporate debt, and the entire world's bank deposits.” 
Stage 1 occurred 9-11-2001. Islamic terrorists targeted the WTC buildings hoping to strike the financial jugular vein of America. The attack successfully closed the U.S. stock, bond and money market fund trading for six full days.
Stage 2 occurred 9-15-2008. Freeman's research shows the Arab Sovereign Wealth Funds used $2B in oil profits to leverage a $20B "bear raid" on America - which successfully brought down Lehman Bros. and marked a deep recession, which WSJ reports, over half the nation still suffers from today.
Stage 3 will be a "bear raid" on the U.S. dollar. It is no secret the Arabs, Russians and Chinese have a goal of replacing the U.S. dollar as the world's reserve currency. Their plan is to introduce a new gold-backed Russian Ruble and Chinese Yuan/ Renminbi.
This coming bear raid could take many forms; including a staged cyber-attack on the five major banks, closing down bank account access, another "flash crash" on Wall Street, or targeting America's power grid or water supplies. Our vulnerability grows daily.
Here are just a few headline reminders of the growing cyber-economic-warfare ...
- N.S.A. Devises Radio Pathway Into Computers - New York Times
- Target says data breach up to $110 million customers - Yahoo News
- Trillion dollar risk: Cyberattackers target markets - Reuters/CNBC
- New York Times, Wall Street Journal and Washington Post hacked - The Guardian
And let's not forget the warning by Homeland Security Secretary Janet Napolitano the day she left office ...
“Our country will, at some point, face a major cyber event that will have a serious effect on our lives, our economy and the everyday functioning of our society.” - Large-scale cyberattack on US is inevitable - The Hill
"This may be the most critical issue we face today," reports SiliconAngle. "This is America's new battle space. The doctrine of mutually assured destruction or the notion of taking on our military even after years of prolonged challenges is not something that enemies are even thinking of engaging in anymore. It's all about cyber attacks, attacking the financial and national infrastructure - that's the frontier."
Our enemies' goal is to create a major financial PUBLIC PANIC in America. One that would so discredit the U.S. and our 98% debased currency that both American citizens and our foreign trading partners would begin to shun the dollar all at once in favor of a new currency with a store of value and gold backing.
Freeman believes, and I agree, this U.S. dollar "bear raid" could happen at any time - without notice. Therefore, holding significant wealth in stocks, bonds and banks has never been riskier.
America and its citizens need to wake up quickly and take swift, decisive actions to move risky paper and financial assets into time-tested tangible assets like gold and silver. In 2013 gold successfully withstood a major “bear raid” by speculators. In 2014 the U.S. dollar may not withstand the coming global “bear raid”. Be prepared!
Today we are living on borrowed time and money. Make sure you are not caught by surprise the day the dollar dies! Instead, insure that your wealth survives and thrives - safely stored in the only form of money our Founders ever mandated for public or private use: Gold & Silver!
Read more from Craig R. Smith in 2014 Real Money Perspectives, The Timeless Truth About Money.