Hal Turner Show - June 10, 2009

Jail time

Economy Force Majeure

02:00:22 h
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This Friday is the third Friday in June. On the third Friday of every month in the stock and bond markets, option contracts expire. On the third Friday of every quarter, quarterly contracts and options expire. These are options on futures, stock options, single stock futures, it's called a triple or quadruple witching hour. This is a normal course of events which happens forever. This week something very very devious is going to happen. It will begin happening tomorrow at ten o'clock Greenwich Mean Time the World Health Organisation is expected to declare a level 6 flu pandemic. When they declare a level 6 pandemic that will mean that the Flu is out of control worldwide and drastic measures are to be taken. A level 6 pandemic is apart of financial and other business contracts! It is under the Force Majeure clause of contracts.

A Force Majeure is like an act of War, Earthquake, landslide. A Force Majeure means a force greater than anybody can control. The reason they put Force Majeure clauses in contracts is to allow one or both parties to a contract to stop meeting their obligations under that contract because a situation has taken place which is out of control. Well a level 6 pandemic is a Force Majeure, this is incorporated into commercial business contracts. They actually mention in the Force Majeure section, 'disease pandemics.' Friday is the Quadruple Witching Hour for the expiration of financial and stock option contracts. Over the past couple of months, the stock and bond markets they've all been struggling just to tread water. They haven't really gone up any great shakes but they have experienced significant downward trends and they battle back up then drop again!

Tomorrow when the World Health Organisation declares a level 6 pandemic, this will mark the end of life as we know it in terms of the economy. This will trigger the Force Majeure clauses in a whole amount of contracts. The economy is going to tank suddenly this week or next week! In order to make certain that they can blame something other than their own greed, their going to invoke the level 6 pandemic, so everybody blames the destroyed economy on the flu pandemic. This is a diversionary move to divert your attention from the greed and outright theft that has taken place in the corporate America, banks, financial houses. Theres been outright fraud and theft to the tune of trillians of dollars. The situation is no longer sustainable the collapse is here, its happening! This is it folks, this week and their going to blame it all on the flu. Their going to say everything collapsed cause we had a flu pandemic! Their hoping that you gullible people out there when you can't get your money out the banks, when you can't get your retirement accounts, when you can't cash your cheques. They hope you'll buy their excuse its all because of the flu this had to be, its not our fault. Dont be fooled!!!!" -HAL TURNER JUN-10-2009