World Monetary Earthquake! Gold And Silver Upside Explosion!

• Although things appear somewhat calm in the financial market, this is not the case. The problems the world face is intractable. Something has got to give. Here are some recent warnings from the real experts and not the propaganda shills:
    
  Ben Davies – The World Monetary Earthquake, The Dash From Cash
  … The inevitable conclusion of most countries today is that the best way to extricate themselves from the current mess is to shift effective demand away from imports onto domestically produced goods.   The preferred method is competitive currency devaluations. …. Unfortunately this is not possible for all, and leads to friction as countries effectively steal other nations output to bolster their own. 
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  Within a single week 25 nations have deliberately slashed the values of their currencies.   Nothing quite comparable with this has ever happened before in the history of the world.   This world monetary earthquake will carry many lessons.
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  The dollar pegs, primarily the Asian renminbi dollar semi-fixed exchange rate, what most refer to as Bretton Woods II, have (arguably) been responsible for the financial friction we observe today. …. The RMB and US dollar are constantly colliding into each other. The clashing of these two tectonic currency plates has just begun to accelerate at an alarming rate.   Ironically the move to greater currency flexibility on the part of the RMB against the dollar stands ready to produce the almighty mother of seismic monetary events – the collapse of the fiat currency system. 
    
  James Turk – Upside Explosion, The Short Squeeze Is On (Gold And Silver)
  “…very positive …. the momentum is starting to build ….. the big money is coming off of the sidelines which is what we expected because it is obvious now that the upside explosion has begun.” “The gold shares, the XAU and the HUI have not confirmed as of yet by making new highs, and that is keeping a lot of people out of this market.  I expect the gold indexes to hit new highs this week.”
   
  “The short squeeze is on and the bears are feeling the pressure.  As the price continues to rise, then we will eventually see the shorts capitulate.  Hang on with strong hands, accept the volatility, because we are going a lot higher.”
    
  John Williams – Dollar Crisis-of-Confidence & Gold
  Gold and Dollar Signal Problems.  … the continued rally in precious metal prices and renewed weakness in the U.S. dollar appear to be signaling growing global concern of the implications of an actual re-intensification of the downturn in U.S. economic activity.
   
  Particularly destabilizing to the markets are fears of the likely responses of the Federal Reserve and the federal government to forestall systemic collapse through significant debasement of the U.S. dollar.
   
  The current circumstances are of a nature that could trigger further central bank activity — overt or covert — in terms of slamming the price of gold or attempting to prop the value of the U.S. dollar with short-lived actions ranging from direct intervention in the markets to jawboning. As dollar-defensive efforts get more serious, such will signal an intensification of dollar-dumping desires by holders of the U.S. currency, and the rapid nearing of the ultimate crisis-of-confidence in the dollar. 

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