Socio-Economics History Blog

Socio-Economics & History Commentary

There Is A Major Shift From West To East Occurring As The Dollar Dies: London Paul

August 18, 2017 Posted by | Economics | , , , , , , , , , , , , , , , , , | Leave a comment

Lynette Zang: They Want to Get Rid of Cash. Financial System Cannot be Trusted — Gold $9,300 & Silver $625

  • Lynette Zang: They Want to Get Rid of Cash. Financial System Cannot be Trusted — Gold $9,300, Silver $625 Now
    by Greg Hunter’s USAWatchdog.com
    Market analyst Lynette Zang says get ready for a “money standard shift.” A reset in how we buy and sell things is being put into place. Zang contends, “Look at the crypto currency area because they know that’s where they want to go. They have to take us there so they can get rid of cash, and they can control everything directly. . . . Generally speaking, all these new crypto coins that are coming out and are making lots of money and people marry that money because of nominal confusion, what is really happening is they are preparing us . . . for a money standard shift.”


    Zang explains that the U.S. dollar has lost about 96% of its value since inception of the Federal Reserve, and its value is “nearing the bottom. . . . So, there is no place else to go but to digital currency,” says Zang.

    On interest rates, Zang says with all the massive debt out there globally, rates cannot be allowed to rise, and central bankers “need interest rates to be negative.” Zang says, “Interest rates will not go up too much further because that will trigger the derivative market unless they are ready for the shift . . . because all that debt keeps coming due. It’s not like they are paying that debt off, they are just rolling it into additional debt. Rising interest rates will cost everybody more money.”

    If rates go up to around 4%, Zang contends, “That would be a trigger and cause a derivative event that will implode all the markets.”

    Zang says we are headed towards an undemocratic technocratic financial system. Zang explains, “Technocrats don’t care about people, they care about systems. That’s what the most important thing is. The formulas that guide all of those systems is not how a democracy works. . . . Essentially, what they are trying to do is get all wealth held in cyberspace and the title to all wealth held in cyberspace. Then the “Smart Contract” can immediately transfer that title. You can go to the mall and spend the equity in your house.”

    Zang warns that central banks could make a big mistake and lose control quickly. Zang says, “They could lose control because it’s all about confidence. Why do they keep testing all of this confidence? People have been losing a lot of confidence in the governments and central banks. Why do they need a trustless system? They could lose control.”

    Zang says every fiat currency will reset against gold and silver, and if it happened today, she estimates “gold would be more than $9,300 per ounce” and “silver would be more than $625 per ounce.”  Zang says, given all the unpayable debt in the world, those are conservative estimates.
https://www.rt.com/business/377307-jim-rogers-currency-control-cash/

The plan to microchip everyone with RFID ‘666’ is being implemented now. Click on image for article.

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August 17, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , , , , , , , | 1 Comment

Dollar Won’t Collapse – It Will VANISH | Jim Willie

August 16, 2017 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Rob Kirby: Economic Collapse, Currency Devaluation, Gold, Silver …

Click on image to download MP3 interview.

  • Rob Kirby: Economic Collapse, Currency Devaluation, Gold, Silver …
    by Turd Ferguson, http://www.tfmetalsreport.com/
    What great timing to have Rob Kirby back for an A2A webinar. Rob’s vast experience provides a unique perspective on the failure of The Generally Accepted Narrative for 2017 as well as some wisdom on where we are headed from here. Among the topics discussed today:

    * Rob’s thoughts on how The Fed was able to institute ZIRP and why rates remain historically low.
    * Why the POSX is falling so rapidly in 2017.
    * What message could be gleaned from Terry Duffy’s appearance on FBN two weeks ago.
    * Why Rob prefers physical gold and silver to owning the mining shares.
    * And much, much more!

    This was an incredibly informative presentation and we should all be grateful that Rob so generously shared his time today. Please try to carve out some time to give this podcast a thorough listen.

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August 7, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

The Next Crisis Financial Crisis Is Going To Be A Dollar Crisis: Peter Schiff

August 5, 2017 Posted by | Economics | , , , , , , , , , , , | 1 Comment

Dark Times Are Ahead Of Us, Be Prepared For The Devaluation Of The Dollar: Jim Willie

July 29, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Something Big Is Lurking That Will Change The Precious Metals Market: Andrew Hoffman

July 12, 2017 Posted by | Economics | , , , , , , , , , , , | Leave a comment

China Makes Move To End The Dollar! Petro-Dollar Collapse 2017?

  • Published on Jun 5, 2017
    China Now Pressuring Saudi oil exports be sold in Yuan. The Dollar Collapse is becoming a very real danger as a concerted effort to dethrone King Dollar as the world reserve currency The Petro Dollar stautus now looks more fragile than ever. China takes aim directly at the central point of strength to our very fragile fiat currency.

The grim reaper is coming for the petrodollar.

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June 10, 2017 Posted by | Economics, GeoPolitics, History | , , , , , , , , , , , , | Comments Off on China Makes Move To End The Dollar! Petro-Dollar Collapse 2017?

Rob Kirby: The Opening Of A Second Front Against the Gold Cartel

  • Rob Kirby: The Opening Of A Second Front Against the Gold Cartel
    by http://thedailycoin.org/
    Expert Analyst Rob Kirby Joins Us For A MUST LISTEN Show: The Cartel Had to Get Their Gold Butt Kicking in Early! $4 Billion Shellacking An Attempt to SMASH Sentiment! Why is Silver Open Interest At Historic Highs At LOW Prices? Kirby Reveals Why Silver is Bankster KRYPTONITE Katie Bar the Doors: Once the Cartel is Overwhelmed With PHYSICAL Demand That Can’t Be Met – the Supressors of Price Will Become BUYERS You Will See Gold & Silver Trading the Way the Cryptos Have the Past 3 Months.

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June 10, 2017 Posted by | Economics | , , , , , , , , , , , , | Comments Off on Rob Kirby: The Opening Of A Second Front Against the Gold Cartel

We Are Going To See A Huge Crisis That Will Bring Down Currencies & Governments: James Wesley Rawles

June 9, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Comments Off on We Are Going To See A Huge Crisis That Will Bring Down Currencies & Governments: James Wesley Rawles

When The Crisis Hits,Financial Markets Will Shutdown Throughout 80%-90% Of The World: Bill Holter

June 5, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Comments Off on When The Crisis Hits,Financial Markets Will Shutdown Throughout 80%-90% Of The World: Bill Holter

Clif High: Crypto Currencies Break Loose, then Gold & Silver

  • Crypto Currencies Show Global Reset Underway – Clif High
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Internet data mining expert Clif High has just finished an in-depth dive on crypto currencies such as Bitcoin. High uses what he calls “predictive linguistics” to spot trends and make predictions for future events.  With the latest price spikes in so-called blockchain type crypto currencies, what does Clif High see with his latest Internet mining report?  High reveals, “We are not at a period of time where we are valuing one store of wealth, Bitcoin against a store of debt, the dollar.  We are, instead, looking at an episode of hyperinflation. It is an episode where a great many people lose faith in the dollar, and they rush into Bitcoin and other crypto currencies. . . .   There are people coming in and out of the crypto space based on the degrading levels of confidence in the U.S. dollar.  So, we are at a global currency reset at this point. There will be no Bretton Woods conference.  There will be no G-7 central bank meeting that will be meaningful because these individuals are behind the curve.  The curve is being led by all the people as they lose confidence in all of the fiat currencies. . . . We have demonstrable proof that the managers of the dollar are very bad at it.  Lots of people understand this, and they want out of the dollar and into something else.”

    On charges things like Bitcoin are nothing more than a Ponzi scheme, High rebuts, “We are at a flux point where one system is dying off and we are just about to head into the other one. As we go into that transition, this point of time we are in right now is where all of this is coming up, all the froth, all of the corruption globally, because we can’t pay for it any more with dying dollars.  You can’t bribe people with dying dollars.  We have to have good solid money, and we are developing it on our own because the sovereigns failed us.  When the sovereigns failed to supply wheat, then the French Revolution happened and off with their heads.  We can’t take being starved by a bunch of butt heads at the top.  “We the People” can tolerate a great deal, but the body politic is self-correcting. . . . In this case, we have decided the butt heads in charge of the Fed and body politic have to go because those guys are just too corrupt, too criminal, and they are in our way. . . . Both the dollar and the banks are doomed, and I am not messing with those.”

    read more.

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June 5, 2017 Posted by | Economics | , , , , , , , , , , | Comments Off on Clif High: Crypto Currencies Break Loose, then Gold & Silver

This Is Why The Dollar Empire Is About To Fall

  • Published on May 31, 2017
    The EU is pushing the UK to pay for everything to leave. This is more about trying to keep the UK from leaving. Banks are now reporting that revenue will be much lower now and moving forward. Chicago PMI declines but then they issued a correction and it increases.Pending home sales implode. The Fed says its impossible to spot bubbles, Bernanke said the same thing right before the bubbles popped in 2008. The tech bubble is starting crack, outlfows are being reported. Mauldin warns we are headed to a major reset. Fitch warns the biggest threat to the dollar is within the US, the empire will fall if these pieces of legislation are passed.

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June 1, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Comments Off on This Is Why The Dollar Empire Is About To Fall

Bitcoin Spike Reflects Worldwide Paper Currency Dumping | David Morgan

  • Published on May 25, 2017
    David Morgan says the spike in Bitcoin shows people worldwide are escaping fiat currencies. Unlike gold and silver, Bitcoin can’t be shorted. If gold and silver prices weren’t manipulated, he says, also they would be skyrocketing right now.

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May 26, 2017 Posted by | Economics | , , , , , , , , , , , , | Comments Off on Bitcoin Spike Reflects Worldwide Paper Currency Dumping | David Morgan

Gold $10,000: The Full Report – Gary Christensen

May 21, 2017 Posted by | Economics | , , , , , , , , , , , , | Comments Off on Gold $10,000: The Full Report – Gary Christensen