Socio-Economics History Blog

Socio-Economics & History Commentary

Dollar Collapse Starts Sept 30? Gold Bull Will Rage | David Morgan

  • Published on Sep 18, 2016
    With major analysts predicting a convulsive impact to the US Dollar this fall, driven by a global rush into the new SDR basket of currencies once it becomes turbo-charged with the Chinese Yuan and gold, how will Gold and Silver react, and what can you do NOW even beyond holding gold & silver to position yourself ahead of the next surprise leg of the bull market?

    * Approaching Sep 30, 2016 Chinese Yuan addition to the SDR basket of currencies.
    * Jim Rickards has predicted a major upset to the global fiat currencies, including the US Dollar at the end of trading (4pm EDT Sept 30, 2016)
    * Most nation states know that there needs to be a reset – SDR will be funded by all the nation states, will the SDR be enacted as the new global currency? At least for state-to-state finances?
    * SDR may well be perceived as more desirable since “more stable”: a hedge against individual currency fluctuations. Will dollars be swapped out for SDRs by major holders all over the world?
    * SDR will only take hold if the populace is unaware of what it really means: just another paper fiat scheme.
    * Will SDR manage to extend the over-aged fiat system for a few more months or years?
    * Currency reset will cause a huge disruption in JIT (Just-in-Time) supply chains, but we may truly need to go through a reset to heal the unbacked unsound paper system.
    * Derivatives & swaps leverage are poised to collapse at a tipping point.
    *** True reset without pain is impossible.
    * SDR impact on the gold market? Gold should be included in the SDR, and IMF should reprice gold much higher (Rickards calls for $10,000/oz) to provide liquidity and appearance of stability.
    * SDR could take gold either way, even based on rhetoric – if gold is declared to be in or out.
    * What happens when the psychological tipping point is breached, and the masses of the population follow the 1% of leaders (gold & silver stackers) away from empty fiat currency to real money (gold & silver)? Rush to physical precious metals driven primarily by fear, not greed. Suddenly population panic that their pension plan, saving account, real estate portfolio value will implode.
    * We must recognize the inherent risks in the Keynesian fiat Ponzi scheme – Yes it fuels economic growth on steroids, but when you run out of followers, the pyramid collapses.


September 20, 2016 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

The Coming Bond Bubble Collapse| Michael Pento

  • Published on Sep 18, 2016
    In this week’s podcast, Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy.


September 19, 2016 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

The Central Banker Manipulation Will Not Stop Silver Exploding Higher: Bill Murphy

September 19, 2016 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

China’s Stunning Plan For Gold And A New Monetary System


  • China’s Stunning Plan For Gold And A New Monetary System
    With many investors worried about the economic turmoil that has engulfed the globe, here is China’s stunning plan for gold and a new monetary system.

    China’s Plan For Gold & A New Monetary System
    Stephen Leeb:  “The world is headed to a new monetary system. But most in the West are still valiantly trying to deny that reality. Whether you’re reading The New York Times or Bloomberg News, or delving into recent white papers released by various institutions, you’re sure to find anti-gold propaganda, stories about how oil is plentiful, all the while stalwartly maintaining that the dollar won’t be superseded by the renminbi… 

    Gold’s Role In The New Monetary System
    All said, we still think Plan A is China’s plan. The renminbi’s inclusion in the SDR will be followed by the establishment of an Eastern oil benchmark under Chinese auspices. (It never ceases to amaze me how the most important news, such as the budding friendship between Russia and Saudi Arabia, never makes headlines). Gold will be added to the SDR, and the new monetary system will be ready to go. Can anyone say five-digit gold? Get used to it. But as we said above, China may choose to proceed to this goal at a very deliberate pace.

    read more.


September 19, 2016 Posted by | Economics | , , , , , , , , , , | Leave a comment

A2A with Willem Middelkoop, Author of “The Big Reset”. The Coming New Global Monetary System, SDR, Chinese Yuan, Gold …

Click on image to download the MP3 interview. Click here to goto Amazon for the book:

  • A2A with Willem Middelkoop, Author of “The Big Reset”
    by Turd Ferguson,  
    Our webinar guest this week was Willem Middelkoop, author of the best-selling book “The Big Reset“. With the Chinese yuan set to be included in the IMF’s SDR at the first of October, this conversation could not have been more timely.

    First of all, Willem wrote “The Big Reset” back in 2013 and he updated/revised it in 2015. If you’ve not yet purchased a copy, what are you waiting for? Please use the links provided for this purpose. Additionally, Willem added an extra chapter for free back in August. Here’s the link to the pdf: 

    Over the course of this call, we tried to hit as many topics as we could in the time we had. Among the issues addressed by Willem:

    * Brexit and the ramifications/implications for the euro and EU
    * The pending inclusion of the Chinese yuan/renminbi in the IMF’s basket of currencies called the SDR
    * How The Big Reset will happen…overnight or gradually
    * How and why gold might one day be included in the SDR, as well
    * Willem’s favorite commodity picks and why.

    PLEASE be sure to listen to this entire recording. The SDR changes are just two weeks away and you need to be aware of the possible global effects and impacts. Thanks again to Willem for generously offering some of his limited time. We look forward to speaking with him again soon.
  • The Big Reset: War on Gold and the Financial Endgame 
    A system reset is imminent. Probably even before 2020, the world’s financial system will need to find a different anchor. The dollar has been at the center of the monetary system since the Second World War, but decades of money printing have caused a gradual but relentless dollar devaluation. In a desperate attempt to maintain this dollar system, the United States has waged a secret war on gold since the 1960s. China and Russia have pierced through the American smokescreen around gold and the dollar and are no longer willing to continue lending to the United States. Both countries have been accumulating enormous amounts of gold, positioning themselves for the next phase of the global financial system.

    There are only two options: a financial reset planned well in advance, or a hastily implemented one on the back of a dollar crisis. The United States, realizing the dollar will lose its prominent role, seems to be planning a monetary reset that will surprise many. It will be designed to keep the United States in the driving seat, but will include strong roles for the Euro and China’s Renminbi. And it is likely gold will be reintroduced as one of the pillars of this next phase of the global financial system. Insiders claim gold could be revalued up to $7,000 per troy ounce during this process.

Click on image for article.


September 19, 2016 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Michael Dohrmann Summary of Lindsey Williams’ DVD “Take Immediate Action!” Worldwide Economic, Financial Collapse And WW3!




September 18, 2016 Posted by | Economics, EndTimes, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Buy Gold As Bonds Are ‘Biggest Bubble In World’ – Warns Billionaire Singer


  • Buy Gold As Bonds Are ‘Biggest Bubble In World’ – Warns Billionaire Singer
    by Tyler Durden,  
    Buy gold as bonds are in the “biggest bubble in the world” and it is a “a very dangerous time in the global economy” according to billionaire investor, Paul Singer.

    Speaking at the CNBC Delivering Alpha Conference, the respected hedge fund manager, Singer said he favours a diversification into gold right now. He thinks that gold is “underrepresented in many portfolios as the only money and store of value that has stood the test of time.” He added that at current prices gold is “undervalued.”

    For Singer, the founder of the $27 billion Elliott Management, owning gold is “opposite confidence in central banks” who have made the bond market “the biggest bubble in the world.”  Singer urged the room of investors to sell their bonds:

    “I think owning medium to long-term G-7 fixed income is a really bad idea. By removing these things that are bad ideas, that’s a helpful thing. Sell your 30-year bonds. ”

    The bond market is $60 trillion. Right now, nearly $10 trillion in fixed income is negative yielding. He added that these prices and yields contain a “tremendous, never-before seen asymmetry between potential further reward and risk.”

    Singer is among a number of hedge fund managers who have become increasingly vocal against central bank policy. He said that central banks have created a “tremendous increase in hidden risk and “unusual dangers that are unique in the ‘5,000 years-ish’ history of finance.”

    Transcript of Singer interview with CNBC here and video here



September 17, 2016 Posted by | Economics | , , , , , , , , | Leave a comment

David Stockman: Stock & Bond Bubbles Much Worse Than 1929. Gold Prices Will Soar When Central Banks Fail

  • David Stockman: Stock & Bond Bubbles Much Worse Than 1929. Gold Prices Will Soar When Central Banks Fail
    by Greg Hunter’s
    Economic expert and best-selling author David Stockman offers a dire view of the deep financial trouble America faces in his new book titled “Trumped!”   Stockman warns, “I think we are on the very edge, but what is different this time and makes it scarier . . . is I believe the central banks that ruled the roost have gone from one extreme to the next and done unfathomable things like negative interest rates on $13 trillion of bonds around the world, monetization of the debt, and bond purchases that are staggering such as $90 billion a month in Europe. . . . So, this time, as the phrase goes, they went all in.  They have violated every principle of sound money and sustainable finance that mankind has ever learned about over many centuries.  They have taken us to the edge, but they are out of dry powder.  I think it’s pretty obvious that they can’t go any deeper with subzero interest rates, or negative interest rates. . . . If they tried this in the United States, I think there would be a huge political uprising. . . . They are out of dry powder and out of tools, and therefore, the financial markets of the world are more vulnerable, maybe even more so than in 1929.  You are talking about a bond bubble like never before imagined or conceived, and the stock market is the same way as well as derivatives.”

    All this financial malfeasance and engineering was fantastic for the one percent, but everybody else got the shaft. For example, Stockman points out in “Trumped!” the last 30 years “The top 1%’s wealth has grown by 300%, and the top “Forbes 400” wealthiest people in the world had their wealth grow by a staggering 1,000%.”  Meanwhile, the “bottom 90% of Americans have seen their wealth steadily deteriorate.”  Stockman goes on to say, “This has benefited a very narrow slice of the population.  You can call it the 1% or the bicoastal elites who own most of the financial assets.”

    read more.


September 17, 2016 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Gold Yuan: Post-Dollar World Order Emerging in Eurasia

Click on image for article.

RMB_world_currency_billboard China Gold Yuan

Get the message: Gold backed Chinese Yuan / RMB.

Click on image for article.

Click on image to read the pdf file.

September 16, 2016 Posted by | Economics | , , , , , , | Leave a comment

Another Billionaire Warns of Catastrophic Depths Not Seen in 5,000 Years – And Emphasizes Gold

  • Another Billionaire Warns of Catastrophic Depths Not Seen in 5,000 Years – And Emphasizes Gold
    by In past issues, we’ve documented increasingly concerned billionaires warning of dangerous economic times. Many have favored gold as an alternative allocation in a world where $13 trillion-worth of debt is negative yielding, interest rates are artificially suppressed and we’re on the brink of major wars.

    The newest addition to this gold-loving billionaire’s club, is none other than hedge-fund manager Paul Singer. At CNBC’s Delivering Alpha Investors Conference this week, the founder of the $27-billion Elliott Management Fund, the 17th largest hedge fund in the world, mentioned that at current prices gold is “undervalued” and “underrepresented in many portfolios as the only … store of value that has stood the test of time.”

    Singer, along with numerous other hedge-fund managers, has been increasingly outspoken in his criticism of the Federal Reserve and other central banks for creating dangers in the market unlike any in what he terms the “5,000 year-ish” history of finance. Singer noted that “it’s a very dangerous time in the global economy and global financial markets.”

    This quote is frighteningly similar to the response given by Donald Trump on Fox Business not long ago when he was asked if he had money in the market. He answered, “I did, but I got out,” and then went on to say that he expected “very scary scenarios” for investors.

    Singer also stated that he thinks owning medium- to long-term first world debt is a “really bad idea”… and then proceeded to tell listeners to sell their 30-year bonds.

    read more.


September 16, 2016 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Michael Pento: Catastrophic Bond Market Collapse Approaches! Gold Goes To All Time Highs If Fed Admits It Cannot Raise Rates

  • Michael Pento: Catastrophic Bond Market Collapse Approaches! Gold Goes To All Time Highs If Fed Admits It Cannot Raise Rates
    by Greg Hunter’s
    Money manager Michael Pento wrote a book a few years ago warning of “The Coming Bond Market Collapse.” All the signs say this calamity is very close. Pento explains, “Global central bank balance sheets have risen from $6 trillion in 2007 to $21 trillion today. That’s the increase in the size of central bank balance sheets. . . . I can prove to you when this bubble breaks,it’s going to be disastrous. . . . Just that they (European Central Bank-ECB) didn’t hint at expanding QE and look at what it has rendered us. That’s proof positive that everything that has happened since the 2008 collapse, that it’s just been artificial and ephemeral in nature. Once central banks even hint at pulling back from their QE programs and ZIRP and NERP go away, bonds will crash, and when those sovereign bonds crash on a global basis, it’s going to take everything else down with it concurrently.”

    What happens if the Fed raises interest rates, and what happens if it doesn’t? Pento contends, “If the Fed actually raises rates in this September meeting, I think what you saw last week and what you are experiencing this week is just the warm-up act. You are going to have a wipeout in bonds. Everybody is going to be rushing for the door at the same time, and there is no room but for one out of a thousand to get through. So, it’s going to be catastrophic.”

    How fast could interest rates rise, and how high could they go? Pento calculates, “What’s going to happen eventually is exponentially worse than what you saw last week and this week because eventually, they (central banks) are going to have to change their monetary policies. They (central banks) are going to have to, once their 2% inflation target is achieved, they are going to have to start unwinding their balance sheets. Otherwise, there is going to be no way to drain the money supply. They’re going to have to sell assets. Front runners that are front running the bids from central banks are going to have to get out. . . . So, yields are going to absolutely spike to at least where inflation is plus a percent or two. I am saying you can go from negative rates such as -.1% to 2% or 3% or to 4% in a matter of days. . . . When I say 2%, 3% or 4%, I am being generous. I think rates could spike dramatically, and the bond market is global in nature . . . . That’s going to spike all yields concurrently and in unison, and everything, Ferrari’s, diamonds, commodities, real estate investment trusts, municipal bonds, collateralized loan obligations, and I mean everything is priced off of that risk free rate of return. . . . If they are going to stop their repression of interest rates, everything is going to collapse concurrently.”

    read more.


September 16, 2016 Posted by | Economics | , , , , , , , , , , , , , , , , , , | Leave a comment

Billionaire Elites Piling Into Gold – Jeff Berwick on Palisade Radio

  • Published on Sep 6, 2016
    Jacob Rothschild, Stanley Druckenmiller, George Soros, along with his associate Crispin Odey, and other billionaire elitists are moving massively into gold. In his recent semi-annual address to RIT shareholders, Rothschild announced that they are reducing their stock and currency exposure and increasing their gold holdings.

    Rothschild: ”The six months under review have seen central bankers continuing what is surely the greatest experiment in monetary policy in the history of the world. We are therefore in uncharted waters and it is impossible to predict the unintended consequences of very low interest rates, with some 30% of global government debt at negative yields, combined with quantitative easing on a massive scale.”

    Original post on Palisade Radio:…


September 15, 2016 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

MUST WATCH… Financial Apocalypse ON of BEFORE October 3 2016? – Bo Polny

  • Published on Sep 14, 2016
    The Four Horsemen of the Apocalypse are described in the last book of the New Testament of the Bible, called the Book of Revelation of Jesus Christ to John the Apostle, at 6:1-8. The chapter tells of a book or scroll in God’s right hand that is sealed with seven seals. The Lamb of God opens the first four of the seven seals, which summons four beings that ride out on white, red, black, and pale horses. The Four Riders are often seen as symbolizing Conquest or Pestilence or Christ or the Antichrist (theologians and popular culture differ on the first horseman) [1], War [2], Famine [3] and Death [4].

    Are the Four Riders in the Book of Revelation a Truth (yet to occur) or complete Fiction? Are we living in or about to enter these Biblical times as foretold in the Book of Revelation? Are the horsemen soon to ride or is all this just complete Fiction? How could such terrible calamities begin as foretold within the Book? WHAT could be the ‘triggering event” if the Book of Revelation is a truth and WHEN would it all begin? Many questions and much to consider.

    Looking at our world today, the best guess of WHAT the ‘triggering event” could be is a worldwide financial Derivative Crisis. How could such an event occur? That is anyone’s best guess; but the WHEN we believe is mathematically possible to calculate… and calculation indicate we are now very close to such an event, in fact, extremely close…


September 15, 2016 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Silver to Gold Price to Reach 1:10 Ratio! Mining Expert Steve St. Angelo Interview

  • Published on Sep 13, 2016
    China’s rise, energy & oil shale collapse, world debt levels growing exponential & More: This has got to be our best interview of the year! Steve St. Angelo is an energy, metals and mining expert with statistics and information you simply cannot get from anyone else. The stats WILL shock even a veteran in the alternative economic space and this is a must watch for everyone especially with the IMF SDR basket to add the Chinese Yuan less than one month from this release.

    02:30 Diminishing Energy Returns: Something other PM Analysts Don’t Talk About
    04:55 History of Oil and energy return on Investment
    06:00 Technology Does Not Mean More Energy Return
    06:50 $13.5 Trillion in Bonds at Negative Interest Rates
    07:45 Supply vs Demand of Oil – Price to Collapse to $0
    10:00 $12 per barrel Oil by 2020 Prediction
    12:40 Global Silver production to crash 75% by 2025
    16:20 Debt Collapse, base metal mines close, Gold/Silver Spike
    17:30 2.2 Billion Oz of Gold Investment, 2.5 Billion Oz of Silver
    19:40 $3 Trillion in Gold, Only $50 Billion in Silver
    20:50 Silver Could reach 1:10 Ratio to Gold’s Price
    21:20 Pivot East: SDR Backed Bond with Yuan in IMF’s basket
    23:00 China will Announce Significantly Higher Gold Reserves
    25:10 Indian Gold Buying Season to spike Gold Price 2016
    26:00 Yuan in SDR Oct 1st will Change World Financial System; US Dollar & America’s world position is in jeopardy
    27:30 Earthquakes from Shale oil to add to crash
    29:20 Waste water a huge problem from fracking
    34:30 Debt Growth worse than exponential, collapse soon
    36:20 Get more from Steve & Buy Metals from Tom Cloud

    Get more from Steve St. Angelo at:


September 14, 2016 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Road to Roota: Planned Financial Collapse to Likely Occur This Fall

  • Published on Sep 11, 2016
    Jeff interviews Bix Weir of Road To Roota, topics include: things turning out as predicted, electronic market manipulation, inevitable silver shortages, preparing for financial collapse, death watch for Deutche Bank, preserving wealth in a collapse, the internet off switch, EMP Internet and Bitcoin, G.A.T.A. and China, fighting the banksters and federal reserve system, Alan Greenspan and the basic computer language, early electronic trading, coming off the gold standard, engineered market crashes, money printing to crash the system, the federal reserve on Facebook, the 25 trillion dollar bailout that will not happen, the Jubilee and washing away debt, ending the current system, visions of a real free market society

    The article ‘On The Road To The Golden Age’ by Bertil Näslund:… 
    Road To Roota website: 
9 Jan 1988 cover, The Economist: Get Ready for a World Currency by 2018! The Rise of the Phoenix world currency from the ashes of national fiat currencies ie. destruction of fiat currencies via hyperinflation. "Phoenix" is of course an occult metaphor. Out of the destruction, the ashes of the old world order, the Luciferian New World Order will rise like a Phoenix!

9 Jan 1988 cover, The Economist: Get Ready for a World Currency by 2018! The Rise of the Phoenix world currency from the ashes of national fiat currencies ie. destruction of fiat currencies via hyperinflation. “Phoenix” is of course an occult metaphor. Out of the destruction, the ashes of the old world order, the Luciferian New World Order will rise like a Phoenix!


September 14, 2016 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment