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Socio-Economics & History Commentary

Jim Willie: The Gold Standard Is Emerging!

Remember the Golden Rule: "He who has the gold Rules!"

Remember the Golden Rule: “He who has the gold Rules!”

  • Jim Willie: The Gold Standard Is Emerging!
    by http://www.silverdoctors.com/
    Summary
    The Chinese Are Putting in Place a Link Between Oil and Gold.   The Petro-Dollar has almost completely vanished. The Gold Standard is Emerging…

    By Hat Trick Letter Editor Jim Willie, GoldenJackass:
    The Gold Trade Note is gradually coming into view, its form within structured contracts is taking shape as components. the Petro-Dollar has almost completely vanished. The Petro-Yuan is essentially here in its infancy, in rudimentary form. the leap to the Gold Trade Note will be easy, once the pieces are aligned and in place. This new note for usage in secure trade settlement is in the inception process. It will be structured within existing trading vehicles and platforms.

    The Russians and Chinese appear to be forming the basis for the payment vehicle within the oil trade. Consider it as a formal reflection of the Iran-India gold for oil trade.

    Bilateral Oil for RMB Sale + Shanghai Gold Exchange = Gold Trade Note

    This triangle is precisely what China and Russia are doing now.
    Russian oil & gas is being sold for Chinese Yuan, and then Yuan is traded for Gold at the Shanghai Gold Exchange. The trade is not complex at all. Oil for RMB for Gold, creating a transaction payment in gold terms. The part unclear is posted margin to confirm and seal the transaction. The immediate implication is that the Chinese RMB will have a quasi-gold link. The original model used might have been the Iranian oil sales to India, with payment completed using Turkish gold. Such gold for oil trade appears to have been commonly executed from 2006 to 2010, and likely beyond that date.


    The Jackass has been expecting that the Gold Trade Note would be structured in a clever way, using swap contracts in major global commerce. It might be taking form in the triangle cited as the working template. Oil is the biggest commercial trade item. Soon comes the RMB-based contract for crude oil, traded in Shanghai. It will surely cause big waves, a major disruptive event.

    NEW SCHEISS DOLLAR & GOLD TRADE STANDARD
    In time, expect an eventual refusal by Eastern producing nations to accept USTreasury Bills in payment for trade. The United States Govt cannot continue on numerous glaring fronts of gross negligence and major violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time to take steps toward the return of the Gold Standard.


    The New Scheiss Dollar will arrive in order to assure continued import supply to the USEconomy. It will be given a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports.

    The US must accommodate with the New Scheiss Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax). The only apparent alternative is for the United States Govt to lease a large amount of gold bullion (like 10,000 tons) from China in order to properly launch a gold-backed currency. Doing so would open the gates for a generation of commercial colonization, but actual progress in returning capitalism to the United States.


    Any new currency, even with gold backing, would be subjected to a series of devaluations due to the enormous trade deficit. The result would be heavy powerful painful price inflation from the import front. The effect would be to reverse a generation of exported inflation by the United States. The entire USEconomy would go into a downward spiral with higher prices, supply shortages, and social disorder.

    However, the rising prices would come from the currency crisis, and not so much from the hyper monetary inflation. That flood of $trillions has been effectively firewalled off. During the crisis that comes, the gold price will find its true proper value between $5000 and $10,000 per ounce.

    Then later, it goes higher, as it seeks equilibrium in a new world where gold serves as the global arbiter in trade and banking and currencies.

    read more.

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February 18, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

‘The EU Will COLLAPSE’ Le Pen Blasts Germany for Using the Euro as a ‘POLITICAL WEAPON’

http://www.express.co.uk/news/world/767962/marine-le-pen-euro-political-weapon-eu-collapse-germany-france-front-national-merkel

Click on image for article.

February 17, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

‘The European Project Has FAILED’ Trump’s Brussels Envoy Pick Blasts ‘UNDEMOCRATIC’ Bloc

  • ‘The European Project Has FAILED’ Trump’s Brussels Envoy Pick Blasts ‘UNDEMOCRATIC’ Bloc
    by TOM PARFITT, http://www.express.co.uk/
    DONALD Trump’s likely EU ambassador has launched a blistering attack on the “undemocratic” bloc and its “elitist” leaders.

    In comments that will terrify Brussels, Ted Malloch said the EU had become “bloated” by bureaucracy and “anti-Americanism”. And he called for member states to hold their own Brexit-style referendums – which could spark the break-up of the union. It comes after Mr Trump hailed Brexit as a “blessing to the world” and said the UK would be far stronger outside the bloc.

    Mr Malloch, who is the President’s pick to become Washington’s envoy to Brussels, made the comments in The Parliament magazine. He said: “Put the EU to a referendum vote in every member country.  “It is time for greater scepticism and realism about the European Union and its not so hidden agenda and ever closer union.”

    read more.

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February 17, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

Michael Dohrmann’s Summary of Lindsey Williams’ NEW AGENDA DVD

February 17, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

To Stop Trump: Globalists Plan Economic Collapse

  • Published on Feb 15, 2017
    The globalists are desperate, Donald Trump undoing everything they’ve worked for and they’re willing to do anything to stop him.

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February 16, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

William Engdahl: Will Trump Destroy the Euro?

EUrope_collapse1

  • Will Trump Destroy the Euro?
    by William Engdahl, http://www.williamengdahl.com/index.php
    In his first few days in office as President, ‘The Donald’ has fired off so many Executive Orders and aggressive tweets that much of the world is dizzy. One policy that’s clearly emerging from the smoke of immigrant ban attempts, XL Keystone pipeline approvals and bellicose threats against Iran, is the Trump team economic agenda, called by Assistant to the President and Chief Strategist, Steve Bannon, “national economics.” The key targets so far are China and Germany, two nations with the largest trade surplus with the United States. A closer look, however, suggests Washington is preparing to launch what James Rickards, sometimes advisor on capital markets to the US intelligence community, refers to as “currency wars.” Aside from the obvious China target, the second and perhaps more important target is to destroy the Euro and its European Monetary System. Here Germany is at the heart, one reason, perhaps, why Chancellor Merkel seems to have severe gas pains whenever the name Trump is uttered.

    United Anti-Euro Front
    The new US Ambassador-designate to the EU, Ted Malloch, gave an interview with Bloomberg on February 5 where he said that he would bet on the euro collapsing and that he wants to “short the euro.” In the same interview he declared there was a “strong reason” for Grexit—Greece’s exit from the Eurozone. Earlier Malloch compared the EU to the defunct Soviet Union, saying the Union needs “taming.”


    In another interview, Malloch declared that the Euro could collapse in the next 18 months. He told BBC, “I think it is a currency that is not only in demise but has a real problem and could in fact collapse in the coming year, year and a half…The one thing I would do in 2017 is short the euro.” Malloch, it should be noted, is no stranger to EU politics. He currently teaches as Professor in the business school of the University of Reading, England. Malloch has also served on the executive board of the pro-globalization Davos World Economic Forum in Switzerland and was a Senior Fellow of the Aspen Institute think tank. His remarks about the future of the Euro and of the EU itself are well-calculated.

    Furthermore, with 17-year veteran Goldman Sachs partner, Steven Mnuchin, as Treasury Secretary, a person who has stated he has no problem labelling China a currency manipulator, the stage seems set for an all-out US Currency War aimed at destroying the Euro.

    Make no mistake. I am on record since it became clear that the Euro as a supranational currency above nation states of the EU would become reality back in the mid-1990s, that the Euro idea as conceived then was a disaster in the making for Europeans and for the world. It was a construct by a cabal of European patriarchs around Jacques Delors, Giscard d’Estaing and others, to try to create a giant EU rival to the dollar as world reserve currency.

    read more.
http://www.telegraph.co.uk/business/2016/10/16/euro-house-of-cards-to-collapse-warns-ecb-prophet/

Click on image for article.

http://www.express.co.uk/news/politics/721930/Euro-European-Union-collapse-single-currency-Otmar-Issing

Global economic, financial and currency collapse rapidly approaching together with the Satanic WW3. Click on image for article.

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February 16, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

Jim Rogers Reiterates His Call For A Crash Of Epic Proportions

Jim-Rogers-Predicts-Trillion-Dollar-Biblical-Crash-2

  • Jim Rogers Reiterates His Call For A Crash Of Epic Proportions
    by 
    This past May, Rogers had such a dismal outlook that he warned “A $68 trillion ‘Biblical’ collapse is poised to wipe out millions of Americans.” Since then, the Dow has hit record highs above 20,000 and many other fragile bubbles continue to expand.

    And just this week, Jim did a podcast interview with Erik Townsend and Patrick Ceresna on their show called “Macro Voices” in which he was questioned on a variety of topics. He didn’t contradict any of his previous statements, though he certainly had opportunities to do so.

    Most notably, Rogers offered another warning statement; “Get prepared,” he went on “because we’re going to have the worst economic problems in your lifetime and a lot of people are going to disappear.”

    Jim went on to reference the demise of both Bear Stearns and Lehman Brothers which were around for 90 years and over 150 years years respectively. Both despite surviving two World Wars, still disappeared overnight while days before, Jim Cramer, on CNBC, admonished that Bear Stearns was a buy at $62… six days later it was bought out by JP Morgan for $2 a share.

Jim-Rogers-Coming-Economic-Collapse-Could-Destroy-More-than-68-trillion-2

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February 16, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , | Leave a comment

Gerald Celente: Debt Crisis Builds — Buy Gold. Definite Movement to Take Trump Out

  • Gerald Celente: Debt Crisis Builds — Buy Gold. Definite Movement to Take Trump Out
    by Greg Hunter’s USAWatchdog.com 
    Trends forecaster Gerald Celente says the resignation of top security advisor Michael Flynn is further proof there is an ongoing “destabilization campaign” and a “definite movement to take out Trump.” Celente explains, “When Trump came in, one of the first things he said in his campaign is let’s stop this fighting with Russia, they’re not the threat that everyone says they are.  Since he’s been saying that, he’s been attacked.  Let’s go back to Michael Flynn.  Trump and Flynn say the CIA has become too politicized.  A lot of these agencies have been wasting money and giving us bad information.  That was what a lot of Flynn was about.  Let’s not forget that Obama dumped Flynn because those were the things that Flynn was saying that Obama didn’t want to hear.”


    The issues dreamed up to take out Trump have been ongoing since the day Trump won the 2016 election. Celente lists the top three and says, “The first issue was the Russians are coming, the Russians are coming.  The second one was the Electoral College, and you remember the third one?  It was we need a vote recount in Pennsylvania, Michigan and Wisconsin.  That’s all we heard.  The media has been attacking Trump from day one.  They are bringing in the Flynn thing because he was an anti-neocon.  That’s the reason.  The neocons want war.  They want destruction.  They want the military industrial complex to continue to build. . . . I don’t know why Trump is still campaigning.  He should keep his people off the air.  They shouldn’t go on the presstitute networks.”

    Celente says Trump can win by playing his own game. When it comes to his own GOP party, Celente explains, “He didn’t need them.  He doesn’t need them now.  Trump beat Hollywood.  He beat the Katzenbergs, the Spielbergs, the Clooneys and De Niros.  He beat Silicon Valley. . . . What I am saying is Trump can beat and win.  He beat all of them.  He beat Obama.  It wasn’t the Russians that made the election go his way. . . . Play the Trump card.  There are no rules.  That is the lesson.”

    Celente says that Trump is inheriting a U.S. and global economy that is bullish for gold prices. Celente explains, “The debt crisis continues to build.  The people are in an uproar about getting their pensions robbed from them.  There are more taxes on them to give the money to the banks that did the dirty deals.  Look beyond the United States, and we do not give financial advice, gold is the ultimate safe haven asset in a time of economic turmoil and geopolitical instability. . . . Our forecast for gold, and let’s say the price is $1,240 per ounce, the downside is another $100 to $150 per ounce.  It cost more than that to pull it out of the ground.  So, it’s not going to go much lower than that ($1,240) . . . . That’s no downside risk.  Here’s our forecast on the upside.  Gold has to break above $1,400 per ounce and solidify over that price, somewhere in the $1,440 to 1,480 range. Once it solidifies in that range, we are saying it’s going to spike to over $2,000 per ounce.  That’s our forecast, and we have been saying that for the better part of a year and a half.”

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February 16, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

‘The Euro May ALREADY Be Lost’: Economists Predict DOOMSDAY for European Union’s Currency

euro_collapse_fire_eu

  • ‘The Euro May ALREADY Be Lost’: Economists Predict DOOMSDAY for European Union’s Currency
    by ZOIE O’BRIEN, http://www.express.co.uk/
    REPEATED failings in the eurozone may have already signed the death warrant of the single currency despite Europe’s continued attempts to centralise the euro, an economic think tank has warned.

    European Union nations are plummeting further into debt, amid angry protests and calls for reform, but the Union continues to push for the joint monetary union. Now, economists have suggested it is already too late to save the failing monetary union – which will “almost surely fail”.

    Tuomas Malinen, CEO of GnS Economics, said: “Living standards in Italy and Greece are below the levels when they joined the euro. “Finland is the only Nordic country using the euro and it is also the only Nordic country which has not yet recovered from the financial crash of 2008. “There have been many proposals on how to fix the euro and the EMU, but they are politically unpopular and unrealistic.”

    Economists Mr Malinen, Dr Heikki Koskenkylä and Dr Peter Nyberg co-wrote the report ‘The Euro May Already Be Lost’, which has suggested there are solutions, but they are extreme.

    Eighteen years after the introduction of the euro, the economists argue it simply cannot work without major change. Experts explained one of the main issues as “different growth paths” for member states. As different countries develop at different speeds, the gap between success and failure widens and chances of financial support lessen.

    If this occurs during an economic boom, “strengthening aggregate demand supports ailing fields of production” – meaning crashes can be avoided. But this is not the case in 2017 Europe.

    read more.
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!

http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html

Click on image for article.

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February 15, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

Big Brother is Watching You: Jim Rogers Prophesizes Death of Cash & Total Govt Control of Spending. ‘666’ is Coming Rapidly!

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.

  • Erik Townsend welcomes Jim Rogers back to MacroVoices. Erik and Jim discuss:
    by https://www.macrovoices.com/index.php
    * What’s in store for the U.S. Equity Markets?
    * Outlook on the U.S. Dollar
    * Is the 35-year bond bull market over?
    * Where are junk bonds going?
    * History of government failures
    * His views on the global populist movements
    * Is there war on the horizon?
    * Are the Russian’s being scapegoated?
    * Update on his views on gold
    * His views on movement to cashless society
    * Are we moving away from a free society?
http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

Click on image for article.

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February 15, 2017 Posted by | Economics, EndTimes, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , | 1 Comment

America’s Biggest Creditors Dump Treasuries in Warning to Trump

  • America’s Biggest Creditors Dump Treasuries in Warning to Trump
    by Brian Chappatta, http://www.bloomberg.com/
    * Japanese investors cull U.S. government debt by most since ’13
    * Currency-hedged returns were worst on record last quarter

    In the age of Trump, America’s biggest foreign creditors are suddenly having second thoughts about financing the U.S. government. In Japan, the largest holder of Treasuries, investors culled their stakes in December by the most in almost four years, the Ministry of Finance’s most recent figures show. What’s striking is the selling has persisted at a time when going abroad has rarely been so attractive. And it’s not just the Japanese. Across the world, foreigners are pulling back from U.S. debt like never before.

    From Tokyo to Beijing and London, the consensus is clear: few overseas investors want to step into the $13.9 trillion U.S. Treasury market right now. Whether it’s the prospect of bigger deficits and more inflation under President Donald Trump or higher interest rates from the Federal Reserve, the world’s safest debt market seems less of a sure thing — particularly after the upswing in yields since November. And then there is Trump’s penchant for saber rattling, which has made staying home that much easier.

    read more.

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February 14, 2017 Posted by | Economics | , , , , , , , , , | Leave a comment

‘Le Pen Will KILL The EU’ French Presidential Frontrunner Fears Rival Will DESTROY Bloc

http://www.express.co.uk/news/world/766894/Emmanuel-Macron-fears-Marine-Le-Pen-will-kill-European-Union-France-president-election

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http://www.voxeurop.eu/en/content/news-brief/2211991-10-countries-united-states-europe

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http://www.b92.net/eng/news/world.php?yyyy=2012&mm=06&dd=20&nav_id=80854

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http://www.theguardian.com/world/2014/feb/17/eurozone-countries-united-states-europe-viviane-reding

Only 10 countries out of the 18 will form the “United States of Europe”. This is the endtimes 10 Horn Beast empire. Click on image for article.

http://www.express.co.uk/news/politics/711387/European-Union-Juncker-plan-economy-army-Brussels-led-superstate

Click on image for article.

February 14, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

EURO HUMILIATION: Germany ‘Freaked Out’ as Greece ‘Could Ditch EU Currency for US DOLLAR’

Euro-on-fire

  • EURO HUMILIATION: Germany ‘Freaked Out’ as Greece ‘Could Ditch EU Currency for US DOLLAR’
    by NICK GUTTERIDGE IN BRUSSELS
    GREECE could be poised to humiliate Brussels by ditching the euro and instead choosing to be tied to the US dollar, Donald Trump’s reported pick as EU ambassador has sensationally claimed.


    Professor Ted Malloch revealed that senior Greek economists have enquired about the possibility of adopting the greenback if the country crashes out of the single currency. He asserted that Athens is so desperate it is prepared to tie itself to the dollar on the same terms as the likes of Puerto Rico if it means being able to quit the eurozone.

    And Prof Malloch said German leaders including Angela Merkel were “freaked out” at the humiliating possibility of losing Greece to a rival currency, which would be a devastating blow to the EU project. Tying Greece temporarily to the US dollar would be one way for the authorities in Athens to ensure that its currency does not completely tank if it leaves the eurozone, as would likely occur with a reissued drachma.

    read more.

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February 14, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

FedRes Insider: We Have Been Put On Notice, The Debt Is Unsustainable: Danielle DiMartino Booth

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Charles_Lindberg_on_FedRes

Louis_McFadden_1929_Stock_Market_Crash_International_Bankers

http://www.wnd.com/2008/03/59405/

Click on image for article.

Who owns the world reserve currency, the dollar, the global monetary hegemony? Look at the Satanic capstone on your dollar bill. The Luciferian New World Order will be complete with the arrival of the Satanic capstone: the Anti-Christ, fake messiah, bringer of false peace, the white horseman of Revelation 6!

Who owns the world reserve currency, the dollar, the global monetary hegemony? Look at the Satanic capstone on your dollar bill. The Luciferian New World Order will be complete with the arrival of the Satanic capstone: the Anti-Christ, fake messiah, bringer of false peace, the white horseman of Revelation 6!

From: Vintage 'Trees' music video. All humanity forming a pyramid worshipping, welcoming the Satanic capstone! The Anti-Christ, the bringer of false peace, the white horseman of Revelation 6 ! The completion of the New World Order project, in a world wrecked by global wars, collapse and chaos!

From: Vintage ‘Trees’ music video. All humanity forming a pyramid worshipping, welcoming the Satanic capstone! The Anti-Christ, the bringer of false peace, the white horseman of Revelation 6 ! The completion of the New World Order project, in a world wrecked by global wars, collapse and chaos!

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February 14, 2017 Posted by | Economics | , , , , , , , , , , , | Leave a comment

French Election Could See Euro Break Up – New Global Crisis

http://www.express.co.uk/news/world/764490/marine-le-pen-euro-break-up-eurozone-national-currencies-french-franc-bernard-monot

Click on image for article.

  • French Election Could See Euro Break Up – New Global Crisis
    by Mark O’Byrne, http://www.goldcore.com/us/
    David McWilliams, economist, writer and journalist, has warned that the coming French election may lead to the euro breaking up and that Ireland should have a ‘plan B’ and ‘print punts’ in order to be ready for the collapse of the “single currency.”


    David McWilliams at Ireland’s Banking Inquiry
    McWilliams writes:

    This time last year, only a few of us were suggesting that Brexit was likely. The mainstream view was that it couldn’t possibly happen. But it did. And so too did Trump. When this column argued in June that “we should prepare for President Trump”, one or two local talk shows chuckled and sneered at the mere suggestion that such a creature could inhabit the White House. But he is there.

    In December, the Italian electorate revolted against its government – again the view of ‘sensible’ people was that bolshie Italians would see reason. But they didn’t.

    The next stop on this political whirlwind will be the Netherlands next month; and the big one, of course, is France. In less than 70 days, France goes to the polls and only an idiot would rule out Marine Le Pen’s chances.

    It was the great French romantic poet and novelist Victor Hugo who declared:

    “You can resist an invading army; you cannot resist an idea whose time has come.”

    Do you get the feeling that we are living through epochal change, where one great idea is about to be replaced by another? Are we experiencing the irresistible force of an idea whose time has come?

    The first thing to happen in the case of a Le Pen victory is that money will flood out of all non-German members of the euro. Italy will face a massive bond crisis, presaging default fears. Greece will be gone. Spain and Portugal will experience similar bond crises, and so too will Ireland.

    read more.

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February 14, 2017 Posted by | Economics, GeoPolitics | , , , , , , , | Leave a comment