Socio-Economics History Blog

Socio-Economics & History Commentary

The Move To Remove The Central Bank And Reset The Economic System Is A Go

  • X22Report Published on Apr 2, 2018
    Subprime auto market has run its course, the traffic to the dealerships is now drying up. Homeowners are tapping their equity in their home refis, we are now seeing the same pattern as we saw back in 2008. The first quarter of this year was a disaster, the US had to borrow an extreme amount just to make the economy look half decent. Wyoming is in the process of passing a law that will allow gold to be counted as money, the same goes for cryptocurrency. There is now a bill in government that the dollar should be pegged to gold.

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April 3, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Leave a comment

CURRENCY WAR: China Will Pay For Oil in Yuan in 2018! DEVASTATING BLOW To the Petrodollar!

April 2, 2018 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

On Contact: The Coming Collapse of the American Economic System with Richard Wolff

April 2, 2018 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Rob Kirby: Global Financial Reset, Hyperinflation, Gold & Silver Will Rise Like BitCoin…

  • Rob Kirby: Global Financial Reset, Hyperinflation, Gold & Silver Will Rise Like BitCoin…
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)  
    Forensic macroeconomic analyst Rob Kirby says big money knows “gold supplies are tight” and getting tighter by the day.  Kirby, who also arranges gold sales by the ton on a global scale, explains, “There are reports of people trying to buy institutional amounts of physical gold bullion in the Asian market, and there is none available even if they are paying a premium.  I’m not talking about availability at the coin shop where you would buy two American Gold Eagles or a Gold Panda.  I am talking about institutions wanting to buy serious amounts of physical gold bullion in bar form.”


    Kirby says the global financial system is packed with unpayable debt, and the insiders know many might wake up someday to find they are living in their very own Mad Max movie. Kirby says, “If the financial world is turned on its head, we could very likely see some social unrest.  Things could get very, very unpalatable, and we could see a complete breakdown. . . . This leads naturally to the question if the system is this precarious, why hasn’t anybody with a whole lot of money done anything to tip it over?  The reason is that virtually nobody benefits from a situation where anarchy happens, and there aren’t many people who want to be the person that pulls the pin on the grenade.”

    How long can this go on for? Kirby says, “Not much longer because the amounts and volumes of delivering physical gold are growing with time at a geometric rate.  The demand for physical is growing too fast for the paper to be able to justify the false price discovery.  There are fraudulently concocted prices of precious metals on the COMEX exchange . . . to keep these fraudulent prices on metal believable, COMEX has had to give up at least some metal to make their fraudulent price believable.  At some point, this whole system is going to be exposed for the massive fraud that it has been for a very long time. . . .  What does this mean to the average guy in the street?  We could see physical gold and silver prices go Bitcoin.  We could see the price of silver go up 5, 10, 20 or 30 times just like Bitcoin did in a very short space of time.  I feel this is ultimately what is in store for precious metals prices.”

    read more.

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April 2, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Jim Willie: There’s 30,000 Tons Of Gold Under The Kremlin (And The Russian Silver Rouble Is Real)

Click on image to download MP3 interview.

  • Jim Willie: There’s 30,000 Tons Of Gold Under The Kremlin (And The Russian Silver Rouble Is Real)
    by https://www.silverdoctors.com/
    Jim says the 30,000 tons of gold are spread out in 18 rooms, and the Silver Rouble will launch with some unanticipated surprises. Here’s more…

    Jim Willie interviewed by Craig Hemke on TF Metals Report 
    For your holiday weekend listening pleasure, here’s 75 minutes of fresh Jackass, recorded yesterday in our A2A webinar format. Among the items discussed over the course of the event:

    * the long-term significance of yuan-denominated crude oil futures
    * Fed policy and long-term interest rates
    * the US trade deficit and its impact
    * the possibility/likelihood of a Russian “silver ruble”
    * what impact de-dollarization may have upon US expats living abroad
    * the definition of the term “global reset”
    * and much, much more!

    Thanks again to The Jackass for volunteering his time and sharing his wisdom.

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March 31, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

Will China’s Petro-Yuan Dethrone the Petro-Dollar as King of the Hill?

  • TruNews Published on Mar 27, 2018
    Today we discuss the significance of China’s newly unveiled petro-yuan and how it will be used to create an alternate global financial system, not controlled by the western elite. Later, we share a report about an inspirational speech given by Evangelist Nick Vujicic, regarding how Christians can grow God’s Kingdom during the looming technology revolution.

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March 31, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

Lynette Zang: “Survive the Reset & Antichrist Sophisticated Socialist Bartering System”

  • TradCatKnight Published on Mar 27, 2018
    TradCatKight Radio, Lynette Zang “Survive the Reset & Antichrist Sophisticated Socialist Bartering System” Talk given 3-27-18 (aprx. 1hour)

    Special guest Lynette Zang joins me to discuss: latest push for cashless society, is the economic reset a certainty for 2018? looming signs of war, Fatima, false flags, being prudent in your “survive the reset” portfolio, attack on the US Dollar, the petro yuan, the U.N. will tell the nations how to “share” (Socialism), latest Trump moves, tax cuts, tariffs, retail store closures, customer confidence down, the resest of gold that know one is talking about and MUCH more!

    Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. She has been in the markets on some level since 1964 as a banker, a stock broker and while studying world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future. Her motto is food, water, energy, security, community, barter ability, and wealth preservation. Her goal is to translate financial noise into understandable language.

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March 31, 2018 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Global Community Is Unhappy With The Current Monetary System, Change Is Coming: Claudio Grass

March 31, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

How Gold and Silver Perform During an Official Reset. Thank You Venezuela!

  • ITM Trading Streamed live 12 hours ago
    Links to today’s Slides and Links: https://www.itmtrading.com/blog/debun…

    Stock market volatility is back in a very big way, with intraday price swings leaving many market participants fearful and seeking a safe haven in the market storm. Investopedia says “A safe haven is an investment that is expected to retain or increase in value during times of market turbulence. Safe havens are sought by investors to limit their exposure to losses in the event of market downturns.” Of course, wall street wants main street to follow where they lead, but I believe in educated choices. So let’s examine what wall street wants us to think of as safe haven and what really is safe haven.

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March 30, 2018 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Petro-Yuan, Dollar Collapse, Gold …

  • INTERVIEW WITH V-GUERRILLA ON ROGUE MONEY
    by http://goldenjackass.com/main5.html

    March 28th: topics included the new Petro-Yuan contract out of Shanghai with implications toward the undermine of the King Dollar and the spread of the Gold Standard, the attacks on the Petro-Dollar with Saudi involvement (Chinese oil sales in RMB terms) in working away from the USDollar in monopoly status, the introduction of the Gold Trade Note built atop the Shanghai Gold-Oil contract, the eclipse of OPEC (dead cartel) by the Russian Rosneft Oil Consortium to sustain non-USD oil sales, the trade war waged by the USGovt with the principal victim being the USEconomy in backfire, the emergence of the Dual Universe in the USD Sphere versus the RMB Sphere, the pivot countries with Saudi Arabia and Germany turning Eastward, the wondrous feature of dumping USTreasury Bonds in building the gigantic Eurasian Trade Zone for its infra-structure.

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March 29, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

Petro-Yuan Helps Russia & China Dump US Dollar in Oil Trade

  • Petro-Yuan Helps Russia & China Dump US Dollar in Oil Trade
    by https://www.rt.com/
    China is the world’s biggest crude consumer and buys most of its oil from Russia. However, most settlements are still in US dollars. The launch of the petro-yuan now allows Moscow and Beijing to use national currencies instead.

    China and Russia are actively reducing dependence on the dollar in bilateral trade. In October 2017, Beijing launched a payment system for transactions in yuan and Russian rubles. This means that settlements for Russian oil deliveries to China, which have reached 60 million tons per year, can be done without using the dollar.

    After Monday’s launch of the yuan-backed oil futures in Shanghai, there have been negotiation between Russia and China on mutual promotion of oil futures in national currencies, RIA Novosti reported. In 2016, the St. Petersburg exchange in Russia launched Urals oil futures in the Russian ruble, and support from China could prop up Russian crude futures.

    China’s new oil benchmark had a hugely successful debut. On the first day of trading in Shanghai, 62,500 contracts with more than 62 million barrels of crude traded for a notional value of nearly 27 billion yuan ($4 billion), Zerohedge reported. Glencore, Trafigura, Freepoint Commodities and other huge oil-trading corporations took part.

    Russia held its position as China’s largest crude oil supplier in February. Russia supplied 5.052 million tons, or 1.32 million barrels per day (bpd) last month, up 17.8 percent from a year earlier, according to Reuters, quoting the Chinese General Administration of Customs.

    The increase in volume happened as a result of a second Sino-Russian oil pipeline, which began operations on January 1. It doubled China’s capacity to pump oil from the East Siberia-Pacific Ocean (ESPO) system. ESPO connects Russia and China with a direct pipeline.

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March 28, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

Willem Middelkoop: The Big Reset Is Coming with Gold Going to $5,000

  • Palisade Radio Published on Mar 24, 2018
    Willem discusses how the Bretton Woods system created our current financial system and how that system is nearing its end. Many countries around the world like China are preparing for a new world monetary system. Precious metals futures markets have a lot of paper manipulation occurring. Both China and the United States have a vested interest in low gold prices. The Chinese like low prices because they are accumulating and the U.S. Government prefers it because it makes the dollar look acceptable.

    At some point, gold will be revalued, so it’s a good idea to have some of your investments in gold equities as historically they do very well during a monetary reset. He feels that gold could quickly move north of 2000 dollars towards 5000. We could expect something like the 1970-1975 where the gold price jumped, and we saw a similar price move in the early 2000’s. Two parts of the mining cycle are of particular interest to Willem. The first is when an initial discovery is made by a small exploration company. Then there is also the development stage company when it begins production and gets cash-flow. His fund likes to find companies that are likely to be acquired by major companies.

    While they have around 100 positions in their fund, they only have 40 or 50 companies where they put serious money. He says, “You need to spread your risk.” They expect shortages to develop in silver, palladium, and zinc over the next few years. He discusses some of their various holdings in energy and mining companies.

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March 27, 2018 Posted by | Economics | , , , , , , , , , , , | Leave a comment

There Was A Major Reset Of Gold, But Nobody Is Talking About It: Lynette Zang

March 24, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Lynette Zang: Political Elites Still Want Cashless Society & Negative Interest Rates?

  • WallStForMainSt Published on Mar 22, 2018
    Jason Burack of Wall St for Main St interviewed returning guest, Chief Market Strategist at ITM Trading https://www.itmtrading.com/ and former stock broker and currency analyst on Wall St, Lynette Zang.

    During this 50+ minute interview, Jason asks Lynette about a number of topics including:

    1) Why despite Fed rate hikes the last 12 months and massive QE from the ECB and BOJ the US Dollar is sputtering?
    2) Is the bond bull market over?
    3) Why do so many Americans favor crypto currencies to precious metals now?
    4) Will China’s credit bubble pop before other credit bubbles and asset bubbles burst? Lynette thinks that despite Fed rate hikes, that the political elites in the US and Europe still want to implement negative interest rates and a cashless society (using block chain technology and some type of crypto currency) on the regular people on Main St, USA. Do you agree?
http://www.bloomberg.com/news/articles/2016-05-02/inside-the-secret-meeting-where-wall-street-tested-digital-cash

Click on image for article.

http://www.infowars.com/top-libertarian-warns-of-martial-law-cashless-society-2/

Click on image for article.

http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

Click on image for article.

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March 24, 2018 Posted by | Economics, EndTimes, Social Trends | , , , , , , , , , , , , , , | Leave a comment

The Fiat System Will Collpase Under This Incredible Power Called The Truth : David Morgan

March 22, 2018 Posted by | Economics | , , , , , , , , , , , , | Leave a comment