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Jim Willie: Criss-Crossed Fuses And Lit Bonfire

dynamite-fuse-burning

  • Criss-Crossed Fuses And Lit Bonfire
    by Jim Willie, http://www.goldenjackass.com/ ,  via http://www.goldseek.com/
    Many are the potential fuses to be lit, which would create the conflagration, the massive bonfire of the bond vanities and bank charades. Many are the fuses lying around, all criss-crossed, all exposed, all overlapping each other in highly dangerous manner. If any single fuse is lit, then several will light and the detonation arrives. It is unavoidable since the financial world is so deeply interwoven. Never in modern history has the global financial structure been so badly weakened, so totally corrupted, so thoroughly undermined by control mechanisms, so intensely defended by sanctions even war. In 2007 and early 2008, the Jackass warned of a mortgage bust that would alter the global system forever. It happened with far reaching consequences which endure to this day. In recent months the Jackass is warning of a Systemic Lehman event, where several major national systems are at heightened risk of a similar bust like what happened in September 2008. Except this time, the entire global financial system will erupt like a debt volcano, with several epicenters, all located in the West. The big Western banks are all lashed together, all tied to each other. The banker cabal believed that the interconnectivity within their bank structures would make them all immune to failure risk. The reality is that the failure of any one major bank guarantees the systemic breakdown of all of them. It will erupt like a cave-in of the flying buttresses at the Notre Dame in Paris, with numerous bank (churches) collapsing, all located in the West.

    FINAL SOLUTION
    When the collapse occurs, the solution will finally be discussed, the solution avoided for eight full years. THE GOLD STANDARD WILL BE INSTALLED. It will first arrive in the trade payment system. Then it will arrive in the banking reserves system. Lastly it will be seen in the gold backed currencies. The paper game has gone on since 2008 in grand style and unspeakable corruption.


    This article attempts to list many threats to a systemic breakdown from ignition of several megatons of TNT dynamite. The financial press has often mentioned derivatives as capable of inflicting damage and devastation like with nuclear explosions. The systemic breakdown is due to occur soon, actually way overdue to occur. The prevention has been a massive global project run by the major central banks in coordination with a few ministries of finance. The primary control center is the USDept Treasury and their Exchange Stabilization Fund. This truly gigantic multi-$trillion fund is a very well-kept secret. Its recent activity has been to permit the USTreasury Bond yield to rise, but without pushing down the sacred USDollar. Not much mention has come from the sleepy lapdog financial press on this unusual anomaly. The motive is to keep the Japanese happy, since they are the last holdout among the $1 trillion USGovt debt holders. The Chinese are dumping USTBonds, but the United States cannot afford for Japan to dump USTBonds at the same time.

    read more.

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November 29, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Relentless Dollar Surge Continues: Asian Currencies Plunge To 7 Year Lows, Hitting Emerging Markets

dollar_surge_usdx-23nov2016

  • Relentless Dollar Surge Continues: Asian Currencies Plunge To 7 Year Lows, Hitting Emerging Markets
    by Tyler Durden, http://www.zerohedge.com 
    While most global equity markets were subdued due to the US Thaksgiving holiday, the FX world was very busy overnight, marked by the relentless dollar surge on expectations of a rate hike not only in December but further in 2017, sending Asian currencies to the weakest level in 7 years: the Bloomberg-JPMorgan Asia Dollar Index reached 103.32, the lowest level since March 2009.

    The regional FX plunge will likely deter regional central banks from easing monetary policies as the prospects of higher U.S. rates spurred capital outflows according to Toru Nishihama, an emerging-market economist at Dai-ichi Life Research Institute who added that depreciating currencies are making it very hard for central banks to ease on concerns about inflationary pressure and acceleration of fund outflows.

    read more.

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November 25, 2016 Posted by | Economics | , , , | Comments Off on Relentless Dollar Surge Continues: Asian Currencies Plunge To 7 Year Lows, Hitting Emerging Markets

We Need A Reset & A Debt Jubilee, The Economic Outcome Will Be Devasting: Jeff Nielson

November 24, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on We Need A Reset & A Debt Jubilee, The Economic Outcome Will Be Devasting: Jeff Nielson

James Rickards: The Road to Ruin — The Global Elites’ Secret Plan For The Next Financial Crisis

  • Wake Up with Steve Curtis – 22 Nov 2016 
    Steve’s guest is James Rickards; author of “The Road to Ruin – The Global Elites’ Secret Plan For The Next Financial Crisis”. The global economy has made what seems like an incredible comeback after the financial crisis of 2008. Yet this comeback is ARTIFICIAL – that’s according to New York Times bestselling author JAMES RICKARDS.

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November 24, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on James Rickards: The Road to Ruin — The Global Elites’ Secret Plan For The Next Financial Crisis

Double Up On Your Prepping, The Collapse Is Most Likely Going To Occur In 2017: James Wesley Rawles

November 21, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Double Up On Your Prepping, The Collapse Is Most Likely Going To Occur In 2017: James Wesley Rawles

Trump Can’t Stop Dollar Collapse | Craig Hemke

November 18, 2016 Posted by | Economics | , , , , , , , , , , , , , , , , , | Comments Off on Trump Can’t Stop Dollar Collapse | Craig Hemke

Clif High: Federal Reserve & Clintons Doomed. DOW & Gold $125,000 — Hyperinflation Coming

  • Clif High: Federal Reserve & Clintons Doomed. DOW & Gold $125,000 — Hyperinflation Coming
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Internet data mining expert Clif High predicted that “Trump would win” the election and that Hillary Clinton would go “missing” after the election. Sure enough, Hillary was missing the night of her defeat.  What does that mean?  High thinks, “That there was a breakdown among a very delicate relationship among a lot of powerful parties that failed to deliver as promised.  The plan didn’t work.  So, now there is no real plan “B.”  There never could be under the circumstances.  We are in a situation where there can’t be a plan “B” for the Federal Reserve, for example.  They (FED) have to go on a certain path, they’re doomed.  That is true of the criminal organization we call CGI (Clinton Global Initiative).  Any criminal gang, no matter where it is in the social order, progresses along a certain path, runs into opposition and dies.  It always happens, and it always will.”

    So, does Clif High think Hillary Clinton is in jeopardy? High answers, “I certainly do.”  High’s data mining also shows that “Clinton minions are worried . . .  all I get in the data is all these people have fear and worry.”

    On the financial front, High contends we will have inflation and deflation at the same time. And High says interest rates are headed up and will continue to rise.  High explains, “My definition is deflation, but maybe we should define it as debt destruction and inflation.  The powers that be and the Federal Reserve in the data sets that I have are showing that they are really worried and start to get worried by the 12th of December, and it breaks out into the public in early January.  They are worried about the destruction of all of this debt by dollars pouring back into the U.S.  The debt is actually being paid off by all this money coming back into the U.S.  It’s not an actual increase of actual cash.  It is a destruction of all the derivatives . . . It is debt destruction for sure. . . . Also, a component of the hyperinflation is they can’t destroy all the repatriated dollars (flowing back in) fast enough.  So, some of those do show up in the supply chain of the digital cost we have to deal with. . . .So, as this deflation starts, the hyperinflation is already going to be ongoing.”  In short, High says your home will go down in value while you are paying much more for supplies to live in it.

    On gold and silver, High says never mind the recent price drop. High says, “They’re real money, always have been, and you are going to need it. . . . How can it be silly to hold real money? Americans are going to have to face up to the fact that we have been deluded by a propaganda press that was attempting to sow a particular viewpoint around the world.  We tried to conquer the world with dollars and the threat of bullets . . . . Our dollars were accepted all around the world, and people gave us real stuff for those green pieces of paper.  They’re not going to do that anymore.  So, if you want that coconut from Malaysia . . . you are going to have to pay something that has value.  Those little green pieces of paper will not after a short period of time.  They are going to have value inside the country for a while, but outside the country, people are going to say I want gold or silver or oil.  I want to see something of value.”

    High can’t name a price for gold and silver, but his “predictive linguistics” says, “At some point in 2017, probably past mid-year, we’re going to be looking at hyperinflation so bad that the DOW will be measured around $100,000 to $125,000. Meaning, the dollar will be so worthless that it will take $125,000 to buy the little basket that is the DOW.  I also have language that says an ounce of gold will be approaching the DOW in terms of value.  This is not ludicrous.  In the last depression in 1933 and 1934, after the shutting of the banks . . . we had a point where gold and the DOW were the same, and gold dominated the DOW for decades.”

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November 14, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | 1 Comment

Roger Stone Reports From Trump Tower: Assassination, Economic Collapse And Tax Cuts

November 12, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , | Comments Off on Roger Stone Reports From Trump Tower: Assassination, Economic Collapse And Tax Cuts

Jim Willie: Trump Victory, The Economy And Gold

POTUS

  • Jim Willie: Trump Victory, The Economy And Gold
    by http://www.goldenjackass.com/, via http://www.goldseek.com/  
    The Trump victory was expected by the jackass, but to be honest, it took my breath away with a certain dash of surprise. At an hour past 2am, I could not break away from the TV set, wanting to see the final result. I actually covered my eyes and had empty tears with joy. The US nation can now move past the NeoCon era, the warmonger era, the bank fraud era, the economic gutting era whereby the NeoCon nazis almost completely destroyed their host. Many key figures among the elite will find themselves being hunted, not just by the law enforcement, but by hidden entities with intentions to clean the planet of this deeply corrupted human vermin. Trump as president will have an enormous daunting task to rebuild the national economy, which has been systematically wrecked by the BushJr Admin and the Obama Admin. For those still too dim mentally to perceive, the NeoCons cut across political parties, joining the Bush Team, the Clinton Team, and the Obama Team with narcotics and globalization their common cord. That cord will be cut.

    The next big shock to hit the United States will be a positive thrust from the end of military threatened conflict with respect to Russia, and even to China. With Russia the detente will involve a measured end to sanctions and a possible dismantle of NATO, whereby the Gazprom pipeline might be agreed upon with some special provisions that benefit the poorer European states. With relaxed tensions on the Chinese front, look instead to new escalation to trade war between the US and China. Trump has promised to reverse tax breaks for US-based multinational corporations that outsourced labor to the Asian front, only to have their output imported into the US. Expect some thorny negotiations, and some compromise, along with a truly massive reconstruction of the USEconomy with thousands of new little companies being formed, even with free trade zones.

    The other shock will be negative to hit the United States. The global rejection of the USDollar will become put under stronger light very soon. The several non-USD platforms have greatly accelerated their volumes, something not well publicized within the US financial press. Trump will work constructively on this matter, but he might actually be a little on the defensive, since he knows well the gravity of the situation. The USDollar will soon lose its global currency reserve status, and with it comes the manifested necessity of the domestic USDollar. The Jackass has called this the New Scheiss Dollar. It has numerous east coast warehouses full of the so-called rainbow dollar. Given the $550 billion annual trade deficit, any new dollar must be devalued. My firm belief is that it will be subject to a 30% devaluation immediately, and another 30% devaluation within its first year after inception. Given the extreme difficulty and challenge to reduce the trade deficit, expect a series of further 10% devaluations in the future even after new companies are formed with a national emergency mission to export in greater volume in order to reduce the deficit. The Gold price will be released during these nasty developmental phases. Expect the COMEX and LBMA to be shut down on their paper gold operations.

    The Gold price will rise during this entire period of transition. The uncertainty will initially drive it higher. Later, the extreme challenges behind the new dollar and its steep devaluation schedule will drive the price higher. Meanwhile the transition from a fascist state to a capitalist state will see numerous elite figures and established institutions put under legal scrutiny. Some will be jailed, while some institutions will be reformed or vanish. The Gold price will respond to the legal strains on these former power centers. Trump knows what a fair sound currency means, since a smart man. He will eventually embrace the Gold Standard as a plank toward USEconomic Reconstruction. Many are the missing details however. Under his administration, the Gold price might find its true value, but only during a horrendous chapter for the USEconomy in its transition. It must pass through the Third World gates, at least for a year or two, maybe more.

    read more.

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November 12, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , | Comments Off on Jim Willie: Trump Victory, The Economy And Gold

Clif High: Huge Crisis Headed Our Way, Credit Freeze, Bank Runs & Riots

November 12, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Comments Off on Clif High: Huge Crisis Headed Our Way, Credit Freeze, Bank Runs & Riots

Inevitable Economic Collapse | Max Porterfield

November 10, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Comments Off on Inevitable Economic Collapse | Max Porterfield

The Petro Dollar Is Dead, Dollar Devaluation, Pensions Lost, World Currency: James Rickards

November 7, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , | Comments Off on The Petro Dollar Is Dead, Dollar Devaluation, Pensions Lost, World Currency: James Rickards

Jim Rickards: The Global Elites’ Secret Plan for the Next Financial Crisis

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

Click on image for article.

November 5, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , | Comments Off on Jim Rickards: The Global Elites’ Secret Plan for the Next Financial Crisis

Jim Rickards: SDR (Inflation) Use Will Go Exponential After Next Financial Crisis

  • Published on Nov 1, 2016
    Jason Burack of Wall St for Main St interviewed returning guest, best selling author, James Rickards http://www.jamesrickardsproject.com/.  Jim’s past best selling books include:


    1) Currency Wars https://www.amazon.com/Currency-Wars-… 
    2) The Death of Money https://www.amazon.com/Death-Money-Co… 
    3) The New Case for Gold https://www.amazon.com/New-Case-Gold-… 

    James’ full bio available here: http://www.jamesrickardsproject.com/a… 
    Jim is back on for an interview to discuss his new book, The Road to Ruin: The Global Elites’ Secret Plan For The Next Financial Crisis https://www.amazon.com/Road-Ruin-Glob… 

    During this 25+ minute interview, Jason starts off the interview by asking Jim about what happens to markets and the real economy if Donald Trump wins the 2016 Presidential Election coming up on November 8th? James talks about how Donald Trump will most likely end up using Larry Summers’ $2 trillion infrastructure plan to create jobs and how that will most likely continue to add to the US’ debt problems.

    Jim talks about how the elites are setting up the SDR and will grow the SDR exponentially in size after the next financial crisis to create a lot more inflation. Next, Jason asks Jim if large currency swaps are part of the plan along with the massive increases in SDR usage to prop up asset prices with inflation?

    Jim talks about the importance of owning at least some gold and how high gold could go? Jim expects gold to ultimately end up as part of the global financial system to restore confidence.

    To wrap up the interview, Jason asks Jim what’s the endgame goal for the elites? Is it to start WWIII? Is it to make the middle class poor and create a large class of serfs?

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November 3, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Comments Off on Jim Rickards: SDR (Inflation) Use Will Go Exponential After Next Financial Crisis

Jim Willie On Banking System COLLAPSE: Here’s What Comes NEXT…

  • Published on Nov 2, 2016
    This is part 2, start with part 1:


    https://www.youtube.com/watch?v=ROv9Q… 

    The western banking system is broken. With U.S. treasuries selling off, the banking system will be caught on the wrong side of the trade when it comes to derivatives on interest rate swaps. As the U.S. banks collapse, get ready for foreign banks to take their place. This and much more with this viewers’ questions edition with the one and only Dr. Jim Willie!

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November 3, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Jim Willie On Banking System COLLAPSE: Here’s What Comes NEXT…