Socio-Economics History Blog

Socio-Economics & History Commentary

Jim Rickards: The Fed’s “Nuclear Option”: $4,900 Gold, $100 Silver, $200 Oil

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

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

  • The Fed’s “Nuclear Option”: $4,900 Gold, $100 Silver, $200 Oil
    by Chris Campbell, Jan 17, 2017, https://lfb.org/
    “The final weapon in the Fed’s arsenal,” Jim Rickards, author of The Road to Ruin: The Global Elites’ Secret Plan For the Next Financial Crisis, wrote this week, “is the financial equivalent of nuclear war.”

    The Fed’s “nuclear option,” Rickards warns, is… wait for it… gold.

    We bring this up today because this nuclear option could have a yuge (sometimes spelled “yooge”) impact on the price of not only the midas metal (see below), but of silver ($100) and oil ($200), too. And we want you to have plenty of time to ready yourself.
    ….
    7 Federal Reserve Tools and Why They’re All Flawed
    Jim Rickards
    In recent decades, the Fed has engaged in a series of policy interventions and market manipulations that have paradoxically left it more powerful even as those interventions left a trail of crashes, collapses and calamities.

    The following is a survey of seven Federal Reserve tools in the Fed toolkit to stimulate the economy if recession or deflation gains the upper hand and why their toolkit is flawed.

    Helicopter Money
    The image of the Fed printing paper money, and dumping it from helicopters to consumers waiting below who scoop it up and start spending is a popular, but not very informative way to describe helicopter money. In reality, helicopter money is the coordination of fiscal policy and monetary policy in a way designed to provide stimulus to a weak economy and to fight deflation.

    The Nuclear Option — Gold
    The final weapon in the Fed’s arsenal is the financial equivalent of nuclear war. The Fed could instantly create inflation and achieve nominal if not real growth by massively devaluing the dollar when measured as a unit of gold.

    This was last done in 1933–34 and was highly successful. Stocks rallied and commodity prices boomed in the middle of the Great Depression (1929–1940). This boom was not sustained because the Fed and Treasury prematurely tightened monetary policy and fiscal policy in 1937, which put the U.S. economy back into a severe technical recession from 1937–1938.

    The Fed could use this nuclear option by coordinating with the Treasury to make a two-way market in gold using printed money. This would work exactly like quantitative easing, except the Fed would buy or sell gold instead of Treasury bonds.

    The Fed would set an arbitrarily high fixed price for gold such as $5,000 per ounce. The Fed would make that price stick by offering to buy gold from any seller at $4,900 per ounce and selling gold to the market at $5,100 per ounce. This amounts to a 4% band or spread around the target price, a classic pegging technique.

    Gold could be removed from or added to the U.S. hoard at West Point, NY, and money would be created by or destroyed by the Fed in order to make the target price stick.

    If, for example, the price of gold was $1,300 per ounce before the operation, the effect would be to devalue the dollar from 1/1,300th of an ounce of gold to 1/5000th of an ounce of gold, a 75% devaluation of the dollar. This devaluation would not take place in isolation.

    A 75% dollar devaluation in gold would signal devaluation in all other goods and services and result in $100 per ounce silver, $200 per barrel oil, etc.

    This is obviously an extreme measure and would only be used in the face of strong persistent deflation. Yet, the fact that that technique exists and has been used in the past is one reason to conclude that deflation will not in fact persist beyond certain limits because the Fed and Treasury have the ability to stop it as they did in 1933.

    read more.

end

January 19, 2017 Posted by | Economics, History | , , , , , , , , , | Leave a comment

The Elite’s Next Phase Is Coming In A Few Days To Stop The Inauguration

  • Published on Jan 10, 2017
    Initially it was thought that Trump agreed with Rand Paul to have a replacement for Obamacare before voting on it, now Trump says no, get rid of it. Obama puts his presidential records off limits for 12 years. Sessions says he will recuse himself in regards to Clinton emails. CIA director confirmation delayed a day. Russia hacking report shows absolutely nothing. US Government says presenting the real evidence in the Russian hacking would be responsible. Thousands of assets and US troops arrive in Germany. YouGov takes poll and many people in different countries are worried about war breaking out. Libya warns that if oil smuggling continues there could be a blackout in the country. US officials say that the US might not be able to stop a missile coming in from NK. Turkey might shut base off to US. Protests are being prepared for inauguration day, there could be agent provocateurs put into place by the elite to start riots to disrupt the inauguration.

end

January 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

‘Fake News’ Vindicated (Again): New WikiLeaks Email Dump Details Erdogan’s Business Ties to ISIS

Erdogan-ISIS BFF.

Erdogan-ISIS BFF.

http://www.theguardian.com/world/2015/jul/26/isis-syria-turkey-us

Click on image for article.

https://www.facebook.com/danarohrabacher/posts/10156300446930422

Click on image to goto Facebook.

end

December 7, 2016 Posted by | GeoPolitics | , , , , , , , , , , , , , | Leave a comment

Iranian Scientist Takes His “Water-Powered Car” for a Spin

  • This scientist better watch his back. He is not the first to invent this. 25 years ago American Stan Meyer had already achieved this (see videos below). Many scientists who managed to achieve technology that does away with oil have died mysteriously. The Illuminist Oil Cartel will not allow anyone to threaten their business.
  • Published on Nov 27, 2016
    Iranian scientist Alaeddin Qassemi unveiled his new invention, a car that he says is powered by water, in Karaj, Sunday. The car can reportedly run on 60 litres (15 gallons) of water and is able to travel up to 900 kilometres (559 miles) in 10 hours. The power is generated after H2O is split into hydrogen and oxygen which react chemically to produce energy. According to the inventor, the car’s engine only produces water vapour, causing next to zero air pollution. A litre (0.26 gallons) of water can reportedly generate some 96 megajoules (MJ) of energy while a litre of gasoline produces only 29 megajoules (MJ) of energy.

end

November 28, 2016 Posted by | Science & Technology | , | Leave a comment

Jim Willie: US DEBT REJECTED – Has the Dollar Collapse BEGUN?

  • Published on Nov 4, 2016
    This is part 3, start with part 1:
    https://www.youtube.com/watch?v=ROv9Q… 

    In this viewers’ questions edition with Dr. Jim Willie:

    – U.S. Treasury bonds are being rejected in U.S. port facilities?
    – How much gold is there in the gold?
    – What are safe assets and careers in the case of economic collapse? 

end

November 5, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Comments Off on Jim Willie: US DEBT REJECTED – Has the Dollar Collapse BEGUN?

The Petro Dollar System Is Coming To An End, Prepare Accordingly

  • Published on Nov 1, 2016
    Those in Canadian’s green party want the secret corporate court removed. NATO is pushing to have a force in the black sea. The US sent the X-radar system to North Korea. US extends sanctions in Sudan. Libyan economy is collapsing as the US pushes other countries to invade Libya to keep the Unity Government in power. UNSC is of the opinion that the US should separate the moderate rebels from the terrorists. 2,000 moderate rebels (terrorists) push an offensive in Aleppo, it did not succeed. The petro dollar system is at its end game , which means the entire economic system is about to fall.

end

November 2, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on The Petro Dollar System Is Coming To An End, Prepare Accordingly

Jim Willie Sounds the Alarm: UNPRECEDENTED US BOND DUMPING – Dollar Collapse Ahead!

  • Published on Oct 31, 2016 
    Jim Willie editor of the Hat Trick letter found on GoldenJackass.com joins Silver Doctors to sound the alarm foreign governments are getting concerned about the Federal Reserve devaluing the U.S. dollar. As a result, foreign governments are dumping U.S. debt at an unprecedented rate. Regarding the U.S. presidential election, Willie says the polls and voting machines are rigged. However, Willie remains hopeful that after the election we will be released from this “fascist dictatorship.” Stay tuned to hear Jim Willie answer viewers questions!

end

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

US Government Makes The First Move To Take Back The Middle East

  • Published on Oct 10, 2016
    200,000 US funded Afghan troops don’t exist. Norway is now letting US troops into their country. US claims that the Houthis fired a ballistic missile at a US warship, US makes its first move to get into the fight in the middle east. Russia and Turkey sign the Turkish stream pipeline deal. China and Russia agree on Syria. US Government / Central Bankers are preparing the American public for a possible re-do of the elections or a postponement.

end

October 11, 2016 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on US Government Makes The First Move To Take Back The Middle East

Jim Rickards: The Petro-SDR — World Money Rising

The_Death_of_King_Dollar

  • The Petro-SDR: World Money Rising
    by JAMES RICKARDS, http://dailyreckoning.com/
    The response to U.S. efforts to cheapen the dollar in 2010 — 2011 was not long in coming. It came from four directions — IMF, Russia, China, and Saudi Arabia. Enter the new world money: Petro-SDR.


    Less than a year after Obama’s declaration of a new currency war, the IMF released a paper that is a blueprint for implementation of a new global reserve currency called the Special Drawing Right (SDR), or world money.

    On December 1, 2015, the IMF announced that the Chinese yuan would be included in the basket of currencies used to determine the value of one SDR. With China onboard, the SDR is poised to become the de facto global reserve currency.

    China’s and Russia’s immediate response to the coming dollar collapse and rise of the SDR is to buy gold. (It’s not yet possible to diversify heavily into SDR denominated assets because there are very few SDR assets available.) Russia has acquired over 1,000 tons of gold in the past seven years, and China has acquired over 3,000 tons of gold in the same time.

    Combined Russian and Chinese gold purchases are over 10% of all the official gold in the world. China has also acquired billions of SDRs in secret secondary market transactions brokered by the IMF.

    Saudi Arabia’s response has been more subtle, but may be more dramatic in the end. Relations between Saudi Arabia and the U.S. have deteriorated sharply over the course of the Obama administration. The primary cause was the Iran-U.S. nuclear negotiations and what amounts to the U.S. recognizing Iran as the leading regional power.

    In the past months, the U.S. ended the secrecy surrounding Saudi ownership of U.S. Treasury securities (in place since 1975). The U.S. also released a formerly top secret 28-page section of the 9/11 Commission Report that clearly reveals links between members of the Saudi royal family and the 9/11 hijackers and Al Qaeda.

    read more.

end

September 30, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , | Comments Off on Jim Rickards: The Petro-SDR — World Money Rising

Saudis Could Pull Billions from US Economy, Hinder Access to Mideast Bases Following 9/11 Lawsuits

PetroDollar_Scam_Breaking_Down

Petrodollar_Oil

  • Saudis Could Pull Billions from US Economy, Hinder Access to Mideast Bases Following 9/11 Lawsuits
    by https://www.rt.com/  
    Saudi Arabia and its allies could retaliate against US legislation allowing the kingdom to be sued for the 9/11 attacks, including scaling back investment in the US economy or restricting access to important regional air bases, experts claim.

    “This should be clear to America and to the rest of the world. When one Gulf Cooperation Council (GCC) state is targeted unfairly, the others stand around it,” Abdulkhaleq Abdullah, a professor of political science at United Arab Emirates University, told Associated Press. “All the states will stand by Saudi Arabia in every way possible.”

    On Wednesday, Congress overwhelmingly voted to override President Barack Obama’s veto of the bill that would allow Americans to potentially sue Saudi Arabia for 9/11. Lawmakers said their priority was not Saudi Arabia, but victims and families.

    The “Justice Against Sponsors of Terrorism Act (JASTA)” would allow US judges to waive sovereign immunity claims when dealing with acts of terrorism committed on American soil – potentially allowing lawsuits against Saudi Arabia over the 9/11 attacks. 15 of the 19 hijackers were Saudi nationals.

    Chas Freeman, former US ambassador to Saudi Arabia during Operation Desert Storm, told AP that Saudi Arabia could respond in a way that risks US strategic interests. That could include Saudi restricting its rules for overflight between Europe and Asia and the Qatari air base from which US military operations in Afghanistan, Iraq and Syria are directed, Freeman says.

    “The souring of relations and curtailing of official contacts that this legislation would inevitably produce could also jeopardize Saudi cooperation against anti-American terrorism,” Freeman told AP.

    Obama vetoed JASTA last week, saying it would erode the doctrine of sovereign immunity and expose the US to lawsuits around the world. He argued the bill could lead to other governments acting “reciprocally” by allowing their own courts to exercise jurisdiction over the US, including over deadly US drone strikes.

    Saudi Foreign Minister Adel al-Jubeir told reporters in June that the US has the most to lose if JASTA is enacted. There have been reports that Riyadh threatened to pull billions of dollars from the US economy if the bill became law, however al-Jubeir has only officially said investor confidence in the US could decline.

    read more.

The_Death_of_King_Dollar

end

September 29, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Comments Off on Saudis Could Pull Billions from US Economy, Hinder Access to Mideast Bases Following 9/11 Lawsuits

Fritz Springmeier: The IMF Will Announce a New Global Currency on Sept 30th. The End of The PetroDollar is Here!

Statue_of_Liberty_overwhelmed_by_Tsunami_waves1

Shit_Storm

  • Fritz Springmeier: The IMF Will Announce a New Global Currency on Sept 30th. The End of The PetroDollar is Here!
    by Fritz Artz Springmeier, http://www.facebook.com
    IT’S HERE; THIS IS IT. (21 SEPT ’16) This is the culmination of so many things I’ve written about in the past. I finally have a date to pass on, Friday, Sept. 30, 2016, (more specifically, perhaps late in the afternoon of the 30th for the IMF announcement.) (Before today, I thought it would be after Hillary was by voter-fraud & rigged voting made president.) I suggest you sit down while you read this. Insiders, who care more about their fellow humans, than the corrupt system they are part of, have whispered warnings about this. A few alert financial analysts like James Rickards have picked up on the Sept. 30th date & are warning people. Let me slow down and walk us through this financial watershed event. This kind of sudden destruction matches the prophecy of REV 18:8,10 (& PRV 6:15, ISA 30:13 & 1 THS 5:3).

    THE DOLLAR’S STATUS AS THE WORLD’S RESERVE CURRENCY, what some call the petrodollar. Because large deals between nations are done in dollars, it can be said that 85% of global transactions are done in U.S. dollars. I have explained many times that our dollar’s VIP status globally has allowed the U.S. to create as many dollars out of thin air that it wants without destroying the dollar’s value–inflating the supply of money is simply a global tax on everyone who holds dollars, and more dollars are held by foreigners overseas than by Americans. In other words, we have been getting a free ride. I have repeatedly discussed the moves behind the scenes to dethrone the dollar. Russia & China has been working behind the scenes to get the entire world to desert us. They have also been buying up high levels of gold. Now that moment that we have wondered about is actually upon us…the date is Sept. 30, 2016, when the IMF has plans to announce a “world money”. The IMF has been issuing low-key statements about this new world currency. Additionally, hidden on it’s site is a 42-page blueprint entitled “Enhancing International Financial Security” which spells out in obtuse difficult to understand jargon that they are going to announce this new “world money”. This is the “global reset” that Christine LaGarde (hd. of the IMF & Illum.) has been talking about. When our dollar crashes, the IMF will run our economy like they have been doing to other 3rd world nations in debt. The Illuminati will directly run the show (all of America’s finances) through the IMF. Foreign central banks are preparing to ship their useless dollars back to the USA.
http://www.zempreneur.com/uploads/5/7/6/1/57616765/rickards_bigdrop.pdf

Click on image for pdf book.

  • WHAT DOES THIS MEAN FOR YOU?? Friday the 30th will come & go like all days for you. It will be like when the 9.0 Indonesia earthquake happened. The resulting tsunami took time before it hit Thailand and India. But things will fundamentally change that day. Dollars will be dumped for the new “world money”. It won’t be long before the stock market loses perhaps 60% of its value. Sell your stock now. The “world currency” (whatever they call it) will not be available to the common person, only the elite, although James Rickard has written a book: The Only Way to Own the New World Money. He has a way that people can access the new money through him. He has also written a book on this Sept. 30th event entitled: The Big Drop (2nd edit.) I have not seen the book myself. Rickard also puts out a periodical called “Strategic Intelligence”. After this global “reset” your 401K will go to 0. Gold and silver at some pt. will hold their value, so I highly recommend the actual metals…not paper receipts saying you have gold.

    read more.

US_Economic_Collapse

Global economic, financial and currency meltdown approaching!

Global economic, financial and currency meltdown approaching!

http://thenewamerican.com/economy/economics/item/14579-killing-the-dollar-g20-imf-push-for-global-fed-global-currency

Click on image for article.

http://www.thenewamerican.com/economy/economics/item/20833-imf-the-new-global-fed

Click on image for article.

end

September 23, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , | 1 Comment

Oliver Stone’s American History: “We’re Not Under Threat. We Are The Threat”!

  • Oliver Stone’s American History: ‘We’re Not Under Threat. We Are The Threat’!
    by James Reinl, http://www.middleeasteye.net/  
    As he launches his new TV series offering a critical view of US overseas exploits, the film director tells MEE he didn’t always see it that way.

    UNITED NATIONS – American controversies are Oliver Stone’s forte. The Hollywood movie director has turned his cameras on the assassination of John F Kennedy, the Vietnam War and the 9/11 attacks. But, when researching his television series, The Untold History of the United States, it was American exploits in the Middle East that left him with the most lasting impression, he told Middle East Eye on Wednesday.  

    “When I studied the untold history, one thing that really hit me hard was the history of our involvement in the Middle East,” Stone said. “It was a nefarious involvement.”

    Stone traces Washington’s hand in the region back to the 1930s, but he says it reached a peak when President George HW Bush sent hundreds of thousands of US troops to liberate Kuwait after the Iraqi invasion of 1990.

    The Soviet Union had recently collapsed and the region was wide open to a lone superpower, he said. “We never got out of there. Once we were in, we’re in forever,” Stone said. “We’ve destabilised the entire region, created chaos. And then we blame ISIS for the chaos we created,” he added, referring to the Islamic State (IS) group that now rules swathes of Iraq and Syria.

    Stone researched and wrote the series and book with Peter Kuznick, a scholar at the American University who specialises in the US nuclear strikes on Japan that ended the Second World War.

    “It’s all about the oil. You remember the bumper sticker: What is our oil doing under their sand?” Kuznick told MEE. Washington’s hunger for fuel underpins its alliance with Saudi Arabia, the CIA-backed coup against Iranian prime minister Mohammad Mosaddegh in 1953 and its support for anti-Soviet religious militants in Afghanistan in the 1980s, he said. “We create these messes, then we have a grand military plan to solve them. And the military solutions just don’t work,” he said.

    The views of Stone and Kuznick are not likely to raise eyebrows on the streets of Cairo, Moscow or Paris. But in the US they are not mainstream. The way Stone tells it, Americans live in a bubble and are spoon-fed information by a school system, politicians and a media that portrays the US as a beacon of stability and a force for good in the world.  

    In one famous example, former President Ronald Reagan called the US a “shining city on a hill”. “It’s very comforting to be an American,” Stone said. “You get the sense that you are safe and have prosperity of material goods, and that you have enemies everywhere – Russia, China, Iran and North Korea. “You get into this cocoon where you have a big country, two oceans, but that you’re always under threat.”

    Stone says he understands this well because he lived it himself. He was raised in New York, the son of a Republican stockbroker, Louis Stone. He was always creative – he often wrote short plays to entertain his family – but never questioned how his history teachers puffed up the US, he said.

    “I had only gotten a part of the story, which emphasised American exceptionalism, America as a selfless and beneficial country to the world,” he said.

    In 1967, Stone volunteered to fight in the US Army and served in Vietnam. He was wounded twice and was honoured with a Bronze Star for heroism and a Purple Heart for his service. “I came back from Vietnam puzzled, completely confused about what was going on there,” he said. “But I did get a heavy dose of the doublespeak, the militarese talk.”

    He started asking questions and reading up on “progressive history” at the same time as he studied filmmaking at New York University under Martin Scorsese and other teachers, he said. 

    read more.
http://www.addictedtowar.com/docs/The.War.Against.the.Third.World.pdf

Click on image to goto the free pdf book.

  • Daniel 7:23 (New King James Version)
    23 “Thus he said:
    ‘The fourth beast shall be
    A fourth kingdom on earth,
    Which shall be different from all other kingdoms,
    And shall devour the whole earth,

    Trample it and break it in pieces.


    Daniel 11:36-39 (New King James Version)
    36
    “Then the king shall do according to his own will: he shall exalt and magnify himself above every god, shall speak blasphemies against the God of gods, and shall prosper till the wrath has been accomplished; for what has been determined shall be done. 37 He shall regard neither the God[a] of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all.

    38 But in their place he shall honor a god of fortresses; and a god which his fathers did not know he shall honor with gold and silver, with precious stones and pleasant things. 39 Thus he shall act against the strongest fortresses with a foreign god, which he shall acknowledge, and advance its glory; and he shall cause them to rule over many, and divide the land for gain.
US 'defence' (war really) budget is well over US$1T when all the discretionary spending are added ! It is over 50% of tax revenues!

US ‘defence’ (war really) budget.

Discretionary spending in the FY 2013 budget was slashed to $1.264 trillion from $1.319 trillion budgeted in FY 2012. America is a WAR economy!

Discretionary spending in the FY 2013 budget was slashed to $1.264 trillion from $1.319 trillion budgeted in FY 2012. America is a WAR economy!

http://www.politifact.com/truth-o-meter/statements/2011/sep/14/ron-paul/ron-paul-says-us-has-military-personnel-130-nation/

Click on image to goto article!

Let's cut food stamps but not the war budget! There are still a lot of people the US government wants to kill !

Let’s cut food stamps but not the war budget! There are still a lot of people the US government wants to kill !

end

September 21, 2016 Posted by | GeoPolitics, History, Social Trends | , , , , , , , , , , , , , , , , , , , , | Comments Off on Oliver Stone’s American History: “We’re Not Under Threat. We Are The Threat”!

‘Be Worried: Serious Economic Crisis on Horizon’ – Jim Rogers

https://www.rt.com/op-edge/358414-oil-prices-russia-saudi-arabia/

Click on image for article.

September 17, 2016 Posted by | Economics | , , , , , , , , , , , , | Comments Off on ‘Be Worried: Serious Economic Crisis on Horizon’ – Jim Rogers

The US Government\Central Bankers Petrodollar System Is Falling Apart

  • Published on Sep 13, 2016
    Obamacare is a complete disaster another co-op closes. US says no official request from Philippines to remove troops. The Libyan people capture the oil ports, the US gives warning to move away from the ports or else. Iran agrees to the agreement between Russia and the US. Kerry back tracks on his statement that Syria needs permission to bomb the terrorist groups. Russia concerned that the opposition group has not agreed to the ceasefire deal.

end

September 15, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on The US Government\Central Bankers Petrodollar System Is Falling Apart

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.


    TOPICS IN THIS INTERIVEW:
    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: http://SRSRoccoReport.com

end

September 14, 2016 Posted by | Economics | , , , , , , , , , , , , , , , | Comments Off on Silver to Gold Price to Reach 1:10 Ratio! Mining Expert Steve St. Angelo Interview