Socio-Economics History Blog

Socio-Economics & History Commentary

There Is A Major Shift From West To East Occurring As The Dollar Dies: London Paul

August 18, 2017 Posted by | Economics | , , , , , , , , , , , , , , , , , | Leave a comment

Lynette Zang: They Want to Get Rid of Cash. Financial System Cannot be Trusted — Gold $9,300 & Silver $625

  • Lynette Zang: They Want to Get Rid of Cash. Financial System Cannot be Trusted — Gold $9,300, Silver $625 Now
    by Greg Hunter’s USAWatchdog.com
    Market analyst Lynette Zang says get ready for a “money standard shift.” A reset in how we buy and sell things is being put into place. Zang contends, “Look at the crypto currency area because they know that’s where they want to go. They have to take us there so they can get rid of cash, and they can control everything directly. . . . Generally speaking, all these new crypto coins that are coming out and are making lots of money and people marry that money because of nominal confusion, what is really happening is they are preparing us . . . for a money standard shift.”


    Zang explains that the U.S. dollar has lost about 96% of its value since inception of the Federal Reserve, and its value is “nearing the bottom. . . . So, there is no place else to go but to digital currency,” says Zang.

    On interest rates, Zang says with all the massive debt out there globally, rates cannot be allowed to rise, and central bankers “need interest rates to be negative.” Zang says, “Interest rates will not go up too much further because that will trigger the derivative market unless they are ready for the shift . . . because all that debt keeps coming due. It’s not like they are paying that debt off, they are just rolling it into additional debt. Rising interest rates will cost everybody more money.”

    If rates go up to around 4%, Zang contends, “That would be a trigger and cause a derivative event that will implode all the markets.”

    Zang says we are headed towards an undemocratic technocratic financial system. Zang explains, “Technocrats don’t care about people, they care about systems. That’s what the most important thing is. The formulas that guide all of those systems is not how a democracy works. . . . Essentially, what they are trying to do is get all wealth held in cyberspace and the title to all wealth held in cyberspace. Then the “Smart Contract” can immediately transfer that title. You can go to the mall and spend the equity in your house.”

    Zang warns that central banks could make a big mistake and lose control quickly. Zang says, “They could lose control because it’s all about confidence. Why do they keep testing all of this confidence? People have been losing a lot of confidence in the governments and central banks. Why do they need a trustless system? They could lose control.”

    Zang says every fiat currency will reset against gold and silver, and if it happened today, she estimates “gold would be more than $9,300 per ounce” and “silver would be more than $625 per ounce.”  Zang says, given all the unpayable debt in the world, those are conservative estimates.
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.

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August 17, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , , , , , , , | 1 Comment

Dollar Won’t Collapse – It Will VANISH | Jim Willie

August 16, 2017 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Lynette Zang: All Assets Will Be Valued In SDR’s

August 15, 2017 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Egon von Greyerz: Big Money Going into Gold

  • Egon von Greyerz: Big Money Going into Gold
    by Greg Hunter’s USAWatchdog.com 
    Financial expert Egon von Greyerz (EvG) says the central bankers did not fix the problem that caused the last global economic meltdown. EvG points out, “Did they save the system?  For ten years they did, but they didn’t save it.  They made the problem a lot bigger.  Global debt has gone from $120 trillion in 2006 to $225 trillion today.  Central banks have printed another $18 trillion.  So, the situation right now is a lot worse than it was then.  So, the bubble is much bigger.  And remember last time, interest rates worldwide were around 5% to 6% ten years ago. . . .Today, they are zero or negative in many countries.  They cannot achieve anything by adjusting interest rates.  Well, they can make them more negative, but people are not going to give them any money with negative interest rates.”


    EvG has decades of experience as a top executive in the European banking system, and he contends, “The ECB risks are increasing exponentially. Greece is still bankrupt and will remain bankrupt.  If you go around to all the other countries, Ireland, France and all the other countries . . .  the problem is just a lot bigger today than it was.  They have done a great job in fooling all of the people most of the time . . . when the risk is greater than ever.  It shows if you tell people lies often enough, people will believe it, and that’s what’s happened.  This is why when this ends, it’s going to end in tears.  It’s not going to end with a slow gradual process of deterioration.  It’s going to end with a bang.  I am not a pessimist.  I am just looking at risk, and the risks are so clear to me. This is a risk that no one can actually do anything about because there is nothing you can do for debts that cannot be repaid. . . . We are living in a lie, and you cannot live on a lie forever.”

    EvG vaults gold for wealthy clients in secret vaults in Switzerland and in Asia. What is he seeing first hand from his global clients?  EvG says, “It’s interesting that we are seeing big money now starting to actually come into the gold area. They are increasing (holdings) or coming in for the first time, which I would say is quite new, in the last few weeks.  People are sensing it.  People understand what’s happening.  We have our clients we’ve had for the last 15 years, and they are increasing their holdings, but we have new money coming in, and it hasn’t been on the scale we are seeing now. . . . There are people that smell things before they happen.  People don’t know why, but people are sensing something is going to happen.”

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

Jim Willie: King Dollar Loses Its Global Currency Reserve Status

  • Published on Aug 10, 2017
    An hour and a half intelligence report from one of the best minds in economic and geopolitical forecasting. Jim Willie, Editor of the “Hat Trick Letter” shares his insights of the impact of sanctions against Russia, the impact of US interventions in the middle-east, the realignment of the geopolitical world and the unavoidable demise of the US dollar. Jim closes with an important announcement regarding new content that will be published in the Golden Jackass “Hat Trick Letter”. To learn more about his work please visit:


    http://www.goldenjackass.com/ and follow Jim on Twitter @goldenjackass.

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

Rob Kirby: Economic Collapse, Currency Devaluation, Gold, Silver …

Click on image to download MP3 interview.

  • Rob Kirby: Economic Collapse, Currency Devaluation, Gold, Silver …
    by Turd Ferguson, http://www.tfmetalsreport.com/
    What great timing to have Rob Kirby back for an A2A webinar. Rob’s vast experience provides a unique perspective on the failure of The Generally Accepted Narrative for 2017 as well as some wisdom on where we are headed from here. Among the topics discussed today:

    * Rob’s thoughts on how The Fed was able to institute ZIRP and why rates remain historically low.
    * Why the POSX is falling so rapidly in 2017.
    * What message could be gleaned from Terry Duffy’s appearance on FBN two weeks ago.
    * Why Rob prefers physical gold and silver to owning the mining shares.
    * And much, much more!

    This was an incredibly informative presentation and we should all be grateful that Rob so generously shared his time today. Please try to carve out some time to give this podcast a thorough listen.

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August 7, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

Western World Failing Now – Clif High

  • Western World Failing Now – Clif High
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Renowned Internet data mining expert Clif High says the rise of crypto currencies is nothing more than a reflection of failing states in the West. High, who uses what he calls “predictive linguistics”to forecast future trends, contends, “Here we are in a failing state, and basically, all of the western republics are failing states.  We are so far in debt we can’t ever recover.  So, our ability to trade has weakened anyway, and yet, we are going to launch a trade war with Russia?  This is really a lot of smart thinking there fellows. On top of that, we have this giant move in cryptos.  As the dollar dies and keeps shrinking, it’s got to go somewhere, and it’s coming into the crypto currencies. and they are expanding.  So, at the same time, they are trying to use the dollar as a trade weapon.  This one over here (crypto) is growing like mad to the point we just don’t care about their sanctions on trade.  It’s not ever going to stop any kind of crypto currency trade.  If I wanted to do business with Russians now, I could do it and the government would have no way of knowing about it.”

    What about silver and gold and the price suppression game? Crypto currencies will set them free.  According to High, “What we got in our data sets is silver is going to be set free by the cryptos.  Silver is going to go first.  Our data sets said it was going to occur in July.  Over the course of June and into July, a number of organizations were created for a crypto encapsulation for the performance of energy necessary to extract and deal with silver.  So, basically, it’s not silver backed.  It’s not a silver commodity coin.  It’s something different, and these things will be appearing over the course of this year.  At least one or two of these is going to break silver loose at its fiscal restraint level because these guys will be providing a vehicle around the control structure of the U.S. dollar and the COMEX and LBMA. . . . That really is the all-enveloping price structure for gold and silver because they control it through those large contracts.”

    read more.

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August 7, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | Leave a comment

Dark Times Are Ahead Of Us, Be Prepared For The Devaluation Of The Dollar: Jim Willie

July 29, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Get Ready for The Freefall Collapse — Mitch Feierstein

  • Published on Jul 26, 2017
    Mitch Feierstein returns to SGT report with an urgent warning, get ready for the free fall collapse. We are in a euphoric bubble blow off top, Mitch says. “I’ve been talking about the Swiss national bank intervening in the equities markets along with the European central bank buying corporate bonds, which allows companies to buy their stocks back, which pushes the markets even higher, inflating the bubbles. it’s a bubble machine. How could anything go wrong in an environment like this when you have unlimited money printing going on? Bad things happen when you print money.”

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July 27, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Petrodollar System Collapse

Click on image to download MP3 interview.

  • The Ochelli Effect-2017-07-20 Jim Willie Petrodollar System Collapse
    by https://ochelli.com/, Jim Willie http://Goldenjackass.com
    Hour one.
    * petrodollar system collapse
    * Jim’s been sick for weeks, but starting to feel better.
    * Why is the MSM constantly talking about exchange rates?
    * petrodollar system collapse?
    * A lot of movement different currencies, and the dollar collapse.
    * The Euro is on the rise, all seems well in central Europe, but Jim says it’s not.
    * The dollar is in deep trouble due to the petrodollar system collapse.
    * The Chinese are going to buy Saudi oil with their own currency.
    * Threats of sanctions from Germany, and they are going to ignore the Russian sanctions.
    * Germany is starting to flip east as Jim predicted some years ago.
    * American opinion or policy doesn’t matter any more
    * The entire energy market is moving away from dollars [13 mins in].
    * OPEC is now toothless because of , petrodollar system collapse?
    * Treasuries are being dumped, who’s picking up the slack?
    * Jim and Chuck are both obnoxious , and happy about it.
    * Iran dumped 80 tankers full of oil onto the market
    * bonds and the petrodollar system collapse
    * Countries are going to dump treasuries putting massive pressure on derivatives
    * The US will be loosing the global reserve currency.
    * Did the German’s get their gold back? 140 tons of stolen gold in Libya.
    * Is Trump a clown or a genius? or genius at being a clown?
    * Trump asked Germany to pay more towards NATO, the Germans seem to have another plan.
    * NATO is coming apart?
    * Gold standard and Don’t forget Silver.
    * Did the German’s get their gold back?
    * German air force suffering from parts shortages
    * Turkey buying S400 missile systems from Russia
    * Chemtrails, GMO food and seeds, vaccines , primer for petrodollar system collapse
    * Global currency reset to replace dollar
    * Germans are printing marks others to in Europe
    * Euro behind the curtain
    * Fort Knox is empty , or maybe not
    * economic stagflation
    * domestic only Dollar 2.0
    * The system will offer the cure to collapse
    * What role will France and the NEW Mark play?
    * DC vs. The rest of the world.and the petrodollar system collapse

    Hour two
    *Kim , and Kim Jung Un , plus other fascists?
    * SJWs Suck
    * Why can’t certain subject be discussed on FaceBook?
    * Vaccines and chemical elements involved in the rise of sexual deviations.
    * petrodollar system collapse?
    * Free Speech safe space, in cyber space ?
    * Jim Willie is the founder of Golden Jackass.com and editor of the HAT TRICK news letter: http://goldenjackass.com

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July 25, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jeff Berwick Exposes The FedRes & The Entire Matrix Control System on The American Intelligence Report

  • Published on Jul 13, 2017
    Jeff is interviewed on The American Intelligence Report, topics include: fiat currency and the Freemasons, the Federal Reserve and the end of the gold standard, the real causes for the US civil war, bypassing the current economic system entirely, gold silver and bitcoin, privacy and crytocurrencies, altcoins, Litecoin, changes to the bitcoin software, Dash and anonymity, Ethereum, the TDV newsletter’s great track record.

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July 22, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , | Leave a comment

The Shanghai Gold Exchange, the New Silk Road and the Threat to the Petrodollar

  • Published on Jul 19, 2017
    In this report I talk about the recent news that Russia’s largest bank, Sberbank, has started dealing in physical gold on the Shanghai Gold Exchange. I also look at the threat to the dollar’s status as a reserve currency from the New Silk Road plan being implemented by China.

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July 22, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

Collapse of Western Civilization | Jim Rogers

  • Published on Jul 19, 2017
    Legendary investor Jim Rogers says Western Civilization is going to collapse. Debt is higher than ever. Therefore, this crisis “will be worse than anything in our lifetime,” Rogers predicts. Governments, countries, and banks will fail, he says. How should we prepare? “If you start investing in things you don’t know about, I assure you you’re going to have real problems when the situation goes bad, “ Rogers warns, “Stay with what you know.” He expects agriculture to do well going forward. In the short run, he in is bullish on the U.S. Dollar and bearish on precious metals. But in the long run, he sees confidence being eroded in the Dollar, and more movement into gold and silver. Rogers expects governments to restrict the use of gold and silver when the crisis hits. Stay tuned to hear what country Rogers thinks will dominate the 21st century – it’s not the United States…

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July 20, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , | 1 Comment

“The END GAME is Here”: No More Downside to Precious Metals — Andy Hoffman

  • Published on Jul 18, 2017
    Andy Hoffman says the recent Comex Commitment of Traders report was wildly bullish for precious metals. In fact, Andy says “I don’t think I’ve ever felt this way in the fifteen years in precious metals about what’s going on. There’s literally NO DOWNSIDE to precious metals.” Andy says the Federal Reserve is trapped and there is no way they can raise rates. “Ding dong the Fed and the precious metals bear market is dead. The end game has arrived.”

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July 19, 2017 Posted by | Economics | , , , , , , , , , , , | Leave a comment