Socio-Economics History Blog

Socio-Economics & History Commentary

X22: Chaos, Crashes & Massive Gold Rally & A New Money System Coming

  • Published on Aug 8, 2016
    New Energy Source is the Oil of the 21st Century. Learn More: 

    http://CrushTheStreet.com/Charge 

    One of the most popular compilers of economic data and the coming crash prediction is back on. He’s Dave from X22 Report and this time around we discuss the macro arguments for gold’s coming rise, the dollar’s crash and overall economic chaos with inflationary and deflationary problems in the US and abroad. Get more from Dave: http://X22Report.com 

    TOPICS IN THIS INTERVIEW: 
    01:35 Inflation v Deflation: Gold/Silver & Credit Bubble 
    03:30 Empty Store Shelves Coming 
    06:00 Both Inflationary or Deflationary Shock for Prices in US 
    08:00 Future World Monetary System & Death of US Dollar 
    08:40 $100 US Bill Interesting Apperance with Gold on Right 
    11:55 How will the Dollar Lose Value over the Next Few Years 
    15:40 US Dollar vs Gold which is Real Money 
    19:50 2016 Election & the Stock Market: Crash or Rally? 
    22:50 Massive Gold Rally & Real Estate Crash 
    25:00 Closing Thoughts & Get more from X22 Report 
http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html

Click on image for article.

end

August 9, 2016 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , , , , , , , | Leave a comment

China Sucking Up The World’s Gold Ahead of Global Economic Implosion

August 9, 2016 Posted by | Economics | , , , , , , , , , , | Leave a comment

Ahead: COMEX GOLD DEFAULT | Jim Willie

  • Published on Aug 7, 2016
    IN THIS INTERVIEW: 

    – Switzerland exported a record amount of gold to the US in May ►1:22 Source: https://goo.gl/SsdMvS 
    – A clarification of Sharia law could mean that the 1.6 billion Muslims in the world would be able to purchase gold ►5:37 Source: https://goo.gl/WQBzqa 
    – Tokyo Commodities Exchange, along with the Shanghai Gold Exchange, is now trading physical gold. How will this impact the ability of the powers that be to manipulate the price of gold with paper gold contracts? ►7:19 Source: http://goo.gl/lMIQvO 

    Viewer Questions: 
    – How much gold does China have? ►13:04 
    – Why will people not fall for another fiat currency? ►20:37 
    – What is the minimum amount of silver I should own in order to weather the coming economic storm? ►23:46 
    – Should I take physical possession of of precious metal mining shares? ►26:10 

end

August 8, 2016 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Dr. Jim Willie: Banker Bunker Mentality. BIG NEW DEVELOPMENT ON GLOBAL FRONT!

US_Economic_Collapse

  • Dr. Jim Willie: Banker Bunker Mentality
    by Jim Willie CB, http://www.GoldenJackass.com  
    … BIG NEW DEVELOPMENT ON GLOBAL FRONT
    THE CHINESE FINANCE OFFICIALS AND THE BASEL-BASED BANK FOR INTERNATIONAL SETTLEMENTS ARE NEGOTIATING A GLOBAL REFORM OF ALL BILATERAL CONTRACTS. THEY STRIVE TO ALTER USDOLLAR-BASED CONTRACTS, AND CHANGE THE CONTRACT TERMS TO GOLD SETTLEMENT. THEY ARE WORKING ON A GLOBAL CONTRACT AT THE $5000 GOLD PRICE IN CONTRACT CONVERSION. CHINA REPRESENTS EASTERN INTERESTS, WHILE BASEL REPRESENTS WESTERN INTERESTS. It is not yet clear what will happen to commodity price mechanisms. 


    If and when the global contract reform is completed, all bilateral contracts will be shifted into Gold settlement, no longer USD settlement. The result will be the USGovt is then made free to launch a domestic-only new USDollar, called disrespectfully the New Scheiss Dollar by the Jacksass for the last two years. It will resemble a Third World currency, and be subjected to a sequence of devaluations. A $500 billion trade deficit will require several years to overcome. If reduced by 50% in five or six years, it will be a miracle. The $1 trillion federal deficit has a different solution in mind. The USGovt plans to commandeer pension funds, forcing investment in the Special USTreasury Bond. It will not be a confiscation, but rather forced conversion with all the disadvantages of currency devaluation that come.

    read more.

end

August 8, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie Interview With Elijah Johnson at Finance & Liberty

  • Uploaded on Aug 5, 2016
    IN THIS INTERVIEW:

    – Switzerland exported a record amount of gold to the US in May ►1:16 Source: https://goo.gl/SsdMvS
    – A clarification of Sharia law could mean that the 1.6 billion Muslims in the world would be able to purchase gold ►5:37 Source: https://goo.gl/WQBzqa
    – Tokyo Commodities Exchange, along with the Shanghai Gold Exchange, is now trading physical gold. How will this impact the ability of the powers that be to manipulate the price of gold with paper gold contracts? ►7:19 Source: http://goo.gl/lMIQvO

    Viewer Questions:
    – How much gold does China have? ►13:04
    – Why will people not fall for another fiat currency? ►20:37
    – What is the minimum amount of silver I should own in order to weather the coming economic storm? ►23:46
    – Should I take physical possession of of precious metal mining shares? ►26:10
    – What are the odds of any western country to either ban the sale of gold or silver, attempt to confiscate gold or silver, or apply an onerous tax to the sale of one or both of the metals? ►30:08
    – Platinum and palladium vs. gold and silver ►33:03
    – What will be the future purchasing power of silver and gold? ►39:22
    – What percent of my silver investments should be in junk silver? ►42:08
    – Where is the best place to live when the collapse occurs? ►43:27
    – When the imports fail over the dollar collapse, how bad will the oil/gas crisis be? ►52:18
    – Will the power grids fail? ►55:51
    – If NIRP comes to America, will it trigger bank runs? ►57:33
    – How will the Chinese banks be affected by the reset? ►1:00:01
    – Will Canada be in the same devaluation boat as the USA? ►1:03:20
    – Will there be a market after this crash? ►1:09:58
    – Will it be possible to use gold/silver to escape the country after the dollar collapse?
    – The Turkish economy ►1:13:42
    – Will the US Dollar lose its world reserve currency status after the Chinese Yuan becomes part of the SDR currency basket? ►1:17:33
    – Will the US ruling elite maintain their power? ►1:22:57
    – Will Germany ever be allowed to become a member of a Eurasian trade zone? ►1:29:14
    – How are the political betrayal and the attacks on civil liberty going to play out in Germany within the next months? ► 1:38:49
    – When the mega, corrupt banks get those billion dollar fines, where does that money really go? Who is the beneficiary? ►1:40:09
    – Is there any protection in a credit union? ►1:41:39
    – Could you explain what Commitment of Traders and Open Interest are? ►1:46:40 

end

August 6, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Reckoning: “A Banking Crisis Is About To Sweep The Globe”

  • The Reckoning: “A Banking Crisis Is About To Sweep The Globe”
    by Mac Slavo, SHTFplan.com  
    Greg Mannarino of TradersChoice.net, who has previously warned that when the next debt bubble pops millions upon millions of people will die in the fallout, says the reckoning for financial markets is coming… and soon:

    I don’t know what else you need to see… A lot of people [are asking], “where’s the collapse? where’s the crisis” 

    It’s happening all over the world… Social unrest, strife, a banking crisis that has no where to go but worse… The chickens are coming home to freaking roost.

    You need to take action. It’s that simple.
    Are world central banks going to continue to try and keep this market up? Absolutely that’s what they’re going to do, especially because it’s an election cycle in the United States… no doubt about it… but that does not mean things are not crumbling around us. 

    The evidence is overwhelming…

    I have no doubt that a banking crisis is about to sweep the globe… We are now existing in economic and financial fantasy land and this has inflated bubbles of magnitudes which are so absolutely distorted and twisted, there’s going to be a moment of reckoning.

    Mannarino says that Americans should be taking money out of their financial institutions and allocating some of that capital into monetary metals. With the price of gold well below its 2011 highs, now may be a good time to move into this historical safe haven of last resort as a way to protect against the collapse of the economy, financial markets and global monetary system.

end

August 5, 2016 Posted by | Economics | , , , , , , , , , , , , , , , , , , , | Leave a comment

Rob Kirby: The Gold Cupboards are Bare & New Silver Buyers Forcing the Endgame

  • Published on Jul 29, 2016
    ALERT: America is importing gold from Switzerland for the first time in decades. Rob Kirby of Kirby Analytics sounds the alarm: Jim Sinclair just blew the whistle that the amount of Gold imported into the US in May 2016 mirrors almost to the ounce the gold demanded for physical delivery on COMEX. Shocking “coincidence” or inconvenient fact exposing that the gold shelves are bare? Kirby drills in deeper to bring us to the conclusion that we are close to a catastrophic economic collapse, and gives the evidence he sees as clear writing on the wall. Don’t miss it!

end

August 4, 2016 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

European Banking System Collapsing Now! Next up, Sovereign Bonds?

financial-crisis-clock-word-background

  • European Banking System Collapsing Now! Next up, Sovereign Bonds?
    by , http://www.milesfranklin.com/
    Unequivocally, the rubber is hitting the road NOW!  So much so, I believe “last to go” markets are in danger of being overwhelmed by the chaotically scrambling, Keystone Kop-like, terminally cancerous “powers that be.”  And by “last to go,” I don’t just mean the gold and silver markets, which are being swamped by exploding physical demand, collapsing production, vanishing inventories, and history’s most violently PM-bullish political, economic, and monetary environment.  No, I mean everything else; including hideously overvalued stock markets – which cumulatively, will either crash into oblivion, or hyper-inflate Zimbabwe style; with the result, in either case, being the biggest real losses of all time.  To that end, kudos to Gordon Long, who in this article, opened my eyes to the massive head and shoulders top formation in global stock markets, which is breaking down as we speak; ominously, led by financials.  Which is exactly why he – and I – anticipate Central banks are about to go “all in” on hyperinflation.


    To that end, today’s Japanese fiscal stimulus announcement (following last week’s Bank of Japan pronouncement that it is doubling its stock market purchases); this morning’s Royal Bank of Australia rate cut; and next week’s imminent Bank of England rate cut and QE announcement; are just the tip of what will be history’s biggest monetary iceberg.  Just under the surface – where as you know, the majority of icebergs lie – the Federal Reserve is lying in wait, praying it can avoid re-joining the overt QE ranks before the election.  But irrespective of the timing, I assure you they will retake the mantle of lunatic, overt money printing and asset monetization from the ECB and BOJ before long.  And when they do, there’s no telling if 2008-style crash or Weimar-like hyperinflation will win the day.  Which, in either case, will yield a massive crash in the dollar’s value against real money, irrespective of how it performs  against other collapsing fiat toilet paper.

    read more.

end

August 3, 2016 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: The Dollar Will Be Removed From Int’l Trade, Which Will Send Shock Waves Throughout The US

  • INTERVIEW WITH DAVE ON X22 REPORT
    by http://goldenjackass.com/main5.html  

    August 2nd:  topics covered are the numerous sides to the systemic breakdown in progress, the role of QE (USFed hyper monetary inflation) to prevent bank failures from lack of liquidity, the several sites of broken banking systems like in Italy and Germany, the potential triggers for bank failure contagion, the grotesque insolvency of the global financial system, the transition toward a gold-backed currency (and various scenarios of gold provision), the risk to any New Dollar from the $500 billion annual trade deficit, and much more, with explanation of the deception regarding the war on terrorism and how narcotic factors into the bank support.

end

August 3, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Steve St. Angelo: COLLAPSE Worse Than ’08 is Coming

  • Published on Jul 29, 2016
    IN THIS INTERVIEW: 

    – The Seneca cliff ►1:04 
    – The coming collapse will be worse than 2008 ►5:28 
    – What are the fundamental reasons that point to higher gold and silver prices? ►11:04 
    – Will silver outperform gold? ►14:25 
    – Switzerland recently exported record amount of gold to the U.S. ►21:52 

end

August 2, 2016 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Global Buffet of Buffoonery

July 30, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Japan Has Sent A Massive Monetary Shock Wave Across the Planet: “Will Create A Big Upward Price Adjustment In Gold And Silver”

  • Japan Has Sent A Massive Monetary Shock Wave Across the Planet: “Will Create A Big Upward Price Adjustment In Gold And Silver”
    by Mac Slavo, SHTFplan.com 
    In what appears to be a strategy designed to keep their financial system afloat when fiat currencies around the world collapse under the strain of trillions in quantitatively eased debt, the Tokyo Commodity Exchange (TOCOM) has now shifted their operations so that all trade settlements can be completed in physical gold. The move follows the opening of the Shanghai Gold Exchange (SGE), which is the East’s answer to decades of manipulated precious metals prices by a concentration of inside players. It’s an open secret that western central banks and cooperating financial institutions have controlled the price of gold for years. The opening of the SGE and Japan’s TOCOM shift should be a clear signal that eastern governments like China, Japan and Russia are no longer willing to play a rigged game and that they are preparing to allow gold to be freely exchanged on the open market in its physical form.

    As highlighted in the SGT Report video update below, these developments coupled with supply-demand fundamentals and the massive of shift of capital into precious metals as a result of worldwide economic uncertainty, suggest that gold and silver prices are set to explode to the upside. Citing financial and economic experts, SGT Report notes:

    The Japanese have recently sent physical gold shock waves around the planet with the implementation of physical gold trading
    at their TOCOM commodity exchange… The news of this even was largely muted in the Western financial media… even the alt media blogosphere largely seemed to overlook the news… but this is a highly significant development because it signals a subtle shift in Japanese economic and monetary focus from West to East… it will also create a bug upward price readjustment in gold and silver.

end

July 30, 2016 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

The System Cannot Be Sustained, When It Collapses It Will Be Epic: Gregory Mannarino

July 28, 2016 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

AHEAD: $100 Silver, $10,000 Gold | Bo Polny

  • Published on Jul 25, 2016
    IN THIS INTERVIEW:

    – Precious metal market update ►0:54
    – Stock market crash coming ►2:56
    Viewer Questions
    – When the Dow suffers its biggest drop at some point in the next two months, will share prices of the precious metals miners plummet as well? ►6:26
    – When will silver break $50/oz? ►8:18
    – When does Bo think gold/silver will peak? ►10:43
    – How Bo sees the technology fixing the precious metal price manipulation? Will there ever be price separations (paper vs physical)? ►11:52
    – Would you advise owning more silver to gold? At what ratio of silver to gold? ►13:36
    – I own silver certificates (presently underwater, bought in 2011) and realize that, not holding the actual is risky. I wonder how high silver could go where the paper silver promises may be dissolved or not honored…could I wait til $35 to $70.00 to sell them back to the bank or would I be wise to sell now, buy the physical metal? ►18:53
    – What does his cycle analysis have in regards to Bitcoin? ►20:21
    – What is your view on Yuan joining SDR Currency Basket on specifically chosen 10-02-16 Jubilee date as well as ramifications to current economic conditions? ►21:53
    – Will the United States experience hyperinflation? ►24:16

end

July 27, 2016 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Govt Wants CURRENCY DEBASEMENT | Axel Merk

  • Published on Jul 24, 2016
    IN THIS INTERVIEW: 

    – Can monetary policy improve the sluggish economy? ►0:47 
    – Why is the Fed focused on financial markets? ►5:13 
    – Higher interest rates coming? ►9:41 
    – Interest rates and government debt ►13:53 
    – Investing in gold and silver ►16:23 

end

July 25, 2016 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Follow

Get every new post delivered to your Inbox.

Join 1,168 other followers