Socio-Economics History Blog

Socio-Economics & History Commentary

Jim Willie: US Dollar Will Not Survive 2015!

PetroDollar is dying!

PetroDollar is dying!

  • Jim Willie: US Dollar Will Not Survive 2015!! 
    by http://www.silverdoctors.com/ 
    Summary
    The forecast for fast acceleration of events into the January month has occurred on schedule.  Normally a very big event occurs every several weeks, or every few months.  In just the last three weeks, ten have taken place of significance.
    The pace has quickened in an alarming fashion. The Great Quickening has commenced.
    -
    Something big, ugly, and nasty this way comes.
    The disruptive events and pace of systemic breakdown are surely going to continue.  The year will go down in history as extremely messy, extremely chaotic, and extremely important in the demise of the USDollar.

    -
    Check the 7-year cycle for an amazing sequence that goes back to the 1973 Arab Oil Embargo, the 1980 Gold & Silver Hunt Brothers peak, the 1987 Black Monday, the 1994 Irrational Exuberance with ensuing Asian Meltdown, the 2001 Inside 9/11 Job, and the 2008 Lehman failure.
    -
    The Year 2015 will be known for the USDollar demise with full fireworks.
    -
    With the acceleration of events in progress and in view, the pressures will grow against the entire King Dollar Court, the corrupt fortresses in Wall Street and London Centre, the crime syndicate hive.
    -
    The USDollar will not survive the year.

    By Jim WillieGoldenJackass.com 

    In the closing months of 2014, on numerous occasions the position was put forth that as the days of January stacked up, toward the end of the month and going into February, that the global financial structures would show severe strain, widespread disruptions, and possible signs of cracks in breakdown. The forecasts were clearly stated and repeated. Even the present flow of events has been shocking, despite the expectation.
    -
    The forecast certainly has proven correct.
    The disruptive events and pace of systemic breakdown are surely going to continue. The year will go down in history as extremely messy, extremely chaotic, and extremely important in the demise of the USDollar.
    -
    Check the 7-year cycle for an amazing sequence that goes back to the 1973 Arab Oil Embargo, the 1980 Gold & Silver Hunt Brothers peak, the 1987 Black Monday, the 1994 Irrational Exuberance with ensuing Asian Meltdown, the 2001 Inside 9/11 Job, and the 2008 Lehman failure. The Year 2015 will be known for the USDollar demise with full fireworks, set up with Ukraine and the European repeat of Waterloo. A quickening pace of events is highly indicative in two natural types in nature, namely the lead up to a natural earthquake, and the lead up to a human childbirth.
    -
    KEY ACCELERANT EVENTS
    The forecast about fast acceleration of events into the January month has occurred on schedule. Normally a very big event occurs every several weeks, or every few months. In just the last three weeks ten have taken place of significance. The pace has quickened in an alarming fashion. The Great Quickening has commenced. Something big ugly and nasty this way comes. The events are worth emphasis, since each has enormous implications and fallout.

    -
    read more!

end

January 29, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Jim Willie: The End of the American Empire – Big, Powerful, Nasty & Ugly Days Ahead !

  • Jim Willie – The End of the American Empire: Big, Powerful, Nasty & Ugly Days Ahead
    by http://www.oneradionetwork.com/ 
    Show Highlights:
    - Willie says there is a strong contingent of powerful “Good Guys” ex military who are tired of the status quo; and there are extremely wealthy Chinese Elders who are sick and tired of “The Boys” andtheir destruction of the Planet.

    - There are three major factions who run the world….for now; who are they?
    - Germany is actively looking for credible ways to exit the Euro Zone, political and currency
    - The dollar is losing market share, as we speak, with the emergence with BRICS
    - The amount of gold Russia and China has will curl your hair
    - The U.S. is out of gold
    - Putin kicked the Rothchild’s out of Russia a few years ago
    - The Vatican is loaded with assets on all levels and it goes back over a thousand years
    - Willie explains how oil got to $45 a barrel today
    - It’s all about derivatives and not supply and demand for all major assets
    - Just how did the Swiss pull off keeping the Euro peg for the last three years
    - The dollar may have strong numbers today but is weak at heart
    - Willie’s take on ISIS, their origin and what they are up to
    - The Global Currency Reset is real and in motion
    - There will be a new, improved dollar someday that will be as worthless as the current one
    -
    and so much more!

  • To download the MP3 audio files click here: Hour 1,   Hour 2  .

end

January 28, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

The Terrifying $250 Trillion Time Bomb, Gold And Escalating Currency Wars!

WarrenBuffet-Financial_Derivatives_r_WMD_n_time_bombs_for_the_economic_system

  • The Terrifying $250 Trillion Time Bomb, Gold And Escalating Currency Wars! 
    by http://www.kingworldnews.com
    Today a legend who was recently asked by the Chinese government to give a speech to government officials in China sent King World News a powerful piece that warns about a terrifying $250 trillion time bomb.  John Ing, who has been in the business for 43 years, also discussed parallels to the Great Depression, gold, and escalating currency wars.
    -

    By John Ing of Maison Placements
    January 24 (King World News) – Ireland, Italy and Portugal all have public debt to GDP ratios in excess of 125 percent. European growth is anemic. Rhetoric has not matched the reality. Greece faced yet another election and Greek shares plunged over fears of a Grexit, reminiscent of only four years ago. The reality is that Greece and the other Eurozone members only deferred their problems while their debt crept higher.

    -
    Central banks should be listened to but investors would be wise to follow their actions, not their rhetoric. The slump in oil prices, and easing of German inflation has prompted the European Central Bank to conjure new euros to buy bonds with newly minted money despite the lowest returns ever. The successive rounds of money creation are to be shoveled into the system.
    ….
    Terrifying $250 Trillion Time Bomb
    The successive rounds of money creation are to be shoveled into the system. Negative interest rates exist in Switzerland, Germany and Japan reminiscent of the Great Depression. Money is not money any more. Sub-zero interest rates are the norm. We believe that sooner or later, there will be a need for money and rather than a mass produced fiat currency, capital will flow to that store of value that can be created without a push of the button.
    -
    Another problem is that the collapse in oil prices has raised risks in the world’s interconnected financial system. The world’s biggest banks possess some $250 trillion of energy exposure which are mismatched while leverage remains high. Russia’s central bank has already bailed out a mid-sized lender and the country faces a repeat of the late nineties when it defaulted on its obligations despite some $400 billion of foreign exchange reserves. Can the ruble go lower?
    -
    read more!

end

January 26, 2015 Posted by | Economics | , , , , , , , , , , , , , , , , , | 1 Comment

The Great Reset Will Hammer Final Nail In West’s Coffin!

Newspaper-With-Financial-Collapse

  • The Great Reset Will Hammer Final Nail In West’s Coffin! 
    by http://www.kingworldnews.com
    Today one of the top money managers in the world told King World News that the coming Great Reset will be the final nail in the West’s coffin.  He also discussed how this is going to dramatically alter the power structure across the globe as well as what investors should be doing ahead of the coming turmoil.

    Stephen Leeb:  “Investors are finally recognizing after what Mario Draghi said today that there are really no trustworthy fiat currencies in the world.  Well, when paper currencies break down, monetary metals like gold and silver go up.  That’s what we are seeing right now….

    -
    read more!

end

January 23, 2015 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Currency Collapse Has Begun – SNB Unpegs Franc from Euro | Hoffman & Duane

January 21, 2015 Posted by | Economics | , , , , , , , , , , , | 1 Comment

Jim Willie’s 2015 Forecasts: Revaluation of Gold to $18,000, Death of Dollar (Part 2/2) !

  • Published on Jan 15, 2015
    This is part 2, here’s part 1: http://bit.ly/JimWillie_1

    IN PART 2:
    - Revaluation of the gold price to $18,000 ►0:54
    - Gold to skyrocket overnight ►17:55
    - Jim Willie’s opinion on physical precious metals vs. gold and silver mining stocks ►25:51 

end

January 21, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Swiss National Bank Goes Nuclear – Derivative Bombs to Follow?

  • Swiss National Bank Goes Nuclear – Derivative Bombs to Follow? 
    by http://www.silverdoctors.com/ 
    A day after the Swiss National Bank SHOCKED the market by de-pegging the franc from the Euro, causing a 30% move in the CHF Thursday, Jay Taylor joins The Doc & Eric Dubin to break down all of the implications:

    * Currency fluctuations could cause massive derivative bombs.
    * Why we’re witnessing the destruction of capitalism. 
    * Jay explains why we may soon see carnage in the equity markets. 
    * Hard to see a way out of this for the Central Bankers- THIS IS NOT GOING TO END WELL!
    *
    Has the Swiss National Bank ended Central Bank PM Manipulation, and kicked off the 3rd stage of the secular PM bull? 
    -
    read more!
WW3 is near?

Financial derivatives nuclear bomb ignited?

end

January 19, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Swiss De-peg Triggers Massive Derivative Crisis, Potential END OF THE EURO!

  • Jim Willie: Swiss De-peg Triggers Massive Derivative Crisis, Potential END OF THE EURO!! 
    by http://www.silverdoctors.com/ 
    In the wake of the Swiss National Bank shocking the market this week de-pegging the CHF from the Euro, the Golden Jackass Jim Willie joined us over the weekend for an Exclusive Interview discussing: 
    -
    * Willie explains why the Swiss are dumping the Euro in favor of GOLD, and that multi-hundred billion trading losses will result in MASSIVE DERIVATIVE LOSSES & CONTAGION!
    * Swiss actions have brought a HUGE ACCELERATION of end game events-We’re looking at the potential END of the EURO!
    *
    Swiss have front run the Global Currency Reset & GOLD REVALUATION!

    * $2 TRILLION IN SUB-PRIME OIL BONDS ARE ABOUT TO EXPLODE!  Contagion will be bigger than sub-prime housing crash!
    * Dollar Death-Spike: Fed has LOST CONTROL of the dollar!
    * Coming European bank failures will result in a STAMPEDE INTO GOLD!
    * 2015 Will be a repeat of Lehman- Several Western banks will go down, This is GAME OVER!
    * When Putin flips his switch, the DOLLAR IS DEAD, and Gold Will DOUBLE!
    * GREXIT will blow up the EU!

    read more!

end

January 19, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie’s 2015 Forecasts: Fractures in Economy, Dollar Collapse, & Gold Standard (Part 1) !

  • Published on Jan 13, 2015
    IN THIS INTERVIEW:

    - 2015 will be the year where the whole system fractures ►1:37
    - Is the rise in the Dollar going to hurt the U.S. economy? ►13:05
    - Calls for a new gold standard in 2015 ►17:12 

end

January 14, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

The Chinese are Preparing for a Disastrous Series of Global Derivatives Defaults, Chain Reaction, Panic and Worldwide Financial Destruction!

Financial Armageddon dead ahead !

Financial Armageddon dead ahead !

end

January 14, 2015 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Most Historic Precious Metals Mania Stampede in History By 2016?

  • Most Historic Mania Stampede in History By 2016? 
    by http://www.silverdoctors.com/ 
    David Morgan, Alasdair Macleod, & Bill Murphy join The Doc & Eric Dubin this week for a special Precious Metals Round Table edition of Metals & Markets, discussing:

    *
    Is JPMorgan sourcing silver by the warehouseload- directly from the miners via financing global miners’ refining?

    *
    Dhragonomics: ECB only 1 step behind Japan- paper fiat currencies on way to collapse in 2015

    * David Morgan: Fundamentals reflect $4800 current value in gold- physical shortage may develop in 2015-2016, resulting in a MASSIVE MANIC/PANIC stampede into metals & mining shares- something could lite a match to the gasoline filled warehouse of this market tomorrow!

    * Alasdair Macleod: Dollar strength distorting the picture- Gold has doubled vs Ruble in past year, all hell is breaking loose across the currency markets- 2015 will be the year for gold

    * Why the short sellers CANNOT be taken down by standing for delivery- is the entire game RIGGED?

    *
    Bill Murphy: Gold and silver may just Go Bonkers in 2015!  When this blows, we will have the MOST HISTORIC MOVE IN HISTORY! 

end

January 12, 2015 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Dr. Jim Willie: Evidence of System Breakdown Everywhere!

  • Published on Jan 10, 2015
    Jan. 9, 2015 / Dr. Jim Willie

    System Wide Breakdown Now Evident in
    Oil Price breakdown / US Dollar breakup
    Eurozone Breakup (Greece may be allowed to exit EU to be followed later by Germany)
    -
    China / BRICS currencies fast replacing USD in Trade Settlements
    2015: The Year when Economic Reality hits like a ton of bricks
    lost control of the oil price, evidence of broken USDollar structure and dismantled Petro-Dollar linkage, with enormous imminent damage to the oil industry’s subprime shale bonds with an estimated volume of $2 trillion (far bigger than the mortgage subprime bonds)… the damage to Russia is minimal with unchanged Ruble-based income stream but stress on import prices mitigated by USTBond reserve sales, not Gold reserve sales (blatant US propaganda)… support from Europe for the US-UK-EU fascists is fast eroding, as sanctions dole out deep damage to the European national economies, while the USGovt resorts to terror cells in Paris and elsewhere in response to objections to US sanctions policy like French President Hollande did two days before the Paris attack… the USGovt is trying to annex Europe during the militarized conditions from the Ukraine War, folding presidential offices under the NATO Supreme Commander, while forcing the onerous TTIP trade pact… the entire movement will backfire, with major member nations leaving the EU and common Euro union, possibly using a Greek debt default as a backdoor trigger to pull the rug out from the Anglo-American banker control room… the isolation of the United States ramps up with increasing non-USD trade settlement, while China develops the AIIB investment bank, the NDB development fund, the CRA crisis fund, and the Silk Road fund, which together will support a giant BRICS gold central bank… as Eastern nations under the BRICS movement follow the non-USD trade model, and adopt the Gold Trade Note model, the global banking systems will no longer require USTreasury Bonds in their reserves structure… they will diversify out of them, causing the USGovt to launch a new Scheiss Dollar (devalued heavily) in order to guarantee import supply flow, while amplifying the QE volume as the dumped USTBonds are soaked up… the result will be shortage, inflation, chaos… the USGovt betrayed the Global Currency Reset Accord in January 2014 by offering a Ukraine War, then stealing their 33 tons gold (watch for news of Western role in human organ trafficking out of Ukraine)… hence the Gold Standard will return through the trade doors, and not the currency doors… this is Game Over for the USDollar as the End Game is obvious in systemic breakdown
    http://www.goldenjackass.com

end

January 12, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

You Are Being Lied To – The West Is In Bad Shape, Particularly The United States!

Hitler-Propaganda_make_people_see_heaven_as_hell_wretched_life_as_paradise

  • You Are Being Lied To – The West Is In Bad Shape, Particularly The United States! 
    by http://www.kingworldnews.com
    As the great propaganda machine that is the Western mainstream media continues to tell the public there is a tremendous economic recovery, it turns out the West is in bad shape, particularly the United States.  Below a 50-year veteran sets the record straight and also issues a major warning for the people of the United States.

    John Embry:  “I think the drop in oil is getting overdone on the downside, but it’s going to create major problems in the derivatives world.  There are an awful lot of derivatives written against oil and there’s a lot of junk paper written against oil.  There will be serious ramifications to all of this….

    -
    read more!

end

January 9, 2015 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

David Morgan: Oil Derivatives Explosion Double 2008 Sub-Prime Crisis!

  • David Morgan: Oil Derivatives Explosion Double 2008 Sub-Prime Crisis! 
    by Greg Hunter’s USAWatchdog.com
    Precious metals expert David Morgan says the plunge in oil prices is not good news for big Wall Street banks.  Morgan explains, “The amount of debt that is carried by the fracking industry at large is about double what the sub-prime was in the real estate fiasco in 2008.   In summary, we’re looking at an explosion in potential that is greater than the sub-prime market of 2008 because, number one, oil and energy are the most important sectors out there.  Number two, the derivative exposure is at least double what it was in 2008.  Number three, the banking sector is really more fragile . . . and we have less ability to weather the storm.”
    -
    Morgan, who is also “a big-picture macroeconomist,” says oil derivatives could take down the system just like mortgage-backed securities back in the last financial meltdown.  The Fed said the sub-prime crisis would be “contained.”  It was not.  So, could oil derivatives take down other derivatives in a daisy chain type of collapse?  Morgan says, “Absolutely, there is no question about it.  The main problem is the overleverage of the system as a whole.  Warren Buffett calls derivatives weapons of financial mass destruction, which is a true statement.  Secondly, look at how derivatives are interconnected.  Derivatives can tie a financial instrument to another financial instrument or a financial derivative can be tied to an oil derivative.   This is just a flavor of how complicated these mathematical equations really are, and no one really knows the risk in them.”  So, underwater oil derivatives in one bank could bring down the financial system?  Morgan says, “Absolutely, because it is all tied together, all the banks are interconnected.”
    -
    So, if the oil sector unraveled, what would happen to gold and silver prices?  Morgan thinks, “Gold, I am pretty sure, would maintain right where it’s at, and that would be the worst case scenario, or it would go up and go up rapidly.  Gold and silver may go down temporarily like we saw in 2008, but they will catch a bottom and come up.  Silver in a deflationary environment has not done that well in the past. . . . Gold and silver are crisis hedges.  People will say I don’t know what is happening.  I’m scared.  I need something I can trust.  You can trust money that has been money for 5,000 years.  That’s something you can trust. . . . You can’t escape the truth.  The truth wins out in the end.  We are getting to that point, an inflection point.  I think gold will go up, and I think silver would follow and probably go up more rapidly once people caught on there is uncertainty.  There is an unbelievable lack of trust in the system.  People need something they can trust.  Physical gold and silver is something you can trust, and it’s been that way for thousands of years.  People aren’t that stupid, they understand that.”  Morgan goes on to say, “I am not implying this is going to unravel tomorrow.  I think it’s going to take a longer time frame than you might expect.  I really think it’s going to take four or five months from now.  I am thinking May or June before you start looking for the repercussions of this sub $50 (per barrel) oil.”

end

January 8, 2015 Posted by | Economics | , , , , , , , , , | Leave a comment

Willem Middelkoop: Financial Endgame, The War on Gold, Repatriation and the International Monetary System!

end

January 6, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

Follow

Get every new post delivered to your Inbox.

Join 938 other followers